Today: 18 May 2026

Wesfarmers share price ends higher after ASX close as Bunnings-Uber Eats deal draws a complaint

Wesfarmers share price ends higher after ASX close as Bunnings-Uber Eats deal draws a complaint

Wesfarmers shares closed up 0.6% at A$80.08 after a volatile session Monday. Mitre 10 filed a complaint with the ACCC over Bunnings’ exclusive Uber Eats delivery deal, alleging anti-competitive conduct. The dividend reinvestment plan pricing window opened, with allocation to be set by the average daily VWAP through March 20. The S&P/ASX 200 ended nearly flat at 9,200.9.
2 March 2026
DroneShield share price jumps as ASX:DRO rides defence bid into the close

DroneShield share price jumps as ASX:DRO rides defence bid into the close

DroneShield shares closed up 6.9% at A$3.87 in Sydney on Monday, leading gains among defence stocks after renewed Middle East tensions. The company last week announced A$21.7 million in new contracts for portable counter-drone systems, with delivery set for early 2026. Broader ASX trading was steady, while energy and defence names outperformed. Markets await Tuesday’s open and further contract news.
Woolworths share price jumps nearly 2% as WOW ex-dividend date nears

Woolworths share price jumps nearly 2% as WOW ex-dividend date nears

Woolworths Group shares rose 1.9% to A$36.68 at Monday’s close, ahead of a dividend reset and key economic data. The company filed routine director disclosures after the market, confirming Jon Alferness joined the board March 1. Net profit before significant items climbed 16.4% to A$859 million in the half-year, with interim dividend set to go ex-dividend March 4. Ord Minnett downgraded the stock to Accumulate from Buy.
2 March 2026
Qantas share price slides on Iran conflict and oil spike — what investors watch next

Qantas share price slides on Iran conflict and oil spike — what investors watch next

Qantas shares closed down 5.4% at A$9.41 after Brent crude surged up to 13% in early Asian trade amid fears of wider U.S.-Iran conflict. Airline stocks across the region fell as Middle East airspace closures forced rerouting and cancellations. Qantas will trade ex-dividend on March 10, with payment due April 15. The S&P/ASX 200 ended up 0.03%, led by energy and gold stocks.
Northern Star share price jumps nearly 5% — gold shock and March dividend date now in focus

Northern Star share price jumps nearly 5% — gold shock and March dividend date now in focus

Northern Star Resources rose 4.8% to A$31.73 Monday as gold prices jumped after U.S. and Israeli strikes on Iran. Spot gold climbed 1.37% to $5,349.44 an ounce, while the Australian dollar fell 0.9% against the U.S. dollar. Northern Star goes ex-dividend March 4 for an A$0.25 payout. Investors await Friday’s U.S. jobs report and the company’s March-quarter results in April.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 02.03.2026

LIVEMarkets rolling coverageStarted: March 2, 2026, 12:00 AM ESTUpdated: March 2, 2026, 11:59 PM EST Bank of Montreal Undervalued After 40% Rally, Says Excess Returns Model March 2, 2026, 11:34 PM EST. Bank of Montreal (TSX:BMO) shares have surged 40.5% over the past year, prompting debate on valuation. Despite this strong run, an Excess Returns model indicates the stock is about 28.2% undervalued, suggesting investors may still find value. The model compares the bank's return on equity, averaging 12.97%, with its cost of equity, revealing earnings exceed investor risk expectations. Shares recently closed at CA$198.90, below the intrinsic value of
2 March 2026
Robinhood stock: HOOD heads into Monday with CFO in the spotlight after a sharp Friday drop

Robinhood stock: HOOD heads into Monday with CFO in the spotlight after a sharp Friday drop

Robinhood shares fell 4.5% to $75.85 at Friday’s close, reversing recent gains, and dropped another 0.5% after hours. The stock is down about 16% since early February. Investors await CFO Shiv Verma’s conference appearance Monday for updates on strategy. Weekend U.S. and Israeli strikes on Iran pushed oil prices higher and spurred haven demand ahead of the new trading week.
1 March 2026
Home Depot stock ends Friday higher — here’s what could move HD shares next week

