Business News 23 February 2026 - 26 February 2026

Virax Biolabs Stock Faces a Make-or-Break Nasdaq Vote After a Wild Week
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Virax Biolabs Stock Faces a Make-or-Break Nasdaq Vote After a Wild Week

Virax closed Friday at $0.2775, down 9.31%, but up 81% from May 15. Shareholders will vote June 5 on a 10-for-1 to 30-for-1 reverse share consolidation as the company faces a July 11 Nasdaq deadline to regain $1 minimum bid compliance. U.S. markets are closed Monday for Memorial Day, with trading to resume Tuesday. Armistice Capital disclosed a 4.99% stake in Virax earlier this month.
May 25, 2026
Figma stock slips in early trade after two-day rally as insider filings hit tape
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Figma stock slips in early trade after two-day rally as insider filings hit tape

Figma shares fell 0.9% to $30.96 in early Thursday trading, paring gains after two days of double-digit rallies. Director Andrew Reed disclosed buying over 554,000 shares last week, while a Form 144 flagged potential insider sales. The moves follow Figma’s strong fourth-quarter results and ahead of planned pricing changes in March. Investors await the next earnings report on May 14.
February 26, 2026
Celsius (CELH) stock jumps in premarket after Q4 earnings; margins and PepsiCo integration back in focus
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Celsius (CELH) stock jumps in premarket after Q4 earnings; margins and PepsiCo integration back in focus

Celsius Holdings shares jumped 17% in premarket trading after reporting fourth-quarter revenue up 117% to $721.6 million and full-year revenue up 86% to $2.52 billion. Adjusted diluted EPS for the quarter was $0.26, beating Wall Street estimates. Gross margin fell to 47.4% due to integration costs and distributor changes. Management will discuss results on a webcast at 8:00 a.m. ET.
February 26, 2026
Everpure stock price jumps premarket as PSTG lifts FY27 outlook after $1 billion quarter
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Everpure stock price jumps premarket as PSTG lifts FY27 outlook after $1 billion quarter

Everpure shares jumped 6.2% to $78.15 in U.S. premarket trading after reporting fiscal Q4 revenue of $1.1 billion, up 20%. Subscription ARR rose 16% to $1.9 billion, and RPO climbed 40% to $3.7 billion. The company forecast fiscal 2027 revenue of $4.3–$4.4 billion. Everpure will begin trading under its new name on March 5, keeping the PSTG ticker.
February 26, 2026
Alibaba stock slides in premarket as cut-price AI coding plan puts earnings in the spotlight
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Alibaba stock slides in premarket as cut-price AI coding plan puts earnings in the spotlight

Alibaba’s U.S.-listed shares fell 3.1% to $147.58 in premarket trading Thursday after the company launched low-cost access to several Chinese AI coding models via its cloud unit. The new “Coding Plan” offers introductory prices as low as 7.9 yuan per month. Investors are watching cloud demand and AI spending ahead of Alibaba’s next results update. ByteDance’s Doubao chatbot recently topped 100 million daily users, while Alibaba’s Qwen peaked at 30 million.
February 26, 2026
Workday stock slides as weak subscription outlook feeds AI nerves; WDAY near multi-year low
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Workday stock slides as weak subscription outlook feeds AI nerves; WDAY near multi-year low

Workday shares fell 6.3% to $130.23 Wednesday after the company forecast fiscal 2027 subscription revenue below Wall Street estimates, citing delays in closing large enterprise deals. The stock earlier hit a five-year low of $125.86. Workday reported fourth-quarter subscription revenue of $2.36 billion and a full-year total of $8.83 billion. Traders are watching Salesforce earnings for signals on broader software demand.
February 25, 2026
Western Digital stock jumps 7% after S&P upgrade as debt cleanup hits filings
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Western Digital stock jumps 7% after S&P upgrade as debt cleanup hits filings

