The three major U.S. stock indices all opened lower, with technology stocks broadly declining. Nvidia fell more than 2%.

U.S. stock market’s three major indices all opened lower. As of press time, the Nasdaq down 1.20%, the Dow down 0.80%, and the S&P 500 down 0.90%.

Technology stocks declined across the board, with Microsoft and Nvidia falling over 2%, and Amazon dropping 0.7%. CoreWeave plunged over 13%, sparking investor concerns due to massive capital expenditures. Duolingo tumbled 19%, as the company’s Q1 and full-year booking outlooks fell short of expectations. Netflix rose over 10%, after exiting the Warner Bros. acquisition battle.

Global News

State Council Tariff and Customs Import and Export Tariff Commission: Adjustments to Tariffs on Certain Imported Goods from Canada

To implement the important consensus reached by Chinese and Canadian leaders, and in accordance with the Customs Law of the People’s Republic of China, the Foreign Trade Law, and other laws and regulations, as well as international legal principles, the Tariff and Customs Import and Export Tariff Commission announced that from March 1, 2026, to December 31, 2026, it will adjust the tariffs on certain imported goods from Canada as specified in the previous announcement (Tariff Commission Announcement No. 3, 2025). The tariffs on Canadian oilcake and peas will not be increased by 100%, nor will the tariffs on Canadian lobsters and crabs be increased by 25%.

U.S. January PPI Year-over-Year Growth of 2.9%, vs. Estimated 2.6%

U.S. January Producer Price Index (PPI) increased by 2.9% year-over-year, compared to an estimated 2.6%, and the previous value was 3%. The month-over-month PPI rose 0.5%, versus an estimated 0.3%, with the previous month at 0.5%.

OpenAI Announces $110 Billion Investment at a $730 Billion Valuation

OpenAI announced a new investment of $110 billion at a valuation of $730 billion, including $30 billion from SoftBank, $30 billion from Nvidia, and $50 billion from Amazon. OpenAI stated it plans to expand its AWS partnership to $100 billion over 8 years. The company also signed a strategic cooperation agreement with Amazon and partnered with Nvidia for next-generation inference computing. As funding rounds progress, more financial investors are expected to join. This new valuation has increased OpenAI Foundation’s stake in the OpenAI group to over $180 billion, further solidifying its position as one of the most resource-rich non-profit organizations in history.

“Rare Earth Shortage” Worsens! Some U.S. Aerospace and Semiconductor Suppliers Are “Unable to Take Orders”

According to industry insiders, U.S. aerospace and semiconductor suppliers are facing increasingly severe shortages of rare earth elements, with at least two suppliers refusing some customer orders. The shortages mainly involve yttrium and scandium, which are niche metals within the 17 rare earth elements. These elements are crucial in defense technology, aerospace, and semiconductors, and are almost entirely produced in China.

Elon Musk: Tesla Will Build a Factory on the Moon Within 20 Years, Advises Long-term Holding

Following the announcement that xAI plans to build AI satellite factories on the Moon, Musk said Tesla will also establish a factory on the Moon within 20 years. On February 27, Tesla’s official account posted a video of CEO Elon Musk and Berlin Gigafactory head André Thierig discussing at the factory.

Iran Military: Will Respond with “Devastating” Action to U.S. Aggression

According to Iran’s Mehr News Agency on February 27, Brigadier General Shakeri, spokesperson for Iran’s Armed Forces General Staff, stated that any provocation by the U.S. will be met with a “decisive and destructive” response from Iran’s armed forces. Shakeri said Iran is closely monitoring U.S. and Israeli movements in the region and is well prepared. He added that U.S. presence in the region is part of psychological warfare, extortion, and bullying. He emphasized, “We are not warmongers and do not fear war. We will resolutely defend our country and the interests of the Iranian people.” Reckless actions could trigger large-scale conflict and provoke an unprecedented strong response.

Global Fourth-Largest Car Manufacturer Collapses, Lost Over 180 Billion Yuan Last Year! CEO: Overestimating the Speed of Energy Transition!

On February 26, the global fourth-largest automaker Stellantis released its 2025 full-year financial results. The report shows that in 2025, Stellantis achieved a net revenue of €153.508 billion, down 2% from €156.878 billion in 2024.

Rising Risks of Military Conflict! U.S. Ambassador Advises Some Consulate Staff to “Leave Israel Today”

According to CCTV News, U.S. Ambassador to Israel David Friedman told staff at the U.S. embassy in Israel on Friday (February 27) to “leave Israel today” if they plan to depart. This comes amid increasing concerns over the risk of military conflict between the U.S. and Iran. Friedman wrote in an email that if any staff or their families plan to leave, they should “depart today.”

Nearly 20 Years of Negotiation, South Korea Conditionally Approves Google’s High-Precision Map Service

After nearly 20 years of negotiations, Google has finally received conditional approval from the South Korean government to provide high-precision map services locally. The Korean government announced on Friday that it will allow Google to export digital map data at a scale of 1:5,000, paving the way for improved navigation and location-based services, while maintaining oversight of sensitive information.

Is AI a Bubble? Max from Oak Tree Capital Advises: Don’t Go All-In on Either Side!

In December last year, hedge fund legend and co-chairman of Oak Tree Capital Management, Howard Marks, published a memo titled “Is Artificial Intelligence (AI) a Bubble?” He pointed out that AI is regarded as “one of the most important technological breakthroughs in history,” but alongside its unprecedented hype, there is significant uncertainty.

Settled! Netflix Withdraws from Acquisition, Paramount Acquires Warner Bros. for $111 Billion

As Netflix effectively exited the Warner Bros. acquisition race, Paramount ultimately won the ongoing months-long bidding war. On Thursday (February 26), Warner Bros. Discovery announced that Paramount’s latest bid of $31 per share (totaling about $111 billion) was a “superior offer,” giving Netflix four business days to update its bid.

Nvidia + AMD Chips Still Not Enough? Meta’s Latest Move: Renting Google TPU!

Despite growing Wall Street concerns over massive capital expenditures by AI giants, Meta continues to expand. On Thursday, sources told media that Meta has signed a multi-billion dollar agreement with Google to rent AI chips for developing new AI models.

Don’t Be Scared by “AI Horror Stories”! Morgan Stanley: “The Game of Courage” Is Coming, Some Industries Will Lead

After a series of product launches by Anthropic caused a sharp decline in software stocks, Citrini Research released a report on Monday titled “AI Horror Stories,” further fueling fears among U.S. investors. However, Morgan Stanley strategists say that due to concerns over AI disruption, many sectors have been oversold, creating opportunities for brave stock pickers.