Finance

Intel shares soared nearly 24% in their best trading day since 1987 after the company reported a blowout profit that exceeded analyst expectations. This performance revitalized leadership in the chip sector, pushing the Philadelphia Semiconductor Index up by over 4% and extending its winning streak to 18 days.

Bitcoin prices fell to approximately $77,351 on Saturday after reports that high-level U.S. diplomatic talks regarding Middle East tensions were canceled. Despite this short-term dip, the cryptocurrency remains on track for one of its strongest April performances in years, currently up over 13% for the month.

The Federal Reserve is widely expected to keep interest rates unchanged at its upcoming April 28-29 meeting, maintaining a target range of 3.5% to 3.75%. While market consensus for a pause is near 100%, investors are closely monitoring commentary for signs of when a potential pivot toward rate cuts might occur later in 2026.

An estimated $290 million was stolen from prominent decentralized finance lending platforms in a recent series of cyberattacks. The incident caused significant liquidity issues for major platforms like Aave, leading to mass withdrawals and leaving some lenders unable to reclaim their funds.

Brent crude oil prices have settled near $100 per barrel, retreating from earlier peaks of $120 as a ceasefire in the Middle East was reportedly extended. While global shipping through the Strait of Hormuz remains below pre-war levels, the market is responding with cautious optimism to the ongoing negotiations.