Today: 16 May 2026

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

US Stock Market Today: Live Updates 06.04.2026

LIVEMarkets rolling coverageStarted: April 6, 2026, 12:00 AM EDTUpdated: April 6, 2026, 11:59 PM EDT Firmus Valuation Nears $7 Billion Following Nvidia's Increased Investment April 6, 2026, 11:52 PM EDT. Artificial intelligence infrastructure start-up Firmus is nearing a $7 billion valuation after Nvidia, the world's largest chipmaker, doubled its stake in Firmus' final private funding round. The company is wrapping up the last phase of a $1 billion-plus pre-IPO capital raise, involving Nvidia and other strategic investors. This financing round precedes Firmus' debut presentation to IPO investors in Asia. The move highlights deepening interest from major tech players ahead of
6 April 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 05.04.2026

LIVEMarkets rolling coverageStarted: April 5, 2026, 12:00 AM EDTUpdated: April 5, 2026, 11:59 PM EDT Lunnon Metals Faces 12-Month Cash Runway Amid Rising Cash Burn April 5, 2026, 11:59 PM EDT. Lunnon Metals (ASX:LM8) held AU$9.7 million in cash as of December 2025, matching its annual cash burn, giving it approximately a 12-month cash runway. The company, still in early stages with no revenue reported in the past year, has increased its cash burn by 24%, reflecting heightened business investment. With a market capitalization of AU$76 million, the cash burn represents about 13% of the firm's value, suggesting it could
5 April 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 04.04.2026

LIVEMarkets rolling coverageStarted: April 4, 2026, 12:00 AM EDTUpdated: April 4, 2026, 11:59 PM EDT HDFC Bank Shares Fall 25% YTD Amid Leadership Shakeup and Bond Mis-selling Allegations April 4, 2026, 11:49 PM EDT. HDFC Bank's share price has dropped 25% year-to-date, driven by the sudden resignation of part-time Chairman Atanu Chakraborty over ethical issues and allegations against executives for mis-selling additional tier-1 (AT-1) bonds. Despite these controversies, the bank posted strong year-on-year growth in advances, deposits, and CASA (current and savings account deposit ratio) as of early April 2026. Analysts describe the stock's decline as a 'reset phase' post-HDFC
4 April 2026
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Wall Street Recovers After Iran Oil Shock, but Hormuz Hopes Now Face a CPI Test

Wall Street Recovers After Iran Oil Shock, but Hormuz Hopes Now Face a CPI Test

U.S. crude surged to $111.54 a barrel Thursday, its biggest daily jump since 2020, after President Trump vowed intensified attacks on Iran. The S&P 500 rose 0.1% and the Nasdaq 0.2%, while United Airlines and Carnival fell over 3% and Tesla dropped 5.4%. Gasoline prices topped $4 a gallon nationwide. Traders watched for updates on the Strait of Hormuz, which remains closed.
3 April 2026
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Nokia Shares Jump After Virgin Media O2 5G Deal as Investors Eye 2026 Growth

Nokia Shares Jump After Virgin Media O2 5G Deal as Investors Eye 2026 Growth

Nokia’s U.S. shares jumped 6.65% after it announced a multi-year 5G contract with Virgin Media O2, part of a network upgrade worth hundreds of millions of pounds. Ericsson will serve as Virgin Media O2’s primary radio access network partner, securing the largest share of the project. Nokia will supply radio and baseband equipment and expand automation and AI-led features. Virgin Media O2’s 5G network now covers 87% of the UK population.
3 April 2026
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Intel to Pay $14.2 Billion to Reclaim Ireland Fab Stake From Apollo as Stock Jumps

Intel to Pay $14.2 Billion to Reclaim Ireland Fab Stake From Apollo as Stock Jumps

Intel will pay $14.2 billion to buy back Apollo Global Management’s 49% stake in its Fab 34 plant in Leixlip, Ireland, regaining full ownership. The deal comes as demand rises for server CPUs and ahead of Intel’s first-quarter results on April 23. Intel shares rose 4.9% Thursday after an 8.8% jump the previous day. The company will fund the buyback with cash and $6.5 billion in new debt.
3 April 2026
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Nvidia Brings Google’s Gemma 4 to PCs and Edge Devices as AI Moves Beyond the Cloud

Nvidia Brings Google’s Gemma 4 to PCs and Edge Devices as AI Moves Beyond the Cloud

