Key Points The prospects for interest rate cuts in the coming months seem to be fading. That's not great for any cryptocurrency, especially the most popular one. 10 stocks we like better than Bitcoin › One of the key market drivers for cryptocurrencies is interest rates. All things being equal, when they're on the way down, investors get more excited about digital coins and tokens. Conversely, whe...
Key Points The prospects for interest rate cuts in the coming months seem to be fading. That's not great for any cryptocurrency, especially the most popular one. 10 stocks we like better than Bitcoin › One of the key market drivers for cryptocurrencies is interest rates. All things being equal, when they're on the way down, investors get more excited about digital coins and tokens. Conversely, when they stay level (or even rise) that sentiment can quickly turn negative. On Wednesday the U.S. Federal Reserve (Fed) kept its key interest rates unchanged, and the latest economic data suggested there isn't much scope for cuts in the near future. So it wasn't surprising that the No. 1 cryptocurrency, Bitcoin (CRYPTO: BTC) led the way with a nearly 5% decline over the 24 hours prior to 4 PM Eastern time. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Foiled by the Fed The interest rate calculation is a rather simple one; when rates go down, the yields of so-called "safe assets" like government bonds decline. This, in turn, makes riskier investments -- hello, cryptos! -- more appealing. Investors like the potential bounce they can offer, in favor of a predictable yield that's heading south. So many crypto-heads didn't get what they wanted with the Fed's Open Market Committee (FOMC) decision to leave its benchmark Federal Funds Rate untouched at 3.5% to 3.75%. Inflation seems to be an increasing threat to the economy, as the Fed raised its year-end inflation forecast to 2.7% from 2.4%. That was on the back of the largest monthly rise in the producer price index (PPI) in more than two years. That key inflation indicator rose by 0.7% in February. Interest rate blues These increased forecasts don't bode well for interest rate hawks, and, in turn, they're going to dampen enthusiasm for all manner of cryptocur...
Japanese stocks fell after oil prices surged again with new attacks on Middle East energy infrastructure and the US Federal Reserve said it won’t cut interest rates again until inflation resumes cooling. Topix Index fell 2% to 3,643.24 as of 9:07 a.m. Tokyo time, Out of 1,657 stocks in the index, 71 rose and 1,560 fell, while 26 were unchanged. Nikkei declined 2.6% to 53,777.65. Mitsubishi Corp. c...
Japanese stocks fell after oil prices surged again with new attacks on Middle East energy infrastructure and the US Federal Reserve said it won’t cut interest rates again until inflation resumes cooling. Topix Index fell 2% to 3,643.24 as of 9:07 a.m. Tokyo time, Out of 1,657 stocks in the index, 71 rose and 1,560 fell, while 26 were unchanged. Nikkei declined 2.6% to 53,777.65. Mitsubishi Corp. contributed the most to the Topix Index decline, decreasing as much as 3.5%. Electronics and trading houses led declines on the index. Brent crude oil futures rose past $110 a barrel after Iran and Israel traded strikes on key energy facilities in Middle East. Meanwhile, Chairman Jerome Powell acknowledged increased uncertainty due to the war following the Fed’s decision to keep interest rates on hold. The Bank of Japan is widely expected to keep rates unchanged at its own policy meeting announcement later Thursday. “Israel and Iran have shifted from attacks on military facilities to attacks on energy facilities, marking a new phase in the war,” Takashi Ito , senior strategist at Nomura Securities. “Given the growing inflation concerns stemming from high oil prices originating overseas, the Bank of Japan currently has few options available to play.” ADVANCERS BayCurrent (6532) +3.8% Mitsui OSK (9104) +3%; McKinsey Says M&A Has Been There, Done That: Bloomberg Deals SG Holdings (9143) +2.3% DECLINERS PeptiDream (4587) -5.3% Rengo (3941) -4.9% Mitsubishi Materials (5711) -4.8%; *MITSUBISHI MATERIALS RISE AS MUCH AS 14% TO UPPER DAILY LIMIT INSIGHTS All of the one sector indexes on the Tokyo Stock Exchange declined; Tokyo Stock Exchange TOPIX-17 Automobiles & Transportation Equipment Index was the worst performer The Nikkei was down 2.6% Topix 500 is up 6.9% year-to-date, vs. Nikkei up 6.9% Topix 500 members are trading at 17.3 times their estimated earnings for the next 12 months RELATED NEWS Yen Nears 160 Per Dollar, Stocks Poised to Fall Ahead of BOJ Japan’s Best IPO in 2025...
