Today: 17 May 2026

Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

Opendoor Technologies shares dropped 6% to $4.94 in late-morning Nasdaq trading Thursday after opening at $5.19. The decline followed weaker U.S. housing starts and a delay in expected Fed rate cuts, with the Nasdaq Composite down 1.38%. Opendoor reported a $1.1 billion net loss for 2025 and ended the year holding 2,867 homes worth $925 million. Peers Zillow and Offerpad also traded lower.
Blue Owl Capital Inc. Stock Price Slides Again as Private-Credit Valuation Fears Deepen

Blue Owl Capital Inc. Stock Price Slides Again as Private-Credit Valuation Fears Deepen

Blue Owl Capital shares fell about 1% to $8.94 Thursday after Glendon Capital challenged valuations in one of its largest funds, according to Reuters. The drop followed reports of rising investor skepticism across the private-credit sector, with BDCs now trading at an average 78 cents on the dollar. Blue Owl has denied claims of hidden losses. Morgan Stanley, Blackstone, and KKR have also reported increased redemption requests.
12 March 2026
Navitas Semiconductor Stock Slides After 25% Surge as AI Data-Center Chip Launch, CFO Hire Stir Volatility

Navitas Semiconductor Stock Slides After 25% Surge as AI Data-Center Chip Launch, CFO Hire Stir Volatility

Navitas Semiconductor shares fell 7% to $10.06 Thursday morning after a 24.9% surge the previous session, following news of a new AI data-center chip package and the appointment of Tonya Stevens as CFO. Fourth-quarter revenue dropped to $7.3 million from $18 million a year earlier, with a $41.4 million operating loss. The company expects first-quarter sales of $8.0–$8.5 million.
Ondas Stock Rises After Palantir and World View Unveil AI-Driven Stratollite ISR Deal

Ondas Stock Rises After Palantir and World View Unveil AI-Driven Stratollite ISR Deal

Palantir, Ondas, and World View announced plans to build an AI-enabled surveillance network linking stratospheric balloons, drones, and ground systems. Ondas shares rose over 2% in premarket trading before settling up 1.1% at $9.94. The project centers on World View’s Stratollite balloon and will use Palantir’s AI for mission operations, with integration expected by late 2026. Ondas reaffirmed 2026 revenue guidance at $170 million to $180 million.
Tesla Stock Slips Despite China Sales Jump as Wall Street Cuts 2026 Forecasts

Tesla Stock Slips Despite China Sales Jump as Wall Street Cuts 2026 Forecasts

Tesla shares dropped 0.6% to $405.35 Thursday after warnings about 2026 deliveries and cash burn, despite a 91% jump in February China-made sales. Analysts now expect Tesla’s free cash flow to turn negative in 2026, with Wall Street forecasting a $5.19 billion deficit. The company plans over $20 billion in capital spending this year. Delivery growth forecasts for 2026 have been halved to 3.8%.
SoFi Stock Price Falls Today as Oil Near $100 Revives Rate Fears

SoFi Stock Price Falls Today as Oil Near $100 Revives Rate Fears

SoFi Technologies shares dropped about 3% Thursday to $17.94, outpacing a broader tech selloff as oil neared $100 and the Nasdaq fell 1.38%. The decline followed sector-wide pressure on fintech stocks, with Affirm and Block also down over 3%. SoFi reported record fee-based revenue in Q4 and recently launched a stablecoin partnership with Mastercard. CEO Anthony Noto bought $1 million in shares earlier this month.
India Cooking Gas Shortage Deepens as Iran War Hits LPG Supplies, Sparks Rush for Induction Stoves

India Cooking Gas Shortage Deepens as Iran War Hits LPG Supplies, Sparks Rush for Induction Stoves

India invoked emergency powers to divert LPG from commercial users to households after Gulf war disruptions cut supplies, forcing restaurants and hostels to limit hot food. Imports from the US, Norway, Canada, and Russia are underway. Appliance makers reported a surge in induction stove sales as shortages hit. The environment ministry allowed restaurants to use biomass, kerosene, and coal for a month to ease pressure.
12 March 2026
Plug Power Stock Price Today: PLUG Slips After Rally as Data-Center Power Push Faces a Fresh Test

