Today: 2 March 2026

Khadija Saeed

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

Corning stock (GLW) jumps again as AI data-center cable demand keeps the rally moving

Corning stock (GLW) jumps again as AI data-center cable demand keeps the rally moving

Corning shares climbed nearly 4% Tuesday, hitting a new 52-week high of $152.91 before trading at $150.99 in afternoon action. The stock has surged on heavy volume following a $6 billion supply deal with Meta and rising earnings forecasts. Monday’s close marked a second straight session of gains, with volume more than double the 50-day average. Investors await upcoming conference appearances and the next dividend record date.
Brent oil price dips from seven-month peak as U.S.-Iran talks loom

Brent oil price dips from seven-month peak as U.S.-Iran talks loom

Brent crude slipped 0.35% to $70.86 a barrel by 1821 GMT Tuesday, after reaching $71.90 earlier. Traders cited geopolitical risk ahead of U.S.-Iran nuclear talks and a recent Ukrainian drone attack that forced Russia’s Transneft to cut pipeline intake by 250,000 barrels per day. VLCC freight rates from the Middle East to China rose above $170,000 a day. U.S. crude fell 0.6% to $65.9.
24 February 2026
Oil prices hold near 7‑month highs: US‑Iran talks, tariffs and inventories set the next move

Oil prices hold near 7‑month highs: US‑Iran talks, tariffs and inventories set the next move

Oil prices hovered near seven-month highs Tuesday before slipping, with Brent futures down 25 cents at $71.24 a barrel and WTI off 25 cents to $66.06 by late morning. A $3–$4 per barrel geopolitical risk premium has emerged amid Middle East tensions, new U.S. tariffs, and surging tanker rates. Traders await U.S. inventory data and Thursday’s U.S.-Iran talks in Geneva.
24 February 2026
Natural gas slips under $3 to a four-month low as forecasts warm — what it means for UNG

Natural gas slips under $3 to a four-month low as forecasts warm — what it means for UNG

NYMEX March natural gas fell 0.9% to $2.958/mmBtu Tuesday, set for its lowest close since October 16. Milder weather forecasts and steady U.S. output weighed on prices, even as LNG feedgas flows held near record highs. Traders now await Thursday’s U.S. storage report. The United States Natural Gas Fund ETF dropped 1.7% to $11.55 in early trading.
XRP price near $1.36 today: tariff confusion and an AI scare keep crypto traders cautious

XRP price near $1.36 today: tariff confusion and an AI scare keep crypto traders cautious

XRP stabilized near $1.36 Tuesday after dropping 2.9% and 2.6% in the previous two sessions, tracking broader market unease over new U.S. tariffs and a viral AI downturn scenario. The token briefly touched $1.31 before recovering. Bitcoin slipped 0.5% to $64,113, while ether was steady near $1,852. Traders focused on Trump’s State of the Union and Nvidia’s results for direction.
Silver price dips below $88 after Monday surge as tariffs, Fed outlook keep traders edgy

Silver price dips below $88 after Monday surge as tariffs, Fed outlook keep traders edgy

Spot silver fell 0.2% to $87.98 an ounce by 12:45 p.m. ET Tuesday, retreating after a 4.3% surge Monday as the dollar firmed and traders watched U.S. tariff news and Iran talks. The iShares Silver Trust (SLV) ETF dropped 1.2% to $79.57. The U.S. dollar rose 0.1%, while gold slid 1.6% to $5,148.28 an ounce. U.S. consumer confidence climbed to 91.2 in February, beating forecasts.
FTSE 100 today: UK shares finish flat as tariff and AI worries hit banks; Convatec jumps

FTSE 100 today: UK shares finish flat as tariff and AI worries hit banks; Convatec jumps

FTSE 100 closed down 0.04% at 10,680.59; FTSE 250 slipped 0.2%. Convatec surged 10.4% after raising its growth target, while Unite Group dropped 14.3% on a weaker student demand outlook. Standard Chartered missed profit estimates despite a 16% gain and a $1.5 billion buyback. Investors watched new U.S. tariffs and Bank of England rate signals.
India stock market today: Nifty, Sensex tumble over 1% as IT rout deepens on AI fears

India stock market today: Nifty, Sensex tumble over 1% as IT rout deepens on AI fears

The Nifty 50 fell 1.1% and the Sensex dropped over 1,000 points Tuesday, led by a 4.7% plunge in IT stocks to a 30-month low. Tata Consultancy Services, Infosys, HCLTech, and Wipro lost up to 6.1% amid AI disruption fears and a Jefferies downgrade. Market capitalization dropped by 3.5 trillion rupees. Textile exporters also declined after export incentive cuts.
Lumentum stock hits fresh high as traders lean into AI optics demand

Lumentum stock hits fresh high as traders lean into AI optics demand

Lumentum shares hit $688.27 before easing to $674.73, up about 1.1% in late-morning New York trading Tuesday, with volume at 4.5 million shares. The move follows strong demand for optical circuit switches and co-packaged optics tied to AI data centers. Investors await management’s investor briefing at OFC on March 17. Peers traded mixed, while the broader semiconductor ETF slipped 0.7%.
Walmart stock price today: WMT rises as fresh analyst targets land and markets steady

Walmart stock price today: WMT rises as fresh analyst targets land and markets steady

Walmart shares climbed 1.7% to $127.89 Tuesday after Evercore ISI and Barclays raised their price targets. SEC filings showed executive vice presidents Nicholas Christopher James and Latriece Watkins sold shares last week. Investors weighed tariff risks and AI-driven volatility ahead of key earnings. Walmart recently reported $190.7 billion in Q4 revenue and announced a $30 billion buyback.
24 February 2026
Palo Alto Networks stock hits a fresh 52-week low — what’s spooking PANW investors now

Palo Alto Networks stock hits a fresh 52-week low — what’s spooking PANW investors now

Palo Alto Networks shares fell 0.5% to $143.39 after hitting a 52-week low Tuesday, underperforming the Nasdaq’s 0.8% gain. The drop followed a sharp selloff in cybersecurity stocks after Anthropic launched a new code-security AI tool. Daiwa Securities cut its price target on Palo Alto to $175 from $212. The company last week reported fiscal Q2 revenue of $2.6 billion and non-GAAP profit of $1.03 per share.
24 February 2026
Meta stock slips as AMD AI chip pact puts spending back in focus ahead of Nvidia earnings

Meta stock slips as AMD AI chip pact puts spending back in focus ahead of Nvidia earnings

Meta Platforms shares fell 2.8% to $637.25 after AMD agreed to supply up to $60 billion in AI chips over five years, with Meta gaining an option for up to 10% of AMD’s equity. AMD will begin shipments in late 2026. Nvidia’s earnings report on Feb. 25 is seen as the next key indicator for AI demand and tech sector spending.
Alphabet (GOOG) stock slips as Google data center power deal puts AI spending back in focus

Alphabet (GOOG) stock slips as Google data center power deal puts AI spending back in focus

Alphabet Class C shares fell 0.8% to $309.13 in morning trading Tuesday, trailing a stronger Nasdaq. Xcel Energy said it will supply power for a new Google data center in Minnesota, with Google funding 1,900 megawatts of new capacity. Wells Fargo upgraded Alphabet to Overweight and raised its price target to $387. Investors await Nvidia’s earnings for signals on AI spending.
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