《信報》印刷版出報日為星期一至六。 除以下公眾假期外，其餘日子照常出刊： 休刊日：逢周日及2021年2月12至15日、 4月3至5日、12月27日 《信報》網上版及流動版於休刊日將如常更新每日即時新聞， 敬請留意。

Costco (COST +0.53%) has been a monster market winner. The shares' trailing 10-year total return of 691% (as of March 5) trounces that of the S&P 500 index. After learning about this kind of remarkable performance, it's understandable if investors want to hop on the bandwagon for the sake of their portfolios. Take a minute to pause, however. Here are three things to know about this retail stock before you buy. 1. Costco is not a typical retail operation Costco's business model rests on its ability to sell merchandise in a wide range of categories, including groceries, electronics, apparel, and furniture, at very low prices. On the surface, this doesn't really stand out. After all, the world of retail is incredibly cutthroat. And businesses must separate from the pack if they want to win customers over. Investors might be surprised to learn that Costco's main objective isn't to make as much money as possible from its merchandise. In fact, the typical markup on its goods is 11%. That's much lower than the markup at other big-box retailers. Instead, the goal is to push more volume. "We will never succumb to not being the best price and driving prices down for our members," CEO Ron Vachris said on the Q1 2026 earnings call. "That's what Costco is known for. That will always be our leading mantra." Those low prices and that low gross margin are a feature. And they are intentional. They support the true profit generator, which are the memberships. Costco believes so much in the value proposition it offers that it layers a membership model on top. Households must pay $65 annually for the basic membership (or $130 for the executive option that comes with added perks) to be able to shop in the warehouses. This strategy supports loyalty and frequent visits. And it brings in a high-margin and recurring revenue stream that totaled $1.4 billion in Q2 2026 (ended Feb. 15). 2. Scale is the most important attribute During the latest fiscal quarter, Costco collected net sales of $68...

Key Points Costco's objective isn’t to maximize margins, but to sell as much volume as possible. The company’s massive scale, with $68 billion in net sales in Q2 2026, supports its durability. Shares rarely trade at a discounted valuation, which indicates the market’s appreciation of Costco as a safe opportunity. 10 stocks we like better than Costco Wholesale › Costco (NASDAQ: COST) has been a monster market winner. The shares' trailing 10-year total return of 691% (as of March 5) trounces that of the S&P 500 index. After learning about this kind of remarkable performance, it's understandable if investors want to hop on the bandwagon for the sake of their portfolios. Take a minute to pause, however. Here are three things to know about this retail stock before you buy. 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 » 1. Costco is not a typical retail operation Costco's business model rests on its ability to sell merchandise in a wide range of categories, including groceries, electronics, apparel, and furniture, at very low prices. On the surface, this doesn't really stand out. After all, the world of retail is incredibly cutthroat. And businesses must separate from the pack if they want to win customers over. Investors might be surprised to learn that Costco's main objective isn't to make as much money as possible from its merchandise. In fact, the typical markup on its goods is 11%. That's much lower than the markup at other big-box retailers. Instead, the goal is to push more volume. "We will never succumb to not being the best price and driving prices down for our members," CEO Ron Vachris said on the Q1 2026 earnings call. "That's what Costco is known for. That will always be our leading mantra." Those low prices and that low gross margin are a feature. And they are intentional. They support the...

Name: Hasslers. Age: More like ageing. Appearance: Regrettable. That’s not very nice! None of us are getting any younger. You misunderstand me. I’m talking about people whose mere presence seems to have an ageing effect. You mean children? Not in this instance (though generally, yes). Researchers have been studying the effects on health of interacting with hasslers – those “who create problems or make life more difficult”. Ah. I’m familiar. Aren’t we all. As the study, which was was published in Proceedings of the National Academy of Sciences, put it, such “negative ties are not rare”, and they “have long been understood as a persistent element of human social life”. So just how prevalent are these hasslers? Nearly 30% of individuals surveyed reported having at least one in their social network, mostly in a peripheral position. If they’re only peripheral, why do we put up with them? They might be family, for a start. Often, there’s a level of obligation: hasslers are more likely to be colleagues or flatmates than friends, for example. What if we’re being hassled on all fronts, personally and professionally? Good luck to you. According to the researchers, the more hasslers you have in your network, the faster you’ll age. Are we talking hours, days, years, decades? They say your pace of ageing increases by 1.5% for every hassler in your life. That doesn’t sound too bad. Put another way, “each additional hassler corresponds to roughly nine months older biological age”. Nine months! “Roughly,” they said. Still, that seems like an oddly specific impact to pin on an individual, difficult as he or she may be. I don’t disagree. Speaking to the Washington Post, the researchers emphasised that their study doesn’t show causation, but rather an association between relationships with hasslers and the rate of ageing. Look at it this way: positive relationships protect us against age-related decline, so it tracks that negative ones would speed it up. How does a person age us, anyw...

