Mitchell Santner’s New Zealand side face their T20 World Cup group-stage conquerers in an intriguing semi-final In Colombo on Saturday New Zealand’s players and staff gathered in small groups at various locations around the city. One assembled in a beachside bar overlooking the Laccadive Sea, where they shared snacks, nursed drinks and tried their best to engage in conversation while making furtiv...
Mitchell Santner’s New Zealand side face their T20 World Cup group-stage conquerers in an intriguing semi-final In Colombo on Saturday New Zealand’s players and staff gathered in small groups at various locations around the city. One assembled in a beachside bar overlooking the Laccadive Sea, where they shared snacks, nursed drinks and tried their best to engage in conversation while making furtive glances towards the big screen. There was another in the team hotel, crammed into the room of their captain, Mitchell Santner. All of them monitored Pakistan’s game against Sri Lanka, and their pursuit of a victory that would enable them to pip the Black Caps to a place in the World Cup’s final four. In the end Pakistan did win , but not by the margin they required – and on Tuesday it was reported that the Pakistan Cricket Board had fined each player around £13,500 as punishment, informing them that if they can accept rewards for good performances they “must also pay penalties for poor ones”. Continue reading...
Key Points VCSH is more affordable and slightly higher-yielding than ISTB. ISTB holds a far broader mix of bonds, while VCSH concentrates on investment-grade corporates. Both funds saw similar five-year drawdowns, but VCSH retained a modest edge in risk-adjusted returns. 10 stocks we like better than iShares Trust - iShares Core 1-5 Year Usd Bond ETF › The Vanguard Short-Term Corporate Bond ETF (N...
Key Points VCSH is more affordable and slightly higher-yielding than ISTB. ISTB holds a far broader mix of bonds, while VCSH concentrates on investment-grade corporates. Both funds saw similar five-year drawdowns, but VCSH retained a modest edge in risk-adjusted returns. 10 stocks we like better than iShares Trust - iShares Core 1-5 Year Usd Bond ETF › The Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) stands out for its lower cost and slightly higher yield, while the iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) offers broader bond exposure and similar risk characteristics. Both VCSH and ISTB target short-term U.S. bond exposure, but with different approaches: VCSH focuses on high-quality corporate bonds, whereas ISTB mixes investment-grade and high-yield bonds across nearly 7,000 holdings. This comparison breaks down cost, performance, liquidity, and portfolio makeup to help investors see which may better fit their needs. Snapshot (cost & size) Metric VCSH ISTB Issuer Vanguard IShares Expense ratio 0.03% 0.06% 1-yr return (as of 2026-02-27) 6.0% 5.6% Dividend yield 4.4% 4.1% Beta 0.42 0.42 AUM $47.8 billion $4.8 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. VCSH is more affordable, charging half the expense ratio of ISTB, and it delivers a slightly higher yield, which may appeal to cost-conscious income seekers. Performance & risk comparison Metric VCSH ISTB Max drawdown (5 y) -9.49% -9.34% Growth of $1,000 over 5 years $969 $954 What's inside ISTB casts a wide net, holding nearly 7,000 U.S. dollar-denominated bonds with maturities between one and five years. The fund’s 13-year track record and broad diversification may appeal to those seeking exposure beyond just corporates. VCSH, by contrast, is tightly focused on investment-grade corporate bonds, with its largest holdings including U.S. Treasury issues and prominent ...
Prosecutors in the northern Italian city of Forlì are investigating an ambulance driver on suspicion of murdering five elderly patients. All the suspicious deaths occurred while or soon after the patients were transported in an ambulance driven by the 27-year-old man, lawyers of the victims told the Guardian. Investigative sources told the ANSA state news agency they believe the man, who worked fo...
