Finance 4 March 2026

Ferrovial Traders Wait as Monday Brings Nasdaq-100 Test
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Ferrovial Traders Wait as Monday Brings Nasdaq-100 Test

Ferrovial closed Friday at 58.70 euros in Madrid, up 0.55%, with trading volume nearly double the 20-session average. Citi downgraded the stock to Neutral, citing valuation concerns after a recent rally. The company repurchased 368,000 shares last week and is offering a 400 million euro scrip dividend, with the choice window closing June 2. First-quarter adjusted EBITDA rose 15% to 321 million euros.
May 31, 2026
Battalion Oil Corporation taps new investor for $15 million at $5.50 as BATL stock swings
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Battalion Oil Corporation taps new investor for $15 million at $5.50 as BATL stock swings

Battalion Oil Corporation said it will raise about $15 million in a private placement at $5.50 per share, with net proceeds of $14.1 million expected. The unnamed institutional investor deal is set to close March 4. Shares surged to $29.70 Tuesday before falling 33% to $18.58 Wednesday. The company recently sold West Quito Draw assets for $60.1 million.
March 4, 2026
Ross Stores (ROST) stock jumps nearly 7% as spring outlook, buyback plan draw buyers
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Ross Stores (ROST) stock jumps nearly 7% as spring outlook, buyback plan draw buyers

Ross Stores shares rose 6.9% to $211.35 Wednesday after reporting fourth-quarter sales up 12% to $6.6 billion and earnings per share of $2.00, both above guidance. Comparable store sales climbed 9%, and the company launched a $2.55 billion share buyback and raised its dividend. Executives cited strong traffic and broad gains across categories. Ross forecast 7%–8% comparable growth for the current quarter ending May 2.
March 4, 2026
Western Digital stock jumps as CEO flags hyperscaler orders through 2028
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Western Digital stock jumps as CEO flags hyperscaler orders through 2028

Western Digital shares jumped 6.3% to $266.36 Wednesday afternoon, rebounding with storage peers after executives cited longer cloud customer order commitments and a firmer price outlook. CEO Irving Tan said top hyperscale clients have placed orders through 2028. Traders are watching Friday’s U.S. jobs report and the Fed’s March meeting for signals on rates and risk appetite.
March 4, 2026
ServiceNow stock rises as CEO share-buy filing lands and Morgan Stanley chat nears
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ServiceNow stock rises as CEO share-buy filing lands and Morgan Stanley chat nears

ServiceNow shares climbed 1.3% to $114.66 Wednesday afternoon, rebounding after weeks of losses but still 46% below last July’s high. CEO William McDermott bought nearly $3 million in shares last week, according to an SEC filing. The company recently expanded its buyback authorization by $5 billion. McDermott is scheduled to speak at a Morgan Stanley conference later Wednesday.
March 4, 2026
AST SpaceMobile stock jumps after Telus signs Canada satellite-to-phone deal, takes equity stake
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AST SpaceMobile stock jumps after Telus signs Canada satellite-to-phone deal, takes equity stake

TELUS will take an equity stake in AST SpaceMobile and invest in ground infrastructure to support satellite-to-phone service across Canada, the companies said Wednesday. AST shares rose about 12% after the announcement. Service is planned for late 2026 using standard smartphones and low-Earth-orbit satellites. AST reported Q4 revenue of $54.3 million and a net loss of $74 million.
March 4, 2026
Salesforce stock price slips as Formula 1 AI tie-up lands and buyback doubts linger
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Salesforce stock price slips as Formula 1 AI tie-up lands and buyback doubts linger

Salesforce shares fell 0.2% to $195.73 in early afternoon trading Wednesday, tracking weakness across the software sector as investors weigh AI’s impact on subscription models. The company launched an AI-powered “fan companion” for Formula 1 and expanded its buyback program by $30 billion. U.S. private payrolls rose by 63,000 in February, ahead of Friday’s official jobs report. The Fed is expected to hold rates at its March meeting.
March 4, 2026
Mortgage rates today hold near 6% as refi demand jumps; Rocket stock slips in US trade
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Mortgage rates today hold near 6% as refi demand jumps; Rocket stock slips in US trade

