Today: 16 May 2026

Coherent Corp back in focus after Nvidia deal as exec says pact will aid wider AI data-center push

Coherent Corp back in focus after Nvidia deal as exec says pact will aid wider AI data-center push

Coherent Corp shares closed at $243.48 Friday, little changed after a volatile session. Senior vice president Steve Rummel told a Pittsburgh summit the company’s multibillion-dollar deal with Nvidia will support the wider industry, not just one customer. Coherent joined the S&P 500 on March 23 and reported fiscal Q2 revenue of $1.69 billion, up 17% year over year.
29 March 2026
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Ciena Corporation Stock Swings After Insider Sale Filing as AI Networking Boom Gets Tested

Ciena Corporation Stock Swings After Insider Sale Filing as AI Networking Boom Gets Tested

Ciena shares rose 3.5% to $401.61 Friday after a Form 144 filing showed Blue Planet head Joe Cumello plans to sell 1,773 shares. The filing follows record Q1 revenue of $1.43 billion and a raised 2026 sales outlook. Cumello previously sold 11,929 shares in January for $2.74 million. Ciena’s stock has swung sharply this week, hitting a high of $446.89 and a low of $387.40.
29 March 2026
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Aurora Innovation Stock Slides as $10 Billion Driverless Truck Bet Enters 2026 Test

Aurora Innovation Stock Slides as $10 Billion Driverless Truck Bet Enters 2026 Test

Aurora Innovation shares closed at $4.12 Friday, down 2.6%, valuing the self-driving truck firm at about $9.95 billion. The company reported $3 million in 2025 revenue and a $238 million operating loss last quarter, but expects to operate over 200 driverless trucks by year-end. Aurora says its driverless fleet has logged 250,000 miles without a collision. Fourth-quarter revenue was $1 million.
29 March 2026
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Oil Prices Week Ahead: Brent Near $113 With Hormuz Talks, Houthi Risk and OPEC+ in Focus

Oil Prices Week Ahead: Brent Near $113 With Hormuz Talks, Houthi Risk and OPEC+ in Focus

Brent crude closed at $112.57 a barrel Friday, up 4.2%, and WTI at $99.64, up 5.5%, as traders doubted a quick Gulf ceasefire. Houthis’ entry into the conflict has nearly halted flows through the Strait of Hormuz, causing the largest supply disruption on record, according to the IEA. Two Chinese ships turned back Friday, and tanker traffic remains limited. OPEC+ meets April 5 to review output.
29 March 2026
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Mortgage Rates Today, Week Ahead: 30-Year Home Loans Near Six-Month High as Jobs Report Looms

Mortgage Rates Today, Week Ahead: 30-Year Home Loans Near Six-Month High as Jobs Report Looms

U.S. mortgage rates climbed to near six-month highs, with Mortgage News Daily reporting 6.64% and Freddie Mac’s weekly average at 6.38%, up from 6.22%. The Mortgage Bankers Association said 30-year contract rates rose 13 basis points to 6.43% and mortgage applications dropped 10.5%. Treasury yields rose as investors braced for inflation from higher oil prices tied to Middle East tensions. Key U.S. economic data releases are scheduled for this week.
29 March 2026
Natural Gas Price Week Ahead: Can Henry Hub Hold Above $3 as LNG Outages Tighten Global Supply?

Natural Gas Price Week Ahead: Can Henry Hub Hold Above $3 as LNG Outages Tighten Global Supply?

U.S. May Henry Hub natural gas futures rose 3.65% to $3.035 per mmBtu Friday after Chevron warned its Wheatstone LNG plant in Australia may take weeks to return to full output. European gas storage remains low, with EU stocks at 28% and the Netherlands at 6%. Dutch TTF April gas traded near $17.63 per mmBtu. U.S. storage stood at 1,829 bcf on March 20, slightly above the five-year average.
29 March 2026
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XRP Price Week Ahead: Why Jobs Data and Iran Risk Could Drive the Next Move

XRP Price Week Ahead: Why Jobs Data and Iran Risk Could Drive the Next Move

XRP traded near $1.32 after falling 5% over the past week, with 24-hour losses at 1.7%, according to Coinbase. The token faces key U.S. economic data next week, including the March payrolls report due April 3 when stock markets are closed. XRP futures and options contracts rolled over March 27. Ripple announced AI-assisted testing for the XRP Ledger on March 26.
29 March 2026
Bitcoin Price Week Ahead: Why $66,000 Is in Focus After ETF Outflows and Ahead of U.S. Jobs Data

Bitcoin Price Week Ahead: Why $66,000 Is in Focus After ETF Outflows and Ahead of U.S. Jobs Data

