Technology News 04.03.2026
LIVETechnology news rolling coverageStarted: March 4, 2026, 12:00 AM ESTUpdated: March 4, 2026, 12:08 AM EST
Robinhood (HOOD) stock slides after hours as new Advisor Network details land, “Take Flight” event next
Robinhood shares fell 3.4% to $76.07 in after-hours trading Tuesday after a volatile session. TradePMR, owned by Robinhood, began a pilot of the Robinhood Advisor Network targeting clients with over $250,000 in
Caterpillar stock slides 4% after oil shock rattles cyclicals — what could move CAT next
Caterpillar shares fell about 4% to $722.18 in after-hours trading Tuesday, extending losses as oil prices surged on Middle East conflict and
Western Digital stock price drops 7% after-hours as risk-off trade hits WDC
Western Digital shares fell 7.2% to $250.61 in after-hours trading Tuesday, tracking a broad selloff in storage and memory stocks as oil
Applied Materials (AMAT) stock drops 6% after hours as oil shock jolts chip-equipment names
Applied Materials shares fell 5.6% to $351.32 in after-hours trading Tuesday, tracking a broad selloff in tech as oil prices surged and
GE Vernova stock price drops 4% as Wall Street turns defensive; Italy expansion, Proficy sale in focus
GE Vernova shares fell 4.4% to $842 Tuesday, touching a low of $812 before steadying after hours. The drop followed a broader
Chevron stock slips after hours despite oil spike — what CVX investors are watching next
Chevron shares fell 0.4% to $188.77 in after-hours trading after Israel ordered the temporary shutdown of the Leviathan gas field. Oil prices surged, with Brent settling at $81.40 a barrel, the highest since January 2025. Citi raised its Chevron price target to $210, citing valuation support. Chevron options volume spiked, with heavy activity in upside calls.
JPMorgan stock ticks up after hours as oil surge lifts yields; jobs report and Fed meeting ahead
JPMorgan Chase shares rose 0.9% to $300.26 in after-hours trading Tuesday as Treasury yields climbed and traders pushed back expectations for a
Oracle stock (ORCL) steadies near $149 after-hours as March 10 earnings date set, lawsuit deadline looms
Oracle shares slipped 0.2% after-hours Tuesday, trading near $149, following the announcement that fiscal Q3 results will be released March 10 after
GOOG stock slips after-hours as Apple-Siri cloud talks and oil fears keep Alphabet in focus
Alphabet Class C shares closed at $303.52, down 0.93%, and slipped further to $303.56 after hours. The drop followed a broader Wall
Lumentum stock drops 11% after Nvidia’s $2 billion optics deal details land
Lumentum Holdings shares dropped 11.3% to $694.43 in after-hours trading Tuesday, reversing gains after Nvidia’s $2 billion investment. Nvidia bought 2.88 million
Meta stock edges higher after-hours as report flags new AI shopping tool to rival ChatGPT, Gemini
Meta shares rose 0.25% in after-hours trading Tuesday after reports the company is testing a shopping feature inside its AI chatbot. The tool, confirmed by Meta, shows product images, prices, and brief explanations, but does not support in-chat checkout. Some U.S. users have access on the Meta AI web experience. Meta declined to provide further details on rollout or monetization.
Netflix stock edges up after hours as JPMorgan turns bullish and CFO sale hits tape
Netflix shares rose 0.6% to $97.70 in after-hours trading Tuesday after JPMorgan upgraded the stock to “overweight” with a $120 target. A Form 4 filing showed CFO Spencer Neumann sold 57,260 shares under a preset plan. Investors are watching for his comments at a conference Wednesday. The moves follow Netflix’s exit from a major acquisition and a $2.8 billion termination fee.
AMD stock slides nearly 4% as oil surge rattles chip shares — what traders watch next
AMD shares fell 3.9% to $190.95 Tuesday and slipped another 0.15% after hours, tracking a broader semiconductor selloff as oil surged 4.7% on Middle East tensions. CEO Lisa Su said enterprise demand remains strong and AMD is seeking China licenses for its MI325 chips. Insider filings showed CFO Jean Hu and CCO Philip Guido disposed of shares for tax withholding. Investors weighed AMD’s $60 billion AI chip deal with Meta.
Microsoft stock rises after-hours as OpenAI Pentagon tweak and U.S. agency switch keep AI ties in focus
Microsoft shares rose 1.3% to $403.82 in after-hours trading Tuesday, valuing the company at about $3.6 trillion. Oil prices surged, with U.S. crude up 4.7% to $74.56 a barrel. OpenAI said it is revising its Pentagon contract after U.S. agencies shifted away from Anthropic. Investors await Microsoft’s appearance at a Morgan Stanley conference and Friday’s U.S. jobs report.
