Today: 17 May 2026

Sunbelt Rentals Holdings starts $1.5 billion buyback after NYSE debut, buys 663,882 shares in first week

Sunbelt Rentals Holdings starts $1.5 billion buyback after NYSE debut, buys 663,882 shares in first week

Sunbelt Rentals Holdings repurchased 663,882 shares worth about £36.2 million between March 2 and March 6, its first buyback after moving its main listing to New York. The shares were bought on the London Stock Exchange and will be held in treasury. Sunbelt’s NYSE shares rose 1.25% to $75.36 on Monday. The company’s next earnings call is set for March 12.
9 March 2026
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NatWest Mortgage Rates Rise Again as UK Rate-Cut Hopes Crumble

NatWest Mortgage Rates Rise Again as UK Rate-Cut Hopes Crumble

NatWest Group will raise mortgage rates for existing customers and additional borrowing from March 10, following recent hikes for new borrowers. Barclays, Halifax, and Santander are also increasing rates, while some smaller lenders have withdrawn products. The average UK two-year fixed mortgage rate rose to 4.84% this week. Mortgage approvals in January fell to a two-year low, according to Bank of England data.
9 March 2026
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BAE Systems Wins 7-Year Danish Army Training Deal as Europe Rearms

BAE Systems Wins 7-Year Danish Army Training Deal as Europe Rearms

BAE Systems said Monday its OneArc unit won a seven-year contract to upgrade Danish Army training software, including VBS4 and on-site support; financial terms were not disclosed. The announcement came as Europe became the world’s top arms importer and NATO launched Arctic drills involving Denmark and 13 other countries. Denmark plans to raise defense spending to 3.2% of GDP in 2025.
9 March 2026
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Unilever PLC Shares Slip as Oil Shock Revives 2026 Growth Doubts After Magnum Spin-Off

Unilever PLC Shares Slip as Oil Shock Revives 2026 Growth Doubts After Magnum Spin-Off

Unilever shares fell 0.64% to 4,903.5 pence in London on Monday amid a Europe-wide selloff triggered by oil prices surging over 25% to nearly $120 a barrel. The company last month warned 2026 sales growth would likely hit the bottom of its 4%-6% target range after weak results in Europe and the U.S. Developed markets make up 41% of turnover; fourth-quarter sales growth slowed to 0.1% in Europe.
9 March 2026
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Standard Chartered Pushes Ahead With $1.5 Billion Buyback After Profit Miss, CFO Exit

Standard Chartered Pushes Ahead With $1.5 Billion Buyback After Profit Miss, CFO Exit

Standard Chartered bought back 892,954 shares on March 6 as part of its $1.5 billion repurchase plan, spending $111.4 million so far. The bank’s shares fell 1.4% to 1,617 pence Monday amid broader market declines. CFO Diego De Giorgi left in February, with Peter Burrill named interim replacement. The buyback is expected to reduce the bank’s CET1 ratio by about 58 basis points.
9 March 2026
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Barclays PLC Shares Stay Under Pressure as MFS Fallout Meets Oil Shock

Barclays PLC Shares Stay Under Pressure as MFS Fallout Meets Oil Shock

Barclays shares fell 2.86% Monday as investors assessed its £495 million exposure to failed lender Market Financial Solutions and a surge in oil prices hit UK assets. The FTSE 100 and FTSE 250 both closed at five-week lows. Barclays declined to comment on regulatory scrutiny over its MFS exposure. Santander and other European banks also saw losses as crude oil jumped over 25% to nearly $120 a barrel.
9 March 2026
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BP PLC Shares Rise as Oil Prices Spike, but Traders Still Bet the Windfall Fades

BP PLC Shares Rise as Oil Prices Spike, but Traders Still Bet the Windfall Fades

BP shares rose 2.2% in London Monday as Brent crude briefly hit $119.50 a barrel, the highest since 2022, following the U.S.-Israeli war on Iran and disruption in the Strait of Hormuz. BP paused its $750 million share buyback last month to focus on debt reduction, with net debt at $22 billion. Global bonds fell as traders shifted from expecting Bank of England rate cuts to a possible hike by December.
9 March 2026
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Rio Tinto plc Drawn Into Hormuz Supply Shock as Amrun Bauxite Cargo Turns Toward China

Rio Tinto plc Drawn Into Hormuz Supply Shock as Amrun Bauxite Cargo Turns Toward China

