Today: 17 May 2026

Robinhood Markets cuts RVI IPO size as premium card push targets wealthier investors

Robinhood Markets cuts RVI IPO size as premium card push targets wealthier investors

Robinhood priced its Robinhood Ventures Fund I IPO at 12.6 million shares for $25 each, far below the 40 million-share plan announced last month. The fund will raise up to $705.7 million if underwriters exercise their option. Shares will trade on the NYSE under the symbol RVI starting Friday. Robinhood warned in filings that the fund may hold illiquid assets and could trade below net asset value.
Tango Therapeutics stock jumps 36% after Q4 results, Erasca cancer trial pact

Tango Therapeutics stock jumps 36% after Q4 results, Erasca cancer trial pact

Tango Therapeutics shares rose 36% after announcing a collaboration with Erasca to test vopimetostat in pancreatic and lung cancers. The company reported a fourth-quarter net loss of $38.7 million and cash reserves of $343.1 million. Tango plans to start a pivotal pancreatic cancer trial in 2026 and released early efficacy data from ongoing studies.
Kenvue exec stock grants land as Kimberly-Clark deal drags on

Kenvue exec stock grants land as Kimberly-Clark deal drags on

Kenvue awarded new restricted stock units to senior executives, including 127,051 units to North America head Carlos De Jesus and 122,286 to general counsel Matthew Orlando, according to SEC filings this week. The grants come as Kenvue awaits regulatory clearance for its $40 billion sale to Kimberly-Clark. Kenvue shares were up 0.3% at $18.25 in early U.S. trading Friday.
MARA Holdings Stock Falls as Bitcoin Nears $70,000, Putting AI Pivot Funding in Focus

MARA Holdings Stock Falls as Bitcoin Nears $70,000, Putting AI Pivot Funding in Focus

MARA Holdings shares dropped 5.4% premarket Friday as bitcoin fell 4% to about $70,001. The company reported a $1.7 billion net loss for Q4 and 2025 bitcoin output down 7%. MARA has started selling bitcoin from its treasury and is shifting sites toward data centers, announcing a deal with Starwood Digital Ventures. Wall Street remains divided on the stock’s outlook.
U.S. Stock Market Today: Wall Street Beats Global Peers as Iran War Sends Oil Prices Higher

U.S. Stock Market Today: Wall Street Beats Global Peers as Iran War Sends Oil Prices Higher

U.S. stock index futures fell Friday as the war with Iran drove oil prices higher and cut rate-cut expectations. The Dow dropped 784.67 points Thursday, while Brent crude rose nearly 22% for the week. U.S. equity funds saw $21.92 billion in outflows, the biggest since January. Europe’s STOXX 600 was down nearly 5% for the week, its worst in almost a year.
Denison Mines Corp Sets March Start for Phoenix Uranium Mine as Canada Readies Nuclear Strategy

Denison Mines Corp Sets March Start for Phoenix Uranium Mine as Canada Readies Nuclear Strategy

Denison Mines’ board has approved construction of the Phoenix in-situ recovery uranium mine, with site work set to begin in March 2026. The project, cleared by Canadian regulators in February, is Canada’s first uranium mine to use the ISR method. Denison estimates a C$600 million capital cost and targets first production by mid-2028, but warns of possible delays and cost increases. NexGen’s Rook I project also secured final federal approval this week.
Banco Bradesco S.A. Pushes R$52 Billion Bradsaúde Plan Toward March 31 Vote

Banco Bradesco S.A. Pushes R$52 Billion Bradsaúde Plan Toward March 31 Vote

Bradesco plans to merge its health assets under Odontoprev, creating a listed company named Bradsaúde with projected 2025 revenue of 52 billion reais. Bradesco would own 91.35% of the new firm, with Odontoprev shareholders holding 8.65%. The proposal requires shareholder and regulatory approvals. Bradsaúde would launch with no debt, according to company executives.
6 March 2026
The Trade Desk stock jumps after report of OpenAI ad talks and CEO Jeff Green’s $148 million buy

The Trade Desk stock jumps after report of OpenAI ad talks and CEO Jeff Green’s $148 million buy

The Trade Desk shares jumped 18% early Friday after reports of early talks with OpenAI about ad sales. CEO Jeff Green bought $148.1 million in shares this week. The Trade Desk had forecast lower-than-expected first-quarter revenue, sending shares down 4.8% last month. OpenAI began testing ads in ChatGPT’s free U.S. tiers in February and is also working with Criteo.
6 March 2026
Ondas Inc lands $20 million border drone order, taps McKinsey veteran in defense push

Ondas Inc lands $20 million border drone order, taps McKinsey veteran in defense push

Ondas Inc’s Airobotics unit received a $20 million initial order to start work on a national autonomous border-protection program, launching rapid development and phased deployment. The company added McKinsey senior partner David Chinn to its Ondas Autonomous Systems board. Ondas shares traded at $10.49, giving it a $2 billion valuation. The government customer for the border project was not disclosed.
6 March 2026
SoFi stock pops on Mastercard stablecoin move: what SoFiUSD settlement could change

SoFi stock pops on Mastercard stablecoin move: what SoFiUSD settlement could change

SoFi shares climbed about 3% after Mastercard agreed to support SoFiUSD stablecoin for network settlement. SoFi Bank plans to settle its own Mastercard transactions in SoFiUSD, with the option extended to Galileo clients. Mastercard said SoFiUSD will be available across its global payments network. A KBW analyst called the partnership a “significant development.”
Tokmanni Group Oyj shares slide as 2026 outlook keeps Dollarstore turnaround in focus

