Stock Market 2 March 2026

Sandisk Stock Pulls Back After Nasdaq-100 Boost as Evercore Sees $1,200 on AI Storage Demand

Sandisk Stock Pulls Back After Nasdaq-100 Boost as Evercore Sees $1,200 on AI Storage Demand

Sandisk shares fell 2.2% to $932.01 Tuesday after a record 11.8% jump Monday, ahead of its addition to the Nasdaq-100 on April 20. Evercore ISI set a $1,200 price target, citing AI-driven NAND demand, while Citi raised its target to $980. Sandisk and China’s YMTC each held 11.8% of the global NAND market last year. The company reports fiscal Q3 results on April 30.
April 14, 2026
Lam Research stock falls late Monday as oil shock keeps chip names on edge

Lam Research stock falls late Monday as oil shock keeps chip names on edge

Lam Research shares fell 1.4% to $230.66 in late Monday trading, underperforming the semiconductor sector as oil prices surged on Middle East conflict. Investors are eyeing CFO Doug Bettinger’s appearance at a Morgan Stanley conference Tuesday and a March 4 dividend record date. The iShares Semiconductor ETF slipped 0.2%. Lam’s COO transition takes effect March 6.
March 2, 2026
UnitedHealth (UNH) stock price holds near $294 as Medicare regulator targets rival Elevance

UnitedHealth (UNH) stock price holds near $294 as Medicare regulator targets rival Elevance

UnitedHealth shares edged up 0.2% to $293.71 Monday as the company disclosed new Medicare Advantage audit risks in its annual report. The SEC filing said some local plans face risk adjustment data validation audits, which can lead to payment clawbacks or fines. UnitedHealthcare served about 8.4 million Medicare Advantage members as of Dec. 31, 2025. Elevance shares dropped 9% after CMS moved to suspend enrollment in some plans.
March 2, 2026
IREN (NASDAQ: IREN) stock barely moves as bitcoin jumps; what to watch next

IREN (NASDAQ: IREN) stock barely moves as bitcoin jumps; what to watch next

IREN slipped 0.3% to $40.85 in Monday afternoon trading, lagging a 4.5% jump in bitcoin and a 7.7% gain in Marathon Digital. The stock traded between $40.51 and $41.19 after opening lower. No new company news emerged, with the last update on Feb. 5 detailing a shift toward AI cloud services. Investors await Friday’s U.S. jobs report for the next market catalyst.
March 2, 2026
American Express stock price today: AXP holds near $309 as rate-cut bets wobble

American Express stock price today: AXP holds near $309 as rate-cut bets wobble

American Express shares traded near $309 Monday, little changed as investors weighed hotter U.S. factory inflation data and delayed rate cut expectations. The company disclosed plans for a new headquarters at 2 World Trade Center, with no material financial impact expected. Investors await the March 6 U.S. jobs report and AmEx’s April 24 earnings for further direction.
March 2, 2026
JPMorgan stock price slips as oil spikes; traders eye Friday jobs report

JPMorgan stock price slips as oil spikes; traders eye Friday jobs report

JPMorgan shares fell 0.47% to $298.89 midday Monday after dropping as much as 2.35% earlier, under pressure from surging oil prices linked to Middle East conflict. Employees at JPMorgan and Citigroup in the region were told to work from home as tensions rose. The KBW Bank index gained 0.9%, while JPMorgan lagged. Investors are awaiting Friday’s U.S. jobs report and monitoring oil supply disruptions.
March 2, 2026
GE Vernova (GEV) stock climbs as gas-turbine bottleneck sharpens focus on power-buildout trade

GE Vernova (GEV) stock climbs as gas-turbine bottleneck sharpens focus on power-buildout trade

GE Vernova shares climbed 1.6% to $887.42 by midday Monday as investors responded to a tightening U.S. gas-turbine supply amid surging data-center power demand. U.S. gas-fired power capacity under development tripled in 2025 to 252 GW, pushing turbine lead times past five years. NRG Energy has reserved 2.4 GW of GE Vernova turbines for projects due in 2029 and 2030. The company warned of a $250 million revenue hit from Vineyard Wind delays.
March 2, 2026
JPMorgan stock slips as oil shock jitters rattle Wall Street

