J Studios/DigitalVision via Getty Images Co-authored by Kody's Dividends We live in an era that loves to compare generic products to the original premium product. You don't have to go far on Instagram, Facebook ( META ), or even TikTok ( TIKTOK ) to find people promoting dupes. Dupes are copies or close equivalents of popular products that are often significantly cheaper. The downside with many of these dupes is that the quality is lower or they're lacking some key feature the original has, and it's the reason why the original can still command the high price that it does versus the dupe. If that lacking feature doesn't matter to you, then the dupe may be just as good for your specific situation. But the original premium product remains the gold standard the dupes are compared against. Otherwise, the original product would be compared to the dupe instead of the dupe to the original product. When it comes to global asset management, there are few names that are as well-known as BlackRock ( BLK ). It is so well known that it can be considered the gold standard of global asset management . Let's take a closer look at why this is the case. The Gold Standard Of Global Asset Management BlackRock Q4 2025 Earnings Release Supplement As of Dec. 31, 2025, BlackRock ( BLK ) held approximately $14 trillion (or units of trust, as they often call it) of assets under management. As illustrated above, BLK's AUM base is highly diverse: 24% being actively managed, 39% ETFs, 29% non-ETF indices, and 8% cash. The star anchoring its ETF AUM is the iShares franchise , which has around $5 trillion in AUM, making it the largest issuer of ETFs on the planet. Beyond being an asset manager, BLK also owns the Aladdin platform . This is an investment management software program used by major financial institutions throughout the world. As Kody indicated last month , BLK had a fantastic fourth quarter to close out Q4 2025. The company's total revenue vaulted 23.4% higher year-over-year to $7.01 ...

OlekStock/iStock via Getty Images We start this article with a recent and prudent observation from famed bond manager Jeffery Gundlach this week on the mechanics of Wall Street: 2005-2006: “ Hey! We found a way to turn BBB ratings into AAA ratings. And pocket the difference !!” 2024-2025: “ Hey! We found a way to put illiquid assets into liquid funds. And pocket the difference !!” The private credit markets are deteriorating at an accelerating rate here in March. The problems at Blue Owl Capital ( OWL ) that came to the surface in the last half of February kicked off the recent spate of concerning news emanating from the private credit and business development company space. Company Filings, Barclays Research Negative news flow has greatly increased around these markets this month. Morgan Stanley ( MS ) and BlackRock ( BLK ) have blocked full redemption requests from investors in March. The $33 billion private credit fund at Cliffwater also hasn't honored full redemption requests . This is giving many seasoned investors some 2007 déjà vu, as this reminds them of the 'gating' that happened in mortgage funds that year in front of the Great Financial Crisis. In another blast from the past, Goldman Sachs is now creating entities that allow investors to bet against private credit. Reminding some of when the investment bank did the same to allow wagers against mortgage-backed securities, or MBS, during the housing bust more than a decade and a half ago. UBS recently projected that default rates in private credit could hit 15% in a worst-case scenario. This would dwarf the corporate loan default rates of banks during the peak of the GFC, it should be noted. UBS While the private credit market has experienced huge growth since the Great Financial Crisis, it is still just under a $2 trillion space. However, much like the subprime market from yesteryear, it is the potential for contagion and the tightening of credit from the problems in this niche that is concerning experienc...

nanako75/iStock via Getty Images Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to "mark your beliefs to market." In general, I go in order of long leading indicators, then short leading indicators, then coincident indicators. A Note on Methodology Data is presented in a "just the facts, ma'am" format with a minimum of commentary so that bias is minimized. Where relevant, I include 12-month highs and lows in the data in parentheses to the right. All data taken from St. Louis FRED unless otherwise linked. A few items (e.g., Financial Conditions indexes, regional Fed indexes, stock prices, the yield curve) have their own metrics based on long-term studies of their behavior. Where data is seasonally adjusted, generally it is scored positively if it is within the top 1/3 of that range, negative in the bottom 1/3, and neutral in between. Where it is not seasonally adjusted, and there are seasonal issues, waiting for the YoY change to change sign will lag the turning point. Thus I make use of a convention: data is scored neutral if it is less than 1/2 as positive/negative as at its 12-month extreme. With long leading indicators, which by definition turn at least 12 months before a turning point in the economy as a whole, there is an additional rule: data is automatically negative if, during an expansion, it has not made a new peak in the past year, with the sole exception that it is scored neutral if it is moving in the right direction and is close to making a new high. For all series where a graph is available, I have provided a link to where the relevant graph can be found. Recap of Monthly Reports February data included a “hot” PPI, and positive industrial production. January data included frigid new home sales and barely positive factory a...

