Complex CEO Aaron Levant discusses teaming up with Fanatics to launch 'Complex Bets', a sports betting and trading content platform aimed at bringing pop culture to the betting and predictions market. He talks with Katie Greifeld on "The Close." (Source: Bloomberg)

Is Astera Labs’ (ALAB) Expanded Index Access Quietly Reframing Its Long-Term Capital Strategy? simplywall.st

纽约联储行长约翰·威廉姆斯表示，能源价格上涨给通胀和就业带来的风险“处于平衡状态”，并且他倾向于维持利率不变。 “鉴于我们去年采取的措施以及目前的处境，货币政策实际上处于能够保持这些风险平衡的有利位置，而这正是我们需要做的，”威廉姆斯周四接受福克斯商业频道采访时表示。 纽约联储行长约翰·威廉姆斯 在3月维持利率不变后，美联储官员正努力评估能源价格飙升对通胀和经济增长的影响。美联储主席杰罗姆·鲍威尔周一表示，当前货币政策处于良好位置，可以评估伊朗战争对经济的影响。 威廉姆斯还表示，他认为非银行贷款领域的损失并未构成系统性风险。 “目前我不认为这对我们的体系构成系统性风险，”他说，指出政策制定者正在“密切关注”银行的敞口。 当被问及部分私募信贷基金是否可能“大到不能倒”时，他回应称“绝对不是”。 责任编辑：丁文武

Now's the time to assess your financial situation.

Key PointsIf you're two years from a potential retirement date, it's important to assess your financial situation.

俄罗斯总统普京2日同沙特阿拉伯王储兼首相穆罕默德通电话，讨论当前中东地区军事冲突的快速升级及其影响。克里姆林宫说，双方强调必须尽快停战。据克里姆林宫网站发布的消息，双方对中东地区军事和政治局势恶化、平民伤亡、重要战略设施损毁表示严重关切，并强调必须尽快停战，对各方合法利益给予必要考量，为实现争端长期解决而加大政治和外交努力。普京和穆罕默德王储指出，当前危机所引发的能源开采和运输问题正对全球能源安全造成负面影响。因此，双方强调俄罗斯与沙特在“欧佩克+”框架下开展协作对于稳定世界石油市场的重要意义。据沙特通讯社报道，普京重申，俄罗斯支持沙特维护主权和领土安全。（新华社）

British Columbia , the western Canadian province that once boasted a top AAA credit rating, was downgraded by S&P Global Ratings for the fifth time since 2021 on Thursday. “Budgetary imbalances are expected to remain among the highest of all rated non-US local and regional governments beyond the outlook horizon,” S&P said in a statement. The downgrade comes weeks after Canada’s third-most populous province released its annual budget, and on the heels of a separate downgrade from Moody’s Ratings last month. Before its string of rating cuts, BC held an AAA rating with S&P for 14 years. British Columbia’s fiscal trajectory means “the province’s debt burden is also rising at a fast pace, placing it, on a per operating revenue basis, at 255%,” S&P said. “This is among the highest for Canadian provinces by fiscal 2029.” As for the broader economy, BC’s output will be subdued thanks to lower immigration and trade uncertainty, S&P added. Read More: BC to Cut 15,000 Jobs But Spending and Debt to Rise Anyway

特朗普再次对伊朗基础设施发出威胁，试图以此向德黑兰施压。就在一天前，他誓言继续推进战争，引发全球市场和经济动荡。 “伊朗最大的桥梁坍塌，再也无法使用——后续还会有更多！”特朗普在社交媒体上发布了一段视频并配文写道，“伊朗是时候达成协议了，否则就太晚了，届时一切都将不复存在，而它原本可以成为一个伟大的国家！” 伊朗外交部长阿拉格齐在社交媒体发帖表示，打击民用设施“不会迫使伊朗人投降”。周四早些时候，伊朗半官方的法尔斯通讯社报道称美以空袭击中了多个目标，其中包括一座连接德黑兰和卡拉季市的桥梁。 战争接近五周之际，特朗普的言论以及对伊朗的持续打击，使美国及其伙伴与伊朗达成协议并重开霍尔木兹海峡的尝试变得更加复杂。 法尔斯通讯社援引伊朗武装部队发言人报道，霍尔木兹海峡将长期对美国和以色列关闭。 美国原油结算价突破每桶110美元，为2022年以来首次，布伦特收于略高于109美元的水平。全球燃料价格持续走高，欧洲柴油价格升破每桶200美元。 责任编辑：丁文武

