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NASDAQ:ARAY 16 May 2026

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

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

Accuray Incorporated announced late Friday it’s entering a 10-year tie-up with the University of Wisconsin School of Medicine and Public Health. The two plan to work on customized cancer treatments with Accuray’s Stellar adaptive radiation therapy platform. Accuray put out the news after the Nasdaq close, a detail that mattered for the already struggling stock. Accuray’s deal comes at a time when the company is trying to show it can still draw clinical demand for its technology, even as investors turn their attention to its more troubled financial outlook. The Madison radiation-therapy systems maker pulled its fiscal 2026 guidance last week, blaming Middle East shipment delays, weaker service revenue, and ongoing uncertainty in China.
16 May 2026

Stock Market Today

  • US Stock Futures Slip Before US-Iran Talks, Tech Stocks Lead Gains
    June 29, 2026, 11:36 PM EDT. U.S. stock futures slipped early with US-Iran talks set to take place in Doha. S&P 500 futures were off 0.20%, Dow futures fell 0.15% and Nasdaq 100 futures lost 0.25%. This drop comes after Monday's close where the S&P 500 added 1.18%, the Nasdaq jumped 2.07% for its best quarter since 2020, and the Dow Jones Industrial Average finished above 52,000 for a record. Tech names powered the move, with Alphabet up close to 5%. Amazon, Meta and Nvidia also gained. Semiconductors tracked higher as chip ETFs rallied, even with some worries on how long AI demand can keep driving the moves. Oil eased a bit with Middle East tensions cooling, but stayed above $70.
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