Finance 6 March 2026 - 7 March 2026

Ascent Industries Stock Faces a June Test After Russell 3000 Deletion Notice
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Ascent Industries Stock Faces a June Test After Russell 3000 Deletion Notice

FTSE Russell named Ascent Industries Co. for removal from the Russell 3000 Index in its May 29 preliminary deletion list, with changes set to take effect after the U.S. market closes June 26. Ascent shares closed at $13.55 on Friday, down 6.2% from May 22. The company reported a first-quarter net loss of $2.0 million and negative adjusted EBITDA of $1.0 million.
May 31, 2026
Last Week on Brazil’s B3 Stock Exchange: Ibovespa Falls Nearly 5% as War Fears Outrun Petrobras Boost
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Last Week on Brazil’s B3 Stock Exchange: Ibovespa Falls Nearly 5% as War Fears Outrun Petrobras Boost

Brazil’s Ibovespa index closed Friday down 0.61% at 179,364.82, capping a 4.99% weekly loss as conflict in the Middle East pushed oil prices higher and U.S. jobs data disappointed. Petrobras posted a fourth-quarter net profit of 15.6 billion reais and announced 8.1 billion reais in shareholder payouts. Brazil’s 2025 GDP growth slowed to 2.3%, its weakest since 2020. Rate cut hopes dimmed as inflation risks rose.
March 7, 2026
Deutsche Börse Weekly Wrap: DAX Posts Worst Week in a Year as Oil Shock Hits Frankfurt
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Deutsche Börse Weekly Wrap: DAX Posts Worst Week in a Year as Oil Shock Hits Frankfurt

Germany’s DAX index fell 6.7% this week to 23,591.03, its worst weekly drop in a year, as energy prices surged and U.S. jobs data disappointed. Beiersdorf and Adidas shares slumped after profit warnings, while Siemens Energy dropped 6%. Rheinmetall announced plans to expand missile production amid Middle East tensions. STOXX said there will be no changes to the DAX or TecDAX in March.
March 7, 2026
Last Week on Saudi Exchange: TASI claws back to weekly gain as oil rally steadies Saudi stocks
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Last Week on Saudi Exchange: TASI claws back to weekly gain as oil rally steadies Saudi stocks

Saudi Arabia’s Tadawul All Share Index closed Thursday at 10,776.32, up 83.63 points for the day and 0.6% on the week, outperforming Gulf peers as regional tensions lifted oil prices. Trading totaled 5.23 billion riyals with 194 gainers and 62 losers. Al Rajhi Bank rose 1.76%, while Al Moammar Information Systems surged 9.95% on a data-centre deal. TASI remains below its 52-week high but is up 2.72% year-to-date.
March 7, 2026
Bombay Stock Exchange Last Week: Sensex Logs Worst Week in 14 Months as Oil Shock Hits Indian Stocks
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Bombay Stock Exchange Last Week: Sensex Logs Worst Week in 14 Months as Oil Shock Hits Indian Stocks

Mumbai’s Sensex posted its steepest weekly drop in 14 months, falling 2.9% to 78,918.90 as oil prices surged after Iran blocked the Strait of Hormuz. The rupee hit a record low past 92, prompting the RBI to sell an estimated $12 billion to steady the currency. Financials and oil stocks led declines, while 15 of 16 major sectors fell. The Nifty 50 also lost 2.9% for the week.
March 7, 2026
Last Week on Toronto Stock Exchange: TSX Slides 3.7% as Oil Shock Wipes Out Record Run
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Last Week on Toronto Stock Exchange: TSX Slides 3.7% as Oil Shock Wipes Out Record Run

Canada’s S&P/TSX Composite Index fell 1.6% Friday to 33,083.72, ending its worst week in over a month as war-driven oil spikes and inflation fears hit most sectors. The index dropped 3.7% for the week, despite starting with a record high Monday. Oil prices surged after the Strait of Hormuz closed, fueling concerns over inflation and growth. The Canadian dollar rose 0.5% on the week.
March 7, 2026
Last Week on Euronext: CAC 40, AEX and BEL 20 End Lower as Oil Shock Hits Europe
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Last Week on Euronext: CAC 40, AEX and BEL 20 End Lower as Oil Shock Hits Europe