Gold, often a haven during times of stress, has been falling. Meanwhile, stocks are down, but not as much as many expected.

Opinion: Lessons from a bad weather forecast toggle caption Andy Newman/ASSOCIATED PRESS/FR57513 AP Washington, D.C. flew into a panic last weekend. Schools closed, parents scrambled, flights were canceled, and mayors declared emergencies. "There's a storm coming!" people in and around the nation's capital exclaimed to one another Sunday night. "Are you ready? Charge your phone, so you can call for help! But unplug your laptop, because of lightning! Prune the trees! Fill your bathtubs! Juice up your generator! Stay away from windows! Hoard power bars! Hunker down!" Then, not a lot happened. The severe weather, with rain, hail, tornadoes, and hurricane-force wind gusts predicted for Monday, March 16, never quite blew into town. Sponsor Message My family and I dared to venture out for a birthday dinner in what turned out to be a light mist. After all the dire predictions, it was almost disappointing. It was almost refreshing. "What a HORRIBLE forecast by meteorologists — especially myself," local meteorologist Matthew Cappucci wrote on X, "…essentially a nothing-burger…" He posted a video in which he noted that schools, airlines, cities and families had upset their plans,"…much of it under my advice…Ten million people were notified of something that didn't really wind up happening." He explained that the movement of storms through the Carolinas had reduced the "storm fuel" of warmer air that he and other meteorologists had expected to smack into a cold front and whip up turbulence. And to be sure, there were winds and rain strong enough to fell several trees, flood a few roads, and knock out power in some Maryland and Virginia suburbs. Another meteorologist, Dr. J. Marshall Shepherd of the University of Georgia, wrote in Forbes that, "A level 4 or 5 storm in the D.C. area is rare," and "preparation was absolutely warranted in places like D.C." Still, Cappucci said, "We made a horrible forecast." Then he explained why the mistake happened and added words rarely heard f...

is editor-at-large and Vergecast co-host with over a decade of experience covering consumer tech. Previously, at Protocol, The Wall Street Journal, and Wired. Posts from this author will be added to your daily email digest and your homepage feed. Hi, friends! Welcome to Installer No. 120, your guide to the best and Verge-iest stuff in the world. (If you’re new here, welcome, get ready for Pen Opinions, and also you can read all the old editions at the Installer homepage.) I also have for you a must-see movie for the weekend, a couple of fun new ways to play with AI, a piece of delightfully inventive furniture, and much more. Let’s do this? Let’s do this. (As always, the best part of Installer is your ideas and tips. What are you watching / reading / listening to / playing / sticking to the wall with thumbtacks this week? Tell me everything: installer@theverge.com. And if you know someone else who might enjoy Installer, forward it to them and tell them to subscribe here.) The Drop Project Hail Mary . According to basically everyone I know and read, you need to see this movie. In a theater. As soon as humanly possible. I confess I didn’t like the book quite as much as The Martian — I loved that book and movie both — but I’m still getting tickets for this one this weekend. According to basically everyone I know and read, you need to see this movie. In a theater. As soon as humanly possible. I confess I didn’t like the book quite as much as The Martian — I loved that book and movie both — but I’m still getting tickets for this one this weekend. The AirPods Max 2 . Honestly? It is outrageous to me that Apple updated these headphones without making them lighter or fixing that stupid charging case. But, in the sense that these are “AirPods Max only better,” they are better in a bunch of really useful ways. Just, I mean, the case. Come on. Honestly? It is outrageous to me that Apple updated these headphones without making them lighter or fixing that stupid charging case. Bu...