AlbertPego Italy will begin receiving liquefied natural gas from t he Golden Pass LNG joint venture between QatarEnergy and Exxon Mobil ( XOM ) starting in June, helping plug a potential supply gap caused by disruptions from Qatar due to the Middle East war, Reuters reported Thursday. Italy ​is already receiving LNG from the U.S., but these cargoes would ⁠be the first coming from Golden Pass facilities in Texas to Italy's ​Adriatic LNG terminal, according to the report . Iranian attacks have knocked out 17% of Qatar's LNG export capacity, QatarEnergy's CEO and state minister for energy affairs has said. Golden Pass LNG said earlier this week it had produced its first LNG, paving ⁠the way ​for delivery of an initial cargo; once ​fully operational, the facility will be able to produce 18M metric tons/year. More on Exxon Mobil Exxon Mobil: Boosted By Powerful Pricing And Volume Tailwinds Exxon Mobil: Iran War Creates Earnings Upside Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)

Key PointsVDC carries a much lower expense ratio and has delivered higher one-year returns than RSPS.

da-kuk/E+ via Getty Images JPMorgan Asset Management’s chief global strategist David Kelly on Thursday expressed optimism about the U.S. economic outlook, characterizing current oil market disruptions and tariff-related concerns as temporary headwinds that will fade over the coming months. During an interview with CNBC, Kelly acknowledged that the firm has trimmed its GDP growth estimates for the second quarter, citing weaker-than-expected tax refunds and the ongoing oil price ( CL1:COM ) ( CO1:COM ) pressures. However, he emphasized the importance of looking past near-term volatility. “There’s no way this is not gonna end with oil coming out of the Persian Gulf,” Kelly said, arguing that the U.S. will ultimately need to reach an agreement with Iran to restore normal energy flows to global markets. On inflation, Kelly projected CPI could reach 3.5% to nearly 4% year-over-year by June before declining sharply. He forecasts inflation dropping to the Federal Reserve's 2% goal by year-end and falling below that mark in 2027, driven by lower oil prices, reduced tariffs and declining shelter costs. Kelly also predicted Congress will pass some form of stimulus, possibly tariff rebate checks, over the summer to support the economy ahead of November elections. Looking further ahead, Kelly suggested the U.S. economy’s long-term growth potential is limited to about 1.5%, with productivity gains from artificial intelligence ( AIEQ ) needed to offset a shrinking working-age population. More on the Markets This Reliable Indicator Signals An Imminent Recession AAII Sentiment Survey: Neutral Sentiment Drops Q1 Was A Wild Ride, Here's What I'm Buying For Q2 SA Analyst says markets continue to await clarity as Middle East risks cloud growth outlook U.S. NATO ambassador says Trump “reevaluating” membership

格隆汇4月3日｜据半岛电视台：以色列能源部长表示，在因战争停产一个月后，以色列的利维坦天然气田将恢复运营。

Optical transceiver supplier to Nvidia reports 2025 net income doubled, targets at least $3 billion Hong Kong listing.

Weatherford International ( WFRD ) on Thursday said that it plans to redomesticate its parent company from Ireland to the United States, with Texas as its new legal domicile. The move, expected to be completed in the third quarter of 2026 subject to shareholder and regulatory approvals, aims to simplify the company’s corporate structure and reduce administrative and compliance costs. Weatherford said the shift could also broaden its U.S. investor base and improve access to capital, while enhancing flexibility in managing tax considerations. The company added the redomestication will not affect its global operations or customer commitments. Source: Press Release More on Weatherford International Weatherford: Out Too Early Given The 2026 Macro Weatherford International plc (WFRD) Q4 2025 Earnings Call Transcript Weatherford International plc 2025 Q4 - Results - Earnings Call Presentation Weatherford targets 2026 EBITDA up to $1.12B with margin-focused strategy amid international variability Weatherford International Q4 2025 Earnings Preview

Key PointsThese two companies have lagged broader equities over the past six months.

Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, please sign up here . In the six months since Barrick Mining parted ways with longtime CEO Mark Bristow, it’s done a lot to prepare for an IPO of its premier gold assets. The latest step: tapping Goldman Sachs to lead the transaction, according to people familiar with the matter. Veteran dealmaker Michael Klein, who was involved in Barrick’s 2019 takeover of Randgold Resources, will also advise. The details are being discussed, but the deal could give the new company a valuation of more than $60 billion, Bloomberg Intelligence analyst Grant Sporre wrote late last year. It would be anchored in Barrick’s joint-venture interests in Nevada and a large mine in the Dominican Republic, separating it from operations in riskier jurisdictions, including Mali and Pakistan . Barrick has already chosen the seven-person leadership team for the North American business, which includes existing executives. The IPO work has taken place under new CEO Mark Hill, who was appointed on an interim basis after Bristow’s departure, then made permanent in February. Hill has some work to do to restore investors’ faith. Barrick’s share price has been lifted by bullion’s surge, but since the start of 2024 it has underperformed big-cap gold rivals Newmont and Agnico Eagle. Its market capitalization is $70 billion and arguably should be quite a bit higher — hence the North America spinout. Gold isn’t just driving IPO activity — it’s also shifting Canada’s trade balance. The trade deficit widened in February on increased gold purchases from the US . Also in this newsletter: The industry minister has some thoughts on building electric vehicles . Health Canada restricts Grifols’ blood collection license . And how do you get a tariff refund , anyway? The following was produced with the assistance of Bloomberg Automation. Top stories Ontario Premier Doug ...

