
Stock Market Today, March 2: Energy and Defense Stocks Surge on Middle East Conflict
Energy stocks gained as crude neared $80 and investors weighed the impact of the conflict, today, March 2, 2026.
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Energy stocks gained as crude neared $80 and investors weighed the impact of the conflict, today, March 2, 2026.

Stock News Oil surge hits travel, lifts energy: As the Strait of Hormuz faces attacks and insurers pull coverage, oil jumped ~6% and diesel spiked, pressuring a

Apple (AAPL) is making a defensive move with the iPhone 17E and a refreshed iPad Air, targeting budget-conscious consumers as smartphone demand cools. Daniel Rubino explains why the $599 price point is crucial for protecting market share against lower-cost Android rivals.

Apple Inc (NASDAQ:AAPL, XETRA:APC) has unveiled the iPhone 17e, a lower-cost addition to its iPhone 17 range priced at $599, as it kicks off what the company has signalled will be a multi-day wave of product announcements this week. The handset sits $200 below the standard iPhone 17 and is designed to compete more directly with mid-range devices from Samsung, Google and Chinese manufacturers in price-sensitive markets.

Cost, sector mix, and risk profiles set these ETFs apart. Explore how their differences may influence your approach to portfolio building.

Apple Inc. delivered a double-beat FQ1 2026 earnings, accelerating sales growth to 15.6% year-over-year. Professional and institutional investors maintain heavy exposure to AAPL, with super-investors average holding price of $271 very near the current market price. Under these prices, my projected 5-year total returns range between 30% and 71%, resulting in a well-balanced return/risk profile.

Apple has introduced what it calls a more durable and affordable iPhone 17. The iPhone 17e, which was announced Monday (March 2) and starts at $599, is a scaled-down cousin to the tech giant's iPhone 17.

The company is boosting the storage capacity of its devices, a move thought to be a prelude to expected Siri enhancements later this year.

The move comes as memory chip prices climb amid a global shortage, suggesting Apple is willing to absorb some component cost pressure to make its lowest-priced model more compelling.

CNBC's Deidre Bosa reports on news regarding Anthropic.

Strong iPhone demand last quarter, a powerful ecosystem, and huge profits are key reasons to like this business. Low double-digit growth, coupled with a high valuation, won't result in massive returns.

Apple Inc (NASDAQ:AAPL, XETRA:APC) has unveiled the iPhone 17e, a lower-cost addition to its iPhone 17 range priced at $599, as it kicks off what the...

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Apple opened its week of product launches on Monday morning with a refreshed low-cost iPhone and a faster iPad Air. The headline device is the new iPhone 17e, a cheaper model in the iPhone 17 lineup that starts at $599.

Anthropic's Claude reported "elevated errors" on Monday. The app was the top free app on Apple's App Store after fallout from the company's clash with the Department of Defense on Friday.

The latest member of the iPhone 17 family is available on March 11, starting at $599.
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Apple on Monday launched iPhone 17e, its more affordable smartphone model that starts at a price of $599 with 256 gigabytes of storage, as it looks to defend its share in a fiercely competitive global handset market.

CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced iPhone® 17e, a powerful and more affordable addition to the iPhone 17 lineup. At the heart of iPhone 17e is the latest-generation A19, which delivers exceptional performance for everything users do. iPhone 17e also features C1X, the latest-generation cellular modem designed by Apple, which is up to 2x faster than C1 in iPhone 16e. The 48MP Fusion camera captures stunning photos, including next-generation portraits, and 4K Dolby Vision v.