Hong Kong’s Baptist University placed a big bet when it told the government in 2023 that it was interested in moving its campus from the upmarket Kowloon Tong residential area to a proposed new academic town near the mainland Chinese border. The 70-year-old university’s move to the Northern Metropolis megaproject will mean giving up a prime site for a spot where most of the land has yet to be prep...
Hong Kong’s Baptist University placed a big bet when it told the government in 2023 that it was interested in moving its campus from the upmarket Kowloon Tong residential area to a proposed new academic town near the mainland Chinese border. The 70-year-old university’s move to the Northern Metropolis megaproject will mean giving up a prime site for a spot where most of the land has yet to be prepared for construction, although its proximity to mainland tech hub Shenzhen and the Lok Ma Chau Loop, partly earmarked for an innovation and technology park, has obvious appeal. “The Northern Metropolis neighbours the most innovative city in mainland China, and while Hong Kong is developing innovation and technology, we can utilise the resources in the vicinity,” university president Alexander Wai Ping-kong told the South China Morning Post in an interview this month. Advertisement “Our students and professors can reach Shenzhen and the Lok Ma Chau Loop directly and conveniently.” The university town is one of the core developments in the megaproject that aims to turn 30,000 hectares (74,132 acres) of land near the border into an engine for economic growth and a housing hub. Advertisement Baptist University is not the only one that has ambitions, with 18 other local public and private institutions also submitting proposals to the government in 2023 to set up operations or build facilities there. Some have proposed setting up satellite campuses to provide more academic and research space for developing innovative programmes, while others plan to promote vocational education involving cooperation with industries and integration of science and education.
Bitcoin (BTC 1.18%) has publicly been called dead by well-known commentators at least 471 times since 2010, according to the BitcoinDeaths data aggregator service, and each one of those obituaries was written with conviction. Yet each one was wrong. Now, with the coin still smarting from its painful collapse that started with the Oct. 10, 2025, flash crash, online searches for "Bitcoin going to ze...
Bitcoin (BTC 1.18%) has publicly been called dead by well-known commentators at least 471 times since 2010, according to the BitcoinDeaths data aggregator service, and each one of those obituaries was written with conviction. Yet each one was wrong. Now, with the coin still smarting from its painful collapse that started with the Oct. 10, 2025, flash crash, online searches for "Bitcoin going to zero" have once again hit record levels. But there's a reason the doomsayers keep getting proven incorrect, and the structural floor beneath Bitcoin's price is far sturdier than is generally known -- including in a cheeky technical way that the bears are unlikely to appreciate. Let's explore why Bitcoin is unlikely to ever go to zero. The case against ever going to zero For Bitcoin's price to reach a stone-cold $0.00, all of the largest holders on the planet would need to try to sell it, and then, in the same period, it would be necessary for no buyer to show up at any price. The existence of price-insensitive buyers with massive amounts of capital on hand mostly rules that out. For instance, the digital asset treasury (DAT) company Strategy, formerly MicroStrategy, holds more than 761,000 coins, roughly 3.6% of all Bitcoin that will ever exist, and it's constantly purchasing more and more regardless of whether the price is up or down. Expand CRYPTO : BTC Bitcoin Today's Change ( -1.18 %) $ -838.18 Current Price $ 70255.00 Key Data Points Market Cap $1.4T Day's Range $ 68934.00 - $ 71535.00 52wk Range $ 60255.56 - $ 126079.89 Volume 46B Other classes of holders, like governments, Bitcoin exchange-traded fund (ETF) issuers, and corporate treasuries, are also unlikely to completely dump their holdings all at the same time. Plus, an estimated 20% of Bitcoin's supply is permanently lost, so it simply can't be sold. Furthermore, the coin has already suffered multiple 80% declines, after which it formed a price floor, attracted new buyers, and eventually recovered to set new all-ti...
Samuel Boivin | Nurphoto | Getty Images OpenAI will combine its web browser, ChatGPT app and Codex coding app into a singular desktop super app, CNBC confirmed on Thursday. Fidji Simo, OpenAI's CEO of Applications, will oversee the change with assistance from OpenAI President Greg Brockman, according to a spokesperson. The new app aims to help OpenAI streamline the user experience and reduce fragm...
