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.

Eli Lilly stock pops after Novo trial miss, new Zepbound pen gets FDA nod

Eli Lilly stock pops after Novo trial miss, new Zepbound pen gets FDA nod

Eli Lilly shares climbed nearly 5% late Monday after Novo Nordisk reported its obesity drug CagriSema underperformed Lilly’s Zepbound in a head-to-head trial. Novo’s U.S.-listed shares dropped over 16%. CagriSema showed 23% weight loss after 84 weeks, compared to 25.5% for Zepbound. The trial failed to prove CagriSema was not worse than tirzepatide on weight loss.
23 February 2026
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Nebius (NBIS) stock rises in choppy session as AI cloud spending stays in focus

Nebius (NBIS) stock rises in choppy session as AI cloud spending stays in focus

Nebius Group N.V. shares rose 1.8% to $99.70 Monday, trading as high as $101.12 on volume of 7.5 million shares. The Amsterdam-based cloud provider, which rents out Nvidia chips and data-center capacity, recently forecast an end-2026 revenue run-rate of $7–9 billion. Investors remain focused on Nebius’s build pace and financing. Nvidia reports quarterly results Wednesday.
23 February 2026
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Cloudflare stock sinks nearly 10% as Wall Street slides; outage and quantum-security push in focus

Cloudflare stock sinks nearly 10% as Wall Street slides; outage and quantum-security push in focus

Cloudflare shares dropped 9.6% to $160.11 on Monday amid a broad selloff in U.S. software stocks following renewed tariff uncertainty. The decline followed Cloudflare’s announcement of a new post-quantum SASE platform and investor concerns over a Feb. 20 outage affecting BYOIP customers. Fastly and Zscaler also fell, while Akamai rose.
23 February 2026
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Uber stock slides nearly 5% on new robotaxi push — here’s what traders watch next

Uber stock slides nearly 5% on new robotaxi push — here’s what traders watch next

Uber shares fell 4.7% to $70.39 Monday afternoon amid a broader U.S. market decline. The company launched “Uber Autonomous Solutions” for robotaxi partners, offering services like fleet operations and support. Uber already runs autonomous vehicles in Phoenix and plans a shared service with Volkswagen in Los Angeles later this year. Next earnings are due May 6.
23 February 2026
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US economic calendar today: Stocks slide on tariff reset as factory orders fall, Fed in focus

US economic calendar today: Stocks slide on tariff reset as factory orders fall, Fed in focus

The S&P 500 fell 1.1% and the Dow dropped 1.6% Monday as tariff uncertainty rattled markets after the Supreme Court struck down Trump’s emergency tariffs and he announced new levies. Factory orders declined 0.7% in December, while the Chicago Fed’s activity index turned positive in January. Gold rose 2.2% and Treasury yields eased. Traders watched for fresh inflation data and major earnings, including Nvidia.
23 February 2026
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Mortgage rates today slip back into the 5s as Treasuries firm; Rocket Mortgage stock slides

Mortgage rates today slip back into the 5s as Treasuries firm; Rocket Mortgage stock slides

The average top-tier 30-year fixed mortgage rate fell to 5.99% Monday, dropping below 6% as Treasury yields eased. Mortgage lenders and homebuilder stocks declined, with Rocket Companies down 4.7% and D.R. Horton off 0.6%. The SPDR S&P Homebuilders ETF lost 2.0%. Traders are watching consumer confidence data and Federal Reserve speakers for further rate direction.
23 February 2026
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Oil price today: Brent slips but holds near six-month high as U.S.-Iran talks, tariffs loom

Oil price today: Brent slips but holds near six-month high as U.S.-Iran talks, tariffs loom

Brent crude fell 37 cents to $71.39 a barrel and WTI dropped 27 cents to $66.21 by midday Monday, both near six-month highs. U.S.-Iran nuclear talks and new U.S. tariffs kept risk premiums elevated. Global stocks slipped and gold rose after President Trump announced a temporary 15% global tariff. Goldman Sachs raised its Q4 2026 oil forecast, citing low inventories but warned of downside risks if sanctions ease.
23 February 2026
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Exxon Mobil stock price today: XOM rises as oil hovers near six-month highs and Supreme Court cases draw focus

