Marcin Frąckiewicz

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
Citigroup Signals Mid-Teens Q1 Fee and Markets Growth as Fraser Backs 2026 Goal

Citigroup Signals Mid-Teens Q1 Fee and Markets Growth as Fraser Backs 2026 Goal

Citigroup expects mid-teens percentage growth in first-quarter investment banking fees and markets revenue, CEO Jane Fraser said Tuesday. Citi shares rose about 3% in midday trading. Fraser reaffirmed the bank’s 10%-11% return on tangible common equity target for 2026 and said severance costs would be front-loaded this quarter. She warned that prolonged Middle East tensions and private credit losses could pose risks.
March 10, 2026
Booking Holdings Inc. Common Stock (BKNG) Falls as Oil Shock Tests Travel Demand After AI Relief Rally

Booking Holdings Inc. Common Stock (BKNG) Falls as Oil Shock Tests Travel Demand After AI Relief Rally

Booking Holdings shares fell 1.8% to about $4,362 by midday Tuesday, following a sector-wide drop as rising oil prices rattled travel stocks. Expedia lost 4.1%, Airbnb slipped 1.2%, and Tripadvisor dropped 4.1%. Booking recently reported strong Q4 results and announced a 25-to-1 stock split for April 2. Rising fuel costs and higher fares are raising concerns about future travel demand.
March 10, 2026
Circle Internet Group Stock Rises as New 10-K Reveals Heavy Reliance on USDC Reserve Income

Circle Internet Group Stock Rises as New 10-K Reveals Heavy Reliance on USDC Reserve Income

Circle Internet Group shares climbed 6.2% to $118.75 Tuesday after its annual report showed 96% of 2025 revenue came from reserve income tied to USDC stablecoin holdings. The company warned that lower interest rates would reduce returns. Circle also registered 14.54 million new shares for employee stock plans. Competition from Tether and other stablecoin issuers is increasing.
March 10, 2026
ServiceNow Partners With Cohesity to Safeguard AI Agents as Enterprise Risks Rise

ServiceNow Partners With Cohesity to Safeguard AI Agents as Enterprise Risks Rise

ServiceNow and Cohesity announced a partnership Tuesday to enable rapid restoration of AI agents and their data after errors or attacks, integrating ServiceNow’s AI Agent Control Tower with Cohesity Data Cloud later this year. The move comes as more businesses deploy autonomous AI agents, raising the stakes for recovery and resilience. ServiceNow shares fell about 3.2% in early trading.
March 10, 2026
Caterpillar Inc. Lands $840 Million Atlas Power Deal as AI Data Center Power Crunch Deepens

Caterpillar Inc. Lands $840 Million Atlas Power Deal as AI Data Center Power Crunch Deepens

Atlas Energy Solutions agreed to buy about $840 million in Caterpillar power-generation equipment through 2029, securing roughly 1.4 gigawatts of capacity. The deal comes as data center growth strains the U.S. grid and developers shift to on-site generation. Caterpillar shares rose 3% after the announcement. Atlas expects to own around 2 gigawatts of generation assets by 2030.
March 10, 2026
Visa Inc launches AI payment tool as stablecoins and AI shopping reshape checkout

Visa Inc launches AI payment tool as stablecoins and AI shopping reshape checkout

Visa launched a new payment-processing service on March 9, offering real-time machine learning analysis and 99.999% uptime, according to company data. The firm is integrating stablecoins into its systems, reporting a $4.5 billion annualized run rate, and expanding stablecoin-linked cards to over 100 countries by year-end. Visa’s first-quarter revenue rose to $10.9 billion as payment volume increased 8%. Stablecoin use at ordinary merchants remains limited.
March 10, 2026
Oracle Earnings Today: Wall Street Demands Proof AI Spending Will Pay Off

Oracle Earnings Today: Wall Street Demands Proof AI Spending Will Pay Off

Oracle will report third-quarter results after markets close Tuesday, with investors watching for signs its AI infrastructure spending is paying off. Shares are down over 20% this year as Oracle plans to raise up to $50 billion for cloud expansion. Wall Street expects adjusted earnings of about $1.70 a share on up to $16.9 billion in revenue. The company’s backlog hit $523 billion last quarter, boosted by deals with Meta and NVIDIA.
March 10, 2026
Kennewick Moves to Remove Bitcoin ATMs After Nearly $1 Million in Losses as Minnesota and Singapore Flag Crypto Scams

