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.

Coca-Cola Stock Rises as Investors Seek Safety While Dow Hits Correction

Coca-Cola Stock Rises as Investors Seek Safety While Dow Hits Correction

Coca-Cola shares rose 1.37% to $75.71 on Friday as the Dow fell 1.73% and entered correction territory amid rising oil prices and weak consumer sentiment. Henrique Braun will become CEO on March 31, with a quarterly dividend of 53 cents per share set for April 1. PepsiCo also gained, while Keurig Dr Pepper was flat. Investors await Coca-Cola’s first-quarter earnings and annual meeting in April.
28 March 2026
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Oil Prices This Week: Why Brent Closed Above $112 and WTI Near $100 as Hormuz Risk Deepens

Oil Prices This Week: Why Brent Closed Above $112 and WTI Near $100 as Hormuz Risk Deepens

Brent crude ended the week at $112.57 a barrel and WTI at $99.64, as traders doubted a ceasefire in the Iran war. India warned higher oil and freight costs threaten its growth, while Egypt began fuel rationing. Gulf producers, including Saudi Arabia and the UAE, have cut output due to supply disruptions in the Strait of Hormuz. Markets swung sharply on shifting signals from the U.S. and Iran.
28 March 2026
Mortgage Rates Today, March 28, 2026: 30-Year Fixed Ends Week at Six-Month Highs as Yields Rise

Mortgage Rates Today, March 28, 2026: 30-Year Fixed Ends Week at Six-Month Highs as Yields Rise

U.S. mortgage rates climbed again this week, with Freddie Mac’s 30-year fixed average hitting 6.38% and Mortgage News Daily’s index at 6.64% on Friday. The 10-year Treasury yield reached 4.428% as oil prices rose to $112.57 a barrel. Mortgage applications fell 10.5% for the week, with refinancing down 14.6%. The Dow entered correction territory amid ongoing inflation and Middle East tensions.
28 March 2026
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Natural Gas Price This Week: Henry Hub Up 2% as LNG Shock Keeps Global Market Tight

Natural Gas Price This Week: Henry Hub Up 2% as LNG Shock Keeps Global Market Tight

U.S. natural gas futures rose 2.1% to $3.035 per mmBtu, while European and Asian benchmarks stayed far higher at $17 and $21. U.S. storage fell by 54 bcf last week, with inventories 5.2% above last year. LNG export demand remained strong as Cheniere’s Corpus Christi plant hit full capacity and Asian buyers sought more U.S. cargoes. Australian supply disruptions added pressure to a strained global market.
28 March 2026
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XRP Price This Week: Why Ripple’s Token Slipped Below Key Support as ETF Flows Stalled

XRP Price This Week: Why Ripple’s Token Slipped Below Key Support as ETF Flows Stalled

XRP traded near $1.35 Saturday, up 1.6% in 24 hours but down 6.3% for the week, underperforming the broader crypto market. Spot XRP ETFs saw zero net flows Thursday, and Ripple CEO Brad Garlinghouse said U.S. crypto legislation was delayed. Open interest in XRP futures rose to $2.65 billion Friday. Investors cited war, oil prices, and U.S. rate fears as drivers of risk aversion.
28 March 2026
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Bitcoin Price This Week: BTC Falls Below $67,000 as $14 Billion Expiry and ETF Outflows Bite

Bitcoin Price This Week: BTC Falls Below $67,000 as $14 Billion Expiry and ETF Outflows Bite

Bitcoin traded near $66,900 Saturday after falling from midweek highs above $71,900, following a large quarterly options expiry and outflows from U.S. spot bitcoin ETFs. The ETFs saw net outflows of about $296 million for the week. Deribit settled $14.16 billion in bitcoin options Friday, covering roughly 40% of its open contracts. Brent crude closed at $112.57 a barrel Friday as Wall Street posted a fifth straight week of losses.
28 March 2026
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Gold Price This Week: Bullion Rebounds From Four-Month Low as Fed Fears Keep Market on Edge

