Today: 16 May 2026

Snap Inc. Stock Price Falls 11% as EU Probe Sparks Fresh Child-Safety Fears

Snap Inc. Stock Price Falls 11% as EU Probe Sparks Fresh Child-Safety Fears

Snap Inc. shares fell nearly 11% to $4.01 Thursday, hitting a 52-week low after the EU launched a probe into Snapchat’s protections for minors and illegal goods. The drop followed a California verdict finding Meta and Google negligent over features harmful to young users. Meta shares fell 8%, Pinterest 3.9%. Brussels is investigating Snap under the Digital Services Act, which allows fines up to 6% of global sales.
26 March 2026
BMNR stock slides after Bitmine Immersion Technologies launches MAVAN despite B. Riley target hike

BMNR stock slides after Bitmine Immersion Technologies launches MAVAN despite B. Riley target hike

Bitmine Immersion Technologies shares fell 8% to $19.47 Thursday, despite launching its MAVAN Ethereum staking platform and a price target hike from B. Riley to $33. The company reported 3.14 million staked ETH worth $6.8 billion and projected annual staking rewards near $300 million. Crypto markets broadly declined, with ether down over 4%.
Alphabet Stock Nears Bear Market as Google’s $185 Billion AI Spend Faces Wall Street Test

Alphabet Stock Nears Bear Market as Google’s $185 Billion AI Spend Faces Wall Street Test

Alphabet shares fell 3.1% to $280.53 Thursday, extending a 15% slide from February highs, as investors questioned the company’s plan to nearly double capital spending to up to $185 billion in 2026. The drop followed strong revenue growth but came amid broader tech declines, legal setbacks, and concerns that massive AI investments could strain near-term cash flow.
Natural Gas Prices Surge as Europe Rushes to Refill Storage, LNG Stocks Rally

Natural Gas Prices Surge as Europe Rushes to Refill Storage, LNG Stocks Rally

European gas prices have jumped over 70% since Feb. 28 as the European Commission urged governments to begin refilling storage early, with reserves at just 28% full. Benchmark Dutch gas traded near $17 per mmBtu, while Asian LNG hit $25.30. U.S. LNG terminals are near capacity, forcing buyers to outbid Asian rivals for cargoes. LNG stocks including Cheniere and NextDecade rose sharply in U.S. trading.
XRP Price Today Drops to $1.36 as Oil Spike and Iran War Jitters Hit Crypto

XRP Price Today Drops to $1.36 as Oil Spike and Iran War Jitters Hit Crypto

XRP dropped about 4% to $1.36 Thursday as oil prices surged and Middle East ceasefire hopes faded, triggering a broader crypto selloff. Trading volume for XRP reached $1.9 billion. Bitcoin fell 3.2% to near $69,000, while Ether and Solana also declined. Brent crude topped $105 after Iran denied talks with Washington, pressuring global stocks and boosting the dollar.
26 March 2026
Bitcoin Price Today: BTC Slips Below $69,000 as Oil Surge Drags Coinbase, Strategy Stocks Lower

Bitcoin Price Today: BTC Slips Below $69,000 as Oil Surge Drags Coinbase, Strategy Stocks Lower

Bitcoin dropped below $69,000 Thursday, falling 2.7% as oil prices surged and Middle East tensions rattled risk markets. Coinbase shares slid 4.5%. Spot bitcoin ETFs saw net inflows of just $7.8 million on March 25 after a $74.5 million outflow the day before, according to Farside. Traders are watching $18.6 billion in bitcoin options set to expire Friday.
Crypto Stocks to Watch Today: MARA Bucks Selloff as Bitfarms, HIVE, CleanSpark, Riot, Bitdeer and Galaxy Stay in Focus

Crypto Stocks to Watch Today: MARA Bucks Selloff as Bitfarms, HIVE, CleanSpark, Riot, Bitdeer and Galaxy Stay in Focus

