Today: 15 May 2026

Khadija Saeed

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

IREN Stock Jumps as AI Cloud Bet Meets $6 Billion Dilution Test

IREN Stock Jumps as AI Cloud Bet Meets $6 Billion Dilution Test

IREN shares jumped 7.3% to $51.94 in New York Thursday amid debate over its shift from bitcoin mining to AI cloud services. The company plans to deploy 150,000 Nvidia GPUs by late 2026 and reported $2.8 billion in cash as of January. AI cloud revenue remains small compared to bitcoin mining, with $17.3 million last quarter. IREN can sell up to $6 billion in stock under a new SEC filing.
23 April 2026
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Hims Adds Lilly’s Zepbound and Foundayo as GLP-1 Price Fight Moves Online

Hims Adds Lilly’s Zepbound and Foundayo as GLP-1 Price Fight Moves Online

Hims & Hers Health said Thursday its providers can now send prescriptions for Eli Lilly’s Zepbound and Foundayo to LillyDirect, expanding branded obesity drug options on its platform. The move follows a similar deal with Novo Nordisk in March. Hims listed Foundayo from $149 a month and Zepbound from $299. The company previously stopped advertising compounded GLP-1s amid tighter U.S. regulations.
23 April 2026
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Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Greg Abel now controls about 94% of Berkshire Hathaway’s $300 billion stock portfolio after Todd Combs’ departure, consolidating authority more than Warren Buffett had planned. Abel has kept major U.S. holdings largely intact but increased investments in Japanese firms, including a new $1.8 billion stake in Tokio Marine. Recent portfolio trims, such as Apple and Amazon, reflect Buffett’s last quarter in charge.
23 April 2026
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Texas Instruments (TXN) Stock Jumps After Earnings Beat as Q2 Forecast Tops Wall Street

Texas Instruments (TXN) Stock Jumps After Earnings Beat as Q2 Forecast Tops Wall Street

Texas Instruments forecast second-quarter revenue of $5.0–$5.4 billion and earnings of $1.77–$2.05 a share, topping Wall Street estimates. First-quarter revenue rose 19% to $4.83 billion, with industrial sales up over 30% and data-center revenue up 90% from a year earlier. Shares jumped about 16% early Thursday. The company received $555 million from the U.S. CHIPS Act.
23 April 2026
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GameStop Stock Today: GME Slips as $420 Trade-In Buzz Fades and Valuation Debate Returns

GameStop Stock Today: GME Slips as $420 Trade-In Buzz Fades and Valuation Debate Returns

GameStop shares fell 1.6% to $25.24 Thursday morning, reversing part of Wednesday’s rally after a limited trade-in promotion ended. The company’s offer gave Pro members up to $420.69 for console trade-ins through April 22, but values returned to normal by Thursday. GameStop reported a 14% drop in fourth-quarter revenue in March and is shifting focus to trading cards and collectibles.
23 April 2026
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IBM Earnings Beat Isn’t Enough as AI Fears Slam Software Stocks

IBM Earnings Beat Isn’t Enough as AI Fears Slam Software Stocks

IBM shares dropped 9.5% Thursday despite first-quarter earnings beating estimates, as investors worried AI tools could threaten its software and consulting business. ServiceNow fell 17.5% and the iShares Expanded Tech-Software ETF lost 5.6%. IBM reported $15.9 billion in revenue, up 9%, but growth slowed from the prior quarter and guidance was unchanged.
23 April 2026
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Lululemon Stock Sinks as Heidi O’Neill CEO Hire From Nike Fails to Calm Investors

Lululemon Stock Sinks as Heidi O’Neill CEO Hire From Nike Fails to Calm Investors

Lululemon Athletica named former Nike executive Heidi O’Neill as its next CEO, sending shares down about 12% Thursday morning. O’Neill starts Sept. 8 amid a proxy fight and weak U.S. sales; the stock had already dropped 38% in the past year. Fourth-quarter revenue rose 1% to $3.6 billion, with Americas revenue down 4%. Wall Street analysts voiced skepticism over the appointment and company outlook.
23 April 2026
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FirstEnergy Ohio Rate Plan Could Add $4-$5 a Month to Bills as May 22 Filing Nears

FirstEnergy Ohio Rate Plan Could Add $4-$5 a Month to Bills as May 22 Filing Nears

FirstEnergy’s Ohio utilities will file a three-year rate plan with state regulators by May 22, seeking to fund $800 million annually in grid upgrades and $83 million for tree trimming. The plan would raise monthly bills for typical 1,000-kWh households by $4.26 to $5.30 if approved. The filing follows recent rate cases by AES Ohio and AEP Ohio under the new House Bill 15 regime.
23 April 2026
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American Airlines Q1 Earnings Beat, but $4 Billion Fuel Shock Forces 2026 Outlook Cut

