A recession mindset took hold among global investors after strikes on energy infrastructure in the Middle East heightened fears that disruption to production and distribution would keep oil prices elevated for longer, darkening the global economic outlook. Crude prices staged a comeback on Thursday after Iran attacked a liquefied petroleum gas site in Qatar in retaliation for Israel’s strikes on its South Pars gas field. Brent futures surged 5.5 per cent to US$113.53 a barrel in London, and contracts for West Texas Intermediate jumped 1 per cent to US$97.44. “The attack on Qatari gas fields has taken the Gulf crisis to a more dangerous level for the global economy,” said Gary Dugan, CEO of The Global CIO Office, which advises family offices and ultra-high-net-worth investors. “Disruption to both oil and gas supplies is pushing prices higher and raises the risk of genuine fuel shortages that could materially crimp global growth.” Advertisement The outlook triggered a broad risk-off mode among investors, as the narrative following the closure of the Strait of Hormuz quickly shifted from energy shortage to supply disruption. The US dollar index held up firmly at around 100, indicating investors were looking for safe havens, while stock markets saw sell-offs. After the S&P 500 sank 1.4 per cent overnight, the Hang Seng Index slid 2 per cent on Thursday, while the Shanghai Composite Index of yuan-denominated stocks closed 1.4 per cent lower after briefly dropping below the 4,000-point threshold. Advertisement Meanwhile, the yield on longer-dated US Treasuries edged higher, reflecting fears of resurgent inflation. Gold also retreated, with investors taking profits to cover margin calls linked to other asset classes.

tomwachs/iStock via Getty Images Introduction I love value investing. And last year, I was an aggressive buyer of cyclical value stocks, which perfectly fit my growth-broadening thesis. With that said, I have used the word “value” twice in a different context so far in this article. “Value” is a very complex concept, as the definition tends to vary per investor. For some, value investing means buying low P/E cigarette companies, car producers, and oil companies. That’s why it’s sometimes ridiculed. After all, why should someone buy an industrial company when they can buy a fancy semiconductor or software company? It’s just some silly example, yet one that tends to pop up over time, as it’s often a debate between low-growth value stocks versus high-growth stocks. That’s why I decided to do a number of things in this article, including giving you one of my favorite explanations of what value investing is about, why I think it’s superior going forward, and what I’m buying (real-life examples). So, as we have a lot to discuss, let’s keep this intro short and get right to it! Based On The Right Definition, I’m A Value Investor Most of you know that I’m not a typical dividend/value investor, as I own just 15 individual stocks with an average yield of a bit more than 1.0%. Four of my biggest five holdings, which account for roughly half of my portfolio, have a yield of less than 1%. Yet, I own no technology stocks and not a single company that one would classify as a “growth” stock. As I already briefly mentioned, for most investors, value stocks are companies trading at low valuations, often with poor sentiment. In other words, companies that are unloved. To some extent, that definition works. However, it wouldn’t do these companies much justice, as there’s way more to it. For starters, a P/E ratio in itself is just a tiny part of the story. For most, it’s simply the price divided by the earnings of the past four quarters/12 months. I often use a blended P/E ratio based o...

HOUSTON, March 19, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space technology, infrastructure, and services company, today announced its financial results for the fourth quarter and full-year ended December 31, 2025. Intuitive Machines CEO Steve Altemus said, “2025 was a transformational year for Intuitive Machines. We completed our second lunar mission, expanded into national security space programs, closed the acquisition of KinetX Aerospace, and announced the acquisition of Lanteris Space Systems. These acquisitions significantly expand our scale, addressable market, and growth opportunities.” Highlights Completed $800 million acquisition of Lanteris Space Systems in Q1 2026 to be a vertically integrated next-generation space prime contractor for commercial, civil and national security space initiatives Completed acquisition of KinetX to expand deep space navigation and constellation management capabilities, while accelerating delivery of secure data relay from the Moon to Mars Awarded to support SDA Proliferated Warfighter Space Architecture tranche 3 tracking layer, started production on tranche 2, and finishing customer delivery for tranche 1 Awarded a contract for the Missile Defense Agency SHIELD IDIQ with a ceiling of $151 billion; this contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility Launched EchoStar XXV in Q1 2026; completing final spacecraft checkouts and joins a fleet of over 100 spacecraft in orbit Secured $175 million strategic investment in Q1 2026 to advance satellite communications and in-space data processing capabilities Mr. Altemus continued, “Intuitive Machines intends to invest in expanding its Near Space Network Services and establish a solar system internet independent of Earth. Through investments in the Lanteris platforms, specifically the 1300 series, th...

