• The U.S. market advanced 1.7% over the past seven days, continuing its strong performance with a 34% gain over the past year.
• Earnings are projected to grow by 16% annually, reflecting broad-based economic expansion across sectors.
• The sustained market strength indicates investor confidence in corporate profitability and economic fundamentals heading into late April.
• TTM Technologies achieved a 214.4% increase in earnings over the past year, substantially exceeding the electronic industry average of 15.7%.
• The company's exceptional performance reflects strong execution and market demand within the technology sector.
• TTM's growth trajectory positions it among elite performers in the high-growth tech space.
Jim Taiclet spoke in earnings call as company expands contracts with the US government amid the Iran warLockheed Martin’s CEO has called the Trump administration a “golden opportunity” for the company as it expands its contracting work for the federal government amid the conflict in the Middle East.In an earnings call on Thursday covering the first quarter of 2026, Lockheed Martin CEO Jim Taiclet told investors that the company is well positioned “based on more available resources for us”. Continue reading...
ONS data for three months to February is not expected to alter Bank of England’s decision on interest ratesUnemployment in the UK unexpectedly fell in the three months to February, according to official figures – but the fallout from the conflict in the Middle East is expected to cause a rise in job cuts.The Office for National Statistics (ONS) said that the rate of unemployment was 4.9% in the three months to February. This compares with 5.2% in the three months to January, a rate that economists had expected to also see in February. Continue reading...
• Global private markets platform Moonfare announced a new AI-focused technology strategy targeting early and growth-stage investments for diversified US-relevant AI exposure.
• Strategy features curated portfolio of leading growth managers plus direct investments in category-leading US technology companies driving AI innovation.
• Aims to capitalize on transformative AI advancements, providing investors access to high-potential startups in the booming sector.
• Cerebras Systems, developer of the wafer-size WSE-3 AI chip, filed to go public on April 17, 2026, amid accelerating revenue.
• The company secured a $125 million revolving credit facility from Morgan Stanley, expandable to $850 million post-IPO, plus a $1 billion loan from OpenAI.
• This IPO positions Cerebras to capitalize on surging demand for specialized AI hardware in US data centers and enterprises.
• IMF lowered its 2026 global growth forecast to 3.1% from 3.3% due to US-Iran conflict impacts.
• The cut assumes contained conflict with 19% energy price rise, but escalation could drop growth to 2%.
• 2027 outlook held at 3.2%, with effects expected to ease by mid-2026.
ONS figure for February suggests economy was gaining momentum before conflict stoked inflation with soaring energy pricesThe UK economy unexpectedly expanded by 0.5% in February, before the war in the Middle East dashed hopes of an uptick in growth this year, official figures show.The unusually large increase reported by the Office for National Statistics, suggests the economy had gained momentum before the conflict began. Economists had forecast just a 0.1% expansion. Continue reading...
• Amazon posted stronger-than-expected Q1 2026 earnings Wednesday, with net income reaching $8.3 billion and revenue climbing 18% year-over-year to $147 billion, driven by robust AWS cloud services demand.
• AWS revenue grew 22% annually to $28.4 billion, outpacing analyst expectations and demonstrating the resilience of enterprise cloud spending despite macroeconomic uncertainties.
• Management raised full-year 2026 revenue guidance to $625 billion, representing 14% growth, citing continued momentum in cloud computing and advertising as key tailwinds for sustained profitability.
• Pfizer and Merck announced the end of merger discussions Thursday after two months of negotiations, citing differing strategic visions and regulatory complexities that would have prolonged deal closure beyond acceptable timelines.
• Combined company valuations, patent portfolios, and integration challenges proved insurmountable, with sources indicating antitrust concerns from the Department of Justice would have required substantial asset divestitures.
• Both pharmaceutical giants pledged to pursue independent research and development pipelines, with Pfizer increasing R&D spending by 8% and Merck announcing targeted acquisitions in oncology and immunology sectors.
• Salim Ismail of Moonshots warns that the 'AI comet has struck,' with AI capabilities doubling every 8-10 weeks and technology costs collapsing.
• This rapid shift is reshaping innovation, workforce dynamics, and business survival in the US tech sector.
• Ismail predicts most organizations won't survive without adapting to AI-driven disruption.
• Taiwanese electronics manufacturer Foxconn reported strong first-quarter revenue growth, yet issued a cautious outlook for future quarters citing escalating geopolitical tensions as a primary risk factor.
• The company's performance reflects broader concerns among multinational corporations about supply chain disruptions and market volatility stemming from the Iran conflict and US-China relations.
• Fiber AI, founded in November 2022, leads AI startups with 720 monthly searches and +4400% growth rate as of April 1, 2026.
