Today: 17 May 2026
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz
17 May 2026
42 mins read

US Stock Market Today: Live Updates 17.05.2026


LIVEMarkets rolling coverageStarted: Updated:

GameStop CEO Ryan Cohen's eBay Acquisition Bid Rejected, Claims Disputed

May 17, 2026, 5:28 AM EDT.eBay rejected GameStop CEO Ryan Cohen’s unsolicited $55 billion acquisition offer as neither credible nor attractive. Cohen criticized eBay’s management and plans to rally shareholders. However, eBay analysts highlight the company’s strong recent performance: a 30% increase in stock year-to-date, 65% rise over one year, 18 times forward earnings valuation, and a 1.1% dividend. eBay reported 18% growth in gross merchandise volume and 19% revenue growth year-over-year, with 136 million buyers. The marketplace is expanding its niche in collectibles and trading cards, areas Cohen acknowledged. Experts say Cohen’s approach and criticisms undermine his credibility given GameStop’s board composition and eBay’s solid financials, indicating eBay’s independence from GameStop’s acquisition strategy.

Debunking GameStop CEO Ryan Cohen's bizarr…

NSE Poised for 2026 Growth with Robust Listings Pipeline

May 17, 2026, 5:27 AM EDT. The National Stock Exchange (NSE) anticipates a strong 2026 driven by increased listings from state-owned entities, heightened retail investor participation, and growing market confidence. Market capitalisation is expected to exceed $23 billion, signaling a significant capital market expansion. This surge supports investor optimism and reflects a broader trend of heightened activity in equity markets.

NSE rides 2026 investor wave as listings p…

Mary Trump Launches $MARY Meme Coin Mocking Donald Trump

May 17, 2026, 5:17 AM EDT. Mary Trump, niece of President Donald Trump, launched a meme coin called $MARY mocking her uncle. The coin’s site features satirical graphics and slogans criticizing the president, contrasting with Trump’s own cryptocurrency, $TRUMP, which has lost over 95% of its value since its January 2025 launch. Mary Trump is listed as Chief Crypto Advocate of $MARY, highlighting a familial rivalry carried into crypto. The move follows years of public criticism from Mary, who authored a critical 2020 book on Trump. The $MARY coin reflects ongoing tensions within the Trump family amid the president’s controversial ventures into decentralized finance.

Trump’s Niece Brutally Mocks Him With Meme…

Republika Srpska Raises 750 Million Euros on London Stock Exchange Amid Debate on Fiscal Stability

May 17, 2026, 5:16 AM EDT. Republika Srpska has secured 750 million euros in new debt through bonds on the London Stock Exchange, with a 6.375% interest rate. Finance Minister Zora Vidović confirmed that American investment funds purchased the bonds. Officials argue this shows international market credibility and manageable debt levels compared to the region. However, opposition and analysts warn of long-term financial risks, citing concerns that high borrowing costs may burden future generations if funds aren’t invested productively. The debate highlights tensions over fiscal responsibility amid ongoing economic challenges in Bosnia and Herzegovina.

New Debt of Republika Srpska on the London…

Nvidia Drives US Stock Market to Record Highs: Implications for UK Investors

May 17, 2026, 5:15 AM EDT.Nvidia’s market capitalization surpassed $5 trillion, propelling the S&P 500 near record levels above 7,400 points. The chipmaker leads the surge in artificial intelligence (AI) and semiconductor stocks, with revenues up 64.5% year-on-year and operating margins over 60%. Strong demand for AI chips and a GPU shortage underpin Nvidia’s pricing power and growth outlook. Despite a volatile environment marked by rising US Treasury yields, geopolitical tensions, and inflation concerns, Nvidia’s robust balance sheet and free cash flow (£86.36bn) support buybacks and investments. However, concentration in data center customers presents supply-chain risks. UK investors should monitor these dynamics as Nvidia remains a key driver of US market optimism amid global uncertainty.

