Finance 4 March 2026

AST SpaceMobile (ASTS) stock jumps on Telus equity stake in Canada satellite-to-phone plan

AST SpaceMobile (ASTS) stock jumps on Telus equity stake in Canada satellite-to-phone plan

AST SpaceMobile shares rose 13% Wednesday after Telus announced it will take an equity stake and invest in ground infrastructure to support satellite-to-phone coverage in Canada. Telus plans to offer satellite-powered mobile services in remote areas by late 2026. AST also signed a partnership with AXIAN Telecom to launch direct-to-device service in Africa, pending regulatory approval. AST’s market value reached about $17.6 billion.
March 5, 2026
Salesforce stock price slips as Formula 1 AI tie-up lands and buyback doubts linger

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

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

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

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

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

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

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
Amazon stock jumps nearly 3% as AWS data-center spending and power costs return to the fore

Amazon stock jumps nearly 3% as AWS data-center spending and power costs return to the fore

Amazon shares rose 2.9% to $214.72 in morning trading Wednesday after the company announced a $21 billion data center investment in Spain and a $427 million campus purchase in Virginia. Amazon will join other tech firms in signing a White House “Ratepayer Protection Pledge” as data-center energy demand grows. The stock rebounded after falling last month on a $200 billion capital spending forecast for 2026.
March 4, 2026
Select Medical (SEM) take-private deal: $16.50 cash offer, $3.9B value, and the financing behind it

Select Medical (SEM) take-private deal: $16.50 cash offer, $3.9B value, and the financing behind it

Select Medical agreed to be taken private for $16.50 per share in cash, valuing the company at $3.9 billion. The buyer group secured $880 million in equity and up to $1 billion in debt financing, SEC filings showed. The deal requires approval from non-insider shareholders and U.S. regulators, with a Dec. 1, 2026 outside date. Select operates hospitals and clinics in dozens of states.
March 4, 2026
Bradesco sets March 31 vote on Bradseg spin-off in Bradsaúde healthcare push

Bradesco sets March 31 vote on Bradseg spin-off in Bradsaúde healthcare push

Bradesco filed a distance voting ballot for a March 31 shareholders’ meeting to seek approval for a partial spin-off of Bradseg Participações. The move is part of a plan to transfer health assets into Odontoprev, which would become Bradsaúde. Bradesco’s New York-listed shares fell 6.6% after the filing. Shareholder approval and regulatory clearance are still required.
March 4, 2026
Vale speeds up Base Metals IPO prep as CEO targets mid-2026 readiness

Vale speeds up Base Metals IPO prep as CEO targets mid-2026 readiness

Vale Base Metals aims to be ready for a potential IPO by mid-2026, moving up its target from 2027, CEO Shaun Usmar said Tuesday. The unit has cut costs, accelerated projects, and recently agreed to sell most of its stake in Manitoba’s Thompson Nickel Belt mine. Vale completed a $2.5 billion sale of a 10% stake in the unit to Manara Minerals in 2024. Copper prices have surged 36% in the past year, outpacing nickel.
March 4, 2026
AES Corporation buyout: BlackRock’s GIP and EQT seal $33.4 billion take-private deal

AES Corporation buyout: BlackRock’s GIP and EQT seal $33.4 billion take-private deal

AES will be acquired for $15 per share in cash by a consortium led by BlackRock’s Global Infrastructure Partners and EQT, valuing the deal at about $33.4 billion including debt. The transaction would take AES off the NYSE and is expected to close in late 2026 or early 2027, pending shareholder and regulatory approvals. AES shares fell after the offer came in below the prior closing price.
March 4, 2026
MARA Holdings stock slides as SEC filing opens door to selling bitcoin stash

MARA Holdings stock slides as SEC filing opens door to selling bitcoin stash

MARA shares fell about 8% Wednesday after the company expanded its policy to allow sales of existing bitcoin holdings, not just newly mined coins. The miner held about 53,822 bitcoin at the end of 2025, valued near $4.7 billion. Clear Street cut its price target to $9 from $16, citing a lower EBITDA outlook. Rival miners Riot Platforms and Core Scientific also dropped around 7%.
March 4, 2026