Amazon stock jumps nearly 3% as AWS data-center spending and power costs return to the fore
Amazon shares rose 2.9% to $214.72 in morning trading Wednesday after the company announced a $21
Nuburu (BURU) signs Maddox Defense JV for mobile 3D printing of drone parts
Nuburu signed a binding joint venture with Maddox Defense to develop a mobile 3D-printing system for drone and defense parts, funding up to $4 million for Phase I. The partners plan to
AppLovin stock slips after-hours after sharp swing; Morgan Stanley chat in focus
AppLovin shares closed up 1.4% at $438.89 Tuesday, then slipped 0.8% after hours. The stock swung between $406.10 and $444.16 during the
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
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
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
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.
SK hynix stock price falls 11% below 1 million won after Kospi rout — what to watch next
SK hynix shares fell 11.5% to 939,000 won Tuesday, dropping below 1 million won. The Kospi index slid 7.24% to 5,791.9, triggering
IQE share price slides after hitting 52-week high as takeover-code filings stack up
IQE shares dropped 6.8% to 23.85p in London after hitting a 12-month high of 29.5p earlier Tuesday. The stock remains in a
Samsung Electronics stock sinks nearly 10% as Seoul rout bites — what to watch next
Samsung Electronics closed down 9.88% at 195,100 won Tuesday, dragging the KOSPI 7.24% lower after a holiday break. Foreign investors sold 5.18
GOOG stock price drops as oil spikes on Middle East conflict; what to watch for Alphabet next
Alphabet’s Class C shares fell 2.4% to $304.06 Monday as oil surged over 8% on renewed Middle East tensions, sending volatility to
IREN Limited stock jumps as bitcoin rallies; crypto miners back in play
IREN shares jumped 12% to $43.59 on Wednesday as bitcoin surged about 7% near $73,700. Trading volume in IREN topped 25.8 million shares. Marathon Digital and Riot Platforms also rose, gaining about 7% and 7.5% respectively. The moves followed a volatile stretch for crypto-linked stocks.
Cisco stock (CSCO) rises as Splunk lands a telecom win and investors eye the next readout
Cisco shares rose 2.1% to $80.64 in afternoon trading Wednesday after announcing TPG Telecom will use Splunk software to upgrade security and operations across Australia. The move comes as Cisco highlights AI and security offerings at industry events and ahead of management’s appearance at a Morgan Stanley tech conference Thursday.
AST SpaceMobile stock jumps after Telus signs Canada satellite-to-phone deal, takes equity stake
TELUS will take an equity stake in AST SpaceMobile and invest in ground infrastructure to support satellite-to-phone service across Canada, the companies said Wednesday. AST shares rose about 12% after the announcement. Service is planned for late 2026 using standard smartphones and low-Earth-orbit satellites. AST reported Q4 revenue of $54.3 million and a net loss of $74 million.
US stock market today: S&P 500, Nasdaq climb on ADP jobs, ISM services; Beige Book next
U.S. stocks rebounded Wednesday afternoon, with the S&P 500 up 0.9% and Nasdaq gaining 1.5% by 1:41 p.m. ET, led by tech shares. ADP reported 63,000 private jobs added in February, while ISM services PMI hit 56.1, its highest since July 2022. U.S. crude inventories rose by 3.475 million barrels. The Fed Beige Book is due at 2 p.m. ET.
Heating oil price jumps above $3.25 as Hormuz disruption keeps fuel traders on edge
NYMEX April ULSD futures rose 2.2% to $3.2584 a gallon Wednesday as Middle East tensions stalled shipping through the Strait of Hormuz for a fifth day. U.S. distillate inventories increased by 0.4 million barrels last week but remain 3% below the five-year average, according to the EIA. Traders are watching Gulf shipping, Friday’s U.S. jobs report, and next week’s EIA update.
Why Intuit stock is up again: TurboTax momentum meets Direct File bill risk
Intuit shares rose 1.6% to $440.24 in early afternoon trading Wednesday, extending a six-day rally. CEO Sasan Goodarzi reported strong TurboTax growth and dismissed chatbot disruption concerns. Democrats introduced a bill to revive the IRS “Direct File” program, posing potential competition for paid tax software. Trading volume in Intuit stock topped its 50-day average for two straight sessions.
