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Stock Market 6 March 2026

Samsara Stock Jumps After Earnings Beat, 2027 Outlook Tops Views

Samsara Stock Jumps After Earnings Beat, 2027 Outlook Tops Views

Samsara reported fourth-quarter revenue of $444.3 million, up 28%, and adjusted earnings of 18 cents per share, both above analyst estimates. The company forecast first-quarter revenue of $454 million to $456 million and fiscal 2027 revenue near $2 billion. Annual recurring revenue rose 30% to $1.89 billion. Samsara ended fiscal 2026 with 3,194 customers generating over $100,000 in ARR.
6 March 2026
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Zealand Pharma A/S shares plunge as petrelintide results trail Lilly in obesity race

Zealand Pharma A/S shares plunge as petrelintide results trail Lilly in obesity race

Zealand Pharma shares fell 32.53% to 249.10 Danish crowns by mid-morning Friday after new data for its obesity drug petrelintide disappointed investors, erasing about 8.3 billion crowns ($1.3 billion) in market value. A Phase 2 study showed up to 10.7% weight loss over 42 weeks, well below results seen with Eli Lilly’s rival drug. No vomiting or discontinuations due to gastrointestinal side effects were reported.
6 March 2026
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Marvell Technology, Inc Eyes Nearly $15 Billion Revenue as AI Demand Lifts Shares

Marvell Technology, Inc Eyes Nearly $15 Billion Revenue as AI Demand Lifts Shares

Marvell Technology forecast revenue could reach $15 billion by fiscal 2028, surpassing Wall Street estimates. Shares jumped 15% after the company projected first-quarter revenue above expectations and reported a 22% year-over-year increase for the January quarter. Data-center revenue rose 21% to $1.651 billion, making up 74% of total sales. Marvell expects revenue to near $11 billion in fiscal 2027.
6 March 2026
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Compass Group PLC Shares Jump as Investors Reassess AI Fears, 2026 Outlook Holds

Compass Group PLC Shares Jump as Investors Reassess AI Fears, 2026 Outlook Holds

Compass Group shares rose 3.18% to 2,306 pence Thursday, bucking a 1.5% drop in the FTSE 100. The company maintained its 2026 guidance for about 7% organic revenue growth and around 10% growth in underlying operating profit. AI-driven office demand remains a concern, with 20% of revenue tied to tech, professional, and financial clients. Compass completed its $1.7 billion Vermaat acquisition in December.
6 March 2026
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Rio Tinto seals $1.1 billion Pilbara desalination deal with WA government as water stress mounts (Rio Tinto)

Rio Tinto seals $1.1 billion Pilbara desalination deal with WA government as water stress mounts (Rio Tinto)

Rio Tinto and the Western Australian government have launched a A$1.1 billion joint venture to complete the Dampier Seawater Desalination Plant, aiming to supply 8 billion litres of water annually to the West Pilbara. Stage 1 is set to deliver water in late 2026, with Stage 2 following in 2027. The project targets water shortages after years of low rainfall and will serve over 10,000 homes and key industrial sites.
6 March 2026
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RELX PLC reiterates 2026 growth outlook as AI fears keep pressure on shares

RELX PLC reiterates 2026 growth outlook as AI fears keep pressure on shares

RELX PLC reaffirmed its 2026 growth forecast Thursday, citing broader AI use to boost customer value and earnings. Shares rose 2.74% to 2,623 pence after recent losses tied to concerns over generative AI competition. The company reported 2025 revenue of £9.59 billion and 10% constant-currency EPS growth, with strong performance in its Risk and Legal units. LexisNexis Risk Solutions announced new AI-powered fraud detection tools for U.S. hospitals.
6 March 2026
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Reckitt Benckiser Shares Sink as 2026 Margin Questions Overshadow Q4 Sales Beat

Reckitt Benckiser Shares Sink as 2026 Margin Questions Overshadow Q4 Sales Beat

Reckitt Benckiser shares fell 5.8% in London on Thursday, the steepest drop in 11 months, after the company declined to provide a 2026 margin target despite beating fourth-quarter sales estimates. Comparable sales rose 5.4% in the quarter, led by 17.2% growth in emerging markets, while Europe dropped 4.5%. The company warned of continued weakness in Europe and lower first-quarter demand for over-the-counter remedies.
6 March 2026
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HSBC Holdings Plc Executive Share Sale Puts Rally, Buyback Pause in Focus

