格隆汇3月16日｜英国首相斯塔默表示，英国不会卷入更广泛的伊朗战争，但会与包括欧洲国家在内的盟友合作，以重新开放霍尔木兹海峡这一关键航道，不过他也承认这并非易事。在面对国内批评人士以及特朗普的施压（关于应为针对伊朗的军事行动提供何种支持）的情况下，斯塔默表示重新开放一条对石油和液化天然气运输至关重要的航道是稳定能源市场的关键。他还公布了此次冲突引发的首批财政援助措施，即向最贫困的家庭提供5300万英镑（约合7030万美元）的援助，这些家庭主要依靠取暖油度日，而由于冲突的爆发，这种能源的价格大幅上涨。

中山公用（000685）公告，中山投控拟通过公开征集转让方式协议转让其持有的公司7375.56万股，占目前公司总股本的5%。本次公开征集转让的受让方存在不确定性，能否获得相关国有资产监督管理机构的批准及本次公开征集转让能否实施完成也存在不确定性。意向受让方需为单一企业主体，资产规模不低于人民币50亿元，最近两年连续盈利，并以现金方式支付全部股份转让价款。公开征集意向受让方的公开征集期为10个交易日，自2026年3月17日至2026年3月30日止。

Christopher Verrone, partner and chief market strategist at Strategas, examines market reaction to the Iran war and the policy response he expects from the Federal Reserve. (Source: Bloomberg)

银禧科技（300221）公告，公司董事兼总经理林登灿原持股877.07万股，占1.85%，此前拟在预披露后三个月内集中竞价减持不超219.2万股，占0.4627%。因资金需求改变，林登灿决定提前终止减持计划（883921），截至公告披露日未实施任何减持，持股情况仍为877.07万股，其中限售657.8万股，无限售219.27万股。该举措符合相关法规，过去6个月亦无减持。

格隆汇3月16日丨据南京海关统计，前2个月，江苏省外贸进出口总值1.03万亿元，较去年同期（下同）增长19.7%，增幅较全国高1.4个百分点，占同期我国进出口总值的13.4%。其中，出口6817.5亿元，增长20.3%；进口3523亿元，增长18.7%。

VNET Group (VNET) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.04. This compares to a loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -100.00%. A quarter ago, it was expected that this provider of carrier-neutral internet data center services would post earnings of $0.02 per share when it actually produced earnings of $0.02, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. VNET Group, which belongs to the Zacks Internet - Software industry, posted revenues of $384.25 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.27%. This compares to year-ago revenues of $307.75 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. VNET Group shares have added about 24.2% since the beginning of the year versus the S&P 500's decline of 3.1%. What's Next for VNET Group? While VNET Group has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnin...

onurdongel/E+ via Getty Images One of my better calls over the last several months has been AZZ Inc. ( AZZ ). This is an intriguing company. It specifically focuses on providing specialized products and services to customers in the industrial and construction industries. I know that's rather vague, so we can dig in a bit deeper. According to management, the company offers up certain post-fabrication hot-dip galvanizing and coil coating solutions for customers. Through its AZZ Metal Coatings segment, for instance, it provides hot-dip galvanizing, spin galvanizing, powder coating, anodizing and plating, and other metal coating applications for the steel fabrication market. And through its AZZ Precoat Metals segment, it offers up coil coating application of protective and decorative coatings and other solutions for the downstream processing of steel and aluminum coils. These are used primarily in construction, appliances, HVAC systems, and more. And through its AZZ Infrastructure Solutions segment, the company has historically provided, through a joint venture, certain products like custom switchgear, electrical closures, and the like to industrial customers. However, the firm has since sold off most of that segment in a transaction worth $975 million. It only owns a 40% stake in that business now. This is the kind of business that has me excited to open up an annual report or quarterly report. And honestly, I think my track record with firms of this nature has been very solid. Since I last reaffirmed AZZ as a "Buy" in December of last year, the stock has risen 16.7%. The S&P 500 is down 1.1% over that same window of time. Meanwhile, since I originally rated it a "Buy" in April of last year, the stock has jumped 57.3%. The market is up only 26.6% over that same period. Looking at the data today, I see that this remains a quality player. But I do think the easy money has been made now. Because of the valuation of the company, I would even go so far as to say it is final...