Samuel Boivin | Nurphoto | Getty Images OpenAI will combine its web browser, ChatGPT app and Codex coding app into a singular desktop super app, CNBC confirmed on Thursday. Fidji Simo, OpenAI's CEO of Applications, will oversee the change with assistance from OpenAI President Greg Brockman, according to a spokesperson. The new app aims to help OpenAI streamline the user experience and reduce fragmentation. "Companies go through phases of exploration and phases of refocus; both are critical," Simo said in a post on X on Thursday. "But when new bets start to work, like we're seeing now with Codex, it's very important to double down on them and avoid distractions. Really glad we're seizing this moment." The Wall Street Journal was first to report the super app. The effort to unify OpenAI's products under one application comes after Simo held an all-hands meeting with staffers earlier this month to answer employee questions about the company's priorities. She said said that the OpenAI is "orienting aggressively" towards high-productivity use cases. "What really matters for us right now is staying focused and executing extremely well," Simo said during the meeting, according to a partial transcript reviewed by CNBC. OpenAI rocketed into the mainstream following the launch of its ChatGPT chatbot in 2022, and it has since ballooned into one of the fastest-growing commercial entities on the planet. The company released a flurry of new products and experiences in recent months, including its Codex app and its browser , as it races to keep an edge over rivals like Google and Anthropic . The startup hired Simo , the former Instacart CEO, to lead its applications business in May. She has been emphasizing product focus and discipline within OpenAI as the company gears up for a potential IPO, which could happen as soon as this year. WATCH: OpenAI renews focus on enterprise in all-hands meeting amid IPO push watch now VIDEO 1:34 01:34 OpenAI renews focus on enterprise in all-hands...
Nvidia is a publicly traded company whose shares can be purchased by anyone with a brokerage account, and its equity is owned by both institutional and individual investors. As of mid-March 2026, it is the largest listed company by market capitalization, at more than $4.3 trillion. Nvidia has ...
Nvidia is a publicly traded company whose shares can be purchased by anyone with a brokerage account, and its equity is owned by both institutional and individual investors. As of mid-March 2026, it is the largest listed company by market capitalization, at more than $4.3 trillion. Nvidia has ...
The Brookings Institution's Asia Policy Studies Center Research Director Mireya Solis analyzes the high-stakes meeting between PM Sanae Takaichi and President Donald Trump as the Iran war tests the US-Japan alliance. (Source: Bloomberg)
The Brookings Institution's Asia Policy Studies Center Research Director Mireya Solis analyzes the high-stakes meeting between PM Sanae Takaichi and President Donald Trump as the Iran war tests the US-Japan alliance. (Source: Bloomberg)
In this article .HSI .N225 .AXJO @NG.1 @RB.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets mostly declined Friday following volatile trading on Wall Street overnight as investors sold assets from government bonds to equities and metals amid the Iran war. Tehran attacked the ...
In this article .HSI .N225 .AXJO @NG.1 @RB.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets mostly declined Friday following volatile trading on Wall Street overnight as investors sold assets from government bonds to equities and metals amid the Iran war. Tehran attacked the world's largest gas plant in Qatar, causing damage to the energy supply for the next several years, in retaliation against Israel's strikes on its South Pars gas field. QatarEnergy CEO Saad al-Kaabi said the Iranian attacks had wiped out 17% of the country's LNG export capacity for three to five years. The tit-for-tat attacks on key oil and gas infrastructures across the Middle East sent energy prices soaring. U.S. natural gas prices were last seen 1.5% higher, trading at $3.112 per million British thermal units. Front-month Nymex RBOB gasoline for April delivery, meanwhile, rose almost 1% to $3.13 and hit a nearly four-year high. International benchmark Brent crude futures rose 1.18% to end at $108.65 per barrel Thursday, after crossing $119 earlier in the session. U.S. West Texas Intermediate futures dropped 0.19% to $96.14. The market fallout from the regional war also extended to metals , with gold and silver shedding around 5% and 10% respectively before paring losses. Signaling efforts at cooling tensions, U.S. President Donald Trump said that he was not deploying ground troops, and Israeli Prime Minister Benjamin Netanyahu stated that Israel would refrain from repeating attacks on Iranian energy facilities. U.S.-aligned countries, including Britain, Canada, France, Germany and Japan issued a joint statement expressing "our readiness to contribute to appropriate efforts to ensure safe passage through the Strait" of Hormuz. Australia's S&P/ASX 200 slipped 0.27% in early Asia trade. Hong Kong Hang Seng index futures were at 25,312, lower than the index's last close of 2...
