Finance 5 March 2026

Galaxy Digital dumps the TSX for Nasdaq-only trading — what changes for GLXY investors
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Galaxy Digital dumps the TSX for Nasdaq-only trading — what changes for GLXY investors

Galaxy Digital will voluntarily delist from the Toronto Stock Exchange on March 19, keeping only its Nasdaq listing. The Canada-based share buyback program will end with the TSX exit, while limited repurchases may continue on Nasdaq. GLXY shares rose about 18% in premarket trading Thursday. The company reported a $482 million net loss in Q4 2025 due to falling crypto prices.
March 5, 2026
Kenvue insiders just disclosed a fresh wave of stock awards — here’s what the filings show
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Kenvue insiders just disclosed a fresh wave of stock awards — here’s what the filings show

Kenvue executives disclosed new restricted stock unit grants in SEC filings, including 127,051 units for its North America chief and 122,286 for its general counsel, vesting from 2027 to 2029. The awards come as Kenvue moves toward a planned takeover by Kimberly-Clark, set to close in late 2026. Kenvue shares closed at $18.19 on March 4. The company faces ongoing Tylenol litigation in Texas.
March 5, 2026
Plug Power stock jumps again as new CEO Crespo steps in and targets 2026 EBITDA
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Plug Power stock jumps again as new CEO Crespo steps in and targets 2026 EBITDA

Plug Power shares surged 11.2% to $2.48 on Wednesday, capping a three-day rally after naming Jose Luis Crespo as CEO and reporting improved margins. Trading volume reached 129 million shares, well above average. The company posted a fourth-quarter gross profit of $5.5 million and swung to a 2.4% gross margin. Analysts remain divided on the stock’s outlook as Plug plans asset sales and aims for positive EBITDAS by end-2026.
March 5, 2026
Affirm shares climb after Stripe adds its buy-now-pay-later option to AI checkout tokens
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Affirm shares climb after Stripe adds its buy-now-pay-later option to AI checkout tokens

Affirm said it will support Stripe’s Shared Payment Tokens, allowing AI shopping agents to offer Affirm’s pay-over-time plans at checkout. Stripe said the system lets agents initiate payments with shopper permission without exposing sensitive credentials. Affirm shares rose about 6% in premarket U.S. trading. The feature will roll out to Stripe’s direct merchants first, then more broadly later this year.
March 5, 2026
Arista Networks stock jumps 8% as CEO talks $10B revenue year and flags chip crunch
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Arista Networks stock jumps 8% as CEO talks $10B revenue year and flags chip crunch

Arista Networks shares jumped 8.2% Wednesday, closing at $134.83, and rose about 1% in early Thursday trading. CEO Jayshree Ullal told a Morgan Stanley conference the company expects to surpass $10 billion in revenue this year, citing a $105 billion market opportunity. Executives warned memory-chip shortages could persist for up to two years. Nvidia was described as both a partner and a competitor in AI networking.
March 5, 2026
Rigetti (RGTI) stock rises after results: $590 mln cash, new quantum milestone, March target
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Rigetti (RGTI) stock rises after results: $590 mln cash, new quantum milestone, March target

Rigetti Computing shares rose 4.7% to $17.76 in premarket trading after reporting 2025 revenue of $7.1 million and a GAAP net loss of $216.2 million. The company cited an $8.4 million India order and $5.7 million in Novera orders as near-term drivers. Cash and investments totaled $589.8 million at year-end. Deployment of a 108-qubit system is expected by the end of March.
March 5, 2026
Broadcom stock jumps after CEO flags $100 billion AI chip revenue in 2027, $10 billion buyback
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Broadcom stock jumps after CEO flags $100 billion AI chip revenue in 2027, $10 billion buyback

Broadcom forecast over $100 billion in annual AI chip revenue for 2027 and projected second-quarter revenue of about $22 billion, above Wall Street estimates. Fiscal first-quarter revenue rose 29% to $19.31 billion, with AI semiconductor revenue reaching $8.4 billion. Shares climbed nearly 5% in after-hours trading. The company approved a new $10 billion share repurchase program through 2026.
March 5, 2026
Diageo shares sink again — but RBC calls the sell-off “overdone” and sticks with a £20 target
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Diageo shares sink again — but RBC calls the sell-off “overdone” and sticks with a £20 target

Diageo shares closed at £15.20 on Wednesday, down nearly 32% from their 52-week high, after cutting its 2026 sales outlook and halving its interim dividend under new CEO Dave Lewis. RBC maintained a Buy/Outperform rating with a 2,000p target, citing potential for sales and cost improvements despite recent investor concerns. The next trading update is scheduled for May 6.
March 5, 2026
Glencore trims Century Aluminum stake below 30% in $327 million share sale
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Glencore trims Century Aluminum stake below 30% in $327 million share sale

Glencore cut its stake in Century Aluminum to 29.99% after selling 6.3 million shares at $51.75 each in a block trade, according to an SEC filing. Century warned it will restate several years of financials due to changes in Jamalco joint venture accounting. Glencore remains Century’s largest shareholder. The sale was valued at about $327 million.
March 5, 2026
BP caught in UK windfall tax limbo as Reeves flags Iran war price spike
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BP caught in UK windfall tax limbo as Reeves flags Iran war price spike

UK finance minister Rachel Reeves said Wednesday that the Middle East conflict has made it harder to predict when Britain will end its windfall tax on North Sea oil and gas profits. BP faces renewed uncertainty as the tax remains in place while energy prices surge. Cornwall Insight forecasts the UK household energy price cap will rise about 10% in July, after gas prices jumped more than 70% in a week. BP shares fell 2.38% in London trading.
March 5, 2026
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Stock Market Today

  • Tesla Stock Rises 28% Amid Competition and Profit Challenges
    May 31, 2026, 10:52 AM EDT. Tesla shares have surged 28% in recent weeks, yet challenges persist. The electric vehicle (EV) maker faces intensifying competition, notably from Chinese rival BYD, which leads in sales volumes. Tesla's automotive revenue grew 16% year-on-year in Q1, but profitability declined sharply from $7.1 billion in 2022 to $3.8 billion in 2023. The company's energy generation and storage segment also saw a 12% revenue decline in the first quarter. Despite these headwinds, Tesla's stock rally may reflect short-term factors, including easing market concerns and recent earnings. Investors should weigh ongoing market risks such as US tariffs, fading tax credits, and global conflicts before considering new positions.