NEWS

A trader stands beneath a screen on the trading floor displaying the Dow Jones Industrial Average at the New York Stock Exchange (NYSE) in Manhattan, New York City

Dow Jones Today: Index Slides Over 500 Points as Middle East Conflict Escalates and Oil Surges

The Dow Jones Industrial Average plunged more than 500 points on March 2, 2026, extending recent losses as escalating military conflict in the Middle East — including U.S. and Israeli strikes on Iran followed by Iranian retaliation — drove a sharp risk-off move across global markets. Oil prices spiked dramatically on fears of supply disruptions, while safe-haven assets like gold rallied.
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Saudi Aramco is the world's biggest crude exporter

Saudi Aramco Shuts Down Ras Tanura Refinery After Iranian Drone Strike

Saudi Arabia's state oil giant Aramco halted operations at its massive Ras Tanura refinery on Monday after a drone strike targeted the facility, an industry source told Reuters, marking a dramatic escalation in the regional conflict as Iran retaliated against U.S. and Israeli strikes that killed Supreme Leader Ayatollah Ali Khamenei.
Intuit HQ

Intuit Stock Surges 3.7% After Strong Q2 Earnings Beat, AI Partnerships Fuel Optimism

Intuit Inc. (NASDAQ: INTU) shares climbed more than 3.7% on February 27, 2026, closing at $409.03 after the financial software giant reported robust second-quarter fiscal 2026 results that exceeded Wall Street expectations and reaffirmed full-year guidance amid accelerating adoption of AI-powered tools across its platforms.
Applied Optoelectronics

Applied Optoelectronics Stock Explodes 45% on Stellar Q4 Earnings Beat, Bullish AI-Driven Guidance

Shares of Applied Optoelectronics Inc. (NASDAQ: AAOI) surged as much as 45% on February 27, 2026, reaching new 52-week highs above $79 in intraday trading, after the optical networking company reported stronger-than-expected fourth-quarter results and issued robust guidance fueled by accelerating demand for high-speed data center transceivers amid the AI infrastructure boom.
Google has dropped initiatives aimed at making its workplace demographics better represent its diverse range of users, citing recent US presidential actions and court decisions

Alphabet Inc. Shares Dip on Heavy AI Spending Outlook Despite Strong Earnings Momentum

Alphabet Inc. (NASDAQ: GOOGL), the parent company of Google, saw its Class A shares close at $307.38 on Feb. 26, down 1.76% or $5.52 from the previous session's $312.90. The decline followed broader market pressures and investor concerns over the company's aggressive capital expenditure plans for artificial intelligence infrastructure.

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