Iran continued loading crude onto tankers at its Kharg Island oil terminal on Monday, two days after the US and Israel launched air attacks against the Persian Gulf country. It’s unclear whether that can continue as the conflict has intensified. One very large crude carrier, capable of hauling about 2 million barrels of oil, was moored at a loading jetty on the eastern side of the island in a satellite image from 10:47 am local time on Monday. A large number of tankers anchored on the east of the island last week have dispersed, just as they did during earlier conflicts . The latest satellite image shows just four VLCCs near the export terminal. That compares with 10 on Feb. 20, as well as six Suezmax ships, each capable of holding 1 million barrels of oil, and a couple of smaller tankers. It’s unclear whether the loading terminal will continue to operate and whether Iran will take its ships out through the Strait of Hormuz, which it has effectively closed through threats and attacks on vessels. Typically, Iran-linked tankers spend most of their voyages without transmitting location signals until they reach the Strait of Malacca, at least 10 days after leaving the Gulf.

(RTTNews) - Shares of Horizon Technology Finance Corporation (HRZN) are moving down about 23 percent on Wednesday morning trading following the announcement of fourth quarter financial results, reporting decline in earnings to $10.43 million, or $0.27 per share, compared to $15.01 million, or $0.45 per share, last year. The company's stock is currently trading at $4.6550, down 23.75 percent, over the previous close of $6.11 on the Nasdaq. It has traded between $4.600 and $9.52 in the past one year. Total investment income for the quarter was $20.7 million, compared to $23.5 million for the quarter in the prior year, primarily due to lower interest income on debt investments from a smaller debt investment portfolio. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

EschCollection/DigitalVision via Getty Images My thesis Chimera Investment Corporation ( CIM ) is currently trading around the $13.60 range, which is drastically lower than its reported $19.70 book value of 2025 Q4 . The market values this stock with 30% discount, which historically signals either a huge buying opportunity or a fundamental doubt on asset quality. For comparison, the sector median usually fluctuates between 0.9x and 1.0x book value, so CIM's valuation at a 0.69x level shows extreme pessimism. Revenue flow seems to have stabilized, but not without reservations. The 2025 Q4 data shows that earnings available for distribution reached $0.53 per share, exceeding analysts' forecasts. This allowed management to increase the quarterly dividend to $0.45, which generates around 13.2% yearly yield. The dividend coverage ratio is at 117%, which in the short term seems safe, though investors shouldn‘t ignore the fact that GAAP was only $0.08, which shows a huge gap between GAAP earnings and distributable earnings. Despite executing a 1:3 reverse share split in 2024, which technically increased the price, long-term returns remain doubtful. The 13% yield is attractive, though the current price reflect market‘s fear of interest rate sensitivity and credit risk in the portfolio. This is not a growth story; it's a speculation that the market is wrong in assessing the liquidation value of its assets. Business overview Chimera Investment Corporation operates as a hybrid mortgage REIT, whose main focus is on the credit risk of residential mortgage loans. Current book value is reaching $19.70 per share, though the market values it at around 30% discount. This suggests that investors are skeptical on asset quality, despite the fact that the company generated $0.53 EAD per share in 2025 Q4, surpassing the $0.45 quarterly dividend. Dividend yield remains high at around 13%, though it's backed up not only by interest income, but also by aggressive leverage, which is reaching ...

SHansche Global shipping routes are facing renewed disruption as geopolitical tensions in the Middle East intensify, prompting major carriers to reassess operations across the region. Shipping giant Maersk ( AMKBY )( AMKBF ) announced it will temporarily suspend acceptance of cargo bookings to and from several Middle Eastern countries, citing escalating risks tied to the growing conflict involving Iran, Israel, and the United States. The pause affects shipments moving through the United Arab Emirates, Oman, Iraq, Kuwait, Qatar, Bahrain, and Saudi Arabia, and will remain in place until further notice. The decision highlights mounting concerns about the safety of commercial vessels operating near key maritime chokepoints. The development follows reports that a Malta-flagged container ship was struck earlier today while traveling off the coast of Oman during transit through the Strait of Hormuz, one of the world’s most critical shipping corridors for global energy and trade flows. Industry analysts warn that any sustained disruption in the area could ripple through global supply chains, particularly given the region’s importance to both oil exports and containerized trade. Shipping companies are increasingly weighing security risks as the broader conflict continues to escalate across the Middle East. Other Shipping Stocks: Frontline plc ( FRO ), Matson ( MATX ), and Cosco Shipping Holdings ( CICOF ) Shipping ETFs: ( BDRY ), ( BWET ), ( BOAT ), and ( SEA ). More on markets Apollo warns Strait of Hormuz disruption could rattle global energy supply Dividends in demand as Iran conflict sends markets reeling Invesco says stay calm and invested as stocks often climb after war-driven volatility When markets should expect a U.S. — Iran ceasefire; See what prediction markets say February ETF inflows surge as the industry eyes a potential $2T year

