Business 6 March 2026

LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock
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LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock

LegalZoom.com traded lower in premarket Wednesday, with the stock near $6.53 as investors prepared for the company’s annual meeting. Shares have had trouble translating stronger sales into better numbers on the bottom line. The latest price was off 14.5 cents from Tuesday’s close, giving LegalZoom a market cap near $1.16 billion. The timing sets the scene. U.S. markets are open as usual, and Nasdaq’s 2026 holiday list shows the next full day off is Juneteenth, June 19. LegalZoom’s shareholder meeting is scheduled for later in the day, not on a weekend or holiday.
June 3, 2026
Booking shares jump after OpenAI checkout rethink, but AI pricing questions pile up
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Booking shares jump after OpenAI checkout rethink, but AI pricing questions pile up

Booking Holdings jumped about 8% on Thursday after a report said OpenAI is scaling back plans to build direct bookings into ChatGPT, easing a worry that chatbots could cut out online travel agencies. Expedia gained more than 12% and Tripadvisor rose about 5%. Bernstein analyst Richard Clarke called the development “incrementally positive” for online travel agencies in a note. Why it matters now: investors have been trying to price a fast shift in how people plan trips, with chat-based search and “agent” tools threatening to reroute traffic away from travel apps and the ads that feed them.
March 6, 2026
Netflix Buys Ben Affleck’s AI Startup InterPositive as Hollywood’s AI Race Accelerates
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Netflix Buys Ben Affleck’s AI Startup InterPositive as Hollywood’s AI Race Accelerates

LOS GATOS, Calif., March 6, 2026, 05:34 PST Netflix Inc has acquired InterPositive, the AI film-tech startup launched by Ben Affleck, bringing the streamer further into the nuts and bolts of movie production—not just distribution. Netflix did not reveal what it paid for the deal. Affleck is set to step in as a senior advisor, according to the company.
March 6, 2026
Broadcom stock rises after Q1 earnings, $100 billion AI chip target and OpenAI plan
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Broadcom stock rises after Q1 earnings, $100 billion AI chip target and OpenAI plan

Broadcom Inc projected current-quarter revenue at roughly $22.0 billion and outlined plans for AI chip sales topping $100 billion by 2027. The stock jumped nearly 4.8% early Friday. First-quarter revenue climbed 29% to $19.31 billion. This update carries weight. Broadcom supplies custom AI chips and networking hardware to some of the largest cloud players, so its results are a real-world measure of ongoing AI infrastructure investment. The likes of Alphabet, Microsoft, Amazon, and Meta together are predicted to pour over $600 billion into AI-related infrastructure this year.
March 6, 2026
Plug Power Inc Rings Nasdaq Bell, but New CEO Still Faces a Cash-Burn Test
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Plug Power Inc Rings Nasdaq Bell, but New CEO Still Faces a Cash-Burn Test

Plug Power is set to ring Nasdaq’s closing bell Friday, a move that comes as the company points to a leadership shakeup and steadier operating trends heading into year-end. Shares changed hands at $2.29 as of 6:41 a.m. EST, off 19 cents from Thursday’s close. Timing is key here. Plug Power posted a positive gross margin for the fourth quarter and managed to shrink its cash burn, yet the company ended up posting a $1.69 billion loss in 2025. As for the broader hydrogen sector, project delays, cancellations, and shaky demand haven’t let up.
March 6, 2026
Nvidia halts China H200 chip output as U.S. weighs tougher AI export rules
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Nvidia halts China H200 chip output as U.S. weighs tougher AI export rules

Nvidia has halted output of its H200 AI chips designed for China, rerouting manufacturing at Taiwan Semiconductor Manufacturing Co toward its upcoming Vera Rubin line, according to the Financial Times, which cited two sources familiar with the shift. Reuters was unable to independently confirm the details. TSMC declined comment. Nvidia also did not reply to a request for comment. This shift is significant—U.S. export restrictions have transformed Nvidia's once-simple China sales into a maze of permits and compliance. Product plans keep getting reworked, and now the uncertainty is starting to affect production choices as well, not just the deals with customers.
March 6, 2026
GoDaddy Stock Jumps 5% as Investors Reassess AI Push After Weak 2026 Forecast
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GoDaddy Stock Jumps 5% as Investors Reassess AI Push After Weak 2026 Forecast

