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Aviso Financial Inc. boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 381,909 shares of the information services provider's stock after buying an additional 6,567 shares during the quarter. Alphabet accounts for 3.8% of Aviso Financial Inc.'s investment portfolio, making the stock its 7th largest position. Aviso Financial Inc.'s holdings in Alphabet were worth $93,014,000 as of its most recent SEC filing. Get Alphabet alerts: Sign Up Other institutional investors have also modified their holdings of the company. Tradewinds LLC. raised its position in Alphabet by 2,134.8% during the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider's stock worth $10,984,000 after buying an additional 43,080 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings in shares of Alphabet by 31.3% in the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider's stock valued at $86,345,000 after acquiring an additional 84,553 shares in the last quarter. CWA Asset Management Group LLC increased its stake in shares of Alphabet by 2.2% during the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider's stock worth $38,272,000 after acquiring an additional 3,444 shares during the period. American National Bank of Texas purchased a new position in Alphabet during the third quarter worth about $900,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Alphabet by 3.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider's stock valued at $206,542,000 after purchasing an additional 42,028 shares during the period. Institutional investors and hedge...

Delta Asset Management LLC TN reduced its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 0.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 424,627 shares of the software giant's stock after selling 2,475 shares during the period. Microsoft makes up about 18.7% of Delta Asset Management LLC TN's portfolio, making the stock its biggest holding. Delta Asset Management LLC TN's holdings in Microsoft were worth $219,936,000 at the end of the most recent reporting period. Get Microsoft alerts: Sign Up A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Microsoft by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 705,077,786 shares of the software giant's stock valued at $350,712,742,000 after purchasing an additional 13,691,572 shares during the period. State Street Corp grew its position in Microsoft by 1.1% during the second quarter. State Street Corp now owns 299,196,519 shares of the software giant's stock worth $148,823,341,000 after buying an additional 3,166,275 shares in the last quarter. Geode Capital Management LLC increased its stake in Microsoft by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 179,001,751 shares of the software giant's stock worth $88,714,256,000 after acquiring an additional 3,532,054 shares during the period. Norges Bank acquired a new position in Microsoft in the 2nd quarter valued at $50,493,678,000. Finally, Northern Trust Corp lifted its position in shares of Microsoft by 16.1% during the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock valued at $35,316,535,000 after acquiring an additional 11,600,470 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds. Key Stories Impacting Microsoft Here are...

Concord Asset Management LLC VA decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 54.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 93,279 shares of the computer hardware maker's stock after selling 113,212 shares during the period. NVIDIA accounts for about 3.2% of Concord Asset Management LLC VA's investment portfolio, making the stock its 8th largest position. Concord Asset Management LLC VA's holdings in NVIDIA were worth $17,404,000 at the end of the most recent reporting period. Get NVIDIA alerts: Sign Up Other hedge funds have also modified their holdings of the company. Harbor Asset Planning Inc. purchased a new stake in NVIDIA in the 2nd quarter worth $28,000. Winnow Wealth LLC bought a new position in shares of NVIDIA in the second quarter worth about $32,000. Longfellow Investment Management Co. LLC grew its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares in the last quarter. Spurstone Advisory Services LLC bought a new stake in NVIDIA during the 2nd quarter valued at approximately $40,000. Finally, Sellwood Investment Partners LLC bought a new stake in NVIDIA during the 3rd quarter valued at approximately $50,000. 65.27% of the stock is currently owned by institutional investors. NVIDIA News Summary Here are the key news stories impacting NVIDIA this week: NVIDIA Price Performance NASDAQ:NVDA opened at $182.48 on Tuesday. The firm has a market capitalization of $4.43 trillion, a price-to-earnings ratio of 37.24, a PEG ratio of 0.62 and a beta of 2.31. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24. The business has a 50 day simple moving average of $186.41 and a 200-day simple moving average of $183.88. NVIDI...

