Today: 16 May 2026

GameStop Stock Jumps Again: Why GME Is Back Above $25 And What Could Break The Rally

GameStop Stock Jumps Again: Why GME Is Back Above $25 And What Could Break The Rally

GameStop shares rose about 4.2% to near $25.49 in midday New York trading Wednesday, with volume topping 5.3 million shares after a short Xbox and PlayStation trade-in promotion and renewed speculation about CEO Ryan Cohen’s acquisition plans. Cohen told CNBC he wants GameStop to buy a much larger public consumer company but did not name a target. GameStop’s cash and securities rose to $9 billion last quarter as net sales fell.
22 April 2026
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RTX Raises 2026 Outlook on Missile Demand and Jet-Service Strength, but Stock Slides Again

RTX Raises 2026 Outlook on Missile Demand and Jet-Service Strength, but Stock Slides Again

RTX raised its 2026 adjusted EPS guidance to $6.70-$6.90 and sales outlook to $92.5-$93.5 billion after first-quarter revenue rose 9% and adjusted EPS climbed 21%. Raytheon missile programs and Pratt & Whitney’s aftermarket work drove gains; backlog reached $271 billion. Shares fell about 2.5% Wednesday morning after a 4.4% drop Tuesday. First-quarter sales totaled $22.08 billion, up from $20.31 billion a year ago.
22 April 2026
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Vanguard ETF Splits Take Effect: What Lower Prices for VGT, VUG, MGK, VOOG and VO Mean Now

Vanguard ETF Splits Take Effect: What Lower Prices for VGT, VUG, MGK, VOOG and VO Mean Now

Vanguard’s five planned ETF share splits took effect, dropping prices for VGT to $102.24, VUG to $82.59, MGK to $83.55, VOOG to $77.16, and VO to $76.68 by Wednesday morning in New York. The splits do not affect portfolio composition or investor value. Fund assets as of March 31 totaled $317.8 billion for VUG and $198.3 billion for VO. Vanguard says splits aim to improve trading by lowering share prices.
22 April 2026
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Trump Administration Nears $500 Million Spirit Rescue as American Rejects United Merger (Bloomberg)

Trump Administration Nears $500 Million Spirit Rescue as American Rejects United Merger (Bloomberg)

The Trump administration is close to a deal to lend Spirit Airlines up to $500 million, with Washington set to receive warrants for future shares, according to Bloomberg and The Wall Street Journal. The rescue, not yet finalized, would be a rare federal intervention in a single airline. Spirit sought emergency aid after fuel prices doubled its costs, threatening its bankruptcy exit plan. The White House opposes a United-American merger.
22 April 2026
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Opendoor Technologies Stock Keeps Climbing as Earnings Test Looms

Opendoor Technologies Stock Keeps Climbing as Earnings Test Looms

Opendoor Technologies shares rose 0.8% to $5.50 Wednesday morning, continuing a rebound ahead of first-quarter results due May 7. The stock is up from $4.51 on April 14. The company will replace its usual earnings call with a video "Financial Open House" for live shareholder questions. Wall Street remains divided on Opendoor's path to profitability as investors watch for improved unit economics.
22 April 2026
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Indian Stock Market Today: Sensex, Nifty 50 Slide as HCLTech Sparks IT Selloff; 24,000 in Focus

Indian Stock Market Today: Sensex, Nifty 50 Slide as HCLTech Sparks IT Selloff; 24,000 in Focus

HCLTech shares plunged 10.7% Wednesday after a weak growth forecast, dragging the Nifty 50 down 0.81% to 24,378.10 and the Sensex 0.95% lower. Infosys and Tata Consultancy Services also fell sharply, pulling the Nifty IT index down 3.9%. Small- and mid-cap stocks rose, but financials slipped. Traders are watching whether banks can keep the Nifty 50 above 24,000 amid volatile oil prices and Middle East tensions.
22 April 2026
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United Airlines CEO Sidesteps American Airlines Merger Talk as Trump Opposes Deal, Signals Support for Spirit

United Airlines CEO Sidesteps American Airlines Merger Talk as Trump Opposes Deal, Signals Support for Spirit

United Airlines CEO Scott Kirby declined to confirm interest in acquiring American Airlines, keeping merger speculation active after President Trump voiced opposition. United cut its 2026 outlook as jet-fuel costs rise amid the Iran conflict, but reported $14.6 billion in first-quarter revenue. American rejected merger talks, citing competition concerns. A combined carrier would control about 40% of U.S. domestic flying capacity.
22 April 2026
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Boeing Q1 2026 Earnings Beat as 143 Jet Deliveries Cut Losses, but Cash Burn Still Weighs

