Today: 12 June 2026
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Stock Market 16 May 2026 - 17 May 2026

ImmunityBio’s BCG Agreement Puts Monday’s Trading in Focus

ImmunityBio’s BCG Agreement Puts Monday’s Trading in Focus

ImmunityBio closed at $7.97 Friday, down 2.2% after announcing exclusive U.S. rights to Japan BCG Laboratory’s Tokyo-172 strain for bladder cancer therapy. The Tokyo strain remains investigational in the U.S. and is not FDA-approved. Nasdaq was closed for the weekend; the next trading session is Monday. ImmunityBio’s Q1 product revenue rose to $44.2 million with $380.9 million in cash and securities.
17 May 2026
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Synopsys Shares Dropped for the Week, Looking to May 27 for Direction

Synopsys Shares Dropped for the Week, Looking to May 27 for Direction

Synopsys shares fell 1.49% Friday to $502.42, ending the week down 2.72% amid a broad tech selloff and news that Coatue Management cut its stake by 54%. The Nasdaq Composite dropped 1.54% Friday, while the Philadelphia semiconductor index slid 4%. Synopsys will report fiscal Q2 results after the market closes on May 27. Wells Fargo and Citigroup raised their price targets for the stock earlier in the week.
17 May 2026
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Zeta Global Stock Rises as Snowflake Deal Comes Ahead of Key Vote

Zeta Global Stock Rises as Snowflake Deal Comes Ahead of Key Vote

Zeta Global shares closed at $17.19, up 3.68% Friday, outperforming major indexes after joining Snowflake’s Open Semantic Interchange data initiative. The stock retreated to $17.14 after hours. Zeta will present at the JPM 2026 Global Technology, Media and Communications Conference on Monday. First-quarter revenue jumped 50% to $396 million, prompting a full-year guidance raise.
17 May 2026
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Johnson & Johnson Shares Drop Friday, Week Ahead in Focus

Johnson & Johnson Shares Drop Friday, Week Ahead in Focus

Johnson & Johnson shares fell 1.77% to $226.71 Friday amid a broad market selloff but ended the week up about 2.4%. The NYSE is closed for the weekend, with trading set to resume Monday. Investors are watching upcoming neuropsychiatry data presentations and the global launch of the Shockwave C2 Aero Coronary IVL Catheter. No new earnings report is expected next week.
16 May 2026
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Vertiv Heads Into Friday After Turbulent Run This Week

Vertiv Heads Into Friday After Turbulent Run This Week

Vertiv closed at $370.94 Friday, down 1.4% but up 9.1% for the week. The company urged shareholders to reject Tutanota’s mini-tender offer for up to 500,000 shares at $410, citing conditions tied to the stock price. RBC and Loop Capital issued bullish notes ahead of Vertiv’s May 19-20 investor conference. Shares traded at $368.61 after hours.
16 May 2026
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Investors Eye May 16 After Turbulent Week for Planet Labs

Investors Eye May 16 After Turbulent Week for Planet Labs

Planet Labs shares fell 3.3% Friday to $41.62 but ended the week up 6.6%, boosted by new satellite launches and a European contract. The company released first images from three Pelican satellites, including Sweden’s first sovereign satellite, after a May 3 SpaceX launch. Planet now has nine AI-enabled Pelican satellites in orbit and plans more launches in 2026. Fourth-quarter revenue rose 41% to $86.8 million.
16 May 2026
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Alphabet Stock Faces $4.8 Trillion Pressure After Ackman Exit, AI Bonds, Google I/O

Alphabet Stock Faces $4.8 Trillion Pressure After Ackman Exit, AI Bonds, Google I/O

Alphabet shares closed at $396.78 Friday, down 1.07% after Pershing Square, led by Bill Ackman, fully exited its stake to fund a new Microsoft position. Alphabet also raised $3.6 billion in its first yen bond sale, the largest by a foreign company. First-quarter revenue rose 22% to $109.9 billion, with Google Cloud revenue up 63% to $20 billion.
16 May 2026
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Take-Two trades on GTA 6 buzz before next week’s test

Take-Two trades on GTA 6 buzz before next week’s test

Take-Two Interactive closed Friday at $242.44, up 10% for the week after a surge on Grand Theft Auto VI pre-order rumors. The company reports earnings after Thursday’s market close, with analysts calling the call a key test for GTA VI’s scheduled Nov. 19 release. Options markets are pricing in a 9.4% move on results. Take-Two has not confirmed the leaked pre-order speculation.
16 May 2026
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American Rare Earths up after Nasdaq listing update

American Rare Earths up after Nasdaq listing update

American Rare Earths Limited closed at A$0.410 on Friday, up 12.33% for the week, after formally starting the process for a planned Nasdaq secondary listing. The company appointed BDO Audit Pty Ltd as auditor and Rimon as U.S. legal adviser. The S&P/ASX 200 fell 1.2% for the week. American Rare Earths’ main project remains the Halleck Creek rare earths site in Wyoming.
16 May 2026
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Uber Draws Weekend Scrutiny With Shares Stalling After Rally

Uber Draws Weekend Scrutiny With Shares Stalling After Rally

Uber closed Friday at $75.09, up 0.54% for the day but down 0.5% from a week earlier, after losing ground post-earnings. Pershing Square reported holding nearly 30 million shares, worth about $2.15 billion, as of March 31. Investors are weighing strong bookings and rising trips against fuel costs, inflation, and autonomous vehicle spending.
16 May 2026
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Enterprise Products Edged Higher Against Market Drop; Monday in Focus

Enterprise Products Edged Higher Against Market Drop; Monday in Focus

Enterprise Products Partners L.P. closed at $39.23 Friday, up 5.5% for the week, while U.S. stocks broadly fell. The company paid a $0.55-per-unit quarterly distribution May 14, up 2.8% from last year. First-quarter net income rose to $1.5 billion, with adjusted EBITDA up 10% to $2.7 billion. Friday’s trading volume was 2.71 million units, down sharply from Thursday’s 11.11 million.
16 May 2026
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Stock Market Today

  • Lennar Projected Q3 Deliveries Fall Short Amid Sluggish Housing Market
    June 11, 2026, 6:27 PM EDT. Lennar Corp, one of the largest U.S. homebuilders, signaled third quarter deliveries will miss analyst estimates due to continued weakness in the housing market. Weak demand and elevated mortgage rates have pressured new home sales, leading Lennar to revise its outlook lower. The company cited a challenging environment as consumers grapple with affordability. Lennar's shares reacted to the announcement, reflecting investor concerns over the industry's near-term performance. The delivery miss underscores persistent headwinds facing homebuilders even as mortgage rates stabilize.

Latest articles

Sandisk Jumps to 52-Week High, Gains 14.5% in AI-Fueled Push

Sandisk Jumps to 52-Week High, Gains 14.5% in AI-Fueled Push

12 June 2026
Sandisk soared 14.5% to $1,881.51 after hitting a 52-week high amid a semiconductor rally, fueled by a 251% year-over-year revenue jump and bullish guidance for Q4 revenue of $7.75–$8.25 billion; Bank of America raised its price target to $2,100, citing strong memory pricing and supply contracts, as Sandisk joins the Nasdaq-100 and investors eye data-center demand and new business agreements.
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