Business
Dow Surges While Broadcom Drags Tech Stocks Lower
Healthcare and financial stocks helped push the Dow Jones Industrial Average higher Thursday while tech stocks lagged behind.
Shares in UnitedHealth, a Dow component, rose after Bank of America upgraded the stock, part of a broader rally in health-care stocks. Financial names in the blue-chip index including Goldman Sachs, JPMorgan and American Express also saw gains, as did payments giant Visa. The Dow is up about 800 points, or 1.6%, in afternoon trading.
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Business
You're Not Buying The $600M Optical Number – You're Buying Credo's Guidance (Rating Upgrade)
You're Not Buying The $600M Optical Number – You're Buying Credo's Guidance (Rating Upgrade)
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(VIDEO) Knicks Take 2-0 Finals Lead as Shaq Blasts Wembanyama’s ‘Blurry’ Comments After Game 2 Loss to Spurs
The New York Knicks moved within two victories of their first NBA championship in more than five decades, defeating the San Antonio Spurs 105-104 in Game 2 of the 2026 NBA Finals on Friday night at Frost Bank Center.
Jalen Brunson and Karl-Anthony Towns once again led the charge for the visitors, who erased an early deficit and held off a late Spurs push to take a commanding 2-0 series lead. The Knicks, riding a franchise-record playoff winning streak, will return home to Madison Square Garden for Game 3 with momentum firmly in their favor.
Victor Wembanyama, the Spurs’ 22-year-old franchise cornerstone, had another challenging night against the physicality of the Knicks’ frontcourt. Towns outplayed the towering Frenchman for stretches, drawing praise from analysts for his dominance in the matchup. Wembanyama finished with limited impact in key moments, including missed opportunities in the closing possessions that contributed to the narrow defeat.
In his postgame comments, Wembanyama addressed the final stretch directly. “I’m still very blurry, and that’s the whole problem. I need to have more poise, more control over the game,” he said, referring specifically to the last three possessions. He added that the issues were concentrated there rather than the entire contest.
The remarks drew sharp analysis on ESPN’s “Inside the NBA,” where Shaquille O’Neal and Charles Barkley offered pointed feedback on leadership and execution under pressure.
O’Neal, a four-time champion and Hall of Famer, pushed back on the phrasing. As a leader, one should take ownership more directly without suggesting a lack of focus, he argued, noting that such language could motivate opponents. Barkley and others on the panel echoed concerns about mental sharpness in high-stakes situations, while acknowledging Wembanyama’s youth and the difficulty of his first Finals appearance.
The panel also dissected the game’s critical final sequences. With the score tied at 104 late, decision-making on both ends came under scrutiny. Analysts debated shot selection, the absence of a timeout in certain spots, and the need for better offensive rebounding chances rather than relying on a single possession. Kenny Smith and others highlighted the importance of giving a team multiple opportunities in clutch moments.
Series Context and Key Performances
The Knicks entered Game 2 seeking to build on their Game 1 victory, a 105-95 road win in which Brunson scored 30 points, including a strong fourth quarter. Towns contributed 18 points and 12 rebounds in that opener.
In Game 2, the visitors again showed resilience. Brunson orchestrated the offense with poise, while Towns exploited mismatches against Wembanyama. The Knicks closed strong, capitalizing on defensive stands and timely scoring to secure the one-point victory.
For the Spurs, the loss at home stings as they face the prospect of a 0-2 deficit heading to New York. Wembanyama has shown flashes of brilliance throughout the playoffs, but the physical toll and tactical adjustments by the Knicks have tested his adaptability. Critics, including O’Neal, have called for more interior aggression and mental adjustments to counter the experienced Knicks core.
Barkley noted the matchup challenges, pointing out that Towns’ confidence and style created difficulties for the Spurs’ defense. Wembanyama was forced into uncomfortable areas, often playing away from the basket as a help defender, limiting his offensive rhythm.
Broader Implications
This Finals matchup pits two contrasting styles: the gritty, experienced Knicks against a Spurs team built around generational talent in Wembanyama. San Antonio’s path to contention accelerated rapidly under coach Gregg Popovich’s influence, but the current series exposes the gap in playoff experience.
