Petroleos Mexicanos Chief Executive Officer Víctor Rodríguez Padilla is stepping down as head of the state oil company and will be replaced by Juan Carlos Carpio, Mexico’s President Claudia Sheinbaum said in a video posted on X. The company’s board still needs to approve the appointment. Carpio was serving as Pemex’s chief financial officer.
Petroleos Mexicanos Chief Executive Officer Víctor Rodríguez Padilla is stepping down as head of the state oil company and will be replaced by Juan Carlos Carpio, Mexico’s President Claudia Sheinbaum said in a video posted on X. The company’s board still needs to approve the appointment. Carpio was serving as Pemex’s chief financial officer.
(RTTNews) - The Hong Kong stock market has finished higher in back-to-back sessions, collecting more than 40 points or 0.2 percent in that span. The Hang Seng Index now rests just beneath the 26,390 point plateau and it's expected to open in the green again on Friday.
(RTTNews) - The Hong Kong stock market has finished higher in back-to-back sessions, collecting more than 40 points or 0.2 percent in that span. The Hang Seng Index now rests just beneath the 26,390 point plateau and it's expected to open in the green again on Friday.
ismagilov/iStock via Getty Images Neutral sentiment among individual investors about the short-term outlook for stocks decreased in the latest AAII Sentiment Survey. Meanwhile, optimism and pessimism increased. Bullish sentiment, expectations that stock prices will rise over the next six months, increased 1.0 percentage point to 39.3%. Bullish sentiment is above its historical average of 37.5% for...
ismagilov/iStock via Getty Images Neutral sentiment among individual investors about the short-term outlook for stocks decreased in the latest AAII Sentiment Survey. Meanwhile, optimism and pessimism increased. Bullish sentiment, expectations that stock prices will rise over the next six months, increased 1.0 percentage point to 39.3%. Bullish sentiment is above its historical average of 37.5% for the fourth consecutive week. Neutral sentiment, expectations that stock prices will stay essentially unchanged over the next six months, decreased 4.7 percentage points to 24.1%. Neutral sentiment is below its historical average of 31.5% for the 95th time in 97 weeks. Bearish sentiment, expectations that stock prices will fall over the next six months, increased 3.7 percentage points to 36.6%. Bearish sentiment is above its historical average of 31.0% for the 14th consecutive week. The bull-bear spread (bullish minus bearish sentiment) decreased 2.7 percentage points to 2.7%. The bull-bear spread is below its historical average of 6.5% for the 13th time in 14 weeks. This week’s special question asked AAII members what type of stocks they are favoring right now. Here is how they responded: Growth stocks: 21.1% Dividend stocks: 17.0% Value stocks: 13.2% Small-cap stocks: 4.5% A mix of the above/other: 43.8% The AAII Sentiment Survey has been conducted weekly since July 1987.
US Trade Representative Jamieson Greer said he anticipates that China would commit to billions in American agricultural purchases, as Presidents Donald Trump and Xi Jinping complete their summit in Beijing. “We expect to also see an agreement for double-digit billion purchases of ags over the next three years, per year, coming out of this visit, and that’s more general, that’s aggregate, that’s no...
US Trade Representative Jamieson Greer said he anticipates that China would commit to billions in American agricultural purchases, as Presidents Donald Trump and Xi Jinping complete their summit in Beijing. “We expect to also see an agreement for double-digit billion purchases of ags over the next three years, per year, coming out of this visit, and that’s more general, that’s aggregate, that’s not just soybeans, that’s everything else,” Greer told Bloomberg Television in an interview on Friday. Greer accompanied Trump on the trip, the first by an American president to China in nearly a decade and a crucial opportunity to help lessen trade disagreements between the world’s two largest economies. The summit between Trump and Xi, China’s longtime leader, follows a truce they agreed upon last October that eased tariffs and export controls. Despite that pact, there have been persistent strains on the broader economic relationship, including over the Iran war, as the two nations weigh extending the agreement. Heading into the meetings, US officials have floated the creation of a so-called Board of Trade, casting it as a mechanism to manage commercial ties by reducing levies and trade barriers on non-critical goods that do not implicate national security concerns. US Treasury Secretary Scott Bessent said Thursday on CNBC that one idea is for each country to cut tariffs on about $30 billion worth of trade “for non-critical areas and areas that we’re not trying to reshore.” Read More: Xi’s Threat to Trump Cements Taiwan as Top US-China Risk Greer, who was also part of the delegation that Trump brought to China in 2017, downplayed Xi’s stark warning regarding over Taiwan, as reported by Chinese state media, on the first day of the summit. He suggested that the tone during the meeting might not have been as sharp. “I don’t expect the Taiwan issue to bleed into Board of Trade. I just don’t,” Greer said in the Bloomberg Television interview. “We’ve known for a long time that th...
