Anduril has begun production at its factory in Ohio, with the first uncrewed Fury fighter set to come off a production line in Ohio this summer. Anduril Executive Chairman and Founders Fund Partner Trae Stephens joins Caroline Hyde and Ed Ludlow on a special edition of “Bloomberg Tech” live from the Hill and Valley Forum in Washington. (Source: Bloomberg)

格隆汇3月25日｜法国国家统计与经济研究所：法国一季度和二季度GDP预计将增长0.2%，6月份通胀率将达到2.2%。法国通胀将于下月升至2%。

BBC Sport chief football writer Phil McNulty asks what Spurs should do next with uncertainty surrounding the future of interim head coach Igor Tudor.

HP launches new EliteBook 6 business laptops with AMD and Intel processors Notebookcheck

Pedro R. Buhigas, the chief information officer of Kodiak Gas Services (NYSE:KGS) , reported the sale of 13,942 shares of common stock for a transaction value of $777,000, according to a SEC Form 4 filing covering trades on March 19, 2026. Transaction value based on SEC Form 4 reported price ($55.73); post-transaction value based on March 19, 2026 market close price. * 1-year performance calculated using March 19th, 2026 as the reference date. Continue reading

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北京时间3月25日凌晨，美股周二午盘涨跌不一，道指转涨，纳指与 标普指数 跌幅收窄。市场继续关注油价变化情况与中东局势的最新发展。 道指涨44.94点，涨幅为0.10%，报46253.41点；纳指跌108.31点，跌幅为0.49%，报21838.45点；标普500指数跌3.59点，跌幅为0.05%，报6577.41点。 美股主要股指在上一交易日反弹，因市场对美伊冲突可能迎来解决方案重燃希望。 昨日美股开盘前不久，美国总统唐纳德·特朗普在“真相社交”平台上发帖称，美国和伊朗进行了“非常良好且富有成效的对话，旨在全面彻底解决我们在中东的敌对状态”，随后主要股指应声飙升，道指盘中一度上涨超过1100点。油价也有所降温，为股市反弹提供了进一步支撑。 然而，伊朗官方媒体随即报道称，两国之间并未进行直接会谈。 这则新闻令美股涨幅收窄。 据一家知名财经媒体援引知情人士报道，在特朗普发表声明之前，美国确实通过中东中间人与伊朗进行了一系列闭门讨论。尽管如此，报道称，阿拉伯调解人对双方迅速达成协议的前景私下表示怀疑，因为双方分歧仍然很大。 此外，可以肯定的是，投资者对结束战争的谈判效果如何越来越感到困惑，因为在美国总统特朗普周一发表评论后，以色列和伊朗继续相互发动袭击。 油价周二恢复上涨，全球基准布伦特原油期货上涨逾1%，交易价格突破每桶101美元。西德克萨斯中质原油期货上涨3%，突破每桶90美元。 尽管特朗普语气乐观，但花旗集团美国股票策略师斯科特·克罗纳特认为，投资者尚未脱离险境。他表示：“在油价最终将如何波动，以及这些波动如何影响潜在经济状况方面，我们仍有许多工作要做。因此，我们认为目前‘下跌5%到10%’的说法尚可接受，但我们必须警惕，风险依然存在，而且仍然相当显著。” 此前，特朗普在周末曾威胁，如果霍尔木兹海峡不重新开放，将对伊朗发电厂发动袭击。伊朗则回应称，将把美国基础设施作为报复目标。 在周二盘前交易中，阿波罗全球管理公司股价下跌逾3%，此前该公司透露将限制其私募信贷基金的赎回。 责任编辑：张俊 SF065

