Today: 19 May 2026
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NYSE:CMS 17 October 2025 - 31 March 2026

Michigan Approves $276.6 Million Consumers Energy Rate Hike, Bigger Bills Due in May

Michigan Approves $276.6 Million Consumers Energy Rate Hike, Bigger Bills Due in May

Michigan regulators approved a $276.6 million electricity rate increase for Consumers Energy, raising typical residential bills by $6.46 per month starting May 1. The Michigan Public Service Commission cut nearly 40% from the company’s original request. Consumers serves about 1.9 million customers statewide. Attorney General Dana Nessel criticized the decision as another burden on households.
31 March 2026
Consumers Energy’s $5 million bill-relief push hits Michigan as its foundation backs Fresh Start Kits for rehousing

Consumers Energy’s $5 million bill-relief push hits Michigan as its foundation backs Fresh Start Kits for rehousing

Consumers Energy is allocating $5 million to Michigan nonprofits to help residents pay energy bills as winter costs rise. The Consumers Energy Foundation separately awarded $100,000 to EightCAP for “Fresh Start Kits” to support people leaving homelessness in four counties. The utility said the aid will not come from customer bills. EightCAP has distributed 81 kits since November.
16 January 2026
Michigan’s Green Energy Boom: Utilities Hit 50% Renewables Target as Solar Grants Surge

Michigan’s Green Energy Boom: Utilities Hit 50% Renewables Target as Solar Grants Surge

Michigan’s major utilities report they will double renewable energy capacity by 2030, aiming for 50% renewable electricity. DTE and Consumers Energy are investing billions in new solar and wind projects to meet state mandates. State regulators awarded $5 million in grants to 14 local renewable projects this week. Large solar farms are generating millions in tax revenue for rural counties and have created about 20,000 green jobs since 2009.

Stock Market Today

  • Melius Research boosts Intel stock price target to $150 amid market volatility
    May 19, 2026, 4:11 PM EDT. Intel (INTC) shares have fallen 19.17% since their May 11 peak of $129.44, currently trading at $104.62. Despite recent positive news, including Intel's chip manufacturing deals with Apple and expanded partnerships with Google, semiconductor stocks faced pressure due to macro events such as President Trump's China visit without major chip agreements. Melius Research analyst Benjamin Reitzes raised Intel's price target sharply to $150 from $100, signaling a 43.37% upside and maintaining a buy rating. Reitzes, with a 62% success rate, sees strong long-term growth in AI and memory chip segments. However, this target stands out against a consensus average of $87.09 and limited buy recommendations, reflecting market skepticism and Bank of America's bearish stance.

Latest articles

Wall Street Just Got Hit by the Bond Market Again — What Traders Are Watching Next

Wall Street Just Got Hit by the Bond Market Again — What Traders Are Watching Next

19 May 2026
NEW YORK, May 19, 2026, 16:02 (EDT) Wall Street’s main indexes fell on Tuesday, extending a pullback from record highs as Treasury yields — the returns investors demand to hold U.S. government debt — climbed and fed a fresh bout of inflation worry. Shortly after the closing bell, LSEG delayed data on Reuters showed the S&P 500 down 0.55% at 7,362.62, the Nasdaq Composite off 0.72% at 25,903.08 and the Dow Jones Industrial Average down 0.47% at 49,451.19. Brent crude was near $111 a barrel, still high enough to keep investors wary of another inflation shock. (Reuters) That matters now
Intel Stock Bounces as Wall Street Rethinks AI Narrative

Intel Stock Bounces as Wall Street Rethinks AI Narrative

19 May 2026
Intel shares climbed 3.3% to $111.69 Tuesday afternoon, rebounding after five sessions of losses as Citi and Benchmark raised price targets, citing stronger CPU demand. Trading volume topped 112 million shares. The move came ahead of Nvidia’s earnings, which options traders expect to trigger a major market shift. Intel CEO Lip-Bu Tan was set to speak at a J.P. Morgan conference later in the day.
Pinterest shares erase post-earnings gains

Pinterest shares erase post-earnings gains

19 May 2026
Pinterest shares fell about 6% Tuesday, trading at $18.74 by 3:05 p.m. EDT, erasing gains from its May earnings rally. The drop outpaced declines in Meta, Snap, and Reddit as the Nasdaq and S&P 500 also slipped. Pinterest reported Q1 revenue of $1.008 billion, up 18%, with a net loss of $74 million. The company forecast Q2 revenue above analyst expectations.
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