Workflow
FirstEnergy unit to invest $950 million in Ohio and Pennsylvania grid upgrades
Reuters· 2026-03-02 17:03
Core Insights - FirstEnergy's transmission unit will invest $950 million in grid upgrades in Ohio and Pennsylvania, selected by grid operator PJM [1] - The total project cost is $1.2 billion, with FirstEnergy's investment through a joint venture with Transource Energy amounting to approximately $490 million [1] - The project aims to modernize equipment, rebuild older lines, and upgrade substations to meet surging electricity demand driven by data center expansion and a shift to electric heating and transport [1] Investment Plans - FirstEnergy announced a capital investment plan of $36 billion through 2030 to fund upgrades to the electrical grid and related infrastructure [1]
Why Did Alphabet Stock Drop Today?
Yahoo Finance· 2026-03-02 17:02
Core Viewpoint - Alphabet's stock has seen a decline of 2.1% amid broader market concerns related to potential conflict in the Middle East, but there are positive developments that may support the stock price [1][3]. Group 1: Partnership with Apple - Apple has agreed to lease data center capacity from Google to enhance its Siri AI service, indicating a strengthening partnership between the two companies [3][4]. - This collaboration builds on a previously announced multi-year agreement where Apple's Siri will utilize Google's Gemini models and cloud technology, highlighting the value of Google's AI infrastructure [4]. Group 2: Financial Analysis - There is no disclosed amount regarding the lease payment from Apple to Alphabet, and analysts suggest that significant revenue would be required to impact Alphabet's stock price meaningfully [5]. - Alphabet is currently valued at $3.8 trillion, with shares trading at 28.5 times trailing earnings and over 51 times trailing free cash flow, which raises concerns about the stock being overpriced given the projected 14% annualized earnings growth over the next five years [5][6]. Group 3: Investment Considerations - Analysts from The Motley Fool Stock Advisor have identified ten stocks they believe are better investment opportunities than Alphabet at this time, suggesting caution for potential investors [7].
Johnson Fistel Investigates Potential Board Fiduciary Duty Breaches in The AES Corporation Merger Transaction
Globenewswire· 2026-03-02 17:02
SAN DIEGO, March 02, 2026 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of The AES Corporation (NYSE: AES) breached their fiduciary duties in connection with the proposed sale of the company to a consortium led by Global Infrastructure Partners and the EQT Infrastructure VI fund. If you own AES shares and believe this proposed transaction undervalues your investment, please consider joining our investigation. To participate ...
From Inflation to Crypto: Ways Iran Conflict Impacts Markets Beyond Oil
Youtube· 2026-03-02 17:01
All right, welcome back to the morning trade live. It's time now for the big picture. So, let's welcome in Lisanne Saunders, chief investment strategist at Schwab Center for Financial Research and Jim Faroli, the director of crypto research and strategy.Thank you to both so much for joining me today and thanks for jumping on given of course no doubt is very busy for you with a lot of client meetings and questions. Lisanne, let's just start with you and just walk us through your thoughts this morning. >> Wel ...
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for February 2026, includes Reg.-NMS Execution Statistics
Businesswire· 2026-03-02 17:01
Months12.1913.7912.1512.3613.9413.2814.8019.0613.7311.9215.2613.79166.278.7110.169.499.5710.519.7511.0914.109.808.7410.849.77122.5320.9023.9521.6521.9424 IBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail || --- || All amounts are in millions, except % || Mar '25 | Apr '25 | May '25 | June '25 | July '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 || #1a - Number of orders || Buys || Sells || Total || #1b - Number of shares purchased or sold || Shares bought || Shares sold || ...
Unpacking the Latest Options Trading Trends in Walt Disney - Walt Disney (NYSE:DIS)
Benzinga· 2026-03-02 17:00
Deep-pocketed investors have adopted a bullish approach towards Walt Disney (NYSE:DIS), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DIS usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga's options scanner highlighted 16 extraordinary options activities for Walt Disn ...
Stock Market Today: Markets React to Developments in Iran; Stocks Fall; Oil Jumps, Safe-Haven Gold Gains
Investopedia· 2026-03-02 17:00
Oil, LNG Shares Soar on Middle East Conflict**FROM 4 hr 6 min agoStock futures may be sinking Monday morning because of the escalating conflict in the Middle East, but it is proving beneficial to energy shares.Big oil stocks and those of [liquefied natural gas (LNG)] (https://www.investopedia.com/terms/l/liquefied-natural-gas.asp) providers are soaring before the bell along with [West Texas Intermediate] (https://www.investopedia.com/terms/w/wti.asp) crude and natural gas futures, which jumped about 8% and ...
Keep An Eye on These 4 Bank Stocks With Recent Dividend Hikes
ZACKS· 2026-03-02 17:00
Key Takeaways CCBG raised its quarterly dividend 3.8% to 27 cents per share, marking its eighth hike in five years.RRBI boosted its payout 67% to 25 cents, with 2026 sales and earnings seen rising year over year.SFNC increased its dividend 1.2% to 21.5 cents. It offers a 4.27% yield with a 50% payout ratio.The year 2026 began on a subdued note. The S&P 500 increased modestly and the Dow Jones Industrial Average gained 1.9%, while the Nasdaq declined roughly 2.5%. The markets were weighed down by AI-related ...
Pfizer Stock: Buy, Sell or Hold After Its 11% Rally So Far in 2026?
ZACKS· 2026-03-02 17:00
Key Takeaways PFE shares have gained 11% YTD, trading above 50- and 200-day SMAs since early January.Pfizer's oncology and new products drove 2025 growth, with non-COVID revenues up 6%.PFE guides 2026 revenues of $59.5B-$62.5B and EPS of $2.80-$3.00, hurt by COVID decline and patent losses.Pfizer’s (PFE) stock has risen 11% so far in 2026. The stock has also been consistently trading above its 50-day and 200-day simple moving averages (SMAs) since early January.Image Source: Zacks Investment ResearchPfizer ...
Time to Buy Leveraged Oil & Energy ETFs?
ZACKS· 2026-03-02 17:00
Key Takeaways Middle East tensions raise oil supply risks, supporting bullish energy trades.Modest OPEC output hike may fail to offset geopolitical supply concerns.Leveraged oil ETFs may offer short-term upside but carry elevated volatility risks.The United States and Israel launched coordinated strikes on Iran on Feb. 28, 2026, with President Donald Trump saying the operation aimed to destroy Iran’s nuclear program and weaken the current regime.The attacks prompted immediate retaliation from Iran and raise ...