Beijing has defended ongoing land-reclamation activities in the contested Paracel Islands in the South China Sea , stating they are aimed at improving living conditions and boosting the local economy. “The Xisha Islands are an inherent part of China’s territory and there is no dispute about it,” according to Chinese foreign ministry spokesman Lin Jian on Monday, referring to the Paracels’ Chinese name. “China’s necessary construction activities on its own territory are aimed at improving the living conditions of the island’s residents and serving local economic development,” Lin said in response to questions, without specifying the location of the activities. Advertisement The comments came just days after Vietnamese foreign ministry spokeswoman Pham Thu Hang said Vietnam “resolutely opposes” Chinese land-reclamation activities and made representations about them, following reports of accelerated dredging and landfill operations at Antelope Reef in the Paracels, which Vietnam calls the Hoang Sa Islands. She said Hanoi had “ample historical evidence and legal grounds” to assert sovereignty over the Paracel Islands, including Antelope Reef, and called any foreign activities in the waters without Vietnam’s permission “completely illegal and invalid”.

泡泡玛特CEO王宁说，做到300亿，很轻松。 2026年公司年会，COO司德透露，2025年增速创历史新高。 这一年，LABUBU销量突破1亿只，荣登顶流。 紧随其后，星星人Twinkle Twinkle走红，24年签约，25年上半年就达成3.9亿销售额。 泡泡玛特的IP造星故事，不仅塑造了惊艳的增长，也让市场潜移默化达成一种共识 ——艺术家IP与大众消费有天然的链接，可被规模化复制。 但实际上，IP孵化打造，没有什么是100%，也并非一蹴而就。即便是泡泡玛特。 新IP首发，当日只卖了200+ 2026年伊始，泡泡玛特加大IP上新节奏，史无前例。 接连推出的三个新IP ”放学后的Merodi”“ SUPER TUTU”和“keyA”，三者前后官宣间隔不到一个月。 三者均曾在2025年PTS展会亮相(前两者也曾参加2024年PTS)，小规模发行限定和初步人气验证，最终推出盲盒系列量产上市。 市场表现，也有点“史无前例”。 SUPER TUTU被指“审美滑坡”，Merodi反响遇冷。争议更大的是KeyA。 网友吐槽爆冲官方评论区，“太像艺术家OC”“撞脸某明星”“形象与服饰争议”等；还深扒社媒，把艺术家背景履历翻了个底朝天。 3月19日产品首发当日，泡泡玛特旗舰店抖音销售仅200+（截至当日夜间）；天猫、小红书官旗店分别售出100+（发售三天后）。兴趣交易社区千岛上，该产品“想要”数量寥寥。 KeyA「未境之梦」线下特别企划定档3月20日。能否带来口碑修复，仍有待观察。 事实上，KeyA这类带有「赛博+少女+机械」元素题材，在电影、动漫、游戏等诸多领域并不罕见。典型如空山基的机械姬。 泡泡玛特过往也曾有近似风格尝试，例如LABUBU与横山宏、MOLLY与镰田光司的合作。再退一步讲，更尖锐的小众表达也在收藏市场中长期存在。 为什么广大网友这次不买账？是值得深思的。 在媒体记叙中，陈嫣冉常被定义为“现象级”“艺术超新星”，其履历也非常光鲜：8岁在东京举办个展，跨界展览和品牌合作邀约不断。上到奢侈品Gucci、Balenciaga等合作，下到潮流文化场域，一路走来成绩斐然。 但在精英叙事破碎的今天，已然很难在大众层面建立价值认同。 我们观察到的一个鲜明反差：2025年PTS展会，核心潮玩圈层的聚集地，KeyA展位上围观拍照不算少。但放到大众传播语境中，反馈出现明显分化。 香港...

The backlog in England and Wales is serious but there are other ways to address it. There are many retired judges and calling them into action could be key Hyperbolic cliches fly back and forth in the debate about the abolition of jury trials. The dispute will never be resolved and it distracts from the problem facing us today: how to reduce the current disastrous backlog of cases? The controversy is not new. If you are in favour, you recite Lord Devlin in 1956: trial by jury is “the lamp that shows that freedom lives ”. If you are against, you quote GK Chesterton : “Our civilisation has … very justly decided that determining the guilt or innocence of men is a thing too important to be entrusted to trained men” – cited by Prof Glanville Williams in his challenge to the superstitious reverence for juries in 1963’s The Proof of Guilt. Alan Moses is a former lord justice of appeal, a court of appeal judge and the former chair of the Independent Press Standards Organisation (IPSO) Continue reading...

