In a dramatic pivot, Anthropic has reportedly returned to the negotiating table with the U.S. Department of War in a last-minute effort to secure continued access to Pentagon contracts as the company faces the possibility of being labeled a supply chain risk by the Trump administration. The move comes less than a week after President … Read more
NVIDIA is reevaluating its manufacturing strategy with Taiwan Semiconductor Manufacturing Company (TSMC) as U.S. export controls create bottlenecks for H200 chip sales to China. Despite strong demand from Chinese tech firms, shipments remain stalled due to Beijing’s pending approval, forcing NVIDIA to reassess how it allocates limited TSMC production capacity. This pivot was followed by … Read more
Marvell Technology reported strong results for the fourth quarter of fiscal 2026, with rapid growth of artificial intelligence infrastructure driving much of the company’s performance. The chipmaker released its earnings on March 5, 2026, highlighting a sharp rise in demand from data center customers. Revenue from Marvell’s data center segment reached a record $1.36 billion … Read more
During the ‘Robinhood Presents: Take Flight’ event on March 4, 2026, Robinhood Markets, Inc. (HOOD) announced its investment plans for the future, with the introduction of the new Robinhood Platinum Credit Card, aimed at catering to an elite, high-income consumer base. The card paves the way for the retail-centric investment company’s entry into an elite … Read more
Strategy, the largest corporate holder of Bitcoin, rose 10% in the afternoon session following an increase in the Bitcoin price and the company’s disclosure of an extra purchase of 3,015 BTC at an average price of $67,700, revealed on March 2, 2026. The company pulled off a sensational comeback by betting heavily on Bitcoin by … Read more
The regulatory outlook for the digital assets industry in the United States is rapidly evolving, as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have submitted significant proposals to the White House for review. These proposals, currently under consideration by the Office of Information and Regulatory Affairs (OIRA), represent a … Read more
Despite the ongoing geopolitical turmoil in the Middle East, the Asian stock market has managed to put forth a strong face. Notable among the performances of various indices is South Korea’s large-cap stock index, the Korea Composite Stock Price Index (KOSPI), which surged by 11% today. The surge was unexpected as it happened immediately after … Read more
Broadcom (AVGO) reported its Q1 2026 earnings yesterday, posting revenue of $19.31B (+29% YoY) and GAAP EPS of $1.50 (+32% YoY). It beat the market estimates by narrow margins (less than 1% revenue beat), mostly fueled by AI growth. Broadcom’s share price climbed to $317.12, marking a 1.18% increase. Despite the positive share price movement … Read more
Morgan Stanley is cutting approximately 3% of its workforce, equivalent to about 2,500 employees, across its core business lines, including investment banking, trading, wealth management, and investment management. The layoffs are reported as part of a strategic restructuring driven by shifting business priorities, operational efficiency goals, and evolving location strategies, affecting both domestic and international … Read more
Palantir Technologies (PLTR) is attracting renewed attention from Wall Street after a series of analyst upgrades pushed its price targets higher, following strong financial performance and accelerating demand for artificial intelligence software. The latest analyst reports suggest that Palantir’s expanding AI platform and improving profitability are reshaping sentiment around the stock. Meanwhile, Shares of Palantir … Read more
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