Here’s why Nvidia’s pushing the US stock m…

UK Investors Can Gain Indirect Access to AI Firm Anthropic via Zoom Shares Under $100

May 17, 2026, 5:14 AM EDT.Anthropic, a leading artificial intelligence company valued near $900 billion, might IPO on Nasdaq or NYSE later this year. UK investors can gain early exposure by buying shares in Zoom (NASDAQ: ZM), which owns a sizable stake in Anthropic through Zoom Ventures. Zoom’s $51 million investment in 2023 has surged to an estimated $10.2 billion, representing about 35% of Zoom’s $29 billion market cap. Purchasing Zoom shares at under $100 offers indirect exposure to Anthropic. Zoom also boasts consistent revenue growth, a strong balance sheet, and a modest forward P/E ratio of 17, suggesting reasonable valuation. However, investors should weigh risks from competition with Big Tech firms like Microsoft and Google.

How UK investors can gain access to Anthro…

Venture Global Stock Surges 24.3% Driven by Strong Q1 Earnings and LNG Supply Deals

May 17, 2026, 5:13 AM EDT. Shares of liquefied natural gas (LNG) company Venture Global jumped 24.3% this week following strong first-quarter earnings and new five-year supply agreements with TotalEnergies and Vitol. The company’s share of contracted LNG cargo rose to 84%, strengthening long-term revenue visibility. Closure of the Strait of Hormuz, a key LNG transit route, has boosted prices, benefiting Venture Global’s uncontracted LNG streams. Management raised 2024 EBITDA guidance to $8.2-$8.5 billion, up from $5.2-$5.8 billion previously, citing ongoing supply constraints and plans to expand capacity beyond 100 million tonnes per annum by 2030. The outlook remains positive amid heightened geopolitical risks impacting LNG infrastructure investment in the Middle East.

Here's Why Venture Global Stock Soared 24.…

Why a SIPP with FTSE 100 Shares Could Outperform the FTSE 100 Index

May 17, 2026, 5:12 AM EDT. Investing £10,000 in a Self-Invested Personal Pension (SIPP) to buy a FTSE 100 index tracker could outperform a standard share-dealing account investment. The key is tax relief: the government boosts SIPP contributions by refunding income tax, effectively turning £10,000 into £12,500 for investment purposes. Over five years, the FTSE 100 rose 45%, so a £10,000 investment outside a SIPP would grow to about £14,500, while inside a SIPP it could reach £18,125 before dividends. This means investors can gain roughly 25% more in passive income in a SIPP due to tax advantages. The analysis highlights how tax relief makes a SIPP a powerful tool for enhancing returns, especially for FTSE 100 investments.

Here’s why a SIPP stuffed with FTSE 100 sh…

3 Dividend Stocks Outperforming the Market in 2026

May 17, 2026, 5:11 AM EDT. In 2026, three dividend stocks are significantly outperforming the broader market, offering both stable income and strong returns. Broadcom (AVGO) leads with a remarkable 13-fold dividend increase over ten years and $7.8 billion in stock buybacks in Q1, supported by robust free cash flow and growing AI-driven revenues. Enterprise Products Partners (EPD), a midstream energy pipeline operator, benefits from heightened demand amid geopolitical tensions and expanding AI data center needs, yielding around 5.8% dividend with 27 consecutive years of raises. These stocks reflect a blend of income and growth potential, making them key picks for investors seeking dividends without sacrificing capital appreciation.

3 Dividend Stocks That Are Quietly Crushin…

India's Stock Market Slips as AI Investment Bypasses Nation

May 17, 2026, 5:00 AM EDT. India risks falling out of the world’s top five stock markets as global investment pivots toward artificial intelligence (AI)-driven sectors. While AI rallies boost markets in Taiwan and South Korea, India lacks significant corporate exposure to chip manufacturing and AI infrastructure. This shift comes amid expensive equities and slowing earnings, with investors favoring themes beyond India’s consumption-driven economy. Despite India’s skilled workforce and digital scale, few companies are leading in AI developments, causing market underperformance in an AI-focused global landscape.

India missed ot on AI and now its run as m…

Korean Investors' U.S. Stock Holdings Exceed 300 Trillion Won

May 17, 2026, 4:59 AM EDT. Korean investors’ holdings in U.S. stocks have surpassed 300 trillion won, signaling increased exposure to American equities. Key investments include shares in Intel and inverse Exchange-Traded Funds (ETFs), which are used to profit from or hedge against declining markets. This shift reflects changing dynamics in the semiconductor sector, with investors adjusting portfolios amid industry volatility. The milestone highlights growing Korean participation in global markets, driven by strategic asset allocation and sector-specific bets.

