格隆汇3月19日｜ST炼石公告，2025年营业收入18.74亿元，同比增长7.08%。净利润亏损5.18亿元，上年同期亏损2.62亿元。公司计划不派发现金红利，不送红股，不以公积金转增股本。

格隆汇3月19日｜帝科股份(300842.SZ)公告称，公司发布2025年年度报告摘要，实现营业收入180.46亿元，同比增长17.56%；归属于上市公司股东的净利润亏损2.76亿元，同比转亏。公司计划不派发现金红利，不送红股，不以公积金转增股本。

格隆汇3月19日｜科摩罗内政部长穆罕默德·阿哈马达·阿苏马尼表示，科摩罗附近海域一艘船只发生事故。船上共载有51人，30人成功获救，17人确认遇难，另有4人失踪。目前，幸存者已被送往医院，海岸警卫队仍在继续进行搜救行动。

If ever there was a TV show that you’d think should be left at a single season, it would be Jury Duty. The Amazon series became a slow-burning, word-of-mouth hit through 2023 for pulling off a frankly unbelievable stunt: successfully convincing one man, Ronald Gladden, that he was taking part in an LA courtroom documentary when, actually, everything about the process was staged and he was the only participant who was not an actor. Despite the continual escalations from the cast (including the actor James Marsden, playing an arrogant parody of himself roped into jury service) and the ever-present risk of Gladden cottoning on and toppling the entire production, somehow the makers manage to maintain the ruse for long enough for the “jury” to return a verdict. Not only was 30-year-old Gladden not even a little bit peeved when the deception was revealed; the resulting comedy also managed to be warm, kind and genuinely funny. Jury Duty even won a Peabody award for proving that reality television could “bring out the best” in people. So when a second season was announced, the response – even from fans – was one of trepidation. Jury Duty had been a critical and commercial success, making the hoax extremely hard to restage. Even if it were possible, surely you couldn’t hope to find a second solid-gold gem like Ronald Gladden? Even the makers had their doubts, says director Jake Szymanski over Zoom. “We did not know if it could be done again … It is a lot of work, and there’s a lot of risk.” But, somehow, they’ve pulled it off. Jury Duty Presents: Company Retreat follows 25-year-old Anthony Norman from Nashville, a temp worker hired (like Gladden) via Craigslist to support a family-owned hot sauce company on its annual retreat. When his manager abruptly takes flight, Norman is thrown in at the deep end, tasked with being “Captain Fun” to his new and eccentric co-workers. If that wasn’t enough, the company’s founder is preparing to step down; Norman finds himself responsible f...

格隆汇3月19日｜李宁公告，2025年收入295.98亿元，同比增长3.2%；净利润29.36亿元。董事会建议派发末期股息每股23.36分人民币，全年股息每股56.95分人民币，派息比率为50%。

中共中央政治局委员、外交部长王毅19日应约同英国外交大臣库珀通电话。双方重点就中东局势交换意见。库珀介绍了英方对当前中东局势的看法，表示面对日益动荡的世界，英方希望同中方密切沟通，推动战事尽快结束，重启外交谈判，寻求长期解决方案。王毅阐述了中方立场，表示当前中东冲突还在升级、战事仍在扩大，不仅冲击地区和平稳定，更直接影响国际能源（850101）、金融、贸易和航运，损害各国共同利益。战火延宕没有赢家，停火止战是人心所向。中方敦促各方立即停止军事行动，通过平等对话解决分歧，共同维护地区和平稳定。中英作为联合国安理会常任理事国，负有维护国际和平与安全的职责，应加强沟通，坚持做有利于和平的事，共同致力于维护联合国宪章宗旨原则和国际关系基本准则，防止国际秩序继续受到破坏、世界和平根基遭到侵蚀。双方还就中英关系交换意见，一致认为应积极落实两国领导人共识，加强交往，持续推进中英长期稳定的全面战略伙伴关系，为变乱交织的世界提供稳定性和确定性。(央视新闻)

