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
JPMorgan Chase & Co. issued a bullish stock upgrade, shifting its rating from Neutral to Overweight. The firm also established a new Price Target ($120.00), signaling renewed confidence in the streaming giant’s upside potential. Meanwhile, Netflix, Inc. (NFLX) closed at $97.09, rising $0.85 (+0.88%) at 4:00:01 PM EST, reflecting modest bullish momentum in the session. … Read more
Netflix recently pulled out of its Warner Bros. Discovery bid after Paramount Skydance upped the ante with a superior offer. The move is seen as Netflix leadership prioritizing financial discipline over aggressive acquisitions. The company’s share price jumped to $96.24, marking an increase of 13.77%. The global video streaming leader with more than 325 million … Read more
Elon Musk’s SpaceX is reportedly moving toward a confidential IPO filing this March, followed by a potential June listing. The company is aiming for a valuation of $1.75 trillion by raising up to $50 billion. The debut of the aerospace giant in the public market is expected to surpass Saudi Aramco’s $29 billion in 2019. … Read more
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