News 5 March 2026 - 6 March 2026

New Fortress Energy Shares Dip Under 60 Cents Ahead of Key Reverse-Split Vote
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New Fortress Energy Shares Dip Under 60 Cents Ahead of Key Reverse-Split Vote

New Fortress Energy Inc. fell to 55.79 cents early Thursday, down 3.8%, with a market value near $159 million after releasing its annual meeting proxy. The company faces possible Nasdaq delisting after months below $1 per share and reported a Q1 net loss of $399.95 million on $226.95 million revenue. Debt stood at $8.29 billion as of March 31, with most classified as current due to defaults. Shareholders will vote June 17 on a 1-for-50 reverse split and restructuring plan.
May 28, 2026
Macquarie Rolls Out PayID on DEFT, Taking Aim at Rent Fees as NSW Rules Tighten
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Macquarie Rolls Out PayID on DEFT, Taking Aim at Rent Fees as NSW Rules Tighten

Macquarie Bank has added PayID to its DEFT payments platform, letting tenants pay rent in near real time without third-party fees. The move comes days after New South Wales banned landlords from forcing tenants onto specific apps and required a free electronic payment option. DEFT serves over 1,200 agencies and processes 1.2 million rental payments monthly. Macquarie says most DEFT reference numbers are being auto-enrolled for PayID.
March 6, 2026
Woodside Energy filing shows fresh executive share rights — here’s who got them
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Woodside Energy filing shows fresh executive share rights — here’s who got them

Woodside Energy issued 643,995 unquoted equity rights to executives, including acting CEO Liz Westcott, under incentive plans, according to an ASX filing. The awards, granted without shareholder approval under Listing Rule 7.1, could dilute existing shares by about 0.03% if vested. Westcott has served as acting CEO since December after Meg O’Neill’s resignation.
March 6, 2026
Commonwealth Bank’s A$1.85 billion subordinated deal is out — here are the rates and the fine print
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Commonwealth Bank’s A$1.85 billion subordinated deal is out — here are the rates and the fine print

Commonwealth Bank of Australia issued A$1.85 billion in subordinated securities across three tranches due 2036 and 2046. The 2046 fixed-rate tranche pays 6.40% annually; other tranches price off fixed and floating structures with a 1.28% margin. The securities may convert to ordinary shares if regulators deem the bank non-viable. CBA also updated its dividend notice and currency arrangements.
March 6, 2026
Caterpillar stock slides 3.6% as oil spike shakes industrial bellwethers
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Caterpillar stock slides 3.6% as oil spike shakes industrial bellwethers

Caterpillar shares fell 3.6% to $706.08 on Thursday, hitting a low of $693.81 amid rising oil prices and market volatility tied to Middle East tensions. The Dow dropped as much as 1,100 points, with Caterpillar and Goldman Sachs accounting for about 443 points of the decline. Deere & Co. also fell 3.8%. Caterpillar said it may need over 38,000 new technicians by 2028 as infrastructure demand grows.
March 6, 2026
Costco earnings beat as tariff refunds loom; CEO flags possible price cuts
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Costco earnings beat as tariff refunds loom; CEO flags possible price cuts

Costco reported fiscal second-quarter net sales of $68.24 billion, up 9.1%, and net income of $2.04 billion, beating Wall Street estimates. CEO Ron Vachris said the company could cut prices if it receives refunds from struck-down Trump-era tariffs, but timing remains uncertain. A federal judge has ordered the U.S. government to begin refunding importers, with up to $182 billion at stake.
March 6, 2026
Strategy Inc Stock Drops as Bitcoin Rally Cools After $204 Million Buy
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Strategy Inc Stock Drops as Bitcoin Rally Cools After $204 Million Buy

Strategy Inc shares fell 4.5% Thursday as bitcoin dropped 2.5% to about $70,880. A March 2 filing showed Strategy bought 3,015 bitcoin for $204.1 million, raising its holdings to 720,737 tokens. The company also increased the March annual dividend rate on its STRC preferred shares to 11.50% from 11.25%. Recent bitcoin declines left Strategy’s holdings worth about $3.7 billion less than its cost basis.
March 6, 2026
ServiceNow stock jumps after new EmployeeWorks, Autonomous Workforce push into government AI
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ServiceNow stock jumps after new EmployeeWorks, Autonomous Workforce push into government AI

ServiceNow launched EmployeeWorks and an Autonomous Workforce suite for public sector clients, introducing its first Level 1 IT service desk AI specialist in controlled release. Shares climbed 5.8% to $120.38 after the announcement. The new tools target government agencies seeking to automate service desks and HR tasks. Broader rollout of the AI specialist is expected in Q2.
March 6, 2026
Intuit QuickBooks Index flags small-business job losses as U.S. payrolls report nears
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Intuit QuickBooks Index flags small-business job losses as U.S. payrolls report nears

