The Iran war tightened its grip on every asset class this week as oil swung from $93 to $119 and back, the Fed held rates but admitted inflation progress was slower than hoped, and gold posted its worst week since 1983 down -9% as traders abandoned the haven trade and started pricing a 50% chance of a Fed hike by October. Micron delivered one of the most jaw-dropping earnings beats in memory with a $33.5B Q3 guide against a $24.29B consensus, Jensen Huang put a $1T revenue ceiling on Nvidia's chip backlog through 2027, and Super Micro's co-founder was arrested for smuggling Nvidia servers to China, handing Dell an instant windfall. The Nasdaq finished the week -9.3% from its January high, the Dow -9.2% from its February peak, and the S&P 500 closed below its 200-day moving average for the first time since June. Chuck Norris died at 86.

Monday 🚀: Markets ripped higher as oil dropped -5.4% to $93.35 after reports of a U.S.-led coalition to escort ships through the Strait of Hormuz, finally giving bulls the geopolitical exhale they had been waiting for all week. Jensen Huang took the GTC stage and projected at least $1T in Blackwell and Rubin chip demand through 2027, while Nebius surged on a $27B Meta infrastructure deal built around Nvidia's Vera Rubin platform. The FOMC meets this week and is expected to hold, but last week's stagflation data means any hawkish lean in the statement will hit hard.

Tuesday 🛢️: Stocks eked out a second straight green session even as Brent crude closed at $103.42, its highest since August 2022, with diesel topping $5 a gallon and the Strait of Hormuz still effectively closed. The Director of National Counterterrorism resigned, saying Trump was deceived into starting the war in Iran, while NATO allies continued to rebuff the Hormuz escort coalition. All eyes shift to Wednesday's Fed decision, where a hold is a near-certainty but Powell's dot plot language on inflation could move markets more than the rate call itself, with Lululemon's weak 2026 guidance and Micron's blockbuster earnings report also due after the bell.

Wednesday 💀:The Fed held rates at 3.5% to 3.75% as expected but Jerome Powell told the market inflation progress was slower than hoped, oil hit $109 intraday, and wholesale prices came in twice as hot as expected, sending every major index lower with Bitcoin dropping -4% to $71k and rate cut odds collapsing to December at the earliest. Micron delivered a genuine stunner after the bell, reporting $23.86B in revenue against a $19.7B estimate and guiding Q3 to $33.5B against a $24.29B consensus, giving bulls something to hold onto heading into Thursday. Meanwhile a drone IPO called Swarmer surged +600% on its debut, which may be the most accurate real-time indicator of where we are as a society right now.

Thursday 🛢️: Oil hit $119 intraday before pulling back as Iran floated transit fees on Strait of Hormuz shipping and the White House floated a $200B war spending package it called a "small price to pay," while the major indexes sold off and gold cratered -5.9% to $4,600 as the metals rout extended to a sixth session in seven on collapsing rate-cut hopes. Micron fell -4% despite one of the most jaw-dropping earnings beats in recent memory, with a $33.5B Q3 guide that barely moved a stock already up +348% in a year. FedEx saved the after-hours session, jumping +9% on a clean beat and raised guidance, proving that somebody's supply chain is still working even at $111 oil.

Friday 💀: Markets sold off for a fourth straight week as Trump told reporters he does not want a ceasefire with Iran, gold posted its worst week since 1983 down -9% to $4,500, and traders flipped to pricing a 50% chance the Fed hikes by October after spending last month pricing June cuts. The Nasdaq is now -9.3% from its January high and the Dow -9.2% from its February peak, both within rounding error of correction territory, while the Dallas Fed warned a Hormuz shutdown through June would shave 2.9 percentage points off global GDP in Q2. Super Micro cratered -33% after federal prosecutors charged its co-founder with smuggling Nvidia servers to China, handing Dell an instant market share windfall, while AleAnna surged +87% as missile strikes on Qatar's LNG facilities made Italian domestic gas assets the most valuable acreage nobody had priced in. Chuck Norris died at 86.

🤩 This week's Stocktwits Top 25 showed how momentum movers fared vs. the indexes.

Here are the closing prices: 

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Need a concise summary of what's going on this week? Look no further. Here’s a rundown of this week’s earnings and economic data.

Above is a quick summary. Check out the full Stocktwits earnings calendar for the other names reporting this week.

In addition to the above, check out this week's complete list of economic releases.

