Today: 19 May 2026
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TSX:ARX 6 February 2026 - 3 May 2026

Shell’s $16.4 Billion ARC Resources Deal Puts Canada LNG Back in the Spotlight

Shell’s $16.4 Billion ARC Resources Deal Puts Canada LNG Back in the Spotlight

Shell agreed to buy ARC Resources in a deal valued at about US$16.4 billion, including debt, giving Shell a major position in Canada’s Montney shale. ARC shareholders will receive C$32.80 per share in cash and stock. The acquisition adds 370,000 barrels of oil equivalent per day and 1.5 million net acres to Shell’s portfolio. ARC shareholders are set to vote in July, with closing expected in late 2026.
3 May 2026
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ARC Resources Stock Jumps as Shell Seals $16.4 Billion Montney Gas Deal

ARC Resources Stock Jumps as Shell Seals $16.4 Billion Montney Gas Deal

Shell will acquire ARC Resources Ltd. for about US$16.4 billion including debt, in a stock-and-cash deal that boosts Shell’s output in Canada’s Montney shale basin. ARC shareholders get C$8.20 in cash and 0.40247 Shell shares per ARC share. ARC’s board unanimously backed the deal, which values ARC at a 27% premium. ARC shares rose over 22% in Toronto; Shell’s fell 2.1% in London.
27 April 2026
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Stock Market Today

  • Congress Moves to Ban Campaign Funds Betting on Prediction Markets
    May 19, 2026, 9:35 AM EDT. Rep. Ritchie Torres has introduced legislation aiming to prohibit the use of campaign funds for betting on prediction markets-platforms where participants wager on the outcomes of future events. This move reflects growing concerns within Congress about the ethical implications and regulatory gaps surrounding these markets. Prediction markets have gained attention for their potential to forecast elections and other political outcomes but remain largely unregulated. The proposed ban would mark a significant step toward tightening control over campaign finance and gambling activities linked to political forecasting.

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Adobe Stock Rises Before the Open as AI Selloff Faces a Fresh Test

Adobe Stock Rises Before the Open as AI Selloff Faces a Fresh Test

19 May 2026
Adobe shares rose 2.14% to $261.10 in premarket trading Tuesday after closing Monday up 3.25%. The move came as S&P 500 and Nasdaq futures fell, with tech stocks under pressure. Adobe’s market value stood near $103.33 billion, well below last year’s high. The company recently approved a $25 billion stock buyback through 2030.
Wellgistics Health Doubles, WGRX Heads Into Key Test

Wellgistics Health Doubles, WGRX Heads Into Key Test

19 May 2026
Wellgistics Health shares fell 21.1% to $0.14 in premarket trading Tuesday after more than doubling Monday. The company delayed its quarterly report, withdrew proxy materials, and is reviewing potential strategic transactions. First-quarter results are due after the market closes. The moves follow a non-binding $15 million acquisition proposal for WellCare Today.
Roblox Stock Moves Up Early, Safety Issues Still Linger

Roblox Stock Moves Up Early, Safety Issues Still Linger

19 May 2026
Roblox shares traded at $47.41 in early New York hours Tuesday, extending gains after third-party data showed a week-over-week rise in concurrent users. Needham maintained its Buy rating and $60 target. The stock remains pressured by a lowered 2026 bookings outlook, tied to new safety and age-check measures. Roblox reported Q1 revenue of $1.4 billion and bookings of $1.7 billion.

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NextEra shares dip after $66.8B Dominion deal—What’s on traders’ radar now

NextEra shares dip after $66.8B Dominion deal—What’s on traders’ radar now

19 May 2026
NextEra Energy shares fell 4.6% to $89.04 late Monday after announcing a $66.8 billion stock-led merger with Dominion Energy, whose shares rose 9.4% to $67.56. The deal would create one of the world’s largest electric utilities, serving about 10 million customer accounts and owning 110 gigawatts of generation across four states.
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