AlexSecret/iStock via Getty Images Just how low can stocks go? That was the question posed by the Wall Street Journal on Monday morning, March 9, 2009. Just like this year, March 9th fell on a Monday, following a Friday where the S&P 500 closed sharply lower on economic fears. That’s where the similarities end. In 2009, the S&P 500 closed below 700 for the first time since 1996; this year, it’s tr...
AlexSecret/iStock via Getty Images Just how low can stocks go? That was the question posed by the Wall Street Journal on Monday morning, March 9, 2009. Just like this year, March 9th fell on a Monday, following a Friday where the S&P 500 closed sharply lower on economic fears. That’s where the similarities end. In 2009, the S&P 500 closed below 700 for the first time since 1996; this year, it’s trading not far below 7,000, or roughly ten times higher. Back then, strategists were debating if the index would crater another 27% to reach 500. Having already dropped 56% from its 2007 highs, another leg down felt entirely plausible, but in hindsight, it was the low . Compare that to today: when was the last time you saw mainstream analysts calling for a 27% drop, even with equities right near record highs? The analysis from that article serves as a reminder of the investor tendency to extrapolate current trends into the future. If stocks are up, they’ll stay up; if they’re sliding, the bottom is always miles away. Analysts often add a 'countertrend' hedge in their forecasts just to cover their bases, but take today’s 'temporary sell-off' forecasts with a grain of salt. They’re only echoing what the market has been doing. The only way to know for sure is to watch, listen, and let the tape tell the story. The ride since March 2009 has been incredibly rewarding for those who stayed the course. Since that Monday close, the S&P 500 has rallied 895% (excluding dividends), and more than half of all sectors have risen more than fivefold. Technology has been the top-performing sector with a gain of over 2,500%, followed by Consumer Discretionary, which is up by just over half of that amount. Rounding out the top three, Industrials is the only other sector that has outperformed the S&P 500 since the March 2009 low. While all eleven sectors are higher since March 2009, Energy (178%) and Utilities (314%) have been the worst performers, along with Consumer Staples (378%) and Communica...
In recent days, Amazon and OpenAI announced a multi-year partnership that includes Amazon investing up to US$50 billion and committing extensive AWS Trainium capacity, while Amazon also continues a US$200 billion capital expenditure program focused on expanding its cloud and AI infrastructure. This combination of long-term AI infrastructure spending and a deepened role as OpenAI’s cloud backbone u...
In recent days, Amazon and OpenAI announced a multi-year partnership that includes Amazon investing up to US$50 billion and committing extensive AWS Trainium capacity, while Amazon also continues a US$200 billion capital expenditure program focused on expanding its cloud and AI infrastructure. This combination of long-term AI infrastructure spending and a deepened role as OpenAI’s cloud backbone underscores how central AWS has become to supplying the compute behind advanced AI applications. Next, we’ll examine how this expanded OpenAI partnership and US$200 billion capex plan could influence Amazon’s existing investment narrative around AWS-led growth. Capitalize on the AI infrastructure supercycle with our selection of the 35 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. Amazon.com Investment Narrative Recap To be comfortable owning Amazon today, you need to believe that AWS and AI driven infrastructure remain the primary earnings engine, while retail, ads and newer bets like healthcare deepen the ecosystem. The OpenAI partnership and US$200 billion capex push reinforce the near term AI capacity catalyst, but they also sharpen the key risk around AWS capital intensity and potential margin pressure if demand or pricing does not keep pace. Amazon’s expanded Zepbound KwikPen offering through Amazon Pharmacy is a good example of how the company is pushing further into healthcare services that can strengthen Prime engagement and diversify revenue streams. While small compared with AWS, this kind of high touch, subscription friendly vertical can support the broader investment case if it helps offset volatility in more capital hungry segments like cloud infrastructure. Yet, while AWS pours billions into custom chips and data centers, investors should also be aware that... Read the full narrative on Amazon.com (it's free!) Amazon.com's narrative projects $905.9 billion revenue and $111.9 billion earnings by 2028. Thi...
A newly filed class action lawsuit in the U.S. District Court for the Northern District of California accuses Meta Platforms Inc. and Luxottica of America Inc. of deceiving consumers about the privacy protections built into their AI-powered smart glasses. Plaintiffs Gina Bartone of New Jersey and Mateo Canu of California filed the complaint March 4, 2026, alleging that while Meta promoted its glas...
