Last year, Walmart (NASDAQ: WMT) announced that it was switching to the Nasdaq exchange because it aligned better with Nasdaqʻs "technology-forward" approach. Thereʻs certainly a case to be made there, but Walmart also has something else in common with many tech stocks -- a high valuation. The consumer staple megacap is trading at 43 times earnings and 40 times forward earnings. Image source: Gett...
Last year, Walmart (NASDAQ: WMT) announced that it was switching to the Nasdaq exchange because it aligned better with Nasdaqʻs "technology-forward" approach. Thereʻs certainly a case to be made there, but Walmart also has something else in common with many tech stocks -- a high valuation. The consumer staple megacap is trading at 43 times earnings and 40 times forward earnings. Image source: Getty Images. Continue reading
San Francisco Judge Voices Concerns Over War Department's Ban Of Anthropic Authored by Matthew Vadum via The Epoch Times (emphasis ours), A federal judge on March 24 seemed receptive to Anthropic’s request to temporarily block the Department of War from continuing to designate the AI company as a supply-chain risk. The designation, under a federal law designed to protect military systems from fore...
San Francisco Judge Voices Concerns Over War Department's Ban Of Anthropic Authored by Matthew Vadum via The Epoch Times (emphasis ours), A federal judge on March 24 seemed receptive to Anthropic’s request to temporarily block the Department of War from continuing to designate the AI company as a supply-chain risk. The designation, under a federal law designed to protect military systems from foreign sabotage, functions as a blacklist , preventing the company from doing business with the federal government and its contractors. If the block is granted, the company would be able to continue doing business with federal agencies and their contractors while the lawsuit moves forward in court. The AI developer sued the department in the federal court’s Northern California district on March 9, after the federal government issued the designation, citing its national security concerns about the company. Anthropic also filed a separate lawsuit the same day over the designation in the U.S. Court of Appeals for the District of Columbia Circuit. President Donald Trump and War Secretary Pete Hegseth previously announced a federal boycott of Anthropic, directing federal agencies, contractors, and suppliers to end ties to the company . On social media, Trump said Anthropic was attempting to “strong-arm” the federal government and officials elected by the American people by dictating its military policy. “ WE will decide the fate of our Country—NOT some out-of-control, Radical Left AI company run by people who have no idea what the real World is all about ,” Trump said in a Feb. 27 Truth Social post. The lawsuits came after Anthropic said it declined to change the user policy for its AI product, Claude, to remove safety guardrails preventing its use for mass surveillance and fully autonomous weapons. The Department of War has said that it has no intent to use Claude for those purposes. The department said on March 5 that the issue comes down to ensuring the military can use technolo...
Martin Harvey/DigitalVision via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Ole Andreas Halvorsen’s 13F stock portfolio on a quarterly basis. It is based on Viking Global’s regulatory 13F Form filed on 02/17/2026. Please visit our Tracking Ole Andreas Halvorsen’s Viking Global Portfolio series to get an idea of his investment philosophy an...
Martin Harvey/DigitalVision via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Ole Andreas Halvorsen’s 13F stock portfolio on a quarterly basis. It is based on Viking Global’s regulatory 13F Form filed on 02/17/2026. Please visit our Tracking Ole Andreas Halvorsen’s Viking Global Portfolio series to get an idea of his investment philosophy and our previous update for the fund’s moves during Q3 2025. This quarter, Halvorsen’s 13F stock portfolio value decreased from $38.50B to $37.68B. The number of holdings decreased from 78 to 76. The largest five individual stock positions are Microsoft, PNC Financial, Taiwan Semi, Visa, and Charles Schwab. They add up to ~20% of the portfolio. Ole Andreas Halvorsen is one of the most successful “tiger cubs” (protégés of Julian Robertson & his legendary Tiger Fund). To know more about "tiger cubs", check out the book Julian Robertson: A Tiger in the Land of Bulls and Bears. Note: Viking Global has significant ownership stakes in the following businesses: Ginkgo Bioworks ( DNA ), Inhibrx ( INBX ), NewAmsterdam Pharma ( NAMS ), Oric Pharma ( ORIC ), PepGen ( PEPG ), Pharvaris NV ( PHVS ), Sionna Therapeutics ( SION ), Standard Bio Tools ( LAB ), and Trevi Therapeutics ( TRVI ). New Stakes: Alphabet Inc. ( GOOGL ): GOOGL is a 2.21% of the portfolio stake established this quarter at prices between ~$236 and ~$329. The stock currently trades at ~$291. Amazon.com ( AMZN ): The 1.92% of the portfolio position in AMZN was purchased this quarter at prices between ~$211 and ~$259. The stock is now at ~$212. Dick’s Sporting Goods ( DKS ): DKS is a small 1.35% of the portfolio stake purchased this quarter at prices between ~$197 and ~$237. It now goes for ~$194. Thermo Fisher Scientific ( TMO ): The 1.22% TMO position was established this quarter at prices between ~$487 and ~$602. It is now at ~$491. Stellantis ( STLA ): STLA is a small 1.15% of the portfolio stake purchased this quarter...
