Today: 16 May 2026

Wall Street Rebounds, but VIX Warning Still Flashes on Iran Relief Hopes

Wall Street Rebounds, but VIX Warning Still Flashes on Iran Relief Hopes

Nvidia invested $2 billion in Marvell Technology and expanded their AI chip partnership, sending Marvell shares up over 12% and Nvidia up 5.5% Tuesday afternoon. Marvell’s custom AI chips and networking gear will integrate with Nvidia’s NVLink Fusion platform. The companies will also collaborate on silicon photonics and AI-RAN for next-generation networks. Marvell traded at $99.06 and Nvidia at $174.23 by 12:55 p.m. PDT.
31 March 2026
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Apple Stock (AAPL) Gets Rare Barclays Sell as Soft iPhone Demand, AI Doubts Split Wall Street

Apple Stock (AAPL) Gets Rare Barclays Sell as Soft iPhone Demand, AI Doubts Split Wall Street

Barclays reiterated a Sell rating on Apple with a $248 price target, citing soft iPhone unit trends, even as Apple shares rose 2.8% to $253.65 Tuesday. The stock remains about 6% below its Jan. 2 close. Apple is testing new Siri features and saw China smartphone sales rise 23% in early 2026. Bulls cite stronger China demand, while bears warn AI upgrades may not drive a major replacement cycle.
31 March 2026
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Mortgage Rates Today: 30-Year Fixed Hovers Near Six-Month High as Spring Buyers Face Fresh Pressure

Mortgage Rates Today: 30-Year Fixed Hovers Near Six-Month High as Spring Buyers Face Fresh Pressure

U.S. 30-year mortgage rates held in the mid-6% range Tuesday, with Zillow at 6.25%, Bankrate at 6.61%, and Freddie Mac’s weekly benchmark at 6.38%. Bankrate’s Mortgage Rate Variability Index hit 8 out of 10, signaling wide gaps between lender offers. January single-family home prices rose 0.1% from December. The 10-year Treasury yield neared 4.5% last week.
31 March 2026
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Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures

Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures

European natural gas prices fell 2.5% Tuesday, with the Dutch TTF contract at 53.55 euros/MWh by 09:03 GMT. Brussels is considering emergency measures as gas prices remain over 70% above pre-war levels and EU storage was only 28% full last week. Britain’s household energy price cap is projected to rise 18% in July. Euro zone inflation increased to 2.5% in March, driven partly by higher energy costs.
31 March 2026
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XRP Price Today: Why Fresh Inflows Still Can’t Stop the Slide Toward $1.30

XRP Price Today: Why Fresh Inflows Still Can’t Stop the Slide Toward $1.30

XRP fell near $1.31 Tuesday, down 2% in its third straight daily decline, as a broad crypto sell-off outweighed fresh inflows. Open interest in crypto futures dropped over 3% in 24 hours, with traders cutting leverage. XRP’s market value stood at $81.1 billion, with $1.86 billion in daily turnover. Ripple-backed Keyrock was valued at $1.1 billion after a funding round led by Standard Chartered’s SC Ventures.
31 March 2026
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Bitcoin Price Today: BTC Briefly Tops $68,000 as Iran Off-Ramp Talk Lifts Risk Mood

Bitcoin Price Today: BTC Briefly Tops $68,000 as Iran Off-Ramp Talk Lifts Risk Mood

Bitcoin rose 1.2% to $67,557 on Tuesday after briefly topping $68,000, following reports President Trump may ease the U.S. military campaign against Iran. U.S. spot bitcoin ETFs saw $69.4 million in net inflows on March 30, reversing some of last week’s outflows. Strategy reported no new bitcoin purchases for March 23-29, holding 762,099 coins at an average $75,694 each. Ether climbed 2.8% to $2,096.20.
31 March 2026
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Silver Price Today: Spot Silver Jumps 6.7% as Dollar Softens, but March Losses Still Bite

Silver Price Today: Spot Silver Jumps 6.7% as Dollar Softens, but March Losses Still Bite