In this article META AMZN GOOGL ORCL MSFT Follow your favorite stocks CREATE FREE ACCOUNT U.S. President Donald Trump speaks to the media, as he departs from the White House ahead of his trip to Corpus Christi, Texas, in Washington, D.C., U.S., February 27, 2026. Evelyn Hockstein | Reuters President Donald Trump will haul big technology companies into the White House on Wednesday to sign a pledge that they will supply their own power for artificial intelligence data centers, as anger grows across the U.S. over rising electricity prices ahead of the midterm elections. Trump has embraced the artificial intelligence industry as an engine of economic growth and pillar of national security in the U.S. rivalry with China. But his alliance with the industry also poses political risks as Democrats zero in on the cost of living as they campaign to win back Congress. Grassroots opposition to data centers is growing in communities across the U.S. with residents blaming the facilities for high utility bills. Trump promised to cut electricity prices in half during his first year in office. Instead, residential prices increased 6% in 2025 on average nationwide, according to federal data . Trump tried to address voter frustration in his State of the Union address last week, through what he is calling a "ratepayer protection pledge." Power obligation "We're telling the major tech companies that they have the obligation to provide for their own power needs," Trump told the joint session of Congress on Feb. 24. Amazon , Google , Meta Platforms , Microsoft , xAI, Oracle and OpenAI will sign the agreement Wednesday, a White House official told CNBC. White House spokeswoman Taylor Rogers said the companies will "build, bring, or buy their own power supply for new AI data centers, ensuring that Americans' electricity bills will not increase as demand grows." But it is unclear whether the pledge will carry any concrete commitments. Trump's trade and manufacturing advisor Peter Navarro has...

格隆汇3月5日｜据央视，当地时间3月4日，美国中央司令部表示，在对伊朗的军事行动中，远程精确打击导弹（PrSM）首次在实战中投入使用，为美军提供深度打击能力。资料显示，远程精确打击导弹（PrSM）是美国陆军新一代地对地精确打击武器系统，射程可超过499公里，主要用于对远距离目标实施打击、压制或摧毁。

herstockart/iStock via Getty Images Vizsla Silver Update Data by YCharts Vizsla Silver’s ( VZLA ) Panuco project in Sinaloa, Mexico has genuinely impressive economics: The November 2025 feasibility study delivered an after-tax NPV of US$1.8 billion, a 111% IRR, a 7-month payback, and AISC of $10.61 per silver-equivalent ounce. What's more: the company is fully financed with over $445 million in cash plus $240 million in net proceeds from a recent convertible bond offering. On paper, this is one of the best undeveloped silver projects in the world. None of that matters right now. On January 23, the company reported that ten Vizsla workers were abducted from the project site. Vizsla then reported several of its employees were found deceased . Operations are suspended as of writing. This is one of the worst security incidents I’ve seen in over a decade of covering the mining sector. Unfortunately, Vizsla's $1.5 billion valuation for a single-asset, pre-production company - and now, with suspended operations - doesn't add up, so I view the stock as a HOLD here, as I explain below. The Project is Excellent I want to be fair to Vizsla before I get into the hard part. The Panuco project, on its merits, is a legitimate world-class silver development. The feasibility study delivered in November 2025 showed economics that most silver developers would kill for: Metric Value After-Tax NPV (5%) US$1,802 million After-Tax IRR 111% Payback Period 7 months Initial Capex US$238.7 million AISC (AgEq) US$10.61/oz LOM Head Grade (AgEq) 425 g/t Avg. Annual Production (Yr 1–5) 20.1 Moz AgEq LOM Payable AgEq 162 million oz Mine Life 9.4 years Cash Position US$445 million Click to enlarge At spot silver prices, the NPV stretches well into the billions. The leverage to silver is exceptional: at $44/oz silver (+25%), the NPV jumps to $2.5 billion with a 140% IRR. Silver is now almost double that price, so do the math: We're looking at an NPV that's closer to $5 billion at spot prices. With o...

