Today: 5 March 2026
Subscribe
Exxon Mobil’s first Gulf Coast-to-Australia fuel shipment signals how Hormuz disruption is spreading
···
5 March 2026
by

Exxon Mobil’s first Gulf Coast-to-Australia fuel shipment signals how Hormuz disruption is spreading

Exxon Mobil is shipping about 600,000 barrels of fuel from the U.S. Gulf Coast to Australia in mid-March, the first such delivery since December 2023, as Strait of Hormuz disruptions squeeze Asian refiners. Australia reported fuel reserves of 32–36 days and urged consumers not to panic. Brent crude rose 4.7% to $81.40 a barrel on Tuesday. Goldman Sachs raised its Q2 Brent forecast by $10 to $76.
Read More
JPMorgan’s Dimon warns banks could be targets as Iran war raises cyberattack fears
··

JPMorgan’s Dimon warns banks could be targets as Iran war raises cyberattack fears

JPMorgan CEO Jamie Dimon warned U.S. banks to prepare for possible cyber or terrorist retaliation as tensions with Iran escalate. A U.S. intelligence assessment reviewed by Reuters pointed to potential low-level cyber activity by Iran-aligned actors. JPMorgan shares slipped 0.3% in late trading. Industry groups said firms are increasing monitoring as threats rise.
5 March 2026
by
Read More
Coherent unveils 224Gbps chip for AI data center optics as Nvidia-linked demand shifts to 1.6T

Coherent unveils 224Gbps chip for AI data center optics as Nvidia-linked demand shifts to 1.6T

Coherent Corp on Wednesday launched the CHR1074, a 224Gbps quad-channel TIA for 800G and 1.6T optical transceivers, with samples available now and wider release expected next quarter. CEO Jim Anderson said new funding tied to an expanded Nvidia partnership will prioritize capacity, including work at the Sherman, Texas site. Coherent also introduced the WaveMaker 4000A for DWDM testing.
5 March 2026
···
Okta stock whipsaws after AI-agent lift and earnings beat — then guidance points to slower growth

Okta stock whipsaws after AI-agent lift and earnings beat — then guidance points to slower growth

Okta shares fell about 1% in after-hours trading Wednesday after the company projected roughly 9% revenue growth for fiscal 2027. Fourth-quarter revenue rose 11% to $761 million, with adjusted profit at 90 cents per share. Okta is rolling out new security controls for AI agents. Remaining performance obligations climbed 15% to $4.83 billion.
5 March 2026
·····
AAOI stock price rises as Applied Optoelectronics director signals share sale, optics trade stays jittery

AAOI stock price rises as Applied Optoelectronics director signals share sale, optics trade stays jittery

··
4 March 2026
Applied Optoelectronics shares rose 2.9% to $98.07 Wednesday on heavy volume after a late Tuesday filing showed director Elizabeth G. Loboa plans to sell up to 102,347 shares, worth about $9.8 million. The company also set up a $250 million at-the-market share sale program. CFO Stefan Murry told investors 800G shipments would ramp in Q2 after a firmware delay. An investor session is set for March 17 at the OFC conference.
Read More
Wix earnings jolt WIX stock: $250m Durable deal, buyback fast-track and 2026 outlook

Wix earnings jolt WIX stock: $250m Durable deal, buyback fast-track and 2026 outlook

Wix will raise up to $250 million in a private placement led by Durable Capital Partners, closing March 5. Fourth-quarter revenue rose 14% to $524.3 million, missing analyst estimates, while adjusted earnings beat forecasts. Shares gained 6% in extended trading. Wix expects mid-teens percentage growth in bookings and revenue for 2026, with a lower free cash flow margin due to increased investment.
4 March 2026
···

Latest News

Bloom Energy Corporation lands Bloomberg 500 Index spot as BE stock slips — what investors watch next

Bloom Energy Corporation lands Bloomberg 500 Index spot as BE stock slips — what investors watch next

··
5 March 2026
Bloom Energy will join the Bloomberg 500 Index before the market opens on March 12, Bloomberg Indices said Thursday. Shares fell 3.8% to $158.47 in afternoon trading, valuing the company at about $19.8 billion. Bloom reported 2025 revenue of $2.02 billion and expects up to $3.3 billion in 2026. The company cited data-center demand as a key growth driver.
Read More
Credo Technology Group Holding stock jumps as Broadcom backs copper over optics in AI racks

Credo Technology Group Holding stock jumps as Broadcom backs copper over optics in AI racks

··
5 March 2026
Credo Technology shares climbed 9% to $111.94 Thursday after Broadcom endorsed copper-linked wiring for AI data centers. The gain followed a 14.8% drop earlier in the week on lower gross-margin guidance despite record quarterly revenue of $407 million, up 201.5% year over year. Credo’s top three customers grew sequentially, but together made up 88% of revenue, heightening concentration risk.
Read More
Marvell Technology targets AI data-center bottlenecks with new 1.6T “pluggable” optics

