Today on Decoder , we’re talking about the major antitrust lawsuit against Live Nation, and what it might mean for antitrust and competition law in general now that the Justice Department under Trump has decided to settle its part of the case. That’s even as many states — including New York, California, and Texas — carry on the fight. To break it all down, I’m joined by Verge senior policy reporter Lauren Feiner. Lauren is our resident court expert, by which I mean she’s been in the courtroom herself and chronicling this trial from the beginning. You might be unfamiliar with the name Live Nation, but you’ve almost certainly encountered one of its many, many subsidiaries — the most infamous of these is called Ticketmaster. Longtime Decoder listeners might recall an episode we did on Ticketmaster back in 2023 , in the wake of the Taylor Swift Eras Tour fiasco. That was when Ticketmaster’s website crashed during the first major rush for Eras Tour tickets. It was such a scandal, and Swifties are so politically powerful, that Live Nation was then dragged in front of Congress after widespread backlash spilled over into the mainstream. Verge subscribers, don’t forget you get exclusive access to ad-free Decoder wherever you get your podcasts. Head here . Not a subscriber? You can sign up here . In 2024, the Department of Justice launched an antitrust lawsuit against the company, seeking to break it up — to split Ticketmaster off from Live Nation to try and combat predatory practices and increasing ticket fees. This seemed like a real slam dunk case against Live Nation, regardless of political affiliation — nobody likes Ticketmaster, and breaking up the company would score political points for whoever finally pulled the trigger. It was also supposed to be a sign of strong bipartisan antitrust support. The lawsuit was filed under the Biden administration. So even though Trump has since replaced Biden’s antitrust leaders, there was good reason to believe the new people in char...

(RTTNews) - After a sharp early setback, the Canadian market recovered and briefly moved into positive territory Thursday morning, thanks to some strong buying in a few top stocks in consumer, energy and utilities sectors.

The iShares U.S. Consumer Staples ETF (NYSEMKT:IYK) charges a slightly lower expense ratio than the Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEMKT:RSPS) , sports a bigger asset base, and has outperformed in recent returns, but RSPS provides a narrowly higher yield and a pure consumer staples tilt. Both IYK and RSPS target the U.S. consumer staples sector, but they take different approaches: IYK tracks a broader slice of the market and mixes in some healthcare and basic materials stocks, while RSPS equally weights only S&P 500 consumer staples names. This comparison explores their differences in cost, returns, risk, and portfolio makeup. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The one-year return represents total return over the trailing 12 months. Continue reading

hapabapa/iStock Editorial via Getty Images Software companies that derive the bulk of their revenue from underlying assets or activities are better protected from AI-related disruption than those relying on seat-based models, according to KeyBanc. This includes names such as JFrog ( FROG ), AppFolio ( APPF ), ServiceTitan ( TTAN ), Samsara ( IOT ), Procore ( PCOR ), Cadence Design Systems ( CDNS ), and Synopsys ( SNPS ). "Today, our view (and possibly consensus) is that the consumption and infrastructure names are best positioned to benefit from AI," said KeyBanc analysts, led by Jason Celino, in an investor report. "However, when thinking about the next most defensible areas of software, we would look to APPF (priced based on # of units), IOT (operating assets), PCOR (construction volume), TTAN (technicians), and CDNS/SNPS (chip design activity). Each of these companies should continue to benefit from the underlying growth of their end-market industries and be in a better position to maintain pricing premiums and offer token/consumption-based AI offerings without cannibalizing their core user." In contrast, software companies that rely on seat growth or seat-related add-ons for revenue growth could see seat expansion slow due to AI efficiencies. "User-based models will need to adapt to the changing environment by coming out with agents that are fast enough and good enough that they can recapture the growth opportunity that was lost from headcount efficiencies and degraded pricing power," Celino added. More on JFrog, Procore, and ServiceTitan Procore Navigates CEO Transition And Challenged Construction Industry ServiceTitan: Near-Term Deceleration, But Solid Long-Term Foundation ServiceTitan: A Lot To Like, Although Valuations Are A Bugbear Synopsys partners with Arm to build CPUs for data centers JFrog rises as UBS upgrades on 'overdone' AI disruption worries

Khanchit Khirisutchalual/iStock via Getty Images Bayer’s ( BAYZF ) stock was actually a great investment in 2025 and outperformed many other German (and U.S.) stocks and in the 2025 Annual Report , the company was able to print a chart we did not see often in recent years. Bayer 2025 Annual Report In my last article , which was published in December 2025, I rated the stock as a “Buy” and in the conclusion of my last article I wrote: I still remain confident that Bayer will manage to turn the business around. And Bayer doesn’t need to grow with a high pace to be fairly valued right now. Additionally, if Bayer should be able to resolve its glyphosate litigations and just normalizing its free cash flow levels to previous amounts would be enough to make the stock a bargain. However, on the one hand, we should not rule out the possibility of another huge disappointment. The Supreme Court might rule against Bayer, which would most likely tank the stock again. On the other hand, the balance sheet with high debt levels and huge amounts of goodwill remains a big problem. All in all, I stay bullish about Bayer at this point as the picture seems to be improving and the stock is still trading for such low valuation that all the negativity is already priced in. When my last article was published, Bayer was trading for $36.30 and now – at the time of writing – the stock is trading for $38.50 resulting in about 6% growth. In the meantime, the stock increased even to almost $50 but declined again in the following weeks. About three weeks ago, on March 4, 2026, Bayer reported full-year results for fiscal 2025 and it is easy to see the results as a major disappointment again. Despite disappointing results, I will explain in the following article, why we should remain bullish about Bayer. Not only does the stock remain undervalued, developments in the last few weeks will most likely reduce uncertainty about the litigation process and the fundamental business of Bayer is also performin...

