UBS $420K Trigger Callable Notes maturing 03/02/2028 (AMUB) Stock Titan

President Donald Trump said Monday the military operation against Iran could last four to five weeks, or longer.

Evercore Maintains Apple(AAPL.US) With Buy Rating, Maintains Target Price $330 富途牛牛

gece33 Brent crude ( CL1:COM ) could surge into the $100-$120 range if the current Middle East conflict extends beyond three weeks, according to J.P. Morgan Global Commodities Research. The warning comes as the Strait of Hormuz—the world’s most critical oil chokepoint—saw vessel transit slow to a near standstill on Sunday following a major joint military offensive by the United States and Israel against Iran. “If the conflict lasts more than three weeks, GCC oil producers would exhaust storage capacity and would be forced to shut in production,” Natasha Kaneva, head of Global Commodities Research at J.P. Morgan, noted, describing the disruption as “the first near-complete halt in its modern history.” J.P. Morgan expected an “immediate repricing of geopolitical risk rather than a measured response to fundamentals,” with Brent crude ( CL1:COM ) likely to gap higher into the $80-85 per barrel range from Friday’s $73 close. The strategist anticipated this move will reset the 12-month tail into the low-$70s and steepen backwardation to $10-15 per barrel from roughly $5 at Friday’s close. The research team also observed that Iran has so far spared major oil infrastructure in the region, focusing retaliatory strikes on military and strategic targets instead. Export flows through the Strait of Hormuz have collapsed from a typical run rate near 16M barrels per day to roughly 4M barrels per day, as “shipping, trading, and insurance markets have effectively begun to self-restrict transits,” according to J.P. Morgan. Major shipping lines, including Maersk ( AMKBY ), Hapag Lloyd ( HPGLY ), and CMA CGM, have suspended Hormuz transits, while war-risk insurance rates could rise by up to 50%. Kaneva estimated Gulf producers have approximately 343M barrels of onshore crude storage capacity, providing about 25 days of operations before mandatory production shut-ins would be required. J.P. Morgan analysts believe the ultimate goal of the U.S.-Israeli operation is not to change the regi...

Wang Yi. Photo: VCG China’s top diplomat urged an immediate halt to military operations in the Middle East after U.S. and Israeli strikes on Iran, warning that the attacks risk igniting a broader regional war. Foreign Minister Wang Yi held urgent telephone calls Monday with his counterparts from Iran, Oman and France as tensions escalated. In his call with Iranian Foreign Minister Abbas Araghchi, Wang was told that the U.S. had launched the attacks while negotiations were still under way and had achieved what Araghchi described as “positive progress,” according to a statement from China’s Foreign Ministry. Araghchi said the U.S. move violated international law and crossed Iran’s “red lines,” leaving Tehran with no option but to defend itself.

A secondary school student responds to Reform UK’s plan to create an ICE-style agency to deport thousands of people Zia Yusuf, Reform UK’s new home affairs spokesperson, has said that he will secure Britain’s borders to make us feel safe ( 22 February ). My response, as a classmate of immigrants, a friend of immigrants and the child of immigrants, is that it is not immigrants who make me feel unsafe, it is the idea that my friends who have lived here nearly their whole lives could face deportation. It is the idea that my friends will face harassment and abuse because they don’t look or sound “British”. I am scared, and my friends are scared, of politicians who have the power to break up our communities and don’t seem to view us as people. Immigrants aren’t villains – they are our doctors and nurses, our restaurant owners and shopkeepers, our teachers and friends and families. Continue reading...

Transparency on how our money is spent is essential to maintain confidence in the workings of the state, says Dan Owen . Plus letters from Katheryne Schulz and Bernard Harper Public trust depends on rigorous oversight of how taxpayer money is spent. When publicly funded institutions allow office holders to charge personal services to expenses, it raises serious questions about accountability and public office. Andrew Mountbatten-Windsor charging his massage services on expenses while a trade envoy is utterly shocking ( Report, 23 February ). Clear rules, full transparency and repayment, plus punishments for malfeasance where costs fall outside the public interest, are essential to maintaining any basic minimum of confidence in the working of the state. Taxpayers should not bear the burden of private benefits, and institutions that rely on public funding should lead by example in rectifying and calling back questionable expenditures. Continue reading...

