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News articleYahoo Finance· March 5, 2026

Stock market today: Dow falls more than 1,000 points, S&P 500 and Nasdaq tank as Iran war jitters return with another oil surge

View original at finance.yahoo.com
Stock market today: Dow falls more than 1,000 points, S&P 500 and Nasdaq tank as Iran war jitters return with another oil surge US stock losses accelerated on Thursday as Wall Street failed to build on a rebound session, with conflict in the Middle East holding focus amid a renewed surge in oil prices…
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  • Block seeing 40% increase in engineering productivity since September

    80% confidence
  • Fed continuing easing would risk that a 30-50bp inflation overshoot gets entrenched

    80% confidence
  • US doing very well on the war front

    80% confidence
  • Tariffs contributed roughly 50 basis points to core PCE inflation, but that's only half the Fed's inflation problem

    80% confidence
  • Absolutely believes in Berkshire and inherited company with incredible foundation

    80% confidence
  • US will offer risk insurance and naval escorts for ships transiting Strait of Hormuz

    80% confidence
  • Goal was to demonstrate alignment with shareholders as CEO

    80% confidence
  • American forces moving toward complete and total control of Iranian airspace

    80% confidence
  • Will use all take-home pay to keep buying Berkshire stock

    80% confidence
  • Nvidia has not yet generated any revenue from H200 chips for China

    80% confidence
  • Strait of Hormuz remains open but increasingly threatened tankers attempting to cross

    80% confidence
  • Sticky services inflation warrants caution from the Fed

    80% confidence
  • AI revenue growth is accelerating

    80% confidence
  • Broadcom achieved record Q1 revenue on continued strength in AI semiconductor solutions

    80% confidence
  • 75% of Cash App customer service handled through automation

    80% confidence
  • Q1 AI revenue of $8.4 billion grew 106% year over year, above forecast

    80% confidence
  • Better to automate early than too late; advice to fellow CFOs

    80% confidence

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What we're seeing
Pharma Pipeline Catalysts and M&A Heat Up as AI-Designed Drugs Enter the Clinic
Late-September 2026 brought a dense run of clinical readouts: Novo Nordisk's CagriSema data at EASD, Lilly's ADtouch results for EBGLYSS, and Merck's tulisokibart Phase 2b result. Lilly's $2.9B Merida Biosciences acquisition and the 2026-11-14 FDA PDUFA date for ivonescimab sit alongside these as the main deal and regulatory events. AI-designed drugs such as rentosertib, and speculative AI-linked trial ventures such as QAIAx, are moving from hype toward clinical validation. Broader AI-sector regulatory and legal friction (Tesla Cybercab probe, xAI Minnesota ruling, OpenAI lawsuits) shows rising scrutiny that could spill into AI-driven healthcare.
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Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
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Where sources disagree
Apple Inc.
The observation date (2025-12-27) precedes Q1 2026, making it logically impossible to have actual Q1 2026 cash data at that point. Q1 2026 would not end until March 31, 2026. Additionally, the magnitude of the difference ($45.3B vs $132.42) is implausibly large even as a normal quarterly change for Apple. While different fiscal periods can show different values, the timing relationship here suggests a data integrity issue rather than legitimate period-over-period variation.
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