Q4 FY26 revenues of $1.75 billion ; FY26 revenues of $7.26 billion Q4 FY26 net income of $85 million , adjusted EBITDA (1) of $181 million or 10.3% of revenue; FY26 net income of $358 million , adjusted EBITDA (1) of $708 million or 9.7% of revenue Q4 FY26 diluted earnings per share of $1.87 , adjusted diluted earnings per share (1) of $2.62 ; FY26 diluted earnings per share of $7.70 , adjusted diluted earnings per share (1) of $10.75 Q4 FY26 cash flows provided by operating activities of $258 million , free cash flow (1) of $336 million ; FY26 cash flows provided by operating activities of $609 million , free cash flow (1) of $577 million Q4 FY26 net bookings of $0.6 billion ; book-to-bill ratio of 0.3 ; trailing twelve months book-to-bill ratio of 1.1 Announces FY27 guidance for adjusted diluted earnings per share(1) and reiterates revenue, adjusted EBITDA(1), adjusted EBITDA margin(1), and free cash flow(1) guidance RESTON, Va., March 16, 2026 (GLOBE NEWSWIRE) -- Science Applications International Corporation (NASDAQ: SAIC), a premier Fortune 500 technology integrator driving our nation's digital transformation across the defense, space, civilian, and intelligence markets, today announced results for the fourth quarter and full fiscal year ended January 30, 2026. "As previously announced on February 11, our fourth-quarter results reflected ongoing top-line challenges, balanced by strong operational execution that supports our ability to raise margin expectations moving forward," said Jim Reagan, SAIC’s Chief Executive Officer. "I am encouraged by the progress we are making and by the opportunities in front of us. Our plan is simple – we will focus on elements within our control to drive more consistent and reliable growth. With a career dedicated to operational excellence and value creation in our industry, I am honored to continue, as permanent CEO, building on SAIC’s solid foundation to deliver meaningful results to all stakeholders." Fourth Quarter and Full Fi...

- Announced Positive Data from Phase 1 Dose Expansion Study of varsetatug masetecan (“Varseta-M”) EpCAM PROBODY ® ADC in Patients with Advanced Colorectal Cancer (CRC) -

Key Points Just 10 companies now account for more than 40% of the S&P 500's value. Investing in index funds isn't nearly as diversified as it once was. 10 stocks we like better than SPDR S&P 500 ETF Trust › For decades, investors have been urged to buy into broad, diversified market index funds like the State Street SPDR S&P 500 ETF Trust (NYSEMKT: SPY). That way, your money is spread across a wide variety of companies, industries, and risk exposures. But if you look closely, those benefits aren't nearly as strong as they used to be. In fact, a recent report from Royal Bank of Canada should have every investor concerned about the safety of their own money. Markets are nearing record levels of concentration The cautionary report from Royal Bank of Canada, released less than two months ago, gets straight to the point. "Over the past decade, the S&P 500, which has historically been viewed as a balanced cross-section of the U.S. economy, has slowly transformed into a tech- and AI-dominated index," the report begins. "We believe this 'Great Narrowing' should be top of mind for investors." 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 » The research observes how tech stocks and AI stocks now make up a historic percentage of the overall index's value. From 1990 to 2015, the top 10 companies in the S&P 500 index accounted for 17.7% to 23.4% of the index's total value. In 2020, however, that percentage increased to 28.6%. Today, that figure is even higher at an astounding 40.7%! "Many investors believe an S&P 500 fund offers wide diversification," Royal Bank of Canada concludes. "But, more than $40 of every $100 invested flows into just 10 companies, creating a feedback loop where passive inflows disproportionately support the largest stocks, increasing their weights and reinforcing performance leadership ...

Stocks making the biggest moves premarket: Micron Technology, Nebius Group, Dollar Tree & more CNBC

Hyperion Asset Management Ltd lessened its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 17.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,159,270 shares of the electric vehicle producer's stock after selling 240,899 shares during the quarter. Tesla accounts for approximately 14.4% of Hyperion Asset Management Ltd's holdings, making the stock its biggest position. Hyperion Asset Management Ltd's holdings in Tesla were worth $515,551,000 at the end of the most recent reporting period. Get Tesla alerts: Sign Up Other institutional investors also recently bought and sold shares of the company. Chapman Financial Group LLC purchased a new position in Tesla in the second quarter worth about $26,000. Manning & Napier Advisors LLC purchased a new stake in shares of Tesla during the third quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla during the second quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX bought a new stake in shares of Tesla during the third quarter valued at approximately $31,000. Finally, ESL Trust Services LLC raised its holdings in Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock worth $32,000 after acquiring an additional 95 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors. Insider Transactions at Tesla In other news, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a legal filing with the SEC...

