Since hitting an all-time high price of $126,198.07 on Oct. 6, 2025, Bitcoin (BTC 0.11%) has entered a bear market. It's trading 42% off that record (as of March 12). No one knows for certain what's causing the recent drawdown, but it could be due to profit-taking measures from long-term holders adding selling pressure to the market. Nonetheless, now is not the time to panic. Instead, investors mu...
Since hitting an all-time high price of $126,198.07 on Oct. 6, 2025, Bitcoin (BTC 0.11%) has entered a bear market. It's trading 42% off that record (as of March 12). No one knows for certain what's causing the recent drawdown, but it could be due to profit-taking measures from long-term holders adding selling pressure to the market. Nonetheless, now is not the time to panic. Instead, investors must sharpen their focus on the variables that matter most. Here are three persuasive reasons why this beaten-down cryptocurrency is a no-brainer buy in March. Bitcoin continues to be fundamentally sound When stock prices tank, the best investors make sure that the fundamentals haven't changed. The same approach should be applied to Bitcoin. There are three key data points to pay attention to. First is Bitcoin's node count, or the number of computers that are running the crypto's software, which ended 2025 at an all-time high. This highlights how decentralized the network is. The second metric to look at is hashrate, which measures the amount of computational power provided by Bitcoin miners that supports the network's security. This figure is near its highest level ever. And finally, consider the transaction volume that Bitcoin handles. In 2025, $3.6 trillion of value was moved across the Bitcoin blockchain, up 6% year over year. Taking all of these factors into account, Bitcoin's fundamentals have never been stronger. Bitcoin is mixing with traditional finance In less than two decades, Bitcoin has become a $1.5 trillion global asset. Given that it's decentralized, neutral, digital, and scarce, it's understandable why the financial services industry has wanted to dip its toes in the waters. Bitcoin can provide new revenue-generating activities. The spot Bitcoin exchange-traded funds (ETFs) were some of the most successful financial product launches of all time. The iShares Bitcoin Trust, which is the largest such ETF, generates $137 million in fees for BlackRock at the curre...
Richard Drury/DigitalVision via Getty Images Quarterly Update Global equity markets ended the fourth quarter in positive territory, with Europe as a standout performer, followed by Emerging Markets. Large caps outperformed small in most markets. The U.S. and China extended their trade truce for another year, though geopolitical issues—tariffs or otherwise—continued to simmer worldwide. In Europe, ...
Richard Drury/DigitalVision via Getty Images Quarterly Update Global equity markets ended the fourth quarter in positive territory, with Europe as a standout performer, followed by Emerging Markets. Large caps outperformed small in most markets. The U.S. and China extended their trade truce for another year, though geopolitical issues—tariffs or otherwise—continued to simmer worldwide. In Europe, the U.K. and France signed a declaration of intent to deploy troops to Ukraine if a peace deal is reached with Russia; territory remains a key outstanding issue in negotiations. Within the Western Hemisphere, the Trump administration launched a strike in Venezuela to seize Maduro. This signals a tougher approach toward Latin America, with additional ramifications for the energy sector. Across major central banks, the U.S. Federal Reserve Board (the Fed) and the Bank of England eased further, while the European Central Bank (ECB) held steady and the Bank of Japan tightened. Manufacturing activity decreased, while service industries fared better. Third quarter gross domestic product (GDP) was better than expected; however, consumers remain cautious amid continued signs of labor market softening. That proved to be the key consideration for the Fed's further interest rate cuts. There was a low-quality bias in the market across small to mid-cap stocks, with strong results for companies with low returns on equity. Among small cap growth stocks, where companies without earnings were far more common, those stocks were highly rewarded. Fund Update Amidst this market environment, the Fund underperformed the Russell Midcap® Growth Index in the fourth quarter, though ended the year ahead of the benchmark. For the communication services sector, we prefer to invest in media and services companies that are either well placed from an advertising perspective with a target audience or provide differentiated services. Take-Two Interactive Software, Inc. ( TTWO ) develops, publishes, and marke...