经合组织一位高级官员表示，通胀是全球债券市场面临的最大风险。目前，美以对伊朗发动空袭后，能源价格已经上涨。 总部位于巴黎的经合组织在周三发布年度债务报告前，其金融与企业事务主任卡迈恩·迪诺亚在接受采访时表示："现在我们正面临又一次巨大的压力测试。" 由于过去一周油价上涨了16%，投资者担心通胀和能源成本上升。 迪诺亚表示，如果出现这种情况，鉴于融资需求依然高企且借贷成本仍然很高，较高的债券收益率将给债务市场"带来更大压力"。 期限缩短增加了再融资风险 经合组织预计，今年政府和企业将借贷29万亿美元，高于去年的25万亿美元。 迪诺亚表示，他们出售的新债务期限已经缩短，而更高的收益率可能会加剧这一趋势。 他指出，在债券市场投资者结构发生变化之际，冲突引发了动荡。经合组织警告称，对冲基金等对价格敏感的投资者正在市场中扮演"更重要的角色"。 根据经合组织的数据，10年或更短时间内到期的公司债券占比已达到2009年以来的最低水平，预计2025年将是有史以来最低的。 这增加了再融资风险。2025年，经合组织国家的这一比例达到创纪录的135亿美元，占80%。随着更多债务提前到期以及收益率上升，债务成本将增加得更快。新兴市场尤其脆弱，因为它们超过三分之一（35%）的债务将在未来三年内到期。 疫情后为对抗通胀而进行的加息推高了政府利率，并提高了债券收益率。经合组织表示，到2024年，这些支出已经超过了国防开支。 人工智能债务可能改变公司债券市场 经合组织表示，人工智能公司竞相扩展其数据中心和处理器需求而导致借贷激增，可能使公司债券更像"股票"。 报告称，到2030年，九家主要的超大规模企业需要为4.1万亿美元的资本支出融资。如果这九家公司通过债券市场为其一半进行融资，它们将占全球公司债发行量的15%。其中包括 亚马逊 、Alphabet、 谷歌 、Meta和 微软 。 迪诺亚表示，由于这九家公司占全球股票市值的12%，两个市场的融合可能使投资者更难对冲风险和分散投资。 到2030年，人工智能基础设施可能还需要额外投资5万亿美元。这可能会增加房地产、能源和IT硬件等行业的借贷。 经合组织警告称，鉴于主权借贷持续增长以及投资者性质的变化，这引发了市场是否有能力吸收同等规模新供应的问题。 责任编辑：张俊 SF065

专题：聚焦美股2025年第四季度财报 华尔街预计博通公司将于周三收盘后公布强劲财报，但从近期交易走势来看，即便超出高预期，可能也不足以扭转该股长达数月的跌势。 这家芯片厂商的股价较去年 12 月的历史高点已下跌约 23%，表现远逊于标普 500 指数。此次下跌是投资者从大型科技股撤离的一部分，原因是市场担忧投向人工智能领域的数千亿美元投入能否持续。博通目前市值 1.5 万亿美元，为标普 500 第七大市值公司，是 谷歌 母公司 Alphabet 及其他 AI 巨头的芯片合作伙伴，也是这一轮 AI 投入的受益者。 博通股价在周三早盘一度上涨 2%。 尽管这些担忧未来可能成真，但博通当前基本面依然稳健。分析师预计，其第一财季调整后每股收益同比大增 27% 至 2.03 美元，营收增长 29% 至约 193 亿美元，其中 AI 相关收入近乎翻倍至约 82 亿美元。即便公司给出乐观展望，多数华尔街人士也不会感到意外。 “博通会交出一份亮眼答卷，” 自由资本市场科技研究主管保罗・米克斯表示，“但这可能没用。” 可以参考上周英伟达公布财报后的走势。这家芯片巨头业绩超出预期，并因需求强劲、云厂商资本开支庞大而上调前瞻指引，但股价在随后两个交易日暴跌 9.4%，创下 2024 年 4 月以来最惨烈两日跌幅。 博通在去年 12 月的上一份财报发布后股价重挫超 11%，创近一年最差表现。当时的问题在于，未来六个季度 730 亿美元的 AI 产品订单积压不及预期。投资者自然希望看到这一数据的最新情况，以及为谷歌打造的张量处理单元（TPU）芯片的进展 —— 谷歌相关订单预计在今年下半年放量。与 OpenAI 的合作也有望在 2027 年带来增量。 “深厚护城河” “对他们而言，强调在大型定制芯片设计领域的真正专长至关重要，” 持有博通股票的骏利亨德森高级科技研究分析师绍恩・巴基表示，“他们与谷歌合作的七代 TPU 芯片已验证了实力。这种一代又一代稳定落地的能力非常关键，尤其是在必须与英伟达竞争的背景下。” “打造这些大型 AI 加速芯片难度极高，” 他补充道，“博通需要强调自己确实拥有相当深厚的护城河。” 博通上份财报的另一个问题是利润率，首席执行官陈福阳曾表示 AI 业务正在拖累利润率。预计博通第一财季调整后毛利率约为 77%，低于上一季度的 78% 和去年同期的 79%。 分析师可能会...