格隆汇3月3日｜据英国金融时报报道，SpaceX预计其“星舰”将在明年年中前准备就绪，用于发射新一代“星链”卫星。与此同时，该公司正为其估值可能高达1.5万亿美元的IPO前的一次关键测试做准备。在巴塞罗那举行的移动世界大会上，马斯克旗下这家火箭公司的高管首次给出了下一代火箭实现商业首秀的最清晰时间表。SpaceX星链业务高级副总裁迈克尔·尼科尔斯表示，“星舰”将及时准备就绪，在2027年中期发射新一代升级版的星链移动卫星星座。SpaceX总裁格温·肖特韦尔在大会间隙称，“星舰”的试飞预计将在未来四到六周内进行。马斯克此前曾在1月份的社交媒体帖子中暗示，“星舰”的第12次试飞将在3月初进行。

Ore HDR/iStock via Getty Images Trulieve Cannabis Corp. ( TCNNF ) reported in line Q4 financial results last Thursday. The company saw an increase in revenue QoQ and reported free cash flow for the quarter. Trulieve received a conditional license to sell medical cannabis in Texas. The company paid down more than half of its total debt over the quarter. Trulieve’s stock price is up 46% over the last year. It has increased 18% since I covered the company on Seeking Alpha last November. I continue my rating of a Hold due to sector uncertainty. The cannabis rally over rescheduling from last December has long ended. The event was announced, but the actual rescheduling has not occurred. Traders took profits, and the sector is now weak. Recent developments in Iran will bring a new wave of volatility to the markets, and cannabis stocks may drop further. Q4 2025 Results Trulieve reported Q4 revenue of $293.1 million, a decrease of 3% YoY and an increase of 2% QoQ. Revenue was driven by new store openings, adult sales in Ohio, and wholesale sales. Gross profit was $175.2 million, 6% decrease YoY and a 3% increase QoQ. Gross margin was 59.8% versus 62.1% YoY and 58.9% QoQ. The company reported a net loss of $42.9 million versus a net loss of 59.8 million YoY and a net loss of 26.8 million QoQ. Net loss is partially caused by the company’s 280E tax burden. EBITDA was $105 million. Cash flow from operations was $59 million. Free cash flow was $56 million. Cash and ST investments decreased to $255.5 million. The company paid down its debt to $232 million. Trulieve expects slightly lower revenue for Q1-2025. Market consensus for Q1 is $286.77 million, a decrease YoY and QoQ. The company will report in May. Synergies Trulieve opened one new dispensary in Ohio during Q4 and, since then, has opened one new dispensary in Florida. Current dispensary count is 234. The company runs dispensaries in the following states: Arizona (22), Connecticut (1), Florida (164), Georgia (6), Maryland (...

US policy | From defence to prevention | International law | Nuclear capability As civilian casualties pile up under rubble – 165 people including little girls were blown to bits in a school in Tehran ( Report, 1 March ) – the world faces perhaps its greatest irony. Donald Trump has initiated an illegal war , which has no congressional approval, while calling on the people of Iran to rise up. No one would argue that Iran hasn’t committed atrocities against its people, but this from a regime that has its own masked ICE thugs killing people in broad daylight on the streets of US cities and “ disappearing ” them into camps . Is there another country on the planet that needs “regime change” more than the US? Amanda Baker Edinburgh • As a 71-year-old grandmother, I am concerned for future generations as we see the legal basis for an attack from one or more nations on another change from defence to prevention ( Editorial, 2 March ). Even more concerning is the fear of other nations in calling this out. Are we so frightened of Donald Trump that we stay quiet in case of future retaliation? It is a classic case of bullying. Denise Denis Wells, Somerset Continue reading...

Palo Alto Investors LP initiated a new position in Compass Therapeutics (NASDAQ:CMPX) , buying 2,532,419 shares during the quarter for a position value of $13,599,090 as of December 31, 2025, according to a February 17, 2026, SEC filing. According to a SEC filing dated February 17, 2026, Palo Alto Investors LP disclosed the purchase of 2,532,419 shares of Compass Therapeutics in the fourth quarter of 2025. The estimated transaction value was $13.60 million, calculated using the average closing price for the quarter. The position’s quarter-end value was also $13.60 million, reflecting the combined effects of purchase activity and stock price changes. This was a new position in CMPX for Palo Alto Investors LP, accounting for 1.89% of its 13F assets under management following the quarter-end Continue reading

欧洲股市录得去年11月以来最大跌幅，中东冲突引发投资者抛售风险资产。 斯托克欧洲600指数收盘下跌1.6%。受油价创四年来最大涨幅且欧洲天然气价格飙升逾50%的提振，能源板块上涨。壳牌和道达尔集团股价涨幅均超过2%。摩根大通分析师敦促投资者买入欧洲油气股，称海湾地区供应风险上升。 汽车股跌幅居前，能源价格上涨对该板块构成压力。受中东地区交通严重受扰影响，旅游与休闲类股亦表现不佳。德国汉莎航空和法航荷航集团股价分别下跌5.2%和9.4%。 英国富时100指数下跌1.2%，对防御性板块和能源股的敞口助其跑赢其他地区基准指数。花旗策略师将英国股票评级上调至超配，认为其能有效对冲地缘政治动荡风险。与此同时，欧洲信用风险指标周一走高。 欧洲股市在美伊紧张局势于周末升级为全面冲突后下挫。美国总统唐纳德·特朗普表示，对伊朗的轰炸行动将持续至达成目标为止，并呼吁伊朗领导人投降。 责任编辑：丁文武

