Today: 17 May 2026

NIO Stock Jumps After First Quarterly Profit as Strong Forecast Tests China EV Skeptics

NIO Stock Jumps After First Quarterly Profit as Strong Forecast Tests China EV Skeptics

NIO reported its first quarterly net profit, posting 282.7 million yuan for Q4, compared to a 7.11 billion yuan loss a year earlier. Quarterly revenue jumped 75.9% to 34.65 billion yuan, with deliveries up 71.7% to 124,807 vehicles. Shares rose 15.2% after the results beat analyst forecasts. NIO expects Q1 revenue of up to 25.18 billion yuan and deliveries of up to 83,000 vehicles.
10 March 2026
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AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback

AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback

AeroVironment lowered its full-year revenue and adjusted earnings forecast after the U.S. government moved to end the BADGER agreement linked to the Space Force’s SCAR program. Shares fell in after-hours trading following a revenue miss and a $151.3 million goodwill impairment, which led to a net loss of $156.6 million for the fiscal third quarter. The company now expects fiscal 2026 revenue below Wall Street estimates.
10 March 2026
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Amazon bond sale could hit $42 billion as AI spending race intensifies

Amazon bond sale could hit $42 billion as AI spending race intensifies

Amazon is seeking $37 billion to $42 billion in a bond sale across dollars and euros, with U.S. orders reaching $126 billion, Bloomberg reported. The dollar portion was increased to $37 billion, with a 10 billion euro sale expected Wednesday, according to the Financial Times. Amazon plans $200 billion in capital expenditures this year, up from $131 billion in 2025. The company last raised $15 billion in November.
10 March 2026
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American Airlines Extends $3.11 Billion Credit Lines to 2031 as Fuel Spike Threatens Margins

American Airlines Extends $3.11 Billion Credit Lines to 2031 as Fuel Spike Threatens Margins

American Airlines expanded its revolving credit lines to $3.11 billion and extended maturities to March 2031, according to a Monday SEC filing. The move follows a spike in jet-fuel costs and comes as American carries $36.5 billion in debt, more than other major U.S. airlines. Shares fell 1.4% Tuesday. American will present at the J.P. Morgan Industrials Conference on March 17.
10 March 2026
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S&P 500 Correction Warning Grows as Oil Shock, Fed Fears Split Wall Street

S&P 500 Correction Warning Grows as Oil Shock, Fed Fears Split Wall Street

The S&P 500 slipped 0.21% to 6,781.48 on Tuesday, with investors split over whether the recent pullback signals a deeper correction or a temporary shock tied to oil and war headlines. Brent crude dropped 11% after surging past $119, and the VIX topped 30 for the first time in nearly a year. The Dow fell 0.07%, while the Nasdaq edged up 0.01%. Nvidia rose 1.2%; Oracle jumped over 7% after earnings.
10 March 2026
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KLA Corporation stock rises as Barclays lifts chip-equipment outlook ahead of investor day

KLA Corporation stock rises as Barclays lifts chip-equipment outlook ahead of investor day

KLA shares climbed Tuesday after Barclays raised its chip equipment spending forecast, citing strong AI data center demand. Barclays now expects wafer fab equipment spending to rise 24% in 2026 to $139 billion, up from a previous 7% estimate. KLA last reported quarterly revenue of $3.3 billion, beating expectations, and forecast March-quarter revenue of $3.35 billion. U.S. export rules remain a risk for KLA’s China business.
10 March 2026
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Why Accenture Stock Is Sliding Ahead of March 19 Earnings After Truist Target Cut

Why Accenture Stock Is Sliding Ahead of March 19 Earnings After Truist Target Cut

Accenture shares fell 3.7% Tuesday after Truist cut its price target to $260 and warned of possible pressures ahead of the March 19 earnings report. The stock traded at $201.62 late in the session, underperforming IBM and Cognizant. Truist cited weak enterprise AI adoption and risks to 2027 estimates if partner spending slows. Accenture recently agreed to buy Ziff Davis's Connectivity division for $1.2 billion.
10 March 2026
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Delta Air Lines Stock Falls as Fuel-Cost Surge Clouds 2026 Outlook