In 1972, Li Yuan-chian set up the LYC Museum in a ramshackle farmhouse – and this inventive documentary provides a fitting, if sparse, tribute to his legacy When it comes to a documentary relaying the obligatory biography bits, doing it through the medium of abstract art is fitting for Chinese artist Li Yuan-chia, who set up the LYC Museum and Art Gallery in Brampton, Cumbria in 1972 . At one point, a friend of Li’s leafs through a book of embossed designs on white card that, as dots and lines appear and rearrange themselves on the pages like giant braille, represent the stages of his life: “Here the two families are united in his parents’ marriage. And there’s another dot. Who’s that? It’s Li.” Maybe such abstractions are what all lives boil down to. But it would have been nice to know a bit more about the background of this extraordinary man than what is supplied within this pensive but hazy film. The facts offered are scant: born in the southern Chinese city of Guangxi in 1929; part of Taiwan’s Ton Fan art collective, which irked the island’s nationalist governors; a stint squatting in a furniture factory in Bologna; then tip-toeing into swinging London’s avant garde scene. “Pushing, pushing, pushing, on the road, on the street, on the path, in the city,” as Li described his solitary art quest. Continue reading...

Harriet came into my life when I asked my vet if I could get a hedgehog to come and live in my garden and deal with the slugs. She found me Harriet in Tiggywinkles, a Buckinghamshire-based wildlife hospital. Harriet was rather shy. I brought her home in a cardboard box and put it on the ground, on its side. She poked her nose out and, as soon as she saw me, scuttled off to hide in a corner of the garden. Harriet settled in well and did her job efficiently, eating all the slugs. She slept in an old compost bag in the garden, to which I added some dried leaves to make a bed for her. One day, sitting on the sofa with my legs stretched out, I felt something touching my bare toes. It was Harriet, examining them. She had come in through the cat flap. She ran off when I moved, and I thought no more about it, until a few nights later, in the early hours, I heard an awful noise coming from the landing. It was Harriet. She had come in again, climbed the stairs, and then started shrieking at the top of her voice. When she saw me, she panicked and ran into the airing cupboard, where she hid behind the hot water tank. I couldn’t get her out, so I went back to bed. The next morning, I put her compost sack in the airing cupboard. By the afternoon she was in it, and I carried her back into the garden so she could continue her slug patrol. However, cosy as her sack was, she found the airing cupboard cosier, and was soon back behind the boiler. And there she slept for the next two years. I left water for her and a little dried cat food, though the latter wasn’t really necessary as she would go out and tackle the slugs. I would meet her on the stairs from time to time. Once, one hot summer, I was away for a few days, leaving the Velux windows in my attic bedroom open slightly. When I got back, my bedroom floor was covered in dead wasps – they had come in, couldn’t find their way out again, and died from the heat and dehydration. What I really wanted was a cup of tea, so I left them fo...

The number of countries falling into critical food insecurity could almost triple to 24 if global temperatures increase by 2C, research has shown. Analysis by the International Institute for Environment and Development (IIED) shows the climate crisis will disproportionately affect food systems in poorer nations, widening the gap between the most and least vulnerable countries. Although global heating will increase the risk of food insecurity worldwide, food systems in low-income countries are projected to deteriorate seven times as fast as those in wealthy nations. Ritu Bharadwaj, a researcher for the IIED and author of the study, said: “Countries already facing poverty, fragility and limited safety nets are projected to see the fastest deterioration in food systems, despite having contributed the least to global emissions. “Today, nearly 59% of the world’s population already lives in countries with below average food security, and our projections show that climate change is likely to widen this gap.” This can be prevented, Bharadwaj said, by “strengthening social protection systems that can respond quickly to climate shocks, investing in climate resilient agriculture and improving water and soil management”. She added: “Food systems today are deeply interconnected. Climate shocks in one major producing region can ripple through global supply chains and trigger price volatility elsewhere. Even if high-income countries remain relatively food secure, they will not be insulated from the impacts of climate instability on global food markets.” The IIED developed a Food Security Index for 162 countries. It measures the systematic vulnerability of a country’s entire food system and estimates how climate breakdown could affect it under three scenarios: if global temperatures increase by 1.5C, 2C and 4C above preindustrial levels. The index also assesses the impact of climate crisis on four “pillars” of food systems – availability, accessibility, utilisation and sustainabili...

