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.

Gold Price Today: Bullion Rises on War Fears, Still Set for Worst Month Since 2008

Gold Price Today: Bullion Rises on War Fears, Still Set for Worst Month Since 2008

Spot gold rose 0.9% to $4,531.21 an ounce by late Monday morning in New York, as renewed tensions over Iran spurred safe-haven demand. Despite the rebound, gold remains down about 14% for March, heading for its worst month since 2008. Silver, platinum, and palladium also gained. Investors remain cautious as oil prices and U.S. Treasury yields climb, and central banks hold off on rate cuts.
30 March 2026
US Stock Market Today: Dow Rebounds, Nasdaq Slips as Powell and Oil Keep Wall Street on Edge

US Stock Market Today: Dow Rebounds, Nasdaq Slips as Powell and Oil Keep Wall Street on Edge

The Dow rose 0.69% and the S&P 500 edged up 0.16% Monday afternoon, while the Nasdaq slipped 0.13%. Brent crude held near $112.43 a barrel and the 10-year Treasury yield stood at 4.348%. President Trump cited talks with Iran, but Houthi militia activity kept traders cautious. Morgan Stanley cut global equities to neutral, lifting cash and Treasuries to overweight.
30 March 2026
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Dow Jones Index Today: Dow Jumps 300 Points as Wall Street Tries to Shake Off Correction

Dow Jones Index Today: Dow Jumps 300 Points as Wall Street Tries to Shake Off Correction

The Dow Jones Industrial Average jumped 324 points to 45,491.47 by midday Monday after President Trump said the U.S. was in talks to end the conflict with Iran, despite continued fighting. Energy and financial stocks led gains, while tech shares lagged. Brent crude traded near $113 a barrel. Investors now expect no Fed rate cuts this year.
30 March 2026
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Wall Street’s 5-Week Losing Streak Has the S&P 500 Near a Correction. Is the Stock Market Bottom Close?

Wall Street’s 5-Week Losing Streak Has the S&P 500 Near a Correction. Is the Stock Market Bottom Close?

The S&P 500 rose 0.2% by midday Monday after five weeks of losses and a 1.7% drop Friday, leaving it 8.7% below its January peak. Brent crude is up about 60% in March, and markets have removed expected Fed rate cuts for 2026. The S&P 500 remains below key technical averages, while its price-to-earnings ratio has fallen to under 20. Morgan Stanley downgraded global equities to "equal weight" amid continued volatility.
30 March 2026
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Can Uber Stock Top $100 Again? Blacklane Deal and 125% Three-Year Run Revive Debate

Can Uber Stock Top $100 Again? Blacklane Deal and 125% Three-Year Run Revive Debate

Uber shares rose 1.4% to $70.15 midday Monday after announcing a deal to acquire chauffeur service Blacklane, with financial terms undisclosed. Wells Fargo trimmed its price target to $95, citing long-term autonomous vehicle risks. Uber reported 2025 revenue of $52 billion and 202 million monthly active users in Q4. The Blacklane deal is expected to close by end-2026, pending regulatory approval.
30 March 2026
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AI ETFs 2026: Why Vanguard VGT, Roundhill CHAT and Value-Chain Funds Are Pulling Investors Beyond Nvidia

AI ETFs 2026: Why Vanguard VGT, Roundhill CHAT and Value-Chain Funds Are Pulling Investors Beyond Nvidia

Vanguard Information Technology ETF fell 1.0%, Roundhill Generative AI & Technology ETF dropped 1.1%, and Global X Artificial Intelligence & Technology ETF lost 0.8% Monday morning as investors shifted focus from megacap tech to chip and hardware suppliers. U.S. equity funds saw $37.24 billion in inflows last week, but tech sector funds lost $1.45 billion.
30 March 2026
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Alphabet Stock Price Target Raised to $397 as Wells Fargo Sees Google Cloud Lift From Wiz and TPUs

Alphabet Stock Price Target Raised to $397 as Wells Fargo Sees Google Cloud Lift From Wiz and TPUs

