TopGthinking

Being in charge of your life requires self-awareness, self-discipline, and self-motivation, and it will bring a sense of purpose and fulfillment. "Lets Do This"

[TopGthinking @TopGthinking]

📷 Justice Department Sues Minnesota: Federal complaint could shield major oil firms from similar state-level climate cases.

📷 STMicro Bets Big On Space: Chipmaker guides to over $3 billion in space-chip revenue across 2026 through 2028.

[TopGthinking @TopGthinking]

📷 Palantir Beats Big, Stock Slips: Record 85% revenue growth and a guide raise still couldn’t lift shares after-hours.

📷 GameStop Bids $56B For eBay: Ryan Cohen’s unsolicited offer at $125 per share carries a 20% premium and tight financing.

[TopGthinking @TopGthinking]

📷 Iran Strike Reignites Hormuz Risk: Tehran hit a UAE oil port, sending Brent crude up 5.8% on supply fears.

📷 Amazon Opens Its Logistics Stack: New logistics service for outside firms crushed FedEx and UPS in single session.

[TopGthinking @TopGthinking]

GameStop just bid $56 billion for eBay. Iran rattles oil, Amazon rattles freight.

[TopGthinking @TopGthinking]

Congratulations to
@LewisHamilton
on his first podium with Ferrari. Seeing one of the greatest drivers of all time on the podium in red is a moment Formula 1 fans won’t forget. #LewisHamilton #Ferrari #F1

[TopGthinking @TopGthinking]

REAL ESTATE

30-year: 6.35%
15-year: 5.95%

[TopGthinking @TopGthinking]

But with Bitcoin down from its highs, a lot of those copy cats have taken a hit. Names like American Bitcoin Corp (ABTC -7.08%) and Bitmine (BMNR -2.38%) are down more than 80% from their highs.

[TopGthinking @TopGthinking]

The Copy-Cat Crash
When Strategy (MSTR -0.72%) showed some success with its just keep buying Bitcoin strategy, other companies followed suit.

Digital asset treasuries (DATs) started popping up left and right.

[TopGthinking @TopGthinking]

Showing Strength
Bitcoin continued to show resilience yesterday - trading flat despite stocks dropping.

Historically, Bitcoin has traded down when the stock market goes down.

But since the start of the Iran war, Bitcoin has showed strength against stocks.

[TopGthinking @TopGthinking]

CRYPTO

BTC: $70,512 (+0.44%)

ETH: $2,071 (+0.91%)

XRP: $1.38 (-0.40%)

*Numbers as of 4:00pm ET on March 12th

[TopGthinking @TopGthinking]

Fertilizer stocks are growing as the Strait of Hormuz remains clogged.

It's not just oil that gets transported through the strait the fertilizer industry is reliant on it as well. 

As prices climb, stocks like Mosaic (MOS +7.58%) and CF Industries (CF +13.21%) in the green.

[TopGthinking @TopGthinking]

Dick's Sporting Goods (DKS +0.97%) reported earnings before the bell yesterday - and the reaction was mixed.

Holiday sales were stronger than expected - but profits fell from last year.

Why? The company spent around $2.5B acquiring Foot Locker - which weighed on its bottom line

[TopGthinking @TopGthinking]

STOCKS

S&P: 6,673 (-1.52%)

DOW: 46,678 (-1.56%)

NASDAQ: 22,312 (-1.78%)

*Numbers as of market close on March 12th

[TopGthinking @TopGthinking]

Still, Deutsche says it's not exposed to "significant risks," just “indirect credit risks through interconnected portfolios and counterparties.”

[TopGthinking @TopGthinking]

Risky Business
Deutsche Bank (DB -6.63%) says its private credit portfolio is now up to $30B, growing 6% in 2025.

But private credit is looking riskier these days, with big banks like JPMorgan (JPM -1.61%) restricting exposure.

[TopGthinking @TopGthinking]

GLOBAL SCOOP

STOXX 600 (E.U.): (-0.61%)
CSI 300 (CHN): (-0.36%)
KOSPI (S.K.): (-0.48%)
*Numbers as of March 12th

[TopGthinking @TopGthinking]

ECONOMY

US10YEAR: 4.26% (+0.06%)
Gold: $5,089 (-1.58%)
WTI Crude Oil: $96.42 (+10.51%)
*Numbers as of 4:00pm ET March 12th

[TopGthinking @TopGthinking]

It's Friday the 13th and some things on Wall Street are looking a little spooky.

Big banks are limiting private credit withdrawals.

Oil prices are on the rise... again.

But - it's not all doom and gloom.

And when there's fear, there are also buying opportunities.

[TopGthinking @TopGthinking]

REAL ESTATE

30-year: 6.13%
15-year: 5.72%

[TopGthinking @TopGthinking]

But JPM says once the rules are set, it could unlock inflows from institutions like pension funds and asset managers.