Gold Price This Week: Bullion Rebounds From Four-Month Low as Fed Fears Keep Market on Edge

Gold surged 2.6% to $4,491.78 an ounce Friday, rebounding from a four-month low of $4,097.99 hit Monday after volatile trading tied to oil and rate concerns. Thursday saw the steepest drop, with gold falling 2.7% as the dollar and crude rose. Physical demand improved as Indian and Chinese premiums narrowed. Silver, platinum, and palladium also recovered Friday after losses earlier in the week.
28 March 2026
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Silver Price This Week: Metal Ends Near $70 After Whipsaw Trade on Oil, Dollar and Fed Fears

Silver Price This Week: Metal Ends Near $70 After Whipsaw Trade on Oil, Dollar and Fed Fears

Spot silver closed Friday at $69.54 an ounce, up 2.2% on the day but nearly flat for the week after sharp swings between $67.71 and $72.41. The metal remains about 43% below its January record high of $121.60. Investors are watching U.S. payroll data due April 3 and Middle East tensions for further direction. The Silver Institute forecasts a sixth consecutive annual market deficit.
28 March 2026
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US Stock Market This Week: Dow Enters Correction as S&P 500, Nasdaq Sink on Oil Shock

US Stock Market This Week: Dow Enters Correction as S&P 500, Nasdaq Sink on Oil Shock

The Dow Jones Industrial Average fell 793.47 points Friday, entering correction territory as U.S. stocks closed at seven-month lows and capped five straight weekly losses. Megacap tech and consumer shares led declines, with Nvidia down 2.2% and Amazon off 4%. Oil prices surged amid Middle East tensions, while consumer sentiment dropped and inflation expectations rose.
28 March 2026
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Shake Shack Stock Price Falls 4% Despite Bullish $125 Analyst Call

Shake Shack Stock Price Falls 4% Despite Bullish $125 Analyst Call

Shake Shack shares fell 4.4% to $81.32 Friday, outpacing the S&P 500’s 1.7% drop, as oil prices surged and consumer sentiment weakened. D.A. Davidson reiterated a Buy rating and $125 price target, implying 54% upside. Shake Shack reported 15.4% revenue growth in 2025 and plans 55 to 60 new company-operated openings in 2026. The stock closed at about 95 times trailing earnings, far above sector peers.
28 March 2026
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Paycom Stock Slides 5% as Software Selloff Intensifies, 2026 Growth Worries Linger

Paycom Stock Slides 5% as Software Selloff Intensifies, 2026 Growth Worries Linger

Paycom Software shares dropped 4.85% to $117.06 on Friday, outpacing declines in the S&P 500 and Nasdaq. The selloff followed last month’s weak 2026 revenue outlook, which remains below analyst forecasts. Director Archana Vemulapalli will leave the board March 31, according to an SEC filing. Paycom’s market value closed at about $12.0 billion.
28 March 2026
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VinFast Stock Price Jumps 5% as VFS Rally Builds Despite Loss Concerns (Reuters)

VinFast Stock Price Jumps 5% as VFS Rally Builds Despite Loss Concerns (Reuters)

VinFast Auto (VFS) shares rose over 5% Friday to $3.39, capping an 18.5% gain for the week after reporting 2025 preliminary results showing EV deliveries doubled to 196,919 and revenue up 105.4%. The company’s Q4 net loss widened to about $1.4 billion, with gross margin at negative 39.9%. About 33% of Q4 deliveries went to affiliated entities. VinFast expects to file its audited annual report by April 30.
28 March 2026
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Vertex Pharmaceuticals Stock Falls 4.6% After FDA Label Warning Hits Alyftrek, Trikafta

Vertex Pharmaceuticals Stock Falls 4.6% After FDA Label Warning Hits Alyftrek, Trikafta

