Major Indexes Plummet as Iran War Escalates; Dow Drops 1100 Points; Oil, Treasury Yields Jump Further

MongoDB Shares Plunge on Disappointing Guidance

FROM 14 minutes ago

MongoDB (MDB) shares plummeted nearly 30% early Tuesday, a day after the database software company provided a weak earnings outlook, offsetting quarterly results that exceeded analysts’ expectations.

The company projected current-quarter revenue of $659 million to $664 million, in line with Wall Street expectations. However, the company’s forecast of adjusted earnings per share of $1.15 to $1.19 came in below the Visible Alpha consensus of $1.21.

MongoDB reported fiscal 2026 fourth-quarter sales of $695 million, above expectations of $670 million, while its adjusted EPS of $1.65 topped the consensus estimate of $1.48.

Including today’s stark declines, MongoDB shares have lost more than 40% of their value so far in 2026 amid weakness in the software sector. 

Here’s How Much Traders Expect CrowdStrike Stock to Move After Earnings

FROM 39 minutes ago

CrowdStrike is set to report earnings after the closing bell Tuesday, with traders anticipating a big move in the cybersecurity provider’s stock following the results.

Options pricing suggests traders expect CrowdStrike (CRWD) stock could move as much as 7% in either direction by the end of this week. A shift of that size from Monday’s close could push the shares back above $412, recovering some of their recent losses—or drag them back down to about $357.

Shares of CrowdStrike shares have plunged 18% since the year began, amid a broader rout in software stocks driven by fears of AI disruption. However several analysts have suggested they view the sell-off as overdone, and expect the company to benefit from growing AI-related risks.

Read the full article here.

–Kara Greenberg

Jamie Dimon Sees Overlooked Risk to U.S. Amid War in Iran

FROM 46 minutes ago

There could be fallout from U.S. strikes on Iran over the weekend, but not the kind that will impact the average American’s pocketbook, JPMorgan Chase CEO Jamie Dimon said Monday. 

“If it’s not prolonged, there’s not going to be a major inflationary hit,” Dimon said on CNBC Monday about the risk war in Iran raises prices in America.

The inflationary risk stems from oil prices. Iran over the weekend warned ships against transiting the Strait of Hormuz, through which 20% of the world’s oil flows. Concerns that Iran will disrupt global oil supply by closing the strait and targeting energy infrastructure across the Middle East caused West Texas Intermediate futures to soar to an 8-month high on Monday, and they jumped a further 8% early Tuesday.

Read the full article here.

–Colin Laidley

How Investors Can Adjust to the Geopolitical Risk Sparked by the Iran Conflict—Experts Weigh In

FROM 1 hr 20 min ago

What should investors do in the face of heightened geopolitical risk?

That was a top-of-mind question on Monday as markets digested news of the strikes on Iran that sent oil prices higher and briefly put the hurt on U.S. stocks. Though broad market indexes recovered from their steep early-session declines, a couple investment experts offered up actionable advice for investors who are looking to strategically tweak their portfolios for near-term opportunity and risk.

Adrian Helfert, chief investment officer of multi-asset strategies at investment banking and financial advisory firm Westwood, said this is a moment to “buy the news” as it relates to the energy sector—a salient piece of guidance in light of President Trump’s suggestion that strikes are likely to continue in the coming weeks. To Jamie Battmer, chief investment officer of independent wealth management firm Creative Planning, near-term volatility could open a window for investors to strategically re-position their portfolios, without making an active bet.

Read the full article here.

–Crystal Kim

Pinterest Shares Jump on Elliott Investment

FROM 1 hr 47 min ago

Pinterest (PINS) stock is getting a boost from Elliott Investment Management.

Shares of Pinterest jumped 9% before the bell Tuesday on news of a $1 billion investment from affiliates of Elliott.

San Francisco-based Pinterest, which describes itself as “a visual search and discovery platform where people find inspiration, curate ideas and shop products—all in a positive place online,” said it intends to use money as part of an accelerated share repurchase plan.

Pinterest’s board authorized a new $3.5 billion share repurchase program, effective today. The company intends to buy back about $2 billion worth of stock in the first half of this year.

“Elliott’s investment is a strong vote of confidence in the work we have done to build our business and the significant opportunities ahead for Pinterest,” CEO Bill Ready said. “Today’s repurchase announcement reflects our belief that our current share price undervalues the strength of our business and the significant long-term growth opportunity ahead.”

Shares of Pinterest had lost about a third of their value in 2026 entering Tuesday.

Best Buy Stock Soars on Better-Than-Expected Q4 Profit

FROM 2 hr 27 min ago

Best Buy (BBY) reported worse-than-expected fiscal 2026 fourth-quarter revenue and comparable sales, and its fiscal 2027 projections also came up short of analysts’ estimates. Its shares are soaring anyway.

Shares of Best Buy soared 12% before the bell Tuesday after the consumer electronics retailer posted Q4 adjusted earnings of $2.61 per share, well above the $2.46-per-share consensus estimate of analysts polled by Visible Alpha.

Minneapolis-based Best Buy reported revenue of $13.81 billion, down from $13.95 billion a year ago and lower than analysts’ expectation of $13.89 billion. Its comparable sales declined 0.8%, far wider than the Visible Alpha consensus of a 0.1% decrease.

“We are pleased to report better-than-expected profitability for the fourth quarter,” CEO Corie Barry said. “Our comparable sales, while within our guidance range, declined 0.8% compared to last year. Our data sources show our overall market share was at least flat, pointing to slightly softer customer demand for our industry during the holiday quarter.”

Best Buy’s fiscal 2027 guidance for fiscal 2027 revenue, adjusted EPS, and comparable sales also missed the mark.

Best Buy shares entered Tuesday down 8% year-to-date and nearly 30% lower over the past 12 months.

Stock Futures Plunge as Iran War Escalates

FROM 3 hr 19 min ago

Futures contracts connected to the Dow Jones Industrial Average pointed 1.6% lower.

S&P 500 futures also were down 1.6%.

Nasdaq 100 futures sank 2.1%.