JPMorgan Chase & Co. strategists cut their price target on the S&P 500 Index, saying the upside potential for risk assets is “more constrained” by a war in the Middle East. Strategists led by Fabio Bassi slashed their year-end estimate to 7,200 points from 7,500, citing a supply shock stemming from the interruption of oil flows through the Strait of Hormuz that threatens to crimp corporate profits and economic growth. “Geopolitical concerns and higher energy prices for longer will drag global growth lower and inflation higher,” Bassi wrote in a note to clients published on Friday. “We recommend investors to stay invested with downside hedges in equities, and we hold to these hedges given the modest correction year-to-date.” Equity markets have been stress-tested since the conflict in the Middle East broke out three weeks ago. The S&P 500 fell 1.5% on Friday to 6,506.48, the lowest level in six months, and notched its fourth-straight week of declines, the longest losing streak in more than a year. The firm’s new target still implies an 11% gain for the S&P 500 between Friday’s close and the year-end. Hostilities between Iran and the US have added a new stress point to the market, which is already dealing with other headwinds, including fear of disruption from artificial intelligence as well as private-credit writedowns. The surging oil prices threaten earnings growth, Bassi said. “On earnings, ~$110 oil through year-end implies a 2–5% trim to S&P 500 consensus EPS, with more pronounced pressure if crude grinds higher,” Bassi wrote in the note. “The near-term equity risk is more about multiple compression as investors reassess growth and liquidity than a deep earnings recession.” Earlier this week, JPMorgan strategists said investors were failing to price the potential economic damage from soaring energy prices and other strains caused by a prolonged shutdown of the Strait of Hormuz, despite the fact that four out of five oil shocks since the 1970s have led to a reces...

Getty Images What is ZSP:CA? The BMO S&P 500 Index ETF ( ZSP:CA ) is a passively managed exchange-traded fund (also known as an ETF) with a NAV of $20.6 billion CAD that invests in large-cap American listed stocks, with additional minor exposure (under 3%) in global equities outside of the U.S. BMO, and most of the 5 banks, try to provide the same scale of offerings that American fund managers like Vanguard and BlackRock do, and I think they provide cleaner ways to do so in one's portfolio in Canada. BMO's passive offering is very liquid, tracks the S&P 500 very closely, and has a small expense ratio, making it an easy way to get U.S. exposure in Canada. This article seeks to compare this offering with some other larger American fund offerings. ZSP:CA's benchmark target is the S&P 500 ( SPY ) the fund has not materially deviated from its benchmark, while also presenting less volatility during selloffs, with a beta of 0.97. VFV:CA or XUS:CA are other similar hedged alternatives, while ZSP:CA is a not. I rate it a Hold because its unhedged, and I anticipate the Canadian dollar improving given oil strength and geopolitical shifts away from U.S. dominance, so the fund would drag in performance. Fund Breakdown ZSP:CA was launched on Nov. 14, 2012 by BMO with a plan to create a diversified, easily tradable fund that invested in highly liquid U.S. companies with growth upside. The ETF has successfully tracked the S&P 500 for over 13 years now, showing almost identical returns with a slightly lower Beta. The fund has an expense ratio of just 0.09%, in line with VFV:CA and slightly above XUS:CA, which is at 0.08% . Additionally, the fund has lots of liquidity, with daily volumes averaging over 146,000 shares traded, which means over $15 million CAD of volume per day. This is an important note, as many funds in Canada, given the lack of institutional and retail ownership, are thinly traded, leading to higher bid/ask spreads and mispricing the ETF units against the underlying ...

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BNP Paribas’ Greg Boutle, Goldman Sachs’ Daan Struyven, JPMorgan Wealth Management CEO Kristin Lemkau, J.P. Morgan Asset Management’s Chad Tredway, StoneX Group’s Kathryn Rooney Vera, PIMCO’s David Forgash, Macquarie Capital’s Viktor Shvets, Atlantic Council’s Colin Coleman, & Pivotal Ventures’ Erin Harkless Moore. (Source: Bloomberg)

