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.
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
BNAI stock jumps as Brand Engagement Network puts its AI Concierge live at Armenia’s Dvin resort
Brand Engagement Network shares rose 23% to $52.30 in premarket trading after announcing a live guest trial of its AI concierge at
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
State Farm’s $5B Auto Insurance Cash-Back Reaches Georgia: $135 a Vehicle on Average
State Farm will pay nearly $279 million to Georgia auto policyholders as a dividend averaging $135 per vehicle, Georgia’s insurance commissioner said
NatWest shares steady after buyback update, with oil shock clouding UK rate bets
NatWest shares rose 0.2% to 587.2 pence by 09:44 GMT after two days of sharp losses, following news of a fresh share
BAE Systems share price rises: buyback update and Iran conflict keep BAES.L in focus
BAE Systems shares rose 1.1% to 2,245 pence by 0919 GMT after disclosing the repurchase of 98,810 shares at a VWAP of 2,216.38 pence. The stock hit a new 52-week high Monday, gaining 6% amid investor focus on the Middle East conflict. European defence stocks also advanced. Investors await further buyback news and BAE’s April 23 ex-dividend date.
IAG shares slide again as Middle East airspace shutdown hits British Airways
IAG shares dropped 5.4% Tuesday as Middle East disruptions forced major Gulf hubs to close or restrict traffic for a fourth day,
Lloyds share price slips again as oil shock dents UK rate-cut bets; buyback and Aegon talk in focus
Lloyds Banking Group shares fell 0.5% to 96.48p in early London trading Wednesday after closing down nearly 3% Tuesday. The drop follows
Shell stock price slips as Iran conflict pushes oil higher; buyback and LNG legal loss in focus
Shell’s U.S. shares fell 2.2% to $82.33 Tuesday despite oil prices rising on escalating conflict involving the U.S., Israel, and Iran. The
Barclays share price slips at the open as oil shock rattles UK bank stocks — what to watch next
Barclays shares fell 0.4% to 420.9p in early London trade Wednesday, after dropping 3.4% on both Monday and Tuesday. Rising oil and
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.
OpenAI’s GitHub rival idea puts Microsoft’s developer platform in the spotlight
OpenAI is developing a code-hosting platform that could compete with Microsoft’s GitHub, The Information reported Tuesday. The project began after OpenAI engineers faced repeated GitHub outages. The platform is in early development and may not launch for months. OpenAI, GitHub, and Microsoft declined to comment.
Select Medical (SEM) take-private deal: $16.50 cash offer, $3.9B value, and the financing behind it
Select Medical agreed to be taken private for $16.50 per share in cash, valuing the company at $3.9 billion. The buyer group secured $880 million in equity and up to $1 billion in debt financing, SEC filings showed. The deal requires approval from non-insider shareholders and U.S. regulators, with a Dec. 1, 2026 outside date. Select operates hospitals and clinics in dozens of states.
Tidewater lifts 2026 revenue view to $1.48B, keeps $500M buyback as offshore market tightens
Tidewater raised 2026 revenue guidance to $1.43–$1.48 billion and kept $500 million under its share repurchase authorization. Fourth-quarter net income jumped to $219.9 million, boosted by a $201.5 million non-cash tax benefit. Shares rose about 10% in early trading. The new outlook includes the pending Wilson Sons Ultratug fleet deal.
Bradesco sets March 31 vote on Bradseg spin-off in Bradsaúde healthcare push
Bradesco filed a distance voting ballot for a March 31 shareholders’ meeting to seek approval for a partial spin-off of Bradseg Participações. The move is part of a plan to transfer health assets into Odontoprev, which would become Bradsaúde. Bradesco’s New York-listed shares fell 6.6% after the filing. Shareholder approval and regulatory clearance are still required.
Vale speeds up Base Metals IPO prep as CEO targets mid-2026 readiness
Vale Base Metals aims to be ready for a potential IPO by mid-2026, moving up its target from 2027, CEO Shaun Usmar said Tuesday. The unit has cut costs, accelerated projects, and recently agreed to sell most of its stake in Manitoba’s Thompson Nickel Belt mine. Vale completed a $2.5 billion sale of a 10% stake in the unit to Manara Minerals in 2024. Copper prices have surged 36% in the past year, outpacing nickel.
Archer Aviation stock slides on bigger loss outlook even as FAA clears key Midnight step
Archer Aviation shares dropped 10.6% after the company projected a wider Q1 adjusted EBITDA loss of $160 million to $180 million. The FAA accepted all of Midnight’s “Means of Compliance,” advancing certification. Archer ended 2025 with $1.96 billion in liquidity and reported a $618.2 million net loss.
Netflix taps Ateme’s TITAN Live for live streaming as it steps up live events
Netflix signed a multi-year deal to use Ateme’s TITAN Live transcoder for live streaming, the French software firm said Tuesday. The agreement comes as Netflix expands into live programming and tests dynamic ad insertion for real-time ads. Financial terms were not disclosed. Netflix shares rose 0.6% in premarket trading.