Delivered record-high revenues, Adjusted EBITDA1, Adjusted EBITDA per share1 since inception Generated record high cash flow from operations since inception Provides 2026 revenues guidance of $490 million to $510 million and adjusted EBITDA1 of approximately 15% MONTREAL, March 19, 2026 (GLOBE NEWSWIRE) -- Knight Therapeutics Inc. (TSX: GUD) ("Knight" or “the Company”), a pan-American (ex-US) specialty pharmaceutical company, today reported financial results for its fourth quarter and year ended December 31, 2025. All currency amounts are in thousands except for share and per share amounts. All currencies are Canadian unless otherwise specified. 2025 Highlights Financial results Revenues were $450,088, an increase of $78,784 or 21% over the prior year. The increase was primarily driven by the incremental revenues from the Paladin and Sumitomo Transactions and the growth of our key promoted products, partly offset by declines in our mature and branded generic products, the termination of a non-strategic agreement in Colombia and the impact of hyperinflation 2 . . Gross margin was 44% of revenues compared to 47% in prior year. The decrease was due to the impact of hyperinflation 2 and the fair value adjustment on the inventory acquired in the Paladin transaction. and the fair value adjustment on the inventory acquired in the Paladin transaction. Operating loss was $2,350 compared to an operating income of $7,397 in prior year. Net loss was $5,374, compared to a net income of $4,332 in prior year. Loss per share was $0.05, compared to an earnings per share of $0.04 in prior year. Cash inflow from operations was $68,957, an increase of $32,677 or 90% over prior year. Non-GAAP measures Adjusted Revenues 1 were $452,351, an increase of $86,939 or 24% or an increase of $87,855 or 24% on a constant currency 1 basis, primarily driven by the incremental revenues from the Paladin and Sumitomo Transactions and the growth of our key promoted products, partly offset by declines i...

Niveau record des produits des activités ordinaires, du BAIIA ajusté1 et du BAIIA ajusté par action1 depuis la création Niveau record des flux de trésorerie liés aux activités d’exploitation depuis la création Produits des activités ordinaires prévus de 490 millions de dollars à 510 millions de dollars et BAIIA ajusté1 prévu d’environ 15 % pour 2026 MONTRÉAL, 19 mars 2026 (GLOBE NEWSWIRE) -- Thérapeutique Knight inc. (TSX : GUD) (« Knight » ou la « Société »), une société pharmaceutique spécialisée panaméricaine (hors États-Unis), a annoncé aujourd’hui ses résultats financiers pour le quatrième trimestre et l’exercice clos le 31 décembre 2025. Tous les montants sont exprimés en milliers de dollars canadiens (sauf indication contraire), à l’exception du nombre d’actions et des montants par action. Faits saillants de 2025 Résultats financiers Produits des activités ordinaires de 450 088 $, une augmentation de 78 784 $, ou 21 %, comparativement à ceux de l’exercice précédent. L’augmentation s’explique principalement par les produits des activités ordinaires différentiels tirés des transactions avec Paladin et Sumitomo et par la croissance de nos principaux produits promus, contrebalancées en partie par la diminution de nos produits à maturité et de nos produits génériques de marque, la résiliation d’une entente non stratégique en Colombie et l’incidence de l’hyperinflation 2 . . Marge brute de 44 % des produits des activités ordinaires, en comparaison à une marge brute de 47 % pour l’exercice précédent. La diminution s’explique par l’incidence de l’hyperinflation 2 et l’ajustement de la juste valeur des stocks acquis lors de la transaction avec Paladin. et l’ajustement de la juste valeur des stocks acquis lors de la transaction avec Paladin. Perte d’exploitation de 2 350 $, en comparaison d’un résultat d’exploitation de 7 397 $ pour l’exercice précédent. Perte nette de 5 374 $, par rapport à un profit net de 4 332 $ pour l’exercice précédent. Perte par action de 0,05 $...

