Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR E

格隆汇3月3日｜美国国务卿鲁比奥：希望伊朗人民能够推翻政府。

格隆汇3月3日｜以色列军方对黎巴嫩数个城镇发布撤离警告，暗示即将发动袭击。

Operating three offshore platforms in California, Sable Offshore Corp. supplies crude oil and natural gas to U.S. customers.

Key PointsShay Capital sold 641,728 shares of Sable Offshore for an estimated $6.06 million in the fourth quarter.

Former British and Irish Lions wing Anthony Watson says he memorised answers to circumvent head injury protocol in the 2017 series in New Zealand.

The National Association of Financial Market Institutional Investors China’s interbank market regulator has unveiled new rules for technology and innovation bonds, aiming to steer more funding into “hard tech” sectors and address a structural imbalance that has favored state-owned giants over private firms. The National Association of Financial Market Institutional Investors (NAFMII) on Monday released updated guidelines, set to take effect March 9. The measures build on a framework introduced in May 2025 that established a dedicated “sci-tech board” in the bond market. The changes are intended to better support technology companies at various stages of growth, NAFMII said in a notice.

格隆汇3月3日｜美国总统特朗普政府停用Anthropic人工智能技术产品后，OpenAI火速与美国国防部达成协议，将在国防部机密网络中部署OpenAI模型。事件触发OpenAI用户声讨及发起抵制运动，短时间内有70万人取消订阅、甚至卸载ChatGPT，并转投Anthropic旗下Claude。获得大量用户支持的Anthropic Claude一举登顶美国地区APP商店免费下载榜，OpenAI的ChatGPT、谷歌Gemini则分列第二及第三位。Claude此前出现故障率升高的情况，或于访问量大幅上升有关。

当地时间3月2日晚，伊拉克民兵武装“伊斯兰抵抗组织”宣称对当天科威特境内的美军基地遭袭事件负责。

格隆汇3月3日｜据伊朗塔斯尼姆通讯社：美国和以色列再次对德黑兰中部、南部和东部的多个地点发起导弹袭击。

The 260-day moving average could catapult BABA higher

Monument Mining press release ( MMY:CA ): Q2 GAAP EPS of $0.06. Revenue of $49.2M. More on Monument Mining Seeking Alpha’s Quant Rating on Monument Mining Historical earnings data for Monument Mining Financial information for Monument Mining

HeliRy/E+ via Getty Images The cost of shipping crude oil from the Middle East to China skyrocketed to the highest level on record Monday, Bloomberg reported, as the U.S.-Iran conflict disrupts shipping through the Strait of Hormuz. The rate for Very Large Crude Carriers, which can carry 2M barrels of crude or more, on the industry's benchmark Middle East-to-China route climbed to $424K/day, according to data from the Baltic Exchange in London, and the cost for booking a tanker from the U.S. Gulf Coast to China also reportedly hit a record of more than $21M for the full voyage. Iran's Islamic Revolutionary Guard Corps claimed to have attacked the United Arab Emirates-controlled tanker Athe Nova in the Strait of Hormuz, claiming the vessel ​was providing fuel for U.S. Navy ships. South Korean firm Sinokor, which has taken a dominant position in the global market for oil tankers, is asking for sky-high charter rates to deliver Middle Eastern crude, according to Bloomberg, with the benchmark route for VLCCs said to have reached 700 industry standard Worldscale points, a more than threefold increase from Friday. Insurance companies have canceled war risk coverage for vessels in the Persian Gulf amid the widening ​conflict, as Iran has hit at least seven ships of various types. R elevant stocks trade mixed, including Tsakos Energy Navigation ( TEN ) +4.8%, Frontline ( FRO ) +4%, Nordic American Tankers ( NAT ) +3.7%, Flex LNG ( FLNG ) +2.6%, Torm ( TRMD ) +2.4%, Okeanis Eco Tankers ( ECO ) +2.1%, Dorian LPG ( LPG ) +1.5%, Ardmore Shipping ( ASC ) +1.4%, International Seaways ( INSW ) +0.8%, Hafnia ( HAFN ) +0.7%, Teekay Tankers ( TNK ) -0.1%, DHT Holdings ( DHT ) -0.2%, CMB.Tech ( CMBT ) -0.8%, Scorpio Tankers ( STNG ) -1%. ETFs: ( BWET ), ( BOAT ) More on Teekay Tankers, Nordic American Tankers and Frontline Teekay Tankers: A Strong Q4 2025 And An Even Stronger Q1 2026 In Sight Nordic American Tankers: Don't Be Fooled By The Elevated Dividend, Better Options Exist Front...