Prosecutors in the northern Italian city of Forlì are investigating an ambulance driver on suspicion of murdering five elderly patients. All the suspicious deaths occurred while or soon after the patients were transported in an ambulance driven by the 27-year-old man, lawyers of the victims told the Guardian. Investigative sources told the ANSA state news agency they believe the man, who worked for the Italian Red Cross but has now been suspended, may have administered harmful substances to the patients during transfers between hospitals and care homes in the Emilia-Romagna region. Authorities are also examining additional cases, raising concerns that the number of potential victims could rise as the inquiry widens. The most recent case being investigated is that of an 85-year-old woman who died of a cardiac arrest in November 2025. All the patients suffered cardiac arrests while being transported in the ambulance operated out of Forlimpopoli, near Forlì. One died en route, the others either shortly afterwards or in the days that followed. For months, none of the relatives – most of whom believed their loved ones had been gravely ill – raised concerns. It was only when the family of one of the victims reportedly requested an autopsy that suspicions began. “It is important to stress that these are not ordinary ambulances with sirens blaring for patients rushing to hospital,” said Max Starni and Massimo Mambelli, lawyers representing the family of the patient, who died in November. They added: “These ambulances are generally used for routine transport … for example taking patients from a care home to hospital for an appointment. That is why there are only two drivers on board, and no nurse.” In the case handled by Starni and Mambelli, the elderly woman was travelling from a residential care facility to a physiotherapy session when she died in the ambulance. Prosecutors have placed the driver under investigation on suspicion of aggravated murder, alleging premeditation...
MCCAIG/iStock via Getty Images Over the last months, investors have been so focused on new AI developments that they overlooked what was going on across the world. The huge AI CapEx kept the economy afloat, but now it is not enough to offset what we are heading to: a new macroeconomic environment where oil prices are rising. In my previous articles I have often mentioned that low-energy prices wer...
MCCAIG/iStock via Getty Images Over the last months, investors have been so focused on new AI developments that they overlooked what was going on across the world. The huge AI CapEx kept the economy afloat, but now it is not enough to offset what we are heading to: a new macroeconomic environment where oil prices are rising. In my previous articles I have often mentioned that low-energy prices were the major component that prevented a secondary wave of inflation, but now that the US-Iran war has broken out, this essential pillar is weakening. The stock market expectations are totally skewed toward a macroeconomic environment in which interest rates will be lowered; however, we can’t rule out the opposite scenario. Not anymore, as long as oil faces supply shocks. In this article I’ll show you two charts that highlight what the future might look like, and I anticipate that it doesn’t seem rosy if the war continues. 1) Core CPI At A Critical Level For those who follow me on SA, the #1 chart is not something new; in fact, I have included it in many articles dated December 2025/January 2026. However, today it takes on a very different relevance. Chart made by the author, based on FRED data As you can see, the current Core CPI trend reminds us of what the economy experienced in 1966-1984, a period that was characterized by two inflationary waves. History has taught us that inflation is a sneaky enemy that can’t be beaten all at once, but in two rounds. Will this time be different? Frankly, since the Core CPI data were quite positive in early 2026, I have gradually given less weight to the hypothesis of a secondary inflation wave. After all, AI innovation is a deflationary force, and the labor market started to evidence some cracks. Typically, the unemployment rate and inflation have a negative correlation, so it did make sense to have a lower Core CPI. However, just when inflation was no longer my main concern, the U.S. started to attack Iran, and the previous chart immed...
Getty Images By Ezequiel Gomes Ethereum ( ETH-USD ) moved lower on Tuesday, March 3, trading near $1,940 after another failed attempt to retake $2,000 left the token pinned near the bottom of its recent range. The latest slide keeps attention on whether buyers can keep defending the upper $1,900 zone as broader markets turn more cautious and capital shifts away from higher-volatility assets. Pric...