格隆汇3月19日｜德国化工行业游说组织VCI：由于来自中东或亚洲的关键化学品供应不足，将出现价格上涨和短缺。

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Microsoft (MSFT) stock is in focus after reports it may sue Amazon and OpenAI over a US$50b cloud deal that could weaken Azure’s exclusive role in commercializing OpenAI’s enterprise Frontier platform. See our latest analysis for Microsoft. Despite a busy few weeks of AI partnerships, product updates and now a potential dispute over OpenAI’s US$50b Frontier deal, Microsoft’s recent share price return has been under pressure. Its 90 day share price return is 19.05% and its year to date share price return is 17.16% in the red, even as the 1 year total shareholder return of 1.80% and 3 year total shareholder return of 47.29% point to a much stronger longer run picture. If you are looking beyond Microsoft and want to see how other AI infrastructure names are trading, it can be useful to scan the broader opportunity set using our AI infrastructure stocks screener, starting with 34 AI infrastructure stocks. With Microsoft trading below many analyst valuation estimates and carrying a value score of 5, the question is whether current weakness reflects an undervalued AI heavyweight, or if the market is already factoring in much of its future growth. Most Popular Narrative: 6.7% Undervalued At a last close of $391.79 against a fair value of $420.00 in the most followed narrative, Microsoft is framed as modestly undervalued, with that view built on concerns about how its AI push, Windows franchise and capital spending interact over time. Microsoft is currently digging away the foundation that makes it different. It is trapped in a perfect storm, losing the AI tech war to Google, burning cash on infrastructure without guaranteed ROI, cannibalizing its own seat-based revenue, and antagonizing users with a buggy, bloatware-filled operating system. The ship is massive, and momentum will carry it forward for years. But if Microsoft continues to sell an inferior, job-de...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Microsoft (MSFT) stock is in focus after reports it may sue Amazon and OpenAI over a US$50b cloud deal that could weaken Azure’s exclusive role in commercializing OpenAI’s enterprise Frontier platform. See our latest analysis for Microsoft. Despite a busy few weeks of AI partnerships, product updates and now a potential dispute over OpenAI’s US$50b Frontier deal, Microsoft’s recent share price return has been under pressure. Its 90 day share price return is 19.05% and its year to date share price return is 17.16% in the red, even as the 1 year total shareholder return of 1.80% and 3 year total shareholder return of 47.29% point to a much stronger longer run picture. If you are looking beyond Microsoft and want to see how other AI infrastructure names are trading, it can be useful to scan the broader opportunity set using our AI infrastructure stocks screener, starting with 34 AI infrastructure stocks. With Microsoft trading below many analyst valuation estimates and carrying a value score of 5, the question is whether current weakness reflects an undervalued AI heavyweight, or if the market is already factoring in much of its future growth. Most Popular Narrative: 6.7% Undervalued At a last close of $391.79 against a fair value of $420.00 in the most followed narrative, Microsoft is framed as modestly undervalued, with that view built on concerns about how its AI push, Windows franchise and capital spending interact over time. Microsoft is currently digging away the foundation that makes it different. It is trapped in a perfect storm, losing the AI tech war to Google, burning cash on infrastructure without guaranteed ROI, cannibalizing its own seat-based revenue, and antagonizing users with a buggy, bloatware-filled operating system. The ship is massive, and momentum will carry it forward for years. But if Microsoft continues to sell an inferior, job-de...

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is a reporter focusing on film, TV, and pop culture. Before The Verge, he wrote about comic books, labor, race, and more at io9 and Gizmodo for almost five years. Posts from this author will be added to your daily email digest and your homepage feed. Soon, some of TikTok’s biggest personalities are going to be launching new streaming series on Tubi. Today, Tubi and TikTok announced that they are working together to launch a new Creatorverse Incubator that will help content creators produce long form original series for the Fox-owned streaming service. Once selected for the program, a group of Tiktokkers will work with Tubi to develop a variety of scripted and unscripted (think competition / dating / game shows) projects covering a number of different genres. In a statement about the initiative, Tubi said that it plans to announce its first cohort of participants some time later this summer. TikTok’s global head of entertainment partnerships Dawn Yang also stressed that the company sees the incubator as another way of “empowering creators on our platform and throughout their career journey.” ”Our creators have built deeply engaged audiences on TikTok, and our partnership with Tubi will give the next generation of entertainers more opportunities to expand their audiences, tell bigger stories, and turn their creativity into lasting impact,” Yang said. The Creatorverse Incubator sounds a bit like Tubi’s Stubios initiative, which gave up-and-coming filmmakers an opportunity to develop new streaming projects whose funding was contingent on hitting certain fan engagement metrics. While the Stubios program has featured social media stars, the Creatorverse Incubator seems like it’s going to be much more focused on directly capitalizing on its participants’ previous success on TikTok. That makes some sense in a media environment where more studios are beginning to invest in TikTok-inspired vertical videos. But Tubi’s emphasis on the incubator being meant for long form content...

