Today: 3 March 2026

Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

SMX stock price nearly doubles after $250 million equity-line expansion — what to watch before Monday

SMX stock price nearly doubles after $250 million equity-line expansion — what to watch before Monday

SMX shares surged 89.6% to $15.83 Friday after the company expanded its standby equity purchase agreement with Target Capital 1 LLC to $250 million. The Nasdaq-listed stock traded nearly 39 million shares amid volatility. SMX disclosed it has drawn $8.9 million so far and will continue issuing shares. Focus turns to dilution risk and trading when markets reopen Feb. 9.
7 February 2026
Amazon stock slides as $200B AI spending plan meets cautious profit outlook

Amazon stock slides as $200B AI spending plan meets cautious profit outlook

Amazon shares fell 9% Friday after the company announced plans for $200 billion in 2026 capital spending, mainly for AWS and AI, and issued a first-quarter profit outlook below estimates. The stock drop could erase $200 billion in market value. Fourth-quarter net sales rose 14% to $213.4 billion, while free cash flow declined due to higher spending on AI infrastructure.
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