A Rio Tinto bauxite shipment from Australia diverted to China after a blockage in the Strait of Hormuz, shipping data showed, as aluminium prices hit a four-year high. Aluminium Bahrain halted shipments and declared force majeure, while Norsk Hydro said Qatalum in Qatar was shutting down. Gulf smelters have little alumina in reserve, raising supply concerns. The direct financial impact on Rio Tinto remains unclear.
9 March 2026
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Rolls-Royce Holdings plc Expands Poland Defence Bet With PGZ as Europe Rearms

Rolls-Royce Holdings plc Expands Poland Defence Bet With PGZ as Europe Rearms

Rolls-Royce Holdings signed a preliminary agreement with Poland’s PGZ to expand work on propulsion systems for military vehicles and naval vessels. The companies did not disclose financial terms, and the deal falls short of a firm order. The move comes as Poland seeks to access €43.7 billion in EU military loans and European arms imports surge, according to SIPRI data. Rolls-Royce’s mtu engines already power Polish military vehicles, including the new Borsuk.
9 March 2026
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BlackRock Fund Curbs Rattle Banks and Property Trades as Standard Motor Products Draws Bottom-Fishing Calls

BlackRock Fund Curbs Rattle Banks and Property Trades as Standard Motor Products Draws Bottom-Fishing Calls

BlackRock capped withdrawals from its $26 billion private-credit fund after requests topped $1.2 billion, deepening stress in property-linked trades despite a late Wall Street rebound. Fitch said U.S. private-credit defaults hit a record 9.2% in 2025. Wells Fargo fell 2% and Bank of America dropped 1.5%. BlackRock shares closed up 0.3% after earlier losses.
9 March 2026
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Opendoor Stock Swings After 4.99% Mortgage Offer Raises Fresh 2026 Profit Questions

Opendoor Stock Swings After 4.99% Mortgage Offer Raises Fresh 2026 Profit Questions

Opendoor Technologies shares fluctuated Monday as the company launched a 4.99% mortgage offer, below the 6% U.S. average. The rate applies only to buyers on its platform and is in beta, CEO Kaz Nejatian said. Opendoor reported a $1.3 billion net loss for 2025 and $1.1 billion in asset-backed debt. Analysts flagged risks to margins if home prices fall or funding remains expensive.
9 March 2026
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UiPath Stock Slips Ahead of Earnings as AI Bet Faces a March 11 Test

UiPath Stock Slips Ahead of Earnings as AI Bet Faces a March 11 Test

UiPath shares fell 0.8% to $11.77 Monday ahead of its fourth-quarter earnings report due March 11. Investors are watching for signs that new AI agent tools could impact UiPath’s core business and pricing power. Analysts expect $464.8 million in revenue and 25 cents a share. UiPath recently acquired WorkFusion and launched new healthcare products to expand its AI offerings.
9 March 2026
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Micron Technology rises as analysts look past Nvidia Vera Rubin HBM4 setback

Micron Technology rises as analysts look past Nvidia Vera Rubin HBM4 setback

Micron Technology shares climbed 2.3% Monday after Citi and Susquehanna raised price targets ahead of March 18 earnings. Reports said Nvidia’s Vera Rubin AI system will use HBM4 memory from Samsung and SK Hynix, not Micron, though Micron is expected to supply chips for mid-tier Rubin CPX models. The stock traded at $378.78 in afternoon trade.
9 March 2026
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NIO Inc Earnings Preview: China EV Maker Faces Crucial Margin Test After Rare Profit Alert

NIO Inc Earnings Preview: China EV Maker Faces Crucial Margin Test After Rare Profit Alert

NIO will report fourth-quarter and full-year 2025 results before U.S. markets open Tuesday, after forecasting its first quarterly adjusted operating profit of 700 million to 1.2 billion yuan. February deliveries jumped 57.6% year-on-year to 20,797 vehicles. NIO recalled 246,229 vehicles in February over a software issue. Shares closed at $4.87 on Monday.
9 March 2026
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Amazon.com’s Zoox Expands to Dallas and Phoenix as U.S. Robotaxi Race Heats Up

Amazon.com’s Zoox Expands to Dallas and Phoenix as U.S. Robotaxi Race Heats Up

Amazon-owned Zoox will expand self-driving taxi tests to Dallas and Phoenix and open a command hub in Scottsdale, Arizona, raising its U.S. presence to 10 markets. The company will start with retrofitted SUVs and plans to create hundreds of jobs. Zoox awaits further regulatory approvals for broader commercial service. Waymo leads the sector, logging 200 million autonomous miles.
9 March 2026
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Bank of America Says U.S. Art Market Rebounded 23% as Wealthy Buyers Returned