Donaldson Capital Management LLC increased its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 1.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 568,554 shares of the iPhone maker's stock after purchasing an additional 6,764 shares during the quarter. Apple accounts for about 4.6% of Donaldson Capital Management LLC's holdings, making the stock its 3rd largest holding. Donaldson Capital Management LLC's holdings in Apple were worth $144,771,000 as of its most recent SEC filing. Get Apple alerts: Sign Up Other institutional investors also recently bought and sold shares of the company. American Alpha Advisors LLC raised its position in Apple by 3.7% during the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock worth $293,000 after acquiring an additional 41 shares during the period. Capstone Wealth Management LLC increased its stake in shares of Apple by 0.5% during the third quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker's stock worth $2,174,000 after purchasing an additional 42 shares in the last quarter. Aspetuck Financial Management LLC raised its position in shares of Apple by 0.3% during the 3rd quarter. Aspetuck Financial Management LLC now owns 17,702 shares of the iPhone maker's stock worth $4,507,000 after purchasing an additional 46 shares during the last quarter. Baker Boyer National Bank raised its position in shares of Apple by 0.3% during the 2nd quarter. Baker Boyer National Bank now owns 18,011 shares of the iPhone maker's stock worth $3,695,000 after purchasing an additional 47 shares during the last quarter. Finally, Beddow Capital Management Inc. lifted its stake in Apple by 1.8% in the 2nd quarter. Beddow Capital Management Inc. now owns 2,597 shares of the iPhone maker's stock valued at $533,000 after buying an additional 47 shares in the last quarter. 67.73% of the stock is owned by institut...

Audent Global Asset Management LLC trimmed its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 62.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,449 shares of the iPhone maker's stock after selling 20,302 shares during the quarter. Apple accounts for approximately 2.3% of Audent Global Asset Management LLC's portfolio, making the stock its 19th largest holding. Audent Global Asset Management LLC's holdings in Apple were worth $3,170,000 at the end of the most recent reporting period. Get Apple alerts: Sign Up Several other institutional investors and hedge funds also recently made changes to their positions in AAPL. Sellwood Investment Partners LLC boosted its position in Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock worth $34,000 after purchasing an additional 71 shares during the period. ROSS JOHNSON & Associates LLC boosted its holdings in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after buying an additional 180 shares during the period. Nexus Investment Management ULC grew its stake in Apple by 333.3% in the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker's stock valued at $53,000 after buying an additional 200 shares in the last quarter. LSV Asset Management bought a new stake in Apple during the 4th quarter valued at $65,000. Finally, Morgan Dempsey Capital Management LLC lifted its position in shares of Apple by 41.0% during the second quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker's stock worth $88,000 after acquiring an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company's stock. Apple Stock Up 0.2% Shares of Apple stock opened at $264.72 on Tuesday. The com...

Columbia Asset Management cut its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 2.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 203,343 shares of the iPhone maker's stock after selling 4,929 shares during the quarter. Apple comprises approximately 9.7% of Columbia Asset Management's holdings, making the stock its largest position. Columbia Asset Management's holdings in Apple were worth $51,777,000 at the end of the most recent quarter. Get Apple alerts: Sign Up Other hedge funds also recently modified their holdings of the company. American Alpha Advisors LLC boosted its stake in shares of Apple by 3.7% during the 3rd quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock worth $293,000 after acquiring an additional 41 shares in the last quarter. Capstone Wealth Management LLC raised its stake in shares of Apple by 0.5% in the 3rd quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker's stock valued at $2,174,000 after acquiring an additional 42 shares in the last quarter. Aspetuck Financial Management LLC lifted its holdings in Apple by 0.3% in the 3rd quarter. Aspetuck Financial Management LLC now owns 17,702 shares of the iPhone maker's stock worth $4,507,000 after purchasing an additional 46 shares during the last quarter. Baker Boyer National Bank boosted its position in Apple by 0.3% during the second quarter. Baker Boyer National Bank now owns 18,011 shares of the iPhone maker's stock worth $3,695,000 after purchasing an additional 47 shares during the period. Finally, Beddow Capital Management Inc. grew its holdings in Apple by 1.8% during the second quarter. Beddow Capital Management Inc. now owns 2,597 shares of the iPhone maker's stock valued at $533,000 after purchasing an additional 47 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock. Apple Trading U...

