The pace and profitability of NVIDIA Corporation’s Blackwell ramp are the main topics of discussion among investors as the company prepares for fiscal Q4 2026 earnings with skyrocketing Data Center expectations.

Software Stocks Show Signs of Sentiment Bottom

Monday’s sharp selloff in software stocks carried many of the hallmarks of capitulation. The rout appeared driven by panic, with investors seemingly attempting to exit positions at any price. Such indiscriminate selling often signals extreme negative sentiment, potentially marking a short-term bottom.

Yesterday’s rebound added weight to that view. A presentation hosted by Anthropic highlighted its ecosystem of partners, including several software companies that had been among the most heavily beaten-down names over the past month. The renewed attention helped spark meaningful recoveries across parts of the sector. (FX Leaders – Continue Reading)

OPEC+ is likely to consider raising its oil output by 137,000 barrels per day for April, three sources with knowledge of OPEC+ thinking said as the group prepares for peak summer demand and a price boost from tensions between the U.S. and OPEC member Iran.

The resumption of output increases after a three-month pause would allow OPEC leader Saudi Arabia and members such as the UAE to regain market share at a time when other OPEC+ members, such as Russia and Iran, contend with Western sanctions while Kazakhstan recovers from a series of oil production setbacks. (Reuters – Continue Reading)

Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any U.S. strike on Iran disrupts supplies from the Middle East, two sources familiar with the plan said on Wednesday.

The Saudi government media office did not immediately respond to a request for comment on the plan. (Reuters – Continue Reading)

UK Business and Trade Secretary Peter Kyle is meeting European Commission officials on Wednesday and Thursday to push for closer EU-UK ties – and argue that any European Preference scheme should include London.

After its failure to strike a deal to tap into the EU's defence for loan scheme, the UK is now on a charm offensive to secure "Made in Europe" access for its industry.

UK Business and Trade Secretary Peter Kyle is in Brussels on Wednesday and Thursday to press the case for UK involvement in the European preference scheme the Commission is drafting, as speculation circulates that it will be limited to EU countries only.

"We have a shared challenge on the continent of Europe about economic security," Kyle told journalists after meeting Commission Vice President Teresa Ribera, adding that "the continent of Europe should come together" to build "resilience" at a time of increasing worldwide economic tensions. (Euronews – Continue Reading)