阿根廷甲組足球聯賽，小保加作客，以1-1逼和聖達菲聯。 深色衫的小保加，被拿達路華加斯再推過一個，正路想給前柱，不過射不到，去到帕拉斯奧斯，拐個彎就射入，41分鐘為聖達菲聯領先1-0，漏了的普芬尼後腳一拌，變成出現在助攻名單，帕拉斯奧斯射得也漂亮，韋根特雙手放後面避手球，頓變路過圍觀的球迷。 他們對上五場三勝兩和，小保加則六場不敗，又多一場。韋根特今次不袖手旁觀，參與進攻傳到巴里路心口控、打倒掛，入便是足金金球，中柱出來，米倫迪爾第一時間補中，57分鐘追平，巴里路一度搶鏡，但搶1分最終靠米倫迪爾，小保加逼和1-1，排A組第六，聖達菲聯第二。 紅白衫河床就主場，擊敗有人被逐的沙米恩圖。加比爾迪亞斯40分鐘兩黃一紅，河床1分鐘後，就由迪奧斯把握，門將與守衛相撞打後抽入網，領先1-0。是先頂到被擋，綠衫再撞後，才有他的瀟灑後抽，加上蘇比亞列，71分鐘中人入網，河床贏2-0，在B組排第五。

今天（3月16日），位于山东德州的四女寺枢纽南运河节制闸开启，南水北调东线一期工程北延应急供水工程供水与卫运河来水汇合，进入南运河；位于天津静海区的九宣闸枢纽南运河节制闸开启，南来之水经南运河与天津本地水汇合，京杭大运河黄河以北河段全线通水，京杭大运河自2022年以来连续五年实现全线水流贯通。（央视新闻）

Ireland’s finance minister, Simon Harris, said there are risks of a surge in inflation from the spike in energy prices and the Iran conflict is a “sharp wake-up call” for Europe to become more energy independent. He was speaking on Bloomberg's The Pulse with Francine Lacqua. (Source: Bloomberg)

Britain's pound is March's surprise European currency outperformer, for now Reuters

Md Shoeb Ansari/iStock via Getty Images We are back to comment on Helios Towers plc ( HTWSF ). The company released its results on March 12. Despite exceeding its previous outlook ( Fig. 1 ), shares are down by more than 6% as of this writing. We believe this was due to a higher 2026 CAPEX projection. Indeed, the company expects Fiscal Year investment of $150-180 million, compared with $110-140 million of capex last year. Therefore, there is an impact on the FCF generation. Here at the Lab, we believe this is minor and take the opportunity to strengthen our position. For our new readers, Helios Towers is a leading telecommunications infrastructure player with operations in Africa and Oman. The company engages in building and operating tower sites and the related passive infrastructure. Our supportive buy rating was backed by 1) higher guidance thanks to solid execution (CPI link contracts), 2) tenancies growth, and 3) shareholders' return (until last year, the company's aim was mainly due to CAPEX growth and acquisition). In late 2025, Helios Towers announced a dividend and up to $75 million buyback to be executed in 2026. Helios Tower 2025 Results in a Snap Fig 1 Helios Towers Results and Our Positive Take Here at the Lab, we will keep our comments on Helios Towers' 2025 results brief, as the company delivered a solid year overall. Helios Towers' top-line sales reached $854.1 million (Fig. 2), up 7.8% from 2024. Going down to the P&L, the company reported adjusted EBITDA of $471.1 million, with a margin of 55%. This was due to 1) lower power costs, 2) higher sales, and 3) tenancies growth. Additionally, the company delivered solid FCF and reduced its yearly interest payments. We address this point in the upside section below. Helios Tower P&L Fig 2 Why are we positive? Businesswise, Helios Towers reported key insights in the quarterly call and in the Fiscal Year press release . The company's main clients are heavily investing in infrastructure (Fig. 3), especially ...