Berman McAleer LLC purchased a new position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 34,707 shares of the iPhone maker's stock, valued at approximately $8,837,000. Apple makes up approximately 1.2% of Berman McAleer LLC's investment portfolio, making the stock its 19th largest position. Get Apple alerts: Sign Up Several other hedge funds have also modified their holdings of the business. Sellwood Investment Partners LLC increased its holdings in shares of Apple by 110.9% in the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after purchasing an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC grew its position in Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after buying an additional 180 shares during the period. Nexus Investment Management ULC lifted its position in shares of Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker's stock valued at $53,000 after acquiring an additional 200 shares during the period. LSV Asset Management purchased a new stake in shares of Apple during the 4th quarter worth approximately $65,000. Finally, Morgan Dempsey Capital Management LLC grew its holdings in shares of Apple by 41.0% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker's stock worth $88,000 after acquiring an additional 125 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In AAPL has been the subject of several research reports. Barclays reaffirmed an "underweight" rating and set a $239.00 price objective (up from $230.00) on shares of Apple in a report on Friday...

财联社3月3日讯（编辑 卞纯） 本周一，美国参议员伯尼·桑德斯以及众议员罗·卡纳提出了一项法案， 拟对美国亿万富翁征收5%的年度财富税 。 这项提案将适用于美国净资产达到10亿美元或以上的个人，据桑德斯办公室估计，符合这一标准的人数为938人。 在周一发布的新闻稿中，来自佛蒙特州的独立参议员桑德斯和来自加利福尼亚州的民主党众议员卡纳表示，加州大学伯克利分校的经济学家分析估计，“该法案将在未来十年内筹集4.4万亿美元”。 两位议员表示，该法案所带来的收入将用于“改善美国人民的生活状况”。 根据新闻稿，“该法案在实施的第一年将向年收入15万美元或以下的家庭中的每一位男性、女性和儿童直接发放3000美元——四口之家则可获得1.2万美元——并将未来十年预计筹集的4.4万亿美元资金用于解决工薪家庭面临的最紧迫问题。” 此外，议员们表示，该法案将利用财富税收入扩大医疗保险覆盖范围，为数百万老年人提供牙科、视力和听力方面的医疗服务；建造、翻新和维护超过700万套经济适用房；以及其它更多用途。 桑德斯办公室周一发布的新闻稿还点名了一些知名亿万富翁，包括埃隆·马斯克。议员们表示， 根据该法案，马斯克第一年将须缴纳420亿美元的税款 ，“使其净资产降至7920亿美元”。 据估计，身价2200亿美元的马克·扎克伯格将须缴税110亿美元，而身价2180亿美元的杰夫·贝佐斯将须缴税约110亿美元。 尽管鉴于共和党目前掌控国会，这项立法不太可能成为法律，但报道称，该提案可能会对民主党2028年的总统初选产生影响，并有可能成为对候选人的试金石。

