Encompass Health Corporation EHC recently disclosed plans to construct a new freestanding inpatient rehabilitation hospital in Bear, DE. The facility will be equipped with 40 beds. The hospital will comprise private patient rooms, a large therapy gym equipped with advanced rehabilitation technology, a suite for daily living activities, an on-site dialysis unit and several other amenities. Thus, the facility will be equipped to provide physical, occupational and speech therapy services to patients recovering from serious illnesses and injuries. Treatment will be delivered by a team of specialized nurses, therapists and physicians, and a round-the-clock nursing care facility will also be available. This, in turn, is expected to help patients across New Castle County and nearby communities with improved health outcomes and ensure their quicker return to normal daily activities. Encompass Health’s Motive Behind the Recent Move Apart from bringing better health outcomes for the targeted patient community, the recent move reflects Encompass Health's sincere efforts to strengthen its presence in Delaware. Once operational, the Bear facility will become EHC’s second location across the state, in addition to another one in Middletown. By continuously expanding its nationwide network of inpatient rehabilitation hospitals, Encompass Health strengthens its ability to serve a growing patient base while driving higher revenues. Increased patient volumes naturally contribute to stronger revenue performance for healthcare providers like EHC. In 2025, the company generated $5.9 billion in revenues, marking a 10.5% increase compared with the previous year. At present, Encompass Health operates 174 rehabilitation hospitals across 39 states and Puerto Rico. This expansive portfolio is the result of a proactive growth strategy that includes both independently developed facilities and facilities built through partnerships with regional healthcare providers. The most recent addition to it...

Brent up but off highs, US crude finishes with small loss Reuters

格隆汇3月20日｜据半岛电视台：以色列广播局援引消息人士称，预计以色列与美国的联合行动将再持续数周。

Gold.com GOLD boasts an impressive acquisition portfolio that has expanded scale and capabilities, while widening global presence. As a rebranded, fully integrated precious metals platform, GOLD’s merger and acquisition story, besides being a growth lever, gives competitive advantage across distribution, product breadth and operational efficiency. Gold.com leverages acquisitions to rapidly scale its direct-to-consumer (DTC) ecosystem. The acquisition of Monex Deposit Company, with its diversified customer base and established storage capabilities, strengthens Gold.com’s vertically integrated model. This transaction not only enhances product offerings but also improves operational efficiency and deepens customer value through cross-selling opportunities and streamlined services. Geographic expansion is another critical benefit. GOLD has increased its stake in UK-based Atkinsons Bullion & Coins by 24.5% to 49.5% and strengthened its European presence. This provides a scalable platform for international DTC growth, reduces dependence on any single market and positions the company to capture demand in regions with a strong affinity for precious metals investing. Gold.com’s acquisition history—spanning businesses such as SGI, Pinehurst, AMS and SGB—reflects a consistent strategy of acquiring niche leaders across the value chain and integrating them into a unified platform. This approach expands product offerings across bullion, coins and collectibles, while diversifying revenue streams and strengthening multi-channel distribution. Acquisitions are also driving margin expansion through synergies. Management stated its strategic focus remains on integrating and realizing cost savings and the synergies from recent acquisitions, expanding both domestic and geographic reach as well as further diversifying the customer base. What About Peers? Coinbase Global COIN is increasingly leaning on inorganic growth, and its acquisition story is impressive. COIN’s targeted acquisitions ...