Bitcoin traded near $66,300 Sunday after two days of heavy outflows from U.S. spot bitcoin ETFs, which lost about $296 million last week. The March 27 bitcoin options expiry on Deribit reached $14 billion, nearly 40% of open interest. Ether hovered around $1,991, while Coinbase Global and Strategy shares fell sharply Friday. U.S. payroll data is due April 3, with Wall Street closed for Good Friday.
29 March 2026
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Silver Price Forecast for the Week Ahead: Payrolls, Powell and Iran Oil Risk Put $70 in Play

Silver Price Forecast for the Week Ahead: Payrolls, Powell and Iran Oil Risk Put $70 in Play

Spot silver rose 2.2% to $69.54 an ounce Friday, rebounding amid haven demand tied to the Iran war and shifting U.S. rate expectations. Oil, the dollar, and Treasury yields all moved higher, capping silver’s rally. U.S. nonfarm payrolls data is due April 3, when markets will be closed for Good Friday, likely pushing key trading into Thursday. Silver remains volatile after hitting a record $121.6 in January.
29 March 2026
Gold Price Week Ahead: Friday’s Rebound Faces a Tough Test From Payrolls, Oil and Hormuz Talks

Gold Price Week Ahead: Friday’s Rebound Faces a Tough Test From Payrolls, Oil and Hormuz Talks

Gold surged nearly 3% Friday to $4,504.79 an ounce but faces pressure from rising oil prices and U.S. Treasury yields, which climbed above 4.4%. Brent crude settled at $112.57 a barrel. U.S. jobs data and manufacturing PMI are due this week, with markets closed for Good Friday. Physical demand in India and China remains subdued despite central bank buying.
29 March 2026
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US Stock Market Week Ahead: Dow Correction, Good Friday Jobs Report and Oil Jolt Put Wall Street on Edge

US Stock Market Week Ahead: Dow Correction, Good Friday Jobs Report and Oil Jolt Put Wall Street on Edge

The Dow joined the Nasdaq in correction territory Friday, while the S&P 500 fell for a fifth straight week. Treasury yields climbed above 4.4% and oil neared $100 a barrel. The NYSE will be closed for Good Friday, delaying market reaction to Friday’s payrolls report. Consumer confidence, retail sales, and ISM manufacturing data are due earlier in the week.
29 March 2026
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Grab Holdings’ $600 Million Foodpanda Taiwan Deal Faces Fresh Scrutiny Over Uber Stake

Grab Holdings’ $600 Million Foodpanda Taiwan Deal Faces Fresh Scrutiny Over Uber Stake

Grab said Uber’s voting rights are below 4% as Taiwan regulators review its $600 million bid for Foodpanda Taiwan. The deal would mark Grab’s first expansion outside Southeast Asia, with closing expected in late 2026 and full migration to the Grab app by early 2027. Taiwan’s Fair Trade Commission is focusing on “actual control” and potential market abuse. Foodpanda Taiwan handled $1.8 billion in orders in 2025.
29 March 2026
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Plug Power Stock Slides as CEO Crespo Reaffirms 2028 Profit Path

Plug Power Stock Slides as CEO Crespo Reaffirms 2028 Profit Path

Plug Power shares fell to $2.18 Friday, capping a four-day slide, as CEO Jose Luis Crespo reaffirmed targets for positive EBITDA in late 2026 and full profitability in 2028. The company reported $368.5 million in unrestricted cash at 2025’s end and expects $132.5 million from a data-center asset sale. Plug posted a 2025 net loss of $1.63 billion despite a fourth-quarter gross profit.
29 March 2026
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USA Rare Earth Stock Price Falls Despite Stillwater Magnet-Line Startup

USA Rare Earth Stock Price Falls Despite Stillwater Magnet-Line Startup

USA Rare Earth shares fell 3.6% to $15.42 Friday after launching Phase 1a of its Stillwater, Oklahoma magnet plant, which will begin filling orders in Q2. The company expects the line to reach 600 metric tons annual capacity by end-2026, with a second line planned for 2027. The drop followed a broader market selloff. USA Rare Earth recently agreed to acquire full control of the Round Top deposit in Texas.
29 March 2026
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Eli Lilly and Company Stock Price: LLY Closes at $878.24 as Insilico Deal, Trial Data Put Monday in Focus

Eli Lilly and Company Stock Price: LLY Closes at $878.24 as Insilico Deal, Trial Data Put Monday in Focus

