What Happened? Shares of materials and photonics company Coherent (NYSE:COHR) jumped 6.9% in the afternoon session after Stifel raised its price target on the stock, citing the company's strong position to benefit from the buildout of AI datacenters. The analyst firm increased its price target to $275 from $235 while keeping a Buy rating. This decision followed Coherent's presentation at the OFC 2...
What Happened? Shares of materials and photonics company Coherent (NYSE:COHR) jumped 6.9% in the afternoon session after Stifel raised its price target on the stock, citing the company's strong position to benefit from the buildout of AI datacenters. The analyst firm increased its price target to $275 from $235 while keeping a Buy rating. This decision followed Coherent's presentation at the OFC 2026 conference, where it showcased innovations for AI-driven networks, including advanced optical solutions. Stifel noted that the company stood as a key beneficiary of the expansion in AI datacenters. This positive outlook also came just two weeks after NVIDIA made a $2 billion strategic investment and a multi-billion dollar purchase commitment in Coherent, reinforcing investor confidence in the company's growth path. Is now the time to buy Coherent? Access our full analysis report here, it’s free. What Is The Market Telling Us Coherent’s shares are extremely volatile and have had 51 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 8 days ago when the stock gained 4.8% on the news that the company announced it would join the S&P 500 index. This move, effective March 23, 2026, signaled recognition of the company's market standing and its important role in the photonics industry. The inclusion often leads to increased buying from index funds that track the S&P 500. The company’s strong position was highlighted by its critical role in providing optical solutions for AI data center infrastructure. This strength was reflected in its financial performance, with Data Center revenue having experienced a significant 36% year-over-year increase, driven by high demand for its advanced products. The news followed a period of positive activity for the company, which had recently announced ne...
Semiconductor stocks haven’t been immune to retrenchment in the artificial intelligence (AI) trade and sector rotation. Just look at Advanced Micro Devices (AMD), which is off more than 7% since the start of the year. But with its prominence in the AI chip arena, AMD cannot be ignored and aggressive tactical traders may feel the same way about the Direxion Daily AMD Bull 2X Shares (AMUU). The ETF ...
Semiconductor stocks haven’t been immune to retrenchment in the artificial intelligence (AI) trade and sector rotation. Just look at Advanced Micro Devices (AMD), which is off more than 7% since the start of the year. But with its prominence in the AI chip arena, AMD cannot be ignored and aggressive tactical traders may feel the same way about the Direxion Daily AMD Bull 2X Shares (AMUU). The ETF is designed to deliver 200% of the daily performance of the chipmaker’s stock. Like all leveraged ETFs, AMUU works best over short holding periods. This would be a period of a day or two and when there are clear-cut catalysts for the underlying stock. Fortunately for traders considering AMUU, AI- and semiconductor-related catalysts abound and some sell-side analysts remain constructive on AMD shares. For example, Deutsche Bank Analyst, Brian Seymore, reiterated a $250 price target on AMD. This implied a 29% increase from where the stock traded entering Monday, following recent meetings with company executives. AMD Has Ingredients for a Rebound AMD’s deals with OpenAI and Meta Platforms are key reasons for risk-tolerant traders to keep an eye on AMUU. Those deals are well-known at this point, but they also have the potential to evolve. “AMD appeared very pleased with MI450 wins and its ability to smoothly execute significant ramps in 2H26+ (we expect some OAI in 3Q26, but with a far larger q/q step up when both OAI and Meta’s semi-custom win ramp in 4Q26),” observed Seymore. While the deals also involve some warrants, the prevailing belief is that they align with AMD’s shareholders. That could be a relevant piece in a rebound puzzle and another reason for traders to monitor AMUU. “Beyond the size ($15-20b revenue/ GW, ~$100b in initial 6GW deals), the warrants associated with the OAI and META deals were a key focus of investors, with AMD indicating they were aligned with shareholder interests (trigger on technology, rollout and share price metrics etc.), and expressing that ...