American Airlines Q1 Earnings Beat, but $4 Billion Fuel Shock Forces 2026 Outlook Cut

American Airlines cut its 2026 profit outlook Thursday, citing a $4 billion jump in jet fuel costs linked to prices near $4 a gallon. The carrier now expects full-year adjusted earnings between a 40-cent-per-share loss and a $1.10 profit, down from its previous $1.70 to $2.70 forecast. First-quarter revenue hit a record $13.91 billion, with a narrower-than-expected loss of 40 cents a share. Shares fell 28 cents premarket.
23 April 2026
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Lockheed Martin Q1 Earnings Miss Sends Stock Lower as F-16, C-130 Delays Bite

Lockheed Martin Q1 Earnings Miss Sends Stock Lower as F-16, C-130 Delays Bite

Lockheed Martin reported first-quarter earnings of $6.44 per share on $18.02 billion in sales, missing analyst estimates as F-16 and C-130 delays cut into margins. Net income fell to $1.49 billion from $1.71 billion a year earlier. Shares dropped 2.8% premarket to $555.43. The company kept its 2026 outlook unchanged despite pressure in its Aeronautics unit and rising missile and space sales.
23 April 2026
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Mortgage Rates Fall Again, Homebuyers Return — but Bay Area Prices Stay Above $2 Million

Mortgage Rates Fall Again, Homebuyers Return — but Bay Area Prices Stay Above $2 Million

U.S. mortgage rates fell again this week, with the average 30-year fixed rate dropping to 6.30%, according to Freddie Mac. Mortgage applications rose 7.9% for the week ending April 17, and purchase applications jumped 10%. Pending home sales increased 1.5% in March. Median home prices in San Francisco, San Mateo, and Santa Clara counties stayed above $2 million despite the rate drop.
23 April 2026
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Xfinity Mobile Launches New $30 and $45 Plans, Adds Device Protection to Top Tier as Comcast Hits Record Wireless Growth

Xfinity Mobile Launches New $30 and $45 Plans, Adds Device Protection to Top Tier as Comcast Hits Record Wireless Growth

Comcast launched two new Xfinity Mobile plans with flat per-line pricing, ending multiline discounts and adding device protection to the top tier. Mobile Plus costs $45 per line monthly, Mobile Select $30. The move follows record wireless growth, with 435,000 new lines last quarter, while broadband losses continued. Comcast shares rose nearly 8% after beating Wall Street estimates.
23 April 2026
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Bitcoin Near $78,000 Is Rewiring Online Casinos in 2026 as $2 Deposits Become the New Battleground

Bitcoin Near $78,000 Is Rewiring Online Casinos in 2026 as $2 Deposits Become the New Battleground

Crypto Adventure on April 23 ranked Rakebit highest for small deposits among crypto casinos as Bitcoin traded near $77,793. Britain’s remote gaming duty rose to 40% this month, raising costs for mainstream bookmakers. Rakebit’s minimum deposit is about $2 in crypto, while Rainbet and Coins.Game set higher thresholds. New York’s attorney general sued Coinbase and Gemini this week, signaling increased regulatory scrutiny.
23 April 2026
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Super Micro (SMCI) Faces Fresh Lawsuit Deadline as DOJ Overhang Clouds AI Growth

Super Micro (SMCI) Faces Fresh Lawsuit Deadline as DOJ Overhang Clouds AI Growth

Super Micro Computer faces a May 26 deadline for shareholders seeking lead plaintiff status in a securities lawsuit alleging undisclosed China sales and export-control lapses. The company’s stock rose 2.7% Thursday but remains volatile after March criminal charges against former employees triggered a 33% drop. Super Micro is cooperating with investigators and says independent directors are overseeing a board probe.
23 April 2026
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Capital One $425 Million Settlement Gets Final Approval — When 360 Savings Payments May Arrive

Capital One $425 Million Settlement Gets Final Approval — When 360 Savings Payments May Arrive

A federal judge in Virginia has approved Capital One’s $425 million settlement over low-interest 360 Savings accounts, clearing payouts for account holders from September 2019 to June 2025. Payments are set to begin July 21 if there is no appeal. Current 360 Savings customers will get the higher 360 Performance Savings rate once the deal takes effect. Plaintiffs’ lawyers were awarded $32 million in fees.
23 April 2026
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Lam Research stock jumps after record quarter, stronger forecast points to more AI chip spending

Lam Research stock jumps after record quarter, stronger forecast points to more AI chip spending

Lam Research reported record March-quarter revenue of $5.84 billion, up 24% from a year ago, and adjusted earnings of $1.47 a share, both above Wall Street forecasts. Shares rose about 4% after hours. China accounted for 34% of revenue. Lam raised its 2026 wafer fabrication equipment outlook to $140 billion and forecast stronger June-quarter results than expected.
23 April 2026
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Lululemon names former Nike executive Heidi O’Neill CEO as founder pressure mounts