Marvell Technology targets AI data-center bottlenecks with new 1.6T “pluggable” optics

··
5 March 2026
Marvell Technology unveiled a 1.6-terabit pluggable optical module and 2-nanometer coherent chips with built-in security, targeting AI-focused cloud data centers. The company will debut the products at OFC 2026 in March and expects sampling to start in the second half of the year. Marvell shares fell 2.5% to $76.12 Thursday morning. Investors await the company’s earnings call later today.
Read More
Adobe stock jumps as Wall Street fixates on AI recurring revenue ahead of earnings

Adobe stock jumps as Wall Street fixates on AI recurring revenue ahead of earnings

····
5 March 2026
Adobe shares jumped 3.9% to $283.86 on Thursday as investors focused on AI-driven recurring revenue ahead of next week’s earnings. Piper Sandler maintained a Neutral rating, while Barclays trimmed its price target to $335 but stayed positive. Analysts highlighted annual recurring revenue and AI adoption as key metrics. The stock remains about 40% below its 52-week high.
Read More
Expedia stock jumps as OpenAI pulls back ChatGPT checkout plans — here’s what’s driving it

Expedia stock jumps as OpenAI pulls back ChatGPT checkout plans — here’s what’s driving it

····
5 March 2026
Expedia shares surged 11% Thursday after a report said OpenAI is scaling back direct checkout plans in ChatGPT, easing fears that AI could bypass online travel agencies. Booking Holdings rose 8% and Tripadvisor gained nearly 3%. OpenAI reportedly found users were researching but not completing purchases inside ChatGPT. Expedia last reported Q4 gross bookings up 11% to $27 billion, with revenue at $3.55 billion.
Read More
GE Vernova wins 17-turbine Italy wind deal as it pours $30 million into grid parts plant

GE Vernova wins 17-turbine Italy wind deal as it pours $30 million into grid parts plant

·
5 March 2026
GE Vernova will supply 17 onshore wind turbines to IVPC Group’s Fortore wind farm in Benevento, southern Italy, with deliveries starting in the second quarter of 2027. The company is investing about $30 million to expand transformer-component production at its Sesto San Giovanni site, adding around 50 jobs. GE Vernova shares fell roughly 4% to $806.50 in U.S. trading on Thursday.
Read More
Coherent Corp rolls out 224Gbps chip for AI data centers as OFC 2026 approaches

Coherent Corp rolls out 224Gbps chip for AI data centers as OFC 2026 approaches

···
5 March 2026
Coherent Corp on Wednesday launched a 224Gbps quad-channel transimpedance amplifier for 800G and 1.6T optical transceivers, and debuted the WaveMaker 4000A test instrument for Super C-band DWDM systems. Bloomberg Indices will add Coherent to its Bloomberg 500 index effective March 12. Coherent shares fell about 9% Thursday afternoon. The company recently raised $2 billion from Nvidia through a share sale.
Read More
Heating Oil price today: ULSD futures jump near 10% as Strait of Hormuz fears bite

Heating Oil price today: ULSD futures jump near 10% as Strait of Hormuz fears bite

···
5 March 2026
U.S. April heating oil futures surged 9.8% to $3.6163 a gallon Thursday, hitting a 52-week high as supply risks and Middle East tensions rattled markets. Brent crude rose to $84.32 a barrel and U.S. WTI to $79.06. Average U.S. retail diesel prices climbed to $4.04 per gallon. Distillate inventories remain about 3% below the five-year average, EIA data showed.
Read More
Gas prices jump again: RBOB gasoline futures spike 6% as Iran conflict tightens supply

Gas prices jump again: RBOB gasoline futures spike 6% as Iran conflict tightens supply

···
5 March 2026
NYMEX RBOB gasoline futures jumped 6% to $2.67 a gallon Thursday amid supply fears tied to the Iran conflict. AAA reported the U.S. average pump price rose nearly 27 cents in a week to $3.25. Oil and diesel prices also climbed as traders tracked shipping and output risks in the Gulf. U.S. gasoline inventories fell by 1.7 million barrels last week, while crude stocks increased.
Read More
Brent crude price leaps above $84 as Hormuz attacks rattle oil markets

Brent crude price leaps above $84 as Hormuz attacks rattle oil markets

··
5 March 2026
Brent crude jumped over 3% to $84.32 a barrel after tanker explosions and shipping disruptions near Kuwait and Iraq, with about 200 vessels stranded off major oil producers. U.S. crude inventories rose by 3.5 million barrels last week. JPMorgan warned Iraqi and Kuwaiti supplies could halt if the Strait of Hormuz remains closed, threatening 3.3 million barrels per day. Diesel prices and physical crude premiums surged amid tightening supply.
Read More
UK stock market today: FTSE 100 falls 1.5% as oil jumps; Rentokil and Admiral gain, Wizz Air drops