Spot silver jumped 6.7% to $74.64 an ounce Tuesday as the dollar weakened and traders reacted to signs the Iran conflict may not escalate. The metal remains down 20.4% for March. Germany said it will reduce silver content in collector coins after recent price swings. The Silver Institute projects a sixth consecutive annual supply deficit despite rising mine output.
31 March 2026
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Dow Jones Today: Index Rebounds on Iran De-escalation Hopes, but Worst Month Since 2022 Still Looms

Dow Jones Today: Index Rebounds on Iran De-escalation Hopes, but Worst Month Since 2022 Still Looms

The Dow Jones rose 1.2% to 45,764.14 Tuesday as investors speculated on a possible U.S. pullback in Iran, despite the Strait of Hormuz remaining partly closed. The index remains down more than 10% from its record high and is on track for its steepest quarterly drop since early 2022. Job openings fell by 358,000 in February, while Brent crude surged 5.5% and approached a record monthly gain.
31 March 2026
US Stock Market Today: Wall Street Rallies, Nasdaq Jumps, but S&P 500 Still Faces Worst Quarter Since 2022

US Stock Market Today: Wall Street Rallies, Nasdaq Jumps, but S&P 500 Still Faces Worst Quarter Since 2022

Wall Street’s main indexes climbed Tuesday after a report that President Trump may end the U.S. military campaign against Iran even if the Strait of Hormuz remains mostly closed. The Dow rose 1.2%, the S&P 500 gained 1.5%, and the Nasdaq jumped 2.0% by early afternoon. Brent crude hovered near $119 a barrel after a tanker was hit off Dubai. U.S. job openings and hiring both fell to their lowest since March 2020.
31 March 2026
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NIO Opens First Americas Store in Costa Rica as Chinese EV Maker Pushes Overseas Growth

NIO Opens First Americas Store in Costa Rica as Chinese EV Maker Pushes Overseas Growth

NIO Inc has opened its first NIO House showroom in Costa Rica, marking its retail debut in Latin America and the Americas. The site, developed with local distributor Horizontes Cielo Azul, will sell NIO, ONVO, and Firefly brands. NIO reported fourth-quarter deliveries up 71.7% to 124,807 vehicles and revenue of 34.65 billion yuan. ONVO L90 pre-sales begin April 16 at Costa Rica’s Expomovil auto show.
31 March 2026
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Snap Stock Jumps as Activist Irenic Targets Specs, Costs and Governance

Snap Stock Jumps as Activist Irenic Targets Specs, Costs and Governance

Snap shares rose 12% to $4.50 midday Tuesday after Irenic Capital disclosed a 2.5% economic interest and urged CEO Evan Spiegel to overhaul the business. Irenic called for a review of Specs, deeper cost cuts, stronger ad execution, and governance changes. Snap reported Q4 revenue of $1.72 billion and 474 million daily active users. Class A shareholders, including Irenic, have no voting rights.
31 March 2026
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Dow, S&P 500, Nasdaq Rebound as Trump Signals Flexibility on Strait of Hormuz, but Oil Risk Lingers

Dow, S&P 500, Nasdaq Rebound as Trump Signals Flexibility on Strait of Hormuz, but Oil Risk Lingers

U.S. stocks surged Tuesday after reports President Trump was open to ending military action against Iran even if the Strait of Hormuz stayed closed. The Dow jumped 555 points by midmorning, while the S&P 500 and Nasdaq also rallied. Oil prices remained volatile, with Brent near $107 a barrel. The S&P 500 and Dow, however, were still set for their steepest monthly losses since 2022.
31 March 2026
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TQQQ, QLD Bets Grow at Wealth Advisers as Nasdaq Correction Tests Leveraged ETFs

TQQQ, QLD Bets Grow at Wealth Advisers as Nasdaq Correction Tests Leveraged ETFs

Sherman Wealth Management, Wealth Enhancement Advisory Services, and Woodward Diversified Capital disclosed large year-end stakes in leveraged Nasdaq-100 funds, SEC filings show. The Nasdaq Composite has since fallen over 10% from its October high, putting these geared positions under pressure. The reported holdings reflect December 31 positions; current exposures may differ after recent market declines.
31 March 2026
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Is Pfizer Stock a Buy? Shares Hit Fresh High as Bulls and Bears Clash Over Valuation