Royal Bank of Canada offers AMD-linked Autocallable Notes (RBMCF) Stock Titan

JHVEPhoto/iStock Editorial via Getty Images L3Harris Technologies ( LHX ) started high-volume production of its Vampire counter-drone system at a new facility in Huntsville, Alabama, as demand grows for defenses against unmanned aerial threats. L3Harris's Vampire counter-drone system (L3Harris) The production line is designed to support assembly, testing and installation of the system across different platforms, including ground vehicles and container-based configurations. The company said the setup allows output to scale depending on demand from the U.S. and allied governments. Vampire has been used in European combat operations since 2023, where it has been deployed to detect and engage small drones. The system is part of a broader push by defense contractors to address the increasing use of low-cost unmanned aircraft in modern conflicts. L3Harris ( LHX ) has expanded the Vampire platform in recent years to include versions tailored for land, maritime and air operations, as well as electronic warfare applications. The system has also been integrated onto additional military vehicle platforms. The move to ramp up production reflects continued investment across the defense sector in counter-drone capabilities, as militaries seek scalable and adaptable systems to respond to evolving battlefield threats. More on L3Harris Technologies L3Harris Technologies, Inc. (LHX) Presents at JPMorgan Industrials Conference 2026 Transcript L3Harris Technologies, Inc. (LHX) Analyst/Investor Day - Slideshow L3Harris Technologies, Inc. (LHX) Analyst/Investor Day Transcript SA Asks: What's the best drone stock right now? (Update) L3Harris reaches GPS receiver milestone as military focuses on signal resilience

Nopalera, a San Antonio-based premium beauty and lifestyle brand founded by Sandra Velasquez, has closed a $4 million funding round led by Morgan Stanley's Next Level Fund, co-led by L'ATTITUDE Ventures, with supporting investors including Sixty8 Capital, Siddhi Capital, Portfolia, Wealthing Club, Alamo Angels, Juniper Growth, Black and Latino Angel Fund, and 14 private investors— positioning the fast-growing company to expand its retail presence and product offerings.

和谈的可能性有多大？ 美伊会谈“罗生门”后， 中东局势又有新变化。 对于特朗普 “ 一边打，一边谈 ”的操作， 伊朗目前仍未 有 “松口” 迹象。 据消息称，近期 美国 通过中间人与伊朗接触，但双方尚未正式展开谈判。 伊方致力于实现全面停战，而不仅仅是暂时停火。 早前，伊朗最高领袖顾问重申结束战争的条件。 今天， 外交部长王毅同伊朗外长阿拉格齐通电话，称谈起来总比打下去好。 巴基斯坦则表示，愿意充当美伊斡旋方，特朗普还火速响应。 深夜，美股震荡上扬，道指、标普500指数翻红。 黄金、白银 “V形” 拉升， 国际现货黄金站上4400美元关口，现货白银突破70美元关口。 油价继续走强。 WTI原油期货涨幅超4%，报91.69美元/桶。布伦特原油期货上涨超3%， 报98.98美元/桶 。 伊朗大消息 日前， 伊朗最高领袖顾问穆赫辛·礼萨伊重申了结束战争的条件。 他强调， 直到伊朗获得所有赔偿、所有经济制裁被解除，直到获得美国不干涉伊朗事务的国际法律保障，伊朗才会停止战争 。 礼萨伊指出，伊朗与美国的争端，不仅是关于此次冲突，或去年6月美以对伊朗的袭击，而是自1979年伊朗伊斯兰革命胜利后已持续了47年， 必须“做个了断”。 今天（当地时间3月24日）， 伊朗任命最高国家安全委员会新秘书。 据伊朗总统府宣布，经伊朗最高领袖穆杰塔巴·哈梅内伊批准，穆罕默德·巴盖尔·佐勒加德尔据总统令被任命为最高国家安全委员会秘书，接替日前遇袭身亡的拉里贾尼的职务。 据悉，佐勒加德尔曾担任拉里贾尼的副手。 同时， 伊朗国家安全委员会成员表示 ，伊朗并未提出任何停火建议。 另外伊朗强调，任何通行霍尔木兹海峡的船只都必须与其进行全面协调。 伊朗革命卫队海军表示， 由于集装箱船“赛琳号”（Celine）未持有通过霍尔木兹海峡的许可证，已将其强制驱离。任何通过霍尔木兹海峡的船只都必须与伊朗海上主权部门进行全面协调。 和谈的可能性有多大？ 24日， 中共中央政治局委员、外交部长王毅应约同伊朗外长阿拉格齐通电话。 阿拉格齐感谢中方提供紧急人道主义援助，表示 霍尔木兹海峡对所有人开放，但交战的国家不在考虑之列； 期待中方为促和止战继续发挥积极作用。 王毅重申了中方的原则立场， 谈起来总比打下去好， 希望各方抓住一切和平机会和窗口，尽快启动和谈进程。 值得一提的是， 巴基斯坦称愿意充当美伊斡旋方。 当地时间3...

