Stock Market 16 May 2026

Exxon shares head into Monday after oil jumps, court win in hand

Exxon Mobil heads into the weekend trading at $157.92 after shares got a boost Friday from higher crude prices and a Texas jury verdict in the company’s favor in a years-old investor lawsuit. Exxon’s stock price data shows gains every day this week, finishing up 5.5% from Monday’s close.

16 May 2026

NYSE:XOM·Oil Industry·Stock Market

Cisco’s AI Push Faces Weekend Wall Street Test

Cisco Systems shares ended the week at a record, closing Friday at $118.21, up 2.32%. The stock hit $118.78 earlier in the session. The networking giant boosted its AI order outlook and said it plans to cut almost 4,000 jobs to help fund the move.

16 May 2026

Artificial Intelligence·NASDAQ:CSCO·Stock Market·Technology

AMD heads into AI weekend test before Monday open

AMD shares stumbled on Friday, ending their AI-driven climb for now. The decline is raising new questions among investors if this is a temporary pullback or the start of a steeper slide.

16 May 2026

Artificial Intelligence·NASDAQ:AMD·Semiconductors·Stock Market·Technology

Microsoft gets $2 billion lift from Ackman, Monday looms for AI trade

Microsoft is ending the week with Bill Ackman’s Pershing Square as a new investor. The hedge fund disclosed a $2.09 billion stake, putting fresh money into the software company during a week when most of big tech pulled back.

16 May 2026

Artificial Intelligence·Microsoft·NASDAQ:MSFT·Stock Market·Technology

Markets Drop Fed Rate Cut Bets for 2026

Markets betting on Fed moves have backed away from rate-cut hopes that pushed U.S. stocks. Polymarket gives a 69.2% chance of no Federal Reserve cuts in 2026, and Kalshi's odds for no cuts this year are about the same.

16 May 2026

Economic Forecasts·Federal Reserve·NASDAQ:NVDA·NYSE:HD·NYSE:TGT·NYSE:TJX·NYSE:WMT·Stock Market

Stocks Fall Friday as Traders Watch for Next Shoe to Drop

U.S. stocks fell Friday, ending their record run as inflation edged back into view for Wall Street. The S&P 500 slipped 1.24% to 7,408.50. The Dow lost 1.07%. The Nasdaq gave up 1.54%. Chip stocks were weaker, and the number of declining stocks outpaced advancers as breadth turned negative. “The market had gotten way ahead of itself” on the AI trade, said Kenny Polcari, chief market strategist at Slatestone Wealth.

16 May 2026

Stock Market

Wall Street Focuses on Key Event as U.S. Stocks Slip This Week

Bonds are in focus for Wall Street going into the weekend. U.S. stocks eased off record highs on Friday, and now traders are watching to see if oil-fueled inflation will keep Treasury yields up, which could pressure the stock rally when markets reopen Monday.

16 May 2026

Stock Market

Stocks take a breather after oil spike, Nvidia in focus

Stocks slipped from record highs Friday, with higher oil prices and Treasury yields cooling Wall Street’s recent AI-driven run. Investors are heading into next week with a less favorable backdrop.

16 May 2026

NASDAQ:AMD·NASDAQ:INTC·NASDAQ:NVDA·NVIDIA·Oil Prices·Stock Market

Nvidia, Walmart, and Big Utility Deal Set for Monday Trading

NextEra Energy and Dominion Energy are expected to draw a lot of attention before the open Monday after news of merger talks. The deal, if it goes through, would build one of the biggest U.S. power companies at a time when demand from data centers is shifting how electricity economics work.

16 May 2026

NASDAQ:NVDA·NYSE:D·NYSE:HD·NYSE:NEE·NYSE:TGT·NYSE:TJX·NYSE:WMT·Stock Market

US Stock Market Today: Live Updates 16.05.2026

LIVEMarkets rolling coverageStarted: May 16, 2026, 4:00 AM EDTUpdated: May 17, 2026, 3:59 AM EDT Treasurer Jim Chalmers Defends Budget's Impact on Young Investors Amid Tax Changes May 17, 2026, 3:58 AM EDT. Treasurer Jim Chalmers defended the federal budget’s tax changes targeting Capital Gains Tax (CGT) and negative gearing, measures aimed at addressing intergenerational inequality. The government plans to reduce the CGT discount and restrict negative gearing to new home purchases, affecting young investors who use the share market and rentvesting-a strategy of renting while owning property elsewhere-to save for housing deposits. Critics say these changes limit key wealth-building

16 May 2026

Stock Market·US Economy

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

U.S. stock ETFs slipped further in Friday’s after-hours session, deepening the day’s Wall Street decline. Higher oil prices, a jump in Treasury yields, and fresh Fed rate worries pressured the market’s top tech names.

