Michael M. Santiago Apple ( AAPL ) Chief Executive Tim Cook struck a positive tone on China’s innovation and manufacturing strength during remarks in Beijing, even as the company faces ongoing scrutiny from regulators over its App Store practices. Speaking Sunday at the China Development Forum, Cook highlighted the role of local developers and the country’s advanced production capabilities, while emphasizing shared priorities between Apple ( AAPL ) and China in areas such as sustainability and education, Bloomberg News reported. “Innovation, green development and education are not separate properties. They are deeply connected,” Cook said. “They represent the vision of progress that we at Apple share, and we are committed to collaborating with our partners across China and with all of you to make that vision a reality.” His comments came shortly after Apple ( AAPL ) reduced the fees it charges developers in China, a move seen as an attempt to ease regulatory pressure in a key market. Despite that concession, state media signaled that authorities may still push for further changes, including loosening App Store restrictions and addressing what it described as monopolistic behavior. Cook also pointed to the strength of China’s developer ecosystem and its broader economic impact, noting that innovation is reshaping the country’s manufacturing sector. While Apple ( AAPL ) continues to assemble most of its products in China, the company has been gradually expanding production into countries like India and Vietnam. “There is a Chinese proverb I love - ‘a single tree does not make a forest,’” Cook said. “Together, I believe we can plant that forest.” Apple’s ( AAPL ) business in China has shown renewed momentum, with revenue climbing sharply in the most recent holiday quarter, driven by strong demand for its latest iPhones and users switching from competing brands. Also speaking at the forum, Chinese Premier Li Qiang pointed to Apple ( AAPL ) as an example of a company ben...

Alex Rodriguez, Co-Host of Bloomberg's "The Deal," sat down with Lisa Mateo for a wide-ranging interview discussing sports investments, the future of baseball and what to expect from the next season of his hit podcast. Watch the full conversation on 'Bloomberg This Weekend.' We're LIVE every Saturday and Sunday morning. (Source: Bloomberg)

Bitcoin and other cryptocurrencies declined anew as the US, Israel and Iran traded fresh threats and attacks. The largest coin fell as much as 3.3% on Sunday to trade around $68,150, the lowest level since early March. The selloff was fiercer among other tokens, with Ether losing nearly 5% at one point to sink to $2,050 and Solana , XRP and Cardano also dropping. Bitcoin has sold off since the start of the war , losing roughly 20% since the US and Israel started their attacks on Iran at the end of February. The drawdown has exposed the limits of an argument that’s long been made in crypto circles about the coin’s ability to act as a safe haven amid times of crisis. But other factors are also at play, according to Peter Tchir , head of macro strategy at Academy Securities, including that Bitcoin has been caught up in a broader selloff that’s also dragged down stocks and other risky assets. Higher energy prices may also be weighing on the industry given that it makes mining the token more expensive. “Much of the recent gains to me seem to have been bets on legislation, which is probably getting harder to pass — DC is focused on war, and lately, the new legislation hasn’t led to the buying mania from newbies that the crypto community seems to expect,” Tchir said on Sunday. “It does seem like risk is increasing again.” During the war, the crypto market — which trades 24/7 — has offered traders a weekend view into how other assets might trade once traditional markets open. Perpetual futures on Hyperliquid, a crypto exchange that has become one of the largest venues for around-the-clock derivatives trading, on Sunday showed oil-linked contracts trading higher by more than 2% to $98 a barrel, as of around 9 a.m. in New York. Those on the Nasdaq 100 and S&P 500 were lower. President Donald Trump said he would bomb Iran’s power plants unless the country reopened the Strait of Hormuz, a key transportation passageway that’s effectively been closed for weeks, leading to a run-u...

On February 17, 2026, Kintayl Capital disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold 495,390 shares of Core Scientific (NASDAQ:CORZ) during the fourth quarter, an estimated $8.64 million transaction based on average quarterly pricing. According to an SEC filing dated February 17, 2026, Kintayl Capital reported selling 495,390 shares of Core Scientific during the fourth quarter of 2025. The estimated transaction value was $8.64 million, based on the mean closing price for the quarter. The fund ended the period holding 74,664 shares, with a quarter-end value of $1.09 million. The net position change, which factors in both trading and price drift, was a decrease of $9.14 million. Core Scientific, Inc. is a leading provider of blockchain infrastructure and digital asset mining services, operating large-scale facilities across North America. The company leverages proprietary technology and operational scale to deliver both self-mining and colocation solutions for institutional clients. Its integrated business model and focus on high-performance infrastructure position it as a key player in the digital asset ecosystem. Continue reading

