Today: 16 May 2026
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NYSE:SNP 7 March 2026 - 21 March 2026

Iran Oil Prices Hold Near Four-Year Highs After U.S. Frees 140 Million Barrels

Iran Oil Prices Hold Near Four-Year Highs After U.S. Frees 140 Million Barrels

Brent crude closed at $112.19 a barrel Friday, its highest since July 2022, despite the U.S. move to temporarily release about 140 million barrels of stranded Iranian oil. The Strait of Hormuz remains mostly shut, with Iraq cutting Basra output to 900,000 barrels per day and declaring force majeure on foreign-operated oilfields. Middle East Dubai crude hit a record $166.80 a barrel Thursday as refiners scrambled for alternative supplies.
21 March 2026
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Shanghai Stock Exchange Weekly Wrap: 10-Year High Fades as Iran Risk, Muted China Policy Signals Hit Stocks

Shanghai Stock Exchange Weekly Wrap: 10-Year High Fades as Iran Risk, Muted China Policy Signals Hit Stocks

Shanghai shares closed at 4,124.19 on Friday, down 0.9% for the week after hitting a 10-year high Monday amid geopolitical tensions. The CSI300 fell 1.1% for the week, while Hong Kong’s Hang Seng dropped 3.3%. Beijing set a 2026 growth target of 4.5%-5% and announced new AI and technology initiatives during its annual parliament session.
7 March 2026
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Stock Market Today

  • Singtel, OCBC Drive Growth Amid Trump-Xi Summit Impact
    May 15, 2026, 8:31 PM EDT. This week highlights bold moves by Singapore blue-chip stocks with Capital Group increasing stakes in Singtel and OCBC forging a trade partnership with the Australian government. Meanwhile, the Trump-Xi Beijing Summit marks a pivotal moment in US-China relations, affecting tariffs, trade, and technology sectors like NVIDIA and Tesla. The summit aims to extend the tariff truce and boost Chinese purchases of US goods, influencing global supply chains and rare earth markets. Investors should monitor Singtel's upcoming earnings on 21 May and OCBC's expanded regional trade activities. These developments underscore shifting geopolitical and economic landscapes shaping market dynamics.

Latest articles

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

16 May 2026
U.S. stock ETFs fell in after-hours trading Friday following a more than 1% drop in the S&P 500, Dow, and Nasdaq. Oil surged 4.2% to $105.42 a barrel and the 10-year Treasury yield hit 4.597%, fueling concerns over inflation and Fed rate hikes. Nvidia, AMD, and Intel led chip declines, while Berkshire Hathaway disclosed a $2.65 billion Delta stake and exited Amazon, Visa, and Mastercard.
Accuray inks 10-year cancer tech agreement, shares in focus

Accuray inks 10-year cancer tech agreement, shares in focus

16 May 2026
Accuray and the University of Wisconsin School of Medicine and Public Health signed a 10-year research agreement focused on Accuray’s Stellar adaptive radiotherapy platform. The announcement came after market close, with Accuray shares ending down 5.2% at $0.27. The deal follows Accuray’s recent withdrawal of fiscal 2026 guidance and ongoing financial pressures.
Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

16 May 2026
Origin Materials asked shareholders to approve a plan to liquidate and dissolve the company, estimating an initial payout of $0.61 to $3.54 per share depending on asset sales and claims. Shares rose 15% to $1.43 after the filing. The company reported a 91% drop in first-quarter revenue and warned it may not survive without the wind-down. Origin cut 59% of its workforce and CEO John Bissell stepped down May 1.
NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

16 May 2026
NextNRG reported first-quarter revenue of $21.1 million, up 29% from a year earlier, but its net loss widened to $10.8 million. Cash fell to $208,048 at quarter-end, and management warned it needs immediate capital to continue operations. Shares closed at $0.2804 on Nasdaq, down nearly 6%. Total liabilities reached $34.3 million, with a stockholders’ deficit of $22 million.
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