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.

Eli Lilly to Buy Kelonia for Up to $7 Billion in Bet on Next-Gen CAR-T Cancer Therapy

Eli Lilly to Buy Kelonia for Up to $7 Billion in Bet on Next-Gen CAR-T Cancer Therapy

Eli Lilly will acquire Kelonia Therapeutics for up to $7 billion, including $3.25 billion upfront, expanding into experimental cell therapies for blood cancer. Kelonia’s KLN-1010, in Phase 1 trials for multiple myeloma, uses in-body CAR-T technology. Lilly shares rose 2.5% after the announcement. The deal follows Lilly’s recent acquisitions as it seeks growth beyond obesity drugs.
20 April 2026
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Stock Market Today: S&P 500, Nasdaq, Dow Futures Fall as Oil Jumps and Iran Ceasefire Wobbles

Stock Market Today: S&P 500, Nasdaq, Dow Futures Fall as Oil Jumps and Iran Ceasefire Wobbles

U.S. stock futures dropped about 0.4% and Brent crude rose nearly 5% early Monday after Washington seized an Iranian cargo ship and Tehran halted new talks. Shipping through the Strait of Hormuz slowed sharply, with only three crossings in 12 hours, raising concerns over oil supply and inflation. European airline stocks fell 3–4%, while Exxon Mobil and Chevron gained about 1% in premarket trading.
20 April 2026
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QXO to Buy TopBuild for $17 Billion in Brad Jacobs’ Biggest Building-Products Push Yet

QXO to Buy TopBuild for $17 Billion in Brad Jacobs’ Biggest Building-Products Push Yet

QXO said Sunday it will acquire TopBuild for about $17 billion in cash and stock, offering TopBuild shareholders $505 per share or 20.2 QXO shares each, with a 45% cash and 55% stock mix. The deal values TopBuild at a 23% premium to Friday’s close. The combined company is expected to generate over $18 billion in revenue and close the transaction in the third quarter, pending shareholder approval.
19 April 2026
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Social Security 2027 COLA Forecast Holds at 2.8%, but Retirees May Get Less Relief Than They Hope

Social Security 2027 COLA Forecast Holds at 2.8%, but Retirees May Get Less Relief Than They Hope

An early forecast for Social Security’s 2027 cost-of-living adjustment held at 2.8%, matching this year’s increase, despite a jump in March inflation. The Senior Citizens League said this would add about $56.69 a month to the average retirement benefit. A rival analyst raised her estimate to 3.2% after the March data. The final COLA will be set in October using third-quarter inflation figures.
19 April 2026
Redwire Stock Faces Fresh Selling Pressure as Major Holders File New Sales After $20 Million Marine Corps Order

Redwire Stock Faces Fresh Selling Pressure as Major Holders File New Sales After $20 Million Marine Corps Order

Redwire Corp’s top shareholders filed to sell up to 5.18 million shares worth nearly $54 million over two days, following news of a $20 million Marine Corps drone order. The stock fell 7.84% Friday to $10.34. AE Red Holdings and Edge Autonomy Ultimate Holdings submitted separate Form 144 notices for the proposed sales. Redwire completed its Edge Autonomy acquisition in June 2025.
19 April 2026
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Buc-ee’s Port Lavaca Store to Close in Rare Move, Rebrand as 7-Eleven

Buc-ee’s Port Lavaca Store to Close in Rare Move, Rebrand as 7-Eleven

Buc-ee’s plans to close its Port Lavaca, Texas, store at 2318 W. Main St., with the site expected to reopen as a 7-Eleven featuring a Laredo Taco Company restaurant. City officials say no building permits have been filed and Buc-ee’s has not announced a timeline. The store opened in 2000 and is one of the chain’s smaller locations. Port Lavaca would gain its third 7-Eleven if the conversion proceeds.
19 April 2026
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Why Charles Hoskinson Says XRP Holders Get No Share of Ripple’s Success as Cardano Keeps XRP DeFi Plan Alive

Why Charles Hoskinson Says XRP Holders Get No Share of Ripple’s Success as Cardano Keeps XRP DeFi Plan Alive

Cardano founder Charles Hoskinson said XRP holders have no legal claim on Ripple’s expanding business ventures, highlighting a split between token value and company profits. Ripple has acquired prime broker Hidden Road for $1.25 billion and Swiss custody firm Metaco for $250 million, while launching new treasury software. XRP traded at $1.43 Sunday, ranking fourth by market value. Ripple holds most XRP in escrow and publishes quarterly reports.
19 April 2026
US Stock Market Week Ahead: Record S&P 500 Rally Faces Iran Risk, Tesla Earnings and Fed Hearing

