Bitget UEX Daily Report | Trump claims actions against Iran are about to end; Iran fires on merchant ships causing oil prices to soar; Oracle's earnings report is impressive, stock price surges (March 12, 2026)

# 1. Hot News

Federal Reserve Dynamics

US February CPI data meets expectations, core CPI year-on-year drops to a five-year low

• US February CPI rose 2.4% year-on-year, unchanged from last month and in line with market expectations, while core CPI rose 2.5% year-on-year also meeting expectations.
• The core index, excluding food and energy, shows inflationary pressures easing, with a month-on-month increase stabilizing around 0.3%.
• This data strengthens expectations for a Federal Reserve rate cut, but if Middle East conflicts drive up energy prices, it may delay the pace of policy easing, potentially increasing volatility in US stocks in the short term.

International Commodities

IEA member countries release 400 million barrels of oil reserves, the largest scale in history

• 32 member countries agreed to release 400 million barrels of emergency reserves to address oil supply disruptions caused by Middle East conflicts, marking the sixth coordinated action by the IEA.
• The US released 172 million barrels, with Japan and other countries following suit, covering about four days of global oil demand.
• This move aims to alleviate the pressure of soaring oil prices, but if the conflict continues, the risk of supply disruption remains high, testing the stability of the global energy market.

Iran fires warning shots at merchant ships, oil prices soar to $200/barrel

• Iranian military attacks merchant ships in the Gulf, with the Revolutionary Guard stating it targets non-compliant vessels, causing chaos in international shipping.
• WTI crude oil surpassed $94/barrel, and Brent exceeded $98/barrel, with daily increases over 8%.
• The war has resulted in approximately 2,000 deaths, and shipping in the Strait of Hormuz is nearly stagnant, with rising oil prices potentially exacerbating global inflation and hindering economic growth.

Macroeconomic Policy

Trump claims military actions against Iran are nearing an end

• Trump stated that targets within Iran are nearly exhausted, and US actions against Iran are about to conclude, but US officials claim there are no orders to stop, and actions have no time limit.
• The Iranian president proposed three conditions to end the war: recognition of Iran's rights, compensation for war losses, and international guarantees against invasion.
• In the first six days of conflict, the US military spent over $11.3 billion, and signs of easing geopolitical risks may boost market sentiment, but uncertainty remains.

US initiates 301 investigation against 16 trading partners

• An investigation into industrial overcapacity has been launched against 16 partners, including the EU, India, Japan, and South Korea, aimed at imposing tariff pressure.
• Another planned investigation will cover the import of goods made with forced labor, affecting at least 60 countries, with potential future expansions into areas like digital taxes and drug pricing.
• This move may reignite trade frictions, impacting the stability of global supply chains, and the market needs to be wary of volatility from supply chain restructuring.

US regulators plan to relax bank capital requirements

• New capital requirements are proposed to encourage credit issuance, including a revised Basel III, allowing mid-sized banks to calculate capital using standardized methods.
• Federal Reserve Vice Chair Bowman stated the revised version will be launched by the end of March.
• This policy aims to stimulate economic growth but must balance financial stability risks, potentially benefiting bank stock performance.

# 2. Market Review

Commodity & Forex Performance

• Spot Gold: Closed at $5159.38/ounce, down 0.39%, retreating for two consecutive days, influenced by a stronger dollar and a recovery in risk sentiment.
• Spot Silver: Closed at $85.47/ounce, down 0.08%, with small fluctuations, supported by industrial demand but pressured by cooling inflation expectations.
• WTI Crude Oil: Closed at $93.48/barrel, up 7.14%, driven by concerns over Iranian attacks on merchant ships and supply disruptions.
• Brent Crude Oil: Closed at $99.01/barrel, up 6.46%, with escalating Middle East conflicts pushing up geopolitical premiums.
• US Dollar Index: Closed at 99.41, up 0.14%, supported by safe-haven demand and soaring oil prices.

Cryptocurrency Performance

• BTC: Up 0.37% in 24H, currently around $70,222, with funds returning amid signs of easing Middle East tensions; analysts say it has passed the oil price volatility stress test.
• ETH: Up 1.07% in 24H, currently around $2,055.
• Total Cryptocurrency Market Cap: Up 0.3% in 24H, total market cap at $2.47 trillion.
• Market Liquidation Situation: Total liquidation amount in 24H is $177 million, with long positions liquidated at $74 million and short positions at $102 million.

