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Stock Market 4 March 2026

Pinterest stock jumps as Elliott puts $1 billion behind a new $3.5 billion buyback

Pinterest stock jumps as Elliott puts $1 billion behind a new $3.5 billion buyback

Pinterest on Tuesday announced a $1 billion strategic investment deal with activist investor Elliott Investment Management, while also rolling out a newly authorized $3.5 billion share repurchase program. The company expects to carry out roughly $2 billion in buybacks during the first half of 2026, splitting that between a $1 billion accelerated repurchase and additional buys on the open market.
4 March 2026
Atlassian rolls out new Government Cloud migration tools as an on‑prem deadline looms

Atlassian rolls out new Government Cloud migration tools as an on‑prem deadline looms

Atlassian introduced a guided migration flow, giving eligible admins the ability to move data from Jira and Confluence sites in its commercial cloud into Atlassian Government Cloud, according to the latest cloud release notes. The company also updated Government Cloud sign-in policies; now admins can configure idle-session and session-expiration limits, unlocking options beyond the previous fixed 24-hour window.
4 March 2026
Micron touts a first-of-its-kind 256GB AI server memory module as MU stock slides

Micron touts a first-of-its-kind 256GB AI server memory module as MU stock slides

Micron Technology on Tuesday announced it’s now sampling what it bills as the industry’s highest-capacity low-power DRAM module, a 256GB SOCAMM2, aimed squarely at AI data centers feeling the pinch from power and heat constraints. “Micron’s 256GB SOCAMM2 offering enables the most power-efficient CPU-attached memory solution,” said Raj Narasimhan, senior vice president and general manager for the company’s Cloud Memory Business Unit. Nvidia’s Ian Finder, head of Product for Data Center CPUs, called the new module “enabling the next generation of AI CPUs.”
Wix earnings jolt WIX stock: $250m Durable deal, buyback fast-track and 2026 outlook

Wix earnings jolt WIX stock: $250m Durable deal, buyback fast-track and 2026 outlook

Wix.com Ltd announced plans Wednesday to raise as much as $250 million via a private placement spearheaded by Durable Capital Partners. The company released its fourth-quarter numbers and offered an early 2026 outlook, which puts AI offerings front and center. Wix shares climbed roughly 6% in after-hours action at 5:06 a.m. Eastern. https://www.globenewswire.com/news-release/2026/03/04/3249129/0/en/Wix-Reports-Fourth-Quarter-and-Full-Year-2025-Results.html https://www.marketbeat.com/earnings/reports/2026-3-4-wixcom-ltd-stock/
Adidas stock drops 7% on softer 2026 profit outlook as CEO Gulden gets 2030 extension

Adidas stock drops 7% on softer 2026 profit outlook as CEO Gulden gets 2030 extension

Adidas AG shares fell as much as 7% on Wednesday after the group forecast 2026 operating profit of around 2.3 billion euros, below market expectations. Adidas blamed U.S. import tariffs and a weaker dollar, and said CEO Bjorn Gulden—brought in in 2023 after the company cut ties with rapper Ye—would stay on through 2030 as billionaire Nassef Sawiris was lined up to take the chair.
4 March 2026
Oil prices spike past $84 as Iran war shuts Hormuz, rattles global stocks

Oil prices spike past $84 as Iran war shuts Hormuz, rattles global stocks

Oil climbed over 3% Wednesday, with Brent crude hitting $84.07 per barrel and U.S. West Texas Intermediate settling at $76.80. The U.S.-Israeli war on Iran hit Middle East supply lines hard, forcing tanker traffic to a halt at the Strait of Hormuz. “The primary near-term driver for oil prices remains the US-Iran conflict,” OANDA’s Kelvin Wong said. U.S. President Donald Trump suggested Navy escorts for commercial vessels, but that didn’t calm the market.
LSEG stock dips in London after buyback update — what investors watch next

LSEG stock dips in London after buyback update — what investors watch next

London Stock Exchange Group plc fell 1.9% to 8,390 pence as of 0901 GMT on Wednesday, after it kicked off another share buyback program. On March 3, the company picked up 607,615 shares at an average price of 8,594.76 pence each, spending about 52 million pounds. Those shares, LSEG said, will be cancelled. Once the move is complete, the group’s total voting rights will shrink to 504.7 million.
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