Today: 29 May 2026

Constellation Energy stock tumbles nearly 10% as PJM power-price curbs enter the frame

Constellation Energy stock tumbles nearly 10% as PJM power-price curbs enter the frame

Constellation Energy shares fell 9.8% to $307.71 Friday after the White House ordered PJM to hold an emergency power auction and cap capacity market prices. PJM detailed new rules for large data centers, including requiring them to provide their own generation or face curtailment. Vistra and NRG Energy also dropped. U.S. markets will be closed Monday for MLK Day.
17 January 2026
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Novo Nordisk stock jumps on Wegovy pill scripts and UK high-dose nod — what to watch next week

Novo Nordisk stock jumps on Wegovy pill scripts and UK high-dose nod — what to watch next week

Novo Nordisk shares surged 6.5% in Copenhagen and 9.1% in New York after early U.S. prescription data showed 3,071 Wegovy pill scripts filled in four days. Britain approved a higher maximum dose of Wegovy for obesity patients. A Texas compounding pharmacy sued Novo and Eli Lilly over alleged market dominance. Novo called the lawsuit “without merit.”
17 January 2026
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Super Micro Computer stock jumps 11% as TSMC’s AI outlook lifts the mood — what SMCI traders watch next

Super Micro Computer stock jumps 11% as TSMC’s AI outlook lifts the mood — what SMCI traders watch next

Super Micro Computer shares surged 11% to $32.64 Friday on heavy volume after TSMC posted a strong profit and raised its 2026 spending forecast. The broader U.S. market ended flat ahead of the holiday weekend. Chip and AI-related stocks rallied, with TSMC projecting 2026 revenue growth near 30%. U.S. markets reopen Tuesday with major earnings reports expected.
17 January 2026
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Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones

Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones

Riot Platforms shares surged 16% to $19.24 after announcing a 10-year, $311 million data-center lease with AMD at its Texas facility. AMD will lease 25 megawatts of capacity, with options that could raise the deal’s value to $1 billion. The retrofit will cost $89.8 million. Other bitcoin miners and AMD also closed higher Friday.
17 January 2026
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Budget 2026 curveball? India weighs joint taxation for couples as ICAI pushes overhaul

Budget 2026 curveball? India weighs joint taxation for couples as ICAI pushes overhaul

India’s Finance Ministry is considering an optional joint taxation system for married couples, NDTV reported. The Institute of Chartered Accountants of India has proposed separate tax slabs for joint filers, aiming to ease the burden on single-income households. Finance Minister Nirmala Sitharaman will present the Union Budget on February 1. ICAI’s forensic accounting exam registration closes January 17, with the test set for January 24.
17 January 2026
Severn Trent share price: SVT closes higher as Ofwat scrutiny keeps UK water stocks in focus

Severn Trent share price: SVT closes higher as Ofwat scrutiny keeps UK water stocks in focus

Severn Trent shares rose 0.6% to 2,835 pence at Friday’s close, with no new company updates since Jan. 2. The water utility’s market cap stands at £8.54 billion. Investors are awaiting Severn Trent’s trading update due February 11. Regulatory scrutiny in the UK water sector remains in focus after Ofwat launched an investigation into South East Water.
17 January 2026
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Ashtead Group share price: Buyback filing keeps traders focused as London heads into Monday

Ashtead Group share price: Buyback filing keeps traders focused as London heads into Monday

Ashtead shares closed down 0.4% at 5,302 pence in London Friday after the group bought back 72,300 shares for treasury at an average 5,327.7 pence each. The company now holds 35.1 million shares in treasury, with 416.2 million outstanding. Traders are watching the pace of buybacks and the timeline for Ashtead’s planned U.S. relisting. The $1.5 billion buyback is set to launch March 2, coinciding with Sunbelt’s NYSE debut.
17 January 2026
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Standard Chartered share price hits new 52-week high — what to watch for STAN.L on Monday

Standard Chartered share price hits new 52-week high — what to watch for STAN.L on Monday

Standard Chartered shares rose 1.5% to 1,878.5 pence Friday, setting a 52-week high in London. The bank is considering a full exit from Botswana, according to the country’s central bank, and is weighing options for its India credit-card business. Standard Chartered repurchased over 549,000 shares on Jan. 15. The FTSE 100 closed flat after hitting a record high Thursday.
17 January 2026
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EPFO’s UPI withdrawal plan could roll out by April — plus “Suvidha” helpers to fix PF snags

