Today: 16 May 2026

Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Why Nu Holdings Stock Is Falling as Nubank Launches Brazil Cashback Push

Why Nu Holdings Stock Is Falling as Nubank Launches Brazil Cashback Push

Nu Holdings shares dropped 2.5% to $14.32 Tuesday after Nubank launched a campaign to attract investment assets from rival platforms in Brazil. The move follows new rules making investment portability easier. Nubank reported fourth-quarter net income up 50% to $894.8 million and revenue up 45% to $4.86 billion. Some analysts remain positive, but concerns persist over rising costs and loan losses.
24 March 2026
Tesla Stock Price Today: TSLA Rises on Europe Sales Rebound, but BYD and Zoox Keep Pressure On

Tesla Stock Price Today: TSLA Rises on Europe Sales Rebound, but BYD and Zoox Keep Pressure On

Tesla shares rose nearly 1% Tuesday after data showed an 11.8% jump in February European registrations, ending a 13-month decline. TSLA traded at $384.46 in late-morning New York. BYD’s sales more than doubled in Europe, matching Tesla’s 1.8% market share. U.S. regulators escalated a probe into 3.2 million Tesla vehicles with Full Self-Driving, raising the risk of a recall.
24 March 2026
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Ondas Stock Price Rises Again After 2026 Outlook Jump, World View Deal

Ondas Stock Price Rises Again After 2026 Outlook Jump, World View Deal

Ondas shares rose 1% to $11.00 after the company reported record fourth-quarter revenue of $30.1 million, up from $4.1 million a year earlier, and agreed to buy World View Enterprises for $150 million. Ondas posted a $101 million quarterly net loss, citing an $82.2 million non-cash warrant charge. The company raised its 2026 sales target to at least $375 million. The World View deal is expected to close in the second quarter.
24 March 2026
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Coeur Mining Stock Near $18 After New Gold Deal, $750 Million Buyback and First Dividend

Coeur Mining Stock Near $18 After New Gold Deal, $750 Million Buyback and First Dividend

Coeur Mining closed its New Gold acquisition and raised 2026 output targets, announcing a $750 million share buyback and its first cash dividend. Shares hovered near $18 early Tuesday after closing at $17.89 Monday. The company now guides for up to 815,000 ounces of gold and 65 million pounds of copper next year. Coeur also launched an exchange offer for $400 million of New Gold’s senior notes.
24 March 2026
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Super Micro Computer stock rebounds 5%, but Wall Street warns the SMCI bounce may not last

Super Micro Computer stock rebounds 5%, but Wall Street warns the SMCI bounce may not last

Super Micro Computer shares rose 5.1% to $21.58 Monday after a Wall Street downgrade and new details in a China export-control case. U.S. prosecutors allege three people tied to the company helped route $2.5 billion in AI tech to China, though Super Micro was not charged. The company put two employees on leave and accepted a board resignation. Analysts warn of reputational risks and possible lost orders to rivals like Dell.
24 March 2026
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Investors Chase Anduril Shares at 40% Premium Ahead of Reported $60 Billion Round

Investors Chase Anduril Shares at 40% Premium Ahead of Reported $60 Billion Round

Investors are bidding up to 40% above Anduril’s expected new fundraising price in secondary markets, seeking shares ahead of a round that could value the defense-tech firm at $60 billion, according to Business Insider. Buy interest accounted for 97% of volume, with sellers at just 3%. Anduril recently won a U.S. Army contract worth up to $20 billion and plans to build its FURY drone in Ohio. The company declined to comment.
24 March 2026
Wall Street Rebounds on Trump’s Iran Talk Claims, but Futures Surge Before His Post Raises New Questions

Wall Street Rebounds on Trump’s Iran Talk Claims, but Futures Surge Before His Post Raises New Questions

Stock-index futures fell 0.4% Tuesday after Iran denied President Trump’s claim of talks, reversing Monday’s rally that saw the Dow jump 631 points and oil prices plunge. Brent crude rebounded above $101 as traders reassessed risks from ongoing conflict and disruptions in the Strait of Hormuz. Iran launched new missile attacks on Israel, and analysts warned Brent could reach $150 if shipping remains blocked.
24 March 2026
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Trump’s Iran Talks Post Sparks Wall Street Rally as $580 Million Oil Bets Raise Fresh Questions

