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Alibaba CEO Takes Command of New AI Task Force to Accelerate Open-Source Strategy
Alibaba established a special task force to accelerate foundational AI model development. CEO Eddie Wu, Group CTO Wu Zeming, and Alibaba Cloud CTO Zhou Jingren...
AWS Launches Amazon Connect Health to Tackle Healthcare Administrative Burden
Amazon Web Services (AWS) launched Amazon Connect Health, a suite of AI-powered tools for the healthcare industry. The move marks a strategic expansion into...
ARK Invest Acquires $387M BitMine Stake as Company’s Crypto Treasury Hits $9.9B
ARK Investment Management LLC acquired 7,469,813 shares of BitMine Immersion Technologies, Inc. (BMNR) according to a recent SEC filing. The investment is...
Berkshire Hathaway Resumes Buybacks to Deploy $373 Billion Cash Pile After Stock Slide
Berkshire Hathaway resumed repurchasing its Class A and Class B shares on March 4, 2026. The company disclosed the move in a Form 8-K filing on March 5....
JP Morgan Reiterates "Buy" Rating on Shell
JPMorgan analyst Matthew Lofting reaffirmed a "Buy" rating for Shell PLC. The price target remains GBX 3600. Morgan Stanley is executing a share buyback...
Ford Recalls 616,000 U.S. Vehicles Over Critical Wiper and Driveshaft Failures
Ford Motor Company has initiated two separate recalls in the United States affecting over 616,000 vehicles. The National Highway Traffic Safety Administration...
Circle (CRCL) Rallies as Clarity Act Progress and Bitcoin Surge Drive 30% Weekly Gain
Shares of Circle (CRCL) climbed on March 5, 2026, amid a broader surge in cryptocurrency-linked equities. Market optimism is centered on the reported nearing...
Intel Eyes Billions in Annual Packaging Deals and Opens 18A Node to External Clients
Intel CFO David Zinsner announced at a Morgan Stanley conference that the company’s foundry division is nearing advanced packaging deals worth billions of...
Indonesia Warns Meta Over Low Compliance on Online Gambling and Disinformation
Indonesia’s Ministry of Communications and Digital Affairs issued a stern warning to Meta Platforms regarding the spread of online gambling and disinformation....
Morgan Stanley Taps Coinbase and BNY Mellon to Anchor Proposed Bitcoin ETF
Morgan Stanley named Coinbase Custody as a custodian for its proposed Bitcoin Trust ETF, according to an updated S-1 filing with the U.S. Securities and...
Cathie Wood’s ARK Invest Signals Bullish Metaverse Stance with $11.9M Roblox Purchase
Cathie Wood’s ARK Invest purchased 176,884 shares of Roblox Corp. (RBLX) on March 4, 2026. The transaction carries an approximate value of $11.9 million. ARK...
NVIDIA Abandons China-Bound H200 Production to Fast-Track Next-Gen Vera Rubin Architecture
NVIDIA halted production of H200 AI chips designed for the Chinese market following persistent U.S. and Chinese export controls. The company is reallocating...
Exxon Mobil to Assess Venezuela Return Following US Backing and Political Shift
Exxon Mobil will deploy a technical team to Venezuela within weeks to evaluate a potential return to the nation’s energy sector. The move follows a change in...
FAA Caps O’Hare Flights After American Accuses United of Reckless Scheduling
American Airlines has accused United Airlines of reckless scheduling practices at Chicago O'Hare International Airport. American claims United is...
Chevron CEO Sells $51M in Stock as Bank of America Raises Price Target
Chevron CEO Michael Wirth sold 272,624 shares of company stock on Monday, March 2nd. The transaction yielded approximately $51.62 million at an average price...
Amazon and Tech Giants to Pay Higher Power Rates to Shield Consumers from AI Costs
Amazon, Microsoft, Google, and Meta have entered a voluntary agreement with the Trump administration to prevent AI data center energy demands from increasing...
Nvidia Halts China-Specific Chip Production to Prioritize Next-Gen Vera Rubin AI Amid Trade Barriers
Nvidia has reportedly stopped production of chips designed specifically for the Chinese market in response to persistent regulatory and trade barriers. The...
Morningstar Slashes Intuit’s Moat Rating to Narrow as AI Threatens Competitive Edge
Morningstar lowered Intuit’s economic moat rating from wide to narrow. The firm cited increased uncertainty regarding artificial intelligence and its potential...
Robinhood Targets Wealthy Families with $695 Platinum Card as Stock Jumps 8%
Robinhood announced a major service expansion at its Take Flight event to become a comprehensive financial platform for families. The company introduced trust...
CoStar CEO Buys Thousands of Shares to Defy Activists and 28% YTD Stock Slump
CoStar Group CEO Andrew Florance and other senior executives purchased thousands of company shares to signal confidence in the firm's current strategy. The...