It is a sign of the times. This week it was revealed that hummus is joining the list of foods used to measure the cost of living in Britain as the ubiquity of the dip at mealtimes sees it billed as the “new ketchup”. The decision to drop a pot of hummus in the inflation basket is a moment for the all-conquering chickpea dip, which arrived on supermarket shelves on the late 1980s. Since then Britons have gone from spending virtually nothing to £170m a year on the versatile stuff. “What this shows us is that the UK diet is now global,” says Ramona Hazan, whose first name is emblazoned on pots of hummus stacked in supermarket fridges across the country. “There is a lot more Middle-Eastern food as mainstream and supermarket ranges are reflecting that.” The success of Ramona’s says it all. Hazan started the company in the kitchen of her London flat in 2004 with a £25 Kenwood blender. The brand was recently valued at £24m and now produces 80-100 tonnes of hummus a week. Asked whether the hummus had become, as one Times columnist put it, “officially middle-class ketchup”, Hazan says she “hopes so”, but adds: “I don’t think it’s only middle class. It is everywhere. It is a healthy alternative to a lot of things on the market. “You used to take it to a party and dip your crisps in it, whereas now it is not just a dip. Use it instead of mayonnaise. It’s a sandwich filler. You see tons of posts on Instagram and TikTok showing what people are doing with it.” View image in fullscreen Ramona’s hummus competes with a large variety of supermarket and independent brands. Photograph: Robert Billington/The Guardian The possibilities for hummus are it seems endless. Social media feeds are full of food influencers putting a dollop of it in “health bowls” alongside quinoa and avocado. Hazan adds that it can also be added to soups and mixed through pasta. “Even if you’re eating it with crisps you’re eating something that’s full of chickpeas. You wouldn’t take a bowl of chickpeas and eat t...

Regulators narrow securities definitions – a shift that could benefit Trump family’s crypto projects Sign up for the Breaking News US email to get newsletter alerts in your inbox On Tuesday, major US financial regulators published rules for the cryptocurrency industry that may reduce regulatory requirements and that insiders believe will benefit the Trump family’s ventures. The Securities and Exchange Commission (SEC) issued new guidelines for the cryptocurrency industry to answer the longstanding question of what does or does not qualify as a security, a classification that entails strict oversight. SEC chair, Paul Atkins, has dubbed the framework a “token taxonomy” for the sector. Published jointly with the Commodity Futures Trading Commission (CFTC), the guidelines classify most of crypto-based assets as commodities, collectibles, payment tokens or “digital tools”, exempting them from the SEC’s more stringent oversight and disclosure requirements. Only blockchain-based representations of existing securities, such as stocks and bonds, remain classified as securities under this new framework. Continue reading...

From the fluffy dough to the gooey filling, our resident perfectionist pulls apart the best way to create Georgia’s iconic, indulgent cheese-stuffed bread The first time I encountered what Tiko Tuskadze describes as “perhaps the most iconic of all Georgian dishes” was in her London restaurant, Little Georgia , back in the days when it was a tiny space on Broadway Market. If “traditional cheesebread … baked to order” sounded good on the menu, the reality of khachapuri was even better: a golden round of fluffy, buttery bread spilling forth frills of hot, salty dairy on to the plate (this is the kind of thing that passes for fast food in Georgia, according to Silvena Rowe , which makes me feel as if we’ve been slightly short-changed.) Tuskadze goes on to explain in her book Supra that there are “as many variations … as there are families in Georgia” – the boat-shaped, open adjaruili that Polina Chesnakova notes has “taken the internet by storm”, the Ossetian mashed potato variety and the Gurian take with hard-boiled eggs and a “supremely fluffy, slightly oniony, soufflé-like cheese filling”, which inspires Caroline Eden to share with readers of her book Green Mountains the glorious Georgian word shemomechama , “which loosely translates as, ‘I accidentally ate the whole thing’”. Here, however, I’m going to concentrate on what Chesnakova says is “by far the one most commonly consumed in Georgia itself”, and also the one that reminds Tuskadze most of home, namely imeruli khachapuri , originally from the west-central region of Imereti, which is “essentially a flat bread stuffed with buttery imeruli cheese curds and cooked on the stovetop”. Need I say more? Continue reading...

For most of its three-year bull run , the S&P 500 Index has moved in lockstep with the shares of technology giants. But the relationship is suddenly breaking down — and that could be good news for languishing tech stocks. The correlation between an index tracking the so-called Magnificent Seven and the equal-weighted version of the S&P 500, which more accurately reflects the full performance of all the stocks by removing the weighting of the biggest companies, turned negative on Feb. 23, an indication that they were becoming untethered. Since then, the correlation has continued to fall as the war in Iran disrupts markets and sparks a jump in oil prices . “We’ve never had a tech cycle move this quickly,” said Daniel Newman , chief executive officer of the Futurum Group. “We just don’t know what will come next.” The correlation has been more negative than it is now only one other time since the start of 2016. In the first quarter of 2023, the Magnificent Seven — which consists of Nvidia Corp. , Apple Inc. , Microsoft Corp. , Alphabet Inc. , Amazon.com Inc. , Meta Platforms Inc. and Tesla Inc. — raced ahead as artificial intelligence euphoria kicked off in the wake of OpenAI’s release of ChatGPT on Nov. 30, 2022. Meanwhile, the rest of the S&P 500 remained dormant as it struggled to emerge from a bear market . From January through March 2023, the Magnificent Seven index climbed 45% while the regular S&P 500 gained 7%. Eventually the tech enthusiasm spilled over into the broader market, as the S&P 500 finished 2023 up 24% and rallied another 23% in 2024. This time, the correlation breakdown comes after several months in which the Magnificent Seven lagged the broader market amid concerns about heavy spending on AI. From the end of October through February, the Bloomberg Magnificent 7 index fell 7.3%, compared with an advance of 8.9% for the S&P 500 Equal Weighted Index, led by cyclical sectors like energy and materials. In the weeks since the correlation turned negative,...

