Zoom Communications (ZM) stock tumbles after profit outlook miss; AI spending and churn in focus
Zoom shares fell about 12% to $75.11 Thursday after the company forecast first-quarter adjusted profit below
IBM stock price rebounds again after Anthropic’s COBOL claim sparked a selloff — what’s next
IBM shares rose 1.7% to $241.68 late Thursday, extending a rebound after a 13.2% plunge earlier in the week triggered by AI startup Anthropic’s claims about modernizing COBOL. A UBS upgrade and
Eli Lilly stock slips as new orforglipron data raises side-effect questions vs Novo pill
Eli Lilly shares fell about 1% Thursday after new trial data showed its experimental weight-loss pill, orforglipron, caused more stomach-related side effects
GE Vernova stock slips today as Poland SMR deal lands — what moved GEV and what’s next
GE Vernova shares fell 1% to $867.03 Thursday afternoon, after hitting a record high Wednesday and surging 5.8% Tuesday. The company’s nuclear
Lithium price jumps after Zimbabwe export ban jolts China futures and mining stocks
China’s lithium carbonate futures jumped 6.07% to 178,020 yuan per ton after Zimbabwe halted exports of raw minerals and lithium concentrates with
Gasoline prices are edging up again — what U.S. traders are watching next
U.S. gasoline futures rose and pump prices increased, with the national average up over 5 cents to $2.98 a gallon, AAA reported.
US economic calendar today: Jobless claims at 212,000 as Nvidia slides and Nasdaq dips
Nvidia shares fell 4.99% Thursday despite reporting quarterly revenue of $39.33 billion and forecasting above-consensus sales. The S&P 500 dropped 0.77% and the Nasdaq slid 1.51% as investors reduced exposure to megacap tech. Weekly jobless claims rose to 212,000. Salesforce issued a revenue forecast below estimates and announced a $50 billion buyback.
Natural gas price slides to $2.81 as UNG drops; traders eye March 5 EIA report
U.S. natural gas futures fell 2% to $2.81 per mmBtu Thursday, pressured by mild March weather forecasts and steady output. The United
Dow Jones drops more than 200 points as Nvidia slide after earnings rattles tech mood
The Dow Jones Industrial Average fell 231 points to 49,251 by midday Thursday, dragged down by declines in Nvidia and Caterpillar. Nvidia
Silver price today slides nearly 3% after $90 test as Iran talks, tariffs keep traders cautious
Spot silver fell 3% to $86.44 an ounce Thursday after briefly topping $90, according to Kitco. Gold edged up 0.1% to $5,168.80.
ASX 200 futures point lower after record close as Australia shares eye Nvidia jitters, earnings
S&P/ASX 200 futures fell to 9,119.5 in early Friday trade, 56 points below Thursday’s record close. Miners and healthcare stocks led Thursday’s
XRP price slips after Wednesday pop as traders eye SEC crypto ETF deadline
XRP dropped 5.36% to about $1.39 in the past 24 hours as traders awaited a U.S. SEC decision due Feb. 26 on a proposed T. Rowe Price crypto ETF that could include XRP. Bitcoin fell to $66,800 and ether to $1,985. XRP’s earlier rally faded as crypto markets cooled and risk appetite waned.
FTSE 100 closes at record high as Rolls-Royce leaps and LSEG buyback lifts UK shares
The FTSE 100 closed up 0.4% at a record 10,846.70, driven by gains in Rolls-Royce and London Stock Exchange Group. Rolls-Royce surged after raising profit targets and announcing a buyback, while LSEG advanced on a £3 billion buyback plan. Investors are watching for a possible Bank of England rate cut and the UK Spring Forecast on March 3.
Coinbase stock swings again as 24/5 stock-trading push meets a choppy session
Coinbase shares fell 2.4% to $179.47 by midday Thursday, reversing part of Wednesday’s 13.5% surge after launching 24/5, commission-free stock and ETF trading for U.S. users. The rollout comes as investors await CFO Alesia Haas’s March 3 conference appearance and watch early adoption of the new service.
Western Digital stock price slides as Nvidia jitters hit AI-linked storage names
Western Digital shares fell 5.3% to $275.65 by midday Thursday, tracking declines in tech stocks after Nvidia’s results. The drop followed S&P Global Ratings’ upgrade of Western Digital to BBB- earlier in the week. The company recently redeemed senior notes and eliminated its Series A preferred stock. Management is set to present at Morgan Stanley’s TMT Conference on March 3.