Micron completes PSMC Tongluo fab site acquisition Engineering.com

JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Stock index futures move higher as oil surges to $100. (00:13) Micron ( MU ) to build second Taiwan facility to boost advanced DRAM capacity. (00:43) Nvidia ( NVDA ) supplier Foxconn's ( FXCOF ) Q4 profit falls short of estimates. (01:44) This is an abridged transcript. Stock index futures are higher on this Monday. Nasdaq 100 futures ( US100:IND ) rose +0.4%. S&P 500 futures ( SPX ) advanced +0.3% and Dow futures ( INDU ) are up a small fraction. Crude oil futures ( CL1:COM ) are at $100, and Brent futures ( CO1:COM ) are at $104 at the time of this recording. Bitcoin is up 0.4% at $73,000 and gold is down 0.7% at $4,985. Micron Technology is on our biggest movers list this morning. MU is up 4.2% in premarket action. Micron Technology ( MU ) announced plans to build a second chip manufacturing facility at its newly acquired Tongluo site in Miaoli County, Taiwan. The site includes approximately 300K square feet of existing 300mm cleanroom space and will support the company's efforts to expand the supply of DRAM products, including HBM, to meet growing AI-driven demand. The expansion follows the completion of its $1.8B acquisition from Powerchip Semiconductor Manufacturing announced in January. The new Tongluo site is expected to support product shipments from the existing fab beginning in fiscal 2028. The construction of a second facility of comparable scale, which will add approximately 270K square feet of cleanroom space, is set to begin by the end of fiscal 2026. Foxconn, the world’s largest contract electronics maker, reported a 2% decline in fourth-quarter profit on Monday, compared with the same period last year, falling short of expectations. Reuters reported that Net profit for ‌the October-December ⁠period ​was T$45.21 billion ($1.42 ​billion), ⁠versus an LSEG consensus estimate ​of T$63.86 billion. Foxconn's ( FXCOF ) guidance for both the ⁠first quarter an...

JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Stock index futures move higher as oil surges to $100. (00:13) Micron ( MU ) to build second Taiwan facility to boost advanced DRAM capacity. (00:43) Nvidia ( NVDA ) supplier Foxconn's ( FXCOF ) Q4 profit falls short of estimates. (01:44) This is an abridged transcript. Stock index futures are higher on this Monday. Nasdaq 100 futures ( US100:IND ) rose +0.4%. S&P 500 futures ( SPX ) advanced +0.3% and Dow futures ( INDU ) are up a small fraction. Crude oil futures ( CL1:COM ) are at $100, and Brent futures ( CO1:COM ) are at $104 at the time of this recording. Bitcoin is up 0.4% at $73,000 and gold is down 0.7% at $4,985. Micron Technology is on our biggest movers list this morning. MU is up 4.2% in premarket action. Micron Technology ( MU ) announced plans to build a second chip manufacturing facility at its newly acquired Tongluo site in Miaoli County, Taiwan. The site includes approximately 300K square feet of existing 300mm cleanroom space and will support the company's efforts to expand the supply of DRAM products, including HBM, to meet growing AI-driven demand. The expansion follows the completion of its $1.8B acquisition from Powerchip Semiconductor Manufacturing announced in January. The new Tongluo site is expected to support product shipments from the existing fab beginning in fiscal 2028. The construction of a second facility of comparable scale, which will add approximately 270K square feet of cleanroom space, is set to begin by the end of fiscal 2026. Foxconn, the world’s largest contract electronics maker, reported a 2% decline in fourth-quarter profit on Monday, compared with the same period last year, falling short of expectations. Reuters reported that Net profit for ‌the October-December ⁠period ​was T$45.21 billion ($1.42 ​billion), ⁠versus an LSEG consensus estimate ​of T$63.86 billion. Foxconn's ( FXCOF ) guidance for both the ⁠first quarter an...