Lululemon names former Nike executive Heidi O’Neill CEO as founder pressure mounts

Lululemon named former Nike executive Heidi O’Neill as CEO, effective Sept. 8, amid pressure from founder Chip Wilson and Elliott Investment Management. The announcement follows a 4% drop in Americas revenue last quarter, while international sales climbed 17%. O’Neill will join the board and be based in Vancouver. Interim co-CEOs Meghan Frank and André Maestrini will return to their previous roles in September.
23 April 2026
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Texas Instruments Stock Jumps as Strong Forecast Signals Chip Demand Is Waking Up

Texas Instruments Stock Jumps as Strong Forecast Signals Chip Demand Is Waking Up

Texas Instruments projected second-quarter revenue of $5.00–$5.40 billion and earnings per share of $1.77–$2.05, both above analyst estimates. First-quarter revenue rose 19% to $4.83 billion, with net income up to $1.55 billion. Shares jumped about 8% in after-hours trading. The company cited stronger demand from data-center and industrial customers.
22 April 2026
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Stock Market Today

  • Japan's Kioxia Plans U.S. ADR Listing Amid Memory Market Growth
    May 15, 2026, 10:25 AM EDT. Kioxia, a major Japanese memory supplier and peer to Micron and Sandisk, is set to list American Depositary Receipts (ADRs) on a U.S. stock exchange. This move aims to broaden investor access to Kioxia shares amid growing global demand for memory chips. The U.S. listing will enable easier trading for American investors while raising Kioxia's profile in international markets. The company plays a significant role in the flash memory sector, a key component in smartphones, computers, and data centers. Kioxia's entry into U.S. markets underscores its strategy to capitalize on the expanding semiconductor industry and diversify its shareholder base.

Latest articles

Nokia Oyj Stock Pulls Back After AI Rally: What Investors Need to Know

Nokia Oyj Stock Pulls Back After AI Rally: What Investors Need to Know

15 May 2026
Helsinki, May 15, 2026, 17:06 EEST Nokia Oyj’s U.S.-listed shares fell on Friday, cooling after a Cisco-led rally that had pushed the Finnish network-equipment maker close to recent highs and sharpened investor focus on its exposure to artificial-intelligence data centers. Nokia’s ADR was trading at $13.74, down from a $14.46 previous close, at 13:51 UTC, market data showed. The pullback matters because the Nokia story is no longer just about telecom gear. Investors are testing whether spending on AI data centers can keep spilling into the pipes, switches and optical systems that move data between servers and cloud facilities. Cisco
Why Is XRP Down Today? Rate Fears Hit Ripple Token After Clarity Act Pop

Why Is XRP Down Today? Rate Fears Hit Ripple Token After Clarity Act Pop

15 May 2026
New York, May 15, 2026, 10:13 (EDT) XRP slipped on Friday, trading near $1.44 after an earlier push toward the $1.54-$1.55 area, as traders faded a regulatory-driven rally and turned back to the heavier macro trade: higher bond yields, fewer Fed cuts and less room for leveraged risk. CoinMarketCap showed XRP down 0.64% over 24 hours, while Bybit showed a 24-hour high near $1.54 and a low near $1.43. (CoinMarketCap) That matters now because the crypto market got a real policy win, but not a clean market breakout. The U.S. Senate Banking Committee said it advanced H.R. 3633, the Digital
Why Is Bitcoin Down Today? BTC Slips Below $80,000 as Hot Inflation, Yields and ETF Wobbles Hit Crypto

Why Is Bitcoin Down Today? BTC Slips Below $80,000 as Hot Inflation, Yields and ETF Wobbles Hit Crypto

15 May 2026
Bitcoin dropped below $80,000 Friday, trading at $79,202, down 0.9% as U.S. inflation data and rising Treasury yields pressured crypto markets. U.S. spot Bitcoin ETFs saw net outflows of over $860 million across May 12–13, according to Farside Investors. The 10-year Treasury yield neared a one-year high, and the dollar posted its strongest weekly gain in two months. Ether, Solana, and Cardano also declined.
POET Technologies Stock Is Down Today: Why the $400 Million Financing Hit POET After the Opening Bell

POET Technologies Stock Is Down Today: Why the $400 Million Financing Hit POET After the Opening Bell

15 May 2026
POET Technologies shares dropped 10.2% to $18.47 after announcing a $400 million direct offering of 19.05 million shares and warrants to a single investor. The deal, priced at $21 per share-plus-warrant, comes as the company reports a $50 million initial order from Lumilens but faces investor concerns over dilution, CFO succession, and execution risks tied to new AI optics production.
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