Spring seems to be settling in and that’s great, but I have been recently reminded of one of its worst bits: not hay fever or wrong coat season, but the absolute indignity of alfresco eating. I usually avoid eating outside; it’s fraught with dangers, from the stress position that is “sitting on picnic blanket” to seagull attack. But last week, giddy with the warm weather and leaving my sordid home office to come to London, my better judgment deserted me. I had one goal: I would treat myself to one of those fancy salad bowls I keep reading about (the “slop” ones that are harbingers of civilisational collapse), sitting in the sun. I wanted to emulate metropolitan sophisticates by paying £12 for elite rabbit food; I wanted improbable amounts of protein and fancy dressing; I wanted vitamin D. You don’t get that in York. I found a salad bar, queued for ages, made panicky, poor choices and exited with a mountain of expensive roughage. Then the problems really started. Looking for a sunny spot to eat, I realised how inhospitable the urban built environment is to big-salad eaters – in a part of town full of finance bros in Brunello Cucinelli quarter zips and Patagonia vests, there were no tables, no decent benches, no public gardens. I ended up perched on a wall, oversized cardboard bowl precariously balanced on my knees, trying to wrestle recalcitrant leaves and other ungovernable vegetation in oily dressing into my mouth with a useless wooden fork and the undignified urgency of a seagull swallowing a sausage roll whole. Crispy shallots flew everywhere; tendrils of frisee tried to escape my mouth like a graphic kill scene from a nature documentary. Many, many people witnessed this unedifying spectacle and I caught several pitying glances as I chewed grimly on (and on – kale is an endurance sport). Neither my trousers nor my springtime joie de vivre survived this experiment, so learn from my mistakes: enjoy a nice seasonal salad outside by all means, but first locate a tabl...

Apple (AAPL) is currently a compelling candidate for an iron condor strategy with the stock being stuck in between the 50 and 200-day moving averages. Apple stock is also showing high implied volatility at 28.62% compared to a twelve-month low of 17.33%. This allows traders to collect more premium, increasing the potential return and providing a wider margin for error on both sides of the trade. The company’s strong liquidity ensures tight bid-ask spreads, making it easier to enter and adjust positions. With no immediate earnings catalysts, the likelihood of a sharp move in either direction is reduced, further supporting the use of this strategy. AAPL IRON CONDOR An iron condor aims to profit from a drop in implied volatility, with the stock staying within an expected range. When implied volatility is high, the wider the expected range becomes. The maximum profit for an iron condor is limited to the premium received while the maximum potential loss is also capped. To calculate the maximum loss, take the difference in the strike prices of the long and short options, and subtract the premium received. Traders that think AAPL stock might stay in the current range over the next few weeks could look at an iron condor. As a reminder, an iron condor is a combination of a bull put spread and a bear call spread. The idea with the trade is to profit from time decay while expecting that the stock will not move too much in either direction. First, we take the bull put spread. Using the May 15 expiry, we could sell the $220 put and buy the $210 put and then the bear call spread, which could be placed by selling the $280 call and buying the $290 call. In total, the iron condor will generate around $1.81 per contract or $181 of premium. The profit zone ranges between $218.19 and $281.81. This can be calculated by taking the short strikes and adding or subtracting the premium received. As both spreads are $10 wide, the maximum risk in the trade is 10 – 1.81 x 100 = $819. Therefore,...

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Austin Carr dives into Microsoft’s AI reorganization. Tech Across the Globe XAI sales tactics: Elon Musk’s xAI is sending engineers directly into the offices of prospective corporate clients in an attempt to lure business customers away from rivals OpenAI and Anthropic. SAP growth: The defense industry has become SAP’s fastest-growing business line, the company’s chief executive officer said in an interview. Robotics IPO: Unitree Robotics, China’s leading robot company, filed for an initial public offering in Shanghai, with plans to raise about 4.2 billion yuan ($610 million). Revalued Savvy has agreed to buy the Moonton studio from ByteDance as the Saudi Arabian firm builds up its mobile gaming assets. The deal values Moonton at $6 billion, people familiar with the matter said. Copilot’s identity crisis Microsoft is finally dealing with the Copilot identity crisis. With rivals closing in, the company is pushing to streamline its multiple AI personalities into a consolidated artificial intelligence helper. Copilot, which competes with the likes of OpenAI’s ChatGPT and Google’s Gemini, has faced criticism in recent years for offering disjointed experiences and inconsistent features across the various versions that are integrated into Microsoft apps. In fact, the development group that built Copilot products for Microsoft’s consumer customers has been separate for years from the team that built the ones for corporate clients. That’s now changing. In a set of memos to employees on March 17, Microsoft Chief Executive Officer Satya Nadella and the company’s head of AI, Mustafa Suleyman, announced that they’re combining the consumer and commercial Copilot teams in the hopes of creating a more cohesive experience. The re-org is perhaps the strongest sign yet that Microsoft’s individualized approach for Copilot, which has struggled to keep pace wit...