Boeing Q1 2026 Earnings Beat as 143 Jet Deliveries Cut Losses, but Cash Burn Still Weighs

Boeing posted a first-quarter net loss of $7 million, far smaller than analysts’ forecasts, as revenue rose 14% to $22.2 billion on stronger jet deliveries. Free cash flow remained negative at $1.5 billion, but improved from last year. Commercial airplanes delivered 143 jets, outpacing Airbus, but the unit still lost $563 million. Total backlog reached a record $695 billion, with defense and services offsetting some losses.
22 April 2026
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Why Strategy Stock (MSTR) Is Outpacing Bitcoin Again After a $2.54 Billion Buy

Why Strategy Stock (MSTR) Is Outpacing Bitcoin Again After a $2.54 Billion Buy

Strategy, formerly MicroStrategy, bought 34,164 bitcoin for $2.54 billion in the week ended April 19, raising its total to 815,061 coins. The company funded the purchase by selling $2.54 billion in securities, including 21.8 million STRC preferred shares. Strategy’s latest acquisition puts its bitcoin holdings ahead of BlackRock’s IBIT. Shares were down 4% premarket Wednesday but had risen nearly 37% in April.
22 April 2026
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SoundHound AI Stock Rebounds After $43 Million LivePerson Deal as Investors Reassess the Selloff

SoundHound AI Stock Rebounds After $43 Million LivePerson Deal as Investors Reassess the Selloff

SoundHound AI shares rose 3.8% in premarket trading after announcing a $43 million all-stock deal to acquire LivePerson. The merger would unite 25 Fortune 100 customers and a network handling 1 billion messages monthly. SoundHound expects the combined company to be debt-free at closing and forecasts 2027 revenue of at least $350 million. The deal requires LivePerson shareholder and regulatory approvals.
22 April 2026
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AT&T Earnings Beat as Meritage, TD Waterhouse and Zurcher Stake Cuts Resurface

AT&T Earnings Beat as Meritage, TD Waterhouse and Zurcher Stake Cuts Resurface

AT&T added 294,000 postpaid wireless subscribers in the first quarter, beating forecasts, and reported a 2.9% revenue rise to $31.5 billion. The company maintained its 2026 outlook. Recent reports of institutional stake cuts were based on year-end 2023 data, before AT&T’s Lumen fiber deal and latest earnings. Free cash flow dropped to $2.5 billion as capital spending increased.
22 April 2026
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Best Buy CEO Corie Barry to Step Down, Jason Bonfig Named Successor as Sales Stay Sluggish

Best Buy CEO Corie Barry to Step Down, Jason Bonfig Named Successor as Sales Stay Sluggish

Best Buy said CEO Corie Barry will step down Oct. 31, with Jason Bonfig, chief customer, product and fulfillment officer, taking over Nov. 1 and joining the board. The move comes as Best Buy faces sluggish sales; fourth-quarter comparable sales fell 0.8%. Barry will remain as a strategic adviser for six months. Bonfig, with Best Buy since 1999, currently oversees merchandising, e-commerce, and supply chain.
22 April 2026
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Why POET Technologies Stock Is Soaring Again After PFIC Tax Fix and Marvell Order Talk

Why POET Technologies Stock Is Soaring Again After PFIC Tax Fix and Marvell Order Talk

POET Technologies shares jumped 19.3% to $10.25 Tuesday, extending Monday’s 18.3% gain after management addressed tax concerns raised by a short-seller. CFO Thomas Mika said POET does not expect to qualify as a PFIC in 2026 and confirmed a purchase order tied to Marvell. The company reported $341,202 in Q4 revenue and a $42.7 million net loss. POET targets second-quarter sampling of its 1.6T module with Lessengers.
22 April 2026
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GE Vernova Lifts 2026 Forecast as AI Data-Center Power Demand Drives Orders

GE Vernova Lifts 2026 Forecast as AI Data-Center Power Demand Drives Orders

GE Vernova raised its 2026 revenue forecast to $44.5–$45.5 billion after first-quarter orders surged to $18.3 billion, driven by data center demand. Revenue climbed 16% to $9.34 billion, while net income hit $4.75 billion, boosted by $4.5 billion in M&A gains. The electrification unit booked $2.4 billion in data center orders, surpassing last year’s total. Wind unit revenue dropped 23%, posting a $382 million EBITDA loss.
22 April 2026
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Vertiv Q1 Earnings Beat, 2026 Outlook Raised, but Shares Slip as AI Data Center Bar Stays High