Vertigo3d Bitcoin ( BTC-USD ) rose on Monday, trading above the $73,000 level at press time, leading a broad crypto rally that saw ether, solana, and other major tokens post their strongest weekly gains since before the war. Signs of easing tensions in the Strait of Hormuz, including a partial reopening to commercial shipping and more measured rhetoric from Iran, pushed oil prices lower and weakened the dollar ( DXY ), improving liquidity conditions for risk assets such as cryptocurrencies. The largest cryptocurrency ( BTC-USD ) was trading 0.7% higher at $ 73,293.05 , up 7% in the past month. A decisive move above $74,000 on strong volume could trigger a rally toward $80,000, a former support level from November, CoinDesk reported. A rejection, on the other hand, would lead to a reversion to a trading range between $62,000 and $72,000, which has persisted for more than a month. Tokens like PEPE, BONK, and PENGU also posted strong gains, helping push the altcoin season index to 48 and lifting the crypto market cap excluding Bitcoin to about $1.1 trillion, the report said. Ethereum ( ETH-USD ) jumped 3.9% to $2,262.64, and Solana ( SOL-USD ) advanced 1.4% to $93.53 . Dogecoin ( DOGE-USD ) hit $0.10 for the first time since early March. XRP ( XRP-USD ) gained 1.6% to $1.47, up 7% in the past 5 days. Crypto-linked stocks also traded higher Monday morning as digital asset prices climbed, with gains seen in MARA Holdings ( MARA ), Cipher Digital ( CIFR ), Bitmine Immersion ( BMNR ), CleanSpark ( CLSK ), Bakkt ( BKKT ), Strategy ( MSTR ), IREN ( IREN ), Riot Platforms ( RIOT ), Bullish ( BLSH ), and Coinbase Global ( COIN ). More on Bitcoin USD, Ethereum USD Are We Witnessing The Crypto Dawn? - Bitcoin And Ethereum Outlook IBIT: Navigating The Deep Correction Toward A Long-Term $126,000 Target Ethereum Price Consolidates Above $2,050 Despite Growing Adoption Crypto traders push prediction markets into five-minute bets Crypto stocks gain as Bitcoin sell-offs could reported...

英國東南部坎特伯雷地區爆發侵入性腦膜炎，至少兩死、11人染病住院，其中一名死者及多名患者是肯特大學學生，當局正追蹤密切接觸者。 英國廣播公司報道，英國東南部坎特伯雷地區，近日爆發侵入性腦膜炎，多名重症患者需要住院接受治療，當中不少人是肯特大學學生。報道指，患者年齡普遍介乎18至21歲，其中一名死者，亦是肯特大學學生。 英國衞生安全局正追蹤逾三萬名肯特大學學生、教職員，及他們的密切接觸者。當局未能確定致病的病毒株是哪一種，但已開始安排部分人，接受抗生素治療。 報道指，這波侵入性腦膜炎爆發，可能同坎特伯雷地區一場社交活動有關，不少患者都曾出席這場活動。 肯特大學發聲明指，對於有學生因疫病離世深感悲痛，已同公共衞生團隊密切合作，確保學生和教職員可獲得必要的資訊和支援，強調確保師生安全最重要。 校方其後又宣布，因應疫情散播風險，本周將不會進行任何面對面評核，但校園會保持開放。 侵入性腦膜炎主要經由直接接觸帶菌者呼吸道分泌物而傳播，病徵同一般感冒相似，包括突發性發燒，劇烈頭痛，皮膚出現瘀斑及休克。 腦膜炎球菌一旦包圍腦部及骨髓內膜，會造成腦膜炎，如果細菌入血，甚至會引發敗血病。有醫生提醒，腦膜炎或敗血病，病情惡化速度極快，若未能及時治療可能會致命，建議公眾要勤洗手，避免到人多擠迫的地方，身體感到不適時要立即求診。

“Agent Computers” mark the next evolutionary step in the PC market, according to AMD, with the chipmaker predicting a wave of agentic AI–infused devices in the near future. In a recent blog post , AMD noted that there’s a growing shift toward running agents locally on hardware, particularly with the rise of OpenClaw. Developed by Peter Steinberger, OpenClaw is an open source agent designed specifically to run on a laptop or PC and essentially act as a digital assistant. Users can order agents to carry out tasks on their behalf, such as sending emails, managing appointments, or clearing out inboxes. This represents a step change in how users interact with on-device AI, according to AMD, marking a shift away from ambient capabilities and actively commanding assistants toward more autonomous AI-powered activities. “The PC was built for direct human operation. You open apps, issue commands, and work step-by-step,” the chipmaker noted. “Agents work differently. They run continuously, handle multiple tasks in parallel, and move across tools autonomously.” “An Agent Computer is a new category of device built to run your AI agents full-time,” the blog post added. “It can sit in your home or office, always on, always available, always working. You do not operate it like a PC. You delegate to it.” Get the ITPro daily newsletter Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors Notably, AMD suggested that interoperability with third-party applications will be a key differentiator for this new wave of agent computers, allowing users to command agents via platforms such as WhatsApp or Slack. “You send a message on WhatsApp. Your agent gets moving,” the company wrote. “You drop a task into Slack. Your agent takes it from there.” A v...

