Finance 6 March 2026 - 7 March 2026

Salesforce Stock Near 52-Week Low as AI Fears Drown Out Agentforce Growth

Salesforce Stock Near 52-Week Low as AI Fears Drown Out Agentforce Growth

Salesforce shares fell 4.1% to $169.15 midday Thursday, nearing a 52-week low, as software stocks declined despite the company’s record quarterly revenue and expanded buyback. The drop followed news that Anthropic restricted access to its AI model after finding cybersecurity flaws, fueling concerns about software vulnerability. Salesforce’s fiscal 2027 revenue forecast missed Wall Street’s midpoint estimates.
April 9, 2026
Why SailPoint Stock Is Jumping Before Earnings as Wall Street Eyes Identity-Security Demand

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

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

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

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

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
Teva CEO’s $14.3 Million Tax-Linked Share Sale Lands as Piper Turns More Bullish

Teva CEO’s $14.3 Million Tax-Linked Share Sale Lands as Piper Turns More Bullish

Teva CEO Richard Francis sold 442,935 shares for about $14.3 million to cover tax withholding on vested stock awards, a U.S. filing showed. Piper Sandler raised its price target on Teva to $41 after meeting management and kept an overweight rating. Teva is seeking to offset over $1 billion in expected 2026 generic Revlimid sales erosion with branded drugs and a Blackstone-backed bowel disease program.
March 6, 2026
Gap Inc shares slide after tariff warning, Athleta slump clouds 2026 outlook

Gap Inc shares slide after tariff warning, Athleta slump clouds 2026 outlook

Gap warned U.S. tariffs will cut profit this quarter and issued a 2026 earnings forecast below Wall Street expectations, sending shares down 7% after reporting fourth-quarter results. Net sales rose 2% to $4.2 billion, but gross margin fell 0.8 percentage point to 38.1% due to tariffs. Athleta sales dropped 11%, while Old Navy and Gap brand sales increased. Gap approved a $1 billion share buyback and raised its dividend.
March 6, 2026
Standard Chartered PLC Wins TP ICAP Digital-Asset Custody Role, Adds Ex-JPMorgan Payments Executive

Standard Chartered PLC Wins TP ICAP Digital-Asset Custody Role, Adds Ex-JPMorgan Payments Executive

Standard Chartered will provide digital-asset custody and settlement for TP ICAP’s Fusion Digital Assets as the platform adopts a matched-principal trading model this month. The bank also hired former JPMorgan Kinexys executive Naveen Mallela to lead payments. U.S. and UK regulators have recently signaled support for tokenised finance, including digital government bond pilots and relaxed capital rules.
March 6, 2026
Glencore plc Moves to Back $1.4 Billion ERG Stake Bid as Kazzinc Talks Advance

Glencore plc Moves to Back $1.4 Billion ERG Stake Bid as Kazzinc Talks Advance

Glencore is backing Shakhmurat Mutalip’s $1.4 billion bid for a 40% stake in Eurasian Resources Group, according to the Financial Times. The package includes an $800 million upfront payment linked to future ferrochrome shipments. Mutalip is also in talks to buy Glencore’s 70% stake in Kazzinc for about $3.5 billion. Any ERG deal requires unanimous shareholder and Kazakh government approval.
March 6, 2026
NatWest snaps up nearly 892,000 shares in fresh buyback as capital returns roll on

NatWest snaps up nearly 892,000 shares in fresh buyback as capital returns roll on

NatWest bought back 891,842 shares on March 5 as part of its ongoing repurchase programme and plans to cancel them, reducing shares in circulation. The bank reported a 24% rise in 2025 pretax profit last month and is expanding into wealth management with the £2.7 billion Evelyn Partners deal. The March 5 buybacks were executed via UBS at average prices around 592–593 pence per share.
March 6, 2026
Lloyds Banking Group plc leads race for Aegon UK business as wealth push accelerates, report says

Lloyds Banking Group plc leads race for Aegon UK business as wealth push accelerates, report says

Lloyds Banking Group is leading the auction for Aegon’s UK business, valued at £1–1.5 billion, with final bids due next month and an announcement possible in April, Financial News reported. Phoenix and Canada Life remain contenders. Aegon’s UK arm serves about 3.7 million customers and manages £220 billion in assets. No final decisions have been made, and Aegon has not detailed the scope of any sale.
March 6, 2026
London Stock Exchange Group Strikes ASX Deal as £3 Billion Buyback Gets Under Way

London Stock Exchange Group Strikes ASX Deal as £3 Billion Buyback Gets Under Way

London Stock Exchange Group will supply a high-speed trading system to overhaul Australia’s ASX 24 futures and options market, the companies announced Wednesday. The deal follows LSEG’s record £3 billion buyback and comes as investors demand growth beyond cash returns. ASX is under regulatory scrutiny after system outages and delays. LSEG expects its Markets division income to rise 6.5% to 7.5% in 2026.
March 6, 2026
Barclays PLC’s £495 Million MFS Exposure Puts Private-Credit Risks Back in Focus

Barclays PLC’s £495 Million MFS Exposure Puts Private-Credit Risks Back in Focus

Barclays PLC is owed about £495 million after the collapse of mortgage lender Market Financial Solutions, down from an earlier estimate of £600 million. Administrators warned of a possible £930 million collateral shortfall, with some assets potentially pledged multiple times. Santander and Jefferies also face exposure. Barclays declined to comment on its current risk.
March 6, 2026
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