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.

Alphabet Stock Nears Bear Market as Google’s $185 Billion AI Spend Faces Wall Street Test

Alphabet Stock Nears Bear Market as Google’s $185 Billion AI Spend Faces Wall Street Test

Alphabet shares fell 3.1% to $280.53 Thursday, extending a 15% slide from February highs, as investors questioned the company’s plan to nearly double capital spending to up to $185 billion in 2026. The drop followed strong revenue growth but came amid broader tech declines, legal setbacks, and concerns that massive AI investments could strain near-term cash flow.
26 March 2026
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Natural Gas Prices Surge as Europe Rushes to Refill Storage, LNG Stocks Rally

Natural Gas Prices Surge as Europe Rushes to Refill Storage, LNG Stocks Rally

European gas prices have jumped over 70% since Feb. 28 as the European Commission urged governments to begin refilling storage early, with reserves at just 28% full. Benchmark Dutch gas traded near $17 per mmBtu, while Asian LNG hit $25.30. U.S. LNG terminals are near capacity, forcing buyers to outbid Asian rivals for cargoes. LNG stocks including Cheniere and NextDecade rose sharply in U.S. trading.
26 March 2026
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XRP Price Today Drops to $1.36 as Oil Spike and Iran War Jitters Hit Crypto

XRP Price Today Drops to $1.36 as Oil Spike and Iran War Jitters Hit Crypto

XRP dropped about 4% to $1.36 Thursday as oil prices surged and Middle East ceasefire hopes faded, triggering a broader crypto selloff. Trading volume for XRP reached $1.9 billion. Bitcoin fell 3.2% to near $69,000, while Ether and Solana also declined. Brent crude topped $105 after Iran denied talks with Washington, pressuring global stocks and boosting the dollar.
26 March 2026
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Bitcoin Price Today: BTC Slips Below $69,000 as Oil Surge Drags Coinbase, Strategy Stocks Lower

Bitcoin Price Today: BTC Slips Below $69,000 as Oil Surge Drags Coinbase, Strategy Stocks Lower

Bitcoin dropped below $69,000 Thursday, falling 2.7% as oil prices surged and Middle East tensions rattled risk markets. Coinbase shares slid 4.5%. Spot bitcoin ETFs saw net inflows of just $7.8 million on March 25 after a $74.5 million outflow the day before, according to Farside. Traders are watching $18.6 billion in bitcoin options set to expire Friday.
26 March 2026
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Crypto Stocks to Watch Today: MARA Bucks Selloff as Bitfarms, HIVE, CleanSpark, Riot, Bitdeer and Galaxy Stay in Focus

Crypto Stocks to Watch Today: MARA Bucks Selloff as Bitfarms, HIVE, CleanSpark, Riot, Bitdeer and Galaxy Stay in Focus

MARA shares rose 3.7% after the company said it sold 15,133 bitcoin to fund a $1 billion convertible-note repurchase, cutting its outstanding convertible debt by about 30%. Bitcoin traded near $68,200, down 3.8%. CleanSpark, Riot Platforms, Bitfarms, HIVE Digital and Galaxy Digital fell between 5% and 10%. Bitdeer was little changed.
26 March 2026
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Silver Price Today Falls More Than 3% as Oil Surge and Stronger Dollar Hit Bullion (Reuters)

Silver Price Today Falls More Than 3% as Oil Surge and Stronger Dollar Hit Bullion (Reuters)

Spot silver fell 3.2% to $68.97 an ounce by 11:15 a.m. ET Thursday, reversing the previous day’s gains as a stronger dollar and rising oil prices fueled inflation concerns. The drop leaves silver more than 40% below its January record. Gold, platinum, and palladium also declined. U.S. jobless claims data showed little change, keeping pressure on rate-cut expectations.
26 March 2026
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US Stock Market Today: Dow Jones, S&P 500 and Nasdaq Slide as Oil Tops $105 and Fed Cut Hopes Fade

US Stock Market Today: Dow Jones, S&P 500 and Nasdaq Slide as Oil Tops $105 and Fed Cut Hopes Fade

The S&P 500 fell 1% and the Nasdaq dropped 1.3% by midday Thursday as rising oil prices and ongoing Iran war concerns rattled markets. Brent crude climbed above $105, fueling inflation fears and pushing 10-year Treasury yields to 4.38%. Tech stocks led losses, with Meta down 6.8% after a jury verdict. Energy shares rose, and Olaplex surged 51% after a $1.4 billion buyout.
26 March 2026
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Dow Jones Today: Why the Index Is Slipping as Oil Jumps and Fed Cut Hopes Fade

Dow Jones Today: Why the Index Is Slipping as Oil Jumps and Fed Cut Hopes Fade

The Dow Jones Industrial Average fell 202.81 points, or 0.45%, to 46,221.54 by noon Thursday as oil prices surged and traders reacted to mixed U.S.-Iran signals on ending the war. Brent crude jumped $5.26 to $107.48 a barrel, reviving inflation concerns and erasing bets on Federal Reserve rate cuts this year. The S&P 500 lost 0.77% and the Nasdaq dropped 1.05%. New jobless claims rose by 5,000 to 210,000, matching forecasts.
26 March 2026
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Meta Layoffs Test $3 Trillion Hopes as AI Spending Surges

