gorodenkoff/iStock via Getty Images Market Brief - A Tough Market Week This past week was another disappointing one. Markets opened the week surging after President Trump posted on Truth Social that U.S.-Iran talks had been “very good and productive” and that he was halting strikes on Iranian power plants. Brent crude fell more than 10% in a single session, its biggest single-day drop since early March, while the S&P 500 ( SPX ) gained 1.15%. It was the kind of relief rally that tempts investors into believing a corner has been turned. It wasn’t. By Wednesday, Iran had rejected the U.S. ceasefire proposal as “one-sided and unfair.” Oil reversed and climbed higher. Then, Thursday delivered the gut punch with the S&P 500 falling 1.7%, its worst single-session decline since the war began. With that, the market failed to hold the 200-day moving average on the retest. Investors hit the “sell” button across asset classes in a rush for liquidity. It was a tough week all around. The macro backdrop darkened further. Futures markets pushed the probability of a Fed rate hike by year-end to 52%, which is the first time it has crossed the 50% threshold, as Brent topped $110 and inflation fears intensified. The OECD also sharply revised its 2026 U.S. inflation forecast to 4.2%, up from the Fed’s 2.7% projection. Consumer sentiment reflected the pain, with the University of Michigan’s final March reading falling to 53.3. Year-ahead inflation expectations also stalled at 3.4% after six consecutive months of declines, driven almost entirely by the post-conflict gasoline shock. Outside of Iran, the news didn’t get much better. The ongoing private credit deterioration, the subject of today’s commentary, continued. Apollo Global Management ( APO ) capped redemptions on its $25 billion Apollo Debt Solutions BDC after withdrawal requests reached 11.2% of shares, more than double its 5% quarterly limit, and paid investors roughly 45 cents on the dollar for deferred requests. Ares Capital ...

据多家以色列媒体29日报道，以色列南部城市贝尔谢巴一处工业区当天遭伊朗导弹击中，现场燃起大火，有“危险物质泄漏”。报道说，贝尔谢巴以南的内奥特霍瓦夫工业区当天下午遭伊朗来袭导弹击中，引发大火。以色列公共广播公司援引消防救援人员的话说，救援清理工作预计将“持续数小时”，附近人员“应留在安全区域内”，避免吸入空气中的“有害物质”。以色列消防救援部门说，已派出三个专业危险品处理小组来评估危险等级。内奥特霍瓦夫是以色列南部主要工业区，主要进行化学品生产和危险废料处理。(新华社)

Bloomberg News White House Correspondent Jeff Mason reports from the CPAC conference held at the Gaylord Hotel in Texas. He joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to explain how, despite strong support for President Trump, attendees expressed unease. (Source: Bloomberg)

Meta Platforms Stock Is Down 13% This Week. Here’s Why Analysts Still See 62% Upside to $850 TIKR.com

BBC Sport takes a look back at Igor Tudor's five Premier League games in charge as Tottenham Hotspur boss.

Croat failed to win a league match as interim head coach Had been away from post following death of father Tottenham have parted company with Igor Tudor after seven games and 44 days in a desperate attempt to halt their slide towards relegation from the Premier League. According to the club, the decision was mutually agreed. Tudor took one point from his five league matches to leave Tottenham one above the bottom three, the final straw coming in Sunday’s 3-0 home defeat by Nottingham Forest . A previously unthinkable demotion to the Championship would be devastating for prestige and revenues. Continue reading...

tupungato/iStock Editorial via Getty Images Introduction Beiersdorf ( BDRFF ) ( BDRFY ) is one of the world’s consumer goods companies with some iconic brands in its portfolio that is geared towards protecting and expanding its position in the skin care industry. The brand names NIVEA, Hansaplast, and Eucerin enjoy worldwide brand recognition and are the cornerstone brands in Beiersdorf’s portfolio. Meanwhile, the Tesa tape brand enjoys a good reputation in the business segment. In order to maintain its position in its core markets, Beiersdorf has to continue to invest in R&D, which is one of the main expenses that are not directly related to SG&A or the actual COGS. These continued R&D efforts will allow Beiersdorf to launch new products this year. Yahoo Finance Beiersdorf has its primary listing in Germany, where it is trading on Deutsche Boerse with BEI as its ticker symbol . The average daily volume in Germany is approximately half a million shares per day. Beiersdorf’s current market capitalization after the share price drop is approximately 16.1B EUR. I will use the Euro as base currency throughout this article. Looking back at the 2025 results Beiersdorf reported a pretty flat revenue in 2025, at 9.85B EUR . Unfortunately, the COGS increased by approximately 2% to 4.17B EUR, resulting in a 1.5% decrease in the gross profit. As the income statement below shows, the marketing and selling expenses remain a very important cost. Fortunately, Beiersdorf was able to slightly reduce those expenses, and as you can see below, it was successful in keeping all of its operating expenses under control. Beiersdorf Investor Relations That helped to record a 2% EBIT increase, although that was mainly caused by a substantially lower ‘other operating expense,’ which decreased from exceeding half a billion Euro in the preceding year. As you can see below, a substantial portion of the other operating expenses are related to FX expenses (but this is compensated by a FX gain in the...