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Austin Carr dives into Microsoft’s AI reorganization. Tech Across the Globe XAI sales tactics: Elon Musk’s xAI is sending engineers directly into the offices of prospective corporate clients in an attempt to lure business customers away from rivals OpenAI and Anthropic. SAP growth: The defense industry has become SAP’s fastest-growing business line, the company’s chief executive officer said in an interview. Robotics IPO: Unitree Robotics, China’s leading robot company, filed for an initial public offering in Shanghai, with plans to raise about 4.2 billion yuan ($610 million). Revalued Savvy has agreed to buy the Moonton studio from ByteDance as the Saudi Arabian firm builds up its mobile gaming assets. The deal values Moonton at $6 billion, people familiar with the matter said. Copilot’s identity crisis Microsoft is finally dealing with the Copilot identity crisis. With rivals closing in, the company is pushing to streamline its multiple AI personalities into a consolidated artificial intelligence helper. Copilot, which competes with the likes of OpenAI’s ChatGPT and Google’s Gemini, has faced criticism in recent years for offering disjointed experiences and inconsistent features across the various versions that are integrated into Microsoft apps. In fact, the development group that built Copilot products for Microsoft’s consumer customers has been separate for years from the team that built the ones for corporate clients. That’s now changing. In a set of memos to employees on March 17, Microsoft Chief Executive Officer Satya Nadella and the company’s head of AI, Mustafa Suleyman, announced that they’re combining the consumer and commercial Copilot teams in the hopes of creating a more cohesive experience. The re-org is perhaps the strongest sign yet that Microsoft’s individualized approach for Copilot, which has struggled to keep pace wit...

BROOMFIELD, Colorado—One of NASA's oldest astronomy missions, the Neil Gehrels Swift Observatory, has been out of action for more than a month as scientists await the arrival of a pioneering robotic rescue mission. The 21-year-old spacecraft is falling out of orbit, and NASA officials believe it's worth saving—for the right price. Swift is not a flagship astronomy mission like Hubble or Webb, so there's no talk of sending astronauts or spending hundreds of millions of dollars on a rescue expedition. Hubble was upgraded by five space shuttle missions, and billionaire and commercial astronaut Jared Isaacman—now NASA's administrator— proposed a privately funded mission to service Hubble in 2022, but the agency rejected the idea. Swift may be a more suitable target for a first-of-a-kind commercial rescue mission. It has cost roughly $500 million (adjusted for inflation) to build, launch, and operate, but it is significantly less expensive than Hubble, so the consequences of a botched rescue would be far less severe. Last September, NASA awarded a company named Katalyst Space Technologies a $30 million contract to rapidly build and launch a commercial satellite to stabilize Swift's orbit and extend its mission. Read full article Comments

Microsoft Copilot Is Confronting Its Identity Crisis bloomberg.com

Aleksandra Aleshchenko/iStock via Getty Images This article updates my review from July 2023 in light of current holdings and recent performance. DGS strategy WisdomTree Emerging Markets SmallCap Dividend Fund ETF ( DGS ) was launched on 10/30/2007 and tracks the WisdomTree Emerging Markets SmallCap Dividend Index. DGS has a portfolio of 1,013 stocks, a 30-day SEC yield of 2.85%, and an expense ratio of 0.58%. Distributions are paid quarterly. As described by WisdomTree, inclusion requires: Ranking in the bottom 10% of total market capitalization of the WisdomTree Emerging Markets Dividend Index (13% for current constituents) . Positive earnings and at least $5 million in gross cash dividends in the 12 months preceding the reconstitution. A market capitalization of at least $200 million, an average volume of at least $200,000 per day, and 250,000 shares per month. Primary operations and listing in one of 18 emerging countries listed by the index provider. The index is weighted mostly based on dividends, with a maximum limit of 25% in any country and sector (15% for real estate). The index is reconstituted annually, and the portfolio turnover rate was 34% in the most recent fiscal year. I will use as a benchmark the State Street SPDR S&P Emerging Mkts Small Cap ETF ( EWX ). Portfolio The heaviest country in the portfolio is Taiwan (23.3% of asset value), followed by South Korea (12.9%) and China (11.3%). Taiwan, China, and Hong Kong represent about 35% of assets, pointing to significant geopolitical risks. Nonetheless, exposure to these countries is lower than in EWX (53%). DGS top countries (chart: author; data: WisdomTree, iShares) The presence of South Korea and Taiwan among emerging markets is debatable. South Korea has been considered a developed country by S&P since 2001, which explains why it is not in EWX. Additionally, Taiwan surpassed South Korea in GDP per capita in 2025 . Both countries are ahead of the U.K. and the E.U. in GDP at purchasing power parity ...