格隆汇3月10日｜美国总统特朗普当地时间9日在社交媒体发文说，他将于美国东部时间当天17时30分（北京时间10日5时30分）左右在佛罗里达州迈阿密的特朗普多拉尔高尔夫俱乐部举行新闻发布会。据悉，这将是美国和以色列2月28日对伊朗发起大规模军事行动以来，特朗普首次举行新闻发布会。他此前曾发表过视频讲话。

In Brief OpenAI announced Monday it has acquired Promptfoo, an AI security startup founded in 2024 to protect LLMs from online adversaries. The frontier lab said in a blog post that once the deal closes, Promptfoo’s technology will be integrated into OpenAI Frontier, its enterprise platform for AI agents. The development of independent AI agents that perform digital tasks has generated excitement about productivity gains. But it’s also given bad actors fresh opportunities to access sensitive data or manipulate automated systems. This deal underscores how frontier labs are scrambling to prove their technology can be used safely in critical business operations. Promptfoo was founded by Ian Webster and Michael D’Angelo to develop tools that companies can use to test security vulnerabilities in LLMs, including an open-source interface and library. The company reports that its products are used by more than 25% of Fortune 500 companies. Promptfoo has raised just $23 million since its founding, and was valued at $86 million after its most recent round in July 2025, according to Pitchbook. OpenAI did not disclose the value of the transaction. OpenAI’s post said Promptfoo’s technology will allow its agent platform to perform automated red-teaming, evaluate agentic workflows for security concerns, and monitor activities for risks and compliance needs. The company also said it expects to continue building out Promptfoo’s open-source offering.

Douglas Rissing/iStock via Getty Images WTI and Brent crude oil neared $120 per barrel on Sunday night and into Monday morning, as Week 2 of the U.S.-Iran conflict pressed on. The global energy shock makes waves across the macroeconomic environment. One impact is a notable rise in US recession expectations. That chance is now seen near 35%, according to prediction markets, along with famed strategist Ed Yardeni’s refreshed outlook. Not surprisingly, U.S. mid-caps have been hit harder than large caps, while international equities have badly underperformed the S&P 500 so far this month. Today, I’m revisiting the Vanguard Mid-Cap ETF ( VO ). I had a "Buy" rating on the fund back in August 2025 —a much calmer time. Shares are up 5% since then, slightly beating the S&P 500. Of course, there was a strong alpha earlier this year, followed by VO sharply lagging the SPX just this month. I am downgrading VO to a "Hold" given weaker momentum and downside risk to the currently rising EPS forecast. But I'm not really bearish—I own VO and may add if it dips into the $270s. U.S. Recession Chance Rises to Near 35% Kalshi Mid-Caps' EPS Estimates Rising Yardeni US Mid-Caps Near 16x Earnings Goldman Sachs According to the issuer , VO seeks to track the performance of the CRSP US Mid Cap Index, which measures the investment return of mid-capitalization stocks. The ETF provides a convenient way to match the performance of a diversified group of mid-sized companies, and it follows a passively managed, full-replication approach. VO is a large ETF, now with $97 billion in assets under management as of March 6, 2026. Its annual expense ratio is very low at just 3 basis points, while the trailing 12-month dividend yield is slightly above that of the S&P 500 at 1.49%. Share-price momentum is rated well by Seeking Alpha’s quantitative scoring system, currently with a B ETF Grade. That could turn lower if we see more weakness in VO price action. From a risk perspective , VO sports a very low 9%...