Is Pfizer Stock a Buy? Shares Hit Fresh High as Bulls and Bears Clash Over Valuation

Pfizer shares hit a 52-week high of $28.30 in New York Tuesday, lifted by recent drug pipeline updates and strong fourth-quarter sales. The company reported Q4 revenue of $17.56 billion and reaffirmed 2026 guidance. Some analysts remain cautious, with Acquirer’s Multiple valuing shares at $14–$15. Recent trial data showed positive results for Talzenna in prostate cancer and atirmociclib in breast cancer.
31 March 2026
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Gold Price Rebounds, but Iran War Still Leaves Bullion Facing Its Worst Month Since 2008 (Reuters)

Gold Price Rebounds, but Iran War Still Leaves Bullion Facing Its Worst Month Since 2008 (Reuters)

Gold climbed to $4,572.89 an ounce in early New York trade Tuesday but remained down 12.4% for March, its sharpest monthly drop since 2008. Brent crude rose 2.4% to $115.50 a barrel after the Strait of Hormuz closure. Silver gained 4.1% to $72.82 but was still down 22.4% for the month. Analysts cited rising bond yields, central-bank sales, and unwinding of gold-backed funds as key pressures.
31 March 2026
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Rocket Lab Stock Jumps as Germany Clears Mynaric Buyout, Putting Europe Push in Reach

Rocket Lab Stock Jumps as Germany Clears Mynaric Buyout, Putting Europe Push in Reach

Germany approved Rocket Lab’s acquisition of Mynaric, clearing the way for the $75 million deal to close in April. Rocket Lab shares rose 6.7% to $61.21 in early U.S. trading Tuesday. The purchase gives Rocket Lab its first European base in Munich and direct control over a key laser-communications supplier. Mynaric will remain headquartered in Munich after the deal closes.
31 March 2026
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Jamie Dimon Rolls Out JPMorgan’s $80 Billion American Dream Initiative as Private Markets Bet Grows (JPMorgan Chase)

Jamie Dimon Rolls Out JPMorgan’s $80 Billion American Dream Initiative as Private Markets Bet Grows (JPMorgan Chase)

JPMorgan Chase launched a $80 billion, 10-year small-business lending initiative and aims to grow its small-business clients to 10 million. The bank also hired Rand Araskog and promoted Eric Ghernati to expand its private capital unit as more companies delay going public. The program will target cities including Atlanta, Los Angeles, and Philadelphia. J.P. Morgan reiterated a Hold rating on Cushman & Wakefield.
31 March 2026
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Stock Market Today

  • SpaceX Expedites IPO to June 11, Set to List on Nasdaq Under Ticker SPCX
    May 16, 2026, 8:56 AM EDT. SpaceX, Elon Musk's aerospace company, has accelerated its initial public offering (IPO) timeline, aiming for a June 11 share sale and June 12 Nasdaq debut under the ticker 'SPCX'. Sources indicate a faster SEC review facilitated the earlier listing, originally planned for late June. The IPO is poised to be a marquee event, potentially raising $75 billion at a valuation near $1.75 trillion, marking the largest stock market flotation ever. Nasdaq's adoption of 'fast entry' rules has supported the expedited launch and inclusion in the Nasdaq-100 index. This high-profile offering could energize the recovering IPO market, aligning with other anticipated tech listings from firms like Anthropic and OpenAI.

Latest articles

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

16 May 2026
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.
Netflix Stock Holds Near $87 Ahead of Monday Signal

Netflix Stock Holds Near $87 Ahead of Monday Signal

16 May 2026
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.
Tesla’s China Rally Fades; Monday Seen Testing AI Optimism

Tesla’s China Rally Fades; Monday Seen Testing AI Optimism

16 May 2026
Tesla shares closed Friday at $422.24, down 4.75%, after no breakthrough on its driver-assistance software emerged from Trump’s Beijing summit. The stock lost 1.4% for the week, underperforming GM and NIO. Broader markets also fell, with the S&P 500 down 1.2%. Investors remain focused on China and Tesla’s Full Self-Driving approval prospects.
Palantir Steady as Nasdaq Slides Before Monday

Palantir Steady as Nasdaq Slides Before Monday

16 May 2026
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.
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