Apple’s flagship 16-inch MacBook Pro has reigned supreme in the world of creator-focused laptops since its M-series processor overhaul in 2021. Since then, we’ve mostly seen the same design with year-over-year chip bumps and small refinements. “If it ain’t broke,” right? If you want to know everything about this machine, you can read our review of the last-gen M4 Pro / M4 Max models — it pretty much all holds up with the M5 models that replace them. But this time around, in addition to the usual testing and use of the new M5 Max model, it’s worth asking a specific new question: whether you should consider a new MacBook Pro if you’re currently using an M1 Pro or M1 Max model. I see you in the comments section, 2021 MacBook owners, wondering when an upgrade is worth it. And I’m here for you. We got our hands on some four-and-a-half-year-old MacBook Pros to test them against Apple’s latest and greatest, and it’s safe to say it’s worth upgrading — for some of you, at least. For 2026, the 16-inch MacBook Pro has faster processors, Wi-Fi 7 support, and twice-as-fast storage that now starts at higher capacities. The Pro costs $2,699 for an M5 Pro chip with an 18-core CPU and 20-core GPU, “just” 24GB of RAM, and 1TB of storage. At a starting price of $3,899, the M5 Max has an 18-core CPU, 32-core GPU, 36GB of RAM, and 2TB of storage — along with double-capacity memory bandwidth over the M5 Pro (for faster data transfer between the CPU and RAM). Our M5 Max test unit is souped up with a 40-core GPU, 128GB of RAM, 4TB of storage, and a Nano-texture anti-glare display, all costing an exorbitant $6,149. Component report card Screen: A Webcam: A Keyboard: B Trackpad: A Port selection: B Speakers: A Number of ugly stickers to remove: 0 The M1 Pro and M1 Max 16-inch MacBook Pros I got my hands on for some limited testing have comparatively quaint specs. The M1 Pro is a 10-core CPU / 16-core GPU model, with 16GB of RAM and 1TB storage (it cost $2,699 when new in 2021). And the M1 Ma...

The Iran conflict has thrown both the U.S. economic outlook and Fed policy plans out the window. While geopolitical events tend to be short term in nature and conditions often return to the way they were after tensions settle, this conflict is looking more and more like it will be a problem for a while. It's also impacting what the Fed might be able to do this year. For months, the Fed Funds futures market has been pricing in rate cuts this year. Even with inflation remaining stubbornly above target and several Fed members expressing hesitation to cut rates in light of this, futures had been indicating expectations for two rate cuts in 2026. This belief was largely based on the notion that gross domestic product (GDP) growth was likely to slow and the labor market showed stagnant job growth. Plus, if the current oil spike was due to a supply driven event, it may only be temporarily inflationary. Long-term macro fundamentals should outweigh short-term shocks. But the inflation question still isn't going away. It doesn't seem out of the question that the Iran conflict could drag out for months. If Iran is willing to close off the Strait of Hormuz indefinitely despite the United States government's insistence that it won't withdraw until Iran surrenders, we could be facing a long stalemate. This all leads to one big question: Should the Fed be giving stronger consideration to hiking rates here, rather than cutting them? Let's take a look at some of the factors that could support the case for rate increases. Corporate earnings are strong Current estimates call for 11.6% earnings growth for the S&P 500 (^GSPC 1.51%) in Q1 2026. If that number delivers, it would be the sixth consecutive quarter of double-digit year-over-year earnings growth for the index. Even better, small-cap earnings growth expectations are starting to improve as well. Rate cuts are meant to support an economy that's deteriorating. If corporate earnings are already strong and in some cases accelerating...

Yeomans Consulting Group Inc. purchased a new stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,035 shares of the semiconductor manufacturer's stock, valued at approximately $866,000. Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock valued at $532,000 after purchasing an additional 976 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer's stock worth $435,000 after buying an additional 628 shares in the last quarter. United Bank bought a new position in Micron Technology during the 2nd quarter valued at $236,000. Schnieders Capital Management LLC. boosted its holdings in Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer's stock worth $2,093,000 after acquiring an additional 6,867 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in shares of Micron Technology by 12.5% in the 2nd quarter. Kingsview Wealth Management LLC now owns 5,964 shares of the semiconductor manufacturer's stock worth $735,000 after acquiring an additional 661 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock. Get Micron Technology alerts: Sign Up Micron Technology Trading Down 4.8% Shares of MU stock opened at $422.81 on Friday. The company has a market capitalization of $475.87 billion, a PE ratio of 19.96 and a beta of 1.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.78 an...

The Olympic boxing champion Lin Yu-ting has been cleared to compete in the female category at World Boxing events, the Chinese Taipei Boxing Association (CTBA) has announced, hailing the news as a “tremendous relief”. Lin and the Algerian boxer Imane Khelif were embroiled in a gender row at the 2024 Paris Games, where they won Olympic titles in separate weight classes. World Boxing, a body recognised by the International Olympic Committee (IOC), confirmed the decision to allow Lin back into the ring after its medical experts ruled that the 30-year-old athlete was female. The decision means Lin can compete in the Asian Boxing Championships in the Mongolian capital, Ulaanbaatar, starting next Saturday, her first international event since Paris. “We are pleased that World Boxing’s independent medical experts thoroughly reviewed all evidence and confirmed that she has been female since birth,” the CTBA said in a statement. Under World Boxing’s policy introduced in August, fighters over 18 who want to participate in the women’s category need to take a one-off genetic test. Lin was tested last year, but World Boxing has not revealed the results. She missed the world championships in Liverpool in September after reportedly failing to get a response from World Boxing. The CTBA began an appeal process, submitting medical documents to World Boxing that were analysed by its medical committee. Its secretary general, Tom Dielen, said in a statement: “Following the conclusion of an appeal process… we can confirm that the boxer is eligible to compete in the female category at World Boxing competitions.” Lin and Khelif were excluded from the International Boxing Association’s 2023 world championships after the IBA said they had failed eligibility tests. However, the IOC allowed them both to compete in Paris, saying they had been victims of “a sudden and arbitrary decision by the IBA”. Khelif has not competed in World Boxing-sanctioned events since the implementation of the test, bu...

