Today: 23 June 2026

Marcin Frąckiewicz

Marcin Frąckiewicz is the founder and CEO of TS2 Space, a satellite communications company serving customers around the world. A graduate of the Warsaw School of Economics (SGH), he has more than two decades of experience in telecommunications, satellite services and technology ventures. He writes about satellite communications, space technology, artificial intelligence and the stock market, with a particular focus on technology companies, semiconductors, emerging industries and the trends shaping global innovation.

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 17.05.2026

LIVEMarkets rolling coverageStarted: May 17, 2026, 4:00 AM EDTUpdated: May 18, 2026, 3:59 AM EDT Cupid Healthcare Stock Rises 3.4% on Strong Q4 FY26 Results and Growth Outlook May 18, 2026, 3:52 AM EDT. Cupid’s share price rose 3.4% on May 18 following a strong Q4 FY26 earnings report. The healthcare firm’s total consolidated income increased by 26% year-on-year to ₹132.04 crore, with operating income up 28% to ₹119.96 crore. EBITDA grew 9% to ₹37.52 crore, and net profit increased 10% to ₹36.26 crore. Cupid outlined an aggressive growth plan targeting ₹600 crore revenue in FY27 and aims to scale
17 May 2026
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Bitcoin Slides Under $80,000 Ahead of ETF Reopen

Bitcoin Slides Under $80,000 Ahead of ETF Reopen

Bitcoin traded near $78,183 Saturday after U.S. spot bitcoin ETFs saw $290.4 million in net outflows on May 15, led by BlackRock’s IBIT. Rising U.S. Treasury yields and oil prices triggered a broader selloff in risk assets, with ether down 2.3% at $2,179.13. The S&P 500 fell 1.2% Friday. The Senate Banking Committee advanced the Clarity Act crypto bill, but its passage remains uncertain.
16 May 2026
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XRP drops over weekend as $1.50 seen as key before crypto vote in Washington

XRP drops over weekend as $1.50 seen as key before crypto vote in Washington

XRP traded near $1.42 Saturday, down about 2% over 24 hours, despite the Senate Banking Committee advancing the CLARITY Act on May 14. Bitcoin and ether also fell, with bitcoin at $78,266 and ether at $2,178. XRP’s market cap stood at $87.6 billion, with daily volume near $1.82 billion. U.S.-listed spot XRP funds saw $25.8 million in inflows Monday, their largest since January.
16 May 2026
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Oil’s $110 Shock Sets Traders on Edge for Next Week

Oil’s $110 Shock Sets Traders on Edge for Next Week

Brent crude settled at $109.26 and WTI at $105.42 on Friday, both posting weekly gains over 7%. Market tension rose as Strait of Hormuz traffic remained restricted and global oil inventories fell by 250 million barrels over March and April. U.S. crude stocks dropped by 4.3 million barrels last week. Traders watched for signals from U.S.-Iran talks and the upcoming May 20 inventory report.
16 May 2026
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Nvidia Shares Slip Ahead of Earnings as AI Trade Gears Up for a Big Week

Nvidia Shares Slip Ahead of Earnings as AI Trade Gears Up for a Big Week

Nvidia shares dropped 4.4% to $225.32 Friday, trimming gains from a chip rally but leaving the stock up 4.7% for the week. U.S. markets are closed for the weekend ahead of Nvidia’s fiscal first-quarter results after Wednesday’s close. Options pricing signals a possible 7% post-earnings swing, putting the near-term trading range between $210 and $241. The Nasdaq snapped a six-week winning streak as chip stocks sold off.
16 May 2026
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Netflix Stock Holds Near $87 Ahead of Monday Signal

Netflix Stock Holds Near $87 Ahead of Monday Signal

Netflix shares closed Friday at $87.02, nearly flat for the week, as the S&P 500 and Nasdaq both fell more than 1%. At its New York upfront, Netflix said its ad-supported plan now reaches over 250 million global monthly active viewers and will expand to 15 more countries in 2027. Analyst price targets average $115.89, but some remain cautious on user engagement and ad revenue growth.
16 May 2026
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Palantir Steady as Nasdaq Slides Before Monday

Palantir Steady as Nasdaq Slides Before Monday

Palantir closed Friday at $133.99, up 0.2%, but lost 2.8% for the week after a sharp midweek drop. The Nasdaq is closed for the weekend, with trading set to resume Monday. Palantir’s first-quarter revenue jumped 85% to $1.63 billion, but valuation concerns linger as its price-earnings ratio nears 150. Broader tech stocks, including Nvidia and AMD, fell sharply Friday.
16 May 2026
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Markets Drop Fed Rate Cut Bets for 2026