AES Corporation buyout: BlackRock’s GIP and EQT seal $33.4 billion take-private deal
AES will be acquired for $15 per share in cash by a consortium led by BlackRock’s Global Infrastructure Partners and EQT, valuing the deal at about $33.4 billion including debt. The transaction would take AES off the NYSE and is expected to close in late 2026 or early 2027, pending shareholder and regulatory approvals. AES shares fell after the offer came in below the prior closing price.
Nio orders hit 2026 high after March promos, Deutsche Bank says — but wait times shrink
Nio’s weekly new orders rose to about 3,500 units in early March, the highest level this year, Deutsche Bank said, citing dealer checks. Wait times for the ES8 SUV dropped from up to 14 weeks in February to as little as 4 weeks, suggesting a shrinking order backlog. Nio shares fell for a fifth straight day Tuesday. The company reports quarterly results next week.
MARA Holdings stock slides as SEC filing opens door to selling bitcoin stash
MARA shares fell about 8% Wednesday after the company expanded its policy to allow sales of existing bitcoin holdings, not just newly mined coins. The miner held about 53,822 bitcoin at the end of 2025, valued near $4.7 billion. Clear Street cut its price target to $9 from $16, citing a lower EBITDA outlook. Rival miners Riot Platforms and Core Scientific also dropped around 7%.
Grab doubles Indonesia Eid bonus budget to Rp110 billion as new payout rule takes hold
Grab Indonesia will double its 2026 Eid bonus budget for drivers to up to 110 billion rupiah ($6.3 million), covering over 400,000 drivers. The government set a new minimum bonus at 25% of a driver’s average net income, with payouts due by March 14. Industry-wide, 220 billion rupiah will go to 850,000 drivers. Grab shares fell 2.8% in U.S. premarket trading.
American Airlines waives fees as Iran conflict keeps Gulf skies shut and hits airline stocks
American Airlines expanded travel waivers for customers booked through Middle East hubs, Tel Aviv, and Cairo as airspace closures forced mass cancellations and longer routes. U.S. officials arranged charter flights for stranded Americans. Airline shares, including American, fell as oil prices rose and disruptions stretched into a fifth day. Dubai’s airport remained shut, with over 21,000 flights canceled at major Gulf airports since the strikes began.
Nokia taps Google Cloud ‘agentic AI’ as Vodafone, Orange join its Network as Code push
Nokia said it will expand its Network as Code platform to include Vodafone, Deutsche Telekom, and Orange, and integrate Google Cloud’s agentic AI into network APIs. The move comes as operators seek new 5G revenue and automation options. Nokia also announced new deals with TIM Brasil and Deutsche Telekom on AI-ready 5G networks. OP Corporate Bank downgraded Nokia to “reduce” with a target price of 6.30 euros.
SoFi’s SoFiUSD stablecoin gets a Mastercard settlement lane — and traders are watching
SoFi said it will let clients settle Mastercard card transactions using its SoFiUSD stablecoin, expanding a partnership with Mastercard. SoFi Bank and Galileo clients are expected to get the option first. The announcement follows CEO Anthony Noto’s $1 million SoFi share purchase last week. SoFiUSD is not FDIC-insured and is backed 1:1 by cash or equivalents.
VA Debt Relief Program for Veterans? Here’s Why Credit Card Debt Usually Won’t Be Forgiven
The Department of Veterans Affairs does not offer general debt relief for veterans’ credit cards or private loans, CBS News reported. Relief from the VA applies mainly to debts owed to the agency itself, such as benefit overpayments. Military families are more likely than civilians to carry high credit card balances, according to Armed Forces Bank. The Servicemembers Civil Relief Act caps interest on pre-service debts at 6% for active-duty members.
Nvidia’s $4 billion photonics bet: why its Lumentum and Coherent deals matter now
Nvidia will invest $2 billion each in Lumentum and Coherent under multiyear optics deals, securing supply of lasers and optical networking components for AI data centers. Shares of Lumentum rose 5%, Coherent 9% after the news. The agreements include multibillion-dollar purchase commitments and capacity rights. Nvidia plans to detail its strategy at the GTC conference in San Jose starting March 16.
BNAI stock jumps as Brand Engagement Network puts its AI Concierge live at Armenia’s Dvin resort
Brand Engagement Network shares rose 23% to $52.30 in premarket trading after announcing a live guest trial of its AI concierge at Seven Visions Resort & Places, The Dvin in Yerevan, Armenia. The system routes guest requests for room service, housekeeping, and bookings directly to hotel staff. The rollout covers select rooms and uses QR codes and messaging. The company’s market value is about $249 million.
Alibaba’s Qwen AI boss steps down as exits hit key model team
Lin Junyang, head of Alibaba’s Qwen AI division, said he is stepping down, marking the third senior departure from the team this year. Alibaba shares fell about 4% in Hong Kong trading on Wednesday. The company has released over 400 Qwen models since 2023, downloaded more than 1 billion times, according to Chinese media. The reasons for Lin’s exit were not disclosed.