Monday:Macro: Construction Spending (MoM) (Jan) (10:00 AM ET), Atlanta Fed GDPNow (Q1) (1:00 PM ET). 📊
Pre-Market Earnings: $ADTX Aditxt Inc, $MOB Mobilicom Limited, $MKC McCormick & Company. ☀️
After-Market Earnings: $BNGO, $ATER, $ATOS Atossa Therapeutics Inc, $PALI Palisade Bio Inc, $MBOT Microbot Medical Inc, $EVFM Evofem Biosciences Inc, $CYPH Cypherpunk Technologies Inc., $PAVM PAVmed Inc, +21 more. 🌙

Tuesday:Macro: ADP Employment Change Weekly (8:15 AM ET), Nonfarm Productivity (QoQ) (Q4) (8:30 AM ET), S&P Global Manufacturing PMI (Mar) (9:45 AM ET), S&P Global Services PMI (Mar) (9:45 AM ET), 2-Year Note Auction (1:00 PM ET), API Weekly Crude Oil Stock (4:30 PM ET), Fed Vice Chair for Supervision Barr Speaks (6:30 PM ET). 📊
Pre-Market Earnings: $ACHV Achieve Life Sciences Inc., $GTEC Greenland Technologies Holding Corp, $ZEPP Huami Corp. ☀️
After-Market Earnings: $GME, $HOFV Hall of Fame Resort & Entertainment Company, $FBIO Fortress Biotech Inc, $HMR Heidmar Maritime Holdings Corp. Common Stock, $DRRX Durect Corp, $SCNX Scienture Holdings Inc., $KBH Kb Home, $MDAI Spectral AI Inc - Ordinary Shares - Class A, +6 more. 🌙

Wednesday:Macro: Import Price Index (MoM) (Feb) (8:30 AM ET), Cushing Crude Oil Inventories (10:30 AM ET), 5-Year Note Auction (1:00 PM ET). 📊
Pre-Market Earnings: $CHWY, $PDD, $ONDS Ondas Inc, $BZUN Baozun, $NRSN NeuroSense Therapeutics Ltd, $PAYX Paychex, $CNTN Canton Strategic Holdings Inc., $CTAS Cintas, +2 more. ☀️
After-Market Earnings: $BYND Beyond Meat Inc, $NNDM Nano Dimension Ltd - ADR, $FFAI Faraday Future Intelligent Electri, $IZEA IZEA Worldwide Inc, $PSTV Plus Therapeutics Inc, $KULR Kulr Technology Group Inc, $TXMD TherapeuticsMD Inc, $BPTH Bio-Path Holdings Inc, +32 more. 🌙

Thursday:Macro: Continuing Jobless Claims (8:30 AM ET), 7-Year Note Auction (1:00 PM ET), Fed Vice Chair for Supervision Barr Speaks (7:10 PM ET). 📊
Pre-Market Earnings: $SKLZ, $PULM Pulmatrix Inc, $RMTI Rockwell Medical Inc, $CDZI Cadiz Inc, $BRTX BioRestorative Therapies Inc, $MIGI Mawson Infrastructure Group Inc, $LOVE Lovesac Company. ☀️
After-Market Earnings: $BLNK Blink Charging Co, $NRDE Nu Ride Inc, $ANY Sphere 3D Corp, $BOXL Boxlight Corp, $IMNN Imunon Inc, $VANI Vivani Medical Inc, $POET POET Technologies Inc, $ENVB Enveric Biosciences Inc, +36 more. 🌙

Friday:Macro: Michigan 1-Year Inflation Expectations (Mar) (10:00 AM ET), FOMC Member Daly Speaks (11:30 AM ET), U.S. Baker Hughes Total Rig Count (1:00 PM ET). 📊
Pre-Market Earnings: $CCL, $TMC, $MLSS Milestone Scientific Inc.. ☀️
After-Market Earnings: $ZNOG Zion Oil & Gas Inc, $ORGN Origin Materials Inc, $IMTE Integrated Media Technology Limited, $ENTX Entera Bio Ltd, $NXPL NextPlat Corp, $BYSI BeyondSpring Inc, $ALTS ALT5 Sigma Corporation, $GIGM Gigamedia. 🌙

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⚠ 'The energy tax': Analysts weigh impact of surging gasoline prices on inflation, consumers

🪴 OpenAI’s data center pivot underscores Wall Street spending concerns ahead of IPO

🪖 The economy has a Strait of Hormuz deadline for Trump: Two weeks

🦴 Trump to send ICE agents to airports amid partial government shutdown

🍉 Iran Issues Six-Point Ultimatum For Peace As Strait Of Hormuz Tensions Heat Up

🥇 Whale Who Shorted Bitcoin In Black Swan Event Warns As US Debt Hits Highest Since World War II

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