Track the evolution of major financial and economic events
On March 13, Hagens Berman filed a class action lawsuit against Zynex and its former executives after Zynex filed for Chapter 11 bankruptcy. This followed the revelation of a massive overbilling scheme. The company's shares were also delisted from the exchange, with the ticker changing to ZYXIQ.
Trinseo reported widening losses and a sharp decline in revenue in its FY 2025 results. Net sales in Q4 dropped to $663 million from $821 million in Q4 2024, and the full-year net loss widened to $546 million compared to a loss of $349 million in 2024. The diluted EPS for the fourth quarter was -$6.98, compared to -$3.33 in the previous year.
The ONE Group Hospitality (STKS) reported a loss of $0.20 per share for the fourth quarter, missing analyst estimates that projected earnings of $0.26 per share. The loss widened compared to last year's Q4 loss of $0.03 per share.
On March 13, BlockchAIn LLC signed a non-binding LOI with an international private equity firm for a 5 MW AI infrastructure deployment. The expected contract value exceeds $100 million during the initial term. This agreement is part of the proposed business combination between Signing Day Sports (SGN) and the BlockchAIn group.
On March 13, Lifeward received shareholder approval to finalize a strategic partnership with Oramed. The partnership grants Lifeward access to up to $47 million in capital. Lifeward will integrate Oramed's POD™ oral delivery technology into its platform.
Aehr Test Systems (AEHR) stock has surged over 100% year-to-date in 2026, driven by positive developments in its AI business and new opportunities in the memory chip sector. Companies like Broadcom, Micron, and SanDisk have also reported significant revenue increases, reflecting the rising demand for AI technologies. However, Micron's shares have dropped 30% since its earnings report on March 18, highlighting current market volatility.
Volkswagen reclaimed the top spot in China's car sales during the first two months of 2026, while BYD slipped to fourth place. BYD reported a 19% decline in annual profits, marking its first drop in four years, despite a 3.5% increase in revenue. Meanwhile, XPeng announced its first-ever profit due to strong sales and margins.
The FTSE 250 Index sharply retreated to its lowest level since December, dropping over 7.2% from its yearly high. The Bank of England is expected to keep interest rates unchanged at 3.75% during its meeting next week. Additionally, UK gas prices surged significantly following the escalation of the conflict in Iran, impacting the market overall.
Glencore CEO Gary Nagle is seeking to restart negotiations with Rio Tinto to create the world's largest mining company. The renewed interest in the deal is attributed to the recent surge in coal prices, which has strengthened Glencore's position. Leaders from both companies met with investors in Australia to discuss prospects for cooperation or merger.
New Fortress Energy faces default risk amid a $9 billion debt crisis. The company has nearly $9 billion in total debt, with $6.5 billion due within one year. Additionally, it is already behind on $500 million in payments and has burned through $1.73 billion in free cash flow over the trailing 12 months.
On March 13, ByteDance, the parent company of TikTok, began assembling computing power using high-end Nvidia chips outside of China, aiming to compete with tech giants like Google and OpenAI. On March 20, U.S. prosecutors accused Super Micro Computer executives of illegally smuggling AI servers to China. By March 24, Alibaba announced the launch of its new AI chip, while customer testing of Huawei's new chip was progressing well. By March 30, Mistral AI raised $830 million to build a Nvidia-powered data center.
PagSeguro Digital reported a 16% year-over-year revenue growth and a 51% increase in its banking segment. Management is guiding for a 25-35% growth in the credit portfolio by 2026, returning 87.5% of net income to shareholders. Meanwhile, other companies like DLocal and Nu Holdings also reported strong financial results, reflecting ongoing growth in the financial sector.
Petco's stock surged 34.6% after Q4 results indicated a potential end to years of declining revenue and profits. Management expects EBITDA to be between $415 and $430 million in 2026, focusing on profitable growth. The company is executing its 'Reach for the Sky' turnaround strategy, emphasizing operational improvements and digital expansion.
