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
Kraken Financial has become the first crypto-focused financial institution in U.S. history to secure a Federal Reserve master account, granting it direct access to the central bank’s core payment systems, including Fedwire, a major interbank payment network that processes trillions of dollars in transfers each day. The approval announced on March 4, 2026, by the … 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
Following a collaborative relationship spanning over two decades, Coherent and NVIDIA have entered into a multiyear strategic partnership to expand global AI infrastructure. On March 2, 2026, the companies announced a landmark agreement featuring a $2 billion direct equity investment from NVIDIA alongside a multi-billion dollar purchase commitment. This agreement grants NVIDIA future access and … Read more
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