中芯國際2025年營收673.2億元 淨利潤同比增長36.3% 觀點網

格隆汇3月26日｜伊朗军方发言人：即使这场战争结束并停火，我们也开出了条件，若得不到满足，我们绝不会放过美国人。在过去的47年里，我们从未侵略过任何国家，未来也不会。

AMD Ryzen 9 9950X3D2 is now official, and coming very soon Club386

The World Federation of Advertisers, Nestle SA , Shell PLC and a handful of other companies won dismissal of a lawsuit filed by Elon Musk ’s X over claims that they orchestrated an advertising boycott of the social media platform after the billionaire purchased it. A federal judge in Texas issued the ruling Thursday, granting a request by the companies to dismiss the lawsuit. The case is X v. World Federation of Advertisers, 7:24-cv-00114, US District Court, Northern District of Texas (Wichita Falls).

格隆汇3月26日｜巴克莱将Arm的目标价从165美元上调至200美元，维持“增持”评级。(格隆汇)

当地时间26日上午，遭美国强行控制的委内瑞拉总统马杜罗将在美国纽约南区联邦地区法院再次出庭。(新华社)

We’re coming to you again this month because, well, there’s just so much going on and we wanted to bring fresh influential female voices to discussions around the war in Iran, the tumult in private credit and everything AI. We also couldn’t wait to share highlights from our New Voices event at the Park Avenue Armory in New York this week, and the special conversation that took place with Gloria Steinem . And we now have our first confirmed speakers for December’s Women, Money & Power conference, so check out the link below! See more Iran Uncertainty and Private Credit’s Wobbles Sometimes, the most valuable perspectives are the ones we hear least. In this issue, we speak with an investment professional whose experience spans multiple countries. Born in France to an Iranian father and a Spanish mother, Roxana Mohammadian-Molina spent 11 years in Iran and brings an outlook shaped by her diverse personal and professional influences. After nearly a decade on the trading desks at Barclays and Morgan Stanley, Mohammadian-Molina left banking in 2016 to pursue a more entrepreneurial path. She is now a senior strategic advisor for capital partnerships at Cohort Capital, and focuses on investing in businesses at the intersection of finance, technology and real estate — at a time when private credit has emerged as a powerful force in global markets. We’ll get to her views on private credit later. First, we want to share her take on the Iran conflict and why she believes one underappreciated point is the country’s scale, economic potential and significant diaspora. With almost 100 million inhabitants, Iran’s population is larger than that of Turkey or Saudi Arabia. “People always think about oil, gas and natural resources,” Mohammadian-Molina says. But in a market that’s been shut for nearly 50 years, “the biggest opportunity is really the consumers.” Once the doors for that market open, “it’s really a huge opportunity for all the Western companies — but obviously, that is hugel...

GMVozd/E+ via Getty Images I previously covered Chipotle Mexican Grill, Inc. ( CMG ) in January 2026, discussing how the stock had underperformed my expectations throughout my five prior buy ratings. This was with the stock consistently charting lower lows/highs since the July 2024 highs while likely to underperform in the near term, given the multitude of recovery headwinds - with it contributing to my downgraded Hold rating then. In this article, I shall discuss why I am reiterating my Hold rating for the CMG stock here, given the mixed risk/reward from the still expensive valuations and the underwhelming growth prospects, despite the ongoing stock price reversal. This is despite the tailwinds from the still rich profit margins, the healthy balance sheet, the organically funded growth cadence, and the robust shareholder returns from the ongoing share retirement. CMG's Premium Valuations Meet Mixed Comparable Sales Performance CMG 1Y Stock Price (Trading View) Since my last Hold rating, CMG has indeed returned part of its recent gains by -16.9% compared to wider market at -4.5%, with a similar underperformance also observed in its fast casual/big chain restaurant peers in varying degrees. It is apparent from these developments that the prior market rotation to value /dividend-oriented stocks have lost their upward momentum and entered a phase of stock price normalization. 1. Mixed Growth Prospects Part of the correction may also be attributed to CMG's likely to be mixed prospects entering FY2026, with FQ4'25 already bringing forth negative comparable sales at -2.5% YoY , with it building upon a year of mixed growth trends, as observed in: FQ3'25 comparable sales at +0.3% YoY, FQ2'25 at -4% YoY , and FQ1'25 at -0.4% YoY , with the FY2025 comparable sales performance at -1.7% YoY naturally underperforming its historical growth trends at: FY2024 at +7.4% YoY , FY2023 at +7.9% YoY , FY2022 at +8% YoY , FY2021 at +19.3% YoY , FY2020 at +1.8% YoY , and FY2019 at +11.1% Y...

