美联储理事米兰：在等待降息方面，没看到让人信服的理由。

格隆汇4月16日｜美国总统特朗普4月15日表示，美国“很有可能”在4月下旬与伊朗达成协议。但与此同时，美国《华盛顿邮报》报道说，美国将持续向中东地区增兵。报道援引匿名美方官员的话称，美军将在数日内向中东增派数千兵力，其中包括搭载在“布什”号航母打击群上的约6000兵力。此外，“拳师”号两栖作战群约4200兵力预计将于本月底抵达。“布什”号航母正绕行非洲好望角前往中东，增援部队的到来将使美军在该地区部署3艘航母。

Rafmaster/iStock via Getty Images By Carsten Brzeski, Global Head of Macro At the last meeting, one month ago, the ECB was already sounding more alarmed about the inflationary risks stemming from the war in the Middle East and made a clear hawkish pivot. The just-released minutes reinforce this shift and portray an ECB in no hurry to react. In the good old days, the central bank would have called this approach ‘being vigilant’. Here are some of the highlights: Base case too benign. "It was argued that the baseline projection for growth could still be seen as too benign, especially since the war could precipitate non-linear effects on growth." Accentuate the positives. “A diversion of tourism from the Middle East to the euro area could boost the economy, while the latest trade deals with India and Australia could support growth over the longer term.” Overall risks to the growth outlook tilted to the downside and to the upside for inflation. “Members assessed that the risks to the growth outlook were tilted to the downside, especially in the near term. The war in the Middle East was a downside risk to the euro area economy, adding to the volatile global policy environment.” Stronger pass-through than in 2022? Really? “It was argued that the pass-through from higher energy prices to goods inflation might be stronger than had been assumed in the baseline projections. In addition, some prospective fiscal support measures in response to the shock could put upward pressure on inflation.” Too optimistic on wage growth? “On the other hand, it was argued that the upward revision to the staff projection for wage growth seemed somewhat surprising given the slowing wage growth in the fourth quarter of 2025, the recent downward revision of the ECB wage tracker for 2026, the cooling labour market and weaker expected economic growth due to the energy price shock.” Inflation outlook fundamentally changed. “Starting with the inflation outlook, the war in the Middle East had fundament...

Anthropic PBC在限制更先进模型Mythos发布仅一周后，推出了其最强大且使用广泛的人工智能（AI）模型更新版本。 Anthropic周四表示，Opus 4.7旨在提升软件工程能力，包括处理一些此前需要更多人工监督的高难度编码任务。不过，该公司称，这一新模型在整体能力上仍不及Mythos，包括网络安全相关用途方面。 根据公司博客，在Opus 4.7的训练过程中，Anthropic甚至尝试通过“差异化削弱”的方式降低模型的网络攻防能力。 上周，Anthropic曾警告称，其Mythos系统在用户指令下能够识别并利用“所有主流操作系统和主要网页浏览器中的漏洞”。因此，公司决定仅向部分企业开放该模型的一个版本，以帮助它们加固自身软件。 公司在博客中表示：“我们发布的Opus 4.7加入了安全防护措施，能够自动检测并阻止显示出被禁止或高风险网络安全用途的请求。我们将通过这些防护措施在真实环境中的应用经验，最终实现广泛发布Mythos级模型的目标。” 这家Claude模型开发商正与OpenAI展开激烈竞争，力图推出更强大的AI模型并吸引更多企业客户付费。近几个月来，Anthropic在AI编程工具方面表现强劲，在与五角大楼就AI安全问题存在分歧的背景下，其面向消费者的业务也持续获得更多关注。 Anthropic最近一次估值为3800亿美元，目前正与投资者就新一轮融资展开接洽，估值可能达到约8000亿美元或更高。 责任编辑：何云