未来四周将决定欧洲经济是面临新一轮危机，还是仅在复苏路上遭遇一次小颠簸。 这正是特朗普宣称的对伊朗打击行动的持续时长 —— 此次打击已造成伊朗最高领袖阿亚图拉・ 阿里 ・哈梅内伊身亡，引发中东地区一系列报复性袭击，并推高能源成本。 若行动持续更久，恐将破坏欧元区刚刚起步的经济复苏，并重新点燃欧洲央行竭力遏制的通胀压力。 荷兰国际 集团（ING）经济学家卡斯滕・布热斯基认为，对中东地区油气的依赖，使欧盟成为受伊朗冲突外溢影响 “最严重的主要经济体”。 彭博经济研究院的安东尼奥・巴罗佐与西蒙娜・德莱・基亚耶表示：“若冲突短暂、能源价格仅小幅上涨，冲击将可控。但战争若持续，导致油气价格居高不下，各国政府可能被迫增加支出，以保护民众免受成本上涨影响，同时令现任领导人面临压力。” 今年欧洲经济前景本已好转，德国及其他国家增加政府支出，有望支撑经济温和扩张，且通胀率基本符合欧洲央行 2% 的目标。 但伊朗局势升级之际，美国最高法院推翻特朗普最初加征的关祱，又引发了关于美国关祱政策的新困惑。 目前市场尚未对欧元区经济偏离轨道感到恐慌。贝伦贝格银行首席经济学家霍尔格・施米丁表示，即便布伦特原油周一突破 80 美元 / 桶（他称这可能是 “短期冲高”），他仍将基于布伦特原油均价 65-70 美元 / 桶的假设制定经济展望。 施米丁称：“我预计特朗普会竭尽全力避免能源价格持续飙升，以免损害其国内支持率。此前对伊朗发动打击前，美国选民已将高消费物价归咎于他。” 伊朗同样有强烈动机避免霍尔木兹海峡局势过度紧张 —— 全球约五分之一的海运油气经此运输。 意大利裕信银行经济学家爱德华多・坎帕内拉表示：“中国与俄罗斯是仅有的支持伊朗的大国，而中国高度依赖该航道进口石油，将向德黑兰施压，避免其危及这条通道。” 彭博经济研究院观点 “美以对伊朗的打击及德黑兰的报复，已推动油价从冲突前的 65 美元 / 桶均价逼近 80 美元 / 桶。若霍尔木兹海峡供应中断，油价或突破 100 美元 / 桶。欧洲天然气价格也已走高，冲突升级将带来进一步上行风险。我们内部经济模型的情景分析显示，主要发达经济体的 CPI 将上升、GDP 将下降，给各国央行带来相互矛盾的政策压力。” —— 杰米・拉什、比约恩・范罗耶、齐亚德・达乌德。 欧洲央行政策制定者加布里埃尔・马克卢夫与马丁・科赫尔表示，现在判断周末袭击对经济的影响还...

格隆汇3月3日｜受中东冲突影响，伦敦上市的矿业股在开盘交易中集体走低。尽管金价在早盘走高，但白银期货下跌2.7%至每盎司86.47美元。澳新银行分析师指出，由于冲突引发的不确定性导致情绪转弱，基本金属价格呈现走低趋势。英美资源下跌3.65%，嘉能可下跌2.7%。Valterra Platinum下跌5.2%，同时铜矿商安托法加斯塔股价下跌4.2%。金银矿商弗雷斯尼洛跌幅接近2.7%，而霍希尔德矿业下跌3.1%。

