March 16, 2026 3:13 pm
Key Moments Seaport downgraded Qualcomm to Sell from Neutral, citing an “incredible shrinking TAM” in smartphones. Global phone shipments are expected to decline 10%-15% this year amid higher memory prices and weaker handset demand. Apple’s ongoing move to replace Qualcomm components and in-house chip efforts by major vendors are increasing long-term risks to Qualcomm’s core […]
Read moreMarch 16, 2026 2:35 pm
Key Moments Apple introduced its second-generation AirPods Max over-ear headphones at a price of $549. The new AirPods Max 2 features Apple’s H2 chip, enhanced active noise cancellation and an updated microphone system. Orders are set to open on March 25 in more than 30 countries, with in-store availability slated for early next month. Apple […]
Read moreMarch 16, 2026 1:40 pm
Key Moments Salesforce Inc shares were trading about 2.5% higher in premarket trading on Monday following the start of a $25 billion share repurchase. The company initiated accelerated share repurchase agreements on March 11 covering an initial delivery of approximately 103 million shares. The transaction immediately executes half of Salesforce’s previously authorized $50 billion aggregate […]
Read moreMarch 16, 2026 10:07 am
Key Moments Meta shares gained more than 3% in premarket trading by 05:18 ET after reports the company may cut over 20% of its workforce. Potential layoffs are aimed at offsetting heavy spending on AI infrastructure, including an announced $600 billion data center buildout by 2028. Analysts estimate that a roughly 20% reduction in staff […]
Read moreMarch 13, 2026 1:03 pm
Key Moments J.P. Morgan identifies five European industrial stocks as key beneficiaries of renewed energy security initiatives amid heightened Middle East tensions. Siemens Energy and Vestas are cited with some of the largest implied upside potentials, at 23% and 32% respectively based on current prices and J.P. Morgan targets. All highlighted names carry Overweight ratings, […]
Read moreMarch 13, 2026 12:02 pm
Key Moments Nvidia’s GTC conference is set to spotlight advances across chips, data centers, CUDA software, AI agents, and robotics as it seeks to maintain AI leadership. Analysts anticipate Nvidia will outline a full-stack roadmap from Rubin to Feynman while addressing rising competition in both training and inference markets. Recent strategic moves, including the $17 […]
Read moreMarch 13, 2026 10:18 am
Key Moments Adobe shares dropped 9% in premarket trading after CEO Shantanu Narayen announced plans to step down after 18 years. The leadership change arrived as investors were already concerned about AI-driven disruption across the software and design markets. Adobe reported double-digit first-quarter growth in total revenue and subscription sales, signaling steady demand despite market […]
Read moreMarch 13, 2026 8:58 am
Key Moments Apple (NASDAQ:AAPL) said it will cut its commission on digital sales in China to 25% from 30% following talks with regulators. The new commission structure is set to take effect on Sunday in Apple’s largest international market. Fees for smaller developers and certain subscription services will decline to 12% from 15%. Commission Cuts […]
Read moreMarch 12, 2026 2:33 pm
Key Moments Palantir Technologies continues to run Anthropic’s Claude AI within its products, according to CEO Alex Karp. The Department of Defense recently labeled Anthropic a supply-chain risk but is still using Claude models, as previously reported. Palantir expects to connect its platforms with additional large language models in the future. Ongoing Use of Claude […]
Read moreMarch 12, 2026 2:05 pm
Key Moments Tasnim, a news agency tied to Iran’s IRGC, listed around 30 Amazon, Microsoft, Google, Oracle, NVIDIA, IBM, and Palantir sites in the Middle East as “new targets in the region.” Two Amazon data centers in the UAE were hit on March 1, while a third in Bahrain was damaged by falling debris from […]
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