U.S. mortgage applications rose 11% last week, driven by a 14.3% jump in refinancing as 30-year fixed rates held at 6.09%, the Mortgage Bankers Association said. Mortgage News Daily reported the top-tier 30-year rate at 6.07%. Housing stocks fell, with Rocket Companies down 0.8%. Treasury yields firmed after strong service-sector data, while Fed officials warned of persistent inflation risks.
March 4, 2026
Nvidia stock rises as AI chip shares bounce; Broadcom earnings and jobs data next
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Nvidia stock rises as AI chip shares bounce; Broadcom earnings and jobs data next

Nvidia shares rose 1.5% to $182.77 after announcing a $4 billion investment in photonics suppliers, lifting other AI-linked chip stocks mid-session. Advanced Micro Devices gained 4.8%, Broadcom added 2.4%, and Super Micro Computer climbed 5.9%. Investors await Broadcom’s earnings after the close and Friday’s U.S. jobs report for further direction. Goldman Sachs flagged near-term correction risks for global equities.
March 4, 2026
Bitcoin price jumps back above $73,000 as ETF inflows return and Iran war headlines drive swings
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Bitcoin price jumps back above $73,000 as ETF inflows return and Iran war headlines drive swings

Bitcoin rose above $73,000 on Wednesday, gaining 7.3% to $73,294 after volatile trading. Ether climbed 8.5% to $2,151. U.S. spot bitcoin ETFs saw net inflows of $458.2 million and $225.2 million on March 2 and 3, led by BlackRock’s IBIT. U.S. stocks rebounded after reports of Iranian outreach to the U.S. amid ongoing conflict and oil market jitters.
March 4, 2026
Gold price today: Bullion rebounds after Tuesday rout as Iran war keeps haven bid alive
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Gold price today: Bullion rebounds after Tuesday rout as Iran war keeps haven bid alive

Gold rose 1.2% to $5,146.76 an ounce Wednesday, rebounding from Tuesday’s sharp drop as Middle East tensions and a weaker dollar spurred safe-haven demand. U.S. private payrolls beat forecasts, but traders remained cautious ahead of Friday’s jobs report. Gold-linked ETFs and miners traded mixed. Platinum is set for a fourth annual deficit in 2026, the World Platinum Investment Council said.
March 4, 2026
Corning CFO flags $24 billion 2028 sales run rate as AI data-center fiber push accelerates
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Corning CFO flags $24 billion 2028 sales run rate as AI data-center fiber push accelerates

Corning CFO Edward Schlesinger said the company is targeting a $24 billion annual revenue run rate by 2028, driven by increased investment in optical communications for data centers. He highlighted a multiyear agreement with Meta worth up to $6 billion and ongoing manufacturing expansion in North Carolina. Solar remains a secondary growth area, with profitability expected before 2028. Corning shares fell 0.8% Tuesday.
March 4, 2026
Palantir stock price rises as Rosenblatt lifts target and Thiel sale plan looms
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Palantir stock price rises as Rosenblatt lifts target and Thiel sale plan looms

Palantir shares rose 3% Wednesday to $151.58 after Rosenblatt raised its price target, citing wartime demand. President Trump announced a federal ban on Anthropic’s Claude tools, with Defense Secretary Hegseth barring military contractors from using them. The Washington Post reported Palantir’s Maven system uses Claude for targeting in Iran. Co-founder Peter Thiel filed to sell up to 2 million shares.
March 4, 2026
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Stock Market Today

  • Lloyds Banking Group Shares Poised for 15% Growth in June, Analysts Say
    May 31, 2026, 9:30 AM EDT. Analysts forecast Lloyds Banking Group (LSE: LLOY) shares to rise around 15% from current levels, with an average price target of 115p. The stock has already surged 32% in 12 months and 103% over five years. Lloyds' 2026 guidance includes net interest income exceeding £14.9 billion, a cost-to-income ratio under 50%, and a return on tangible equity above 16%, underpinning its valuation around a forward price-to-earnings ratio of 10. Market watchers await the bank's first-half earnings update on July 30, which may catalyse further movement. Additionally, Lloyds' planned expansion into U.S. infrastructure and data centre investments, tied to artificial intelligence trends, has sparked investor interest, potentially boosting share prices in the near term.