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Stock Market 16 May 2026

Babcock & Wilcox faces $200 million hurdle after 50% rally

Babcock & Wilcox faces $200 million hurdle after 50% rally

Babcock & Wilcox Enterprises is set for Monday trading with a stronger balance sheet and a jumpy share price, but buyers now face about 10.8 million new shares coming at $18.50 each. The stock closed Friday at $21.85, up 2.97% for the day and about 50% higher than the previous Friday after the company priced its $200 million common stock offering below the market.
16 May 2026
Starbucks Heads for Monday Breakout Test After $400 Million Layoffs

Starbucks Heads for Monday Breakout Test After $400 Million Layoffs

Starbucks Corp shares are trading close to a 52-week high ahead of the next Nasdaq session, after the company said it is cutting 300 U.S. corporate jobs and shutting several regional support offices. The move doesn’t hit cafe workers. It’s part of CEO Brian Niccol’s “Back to Starbucks” turnaround. Investors now have to weigh if the latest cost cuts point to discipline or strain.
16 May 2026
NextEra Shares Face Monday After $400 Billion Dominion Report Over Weekend

NextEra Shares Face Monday After $400 Billion Dominion Report Over Weekend

NextEra Energy Inc. shares face uncertainty going into the weekend as speculation swirls about a potential merger with Dominion Energy. The Financial Times reported the pair are in talks over a deal that could build a $400 billion U.S. utility including debt. Reuters said it could not verify the FT report and noted that neither company replied to requests for comment outside normal hours.

Stock Market Today

  • ASX Healthcare Shares on Watch as Global Pharma M&A Rises
    July 10, 2026, 7:05 AM EDT. Mergers and acquisitions (M&A) in global healthcare are picking up pace, with pharma firms trying to make up for revenue lost to expiring patents. That has ASX healthcare names in focus as possible buyout or partnership targets. Analysts say Big Pharma wants new treatments and fuller pipelines, which could bring more deals. ASX-listed healthcare stocks stand out for growth and innovation, making them attractive. Investors are watching for moves that could shift values and shake up the sector.
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