US equities were mixed on Thursday as oil prices soared, though Wall Street posted its first weekly

格隆汇4月3日｜美国海军：福特号航母准备重新参与伊朗的行动。

Source: Bloomberg, 49:20

巴基斯坦警方消息人士3日向记者证实，该国西北部开伯尔-普什图省当天凌晨发生一起爆炸事件，造成至少5人死亡、多人受伤。（新华社）

Center for International Policy Vice Chair Joe Cirincione discusses President Trump feeling the pressure as oil continues to surge on prolonged war fears, and why Iran should make a deal before it's 'too late.' He talks with Scarlet Fu and Katie Greifeld on "The Close" (Source: Bloomberg)

The nearest U.S. crude oil delivery contract traded Thursday at the biggest premium in history over the subsequent month, after President Donald Trump vowed to bomb Iran for weeks . West Texas Intermediate prices for May delivery rose more than 11% to close at $111.54 per barrel, or more than $13 above the June price of $98.04 per barrel. It is the biggest spread between the front month and second month in history dating back to 1983. U.S. crude oil prices fell 1.24% on Wednesday to close at $100.12 a barrel before Trump's national address on the war. Trump's previous suggestions that war could quickly end have been effective at depressing prices, said Bob McNally, president of Rapidan Energy. @CL.1 YTD mountain WTI year to date The market had the perception that this nightmare can't go on, McNally said. Prices started rising during Trump's speech as it became clear that a quick end to the war was not in sight. "I suspect there's a lot of shorts who were betting on Trump declaring a ceasefire of some sort and they were sort going into the close," McNally said. "The speech was bullish and so now we're seeing some short covering in the May contract on the settle." Also Thursday, the spot price for current physical cargoes of Brent crude oil soared to $141.36, the highest level since the 2008 financial crisis , according to S & P Global, which tracks the data. The spot price reflects the demand for Brent oil that will be delivered in the next 10 to 30 days. The high price for more immediate oil deliveries points to the tightness of physical supply right now due to the huge disruption trigged by the Iran's closure of the Strait of Hormuz .

Ethan Allen Interiors Chairman, President, & CEO Farooq Kathwari discusses the impact tariffs continue to have on US retailers, and how 'cautious' consumers are still looking to buy. he talks with Katie Greifeld and Scarlet Fu on "The Close." (Source: Bloomberg)

georgeclerk/E+ via Getty Images Franklin FTSE Taiwan ETF ( FLTW ) on the surface looks like a nice way to get broad exposure to a dynamic emerging market. However, its extreme concentration in AI infrastructure with 21.7% in Taiwan Semiconductor Manufacturing Company Limited ( TSM ) alone means it’s heavy on chips, packaging, servers, and power. It’s essentially a semiconductor and artificial intelligence infrastructure bet padded by some financials, which make up 15% as a sector. Investors should therefore know what they’re getting into before committing. Due to an already impressive rally and the cyclical nature of the product, I rate FLTW a Hold. Holdings Concentration Right off the bat we can see that Tech makes up more than 72% of holdings , followed by financials at 15%. Names like MediaTek, Hon Hai Precision Industry Co., Ltd. ( HNHAF ) (better known as Foxconn), Delta Electronics ( DLEGF ), and ASE Technology Holdings Co., Ltd. ( ASX ) are also AI-adjacent, and mostly operate in the hardware supply chain. These companies account for some 21% of holdings which together with Taiwan Semiconductor makes 44.4%. You’re not getting QQQ-like exposure to software and platforms, but are in the tech sleeve purely banking on infrastructure. FLTW tracks the FTSE Taiwan Capped Index, which is market-cap weighted and limits how big the concentration of any one stock or sector can get. However, due to the nature of the market cap methodology and index rules, the fund is naturally geared towards the tech sector. It rebalances every quarter, which means that the top holdings retain their dominance and AI infrastructure is the main focus. Although financials provide some broader exposure and dividends, and small index adjustments can change weights slightly (1-3%), investors must keep in mind that the composition of the ETF is likely to stay structurally geared towards the top holdings. Taiwan Semiconductor is not only the largest holding, but the earnings engine that drives a...

