Zhipu raised the cost of access to its most advanced AI model by at least 8%, joining other leading Chinese artificial intelligence players in trying to profit off years of research and computing investments. The Beijing-headquartered company released its latest open source model GLM-5.1 this week. It set prices for cloud-based usage — for instance, input tokens — between 8% and 17% higher roughly...
Zhipu raised the cost of access to its most advanced AI model by at least 8%, joining other leading Chinese artificial intelligence players in trying to profit off years of research and computing investments. The Beijing-headquartered company released its latest open source model GLM-5.1 this week. It set prices for cloud-based usage — for instance, input tokens — between 8% and 17% higher roughly than for its older GLM-5 Turbo, according to official pricing on OpenRouter. That’s at least the second time the company, which debuted in Hong Kong in January, has raised prices for users in 2026. Zhipu joins rivals from Alibaba Group Holding Ltd. to Tencent Holdings Ltd. in jacking up charges, responding to surging demand for OpenClaw-like agentic services as well as pressure from investors to begin delivering on profits. The increase followed a 30% price hike of its coding plan in February. The company last month reported a wider loss of 4.7 billion yuan ($688 million) for 2025, but its shares surged as much as 35% with investors upbeat about the prospects for monetization. The stock was up more than 18% Wednesday, buoyed by a broad-based regional rally. Read More: Zhipu Gains $14 Billion Value After AI Fever Overrides Big Loss Chief Executive Officer Zhang Peng said during a post-earnings call that he expected “exponential growth” for his firm’s cloud-based models business. Zhipu, also known as Z.ai, has been releasing new models at an accelerated speed to compete with US rivals like Anthropic and OpenAI as well as domestic peers such as DeepSeek . The latest release, GLM-5.1, comes with major upgrades in coding and long-horizon tasks. It can run autonomously for eight hours, Zhipu said in a statement. The new model’s coding performance nears Anthropic’s Claude Opus 4.6, it added. Read More: China Becomes Agentic AI’s Biggest Lab With OpenClaw Stampede
In this article SHEL-GB Follow your favorite stocks CREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange during morning trading on April 02, 2026 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks are expected to open sharply higher on Wednesday after the U.S. and Iran agreed to a conditional ceasefire deal. The U.K.'s FTSE 100 index is seen openi...
In this article SHEL-GB Follow your favorite stocks CREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange during morning trading on April 02, 2026 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks are expected to open sharply higher on Wednesday after the U.S. and Iran agreed to a conditional ceasefire deal. The U.K.'s FTSE 100 index is seen opening 3% higher, with Germany's DAX 5% higher, France's CAC 40 up 4.5% and Italy's FTSE MIB 5.3% higher, according to data from IG. Global markets rallied and oil prices plunged overnight after U.S. President Donald Trump said late on Tuesday that he had agreed to suspend planned attacks on Iranian infrastructure for two weeks. The move was "subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz," he wrote on Truth Social. Iranian Foreign Minister Abbas Araghchi said in a post on X on behalf of the country's Supreme National Security Council that Tehran's armed forces will " cease their defensive operations. " Asia-Pacific markets rallied overnight while U.S. stock futures jumped on news of the ceasefire. Oil prices also plunged below $100 a barrel upon news of the deal, which came after Trump had threatened to order the destruction of Iran's "whole civilization" unless it reopened the Strait of Hormuz. However, a number Middle Eastern countries continue to report incoming missiles and drones from Iran on Wednesday, triggering air defenses across the Gulf. Earnings on Wednesday come from Shell , and data releases include German factory orders and EU retail sales figures. — CNBC's Kevin Breuninger contributed to this market report. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
SHansche Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and open an exit for more than 800 vessels trapped in the Persian Gulf, Bloomberg News reported. The vital waterway has been virtually closed since US and Israeli strikes at the end of February prompted Iran to tighten its control, triggering a global energy-suppl...