Vertiv Q1 Earnings Beat, 2026 Outlook Raised, but Shares Slip as AI Data Center Bar Stays High

Vertiv reported first-quarter net sales up 30% to $2.65 billion and raised its 2026 outlook, citing strong AI data center demand. Adjusted earnings reached $1.17 a share, beating estimates, but shares fell premarket as the second-quarter forecast matched analyst targets. Americas core growth was 44%, while EMEA sales dropped 20.3%. Full-year sales guidance increased to $13.5–$14.0 billion.
22 April 2026
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FTSE 100 Today: Why London Stocks Are Stuck Near 10,500 as Inflation Bites

FTSE 100 Today: Why London Stocks Are Stuck Near 10,500 as Inflation Bites

UK inflation rose to 3.3% in March, driven by higher motor fuel prices, the Office for National Statistics said Wednesday. The FTSE 100 hovered near 10,500, down 0.04%, as losses in Reckitt and JD Sports offset gains in miners and BP. Reckitt fell 5% after missing sales forecasts and warning on margins. Investors weighed whether the inflation jump could prompt a tougher Bank of England stance.
22 April 2026
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US Stock Market Today: Futures Rise Before the Bell as Iran Truce and Tesla Earnings Put Wall Street on Alert

US Stock Market Today: Futures Rise Before the Bell as Iran Truce and Tesla Earnings Put Wall Street on Alert

U.S. stock futures rose early Wednesday after President Trump said he would extend the Iran ceasefire indefinitely, with Dow, S&P 500, and Nasdaq 100 futures up between 0.48% and 0.76%. Oil hovered near $100 as the Strait of Hormuz remained closed, and only three ships passed through in 24 hours. United Airlines reported higher Q1 earnings but warned of rising fuel costs and trimmed capacity plans. Tesla’s Q1 results are due after the close.
22 April 2026
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Stock Market Today

  • PVH Shares Drop 3% as April Inflation Surges to 3.8% Annual Rate
    May 15, 2026, 8:16 PM EDT. PVH shares fell 3% following the latest Consumer Price Index report showing inflation at a 3.8% annual rate in April, the fastest since 2023. Energy costs, notably a 5.4% rise in gasoline prices linked to the Iran conflict, sharply increased. Higher prices for essentials like food and shelter raised concerns over reduced consumer spending on discretionary items, impacting retail and consumer goods sectors. PVH's stock, volatile with 14 moves over 5% in the past year, reacted moderately compared to a recent 7.7% drop amid crude oil price surges and weak consumer sentiment. Goldman Sachs lowered its 2026 discretionary cash flow forecast from 5.1% to 3.7%, citing squeezed consumer budgets. PVH trades 18% below its 52-week high, with long-term investors facing a decline in value.

Latest articles

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

16 May 2026
U.S. stock ETFs fell in after-hours trading Friday following a more than 1% drop in the S&P 500, Dow, and Nasdaq. Oil surged 4.2% to $105.42 a barrel and the 10-year Treasury yield hit 4.597%, fueling concerns over inflation and Fed rate hikes. Nvidia, AMD, and Intel led chip declines, while Berkshire Hathaway disclosed a $2.65 billion Delta stake and exited Amazon, Visa, and Mastercard.
Accuray inks 10-year cancer tech agreement, shares in focus

Accuray inks 10-year cancer tech agreement, shares in focus

16 May 2026
Accuray and the University of Wisconsin School of Medicine and Public Health signed a 10-year research agreement focused on Accuray’s Stellar adaptive radiotherapy platform. The announcement came after market close, with Accuray shares ending down 5.2% at $0.27. The deal follows Accuray’s recent withdrawal of fiscal 2026 guidance and ongoing financial pressures.
Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

16 May 2026
Origin Materials asked shareholders to approve a plan to liquidate and dissolve the company, estimating an initial payout of $0.61 to $3.54 per share depending on asset sales and claims. Shares rose 15% to $1.43 after the filing. The company reported a 91% drop in first-quarter revenue and warned it may not survive without the wind-down. Origin cut 59% of its workforce and CEO John Bissell stepped down May 1.
NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

16 May 2026
NextNRG reported first-quarter revenue of $21.1 million, up 29% from a year earlier, but its net loss widened to $10.8 million. Cash fell to $208,048 at quarter-end, and management warned it needs immediate capital to continue operations. Shares closed at $0.2804 on Nasdaq, down nearly 6%. Total liabilities reached $34.3 million, with a stockholders’ deficit of $22 million.
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