Key Points Bitcoin's node count, hashrate, and transaction volume remain incredibly robust. The financial services industry will continue to entertain ways of generating revenue from Bitcoin. Bitcoin's tiny share of global wealth suggests that there is sizable upside in the long run. 10 stocks we like better than Bitcoin › Since hitting an all-time high price of $126,198.07 on Oct. 6, 2025, Bitcoi...
Key Points Bitcoin's node count, hashrate, and transaction volume remain incredibly robust. The financial services industry will continue to entertain ways of generating revenue from Bitcoin. Bitcoin's tiny share of global wealth suggests that there is sizable upside in the long run. 10 stocks we like better than Bitcoin › Since hitting an all-time high price of $126,198.07 on Oct. 6, 2025, Bitcoin (CRYPTO: BTC) has entered a bear market. It's trading 42% off that record (as of March 12). No one knows for certain what's causing the recent drawdown, but it could be due to profit-taking measures from long-term holders adding selling pressure to the market. Nonetheless, now is not the time to panic. Instead, investors must sharpen their focus on the variables that matter most. Here are three persuasive reasons why this beaten-down cryptocurrency is a no-brainer buy in March. 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 » Bitcoin continues to be fundamentally sound When stock prices tank, the best investors make sure that the fundamentals haven't changed. The same approach should be applied to Bitcoin. There are three key data points to pay attention to. First is Bitcoin's node count, or the number of computers that are running the crypto's software, which ended 2025 at an all-time high. This highlights how decentralized the network is. The second metric to look at is hashrate, which measures the amount of computational power provided by Bitcoin miners that supports the network's security. This figure is near its highest level ever. And finally, consider the transaction volume that Bitcoin handles. In 2025, $3.6 trillion of value was moved across the Bitcoin blockchain, up 6% year over year. Taking all of these factors into account, Bitcoin's fundamentals have never been stronger. Bitcoin is mixing w...
The Kobayashi Maru Scenario By Michael Every of Rabobank The Kobayashi Maru Scenario Yesterday's Global Daily by Ben Picton, ' The Wrath of Kharg', couldn't help but get me thinking about the infamous Kobayashi Maru scenario in Star Trek II: The Wrath of Khan. For those unfamiliar, back when Star Trek was a popular franchise based on serious ideas, not an unpopular one based on frivolous ones, Sta...
The Kobayashi Maru Scenario By Michael Every of Rabobank The Kobayashi Maru Scenario Yesterday's Global Daily by Ben Picton, ' The Wrath of Kharg', couldn't help but get me thinking about the infamous Kobayashi Maru scenario in Star Trek II: The Wrath of Khan. For those unfamiliar, back when Star Trek was a popular franchise based on serious ideas, not an unpopular one based on frivolous ones, Starfleet Academy tested its budding starship captains by making them try to rescue the simulated crew of a disabled freighter stranded in dangerous territory. Abandoning them was a failure; yet every attempt to retrieve them would be met by an ever-increasing number of attackers. Crucially, this no-win scenario was a key test of officer candidates’ characters, not their tactics or strategy. The question today is if President Trump is himself caught in a Kobayashi Maru scenario given: If he retreats from Iran, it's a geopolitical defeat the equivalent of the 1956 Suez Crisis; and he may not even be able to retreat if Iran refuses to stop the war regionally. If he continues to attack, energy markets will panic further. The Israeli press says the country is preparing to fight for another month vs Iran and Hezbollah in Lebanon, not the three weeks alluded to yesterday; and Iran is now targeting upstream oil and gas fields (such as Shah in the UAE), not just refineries and export terminals, threatening energy supply , not flow. Yet in Star Trek II we hear that Captain Kirk, in his youth, found a novel solution to the no-win outcome: he reprogrammed the computer, so victory was possible, winning a commendation for original thinking. "I don't like to lose," he tells a logical Vulcan who had already failed the test. Indeed, even as the media are calling this war Operation ‘Epic Folly' --and recalling that oil prices vs physical supply, and bunker fuel, jet fuel, and diesel are worse-- the futures market continues to price for cheaper energy within a few months. Even with backwardatio...
