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February 26th - Nvidia (NVDA.O) shares fell 5% in early trading on Thursday, dragging down major U.S. stock indexes. The stock closed at a three-month high on Wednesday. Its optimistic earnings failed to boost investor sentiment, as a growing number of investors expressed concerns about the returns on its massive investments in artificial intelligence. This market reaction reflects increasing focus on whether Nvidias record growth momentum can be sustained, as competitors roll out new AI accelerators, large enterprises invest in custom chips, and the spending cycle across the AI sector becomes more uneven. "This general reaction suggests investors still want more information," JPMorgan analysts said in a report. "We believe this is related to the continued uncertainty surrounding Nvidias data center business growth prospects in fiscal year 2027, especially given the significantly increased capital expenditure budgets from major customers."
Nvidia (NVDA.O) saw its losses widen to 5%.
The U.S. EIA natural gas storage figures for the week ending February 20 will be released in ten minutes.
February 26th - Sources revealed that the United States has slowed the process of selling international assets of Russian oil giant Lukoil to third parties, a move intended to use these assets as bargaining chips in peace talks in Ukraine. According to a document from the U.S. Office of Foreign Assets Control (OFAC), the OFAC will extend the deadline for completing the transactions, originally set for February 28th, to April 1st on Thursday. In recent weeks, talks between U.S., Russian, and Ukrainian government officials in Geneva, Abu Dhabi, and Miami have failed to achieve substantial progress in reaching a peace agreement on the Ukraine crisis. According to three sources familiar with the meetings, these talks concerned U.S. sanctions against Russias largest oil producer, Rosneft, and its second-largest producer, Lukoil. The next round of talks between the U.S., Russia, and Ukraine is scheduled for March.
According to CNBC, Norwegian Bank Investment Management (NBIM) is using the Claude AI model to screen for ethical issues.