Today: 26 March 2026
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Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Snap Inc Faces Fresh Teen-Safety Showdown as U.S. Court Revisits Florida, Georgia Social Media Laws

Snap Inc Faces Fresh Teen-Safety Showdown as U.S. Court Revisits Florida, Georgia Social Media Laws

A U.S. appeals court on Tuesday reviewed Florida and Georgia laws restricting minors’ access to social media, with Snap Inc facing renewed scrutiny over teen safety. Judges questioned whether Florida’s ban on under-14s and Georgia’s age checks could be struck down entirely. Snap argued the rules limit teens’ speech, but the panel pushed back. No decision was reached.
11 March 2026
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Plug Power Eyes 250 MW PJM Power Bid in New AI Data Center Push

Plug Power Eyes 250 MW PJM Power Bid in New AI Data Center Push

Plug Power is seeking to sell up to 250 megawatts of power into PJM Interconnection, targeting data center operators and utilities with contracts of at least seven years, Chairman Andy Marsh told Bloomberg. Plug shares fell 3.2% to $2.12 in late trading. The company reported 2025 revenue up 12.9% to $710 million and ended the year with $368.5 million in unrestricted cash. Jose Luis Crespo became CEO on March 2.
11 March 2026
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Eddie Bauer to Close All California Stores After Bankruptcy Buyer Hunt Fails

Eddie Bauer to Close All California Stores After Bankruptcy Buyer Hunt Fails

Eddie Bauer will close all 13 California stores after failing to secure a buyer in bankruptcy, canceling a planned auction and triggering clearance sales. Gift cards and loyalty credits will not be accepted after March 12, and all sales are final. The closures affect locations including Corte Madera, Milpitas, and Vacaville. The bankruptcy covers only the store operator; the brand’s e-commerce and wholesale business continues under Outdoor 5.
11 March 2026
Tesla Finance VP Leaves After 17 Years, Extending Executive Turnover as Robotaxi Push Builds

Tesla Finance VP Leaves After 17 Years, Extending Executive Turnover as Robotaxi Push Builds

Tesla vice president of finance Sendil Palani announced his departure after 17 years, as the company faces senior staff turnover and shifts focus to self-driving and robotics. Tesla’s 2025 revenue fell 3%, its first annual drop, while rivals like BYD gained ground in Europe. U.S. regulators scrutinized robotaxi safety as Tesla lags Waymo in driverless test miles. Tesla shares rose 0.1% to $399.24 in late trading Tuesday.
11 March 2026
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SoFi Stock Slides Despite CEO Buy, Record Q4 and Mastercard Stablecoin Deal

SoFi Stock Slides Despite CEO Buy, Record Q4 and Mastercard Stablecoin Deal

SoFi Technologies shares fell 2.6% to $18.29 in late U.S. trading Tuesday, following recent insider buying and a new Mastercard partnership for its SoFiUSD stablecoin. CEO Anthony Noto bought 56,000 shares on March 2, raising his stake to 11.68 million shares. SoFi reported record Q4 adjusted net revenue of $1 billion and ended 2025 with 13.7 million members. Affirm and PayPal also declined on Tuesday.
11 March 2026
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VIX Retreats as Bitcoin Reclaims $70,000 After Iran Shock Whipsaws Wall Street

VIX Retreats as Bitcoin Reclaims $70,000 After Iran Shock Whipsaws Wall Street

The Cboe Volatility Index fell to 24.93 Tuesday after spiking to 35.3 on Monday, its highest since April 2025, as oil prices plunged over 11% and bitcoin climbed above $70,000. The S&P 500 slipped 0.21%, the Dow lost 0.07%, and the Nasdaq rose 0.01%. Tech stocks gained while energy shares dropped. The U.S. Navy told shippers it could not provide escorts through the Strait of Hormuz due to ongoing attack risks.
11 March 2026
Intel Corporation launches Core Series 2 edge AI chips as turnaround pressure builds

Intel Corporation launches Core Series 2 edge AI chips as turnaround pressure builds

Intel launched its Core Series 2 processors for industrial systems and previewed a Health & Life Sciences Edge AI suite at Embedded World in Nuremberg on Monday. The new chips target factories, robotics, and patient monitoring, and are designed for predictable response times with up to 12 performance cores. Intel shares rose 2.6% to $46.78 Tuesday. CEO Lip-Bu Tan continues to restructure the company amid supply constraints and leadership changes.
10 March 2026
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NIO Stock Jumps After First Quarterly Profit as Strong Forecast Tests China EV Skeptics

NIO Stock Jumps After First Quarterly Profit as Strong Forecast Tests China EV Skeptics

NIO reported its first quarterly net profit, posting 282.7 million yuan for Q4, compared to a 7.11 billion yuan loss a year earlier. Quarterly revenue jumped 75.9% to 34.65 billion yuan, with deliveries up 71.7% to 124,807 vehicles. Shares rose 15.2% after the results beat analyst forecasts. NIO expects Q1 revenue of up to 25.18 billion yuan and deliveries of up to 83,000 vehicles.
10 March 2026
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AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback

AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback

AeroVironment lowered its full-year revenue and adjusted earnings forecast after the U.S. government moved to end the BADGER agreement linked to the Space Force’s SCAR program. Shares fell in after-hours trading following a revenue miss and a $151.3 million goodwill impairment, which led to a net loss of $156.6 million for the fiscal third quarter. The company now expects fiscal 2026 revenue below Wall Street estimates.
10 March 2026
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Amazon bond sale could hit $42 billion as AI spending race intensifies