JPMorgan Investment Management’s Bob Michele said the Federal Reserve sent a “don’t worry about it” signal to markets spooked by surging oil prices and heightened geopolitical risk because of the war in Iran. The economy is feeling “a little bit of a near-term inflation shock” that could actually potentially help accelerate growth, Michele said in a Bloomberg Television interview Wednesday after t...
JPMorgan Investment Management’s Bob Michele said the Federal Reserve sent a “don’t worry about it” signal to markets spooked by surging oil prices and heightened geopolitical risk because of the war in Iran. The economy is feeling “a little bit of a near-term inflation shock” that could actually potentially help accelerate growth, Michele said in a Bloomberg Television interview Wednesday after the central bank left rates on hold. He said he was “gobsmacked” by the Fed’s decision. “They’re telling us don’t worry about it,” said Michele, the bank’s global head of fixed income. He isn’t buying it, he added: “There is a real impact to inflation and ultimately the labor market.” Former Federal Reserve Vice Chair Richard Clarida suggested the Fed needs a synonym for “transitory” to describe current inflation pressures, noting that oil futures indicate price increases will dissipate over time. “The short answer is, nobody including the Fed knows,” Clarida said about the duration of elevated inflation. Clarida described the Fed’s overall stance as “dovish” and “constructive,” while acknowledging significant geopolitical risks that could affect the inflation outlook. Deploying artificial intelligence throughout the economy factors into the Fed’s thinking, said Clarida, who is now global economic adviser at Pimco. The question about how long, or even whether, Fed Chair Jerome Powell stays beyond the end of his term in May is still casting a long shadow, Michele said. “Personally, I think he will stay on past the midterms,” Michele said. Powell may not be chair by then, Michele added, but “him staying on i think creates stability.” (This story was produced with the assistance of Bloomberg Automation.)
pcess609/iStock via Getty Images What are the key changes in our global economic outlook this month? Events in the Middle East have materially changed the near-term economic and financial outlook. In our March update, we have raised 2026’s inflation forecasts and lowered 2026’s growth forecasts pretty much across the board. How the conflict and related disruptions evolve in the period ahead will b...
pcess609/iStock via Getty Images What are the key changes in our global economic outlook this month? Events in the Middle East have materially changed the near-term economic and financial outlook. In our March update, we have raised 2026’s inflation forecasts and lowered 2026’s growth forecasts pretty much across the board. How the conflict and related disruptions evolve in the period ahead will be pivotal to the effects on commodity and financial markets and the economic implications. Our updated forecasts are based on short-lived disruptions to energy production and supply of just a few weeks. The price of Dated Brent crude oil is expected to average $90 per barrel (/b) in March, followed by a gradual moderation from April and a return to around $60/b, the prior baseline, by year-end. The assumptions for gas prices in the most affected regions, including Europe and Asia-Pacific, follow a broadly consistent profile. The uncertainty surrounding these assumptions is very high and alternative scenarios incorporating more persistent disruptions, higher-for-longer energy prices, and more pronounced effects on global financial markets result in much higher inflation rates and much weaker growth outcomes. Change in real GDP growth (%) How is geopolitical uncertainty influencing the global economic outlook? Economies’ sensitivities to the conflict and its knock-on effects differ. Many of the largest economies in Asia-Pacific, for example, are heavily reliant on energy supplies from the Middle East. But this is just one aspect to consider. The impact on an economy will also be determined by a range of other factors, including its energy mix, strategic reserves, policy responses, and whether it is a net energy importer or exporter. As the US and Canada fall into the latter category, this mitigates the impact on their projected growth rates this year - although we still reduced our US forecast this month due to weaker “carry over” effects stemming from lower-than-expected gro...
宏福苑大火｜首場聽證會今早舉行 38人被列涉事方 居民盼查清責任、監管漏洞 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】大埔宏福苑大火獨立委員會舉行首場聽證會。 聽證會在中環展城館舉行，陸續有涉事方及代表律師入...