Policy brought forward as Middle East war highlights fragility of global supply chains British suppliers will be prioritised for public contracts in shipbuilding, steel, AI and energy infrastructure under new guidance marking them out as sectors vital to national security. Departments will also have to either use British steel or justify sourcing it from overseas, under the rules announced by the ...
Policy brought forward as Middle East war highlights fragility of global supply chains British suppliers will be prioritised for public contracts in shipbuilding, steel, AI and energy infrastructure under new guidance marking them out as sectors vital to national security. Departments will also have to either use British steel or justify sourcing it from overseas, under the rules announced by the government. Continue reading...
Duke of York’s theatre, London Fifty years since David Hare’s play was first staged, Rebecca Lucy Taylor is inspired casting as a singer who refuses to go out without a bang David Hare’s 1975 play Teeth ’n’ Smiles captured the melancholy mood of a generation as it looked back on the lost counter-cultural idealism of 1969. It is a play full of endings: a rock band teetering at the close of its plat...
Duke of York’s theatre, London Fifty years since David Hare’s play was first staged, Rebecca Lucy Taylor is inspired casting as a singer who refuses to go out without a bang David Hare’s 1975 play Teeth ’n’ Smiles captured the melancholy mood of a generation as it looked back on the lost counter-cultural idealism of 1969. It is a play full of endings: a rock band teetering at the close of its platform-heeled life, frontwoman Maggie and songwriter Arthur packing up their relationship, and Europe and its music industry at the end of an era. The hippy bubble of love, hope and revolution has most definitely burst as Maggie and the gang limber up for a gig at a Cambridge University ball. It is quite a comedown from the venues of their heyday but they are not about to go gently into that good night. Continue reading...
Government says proposed levy for international tourists is part of initiative to improve arts funding Ministers are considering charging international tourists to access permanent collections at national museums as part of an initiative to improve arts funding. The government said there was a need for long-term options to fund the struggling arts sector in its response to a review of Arts Council...
Government says proposed levy for international tourists is part of initiative to improve arts funding Ministers are considering charging international tourists to access permanent collections at national museums as part of an initiative to improve arts funding. The government said there was a need for long-term options to fund the struggling arts sector in its response to a review of Arts Council England, which distributes public funding to the arts. Among the options cited was a hotel levy, a policy being consulted on. Continue reading...
The US-Israeli war in Iran could weaken the US dollar’s historic dominance in the oil-rich Middle East and bolster a “petroyuan” alternative backed by China’s currency, according to analysts at a leading European bank. Fallout from the nearly month-long conflict was testing the “foundations of the petrodollar regime”, while damage to Gulf economies “could encourage an unwind in their foreign asset...
The US-Israeli war in Iran could weaken the US dollar’s historic dominance in the oil-rich Middle East and bolster a “petroyuan” alternative backed by China’s currency, according to analysts at a leading European bank. Fallout from the nearly month-long conflict was testing the “foundations of the petrodollar regime”, while damage to Gulf economies “could encourage an unwind in their foreign asset savings”, Deutsche Bank analysts said in a research note published on Tuesday. “If the Gulf moves...
Japan is reportedly planning to deploy advanced anti-ship missiles on Minamitorishima, the country’s easternmost island, as it moves to enhance its defence posture against what it perceives as rising Chinese military activity in the region. The defence ministry is also seeking to deploy a launcher, spotting drones and radar systems on the island as early as June, according to a report by national ...