A newly filed class action lawsuit in the U.S. District Court for the Northern District of California accuses Meta Platforms Inc. and Luxottica of America Inc. of deceiving consumers about the privacy protections built into their AI-powered smart glasses. Plaintiffs Gina Bartone of New Jersey and Mateo Canu of California filed the complaint March 4, 2026, alleging that while Meta promoted its glasses as private and consumer-controlled, video footage captured through the glasses was secretly routed to overseas workers for manual review. The glasses are developed through a partnership between Meta and EssilorLuxottica, the parent company of Luxottica of America Inc., which is the manufacturer behind popular eyewear brands including Ray-Ban and Oakley. Which glasses are named in the suit? The complaint focuses on two product lines, Ray-Ban Meta smart glasses and Oakley Meta smart glasses: Ray-Ban Meta Gen 1 (Skyler and Headliner) Ray-Ban Meta Gen 2 (Wayfarer, Skyler and Headliner) Oakley Meta HSTN Oakley Meta Vanguard Meta Ray-Ban Display (Wayfarer) Prices for these products range from $299 to $799 depending on the model. These devices look like ordinary sunglasses from the outside. But according to the complaint, each pair includes ultra-wide cameras, microphone arrays and AI assistant capabilities. When a wearer activates the glasses' AI features, what the camera sees is transmitted to Meta's cloud servers for analysis, storage and AI model training. Why does the complaint allege privacy issues? According to the complaint, the AI Glasses were marketed as "designed for privacy, controlled by you" and "built for your privacy and others' too." Meta also allegedly promised customers it would take steps to protect people's privacy, including removing key identifiable information when the glasses' camera was used for AI features. The complaint says the plaintiffs relied on Meta's privacy representations when making their purchases and neither knew at the time of purchase t...
宏福苑大火｜紅十字會籌款逾5.3億元 預留1.2億元支援社區復原 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】因應宏福苑大火，香港紅十字會為災民籌款，捐款已超過5.3億元。 紅十字會交代援助宏福苑災民工作進度，...
宏福苑大火｜紅十字會籌款逾5.3億元 預留1.2億元支援社區復原 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】因應宏福苑大火，香港紅十字會為災民籌款，捐款已超過5.3億元。 紅十字會交代援助宏福苑災民工作進度，五成半的捐款金額用於為受災家庭及外傭，提供不同類型經濟援助，機構至今已為1,762個家庭發放三個月的現金援助，每個家庭每月獲派4,000元至1.5萬，至今已派發超過5,000萬元，另派發超過2,000張專屬八達通卡作為一次性現金援助，紅十字會亦將預留1.2億元支援未來五年的社區復原工作
中朝跨境列車據報相隔六年復駛 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中朝跨境列車據報相隔六年後恢復行駛。 韓聯社引述中鐵集團指，由平壤至北京的列車將於周四恢復，每周有四班車，途經丹東及新義州，將優先予外交...
中朝跨境列車據報相隔六年復駛 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中朝跨境列車據報相隔六年後恢復行駛。 韓聯社引述中鐵集團指，由平壤至北京的列車將於周四恢復，每周有四班車，途經丹東及新義州，將優先予外交官等公務人員乘坐，若有剩餘座位會考慮售票予公眾。平壤至北京跨境列車自2020年初，北韓因新冠疫情封鎖邊境而停駛。在北京，外交部稱中朝保持常態化客運列車運營有重要意義，支持雙方主管部門加強溝通，為雙邊人員往來創造更便利條件。
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Alibaba Group Holding (NYSE:BABA) has set up a specialized AI task force led by senior executives. The group is focused on accelerating development of Alibaba's foundation models after the resignation of the lead architect of its Qwen AI platform. The compan...