Markets Drop Fed Rate Cut Bets for 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.
16 May 2026
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Stocks Fall Friday as Traders Watch for Next Shoe to Drop

Stocks Fall Friday as Traders Watch for Next Shoe to Drop

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.
16 May 2026
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

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.
16 May 2026
Stocks take a breather after oil spike, Nvidia in focus

Stocks take a breather after oil spike, Nvidia in focus

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.
16 May 2026
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Nvidia, Walmart, and Big Utility Deal Set for Monday Trading

Nvidia, Walmart, and Big Utility Deal Set for Monday Trading

NextEra Energy and Dominion Energy are in merger talks on a stock deal that could create a $400 billion utility, Reuters reported, citing the Financial Times. U.S. stocks fell over 1% Friday as oil prices and Treasury yields climbed. Nvidia reports earnings Wednesday after a 36% rally since March. Kalshi and Polymarket data show little expectation of a June Fed rate move.
16 May 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 16.05.2026

LIVEMarkets rolling coverageStarted: May 16, 2026, 4:00 AM EDTUpdated: May 17, 2026, 3:59 AM EDT Treasurer Jim Chalmers Defends Budget's Impact on Young Investors Amid Tax Changes May 17, 2026, 3:58 AM EDT. Treasurer Jim Chalmers defended the federal budget’s tax changes targeting Capital Gains Tax (CGT) and negative gearing, measures aimed at addressing intergenerational inequality. The government plans to reduce the CGT discount and restrict negative gearing to new home purchases, affecting young investors who use the share market and rentvesting-a strategy of renting while owning property elsewhere-to save for housing deposits. Critics say these changes limit key wealth-building
16 May 2026
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SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX plans to list on Nasdaq as early as June 12 under the ticker SPCX, seeking to raise about $75 billion at a $1.75 trillion valuation, sources told Reuters. The company aims to publish its prospectus next week, with investor meetings set for June 4. Bloomberg reported Brookfield has already placed a $2 billion bet ahead of the IPO. SpaceX’s filing includes supervoting shares and strict limits on shareholder proposals.
16 May 2026
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Stock Market Today

  • Apollo Caps Withdrawals at 5% Amid 17% Redemption Surge in Private Credit Fund
    June 23, 2026, 4:51 AM EDT. Apollo Global Management is limiting withdrawals from its $26 billion Apollo Debt Solutions private credit fund to 5% after investor redemption requests jumped to nearly 17%, or $2.4 billion, in Q2 2026. The fund, which offers retail investors exposure to higher-yield private credit assets, experienced increased outflows particularly from offshore clients. This development underscores persistent liquidity challenges in semi-liquid private credit vehicles following similar withdrawal caps imposed by Blackstone and Partners Group. Industry experts warn that redemption pressures are stressing fund operational structures, revealing tensions in offering daily liquidity for fundamentally illiquid assets.

Latest articles

OpenAI pushes $100 billion ChatGPT ad push into key spot in IPO pitch

OpenAI pushes $100 billion ChatGPT ad push into key spot in IPO pitch

23 June 2026
OpenAI told investors it expects $2.5 billion in ad revenue this year and $100 billion by 2030 as it expands ChatGPT ads to Brazil, Mexico, and India, aiming to strengthen its case for a potential $1 trillion IPO, but high costs and slower-than-expected ad market growth could pressure its valuation or timing.
American Airlines Shares Up on Fuel Price Drop; Eyes on One Potential Threat

American Airlines Shares Up on Fuel Price Drop; Eyes on One Potential Threat

23 June 2026
American Airlines closed up 0.56% at $16.08 as investors weigh a sharp drop in jet-fuel prices—which could cut the U.S. airline industry’s annual fuel bill by over $40 billion if sustained—against a new safety probe into a Boston near-miss involving one of its jets; BofA raised its price target to $16, but American’s ability to turn lower fuel costs into profit remains in focus.
AI-led rally in South Korea stalls at 10% as chip downturn dents Seoul trade

AI-led rally in South Korea stalls at 10% as chip downturn dents Seoul trade

23 June 2026
South Korea’s KOSPI plunged 9.99%—its sharpest drop in over three months—after a record AI chip rally reversed on regulatory warnings and profit-taking, triggering a market-wide trading halt; Samsung Electronics and SK hynix each sank over 12% as foreign and institutional investors dumped shares, while retail buyers drove heavy trading, leaving the index still up nearly 95% for the year.
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