Investing 27 February 2026 - 2 March 2026

Wells Fargo shares fell 5.62% to $81.45 Friday after a UK mortgage lender’s collapse triggered a selloff in bank stocks. Market Financial Solutions Ltd’s insolvency raised concerns over a $1.25 billion collateral gap and possible double-pledged assets. The S&P 500 bank index dropped about 4%. Investors now await details on lender exposure and the upcoming U.S. jobs report.

Citigroup shares fell 5.16% to $110.19 on Friday amid a broad selloff in U.S. bank stocks, triggered by hotter inflation data and renewed credit concerns. The drop followed the collapse of UK mortgage lender Market Financial Solutions and a higher-than-expected U.S. Producer Price Index for January. Investors now await the U.S. February jobs report on March 6.

Intuit shares rose 3.7% to $409.03 Friday after the company forecast third-quarter adjusted earnings below analyst estimates, citing higher marketing and customer support spending. The stock had dropped 4% in after-hours trading Thursday before rebounding on heavy volume. Intuit reported second-quarter revenue up 17% to $4.651 billion and repurchased $961 million of stock. The company’s board approved a $1.20 per share dividend payable April 17.

Microsoft shares fell 2.24% to $392.74 Friday, capping a weak February for big tech. OpenAI announced a $110 billion fundraising round, keeping Microsoft as its exclusive API cloud provider but adding Amazon as a key partner. The S&P 500 dropped 0.43% and the Nasdaq lost 0.92%. Markets reopen Monday with Iran tensions and U.S. jobs data in focus.

Warner Bros. Discovery shares closed down 2.2% at $28.17, nearly 9% below Paramount Skydance’s $31-a-share cash offer. Netflix said it would not raise its bid, and Paramount agreed to cover a $2.8 billion breakup fee owed to Netflix. California’s attorney general opened a review. Raymond James downgraded WBD to Underperform, citing reduced chances of a higher bid.

Corning (GLW) closed up 0.05% at $150.38 Friday, recovering slightly after a 6.31% drop Thursday. CEO Wendell Weeks sold 137,514 shares at an average $155.37, according to an SEC filing. The company’s CFO will deliver a business update at a Morgan Stanley conference on March 3. Corning went ex-dividend Feb. 26 for a $0.28 payout, payable March 30.

Bursa Malaysia’s KLCI fell 1.4% to 1,716.61 on Friday, closing the week down 2.1%. Press Metal Aluminium and Petronas Chemicals weighed on the index, while Tenaga Nasional and Sime Darby rose. MBSB shares dropped nearly 6% after weak earnings; IHH Healthcare reported a 27.9% profit fall but closed up 1.1%. Sunway Healthcare launched a RM2.86 billion IPO, with retail applications closing March 5.

Corning CEO Wendell Weeks sold 137,514 shares after exercising options, according to an SEC filing. The stock closed up 0.05% at $150.38 and rose to $150.48 after hours. UBS and Citi raised price targets this week, citing AI-related demand and upcoming conferences. Weeks now holds 733,891 shares directly.

The FTSE 100 closed at a record 10,910.55, up 0.6% Friday, marking its eighth straight monthly gain as miners rallied on higher metals prices. Sterling weakened after Labour’s by-election loss and rising geopolitical tensions. Wizz Air dropped 8.7% after Indigo Partners sold 10 million shares. IAG fell 7.35% despite reporting record 2025 results and a €1.5 billion capital return plan.