March 24, 2026 1:17 pm
Key Moments FedEx introduced its FedEx SameDay Local service in partnership with last-mile software provider OneRail. The new offering connects customers to more than 1,000 delivery providers and enables two-hour and end-of-day delivery windows. The launch follows recent fast-delivery expansions by Amazon, Walmart, and Target as demand for rapid fulfillment grows. New Same-Day Service Targets […]
Read moreMarch 24, 2026 12:49 pm
Key Moments Ares Management (NYSE:ARES) stock declined 4% after it restricted withdrawals from its $10.7 billion Ares Strategic Income Fund. Redemption requests reached 11.6% of fund assets in the first quarter, triggering a 5% quarterly cap on outflows embedded in the fund’s structure. The fund processed $524 million of $1.2 billion in requested withdrawals in […]
Read moreMarch 24, 2026 12:05 pm
Key Moments Advanced Micro Devices (NASDAQ: AMD) has fallen about 30% from its highs. However, it now shows signs of building support ahead of Q1 2026 earnings. The upcoming MI450 AI datacenter platform could drive strong revenue growth. Notably, current forecasts still appear conservative. Meanwhile, analysts and institutions continue to accumulate shares. Institutions now own […]
Read moreMarch 24, 2026 10:38 am
Key Moments JPMorgan downgraded SAP (NYSE: SAP) (ETR: SAPG) to Neutral from Overweight and cut its price target to €175 from €260. U.S.-listed SAP shares were down nearly 5% in premarket trading by 04:33 ET following the revised rating. JPMorgan trimmed non-IFRS EBIT and EPS forecasts by mid-single-digit percentages for 2026–2028, citing slower margin expansion […]
Read moreMarch 24, 2026 10:19 am
Key Moments NVIDIA (NASDAQ: NVDA) may alter its upcoming Feynman AI chip platform because of constrained 2 nanometer capacity at TSMC (NYSE: TSM), according to Taiwan’s Economic Daily News. TSMC’s advanced 2 nanometer production is reportedly fully booked until 2028 and potentially beyond, driven by strong demand from major AI customers including Nvidia and Meta. […]
Read moreMarch 24, 2026 9:17 am
Key Moments Valero Energy Corp shut its 380,000-bpd Port Arthur, Texas refinery after an explosion and fire at a 47,000-bpd diesel hydrotreater unit. The blast, heard up to 11 miles away, left the refinery without water and steam as firefighters worked for nearly five hours to control the blaze. All personnel were accounted for, while […]
Read moreMarch 24, 2026 8:49 am
Key Moments Ford Motor is recalling 254,640 SUVs in the U.S. due to software problems affecting rearview camera and ADAS functionality. Models involved include Lincoln Navigator, Lincoln Nautilus, Lincoln Aviator, and Ford Explorer SUVs, according to the NHTSA. The software fix will be delivered either by dealers or via an over-the-air update, the NHTSA said. […]
Read moreMarch 24, 2026 8:21 am
Key Moments Oracle is redesigning its cloud-based financial software so artificial intelligence agents can handle tasks and retrieve data in response to human business questions. The updated capabilities focus on Oracle’s Fusion applications, which support core processes such as factory production planning and customer collections. Oracle’s strategy aims to shift routine data entry and execution […]
Read moreMarch 23, 2026 3:28 pm
Key Moments Bank of America raised its price target on Dell Technologies to $172 from $155, citing stronger-than-expected AI-server revenue projections. BofA increased its Sandisk price target to $900 from $850 amid a “strong NAND outlook,” firm NAND pricing, and tightening supply. The bank flagged ongoing tightness in optical fiber supply and warned that pull-forward […]
Read moreMarch 23, 2026 2:42 pm
Key Moments Morgan Stanley’s latest AlphaWise global survey indicates record iPhone upgrade plans in 2026 in the U.S. and China, pointing to the fastest replacement cycles in a decade. Apple is projected to be the only major global smartphone maker to gain market share in 2026, supported by advanced features, device quality, and broad upgrade […]
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