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.

Chevron stock jumps as oil surges on Iran conflict and Hormuz choke point fears

Chevron stock jumps as oil surges on Iran conflict and Hormuz choke point fears

Chevron shares rose 1.7% to $189.28 Thursday as oil prices surged after Iran’s conflict disrupted supply and shipping. Brent crude settled up 4.93% at $85.41 a barrel, while U.S. WTI jumped 8.51% to $81.01, its highest since July 2024. Shipping costs for Middle East-to-China crude soared to over $450,000 a day. Chevron’s Israeli gas fields, including Leviathan and Tamar, were idled by Iranian strikes.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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Brent crude price leaps above $84 as Hormuz attacks rattle oil markets

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

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.
5 March 2026
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Gold price slides as dollar firms and Treasury yields climb, even with Middle East risk

Gold price slides as dollar firms and Treasury yields climb, even with Middle East risk

Spot gold dropped 1.2% to $5,075.54 an ounce by 1648 GMT Thursday as the dollar index rose 0.5% and U.S. 10-year Treasury yields hit a three-week high. The fall erased earlier gains driven by safe-haven demand amid escalating U.S.-Israeli airstrikes on Iran. Traders are watching Friday’s U.S. jobs report and the Fed’s March 18 policy decision. Spot silver fell 1.9% to $81.83.
5 March 2026
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

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.
5 March 2026
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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

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.
5 March 2026
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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

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.
5 March 2026
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Stock Market Today

  • Rockwell Medical Q4 Loss Beats on EPS, Misses Revenue Estimates
    March 26, 2026, 8:50 AM EDT. Rockwell Medical (RMTI) reported a fourth-quarter loss of 1 cent per share, better than the expected 4-cent loss but missed revenue estimates with $18.35 million, down from $24.67 million a year earlier. The company, which produces kidney disease and anemia treatment products, has missed consensus earnings per share (EPS) estimates for four consecutive quarters. Despite recent market outperformance, with shares up 24.8% this year against the S&P 500's 3.7% decline, Rockwell Medical holds a Zacks Rank #3 (Hold) indicating expected in-line market performance. The current quarter consensus EPS estimate sits at negative 1 cent on $18.7 million revenue, signaling cautious investor sentiment amid mixed earnings outlooks.
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