Finance 22 March 2026 - 24 March 2026

Wintergreen Acquisition Shares Stay Near Highs As KIKA Deal Looms
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Wintergreen Acquisition Shares Stay Near Highs As KIKA Deal Looms

Wintergreen Acquisition Corp. closed at $10.35 on light volume Friday, with its stock trading on the pending merger with KIKA Technology. KIKA holders are set to receive about 7.98 million shares, valuing the target at $80 million. Investors await updates on proxy, vote, and redemption tied to the SPAC deal next week. The company reported $57.9 million in trust assets as of March 31.
June 1, 2026
Why MARA Stock Is Swinging Again as Bitcoin Rebounds and Its AI Data Center Pivot Faces Scrutiny
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Why MARA Stock Is Swinging Again as Bitcoin Rebounds and Its AI Data Center Pivot Faces Scrutiny

MARA Holdings shares rose to $8.91 Monday as bitcoin climbed 4.5% to $70,929. Investors remain divided over MARA’s plan to shift from bitcoin mining to AI data centers, raising questions about future bitcoin sales. The company ended 2025 with $5.3 billion in cash and bitcoin, but reported a $1.7 billion net loss for the fourth quarter. MARA recently acquired a stake in Exaion and launched a data center venture with Starwood.
March 23, 2026
Dow Jumps 631 Points, Oil Falls Below $100 as Trump’s Iran Talk Claim Revives Wall Street’s TACO Trade
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Dow Jumps 631 Points, Oil Falls Below $100 as Trump’s Iran Talk Claim Revives Wall Street’s TACO Trade

The Dow Jones closed up 631 points Monday and Brent crude fell below $100 after President Trump announced a five-day delay in strikes on Iran, citing “productive” talks. Tehran denied any negotiations, calling Trump’s claim “fake news.” European and U.S. stocks rallied, while oil majors fell. Investors cited relief over a possible pause in conflict near the Strait of Hormuz.
March 23, 2026
Goldman Sachs Raises Brent, WTI Oil Forecasts Despite 11% Oil Drop on Iran Talk Hopes
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Goldman Sachs Raises Brent, WTI Oil Forecasts Despite 11% Oil Drop on Iran Talk Hopes

Goldman Sachs raised its 2026 Brent crude forecast to $85 a barrel, citing ongoing disruption in the Strait of Hormuz and increased stockpiling. The bank warned oil could briefly hit $135 if Hormuz flows remain blocked for 10 weeks. Brent fell 10.9% to $99.94 after President Trump postponed strikes on Iran, but executives said risks remain. Iran denied any talks with the U.S.
March 23, 2026
Shell and BP Looked Like the FTSE 100’s Only Clear Oil Bets. Then Brent Fell Below $100
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Shell and BP Looked Like the FTSE 100’s Only Clear Oil Bets. Then Brent Fell Below $100

Shell shares fell 4.2% and BP dropped 2.2% Monday as Brent crude settled just below $100 after President Trump delayed strikes on Iranian power plants. The FTSE 100 closed down 0.2%. Brent had spiked to $119 last week after Iran struck Qatar’s Ras Laffan LNG complex. UK government officials met as gilt yields hit their highest since 2008 and investors trimmed interest rate hike expectations.
March 23, 2026
ASX Falls, Fuel Security Fears Grip Australia as Iran Threats Whipsaw Oil and Stocks
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ASX Falls, Fuel Security Fears Grip Australia as Iran Threats Whipsaw Oil and Stocks

Australian stocks fell sharply Monday as the Iran war disrupted energy markets and triggered renewed concerns over fuel security. Energy Minister Chris Bowen said six fuel cargoes to Australia had been cancelled or delayed, though some were replaced. The ASX 200 closed down 0.7% after earlier losses of nearly 2%. Brent crude ended down 10.9% after President Trump paused planned strikes on Iran.
March 23, 2026
AI Simulations Are Reshaping Renewable Power Output — and Energy Stocks Are Taking Notice
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AI Simulations Are Reshaping Renewable Power Output — and Energy Stocks Are Taking Notice

