Morning News Wrap-Up 3/3/26: Tuesday’s Biggest Stock Market Stories!

FomoAnxiety · 2026-03-03T17:42:07+00:00

The stock market on Tuesday saw mixed reactions, with Target and Best Buy stock rising due to strong earnings, while MongoDB and Nintendo faced declines. Noteworthy movements included a rally for Mobix Labs and drops for Advanced Micro Devices and Iterum Therapeutics.

FomoAnxiety

2026-03-03 17:42:07

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The stock market is busy on Tuesday, and TipRanks has the hottest market news worth reading. Investors can check that out in our list below.

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**Target **(TGT) stock was up after the retail company beat Wall Street’s EPS estimate for Q4.
Live Nation Entertainment (LYV) stock slipped alongside an update on an antitrust lawsuit.
**MongoDB **(MDB) fell after the data software company posted abysmal Q1 guidance.
Mobix Labs (MOBX) stock underwent a huge rally after the aerospace defense company announced a massive purchase order.
Best Buy (BBY) stock took off after the tech retailer posted a strong earnings report.
**Pinterest **(PINS) stock soared after the social media platform announced a major investment.
Iterum Therapeutics (ITRM) stock fell hard alongside a delisting notice.
The Dow Jones Industrial Average (DJIA) was down after President Donald Trump warned that the U.S. has a large enough munitions stockpile for a prolonged conflict.
Advanced Micro Devices (AMD) stock was down on reports that the U.S. could limit chip exports.
**Roots **(TSE:ROOT) stock jumped after the clothing company said it would explore strategic alternatives.
**Blackstone **(BX) stock dipped after the investment firm said that its flagship private credit fund has experienced record redemptions.
**Nintendo **(NTDOF) stock was down after the video game company’s latest presentation failed to impress gamers or investors.

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