Amazon Web Services (AWS) confirmed that drone strikes damaged three of its data centres in the Middle East on Sunday, March 2, 2026. Two facilities in the United Arab Emirates (UAE) were directly struck, while a third facility in Bahrain was impacted by a drone strike in close proximity, causing physical damage to infrastructure. The … Read more
The share price of Broadcom (AVGO), a leading semiconductor firm, fell to $318, followed by RBC’s top analyst Srini Pajjuri downgrading her rating for the firm. She decreased the target price from $370 to $340, and signalled to ‘hold’ the shares. The downgrades highlight the fear of Anthropic’s TPU ramp-up ending by mid-2027. Broadcom’s revenue … Read more
Exxon Mobil (NYSE: XOM) stock surged to a new all-time high of $159.60 during intraday trading on Monday. This came as the dramatic escalation of military conflict in the Middle East between the U.S., Iran, and Israel sent shockwaves through the global energy markets. Yesterday’s rally, which saw XOM surpass its previous peak of $151 … Read more
In a press release on March 2, 2026, tech giant NVIDIA announced its investment of $2 billion each in photonic product makers Lumentum (LITE) and Coherent (COHR), as part of its drive for a future-proof investment that nurtures faster AI processing in the long run. The announcement on Monday led to a boom in Lumentum … Read more
Escalating tensions in the Middle East raised fears of halting the energy trade via maritime corridors. Many shipping giants suspended operations through the Strait of Hormuz following the joint Israeli and U.S. attack on Iran. Due to Hormuz closure, GasBuddy analysts have warned that U.S. gas prices, previously expected to stay below $3, could now … Read more
Global stock exchange and financial technology provider Nasdaq is making an aggressive push to enter the predictions market space after filing an application with the U.S. Securities and Exchange Commission (SEC) to launch a new class of “Outcome-Related Options.” Nasdaq MRX, one of Nasdaq’s subsidiary options exchanges, has applied to offer cash-settled, binary-style contracts on … Read more
Shares of Intel (INTC) slipped modestly in after-hours trading following a high-profile partnership announcement with Ericsson (ERIC) at MWC Barcelona 2026. Intel Corporation (INTC) closed at $45.50, down $0.11 (-0.24%) at 4:00:02 PM EST, and fell further to $44.49, declining $1.01 (-2.22%) in overnight trading as of 1:52:57 AM EST. The muted market reaction highlights … Read more
Oil prices leaped on Monday with the rising concerns that the U.S.-Iran war could clog the global flow of crude and make inflation even worse. Meanwhile, U.S. stocks swung from sharp losses to a slight gain, as investors shrugged off concerns that could restrict the global oil supplies. All three major indexes shook off early … Read more
The share price of the AI-driven data analytics software firm Palantir Technologies (PLTR) climbed to $145.17 today, marking a surge of 7.98%. Palantir serves several U.S. agencies, including the DoD, Navy, Army, DHS, NIH, and FBI, which makes it a key player in the defense industry. U.S. and Israeli strikes on Iran have escalated tensions … Read more
SanDisk Corporation (NASDAQ: SNDK) shares are currently navigating a period of significant volatility as a complex cocktail of large-scale divestment, aggressive short-seller reports, and shifting geopolitical sentiment pulls the stock back from its record highs. After a historic year that saw the company’s valuation surge by over 1,200% following its 2025 spin-off from Western Digital … Read more
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