Nvidia (NVDA 3.17%) is currently the world's largest company, with a market cap of $4.4 trillion. However, I think that over the next three years, it could grow to $10 trillion. If that view proves accurate, Nvidia would be a no-brainer stock to buy at today's prices. The math for a megacap to more than double Nvidia grew to its current massive size thanks to insatiable demand for its artificial intelligence (AI) processors. Companies cannot get enough of its computing units, which allows it to charge premium prices and book massive profits. And demand doesn't seem to be slowing down. Nvidia projects that annual global data center capital expenditures will rise to $3 trillion to $4 trillion by the end of 2030. With the big four AI hyperscalers -- Meta Platforms, Microsoft, Amazon, and Alphabet -- spending around $650 billion on capex this year, there's still a massive runway for growth. For 2025, Nvidia estimated that total data center spending would be around $600 billion, and estimating that this spending will double in 2026 seems to make sense based on what the hyperscalers' projections are telling us. Expand NASDAQ : NVDA Nvidia Today's Change ( -3.17 %) $ -5.66 Current Price $ 172.90 Key Data Points Market Cap $4.2T Day's Range $ 171.73 - $ 178.11 52wk Range $ 86.62 - $ 212.19 Volume 6.5M Avg Vol 174M Gross Margin 71.07 % Dividend Yield 0.02 % Nvidia's growth lines up with this projection for the most part, as analysts' consensus estimate is for its revenue to rise around 70% this year. While it's likely that its growth will moderate with each passing year, we're nowhere near the totals that the company believes we will hit. But how long will it take Nvidia to hit a $10 trillion market cap if this growth rate continues? First, we need to set a reasonable valuation. Because the company is a top-notch executor, I think valuing it at 30 times earnings is fair. So it would need to produce an annual net income of $300 billion. Nvidia's profit margin has consistently...

Key Points Demand for Nvidia's powerful processors continues to grow. A $10 trillion market cap is in reach if AI demand persists for a couple more years. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) is currently the world's largest company, with a market cap of $4.4 trillion. However, I think that over the next three years, it could grow to $10 trillion. If that view proves accurate, Nvidia would be a no-brainer stock to buy at today's prices. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The math for a megacap to more than double Nvidia grew to its current massive size thanks to insatiable demand for its artificial intelligence (AI) processors. Companies cannot get enough of its computing units, which allows it to charge premium prices and book massive profits. And demand doesn't seem to be slowing down. Nvidia projects that annual global data center capital expenditures will rise to $3 trillion to $4 trillion by the end of 2030. With the big four AI hyperscalers -- Meta Platforms, Microsoft, Amazon, and Alphabet -- spending around $650 billion on capex this year, there's still a massive runway for growth. For 2025, Nvidia estimated that total data center spending would be around $600 billion, and estimating that this spending will double in 2026 seems to make sense based on what the hyperscalers' projections are telling us. Nvidia's growth lines up with this projection for the most part, as analysts' consensus estimate is for its revenue to rise around 70% this year. While it's likely that its growth will moderate with each passing year, we're nowhere near the totals that the company believes we will hit. But how long will it take Nvidia to hit a $10 trillion market cap if this growth rate continues? First, we need to set a reasonable valuation. Because the company is a top-no...

3月23日，针对阿里（BABA）云将推出JVS Book(笔记本终端)与JVS Box（BOX）(迷你主机)等硬件产品传言，阿里（BABA）云回应称，JVS Claw致力为用户提供更便捷、安全的养虾环境，目前专注在移动端和网页端上，未来将提供更多形态的养虾入口，包括云电脑终端硬件等。(第一财经)

Liudmila Chernetska The gold unit of Zijin Mining Group ( ZIJMF ) will acquire a controlling stake in Chifeng Jilong Gold Mining Co. for 18.26 billion yuan ($2.64 billion), the company said on Monday, securing its position as China’s top miner of the precious metal. Zijin Gold International Co. ( ZJNGF ) will buy existing Chifeng shares listed on the mainland, and new shares issued in Hong Kong, taking the group’s holding in the target to nearly 26%, according to statements from the companies. Zijing Mining's subsidiary, Zijin Gold, will buy 242 million A shares of Chifeng Gold from its single largest shareholder, Li Jinyang, and the concert party Zhejiang Hanfeng, at 41.36 yuan per share. Chifeng's Hong Kong-listed shares plunged over 25% on Monday morning, while its Shanghai shares fell around 10%. Zijin Mining's shares dropped 3.0% in Hong Kong and fell 1.3% in China. More on Zijin Gold International Company Limited Allied Gold Acquired By Zijin Gold: Cashing Out At The Peak Or Selling Too Early? Historical earnings data for Zijin Gold International Company Limited Financial information for Zijin Gold International Company Limited

