Stock Market 16 May 2026 - 17 May 2026

Academy Sports Shares Could Move 8% Next Week as Wall Street Eyes Key Figure
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Academy Sports Shares Could Move 8% Next Week as Wall Street Eyes Key Figure

Academy Sports and Outdoors shares fell 2.3% to $51.38 ahead of fiscal Q1 results due June 9. Options markets imply an 8.2% move on earnings, with analysts expecting EPS of 94 cents and revenue of $1.44 billion. The company raised its Q1 sales outlook to up 6%-7% and plans to update 2026 guidance. Academy opened two stores in Q1 and expects 20-25 new locations in 2026.
June 3, 2026
Haleon Holds Up as FTSE Falls, Next Up Monday
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Haleon Holds Up as FTSE Falls, Next Up Monday

Haleon PLC shares rose 1.15% to 332.9p on Friday, bucking a 1.71% drop in the FTSE 100 as London’s blue-chip market fell on political and economic worries. The company paid a 4.9p final dividend May 14 and continued its £500 million buyback, with 10.2 million shares bought for cancellation in early May. First-quarter organic revenue grew 2.2%. Haleon’s next results are due July 30.
May 16, 2026
Compass Group Lifts Profit Outlook But Shares Slide on Friday
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Compass Group Lifts Profit Outlook But Shares Slide on Friday

Compass Group shares fell 4.05% to $31.96 Friday despite a recent profit guidance upgrade, but remained 8% above last week’s close. The company lifted 2026 underlying operating profit growth guidance to above 11% after first-half revenue hit $25 billion and profit rose 12% to $1.84 billion. Compass switched its London trading currency to U.S. dollars in April. The FTSE 100 dropped 1.7% Friday amid political and inflation concerns.
May 16, 2026
SSE Stock Just Took a 9% Weekly Hit. Monday’s Gilt Open Could Decide What Comes Next
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SSE Stock Just Took a 9% Weekly Hit. Monday’s Gilt Open Could Decide What Comes Next

SSE PLC shares dropped 7.65% to 2,271 pence Friday, closing 17.94% below their April 13 high as the FTSE 100 fell 1.71%. The selloff came ahead of preliminary results due May 28 and amid rising UK gilt yields and political uncertainty. SSE’s week-to-week loss totaled about 9.4%. Other utilities, including National Grid and Centrica, also posted steep declines.
May 16, 2026
BP Shares Outpaced FTSE; Monday Trading Tied to Oil Shock
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BP Shares Outpaced FTSE; Monday Trading Tied to Oil Shock

BP shares closed Friday up 2.13% at 552.20 pence, bucking a 1.7% drop in the FTSE 100. Reuters reported BP plans to dismantle its pipeline gas trading team, shifting staff to LNG and cutting around 20 roles. BP is also considering selling some Egyptian gas assets after output there fell 40% in 2025. Brent crude settled at $109.26 a barrel, up 3.35% on shipping concerns in the Strait of Hormuz.
May 16, 2026
HSBC Stock Heads Toward Monday After Private-Credit Hit, FTSE Drop
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HSBC Stock Heads Toward Monday After Private-Credit Hit, FTSE Drop

HSBC shares closed down 1.93% at 1,324 pence on Friday but ended the week up 0.3%. The bank faces questions over private-credit exposure after a $400 million loss tied to Market Financial Solutions and reports of a paused $4 billion private-credit plan. Barclays also reported an impairment linked to MFS. UK officials may announce plans Monday to ease bank ring-fencing rules.
May 16, 2026
UK & AU Stock Market Today: Live Updates 16.05.2026
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UK & AU Stock Market Today: Live Updates 16.05.2026

LIVEMarkets rolling coverageStarted: May 16, 2026, 12:00 AM EDTUpdated: May 16, 2026, 11:59 PM EDT Australia Nail Polish Stickers Market Forecast to 2035 | Key Trends and Challenges May 16, 2026, 11:57 PM EDT. The Australia nail polish stickers market relies heavily on imports, with over 85% sourced from China and Southeast Asia. Mass-market and drugstore segments make up about 55-60% of sales volume, while direct-to-consumer (DTC) and specialty beauty channels grow 8-12% annually, driven by trend-led designs and social commerce. The market is projected to grow at a compound annual rate between 6-9% through 2035, supported by rising demand
May 16, 2026
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Stock Market Today

  • Activist Hedge Fund Elliott Takes Major Stake in Northern Star, Calls for Strategic Overhaul
    June 2, 2026, 8:09 PM EDT. Shares of Northern Star Resources Ltd (ASX: NST), Australia's largest gold miner, surged 13.75% after Elliott Investment Management disclosed a stake exceeding A$1 billion, about 4% of the company. Elliott, a Florida-based activist hedge fund managing US$80 billion, criticized Northern Star's operational failures, including a 200% underperformance versus peers and production delays. The fund demanded a strategic review, possible sale, new directors, and a new CEO amid recent leadership changes and a significant valuation discount. Northern Star has expressed openness to dialogue. This development marks a pivotal moment for investors facing a steep market cap fall due to project delays and underperformance despite high gold prices.