Justin Sullivan/Getty Images News Robinhood Ventures Fund I ( RVI ) announced it has closed investments in Stripe ( STRIP ) and ElevenLabs. The fund purchased nearly $20M of ElevenLabs Series D Preferred Stock in a primary transaction on March 12, 2026. It previously bought $14.6M of Stripe Class B Common Stock in secondary transactions on March 9. “We’re excited to add Stripe and ElevenLabs to Ro...
Justin Sullivan/Getty Images News Robinhood Ventures Fund I ( RVI ) announced it has closed investments in Stripe ( STRIP ) and ElevenLabs. The fund purchased nearly $20M of ElevenLabs Series D Preferred Stock in a primary transaction on March 12, 2026. It previously bought $14.6M of Stripe Class B Common Stock in secondary transactions on March 9. “We’re excited to add Stripe and ElevenLabs to Robinhood Ventures Fund I and are proud to offer retail investors access to these frontier companies,” said Sarah Pinto, President of Robinhood Ventures Fund I. “They are helping shape the future of fintech and AI, and reflect RVI’s focus on investing in innovative companies operating at the forefront of their industries.” Launched in February by Robinhood Markets, the fund aims to give investors exposure to a curated portfolio of private companies, including Databricks, Ramp, Revolut, and others. The closed-end fund now holds nine companies, with plans to add more over time. It raised about $658.4M in its IPO, with shares priced at $25, and began trading on the New York Stock Exchange on March 6, 2026. More on Robinhood Ventures Fund I, Robinhood Markets, etc. Coinbase Vs. Robinhood: The Arbitrage Case For Selling COIN In Favor Of HOOD Robinhood Ventures Fund I: Turning Retail Investors Into Venture Capitalists Robinhood Markets, Inc. (HOOD) Presents at Citizens JMP Technology Conference 2026 Transcript Retail investors pull back from equities, defying seasonal patterns, JP Morgan says Stocks to watch after hours on Thursday: ADBE, ULTA, HOOD
NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Rosenblatt Securities in a research report issued on Tuesday,Benzinga reports. They presently have a $300.00 target price on the computer hardware maker's stock. Rosenblatt Securities' target price would indicate a potential upside of 63.23% from the stock's previous close. NVDA has been t...
NVIDIA (NASDAQ:NVDA - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Rosenblatt Securities in a research report issued on Tuesday,Benzinga reports. They presently have a $300.00 target price on the computer hardware maker's stock. Rosenblatt Securities' target price would indicate a potential upside of 63.23% from the stock's previous close. NVDA has been the subject of several other reports. DA Davidson reaffirmed a "buy" rating and set a $250.00 price objective on shares of NVIDIA in a research report on Monday, February 23rd. Sanford C. Bernstein boosted their target price on NVIDIA from $275.00 to $300.00 and gave the company an "outperform" rating in a research note on Thursday, February 26th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of NVIDIA in a research report on Tuesday, January 6th. Susquehanna raised their price target on shares of NVIDIA from $230.00 to $250.00 and gave the stock a "positive" rating in a research note on Thursday, November 20th. Finally, Arete Research lifted their price objective on shares of NVIDIA from $244.00 to $261.00 and gave the company a "buy" rating in a report on Tuesday, November 25th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of $274.21. Get NVIDIA alerts: Sign Up Get Our Latest Stock Report on NVDA NVIDIA Trading Up 0.3% Shares of NASDAQ:NVDA opened at $183.79 on Tuesday. The firm has a market cap of $4.47 trillion, a price-to-earnings ratio of 37.64, a PEG ratio of 0.61 and a beta of 2.33. NVIDIA has a 12 month low of $86.62 and a 12 month high of $212.19. The company's fifty day simple moving average is $185.25 and its 200 day simple moving average is $184.12. The company has a quick ratio of 3.24, a current ratio of 3.91 and a de...
