Today: 28 March 2026
Subscribe

Khadija Saeed

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

Amazon stock slips after Italy tax probe; $200B AI bill still hangs over AMZN

Amazon stock slips after Italy tax probe; $200B AI bill still hangs over AMZN

Amazon shares fell 0.9% to $202.34 after Italian tax police searched its Milan office and homes of seven managers in a new tax probe, Reuters reported. The stock has dropped 16% in February, erasing about $400 billion in value. Amazon recently agreed to pay €510 million to settle a separate Italian tax dispute. The company was not immediately available for comment.
12 February 2026
··
Micron stock climbs on HBM4 shipping update as AI memory race heats up

Micron stock climbs on HBM4 shipping update as AI memory race heats up

Micron shares jumped 5% to $429.11 Thursday after the company said it is shipping HBM4 memory to customers. CFO Mark Murphy told investors demand far exceeds supply and expects tight conditions beyond 2026. Samsung and SK Hynix also announced HBM4 shipments. Analysts raised price targets, citing AI-driven demand and capacity constraints.
12 February 2026
····
Meta stock slips as $10 billion Indiana AI data center plan collides with Ackman’s new stake

Meta stock slips as $10 billion Indiana AI data center plan collides with Ackman’s new stake

Meta shares fell nearly 1% to $662.15 Thursday morning after the company broke ground on a $10 billion, 1-gigawatt data center in Lebanon, Indiana. Bill Ackman’s Pershing Square disclosed a $2 billion Meta stake acquired late last year. Meta expects capital expenditures to rise to $115–$135 billion in 2026, up from $72.22 billion in 2025, driven by AI infrastructure spending.
12 February 2026
···
Nvidia stock price ticks up as AI cloud spending jumps and China chip politics shift

Nvidia stock price ticks up as AI cloud spending jumps and China chip politics shift

Nvidia shares rose 0.7% to $191.36 Thursday morning, reaching an intraday high of $193.55. Nebius Group reported increased capital spending on Nvidia-powered data centers, including a planned 240-megawatt site in France. Samsung began shipping HBM4 chips for AI accelerators. U.S. lawmakers signaled openness to some Nvidia chip sales to China but maintained restrictions on newer models.
12 February 2026
···
Air Canada orders 8 Airbus A350-1000 jets, with option for 8 more as long-haul fleet shifts

Air Canada orders 8 Airbus A350-1000 jets, with option for 8 more as long-haul fleet shifts

Air Canada ordered eight Airbus A350-1000 jets and secured purchase rights for eight more, with deliveries starting in the second half of 2030. Airbus said the order was initially listed as “undisclosed” in November 2025. The agreement could reach about $3 billion if all options are exercised. Air Canada expects the new aircraft to cut fuel use by up to 25% compared to older jets.
12 February 2026
·
Uber stock slides toward $71 after hours as Baidu robotaxi Dubai launch, Lyft stumble keep traders wary

Uber stock slides toward $71 after hours as Baidu robotaxi Dubai launch, Lyft stumble keep traders wary

Uber shares fell 3.4% to $71.01 in late after-hours trading Wednesday, pressured by a sharp drop in rival Lyft after weak ride metrics. Uber and Baidu said Apollo Go autonomous ride-hailing will launch on Uber’s app in Dubai within a month. Lyft shares dropped 13%. Uber also agreed to buy Getir’s Türkiye food delivery business for $335 million.
12 February 2026
···
Decent Holding (DXST) stock price jumps 80% on huge volume as lock-up ends, reverse split vote nears

Decent Holding (DXST) stock price jumps 80% on huge volume as lock-up ends, reverse split vote nears

Decent Holding Inc shares surged about 80% to $0.31 in after-hours trading Wednesday, with volume over 307 million shares. The move comes as the company seeks shareholder approval for a reverse stock split to meet Nasdaq listing standards. Lock-up expirations on over 16 million shares also hit this week. Decent recently switched audit firms, naming YCM CPA Inc. effective Dec. 15, 2025.
12 February 2026
·
QXO stock jumps after-hours on $2.25 billion Kodiak deal

QXO stock jumps after-hours on $2.25 billion Kodiak deal

QXO shares surged 16.6% in after-hours trading to $27.06 after announcing a $2.25 billion cash-and-stock deal to acquire Kodiak Building Partners. The agreement, signed Feb. 10, expands QXO into lumber and structural products and is subject to antitrust review and Kodiak’s audited 2025 results. Investors await regulatory clearance and QXO’s annual report on Feb. 26 for further details.
12 February 2026
·
Solv Energy stock jumps 23% after Nasdaq IPO debut — what to watch next for MWH