宏福苑大火｜首場聽證會今早舉行 38人被列涉事方 居民盼查清責任、監管漏洞 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】大埔宏福苑大火獨立委員會舉行首場聽證會。 聽證會在中環展城館舉行，陸續有涉事方及代表律師入場。委員會最新列出38名涉事方，包括多名宏福苑居民、法團成員、工程顧問鴻毅、工程公司宏業的董事等，預計首場聽證會會先聽取法律團隊的開場陳詞。現場約360個公眾旁聽席已預約爆滿，會議閉門舉行，不准拍照、錄音或錄影。 首輪聽證會共有八場，期間宏福苑居民等證人將會作供。行政長官李家超委任的三人獨立委員會由法官陸啟康主持，兩名成員分別是陳健波和歐陽伯權。有宏福苑居民旁聽，希望委員會查出事件成因和責任。 宏泰閣居民李小姐：「我自己個人比較著重監管，為何有這嚴重情況出現？是監管的過程，即其實好像我自己說，如果你一個危險倉是監管得好，危險倉也不會爆炸。為何現時牽涉危險倉爆了，問題是究竟哪些人間接疏忽或根本是疏忽了？」 宏泰閣居民羅先生：「我覺得這件事政府也要負責，因為為何呢？你有法例存在，但是你沒有嚴謹執行，所以才引發這件事出來。否則政府毋須現時將全港圍網拆下來，重新找最合標準的安裝上去，證明政府執行得不夠嚴格。」
Israel’s decision to authorise its military to kill any senior Iranian official on its assassination list has raised significant new questions about its so-called decapitation strategy and what it is intended to achieve. Privately, Israeli officials have briefed their US counterparts that in the event of an uprising, Iran’s opposition would be “slaughtered”. That appears to be at odds with Benjami...
Israel’s decision to authorise its military to kill any senior Iranian official on its assassination list has raised significant new questions about its so-called decapitation strategy and what it is intended to achieve. Privately, Israeli officials have briefed their US counterparts that in the event of an uprising, Iran’s opposition would be “slaughtered”. That appears to be at odds with Benjamin Netanyahu’s strategy to pursue regime change by targeting senior figures in Iran’s political and security apparatus. Even before the outbreak of full-scale war, however, Iran experts and analysts – and some former Israeli officials – were sceptical that Iran’s clerical regime could be toppled by such strikes. So far the targeted attacks have killed the supreme leader Ali Khamenei, the security chief Ali Larijani and the intelligence minister Esmail Khatib, among others. At the heart of the issue is the structure and resilience of Iran’s regime – and how both the regime and the Iranian public respond to such attacks. Before the US and Israel launched their attacks three weeks ago, experts had assessed that the regime was stagnating in the face of protests and that some kind of change appeared inevitable. That dynamic has now changed. “This isn’t a personalised regime,” said Sanam Vakil, an Iran expert at Chatham House. “There are institutional layers under every individual and I suspect that the response to decapitation strikes would be to simply [promote] from within – although that risks bringing up unknown and untested individuals. Given the Israeli success rate you could imagine there are perhaps lower-rank individuals not so amenable to moving up the system in what is dangerous work.” Thus far, Vakil does not judge Israel’s decapitation strategy to have been successful. “At the moment it seems to be buying time, and I’m not sure what the US is trying to achieve, but there exists a potential for air to be blown back into the system to rejuvenate a regime that was becom...
Cesar Chavez abused and raped women and girls, NYT investigation says toggle caption George Brich/ AP/AP Cesar Chavez, the famed union leader and champion of farmworker rights, has been accused of sexually abusing two girls in the 1970s as well as Dolores Huerta, with whom he co-founded the United Farm Workers, in the 1960s, according to an investigation published by the New York Times. The newspa...
