Power, not chips, is the limiting factor for future AI compute growth, posing a critical question about who can deliver gigawatts 1.
Micron management reaffirmed their view of possessing industry-leading HBM4 products, with all their HBM offerings positioned for 202612.
Groq CEO Jonathan Ross states that NVIDIA and AMD will sell all GPUs they can produce this year, with their output capacity constrained by HBM memory, identifying it as the bottleneck 13.
In market downturns, I initiated positions in Microsoft and added to Google and Amazon. These big tech firms offer diverse businesses, akin to mini-ETFs; investing in Google, for example, provides exposure to Search, Cloud, Gemini, Waymo, and YouTube 2.
A company’s inclusion in the S&P 500 will attract substantial passive buying 4.
In periods of high market uncertainty and low sentiment, a more conservative Mag7 strategy is prudent. Both Amazon and Microsoft resemble Google in early last year. Moreover, NVIDIA, after potentially the strongest earnings report in history, remains significantly undervalued at around $1805.
During the Feb-Mar 2025 Tariffs crash, the VIX surged 100% from 15 to 30 in about a month, with RSI overbought, while the S&P 500 fell 10%. Subsequently, the S&P 500 bounced 5%, and the VIX nearly roundtripped back to 166.
Bitcoin is red for the month, marking 6 consecutive red months, and Ethereum is also red, reaching 7 straight. While previous crypto winters saw steeper drawdowns, this current winter feels uniquely damaging 8.
Retail investors are buying dips at an unprecedented rate; average daily equity purchases on S&P 500 down days are at a record high in 2026, 100% above the 2021 meme stock frenzy levels 11.
Excluding any opening gap higher, models project US CPI inflation rising to 3.2% if current oil prices persist 14.
Individual investors are piling into oil funds at a record pace; retail inflows into the United States Oil ETF ($USO) surged to a record +$36 million on Friday, surpassing the April 2020 peak during the pandemic shutdown 17.
Prolonged instability serves neither the U.S., which seeks unimpeded oil flow, nor China, prioritizing energy security and economic stability. The upcoming summit at the end of March looms 9.
The right is gaining traction in Brazil, per @DatosAme24 polling. The ‘26 election appears highly competitive, and a victory for Lula is no longer assured 10.
There’s a concern that UK insurers might cede market dominance to US insurers. If this shift occurs, the US would expand its control beyond military and political influence over the Strait of Hormuz to financial control, impacting the Middle East broadly 15.
A SpaceX IPO will compel the market to value the space economy as foundational, driven by durable government and commercial demand. This event will trigger a comprehensive repricing of the entire ecosystem, including launch services, LEO connectivity, and orbital assets 7.