• The company's rapid rise highlights surging interest in AI solutions among US investors and developers.
• It outpaces 1027 emerging AI firms, signaling robust market demand for innovative tools.
• West Virginia lawmakers completed 306 bills (153 House, 153 Senate) out of 2,777 introduced in the 2026 session, with Senate Bill 1 launching the First Small Business Growth Act via Commerce Department incentives.
• Senate Bill 104 grants $5,000 salary increases to all state mine inspectors effective July 1, 2026, covering electrical, underground, and surface specialists.
• Additional measures include Senate Bill 44 regulating cottage foods and Senate Bill 137 raising second-degree murder sentences to 15-60 years with 15-year parole minimum.
• Amazon reported Q1 revenue of $178.4 billion, exceeding analyst expectations by 6%, with AWS (Amazon Web Services) cloud division generating $27.8 billion in revenue and posting 31% year-over-year growth.
• Net income reached $5.1 billion, representing a 47% increase versus the year-ago quarter, driven by operational efficiencies and robust demand for cloud infrastructure supporting AI applications.
• The company raised full-year revenue guidance to $760-775 billion, the upper end of which implies acceleration in growth rates, reinforcing Amazon's position as a primary beneficiary of enterprise AI spending and consumer e-commerce resilience.
• Meta Platforms reported Q1 revenue of $39.1 billion, growing 27% year-over-year and substantially exceeding Wall Street consensus estimates, driven by robust advertising demand and improved cost management.
• Average revenue per user (ARPU) in the United States increased 18% year-over-year to $54.62, reflecting higher-value ad inventory and refined targeting capabilities powered by artificial intelligence.
• The company guided Q2 revenue at $37-39.5 billion, cautioning of seasonal moderation, though full-year guidance remains constructive and suggests sustained advertiser confidence despite macro uncertainty.
• Waymo achieved skyrocketing ridership in its autonomous ride-hailing service, as charted in recent data highlighted March 31, 2026.
• Expansion in US cities drives surge, with millions of miles logged safely.
• This breakthrough validates robotaxi scalability amid regulatory progress.
• Rezolve AI announced 543% growth in the second half of 2025, raising its 2026 revenue guidance to $360 million on March 30, 2026.
• The company delivered strong financial results, highlighting accelerated adoption of its AI platform in enterprise commerce.
• This milestone underscores investor confidence in AI-driven marketing tech amid a structural shift in the martech landscape.
Washington-based fund says rising energy and food costs will hit economies worldwide and could leave lasting scarsThe International Monetary Fund has warned that “all roads lead to higher prices and slower growth worldwide” should the conflict in the Middle East continue to throttle the amount of oil, gas and fertiliser making its way out of the Gulf.In a stark message that countries on all continents will be affected, the Washington-based organisation said a rise in energy and food costs would harm economic growth this year and could leave lasting scars on the global economy. Continue reading...
• Waymo's autonomous vehicle service is experiencing explosive growth, with weekly paid robotaxi trips increasing tenfold in under two years.
• The surge signals a significant shift toward autonomous vehicles dominating the transportation industry, though regulatory hurdles and safety concerns remain pressing challenges.
• The growth demonstrates market viability of driverless technology while raising questions about infrastructure readiness and public acceptance.
OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflationGet our breaking news email, free app or daily news podcastThe world economy is on the brink of a major inflationary spike as soaring fuel prices threaten growth in European and Asian nations, the OECD has warned, and local economists are slashing Australia’s growth prospects for this year and the next amid the ongoing US-Israel attack on Iran.The Organisation for Economic Cooperation and Development’s latest interim outlook said the US-Israel war on Iran will “test the resilience of the global economy”, and warned of the “significant downside risk” to their forecasts should the oil supply disruptions prove more persistent and push energy prices even higher. Continue reading...
• The US Composite PMI dropped to 51.4 in March 2026, marking its lowest level since April 2025 and indicating slowing economic growth across the board.
• Business activity hit an 11-month low driven by softened orders and price surges, with the services sector leading the slowdown while manufacturing remained more resilient.
• Employment fell for the first time in over a year amid weakening confidence, while sharp input cost rises pushed selling prices higher across the economy.
• CompTIA's State of the Tech Workforce 2026 report, released March 24, predicts net U.S. tech employment growth of 1.9%, creating 185,499 new jobs to reach nearly 9.8 million workers.
• Texas leads with 32,238 jobs added, followed by California (16,949), Florida (14,453), and New York (13,566); all states expect gains.
• High-growth roles include data scientists (420% over 10 years), cybersecurity analysts (346%), and software developers (188%), driven by AI impact.