文章提及标的 沪锡主力合约 -- 上期所沪锡主力合约大跌5%，报325500元/吨。 涨跌都能赚 盈利就能离场！点击开通期货“T+0、双向交易”特权！>>>

India trade body recommends anti-dumping duty on rayon yarn imports from China Reuters

格隆汇3月23日｜NLI Research Institute高级经济学家Tsuyoshi Ueno表示，未来三个月日元兑美元汇率可能稳定在157左右。他预计，中东局势在春季将会趋于稳定。不过，如果冲突持续下去，导致油价持续上涨，再加上市场对美国收紧货币政策的预期增强，日元可能会进一步贬值。由于日元贬值有经济基本面的支撑，即便政府决定干预，日元也可能试探新的低点。

文章提及标的 富时A50期指 -- 富时中国A50指数期货跌幅扩大至3%。 涨跌都能赚 盈利就能离场！点击开通期货“T+0、双向交易”特权！>>>

Now that both she and her husband are out of work, she says it would be hard to afford even the $25 a month she used to pay, when she was able to combine the price she received - thanks to insurance from her husband's former employer - with a manufacturer's coupon.

格隆汇3月23日｜现货黄金跌势持续扩大，下跌4.5%，失守4300美元/盎司大关，为年内新低。

Singapore-listed companies are replete with executive directors that are either substantial shareholders or related to them, and firms aren’t disclosing enough about how pay is decided. About three in four executive directors are substantial shareholders or are family members, according to a study released Monday by the National University of Singapore Business School’s Centre for Investor Protection. These directors tend to be better compensated, raising the question of potentially excessive remuneration for these companies, the authors led by Mak Yuen Teen said. While there is greater disclosure executive compensation in Singapore, most firms still failed to shared specific performance measures that determined annual bonuses, according to the report Paying for Value or Just Paying More? which reviewed 469 firms which have a primary listing in Singapore. “There remains a lack of transparency on remuneration paid to key management personnel and employees who are related to substantial shareholders, directors and CEOs,” Mak said. Non-independent directors typically increase the risk of executive pay inflation due to greater control over remuneration committees or appointment of independent directors. Singapore has in recent years tightened rules including limiting the tenure of directors and improved executive pay disclosure as the city state seeks to boost corporate accountability and improve shareholder returns. The NUS report called for amendments to Singapore’s listing rules to only allow non-executive directors to be part of remuneration committees. It also asked for Singapore’s corporate governance code to boost requirements for transparency around pay disclosures, remuneration determination policies for directors, and make it clear how they are linked to performance. The average total remuneration of executive chairpersons in Singapore was S$1.18 million ($919,340) a year while CEOs were paid S$1.24 million, according to the study, citing annual reports publis...

大灣區提供福利補貼支持人才發展 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內地不同地方根據各自重點產業積極找人才和儲人才，當中大灣區的企業會主動跟學校聯手培養。 各地政府亦會透過全方位的福利補貼，支持人才留下發展。江門除了提供生活補貼，還有多套人才公寓，一些企業更開設人才食堂、人才班車；深圳專門出台人才認定住房保障和創業空間等一系列配套措施；珠海市為創業青年提供辦公區、創業資金貸款；東莞亦有為應聘者和創業者的家人提供支援。 東莞市人力資源和社會保障局局長黃鏡銓：「我們有優才卡，對他的子女入學讀書、對他的住房，還有家庭成員的隨遷，我們會全方位地做兜底保障。」

文章提及标的 伦敦金 -- 纽约金 -- 现货黄金失守4290美元/盎司，日内跌4.53%。纽约期金失守4300美元/盎司，日内跌6.15%。

Minimum wage for workers aged 21 and over will rise from £12.21 an hour to £12.71 in April. The government says raising the minimum wage is an important part of dealing with the cost of living crisis, but some employers worry it means they will have to cut staff numbers.