Analysts expect Rivian (RIVN +1.35%) to report its next earnings in early May. That earnings announcement will offer financial results for the first quarter of 2026. There should be plenty of critical updates delivered to investors. There are two catalysts in particular that could be revealed that day. Both catalysts hold the potential to send Rivian's stock price soaring. 1. Updates on Rivian's new affordable SUV The very first revelation that investors should be looking for in Rivian's next earnings report is an update on the company's newest vehicle launch. The R2 SUV is Rivian's first vehicle with a base price starting under $50,000. Previously, the company only had two models on the market, both luxury trucks offered at a price too high for most consumers to afford. The R2 marks the company's first real vehicle for the "mass market," theoretically making Rivian's products accessible to tens of millions of new buyers. The R2 was in development for years. But deliveries are expected to begin in April, starting with a higher trim variant for select customers. So don't expect total deliveries to be very high by May. But what investors should be paying attention to is whether initial deliveries started on time, whether the backend manufacturing capacity is scaling as expected, and how the latest reservation numbers have grown or shrunk. Delays in initial shipments and unforeseen issues in scaling up production have proven common in the EV industry. But Rivian is my top growth stock in 2026 for a reason. If deliveries, production scaling, and reservations look to be on track, expect the market to reward the company's relatively paltry valuation of just 3.3 times sales. Expand NASDAQ : RIVN Rivian Automotive Today's Change ( 1.35 %) $ 0.21 Current Price $ 15.74 Key Data Points Market Cap $19B Day's Range $ 15.55 - $ 17.11 52wk Range $ 10.36 - $ 22.69 Volume 2.4M Avg Vol 31M Gross Margin -276.59 % 2. Rivian could reveal more AI updates Bona fide artificial intelligence...

Rasi Bhadramani/iStock via Getty Images By Zain Vawda Oil prices surged in early trade today as Brent crude oil prices surged toward a high near the $114 per barrel mark. The rally, which saw Brent ( CO1:COM ) hit a high of $114 and WTI ( CL1:COM ) cross the $105 mark, was triggered by a dangerous escalation in Middle Eastern hostilities that now directly threatens the world’s most vital energy infrastructure. The Catalyst: Attacks on Energy Hearts The primary driver behind the price spike was a series of kinetic strikes on Iranian oil facilities and the subsequent expansion of the conflict. Reports confirmed Israeli airstrikes targeting Iran's South Pars gas field, but the US and Qatar were not involved, Trump said late Wednesday. In a retaliatory move that sent shockwaves through trading floors, Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a formal warning that it would target oil installations in Saudi Arabia, the United Arab Emirates ( UAE ), and Qatar. Because these three nations represent approximately 20-25% of global crude exports, the threat transformed a regional conflict into a systemic risk for the global economy. Recent missile and drone attacks have caused major damage to energy facilities across several countries. Some of the attacks are listed below. Qatar: Missiles hit the world’s largest LNG (natural gas) plants and a major Shell facility, stopping production and causing European gas prices to spike. Saudi Arabia: The military stopped several missiles and drones, but an aerial attack on a refinery in Yanbu briefly disrupted oil shipments. Kuwait: A drone strike started a fire at a refinery, though it was contained. For context, Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO told Reuters on Thursday. QatarEnergy had declared force majeure on its entire output of LNG, after earl...

Key Points Rivian reports earnings in early May. Updates on two major catalysts could be on the way. 10 stocks we like better than Rivian Automotive › Analysts expect Rivian (NASDAQ: RIVN) to report its next earnings in early May. That earnings announcement will offer financial results for the first quarter of 2026. There should be plenty of critical updates delivered to investors. There are two catalysts in particular that could be revealed that day. Both catalysts hold the potential to send Rivian's stock price soaring. 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. Updates on Rivian's new affordable SUV The very first revelation that investors should be looking for in Rivian's next earnings report is an update on the company's newest vehicle launch. The R2 SUV is Rivian's first vehicle with a base price starting under $50,000. Previously, the company only had two models on the market, both luxury trucks offered at a price too high for most consumers to afford. The R2 marks the company's first real vehicle for the "mass market," theoretically making Rivian's products accessible to tens of millions of new buyers. The R2 was in development for years. But deliveries are expected to begin in April, starting with a higher trim variant for select customers. So don't expect total deliveries to be very high by May. But what investors should be paying attention to is whether initial deliveries started on time, whether the backend manufacturing capacity is scaling as expected, and how the latest reservation numbers have grown or shrunk. Delays in initial shipments and unforeseen issues in scaling up production have proven common in the EV industry. But Rivian is my top growth stock in 2026 for a reason. If deliveries, production scaling, and reservations look to be on track, expect the market to rewar...