Is Micron the Best Semiconductor Stock to Buy Right Now? The Globe and Mail

WeRide Inc. (NASDAQ:WRD) is one of the 11 best software application stocks to buy now. On March 17, during NVIDIA’s GTC 2026 event, WeRide Inc. (NASDAQ:WRD) exhibited its Robotaxi GXR, highlighting its continued push in the autonomous vehicle space and global expansion efforts. Commenting on the advancement, the company stated: “WeRide Inc. (NASDAQ:WRD) showcased its Robotaxi GXR at NVIDIA (NVDA) GTC 2026 today, expanding the model’s global appearance. Building on the strategic partnership with Grab, Southeast Asia’s leading superapp and a WeRide shareholder, WeRide looks forward to introducing the vehicle across key Southeast Asian markets over time.” YAKOBCHUK VIACHESLAV/Shutterstock.com On March 13, WeRide Inc. (NASDAQ:WRD) announced that during meetings held in Guangzhou, China, during the first week of February, all motions put forth in the notices of the extraordinary general meeting, Class A meeting, and Class B meeting were approved. All corporate authorizations and activities were deemed to be accepted upon adoption of the resolutions. The memorandum and articles of association of the company were also amended and restated. Moreover, the directors were given unconditional and broad mandates to distribute, issue, and deal with more of the treasury and Class A ordinary shares. The WeRide Inc. 2026 Share Plan was also adopted, and the share repurchase by the company was authorized under specified conditions and specified periods of time. WeRide Inc. (NASDAQ:WRD) delivers autonomous driving technologies and services across a range of industries. These include logistics, mobility, sanitation, and more. The company offers a ride-hailing app called WeRide Go, and also delivers driving-assistance solutions. While we acknowledge the potential of WRD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era...

格隆汇3月21日｜周五（3月20日）纽约尾盘，现货黄金跌3.25%，报4499.36美元/盎司，本周累计下跌10.37%，3月18日北京时间18:30之前持续窄幅纠缠于5000美元整数位心理关口，随后持续走低。COMEX黄金期货跌2.16%，报4505.70美元/盎司，本周累跌11.07%，3月21日02:30跌至4478.40美元。

Three high-quality international stocks offering strong fundamentals and cheaper valuations than U.S. peers: Games Workshop, Investor AB,

The major indexes broke long-term support as oil prices and bond yields soar. President Trump said late Friday he's mulling "winding down" the Iran war hours after saying that was not "acceptable."

财联社3月21日讯（编辑 赵昊） 周五（2月20日），受中东战事影响，美股低开低走，三大指数集体收跌，其中纳指跌超2%。 截至收盘，标普500指数跌1.51%，报6506.48点；纳斯达克综合指数跌2.01%，报21647.61点，双双收于2025年9月以来的最低水平。道琼斯指数跌0.96%，报45577.47点，为去年10月以来最低收盘价。 周线上看，道指本周累跌2.11%，标普累跌1.9%，纳指累跌2.07%，三大指数均连跌四周，其中标普创下自2025年3月以来最长的周线连跌纪录，道指也创2023年2月以来最长连跌纪录。 盘中，道指和纳指一度进入“回调区间”——较历史高点低了10%。当时，新华社援引美国媒体报道称，美国军方正向中东地区增派3艘军舰和约2500名海军陆战队员。 与此同时，伊拉克石油部消息人士称，伊拉克政府决定对在伊外国石油公司负责开发的所有油田实行“不可抗力”措施。受此影响，布伦特原油期货价格收于每桶112.19美元，涨幅为3.26%。 尾盘时，央视记者获悉，美国国防部官员已为向伊朗部署美国地面部队制定了详尽的准备方案。据悉，特朗普一直在权衡是否要在该地区部署地面部队。目前尚不清楚他会在何种情况下授权动用地面部队。 Baird投资策略师Ross Mayfield评论道：“如果这次冲突升级至出动地面部队，那么我们可能至少还要经历几周原油和天然气价格持续上涨的局面，你需要密切关注该地区能源基础设施的每一个新闻头条。” Mayfield补充道：“坦白说，美国股市尚未出现足以反映此类事件的抛售，因此，未来可能还存在一定的下跌空间。” 由于市场再度担忧美国通胀回归，市场开始将美联储潜在的货币紧缩政策计入价格。芝商所的“美联储观察”工具显示，市场预期该行有12.4%的概率在4月会议上加息25个基点。 B. Riley首席市场策略师Art Hogan表示：“在目前充满不确定性的环境下，任何指数出现10%的回调都并不罕见。标普500指数由于其涵盖范围更广、成分股更多元化，跌幅要小一些。但这同时也表明，我们正处于一个非常不确定的时期。” 热门股表现 “七巨头”集体下跌，（按市值排列）英伟达跌3.28%，苹果跌0.39%，谷歌C跌2.27%，微软跌1.84%，亚马逊跌1.63%，Meta跌2.15%，特斯拉跌3.24%。 费城半导体指数跌2.45%，30只成分股中仅3...

