News 27 February 2026

CrowdStrike stock drops as hot PPI and fresh target cuts put CRWD back in focus

CrowdStrike stock drops as hot PPI and fresh target cuts put CRWD back in focus

CrowdStrike shares fell about 4% to $365.67 Friday after U.S. wholesale inflation rose 0.5% in January, fueling concerns the Fed will delay rate cuts. DA Davidson and Jefferies both cut their price targets but kept buy ratings. CrowdStrike is set to report earnings March 3, with analysts watching annual recurring revenue. The company also launched FalconID, a phishing-resistant authentication product.
February 27, 2026
PayPal stock price steadies as report cools Stripe takeover talk over PYPL

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
GE Vernova stock slides on hot inflation data as rate worries return — what to watch next

GE Vernova stock slides on hot inflation data as rate worries return — what to watch next

GE Vernova shares fell about 1.5% to $863 Friday as U.S. producer prices rose more than expected, fueling concerns over prolonged high interest rates. The company recently completed a $5.3 billion purchase of Prolec GE and lifted its 2026 revenue outlook to $44–45 billion, but warned of continued wind unit losses. Investors await its first-quarter earnings on April 22.
February 27, 2026
Lithium price shock from Zimbabwe export ban keeps traders edgy heading into Monday

Lithium price shock from Zimbabwe export ban keeps traders edgy heading into Monday

China’s lithium carbonate futures surged over 6% after Zimbabwe halted exports of raw minerals and lithium concentrates, disrupting supply chains. Lithium stocks jumped in China, Australia, and the U.S. Zimbabwe shipped 1.128 million tons of spodumene concentrate to China in 2025. Investors await Zimbabwe’s next move on export permits and China’s futures market reopening on March 2.
February 27, 2026
Gasoline prices tick up again: UGA climbs as fuel futures firm and summer-blend season starts

Gasoline prices tick up again: UGA climbs as fuel futures firm and summer-blend season starts

The United States Gasoline Fund rose 0.75% to $72.36 as NYMEX RBOB gasoline futures climbed 1.32% to $2.2834 a gallon. U.S. gasoline inventories fell by 1 million barrels last week, while refinery utilization slipped to 88.6%, EIA data showed. The national average for regular gasoline reached $2.982 a gallon, up from a week ago, according to AAA. Traders await the EIA’s next inventory report on March 4.
February 27, 2026
XRP price today drops as Nvidia jitters and hot U.S. inflation data cool crypto mood

XRP price today drops as Nvidia jitters and hot U.S. inflation data cool crypto mood

XRP fell 3.7% to $1.34 on Friday, with market value near $82 billion and 24-hour trading volume at $3.3 billion, according to CoinMarketCap. The drop followed Nvidia’s post-earnings slide and a 0.5% rise in the U.S. Producer Price Index for January. Bitcoin slipped 2.3% to $65,924. XRP is down about 28.5% over the past 30 days, Binance data showed.
February 27, 2026
Gold price today jumps near one-month high as geopolitics, falling yields lift bullion

Gold price today jumps near one-month high as geopolitics, falling yields lift bullion

Spot gold rose 1% to $5,238.75 an ounce on Friday, heading for a seventh straight monthly gain as U.S.-Iran tensions and falling Treasury yields drove safe-haven demand. U.S. gold futures for April delivery climbed 1.1% to $5,254. The yield on 10-year U.S. notes dropped to 3.977%. China’s net gold imports via Hong Kong jumped 68.7% in January from December.
February 27, 2026
FTSE 100 closes at a fresh record near 11,000 as miners, buybacks lift UK stocks

FTSE 100 closes at a fresh record near 11,000 as miners, buybacks lift UK stocks

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.
February 27, 2026
Sensex slips 961 points, Nifty below 25,200 as IT AI fears cap a weak month — what to watch next week

Sensex slips 961 points, Nifty below 25,200 as IT AI fears cap a weak month — what to watch next week

The Sensex fell 961.42 points and the Nifty 50 dropped 317.90 on Friday, led by losses in realty, metal, and FMCG shares. IT stocks slumped, with the Nifty IT index down 19.5% for February, its worst month since 2008, after U.S. firms launched new AI automation tools. Official data showed India’s economy grew 7.8% in the October-December quarter under a revised GDP series. The rupee finished February about 1% stronger.
February 27, 2026
Bank of America stock drops nearly 5% as hot inflation data rattles banks — what to watch next

Bank of America stock drops nearly 5% as hot inflation data rattles banks — what to watch next

Bank of America shares dropped 4.6% to $49.90 by midday Friday as U.S. bank stocks slid, with Wells Fargo and Citigroup also down sharply. A hotter-than-expected January producer price index reading led investors to scale back near-term Fed rate-cut bets. The 10-year Treasury yield slipped below 4%. Focus turns to March inflation data and the Federal Reserve’s March 18 policy decision.
February 27, 2026
Eli Lilly stock rises as new orforglipron data puts side effects in the spotlight

Eli Lilly stock rises as new orforglipron data puts side effects in the spotlight

Eli Lilly shares rose 0.8% Friday after full trial results for its oral diabetes drug orforglipron showed higher discontinuation rates—8.7% to 9.7%—than Novo Nordisk’s oral semaglutide, which saw 4.5% to 4.9%. The study found orforglipron led to greater blood sugar and weight loss, but more side effects. Investors are watching for U.S. regulatory decisions on obesity use, expected in the second quarter.
February 27, 2026
IonQ stock pulls back after blowout outlook pop — what IONQ investors watch next

IonQ stock pulls back after blowout outlook pop — what IONQ investors watch next

IonQ shares dropped 10.3% to $36.67 Friday, erasing part of Thursday’s 21.7% surge after the company forecast 2026 revenue of $225 million to $245 million. The firm reported a projected 2026 adjusted EBITDA loss of $310 million to $330 million and expects its SkyWater Technology acquisition to close by late 2026. Other quantum stocks also fell in morning trading.
February 27, 2026
Snowflake stock price slides 4% in regular session as investors weigh AI outlook and rate fears

Snowflake stock price slides 4% in regular session as investors weigh AI outlook and rate fears

Snowflake shares fell 4.1% to $166.00 Friday, reversing gains from a post-earnings rally. The drop followed a strong forecast and record customer deal, but investors remain cautious amid doubts over AI returns and persistent inflation. Snowflake reported $1.28 billion in quarterly revenue, with product revenue up 30% year-on-year. Focus turns to customer usage trends ahead of the Snowflake Summit in June.
February 27, 2026
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