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Alibaba Group Holding (NYSE:BABA) has set up a specialized AI task force led by senior executives. The group is focused on accelerating development of Alibaba's foundation models after the resignation of the lead architect of its Qwen AI platform. The company reaffirmed its commitment to open-source AI and large scale AI infrastructure investment as part of this effort. Alibaba Group Holding, best known for its e-commerce, cloud services, and digital payments businesses, is putting more senior leadership focus on AI at a time when large language models and AI infrastructure are central topics across tech. For investors watching Chinese technology companies, the build out of foundation models and AI tooling is becoming a key part of how platforms support merchants, developers, and enterprise clients. For you as a potential or current shareholder, this kind of leadership level attention to AI signals that management views it as a core pillar of the business rather than a side project. The task force, along with the emphasis on open-source and infrastructure spending, positions Alibaba to compete for developers, partners, and workloads that are looking for alternatives in both China and global markets. Stay updated on the most important news stories for Alibaba Group Holding by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Alibaba Group Holding. NYSE:BABA Earnings & Revenue Growth as at Mar 2026 5 things going right for Alibaba Group Holding that this headline doesn't cover. Quick Assessment ✅ Price vs Analyst Target : At US$132.64 versus a consensus target of about US$199.00, the price sits roughly 33% below analyst expectations. ✅ Simply Wall St Valuation : Shares are described as trading 49.4% below estimated fair value, which aligns with an undervalued status. ❌...
PALO ALTO, Calif., March 9, 2026 /PRNewswire/ -- CHAI AI, the leading platform for conversational AI entertainment, today announced plans to implement native age verification systems leveraging Apple and Google's official APIs. This strategic integration, which will soon begin its phased rollout across applicable regions, reinforces CHAI AI's commitment to user safety and responsible AI engagement...
PALO ALTO, Calif., March 9, 2026 /PRNewswire/ -- CHAI AI, the leading platform for conversational AI entertainment, today announced plans to implement native age verification systems leveraging Apple and Google's official APIs. This strategic integration, which will soon begin its phased rollout across applicable regions, reinforces CHAI AI's commitment to user safety and responsible AI engagement on both iOS and Android platforms. This upcoming technological update is designed to build upon and strengthen CHAI AI's existing safety framework. Currently, the platform enforces an 18+ age requirement through robust App Store and Google Play age ratings, alongside user self-attestation mechanisms during the onboarding process. By preparing to implement the native age verification tools provided by Apple and Google, Chai AI is adding a seamless, verifiable, and privacy-centric layer of protection to further ensure age-appropriate experiences. Key features of the upcoming rollout include: Native OS Integration: Where available, the app will utilize Apple and Google's secure, OS-level APIs, allowing users to verify their age efficiently without needing to upload sensitive documents directly to CHAI AI servers. Enhanced Child Protection: The new system will work in tandem with existing 18+ app store ratings to strictly enforce age-gating, ensuring that younger users are unable to access the platform. Region-Specific Implementation: The deployment of these tools will be based on the relevant API availability from Apple and Google within specific geographic regions. Alternative Subscription Verification: To maintain rigorous safety standards globally, CHAI AI may require users to hold an active subscription to access the platform in regions where these native OS age verification APIs are currently unavailable, serving as an additional layer of verification. Press contact: Tom Lu +1 (626) 594-8966 Cision View original content to download multimedia:https://www.prnewswire.com/n...
Micron Technology (MU) — once a major beneficiary of the AI boom — has suffered a significant setback as Nvidia reportedly chose other suppliers for a critical part of its next-generation artificial intelligence hardware. The news hit investors hard, sending Micron’s stock lower and raising concerns about its role in the future AI hardware ecosystem. The Setback: Losing the HBM4 Deal The core issu...
Micron Technology (MU) — once a major beneficiary of the AI boom — has suffered a significant setback as Nvidia reportedly chose other suppliers for a critical part of its next-generation artificial intelligence hardware. The news hit investors hard, sending Micron’s stock lower and raising concerns about its role in the future AI hardware ecosystem. The Setback: Losing the HBM4 Deal The core issue is that Nvidia has awarded exclusive high-bandwidth memory (HBM4) supply contracts for its upcoming Vera Rubin AI platform to Samsung and SK Hynix, excluding Micron from this flagship project. HBM4 is a next-generation memory technology essential for high-end AI tasks like training and inference. Securing a design win with Nvidia can significantly boost revenue and margins. Missing out on this opportunity signals weaker positioning for Micron in one of the fastest-growing segments of the semiconductor market. Why This Matters Micron has long been a major supplier of memory — DRAM and NAND chips that power PCs, data centers, and AI systems. Its alignment with Nvidia’s AI chip ecosystem previously boosted growth prospects. Nvidia’s demand for memory chips helped drive Micron’s sales and investor confidence. However, the HBM4 loss suggests that Micron may not be a top choice for Nvidia’s most advanced AI accelerators, potentially limiting its future growth in the high-margin AI memory category. More of this lucrative business is now going to Samsung and SK Hynix, which control the majority of Nvidia’s high-end memory supply. Market Reaction and Stock Impact Investors reacted quickly. Micron’s stock dropped as reports broke, reflecting concerns over reduced earnings and revenue potential. This comes ahead of its fiscal second-quarter earnings call, a period already sensitive due to volatility from broader market conditions and AI memory demand expectations. The AI Memory Landscape To understand why missing the HBM4 contract is a blow, consider the memory market: HBM (High-Ban...
