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Stock Market 17 May 2026

Apellis Exits Nasdaq; $41 Takeover Wraps, One Bet Left

Apellis Exits Nasdaq; $41 Takeover Wraps, One Bet Left

Biogen completed its acquisition of Apellis Pharmaceuticals last week, delisting Apellis from Nasdaq after accepting 82.4% of shares in a $41-per-share cash deal plus a contingent value right. Apellis became a Biogen subsidiary on May 14. The CVR will pay holders up to $4 if Syfovre sales meet specified targets. Biogen shares closed at $192.95 on Friday.
17 May 2026
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Vale Shares Stand Out as Brazil Market Slips, Iron Ore Prices Stay Firm

Vale Shares Stand Out as Brazil Market Slips, Iron Ore Prices Stay Firm

Vale shares closed at R$83.50 in São Paulo on Friday, up 0.76%, while the Ibovespa fell 0.61%. Vale told U.S. regulators it expects about $1.5 billion more 2026 free cash flow from its iron ore unit, citing market conditions after the Middle East conflict. Iron ore traded near a 52-week high at $110.77 a tonne on May 15. Vale’s Q1 net profit rose 36% to $1.89 billion, missing analyst forecasts.
17 May 2026
Navitas Semiconductor Stock Is Headed for a Make-or-Break Week After a Wild AI Rally

Navitas Semiconductor Stock Is Headed for a Make-or-Break Week After a Wild AI Rally

Navitas Semiconductor closed Friday at $21.32, down 4.48% but up 17.14% for the week after raising about $122 million through an at-the-market stock sale. The company sold 6.5 million shares, increasing cash and share count. Investors await Navitas’ May 19 appearance at the J.P. Morgan tech conference. The stock mirrored volatility across the semiconductor sector as the Philadelphia SE Semiconductor Index fell 4% Friday.
17 May 2026
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Netflix Faces Quick Test Beyond Subscriber Counts

Netflix Faces Quick Test Beyond Subscriber Counts

Netflix shares closed at $87.02 Friday, up 0.09% for the day but down 0.5% from the prior week. The company told advertisers its ad-supported plan now reaches over 250 million global viewers and will expand to 15 more countries in 2027. First-quarter revenue rose 16% year-over-year to $4.0 billion in operating income. The stock remains in its post-10-for-1 split range announced last October.
17 May 2026
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Bradesco Shares Dip Heading Into the New Week

Bradesco Shares Dip Heading Into the New Week

Bradesco preferred shares closed Friday at R$17.69, down 0.84% for the day and 4.84% over five sessions. The Ibovespa ended the week at 177,283.83, falling 0.61% Friday and 3.71% for the week. Bradesco’s first-quarter recurring net income rose 16.1% to R$6.8 billion, but credit costs increased and overdue loans reached 4.2%.
17 May 2026
ServiceNow Stock Bucks Broader Drop Ahead of Monday Test

ServiceNow Stock Bucks Broader Drop Ahead of Monday Test

ServiceNow shares rose 5.05% to $95.07 on May 15, outperforming major indexes. The company completed a $4 billion senior notes offering to repay debt from its Armis acquisition. First-quarter subscription revenue climbed 22% to $3.67 billion. ServiceNow faces competition from Salesforce and Microsoft as it shifts focus to AI workflows.
17 May 2026
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Coeur Mining Falls 9%, With Dividend Date Ahead

Coeur Mining Falls 9%, With Dividend Date Ahead

Coeur Mining shares closed Friday at $17.61, down 9.23%, with trading volume at 36.61 million. The company declared a $0.02-per-share dividend payable June 10, with a record date of May 22. First-quarter revenue reached $856 million, net income $247 million, and free cash flow $267 million. Analyst Mike Kozak at Cantor Fitzgerald downgraded the stock to Hold and lowered his price target to $19.
17 May 2026
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Pfizer Faces Busy Week After Friday’s Drop

Pfizer Faces Busy Week After Friday’s Drop

Pfizer shares closed at $25.33 Friday, down 1.63%, underperforming the S&P 500, which fell 1.24% but still posted a weekly gain. The company reaffirmed its 2026 revenue and earnings guidance after first-quarter revenue rose 5% to $14.45 billion. Investors remain cautious, citing competitive pressure from Eli Lilly and uncertainty over Pfizer’s pipeline. U.S. markets reopen Monday.
17 May 2026
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American Airlines Stock Faces a Fuel-Cost Test as Memorial Day Rush Nears

American Airlines Stock Faces a Fuel-Cost Test as Memorial Day Rush Nears

American Airlines shares closed at $12.31 Friday, down 3.07%, after crude oil prices surged on U.S.-Iran tensions. The carrier cut its 2026 profit outlook, citing a projected $4 billion jump in jet-fuel costs and higher bag fees. American expects over 4.2 million travelers for Memorial Day as it launches its largest summer schedule. U.S. markets also fell, with the S&P 500 down 1.2%.
17 May 2026
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CoStar Set to Drop from Nasdaq-100 Monday: What’s Next for CSGP Holders