GoDaddy finished Thursday’s session up 5.04%, settling at $93.13. This is coming into focus as investors weigh whether GoDaddy’s margins and cash flow are enough to make up for a slowdown in revenue growth, with AI-driven website competition on the rise. Last week, Reuters noted that GoDaddy’s 2026 revenue forecast—$5.20 billion to $5.28 billion—landed just shy of analysts’ $5.29 billion consensus. Rival Wix, meanwhile, is rolling out more AI website-builder features.
March 6, 2026
Expedia Group Stock Jumps as OpenAI Backs Off ChatGPT Bookings, but AI Pricing Probe Adds Risk
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Expedia Group Stock Jumps as OpenAI Backs Off ChatGPT Bookings, but AI Pricing Probe Adds Risk

Shares of Expedia Group, Inc. jumped over 12% Thursday, following a report from The Information that OpenAI is dialing back efforts to introduce direct booking features in ChatGPT. Booking Holdings climbed roughly 8%, with Tripadvisor up 5%. Bernstein analyst Richard Clarke described the news as “incrementally positive” for online travel agencies. Here's why it counts: OTAs — those online travel agencies — stand between travelers and suppliers like hotels or airlines. OpenAI started leaning further into commerce with Instant Checkout for certain U.S. shopping queries in September 2025. The following month, it introduced apps inside ChatGPT, naming Expedia and Booking.com as two of its initial partners.
March 6, 2026
Sable Offshore Corp shares jump as Trump weighs emergency powers for stalled California oil restart
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Sable Offshore Corp shares jump as Trump weighs emergency powers for stalled California oil restart

Interior Secretary Doug Burgum on Thursday said the Trump administration is weighing emergency powers as a workaround for Sable Offshore Corp, aiming to sidestep California’s permitting snags that have blocked its oil output. The Houston-based firm’s stock surged 37.3% to end the day at $13.85. Sable is feeling the pressure. Last week, the company said it brought the Santa Ynez Unit back online in May 2025, but commercial oil sales remain suspended. Crude keeps piling up at Las Flores Canyon, with no pipeline or tanker access in sight. Short-term debt stacked up to $921.6 million by the end of 2025, with cash reserves at $97.7 million.
March 6, 2026
GE Aerospace CEO Larry Culp gets new stock options as shares slide premarket
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GE Aerospace CEO Larry Culp gets new stock options as shares slide premarket

GE Aerospace CEO Larry Culp landed fresh equity awards this week, according to a U.S. regulatory filing, while shares of the jet-engine maker slipped in premarket trade. When a stock swings hard, insider trades often get a closer look—even if they’re just routine moves linked to compensation plans, not someone making a personal bet. That’s the backdrop for GE Aerospace, as airlines and manufacturers wrangle over a tight supply of parts and engine repair slots.
March 6, 2026
Glencore plc Moves to Back $1.4 Billion ERG Stake Bid as Kazzinc Talks Advance
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Glencore plc Moves to Back $1.4 Billion ERG Stake Bid as Kazzinc Talks Advance

Glencore plc is looking to throw its weight behind Shakhmurat Mutalip’s $1.4 billion offer for 40% of Eurasian Resources Group, according to the Financial Times. Reuters reports the deal features an $800 million upfront payment, which is linked to future ferrochrome deliveries—a key input for steel. Both Glencore and ERG declined to comment, Reuters added. The timing here is key. Last month, Rio Tinto ended merger discussions, and soon after, Reuters reported Glencore was likely to turn its attention to asset disposals to sharpen its copper focus. Aberdeen’s Iain Pyle suggested Glencore might "sell off assets individually," while Ninety One’s George Cheveley pointed to a chance to "tidy up" the portfolio and "release value."
March 6, 2026
Rolls-Royce CEO pay plan put to shareholders after turnaround, with package topping £18 million
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Rolls-Royce CEO pay plan put to shareholders after turnaround, with package topping £18 million