JENA, Germany, March 19, 2026 (GLOBE NEWSWIRE) -- InflaRx N.V. (Nasdaq: IFRX), a biopharmaceutical company pioneering anti-inflammatory therapeutics by targeting the complement system, today announced its financial results for the three and twelve months ended December 31, 2025, and provided a business update.

Completed a strategic growth investment in the fourth quarter into Ability Insurance Company, significantly improving capital ratios and enabling expansion of its business

4 Monster Stocks to Hold for the Next 5 Years The Motley Fool

(RTTNews) - 3M Co. (MMM), a provider of diversified technology services, on Thursday said it agreed to acquire Madison Fire & Rescue in partnership with Bain Capital Specialty Finance, Inc. (BCSF), for $1.95 billion and form a new joint venture focused on fire safety and rescue solutions. The transaction is expected to close in the second half of 2026. Under the agreement, 3M will contribute its Scott Safety business to the venture, receive $700 million in cash proceeds at closing and hold a 50.1% stake, while Bain Capital will own 49.9%. The new entity will combine Scott Safety's self-contained breathing apparatus solutions with Madison Fire & Rescue's portfolio of rescue technology and fire suppression products. Madison Fire & Rescue offers products under brands including Holmatro, Amkus, Task Force Tips, Fire Fighting Systems and Waterax. On Wednesday, Bain Capital closed trading 0.32% lesser at $12.27 on the New York Stock Exchange. In the pre-market trading, 3M Co. is 0.19% lesser at $144.81 on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Sunbelt Securities Inc. decreased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 336,115 shares of the computer hardware maker's stock after selling 14,721 shares during the period. NVIDIA comprises 4.3% of Sunbelt Securities Inc.'s portfolio, making the stock its 2nd largest holding. Sunbelt Securities Inc.'s holdings in NVIDIA were worth $62,712,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also made changes to their positions in the company. Center for Financial Planning Inc. grew its holdings in NVIDIA by 4.6% during the 2nd quarter. Center for Financial Planning Inc. now owns 8,429 shares of the computer hardware maker's stock valued at $1,332,000 after buying an additional 367 shares during the last quarter. Atria Investments Inc increased its position in NVIDIA by 3.2% during the second quarter. Atria Investments Inc now owns 942,208 shares of the computer hardware maker's stock worth $148,859,000 after buying an additional 29,479 shares in the last quarter. Svenska Handelsbanken AB publ acquired a new position in shares of NVIDIA in the third quarter worth $37,316,000. Oak Ridge Investments LLC lifted its position in shares of NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker's stock valued at $181,143,000 after acquiring an additional 20,559 shares in the last quarter. Finally, Whalen Wealth Management Inc. lifted its position in shares of NVIDIA by 20.3% in the third quarter. Whalen Wealth Management Inc. now owns 36,490 shares of the computer hardware maker's stock valued at $6,808,000 after acquiring an additional 6,162 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds. Get NVIDIA alerts: Sign ...

GAMMA Investing LLC grew its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 14.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,182 shares of the electric vehicle producer's stock after buying an additional 7,403 shares during the period. Tesla accounts for about 1.4% of GAMMA Investing LLC's portfolio, making the stock its 10th biggest holding. GAMMA Investing LLC's holdings in Tesla were worth $27,065,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Chapman Financial Group LLC bought a new stake in Tesla in the 2nd quarter valued at $26,000. Manning & Napier Advisors LLC bought a new position in Tesla during the third quarter worth $29,000. CoreFirst Bank & Trust acquired a new position in shares of Tesla in the second quarter valued at $30,000. Turning Point Benefit Group Inc. bought a new position in shares of Tesla in the third quarter valued at about $30,000. Finally, Texas Capital Bancshares Inc TX bought a new position in shares of Tesla in the third quarter valued at about $31,000. 66.20% of the stock is currently owned by institutional investors. Get Tesla alerts: Sign Up Key Tesla News Here are the key news stories impacting Tesla this week: Analysts Set New Price Targets Several analysts recently commented on TSLA shares. JPMorgan Chase & Co. reduced their target price on shares of Tesla from $150.00 to $145.00 and set an "underweight" rating for the company in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Tesla from $500.00 to $480.00 and set a "buy" rating for the company in a research report on Friday, January 30th. Wedbush restated an "outperform" rating and set a $600.00 price objective on shares of Tesla in a report on Thursday, January 29th. Royal Bank Of Canada reaffir...

