Constellation Software Q4 profit tumbles 61% despite revenue jump as Asseco charge bites
Constellation Software’s Q4 net income attributable to common shareholders dropped 61% to $110 million, hit by
Walmart vs BJ’s Wholesale Stock: Why Investors Still Favor the Pricier Retail Bet
Walmart shares fell 0.7% and BJ’s dropped 1.3% by 10:10 a.m. EDT Monday amid a broad Wall Street selloff. Walmart’s quarterly revenue rose 5.6% and operating income jumped 10.8%, while BJ’s matched
Glencore plc Moves to Back $1.4 Billion ERG Stake Bid as Kazzinc Talks Advance
Glencore is backing Shakhmurat Mutalip’s $1.4 billion bid for a 40% stake in Eurasian Resources Group, according to the Financial Times. The
Lloyds Banking Group plc leads race for Aegon UK business as wealth push accelerates, report says
Lloyds Banking Group is leading the auction for Aegon’s UK business, valued at £1–1.5 billion, with final bids due next month and
CSL Limited Wins Canada Pandemic Vaccine Contract as Buyback Tops 4 Million Shares
CSL’s Seqirus unit has secured a Canadian government contract to supply up to 15 million pandemic flu vaccine doses from its Tullamarine
Woodside Energy filing shows fresh executive share rights — here’s who got them
Woodside Energy issued 643,995 unquoted equity rights to executives, including acting CEO Liz Westcott, under incentive plans, according to an ASX filing.
Lloyds tipped as front-runner for Aegon UK business as bidders circle
Lloyds is leading the first round of bids for Aegon’s UK business, valued at £1–1.5 billion, according to Financial News. Phoenix Group and Canada Life also submitted offers, with final bids due next month. Lloyds disclosed a new share buyback, purchasing over 20 million shares at an average 98 pence each. Aegon began reviewing its UK unit as it shifts focus to the U.S.
GOOG stock price drops as oil spikes on Middle East conflict; what to watch for Alphabet next
Alphabet’s Class C shares fell 2.4% to $304.06 Monday as oil surged over 8% on renewed Middle East tensions, sending volatility to
Woodside Energy stock jumps to 19-month high on profit beat — dividend dates and LNG stake sale in focus
Woodside Energy shares rose 2.6% after 2025 underlying profit reached US$2.65 billion, beating estimates. The company declared a final dividend of 59
JPMorgan Chase stock price today: JPM edges up as ECB fine, Trump case and insider sale hit the tape
JPMorgan Chase shares rose 0.2% to $308.60 Friday as the S&P 500 and Nasdaq climbed after the U.S. Supreme Court struck down
Plug Power stock edges up premarket: why the share-doubling vote has PLUG traders watching dilution
Plug Power shares rose 0.5% to $1.87 in premarket trading after shareholders approved doubling authorized common stock to 3 billion. The amendment
Dow Jones Today: Index Slides as Oil Shock Revives Inflation Fears
NEW YORK, March 9, 2026, 1:14 PM EDT The Dow Jones Industrial Average fell 321.95 points, or 0.68%, to 47,179.60 on Monday, while the S&P 500 lost 0.35% and the Nasdaq Composite was little changed, as an oil shock tied to the widening conflict around Iran unsettled Wall Street. Brent crude traded near $100 after a sharp jump earlier in the day, keeping investors focused on inflation rather than bargain hunting. (Reuters) That matters now because the Dow came into Monday after its worst weekly drop since early April, and because Friday’s U.S. payrolls report showed the economy lost 92,000
Costco Holds Off on Special Dividend as Digital Personalization Adds $470 Million in E-Commerce Sales
Costco reported quarterly net sales up 9.1% to $68.24 billion and net income of $2.04 billion, but CFO Gary Millerchip said there are no plans for a new special dividend. Digitally enabled sales jumped 22.6%, with e-commerce product recommendations generating over $470 million. Paid memberships reached 82.1 million. The company ended the quarter with $17.38 billion in cash.
Gold price slides under $5,100 as oil shock lifts dollar and rate bets
Spot gold dropped 1.7% to $5,080.99 an ounce Monday as oil surged toward $120 a barrel and the U.S. dollar strengthened. Traders shifted focus to inflation risks and higher interest-rate expectations ahead of U.S. CPI data Wednesday and PCE data Friday. Silver slipped 0.3%, while platinum and palladium rose. Ghana announced a new sliding-scale gold royalty regime.
Carnival Corporation & plc Shares Sink as Oil Spike Clouds 2026 Cruise Profit Outlook
Carnival Corporation shares fell over 7% Monday after a surge in oil prices raised concerns about 2026 fuel costs. Brent crude touched $119.50 a barrel Sunday, the highest since 2022. Analyst Sharon Zackfia estimated higher fuel could cut Carnival’s 2026 earnings per share by 20 cents. Carnival does not hedge fuel purchases.
