News 5 March 2026

Relay Therapeutics Shares Reclaim Offer Price as Traders Eye June
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Relay Therapeutics Shares Reclaim Offer Price as Traders Eye June

Relay Therapeutics shares traded at $14.50 Thursday, holding above last week’s $12 public offering price after raising $296.8 million from a stock sale. The company reported early Phase 2 data showing 60% of evaluable patients with PIK3CA-driven vascular anomalies responded to its drug zovegalisib. Management will present at two major healthcare conferences in June. Relay ended Q1 with $642.1 million in cash.
May 28, 2026
Intuit gets a fresh “strong-buy” call as tax season puts margins in focus
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Intuit gets a fresh “strong-buy” call as tax season puts margins in focus

Argus Research upgraded Intuit to “strong-buy” Thursday but cut its price target to $580 from $780. Intuit shares closed at $440.14 Wednesday, up for a sixth straight session but still far below last July’s $813.70 high. The company warned third-quarter profit will miss forecasts as it increases spending on marketing and support during tax season. Revenue for fiscal Q2 rose 17% to $4.651 billion.
March 5, 2026
CrowdStrike stock rises as cybersecurity firm flags stronger 2027 revenue outlook
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CrowdStrike stock rises as cybersecurity firm flags stronger 2027 revenue outlook

CrowdStrike shares rose about 4% Thursday after forecasting fiscal 2027 revenue of $5.87 billion to $5.93 billion and reporting a 23% fourth-quarter revenue jump to $1.31 billion. Annual recurring revenue climbed 24% to $5.25 billion. The company reiterated plans to acquire SGNL for $740 million and Seraphic Security for $420 million. Costs tied to the July 2024 Windows outage reached $117.7 million in fiscal 2026.
March 5, 2026
ServiceNow launches EmployeeWorks for public sector, adds Autonomous Workforce as agencies seek trusted AI
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ServiceNow launches EmployeeWorks for public sector, adds Autonomous Workforce as agencies seek trusted AI

ServiceNow launched EmployeeWorks and an Autonomous Workforce AI package for government agencies Thursday. The first Level 1 IT service desk AI specialist is in limited release, with wider availability set for Q2. A FastStart offer runs through April 30 for the first 50 eligible public-sector customers. The tools are designed for high-security government cloud environments.
March 5, 2026
Intel back in Washington spotlight as senators press China-linked tool tests and 18A plans shift
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Intel back in Washington spotlight as senators press China-linked tool tests and 18A plans shift

U.S. senators Warren and Cotton pressed Intel CEO Lip-Bu Tan to explain reports the company tested ACM Research chipmaking tools linked to Chinese firms on a U.S. trade blacklist. Intel said ACM tools are not used in its production and that it complies with U.S. laws. CFO David Zinsner said Intel is reconsidering offering its 18A chipmaking process to outside customers.
March 5, 2026
Coinbase, Microsoft disrupt “Tycoon 2FA” phishing network as crypto rules hit another snag
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Coinbase, Microsoft disrupt “Tycoon 2FA” phishing network as crypto rules hit another snag

Coinbase said it helped disrupt Tycoon 2FA, a phishing service used to bypass multi-factor authentication, tracing crypto payments to a suspected administrator in Pakistan. Microsoft seized 330 domains linked to the operation under a New York court order. Cloudflare banned thousands of related domains. Coinbase shares fell 0.8% Thursday after a 15% jump Wednesday as bitcoin neared $74,000.
March 5, 2026
AppLovin stock climbs as Axon expands AI-generated interactive ads and automated video tests
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AppLovin stock climbs as Axon expands AI-generated interactive ads and automated video tests

AppLovin shares rose about 4% after the company said it is expanding access to AI-generated interactive ads on its Axon platform and testing automated video creation. The company plans a broader rollout of these features early in the second quarter. AppLovin reported a “significant share” of HTML ad spend now comes from AI-generated ads. The company remains under SEC investigation.
March 5, 2026
Meta Platforms opens WhatsApp to rival AI chatbots in Europe — but charges a fee
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Meta Platforms opens WhatsApp to rival AI chatbots in Europe — but charges a fee