Shares of 3D Systems (DDD +28.06%) rallied on Monday after the additive manufacturing leader showed significant progress toward achieving profitability. By the close of trading, 3D Systems' stock price was up over 27%. Solid top-line growth and cost cuts 3D Systems' fourth-quarter revenue rose 16% sequentially to $106.3 million. The gains were fueled by sales of new printers and rising materials u...
Shares of 3D Systems (DDD +28.06%) rallied on Monday after the additive manufacturing leader showed significant progress toward achieving profitability. By the close of trading, 3D Systems' stock price was up over 27%. Solid top-line growth and cost cuts 3D Systems' fourth-quarter revenue rose 16% sequentially to $106.3 million. The gains were fueled by sales of new printers and rising materials usage by existing systems. "Three markets were particularly noteworthy: med tech, dental, and aerospace and defense, which are rapidly adopting 3D printing as a core manufacturing method," CEO Jeffrey Graves said. "These three markets have been a particular focus for our new product development over the last several years, and we believe they offer sustained growth opportunities over the next decade." Expand NYSE : DDD 3D Systems Today's Change ( 28.06 %) $ 0.55 Current Price $ 2.51 Key Data Points Market Cap $252M Day's Range $ 2.11 - $ 2.52 52wk Range $ 1.32 - $ 3.80 Volume 10M Avg Vol 3.7M Gross Margin 33.71 % 3D Systems' expense-reduction initiatives created roughly $55 million in annualized cost savings in 2025. That helped the 3D printing company's fourth-quarter adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) improve by $13.8 million year over year, to a loss of $5.3 million. An upbeat forecast Looking ahead, management expects revenue of $91 million to $94 million and an adjusted EBITDA loss of $3 million to $5 million in the first quarter. "We remain intensely focused on reducing overall spending, while prioritizing strategic investments that drive growth in our priority markets," interim chief financial officer Phyllis Nordstrom said.
A top Pentagon official sees little chance of resuming negotiations with Anthropic PBC over military use of its artificial intelligence tools following the company’s legal challenge of an unprecedented government move to declare the firm a supply-chain risk. Emil Michael , the under secretary of defense for research and engineering, said Monday that Anthropic’s lawsuit was an “expected reaction” a...
A top Pentagon official sees little chance of resuming negotiations with Anthropic PBC over military use of its artificial intelligence tools following the company’s legal challenge of an unprecedented government move to declare the firm a supply-chain risk. Emil Michael , the under secretary of defense for research and engineering, said Monday that Anthropic’s lawsuit was an “expected reaction” and that the company’s attempt to reverse the supply-chain declaration wouldn’t alter the Pentagon’s decision. “I don’t think there’s a scenario where this gets resolved in that way,” Michael said in an interview with Bloomberg News. Michael spoke hours after Anthropic sued to block the Pentagon and other agencies from declaring the firm a threat to the US supply chain and barring it from government contracts. In court filings earlier Monday, Anthropic claimed the moves had violated the company’s rights to free speech and due process under the US Constitution. An Anthropic spokesperson had no immediate comment when asked Monday about Michael’s remarks. Read More: Anthropic Sues US Government Over Supply Chain Risk Label A former Uber Technologies Inc. executive now overseeing a Pentagon effort to accelerate AI adoption, Michael had held weeks of tense negotiations with Anthropic Chief Executive Officer Dario Amodei over terms for using the firm’s AI tools. Talks broke down roughly two weeks ago, after the company demanded assurances that its AI wouldn’t be used for mass surveillance of Americans or autonomous weapons deployment. That prompted the Pentagon to declare San Francisco-based Anthropic a supply-chain risk, a move normally reserved for companies from adversarial nations. Until recently, Anthropic had provided the only AI system that could operate in the Pentagon’s classified cloud, and its Claude Gov tool has become a favored option among defense personnel for its ease of use. The decision puts at risk a $200 million contract for Anthropic to provide the Pentagon wi...