US President Donald Trump said his troops will continue with “ferocious, unyielding resolve” the mission to “eliminate the intolerable threat posed by this sick and sinister regime” in Iran. “We projected for four to five weeks, but we have the capability to go longer than that,” Trump said, while also saying, “we’re already substantially ahead of our time projection.” In a speech on Monday during a ceremony in the White House, Trump seemed to respond to his critics by outlining the objectives...

Earnings Call Insights: Astrana Health (ASTH) Q4 2025 Management View Brandon Sim, President & CEO, announced, "Astrana delivered another year of record revenue, adjusted EBITDA and free cash flow extending our track record of consistent performance." Sim highlighted that Astrana ended 2025 serving 1.6 million members in value-based care arrangements and achieved a 43% year-over-year revenue increase in Q4 to $950.5 million. Sim stated, "California revenue grew 50% year-over-year, reflecting continued strength in our foundational markets. Outside of California, revenue grew 90% year-over-year, as newer markets scaled." Sim detailed that about 19% of total revenue now comes from outside California. He emphasized Astrana’s approach to risk: "We are still on track for approximately 80% of our revenue and more than 36% of our own membership to be in full risk arrangements by the end of the first quarter 2026." Sim noted, "G&A as a percentage of revenue was 6.8% in 2025, down 75 basis points year-over-year despite $26 million of onetime transaction-related costs and down 110 basis points on an adjusted basis." Integration of Prospect Health was described as on track, with Sim stating, "We now expect to achieve the high end of our previously communicated $12 million to $15 million in annualized synergies over the coming quarters." Sim addressed the 2027 Medicare Advantage advance rate notice, indicating Astrana expects a "materially lower impact than the industry-wide estimate" due to its care model. Chan Basho, CFO, COO & Corporate Secretary, stated, "Total revenue for the fourth quarter was $950.5 million, up 43% versus the prior year quarter, driven by the full quarter contribution from Prospect and continued organic growth in our Care Partners segment." Basho added, "For the full year 2025, revenue was $3.2 billion, representing a 56% year-over-year growth and at the high end of our guidance range." Outlook Basho shared, "For the full year 2026, we expect revenue in t...

The city of Muscat in Oman is typically targeted by travelers as the cultural counterpoint to nearby Dubai and its glitzy skyscrapers. But now the city is becoming a major draw for a very different kind of visitor: people stranded by airspace closings who are willing to pay a premium to evacuate. The drive from Dubai to Muscat International Airport, where operations are normal, can be made in just under five hours if you don’t take the scenic route along the Persian Gulf. It’s becoming a popular trip for people worried about spending a lengthy stretch of time in Dubai, where debris from Iranian missiles has rained down on the local airport and the man-made island Palm Jumeirah, and flights out of the city remain elusive. Oman’s national carrier, by contrast, has increased flights into Europe and Saudi Arabia to accommodate fleeing travelers. It’s also running buses from the United Arab Emirates. Austrian Air flew out people from Muscat, and Italy’s defense minister got picked up by the air force in Oman, where he traveled by land from Dubai. But it’s those with enough funds who are flocking to Muscat, capital city in a nation of about 5.3 million people that’s known for its postcard beaches and green mountains. Armand Arton , head of advisory firm that specializes in citizenship by investment programs, has been coordinating relocations for dozens of wealthy families in recent days. Arton helped seven families evacuate by land to Oman and then fly out by private jets while UAE airspace remained closed. Services that once cost about $50,000 have doubled in price. Meanwhile, fast-track transfers to Oman now cost $5,000 per car. “Many families are ready to pay anything from $150,000 to $200,000 to be evacuated,” Arton said. Foreign governments are also trying to evacuate passengers through either one of the Gulf neighbors. Germany is working with Lufthansa and tour operator TUI to help move people out of Dubai by land. Air India Express , the low-cost subsidiary of Air ...

While February tested investor patience with its choppy action and internal weakness, the data entering March tells a vastly different story.

While February tested investor patience with its choppy action and internal weakness, the data entering March tells a vastly different story.

The AI software and data analytics company has a deep relationship with U.S. defense and intelligence operations.