Nvidia announced it has optimized Google’s new Gemma 4 AI models to run on its RTX PCs, DGX Spark systems, and Jetson modules. Google said Gemma 4, released under an Apache 2.0 license, includes four model sizes and supports over 140 languages, with larger versions able to run on a single Nvidia H100 GPU. Nvidia’s data-center sales reached $62.3 billion last quarter. Competitors are increasing efforts in AI inference chips.
3 April 2026
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Oil Price Shock Deepens as Dated Brent Hits 2008 High and Iran War Chokes Hormuz

Oil Price Shock Deepens as Dated Brent Hits 2008 High and Iran War Chokes Hormuz

Dated Brent crude jumped to $141.37 a barrel Thursday, its highest since 2008, as the Strait of Hormuz remains blocked with no agreement to restore shipping. U.S. gasoline prices are projected to reach $4.25–$4.45 per gallon next week and could top $5 if the disruption continues. Pakistan raised fuel prices sharply, and Europe is considering rationing. WTI closed above Brent for the first time since May 2022.
3 April 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 03.04.2026

WiseTech Global (ASX:WTC) issued 101,318 new shares and granted 18,749 share rights under its employee incentive scheme, causing slight shareholder dilution. The company reported US$672 million in half-year revenue and net income of US$68.1 million, down due to a US$75.6 million one-off loss. Forecasts predict US$2 billion revenue by 2028. Analysts cite risks from customer concentration and regulatory pressures.
3 April 2026
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Ambev S.A. Gets February Lift From Brazil Beer Data as April Vote on Payout, Capital Increase Nears

Ambev S.A. Gets February Lift From Brazil Beer Data as April Vote on Payout, Capital Increase Nears

Brazil’s beverages output rose 6.2% in February, with Ambev’s beer volumes showing signs of recovery, according to IBGE and broker notes. Analysts warned inventory buildup could trigger a production correction in March. Ambev called a digital shareholder meeting for April 30 and proposed R$10.90 billion in 2025 profit for dividends and interest on capital. Grupo Petropolis’ output fell 6.2% in early 2026, XP said.
3 April 2026
MARA Holdings Stock Jumps as Bitcoin Sale Cuts Debt and Sharpens AI Push

MARA Holdings Stock Jumps as Bitcoin Sale Cuts Debt and Sharpens AI Push

MARA Holdings shares jumped about 8% Thursday after the company disclosed it sold 15,133 bitcoin for $1.1 billion to repurchase $1 billion in convertible notes at a discount. The move is expected to cut MARA’s outstanding convertible debt by about 30%. The company is also shifting some mining sites to AI-focused data centers through a joint venture with Starwood Digital Ventures. Bitcoin traded near $66,932, down almost 2%.
3 April 2026
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Whitmer Declares Michigan Energy Emergency to Cut Gas Prices Near $4

Whitmer Declares Michigan Energy Emergency to Cut Gas Prices Near $4

Michigan Gov. Gretchen Whitmer declared a state of energy emergency Thursday, suspending stricter summer gasoline rules in eight southeast counties after average gas prices rose to $3.89 a gallon, up nearly a dollar from a month ago. The order allows continued sale of a cheaper fuel blend through July 1, affecting about 5 million residents in the Detroit area.
3 April 2026
Bitmine Immersion Technologies (BMNR) Stock Falls Even as ETH Holdings Reach 4.73 Million Tokens

Bitmine Immersion Technologies (BMNR) Stock Falls Even as ETH Holdings Reach 4.73 Million Tokens

Bitmine Immersion Technologies shares dropped 1% to $19.45 Thursday despite reporting $10.7 billion in crypto, cash, and related holdings, with 4.73 million ether as of March 29. Ether fell 4% to $2,066. Bitmine said 3.1 million ether was staked, valued at $6.3 billion, and annualized staking revenue reached $177 million. The company recently launched its own staking platform and acquired Australia’s Pier Two.
2 April 2026
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SoFi launches Big Business Banking ahead of Q1 results, widening 24/7 dollar-and-crypto push

SoFi launches Big Business Banking ahead of Q1 results, widening 24/7 dollar-and-crypto push

SoFi Technologies launched Big Business Banking, a platform for managing dollars and stablecoins, sending shares up 1.5% to $15.85 on Thursday. Initial clients include Mastercard and major crypto firms. The move comes weeks before SoFi's Q1 results and follows recent crypto product rollouts. Muddy Waters last month alleged SoFi has unrecorded debt; SoFi disputes the claim.
2 April 2026
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American Airlines Group Inc. Gets Australia Reprieve on Qantas Alliance as Fuel Costs Rise

