Middle East Tensions Drive Energy Spike

Market update for Tuesday March 3, 2026

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In today’s episode:

• Oil and gas jumps from Strait of Hormuz disruption
• Target forecasts sales growth for the first time in three years
• Best Buy beats on profits despite soft holiday sales
• Apple kicks off a major product wave this week
• Pinterest pops after a $1B investment from activist Elliott Management

On Holding tumbles on slower 2026 growth outlook

Fun Fact: 40% of Americans didn’t read a single book last year