浙江：做优做强浙江大宗商品交易中心 积极推进舟山港综保区扩区 2026-03-19 19:28:35 来源： 同花顺7x24快讯 分享 19日上午，浙江省委副书记、省长刘捷主持召开会议，专题研究大宗商品资源配置枢纽建设和外经贸高质量发展工作。会议指出，要提高政治站位，从大局利益出发加快项目建设进度，加力完善大宗商品储备基础设施体系，提升油气、矿石、粮食等战略储备和保供能力，筑牢产业链供应链安全屏障。要强化改革创新，持续推动大宗商品“储加贸”一体化深度融合，进一步推进大宗商品投资贸易自由化便利化。要着力优化生态，做优做强浙江大宗商品交易中心，扩大保税船用燃料加注规模，积极推进舟山港综保区扩区，持续提升贸易、海事、金融等服务能力，更好支撑地方经济高质量发展。(浙江发布)

格隆汇3月19日｜据央行官网，2026年3月19日下午，中国人民银行行长潘功胜会见了来访的香港特别行政区政府财政司司长陈茂波、财经事务及库务局局长许正宇，香港金融管理局总裁余伟文，香港证券及期货事务监察委员会主席黄天祐、行政总裁梁凤仪。双方就当前宏观经济形势，深化内地与香港金融市场互联互通，加强香港离岸人民币市场建设，巩固提升香港国际金融中心地位，不断推动金融领域高水平对外开放等共同关心的议题交换了意见。中国人民银行副行长宣昌能、陆磊、邹澜参加会见。

We Are/DigitalVision via Getty Images Capital Southwest ( CSWC ) is a BDC, or business development company, with a high yield, but unlike a lot of high yielders, it is not a distressed lender using its high yield as bait. Nothing is further from the truth - CSWC is a well-respected premium income BDC with strong operating performance and a very long history of satisfied shareholders. CSWC currently pays a base dividend of $0.58 per quarter, plus another $0.06 per share of specials, so its total quarterly payout comes to $0.64. Its current forward yield is 11.98%, TTM yield is ~13.2%, with consensus annual dividends between $2.40 and $2.56 per share. This makes it clearly a high-yielding BDC, but it does not come with the typical side dishes of distressed balance sheets or credit deterioration. The track record speaks for itself. CSWC has been paying dividends for 40 consecutive years. This isn’t the kind of consistency regularly seen in the BDC space, where dividend cuts are not uncommon during credit cycles. Plus, CSWC also offers periodic special dividends, which come from realized gains and excess taxable income. To be precise, its dividend is fully covered by NII. Payout ratio varies between 120% and 160%. The additional support comes from realized equity gains and accumulated undistributed taxable income (UTI). This happens because CSWC is a hybrid income model, with occasional realized gains supporting the payout level. The dividend is not fully self-funded, but given its long history, it isn’t unsafe either. So, for the dividend to remain safe, two things must keep happening: a) attractive lending spreads in the lower middle market where they operate, and b) the ability to sell equity in their private company holdings at a decent profit, either through complete/partial exits, or through recapitalization. Lower Middle Market Focus—Where the Edge Comes From CSWC lends in the lower middle market, where traditional lenders do not actively serve. Its target custom...

Philippe Aghion, who jointly won the 2025 Nobel Prize for economics, says Europe must do more to foster innovation and stop leaning on other parts of the world for technological advancement. The continent has been a "Sleeping Beauty" over the past 30 or 40 years, the French economist told Bloomberg Television. (Source: Bloomberg)

格隆汇3月19日｜江波龙(301308.SZ)公告称，董事李志雄计划在2026年4月13日至2026年7月12日期间以集中竞价或大宗交易方式减持不超过240万股(占总股本0.5726%)，副总经理高喜春同期拟减持不超过2.3万股(占总股本0.0055%)。

格隆汇3月19日｜近日，IBM在GTC 2026大会上宣布，将扩大与英伟达的合作。双方合作致力于在多个领域取得进展：GPU原生数据分析、非结构化数据提取、本地及云基础设施、雀巢全球供应链决策效率提升，以及大规模企业人工智能部署咨询服务。

西大门（605155）公告，2025年营业收入8.82亿元，同比增长7.98%。净利润1.12亿元，同比下降8.66%。公司2025年度拟以实施权益分派股权登记日登记的总股本为基数分配利润(回购专用证券账户股份不参与分配)，向全体股东每10股派发现金股利人民币2元(含税)，合计拟派发现金红利3825.96万元(含税)。