Of course, the market is in a very different place now than it was three years ago, with the war in Iran casting a shadow over everything. Meanwhile, Big Tech’s performance has been hampered by concerns that weighed on the stocks before the fighting started, namely heavy spending on AI and the disruption the emerging technology will bring. In the weeks since the correlation turned negative, the gauges have swapped positions. While the Big Tech cohort sank into a correction this month, their decline has been smaller than that of the broader benchmark. This time, the correlation breakdown comes after several months in which the Magnificent Seven lagged the broader market amid concerns about heavy spending on AI. From the end of October through February, the Bloomberg Magnificent 7 index fell 7.3%, compared with an advance of 8.9% for the S&P 500 Equal Weighted Index, led by cyclical sectors like energy and materials. From January through March 2023, the Magnificent Seven index climbed 45% while the regular S&P 500 gained 7%. Eventually the tech enthusiasm spilled over into the broader market, as the S&P 500 finished 2023 up 24% and rallied another 23% in 2024. The correlation has been more negative than it is now only one other time since the start of 2016. In the first quarter of 2023, the Magnificent Seven — which consists of Nvidia Corp., Apple Inc., Microsoft Corp., Alphabet Inc., Amazon.com Inc., Meta Platforms Inc. and Tesla Inc. — raced ahead as artificial intelligence euphoria kicked off in the wake of OpenAI’s release of ChatGPT on Nov. 30, 2022. Meanwhile, the rest of the S&P 500 remained dormant as it struggled to emerge from a bear market. “We’ve never had a tech cycle move this quickly,” said Daniel Newman, chief executive officer of the Futurum Group. “We just don’t know what will come next.” The correlation between an index tracking the so-called Magnificent Seven and the equal-weighted version of the S&P 500, which more accurately reflects the full per...

Sonos is no stranger to the occasional sale. The iconic audio company routinely runs sales around Black Friday, Amazon Prime Day, and the Super Bowl, though it’s rare to see substantial discounts on its portable speakers outside of tentpole shopping events. Fortunately, if you have no interest in the Sonos Move 2 or forthcoming Sonos Play , the Sonos Roam 2 is currently available from Amazon , Walmart , and Sonos for $139 ($40 off), which is just $5 shy of its lowest price to date. Sonos Roam 2 Where to Buy: $179 $139 at Amazon $179 $139 at Sonos $179 $139 at Walmart The original Sonos Roam was by no means a bad speaker, but the quality-of-life updates on the Roam 2 are genuinely meaningful, particularly if you were the kind of person who constantly struggled to pair the first-gen model with anything via Bluetooth (guilty as charged). The latest Roam has a dedicated pairing button on the back — meaning you don’t have to hold down the power button for a set period of time just to sync it with a new phone — while still letting you tap into Sonos’ larger ecosystem of products via your home’s Wi-Fi network. Sound quality remains unchanged, though that’s not necessarily a bad thing. The first-gen Roam was one of the best-sounding speakers in its class, with pleasantly crisp vocal performance and enough depth to satiate most folks, especially when Sonos’s automatic Trueplay room optimization tool did its job. It’s a bit of a bummer that the USB-C port remains strictly for power, and that battery life tops out at 10 hours, but I’d venture that most folks are simply going to be using it at the park or simply for an afternoon at the pool. After all, it has IP67 waterproofing, which means it can withstand up to 30 minutes in 3 feet of water. Perhaps best of all, though, Sons claims to have made some tweaks and optimizations under the hood to ensure battery performance holds up in the long run, which was a crux of the original model. I haven’t had the Roam 2 long enough to say...

BJP7images/iStock via Getty Images I first came across United States Antimony Corporation ( UAMY ) towards the end of last year. I reviewed the stock and rated it a buy at that time. I liked the market and outlook for the company. It is fast-growing and is in a market of high importance with critical minerals. It is also becoming more and more vertically integrated to improve margins and become a US supplier of antimony. The continued world conflicts only drives the need for domestic production of critical minerals even more. The stock has performed very well since I rated it a buy, increasing by approximately 25% in the past 4 months. The stock has been volatile, and after the latest earnings report, it saw a bit of pullback. There were a few weak spots in the report, but overall I think it confirmed the continued growth and potential in the company. Seeking Alpha The company maintained its strong revenue guidance for 2026. It also has continued to expand its future potential with additional mining claims and additional sources for new antimony. The company has landed long-term contracts with the government as well as commercial companies. I think the need for a US supplier of critical minerals will continue to be more and more important over time and continue to be a focus for the government. Financials The company continued its strong growth to end the year. The company reported revenues of $39.3 million for 2025, up 163% from $14.9 million the prior year. While the growth was solid, it was slightly below previously provided guidance of $40 - $43 million. Margins improved slightly, with the gross margin increasing to 25% from 23%. At first glance this was a little disappointing for me, as I was expecting to see a higher margin as the company continued to scale and mine its own ore. The company noted, though, that the results did not include the processing of its in-house antimony. It also did not include deliveries under the government contract. So that margin is...

