The three major U.S. stock indices fluctuate and consolidate, while international oil prices plummet

On March 10, U.S. stocks’ three major indices fluctuated and consolidated. As of the latest report, the Dow fell 0.05%, the Nasdaq rose 0.06%, and the S&P 500 declined 0.12%.

In the commodities market, international oil prices plummeted. As of the latest report, WTI crude oil futures dropped over 6%, trading at $88.92 per barrel.

Global News

Trump Says Conditional Negotiations with Iran Are Possible

According to Fox News on the 10th, U.S. President Trump stated that negotiations with Iran could be conditional. When asked if he was willing to talk with Iranian leaders, Trump said, “I’ve heard they are very eager to negotiate.” “It’s possible, depending on the conditions, but it’s just a possibility.”

Strait of Hormuz Shipping Disrupted, Gulf Countries Reported to Have Cut Production by 6.7 Million Barrels/Day

Latest reports on Tuesday afternoon indicate that shipping through the Strait of Hormuz is nearly halted, and production cuts by Middle Eastern oil-producing countries are escalating. Sources revealed that the four major oil exporters in the Gulf—Saudi Arabia, Iraq, UAE, and Kuwait—have reduced output by 6.7 million barrels per day due to shipping disruptions. This represents over one-third of their total production, and global oil supply has decreased by about 6%.

U.S. Stock Market to Enter ‘Year-Round’ Trading Era, Nasdaq Advances Stock Tokenization Mechanism

After achieving 24-hour trading on weekdays in recent years, the U.S. stock market is exploring how to implement year-round “7x24” trading. Nasdaq announced on Monday plans to launch a new tokenized stock mechanism aimed at helping listed companies better control their tokenized shares. The framework is expected to be operational by the first half of 2027, allowing token holders to enjoy governance rights equivalent to those of traditional shareholders.

Is a ‘Subprime Crisis’ Repeating? Goldman Sachs Rarely Launches ‘Short Corporate Loan Strategy’

Amid the AI boom impacting U.S. software companies, Goldman Sachs, the largest market maker on Wall Street, is playing the role of a shorting tool provider in the corporate loan market—eerily reminiscent of the pre-2008 financial crisis. Sources revealed that Goldman is marketing a financial product to hedge funds that enables them to short or go long on corporate loans.

Wall Street Underestimating Iran War Impact? JPMorgan Warns S&P 500 Could Drop 10%

JPMorgan’s Global Market Intelligence head Andrew Tyler issued a report stating that with the Iran conflict ongoing and oil prices surpassing $100 per barrel, the S&P 500 could fall about 10% from its high, to around 6,270 points. Despite the conflict lasting over a week, the U.S. stock market’s reaction has been surprisingly mild—except for a few brief fluctuations and dips. Even Goldman Sachs CEO David Solomon expressed surprise at Wall Street’s “moderate” response to the conflict.

Company News

Nvidia to Launch Open-Source AI Agent Platform NemoClaw, Expected Next Week

On March 9, local time, reports indicated that Nvidia plans to launch an open-source AI agent platform called NemoClaw. The platform aims to enable enterprises to deploy AI agents within their workflows to replace employees in specific tasks. Insiders said that regardless of whether these products run on Nvidia chips, they will have access to the platform.

TSMC’s Revenue Surges 30% in First Two Months; Market Watches for How US-Iran Tensions Might Shift AI Trends

Boosted by the robust pace of AI infrastructure development before the Middle East conflict, TSMC’s sales increased by 30% in the first two months of this year. On Tuesday, TSMC announced that its combined revenue for January and February reached 718.9 billion New Taiwan Dollars (about $22.6 billion). Analysts previously expected TSMC’s Q1 revenue to grow approximately 33 year-over-year, with February’s growth slowing to 22%, mainly due to seasonal disruptions from the Lunar New Year.

GTC+OFC Next Week: Optical Interconnects to Become Major Market Theme? Bank of America Likes These Stocks

Next week, Nvidia’s highly anticipated GPU Technology Conference (GTC) is expected to showcase the company’s next-generation chip architecture. Meanwhile, another AI trend component—optical interconnect technology—will also be a focus. This technology enables high-bandwidth, low-loss, low-latency communication between GPU clusters.

Lobster Fever Unexpectedly Boosts Apple Mac Mini Sales: Website and E-commerce Sold Out, Resale Premium Up to 23%

Recently, the “lobster craze” sparked by OpenClaw has gone viral globally, driving a surge in local deployment and Mac Mini sales. The Mac mini M4, praised for its performance and not increasing prices despite rising memory costs, is sold out, sparking a buying frenzy among consumers.

NIO Reports 1.25 Billion Yuan Quarterly Profit for the First Time in 11 Years; Over 18 Billion Yuan Invested in Battery Swaps; Did Li Bin Make the Right Bet?

On March 10, NIO released its Q4 and full-year 2025 earnings report. In Q4, NIO posted an operating profit of 1.25 billion yuan, with cash reserves of 45.9 billion yuan, nearly doubling from the previous quarter. Thanks to Q4 performance, NIO’s full-year 2025 vehicle sales reached 76.884 billion yuan, up 32.0% year-over-year; total revenue for the year was 87.488 billion yuan, up 33.1%.