Topline data expected from Phase 2 LOTUS trial of abdakibart (AVTX-009) for the treatment of hidradenitis suppurativa in the second quarter of 2026 Cash, cash equivalents and short-term investments of approximately $98 million as of December 31, 2025 expected to provide runway into 2028 WAYNE, Pa., March 23, 2026 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) (“Avalo”), a clinical stage biotechnology company fully dedicated to developing IL-1β-based treatments for immune-mediated inflammatory diseases, today announced business updates and year-end financial results for 2025. “2025 was a year of disciplined execution focused on the LOTUS trial, and we are thrilled to be approaching a transformational milestone with our topline data release expected in the second quarter of 2026,” said Dr. Garry Neil, Chief Executive Officer. “We look forward to sharing the results which have the potential to demonstrate abdakibart’s (AVTX-009) high affinity inhibition of IL-1β and positive impact on addressing the large unmet need of patients living with hidradenitis suppurativa.” Upcoming Anticipated Milestone: Abdakibart (AVTX-009) Phase 2 LOTUS trial: The global study which includes approximately 250 adults with hidradenitis suppurativa (HS) is designed to evaluate the efficacy and safety of subcutaneous bi-weekly and monthly dosing regimens compared to placebo. Topline data expected in the second quarter of 2026. 2025 Financial Update: Cash, cash equivalents and short-term investments were $98.3 million as of December 31, 2025. Net cash used in operating activities was $51.5 million for the year ended December 31, 2025. Avalo’s current cash, cash equivalents and short-term investments are expected to fund operations into 2028. were $98.3 million as of December 31, 2025. Net cash used in operating activities was $51.5 million for the year ended December 31, 2025. Avalo’s current cash, cash equivalents and short-term investments are expected to fund operations into 202...

All amounts in U.S. dollars unless otherwise stated TORONTO, March 23, 2026 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today released Convex Group Limited’s (“Convex”) audited financial results for the fourth quarter and full year 2025. This Supplemental Information Package follows the summary financial information released with Onex’ results on February 20 and is available on Onex’ website at https://www.onex.com/convex. Convex delivered strong performance in 2025, with Gross Premium Written and Net Premium Earned increasing by 14% and 20%, respectively, year-over-year. Underwriting results remained robust with a combined ratio of 89% and benefited from continued improvement in the expense ratio as Convex scales and captures operating leverage. Net income increased 40% to $711 million in 2025, up from $506 million in 20241. Onex invested $3.8 billion of capital in Convex on February 6, 2026. Beginning in Q1 2026, Onex will provide an estimate of the fair value of its Convex investment. About Onex Onex invests and manages capital on behalf of its shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, banks, insurance companies, family offices and high-net-worth individuals. In total, Onex has approximately $59.2 billion in assets under management, of which $8.7 billion is Onex’ own investing capital. With offices in Toronto, New York, New Jersey and London, Onex and its experienced management teams are collectively the largest investors across Onex’ platforms. Onex is listed on the Toronto Stock Exchange under the symbol ONEX. For more information on Onex, visit its website at www.onex.com. Onex’ security filings can also be accessed at www.sedarplus.ca. About Convex Convex is an international specialty insurer and reinsurer with operations in Bermuda, Lond...

Completed target enrollment in Phase 1 monotherapy dose expansion study of micvotabart pelidotin (MICVO) in 2L+ Recurrent/Metastatic Head and Neck Squamous Cell Carcinoma (R/M HNSCC) in the first quarter of 2026 Updated data from MICVO Phase 1 monotherapy study in 2L+ R/M HNSCC on track for mid-year 2026; to include patients treated with modified weight-based dosing and patients treated with total body weight dosing Updated data from MICVO Phase 1/2 dose escalation study in combination with KEYTRUDA® in 1L/2L+ R/M HNSCC on track for the second half of 2026 Announced appointment of Thomas Civik as Interim Chief Executive Officer Expected cash runway into the fourth quarter of 2026 BOSTON, March 23, 2026 (GLOBE NEWSWIRE) -- Pyxis Oncology, Inc. (Nasdaq: PYXS), a clinical-stage company developing next-generation therapeutics for difficult-to-treat cancers, today provided a business update, and reported financial results for the year and quarter ended December 31, 2025. “The completion of target enrollment in the Phase 1 monotherapy study of MICVO in patients with recurrent/metastatic head and neck squamous cell carcinoma is an important milestone for the Company and reflects the incredible effort of the Pyxis Oncology team,” said Thomas Civik, Interim Chief Executive Officer and Director of Pyxis Oncology. “We are laser focused on clinical execution and operations so that we can deliver a robust dataset in mid-2026 that will allow us to further assess the potential of MICVO as monotherapy. Following the preliminary results shared last December, we implemented a modified weight-based dosing approach that is expected to deliver optimal drug exposure for patients across all weight ranges to further improve the benefit-risk profile for MICVO. We look forward to sharing these results mid-year, and plan to provide an assessment of whether the dosing modification achieved these intended goals. We also expect to share updated combination data in 2H26 as we continue to evaluate...

