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.

Goldman Sachs stock sinks 7% as AI credit jitters and hot PPI hit banks

Goldman Sachs stock sinks 7% as AI credit jitters and hot PPI hit banks

Goldman Sachs shares fell 7.3% to $861.23 Friday, dragging the Dow down 660 points. Financial stocks sold off as AI-driven credit concerns intensified after U.S. producer prices rose 0.5% in January. Goldman’s asset management arm reported a 3.5% redemption rate in private credit for Q4 and $568 million in new subscriptions on Feb. 1. Markets await ISM and jobs data for further direction.
JPMorgan stock drops nearly 3% as credit jitters hit banks; jobs report looms

JPMorgan stock drops nearly 3% as credit jitters hit banks; jobs report looms

JPMorgan Chase shares fell 2.8% to $297.67 Friday amid a broad selloff in U.S. bank stocks and renewed credit contagion fears after a UK mortgage lender collapsed. A hotter-than-expected U.S. Producer Price Index added to rate uncertainty. Investors also sued JPMorgan and others over subprime auto securities. The 10-year Treasury yield dropped below 4% despite the inflation data.
27 February 2026
Nu Holdings stock slips again as Nubank earnings leave costs under a microscope

Nu Holdings stock slips again as Nubank earnings leave costs under a microscope

Nu Holdings shares slipped 0.27% to $15.02 Friday after a volatile reaction to fourth-quarter results showing net profit up 50% to $894.8 million. Analysts cited concerns over costs and the impact of a lower tax rate. Nu ended 2025 with 131 million customers and a 33% return on equity. The company highlighted a new reporting framework and noted ongoing regulatory steps in the U.S. and Mexico.
Vertiv (VRT) stock slides as hot inflation data rattles AI plays; new Hut 8 deal in focus

Vertiv (VRT) stock slides as hot inflation data rattles AI plays; new Hut 8 deal in focus

Vertiv shares fell 3.8% to $249.34 in afternoon New York trading Friday, underperforming a weak U.S. market after hotter-than-expected producer price data. The company this week announced its new OneCore modular build approach and disclosed AI data-center collaborations in the U.S. and India. Investors watched for insider-related filings and awaited next week’s U.S. jobs report for signals on rate policy.
CrowdStrike stock drops as hot PPI and fresh target cuts put CRWD back in focus

CrowdStrike stock drops as hot PPI and fresh target cuts put CRWD back in focus

CrowdStrike shares fell 4% to $365.67 Friday after U.S. wholesale inflation rose 0.5% in January, pressuring software stocks. Analysts trimmed price targets but kept buy ratings ahead of CrowdStrike’s March 3 earnings, where consensus expects $0.74 per share. The company launched its FalconID authentication product Thursday. Peers like Zscaler also dropped after reporting losses.
Caterpillar stock slides as hot inflation data hits cyclicals — what to watch next week

Caterpillar stock slides as hot inflation data hits cyclicals — what to watch next week

Caterpillar shares fell 2.1% to $737.09 Friday afternoon, retreating from recent highs as Wall Street dropped on renewed inflation concerns. Wells Fargo raised its price target for Caterpillar to $870, but higher-than-expected U.S. producer prices fueled bets the Federal Reserve will delay rate cuts. Traders are watching next week’s jobs report and the CONEXPO-CON/AGG show for demand signals.
27 February 2026
Oil prices jump on Iran deal jitters as Brent nears $73; OPEC+ meeting next

Oil prices jump on Iran deal jitters as Brent nears $73; OPEC+ meeting next

Crude oil prices climbed Friday, with WTI up 2.2% at $66.66 a barrel and Brent at $72.43, after the U.S. military moved forces into the Middle East. Traders cited supply risks from U.S.-Iran tensions and awaited Sunday’s OPEC+ meeting. Analysts noted a $4–$10 risk premium in prices, despite forecasts of oversupply later in 2026. Abu Dhabi and Saudi Arabia increased exports to buffer the market.
Mortgage rates today slide toward 6% as Rocket (RKT) stock climbs on earnings, Compass-Redfin deal