Oracle (ORCL) Sees a Reinstated Buy Rating and New Price Target gurufocus.com

milindri/iStock via Getty Images The sharp selloff in The Arena Group ( AREN ) shares has been a direct reflection of a market perspective for the digital media industry (especially independent publishers) as a major loser in the AI space. Data by YCharts Believing that there are exaggerations in the recent skepticism, the prognosis for AREN is arguably not as bad as the market paints, and valuations have been discounted too much. Although I recognize that AREN needs to prove execution and innovate to regain market confidence, and not just depend on macro movements. At below $3 per share, I see asymmetry in the thesis, and that's why I continue with a bullish view in AREN. Why AREN Collapsed Despite Improving Fundamentals Since I first wrote about The Arena Group, things haven’t gone well for the stock price. The company has lost just over half of its market value, even though it is potentially in its strongest financial position in several years. Seeking Alpha I argued that until 2023, before being acquired by billionaire Manoj Bhargava (who bought the company’s debt and took a 65% stake in the company), The Arena Group was a virtually bankrupt, highly unprofitable company, burning through cash every year and carrying a heavy debt burden. But the scenario has changed dramatically since 2023, with The Arena Group cutting costs and reducing its workforce from 441 to 159 today, especially with the end of its contract with Sports Illustrated, enabling it to reverse operating losses in 2024, and posting $40.8 million in operating income in 2025—a positive figure for the first time since at least 2017—and EBITDA of $44.8 million. More importantly, The Arena Group once again reported positive cash from operations of $39.2 million in 2025, which was extremely important for reducing its total debt (it repaid $23.7 million in 2025), which now stands at $100 million ($89.7 million in net debt), implying a leverage ratio of ~2x. Seeking Alpha But, that being said, why did AREN...

JHVEPhoto/iStock Editorial via Getty Images Thesis: The recent downturn in Freeport-McMoran ( FCX ) offers a compelling entry point for this industry titan in the mining sector. The foundation of my bullish thesis rests on three pillars. First, despite recent geopolitical events and uncertainty over the US economy, the structural demand for copper thesis remains alive and well. Additionally, FCX is trading at a discount to its earning potential. Lastly, the company’s Grasberg asset provides a catalyst independent of the macroeconomic environment to propel the stock forward. Consequently, I am issuing a buy rating on FCX. Company Profile Freeport-McMoran is one of the world’s leading international metals companies, headquartered in Phoenix, AZ. The company holds assets including the Grasberg minerals district in Indonesia, the Morenci minerals district in North America, and the Cerro Verde mine in South America. The business model is highly leveraged to the price of copper and mildly insulated from downturns due to credits received from gold and molybdenum byproducts. The company holds $58 billion in total assets and employs approximately 29,000 individuals globally as of December 31st, 2025. 2025 Annual Filing Fourth Quarter, 2025 Earnings Prior to digging into the pillars of the bull thesis, we will review the company’s most recent earnings from Q4, 2025. Freeport delivered a beat on both earnings and revenue for Q4, 2025 with revenue of $5.63 billion versus an estimate of $5.28 billion and earnings-per-share of $0.47, representing a 68% surprise from the $0.28 consensus estimate. Full year metrics for 2025 were also strong for Freeport. Adjusted EBITDA was $9.9 billion, operating cash flows were $5.6 billion and copper sales totaled 3.6 billion pounds. Moreover, operating income for U.S. copper mining improved roughly 3.5 times versus Q4, 2024, helping to make up for the loss of income due to the closure of Grasberg. Furthermore, Freeport realized an average price...