The market could be undervaluing shares of Abivax , according to Jefferies. The bank initiated the clinical-stage biotechnology firm at a buy rating and $160 price target, implying an upside of 39% from Friday close. Analyst Faisal Khurshid applauded Abivax's obefazimod, an oral drug developed to treat moderately to severely active ulcerative colitis, as a catalyst for strong gains ahead. "We view obefazimod (obe) as a 'unicorn' in the large market of inflammatory bowel disease (IBD) given strong efficacy in the format of a safe, easy oral pill," he wrote. By 2030, he estimated that the inflammatory bowel disease market could reach over $30 billion worldwide. He believes that shares of Abivax currently look "underappreciated" given the robust ulcerative colitis story and potential upside for patients with Crohn's disease. This is despite the stock surging from $10 in late July after the company reported positive trial results for obefazimod. Since then, shares are up 1,055%. ABVX mountain 2025-07-22 ABVX since late July The company has also been linked to multiple reports of acquisition offers, though Khurshid said potential market expansion matters more to fundamental and strategy value. "Obe already looks like a real and differentiated UC drug, and we think the 2Q26 maintenance readout is fairly de-risked and should provide clear path to approval. We also think Crohn's matters for the long-term valuation (and hence any potl strategic interest). We are more bullish vs buyside expectations and see a strong shot based on MOA, translational data, and precedent," he said. "It is a fact that [Crohn's disease] is roughly as big as [ulcerative colitis], so assessing that is in our view the most important variable to fundamental + strategic value."

This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) is expanding its presence in Taiwan as the memory chip maker looks to ramp up advanced DRAM capacity to keep pace with booming demand from artificial intelligence. The company said it plans to build a second semiconductor facility at its newly acquired Tongluo site in Miaoli County. The location already includes roughly 300K square feet of 300mm cleanroom space and will support production of DRAM products, including high bandwidth memory, which has become a crucial component powering AI accelerators and data center chips. The expansion follows Micron's $1.8 billion acquisition of the Tongluo facility from Powerchip Semiconductor Manufacturing earlier this year. The company expects the existing fab at the site to begin shipping products in fiscal 2028. Construction of the second facility, which will add about 270K square feet of additional cleanroom space, is expected to begin by the end of fiscal 2026.

Micron Technology MU is expanding its presence in Taiwan as the memory chip maker looks to ramp up advanced DRAM capacity to keep pace with booming demand from artificial intelligence. The company said it plans to build a second semiconductor facility at its newly acquired Tongluo site in Miaoli County. The location already includes roughly 300K square feet of 300mm cleanroom space and will support production of DRAM products, including high bandwidth memory, which has become a crucial component powering AI accelerators and data center chips. The expansion follows Micron's $1.8 billion acquisition of the Tongluo facility from Powerchip Semiconductor Manufacturing earlier this year. The company expects the existing fab at the site to begin shipping products in fiscal 2028. Construction of the second facility, which will add about 270K square feet of additional cleanroom space, is expected to begin by the end of fiscal 2026.

