56m yang lalu
Broadcom AVGO Soars Premarket as CEO Projects Over $100 Billion in AI Chip Revenue by 2027
On March 5, 2026, Broadcom shares climbed roughly 7% in premarket trading after CEO Hock Tan said the company expects AI chip revenue to surpass $100 billion in 2027. The outlook followed a record fiscal Q1 2026, with $19.3 billion in total revenue and AI semiconductor sales more than doubling year-over-year. AVGO traded around $340.60 in the premarket session, supported by a fresh $10 billion share repurchase plan and strong custom AI chip demand from major technology clients.
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56m yang lalu
22j yang lalu
SoFiUSD Stablecoin to Settle Mastercard Network Payments as SOFI Stock Climbs
SoFi Technologies' share price closed at $18.61 on March 3, 2026, after announcing an expanded partnership that will allow its SoFiUSD stablecoin to be used as a settlement option on Mastercard's global payments network. The company also disclosed that CEO Anthony Noto purchased roughly $1 million of SOFI stock in the open market, coinciding with a premarket rise to $19.23 on March 4. SoFiUSD, issued by SoFi Bank, N.A., is fully cash-reserved and is expected to support around-the-clock settlement for SoFi's card transactions.
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TUSD
TUSD+0.07%
22j yang lalu
23j yang lalu
Q4 Earnings: Dycom, Bath & Body Works, Abercrombie Top Estimates and Raise Forward Guidance
Dycom Industries, Bath & Body Works, and Abercrombie & Fitch all posted fourth‑quarter results that came in ahead of analyst expectations, with revenue and EPS generally beating forecasts. Dycom reported record contract revenue and EPS, Bath & Body Works delivered higher‑than‑guided profitability despite slightly lower sales, and Abercrombie achieved record quarterly and full‑year net sales. Each company also issued full‑year outlooks, with Dycom and Abercrombie projecting continued growth and Bath & Body Works guiding to lower sales but resilient earnings.
23j yang lalu
1h yang lalu
American Express boosts quarterly dividend to $0.95 as AXP shares trade 16.71% lower in 2026
On March 2, 2026, American Express' Board of Directors approved a 16% increase in its quarterly dividend, lifting the payout from $0.82 to $0.95 per share and setting an annualized dividend of $3.80. As of March 3, 2026, AXP stock trades near $307.43, down about 16.71% year-to-date despite double-digit earnings growth and a payout ratio of roughly 21.6%. The combination of dividend hikes, ongoing buybacks, and recent share-price weakness presents both opportunities and risks for income-oriented investors.
1h yang lalu
2h yang lalu
American Airlines AAL Extends Losses on March 3, 2026 as Middle East Turmoil Lifts Oil Prices
American Airlines Group Inc.'s AAL shares traded lower in premarket on March 3, 2026, after closing down 4.21% at $12.52 the prior session. The stock slipped to $12.06 before the open as military action in the Middle East triggered widespread flight disruptions and pushed Brent crude about 8% higher to $78.77 per barrel, pressuring airline margins and sentiment across the sector.
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2h yang lalu
2h yang lalu
Paramount Skydance Shares Drop as $110B Warner Bros. Deal Adds $79B Net Debt Load
Paramount Skydance Corporation stock moved lower after the company outlined financial terms of its $110 billion merger with Warner Bros. Discovery, which will leave the combined group with about $79 billion in net debt. Executives projected significant revenue, EBITDA and cost synergies for 2026 and ruled out cable asset sales, while the market focused on leverage metrics and integration risks. PSKY traded at $13.23, down 2.03%, as investors weighed valuation against the company's higher debt burden.
2h yang lalu
3-2
Lockheed Martin Jumps 7.21% Premarket After U.S. and Israel Launch Strikes on Iran
Lockheed Martin shares climbed sharply in premarket trading on March 2, 2026, after U.S. and Israeli forces carried out coordinated strikes on Iran, driving a broad rally in defense stocks. The stock traded at $702.00 before the open, up $47.23 or 7.21% from its prior close of $658.08, and has already moved above the one-year average analyst target of $657.58. Investors are positioning for the possibility of expanded U.S. military spending, with Lockheed posting a 36.06% year-to-date gain and a 51.74% one-year return.
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