Why MongoDB Stock Is Plummeting Today
Yahoo Finance· 2026-03-03 16:37
MongoDB (NASDAQ: MDB) stock is getting hit hard Tuesday. The database software company's share price was down 21.8% as of 11:15 a.m. ET amid 2.4% declines for both the S&P 500 and the Nasdaq Composite. The stock had been down as much as 29.8% earlier in trading. Investors are also having a negative reaction to MongoDB"s fourth-quarter report despite better-than-expected sales and earnings for the period. The broader market is also seeing big sell-offs today as investors react to conflict expansion in the M ...
Freeport McMoRan Stock Slides as the Iran Conflict Hits Commodities
Barrons· 2026-03-03 16:36
Metals and mining stocks were getting hit hard by commodity price declines. ...
US stock market Dow Jones, S&P 500 and Nasdaq crash today biggest losers and gainers: Here's complete list, Analysts insights, market outlook and what should investors do now
The Economic Times· 2026-03-03 16:35
US stock market Dow Jones, S&P 500 and Nasdaq crash today biggest losers and gainers reflects a sharp shift in investor mood as global markets react to rising oil prices and Iran war tension. Wall Street opened lower after a worldwide sell-off. Investors are watching the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite for direction. Oil prices moved closer to $100 per barrel after threats linked to the Strait of Hormuz. Inflation concerns increased as fuel costs rose. Treasury yields climbed and ...
A Generational Infrastructure Breakthrough: Elektros Inc. Advances a Foundational Paradigm Shift in Ultra-Rapid Electric Vehicle Charging
Accessnewswire· 2026-03-03 16:35
Core Viewpoint - Elektros Inc. has received a new patent that could significantly impact the electric vehicle (EV) charging landscape, potentially enhancing the economics and speed of global mobility [1] Group 1: Patent Details - The U.S. Patent and Trademark Office has issued U.S. Patent No. 12,522,100 B1, which is titled "Multi-Port Charging Assembly for Electric Vehicles" [1] Group 2: Implications for the Industry - The newly issued patent is positioned to reshape the economics of EV recharging, indicating a transformative potential for the industry [1]
Elektros Inc. Awarded U.S. Patent for Transformational Multi-Port Electric Vehicle Charging Architecture
Accessnewswire· 2026-03-03 16:35
SUNNY ISLES BEACH, FLORIDA / ACCESS Newswire / March 3, 2026 / Elektros Inc. (OTC Pink:ELEK) today announced that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 12,522,100 B1, titled "Multi-Port Charging Assembly for Electric Vehicles. ...
Blackstone's Gray: Market ‘noise' fueled record redemptions from world's largest private credit fund
CNBC· 2026-03-03 16:33
Jon Gray, President and COO of Blackstone, speaks during the Axios BFD event in New York City, U.S., October 12, 2023. REUTERS/Brendan McDermidBlackstone president Jon Gray on Tuesday defended the quality of loans within the firm's flagship private credit fund after investors pulled nearly 8% from it in the last quarter.The alternative asset management giant said in a late Monday filing that it allowed investors to withdraw 7.9% of BCRED, which it calls the largest private credit fund in the world, with abo ...
US-Israeli war on Iran causes major oil, gas disruptions
Reuters· 2026-03-03 16:32
The U.S.-Israel war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages from Qatar to Iraq. ...
CME Group Inc. (CME) Presents at 47th Annual Raymond James Institutional Investor Conference Prepared Remarks Transcript
Seeking Alpha· 2026-03-03 16:32
Core Viewpoint - The presentation features Derek Sammann, Head of Commodities Markets at CME Group, highlighting the current dynamics in the commodities markets [1]. Group 1 - The event is structured as a presentation with a potential Q&A session at the end, followed by a breakout session [2].
Dogecoin Level To Watch As Memecoin Takes Hit In Iran War? Popular Analyst Says They're Looking Forward To 'Start Accumulating' Here
Yahoo Finance· 2026-03-03 16:31
Investment Strategies - Building a resilient portfolio requires diversification across multiple asset classes, including real estate, fixed-income opportunities, and precious metals, to manage risk and capture steady returns [1] - Platforms like Public allow investors to create customized indices and access various investment options, enhancing control and transparency in wealth growth [19] Cryptocurrency Market - The spot price of Dogecoin (DOGE) has dropped significantly, with a 9.72% decline in open interest for DOGE futures and over $500 million in open interest lost since the beginning of the year [2] - Trading volume for DOGE fell by 33% in the last 24 hours, influenced by the broader cryptocurrency market downturn due to geopolitical tensions [2] Technical Analysis - The Awesome Oscillator indicated a "Sell" signal for the market, while the Relative Strength Index was deemed "Neutral" [3] - The Moving Average Convergence Divergence (MACD) indicator signaled a "Buy" for DOGE, with a key accumulation level identified at $0.058, which is over 37% below current prices [4] Emerging Companies - Rad AI offers an investment opportunity in early-stage AI innovation with a minimum investment of $1,000, allowing investors to diversify into the tech sector [6] - Paladin Power has generated $185 million in contracted revenue since its launch in 2023, focusing on energy independence with non-lithium battery technology [7] - Valley Center Wellness is positioned in the luxury behavioral health sector, offering a unique wellness retreat experience and an equity crowdfunding opportunity in a $42 billion market [10] Entertainment and IP - Elf Labs controls over 500 trademarks and copyrights related to iconic characters, generating over $15 million in royalties and expanding into 30+ countries [8] - Atari is launching the first-ever Atari Hotel in Phoenix, providing an investment opportunity with a targeted 15% preferred return and a projected 5.8x multiple [21]
Rivian's R2 Reveal Is the Moment of Truth for the EV Maker's Survival
247Wallst· 2026-03-03 16:30
Core Insights - Rivian's upcoming R2 product reveal on March 12, 2026, is critical for the company's future, as it represents a shift towards mass-market vehicles essential for profitability [1] - The R2, a mid-size SUV starting at over $50,000, is pivotal for Rivian's business model, which has struggled with high-priced models that did not drive sufficient volume [1] Financial Performance - Rivian achieved its first full year of positive gross profit in 2025, reporting $144 million compared to a gross loss of $1.2 billion in 2024, indicating significant cost improvements [1] - Despite the gross profit, Rivian recorded an $804 million net loss in Q4 2025, with free cash flow at negative $1.144 billion for the same quarter [1] - The company has $6.08 billion in total liquidity, bolstered by a partnership with Volkswagen, which also contributed to a 109% year-over-year growth in Software and Services revenue to $447 million in Q4 [1] Manufacturing and Capacity - Manufacturing validation builds for the R2 were completed in January 2026, with the Normal, Illinois facility now equipped to produce 215,000 units annually [1] - Rivian plans to add a Georgia facility that will increase annual capacity by an additional 400,000 units [1] Autonomy and Software Revenue - Rivian is finalizing its RAP1 processor, which includes advanced sensor technology, for a late 2026 R2 launch, alongside a planned subscription autonomy service [1] - The introduction of autonomy features could enhance unit economics, making the R2 more than just a vehicle sale [1] Market Sentiment - Analysts have a consensus price target of $18.04 for Rivian, with the stock currently around $15, indicating potential for growth [1] - However, the stock has declined 24.3% year-to-date, and there are concerns about cash burn and tariff uncertainties affecting the launch [1] - Prediction markets estimate an 11.5% chance of Rivian declaring bankruptcy before 2027, highlighting the risks associated with the upcoming product reveal [1]