Apple stock slips after-hours after M5 MacBook rollout puts AAPL back in focus
Apple shares fell 0.4% to $263.71 in after-hours trading Tuesday after unveiling new MacBook Air and Pro models with M5 chips and higher base storage. The company also launched the iPhone 17e at $599 with 256GB storage, as memory chip prices rise globally. Preorders for all devices open March 4, with availability starting March 11. The Nasdaq closed down about 1% amid Middle East tensions and higher oil prices.
Micron stock price drops about 8% as risk-off hits memory chips — here’s what MU traders watch next
Micron shares fell 8% to $379.83 in after-hours trading Tuesday, hitting a session low of $375.11 as memory chip stocks slumped. The company announced it is shipping samples of a 256GB low-power server memory module for AI data centers. U.S. stocks broadly declined amid rising oil prices and Middle East tensions. About 38 million Micron shares traded hands.
FuboTV stock gets a fresh ‘Hold’ call: $3.33 target, insider sale and a looming reverse split
Analysts maintained a “Hold” rating on fuboTV with a $3.33 average price target, MarketBeat reported Monday. Shares traded near $1.20 Tuesday, close to their 52-week low. CEO David Gandler sold 170,279 shares in January to cover taxes on vested awards, according to an SEC filing. Fubo reported $1.549 billion in quarterly revenue and a net loss of $19.1 million.
Spotify stock bucks Wall Street slump as oil shock hits markets; what SPOT traders watch next
Spotify shares climbed 2% to $517.60 Tuesday, rebounding from a session low of $491, as about 2.15 million shares changed hands. The broader U.S. market fell amid rising oil prices and Middle East tensions. Spotify launched a new content hub in Latin America and faces a $1.5 billion note maturity on March 15. U.S. crude settled up 4.7% at $74.56 a barrel.
Constellation Energy (CEG) stock whipsaws, then steadies as oil surge rattles markets
Constellation Energy shares recovered from an early 5.4% drop to trade down 0.1% at $326.74 late Tuesday. Oil prices surged about 6% as Middle East tensions disrupted shipping, sending Brent to $82.44 a barrel and pressuring U.S. stocks. Investors await Constellation’s March 31 outlook call for 2026 guidance.
Analog Devices stock sinks nearly 4% as oil spike rattles chips; what ADI investors watch next
Analog Devices shares fell nearly 4% to $338.69 Tuesday as chip stocks slid on inflation fears tied to surging oil prices and Middle East tensions. The iShares Semiconductor ETF dropped 4.8%, while Texas Instruments and Microchip Technology also declined. Analog Devices CFO cited strong industrial and data center demand at a Morgan Stanley event. The company’s $1.10 dividend is payable March 17.
Rocket Lab stock swings as CEO files to sell shares; Cantor lifts target to $85
Rocket Lab shares rose 0.3% to $71.16 Tuesday after CEO Peter Beck filed to sell up to 28,761 shares worth about $2 million. The stock swung nearly 10% intraday. Cantor Fitzgerald raised its price target to $85 following the Geost acquisition, while other analysts cited delays in the Neutron rocket program. Rocket Lab reported record annual revenue of $602 million and a $1.85 billion backlog.
SoFi stock jumps as Mastercard taps SoFiUSD for payment settlement and CEO buys shares
SoFi Technologies shares rose 2% to $18.76 Tuesday after announcing an expanded partnership with Mastercard to use SoFiUSD stablecoin for card payment settlements. CEO Anthony Noto bought 56,000 shares on March 2, raising his stake to over 11.6 million shares. Mastercard shares gained 0.6%. Investors await details on rollout timing and adoption.
KLA (KLAC) stock drops nearly 6% as chip-equipment shares slide on oil-and-inflation fears
KLA Corp shares dropped 5.9% to $1,444.25 Tuesday afternoon, leading declines among chip-equipment makers as Lam Research fell 6.3%, Applied Materials 5.7%, and ASML 3.8%. The selloff followed renewed energy-price concerns tied to Middle East tensions. Investors are watching Friday’s U.S. jobs report for signals on interest rates.
AeroVironment stock rebounds as Space Force SCAR talks and Albuquerque expansion calm AVAV traders
AeroVironment shares jumped nearly 11% to $231.12 after the company said it remains in talks with the U.S. Space Force over the SCAR contract, reversing a 17% drop from Monday. The stock saw heavy trading after concerns the SCAR program would be rebid. Analysts remain divided on the impact to backlog and earnings. More details are expected March 10.
Palo Alto Networks stock jumps after Wells Fargo starts coverage; PANW bucks tech selloff
Palo Alto Networks shares jumped 4% to $156.21 Tuesday after Wells Fargo began coverage with a $200 price target, citing a favorable entry point despite recent declines. The gain came as U.S. stocks broadly fell on Middle East tensions. Palo Alto announced new AI and 5G security partnerships at Mobile World Congress. Investors remain wary after the company cut its 2026 profit forecast last month due to higher acquisition costs.