文章提及标的 纽约银 -- 纽约金 -- COMEX白银期货暴跌9%，现报63.37美元/盎司。COMEX黄金期货大跌6%，现报4299.1美元/盎司。

文章提及标的 伦敦银 -- 现货白银大跌7%，现报63.21美元/盎司。

國家主席習近平考察河北雄安新區 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】國家主席習近平考察河北雄安新區，強調新區的建設和發展，取得重大階段性成果，中央建設新區的決策完全正確，要更加有力有序推進、疏解和承接北京的非首都功能。 習近平前往北京市援建的北京四中雄安校區，學校於2023年8月啟用，有380多名學生。習近平與初中一年級其中一班師生交談，又視察食堂環境和膳食安排，叮囑確保飲食安全和營養。師生最後一齊歡送，並聆聽習近平勉勵他們惜福奮進、積極向上，與雄安新區一起成長，與中國式現代化同步發展。習近平：「再接再礪、茁壯成長，成為我們優秀的一代。」 習近平亦考察了中國華能集團有限公司公司總部及相關子公司1,000多人，去年10月遷駐雄安新區，習近平在運營監控與應急指揮中心，聽取產業布局及創新發展等介紹，又與職工代表等交流，希望他們紮根新區沃土，積極奉獻聰明才智，又指大家要為做雄安人感到自豪，一馬當先、蹄疾步穩地幹事創業，共同創造雄安美好未來。

文章提及标的 纽约钯 -- 纽约铂 -- 钯金 -- 铂金 -- NYMEX钯金主力合约大跌6%，现报1356.5美元/盎司。NYMEX铂金主力合约暴跌9%，现报1808.6美元/盎司。

格隆汇3月23日｜德力股份(002571.SZ)今日盘中一度跌9.77%至10.62元，逼近跌停价10.59元，股价创年内新低。德力股份公告称，因自身经营需求，持股10.56%的大股东杭州锦江集团有限公司拟以集中竞价交易方式和大宗交易方式合计减持不超1175.85万股公司股份，即不超3%的公司股份，预计减持时间为2026年4月15日至2026年7月12日。(格隆汇)

3月21日，2026郑州春季房展会暨青年人才购房节启动仪式在郑东新区启幕，活动现场，郑州市住房保障和房地产管理局相关负责人介绍，为推动房地产高质量发展，郑州即将出台涉及信贷支持、公积金优化、政务服务等方面的房地产市场发展新举措。 内容包括有：支持青年群体安居置业。鼓励金融机构面向35周岁以下来郑就业创业青年群体，推出特色金融产品和服务，更好满足青年群体多元化住房信贷需求。 强化多子女家庭购房支持。在当地已有一套住房的多子女家庭，再次购买商品住房时，申请公积金贷款的，可按家庭首套住房贷款最高额度上浮20%。 落实商业用房贷款首付比例。引导金融机构落实好商业用房 (含“商住两用房”) 购房贷款最低首付款比例不低于30%的政策。 明确购房套数认定标准。在本市范围内新购买住房，只核查购房人在拟购住房所在行政区范围内住房情况，无住房的，认定为首套房。 优化公积金贷款申请条件。2026年12月31日前，申请人符合现行其他贷款条件时，家庭无公积金贷款余额的，购买改善型住房时，可按照首套贷款政策申请住房公积金贷款。 加大保障性租赁住房（人才公寓）供给。通过收购、新建、转化等多种渠道，有效增加供给，2026年分配1万套（间）；优化申请分配流程，提升配给效率与公平性，发挥住房在引才、留才方面的保障作用。 完善配套公共服务。已购买商品住房并实际入住的家庭凭已网签备案的商品房买卖合同，可享受适龄子女划片入学等基本公共服务。 推行二手房“一房一码”制度。加强二手房市场信息公开，强化房源核验赋码，利用“郑好房”和“郑房交易网”等交易平台完成权属核验，生成唯一房源核验码，实现二手房“一房一码”。 本文来自观点网，36氪经授权发布。

文章提及标的 伦敦金 -- 现货黄金失守4300美元/盎司，日内跌4.27%。 涨跌都能赚 盈利就能离场！点击开通期货“T+0、双向交易”特权！>>>

A man has been injured by two fighting cows while hiking near a Hong Kong reservoir. The 67-year-old reported the incident to police at about 7.30am on Monday after seeing two animals fighting on the MacLehose Trail, near the main dam of Shing Mun Reservoir in the New Territories. He said he was ‘caught in the crossfire’ during the chaos and was struck by one of the animals. The man sustained injuries to his fingers and knees and was taken to Yan Chai Hospital in Tsuen Wan. Advertisement Meanwhile, at around 9pm on Sunday, a cow was hit by a car on Route Twisk near Memorial Pavilion, in the New Territories. The animal’s legs were injured, and officers at the scene alerted staff from the Agriculture, Fisheries and Conservation Department to make the necessary arrangements. Advertisement Dashcam footage shared online shows the cow lying near the middle of the road, with two cars parked close by and their hazard lights flashing.

