Marcin Frąckiewicz

Broadcom stock after earnings: AI chip outlook tops estimates, buyback in focus
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Broadcom stock after earnings: AI chip outlook tops estimates, buyback in focus

Broadcom shares rose 1.1% to $317.53 in after-hours trading after forecasting second-quarter revenue of about $22 billion, topping analyst estimates. First-quarter revenue climbed 29% to a record $19.31 billion, with AI chip sales up 106% year-on-year to $8.4 billion. The company authorized a new $10 billion share buyback and kept its dividend unchanged. Investors await further details on margins and AI demand in the earnings call.
March 4, 2026
Amazon stock price jumps after $427 million Virginia campus buy puts AI data centers back in view
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Amazon stock price jumps after $427 million Virginia campus buy puts AI data centers back in view

Amazon shares rose 3.9% to $216.77 in after-hours trading Wednesday after announcing a $427 million purchase of George Washington University’s Virginia Science and Technology campus in Ashburn for new data-center capacity. The company faces zoning hurdles and local power constraints for the site. Investors await Friday’s U.S. jobs report as Amazon projects $200 billion in 2026 capital expenditures.
March 4, 2026
SoFi Technologies’ Mastercard stablecoin deal puts SoFiUSD settlement in focus as CEO buys $1 million of SOFI stock
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SoFi Technologies’ Mastercard stablecoin deal puts SoFiUSD settlement in focus as CEO buys $1 million of SOFI stock

SoFi will partner with Mastercard to settle card payments using its SoFiUSD stablecoin, the companies said Tuesday. CEO Anthony Noto bought 56,000 shares for about $1 million, according to a regulatory filing. SoFi shares rose 0.8% to $18.75, while Mastercard slipped 0.1% on Wednesday. SoFiUSD is issued by SoFi Bank and backed one-for-one by cash.
March 4, 2026
Battalion Oil Corporation taps new investor for $15 million at $5.50 as BATL stock swings
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Battalion Oil Corporation taps new investor for $15 million at $5.50 as BATL stock swings

Battalion Oil Corporation said it will raise about $15 million in a private placement at $5.50 per share, with net proceeds of $14.1 million expected. The unnamed institutional investor deal is set to close March 4. Shares surged to $29.70 Tuesday before falling 33% to $18.58 Wednesday. The company recently sold West Quito Draw assets for $60.1 million.
March 4, 2026
Ross Stores (ROST) stock jumps nearly 7% as spring outlook, buyback plan draw buyers
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Ross Stores (ROST) stock jumps nearly 7% as spring outlook, buyback plan draw buyers

Ross Stores shares rose 6.9% to $211.35 Wednesday after reporting fourth-quarter sales up 12% to $6.6 billion and earnings per share of $2.00, both above guidance. Comparable store sales climbed 9%, and the company launched a $2.55 billion share buyback and raised its dividend. Executives cited strong traffic and broad gains across categories. Ross forecast 7%–8% comparable growth for the current quarter ending May 2.
March 4, 2026
Western Digital stock jumps as CEO flags hyperscaler orders through 2028
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Western Digital stock jumps as CEO flags hyperscaler orders through 2028

Western Digital shares jumped 6.3% to $266.36 Wednesday afternoon, rebounding with storage peers after executives cited longer cloud customer order commitments and a firmer price outlook. CEO Irving Tan said top hyperscale clients have placed orders through 2028. Traders are watching Friday’s U.S. jobs report and the Fed’s March meeting for signals on rates and risk appetite.
March 4, 2026
Hilton takes over ex-Palazzo Versace on Australia’s Gold Coast — LXR brand lands in 2027
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Hilton takes over ex-Palazzo Versace on Australia’s Gold Coast — LXR brand lands in 2027

Hilton signed a deal to manage and rebrand the former Palazzo Versace hotel on Australia’s Gold Coast under its LXR luxury label, with reopening set for 2027 after renovations begin in coming months. The hotel, currently trading as The Imperial, will remain open during the overhaul. Hilton shares were down 0.3% at $305.05 in New York afternoon trading. Financial terms were not disclosed.
March 4, 2026
ServiceNow stock rises as CEO share-buy filing lands and Morgan Stanley chat nears
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ServiceNow stock rises as CEO share-buy filing lands and Morgan Stanley chat nears

ServiceNow shares climbed 1.3% to $114.66 Wednesday afternoon, rebounding after weeks of losses but still 46% below last July’s high. CEO William McDermott bought nearly $3 million in shares last week, according to an SEC filing. The company recently expanded its buyback authorization by $5 billion. McDermott is scheduled to speak at a Morgan Stanley conference later Wednesday.
March 4, 2026
AST SpaceMobile stock jumps after Telus signs Canada satellite-to-phone deal, takes equity stake
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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.
March 4, 2026
Heating oil price jumps above $3.25 as Hormuz disruption keeps fuel traders on edge
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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.
March 4, 2026
Why Intuit stock is up again: TurboTax momentum meets Direct File bill risk
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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.
March 4, 2026
Salesforce stock price slips as Formula 1 AI tie-up lands and buyback doubts linger
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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.
March 4, 2026
Mortgage rates today hold near 6% as refi demand jumps; Rocket stock slips in US trade
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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.
March 4, 2026
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