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 Prices Rebound 2% as U.S.-Iran Talk Hopes Send Oil Lower

Gold Prices Rebound 2% as U.S.-Iran Talk Hopes Send Oil Lower

Spot gold jumped 2.4% to $4,582.18 an ounce by 1141 GMT after oil prices fell over 5% on ceasefire hopes linked to a reported U.S. proposal to Iran. Tehran denied talks, but traders cut the odds of a Fed rate hike. Gold remains nearly 20% below its January record. Goldman Sachs, UBS, and JPMorgan project year-end 2026 gold prices between $5,400 and $6,300 an ounce.
25 March 2026
SoFi Stock Price Today Falls as Muddy Waters Battle Drags On, Mizuho Keeps $38 Target

SoFi Stock Price Today Falls as Muddy Waters Battle Drags On, Mizuho Keeps $38 Target

SoFi Technologies shares dropped 2.7% premarket Wednesday to $16.70 as investors reacted to a Muddy Waters short-seller report alleging $312 million in unrecorded debt. SoFi denied the claims and said it may pursue legal action. Mizuho defended SoFi, maintaining a $38 price target. CEO Anthony Noto bought 28,900 shares on March 17 after a previous purchase earlier in the month.
25 March 2026
Plug Power Stock Price Today: Wall Street Wants Proof on New CEO’s Turnaround Plan

Plug Power Stock Price Today: Wall Street Wants Proof on New CEO’s Turnaround Plan

Plug Power shares traded near $2.29 premarket Wednesday, about half their 52-week high. The company reported 2025 revenue up 12.9% to $710 million and positive gross margin, but liquidity concerns persist despite a $132.5 million asset deal with Stream Data Centers. Analysts remain cautious, with Jefferies and Wells Fargo both maintaining Hold ratings. Plug ended 2025 with $368.5 million in unrestricted cash.
25 March 2026
Denison Mines Corp Stock Holds at $3.51 After Cosa JV Drill Hit as Phoenix Build Nears

Denison Mines Corp Stock Holds at $3.51 After Cosa JV Drill Hit as Phoenix Build Nears

Nvidia traded near $175.20 premarket Wednesday as senators called for a review of its chip export licenses to China and Southeast Asia. The company’s outlook still assumes no China data-center compute revenue. Senators also asked Commerce to investigate whether CEO Jensen Huang’s remarks affected export approvals. Arm launched its first in-house data-center CPU with Meta as lead partner.
25 March 2026
Hyatt Uses AI Search and New Amex Offer to Chase Direct Hotel Bookings

Hyatt Uses AI Search and New Amex Offer to Chase Direct Hotel Bookings

Hyatt is expanding its use of artificial intelligence to target travelers before they choose destinations, aiming to drive more direct bookings, CEO Mark Hoplamazian said in Berlin. The company is rolling out an AI tool for hotel managers to 250 properties by April and 1,000 by year-end. Select American Express cardholders received a targeted $75 offer on Hyatt stays booked directly. Hyatt reports higher daily rates and RevPAR.
Super Micro Stock Price Today: SMCI Climbs Premarket Even as Wall Street Cuts Targets Again

Super Micro Stock Price Today: SMCI Climbs Premarket Even as Wall Street Cuts Targets Again

Super Micro Computer shares climbed 2.7% in premarket trading Wednesday to $22.84, rebounding after last week’s sharp drop linked to a $2.5 billion export-control case involving AI servers and China. The company is not a defendant but has placed two executives on leave and accepted a board resignation. Wall Street analysts cut ratings and targets, citing growth and reputation risks. Senators called for further scrutiny late Tuesday.
25 March 2026
Grab Stock Climbs 4% After $400 Million Buyback, Foodpanda Taiwan Deal Draws Analyst Support

Grab Stock Climbs 4% After $400 Million Buyback, Foodpanda Taiwan Deal Draws Analyst Support