对重复上市采取“原则上禁止、例外允许”的严格审查；引入“点名批评”机制，每半年公布各行业内市净率处于后20%的企业名单 当地时间2026年3月18日，韩国首尔，韩国总统李在明出席在青瓦台举行的“资本市场稳定与正常化”座谈会。图：视觉中国 【财新网】 “投资时以为是一家实体企业，结果却发现只剩空壳（only the shell remains）。”3月18日，韩国总统李在明在青瓦台主持召开的“资本市场稳定与正常化”座谈会上，以此生动比喻直指韩国股市长期存在的信任危机。 李在明在谈及长期困扰韩国股市的“韩国折价”（Korea Discount）问题时指出，这主要由公司治理问题和管理权滥用、股价操纵等不正当行为、朝鲜半岛的地缘政治风险以及产业政策的不确定性四方面因素导致。

After Six Nations, focus back on clubs with Saracens’ director of rugby saying ‘there’s everything to play for’ Remember the Prem? It’s been in hibernation almost as long as your tortoise. The last sighting of England’s elite men’s domestic league was on 24 January but now, finally, it is re-emerging from the shadows of the Six Nations , starting under the Friday night lights at the Rec where second-placed Bath are hosting sixth-placed Saracens. It has certainly felt like a protracted hiatus, even if the lower-profile Prem Cup has taken up some slack. And with only eight regular season rounds remaining every would-be playoff contender has no choice but to hit the ground running. As Bath’s head coach, Johann van Graan, says: “It doesn’t really matter what you’ve done before. It’s about what you do going forward.” Which, up to a point, is true. The race to make the top four still has six realistic candidates separated by only 11 points. Given the lack of relegation in a 10-team-league, though, the organisers will be praying for a compelling run-in with Sale Sharks, Gloucester, Harlequins and Newcastle Red Bulls already trailing the rest of the peloton. The good news is that a spectacular Six Nations has raised rugby’s profile at just the right time. Next week is being billed as the Big Match Bonanza, with a triple-header of games scheduled for Villa Park, Cardiff’s Principality Stadium and Tottenham Hotspur Stadium. By then a few more battered England squad members should be back out on the field, including the national captain Maro Itoje and Jamie George. Reducing the number of fallow Six Nations weeks from two to one may have assisted the tournament’s momentum but, inevitably, there is a knock-on effect. Ben Spencer, though, is back to lead Bath just six days after playing for England in Paris and Scotland’s Finn Russell, too, is straight in at 10. Guy Pepper and Sam Underhill are on the bench, while Elliot Daly starts for Sarries. The two clubs, as it happens, are ...

