Bitget UEX Daily | Trump Does Not Rule Out Sending Troops to Iran; Iran Closes Strait of Hormuz, Oil Prices Soar; Drone and Space Stocks Rise Collectively (2026/03/03)

I. Hot News

Fed Dynamics

Yellen Says Iran Conflict Makes Fed More Reluctant to Cut Rates

Former Fed Chair Yellen noted that the impact of the Iran conflict on the oil market will determine the extent of economic growth damage and inflation pressure, complicating Fed policy-making.

• Inflation rate is about 1 percentage point above target, with tariff policies contributing nearly 0.5 points; sharp oil price rises may prolong high levels or continue upward.
• Market Impact: Fed's short-term action space narrows, investors lower rate cut expectations, potentially leading to bond yield rebounds and suppressing stock market recovery.

International Commodities

Iran Claims to Block Strait of Hormuz, Oil Prices Hit Largest Gain Since June Last Year

An advisor to Iran's Revolutionary Guard stated that the Strait of Hormuz is closed and will strike any ships attempting passage, while the US denies this and notes no patrols or mining signs.

• UAE and Qatar privately urge allies to convince Trump to limit military actions and seek diplomatic solutions; US Secretary of State says measures to alleviate energy price rises will be announced, with oil and gas facility closures exacerbating shipping disruptions.
• Market Impact: Energy price surges amplify global inflation risks, supporting energy stocks, but prolonged conflict could hit growth expectations and affect supply chains.

Macroeconomic Policies

US Appeals Court Rejects Trump Administration's Tariff Refund Delay Application

The Federal Circuit Court of Appeals denied the Justice Department's request for an additional 90-day buffer, initiating the tariff refund legal process and clearing lower court obstacles.

• Supreme Court has ruled most tariffs invalid, with hundreds of new company lawsuits, totaling over 2,000 cases; refund process expected to take several years.
• Market Impact: Corporate fund returns can ease trade pressures and stimulate investment, but short-term adds administrative uncertainty, potentially intertwining with Iran conflict to impact global trade patterns.

II. Market Review

Commodities & Forex Performance

• Spot Gold: Up 0.6% + to $5,353/oz, five consecutive weekly gains, driven by US-Iran geopolitical tensions and safe-haven sentiment.
• Spot Silver: Up 1.95% + breaking $90 mark, silver-gold ratio tending to repair.
• WTI Crude: Up 0.25% + to $71.4/barrel, driven by geopolitical conflict, largest single-day gain since June last year.
• US Dollar Index: Up 0.02% + to 98.532, supported by safe-haven demand, pressuring emerging market currencies.

Cryptocurrency Performance

• BTC: Up 3.62% + continuous rebound, briefly breaking $70,000 before slight pullback.
• ETH: Up 3.55% + to $2,030.
• Total Crypto Market Cap: Up about 2.7% + to $2.43 trillion, geopolitical tensions boosting safe-haven alternative demand.
• Market Liquidation Situation: Long liquidations $132 million, short liquidations $212 million + total liquidations $344 million.

US Stock Index Performance

• Dow Jones: Down 0.15% + continuous adjustment, dragged by energy inflation concerns.
• S&P 500: Up 0.04% + supported by tech and energy stocks, overall volatility limited.
• Nasdaq: Up 0.36% + driven by AI and defense sectors, offsetting some geopolitical pressures.

Tech Giants Dynamics

• Microsoft (MSFT): Up over 1%, benefiting from AI infrastructure demand.
• Apple (AAPL): Slight up 0.2%, new product launches boosting mid-range market expectations.
• NVIDIA (NVDA): Up nearly 3%, optical communication investments strengthening AI leadership.
• Amazon (AMZN): Down 0.77%, e-commerce sector affected by inflation expectations.
• Google (GOOG): Down 1.68%, search business competition intensifying.
• Meta (META): Up 0.83%, social platform traffic stable.
• Tesla (TSLA): Slight up 0.77%, EV supply chain relatively resilient.

Overall, tech giants showed mixed performance; under Iran conflict, AI and defense-related stocks were favored, while consumer-oriented stocks faced pressure, mainly due to intertwined inflation concerns and geopolitical risks.

Sector Movements Observation

Oil & Gas Exploration and Development Up about 4%

• Representative Stocks: Trio Petroleum up 167%, Battalion Oil up 114%.
• Driving Factors: Iran conflict boosts oil price expectations, stimulating exploration demand.

Cryptocurrency Concept Stocks Up over 5%

• Representative Stocks: Coinbase up over 5%, MARA Holdings up over 5%.
• Driving Factors: Crypto market rebound, safe-haven sentiment shifting to digital assets.