Home Depot stock ends Friday higher — here’s what could move HD shares next week

Home Depot shares closed up 1.5% at $380.72 Friday, while Lowe’s ended nearly flat at $264.57 after a volatile week for housing-related stocks. Existing U.S. home sales hit a two-year low in January, with mortgage rates at 6.09%. The S&P 500 fell 0.43% and the Dow dropped 1.05%. Home Depot reported Q4 sales of $38.2 billion, down 3.8%, and raised its dividend to $2.33 a share.
Synopsys stock (SNPS) set for Monday test after Morgan Stanley downgrade, Converge event in focus

Synopsys stock (SNPS) set for Monday test after Morgan Stanley downgrade, Converge event in focus

Morgan Stanley downgraded Synopsys to Equal-Weight and cut its price target to $480, sending shares down 2.8% to $414 on Friday. The stock has fallen about 8% over two sessions and now trades 36% below its July high. Synopsys reported Q1 revenue of $2.409 billion, with Ansys contributing $886 million. The company will address investors at its March 11 Converge event.
1 March 2026
WBD stock heads into Monday with a 9% gap to Paramount’s $31 offer — here’s what traders watch

WBD stock heads into Monday with a 9% gap to Paramount’s $31 offer — here’s what traders watch

Warner Bros. Discovery shares closed at $28.17 Friday, 9% below Paramount’s $31-per-share cash offer. California’s attorney general opened an investigation into the deal. Paramount expects to close in the third quarter of 2026, with a ticking fee if delayed past September 30. Shareholder vote is set for early spring.

Stock Market Today

  • OpenAI Secures Legal Victory Over Musk, Plans Major IPO
    May 18, 2026, 4:53 PM EDT. OpenAI has won a significant legal battle against Elon Musk, clearing a path towards a potential initial public offering (IPO). The outcome removes a major obstacle for the AI developer as it looks to capitalize on growing investor interest in artificial intelligence technologies. The IPO could be gigantic, signaling a substantial move in the tech financing arena. Musk's involvement had cast uncertainty over OpenAI's future capital plans. With the court decision, OpenAI is positioned to accelerate growth and innovation funding.

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Roblox Shares Jump Almost 10%, Safety Issue Remains Unanswered

Roblox Shares Jump Almost 10%, Safety Issue Remains Unanswered

18 May 2026
Roblox shares rose 9.6% to $46.98 on Monday, bucking declines in the broader tech sector. The jump followed a month-long selloff tied to new child-safety measures, which the company says have reduced user communication and slowed new sign-ups. Roblox cut its 2026 bookings outlook on April 30, but first-quarter revenue and daily active users both rose over 35%. Analysts cited competition from Fortnite and the upcoming Grand Theft Auto VI.
Vertiv shares slide ahead of AI data center update

Vertiv shares slide ahead of AI data center update

18 May 2026
Vertiv Holdings shares dropped 8.5% to $339.41 on Monday, erasing over $12 billion in market value ahead of a key investor conference. Trading volume reached about 7 million shares. The decline outpaced peers as U.S. tech stocks fell broadly. Vertiv urged shareholders to reject a mini-tender offer from Tutanota LLC for up to 500,000 shares.
AI stocks stall as bond market weighs on Wall Street

AI stocks stall as bond market weighs on Wall Street

18 May 2026
The Nasdaq fell 0.65% Monday as technology shares slid, with chip stocks retreating ahead of Nvidia’s earnings. Oil prices rose and Treasury yields stayed near recent highs, keeping inflation concerns in focus. NextEra and Dominion Energy announced a $66.8 billion merger, sending Dominion up 10%. Regeneron shares dropped after its melanoma drug missed a key trial goal.

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Archer Aviation Stock Faces a Monday Test After Friday’s Slide and a New Share Filing

Archer Aviation Stock Faces a Monday Test After Friday’s Slide and a New Share Filing

17 May 2026
Archer Aviation shares fell 5.6% Friday to $6.05, with volume near 46 million. A May 14 SEC filing registered 3.27 million resale shares and up to $8 million in new stock for vendors, expected around May 19. Archer ended Q1 with $1.78 billion in cash and reported a net loss of $217.7 million. The company is scheduled to appear at Deutsche Bank’s auto industry conference Tuesday.
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