SoFi Technologies Shares Fall 4% as Oil Shock Overshadows CEO Buy, Mastercard Stablecoin Deal
SoFi Technologies shares fell 3.7% to $18.21 by midday Monday as surging oil prices fueled inflation concerns and pressured online lenders. CEO Anthony Noto bought $1 million in shares on March 2, and SoFi announced a new Mastercard partnership involving its SoFiUSD crypto token. Broader market weakness and inflation fears outweighed recent company moves. Affirm and Upstart shares also declined.
Constellation Software Q4 profit tumbles 61% despite revenue jump as Asseco charge bites
Constellation Software’s Q4 net income attributable to common shareholders dropped 61% to $110 million, hit by a $155 million expense tied to Asseco’s share price, while revenue rose 18% to $3.18 billion. Organic growth was 6%. The company completed $571 million in acquisitions and declared a $1.00 dividend. Year-end cash less debt improved to negative $1.04 billion.
American Airlines launches first international Airbus A321XLR flight as turnaround meets fuel shock
American Airlines launched its first international Airbus A321XLR flight on March 8, starting daily service between New York JFK and Edinburgh. The move comes as the airline bets on premium cabins to boost earnings, but faces rising fuel costs after oil prices surged above $105 a barrel amid Middle East conflict. A partial U.S. government shutdown has also led to long airport security lines and missed flights.
Ondas to buy defense prime Mistral in $175 million stock deal, eyes bigger U.S. contracts
Ondas Inc. agreed to acquire defense contractor Mistral in an all-stock deal valued at $175 million, with closing targeted for the second quarter. The agreement includes escrowed shares and staged releases over three years. Ondas reported preliminary 2025 revenue above prior guidance but expects a net loss of about $53 million. Ondas shares fell about 4% in late-morning trading.
Biohaven Ltd stock whipsaws after FDA exit revives rare-disease bets
Biohaven Ltd shares swung sharply Monday, opening at $11.38, peaking at $12.70, then dropping to $9.91 by 10:55 a.m. EDT, with volume over 3.1 million. The moves followed a leadership change at the FDA, which last year rejected Biohaven’s rare-disease drug Vyglxia, sending shares down over 40%. Biohaven reported a 2025 net loss of $738.8 million and ended December with $322 million in cash.
ZIM Integrated Shipping Services Q4 Profit Falls 93% as Hapag-Lloyd Deal Freezes 2026 Outlook
ZIM Integrated Shipping reported fourth-quarter net income of $38 million, down sharply from $563 million a year earlier, with revenue falling 32% to $1.48 billion. The company declared a $0.88 dividend but withheld 2026 guidance due to its pending $4.2 billion sale to Hapag-Lloyd. Average freight rates dropped 29% and carried volume slid 9%. Shares rose 1.8% to $28.32 in New York trading.
Elong Power delays 1-for-80 reverse split to March 12 as Nasdaq listing rule bites
Elong Power will implement a 1-for-80 reverse stock split at the open of trading on March 12 to meet Nasdaq’s minimum bid-price rule. The move will reduce outstanding shares to about 0.79 million from 63 million. Shares last traded at $0.0535. The stock will continue under the “ELPW” symbol with a new CUSIP number.
Oil Nears $120 as Iran War Hammers KOSPI, Asian Stocks and Wall Street
Oil prices jumped to $119.50 a barrel Monday as the U.S.-Israeli war with Iran disrupted Gulf supplies and shipping through the Strait of Hormuz. Stocks tumbled worldwide; Seoul's KOSPI fell 8.8%, and Europe's STOXX 600 dropped 1.8%. Saudi Arabia, Iraq, Kuwait, and Bahrain slashed output. Hundreds of tankers idled near Hormuz, and airline fares soared as jet fuel costs spiked.
Dianthus Therapeutics stock jumps after Phase 3 CIDP trial clears early hurdle
Dianthus shares jumped 22% Monday after its CAPTIVATE trial in CIDP met an interim threshold ahead of schedule, with 20 confirmed responders before 40 patients finished the first part. The company plans to drop a higher-dose arm, cut enrollment, and reported $514.4 million in year-end cash, enough to fund operations into 2028.
QQQ Falls as $100 Oil Tests AI Trade After $4 Billion ETF Outflow
Invesco QQQ Trust dropped 1.34% to $591.74 by mid-morning Monday as crude oil surged past $100 a barrel and investors pulled money from AI-focused stocks. QQQ saw $4 billion in outflows last week and another $810 million in the past five days. Invesco’s QQQM also fell 1.35% with $165 million in outflows. Wall Street indexes opened lower amid renewed inflation fears tied to rising oil prices.
