Technology News 10.03.2026
LIVETechnology news rolling coverageStarted: March 10, 2026, 12:00 AM EDTUpdated: March 10, 2026, 12:04 AM EDT
Rightmove plc Shares Slip Despite Fresh Buyback as AI Spending Doubts Linger
Rightmove repurchased 210,000 shares Monday, but shares closed down 2.7% at 453 pence, leaving the stock 45% below its 52-week high. The company kept its 2026 revenue growth forecast at 8–10% but expects profit growth to slow as margins dip during heavier investment. Rightmove remains in the FTSE 100 after review. Analysts are divided on whether AI spending will boost growth or pressure margins.
RELX PLC extends share buyback after AI selloff, tops 23 million shares in 2026 (Investegate)
RELX PLC repurchased 500,000 shares Monday for about £13.2 million, bringing 2026 buybacks to 23.23 million shares. The company is executing a £2.25 billion buyback plan amid a sector selloff triggered by new generative AI tools. Treasury shares now total 27.34 million, with 1.801 billion ordinary shares outstanding. UBS AG London Branch is managing the current tranche, set to end March 20.
Palantir Technologies Faces Fresh Pentagon AI Risk as Anthropic Lawsuit Clouds Maven Overhaul
Anthropic sued the Pentagon on Monday, challenging its blacklisting and seeking to block enforcement of the “supply-chain risk” designation. Palantir’s Maven military software, partly built with Anthropic’s Claude model, now faces a forced rewrite, threatening over $1 billion in Defense Department contracts. Palantir shares fell 1.28% to $155.16. Microsoft-backed OpenAI and Lockheed Martin are moving to remove Anthropic tools from military projects.
SoFi Technologies Shares Fall 4% as Oil Shock Overshadows CEO Buy, Mastercard Stablecoin Deal
SoFi Technologies shares fell 3.7% to $18.21 by midday Monday as surging oil prices fueled inflation concerns and pressured online lenders. CEO Anthony Noto bought $1 million in shares on March 2, and SoFi announced a new Mastercard partnership involving its SoFiUSD crypto token. Broader market weakness and inflation fears outweighed recent company moves. Affirm and Upstart shares also declined.
Constellation Software Q4 profit tumbles 61% despite revenue jump as Asseco charge bites
Constellation Software’s Q4 net income attributable to common shareholders dropped 61% to $110 million, hit by a $155 million expense tied to Asseco’s share price, while revenue rose 18% to $3.18 billion. Organic growth was 6%. The company completed $571 million in acquisitions and declared a $1.00 dividend. Year-end cash less debt improved to negative $1.04 billion.
Vertiv Holdings stock jumps as S&P 500 move spotlights AI data-center demand
Vertiv Holdings shares rose 5.1% to $254.12 by 9:43 a.m. EDT after S&P Dow Jones Indices said the company would join the S&P 500 on March 23. The move follows strong quarterly results and recent debt upgrades. Lumentum, Coherent, and EchoStar will also join, while Match Group, Molina Healthcare, Lamb Weston, and Paycom Software will exit the index.
Peraso stock cools after 151% spike on Israeli drone-defense win as cash strain remains
Peraso Inc. shares dropped 3.9% to $1.96 in premarket trading Monday after soaring 151.5% Friday on news its mmWave chips were selected by Israeli defense firm InTACT for a drone IFF system. The company, facing cash concerns and exploring strategic options, did not disclose the program’s value or deployment timeline. Peraso ended September with $1.865 million in cash and warned of doubts about its ability to continue operating.
Technology News 08.03.2026
LIVETechnology news rolling coverageStarted: March 8, 2026, 12:00 AM ESTUpdated: March 8, 2026, 11:58 PM EDT
Technology News 07.03.2026
ENDEDLive coverage has endedEnded: March 9, 2026, 12:00 AM EDT
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.
