Today: 16 May 2026

Bitcoin Price Today: BTC Slips Below $66,000 as ETF Outflows, Options Expiry and Middle East Tensions Weigh

Bitcoin Price Today: BTC Slips Below $66,000 as ETF Outflows, Options Expiry and Middle East Tensions Weigh

Bitcoin dropped over 4% Friday, falling below $66,000 and triggering losses across crypto stocks and ether. About $14 billion in bitcoin options were set to expire, while spot bitcoin ETFs saw $171 million in outflows. Citigroup cut its 12-month bitcoin target to $112,000. MARA sold 15,133 bitcoin for $1.1 billion to fund debt repurchases.
US Stock Market Today: S&P 500, Nasdaq Hit Six-Month Lows as Oil Surge Rattles Wall Street

US Stock Market Today: S&P 500, Nasdaq Hit Six-Month Lows as Oil Surge Rattles Wall Street

The S&P 500 and Nasdaq fell to six-month lows Friday as tech shares slid and oil prices surged, with Brent crude up 2.36% to $110.55 a barrel. The Nasdaq entered correction territory after a 2.4% drop Thursday. Nvidia, Microsoft, Alphabet, and Meta all declined, while Carnival dropped 4% and Unity Software gained 10.5%. U.S. consumer sentiment hit its lowest since December, and gas prices rose to $3.98 per gallon.
Gold Price Today: Spot Gold Rebounds 3.6% After Selloff as War, Rate Fears Jolt Market

Gold Price Today: Spot Gold Rebounds 3.6% After Selloff as War, Rate Fears Jolt Market

Spot gold jumped 3.6% to $4,536.29 an ounce in New York, rebounding after hitting a four-month low earlier in the week. Oil stayed above $110 a barrel, fueling inflation concerns and erasing market bets on U.S. rate cuts this year. Silver rose 4.4% to $71.01 an ounce, with platinum and palladium also higher. U.S. 10-year Treasury yields climbed to about 4.44% and the dollar index extended gains.
27 March 2026
Dow Jones Industrial Average Today: DJIA Falls as Oil Tops $110 and Fed Cut Hopes Fade

Dow Jones Industrial Average Today: DJIA Falls as Oil Tops $110 and Fed Cut Hopes Fade

The Dow Jones fell 0.9% by midday Friday, extending Thursday’s 469-point drop as oil prices surged and Middle East tensions persisted. The S&P 500 dropped 0.88% and the Nasdaq slid 1.33%, hitting a six-month low. Brent crude rose to $110.55 a barrel. U.S. consumer sentiment fell to a three-month low, with inflation expectations climbing, according to a University of Michigan survey.
Tesla Stock Falls as New Delivery Forecast Raises Fresh Demand Questions

Tesla Stock Falls as New Delivery Forecast Raises Fresh Demand Questions

Tesla shares fell 1.4% to $366.75 Friday after the company’s analyst consensus showed 2026 vehicle deliveries dropping to 1.689 million, down from January’s 1.723 million estimate. First-quarter deliveries slid to 365,645 vehicles, below the previous quarter’s 418,227. The Nasdaq dropped 1.33% amid Middle East tensions and rising oil prices. Tesla lost the global EV sales lead to BYD in 2025 after a second year of declines.
Unity Software Stock Price Surges 11% After Q1 Revenue Beat, Ad Exit Plan

Unity Software Stock Price Surges 11% After Q1 Revenue Beat, Ad Exit Plan

Unity shares jumped 11% to $19.01 after the company raised its first-quarter revenue and profit outlook and announced plans to shut the ironSource Ads Network and sell Supersonic. Unity now expects Q1 revenue of $505–$508 million and adjusted EBITDA of $130–$135 million, both above previous targets. The moves follow a steep decline in the stock earlier this year.
VIX Surges Toward 30, CRB Rises as Iran Oil Shock Rattles Wall Street

VIX Surges Toward 30, CRB Rises as Iran Oil Shock Rattles Wall Street

The VIX jumped 8.1% to 29.65 on Friday as Brent crude rose 2.5% to $110.70, with the Nasdaq falling into correction territory. Money markets priced a 60% chance of a Fed rate hike this year amid conflict near the Strait of Hormuz. Major airlines and travel stocks dropped on higher fuel costs. Treasuries, yen, and gold failed to provide shelter as volatility surged.
Microsoft Stock Heads for Worst Stretch Since 2009 as OpenAI, Copilot Worries Deepen

