News 16 May 2026 - 17 May 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots

Stock Market Today: Live Updates 14.07.2026

LIVEMarkets rolling coverageStarted: July 14, 2026, 4:00 AM EDTUpdated: July 14, 2026, 2:14 PM EDT Champion Iron (ASX:CIA) Dividend Cut Fuels Questions Around Valuation, Yield July 14, 2026, 1:52 PM EDT. Champion Iron (ASX:CIA) cut its ordinary dividend to CA$0.02 per share for H1 2026, sending investors back to their calculators on income after shares dropped 35.07% this year to A$3.98. The stock’s 1-year total return is still 10.05%, and over five years it’s up 26.85%, but momentum has cooled. Some in the market say Champion Iron looks roughly 34.4% undervalued, calling fair value at A$6.07 and pointing to its
July 14, 2026
CBA’s Record Drop Sets Up Key Week for Bulls
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CBA’s Record Drop Sets Up Key Week for Bulls

Commonwealth Bank of Australia starts Monday still off 9.4% for the past week. Shares picked up to A$159.40 on Friday, but the move wasn’t enough to make up for earlier selling, as investors pulled out and only later looked at the bank's growth. CBA dropped 10.4% on Wednesday, its biggest one-day percentage fall ever. The slump came after a trading update landed alongside federal budget moves to limit tax breaks for property investors, including negative gearing, which allows landlords to offset rental losses against other taxable income. The point now isn’t just how much CBA fell. Anna Milne, deputy portfolio manager at Wilson Asset Management, told ABC that CBA’s high valuation meant any downside risk to earnings could “shock the
May 17, 2026
BHP’s streak gets Monday check as copper’s fall drags miners
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BHP’s streak gets Monday check as copper’s fall drags miners

BHP Group comes into the week after slipping 2.58% to A$60.46 on Friday, pulling back from a record run as investors cashed out gains. The stock led the ASX by trading value, with sector peers Rio Tinto down 3.24% and Fortescue off 1.70%. The selling wasn’t isolated to BHP, hitting miners across the board, according to Australian Securities Exchange data. BHP now trades as a proxy for both copper demand and for Australia’s resource-heavy market. The S&P/ASX 200 ended Friday down 0.12% at 8,630.8, as materials fell 2.85%. The index lost 1.3% for the week, according to Market Index.
May 17, 2026
American Outdoor Brands Shares Drop Going Into Key Week Following Friday’s Decline
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American Outdoor Brands Shares Drop Going Into Key Week Following Friday’s Decline

American Outdoor Brands Inc. finished at $8.71 on Friday, down 5.1% for the day and closing out a tough week for the small-cap outdoor gear maker. U.S. markets closed for the weekend. The Nasdaq trades Monday to Friday from 9:30 a.m. to 4 p.m. Eastern, so shares next trade at the open on Monday. Stocks fell Friday on a risk-off session. The S&P 500 was down 1.24%, the Nasdaq Composite slid 1.54%, and the Dow gave up 1.07%. Oil prices and Treasury yields pushed higher, bringing back inflation concerns, according to Reuters.
May 17, 2026
Forefront Tech $10 SPAC stays flat as deadline countdown begins
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Forefront Tech $10 SPAC stays flat as deadline countdown begins

Forefront Tech Holdings Acquisition Corp units closed the week near flat after their debut, as investors look at this $100 million SPAC’s cash in trust and wait for a deal to be named. Trading stayed thin, with no acquisition target yet announced. The stock is now live on Nasdaq, trading as FTHAU. It’s not just an IPO filing anymore. Special purpose acquisition companies, or SPACs, have taken a bigger role in U.S. listings again—FTI Consulting says SPACs made up 69% of U.S. IPO deals in the first quarter, up from 58% last quarter.
May 17, 2026
Applied Optoelectronics’ Monster AI Rally Now Faces a $600 Million Test
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Applied Optoelectronics’ Monster AI Rally Now Faces a $600 Million Test

Applied Optoelectronics heads into the new week with its stock still up nearly 28% over five sessions, even after a sharp two-day pullback, as investors weigh a new $600 million stock-sale program against a fast-rising order and capacity story. The Nasdaq-listed optical-networking supplier closed Friday at $190.36, down 6.49% on the day, but well above its $148.94 close on May 8. The stock hit $233.67 intraday on Wednesday before giving back ground Thursday and Friday.
May 17, 2026
Oaktree SPAC draws trader attention after 5% filing
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Oaktree SPAC draws trader attention after 5% filing

