Today: 18 May 2026

Western Digital stock slides 6% in regular trade as oil spike rattles AI-linked tech, insider sale filing surfaces

Western Digital stock slides 6% in regular trade as oil spike rattles AI-linked tech, insider sale filing surfaces

Western Digital shares fell about 6% to $253.68 Tuesday, leading declines in data storage stocks as oil prices surged and Wall Street indexes dropped over 2%. A Form 144 filing showed a proposed sale of 6,000 Western Digital shares tied to a trust. Micron, Seagate, and Sandisk also traded sharply lower. Oil jumped 8% amid rising tensions in the Middle East, fueling inflation concerns.
3 March 2026
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AMD stock price slides nearly 5% today as chip shares sink — here’s what’s driving it

AMD stock price slides nearly 5% today as chip shares sink — here’s what’s driving it

AMD shares fell 4.8% to $189.16 by midmorning Tuesday amid a broad tech selloff, with Nvidia down 2.8% and Intel off 6.3%. Flex began U.S. manufacturing of AMD’s Instinct MI355X GPU platform in Austin, Texas, with volume ramping next quarter. Wall Street indexes dropped over 2% as investors reacted to Middle East tensions and rising oil prices. AMD CTO Mark Papermaster was set to speak at a Morgan Stanley conference.
3 March 2026
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Amazon stock slides after AWS drone strikes hit Middle East data centers — what’s next for AMZN

Amazon stock slides after AWS drone strikes hit Middle East data centers — what’s next for AMZN

Amazon shares fell 2.6% to $203 Tuesday after AWS reported drone strikes damaged data centers in the UAE and Bahrain, disrupting services with a “prolonged” recovery expected. Abu Dhabi Commercial Bank said its mobile banking and contact center services were temporarily down amid the outage. The Invesco QQQ Trust and S&P 500 ETF also dropped more than 2% in morning trading.
3 March 2026
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Silver plunges as Iran war boosts dollar and delays Fed cuts — SLV back in focus

Silver plunges as Iran war boosts dollar and delays Fed cuts — SLV back in focus

Gold fell 5.6% to $5,029.59 an ounce and silver dropped 11.2% to $79.42 as investors fled to the dollar and bond yields climbed. Wall Street’s main indexes slid over 2% amid oil-driven inflation fears and delayed Fed rate cut bets. Supertanker freight rates in the Middle East hit records as Strait of Hormuz traffic slowed. U.S. oil rose more than 13% since Friday; retail gasoline prices jumped 10 cents in 24 hours.
3 March 2026
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Exxon, TotalEnergies face fresh output risk as Iran war squeezes Hormuz — and oil stocks react

Exxon, TotalEnergies face fresh output risk as Iran war squeezes Hormuz — and oil stocks react

Brent crude rose 7% to $83.44 a barrel Tuesday as Iran’s war with the U.S. and Israel disrupted Middle East oil and gas output, hitting Exxon Mobil, TotalEnergies, and Shell. Qatar halted LNG production after drone attacks, affecting about 20% of global supply. Tankers have avoided the Strait of Hormuz after insurers pulled coverage. Exxon shares gained 1.1% Monday; analysts raised price targets.
3 March 2026
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Nvidia stock drops in New York as $4 billion photonics bet meets a risk-off market

Nvidia stock drops in New York as $4 billion photonics bet meets a risk-off market

Nvidia shares dropped 2.2% to $178.52 Tuesday morning, trailing a broad tech selloff that hit the Nasdaq and optics suppliers. The company announced $2 billion investments each in Lumentum and Coherent for advanced optics, but both suppliers’ stocks also fell sharply. Traders are watching for updates at Nvidia’s GTC event later this month.
3 March 2026
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Circle (CRCL) stock slips in early trade as rate outlook and insider sales take center stage

Circle (CRCL) stock slips in early trade as rate outlook and insider sales take center stage

Circle Internet Group shares dropped 3.9% to $92.38 early Tuesday, reversing part of a recent surge. Multiple executives and directors sold shares in late February under pre-arranged plans, according to SEC filings. The decline came as crypto-linked stocks and bitcoin also fell, with markets reacting to energy-driven inflation and shifting U.S. rate expectations.
3 March 2026
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Apple stock slides as M5 MacBooks and $599 iPhone 17e hit shelves; what investors watch next