格隆汇3月21日｜据以色列媒体21日消息，以国防部长卡茨当天表示，在接下来的一周，以色列与美国将“显著加大”对伊朗的军事打击力度。据《以色列时报》，卡茨在与军方官员举行的一次评估会议上称，接下来的一周，以色列和美国将“显著加大”针对伊朗基础设施的打击力度。卡茨称，以色列“决心继续主导”针对伊朗的军事行动，打击伊朗指挥体系并挫败其战略能力，直至消除一切对以色列国家安全以及美国在该地区利益构成的威胁。卡茨还称，以色列在实现所有战争目标之前“不会停止行动”。

格隆汇3月21日｜伊朗伊斯兰革命卫队：凌晨3点45分，伊朗中部地区被伊斯兰革命卫队空天部队的新型防空系统击落，这是属于犹太复国主义政权的第三架敌方战斗机，型号为F-16。战争爆发后的前三周，成功追踪并摧毁了200多架敌方飞机，包括无人机、巡航导弹、加油机和先进战斗机。这表明伊朗及其周边地区对敌方空域的监视和追踪能力显著提升，国家防空体系也得到了加强。

JJFarquitectos/iStock Editorial via Getty Images Introduction The last time I covered Unilever ( UL ), I highlighted how their planned ice cream spin-off and 2030 plan could help improve their margins, although there were several macro headwinds to keep in mind. Although the stock is down to 52-week lows following the escalation of the Iran conflict, broader macro pressure, and recently announcing their intention to look into a potential spin-off/sale of their food business, I believe UL’s current valuation remains fair, with the margin of safety not justifying a buy yet. Internal Developments Unilever IR UL reported a relatively solid quarter and year, with a 3.5% growth rate in underlying sales in 2025, 2 percentage points coming from price growth and 1.5 points from volume growth, the latter being quite rare in this environment, being an advantage of the company’s global footprint, while their 30 “Power Brands” ( 78% of turnover ; 11 of them being billion-dollar brands) delivered even better numbers. Meanwhile, the free cash flow (excluding the Magnum Ice Cream ( MICC ) branch that was successfully demerged recently - with UL keeping 19.9% of them, for now - reached €5.9 billion, with a 100% cash conversion rate, while they also completed several other portfolio dispositions and bolt-on acquisitions. For 2026, Unilever expects a similar 4% to 6% underlying sales growth rate, with modest underlying operating margin improvements from last year’s 20% - which remains solid for a company in this industry, further highlighting their diversified, global operations with significant exposure to Asia (44% of their turnover, double the 22% coming from North America) - with CAPEX expected at about 3% of their turnover. Unilever IR Financially, based on UL’s latest report , we can see an overall normal position for a company like this, with the current assets not covering the current liabilities, but with an overall manageable level of debt, with a relatively low 2.0x Net Deb...