Shares of Adobe (NASDAQ: ADBE) continue to plunge in 2026 as the company grapples with potential disruption and now a change at CEO. But the valuation has become compelling and could be a great opportunity for investors to bet on the market's sentiment changing around the stock. In this video, I show why the valuation and buybacks may be the best reason to be bullish on Adobe stock today and why t...
Shares of Adobe (NASDAQ: ADBE) continue to plunge in 2026 as the company grapples with potential disruption and now a change at CEO. But the valuation has become compelling and could be a great opportunity for investors to bet on the market's sentiment changing around the stock. In this video, I show why the valuation and buybacks may be the best reason to be bullish on Adobe stock today and why there's one big questions investors should be asking. *Stock prices used were end-of-day prices of March 14, 2026. The video was published on March 17, 2026. Continue reading
A customer shops in a grocery store on March 11, 2026 in Miami, Florida. Joe Raedle | Getty Images New economic risks have some experts warning about stagflation — a combination of low economic growth and high inflation. Persistent inflation above the Fed's target and the job market slowdown had already prompted worries. Then surging oil prices due to the war in Iran have drawn comparisons to the ...
A customer shops in a grocery store on March 11, 2026 in Miami, Florida. Joe Raedle | Getty Images New economic risks have some experts warning about stagflation — a combination of low economic growth and high inflation. Persistent inflation above the Fed's target and the job market slowdown had already prompted worries. Then surging oil prices due to the war in Iran have drawn comparisons to the oil supply shocks that led to shortages and long gas lines Americans saw during stagflation in the 1970s. Yet some economists say full-blown stagflation, sometimes dubbed a worst-case scenario for the U.S. economy, may not manifest as strongly as it did then, if at all. More from Financial Advisor Playbook: Student loan forgiveness is taxable again. How to plan for a five-figure IRS bill Trump accounts have 'more unanswered questions than answered,' expert says Home sellers start getting lower prices at 70, research shows — here's why Bigger SALT cap may 'drive higher refunds,' tax expert says — who benefits Trump accounts could grow to $50,000 or more, president says. Advisors weigh in Housing affordability isn't just hurting buyers: More homeowners are falling behind In an affordability crunch, Gen Z adults lean on their parents for financial help Penalty-free withdrawals from 401(k)s can now pay for long-term care insurance Tax changes Social Security beneficiaries may see based on new laws 53% of investors with a required withdrawal for 2025 still haven't taken it: Fidelity The first step workers should take after a layoff, as job losses soar "If there's a recession and inflation goes up, then there's a potential for a short period of stagflation, which means low, below potential growth rate and higher inflation, but not something close to what happened in the 70s and early 80s," said Eugenio Aleman, chief economist at financial firm Raymond James. Raymond James' forecast calls for only a 35% to 40% chance of a U.S. recession, he said. Gauging stagflation risks The term...
On Monday, at Nvidia’s annual GTC conference, CEO Jensen Huang projected $1 trillion in AI infrastructure demand between 2025 and 2027. It’s an incredible figure that means business for a host of companies, including Nvidia. The biggest loser in Huang’s scenario, however, might just be Tesla with Nvidia’s autonomous driving solutions chipping away at a core part of investors’ reason for owning sto...
On Monday, at Nvidia’s annual GTC conference, CEO Jensen Huang projected $1 trillion in AI infrastructure demand between 2025 and 2027. It’s an incredible figure that means business for a host of companies, including Nvidia. The biggest loser in Huang’s scenario, however, might just be Tesla with Nvidia’s autonomous driving solutions chipping away at a core part of investors’ reason for owning stock in Elon Musk’s EV maker.