格隆汇3月5日｜以色列国防军：完成了一次大规模打击，目标是位于德黑兰东部的一个伊朗军事基地，该基地包含多个指挥中心和内部安全人员。

Image source: The Motley Fool. Wednesday, March 4, 2026 at 10 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Jagadeesh Reddy Chief Financial Officer — Rachele Lehr TAKEAWAYS Total Sales -- $134.3 million, representing a 10.7% increase year over year, driven by growth in construction and access, powersports, and data center/critical power markets. -- $134.3 million, representing a 10.7% increase year over year, driven by growth in construction and access, powersports, and data center/critical power markets. Organic Net Sales -- Declined 5.3%, as compared to the prior-year period, after excluding the AccuFab acquisition impact. -- Declined 5.3%, as compared to the prior-year period, after excluding the AccuFab acquisition impact. Manufacturing Margin Rate -- 6.6%, compared to 8.9% a year ago, reflecting $2.9 million in project launch and early-stage inefficiency costs, partially offset by higher-margin AccuFab contributions. -- 6.6%, compared to 8.9% a year ago, reflecting $2.9 million in project launch and early-stage inefficiency costs, partially offset by higher-margin AccuFab contributions. Adjusted EBITDA Margin -- 4.7%, down from 7.6% in the year-ago period, reduced by launch costs, with an underlying margin of about 7% if these costs are excluded. -- 4.7%, down from 7.6% in the year-ago period, reduced by launch costs, with an underlying margin of about 7% if these costs are excluded. Free Cash Flow -- $10.2 million, compared to $35.6 million last year; excluding a $25.5 million settlement received in Q4 2024, the figure was approximately flat year over year. -- $10.2 million, compared to $35.6 million last year; excluding a $25.5 million settlement received in Q4 2024, the figure was approximately flat year over year. Net Debt -- $205.3 million at quarter end, up from $82.1 million, attributed to the AccuFab acquisition, with a net leverage ratio of 3.7 times. -- $205.3 million at quarter end, up from $82.1 million, attributed to the AccuFab acquisition, ...

England have abandoned their pursuit of perfection as they plot a path to victory over India and a place in the T20 World Cup final but Harry Brook remains confident they can beat any opponent. “This team is awesome,” the captain said. “We’re never out of the game.” England have faltered and stumbled their way to the last four, impressive at times but always flawed. As Brook said after the victory over Pakistan, when his own performance with the bat got close to flawless: “We haven’t had the perfect game yet, and hopefully that’s just round the corner.” Or as Sam Curran said on Tuesday: “All of us will be hoping that the perfect game comes Thursday.” However, as they prepare for their toughest test yet at a packed Wankhede Stadium in Mumbai on Thursday, their ambition has been downgraded. “I don’t believe we need a perfect game to win the competition, to be honest,” said Brook. “The games we have won have been nowhere near perfect and we’ve still managed to get the wins – convincingly in some of them and tight in the others. It’s just the unity we’ve had to be able to get across the line, the belief that everybody’s shown, and the calmness we’ve had. “We’re definitely not unbeatable but it gives us a lot of confidence going into tomorrow. We’ve won those tight games. We’ve won games which we probably shouldn’t have won. We don’t feel like we’re ever out of the game. All it takes is for one of the top order to make a decent score, or one of our five or six bowlers to have an amazing day out, and all of a sudden you’re walking away with a victory.” India have also failed to hit the impossibly high standards expected of them. The local broadcaster has at least stopped wondering when they would score over 300 – they have exceeded 200 only twice, against Zimbabwe and Namibia, while in losing to South Africa they were bowled out for just 111, their third-lowest score in a completed innings at any T20 World Cup. View image in fullscreen England train in Mumbai before their...

BlackJack3D/iStock via Getty Images The first time I bought Bitcoin ( BTC-USD ) was in 2018, and almost eight years later, is an investment I already hold, although now it represents a very small portion of my portfolio. In any case, it has become a position I want to sell because of its high price volatility. I think it has turned into an asset that is extremely sensitive to several factors that I don't fully understand, and the recent decline led me to conclude that a new crypto winter is approaching. However, the most important reason I want to sell my Bitcoin position is that it has not met my expectations of becoming a medium of exchange or a credible alternative to the dollar. The only legal case we know of is El Salvador, which I will discuss later. Several governments are exploring the use of Bitcoin, and this could still happen in the future. However, I was expecting a deeper and more massive use. I mean, I was expecting a more spontaneous adoption that simply didn't happen. A 2022 report by Deloitte found that nearly 75% of retail merchants expected to accept cryptocurrency payments within two years. At the same time, the report warned about regulatory and security risks, as well as concerns over price volatility. I believe this point is crucial, as merchants are particularly vulnerable to volatility. If you had been reading that report in 2022, you probably would have imagined a much brighter future. But today, almost four years later, a report by PayPal shows that only 39% of merchants accept cryptocurrency payments, not 75%. Moreover, the report indicates that the respondents expect full adoption to take longer, postponing that goal to 2031. But at the end, however, I believe the most important form of adoption is not by merchants but by individuals. And in this context, the picture is even more concerning: in my view, it is a very negative sign that only 1% of the volume of stablecoin shipments corresponds to real payments. McKinsey & Company Most tran...

