Marcin Frąckiewicz

Commonwealth Bank of Australia Says Wage Growth Held at 3.1% Ahead of RBA Rate Call

Commonwealth Bank of Australia Says Wage Growth Held at 3.1% Ahead of RBA Rate Call

Commonwealth Bank of Australia reported internal wage growth steady at 3.1% for the year to February and about 21,000 jobs added last month. The Reserve Bank meets March 16-17, with markets pricing a 50% chance of another rate hike after February’s increase to 3.85%. Major banks have already passed on higher rates to home-loan customers. CBA’s data shows stable wages despite a tight labor market.
March 10, 2026
BHP Group Ltd Succession Spotlight Sharpens as Geraldine Slattery Emerges in Twin CEO Race

BHP Group Ltd Succession Spotlight Sharpens as Geraldine Slattery Emerges in Twin CEO Race

BHP Australia President Geraldine Slattery is under consideration to succeed BHP CEO Mike Henry and is also a contender for the top job at Woodside Energy, according to reports from The Australian and Reuters. Woodside is interviewing candidates and plans to name a CEO in early 2026. BHP has not commented on succession. The miner’s next production update is set for April 22.
March 10, 2026
CoreWeave rolls out flexible AI cloud pricing after capex selloff rattled investors

CoreWeave rolls out flexible AI cloud pricing after capex selloff rattled investors

CoreWeave launched Flex Reservations and Spot instances Tuesday, expanding its AI cloud offerings as it ramps up spending to $30–$35 billion in 2026. Shares rose 0.7%. The company’s revenue backlog reached $66.8 billion at the end of 2025, but management warned the rapid build-out will pressure margins. Flex Reservations is in preview; Spot is generally available.
March 10, 2026
Capital One Financial Corporation Could Get Capital Relief After Discover Deal as U.S. Basel Rewrite Nears

Capital One Financial Corporation Could Get Capital Relief After Discover Deal as U.S. Basel Rewrite Nears

U.S. regulators plan a softer rewrite of Basel bank-capital rules, which could benefit Capital One as it absorbs Discover and awaits the Brex deal. The draft is expected in coming weeks and may lower capital requirements for large banks. Capital One completed its $35.3 billion Discover purchase in May 2025 and agreed to buy Brex for $5.15 billion. A proposed 10% cap on credit card rates remains a risk for card-heavy lenders.
March 10, 2026
Spotify Delays Some API Restrictions After Developer Backlash, Keeps Premium Rule

Spotify Delays Some API Restrictions After Developer Backlash, Keeps Premium Rule

Spotify on Monday delayed changes to its developer API after complaints from third-party app makers, but kept new restrictions including a Premium subscription requirement, five-user cap, and single client ID per developer. Some developers say the limits have already forced them to shut down public access to their apps, citing unclear upgrade paths and stricter rate limits. Spotify cited security and automation risks for the overhaul.
March 10, 2026
Australia Fuel Prices Spike as ACCC Checks Gouging and Reserve Claims Unravel

Australia Fuel Prices Spike as ACCC Checks Gouging and Reserve Claims Unravel

Diesel prices in parts of Australia have surged past A$2.50 a litre, with some stations near Dubbo hitting 259.9 cents, as Middle East tensions disrupt supply. The ACCC is investigating pricing and supply practices, warning fuel companies against misleading explanations. United Petroleum has begun rationing deliveries, and some wholesalers are restricting sales. Energy Minister Chris Bowen said Australia has 34 days of diesel in reserve.
March 10, 2026
Qualcomm’s New Wayve Deal Puts Self-Driving AI at the Center of Its Auto Push

Qualcomm’s New Wayve Deal Puts Self-Driving AI at the Center of Its Auto Push

Qualcomm announced a partnership with UK startup Wayve to combine Wayve’s AI Driver software with Snapdragon Ride chips for advanced driver-assistance and automated driving systems. Qualcomm shares fell 1.9% to $135.54 Tuesday after the company warned last month that a global memory shortage was hitting phone demand. Wayve recently raised $1.5 billion at an $8.6 billion valuation. The joint platform is drawing automaker interest.
March 10, 2026
Occidental Petroleum Debt Tender Advances as OXY Stock Slides With Oil

Occidental Petroleum Debt Tender Advances as OXY Stock Slides With Oil

Occidental Petroleum’s $1.2 billion debt tender offer took effect after bond-term changes, with $843.3 million of 2031 notes and $335.2 million of 2030 notes accepted. OXY shares fell 3.5% to $53.08 Tuesday. The company aims to cut principal debt to $14.3 billion in 2026, down from $20.63 billion at year-end. Oil stocks broadly declined as Brent crude dropped 12.6% to $86.50 a barrel.
March 10, 2026
RTX Corporation’s Pratt & Whitney Wins Leidos AGM-190A Engine Contract as U.S. Pushes Missile Output