• Bitget BTC/USDT Liquidation Map:

  The cumulative liquidation amount for shorts above the current price of $70,190 is as high as $632.55 million, far exceeding the cumulative liquidation of longs below at $32.53 million. If the price rises, it may trigger large-scale short squeezes. Leverage clusters, especially at 50x and 100x, are mainly concentrated at key price levels such as $71,000-$72,000 and $73,000-$74,000, which may amplify volatility and cascading liquidation effects. Meanwhile, Bitget's current BTC long-short ratio is about 48.54% long / 51.46% short, indicating slight bearish sentiment supporting potential upward squeeze risks.

• Spot ETF Net Inflow/Outflow: On March 10, BTC spot ETF net inflow was $246 million; ETH spot ETF net inflow was $12.6 million.

• BTC spot inflow/outflow: Yesterday, BTC spot inflow was $2.721 billion, outflow was $2.644 billion, with a net inflow of about $77 million.

US Stock Index Performance

• Dow Jones: Down 0.61% to 47,417.27 points, declining for two consecutive days, dragged down by geopolitical conflicts and rising oil prices affecting the energy sector.
• S&P 500: Down 0.08% to 6,775.80 points, with limited fluctuations, supported by tech stocks but overall under pressure.
• Nasdaq: Up 0.08% to 22,716.13 points, driven by storage and AI concept stocks, with the tech sector leading the rebound.

Tech Giants Dynamics

• NVIDIA: Up 0.68% to about $186.03, supported by strong demand for AI chips.
• Apple: Down 0.01% to about $260.8, with a bland product cycle affecting performance.
• Google: Up 0.54% to about $308.7, boosted by growth in cloud business.
• Microsoft: Down 0.22% to about $404.88, with slight adjustments amid market volatility.
• Amazon: Down 0.78% to about $212.65, pressured by intensified retail competition.
• Meta: Up 0.12% to about $654.86, with new AI chip development being a positive factor.
• Tesla: Up 2.15% to $407.82, driven by better-than-expected sales data from China.

Tech giants showed mixed performance, mainly influenced by AI and geopolitical factors, with Oracle's earnings report exceeding expectations being a highlight.

Sector Movement Observation

Oil and Gas Sector rose about 3%

• Representative stocks: Occidental Petroleum up 4.63%, Chevron up 2.95%.
• Driving factors: Iranian attacks on merchant ships pushing up oil prices, concerns over supply disruptions stimulating energy stocks upward.

Storage Concept Sector rose about 3%

• Representative stocks: Micron Technology up 3.86%, SanDisk up 5.9%.
• Driving factors: Growth in AI computing demand, optimistic expectations for the supply chain supporting.

Gold Stocks Sector fell about 2%

• Representative stocks: Harmony Gold down 10.98%, Newmont Mining down 2.26%.
• Driving factors: Strong dollar and improved risk sentiment weakening safe-haven demand.

# 3. In-Depth Stock Analysis

1. Oracle - Earnings Exceed Expectations, AI Orders Surge

Event Overview: Oracle reported Q3 revenue of $17.2 billion for FY2026, a year-on-year increase of 22%, exceeding expectations of $16.9 billion; adjusted EPS of $1.79 far surpassed the expected $1.23. Remaining performance obligations reached $55.3 billion, a year-on-year increase of 325%, mainly from large-scale AI contracts. No additional financing is needed to support contracts, as clients prepay or self-supply GPUs. Market Interpretation: Institutions believe AI demand drives the growth engine, and the surge in remaining obligations reflects strong long-term orders. Goldman Sachs raised the target price to $180, maintaining a buy rating. Investment Insight: In the wave of AI, cloud computing giants benefit significantly, and short-term stock prices may continue to be strong.

2. Tesla - February Sales in China Soar 91%

Event Overview: Tesla's electric vehicle sales in China reached 58,600 units in February, a year-on-year increase of 91%, marking four consecutive months of growth; although down 15.2% month-on-month, the low base effect offsets seasonal impacts. Deliveries of Model 3/Y from the Shanghai factory cover the export market. Market Interpretation: Morgan Stanley stated that sales exceeding expectations boost the outlook for the year, raising the target price to $450, emphasizing the importance of recovery in the Chinese market. Investment Insight: The recovery in electric vehicle demand benefits the supply chain, and attention should be paid to export dynamics to avoid trade risks.

3. Meta - Advancing MTIA Chip Roadmap

Event Overview: Meta is developing four new AI chips to support GenAI and content ranking; MTIA 300 has been put into production, while 400/450/500 will be launched by 2027, enhancing application efficiency. Market Interpretation: Citigroup analysts are optimistic about self-developed chips reducing dependency, raising the target price to $600, stating it enhances competitive advantages. Investment Insight: Investment in AI infrastructure is accelerating, and platform companies have significant long-term growth potential.

