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Stock Market 9 March 2026

Persimmon Plc Shares Slide Ahead of 2025 Results as UK Housebuilder Pressure Builds

Persimmon Plc Shares Slide Ahead of 2025 Results as UK Housebuilder Pressure Builds

Persimmon Plc shares dropped 5.5% to 1,223.5 pence on Monday ahead of its full-year results due March 10. The fall followed warnings from rivals Vistry and Taylor Wimpey about lower margins and profits amid rising build costs and weaker demand. Persimmon previously reported 2025 completions up 12% and expects profit at the upper end of forecasts. Investors await any update on its 2026 outlook.
London Stock Exchange Group launches ESG scores in growth push before EU rules bite

London Stock Exchange Group launches ESG scores in growth push before EU rules bite

London Stock Exchange Group launched new ESG scores and sustainability analytics, covering 16,000 companies and over 1 million bonds, ahead of the EU’s July 2026 ESG Rating Regulation. LSEG plans to seek ESMA authorisation this year. The product uses 220 indicators and a rules-based scoring system. The move follows a £3 billion buyback and ongoing pressure from activist investors for faster growth.
9 March 2026
Sunbelt Rentals Holdings starts $1.5 billion buyback after NYSE debut, buys 663,882 shares in first week

Sunbelt Rentals Holdings starts $1.5 billion buyback after NYSE debut, buys 663,882 shares in first week

Sunbelt Rentals Holdings repurchased 663,882 shares worth about £36.2 million between March 2 and March 6, its first buyback after moving its main listing to New York. The shares were bought on the London Stock Exchange and will be held in treasury. Sunbelt’s NYSE shares rose 1.25% to $75.36 on Monday. The company’s next earnings call is set for March 12.
Unilever PLC Shares Slip as Oil Shock Revives 2026 Growth Doubts After Magnum Spin-Off

Unilever PLC Shares Slip as Oil Shock Revives 2026 Growth Doubts After Magnum Spin-Off

Unilever shares fell 0.64% to 4,903.5 pence in London on Monday amid a Europe-wide selloff triggered by oil prices surging over 25% to nearly $120 a barrel. The company last month warned 2026 sales growth would likely hit the bottom of its 4%-6% target range after weak results in Europe and the U.S. Developed markets make up 41% of turnover; fourth-quarter sales growth slowed to 0.1% in Europe.
9 March 2026
Standard Chartered Pushes Ahead With $1.5 Billion Buyback After Profit Miss, CFO Exit

Standard Chartered Pushes Ahead With $1.5 Billion Buyback After Profit Miss, CFO Exit

Standard Chartered bought back 892,954 shares on March 6 as part of its $1.5 billion repurchase plan, spending $111.4 million so far. The bank’s shares fell 1.4% to 1,617 pence Monday amid broader market declines. CFO Diego De Giorgi left in February, with Peter Burrill named interim replacement. The buyback is expected to reduce the bank’s CET1 ratio by about 58 basis points.
9 March 2026
Barclays PLC Shares Stay Under Pressure as MFS Fallout Meets Oil Shock

Barclays PLC Shares Stay Under Pressure as MFS Fallout Meets Oil Shock

Barclays shares fell 2.86% Monday as investors assessed its £495 million exposure to failed lender Market Financial Solutions and a surge in oil prices hit UK assets. The FTSE 100 and FTSE 250 both closed at five-week lows. Barclays declined to comment on regulatory scrutiny over its MFS exposure. Santander and other European banks also saw losses as crude oil jumped over 25% to nearly $120 a barrel.
BP PLC Shares Rise as Oil Prices Spike, but Traders Still Bet the Windfall Fades

BP PLC Shares Rise as Oil Prices Spike, but Traders Still Bet the Windfall Fades

BP shares rose 2.2% in London Monday as Brent crude briefly hit $119.50 a barrel, the highest since 2022, following the U.S.-Israeli war on Iran and disruption in the Strait of Hormuz. BP paused its $750 million share buyback last month to focus on debt reduction, with net debt at $22 billion. Global bonds fell as traders shifted from expecting Bank of England rate cuts to a possible hike by December.
Rolls-Royce Holdings plc Expands Poland Defence Bet With PGZ as Europe Rearms