primeimages/iStock via Getty Images The iShares National Muni Bond ETF ( MUB ) is in focus today as we dial in on an asset class that I find highly appealing in the current market climate. I believe municipal bonds will provide excellent risk-adjusted value to fixed-income investors during this period of global uncertainty. Municipal bond vehicles are available in abundance. However, I find the MUB ETF particularly appealing. I last covered the vehicle in June 2025, where I assigned a bullish outlook on the basis of its risk-adjusted value versus corporate credit. Why I'm Bullish TEY Is Competing With Corporate Bond Yields I'm attracted to municipal bonds at this stage of the credit cycle due to their relative value attributes and moderate credit risk sensitivity. For example, MUB ETF has a tax-equivalent yield of ~5.37%, which is roughly 12 basis points higher than the aggregate yield on U.S. investment-grade corporate bonds. I find the phenomenon particularly impressive, given the fact that MUB ETF has 14.80 basis points in option-adjusted credit sensitivity, which is much lower than AAA corporate bonds' 43 basis points –low credit sensitivity is arguably suitable to the current market environment, given that perceived global economic risk has risen during a period of compressed credit spreads. Side note: As visible in figure 1, MUB ETF maintains investment-grade exposure with an emphasis on AA and AA. These ratings may change as time passes. In addition, MUB ETF has a duration of 6.41, which may differ from aggregate corporate bond durations. Figure 1 (iShares) Furthermore, MUB ETF possesses strong relative value properties compared to Treasury yields, echoed by its TEY of 5.37% being ~115 basis points higher than the U.S. 10-year yield , ~135 basis points higher than the U.S. 7-year yield, and 155 basis points higher than the 5-year yield. What's particularly impressive is that municipal TEYs are higher without on-boarding much credit risk. For example, MUB ETF ...

财联社3月19日讯（记者 刘阳） 原材料成本上行更像一次全行业的压力测试，不仅挤压企业利润空间，更重新划分了行业生存门槛。 “整体而言，公司希望通过供应链运营效率的提升，来对冲原材料成本涨价带来的影响，（我们的）目标肯定是不影响毛利率的改善。”3月18日，在登陆港股市场后的第一次业绩会上，奇瑞集团副总裁戚士龙坦言，今年原料上涨业内非常关注，一方面碳酸锂等材料价格呈现周期性波动；其次，包括铜，甚至整个 化工 材料因为中东冲突的影响都有传导。“公司将通过技术进步来实现技术降本，比如在线束上采取铝代铜。同时，储存芯片在 单车 成本中占比也有限。” 针对行业原材料价格波动是否会影响公司毛利率的问题，同日，吉利 汽车 集团CFO戴永在吉利汽车2025年全年业绩会上表示，原材料价格具有周期性走势，可通过相关措施进行对冲。“公司通过规模降本，上游 大宗商品 价格上涨的影响是可控的。”戴永称。 自2025年下半年以来，车规级存储芯片价格持续攀升。瑞银发布的报告显示，近三个月车规级存储芯片整体价格上涨约180%，其中DDR4 内存 累计涨幅已超过150%；而DDR5内存涨幅更为明显，价格一度飙升至300%。汇丰研究报告认为，仅存储芯片价格的上涨，就可能使单辆电动车的成本增加约1000至3000元。 “2026年企业最大的成本压力来自存储芯片涨价。”在蔚来董事长李斌看来，汽车行业和 AI 、算力中心等抢芯片难度不小。 与存储芯片带来的成本冲击并行， 有色金属 市场的周期性反弹构成 整车 企业的另一重压力。自去年第四季度以来，铜、铝及碳酸锂等关键原材料价格普遍走高。其中，沪铝价格一度突破每吨2.5万元，创近20年新高；铜价亦站上每吨10万元关口，1月中上旬的价格振幅扩大至9.9%。 此外，作为 动力电池 的“ 粮食 ”， 电池 级碳酸锂价格从2025年7月的7.5万元/吨涨至2026年3月的17万元/吨左右，涨幅接近130%。仅碳酸锂一项，单车电池成本降增加3000元至5000元。多家机构表示，春节后碳酸锂 期货 市场投机情绪偏强、整体看涨氛围浓厚，“碳酸锂价格有望上涨”也成为行业共同的判断。 瑞银投资 银行 研报显示，受2026年初刺激措施退坡、购置税恢复与大宗商品成本上涨的三重挑战冲击，预计一辆普通的中型智能化电动汽车的成本涨幅高达4000至7000元。 多重压力之下，车企纷纷向内“...