Suphanat Khumsap/iStock via Getty Images Real Estate Weekly Outlook U.S. equity markets fell for a fourth straight week—while benchmark interest rates jumped to eight-month highs—as continued turmoil in the Middle East rattled financial markets and revived concerns about energy-driven inflation. The third week of the Iran conflict settled into an uneasy equilibrium between escalation and de-escalation amid a continued standstill in the Strait of Hormuz - the key global energy supply chokepoint. Washington dug deeper into the playbook to counteract the surge in global energy prices, invoking the Jones Act domestically while escalating pressure abroad through strikes on Iran’s Kharg Island oil export hub and signaling that ground troop deployments remain on the table if disruptions to the Strait persist. The Federal Reserve - long bemoaning tariff-related inflation that largely failed to materialize - did little to calm markets, delivering a “hawkish hold” that pushed traders to price in rate hikes by year-end as legitimate energy-driven inflation risks reemerge. Hoya Capital Extending its weekly losing skid to the longest in a year, the S&P 500 declined 2.1%, leaving the major benchmark 6.8% below its January record high. The tech-heavy Nasdaq 100 fell 2.0% on the week, now on the cusp of "correction territory" with a 9.6% drawdown from its October 2025 peak. A subtle emerging theme this week was the relative resilience of more domestically oriented sectors and smaller-cap segments - particularly those less exposed to global trade and energy shocks. Posting more muted losses of around 1% this week, the Small-Cap 600 is now the lone major equity benchmark still in positive territory on the year. Real estate equities - which had been holding their ground amid the recent resurgence in interest rates - finally came under pressure this week despite a wave of positive developments on the M&A front, including a successful IPO, a sizable REIT-to-REIT merger, and a handful of...

Getty Images Entering week four of the Iranian war that started on February 28, we are nowhere close to seeing the conflict come to an end soon. And that is despite the US and the Israeli forces claiming to have decimated the Iranian military . Yet, just over the weekend, we witnessed how Iran came close to striking the Diego Garcia US/UK military base. These attacks were reportedly carried out by firing intermediate-range ballistic missiles, upending the market's conventional wisdom on the types of advanced missile arsenals that the Iranian regime possesses. Although the attack ultimately didn't pan out as Iran would have wanted to, it validates my belief that Iran remains a significant threat to US forces. But, now the threat level isn't just focused solely in the Middle East region, but we also need to think about whether Europe could also be at risk of being hit by Iran too. I believe this serves as a timely demonstration of potentially greater escalation that the Iranian regime is capable of, mitigating the optimism from the White House and from the US Central Command (the US regional military command primarily responsible for mission execution). As week four is about to unfold, I believe the uncertainties threatening the US markets and the global peers are seemingly teetering on the precipice, even though the US market has outperformed global stocks, demonstrating the resilience and confidence of investors in the strength of US equities. US & global index (WSJ) Based on what we can observe from the above chart, the go global narrative has clearly been upended. It's now sending tremors to ex-US stocks, hitting investors who bought into that proposition earlier this year. With the US economy energy independent, as the US is a net exporter of energy, I believe global investors are now starting to price in a prolonged conflict, which makes sense. As we head into week four, we have already encountered attacks by the Israelis and the Iranian sides on the Middle East...

Australia’s pensions industry will grow to A$5.7 trillion ($4 trillion) by the end of the decade as the number of funds declines because of mergers that will increasingly concentrate assets in the hands of fewer, bigger firms. A study by Mercer showed the number of funds will decline to about 45 by 2030, from 75 currently, and that will drop further to about 30 by 2035. By 2050 there will be just 20 funds that control around A$15 trillion, the report released on Monday estimated. Australia’s pensions system — known locally as superannuation — is the world’s fourth largest and is projected to leap to second place in coming years, as mandatory employer contributions help to build nest eggs for retirees. Into the next decade, however, more aging Australians are predicted to start drawing down on their savings, adding pressure on the cashflows of funds. Mercer expects the average fund to quadruple in size to A$161 billion by 2035 as investment returns drive growth. Retirement products which provide an income to members drawing down from their pension currently comprise 18% of assets and that’s projected to reach 25% by 2035. Top Pensions in $3.2 Trillion Australian System Aim to Bet on US Macquarie Touts Australian Pension Heft at Washington Meeting Wealth Fund’s Conflict Warnings Proves Prescient as Bets Pay Off

Catch up on all the headlines with BTW. Lisa Mateo, Christina Ruffini and David Gura dive into the headlines you may have missed on Bloomberg This Weekend. Watch more here: Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)