Wells Fargo raised its price target on Alphabet to $397, maintaining an Overweight rating as shares traded near five-month lows. Google Cloud revenue jumped 48% in Q4 to $17.7 billion, with backlog up 55% to $240 billion. Alphabet closed its $32 billion Wiz acquisition on March 11. A Los Angeles jury found Google and Meta liable in a youth social-media addiction case, awarding $6 million in damages.
30 March 2026
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Meta’s $9 Trillion Market Cap Bet Runs Into Fresh Legal Risk

Meta’s $9 Trillion Market Cap Bet Runs Into Fresh Legal Risk

Meta Platforms has tied new stock options for six top executives to a share price that would push its market value above $9 trillion by 2031. The awards follow two jury verdicts last week ordering Meta to pay $381 million over child safety claims, which sent shares lower. CEO Mark Zuckerberg is not included in the pay package. Meta said it plans up to $135 billion in capital spending in 2026, mostly for AI and infrastructure.
30 March 2026
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Microsoft Stock Selloff Sparks Fresh Bull-Bear Split as Copilot Upgrades Roll Out

Microsoft Stock Selloff Sparks Fresh Bull-Bear Split as Copilot Upgrades Roll Out

Microsoft launched new Copilot features Monday as debate intensified over its AI spending and stock outlook. Shares rose 1.1% to $360.52 early, following a 17% revenue jump and a $625 billion backlog. Bulls cite strong growth, while critics highlight high capex and rising competition from Google Cloud. Microsoft said Copilot now combines OpenAI’s GPT and Anthropic’s Claude in one workflow.
30 March 2026
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AST SpaceMobile Sets April 10 BlueBird 7 Target as Rocket Lab Notches ESA Launch After SpaceX IPO Buzz

AST SpaceMobile Sets April 10 BlueBird 7 Target as Rocket Lab Notches ESA Launch After SpaceX IPO Buzz

Blue Origin’s New Glenn-3 is now targeting April 10 to launch AST SpaceMobile’s BlueBird 7 satellite, later than previous timelines. Rocket Lab completed its first dedicated launch for the European Space Agency on March 28, sending two Celeste satellites into orbit. AST reported $70.9 million in 2025 revenue and over $3.9 billion in cash and liquidity at year-end. Rocket Lab holds a $1.85 billion backlog.
30 March 2026
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VIX Fear Gauge Above 30 Puts Wall Street at a Crossroads: Buy Stocks or Brace for More Pain?

VIX Fear Gauge Above 30 Puts Wall Street at a Crossroads: Buy Stocks or Brace for More Pain?

Wall Street opened higher Monday, with the Dow up 116 points, but the VIX stayed elevated at 30.79 after last week’s spike. All three major indexes posted a fifth straight weekly loss Friday, their longest streak in nearly four years. Oil prices rose as Brent topped $116 a barrel amid Middle East tensions. Morgan Stanley downgraded global equities and upgraded cash and U.S. Treasuries, citing persistent uncertainty.
30 March 2026
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CrowdStrike Stock Rises After Wolfe Upgrade as Anthropic AI Fears Turn Into Cybersecurity Spending Bet

CrowdStrike Stock Rises After Wolfe Upgrade as Anthropic AI Fears Turn Into Cybersecurity Spending Bet

CrowdStrike shares rose about 3% premarket Monday after Wolfe Research upgraded the stock to Outperform, citing expected higher security spending tied to Anthropic’s upcoming AI model. Wolfe set a $450 price target and said the new AI could trigger a “machine speed cyberwar.” CrowdStrike reported $5.25 billion in annual recurring revenue earlier this month. Friday’s AI-driven selloff hit other cybersecurity stocks, including Palo Alto Networks and Zscaler.
30 March 2026
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Nvidia Stock Hits 7-Year Valuation Low Even as New AI Orders Roll In