Mortgage rates today slide toward 6% as Rocket (RKT) stock climbs on earnings, Compass-Redfin deal

Rocket Companies shares rose 2.65% to $18.21 after reporting $2.69 billion in Q4 revenue and announcing a three-year listings partnership with Compass. Freddie Mac’s weekly 30-year fixed mortgage rate fell below 6% for the first time since September 2022. Investors await next week’s U.S. jobs report and the March Fed meeting for further direction on rates.
Oil prices jump 3% on Iran supply fears as Brent hits seven-month high

Oil prices jump 3% on Iran supply fears as Brent hits seven-month high

Brent crude rose about 3% to $72.84 a barrel Friday, with WTI up 3.6% to $67.54, as traders priced in Middle East supply risks amid stalled U.S.-Iran nuclear talks. The UAE and Saudi Arabia are increasing exports ahead of the March 1 OPEC+ meeting. Analysts raised 2026 oil price forecasts but warned of a possible supply glut later this year.
27 February 2026
Nvidia stock slides again, dragging AI shares as Wall Street questions the payoff

Nvidia stock slides again, dragging AI shares as Wall Street questions the payoff

Nvidia shares fell 2.4% Friday, extending losses after a steep drop post-earnings, and pulling other AI-linked tech stocks lower. The Dow dropped 1.22%, S&P 500 lost 0.66%, and Nasdaq slid 0.99% in late morning trading. Hotter-than-expected U.S. producer prices fueled inflation concerns and pressured high-valuation tech names. Global equity fund inflows hit a five-week low as investors grew cautious.
Dow Jones today: Why the index is down more than 600 points on inflation and AI nerves

Dow Jones today: Why the index is down more than 600 points on inflation and AI nerves

The Dow Jones Industrial Average dropped over 600 points, or 1.22%, by midday Friday after January’s producer inflation rose 0.5%, exceeding forecasts. S&P 500 and Nasdaq also fell, heading for their worst month since March 2025. American Express and Goldman Sachs accounted for most of the Dow’s decline. Investors focused on upcoming jobs and inflation data before the Fed’s March meeting.
Corning stock price today: GLW steadies after Thursday slide as Wall Street lifts targets

Corning stock price today: GLW steadies after Thursday slide as Wall Street lifts targets

Corning shares fell 0.5% to $149.60 in midday Friday trading after a 6.3% drop Thursday, with about 6 million shares changing hands. UBS raised its price target to $171 but trimmed long-term estimates, while Citigroup lifted its target to $170. The company is meeting investors Friday at Susquehanna’s annual tech conference. Thursday was the ex-dividend date for Corning’s $0.28 quarterly payout.
27 February 2026
CoreWeave stock slides nearly 19% as $35 billion spending plan jolts investors (CRWV)

CoreWeave stock slides nearly 19% as $35 billion spending plan jolts investors (CRWV)

CoreWeave shares dropped 19% to $79.09 by midday Friday after the company projected 2026 capital spending of $30–35 billion, more than double 2025 levels. Management warned of near-term margin pressure as it accelerates AI data-center expansion. The company posted a Q4 net loss of $452 million on $1.572 billion revenue. JPMorgan and Stifel cut their price targets, citing margin concerns and higher spending.
27 February 2026
UnitedHealth stock today: UNH rises on dividend return as Medicare Advantage rates near a key deadline

UnitedHealth stock today: UNH rises on dividend return as Medicare Advantage rates near a key deadline

UnitedHealth Group shares rose 1.72% to $291.60 by 11:44 a.m. EST Friday, outperforming a weaker market. The company authorized a $2.21 quarterly dividend, payable March 17. Medicare Advantage enrollment fell in seven states for 2026, with UnitedHealth’s count down over 5% but still leading at 9.3 million. The final 2027 Medicare Advantage rate announcement is expected by April 6.
27 February 2026
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