16 May 2026

NASDAQ:AAPL·NASDAQ:MSFT·NASDAQ:MU·NASDAQ:NVDA·NASDAQ:TSLA·NYSE:DAL·NYSE:M·Stock Market

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

Accuray Incorporated announced late Friday it’s entering a 10-year tie-up with the University of Wisconsin School of Medicine and Public Health. The two plan to work on customized cancer treatments with Accuray’s Stellar adaptive radiation therapy platform. Accuray put out the news after the Nasdaq close, a detail that mattered for the already struggling stock.

16 May 2026

NASDAQ:ARAY·Stock Market

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

Origin Materials shares climbed Friday after the sustainable-materials firm gave an estimated initial liquidation payout of $0.61 to $3.54 a share. That range was disclosed in a preliminary proxy statement filed May 15. Investors now have a clearer idea of what could be available if a wind-down goes ahead.

16 May 2026

NASDAQ:ORGN·Stock Market

NextNRG Q1 Revenue Up, Cash Warning Still in Place

NextNRG, Inc. said Friday it grew revenue in the first quarter, but a same-day filing flagged ongoing cash burn and flagged doubts about the Miami Beach energy tech company’s ability to keep going if it doesn’t raise more capital.

16 May 2026

Energy Sector·NASDAQ:NNRG·Stock Market

HCW Biologics jumps 262% after Trimmune deal, Q1 profit, Nasdaq risk update

HCW Biologics Inc. shares jumped more than threefold Friday. The clinical-stage biotech posted a first-quarter profit, reversing a year-earlier loss, as results got a boost from a licensing payment from Beijing Trimmune Biotech. The gain came from licensing, not product revenue.

16 May 2026

NASDAQ:HCWB·Stock Market

BofA 7-Eleven ATM Settlement Opens, Deadline June 29 for Former Clients

Bank of America users hit with duplicate fees at some 7-Eleven ATMs might see payouts from a $2.25 million class-action deal. Former customers have until June 29 to put in claims. The agreement, pending court sign-off, covers fees charged at FCTI-run ATMs inside 7-Eleven stores.

16 May 2026

NYSE:BAC·Stock Market

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX is moving up its Nasdaq debut, targeting a listing as soon as June 12 with the ticker SPCX, according to sources cited by Reuters. The company could make its prospectus public by next Wednesday. Investor meetings are planned for June 4, and pricing could happen on June 11.

16 May 2026

Elon Musk·IPO News·NASDAQ:SPCX·Stock Market·Technology

Broadcom Slips as AI Chip Stocks See Selling

Broadcom shares slipped Friday, with investors pulling back from AI chip names after a rally sent top U.S. indexes to new highs.

16 May 2026

NASDAQ:AVGO·Stock Market

Alphabet Falls as Ackman Exits, Broader Tech Weakness

Alphabet shares slid on Friday, with Google stock softer as investors exited big tech. Traders kept an eye on Bill Ackman’s Pershing Square. Alphabet Class A was last at $396.78, down 1.1%. Class C was down 1.0% at $393.32.

16 May 2026

NASDAQ:GOOG·NASDAQ:GOOGL·Stock Market

Macy’s gains after Berkshire Hathaway purchase; tariff worries persist

Berkshire Hathaway has taken a new stake in Macy’s valued at roughly $55 million, sending the retailer’s shares up in late trading. Macy’s added 5.9% after hours after Berkshire said in its quarterly filing it held about 3.04 million shares across two spots. Traders saw someone betting on the struggling chain.

16 May 2026

NYSE:M·Stock Market

Stock Market 16 May 2026

Exxon shares head into Monday after oil jumps, court win in hand

Cisco’s AI Push Faces Weekend Wall Street Test

AMD heads into AI weekend test before Monday open

Microsoft gets $2 billion lift from Ackman, Monday looms for AI trade

Markets Drop Fed Rate Cut Bets for 2026

Stocks Fall Friday as Traders Watch for Next Shoe to Drop

Wall Street Focuses on Key Event as U.S. Stocks Slip This Week

Stocks take a breather after oil spike, Nvidia in focus

Nvidia, Walmart, and Big Utility Deal Set for Monday Trading

US Stock Market Today: Live Updates 16.05.2026

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

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

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

NextNRG Q1 Revenue Up, Cash Warning Still in Place

HCW Biologics jumps 262% after Trimmune deal, Q1 profit, Nasdaq risk update

BofA 7-Eleven ATM Settlement Opens, Deadline June 29 for Former Clients

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

Broadcom Slips as AI Chip Stocks See Selling

Alphabet Falls as Ackman Exits, Broader Tech Weakness

Macy’s gains after Berkshire Hathaway purchase; tariff worries persist

TechStock² Updates

Palantir Shares Gain Nearly $89 Billion After AI Demand Drives Up Outlook

Upstart shares climb as Q2 capital-light expansion balances subdued outlook for rest of year

Lucid Group (NASDAQ:LCID) Dips After $1.4 Billion Injection Aligns with Single Quarter Burn

Mexican Peso Gains Ground Ahead of Banxico Rate Decision

Toast Shares Dip Post-Market Despite Beating Revenue Estimates as Hardware Inventory Weighs on Cash Flow

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