Source: Bloomberg, 3:36

Good morning . Donald Trump demands other nations should help secure passage through the Strait of Hormuz, while Iran denies it wants a truce. And Paul Thomas Anderson finally gets his Oscar moment. Listen to the day’s top stories . — Hellmuth Tromm Market Snapshot S&P 500 Futures 6,728.50 +0.6% Nasdaq 100 Futures 24,800.50 +0.8% Bloomberg Dollar Spot Index 1,212.01 -0.4% WTI Crude Oil Futures $97.30 -1.4% Market data as of 07:01 AM ET. Data is subject to provider delays. Donald Trump urged China and other countries to help secure shipping in the Strait of Hormuz, saying the US is in talks “with about seven” nations. The response, including from Japan , was muted, with Trump’s ever-shifting explanations for the war and its endgame leaving allies and adversaries unsure what to expect. Iran denied Trump’s claim that it wants ceasefire talks and launched fresh attacks across the Persian Gulf, forcing a suspension of some flights at Dubai’s main airport and striking the key UAE oil-export port of Fujairah for the second time in three days . Saudi and UAE officials called for an immediate halt to the escalation, as Goldman warned Gulf economies risk their worst slump since the early-1990s Gulf War. Trump Says He Wants to Finish Iran War Before Tackling Cuba Read more Oil markets look set for more turmoil, with the benchmark Brent price spiking above $106 a barrel at the start of the week. Bond markets also remain in oil’s grip as investors start to ponder whether inflation fears will soon give way to concerns about growth . US stocks looked poised to stabilize after days of losses , while gold wavered around $5,000 and Bitcoin remained stuck in limbo. Back on the trade front, US and Chinese officials are holding a second day of talks in Paris to map out plans for a summit between Trump and Xi Jinping—even as the US president threatened to delay the meeting if Beijing doesn’t help unblock the Hormuz waterway. The Big Take The Iran war has sparked an energy emergency that’...

Holocene Advisors LP lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 132.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,157,000 shares of the electric vehicle producer's stock after acquiring an additional 3,505,000 shares during the quarter. Tesla makes up 6.2% of Holocene Advisors LP's investment portfolio, making the stock its 2nd largest position. Holocene Advisors LP owned approximately 0.19% of Tesla worth $2,738,141,000 at the end of the most recent quarter. Get Tesla alerts: Sign Up Other large investors also recently added to or reduced their stakes in the company. Chapman Financial Group LLC bought a new position in Tesla during the second quarter worth about $26,000. Manning & Napier Advisors LLC bought a new stake in shares of Tesla in the third quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla during the 2nd quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX bought a new position in Tesla in the 3rd quarter worth approximately $31,000. Finally, ESL Trust Services LLC grew its stake in Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock valued at $32,000 after buying an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock. Analysts Set New Price Targets Several equities research analysts have issued reports on TSLA shares. DZ Bank restated a "sell" rating on shares of Tesla in a research report on Thursday, January 29th. Piper Sandler reiterated an "overweight" rating on shares of Tesla in a research note on Thursday, January 29th. Mizuho set a $540.00 price objective on Tesla and gave the stock an "outperform" rating in a report on Thursday, January 29th. The Goldman Sachs Group restated a "neutral" rating and issued a $405.00 target price on shares of Tesla in a rese...

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Ed Ludlow reports on the effort by Amazon-owned Zoox to get its automated vehicles on America’s roads. Tech Across the Globe OpenClaw mania: Alibaba launched a dedicated mobile app claiming to help users install and deploy OpenClaw within minutes, stepping up a battle to profit from the viral popularity of the AI assistant in China. Undersea cable blocked: The war in the Middle East has forced Meta to pause part of a massive effort to lay an undersea cable and expand internet service across Africa. Peloton’s next steps: The beleaguered fitness company plans to emphasize sales of its treadmills and put a greater focus on strength training as it seeks to pull itself out of a several-year slide. Revalued PixVerse has raised $300 million in fresh funding , elevating the value of the AI startup backed by Alibaba to more than $1 billion. PixVerse competes with a slew of firms to provide tools that help users make AI-created videos for advertising, entertainment and social media. No hands Robotaxis. The term usually means autonomous ride-hailing — vehicles that drive themselves and charge passengers without a human behind the wheel. Alphabet‘s Waymo operates the largest commercial service in the US. Amazon’s Zoox is very small, doesn’t charge a fare, but is preparing to expand. Uber didn’t build its own self-driving system. Instead, it aggregates supply — human drivers, and now increasingly robots. For years, the industry debated the use of safety drivers. When do they disappear? Who scales first without them? I sat down with Uber Chief Executive Officer Dara Khosrowshahi and Zoox CEO Aicha Evans in San Francisco last week to discuss their partnership to put Zoox vehicles using Uber’s app on the streets of Las Vegas. After that talk, and some timely intervention from regulators in DC, what struck me is that the real dividing line in the industry i...