(RTTNews) - The Switzerland market shrugged off a slightly weak start and climbed higher on Wednesday after soft inflation data from the U.S. raised hopes the Federal Reserve will reduce interest rate a couple of times this year. The benchmark SMI ended up by 94.67 points or 0.78% at 12,167.59. The index, which edged down to 12,061.93 in early trades, climbed to a high of 12,185.77 in the final hour. VAT Group shares rallied 3.77%. ABB gained nearly 3%, while Partners Group, Julius Baer and Holcim climbed 2.2% each. Logitech International ended 1.63% up, while Swatch Group, Swiss Life Holding, Geberit, Roche Holding, Schindler Ps, Richemont and Sika gained 1 to 1.4%. Zurich Insurance Group and Sandoz Group also closed notably higher. Flughafen Zurich gained about 1.3%. The company announced that its May passenger traffic jumped 9.4% year over year to 2,772,182. The Zurich Airport operator's turnover likewise increased by 3.5% to 55.4 million francs. Lonza Group ended down 2.02%. Swisscom and SIG Group closed lower by 1.28% and 1.2%, respectively, while Sonova drifted down nearly 0.9%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

aprott/iStock via Getty Images Back in November of last year, I wrote two articles dedicated to the theme that we seem to be in an AI bubble. You can read them here and here . In short, my thesis centered around the idea that while companies have been making massive investments into the space, companies that are not in the technology space really aren't showing much return for their emphasis on AI. On top of this, the market looks incredibly expensive, and much of the upside that we have seen over the last two years has been tech-heavy. At some point, it is my belief that we will see a day of reckoning. I would venture to say that it is more likely to be a Dot-Com sort of situation as opposed to a global housing one. But regardless, there is likely to be pain, even as we are seeing the way paved for legitimate long-term value creation. The newest data that I was able to dig up shows that while there have been some parts of the economy that are doing well, with that almost certainly attributable to AI, a large chunk of the economy isn't seeing any measurable progress. This is disconcerting to say the least. And if we continue on this path, I fully expect a market correction at some point in time. This does not mean that I don't believe in the potential of AI. Rather, I think that the market is getting way ahead of itself in investing in it. Because of that, I would argue that investors would be wise to tread cautiously from this point on. A Bubble Is Brewing While I will touch briefly on some of the data points that I covered in my previous articles on this theme, the overwhelming majority of information in this article is stuff that I have never talked about publicly before. But before we get into that, I think it is important to understand just how big AI spending has gotten in recent years. Back in 2020, when AI was just sprouting up, investments in it totaled about $46 billion globally. That would quickly be dwarfed in subsequent years. In 2021, it was $72.5 bill...

'Our product is used, on occassion, to kill people': Inside Palantir, the world's scariest AI company BBC Science Focus Magazine

Super Micro Computer, Inc.’s SMCI shares plummeted 33.3% on Friday following fresh allegations, adding to its past controversies. But does this sharp decline create a buying opportunity given its strong artificial intelligence (AI)-driven outlook, or is it better for investors to stay away? Let’s take a closer look – SMCI Falls on $2.5B Smuggling Allegations Supermicro’s shares tumbled on Friday after three individuals linked to the company were accused of illegally shipping AI-centric servers equipped with NVIDIA Corporation’s NVDA graphic processing units (GPUs) to China, violating U.S. export restrictions. U.S. prosecutors have charged co-founder Yih-Shyan “Wally” Liaw, manager Ruei-Tsan “Steven” Chang, and contractor Ting-Wei “Willy” Sun under the Export Control Reform Act, alleging that they smuggled roughly $2.5 billion worth of NVIDIA-powered servers. Adding to concerns, Liaw had stepped down from Supermicro amid an accounting scandal, later rejoining the company as a consultant and then becoming a member of the board of directors. Supermicro placed Liaw and Chang on administrative leave and terminated Sun’s contract, but it was too late and too little, as it had no meaningful impact on the company’s share price. Rehiring a former employee previously linked to allegations, only to face fresh controversy, rightfully dented investor confidence. Previous SMCI Scandals Add to Investor Unease It isn’t the first time that Supermicro has faced a controversy. Earlier, a short-seller alleged accounting irregularities at Supermicro, which delayed its annual 10-K filing with the Securities and Exchange Commission. In another instance, the U.S. Department of Justice also investigated Supermicro over accounting discrepancies and received a letter of noncompliance from the Nasdaq exchange, raising concerns about being delisted. Although the company filed its delayed reports, its auditor, Ernst & Young, resigned, citing weaknesses in internal financial controls. Recurring c...