We Are/DigitalVision via Getty Images Today I have to confirm my bullish view shared in 2024 on the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF ( PDBC ). The structure of PDBC seems able to collect the fruits (if we want to call them that) of the consequences of what is happening in Iran. At 1 year, US break-even inflation ( BEI ) has exceeded 5%: a signal that the market expects high inflation in the short term. But be careful, at 5 and 10 years, BEI remains flat. A signal that the market expects a transitory impact on inflation levels. Especially after Trump’s recent statement . At this point, a crossroads opens: if Trump’s words are true, an unpriced risk could be building on PDBC. Otherwise, an opportunity. My opinion leans more toward the first scenario. Key features to remember It is an actively managed ETF, built to offer exposure to a basket of commodities through derivatives. it has a clear objective: to outperform the DBIQ Optimum Yield Diversified Commodity Index Excess Return . In practical terms, the investor is not buying physical commodities, but an implementation strategy on futures and instruments linked to commodities. All without issuing Schedule K-1, unlike many commodity partnerships, making it more tax-efficient for retail investors. PDBC: 1-Year Performance Overview (Seeking Alpha) In doing so it has an expense ratio of 0.67% and a bid/ask spread with a median of about 0.06%. Costs still well covered by the yield: the dividend is variable, annual, entirely ordinary income, currently at 2.93%. It may seem distinctive at first glance but, in my view, not the real economic reason to own the fund. PDBC: Dividend Profile (Seeking Alpha) In this sense, the name “Optimum Yield” can be misleading if interpreted as an income-oriented feature for the investor, because the central “yield” of the strategy is the roll yield of futures, not a high and stable income stream. How it works The fund invests indirectly via a subsidiary in futu...

一些交易实体周一在石油期货合约交易中获利数百万美元，而交易发生时间恰好在美国总统唐纳德·特朗普发布关于与伊朗进行“非常良好且富有成效的对话”的帖子前15分钟。该帖子引发了市场反弹，也让市场观察人士对这笔时机可疑的石油交易提出质疑。 美国总统特朗普表示将把对伊朗发电厂和能源基础设施的预期打击推迟五天，等待本周将继续进行的谈判后，美国东部时间周一上午，石油期货价格暴跌10%。 伊朗随后否认进行了任何直接或间接接触，但石油市场似乎对特朗普总统在“真相社交”上的帖子反应强烈，周一油价大幅下挫。 但一家美国财经媒体和英国著名财经媒体的记者与分析师注意到，在特朗普总统发布导致油价暴跌的帖子前15分钟，出现了异常交易活动。根据英国著名财经媒体基于美国财经媒体数据的计算，在帖子发布前15分钟的一分钟内交易的巨额西德克萨斯中质原油和布伦特原油期货合约的名义价值估计约为5.8亿美元。 目前尚不清楚是一个还是多个实体参与了这些交易，也不清楚这纯属巧合还是更接近内幕交易。 分析师告诉英国著名财经媒体，大额交易的时机看起来可疑。 一位美国经纪商的市场策略师对英国著名财经媒体表示：“很难证明因果关系。”“但你不得不去想，在特朗普发帖前15分钟的那个时间点，谁会相对积极地卖出期货。” 一位投资组合经理指出，“在没有任何事件风险的日子里，没有美联储公告，也没有重要的石油市场数据出炉，这是一笔异常大的交易。”“有人刚刚发了大财，”该经理告诉英国著名财经媒体。 白宫断然否认了任何有关内幕交易的说法。 白宫发言人库什·德赛对英国著名财经媒体表示：“白宫不容忍任何政府官员利用内幕信息非法牟利，任何在没有证据的情况下暗示官员从事此类活动的说法都是毫无根据且不负责任的报道。” 责任编辑：张俊 SF065