3月20日，帝欧水华（002798.SZ）发布公告，公司拟接受龙湖集团（00960.HK）、万科（000002.SZ）、碧桂园（02007.HK）、中国金茂（00817.HK）、成都新希望置业有限公司等19家房企非现金资产抵债。 更为直接的说法是“以房抵债”。公告显示，债务人以其已建成和在建商品房（含住宅、商铺、公寓、停车位）合计金额1.61亿元（已含增值税），用以抵偿其所欠付公司的货款共计1.55亿元，差额606.49万元由公司以现金方式结付。 执行方式有两种，一是，公司与债务人订立书面约定，将相关房产网签备案给公司用以抵偿债务，公司聘请资产评估公司，对相关抵债房产进行评估；二是，公司与债务人订立书面约定，由债务人在约定的时间内将房产出售，以取得的销售回款归还给本公司用以抵偿债务。 公告称，本次非现金资产抵债的债务人均是公司建筑陶瓷和卫浴业务的客户及其关联人，所有的债务人均与公司及公司董事、高级管理人员、5%以上股东及其关联方不存在关联关系，亦不存在向公司及公司关联方输送利益的情形。目前，公司已对部分抵债资产进行财务入账，入账依据为网签备案的评估价值或市场价格标准进行确认。 帝欧水华聘请了资产评估公司，对涉及已网签备案及拟网签备案的抵债房产进行评估。评估结果显示，用于抵债的房产（已网签及拟网签）于2026年1月31日（评估基准日）的评估价值为6454.75万元。 公告指出，该评估价值与抵债金额9451.58万元存在差异，“公司经审慎考虑后认为，对资产抵偿作出适当让步，通过以房抵债方式来化解应收账款的回款风险是实现资产安全的最优办法，也有利于最大化维护公司和全体股东的权益”。 公告显示，本次事项已经过董事会的审议通过。此前，公司已多次开展以非现金资产抵债事项，2024年5月至2025年4月累计抵债金额约7.83亿元，相关事项已在2024年年度股东会上通过。

Teamjackson/iStock Editorial via Getty Images Veolia ( VEOEY ) has been one of my primary buys for some time. I thought the company, as of recently, was on the "way up", given the trends we were seeing with the stock hitting native share prices of almost €36/share. I was, in fact, close to lowering my rating to "HOLD". Despite the recent trend, you will see that based on my ratings, Veolia has not only performed well, it has also outperformed the SPY. Seeking Alpha Veolia RoR Veolia remains, in my mind, one of the premier investment opportunities in this sector. This is especially the case now that the sector is seeing extremely overvalued tendencies, which thankfully Veolia is in no way part of (after the recent decline, at least). Veolia's quality as an investment is good for several reasons. You can read them somewhat included in my last article, which you can find here, but for the sake of simplicity, I will reiterate them quickly here. Veolia is a very defensive investment in key human need areas , including water, waste, and energy. It offers a high rate of recurring revenue generation , which translates into high cash generation. Its growth potential within the EU is secured through its current investment and CapEx plan, combined with a solid set of inflation-protected cash flows , a very good dividend yield, and moves to expand further into the lucrative markets of hazardous waste and decarbonization. Its fundamentals and solid historical performance only underscore the company's positive quality in virtually every operating environment. I will go through key risk areas in this article, but it's important to understand from the get-go that key risks for this player are relatively limited or low, no matter how you choose to view it. This is because Veolia is a major player in the EU energy transition , and is set to receive significant advantages from this happening over the next 5 years. The description above is why I am significantly invested in the company...

23s ago 12.10 GMT GOAL! Manchester City 1-0 Tottenham (Khadija Shaw, 8) Shaw fires City into the lead! Greenwood sends a corner into the box and Blakstad fails to clear the ball away. It drops directly to Shaw in the six-yard box, who does not hesitate before smashing her shot home. Share 3m ago 12.07 GMT Zach Neeley has messaged in to say: “Caldentey, Smith, Russo, Kelly, Blackstenius. That’s A LOT for West Ham’s defence to have running at it…” Share 5m ago 12.06 GMT GOAL! Arsenal 1-0 West Ham (Stina Blackstenius, 4) Arsenal get the first goal of the afternoon! Kelly sends a cross into the danger zone from the left and Blackstenius pounces to poke the ball into the net. Share 7m ago 12.03 GMT Manchester City v Tottenham: City are pressing high in the early stages, but Spurs remain compact at the back. Share 14m ago 11.57 GMT The teams are out across the grounds and we’re about to get under way! Share 40m ago 11.30 GMT Team news – Manchester United v Everton Manchester United starting line-up: Tullis-Joyce, Le Tissier, Lundkvist, Park, Malard, Terland, Rolfö, Awujo, Naalsund, Zigiotti, Turner. Substitutes: Middleton-Patel, Rendell, George, Anderson, Drury, Schüller. Everton starting line-up: Brosnan, Hobson, Fernández, Mace, Pacheco, Van Gool, Galli, Kramzar, Payne, Vignola, Momiki. Substitutes: Ramsey, Gabarro, Gago, Lawley, Harbert, Stenevik, Jones. Share 52m ago 11.19 GMT Team news - Arsenal v West Ham Arsenal starting line-up: Borbe, Holmberg, Wubben-Moy, Codina, Hinds, Little, Caldentey, Smith, Russo, Kelly, Blackstenius. Substitutes: Votikova, Van Domselaar, Fox, Mead, McCabe, Pelova, Harwood. West Ham starting line-up: Szemik, Hansen, Nyström, Cascarino, Belloumou, Tennebø, Siren, Zelem, Morgan, Wandeler, Martinez. Substitutes: Walsh, Endo, Bose, Zadorsky, Brasero, Hanshaw, Houssein, Cemal, Piubel. Share 1h ago 11.14 GMT Team news - London City Lionesses v Chelsea London City Lionesses starting line-up: Lete, Fernández, Pattinson, Asllani, Van de Donk, Linari...