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以色列总理内塔尼亚胡23日在一段视频讲话中说，他稍早时候与美国总统特朗普通了电话，以色列将继续空袭伊朗和黎巴嫩。(新华社) 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。

A Colombian Air Force plane carrying 125 people crashed just after takeoff deep in the country’s southern Amazon region on Monday, the air force said, and military sources said 71 people on board have been rescued. Colombian Air Force Commander Fernando Silva said in ‌a video posted on social media that the plane was carrying 114 passengers and 11 crew members, and that authorities were still investigating the cause of the crash. Defence Minister Pedro Sanchez said earlier on social media the accident happened as the Lockheed Martin-built Hercules C-130 was taking off from Puerto Leguizamo on the border with Peru, as it transported troops. Advertisement “The exact number of victims and the causes of the crash have not yet been determined,” he said. Footage from the scene published by ⁠local outlet BluRadio showed thick plumes of smoke rising from the wreckage. One video showed the plane heading towards the ground just ‌seconds after take-off. BluRadio said the crash took place just 3 km (2 miles) from an urban centre. Advertisement Two military sources told Reuters that 71 people had been rescued from the wreckage. Silva put the figure at ‌48 in the earlier video message.

A flight attendant on the Air Canada Jazz flight that collided with a fire truck at New York’s LaGuardia airport on Sunday survived in what her daughter called a “complete miracle”, when she was ejected more than 100 metres from the plane while still strapped to her seat. The CRJ-900 jet, operated by Jazz Aviation, collided with a fire truck as it landed, killing both the pilot and co-pilot. Nine people were sent to the hospital with injuries, including Solange Tremblay, a flight attendant. “It’s a complete miracle. At the moment of impact, her seat was ejected more than 100 metres from the plane. They found her and she was still strapped into her seat,” her daughter Sarah Lépine told Quebec’s TVA News. “She had a guardian angel watching over her. It could have been much worse.” Lépine said her mother suffered multiple bone fractures and was taken to the hospital for surgery to mend a broken leg. According to her social media profile, Tremblay began working for Jazz 26 years ago as a flight attendant. Jazz Aviation, owned by Chorus Aviation, is an independent regional airline that operates short-haul flights on behalf of Air Canada under the Air Canada Express brand. Montreal-based Air Canada did not provide a statement on Tremblay, but several staff members confirmed details of the incident to the Guardian. TVA identified one of the pilots as Antoine Forest, 30, of Coteau-du-Lac, a city south-west of Montreal. He joined Jazz Aviation in 2022. “The loss of our two fellow crew members onboard Flight 8646 is a profound tragedy,” said Jason Ambrosi, president of the Air Line Pilots Association, the largest airline pilot union in the world. “These pilots dedicated their careers to the safe transport of passengers, and we are all thinking of their families, loved ones, and colleagues at Jazz Aviation during this devastating time.” In air traffic control recordings moments before the crash, staff could be heard on a radio transmission giving clearance to a vehicle to cros...

