ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D

Today’s Key News Recap

NVDA

09618

89618

00700

80700

TCTZF

TCEHY

HTCD

02423

BEKE

OpenAI

DXYZ

09888

89888

HBUD

BIDU

02525

HSAI

ORCL

HJDD

ORCL-D

0519 | Dolphin Research Focus: 🐬 Macro/Industry 1) Trump announced on social media that, at the request of leaders of Qatar, Saudi Arabia and the UAE, the planned strike on Iran set for the 19th has been postponed. He said the US and Iran are in 'serious talks', while the three Gulf states fear an escalation could hit their own energy infrastructure. He also stressed that US forces remain on alert, warning that if talks collapse, a full-scale offensive would follow.This move keeps a window open for diplomacy while applying military pressure on Tehran. In the near term, it eases risks around Middle East oil prices and shipping, supporting global energy markets and risk appetite. Over the longer run, US-Iran rifts are unlikely to be resolved...

NVIDIA

JD-SW

JD-SWR

JD.com

TENCENT

TENCENT-R

Tencent Holdings Limited

Tencent

Tencent HK SDR 10to1

BEKE-W

Destiny Tech100

BIDU-SW

BIDU-SWR

Baidu HK SDR 10to1

Baidu

HESAI-W

Hesai

Oracle

JD HK SDR 10to1

JD 618 Kicks Off Low-Price Deals; Tencent Speeds Up AI Monetization | Daily News Recap

Appraisal value

CRWV

Per Dolphin Research's prior note on Oracle, our core takeaway is that Oracle is essentially a scaled-up CoreWeave. The bull case hinges on explosive AI compute demand that could lift its compute-rental revenue by 10x or more.The key risk is the mismatch between uncertain AI demand and fixed upfront capex and leverage, which could lead to sizable credit losses if the AI cycle unwinds. Overall, visibility is limited...

SAP AG-Sponsored

Coreweave

ORCL: Big Bet on AI Compute — Are the Odds Good Enough?

09992

KALU

01347

688347

DPSK

QCOM

300274

HPPD

0427 | Dolphin Research Focus: 🐬 Macro/Industry1) Last week, DeepSeek surprise-launched its flagship foundation model DeepSeek-V4 and fully open-sourced it, a key market catalyst. With AI advances as a tailwind, semis extended gains today: the Hong Kong Semiconductor Index jumped 5%+, led by SMIC and Hua Hong Semiconductor.The new model is tuned for domestic compute and pursues a non-CUDA stack, expanding edge-AI use cases and sustaining demand for local chips. Flows continue to pile into themes of self-reliant compute and domestic substitution...

POP MART

Kaiser Aluminum

HUA HONG SEMI

Hua Hong

MediaTek

DeepSeek

Qualcomm

Sungrow Power Supply

POP MART HK SDR 20to1

Coca Cola

SMIC

SMIC HK SDR 5to1

DeepSeek-V4 open-sourced, igniting the AI compute supply chain; Tencent's QClaw rolls out a major update | Daily News Recap

03750

300750

SAIC

00305

HCCD

ASML

0414 | Dolphin Research Focus: 🐬 Macro/Industry 1) At 10:00 a.m. ET on Apr 13, the US military imposed a naval blockade on all Iranian ports. On the same day, Trump said 'appropriate people' from Iran called the US to signal a strong willingness to reach a deal, but core differences remain over Iran's nuclear program (Xinhuanet).Tehran has not confirmed this, and the two sides may resume talks in Pakistan on Apr 16. In the near term, oil is likely to stay choppy at elevated levels, with volatility increasing across energy, shipping and chemicals.2) According to the General Administration of Customs. In Q1, China's goods trade imports and exports reached RMB 11.84tn...

CATL

Science Applications

WULING MOTORS

CATL HK SDR 30to1

Bloom Energy

SAIC Motor

General Motors

SAIC-GM-Wuling teams up with CATL; ORCL inks 2.8GW fuel-cell deal | Daily News Recap

AMZN

GSAT

09988

89988

HBBD

BABA

TSLA

KBAB

BABO

BABX

AMZU

TSDD

Apr 2 | Dolphin Research focus: Stock 1, $Oracle(ORCL.US). Reports suggest Related Digital is advancing approx $16 bn in project financing for Oracle's AI data center build, mainly for hyperscale compute campuses such as 'Stargate'.Oracle's cloud &amp; AI capex plan through 2026 exceeds $50 bn. FCF has turned negative, leaving it reliant on external funding and compute contracts with OpenAI, etc...

