Harry Harrison @HarryH1993: "📊 March 19, 2026 Hey everyone..."

United Kingdom

📊 March 19, 2026 Hey everyone 👋 What a wild first half of the week it's been! 🏦 The Fed Holds, Markets Sink The FOMC held rates steady at 3.5%-3.75% yesterday as expected, but what spooked markets was the updated dot plot and Chair Powell's press conference. The Fed now projects just one rate cut for the rest of 2026, and they raised their inflation forecast to 2.7% from 2.4%, largely because of the oil shock from the ongoing Iran conflict. Powell acknowledged that rising energy prices are "for sure" feeding into the outlook but pushed back on stagflation comparisons. The $DJ30 fell 768 points, the $SPX500 dropped 1.36%, and the Nasdaq lost 1.46%. I think the market overreacted slightly here. The Fed's tone was cautious but didn't sound overly hawkish to me. 🤖 NBIS Lands a Monster Meta Deal But Dilution Fears Hit $NBIS (Nebius Group NV) has been one of the most eventful holdings in my portfolio lately. The company landed a massive $27 billion infrastructure deal with Meta Platforms and received a $2 billion investment from Nvidia, both of which are incredible validations of its AI cloud business. Revenue is expected to jump over 500% this year to $3.3 billion. However, the stock dropped about 10% after announcing a $3.75 billion convertible notes offering to fund its data centre buildout. I see this as short-term pain for long-term gain. The demand for their infrastructure is clearly there, and they need capital to scale. Analysts at DA Davidson and BWS Financial both raised their price targets to $200. ⚔️ SOFI Under Fire from Muddy Waters $SOFI (SoFi Technologies Inc) had a dramatic couple of days. Muddy Waters published a short report alleging aggressive accounting practices ut SoFi came out swinging, calling the report "factually inaccurate and misleading" and saying they're exploring legal action. CEO Anthony Noto backed up his words with action, buying around $500,000 worth of shares. whilst their CTO sold about $1.6 million in stock on the same day . On the bright side, SoFi Invest was just ranked number one among DIY investors in the JD Power 2026 U.S. Investor Satisfaction Study, which is a strong endorsement of their platform. I think the short report creates some short-term noise, but the fundamentals remain intact: 30% revenue growth guidance, EBITDA margins expanding to 34%, and a projected $4.7 billion in 2026 sales. I'm not selling. 📅 Looking Ahead The big question now is whether the market can find a floor after digesting the Fed's stance. Also keep an eye on SOFI's Q1 earnings date, estimated around April 27, which will be the first real test of the business after the Muddy Waters noise. That's it for today! As always, I'm happy to chat about anything in the comments. If you're looking for a diversified portfolio that covers fintech, AI infrastructure, emerging markets, and more, feel free to check out my profile and copy my portfolio. I'm in this for the long run and always happy to help newer investors starting out in the choppy waters we're facing right now! Harry 😃

Not investment advice. The author may have financial interests in the mentioned instruments.

4 Mentioned

DJ30

SPX500

NBIS

Nebius Group NV

SOFI

SoFi Technologies Inc

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