An image of a Tesla humanoid robot in front of the company logo Around the World Photos via Shutterstock Elon Musk’s Tesla (TSLA) has come a long way, but that progress has also created a new dilemma for investors. The company can now either be viewed as an electric vehicle (EV) giant that is currently facing some challenges, or as an artificial intelligence (AI)-driven technology company increasingly focused on robotaxis, autonomy, and robotics. Adding to that debate, Musk has once again made a bold claim about Tesla’s future. Recently, the CEO said his company could be among the first to develop artificial general intelligence (AGI) and “probably the first to make it in humanoid/atom-shaping form,” underscoring his strong belief in Tesla’s long-term AI ambitions. The claim is particularly striking because AGI is widely seen as one of the ultimate goals of AI. It refers to a hypothetical form of AI capable of understanding, learning, and performing virtually any intellectual task that a human can, potentially matching or even surpassing human intelligence. Such an advanced humanoid system would likely be a generation or two ahead of what Tesla is currently expected to introduce with Optimus Gen 3, a humanoid robot designed to handle industrial and household tasks using Tesla’s full self-driving–style AI stack. With Musk doubling down on Tesla’s ambitions in AI and robotics, investors are increasingly weighing the company’s current EV challenges against its potentially transformative AI future. Given this backdrop, is now the right time to buy TSLA stock? About Tesla Stock Founded in 2003, Austin-based Tesla has evolved from a small EV startup into one of the most closely followed companies in global markets. The firm built its reputation by challenging the traditional auto industry with its lineup of EVs, battery innovations, and clean-energy solutions. Yet Tesla’s narrative today extends far beyond electric cars. The company has been channeling significant resourc...

As Elon Musk Aims for AGI, Should You Buy Tesla Stock Now? Yahoo Finance

格隆汇3月10日｜印度石油部：优先保障家庭液化石油气供应；引入25天预订期以避免囤积/黑市交易。

Getty Images By Mike Larson At the 2026 MoneyShow Las Vegas, I sat down with Ophelia Snyder, co-founder of 21Shares, and Andrew McCormick, head of eToro US, to break down what’s really happening in crypto — and where the industry is headed next. Transcript Mike Larson: Hi there. I'm Mike Larson, Editor in Chief with MoneyShow, and I'm coming to you from the MoneyShow Las Vegas. Today, I'm speaking with Ophelia Snyder, co-Founder of 21Shares; and Andrew McCormick, Head of eToro U.S. Thank you so much for taking some time out to chat. Andrew McCormick: My pleasure. Ophelia Snyder: Thanks for having us. Mike Larson: Yeah. It's been great. I mean, it was wall-to-wall in here. People were really engaged with the information that you had to share and so where we are in this crypto universe, I guess, for lack of a better word. So, Andrew, why don't we start with you? Talk a little bit about some of the developments you're seeing, some of the volatility we've seen recently, and what thoughts you share with the audience here? Andrew McCormick: Yeah. It's an incredible time. It's an exciting time. There's never any boredom in the world of crypto. This year and last year is all about institutions plowing into the space. And as I shared during a panel earlier, I've been in this space for about nine years, and I was actually on Wall Street talking about crypto, and people thought I was crazy. What are you talking about? We can't touch this space. Is it legal? What does it mean? And now these same firms are investing in the space billions and billions. They're on Capitol Hill trying to develop a framework, and it's exciting. And we've seen about 50% or so decrease in price in Bitcoin ( BTC-USD ) in the past few months, right? But I've lived through quite a few of those drops and if you zoom out and you think, okay, our drop now is to 67,000. A few years ago, the drop was 13. A few years ago, the drop was 3,000. And so, markets go up, markets go down, but trajectory of the space, ...