Analysts across platforms emphasized patience for Wembanyama, drawing parallels to other young stars’ early Finals struggles. At 22, he remains a foundational piece expected to anchor the franchise for years. Yet, immediate adjustments in poise, post play, and decision-making are seen as essential if the Spurs hope to extend the series.
The Knicks’ ability to win on the road in back-to-back games underscores their depth and coaching. Brunson’s leadership and Towns’ versatility have proven decisive. New York has now won 14 straight playoff games, a remarkable run that has silenced doubters who questioned their path through the Eastern Conference.
Looking Ahead
Game 3 shifts to Madison Square Garden, where the Knicks will aim to take a stranglehold on the series. The Spurs must find answers defensively and offensively, particularly in maximizing Wembanyama’s unique skill set against New York’s physical frontcourt.
O’Neal and the “Inside the NBA” crew highlighted the human element, noting that even legends face adversity. Wembanyama’s growth trajectory positions him as a future face of the league, but the present demands immediate execution.
As the series progresses, focus remains on execution in the margins — late-game possessions, rebounding battles, and mental fortitude. The Knicks hold the advantage, but the Spurs’ home resilience earlier in the postseason suggests they are far from finished.
Business
Trump pardons former US congressman convicted of securities fraud

Trump pardons former US congressman convicted of securities fraud
Business
Exclusive | JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto
The largest U.S. banks plan to launch a tokenized deposit network next year, an attempt to stave off threats from crypto companies that are seeking to wade deeper into their territory under President Trump.
The new network will connect traditional payment rails with the infrastructure that digital assets run on. It will be operated by a real-time payment network company called the Clearing House, which is co-owned by , Bank of America , Citigroup C -1.98%decrease; red down pointing triangle, Wells Fargo WFC 0.39%increase; green up pointing triangle and other large commercial banks.
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Business
Crypto ETF Problems Loom, Analysts Warn
A boom in cryptocurrency exchange-traded funds has given investors more ways to buy digital assets over the past 2½ years, after U.S. regulators approved spot crypto funds. But investor demand remains concentrated in low-cost bitcoin and Ethereum products from major issuers such as BlackRock and Fidelity Investments.
Many newer products are struggling to attract meaningful assets or reach viable scale. Analysts warn that as many as a third of crypto ETFs could shut within two years, leaving investors with an unwelcome disruption. Read more:
Business
Cuba’s Raul Castro, wanted by US, appears at event in Havana

Cuba’s Raul Castro, wanted by US, appears at event in Havana
Business
Amalgamate banks – The Economic Times
ET has also suggested the perfect solution to the problem in the same edition, ‘Before they compete, let banks consolidate’. Narasimhan panel too has suggested to have less number of banks with more branches at the national level. The author has pointed out that of 9,000 private bank branches, just 1,138 are located in rural areas. This means they are not keen to go rural.
Shishir Sindekar,
Nasik, March 4
Business
Indonesia central bank, finance minister agree to boost asset yields to aid rupiah

Indonesia central bank, finance minister agree to boost asset yields to aid rupiah
Business
Still Bullish On Alphabet Stock After Its $85B Capital Raise (NASDAQ:GOOG)
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Business
(VIDEO) Knicks Edge Spurs 105-104 in Game 2 Thriller, Take 2-0 Lead in 2026 NBA Finals
NEW YORK — The New York Knicks survived a furious fourth-quarter comeback by the San Antonio Spurs to secure a 105-104 victory in Game 2 of the 2026 NBA Finals on Friday night, taking a commanding 2-0 series lead and extending their postseason winning streak to 13 games.

Karl-Anthony Towns led the Knicks with 21 points, while Jalen Brunson and Mikal Bridges each added 20 in a contest marked by momentum swings and clutch moments. Victor Wembanyama paced the Spurs with 29 points but missed a potential game-winning jumper with two seconds remaining, sealing New York’s narrow escape at Frost Bank Center.
