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.

Why MARA Holdings Stock Price Fell 6% Today as Bitcoin Slipped Below $70,000

Why MARA Holdings Stock Price Fell 6% Today as Bitcoin Slipped Below $70,000

MARA Holdings shares fell 6% to $8.38 Tuesday as bitcoin dropped 2.3% to $69,444. No new company news was posted; the last update was a February annual report. MARA held 53,822 bitcoin at 2025’s end and reported a $1.31 billion net loss on $907.1 million revenue last year. The company recently expanded into AI data centers through a Starwood-backed partnership.
24 March 2026
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Transocean Stock Price Today: RIG Climbs as Oil Rebound Lifts Offshore Drillers

Transocean Stock Price Today: RIG Climbs as Oil Rebound Lifts Offshore Drillers

Transocean shares rose 2.9% to $6.645 Tuesday, tracking a rebound in Brent crude, which jumped over 4% to $104.13 a barrel. The company is working to close a $5.8 billion all-stock purchase of Valaris, aiming to create a 73-rig contractor while reducing debt. Transocean reported 2025 revenue up 13% to $3.965 billion and added $610 million in new contracts since October. The Valaris deal is expected to close in the second half of 2026.
24 March 2026
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Oil Prices Today: Brent Reclaims $104 as Iran Denies U.S. Talks

Oil Prices Today: Brent Reclaims $104 as Iran Denies U.S. Talks

Brent crude rose $4.62 to $104.56 a barrel Tuesday after Iran denied talks with Washington and Gulf oil flows remained disrupted. The International Energy Agency said shipments through the Strait of Hormuz have dropped to less than 10% of pre-conflict levels. Japan will release nearly 80 million barrels from reserves by month-end. Goldman Sachs raised its Brent forecast, warning prices could spike further if disruptions worsen.
24 March 2026
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Grab Stock Climbs Today After $400 Million Buyback and Taiwan Foodpanda Deal

Grab Stock Climbs Today After $400 Million Buyback and Taiwan Foodpanda Deal

Grab Holdings shares rose 3.4% to $3.77 after announcing a $400 million stock buyback over four months and a $600 million deal to acquire Delivery Hero’s foodpanda Taiwan. The buyback includes a $250 million accelerated repurchase and up to $150 million in contingent purchases. Grab will get 54.9 million shares from JPMorgan initially. The foodpanda deal, Grab’s first outside Southeast Asia, awaits regulatory approval in Taiwan.
24 March 2026
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Bitcoin Price Today: BTC Drops Below $69,000 as Iran Relief Rally Fades, Coinbase and Strategy Slide

Bitcoin Price Today: BTC Drops Below $69,000 as Iran Relief Rally Fades, Coinbase and Strategy Slide

Bitcoin dropped 2.8% to $68,970 by early afternoon Tuesday in New York, erasing gains after briefly topping $71,000. Coinbase shares fell 11.3%, and Strategy lost 2.7% as oil climbed above $100 a barrel and geopolitical tensions persisted. Strategy disclosed a $76.6 million bitcoin purchase, raising its holdings to 762,099 tokens. U.S. stocks turned mixed after Monday’s surge on delayed U.S. strikes against Iran.
24 March 2026
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Natural Gas Price Today: Europe Gas Falls, but Qatar Shock Keeps Market Tight

Natural Gas Price Today: Europe Gas Falls, but Qatar Shock Keeps Market Tight

Dutch TTF gas traded at 53-54 euros/MWh Tuesday after topping 60 euros Monday, still far above last month’s levels. QatarEnergy declared force majeure on some LNG contracts after Iranian strikes cut 17% of its export capacity. Europe’s storage stands at 28.5%, with Shell warning of possible shortages by next month. Euro zone private-sector growth nearly stalled in March as energy prices surged.
24 March 2026
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Silver Price Today: Why Silver Is Stuck Near $70 Despite Middle East Tension

Silver Price Today: Why Silver Is Stuck Near $70 Despite Middle East Tension

Spot silver rose 1.1% to $69.86 an ounce by 11 a.m. ET Tuesday, holding near $70 as investors tracked Middle East tensions and interest rate risks. Brent crude jumped 4.2% to $104.13 a barrel. Analysts cited volatility driven by shifting war outlooks and rate expectations, with silver’s industrial demand amplifying swings. The Silver Institute forecasts a sixth consecutive annual supply deficit in 2026.
24 March 2026
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Gold Price Today Holds Near $4,409 After Four-Month Low as Oil, Rates Upend Safe-Haven Trade

