For Iran, conflict with the West is existential, so the incentive to wage a protracted war is extremely high, says a key U.S. stock market participant

"A war for months, if not years": Citadel sees investors' dangerous miscalculation on Iran

Puig Brands SA

The Estee Lauder Companies Inc.

For Spanish Puig securities, today could be the best day in corporate history

Rabanne owner Rabanne's shares rose 15% on the back of a possible deal with Estée Lauder

A growing customer base and a Bank of England license pave the way for the company to compete directly with traditional banks

Fintech Revolut reports record profits for 2025

The Russell 2000 index, a benchmark for small-company stocks, jumped 2.3% at the close of trading on March 23 amid U.S. President Donald Trump's <a href="https://oninvest.com/article/tramp-ob-avil-o-vremennom-prekrasenii-ogna-po-energeticeskoj-infrastrukture-irana">statements</a> about "productive negotiations" with Iran - after a correction on Friday. The iShares Russell 2000 index-oriented exchange-traded fund iShares Russell 2000 <a href="https://finance.yahoo.com/quote/IWM/">added</a> 2.16%. The rally will continue Wednesday and Thursday, after which traders should pause and take short-term profits, <a href="https://www.cnbc.com/2026/03/23/watch-small-cap-stocks-as-market-tries-to-recover-from-last-weeks-declines-says-nyse-insider-jay-woods.html">according to</a> Jay Woods, chief market strategist at Freedom Capital Markets.

The Russell 2000 index soared after a correction. What strategy should investors choose?

Apollo Global Management, Inc.

Tesla, Inc.

Delta Air Lines, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: uncertainty persists

Microsoft Corporation

Taiwan Semiconductor Manufacturing Company Limited

One of them is the many years of close cooperation with Microsoft

Microsoft, Elon Musk and Taiwan: OpenAI warned investors of risks ahead of IPO

Russia is one step away from stagflation, according to the Center for Macroeconomic Analysis and Short-Term Forecasting, an organization that researches the state of the Russian economy. According to the <a href="https://iz.ru/2054885/milana-gadzhieva/zastoi-na-poroge-ekonomika-rf-okazalas-v-odnom-shage-ot-stagfliatcii">researchers</a>, inflation in Russia remains high, while the economy has gone into recession and most civilian industries are stagnating. How fair this assessment is, wrote Natalia Milchakova, lead analyst at Freedom Finance Global.

"The worst of two evils": what brings Russia closer to stagnation 

Morgan Stanley

BlackRock, Inc.

Previously, BlackRock and BlueOwl had applied similar measures

Apollo followed Morgan Stanley in restricting withdrawals from the private credit fund

Meta Platforms, Inc.

Donald Trump has dramatically reduced tensions over war with Iran. OpenAI, which is preparing for an IPO, warned of the risks of dependence on Microsoft, high infrastructure costs (up to $665 billion for computing) and legal threats, including disputes with Elon Musk and users. Meta has stepped up its bet on AI agents, hiring a team from startup Dreamer and integrating it into its Superintelligence Labs division. About these and other topics - in our review of key events by the morning of March 24.

Highlights for this morning: Trump's turnaround, Meta boosts AI race, OpenAI names pre-IPO risks

Market prepares for European and US equities to decline after markets open

Oil has consolidated above $100. US allies may go to war with Iran, says WSJ

EchoStar Corporation

Shares of satellite communications operator EchoStar fell in price at trading on March 23 - the first day after its inclusion in the S&amp;P 500, while the index itself <a href="https://oninvest.com/article/szataa-pruzina-indeksy-ssa-vzleteli-neft-obvalilas-na-24-den-vojny-s-iranom">rose</a> sharply. The company's capitalization has jumped more than 300% over the last year. Its securities remain one of the few public ways to bet on SpaceX before the IPO, writes Barron's. Analysts rate EchoStar's prospects moderately optimistic despite the rally.

The stock, known as a bet on SpaceX, fell on its first day in the S&amp;P 500. Worth buying

Chevron Corporation

Energy markets are not sufficiently accounting for the oil supply shock caused by the war with Iran, said Mike Worth, head of Chevron, one of the world's largest oil companies. Given the scale of supply disruptions and infrastructure damage, Brent futures should trade higher, he warned, speaking at the annual S&amp;P Global CERAWeek conference in Houston, Barron's <a href="https://www.barrons.com/articles/energy-markets-should-be-more-worried-chevrons-ceo-says-f65915b8?mod=RTA">reports</a>.

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