HSBC Private Bank and Premier Wealth has downgraded emerging Asian equities and slashed exposure to India, while raising allocations to gold, cash and hedge funds on Iran war risks and oil price shocks. “We have reviewed our allocation to limit the excessive risk,” said Patrick Ho , the bank’s chief investment officer for North Asia, pointing to rising uncertainty tied to Middle East tensions, ene...
HSBC Private Bank and Premier Wealth has downgraded emerging Asian equities and slashed exposure to India, while raising allocations to gold, cash and hedge funds on Iran war risks and oil price shocks. “We have reviewed our allocation to limit the excessive risk,” said Patrick Ho , the bank’s chief investment officer for North Asia, pointing to rising uncertainty tied to Middle East tensions, energy security concerns and shifting global capital flows. The firm is looking at “which market or segment will suffer if the risk scenario develops and turns into reality.” Ho’s team works with a scenario-based risk management model with three potential outcomes: negotiation, escalation and results in between. Its current positioning reflects caution toward emerging Asian nations, where higher oil prices and a stronger US dollar pose a “double negative” for markets reliant on energy imports and foreign capital, he said. Read more: Iran War Unwinds a Year of Investor Bets on Trump’s Tariffs The bank has also downgraded several Asian currencies and trimmed exposure to regional credit, citing potential capital outflows in more volatile scenarios. Within equities, the firm has turned more selective. It’s cut India to underweight from neutral, saying it’s the “most vulnerable” emerging Asia market due to energy prices, and favors North Asia, Ho said. South Korea and China stocks are better positioned to benefit from artificial intelligence investment, with stronger exposure to memory chips and upstream industrials, as well as more attractive valuations and earnings visibility, he added. Elevated energy costs have raised questions about the impact on AI investment, including whether higher oil prices could hurt profitability timelines or weigh on data center returns. Still, the bank expects the long‑term AI thesis to remain intact. “We still think the AI story and the earnings broadening story will continue,” Ho said.
Strike marks third deadly attack on vessels in region in four days, and the killing of 174 people since September Sign up for the Breaking News US email to get newsletter alerts in your inbox The US military said it killed four more people in a boat strike in the eastern Pacific ocean on Tuesday, marking the third deadly attack on vessels in the region in four days. The US Southern Command, which ...
Strike marks third deadly attack on vessels in region in four days, and the killing of 174 people since September Sign up for the Breaking News US email to get newsletter alerts in your inbox The US military said it killed four more people in a boat strike in the eastern Pacific ocean on Tuesday, marking the third deadly attack on vessels in the region in four days. The US Southern Command, which oversees military operations in Latin America and the Caribbean, announced the killings in a social media post , claiming, without providing evidence, that the men killed were “narco-terrorists”. Continue reading...
US president says negotiations could restart in Islamabad under ‘fantastic’ Pakistani army chief Asim Munir • Middle East crisis – live updates Donald Trump has said that US-Iranian peace talks could resume in Islamabad over the next two days, and complimented the work of Pakistan’s army chief as mediator. The US president was speaking on Tuesday to a New York Post reporter who had gone to Islamab...
US president says negotiations could restart in Islamabad under ‘fantastic’ Pakistani army chief Asim Munir • Middle East crisis – live updates Donald Trump has said that US-Iranian peace talks could resume in Islamabad over the next two days, and complimented the work of Pakistan’s army chief as mediator. The US president was speaking on Tuesday to a New York Post reporter who had gone to Islamabad for the first round of ceasefire talks over the weekend. After an interview discussing prospects for negotiations, the reporter said the president had called her back “with an update”. Continue reading...
推荐：Anthropic 将发布新模型 Claude Opus 4.7；英伟达发布量子计算机AI模型；Meta与博通达成AI芯片战略合作 【财新网】 OpenAI发布网络安全模型GPT-5.4-Cyber 美国当地时间4月14日，美国人工智能公司OpenAI正式发布了其最新旗舰模型的网络安全专用变体GPT-5.4-Cyber，该模型专门针对防御性网络安全工作进行了微调。OpenAI称，由于其设计更...