Grab Holdings shares rose 4.1% to $3.79 Tuesday after announcing up to $400 million in share repurchases, including a $250 million accelerated buyback and a $150 million agreement with Morgan Stanley. The company also agreed to buy Delivery Hero’s foodpanda Taiwan business for $600 million, marking its first expansion outside Southeast Asia. Grab will fund the buybacks from existing cash, which totaled $5.4 billion in net liquidity at 2025’s end.
Ondas Stock Slips as ONDS Investors Weigh Record Revenue, World View Deal and $375 Million Target

Ondas Stock Slips as ONDS Investors Weigh Record Revenue, World View Deal and $375 Million Target

Ondas shares fell 1.9% premarket Wednesday to $10.68 after the company reported a wider 2025 net loss of $133.4 million and announced a $150 million deal to acquire World View. Ondas raised its 2026 revenue target to at least $375 million, up from 2025’s $50.7 million. The company ended 2025 with $594.4 million in cash and reported a backlog of $68.3 million.
25 March 2026
ImmunityBio (IBRX) Stock Tumbles After FDA Warning on Anktiva Claims

ImmunityBio (IBRX) Stock Tumbles After FDA Warning on Anktiva Claims

ImmunityBio shares fell 21.1% Tuesday after the FDA posted a warning letter accusing the company of false or misleading claims about its cancer drug Anktiva in a TV ad and podcast. The FDA said the materials suggested Anktiva could cure or prevent all cancer, which is not approved. ImmunityBio has 15 working days to respond. Anktiva accounted for nearly all of the company’s $113 million in 2025 revenue.
Intel Stock Price Rises Before the Bell as Arm AI Chip Fuels Server CPU Bets

Intel Stock Price Rises Before the Bell as Arm AI Chip Fuels Server CPU Bets

Intel shares climbed 3.8% premarket Wednesday after Arm launched a new AI data-center chip and oil prices fell. Intel traded at $44.06, valuing the company at $155.4 billion. Arm said its AGI CPU, made by TSMC, could generate $15 billion a year within five years, with Meta and OpenAI as early customers. Analysts noted Intel faces execution risks despite strong gains and renewed demand for server CPUs.
B2Gold Corp Stock Rebounds After Gold Rout, but 2026 Cost Pressure Still Looms

B2Gold Corp Stock Rebounds After Gold Rout, but 2026 Cost Pressure Still Looms

B2Gold Corp’s U.S. shares closed at $4.12 Tuesday, up 1% and extending a rebound, but remain nearly 15% below last week’s close. Spot gold fell 0.4% to $4,389.26 an ounce, down 21% from its January peak. B2Gold projects higher 2026 costs and lower output, citing deferred stripping at Fekola and a ramp-up at Goose. Founder Clive Johnson will retire in June, with CFO Mike Cinnamond set to succeed him.
24 March 2026
UiPath Stock Price Sinks 9% as AI Disruption Fears Slam Software Sector Again

UiPath Stock Price Sinks 9% as AI Disruption Fears Slam Software Sector Again

UiPath shares fell 8.7% to $11.07 in late trading Tuesday amid a broader tech selloff, despite reporting its first full year of profit and a $500 million buyback. The company forecast slower revenue growth for fiscal 2027, fueling investor concerns as competition from newer AI agents intensifies. The iShares Expanded Tech-Software Sector ETF dropped 4.2%, with HubSpot, Atlassian, and Salesforce also posting steep declines.
AT&T Stock Climbs Near 52-Week High After Citi Lifts Target to $31.50

AT&T Stock Climbs Near 52-Week High After Citi Lifts Target to $31.50

AT&T shares rose 0.8% Tuesday, reaching $29.42 after Citigroup raised its price target to $31.50 and maintained a Buy rating. The stock hovered near a 52-week high ahead of AT&T’s April 22 earnings report. Investors responded to new, simpler wireless plans launched March 13 and continued fiber expansion. AT&T last traded at $29.00 in afternoon trading.
24 March 2026
Why Amazon Stock Price Fell 1.4%: AWS Bahrain Trouble Revives AI-Spending Concerns