Oaktree Acquisition Corp. III Life Sciences started the new week with barely any move in the stock. The SPAC posted a new ownership filing, something that tends to shift attention for thinly traded blank-check companies. OACC’s Class A shares ended Friday flat at $10.64. Reported volume was only 10 shares. The stock trades on Nasdaq, which is closed weekends and operates from 9:30 a.m. to 4 p.m. Eastern. SPAC traders are paying attention after Fort Baker Capital Management LP said Friday it owns 1 million Class A shares, or 5.1% of the class. The disclosure came days after Oaktree Acquisition III put out quarterly numbers with no merger picked yet and an Oct. 25 deadline to get a deal done.
May 17, 2026
Pegasystems Shares Approach 2026 Lows Ahead of Monday AI Cloud Event
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Pegasystems Shares Approach 2026 Lows Ahead of Monday AI Cloud Event

Pegasystems Inc. is starting the week on the back foot, with shares on the Nasdaq finishing Friday at $33.71. That comes after five days of losses, bringing the enterprise software company close to 2026 lows. Shares gained 0.96% Friday but are down 6.30% in the last week and have fallen 43.55% year to date, according to MarketScreener. Pega is set for a new investor spotlight on Monday as U.S. markets remain closed for the weekend. Founder and CEO Alan Trefler along with COO/CFO Ken Stillwell are on deck to speak at J.P. Morgan’s 2026 Global Technology, Media and Communications Conference in Boston, slated for 11:45 a.m. EDT.
May 17, 2026
Ultra Clean Shares Approach Highs as Market Eyes Upcoming Week
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Ultra Clean Shares Approach Highs as Market Eyes Upcoming Week

Ultra Clean Holdings Inc. slipped late in the week, closing just under its recent peak. The stock held up better than much of the chip-equipment sector on Friday as tech names fell broadly. Ultra Clean shares are on hold as the company is now seen as a more direct AI hardware play. Ultra Clean supplies subsystems, parts and high-purity cleaning services to chip makers. Investors are tracking demand for wafer-fab equipment, which are the tools used to build chips, to see if that continues in the second half.
May 17, 2026
Vodafone Idea Posts ₹51,970 Crore Profit; AGR Write-Back Drives Jump as Birla Group Adds Cash
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Vodafone Idea Posts ₹51,970 Crore Profit; AGR Write-Back Drives Jump as Birla Group Adds Cash

Vodafone Idea reported a March-quarter profit of ₹51,970 crore, thanks mostly to a one-off accounting gain. The company also signed off on a ₹4,730 crore warrant issue to an Aditya Birla Group unit. The moves gave the struggling telecom operator an unusual profit headline. Timing is a factor here. Announcements landed Saturday, with Vi shares last at ₹12.95, slipping 0.16% on Friday. That puts Monday’s session as the first shot at seeing if investors see the numbers as a sign of a turnaround or just balance-sheet cleanup.
May 17, 2026
UK Typhoons to Take On Iranian Drones With Lower-Cost Weapons
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UK Typhoons to Take On Iranian Drones With Lower-Cost Weapons

UK moves new anti-drone weapon to RAF Typhoons in Middle East Britain said Sunday it has put a low-cost anti-drone weapon onto Royal Air Force Typhoon fighter jets in the Middle East, shifting the kit from trials to actual missions in under two months. The Advanced Precision Kill Weapon System, or APKWS, gives pilots a cheaper option for shooting down drones compared to the bigger missiles now used for some intercepts. Small attack drones have made air defence as much a cost issue as a tactical one. Iran has hit Israel and Gulf states where U.S. forces are based after U.S. and Israeli attacks on Iran in late February. This month, Washington approved sales of APKWS to Qatar, Israel and
May 17, 2026
Silver Rules Tighten in India After Volatile Trading on Gold-Duty Moves
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Silver Rules Tighten in India After Volatile Trading on Gold-Duty Moves

India has moved to restrict imports of silver, putting certain silver-bar and semi-manufactured categories on its restricted list effective immediately. This adds to steps the government took earlier this week, when it raised duties on both gold and silver, as domestic silver prices showed sharp swings. Importers will now need tighter approvals for those categories, according to a government order. State oil firms hiked petrol and diesel prices by about 3 rupees per litre on Friday, the first increase in four years, just as fuel prices are rising and India faces higher import costs and foreign-exchange pressure. Bullion duties also rose to curb metal imports.
May 17, 2026
Oil Jolt Poised to Shake Up Indian Stocks as Nifty Ends Week Lower
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Oil Jolt Poised to Shake Up Indian Stocks as Nifty Ends Week Lower