财联社3月3日讯（编辑 马兰） 正当市场被中东冲突、人工智能泡沫、美国私募信贷行业危机所困扰之际，人形机器人市场正悄悄发生重大变化：现代汽车公司似乎接过了特斯拉在人形机器人领域的领导地位。 这一点在今年1月的CES 2026年大会后愈发明确，现代在展示了其最新的Atlas机器人之后，该公司股价在随后的两周内飙升了80%。 分析人士现在认为，Atlas已成为特斯拉Optimus的主要竞争对手，并在一些方面显出优势，如Atlas更优越的技术规格——包括更高的有效载荷能力，已做好量产准备，以及与英伟达和谷歌DeepMind之间的战略合作。 此外，Atlas可能通过全天候运营，提高生产线上工人的安全性和效率，进一步帮助现代汽车大幅降低劳动力成本。 优势与劣势 据介绍，Atlas的有效载荷能力达到50公斤，显著高于Optimus的20公斤。此外，Atlas的人类尺寸机器人的机械手自由度为56，即有56个独立运动的关节数目，而Optimus的自由度为50。 除了技术上的突破，现代的另一个重要战略在于快速工业化部署。该公司计划在2028年将Atlas应用于大批量、重复性的工作，比如汽车零部件的组装，然后在2030年应用于更复杂的装配工作。 麦格理证券韩国有限公司分析师James Hong表示，凭借具体的部署时间表和现代汽车强大的制造基础设施，该公司有望为人形机器人的商业化树立新的标杆。 现代曾透露，Atlas机器人的最初售价可能在13万至14万美元之间，据三星证券分析师Esther Yim估计，这一价格区间可能在产量突破1万台后，下降多达50%。但较Optimus的2万至3万美元仍有较大差距。 Hong进一步指出，如果Atlas机器人的售价降至10万美元，其运营成本约为每小时5.10美元。这低于美国联邦最低工资7.25美元，也远低于汽车工厂常见的每小时20至38美元的工资水平。 这也意味着，一旦Atlas在2028年投入使用，有望在全球范围内取代300万至400万名装配工人。 但另一方面，现代汽车依赖于英伟达芯片和第三方人工智能开发商——谷歌的DeepMind，这可能给Atlas的成本控制造成挑战。相比之下，特斯拉使用基于全自动驾驶系统的端到端神经网络，可能在价格上继续保持优势。 不过，除了特斯拉和现代，中国企业也是人形机器人领域中的不容忽视的参与者。市场研究公司Omdia的数据...

财联社3月3日讯（编辑 胡家荣） 港股市场今日延续调整态势，三大指数全线收跌。截至收盘，恒生指数跌1.12%，报25768.08点；科技指数跌2.26%，报4876.53点；国企指数跌1.07%，报8608.71点。 值得注意的是，科技指数盘中一度跌超2.5%。其中零跑汽车(09863.HK)、小鹏汽车-W(09868.HK)、华虹半导体(01347.HK)收盘均跌超5%。 为何港股表现颇为疲软？ 中金公司认为，可以从三方面来分析，首先是信用周期决定整体指数空间，由于2026年中国信用周期可能从2025年的底部快速修复走向震荡甚至阶段性放缓，所以他们预期宽基指数上的空间并不高。 其次是流动性环境放大市场波动。宏观层面，特朗普提名“相对鹰派”的沃什为美联储主席候选人，引发全球流动性收紧担忧，对港股尤其是长久期科技资产形成边际压力；微观层面，港股IPO与再融资供给增加，叠加A股市场强势分流南向资金，港股与A股呈现明显“资金跷跷板效应”。 最后是行业竞争无序侵蚀企业价值。诺德基金基金经理谢屹补充指出，恒生科技指数权重股多为互联网龙头，其核心业务(线上零售、外卖、即时配送等)步入成熟期后，企业为寻求新增长点频繁跨界投入，大规模资本开支短期难见成效，反被市场解读为侵蚀内在价值。若行业无序竞争态势持续，科技股下行压力或将进一步延续。 地缘风险推升能源链 多赛道承压回调 从市场表现来看，石油、港口运输、燃气股表现居前，而电力设备、黄金、锂电池、光通信、存储相关个股走低。 能源与港口运输股走强 截至收盘，中国石油股份(00857.HK)涨5.04%、中国海洋石油(00883.HK)涨3.22%、中海油田服务(02883.HK)涨2.87%。 同样港口运输和燃气股走强。截至收盘，中远海发(02866.HK)涨26.27%、秦港股份(03369.HK)涨5.24%、中远海控(01919.HK)涨5.16%。 截至收盘，大众公用(01635.HK)涨61.81%、北京燃气蓝天(06828.HK)涨26.32%、新奥能源(02688.HK)涨5.12%。 消息面，伊朗伊斯兰革命卫队司令顾问于3月2日称霍尔木兹海峡已关闭并将打击通行船只。作为全球约三分之一海运石油出口的关键通道，航运中断风险引发供应担忧，直接提振能源运输产业链。 再者多家国际航运巨头纷纷采取避险措施并上调费用。赫伯罗特以战争...