MARA shares rose 3.7% after the company said it sold 15,133 bitcoin to fund a $1 billion convertible-note repurchase, cutting its outstanding convertible debt by about 30%. Bitcoin traded near $68,200, down 3.8%. CleanSpark, Riot Platforms, Bitfarms, HIVE Digital and Galaxy Digital fell between 5% and 10%. Bitdeer was little changed.
Silver Price Today Falls More Than 3% as Oil Surge and Stronger Dollar Hit Bullion (Reuters)

Silver Price Today Falls More Than 3% as Oil Surge and Stronger Dollar Hit Bullion (Reuters)

Spot silver fell 3.2% to $68.97 an ounce by 11:15 a.m. ET Thursday, reversing the previous day’s gains as a stronger dollar and rising oil prices fueled inflation concerns. The drop leaves silver more than 40% below its January record. Gold, platinum, and palladium also declined. U.S. jobless claims data showed little change, keeping pressure on rate-cut expectations.
26 March 2026
US Stock Market Today: Dow Jones, S&P 500 and Nasdaq Slide as Oil Tops $105 and Fed Cut Hopes Fade

US Stock Market Today: Dow Jones, S&P 500 and Nasdaq Slide as Oil Tops $105 and Fed Cut Hopes Fade

The S&P 500 fell 1% and the Nasdaq dropped 1.3% by midday Thursday as rising oil prices and ongoing Iran war concerns rattled markets. Brent crude climbed above $105, fueling inflation fears and pushing 10-year Treasury yields to 4.38%. Tech stocks led losses, with Meta down 6.8% after a jury verdict. Energy shares rose, and Olaplex surged 51% after a $1.4 billion buyout.
Dow Jones Today: Why the Index Is Slipping as Oil Jumps and Fed Cut Hopes Fade

Dow Jones Today: Why the Index Is Slipping as Oil Jumps and Fed Cut Hopes Fade

The Dow Jones Industrial Average fell 202.81 points, or 0.45%, to 46,221.54 by noon Thursday as oil prices surged and traders reacted to mixed U.S.-Iran signals on ending the war. Brent crude jumped $5.26 to $107.48 a barrel, reviving inflation concerns and erasing bets on Federal Reserve rate cuts this year. The S&P 500 lost 0.77% and the Nasdaq dropped 1.05%. New jobless claims rose by 5,000 to 210,000, matching forecasts.
Meta Layoffs Test $3 Trillion Hopes as AI Spending Surges

Meta Layoffs Test $3 Trillion Hopes as AI Spending Surges

Denison Mines shares fell 5.5% to $3.38 Thursday as nearly 19 million shares traded, outpacing declines in other uranium stocks. Investors reacted to the company’s C$600 million capital estimate for its Phoenix uranium project, which is set to begin site work this month after final federal approval. Denison raised US$345 million in convertible notes last year but flagged refinancing and debt risks in recent filings.
HPE Stock Today: Hewlett Packard Enterprise Holds Near Highs After Evercore Target Lift

HPE Stock Today: Hewlett Packard Enterprise Holds Near Highs After Evercore Target Lift

Hewlett Packard Enterprise shares slipped 1.6% to $25.38 in late-morning New York trading Thursday, following two days of sharp gains. Evercore ISI raised its price target on HPE to $30, citing stronger CPU-led server demand and a $5 billion AI backlog. HPE also won a London court ruling in the Autonomy case, securing $1.24 billion in damages. Broader markets fell as tech stocks led declines.
26 March 2026
Grab Holdings Stock Price Today: GRAB Shares Rise on Buyback Move, Taiwan Deal in Focus

Grab Holdings Stock Price Today: GRAB Shares Rise on Buyback Move, Taiwan Deal in Focus

Grab Holdings shares rose 1.2% to $3.78 after announcing up to $400 million in share buybacks through JPMorgan and Morgan Stanley, funded from $7.4 billion in cash reserves. The move follows Grab’s $600 million agreement to acquire Delivery Hero’s foodpanda Taiwan business, its first expansion outside Southeast Asia. The Taiwan deal is expected to add at least $60 million in adjusted EBITDA by 2028. Regulatory approval is still pending.
26 March 2026
Corebridge, Equitable Seal $22 Billion All-Stock Merger to Create New U.S. Retirement Giant

