Business News 26 February 2026 - 2 March 2026

Korro Bio Stock Climbs Before Holiday; Bigger Test Still to Come
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Korro Bio Stock Climbs Before Holiday; Bigger Test Still to Come

Korro Bio shares closed at $11.61 Friday, up 3.66% and about 14% above the May 15 close, before U.S. markets shut for Memorial Day. The company named KRRO-111 as its new AATD drug candidate after an earlier setback, reporting over 90% RNA editing in mouse models. Korro ended Q1 with $157.1 million in cash and a narrower net loss. H.C. Wainwright cut its price target to $15 from $20.
May 23, 2026
Johnson & Johnson stock drifts lower as FDA flags fresh Impella heart-pump recalls
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Johnson & Johnson stock drifts lower as FDA flags fresh Impella heart-pump recalls

Johnson & Johnson shares fell 0.2% to $247.98 Monday after the FDA finalized three Class I recalls for certain Impella RP heart pumps linked to 22 injuries. The recalls cite sensor drift causing inaccurate readings but no deaths. Separately, a court in New Jersey will address J&J’s effort to disqualify a plaintiffs’ firm from ongoing talc litigation on Tuesday.
March 2, 2026
Intuit stock jumps 4%: TurboTax store push and CEO talk put INTU back in focus
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Intuit stock jumps 4%: TurboTax store push and CEO talk put INTU back in focus

Intuit shares rose 4.2% to $426.14 Monday after CEO Sasan Goodarzi spoke at a Morgan Stanley conference. TurboTax plans nearly 600 offices and 20 storefronts in 2026, according to Business Insider. TD Cowen cut its price target to $633 after Intuit’s February forecast missed analyst estimates. Intuit expects about 10% revenue growth for the quarter ending April 30.
March 2, 2026
Amazon stock today: AWS outages in UAE and Bahrain put AMZN in focus before Wall Street opens
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Amazon stock today: AWS outages in UAE and Bahrain put AMZN in focus before Wall Street opens

Amazon’s AWS reported power and connectivity outages at data centers in the UAE and Bahrain after weekend attacks in the Gulf, with recovery expected to take hours. Shares were active premarket as investors watched for wider impact. Vodafone announced a deal to use Amazon’s Leo satellites for 4G and 5G in Europe and Africa. Amazon will also drop referral fees for Indian sellers on products under 1,000 rupees starting March 16.
March 2, 2026
RTX stock price: Tomahawk strikes and Delta’s Airbus order set up Monday’s trade
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RTX stock price: Tomahawk strikes and Delta’s Airbus order set up Monday’s trade

RTX shares will be in focus Monday after U.S. forces used Raytheon-made Tomahawk missiles in strikes on Iran, according to U.S. Central Command. RTX closed Friday at $202.62, near its 52-week high, and edged down to $202.15 after hours. Delta Air Lines ordered 34 Airbus A321neo jets with Pratt & Whitney engines from RTX. Defense stocks rose Friday, with Lockheed Martin up 2.56% and Northrop Grumman up 1.90%.
March 1, 2026
AbbVie stock price rises 3% into weekend as insider filing and debt deal come into view
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AbbVie stock price rises 3% into weekend as insider filing and debt deal come into view

AbbVie shares rose 3.3% to $232.08 Friday, outperforming a weak S&P 500 and Dow. EVP Perry C. Siatis exercised options and sold 22,381 shares at $230. The company expects to close a $7.95 billion senior notes sale March 4 and will present at TD Cowen’s health care conference Tuesday. Investors remain focused on competition in immunology and 2026 profit targets.
March 1, 2026
Corning stock: CEO sells shares, CFO update next week — what traders watch before Monday
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Corning stock: CEO sells shares, CFO update next week — what traders watch before Monday

Corning CEO Wendell Weeks exercised options and sold 137,514 shares at a weighted-average price of $155.37, leaving him with 750,585 shares, according to an SEC filing Friday. Corning shares closed at $150.38, up 0.1% after a volatile session. CFO Ed Schlesinger will give a business update at a Morgan Stanley conference on March 3. The company declared a $0.28 quarterly dividend, payable March 30.
March 1, 2026
JNJ stock price jumps near a year-high — what to watch after Johnson & Johnson’s latest updates
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JNJ stock price jumps near a year-high — what to watch after Johnson & Johnson’s latest updates

Johnson & Johnson shares closed Friday at $248.43, up 2.04%, after early-stage trial data for its prostate cancer drug showed a 50% PSA drop in 64.7% of patients and no new safety issues. The company also launched new stroke devices in the U.S. A Texas judge rejected Kenvue’s bid to dismiss a Tylenol labeling lawsuit. J&J will present at TD Cowen’s Health Care Conference on March 3.
February 28, 2026
Intel stock price today: INTC slips after hours as foundry shake-up keeps traders on edge
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Intel stock price today: INTC slips after hours as foundry shake-up keeps traders on edge