Vertex Pharmaceuticals shares fell 4.6% to $433.07 Friday after updated U.S. safety warnings on its cystic fibrosis drugs Alyftrek and Trikafta cited reports of serious neuropsychiatric events. The new labels advise close monitoring for symptoms such as depression and suicidal thoughts. Vertex expects 2026 revenue to remain heavily dependent on cystic fibrosis treatments, despite ongoing efforts to expand its pipeline.
28 March 2026
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Synopsys Stock Price Slides 5% Friday as Tech Rout Erases Elliott Boost

Synopsys Stock Price Slides 5% Friday as Tech Rout Erases Elliott Boost

Synopsys shares fell 5.4% to $380.47 on Friday, underperforming Cadence as tech stocks slid in a broad Wall Street selloff. The drop erased gains from Elliott Investment Management’s recent stake, leaving Synopsys about 12% below Monday’s close. The Nasdaq lost 2.15% and the S&P 500 software index hit a five-month low. Investors cited rising oil prices and yields as ongoing risks for high-valuation software stocks.
28 March 2026
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Twilio Inc. Stock Price Slides Nearly 5% as Tech Selloff Swamps Fresh Growth Signals

Twilio Inc. Stock Price Slides Nearly 5% as Tech Selloff Swamps Fresh Growth Signals

Twilio shares fell 4.8% to $119.99 on Friday, lagging the Nasdaq’s 2.15% drop as Middle East tensions rattled tech stocks. The decline follows recent board changes and expanded carrier links in North America. Metrigy reported the CPaaS market grew 4.2% to $14.9 billion in 2025, with Twilio holding a 25.4% share. Twilio last posted fourth-quarter revenue of $1.37 billion, up 14% year over year.
28 March 2026
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American Airlines (AAL) Stock Price Falls Nearly 4% as Oil Spike Puts 2026 Outlook Under Pressure

American Airlines (AAL) Stock Price Falls Nearly 4% as Oil Spike Puts 2026 Outlook Under Pressure

American Airlines shares fell 3.9% to $10.30 Friday as rising oil prices hit airline stocks. The company warned higher jet fuel costs could push first-quarter results to the low end of its forecast, despite projecting over 10% revenue growth. Delta, United, and Southwest also dropped, with American facing a thinner profit cushion than rivals.
27 March 2026
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Amazon Stock (AMZN) Drops Toward $200 as Nasdaq Correction Revives AI Spending Fears

Amazon Stock (AMZN) Drops Toward $200 as Nasdaq Correction Revives AI Spending Fears

Amazon shares fell 3.9% to $199.34 Friday, among the steepest drops in the S&P 500, as investors sold off major tech and consumer discretionary stocks. The decline followed concerns over Amazon’s rising capital spending, with 2026 outlays projected at $200 billion, and recent disruptions to AWS operations linked to Middle East conflict. Microsoft and Alphabet also dropped more than 2% each.
27 March 2026
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Bitmine Immersion Technologies Stock Falls as Ether Breaks $2,000, Overshadowing MAVAN Launch

Bitmine Immersion Technologies Stock Falls as Ether Breaks $2,000, Overshadowing MAVAN Launch

Bitmine Immersion Technologies shares fell 5.4% to $18.39 Friday as ether dropped below $2,000, erasing gains from the company’s MAVAN staking-platform launch. Bitmine holds 4.66 million ETH, now worth about $414 million less than its last reported value. The stock hit a one-month low, following an 8.3% loss Thursday. Other crypto-linked stocks, including Sharplink, also declined.
27 March 2026
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Stock Market Today

  • Chord Energy Undervalued Despite 40% Rally and $100 Oil
    May 16, 2026, 12:37 AM EDT. Chord Energy's stock (CHRD) remains undervalued despite a 40% rally amid $100 crude oil prices. The company delivers free cash flow (FCF) yields exceeding 20%, driven by its efficient 4-mile drilling wells that boost production growth. Investors seek value as Chord's operational efficiency supports robust financial performance in a volatile energy market.

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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