CrowdStrike stock rebounds after AI scare as VAST partnership, FalconID rollout hit tape
CrowdStrike shares rose 3.9% to $377.38 in midday trading Thursday, rebounding after a sharp selloff in cybersecurity stocks this week. The company announced a new AI partnership with VAST Data and launched FalconID, a multi-factor authentication product. Investors await CrowdStrike’s March 3 earnings report for updates on demand. DA Davidson cut its price target to $425 from $580, citing recent volatility.
UnitedHealth stock price drops as Medicare Advantage enrollment slips; UNH investors eye CMS rates
UnitedHealth Group shares fell 2.6% to $284.20 Thursday after federal data showed its Medicare Advantage enrollment dropped over 5% year-over-year to 9.3 million. The board approved a $2.21 quarterly dividend. A securities filing added a two-year holding period to CEO Stephen Hemsley’s stock options. CMS will announce final 2027 Medicare Advantage rates by April 6.
Corning stock price drops 4% as Citi’s $170 target puts OFC conference in focus
Corning shares fell 4.1% to $153.90 by late Thursday morning, reversing after hitting a 52-week high the day before. Citigroup raised its price target to $170 and put Corning on a 30-day “catalyst watch” ahead of the Optical Fiber Communication conference in March. Traders are watching for management comments and updates on AI data-center optical demand. Trading volume neared 9.6 million shares as the Nasdaq dropped 1.3%.
Snowflake stock rises in New York trade after upbeat outlook; AI deals, margins in focus
Snowflake shares rose 3.6% to $175.47 in late-morning New York trading after the company posted quarterly revenue of $1.28 billion, up 30%, and forecast fiscal 2027 product revenue above analyst estimates. CEO Sridhar Ramaswamy said Snowflake signed its largest deal yet, over $400 million, and struck multi-year agreements with OpenAI and Anthropic.
Lumentum stock drops 5% in regular session — why LITE is swinging and what’s next
Lumentum shares fell 5.1% to $686.69 Thursday, reversing the prior day's gain, as the Nasdaq dropped 1.3%. The stock traded between $662 and $728 with no new company news since early February. Investors await updates from management’s investor meetings and a March 2 conference webcast. Wall Street’s average one-year price target stands at $565.29.
Palantir stock slips today after CEO Karp’s share-sale filing as tech rally cools
Palantir shares fell 0.7% to $133.22 Thursday after CEO Alex Karp disclosed sales of 493,025 shares tied to RSU vesting, according to an SEC filing. The Nasdaq dropped 0.87% as Nvidia declined and investors awaited Friday’s U.S. producer price data.
Circle (CRCL) stock jumps again as USDC hits $75.3 billion — what investors watch next
Circle Internet Group shares climbed 7% to $89.01 Thursday morning, extending a two-day rally. USDC in circulation rose 72% to $75.3 billion by year-end 2025, with Q4 revenue and reserve income at $770 million. Investors focused on 2026 margin and expense guidance, and progress on Circle’s Arc blockchain and payments efforts.
Alphabet (Google) Class C stock price slides as EU search shake-up looms; March 3 CFO talk next
Alphabet’s Class C shares dropped 2.9% to $303.93 Thursday morning after reports Google will test changes to its European search results as EU regulators review possible Digital Markets Act violations. Google also signed new power supply deals for data centers in Minnesota and Texas. A Russian court fined Google over 22 million roubles for distributing VPNs. Investors await CFO Anat Ashkenazi’s update on March 3.
Meta stock slips on EU antitrust setback as traders eye AI chips and the next catalyst
Meta shares fell about 0.5% after an EU court adviser recommended dismissing the company’s appeals against antitrust data requests. Investors are also watching Meta’s AI chip deal with AMD and a Louisiana data-center project facing scrutiny. CFO Susan Li is scheduled to speak at a Morgan Stanley conference on March 4.
Nvidia Stock Price Targets Pop After $78B Forecast as RBC, Truist Lift Views
RBC raised its Nvidia price target to $250 and Truist to $283 after Nvidia forecast first-quarter revenue of about $78 billion, excluding China data-center compute sales. HSBC trimmed its target to $310, citing valuation and custom AI chip competition. Nvidia shares fell about 3% in early trading. Wall Street’s average target stands at $271.32, with most analysts rating the stock a buy.