Intel shares slipped 0.4% to $45.45 in after-hours trading Friday following news of another leadership change at its foundry unit. Qualcomm said it hired Kevin O’Buckley, formerly head of Intel Foundry Services, as investors watched for signs of execution risk. Chip stocks broadly remained under pressure amid defensive market shifts and rate concerns.
February 28, 2026
PayPal stock price steadies as report cools Stripe takeover talk over PYPL
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PayPal stock price steadies as report cools Stripe takeover talk over PYPL

PayPal shares rose 0.3% to $45.65 Friday after dropping 3.8% the previous session, following reports it is not in talks to sell itself. Semafor said PayPal has prepared for possible activist pressure but is not pursuing a sale. Incoming CEO Enrique Lores takes over March 1. Earlier speculation linked Stripe to a possible acquisition, but both firms declined to comment.
February 27, 2026
Applied Materials stock wobbles again after chip selloff; traders watch next week’s exec talks
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Applied Materials stock wobbles again after chip selloff; traders watch next week’s exec talks

Applied Materials shares fell 0.5% to $373.7 in late morning New York trade Friday, after a 4.87% drop Thursday. The stock has swung sharply this week, tracking volatility in chip equipment names after a recent rally near its 52-week high of $395.95. Management is scheduled to appear at investor conferences March 2 and March 10, with the annual meeting set for March 12.
February 27, 2026
Apple stock drops as memory-chip ‘tsunami’ hits smartphone outlook; AAPL traders eye March launch week
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Apple stock drops as memory-chip ‘tsunami’ hits smartphone outlook; AAPL traders eye March launch week

Apple shares fell 1.2% to $269.70 Friday morning after IDC forecast a 12.9% drop in global smartphone shipments this year, citing higher memory chip prices. Legal and regulatory pressure mounted as Apple sought to dismiss a shareholder lawsuit over Siri and faced U.S. lawmakers’ questions on encryption. Bloomberg reported Apple is in talks for an Apple Pay launch in India by mid-2026. Board chair Arthur Levinson reported gifting 1,113 shares.
February 27, 2026
Frontdoor stock steadies in premarket after 17% pop on 2026 outlook, margin target
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Frontdoor stock steadies in premarket after 17% pop on 2026 outlook, margin target

Frontdoor shares slipped 0.1% to $65.71 in premarket trading Friday after surging 16.8% Thursday on new 2026 forecasts. The company reported 2025 revenue of $2.093 billion and net income of $255 million. Frontdoor expects member count to turn positive in 2026 and raised its margin target. Oppenheimer lifted its price target to $70, citing renewals and cost control.
February 27, 2026
Beazley share price stays pinned near Zurich bid as March 4 deadline closes in
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Beazley share price stays pinned near Zurich bid as March 4 deadline closes in

Beazley shares traded near 1,248 pence in early London action Friday, little changed from Thursday. Zurich faces a March 4 deadline to make a firm offer or walk away, coinciding with Beazley’s full-year results. Vanguard disclosed a 5.04% stake, while BDL Capital reported 1.091%. Beazley’s board has indicated support for Zurich’s possible 1,335 pence per share cash offer, pending due diligence.
February 27, 2026
Figma stock slips in early trade after two-day rally as insider filings hit tape
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Figma stock slips in early trade after two-day rally as insider filings hit tape

Figma shares fell 0.9% to $30.96 in early Thursday trading, paring gains after two days of double-digit rallies. Director Andrew Reed disclosed buying over 554,000 shares last week, while a Form 144 flagged potential insider sales. The moves follow Figma’s strong fourth-quarter results and ahead of planned pricing changes in March. Investors await the next earnings report on May 14.
February 26, 2026
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Stock Market Today

  • Rising Costs of Essentials: Why Eggs, Bread and Milk Are More Expensive
    May 23, 2026, 11:58 PM EDT. Everyday essentials like eggs, milk, and bread have seen significant price hikes in recent years. Eggs, once £1 for six, now cost £1.80 due to avian flu outbreaks that decimated hen populations and increased energy costs for producers. Milk prices rose from £1.29 to £1.65 for four pints, driven by higher energy expenses in dairy farming and processing amid geopolitical tensions. Grain price spikes linked to the Russia-Ukraine conflict further strained costs. Despite these increases, farmers face shrinking margins with dairy farmers paid 25% less per litre. Producer input costs rose 7.7% year-on-year, outpacing the 4% rise in factory gate prices, squeezing the supply chain. Demand remains strong, particularly for high-protein foods, keeping prices elevated.