US Strikes Iran-linked Port in Retaliation for Deadly Drone Attack on Israel Ship

**March 29 Update: U.S. Prepares Limited Iran Ground Operation Targeting Oil Lifeline** News of U.S. military preparations for a limited ground operation against Iran grabbed global attention March 29. Unlike the 2003 full-scale Iraq invasion, the Pentagon is deploying the "Scimitar of Execution" tactic: no territorial occupation, no prolonged conflict, focused solely on Iran’s oil lifeline—Kharg Island. The goal is to replicate the 1991 Gulf War’s "swift few-week victory." Per foreign media reports, the U.S. is planning a weeks-long limited ground mission (not full occupation). Thousands of Marines and paratroopers from the 82nd Airborne Division have deployed to the Middle East. Some 3,500 troops from the 31st Marine Expeditionary Unit (MEU) are aboard the USS *Guam*, en route to the Persian Gulf’s core waters. On March 26, the U.S. military noted it’s weighing up to 10,000 ground troops (infantry, armored units)—just 1% of the 2003 Iraq War’s force size. It’s ditching the p

**March 29 Update: Musk on Tesla FSD, Terafab Chip Factory** Elon Musk said March 29 that Tesla’s “Full Self-Driving” (FSD) assistive system isn’t just about post-collision braking—it can predict pedestrians’ intentions before they step into the road. Tesla’s AI self-driving capabilities, he added, will be 10x safer than human driving. Additionally, Tesla has broken ground on its massive Terafab semiconductor chip factory in the U.S. Far larger than traditional chip fabs, Terafab integrates logic AI chips, memory production, and advanced packaging under one roof. Its core goal: produce 100 billion to 200 billion chips annually, with an initial monthly capacity of 100,000 wafers (eventually ramping to 1 million/month)—far outpacing mainstream fabs like TSMC and Intel. Musk’s aim is to meet Tesla’s surging AI computing power needs by making chips in-house for its Dojo supercomputer, FSD system, Optimus robots, Robotaxi fleets, and more. This will let Tesla avoid dependence on ex

March 29th — Coinbase CEO Brian Armstrong addressed the platform’s frequent push notifications for its prediction market, saying: “It looks like there was a bug with targeted push notifications, which we’ve fixed now. As for the appropriateness of the push content: the prediction market is popular with some users, but not everyone enjoys it — and we definitely don’t want to force anyone to engage with it. I think a better solution is letting users tweak their experience to match their preferences, instead of imposing a blanket ban on a whole category of content. As a full-service crypto exchange, Coinbase aims to provide all legal, network-security-compliant assets users might want to trade. But at any given time, each user might only care about 1% (or even less) of that content — and that’s totally fine. So we need to strike the right balance between ‘not forcing unwanted stuff on people’ and ‘making sure they can find what they do want.’ This time, we clearly missed the m

March 29: The Kobeissi Letter said in a market analysis that U.S. tech stocks have entered a relatively undervalued range. The forward price-to-earnings (P/E) ratio of the S&P 500 Information Technology Index is now just 4% higher than that of the S&P 500 Index—the lowest level since January 2019. This premium has fallen 32 percentage points since October 2025, marking one of the largest discounts on record. In short, U.S. tech stocks are currently at their cheapest level relative to the broader market in seven years. By contrast, at the peak of tech overvaluation in June 2024, the sector was roughly 47% more expensive than the S&P 500. Tech stocks are now on track to trade at a discount to the S&P 500 for the first time since 2017. The Kobeissi Letter suggests it may be time to buy tech stocks. BlockBeats Note: Current market data shows the S&P 500 Information Technology Index’s forward P/E still hovers around 20x, while the broader S&P 500’s forward P/E is roughly 20–21x—bot

Israeli Defense Forces (IDF) said Thursday (March 29) that its air force conducted a large-scale airstrike on infrastructure in central Tehran the previous day (March 28). The operation targeted dozens of weapon storage and production sites, further degrading Iran’s weapons manufacturing capabilities, the IDF stated. It added that Iran has been relocating command centers to mobile units, and the strike destroyed several makeshift command centers—including those with Iranian commanding officers operating inside. The IDF noted the strike also weakened Iran’s core infrastructure and combat readiness. (FX168)

March 29 — Per alternative data, the cryptocurrency Fear & Greed Index has dropped below 10 again today, now standing at 9. That’s down from 12 yesterday, with last month’s average at 13, indicating the market remains in “extreme fear.” Note: The Fear & Greed Index ranges from 0 to 100, based on the following metrics: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).