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Broadcom has begun production-volume shipping of its Tomahawk 6 AI switches, a 102.4 Tbps platform built for large scale AI data centers. The company is a leading force in the new 400G Optical Multi-Source Agreement, aimed at setting shared standards for hig...
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Broadcom has begun production-volume shipping of its Tomahawk 6 AI switches, a 102.4 Tbps platform built for large scale AI data centers. The company is a leading force in the new 400G Optical Multi-Source Agreement, aimed at setting shared standards for high speed optical links between AI systems. Together, these steps move Broadcom's next generation AI networking technology from sampling into broad commercial deployment. For investors watching NasdaqGS:AVGO, this represents a move from product announcements toward large scale delivery of AI focused hardware. The shares trade at $315.93, with a 63.0% return over the past year and a very large 5 year gain. This reflects strong historical interest in Broadcom's role in data center and AI infrastructure. The stock has seen a 7.5% decline over the past week and a 2.8% decline over the past month, so the timing of this production milestone may be closely watched. These networking developments position Broadcom as a central supplier in AI data centers where bandwidth, speed and interoperability are critical. Investors may want to track how quickly Tomahawk 6 and 400G Optical MSA based products are adopted by large cloud and AI customers and how this trend influences future product cycles in AI switching and optics. Stay updated on the most important news stories for Broadcom by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Broadcom. NasdaqGS:AVGO Earnings & Revenue Growth as at Mar 2026 We've flagged 2 risks for Broadcom. See which could impact your investment. For you as an investor, the key takeaway from Tomahawk 6 moving into production and Broadcom’s role in the 400G Optical MSA is that AI networking is shifting from lab trials to large, repeatable deployments. Tomahawk 6 targets very high port counts and large XP...
After operating behind the scenes for years, Micron Technology (MU +0.21%) has been thrust into the limelight. The company's flash memory and storage processors are critical components in graphics processing units (GPUs) and other chips that underpin artificial intelligence (AI), fueling unprecedented demand. As such, investors were sitting on the edge of their seats on Wednesday afternoon, awaiti...
After operating behind the scenes for years, Micron Technology (MU +0.21%) has been thrust into the limelight. The company's flash memory and storage processors are critical components in graphics processing units (GPUs) and other chips that underpin artificial intelligence (AI), fueling unprecedented demand. As such, investors were sitting on the edge of their seats on Wednesday afternoon, awaiting the results of the chipmaker's quarterly financial report. The say Micron delivered is something of an understatement. The company generated record revenue, gross margin, earnings per share (EPS), and cash flow -- and is promising to smash those records again next quarter. Blockbuster results ... and more Micron reported the results of its fiscal 2026 second quarter (ended Feb. 26), and both sales and profits far outpaced expectations. The company generated revenue of $23.9 billion, up 196% year over year and 75% sequentially. This resulted in adjusted EPS of $12.20, which rose 155%. For context, analysts' consensus estimates were calling for revenue of $20 billion and EPS of $9.19, so Micron simply blew the doors off expectations. CEO Sanjay Mehrotra said (emphasis mine), "Micron set new records across revenue, gross margin, EPS, and free cash flow in fiscal Q2, driven by a strong demand environment, tight industry supply, and our strong execution, and we expect significant records again in fiscal Q3." Its cloud memory segment led the charge, as revenue of $7.7 billion jumped 163%. Revenue from Micron's core data center business jumped 211% to $5.7 billion, while revenue from its mobile and client business segment climbed 245% to $7.7 billion. Last but not least was the automotive and embedded segment, with revenue of $2.7 billion, up 162%. Expand NASDAQ : MU Micron Technology Today's Change ( 0.21 %) $ 0.97 Current Price $ 462.66 Key Data Points Market Cap $520B Day's Range $ 458.36 - $ 471.25 52wk Range $ 61.54 - $ 471.34 Volume 73K Avg Vol 35M Gross Margin 45.53 % Di...