Available for over a year Today, President Trump has threatened that the US “will massively blow up” the world’s largest gas field if Iran attacks Qatar again. This comes after Iran bombed Qatar's Ras Laffan energy complex, in retaliation against Israel attacking its South Pars Gas Field - all of which has sent gas prices skyrocketing. Adam is joined by chief international correspondent Lyse Doucet and deputy economics editor Dharshini David to discuss what this means for the war and energy prices around the world. Meanwhile, health correspondent Jim Reed joins Adam to discuss the latest report in the Covid-19 inquiry, which found the NHS came close to collapse at the height of the pandemic. You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://bbc.in/newscastdiscord Get in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480. New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Jack Maclaren with Shiler Mahmoudi, Anna Harris and Harry Craig. The social producer was Gabriel Purcell-Davis. The technical producer was Jack Graysmark. The assistant editor is Chris Gray. The senior news editor is Sam Bonham. Programme Website

As artificial intelligence fears grip the white-collar world , Oppenheimer believes that the technology may ignite a "blue-collar renaissance" by driving up demand for the power and machines that will fuel the new technology. Concerns over AI disruption have gripped markets this year, leading to growing concerns about unemployment. Software, in particular, is an industry investors fear could be hammered by AI advancements. The sector has sold off this year, with the iShares Expanded Tech-Software Sector ETF (IGV) down 20% year to date. Just last month, fintech provider Block said it was laying off more than 4,000 employees , nearly half its workforce. Recent economic data has shown the same weakness, with nonfarm payrolls falling by 92,000 in February . The unemployment rate edged higher, to 4.4%. But Oppenheimer is hopeful that even if surging AI adoption disrupts office jobs, it can open doors elsewhere in the skilled trades . U.S. manufacturing employment saw significant losses last year, with the National Association of Manufacturers estimating that as of January 2026, employment in the sector is still below its pre-pandemic levels . "If one side of the AI-labor displacement debate is the rapid rightsizing of certain categories of white-collar office jobs, the other side is the resurgence in traditionally 'blue collar' jobs producing goods and services not easily displaced by code or text generation automation," a team of Oppenheimer analysts led by Colin Rusch wrote in a recent report. "Yes, we believe the robots are coming to their assistance, but the world still needs the skilled workforce to build and service the machines that build the machines." Rusch called the phenomenon a "nuanced reshaping of the labor market." "Demand for more traditionally 'blue collar' jobs producing goods and services does not align with available supply, driving the need for incremental productivity technologies," he wrote. "We see a multi-year supportive backdrop across our Indus...

Weekly quiz: How did this man turn himself blue? How much attention did you pay to what happened in the world over the past seven days?

narvo vexar/iStock via Getty Images BYD Company ( BYDDF ) ( BYDDY ) plans to invest about $57M in a new automotive research and testing center in Rio de Janeiro. The project will deepen the company's Brazilian electric vehicle footprint. Construction is expected to start toward the end of 2026, with operations slated to begin around 2028. The complex will be built on a site of more than 180K square meters near Galeão International Airport, which will give the electric vehicle maker easy logistics access and prominent visibility to international visitors. BYD's ( BYDDF ) ( BYDDY ) plan is to create a dedicated hub to test electric vehicles for speed, power output, endurance, durability, and performance under varied driving conditions, including specialized tracks that simulate different road environments and an off-road circuit. Notably, the facility will also generate data specific to tropical climates, helping the company adapt products and technologies to Brazil and other emerging markets. The center is inspired by a similar BYD testing complex in Zhengzhou, China, and will serve as a key R&D pillar alongside the company’s major manufacturing plant in Camaçari in Bahia. BYD ( BYDDY ) ( BYDDF ) executives describe the Rio site as reinforcing Brazil’s strategic role in the company's international expansion and in the future of electric mobility in Latin America. More on BYD BYD Tech Advances, Interest In Racing Are Clues To Further International Expansion BYD: Too Cheap To Ignore, Too Unclear To Buy BYD: King Of EVs With Ambitious Overseas Expansion Plans - Reiterate Buy China’s BYD considers making cars in Canada, buying rivals - report China's auto sales fall sharply in February as subsidies fade

