NVIDIA Corporation

SK hynix Inc.

Samsung Electronics Co., Ltd.

Alibaba Group Holding Limited

Brent crude oil prices jumped 3.8% amid continued uncertainty surrounding the US-led coalition to secure shipping in the Strait of Hormuz. Asia-Pacific markets rose on Tuesday, March 17, thanks in part to momentum from new Nvidia forecasts and partnerships. OpenAI is preparing a U-turn on code and business products. These and other topics are in our roundup of key events for the morning of March 17.

Morning Highlights: Brent back above $100, OpenAI changes strategy, Nvidia helped markets

Despite orders from Apple and Tesla, Samsung's contract business has generated multimillion-dollar losses in recent years

End of losses: Samsung shares jump on Nvidia CEO's words on new AI chips

If the meeting is postponed, it could signal to investors that the war will drag on longer than expected

Trump asked to postpone meeting with Xi Jinping over war. How does this threaten stocks?

Traders do not expect monetary policy easing at the next Fed meeting

Trump demanded the Fed have a "special meeting" to cut rates "right now"

Protracted US-Iran conflict could push Brent price to a "dizzying" $130 a barrel, says BofA

BofA and Standard Chartered raise Brent price forecast for 2026 because of war

Meta Platforms, Inc.

All four major U.S. stock indices rose in trading on March 16 on the back of falling oil prices. The international benchmark Brent fell below $100 per barrel, losing more than 3% in price. Investors are cautiously hoping for the resumption of shipping in the Strait of Hormuz, which is key to oil exports from the Persian Gulf, and are also waiting for the arrival of raw materials from strategic reserves on the market.

Brent oil cheaper than $100, S&amp;P 500 up 1%, fear index down: results of the 17th day of the war

The figure does not suggest a "stunning" acceleration in sales growth, according to Bloomberg

Nvidia predicted $1 trillion in AI chip revenue through 2027. The stock jumped briefly

The dollar on Monday, March 16, is declining at the fastest pace in more than a month, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-03-16/dollar-heads-for-worst-day-in-over-a-month-as-oil-prices-decline?srnd=phx-markets">writes</a>. Expectations of the resumption of shipping through the Strait of Hormuz, which is key to oil supplies, led to a <a href="https://oninvest.com/article/stoimost-brent-opustilas-nize-100-za-barrel-wti-desevela-na-6">fall in oil prices</a> and weakened demand for the U.S. currency.

Dollar falls at record pace since February on expectations of renewed oil supplies

"Wall Street's Fear Index has fallen to its lowest level in nearly a week

The cost of Brent fell below $100 per barrel. WTI cheapened by 6%

Ferrari N.V.

Hermes International Societe en commandite par actions

Burberry Group plc

Investor sentiment towards shares of European luxury goods manufacturers is now the most pessimistic for several years, analysts at UBS, Switzerland's largest bank, have warned. According to their calculations, the war in the Middle East may postpone the long-awaited recovery in demand.

Investor pessimism toward luxury stocks has reached a multi-year high

Micron Technology, Inc.

The company has finalized a deal to buy a plant in Taiwan, but even this expansion of its capacity may not be enough to cover the increased demand for memory chips, Barron's writes

Micron shares jump 5% - chipmaker increases its capacity by nearly 20%

TPG Inc.

Brookfield Asset Management Ltd.

Reuters' interlocutors name TPG, Advent International, Bain Capital and Brookfield among the AI company's partners