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US Stock Market | Wall Street ends narrowly mixed, trading volatile after air strikes on Iran
The Economic Times· 2026-03-03 00:56
Market Overview - U.S. stocks showed resilience, with investors buying the dip after initial selloffs due to geopolitical tensions, particularly U.S. and Israeli strikes on Iran [5][11] - The Dow Jones Industrial Average fell 0.15% to 48,904.78 points, while the S&P 500 gained 0.04% to 6,881.60 points, and the Nasdaq Composite increased by 0.36% to 22,748.86 points [11] Sector Performance - Gains in energy, technology, and defense stocks offset losses in other sectors, indicating a strong bid for AI-focused shares [1][11] - Defense stocks received a boost, with the Dow Jones U.S. Defense Index trading up following the conflict [10][11] - Energy companies outperformed due to rising oil prices, while travel and airline stocks suffered from increased costs and flight cancellations [8][9] Oil Market Impact - U.S. crude prices settled up 6% at $71.23 per barrel, while Brent crude rose 6.68% to $77.74 per barrel, reflecting market reactions to geopolitical events [9][11] - Several oil and gas facilities in the Middle East halted production, contributing to the surge in oil prices [9] Investor Sentiment - Investor confidence in U.S. markets remains strong, driven by optimism about productivity gains linked to artificial intelligence, despite concerns over rising oil prices [2][12] - Market participants believe the current disruptions are temporary, with expectations that issues in the oil sector will resolve [6][12] - Familiar high-performing stocks like Nvidia and Microsoft saw gains, with Nvidia up 3% and Microsoft climbing 1.5% [7][12]
Apple launches iPhone 17e with A19 chip, unveils faster M4 iPad Air
BusinessLine· 2026-03-03 00:56
Apple Inc. rolled out the iPhone 17e, the latest version of its lower-end smartphone, and a faster version of the iPad Air, kicking off a wave of new products. The updated phone, which arrives one year after the iPhone 16e, includes a faster processor, new in-house wireless chips and MagSafe magnetic charging. The device, which is still priced at $599, comes in pink, black and white options. It also has more durable glass on the front, matching the iPhone 17.The overall look of the 17e — and 6.1-inch screen ...
Why Lockheed Martin & Palantir Technologies Should Be in Your Portfolio Right Now
ZACKS· 2026-03-03 00:50
Sitting at the center of rising global defense spending, Lockheed Martin (LMT)  and Palantir Technologies (PLTR)  stock are standing out amid increased geopolitical tensions, with both spiking sharply on Monday following weekend news that the U.S. and Israel launched renewed military operations against Iran.While sentiment for the broader aerospace and defense sector is high at the moment, Lockheed Martin and Palantir are among the direct beneficiaries. To that point, Lockheed Martin supplies the physical s ...
APO Investors Have Opportunity to Lead Apollo Global Management, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Prnewswire· 2026-03-03 00:50
APO Investors Have Opportunity to Lead Apollo Global Management, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm [Accessibility Statement] Skip NavigationNEW YORK, March 2, 2026 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Apollo Global Management, Inc. (NYSE: APO) between May 10, 2021 and February 21, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already b ...
EOS INVESTOR ALERT: Bragar Eagel & Squire, P.C. is Investigating Eos Energy Enterprises, Inc. on Behalf of Eos Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2026-03-03 00:48
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Eos (EOSE) To Contact Him Directly To Discuss Their Options If you purchased or acquired stock in Eos and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648. Click here to participate in the action. NEW YORK, March 02, 2026 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eagel & Squire, P.C., a nationally recognized st ...