Tokmanni Group Oyj shares slide as 2026 outlook keeps Dollarstore turnaround in focus

Tokmanni Group forecast 2026 comparable EBIT of 85–105 million euros and revenue of 1.78–1.86 billion euros, below market expectations, sending shares down about 12% on Friday. Comparable EBIT fell 15% in 2025 to 84.8 million euros, while fourth-quarter revenue missed consensus at 510.8 million euros. Dollarstore's turnaround continues after its EBIT dropped despite higher sales. The board proposed a maximum 2025 dividend of 0.34 euro per share.
6 March 2026
Turbo Energy stock rips higher again — the tiny Spanish solar-storage name behind Thursday’s 80% jump

Turbo Energy stock rips higher again — the tiny Spanish solar-storage name behind Thursday’s 80% jump

Turbo Energy shares surged 79.8% Thursday, closing at $3.02, and rose about 43% premarket Friday after the company announced a $53 million industrial backlog for 366 MWh of projects in Spain. Trading volume hit 38.1 million shares Thursday, triggering a Nasdaq volatility pause. The company also disclosed a Nasdaq compliance issue over minimum stockholders’ equity.
BE Semiconductor Industries shares slide as HBM rule shift rattles hybrid bonding bet

BE Semiconductor Industries shares slide as HBM rule shift rattles hybrid bonding bet

BE Semiconductor Industries shares dropped 8.4% to 172.75 euros in Amsterdam after reports that looser standards for high-bandwidth memory could delay adoption of its hybrid bonding tools. The selloff followed industry talk of raising stack thickness limits, potentially extending use of rival thermocompression bonding. Besi reported strong orders and forecast higher Q1 revenue, but investors reacted to uncertainty over future demand.
BigBear.ai Holdings, Inc. stock rebounds after target cuts, but Army sales slump clouds 2026

BigBear.ai Holdings, Inc. stock rebounds after target cuts, but Army sales slump clouds 2026

BigBear.ai shares rose 5.5% premarket Friday after two brokerages cut price targets following a weak earnings report. Fourth-quarter revenue fell 38% to $27.3 million, with adjusted EBITDA swinging to a $10.3 million loss. The company ended 2025 with $462 million in cash and settled $125 million in debt. U.S. government contracts made up nearly 90% of 2025 revenue.
American Airlines Faces Deeper O’Hare Flight Cuts as FAA Seeks Chicago Summer Cap

American Airlines Faces Deeper O’Hare Flight Cuts as FAA Seeks Chicago Summer Cap

The FAA has told airlines to cut summer flights at Chicago O’Hare to about 2,500 daily operations, below the 2,800 cap floated last week, sources told Reuters. American Airlines had planned to boost departures to pre-pandemic levels as part of its 2026 recovery. United and American are in a gate dispute at the airport. Shares of major U.S. airlines fell 4% to 9% Thursday amid rising oil prices.
6 March 2026
Gaxos.ai Stock Jumps After America First Defense Wins Navy License for Counter-Drone System

Gaxos.ai Stock Jumps After America First Defense Wins Navy License for Counter-Drone System

Gaxos.ai shares jumped 42% premarket Friday after America First Defense, which Gaxos agreed to buy a 19.99% stake in for $2.9 million, secured a Navy license for its Detachable Drone Highjacker counter-drone system. The technology was developed at the Naval Postgraduate School. Gaxos’ latest revenue came mainly from health services and AI software, with $692,974 in the first nine months of 2025. No deployment date or revenue outlook for the new system was disclosed.
6 March 2026

Stock Market Today

  • DoubleLine CEO Jeffrey Gundlach Says Fed Rate Cut Unlikely
    May 17, 2026, 2:50 PM EDT. DoubleLine Capital CEO Jeffrey Gundlach stated it is 'just not possible' for the Federal Reserve to cut interest rates at the upcoming policy meeting. Gundlach's remarks signal continued caution among investors regarding the Fed's approach to monetary policy. The statement underscores expectations that the central bank will maintain or possibly tighten rates amid economic concerns, rather than easing to stimulate growth.

Latest articles

Aurora Stock Swings as May 21 Looms After Friday Drop for AUR

Aurora Stock Swings as May 21 Looms After Friday Drop for AUR

17 May 2026
Aurora Innovation shares closed at $7.71 Friday, down 5.75% but still about 10% above last week’s close after hitting a 52-week high midweek. The company plans to deploy over 200 driverless trucks by year-end, following new deals with Volvo and McLane in Texas. Aurora reported Q1 revenue of $1 million and a net loss of $223 million.
Rivian Gets R2 Update as Wall Street Keeps Cautious Tone

Rivian Gets R2 Update as Wall Street Keeps Cautious Tone

17 May 2026
Rivian shares fell 5.03% Friday to $13.79 on heavy volume, closing about 3% below the previous week. The company launched its R2 SUV configurator May 15, with the Performance trim priced at $57,990. Tesla raised the Model Y Performance price to match Rivian’s R2 Performance. Broader market declines weighed on small-cap and tech stocks.
MARA slips 6% as Bitcoin miner’s AI strategy gets set for Monday trial

MARA slips 6% as Bitcoin miner’s AI strategy gets set for Monday trial

17 May 2026
MARA shares fell 6.4% Friday to $12.44, capping a 3.9% weekly drop. After the close, MARA said bondholders approved debt-term changes tied to its $1.5 billion Long Ridge Energy deal. The company posted a $1.26 billion quarterly net loss on $174.6 million revenue, citing lower bitcoin prices and fair-value losses.
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