格隆汇3月22日｜据土耳其外交消息人士透露，土耳其外长在通话中与伊朗和埃及外长、美国官员以及欧盟外交政策负责人探讨了结束战争的举措。

mdisk/iStock via Getty Images The last time I spoke about Novartis ( NVS ), it was with a Seeking Alpha article entitled " Novartis: Value Continues To Build With Double-Digit Percentage Growth Products ." With respect to this article, I mentioned that Q2 of 2024 sales of relapsing multiple sclerosis [RMS] drug KESIMPTA grew by 65% year-over-year [YoY] to $799 million and metastatic castration-resistant prostate cancer therapy PLUVICTO grew by 44% YoY to $345 million during the same time period. I had a "Strong Buy" rating at that time and believe that I should maintain this rating. The first reason why is because in the most recent Q4 of 2025 earnings report, both KESIMPTA and PLUVICTO grew in revenues by 27% and 70% YoY, respectively. The thing is that the company reported full-year 2025 revenue growth of $54.53 billion, which was an increase of 8% compared to the prior year. The second reason is because the company has been putting its cash to good use. In another Seeking Alpha article entitled " Buyout Of Tourmaline By Novartis Primarily On Pacibekitug IL-6 Novel Mode Of Action ." For this article, I mentioned that it had purchased Tourmaline Bio for $1.4 billion to add a phase 3-ready IL-6 inhibitor known as "pacibekitug" for the treatment of patients with cardiovascular diseases. The company continues to assess opportunities to expand the presence of its oncology unit, and as such, in its most recent move, it made a deal worth up to $3 billion with Synnovation Therapeutics to get its hands on the pan-mutant‑selective PI3Kα inhibitor SNV4818 for the treatment of patients with hormone receptor-positive/human epidermal growth factor 2-negative [HR+/HER2-] breast cancer. With the potential to be able to expand the use of this selective PI3Ka inhibitor against other HR+/HER2-expressing solid tumors. With full-year 2025 sales growth of 8% to $54.53 billion, plus the recent move to target a subpopulation of HR+/HER2- solid tumor patients with the SNV4818 deal with Sy...

本周（2026年3月16-22日），A股主要宽基指数呈现分化，创业板指成为少数正收益部分，中证500居末。其中，科创100、科创50、科创200分别跌：1.2%、4.0%、4.5%。内部呈现分化，成长板块居前，机械板块居末。公司层面，源杰科技领跑科创板。 一、科创板一周大事： 1、宇树科技科创板 IPO 获受理，拟募资 42.02 亿元冲刺 科创板"人形机器人整机第一股"，计划募资 42.02 亿元，用于人形机器人研发与生产基地建设等项目。 2、本周没有科创板公司IPO与上会。并且，下周武汉长进光子技术即将上会，预计募集资金7.8亿。 3、本周科创板并购最新进展共7条：颀中科技受让建汇合伙5.8497%股权、高凌信息筹划定增收购凯睿星通控制权、锴威特筹划定增收购晶艺半导体控制权、概伦电子定增收购锐成芯微100%股权和纳能微45.64%股权、希荻微收购诚芯微100%股权、晶丰明源定增收购四川易冲100%股权、华恒生物增资智合生物获其15%股权，其中前两条属于首次披露。 二、科创板运行回顾 1、宽基指数排名 数据来源：Wind，科创板研究中心，星矿数据 如上图，本周A股主要宽基指数呈现分化，创业板指成为少数正收益部分，中证500居末。其中，科创100、科创50、科创200分别跌：1.2%、4.0%、4.5%。 2、科创板内部行业分化 数据来源：Wind，科创板研究中心，星矿数据 如上图所示，本周科创板内部呈现分化，成长板块居前，机械板块居末。 3、权重股表现： 数据来源：Wind，科创板研究中心，星矿数据 上图是本周科创板前十大权重公司呈现大部分下跌，沐曦股份-U是权重中少数正收益品种，金山办公跌幅较大。 4、涨跌幅榜： 数据来源：Wind，科创板研究中心，星矿数据 上表是本周涨幅榜前十公司，排名前十的公司分别是：源杰科技、三生国健、中复神鹰、中润光学、长光华芯、普冉股份、美埃科技、佰维存储、燕东微、鼎通科技。 数据来源：Wind，科创板研究中心，星矿数据 上表是本周跌幅榜前十公司，分别为：星环科技-U、翔宇医疗、国光电气、上声电子、赛恩斯、长盈通、壹石通、新锐股份、亿华通-U、美迪西。 5、周成交额： 数据来源：Wind，科创板研究中心，星矿数据 上表是本周成交额（亿）前十公司，分别为：佰维存储、寒武纪-U、澜起科技、海光信息、源杰科技、中芯国际、优刻得-W、华虹公司...