Korean Investors' U.S. Stock Holdings Surp…

Equinor Boasts Strong Balance Sheet and Robust Returns with Over 4% Dividend Yield

May 17, 2026, 4:58 AM EDT. Equinor (EQNR) demonstrates a strong balance sheet and disciplined capital allocation, underpinning a dividend yield above 4% and about $1.5 billion in annual share buybacks. These strategic financial practices position Equinor as a valuable investment amid energy sector volatility. The company’s commitment to returning capital to shareholders highlights confidence in its cash flow stability, supporting steady returns and potential stock appreciation.

Equinor: A Fantastic Balance Sheet And Str…

Altius Minerals (TSX:ALS) Valuation Amid Recent Share Price Volatility

May 17, 2026, 4:57 AM EDT. Altius Minerals (TSX:ALS) shares fell 4.7% to CA$52.84 amid recent volatility, yet posted a 28.07% gain year-to-date and a 101.13% total shareholder return over one year. Despite this strong performance, analysts deem the stock 26.7% overvalued against a fair value estimate of CA$41.71, citing risks of underutilized liquidity from recent royalty sales. The stock’s price-to-earnings (P/E) ratio stands at 10x, below the Canadian market average of 16.8x and far below peer averages, signaling mixed valuation signals. Investors face a dichotomy between potential growth if capital is effectively redeployed and downside risks if earnings growth stalls. Market watchers are advised to weigh three key rewards against warning signs to gauge future prospects amid uncertain fundamentals.

A Look At Altius Minerals (TSX:ALS) Valuat…

Delta Air Lines Q1 Earnings Beat Expectations Despite Fuel Inflation

May 17, 2026, 4:56 AM EDT. Delta Air Lines posted robust first-quarter results, surpassing revenue and margin forecasts despite facing fuel cost inflation. Strong passenger demand helped offset rising expenses, showing resilience in the airline sector. Analysts consider Delta’s stock undervalued compared to industry peers, highlighting potential buying opportunities amid market volatility.

Delta Air Lines: Strong Demand Offsets Par…

Bill Ackman Reveals $2.09 Billion Stake in Major Tech Stock

May 17, 2026, 4:44 AM EDT. Billionaire investor Bill Ackman disclosed a $2.09 billion stake in a megacap technology company, which he began acquiring quietly in February. Ackman revealed his rationale behind the purchase, signaling confidence in the tech sector’s potential. This strategic move by Ackman underscores his continued interest in high-value tech stocks amid fluctuating market conditions.

Bill Ackman discloses new $2.09 billion st…

Kromek Penny Stock Set to Soar 141% by 2027, Say Brokers

May 17, 2026, 4:43 AM EDT.Kromek (LSE:KMK), a 9p penny stock specialising in radiation and bio-detection tech, surged 59% in the past year, outpacing the FTSE 100 and S&P 500. Brokers forecast a 141% rise to 22p by 2027, driven by growth in its Advanced Imaging and CBRN Detection divisions. The £62 million market cap company benefits from a recent $37.5 million Siemens Healthineers deal and rising global nuclear security demand. FY26 revenue is expected at £27.2 million, pre-tax profit £2.15 million, aligning with market expectations. However, financials may remain volatile due to contract timing, and FY27’s forward P/E ratio stands at 48, signalling a pricey valuation. Rising interest rates pose added risks for this small-cap tech growth stock.

By 2027, this 9p penny stock could rocket …

New Fed Chair Kevin Warsh Plans to Shrink Fed Balance Sheet, Impacting Stocks and Bonds

May 17, 2026, 4:42 AM EDT.Kevin Warsh, the new Federal Reserve chair, aims to significantly reduce the Fed’s $6.7 trillion balance sheet, reversing the supportive strategy that fueled a 15-year stock market boom. The Federal Reserve’s quantitative easing since 2010 helped the S&P 500 multiply over sixfold. Warsh argues the large balance sheet overly distorts markets and disproportionately benefits asset holders. Shrinking it could push bond yields higher and increase borrowing costs for companies, potentially squeezing corporate profits. Investors should brace for increased market volatility and consider reducing exposure to highly valued tech stocks dependent on low interest rates and Fed support.

