Today: 16 May 2026

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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Blackstone Names Tommy Fleetwood First Global Brand Ambassador as Wealth Management Push Heats Up

Blackstone Names Tommy Fleetwood First Global Brand Ambassador as Wealth Management Push Heats Up

Blackstone named golfer Tommy Fleetwood as its first global brand ambassador as it targets wealthy individual investors, with private-wealth assets reaching $302 billion at end-2025. Fleetwood, ranked world No. 4, will wear Blackstone’s logo and appear at client events. The move comes as rivals like Carlyle expand in private wealth and U.S. regulators consider opening retirement plans to private assets.
31 March 2026
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Marvell Stock Back in Focus After Nvidia’s $2 Billion Bet on AI Networking

Marvell Stock Back in Focus After Nvidia’s $2 Billion Bet on AI Networking

Nvidia invested $2 billion in Marvell Technology and expanded their AI infrastructure partnership, sending Marvell shares higher in premarket trading Tuesday. Marvell projects fiscal 2027 revenue near $11 billion after reporting record 2026 sales and a 21% jump in fourth-quarter data-center revenue. The deal focuses on custom AI chips and high-speed networking. Broadcom is also targeting this market.
31 March 2026
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Oracle Layoffs Hit India After 6 a.m. Emails, Raising Fresh AI Spending Questions

Oracle Layoffs Hit India After 6 a.m. Emails, Raising Fresh AI Spending Questions

Oracle employees in India began receiving layoff emails early Tuesday, with no official headcount disclosed by late in the day, Indian media reported. The company’s latest filing raised estimated fiscal 2026 restructuring costs to $2.1 billion, mostly for severance. Oracle is continuing with $50 billion in planned capital spending for AI data centers.
31 March 2026
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India Stock Market Outlook: Sensex, Nifty Enter New Fiscal Year on Edge as Oil Surges, Rupee Cracks 95

India Stock Market Outlook: Sensex, Nifty Enter New Fiscal Year on Edge as Oil Surges, Rupee Cracks 95

The Sensex fell 1,635.67 points and the Nifty 50 dropped 488.2 points on Monday, capping their worst fiscal-year losses since 2020. The rupee hit a record low of 95.21 per dollar before closing at 94.83, down 11% for the year. Foreign investors pulled $19.69 billion from Indian equities, while Brent crude hovered near $115 a barrel. Indian cash markets are closed March 31 and April 3.
31 March 2026
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Michigan Approves $276.6 Million Consumers Energy Rate Hike, Bigger Bills Due in May

Michigan Approves $276.6 Million Consumers Energy Rate Hike, Bigger Bills Due in May

Michigan regulators approved a $276.6 million electricity rate increase for Consumers Energy, raising typical residential bills by $6.46 per month starting May 1. The Michigan Public Service Commission cut nearly 40% from the company’s original request. Consumers serves about 1.9 million customers statewide. Attorney General Dana Nessel criticized the decision as another burden on households.
31 March 2026
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Michigan Gas Prices Near $4 as F-150 Fill-Ups Top $100 and Drivers Line Up for Cheaper Gas

Michigan Gas Prices Near $4 as F-150 Fill-Ups Top $100 and Drivers Line Up for Cheaper Gas

Michigan’s average gas price fell to $3.915 a gallon Tuesday, according to AAA, but remains 92 cents higher than a month ago. Filling a 26-gallon Ford F-150 now costs about $102. The U.S. average topped $4 for the first time in over three years as the Iran war disrupted oil shipments. Some Michigan stations, like a Sam’s Club in Madison Heights, offered regular for $3.49, drawing long lines.
31 March 2026
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Goldman Sachs Keeps $5,400 Gold Price Target After Gold’s Worst Month Since 2008

Goldman Sachs Keeps $5,400 Gold Price Target After Gold’s Worst Month Since 2008

Gold rose 1.1% to $4,559.46 an ounce Tuesday but remains down over 13% for March, its steepest monthly drop since 2008. Goldman Sachs maintained its $5,400 end-2026 target, while HSBC and Commerzbank were less bullish. Central-bank gold buying slowed in January, according to the World Gold Council. Analysts cited high oil prices, a strong dollar, and fading Fed cut hopes as risks.
31 March 2026
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Atmos Energy Extends $3 Billion Credit Lines to 2029 and 2031 as Texas Blast Scrutiny Builds

Atmos Energy Extends $3 Billion Credit Lines to 2029 and 2031 as Texas Blast Scrutiny Builds

Atmos Energy extended maturities on two $1.5 billion credit lines to 2029 and 2031, according to a March 30 SEC filing. The move comes as the utility faces scrutiny after a March 19 home explosion in Lake Dallas, where a lawsuit alleges gas migrated from Atmos facilities; the company says its system is operating normally. Atmos expects $4.2 billion in capital spending for fiscal 2026 and reaffirmed its earnings guidance.
31 March 2026
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Hong Kong Stocks Edge Up After China PMI Beat, Yet Hang Seng Books Worst Month Since January 2024

Hong Kong Stocks Edge Up After China PMI Beat, Yet Hang Seng Books Worst Month Since January 2024

The Hang Seng Index rose 0.15% to 24,788.14 on Tuesday but ended March down 6.9%, its worst month since January 2024. The Hang Seng Tech Index dropped about 10% for the month, while the Shanghai Composite fell 6.5%. Stronger Chinese factory data contrasted with worries over Middle East conflict and rising energy costs. Japan’s Nikkei lost nearly 13% in March; South Korea’s Kospi shed 19%.
31 March 2026
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 31.03.2026

LIVEMarkets rolling coverageStarted: March 31, 2026, 12:00 AM EDTUpdated: March 31, 2026, 11:57 PM EDT Nasdaq Top and Bottom Stocks at 2:45 p.m. EDT on March 31, 2026 March 31, 2026, 11:48 PM EDT. At 2:45 p.m. EDT on March 31, 2026, Nasdaq showcased a clear divide between its leading and lagging stocks. Market data sourced from ICE Data Services and FactSet highlighted which equities drove gains and which pressured the index. Investors track these metrics to gauge sector performance and market sentiment. Data integrity was ensured by FactSet, the SEC, and Quartr filings, with additional insights from TradingView. Coca-Cola
31 March 2026
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Snap Stock Rebounds, but EU Child-Safety Probe Keeps Pressure on Snapchat Owner

Snap Stock Rebounds, but EU Child-Safety Probe Keeps Pressure on Snapchat Owner

Snap Inc shares rose 2.5% Monday to $4.02, rebounding slightly after last week’s EU child-safety probe sent the stock near a 52-week low. Brussels is investigating Snapchat under the Digital Services Act for possible failures to protect minors from grooming and illegal content. Snap said it is cooperating. The company is under regulatory pressure globally as it shifts focus to subscriptions and direct revenue.
31 March 2026
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New Hampshire Moves on Bitcoin ATM Scam Bill as Seniors Bear Heavy Fraud Losses

New Hampshire Moves on Bitcoin ATM Scam Bill as Seniors Bear Heavy Fraud Losses

The New Hampshire Senate approved a bill requiring cryptocurrency ATM operators to refund scam victims who report fraud within 14 days. Losses at Bitcoin ATMs nationwide topped $65 million in the first half of 2024, with older Americans making up 71% of reported losses. The bill also mandates identity checks, daily transaction caps, and a 48-hour hold on first-time transactions. The measure now heads to the House.
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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