Getty Images By Ezequiel Gomes Ethereum ( ETH-USD ) moved lower on Tuesday, March 3, trading near $1,940 after another failed attempt to retake $2,000 left the token pinned near the bottom of its recent range. The latest slide keeps attention on whether buyers can keep defending the upper $1,900 zone as broader markets turn more cautious and capital shifts away from higher-volatility assets. Price structure resets below a psychological threshold Ethereum’s short-term chart has tilted defensive again. With price back near $1,940, the market is sitting below the round $2,000 level that had briefly come back into view during the latest rebound attempt. That matters because the pullback did not happen from a flat session. Ethereum traded above $2,070 earlier in the move, then reversed sharply enough to finish much closer to the session floor. That kind of intraday retreat usually signals that sellers are still active on strength. The nearest support zone now sits between roughly $1,900 and $1,912. If that area holds, the current move can still be read as consolidation inside a volatile range rather than a fresh breakdown. If that floor gives way, the next conversation quickly shifts toward whether the market starts revisiting the broader mid-$1,800s. On the upside, a sustained move back through $2,000 is the first step needed to steady the chart, while a stronger recovery would require a clean reclaim of the recent failed high zone above $2,060. ETH price dynamics (January 2025-February 2026) (Source: TradingView) Cross-market pressure keeps the tone restrained The wider backdrop is not offering much relief. U.S. Treasury yields moved back above 4%, and the stronger dollar has added another layer of resistance for risk-sensitive assets. That combination tends to matter for crypto because it raises the opportunity cost of holding non-yielding assets while also tightening overall financial conditions. In practice, it can make rebound attempts shallower and more dependent...
JHVEPhoto Broadcom ( AVGO ) was in focus on Tuesday as HSBC maintained its Buy rating and cut its price target on the software and semiconductor giant ahead of its fiscal first-quarter earnings results tomorrow. “At its upcoming 1QFY26 results announcement on 4 March, we expect Broadcom to report revenue of $9.5B, slightly above management’s guidance of $19.1B and Visible Alpha consensus of $19.2B...
JHVEPhoto Broadcom ( AVGO ) was in focus on Tuesday as HSBC maintained its Buy rating and cut its price target on the software and semiconductor giant ahead of its fiscal first-quarter earnings results tomorrow. “At its upcoming 1QFY26 results announcement on 4 March, we expect Broadcom to report revenue of $9.5B, slightly above management’s guidance of $19.1B and Visible Alpha consensus of $19.2B,” analyst Frank Lee wrote in a note to clients. “For 2QFY26, we expect revenue of $21B, 3% above consensus of $20.3B. We expect the AI-driven growth momentum to continue but expect a more dramatic growth trajectory to be 2HFY26 weighted.” Lee lowered his price target on Broadcom to $450 from $535 on the belief there has been a “valuation reset” for artificial intelligence-focused companies. Going deeper, Lee said the next catalyst for Broadcom (aside from earnings) would be any positive focus on AI networking, given the expansion of the market. Broadcom previously said it had a $20B AI networking backlog. “However, given Broadcom’s rapid expansion of AI networking portfolio, we believe the revenue is still underestimated as we are revising our FY26/FY27 AI networking revenue estimates to $17B/$30B − 43%/64% above the Street,” Lee added. “Our most bullish scenario analysis for FY26e/FY27e on higher AI networking revenue implies further upside of 16%/17% to EPS vs. our base case.” More on Broadcom Broadcom: Deep Discount Before Earnings Broadcom Q1 Preview: Tech Rotation Could Trigger Another Irrational Selloff Broadcom: Covered Put Option Is The Play For FQ1 2026 Earnings Broadcom Q1 earnings on deck: Focus on margin, profit AI boom drives Broadcom CEO Hock Tan’s 2025 pay package to $205.3M
In Brief Apple unveiled its latest slate of MacBook Air and MacBook Pro laptops on Tuesday morning, and in the case of the MacBook Pro, the new hardware comes with the announcement of new M5 Pro and M5 Max chips. The specs on the new chips are impressive, featuring an 18-core CPU that Apple says is over 4x the peak GPU compute for AI compared to the previous generation. But consumers may be surpri...