Microsoft Stock Heads for Worst Stretch Since 2009 as OpenAI, Copilot Worries Deepen

Microsoft shares fell 2.1% to $358.38 Friday, down 34% from their October 2025 peak, marking the worst six-month stretch since 2009. Investors are questioning the payoff from Microsoft’s heavy AI spending and deep ties to OpenAI. UBS cut its target price to $510, citing weak Copilot adoption, while Bank of America reinstated a Buy rating. Microsoft posted $81.3 billion in quarterly revenue, but capital expenditures hit $37.5 billion.
TQQQ Slides Toward $40 as Nasdaq Correction Tests Leveraged QQQ Trade

TQQQ Slides Toward $40 as Nasdaq Correction Tests Leveraged QQQ Trade

ProShares UltraPro QQQ fell to $39.67 Friday morning, extending a steep drop as the Nasdaq-100 correction deepened. The $23 billion leveraged ETF, which targets triple the index’s daily return, tracked sharper losses than unleveraged QQQ, while inverse SQQQ rose 3.1%. Oil and Treasury yields climbed as investors reacted to Middle East tensions and inflation risks. Trading volumes spiked, reflecting heightened volatility.
27 March 2026
Meta and Alphabet Stocks Slide Again After Social Media Addiction Verdicts Raise Liability Fears

Meta and Alphabet Stocks Slide Again After Social Media Addiction Verdicts Raise Liability Fears

Meta and Alphabet shares fell Friday after U.S. juries found them negligent in child-safety cases, awarding $6 million in Los Angeles and $375 million in New Mexico. Meta was assigned most damages in both cases, which focused on app design features like infinite scroll. The rulings triggered renewed calls in Congress to tighten online child safety laws. Meta said it will appeal.
Intel Stock Today: Shares Drop Near $44 as Fresh Chip Launch Runs Into Nasdaq Correction

Intel Stock Today: Shares Drop Near $44 as Fresh Chip Launch Runs Into Nasdaq Correction

Intel shares slipped 1.2% to $43.58 in early Friday trading after rolling out new Core Ultra Series 3 chips and Arc Pro graphics cards. The launch followed a brief rally in CPU stocks but came as the Nasdaq entered correction territory and concerns over supply constraints persisted. Intel warned of server CPU shortages in China, with some lead times stretching to six months and prices up over 10%.
27 March 2026
CrowdStrike Stock Back in Focus as Cybersecurity Spending Holds Up, AI Debate Shifts

CrowdStrike Stock Back in Focus as Cybersecurity Spending Holds Up, AI Debate Shifts

CrowdStrike shares closed Thursday up 1.75% at $392.62, still 31% below their 52-week high. The company launched Charlotte AI AgentWorks with partners including AWS and Anthropic at the RSA Conference on March 25. Fiscal 2026 revenue rose 22% to $4.81 billion, with annual recurring revenue at $5.25 billion. IBM expanded its partnership, integrating CrowdStrike’s AI into its threat-operations system.
Snap Stock Price Slides After EU Child-Safety Probe Hits Snapchat Parent

Snap Stock Price Slides After EU Child-Safety Probe Hits Snapchat Parent

Snap shares fell 10.7% to $4.01 after the EU launched a formal probe into Snapchat’s child-safety and content controls under the Digital Services Act. Meta and Alphabet also dropped after a U.S. jury found them negligent in a social-media harm case. The EU investigation could lead to fines of up to 6% of Snap’s global sales. Snap said it is cooperating with regulators.
27 March 2026
Why MARA Stock Is Rising: $1.1 Billion Bitcoin Sale Cuts Debt, Backs AI Push

Why MARA Stock Is Rising: $1.1 Billion Bitcoin Sale Cuts Debt, Backs AI Push

MARA Holdings shares rose 3.6% premarket Friday after the company sold $1.1 billion in bitcoin to fund a discounted buyback of $1 billion in convertible notes. The move cut MARA’s outstanding convertible debt by about 30%. Bitcoin fell nearly 4%, while rival miners Riot Platforms and CleanSpark dropped over 6%. MARA reported a $1.7 billion net loss for Q4 as energy costs surged and digital asset values declined.
Circle’s CLARITY Act Selloff May Be Overdone as Stablecoin Draft Hits Coinbase Harder