Rolls-Royce Holdings disclosed that under its proposed pay policy, chief executive Tufan Erginbilgic could take home as much as 18.459 million pounds in 2026—assuming top-end performance targets are reached. That’s from the company’s latest remuneration filings. Timing is key here: Rolls-Royce’s new pay policy goes to a shareholder vote at the April 30 annual general meeting, following a sharp run-up in the share price and amid a wider trend among some UK blue chips to lift executive pay caps.
March 6, 2026
Coles Group Ltd Faces Fresh Pricing Scrutiny as Digital Shelf-Label Trial Raises Dynamic Pricing Questions
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Coles Group Ltd Faces Fresh Pricing Scrutiny as Digital Shelf-Label Trial Raises Dynamic Pricing Questions

Coles Group Ltd faces renewed questions about its plans for digital shelf labels, after telling Inside Retail on Thursday that the system is still being tested at 11 sites and hasn’t expanded further yet. The company stopped short of committing to steer clear of dynamic pricing should the labels go nationwide, according to the trade outlet. It’s suddenly relevant: electronic shelf labels—those small digital screens replacing paper tags—give retailers the power to update prices in real time. Allan Fels, former ACCC chair, told ABC News this could “open the door to personalised pricing.” Chad Gates, who runs pricing software group Pronto Software, warned that shoppers might push back if they start to feel “manipulated”.
March 6, 2026
DroneShield Flags Staff Selling After 1.3 Million New Shares Hit ASX
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DroneShield Flags Staff Selling After 1.3 Million New Shares Hit ASX

DroneShield wants the ASX to list 1.335 million fresh ordinary shares after staff took up performance options. The Sydney defence tech company noted that some employees might cash out. Issued at zero cost, these shares vested back in November and January. Total ordinary shares now stand at 922.2 million. The filing’s back in focus, stirring up old concerns over stock supply and corporate oversight at a company still patching up trust after last year’s insider sales. On Feb. 25, DroneShield’s board pointed to an independent review that brought in the so-called “front page test” for trades, stretched out blackout periods, and imposed minimum holding requirements for directors and top execs. Reuters previously reported that executives had sold roughly A$70 million
March 6, 2026
Ampol Limited Faces Fresh Scrutiny as ACCC Warns on Petrol Pricing, EG Australia Decision Nears
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Ampol Limited Faces Fresh Scrutiny as ACCC Warns on Petrol Pricing, EG Australia Decision Nears

Ampol Ltd, Australia’s top fuel retailer, landed back in the spotlight Friday as the Australian Competition and Consumer Commission confirmed it had sent letters to leading fuel firms about local pricing. Oil and refined fuel benchmarks have spiked on Middle East conflict. For Ampol, the scrutiny comes as it continues to push for approval of its planned EG Australia takeover. Brent crude is headed for a 16.4% weekly surge—the sharpest since 2022—while the ACCC flagged a steep climb in both crude and Mogas 95, the Singapore price marker for wholesale Australian petrol, over the past week. For Ampol, with roughly 3 million customers each week, a quick price spike at the pump risks public backlash and tighter regulatory watch.
March 6, 2026
CSL Limited Wins Canada Pandemic Vaccine Contract as Buyback Tops 4 Million Shares
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CSL Limited Wins Canada Pandemic Vaccine Contract as Buyback Tops 4 Million Shares

CSL Ltd's vaccine business, Seqirus, has locked in a Canadian government contract to deliver up to 15 million pandemic influenza vaccine doses from its Victoria site if a flu pandemic is declared by the World Health Organization. This marks the first supply deal for CSL’s new Tullamarine facility outside the Asia-Pacific region, the company noted. Timing counts here. CSL badly needed some positive news, coming off an eight-year share price low last month after the biotech logged an 81% plunge in half-year profit and unexpectedly swapped out its chief executive. For Seqirus, the deal lands as a rare export win not long after CSL abandoned plans to spin off the vaccines unit, following a decline in U.S. flu vaccine uptake.
March 6, 2026
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