Double 3D V-Cache: AMD unveils Ryzen 9 9950X3D2 Dual Edition processor with 192MB of L3 cache Mezha

Source: Bloomberg, 0:00

港股上市公司连连数字科技股份有限公司发布 2025 年度业绩报告。截至2025年12月31日，连连数字全年总收入达到17.34亿元，同比增长31.9%，再创历史新高；毛利同比增长28%至8.73亿元，盈利能力保持稳健。公司股权处置收益入账，净利润达16.62亿元，经调整经营利润（扣除包括连通处置收益在内的所有非经营性项目）达8226万元，同比翻倍增长105.9%，标志着公司主营业务规模效应与运营效率迈上新台阶。客户基础持续夯实，截至2025年末，公司累计服务客户数量达1040万家，客户规模与质量同步提升。

财联社3月26日讯（记者 朱万平） 得益于成本优化和产品结构升级等因素， 青岛啤酒 （600600.SH）去年在营收微增约1%的同时，归母净利润同比增长约5.6%，实现了销量与利润双增长的核心业绩目标。 今日晚间，青岛啤酒公告称，公司2025年实现营业收入324.7亿元，同比增长1%；归母净利润为45.9亿元，同比增长5.6%。受益于渠道拓展等因素，去年青岛啤酒实现销量约765万千升，同比增长约1.5%，销量表现略好于啤酒行业同期整体表现。 财联社记者注意到，青岛啤酒去年业绩表现逊于此前多家券商预期。Choice数据显示，自去年5月以来，有41家券商对公司2025年业绩作出预测，归母净利润预测范围为47.5亿元至53.21亿元。如今来看，青岛啤酒去年净利润略低于券商预期。 分季度来看，去年Q4青岛啤酒实现营收31.07亿元，与去年同期相比略有下滑；归母净利润为-6.86亿元，单季亏损也略有扩大。 产品结构优化仍是青岛啤酒去年的一大亮点。去年，公司主品牌销量449.4万千升，同比增长3.5%，中高端产品销量331.8万千升，同比增长5.2%，青岛啤酒经典系、白啤、超高端系列等产品销量创历史新高，其中白啤销量快速增长，位居行业白啤品类第一。 除产品结构优化外，成本与费用的有效控制一定程度提振了公司业绩。去年，青岛啤酒营业成本同比下降1.69%，这主要得益于部分原材料价格回落，同时销售费用同比下降2.58%，费用管控效率有所提升。 在合同负债方面，截至去年末，青岛啤酒合同负债为76.74亿元，较2024年末的83.13亿元下降约7.7%。作为反映渠道信心与预收款规模的核心先行指标，青岛啤酒的合同负债同比回落，表明经销商提前打款、锁货备货的积极性有所降温，侧面折射出渠道对终端动销节奏、库存去化速度及后市需求预期更趋谨慎。 针对2026年的经营计划，青岛啤酒未给出具体目标指引，仅表示今年将继续聚焦啤酒主业，持续开拓市场，巩固北方基地市场；南方重点市场聚焦突破，深耕区域、稳步提升份额。在海外通过多元合作布局，提升品牌影响力。不过，青岛啤酒也在年报中坦言，进入2026 年，公司发展仍面临市场竞争加剧、消费需求不足等多重挑战。

The State Street Technology Select Sector SPDR ETF (NYSEMKT:XLK) and the Roundhill Investments Generative AI & Technology ETF (NYSEMKT:CHAT) differ sharply on cost, recent performance, sector focus, and risk profile, with CHAT leaning into artificial intelligence themes and showing much higher recent returns and volatility. Both the State Street Technology Select Sector SPDR ETF (XLK) and the Roundhill Investments Generative AI & Technology ETF (CHAT) are technology-focused exchange-traded funds, but their approaches and exposures differ. XLK offers broad coverage of the U.S. technology sector, while CHAT is an actively managed fund with a generative artificial intelligence emphasis, including an ESG screen. This comparison highlights how the two stack up on cost, returns, risk, portfolio tilt, and other key factors. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Continue reading

Tesla, Inc. (TSLA) sourcing $2.9B solar equipment in China amid burgeoning AI energy opportunity msn.com

Israel's defence minister said a number of other "senior Navy command officials" have also been killed. Iran has not yet commented.

A special meeting of Warner Bros. shareholders will be held on April 23 to vote on the buyout by Paramount.

格隆汇3月26日｜特朗普重申鲍威尔的工作做得“糟糕透顶”，我们即将迎来一位优秀的新人来接管美联储。