Solv Energy stock jumps 23% after Nasdaq IPO debut — what to watch next for MWH

SOLV Energy’s Class A shares closed at $30.67, up 22.7% from the $25 IPO price, after debuting on Nasdaq under “MWH.” The company raised $512.5 million by selling 20.5 million shares, valuing it at about $5 billion. The IPO is expected to close Feb. 12, with Jefferies and J.P. Morgan as lead underwriters. The offering was more than 10 times oversubscribed, IFR reported.
12 February 2026
···
Teradata (TDC) stock jumps 29% after hours as board pact, upbeat 2026 outlook lift shares

Teradata (TDC) stock jumps 29% after hours as board pact, upbeat 2026 outlook lift shares

Teradata shares jumped 29% to $37.88 in after-hours trading Wednesday after announcing a board deal with activist investor Lynrock Lake and raising its 2026 outlook. The company reported Q4 revenue of $421 million, up 3%, and forecast 2026 annual recurring revenue growth of 2% to 4%. UBS raised its price target to $36, citing the ARR guidance. Investors await Thursday’s session to gauge follow-through.
12 February 2026
··
Heineken’s 6,000 job cuts: brewer tightens costs, leans on AI as beer demand softens

Heineken’s 6,000 job cuts: brewer tightens costs, leans on AI as beer demand softens

Heineken will cut 5,000 to 6,000 jobs worldwide over two years to achieve €400–500 million in annual gross savings under its EverGreen 2030 plan. The brewer forecasts 2026 operating profit growth of 2% to 6% after a 4.4% rise in 2025. Total volume fell 1.2% last year. The company is also searching for a new CEO after Dolf van den Brink announced he will step down in May.
12 February 2026
·
Astera Labs stock plunges 21% after Amazon warrant deal clouds margin outlook

Astera Labs stock plunges 21% after Amazon warrant deal clouds margin outlook

Astera Labs shares fell 21.4% to $143.71 after disclosing Amazon-linked warrants tied to up to $6.5 billion in future purchases, which CFO Mike Tate said will hit gross margins by about two points per quarter. Tate will retire as CFO on March 2, with Desmond Lynch named successor. Fourth-quarter revenue rose 92% to $270.6 million, beating estimates. The company forecast March-quarter revenue above analyst expectations.
12 February 2026
···
Micron stock price jumps nearly 10% after CFO says HBM4 shipments have started

Micron stock price jumps nearly 10% after CFO says HBM4 shipments have started

Micron shares jumped 9.9% to $410.34 in after-hours trading Wednesday after CFO Mark Murphy said customer shipments of HBM4 memory have begun. Morgan Stanley and Deutsche Bank raised their price targets, citing tight DRAM supply and AI demand. Murphy told the Wolfe conference HBM4 is ramping ahead of schedule and demand from cloud companies is strong.
12 February 2026
···
IBM stock price slides 6.5% as AI disruption jitters hit software — what investors watch next

IBM stock price slides 6.5% as AI disruption jitters hit software — what investors watch next

IBM shares fell 6.5% to $272.81 Wednesday, the biggest drop on the Dow, before edging up 0.2% after hours. The decline followed a strong U.S. jobs report that dampened hopes for quick Fed rate cuts and hit software stocks amid fresh AI disruption concerns. IBM had just announced a new FlashSystem storage lineup using AI agents. Confluent, which IBM is acquiring for $11 billion, reported 21% revenue growth.
12 February 2026
··
1 … 85 86 87 88 89 … 724

Stock Market Today

  • Lennar Stock Faces Persistent Sell Signals Testing Support Near $90
    March 28, 2026, 6:03 AM EDT. Lennar's stock (LEN) trades at $90.25, well below key moving averages including SMA-20 ($97.26), SMA-50 ($108.12), and SMA-200 ($117.56), reflecting sustained downward pressure across all timeframes. Major technical indicators like MACD, ADX, RSI, and CCI signal strong bearish momentum and sell signals, with the stock near its recent weekly low of $89.64. Expected trading range for the coming week is $88.50-$92.50 amid negative market sentiment. A break below $89 could lead to further declines, while the $97-$104 zone acts as resistance. Lennar's ongoing digital strategy updates, including contributions from eMarketing Specialist Christine Enberg, remain areas for investor attention as the company seeks growth amid these headwinds.
Go toTop