SHansche Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and open an exit for more than 800 vessels trapped in the Persian Gulf, Bloomberg News reported. The vital waterway has been virtually closed since US and Israeli strikes at the end of February prompted Iran to tighten its control, triggering a global energy-supply crunch. Unable to guarantee the safety of thousands of seafarers and their cargoes, vessels have instead been loitering on either side, and traffic has slowed to a trickle. Hours before a deadline set by President Donald Trump ran out, the two sides on Tuesday agreed to a ceasefire in exchange for a reopening of the strait. Front-month Nymex crude ( CL1:COM ) for May delivery is currently down 14.4% to $96.64/bbl, and front-month Brent crude ( CO1:COM ) for June delivery slipped 13% to $95.05 at press time. For shipowners, however, the news has been enough to prompt cautious optimism. The Japanese Shipowners’ Association, a major industry group, was among those that said it would check the details of the US-Iran agreement before relaying information, the report said. Most, however, warned that more clarity would be required for ships to move, and even in the best case, flows would take time to resume. In peacetime, some 135 ships transit daily, a figure that has shrunk dramatically, the report added. “You don’t switch global shipping flows back on in 24 hours,” said Jennifer Parker, adjunct professor at the University of Western Australia Defence and Security Institute. “Tanker owners, insurers and crews need to believe the risk has actually reduced — not just paused.” Ships that transport energy make up a large part of the fleet that’s stuck inside the gulf, data from Kpler show. There are currently 426 tankers hauling crude oil and clean fuels, plus 34 liquefied petroleum gas carriers and 19 liquefied natural gas vessels. The remainder are carrying dry commodities, like...
Super Micro Computer (NasdaqGS:SMCI) has launched an independent investigation into alleged illegal exports of AI hardware to China linked to three individuals, including a co founder and senior staff. The company is not named as a defendant in the March 2026 indictment. Those involved have been placed on leave and key relationships have been terminated while the review is underway. Independent bo...
Super Micro Computer (NasdaqGS:SMCI) has launched an independent investigation into alleged illegal exports of AI hardware to China linked to three individuals, including a co founder and senior staff. The company is not named as a defendant in the March 2026 indictment. Those involved have been placed on leave and key relationships have been terminated while the review is underway. Independent board members and external legal counsel have been appointed to oversee the investigation. For...
International Air Transport Association Director General Willie Walsh expects jet fuel prices to remain elevated for some time. He says it's 'inevitable' that ticket prices will also remain elevated. He speaks with Avril Hong from the sidelines of the 'IATA World Data Symposium' in Singapore. (Source: Bloomberg)
International Air Transport Association Director General Willie Walsh expects jet fuel prices to remain elevated for some time. He says it's 'inevitable' that ticket prices will also remain elevated. He speaks with Avril Hong from the sidelines of the 'IATA World Data Symposium' in Singapore. (Source: Bloomberg)
Galeanu Mihai/iStock via Getty Images Dorchester Minerals ( DMLP ) reported a second consecutive quarter with a 15% quarter-over-quarter i ncrease in oil sales volumes . This (along with lease bonus income) helped Dorchester increase its distribution by 10% in Q4 2025 despite relatively weak oil prices. Since I last looked at Dorchester in December 2025 , the oil price environment has changed cons...
