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NSE:KCB 16 February 2026

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 16.02.2026

The Nairobi Securities Exchange hit a record Sh3.419 trillion market capitalization after a 6.9% weekly surge, adding Sh220 billion in investor wealth. Safaricom, Equity Bank, KCB, and Stanbic led gains, fueled by dividend news and bank earnings expectations. Retail activity spiked, with transactions doubling to 101,000 as investors used the new Ziidi Trader mobile platform.
16 February 2026
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Stock Market Today

  • Factorial Energy Inc. Lists on Nasdaq, Advances Solid-State Battery Scale-Up
    June 9, 2026, 7:28 AM EDT. Factorial Energy Inc. has debuted on Nasdaq under ticker symbols FAC and FACWW following a $1.3 billion business combination with Cartesian Growth Corporation III, a special purpose acquisition company. The transaction raised over $100 million to accelerate commercialization of its next-generation solid-state batteries for defense, aerospace, and e-mobility sectors. Factorial's technology, validated through vehicle integrations and partnerships, aims to scale via a capital-light model emphasizing joint manufacturing. Leadership includes former executives from Panasonic and Daimler, underscoring industry expertise. Factorial will celebrate the listing by ringing the Nasdaq Opening Bell on June 17 and showcasing demonstration vehicles, signaling confidence in its path from validation to scalable production.

Latest articles

Tesla’s China Deal Buys Time. Robotaxi Bets Still in Focus

Tesla’s China Deal Buys Time. Robotaxi Bets Still in Focus

9 June 2026
Tesla surged 4.63% to $408.97 after May China retail sales jumped 22.53% year-on-year to 47,281 vehicles, ending a two-month decline, giving investors a concrete reason to revisit the stock ahead of Tuesday’s open, but risks remain as year-to-date sales are still down and the robotaxi fleet is small.
Micron Shares Edge Higher Again, But AI Memory Push Still Has a Snag

Micron Shares Edge Higher Again, But AI Memory Push Still Has a Snag

9 June 2026
Micron Technology jumped 3.77% premarket to $985.04 as investors returned to AI memory stocks, with analyst target hikes and strong demand for high-bandwidth memory driving gains; upcoming June 24 earnings will test whether Micron’s shift to stable, AI-driven revenue can justify its new valuation.
Cerebras Jumps Again After Wall Street Calls Its AI Chip a Rival for Nvidia

Cerebras Jumps Again After Wall Street Calls Its AI Chip a Rival for Nvidia

9 June 2026
Cerebras Systems surged 18.32% Monday and jumped another 3.66% premarket to $246.53 after at least nine Wall Street banks launched bullish coverage, spotlighting the AI-chip maker’s rapid rise as a public-market test for AI hardware demand beyond Nvidia, with investor focus on its massive OpenAI deal and AWS partnership—but risks loom if OpenAI demand shifts or rivals defend their turf.
Keel Infrastructure Shares Climb Premarket on $400M AI Power Deal

Keel Infrastructure Shares Climb Premarket on $400M AI Power Deal

9 June 2026
Keel Infrastructure surged 3.18% premarket to $5.84 as investors weighed a $400 million upsized convertible note sale to fund its AI data-center pivot, with notes convertible at $7.41—25% above last week’s close. The stock is up 529.59% year-over-year but remains volatile amid execution, permitting, and dilution risks, as analysts cite progress on key HPC/AI projects and the sector draws attention for power access.
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