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NYSE:ENVL 12 May 2026

Energy Vault’s Eskom Gravity Storage Deal Puts South Africa’s Coal Pivot on the Clock

Energy Vault’s Eskom Gravity Storage Deal Puts South Africa’s Coal Pivot on the Clock

Energy Vault and Eskom signed a deal to build a 25-MW, 100-MWh gravity energy storage system at Hendrina Power Station in Mpumalanga. The project will use Energy Vault’s EVx 2.0 technology and could scale up to 4 GW at the site. The partners plan to co-develop up to 4 GWh of storage across Southern Africa by 2035. Coal supplied 83% of South Africa’s electricity in 2024, according to official data.
12 May 2026
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Stock Market Today

  • Columbia Multi-Sector Municipal Income ETF (MUST) Drops Below 200-Day Moving Average
    May 12, 2026, 4:33 PM EDT. Shares of Columbia Multi-Sector Municipal Income ETF (MUST) fell below the critical 200-day moving average level of $20.56 on Tuesday, reaching a low of $20.52. The ETF is marginally down by 0.1% on the day, trading near its recent low points within a 52-week range of $19.83 to $22.10. Crossing below the 200-day moving average, a widely followed technical indicator signaling trend direction, may indicate potential weakness in the short-term momentum of the fund. Investors often watch this level for signals on changing market conditions or to assess potential entry or exit points.

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UnitedHealth Stock Climbs as Investors Reprice the Turnaround, Not Just the Latest Headline

UnitedHealth Stock Climbs as Investors Reprice the Turnaround, Not Just the Latest Headline

12 May 2026
UnitedHealth shares climbed 3.1% to $396.45 Tuesday after unveiling a new Optum Rx fee-based pricing model and raising 2026 profit guidance. The company reported Q1 revenue of $111.7 billion and adjusted earnings of $7.23 per share. Management said fundamentals are improving but described the turnaround as ongoing. Investors responded to both the PBM overhaul and stronger earnings outlook.
BuzzFeed Stock Nearly Doubles as Byron Allen Deal Buys Time, Not a Clean Turnaround

BuzzFeed Stock Nearly Doubles as Byron Allen Deal Buys Time, Not a Clean Turnaround

12 May 2026
BuzzFeed shares jumped 97% to about $1.44 Tuesday after Byron Allen’s family office agreed to buy 40 million new shares at $3 each, securing 52% control. Only $20 million is due in cash at closing, with the rest as a five-year promissory note. BuzzFeed reported Q1 revenue down 12.4% to $31.6 million and a net loss of $15.1 million. The company warned of “substantial doubt” about its ability to continue operating.
Dow Jones Today: Blue Chips Hold Near 49,700 as Hot CPI Hits Tech and Rate Bets

Dow Jones Today: Blue Chips Hold Near 49,700 as Hot CPI Hits Tech and Rate Bets

12 May 2026
The Dow Jones Industrial Average closed nearly flat at 49,700.29 on May 12, while the S&P 500 fell 0.54% and the Nasdaq dropped 1.37%. April’s Consumer Price Index rose 3.8% year-over-year, with energy prices up 17.9%, fueling market declines. Brent crude climbed 3.6% to $107.97 as the Iran war continued. Treasury yields rose, pushing rate-cut expectations further out.
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