New Fed Chair Kevin Warsh Wants to Blow Up…

GoDaddy Investigation Highlights Risks in Promotional Pricing and Stock Valuation

May 17, 2026, 4:41 AM EDT. Kaplan Fox & Kilsheimer LLP has launched an investigation into GoDaddy (NYSE:GDDY) over potential securities law violations linked to the impact of domain pricing promotions disclosed during a recent earnings call. These promotions reduced revenue and bookings more than initially expected, raising concerns about communication transparency. GoDaddy’s stock trades at $87.18, down 26.4% year-to-date and significantly undervalued versus analyst targets and fair value estimates. The probe underscores issues with pricing strategies and disclosure practices amid a 54.2% decline over the past year. Investors should monitor future updates on promotional activity, customer retention, and financial guidance, especially considering GoDaddy’s high debt levels and associated regulatory risks. The investigation could influence market confidence and the company’s growth trajectory.

GoDaddy Probe Puts Promotional Pricing And…

Dynatrace Shares Drop 13% on Slower Sales Growth Forecast

May 17, 2026, 4:27 AM EDT. Shares of cloud observability platform Dynatrace (NYSE: DT) dropped 13.1% after management projected a slowdown in quarterly sales growth to 15% from 19.4%. Despite reporting first-quarter adjusted earnings of $0.41 per share and revenue of $531.7 million, both above analyst estimates, the company’s weaker next-quarter guidance weighed on investor sentiment. The earnings forecast was slightly ahead for the full year, but quarterly earnings per share guidance missed consensus. Dynatrace shares have fallen 20.6% year-to-date and trade 40.6% below their 52-week high of $56.64. The recent volatility contrasts with broader software sector strength fueled by positive forecasts from peers like Atlassian and Twilio.

Why Dynatrace (DT) Shares Are Sliding Toda…

Nvidia Earnings on May 20 to Influence AI, Tech Stocks and S&P 500 Movement

May 17, 2026, 4:26 AM EDT. Investors eye Nvidia’s May 20 earnings report as a key signal for the AI sector and broader tech stocks, which heavily influence the S&P 500 index. Nvidia, a leading AI chipmaker, provides insights into AI adoption across industries such as healthcare and automotive. Its earnings reveal demand trends for AI computing power, a critical factor for forecasting technological growth. Despite Nvidia’s prior strong revenue growth amid the AI boom, market responses have been muted due to ongoing concerns about tech stock valuations. May 21 is expected to see major market moves following the earnings announcement, making it crucial for investors to monitor Nvidia’s performance and its implications for the AI-driven market rally.

Prediction: May 21 Will Be a Huge Day for …

How a Stock Market Crash Could Enable Early Retirement

May 17, 2026, 4:13 AM EDT. A stock market crash can create buying opportunities for well-prepared investors by lowering share prices without necessarily changing business fundamentals. Using M&G plc as an example, investors who purchased shares during the 2020 crash now enjoy substantial capital gains and increased dividend yields-over 18% compared to the current 6.7%. High dividend yields accelerate portfolio growth, potentially cutting the time needed to double investment value from 11 years to just five. Experts advise focusing on long-term strategy rather than timing market crashes, as readiness to act during downturns can lead to significant portfolio benefits and earlier retirement.

A stock market crash could help you retire…

Halliburton Receives 'Moderate Buy' Consensus with Price Targets Rising

May 17, 2026, 4:12 AM EDT. Shares of Halliburton Company (NYSE:HAL) have gained a “Moderate Buy” consensus from 24 analysts, with 18 assigning buy ratings. The average 12-month price target stands at $42.45. Recent upgrades include Evercore’s shift from “in-line” to “outperform” and JPMorgan, RBC, and Morgan Stanley raising targets to around $42-$44. Shares opened at $41.71 on Friday, with a market cap of $34.85 billion and a P/E ratio of 22.92. Halliburton reported Q1 earnings of $0.55 per share versus $0.50 expected and revenue of $5.40 billion. The company also declared a quarterly dividend yielding 1.6%. Analysts expect 2.32 EPS for the current year, reflecting improving sentiment amid stable financials.

Halliburton Company (NYSE:HAL) Given Conse…

Dalal Street Outlook: US-Iran Conflict, Crude Oil, Rupee Movement to Drive Market This Week

May 17, 2026, 4:11 AM EDT. Dalal Street faces volatility this week amid ongoing US-Iran tensions, rising crude oil prices hitting $109 per barrel, and a weakening rupee falling below 96 against the dollar. Analysts say these factors create pressure on investor sentiment. Key focus areas include geopolitical developments, foreign institutional investor activity, and economic data from China, the US, and India. The market will also watch the US Federal Open Market Committee’s (FOMC) minutes for guidance. The final earnings phase will spotlight companies like IOC, BPCL, GAIL, and NTPC. Last week, the BSE Sensex dropped 2.7%, and the NSE Nifty declined 2.2%, reflecting the tense outlook. Traders remain sensitive to any shifts in diplomacy or disruptions in the Strait of Hormuz, vital for global energy supply.