Amazon bond sale could hit $42 billion as AI spending race intensifies

Amazon is seeking $37 billion to $42 billion in a bond sale across dollars and euros, with U.S. orders reaching $126 billion, Bloomberg reported. The dollar portion was increased to $37 billion, with a 10 billion euro sale expected Wednesday, according to the Financial Times. Amazon plans $200 billion in capital expenditures this year, up from $131 billion in 2025. The company last raised $15 billion in November.
10 March 2026
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American Airlines Extends $3.11 Billion Credit Lines to 2031 as Fuel Spike Threatens Margins

American Airlines Extends $3.11 Billion Credit Lines to 2031 as Fuel Spike Threatens Margins

American Airlines expanded its revolving credit lines to $3.11 billion and extended maturities to March 2031, according to a Monday SEC filing. The move follows a spike in jet-fuel costs and comes as American carries $36.5 billion in debt, more than other major U.S. airlines. Shares fell 1.4% Tuesday. American will present at the J.P. Morgan Industrials Conference on March 17.
10 March 2026
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S&P 500 Correction Warning Grows as Oil Shock, Fed Fears Split Wall Street

S&P 500 Correction Warning Grows as Oil Shock, Fed Fears Split Wall Street

The S&P 500 slipped 0.21% to 6,781.48 on Tuesday, with investors split over whether the recent pullback signals a deeper correction or a temporary shock tied to oil and war headlines. Brent crude dropped 11% after surging past $119, and the VIX topped 30 for the first time in nearly a year. The Dow fell 0.07%, while the Nasdaq edged up 0.01%. Nvidia rose 1.2%; Oracle jumped over 7% after earnings.
10 March 2026
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KLA Corporation stock rises as Barclays lifts chip-equipment outlook ahead of investor day

KLA Corporation stock rises as Barclays lifts chip-equipment outlook ahead of investor day

KLA shares climbed Tuesday after Barclays raised its chip equipment spending forecast, citing strong AI data center demand. Barclays now expects wafer fab equipment spending to rise 24% in 2026 to $139 billion, up from a previous 7% estimate. KLA last reported quarterly revenue of $3.3 billion, beating expectations, and forecast March-quarter revenue of $3.35 billion. U.S. export rules remain a risk for KLA’s China business.
10 March 2026
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Why Accenture Stock Is Sliding Ahead of March 19 Earnings After Truist Target Cut

Why Accenture Stock Is Sliding Ahead of March 19 Earnings After Truist Target Cut

Accenture shares fell 3.7% Tuesday after Truist cut its price target to $260 and warned of possible pressures ahead of the March 19 earnings report. The stock traded at $201.62 late in the session, underperforming IBM and Cognizant. Truist cited weak enterprise AI adoption and risks to 2027 estimates if partner spending slows. Accenture recently agreed to buy Ziff Davis's Connectivity division for $1.2 billion.
10 March 2026
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Delta Air Lines Stock Falls as Fuel-Cost Surge Clouds 2026 Outlook

Delta Air Lines Stock Falls as Fuel-Cost Surge Clouds 2026 Outlook

Delta Air Lines shares fell about 1% to $59.98 Tuesday as jet-fuel costs surged following Middle East conflict disruptions. Delta said each 1-cent rise in jet fuel adds $40 million to annual expenses, with fuel making up 17% of 2025 operating costs. United and American Airlines stocks also dropped. Delta canceled some New York–Tel Aviv flights through March 23.
10 March 2026
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CrowdStrike Stock Gets Morgan Stanley Upgrade as Strong Outlook Blunts AI Fears

CrowdStrike Stock Gets Morgan Stanley Upgrade as Strong Outlook Blunts AI Fears

CrowdStrike shares held steady at $434.25 Tuesday after Morgan Stanley upgraded the stock and raised its price target to $510. The company forecast fiscal 2027 revenue above Wall Street estimates and reported fourth-quarter revenue up 23% to $1.31 billion. Costs tied to the July 2024 Windows outage rose to $117.7 million for fiscal 2026 but narrowed last quarter. CrowdStrike recently agreed to acquire SGNL and Seraphic Security.
10 March 2026
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AbbVie Obesity Drug ABBV-295 Hits Up to 9.8% Weight Loss in Early Trial

AbbVie Obesity Drug ABBV-295 Hits Up to 9.8% Weight Loss in Early Trial

AbbVie said its experimental obesity drug ABBV-295 led to up to 9.79% weight loss in adults over 12 weeks in a 76-patient phase 1 trial, with no serious adverse events reported. Weekly and less-frequent dosing schedules showed similar results, while placebo groups saw little change. The study population was mostly male with a mean BMI under 30. ABBV-295 is not approved and remains in early-stage testing.
10 March 2026
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Stock Market Today

  • Corning (GLW) Rises 8.4% on Strong Demand in AI and Consumer Electronics Markets
    March 26, 2026, 4:22 AM EDT. Shares of Corning (GLW) surged 8.4% to $142.01 amid heavy trading volume, reversing a 9.8% decline over four weeks. The specialty glass maker benefits from robust demand in consumer electronics and AI data centers, fueled by collaborations with Apple and Samsung. Optical connectivity products for generative AI and U.S.-made solar goods also boost optimism. Analysts expect Q2 earnings of $0.68 per share, up 25.9% year-over-year, with revenues rising 13.8% to $4.19 billion. Earnings estimate revisions are marginally positive, a trend often linked to rising share prices. Corning holds a Zacks Rank #3 (Hold), while sector peer NETGEAR (NTGR) climbed 10.9% but faces a downward earnings revision. Investors should monitor GLW closely for sustained momentum.
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