Forex Signals March 17: Elbit, Tencent, Lululemon, and Oklo Earnings Today

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Investors are closely watching earnings results today from Elbit Systems Ltd., Tencent Music Entertainment Group, Lululemon Athletica, and Oklo Inc., as the companies release their latest financial performance across defense, streaming, retail, and nuclear energy sectors.

Global markets began the week on a stronger footing as easing geopolitical tensions and falling oil prices helped restore investor confidence.

Oil Retreats as Escalation Fears Ease

Markets reversed late-week trends as concerns surrounding the Middle East conflict eased slightly. While tensions remain, the absence of a major escalation helped calm investors.

Oil prices dropped sharply, falling $5.70 or 5.72% to $93.64 per barrel. Over the weekend, the United States carried out strikes on Kharg Island, a key Iranian export hub, but avoided damaging critical oil infrastructure. The limited nature of the strike helped ease fears of severe supply disruptions.

There were also reports suggesting potential diplomatic efforts to end the conflict. However, Donald Trump said during a press conference that it remains unclear who negotiations would involve, adding that the parties involved may not yet be ready for a deal.

Global Equities Start the Week Higher

With energy prices retreating and geopolitical concerns stabilizing, stock markets in both the United States and Europe opened the week with gains.

U.S. equities posted a solid session across all major indices:

• S&P 500 gained 1.0%
• Nasdaq Composite rose 1.2%, leading the advance
• Dow Jones Industrial Average added 0.8%
• Russell 2000 climbed 1.0%

Travel-related stocks, including airlines and cruise companies, were among the strongest performers as investors bet that reduced tensions around the Strait of Hormuz could support global economic activity.

Nvidia Highlights Massive AI Demand

Meanwhile, Nvidia drew attention after CEO Jensen Huang unveiled several major technology developments.

The company introduced the Groq 3 LPX AI inference chip, alongside a new server configuration built around eight Groq processors. Nvidia also confirmed that co-packaged optical chips for Spectrum X are now in full production with TSMC, while its upcoming Feynman architecture will incorporate high-bandwidth memory.

Huang also highlighted strong demand trends, noting that Nvidia recorded roughly $500 billion in high-confidence purchase orders last year for its Blackwell and Rubin platforms. The company now expects AI infrastructure demand to exceed $1 trillion by 2027, with hyperscale data centers accounting for about 60% of total demand.

Nvidia Stock Pulls Back After Early Rally

Shares of Nvidia briefly surged to an intraday high of $188.88 before easing back to close at $183.22.

Technically, the stock finished below its 100-hour and 200-hour moving averages, suggesting some short-term consolidation despite the strong long-term demand outlook for AI computing infrastructure.

Key Market Events to Watch This Week

These earnings releases could provide fresh insights into sector trends ranging from defense and entertainment to consumer retail and next-generation energy technologies.

Earnings Reports Scheduled for Today

Elbit Systems Ltd. (ESLT)

• Earnings: Q4 2025 results
• Release Time: Before Market Open (BMO)
• Expected EPS: 3.14
• Market Cap: Approximately $40.63 billion

Investors will be watching for updates on global defense demand and order backlog, particularly as geopolitical tensions continue to drive spending in the sector.

Tencent Music Entertainment Group (TME)

• Earnings: Q4 2025 results
• Release Time: Before Market Open (BMO)
• Expected EPS: 1.59
• Market Cap: Around $25.41 billion

Markets will focus on subscriber growth, streaming revenue trends, and the company’s expansion in China’s digital music ecosystem.

Lululemon Athletica (LULU)

• Earnings: Q4 2025 results
• Release Time: After Market Close (AMC)
• Expected EPS: 5.87
• Market Cap: About $18.96 billion

Investors are likely to monitor holiday sales performance, margin trends, and guidance for 2026 as the premium athleisure brand navigates consumer spending conditions.

Oklo Inc. (OKLO)

• Earnings: Q4 2025 results
• Release Time: After Market Close (AMC)
• Expected EPS: -0.17
• Market Cap: Roughly $9.33 billion

The market will be looking for updates on the company’s advanced nuclear energy projects and long-term commercialization plans.

Forex Signals Update

Gold Breaks the 50 SMA

Although demand for safe haven assets is still high, gold fell precipitously from record highs following the Fed’s most recent rate cut comments, as profit-taking was prompted by Powell’s cautious tone. In December, gold jumped above $4.3800 following the Federal Reserve’s announcement of a 25 basis point rate decrease. But the impetus soon waned, and prices dropped back to $4,004. The 20 daily SMA (gray) held as support last week and buyers returned and pushed XAU above the $5,000 mark for the first time, printing a fresh record high at $5,598 before retreating below $5,000. But buyers returned and XAU climbed above $5,000 again.

USD/JPY Rebounds

USD/JPY – Daily Chart

Cryptocurrency Update

Bitcoin Reclaims the $70K Level

Cryptocurrencies remained highly active over the summer. Bitcoin (BTC) climbed to fresh highs of $123,000 and $124,000 in July and August, supported by institutional inflows and technical strength. However, remarks from Treasury Secretary Scott Bessent ruling out U.S. increases to BTC reserves triggered a steep pullback, sending the coin down to $80K before finding support at the 100 weekly SMA (green). A rebound followed, sending BTC near $100 is the first major text for Bitcoin buyers. However BTC returned lower and fell below $80K, breaking below the but the 100 weekly SMA (green) but the decline stopped at the $60K support where the 200 weekly SMA (purple) stands and rebounded to $74K.

BTC/USD – Weekly Chart

Ethereum Climbs Above $2,000

Ethereum (ETH) has been similarly strong, surging toward $4,800, its highest since 2021 and near its all-time peak of $4,860. Despite a dip last week, ETH found support at the 20-day SMA, with retail enthusiasm and renewed institutional participation driving fresh upside momentum. Last week we saw a dive below $2,000 but buyers returned n d pushed the price above $2K again.

ETH/USD – Weekly Chart

ABOUT THE AUTHOR See More

Skerdian Meta

Lead Analyst

Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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