格隆汇3月10日｜印度石油部：已向炼油厂下令提高液化石油气产量，并将额外产量用于国内液化石油气用途。

Chicago is set to test the municipal bond market as war in the Middle East upends global markets . The third-largest US city is scheduled to sell $800 million in general obligation debt Tuesday, on the heels of a downgrade from Fitch Ratings. That includes $508 million taxable and $292 million tax-exempt, according to bond documents dated Feb. 27. Since then, the Iran war has pushed oil prices to new highs, and rattled stocks and bond prices, even extending to state and local government debt. Yields for benchmark 10-year municipal debt rose Monday for a sixth-straight session in lock step with US Treasuries as higher energy costs stoke inflation concerns, according to data compiled by Bloomberg. While muni bonds are typically seen as a safe haven for investors, debt sold by borrowers with ratings below benchmark securities carry greater risks. Chicago’s 10-year bond yields have widened more than the broader market as the city’s financial stress mounts. The average yield on long-dated Chicago bonds this month has jumped 23.6 basis points to above 4%, compared with the benchmark rising about 18 basis points to 2.65%, data show. “The market is definitely getting a little tougher for deals with all the rate volatility,” said Ryan Ciavarelli , senior vice president for credit research at Belle Haven Investments . “We will be watching the deals closely this week to see how they are placed in the market and if there are any concessions needed to secondary trading levels.” Read More: Muni Bonds See Biggest Decline Since Tariff Fueled-Selloff Last week, at least one bond sale for a school district in California was delayed. Meanwhile, some corporate borrowers are choosing to stand down until markets offer better pricing. “With the Treasury market not performing great, it makes pricing uncertain and harder to set for the underwriters,” said Dan Solender , head of municipal investments at Lord Abbett & Co . “Fund flows are holding up so far, but investors have to watch the ton...

Intel says its new Core 200 & Ultra 300 processors destroy AMD and Qualcomm CPUs Neowin

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baona Sturm, Ruger & Co. ( RGR ) and Beretta Holding are locked in a high‑stakes proxy fight ahead of the Sturm, Ruger ( RGR ) annual meeting after Beretta, now Ruger’s largest shareholder, moved to nominate four directors to Ruger’s board at the 2026 annual meeting. Last month, Beretta disclosed a 9.95% stake in Ruger and nominated four independent nominees for the company's board, arguing that years of weak performance and poor capital allocation require new oversight. Ruger responded that Beretta is a direct competitor seeking “disproportionate representation” and effective control, highlighting Beretta’s demands for up to 25% ownership, special voting rights, and a Beretta executive on the board, which Ruger argues could raise antitrust and national security concerns and trigger CFIUS review. In a defensive move, Sturm, Ruger ( RGR ) adopted a limited‑duration shareholder‑rights plan last year to prevent what it calls a creeping foreign takeover. The company also refreshed its board with several new independent directors. Sturm, Ruger ( RGR ) said it has made multiple good-faith and constructive proposals to Beretta that were designed to avoid a costly and distracting proxy contest and allow the company to remain focused on executing its strategy. Those proposals were said to be carefully structured to preserve Sturm, Ruger's ( RGR ) independence as a public company and ensure compliance with applicable antitrust and national security laws. The proposals would have permitted Beretta to increase its ownership position up to a cap, designate directors, and explore opportunities for true commercial collaboration. However, the company maintains that Beretta repeatedly advanced extreme demands and threatened to "go to war" if those demands were not met Historically, Sturm, Ruger ( RGR ) and Beretta have competed across key handgun and long‑gun categories, but until 2025 they had no significant ownership linkage. Beretta’s initial position in Sturm, Ruger of 7.7% was ...

Phiwath Jittamas/iStock via Getty Images Investment thesis For many investors, spring has been a difficult start, the economic backdrop is turbulent, the news feeds are flooded with various reports, and everything from domestic political battles to events in Iran. Even though the S&P 500 only lost 1.14% in value over the week, some assets took a serious hit. Besides the skeptics who keep saying that the AI bubble is about to burst, new issues related to private lending have popped up. The CLO funds faced problems caused by rising default rates and increased credit risks. First, Blue Owl Capital ( OWL ) sold its $1.4 billion loan portfolio , and then BlackRock ( BLK ) imposed restrictions on withdrawals from its private lending fund , both of which can only be seen as signs of serious problems in this area. All this is in addition to the fact that the start of military operations in Iran caused spot oil prices ( CL1:COM ) to rise by 27.91% over the week. Furthermore, on Friday, labour market data was published showing that the unemployment rate had increased to 4.4% and that the number of jobs created was lower than the number of jobs lost (by 92,000 in February). And that's even though wages are going up, so with oil prices pushing up energy costs, there's a growing risk of inflation. The sole purpose of listing these fundamental factors is to emphasize the complexity of the current period. The more often I hear such news, even if it's about the higher chance of the US continuing/increasing trade protectionism and localizing not only production but also consumption of American IT products (I'm talking about the possible restrictions on exporting Nvidia and AMD chips, though this news was later denied ), I become more and more aware that it is worth being more cautious in forming my personal investment portfolio in 2026, and that, at the very least, the share of growth-oriented assets should be reduced. Even high-yield instruments, such as BDC stocks, only lead me to...

