Apple Inc.

After the markets closed on April 20, Apple <a href="https://oninvest.com/article/apple-ob-avila-o-smene-general-nogo-direktora">announced</a> that CEO Tim Cook will hand over the position to John Ternus, who as senior vice president oversees all hardware engineering as of September 1. His area of responsibility includes teams working on iPhone, iPad, Mac, Apple Watch, AirPods, Apple Vision Pro and other products.

"The AI industry is all set for a transfer of power." What Apple's CEO change means for the company

Kevin Warsh, the candidate nominated to head the Federal Reserve Board by US President Donald Trump, has pledged to defend the regulator's independence if he is confirmed. In an open-ended speech, with which Warsh plans to address the US Senate Banking Committee on Tuesday, April 21, he says the Fed should be largely free of political influence but remain focused on its core tasks. "The Fed's independence depends largely on the Fed itself," he says in the text, which <a href="https://www.politico.com/f/?id=0000019d-ab72-db52-adbf-fb7aa0e00000">was obtained</a> by Politico.

A candidate to head the Fed has pledged to protect its independence. What he sees as a threat

Apple's CEO position, which was filled by Tim Cook after Steve Jobs' death, will go to John Ternus, senior vice president of hardware engineering, effective Sept. 1, the company <a href="https://www.apple.com/newsroom/2026/04/tim-cook-to-become-apple-executive-chairman-john-ternus-to-become-apple-ceo/">announced</a>.

Apple has announced a change in CEO

The main indexes of American shares only slightly decreased at the end of trading on Monday, April 20, and oil prices rose significantly. Tensions between the U.S. and Iran intensified over the weekend, but traders are betting that the two countries will eventually reach a compromise, CNBC reported. U.S. President Donald Trump said he is unlikely to extend the truce with Tehran, which ends Wednesday, if a peace deal with Tehran is not reached and emphasized that the U.S. will continue to block the Strait of Hormuz until an agreement is signed.

"For the market, the war is over": US stocks down slightly 2 days before truce expires

Oaktree Capital Management co-founder Howard Marks, famous for<a href="https://oninvest.com/article/vremennoe-pomesatel-stvo-pocemu-govard-marks-dumaet-cto-puzyra-na-rynke-ese-net">predicting</a> the collapse of the dot-com bubble in the 2000s, warned that there aren't many interesting stocks to buy right now, CNBC <a href="https://www.cnbc.com/2026/04/20/howard-marks-says-there-are-very-few-cheap-stocks-bargains-come-when-people-panic.html">writes</a>: Despite spikes in volatility, markets are still far from truly stressful levels.

'Profitable purchases appear when people panic': Howard Marks advises to wait

American Airlines Group Inc.

United Airlines Holdings, Inc.

Shares of United Airlines and American Airlines fell in trading on April 20, after the latter publicly rejected the idea of a merger. American called the deal, which would have resulted in a giant carrier on the market, a threat to competition.

Shares of American Airlines and United fell after rejecting the creation of an airline giant

Users of Aave, a cryptocurrency lending platform, have withdrawn about $9 billion from the project. The outflow of funds was triggered by hackers who placed $200 million worth of stolen rsETH token on the platform as collateral and <a href="https://www.coindesk.com/tech/2026/04/19/2026-s-biggest-crypto-exploit-kelp-dao-hit-for-usd292-million-with-wrapped-ether-stranded-across-20-chains">borrowed</a> about $236 million in more liquid tokens, essentially creating a "budget hole" for Aave, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-04-19/crypto-hack-worth-290-million-triggers-defi-contagion-shock">writes.</a>

Crisis of confidence: $9 billion withdrawn from the largest cryptocurrency lending platform 

Eli Lilly and Company

US pharmaceutical giant Eli Lilly has agreed to buy biotech company Kelonia Therapeutics in a deal worth up to $7 billion, <a href="https://investor.lilly.com/news-releases/news-release-details/lilly-acquire-kelonia-therapeutics-advance-vivo-car-t-cell">according to</a> a press release. Lilly will pay $3.25 billion outright, with the remainder of the amount contingent on the achievement of clinical, regulatory and commercial milestones. The deal is expected to close in the second half of the year.

