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NASDAQ:ZEAL 6 March 2026

Zealand Pharma A/S shares plunge as petrelintide results trail Lilly in obesity race

Zealand Pharma A/S shares plunge as petrelintide results trail Lilly in obesity race

Zealand Pharma shares fell 32.53% to 249.10 Danish crowns by mid-morning Friday after new data for its obesity drug petrelintide disappointed investors, erasing about 8.3 billion crowns ($1.3 billion) in market value. A Phase 2 study showed up to 10.7% weight loss over 42 weeks, well below results seen with Eli Lilly’s rival drug. No vomiting or discontinuations due to gastrointestinal side effects were reported.
6 March 2026

Stock Market Today

  • Nasdaq and S&P 500 Futures Drop Over 1% Amid Inflation Worries
    May 16, 2026, 8:21 AM EDT. Futures linked to the Nasdaq and S&P 500 fell more than 1% on Friday, marking a potential pause in the U.S. stocks' AI-driven rally. The decline came as U.S. Treasury yields surged due to fears of rising inflation sparked by escalating tensions in the Middle East. Higher yields often pressure stocks as borrowing costs increase and risk aversion rises.

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Nvidia Shares Slip Ahead of Earnings as AI Trade Gears Up for a Big Week

Nvidia Shares Slip Ahead of Earnings as AI Trade Gears Up for a Big Week

16 May 2026
Nvidia shares dropped 4.4% to $225.32 Friday, trimming gains from a chip rally but leaving the stock up 4.7% for the week. U.S. markets are closed for the weekend ahead of Nvidia’s fiscal first-quarter results after Wednesday’s close. Options pricing signals a possible 7% post-earnings swing, putting the near-term trading range between $210 and $241. The Nasdaq snapped a six-week winning streak as chip stocks sold off.
Netflix Stock Holds Near $87 Ahead of Monday Signal

Netflix Stock Holds Near $87 Ahead of Monday Signal

16 May 2026
Netflix shares closed Friday at $87.02, nearly flat for the week, as the S&P 500 and Nasdaq both fell more than 1%. At its New York upfront, Netflix said its ad-supported plan now reaches over 250 million global monthly active viewers and will expand to 15 more countries in 2027. Analyst price targets average $115.89, but some remain cautious on user engagement and ad revenue growth.
Tesla’s China Rally Fades; Monday Seen Testing AI Optimism

Tesla’s China Rally Fades; Monday Seen Testing AI Optimism

16 May 2026
Tesla shares closed Friday at $422.24, down 4.75%, after no breakthrough on its driver-assistance software emerged from Trump’s Beijing summit. The stock lost 1.4% for the week, underperforming GM and NIO. Broader markets also fell, with the S&P 500 down 1.2%. Investors remain focused on China and Tesla’s Full Self-Driving approval prospects.
Palantir Steady as Nasdaq Slides Before Monday

Palantir Steady as Nasdaq Slides Before Monday

16 May 2026
Palantir closed Friday at $133.99, up 0.2%, but lost 2.8% for the week after a sharp midweek drop. The Nasdaq is closed for the weekend, with trading set to resume Monday. Palantir’s first-quarter revenue jumped 85% to $1.63 billion, but valuation concerns linger as its price-earnings ratio nears 150. Broader tech stocks, including Nvidia and AMD, fell sharply Friday.
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