Getty Images Pessimism among individual investors about the short-term outlook for stocks increased in the latest AAII Sentiment Survey. Meanwhile, optimism and neutral sentiment decreased. Bullish sentiment, expectations that stock prices will rise over the next six months, decreased 1.5 percentage points to 30.4%. Bullish sentiment is below its historical average of 37.5% for the fifth consecutive week. Neutral sentiment, expectations that stock prices will stay essentially unchanged over the next six months, decreased 4.1 percentage points to 17.6%. Neutral sentiment is unusually low and is below its historical average of 31.5% for the 87th time in 89 weeks. Bearish sentiment, expectations that stock prices will fall over the next six months, increased 5.6 percentage points to 52.0%. Bearish sentiment is unusually high and is above its historical average of 31.0% for the sixth consecutive week. The bull-bear spread (bullish minus bearish sentiment) decreased 7.2 percentage points to –21.6%. The bull-bear spread is unusually low and is below its historical average of 6.5% for the sixth consecutive week. This week’s special question asked AAII members which market-capitalization style of stocks they expect to outperform over the next six months. Here is how they responded: Small-cap stocks: 19.1% Mid-cap stocks: 15.8% Large-cap stocks: 30.2% Not sure/no opinion: 34.9% This week’s Sentiment Survey results: Bullish: 30.4%, down 1.5 percentage points Neutral: 17.6%, down 4.1 percentage points Bearish: 52.0%, up 5.6 percentage points Historical averages: Bullish: 37.5% Neutral: 31.5% Bearish: 31.0% The AAII Sentiment Survey has been conducted weekly since July 1987. The survey and its results are available online . If you want to become an effective manager of your own assets and achieve your financial goals, consider a risk-free 30-day Trial AAII Membership .

Oil and natural gas prices keep surging as attacks escalate in the Persian Gulf. The world's largest liquified natural gas plant in Qatar was hit by an Iranian missile. This as prices for gold and silver plunge. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has more. (Source: Bloomberg)

格隆汇3月20日｜乌克兰总统泽连斯基：是时候结束俄乌谈判的暂停了。

欧洲债市熊平，利差走阔，面对能源价格飙升，交易员加大对货币政策收紧的押注。英国国债领跌，此前英国央行立场较预期更为鹰派，推动收益率上行。欧洲央行的表态相较市场预期更为平衡。 欧洲央行行长克里斯蒂娜·拉加德表示，在连续第六次会议维持利率不变后，欧洲央行已做好充分准备应对伊朗战争带来的日益加剧的风险。 知情人士称，如果伊朗战争的波及效应导致通胀远超目标，决策者准备最快在下次会议上加息。 年底利率定价显示，市场预计货币政策将收紧71个基点，高于周三约50个基点的水平。 英国央行警告称“随时准备采取行动”以应对通胀，这推动短期英国国债收益率大幅上升。 2年期收益率录得自2022年以来最大涨幅，收益率曲线显著趋平。 年底利率定价显示，市场预计货币政策将收紧71个基点，较前一日的22个基点大幅上升。 市场： 德国10年期国债收益率上涨1个基点，报2.95%，德国国债期货下跌5.00个点，报126.05%。 意大利10年期国债收益率上涨4个基点，报3.77%，意大利与德国国债利差扩大3个基点，报82个基点。 法国10年期国债收益率上涨3个基点，报3.64%。 10年期英国国债收益率上涨10个基点，报4.84%。 责任编辑：王许宁