Salesforce stock price slips as Formula 1 AI tie-up lands and buyback doubts linger
Salesforce shares fell 0.2% to $195.73 in early afternoon trading Wednesday, tracking weakness across the software sector as investors weigh AI’s impact on subscription models. The company launched an AI-powered “fan companion” for Formula 1 and expanded its buyback program by $30 billion. U.S. private payrolls rose by 63,000 in February, ahead of Friday’s official jobs report. The Fed is expected to hold rates at its March meeting.
Mortgage rates today hold near 6% as refi demand jumps; Rocket stock slips in US trade
U.S. mortgage applications rose 11% last week, driven by a 14.3% jump in refinancing as 30-year fixed rates held at 6.09%, the Mortgage Bankers Association said. Mortgage News Daily reported the top-tier 30-year rate at 6.07%. Housing stocks fell, with Rocket Companies down 0.8%. Treasury yields firmed after strong service-sector data, while Fed officials warned of persistent inflation risks.
Nvidia stock rises as AI chip shares bounce; Broadcom earnings and jobs data next
Nvidia shares rose 1.5% to $182.77 after announcing a $4 billion investment in photonics suppliers, lifting other AI-linked chip stocks mid-session. Advanced Micro Devices gained 4.8%, Broadcom added 2.4%, and Super Micro Computer climbed 5.9%. Investors await Broadcom’s earnings after the close and Friday’s U.S. jobs report for further direction. Goldman Sachs flagged near-term correction risks for global equities.
XRP price pops near $1.45 as bitcoin rallies — Trump crypto bill push in focus
XRP jumped 5.8% to $1.45 on Wednesday, tracking a broader crypto rally as bitcoin topped $73,000 and ether climbed to $2,151. Traders cited easing Middle East tensions and renewed U.S. crypto legislation efforts. Nearly $3.9 billion in XRP changed hands, with market value near $88 billion. Investors now await Friday’s U.S. jobs report and updates on the Clarity Act.
Natural gas price drops after Tuesday rally as traders eye EIA storage report, Cameron LNG restart
U.S. April Henry Hub natural gas futures dropped 3.41% to $2.95/mmBtu by midday Wednesday, reversing part of Tuesday’s gains. Warmer U.S. weather forecasts and weaker LNG feedgas flows pressured prices despite ongoing Middle East risks. Leveraged gas ETFs BOIL fell 7.29% and KOLD rose 7.21%. Traders await Thursday’s U.S. storage report for the week ended Feb. 27.
Silver price today rebounds after Tuesday selloff as dollar eases, U.S. jobs data ahead
Spot silver rose 2% to $83.69 an ounce Wednesday, rebounding after a sharp drop as the dollar eased and Middle East tensions kept safe-haven demand elevated. iShares Silver Trust climbed 1.3% to $75.67. ADP reported U.S. private payrolls up 63,000 in February. Traders await Friday’s nonfarm payrolls report for signals on interest rates.
Bitcoin price jumps back above $73,000 as ETF inflows return and Iran war headlines drive swings
Bitcoin rose above $73,000 on Wednesday, gaining 7.3% to $73,294 after volatile trading. Ether climbed 8.5% to $2,151. U.S. spot bitcoin ETFs saw net inflows of $458.2 million and $225.2 million on March 2 and 3, led by BlackRock’s IBIT. U.S. stocks rebounded after reports of Iranian outreach to the U.S. amid ongoing conflict and oil market jitters.
Gold price today: Bullion rebounds after Tuesday rout as Iran war keeps haven bid alive
Gold rose 1.2% to $5,146.76 an ounce Wednesday, rebounding from Tuesday’s sharp drop as Middle East tensions and a weaker dollar spurred safe-haven demand. U.S. private payrolls beat forecasts, but traders remained cautious ahead of Friday’s jobs report. Gold-linked ETFs and miners traded mixed. Platinum is set for a fourth annual deficit in 2026, the World Platinum Investment Council said.
ADP jobs report: U.S. private payrolls rise 63,000 in February as job-switch pay edge hits record low
U.S. private employers added 63,000 jobs in February, ADP reported, with January revised down to 11,000. Most gains came from education, health, and construction, while professional services cut 30,000 jobs. Pay growth for job-stayers held at 4.5%; job-changer pay growth slipped to 6.3%. Small firms drove hiring, adding 58,000 jobs.