Shares of Target (TGT +1.08%) are up more than 23% year to date, obliterating the S&P 500's return over the same period. This outperformance was aided by the company's fourth-quarter update this week, which saw better-than-expected profit margins and early signs of a top-line recovery. With some fresh quarterly numbers to mull over, it is a good time to take a look at the stock and test the market's optimism for the company. Is the stock attractive here, or has the stock's big gain this year already priced in the good news? A turnaround is in the works Target's fourth-quarter results showed continued top-line softness but a notable bottom-line improvement, suggesting that the company's operational efforts are starting to pay off. Target's fourth-quarter revenue fell 1.5%. And comparable sales (sales at stores or digital channels open for at least a year) fell 2.5% during the period. Despite this revenue contraction, the company demonstrated impressive cost control. Target's non-generally accepted accounting principles (non-GAAP) earnings per share rose to $2.44 -- up from $2.41 in the year-ago quarter. Additionally, the company's gross margin expanded to 26.6% in the fourth quarter, up from 26.2% in the year-ago period. While investors would certainly prefer to see both top and bottom-line growth, at least Target is giving investors something to stay upbeat about while they wait for sales growth to turn positive. Key catalysts But there are several reasons to believe Target's business could improve further from here. First, beyond its traditional retail aisles, the company is leaning heavily into alternative revenue streams -- ones that should help bolster profitability. Target's non-merchandise sales grew more than 25% year over year in the fourth quarter. This included triple-digit growth in membership revenue from its Target Circle 360 program and double-digit growth from its digital advertising business, Roundel. Additionally, management indicated that its sales...

A Blue Bottle Coffee store in Shanghai. Photo: VCG Centurium Capital Management Ltd., the controlling shareholder of Luckin Coffee Inc., has agreed to acquire upscale coffee chain Blue Bottle Coffee from Nestlé S.A. for less than $400 million, Caixin has learned. The deal represents a steep discount from the $700 million Nestlé had reportedly sought for full ownership of the U.S.-based brand. Centurium declined to comment. Nestlé didn’t respond to requests for comment.

Image source: The Motley Fool. Wednesday, March 4, 2026 at 10 a.m. ET CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Vincent J. Arnone Chief Financial Officer — Ellen T. Albrecht TAKEAWAYS Revenue -- Consolidated revenue increased 37% to $7.2 million in Q4 and rose 6% to $26.7 million for the full year, driven by both APC and FUEL CHEM segment growth. -- Consolidated revenue increased 37% to $7.2 million in Q4 and rose 6% to $26.7 million for the full year, driven by both APC and FUEL CHEM segment growth. FUEL CHEM Segment -- Annual revenue for FUEL CHEM rose 28% to $17.8 million, attributed to strong legacy unit performance, the full-year contribution of a new commercial unit, and a new demonstration customer. -- Annual revenue for FUEL CHEM rose 28% to $17.8 million, attributed to strong legacy unit performance, the full-year contribution of a new commercial unit, and a new demonstration customer. APC Segment Awards -- $8.8 million of APC awards were secured in 2025 from customers in the U.S., Europe, and Southeast Asia. -- $8.8 million of APC awards were secured in 2025 from customers in the U.S., Europe, and Southeast Asia. Backlog -- Consolidated APC segment backlog stood at $7.0 million at year end, up from $6.2 million, with $3.4 million domestic and $3.6 million foreign projects. -- Consolidated APC segment backlog stood at $7.0 million at year end, up from $6.2 million, with $3.4 million domestic and $3.6 million foreign projects. Gross Margin -- Consolidated gross margin for Q4 increased to 45% from 42%, while the annual figure rose to 46% from 42%, with both FUEL CHEM and APC segments higher year over year. -- Consolidated gross margin for Q4 increased to 45% from 42%, while the annual figure rose to 46% from 42%, with both FUEL CHEM and APC segments higher year over year. Operating Loss -- Operating loss narrowed to $1.4 million in Q4 from $2.1 million and to $3.7 million for the year from $4.7 million previously. -- Operating loss ...

隆基绿能董事长钟宝申：建议参考地产“三道红线” 对不达标的光伏企业实施融资约束 2026-03-05 00:01:42 来源： 同花顺7x24快讯 分享 文章提及标的 隆基绿能 -- 房地产 -- 全国人大代表、隆基绿能（601012）科技股份有限公司董事长、总经理钟宝申提议，参考房地产（881153）行业“三道红线”风险监管逻辑，建立光伏行业融资监管指标体系，重点监测剔除预收款后的资产负债率、净负债率、短期债务偿债能力等企业财务指标，对未达标的企业实施融资约束。有效引导光伏企业有序降低杠杆、规范财务运作，防范化解资金链风险。同时，鼓励行业兼并重组，提升行业集中度，坚持扶优限劣，优化市场竞争生态，保障行业稳健经营秩序。(澎湃新闻)