StoneCo Ltd. (STNE) Tops Q4 Earnings Estimates
ZACKS· 2026-03-03 00:46
分组1 - StoneCo Ltd. reported quarterly earnings of $0.5 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, and up from $0.39 per share a year ago, representing an earnings surprise of +3.46% [1] - The company posted revenues of $689.78 million for the quarter ended December 2025, which missed the Zacks Consensus Estimate by 3.92%, compared to year-ago revenues of $617.63 million [2] - StoneCo shares have increased approximately 13.6% since the beginning of the year, outperforming the S&P 500's gain of 0.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.48 on revenues of $694.49 million, and for the current fiscal year, it is $1.95 on revenues of $2.72 billion [7] - The Zacks Industry Rank indicates that the Internet - Software sector is currently in the bottom 44% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]
Riot Platforms, Inc. (RIOT) Reports Q4 Loss, Misses Revenue Estimates
ZACKS· 2026-03-03 00:46
分组1 - Riot Platforms, Inc. reported a quarterly loss of $2.03 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.22, marking an earnings surprise of -812.36% [1] - The company posted revenues of $152.83 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 2.88%, but showing an increase from $142.56 million year-over-year [2] - The stock has gained approximately 28.6% since the beginning of the year, outperforming the S&P 500's gain of 0.5% [3] 分组2 - The earnings outlook for Riot Platforms, Inc. is crucial for investors, with current consensus EPS estimates at -$0.20 for the coming quarter and -$0.73 for the current fiscal year [7] - The Zacks Industry Rank places Financial - Miscellaneous Services in the top 36% of over 250 Zacks industries, indicating a favorable environment for stock performance [8] - The estimate revisions trend for Riot Platforms, Inc. was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, suggesting expected outperformance in the near future [6]
Apollo, Leon Black sued for allegedly concealing Epstein business ties from shareholders
Reuters· 2026-03-03 00:45
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Apollo, Leon Black sued for allegedly concealing Epstein business ties from shareholders March 3, 202612:45 AM UTCUpdated ago By Jonathan Stempel and Isla Binnie Apollo Global Management's logo at their office in Tokyo, Japan October 20, 2025. REUTERS/Miho Uranaka/File Photo Purchase Licensing Rights, opens new tab NEW YORK, March 2 (Reuters) - Shareholders sued Apollo Global Management and it ...
GreenPower Announces Completion of Second Tranche of Preferred Share Financing
TMX Newsfile· 2026-03-03 00:42
Core Viewpoint - GreenPower Motor Company Inc. has successfully issued the second tranche of Series A Convertible Preferred Shares, raising gross proceeds of US$879,700 as part of a larger offering of up to US$18 million [1][2]. Group 1: Financial Details - The second tranche consists of 926 Series A Convertible Preferred Shares issued under a Securities Purchase Agreement dated November 14, 2025 [1]. - Each Series A Convertible Preferred Share can be converted into common shares based on a conversion rate that includes 105% of the stated value plus any additional amounts owed at the time of conversion, divided by 125% of the closing price of common shares on NASDAQ the day before issuance [2]. - A cash placement fee of 5% of the cash proceeds raised will be paid to Digital Offering LLC for their services in this offering [3]. Group 2: Company Overview - GreenPower designs, builds, and distributes a range of all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans [5]. - The company employs a clean-sheet design approach to manufacture vehicles that are purpose-built for battery power and zero emissions, integrating global suppliers for key components [5].
SEMrush Holdings, Inc. (SEMR) Q4 Earnings Top Estimates
ZACKS· 2026-03-03 00:41
分组1 - SEMrush Holdings, Inc. reported quarterly earnings of $0.1 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, and showing an increase from $0.07 per share a year ago, resulting in an earnings surprise of +11.11% [1] - The company posted revenues of $117.66 million for the quarter ended December 2025, which was 0.69% below the Zacks Consensus Estimate, but an increase from $102.64 million year-over-year [2] - SEMrush has surpassed consensus revenue estimates two times over the last four quarters, while it has only beaten consensus EPS estimates once during the same period [2] 分组2 - The stock has underperformed the market, losing about 0.6% since the beginning of the year compared to the S&P 500's gain of 0.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $120.33 million, and for the current fiscal year, it is $0.41 on revenues of $508.38 million [7] - The Internet - Software industry, to which SEMrush belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, indicating potential challenges for stock performance [8]