Cesar Chavez abused and raped women and girls, NYT investigation says toggle caption George Brich/ AP/AP Cesar Chavez, the famed union leader and champion of farmworker rights, has been accused of sexually abusing two girls in the 1970s as well as Dolores Huerta, with whom he co-founded the United Farm Workers, in the 1960s, according to an investigation published by the New York Times. The newspaper spoke with two women who said they were children when Chavez began to groom and sexually abuse them during his time as UFW president. One of the women said Chavez raped her in a motel room in 1975 when she was 15 years old and he was 47. The other woman said Chavez began groping her in his office at the union's headquarters when she was 13. Both women, now in their 60s, were the daughters of organizers within the farmworker movement. Sponsor Message NPR has not independently investigated the allegations against Chavez, who died in 1993. The New York Times spoke with more than 60 people and reviewed documents and other materials bolstering his accuser's stories. Huerta, a labor leader long revered for her work on behalf of farmworkers alongside Chavez, told the newspaper that he raped her in a car in 1966. She told the Times that "Mr. Chavez drove her out to a secluded grape field in Delano, Calif., parked and forced her to have sex inside the vehicle." Huerta told the newspaper that she chose not to tell anyone about the rape because "she feared that no one within the union would believe her." In a statement posted to Medium on Wednesday, Huerta wrote: "I am nearly 96 years old, and for the last 60 years have kept a secret because I believed that exposing the truth would hurt the farmworker movement I have spent my entire life fighting for." She wrote that she had two separate encounters with Chavez in the 1960s. "The first time, I was manipulated and pressured into having sex with him, and I didn't feel I could say no because he was someone that I admired, my boss and ...
Key Points GQRE charges a notably higher expense ratio but sports a higher dividend yield than REET. Both funds delivered nearly identical 1-year returns, yet GQRE saw a deeper five-year drawdown and holds fewer positions. REET offers significantly more assets under management than GQRE. 10 stocks we like better than FlexShares Trust - FlexShares Global Quality Real Estate Index Fund › The iShares...
Key Points GQRE charges a notably higher expense ratio but sports a higher dividend yield than REET. Both funds delivered nearly identical 1-year returns, yet GQRE saw a deeper five-year drawdown and holds fewer positions. REET offers significantly more assets under management than GQRE. 10 stocks we like better than FlexShares Trust - FlexShares Global Quality Real Estate Index Fund › The iShares Global REIT ETF (NYSEMKT:REET) and FlexShares Global Quality Real Estate Index Fund (NYSEMKT:GQRE) both target global real estate exposure, but differ sharply on cost, yield, and size. Both REET and GQRE aim for broad global real estate diversification, yet their approaches and investor experiences can diverge. This comparison weighs their cost, performance, liquidity, risk, and portfolio specifics to help investors decide which may better suit different priorities in the real estate ETF landscape. Snapshot (cost & size) Metric REET GQRE Issuer IShares FlexShares Expense ratio 0.14% 0.45% 1-yr return (as of 2026-03-16) 12.30% 12.97% Dividend yield 3.5% 4.5% Beta 1.07 1.01 AUM $4.6 billion $357.0 million Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. GQRE charges more than triple REET’s annual fee, which could matter for long-term cost-conscious investors, but it also offers a higher dividend yield that may appeal to those seeking income. Performance & risk comparison Metric REET GQRE Max drawdown (5 y) -32.06% -35.07% Growth of $1,000 over 5 years $1,188 $1,202 What's inside FlexShares Global Quality Real Estate Index Fund holds about 174 securities with a 12.4-year history, focusing exclusively on real estate companies. Its largest positions include American Tower (NYSE:AMT), Prologis (NYSE:PLD), and Welltower (NYSE:WELL), with no significant tilts toward other sectors. The fund’s portfolio design emphasizes global diversification and tracks the...
Alvaro Fernandez Echeverria/iStock Editorial via Getty Images By Ezequiel Gomes The market for XRP ( XRP-USD ) is entering a phase of measured consolidation this Wednesday as digital asset participants move past the finality of federal court proceedings. After years of legal uncertainty, the definitive closure of the case against Ripple Labs has shifted the focus from courtroom headlines to the a...
