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Stock Market 20 May 2026

Grab shares edge lower after Superbank shift

Grab shares edge lower after Superbank shift

Grab Holdings shares traded lower Wednesday, with the stock quoted at $3.465, down 1.0% at 12:41 p.m. EDT. The move came after Grab said it will consolidate Indonesia’s Superbank in its accounts, giving the Nasdaq-listed company majority economic control over its digital banking operation in its largest market. Shares have dropped more than 30% since Jan. 1.
20 May 2026
OpenAI IPO Filing Could Come Soon as ChatGPT Parent Moves Fast Toward Market Debut

OpenAI IPO Filing Could Come Soon as ChatGPT Parent Moves Fast Toward Market Debut

OpenAI is getting ready to file for an IPO soon, the Wall Street Journal said Wednesday. The ChatGPT developer is talking with bankers at Goldman Sachs and Morgan Stanley on a draft prospectus, which could get filed confidentially as early as Friday, Reuters said, citing the Journal. If it happens, it could be among the biggest technology IPOs ever.

Stock Market Today

  • MarketSmith India: Buy Goodluck India Limited; Sees Upside on Renewables and Exports
    July 9, 2026, 11:55 PM EDT. MarketSmith India says to buy Goodluck India Limited between ₹1,541 and ₹1,565, with a target of ₹1,750 in two to three months. The company is seeing momentum from renewables, exports, infrastructure. Shares close to a 52-week high, last at ₹1,560, with a P/E of 26.46. MarketSmith notes risks from steel prices, materials, and slower growth. On July 9, 2026, Nifty 50 gained 0.34% to 23,962.80 and Sensex added over 600 points. Realty stocks led (+3.54%). IT and Auto stocks trailed. Breadth strong, with 2,522 stocks up and 780 lower, as global risk appetite lifted.
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