This article first appeared on GuruFocus. Tesla (TSLA, Financials) has signed a deal with LG Energy Solution for $4.3 billion to develop a lithium iron phosphate (LFP) battery factory in Lansing, Michigan. Production is slated to start in 2027.The U.S. government announced that the factory will make prismatic LFP battery cells to help Tesla's Megapack 3 energy storage devices that are made in Hous...
This article first appeared on GuruFocus. Tesla (TSLA, Financials) has signed a deal with LG Energy Solution for $4.3 billion to develop a lithium iron phosphate (LFP) battery factory in Lansing, Michigan. Production is slated to start in 2027.The U.S. government announced that the factory will make prismatic LFP battery cells to help Tesla's Megapack 3 energy storage devices that are made in Houston. The endeavor is part of a larger plan to make more batteries in the US and rely less on batteries made in China.The deal comes after reports that Tesla was looking for other suppliers because of tariffs and supply chain problems with China. LG Energy Solution, one of the few companies in the US that makes LFP batteries, will provide them for several years.Chinese companies have historically made most of the LFP batteries that are used in energy storage systems, but they don't have a lot of business in the U.S. The Michigan plant is intended to help fill that gap while meeting the expanding need for energy storage on a large scale.Tesla is still putting money into energy infrastructure as it moves beyond electric cars, and this deal shows that. The next important step will be updates and progress on building before the scheduled start of production in 2027.
Richard Drury/DigitalVision via Getty Images A recent claim on Binance Square suggested that the Fed may cut rates and cause Bitcoin ( BTC-USD ) to rally this month due to weak payroll data. Not an unreasonable assertion because SPY dropped 1.3% when those payroll numbers were released, meaning that markets had not priced in a negative payroll surprise. However, I don't believe the Fed will cut ra...
Richard Drury/DigitalVision via Getty Images A recent claim on Binance Square suggested that the Fed may cut rates and cause Bitcoin ( BTC-USD ) to rally this month due to weak payroll data. Not an unreasonable assertion because SPY dropped 1.3% when those payroll numbers were released, meaning that markets had not priced in a negative payroll surprise. However, I don't believe the Fed will cut rates because February's job loss may have been due to reasons other than a weak economy. Not only that, once readers comprehend the primary factors behind those weak payrolls, they will also understand why Chairman Powell will most likely mention that the labor market is somewhat out of the Fed's control. And just to be clear, the primary reason is not the healthcare strike . If Powell does deliver statements along those lines, it would clearly indicate a move towards a more hawkish stance, or higher-for-longer rates. BTC's Recent Rally Before delving into a discussion on payrolls, though, I think it would be wise to provide a quick explanation on why I believe that BTC's rally since the beginning of the Iran war is likely speculative, implying that the coin will revert to below $60,000 if and when this conflict quiets down. My reasoning is deceivingly simple: BTC is a risk-on asset and thus should not appreciate in a war environment, which is inherently risk-off. As a matter of fact, it should not have appreciated at all because gold, the quintessential risk-off asset, has not demonstrated an equivalent rally. An assertion that risk premiums were already priced into gold may act as a rebuttal to my logic. But stock markets slumped, and 10-year treasury yields increased ~7.5% from a low of 3.945% on February 27 to a high of 4.269% on March 16. Those movements should not have occurred if financial models had already accounted for risks associated with the war. As a result, if and when this war is over, BTC will most likely witness a strong correction. Not an Exact Science Now...
This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) is in discussions with Chinese firms, including Envicool, to procure liquid cooling systems for its data centers, reflecting growing pressure on supply chains as artificial intelligence infrastructure expands. Sources say that Google's procurement team recently went to China and talked with Envicool, a firm in Shenzhen that mak...