推荐：Anthropic 将发布新模型 Claude Opus 4.7；英伟达发布量子计算机AI模型；Meta与博通达成AI芯片战略合作 【财新网】 OpenAI发布网络安全模型GPT-5.4-Cyber 美国当地时间4月14日，美国人工智能公司OpenAI正式发布了其最新旗舰模型的网络安全专用变体GPT-5.4-Cyber，该模型专门针对防御性网络安全工作进行了微调。OpenAI称，由于其设计更加开放，GPT-5.4-Cyber 初期将仅向经过审查的安全供应商、组织和研究人员限量推出。同时，OpenAI还扩大了其“网络可信访问”（Trusted Access for Cyber）计划的规模。 Anthropic将发布新模型Claude Opus 4.7 据美国科技媒体The Information 4月14日报道，美国人工智能公司Anthropic正准备推出下一代旗舰模型Claude Opus 4.7，以及一款能够生成网站、演示文稿、落地页和完整产品原型的AI设计工具，预计最快本周发布。 亚马逊计划以近116亿美元收购卫星公司Globalstar 据彭博4月14日报道，亚马逊正在进行谈判，计划以约115.7亿美元的价格收购卫星电信集团Globalstar。此举旨在加强亚马逊在构建自有卫星网络方面的实力，以期在卫星互联网领域追赶埃隆·马斯克旗下的Starlink。 Meta与博通达成AI芯片战略合作 美国当地时间4月14日，Meta宣布将进一步与芯片公司博通（Broadcom）加深合作，生产多代定制人工智能处理器。这一扩大的协议将持续到2029年，并包含超过一吉瓦（gigawatt）计算能力的初始承诺。 英伟达发布量子计算机AI模型 美国当地时间4月14日，英伟达推出专为量子计算机研发设计的开源AI模型家族NVIDIA Ising，旨在帮助研究人员和企业构建能够运行实用应用的量子处理器。Ising模型提供全球领先的AI量子处理器校准能力，其量子纠错解码速度比行业现有开源标准pyMatching快2.5倍、准确度高出3倍，并可将量子处理器的连续校准时间从数天压缩至数小时。 车企2025年成绩单出炉 2026年前三个月，国内车市行情惨淡。据中国汽车工业协会统计，一季度，国内汽车销量同比下跌逾两成。近期陆续出炉的上市车企2025年年报为行业再添一把寒意。增量不增收、增收不...
Earnings Call Insights: Gloo Holdings (GLOO) Q4 fiscal 2025 Management View "Q4 was a strong quarter for Gloo that exceeded our guidance" (CEO Scott Beck), adding "we more than quadrupled our revenue compared to the prior year period" and "we also exited 2025 with a much stronger balance sheet following our November IPO and the conversion of a significant majority of our debt into equity." "We rem...
Earnings Call Insights: Gloo Holdings (GLOO) Q4 fiscal 2025 Management View "Q4 was a strong quarter for Gloo that exceeded our guidance" (CEO Scott Beck), adding "we more than quadrupled our revenue compared to the prior year period" and "we also exited 2025 with a much stronger balance sheet following our November IPO and the conversion of a significant majority of our debt into equity." "We remain confident in achieving adjusted EBITDA profitability in Q4 2026 and continue to expect to approach adjusted EBITDA profitability in Q3" (CEO Beck), while positioning the strategy as "powering technology and powering reach" and stating, "we're leveraging the latest innovations in agentic AI" to "deliver significantly better outcomes at lower costs, while also creating higher margins for Gloo and highly durable revenue streams." "Today, we announced a definitive agreement to acquire Enterprisemarketdesk, known as EMD, a leading Workday Service Partner" (CEO Beck), and said, "Westfall Group has been immediately accretive since close, and we anticipate EMD will be immediately accretive upon close as well." "Revenue for the quarter was $33.6 million" and "adjusted EBITDA improved $0.7 million sequentially to negative $18.6 million" (CFO Paul Seamon), while highlighting margin and cash with "cost of revenue in the quarter was 76.5%" and "as of January 31, 2026, we had $57.3 million of cash and cash equivalents." Outlook "We continue to guide to first quarter revenue of $36 million" (CFO Seamon), and "for the quarter, we expect adjusted EBITDA loss to narrow to negative $12 million." "Our full year 2026 revenue outlook is now $190 million, which includes the addition of EMD" (CFO Seamon), adding, "we are confident in our ability to achieve this guidance without any additional acquisitions" and "we continue to expect meaningful sequential improvement each quarter and expect profitability in Q4 2026." Compared with the prior call, "we expect to nearly double revenue in 2026 to o...
Interior minister is ‘highly determined’ to block US rapper from performing in the southern city in June due to his past antisemitic remarks, sources say France’s interior minister is seeking to block the US rapper formerly known as Kanye West from performing in the southern city of Marseille in June due to his antisemitic remarks, a source close to the minister said Tuesday. The interior minister...
Interior minister is ‘highly determined’ to block US rapper from performing in the southern city in June due to his past antisemitic remarks, sources say France’s interior minister is seeking to block the US rapper formerly known as Kanye West from performing in the southern city of Marseille in June due to his antisemitic remarks, a source close to the minister said Tuesday. The interior minister, Laurent Nunez, is “highly determined” to ban the 11 June concert at Marseille’s Velodrome stadium and is exploring “all possibilities”, the source told Agence France-Presse. Continue reading...
