Dow, S&P 500, Nasdaq futures fall as oil surges amid escalating Middle East conflict

Stock Market Today
- US stock futures (Dow, S&P 500, Nasdaq) fell.
- Oil prices surged due to escalating Middle East conflict (Iran war widening, US seeking to finish job).
- Tanker traffic affected and Iraqi ports closed after attacks.

EdgeUp
- Nebius stock soars after Nvidia investment: Nebius shares jumped 16% following a partnership and a $2 billion Nvidia investment for AI infrastructure deployment.
- Oil tankers attacked off Iraq as Middle East crisis worsens: Two tankers hit in Iraqi waters, suspending oil terminal operations and increasing fears of prolonged conflict.
- Global bonds erase 2026 gains as war fuels inflation angst: Global bonds are flat for 2026, losing earlier gains as high oil prices rekindle inflation fears, leading to a selloff.
- Oracle stock price surges nearly 10% as AI boom pushes 2027 revenue goal to $90 billion: Oracle jumped almost 10% on higher fiscal 2027 revenue forecast and strong cloud results; company secured $30 billion for AI expansion.
- Petco stock rallies after Q4 earnings: Petco shares climbed after reporting a mixed Q4, missing EPS but beating revenue estimates.
- Bumble stock soars as investors swipe right on Q4: Bumble shares climbed after Q4 earnings, missing EPS but beating revenue estimates, and providing an upbeat Q1 revenue outlook.

Tech Thursday
- Amazon’s Zoox partners with Uber to reach more robotaxi riders — first in Las Vegas, then LA: Zoox self-driving vehicles will be available via Uber app in Las Vegas (summer), then Los Angeles (next year), expanding robotaxi services.

Top 5 Movers In Early Pre-Market
- LWLG: Lightwave Logic, Inc. (+26.69%)
- TURB: Turbo Energy, S.A. (+23.00%)
- BMBL: Bumble Inc. (+18.84%)
- BBW: Build-A-Bear Workshop, Inc. (+14.97%)
- IXHL: Incannex Healthcare Inc. (+14.41%)

Today’s Economic Dates
- 8:30 AM ET: Initial jobless claims (March 7)
- 8:30 AM ET: U.S. trade deficit (Jan.)
- 8:30 AM ET: Housing starts (Feb.)

Yesterday's’s Biggest Movers
- ACXP: Acurx Pharmaceuticals, Inc. (+107.93%) - Announced new clinical trial for recurrent C. difficile Infection.
- SXTP: 60 Degrees Pharmaceuticals, Inc. (+71.28%) - All enrolled patients cured of babesiosis with tafenoquine regimen in trial.
- ROMA: Roma Green Finance Limited (+39.19%) - Announced pricing of a public offering of ordinary shares.

Today’s Notable Earnings
- FUTU (Futu Holdings): Q4 2025 (Before Market Open) - Estimate: N/A, Actual: 3.130
- PHAR (Pharming): Q4 2025 (Before Market Open) - Estimate: 0.070, Actual: 0.070
- ZUMZ (Zumiez): Q4 2025 (After Market Close) - Estimate: 1.070, Actual: N/A

Parting Thoughts
- "Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria." – Sir John Templeton

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