March 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 […]
Read moreMarch 23, 2026 11:10 am
Key Moments Global equity funds attracted $62.2 billion in inflows, including $47.1 billion into U.S. equities, reaching a two-month high. Deutsche Bank said aggregate equity positioning “slumped further into underweight,” hitting the lowest level since June 2025. Credit funds saw $13 billion in outflows, the largest weekly decline in nearly a year, with both investment-grade […]
Read moreMarch 23, 2026 9:01 am
Key Moments Elon Musk announced plans for two chip fabrication plants in Austin, Texas. They will support Tesla vehicles, humanoid robots, and AI satellites. Musk noted that current global chip output can only cover a small fraction of his companies’ future demand. This highlights the need for in-house production. The Terafab complex is expected to […]
Read moreMarch 20, 2026 2:29 pm
Key Moments Super Micro Computer Inc (NASDAQ: SMCI) shares fell more than 28% after the open following U.S. charges tied to alleged AI technology smuggling to China. The U.S. Department of Justice charged three individuals – including co-founder Yih-Shyan Liaw – in a scheme involving high-performance AI servers and alleged violations of export controls. The […]
Read moreMarch 20, 2026 2:06 pm
Key Moments Qualcomm Inc (NASDAQ: QCOM) has dropped roughly 30% since the start of the year, trading near multi-year lows around $130. Seaport Research Partners cut Qualcomm to Sell with a $100 target, marking a street-low view driven by concerns over its smartphone exposure. Management authorized a new $20 billion buyback and a 3.4% dividend […]
Read moreMarch 20, 2026 1:51 pm
Key Moments NVIDIA Corporation (NASDAQ:NVDA) plans to supply 1 million GPUs to Amazon.com’s (NASDAQ:AMZN) AWS between 2026 and 2027, with deliveries starting this year and running through 2027. The arrangement spans a full stack of Nvidia technology, including GPUs, Spectrum networking chips, Groq chips, and Connect X and Spectrum X networking equipment for AWS data […]
Read moreMarch 20, 2026 1:40 pm
Key Moments Tesla (NASDAQ:TSLA) plans to buy about $2.9 billion in solar equipment from Chinese suppliers, according to a Reuters report. The move supports Tesla’s goal of building 100 gigawatts of U.S. solar capacity by 2028. As a result, Tesla’s 2026 capital spending could exceed its $20 billion guidance, analysts say. Scope of Tesla’s Solar […]
Read moreMarch 20, 2026 11:21 am
Key Moments Amazon is developing a new phone, internally called “Transformer,” in its devices and services unit. The device aims to integrate Alexa and AI features, potentially reducing reliance on traditional app stores. The project is in development with no fixed launch date and could still be canceled if strategy or finances change. Amazon Returns […]
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