Marcin Frąckiewicz

Marcin Frąckiewicz is the CEO of TS2 Space and a longtime technology entrepreneur focused on telecommunications, satellite communications and digital innovation. A graduate of the Warsaw School of Economics (SGH), he writes about space technology, artificial intelligence and publicly traded technology companies. His analysis covers major market trends, emerging technologies and the businesses shaping the future of the global economy.

Amgen stock slides as Kyowa Kirin halts rocatinlimab trials on cancer concerns
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Amgen stock slides as Kyowa Kirin halts rocatinlimab trials on cancer concerns

New York, March 3, 2026, 13:41 ET — Regular trading hours Amgen Inc shares dropped $8.69, or 2.3%, to $377.01 as of 1:41 p.m. ET Tuesday, after Kyowa Kirin out of Japan pulled the plug on all current trials for its experimental drug rocatinlimab. The Japanese company had previously wrapped up its development and commercialization partnership with Amgen around rocatinlimab.
March 3, 2026
Oil prices surge 8% as Strait of Hormuz disruption deepens; Brent tops $83
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Oil prices surge 8% as Strait of Hormuz disruption deepens; Brent tops $83

New York, March 3, 2026, 13:29 EST — Regular session Oil shot up roughly 8% Tuesday, with Brent climbing to levels not seen since July 2024, as the U.S.-Israel air campaign against Iran threw fuel shipments into disarray and stoked worries over a drawn-out fight. By 10:35 a.m. EST, Brent had rallied $6.07, or 7.8%, to $83.81 a barrel; U.S. West Texas Intermediate jumped $6, up 8.4%, settling at $77.23. Both benchmarks are now showing overbought signals after the rally. Andrew Lipow, a consultant, noted that any further attacks on key infrastructure in the region could tack on another $10 to prices, putting Brent in striking distance of $90.
March 3, 2026
India stock market today: Holi shuts NSE/BSE, oil shock keeps Nifty and Sensex on edge
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India stock market today: Holi shuts NSE/BSE, oil shock keeps Nifty and Sensex on edge

Bengaluru, March 3, 2026, 23:03 IST — Market finished for the day. India’s stock market took a break Tuesday for Holi, leaving both the NSE and BSE shuttered until Wednesday. Ajit Mishra, senior vice president of research at Religare Broking, flagged the Nifty hovering close to its “support” zone at roughly 24,600—a spot where buyers usually show up. If that level gives way, he said, the pullback could get steeper.
March 3, 2026
Goldman Sachs stock slips as oil shock and rate-cut doubts rattle Wall Street
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Goldman Sachs stock slips as oil shock and rate-cut doubts rattle Wall Street

NEW YORK, March 3, 2026, 11:43 — Regular session Goldman Sachs Group Inc shares slid $15.78, or 1.8%, to $845.92 by 11:27 a.m. ET on Tuesday, with trading bouncing between $824.87 and $850.01 as investors unloaded bank stocks alongside the wider market. JPMorgan Chase & Co dipped 0.4%, Morgan Stanley dropped 2.3%, and Bank of America lost 0.8%. The S&P 500 ETF SPY and the Financial Select Sector SPDR Fund XLF slipped roughly 1.5% and 1.1%.
March 3, 2026
Gold tumbles 5% as the dollar climbs and the Iran war tests the safe-haven bid
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Gold tumbles 5% as the dollar climbs and the Iran war tests the safe-haven bid

Gold tumbled over 5% Tuesday, snapping back from a four-week peak as the metal lost ground to a firmer dollar and higher bond yields. Spot gold dropped 5.6%, sitting at $5,029.59 an ounce at 1450 GMT. U.S. gold futures retreated 5.1% to $5,041.50. https://www.reuters.com/world/india/gold-extends-gains-middle-east-war-boosts-safe-haven-demand-2026-03-03/ This shift’s significant—markets are juggling two jolts simultaneously. Iran’s conflict is sending traders toward so-called safe havens whenever risk surges. Yet, the very same situation is pushing energy prices up, stirring inflation concerns all over again.
March 3, 2026
Oil hits 19-month high as Iran war rattles global stocks and delays rate-cut hopes
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Oil hits 19-month high as Iran war rattles global stocks and delays rate-cut hopes

Tuesday saw global equities and bonds tumble, rattled by a deepening U.S.-Israeli conflict with Iran. Oil and gas prices jumped, stoking fresh worries about another inflation jolt. That’s important right now, with investors previously betting on spring interest-rate cuts after inflation eased. Higher fuel costs feed into prices for energy, transport, and groceries—and can slow growth, too.
March 3, 2026
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