Today: 12 April 2026
Subscribe
Browse Category

TSX:5401 7 December 2025

U.S. Steel (X) Stock Update: Granite City Restart, Fitch Rating and Nippon Steel’s 2026 Outlook

U.S. Steel (X) Stock Update: Granite City Restart, Fitch Rating and Nippon Steel’s 2026 Outlook

U.S. Steel, now a Nippon Steel subsidiary, delisted from NYSE on June 18, 2025, after a $14.9 billion buyout at $55 per share. The company will restart a blast furnace at Granite City Works in Illinois and hire about 400 workers to meet 2026 demand. Fitch affirmed its ‘BBB‑’ credit rating, citing support from Nippon Steel. The U.S. government holds a “golden share” with veto power over key decisions.
7 December 2025

Stock Market Today

  • Greg Abel Shifts Berkshire Hathaway Focus to Japan Amid Widening Valuation Gap
    April 12, 2026, 6:07 AM EDT. Berkshire Hathaway CEO Greg Abel is expanding the company's international footprint with increased investments in Japan and the Asia Pacific region. The firm recently issued a large Yen-denominated Eurobond, signaling higher funding activity overseas. Berkshire's Class A shares (NYSE:BRK.A) trade near $720,000, down 8.2% over the past year but up significantly over three and five years. The stock trades at a price-to-earnings ratio close to the industry average, yet markets see it 40.7% below estimated fair value. Abel's strategy raises questions on currency risk management and capital allocation from Berkshire's significant cash reserves, with forecasts predicting a 3.5% earnings decline over three years. Investors await further disclosures to assess if Japan becomes a core part of Berkshire's growth plan.

Latest article

Bitcoin Price Today Slips After Iran Talks End Without Deal, but ETF Buyers Keep Showing Up

Bitcoin Price Today Slips After Iran Talks End Without Deal, but ETF Buyers Keep Showing Up

12 April 2026
Bitcoin fell 1.4% to $71,707 on Sunday after U.S.-Iran talks in Islamabad ended without a deal. Spot bitcoin ETFs logged net inflows last week, with BlackRock and Fidelity leading Friday’s buying. Morgan Stanley launched its MSBT fund on April 8, the first Wall Street bank to debut a bitcoin ETF. U.S. inflation data showed headline CPI up 3.3% in March, while core CPI rose 2.6%.
XRP Price Today: XRP Slips to $1.33 After Failed U.S.-Iran Talks Hit Crypto

XRP Price Today: XRP Slips to $1.33 After Failed U.S.-Iran Talks Hit Crypto

12 April 2026
XRP slipped about 1% to $1.33 on Sunday after U.S.-Iran peace talks in Islamabad ended without a deal, pressuring crypto markets. The token traded in a narrow range, with bitcoin and ether also weaker. XRP’s market cap stands at $81.7 billion, with $1.96 billion in daily volume. The token remains 63.5% below its all-time high.
Gold Price Today: Bullion Near $4,762 After Weekly Gain, but Failed Iran Talks Cloud Outlook

Gold Price Today: Bullion Near $4,762 After Weekly Gain, but Failed Iran Talks Cloud Outlook

12 April 2026
Spot gold steadied at $4,761.79 an ounce Friday after a third weekly gain, with U.S. futures at $4,787.40. The dollar posted its biggest weekly drop since January, making gold cheaper for non-U.S. buyers. U.S.-Iran talks ended without a deal, keeping geopolitical risks high. China’s central bank increased gold reserves for a 17th month, reaching 74.38 million ounces.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 12.04.2026

12 April 2026
Futu Holdings (FUTU) rose 10.2% in the past week but trades 13.4% below its January level. Shares closed at $154.50, while analysts estimate intrinsic value at $245.48. The company posted a 92.2% return over 12 months. Valuation models indicate earnings exceed risk costs, supporting long-term growth projections.
India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

11 April 2026
Lockheed Martin said it is not in direct talks with India over the F-35, clarifying that any approach must go through official U.S. and Indian channels under the Foreign Military Sales process. Indian officials confirmed no formal discussions on acquiring the F-35 have begun. India recently approved a $40 billion military upgrade, including other fighter jets, while Lockheed’s F-21 remains in a separate competition.
Go toTop