Why Amazon Stock Price Fell 1.4%: AWS Bahrain Trouble Revives AI-Spending Concerns

Amazon shares fell 1.4% to $207.24 Tuesday, about 20% below their 52-week high, as the company faces $200 billion in planned 2026 capital spending, much for AI infrastructure. AWS operations in Bahrain were disrupted by drone activity, the second such incident in a month. The Nasdaq dropped 0.84% amid rising oil prices and Treasury yields. Amazon told AWS customers to migrate to other regions but gave no recovery timeline.
GameStop Q4 Earnings: Sales Fall 14%, but $9 Billion Cash Pile Puts Ryan Cohen’s Next Move in Focus. (Business Wire)

GameStop Q4 Earnings: Sales Fall 14%, but $9 Billion Cash Pile Puts Ryan Cohen’s Next Move in Focus. (Business Wire)

GameStop’s fourth-quarter revenue fell 14% to $1.104 billion, with net income down to $127.9 million. Cash, cash equivalents, and marketable securities jumped to $9.0 billion from $4.8 billion a year earlier. Collectibles made up 33.1% of sales as hardware and software revenue dropped. GameStop signed an agreement for a possible sale of its French operations and is winding down in New Zealand.
Snap Stock Falls to 52-Week Low as Ad Recovery Doubts Keep Pressure on SNAP Shares

Snap Stock Falls to 52-Week Low as Ad Recovery Doubts Keep Pressure on SNAP Shares

Snap Inc. shares closed down 3.2% at $4.37 Tuesday, hitting a 52-week low and leaving the stock down 54% over the past year. Quarterly revenue rose 10% to $1.72 billion, but first-quarter guidance missed Wall Street estimates. Daily active users increased 5% year-over-year but fell by 3 million from the previous quarter. The Nasdaq dropped 0.47% as rising oil prices and Treasury yields pressured risk assets.
24 March 2026
Stellantis Stock Price Climbs After Europe Sales Gain; Elkann Says Carmaker Can Turn the Corner

Stellantis Stock Price Climbs After Europe Sales Gain; Elkann Says Carmaker Can Turn the Corner

Stellantis shares climbed 2.3% to $6.74 Tuesday after European sales data showed a 9.5% gain for the carmaker in February, outpacing the market. Chairman John Elkann expressed confidence in a turnaround but urged “patience and prudence” on capital allocation. Stellantis sold €5 billion in hybrid bonds this month to bolster liquidity after February’s €22.2 billion writedown. Investors await further updates at the May 21 capital markets day.
24 March 2026
Nokia Oyj Stock Price Climbs 3% as Telecom Rally Puts AI Bet Back in Focus

Nokia Oyj Stock Price Climbs 3% as Telecom Rally Puts AI Bet Back in Focus

Nokia shares rose 2.92% to 7.04 euros in Helsinki Tuesday, while U.S. ADRs gained 1.86%. Telecom stocks outperformed in Europe, with sector gains of 2.5%. Nokia’s AI-driven optical networking push and recent contract wins have fueled a 26% stock rise this year, but some analysts see the rally outpacing near-term results. Vietnam’s 5G contracts to Huawei and ZTE highlight ongoing competition.
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Stock Market Today

  • EagleRock Land (EROK) Stock Price Today and Performance Analysis
    May 16, 2026, 3:41 AM EDT. EagleRock Land (EROK) stock performance data reflects cumulative returns over multiple periods from March 2017 to March 2021. The data covers 1 to 4-year returns, with a disclaimer emphasizing that past performance is not a guarantee of future results. The information is provided by Gotrade Securities Inc., a licensed broker under Labuan Financial Services and Securities Act 2010, highlighting the inherent risks of investment including potential capital loss. This data is general and does not constitute financial advice or an offer to trade. Not intended for U.S. residents or jurisdictions where such distribution is prohibited by law.

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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