MongoDB stock steadies after a brutal slide — why Atlas growth is suddenly the only thing that matters
MongoDB shares rose 0.9% to $254.92 midday Wednesday after a steep drop Tuesday, following muted guidance and slowing growth in its Atlas cloud unit. Fourth-quarter revenue reached $695.1 million, up 27% year over year, with Atlas revenue up 29% but decelerating. Analysts remain divided on whether the outlook signals weaker demand. The company named Erica Volini chief customer officer amid leadership changes.
Dow Jones today: DJIA rebounds 300 points as Amazon and Nvidia lead; Fed Beige Book next
The Dow Jones rose 324.35 points, or 0.67%, to 48,824.77 by late morning as Amazon and Nvidia gained and oil prices steadied. Brent crude slipped 0.3% to $81.13 a barrel amid shipping paralysis in the Strait of Hormuz. ADP reported U.S. private payrolls grew by 63,000 in February. The ISM Services PMI hit 56.1, signaling expansion.
FTSE 100 rebounds after Middle East rout, but Vistry crash keeps UK stocks on edge
The FTSE 100 rose 0.8% to 10,567.65, recovering some ground after steep losses driven by Middle East conflict and energy price spikes. Vistry plunged 25.6% on a 2026 margin warning, dragging UK homebuilders lower. Brent crude slipped 0.3% to $81.13. Markets remain sensitive to energy supply risks and upcoming Bank of England policy.
Australian stock market today: ASX 200 futures hint at a bounce as RBA decision nears
The S&P/ASX 200 fell 1.94% to 8,901.2 on Wednesday, with BHP down 3.5% and Paladin dropping 8.4%. ASX 200 futures rose 0.3% premarket as oil prices surged over 10% after flows through the Strait of Hormuz halted. Australia’s GDP grew 0.8% last quarter. The Reserve Bank of Australia’s next rate decision is set for March 17.
Corning CFO flags $24 billion 2028 sales run rate as AI data-center fiber push accelerates
Corning CFO Edward Schlesinger said the company is targeting a $24 billion annual revenue run rate by 2028, driven by increased investment in optical communications for data centers. He highlighted a multiyear agreement with Meta worth up to $6 billion and ongoing manufacturing expansion in North Carolina. Solar remains a secondary growth area, with profitability expected before 2028. Corning shares fell 0.8% Tuesday.
Meta’s $50M-a-year News Corp AI deal shows how expensive training data is getting
Meta will pay News Corp up to $50 million a year for U.S. and UK news content under a multiyear licensing deal, the Wall Street Journal reported Wednesday. The agreement is expected to last at least three years as Meta seeks material for its AI products. Meta is also reorganizing AI teams to accelerate product launches. Meta shares rose 2.6% after news of the deal.
Palantir stock price rises as Rosenblatt lifts target and Thiel sale plan looms
Palantir shares rose 3% Wednesday to $151.58 after Rosenblatt raised its price target, citing wartime demand. President Trump announced a federal ban on Anthropic’s Claude tools, with Defense Secretary Hegseth barring military contractors from using them. The Washington Post reported Palantir’s Maven system uses Claude for targeting in Iran. Co-founder Peter Thiel filed to sell up to 2 million shares.
Amazon stock jumps nearly 3% as AWS data-center spending and power costs return to the fore
Amazon shares rose 2.9% to $214.72 in morning trading Wednesday after the company announced a $21 billion data center investment in Spain and a $427 million campus purchase in Virginia. Amazon will join other tech firms in signing a White House “Ratepayer Protection Pledge” as data-center energy demand grows. The stock rebounded after falling last month on a $200 billion capital spending forecast for 2026.
Micron’s 256GB SOCAMM2 memory sample hits customers — and MU shares rebound
Micron began shipping samples of a 256GB low-power server memory module for AI data centers, using a new SOCAMM2 form factor and LPDDR5X technology. Shares rose about 3% to $390.10 Wednesday after an 8% drop Tuesday. The module is built on a 32Gb monolithic LPDRAM die and targets power and space limits in AI servers. Rivals Samsung and SK hynix are also developing similar modules.
Tesla’s EU carbon-credit pool thins out for 2026 as Toyota and Stellantis hold back
Stellantis, Toyota, and Subaru are absent from Tesla’s carbon-credit pool for 2026, according to an EU filing, after joining the group last year. The European Commission now allows automakers to average fleet emissions over 2025-2027, easing compliance. Tesla could face reduced demand for its regulatory credits as a result. Stellantis and Toyota said they may still join later.