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.

Delta Air Lines Pulls Los Angeles-Anchorage Flights as Fuel Costs Surge, Anchorage Delays Hit Alaska Travel

Delta Air Lines Pulls Los Angeles-Anchorage Flights as Fuel Costs Surge, Anchorage Delays Hit Alaska Travel

Delta Air Lines has canceled its planned nonstop Los Angeles-Anchorage summer flights amid soaring jet fuel prices, aviation sources said. Anchorage airport warned of delays from slush and deicing, with inbound flights delayed an average of 36 minutes. Hawaiian Airlines still lists nonstop service, while Delta and United offer one-stop routes. Delta’s CEO said fuel costs added $400 million to March expenses.
6 April 2026
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Plug Power Stock Rises as Quebec Contract Puts 2026 Turnaround Back in Focus

Plug Power Stock Rises as Quebec Contract Puts 2026 Turnaround Back in Focus

Plug Power shares rose about 1.5% in premarket trading Monday after announcing a major electrolyzer contract for Hy2gen Canada’s Courant project in Quebec. The company will supply a 275-megawatt GenEco system to produce low-carbon ammonia. Plug ended 2025 with $368.5 million in cash and reported a $1.63 billion net loss on $710 million in revenue. The Quebec award still carries execution and liquidity risks, the company said.
6 April 2026
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Deere Stock Back in Focus as Tarter USA Deal Brings U.S.-Made Frontier Cutters to Market

Deere Stock Back in Focus as Tarter USA Deal Brings U.S.-Made Frontier Cutters to Market

Deere and Tarter USA have begun selling 10- and 12-foot Frontier flex-wing rotary cutters built in Liberty, Kentucky. Initial dealer orders surpassed first-year forecasts, creating 26 jobs. Deere shares traded at $575.71, up 0.8%, as investors weighed the new product line amid weak crop prices and high machinery costs. The cutters target farmers holding off on large equipment but still buying implements.
6 April 2026
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Nokia Stock Near High Ahead of AGM as Board Change, Buyback Powers and AI Push Come Into Focus

Nokia Stock Near High Ahead of AGM as Board Change, Buyback Powers and AI Push Come Into Focus

Nokia’s U.S. shares closed unchanged at $8.82 ahead of Thursday’s annual meeting, where shareholders will vote on a new chair, board member, and capital return plans. The meeting comes before first-quarter results on April 23, with CEO Justin Hotard warning of weaker sales outside patent licensing. Nokia recently announced a major 5G deal with Virgin Media O2 in the UK. Analyst ratings have improved, but expectations remain cautious.
6 April 2026
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SpaceX IPO Buzz Puts Rocket Lab, Planet Labs and 3 Other Space Stocks in Focus

SpaceX IPO Buzz Puts Rocket Lab, Planet Labs and 3 Other Space Stocks in Focus

Planet Labs jumped 16.9% in premarket trading Monday, leading gains among U.S.-listed space stocks as investors sought public alternatives to SpaceX ahead of its expected IPO. Rocket Lab rose 3.3%, Viasat 18.7%, BlackSky 11.5%, and Redwire 7.2%. SpaceX’s confidential IPO filing and talks with Saudi Arabia’s Public Investment Fund have intensified focus on sector peers.
6 April 2026
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Sensex Jumps 787 Points, Nifty Near 23,000 as Iran Ceasefire Hopes Lift Indian Stocks

Sensex Jumps 787 Points, Nifty Near 23,000 as Iran Ceasefire Hopes Lift Indian Stocks

Indian shares rebounded over 1% Monday, with the Sensex closing up 787 points at 74,106.85 and the Nifty 50 gaining 255 to 22,968.25, after reports of a U.S.-Iran ceasefire framework sent Brent crude down to $107 a barrel. Banks and consumer stocks led gains, while Reliance Industries dropped 3.4% after a diesel export tax hit refining margins. The rupee strengthened 33 paise to 92.85 per dollar.
6 April 2026
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Strait of Hormuz Crisis Hits Asia Hard as Fuel Rationing Spreads and Renewables Gain

Strait of Hormuz Crisis Hits Asia Hard as Fuel Rationing Spreads and Renewables Gain

Asian governments expanded emergency measures Monday as Strait of Hormuz disruption kept fuel and transport costs high. India cut fuel taxes and rationed gas, while Pakistan, Bangladesh, and Sri Lanka imposed new restrictions to conserve supplies. U.S. fuel exports to Asia more than doubled in March, with WTI crude spot premiums jumping to $30–$40 a barrel above benchmarks. China increased LNG re-exports as domestic demand stayed weak.
6 April 2026
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Intel Stock Jumps as KeyBanc Sees Tight AI Server Chip Supply