Meta will allow third-party AI chatbots to access WhatsApp’s Business API in Europe for 12 months, charging fees between €0.0490 and €0.1323 per message. EU antitrust regulators are considering interim measures over access restrictions. Rival developers say the pricing still blocks competition. Meta faces similar regulatory action in Italy and Brazil.
March 5, 2026
Needham hikes Lumentum target to $850 after Nvidia laser deal — what Wall Street is watching next
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Needham hikes Lumentum target to $850 after Nvidia laser deal — what Wall Street is watching next

Needham raised its Lumentum price target to $850 from $550 after Nvidia committed to buy high-power lasers from 2027 to 2029. Lumentum shares fell 2% to $667.30 early Thursday. Nvidia invested $2 billion in Lumentum through preferred shares, pending antitrust review. CEO Michael Hurlston and CTO Matt Sysak will speak at OFC 2026 in Los Angeles this month.
March 5, 2026
Palantir’s Pentagon Maven AI tool caught in Anthropic Claude ban — what PLTR investors are watching
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Palantir’s Pentagon Maven AI tool caught in Anthropic Claude ban — what PLTR investors are watching

Palantir Technologies is removing Anthropic’s Claude AI from its Pentagon-facing Maven Smart Systems after President Trump ordered a government-wide ban on Anthropic, sources said. Palantir may need months to rebuild software tied to Maven. Lockheed Martin said it would comply with the directive; General Dynamics and RTX declined to comment. Palantir shares rose 0.7% to $154.20, valuing the company at about $433 billion.
March 5, 2026
Apple’s $599 MacBook Neo is here — and it’s aimed at budget laptops
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Apple’s $599 MacBook Neo is here — and it’s aimed at budget laptops

Apple introduced the $599 MacBook Neo, its lowest-priced Mac laptop in years, with deliveries starting March 11. The Neo ships with 8GB of unified memory amid a global memory-chip crunch and targets Chromebooks and low-end Windows PCs. Apple shares fell 1.3% to $259.20 after the announcement. The launch follows this week’s refresh of MacBook Air and Pro models with new M5-series chips.
March 5, 2026
Broadcom stock jumps as CEO flags $100 billion AI chip sales, buyback plan
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Broadcom stock jumps as CEO flags $100 billion AI chip sales, buyback plan

Broadcom shares rose about 5% after CEO Hock Tan projected AI chip sales will top $100 billion in 2027. The company reported first-quarter revenue up 29% to $19.3 billion, with AI revenue doubling to $8.4 billion. Broadcom announced a $10 billion share repurchase program through 2026. Investors remain cautious about continued AI infrastructure spending amid supply constraints.
March 5, 2026
Galaxy Digital dumps the TSX for Nasdaq-only trading — what changes for GLXY investors
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Galaxy Digital dumps the TSX for Nasdaq-only trading — what changes for GLXY investors

Galaxy Digital will voluntarily delist from the Toronto Stock Exchange on March 19, keeping only its Nasdaq listing. The Canada-based share buyback program will end with the TSX exit, while limited repurchases may continue on Nasdaq. GLXY shares rose about 18% in premarket trading Thursday. The company reported a $482 million net loss in Q4 2025 due to falling crypto prices.
March 5, 2026
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Stock Market Today

  • U.K. Stocks Fall 0.63% as Investing.com United Kingdom 100 Index Closes Lower
    May 28, 2026, 12:52 PM EDT. U.K. stocks closed lower with the Investing.com United Kingdom 100 Index, which tracks the top 100 U.K. companies, falling 0.63%. The decline reflects modest investor caution amid ongoing economic concerns. Market participants remain watchful of upcoming data and global developments influencing equities.