Galeanu Mihai/iStock via Getty Images Dorchester Minerals ( DMLP ) reported a second consecutive quarter with a 15% quarter-over-quarter i ncrease in oil sales volumes . This (along with lease bonus income) helped Dorchester increase its distribution by 10% in Q4 2025 despite relatively weak oil prices. Since I last looked at Dorchester in December 2025 , the oil price environment has changed considerably. At an average of $80 WTI oil in 2026 (and with a recent settlement), Dorchester's average quarterly distribution for 2026 may reach around $0.96 per unit. As well, Q2 2026's distribution should end up well over $1 per unit. I've increased my estimate of Dorchester's value from $29 to $34.50 per unit due to several factors. These include strong near-term oil prices, an increase in modeled oil sales volumes, and an increase in my long-term WTI oil price from $70 to $75. Q4 2025 Distribution and Sales Volumes Dorchester's Q4 2025 distribution increased by approximately 10% quarter-over-quarter to $0.755712 per common unit. This increase came despite softening oil prices during the last few months of 2025. Dorchester's Q4 2025 distribution was also boosted by $6.0 million in lease bonus and other income, with over 50% of its full-year lease bonus and other income being recorded in Q4. As well, Dorchester reported a 15% quarter-over-quarter increase in oil sales volumes (after a 15% quarter-over-quarter increase in Q3 2025). Those increased volumes helped offset the impact of the 7% decline in Dorchester's realized oil price between Q3 2025 and Q4 2025. Dorchester's Sales Volumes Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Royalty natural gas sales (mmcf) 1,275 1,569 1,568 1,482 1,341 1,607 1,702 Royalty oil sales (mbbls) 423 642 535 518 399 493 592 NPI natural gas sales (mmcf) 493 642 510 436 493 581 453 NPI oil sales (mbbls) 131 198 140 136 163 160 162 Click to enlarge Dorchester's Colorado acquisition (which closed in late August 2025) helped its Q4 oil ...
Vistance Networks ( VISN ) declares $10.00/share special dividend . Payable April 27; for shareholders of record April 17; ex-div April 17. The company will pay the distribution using cash on hand, including proceeds from selling its Connectivity and Cable Solutions business to Amphenol Corporation on January 9, 2026. Due to debt market volatility, it chose cash instead of adding leverage. See VIS...
Vistance Networks ( VISN ) declares $10.00/share special dividend . Payable April 27; for shareholders of record April 17; ex-div April 17. The company will pay the distribution using cash on hand, including proceeds from selling its Connectivity and Cable Solutions business to Amphenol Corporation on January 9, 2026. Due to debt market volatility, it chose cash instead of adding leverage. See VISN Dividend Scorecard, Yield Chart, & Dividend Growth. More on Vistance Networks Vistance Networks: Not A Buy Just Yet Vistance Networks: Sum Of The Parts Starts To Look Interesting Vistance Networks, Inc. 2025 Q4 - Results - Earnings Call Presentation Vistance Networks Non-GAAP EPS of $0.17, revenue of $514.5M; introduces FY26 outlook Vistance Networks Q4 on deck: What to expect
peepo/iStock via Getty Images Sport And Investing (Once Again) Exactly seven years ago, I wrote a letter to shareholders entitled “ Sport and Investing .” The analogies between these two seemingly unrelated activities comprise one of my favorite themes; I often reflect upon them and look for lessons to be learned. In January, by coincidence, I had the opportunity to deliver a short presentation on...
peepo/iStock via Getty Images Sport And Investing (Once Again) Exactly seven years ago, I wrote a letter to shareholders entitled “ Sport and Investing .” The analogies between these two seemingly unrelated activities comprise one of my favorite themes; I often reflect upon them and look for lessons to be learned. In January, by coincidence, I had the opportunity to deliver a short presentation on this subject at an investment conference called Ideaweek St. Moritz , which is organized annually beneath the snow-capped peaks of the Engadin Valley by my good friend John Mihaljevič, founder of MOI Global. It occurred to me then that I could revisit the topic of sports and investing in this letter to shareholders. What sports and investing have in common... Sports and investing are governed by the same basic logic. Both are long-term disciplines requiring perseverance, where progress is gradual, daily effort does not yield immediate feedback, and results become apparent only after years have passed. A professional athlete competing in an endurance sport needs to train 700–1,400 hours annually for many years to have a chance of rising to among the elite. That individual’s daily program includes one, two, or sometimes even three training sessions. After a full day of effort, however, the athlete usually has no tangible results to show in the evening. Nevertheless, he or she believes that by persevering and doing the work every day, week, month, and year the results ultimately will come. After several years of regular hard work, that person’s performance will be on a completely different level than at the beginning. Investing is similar. A typical day for a professional investor usually consists of reading and thinking. On the vast majority of days, the investor also cannot point to any tangible result of his or her work when evening comes. Again, however, the investor, too, is convinced that if he or she wakes up every morning with a desire to learn something new and devot...