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.

GameStop Stock Jumps Again: Why GME Is Back Above $25 And What Could Break The Rally

GameStop Stock Jumps Again: Why GME Is Back Above $25 And What Could Break The Rally

GameStop shares rose about 4.2% to near $25.49 in midday New York trading Wednesday, with volume topping 5.3 million shares after a short Xbox and PlayStation trade-in promotion and renewed speculation about CEO Ryan Cohen’s acquisition plans. Cohen told CNBC he wants GameStop to buy a much larger public consumer company but did not name a target. GameStop’s cash and securities rose to $9 billion last quarter as net sales fell.
22 April 2026
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RTX Raises 2026 Outlook on Missile Demand and Jet-Service Strength, but Stock Slides Again

RTX Raises 2026 Outlook on Missile Demand and Jet-Service Strength, but Stock Slides Again

RTX raised its 2026 adjusted EPS guidance to $6.70-$6.90 and sales outlook to $92.5-$93.5 billion after first-quarter revenue rose 9% and adjusted EPS climbed 21%. Raytheon missile programs and Pratt & Whitney’s aftermarket work drove gains; backlog reached $271 billion. Shares fell about 2.5% Wednesday morning after a 4.4% drop Tuesday. First-quarter sales totaled $22.08 billion, up from $20.31 billion a year ago.
22 April 2026
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Vanguard ETF Splits Take Effect: What Lower Prices for VGT, VUG, MGK, VOOG and VO Mean Now

Vanguard ETF Splits Take Effect: What Lower Prices for VGT, VUG, MGK, VOOG and VO Mean Now

Vanguard’s five planned ETF share splits took effect, dropping prices for VGT to $102.24, VUG to $82.59, MGK to $83.55, VOOG to $77.16, and VO to $76.68 by Wednesday morning in New York. The splits do not affect portfolio composition or investor value. Fund assets as of March 31 totaled $317.8 billion for VUG and $198.3 billion for VO. Vanguard says splits aim to improve trading by lowering share prices.
22 April 2026
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Trump Administration Nears $500 Million Spirit Rescue as American Rejects United Merger (Bloomberg)

Trump Administration Nears $500 Million Spirit Rescue as American Rejects United Merger (Bloomberg)

The Trump administration is close to a deal to lend Spirit Airlines up to $500 million, with Washington set to receive warrants for future shares, according to Bloomberg and The Wall Street Journal. The rescue, not yet finalized, would be a rare federal intervention in a single airline. Spirit sought emergency aid after fuel prices doubled its costs, threatening its bankruptcy exit plan. The White House opposes a United-American merger.
22 April 2026
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Opendoor Technologies Stock Keeps Climbing as Earnings Test Looms

Opendoor Technologies Stock Keeps Climbing as Earnings Test Looms

Opendoor Technologies shares rose 0.8% to $5.50 Wednesday morning, continuing a rebound ahead of first-quarter results due May 7. The stock is up from $4.51 on April 14. The company will replace its usual earnings call with a video "Financial Open House" for live shareholder questions. Wall Street remains divided on Opendoor's path to profitability as investors watch for improved unit economics.
22 April 2026
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Indian Stock Market Today: Sensex, Nifty 50 Slide as HCLTech Sparks IT Selloff; 24,000 in Focus

Indian Stock Market Today: Sensex, Nifty 50 Slide as HCLTech Sparks IT Selloff; 24,000 in Focus

HCLTech shares plunged 10.7% Wednesday after a weak growth forecast, dragging the Nifty 50 down 0.81% to 24,378.10 and the Sensex 0.95% lower. Infosys and Tata Consultancy Services also fell sharply, pulling the Nifty IT index down 3.9%. Small- and mid-cap stocks rose, but financials slipped. Traders are watching whether banks can keep the Nifty 50 above 24,000 amid volatile oil prices and Middle East tensions.
22 April 2026
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United Airlines CEO Sidesteps American Airlines Merger Talk as Trump Opposes Deal, Signals Support for Spirit

United Airlines CEO Sidesteps American Airlines Merger Talk as Trump Opposes Deal, Signals Support for Spirit

United Airlines CEO Scott Kirby declined to confirm interest in acquiring American Airlines, keeping merger speculation active after President Trump voiced opposition. United cut its 2026 outlook as jet-fuel costs rise amid the Iran conflict, but reported $14.6 billion in first-quarter revenue. American rejected merger talks, citing competition concerns. A combined carrier would control about 40% of U.S. domestic flying capacity.
22 April 2026
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Boeing Q1 2026 Earnings Beat as 143 Jet Deliveries Cut Losses, but Cash Burn Still Weighs

