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NSE:SBH 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.

Stock Market Today

  • Elevra Lithium (ASX:ELV) Valuation Review Post A$275 Million Capital Raise and Quebec Expansion
    May 19, 2026, 8:11 AM EDT. Elevra Lithium (ASX:ELV) completed a fully underwritten A$275 million equity raise and updated its North American Lithium expansion study in Quebec. Despite strong gains over 90 days (44.8%) and a sharp 1-year shareholder return, the stock fell 16.96% in the last week, indicating cooled momentum. Trading at a price-to-sales (P/S) ratio of 8.9x above sector peers' 6.9x, Elevra appears overvalued against its current revenue. However, a much higher fair P/S ratio estimate of 34x suggests potential upside if growth targets are met. The discounted cash flow (DCF) model, valuing the stock at A$3.40 versus current A$11.41, flags overvaluation risks. Investors should weigh growth prospects against ongoing net losses and lithium market sentiment.

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MetaVia Stock Moves Ahead of the Open After Obesity-Drug Data Picked for ADA

MetaVia Stock Moves Ahead of the Open After Obesity-Drug Data Picked for ADA

19 May 2026
Diploma PLC shares rose 4.75% to 6,940p after the company raised its 2026 outlook, citing strong demand and a 17% rise in first-half revenue to £851.1 million. Adjusted operating profit climbed 33% to £208.9 million, and the interim dividend increased 5% to 19.1p. The Controls division posted 26% organic growth. Diploma completed 15 acquisitions worth about £310 million in the past year.
Zeta Global Pops Again as Traders Eye OpenAI Ad Deal

Zeta Global Pops Again as Traders Eye OpenAI Ad Deal

19 May 2026
Zeta Global shares rose 3.4% to $19.85 in premarket trading Tuesday after CEO David Steinberg announced an advertising agreement with OpenAI at a JPMorgan conference. The stock had closed up 11.6% at $19.19 on Monday, trading over 17 million shares. Bank of America reinstated coverage with a Buy rating and $24 target. Zeta recently reported first-quarter revenue up 50% year-over-year to $396 million.
Home Depot Earnings Show Housing Stress for Wall Street

Home Depot Earnings Show Housing Stress for Wall Street

19 May 2026
Home Depot reported first-quarter sales of $41.8 billion, up 4.8%, beating estimates, but comparable sales rose just 0.6%, missing analyst forecasts. Net earnings fell to $3.3 billion from $3.4 billion a year earlier. The company kept its 2026 outlook unchanged. Shares edged higher in premarket trading.

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Zeta Global Surges 12% After OpenAI Ad Remarks

Zeta Global Surges 12% After OpenAI Ad Remarks

19 May 2026
Zeta Global shares rose 11.6% to $19.19 Monday after CEO David Steinberg said the company reached an agreement to help OpenAI run its advertising. The stock outperformed the broader market, with SPY and QQQ both down. Zeta recently joined Snowflake’s Open Semantic Interchange and reported Q1 revenue up 50% year-over-year. Investors cited strong guidance and increased Athena AI agent usage.
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