peshkov/iStock via Getty Images The stock market did not perform great in the last few months – especially when compared to previous years. The S&P 500 basically stagnated in the last six months. But when looking at the performance across different sectors and industries, we see that financial data companies are rather displayed in red on the chart. S&P 500 6-month performance (Finviz) And one of the companies that was affected heavily was FactSet Research Systems, Inc. ( FDS ). I already published an article about the company in September 2025, when the stock was still trading slightly above $300, and in the conclusion of my article, I wrote: In my opinion, FactSet is a great business with a wide economic moat and sustainable business model. In the recent past, the business was struggling, and therefore a lower stock price was probably justified. However, FactSet is now down about 40% from its previous all-time high, and this decline makes it rather undervalued and a “buy” at this point. (…) But while FactSet is trading below its intrinsic value in my opinion, we still should be cautious. Stock markets usually tend to swing from one extreme sentiment to another. It is rather the exception that stocks are trading close to the intrinsic value – instead, the stock price usually swings from overvaluation to undervaluation and is kind of oscillating around its intrinsic value. In case of FactSet this could lead to even lower stock price over the next few quarters—although the stock seems oversold right now and the previous low around $295 could be a strong support level. Data by YCharts Since my last article was published, the stock declined more than 30% again, and the stock has now declined 55% from its 52-week high and 57% from its all-time high. In the following article, I will make the argument once again that FactSet is a “Buy” – mostly due to the low valuation multiples it is trading for. Additionally, while acknowledging some risk for the business, I think GenAI...

Apple (AAPL) Stock Jumps After China iPhone Sales Surge 23% CoinCentral

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. DNOW (NYSE:DNOW) is working through material integration challenges tied to its MRC Global acquisition, with Oracle ERP issues affecting roughly 40% of its U.S. operations. The company is also facing legal scrutiny over potentially misleading business information following a sharp share price drop after disappointing Q4 2025 financial results. Operational disruptions and legal questions are now central to the near term risk profile for DNOW and are drawing increased attention from investors and regulators. DNOW supplies energy and industrial customers with distribution, supply chain and related services, so system reliability and order execution are core to its business model. When a large acquisition like MRC Global is combined with a complex Oracle ERP rollout, disruption can spill into day to day operations and customer relationships. For investors, the current issues sit alongside existing sector themes such as supply chain resilience, digital systems integration and customer service continuity. Looking ahead, the key questions are how quickly DNOW can stabilize its Oracle ERP environment and how the legal review around its business disclosures progresses. The answers are likely to influence financing flexibility, acquisition appetite and management bandwidth. These factors will also be important for understanding how the MRC Global deal ultimately shapes DNOW’s overall risk and return profile. Stay updated on the most important news stories for DNOW by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on DNOW. NYSE:DNOW 1-Year Stock Price Chart Is DNOW's balance sheet strong enough for future acquisitions? Dive into our detailed financial health analysis. The integration issues tied to the MRC Global acquisition go right to the heart o...

A reformed Lords could give us the best of all worlds: a chamber that connects and legitimises the disparate parts of our higgledy-piggledy devolved constitution without challenging the primacy of the directly elected Commons (So long, hereditary peers – but the Lords is still full of absurd anachronisms, 13 March). Three-quarters of its members could be indirectly elected by local councillors, with temporary seats reserved for the heads of the national governments and regional mayors. Party leaders not yet in the Commons – such as Zack Polanski – could also sit there. The remaining seats could be time‑limited appointments for experts such as retired civil servants and former ministers, perhaps with different voting rights. An independent commission could oversee appointments, vet eligibility and weed out dodgy donors. Such a chamber would empower the regions, give popular leaders such as Andy Burnham a route into parliament (while still serving Manchester) and give us one more reason to turn out in local elections. Timothy Bailey Oxford I note that hereditary peers will soon disappear completely. However, for some strange reason, 26 bishops will remain in the House of Lords. Admittedly, there are still a number of theocracies in the world, but why are we still one of them? I can see no particular justification for this. We are increasingly a secular country and the relevance of the established church becomes weaker by the year. It saddens me, but that is the reality. Let us have an upper house that truly reflects the UK. Ian Duckworth Billington, Lancashire Reduce the Lords to 400 members, with 300 appointed on merit by an independent committee, not because they are party donors or long-serving civil servants. They should be contracted to attend a minimum number of days a year at a modest day rate. And 100 could be separately elected at the same time as a general election. No bishops unless they make it into the group of 300. No patronage by prime ministers. No her...