Jonathan Kitchen/DigitalVision via Getty Images Intro Utility income funds are supposed to be defensive in nature, offering steady monthly yields of between 6 and 8% and investing in reliable and boring utility companies that do not prefer to rock the boat. Reaves Utility Income Fund ( UTG ) has a $2.40 annual distribution and a current yield of about 6.2%. So UTG appears to fit that profile. However, UTG paid out over $206 million in distribution last year but generated just $28 million in net investment income. That means only 14% of the payout came from steady income, and the rest came from realized gains and portfolio appreciation. This is not how traditional utility funds operate. This is an important distinction for this fund. UTG’s performance has been driven by leveraged investment in stocks selected through a very specific criterion. That criterion is to build a portfolio tilted towards power producers specifically benefitting from AI-driven electricity demand. That system has worked out well for UTG. In the past year, UTG has delivered a strong 27% NAV gain vs. 14.72% for the S&P Utilities Index; however, that specificity also means that UTG behaves less like a defensive utility income fund and more like a leveraged equity strategy. The strategy has worked - so far - distributing returns in an income-like format. The Distribution Reality 86% of UTG’s distribution last year was sourced primarily from capital gains. Realized gains last year were $182.6 million, with another $558.4 million in unrealized appreciation in its portfolio. That means UTG is primarily relying on market performance, not portfolio income, to fund its payout. UTG has distributed over $1.7 billion to shareholders since its inception, showing how consistently this model has been executed We have seen this with well-managed funds before: a stable distribution does not have to mean that the underlying income is stable. That’s where management comes into the picture. Its job is not to sourc...

As Sinaloa’s conflict grinds on, firearms traced to recent US sales are increasingly linked to Arizona When war broke out within the Sinaloa cartel , one of Mexico’s most powerful criminal organisations, people hoped it would last just a few months. But more than a year and a half later it is still going, fuelled by a flow of firearms from the US – specifically from Arizona, which has surged past Texas to become the top source of guns seized in Mexico and traced to a recent US purchase. Continue reading...

John Cage appeared on an Italian quizshow. Jean Genet stole rare books. Emily Carr reared bobtails. And Kathy Acker did X-rated acts with her boyfriend … we explore the unlikely sidelines of struggling artists Before he pioneered a new genre of semi-autobiographical writing, the great French novelist and playwright Jean Genet pioneered something very different indeed: a special briefcase for stealing valuable books that he would later resell – after reading them first, of course. “I perfected a trick briefcase,” he later recalled, “and I became so handy in these thefts that I could push politeness to the point of pulling them off under the very nose of the bookseller.” For as long as young people have dreamed of careers in the arts – as novelists, painters, poets, musicians and other species – they have had to measure their dreams against their economic circumstances. Often they have found a yawning gap between what they hope to do and what they have the means to pay for. Continue reading...

Click here to submit a picture for publication in these online galleries and/or on the Guardian letters page Continue reading...

政府指明白社會各界，希望宏福苑火災獨立委員會調查盡快有結果，理解市民對研訊內容的強烈關注，但認為調查和進行研訊的過程，需對所有涉事者保持公道，不應假定委員會已有任何判斷。 對於有意見認為，應將圍標等反競爭行為刑事化，政府表示商務及經濟發展局，正與競爭事務委員會緊密合作，從包括立法及其他層面，檢討競爭制度等方面，加強對有關行爲的阻嚇力。

Hormel Foods, a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at 29.25 cents a share on March 23, 2026, will be paid May 15, 2026, to stockholders of record at the close of business on Ap

In trading on Tuesday, application software shares were relative laggards, down on the day by about 2.5%. Helping drag down the group were shares of UiPath, down about 9.5% and shares of TON Strategy down about 9.3% on the day. Also lagging the market Tuesday are information t

Wintrust (WTFC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.