AMD stock price drops today as Meta warrant terms and Nutanix AI deal hit the tape
AMD shares dropped 2.3% to $206.00 in early trading Thursday after volatile moves tied to new AI chip supply deals with Meta and Nutanix. The Meta pact includes a warrant to buy up to 160 million AMD shares at $0.01, vesting as chip shipments hit milestones. Investors await more details on margins and supply at AMD’s March 3 conference appearance.
Nvidia stock drops after earnings beat — NVDA investors eye China sales, March GTC
Nvidia shares fell 3.6% to $188.42 in early New York trading Thursday despite reporting quarterly revenue and earnings above Wall Street estimates and issuing a strong forecast. The company’s outlook excludes China data-center chip revenue, though Nvidia has U.S. licenses to ship limited H200 chips there. Traders await more details at Nvidia’s March GTC keynote.
Micron stock turns lower after Wednesday jump as Nvidia fuels AI trade
Micron shares fell 0.8% to $425.48 early Thursday after a 2.6% gain Wednesday. The company will report fiscal Q2 results and hold a conference call on March 18. Investors are watching memory pricing and AI server demand after Nvidia’s strong outlook. Micron’s high-bandwidth memory supply remains a key focus.
Tesla stock slips as California robotaxi permit gap grabs attention — what TSLA investors watch next
Tesla shares fell 1% to $413.23 in early trading after a report said the company logged zero autonomous test miles in California for 2025 and lacks higher-level permits. Director Kathleen Wilson-Thompson disclosed a plan to sell 25,731 shares. A U.S. judge allowed an employment-bias lawsuit against Tesla to proceed.
Coinbase stock price today: COIN holds near $184 after 24/5 stock-trading rollout
Coinbase shares were flat early Thursday at $184.02 after jumping 13.55% Wednesday as the company opened U.S. stock and ETF trading to all users. The new feature offers 24/5 access and zero commission on eligible trades. Apex Fintech Solutions handles clearing and custody. Bitcoin rose 2.3% to $67,909, while ether gained 4.7% to $2,064.
Figma stock slips in early trade after two-day rally as insider filings hit tape
Figma shares fell 0.9% to $30.96 in early Thursday trading, paring gains after two days of double-digit rallies. Director Andrew Reed disclosed buying over 554,000 shares last week, while a Form 144 flagged potential insider sales. The moves follow Figma’s strong fourth-quarter results and ahead of planned pricing changes in March. Investors await the next earnings report on May 14.
AXT (AXTI) stock slips premarket after a 44% two-day surge — export permits and Nvidia’s outlook in focus
AXT Inc shares fell 2.4% to $39.99 in premarket trading Thursday after a 44% rally over two days. The company, which makes indium phosphide substrates used in AI infrastructure, faces uncertainty over Chinese export permits. AXT trimmed its Q4 revenue outlook in January citing permit delays. Next quarterly results are due April 23.
Photronics stock (PLAB) steadies premarket after 15% earnings jump — what to watch next
Photronics shares rose 0.3% premarket Thursday after a 14.7% surge Wednesday, closing at $43.57. The company reported first-quarter revenue up 6.1% to $225.1 million and GAAP net income of $42.9 million. Second-quarter revenue guidance was $212–$220 million, with non-GAAP EPS of $0.49–$0.55. Investors await management’s Feb. 27 call for updates on chip and display demand.
Axon stock steadies near $521 in premarket after earnings surge, analyst target hike
Axon shares rose 0.2% to $520.99 in premarket trading Thursday after a 17.6% surge the previous session. The company reported Q4 revenue of $797 million, up 39%, and forecast 2026 revenue growth of up to 30%. A director-officer filed to sell 10,000 shares under Rule 144. TD Cowen raised its price target to $950.
AMD stock price dips in premarket as Meta mega-deal meets dilution questions and a fresh Nutanix tie-up
AMD shares fell 1.3% to $208.15 in premarket trading Thursday after a two-day AI-driven rally. The drop follows news of a multi-year Meta supply deal involving warrants for up to 160 million AMD shares, and a $150 million investment in Nutanix. Investors remain cautious about AI monetization and dilution risks tied to the Meta agreement. U.S. stock index futures showed little movement after Nvidia’s earnings.
PayPal stock ticks up in premarket as Stripe takeover talk hangs over PYPL
PayPal shares rose 0.2% to $47.41 in premarket trading Thursday after reports that Stripe is considering a takeover or asset purchase. Both companies declined to comment. The move follows PayPal’s new embedded-payments partnership with Rainforest and comes ahead of its May 5 earnings call. Stripe was valued at $159 billion in a recent tender offer.