In this article IONQ QBTS QUBT RGTI Follow your favorite stocks CREATE FREE ACCOUNT A Rigetti quantum computer displayed at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images Quantum stocks climbed on Thursday, adding to a massive week-to-date rally fueled by enthusiasm for Nvidia 's new open-source artificial intelligence models designed to advance the burgeoning computing technology. Since the start of the week, IonQ shares have skyrocketed 50%, as have shares of D-Wave Quantum . Quantum Computing and Rigetti Computing have surged more than 20% each. The rally comes on the heels of Nvidia's unveiling of Ising , a new family of open-source models aimed at accelerating the adoption of quantum computing. "AI is essential to making quantum computing practical," Nvidia CEO Jensen Huang said in a statement. "With Ising, AI becomes the control plane — the operating system of quantum machines — transforming fragile qubits to scalable and reliable quantum-GPU systems." Nvidia explained further in a press release that Ising "provides high-performance, scalable AI tools for quantum error correction and calibration — two of the most critical challenges in building hybrid-quantum classical systems." The chip giant named Ising after a famous mathematical model. Nvidia's announcement aired on what's become known as " World Quantum Day ," ever since an international group of scientists announced in 2021 that April 14th should be used to promote public awareness of quantum technology. The date was chosen because 4.14 represents the first three digits of a key concept in quantum physics known as the Planck constant. Read more CNBC tech news Amazon sellers boycott ads in policy change revolt: 'We're running out of f---ing margin' TSMC and ASML post-earnings stock moves could be a sign of what's to come from chip companies The public sours on AI and data centers as Anthropic,...

Amalgamated Bank CEO Priscilla Sims Brown joined Bloomberg Open Interest to break down why her bank is thriving in a “higher for longer” rate world. She reveals why loyal, values-driven clients matter more than interest rates, highlights booming demand in clean energy lending, and hints at a wave of potential bank mergers ahead. (Source: Bloomberg)

格隆汇4月16日｜高盛将美国银行的目标价从58美元上调至63美元，维持“买入”评级。(格隆汇)

JulyVelchev/iStock via Getty Images Solid, But Not The Greatest Long-term Track Record The iShares MSCI Sweden ETF ( EWD ), a +$320M-sized passively managed ETF (it covers the MSCI Sweden 25/50 Index through representation sampling) that offers exposure to 42 Swedish stocks (two-thirds of which are large-caps ), reached the landmark of completing three decades on the bourses last month. While EWD (which we’ve previously written about a couple of times now) has done very well to generate returns of over 850% since its inception in March 1996, it has still lagged global markets by quite a large margin, with the gap between the two pockets expanding in recent years (basically since the second half of 2021). YCharts Is there potential for EWD to narrow this gap in the years ahead? Well, let’s gauge some of the key vectors behind the Swedish story and see if they have the potential of driving strong bullish interest towards EWD. Macro Position Looks Relatively Healthy For starters, it’s fair to say that Sweden’s macro position looks quite healthy and is poised to see a greater uptick ahead. It wouldn’t necessarily be fair to expect Sweden- an advanced economy and the largest from the Nordic region in GDP terms- to grow at the same pace as the globe, which includes a good chunk of high growth emerging markets. However, if you compare Sweden to its closer peers from the Nordic area, as well as the broader European region, there’s a lot of comfort to take. IMF To elaborate, after seeing real GDP growth of 1.5% in FY25 (roughly on par with Europe), the IMF expects growth in Sweden this year to step up to 2%, which would make it the fastest growing Nordic economy alongside Denmark (which is actually on course to see a slowdown in growth from the 2.9% that was seen last year), and a good 70bps more than Europe. In the initial months of 2026, we’ve seen the traditional energy supply chain of the globe get upended by the ongoing war in the Middle East, and the effects of this ar...

BlackJack3D/iStock via Getty Images Massive AI chip demand in the Data Center market caused Taiwan Semiconductor Manufacturing Company Limited aka TSMC ( TSM ) to report better-than-expected earnings and revenues for the first fiscal quarter on Thursday. TSMC is one of the first AI-focused chip companies to publish results for Q1 ’26 , meaning its earnings report is usually widely followed as it gives investors important insights into the strength of CapEx spending in the Data Center market. The chipmaker benefited from soaring demand for advanced nodes, especially for 3nm and 2nm, which is driving record revenue and gross profit margin gains for TSMC. Taiwan Semiconductor manufacturing’s shares are trading near all-time highs, but they are still cheap and exhibit, in my opinion, a favorable risk/reward ratio for investors seeking AI exposure. Data by YCharts Previous rating Demand for chips that can handle demanding AI-driven computing processes has soared in recent years, leading TSMC to be a top investment choice for me throughout 2025 and earlier this year: Set For New All-Time Highs . Taiwan Semiconductor Manufacturing's first-quarter earnings report card showed that spending in the Data Center market is not slowing down: TSMC reported gross profit margin gains as a result, and record revenues. What I like specifically about TSMC is that the chipmaker is priced, despite trading around all-time highs, at an affordable P/E ratio of ~25X (FWD). TSMC sails past Q1 ’26 estimates on strong AI demand Taiwan Semiconductor Manufacturing surpassed expectations on both the bottom and top lines when it submitted its Q1 ’26 earnings report on April 16, 2026: the chipmaker, which holds a dominating revenue share north of 70% in the global fab market, reported GAAP earnings of $3.49 per-share, beating the estimate by $0.11 per-share. The top line figure came in at $35.9B and beat both the analyst expectation as well as TSMC’s own guidance. TSMC had another record quarter in Q...

