Today: 9 April 2026
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TSX:8306 9 December 2025 - 8 February 2026

Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target

Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target

The Bank of England is expected to keep its Bank Rate at 3.75% on Thursday, with inflation still at 3.4% and signs of stronger demand emerging. Sterling hit a five-month high against the euro, while the FTSE 100 reached a record 10,402.34 points. January’s UK services PMI rose to 54.0, but hiring fell as firms faced higher payroll costs. Markets now expect about 35 basis points of BoE rate cuts by year-end.
Mitsubishi UFJ stock ends higher in Tokyo; India Shriram tie-up back in focus before earnings

Mitsubishi UFJ stock ends higher in Tokyo; India Shriram tie-up back in focus before earnings

Mitsubishi UFJ Financial Group shares rose 1.0% to 2,804.5 yen in Tokyo on Friday after a senior executive said Japanese automakers are considering partnerships tied to MUFG’s planned 20% stake in India’s Shriram Finance. Investors are awaiting MUFG’s third-quarter earnings on Feb. 4 for updates on overseas expansion and profit margins.
Mitsubishi UFJ Financial Group (MUFG) stock: Yen intervention watch sets up a jumpy week for Japan’s biggest bank

Mitsubishi UFJ Financial Group (MUFG) stock: Yen intervention watch sets up a jumpy week for Japan’s biggest bank

MUFG shares closed Friday at 2,835.5 yen, up 0.64%, as traders eyed volatile yen moves and bond yields ahead of Japan’s Feb. 8 election. Prime Minister Sanae Takaichi warned of action against “abnormal” market swings after the yen’s sharpest jump in six months. MUFG reports quarterly earnings Feb. 4. The dollar traded near 155 yen late Sunday following speculation over possible intervention.
Shriram Finance Share Price Outlook: MUFG’s ₹39,618 Crore Stake Deal, Analyst Targets, and What to Watch Next (Dec 25, 2025)

Shriram Finance Share Price Outlook: MUFG’s ₹39,618 Crore Stake Deal, Analyst Targets, and What to Watch Next (Dec 25, 2025)

Japan’s MUFG will buy a 20% stake in Shriram Finance for ₹39,618 crore, marking the largest cross-border investment in India’s financial sector, according to Reuters. Shriram Finance shares closed at ₹974 on December 24, hitting a 52-week high of ₹983.70 before markets shut for Christmas. MUFG will also pay a $200 million non-compete fee to Shriram Ownership Trust, pending shareholder approval.
25 December 2025
Shriram Finance Ltd Stock News (Dec 20, 2025): MUFG’s ₹39,618 Crore Deal, Record High Rally, and What Analysts Forecast Next

Shriram Finance Ltd Stock News (Dec 20, 2025): MUFG’s ₹39,618 Crore Deal, Record High Rally, and What Analysts Forecast Next

Shriram Finance’s board approved a ₹39,618 crore ($4.4 billion) investment from Japan’s MUFG Bank for a 20% stake via preferential shares at ₹840.93 each. The deal includes two board seats for MUFG, pre-emptive rights, and a $200 million non-compete fee, pending shareholder approval. Shriram Finance shares hit a record high after the announcement.
20 December 2025
Tokyo Stock Market Today: NTT, Sony Financial and TEPCO Dominate Most Active Stocks on Dec. 9, 2025

Tokyo Stock Market Today: NTT, Sony Financial and TEPCO Dominate Most Active Stocks on Dec. 9, 2025

The Nikkei 225 closed up 0.14% at 50,651.75 Tuesday after a 7.5-magnitude earthquake struck off Japan’s northeast coast late Monday, prompting tsunami warnings and evacuations for 90,000 people. Semiconductor shares led gains. Authorities reported about 30 injuries and brief power outages, but no major damage or nuclear plant issues. The yen steadied after initial weakness.

Stock Market Today

  • Stocks Slip as US-Iran Ceasefire Optimism Wanes; Oil Prices Surge
    April 9, 2026, 12:18 PM EDT. Stocks dipped as S&P 500, Dow Jones, and Nasdaq 100 indexes retreated following fading optimism over a US-Iran ceasefire. June E-mini futures reflected this softening trend. Crude oil jumped over 5%, driven by the Strait of Hormuz blockade and escalating tensions from Israeli-Lebanon clashes, threatening the fragile truce. Both the US and Iran accused each other of ceasefire breaches, complicating Saturday's talks. U.S. economic data disappointed, with rising unemployment claims, weaker personal income and spending, and downwardly revised Q4 GDP growth adding pressure. Oil tanker restrictions amplified shipping delays, with over 1,000 vessels waiting near the strait, historically a key global energy transit route. Markets price in only a 2% chance of a Federal Reserve rate hike in late April, while overseas shares also fell, weighing on sentiment.

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Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’

Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’

9 April 2026
Palantir Technologies dropped about 7% Thursday after Michael Burry said Anthropic was overtaking it in enterprise AI, putting Palantir on track to lose $34 billion in market value. Anthropic reported its annualized revenue run rate had surged past $30 billion and launched new AI tools for businesses. Nearly one in four businesses on Ramp now pays for Anthropic, according to Ramp data. Palantir’s stock still trades at 395 times earnings.
Salesforce Stock Hits Fresh 52-Week Low Despite AI Growth and $50 Billion Buyback

Salesforce Stock Hits Fresh 52-Week Low Despite AI Growth and $50 Billion Buyback

9 April 2026
Salesforce shares hit a new 52-week low Thursday, dropping 3.7% to $169.76 despite reporting 12% revenue growth and strong demand for its AI products. The broader software sector continued to slide, with the S&P 500 software and services index down about $1 trillion since January. Salesforce raised its buyback authorization to $50 billion and increased its dividend to 44 cents a share.
ServiceNow Stock Hits Fresh 52-Week Low as Analysts Cut Targets Ahead of Earnings

ServiceNow Stock Hits Fresh 52-Week Low as Analysts Cut Targets Ahead of Earnings

9 April 2026
ServiceNow shares dropped 5.1% to $92.45 by 10:20 a.m. EDT Thursday, hitting a new 52-week low after analysts at Stifel, BTIG, and Goldman Sachs cut price targets citing weak federal spending and limited 2026 growth. The company announced it will integrate AI, data, security, and governance into all products ahead of first-quarter results due April 22.
SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

9 April 2026
SoFi Technologies shares fell 1.9% to $16.18 Thursday after KBW and Wells Fargo cut price targets ahead of first-quarter results due April 29. The moves follow Muddy Waters’ short position and claims of accounting issues, which SoFi denies. Affirm and LendingClub also traded lower. Barclays and other banks have trimmed targets as concerns mount over credit quality and sector valuations.
Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

9 April 2026
Tesla is developing a smaller, cheaper electric SUV to be built first in Shanghai, sources said. The new model would cost less than the Model 3 and be smaller than the Model Y. Tesla produced 408,386 vehicles but delivered only 358,023 in Q1, as U.S. demand weakened and competition increased. Shares fell 0.8% Thursday.
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