Alvaro Fernandez Echeverria/iStock Editorial via Getty Images By Ezequiel Gomes The market for XRP ( XRP-USD ) is entering a phase of measured consolidation this Wednesday as digital asset participants move past the finality of federal court proceedings. After years of legal uncertainty, the definitive closure of the case against Ripple Labs has shifted the focus from courtroom headlines to the actual mechanics of institutional adoption within the U.S. financial sector. With the token currently hovering in a narrow band, the focus is now on whether the removal of regulatory overhang can offset a cautious macroeconomic climate and spark a fresh leg up. The immediate price action for the token shows a cooling of the volatile swings witnessed earlier in the month. Following a successful test of the $1.28 floor, the asset has established a base that appears to be attracting longer-term holders looking for stability. This strangulation of the trading range suggests that the aggressive selling pressure tied to settlement uncertainty has largely been absorbed by the market at this point. Chart moves are revealing a narrowing corridor that typically precedes higher volatility. The resistance is near the $1.55 mark - a level that has proven difficult to breach throughout the current quarter. A decisive move above this price region, with high volume, would likely clear the way for a run toward the $1.80 region, while a slip below $1.25 might invite a retest of the psychological $1.00 level. Liquidity profiles on major exchanges indicate a steadying of order books, with bid depth increasing significantly near current prices. The relative strength index is currently positioned in neutral territory, suggesting the market is neither overextended nor exhausted. This technical equilibrium gives the asset room to breathe as it awaits a fresh fundamental catalyst to dictate its next major directional move. XRP price dynamics (February 2026-March 2026) (Source: TradingView) The trans...
Lincoln International CEO Rob Brown joins Dani Burger on "Bloomberg Deals." Chicago investment bank Lincoln International does valuations for about a third of all US private credit loans. Brown says the underlying data on private credit does not match the recent wave of negative headlines about the sector. (Source: Bloomberg)
Lincoln International CEO Rob Brown joins Dani Burger on "Bloomberg Deals." Chicago investment bank Lincoln International does valuations for about a third of all US private credit loans. Brown says the underlying data on private credit does not match the recent wave of negative headlines about the sector. (Source: Bloomberg)
It's a brand new day, and yet Nvidia investors are asking themselves the same old question: What's it going to take to get this frustrating stock rolling again? If that sounds familiar, well, that's because it is. Not even 24 hours ago, we explored why Nvidia's stock has been stuck in the mud despite a flurry of good news — both this week during its buzzy AI conference called GTC (short for GPU Te...
It's a brand new day, and yet Nvidia investors are asking themselves the same old question: What's it going to take to get this frustrating stock rolling again? If that sounds familiar, well, that's because it is. Not even 24 hours ago, we explored why Nvidia's stock has been stuck in the mud despite a flurry of good news — both this week during its buzzy AI conference called GTC (short for GPU Technology Conference) and over the past few months. Now, we have yet another positive update about Nvidia's business prospects and an important clarification on the company's demand outlook, all for the stock to once again do next to nothing. After moving lower Wednesday morning, shares are up fractionally in afternoon trading. That advance pales in comparison to what we've learned since we published our last Nvidia story. So, our advice remains the same: Stick with the stock, and if you don't own any, this is a great chance to get in. Late Tuesday, CEO Jensen Huang said at a press conference that t he company had restarted manufacturing of a Hopper-generation AI chip, known as the H200, for the Chinese market. Hopper is the predecessor to Nvidia's current Blackwell family of chips. Jensen later told our CNBC colleague Kristina Partsinevelos that Nvidia had clearance from both governments to restart Hopper sales — with Beijing's stamp of approval being the most notable detail. Then, early Wednesday morning, Reuters reported Nvidia was already working on a modified version of its new Groq-infused AI inference chip for the Chinese market. China represents a major growth opportunity for Nvidia, but the company had become locked out of the market due to geopolitical tensions between the world's two largest economies. Starting under former President Joe Biden, the U.S. banned the sale of Nvidia's most cutting-edge chips to China. The company was initially able to sell throttled-back versions of its chips to Chinese customers, but nearly a year ago, the Trump administration curtai...
Nidwalden canton police said the woman was alone in the Titlis Xpress ski gondola when it detached from the cable. The gondola had just left the Trübsee station and was climbing the middle section of the mountain when the accident appears to have happened.