他鼓励在座来自各国的医药企业高管，未来五年在中国市场“更加积极，更加直接” 3月22日下午，北京钓鱼台国宾馆，中国发展高层论坛2026年年会“健康中国2030”与大健康产业发展专题研讨会，清华大学中国经济思想与实践研究院院长李稻葵。图：财新 曾佳 【财新网】 3月22日下午，在北京钓鱼台国宾馆举行的中国发展高层论坛2026年年会“健康中国2030”与大健康产业发展专题研讨会上，清华大学中国经济思想与实践研究院院长李稻葵表示，在“十五五”规划下，“游戏规则已经变了”。他鼓励在座来自各国的医药企业高管，未来五年在中国市场“更加积极，更加直接，对发改委高层官员提要求时可以不用拘泥于礼节，把自身看作中国落实‘十五五’规划的一部分”。 全程用英文发言的李稻葵透露，他亲自参与了过去两轮“十五五”规划的制定过程，“从最开始到实施情况的审查阶段”。

香港打吡大賽3月22日在沙田馬場舉行。 本屆香港打吡大賽吸引逾7.2萬人到兩個馬場觀賽，創下歷來香港打吡大賽新高，當中內地及海外旅客入場人數也刷新紀錄。3月22日單日投注額逾16.7億，是歷來香港打吡大賽第二高。 馬會行政總裁應家柏表示，打吡大賽十分成功，不但現場氣氛熾熱，更打破多項紀錄。 香港打吡大賽是香港歷史最悠久的賽事之一，今年來到第149屆，參賽的都是四歲馬匹。3月22日共有14匹馬參賽，最終由廖康銘訓練、布文策騎的「白鷺金剛」以1分59秒43奪冠，成為歷來打吡大賽最快完成時間，較舊紀錄1分59秒85快近半秒。 ▍旅客及馬迷心聲 廣州旅客鄭小姐：「雖然我心儀的馬匹落敗，但深深感受到香港賽馬的緊張刺激，十分難忘。」 本地馬迷高先生：「打吡是馬匹一生只能參與一次的大賽，為未來的發展奠下重要基礎，意義重大。」

Almost all of us will have our lives enhanced by Social Security. Our grandparents and parents have collected benefits -- or will -- and we ourselves are also likely current or future beneficiaries. More than 50 million retirees are collecting Social Security benefits currently, with close to 70 million people total collecting some kind of benefit. (Social Security also provides for many disabled workers, surviving spouses, and dependents of some beneficiaries.) So it's kind of important to keep up with any changes in the program, and 2026 is bringing some significant changes. A key one is how the customer service provided by Social Security is changing. The old system For decades, Social Security has offered Americans the opportunity to take care of Social Security business (such as signing up, making changes, correcting mistakes, etc.) at local field offices. Indeed, in the past, there have been as many as 1,200-plus field offices across the nation, making it very likely that anyone wishing to visit one could do so. What's changing Social Security's customer service is shifting from field offices to a centralized national system. According to a report from the Social Security Administration (SSA), the program had nearly 58,000 full-time-equivalent workers in fiscal 2024, and the 2026 budget calls for 50,278 -- a drop of 7,720. Much of that drop is due to major layoffs enacted by the Department of Government Efficiency, or DOGE. The new system is likely to be employing artificial intelligence (AI) to handle many inquiries, though humans will also be involved. A National Appointment Scheduling Calendar (NASC) will allow beneficiaries to schedule appointments for themselves, and a National Workload Management system will assign cases to workers. A person who worked at a local field office before may now be working electronically, being dealt customers to serve from anywhere in the country. Is it good or bad? Some see this change as unilaterally good or unquestionably...

格隆汇3月22日｜据日本经济新闻，据各车企发布的数据及汽车讯息平台MarkLines数据进行的统计显示，日本车企去年全球汽车销量略降至约2500万辆，是自2000年以来首次跌落榜首；中国车企去年全球销量近2700万辆，超越日本，首次登上全球第一。 比亚迪去年销量居全球第六，超越福特汽车(Ford)；吉利汽车销量超越本田(Honda)，位列第八。纯电动车方面，比亚迪超越特斯拉(Tesla)，跃居全球首席。在全球销量首20位的车企中，中国占6家，奇瑞汽车、长安汽车、上汽、长城汽车都上榜，超过日本的5家。

Cor, it’s a bit snug down there. Nottingham Forest, Tottenham Hotspur and West Ham are separated by only one point, with Leeds United also involved in game of relegation Snakes and Ladders. Barring something unforseeable, one of those four big clubs will be playing Championship football next season. Forest, West Ham and Leeds are reasonably familiar with life in the second tier; Spurs haven’t experienced it since the 1970s. There’s a fair way to go – seven games after today – but when the dust settles, the result of this afternoon’s match between Spurs and Forest may prove decisive. There’s not much else to say really: it’s a mustn’t-lose game for two teams who are waist-deep in the malodorous stuff. Spurs will hope they turned a corner when Richarlison equalised in injury-time at Anfield, a result they followed with a losing victory over Atletico Madrid in midweek. Forest could have done without extra-time in Belgium on Thursday but they’ve won their last three matches against Spurs, including a 3-0 evisceration at the City Ground in December, and have probably played better than recent league results suggest. Spurs and Forest would have gotten away with it if it wasn’t for their pesky ex. But Nuno Espirito Santo, sacked by both clubs, has revived an apparently doomed West Ham. Their win at Spurs in January was the start of an excellent run of 15 points in nine games, and another victory at Aston Villa today would move them out of the relegation places for the first time in 2026. We’ll have goal updates from that match as well, but our main focus is on events in north London. Kick off 2.15pm