美国能源部长赖特周四表示，特朗普政府计划采取更多措施，以降低在美伊战争爆发后攀升的汽油价格。 “我们已经采取了一切切实可行的举措，并将继续采取更多措施来降低汽油价格，”赖特在众议院能源小组委员会作证时表示。 责任编辑：何云

美国参议院银行委员会的民主党人致信委员会主席称，凯文·沃什出任下一任美联储主席的提名听证会应该推迟，直至对杰罗姆·鲍威尔和丽莎·库克的调查结束。 这些民主党参议员重申，“在特朗普的司法部正对不止一位、而是两位美联储理事会成员进行刑事调查时，允许他亲手挑选下一任美联储主席显示是荒谬的”。 注：提名听证会定于4月21日举行 责任编辑：郭明煜

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra QQQ (Symbol: QLD) where we have detected an approximate $611.4 million dollar inflow -- that's a 6.0% increase week over week in outs

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra S&P500 (Symbol: SSO) where we have detected an approximate $518.1 million dollar inflow -- that's a 8.2% increase week over week

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Large Cap Core Active ETF (Symbol: BLCR) where we have detected an approximate $269.9 million dollar inflow -- that's a 6.0% increase week ov

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Broad USD High Yield Corporate Bond ETF (Symbol: USHY) where we have detected an approximate $1.0 billion dollar inflow -- that's a 4.4% incr

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Bloomberg High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $271.1 million dollar inflow -- that's a 3.9% increase week ov

英国国债回吐了早先涨幅，随着原油期货价格上升，长期国债收益率随之攀升。 30年期国债收益率一度上涨6个基点，至5.55%。 2年期国债收益率上涨2个基点，至4.25%。 这一走势恰逢主要英国国债期货合约交易量激增。 布伦特原油升至日内高点，突破每桶98美元，此前报道称，美国必须在谈判中放弃“过分要求”。 责任编辑：何云

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the GraniteShares 2x Long NVDA Daily ETF (Symbol: NVDL) where we have detected an approximate $357.1 million dollar outflow -- that's a 7.8% decrease we

MilanMaksovic/iStock Editorial via Getty Images BRP Inc. ( DOO ) plunged -35% on the 15 th of April. The recreational vehicle manufacturer withdrew its financial guidance due to changes in the tariff landscape. New tariffs pressure profitability intensively, meanwhile BRP is already operating in a very volatile demand environment. A negative stock reaction was warranted, but ultimately, such a sharp plunge seems like an overreaction in my opinion. I maintained a Hold rating in my previous September 2024 article on the stock, titled “ BRP Shows Market Share Loss In Q2 ”. The stock has since lost -17% of its value, meanwhile the S&P 500 has returned 30%. My Rating History on DOO (Seeking Alpha) Tariffs Cause a Shock in BRP’s Outlook After BRP established the company’s FY2027 guidance in late March, the company already had to withdraw the guidance in mid-April. The reason for the guidance withdrawal was outlined very clearly – changes in the tariff landscape are going to weaken BRP’s profitability. The structure of Section 232 tariffs on metals was changed in a major way. Instead of a 50% tariff only on applicable metal content, BRP now faces a 25% tariff on the total value of imported snowmobiles and the majority of off-road vehicle models in the U.S. market. The impact on BRP is significant. The U.S. accounts for 56% of BRP’s revenues. BRP relies on manufacturing in Mexico, Canada, and a number of other countries in addition to two manufacturing facilities in the U.S., and sources parts from other countries, making the company very susceptible to higher tariffs. Left unmitigated, BRP estimates the additional tariff impact to be $500 million for the remainder of FY2027 after the tariff change became effective on the 6 th of April. BRP’s previous guidance included an adjusted EBITDA range of $1175-1275 million, implying that added tariff pressure could lower earnings by 41% for the year. BRP Q4'FY26 Investor Presentation The news puts BRP in a very difficult and uncert...