Boeing Q1 2026 Earnings Beat as 143 Jet Deliveries Cut Losses, but Cash Burn Still Weighs

Boeing posted a first-quarter net loss of $7 million, far smaller than analysts’ forecasts, as revenue rose 14% to $22.2 billion on stronger jet deliveries. Free cash flow remained negative at $1.5 billion, but improved from last year. Commercial airplanes delivered 143 jets, outpacing Airbus, but the unit still lost $563 million. Total backlog reached a record $695 billion, with defense and services offsetting some losses.
22 April 2026
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Why Strategy Stock (MSTR) Is Outpacing Bitcoin Again After a $2.54 Billion Buy

Why Strategy Stock (MSTR) Is Outpacing Bitcoin Again After a $2.54 Billion Buy

Strategy, formerly MicroStrategy, bought 34,164 bitcoin for $2.54 billion in the week ended April 19, raising its total to 815,061 coins. The company funded the purchase by selling $2.54 billion in securities, including 21.8 million STRC preferred shares. Strategy’s latest acquisition puts its bitcoin holdings ahead of BlackRock’s IBIT. Shares were down 4% premarket Wednesday but had risen nearly 37% in April.
22 April 2026
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SoundHound AI Stock Rebounds After $43 Million LivePerson Deal as Investors Reassess the Selloff

SoundHound AI Stock Rebounds After $43 Million LivePerson Deal as Investors Reassess the Selloff

SoundHound AI shares rose 3.8% in premarket trading after announcing a $43 million all-stock deal to acquire LivePerson. The merger would unite 25 Fortune 100 customers and a network handling 1 billion messages monthly. SoundHound expects the combined company to be debt-free at closing and forecasts 2027 revenue of at least $350 million. The deal requires LivePerson shareholder and regulatory approvals.
22 April 2026
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AT&T Earnings Beat as Meritage, TD Waterhouse and Zurcher Stake Cuts Resurface

AT&T Earnings Beat as Meritage, TD Waterhouse and Zurcher Stake Cuts Resurface

AT&T added 294,000 postpaid wireless subscribers in the first quarter, beating forecasts, and reported a 2.9% revenue rise to $31.5 billion. The company maintained its 2026 outlook. Recent reports of institutional stake cuts were based on year-end 2023 data, before AT&T’s Lumen fiber deal and latest earnings. Free cash flow dropped to $2.5 billion as capital spending increased.
22 April 2026
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Best Buy CEO Corie Barry to Step Down, Jason Bonfig Named Successor as Sales Stay Sluggish

Best Buy CEO Corie Barry to Step Down, Jason Bonfig Named Successor as Sales Stay Sluggish

Best Buy said CEO Corie Barry will step down Oct. 31, with Jason Bonfig, chief customer, product and fulfillment officer, taking over Nov. 1 and joining the board. The move comes as Best Buy faces sluggish sales; fourth-quarter comparable sales fell 0.8%. Barry will remain as a strategic adviser for six months. Bonfig, with Best Buy since 1999, currently oversees merchandising, e-commerce, and supply chain.
22 April 2026
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Why POET Technologies Stock Is Soaring Again After PFIC Tax Fix and Marvell Order Talk

Why POET Technologies Stock Is Soaring Again After PFIC Tax Fix and Marvell Order Talk

POET Technologies shares jumped 19.3% to $10.25 Tuesday, extending Monday’s 18.3% gain after management addressed tax concerns raised by a short-seller. CFO Thomas Mika said POET does not expect to qualify as a PFIC in 2026 and confirmed a purchase order tied to Marvell. The company reported $341,202 in Q4 revenue and a $42.7 million net loss. POET targets second-quarter sampling of its 1.6T module with Lessengers.
22 April 2026
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GE Vernova Lifts 2026 Forecast as AI Data-Center Power Demand Drives Orders

GE Vernova Lifts 2026 Forecast as AI Data-Center Power Demand Drives Orders

GE Vernova raised its 2026 revenue forecast to $44.5–$45.5 billion after first-quarter orders surged to $18.3 billion, driven by data center demand. Revenue climbed 16% to $9.34 billion, while net income hit $4.75 billion, boosted by $4.5 billion in M&A gains. The electrification unit booked $2.4 billion in data center orders, surpassing last year’s total. Wind unit revenue dropped 23%, posting a $382 million EBITDA loss.
22 April 2026
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Vertiv Q1 Earnings Beat, 2026 Outlook Raised, but Shares Slip as AI Data Center Bar Stays High