NY Fed: Inflation Expectations Dropped To 1 Year Low Ahead Of Iran War Amid Improving Household Finances While the latest NY Fed consumer expectations report shows sentiment from February, and does not account for the surge in oil prices as a result of the Iran war, the trend continues to be supportive which would be good news for the US economy if the current energy price spikes proves to be transitory. In what was the calm before the Persian Gulf storm, ​Americans’ inflation expectations eased further back in February amid mixed views on the state of the ‌job market and current and future finances. Specifically, the expected level of inflation a year from now dropped to 3% from 3.1% in January, and the lowest since the start of 2025 while the projected level of inflation three and five ​years from now held steady at 3%. The New York Fed survey, released Monday, was conducted between February 2-28. ​As such, it does not capture the public’s reaction to surging oil prices that are the ⁠result of the Iran war, which has massively disrupted global energy supplies and sent crude over $100. Huge increases seen thus far in ​energy prices are almost certain to drive up already high levels of overall inflation and stand a good chance of ​pushing the public toward a less benign view on the outlook for price pressures over coming years, assuming the price increase sticks and there is no prompt resolution to the war. That would present a challenging environment for the Fed, which has been contending with high levels of inflation for years, the result of its post-covid policy error which has pushed inflation above the Fed's 2% target for 60 moinths. Officials agree that where price pressures are expected to go exerts a strong influence on where ​they stand now, so if the oil shock creates expectations of higher price pressures, that could complicate efforts to get inflation back to ‌target. Then again, the Fed has traditionally ignored one-time shocks which suggests that the I...

A senior former Mail on Sunday journalist has denied commissioning a “blag” of sensitive medical information about Sadie Frost that the actor had not even told her own mother. At the high court, Katie Nicholl, a former diary editor and royal editor at the paper, was accused of using blagged information from a private investigator to uncover “extraordinarily intrusive” details of Frost’s medical history. Frost is one of a group of seven people, including Prince Harry, alleging that Associated Newspapers Ltd (ANL), which publishes the Mail on Sunday and the Daily Mail, used unlawful information gathering such as blagging, hacking and phone tapping to obtain stories over two decades. ANL denies all the accusations of wrongdoing, describing them as lurid and preposterous. Nicholl is a significant figure in the case, as her name appears on many of the stories that Frost, the Duke of Sussex and others have complained about. David Sherborne, the lead barrister for the claimants, spent a lot of time focusing on a passage in Nicholl’s notebook referring to Frost’s ectopic pregnancy. Nicholl prepared the story in autumn 2003 but it was never published. Frost’s legal team said she did not tell her sisters or even her own mother about the pregnancy and subsequent termination. Nicholl wrote in her notebook: “Sadie Frost: Had some note re: Ultrascan. Yes, she is having that kind of treatment. She went for an ultrasound. She is pregnant.” It also identified Frost’s doctor and said “she was recently treated in March Aug. 6 saw psychologist”. Sherborne said there was a reference in the margin to “Susie”, which he said was a reference to Susie Mallis from the private investigation firm ELI. The claimants also point to ELI payment notes days later, labelled “Katie Nicholls Urgent Enq” and “K Nicholl’s Searches”. Sherborne put it to Nicholl that her notes documented “an obvious medical blag” of Frost’s records. But Nicholl said she had never asked anyone to blag medical records and did...

alexsl/iStock via Getty Images The biggest of big companies have been stuck in neutral over the past half-year. The Invesco S&P 500 Top 50 ETF ( XLG ) now trades with a forward price-to-earnings ratio of just 23.74x, according to Invesco as of the end of February. Given losses to kick off March, that earnings multiple is now even lower—perhaps near 23x. It’s getting harder to pass up the "GARP" seen in what has traditionally been a premium-P/E ETF. Today, I’m upgrading XLG to a buy. I had a tactical sell rating on the fund in early 2024 , expecting a February-March dip. That never happened, but it appears we are getting on this go-round. I’ll offer a look at the valuation & holdings, along with an updated view of the technicals. XLG Lags the Most Among Major Equity ETFs since August Stockcharts.com Biggest US Stocks Have Re-Rated vs Large Stocks JPMAM P/E Gap Narrowing Between Megacaps and Large Caps Yardeni According to the issuer , XLG is based on the S&P 500 Top 50 Index, and the fund will invest at least 90% of its total assets in securities that comprise that index. The index houses 50 of the largest companies in the S&P 500. The ETF and the index are rebalanced annually. XLG is a large ETF with $11.2 billion in assets under management as of March 7, 2026. That’s up from just $3.4 billion at the time of my previous analysis in February 2024. You’ll see later that the fund’s volume has increased tremendously, too. The annual expense ratio is somewhat low at 20 basis points, while the trailing 12-month dividend yield is low at only 0.67%--about half a percentage point below that of the S&P 500. Share-price momentum is rated well by Seeking Alpha’s quantitative scoring system, but I’ll demonstrate later that, along with relative weakness to both US and global equities since Q4 2025, its absolute momentum has waned. What’s more, XLG is risky , given its concentrated portfolio and high weighting to the growth-heavy Information Technology sector and other “TMT” areas...