Hi, it’s Veena Ali-Khan in New York, with advice on dealmaking from some of the top-ranked female bankers and lawyers on Wall Street. Also today, the market rout adds to concerns weighing on India’s IPO hopefuls. Today’s top stories Elon Musk’s SpaceX adds Citigroup to IPO bank lineup. Lin to buy Miami Dolphins stake at $12.5 billion valuation. Banijay to merge with All3Media to form TV powerhouse . Luckin Coffee backer is in advanced talks for Blue Bottle. Blackstone talks on $4 billion New World deal stall over control . Leading the pack Mega transactions including the takeovers of media and entertainment giant Warner Bros. Discovery and cybersecurity startup Wiz have propelled a group of senior female lawyers and investments bankers to the top of a new ranking of “deal captains” in North America. I caught up with three of these dealmakers to hear about their approaches to advisory work and get their thoughts on the market for M&A in 2026. The full rankings from MergerLinks are published below. —Veena Ali-Khan Faiza Saeed , Cravath, Swaine & Moore The blockbuster Warner Bros. transaction has been keeping top lawyers busy since last year. Saeed has been working with winning bidder Paramount. The Cravath partner, who has in recent years counseled Paramount’s independent directors in negotiations with Skydance and repped Disney in its successful proxy fight against Trian, advised on deals totaling roughly $90 billion in 2025, including the acquisition of Wiz by Google parent Alphabet. “A willingness to make judgment calls rather than simply producing an issues list or pointing out risks” is what sets advisers apart, she says of M&A lawyering. “Most lawyers can identify issues and flag risks; the harder part is distilling those risks and providing clear, actionable advice.” Solving such problems means having conviction, she adds: “If you’re at the table, you should have a point of view on what’s being debated. And you shouldn’t be afraid to express it, even if the bro...

Shares of Tesla Inc TSLA are trading right around $390, back at the bottom of a multi-month range after repeatedly failing to build on January’s earnings beat. The company topped headline expectations in that report, yet the stock was unable to sustain any upside momentum. Since then, sellers have steadily pushed it back toward this support level, which has been defended twice in recent months. The repeated tests suggest bullish conviction could be thinning. But another big test for Tesla approaches on March 9, and it could matter far more than price action in determining whether the stock sees upside in 2026. Why the March 9 Deadline Matters Tesla faces a deadline to provide the National Highway Traffic Safety Administration (NHTSA) with detailed data tied to its Full Self-Driving (FSD) system, following an investigation into traffic violations and system performance. The company has already received two extensions on its original mid-January deadline, and is surely starting to test the patience of the NHTSA. That makes next week’s submission look more like a do-or-die compliance moment rather than some routine paperwork filing. While this is not a final ruling or enforcement action, the optics are important. Delivering comprehensive and reassuring data could help ease regulatory pressure and reinforce Tesla’s claim that its autonomy roadmap remains intact. Failing to satisfy regulators, on the other hand, risks escalating scrutiny and prolonging uncertainty around one of the company’s most important strategic pillars. For a business whose valuation increasingly hinges on autonomy rather than vehicle volume alone, that distinction matters. Investors are no longer simply betting on Tesla’s electric vehicle deliveries. Instead, they’re betting on its Full Self-Driving and robotaxis ambitions, and the broader artificial intelligence (AI) narrative that Elon Musk has framed as Tesla’s future. Autonomy Drives the Multiple As we’ve recently highlighted, Tesla’s valuation...

Tesla’s 2026 May Hinge on a March 9 Outcome Yahoo Finance

"We’ll continue to invest significantly in the US and US dollar denominated assets," Temasek CEO Dilhan Pillay Sandrasegara says during a discussion with Bloomberg's Lisa Abramowicz at Bloomberg Invest. (Source: Bloomberg)

Sea levels around the world have been underestimated due to inaccurate modelling, with research suggesting ocean levels are far higher than previously understood. The finding could significantly affect assessments of the future impacts of global heating and the effects on coastal settlements. Globally, the research found ocean levels are an average of 30cm higher than previously believed, but in some areas of the global south, including south-east Asia and the Indo-Pacific, they may be 100-150cm higher than previously thought. Rising sea levels are a major threat to coastal communities across the world, and the UN Intergovernmental Panel on Climate Change (IPCC) estimates that by 2100 levels may rise by 28-100cm. The latest research, published in Nature, combined the analysis of 385 pieces of peer-reviewed scientific literature released between 2009 and 2025 with calculations of the difference between the commonly assumed and actual measured coastal sea levels. Authors Dr Philip Minderhoud of Wageningen University in the Netherlands and PhD researcher Katharina Seeger discovered that more than 90% of these studies did not use local, direct measurements of sea levels but instead used land elevation measurements referenced against global geoid models. Geoid models provide an estimate of global sea levels based on the Earth’s gravity and rotation. As a consequence, sea levels were undervalued by an average of 24-27cm, depending on the geoid model used, with some discrepancies as much as 550-760cm. Minderhoud said: “In reality, sea level is influenced by additional factors such as winds, ocean currents, seawater temperature and salinity.” The new calculations reveal that following a relative sea level rise of 1 metre, it is estimated that 37% more coastal areas will fall below sea level, affecting up to 132 million individuals. “If sea level is higher for your particular island or coastal city than was previously assumed, the impacts from sea level rise will happen soon...

