03-03-2026 | A 3.9 billion dollar deal, rising oil, and a pivotal war powers vote reshape markets.

COMPANIES. Select Medical to go PRIVATE in multi-billion dollar deal. Select Medical Holdings agreed to be acquired by a consortium led by Robert Ortenzio, Martin Jackson and WCAS. The transaction values the company at about THREE POINT NINE BILLION DOLLARS including debt. The board approved the agreement and shareholders will vote in the coming months. The deal is expected to close in mid twenty twenty six pending regulatory clearance. POLITICS. Congress pushes WAR POWERS vote after Iran strikes. Lawmakers moved to force a formal vote following United States military strikes in Iran. Republicans defended the operation. Democrats demanded congressional authorization. The resolution could define or limit further military action in the Middle East. MARKETS. Oil jumps as conflict lifts inflation risks. Crude prices climbed sharply amid supply concerns. United States stock index futures fell. Defense and energy shares outperformed. Investors reposition portfolios as volatility rises. INNOVATION. Nokia and NVIDIA advance artificial intelligence radio access networks at Mobile World Congress twenty twenty six. Nokia demonstrated anyRAN software on graphics processing unit platforms. NVIDIA highlighted artificial intelligence driven radio benchmarks. Vendors target artificial intelligence native fifth generation and early sixth generation development.