Europe’s STOXX 600 dropped 5.5% for its worst week in nearly a year, with Paris and Frankfurt posting their sharpest declines since April 2025. Euronext data showed the CAC 40 closed Friday at 7,993.49, down 0.65%, while Lisbon’s PSI edged up 0.15%. Oil prices surged over 27% for the week, fuelling concerns about inflation and ECB rate policy. Banks and healthcare stocks fell, while energy and defence shares rose.
March 7, 2026
New York Stock Exchange Last Week: Dow Suffers Worst Week Since April as Oil Shock, Weak Jobs Rattle Stocks
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New York Stock Exchange Last Week: Dow Suffers Worst Week Since April as Oil Shock, Weak Jobs Rattle Stocks

The Dow fell 3.01% last week, its steepest drop since April 2025, as war-driven oil spikes and a surprise U.S. jobs decline rattled Wall Street. Investors pulled $21.92 billion from U.S. equity funds, the largest outflow in eight weeks. Nonfarm payrolls fell by 92,000 in February and unemployment rose to 4.4%. The Cboe Volatility Index closed at its highest since April 2022.
March 7, 2026
Why SailPoint Stock Is Jumping Before Earnings as Wall Street Eyes Identity-Security Demand
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Why SailPoint Stock Is Jumping Before Earnings as Wall Street Eyes Identity-Security Demand

SailPoint shares jumped 9.7% to $15.28 Friday, ahead of its March 18 earnings report. The stock remains below its $23 reopening price from its 2025 market return. Rival Okta this week warned of slowing growth, while analysts remain mixed on SailPoint amid competition and recent product integrations. SailPoint reported $1.04 billion in annual recurring revenue last quarter, up 28% year over year.
March 6, 2026
Why IREN Limited Stock Is Falling After a $6 Billion Share-Sale Plan and Huge Nvidia GPU Order
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Why IREN Limited Stock Is Falling After a $6 Billion Share-Sale Plan and Huge Nvidia GPU Order

IREN shares dropped 8.5% premarket Friday after announcing a $6 billion at-the-market share sale alongside a purchase of over 50,000 Nvidia B300 GPUs. The company plans to install the chips in Canada and Texas by late 2026, boosting its GPU fleet to 150,000. IREN expects the expansion to support $3.7 billion in annualized run-rate revenue. The new share sale replaces a previous $1 billion facility that is now fully used.
March 6, 2026
Opendoor Technologies’ 4.99% Mortgage Bet Puts Turnaround Under Fresh Pressure
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Opendoor Technologies’ 4.99% Mortgage Bet Puts Turnaround Under Fresh Pressure

Opendoor Technologies is piloting 4.99% 30-year fixed mortgages for buyers of its own homes, nearly a full point below the U.S. average, as it resumes direct lending. The offer, announced by CEO Kaz Nejatian, comes with no points and limited availability. Shares dropped 7% after the news but later rebounded. Analysts warn the discount could pressure Opendoor’s margins and balance sheet.
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 will ring Nasdaq’s closing bell Friday as new CEO Jose Luis Crespo marks his first week and highlights 2025 results. The company posted a $1.69 billion net loss for 2025 despite 12.9% revenue growth to $710 million and a positive fourth-quarter gross margin. Shares traded at $2.29 premarket, down 19 cents. Plug ended 2025 with $368.5 million in cash and plans asset sales to fund operations.
March 6, 2026
Tenaya Therapeutics Stock Jumps After $1.13 Billion Alnylam Heart-Disease Deal
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Tenaya Therapeutics Stock Jumps After $1.13 Billion Alnylam Heart-Disease Deal

Tenaya Therapeutics and Alnylam Pharmaceuticals signed a cardiovascular drug target-discovery deal worth up to $1.13 billion, with Tenaya receiving up to $10 million upfront and research reimbursement. Tenaya shares jumped 40.9% to $0.8193 after the March 5 announcement. Alnylam will handle later-stage development and commercialization. Most of the payout depends on future milestones.
March 6, 2026
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Stock Market Today

  • UK Mobile Connectivity Issues Affect 4 in 10 Users, Impacting Productivity
    May 31, 2026, 11:39 AM EDT. A survey reveals that over 40% of UK mobile users struggle to access 4G or 5G signals while on the move, highlighting poor digital infrastructure. Connectivity frustrations are higher among 18-24 year-olds (57%), with 27% also reporting weekly wifi issues at home. The UK slipped to 59th globally in mobile download speeds, down from 51st in 2023. Despite 86% full-fibre broadband coverage, disparities exist between urban and rural areas due to installation costs and infrastructure congestion. Experts warn that inadequate connectivity limits economic growth, particularly in rural sectors. Research suggests improving mobile coverage along railways could boost productivity by nearly £3 billion over ten years. The government aims to enhance digital infrastructure to support broader economic transformation.