Wix.com Kicks Off $1.75 Billion Tender Offer as AI Bet Meets Margin Questions
Wix.com launched a $1.75 billion tender offer Thursday, offering shareholders $80 to $92 per share in cash. The stock closed up 10.9% at $92.94. The offer expires April 1 and is part of a $2 billion buyback program. Wix also disclosed a private placement led by Durable Capital Partners that could raise up to $250 million.
Booking shares jump after OpenAI checkout rethink, but AI pricing questions pile up
Booking Holdings shares climbed about 8% Thursday after a report said OpenAI is scaling back direct bookings in ChatGPT, easing concerns for online travel agencies. U.S. House investigators also asked Booking.com and others to explain if they use AI for individualized pricing. Expedia rose over 12%, while Tripadvisor gained about 5%. Booking.com cited a Dutch court ruling supporting its stance in a European hotel dispute.
Credo Technology stock jumps as Broadcom backs copper over optical links in AI data centers
Credo Technology shares surged 11.9% to $114.74 after Broadcom said AI-chip customers would likely keep using direct-attached copper inside data center racks. Credo’s fiscal Q3 revenue jumped 201.5% to $407 million. Lumentum and Coherent shares fell after earlier gains from Nvidia’s $2 billion investments. Broadcom projected over $100 billion in AI chip revenue for 2027.
Rigetti Computing Stock Falls After Revenue Miss as Quantum Roadmap Faces Fresh Scrutiny
Rigetti Computing shares dropped 4.4% in premarket trading after reporting fourth-quarter revenue of $1.9 million, down from $2.3 million a year earlier, and a wider operating loss of $22.6 million. The company said 90.2% of 2025 sales came from government entities and warned that delays in public-sector contracts could impact results.
Netflix Buys Ben Affleck’s AI Startup InterPositive as Hollywood’s AI Race Accelerates
Netflix has acquired InterPositive, a film-tech startup founded by Ben Affleck that builds AI tools for movie production. Affleck will join Netflix as a senior advisor; financial terms were not disclosed. The deal follows Netflix’s decision to drop its bid for Warner Bros Discovery. InterPositive’s software targets post-production fixes, not synthetic actors, according to Affleck.
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.
Nokia Oyj annual report flags €2.4 billion AI orders as FMR stake crosses 5%
Nokia reported 2025 net sales up 3% and a comparable operating profit of about 2.0 billion euros, driven by over 2.4 billion euros in AI and cloud orders. The company filed its annual report and U.S. Form 20-F on Thursday. Nokia is targeting 2026 comparable operating profit of 2.0–2.5 billion euros. The board seeks approval to distribute up to 0.14 euro per share for 2025.
Broadcom stock rises after Q1 earnings, $100 billion AI chip target and OpenAI plan
Broadcom forecast $22 billion in current-quarter revenue and reported first-quarter revenue up 29% to $19.31 billion, driven by a 106% jump in AI semiconductor sales to $8.4 billion. Shares rose 4.8% after the company projected over $100 billion in AI chip sales for 2027 and announced a $10 billion stock buyback. Infrastructure software revenue grew just 1% to $6.8 billion.
Amazon Launches Connect Health, Pushing AWS Deeper Into Healthcare AI
Amazon Web Services launched Amazon Connect Health, an AI service for healthcare administration, on Thursday. The tool integrates with Epic electronic health records to verify patients, schedule visits, and generate billing codes. Patient verification and ambient documentation are available now; other features remain in preview. AWS says UC San Diego Health cut call abandonment by 30% using the system.
Palantir’s Pentagon AI platform scrambles after Anthropic gets ‘supply-chain risk’ label
The Pentagon has barred military contractors from using Anthropic technology, citing “supply-chain risk,” sources told Reuters. Palantir’s Maven Smart Systems, which supports military intelligence and targeting, uses Anthropic’s Claude code. Palantir stock was little changed Friday. Anthropic said it will challenge the designation in court.