Key Points Lloyd Harbor initiated a 190,000-share stake in Celanese; estimated trade size $8.03 million (based on quarterly average price). Quarter-end position value rose by $8.03 million, reflecting the purchase of new shares. The transaction represented a 3.87% increase relative to Lloyd Harbor’s 13F AUM for the quarter. Post-trade holding: 190,000 shares valued at $8.03 million (3.87% of fund AUM). Celanese enters as a new position, but ranks outside the fund’s top five holdings. 10 stocks we like better than Celanese › What happened Lloyd Harbor Capital Management, LLC’s latest SEC filing shows the fund opened a new position in Celanese (NYSE:CE) during the fourth quarter, acquiring 190,000 shares. The estimated transaction value was $8.03 million, calculated using the average quarterly closing price. The resulting quarter-end value for the stake also totaled $8.03 million, as reported in the filing. The change reflects the purchase of new shares. What else to know This was a new position for the fund, accounting for 3.87% of its 13F reportable assets under management as of Dec. 31, 2025. Top holdings after the filing included: NexGen Energy : $27.94 million (15.1% of AUM) Cameco : $24.47 million (13.2% of AUM) Solstice Advanced Materials : $16.76 million (9.0% of AUM) Sprotts Uranium Miners ETF : $16.64 million (9.0% of AUM) Denison Mines : $16.23 million (8.8% of AUM) As of March 19, 2026, shares were priced at $59.01, up 0.84% over the past year and underperforming the S&P 500 by 16 percentage points. The fund reported 19 total positions post-filing, with Celanese’s new stake ranking outside its top five holdings. Lloyd Harbor Capital Management reported a 19% quarter-over-quarter reduction in total 13F AUM. Company Overview Metric Value Revenue (TTM) $9.54 billion Net Income (TTM) ($1.13 billion) Dividend Yield 0.20% Price (as of market close March 19, 2026) $59.01 Company Snapshot Celanese: Produces engineered polymers, acetate tow, acetyl products, and sp...

Tesla, Alibaba among market cap stock movers on Thursday Investing.com

Is Intel Corporation (INTC) a good stock to buy now? msn.com

格隆汇3月20日｜WTI原油日内大跌4.00%，现报95.58美元/桶。布伦特原油向下触及104美元/桶，日内跌3.03%。

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are falling for the second session in a row, as the S & P 500 makes a new low for 2026. The drawdown from the record high close on Jan. 27 has now reached roughly 5.75%. Historically, the S & P 500 experiences a 5% pullback a few times per year, but they never feel good while it's happening. Keeping emotions in check is exactly why we lean on the S & P Oscillator in stretches like this. This technical indicator helps us identify when the market has become oversold and sentiment has turned too negative. The deeply oversold condition is why we've been picking at one or two stocks to buy small each day while keeping plenty of dry powder in case geopolitical tensions escalate and push oil prices higher. DuPont is seeking stockholder approval for a reverse stock split in the 1-for-2 to 1-for-4 range, with the exact ratio to be determined by its board, the company announced late Wednesday. You don't often see reverse stock splits among established companies; typically, they are undertaken by smaller companies whose stock prices have fallen sharply and need to be above a certain threshold to maintain their exchange listing. However, there is some precedent from a fellow industrial that also underwent a significant number of changes. GE did a 1 for 8 reverse split in July 2021. This predated the spinoffs of GE Healthcare and GE Vernova . The company made this move to shrink its roughly 8.8 billion outstanding shares at the time "to levels that are better aligned with companies of GE's size and scope." DuPont ended 2025 with roughly 420 million shares outstanding, making this a much different case than GE. We'd like more clarity on why DuPont is pursuing this, but the company has built goodwill with investors over the past six months following the value-creating spinoff of Qnity Electronics . Speaki...