Indian stocks head into Monday nursing losses after breaking a two-week win streak. The Nifty 50 dropped 2.2% last week to 23,643.50, and the Sensex shed 2.7% to 75,237.99. Oil, the rupee, and bond jitters are now setting the pace instead of earnings. “Rising energy prices triggered concerns over inflation, widening trade deficits, and margin pressures across energy-sensitive sectors,” said Ajit Mishra, SVP research at Religare Broking. Cash trading was closed Sunday, leaving Friday’s close as the most recent level. NSE’s site had the Nifty last at 23,643.50 at 15:30 on May 15. Early Saturday, GIFT Nifty futures—used by some as a lead indicator for Indian stocks—were at 23,769.00.
May 17, 2026
UK & AU Stock Market Today: Live Updates 17.05.2026
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UK & AU Stock Market Today: Live Updates 17.05.2026

LIVEMarkets rolling coverageStarted: May 17, 2026, 12:00 AM EDTUpdated: May 17, 2026, 11:57 PM EDT ASX 200 Stocks Continue Dominating Market Conversations May 17, 2026, 11:57 PM EDT. ASX 200 stocks remain a central focus in Australian market discussions, reflecting their critical role in the economy. This index tracks the top 200 companies on the Australian Securities Exchange, offering insights into market trends and investor sentiment. Despite active conversations, the content emphasizes that no specific stock recommendations are made. Investors are advised to conduct thorough research and consult financial professionals before making decisions. Kalkine Media provides this information solely for
May 17, 2026
Antofagasta stock caught in copper price swings as investors weigh next steps
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Antofagasta stock caught in copper price swings as investors weigh next steps

London’s Antofagasta plc got hit Friday, dropping 10.71% to finish at 3,810p. Miners took a heavy hit as UK equities slid. The FTSE 100 dropped 1.7% to 10,195.37, logging its steepest loss in over eight weeks. The move is notable since the stock had been considered a straightforward London play on copper strength. With the London Stock Exchange closed for the weekend — regular hours are Monday to Friday, 8:00 a.m. to 4:30 p.m. London — traders can only compare prices to Friday’s close, not to live trading.
May 17, 2026
Experian Shares Look for Direction Ahead of Results Next Week
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Experian Shares Look for Direction Ahead of Results Next Week

Experian PLC picked up a bit on Friday ahead of its full-year results next week. Shares got a lift from a pair of AI partnership announcements, which halted a slide but couldn’t claw back all of the midweek losses. Shares of the London-listed credit data and analytics group ended Friday at 2,598 pence, gaining 34 pence, or 1.33%. The stock had finished the prior week at 2,645.5 pence, so it remains about 1.8% down over the week.
May 17, 2026
Bunzl Edges Lower Ahead of Dividend Payout as FTSE Slide Puts Focus on Key Issue
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Bunzl Edges Lower Ahead of Dividend Payout as FTSE Slide Puts Focus on Key Issue

Bunzl plc shares were down heading into next week, though the drop was less severe than the losses seen across the London market. Friday’s selloff put attention back on Bunzl’s upcoming dividend and its 2026 recovery plan. London Stock Exchange trading runs Monday to Friday, 8:00 a.m. to 4:30 p.m. The exchange was shut on Saturday, so the last official figure was Friday’s close.
May 17, 2026
Tate & Lyle’s 45% rally puts focus on results week
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Tate & Lyle’s 45% rally puts focus on results week

Tate & Lyle will open Monday as a bid stock after shares jumped to 536p at Friday’s close, up about 45% from 370.8p the week before. London’s market is shut over the weekend. The rally followed news of U.S. peer Ingredion making an approach. Ingredion’s latest offer puts Tate & Lyle at as much as 615p a share. Tate & Lyle stock still trades about 15% under that level. The difference is the bid spread, the discount in the market when there’s a risk the deal could fall through, be repriced, or drag out.
May 17, 2026
Diageo Could See Moves Monday on Berkshire Exit, Lewis Report
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Diageo Could See Moves Monday on Berkshire Exit, Lewis Report

Diageo shares face pressure Monday with investors reacting to a late-week report on a management shake-up and a Reuters item that said Berkshire Hathaway no longer holds a stake in the Guinness maker. Diageo’s London shares finished Friday at 1,529.5 pence, rising 1.97% for the day but losing around 0.9% since the prior week’s close. The weekend’s pause could prove important after Bloomberg said Friday that a group of top Diageo executives will exit as Chief Executive Dave Lewis works on a major overhaul. Now, investors have to figure out next week if Friday’s move up was real momentum or just some relief in an otherwise weak trading stretch.
May 16, 2026
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