Intel Stock Jumps as KeyBanc Sees Tight AI Server Chip Supply

Intel shares jumped 4.9% to $50.38 after KeyBanc raised its price target to $70, citing tighter supply and higher chip prices. The move follows Intel’s $14.2 billion buyback of Apollo’s stake in its Irish Fab 34 venture. First-quarter results are due April 23. Analysts warn that low yields from Intel’s new 18A chip process could pressure margins as the company takes on new debt.
6 April 2026
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Nvidia News: Foxconn Sales Jump Signals AI Server Demand as China Pressure Builds

Nvidia News: Foxconn Sales Jump Signals AI Server Demand as China Pressure Builds

Foxconn reported first-quarter revenue up 29.7% year-on-year, citing strong demand for AI products, with March revenue hitting a monthly record. Nvidia, its largest server client, has forecast $78 billion in Q1 revenue, excluding China data-center sales. Samsung and Broadcom also signaled surging AI-related demand. Chinese firms continue to shift to domestic chips amid ongoing market constraints.
6 April 2026
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Stock Market Today: Dow Futures Edge Up, Oil Swings as Trump’s Iran Threats Keep Wall Street on Edge

Stock Market Today: Dow Futures Edge Up, Oil Swings as Trump’s Iran Threats Keep Wall Street on Edge

U.S. stock futures rose slightly Monday while oil prices slipped, as traders watched cease-fire talks in the Iran conflict and President Trump’s threats to Tehran. S&P 500 futures gained 0.3%, Brent crude hovered near $108 a barrel, and Exxon Mobil shares fell 1.3% premarket. Citigroup pushed its forecast for a Fed rate cut to September after strong jobs data. Iran has refused to reopen the Strait of Hormuz under a truce, keeping oil markets tense.
6 April 2026
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Wall Street Recovers After Iran Oil Shock, but Hormuz Hopes Now Face a CPI Test

Wall Street Recovers After Iran Oil Shock, but Hormuz Hopes Now Face a CPI Test

U.S. crude surged to $111.54 a barrel Thursday, its biggest daily jump since 2020, after President Trump vowed intensified attacks on Iran. The S&P 500 rose 0.1% and the Nasdaq 0.2%, while United Airlines and Carnival fell over 3% and Tesla dropped 5.4%. Gasoline prices topped $4 a gallon nationwide. Traders watched for updates on the Strait of Hormuz, which remains closed.
3 April 2026
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Nokia Shares Jump After Virgin Media O2 5G Deal as Investors Eye 2026 Growth

Nokia Shares Jump After Virgin Media O2 5G Deal as Investors Eye 2026 Growth

Nokia’s U.S. shares jumped 6.65% after it announced a multi-year 5G contract with Virgin Media O2, part of a network upgrade worth hundreds of millions of pounds. Ericsson will serve as Virgin Media O2’s primary radio access network partner, securing the largest share of the project. Nokia will supply radio and baseband equipment and expand automation and AI-led features. Virgin Media O2’s 5G network now covers 87% of the UK population.
3 April 2026
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Intel to Pay $14.2 Billion to Reclaim Ireland Fab Stake From Apollo as Stock Jumps

Intel to Pay $14.2 Billion to Reclaim Ireland Fab Stake From Apollo as Stock Jumps

Intel will pay $14.2 billion to buy back Apollo Global Management’s 49% stake in its Fab 34 plant in Leixlip, Ireland, regaining full ownership. The deal comes as demand rises for server CPUs and ahead of Intel’s first-quarter results on April 23. Intel shares rose 4.9% Thursday after an 8.8% jump the previous day. The company will fund the buyback with cash and $6.5 billion in new debt.
3 April 2026
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Nvidia Brings Google’s Gemma 4 to PCs and Edge Devices as AI Moves Beyond the Cloud

Nvidia Brings Google’s Gemma 4 to PCs and Edge Devices as AI Moves Beyond the Cloud

Nvidia announced it has optimized Google’s new Gemma 4 AI models to run on its RTX PCs, DGX Spark systems, and Jetson modules. Google said Gemma 4, released under an Apache 2.0 license, includes four model sizes and supports over 140 languages, with larger versions able to run on a single Nvidia H100 GPU. Nvidia’s data-center sales reached $62.3 billion last quarter. Competitors are increasing efforts in AI inference chips.
3 April 2026
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Oil Price Shock Deepens as Dated Brent Hits 2008 High and Iran War Chokes Hormuz

Oil Price Shock Deepens as Dated Brent Hits 2008 High and Iran War Chokes Hormuz

Dated Brent crude jumped to $141.37 a barrel Thursday, its highest since 2008, as the Strait of Hormuz remains blocked with no agreement to restore shipping. U.S. gasoline prices are projected to reach $4.25–$4.45 per gallon next week and could top $5 if the disruption continues. Pakistan raised fuel prices sharply, and Europe is considering rationing. WTI closed above Brent for the first time since May 2022.
3 April 2026
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Ambev S.A. Gets February Lift From Brazil Beer Data as April Vote on Payout, Capital Increase Nears