NVIDIA recently announced that Planet Labs PBC is among several space companies using its new accelerated computing platforms to bring AI-powered analytics directly into orbit, enabling on-satellite data processing and autonomous space operations. This move could deepen Planet Labs’ role in AI-enhanced geospatial intelligence, potentially strengthening the appeal of its higher-value solutions offe...
NVIDIA recently announced that Planet Labs PBC is among several space companies using its new accelerated computing platforms to bring AI-powered analytics directly into orbit, enabling on-satellite data processing and autonomous space operations. This move could deepen Planet Labs’ role in AI-enhanced geospatial intelligence, potentially strengthening the appeal of its higher-value solutions offering to governments and enterprises. We’ll now examine how Planet Labs’ adoption of NVIDIA’s in-orbit AI platforms may influence the company’s existing investment narrative and outlook. The future of work is here. Discover the 31 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. Planet Labs PBC Investment Narrative Recap To own Planet Labs, you need to believe satellite data can become essential infrastructure, with higher-margin “solutions” offsetting heavy investment and a still unprofitable model. The NVIDIA in-orbit AI announcement reinforces this solutions-led story, but the near term catalyst remains Planet’s March 19 earnings and guidance on adjusted EBITDA. The biggest risk is that rising spend on Pelican, Owl, and AI does not convert into sufficient, timely revenue to support cash flow and valuation. The most relevant recent announcement here is Planet’s broader March 16 collaboration with NVIDIA, which extends beyond this in-orbit AI news. That deal spans GPU-accelerated ground processing, generative AI super resolution and global embeddings for faster, smarter search. Together, these AI efforts could enhance the value of Planet’s existing government contracts, such as SHIELD, and support its push toward higher-value analytics offerings that are central to the current investment thesis. Yet, despite all this AI progress, investors should also keep in mind the risk that capital intensive satellite launches could still... Read the full narrative on Planet Labs PBC (it's free!) Planet Labs PBC’s narrative pro...
The European Central Bank is set to keep interest rates unchanged as it gauges how much of an inflation shock the war in Iran will deliver. The deposit rate will be held at 2% on Thursday — where its been since last June — according to a unanimous Bloomberg survey . While most economists see borrowing costs staying there through year-end, traders are betting on at least one hike. The fighting in t...
The European Central Bank is set to keep interest rates unchanged as it gauges how much of an inflation shock the war in Iran will deliver. The deposit rate will be held at 2% on Thursday — where its been since last June — according to a unanimous Bloomberg survey . While most economists see borrowing costs staying there through year-end, traders are betting on at least one hike. The fighting in the Middle East is raising fears that another upswing in inflation is coming on the heels of 2022’s price spike — a prospect that’s topping the agenda as the world’s leading central banks convene this week. The ECB finds itself better placed than when Russia’s invasion of Ukraine last sent oil and natural gas costs surging. Even so, some policymakers are already musing about lifting rates to curb any risks to inflation, while others wonder whether the hit to economic expansion could turn out to be more concerning. Fresh quarterly projections are unlikely to provide much guidance as many of their inputs were gathered before the US-Israeli attacks were launched. Accompanying scenario analysis, however, will offer pointers of how bad things could get. President Christine Lagarde has vowed not to “rush into a decision,” but has also promised to spare Europeans from “the same inflation increases” as four years ago. She’ll face reporters at 2:45 p.m. in Frankfurt, half an hour after the policy decision and before she heads to a European Union summit in Brussels that will discuss Iran. Follow the ECB TLIV blog here Interest Rates Officials are stressing the importance of remaining calm over the war, arguing that it’s too soon to draw any conclusions for rates. But that hasn’t stopped some from speculating about the need — and timing — of potential hikes. Estonia’s Madis Muller said the probability of the next move being an increase has risen, while Slovakia’s Peter Kazimir told Bloomberg that “a reaction by the ECB is potentially closer than many people think.” What Bloomberg Econo...