Financial Summary: Monday, March 2, 2026

Seagate Technology's CFO reports that demand for nearline storage exceeds supply, leading to continued price increases.

Tesla sees strong demand for its affordable Cybertruck model as a 10-day deadline from Musk approaches.

Berkshire Hathaway's earnings report reveals better-than-expected results despite a goodwill write-down affecting profits.

Tejas Networks shares surged 60% following a new manufacturing deal with NEC for 5G technology.

Fino Payments Bank shares dropped 14% after the arrest of its CEO, though the bank assures compliance remains unaffected.

BP announces an increase in shale output as part of its strategy to pivot towards global upstream growth.

HCL Technologies is named the 2026 ServiceNow Partner of the Year, showcasing its leadership in digital transformation services.

Amazon India has expanded its seller fee cuts to stimulate retail growth in a competitive market.

Climatex has secured $4.1 million in funding and appointed a new CEO-designate to drive future growth.

Sebi imposes a ₹38 lakh penalty on Coffee Day Enterprises and executives for financial disclosure lapses.

Paramount plans to merge HBO Max and Paramount+ into a single streaming service following its acquisition of WBD.

Nvidia announces a $4 billion investment in photonics companies Coherent and Lumentum.

Peabody Energy's stock has surged 120% over the past year, prompting a fund to sell off $24 million in shares.

HSBC reports steady progress for QuantumScape Corporation, indicating a positive outlook for its market adoption.

Leaders in the crypto industry gathered at the Liquidity Summit 2026 to discuss strategies for enhancing institutional adoption of cryptocurrencies.

Public charitable trusts in India are contesting the Income Tax Department's requirement for trust deeds to be 'irrevocable' to retain tax-exempt status in the Bombay High Court.

Oil prices have surged past $80 due to escalating military tensions between the U.S. and Israel against Iran, raising concerns over global shipping routes.

Emirates airline has resumed limited flights from Dubai following recent strikes in Iran, indicating a cautious return to normalcy in air travel.

Qatar's LNG output has been disrupted due to Iranian strikes, causing significant ripples in global energy markets.

France has proposed to station nuclear deterrents across Europe for the first time as part of its new nuclear doctrine amid rising geopolitical tensions.

U.S. officials, including Senator Marco Rubio, are set to brief Congress on recent developments regarding Iran following military actions over the weekend.

A couple in their 40s faces financial strain after an unexpected baby, underscoring the need for better retirement planning.

George Kamel offers five practical tips for frugal living, focusing on budgeting and mindful spending.

Travel insurance options are being discussed, with insights on coverage details and tips for selecting the right policy.

An opinion piece argues that the wealth gap between the elderly and younger generations shouldn't be blamed for youth challenges.

U.S. and Israeli military strikes against Iran have led to a significant decline in stock futures, with major indices like the Dow and S&P 500 experiencing sharp drops.

Gold and silver prices surged as investors flocked to safe-haven assets amid escalating tensions in the Middle East.

Oil prices sharply increased due to fears of potential supply disruptions following military actions in Iran, contributing to market volatility.

European shares fell to two-week lows as escalating Middle East tensions impacted market sentiment, while defense stocks saw gains.

The Indian stock market is expected to open lower, with the Sensex dropping over 2,700 points amid rising oil prices and geopolitical tensions.

Pakistan's KSE-30 index experienced its largest-ever drop, plummeting 10% due to escalating geopolitical tensions in the Middle East.

Travel stocks plummeted as the US-Iran conflict caused significant disruptions in aviation, stranding thousands of passengers.

U.S. natural gas futures rose due to LNG production disruptions in the Middle East following a drone attack on QatarEnergy's facility.

Mortgage rates increased sharply as the U.S. conflict with Iran led to rising oil prices and Treasury yields.

Hedge funds are reassessing their positions in emerging markets as U.S. dollar strength pressures EM stocks and currencies following U.S.-Israel strikes on Iran.