Nidwalden canton police said the woman was alone in the Titlis Xpress ski gondola when it detached from the cable. The gondola had just left the Trübsee station and was climbing the middle section of the mountain when the accident appears to have happened.
Dilok Klaisataporn The Federal Reserve Open Market Committee held its policy rate steady between 3.5% and 3.7% while revising upward its inflation forecast, as an “evolving oil and energy shock has created an elevated sense of uncertainty,” according to Joseph Brusuelas, principal and chief economist at RSM US. The unemployment rate forecast remains at 4.4%, with projections still indicating one 2...
Dilok Klaisataporn The Federal Reserve Open Market Committee held its policy rate steady between 3.5% and 3.7% while revising upward its inflation forecast, as an “evolving oil and energy shock has created an elevated sense of uncertainty,” according to Joseph Brusuelas, principal and chief economist at RSM US. The unemployment rate forecast remains at 4.4%, with projections still indicating one 25 basis point rate cut, which Brusuelas said is “likely to be pushed back to later this year.” The Fed also revised its PCE and Core PCE inflation forecasts to 2.7% for the year. The current energy crisis cascading through the American economy represents a “central banker’s nightmare,” according to the economist, as it creates tension between a shaky labor market and rising inflation. Brusuelas expressed doubt about the Fed’s optimistic outlook, noting he is “somewhat skeptical that the economy will just charge right through this while inflation increases” and grow at the revised 2.4% pace, up from the previous 2.3% forecast. More on Interest Rates Federal Reserve keeps policy on hold for third straight meeting, as expected ECB seen holding rates as inflation risks re-emerge over energy shock Bank of Canada holds policy rate at 2.25% amid uncertainty over Middle East conflict Fed rate cut odds for June, July meetings dip after hot PPI data Brace For 'Sharply Higher Rates' - The FOMC Meeting Preview
Graphics processing units (GPUs) have been the go-to chips for hyperscalers and artificial intelligence (AI) companies in the past three and a half years. That's not surprising, as GPUs pack massive parallel computing power, making them ideal for carrying out vast calculations simultaneously that are needed for AI model training and inference. However, GPUs have been losing ground to another type ...
Graphics processing units (GPUs) have been the go-to chips for hyperscalers and artificial intelligence (AI) companies in the past three and a half years. That's not surprising, as GPUs pack massive parallel computing power, making them ideal for carrying out vast calculations simultaneously that are needed for AI model training and inference. However, GPUs have been losing ground to another type of chip known as application-specific integrated circuits (ASICs). These ASICs, popularly known as custom processors, are designed for specific tasks. As a result, they differ from GPUs, which are general-purpose chips. Since ASICs are custom-made to perform a specific task, they are reportedly 30% to 40% more power-efficient than GPUs while offering better performance. Not surprisingly, custom AI chips are better suited for AI inference applications, which don't require the horsepower needed to train AI models. As a result, TrendForce expects sales of ASICs to increase by 45% in 2026, well above the 16% anticipated increase in GPU shipments. Investors can capitalize on this fast-growing AI niche by investing in shares of Broadcom (AVGO 0.99%) and Marvell Technology (MRVL 2.80%), the two leading players in ASICs. But if you were to invest in one of these two semiconductor stocks right now, which one should you be buying? Broadcom and Marvell Technology both growing at a solid pace The latest results from Broadcom and Marvell, released this month, clearly show that both companies are benefiting nicely from the adoption of custom AI chips in data centers. Marvell reported a 22% year-over-year increase in revenue in its fiscal 2026's fourth quarter (which ended on Jan. 31) to $2.22 billion. Its adjusted earnings increased by an even more impressive 33% to $0.80 per share. Marvell's data center business has received a nice shot in the arm thanks to the adoption of its networking components and custom processors. The company points out that its custom processor revenue doubled i...
Key Points Broadcom and Marvell are sitting on a lucrative opportunity in custom AI chips, which are in high demand. Both of these companies have a strong customer base and expect AI revenue to accelerate. However, the valuation suggests that one of them could be a better buy right now. 10 stocks we like better than Broadcom › Graphics processing units (GPUs) have been the go-to chips for hypersca...
