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Micron Shares Slide Amid Oil Spike, Tech Rout Overshadows New AI Memory
Micron Technology shares dropped more than 6% Tuesday as a sharp rise in oil prices triggered a broad risk-off move in markets, pressuring chip stocks. The decline came even as Micron announced customer samples of a new high-density, power-efficient memory module designed for AI servers.
Nvidia Shares Slide Amid Tech Rout, $4B Optics Investment
Nvidia shares declined over 2% in early trading, caught in a wider technology sector downturn. The chipmaker announced multiyear agreements to invest $2 billion each in optics companies Lumentum and Coherent.
Circle Stock Retreats Amid Rate Uncertainty and Insider Transactions
Circle Internet Group's stock declined 3.9% to $92.38 in Tuesday's early session, reversing recent gains. The drop coincided with insider sales and broader pressure on crypto-linked assets as rate cut expectations adjusted.
Apple Shares Dip Amid Tech Selloff as New M5 MacBooks and Budget iPhone Launch
Apple shares declined 0.9% to $262.44 Tuesday, caught in a broader tech selloff driven by a surge in oil prices. The company unveiled refreshed MacBooks with M5 chips and a lower-cost iPhone 17e, with preorders beginning March 4.
Markets Reel as Middle East Conflict Sparks Energy Price Surge
Global equities declined sharply as a widening military conflict with Iran triggered a surge in energy prices and disrupted critical supply routes, raising fresh concerns over inflation and economic growth.
Figure Tech Shares Stabilize After Surge, Lock-Up Expiry Nears
Figure Technology Solutions shares consolidated in premarket trading following a significant rally, as investors await the expiration of insider lock-up restrictions next week. The company recently reported Q4 results and authorized a substantial share repurchase program.
Oil Spike Dampens Fed Rate Cut Bets, Complicates Warsh's Path
Escalating Middle East conflict has sent oil prices surging, forcing markets to sharply reduce expectations for near-term Federal Reserve interest rate cuts. This complicates the policy landscape for Fed chair nominee Kevin Warsh.
Vodafone Partners with Amazon's Satellite Network to Boost Rural 5G
Vodafone has signed a deal with Amazon's satellite venture to provide backhaul for remote cellular towers, aiming for initial service in 2026 with speeds up to 1 Gbps.
Apple Shares Edge Lower as iPhone 17e Launch Kicks Off Preorder Week
Apple shares declined approximately 0.5% before Tuesday's opening bell after unveiling its new iPhone 17e and redesigned iPad Air. Qualcomm stock also fell as Apple advances its in-house modem strategy.
Opendoor Shares Extend Decline as 4.99% Mortgage Beta Stirs Margin Concerns
Opendoor Technologies shares extended losses in Tuesday's premarket session, sliding roughly 5% after a sharp decline Monday. The move follows CEO Kaz Nejatian's announcement of a beta program offering 4.99% 30-year fixed mortgages to Opendoor homebuyers.
Petrobras Shares Extend Rally on Oil Price Surge; Q4 Results Loom
Petrobras shares climbed for a third session as Brent crude surged past $83 per barrel. The company's fuel pricing strategy and upcoming fourth-quarter earnings on March 5 are key investor focuses.