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NYSE:GSS.A 15 May 2026

Gemini Space Station Stock Jumps After Winklevoss Twins’ $100 Million Bitcoin Bet

Gemini Space Station Stock Jumps After Winklevoss Twins’ $100 Million Bitcoin Bet

Winklevoss Capital Fund bought 7.14 million Gemini Class A shares at $14 each, paying with about 1,258 bitcoin. Gemini posted first-quarter revenue of $50.3 million, up 42%, and a net loss of $109 million. Shares rose over 20% premarket after closing at $5.26 Thursday. Exchange revenue fell 27% as trading volume dropped, but services and interest revenue more than doubled.
15 May 2026
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Stock Market Today

  • Stocks Fall and Bond Selloff Deepen as Trump’s China Visit Yields No Breakthrough on Strait of Hormuz
    May 15, 2026, 10:54 AM EDT. Global markets suffered as stocks tumbled and bond prices dropped sharply following President Trump's unsuccessful visit to China. Trump aimed to enlist Beijing's help in pressuring Iran to reopen the Strait of Hormuz, a key oil shipping route currently under strain. The lack of any concrete commitment from China dashed hopes of easing Middle East tensions, leading to increased risk aversion among investors. The Strait of Hormuz remains a critical chokepoint for global energy supplies, and its continued closure raises concerns about oil price volatility and economic stability.

Latest articles

Plug Power Stock Drops Again: The $5 Billion Hydrogen Turnaround Faces Its Cash Test

Plug Power Stock Drops Again: The $5 Billion Hydrogen Turnaround Faces Its Cash Test

15 May 2026
Plug Power shares fell 1.7% to $3.725 in early Nasdaq trading Friday, following a volatile week after first-quarter results. The company reported a 22% revenue increase to $163.5 million and improved gross margin, but its net loss widened to $245.3 million and operating cash use rose to $150 million. Plug ended March with $802 million in cash and expects $142 million from a hydrogen asset sale in June.
Why Ford Motor Company Stock Is Sliding After Its AI Data Center Rally

Why Ford Motor Company Stock Is Sliding After Its AI Data Center Rally

15 May 2026
Ford shares dropped 7% to $13.43 in early Friday trading, reversing part of a rally sparked by the launch of its new Ford Energy unit. The subsidiary, announced this week, will sell large battery energy storage systems to utilities and data centers, with first deliveries expected in late 2027. CEO Jim Farley said Ford is in the contracting phase with several customers. The stock had surged 13% Wednesday after Morgan Stanley highlighted the business.
Biogen Closes Apellis Deal; APLS Leaves Nasdaq As $5.6 Billion Rare-Disease Bet Begins

Biogen Closes Apellis Deal; APLS Leaves Nasdaq As $5.6 Billion Rare-Disease Bet Begins

15 May 2026
Biogen has closed its acquisition of Apellis Pharmaceuticals, making Apellis a wholly owned subsidiary and delisting its shares from Nasdaq. Apellis shareholders receive $41 per share in cash plus a contingent value right tied to Syfovre sales. Biogen gains the drugs Empaveli and Syfovre, and expands into kidney disease. Biogen borrowed $2 billion to help finance the deal.
Nokia Oyj Stock Pulls Back After AI Rally: What Investors Need to Know

Nokia Oyj Stock Pulls Back After AI Rally: What Investors Need to Know

15 May 2026
Nokia’s U.S.-listed shares dropped about 5% Friday, trading at $13.74 after a recent AI-driven surge. The decline followed a rally sparked by Cisco’s report of $5.3 billion in AI infrastructure orders from hyperscalers. Nokia saw a 54% jump in first-quarter operating profit and named Siemens’ Emma Falck as president of Mobile Infrastructure, effective September 1.
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