Trump’s Iran Talks Post Sparks Wall Street Rally as $580 Million Oil Bets Raise Fresh Questions

Unusual trades in oil and stock-index futures occurred minutes before President Trump announced “productive” talks with Iran, triggering a brief market rally. About $580 million in oil futures changed hands just before Trump’s post, according to the Financial Times. Oil prices and stocks surged, but gains faded as Iran denied talks. The White House denied any insider trading by officials.
24 March 2026
Molecure Starts Share Sale, KRUK Buys €278 Million Italian Debt as Korab Flags 2020 Mining Objection

Molecure Starts Share Sale, KRUK Buys €278 Million Italian Debt as Korab Flags 2020 Mining Objection

Molecure launched an accelerated bookbuild to sell up to 4.12 million new Series K shares and 2 million existing shares, with MS Galleon maintaining its 24.46% stake. KRUK’s Milan unit agreed to buy up to €278 million in Italian unsecured retail receivables. Korab Resources highlighted an ongoing mining-licence objection in Western Australia dating to December 2020.
24 March 2026
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Silver Price Today Slips Toward $66 as Rate Fears Outweigh Safe-Haven Demand

Silver Price Today Slips Toward $66 as Rate Fears Outweigh Safe-Haven Demand

Spot silver fell 3.4% to $66.80 an ounce Tuesday, erasing Monday’s rebound as traders bet energy shocks will keep interest rates high. The metal is down nearly 18% from a month earlier, with selling spreading across gold, platinum, and palladium. Oil neared $100 a barrel and Treasury yields rose after relief from delayed U.S. strikes on Iran faded. Silver broke below its 100-day moving average last week for the first time since April 2025.
24 March 2026
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Oil Prices Jump Back Above $100 After Iran Rejects Trump Talks Claim

Oil Prices Jump Back Above $100 After Iran Rejects Trump Talks Claim

Brent crude rose above $100 a barrel Tuesday after Iran denied talks with the U.S. and missile attacks resumed on Israel. The Strait of Hormuz remains largely closed due to war, causing the biggest oil-supply disruption on record, according to the IEA. Brent gained $1.25 to $101.19 by 0858 GMT; WTI climbed $2.15 to $90.28. Traders and banks warned prices could surge further if the strait stays shut.
24 March 2026
Valero Port Arthur Refinery Explosion Report Spurs Emergency Response — Why VLO Is Suddenly in Focus

Valero Port Arthur Refinery Explosion Report Spurs Emergency Response — Why VLO Is Suddenly in Focus

An explosion was reported Monday evening at Valero’s Port Arthur refinery, with black smoke and flames seen rising from the site. The Port Arthur Fire Department confirmed an incident but did not specify the cause or report injuries. The refinery processes 435,000 barrels per day and employs about 770 people. Valero shares closed down 1.03% at $237.39 after the news.
24 March 2026
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Lloyds Banking Group Share Price Today: Why LLOY Rose 2% as Oil Slumped

Lloyds Banking Group Share Price Today: Why LLOY Rose 2% as Oil Slumped

Lloyds Banking Group shares closed up 2.09% at 92.68 pence on Monday, outperforming a falling FTSE 100, after oil prices plunged and UK bond yields retreated following U.S. President Trump’s decision to delay strikes on Iranian power plants. Other UK banks also gained, while analysts warned market optimism could be fragile amid ongoing geopolitical uncertainty.
24 March 2026
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Amazon stock price jumps as Wall Street rethinks $200 billion AI bet

Amazon stock price jumps as Wall Street rethinks $200 billion AI bet

Amazon shares rose 2.3% to $210.14 on Monday, outpacing the S&P 500 and Nasdaq after a bullish analyst note and a Wall Street rebound. The gain follows an 11% drop this year amid scrutiny of Amazon’s $200 billion AI-driven capex plan. AWS revenue rose 24% last quarter to $35.6 billion, but rivals grew faster. Amazon raised $54 billion in bonds this month to fund expansion.
24 March 2026
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IREN Stock Jumps as Bitcoin Rebounds Above $70,000, but $6 Billion Share-Sale Overhang Lingers

