News 4 March 2026

POLE Stock Is Quiet. Andretti Acquisition II’s September Deadline Is Not
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POLE Stock Is Quiet. Andretti Acquisition II’s September Deadline Is Not

Andretti Acquisition Corp. II’s Class A shares (POLE) closed at $10.71 on Thursday, down 0.3% with just 3,504 shares traded. The company, a SPAC, faces a Sept. 9 deadline to complete a business combination or risk liquidation, with filings citing “substantial doubt” about its ability to continue. Its planned merger with StoreDot was terminated in February. Andretti reported $246.4 million in its trust account as of March 31.
May 28, 2026
Corning CFO flags $24 billion 2028 sales run rate as AI data-center fiber push accelerates
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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
Meta’s $50M-a-year News Corp AI deal shows how expensive training data is getting
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Meta’s $50M-a-year News Corp AI deal shows how expensive training data is getting

Meta will pay News Corp up to $50 million a year for U.S. and UK news content under a multiyear licensing deal, the Wall Street Journal reported Wednesday. The agreement is expected to last at least three years as Meta seeks material for its AI products. Meta is also reorganizing AI teams to accelerate product launches. Meta shares rose 2.6% after news of the deal.
March 4, 2026
Palantir stock price rises as Rosenblatt lifts target and Thiel sale plan looms
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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
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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
Micron’s 256GB SOCAMM2 memory sample hits customers — and MU shares rebound
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Micron’s 256GB SOCAMM2 memory sample hits customers — and MU shares rebound

Micron began shipping samples of a 256GB low-power server memory module for AI data centers, using a new SOCAMM2 form factor and LPDDR5X technology. Shares rose about 3% to $390.10 Wednesday after an 8% drop Tuesday. The module is built on a 32Gb monolithic LPDRAM die and targets power and space limits in AI servers. Rivals Samsung and SK hynix are also developing similar modules.
March 4, 2026
Tesla’s EU carbon-credit pool thins out for 2026 as Toyota and Stellantis hold back
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Tesla’s EU carbon-credit pool thins out for 2026 as Toyota and Stellantis hold back

Stellantis, Toyota, and Subaru are absent from Tesla’s carbon-credit pool for 2026, according to an EU filing, after joining the group last year. The European Commission now allows automakers to average fleet emissions over 2025-2027, easing compliance. Tesla could face reduced demand for its regulatory credits as a result. Stellantis and Toyota said they may still join later.
March 4, 2026
Select Medical (SEM) take-private deal: $16.50 cash offer, $3.9B value, and the financing behind it
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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
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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
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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
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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
Nio orders hit 2026 high after March promos, Deutsche Bank says — but wait times shrink
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Nio orders hit 2026 high after March promos, Deutsche Bank says — but wait times shrink

Nio’s weekly new orders rose to about 3,500 units in early March, the highest level this year, Deutsche Bank said, citing dealer checks. Wait times for the ES8 SUV dropped from up to 14 weeks in February to as little as 4 weeks, suggesting a shrinking order backlog. Nio shares fell for a fifth straight day Tuesday. The company reports quarterly results next week.
March 4, 2026
MARA Holdings stock slides as SEC filing opens door to selling bitcoin stash
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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
American Airlines waives fees as Iran conflict keeps Gulf skies shut and hits airline stocks
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American Airlines waives fees as Iran conflict keeps Gulf skies shut and hits airline stocks

American Airlines expanded travel waivers for customers booked through Middle East hubs, Tel Aviv, and Cairo as airspace closures forced mass cancellations and longer routes. U.S. officials arranged charter flights for stranded Americans. Airline shares, including American, fell as oil prices rose and disruptions stretched into a fifth day. Dubai’s airport remained shut, with over 21,000 flights canceled at major Gulf airports since the strikes began.
March 4, 2026
Nokia taps Google Cloud ‘agentic AI’ as Vodafone, Orange join its Network as Code push
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Nokia taps Google Cloud ‘agentic AI’ as Vodafone, Orange join its Network as Code push

Nokia said it will expand its Network as Code platform to include Vodafone, Deutsche Telekom, and Orange, and integrate Google Cloud’s agentic AI into network APIs. The move comes as operators seek new 5G revenue and automation options. Nokia also announced new deals with TIM Brasil and Deutsche Telekom on AI-ready 5G networks. OP Corporate Bank downgraded Nokia to “reduce” with a target price of 6.30 euros.
March 4, 2026
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Stock Market Today

  • Investing $5,000 Yearly in ASX Shares: Can It Build Wealth?
    May 28, 2026, 4:53 PM EDT. Investing $5,000 annually into ASX shares with an average 9% return, while not guaranteed, can grow significantly due to compounding - where earnings generate their own earnings. After 20 years, such investments could reach around $280,000, and after 30 years, approximately $740,000. At 34 years, the portfolio might surpass $1 million without increasing the annual contribution. Experts recommend a diversified approach, such as using ASX ETFs like Vanguard's MSCI Index International Shares ETF (ASX: VGS), combined with select quality stocks. The key is discipline, patience, and allowing time to harness compounding effects across market cycles.