Source: Bloomberg, 4:19

Waste Management (WM) closed at $231.24 in the latest trading session, marking a -1.11% move from the prior day. This change was narrower than the S&P 500's 1.51% loss on the day. On the other hand, the Dow registered a loss of 0.97%, and the technology-centric Nasdaq decreased by 2.01%. Coming into today, shares of the garbage and recycling hauler had gained 0.18% in the past month. In that same time, the Business Services sector lost 4.08%, while the S&P 500 lost 3.63%. The upcoming earnings release of Waste Management will be of great interest to investors. The company is forecasted to report an EPS of $1.76, showcasing a 5.39% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $6.3 billion, indicating a 4.62% growth compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates are projecting earnings of $8.16 per share and revenue of $26.5 billion, which would represent changes of +8.8% and +5.15%, respectively, from the prior year. Investors might also notice recent changes to analyst estimates for Waste Management. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.14% higher. Right now, Waste Management possesses a Zacks Rank of #3 (Hold). Digging into valuation, Wa...

Superior Group (SGC) closed at $9.97 in the latest trading session, marking a -2.54% move from the prior day. This move lagged the S&P 500's daily loss of 1.51%. Elsewhere, the Dow lost 0.97%, while the tech-heavy Nasdaq lost 2.01%. The uniform maker's shares have seen an increase of 0.29% over the last month, surpassing the Consumer Discretionary sector's loss of 3.7% and the S&P 500's loss of 3.63%. Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. On that day, Superior Group is projected to report earnings of $0.02 per share, which would represent year-over-year growth of 140%. Meanwhile, our latest consensus estimate is calling for revenue of $137.9 million, up 0.58% from the prior-year quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.58 per share and a revenue of $576.45 million, signifying shifts of +26.09% and +1.81%, respectively, from the last year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Superior Group. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 23.01% downward. Superior Group is currently a Zacks Rank #4 (Sell). Valuation is also important, so investors should note that Superior Group has a Forward P/E ratio of 17.64 right no...

In the latest trading session, Rithm (RITM) closed at $10.67, marking a -0.28% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.09%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq decreased by 0.1%. Prior to today's trading, shares of the real estate investment trust had gained 0.56% over the past month. This has outpaced the Finance sector's loss of 4.24% and the S&P 500's loss of 0.29% in that time. Analysts and investors alike will be keeping a close eye on the performance of Rithm in its upcoming earnings disclosure. The company is expected to report EPS of $0.45, down 11.76% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $1.2 billion, reflecting a 69.08% rise from the equivalent quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.95 per share and revenue of $4.32 billion. These totals would mark changes of -5.34% and +19.21%, respectively, from last year. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Rithm. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus ...

Will Microsoft (MSFT) finish week of March 23 above___? Trading Odds & Predictions Polymarket

This market will resolve according to the official closing price for Microsoft (MSFT) on the final day of trading of the specified week (normally Friday). If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If the final session of the week is shortened (for example, due to a market-holiday schedule), the official closing price published for that shortened session will still be used for resolution. If no official closing price is published for that session (for example, due to a trading halt into the close, system issue, delisting, or other disruption), the market will use the last valid on-exchange trade price of the regular session as the effective closing price. In the event of a stock split, reverse stock split, or similar corporate action affecting the listed company during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Yahoo Finance. The target price will be adjusted proportionally to reflect any stock splits. Resolution will be based on the historical price data as shown on Yahoo Finance after any adjustments have been applied. The resolution source for this market is Yahoo Finance, specifically the Microsoft (MSFT) "Close" prices available at https://finance.yahoo.com/quote/MSFT/history, published under "Historical Prices." This market will resolve according to the official closing price for Microsoft (MSFT) on the final day of trading of the specified week (normally Friday). If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If the final session of the week is shortened (for example, due to a market-holiday schedule), the official closing price published for that shortened session will still be used for resolution. If no official closing price is published for that session (for example, due to a trading halt into the close, system issue, delisting, or other disruption), the market w...