Amazon

Globalstar

BABA-W

BABA-WR

Alibaba HK SDR 5to1

Alibaba

Tesla

KraneShares 2x Long BABA Daily ETF

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

Direxion Daily AMZN Bull 2X Shares

GraniteShares 2x Short TSLA Daily ETF

Direxion Auspice Broad COM

Boeing

ORCL mass layoffs; BABA rolls out next-gen Qwen LLM | Daily News Recap

Conference Minutes

GPUS

VERA

PLTR

TMUS

GPUS-D

For detailed commentary, see 'NVIDIA GTC: AI’s Spring Gala — High Hopes or Letdown?'.Below is the full transcript of $NVIDIA(NVDA.US) GTC.Jensen Huang, NVIDIA’s founder and CEO, delivered the keynote at GTC 2026.Key topics included the 20th anniversary of the CUDA platform, the inference inflection and a surge in compute demand, the Vera Rubin system architecture, Groq integration, the OpenClaw agent revolution, and physical AI and robotics. CUDA at 20 and the platform flywheel: CUDA has been around for 20 years...

Hyperscale Data

Vera Therapeutics

Palantir Tech

T-Mobile US

HYPERSCALE DATA INC 13.00%CUM RED PER PREF STK SER D USD25

NVDA (GTC Trans): LPU re-architects AI inference; AI factories aim for space---

Below is Dolphin Research's FY26Q3 earnings call Trans for $Oracle(ORCL.US). For analysis of the print, see 'All-in to survive — did ORCL's AI bet win?'.I. Core info recap1) Financing plan: In Feb, the company announced a plan to raise up to $50bn via debt and equity, and committed not to issue additional bonds in calendar 2026.Within days of the announcement, it raised $30bn through a mix of IG bonds and mandatory convertible preferreds (MCPS), with the book heavily oversubscribed. The ATM equity component has not yet launched...

ORCL (Trans): AI biz. GPM at 32% this quarter

Financial Analysis

As the most debated of the Big Four cloud players, $Oracle(ORCL.US) reported 3QFY26 results (through end-Feb) after hours. Overall, the print was mixed.On the plus side, Oracle Cloud Infrastructure (OCI) — anchored by databases and compute leasing — maintained strong growth and even accelerated. On the flip side, gross margin pressure was worse than expected, while capex and borrowings climbed faster than anticipated.Net-net, the quarter screens neutral with positives offset by negatives. The real after-hours catalyst was management raising its FY27 full-year guidance...

Bet-the-company for survival: Did ORCL's AI bet pay off?---

ORCX

Oracle 3QF26 First Take: Mixed print. OCI-driven acceleration pushed total revenue growth past the 20% mark.The trade-off was faster-than-expected increases in capex and leverage. Cloud &amp; software GPM fell 800bps YoY, with the decline accelerating and worse than market expectations.On cost control, Adj. profit still slightly beat the Street. Net-net, the quarter was broadly neutral.The key highlight was raising FY27 revenue guidance from 85bn to 90bn, while keeping FY26 unchanged.This implies FY27 YoY revenue growth of Approx. 34%, and near-term Q4 guide is largely in-line. In detail: Key points below. 1) Headline revenue appears to slightly beat, but FX tailwinds did most of the lifting.Ex-FX, total revenue grew 18%, matching the top end of prior company guidance and not a true beat. 2) OCI grew 81% YoY in constant currency, a clear acceleration vs. 66% in Q2.That said, it was fully in line with sell-side expectations, so not an upside surprise. (A few top brokers were lower pre-print.) 3) Software &amp; cloud GPM fell 800bps YoY, widening from 590bps in Q2.Dragged by this, company-level GPM came in 250bps below the Street.This implies OCI AI margins in the ramp phase are weaker than expected, a negative signal. 4) Capex reached 18.6bn, up sharply from 12.0bn in Q2 and above market expectations.The company also disclosed new financing of 2.5bn in debt and 0.5bn in preferreds.Per guidance, FY26 Q4 capex should ease to around 11.0bn. 5) RPO rose QoQ by Approx. 29bn.Since the mega deal announced in Q1, new additions have slowed over the past two quarters, a bit of a lull.There has been no recent news of fresh large deals. 6) Q4 guidance upper bounds are near or slightly above current sell-side estimates, so overall in-line.The main surprise is the FY27 revenue uplift, implying execution vs. the previously disclosed long-term plan to FY30 may be ahead of schedule. $Oracle(ORCL.US) $Defiance Daily Target 2X Long ORCL ETF(ORCX.US)

Defiance Daily Target 2X Long ORCL ETF

09866

NVDL

07788

07388

0310 | Dolphin Research Focus: 🐬 Macro/Industry1) On Mar 9 (local time), Trump said US military action against Iran would end 'very soon' but not this week. He also indicated the US would ease some oil-related sanctions to cool prices, while warning of tougher strikes if Iran blocks the strait.The remarks briefly soothed energy and financial markets, capping near-term upside in crude. They tempered expectations for a sharp oil spike in the short run.However, the conflict continues and Tehran has issued a hard-line response. Geopolitical risk has not cleared...