It is peak harvesting season for avocados in the lush southern highlands of Tanzania but growers are racing against time to find buyers for the precious green fruits before they overripen. Donald Trump’s disastrous Middle East war is being felt in the world’s energy markets but oil and gas are not the only products that transit through the maritime choke point of the strait of Hormuz. The conflict is also hitting supply chains elsewhere. Shipping routes for Tanzanian avocados towards lucrative markets in the Gulf and beyond are blocked, and air freight capacity is down significantly. The Tanzania Horticultural Association recently warned its members: “Shipping lines have currently suspended acceptance of bookings for consignments across all routes and market destinations including Europe, Middle East, India, and China.” Transform Trade, a campaign group that works with small-scale farmers, has been gathering evidence of the war’s impact. It says many smallholders are having to accept prices as low as 50% of the usual rate or struggling to sell at all. In Mombasa, Kenya, meanwhile, warehouses are filling up with mountains of tea that in normal times would be on the way to the Gulf or key markets such as Pakistan for processing, blending and packing. Here, too, growers are being forced to accept rock-bottom prices or are failing to find markets at all. Alice Oyaro, Transform Trade’s chief executive, said: “Alongside the devastating impact on civilians directly affected by the war, there are serious global consequences that risk being overlooked. The story we’re unlikely to hear, is about the small-scale producers responsible for most of the world’s jobs and almost all of its food.” Because they happen to be ripening just about now in east Africa, avocados and tea are urgent examples of the way the immediate knock-on effects of the conflict are crashing into ordinary citizens’ livelihoods, thousands of miles away. As the war rolls into its fourth week with no sign of d...

当地时间3月22日下午，以色列国防军称，已开始对黎巴嫩南部的真主党基础设施进行“大规模”空袭。(央视新闻) 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。

Rawpixel Ltd/iStock via Getty Images A heated debate has erupted between tech enthusiasts and Wall Street professionals over whether artificial intelligence can replicate the Bloomberg Terminal at a fraction of the cost, The Wall Street Journal reported. The controversy gained traction after viral social media posts suggested that new AI tools, including products from startup Perplexity, could offer a cheaper alternative to the roughly $30,000-per-year system long relied upon by traders and analysts. Finance professionals pushed back hard. For many on Wall Street, the Bloomberg Terminal is more than software. It is deeply embedded in daily workflows, combining market data, trading tools and a vast messaging network used to communicate with clients and peers. Critics of the AI claims argue that these integrated features, along with proprietary data and reliability, cannot be easily duplicated. Tech advocates counter that the skepticism reflects a broader resistance to disruption. They argue that recent advances in AI coding tools make it increasingly feasible to build functional alternatives to legacy systems, even if early versions fall short. Perplexity, which has been linked to the online buzz, denied orchestrating any campaign against Bloomberg. The company says its goal is to expand access to financial tools, not directly compete with the terminal. Still, even some AI supporters acknowledge limitations. Replicating Bloomberg’s data ecosystem, global user network and infrastructure remains a major challenge. Longtime users say attempts to recreate the platform using AI-generated code have so far produced underwhelming results. Bloomberg, which has dominated the market for decades, has also been integrating AI into its own platform, reinforcing its position as both incumbent and evolving competitor. For now, the clash highlights a familiar tension: Silicon Valley’s belief that everything can be rebuilt cheaper and faster, versus Wall Street’s reliance on systems t...

文｜兰杰 编辑｜乔芊 3月19日，腾讯发布了2025年全年以及Q4的财报，表现依然稳健。其中，游戏仍是腾讯的基本盘业务，贡献了超30%的收入。 2025年，腾讯本土市场游戏的收入为1642亿元，同比增长18%，得益于《三角洲行动》的强劲表现，以及《王者荣耀》、《和平精英》等长青游戏及《无畏契约》系列(个人电脑端及移动端)的收入增长。 国际市场游戏收入为774亿元，同比增长33%，得益于 Supercell 旗下游戏及《PUBG MOBILE》的收入增长，以及《鸣潮》 的增量收入贡献。 回顾过去一年，AI毋庸置疑是腾讯的核心关键词，也是其游戏业务的核心关键词。 在财报和业绩会中，腾讯的管理层不只一次强调，AI之于游戏的重要作用，包括它如何在游戏中落地、如何让游戏变得更加好玩。 例如《和平精英》中的AI队友，《王者荣耀》中的智能陪伴“灵宝”。 财报中如此表示AI之于游戏的作用：“我们通过在游戏中部署AI，加速了内容制作，改善了用户体验并提升了我们的营销效益。” 某种程度上，AI在游戏中的落地，是腾讯不得不去讲的故事，也是腾讯游戏长青化策略的一环。 过去一年，腾讯围绕AI的开支不断攀升。据财报，腾讯2025年的一般及行政开支达到了1361亿元，同比增长21%，是支出中的大头，也是所有支出中同比增长最多的，由于AI相关的研发、投资及人才成本的上升导致。投资人也频频发问，收入与利润能否跑赢支出。 与此同时，2025年也是多模态大模型全面落地的一年，游戏由此成为了一个极合适的落地场景和展示窗口。 只是相较于游戏有没有因为AI更好玩，投资人对腾讯更好奇的问题是，AI如何在游戏研发的过程中降本、又如何提升其效率与数量。 对此，腾讯首席战略官詹姆斯·米切尔（James Mitchell）表示，数量并不是腾讯的追求，“我们希望那些顶尖的游戏可以长盛不衰。”“如何让优秀的游戏保持优秀、保持成功，如何做出更多的爆款游戏，才是我们最应该关注的。” 同样是3月19日，腾讯官方公布了另一组数据——《三角洲行动》的DAU（日活跃用户数）已经达到了5000万，这意味着这款2024年9月上线的射击游戏，跻身于腾讯的长青游戏之列，与《王者荣耀》、《和平精英》等代表作并列。 《三角洲行动》会有如今的成绩，腾讯的长线运营策略功不可没。2025年10月，这款游戏曾因为玩法公平性不足而饱受质疑，一度收到了超50...