Ambev S.A. Gets February Lift From Brazil Beer Data as April Vote on Payout, Capital Increase Nears

Brazil’s beverages output rose 6.2% in February, with Ambev’s beer volumes showing signs of recovery, according to IBGE and broker notes. Analysts warned inventory buildup could trigger a production correction in March. Ambev called a digital shareholder meeting for April 30 and proposed R$10.90 billion in 2025 profit for dividends and interest on capital. Grupo Petropolis’ output fell 6.2% in early 2026, XP said.
3 April 2026
MARA Holdings Stock Jumps as Bitcoin Sale Cuts Debt and Sharpens AI Push

MARA Holdings Stock Jumps as Bitcoin Sale Cuts Debt and Sharpens AI Push

MARA Holdings shares jumped about 8% Thursday after the company disclosed it sold 15,133 bitcoin for $1.1 billion to repurchase $1 billion in convertible notes at a discount. The move is expected to cut MARA’s outstanding convertible debt by about 30%. The company is also shifting some mining sites to AI-focused data centers through a joint venture with Starwood Digital Ventures. Bitcoin traded near $66,932, down almost 2%.
3 April 2026
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Whitmer Declares Michigan Energy Emergency to Cut Gas Prices Near $4

Whitmer Declares Michigan Energy Emergency to Cut Gas Prices Near $4

Michigan Gov. Gretchen Whitmer declared a state of energy emergency Thursday, suspending stricter summer gasoline rules in eight southeast counties after average gas prices rose to $3.89 a gallon, up nearly a dollar from a month ago. The order allows continued sale of a cheaper fuel blend through July 1, affecting about 5 million residents in the Detroit area.
3 April 2026
Bitmine Immersion Technologies (BMNR) Stock Falls Even as ETH Holdings Reach 4.73 Million Tokens

Bitmine Immersion Technologies (BMNR) Stock Falls Even as ETH Holdings Reach 4.73 Million Tokens

Bitmine Immersion Technologies shares dropped 1% to $19.45 Thursday despite reporting $10.7 billion in crypto, cash, and related holdings, with 4.73 million ether as of March 29. Ether fell 4% to $2,066. Bitmine said 3.1 million ether was staked, valued at $6.3 billion, and annualized staking revenue reached $177 million. The company recently launched its own staking platform and acquired Australia’s Pier Two.
2 April 2026
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SoFi launches Big Business Banking ahead of Q1 results, widening 24/7 dollar-and-crypto push

SoFi launches Big Business Banking ahead of Q1 results, widening 24/7 dollar-and-crypto push

SoFi Technologies launched Big Business Banking, a platform for managing dollars and stablecoins, sending shares up 1.5% to $15.85 on Thursday. Initial clients include Mastercard and major crypto firms. The move comes weeks before SoFi's Q1 results and follows recent crypto product rollouts. Muddy Waters last month alleged SoFi has unrecorded debt; SoFi disputes the claim.
2 April 2026
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Stock Market Today

  • W. R. Berkley (WRB) Shows 45.9% Undervaluation Despite Recent Price Stability
    May 15, 2026, 7:55 PM EDT. W. R. Berkley (WRB) stock has shown limited movement recently with a 1.2% gain over 7 days and a 4.2% decline year-to-date. Analysts use valuation methods like Excess Returns, which estimates intrinsic value by calculating profits above shareholder required returns. With an intrinsic value estimate of $122.79 against a current price near $66.45, the stock appears 45.9% undervalued. The insurer's steady underwriting profile and capital discipline contrast with sector concerns on insurance pricing and interest rate sensitivity. WRB currently scores 2 out of 6 on valuation metrics, highlighting potential but raising caution.

Latest articles

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.
NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

16 May 2026
NextNRG reported first-quarter revenue of $21.1 million, up 29% from a year earlier, but its net loss widened to $10.8 million. Cash fell to $208,048 at quarter-end, and management warned it needs immediate capital to continue operations. Shares closed at $0.2804 on Nasdaq, down nearly 6%. Total liabilities reached $34.3 million, with a stockholders’ deficit of $22 million.
HCW Biologics jumps 262% after Trimmune deal, Q1 profit, Nasdaq risk update

HCW Biologics jumps 262% after Trimmune deal, Q1 profit, Nasdaq risk update

16 May 2026
HCW Biologics shares jumped 262% to $1.22 Friday after the company posted a $3.47 million first-quarter profit, driven by a $6.5 million licensing deal with Beijing Trimmune Biotech. The company faces a possible Nasdaq delisting and will ask shareholders to approve a reverse stock split on June 15. HCW plans to report early Phase 1 data for its alopecia drug in the first half of 2026.
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