Uber shares surged 3.65% in pre-market trading on March 11 following the announcement of a new partnership with Zoox, an Amazon subsidiary focused on robotaxi services. This partnership marks a strategic move by Uber to enhance its offerings in the smart transportation sector.
On March 11, REalloys announced the construction of a heavy rare earth metallization facility in partnership with the Saskatchewan Research Council (SRC). The project is fully financed, with operations expected to commence in the first half of 2027. The facility is designed to comply with 2027 U.S. defense procurement standards that ban Chinese sourcing.
Broadcom's AI-related revenues are expected to double in fiscal Q1 2026. However, concerns about margin pressure and stock valuation are clouding the earnings outlook. On March 5, Broadcom reported Q1 financial results that beat earnings expectations, with AI revenue more than doubling. The company also provided positive guidance despite geopolitical tensions and rising oil prices.
SpaceX is planning to file for a confidential initial public offering (IPO) as early as March 2026, targeting a historic valuation of $1.75 trillion. The IPO could raise over $50 billion, surpassing Saudi Aramco's record $29 billion offering. The S-1 filing will disclose 8,285 BTC on the company's balance sheet, positioning SpaceX as a top-tier corporate Bitcoin holder.
CoreWeave's revenue more than doubled in the latest quarter, driven by strong demand for AI-specialized cloud infrastructure services. However, the company's shares slumped around 12% before the market opened, raising investor concerns about margin pressure and returns from its AI investments. CoreWeave plans to increase its capital expenditure to $30–35 billion by 2026, indicating its ambitious data center expansion plans.
CoreWeave (CRWV) is facing a class action lawsuit alleging it misled investors about its AI infrastructure scaling and revenue guidance. Concerns over the transparency of the Denton data center completion have led to a $14 billion market cap loss for the company. Additionally, CoreWeave reported a $452 million loss for the fourth quarter of 2025, raising investor concerns due to its soft financial guidance amidst ongoing litigation.
PayPal is attracting takeover interest from potential buyers after a significant decline in its stock price, which has wiped out nearly half of the company's market value. Shares surged nearly 7% following reports of acquisition talks, including interest from fintech startup Stripe. However, shares fell 4% after reports indicated that PayPal is not in talks to sell itself, adding to the challenges the company faces in the digital payments market.
Kyndryl is facing legal challenges following a significant decline in its stock price. A securities class action lawsuit has been filed against Kyndryl Holdings on behalf of investors who acquired securities between August 2024 and February 2026, with the stock plummeting by 55% on February 9, 2026. Negative disclosures included delayed financial filings, internal control weaknesses, and the departure of three key executives, leading the company to admit that its disclosure controls and internal financial reporting were ineffective during 2025.
Rolls-Royce shares reached a record high of 1,353p ahead of financial results, with reports suggesting a new share buyback program worth approximately £1.5 billion. The stock has surged 120% over the past year, boosting its market capitalization to over $152 billion. The company announced a multi-year share buyback program of up to $12 billion, along with upgraded financial targets for 2028, aimed at significantly enhancing shareholder returns.
On February 27, OpenAI closed a massive $110 billion funding round, setting a new record for private tech companies. The round was backed by tech giants including Amazon, Nvidia, and Softbank. This funding surpasses the company's previous record of $40 billion raised last year. On March 4, Nvidia CEO Jensen Huang stated that the $30 billion investment in OpenAI might be the last of its kind.
Warren Buffett adjusted his investment portfolio ahead of retirement, with Berkshire Hathaway reducing its stake in Amazon by 77% during the fourth quarter of 2025. He also sold 75% of the company's stake in Apple before officially retiring on December 31, with Greg Abel taking over as CEO. Furthermore, Form 13F filings revealed that Buffett had been accumulating shares in a consumer-facing company for six consecutive quarters prior to his departure.
