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.

Amazon stock slips after-hours as AWS outage hits UAE and a $21 billion Spain buildout sharpens focus on spending

Amazon stock slips after-hours as AWS outage hits UAE and a $21 billion Spain buildout sharpens focus on spending

NEW YORK, March 2, 2026, 16:49 ET — Trades continue after the bell. Amazon.com dropped 0.8% by the close on Monday, a move echoed after hours with shares trading around $208.39. Power and connectivity failures hit Amazon Web Services in both UAE and Bahrain after a strike by unidentified objects set off a fire at an AWS data center in the United Arab Emirates. Authorities cut power to two clusters, and AWS is saying it’ll take at least a day to get everything fully back online. The outage took down about a dozen cloud services and caused ripple effects for local finance. Abu Dhabi Commercial Bank reported its platforms and mobile app went dark amid the broader IT breakdown. Microsoft,
March 2, 2026
AppLovin stock slips as Arete upgrades APP to neutral but cuts target to $340

AppLovin stock slips as Arete upgrades APP to neutral but cuts target to $340

New York, March 2, 2026, 15:17 ET — Regular session Shares of AppLovin slipped around 0.6% to $432.01 on Monday afternoon, following a swing from $410.55 to $436.59, with about 3.15 million shares changing hands. Arete Research bumped its rating on the marketing platform to neutral from sell but slashed the price target to $340, down from $458, according to MT Newswires.
March 2, 2026
XRP Price Hit by $358 Million Liquidation Wave as Middle East Conflict Rattles Crypto

XRP Price Hit by $358 Million Liquidation Wave as Middle East Conflict Rattles Crypto

Monday brought another blow for XRP long traders, caught by another wave of forced selling as leverage unwound across crypto markets. According to CoinGlass, roughly $358 million in liquidations hit over the last 24 hours. The price of XRP dropped from $1.40 down to $1.34, then managed to claw back to around $1.35. Oil and gas prices surged, with global equities under pressure as the U.S.-Israeli air campaign targeting Iran escalated. Bitcoin, meanwhile, advanced 4.6% to around $68,706, according to Reuters. “Markets are on edge,” said Chris Zaccarelli, chief investment officer at Northlight Asset Management, calling the reaction a “knee-jerk” shift away from risk.
March 2, 2026
Oil jumps, gas surges after Iran strikes shut Qatar LNG as Hormuz shipping stalls

Oil jumps, gas surges after Iran strikes shut Qatar LNG as Hormuz shipping stalls

Dubai, March 2, 2026, 23:38 Qatar halted liquefied natural gas production on Monday after Iranian drone strikes hit sites at Ras Laffan and Mesaieed. State-owned QatarEnergy was preparing to declare force majeure — a contract clause that lets a supplier suspend deliveries after extraordinary events — on LNG shipments, sources said. In Saudi Arabia, a drone strike forced a precautionary shutdown of units at Aramco’s 550,000-barrel-per-day Ras Tanura refinery, and Verisk Maplecroft analyst Torbjorn Soltvedt called it “a significant escalation.”
March 2, 2026
VIX Hits a Three-Month High as Iran Strikes Roil Wall Street and Oil Prices

VIX Hits a Three-Month High as Iran Strikes Roil Wall Street and Oil Prices

The Cboe Volatility Index jumped 1.45 points to 21.31 on Monday, touching a three-month high as traders digested the latest U.S. and Israeli strikes on Iran and a spike in crude prices that put inflation and growth jitters back in play. The S&P 500 hovered near unchanged late in the morning. “At times when there is nervousness, people will go to the leaders in the market,” said Joe Saluzzi, co-head of equity trading at Themis Trading. After fresh turmoil in the Middle East rattled the energy network—strikes, counterattacks, and facility shutdowns, plus shipping snarled through the Strait of Hormuz—oil prices spiked. Brent shot up as much as 13% to $82.37 a barrel before giving up some gains. U.S. crude jumped
March 2, 2026
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