Today: 18 May 2026

Lumentum stock price jumps premarket as Nvidia puts $2 billion into LITE in AI optics push

Lumentum stock price jumps premarket as Nvidia puts $2 billion into LITE in AI optics push

Lumentum shares jumped 11.8% to $783.25 in premarket trading after Nvidia announced a $2 billion investment and supply agreement tied to AI data center optics. The deal involves convertible preferred stock, pending antitrust clearance. Nvidia also secured multi-year purchase commitments for advanced laser components. Stifel raised its price target on Lumentum to $800.
Ouster stock jumps 17% premarket after Q4 profit; royalty boost and 2026 outlook in focus

Ouster stock jumps 17% premarket after Q4 profit; royalty boost and 2026 outlook in focus

Ouster shares jumped 17% in premarket trading to $23.78 after the company posted a surprise quarterly profit, driven by $21.2 million in mostly one-time royalty payments. Fourth-quarter revenue reached $62.2 million, with product revenue at $41 million and GAAP net income of $4 million. The company forecast first-quarter revenue of $45–48 million. Ouster expects royalty revenue to drop below $5 million in 2026.
Estée Lauder stock slips in premarket after 8.5% Monday slide as travel-retail worries creep back

Estée Lauder stock slips in premarket after 8.5% Monday slide as travel-retail worries creep back

Estée Lauder shares fell about 2.2% in early premarket trading Tuesday after dropping 8.5% on Monday, indicated near $98.00 before the open. Beauty stocks faced pressure as Beiersdorf warned on margins and travel retail disruptions. CEO Stéphane de La Faverie received 5,787 vested restricted stock units, with 2,333 withheld for taxes. The next $0.35 quarterly dividend is due March 16.
3 March 2026
Lululemon stock price slides before the bell as founder Chip Wilson files fresh proxy push

Lululemon stock price slides before the bell as founder Chip Wilson files fresh proxy push

Lululemon shares fell about 2.3% to $172.13 in premarket trading Tuesday after founder Chip Wilson and allies filed new proxy materials seeking board changes. The stock dropped 4.9% Monday, extending a year-long decline. Wilson’s group disclosed ownership of nearly 10 million shares and plans to nominate directors at the 2026 annual meeting. The company is searching for a permanent CEO after Calvin McDonald stepped down.
3 March 2026
JetBlue stock price slides premarket as oil spike haunts airlines; Barclays turns less bearish

JetBlue stock price slides premarket as oil spike haunts airlines; Barclays turns less bearish

JetBlue shares fell 2.1% to $5.11 in premarket trading Tuesday after a 5.78% drop the previous session, as oil prices surged on supply fears linked to the U.S.-Israeli conflict with Iran. Barclays upgraded JetBlue but warned airline stocks remain under pressure from rising fuel costs and Middle East tensions. Brent crude rose over $3, briefly hitting its highest since January 2025.
Electric bus push falters as Montgomery County Public Schools seeks 140 diesel buses

Electric bus push falters as Montgomery County Public Schools seeks 140 diesel buses

Montgomery County Public Schools is seeking bids for 140 diesel buses, citing charging and maintenance issues with parts of its electric fleet. The district still operates 285 electric buses under a 2021 contract now under legal appeal after a fraud-linked dispute. Maryland lawmakers are considering an emergency bill to relax snow-day makeup rules for the district. MCPS expects a school board vote on the diesel bus contract in April.
3 March 2026
BATL stock steadies in premarket after doubling as Hormuz fears lift oil — what’s next for Battalion Oil

BATL stock steadies in premarket after doubling as Hormuz fears lift oil — what’s next for Battalion Oil

Battalion Oil shares were steady at $11.80 in premarket trading Tuesday after surging 113.8% Monday, tracking a sharp rise in crude prices. Brent crude climbed 4.1% to $80.89 a barrel as conflict near the Strait of Hormuz raised supply fears and pushed up shipping costs. Marine insurers have begun canceling war-risk coverage for vessels in the region, with new rates taking effect March 5.
Credo (CRDO) stock drops 13% premarket after earnings: margin outlook, CoMira deal in focus

Credo (CRDO) stock drops 13% premarket after earnings: margin outlook, CoMira deal in focus

Credo Technology shares fell 13% premarket Tuesday after the company forecast lower gross margins for the current quarter. Fiscal Q3 revenue reached $407 million, with net income at $157.1 million. Credo projected Q4 revenue of $425–$435 million and acquired CoMira Solutions to expand its semiconductor IP portfolio. Three customers each accounted for over 10% of quarterly revenue, with the largest at 39%.
Berkshire Hathaway stock steadies premarket after 5% slide as Abel’s first letter, PacifiCorp risk bite

Berkshire Hathaway stock steadies premarket after 5% slide as Abel’s first letter, PacifiCorp risk bite

Berkshire Hathaway’s Class B shares held steady in early premarket trading Tuesday after dropping 4.9% to $480.17 on Monday, following a 30% fall in quarterly operating profit. S&P Global warned it may downgrade Berkshire-owned PacifiCorp to junk status over $50 billion in wildfire liabilities after a $305 million jury award. CEO Greg Abel signaled a cautious approach on buybacks and cash deployment.
3 March 2026
Compass Group PLC stock slips in London as CPG investors eye April dollar switch