U.S. small businesses cut 45,300 jobs in February and average inflation-adjusted revenue fell 1.03% to $53,580, according to Intuit’s QuickBooks Small Business Index. Leisure and hospitality lost 11,300 jobs. The index draws on data from over 533,000 businesses and is adjusted to reflect broader trends. The government’s official February jobs report is due March 6.
March 6, 2026
XRP price today slips as Ripple expands Coinbase futures access and U.S. crypto bill stalls again
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XRP price today slips as Ripple expands Coinbase futures access and U.S. crypto bill stalls again

XRP fell about 3% to $1.40 Thursday, with $2.8 billion traded and a market value near $86 billion, according to CoinMarketCap. Ripple said its Prime clients can now access Coinbase Derivatives contracts, including XRP futures, via Nodal Clear. Talks on the “Clarity Act” stalled in Washington as banks pushed for tighter crypto reward limits.
March 6, 2026
Eli Lilly’s $449 Zepbound play: new “Employer Connect” targets workplace coverage gap
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Eli Lilly’s $449 Zepbound play: new “Employer Connect” targets workplace coverage gap

Eli Lilly launched “Employer Connect” to let U.S. employers offer its obesity drug Zepbound at network pharmacies for $449 per dose. Partners include GoodRx, Teladoc Health, and Mark Cuban Cost Plus Drug Company. Lilly shares fell about 2% after the announcement. The company said final out-of-pocket costs will depend on each employer’s cost-sharing model.
March 6, 2026
Booking Holdings stock jumps as OpenAI backs away from ChatGPT travel checkouts
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Booking Holdings stock jumps as OpenAI backs away from ChatGPT travel checkouts

Booking Holdings shares jumped 8% after reports said OpenAI is scaling back direct travel bookings in ChatGPT, easing fears of AI bypassing online travel agencies. Expedia rose over 12% and Tripadvisor gained 5%. U.S. lawmakers pressed Booking.com and others for details on AI-driven “surveillance pricing.” Booking’s CFO said traffic from AI chatbots remains small.
March 6, 2026
Alphabet Stock Today: GOOG Cuts Google Play Fees as Epic Deal Rewrites Android Rules
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Alphabet Stock Today: GOOG Cuts Google Play Fees as Epic Deal Rewrites Android Rules

Google will cut Play Store fees, expand billing options, and ease access for rival app stores under a new policy resolving its global dispute with Epic Games. Developers can use their own billing or direct users to external sites, with new fees starting at 20% for new installs and 10% for subscriptions. The changes roll out by June 30 in the U.S., U.K., and EEA, and globally by September 2027. Alphabet shares fell 0.8% to $300.91.
March 5, 2026
Microsoft Lands Codelco AI Mining Deal as Investors Demand Payoff From Big AI Spend
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Microsoft Lands Codelco AI Mining Deal as Investors Demand Payoff From Big AI Spend

Microsoft signed an 18-month agreement with Chile’s Codelco to test AI, analytics, automation, and digital security in mining operations. The deal comes as Microsoft faces scrutiny over AI’s power demands and rising infrastructure costs. Codelco aims to boost productivity amid declining ore grades and project delays. Microsoft’s shares fell 10% after January results despite heavy AI investment.
March 5, 2026
Tesla’s UK sales drop 37% as BYD gains ground, putting March in focus
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Tesla’s UK sales drop 37% as BYD gains ground, putting March in focus

Tesla’s UK car registrations fell 37% in February to 2,422 vehicles, while rival BYD’s registrations jumped 83%, industry data showed. The broader UK market rose 7.2% to 90,100 new cars, with battery-electric vehicles up 2.8% but losing market share for a second month. Another tracker put Tesla’s drop at 45.2%. Tesla’s EU carbon-credit pool will not include Stellantis or Toyota in 2026, filings showed.
March 5, 2026
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Stock Market Today

  • Diageo Shares Up 12% in a Month Amid Market Challenges
    May 28, 2026, 11:31 AM EDT. Diageo Plc shares climbed nearly 12% in a month, reaching prices last seen 14 years ago. The FTSE 100 drinks giant has faced significant headwinds, including a 20% sales plunge in Latin America and the Caribbean and tariffs impacting exports to the US. Despite a 53% drop over five years, recent sales narrowly beat expectations due to seasonal and event-driven boosts. The US market, accounting for 40% of net sales, remains a concern. Tariff removals on Scotch whisky and signs of stabilization in Africa and Latin America have improved investor sentiment, but full-year guidance remains cautious under new CEO Sir Dave Lewis.