Bloomberg's Abeer Abu Omar, Skylar Woodhouse and The Associated Press' Konstantin Toropin join David Gura and Christina Ruffini on “Bloomberg This Weekend” to discuss the implications for US foreign policy and the political dynamics surrounding Trump's approach to Iran. (Source: Bloomberg)

⚽ Updates from the 12.30pm GMT Premier League kick-off ⚽ Ten things to look out for | Table | Mail Scott Hürzeler’s side can get into the top half of the table with a win this lunchtime. They’d leapfrog over Everton into eighth spot, for a couple of hours at least. (Fulham host Burnley at 3pm and Everton welcome Chelsea at 5.30pm, but with Newcastle not in action until tomorrow’s north-east derby, a top-half spot come bedtime would be guaranteed.) Liverpool can move into fourth with a win; Aston Villa don’t play until they host West Ham tomorrow. Sumer The business end of the season is icumen in . Brighton boss Fabian Hürzeler talks to TNT Sports. “We try to stick to your principles … don’t over-react … don’t get too depressive … don’t focus on the lows … keep the work ethic high … I am a big believer of this team … of the quality of the players … they stepped up … showed ownership and responsibility … we have been able to manage the key moments of the game … every player knows his role … it is so important to do the small margins right … we need to play intense today … we have to be really tight … press like a very compact team … I always see football as an event … fans spend a lot of money … we want to win with our identity … we are not known for set-piece culture … playing with courage … being innovative … how you want to be seen.” Continue reading...

Alibaba (BABA 1.99%) shares sank after the company reported its fiscal third-quarter results (ending Dec. 31, 2025), as rising expenses ate into profitability and results fell shy of expectations. The company has been investing heavily in both AI infrastructure and quick commerce. The stock is down nearly 15% on the year, as of this writing. Let's take a close look at its results and prospects to see if the stock is a rebound candidate. Expand NYSE : BABA Alibaba Group Today's Change ( -1.99 %) $ -2.49 Current Price $ 122.41 Key Data Points Market Cap $275B Day's Range $ 122.09 - $ 126.48 52wk Range $ 94.97 - $ 192.67 Volume 15M Avg Vol 12M Gross Margin 40.43 % Dividend Yield 0.86 % Improved revenue growth, but heavy spending weighs on profits Alibaba's cloud computing business continues to see strong revenue growth, fueled by demand for artificial intelligence (AI) products. Its cloud intelligence revenue jumped by 36% to $6.1 billion. AI product revenue more than doubled for the 10th straight quarter. The segment's adjusted EBITA (earnings before interest, taxes, and amortization), meanwhile, climbed by 25% to $559 million. The company projected that it could reach $100 billion in AI revenue over the next five years. Before its report, the company said it would raise prices on some of its AI services by as much as 34%. Alibaba's largest business remains its e-commerce operations, led by Tmall, which serves established brands, and Taobao, which allows both brands and individuals to sell on its platform. The company has worked hard to turn this business around, but the results were mixed in the quarter. E-commerce revenue rose by 6% to $22.8 billion. The growth was fueled by a 56% jump in quick-commerce revenue to $3 billion. The company's important third-party business revenue, meanwhile, only edged up 1% to $14.7 billion, hurt by the phase-out of its software service fee implementation. Direct sales were flat at $4.1 billion, and wholesale sales rose 5% to $990 mi...