Vertigo3d/E+ via Getty Images Fund performance The Fund returned 4.50% (on a net asset value basis) for the three-month period ending 31 January 2026, underperforming the 4.83% return of its benchmark, the FTSE EPRA Nareit Global Index (Net). Sector wise, diversified and office REITs weighed on the Fund's relative performance, while the specialty and self-storage sectors were positive. 1 At the stock level, Kilroy Realty Corporation ( KRC ) detracted from performance. While the company made progress leasing vacant space in the period, concerns about the longer-term impact of AI on office demand led to underperformance of its shares. Not holding Sun Hung Kai Properties ( SUHJY ) was also unfavorable as the company benefitted from a favorable interest-rate environment. Meanwhile, SmartStop Self Storage REIT ( SMA ) was weak due to continued pricing pressures for new move-in rents in the storage sector. Additionally, technical issues in the market, where the lockup for pre-initial-public-offering shareholders in the company created a liquidity event for these long-time investors, affecting its stock. Conversely, National Storage REIT ( NSA ) contributed to performance as the company received a takeover offer at a significant premium to the stock's previous trading price. Non-exposures to Iron Mountain ( IRM ) and VICI Properties ( VICI ) were also favorable as both companies significantly underperformed during the period. Iron Mountain lagged due to questions about the profitability of data-center leases in the long term, despite record levels of demand. Meanwhile, the lower rate of inflation reduced rate increases for several of VICI's largest casino leases. Cumulative and annualized total return as of January 31, 2026 (%) NAV Market Price FTSE EPRA Nareit Global Net Index 10 Years (p.a.) 5.44 8.02 4.04 5 Years (p.a.) 2.53 4.81 3.16 3 Years (p.a.) 5.57 8.50 4.80 1 Year 11.78 12.10 12.77 Year to Date 3.19 3.67 4.00 3 Months 4.50 4.74 4.83 1 month 3.19 3.67 4.00 Click t...

Supatman/iStock via Getty Images Guidewire Software, Inc. ( GWRE ) recently reported the company’s fiscal Q2 results for the November-January period. The P&C insurance software company’s growth momentum remains great, driven by new clients and revenue expansion within the current client base. The quarter leaves a good growth outlook for the rest of FY2026; meanwhile, profitability is expected to show a slight hiccup. I maintained a Sell rating in my previous December 2025 article on the stock, titled “ Guidewire Software: Valuation Remains The Pain Point As Growth Continues. ” The stock has since lost -21% of its value as part of a larger software sector selloff. The S&P 500 ( SP500 ) has lost -2% in the same period. My Rating History on GWRE (Seeking Alpha) Guidewire Q2 Review: Another Good Quarter Guidewire’s fiscal Q2 was another successful quarter for the company. Revenues came in at $359.1 million with 24% year-on-year growth, exceeding the company’s own $339-345 million guidance range and beating Wall Street’s consensus by $16.2 million as a result. Behind the fast growth, Guidewire managed to grow ARR by 22% year-on-year and by 5% sequentially to $1121 million, showing a great increase in the predictable revenue stream. License revenues declined by -7% to $59.5 million. Meanwhile, subscription and support revenues grew by 33% to $237.2 million, and service revenues grew by 30% to $62.4 million. GWRE Q2'FY26 Investor Presentation The company notes three customer wins and a number of customer migrations and expansions during the quarter that drove good growth in ARR. New deals have become larger and come with longer durations, creating higher value for Guidewire. Guidewire managed to sign the first PricingCenter deal during Q2, but the new solution's potential is still mostly hidden in KPIs; shifting onto Guidewire's pricing solution is a major decision for insurance companies, requiring a long deal cycle. Earnings call comments suggest that ongoing talks are g...