Circle’s CLARITY Act Selloff May Be Overdone as Stablecoin Draft Hits Coinbase Harder

Circle shares plunged 20% Tuesday, their steepest drop on record, after a Senate draft bill targeted rewards for holding stablecoins. The draft bars digital asset providers from paying interest solely for holding payment stablecoins but allows transaction-based incentives. Analysts at Bernstein and Citigroup said the selloff may have overshot, noting the bill does not restrict reserve income earned by issuers like Circle.
Alphabet Stock News: Nordea Rejigs Google Stake as BDF Gestion, Tompkins Trim Holdings

Alphabet Stock News: Nordea Rejigs Google Stake as BDF Gestion, Tompkins Trim Holdings

Nordea raised its Alphabet Class C (GOOG) stake by 4.9% but cut its Class A (GOOGL) holding by 20.1% in fourth-quarter filings. BDF Gestion and Tompkins Financial also trimmed smaller Alphabet positions. The disclosures come as Alphabet shares fall after a legal loss for Google and a broader tech selloff. The filings reflect holdings as of Dec. 31, not current trades.
Nvidia Stock Price Falls 4%: Why Huawei, China Risk and a Nasdaq Correction Matter Now

Nvidia Stock Price Falls 4%: Why Huawei, China Risk and a Nasdaq Correction Matter Now

Nvidia shares fell 4.16% to $171.24 on Thursday, cutting its market value to $4.53 trillion. Huawei’s new 950PR chip, set for mass production next month, has drawn orders from ByteDance and Alibaba. U.S. senators urged a pause on Nvidia exports to China after universities linked to the PLA bought restricted chips. The Nasdaq closed 10.7% below its October peak, confirming a correction.

Stock Market Today

  • Lean Hog Futures Drop Amid Lower USDA Slaughter Numbers
    May 16, 2026, 1:00 PM EDT. Lean hog futures declined between $1.02 and $1.85 on Friday, pressured by lower USDA national base hog prices and a reduced slaughter estimate. The USDA reported a national base hog price of $91.87 and a CME Lean Hog Index down 26 cents to $90.48 as of May 13. Pork carcass cutout value rose by 90 cents to $97.45 per hundredweight, with declines noted in belly and rib primals. Federally inspected hog slaughter was estimated at 464,000 head Thursday, down 37,000 from last week and 17,469 below the prior year. Market participants are watching supply impacts and cutout values amid these shifts.

Latest articles

AT&T Stock Dips Again; Monday’s Test Seen as Key

AT&T Stock Dips Again; Monday’s Test Seen as Key

16 May 2026
AT&T shares fell 2.52% to $24.03 on Friday, capping a 4.5% weekly drop and underperforming Verizon and T-Mobile. The decline followed news of a planned joint venture with Verizon and T-Mobile to address rural wireless dead zones and the FCC’s approval of AT&T’s $23 billion spectrum purchase from EchoStar. Trading resumes Monday after the NYSE weekend closure.
Zoetis Drops to 52-Week Low, Monday Open in Focus

Zoetis Drops to 52-Week Low, Monday Open in Focus

16 May 2026
Zoetis shares closed at $74.22 Friday, down 1.67% after hitting a 52-week low of $72.38. The stock has dropped 33% since May 6, following weak first-quarter results and lowered 2026 guidance. U.S. companion animal sales fell 11%, and analysts cut price targets. The next NYSE session is Monday.
Medtronic Shares Near One-Year Lows as NYSE Open Looms After Friday Drop

Medtronic Shares Near One-Year Lows as NYSE Open Looms After Friday Drop

16 May 2026
Medtronic closed Friday at $76.15, down 1.07%, hovering just above its 52-week low of $74.40. The stock matched its previous week’s close after dipping to that low on Monday. Wall Street’s broader selloff weighed on shares ahead of Medtronic’s June 3 earnings report. The NYSE reopens Monday at 9:30 a.m. ET.
Babcock & Wilcox faces $200 million hurdle after 50% rally

Babcock & Wilcox faces $200 million hurdle after 50% rally

16 May 2026
Babcock & Wilcox Enterprises closed a $200 million common-stock sale at $18.50 per share, below Friday’s $21.85 close, adding 10.8 million new shares. The stock surged 50% for the week after first-quarter revenue rose 44% to $214.4 million and backlog jumped 483% to $2.7 billion. The offering is set to close Monday when the NYSE reopens.
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