Eli Lilly to buy oncology drug developer. What is it paying up to $7 billion for?

Data

COMPASS Pathways plc

AtaiBeckley Inc.

Definium Therapeutics, Inc.

GH Research PLC

Cybin Inc. Common Stock

Psychedelic drug developers’ shares <a href="https://seekingalpha.com/news/4576434-psychedelic-stocks-rally-after-trump-orders-faster-ptsd-research-compass-pathways-atai-lead-gains">jumped</a>&nbsp;at least 15% in early trading on Monday, Seeking Alpha <a href="https://seekingalpha.com/news/4576434-psychedelic-stocks-rally-after-trump-orders-faster-ptsd-research-compass-pathways-atai-lead-gains">reports</a>. The move followed an executive order <a href="https://www.bloomberg.com/news/articles/2026-04-18/trump-signs-order-easing-restrictions-on-psychedelic-drugs">signed</a>&nbsp;by U.S. President Trump aimed at accelerating research and expanding patient access to psychedelics for the treatment of post-traumatic stress disorder. On Wall Street, the move is being described as a structural turning point for the sector.

Psychedelics stocks jump on Trump executive order easing FDA restrictions

Golar LNG Limited

ConocoPhillips

Permian Resources Corporation

Vistra Corp.

Halliburton Company

Goldman Sachs has advised investors to look at five energy stocks, including one in the mid-cap segment, CNBC <a href="https://www.cnbc.com/2026/04/17/goldman-says-buy-these-dividend-paying-energy-stocks-with-upside.html">reported</a>. Goldman Sachs analyst Neil Mehta published a note on Friday after Iran <a href="https://en.oninvest.com/article/iran-announced-the-full-opening-of-the-strait-of-hormuz-for-the-duration-of-the-ceasefire">announced</a>&nbsp;the “complete” reopening of the Strait of Hormuz to commercial shipping. At the same time, Trump said the U.S. blockade of Iranian ports and vessels remained in place.

Goldman Sachs puts out list of 'buy'-rated energy stocks; one is a mid cap

Independent Bank Corporation

Hanmi Financial Corporation

Heritage Insurance Holdings, Inc.

Horizon Bancorp, Inc.

Accel Entertainment, Inc.

Green Dot Corporation

Freedom Broker, on the request of <i>Oninvest</i>, looked at which small caps in the financial sector were most popular among hedge funds in the fourth quarter. The sample includes 10 companies with market capitalizations below $6 billion during the period. Their stocks trade below $35 a share.

10 small-cap financial  stocks cheaper than $35 based on hedge fund holdings

QuidelOrtho Corporation

QuidelOrtho shares <a href="https://finance.yahoo.com/quote/QDEL/">tumbled</a>&nbsp;more than 27% on Thursday to their lowest level since April 2011 after the small-cap diagnostics provider <a href="https://ir.quidelortho.com/news/news-release-details/2026/QuidelOrtho-Announces-Preliminary-Revenue-for-the-First-Quarter-2026-and-Provides-Update-on-Full-Year-2026-Guidance/default.aspx">reported</a>&nbsp;preliminary first-quarter results that came in well <a href="https://www.barrons.com/articles/quidelortho-diagnostics-stock-moderate-flu-season-51c6af1a?mod=RTA">below Wall Street expectations.</a> The move was driven by a weaker flu season in the U.S. and the Middle East conflict, the company said.

Diagnostics stock QuidelOrtho falls to 15-year low on disappointing 1Q26 results

Allbirds, Inc.

Still, Allbirds shares are up 336% versus before the strategy change announcement

'Peak silliness': Allbirds plummets after 700% rise on AI infrastructure pivot

Small Caps

Important news and analysis of global stock markets, plus crypto, bonds, and ETFs

Investment and Finance News