Delta Air Lines Stock Falls as Fuel-Cost Surge Clouds 2026 Outlook

Delta Air Lines shares fell about 1% to $59.98 Tuesday as jet-fuel costs surged following Middle East conflict disruptions. Delta said each 1-cent rise in jet fuel adds $40 million to annual expenses, with fuel making up 17% of 2025 operating costs. United and American Airlines stocks also dropped. Delta canceled some New York–Tel Aviv flights through March 23.
10 March 2026
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CrowdStrike Stock Gets Morgan Stanley Upgrade as Strong Outlook Blunts AI Fears

CrowdStrike Stock Gets Morgan Stanley Upgrade as Strong Outlook Blunts AI Fears

CrowdStrike shares held steady at $434.25 Tuesday after Morgan Stanley upgraded the stock and raised its price target to $510. The company forecast fiscal 2027 revenue above Wall Street estimates and reported fourth-quarter revenue up 23% to $1.31 billion. Costs tied to the July 2024 Windows outage rose to $117.7 million for fiscal 2026 but narrowed last quarter. CrowdStrike recently agreed to acquire SGNL and Seraphic Security.
10 March 2026
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AbbVie Obesity Drug ABBV-295 Hits Up to 9.8% Weight Loss in Early Trial

AbbVie Obesity Drug ABBV-295 Hits Up to 9.8% Weight Loss in Early Trial

AbbVie said its experimental obesity drug ABBV-295 led to up to 9.79% weight loss in adults over 12 weeks in a 76-patient phase 1 trial, with no serious adverse events reported. Weekly and less-frequent dosing schedules showed similar results, while placebo groups saw little change. The study population was mostly male with a mean BMI under 30. ABBV-295 is not approved and remains in early-stage testing.
10 March 2026
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United Airlines Stock Falls as Fuel Spike Threatens 2026 Earnings Outlook

United Airlines Stock Falls as Fuel Spike Threatens 2026 Earnings Outlook

United Airlines shares dropped 2.5% to $92.20 Tuesday after jet-fuel prices surged to as much as $200 a barrel, far above recent levels. The airline, which does not hedge fuel, warned of a “meaningful” hit to first-quarter results, with TD Cowen estimating profit could fall to as low as 5 cents a share. Delta and American also traded lower. United’s executives are set to address investors March 17.
10 March 2026
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Oil Prices Tumble 15% After Trump Signals Iran War Could End Soon

Oil Prices Tumble 15% After Trump Signals Iran War Could End Soon

Brent crude dropped $14.23 to $84.73 a barrel and U.S. crude fell to $80.31 after Trump said the Iran war could end soon. G7 ministers declined to release emergency oil reserves, asking the IEA to study options instead. U.S. and Israeli forces intensified strikes on Iran, while Tehran threatened to block oil exports. Oil tanker traffic through the Strait of Hormuz remains down 97% since February 28.
10 March 2026
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BlackRock warns Middle East supply shock may lift inflation, but sees weeks-long disruption

BlackRock warns Middle East supply shock may lift inflation, but sees weeks-long disruption

BlackRock warned that the Middle East conflict is causing an energy-led supply shock likely to keep inflation pressure high, but expects the disruption to last weeks, not months. The firm maintained an underweight position in long-term U.S. Treasuries and favored U.S. and Japanese stocks. Brent crude fell to $86.50 after surging above $119. BlackRock said the impact is concentrated in LNG infrastructure, with Europe and Asia most exposed.
10 March 2026
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Johnson & Johnson Moves Tecvayli Earlier in Europe After FDA Myeloma Nod

Johnson & Johnson Moves Tecvayli Earlier in Europe After FDA Myeloma Nod

Johnson & Johnson filed with the European Medicines Agency to expand Tecvayli’s use as a solo treatment for adults with relapsed or refractory multiple myeloma after one prior therapy. The filing follows U.S. approval of Tecvayli with Darzalex last week and is supported by a phase 3 trial showing Tecvayli reduced disease progression or death by 71% versus standard care.
10 March 2026
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Oil Prices Crash 13%: Brent and WTI Tumble as Trump Signals Iran War May End Soon

Oil Prices Crash 13%: Brent and WTI Tumble as Trump Signals Iran War May End Soon