If you're getting dizzy watching the stock market, you're not alone. Volatility has spiked this year, and the S&P 500 (^GSPC +1.62%) seems to be swinging every day based on the latest news out of Iran or President Trump's most recent social media posts. For investors, it's a challenging market environment, but it also presents a conundrum. With volatility comes opportunity, but it's often a fool's errand to chase it, trying to time the market bottom or the bottom on an individual stock, especially in a situation as hard to predict as the Iran war. For long-term investors, there's a better way to approach it. Take a breath It's worth remembering, during geopolitical crises like this one, that the stock market has faced similar challenges many times before. While a bear market isn't out of the ordinary, the S&P 500 has always returned to an all-time high afterwards. That includes previous shocks like the Great Depression, World War II, the oil embargo and stagflation of the 1970s, 9/11, the financial crisis, the pandemic, and many more. Looking at it from that perspective, the war in Iran looks more like a bump in the road rather than a brick wall. Control what you can control First, remember that you don't need to do anything. Just because markets are moving, you don't need to change your positions. Often, doing nothing is the best move. Some of your holdings might be down substantially, but if you've done the work of putting together a diversified portfolio of high-quality companies at fair prices, you should do well over the long term. Times like these are also a good opportunity to build up your cash pile to deploy if share prices fall low enough. Along those lines, it's a good idea to make a watch list of stocks you're interested in buying, along with the price at which you'd pull the trigger. You might get some good opportunities if the volatility continues. Expand SNPINDEX : ^GSPC S&P 500 Index Today's Change ( 1.62 %) $ 105.29 Current Price $ 6611.77 Key Data ...

Key Points The war in Iran is roiling global markets, but past crises have done the same. The S&P 500 has always returned to all-time highs with enough time following geopolitical shocks like the Iran conflict. Investors should consider hoarding cash to take advantage of a deeper market sell-off. 10 stocks we like better than S&P 500 Index › If you're getting dizzy watching the stock market, you're not alone. Volatility has spiked this year, and the S&P 500 (SNPINDEX: ^GSPC) seems to be swinging every day based on the latest news out of Iran or President Trump's most recent social media posts. For investors, it's a challenging market environment, but it also presents a conundrum. With volatility comes opportunity, but it's often a fool's errand to chase it, trying to time the market bottom or the bottom on an individual stock, especially in a situation as hard to predict as the Iran war. 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 » For long-term investors, there's a better way to approach it. Take a breath It's worth remembering, during geopolitical crises like this one, that the stock market has faced similar challenges many times before. While a bear market isn't out of the ordinary, the S&P 500 has always returned to an all-time high afterwards. That includes previous shocks like the Great Depression, World War II, the oil embargo and stagflation of the 1970s, 9/11, the financial crisis, the pandemic, and many more. Looking at it from that perspective, the war in Iran looks more like a bump in the road rather than a brick wall. Control what you can control First, remember that you don't need to do anything. Just because markets are moving, you don't need to change your positions. Often, doing nothing is the best move. Some of your holdings might be down substantially, but if you've done the ...

Justin Sullivan/Getty Images News PG&E ( PCG ) up 1.1% in Monday's trading despite receiving a downgrade at Jefferies to Hold from Buy with a $19 price target, trimmed from $20, noting shares have gained 20% since January lows in reflecting increased hope for a supportive outcome from SB254 Phase 2, but it now has less confidence in a constructive wildfire liability reform for utilities. Based on conversations with key stakeholders, Jefferies analyst Julien Dumoulin-Smith said he does not see sufficient political appetite to enact a structural reform that meaningfully shifts wildfire liability away from utilities shareholders and ratepayers. While support from the California PUC and TURN is constructive, Dumoulin-Smith said a critical missing element remains a buy-in from the insurance sector, where resistance persists to altering current risk-transfer mechanics. Early indicators point to an elevated 2026 fire season risk, the analyst said, although it remains unclear whether it will catalyze legislative urgency; April 1 snow-water equivalent estimates suggest statewide snowpack at 37% of historical averages with Northern California at just 18%. More on PG&E PG&E: Buy A Redesigned Company PG&E Starting To Climb Out Of Valuation Pit PG&E Q4 2025 Earnings Call Transcript

"They're able to now arrest illegals as they come into the country. That's very fertile territory," he told reporters. "But that's not why they're there. They're really there to help."