IREN Stock Jumps as Bitcoin Rebounds Above $70,000, but $6 Billion Share-Sale Overhang Lingers

IREN Ltd shares rose 2.1% to $42.16 Monday as bitcoin climbed above $70,000, lifting crypto-linked stocks. The company is expanding its AI cloud business with a major Nvidia chip purchase and may sell up to $6 billion more in stock. Quarterly revenue fell, but AI services revenue increased. Monday’s gain left IREN shares below their March 4 close.
24 March 2026
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BP Stock Price Falls 4% as Oil Drops Below $100, Blunting Refinery-Sale Bounce

BP Stock Price Falls 4% as Oil Drops Below $100, Blunting Refinery-Sale Bounce

BP shares fell 4.2% to 538.6 pence in London on Monday after Brent crude dropped 10.9% to $99.94 a barrel, following President Trump’s decision to delay strikes on Iranian power plants. Shell also lost 4.2%. BP faces a labor dispute at its Whiting refinery in Indiana, where nearly 800 workers were locked out, but the company says production remains unaffected.
24 March 2026
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Stock Market Today

  • Tom Lee's BitMine Cuts Ethereum Purchases by 74% for Strategic Ownership
    May 16, 2026, 5:02 AM EDT. BitMine Immersion Technologies ($BMNR) has reduced its weekly Ethereum (ETH-USD) purchases by 74%. The move aims to reach a targeted 5% ownership stake more cautiously. This more measured approach reflects BitMine's strategic adjustment amid shifting market dynamics. Ethereum is a leading cryptocurrency widely used for decentralized applications and smart contracts. BitMine's shift signals a change in accumulation strategy, influencing market participants' perceptions of institutional demand.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 16.05.2026

16 May 2026
LIVEMarkets rolling coverageStarted: May 16, 2026, 4:00 AM EDTUpdated: May 16, 2026, 5:08 AM EDT Tom Lee's BitMine Cuts Ethereum Purchases by 74% for Strategic Ownership May 16, 2026, 5:02 AM EDT. BitMine Immersion Technologies ($BMNR) has reduced its weekly Ethereum (ETH-USD) purchases by 74%. The move aims to reach a targeted 5% ownership stake more cautiously. This more measured approach reflects BitMine’s strategic adjustment amid shifting market dynamics. Ethereum is a leading cryptocurrency widely used for decentralized applications and smart contracts. BitMine’s shift signals a change in accumulation strategy, influencing market participants’ perceptions of institutional demand. Tom Lee’s BitMine
Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

16 May 2026
U.S. stock ETFs fell in after-hours trading Friday following a more than 1% drop in the S&P 500, Dow, and Nasdaq. Oil surged 4.2% to $105.42 a barrel and the 10-year Treasury yield hit 4.597%, fueling concerns over inflation and Fed rate hikes. Nvidia, AMD, and Intel led chip declines, while Berkshire Hathaway disclosed a $2.65 billion Delta stake and exited Amazon, Visa, and Mastercard.
Accuray inks 10-year cancer tech agreement, shares in focus

Accuray inks 10-year cancer tech agreement, shares in focus

16 May 2026
Accuray and the University of Wisconsin School of Medicine and Public Health signed a 10-year research agreement focused on Accuray’s Stellar adaptive radiotherapy platform. The announcement came after market close, with Accuray shares ending down 5.2% at $0.27. The deal follows Accuray’s recent withdrawal of fiscal 2026 guidance and ongoing financial pressures.
Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

16 May 2026
Origin Materials asked shareholders to approve a plan to liquidate and dissolve the company, estimating an initial payout of $0.61 to $3.54 per share depending on asset sales and claims. Shares rose 15% to $1.43 after the filing. The company reported a 91% drop in first-quarter revenue and warned it may not survive without the wind-down. Origin cut 59% of its workforce and CEO John Bissell stepped down May 1.
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