Compass Group PLC stock slips in London as CPG investors eye April dollar switch

Compass Group shares fell 0.98% to 2,231 pence in early London trading Tuesday, continuing weakness since a February selloff tied to AI concerns at office clients. The company will switch its London-listed share trading currency from sterling to dollars on April 1. Compass reported 1.7 billion total voting rights as of Feb. 28 and forecasts 7.2% organic revenue growth for fiscal 2026. No fresh results are due this week.
3 March 2026
MongoDB stock price slides in premarket as outlook disappoints after earnings beat

MongoDB stock price slides in premarket as outlook disappoints after earnings beat

MongoDB shares plunged 27% to $235.87 in premarket trading Tuesday after the company forecast weaker-than-expected first-quarter revenue and profit. The company projected Q1 revenue of $659 million to $664 million and adjusted EPS of $1.15 to $1.19. MongoDB also announced a sales leadership shakeup, with Cedric Pech set to depart as president of field operations in April.
Glencore share price slides 3% as war-driven oil shock hits London miners — what’s next for GLEN stock

Glencore share price slides 3% as war-driven oil shock hits London miners — what’s next for GLEN stock

Glencore shares fell 3.2% to 517.1 pence in early London trading Tuesday, reversing from a 12-month high. Rio Tinto, BHP, and Anglo American also declined as European stocks dropped on renewed Middle East tensions and rising oil prices. The STOXX 600 slipped 1.3% after Iran said the Strait of Hormuz was closed to marine traffic. Investors are watching inflation signals and Glencore’s April 30 production update.
BAE Systems and Babcock shares jump as Iran war jolts markets and lifts defence spending bets

BAE Systems and Babcock shares jump as Iran war jolts markets and lifts defence spending bets

BAE Systems shares jumped 6.1% and Babcock International rose 1.7% Monday, bucking a 1.2% drop in the FTSE 100, as investors responded to escalating conflict involving Iran. Oil prices surged and defence stocks rallied after Iranian attacks disrupted shipping in the Strait of Hormuz. The White House signaled plans to boost the U.S. defence budget to $1.5 trillion by 2027.
3 March 2026
LSEG share price drops again in London — war fears, rate bets and what’s next

LSEG share price drops again in London — war fears, rate bets and what’s next

London Stock Exchange Group shares dropped 0.7% to 8,716 pence in early Tuesday trading as European stocks fell on renewed Middle East war and inflation fears. The STOXX 600 index was down 1.3% by 0804 GMT. LSEG reported 505,332,519 total voting rights at February’s end and FTSE Russell set April 30 as “Rank Day” for the 2026 Russell US indexes reconstitution. The Bank of England’s next rate decision is due March 19.
3 March 2026
Rio Tinto stock drops 2% in London as war jitters bite; investors eye what’s next

Rio Tinto stock drops 2% in London as war jitters bite; investors eye what’s next

Rio Tinto shares dropped 2.1% to 7,181 pence in early London trading Tuesday, tracking losses across European miners as Middle East tensions drive up energy costs. The company approved a $473 million restart of its Richards Bay mineral sands project in South Africa and secured C$18.95 million in Canadian government support for a gallium pilot plant. Oil shipping costs surged as traffic through the Strait of Hormuz slowed.

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Dow Jones Turns Higher as Yields Ease — But One Bond-Market Warning Is Still There

Dow Jones Turns Higher as Yields Ease — But One Bond-Market Warning Is Still There

18 May 2026
The Dow Jones rose 110.87 points to 49,637.04 on Monday, while the S&P 500 and Nasdaq slipped. U.S. 10-year Treasury yields eased to 4.57% after touching a 15-month high. Brent crude traded near $110 following overnight volatility linked to supply fears and comments from President Trump. Dominion Energy shares jumped after NextEra agreed to buy it in a $66.8 billion all-stock deal.
Dow edges up while Nasdaq falls as bond worries drag on

Dow edges up while Nasdaq falls as bond worries drag on

18 May 2026
The Dow rose 0.22% to 49,637.04 late Monday morning, while the S&P 500 slipped 0.15% and the Nasdaq fell 0.44%. The 10-year Treasury yield dropped to 4.573% after hitting its highest since February 2025. Dominion Energy shares jumped after NextEra agreed to buy it for about $66.8 billion. Regeneron fell as a melanoma drug trial missed its main goal.
Intel Shares Try to Rebound as AI Chip Trade Faces Fresh Issue

Intel Shares Try to Rebound as AI Chip Trade Faces Fresh Issue

18 May 2026
Intel shares rose 0.3% to $109.10 in early New York trading Monday after last week’s selloff, as analysts raised price targets and President Trump commented on the U.S. government’s 10% stake, now valued above $50 billion. First-quarter revenue climbed 7% to $13.6 billion, with Data Center and AI sales up 22%. The iShares Semiconductor ETF fell 0.9%. Intel’s server CPU market share dropped to 54.9% in Q1, according to UBS.
BofA Hits Salesforce AI Ambitions With $160 Price Target

BofA Hits Salesforce AI Ambitions With $160 Price Target

18 May 2026
BofA Securities reinstated Salesforce with an Underperform rating and a $160 price target, citing risks from AI changing its growth model. Despite the downgrade, Salesforce shares rose $3.36 to $176.87 in early Monday trading. The company reports fiscal Q1 results on May 27. Analyst Tal Liani warned AI could reduce demand for seat-based subscriptions.

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SOFI heads into key week after tough session

SOFI heads into key week after tough session

17 May 2026
SoFi Technologies shares closed at $15.61 on Friday, down 2.56% for the day and 0.9% for the week. Trading volume reached about 50.1 million shares. The company maintained its 2026 outlook despite reporting record first-quarter results. Investors await SoFi’s May 19 presentation at J.P. Morgan’s technology conference.
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