文章提及标的 LPG -- 大商所液化石油气(LPG)主力合约大涨7%，报6650元/吨。

This past Monday morning, Dollar Tree (DLTR 3.92%) released its fourth-quarter earnings, reporting solid revenue and earnings. Net sales rose 9% to $5.5 billion, and same-store sales rose 5%, while diluted earnings climbed 38% to $2.56 a share. And the company opened 402 new Dollar Tree stores in 2025 while divesting its Family Dollar chain, which didn't perform as well. It now has more than 9,000 locations. Management said it expects net sales to rise to about $20.6 billion for full-year 2026, up slightly from $19.4 billion last year. And it plans to open an additional 400 stores this year while closing about 75. Dollar Tree stock jumped 6.4% after its earnings release. Could there be more upside for investors ahead? Expand NASDAQ : DLTR Dollar Tree Today's Change ( -3.92 %) $ -4.39 Current Price $ 107.45 Key Data Points Market Cap $21B Day's Range $ 106.56 - $ 110.92 52wk Range $ 61.87 - $ 142.40 Volume 106K Avg Vol 3.1M Gross Margin 36.40 % Higher-income shoppers are flocking to Dollar Tree stores The best news may be coming down the pike. The company is repricing its merchandise to sell more items in the $3-$5 range, especially toys and party supplies. Why? Because its customer mix is changing, and these customers can afford more expensive items. Dollar Tree, like many discount chains, is seeing an influx of shoppers with higher incomes. And the company is moving into wealthier areas, too, as its popularity grows among customers who earn $100,000 or more. The company claims that last quarter, 60% of its customers had income that high. The increase in higher-income customers is not unique to Dollar Tree. Since prices soared during the bout of COVID-19 pandemic-related inflation a few years ago, lots more affluent Americans have drifted to retailers like Dollar Tree, Aldi, Five Below, and Walmart. They may not do all their shopping at these chains, but they are making them part of their broader shopping routines. Wage gains have largely caught up with higher price...

Key Points In a challenging economy, higher-income shoppers are flocking to discount chains. Dollar Tree has moved to reprice its merchandise to take advantage of this trend. 10 stocks we like better than Dollar Tree › This past Monday morning, Dollar Tree (NASDAQ: DLTR) released its fourth-quarter earnings, reporting solid revenue and earnings. Net sales rose 9% to $5.5 billion, and same-store sales rose 5%, while diluted earnings climbed 38% to $2.56 a share. And the company opened 402 new Dollar Tree stores in 2025 while divesting its Family Dollar chain, which didn't perform as well. It now has more than 9,000 locations. Management said it expects net sales to rise to about $20.6 billion for full-year 2026, up slightly from $19.4 billion last year. And it plans to open an additional 400 stores this year while closing about 75. 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 » Dollar Tree stock jumped 6.4% after its earnings release. Could there be more upside for investors ahead? Higher-income shoppers are flocking to Dollar Tree stores The best news may be coming down the pike. The company is repricing its merchandise to sell more items in the $3-$5 range, especially toys and party supplies. Why? Because its customer mix is changing, and these customers can afford more expensive items. Dollar Tree, like many discount chains, is seeing an influx of shoppers with higher incomes. And the company is moving into wealthier areas, too, as its popularity grows among customers who earn $100,000 or more. The company claims that last quarter, 60% of its customers had income that high. The increase in higher-income customers is not unique to Dollar Tree. Since prices soared during the bout of COVID-19 pandemic-related inflation a few years ago, lots more affluent Americans have drifted to retailers like Do...

Pink Slip Pivot: Meta Eyes Massive Layoffs To Feed Its AI Ambition Benzinga

格隆汇3月19日｜美国气候预测中心：根据当前海洋和大气观测数据，拉尼娜现象仍持续存在。

格隆汇3月19日｜毕马威英国首席经济学家耶尔·塞夫林称，英国央行周四决定维持利率不变，此前投资者的预期迅速从预期今年利率将逐步下调转变为可能会上调利率。她表示，对于央行而言，关键在于能源冲击带来的次级效应的严重程度，以及这种效应是否有可能重新引发通胀压力。因此，央行可能会忽视劳动力市场和整体经济中较为温和的信号，而更重视未来几个月的潜在价格指标。然而，尽管英国央行的态度如此，但今年晚些时候仍有可能降息，条件是能源冲击的影响开始减弱且通胀如预期般下降。