北京时间3月24日凌晨，美股周一尾盘大幅上涨。美国总统特朗普表示美伊双方已举行会谈，且他已叫停对伊朗发电厂及能源基础设施的打击行动，为投资者带来希望——此前推高油价并引发全球衰退担忧的中东冲突或正接近尾声。 道指涨861.52点，涨幅为1.89%，报46438.99点；纳指涨389.15点，涨幅为1.80%，报22036.76点；标普500指数涨106.30点，涨幅为1.63%，报6612.78点。 特朗普周一上午在Truth Social平台发文前，受油价飙升及伊朗冲突持续时间不确定性困扰，期货市场原本预示股市将进一步下跌。但在特朗普表态后，道指期货一度飙升逾1100点。 三大美国股指盘中高点涨幅均超2%。道指最高上涨逾1100点，涨幅达2.5%； 纳斯达克 指数最高上涨2.5%；标普500指数最高上涨2.2%。 特朗普发文后原油价格下跌，西得克萨斯中质原油期货跌幅逾11%，至每桶87美元左右；国际基准布伦特原油期货跌幅亦逾11%，至每桶98美元。 特朗普在帖子中写道：“我很高兴地报告，美利坚合众国与伊朗在过去两天里，就全面、彻底解决我们在中东的敌对状态，进行了非常良好且富有成效的对话。” 他补充道：“基于这些深入、细致且富有建设性对话的基调与氛围——本周此类对话还将继续——我已指示国防部，将针对伊朗发电厂及能源基础设施的所有军事打击行动推迟五天，此举取决于后续会谈与讨论的进展。” 周一上午晚些时候，特朗普表示伊朗和美国都希望“达成协议”，两国“今天可能会通过电话沟通”。 但在伊朗官方媒体称美伊之间未举行直接会谈后，美股三大股指均从盘中高点回落。 在媒体传出美国正同伊朗伊斯兰议会议长卡利巴夫进行会谈的消息后，伊朗方面迅速予以否认，军方人士还称战斗将持续。 据央视新闻，伊朗方面否认卡利巴夫正在参加与美国方面的谈判。 据新华社，卡利巴夫23日周一在社交媒体发文，否认已经与美国举行谈判，称这是用于操纵金融和石油市场的“假消息”。 新华社援引伊朗媒体称，有关方面试图在伊朗制造“政治和社会裂痕”，这是一个“弥天大谎”。 特朗普此番表态正值伊朗战争进入第五周。此前一个周末，因特朗普发出最后通牒，局势再度升级。 特朗普曾威胁称，若霍尔木兹海峡——这一石油及其他能源产品的关键航运通道——未在48小时内重新开放，美方将对伊朗发电厂发动攻击。而伊朗则回应称，若美方兑现威胁，将打击美国...

AMD's Enterprise CPU and GPU roadmap: Venice, Verano, Zen 6, Helios, and CDNA Tom's Hardware

Key Points Oil prices could surge or fall, depending on the outcome of U.S. talks with Iran. I'd start looking more closely at oil stocks that could thrive no matter what happens to oil prices. I'd also begin evaluating LNG stocks, which could benefit from the long-term impacts of damage to facilities in Qatar. 10 stocks we like better than Chevron › President Trump recently issued an ultimatum to Iran. Fully reopen the Strait of Hormuz within 48 hours, or the U.S. would begin attacking the country's power plants. Such strikes would likely drive Iran to retaliate against energy infrastructure in the Gulf, which could send oil prices even higher. However, the President announced he was postponing potential military strikes against Iran's power plants for five-days on Monday morning based on some productive dialogue with Iran over the weekend. This positive news sent stock prices soaring, while oil prices and oil stocks fell. 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 » As an energy investor, here are two things I'd do right now. Build an oil stock watch list This week will be a pivotal one for the oil market. If the U.S. and Iran start progressing toward peace, crude prices will keep falling. However, if the two sides can't reach an agreement to de-escalate, crude prices could go much higher, especially if Iran attacks additional oil infrastructure in the Persian Gulf. Given the uncertainty, I'd spend this week building a list of oil stocks that I'd buy based on the direction crude prices appear headed. One oil stock that would top my watch list is Chevron (NYSE: CVX). The oil giant has one of the lowest breakeven levels in the oil sector at less than $50 a barrel and a fortress balance sheet. Chevron is also on track to grow its cash flow at a more than 10% compound annual rate through 2030 at ...