格隆汇3月3日｜液化天然气价格飙升，港股市场燃气股集体飙升。截至收盘，中油燃气飙升120%，大众公用暴涨超61%，北京燃气蓝天涨超26%，中民控股涨25%，天津津燃公用涨超16%，中国基础能源涨超14%，中裕能源涨近14%，天伦燃气涨超11%，中油洁能控股涨10%，新奥能源涨超5%。 在卡塔尔因中东冲突蔓延而停止全球最大液化天然气出口设施的生产后，欧洲天然气价格连续第二日暴涨，周二盘中再度飙升32%。另外，自伊朗战争爆发以来，英国的天然气价格已经上涨了93%。

欢乐家（300997）公告，股东李兴计划通过询价转让方式减持1093.68万股，占公司总股本的2.50%，占剔除公司已回购股份后的总股本的2.62%。此次转让不通过集中竞价交易或大宗交易方式进行，受让方受让股份后6个月内不得转让。

sankai/iStock via Getty Images Fund performance Performance in the final quarter of 2025 was disappointing: while the Fund rose by 1.92%, it underperformed the benchmark by 278 basis points. This was driven mainly by negative stock selection effects in the energy, financials, healthcare and materials sectors. 1 Within energy, Reliance Industries weighed on relative returns. With a 6.8% benchmark weight, the index bellwether's strong performance created a drag given that we do not own the stock, or its subsidiaries, due to longstanding concerns around corporate governance and capital allocation. Its size means Reliance can create volatility in our relative performance year-to-year. Our holding in Aegis Logistics in this sector also underperformed despite the company's results beating market expectations. The delay in the commissioning of a major pipeline in India pressured the stock. With Aegis already announcing the bulk of its capex until financial year 2030, execution risk is something we are watching closely. In the financials sectors, the Fund's holding in Aptus Value Housing Finance underperformed despite the company reporting solid profitability for the September quarter. Underlying trends pointed to moderating growth, margin compression and rising credit costs. Fundamentally, Aptus remains stable with continued pricing power. Among our private lenders, shares of Karur Vysya Bank, a relatively new initiation, did well, benefitting from sector-level lending growth momentum and improving asset quality trend. However, ICICI Bank was a detractor amid near-term overhang from potential management transition. Cumulative and annualized total return as of 12/31/25 (%) NAV Market Price MSCI India Index (Net TR) 1 month -1.53 -5.12 -0.49 3 months 1.40 -0.19 4.78 Year to date -6.04 0.85 2.62 1 year -6.04 0.85 2.62 3 years (p.a.) 9.91 10.48 11.30 5 years (p.a.) 5.53 6.84 9.88 10 years (p.a.) 7.84 8.40 9.70 Click to enlarge Past Performance is no guarantee of future results...

格隆汇3月3日｜瑞穗将塔吉特的目标价从88美元上调至100美元，维持“中性”评级。(格隆汇)

tadamichi/iStock via Getty Images Beneath the revenue beat, Circle’s ( CRCL ) reserve-driven earnings remain intact, and USDC scale has proven resilient to crypto price volatility, yet the emerging regulatory risk around reserve income sharing casts new uncertainty over its critical Coinbase ( COIN ) distribution partnership. In Q4 2025, Circle reported total revenue and reserve income of $770 million and ended the year with $75.3 billion USDC in circulation, up 72% year over year. With the results beating expectations, the stock reaction was immediate. The deeper investment takeaway sits beneath the headline revenue beat. Circle's earnings model can be framed as "rate + USDC scale + distribution economics" , though the company is trying to reposition itself toward payment infrastructure and application-layer revenue streams. Despite an almost 50% decline in Bitcoin’s price and the broader crypto market weakness, total stablecoin supply remained stable, a dynamic not seen in prior crypto bear markets. Stablecoins have decoupled from crypto market price volatility, making the "scale" component in Circle's business model less of a concern. The real uncertainty now lies in distribution economics. Recent OCC interpretations tied to the GENIUS Act raise questions about whether exchange-based reward structures linked to USDC could be viewed as impermissible yield pass-through. If regulators constrain how reserve income can be shared through distribution partners, the long-standing Circle–Coinbase commercial arrangement may face pressure. Brief Q4 Snapshot & Circle's Earning Model Circle’s Q4 2025 press release reported USDC in circulation of $75.3 billion at year-end and total revenue and reserve income of $770 million. Management also reiterated KPI guidance calling for a multi-year, through-cycle 40% CAGR in USDC in circulation. Two details about Circle's business model stand out. First, Circle's revenue engine remains largely reserve-income driven. The company disclose...