This market will resolve according to the official closing price for Amazon (AMZN) on the final day of trading of the specified week (normally Friday). If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If the final session of the week is shortened (for example, due to a market-holiday schedule), the official closing price published for that shortened session will still be used for resolution. If no official closing price is published for that session (for example, due to a trading halt into the close, system issue, delisting, or other disruption), the market will use the last valid on-exchange trade price of the regular session as the effective closing price. In the event of a stock split, reverse stock split, or similar corporate action affecting the listed company during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Yahoo Finance. The target price will be adjusted proportionally to reflect any stock splits. Resolution will be based on the historical price data as shown on Yahoo Finance after any adjustments have been applied. The resolution source for this market is Yahoo Finance, specifically the Amazon (AMZN) "Close" prices available at https://finance.yahoo.com/quote/AMZN/history, published under "Historical Prices." This market will resolve according to the official closing price for Amazon (AMZN) on the final day of trading of the specified week (normally Friday). If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If the final session of the week is shortened (for example, due to a market-holiday schedule), the official closing price published for that shortened session will still be used for resolution. If no official closing price is published for that session (for example, due to a trading halt into the close, system issue, delisting, or other disruption), the market will use t...

Amazon (AMZN) closes week of Mar 23 at ___? Trading Odds & Predictions polymarket.com

Microsoft (MSFT) closes week of Mar 23 at ___? Trading Odds & Predictions polymarket.com

This market will resolve according to the official closing price for Apple (AAPL) on the final day of trading of the specified week (normally Friday). If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If the final session of the week is shortened (for example, due to a market-holiday schedule), the official closing price published for that shortened session will still be used for resolution. If no official closing price is published for that session (for example, due to a trading halt into the close, system issue, delisting, or other disruption), the market will use the last valid on-exchange trade price of the regular session as the effective closing price. In the event of a stock split, reverse stock split, or similar corporate action affecting the listed company during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Yahoo Finance. The target price will be adjusted proportionally to reflect any stock splits. Resolution will be based on the historical price data as shown on Yahoo Finance after any adjustments have been applied. The resolution source for this market is Yahoo Finance, specifically the Apple (AAPL) "Close" prices available at https://finance.yahoo.com/quote/AAPL/history, published under "Historical Prices." This market will resolve according to the official closing price for Apple (AAPL) on the final day of trading of the specified week (normally Friday). If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If the final session of the week is shortened (for example, due to a market-holiday schedule), the official closing price published for that shortened session will still be used for resolution. If no official closing price is published for that session (for example, due to a trading halt into the close, system issue, delisting, or other disruption), the market will use the ...

Apple (AAPL) closes week of Mar 23 at ___? Trading Odds & Predictions polymarket.com

In a February 17, 2026, filing, Inherent Management Corp. disclosed buying 200,050 Sotera Health Company (NASDAQ:SHC) shares, an estimated $3.31 million trade based on quarterly average pricing. According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Inherent Management Corp. increased its position in Sotera Health Company (NASDAQ:SHC) by 200,050 shares during the fourth quarter. The estimated value of shares acquired is approximately $3.31 million, based on the average closing price for the period. At quarter-end, the position’s reported value rose by $5.39 million, a figure that incorporates both the additional shares and changes in Sotera Health's share price. Sotera Health Company is a leading provider of sterilization and lab testing services, supporting critical supply chains in healthcare and related industries. The company operates at scale, with a diversified customer base and an emphasis on regulatory compliance and quality assurance. Its integrated service offerings and global reach position it as a key partner for organizations requiring stringent safety and testing standards. Continue reading