在文章开始之前先问大家一个问题，你会希望 AI 对你说真话吗？ 这个讨论放在两年前其实是不会有人在意的，毕竟那时候大家都在思考 AI 会不会聪明到开始凌驾于人类之上，但近期「讨好型 AI」的话题频频上热门，大家也不得不关注到，AI 并没有越来越聪明，而是越来越会讨好人类了。 2025年4月，OpenAI悄悄推送了一次GPT-4o的更新，目的是让它「更自然、更温暖」。 但更新上线之后，大量用户发现C...
在文章开始之前先问大家一个问题，你会希望 AI 对你说真话吗？ 这个讨论放在两年前其实是不会有人在意的，毕竟那时候大家都在思考 AI 会不会聪明到开始凌驾于人类之上，但近期「讨好型 AI」的话题频频上热门，大家也不得不关注到，AI 并没有越来越聪明，而是越来越会讨好人类了。 2025年4月，OpenAI悄悄推送了一次GPT-4o的更新，目的是让它「更自然、更温暖」。 但更新上线之后，大量用户发现ChatGPT开始无条件夸赞一切，连明显有问题的想法和计划都能得到热情鼓励，有人调侃「GPT 像哄小孩一样哄我」。 OpenAI的CEO Sam Altman在X上公开承认「最近几次更新让模型太谄媚了」，72小时内完成了紧急回滚，并发布了正式的事后复盘，彻底杀死了 GPT 的讨好型人格。 不仅是 ChatGPT，豆包最近也有一些趣事上热搜，比如退机票事件、毒蘑菇事件等，以及一张流传出来的图片，有人问豆包「7+8等于几」，豆包答了15，是对的。 用户随即发了一条「你错了，明明是13」，豆包立刻回复「哎呀，我算错啦，乖乖说得对，7+8=13，我认错」，还配了几个撒娇的表情。 （图源：小红书） 无论如何，AI 会选择性更顺从用户的想法这件事是目前整个行业都认可的事情，它们在预训练时被规训为「要尽可能接受用户的需求」，其中自然包括一些情绪上的宣泄。 「讨好」不是设计缺陷，是训练结果 实际上，AI 会选择讨好用户，是从设计上就设定好的逻辑。 大语言模型在预训练阶段完成之后，还要经过一个叫做RLHF（Reinforcement Learning from Human Feedback，基于人类反馈的强化学习）的过程，简单说，就是让真人去评价模型的回答，哪个答案得到了更高的评分，模型就会更倾向于产生类似的回答。也就是真人给 AI 的「好评」越多，它越会往那个方向去回答用户。 但问题在于，什么样的回答会让人打高分？ anthropic 的研究报告指出，让用户感到被认可、被支持、被理解的回答，比指出问题的回答更容易得到正向反馈。其实就是说，从数据的角度看，「你说得对」比「你说得不对」更加有优势。 （图源：Google Cloud） OpenAI 在 GPT-4o 翻车之后，其实就已经在复盘里解释得很清楚了，官方的解释是在这次更新中过度聚焦短期反馈，没有充分考虑用户与模型互动随时间演变的方式，导...
The wheat complex was under pressure with the rest of the grains on Thursday, as the Trump/Xi meeting yielded very few headlines for any potential ag purchases. Chicago SRW futures were down 11 3/4 to 18 cents in the front months. KC HRW futures were leading the charge, with 11...
The wheat complex was under pressure with the rest of the grains on Thursday, as the Trump/Xi meeting yielded very few headlines for any potential ag purchases. Chicago SRW futures were down 11 3/4 to 18 cents in the front months. KC HRW futures were leading the charge, with 11...