Gold Price Today Holds Near $4,409 After Four-Month Low as Oil, Rates Upend Safe-Haven Trade

Gold hovered near $4,409 an ounce Tuesday after plunging to a four-month low Monday, with spot prices down about 15% since the Iran conflict began Feb. 28. Gold-backed ETFs have seen $7.9 billion in outflows since then. Oil prices rose and the U.S. 10-year Treasury yield hit 4.37%, weighing on non-yielding assets. Gold dropped more than 8% at one point Monday after President Trump delayed strikes on Iran.
24 March 2026
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US Stock Market Today: Dow Jones rises, S&P 500 stalls, Nasdaq slips as oil rebounds

US Stock Market Today: Dow Jones rises, S&P 500 stalls, Nasdaq slips as oil rebounds

The Dow rose 178 points while the Nasdaq fell 45 by late morning Tuesday as Wall Street’s Monday rally faded. Brent crude climbed above $100 after Tehran denied talks with Washington and the Strait of Hormuz remained mostly shut. S&P Global’s March flash PMI dropped to 51.4, its lowest in nearly a year, with inflation pressures rising. Investors sought large redemptions from Ares and Apollo private credit funds, triggering payout caps.
24 March 2026
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Dow Jones Today: Index Swings Above 46,300 as Oil Rebound and Iran Uncertainty Shake Wall Street

Dow Jones Today: Index Swings Above 46,300 as Oil Rebound and Iran Uncertainty Shake Wall Street

The Dow Jones rose 146 points to 46,348 in midday trading Tuesday, rebounding after a weak open as oil prices surged and investors tracked U.S.-Iran tensions. The S&P 500 edged up 0.1%, while the Nasdaq fell 0.3%. Money markets no longer expect Fed rate cuts this year. Brent crude climbed to $104.13 a barrel, with analysts warning of further spikes if the Strait of Hormuz remains disrupted.
24 March 2026
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Why Opendoor Technologies (OPEN) Stock Is Falling Today as Mortgage Rates Cloud Spring Housing

Why Opendoor Technologies (OPEN) Stock Is Falling Today as Mortgage Rates Cloud Spring Housing

Opendoor shares fell about 2% to $5.09 in midday trading Tuesday, tracking declines in housing-linked stocks as mortgage rates hit 6.22%, the highest since December. The company projected a 10% sequential drop in first-quarter revenue and continued adjusted EBITDA losses. Management still targets breakeven adjusted net income by end-2026 despite weak market conditions.
24 March 2026
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Denison Mines (DNN) Stock Price Rises as Cosa JV Reports Radioactivity, Phoenix Build Nears

Denison Mines (DNN) Stock Price Rises as Cosa JV Reports Radioactivity, Phoenix Build Nears

Denison Mines shares rose 1.8% to $3.49 after partner Cosa Resources reported anomalous radioactivity at the Murphy Lake North uranium project in Saskatchewan. Cosa said a drill hole hit 5 metres of anomalous radioactivity, with lab assays pending. Denison is preparing to build its C$600 million Phoenix uranium mine, targeting first production by mid-2028. Uranium traded near $88 a pound after briefly topping $100 in January.
24 March 2026
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Circle Teams With Nvidia-Backed Cassava’s Sasai to Push USDC Payments in Africa

Circle Teams With Nvidia-Backed Cassava’s Sasai to Push USDC Payments in Africa

Circle Internet Group said an affiliate partnered with Sasai Fintech, part of Nvidia-backed Cassava Technologies, to expand USDC access for payments and remittances in Africa. USDC circulation jumped 72% year-on-year to $75.3 billion in Q4. Nearly 80% of survey respondents in Nigeria and South Africa already hold stablecoins. Visa and Mastercard are also increasing stablecoin initiatives globally.
24 March 2026
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Plug Power Inc. Stock Price Today: PLUG Slides as Investors Test New CEO’s Turnaround

Plug Power Inc. Stock Price Today: PLUG Slides as Investors Test New CEO’s Turnaround

Plug Power shares fell 2.6% to $2.25 Tuesday, erasing part of Monday’s rebound after executives pitched a turnaround at Roth’s growth conference. The stock remains about 50% below its 52-week high. Plug ended 2025 with $368.5 million in cash and expects asset sales to add $275 million. Wall Street analysts remain cautious, seeking proof of sustained improvement despite a positive fourth-quarter gross margin.
24 March 2026
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SoFi Stock Price Falls as Muddy Waters Fight Drags On Despite Mizuho Defense