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Apple will soon bring advertisements to its Maps app on mobile and the web, according to a report from Bloomberg’s Mark Gurman. The ads, which Apple could reportedly announce this month before rolling them out in the summer, could allow businesses to pay for the highest spot in search results on Apple Maps. That means if one restaurant secures the winning bid for the word “sushi” or “pizza,” its location could receive priority in search results over other relevant businesses, as reported by Bloomberg. The setup is similar to how advertising works on Google Maps, which also allows businesses to pay for a higher rank on search results. The move will bring even more revenue into Apple’s services division — the unit in charge of the App Store, Apple Music, Apple TV, iCloud, and advertising — which raked in over $109 billion in 2025. Apple already offers advertising inside its App Store, along with its News and Stocks apps. The company also told developers that it planned to bring more ad slots to App Store search results in the UK and Japan on March 3rd, with a launch in the US and other countries to follow by the end of this month, according to MacRumors.

格隆汇3月24日｜市场消息：伊朗外长阿拉格奇与阿曼外交部长阿尔布赛迪讨论了霍尔木兹海峡的局势。

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格隆汇3月24日｜当地时间3月23日，据一名消息人士透露称，所谓伊朗伊斯兰议会议长卡利巴夫与美国谈判完全是假消息，捏造该假消息的目的之一是为暗杀卡利巴夫创造条件。这名消息人士说，捏造谈判假消息的目的还包括诋毁卡利巴夫、在伊朗国内引起分裂、煽动民众情绪。这名消息人士表示，伊朗官员一致认为，在伊朗实现目标、侵略者悔改之前，战斗将继续下去。

Ukraine has enough diesel for March, April volumes formed for 70%, says ministry Reuters

格隆汇3月24日｜美国驻欧盟大使普兹德：美国与欧盟接近达成关键矿物协议；乐观预计欧盟议员将投票推动降低对美国工业品的关税。

格隆汇3月24日｜市场消息：荷兰财政部在遭遇黑客攻击后封锁了计算机系统。

Key Points AbbVie's growth rate has been accelerating in recent quarters. Its diverse business can enable it to continue growing at a strong rate in the future. The stock trades at just 14 times its estimated future earnings. 10 stocks we like better than AbbVie › AbbVie (NYSE: ABBV) is a top healthcare stock, but it isn't trading like one of late. This year, it's down 11%, and it has been underperforming the S&P 500, which is down only 4%. Investors have been bearish on healthcare stocks as a whole, with the Healthcare Select Sector SPDR ETF falling by 6% thus far. Concerns about healthcare reform and government cuts have been weighing on the sector. For investors, however, now can be an opportune time to buy low on a quality stock such as AbbVie. While it may not be doing well of late, that doesn't mean it can't still be a great buy for the long haul. Here's why this might be an underrated stock to buy right now. 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 » AbbVie's business is showing strength The past couple of years haven't been easy for AbbVie, as the pandemic disrupted regular hospital operations, and the healthcare company has also lost patent protection for its top drug, Humira. But AbbVie has shown that it can pivot and adapt, with its new immunology drugs Skyrizi and Rinvoq doing well in filling the gap. Together, those drugs generated $25.9 billion in revenue last year, while Humira sales were cut in half, totaling just $4.5 billion. AbbVie's revenue totaled $61.2 billion in 2025, which increased by 9% from the previous year. The company's growth rate has been accelerating in recent quarters, showing a strong upward trend. The company's diverse operations give it plenty of different levers to pull on to drive more growth. Even though its core business did well last year, its aesthet...

