Company News for Mar 2, 2026

By Zacks Equity Research | March 02, 2026, 9:27 AM
  • Barclays PLC’s BCS shares declined 4% due to investor concern over the bank’s exposure to the collapse of U.K.-based mortgage lender Market Financial Solutions, fueling broader financial-sector weakness.
  • Shares of Block, Inc. XYZ soared 16.8% after the company unveiled sweeping job cuts aimed at boosting efficiency through greater AI adoption.
  • Shares of Intuit Inc. INTU gained 3.7% after it reported second-quarter fiscal 2026 revenues of $4.65 billion, beating the Zacks Consensus Estimate of $4.53 billion.
  • CG Oncology, Inc.’s CGON shares jumped 4.8% after it reported fourth-quarter 2025 losses of 51 cents per share, narrower than the Zacks Consensus Estimate of a loss of 61 cents.

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Barclays PLC (BCS): Free Stock Analysis Report
 
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Block, Inc. (XYZ): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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