Japan is reportedly planning to deploy advanced anti-ship missiles on Minamitorishima, the country’s easternmost island, as it moves to enhance its defence posture against what it perceives as rising Chinese military activity in the region. The defence ministry is also seeking to deploy a launcher, spotting drones and radar systems on the island as early as June, according to a report by national broadcaster NHK on Tuesday. These would be used to identify and target vessels, complementing the...
(RTTNews) - The Singapore stock market has moved higher in consecutive trading days, collecting more than 60 points or 1.2 percent along the way. The Straits Times Index now rests just above the 4,900-point plateau and it's expected to open to the upside again on Thursday.
(RTTNews) - The Singapore stock market has moved higher in consecutive trading days, collecting more than 60 points or 1.2 percent along the way. The Straits Times Index now rests just above the 4,900-point plateau and it's expected to open to the upside again on Thursday.
Indonesia’s local credit market is coming under strain as the Iran war drives oil prices higher, stoking inflation risks, accelerating capital outflows and sharpening concern over the country’s creditworthiness. Local-currency borrowing costs for top-rated issuers have climbed nearly 70 basis points this month to the highest in almost a year, as investors price in the risk that energy will feed in...
Indonesia’s local credit market is coming under strain as the Iran war drives oil prices higher, stoking inflation risks, accelerating capital outflows and sharpening concern over the country’s creditworthiness. Local-currency borrowing costs for top-rated issuers have climbed nearly 70 basis points this month to the highest in almost a year, as investors price in the risk that energy will feed into inflation and complicate the policy outlook. Heightened scrutiny of Indonesia’s sovereign rating is already pushing up risk premiums across the domestic debt market. Since he took office last year, President Prabowo Subianto has been proposing policies like a free-meals program that raise concern about the statutory budget deficit cap, leading credit-rating companies to downgrade the country’s outlook. The country subsidizes fuel costs, making its fiscal situation vulnerable to higher oil prices. And the central bank last week held rates steady as those factors pressure the rupiah. “Yields are likely to remain elevated as long as oil prices stay above $80 a barrel, as markets continue to price in higher inflation expectations,” said Albert Budiman , chief investment officer at UOB Asset Management Indonesia in Jakarta. “Corporate bond issuance could slow in the coming months, particularly if uncertainty around oil prices persists.” The higher credit costs are beginning to weigh on primary activity after a strong start to the year. Corporate bond issuance has fallen 52% this month through March 20 from a comparable period in February, though volumes are still up 33% year-to-date versus a year earlier, indicating issuers had locked in funding before conditions deteriorated. “Some companies are front-loading fundraising to refinance upcoming maturities at lower interest rates,” said Harry Su , managing director of research at PT Samuel Sekuritas Indonesia. “An escalation of the Middle East conflict could drive up energy prices and borrowing costs, potentially slowing the re...
高盛 集团前首席执行官Lloyd Blankfein表示，要警惕投资者资产负债表上不断累积的未出售私募资产，其中一些资产可能被高估，一个导火索就可能引发大范围的资产减值。 “在某个时点，必须出现一种外力或清算时刻，不得不正视自己的资产负债表究竟值价值多少，”Blankfein接受采访时表示。 Blankfein在本月出版的回忆录“Streetwise： Getting to and Through...
高盛 集团前首席执行官Lloyd Blankfein表示，要警惕投资者资产负债表上不断累积的未出售私募资产，其中一些资产可能被高估，一个导火索就可能引发大范围的资产减值。 “在某个时点，必须出现一种外力或清算时刻，不得不正视自己的资产负债表究竟值价值多少，”Blankfein接受采访时表示。 Blankfein在本月出版的回忆录“Streetwise： Getting to and Through Goldman Sachs”中警告，距离上一轮危机过去的时间越长，发生更大规模爆雷的可能性就越高。 “我喜欢用森林地面上不断堆积的易燃物来打比方，总会有一颗火星出现，”Blankfein称。“但是，火星引着火的时间间隔越长，堆积的易燃物就越多。” 他此前还对个人投资者投资组合中私募信贷规模的增长感到担忧。“当个人消费者，也就是纳税人和公民亏损时，政府层面的人会极度不满，”他本月稍早时表示。 责任编辑：王永生