Key Points The Schwab U.S. Dividend Equity ETF is one of the most popular dividend ETFs in the marketplace. Its combination of balance sheet quality, dividend history, and high yield has delivered strong long-term results. The YieldMax U.S. Stocks Target Double Distribution ETF (DDDD) aims to double that yield, with some caveats. 10 stocks we like better than Tidal Trust II - YieldMax U.s. Stocks Target Double Distribution ETF › If you're a dividend investor, you've probably at least heard of the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) if you aren't already an investor in it. It's currently the 2nd largest dividend exchange-traded fund (ETF) in the world with more than $83 billion in assets, behind only the Vanguard Dividend Appreciation ETF. Its strategy, which considers balance sheet quality, dividend history, and yield, has delivered strong results since its 2011 launch. It's currently one of the best-performing dividend ETFs of 2026. With the current boom in leveraged and ultra-high yield products in the ETF marketplace, it shouldn't be a surprise that this fund has become a target. Earlier this month, YieldMax launched the YieldMax U.S. Stocks Target Double Distribution ETF (NYSEMKT: DDDD). Its objective is to deliver twice the annual distribution yield of the Schwab U.S. Dividend Equity ETF. 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 » How does the 2x Yield SCHD ETF work? At its core, the YieldMax U.S. Stocks Target Double Distribution ETF is an option income strategy. This is usually the case for any product that aims to magnify the yield of an equity basket. In this fund's case, it plans to hold the components of the Schwab U.S. Dividend Equity ETF while simultaneously writing options on a select subset of the fund's holdings to generate additional premium income. The option str...

格隆汇3月21日｜约旦军队：自战争开始以来拦截并摧毁了240枚从伊朗发射的导弹和无人机中的222枚。

Olympic champion and world-record holder Keely Hodgkinson qualifies fastest for Sunday's 800m final at the World Indoor Athletics Championships in Poland.

Down $139.46 from the usual price. Gaming desktop prices have been holding steady through early 2026, but MSI just cut the price on one of its mid-range systems. The Aegis Z2 with AMD Ryzen 7 and RTX 4060 graphics is now available at a discount that brings it below its recent average pricing. msi Aegis Z2 Gaming Desktop : AMD drops to $1191.84 - save $139.46. This 10% discount positions the system as a competitive option for gamers looking for a pre-built solution with upgrade-friendly design. THE DEAL For just $1191.84, below its 30-day average of $1331.30. The system has been priced around $1256 on average over the past 90 days, making this current discount a meaningful reduction from recent pricing trends. What You're Getting The MSI Aegis Z2 Gaming Desktop packs an AMD Ryzen R7-7700 processor paired with an NVIDIA GeForce RTX 4060 graphics card. You get 16GB of DDR5 memory and a 1TB m.2 SSD for storage. MSI emphasizes the system's cooling with four system fans and an RGB CPU air cooler, plus the chassis is designed for easy upgrades with standardized components. Windows 11 Home comes pre-installed, and the package includes a keyboard and mouse.

The fog of war describes a situation where soldiers in the heat of battle become disoriented, lose contact with their unit and even fail to distinguish friendly forces from enemy combatants due to uncertainty created by the inability to see the whole battlefield and the fast-paced nature of fighting. It can lead to poor and often deadly decisions. On rare occasions a fog envelops the investing landscape leaving the future fraught with uncertainty. That is where we are now. Investors should be focused on three things right now: Evaluating their portfolio risk Raising cash Waiting for clear positive developments on the war. The war in Iran has created a huge amount of uncertainty. Some of its effects have already become readily apparent. Everyone already has seen an increase at the pump in gasoline prices, but it's not just oil production that has been disrupted. Potential shortages in helium, aluminum, fertilizer, natural gas and pharmaceuticals could affect the price of a new car, cell phone, drugs and even everyday food staples. After several attempts to bounce this week — including a late rally Thursday on nondescript comments from Israel Prime Minister Benjamin Netanyahu — the S & P 500 closed lower for a fourth-straight week and the Nasdaq Composite Index fell nearly into a 10% correction. If prices are pushed high enough for long enough it could lead to demand destruction, a long-term decrease in consumption that often causes a recession. We are already seeing the potential signs with base metals such as copper seeing significant selloffs this week. @HG.1 YTD mountain Copper futures, YTD Federal Reserve Chairman Jerome Powell's recent comments at a press conference following the Fed's interest rate decision reflected this sentiment. The chairman acknowledged his uncertainty about how tariffs and elevated oil prices may affect inflation and the course of monetary policy. He even urged investors to take the FOMC's quarterly rate and economic forecasts with a "gra...

