Technology News 04.03.2026
March 4, 2026

Technology News 04.03.2026

LIVETechnology news rolling coverageStarted: March 4, 2026, 12:00 AM ESTUpdated: March 4, 2026, 3:30 AM EST
Why Coinbase stock price slid Tuesday: oil shock hits bitcoin, insider sale filing surfaces

Why Coinbase stock price slid Tuesday: oil shock hits bitcoin, insider sale filing surfaces

Coinbase shares fell 1.6% to $182.36 in after-hours trading Tuesday, tracking declines in bitcoin and global stocks as Middle East tensions escalated. Chief Legal Officer Paul Grewal sold 1,314 shares on Feb. 27 under a pre-arranged plan, SEC filings showed. Traders are watching oil prices and upcoming U.S. jobs data for further direction.
Intuit stock pops after-hours after a 3% jump as TurboTax store push comes back into view

Intuit stock pops after-hours after a 3% jump as TurboTax store push comes back into view

March 4, 2026
Intuit shares climbed 3.5% to $433.35 in after-hours trading Tuesday, marking a fifth straight gain on above-average volume despite a falling S&P 500. The move follows management’s push for nearly 600 new local offices and more assisted tax filing during peak season. CEO Sasan Goodarzi cited strong TurboTax growth but flagged Mailchimp weakness. Intuit remains down 47% from its 52-week high.
Caterpillar stock slides 4% after oil shock rattles cyclicals — what could move CAT next

Caterpillar stock slides 4% after oil shock rattles cyclicals — what could move CAT next

March 4, 2026
Caterpillar shares fell about 4% to $722.18 in after-hours trading Tuesday, extending losses as oil prices surged on Middle East conflict and investors retreated from industrial stocks. Brent crude settled up 4.7% at $81.40 a barrel, its highest in over a year. The Dow closed down 0.8%, S&P 500 lost 0.9%. Deere, GE Aerospace, and Paccar also declined in late trade.
Western Digital stock price drops 7% after-hours as risk-off trade hits WDC

Western Digital stock price drops 7% after-hours as risk-off trade hits WDC

March 4, 2026
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 prices surged and Treasury yields rose. The S&P 500 closed down 0.94% and the Nasdaq lost 1.02%. Brent crude settled at $81.40 a barrel, up 4.7%. Western Digital will pay a $0.125-per-share dividend on March 18 to holders as of March 5.
GE Vernova stock price drops 4% as Wall Street turns defensive; Italy expansion, Proficy sale in focus

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 market decline amid concerns over Middle East conflict and rising oil prices. GE Vernova announced a $30 million expansion of its Italian plant and completed the $600 million sale of its Proficy software business to TPG.
Chevron stock slips after hours despite oil spike — what CVX investors are watching next

Chevron stock slips after hours despite oil spike — what CVX investors are watching next

March 4, 2026
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 stock ticks up after hours as oil surge lifts yields; jobs report and Fed meeting ahead

March 4, 2026
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 Fed rate cut to September. Wall Street closed lower on concerns the Middle East conflict could fuel inflation. The S&P 500 fell 0.94%. Investors are awaiting U.S. jobs data on March 6 and the Fed’s policy meeting later this month.
Oracle stock (ORCL) steadies near $149 after-hours as March 10 earnings date set, lawsuit deadline looms

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 market close. A securities-fraud class action lawsuit was filed against Oracle, with an April 6 deadline for lead-plaintiff applications. The complaint cites alleged misstatements about AI data-center capabilities and capex.
GOOG stock slips after-hours as Apple-Siri cloud talks and oil fears keep Alphabet in focus

GOOG stock slips after-hours as Apple-Siri cloud talks and oil fears keep Alphabet in focus

March 3, 2026
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 Street decline as investors watched Middle East tensions and rising oil prices. Apple is reportedly in talks to host an upgraded Siri on Google Cloud, citing capacity limits in its own infrastructure. Alphabet’s $0.21 dividend is set for March 16 to holders as of March 9.
Lumentum stock drops 11% after Nvidia’s $2 billion optics deal details land

Lumentum stock drops 11% after Nvidia’s $2 billion optics deal details land

March 3, 2026
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 Series A convertible preferred shares at $695.31 each, but conversion to common stock awaits U.S. antitrust clearance. CFO Ali Wajid sold 5,302 shares last week. Lumentum will brief investors March 17 at the OFC 2026 conference.
Meta stock edges higher after-hours as report flags new AI shopping tool to rival ChatGPT, Gemini

Meta stock edges higher after-hours as report flags new AI shopping tool to rival ChatGPT, Gemini

March 3, 2026
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 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 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 stock rises after-hours as OpenAI Pentagon tweak and U.S. agency switch keep AI ties in focus

March 3, 2026
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 stock slips after-hours after M5 MacBook rollout puts AAPL back in focus

March 3, 2026
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 stock price drops about 8% as risk-off hits memory chips — here’s what MU traders watch next

March 3, 2026
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

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 stock bucks Wall Street slump as oil shock hits markets; what SPOT traders watch next

March 3, 2026
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.
Analog Devices stock sinks nearly 4% as oil spike rattles chips; what ADI investors watch next

Analog Devices stock sinks nearly 4% as oil spike rattles chips; what ADI investors watch next

March 3, 2026
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 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.