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Netflix Shares Gain Amid Warner Bid Battle, Regulatory Scrutiny
Netflix shares advanced Thursday, extending gains as investors assess a competitive bidding war for Warner Bros Discovery assets against Paramount. Regulatory and political scrutiny mounts ahead of a key shareholder vote.
Amazon Shares Dip Amid Reports of Potential $50 Billion OpenAI Investment
Amazon shares declined 1.4% to $207.81 Thursday morning following reports the company may invest up to $50 billion in OpenAI. The deal could include $15 billion upfront and $35 billion contingent on milestones like an IPO or achieving artificial general intelligence.
IonQ Shares Surge on Upgraded Revenue Forecast and European Quantum Network Deal
IonQ shares jumped roughly 19% following an improved 2026 revenue forecast and the launch of a national quantum key distribution network in Romania.
Broadcom Shares Slide as Chip Sector Stumbles Post-Nvidia Report
Broadcom shares dropped 6.8% in early trading, tracking a broader chip stock decline after Nvidia's earnings failed to lift the sector. The company has outlined a 2027 target for 3D stacked chips.
Apple Shares Retreat on Manufacturing Shift and China Risk Vote
Apple shares declined approximately 1% to $271.41 in Thursday morning trading, ending a two-day advance. The move followed a shareholder vote rejecting a report on China supply-chain risks and news of expanded U.S. manufacturing.
Salesforce Shares Gain on Expanded Buyback, AI Revenue Hits $800M
Salesforce shares advanced Thursday following an increased share repurchase authorization and dividend, with investors focusing on the company's $800M annual AI revenue.
AMD Shares Dip on Strategic AI Partnerships with Meta and Nutanix
AMD shares declined 2.6% to $205.31 as investors assessed new multi-year AI partnerships with Meta and Nutanix, including significant financial commitments and a potential equity stake for Meta.
Microsoft Shares Rebound Amid AI Investment and Regulatory Scrutiny
Microsoft shares gained about 1% to $404.50 in early Thursday trading, recovering from a significant year-to-date decline. The move follows a major AI investment, regulatory action in Japan, and upcoming White House discussions on data center energy costs.
Pattern Group Stock Recovers from 52-Week Low Ahead of Key Earnings, Lock-Up Expiry
Pattern Group shares rose 1.7% to $10.89, recovering from a 52-week low of $8.92. The stock remains 22% below its $14 IPO price as the market anticipates earnings on March 5 and a lock-up expiry on March 9.
SanDisk Shares Rebound on CEO's Multi-Year Data Center Contract Strategy
SanDisk shares gained 3.5% Thursday morning as CEO David Goeckeler detailed a strategic pivot toward multi-year contracts with data center customers, helping the stock recover from a recent short-seller-driven decline.
Resideo Shares Retreat After Sharp Rally as 2026 Outlook and Spin-Off Plan Scrutinized
Resideo Technologies shares pulled back in early trading Thursday, giving back a portion of the previous session's 14% surge. The move follows the company's release of its first comprehensive 2026 financial outlook and details on its planned business separation.
Fermi Secures Key Texas Permit for 6-GW Project Matador
Fermi Inc. has obtained the final air-quality permit from Texas regulators for its 6-gigawatt Project Matador, allowing major construction to proceed. The stock edged lower premarket as investors also monitor a March 6 securities lawsuit deadline and a March 30 earnings call.