US Stock Market Big Three Indices Rise Collectively; International Oil Prices Surge and Fall Back

On March 17, the three major U.S. stock indices all rose collectively. As of the latest report, the Dow Jones increased by 0.93%, the Nasdaq by 0.66%, and the S&P 500 by 0.66%.

In the commodities market, international oil prices surged then pulled back. As of the latest report, WTI crude oil futures rose over 1%, trading at $94.75 per barrel.

Global News

U.S. Clarifies False Reports About Trump Delaying China Visit

The Financial Times reported that U.S. President Trump “threatened to delay his China visit over assistance in ensuring navigation safety in the Strait of Hormuz.” In response, Treasury Secretary, White House Press Secretary, and Trump himself all publicly clarified the matter that day. Bessant stated that if Trump’s China trip is postponed, it is not because Trump asked China to ensure the safety of the Strait of Hormuz passage. The reports are completely false. If the meeting with Chinese leaders is rescheduled, it will be because “Trump believes he should stay in the U.S. during the ongoing conflict.”

Federal Reserve “Spokesperson” Pre-Meeting Buzz: Focus on Three Major Signals in This Week’s Decision!

With the Middle East situation once again disrupting the Fed’s inflation fight, Fed officials preparing for this week’s policy meeting may face a question that seemed unlikely just months ago: not when the Fed will cut rates again, but whether they can convincingly keep the market believing rate cuts are expected.

U.S. Stock Earnings Reports May Turn Into Semi-Annual Reports? SEC Reportedly to Submit Proposal to Cancel Quarterly Reports as Early as April

The U.S. Securities and Exchange Commission (SEC) is reportedly working on a major reform that could eliminate quarterly reporting requirements for U.S. listed companies, allowing them to report earnings twice a year. The agency is in discussions with major exchanges about this plan, which could be announced as early as April for public comment. The public review period for major rule proposals typically lasts 60 days.

First Attack on Persian Gulf Oil and Gas Production! UAE Large Natural Gas Field Fires, Operations Suspended

On Monday, March 16, local time, a fire broke out at the UAE’s large natural gas field Shah following a drone attack. According to media offices in Abu Dhabi, no casualties have been reported so far. Rescue teams are responding to the fire. For safety reasons, operations at the gas field have been temporarily halted, and officials are assessing the damage.

Israeli Media Claims IDF Successfully “Assassinated” Larijani

On March 17, multiple Israeli media outlets reported that the IDF carried out an “assassination” against Ali Larijani, Secretary of Iran’s Supreme National Security Council, overnight. The reports cite anonymous officials stating that the IDF launched an airstrike against Larijani on the night of the 16th. It is unclear whether Larijani was killed or injured in the attack. Some Israeli media suggest the IDF considers the operation a successful “assassination.”

Company News

5-Minute Highlights of Jensen Huang’s GTC Speech: Trillion-Dollar Revenue, LPU, Space Chips, One-Click “Shrimp Farming”

Early Tuesday Beijing time, NVIDIA CEO Jensen Huang delivered a two-and-a-half-hour speech that launched a “carpet bombing” of AI industry hardware and software concepts. For the capital markets, it was a fruitful day—most of the anticipated hype concepts were realized, and Huang unexpectedly provided a new explosive financial outlook for compute chips’ revenue.

Elon Musk Declares: SpaceX’s Future AI Achievements Will Surpass All Other Companies Combined!

The fierce competition in AI is essentially a contest among Silicon Valley labs. Recently, Tesla CEO Elon Musk proposed an unexpected potential competitor—his rocket company SpaceX. Musk claims it may eventually surpass all tech companies. In a brief social media exchange on X, Musk responded to claims that “Alphabet’s Google DeepMind is destined to win the AI race.”

NVIDIA Bets on the Next Trillion-Dollar Opportunity: Entering AI Server Systems

NVIDIA CEO Jensen Huang stated that the AI inference market has reached a turning point. AI has fully entered the inference and execution phase from training, with exponential growth in inference computing demand. NVIDIA will collaborate with inference-focused startup Groke to launch AI server systems, expanding its footprint in low-cost, low-latency inference computing to support a trillion-dollar market.

Tesla to Source Batteries from Korea’s LG Energy Solutions to Strengthen North American Battery Supply Chain

The U.S. government announced Monday that Tesla has signed a supply agreement with South Korea’s LG Energy Solution. The latter will produce batteries at its independent factory in Lansing, Michigan, and supply Tesla. The U.S.-made batteries will be used in Tesla’s Megapack 3 energy storage systems, helping establish a robust American battery supply chain. LG Energy’s Lansing plant is expected to start production in 2027.

Storage Chip Supply May Soon Collapse? Samsung’s Largest Strike in History Is Imminent

Amid worsening global chip shortages, labor disputes at South Korea’s Samsung Electronics could exacerbate the “chip shortage.” Samsung’s largest union, the National Samsung Electronics Union (NSEU), has threatened to vote on a massive strike plan. If approved this Wednesday, chip production could halt in mid-May, potentially costing Samsung hundreds of billions of dollars.