CoStar Set to Drop from Nasdaq-100 Monday: What’s Next for CSGP Holders

CoStar closed at $32.68 Friday, up 2.6%, with trading volume surging ahead of its removal from the Nasdaq-100. Nasdaq said Lumentum will replace CoStar in the index before Monday’s open. Index funds tracking the Nasdaq-100 may adjust holdings as a result. CoStar’s first-quarter revenue rose 23% to $897 million, but its residential segment posted a $29 million adjusted EBITDA loss.
17 May 2026
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Snap shares claw back some losses ahead of another big test Monday

Snap shares claw back some losses ahead of another big test Monday

Snap closed Friday at $5.53, up 3.17% for the day but down about 9% from the previous week. The move followed a legal settlement involving Snap, YouTube, and TikTok over school-district claims, with terms undisclosed. Snap faces pressure from weak ad growth and ongoing cost cuts as trading resumes Monday. Friday’s trading volume reached about 37.8 million shares.
17 May 2026
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Aurora Stock Swings as May 21 Looms After Friday Drop for AUR

Aurora Stock Swings as May 21 Looms After Friday Drop for AUR

Aurora Innovation shares closed at $7.71 Friday, down 5.75% but still about 10% above last week’s close after hitting a 52-week high midweek. The company plans to deploy over 200 driverless trucks by year-end, following new deals with Volvo and McLane in Texas. Aurora reported Q1 revenue of $1 million and a net loss of $223 million.
17 May 2026
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Cisco shares touch record high on AI moves — what could drive CSCO now

Cisco shares touch record high on AI moves — what could drive CSCO now

Cisco shares closed at $118.21 after a 22% weekly gain, following strong earnings and an increased AI revenue outlook. The stock jumped 17% Thursday, its biggest one-day rise in over 20 years, adding about $70 billion in market value. Cisco reported $15.8 billion in Q3 revenue and announced nearly 4,000 job cuts. Arista Networks and Hewlett Packard Enterprise shares fell as Cisco surged.
17 May 2026
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AT&T Shares Slide for the Week; Monday Trading in Focus

AT&T Shares Slide for the Week; Monday Trading in Focus

AT&T shares closed Friday at $24.03, down 2.52% for the day and 4.5% for the week, amid a broader market decline. The company secured FCC approval to buy $23 billion in wireless spectrum from EchoStar and joined Verizon and T-Mobile in a satellite joint venture. U.S. markets reopen Monday at 9:30 a.m. EDT.
17 May 2026
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Stock Market Today

  • Dow Rises as Nasdaq Leads Tech Rally, Iran Tensions Ease After Close
    June 11, 2026, 4:34 PM EDT. The Dow Jones Industrial Average rose 1.86% to 50,848.38, with the Nasdaq Composite leading gains by climbing 2.54% to 25,809.66, driven by a strong rebound in technology and semiconductor stocks. The S&P 500 increased 1.75% to 7,394.30. Optimism followed President Donald Trump's cancellation of planned strikes on Iran, easing Middle East geopolitical concerns and reducing oil prices-U.S. crude fell 3% to $87.33 a barrel, Brent dropped 3.19% to $90.13. Despite the rally, inflation pressures remain, as May's Producer Price Index rose 1.1%, the largest annual increase since November 2022. Investors continue monitoring inflation data closely amid market volatility and geopolitical developments.

Latest articles

Itaú Unibanco Rises After Announcing R$3 Billion Tier 1 Capital Plan

Itaú Unibanco Rises After Announcing R$3 Billion Tier 1 Capital Plan

11 June 2026
Itaú Unibanco jumped as its NYSE ADR rose 3.7% to $7.905 and São Paulo’s ITUB4 climbed 2.97% after Brazil’s largest private lender announced a BRL 3 billion perpetual subordinated bill issue, boosting its Tier 1 capital ratio by 19 basis points and impacting future shareholder distributions tied to capitalization rules.
Nvidia rises on $10 billion AI infrastructure deal

Nvidia rises on $10 billion AI infrastructure deal

11 June 2026
Nvidia jumped 2.2% to $204.66 after joining KKR, Kuwait Investment Authority, and Vistra in launching Helix Digital Infrastructure with over $10 billion committed to AI data centers, reinforcing Nvidia’s central role in AI infrastructure and supporting the stock’s rally as investors bet on continued demand for chips and AI systems.
AMD Shares Move Higher After BofA Lifts AI CPU Forecast

AMD Shares Move Higher After BofA Lifts AI CPU Forecast

11 June 2026
AMD soared 7.96% to $488.40 after Bank of America raised its price target to $560 and boosted its 2030 server CPU market forecast to over $170 billion, citing agentic AI as a major demand driver; AMD’s July Advancing AI event is now a key focus for investors as the company highlights its Venice server roadmap and strong data-center momentum.
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