Dalal Street this week: What will guide st…

Xanadu Quantum Technologies (TSX:XNDU) Valuation Assessment After Sharp Share Price Pullback

May 17, 2026, 4:10 AM EDT. Xanadu Quantum Technologies (TSX:XNDU) shares fell 9.5% in one day and 54.8% over the past month, despite a 17.2% year-to-date gain. The company posted CA$4.617 million in revenue but reported a significant CA$70.667 million loss, resulting in negative equity and a price-to-book (P/B) ratio of 21.6x. This P/B ratio is notably higher than the Canadian Software sector average of 2.7x and peer average of 6.2x, reflecting market uncertainty about Xanadu’s future growth prospects. The elevated P/B multiple is distorted by the company’s losses and negative equity, limiting straightforward valuation comparisons. Investors are advised to weigh both potential rewards and risks carefully amid shifting quantum computing sentiment before adjusting portfolio exposure.

Assessing Xanadu Quantum Technologies (TSX…

Stock Market Today

  • GameStop CEO Ryan Cohen's eBay Acquisition Bid Rejected, Claims Disputed
    May 17, 2026, 5:28 AM EDT. eBay rejected GameStop CEO Ryan Cohen's unsolicited $55 billion acquisition offer as neither credible nor attractive. Cohen criticized eBay's management and plans to rally shareholders. However, eBay analysts highlight the company's strong recent performance: a 30% increase in stock year-to-date, 65% rise over one year, 18 times forward earnings valuation, and a 1.1% dividend. eBay reported 18% growth in gross merchandise volume and 19% revenue growth year-over-year, with 136 million buyers. The marketplace is expanding its niche in collectibles and trading cards, areas Cohen acknowledged. Experts say Cohen's approach and criticisms undermine his credibility given GameStop's board composition and eBay's solid financials, indicating eBay's independence from GameStop's acquisition strategy.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 17.05.2026

17 May 2026
LIVEMarkets rolling coverageStarted: May 17, 2026, 4:00 AM EDTUpdated: May 17, 2026, 5:41 AM EDT GameStop CEO Ryan Cohen's eBay Acquisition Bid Rejected, Claims Disputed May 17, 2026, 5:28 AM EDT.eBay rejected GameStop CEO Ryan Cohen’s unsolicited $55 billion acquisition offer as neither credible nor attractive. Cohen criticized eBay’s management and plans to rally shareholders. However, eBay analysts highlight the company’s strong recent performance: a 30% increase in stock year-to-date, 65% rise over one year, 18 times forward earnings valuation, and a 1.1% dividend. eBay reported 18% growth in gross merchandise volume and 19% revenue growth year-over-year, with 136 million
Joby Aviation Slides Monday With Air-Taxi in Focus

Joby Aviation Slides Monday With Air-Taxi in Focus

17 May 2026
Joby Aviation shares closed Friday at $10.36, down 2.6% for the day and 4.7% for the week. CEO JoeBen Bevirt-linked trusts sold over 421,000 shares under a preset 10b5-1 plan, filings showed. The stock traded between $10.04 and $10.58 during a volatile week. Broader markets and eVTOL sector peers also declined.
ImmunityBio’s BCG Agreement Puts Monday’s Trading in Focus

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

17 May 2026
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.
Infleqtion Shares Slide After Record Revenue, Market Looks to Next INFQ Catalyst

Infleqtion Shares Slide After Record Revenue, Market Looks to Next INFQ Catalyst

17 May 2026
Infleqtion Inc. shares fell 10.95% to $12.44 Friday, capping a rough week for quantum tech stocks. The company reported a first-quarter net loss of $30.3 million on $9.5 million in revenue, with 85% from government contracts. Infleqtion launched a new RF sensing platform and raised its 2026 revenue outlook, but warned of continued operating losses.
Joby Aviation Slides Monday With Air-Taxi in Focus
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Joby Aviation Slides Monday With Air-Taxi in Focus

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