格隆汇3月21日｜伊朗军方发言人表示，美国和以色列正以海湾地区的民用和客轮为目标，并警告将采取报复行动。

Union Bancaire Privee UBP SA trimmed its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 22.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 620,461 shares of the information services provider's stock after selling 176,007 shares during the period. Alphabet makes up approximately 2.9% of Union Bancaire Privee UBP SA's holdings, making the stock its 9th biggest holding. Union Bancaire Privee UBP SA's holdings in Alphabet were worth $194,701,000 at the end of the most recent quarter. Get Alphabet alerts: Sign Up Several other institutional investors have also added to or reduced their stakes in the business. Imprint Wealth LLC acquired a new position in shares of Alphabet in the third quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet during the third quarter worth $32,000. Tripletail Wealth Management LLC acquired a new stake in shares of Alphabet during the 3rd quarter valued at about $40,000. University of Illinois Foundation acquired a new stake in Alphabet in the second quarter valued at approximately $31,000. Finally, Retirement Wealth Solutions LLC increased its holdings in Alphabet by 145.0% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider's stock worth $48,000 after acquiring an additional 116 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock. More Alphabet News Here are the key news stories impacting Alphabet this week: Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon — a high‑profile talent win that strengthens Alphabet’s AI research and commercial credentials versus rivals. Read More. DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon — a high‑profile talent win that strengthens Alphabet’s AI research and commercial credentials versus rivals. Read Mo...

Union Bancaire Privee UBP SA boosted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 50.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 307,671 shares of the social networking company's stock after acquiring an additional 103,097 shares during the period. Meta Platforms accounts for about 3.0% of Union Bancaire Privee UBP SA's portfolio, making the stock its 7th largest holding. Union Bancaire Privee UBP SA's holdings in Meta Platforms were worth $203,133,000 at the end of the most recent quarter. Several other hedge funds also recently added to or reduced their stakes in META. Brighton Jones LLC increased its position in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after acquiring an additional 570 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock valued at $5,537,000 after purchasing an additional 875 shares during the period. Headwater Capital Co Ltd boosted its position in shares of Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after buying an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in shares of Meta Platforms in the second quarter valued at $213,000. Finally, Capital & Planning LLC purchased a new stake in shares of Meta Platforms in the 2nd quarter valued at $322,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors. Get Meta Platforms alerts: Sign Up Insider Buying and Selling In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of the firm's stock in a transaction t...

Union Bancaire Privee UBP SA trimmed its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 46.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 158,700 shares of the enterprise software provider's stock after selling 136,965 shares during the quarter. Union Bancaire Privee UBP SA's holdings in Oracle were worth $30,932,000 as of its most recent SEC filing. A number of other institutional investors have also added to or reduced their stakes in ORCL. Norges Bank bought a new stake in Oracle in the 2nd quarter valued at $4,275,378,000. Jennison Associates LLC boosted its holdings in shares of Oracle by 2,062.4% during the 3rd quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider's stock valued at $2,595,072,000 after purchasing an additional 8,800,546 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Oracle by 2.8% during the third quarter. Vanguard Group Inc. now owns 168,960,500 shares of the enterprise software provider's stock valued at $47,518,451,000 after purchasing an additional 4,681,626 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Oracle by 333.7% in the third quarter. American Century Companies Inc. now owns 5,238,006 shares of the enterprise software provider's stock worth $1,473,137,000 after purchasing an additional 4,030,382 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Oracle by 42.1% in the second quarter. Invesco Ltd. now owns 8,839,166 shares of the enterprise software provider's stock worth $1,932,507,000 after purchasing an additional 2,619,722 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors. Get Oracle alerts: Sign Up Analysts Set New Price Targets A number of brokerages recently commented on ORCL. Oppenheimer increased their price targe...

Union Bancaire Privee UBP SA lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 14.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,392 shares of the electric vehicle producer's stock after purchasing an additional 1,400 shares during the quarter. Union Bancaire Privee UBP SA's holdings in Tesla were worth $4,714,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors have also added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Tesla in the 2nd quarter valued at $11,839,824,000. Holocene Advisors LP grew its position in Tesla by 132.2% during the 3rd quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer's stock worth $2,738,141,000 after acquiring an additional 3,505,000 shares during the last quarter. Amundi grew its position in Tesla by 20.4% during the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock worth $6,374,284,000 after acquiring an additional 3,422,270 shares during the last quarter. Jennison Associates LLC increased its holdings in Tesla by 38.3% in the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer's stock worth $4,851,747,000 after purchasing an additional 3,021,550 shares in the last quarter. Finally, Capital World Investors raised its position in Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer's stock valued at $19,583,547,000 after purchasing an additional 2,403,019 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Get Tesla alerts: Sign Up Trending Headlines about Tesla Here are the key news stories impacting Tesla this week: Positive Sentiment: US government-confirmed supply deal: Reut...

Union Bancaire Privee UBP SA Buys 1,400 Shares of Tesla, Inc. $TSLA MarketBeat