In Brief Apple unveiled its latest slate of MacBook Air and MacBook Pro laptops on Tuesday morning, and in the case of the MacBook Pro, the new hardware comes with the announcement of new M5 Pro and M5 Max chips. The specs on the new chips are impressive, featuring an 18-core CPU that Apple says is over 4x the peak GPU compute for AI compared to the previous generation. But consumers may be surprised to see the price of the new MacBook Pro devices. For the base MacBook Pro device, which has an M5 Pro chip, prices start at $2,199 and $2,699 for the 14-inch and 16-inch models, respectively. The MacBook Pro models with the M5 Max chips start at a whopping $3,599 and $3,899 for the respective 14-inch and 16-inch models. For comparison, the 14-inch MacBook Pro with an M4 Pro chip started at $1,999 when it was released. With the demands for more computers and data centers to power AI, the market is experiencing a shortage of RAM, causing memory prices to surge. Analysts are already predicting that smartphone shipments will plummet this year as a result of the shortage. Naturally, other hardware like laptops would be impacted too, and Apple’s pricing could serve as a bellwether for how much the sector will be affected.
Apple unveiled its latest slate of MacBook Air and MacBook Pro laptops on Tuesday morning, and in the case of the MacBook Pro, the new hardware comes with the announcement of new M5 Pro and M5 Max chips. The specs on the new chips are impressive, featuring an 18-core CPU that Apple says is over 4x the peak GPU compute for AI compared to the previous generation. But consumers may be surprised to se...
Apple unveiled its latest slate of MacBook Air and MacBook Pro laptops on Tuesday morning, and in the case of the MacBook Pro, the new hardware comes with the announcement of new M5 Pro and M5 Max chips. The specs on the new chips are impressive, featuring an 18-core CPU that Apple says is over 4x the peak GPU compute for AI compared to the previous generation. But consumers may be surprised to see the price of the new MacBook Pro devices. For the base MacBook Pro device, which has an M5 Pro chip, prices start at $2,199 and $2,699 for the 14-inch and 16-inch models, respectively. The MacBook Pro models with the M5 Max chips start at a whopping $3,599 and $3,899 for the respective 14-inch and 16-inch models. For comparison, the 14-inch MacBook Pro with an M4 Pro chip started at $1,999 when it was released. With the demands for more computers and data centers to power AI, the market is experiencing a shortage of RAM, causing memory prices to surge. Analysts are already predicting that smartphone shipments will plummet this year as a result of the shortage. Naturally, other hardware like laptops would be impacted too, and Apple’s pricing could serve as a bellwether for how much the sector will be affected.
Apple unveiled its latest slate of MacBook Air and MacBook Pro laptops on Tuesday morning, and in the case of the MacBook Pro, the new hardware comes with the announcement of new M5 Pro and M5 Max chips. The specs on the new chips are impressive, featuring an 18-core CPU that Apple says is over 4x the peak GPU compute for AI compared to the previous generation. But consumers may be surprised to se...
Apple unveiled its latest slate of MacBook Air and MacBook Pro laptops on Tuesday morning, and in the case of the MacBook Pro, the new hardware comes with the announcement of new M5 Pro and M5 Max chips. The specs on the new chips are impressive, featuring an 18-core CPU that Apple says is over 4x the peak GPU compute for AI compared to the previous generation. But consumers may be surprised to see the price of the new MacBook Pro devices, which are all between $100 and $400 more expensive than their previous models. For the base MacBook Pro, which has an M5 Pro chip, prices start at $2,199 for the 14-inch model and $2,699 for the 16-inch models. That’s up from $1,999 and $2,499, respectively, for the M4 Pro versions released last year. The MacBook Pro models with the M5 Max chips start at a whopping $3,599 and $3,899 for the 14-inch and 16-inch models, respectively. That’s a full $400 more expensive than their predecesssors. The price jump also affects the new MacBook Air laptops. The 13-inch MacBook Air starts at $1,099, up from $999. The 15-inch MacBook Air starts at $1,299, also up $100 from last year’s base model. With the demands for more computers and data centers to power AI, the market is experiencing a shortage of RAM, causing memory prices to surge. Analysts are already predicting that smartphone shipments will plummet this year as a result of the shortage. Naturally, other hardware like laptops would be impacted, too, and Apple’s pricing could serve as a bellwether for how much the sector will be affected.
