Today: 16 May 2026
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Earnings Reports 3 January 2026

Pfizer stock today: PFE ends first 2026 session higher as pricing scrutiny returns and Feb. 3 results loom

Pfizer stock today: PFE ends first 2026 session higher as pricing scrutiny returns and Feb. 3 results loom

Pfizer shares closed up 1.1% at $25.18 on Friday, after leading U.S. drugmakers in January list-price hikes, including a 15% increase for its COVID vaccine Comirnaty. The stock remains below its 52-week high of $27.69. Investors await Pfizer’s Feb. 3 earnings update and monitor upcoming U.S. jobs and inflation data.
Starbucks stock today: SBUX slips after MrBeast tie-up as investors eye earnings and rates

Starbucks stock today: SBUX slips after MrBeast tie-up as investors eye earnings and rates

Starbucks shares closed down 0.3% at $83.97 Friday, about 29% below their 52-week high. The company announced a marketing tie-in with YouTube creator MrBeast’s “Beast Games” and a limited-time drink launching Jan. 14. Investors are watching upcoming earnings, U.S. store changes, and the timeline for Starbucks’ China joint venture with Boyu Capital.
Qualcomm stock today: QCOM rises on Toyota RAV4 Snapdragon news as CES, earnings loom

Qualcomm stock today: QCOM rises on Toyota RAV4 Snapdragon news as CES, earnings loom

Qualcomm shares closed up 1.1% at $172.98 Friday, trailing a 4.2% gain in the semiconductor ETF. A U.S. filing showed CFO Akash Palkhiwala plans to sell 3,333 shares worth about $576,542 under a pre-set trading plan. The move followed news that Toyota’s new RAV4 will use Qualcomm’s Snapdragon Digital Chassis. Investors are watching CES events starting Monday for further updates.
Citigroup stock today: Citi shares rise as yields climb, with jobs data and earnings next on deck

Citigroup stock today: Citi shares rise as yields climb, with jobs data and earnings next on deck

Citigroup shares climbed 1.7% to $118.70 Friday, tracking a rise in U.S. Treasury yields as the S&P 500 gained 0.19%. The move comes ahead of Citi’s fourth-quarter results, set for Jan. 14, and follows confirmation of internal approvals for the sale of its Russian unit. Wells Fargo, Bank of America, and JPMorgan also advanced. Traders are watching upcoming jobs and inflation data for signals on Fed policy.
Cisco stock ends lower on ex-dividend day as investors look to jobs data, Fed and February earnings

Cisco stock ends lower on ex-dividend day as investors look to jobs data, Fed and February earnings

Cisco shares closed down 1.3% at $76.04 Friday after trading ex-dividend for a $0.41 payout due Jan. 21. The decline coincided with weakness in cybersecurity stocks and broader mixed markets. Adjusted for the dividend, Cisco’s drop was about 0.8%. Investors now await U.S. jobs data and Cisco’s next earnings report in February.
Meta stock slips to start 2026 as rates rise; traders eye earnings timing

Meta stock slips to start 2026 as rates rise; traders eye earnings timing

Meta Platforms shares fell 1.4% to $650.41 on Friday, marking a second straight drop as Treasury yields climbed and U.S. stocks closed mixed. Trading volume was about 13.7 million shares, below the 50-day average. The 10-year Treasury yield ended near 4.19%. Investors are awaiting next week’s U.S. labor data and Meta’s earnings date.
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Stock Market Today

  • Salesforce Stock Climbs 3.7% Amid Analyst Price Target Cuts and Strong Earnings
    May 15, 2026, 7:02 PM EDT. Salesforce Inc. (NYSE:CRM) shares rose 3.7% on Friday, closing at $173.77, supported by higher-than-expected quarterly earnings of $3.81 per share versus estimates of $3.05. The company's revenue also beat estimates, reaching $11.2 billion, up 12.1% year-on-year. However, several Wall Street firms revised their price targets downward, with ranges from $210 to $300, and maintained mixed ratings from "market perform" to "overweight." Salesforce's market capitalization stands at $142.18 billion with a P/E ratio of 22.25. The firm projects FY 2027 earnings per share guidance of 13.110-13.190 and Q1 2027 EPS of 3.110-3.130.

Latest articles

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

16 May 2026
SpaceX plans to list on Nasdaq as early as June 12 under the ticker SPCX, seeking to raise about $75 billion at a $1.75 trillion valuation, sources told Reuters. The company aims to publish its prospectus next week, with investor meetings set for June 4. Bloomberg reported Brookfield has already placed a $2 billion bet ahead of the IPO. SpaceX’s filing includes supervoting shares and strict limits on shareholder proposals.
Broadcom Slips as AI Chip Stocks See Selling

Broadcom Slips as AI Chip Stocks See Selling

16 May 2026
Broadcom shares fell 3.3% to $425.19 on Friday, leading a sector-wide drop in AI-linked chip stocks after a recent rally. No company-specific news triggered the decline. Higher oil prices and Treasury yields fueled inflation concerns, raising expectations that the Federal Reserve could keep interest rates elevated. Nvidia and AMD also posted sharp losses.
Alphabet Falls as Ackman Exits, Broader Tech Weakness

Alphabet Falls as Ackman Exits, Broader Tech Weakness

16 May 2026
Alphabet shares fell 1.1% Friday after Bill Ackman’s Pershing Square disclosed it sold its entire Alphabet stake to fund a new Microsoft position. The Nasdaq dropped 1.54% as rising oil prices and Treasury yields pressured tech stocks. Microsoft rose 3.1% on the news. Alphabet reported Q1 revenue up 22% to $109.9 billion, but raised 2026 capex guidance to as much as $190 billion.
Macy’s up as Berkshire Hathaway buys in; tariffs still on traders’ radar

Macy’s up as Berkshire Hathaway buys in; tariffs still on traders’ radar

16 May 2026
Berkshire Hathaway disclosed a $55 million stake in Macy’s, sending the retailer’s shares up 5.9% in after-hours trading. The position, revealed in a quarterly SEC filing, covers about 3.04 million shares as of March 31. Macy’s board declared a quarterly dividend of 19.15 cents per share, payable July 1. The company forecast lower net sales for fiscal 2026 amid ongoing tariff and consumer spending pressures.
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