Oil prices fell over 13% Tuesday after President Trump said the Iran war could end soon, with Brent crude dropping $12.46 to $86.50 a barrel. OPEC supply cuts and Gulf shipping threats had pushed Brent to $119.50 Monday. The U.S. Energy Information Administration expects Brent to stay above $95 for two months. Saudi Aramco, ADNOC, and Kuwait cut output as nearly 1.9 million bpd of Gulf refining capacity remains offline.
10 March 2026
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Procter & Gamble Makes Nearly $1 Billion Gillette Boston HQ Bet as Growth Pressures Rise

Procter & Gamble Makes Nearly $1 Billion Gillette Boston HQ Bet as Growth Pressures Rise

Procter & Gamble’s Gillette unit will spend nearly $1 billion to buy 232 A Street in South Boston and build a new global headquarters and research center, keeping commercial and R&D operations in the city. The project, backed by city and state officials, will add 1.5 acres of public space and modernize Gillette’s base. Manufacturing will shift to Andover in 2026. P&G shares rose 0.9% Tuesday afternoon.
10 March 2026
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Gold Price Today Climbs Above $5,220 as Dollar Softens, Oil Slumps Ahead of U.S. CPI

Gold Price Today Climbs Above $5,220 as Dollar Softens, Oil Slumps Ahead of U.S. CPI

Spot gold jumped 1.7% to $5,222.74 an ounce Tuesday as oil prices plunged over 10% and the dollar slipped, easing inflation fears. Brent crude fell $10.45 to $88.51 a barrel after President Trump signaled possible de-escalation in the Middle East. U.S. inflation data due Wednesday could shift rate expectations again. In Dubai, gold traded at a discount to London amid flight disruptions and weak demand.
10 March 2026
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Stock Market Today

  • Teleflex Earnings Soft but Investors Eye Underlying Strength Amid Unusual Items
    May 17, 2026, 8:56 AM EDT. Teleflex Incorporated (NYSE:TFX) reported soft profit numbers for the year to March 2026, impacted by a significant US$197 million expense linked to unusual items, which typically do not recur. The company also benefited from a US$39 million one-off tax benefit that temporarily boosted earnings. Analysts suggest Teleflex's underlying profitability may be stronger than the statutory profit indicates. Despite the mixed results, investors are showing interest in the stock, potentially seeing beyond the headline figures. Market watchers are advised to consider risks and unusual factors before investing. Teleflex's earnings highlight the complexity of interpreting profits affected by non-recurring items and tax benefits in healthcare-related stocks.

Latest articles

OpenAI Faces New Valuation Hurdle in $1 Trillion IPO Push

OpenAI Faces New Valuation Hurdle in $1 Trillion IPO Push

17 May 2026
Anthropic has agreed to a $30 billion funding round at a $900 billion valuation, surpassing OpenAI’s last reported $852 billion mark, the Financial Times reported. OpenAI closed a $122 billion round in March and announced a new deployment company with $4 billion in backing. U.S. stock markets remain closed until Monday. SoftBank reported $45 billion in cumulative gains from its OpenAI stake.
Databricks’ $134 Billion IPO Question Draws More Focus as AI Names Return

Databricks’ $134 Billion IPO Question Draws More Focus as AI Names Return

17 May 2026
Databricks remains private with a $134 billion valuation and no public IPO price or ticker. Its last funding round raised about $5 billion in equity and added $2 billion in debt capacity. Nasdaq Private Market estimates its share value at $200.82. The company reported a $5.4 billion annualized revenue run-rate in Q4.
Stripe’s secondary share price brings focus back to its paused IPO

Stripe’s secondary share price brings focus back to its paused IPO

17 May 2026
Forge marked Stripe’s private shares at $72.45 on Sunday, implying a $175.62 billion valuation, above its $159 billion February tender offer. Stripe remains private with no official ticker. The price is a private-market indicator, not an exchange quote. U.S. markets are closed for the weekend.
Anthropic’s $900 Billion Fundraising Draws Attention to IPO Timeline

Anthropic’s $900 Billion Fundraising Draws Attention to IPO Timeline

17 May 2026
Anthropic has reportedly agreed to terms for a $30 billion funding round valuing the company at about $900 billion, according to the Financial Times. The deal, if completed, would nearly triple its last confirmed valuation of $380 billion in February. The Wall Street Journal said the round is led by Greenoaks, Sequoia, Dragoneer, and Altimeter, and could exceed the $30 billion target.
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