Today: 16 April 2026
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  • Crude Oil Rally Triggers Short Covering in Sugar Futures Amid Supply Concerns
    April 16, 2026, 2:45 PM EDT. Crude oil prices rose about 2%, sparking a short covering rally in sugar futures. New York May sugar and London August white sugar climbed 1.11% and 1.50% respectively. Higher oil supports ethanol prices, encouraging cane diversion to ethanol production, limiting sugar output. Sugar recently hit a 5.5-year low due to expectations of a strong global sugar surplus from India, Brazil, Thailand, and Pakistan, pressuring prices. Industry forecasts suggest persistent global surpluses in 2025-26 and 2026-27 crop years. Despite bearish fundamentals, renewed crude strength and ethanol demand have temporarily lifted sugar prices after months of declines. The complex interplay between energy and sugar markets remains critical for traders.

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D-Wave Quantum Stock Jumps Again as Nvidia’s Ising Launch Reignites Quantum Rally

D-Wave Quantum Stock Jumps Again as Nvidia’s Ising Launch Reignites Quantum Rally

16 April 2026
D-Wave Quantum shares climbed about 5% Thursday, extending a 22.6% surge after Nvidia launched Ising, a new AI model family for quantum computing. D-Wave traded at $21.81, up from last year’s lows, and reported 2025 revenue of $24.6 million with first-quarter 2026 bookings topping $32.8 million. The company completed its $250 million Quantum Circuits acquisition in January. Market cap stood near $8.4 billion.
Intel Launches Lower-Cost 18A PC Chips as Analysts Lift Targets Ahead of Earnings

Intel Launches Lower-Cost 18A PC Chips as Analysts Lift Targets Ahead of Earnings

16 April 2026
Intel launched its Core Series 3 mobile processors Thursday, bringing its 18A chipmaking process to mainstream laptops and edge systems. Shares rose 4.2% to $67.69 after the announcement. More than 70 device designs from partners including Acer, HP, and Samsung are expected in coming months. Wall Street raised price targets but some analysts cautioned about ongoing challenges and competition from AMD and TSMC.
IonQ Stock Extends Rally After DARPA Win and Quantum Networking Breakthrough

IonQ Stock Extends Rally After DARPA Win and Quantum Networking Breakthrough

16 April 2026
IonQ shares climbed 2.8% to $44.46 by midday Thursday after announcing a DARPA contract under the new HARQ program and linking two commercial quantum systems with photons. The company reported 2025 revenue of $130 million and projected up to $245 million for 2026. Peers Rigetti and D-Wave Quantum also gained after Nvidia launched new AI models for quantum calibration and error correction.
NVIDIA Corporation Deepens Robotics Push With Cadence as AI Chip Demand Holds Up

NVIDIA Corporation Deepens Robotics Push With Cadence as AI Chip Demand Holds Up

16 April 2026
Nvidia and Cadence Design Systems announced a partnership Wednesday to combine Cadence's physics engines with Nvidia AI models for training robots in virtual environments. Nvidia shares traded at $198.95 Thursday, holding a $4.53 trillion market value, while Cadence gained 1.1%. The collaboration was unveiled at a Cadence event in Santa Clara.
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