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NASDAQ:QRTEA 17 April 2026

QVC Bankruptcy Filing: Home-Shopping Pioneer Seeks Fast Chapter 11 to Cut More Than $5 Billion of Debt

QVC Bankruptcy Filing: Home-Shopping Pioneer Seeks Fast Chapter 11 to Cut More Than $5 Billion of Debt

QVC Group filed for Chapter 11 bankruptcy in Texas on Thursday, aiming to cut debt to $1.3 billion from $6.6 billion while keeping QVC and HSN running. The company reported an $2.4 billion net loss in 2025 and an 8% revenue drop. U.S. operations are affected; international units are not. QVC expects to exit bankruptcy in about 90 days and warned shareholders of a total loss.
17 April 2026

Stock Market Today

  • Fed's Waller Highlights Iran War, Labor Market Risks in Holding Rates
    April 17, 2026, 3:06 PM EDT. Federal Reserve Governor Christopher Waller highlighted the complex challenges from high inflation and a stagnant labor market in his recent Alabama speech. Waller suggested the Fed might maintain current interest rates amid economic uncertainty, emphasizing the need to balance inflation risks against labor market stability. Unlike some policymakers, Waller warned that disruptions like the Iran war could cause more persistent inflation shocks. Despite concerns about low job growth, he noted employers remain cautious, potentially vulnerable to shocks that could trigger layoffs. Waller's remarks signal caution in rate changes as markets anticipate the Fed to keep rates steady through the year.

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Oil Prices Plunge, Dow Jones Jumps After Iran Reopens Strait of Hormuz (Reuters)

Oil Prices Plunge, Dow Jones Jumps After Iran Reopens Strait of Hormuz (Reuters)

17 April 2026
Oil prices dropped and U.S. stocks hit new records Friday after Iran reopened the Strait of Hormuz to commercial shipping during a 10-day ceasefire. Brent crude fell to $88.90 a barrel, while the S&P 500 and Nasdaq set highs. Iran said passage is open but with restrictions, and the U.S. Navy warned of lingering mine threats. Major shipping lines remained cautious about resuming transit.
Intel Stock Hits Highest Since 2000 as Turnaround Rally Faces Earnings Test

Intel Stock Hits Highest Since 2000 as Turnaround Rally Faces Earnings Test

17 April 2026
Intel shares hit $70.32 intraday Friday, their highest since 2000, before trading near $68.75 as investors bet on an AI-driven turnaround. The stock surge follows new deals with Google and Tesla, and a $14.2 billion buyback of its Ireland plant stake. First-quarter results are due April 23. Analysts warn of weak PC demand and a $10.32 billion foundry loss in 2025.
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