Corebridge, Equitable Seal $22 Billion All-Stock Merger to Create New U.S. Retirement Giant

Equitable Holdings and Corebridge Financial will merge in an all-stock deal valued at about $22 billion, forming a group with over $1.5 trillion in assets and 12 million customers. Corebridge CEO Marc Costantini will lead the combined company, headquartered in Houston and trading under the Equitable brand. The merger requires shareholder and regulatory approvals and targets completion by the end of 2026.
Nu Holdings Stock Price Today: NU Slips After $4.44 Million Insider Sale Filing

Nu Holdings Stock Price Today: NU Slips After $4.44 Million Insider Sale Filing

Nu Holdings shares fell 1.1% to $14.17 Thursday after a filing showed Chief Growth Officer Cristina Junqueira sold 300,000 shares for about $4.44 million through family trusts. The sale comes as investors weigh strong fourth-quarter results against rising expenses and tighter competition in Mexico. Junqueira still holds 2.62 million shares directly. Broader markets also declined, with the Nasdaq down 1.2%.
26 March 2026

Stock Market Today

  • Sankyu Executes Share Buyback, Stock Split, and Raises Dividend Amid Updated Vision 2030
    May 16, 2026, 2:14 PM EDT. Sankyu Inc. (TSE:9065) announced a ¥20 billion share repurchase program targeting up to 5 million shares, alongside a five-for-one stock split and increased fiscal 2026 dividends. These moves reflect a coordinated capital policy aimed at enhancing shareholder returns and liquidity while backing steady profit growth. The updated Vision 2030 plan signals strengthened governance but highlights risks related to execution consistency. Market analysts suggest the stock remains undervalued by approximately 42%, with a fair value estimate near ¥15,534, encouraging investors to consider ownership amid ongoing operational improvements and capital restructuring.

Latest articles

Fortinet Stock Hits New High on AI Security Moves

Fortinet Stock Hits New High on AI Security Moves

16 May 2026
Fortinet shares closed at a record $122.78 on Friday, up 0.75%, defying a 1.5% drop in the Nasdaq composite. The stock rose 7.6% for the week, boosted by strong first-quarter results and an AI-security partnership with Nvidia. Trading volume reached about 5.5 million shares. U.S. markets are closed for the weekend; Fortinet will present at J.P. Morgan’s technology conference on Tuesday.
Altria Stock Defied Wall Street’s Selloff. The New CEO And Dividend Story Comes Next

Altria Stock Defied Wall Street’s Selloff. The New CEO And Dividend Story Comes Next

16 May 2026
Altria Group closed Friday at $73.09, up 0.94%, bucking a broad market selloff that saw the S&P 500 drop 1.24%. The stock climbed 7.3% over the week amid a CEO change and a declared $1.06 quarterly dividend, implying a 5.8% yield. Peers Philip Morris and British American Tobacco both fell Friday. Altria’s first-quarter adjusted earnings per share rose 7.3% to $1.32.
XRP drops over weekend as $1.50 seen as key before crypto vote in Washington

XRP drops over weekend as $1.50 seen as key before crypto vote in Washington

16 May 2026
XRP traded near $1.42 Saturday, down about 2% over 24 hours, despite the Senate Banking Committee advancing the CLARITY Act on May 14. Bitcoin and ether also fell, with bitcoin at $78,266 and ether at $2,178. XRP’s market cap stood at $87.6 billion, with daily volume near $1.82 billion. U.S.-listed spot XRP funds saw $25.8 million in inflows Monday, their largest since January.
Oil’s $110 Shock Sets Traders on Edge for Next Week

Oil’s $110 Shock Sets Traders on Edge for Next Week

16 May 2026
Brent crude settled at $109.26 and WTI at $105.42 on Friday, both posting weekly gains over 7%. Market tension rose as Strait of Hormuz traffic remained restricted and global oil inventories fell by 250 million barrels over March and April. U.S. crude stocks dropped by 4.3 million barrels last week. Traders watched for signals from U.S.-Iran talks and the upcoming May 20 inventory report.
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