US Stock Market Week Ahead: Record S&P 500 Rally Faces Iran Risk, Tesla Earnings and Fed Hearing

The S&P 500 and Nasdaq closed at record highs Friday, but the Strait of Hormuz remained shut Sunday after Iran reversed its reopening, with new U.S.-Iran talks set for Monday in Pakistan. Nearly one-fifth of S&P 500 companies report earnings this week, including Tesla, Boeing, and Intel. Two vessels came under fire in the Strait Saturday, and U.S. gasoline prices average $4.05 a gallon.
19 April 2026
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Psyence Biomedical in Spotlight After Trump’s Ibogaine Order Puts Supply Strategy to the Test

Psyence Biomedical in Spotlight After Trump’s Ibogaine Order Puts Supply Strategy to the Test

Psyence Biomedical shares jumped 29.5% to $7.60 after President Trump signed an order to accelerate research into psychedelic drugs, including ibogaine. The order offers faster FDA handling and $50 million in federal support but does not legalize ibogaine. Psyence, which supplies GMP-grade ibogaine, has no approved products and its lead drug is still in Phase IIb trials.
19 April 2026
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Medical Properties Trust, Inc. Faces Fresh Tenant Stress as Debt Maturities Loom

Medical Properties Trust, Inc. Faces Fresh Tenant Stress as Debt Maturities Loom

Medical Properties Trust closed Friday at $5.23, up 0.58%, as several hospitals tied to its new tenant base showed fresh signs of financial strain. The company faces $1.23 billion in debt maturing in 2026 and $1.6 billion in 2027. MPT says new operators are current on rent and still targets $1 billion in annualized cash rent by the end of 2026. Shareholders will meet May 28 in Birmingham.
19 April 2026
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Why Rolls-Royce Holdings Is Back in Focus: UK Nuclear Deal, Dividend Date and Fresh Share Momentum

Why Rolls-Royce Holdings Is Back in Focus: UK Nuclear Deal, Dividend Date and Fresh Share Momentum

Rolls-Royce shares jumped 4.8% Friday as UK defence stocks rallied, lifting the FTSE 100. The company goes ex-dividend April 23 and holds its AGM April 30 after announcing a £7–9 billion buyback and a 5 pence final 2025 dividend. Britain signed a contract with Rolls-Royce SMR to begin design work on the first UK small modular reactors. Rolls-Royce also reported German test benches now run on HVO fuel.
19 April 2026
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Interactive Brokers Earnings Preview: IBKR Faces a Crucial Test After Trading Surge

Interactive Brokers Earnings Preview: IBKR Faces a Crucial Test After Trading Surge

Interactive Brokers shares rose nearly 3% to $81.71 ahead of Tuesday’s first-quarter results, with analysts expecting earnings of about 60 cents per share. March saw daily average revenue trades up 25% year-on-year to 4.329 million, client accounts up 31%, and margin loans up 35% to $86 billion. However, DARTs and client equity slipped 1% and 4% from February. The company has expanded into crypto transfers and prediction markets.
19 April 2026
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Google’s Reported AI Chip Talks Put Marvell Technology in the Middle of the Custom AI Chip Race

Google’s Reported AI Chip Talks Put Marvell Technology in the Middle of the Custom AI Chip Race

Google is in talks with Marvell Technology to develop two new AI chips, including a memory processing unit and a new TPU for inference, The Information reported Sunday. Reuters could not immediately verify the report, and neither company responded to requests for comment. Marvell shares closed at $139.69 before the news surfaced. The companies reportedly aim to finalize the memory chip design next year.
19 April 2026
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AST SpaceMobile BlueBird 7 Enters Off-Nominal Orbit After Blue Origin Launch, Clouding 2026 Rollout

AST SpaceMobile BlueBird 7 Enters Off-Nominal Orbit After Blue Origin Launch, Clouding 2026 Rollout

AST SpaceMobile’s BlueBird 7 satellite entered an off-nominal orbit after launching on Blue Origin’s New Glenn rocket Sunday from Cape Canaveral. The satellite powered on, but its trajectory clouds AST’s 2026 network rollout plans. New Glenn’s reused booster landed successfully. BlueBird 7 is the second of AST’s next-generation satellites intended to deliver direct-to-device 4G and 5G broadband.
19 April 2026
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Why Definium Therapeutics’ LSD-Based Drug Has Wall Street Watching 2026