小鹏汽车Robotaxi正在广州开展公开道路测试，计划年内开放试乘 最近几年，小鹏汽车自动驾驶技术路线激烈转向，新一代Robotaxi需要从头开始路测。图：视觉中国 【财新网】 小鹏汽车新一代Robotaxi（自动驾驶出行）车型已通过第三方场地测试，并取得广州智能网联汽车道路测试许可，正在进行公开道路测试。小鹏汽车3月2日公布上述进展。公司董事长何小鹏进一步提出，“完全自动驾驶”有望在未来1年至3年内实现。 国际自动机工程师学会将自动驾驶技术划分为L0至L5共六个级别，其中，L3及以上为自动驾驶。中国国家标准《汽车驾驶自动化分级》也把自动驾驶分为六个级别，与国际标准基本对应。Robotaxi是L4级自动驾驶的典型应用。

当地时间3月3日，乌克兰总理斯维里坚科表示，乌克兰已收到国际货币基金组织（IMF）依据新的四年期计划拨付的首笔援助款项。斯维里坚科称，这笔15亿美元的资金已纳入国家预算，该计划总规模为81亿美元。斯维里坚科介绍称，自冲突全面爆发以来，乌克兰国家预算已累计获得国际货币基金组织提供的149亿美元财政援助。(央视新闻)

B&G Foods ( BGS ) declares $0.19/share quarterly dividend , in line with previous. Forward yield 14.67% Payable April 30; for shareholders of record March 31; ex-div March 31. The company has now announced a dividend of $0.19 for fourteen consecutive quarters. See BGS Dividend Scorecard, Yield Chart, & Dividend Growth. More on B&G Foods Sell B&G Foods Before The Dividend Gets Slashed Small-cap stocks with highest dividend yield grade B&G Foods picks up broth and stock brands out of Del Monte's bankruptcy Seeking Alpha’s Quant Rating on B&G Foods Historical earnings data for B&G Foods