Taiwan Semiconductor

NIO-SW

NIO Inc. USD OV

NIO Inc

GraniteShares 2x Long NVDA Daily ETF

XL2CSOPNVDA

XI2CSOPNVDA

TSM Feb revenue down MoM; Alibaba Qwen management reshuffle finalized | Daily News Recap

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Oracle Corp Depositary SH REP 1/2000TH PFD SER D released FY2026 9 Months earnings on March 11 EST, actual revenue USD 48.17 B, actual EPS USD 0.73

ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D released FY2025 9 Months earnings on March 11 (EST), actual revenue USD 41.5 B, actual EPS USD 0.525

InMed Pharmaceuticals

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Amesite

CN Energy

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

NextNRG

Meiwu Tech

Generation Income Properties

MetaVia

OceanPal

1/Jensen confirmed it. Vera CPUs are now at Anthropic, OpenAI, SpaceX, and Oracle. 🤖This is Nvidia's second data center CPU. First was Grace (2021). Vera is purpose-built for one thing: agentic AI.2/Grace = general HPC. Vera = orchestration layer for AI agents.When Claude or GPT-4o runs a multi-step autonomous task, the GPU handles inference. The CPU handles the decision logic, tool calls, memory retrieval, loop control. That's Vera's job. 💻3/Why those four customers first?Anthropic + OpenAI: production agentic systems already running at scale.SpaceX: Starlink's autonomous ground network needs exactly this kind of CPU.Oracle: cloud infrastructure partner, early deployment makes sense.4/Jensen also said China will &#34;gradually open.&#34; No timeline.But Vera going to the top four AI labs while China sits out the H200 trade tells you where Nvidia's near-term growth is coming from. It's not China. It's every other AI lab on the planet. 🇺🇸Watch Nvidia's Q3 earnings. Vera attach rate in data center revenue is the new number to track.

Grace

Alphabet - C

Alphabet

NVIDIA Corporation

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$Oracle(ORCL.US) Oracle is receiving support from Wedbush amid discussions on its AI investments. Wedbush believes Oracle is positioning itself well for the AI cycle&#39;s next phase, emphasizing the importance of infrastructure and data access. They argue that Oracle&#39;s capital spending is justified by visible demand and customer commitments, with a capex-to-remaining performance obligation ratio of 9%, significantly lower than the peer average of 33.6%. Oracle could still be a long term potential, but investors are obviously still cautious of the valuation. @Bridge Buzz SG

I am still bullish about banks. The 3 local banks have strong balance sheets and are reliable payers of dividends.

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SIA Engineering

Western Digital

Micron Tech

GitLab

C3.AI

Salesforce

MongoDB

YOFC

Genting Sing

NTT DC REIT USD

Valuetronics

United Hampshire Reit USD

PRIME US REIT USD

JMH USD

OCBC Bank

☕️ [Task Coins Giveaway] Daily Market Talk

Jardine Matheson

DBS Group

Eh which storage stocks you referring to leh, Micron or got other picks?

Fair_Lemon5303

Buy storage dip on strong HBM/SSD demand. AI capex re-accelerating, not peaking. Long SG utilities &amp; palm-oil for energy security; hedge with banks.

JMay

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High oil prices have led to high inflationary cost pressure across all sectors, affecting businesses and industrials. Defensive strategies are also at all time high valuations, which had already being position taken earlier, so be cautiously investing during this tough times.

This market is either really bullish or are trapping the bulls. With prices so elevated and the charts looking so parabolic, I am being extra cautious. Still being defensive.

Indonesia can be the regional powerhouse of sustainable renewable energy (geothermal, hydro, solar). Singapore with a growing energy need is proactive to tap into this and grow it together with Indonesia.

ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D(ORCL-D.US)

JD 618 Kicks Off Low-Price Deals; Tencent Speeds Up AI Monetization | Daily News Recap

ORCL: Big Bet on AI Compute — Are the Odds Good Enough?

DeepSeek-V4 open-sourced, igniting the AI compute supply chain; Tencent's QClaw rolls out a major update | Daily News Recap

SAIC-GM-Wuling teams up with CATL; ORCL inks 2.8GW fuel-cell deal | Daily News Recap

ORCL mass layoffs; BABA rolls out next-gen Qwen LLM | Daily News Recap