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Greggory DiSalvo/iStock via Getty Images Good morning! Here's the latest in trending: Oil & gas: Trump warns about attacks on energy infrastructure, while a growing divergence is seen for crude benchmarks. Fed latest: Policy on hold + Middle East war impacts + economic picture + Powell's plans to stay in the role . On the blockchain? The SEC has approved a Nasdaq ( NDAQ ) proposal to permit stocks to be traded and settled in tokenized form . Sovereign stress Another grim fiscal milestone is making waves as the gross federal debt of the United States topped $39,000,000,000,000. This red ink arrives a mere five months after the debt breached $38T, and just seven months after it crossed the $37T mark. The amount of borrowing is absolutely staggering, with policymakers stumbling in the dark for a fiscal solution that remains nowhere in sight. Problems: Interest rate payments have become the third-largest monthly outlay for the federal government, while legislation like the "One Big Beautiful Bill" exacerbated the problem and defense expenditures are not easily contained. Bigger yet, no one wants to touch popular entitlements like Medicare, Medicaid and Social Security. Some say those programs even go way beyond what was originally envisioned, especially since the fastest-growing age group in the U.S. is people 65 and older, which will only become a larger voting base in the years to come. "Nearly three-quarters of U.S. federal spending goes on autopilot, without congressional review," Russ Greene, Managing Director of the Prime Mover Institute, wrote in a controversial piece called Total Boomer Luxury Communism . "Commentators often lament how divided Americans supposedly are. But is this true? What percentage of the federal budget do the two parties actually fight over? Only around 15%, it seems. In other words, Democrats and Republicans agree...

Remember Tesla’s electric vehicle business? It’s what makes Tesla money to invest in all of its artificial intelligence ambitions. With the first quarter coming to a close, Wall Street is updating EV sales numbers.

hapabapa Klarna Group ( KLAR ), the buy now, pay later lender that went public in September, lost several high-level executives recently, including its head of investor relations and M&A and its global head of litigation. The company's head of investor relations and M&A, Andrea Ferraz Estrada, left in March after six years with Klarna ( KLAR ), and D. Andrew Pietro, global head of litigation, left the company after a three-year tenure, their LinkedIn profiles said. Ferraz joined Delivery Hero as vice president of investor relations and corporate communications, while Pietro became head of litigation at Greystar. Last month, Yuri Gusev, engineering director, left after eight years at the company. Joao Tonon, head of AI and automation, departed in January, his LinkedIn post said. The departures come amid a sharp decline in the company's stock. It has dropped 67% from its $40 IPO price since it started trading on Sept. 9, 2025. On March 13, the stock gained 8.8% after Klarna ( KLAR ) chairman Michael Moritz bought 3.47M shares for ~$50M worth. IPO stocks have hit a rough patch amid volatile equity markets buffeted by economic uncertainty over tariffs and the recent Iran war. The Renaissance IPO ETF ( IPO ) has slid 18% in the past six months. More on Klarna Klarna: A High-Risk Growth Play In The Fintech Sector Klarna: Paying Attention Here Klarna: Buy The Dip In Oversold Territory As Fair Financing Takes Off Klarna grows merchant network to over 1M

hapabapa/iStock Editorial via Getty Images Dollar Tree ( DLTR ) is adjusting its pricing strategy, and this could help the store boost its margins. It’s stocking more merchandise at higher price points. But this store isn’t just raising its prices, it’s also selling products in larger quantities. So, this pricing update addresses one of Dollar Tree’s main weaknesses. It’s trying to attract wealthier shoppers who can buy products in bulk from other discount retailers. Now, those shoppers can do that at Dollar Tree as well. Dollar Tree sold Family Dollar earlier in 2025, so it released adjusted results for Q4 2025 . In the fourth quarter, the company’s adjusted revenue rose 9.0% to $5.45 billion and its Dollar Tree stores reported 5% same-store sales growth. Traffic was up 1%, so Dollar Tree’s revenue primarily rose because it sold more higher-priced merchandise. As a result, the company’s margins improved as well. Dollar Tree’s gross margin rose from 37.6% to 39.2% and its operating margin rose 200 basis points to 12.7% for the quarter. So, I’d say that Dollar Tree looks like a growth stock now. Its revenue and margins will continue to rise if it can continue to sell more merchandise for higher prices. But it’s also important to consider how the company will carry out this plan. Shoppers primarily go to this store because of its fixed-price deals, so it’s not as easy for Dollar Tree to raise prices as it is for other stores. It looks like Dollar Tree has found a new pricing strategy that works, though. Selling a Few Products For Higher Prices Could Make a Big Difference The vast majority of this store’s merchandise is still priced at $1.25. Dollar Tree’s revenue growth in the fourth quarter mostly came from changes in mix, not store-wide price increases. CEO Michael Creedon said, “The 5% comp in the quarter was ticket driven, with average unit retail increasing to approximately $1.51 versus $1.34 last year. Mix was a key driver in the quarter. Discretionary categorie...

