Business 22 February 2026 - 24 February 2026

Meta’s $60bn AMD AI chip pact comes with a stock warrant twist as Nvidia eyes PC CPUs
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Meta’s $60bn AMD AI chip pact comes with a stock warrant twist as Nvidia eyes PC CPUs

Meta Platforms will buy up to $60 billion in AI chips from AMD over five years, with an option to acquire up to 10% of AMD through performance-based warrants, AMD said Tuesday. AMD shares rose over 10% in premarket trading. Initial shipments for Meta’s data centers are expected in late 2026, using custom Instinct GPUs. The deal is tied to Meta’s efforts to diversify chip suppliers for its AI infrastructure.
February 24, 2026
Netflix stock steadies premarket as Paramount lifts Warner bid and Trump heat hangs over NFLX
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Netflix stock steadies premarket as Paramount lifts Warner bid and Trump heat hangs over NFLX

Netflix shares rose 0.4% to $76.33 in premarket trading Tuesday after a 3.4% drop Monday. Paramount Skydance submitted a higher, undisclosed offer for Warner Bros Discovery, challenging Netflix’s $27.75-per-share deal. Political scrutiny increased after Donald Trump called for the removal of Netflix director Susan Rice. UK regulators announced new content rules for streaming platforms including Netflix.
February 24, 2026
Amazon stock slides after $12 billion Louisiana data-center plan as AI spending fears linger
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Amazon stock slides after $12 billion Louisiana data-center plan as AI spending fears linger

Amazon shares fell 2.3% to $205.27 after the company announced a $12 billion data-center project in Louisiana, part of a 2026 capital spending plan expected to reach $200 billion. The stock is down 9.4% this year. Investors await Nvidia’s earnings Wednesday for signals on AI infrastructure demand. Amazon said the Louisiana buildout will create 540 full-time jobs and fund $400 million for local water infrastructure.
February 24, 2026
B2Gold stock price in focus: CEO Johnson to retire, CFO Cinnamond tapped; BTG slips premarket
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B2Gold stock price in focus: CEO Johnson to retire, CFO Cinnamond tapped; BTG slips premarket

B2Gold shares fell about 2% in premarket trading after the company announced founder and CEO Clive Johnson will retire in June, with CFO Mike Cinnamond set to take over. The leadership change comes as gold prices slipped over 1% Tuesday, pressuring mining stocks. Board chair Kelvin Dushnisky became executive chair last week. B2Gold expects 2026 gold output of 820,000 to 970,000 ounces.
February 24, 2026
Figma stock price drops 5% and slips after-hours as insider sales surface; AI credits in focus
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Figma stock price drops 5% and slips after-hours as insider sales surface; AI credits in focus

Figma shares fell 5.1% to $24.75 Monday and slipped another 0.3% after hours, with volume more than doubling the average. SEC filings showed stock sales by the chief accounting officer and general counsel under pre-set trading plans. The drop followed a broader selloff in software stocks and investor focus on Figma’s upcoming AI pricing changes in March. The stock is down about 80% since its July 2025 IPO.
February 24, 2026
Shopify stock slides 7% after hours as tariff turmoil and AI fears batter tech
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Shopify stock slides 7% after hours as tariff turmoil and AI fears batter tech

Shopify shares fell about 7% to $117.28 in after-hours trading Monday, extending a sharp drop as software stocks slumped and investors reacted to tariff uncertainty and AI disruption fears. Roughly $223 billion was erased from software sector value, with the iShares Expanded Tech-Software ETF down 4.75%. Shopify recently announced a $2 billion buyback and flagged lower free cash flow margins.
February 23, 2026
GE Aerospace stock (GE) slips after hours despite $12.4M U.S. Air Force engine award with Kratos
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GE Aerospace stock (GE) slips after hours despite $12.4M U.S. Air Force engine award with Kratos

GE Aerospace shares fell 1.2% to about $339 in after-hours trading after announcing a $12.4 million U.S. Air Force contract with Kratos to design a jet engine for collaborative combat aircraft. The drop came as broader markets slid on new U.S. tariffs. Kratos shares also declined, down 1.8%. GE Aerospace’s next earnings update is set for April 21.
February 23, 2026
DoorDash stock drops more than 5% as AI ‘agent’ memo rattles delivery apps
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DoorDash stock drops more than 5% as AI ‘agent’ memo rattles delivery apps