Exxon Mobil stock price today: XOM rises as oil hovers near six-month highs and Supreme Court cases draw focus

Exxon Mobil shares rose 2.2% to $150.47 Monday, outperforming the broader market as oil prices held near six-month highs. The U.S. Supreme Court agreed to hear Exxon's bid to dismiss Boulder’s climate lawsuit and a separate $1 billion Helms-Burton claim against Cuba. Brent crude slipped 0.52% to $71.39 a barrel. Traders await U.S.-Iran talks in Geneva on Thursday.
23 February 2026
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JPMorgan stock slides more than 4% as tariff uncertainty rattles banks ahead of after-close update

JPMorgan stock slides more than 4% as tariff uncertainty rattles banks ahead of after-close update

JPMorgan Chase shares fell 4.4% to $297.08 on Monday amid a broad decline in bank stocks as investors reacted to U.S. tariff uncertainty. The drop followed news that U.S. Customs will halt tariff collections after a Supreme Court ruling. JPMorgan will hold a company update at 4:30 p.m. ET. The bank also disclosed it closed Donald Trump’s accounts in 2021 after the Capitol attack.
23 February 2026
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Bitcoin price drops below $65,000 as tariff whiplash hits risk bets, $60,000 watched

Bitcoin price drops below $65,000 as tariff whiplash hits risk bets, $60,000 watched

Bitcoin fell about 4.4% to $64,376 in New York Monday after President Trump raised the global tariff to 15%, sparking risk-off moves across markets. Crypto funds saw $288 million in outflows last week, the fifth consecutive week of withdrawals, according to CoinShares. Coinbase shares slid 6%. Traders are watching the $60,000 bitcoin support and the March 6 U.S. jobs report.
23 February 2026
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Robinhood stock drops as bitcoin slides on tariff jitters; what traders watch next

Robinhood stock drops as bitcoin slides on tariff jitters; what traders watch next

Robinhood shares dropped 5.5% to $71.96 Monday, hitting a low of $71.44, as risk assets fell after President Trump announced a new 15% global tariff. Bitcoin slid 4.3% to $64,443, with other crypto-linked stocks also down. Robinhood ended January with 27.2 million funded customers and $324.4 billion in platform assets. Investors are watching for the next catalyst after a volatile stretch.
23 February 2026
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Gold price hits a three-week high as Trump tariff uncertainty revives safe-haven bids

Gold price hits a three-week high as Trump tariff uncertainty revives safe-haven bids

Spot gold jumped 1.8% to $5,198.72 an ounce by midday Monday, hitting a three-week high as traders reacted to fresh uncertainty over U.S. tariffs after a Supreme Court ruling. U.S. gold futures for April rose 2.7% to $5,219. The dollar weakened, Treasury yields slipped, and U.S. stocks fell. Investors are watching for Fed signals and the February jobs report due March 6.
23 February 2026
Arcellx stock jumps 78% on Gilead’s $7.8 billion buyout — deal terms, risks and next catalyst

Arcellx stock jumps 78% on Gilead’s $7.8 billion buyout — deal terms, risks and next catalyst

Arcellx shares jumped 77.6% to $113.84 after Gilead Sciences agreed to buy the company for $115 per share in cash plus a contingent value right tied to anito-cel sales. The deal came as U.S. stocks fell on new 15% global tariffs announced by President Trump. Gilead shares slipped 0.6%. Investors are watching the FDA’s Dec. 23, 2026 review deadline for anito-cel, a CAR-T therapy for multiple myeloma.
23 February 2026
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FTSE 100 ends flat as Trump tariff reset jars UK stocks; Johnson Matthey sinks

FTSE 100 ends flat as Trump tariff reset jars UK stocks; Johnson Matthey sinks

FTSE 100 closed down 0.02% at 10,684.74 as tariff concerns resurfaced after President Trump announced a new 15% global import levy. FTSE 250 dropped 0.9%. Miners gained on higher gold and oil prices, while software and data stocks fell on AI worries. Johnson Matthey shares plunged over 17% after cutting the sale price of its catalyst unit to Honeywell.
23 February 2026
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