Sunbelt Securities Inc. boosted its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 5.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 124,816 shares of the iPhone maker's stock after purchasing an additional 6,515 shares during the period. Apple comprises 2.2% of Sunbelt Securities Inc.'s holdings, making the stock its 4th largest position. Sunbelt Securities Inc.'s holdings in Apple were worth $31,782,000 as of its most recent SEC filing. A number of other institutional investors have also recently bought and sold shares of the business. First National Bank of Hutchinson lifted its stake in Apple by 24.6% in the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker's stock valued at $8,845,000 after purchasing an additional 6,982 shares during the last quarter. Eagle Capital Management LLC increased its position in Apple by 0.5% in the fourth quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker's stock worth $13,544,000 after buying an additional 272 shares during the last quarter. Brighton Jones LLC raised its stake in shares of Apple by 14.8% in the fourth quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker's stock valued at $134,554,000 after buying an additional 69,207 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Apple by 4.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker's stock valued at $16,742,000 after buying an additional 2,695 shares during the period. Finally, Highview Capital Management LLC DE lifted its position in shares of Apple by 2.4% during the 4th quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker's stock valued at $12,587,000 after buying an additional 1,155 shares during the last quarter. Institutional investors own 67.73% of the company's...

格隆汇3月19日｜COMEX期铜跌超3%，报5.419美元/磅。

herstockart/iStock Unreleased via Getty Images According to a report by the International Federation of the Phonographic Industry, the Swiss not-for-profit group that represents the global recording industry, revenue from recorded music worldwide rose 6.4% to $31.7B in 2025, as more people subscribed to paid music services. The report noted that revenue from paid streaming platforms grew by 8.8% and made up more than half of global revenue. When looking at revenue growth by region, Asia, MENA, Sub-Saharan Africa, and Latin America posted double-digit percentage gains, with LATAM growing the fastest at 17.1% from last year. Music revenue from the U.S. and Canada, the world’s largest recorded music region, rose 3.5%. The region accounted for a 38.7% share of global revenue. Europe retained its spot as the second-largest region and grew revenue by 5.6%; Australasia was up 1.5%. The IFPI report indicated that music revenue from physical formats saw an 8% growth, which includes a near 14% rise in vinyl purchases. Performance rights revenue grew for a fifth consecutive year, albeit marginally, to $2.9B. The report highlighted that with the ongoing advancement in artificial intelligence, record companies are poised to take advantage of the innovation. "Music is embracing the future, demonstrated by record company partnerships with generative AI developers who respect the rights of creators," IFPI chief executive Victoria Oakley said. "They are partners that explore how technology can be harnessed to support and enhance creativity, not replace it." IFPI also flagged concerns about the music industry being exposed to the risk of streaming fraud, which could erode away revenue from artists . "Streaming fraud is theft, plain and simple," Oakley said. "The organizations with the data, scale, and leverage to prevent this fraudulent activity, including streaming services, content aggregators, and distributors, must take decisive action." More on Spotify, Alphabet, etc. Apple Stoc...