The win moved the Knicks within two victories of their first NBA championship since 1973. No team has ever come back from an 0-2 deficit in the Finals after losing both home games. Game 3 shifts to Madison Square Garden on Monday.
Dramatic Fourth Quarter Decides Outcome
The Spurs erased a 14-point Knicks lead in the second half with a 14-0 run that gave them their first lead of the half at 104-102 on a Wembanyama layup with 39 seconds left. However, a critical turnover and defensive lapse proved costly.
After rebounding a missed shot by Brunson with 13 seconds remaining and the score tied at 104, Wembanyama passed to a teammate who was not looking, allowing Brunson to steal the ball. Wembanyama then fouled Brunson as he fell out of bounds. Brunson made the first free throw for a one-point lead but missed the second, giving San Antonio one final chance.
De’Aaron Fox set up Wembanyama for an open 20-foot jumper, but the 7-foot-4 superstar’s shot rimmed out, ending the Spurs’ hopes.
“A great player got a great shot, it just didn’t go in,” Towns said on the ABC broadcast.
Knicks coach Mike Brown praised his team’s resilience. “They made a run, we made a run, they made a run, we made a run,” Brown said. “We could have folded a few times but our guys just kept fighting. … No matter what run they went on, no matter the time of the game, our guys just kept uplifting one another.”
The Knicks shot 15 three-pointers successfully, many from role players who compensated for Brunson’s 7-for-25 performance. San Antonio struggled in the second quarter but mounted a desperate charge in the fourth.
Wembanyama’s Growing Pains in First Finals
Wembanyama finished 11 for 21 from the field but took only four shots in the first half, prompting Spurs coach Mitch Johnson to call the effort “not acceptable.” The young phenom had carried San Antonio through the playoffs in his first postseason, but the Knicks’ depth and physicality posed new challenges.
The Spurs led by as many as 12 points early but went cold from the field, allowing New York to build a halftime advantage. Despite the loss, Wembanyama’s late heroics nearly forced overtime in a game many are calling an instant classic.
Knicks’ Historic Postseason Run
New York’s victory extended an impressive playoff run that includes eight straight road wins. The franchise has not reached this stage since the early 1970s, and the current roster’s blend of star power and depth has made them favorites to close out the series.
Towns and Brunson have formed a formidable inside-out duo, while Bridges and supporting cast members have delivered timely contributions. The Knicks’ ability to withstand San Antonio’s runs demonstrated the mental toughness built throughout the season.
Series Outlook and Game 3 Implications
With the series shifting to Madison Square Garden, the Knicks will look to capitalize on home-court energy to build an insurmountable lead. The Spurs, facing elimination pressure, must find answers for New York’s perimeter shooting and interior dominance.
San Antonio’s youth and inexperience in the Finals showed in critical moments, but their resilience suggests they will not go quietly. Wembanyama’s growth under pressure remains a central storyline as the series progresses.
Broader NBA Finals Context
The 2026 Finals pit two contrasting styles: New York’s gritty, defense-first approach against San Antonio’s modern, positionless offense led by a generational talent in Wembanyama. The Knicks’ experience and home dominance give them a clear edge, but the Spurs have proven capable of upsetting expectations.
Fans in Brooklyn celebrated wildly at local bars as the final buzzer sounded, chanting “Knicks in four!” The atmosphere at Madison Square Garden for Game 3 is expected to be electric as New York inches closer to ending a 53-year championship drought.
The series has delivered compelling basketball early, with Game 2’s late drama living up to the high stakes of the NBA’s showcase event. As the action moves east, both teams will make adjustments, but New York’s momentum and home advantage position them strongly.
The Knicks’ ability to close out games against a surging opponent bodes well for their championship aspirations. For the Spurs, avoiding an 0-3 deficit will require sharper execution and continued belief in their young core.
As the 2026 NBA Finals unfold, the basketball world watches to see if the Knicks can complete their long-awaited journey or if the Spurs can engineer a historic comeback. Friday’s thrilling victory has set a high bar for the remainder of what promises to be a memorable series.
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