4. Hims & Hers Health - Collaboration with Novo Nordisk to Sell Weight Loss Drugs

Event Overview: Hims poached a public relations executive from Eli Lilly and partnered with Novo Nordisk to sell obesity drugs on its platform, rising 64% this week. Market Interpretation: Institutions view this as an entry into the branded drug market, raising the target price to $30, expecting revenue diversification. Investment Insight: The integration of health technology and pharmaceuticals may boost valuations in the short term.

# 4. Cryptocurrency Project Dynamics

1. Bitcoin treasury-listed company Strive announced a 25 basis point increase in its SATA preferred stock dividend to 12.75%, narrowing the price range from $95-105 to $99-101. The company increased its Bitcoin holdings to 13,311 (previously disclosed data in January was 13,131.82 Bitcoin) and purchased $50 million of Strategy perpetual preferred stock STRC (current yield is 11.5%).

2. Bloomberg Intelligence senior commodity strategist Mike McGlone reiterated his bearish view that Bitcoin could fall below $10,000, believing the crypto market is still in a macro-driven long-term adjustment. McGlone pointed out that as institutional participation increases, Bitcoin's correlation with speculative assets has strengthened, undermining its function as a hedge against traditional markets. The current market needs to undergo a clearing process of excessive speculation. Several analysts refuted this.

3. Hyperliquid oil-related perpetual contracts saw nearly $1 billion in trading volume in 24H, influenced by the Iranian conflict, with the platform token HYPE rising 6%.

4. Solana's AI agent and RWA application ecosystem expansion, with transaction speed and low costs attracting developers, saw a surge in new projects launched within 24H.

5. Japanese listed company Metaplanet announced the establishment of two subsidiaries. Metaplanet Ventures will invest in the Japanese Bitcoin ecosystem, planning to invest 4 billion yen over the next few years to support companies building Bitcoin financial infrastructure in Japan, covering lending, settlement, custody, stablecoins, derivatives, and compliance. The other subsidiary, Metaplanet Asset Management, will be established in Miami, positioned as a digital credit and Bitcoin capital market platform connecting Asian and Western capital markets, planning to develop yield, equity, credit, and volatility strategies.

6. Bitget officially launched GetClaw, allowing users to directly start using the AI trading agent without local deployment or technical background by fully migrating the agent's operating environment to the cloud. Previously, using AI trading agents typically required users to have certain technical skills or complete cumbersome local configurations. GetClaw eliminates this barrier through a cloud-based architecture, further lowering the threshold for using AI trading tools.

7. According to Arkham monitoring, yesterday, USDC issuer USDC Treasury minted an additional 250 million USDC on the Solana blockchain. Additionally, since early February, Circle has net issued over 8 billion USDC and added it to the circulating supply.

# 5. Today's Market Calendar

Data Release Schedule

Important Event Forecast

March 12 (Thursday)

1. 20:30 US initial jobless claims for the week ending March 7, expected at 21.3
2. After US stock market close, Adobe will release its earnings report.

March 13 (Friday)

1. 20:30 US January core PCE price index year-on-year release, expected at 3.1%;
2. Japanese Prime Minister Sanae Takaichi will meet with Canadian Prime Minister Mark Carney to discuss the Middle East situation.

Institutional Views:

Renowned investment bank analysts hold a cautiously optimistic view on market trends within 24H. Goldman Sachs emphasizes that signs of easing Middle East conflicts boost the stock market, but soaring oil prices may exacerbate inflation, recommending increasing energy stocks and diversifying into AI technology. Morgan Stanley points out that cryptocurrencies have withstood geopolitical stress tests, and BTC remains valuable as a diversified asset, although its correlation with the stock market has risen to 0.5, explaining only 25% of price changes, with an expected total market cap stabilizing at $2.5 trillion. In the forex market, Citigroup views the 0.63% rise in the dollar index as driven by safe-haven demand, but if the Fed accelerates rate cuts, the dollar may face downward pressure. In the commodities sector, Barclays warns that the pullback in gold and silver prices is a short-term adjustment, with geopolitical premiums supporting gold prices challenging $5,300/ounce; the upward risk for crude oil is high, with Brent potentially testing the $100 mark. Overall, analysts recommend focusing on policy easing and geopolitical balance, prioritizing allocations in technology and energy defensive combinations.

Disclaimer: The above content is organized by AI search, with human verification for publication, and does not constitute any investment advice.