Rolls-Royce Holdings plc Expands Poland Defence Bet With PGZ as Europe Rearms

Rolls-Royce Holdings signed a preliminary agreement with Poland’s PGZ to expand work on propulsion systems for military vehicles and naval vessels. The companies did not disclose financial terms, and the deal falls short of a firm order. The move comes as Poland seeks to access €43.7 billion in EU military loans and European arms imports surge, according to SIPRI data. Rolls-Royce’s mtu engines already power Polish military vehicles, including the new Borsuk.
9 March 2026
BlackRock Fund Curbs Rattle Banks and Property Trades as Standard Motor Products Draws Bottom-Fishing Calls

BlackRock Fund Curbs Rattle Banks and Property Trades as Standard Motor Products Draws Bottom-Fishing Calls

BlackRock capped withdrawals from its $26 billion private-credit fund after requests topped $1.2 billion, deepening stress in property-linked trades despite a late Wall Street rebound. Fitch said U.S. private-credit defaults hit a record 9.2% in 2025. Wells Fargo fell 2% and Bank of America dropped 1.5%. BlackRock shares closed up 0.3% after earlier losses.
Opendoor Stock Swings After 4.99% Mortgage Offer Raises Fresh 2026 Profit Questions

Opendoor Stock Swings After 4.99% Mortgage Offer Raises Fresh 2026 Profit Questions

Opendoor Technologies shares fluctuated Monday as the company launched a 4.99% mortgage offer, below the 6% U.S. average. The rate applies only to buyers on its platform and is in beta, CEO Kaz Nejatian said. Opendoor reported a $1.3 billion net loss for 2025 and $1.1 billion in asset-backed debt. Analysts flagged risks to margins if home prices fall or funding remains expensive.
UiPath Stock Slips Ahead of Earnings as AI Bet Faces a March 11 Test

UiPath Stock Slips Ahead of Earnings as AI Bet Faces a March 11 Test

UiPath shares fell 0.8% to $11.77 Monday ahead of its fourth-quarter earnings report due March 11. Investors are watching for signs that new AI agent tools could impact UiPath’s core business and pricing power. Analysts expect $464.8 million in revenue and 25 cents a share. UiPath recently acquired WorkFusion and launched new healthcare products to expand its AI offerings.
Micron Technology rises as analysts look past Nvidia Vera Rubin HBM4 setback

Micron Technology rises as analysts look past Nvidia Vera Rubin HBM4 setback

Micron Technology shares climbed 2.3% Monday after Citi and Susquehanna raised price targets ahead of March 18 earnings. Reports said Nvidia’s Vera Rubin AI system will use HBM4 memory from Samsung and SK Hynix, not Micron, though Micron is expected to supply chips for mid-tier Rubin CPX models. The stock traded at $378.78 in afternoon trade.
NIO Inc Earnings Preview: China EV Maker Faces Crucial Margin Test After Rare Profit Alert

NIO Inc Earnings Preview: China EV Maker Faces Crucial Margin Test After Rare Profit Alert

NIO will report fourth-quarter and full-year 2025 results before U.S. markets open Tuesday, after forecasting its first quarterly adjusted operating profit of 700 million to 1.2 billion yuan. February deliveries jumped 57.6% year-on-year to 20,797 vehicles. NIO recalled 246,229 vehicles in February over a software issue. Shares closed at $4.87 on Monday.
Bank of America Says U.S. Art Market Rebounded 23% as Wealthy Buyers Returned

Bank of America Says U.S. Art Market Rebounded 23% as Wealthy Buyers Returned

U.S. art auction sales at Christie’s, Sotheby’s, and Phillips rose 23% in 2025 to $3.17 billion, Bank of America reported, marking the first annual increase since 2022. The rebound was led by historical and established artists, with the U.S. accounting for 69% of global auction value. Fewer works sold, but a higher share found buyers, and guarantees hit a decade high. Bank of America shares fell 3.1% in afternoon trading.
9 March 2026
Wall Street Shaken by $100 Oil: Dow Drops, Airlines Slide, Rate-Cut Bets Pushed Out

Wall Street Shaken by $100 Oil: Dow Drops, Airlines Slide, Rate-Cut Bets Pushed Out

The Dow fell 0.84% as oil prices swung near $100 after briefly topping $119 on U.S.-Israeli hostilities with Iran. Airlines, cruise operators, and major banks dropped, while chip stocks rebounded, leaving the Nasdaq nearly flat. G7 officials declined to release emergency oil reserves, citing no immediate supply shortfall. The Russell 2000 slid 1.2%, nearing correction territory.
UK stock market today: FTSE 100 pares early slump as oil shock hits London shares