大部分在伊朗中国公民已撤离。（澎湃新闻） 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

尽管人们很容易认为，自上周末伊朗遭袭后，美元久违的 “避险” 属性已回归，但事实并非如此简单，美元走强更多源于相对能源格局的变化。不过，市场这一反应的影响可能同样深远。 自去年特朗普重返白宫以来，即便在市场焦虑与波动期，美元也持续走弱，这在很大程度上源于美国经济政策的不确定性，以及国内与地缘政治的动荡。 扭转美元多年来的高估态势，是特朗普政府经济计划的核心原则之一。但在全球政治或金融压力下，美元避险角色的弱化表明，早已重仓美国资产的海外投资者，已改变了行为模式。 因此，上周末美以联军对伊朗目标发动大规模空袭（包括刺杀伊朗最高领袖 阿里 ・哈梅内伊）及后续地区暴力升级后，美元全线跳涨，这一表现格外引人注目。 美元走强的核心，更多取决于不可避免的能源价格动态，而非市场对美元本身的追捧。事实上，这更像是一种被动选择 —— 资金撤离那些受能源价格大幅、持续挤压冲击最严重经济体的货币。 被动走强的美元 如今美国已是石油及整体能源产品的净出口国。周一全球油价最初飙升 10%，若供应中断持续数周甚至数月，需求将遭受重创，这一担忧对其他主要货币的冲击远大于美元。 这也是为何日元等传统避险货币此次未获资金青睐 —— 周一兑美元暴跌超 1%。日本能源进口成本高昂，且约三分之一的能源进口需经霍尔木兹海峡。 法国兴业 银行外汇策略师基特・朱克斯表示：“这对东北亚货币而言并非利好结果。” 他补充道，特朗普目前释放的最重要信号是，美国军事行动将持续数周，而非数日。 对欧洲而言，局势更为复杂。航运袭击实际上关闭了霍尔木兹海峡通道 —— 全球 20% 的液化天然气、多达 30% 的原油经此运输，欧洲天然气敞口进一步承压。 周一欧洲基准天然气价格一度飙升近 50%，创一年多来新高，收盘上涨 35%，促使欧盟天然气供应组织定于周三召开紧急会议。 去年美国供应了欧盟 58% 的液化天然气。占欧盟进口量 6% 的卡塔尔，周一遭伊朗袭击后关闭了生产设施。 欧元兑美元下跌 1%，创一个多月来新低。 瑞郎长期以来不受欢迎的避险地位依然有效，但瑞士央行对抗通缩的努力，以及重申将干预抛售瑞郎以压制汇率的承诺，令这一局面变得复杂。 粗略测算？ 巴克莱经济学家认为，全球范围内，油价每持续上涨 10 美元 / 桶，将拖累全球经济增长至多 0.2 个百分点。若油价突破 100 美元 / 桶的预测成真，经济将受到明显冲击。 ...

当升科技（300073）公告，公司2024年管理层与核心骨干股权增持计划（883915）已通过“云南国际信托有限公司-云南信托-与奋斗者同行当升科技（300073）员工持股第五期管理服务信托”于二级市场购入120.32万股，占公司总股本0.22%，成交均价39.28元/股，成交总金额4725.67万元，锁定期12个月(2025年3月5日至2026年3月4日)已届满，后续将根据市场情况择机分批卖出，计划存续期36个月。

文章提及标的 泰祥股份 -- 泰祥股份（301192）公告，控股股东、实际控制人王世斌一致行动人十堰众远股权投资中心(有限合伙)于2026年1月21日至2026年3月2日通过集中竞价减持公司股份99.57万股，减持均价31.97元/股，占总股本1.00%，减持后持股402.76万股，占4.03%。王世斌、姜雪及其一致行动人合计持股7011.93万股，占70.19%，公司控制权未变。

美股恐慌指数VIX上涨18%，最新报25.36点。 免责声明： 风险提示：本文内容仅供参考，不代表同花顺观点。同花顺各类信息服务基于人工智能算法，如有出入请以证监会指定上市公司信息披露平台为准。如有投资者据此操作，风险自担，同花顺对此不承担任何责任。

格隆汇3月3日｜随着投资者担心油价上涨将推高通胀并使利率维持在高位，英国国债收益率走高。市场降低了对英国央行未来几个月降息的预期，导致基准国债收益率攀升。根据Tradeweb的数据，英国10年期国债收益率上涨9.1个基点，达到4.469%，创下2.5周以来的新高。

格隆汇3月3日｜据央视财经，中东局势升级对全球航运造成的影响正在发酵，导致我国的一些外贸企业中东方向的出货面临不确定性，目前仍在运营的部分航运公司也上调了运费。在浙江宁波的一家外贸企业，企业负责人表示，这批准备出口到中东地区的洗衣机早上已经装车，但因船期有变而暂停装货，最终把这些货柜又全部都卸回仓库。从物流企业了解到，目前迪拜的杰贝阿里港已经暂停作业，科威特和沙特阿拉伯的港口正常运营；巴林的港口暂停作业，卡塔尔、阿曼的部分港口存在一定作业限制。部分船公司暂停了中东区域订舱，还在运营的一些船公司开始征收紧急冲突附加费和战争风险附加费。业内人士称，2023年年底开始，红海运行受阻，多数船公司就已经选择绕行好望角。日前，多家船公司宣布取消重返红海航线的计划，这意味着船公司将继续绕行好望角。