新周期的开启，发生在公司完成产品体系升级、渠道调整等举措之后，这意味着李宁正站在一个更具竞争力的起点，迎接新一轮的增长。 2025年，中国运动品牌的市场竞争已从规模扩张进入效率与心智争夺的深水区。充满变数的市场环境，也在持续检验各家企业的内生增长能力。 3月19日，李宁正式发布业绩公告，交出2025年的成绩单。 公告显示，2025年李宁整体经营保持稳健。报告期内，公司收入录得295.98亿元人民币，同比增长3.2%；经营利润为38.98亿元人民币，同比增长6.0%。全年业绩达成既定目标，收入与经营利润实现双增长。 与此同时，公司 全渠道零售流水同比基本持平 ，其中，线下新品零售流水在线下整体流水中占比83%； 库存周转与经营现金流继续维持健康水平 ，为企业长期发展提供强力支撑。 在股东回报方面，李宁一如既往延续其稳定的派息政策，全年派息比率维持在50%。 从表面数据来看，这是一份典型的稳态业绩。但也正因为如此，这份财报反而容易被误读。对于一个经历过高速扩张、又主动进入调整周期的公司而言，“稳”从来不是终点，而往往意味着调整阶段已经接近尾声，开始接近新一轮增长周期的起点。 尤其值得注意的是，李宁已正式重新获得中国奥委会合作伙伴身份，并将担任20252028年中国体育代表团的官方体育服装合作伙伴。顶级资源的回归，为新周期的开启拉开序幕。 一、 专业能力强化， 核心品类势能强劲 在坚定实行的“单品牌、多品类、多渠道”战略指引下，公司聚焦于跑步、篮球、综训、羽毛球、乒乓球及运动休闲六大核心品类，通过科技创新加强产品的专业性。。 其中，跑步品类成为驱动集团整体战略的定海神针。数据显示，跑步品类之流水占比已从2021年的16%攀升至2025年的31%，连续五年稳步提升，已稳居集团第一大品类。2025年全年，专业跑鞋销量超过2600万双，带动李宁跑步市场份额进一步提升。 中国跑步市场正在经历一轮明显扩张：马拉松赛事恢复、城市跑步文化兴起，以及大众健康意识提升，使跑步逐渐成为参与度最高的大众运动之一。在这一背景下，李宁持续通过技术投入与产品迭代，建立起了完整的跑鞋矩阵， 形成稳定优越的基础体系。2025年，“飞电”、“赤兔”、“超轻”三大核心IP新品总销量已超1100万双；而为填补核心矩阵中顶级缓震跑鞋空白而打造的“越影”，采用差异化科技——“黄金缓弹比”，全年累计销量也已超100...

格隆汇3月23日｜迪拜股市指数早盘下跌1%。

格隆汇3月23日｜欧洲央行副行长金多斯：欧洲央行无法阻止战争引发的通胀飙升，但若出现第二轮效应，就必须采取行动。

格隆汇3月23日｜欧盟竞争事务主管：根据《数字市场法》对谷歌的调查正在推进。

要发展和扩大健康的职业网络，首先需要专注于了解自己的身份。只有当你确定了自己身份的方方面面之后，你才可以与来自不同背景的人 “找到共性”。共性为建立和扩展人际网络提供了坚实的基础。好消息是，你对自己身份的掌控度比你自己意识到的要大：你可以对自己的身份进行精心策划，从而提高你作为领导者的表现，增强他人对你的信任，甚至提高你的整体福祉。 克劳德·格鲁尼茨基（Claude Grunitzky）是一位世界级的人脉高手。他太出色了，实际上，哈佛商学院和哥伦比亚大学商学院都发表了关于他的案例研究，记录了他在职业生涯中如何建立和维护职业关系，从而创办了他的第一家初创公司——一本名为《Trace》的杂志，专门报道嘻哈音乐；随后又创办了一系列公司，包括一家广告公司和一个数字媒体网络，目前该网络已在 190 个国家运营。现如今，格鲁尼茨基是股权联盟（Equity Alliance）的CEO，这是一家风险投资公司，其投资战略是，投资那些创始团队中至少有一名女性或一名少数族裔成员的公司。 我在哥伦比亚商学院给MBA学生教授一门“社会网络”的课。几年前，我邀请格鲁尼茨基来我的课堂，讲讲他的职业生涯和他建立人际关系网的方法，他更喜欢称之为 “拓展社会资本（social capital）”。他告诉我们，建立人脉的关键在于，首先要透彻了解自己的身份——你用来定义自己的相互关联的要素。在格鲁尼茨基的案例中，这些要素包括他作为父亲和丈夫等家庭角色、CEO和记者等职业角色、对爵士乐的兴趣以及他的天主教信仰。他继续说，只有当你确定了自己身份的方方面面之后，你才可以与来自不同背景的人 “找到共性”。共性为建立和扩展人际网络提供了坚实的基础。 我花了多年时间研究领导者如何发展个人身份。 要发展和扩大健康的职业网络，首先需要专注于了解自己的身份。 做好这一点，可以帮助你在工作和生活中茁壮成长。好消息是，你对自己身份的掌控度比你自己意识到的要大：你可以对自己的身份进行精心策划，从而提高你作为领导者的表现，增强他人对你的信任，甚至提高你的整体福祉。 在本文中，我将探讨关于在职场确定自我身份的近期研究——包括我自己的研究，还将介绍一些最佳实践，帮你打造一种多面向的身份，使你在职场和个人生活上都得到很好的发展。 这种方法的核心是构建我所谓的“身份地图”——一种简单的工具，让你识别、可视化并最终利用众多相互关联的要素。这...