• Forrester Research forecasts global technology spending will grow 7.8% in 2026 to $5.6 trillion, up from $5.2 trillion in 2025, driven primarily by continued AI investment across defense, financial services, healthcare, industry, and retail sectors.
• Computer equipment will see the highest growth at 16.8% due to rising AI server demand, with AI-specialized computers expected to capture more than 80% of computer equipment spending by 2030, up from 43% in 2024.
• Financial services and healthcare sectors will see robust technology spending in 2026, driven by investments in cybersecurity, cloud infrastructure, AI, data storage, and AI literacy training despite broader economic volatility.
Rolling coverage of the latest economic and financial newsUK wage growth slows sharply as unemployment holds steadyFed holds interest rates steady as Iran war drives up oil prices and inflation fearsMiddle East crisis live: Trump threatens to ‘blow up’ entire South Pars gasfield if Iran strikes QatarUK wage growth has slowed to a five-year low, in a worrying sign for workers as the Middle East crisis pushes up energy costs.Average pay (excluding bonuses) rose by 3.8% in the three months to January, down from 4.1% in October-December 2025, the Office for National Statistics reports.“With unemployment staying steady at 5.2% and a rare gain in payrolls employment, this report paints a mildly more positive picture of the labour market. And with wage growth softer again, in normal times this would have been a relatively reassuring report for the Bank of England.But the report feels stale in light of the Iran conflict, and the inflation risks stemming from the large spike in energy prices. So while today’s Bank of England meeting had once looked like the likely point of the next rate cut, instead policy is set to be kept on hold today as policymakers give themselves more time to see how the conflict plays out. Continue reading...
ONS data for three months to January is unlikely to convince Bank of England to cut interest ratesBusiness live – latest updatesWage growth slowed sharply in the three months to January according to the latest snapshot of the jobs market from the Office for National Statistics.Average earnings fell to 3.8% in the three months to January, from 4.2%, which was a larger fall than forecast by City economists. It was the slowest rate of wage growth in more than five years. Continue reading...
Rolling coverage of the latest economic and financial newsThe number of people in England and Wales falling into insolvency has jumped.There were 11,609 individual insolvencies registered in England and Wales in February, the Insolvency Service has reported this morning. This was 18% higher than in February 2025 and 6% higher than in January 2026.The individual insolvencies consisted of 768 bankruptcies, 4,210 debt relief orders (DROs) and 6,631 individual voluntary arrangements (IVAs). The number of DROs in February 2026 was a record high in the monthly time series going back to their introduction in 2009, exceeding the previous high of 4,185 in August 2025.The number of IVAs was higher than both January 2026 and the 2025 monthly average. Bankruptcies were 25% higher than in February 2025, although numbers were affected by the clearing of a backlog following the Insolvency Service moving to a new case management system.Average 2-year fix has risen from 4.83% at the start of March to 5.28% today. It’s highest since April 2025.Average 5-year fix has risen from 4.95% at the start of March to 5.32% today. It’s highest since February 2025.“War in the Middle East has added almost £800 to a typical annual mortgage bill in just two weeks, which will be unwelcome news for anyone currently seeking a fixed rate deal.“The average two-year fixed rate has jumped from 4.83% at the start of March to 5.28% today – its highest level since April 2025. The average five-year fix has risen from 4.95% to 5.32%, now at its highest since February 2025. For a borrower with a £250,000 mortgage over 25 years, that equates to paying £788 more per year on a two-year fix, or £651 more on a five-year deal compared to just a fortnight ago. Continue reading...
• The North American family medicine services market, valued at $187 billion in 2025, is projected to reach $241 billion by 2030, growing at a 5% CAGR.
• Growth drivers include expanding health insurance, rising chronic disease prevalence, demand for preventive and primary care, telehealth adoption, and integrated U.S.-Canada systems.
• Preventive care segment expected to expand by $80 billion, chronic disease management by $43 billion, acute care by $16 billion, and others by $8 billion from 2025-2030.
Nvidia shares retreated to around $88 on March 13, 2026, from peaks near $97, even as the company showcased strong quarterly growth potential. Traders noted hits to high-growth names amid broader S&P 500 and Nasdaq declines of 0.5-0.67%. The pullback reflects risk-off sentiment from oil surges rather than company-specific issues. Investors eye upcoming catalysts like AI chip demand for rebound potential.
The US economy grew at a revised 0.7% annualized rate in the October-December 2025 quarter, down from prior estimates, due to impacts from a 43-day government shutdown last fall. This downgrade reflects weaker-than-expected final demand and drags on business investment. Amid current oil shocks, the data heightens stagflation risks, complicating Federal Reserve policy. Economists anticipate upward revisions in Q1 2026 figures depending on energy price trajectories.