Vertiv Q1 Earnings Beat, 2026 Outlook Raised, but Shares Slip as AI Data Center Bar Stays High

Vertiv reported first-quarter net sales up 30% to $2.65 billion and raised its 2026 outlook, citing strong AI data center demand. Adjusted earnings reached $1.17 a share, beating estimates, but shares fell premarket as the second-quarter forecast matched analyst targets. Americas core growth was 44%, while EMEA sales dropped 20.3%. Full-year sales guidance increased to $13.5–$14.0 billion.
22 April 2026
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Hims & Hers Stock Slides as Amazon Enters the GLP-1 Weight-Loss Race

Hims & Hers Stock Slides as Amazon Enters the GLP-1 Weight-Loss Race

Hims & Hers Health shares fell 1.6% to $30.52 Tuesday after Amazon launched a GLP-1 weight-management program through One Medical, intensifying competition in telehealth weight loss. Amazon said its program will offer same-day pharmacy delivery in nearly 3,000 cities and 24/7 prescription renewals. Eli Lilly and Novo Nordisk shares also declined. Hims is shifting away from compounded GLP-1s toward branded, FDA-approved drugs.
21 April 2026
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Nokia Q1 Earnings Preview: AI Push Meets North America Test

Nokia Q1 Earnings Preview: AI Push Meets North America Test

Nokia will report first-quarter results Thursday, with analysts expecting €253 million in adjusted operating profit on €4.56 billion in sales. The company will debut a new reporting structure with expanded segment detail. Consensus sees adjusted EPS at €0.04, up from €0.03 a year ago. Recent deals with TIM Brasil, Deutsche Telekom, and Orange highlight Nokia’s push into AI-driven network infrastructure.
21 April 2026
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Stock Market Today

  • Morgan Stanley Lowers DraftKings Price Target to $39 but Stays Bullish
    May 15, 2026, 11:36 AM EDT. Morgan Stanley analyst Stephen Grambling cut DraftKings' price target to $39 from $40, citing increased spending on prediction markets that weighs on near-term profit forecasts. The price target still implies around 60% upside from the May 12 close of $24.61. Despite adjusted 2026 and 2027 EBITDA estimates setback due to marketing costs, Morgan Stanley upgraded revenue projections to $6.94 billion for 2026 and $8.03 billion for 2027. The firm highlights DraftKings' emerging prediction markets, which reached an annualized $1 billion in volume in April without heavy promotion, as a significant long-term growth driver amid ongoing iGaming and sports betting legalization developments.

Latest articles

Tesla Stock Drops Today as China FSD Hopes Stall After Trump-Xi Summit

Tesla Stock Drops Today as China FSD Hopes Stall After Trump-Xi Summit

15 May 2026
Tesla shares dropped 3.7% Friday after President Trump left Beijing without securing Chinese approval for the company’s Full Self-Driving software. U.S. executives, including Elon Musk, departed the summit with little clarity on regulatory gains. Tesla’s China-made EV sales rose 36% in April, but analysts warn delays in FSD approval and competition from local rivals could limit growth.
Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

15 May 2026
Mind Robotics, spun out of Rivian, raised $400 million in a round led by Kleiner Perkins, valuing the company at $3.4 billion. The startup uses production data from Rivian’s factories to train industrial robots. Rivian shares traded at $13.96, down 56.5 cents, with a market value of $17.4 billion. Rivian began deliveries of its R2 SUV, targeting 62,000 to 67,000 units in 2026.
Micron Stock Slides as Samsung Strike Threat Tests the AI Memory Boom

Micron Stock Slides as Samsung Strike Threat Tests the AI Memory Boom

15 May 2026
Micron shares fell 5.2% to $735.74 Friday morning, cutting its market value to $838 billion, as investors reacted to profit-taking and a possible 18-day strike at Samsung’s South Korean plants. Bank of America raised Micron’s price target to $950 this week, citing AI-driven memory demand. Samsung’s union said the strike will start May 21. Samsung shares dropped as much as 9.3% on supply concerns.
Plug Power Stock Drops Again: The $5 Billion Hydrogen Turnaround Faces Its Cash Test

Plug Power Stock Drops Again: The $5 Billion Hydrogen Turnaround Faces Its Cash Test

15 May 2026
Plug Power shares fell 1.7% to $3.725 in early Nasdaq trading Friday, following a volatile week after first-quarter results. The company reported a 22% revenue increase to $163.5 million and improved gross margin, but its net loss widened to $245.3 million and operating cash use rose to $150 million. Plug ended March with $802 million in cash and expects $142 million from a hydrogen asset sale in June.
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