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Why is the US stock market sinking deep in red today? Dow Jones, S&P 500, Nasdaq crash as hot inflation data and AI fears shake Wall Street
economictimes_indiatimes38d ago

Why is the US stock market sinking deep in red today? Dow Jones, S&P 500, Nasdaq crash as hot inflation data and AI fears shake Wall Street

US stock market crash today: The Dow Jones Industrial Average crashed 777 points on Friday, February 27, 2026. The S&P 500 dropped 65 points and the Nasdaq fell 257 points. January's Producer Price Index shocked markets, jumping 0.5% — well above the 0.3% forecast. Core inflation hit 0.8%, double expectations. Jack Dorsey's Block announced it was cutting half its workforce due to AI. OpenAI raised $110 billion, valuing itself at $730 billion. Nvidia and Amazon shares fell despite investing. The stock market selloff is real, deep, and driven by two fears: inflation staying high and AI destroying millions of jobs fast.

#COMMODITIES
finextra38d ago

How Traditional Risk Management Frameworks Can Inspire Blockchain Growth

In this Finextra TV interview from the Digital Assets Forum in London, Nilixa Devlukia, Policy Adviser, EMEA, Global Blockchain Business Council (GBBC) explores what risk‐management frameworks for blockchain can take from traditional financial ecosystems, what needs to be adapted, and what obstacles can occur. Devlukia explains the changing relationship between traditional finance and decentralised finance, observing a shift towards greater interest in the industry to adopt blockchain technology. There is an exploration of the benefits of blockchain whilst recognising the ongoing challenges of creating safe and secure global frameworks.

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Where to Invest $3,000 in March 2026
fool_ca38d ago

Where to Invest $3,000 in March 2026

Are you looking for cheap stock opportunities to put $3,000 into? Here are two cheap stocks to buy for a mix of growth, income, and value. The post Where to Invest $3,000 in March 2026 appeared first on The Motley Fool Canada.

#STOCKS
cision38d ago

Flex LNG - Filing of 2025 Annual Report on Form 20-F

HAMILTON, Bermuda, Feb. 27, 2026 /PRNewswire/ -- Flex LNG Ltd (the "Company") announces that its annual report on Form 20-F for the year ended December 31, 2025 (the "Annual Report") has been filed with the U.S. Securities and Exchange Commission (the "Commission"). The attached Annual...

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Western Standard LLC Takes $1.86 Million Position in FIGS, Inc. $FIGS
tickerreport38d ago

Western Standard LLC Takes $1.86 Million Position in FIGS, Inc. $FIGS

Western Standard LLC acquired a new stake in FIGS, Inc. (NYSE:FIGS – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 278,440 shares of the company’s stock, valued at approximately $1,863,000. FIGS accounts for approximately 0.6% of Western Standard LLC’s holdings, [...]

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