American Airlines Group Inc. Gets Australia Reprieve on Qantas Alliance as Fuel Costs Rise

Australia’s competition regulator granted interim approval for American Airlines and Qantas to continue their trans-Pacific partnership, days before the current authorization expires on April 16. The temporary clearance allows the airlines to coordinate flights between Australia, New Zealand, and North America while a final decision is expected in June. The ACCC warned the approval could be revoked at any time.
2 April 2026
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Turkish Airlines launches Timisoara flights, taking Romania network to four cities

Turkish Airlines launches Timisoara flights, taking Romania network to four cities

Turkish Airlines launched five weekly flights between Istanbul and Timișoara on April 1, expanding its Romanian network to four cities and 47 weekly flights. The new service connects Timișoara to 358 global destinations via Istanbul. Animawings and Wizz Air already serve the airport, increasing competition on the route. An inauguration ceremony was held at Timișoara Traian Vuia International Airport.
2 April 2026
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Why Wall Street Still Backs Live Nation Stock After Wells Fargo Trims Target

Why Wall Street Still Backs Live Nation Stock After Wells Fargo Trims Target

Wells Fargo trimmed its price target on Live Nation to $203, maintaining an overweight rating, as shares rose 2% to $155.73 in New York. The move followed Citizens’ new coverage with an Outperform rating and $190 target. Live Nation reported 2025 revenue up 9% to $25.2 billion and record fan attendance of 159 million. The DOJ settlement still awaits court approval, with several states pursuing separate antitrust claims.
2 April 2026
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Oil Prices Soar as Hormuz Fears Return, Brent Tops $109 and WTI Sees Biggest Jump Since 2020

Oil Prices Soar as Hormuz Fears Return, Brent Tops $109 and WTI Sees Biggest Jump Since 2020

Brent crude rose above $109 a barrel and U.S. WTI topped $111 after President Trump vowed continued attacks on Iran and gave no timeline for reopening the Strait of Hormuz. U.S. gasoline could reach $5 a gallon within a month if the waterway remains shut, analysts said. U.S. clean-fuel exports hit a record in March as global buyers sought alternatives. Shipping costs surged, with vessel availability on the Gulf Coast down 41% in a month.
2 April 2026
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Mortgage Rates Today: 30-Year Fixed Climbs to 6.46%, Highest Since September

Mortgage Rates Today: 30-Year Fixed Climbs to 6.46%, Highest Since September

Freddie Mac’s 30-year fixed mortgage rate climbed to 6.46%, the highest since September. The Mortgage Bankers Association reported a 2.6% drop in home purchase applications and a 17.3% fall in refinancing last week. Bankrate’s daily survey showed a 6.57% average 30-year fixed rate early Thursday. Rising Treasury yields and oil prices contributed to the increase.
2 April 2026
Natural Gas Price Today: Henry Hub Holds Near $2.80 as Storage Build, Mild Weather Weigh

Natural Gas Price Today: Henry Hub Holds Near $2.80 as Storage Build, Mild Weather Weigh

U.S. natural gas futures hovered near $2.80 per mmBtu Thursday after storage rose by 36 billion cubic feet, widening the surplus to 54 Bcf above the five-year average. LNG exports hit a record 11.7 million metric tons in March, but outages at plants like Sabine Pass limited further export-driven price gains. The EIA cut its 2026 Henry Hub forecast to under $3.80 per mmBtu. Drillers added three gas rigs this week.
2 April 2026
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Stock Market Today

  • American Superconductor (AMSC) Shares Surge but May Be Slightly Overvalued
    May 16, 2026, 6:33 AM EDT. American Superconductor (AMSC) shares have surged about 46% in the past month and over 61% in three months, driven by optimism around grid modernization efforts. The stock trades at $55.06, slightly above the analyst fair value of $52.33, suggesting it may be about 5.2% overvalued. Despite a strong year-to-date return of 74.35% and a three-year total shareholder return exceeding 1200%, valuation metrics show a mixed picture. The price-to-earnings ratio of 20.1 is below industry and peer averages, indicating moderate expectations. Investors should weigh the upbeat growth narrative, including infrastructure spending tailwinds, against risks like dependence on cyclical semiconductor demand and potential margin pressure from rising costs.

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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