Today: 17 April 2026
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TSX:AC 18 August 2025 - 14 February 2026

Markets Shaken, AI Valuations Soar, Oil Slumps: What You Missed in Business This Weekend

Markets Shaken, AI Valuations Soar, Oil Slumps: What You Missed in Business This Weekend

OpenAI is in talks to sell about $6 billion in shares to SoftBank and Thrive Capital, valuing the company at $500 billion. Oil prices fell sharply, with Brent crude near $65 and Goldman Sachs warning of a bear market if peace talks advance. Google was fined A$55 million in Australia for pre-install deals. Air Canada canceled 700 flights as 10,000 flight attendants went on strike under threat of jail for union leaders.

Stock Market Today

  • Insight Enterprises (NSIT) Appears Undervalued After Recent Price Swings
    April 17, 2026, 7:38 AM EDT. Insight Enterprises (NSIT) shares have fluctuated, with an 8.1% gain over the past week but a 43.4% drop in the last year. The stock trades at $75.54, roughly 26.5% below its intrinsic value of $102.76, based on a Discounted Cash Flow (DCF) analysis that estimates future cash flows. Insight also carries a price-to-earnings (P/E) ratio of 14.44, lower than the industry average of 31.38, indicating potential undervaluation versus peers. These metrics suggest Insight Enterprises could offer a valuation opportunity amid reassessment of IT services stocks.

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XRP Price Today: XRP Climbs to $1.44 as ETF Inflows, Risk-On Mood Lift Ripple-Linked Token

XRP Price Today: XRP Climbs to $1.44 as ETF Inflows, Risk-On Mood Lift Ripple-Linked Token

17 April 2026
XRP climbed to about $1.44 in early New York trading Friday, up 2.5% in 24 hours with turnover over $4 billion, outpacing bitcoin and ether. U.S.-listed spot XRP ETFs saw $17 million in net inflows on April 15, the highest since February. Ripple announced a partnership with Kyobo Life Insurance for Korea’s first tokenised government bond settlement project. XRP remains about 60% below its all-time high.
Gold Price Today Near $4,784 as Weaker Dollar Keeps Bullion on Track for Fourth Weekly Gain

Gold Price Today Near $4,784 as Weaker Dollar Keeps Bullion on Track for Fourth Weekly Gain

17 April 2026
Gold hovered near $4,784 an ounce Friday, set for a fourth weekly gain despite easing 0.1% by 0815 GMT. A 10-day Lebanon-Israel ceasefire and possible U.S.-Iran talks kept investors watching for diplomatic progress. Indian gold imports stalled as banks await new government authorization, leaving over 5 tons stuck at customs. Spot silver rose 0.7% to $78.97, platinum held steady, and palladium slipped 0.1%.
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