JPMorgan stock slips as oil shock jitters rattle Wall Street

JPMorgan shares fell about 1% to $297.19 on Monday as oil prices surged over 8% amid escalating Middle East tensions. Both JPMorgan and Citigroup told some Middle East staff to work from home, citing security concerns. The Dow, S&P 500, and Nasdaq all declined, while the VIX hit a three-month high. Traders focused on upcoming U.S. economic data, including Friday’s jobs report.
March 2, 2026
Citigroup stock price whipsaws as Middle East conflict hits risk appetite; jobs report next

Citigroup stock price whipsaws as Middle East conflict hits risk appetite; jobs report next

Citigroup shares rose 0.8% to $111.09 after swinging between $106.20 and $113.18 in volatile trading Monday. The bank told some Middle East staff to work from home as regional tensions escalated amid a U.S.-Israeli air campaign against Iran. Oil prices jumped and the VIX hit a three-month high near 22. Investors are watching for Friday’s U.S. jobs report and inflation signals.
March 2, 2026
Chevron stock price rises as oil jumps on Iran conflict; CVX traders eye March 5 shipping insurance trigger

Chevron stock price rises as oil jumps on Iran conflict; CVX traders eye March 5 shipping insurance trigger

Chevron shares rose 1.3% to $189.12 after oil prices surged on Middle East strikes and shipping disruptions in the Strait of Hormuz. Brent crude jumped as much as 13% before settling up 8.6%. Chevron temporarily shut Israel’s Leviathan gas field, while QatarEnergy halted LNG output. About 3.1 million Chevron shares traded by late morning.
March 2, 2026
Applied Optoelectronics stock jumps again, but gives back early spike after touching $110

Applied Optoelectronics stock jumps again, but gives back early spike after touching $110

Applied Optoelectronics jumped 12% Monday, peaking at $110 before slipping to $94.32. The surge followed Nvidia’s $2 billion photonics deals and a Wall Street Zen rating upgrade. The company recently reported record Q4 revenue and filed to sell up to $250 million in stock. Traders are watching for further moves ahead of the OFC conference later this month.
March 2, 2026
PENN Entertainment stock slides 6% as last week’s rally fades — here’s what traders watch next

PENN Entertainment stock slides 6% as last week’s rally fades — here’s what traders watch next

PENN Entertainment shares fell 6.1% to $14.68 Monday morning, erasing part of last week’s rally after earnings and a Wells Fargo upgrade. The drop came as U.S. indexes opened lower amid Middle East tensions and higher energy prices. PENN’s recent gains followed CEO Jay Snowden’s guidance for break-even adjusted EBITDA in its Interactive unit by 2026. The company recently added directors after pressure from activist investor HG Vora.
March 2, 2026
BillionToOne stock slips as earnings loom: what BLLN traders are watching next

BillionToOne stock slips as earnings loom: what BLLN traders are watching next

BillionToOne shares fell about 2% to $74.83 in early trading Monday ahead of its fourth-quarter and full-year 2025 earnings report due March 4. The stock has traded between $73.09 and $74.83 so far in the session, following its November IPO at $60 a share. Investors are watching for updates on prenatal and oncology test growth, reimbursement trends, and the company’s 2026 outlook.
March 2, 2026
Globalstar stock slips before the bell after earnings surge; GSAT investors size up 2026 outlook

Globalstar stock slips before the bell after earnings surge; GSAT investors size up 2026 outlook

Globalstar shares fell 1.6% to $61.25 premarket Monday, trimming gains after a 7.6% surge Friday. The company forecast 2026 revenue of $280 million to $305 million and an adjusted EBITDA margin near 50%. Globalstar ended 2025 with $447.5 million in cash and $410 million in debt. Its latest filing showed 63% of 2025 revenue depended on Updated Services Agreements with conditional fees.
March 2, 2026
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