Australian pension fund HESTA has named Robbie Campo as its new chief executive officer. Campo, currently CEO of ESSSuper , will take the helm at the A$100 billion ($71 billion) fund from August, according to a statement Wednesday. She’ll replace Debby Blakey , who in February announced her departure from the fund after more than 17 years. “Robbie brings extensive experience across executive and C...
Australian pension fund HESTA has named Robbie Campo as its new chief executive officer. Campo, currently CEO of ESSSuper , will take the helm at the A$100 billion ($71 billion) fund from August, according to a statement Wednesday. She’ll replace Debby Blakey , who in February announced her departure from the fund after more than 17 years. “Robbie brings extensive experience across executive and CEO roles, leading organizations, big and small, through complex regulatory, operational and investment environments,” HESTA Chair Nicola Roxon said in the statement, adding that Campo has been in the superannuation industry for 26 years. It marks the latest change in senior roles in the nation’s A$4.5 trillion pension industry. Rival fund Australian Retirement Trust appointed Kathy Vincent as CEO late last year, while the nation’s largest fund, AustralianSuper, has appointed executive search firm Spencer Stuart to find a replacement for outgoing CIO Mark Delaney.
KKR将投资8.20亿美元，获得三星SDS（Samsung SDS）的少数股权，以推动这家韩国公司发展成为一家全栈式人工智能解决方案提供商。两家公司周三表示，根据合作协议，KKR管理的基金将购买三星SDS新发行的1.22万亿韩元可转换债券。这家美国私募股权巨头将主要通过其Asia Fund IV进行投资。企业IT解决方案提供商三星SDS将利用这些资金来增强其基础设施和能力等。三星SDS还将与KKR...
KKR将投资8.20亿美元，获得三星SDS（Samsung SDS）的少数股权，以推动这家韩国公司发展成为一家全栈式人工智能解决方案提供商。两家公司周三表示，根据合作协议，KKR管理的基金将购买三星SDS新发行的1.22万亿韩元可转换债券。这家美国私募股权巨头将主要通过其Asia Fund IV进行投资。企业IT解决方案提供商三星SDS将利用这些资金来增强其基础设施和能力等。三星SDS还将与KKR在增长战略和其他价值创造举措上进行合作，包括向新业务领域扩张。两家公司表示，KKR将为三星SDS的管理层在并购和资本配置等领域提供积极的咨询服务。 责任编辑：王永生
Sundry Photography/iStock Editorial via Getty Images Earlier this year, I reiterated my buy rating on BlackRock, Inc. ( BLK ) for the second straight time, citing strong net inflows, an aggressive push into alternatives, and a valuation that was still attractive. Since then, a private credit crisis of confidence has unfolded, and a war in the Middle East has arisen. Therefore, while the stock's ~7...
Sundry Photography/iStock Editorial via Getty Images Earlier this year, I reiterated my buy rating on BlackRock, Inc. ( BLK ) for the second straight time, citing strong net inflows, an aggressive push into alternatives, and a valuation that was still attractive. Since then, a private credit crisis of confidence has unfolded, and a war in the Middle East has arisen. Therefore, while the stock's ~7% declines since the publication of my previous article are undesirable for the bulls, I would say that BlackRock has held up alright, all things considered. The asset management giant reported their 2026 Q1 results just this morning (April 14th), and so today, I will be providing a much-needed update for readers. Seeking Alpha Below, it is shown that BlackRock's Q1 was another strong quarter for the firm. Net flows were overall solid, and operating margin expansion showed that the business is getting well run. BlackRock has continued its move into alternatives, and while private credit is definitely a risk worth monitoring, in the grand scheme of things their exposure is nowhere near terrifying. With the valuation below where it was in my previous article, I believe a reiteration of my buy rating is justified. Net Flows Show Resilience BlackRock Q1 Supplement As always, a deep dive into their net flow stats should give us a good understanding of where their business is right now and the risk appetite of investors. For the firm as a whole, they saw net inflows of $130 billion. That is more than we saw in the year-ago quarter, and you can see above that the LTM organic asset growth rate has remained strong at 6%. An even more encouraging sign is the fact that LTM organic base fee growth accelerated from the previous quarter. In fact, growth has been on a steady uptrend to show that BlackRock is monetizing their huge AUM in an increasingly effective manner overall. In my previous article, I highlighted a contrast between retail investor and institutional investor behavior, an...