格隆汇3月24日｜标普全球评级：量子计算对数字资产构成风险。

PhonlamaiPhoto/iStock via Getty Images By Zain Vawda Gold prices experienced a significant shift on Monday as the market reacted to geopolitical developments. Spot gold ( XAUUSD:CUR ) initially plunged as much as 9%, hitting a four-month low and marking its ninth consecutive session of losses. Source: LSEG However, the precious metal managed to recover some of those earlier declines after US President Donald Trump announced a delay in potential strikes against Iranian energy infrastructure and power plants. Ahead of the US open, gold had pared its steepest losses to sit down 1.8% at $4420/oz. The precious metal turned green on the day briefly before resuming its decline from around the $4500/oz handle. Macro dominates: Rate cuts no longer priced in for 2026 as geopolitics take a backseat One of the key reasons for the sharp selloff in gold which saw the precious metal record its worst week in 43 years last time out is the changes to the monetary policy path for the Federal Reserve. Markets are no longer pricing in rate cuts in 2026 - this according to the latest LSEG data. Over the last week, markets have slashed the probability of rate cuts to zero, with markets now pricing in around 2 bps of rate hikes through December 2026. This shift in trajectory stems from the concerns around energy prices and inflationary pressure moving forward. The chart below shows the correlation in play at the moment between rising oil prices and the fall in gold prices. Source: ING One thing has become clear though - geopolitics is not enough to keep gold prices on the offensive in the current environment. The macro picture is in part tied to the geopolitical developments, which makes the outlook and developments even more intriguing and volatile for market participants. This was evidenced by the reaction to President Trump's tweet about postponing strikes on Iran's energy infrastructure and his claim of talks with the Iranian government. The tweet was followed by a 12% drop in oil pric...

peterschreiber.media/iStock via Getty Images U.S. mid-cap stocks have delivered solid year-to-date performance amid favorable economic conditions and broadening market participation, despite recent volatility due to geopolitical challenges. In light of this, below is a list of the top 10 mid-cap stocks ranked by their year-to-date performance. The list includes companies from sectors such as biotechnology, semiconductor materials and equipment, pharmaceuticals, and communications equipment. The list is topped by ImmunityBio, Inc. ( IBRX ), with a YTD performance of 327.78%. Erasca, Inc. ( ERAS ) follows closely behind with gains of 292.47%, while AXT, Inc. ( AXTI ) rounds out the top three with a 231.74% increase. Other notable performers include Alumis Inc. ( ALMS ) and Applied Optoelectronics, Inc. ( AAOI ), both showing gains above 150%. Among the top 10, two stocks carry Strong Buy quant ratings: Fastly, Inc. ( FSLY ) with a rating of 4.99 and Ultra Clean Holdings, Inc. ( UCTT ) with a rating of 4.97. Here is the list: ImmunityBio, Inc. ( IBRX ), YTD perf: 327.78%, Quant Rating: Hold 3.48 Erasca, Inc. ( ERAS ), YTD perf: 292.47%, Quant Rating: Hold 3.49 AXT, Inc. ( AXTI ), YTD perf: 231.74%, Quant Rating: Hold 3.48 Alumis Inc. ( ALMS ), YTD perf: 156.76%, Quant Rating: Hold 3.49 Applied Optoelectronics, Inc. ( AAOI ), YTD perf: 151.12%, Quant Rating: Hold 3.49 Fastly, Inc. ( FSLY ), YTD perf: 147.54%, Quant Rating: Strong Buy 4.99 Babcock & Wilcox Enterprises, Inc. ( BW ), YTD perf: 139.43%, Quant Rating: Hold 3.49 Amprius Technologies, Inc. ( AMPX ), YTD perf: 130.67%, Quant Rating: Hold 3.49 Day One Biopharmaceuticals, Inc. ( DAWN ), YTD perf: 130.04%, Quant Rating: Hold 3.46 Ultra Clean Holdings, Inc. ( UCTT ), YTD perf: 127.67%, Quant Rating: Strong Buy 4.97 Mid-Cap ETFs: ( IJH ), ( VO ), ( IWR ), ( MDY ), ( VOE ), ( VOT ), ( SCHM ), ( IJK ), and ( IJJ ) More on mid-cap stocks The 1-Minute Market Report, March 22, 2026 IJK: A Core Mid-Cap Growth ETF Is Outpe...

Every PM hopes to emerge having said nothing that makes the news, and with Iran centre-stage Keir played a blinder What a difference a week makes. At last week’s prime minister’s questions, Keir Starmer tried to persuade us that he knew less than he did. His memory was so bad that he could barely remember who Peter Mandelson was, let alone why he had appointed him as ambassador to the US. Fast forward to Monday’s appearance before the liaison committee, the supergroup of select committee chairs, and Keir was desperate to convince us he knew more than he did. He had the inside track on Iran. He was in control. He also wasn’t altogether convincing. Mind you, it’s hard not to feel some sympathy with Starmer. The whole point of being prime minister is that you’re expected to know more than the rest of us. And most of the time you do. State secrets are your life blood. Only just occasionally the veil slips. Having threatened to obliterate Tehran’s power plants just days earlier, on Monday morning Donald Trump announced on Truth Social – along with a strange witch reference – that he was going to delay the bombardment for five days as constructive talks with the Iranian regime were taking place. Continue reading...

