March 19, 2026 1:02 pm
Key Moments From Uber-Rivian Robotaxi Deal Announcement Uber plans to invest up to $1.25B in Rivian through 2031. Deployment of 10,000 R2 autonomous SUVs as robotaxis begins 2028. Rivian shares jumped about 9% in premarket trading. Uber Commits Initial $300M Investment To Rivian Uber will make an initial $300 million investment in Rivian. The remaining […]
Read moreMarch 19, 2026 12:35 pm
Key Moments Micron shares fall about 6% despite strong earnings. Company plans to lift spending above $25B in 2026. AI demand continues to drive chip prices higher. Stock Falls After Spending Plan Micron shares dropped on Thursday, even though the company posted strong results. Investors focused on its large spending plans instead of its earnings. […]
Read moreMarch 18, 2026 3:14 pm
Key Moments Rothschild upgraded Block (NYSE:SQ) to Neutral following a roughly 70% share price drop since its initiation of coverage. The firm now expects about 70% of Block’s future revenue growth to be driven by Cash App, supported by the Borrow unsecured lending product. Rothschild lifted its price target to $55 from $45, projecting about […]
Read moreMarch 18, 2026 2:59 pm
Key Moments Morgan Stanley cited Tesla’s unsupervised robotaxi rollout as the dominant catalyst for the stock in 2026. The bank reported increased confidence in robotaxi and Cybercab production after its TMT conference meetings and Giga Texas tour, with production still targeted to begin in April. Morgan Stanley flagged around $8 billion in near-term cash burn […]
Read moreMarch 18, 2026 1:54 pm
Key Moments U.S. equity index futures were modestly higher by 07:50 ET (11:50 GMT) ahead of the Federal Reserve’s interest rate decision. Lululemon Athletica shares moved lower after the company issued a 2026 outlook that came in below analysts’ revenue and profit projections. Constellation Brands advanced in premarket trading after an analyst upgrade to “buy,” […]
Read moreMarch 18, 2026 11:14 am
Key Moments Josh D’Amaro is set to become Disney’s CEO at the upcoming annual shareholder meeting, after leading a parks division that generated 57% of the company’s $17.5 billion profit last year. He takes over as Disney confronts structural pressures across streaming, television, film franchises, and global tourism, amid geopolitical tensions and higher oil prices. […]
Read moreMarch 18, 2026 10:21 am
Key Moments KKR plans to invest up to $310 million alongside PMI Electro Mobility Solutions and its e-bus platform Allfleet India. The transaction structure includes a majority stake in Allfleet India and a minority interest in PMI Electro. The deal is expected to close in mid-2026, subject to required regulatory approvals. Strategic Investment in India’s […]
Read moreMarch 18, 2026 9:45 am
Key Moments Beijing has granted Nvidia approval to sell its H200 AI chips in China after months of regulatory uncertainty. Nvidia is developing a version of the Groq AI chip for use in China, with availability expected in May, according to a source cited by Reuters. CEO Jensen Huang said Nvidia has licenses and purchase […]
Read moreMarch 18, 2026 8:39 am
Key Moments Microsoft is evaluating potential legal action against OpenAI and Amazon over a $50 billion cloud deal involving OpenAI’s Frontier platform, according to the Financial Times. The conflict focuses on whether making Amazon Web Services the exclusive third-party cloud provider for Frontier conflicts with OpenAI’s existing Azure-focused partnership with Microsoft. Microsoft, Amazon, and OpenAI […]
Read moreMarch 17, 2026 3:09 pm
Key Moments Boeing’s CFO indicated the commercial airplanes division is expected to see flat or potentially positive margins this year. The commercial airplanes segment recorded a loss of $632 million in 2025. The unit also reported a larger loss of $2.1 billion in 2024. Outlook from Boeing’s Finance Chief SEATTLE, March 17 (Reuters) – Boeing […]
Read more