Coinbase shares fell 1.6% to $182.36 in after-hours trading Tuesday, tracking declines in bitcoin and global stocks as Middle East tensions escalated. Chief Legal Officer Paul Grewal sold 1,314 shares on Feb.
JPMorgan Chase shares rose 0.9% to $300.26 in after-hours trading Tuesday as Treasury yields climbed and traders pushed back expectations for a Fed rate cut to September. Wall Street closed lower on concerns the Middle East conflict could fuel inflation. The S&P 500 fell 0.94%. Investors are awaiting U.S. jobs data on March 6 and the Fed’s policy meeting later this month.
Netflix shares rose 0.6% to $97.70 in after-hours trading Tuesday after JPMorgan upgraded the stock to “overweight” with a $120 target. A Form 4 filing showed CFO Spencer Neumann sold 57,260 shares under a preset plan. Investors are watching for his comments at a conference Wednesday. The moves follow Netflix’s exit from a major acquisition and a $2.8 billion termination fee.
AMD shares fell 3.9% to $190.95 Tuesday and slipped another 0.15% after hours, tracking a broader semiconductor selloff as oil surged 4.7% on Middle East tensions. CEO Lisa Su said enterprise demand remains strong and AMD is seeking China licenses for its MI325 chips. Insider filings showed CFO Jean Hu and CCO Philip Guido disposed of shares for tax withholding. Investors weighed AMD’s $60 billion AI chip deal with Meta.
Microsoft shares rose 1.3% to $403.82 in after-hours trading Tuesday, valuing the company at about $3.6 trillion. Oil prices surged, with U.S. crude up 4.7% to $74.56 a barrel. OpenAI said it is revising its Pentagon contract after U.S. agencies shifted away from Anthropic. Investors await Microsoft’s appearance at a Morgan Stanley conference and Friday’s U.S. jobs report.
Apple shares fell 0.4% to $263.71 in after-hours trading Tuesday after unveiling new MacBook Air and Pro models with M5 chips and higher base storage. The company also launched the iPhone 17e at $599 with 256GB storage, as memory chip prices rise globally. Preorders for all devices open March 4, with availability starting March 11. The Nasdaq closed down about 1% amid Middle East tensions and higher oil prices.
Micron shares fell 8% to $379.83 in after-hours trading Tuesday, hitting a session low of $375.11 as memory chip stocks slumped. The company announced it is shipping samples of a 256GB low-power server memory module for AI data centers. U.S. stocks broadly declined amid rising oil prices and Middle East tensions. About 38 million Micron shares traded hands.
Analysts maintained a “Hold” rating on fuboTV with a $3.33 average price target, MarketBeat reported Monday. Shares traded near $1.20 Tuesday, close to their 52-week low. CEO David Gandler sold 170,279 shares in January to cover taxes on vested awards, according to an SEC filing. Fubo reported $1.549 billion in quarterly revenue and a net loss of $19.1 million.
Spotify shares climbed 2% to $517.60 Tuesday, rebounding from a session low of $491, as about 2.15 million shares changed hands. The broader U.S. market fell amid rising oil prices and Middle East tensions. Spotify launched a new content hub in Latin America and faces a $1.5 billion note maturity on March 15. U.S. crude settled up 4.7% at $74.56 a barrel.
Constellation Energy shares recovered from an early 5.4% drop to trade down 0.1% at $326.74 late Tuesday. Oil prices surged about 6% as Middle East tensions disrupted shipping, sending Brent to $82.44 a barrel and pressuring U.S. stocks. Investors await Constellation’s March 31 outlook call for 2026 guidance.
Analog Devices shares fell nearly 4% to $338.69 Tuesday as chip stocks slid on inflation fears tied to surging oil prices and Middle East tensions. The iShares Semiconductor ETF dropped 4.8%, while Texas Instruments and Microchip Technology also declined. Analog Devices CFO cited strong industrial and data center demand at a Morgan Stanley event. The company’s $1.10 dividend is payable March 17.
Rocket Lab shares rose 0.3% to $71.16 Tuesday after CEO Peter Beck filed to sell up to 28,761 shares worth about $2 million. The stock swung nearly 10% intraday. Cantor Fitzgerald raised its price target to $85 following the Geost acquisition, while other analysts cited delays in the Neutron rocket program. Rocket Lab reported record annual revenue of $602 million and a $1.85 billion backlog.
SoFi Technologies shares rose 2% to $18.76 Tuesday after announcing an expanded partnership with Mastercard to use SoFiUSD stablecoin for card payment settlements. CEO Anthony Noto bought 56,000 shares on March 2, raising his stake to over 11.6 million shares. Mastercard shares gained 0.6%. Investors await details on rollout timing and adoption.
KLA Corp shares dropped 5.9% to $1,444.25 Tuesday afternoon, leading declines among chip-equipment makers as Lam Research fell 6.3%, Applied Materials 5.7%, and ASML 3.8%. The selloff followed renewed energy-price concerns tied to Middle East tensions. Investors are watching Friday’s U.S. jobs report for signals on interest rates.
