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.

Apellis Pharmaceuticals Stock Nears Biogen’s $5.6 Billion Bid for Syfovre and Empaveli

Apellis Pharmaceuticals Stock Nears Biogen’s $5.6 Billion Bid for Syfovre and Empaveli

Biogen agreed to buy Apellis Pharmaceuticals for $5.6 billion, offering $41 per share in cash plus sales-based rights tied to the eye drug Syfovre. Apellis shares traded at $40.23 after the announcement. The deal includes a contingent value right worth up to $4 if Syfovre hits certain sales milestones. Apellis’ board and key shareholders, holding 14%, backed the offer, which is expected to close in the second quarter.
1 April 2026
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Nio March Deliveries Jump 136% as EV Maker Beats Q1 Goal, Firefly Posts Strong Month

Nio March Deliveries Jump 136% as EV Maker Beats Q1 Goal, Firefly Posts Strong Month

Nio delivered 35,486 vehicles in March, up 136% year-on-year, and 83,465 in the first quarter, slightly above its forecast. The main Nio brand accounted for most sales, with Firefly reaching 6,119 units and surpassing 50,000 cumulative deliveries. Nio’s March total trailed Li Auto and Leapmotor but topped Xpeng. The company plans several model launches in April and May.
1 April 2026
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Intel Sets April 23 Q1 Earnings Date, With 18A Yields and AI Data-Center Demand in Focus

Intel Sets April 23 Q1 Earnings Date, With 18A Yields and AI Data-Center Demand in Focus

Intel will report first-quarter results after market close on April 23 and hold a 2 p.m. PT call. The company previously forecast revenue of $11.7 billion to $12.7 billion and break-even adjusted earnings per share, below analysts’ expectations. Investors are watching for updates on server-chip supply, 18A manufacturing yields, and foundry business progress. Supply constraints and AI-related demand remain key issues.
1 April 2026
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Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap Inc. shares rose 14% to $4.60 Tuesday after Irenic Capital disclosed a 2.5% stake and called for cost cuts, a sharper AI strategy, and a review of the Specs smart-glasses unit. Irenic urged Snap to give Class A shareholders more voting power and said Specs should be spun off or shut. Snap reported Q4 revenue of $1.72 billion and net income of $45 million, but its Q1 outlook missed expectations.
1 April 2026
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Dow Jumps 1,100 Points on Iran Exit Hopes, but Wall Street Still Closes Its Worst Quarter Since 2022

Dow Jumps 1,100 Points on Iran Exit Hopes, but Wall Street Still Closes Its Worst Quarter Since 2022

U.S. stock futures climbed early Wednesday after Wall Street’s biggest one-day rally in nearly a year, driven by President Trump’s signal that the Iran war could end within weeks. The Dow surged 1,125 points Tuesday, with tech stocks leading gains. S&P 500 and Dow still closed the quarter with their steepest losses since 2022. European and Asian markets also advanced.
1 April 2026
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Fidelity to Close Eight Canada Funds as Freedom 2045, 2015 Beat Benchmarks in Q4

Fidelity to Close Eight Canada Funds as Freedom 2045, 2015 Beat Benchmarks in Q4

Fidelity Investments Canada will close eight funds, with most terminations expected around July 24. The closures include several high-income ETFs and funds, plus two corporate-class funds pending securityholder approval in June. The affected products are already closed to new investors. Separately, Fidelity’s Freedom 2045 and 2015 funds outperformed their benchmarks in late 2025.
1 April 2026
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NVIDIA Corporation Bets $2 Billion on Marvell as Custom AI Chip Race Heats Up

NVIDIA Corporation Bets $2 Billion on Marvell as Custom AI Chip Race Heats Up

Nvidia invested $2 billion in Marvell Technology and expanded their partnership to integrate Marvell’s custom AI chips and networking with Nvidia systems. Marvell shares jumped 7% and Nvidia rose 2.7% after the announcement. The deal includes collaboration on custom processors and silicon photonics for faster, lower-power data transfer. Major tech firms are expected to spend at least $630 billion on AI infrastructure this year.
1 April 2026
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Tesla Stock Jumps, but Q1 Deliveries Are the Real Test for Elon Musk’s EV Maker

Tesla Stock Jumps, but Q1 Deliveries Are the Real Test for Elon Musk’s EV Maker

Tesla shares climbed 4.6% Tuesday as Wall Street rebounded, but the stock ended the quarter down over 20%. Analysts expect Tesla’s quarterly vehicle deliveries to fall from the previous quarter, with consensus at 365,645. Tesla lost its global EV sales lead to BYD in 2025 and faces slowing growth forecasts. Europe remains tough, with BYD nearly matching Tesla’s market share in February.
1 April 2026
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Bitmine Immersion Technologies stock jumps after 71,179 ether buy, Pier Two deal

Bitmine Immersion Technologies stock jumps after 71,179 ether buy, Pier Two deal

Bitmine Immersion Technologies shares rose 8% Tuesday after it disclosed buying 71,179 ether last week, raising its holdings to 4.73 million tokens. The company said 66% of its ether is already staked, generating $177 million in annualized staking revenue. Bitmine also completed the acquisition of Australian staking firm Pier Two. Ether traded at $2,103.20, above Bitmine’s last reported valuation.
1 April 2026
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NVIDIA Corporation Puts $2 Billion Into Marvell as AI Chip Race Turns to Custom Designs

