新闻和分析

Wall Street S&P 500 broad barometer not only managed to break a four-week losing streak last Friday, but also climbed above 5,725 points for the in the pre-market trading on March 24. The backsliding of stock indicators into positive territory has been slow, but it may have been helped by comments from the U.S. Federal Reserve's chair Jerome Powell as he characterised any possible inflationary effects induced by Trump's trade tariffs policy as being "transitory". Besides, some leaks to the media, quoted by Bloomberg News and Wall Street Journal on the weekend, suggested that Trump’s widely expected April 2 "reciprocal" tariffs announcement could be more targeted than he has initially threatened to expand indiscriminately on both friends and foes. Now a less aggressive approach may reportedly exclude some nations or blocs, as well as specific sectors. In particular, those countries who did not impose extra tariffs on the U.S. recently may be exempted from the levies, under condition if the U.S. has a trade surplus with these countries.

However, further upward developments in the market may still be limited by the technical resistance range between 5,800 and 5,850, at least until the end of the month or by only a partial recovery of most heavily oversold and popular tech companies due to unfavourable corporate reports from a trio of heavyweight issuers.

Shares of FedEx (FDX) plummeted by 6.5% last Friday, after the parcel delivery giant substantially cut its annual guidance. Moreover, the stock price decline initially was double-digit and touched the lower values of June 2023. FedEx dropped its adjusted EPS (earnings per share) projections for 2025 to between $18.00 and $18.60, from $19 to $20 previously. The company cited "continued weakness and uncertainty in the U.S. industrial economy", so that its "higher-margin business-to-business volumes" have to navigate a "challenging operating environment". Both FedEx and its rival UPS are commonly watched as the pH strips for the chemistry of the global economy, as they are fundamentally involved into a great variety of industries.

Meanwhile, Micron Technology (MU) lost 8% of its market cap the same Friday evening, even though this AI-related provider of memory and storage solutions forecasted its current quarter revenue above Wall Street estimates. The company nominally pointed at still solid demand for its HBM (high-bandwidth memory) chips. Even its robust financial performance of $1.56 per share to beat consensus of $1.44 in the recent three months, on revenue of $8.05 billion against the anticipated $7.91 billion, didn't help Micron stock to rise after its gross margin projections suggested a decrease.

The same day, shares of the footwear giant Nike (NKE) slid to fresh 5-year lows as its inner sales decline expectations almost deleted hopes on its business results' turnaround. The company went that far to warn that its international sales may drop by a double digit percentage in the current quarter due to a cocktail of factors consisting of new tariffs and lower consumer confidence.

If the sharp decline in shares of FedEx and Nike is happening not the first or even not the second time in the recent couple of years, then shares of Micron, which is one of the technology partners in the NVIDIA chain, were flat for the eighth month in a row after a strong correction move last summer, and so the market could well have reacted in a more favourable mood to rather nice quarterly figures from Micron. Leading investment houses like Piper Sandler or Stifel do not fully agree with the bearish assessments of its report by the investing crowd. Almost all analysts are holding Overweight ratings for Micron. However, the overall market sentiment continues to indicate its alertness to any minor weakness in corporate news.

Wall Street S&P 500 broad barometer not only managed to break a four-week losing streak last Friday, but also climbed above 5,725 points for the in the pre-market trading on March 24. The backsliding of stock indicators into positive territory has been slow, but it may have been helped by comments from the U.S. Federal Reserve's chair Jerome Powell as he characterised any possible inflationary effects induced by Trump's trade tariffs policy as being "transitory". Besides, some leaks to the media, quoted by Bloomberg News and Wall Street Journal on the weekend, suggested that Trump’s widely expected April 2 "reciprocal" tariffs announcement could be more targeted than he has initially threatened to expand indiscriminately on both friends and foes. Now a less aggressive approach may reportedly exclude some nations or blocs, as well as specific sectors. In particular, those countries who did not impose extra tariffs on the U.S. recently may be exempted from the levies, under condition if the U.S. has a trade surplus with these countries.

However, further upward developments in the market may still be limited by the technical resistance range between 5,800 and 5,850, at least until the end of the month or by only a partial recovery of most heavily oversold and popular tech companies due to unfavourable corporate reports from a trio of heavyweight stocks.

Shares of FedEx (FDX) plummeted by 6.5% last Friday, after the parcel delivery giant substantially cut its annual guidance. Moreover, the stock price decline initially was double-digit and touched the lower values of June 2023. FedEx dropped its adjusted EPS (earnings per share) projections for 2025 to between $18.00 and $18.60, from $19 to $20 previously. The company cited "continued weakness and uncertainty in the U.S. industrial economy", so that its "higher-margin business-to-business volumes" have to navigate a "challenging operating environment". Both FedEx and its rival UPS are commonly watched as the pH strips for the chemistry of the global economy, as they are fundamentally involved into a great variety of industries.

Meanwhile, Micron Technology (MU) lost 8% of its market cap the same Friday evening, even though this AI-related provider of memory and storage solutions forecasted its current quarter revenue above Wall Street estimates. The company nominally pointed at still solid demand for its HBM (high-bandwidth memory) chips. Even its robust financial performance of $1.56 per share to beat consensus of $1.44 in the recent three months, on revenue of $8.05 billion against the anticipated $7.91 billion, didn't help Micron stock to rise after its gross margin projections suggested a decrease.