mesh cube/iStock via Getty Images By Elior Manier The world's reserve currency has proved once again why, when it all blows up, it all comes back to the dollar. The USD serves as the denominator for global commodity trade, so when commodities suddenly appreciate, particularly crude oil, it tends to force large currency conversions towards it. Many economic actors rushed to hedge against the confli...
mesh cube/iStock via Getty Images By Elior Manier The world's reserve currency has proved once again why, when it all blows up, it all comes back to the dollar. The USD serves as the denominator for global commodity trade, so when commodities suddenly appreciate, particularly crude oil, it tends to force large currency conversions towards it. Many economic actors rushed to hedge against the conflict by buying more expensive energy commodities, creating a dollar demand cascade. That's why it's common to see the term 'petrodollar' in recent days. But this move could already be over as traders prepare for the second phase of the conflict after three weeks of consistent gains. Note: A crazy selloff is currently ongoing in the dollar as Israel's PM Netanyahu marks the advancement of the conflict, and hawkish central banks lead to a large FX repricing. The FOMC brought quite a lot of change to markets: Jerome Powell pushed against further rate cuts, citing inflation is still too elevated and supply shocks that hurt dovish prospects. But one thing that drove this move was the fact that he wasn't particularly supportive of rate hikes, which gave bears enough leeway to stop the rush into the Greenback. US Dollar and WTI Oil Correlation (breaking) – Source: TradingView Having now reached the top of its July 2025 range, the US dollar could now be heading for a large correction. But the range highs aren't the only element marking the change in the recent flows. The US dollar and crude oil correlation is not as solid as it used to be – so expect to see more of these changes as time goes on. As you can see on the correlation chart above, since yesterday, WTI has remained sideways while the US dollar tumbled – this is a significant change compared to the first half of the month. We’ll explore the current technical signs arising and more in an in-depth technical analysis of DXY. Dollar Index ( DXY ) Multi-Timeframe Analysis Daily Chart Dollar Index (DXY) Daily Chart. March 19, 2026...
Earnings Call Insights: FiscalNote Holdings, Inc. (NOTE) Q4 2025 Management View CEO Joshua Resnik emphasized significant operational and strategic changes, stating, "Over the past year and including the recent market expansions and the additional streamlining that we announced today, we've made significant changes to strengthen our foundation and align our strategy with evolving customer needs an...
Earnings Call Insights: FiscalNote Holdings, Inc. (NOTE) Q4 2025 Management View CEO Joshua Resnik emphasized significant operational and strategic changes, stating, "Over the past year and including the recent market expansions and the additional streamlining that we announced today, we've made significant changes to strengthen our foundation and align our strategy with evolving customer needs and market opportunities." He guided to approximately $1 million of adjusted EBITDA in the first quarter and $14 million to $16 million for the full year 2026, with margins expected to exceed 20% in the final three quarters. Resnik announced a 19% reduction in cash operating expenses and a workforce transformation plan reducing headcount by approximately 25% year-over-year. He highlighted the use of generative and agentic AI, stating, "We now have 100% adoption of AI tooling across our engineering organization, which is translating directly into development cycles that are now approximately 3x faster than before." The CEO detailed new market opportunities: "FiscalNote is uniquely positioned to take advantage of the growing demand for political and policy intelligence through new markets that barely existed a year ago, specifically prediction markets and AI-driven consumption." CFO Jon Slabaugh reported, "Total revenue for Q4 2025 was $22.2 million, within our guidance range. Subscription revenue continues to be the foundation of our business and represented approximately 93% of total revenue for the full year." Slabaugh added, "Adjusted EBITDA for the fourth quarter was $2.5 million, exceeding our recent guidance of approximately $2 million and representing the tenth consecutive positive quarter for this important metric." Outlook Management forecasted GAAP revenue in a range of $80 million to $83 million and adjusted EBITDA in a range of $14 million to $16 million for 2026. For Q1 2026, GAAP revenue is expected between $20 million and $21 million with adjusted EBITDA of appr...