This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) is in discussions with Chinese firms, including Envicool, to procure liquid cooling systems for its data centers, reflecting growing pressure on supply chains as artificial intelligence infrastructure expands. Sources say that Google's procurement team recently went to China and talked with Envicool, a firm in Shenzhen that makes cooling systems. This is because the company is looking for other options because components are hard to come by in Taiwan. There are also plans for more discussions with additional vendors. Liquid cooling solutions, which employ fluids to keep high-density servers cool, are now necessary for AI workloads that create more heat than regular air cooling can handle. The talks show that the need for AI infrastructure is putting a pressure on not just chip supply but also the equipment that goes with it. According to industry forecasts, the global market for AI server liquid cooling systems will increase to more than $17 billion in 2026. This is almost twice as much as it was last year, when it was worth $8.9 billion. Chinese producers have gained market share by making more products and lowering prices, thanks to growing demand in China. Even while there are still geopolitical issues, the talks also show how Chinese vendors are becoming more important in the growth of data centers throughout the world. The next thing that may happen is if these conversations lead to official supply agreements.
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“Crude is gonna march higher, I’m afraid,” says Robert McNally, founder and president at Rapidan Energy Group. He offers perspective on the psychological impact on the global oil market of restricted tanker traffic through the Strait of Hormuz. (Source: Bloomberg)
“Crude is gonna march higher, I’m afraid,” says Robert McNally, founder and president at Rapidan Energy Group. He offers perspective on the psychological impact on the global oil market of restricted tanker traffic through the Strait of Hormuz. (Source: Bloomberg)
Zenith Bank Plc , Nigeria’s second-largest lender by market value, plans to list on the London Stock Exchange in 2027 to broaden access to capital and strengthen clients services. “There are a lot of deals we have on the table to finance across the UK and other countries, for which we need to raise more capital,” a bank said on Tuesday. Zenith didn’t disclose additional details of its plans. The m...
Zenith Bank Plc , Nigeria’s second-largest lender by market value, plans to list on the London Stock Exchange in 2027 to broaden access to capital and strengthen clients services. “There are a lot of deals we have on the table to finance across the UK and other countries, for which we need to raise more capital,” a bank said on Tuesday. Zenith didn’t disclose additional details of its plans. The move will make Zenith the second Nigerian lender to list on the UK exchange, following Guaranty Trust Holding Company Plc last year, when it raised $105 million . Zenith also announced it would open a branch in Manchester in addition to the operation it already has in London. Read More: Nigeria Says 30 Banks Meet Capital Threshold Ahead of Deadline Nigeria’s biggest lenders have been boosting capital buffers to meet a 2024 order by the central bank to significantly strengthen their balance sheets and are now looking for growth opportunities at home and abroad. Zenith Bank last year raised its capital cushion above the 500 billion naira ($371 million) minimum requirement sought by the regulator and announced plans to expand in francophone West Africa.
格隆汇3月17日｜据睿见，2026亚布力论坛年会于3月17日-19日在黑龙江亚布力举办。昆仑芯CEO欧阳剑表示，依据 Google、字节跳动等公开统计数据，全球Token 消耗呈量级式增长，每月、每半年均有大幅提升，年增速超 200%。同时，模型规模持续扩大，单个 Token 计算成本持续走高，引发社会对算力能耗挤占生产生活资源的普遍担忧。他强调，这一矛盾既是 AI 产业的全新挑战，也是技术创新的...
格隆汇3月17日｜据睿见，2026亚布力论坛年会于3月17日-19日在黑龙江亚布力举办。昆仑芯CEO欧阳剑表示，依据 Google、字节跳动等公开统计数据，全球Token 消耗呈量级式增长，每月、每半年均有大幅提升，年增速超 200%。同时，模型规模持续扩大，单个 Token 计算成本持续走高，引发社会对算力能耗挤占生产生活资源的普遍担忧。他强调，这一矛盾既是 AI 产业的全新挑战，也是技术创新的重要机遇。作为 AI 时代的新型基础设施，Token 必须具备普惠属性，全行业正从多维度推进成本下降。欧阳剑表示，token成本需以每年至少一个量级的速度下降，才能支撑其高速增长的调用需求，这将成为 AI 产业下一阶段的核心攻坚方向。