What was supposed to be a quick win has become a quagmire, so it now must be reduced to a dopamine hit The war on Iran, even as it spreads and destabilises the Middle East and the global economy, is not real. This is how it is being portrayed by the Trump administration. The war is a video game, a spectator sport, a social media festival of dunking. The architects of this war have made a virtue out of stupidity, and have been supported in that by a stupefying information ecosystem. The conflict waged by the US feels like the first of its kind in the modern age: distinctly remote and profoundly ignorant. A week into the war, the White House uploaded a clip on its social media channels featuring montages of Top Gun, Braveheart and Breaking Bad, with the caption “Justice the American way” – itself a repurposing of a Superman motto. In another, entitled Touchdown, NFL players tackle each other and upon contact, boom, footage of a strike explosion tagged “unclassified”. SpongeBob SquarePants also makes an appearance , asking, “Wanna see me do it again?”, and then, an explosion. In another, Operation Epic Fury is rendered as a Nintendo Wii game. Continue reading...

Gripping documentary examines the Future Forward Party’s unprecedented 2019 election result, and its leader’s aim to break Thailand’s repeated military coups With his disarming good looks, pro-democracy activist and businessman Thanathorn Juangroongruangkit resembles an actor rather than a typical Thai politician. Heir to the country’s largest car manufacturer, he is blessed not only with personable charisma but also inexhaustible funds. His stunning rise into public consciousness is the beating heart of Aekaphong Saransate and Thanakrit Duangmaneeporn’s debut film, a thrilling documentary about an extraordinary political campaign that shook a nation. As founder of the progressive Future Forward Party (FFP), Juangroongruangkit’s central message cut through the noise of electoral politics: secure a brighter future by correcting the wrongs of the past. Since the end of absolute monarchy in 1932, Thailand has undergone a never-ending cycle of military takeovers, including 12 coups. During its campaign in the 2019 general election, Juangroongruangkit’s party specifically reached out to those whose concerns often go unheard: students, working-class and rural voters. He also explicitly called for reform to the 2017 constitution , enacted by the military junta to deepen authoritarian rule. Continue reading...

“It’s the sickening stress of never quite feeling like you have roots. My marriage feels like it’s on probation, conditional to whether the government puts a stamp on the next renewal. It’s the constant uncertainty that makes me ill,” Felix King said. King, 31, an IT worker, wants to adopt a child with her American wife, Tessa, 29. But the impact of the home secretary Shabana Mahmood’s “earned settlement” immigration plan means the couple, who live in Cheshire, fear they will never get the chance. Tessa came to the UK from the US in 2024. She is among about 2 million migrants who have arrived in the UK in the past five years who face a longer wait for settled, indefinite leave to remain (ILR) status in the country, under rule changes expected to begin next month, including for spouses of British nationals. Mahmood says the changes are necessary to restore fairness to the system and that the “pace and scale of migration in this country has been destabilising”. Last week the former deputy prime minister Angela Rayner described the proposals as “un-British” in the Guardian. Felix and Tessa were friends for years online before falling in love, and they meet the conditions for Tessa to qualify for the five-year route to settled status in the UK under the current system. However, the proposals will introduce a minimum contribution requirement that would require Tessa to demonstrate earnings in the UK of at least £12,570 for three to five years to get ILR, which is expected to apply retrospectively. Tessa faces a battle to meet this condition because of leave from her cleaning and maintenance job for family bereavement and ill health. She is not allowed access to public funds as a visa condition and was supported throughout her time off by Felix. Migrants could face waits of 20 years for settlement under the proposals. Felix says the new contribution requirement jeopardises their hopes of having a family, as they fear they cannot demonstrate the stability needed to adopt. ...