Morning News Wrap-Up, 5/18/26: Today's Biggest Stock Market Stories!
Complete. Here is the key summaryThe stock market opened with significant movements: Sunshine Biopharma (SBFM) surged, while Bitcoin Depot (BTM) plummeted due to bankruptcy. Eli Lilly (LLY) fell after a Supreme Court decision, and SpaceX plans a stock split. Boston Scientific (BSX) announced a share buyback, and Costco (COST) hit a 52-week high. Other notable changes included declines for Meta (META) and Advanced Micro Devices (AMD), while Netflix (NFLX) rose on positive analyst coverage.
The trading week has officially begun, and there are plenty of stock market stories traders need to know about. To help speed things along, we have a list of the hottest market happenings for Monday below.
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Trade STX with leverage- Sunshine Biopharma (SBFM) stock underwent a massive rally alongside heavy trading activity.
- Redwire (RDW) stock was volatile as the company attends SOF Week 2026.
- Bitcoin Depot (BTM) stock crashed on a bankruptcy filing.
- Eli Lilly (LLY) stock was down after the Supreme Court declined to hear one of the company's cases.
- SpaceX is reportedly planning a stock split ahead of the company's IPO.
- Lululemon Athletica (LULU) stock was on the rise despite internal turmoil.
- Boston Scientific (BSX) stock took off after the company revealed a share buyback.
- Salesforce (CRM) stock jumped on reinstated coverage from a top analyst.
- Costco Wholesale (COST) stock climbed to a new 52-week high on a dividend increase.
- Hims & Hers (HIMS) stock was slammed by a convertible notes offering.
- Seagate Technology (STX) stock fell after the company's CEO rejected talk of factory expansions.
- Meta Platforms (META) stock slipped alongside a new round of layoffs.
- The Dow Jones (DJIA) dipped alongside increased oil prices.
- Starbucks (SBUX) stock was down on plans to rely less on external service providers.
- Advanced Micro Devices (AMD) stock fell despite CEO Lisa Su's meeting with a Chinese official.
- Netflix (NFLX) stock gained alongside bullish analyst coverage.
- Take-Two (TTWO) stock jumped despite a leaked GTA 6 price.