UK stock market today: FTSE 100 falls 1.5% as oil jumps; Rentokil and Admiral gain, Wizz Air drops

······
5 March 2026
London’s FTSE 100 fell 1.5% to 10,413.94 on Thursday as oil prices surged and investors scaled back bets on Bank of England rate cuts. Rentokil Initial and Admiral rose after posting higher profits, while Wizz Air and Reckitt dropped on outlook warnings. The FTSE 250 lost 0.9%. Brent crude traded near $84.41 a barrel.
Read More
Circle Internet Group stock ticks up as Iran conflict lifts oil and revives USDC rate tailwind

Circle Internet Group stock ticks up as Iran conflict lifts oil and revives USDC rate tailwind

·
5 March 2026
Circle Internet Group shares rose 1.9% to $107.23 Thursday as oil prices surged on Middle East tensions, fueling inflation concerns. Mizuho raised its Circle price target to $100, citing the company’s interest income from USDC reserves. Brent crude climbed over 3% to $84.38 a barrel. Circle recently reported stronger-than-expected revenue on higher USDC circulation and reserve income.
Read More
India stock market today: Nifty, Sensex rebound 1% as Reliance, metals spark a late-week bounce

India stock market today: Nifty, Sensex rebound 1% as Reliance, metals spark a late-week bounce

··
5 March 2026
Nifty 50 rose 1.17% to 24,765.90 and Sensex gained 1.14% to 80,015.90, snapping a three-day losing streak. Reliance climbed 3.3% after brokerages called its recent selloff overdone; metal stocks advanced on supply concerns. The rupee closed at 91.60 per dollar, up 0.6% after RBI intervention. Brent crude rose 3.66% to $84.38 a barrel amid shipping disruptions near the Strait of Hormuz.
Read More
Corning stock slides after Broadcom warns AI racks will stick with copper longer

Corning stock slides after Broadcom warns AI racks will stick with copper longer

···
5 March 2026
Corning shares dropped 4.4% Thursday after Broadcom CEO Hock Tan said customers will stick with copper, not optical links, inside AI racks for now. Corning CFO Ed Schlesinger warned of a slower “scale-up” for AI networking, pointing to a possible inflection closer to 2028. Broadcom stock rose 5.3%, while Ciena fell 15.2%. Analysts see co-packaged optics adoption delayed by at least two years.
Read More
Salesforce launches Agentforce Health AI agents to cut healthcare paperwork, adding HealthEx, Verily and Viz.ai

Salesforce launches Agentforce Health AI agents to cut healthcare paperwork, adding HealthEx, Verily and Viz.ai

····
5 March 2026
Salesforce launched six new Agentforce Health AI agents for healthcare providers, payers, and public health, with integrations from HealthEx, Verily, and Viz.ai. The release coincides with AWS and Google Cloud debuting similar agentic AI healthcare platforms. Salesforce shares rose 3.8% in morning trading. Some functions are available now, with more planned for June and later in 2026.
Read More
Robinhood rolls out $695 Platinum Card as it hunts wealthy clients and family money

Robinhood rolls out $695 Platinum Card as it hunts wealthy clients and family money

·
5 March 2026
Robinhood launched a $695-a-year Platinum credit card and new family and wealth-planning features, including custodial and trust accounts. Shares fell 3.6% to $79.27 Thursday after rising the previous day ahead of the announcement. The Platinum card is invite-only and offers travel, dining, and wellness perks. Robinhood aims to attract wealthier clients and reduce reliance on trading revenue.
Read More
Booking Holdings (BKNG) stock jumps as OpenAI cools ChatGPT checkout plans

Booking Holdings (BKNG) stock jumps as OpenAI cools ChatGPT checkout plans

··
5 March 2026
Booking Holdings shares surged as much as 11% in early New York trading Thursday after reports that OpenAI is scaling back plans for in-chat checkout in ChatGPT. Mizuho named Booking its top travel stock pick, citing reduced fears of AI-driven disruption. Travel firms continue to face flight disruptions and rising fuel costs linked to the Middle East conflict. Booking was last up about 7% at $4,553.58.
Read More
Netflix bets on ‘One Piece’ again as investors watch the next subscriber test

Netflix bets on ‘One Piece’ again as investors watch the next subscriber test

·
5 March 2026
Netflix’s live-action “One Piece” returns for season two on Tuesday, with season three already in production. J.P. Morgan upgraded Netflix’s stock this week, citing strong content and growth from its ad tier. TV producers in Europe are merging to gain leverage as streamers tighten control. Netflix ended last quarter with over 325 million paid subscribers and projects 2026 revenue up to $51.7 billion.
Read More
Go toTop