Bain: Expanded Partnership With Palantir To Accelerate AI Transformation pulse2.com

格隆汇3月29日丨美国新泽西州民主党参议员Andy Kim敦促特朗普不要向伊朗派遣地面部队。Kim曾任外交官，在周日上午接受CNN采访时，他表示，向伊朗部署地面部队只会延长冲突，并在已经看到如此多军人处于危险之中的情况下，进一步增加风险。Kim还质问道，这将是一项极其冒险的行动，而目的又是什么？此前据华尔街日报报道，美国防部正考虑向中东地区增派最多1万名地面部队。尽管这些部队的具体部署地点尚不明确，但很可能会被部署在能够打击伊朗及其位于哈尔克岛的石油出口枢纽的范围内。

Igor Tudor leaves Tottenham Hotspur with immediate effect.

Bain: Expanded Partnership With Palantir To Accelerate AI Transformation Pulse 2.0

财联社3月29日讯（记者 张校毓） 2026年，一只“红色小龙虾”在科技圈引发广泛关注。 OpenClaw的爆火，不仅是一次技术产品的出圈，也在中关村论坛期间掀起了关于AI开源生态与智能体（Agent）未来的深层讨论，杨植麟、张鹏、罗福莉等罕见同台谈“龙虾”。从模型层到算力层，再到Agent层，AI应用正以前所未有的速度从实验室涌入千行百业，赋能科学研究及日常办公等多个领域。 而在热潮之下，更值得追问的是：AI将往何处去？ 业内人士分析认为，开源生态正从“工具协同”迈向“自进化”新阶段，依托能源与制造领域的优势，我国可以将“科创工厂”模式转化为面向全球的AI产品与服务能力，形成具有中国特色的普惠经济学路径。展望未来一年，还存在生态共建不足、工程化落地时间窗口压缩、算力瓶颈再度凸显等挑战。 “龙虾”背后：开源与Agent成关注焦点 在人工智能技术加速演进、“小龙虾”爆火的背景下，开源与智能体（Agent）成为业界热议的焦点。 清华大学智能产业研究院（AIR）创始院长、中国工程院外籍院士张亚勤在2026中关村论坛年会“AI开源前沿论坛”上表示：“现在我们进入一个新的范式，从生成式AI走向智能体AI”。月之暗面创始人杨植麟在中关村论坛年会上也提到，通过开源的技术，逐渐让更多的技术和模型成为新的标准。 杨植麟进一步阐释：“通过开源让每一个企业、每一个研究者、每一个终端用户能非常低门槛获取智能，是非常重要的事情。同时我们也在做很多重要创新，包括很多架构，使得这些技术都是开放的、可以被任何人所获取，大家能够形成一个生态系统，一起去推动这个领域的发展。” 围绕“OpenClaw与AI开源”，杨植麟与智谱华章CEO张鹏、无问芯穹联合创始人兼CEO夏立雪、小米MiMo大模型负责人罗福莉以及香港大学助理教授、Nanobot团队负责人黄超亦在“AI开源前沿论坛”上展开深入探讨。 “OpenClaw与AI开源圆桌会议”现场，图片来源：财联社记者/摄 张鹏更愿把OpenClaw称作“脚手架”。“它提供的是一种可能性。在模型的基础之上搭起了一个牢固、方便又灵活的脚手架，大家可以按照自己的意愿去使用模型。” 黄超补充认为，从交互模式上看，OpenClaw之所以会爆火，首先是给了大家“活人感”。此外，OpenClaw整体也让人思考：我们是否需要一个All-in-One、非常强大的智能体，能帮助用户...

While complexity gets the attention, successfully investing in the stock market can be extremely simple.

Key PointsIt is understandable that many retail investors would want to emulate stock market experts.

当地时间3月29日，伊朗伊斯法罕省副省长表示，美国和以色列对伊斯法罕市多地区发动了袭击，其中伊斯法罕理工大学在过去一周内第二次成为袭击的目标。在26日时，伊朗方面称，美以袭击了伊朗伊斯法罕理工大学内的一栋建筑，未造成人员伤亡。（央视新闻）

城大經濟及金融系副教授杜渡，因賄賂地產代理，早前被判監四個半月，獲准保釋正等候上訴。城大指已暫停他的課堂。 杜渡被指在2022年，在簽臨時租約後「撻訂」，以1,000元試圖賄賂地產代理，讓他免付1.6萬元佣金。上周在沙田裁判法院裁定罪成。 城大回覆查詢時指，校方支持守法循規，對教職員行為操守有清晰指引，已按既定紀律程序處理相關事宜。

Bloomberg News Senior Editor Chris Anstey joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss what the 'secret sauce' that's missing in the AI revolution. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)

麦纳麦消息：巴林内政部29日发表声明说，鉴于伊朗的导弹和无人机袭击，巴林宣布对使用渔船及休闲船只的海上活动实施宵禁。声明说，该禁令自29日起生效，每日18时至次日4时实施。声明说，“这些措施是为了在当前形势下加强海上安全并提升应对能力”，要求相关人员遵守海上宵禁的时间规定，以确保自身安全并避免承担法律责任。(新华社)

