Business 24 February 2026 - 26 February 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
Ocado job cuts: 1,000 roles to go in £150m shake-up as shares slide
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Ocado job cuts: 1,000 roles to go in £150m shake-up as shares slide

Ocado Group plans to eliminate around 1,000 positions—just under 5% of its staff worldwide—as the company looks to rein in expenses and stabilize cash flow. The company’s proposal comes as it tries to persuade retailers to embrace its large, robot-operated grocery warehouses. But the strategy has hit turbulence—major North American partners have pulled the plug on multiple locations, raising fresh questions about the pace of growth.
February 26, 2026
Baidu stock drops before the bell after earnings show ads still weak despite AI cloud gains
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Baidu stock drops before the bell after earnings show ads still weak despite AI cloud gains

NEW YORK, Feb 26, 2026, 05:41 — Premarket Baidu shares trading in the U.S. dropped almost 3% before the bell Thursday. The Chinese search giant reported December-quarter revenue down 4%, as AI cloud gains weren’t enough to offset sluggish ad sales. Revenue reached 32.74 billion yuan, just ahead of the 32.62 billion yuan analysts had penciled in. Earnings per ADS hit 10.62 yuan, topping the 9.25 yuan LSEG consensus. The ad division remains under pressure, hampered by soft consumer sentiment and China’s drawn-out property slump, which continue to sap ad budgets.
February 26, 2026
GOOG stock slips after hours as Google tests EU search changes, fine risk in focus
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GOOG stock slips after hours as Google tests EU search changes, fine risk in focus

New York, Feb 25, 2026, 16:52 — After-hours Alphabet Inc’s Class C shares slipped $3.17, or roughly 1%, to $313.03 in Wednesday’s after-hours session, after swinging between $310.02 and $319.27 earlier. According to a source familiar with the matter, Google is preparing to test changes to its search results in Europe, where top-ranked competing “vertical” search providers—think hotel, flight, and restaurant sites—would appear by default, starting with hotel-related searches before moving into flights and others. The European Commission wouldn’t comment. Since 2017, Google has racked up 9.71 billion euros in EU antitrust fines; under the Digital Markets Act, penalties could reach up to 10% of global annual revenue.
February 25, 2026
PayPal stock jumps on Stripe takeover talk — what’s next for PYPL
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PayPal stock jumps on Stripe takeover talk — what’s next for PYPL

NEW YORK, Feb 25, 2026, 05:27 EST — Premarket Shares of PayPal Holdings grabbed attention ahead of the U.S. open Wednesday, following a Bloomberg report that Stripe is mulling a bid for some or all of the payments giant. PayPal surged 6.7% Tuesday, closing at $47.02 after moving between $43.03 and $48.00. Stripe, carrying a valuation near $159 billion, is said to have expressed early-stage interest, but both sides kept quiet on the matter.
February 25, 2026
Meta’s up-to-$60B AMD AI chip deal has investors talking about Nebius stock again
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Meta’s up-to-$60B AMD AI chip deal has investors talking about Nebius stock again

Meta Platforms is snapping up AI chips, fueling a rally in firms powering the technology’s backbone—Nebius Group among them. Shares of Nebius climbed roughly 2.7% Tuesday. Meanwhile, AMD announced it will supply Meta with up to $60 billion in AI chips over five years; the agreement also gives Meta an option to take a stake of up to 10% in the chipmaker. Spending is in focus after Meta told investors it would ramp up capital expenditures this year, chasing what CEO Mark Zuckerberg dubs “personal superintelligence.” The company has already inked capacity deals with outside cloud vendors. Reuters reported in late January that Meta projects 2026 capex between $115 billion and $135 billion. Its CFO flagged lingering capacity constraints for
February 25, 2026
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