格隆汇3月21日｜WTI 4月原油期货收涨2.77美元，涨幅将近2.90%，报98.32美元/桶，本周累计上涨将近1.53%。布伦特5月原油期货收涨3.54美元，涨幅将近3.26%，报112.19美元/桶，本周涨超8.77%。中东Abu Dhabi Murban原油期货涨16.48%，报144.52美元/桶，本周累涨26.37%，整体持续走高。NYMEX 4月天然气期货收报3.0950美元/百万英热单位，本周将近1.15%。NYMEX 4月汽油期货收报3.2862美元/加仑、本周累涨约8.05%，NYMEX 3月取暖油期货收报4.6084美元/加仑、本周累涨将近14.79%。

There's a virus you may have never heard of before that is estimated to infect up to 90 percent of people and lurks quietly in your cells for life—but if it becomes activated, it will destroy your brain. If that's not startling enough, researchers reported this week that there may be a new way for this virus to activate—one that affects up to 10 percent of adults worldwide. The virus is the human polyomavirus 2, commonly called either the JC virus or John Cunningham virus, named after the poor patient from whom it was first isolated in 1971. It shows up in the urine and stool of infected people and spreads via the fecal-oral route. Many people are thought to be infected early in life, and blood testing surveys have suggested that 50–90 percent of adults have been exposed at some point. Researchers hypothesize that the initial site of infection is the tonsils, or perhaps the gastrointestinal tract. But wherever it happens, that initial infection is asymptomatic. At that point, a person is infected with what's called the archetype JC virus , which quietly sets up a persistent but utterly silent lifelong infection. Read full article Comments

Direxion Daily QCOM Bear 1X ETF (QCMD) Stock Trends and Sentiment 2026 MarketBeat

domoskanonos/iStock via Getty Images Thesis Summary Just last month, I called Super Micro Computer, Inc. ( SMCI ) the most misunderstood AI stock in the market and upgraded it to a Strong Buy. Today, the stock is down over 27%. Clearly, I was wrong to be bullish. But what has changed is not the fundamental AI story or even the company’s positioning in the AI infrastructure stack. What’s changed is trust. New allegations have resurfaced that a SMCI director was involved in selling illegal chips, Nvidia ( NVDA ) GPUs to China. The market no longer trusts SMCI, and with good reason. There were plenty of signs, and I chose to ignore them. It’s a hard lesson to learn, but a lesson learned. SMCI has become uninvestable in my book. From Underrated To Uninvestable In my previous piece, I laid out what I considered to be a logical thesis. The market was pricing SMCI as a low-margin commodity hardware vendor, while the company was clearly transitioning into a full-stack AI infrastructure provider. My original thesis was supported by three key pillars: Explosive AI-driven revenue growth Early signs of margin expansion via DCBBS solutions A structural shift toward rack-scale AI factory deployments None of that has really changed; the problem is that SMCI already had a track record of issues, and that just got much worse. First, it was the audit of its financials; now, it’s alleged criminal wrongdoing by its co-founder. The Allegations: Why This Matters According to a recent report, company insiders, specifically a co-founder and an employee, have been implicated in the smuggling of restricted Nvidia chips. However, it's important to note Super Micro has not been named as a defendant in this indictment. U.S. officials allege the trio went to great lengths to hide their actions from both U.S.-based server manufacturers and export control authorities, even using hair dryers to remove labels and serial numbers ​from the real machines and placing them on dummy machines left behind a...

(RTTNews) - Meta Platforms is scaling back key elements of its metaverse strategy as the company increasingly shifts investment toward artificial intelligence. The company recently laid off about 10 percent of employees in its metaverse-focused division and announced that its flagship virtual world app, Horizon Worlds, will stop supporting new virtual-reality applications. Meta initially said access through VR headsets would end on June 15 but later clarified that some existing VR experiences will continue to be supported. The move reflects a broader pivot by Chief Executive Officer Mark Zuckerberg, who has increasingly emphasized AI development over immersive virtual worlds. The company plans to spend at least $115 billion this year, largely on artificial intelligence infrastructure including new data centers. Meta originally launched its metaverse push after acquiring Oculus for $2 billion in 2014 and later rebranded the company from Facebook to Meta in 2021 to reflect the vision of a shared digital universe where people would work, socialize and play through avatars. Despite billions of dollars in investment estimated at roughly $80 billion—the metaverse has remained a niche market compared with digital platforms such as Roblox and Fortnite. Meta said it will continue investing in virtual and augmented reality technologies, including future headsets and smart glasses, even as AI becomes the company's central strategic focus. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.