Today: 16 May 2026
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MTA:BAMI 7 March 2026

Last Week on Borsa Italiana: FTSE MIB Drops 6.5% as Banks Sink, Nexi Slides, Leonardo Holds Up

Last Week on Borsa Italiana: FTSE MIB Drops 6.5% as Banks Sink, Nexi Slides, Leonardo Holds Up

Italy’s FTSE MIB closed Friday at 44,152.26, down 6.48% from Feb. 27 and sharply below last week’s high. Nexi shares plunged 22% after unveiling a new plan, while STMicroelectronics and major banks also fell. Leonardo rose 3.39% after a UK helicopter contract. Investors raised bets on an ECB rate hike in 2026 as oil prices surged and inflation risks grew.

Stock Market Today

  • SpaceX Plans IPO Filing on Nasdaq with $2 Trillion Valuation Potential
    May 15, 2026, 9:34 PM EDT. SpaceX is reportedly preparing to file publicly for its initial public offering (IPO) as soon as Wednesday, aiming to start marketing by June 4 and list on Nasdaq under the ticker SPCX by June 12. The aerospace and satellite company, led by Elon Musk, targets raising up to $75 billion at a valuation exceeding $2 trillion, potentially marking the largest IPO ever. Key underwriters include Bank of America, Goldman Sachs, and JPMorgan Chase. SpaceX's revenue stems primarily from rocket launches and its Starlink satellite internet service, forecasted to approach $20 billion in 2026. The company also recently added AI with the acquisition of xAI's Grok AI. This IPO offers investors a stake in a rapidly expanding space and AI powerhouse.

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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