Walmart vs BJ’s Wholesale Stock: Why Investors Still Favor the Pricier Retail Bet
Walmart shares fell 0.7% and BJ’s dropped 1.3% by 10:10 a.m. EDT Monday amid a broad Wall Street selloff. Walmart’s quarterly revenue rose 5.6% and operating income jumped 10.8%, while BJ’s matched the revenue increase but saw operating income slip 0.2%. Walmart trades at a price-to-earnings ratio of about 35, compared to BJ’s 20 and Costco’s 48.
Vanguard Total Stock Market ETF (VTI) Slides Despite $846 Million Inflows as Oil Shock Hits Wall Street
Vanguard Total Stock Market ETF (VTI) fell 0.84% in premarket trading Monday after losing 1.45% over the past five days, despite $846 million in net inflows. U.S. equity funds shed $21.92 billion in the week to March 4 as oil surged and stock futures pointed lower. Major ETFs SPY and QQQ also traded down. VTI’s decline followed weakness in mega-cap tech and semiconductor stocks.
Vertiv Holdings stock jumps as S&P 500 move spotlights AI data-center demand
Vertiv Holdings shares rose 5.1% to $254.12 by 9:43 a.m. EDT after S&P Dow Jones Indices said the company would join the S&P 500 on March 23. The move follows strong quarterly results and recent debt upgrades. Lumentum, Coherent, and EchoStar will also join, while Match Group, Molina Healthcare, Lamb Weston, and Paycom Software will exit the index.
BlackRock Caps Private Credit Fund Withdrawals as Market Stress Spreads
BlackRock capped withdrawals from its $26 billion HPS Corporate Lending Fund after clients sought $1.2 billion in redemptions, exceeding the fund’s 5% quarterly limit. The firm will fulfill about $620 million of requests, marking the first breach of the cap. BlackRock shares dropped 6.7% Friday. Fitch reported U.S. private-credit borrower defaults reached a record 9.2% in 2025.
Peraso stock cools after 151% spike on Israeli drone-defense win as cash strain remains
Peraso Inc. shares dropped 3.9% to $1.96 in premarket trading Monday after soaring 151.5% Friday on news its mmWave chips were selected by Israeli defense firm InTACT for a drone IFF system. The company, facing cash concerns and exploring strategic options, did not disclose the program’s value or deployment timeline. Peraso ended September with $1.865 million in cash and warned of doubts about its ability to continue operating.
Olema Pharmaceuticals Shares Sink More Than 40% After Roche Trial Miss
Olema Pharmaceuticals shares fell over 40% Monday after Roche’s breast cancer drug giredestrant failed to meet its main goal in a late-stage trial. Investors viewed the setback as a negative signal for Olema’s lead drug, palazestrant, which is in Phase 3 studies. Roche said the trial showed no significant improvement in progression-free survival. Olema ended September with $329 million in cash and expects top-line data in late 2026.
Why SPY and DIA Are Falling Again as Oil Shock Threatens a Bigger S&P 500 Drop
SPY fell 1.3% premarket Monday, with QQQ down 1.5% and DIA off nearly 1%, after U.S. payrolls unexpectedly dropped by 92,000 and oil surged toward $120 a barrel. The S&P 500 lost 1.33% Friday, marking its steepest weekly fall since October. The VIX hit 32.14, its highest since April 2025. Energy shares rose, while airlines and banks dropped.
Xenon’s epilepsy drug posts strong Phase 3 data; XENE shares jump ahead of U.S. filing
Xenon Pharmaceuticals said its Phase 3 trial showed azetukalner cut monthly focal onset seizures by 53.2% at the 25 mg dose versus 10.4% for placebo. Shares rose over 40% in premarket trading. The company plans to file for U.S. FDA approval in the third quarter of 2026. Dizziness was the most common side effect, with higher discontinuations in the 25 mg group.
Relmada Therapeutics (RLMD) Raises $160 Million as NDV-01 Bladder Cancer Data Set Up Phase 3
Relmada Therapeutics will raise about $160 million in a private placement, priced at $4.75 a share, after reporting 12-month data showing a 76% complete response rate for NDV-01 in non-muscle invasive bladder cancer. The financing, expected to close by March 11, follows FDA feedback backing late-stage studies. NDV-01 showed no cases of disease progression or severe side effects among 25 patients at 12 months.
Oil Tops $100 for First Time Since 2022 as Iran War Cuts Supply, G7 Weighs Reserve Release
Brent crude surged to $119.50 a barrel Monday as the Iran war disrupted Gulf oil flows, forcing Saudi Arabia, Iraq, and Kuwait to cut output and leaving tankers stranded at the Strait of Hormuz. Central banks shifted rate expectations amid inflation fears. Governments considered releasing emergency reserves. Airline shares dropped as jet fuel prices soared.
Technology News 09.03.2026
LIVETechnology news rolling coverageStarted: March 9, 2026, 12:00 AM EDTUpdated: March 9, 2026, 1:44 PM EDT