The same day, shares of the footwear giant Nike (NKE) slid to fresh 5-year lows as its inner sales decline expectations almost deleted hopes on its business results' turnaround. The company went that far to warn that its international sales may drop by a double digit percentage in the current quarter due to a cocktail of factors consisting of new tariffs and lower consumer confidence.

If the sharp decline in shares of FedEx and Nike is happening not the first or even not the second time in the recent couple of years, then shares of Micron, which is one of the technology partners in the NVIDIA chain, were flat for the eighth month in a row after a strong correction move last summer, and so the market could well have reacted in a more favourable mood to rather nice quarterly figures from Micron. Leading investment houses like Piper Sandler or Stifel do not fully agree with the bearish assessments of its report by the investing crowd. Almost all analysts are holding Overweight ratings for Micron. However, the overall market sentiment continues to indicate its alertness to any minor weakness in corporate news.

Coin 98 (CNE) is up 3.8% to $0.0743, aligning with the broader market as Bitcoin (BTC) gains 2.7% to $87,452. The leading cryptocurrency appears to be positioning itself for a full-scale rally, facing a crucial resistance zone at $89,000–$91,000. A successful breakout above this level could restore Bitcoin’s trajectory towards $150,000–$200,000.

If this bullish scenario unfolds, Coin 98 is likely to benefit, potentially climbing to $0.1000. Sustained momentum and positive market sentiment could push the token even further, targeting an ambitious $0.1500 level.

Ripple (XRP) is up 4.5% to $2.400 this week, outperforming the broader crypto market, where Bitcoin (BTC) is adding 1.8% to $84,164. The token surged to a high of $2.587 on Wednesday following the Federal Reserve’s announcement to slow its balance sheet drawdown to $5 billion per month starting in April. Further support came from Ripple CEO Brad Garlinghouse, who confirmed that the U.S. Securities and Exchange Commission (SEC) has dropped its appeal in the case against the company.

Despite the rally, XRP failed to sustain levels above $2.500, leading to a pullback. From a technical perspective, prices may decline toward the key support at $2.000, though interim support at $2.250 could slow the downturn.

Google shares quickly rebounded by 4.8%, from a local bottom below $160 seen just two days ago to $166.50 at least, after the official announcement of its $32 billion acquisition of Israeli cybersecurity tech Wiz. This once again confirms my concept that Google assets are significantly oversold at any price below $170. By the way, this area around $160 technically corresponded to September 2024 lows, which happily launched the next bullish wave to $200+, which reached these goals in February 2025. If so, another round of a recovery to the key $200 mark is only a matter of time, while the average 12-month estimate for Google from leading Wall Street analyst houses still exceeds $220 per share.

Last year, Google initially offered $23 billion for the 5-year old cloud security unicorn, yet finally negotiators settled the price nearly $9 billion higher. Local journalists just quoted the famous Israeli startup founder Uri Levine that Wiz actually executed its plan, but now under the Google hat. Well, now Wiz can allow Google to leave this hat on, or just to leave formerly their Wiz instead of a hat, after Google became a little bit undressed after paying so much money. So, Gemini, goes over there, turning on the lights, all the lights, coming over here, standing on that chair, and year, that's right. Raise your arms up in the air and... (singing)... you give me reason to live!... Well, that's enough Joe Cocker singing for today. While Israeli media are interested in how it happens that the deal made the unpretentious Wiz founders multibillionaires, with only an estimated $4 billion in taxes flowing into the country's national coffers, markets are more focused on benefits for Google.

Wiz cyber platform with its 1,800 workers, reportedly tailored amazingly well to map and secure any application developers build and run in the cloud, will now join Google’s Cloud business to make it even stronger, but remain independent. Wiz founders' very first business, a cloud security firm Adallom, was sold to Microsoft for $320 million only 10 years ago, but tech specialists are talking about Wiz as if it is a much more perfect creation, which can give Google Cloud an advantage over Microsoft's Azure. Wiz is also going to keep its products available on other cloud platforms, which may generate additional money, now for Google. Many businesses are facing growing network security risks, like sophisticated ransomware, malware and other breaches, so that even the current community of Wiz customers includes more than 40% percent of the Fortune 100 companies, such as Mars, BMW, DocuSign, Plaid and Agoda.

Besides, Google’s Gemini AI assistant, a tool useful in brainstorming and content generation, introduced two new features the same week, named Audio Overview and Canvas, to transform files into engaging podcast-style discussions and to improve document editing and coding. The last feature means adjusting length and formatting of the content to make it more concise, professional or informal etc. With the other hand, Google launches the latest edition of its new smartphone, named Pixel 9a to offer enhanced AI photography capabilities like Best Take, Magic Editor, Magic Eraser, Astrophotography etc, having built-in Gemini and priced at $499. Meanwhile, Google Wallet introduces a secure payment feature for kids.

This is all news from Google's parent company Alphabet over the past few days. It seems that Google has done literally everything possible to break out from under the price pressure created by the EU regulatory crackdown. Right now Google was hit with two charges of breaching landmark EU rules despite threats from Trump to levy extra high tariffs against EU countries if the EU imposes fines on U.S. companies. The Google case is on whether Google "restricts" third parties' app developers from "informing users about offers outside" its app store Google Play, and whether it "favours its associated search services" like Google Flights. As for me, these are essentially stupid stories that can only temporarily put psychological pressure on investors, but will be resolved anyway. New technical solutions will certainly allow the company's shares to surface in a more or less short period of time.