格隆汇3月10日｜美国军方在“史诗愤怒”行动中又损失了两架MQ-9收割者无人机，使总损失达到11架。这11架无人机的总价值超过3.3亿美元。

Britain is likely to be hit by rising inflation because of the US war with Iran, the UK chancellor has said, as she suggested that a “rapid de-escalation” would be the best protection against a jump in energy prices. Both Rachel Reeves and the prime minister, Keir Starmer, suggested the government would be prepared to intervene to protect UK households against major cost-of-living shocks as oil prices surged past $100 (£75) a barrel for the first time since 2022. Starmer said a long-term US-Iran war would affect the “lives and households of everybody” but said the government would seek to “get ahead” if the conflict were prolonged. Ministers are understood to be looking at ways to potentially mitigate the rising costs on energy bills – and are likely to come under pressure to cancel a planned 5p rise in fuel duty this autumn. Reeves, who spoke to G7 finance ministers earlier on Monday, said the Treasury was ready to support a coordinated release of collective International Energy Agency oil reserves. “I will take the necessary decisions to help families with the cost of living and protect the public finances,” Reeves told MPs. “I am clear-eyed about my response to the current situation. My economic approach will both be responsive to a changing world and responsible in the national interest.” The chancellor said discussions would also be held on mitigations for families reliant on heating oil who did not have protection via the energy price cap. Petrol forecourt bosses have also been called into the Treasury and warned about price gouging. Edmund King, the president of the AA, said drivers should not change their refuelling habits but could “consider cutting out some non-essential journeys and changing their driving style to conserve fuel”. Simon Williams, the RAC’s head of policy, said pump prices had “rocketed” in the last week. “Petrol is up 5p to 137.5p and diesel up 9p to 151p a litre since the current crisis began,” he said. “Unleaded is almost certainly going...

Guido Mieth/DigitalVision via Getty Images Around the middle of December of last year, I decided to upgrade shares of Peoples Financial Services ( PFIS ) from a "Hold" to a "B uy." This decision was not made lightly. It was based specifically on improved valuation and strong financial performance that the company had exhibited leading up to that point. Certain credit quality metrics were looking positive, and asset quality was strong. My decision to upgrade the stock has played out nicely. While the S&P 500 is up 0.2% since then, shares of this bank have risen 7.9%. And honestly, I could see the picture getting even better. Admittedly, not every metric is as great as I would like it to be. But on the whole, this is a cheap way to play the banking sector without sacrificing too much when it comes to quality. Therefore, I think that maintaining it as a soft "Buy" is the right choice here. The Picture is Still Solid The newest data that investors have right now when it comes to Peoples Financial Services covers through the final quarter of the company's 2025 fiscal year . According to management, deposits came in for the year at $4.43 billion. That is up ever so slightly from the $4.41 billion that the company had in 2024. At first glance, this might not seem impressive. However, the institution has actually been growing organic deposits at a pretty nice rate. We can see this when we strip out brokered deposits. At the end of 2024, for instance, the company had brokered deposits of $256.4 million. But that number subsequently dropped to $152.2 million at the end of last year. This decline is positive in and of itself since brokered deposits are high-cost deposits relative to what organic deposits typically cost. This move lower was deliberate by management. They specifically said in their quarterly release that they reduced brokered deposits intentionally. Author - SEC EDGAR Data This does not mean that I like everything that I see when it comes to the deposit situatio...

伊朗局勢｜德黑蘭稱預備長期作戰 特朗普：戰事很快結束 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國總統特朗普聲稱攻擊伊朗的行動可能大致完成，相信很快結束。 首都德黑蘭凌晨再有建築遇襲冒出火光，特朗普指已攻擊逾5,000個目標，51艘伊朗船艦被炸毀或受損，認為美軍進度超出預期，從多方面取得勝利，但稱仍未足夠，會繼續行動直至徹底擊敗伊朗，又聲稱若美國和以色列不發動襲擊，伊朗將接管中東地區。伊朗革命衛隊發射導彈還擊，最高領袖外交政策顧問哈拉齊接受美國有線新聞網絡（CNN）訪問時聲稱現時沒有空間透過外交化解衝突，已預備好長期作戰。