Key Points Broadcom and Marvell are sitting on a lucrative opportunity in custom AI chips, which are in high demand. Both of these companies have a strong customer base and expect AI revenue to accelerate. However, the valuation suggests that one of them could be a better buy right now. 10 stocks we like better than Broadcom › Graphics processing units (GPUs) have been the go-to chips for hyperscalers and artificial intelligence (AI) companies in the past three and a half years. That's not surprising, as GPUs pack massive parallel computing power, making them ideal for carrying out vast calculations simultaneously that are needed for AI model training and inference. However, GPUs have been losing ground to another type of chip known as application-specific integrated circuits (ASICs). These ASICs, popularly known as custom processors, are designed for specific tasks. As a result, they differ from GPUs, which are general-purpose chips. Since ASICs are custom-made to perform a specific task, they are reportedly 30% to 40% more power-efficient than GPUs while offering better performance. 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 » Not surprisingly, custom AI chips are better suited for AI inference applications, which don't require the horsepower needed to train AI models. As a result, TrendForce expects sales of ASICs to increase by 45% in 2026, well above the 16% anticipated increase in GPU shipments. Investors can capitalize on this fast-growing AI niche by investing in shares of Broadcom (NASDAQ: AVGO) and Marvell Technology (NASDAQ: MRVL), the two leading players in ASICs. But if you were to invest in one of these two semiconductor stocks right now, which one should you be buying? Broadcom and Marvell Technology both growing at a solid pace The latest results from Broadcom and Marvell, relea...
Watch Live: Fed Chair Powell's Penultimate Press Conference Fed Chair Powell may be wishing he had quit a month ago as he faces his penultimate press conference (perhaps) amid a dramatically changing global economic and geopolitical environment. Markets anticipate a "hawkish hold," with Powell reinforcing the statement's "hold" that The Fed is prioritizing caution amid heightened uncertainty . On ...
Watch Live: Fed Chair Powell's Penultimate Press Conference Fed Chair Powell may be wishing he had quit a month ago as he faces his penultimate press conference (perhaps) amid a dramatically changing global economic and geopolitical environment. Markets anticipate a "hawkish hold," with Powell reinforcing the statement's "hold" that The Fed is prioritizing caution amid heightened uncertainty . On the bright side, an activist judge rejected the Trump admin's suit against him - so one reporter is bound to ask him about that (and whether he will stay on as a Governor after his term is up). On the darker side - will the reporters ask all the tough questions about whether inflationary pressures from an oil crisis can be 'looked through' as transitory? Powell is expected, as usual, to emphasize patience, a data-dependent "wait-and-see" approach, and no rush for policy shifts. He'll likely downplay any major pivot, highlight dual-mandate risks (employment vs. price stability), and, as always, avoid concrete commitments on future cuts (or hikes) - now potentially delayed to later in 2026 (e.g., October/December) if at all. Sue Hill, senior portfolio manager and head of government liquidity group at Federated Hermes, said the focus will remain on the Fed’s expectations for inflation and growth given the runup in oil prices. “ While Chair Powell may officially convey that it’s too soon to tell what the impact will be , we’ll see hints of the Fed’s thinking in any revisions to the summary of economic projections and the dot plot.” And we did with the SEP showing higher inflation expectations (despite dots being basically unch)... MUFG’s George Goncalves says this is a “neutral” statement from the FOMC. “The statement tweaks are an attempt at trying to avoid sending any signals while conveying they are on guard for any growth shocks and inflation spillover from the Middle East Conflict.” We would expect much usage of the term: ... "monitoring developments" Watch the full press ...
Bob Michele, JPMorgan Asset Management's global head of fixed income, reacts to the decision by the Federal Reserve's policy-setting Federal Open Market Committee to leave interest rates unchanged. (Source: Bloomberg)
Bob Michele, JPMorgan Asset Management's global head of fixed income, reacts to the decision by the Federal Reserve's policy-setting Federal Open Market Committee to leave interest rates unchanged. (Source: Bloomberg)