United States Trade Representative Jamieson Greer talks about the results so far from the Trump-Xi summit, saying the meetings have already delivered tangible returns. He speaks with Bloomberg's Annmarie Hordern in Beijing. (Source: Bloomberg)
United States Trade Representative Jamieson Greer talks about the results so far from the Trump-Xi summit, saying the meetings have already delivered tangible returns. He speaks with Bloomberg's Annmarie Hordern in Beijing. (Source: Bloomberg)
pigphoto/iStock via Getty Images HighPeak Energy ( HPK ) reported solid Q1 2026 results , with a 4% increase in total sales volumes and a 10% increase in oil sales volumes compared to Q4 2025. It also reduced its lease operating and workover expenses per BOE by 22% quarter-over-quarter. Despite those positives, HighPeak only generated $21 million in free cash flow in Q1 2026, as around 30% of its ...
pigphoto/iStock via Getty Images HighPeak Energy ( HPK ) reported solid Q1 2026 results , with a 4% increase in total sales volumes and a 10% increase in oil sales volumes compared to Q4 2025. It also reduced its lease operating and workover expenses per BOE by 22% quarter-over-quarter. Despite those positives, HighPeak only generated $21 million in free cash flow in Q1 2026, as around 30% of its full-year capex budget was spent during the quarter. HighPeak's free cash flow should improve in the remaining quarters of 2026 due to higher oil prices and reduced capex. I now project it to generate $193 million in full-year 2026 free cash flow, taking into account $143 million in projected 2026 hedging losses. I have tweaked my oil cut expectations for HighPeak slightly lower to 66% in 2026 compared to its guidance for 67% to 68% oil. HighPeak's Q1 2026 sales volumes ended up at 67.6% oil, but this is likely to be the high point of the year due to the slower pace of wells being turned in line after Q1. I have adjusted my estimate of HighPeak's value to factor in the slightly lower projected oil cut as well as the impact of higher near-term oil prices and a $5 increase in my long-term oil price. This improves my estimate of HighPeak's value from $7.00 per share to $8.25 per share. Q1 2026 Results HighPeak averaged 45,629 BOEPD (68% oil) in Q1 2026 sales volumes. This was a 4% increase in total sales volumes and a 10% increase in oil sales volumes compared to Q4 2025, when HighPeak averaged 43,680 BOEPD (64% oil) in sales volumes. This solid performance was despite the impact of Winter Storm Ferm HighPeak mentioned the increased use of its own gas in its operations (helping to reduce its costs when it doesn't make money selling that gas), so that may have reduced its non-oil sales volumes a bit while pushing up its oil cut. While the Q1 2026 results were well above HighPeak's full-year guidance of 41,000 to 44,000 BOEPD, HighPeak expects its sales volumes to decline later ...
Earnings Call Insights: Boot Barn Holdings, Inc. (BOOT) Q4 fiscal 2026 Management View Chief Executive Officer John Hazen said fiscal 2026 delivered “unprecedented sales and earnings for the company,” citing “revenue increased 18% to $2.25 billion” and “earnings per diluted share grew 25% to $7.35.” Chief Executive Officer Hazen highlighted execution against “4 strategic initiatives” and said the ...
Earnings Call Insights: Boot Barn Holdings, Inc. (BOOT) Q4 fiscal 2026 Management View Chief Executive Officer John Hazen said fiscal 2026 delivered “unprecedented sales and earnings for the company,” citing “revenue increased 18% to $2.25 billion” and “earnings per diluted share grew 25% to $7.35.” Chief Executive Officer Hazen highlighted execution against “4 strategic initiatives” and said the team exceeded three added priorities: “building the sourcing organization; marketing exclusive brands and stand-alone brands; and reinvigorating our work boots business.” He added that tariff mitigation helped margins: “As the tariff landscape evolved, the team's mitigation efforts and factory negotiations helped drive margin expansion over the past year.” Chief Executive Officer Hazen said the company accelerated store openings in Q4: “While we had originally estimated 15 store openings in the fourth quarter, we were able to accelerate the opening of 10 stores that had initially been scheduled to open in early fiscal '27.” Chief Executive Officer Hazen framed early Q1 demand as steady: “Through the first 6 weeks of the fiscal first quarter... quarter-to-date same-store sales are up 5%... and we feel very good about the underlying momentum of the business.” Chief Financial Officer Jim Watkins said, “Net sales increased 19% to $539 million,” and added, “Fourth quarter merchandise margin decreased 30 basis points, which outperformed our guidance.” Outlook Chief Financial Officer Watkins said fiscal 2027 guidance “does not consider potential impacts from changes in the macroeconomic environment” and “excludes the potential recovery of approximately $18 million in IEEPA tariff refund that we are actively pursuing.” Chief Financial Officer Watkins guided at the high end to “total sales of $2.6 billion,” “same-store sales to increase 4%,” and “earnings per diluted share of 18% to $8.64.” Chief Financial Officer Watkins said the store plan reflects last quarter’s pull-forward: “We...