Plug Power Stock Price Today: PLUG Slips After Rally as Data-Center Power Push Faces a Fresh Test

Plug Power shares fell 0.9% to $2.20 Thursday after a report said the company may sell up to 250 megawatts of electricity into the PJM power market. The stock had surged 5.2% Wednesday. Plug reported 2025 revenue up 12.9% to $710 million and ended the year with $368.5 million in cash. Jefferies cut its price target to $1.80, citing uncertainty over Plug’s profitability goals.
NIO Stock Price Today: Shares Rise After First Quarterly Profit, but Chip Warning Clouds 2026

NIO Stock Price Today: Shares Rise After First Quarterly Profit, but Chip Warning Clouds 2026

NIO’s Hong Kong shares rose 3.2% Thursday after the company posted its first quarterly profit, with net income of 282.7 million yuan on revenue up 76% to 34.65 billion yuan. Deliveries jumped 72% to 124,807 vehicles. U.S. shares fell, as management warned chip shortages could halt production and flagged ongoing supply chain risks. NIO forecast Q1 deliveries of up to 83,000 vehicles.
Oracle Stock Price Jumps After AI Cloud Forecast Eases Debt Fears

Oracle Stock Price Jumps After AI Cloud Forecast Eases Debt Fears

Oracle shares jumped 9.18% to $163.12 after the company raised its fiscal 2027 revenue target to $90 billion and reported a 325% surge in remaining performance obligations to $553 billion. Quarterly cloud revenue rose 44% to $8.9 billion. Oracle said many new AI contracts are backed by customer prepayments or client-supplied GPUs. Financing concerns remain despite $30 billion already raised toward a $50 billion target.
Hims & Hers Health Stock Price Jumps Again as Novo Nordisk Truce Sparks Wall Street Upgrades

Hims & Hers Health Stock Price Jumps Again as Novo Nordisk Truce Sparks Wall Street Upgrades

Hims & Hers Health shares climbed 5.1% to $27.19 in premarket trading Thursday, after closing up 10.3% Wednesday. The rally follows a deal with Novo Nordisk that ends a patent dispute and will return FDA-approved Wegovy and Ozempic to Hims’ platform later this month. Analysts raised targets but warned branded drugs may bring lower margins. Hims also disclosed an SEC probe and a Justice Department referral.
Nvidia Stock Near $186 Faces Fresh Test After $2 Billion Nebius Bet and Meta Chip Push

Nvidia Stock Near $186 Faces Fresh Test After $2 Billion Nebius Bet and Meta Chip Push

Nvidia disclosed a $2 billion investment for an 8.3% stake in cloud provider Nebius, buying shares at $94.94 each. Shares hovered near $186.03 but premarket trading suggested a slight dip. The deal follows similar $2 billion investments in Lumentum and Coherent. Nvidia reported record quarterly revenue of $68.1 billion, with $62.3 billion from data-center products.
UiPath Stock Price Falls as 2027 Growth Outlook Overshadows Q4 Beat, $500 Million Buyback

UiPath Stock Price Falls as 2027 Growth Outlook Overshadows Q4 Beat, $500 Million Buyback

UiPath shares dropped over 5% premarket after the company projected fiscal 2027 revenue growth of about 9%, down from 13% the prior year, despite posting its first full-year GAAP profit and a new $500 million buyback. Fourth-quarter revenue rose 14% to $481 million. The stock closed at $12.38 Wednesday before results. UiPath ended January with $1.69 billion in cash and equivalents.
What to Know About AI Stocks Before the US Market Open Today: Oracle Revives the Trade, Adobe Up Next

What to Know About AI Stocks Before the US Market Open Today: Oracle Revives the Trade, Adobe Up Next

Oracle reported a 325% jump in contracted future revenue to $553 billion and raised its 2027 revenue target to $90 billion, driving AI stocks higher premarket despite oil prices weighing on futures. Nvidia announced a $2 billion investment in Nebius, while Meta unveiled four in-house AI chips. Amazon is seeking $37 billion in bonds to fund AI infrastructure. Atlassian will cut 1,600 jobs to shift focus to AI.
India Stock Market Today: Nifty Extends Slide as Oil Tops $100, Rupee Hits Record Low

India Stock Market Today: Nifty Extends Slide as Oil Tops $100, Rupee Hits Record Low