Palantir Rises on Mideast Conflict. Why It’s S&P 500’s Top Stock Today. Barron's Palantir: The U.S.-Iran Conflict Validates Its Unstoppable AI Military Moat (NASDAQ:PLTR) Seeking Alpha Palantir, Lockheed and these other defense stocks are rising on heels of Iran conflict MarketWatch

美国总统唐纳德·特朗普表示，对伊朗的军事攻势需要持续多久就会持续多久。 他还首次公开列出了在降低德黑兰构成的威胁上希望实现的四个目标。 “我们本来是预计用四到五周，但我们有能力坚持远比这长的时间，” 特朗普周一在白宫举办的活动上谈到对伊朗的战争时说，“无论需要多久都可以。不惜一切。” 在连续数日就战争时间表发出混乱信号后，这位总统面临着更好地阐明其干预目标的更大压力。 特朗普表示，周六开始的打击旨在消灭伊朗的导弹战力、摧毁其海军、切断它发展核武器的途径，以及确保伊朗政府“无法继续军援和指挥境外的恐怖武装”。 值得注意的是，特朗普在此次讲话中并未将政权更迭列为战争目标之一。 责任编辑：丁文武

Source: Bloomberg, 5:08

matejmo Geopolitical risk events have historically failed to trigger sustained sell-offs in equity markets, according to new research from Morgan Stanley, with the S&P 500 ( SP500 ) typically recovering within months of major international conflicts. The investment bank’s analysis, published this week amid heightened tensions in the Middle East following weekend events in Iran, found that one, six, and twelve months after geopolitical events, the S&P 500 has risen 2%, 6%, and 8% on average, respectively. Morgan Stanley's analyst Mike Wilson identified the key risk to watch as oil prices rather than the geopolitical events themselves. For equities to face sustained pressure, crude prices would need to surge 75% to 100% year-over-year—pushing oil above $100 per barrel—while the economy operates in a late-cycle environment, Wilson said. “Unless oil prices spike in a historically significant manner and remain elevated, recent events are unlikely to change our bullish view on U.S. equities over the next 6-12 months,” Wilson noted. The research noted that as of the report’s publication, the year-over-year rate of change on crude remained only modestly in positive territory, well below the threshold that would pose a material threat to the business cycle. Wilson also emphasized that current market conditions provide a buffer against downside risks. The firm believes the economy is in an early-cycle environment with accelerating earnings recovery, rather than the late-cycle backdrop that has historically amplified the negative impact of oil price shocks on equities. The analysis examined conflicts spanning from the Korean War to the Russia-Ukraine conflict, finding that geopolitically led volatility has typically proven short-lived across decades of market data. Here are some S&P ETFs: ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), and ( SPXU ). More related stories Cross-Asset Vols Spike On Iran Risk As Oil Surges SPY: The Market Has Entered A Wait...

Palantir Technologies (PLTR) Shares Skyrocket, What You Need To Know TradingView

美股低开高走，三大股指悉数转涨，道指涨0.02%，标普500指数现涨0.1%，纳指涨0.47%。

格隆汇3月3日｜阿布扎比媒体办公室：事态已得到控制，未有人员受伤报告，且未对运营造成影响。

John Drost/iStock via Getty Images The FT Energy Income Partners Enhanced Income ETF ( EIPI ) is an actively managed exchange-traded fund that aims to provide its investors with a high level of total return and current income. The fund uses a somewhat unusual strategy to achieve this objective, as it invests its assets primarily into a portfolio of energy companies and master limited partnerships and then writes covered call options against these equity securities in order to boost the effective yield that it earns from its portfolio. In some ways, this strategy is similar to the one employed by the BlackRock Energy and Resources Trust ( BGR ), except that EIPI is an exchange-traded fund (rather than a closed-end fund) and puts somewhat greater emphasis on the midstream subsector. This strategy does work reasonably well to provide the fund with an attractive yield, as it pays out 6.76% at the current share price. However, as is always the case with enhanced equity funds that use options, there may be some trade-offs in terms of capital appreciation and total return. With that in mind, let us take a look at the FT Energy Income Partners Enhanced Income ETF today and see if it could be a reasonable addition to an income portfolio. The FT Energy Income Partners Enhanced Income ETF Versus Index ETFs As mentioned in the introduction, the FT Energy Income Partners Enhanced Income ETF is an actively managed exchange-traded fund. Unlike many other ETFs on the market, the fund does not attempt to track any benchmark index. The website for the fund simply describes it thusly: The FT Energy Income Partners Enhanced Income ETF seeks a high level of total return with an emphasis on current distributions paid to shareholders. Under normal market conditions, the Fund will pursue its investment objective by investing primarily in a portfolio of equity securities in the broader energy market. We immediately notice that the website does not specifically mention any index that the fun...