mirsad sarajlic/iStock via Getty Images Trifecta Shaping U.S. Markets: Iran War, AI, Wholesale Inflation Coordinated U.S.-Israel airstrikes on Iran, the blacklisting of Anthropic’s ( ANTHRO ) artificial intelligence, and January wholesale inflation have prompted a spike in market volatility. Last week, economic data showcased hotter-than-expected core wholesale prices, up 0.8%. U.S. Treasuries rallied Friday morning, driving yields lower across the curve, as the 10-year Treasury yield dipped below 4% for the first time since November 28, 2025. Overall, the PPI news sent Wall Street tumbling, with the S&P 500 notching its worst month since March 2025. S&P 500 Trends toward worst month since March 2025 (Bloomberg) Historically, when PPI (2.9%) outpaces CPI (2.4%), it puts S&P 500 margins under pressure, contributing to the volatility we’ve seen in tech, along with AI-driven and credit fears. Companies can only absorb so much price pressure before passing it on to the consumer. Over the last five years, some of the CPI price increases include: Gas Utilities: +46.2% Fuel Oil: +45.8% Transportation: +43% Electricity: +36.8% Gasoline: +36.2% Food away from home: 30.2% Shelter: +28.3% Family Health Insurance: +26.5% Food at home: +25.5% Used Cars: +19.9% New Cars: +19.2% January’s 3.6% year-over-year increase in wholesale prices likely reinforces that the central bank is unlikely to cut rates soon. This is likely to create opportunities for investors to diversify beyond past tech winners amid a shift away from concentrated large-cap growth stocks. All Eyes on Iran's Oil & Gas Assets (Bloomberg) Then, consider the latest geopolitical shocks from the escalation of war in Iran and risk-off sentiment. The Strait of Hormuz is considered one of the world’s most important oil transit points. Following the U.S.-Israel airstrikes, the likelihood of supply-chain and oil disruption has increased, creating a surge in oil prices, potential inflationary and economic growth impacts. The ...

US President Donald Trump’s 2026 Trade Policy Agenda sharpens and, in some ways, reshapes Washington’s approach to Beijing, blending enforcement with a new emphasis on “managed” trade between the world’s two largest economies. United States Trade Representative (USTR) Jamieson Greer delivered the 2026 Trade Policy Agenda and 2025 Annual Report to Congress on Monday, highlighting a significant shift in the US-China trade relationship. Managing trade with China for “reciprocity and balance” is one...

Some people have posted on social media sites like Reddit and X that they are boycotting ChatGPT and switching to Claude.

Grafissimo/E+ via Getty Images Goldman Sachs Research analysts updated their U.S. conviction list Monday as the new month kicked off, adding ConocoPhillips ( COP ) and Loar Holdings ( LOAR ) while removing Huntington Ingalls Industries ( HII ), MSG Entertainment ( MSGE ) and Valero Energy ( VLO ) On COP, "the oil major is on the cusp of a positive free cash flowinflection over the next three years as it transitions from a long period of heavy project investment to boost its oil reserves into a new period of ‘investment harvesting’ characterized by major projects coming online and capex diminishing — all set against an improving oil macro," according to a note written to clients. For LOAR: "the aerospace parts supplier is one of the highestquality Aerospace & Defense ‘earnings compounders,’ with very strong margins and free cash conversion, and still in the early stages of long-term growth and margin expansion." Here is Goldman's full U.S. conviction list, along with their overall Seeking Alpha Quant ratings: Consumer: Dick's Sporting Goods ( DKS ), Quant Rating: Hold (2.87) Hershey Company ( HSY ), Hold (3.43) Kontoor Brands ( KTB ), Hold (2.74) McDonald's ( MCD ), Hold (3.24) Wynn Resorts ( WYNN ), Hold (2.70) Financials: Ares Management ( ARES ), Sell (2.40) Bank of America ( BAC ), Hold (3.28) Brixmor Property Group ( BRX ), Hold (3.02) Healthcare: Abbott Laboratories ( ABT ), Hold (3.13) Johnson & Johnson ( JNJ ), Hold (3.44) Industrial: Air Products and Chemicals ( APD ), Hold (3.06) Loar Holdings ( LOAR ), Sell (2.06) Natural Resources: ConocoPhillips ( COP ), Hold (3.25) Duke Energy ( DUK ), Hold (3.17) Golar LNG ( GLNG ), Hold (2.78) TMT: Broadcom ( AVGO ), Hold (3.47) Celestica ( CLS ), Strong Buy (4.78) DoorDash ( DASH ), Hold (2.81) Keysight Technologies ( KEYS ), Strong Buy (4.90) ServiceNow ( NOW ), Hold (3.22) More on ConocoPhillips, Loar Holdings, etc. Loar Holdings Inc. (LOAR) Q4 2025 Earnings Call Transcript Loar Holdings Inc. 2025 Q4 - Results - Ea...