Hitachi Energy launched its HMAX Energy suite for utilities and data centers as Nvidia and Emerald AI announced partnerships with major U.S. power firms to develop AI-driven data centers. At CERAWeek, Google warned U.S. energy supply may lag as data centers could reach 9% of U.S. electricity use by 2030. Siemens and Nvidia are expanding digital twin tools for grid and renewable optimization. Shares of Nvidia, NextEra, Vistra, and Constellation rose.
March 23, 2026
AI’s Energy Appetite Puts Data Center Power Demand, Utility Stocks in Focus
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AI’s Energy Appetite Puts Data Center Power Demand, Utility Stocks in Focus

Nvidia and Emerald AI announced partnerships with major U.S. power companies to develop AI data centers that can adjust electricity use during grid stress, aiming to ease power constraints. U.S. electricity demand is projected to rise 1.9% in 2026 and 2.5% in 2027, with Texas and the Mid-Atlantic seeing the fastest growth. Nvidia shares rose 2.4% after the news. North American solar and wind contract prices climbed 9% year-on-year.
March 23, 2026
PLS Group Stock Price Today: Why ASX Lithium Bellwether PLS Heads Into Monday on Shaky Ground
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PLS Group Stock Price Today: Why ASX Lithium Bellwether PLS Heads Into Monday on Shaky Ground

PLS Group Limited closed at A$4.23 in Sydney, down 13.5% over five sessions despite a 2.4% rebound Friday. The lithium miner reported first-half revenue up 47% to A$624 million and EBITDA up 241% to A$253 million. PLS holds key assets in Australia, Brazil, and South Korea, and recently secured a US$100 million prepayment offtake deal. Broader market volatility and commodity swings continue to weigh on the stock.
March 22, 2026
ANZ Group Holdings Stock Price Falls to A$36.60 as Fresh Rate Hike Hits Big Banks
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ANZ Group Holdings Stock Price Falls to A$36.60 as Fresh Rate Hike Hits Big Banks

ANZ Group Holdings shares closed down 1.13% at A$36.60 Friday, with A$407.4 million traded, as Australian bank stocks broadly declined. The drop follows the Reserve Bank of Australia’s rate hike to 4.1% and ANZ’s move to raise variable home loan rates by 0.25 percentage point from March 27. Consumer confidence fell to its lowest since March 2020, while inflation expectations climbed to 6.7%.
March 22, 2026
Santos Share Price in Focus After Australia Flags Windfall Gas Tax as Oil Jumps
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Santos Share Price in Focus After Australia Flags Windfall Gas Tax as Oil Jumps

Santos closed down 0.5% at A$7.98 on March 20 after reports Prime Minister Anthony Albanese asked Treasury to model a windfall gas profits tax. LNG prices have doubled since February amid Middle East tensions, with Australia exporting A$65 billion of LNG last year. The Petroleum Resources Rent Tax is under renewed scrutiny ahead of the May budget. Brent crude rose 3.26% to $112.19 a barrel Friday.
March 22, 2026
Northern Star Resources Share Price Extends Slide as Output Warning and Gold Drop Bite
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Northern Star Resources Share Price Extends Slide as Output Warning and Gold Drop Bite

Northern Star Resources shares fell 2.43% to A$18.50 Friday after another production warning and a 1.8% drop in spot gold to $4,563.64 an ounce. The company now expects fiscal 2026 output just above 1.5 million ounces, down from earlier guidance. Operations remain dependent on the old KCGM mill until expansion in early fiscal 2027. Investors await the next update on April 22.
March 22, 2026
Australia Stock Market Week Ahead: ASX 200 Braces for CPI Test as Oil Shock Deepens
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Australia Stock Market Week Ahead: ASX 200 Braces for CPI Test as Oil Shock Deepens