India’s Nifty 50 fell 0.53% to 23,739.30 by mid-afternoon Thursday as oil prices topped $100 a barrel and the rupee hit a record low of 92.3575 per dollar. The Sensex dropped 1% in morning trade. Analysts warned higher oil could widen the current account deficit and slow growth. U.S. trade probes and regional market losses added to pressure.
Australia Stock Market Today: ASX 200 Drops 1.3% as $100 Oil Revives RBA Rate-Hike Fears

Australia Stock Market Today: ASX 200 Drops 1.3% as $100 Oil Revives RBA Rate-Hike Fears

Australian shares fell 1.3% Thursday, with the S&P/ASX 200 closing at 8,629.00 after oil surged above $100 a barrel following attacks on Middle East fuel tankers. Financials dropped 1.5% and miners 1.7%, while energy stocks rose sharply. Traders now see a 75% chance of another Reserve Bank rate hike next week. The index is down over 6% in March, on track for its worst month since September 2022.
Oil Stocks Before Market Open Today: What to Know as Crude Surges and Exxon, Chevron, Occidental Rise

Oil Stocks Before Market Open Today: What to Know as Crude Surges and Exxon, Chevron, Occidental Rise

Crude oil briefly topped $100 a barrel after new attacks on tankers in Iraqi waters, before Brent eased to $96.45 and U.S. WTI to $91.30. Exxon, Chevron, and Occidental shares rose premarket, while U.S. stock futures fell as traders dialed back expectations for Federal Reserve rate cuts. A record 400 million-barrel IEA release, including 172 million from the U.S. reserve, failed to calm supply fears.

Stock Market Today

  • Vedanta Share Price Hits 52-Week High as Analysts Turn Bullish
    May 17, 2026, 5:58 AM EDT. Vedanta's share price surged to a fresh 52-week high of Rs 304.70 on May 14, reflecting a bullish sentiment among analysts. The stock's recent rally underscores growing investor confidence in the metals and mining company's short-term prospects amid improving market conditions.

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Hanmi Financial Shares Dip Ahead of Dividend Week as Trade Pulls Back

Hanmi Financial Shares Dip Ahead of Dividend Week as Trade Pulls Back

17 May 2026
Hanmi Financial closed Friday at $29.09, down 0.72% on the day and 4.2% for the week, outpacing the broader regional bank selloff. The company’s $0.28-per-share dividend is set for payment May 20. Hanmi reported first-quarter net income of $22.6 million, with deposits up 1.8% to $6.8 billion. Rising bond yields and renewed inflation concerns pressured regional bank stocks.
MGTX Drops 5.5%, Investors Watch MeiraGTx Into Next Week

MGTX Drops 5.5%, Investors Watch MeiraGTx Into Next Week

17 May 2026
MeiraGTx shares fell 5.5% Friday to $9.40, capping a 4.3% weekly decline after a late-week selloff. The company reported a first-quarter net loss of $46.3 million and service revenue of $293,000, down from $1.9 million a year earlier. In April, MeiraGTx raised $100 million in a stock offering and agreed to buy back bota-vec from Johnson & Johnson for $25 million.
Dorchester Minerals Jumps as Oil Moves Up — DMLP Investors Brace for Eventful Week

Dorchester Minerals Jumps as Oil Moves Up — DMLP Investors Brace for Eventful Week

17 May 2026
Dorchester Minerals units closed Friday at $27.66, up 1.6%, as oil prices surged and broader U.S. markets fell. Unitholders elected three board members and approved executive pay at the May 13 annual meeting, according to a new filing. First-quarter net income rose to $29.1 million, but net cash from operations dropped 28% year-over-year.
SB Financial Drops Into Friday, Dividend and Manulife Filing Back in View

SB Financial Drops Into Friday, Dividend and Manulife Filing Back in View

17 May 2026
SB Financial Group shares closed at $21.26 Friday, down 2.8% on the day and 4.6% for the week, with 9,017 shares traded. Manulife Investment Management disclosed a 7.47% stake in a May 15 SEC filing. The next $0.16 per share dividend is payable May 29 to holders of record as of May 15. First-quarter net income rose to $4.3 million from $2.2 million a year earlier.
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