Bank of America Says U.S. Art Market Rebounded 23% as Wealthy Buyers Returned

U.S. art auction sales at Christie’s, Sotheby’s, and Phillips rose 23% in 2025 to $3.17 billion, Bank of America reported, marking the first annual increase since 2022. The rebound was led by historical and established artists, with the U.S. accounting for 69% of global auction value. Fewer works sold, but a higher share found buyers, and guarantees hit a decade high. Bank of America shares fell 3.1% in afternoon trading.
9 March 2026
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Oil Prices Jump Above $100 as Iran Conflict Cuts Supply, G7 Holds Off on Reserves

Oil Prices Jump Above $100 as Iran Conflict Cuts Supply, G7 Holds Off on Reserves

Brent crude rose to $102.29 a barrel and U.S. West Texas Intermediate to $100.11 as the U.S.-Israeli war with Iran disrupted Gulf oil supply. Saudi Arabia and other Gulf states cut output while shipping through the Strait of Hormuz remained restricted. The Group of Seven discussed but did not release emergency reserves. Airline shares fell in Asia and Europe as jet fuel prices doubled since the conflict began.
9 March 2026
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Stock Market Today

  • 4 Key Metrics to Value Commonwealth Bank of Australia Shares
    May 17, 2026, 11:15 AM EDT. The Commonwealth Bank of Australia (CBA) shares last traded around $159.40. Investors should consider four key valuation metrics: CBA's net interest margin (NIM) at 1.99% surpasses the ASX major banks' average of 1.78%, reflecting superior lending profitability. The bank's return on equity (ROE) stands at 13.1%, well above the sector average of 9.35%, indicating efficient profit generation from shareholder funds. CBA holds a strong market share in mortgages and credit cards in Australia, reinforcing its entrenched position in the financial ecosystem. Additionally, its workplace culture rating of 3.4/5, surpassing sector peers, suggests potential for sustained operational stability. These factors combined offer a framework for assessing CBA's long-term investment potential.

Latest articles

Figma Stock Just Surged 13%. The AI Revenue Test Starts Monday

Figma Stock Just Surged 13%. The AI Revenue Test Starts Monday

17 May 2026
Figma shares jumped 13.24% Friday to $22.92 after the company raised its 2026 sales outlook and reported first-quarter revenue up 46% to $333.4 million. The company credited AI features for boosting paid user conversions and said net dollar retention hit 139%. After-hours trading saw the stock slip 1.57%. Figma now expects full-year revenue between $1.422 billion and $1.428 billion.
Apple Breaks $300 Line; Investors Watch What’s Next Beyond the iPhone

Apple Breaks $300 Line; Investors Watch What’s Next Beyond the iPhone

17 May 2026
Apple shares closed Friday at $300.23, up 2.4% for the week, while major U.S. indexes fell sharply. The company reported a 17% rise in quarterly revenue to $111.2 billion and record services revenue. Analysts at Wedbush and Evercore ISI raised price targets, citing growth in services and potential AI gains. U.S. iPhone sales rose 1.3% last quarter as overall smartphone sales declined.
Plug Power Shares Surge 21% as Cash Questions Wait

Plug Power Shares Surge 21% as Cash Questions Wait

17 May 2026
Plug Power shares rose 21% last week, closing at $3.78 after reporting a 22% jump in first-quarter revenue and improved gross margin. Trading was volatile, with Friday’s session ending down 0.26% on heavy volume. Analysts remained split, with price targets ranging from $1.20 to $7. Plug ended the quarter with more cash than expected and plans to cut inventory by at least $100 million this year.
Nokia’s AI stock rally set for Monday showdown after turbulent holiday week

Nokia’s AI stock rally set for Monday showdown after turbulent holiday week

17 May 2026
Nokia shares closed Friday at 11.905 euros in Helsinki, up 8.8% from May 8 after a four-day trading week. The stock’s rally follows strong first-quarter results, with AI and cloud sales up 49% and a raised 2026 growth target. Nokia named Emma Falck as Mobile Infrastructure president, effective September 1. The OMX Helsinki 25 ended Friday at 6,272.91, up 0.5% from the previous week.
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