UK stock market today: FTSE 100 pares early slump as oil shock hits London shares

FTSE 100 closed down 0.3% and FTSE 250 fell 1.6% after Brent crude surged over 25% to $119.50 a barrel amid the U.S.-Iran war. UK gilt yields jumped as traders shifted bets toward a possible Bank of England rate hike. Sterling weakened, while energy stocks like Shell and BP rose. Homebuilders and property shares led declines, with Persimmon down 5.5%.
Petrobras Shares Jump as Oil Surge Renews Extra Dividend Talk

Petrobras Shares Jump as Oil Surge Renews Extra Dividend Talk

Petrobras shares rose 4.3% Monday as oil prices hit their highest since mid-2022, following a fourth-quarter net profit of 15.6 billion reais. Finance chief Fernando Melgarejo said extra dividends are unlikely this year despite the price rally. Oil production in Brazil reached 2.5 million barrels per day, up 20% from a year earlier. CEO Magda Chambriard said Petrobras is not considering expansion into Venezuela.

Stock Market Today

  • Micron Stock Hits Record High at $818, Faces Volatility Amid AI Demand Uncertainty
    May 16, 2026, 11:43 AM EDT. Micron Technology (MU) surged to an all-time high of $818.67, marking nearly a 700% rise from its 52-week low of $90.93. The spike reflects investor optimism over AI-driven memory demand but faces sharp sell-offs, including an 11% drop post-peak. Analysts show mixed targets with Deutsche Bank and DA Davidson at $1,000, Bank of America at $950, while TIKR's model suggests a midrange target around $539, implying potential downside. Micron's management highlights ongoing supply constraints for its Gen6 SSD and profitable high-bandwidth memory sales, underscoring strong but uncertain future demand. The stock's volatility reflects the broader semiconductor sector's challenge in balancing supply with surging AI-driven memory requirements. Investors remain cautious as market pricing adjusts to evolving fundamentals.

Latest articles

Monday Test Ahead for Berkshire After Abel’s $24 Billion Portfolio Move

Monday Test Ahead for Berkshire After Abel’s $24 Billion Portfolio Move

16 May 2026
Berkshire Hathaway disclosed a $2.65 billion stake in Delta Air Lines and new positions in Macy’s and Alphabet, while exiting Amazon, UnitedHealth, Visa, and Mastercard, according to its May 15 SEC filing. Berkshire’s Class B shares closed Friday at $482.70, down 0.3% for the day but up 1.4% for the week. Delta and Macy’s rose in after-hours trading. The filing was released after the market closed.
Hyliion Stock Surges Almost 90% This Week; Monday Trading Could Set Next Move

Hyliion Stock Surges Almost 90% This Week; Monday Trading Could Set Next Move

16 May 2026
Hyliion shares surged 26.6% Friday to $4.67, up nearly 90% over five sessions after its Q1 report showed $2.8 million in revenue and a narrower loss. The company highlighted progress on its KARNO power module, including UL safety testing and non-binding letters of intent for nearly 750 units. U.S. equity markets are closed until Monday.
NuScale Shares Face Key Monday After Friday’s Slide

NuScale Shares Face Key Monday After Friday’s Slide

16 May 2026
NuScale Power shares dropped 6.88% Friday to $11.23, ending the week down 10.5%. Citi cut its price target to $7 and maintained a Sell rating, while Northland trimmed its target to $19 and kept Outperform. First-quarter revenue fell to $565,000 from $13.4 million a year earlier, with net loss widening to $46.7 million. U.S. equity markets reopen Monday after the weekend closure.
Tema’s NASA ETF in Focus As SpaceX IPO Buzz Builds

Tema’s NASA ETF in Focus As SpaceX IPO Buzz Builds

16 May 2026
Tema Space Innovators ETF fell 3.9% to $34.51 Friday but gained 7.5% for the week. The fund holds $707.3 million in assets, with Rocket Lab and SpaceX SPV among top positions. Reuters reported SpaceX may file for a Nasdaq IPO as soon as next week, targeting a $1.75 trillion valuation. SpaceX shareholders approved a 5-for-1 stock split, effective the week of May 18.
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