India's public sector banks is reportedly planning to implement a global capability centre (GCC) strategy in the 2026-27 financial year, reported The Economic Times citing sources. State Bank of India (SBI), which established the first such GCC among state-owned banks earlier this year, is expected to guide the rollout. The financial institutions are also considering active-active data centre models for possible inclusion in their next five-year business strategies. A bank executive was quoted by ET as sayi ...

Stripe's CEO, Patrick Collison, delivered a provocative thesis about the future of software in the age of AI. Collison's analogy echoes a broader tension gripping the technology industry on whether AI tools could replace, rather than just augment, traditional software. That anxiety briefly turned into market reality earlier in February. Releases and updates from Anthropic's Claude AI, especially enterprise-focused capabilities like Claude Cowork and the automation plugin, triggered a deep selloff in softwar ...

Investors cheered Target's quarterly results and outlook reported, with the stock surging toward a one-year high on Tuesday. ...

On Monday, March 2, the situation appeared to be changing for Nvidia stock as, through the session, the equity rallied 2.93% to its latest closing price of $182.37. Still, the situation remained dynamic and once again reversed in the extended session with a 3.04% drop to the press time price of $176.83. Nvidia (NASDAQ: NVDA) stock has been trading lower ever since it published its generally strong fourth-quarter (Q4) earnings report. Overall, NVDA shares dropped 9.39% between the February 25 filing and the ...

Connectivity][TEL]• Vol: 5,037,713-$18.177.89%$211.98 Reddit Is Bullish on XLE But Crude Oil Tells a Different Story - 24/7 Wall St.[S&P 5006,764.60 -1.61%][Dow Jones48,035.80 -1.69%][Nasdaq 10024,451.60 -2.04%][Russell 20002,588.54 -2.35%][FTSE 10010,494.60 -2.84%][Nikkei 22554,286.20 -5.64%][Investing]# Reddit Is Bullish on XLE But Crude Oil Tells a Different Story### Quick ReadEnergy Select Sector SPDR ETF (XLE) gained 27% year-to-date driven by Iran-Israel tensions.Exxon Mobil (XOM) and Chevron (CVX) re ...

Japan's Sumitomo Mitsui Banking Corp and Australia's Macquarie Group are among the companies exposed to Market Financial Solutions, a UK mortgage lender that collapsed last week, Bloomberg News rep... ...

Investors are failing to grasp the enormity of the fallout from U.S. and Israel attacks on Iran, says this energy expert. ...

MEMPHIS, Tenn., March 03, 2026 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.3 billion for its second quarter (12 weeks) ended February 14, 2026, an increase of 8.1% from the second quarter of fiscal 2025 (12 weeks). Same store sales, or sales for our domestic and international stores open at least one year, are as follows: | | | 12 Weeks | Constant Currency | | | | | Constant Currency | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 12 Weeks* | | | 24 Weeks ...

Flotek Industries Awarded Its First Contract to Deliver Power Services for Utilities Infrastructure Support [Accessibility Statement] Skip NavigationHOUSTON, March 3, 2026 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK), a pioneer in advanced chemistry, real-time data analytics, and innovative energy solutions, today announced its first contract within the utilities infrastructure sector. Leveraging its proprietary PWRtek platform, Flotek will partner with leading distributed power service providers to ...

Global energy costs soar as Iran crisis disrupts shipping, oil and gas production | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]3D- printed oil barrels and a map showing the Strait of Hormuz and Iran appear in this illustration taken March 2, 2026. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Summary- Bessent, Wright to announce US plans to mitigate oil spike- US gasoline prices rise above $3/gallon ...