NVIDIA backs AI factories designed to come online faster and support the grid Stock Titan

“AI factories are too valuable to be treated as either passive loads or permanent islands,” said Varun Sivaram, founder and CEO of Emerald AI. “They produce tremendously valuable AI tokens and knowledge, and with DSX Flex, they can also provide measurable relief back to the grid. Emerald Conductor orchestrates compute flexibility alongside onsite energy resources to support the grid, so projects can connect sooner, preserve quality of service for AI tenants and ultimately strengthen the power system around them.” “AI factories are the engines of the intelligence era, and like any great engine, every system must be designed together — energy, compute, networking and cooling as one architecture,” said Jensen Huang, founder and CEO of NVIDIA. “NVIDIA and Emerald AI are working together to enable a future for AI where performance, efficiency and grid responsiveness can be tapped into immediately.” Emerald AI’s Conductor platform will orchestrate computational flexibility alongside onsite generation, batteries and other behind-the-meter resources to deliver precise, grid-responsive power flexibility while ensuring quality of service for AI compute tenants. This coordination helps operators meet power targets, protect priority workloads, shorten time on bridge power, and support larger and faster interconnections. It can also help reduce the need for infrastructure to be sized around peaks, easing pressure on future system costs. For accelerated deployment, the factories can use co-located energy generation and storage as bridge power for hybrid AI factories, then later harness these resources to flexibly supply the grid, accelerate AI factory interconnection and support the broader power system. This approach helps bring AI capacity online faster while creating broader value for customers and communities. By bringing together technology, energy and infrastructure leaders, the collaboration demonstrates how companies across industries can convene to support AI innovation ...

The operators of Wall Street’s oldest exchanges are racing to wire crypto infrastructure into the traditional financial system, betting that the two markets are headed toward a round-the-clock ecosystem. Nasdaq Inc. is deepening that bet, partnering with digital-asset technology firm Talos to connect crypto trading and risk-management tools with the same platforms that banks and brokers use to manage collateral and surveillance across stocks and bonds. Through the partnership, Talos’ clients, which range from hedge funds to retail brokers, will gain access to Nasdaq’s Calypso platform that’s used by traditional financial services firms to manage risk, margin, and collateral requirements, the companies announced on Monday. It’s part of a broader push by the gatekeepers of US capital markets to embed crypto infrastructure into the financial system’s core plumbing. Nasdaq’s competitor, the New York Stock Exchange, is building its own blockchain-based venue for round-the-clock trading of tokenized stocks and ETFs. “We see adoption of digital assets across the board and we are working deliberately to make sure that we are able to provide the tools and the risk management,” Roland Chai , president of European market services and head of digital assets at Nasdaq, said in an interview. Traditional markets like equities, which trade Monday through Friday, and crypto, which operates around the clock, are starting to converge. Exchange operators are looking for ways to work in tandem to bring asset classes closer together, using a combination of new and existing technology. “We help institutions extend their existing trading, risk, collateral, and compliance workflows into digital assets, rather than treating crypto as a separate silo,” said Anton Katz, CEO and co-founder of Talos. The work with Nasdaq is “tangible evidence that the two worlds are starting to truly converge,” he said. Tokenization Push Traditional stock exchanges like Nasdaq have been looking for ways to expan...

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock has been on fire over the past year, but the company isn't done growing. Gemini is gaining share in AI, search is performing well, YouTube is the leader in streaming, and the cloud business is on pace to double in under two years. Can Alphabet stock triple in the next five years? In this video, I explain how it's possible and what I see ahead for the stock. *Stock prices used were end-of-day prices of March 18, 2026. The video was published on March 20, 2026. Continue reading

Iran war has sparked a supply chain mess, Trump sends ICE to airports, Musk unveils Terafab AI chips project, and more news to start your day.

The FSA said: "Any consumers who have purchased affected Moma porridge products are asked not to consume them. Instead, they should return the products to the store where they were purchased and a full refund will be issued."

格隆汇3月23日丨据央视，伊朗驻印度大使馆当地时间23日在社交媒体上发文表示，有关伊朗向通过霍尔木兹海峡的船只收取200万美元费用的说法“毫无根据”。

格隆汇3月23日丨融捷股份(002192.SZ)公告称，公司第九届董事会第三次会议审议通过多项议案，其中包括全资子公司兰州融捷材料科技有限公司拟投资约11亿元建设年产5万吨高性能锂离子电池负极材料项目。