On the Impossibility of Separating Intelligence from Judgment: The Computational Intractability of Filtering for AI Alignment Apple Machine Learning Research
On the Impossibility of Separating Intelligence from Judgment: The Computational Intractability of Filtering for AI Alignment Apple Machine Learning Research
Key Takeaways Morgan Stanley analysts named Nvidia their top semiconductor stock, citing its relatively low valuation and confidence that AI spending will support rapid growth for years to come. The analysts expect Nvidia's GPU Technology Conference later this month will help dispel concerns about market share that have been a headwind for the stock. Get personalized, AI-powered answers built on 2...
Key Takeaways Morgan Stanley analysts named Nvidia their top semiconductor stock, citing its relatively low valuation and confidence that AI spending will support rapid growth for years to come. The analysts expect Nvidia's GPU Technology Conference later this month will help dispel concerns about market share that have been a headwind for the stock. Get personalized, AI-powered answers built on 27+ years of trusted expertise. ASK Nvidia, the one-time poster child of the AI craze, is poised to regain some of its magic, according to some experts. Morgan Stanley analysts on Tuesday named Nvidia (NVDA) their top semiconductor pick, citing an attractive valuation and a belief that conviction in the stock is primed to bounce back. Nvidia was last Morgan Stanley’s top semis pick in September, when the firm transferred that title to memory device maker Sandisk (SNDK) amid a surge in demand for data center storage solutions. Sandisk was replaced by memory chip maker Micron (MU) in November. Why This Is Important Over the past three years, Nvidia's earnings and stock have, respectively, become bellwethers of AI demand and enthusiasm on Wall Street. Recently, earnings expectations and the stock have diverged, underscoring Wall Street's growing skepticism of AI even as companies spend hand over fist on the technology. Since making those changes, Sandisk and Micron stocks have skyrocketed while Nvidia has languished. The stock is down about 8% since last week’s blockbuster earnings report, with concerns about market share challenges and the sustainability of GPU demand weighing on sentiment. Morgan Stanley’s analysts on Tuesday called Nvidia stock’s forward price-to-earnings ratio of 18x “a surprisingly good entry point” for a stock that they expect is poised to get its groove back. Shares have been pressured recently by concerns that hyperscalers like Microsoft (MSFT) and Amazon (AMZN) are already spending the most they possibly can on AI infrastructure. The argument goes: Nvi...
On Saturday, U.S. and Israeli jets began a bombing campaign against Iran, killing its supreme leader Ali Khamenei and several senior government officials. The attacks also hit military and civilian targets all across the country, including a girls’ school, where at least 168 children and adults were killed. After a few days of conflict, multiple reports, as well as statements from government offic...
On Saturday, U.S. and Israeli jets began a bombing campaign against Iran, killing its supreme leader Ali Khamenei and several senior government officials. The attacks also hit military and civilian targets all across the country, including a girls’ school, where at least 168 children and adults were killed. After a few days of conflict, multiple reports, as well as statements from government officials, suggest that cyber operations played a significant role in the beginning of the war. This shows that in current times, hacking can be an important component of real world conflicts and war, supporting kinetic strikes, providing intelligence from surveillance activities, as well as being used as part of psychological operations, or psyops. The most direct confirmation of a cyber operation playing part in the war came from the U.S. chairman of the joint chiefs of staff Gen. Dan Caine, who said that “coordinated space and cyber operations effectively disrupted communications and sensor networks” in Iran ahead of the attack, “leaving the adversary without the ability to see, coordinate or respond effectively.” The goal, Caine said in a press conference, was to “disrupt, disorient and confuse the enemy.” In another example of a coordinated kinetic-cyber operation, Israel first bombed the offices of two state-owned Islamic Republic of Iran Broadcasting (IRIB) channels. Israel Defense Forces then hijacked the broadcast to air speeches by Donald Trump and Israeli Prime Minister Benjamin Netanyahu urging Iranians to join the fight against the regime, according to the Jerusalem Post. A similar hack against one of the channels happened in January. As part of the operation to kill Khamenei, Israeli spies reportedly used information from hacked traffic cameras across Tehran, according to The Financial Times. Citing two anonymous sources, the paper reported that Israel had had access to the camera network for years, as well as “deeply penetrated mobile phone networks.” Contact Us D...