ScottishPower CEO blasts UK wind auction rules, jabs Ørsted as customer complaints pile up
ScottishPower CEO Keith Anderson criticized UK offshore wind auction rules after the company’s East Anglia ONE North project lost out to RWE-backed Dogger Bank South in the government’s latest subsidy round. Anderson warned the rules favor projects without planning consent, raising delivery risks. The government awarded contracts for 8.4 GW of offshore wind in Allocation Round 7.
Newmont Corporation stock price tumbles nearly 9% as gold retreats; NEM dividend date in view
Newmont Corp shares fell 8.8% to $117.35 Tuesday, tracking a sharp drop in spot gold, which slid 3.6% to $5,137 an ounce. Spot silver dropped 6.6% to $83.50. Sector peers Agnico Eagle Mines, AngloGold Ashanti, and Kinross Gold also posted steep declines. Newmont will pay a $0.26 quarterly dividend on March 26 to shareholders of record as of March 3.
Walmart stock bucks Tuesday selloff as oil surge rattles markets — WMT price in focus
Walmart shares rose 0.7% to $127.93 Tuesday, bucking a 1.7% drop in major U.S. indexes as Middle East conflict sent oil prices surging. Brent crude jumped 6.1% to $82.44 a barrel after U.S.-Israel strikes widened, raising concerns about inflation and future Fed rate cuts.
Citigroup stock whipsaws on Iran conflict jitters and Fed rate doubts — what investors watch next
Citigroup shares recovered after an early 4% drop Tuesday, closing nearly flat as investors reacted to Middle East tensions and the bank’s move to have some Gulf staff work from home. U.S. stocks fell broadly on higher energy prices and shifting rate expectations. Citi filed a pricing supplement for callable zero-coupon notes due 2038. Traders await Friday’s U.S. jobs report and the Federal Reserve’s March meeting.
UnitedHealth stock price today: UNH slides as Medicare scrutiny and risk-off trade hit insurers
UnitedHealth Group shares fell 2.1% to $288.79 Tuesday, tracking losses in major health insurers as Wall Street slid on inflation and Middle East conflict concerns. The Centers for Medicare & Medicaid Services told Elevance it may suspend new enrollments in its Medicare Advantage drug plans over regulatory deficiencies. UnitedHealth filed a new shelf registration and named Dennis Stankiewicz chief accounting officer.
Robinhood stock slips in afternoon trade as markets wobble; “Take Flight” keynote and advisor network in focus
Robinhood shares fell 1.9% to $77.30 Tuesday as U.S. stocks and bitcoin declined. The company and its TradePMR unit launched a pilot “Robinhood Advisor Network” for select employees, with a wider rollout planned for Q2. Investors await the “Take Flight” product event on March 4. CFO Shiv Verma reported $5.5 billion in net deposits for February.
Heating oil price today: ULSD futures jump 13% above $3 as Hormuz disruption squeezes diesel
NY Harbor ULSD futures jumped 13.45% to $3.29 a gallon Tuesday as Middle East shipping disruptions tightened distillate supplies. Brent crude rose 7.8% to $83.81 a barrel, and U.S. diesel futures topped $3 for the first time since November. Tanker traffic slowed in the Strait of Hormuz after attacks on ships. President Trump was set to review U.S. policy options to address rising energy prices.
Lithium price hits limit down in China, dragging Albemarle and SQM stocks — what to watch next
Albemarle shares fell 6.1% to $167.33 as China’s lithium carbonate futures dropped nearly 13%, triggering declines in SQM and Sigma Lithium. The Global X Lithium & Battery Tech ETF lost 6.3%. China’s most-active lithium carbonate contract closed at 150,860 yuan a tonne after hitting its daily limit-down. Weak February EV sales in China and risk-off flows into gold pressured sentiment.
Amgen stock slides as Kyowa Kirin halts rocatinlimab trials on cancer concerns
Amgen shares dropped 2.3% to $377.01 after Kyowa Kirin halted all trials of the experimental drug rocatinlimab due to new safety concerns, including cases of malignancy. Kyowa Kirin had already ended its development partnership with Amgen. The decline outpaced broader healthcare and biotech sector losses. Investors await further safety disclosures and Amgen’s next quarterly results in late April.
Oil prices surge 8% as Strait of Hormuz disruption deepens; Brent tops $83
Oil prices jumped about 8% Tuesday as the U.S.-Israel air war against Iran blocked shipments through the Strait of Hormuz, now closed for a fourth day. Brent hit $83.81 a barrel, its highest since July 2024, while U.S. gasoline and diesel futures surged past $3 a gallon. Iraq cut output by over 1 million barrels per day. President Trump is reviewing options to control energy prices, including use of the Strategic Petroleum Reserve.