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Stock Market 15 May 2026

IREN Stock Drops After $3 Billion Debt Deal: Why Nvidia’s AI Bet Just Got More Expensive

IREN Stock Drops After $3 Billion Debt Deal: Why Nvidia’s AI Bet Just Got More Expensive

IREN Limited wrapped up a $3.0 billion convertible-note sale, securing funds for its rapid pivot from bitcoin mining to AI data centers and throwing a spotlight on the hefty price tag of that transition. According to a filing, the firm issued 1.00% convertible senior notes due 2033—this tally includes the full $400 million additional-purchase option.
Stock Market Today: Nasdaq Slides as Oil Shock Sends Treasury Yields Higher, Hitting AI Rally

Stock Market Today: Nasdaq Slides as Oil Shock Sends Treasury Yields Higher, Hitting AI Rally

Stocks slipped on Friday, with the Nasdaq under the most pressure as surging oil and higher Treasury yields threatened the AI-fueled surge from earlier this week. By late morning, the Dow Jones Industrial Average lost 0.82% to 49,652.90, the S&P 500 retreated 0.80% to 7,441.37, and the Nasdaq Composite tumbled 1.25% to 26,303.15.
Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

Industrial robotics player Mind Robotics, originally spun out of Rivian Automotive Inc., has secured $400 million in fresh funding, lifting its valuation to $3.4 billion. That fresh figure reflects technology birthed at the EV maker before the spinoff. Kleiner Perkins led the latest round, which brings Mind’s total raised to more than $1 billion within less than a year, Reuters reports, citing a source close to 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

Nokia Oyj’s U.S. shares slipped Friday, giving back some ground after a run-up fueled by Cisco’s gains. The move had put the Finnish network-equipment firm within sight of its recent peak and brought more attention to its AI data center business. By 13:51 UTC, Nokia’s ADR had dropped to $13.74, compared to the previous close at $14.46, according to market data.
15 May 2026

Stock Market Today

  • L3Harris (LHX) gets $84M in Army orders; shares lag short-term, up long-term
    July 10, 2026, 9:19 AM EDT. L3Harris Technologies (LHX) landed $84 million in new U.S. Army orders for Next Generation Command and Control manpack Falcon systems, the second NGC2 contract so far. Shares lost 5.94% over the last 30 days and are down 18.02% in 90 days. Over the past year, though, LHX is up 13.25%, and up 54.98% in three years. Analysts' average target sits at $381.95-still well above the last close of $289.87, pointing to undervaluation versus last close at $289.87. Key risks for L3Harris: U.S. budget constraints and fixed-price contracts. Investors are weighing those risks against growth bets in defense tech and communications.
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