AeroVironment shares jumped nearly 11% to $231.12 after the company said it remains in talks with the U.S. Space Force over the SCAR contract, reversing a 17% drop from Monday. The stock saw heavy trading after concerns the SCAR program would be rebid. Analysts remain divided on the impact to backlog and earnings. More details are expected March 10.
Palo Alto Networks shares jumped 4% to $156.21 Tuesday after Wells Fargo began coverage with a $200 price target, citing a favorable entry point despite recent declines. The gain came as U.S. stocks broadly fell on Middle East tensions. Palo Alto announced new AI and 5G security partnerships at Mobile World Congress. Investors remain wary after the company cut its 2026 profit forecast last month due to higher acquisition costs.
ScottishPower CEO Keith Anderson criticized UK offshore wind auction rules after the company’s East Anglia ONE North project lost out to RWE-backed Dogger Bank South in the government’s latest subsidy round. Anderson warned the rules favor projects without planning consent, raising delivery risks. The government awarded contracts for 8.4 GW of offshore wind in Allocation Round 7.
Newmont Corp shares fell 8.8% to $117.35 Tuesday, tracking a sharp drop in spot gold, which slid 3.6% to $5,137 an ounce. Spot silver dropped 6.6% to $83.50. Sector peers Agnico Eagle Mines, AngloGold Ashanti, and Kinross Gold also posted steep declines. Newmont will pay a $0.26 quarterly dividend on March 26 to shareholders of record as of March 3.
Walmart shares rose 0.7% to $127.93 Tuesday, bucking a 1.7% drop in major U.S. indexes as Middle East conflict sent oil prices surging. Brent crude jumped 6.1% to $82.44 a barrel after U.S.-Israel strikes widened, raising concerns about inflation and future Fed rate cuts.
Citigroup shares recovered after an early 4% drop Tuesday, closing nearly flat as investors reacted to Middle East tensions and the bank’s move to have some Gulf staff work from home. U.S. stocks fell broadly on higher energy prices and shifting rate expectations. Citi filed a pricing supplement for callable zero-coupon notes due 2038. Traders await Friday’s U.S. jobs report and the Federal Reserve’s March meeting.
UnitedHealth Group shares fell 2.1% to $288.79 Tuesday, tracking losses in major health insurers as Wall Street slid on inflation and Middle East conflict concerns. The Centers for Medicare & Medicaid Services told Elevance it may suspend new enrollments in its Medicare Advantage drug plans over regulatory deficiencies. UnitedHealth filed a new shelf registration and named Dennis Stankiewicz chief accounting officer.
Robinhood shares fell 1.9% to $77.30 Tuesday as U.S. stocks and bitcoin declined. The company and its TradePMR unit launched a pilot “Robinhood Advisor Network” for select employees, with a wider rollout planned for Q2. Investors await the “Take Flight” product event on March 4. CFO Shiv Verma reported $5.5 billion in net deposits for February.
NY Harbor ULSD futures jumped 13.45% to $3.29 a gallon Tuesday as Middle East shipping disruptions tightened distillate supplies. Brent crude rose 7.8% to $83.81 a barrel, and U.S. diesel futures topped $3 for the first time since November. Tanker traffic slowed in the Strait of Hormuz after attacks on ships. President Trump was set to review U.S. policy options to address rising energy prices.
Albemarle shares fell 6.1% to $167.33 as China’s lithium carbonate futures dropped nearly 13%, triggering declines in SQM and Sigma Lithium. The Global X Lithium & Battery Tech ETF lost 6.3%. China’s most-active lithium carbonate contract closed at 150,860 yuan a tonne after hitting its daily limit-down. Weak February EV sales in China and risk-off flows into gold pressured sentiment.
Amgen shares dropped 2.3% to $377.01 after Kyowa Kirin halted all trials of the experimental drug rocatinlimab due to new safety concerns, including cases of malignancy. Kyowa Kirin had already ended its development partnership with Amgen. The decline outpaced broader healthcare and biotech sector losses. Investors await further safety disclosures and Amgen’s next quarterly results in late April.
Oil prices jumped about 8% Tuesday as the U.S.-Israel air war against Iran blocked shipments through the Strait of Hormuz, now closed for a fourth day. Brent hit $83.81 a barrel, its highest since July 2024, while U.S. gasoline and diesel futures surged past $3 a gallon. Iraq cut output by over 1 million barrels per day. President Trump is reviewing options to control energy prices, including use of the Strategic Petroleum Reserve.
U.S. April natural gas futures jumped 5.6% to $3.125 per mmBtu Tuesday as traders reacted to LNG supply disruptions and shipping risks from the Iran conflict. Qatar halted LNG output after strikes at Ras Laffan, and Iran declared the Strait of Hormuz closed. European gas prices surged nearly 50% Monday. Market attention now shifts to Thursday’s U.S. storage data and temperature forecasts.