第十四屆全國人大四次會議，早上九時在北京人民大會堂開幕，總理李強將發表政府工作報告。

美伊冲突导致中东供应链承压。霍尔木兹海峡的油轮运输已停止，买家正为延误和成本增加做好准备。 两位知情人士称，印尼公司钱德拉阿斯里周二宣布所有合同遭遇不可抗力，而日本公司丸善石油化学和日本三井化学取消了4月下半月的进口招标。 两家日本公司均拒绝置评。 亚洲每月进口400万公吨（3600万桶）的中东石脑油。石脑油是用于制造油漆和塑料等消费品的石化产品的原料，是中东石脑油的来源。 经纪公司Marex的石化产品交易全球总监瓦苏德夫·巴利戈帕尔表示：“因改变航线和安全规程加强而导致的延误，正影响着直接冲突区域内外航线的航行，使贸易复杂化，并进一步收紧物流流程。这给货物排期和交货期限增加了不确定性。” 亚太地区的一些资产对未来生产采取了更为保守的立场。如果中断持续，这种预防性做法可能会影响开工率。 石脑油裂解利润现处于四年高位 受供应中断影响，基准石脑油裂解利润指标——亚洲地区布伦特原油——周三触及每吨173美元的四年高位。 韩国产业通商资源部周二表示，如果伊朗危机持续，其石化制造商担心供应中断。韩国是亚洲最大的中东石脑油进口国，其54%的供应通过霍尔木兹海峡。乐天化学、GS加德士和LG化学均在买家之列。 韩国业内消息人士称，这些公司需要在未来两周内决定是从美国或南亚等其他地区采购，还是减少产量。 另一消息人士称，为石化公司供应石脑油的韩国炼油厂，维持着至少够运营一个月的原油库存。 消息人士拒绝透露姓名，因为他们未获授权与媒体交谈。 一家全球贸易公司的高管表示，从美国采购产品将需要额外三周的运输时间，成本非常高昂。 替代供应 一位印度出口商表示，印度需要确保充足的原油供应以继续出口石脑油。 如果中东战争导致运输长期中断，那么这个石油储备薄弱的南亚国家作为主要石油进口国，最容易受到原油供应冲击的影响。 两位驻新加坡的交易商表示，如果形势变得严峻，一些亚洲买家可能会转向俄罗斯石脑油。 责任编辑：张俊 SF065

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[The content of this article has been produced by our advertising partner.] Hong Kong stands at the crossroads of global learning and vibrant local culture, offering overseas delegates a compact, layered introduction to what makes the city an enduring magnet for international students. As the lead host of APAIE 2026, The Chinese University of Hong Kong (CUHK) curated an immersive programme that moved beyond panel sessions and meetings to reveal the city’s living character. The itinerary stitched together campus life, iconic cityscapes, and authentic everyday moments, leaving delegates inspired and ready to tell vivid stories about Hong Kong. Feel Victoria Harbour at dawn Advertisement An early-morning run and Tai Chi class at Harbour Chill on the Wanchai Promenade gave delegates a rare, calm view of the city before its usual rush. Framed by the sweep of Victoria Harbour, the session combined gentle exercise with time to take in the skyline and the harbour’s scale. David Huerta, who is visiting with his colleague Monse Vanales from Tecnológico de Monterrey in Mexico, praised the city’s order and cosmopolitan feel: “I’ve been blown away by how orderly and safe the city feels — you can really meet people from around the world. It’s so cosmopolitan; honestly, the folks here are wonderful.” Advertisement Christina Valdivieso from Mexico captured the city’s striking contrasts: “My first thought of Hong Kong was that it’s a huge city of skyscrapers and crowds. Then I discovered nearby mountains, green spaces, and a giant Buddha I visited two days ago — I was stunned and completely in love with it. Tradition and beauty sit alongside innovation; the urban and the natural are right there, side by side.”

“In today’s environment, Hong Kong’s high-net-worth investors are navigating market volatility, regulatory changes and increasing demand for diversification,” says Ben Rudd, General Manager of Chubb Wealth.“What many are seeking is a partner that can provide access to institutional-grade opportunities alongside professional advisory and objective guidance. Chubb Wealth has been designed to simplify the complexities of wealth planning and investments, empowering clients to make confident decisions for the long term, while accessing a market that traditionally has high entry barriers and lacks transparency.” Total assets and wealth management assets in the city reached HK$35tn, supported by sustained cross-border inflows and rising demand for diversified investment exposure, per the Securities and Futures Commission’s (SFC) Asset and Wealth Management Activities Survey 2024. Chubb Wealth holds licences from the SFC for dealing in securities, advising on securities and asset management. The platform combines advisory services with digital tools. The launch coincides with continued growth in Hong Kong’s private wealth sector, where assets under management rose 15 per cent year on year to more than HK$10tn by the end of 2024, according to the Hong Kong Private Wealth Management Report 2025 published by KPMG China and the Private Wealth Management Association. Chubb Investment Management (HK) Limited (“Chubb Wealth”), a wholly owned subsidiary of Chubb, has launched a new wealth management platform for high-net-worth investors, providing access to a selection of mutual funds and private market opportunities. [The content of this article has been produced by our advertising partner.] Chubb Wealth’s platform is available to clients classified as Professional Investors under Hong Kong regulations, specifically those with investable assets of no less than HK$8mn. While bespoke advisory services are often reserved for ultra-high-net-worth individuals and families, a market gap...