Nvidia Stock Hits 7-Year Valuation Low Even as New AI Orders Roll In

Nvidia shares are trading at their lowest forward price-to-earnings multiple since 2019, nearly 20% below their October peak, despite strong demand and a forecast for 70% earnings growth this year. The stock now trades at about 19.6 times expected earnings, below the S&P 500 average. Amazon Web Services has agreed to buy 1 million Nvidia GPUs by 2027. Some analysts expect Nvidia’s market share to erode as rivals and custom chips gain ground.
30 March 2026
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India Bank Holidays This Week: Why March-End Closures Could Delay Some Salary Credits

India Bank Holidays This Week: Why March-End Closures Could Delay Some Salary Credits

Bank branches across India face multiple closures from March 28 to April 3 due to holidays and the financial year-end, affecting cheque clearances and cash transactions. Only agency banks will keep select branches open on March 31 for government business. Digital banking, ATMs, and UPI remain operational. Closures vary by state, with major cities affected on March 31 and April 1.
30 March 2026
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Stock Market Crash Fears Rise as Oil, Bond Yields and Volatility Hit Wall Street at Once

Stock Market Crash Fears Rise as Oil, Bond Yields and Volatility Hit Wall Street at Once

The Dow and Nasdaq entered correction territory after Friday’s sell-off, with the S&P 500 close behind. Brent crude rose to $114.99 a barrel and U.S. crude to $101.36 following Houthi attacks. Bond yields climbed, and Federal Reserve officials are monitoring inflation risks. Major banks remain divided on the outlook, with Morgan Stanley warning of steep valuation drops if oil prices stay elevated.
30 March 2026
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Sysco to Buy Restaurant Depot for $29.1 Billion in Push for Independent Restaurants

Sysco to Buy Restaurant Depot for $29.1 Billion in Push for Independent Restaurants

Sysco will acquire Jetro Restaurant Depot for $29.1 billion in cash and stock, giving Jetro shareholders $21.6 billion in cash and 91.5 million Sysco shares. Sysco shares fell about 1% before the New York open, and the company will pause buybacks but maintain its annual outlook. Jetro will operate as a standalone unit, with no expected workforce cuts. The deal expands Sysco into warehouse-style wholesale for small food businesses.
30 March 2026
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Dollar Near 10-Month High as Iran War, Oil Shock and Fed Bets Squeeze Yen and Euro

Dollar Near 10-Month High as Iran War, Oil Shock and Fed Bets Squeeze Yen and Euro

The U.S. dollar hovered near a 10-month high Monday, with the dollar index at 100.19, as the Iran conflict pushed investors toward safe assets. Brent crude rose above $115 a barrel, intensifying inflation pressures in Asia, where policymakers face tough choices on rates and currencies. The yen briefly broke 160 per dollar before recovering, prompting warnings from Japanese officials. Sterling, the Australian, and New Zealand dollars all posted steep monthly losses.
30 March 2026
Oil Prices Today: Brent Nears $116, WTI Above $101 as Iran War Widens After Houthi Attacks

Oil Prices Today: Brent Nears $116, WTI Above $101 as Iran War Widens After Houthi Attacks

Brent crude neared $116 a barrel Monday after Yemen’s Houthis struck Israel, sending oil toward its biggest monthly gain since 1988. Iran’s closure of the Strait of Hormuz and threats to the Bab el-Mandeb have disrupted key shipping routes. U.S. gasoline prices hovered just below $4 a gallon. Shell and TotalEnergies shares rose, while airline stocks fell.
30 March 2026
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Stock Market Today

  • Lloyds Enterprises Posts Solid Earnings Amid Share Dilution Concerns
    May 15, 2026, 11:35 PM EDT. Lloyds Enterprises (NSE:LLOYDSENT) reported strong profit growth with a 481% annualized increase over three years and a 397% rise last year. However, the company issued 10% more shares recently, diluting earnings per share (EPS). Despite net income gains, EPS growth is critical as it better reflects shareholder value, showing a 586% increase over three years. Share dilution may mask true earnings power, cautioning investors. Analysts advise monitoring EPS alongside profit and other financial metrics such as margins and return on investment. Lloyds Enterprises carries one warning sign, emphasizing the need for thorough risk assessment before investing.

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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