Oil prices remained elevated, however, having soared after a national address late Wednesday from President Donald Trump, where he vowed the U.S. will continue to attack Iran and failed to offer a clear timetable for ending the conflict in the Middle East. The Nasdaq composite rose 38.23 points, or 0.2%, to 21,879.18. The Russell 2000 index of smaller companies rose 17.67 points, or 0.7% to 2,530.04.

Verizon has benefited from a flight to safety and from strong initial reception to new corporate direction. But progress “still needs to be proven over multiple quarters.”

pictafolio/E+ via Getty Images Applied Optoelectronics ( AAOI ) surged 20% by the end of market trading on Thursday as the fiber-optic networking company inked a sizable deal. It was up another 5% during early post-market trading. The Sugar Land, Texas-based company confirmed today it received a new $71M order for 800G single-mode data center transceivers from one of its major hyperscale customers. This customer has now made $124M in orders since mid-March. "This increased order for our 800G transceivers reflects both the customer's confidence in AOI and the growing demand for 800G optics," said Thompson Lin , founder and CEO of Applied Optoelectronics. "Following product qualification, we expect to begin delivering both the initial order—totaling more than $53 million—and this additional order in the second quarter. We anticipate completing delivery of the initial order in the third quarter, with this new order by the end of this year. We also recently shipped the first 10,000 units of an 800G single-mode transceiver order to another hyperscale data center customer." Shares of Applied Optoelectronics have rocketed 200% year-to-date. However, it has been volatile over the past month, with closing prices ranging from $84 to $127 over that time frame. More on Applied Optoelectronics Why I'm Buying Applied Optoelectronics, Despite Its Dark History Applied Optoelectronics: The Future For Light Is Bright I Was Early On Applied Optoelectronics, Here's What's Next Applied Optoelectronics secures $71 million order for 800G transceivers Memory, storage and optical stock declines drag down chip sector

周四美股成交额第1名 特斯拉 收跌5.44%，成交292.47亿美元。特斯拉一季度交付不及预期，电动车市场持续承压。该公司公布的2026年第一季度交付数据低于华尔街预期，这是该公司连续第二个季度未能达到市场预估，反映出传统汽车业务面临的持续挑战。 特斯拉周四宣布，2026年第一季度全球交付量为358023辆。这一数字低于分析师平均预期的372160辆，也低于Visible Alpha的368903辆预期。 分车型来看，Model 3和Model Y合计交付341893辆，同比增长约5.6%。其他车型（包括Cybertruck以及即将停产的Model S和Model X）交付16130辆。 第2名英伟达收高0.93%，成交248.44亿美元。周四有报道称，因算力紧张，英伟达四年前发布的H100租赁费用近半年竟然飙升近40%。 该报道称，英伟达在2022年3月GTC上发布、同年秋季开始出货的产品H100芯片在租赁市场迎来身价“V型”反转的高光时刻。 据半导体研究机构SemiAnalysis周四推出的“H100一年期租赁合约价格指数”，这款“老芯片”的租赁合约价格从2025年10月触及每小时1.7美元后，已经在今年3月飙升至每小时每块GPU 2.35美元，飙升近40%。 第3名 美光 收跌0.44%，成交182.98亿美元。瑞穗称美光、 闪迪 抛售过度，重申“跑赢大盘”评级。该机构正在反驳近期美光科技和闪迪的抛售行情，认为投资者对潜在“存储周期见顶”的担忧可能被夸大。 在给客户的一份报告中，瑞穗分析师维贾伊·拉凯什表示，这两只个股的疲软可能反映的是市场情绪而非基本面，并指出与人工智能相关的结构性需求驱动因素可能持续增强而非消退。 拉凯什强调了AI效率方面的最新进展，包括2025年首次探索的TurboQuant——现在有更多结果显示其推理性能得到改善——以及 谷歌 新发布的算法。他认为，这类进步可能强化一种熟悉的模式：更高的效率驱动更大的使用量。他引用了以往的周期——虚拟化最终增加了服务器需求，以及2025年DeepSeek推出之际，尽管最初有人担心增长放缓，但AI增长反而加速。 展望未来，拉凯什指出了多项可能进一步支撑存储需求的技术变革，包括从铜缆向带宽显著更高的光网络过渡——他认为这可能会增加而非减少AI服务器的资本支出。他还指出，KV缓存压缩技术有望支持更大规模的语言...

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Ingersoll Rand Inc (Symbol: IR) has taken over the #302 spot from Xylem Inc (Symbol: XYL), according to The Online Investor. Market capitalization is an important dat

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Prudential Financial Inc (Symbol: PRU) has taken over the #274 spot from Kimberly-Clark Corp. (Symbol: KMB), according to The Online Investor. Market capitalization i