随着霍尔木兹海峡航运受阻、油气设施遭袭以及供应链持续紧张，国际油价迅速攀升。与此同时，投资银行杰富瑞的模型测算显示，仅在3月份，美国石油生产商就可能因此增加约50亿美元的现金流。能源研究机构Rystad Energy估算表示，如果今年原油价格维持在平均每桶100美元，美国石油企业将从产量收益中额外获得超过600亿美元的收入。美国总统特朗普更曾在社交媒体上直言： “作为迄今全球最大的产油国，油价上涨意味着美国正在赚大钱。” 海湾地区的战火正在导致油价上涨，可能会扰乱全球经济，但对美国一些拥有能源产业的州来说，这是一笔意外之财。这笔额外现金流的主要受惠者是远离战场的美国页岩油商，它们的业务集中在美国本土，中东风险敞口较小。“我们的供应没有瓶颈，” 《财富》杂志的报道援引石油预测专家、美国皮克林能源伙伴咨询研究公司创始人丹·皮克林的话称， “美国能源生产商的财务业绩肯定会从这场冲突中受益。” 石油被用于制造成千上万种产品，从高尔夫球、儿童玩具到洗发水都离不开它。但不同产品的石油含量差异巨大——塑料制品的石油含量可高达40%。而洗发水这类液体产品，石油含量大约只有1%。石油公司赚得盆满钵满的同时，专门研究通胀的哈佛商学院Alberto Cavallo教授称， 伊朗冲突引发了大规模能源震荡，而 “剧烈的冲击传导速度极快”。他还表示，数字化发展与线上竞争也缩短了成本上涨到售价上调之间的滞后时间，这意味着企业定价决策比过去更快。 多数大型企业持有两至四周的石化产品库存，但这些库存将在3月下旬逐渐耗尽。 原油供应中断对实体经济的打击，往往不是停留在上游，而是通过炼化体系向整个工业链和消费端层层放大。在美国，石油行业曾以“利润最终会以股息形式惠及民众”为由为石油涨价政策辩护，这引发两个关键问题： 石油价格上涨后，哪些群体获得了这些利润？这些利润收入又在多大程度上抵消了生活成本的上涨？ 关于石油利润去向的研究 伊莎贝拉·韦伯（Isabella Weber）和格雷戈尔·塞米纽克（Gregor Semieniuk）是马萨诸塞大学阿默斯特分校的经济学副教授。近年来，他们持续研究一个核心问题：石油价格暴涨带来的巨额利润，最终流向了谁？ 他们主要参考了2022年的数据。那一年，由俄乌冲突引发的石油和天然气价格飙升，为分析这一问题提供了典型样本。 据统计，2022年，全球上市油气公司的净利润达到9...

工信部公开征求《光伏组件安全要求》等2项强制性国家标准(报批稿)意见。 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。

Huel, the protein shake maker which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group Danone in a deal worth about €1bn (£870m). The British company, which makes food powders, snack bars and meals from a blend of plant-based ingredients and fortified with vitamins, started out selling its powders online. It is now available in more than 25,000 stores around the world. The deal is expected to deliver a multimillion-pound payday for Huel co-founder Julian Hearn, who started the business in 2015 with the nutrition specialist James Collier, and remains one of the biggest shareholders in the business. Elba and his wife, Sabrina, have also invested in Huel, alongside Ross. The company’s chief executive, James McMaster, said the €1bn deal marked the “next step” for Huel, a contraction of “human fuel”. “With Danone, we will now have the infrastructure, distribution and R&D capability to go further, into new markets and to more people, as demand for convenient, complete nutrition continues to grow. We’re so proud of what the team has built, and excited about what comes next,” he said. Diary of a CEO host Steven Bartlett has also been a champion for Huel and was a director at the business. In 2024, Huel was slapped on the wrist by the advertising watchdog for failing to disclose its commercial relationship with Bartlett in Facebook promotions. Bartlett stepped down from his role as director at Huel last month, according to filings at Companies House. The acquisition is the latest effort by Danone, which also produces Evian water and Activia yoghurt, to grow in the booming “functional nutrition” market, driven by demand for personalised nutrition and gut health products. Shares in Danone, which is listed in Paris, slipped 0.9% in early trading on Monday. Huel, which is headquartered in Tring, Hertfordshire and employs about 300 people, has grown in popularity among time-poor urban profession...

Key Points You may be worried about retiring at a time when there's economic uncertainty on the home front and tensions overseas. A stock market crash early on in retirement could spell trouble long term. Having a few years of expenses in cash could help you avoid locking in losses as a new retiree. The $23,760 Social Security bonus most retirees completely overlook › Taking the plunge into retirement can be a daunting prospect in the best of times. But right now, it may feel especially scary. Not only is there general economic uncertainty, but the Iran conflict could have a huge impact on living costs and stock values. If oil prices continue to climb, consumer prices could soar on a whole. And if tensions aboard and economic fears cause investors to feel skittish, it could lead to a stock market sell off. 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 » That doesn't mean retiring in 2026 is guaranteed to be a disaster, though. If you're set on retiring this year, there's an important move you can make to protect your retirement savings from a stock market crash. Boost your cash reserves During retirement, it's a good idea to keep your IRA or 401(k) invested in the stock market -- at least partially. You want that money to keep growing so it's able to keep up with, or ideally outpace, inflation. Still, it's generally a good idea to keep a year or two of living expenses in cash as a retiree. That way, if there's a market event and your portfolio loses value, you can avoid tapping your investments and locking in losses. Given today's climate, you should especially make sure to have a decent pile of cash on hand. You may want to give yourself two to three years' worth of living expenses if you're retiring this year. And it's not necessarily because a near-term stock market downturn is guaranteed to be...