HSBC Holdings Plc Executive Share Sale Puts Rally, Buyback Pause in Focus

HSBC Asia and Middle East co-CEO Surendra Rosha sold 308,400 shares for HK$43.2 million in Hong Kong on March 3, a filing showed. HSBC stock rose HK$1.30 to HK$135.20 in Hong Kong Friday. The bank reported 2025 pretax profit down 7% to $29.9 billion but beat consensus by $1 billion. HSBC will delay new buybacks until its core capital ratio recovers from the Hang Seng Bank take-private.
6 March 2026
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British American Tobacco p.l.c. Faces Fresh UK Shareholder Lawsuit Over North Korea Sanctions Fallout

British American Tobacco p.l.c. Faces Fresh UK Shareholder Lawsuit Over North Korea Sanctions Fallout

British American Tobacco faces a London High Court lawsuit from over 100 shareholders alleging it failed to disclose breaches of U.S. sanctions tied to its North Korea business. The suit follows BAT’s $635.2 million U.S. settlement in 2023 over tobacco sales to North Korea. BAT said it cannot comment due to a prior U.S. agreement. The claim’s value has not been disclosed.
6 March 2026
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Unilever PLC’s India Unit Exits Nutritionalab as Premium Growth Push Gains Pace

Unilever PLC’s India Unit Exits Nutritionalab as Premium Growth Push Gains Pace

Hindustan Unilever has sold its entire 19.8% stake in Nutritionalab for about 3.07 billion rupees, according to a March 4 filing. The sale follows board approval last month to exit Nutritionalab and acquire the remaining 49% of OZiva. HUL’s quarterly profit dropped 15% after price cuts and competition. Parent Unilever expects 2026 sales growth at the lower end of its target range.
6 March 2026
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South32’s 90% Base-Metals Bet Takes Shape as CEO Graham Kerr Pushes North America Pivot

South32’s 90% Base-Metals Bet Takes Shape as CEO Graham Kerr Pushes North America Pivot

South32 expects about 90% of its production to be in base metals within 18 months, outgoing CEO Graham Kerr told Financial Mail. Stephen Pearce became chair on March 1, and Matthew Daley is set to succeed Kerr as CEO later this year. The company posted first-half underlying earnings of $435 million, beating estimates. South32 will place its Mozal aluminium smelter in Mozambique into care and maintenance by March.
6 March 2026
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Wesfarmers fertiliser shock: CSBP flags delays as Iran war hits supply lines

Wesfarmers fertiliser shock: CSBP flags delays as Iran war hits supply lines

CSBP warned customers of possible delays to ammonium phosphate and urea shipments as the Iran war disrupts Persian Gulf supply routes. March fertiliser collections will proceed, but April and later contracts cannot be brought forward. Analysts say Strait of Hormuz disruptions are driving up global fertiliser prices. Australia imported 64% of its urea from the Gulf in 2025, with domestic stocks lasting only until mid-April without new imports.
6 March 2026
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Fortescue Ltd Directors Buy Shares After Profit Jump and Dividend Hike

Fortescue Ltd Directors Buy Shares After Profit Jump and Dividend Hike

Fortescue Ltd directors bought about A$114,664 in shares on Feb. 26, a day after reporting a 23% rise in half-year net profit to US$1.914 billion and raising its interim dividend. Lead independent director Larry Marshall purchased 4,930 shares for A$102,687.20. The moves come as China widens restrictions on some BHP cargoes and Fortescue pursues projects in Peru and Gabon not expected to produce until the next decade.
6 March 2026
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Stock Market Today

  • ASX Miners Face Diesel Cost Surge Amid Strait of Hormuz Closure
    March 24, 2026, 11:36 PM EDT. Australia's mining sector is confronting significant challenges as diesel prices soar 75% to nearly $3 per litre, fueled by the Iran-strained Strait of Hormuz closure disrupting 20% of global energy supply. With major diesel exporters like China halting shipments, brokers advise investors to favour miners with underground operations over open-cut projects. This preference reflects the greater fuel intensity of open-cut mining, rendering those stocks more vulnerable amid the surge. The sector's bear market deepens as operators grapple with rising input costs amid tight energy supply conditions.
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