格隆汇3月24日｜哥伦比亚总统：军用飞机坠毁致1人死亡，77人住院治疗。

Hedge fund founder George Weiss has lost his defamation suit accusing Jefferies Financial Group of running a “smear campaign” to pressure him to pay a $100 million debt owed by his firm, Weiss Multi-Strategy Advisers. New York Judge Phaedra F. Perry-Bond dismissed the suit , saying Weiss’ claims faced a higher-bar because the allegedly false statements were contained in a rough draft of a separate lawsuit Jefferies sent before bringing the actual complaint in 2024. Moreover, Jefferies succeeded in its lawsuit and Weiss was found liable for the debt, Perry-Bond said in a March 20 decision . Weiss’ spokeswoman said he disagrees with the ruling and plans to appeal, adding “the decision in no way endorses or affirms the defamatory statements made by Jefferies and only concludes that those statements are protected as a legal matter merely because they were in a complaint.” Weiss has also challenged the debt ruling; a federal appeals court in New York is scheduled to listen to arguments in that case next month. Jefferies declined to comment on the ruling. The firm has previously denied wrongdoing and said Weiss’ claims were brought in bad faith. In a court filing from March 2025, Jefferies said statements the firm made related to the suit were protected. Discussions between Weiss and Jefferies in the months before his hedge fund filed bankruptcy have formed the basis of the defamation lawsuit. Weiss has alleged Jefferies threatened to ruin his reputation if he didn’t agree to provide extra protections to Jefferies’ debt. Jefferies has also alleged Weiss used funds his firm owed for his personal benefit — including travel on a corporate jet — an allegation that Weiss has denied. The dispute between Jefferies and Weiss became public after his hedge fund filed Chapter 11 in April 2024. The following year, Weiss filed personal bankruptcy after a New York federal judge found him personally liable for the Jefferies debt. In his bankruptcy petition, Weiss listed a roughly $113 m...

Jonathan Kitchen/DigitalVision via Getty Images Investment Thesis The AI server industry was supposed to be on thin ice with component costs rising and competition stiff. Super Micro Computer, Inc. ( SMCI ) and Dell Technologies Inc. ( DELL ) were already reeling from the pressure of competing with each other for Nvidia’s high-end servers like the GB200 and GB300, despite rising component costs, when competition from Asian manufacturers began tilting the global battle stage for AI servers. That caused both Super Micro's and Dell’s shares to trade at well below the par value of their revenues, signaling extreme pessimism. But this past quarter showed that demand for AI servers was so strong that vendors like Dell and Super Micro were able to pass on rising costs to their clients, something that is unprecedented, creating generational opportunities for both server vendors. Unfortunately, fundamental issues have resurfaced at Super Micro again after a co-founder at the company was indicted for allegedly smuggling sensitive AI equipment to China, putting Super Micro in a vulnerable position yet again. This vulnerable position leaves Dell to win almost entirely from Super Micro’s troubles, leading me to reiterate my bullishness on Dell while downgrading my views on Super Micro Computer to a Strong Sell. Super Micro’s Systemic Problems Aren’t Worth Buying On Thursday last week, the DOJ indicted 3 members of Super Micro Computer, one of them being a co-founder of the company, for allegedly smuggling $2.5B worth of leading-edge AI servers from the U.S. to China: Today, an indictment was unsealed charging Yih-Shyan “Wally” Liaw, Ruei-Tsang “Steven” Chang, and Ting-Wei “Willy” Sun, for allegedly conspiring to divert high-performance computer servers assembled in the United States and integrating sophisticated U.S. artificial intelligence technology to China, in violation of U.S. export controls laws. Liaw, a U.S. citizen, and Sun, a citizen of Taiwan, were arrested today and ...