Space Concept Up nearly 6%

• Representative Stocks: AST SpaceMobile up nearly 10%, Northrop Grumman up over 6%.
• Driving Factors: Expected increase in defense orders, geopolitical tensions amplifying satellite demand.

Drone Concept Stocks Up about 5%

• Representative Stocks: Red Cat Holdings up over 17%, Ondas up nearly 6%.
• Driving Factors: Conflict escalation enhancing defense tech application prospects.

Rare Earth Concept Up over 8%

• Representative Stocks: United States Antimony up over 19%, USA Rare Earth up over 10%.
• Driving Factors: Supply chain disruption concerns, highlighting strategic resource importance.

III. In-Depth Stock Analysis

1. NVIDIA - Invests $4 Billion in Strategic Optical Communication Layout

Event Overview: NVIDIA signed multi-year cooperation agreements with Lumentum and Coherent, each investing $2 billion for a total of $4 billion, for advanced optical technology R&D and manufacturing, aiming to accelerate AI infrastructure scaling and support gigawatt-level AI computing factories. CEO Jensen Huang emphasized this will drive silicon photonics breakthroughs, improving AI computing speed and efficiency. Market Interpretation: Institutional views see this investment consolidating NVIDIA's AI dominance; Wall Street analysts raised price targets, expecting over 20% revenue growth, but warn of supply chain dependency risks. Investment Insights: Strong AI demand persists, recommend long-term holding with focus on tech implementation; short-term stock may benefit from defense AI application expansion.

2. Apple - Launches iPhone 17e and New iPad Air Targeting Mid-Range

Event Overview: Apple released the unchanged-priced iPhone 17e (A19 chip, 256GB storage, single camera 60Hz screen) and M4 chip iPad Air (30% performance boost), on sale March 11; fall will launch iPhone 18 series and first foldable iPhone, the latter seen as annual hardware focus, aiming to stabilize market share and explore new growth points. Market Interpretation: Analysts say mid-range positioning helps counter Android competition, but lack of innovation may limit premiums; institutions bullish on foldable potential, expecting 10% revenue increment. Investment Insights: Sales recovery can support stock price, monitor supply chain stability and consumer rebound.

3. AST SpaceMobile - Q4 Revenue Surges Over 27 Times YoY

Event Overview: Q4 revenue reached $54.31 million, up over 2700% from $1.92 million last year; 2025 full-year expected $70.9 million, mainly from mobile operators and government partnerships; net loss expanded to $73.97 million due to increased R&D investments. Market Interpretation: Institutions optimistic on satellite communication prospects; Morgan Stanley upgraded rating, saying conflict environments amplify defense applications, but profitability path needs validation. Investment Insights: Space sector benefits from geopolitical events, high growth potential but volatile, suitable for risk-tolerant investors.

4. MongoDB - Q4 Revenue Up 27%, After-Hours Plunge

Event Overview: FY2026 Q4 revenue $695.1 million, up 27% YoY; subscription revenue $673.1 million, services $22 million; adjusted EPS $1.65, net profit $15.53 million, but conservative guidance sparked concerns. Market Interpretation: Analysts recognize strong growth, but margin declines and macro uncertainties led Wall Street to lower expectations, after-hours stock down nearly 24%. Investment Insights: Cloud database demand steady, suggest waiting for pullback to enter, focus on enterprise digital transformation.

IV. Cryptocurrency Project Dynamics

1. PayPay Plans Nasdaq IPO to Raise $1.1 Billion, Holds 40% Stake in Binance Japan.

2. HyperLiquid Becomes Retail Bear Market Playground, Weekend Trading Activity Surges.

3. Bitmine Increases ETH Holdings to 4.47 Million, Spending $98 Million.

4. Tether and Anchorage Hire Deloitte to Audit USAT Reserves, First Report Released.

5. Strategy Adds 3,015 BTC, Total Holdings Reach 720,000.

V. Today's Market Calendar

Data Release Schedule

Key Events Preview

Institutional Views:

US stocks face short-term pressure from risk aversion triggered by Iran conflict, with Dow and Nasdaq divergence highlighting defensive needs; precious metals gold and silver supported by safe-haven, targeting $5,400 and $92; crude surges above $72 on Strait of Hormuz threats, expecting intensified volatility but limited supply disruption risks; forex USD index strengthens, pressuring EUR and JPY, with safe-haven flows dominating trends. Overall market should watch inflation rebound delaying easing expectations.

Disclaimer: The above content is compiled by AI search and manually verified for publication only, not as any investment advice.