EPFO’s UPI withdrawal plan could roll out by April — plus “Suvidha” helpers to fix PF snags

India’s EPFO will enable provident fund withdrawals via UPI by April, allowing direct transfers to members’ bank accounts with UPI PIN authentication, officials said Friday. The agency is piloting licensed “Suvidha Providers” to help members file claims and resolve issues. Faster processing will still require verified KYC and fraud safeguards. A Central Board of Trustees meeting in February will review the proposals.
17 January 2026
Experian share price slips into the weekend as dividend FX set — what to watch next week

Experian share price slips into the weekend as dividend FX set — what to watch next week

Experian shares fell 1.02% to 3,296 pence Friday after the company set a £1=$1.33804 exchange rate for its 21.25 cent interim dividend, translating to about 15.88 pence per share. The FTSE 100 slipped 0.04% to 10,235.29. Experian will report third-quarter trading for FY26 on Jan. 21. The company issued 81,305 shares under its UK Sharesave plan in the latest six-month period.
17 January 2026
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SpaceX’s NROL-105 launch puts new U.S. spy satellites in orbit as NRO ramps up “proliferated” fleet

SpaceX’s NROL-105 launch puts new U.S. spy satellites in orbit as NRO ramps up “proliferated” fleet

SpaceX launched a Falcon 9 rocket from Vandenberg Space Force Base late Friday, carrying classified NRO satellites into low Earth orbit. The first-stage booster B1100 landed safely at the base about 7.5 minutes after liftoff. Details on the number and nature of the satellites remain undisclosed. The mission supports the NRO’s expanding network of smaller reconnaissance satellites.
17 January 2026
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Stock Market Today

  • Cathie Wood Buys Cerebras Post-IPO Amid Rising AI Chip Market Interest
    May 28, 2026, 8:09 PM EDT. Cathie Wood, CEO of Ark Invest, has recently purchased shares in Cerebras Systems (NASDAQ: CBRS), a newly public artificial intelligence (AI) chip maker, shortly after its IPO. Cerebras' stock dipped 14% since its market debut on May 14 but remains notable for surging 68% on its first trading day and raising $5.5 billion, the largest IPO of 2024 so far. Wood's Ark Innovation and Ark Next Generation Internet funds hold Cerebras as a mid-level position, comparable in size to their stake in Nvidia, a leading AI chip designer. Cerebras produces a large, high-speed chip with superior memory bandwidth, fueling rapid revenue growth from $24 million in 2022 to $510 million last year, and expanded availability through Amazon Web Services. Investors watch closely to see if this strategy capitalizes on AI hardware demand.

Latest articles

Red Cat Stock Sinks as Discounted $225 Million Sale Tests Drone Boom Thesis

Red Cat Jumps 32% on Drone Hype, Eyes Maritime Move

29 May 2026
Red Cat shares rose 32% to $14.15 in after-hours trading Thursday, with over 77 million shares traded. The company announced its Blue Ops unit will begin full-rate production of the U.S.-built Variant 7 uncrewed surface vessel. Drone stocks rallied after reports of possible Trump administration funding for U.S. drone firms. Red Cat was not named in those talks but moved with the sector.
NetApp Up 13% After Strong Earnings, Citing AI Storage Demand

NetApp Up 13% After Strong Earnings, Citing AI Storage Demand

29 May 2026
NetApp shares jumped 13% to near $161 in after-hours trading Thursday after the company beat Wall Street estimates with $1.95 billion in quarterly revenue and $2.43 adjusted EPS. The company forecast fiscal 2027 revenue up to $7.575 billion, citing strong AI and cloud demand. All-flash array revenue hit a record $1.2 billion. NetApp warned of margin risks from rising memory and component costs.
Ambev Shares Slip After Goldman Flags Beer Rally Risk

Ambev Shares Slip After Goldman Flags Beer Rally Risk

29 May 2026
Ambev shares fell 1.9% to 16.29 reais in São Paulo Thursday, underperforming the Ibovespa, which slipped 0.39%. Goldman Sachs reiterated its sell rating and 12.90-real target, citing weak beer volumes and limited room for further price hikes. BTG Pactual upgraded Ambev to buy this week, raising its target to 20 reais. Ambev’s U.S. ADR dropped 2.1% to $3.20 on heavy volume.
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