GameStop (GME) reports Q4 earnings March 24. Analysts predict $0.37 EPS and $1.47B revenue. Options market prices 7.98% move. Stock up 12% YTD.
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Maryland House votes 105-24 to advance HB 295, banning sweepstakes casinos with penalties up to $100,000 in fines and three years imprisonment.
OpenAI identifies Microsoft as business risk in investor docs, revealing $665B compute commitments, chip supply concerns, and multiple lawsuits from Musk and users.
Tesla (TSLA) stock gained 3.5% after European registrations rose 12% YoY in February, ending a 14-month decline. BYD narrowly outsold Tesla for the month.
Bullish (BLSH) stock jumped 4.16% on March 23 as ARK Invest sold ~$1.56M worth of shares across ARKK and ARKW ETFs. Full details on the transaction.
Bernstein’s Stacy Rasgon gives Broadcom (AVGO) and Nvidia (NVDA) ‘outperform’ ratings on strong AI demand while remaining cautious on AMD (AMD) stock.
Chevron (CVX) stock climbed 1.73% as CEO Mike Wirth warned oil futures underestimate the supply shock from Strait of Hormuz closure affecting 6-9M barrels daily.
Nevada’s Gaming Control Board secured a court order forcing Kalshi to block sports, election, and entertainment markets, marking the platform’s first geofence.
Bipartisan Senate bill would prohibit prediction platforms like Kalshi and Polymarket from offering sports and casino contracts under federal oversight.
Oracle (ORCL) stock gained 3.11% after revealing AI agent integration in Fusion cloud suite. Q3 revenue hit $17.19B, beating expectations.
Panama’s National Assembly passes Bill 403, implementing total gambling ad bans, biometric age checks, 10% mental health levy, and severe penalties for violations.
SK Hynix stock rises 5.7% after announcing $7.97B order for ASML EUV lithography tools—the biggest single equipment purchase ever publicly revealed.
Senators introduce bipartisan bill to regulate prediction markets and prevent sports betting platforms from bypassing state licensing requirements.
Amazon (AMZN) AWS Bahrain region disrupted again by drone activity amid US-Israel-Iran tensions. Company migrating customers to alternate locations.
Alibaba (BABA) stock rose 2.98% after launching the XuanTie C950, a powerful 5nm RISC-V chip for AI inference and cloud computing applications.