RTX Corporation’s Pratt & Whitney Wins Leidos AGM-190A Engine Contract as U.S. Pushes Missile Output

Pratt & Whitney secured a new contract from Leidos Dynetics to supply TJ150 engines for the AGM-190A small cruise missile, with no financial terms disclosed. The deal follows a Pentagon push for higher weapons output after recent operations and comes as Leidos’ missile received its official U.S. Air Force designation. RTX and other defense contractors are increasing factory investment and scaling missile production.
March 10, 2026
Mastercard Incorporated launches AI ‘Virtual CFO’ for small businesses in new push beyond payments

Mastercard Incorporated launches AI ‘Virtual CFO’ for small businesses in new push beyond payments

Mastercard on Tuesday launched Virtual C-Suite, an AI product for small businesses starting with a Virtual CFO, to be distributed this year through banks and software providers. The company said the tool will use data from 175 billion transactions processed in 2025 to analyze performance and recommend actions. Mastercard shares fell 0.6% in afternoon New York trading; Visa dropped 0.3%.
March 10, 2026
Natural Gas Prices Today: Europe Gas Slides From 3-Year High, but Supply Risks Linger

Natural Gas Prices Today: Europe Gas Slides From 3-Year High, but Supply Risks Linger

European natural gas prices dropped sharply Tuesday, with the Dutch TTF benchmark falling 7.98 euros to 48.47 euros/MWh after President Trump suggested the Middle East conflict could end soon. Despite the decline, Europe’s gas storage remains below 30% and LNG shipments from Qatar are blocked, keeping competition for replacement cargoes high. U.S. LNG exports to Europe surged, but supply flexibility is limited.
March 10, 2026
Boeing Flags 737 MAX Wiring Flaw, Putting First-Quarter Deliveries at Risk

Boeing Flags 737 MAX Wiring Flaw, Putting First-Quarter Deliveries at Risk

Boeing said a wiring flaw on some undelivered 737 MAX jets could delay first-quarter deliveries, sending shares down 1.4% by midday Tuesday. The company is reworking affected planes after finding scratches on wires but kept production at 42 jets a month and maintained its 2026 delivery target. Boeing notified customers and the FAA. The MAX fleet in service can continue operating safely, according to Boeing.
March 10, 2026
Why XRP Price Is Up Today: XRP Climbs 4% as Bitcoin Reclaims $70,000

Why XRP Price Is Up Today: XRP Climbs 4% as Bitcoin Reclaims $70,000

XRP climbed about 4% to $1.42 on Tuesday as easing Middle East tensions boosted cryptocurrencies and sent bitcoin above $70,000. Despite the rally, CoinShares reported $30.3 million in outflows from XRP investment products last week, while bitcoin and ether saw strong inflows. Oil prices dropped over 12% after President Trump signaled the Iran war could end soon. Policy uncertainty persists as talks on the Clarity Act stalled in Washington.
March 10, 2026
Mortgage Rates Today: 30-Year Fixed Stays Near 6% as Spring Buyers Edge Back

Mortgage Rates Today: 30-Year Fixed Stays Near 6% as Spring Buyers Edge Back

U.S. 30-year fixed mortgage rates hovered near 6% this week, with Bankrate reporting 6.21% and Freddie Mac at 6.00%. Existing home sales rose 1.7% in February to a 4.09 million annual rate, as affordability improved from a year earlier. The 10-year Treasury yield fell to 4.102% after oil prices dropped. Economists warned affordability remains a challenge despite recent gains.
March 10, 2026
Analog Devices faces late Tuesday vote on 13 million-share stock plan ahead of annual meeting

Analog Devices faces late Tuesday vote on 13 million-share stock plan ahead of annual meeting

Analog Devices shareholders have until late Tuesday to vote on adding 13 million shares to its equity incentive plan, which would raise potential dilution to 6.11% from 3.48%. The board is urging approval ahead of Wednesday’s annual meeting in Boston. ADI stock rose 1% to $322.95 Tuesday afternoon. Shareholders will also vote on directors, executive pay, and a proposal to lower the threshold for calling special meetings.
March 10, 2026
Robinhood Markets’ New Private-Markets Fund Slips Below IPO Price, Testing Push Beyond Trading

Robinhood Markets’ New Private-Markets Fund Slips Below IPO Price, Testing Push Beyond Trading

Robinhood’s first private-markets fund traded at $22.50 on Tuesday, about 10% below its $25 IPO price just four days after launch. The closed-end fund holds late-stage companies including Databricks, Ramp, and Revolut. Robinhood shares were little changed at $79.74 midday. The company reported 27.2 million funded accounts and $324.4 billion in platform assets at January’s end.
March 10, 2026
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