Stocks fell for third week as oil surged past $100 on Middle East tensions. Oracle (ORCL) beat estimates with AI gains while energy stocks rallied sharply.
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Microsoft Azure becomes first cloud provider to validate Nvidia’s Vera Rubin NVL72, delivering 3.6 exaflops—five times more compute power than GB200 systems.
AMD stock declined 2.2% after EVP Paul Darren Grasby sold $1.54M in shares. Analyst targets range from $240 to $358 amid industry headwinds.
TikTok investors including Oracle, Silver Lake, and MGX will pay $10B to U.S. Treasury in installments as part of ByteDance deal for U.S. operations.
U.S. military strikes Iranian positions on Kharg Island, sending oil prices above $100. Tanker traffic through Hormuz collapses to under 10 vessels daily.
Meta (META) stock dropped after reports emerged of potential 20% workforce cuts aimed at funding the company’s $600 billion AI infrastructure investment.
Custodia Bank’s Federal Reserve master account appeal rejected 7-3 by appeals court, while Kraken becomes first crypto firm to secure Fed access.
Billionaire Stanley Druckenmiller predicts stablecoins will replace traditional payment systems in 10-15 years as the market cap reaches $300 billion.
Circle’s USYC token has overtaken BlackRock’s BUIDL fund to become the largest tokenized U.S. Treasury product with $2.2B in supply in an $11B market.
Meta (META) stock declined 2% after delaying its Avocado AI model to May 2026. The company is exploring a temporary Google Gemini licensing deal.
Private credit funds are limiting withdrawals as PIK loans double since 2022. BlackRock, Morgan Stanley, and Cliffwater face redemption pressure. What’s next?
Amazon (AMZN) AWS announces partnership with Cerebras to deploy specialized AI chips claiming 25x faster inference than Nvidia GPUs. Stock slips 0.44%.
Target (TGT) stock jumps 6% as CEO Michael Fiddelke slashes prices on 3,000+ items and unveils a $6B turnaround strategy targeting busy families.
Morgan Stanley names Nokia (NOK) a top pick with €8.50 target, citing accelerating AI and cloud infrastructure demand driving optical networking growth.
Zillow (Z) stock rebounds 6% from 52-week low as JPMorgan says concerns are overblown. March 24 AI summit eyed as key catalyst for recovery.