U.S. stocks battered by ‘AI derangement syndrome’ and CEOs are learning not to talk about it
Fortune· 2026-02-27 10:58
S&P 500 futures were down 0.32% this morning prior to the opening bell in New York, after the index fell 0.54% yesterday, suggesting that investors hate U.S. equities right now.The index is up 0.93% year-to-date, a feeble performance compared to foreign stocks. The U.K.’s FTSE 100 is up nearly 10% over the same period. The STOXX Europe 600 is up 6.53% and sits at an all-time high. Japan’s Nikkei 225 is up nearly 14%. South Korea’s KOSPI is up an astonishing 45%.Growth is everywhere, except the U.S.Why?“AI d ...
Forward Industries Eyes Berkshire Hathaway Status as SOL Losses Near $1 Billion
Yahoo Finance· 2026-02-27 10:56
Forward Industries' CIO says the company aims to become the “Berkshire Hathaway of the Solana ecosystem,” even as its treasury approaches $1 billion in unrealized losses. The statement comes as SOL has declined nearly 30% year-to-date, a drop that is impacting balance sheets across major Solana-focused digital asset treasury (DAT) firms. Solana's Price Decline Deepens Institutional Pain Forward Industries is the largest institutional holder of Solana. The company began accumulating SOL in September 2025 ...
Novo Nordisk’s Torrid Week Erases Last of Wegovy-Fueled Gains
Yahoo Finance· 2026-02-27 10:56
The weight loss-fueled gains of Danish drugmaker Novo Nordisk A/S are officially a thing of the past. The stock this week wiped out the last of the yearslong surge that followed the 2021 US approval of its Wegovy obesity drug, after a next-generation shot delivered less weight loss than that of its main rival. Most Read from Bloomberg Down 21%, the shares are on track for their steepest weekly slump since August, surpassing one of 20% earlier this month that followed a dire sales forecast. The setback ...
Trump's tariff back-and-forth keeps CEOs on edge
Business Insider· 2026-02-27 10:56
When the Supreme Court struck down a major pillar of President Donald Trump's tariff policy last week, "there were no big fireworks that went off" at Stew Leonard's, the New York-based grocery chain's CEO, Stew Leonard Jr., told Business Insider. The retailer relies on international vendors for products such as New Zealand lamb and European wines and cheeses, and it has raised prices on items that were affected over the last year, citing import costs, Leonard said.While eliminating tariffs entirely would ha ...
Stock Market Today Feb 27, 2026 ' Sensex tanks 961 points, Nifty50 Fall 1.25%
Rediff· 2026-02-27 10:53
Indian stock markets faced a sharp downturn as Sensex and Nifty tumbled, driven by foreign fund outflows, geopolitical tensions, and uncertainty surrounding US-Iran nuclear talks.Photograph: Francis Mascarenhas/ReutersSensex and Nifty50 Performance: Key Market Highlights TodaySensex and Nifty plunged over 1% due to foreign fund outflows and rising geopolitical risks.Uncertainty surrounding US-Iran nuclear talks contributed to market volatility and investor caution.Foreign Institutional Investors (FIIs) offl ...
PayPal, Rainforest join forces
Yahoo Finance· 2026-02-27 10:53
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: PayPal Holdings is partnering with Rainforest, the Atlanta-based embedded payment company, to provide its payment services to Rainforest’s software platform users, PayPal said in a Wednesday press release. As part of the partnership, Rainforest’s clients can allow merchants to receive payments via PayPal, Venmo and PayPal’s buy now, pay later service ...
Eureka Lithium acquires Cabin Lake and Tyee Projects in Canada
Yahoo Finance· 2026-02-27 10:52
Eureka Lithium has concluded its acquisition of a 100% stake in both the Cabin Lake Polymetallic Project in British Columbia's Omineca Mining District and the Tyee Titanium-Vanadium Project in the Havre-St-Pierre region of Quebec, Canada. This acquisition was completed by purchasing all issued and outstanding shares of Stairway Mining, as per an amended share purchase agreement (SPA) earlier this month. Under the terms of the SPA, Eureka exchanged 9,100,000 common shares with Stairway shareholders and a ...
Panoro Energy seeks new Equatorial assets after buying Kosmos stake
Reuters· 2026-02-27 10:52
Group 1 - Panoro Energy aims to triple its total oil production to over 30,000 barrels per day by 2030 [1] - The company has become the largest shareholder in Equatorial Guinea's offshore Block G after acquiring an additional 40.3% interest from Kosmos Energy [1] - Panoro plans to participate in Equatorial Guinea's upcoming oil and gas auction in April, seeking new assets with exciting potential [1] Group 2 - The company is focused on fast-tracking the development of its EG-23 block, which is near the Alba oil and gas complex [1] - In Gabon, Panoro and its partners will drill four production wells at the Mabomo platform in the offshore Dussafu Marin permit this year [1] - A decision on the development plan and final investment for the Bourdon discovery in Dussafu is expected later this year [1]
6 Energy Stocks That Pay Us Up to 14.8% - Middle East Chaos or Not
Investing· 2026-02-27 10:51
Market Analysis by covering: Energy Transfer Equity LP, Enterprise Products Partners LP, Alerian MLP ETF, MPLX LP. Read 's Market Analysis on Investing.com ...
Prediction: The Artificial Intelligence (AI) "Pick and Shovel" Trade Isn't Over. Here Are 2 Stocks to Buy for 2026.
Yahoo Finance· 2026-02-27 10:51
Artificial intelligence (AI) infrastructure spending is poised to jump significantly once again in 2026. According to market research provider Futurum, the five largest hyperscalers and cloud computing companies in the U.S. could spend between $660 billion and $690 billion on AI infrastructure this year, well above last year's $380 billion. Additionally, the firm notes that pure-play AI companies such as OpenAI, Anthropic, and Perplexity, as well as ambitious infrastructure projects such as Stargate, wil ...