格隆汇3月20日｜乌克兰总统泽连斯基：乌克兰谈判代表将于周六在美国进行会谈。

Tesla (NASDAQ:TSLA) stock is slipping 3% in Thursday trading, with shares hovering around $382 as of midday. That puts TSLA down 15% year-to-date from its $449.72 close on December 31. Today’s session is not a simple story. Three distinct catalysts are hitting the stock simultaneously, and they are not pointing in the same direction. Regulators ... Tesla Fades: Three Big Stories Are Moving the Stock Today and They’re Pulling in Different Directions

Kevin Warsh, President Donald Trump’s pick to replace Powell, is currently stuck in a Senate quagmire.

Aggressive price action early Thursday across the cash and futures markets covering US rates, and the subsequent bounce-back across many assets showed footprints of position flush-outs — exacerbating the price action over a manic few minutes around 8:30am New York time. In the cash curve, a sharp flattening move dropped the spread between 2- and 10-year yields by almost 8 basis points over a 4 minute period, to its lowest level in almost a year. Steepeners were very popular among hedge funds, and a lot of the movement Thursday was caused by the unwind of that trade, said Brij Khurana , portfolio manager at Wellington Management . “This is a pretty big flush out in terms of steepeners.” Swap spreads, a highly leveraged strategy favored by hedge funds, also showed signs of strain for the once popular and highly crowded widener positions . The trade, essentially a bet that Treasuries will outperform similar-maturity interest-rate swaps, widening the yield gap between the two, has unwound since Tuesday and that move extended early Thursday. The widener position is another “very consensus trade,” Khurana adds. “That spread has moved almost 25 basis points already as well. So I think that’s another flush out and an example that even in a world of higher inflation and more fears of Treasury supply, that’s actually and obviously making swap spreads more narrow.” To be sure, a recent note from Barclay’s strategists has dampened expectations that swap spreads revisit the extremes from April last year, which followed the White House’s “Liberation Day” tariffs announcement, citing a number of key differences between now and then including a less crowded widener position. After dropping as low as minus 85 basis points on Thursday, tightest since September, long-end swap spreads have since bounced back inside the weekly lows. In fed funds futures, the dramatic repricing of Federal Reserve rate hikes into the May contract has been met with record daily volumes in the tenor being m...

格隆汇3月20日｜市场消息：斯洛文尼亚将释放3000万升柴油储备。

Liz Kendall is right to warn that the UK must not let quantum computing talent slip through its fingers (UK must learn lessons from AI race and retain its quantum computing talent, says minister, 17 March). However, UK Research and Innovation’s current funding decisions risk doing exactly that. The government has announced £1bn for quantum computing, but it is cutting support for fundamental research in particle physics, astronomy and nuclear physics (PPAN). These are not separate issues. It is precisely the kind of blue-sky research funded through PPAN that trains the scientists and develops the ideas that underpin emerging technologies like quantum computing. The UK is trying to build a quantum ecosystem while hollowing out the academic pipeline that produces the talent. I am an early-career researcher working at the interface of quantum computing and quantum field theory. Due to proposed cuts and delays to PPAN funding, the only opportunities available to me are now in countries with more stable and predictable investment in research. Many others face similar decisions. Early-career researchers are the first to absorb funding uncertainty and are internationally mobile. Given the cuts to PPAN science, the very people who the minister claims to want to retain are leaving the country. Ambition in quantum is welcome, but it cannot succeed without sustained investment in people and fundamental science. If the UK wants to lead in the technologies of the future, it must also protect the research base that makes them possible. Dr Simon Williams Institute for Particle Physics Phenomenology, University of Durham