格隆汇3月22日｜招金矿业(1818.HK)公布截至2025年底止全年业绩，收入180.56亿元，同比上升56.32%；股东应占溢利36.14亿元，同比增长1.49倍，受惠于集团黄金销售价格上涨及销量增加所致。每股盈利0.96元，末期息派0.1元。 集团表示，2026年，在大国博弈日趋激烈、地缘政治风险加剧、美国联储局货币政策和财政政策不确定性尚存的背景下，黄金战略价值持续提升，有望继续保持较强的资产配置吸引力。在此背景下，集团将坚守国际化战略主线，聚力赋能、攻坚发力，深耕黄金主业，激活创新动能，实现规模、效益与价值协同跃升。

On February 17, 2026, Cinctive Capital Management LP disclosed a new position in Commvault Systems (CVLT 0.51%), acquiring 157,815 shares in a transaction estimated at $19.78 million based on quarterly average pricing. What happened According to a February 17, 2026, SEC filing, Cinctive Capital Management reported a new position in Commvault Systems (CVLT 0.51%), acquiring 157,815 shares. The quarter-end value of the position stood at $19.78 million. What else to know The new position in Commvault Systems accounts for 1.07% of Cinctive’s 13F reportable AUM as of December 31, 2025. Top five holdings after the filing: NYSE:VST: $53.84 million (3.1% of AUM) NYSE:CVX: $36.56 million (2.1% of AUM) NASDAQ:FYBR: $36.41 million (2.1% of AUM) NASDAQ:EXAS: $33.51 million (1.9% of AUM) NASDAQ:CYBR: $32.93 million (1.9% of AUM) As of Friday, Commvault Systems shares were priced at $79.41, down 51% over the past year and well underperforming the S&P 500, which is instead up about 15% in the same period. Company overview Metric Value Price (as of Friday) $79.41 Market capitalization $3.5 billion Revenue (TTM) $1.15 billion Net income (TTM) $87.00 million Company snapshot Commvault Systems offers data protection, backup and recovery, disaster recovery, and cloud-based storage solutions, with flagship products such as Commvault Backup and Recovery, Commvault Disaster Recovery, and the Metallic SaaS platform. The company generates revenue primarily through the sale of software licenses, cloud-based services, integrated appliances, and professional support services, leveraging both direct sales and an extensive channel partner network. Its primary customers include large enterprises, small and medium-sized businesses, and government agencies across sectors such as financial services, healthcare, manufacturing, utilities, and technology. Commvault Systems is a leading provider of enterprise data management and protection software, serving a global client base from its headquarters in ...

Gold prices have surged in recent years, reaching over $5,500 per ounce a little over a month ago. While prices have cooled since then, rising geopolitical tensions and government spending suggest gold prices could remain elevated, creating an opportunity for investors looking to buy gold miners. For investors looking to capitalize on rising commodity prices, SSR Mining (SSRM 4.57%) could be an undervalued stock to consider. Here's why. Expand NASDAQ : SSRM SSR Mining Today's Change ( -4.57 %) $ -1.10 Current Price $ 22.99 Key Data Points Market Cap $4.7B Day's Range $ 22.56 - $ 24.16 52wk Range $ 8.65 - $ 33.49 Volume 6.4M Avg Vol 4M Gross Margin 35.73 % 1. Rising gold production will boost cash flow Gold prices have nearly tripled over the past three years, showing incredibly strong demand for the precious metal. According to the World Gold Council, demand for gold hit a record high, exceeding 5,000 tonnes for the first time ever last year, as investors and central banks piled into the precious metal. SSR Mining, which is based in Denver, Colorado, has been steadily increasing its mineral reserves over the past several years, growing 34% since 2020 to 11 million gold equivalent ounces through acquisitions and resource development. Looking forward to this year, the company projects a 10% increase to 450,000 to 535,000 gold equivalent ounces, thanks to robust production across its American-based assets. This growing production should drive substantial cash flow generation. 2. Its valuation is cheap, and could rerate higher if gold remains elevated For investors looking to capitalize on the surge in gold, mining stocks offer a leveraged bet on the commodity. That's because minor stock prices are driven by profit margins, which can expand disproportionately when gold rises. Because a miner's extraction costs don't scale 1-to-1 with gold prices, a higher selling price translates directly into disproportionately higher bottom-line profits. On a valuation basis, SSR Mini...