With international value stocks exerting leadership, the Schwab International Equity Dividend ETF is a fund to consider.

Arab–Israeli war in 1973 and the oil embargo that followed shows that stocks don’t always rebound quickly.

Key PointsOvershadowed by its domestic peer, the Schwab International Equity Dividend ETF merits closer examination.

Rasi Bhadramani/iStock via Getty Images Delcath Systems, Inc. ( DCTH ) offers a liver-directed chemotherapy system, which is currently used to treat metastatic uveal melanoma patients. The business has been negatively impacted by pricing pressure and seasonality in recent quarters but is generally progressing. Delcath continues to expand its treatment sites and sales force, which should lead to strong growth in 2026. There should also be tailwinds from clinical data demonstrating PHP's efficacy in combination with immunotherapies. Investor concerns primarily relate to slow hospital onboarding, market size, and profitability. While the uveal melanoma opportunity is small, it is probably more than sufficient to justify Delcath’s current market capitalization. Delcath is also targeting expansion into breast cancer and CRC, which would dramatically increase its TAM. I previously suggested that temporary headwinds were no cause for concern, although Delcath's stock has been fairly flat since then. I continue to believe that this is the case, even if moderating growth and depressed margins are likely to weigh on the stock in the short term. Delcath Business Updates Delcath had 25 active sites in early November and was targeting 26-28 by the end of 2025. Recent commentary suggests that the company fell short of this target, though, as it currently has 28 active sites , 3 of which were added in 2026. Delcath is now targeting 40 active treatment centers by the end of 2026, although the pace at which it can add new sites is a source of uncertainty. The target isn't overly ambitious, though, given that Delcath added 14 new sites in 2025 and is significantly expanding its sales force. Delcath recently expanded its U.S. sales force from 4 to 6 regions and plans on expanding to 9 regions by the second quarter of 2026. This will enable the company to maintain a steady pace of site onboarding while servicing existing accounts. Site additions are expected to be stronger in the secon...

Canadian investment firm Avenue Living Asset Management Ltd. is suspending redemptions at two multibillion-dollar real estate funds for months while their boards consider whether to take them public. The Calgary-based manager said the boards of Avenue Living Real Estate Core Trust and Mini Mall Storage Properties Trust have started a review to evaluate the best way to create value for investors. The firm’s management has recommended both funds pursue a “go-public transaction.” In the meantime, investors seeking to withdraw capital will have to wait. “To preserve flexibility and ensure the equitable treatment of all unitholders during this process, the Trusts will delay the settlement of redemptions for an initial period of up to six months,” the company said in a statement Monday. The delay is effective March 31. That’s the date the funds would have had to pay shareholders who redeemed at the end of February. The trusts also won’t accept any new capital while the strategic review is going on. The two trusts make up the bulk of Avenue Living’s roughly C$9.8 billion ($7.2 billion) of assets under management, according to the firm’s website. One fund invests primarily in apartment properties in western Canada, while the other owns self-storage assets. Avenue Living also oversees an agriculture fund. Both trusts list Avenue Living as asset manager, with Invico Capital Corp. serving as fund manager. The move comes at a challenging moment for Canadian alternative-asset managers, many of whom marketed private real estate and credit vehicles as relatively stable income generators while offering periodic redemption windows. Read more: Canadians Furious After Real Estate Funds Lock Up $22 Billion As higher interest rates and property-market volatility weigh on valuations and cash flows, some firms have turned to “gating” mechanisms or redemption delays limit the flow of money going out the door. Invico, also based in Calgary, recently adopted what it called a “structured liqu...