Meta Layoffs Test $3 Trillion Hopes as AI Spending Surges

Denison Mines shares fell 5.5% to $3.38 Thursday as nearly 19 million shares traded, outpacing declines in other uranium stocks. Investors reacted to the company’s C$600 million capital estimate for its Phoenix uranium project, which is set to begin site work this month after final federal approval. Denison raised US$345 million in convertible notes last year but flagged refinancing and debt risks in recent filings.
26 March 2026
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HPE Stock Today: Hewlett Packard Enterprise Holds Near Highs After Evercore Target Lift

HPE Stock Today: Hewlett Packard Enterprise Holds Near Highs After Evercore Target Lift

Hewlett Packard Enterprise shares slipped 1.6% to $25.38 in late-morning New York trading Thursday, following two days of sharp gains. Evercore ISI raised its price target on HPE to $30, citing stronger CPU-led server demand and a $5 billion AI backlog. HPE also won a London court ruling in the Autonomy case, securing $1.24 billion in damages. Broader markets fell as tech stocks led declines.
26 March 2026
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Grab Holdings Stock Price Today: GRAB Shares Rise on Buyback Move, Taiwan Deal in Focus

Grab Holdings Stock Price Today: GRAB Shares Rise on Buyback Move, Taiwan Deal in Focus

Grab Holdings shares rose 1.2% to $3.78 after announcing up to $400 million in share buybacks through JPMorgan and Morgan Stanley, funded from $7.4 billion in cash reserves. The move follows Grab’s $600 million agreement to acquire Delivery Hero’s foodpanda Taiwan business, its first expansion outside Southeast Asia. The Taiwan deal is expected to add at least $60 million in adjusted EBITDA by 2028. Regulatory approval is still pending.
26 March 2026
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Corebridge, Equitable Seal $22 Billion All-Stock Merger to Create New U.S. Retirement Giant

Corebridge, Equitable Seal $22 Billion All-Stock Merger to Create New U.S. Retirement Giant

Equitable Holdings and Corebridge Financial will merge in an all-stock deal valued at about $22 billion, forming a group with over $1.5 trillion in assets and 12 million customers. Corebridge CEO Marc Costantini will lead the combined company, headquartered in Houston and trading under the Equitable brand. The merger requires shareholder and regulatory approvals and targets completion by the end of 2026.
26 March 2026
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Nu Holdings Stock Price Today: NU Slips After $4.44 Million Insider Sale Filing

Nu Holdings Stock Price Today: NU Slips After $4.44 Million Insider Sale Filing

Nu Holdings shares fell 1.1% to $14.17 Thursday after a filing showed Chief Growth Officer Cristina Junqueira sold 300,000 shares for about $4.44 million through family trusts. The sale comes as investors weigh strong fourth-quarter results against rising expenses and tighter competition in Mexico. Junqueira still holds 2.62 million shares directly. Broader markets also declined, with the Nasdaq down 1.2%.
26 March 2026
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Micron Stock Price Falls 4% as Google’s TurboQuant, SK Hynix Expansion Rattle AI Memory Trade

Micron Stock Price Falls 4% as Google’s TurboQuant, SK Hynix Expansion Rattle AI Memory Trade

Micron Technology shares fell 4.2% to $366.23 in early New York trading Thursday, dropping below Wednesday’s close. The decline followed Google Research’s announcement that its TurboQuant tool can sharply reduce AI memory needs, raising concerns about future demand. Micron recently reported record results and plans to boost 2026 capital spending by $5 billion. Supply of key memory products remains tight, according to the company.
26 March 2026
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Tesla Stock Today: TSLA Slips as Europe Rebound Collides With Delivery Fears

Tesla Stock Today: TSLA Slips as Europe Rebound Collides With Delivery Fears

Tesla shares fell 1.1% to $381.62 in premarket trading Thursday after closing at $385.95. Wall Street has cut 2026 delivery growth forecasts to 3.8%, citing weakness in key markets. February EU registrations rose 11.8%, ending a 13-month decline, but BYD remained ahead. U.S. regulators last week escalated a probe into 3.2 million Tesla vehicles over Full Self-Driving safety concerns.
26 March 2026
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Super Micro Stock Rebounds, but New Lawsuit Keeps Pressure on SMCI After 33% Crash

Super Micro Stock Rebounds, but New Lawsuit Keeps Pressure on SMCI After 33% Crash

Super Micro Computer shares rose 8.3% to $24.05 despite shareholders filing a proposed class action in San Francisco federal court, alleging the company hid reliance on China sales that violated U.S. export laws. The lawsuit follows criminal charges against co-founder Yih-Shyan Liaw and two others for allegedly routing $2.5 billion in AI servers to China. Super Micro has not been charged and says the conduct broke company policy.
26 March 2026
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Stock Market Today

  • Trump's Financial Disclosure Reveals Massive Gains on Big Tech Stock Trades
    May 16, 2026, 2:39 AM EDT. Donald Trump's latest financial disclosure reported over 3,600 stock transactions between January and March 2026, involving up to $750 million in trades. The portfolio shows significant exposure to major technology firms like Nvidia, Microsoft, Amazon, and Apple, with Trump reportedly achieving 20% or more profit on most. Notably, he gained over 100% on stocks including AMD, Intel, and Bloom Energy. These trades coincided with a market dip triggered by the Iran war, followed by a strong rebound. No insider trading charges have been made, but the disclosures increase calls for new trading restrictions on public officials in the US.

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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