Why Definium Therapeutics’ LSD-Based Drug Has Wall Street Watching 2026

Definium Therapeutics shares rose to $22.68 after Stifel and Piper Sandler initiated coverage with Buy ratings, citing late-stage trials of DT120, an LSD-based tablet for anxiety and depression. The company will host an investor day April 22 in New York to discuss upcoming Phase 3 data. DT120 is in four pivotal studies, with top-line results expected through 2026. Johnson & Johnson and Compass Pathways are advancing rival clinic-based psychiatric drugs.
18 April 2026
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Why VICI Properties Stock Jumped Ahead of Earnings: The Casino REIT’s $1.5 Billion Question

Why VICI Properties Stock Jumped Ahead of Earnings: The Casino REIT’s $1.5 Billion Question

VICI Properties shares rose 2.15% to $29.01 Friday, outperforming the S&P 500 and Dow ahead of its April 29 earnings report. The company’s market value reached about $34.8 billion. Investors are focused on cash-flow guidance and VICI’s expanded $1.5 billion One Beverly Hills loan commitment. Volume was 8.7 million shares, below the 50-day average.
18 April 2026
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Grab Holdings Limited Stock Jumps Before Earnings as Buyback and Taiwan Deal Face a Hard Test

Grab Holdings Limited Stock Jumps Before Earnings as Buyback and Taiwan Deal Face a Hard Test

Grab Holdings shares climbed 4.7% to $4.21 on Nasdaq Friday, with 72.8 million shares traded. The company will report first-quarter results after U.S. markets close May 4. Grab agreed in March to buy Foodpanda Taiwan for $600 million, its first planned expansion outside Southeast Asia. The firm is also executing a $400 million share buyback program.
18 April 2026
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Stock Market Today

  • FTSE 100 Falls 1.7% on Oil Gains and UK Political Concerns
    May 15, 2026, 12:56 PM EDT. The FTSE 100 index dropped 177.56 points, or 1.7%, closing at 10,195.37 as rising oil prices and political uncertainty in Westminster weighed on investor sentiment. Oil price gains increased costs for many sectors, while political tensions cast doubt over UK's economic outlook, prompting a broad sell-off in equities.

Latest articles

Grab Stock Just Hit a Fresh 52-Week Low — Why Investors Still Aren’t Buying the Profit Beat

Grab Stock Just Hit a Fresh 52-Week Low — Why Investors Still Aren’t Buying the Profit Beat

15 May 2026
Grab Holdings shares hit a 52-week low of $3.46 in New York Friday, despite first-quarter revenue rising 24% to $955 million and profit reaching $120 million. Investors sold amid concerns over Indonesia’s new rule capping ride-hailing commissions at 8%, down from 20%. Grab said its Indonesian business model will need changes but downplayed the impact, noting two-wheel rides make up less than 6% of mobility volume.
Bitmine Stock Slides as Tom Lee’s $13.4 Billion Ethereum Bet Enters a New Test

Bitmine Stock Slides as Tom Lee’s $13.4 Billion Ethereum Bet Enters a New Test

15 May 2026
Bitmine Immersion Technologies shares dropped 7.7% Friday in New York as ether slid 3.4% to $2,221. Bitmine reported holding 5.2 million ETH, or 4.31% of supply, and plans to slow weekly ETH purchases. Peer Bit Digital said Q1 revenue fell 13.6% and ETH staking revenue dropped 29.4%. Polymarket traders put a 24% chance on Bitmine selling ETH in 2026.
Apple’s OpenAI Deal Hits Legal Turbulence Before WWDC AI Reveal

Apple’s OpenAI Deal Hits Legal Turbulence Before WWDC AI Reveal

15 May 2026
OpenAI is considering legal action against Apple after their ChatGPT-iPhone partnership failed to deliver deeper integration and subscription growth, sources told Reuters and the Financial Times. OpenAI’s lawyers are working with an outside firm on possible breach-of-contract steps. Apple is expected to detail more AI plans at WWDC, set for June 8-12. Apple shares rose about 1% Friday.
IREN Stock Drops After $3 Billion Debt Deal: Why Nvidia’s AI Bet Just Got More Expensive

IREN Stock Drops After $3 Billion Debt Deal: Why Nvidia’s AI Bet Just Got More Expensive

15 May 2026
IREN closed a $3.0 billion convertible senior notes sale to fund its shift from bitcoin mining to AI data centers. Shares fell $3.94 to $54.46 late Friday morning after the announcement. The offering follows a $3.4 billion AI cloud contract and a 5GW infrastructure partnership with Nvidia. IREN reported a wider net loss of $247.8 million for the March quarter as it decommissioned mining hardware.
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