Today: 2 March 2026
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Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Axon stock price jumps 22% as strong results fuel AI-led growth hopes; next catalyst in April

Axon stock price jumps 22% as strong results fuel AI-led growth hopes; next catalyst in April

Axon shares jumped 22% to $540.04 after reporting a 46% surge in 2025 bookings to $7.4 billion and forecasting 2026 revenue growth of up to 30%. The company split its reporting to highlight AI-driven software and services apart from hardware. Non-GAAP profit rose, but net income remained thin due to higher spending. Axon’s stock trades at about 57 times forward earnings, above the industry median.
25 February 2026
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Corning stock spikes to fresh highs after Citi lifts target to $170 ahead of OFC

Corning stock spikes to fresh highs after Citi lifts target to $170 ahead of OFC

Corning shares surged 5.3% to $159.57 Wednesday, hitting a record $160.76, as investors bet on its role in AI data-center infrastructure. Citi, Morgan Stanley, and Mizuho all raised price targets ahead of the Optical Fiber Communication conference in March. Corning’s $6 billion supply deal with Meta Platforms remains a key anchor. The next dividend of $0.28 per share goes ex-dividend Feb. 26.
25 February 2026
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Netflix stock jumps nearly 5% as Warner bidding war heats up — the next catalyst traders are watching

Netflix stock jumps nearly 5% as Warner bidding war heats up — the next catalyst traders are watching

Netflix shares rose 5% to $81.92 Wednesday as investors reacted to a takeover battle for Warner Bros Discovery. Paramount raised its bid to $31 per share, topping Netflix’s $27.75 offer, and added a larger breakup fee. Warner will engage further with Paramount, while a shareholder vote on Netflix’s proposal is set for March 20. Antitrust scrutiny and investor concerns over deal financing remain.
25 February 2026
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Broadcom stock rises in early trade as Nvidia earnings loom and AVGO’s March 4 report nears

Broadcom stock rises in early trade as Nvidia earnings loom and AVGO’s March 4 report nears

Broadcom shares rose 2.3% to $332.83 in Wednesday morning trading, rebounding from a prior drop. The move tracked gains in tech stocks ahead of Nvidia’s earnings report later in the day. Broadcom is set to report quarterly results on March 4, with margins and VMware renewals in focus. Options trading showed heightened volatility, pointing to expectations of sharp moves around earnings.
25 February 2026
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Meta stock rises after $60 billion AMD AI chip pact, with Nvidia earnings next

Meta stock rises after $60 billion AMD AI chip pact, with Nvidia earnings next

Meta Platforms shares rose about 1.4% Wednesday after Reuters reported a deal to buy up to $60 billion of AMD AI chips over five years. The agreement includes a warrant for Meta to acquire up to 10% of AMD if certain GPU shipment milestones are met. Investors are awaiting Nvidia’s quarterly results for further signals on AI hardware demand.
25 February 2026
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Mastercard stock price drops below $500 as viral AI report hits payment names

Mastercard stock price drops below $500 as viral AI report hits payment names

Mastercard shares fell 5.7% to $498 in after-hours trading Tuesday, with about 6.3 million shares changing hands. Visa dropped 4.5% and American Express slid 7.2% in the same session. The declines followed a widely circulated report warning of AI-driven job losses and margin pressure. Mastercard also announced a remittance partnership with Triple-A and the sale of SessionM to Capillary Technologies for $20 million.
25 February 2026
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AppLovin stock bounces 3% after sharp slide as SEC probe headline lingers

AppLovin stock bounces 3% after sharp slide as SEC probe headline lingers

AppLovin shares rose 3.3% to $393.20 Tuesday after plunging 9.1% the previous day, with trading volume dropping to 4.54 million shares. The stock remains down 49% from its December high amid an ongoing SEC probe into alleged breaches of service agreements, according to Barron’s. CFO Matthew Stumpf and CTO Vasily Shikin disclosed routine share withholding for taxes on vested stock units.
25 February 2026
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Why Bank of America stock slid again even as Wall Street bounced

Why Bank of America stock slid again even as Wall Street bounced

Bank of America shares closed down 1.3% at $50.41 Tuesday, underperforming the S&P 500’s 0.8% gain. The KBW Bank Index was little changed after Monday’s sharp drop. Investors cited tariff policy uncertainty and the Fed’s steady rate outlook as key pressures. Markets await President Trump’s State of the Union address and Nvidia’s earnings.
25 February 2026
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Western Digital (WDC) stock price drops 3.5% despite debt payoff filing and S&P upgrade

Western Digital (WDC) stock price drops 3.5% despite debt payoff filing and S&P upgrade

Western Digital shares closed down 3.5% at $270.57 Tuesday, then rose 0.1% after hours. The company eliminated its Series A preferred stock and redeemed senior notes due 2029 and 2032, according to an SEC filing. S&P Global Ratings raised its credit rating to investment grade after the debt reduction. CEO Irving Tan and chief legal officer Cynthia Tregillis reported insider share transactions.
25 February 2026
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