天祥集团 称该报价低估了公司价值 殷拓集团表示，目前无法确定是否会提出新报价。 简要摘要 英国天祥集团拒绝了瑞典私募股权集团殷拓的 79.3 亿英镑收购提议，理由是报价被低估。 英国天祥集团（Intertek Group）周四表示，已拒绝瑞典私募股权集团殷拓（EQT）的非邀约收购提议，称这份 79.3 亿英镑（约 107.6 亿美元） 的方案严重低估了公司价值。 主营检测、检验与认证服务的天祥集团宣布，殷拓此前提交了一份非邀约收购提案，但公司董事会已予以否决。 公告显示，该方案报价为每股 51.50 英镑现金 ，较公司周三收盘价溢价 18%。根据路孚特的股份数据，这笔收购对公司整体估值为 79.3 亿英镑。 在殷拓披露收购意向后，天祥集团股价大幅走高，欧洲午后交易时段上涨 12%，报每股 49 英镑。 天祥集团声明称：“董事会在顾问协助下审慎审议了殷拓的提案，并一致认为该方案从根本上低估了天祥集团及其未来发展前景。” 殷拓早些时候已确认向天祥提交收购提案，但未披露具体财务细节，并表示在 indicative 报价遭拒后正考虑后续选择。 这家私募股权公司补充道， 目前无法确定是否会提出新的报价 。 殷拓提出收购意向之际，天祥集团刚于本周二宣布启动战略评估，计划通过出售或分拆方式，将旗下能源与基础设施业务从整体运营中剥离。公司同时任命史蒂夫・莫格福德接替安德鲁・马丁担任董事会主席。 天祥针对殷拓要约的监管文件显示，董事会上周收到提案，并于周一予以否决。 天祥两大主要竞争对手 —— 瑞士通标标准（SGS）与法国必维国际检验集团（Bureau Veritas）去年曾商讨合并事宜，但最终宣告放弃。 当时两家公司均表示，检测、检验与认证行业的整合具备价值，但谈判未能达成一致。高管随后称将转而聚焦小型并购交易。 通标、必维与天祥经常收购小型同业公司，以扩充服务品类或拓展新市场。周四早些时候，天祥宣布从三井化学手中收购了印度一家太阳能光伏检测实验室。 在天祥收购意向披露后，通标标准与必维国际的股价亦同步走高。 责任编辑：郭明煜

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JMST ETF (Symbol: JMST) where we have detected an approximate $127.3 million dollar outflow -- that's a 2.0% decrease week over week (from 125,400,0

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ex US ETF (Symbol: ACWX) where we have detected an approximate $264.6 million dollar inflow -- that's a 2.4% increase week over wee

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $961.3 million dollar outflow -- that's a 0.8% decrease week ove

AMD at PyTorch Conference Europe AMD

Getty Images DroneShield shares have lost 2% since my last report . I have a buy rating on the name and even with the drone aggression in the Middle East, I can somewhat understand why the stock price has not moved substantially. In this report, I discuss why I believe the shares have not moved up substantially and since the company has also provided its annual report, I will discuss the earnings which closely match the preliminary earnings that were already disclosed. I will also present my updated price target which is lower, but still supports a buy rating. Why DroneShield Stock Has Not Moved Up Sharply The situation in Iran and how neighboring countries are attacked with drones puts the focus on drone stocks or better said stocks that provide counter-drone solutions. DroneShield is one of those companies, but did not benefit. One reason is more than likely the valuation of the stock. In my prior assessment, I found that the stock was fairly valued with earnings for 2027 in mind. Typically, I value stocks one year ahead of earnings and that did not leave any upside. However, I did mark the shares a buy since the expected earnings for 2028 showed substantial upside. At the same time, the peer group EV/EBITDA multiple against which the model developed by The Aerospace Forum calculates the multi-year price targets dropped from 23.5x to 22.6x. So, from valuation perspective there was no near-term driver for the stock price. The situation in Iran seemingly is a good one for companies such as DroneShield. However, I believe that DroneShield is not the best equipped against to counter the drones we have seen deployed in Iran. The addressable market for counter-drone solutions is big with over $35 billion in opportunities for the military market and over $28 billion in the addressable market. With Iran striking military bases and energy infrastructure, we have basically seen that there is demand for counter-drone solutions. At the same time, we note that airports, energy...