NVIDIA Corporation Puts $2 Billion Into Marvell as AI Chip Race Turns to Custom Designs

Nvidia invested $2 billion in Marvell Technology and expanded a partnership to integrate Marvell’s custom AI chips and networking with Nvidia systems. Nvidia shares rose 5.6%, Marvell jumped 12.8%. Marvell will supply processors compatible with Nvidia’s NVLink Fusion and collaborate on silicon photonics. The agreement follows a period of volatility for Nvidia’s stock and rising competition in AI chips.
31 March 2026
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RH Stock Tumbles After Revenue Miss, Weak Q1 Outlook Clouds Luxury Expansion Push

RH Stock Tumbles After Revenue Miss, Weak Q1 Outlook Clouds Luxury Expansion Push

RH shares fell sharply in after-hours trading Tuesday after the company missed fourth-quarter revenue and earnings estimates, reporting $842.6 million in revenue and $1.53 per share in adjusted earnings. The retailer warned first-quarter sales would decline 2% to 4%. RH cited $30 million in tariff-related impacts and $10 million from weather disruptions. The stock dropped from $139.98 to $114.07 after the report.
31 March 2026
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Nike Q3 Earnings Beat Estimates as Turnaround Gains Traction, but China and Tariffs Still Hurt

Nike Q3 Earnings Beat Estimates as Turnaround Gains Traction, but China and Tariffs Still Hurt

Nike reported flat third-quarter revenue at $11.28 billion, beating Wall Street estimates, but net income fell 35% to $520 million. Sales to retail partners rose 5%, offsetting a 4% drop in Nike Direct, while Greater China revenue slid 7%. Gross margin dropped to 40.2% due to higher North America tariffs. CEO Elliott Hill faces continued pressure as the company works to regain investor confidence.
31 March 2026
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Wall Street Rebounds, but VIX Warning Still Flashes on Iran Relief Hopes

Wall Street Rebounds, but VIX Warning Still Flashes on Iran Relief Hopes

Nvidia invested $2 billion in Marvell Technology and expanded their AI chip partnership, sending Marvell shares up over 12% and Nvidia up 5.5% Tuesday afternoon. Marvell’s custom AI chips and networking gear will integrate with Nvidia’s NVLink Fusion platform. The companies will also collaborate on silicon photonics and AI-RAN for next-generation networks. Marvell traded at $99.06 and Nvidia at $174.23 by 12:55 p.m. PDT.
31 March 2026
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Apple Stock (AAPL) Gets Rare Barclays Sell as Soft iPhone Demand, AI Doubts Split Wall Street

Apple Stock (AAPL) Gets Rare Barclays Sell as Soft iPhone Demand, AI Doubts Split Wall Street

Barclays reiterated a Sell rating on Apple with a $248 price target, citing soft iPhone unit trends, even as Apple shares rose 2.8% to $253.65 Tuesday. The stock remains about 6% below its Jan. 2 close. Apple is testing new Siri features and saw China smartphone sales rise 23% in early 2026. Bulls cite stronger China demand, while bears warn AI upgrades may not drive a major replacement cycle.
31 March 2026
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Mortgage Rates Today: 30-Year Fixed Hovers Near Six-Month High as Spring Buyers Face Fresh Pressure

Mortgage Rates Today: 30-Year Fixed Hovers Near Six-Month High as Spring Buyers Face Fresh Pressure

U.S. 30-year mortgage rates held in the mid-6% range Tuesday, with Zillow at 6.25%, Bankrate at 6.61%, and Freddie Mac’s weekly benchmark at 6.38%. Bankrate’s Mortgage Rate Variability Index hit 8 out of 10, signaling wide gaps between lender offers. January single-family home prices rose 0.1% from December. The 10-year Treasury yield neared 4.5% last week.
31 March 2026
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Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures

Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures

European natural gas prices fell 2.5% Tuesday, with the Dutch TTF contract at 53.55 euros/MWh by 09:03 GMT. Brussels is considering emergency measures as gas prices remain over 70% above pre-war levels and EU storage was only 28% full last week. Britain’s household energy price cap is projected to rise 18% in July. Euro zone inflation increased to 2.5% in March, driven partly by higher energy costs.
31 March 2026
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Stock Market Today

  • Mosaic (MOS) Stock Drops 36%: Is It Undervalued Now?
    May 15, 2026, 10:18 PM EDT. Mosaic shares have fallen 36.3% over the past year amid concerns over fertilizers and crop demand. The stock dropped 13% year-to-date and 8.3% last month. Despite recent losses, a Discounted Cash Flow (DCF) analysis estimates Mosaic's intrinsic value at $39.74 per share-45.2% above the current price-indicating potential undervaluation. The DCF model relies on projected free cash flows improving from a recent $501.6 million outflow to $283.5 million in 2026 and $800 million by 2030. Mosaic holds a valuation score of 5 out of 6, signaling it trades below fair value estimates. Investors reconsider fertilizer sector risks amid volatile earnings, while some see opportunity in the materials sector.

Latest articles

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.
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.
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