YouTuber KSI has bought a minority stake in Dagenham & Redbridge and says he wants to take the sixth-tier club to the Premier League. Daggers announced on Tuesday that long-serving managing director Stephen Thompson would stand down, external from his role and position on the board at the end of March. The club were relegated to National League South at the end of last season and are currently 13t...
YouTuber KSI has bought a minority stake in Dagenham & Redbridge and says he wants to take the sixth-tier club to the Premier League. Daggers announced on Tuesday that long-serving managing director Stephen Thompson would stand down, external from his role and position on the board at the end of March. The club were relegated to National League South at the end of last season and are currently 13th in the table with 49 points. "I'm so excited to start this journey. It's gonna be a rollercoaster for sure but I hope to bring Dagenham & Redbridge back to the glory days," KSI told the club's website. , external "And once we reach that point, I want to go even further. Reaching the Premier League would be a dream. And I believe it is 100% doable. "It will take a long time, so to the Daggers fans, please be patient. "I want you to know that I am fully committed to making sure Dagenham & Redbridge is a team that everyone will know worldwide, and will be an exciting team to watch and support." The club called the involvement of the 32-year-old "its most significant strategic partnership to date".
Investors are wondering if buying the dip when war breaks out will work this time around as the conflict between the U.S. and Iran grows. The old Wall Street adage "buy the cannons, sell the trumpets" suggests that traders might race to pick up stocks in reaction to war headlines, expecting a rebound. But the question this week is if oil and natural gas prices could shoot so high that they dampen ...
Investors are wondering if buying the dip when war breaks out will work this time around as the conflict between the U.S. and Iran grows. The old Wall Street adage "buy the cannons, sell the trumpets" suggests that traders might race to pick up stocks in reaction to war headlines, expecting a rebound. But the question this week is if oil and natural gas prices could shoot so high that they dampen growth, derailing the recovery trade, according to Deutsche Bank. "We've previously written how geopolitical events don't usually cause a sustained market reaction," Henry Allen, a London-based strategist at Deutsche Bank, wrote to clients Tuesday. "But the exception is when the geopolitical event has a macro channel to affect markets, and events in Iran are a prime example of that." Crude oil prices soared after the U.S. struck Iran Saturday . Concern about future supplies grew acute after Iran promised to block the Strait of Hormuz , a vital pathway for 20% of global oil and liquified natural gas shipments. Still, Allen said West Texas Intermediate crude prices so far are still beneath their 2024 average, and percentage gains are less than the crises levels seen when Russia invaded Ukraine in 2022 or during the two Gulf Wars. If there is a larger spike in oil, the strategist said that specific factors need to be in place for that to translate to a slide of more than 15% in the S & P 500 . Allen said at least one of three of these conditions would have to be met, none of which are so far in play: An oil price jump of at least 50% to 100% that holds over several months. The oil price increase can push an already-cooling economy into a recession or meaningful slowdown. Central banks institute a hawkish policy response to the oil cost gains. "The critical question over the days ahead will be if one of these boxes is ticked," Allen said. .SPX 5D mountain The S & P 500, 5-day chart The S & P 500 staged a dramatic midday rebound Monday and ended the day slightly higher. But as t...
Disruption to global energy supplies and the prospect of an ever-widening conflict in the Middle East has sent crude-oil and natural-gas futures higher — and exposed subtle differences on how investors treat the stocks of different energy companies.
Disruption to global energy supplies and the prospect of an ever-widening conflict in the Middle East has sent crude-oil and natural-gas futures higher — and exposed subtle differences on how investors treat the stocks of different energy companies.