京东要重整家装生意，就必须直面一个残酷现实——家装不是流量生意，而是交付生意，不仅要在“寒冬”里烧钱换口碑，还要面对漫长的亏损容忍期，对于已被外卖和新零售业务大幅蚕食利润的京东来说，这将是一场长期的消耗战。 最近，京东又盯上了一门新生意。 近日，京东正式推出AI智慧家装品牌——京东家装，通过自营模式切入家装市场，以供应链和AI能力推动行业标准化，解决行业价格不透明、施工非标、售后缺位等痛点。 目前，京东家装已上线京东APP，并将入驻京东MALL，京东相关负责人表示，目标是在未来3年实现GMV破300亿。这并非京东首次涉足家装领域，但绝对是火力最猛的一次。 在此之前，百度、阿里、字节等互联网大厂，也曾尝试布局家装行业，但都未能啃下这块“硬骨头”，最终均以撤退或关停告终。 而就京东自身而言，如今的处境也难言理想，根据京东集团2025年第四季度及全年业绩显示，京东第四季度归母净亏损27亿元，同比由盈转亏；Non-GAAP净利润11亿元，同比暴跌90.3%。 对于互联网大厂来说，家装这条赛道堪称“滑铁卢”，但尚未摆脱外卖大战影响的京东，却顶着亏钱的压力越战越勇，到底是“执念太深”还是“另有底牌”？ 大厂的“家装阵痛” 太阳底下无新事，从2010年开始，阿里、百度、字节等大厂已率先将目光投向了家装行业。 2010年，淘宝商城宣布上线垂直平台家装馆；2021年，阿里推出了家居家装APP“躺平家”（后改名为“每平每屋”），提供全套家居搭配购买以及家装公司、预约上门等服务。 百度则在2010年投资了齐家网，并在2020年推出了家装线上对接平台“装馨家”，旨在解决家装行业信息不对称问题。 字节作为后来者，在2018年推出了家装家居服务平台“住小帮”，提供装修家居资讯；2022年，由“住小帮”所孵化的自营家装品牌“住好家”被单独拆分出来，成为了字节旗下独立的装修业务平台，提供从设计到施工交付的一站式服务。 大厂这一系列的布局，催生出大众广泛认知的“互联网家装”概念——利用互联网技术与工具，解决传统家装行业信息不对称的痛点，对整个线下产业链进行数字化重构。 大众对O2O模式并不陌生，毕竟，O2O已经重塑了餐饮、出行、酒旅等诸多行业。但在家装行业，互联网大厂们却结结实实地碰了钉子。 2022年，阿里“每平每屋”最高级别负责人汤兴离职，旗下的直营店homearch正式关闭，此后“每平每屋”一...

格隆汇3月19日｜云中马公告，2025年实现营业收入26.75亿元，比上年同期增长2.16%；净利润1.05亿元，同比增长4.21%。公司拟向全体股东每10股派发现金红利2.3元（含税），预计分派现金红利不超过3162.83万元（含税）。

江波龙（301308）公告，公司董事李志雄持股1890.85万股，占4.5112%，拟于2026年4月13日至2026年7月12日期间通过集中竞价或大宗交易方式减持不超过240万股，占0.5726%；公司副总经理高喜春持股91944股，占0.0219%，同期拟以集中竞价或大宗交易方式减持不超过22986股，占0.0055%。

法国总统马克龙在欧盟领导人峰会于布鲁塞尔举行前向记者表示，他周三与美国总统特朗普谈到了中东局势。 马克龙指出，特朗普呼吁停止袭击能源设施。 马克龙支持暂停袭击民用基础设施和平民的想法，并支持迅速缓和局势。 注：伊朗和以色列轮番打击关键能源设施，特朗普出言警告寻求为局势降温。 责任编辑：何云

Crypto exchange Crypto.com said it is axing around 12% of its workforce, citing a need to adapt its business to rising artificial intelligence capabilities. The Singapore-headquartered exchange is integrating AI across its entire business which has resulted in the cuts, Crypto.com said in a statement on Thursday. That equates to roughly 180 employees, according to a report by the Straits Times, which earlier reported the layoffs. A Crypto.com spokesperson declined to comment further. “Companies that do not make this pivot immediately will fail,” Chief Executive Officer Kris Marszalek wrote in a post on X on Thursday. “Companies that move immediately and pair the best AI tools with top-performers will achieve a level of scale and precision that was previously impossible. This is where we must go.” The lay-offs are the latest casualty of cost-cutting across the digital finance industry. Crypto exchange Gemini Space Station Inc. slashed about 25% of its workforce earlier this year, closing down its operations in the UK, Europe and Australia. Jack Dorsey ’s Block Inc . said last month that it was cutting nearly half of its workforce, in a move the company described as a bet on AI changing the future of labor productivity.