Western Digital shares jumped 7.5% to $290.79 in mid-morning trade after S&P raised its credit rating to BBB-, citing debt reduction and a net-cash outlook. SEC filings showed the company eliminated preferred stock and redeemed senior notes due 2029 and 2032. Chief Legal Officer Cynthia Tregillis sold 438 shares under a pre-arranged plan. Rival Seagate Technology also gained about 5.5%.
February 25, 2026
Axon stock jumps 16% premarket after Q4 beat, $6 billion 2028 target in view
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Axon stock jumps 16% premarket after Q4 beat, $6 billion 2028 target in view

Axon Enterprise shares jumped 16% premarket to $514.93 after quarterly results beat estimates, with adjusted profit of $2.15 per share on $796.7 million revenue. The company forecast 2026 revenue growth of 27% to 30% and set 2028 targets of $6 billion in annual revenue. Margins eased on tariffs and hardware mix. Stock closed Tuesday at $442.51, well below its 52-week high near $886.
February 25, 2026
Dow Jones today: DJIA climbs 300 points as Home Depot beats estimates and IBM rebounds
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Dow Jones today: DJIA climbs 300 points as Home Depot beats estimates and IBM rebounds

The Dow Jones Industrial Average climbed 304 points to 49,108.39 by late Tuesday morning, rebounding after an 822-point drop Monday. Gains in IBM, Salesforce, and Home Depot offset losses from UnitedHealth. Home Depot beat earnings estimates, while IBM recovered from its steepest fall in 25 years linked to AI-driven concerns over COBOL modernization. AMD announced a $60 billion AI chip deal with Meta Platforms.
February 24, 2026
Sprouts Farmers Market stock holds near $72 in premarket after 6% jump as outlook, buyback stay in focus
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Sprouts Farmers Market stock holds near $72 in premarket after 6% jump as outlook, buyback stay in focus

Sprouts Farmers Market shares rose 0.3% premarket Tuesday after closing up nearly 6% Monday. The company reported Q4 net sales up 8% to $2.1 billion and forecast Q1 comparable store sales down 3% to 1%. Sprouts authorized a $1 billion share buyback and named new merchandising and customer chiefs amid management changes.
February 24, 2026
Cadence stock faces Tuesday test after Hexagon deal closes and new shares hit tape
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Cadence stock faces Tuesday test after Hexagon deal closes and new shares hit tape

Cadence Design Systems issued 3.2 million shares to help fund its €2.7 billion purchase of Hexagon’s design-and-engineering unit, according to an SEC filing. The stock dropped 5.6% Monday, closing at $279.80. Cadence expects the deal to dilute 2026 non-GAAP EPS by 28 cents, turning accretive in 2027. The acquisition adds $160 million to projected 2026 revenue.
February 24, 2026
Lemonade stock drops nearly 12% as LMND traders refocus on 2026 profit targets
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Lemonade stock drops nearly 12% as LMND traders refocus on 2026 profit targets

Lemonade, Inc. shares dropped 11.9% Monday, closing at $50.51 after the company projected a 2026 adjusted EBITDA loss of up to $52 million. Fourth-quarter revenue rose 53% to $228.1 million, beating estimates. Short interest reached 18.3% of float as of Jan. 30. Lemonade warned it may not reach profitability and flagged risks from competition and reliance on AI.
February 24, 2026
Apple stock price rises today: AAPL steadies as tariffs loom and March 4 product blitz nears
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Apple stock price rises today: AAPL steadies as tariffs loom and March 4 product blitz nears

Apple shares rose 0.9% to $267.03 in Monday morning trading despite a new 15% import duty announced by President Trump. The company will hold its annual shareholder meeting virtually on Feb. 24, with a vote on a “China Entanglement Audit” proposal. Apple is expected to unveil new products March 2–4, including a low-cost MacBook and iPhone 17e. March-quarter revenue is forecast to grow 13% to 16%.
February 23, 2026
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Stock Market Today

  • Why SSH Group (ASX:SSH) Is Pursuing Strategic Expansion
    May 25, 2026, 3:28 AM EDT. SSH Group (ASX:SSH) is making a bold expansion move to enhance its market presence and operational capacity. The company's strategic growth initiatives focus on leveraging new opportunities in its sector. This expansion reflects SSH's commitment to scaling its business and shareholder value. Investors should note that this development is part of SSH's longer-term strategic plan, aiming to strengthen its competitive position in the industry.