MongoDB is poised for a rally as its growth profile improves and it continues to embrace artificial intelligence to keep its developer data platform's operations lean, according to Mizuho. The bank upgraded MongoDB to outperform from neutral. It also raised the stock's price target to $325 from $290, implying 24% upside from Friday's close. "MongoDB's growth profile has inflected meaningfully … [and] we see AI as a structural tailwind," analyst Siti Panigrahi said Sunday in a note to clients. MDB YTD mountain MDB in 2026 The company is on track to increase its customer base by 60% year on year in fiscal 2026, while revenue from existing customers improves, according to Panigrahi. At the same time, MongoDB's headcount is growing just 1% against a 23% increase in revenue, signaling "efficient, durable growth," he noted. The company is "unlike SaaS peers facing AI disruption risk [because] MongoDB operates at the infrastructure layer where AI is net additive," Panigrahi wrote. "Vibe coding is accelerating applications creation, each requiring a data layer, while AI workloads are more database-intensive, driving higher activity per application." CEO CJ Desai, who took the reins late last year, is also expected to leverage his Fortune 500 relationships to accelerate large-deal momentum at the firm, per Mizuho. "Our bottom-up analysis suggests these drivers can support upside FY27 revenue of $3.07B (25% growth) vs. Street at $2.90B (18%), with upside flowing through to margins given the lean cost structure," Mizuho analysts wrote. The bank's call falls in line with consensus on the Street. About three-quarters of the 42 analysts covering the stock have a buy or strong buy rating on MongoDB, according to LSEG data. MongoDB has fallen 38% in 2026. A chunk of that decline came this month, with shares dropping 22% on March 3 on the back of lighter-than-expected guidance for the first quarter.

这些年，伴随着金融市场的竞争日趋白热化，各家金融机构是八仙过海各显神通，通过各种手段来获客拉客，在这其中最近一个新趋势开始出现了，这就是各家基金公司开始全面布局播客，不好好干金融去玩耳朵经济，基金公司这是想干嘛？ 一、基金公司集体布局播客 据证券时报的报道，从“尝鲜”到“常态”，基金公司集体布局播客，抢占投资者“耳朵阵地”。2025年以来，多家基金公司相继布局播客——富国基金、大成基金、银华基金、景顺长城基金、嘉实基金、汇添富基金、财通基金等公募密集推出播客栏目；与此同时，更早入局的华夏基金、中欧基金、天弘基金等机构则保持着常态化更新，华夏基金《大方谈钱》在春节期间仍推出特别节目。从新玩家的密集入场，到老玩家的稳定运营，播客正在从基金公司的“试水之作”沉淀为投资者服务的常规配置。 据不完全统计，截至2026年初，目前已有超过30家基金公司开设播客栏目，头部账号订阅量突破16万，单期节目最高播放量近17万。播客，这个曾被视作“小众”的媒介，正成为基金业从“销售导向”转向“客户陪伴”的关键阵地。 头部账号订阅量破16万，春节期间持续“上新”根据最新统计，截至2026年初，基金公司在播客平台的运营已形成初步梯队。华夏基金旗下播客《大方谈钱》以小宇宙平台订阅量164030人次、累计更新72期的成绩领跑行业，其最受欢迎单期播放量达16.8万，内容聚焦如何寻找投资中的信息差。中欧基金旗下播客《中欧基金》订阅量达65570次，最受欢迎的一期围全球资产配置，播放量13.3万。 二、不好好干金融玩耳朵经济想干嘛？ 当传统金融机构纷纷跨界进入音频领域，表面上看似"不务正业"的举动，实则暗含着行业变革的深层逻辑，这个逻辑我们到底该怎么看？ 首先，金融机构通过社交媒体提升用户粘性早已不是新鲜事。从十年前分析师开设个人博客分享市场观点，到短视频平台兴起后基金经理直播路演，再到如今集体布局播客领域，金融传播媒介的迭代始终紧扣技术变革与用户需求。这种演变并非简单的形式创新，而是金融机构适应数字化生存的必然选择。 财经内容的特殊性决定了其传播需求的持续性。不同于娱乐内容的一次性消费，投资理财需要长期的知识积累与观念更新。基金公司选择播客作为新阵地，正是看中了音频媒介在构建长期信任关系方面的独特优势。当投资者在晨跑时听到基金经理的市场解读，在通勤路上收听投资策略分析，这种碎片化场景下的持续渗透，正在...