The S&P/ASX 200 closed Friday at 8,428.4 as Brent crude hit $112.19 a barrel, its highest since July 2022. Rio Tinto shut two Queensland bauxite mines due to Cyclone Narelle, sending its stock down as much as 4%. Australia faces fuel supply strain after six Asian shipments were cancelled, leaving 38 days of petrol in stock. The February CPI lands Wednesday, days after the RBA raised rates to 4.1%.
March 22, 2026
Why CSL Limited Stock Price Rose Even as the ASX Fell
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Why CSL Limited Stock Price Rose Even as the ASX Fell

CSL Limited shares rose 2.9% to A$138.50, outperforming the ASX 200 as the index fell 0.82%. The gain follows a share buyback and recent management changes after a February earnings shock that sent the stock down 18%. CSL remains about 46% below its year-ago level, with a market value of A$67 billion. Morgan Stanley maintains an overweight rating with a A$215 target.
March 22, 2026
Westpac Banking Corporation Stock Price Slides as Rate Fears Hit Australia’s Big Banks
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Westpac Banking Corporation Stock Price Slides as Rate Fears Hit Australia’s Big Banks

Westpac shares closed Friday at A$40.70, down 1.05% and about 6% below last month’s high, as investors weighed inflation and rate-hike risks. The Reserve Bank of Australia raised its cash rate to 4.1% on March 17, prompting Westpac to lift variable home-loan rates by 25 basis points from March 31. Other major banks also fell Friday, signaling a sector-wide move. Westpac’s next investor update is set for March 26.
March 22, 2026
Woodside Energy Stock Price in Focus as Oil Hits Highest Since 2022 and Australia Eyes Gas Tax
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Woodside Energy Stock Price in Focus as Oil Hits Highest Since 2022 and Australia Eyes Gas Tax

Woodside Energy shares closed at A$34.04 Friday, up nearly 10% in five sessions, as Brent crude hit $112.19 a barrel, its highest since July 2022. The Australian government is considering a levy on gas windfall profits, which could affect Woodside and peers. Liz Westcott was confirmed as CEO last week, with priorities including the Scarborough and Louisiana LNG projects. Production is forecast to drop in 2026 due to maintenance.
March 22, 2026
BHP Stock Price Falls as CEO Bounce Fades, China Iron Ore Risks Linger
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BHP Stock Price Falls as CEO Bounce Fades, China Iron Ore Risks Linger

BHP Group’s U.S. shares fell 3.09% to $65.29 on Friday, erasing gains made after Brandon Craig was named CEO. Investors remain cautious as copper now accounts for over half of BHP’s operating earnings, and questions persist over leadership diversity and strategy. Iron ore demand from China remains weak, while diesel supply concerns add cost risks. Craig will assume the role on July 1.
March 22, 2026
Evolution Mining Stock Price Rebounds, but EVN Faces April Test After Gold Selloff
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Evolution Mining Stock Price Rebounds, but EVN Faces April Test After Gold Selloff

Evolution Mining shares closed up 1.64% at A$12.41 Friday but remain below Wednesday’s A$13.50 after a gold-driven selloff. Spot gold fell 1.8% Friday as the dollar and yields rose, pressuring miners. Evolution will release its March-quarter update April 15 and pay a 20-cent interim dividend April 2. Investors await confirmation of full-year production and cost guidance after February’s record profit.
March 22, 2026
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Stock Market Today

  • 3 ASX Penny Stocks to Watch Across Key Growth Sectors
    May 31, 2026, 8:52 PM EDT. This article highlights three Australian Securities Exchange (ASX) penny stocks, focusing on promising companies in key growth sectors. Penny stocks are low-priced shares of small companies often seen as high-risk but can offer significant upside. The report provides insight into potential investment opportunities but is not a recommendation to buy or sell securities. Investors are advised to conduct their own research and consult licensed financial advisers before making decisions. The content is for educational purposes and disclaimer notes Kalkine Media does not provide investment advice.