Key Points SLYV charges a higher expense ratio but has slightly outperformed VBR over the past year Both funds offer similar dividend yields and target small-cap value stocks, but SLYV holds fewer companies SLYV has experienced deeper drawdowns, while VBR has larger assets under management (AUM) and greater diversification 10 stocks we like better than SPDR Series Trust - State Street SPDR S&P 600...
Key Points SLYV charges a higher expense ratio but has slightly outperformed VBR over the past year Both funds offer similar dividend yields and target small-cap value stocks, but SLYV holds fewer companies SLYV has experienced deeper drawdowns, while VBR has larger assets under management (AUM) and greater diversification 10 stocks we like better than SPDR Series Trust - State Street SPDR S&P 600 Tm Small Cap Value ETF › Vanguard Small-Cap Value ETF (NYSEMKT:VBR) and State Street SPDR S&P 600 Small Cap Value ETF (NYSEMKT:SLYV) both focus on U.S. small-cap value stocks, but VBR offers lower costs and broader diversification, while SLYV has shown stronger recent returns and a more concentrated portfolio. Both VBR and SLYV aim to capture the performance of U.S. small-cap value stocks using passive, index-based approaches. This comparison examines how these two funds differ in costs, portfolio composition, risk, and recent performance, providing context for which may better fit different investor preferences. Snapshot (cost & size) Metric VBR SLYV Issuer Vanguard SPDR Expense ratio 0.05% 0.15% 1-yr return (as of 2026-03-11) 17.9% 19.4% Dividend yield 1.8% 1.87% Beta 1.10 1.22 AUM $64.18 billion $4.1 billion 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. VBR is more affordable with an expense ratio of 0.05%, compared to SLYV’s 0.15%. Both funds offer a matching dividend yield of 1.9%, making cost the main differentiator for long-term, fee-conscious investors. Performance & risk comparison Metric VBR SLYV Max drawdown (5 y) (24.20%) (28.68%) Growth of $1,000 over 5 years $1,279 $1,074 What's inside SLYV tracks the S&P SmallCap 600 Value Index, focusing on stocks with strong value metrics such as book value to price and earnings to price. With 460 holdings, its largest sector exposures are Financial Services (20%), Consumer Cyclical (17%), and I...
In this article TGNA NXST Follow your favorite stocks CREATE FREE ACCOUNT Signage is displayed outside Tegna Inc. headquarters in McLean, Virginia, on Friday, March, 13, 2020. Andrew Harrer | Bloomberg | Getty Images The Federal Communications Commission said on Thursday it has approved the sale of some local broadcast TV stations from Tegna to Nexstar . "By approving this transaction, which allow...
In this article TGNA NXST Follow your favorite stocks CREATE FREE ACCOUNT Signage is displayed outside Tegna Inc. headquarters in McLean, Virginia, on Friday, March, 13, 2020. Andrew Harrer | Bloomberg | Getty Images The Federal Communications Commission said on Thursday it has approved the sale of some local broadcast TV stations from Tegna to Nexstar . "By approving this transaction, which allows Nexstar to own less than 15% of television stations, the FCC acts mindful of the media marketplace that exits today — not the one from decades past," FCC chair Brendan Carr said in a statement. The approval comes a day after a group of eight states filed a suit in the U.S. District Court in Sacramento, California, to block the merger that would make the combined entity the largest U.S. broadcast station group. Streaming and satellite TV provider DirecTV also filed a separate suit, seeking to prevent the deal, late on Wednesday. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.