Erik Isakson/DigitalVision via Getty Images I previously covered Core Scientific ( CORZ ) in December 2025, discussing how its transition from Bitcoin mining to High Performance Computing had been extremely strategic, allowing them to capitalize on the AI-driven data center boom. Given the strategic CORZ-CoreWeave's ( CRWV ) partnership notably reducing CORZ's capital/balance sheet burden and the prior meltdown triggering an improved margin of safety, I had believed that CORZ appeared a lot more compelling then, resulting in my initial Buy rating then. In this article, I shall discuss why I am reiterating my Buy rating for the CORZ stock, thanks to the promising industry trends from the multi-year cloud super cycle, their likely to be robust FY2026 performance aided by the easier YoY comparison, and the richer Colocation Services' margins. This is despite the risks from the cooling AI sentiment and the customer concentration risks, with the stock also presenting a potential near-term swing trade thesis before their eventual break out in 2026/2027. CORZ Proves Its AI Beneficiary Status CORZ 1Y Stock Price (Trading View) Since my last Buy rating, market sentiments surrounding capex-heavy hyperscalers/neoclouds continue to deteriorate, as similarly observed in CORZ's single digits decline against the wider market at 0%. Much of their headwinds are attributed to the cooling market sentiments surrounding the AI boom, despite the insatiable compute demand as reiterated by numerous hyperscalers/neoclouds in the recent Q4'25 earnings season and the consequently, necessarily outsized data center-related spending trends entering 2026. With market analysts already expecting the global data center capacity to "nearly double from 103 GW to 200 GW by 2030 " while requiring "up to $3 trillion in total investment over the next five years, including $1.2 trillion in real estate asset value creation and approximately $870 billion in new debt financing, marking an infrastructure inves...

Want to tap into the energy of 1,100+ startup founders, investors, and tech leaders descending on Boston for the Founder Summit 2026 on June 9? Host your own Side Event during “Founder Summit Week,” happening June 4-10! Whether it’s a networking mixer, workshop, morning run, fireside chat, or cocktail hour — you call the shots. Create a moment. Build your community. Increase brand visibility with a Side Event. Why host a Side Event? Along with extending the energy beyond the venue and the actual event, you’ll get: Visibility to the full TechCrunch audience. Featured on the official agenda, Side Events page, and mobile app. Highlighted in attendee emails and articles. A community discount code for your team and guests. Must-know details about Side Events Check out the full details on the Founder Summit 2026 page. As the host, you’ll handle the event details, and we’ll help spread the word. There’s no fee to be listed, and everything must be: In-person and Boston-based. Held June 4-10 (only post-5 p.m. ET events will be allowed on June 9). 18+ only (21+ if there’s alcohol). Apply now to make a brand impact at Founder Summit 2026 Let’s make it happen! Hosting a Side Event is an easy way to grow your network and connect your brand to Boston’s startup crowd. Apply here to lock in your Side Event before the deadline. This is your moment to show up and stand out.

Key Points Artificial intelligence stocks have come under more intense scrutiny in recent months due to high valuations, heavy infrastructure spending, and questions about whether the returns will justify those investments. Nvidia recently reported stellar quarterly results and issued strong guidance. The stock sold off sharply the day after the report, suggesting other factors are in play. 10 stocks we like better than Nvidia › After investors anxiously waited last week for artificial intelligence giant Nvidia (NASDAQ: NVDA) to deliver its fiscal 2026 fourth-quarter report, the company provided them with better-than-expected results and issued better-than-expected guidance for its current quarter. Furthermore, its gross margin guidance was solid. Yet the stock fell by nearly 5.5% on Feb. 26, the day after the report. Here's what Nvidia's blockbuster quarter and Wall Street's response to it tells us about the state of the stock market and artificial intelligence trade. 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 » What more can investors ask for? Nvidia reported $1.62 adjusted earnings per share on $68.1 billion of revenue, handily beating the earnings of $1.53 per share on $66.2 billion in revenue that Wall Street analysts expected. Furthermore, management guided for revenue of roughly $78 billion in the current quarter. The consensus analyst estimates had only projected $72.6 billion. Moreover, that guidance figure does not factor in any assumptions of revenue from selling chips in China. Nvidia also guided for full-year gross margins of about 75%, after delivering a 75.2% adjusted gross margin in the recent quarter, indicating that the company is maintaining its strong pricing power. CFO Colette Kress also said that customers are excited to get their hands on the company's next-generation AI ...