Today: 16 May 2026

NVIDIA Corporation Puts $2 Billion Into Marvell as AI Chip Race Turns to Custom Designs

NVIDIA Corporation Puts $2 Billion Into Marvell as AI Chip Race Turns to Custom Designs

Nvidia invested $2 billion in Marvell Technology and expanded a partnership to integrate Marvell’s custom AI chips and networking with Nvidia systems. Nvidia shares rose 5.6%, Marvell jumped 12.8%. Marvell will supply processors compatible with Nvidia’s NVLink Fusion and collaborate on silicon photonics. The agreement follows a period of volatility for Nvidia’s stock and rising competition in AI chips.
31 March 2026
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RH Stock Tumbles After Revenue Miss, Weak Q1 Outlook Clouds Luxury Expansion Push

RH Stock Tumbles After Revenue Miss, Weak Q1 Outlook Clouds Luxury Expansion Push

RH shares fell sharply in after-hours trading Tuesday after the company missed fourth-quarter revenue and earnings estimates, reporting $842.6 million in revenue and $1.53 per share in adjusted earnings. The retailer warned first-quarter sales would decline 2% to 4%. RH cited $30 million in tariff-related impacts and $10 million from weather disruptions. The stock dropped from $139.98 to $114.07 after the report.
31 March 2026
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Nike Q3 Earnings Beat Estimates as Turnaround Gains Traction, but China and Tariffs Still Hurt

Nike Q3 Earnings Beat Estimates as Turnaround Gains Traction, but China and Tariffs Still Hurt

Nike reported flat third-quarter revenue at $11.28 billion, beating Wall Street estimates, but net income fell 35% to $520 million. Sales to retail partners rose 5%, offsetting a 4% drop in Nike Direct, while Greater China revenue slid 7%. Gross margin dropped to 40.2% due to higher North America tariffs. CEO Elliott Hill faces continued pressure as the company works to regain investor confidence.
31 March 2026
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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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Stock Market Today

  • US Stock Markets Fall on Inflation Concerns and Rising Oil Prices on May 15, 2026
    May 16, 2026, 9:40 AM EDT. Dow, S&P 500, and Nasdaq closed sharply lower amid inflation jitters as U.S. oil prices surged to $105 a barrel. Treasury yields rose, intensifying pressure on the markets. The Cboe Volatility Index (VIX), known as Wall Street's 'fear gauge,' jumped 11.8% to 19.2, marking its highest level since late April, signaling increased investor anxiety. Despite an earlier rally, semiconductor stocks paused their gains as stock futures tumbled. The market reacted to signs of inflation and tightening financial conditions, driving cautious sentiment among investors.

Latest articles

UiPath shares up 6% ahead of earnings, traders look for what moves PATH next

UiPath shares up 6% ahead of earnings, traders look for what moves PATH next

16 May 2026
UiPath shares jumped 6.2% to $10.27 on Friday, outpacing a broader tech selloff that saw the Nasdaq drop 1.5%. The stock remains down 4.8% for the week, despite a late rebound. Investors are positioning ahead of UiPath’s May 28 earnings, with analysts expecting 13 cents per share on $397.5 million revenue. Friday’s trading volume reached 47.17 million shares, the highest of the week.
Berkshire Pushes Macy’s, Inc. Stock—What’s Next for Traders Before Monday

Berkshire Pushes Macy’s, Inc. Stock—What’s Next for Traders Before Monday

16 May 2026
Berkshire Hathaway disclosed a new stake of 3,038,355 Macy’s shares, worth about $55 million, in a May 15 filing. Macy’s stock rose 6.3% in after-hours trading after the news, following a 5.5% weekly drop. The company’s fiscal 2026 sales outlook remains below 2025 levels, with earnings guidance also lower. CEO Tony Spring described the environment as uncertain in March.
UnitedHealth Faces Monday Trading After Berkshire Sale and Friday Dip

UnitedHealth Faces Monday Trading After Berkshire Sale and Friday Dip

16 May 2026
Berkshire Hathaway disclosed Friday it sold its UnitedHealth stake in the first quarter, sending UnitedHealth shares down 1.31% to $393.85. After-hours trading pushed the stock to $375.46. UnitedHealth had gained 3.7% for the week before the disclosure. The NYSE will reopen for regular trading Monday at 9:30 a.m. ET.
Delta Stock Moves After Berkshire’s $2.65 Billion Stake

Delta Stock Moves After Berkshire’s $2.65 Billion Stake

16 May 2026
Delta Air Lines shares rose 3.2% to $72.45 in after-hours trading Friday after Berkshire Hathaway disclosed a 6.1% stake worth about $2.65 billion as of March 31. The filing showed Warren Buffett’s firm held 39.8 million shares, marking a return to the sector after selling airline stakes in 2020. Delta closed down 1.84% in the regular session. U.S. markets reopen Monday.
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