Alphabet Inc. Google rattled global memory stocks after unveiling its TurboQuant AI algorithm, triggering a sharp sell-off amid fears that improved efficiency could dampen demand for memory chips. However, analysts pushed back on the bearish reaction, arguing the technology is more likely to expand AI use cases and ultimately drive higher long-term demand—framing the pullback as a potential "buy the dip" opportunity for investors. TurboQuant Triggers Sharp Sell-Off in Memory Stocks Google introd

Robotaxi已成为文远知行的业绩增长引擎

Pontiff’s unusually pointed comments come after Pete Hegseth’s prayer for violence against enemies ‘who deserve no mercy’ Pope Leo has said God ignores the prayers of leaders who wage war and have “hands full of blood”, in an apparent rebuke to the Trump administration. The pontiff made the comments on Sunday as thousands of US troops arrived in the Middle East and days after the US defence secretary, Pete Hegseth , prayed for violence against enemies who deserved “no mercy”. Continue reading...

Subprime Crisis 2.0: Will Private Credit Be The Trigger? Via RealInvestmentAdvice.com, We have recently tackled the rising stress in the Private Credit markets. Here are a few of our previous warnings: Fitzpatrick: Soros CEO & CIO Warns of a Reckoning Private Credit Stress: Will The Fed Backstop Exuberance Again? – RIA Is Private Equity A Wolf In Sheep’s Clothing? After 30 years of watching credit cycles expand, distort, and collapse, I’ve learned one reliable rule: “When enough people start drawing comparisons to 2008, it’s worth stopping to check whether the analogy holds up — or whether fear is doing the analytical work for them.” Right now, judging by the amount of commentary on social media, the stress in the private credit market has everyone’s attention. Most of the commentary being generated makes the immediate jump from private credit firms “gating” exits to the onset of the next subprime crisis in the financial system. Those claims are certainly alarming and generate many clicks and views, but the question is whether those claims are based on facts rather than opinions. Just recently, Goldman Sachs CEO David Solomon flagged the risk of private credit in his annual shareholder letter. Lloyd Blankfein, who piloted Goldman through the Global Financial Crisis, warned publicly that the financial system appears to be “inching toward another potential catastrophe.” Meanwhile, Goldman’s own research arm published a note concluding that private credit stress is “unlikely to generate large macroeconomic spillovers on its own.” So which is it? A repeat of the subprime crisis of 2008, or a painful but contained credit cycle? The honest answer most likely sits somewhere in between, and understanding exactly where private credit differs from subprime tells you a great deal about how worried you should actually be. Let’s revisit 2008. What Made The Subprime Crisis So Catastrophic It is hard to believe that we are rapidly approaching the 20-year anniversary of the “Great ...

格隆汇3月29日｜以色列农业公司Adma：公司位于以色列南部的马克特希姆工厂遭到了来自伊朗导弹或碎片的袭击。

3月29日晚，据广东省气象台消息，当天中午前后，原位于广西的强对流云团移入广东并逐渐东移加强，受其影响，茂名、云浮、肇庆、清远、佛山、广州等市先后出现中到大雨局部暴雨，并伴有8～10级局地12级短时雷雨大风和冰雹。（央视新闻）

格隆汇3月29日｜据伊朗媒体，伊斯法罕理工大学一周内第二次遭到美以袭击。

格隆汇3月29日｜据海南发布，海南自由贸易港民营企业座谈会在海口召开。会上，省直有关部门介绍海南自由贸易港建设进展及人工智能发展有关情况，解读海南自由贸易港财税政策；现场发布海南首批人工智能应用场景；顺丰集团、东超科技、华大基因、商汤科技等15家民营企业代表参会，围绕强化场景牵引、深化生态协同，加快推动人工智能技术落地应用，赋能产业提质增效等深入交流。

Authorities in Vietnam have arrested more than 70 people, including government officials, accused of falsifying data from air and waste water monitors at power plants and other major emitters, state media said Sunday. The state-run People’s Police newspaper said police had identified “nearly 160 environmental monitoring stations that had been tampered with, altered and had their data falsified” – accounting for more than half of the total number of stations nationwide. Police arrested 74 people,...

深圳早前舉行一項嶄新的無人機挑戰賽，港澳隊獲得亞軍。 挑戰賽周五在龍崗深圳大運中心舉行，設有全球首條由4,500架無人機組成的光影空中賽道。參賽者需要配戴第一身視角眼鏡，操控無人機，在黑夜中穿梭，完成飛馳、俯衝等高難度動作。參賽的包括內地和港澳的少年、全運會冠軍、無人機教官和企業代表等。 其中港澳隊以2分29秒96完成賽事，獲得亞軍。

Orbital data centers could become a reality, and Nvidia is leading the charge.

Key PointsData centers located on orbital satellites could be powered by abundant solar energy and would not require resource-intensive cooling systems.