Apple stock slides as M5 MacBooks and $599 iPhone 17e hit shelves; what investors watch next

Apple shares fell 0.9% to $262.44 Tuesday morning amid a broader tech selloff triggered by a 7% jump in Brent crude prices. Apple unveiled new MacBooks with M5 chips and a lower-cost iPhone 17e, with preorders set for March 4. Microsoft, Alphabet, Amazon, and Nvidia also traded lower. Investors are watching Friday’s U.S. jobs report and the impact of rising energy costs.
3 March 2026
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Dow futures slide as Iran war jolts oil and rattles global stocks

Dow futures slide as Iran war jolts oil and rattles global stocks

U.S. stock futures dropped 1.8% and South Korea’s Kospi fell 7.2% as the U.S.-Israel war with Iran entered its fourth day. Oil surged 15% in two days and European gas prices jumped 40% after attacks in Tehran, Beirut, and on U.S. embassies, with shipping through the Strait of Hormuz disrupted. Washington ordered evacuations from parts of the Middle East. Qatar halted LNG production, and tanker rates to Asia quadrupled.
3 March 2026
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Warsh’s Rate-Cut Path Gets Narrower as Oil Surge Forces Markets to Rethink the Fed

Warsh’s Rate-Cut Path Gets Narrower as Oil Surge Forces Markets to Rethink the Fed

Traders slashed bets on near-term Fed rate cuts Tuesday as oil prices surged amid the U.S.-Israeli conflict with Iran. Futures now show a 30.7% chance of a June cut, down from 49.6% last week. Fed chair nominee Kevin Warsh faces resistance to delivering the cuts President Trump wants, with officials citing persistent inflation and a stabilizing job market.
3 March 2026
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Latest articles

Quince Therapeutics Stock Faces Nasdaq Pressure After Fresh QNCX Filing

Quince Therapeutics Stock Faces Nasdaq Pressure After Fresh QNCX Filing

18 May 2026
Quince Therapeutics was last quoted at $1.15 before Monday’s Nasdaq open after Nantahala Capital Management disclosed 7.52% beneficial ownership. The company’s latest filing reported no current product candidates and raised substantial doubt about its ability to continue as a going concern. Quince is seeking shareholder approval for another reverse stock split at its June 11 meeting. The company remains out of compliance with Nasdaq’s $50 million market value rule.
Macy’s Gains Pre-Market as Berkshire Buys In — What’s Ahead for Traders

Macy’s Gains Pre-Market as Berkshire Buys In — What’s Ahead for Traders

18 May 2026
Macy’s shares rose in premarket trading after Berkshire Hathaway disclosed a new stake of 3.04 million shares, valued at about $55 million as of March 31. The stock closed Friday at $18.41 and last traded at $18.99 premarket with 128,170 shares exchanged. Macy’s will report first-quarter results on June 3. Tariffs, fuel costs, and weak discretionary spending remain risks for the retailer.
ImmunityBio in the Spotlight with Patents and BCG Deal Ahead of the Open

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ImmunityBio said Monday five U.S. patents protect its Anktiva-plus-BCG bladder cancer treatment through at least 2035, following an exclusive U.S. supply deal with Japan BCG Laboratory. The company plans to seek FDA approval for the Tokyo-172 BCG strain, which is not yet approved in the U.S. ImmunityBio shares last traded at $7.97 before the Nasdaq open.
Why Virax Biolabs Stock Is Jumping Before the Bell Today

Why Virax Biolabs Stock Is Jumping Before the Bell Today

18 May 2026
Virax Biolabs shares jumped in pre-market trading Monday, indicated at $0.3458 after closing Friday at $0.1535. The move followed a sponsored TV segment featuring CEO James Foster and a new SEC filing showing Armistice Capital holds 4.99% of shares. ViraxImmune, the company’s main test, remains in development and is not approved for diagnostic use. No new company press release appeared over the weekend.

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Redwire Shares Up 27%, Focus Turns to Next Test Today

Redwire Shares Up 27%, Focus Turns to Next Test Today

18 May 2026
Redwire Corp shares held near $14.06 in premarket trading Monday after a 27% rally last week, as investors awaited updates from the SOF Week defense event in Tampa. The company reported a contracted backlog of $498.1 million at March 31 and first-quarter revenue of $97.0 million, but posted a net loss of $76.5 million. Redwire recently launched a $350 million at-the-market stock sale program.
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