Unlike its predecessor, the iPhone 17E supports MagSafe. | Image: Apple The iPhone 17 lineup now has a "budget" option. Announced this week , the iPhone 17E will hit stores on Wednesday, March 11th, starting at $599, with preorders opening on March 4th. The 6.1-inch phone joins the rest of Apple's iPhone 17 lineup, which includes the iPhone 17 ($799), the more powerful iPhone 17 Pro ($1,099), and the iPhone 17 Pro Max ($1,199), as well as the ultra-thin iPhone Air ($999). Unlike last year's iPhone 16E , the 17E features MagSafe and Qi2 wireless charging, along with the faster A19 chip found in the iPhone 17 and twice as much base storage (256GB vs. 128GB). It also features a sharper, more durable display, retains … Read the full story at The Verge.

山東設全國首個物流前置監管倉 加快貨物通關流程 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內地的物流倉庫以往要先將貨物運送至海關查驗，辦妥手續後才可重新入箱。為了簡化程序，山東最近設立全國首個「前置監管倉」，「一站式」完成分類、查驗及入箱，減省所需程序和時間。 在山東威海臨港區一個電商平台的倉庫裡面，有工作人員將貨物包裝分類，之後直接送到旁邊的「前置監管倉」辦理通關手續，只需幾秒時間，貨物便完成申報，即場入箱。山東威海海關駐郵局辦事處主任潘吉紅：「以往企業完成打包分揀以後，要把貨物統一運到海關監管場所查驗，辦完手續再重新裝箱。前置監管倉相當於把海關監管場所直接搬進企業倉庫，監管環節嵌入作業流程，企業在倉內就能完成申報、查驗、裝箱等全流程通關手續。」 現時跨境電商出口發貨頻率高，而且貨物種類較多，「前置監管倉」模式有利加快通關流程。有物流企業說在新模式下約三成商品可提前一日發運，平均通關時間較以往快3小時，國內物流成本亦減輕超過兩成。

Kristina Kokhanova/iStock via Getty Images The Allstate Corporation ( ALL ) released Q4 and full-year 2025 earnings last month. I decided it was a good time to follow up and see if there's much potential in the stock now. I feel much like I did last time: It's a big company in a competitive space that will struggle to grow much. Summary Of Previous Thesis When I wrote about Allstate a year ago , I gave the stock a Hold rating. In essence, I observed they'd made improvements and cut costs, but I was skeptical of their growth. With a Price/Tangible Book over 3, I figured upside was limited, while risks of a down cycle were not priced in much at all. Screenshot from previous thesis (ValuePenguin) Their market share of auto insurance was already quite high, and something they struggled to keep up against the likes of State Farm, Progressive ( PGR ), and GEICO ( BRK.A )/( BRK.B ). Their plan for growth was to capture share in homeowner's markets, even while many in that industry were exiting markets where the underwriting was too difficult. I wasn't sure how well they could execute. In the end, I concluded: It's difficult to imagine how we get a good price for this future at Price/Tangible Book of 3.11, especially when much lower valuations have been offered when it was a smaller company. For me, it really is simple arithmetic, and until a favorable asymmetry presents itself on the market, I'm keeping it safe and rating ALL a Hold for now. 2025 Results And Updates Now is a chance to reflect on how much they accomplish some of their 2025 goals. In a very basic sense, 2025 was a year of growth for them, with revenue and net income up. Revenue Growth (2025 Form 10-K) Revenue grew from $64.1B to $67.7B for the year, the biggest contributors being their personal lines products. Personal Lines Revenues (2025 Form 10-K) Revenue from auto insurance grew from $36.5B to $38.1B, while homeowners grew from $13.4B to $15.4B. There was improvement in earnings as well, but it didn't al...