Kennewick Moves to Remove Bitcoin ATMs After Nearly $1 Million in Losses as Minnesota and Singapore Flag Crypto Scams

Kennewick City Council will review a proposal Tuesday to ban all virtual currency kiosks after police linked them to $923,771 in losses across 37 cases. Four incidents this year totaled $132,840. Washington and Minnesota lawmakers are considering stricter regulations or bans, citing scams targeting older adults. Industry groups argue the machines are not to blame.
March 10, 2026
Bank of America says AI, Erica and Zelle drove 30 billion client interactions in 2025

Bank of America says AI, Erica and Zelle drove 30 billion client interactions in 2025

Bank of America reported 30 billion digital client interactions in 2025, a 14% increase from the previous year, driven by use of its Erica assistant and Zelle payments. Shares rose 0.6% in midmorning trading. Erica handled nearly 700 million client uses, while Zelle saw 1.8 billion payments worth $556 billion. Mobile approvals on CashPro reached a record $1.2 trillion.
March 10, 2026
JPMorgan Chase Faces Fresh Legal Pressure as Employee Drug-Cost Suit Moves Ahead

JPMorgan Chase Faces Fresh Legal Pressure as Employee Drug-Cost Suit Moves Ahead

A federal judge in Manhattan allowed JPMorgan Chase employees to pursue key claims in a proposed class action alleging the bank mismanaged its health and prescription benefits plan, leading to inflated drug and premium costs. The suit claims the plan paid markups averaging 211% on 366 generic drugs through CVS Caremark. JPMorgan declined to comment. The judge dismissed some fiduciary-duty claims but let prohibited-transaction claims proceed.
March 10, 2026
Why Western Digital Stock Is Jumping Again as AI Spending Forecasts Climb

Why Western Digital Stock Is Jumping Again as AI Spending Forecasts Climb

Western Digital shares rose 6.7% to $279.59 Tuesday, outpacing the S&P 500 after Citigroup raised its global AI capital-spending forecast to $8.9 trillion for 2026-2030. The company reported 25% higher second-quarter sales and projected $3.2 billion in March-quarter revenue. Western Digital plans to raise $3.17 billion by selling part of its Sandisk stake. Deutsche Bank upgraded tech sector ratings to "neutral."
March 10, 2026
UnitedHealth Group Faces Fresh Medicare Advantage Pressure Ahead of Barclays Investor Event

UnitedHealth Group Faces Fresh Medicare Advantage Pressure Ahead of Barclays Investor Event

A congressional committee found seniors paid about 10% more in Medicare Part B premiums last year due to alleged overpayments to private Medicare Advantage plans, the Wall Street Journal reported Tuesday. UnitedHealth shares fell 1.4% by midmorning. The company, the largest Medicare Advantage provider, is set to address investors at a Barclays conference later in the day. UnitedHealth has denied previous allegations of aggressive billing practices.
March 10, 2026
Oracle Corporation Earnings Today: Can AI Cloud Growth Calm Wall Street’s Cost Fears?

Oracle Corporation Earnings Today: Can AI Cloud Growth Calm Wall Street’s Cost Fears?

Oracle will report third-quarter results after markets close Tuesday, as investors watch whether AI cloud demand can offset soaring data center costs. Shares fell 1.4% in early trading. Oracle plans to raise up to $50 billion this year for cloud expansion and may cut thousands of jobs, according to Bloomberg. Analysts expect revenue of $16.9 billion and adjusted EPS of $1.70.
March 10, 2026
Vertiv Holdings launches industrial UPS as S&P 500 move tests next phase of AI growth

Vertiv Holdings launches industrial UPS as S&P 500 move tests next phase of AI growth

Vertiv Holdings on Tuesday launched an industrial-grade UPS for factories and harsh sites, expanding its lineup before its March 23 S&P 500 entry. The company completed a $2.1 billion bond offering and secured a $2.5 billion credit facility this month. Vertiv forecasts 2026 net sales up to $13.75 billion after a surge in orders and backlog. The industrial UPS market includes established rivals Eaton and Schneider Electric.
March 10, 2026
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