SoFi Stock Price Falls as Muddy Waters Fight Drags On Despite Mizuho Defense

SoFi Technologies shares dropped 50.5 cents to $16.65 Tuesday morning after Muddy Waters Research accused the company of hiding $312 million in debt. Analyst Dan Dolev defended SoFi, citing public disclosures, but the stock remained near lows set after the short seller’s report. CEO Anthony Noto bought 28,900 shares on March 17. Other fintech stocks, including Affirm and LendingClub, also fell.
24 March 2026
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Microsoft Stock Falls as Bulls Call 21% Slide a Bargain, Bears Point to AI Spending Risk

Microsoft Stock Falls as Bulls Call 21% Slide a Bargain, Bears Point to AI Spending Risk

Microsoft shares fell 2.5% Tuesday to $373.61, now down 21% from January highs. Investors remain split after quarterly results showed revenue up 17% and net income up 60%, but capital spending surged and cloud margins narrowed. Morningstar and Seeking Alpha called the drop a buying opportunity, while a TipRanks-linked piece urged caution, citing slower growth and margin pressure.
24 March 2026
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Venture Global Stock Jumps After Vitol Deal as Qatar LNG Shock Tightens Market

Venture Global Stock Jumps After Vitol Deal as Qatar LNG Shock Tightens Market

Venture Global shares jumped 7.5% Tuesday after announcing a new five-year LNG sales deal with Vitol, as traders shifted into U.S. LNG stocks amid Gulf supply risks. The stock hit $16.98 by late morning, still below its $25 IPO price. QatarEnergy declared force majeure on some contracts, while Cheniere said it cannot boost output further until new facilities open. Legal disputes over Venture Global’s Calcasieu Pass cargoes remain unresolved.
24 March 2026
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Stock Market Today

  • Rogers Warns on Stocks with 50x P/E Ratios and No Dividends Amid High Risks
    May 16, 2026, 6:15 AM EDT. Wolf Report analyst criticizes stocks trading at extremely high price-to-earnings (P/E) ratios of 50 times or more without offering dividend yields. He highlights significant risks associated with such valuations, especially in European and Scandinavian markets. The analyst, who owns shares of some mentioned stocks, advises investors to conduct thorough due diligence and consult tax professionals due to withholding tax complexities in international investments. He cautions against short-term and options trading for less experienced investors due to elevated risks. This perspective underscores concerns over market exuberance and the importance of risk awareness when investing in high P/E, non-dividend-paying stocks.

Latest articles

Markets Drop Fed Rate Cut Bets for 2026

Markets Drop Fed Rate Cut Bets for 2026

16 May 2026
Prediction-market odds for no Federal Reserve rate cuts in 2026 jumped to 69% on Polymarket and 68% on Kalshi. U.S. stocks fell over 1% Friday as oil prices and Treasury yields climbed, pressuring technology shares. CME FedWatch now shows a 60% chance of higher rates by January. Near-term markets still expect no change at the June Fed meeting.
Stocks Fall Friday as Traders Watch for Next Shoe to Drop

Stocks Fall Friday as Traders Watch for Next Shoe to Drop

16 May 2026
The S&P 500 fell 1.24% to 7,408.50 Friday as inflation concerns hit U.S. stocks, with chip shares leading declines and Treasury yields climbing. Consumer prices rose 3.8% in April, the largest annual gain since May 2023, while oil prices surged over 3% on renewed Strait of Hormuz worries. Prediction markets show a 98% chance the Fed will hold rates steady at its June meeting.
Wall Street Focuses on Key Event as U.S. Stocks Slip This Week

Wall Street Focuses on Key Event as U.S. Stocks Slip This Week

16 May 2026
U.S. stocks fell Friday, with the S&P 500 down 1.2% and the Nasdaq off 1.5%, as the 10-year Treasury yield climbed to 4.597% and Brent crude hit $109 a barrel. Prediction markets Kalshi and Polymarket both showed about a 70% chance of no Fed rate cuts in 2026. Investors shifted focus to inflation risks and the bond market after recent AI-driven gains.
Stocks take a breather after oil spike, Nvidia in focus

Stocks take a breather after oil spike, Nvidia in focus

16 May 2026
U.S. stocks fell Friday as rising oil prices and Treasury yields ended Wall Street’s AI-driven rally, with the S&P 500 dropping 1.24% and the Nasdaq down 1.54%. The S&P 500 still posted a 0.1% weekly gain, but the Russell 2000 slid 2.4%. April consumer prices rose 0.6%, the largest annual gain since May 2023. Investors now see a 60% chance of a Fed rate hike by January.
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