DoorDash shares fell 5.4% to $166.79 Monday after a research note warned AI agents could erode its fee advantage, calling the company “the poster child” for disruption. Uber dropped 3.7%, Instacart-parent Maplebear 1.4%. DoorDash also suspended service in parts of Connecticut due to a nor’easter. The decline followed a recent upbeat forecast and ongoing investor debate over platform loyalty and logistics.
February 23, 2026
AppLovin stock dives nearly 9% as AI disruption chatter and tariff jitters hit software
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AppLovin stock dives nearly 9% as AI disruption chatter and tariff jitters hit software

AppLovin shares fell 9.2% to $380.23 Monday amid a broader selloff in software stocks after President Trump announced a new 15% global tariff. A bearish AI scenario note from Citrini Research and ongoing SEC scrutiny added pressure. The iShares Expanded Tech-Software ETF dropped about 5%. Investors are watching Nvidia’s earnings Wednesday for further direction.
February 23, 2026
Meta stock slides as Trump’s 15% tariff plan rattles tech — Wells Fargo still raises target
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Meta stock slides as Trump’s 15% tariff plan rattles tech — Wells Fargo still raises target

Meta shares fell 1.5% to $646.05 Monday as tech stocks dropped after President Trump announced a new 15% global tariff. Investors focused on Meta’s rising AI infrastructure costs, with 2026 capital expenditures forecast up to $135 billion. Wells Fargo raised its price target to $856, citing AI compute capacity. Meta also cut most staff stock options by 5% and declared a $0.525 quarterly dividend.
February 23, 2026
Micron stock swings as tariff uncertainty hits chips and Nvidia earnings near
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Micron stock swings as tariff uncertainty hits chips and Nvidia earnings near

Micron shares rose 0.5% to $430.45 after an early drop, as chip stocks reacted to new U.S. tariffs announced by President Trump. Nvidia gained 1.8% while AMD slipped 0.9%. Micron forecast fiscal Q2 revenue of about $18.7 billion and plans a $24 billion NAND plant in Singapore. Traders are watching Nvidia’s Feb. 25 results for signals on AI server demand and memory pricing.
February 23, 2026
Etsy stock holds Friday surge before open as Depop exit and tariff jitters hang over markets
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Etsy stock holds Friday surge before open as Depop exit and tariff jitters hang over markets

Etsy shares were flat in premarket trading Monday at $52.18 after an 8.4% jump Friday, as investors weighed the $1.2 billion Depop sale to eBay and a softer first-quarter outlook. U.S. index futures slipped amid tariff uncertainty following a Supreme Court ruling and new global levies. Etsy reported $881.6 million in quarterly revenue and guided Q1 gross merchandise sales to $2.38–$2.43 billion.
February 23, 2026
Nokia stock climbs in Helsinki after KDDI quantum-safe AI data center demo
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Nokia stock climbs in Helsinki after KDDI quantum-safe AI data center demo

Nokia shares rose 0.5% to 6.43 euros in Helsinki after it announced a quantum-safe optical transport demonstration with KDDI at a Japanese data center. The company used its 1830 Photonic Service Switch to show encryption resistant to quantum attacks. Investors are awaiting Nokia’s annual report in early March and first-quarter results on April 23. Nokia’s ADRs climbed 2.2% in U.S. premarket trading.
February 23, 2026
Palantir stock price on watch: DHS $1 billion purchase agreement report meets insider sale filing before Monday
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Palantir stock price on watch: DHS $1 billion purchase agreement report meets insider sale filing before Monday

Palantir shares closed Friday up 0.26% at $135.24 after a report said the Department of Homeland Security signed a five-year blanket purchase agreement that could allow up to $1 billion in orders. SEC filings showed officer Ryan D. Taylor filed to sell nearly 20,000 shares. The DHS agreement carries no immediate obligations. U.S. markets are closed for the weekend.
February 22, 2026
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Stock Market Today

  • Farmers Oppose Battery Storage Projects on Agricultural Land in Victoria
    May 24, 2026, 6:27 PM EDT. Farmers in Victoria's west Gippsland region are opposing plans to build large battery energy storage systems (BESS) on prime agricultural land. Samsung C&T Renewable Energy Australia, Taiwan-based ZEBRE, and German company ib vogt have applied to develop projects ranging from 200 to 360 megawatts. These batteries store electricity and release it during peak demand but do not generate power. Local farmers like James Faithful cite concerns over loss of productive land, environmental impacts, noise, and visual disruption. Baw Baw Shire Council supports renewable energy but urges the government to avoid siting battery systems on farmland, seeking better policies that balance clean energy with agriculture and community interests.