Eli Lilly secured a global licensing and research deal with Insilico Medicine worth up to $2.75 billion, including $115 million upfront. Lilly’s shares closed Friday at $878.24, down 2.1%. The company also reported positive late-stage results for Taltz with Zepbound in psoriatic arthritis and for eczema drug Ebglyss. Novo Nordisk launched a rival oral obesity pill in the U.S. earlier this month.
29 March 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 29.03.2026

LIVEMarkets rolling coverageStarted: March 29, 2026, 12:00 AM EDTUpdated: March 29, 2026, 11:59 PM EDT Kailera Biotech Plans IPO for Phase 3 Obesity Drug from Hengrui March 29, 2026, 11:59 PM EDT. Kailera Biotech, a well-funded biotech startup, is preparing for an initial public offering (IPO) as it advances its obesity drug candidate to Phase 3 trials. The move aims to enter a competitive market currently dominated by established players like Eli Lilly and Novo Nordisk. The company hopes the IPO will support continued development and commercialization efforts amid rising demand for effective obesity treatments. Undervalued Pet Sector Stock Rises
29 March 2026
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Duolingo Stock Drops Again as AI Growth Pivot Keeps DUOL Under Pressure

Duolingo Stock Drops Again as AI Growth Pivot Keeps DUOL Under Pressure

Duolingo shares dropped 2.8% to $95.35 Friday after the company forecast slower bookings growth and lower profit margins for 2026. Management is shifting focus to user growth, moving AI features to cheaper tiers and cutting ads, which could cost over $50 million in bookings this year. BofA Securities downgraded the stock, citing concerns over marketing. CFO Gillian Munson received 133,753 restricted stock units this week.
28 March 2026
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Stock Market Today

  • Brazilian Real Weakness Drives Coffee Prices Down Amid Record Crop Forecasts
    May 16, 2026, 11:10 AM EDT. Coffee prices fell sharply on Friday with July arabica down 3.19% and robusta down 3.50%, hitting a 9-month and a 1-week low respectively. The Brazilian real (^USDBRL) weakened to a 5-week low against the dollar, encouraging Brazilian coffee exports and pressuring prices. Analysts expect Brazil's 2026/27 coffee crop to increase by up to 15.5%, with projections between 71.4 million and 75.9 million bags, raising concerns of a global surplus. ICE coffee inventories have tightened recently, supporting prices, but factors like rising Vietnamese robusta exports and the ongoing Strait of Hormuz closure that disrupts supply chains create mixed signals. The USDA also forecasts a 2% rise in global coffee output in 2025/26, with arabica expected to decline 4.7%. This complex mix of supply dynamics and currency movement is driving current coffee market volatility.

Latest articles

Devon Energy Jumps on Friday, Faces Investors’ Next Move Monday

Devon Energy Jumps on Friday, Faces Investors’ Next Move Monday

16 May 2026
Devon Energy shares surged 4.76% to $49.49 Friday, outperforming peers as crude prices climbed and investors reacted to its completed Coterra merger. The company announced an $8 billion buyback and raised its dividend to $0.320 per share. U.S. crude settled at $105.42 a barrel. Devon reported first-quarter net earnings of $120 million and $1.7 billion in operating cash flow.
Starbucks Heads for Monday Breakout Test After $400 Million Layoffs

Starbucks Heads for Monday Breakout Test After $400 Million Layoffs

16 May 2026
Starbucks will cut 300 U.S. corporate jobs and close several regional support offices, part of its “Back to Starbucks” turnaround plan. The company expects $400 million in restructuring charges, mostly non-cash write-downs. Shares closed Friday at $106.82, near a 52-week high, after reporting 6.2% global comparable sales growth last quarter. The cuts do not affect cafe workers.
NextEra Shares Face Monday After $400 Billion Dominion Report Over Weekend

NextEra Shares Face Monday After $400 Billion Dominion Report Over Weekend

16 May 2026
NextEra Energy shares fell 2.42% to $93.36 Friday after reports of possible merger talks with Dominion Energy, a deal that could value the combined utility at about $400 billion including debt. Both companies declined to comment. Dominion closed at $61.73, down 2%. Investors await any official statements or deal terms before markets reopen Monday.
Atlassian Shares Jump 8% on Friday, Eyes on Monday for AI Interest

Atlassian Shares Jump 8% on Friday, Eyes on Monday for AI Interest

16 May 2026
Atlassian shares jumped 8.16% to $87.46 Friday but ended the week down 4.5%. Truist Securities reiterated a Buy rating and $100 target after the Team 26 event, citing AI monetization as a key issue. Nasdaq regular trading resumes Monday. Atlassian last posted a fiscal Q3 revenue gain of 32% year-over-year to $1.787 billion but reported a GAAP operating loss of $56.3 million.
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