Finance

The U.S. stock market showed mixed performance amid the release of the latest inflation figures and ongoing geopolitical tensions stemming from the Iran conflict.

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U.S. stock market indices charts showing S&P 500 and Nasdaq gains with Dow decline amid inflation report and Iran tensions

“In a session marked by cautious trading, the S&P 500 and Nasdaq Composite posted modest gains, supported by resilient tech sector momentum and inflation data that aligned with expectations, while the Dow Jones Industrial Average slipped as energy-related pressures and broader uncertainty from Middle East developments weighed on cyclical and industrial stocks.” Stock Market Today: … Read more

China’s government is aggressively pivoting toward artificial intelligence as a strategic lever to absorb and productively employ the record-breaking influx of 12.7 million university graduates entering the workforce in 2026. This massive cohort—up 480,000 from the 12.22 million in 2025—arrives amid a tight labor market, persistent youth unemployment pressures, and economic headwinds including a property slowdown and global trade frictions.

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Illustration of Chinese university graduates entering AI and technology workforce amid record 12.7 million cohort in 2026

**” In a bold strategic shift, Beijing is leveraging AI not just as an economic growth engine but as a critical tool to create jobs, upskill millions of young professionals, and mitigate the risks of widespread underemployment among the largest graduating class in Chinese history. With the nation’s AI industry already surpassing 1.2 trillion yuan … Read more

BioMarin Pharmaceutical Details Strategy Refresh, Voxzogo Competition and 40% Margin Goal at TD Cowen Confab

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BioMarin Pharmaceutical corporate headquarters building with company logo and modern biotech facility exterior

“BioMarin Pharmaceutical’s leadership outlined a refreshed corporate strategy at the recent TD Cowen Healthcare Conference, focusing on business development, integration of recent acquisitions, and robust operational efficiencies. The company reaffirmed its target of approximately 40% non-GAAP operating margin in 2026 (excluding Amicus impact), while addressing emerging competition for its key growth driver Voxzogo and emphasizing … Read more

The recent announcement from the Taiwan Stock Exchange (TWSE) highlights a high-level delegation visit to the United States led by Chairman & CEO Sherman Lin. This initiative directly bolsters U.S.-Taiwan financial connections while advancing Taiwan’s ambition to establish itself as a premier Asian Asset Management Center .

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Taiwan Stock Exchange delegation led by Chairman Sherman Lin meeting with U.S. institutional investors to strengthen financial ties and promote Taiwan as an Asian asset management hub.

“In a strategic move to deepen trans-Pacific financial integration, TWSE Chairman Sherman Lin is heading a delegation to engage U.S. institutional investors and tech giants, capitalizing on surging global interest in Taiwan’s equity market amid robust capital inflows. The outreach directly supports national efforts to build an Asian Asset Management Center and propel the Asia … Read more

Understanding Net Asset Value (NAV): The Cornerstone of Fund Valuation

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Illustration of a financial calculator displaying Net Asset Value (NAV) formula with fund assets, liabilities, and shares outstanding.

“Net Asset Value, or NAV, serves as the fundamental measure of a fund’s per-share worth, calculated daily by subtracting total liabilities from total assets and dividing by outstanding shares. It underpins pricing for mutual funds, provides a benchmark for ETFs, and highlights potential opportunities or risks in closed-end funds through premiums and discounts.” Detailed Analysis … Read more

Hikvision Secures Inaugural DMCC Global Enterprise ESG Leader Award for Sustainability Excellence

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Alt Text for featured image : Hikvision logo with DMCC Global Enterprise ESG Leader Award trophy symbolizing sustainability recognition

“Hikvision has been recognized with the first-ever DMCC Global Enterprise ESG Leader Award, celebrating its strong commitment to environmental stewardship, social responsibility, and robust governance practices. The honor underscores the company’s innovative approach to sustainable growth, including significant contributions to green technologies and community impact in key regions like the Middle East, all aligned with … Read more

The Swift Accelerates Transformation of Consumer Payments as Banks Roll Out New Framework for Retail Transactions

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Global network of connected banks and digital payment flows representing Swift's new retail cross-border payments framework

Swift, in collaboration with a growing coalition of banks, is rolling out a pioneering new payments scheme framework that promises to revolutionize cross-border retail transactions for consumers and small businesses. Key features include upfront cost transparency, guaranteed full-value delivery without hidden fees, end-to-end traceability, and the fastest possible settlement speeds—including instant where domestic systems and … Read more

Lake Street Boosts Crexendo Price Target to $9 on Strategic Acquisition and Scale Benefits

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Stock chart and analyst price target upgrade for Crexendo Inc. (CXDO) with Lake Street Capital logo

“Lake Street Capital has increased its price target on Crexendo (CXDO) from $8.50 to $9 while maintaining a Buy rating, citing the company’s recent $35 million acquisition of ESI as a value-accretive move that enhances scale, drives retail seat expansion, improves operating leverage, and supports stronger long-term margins in the cloud communications sector.” Lake Street … Read more

B. Riley Slashes New Mountain Finance Price Target to $7.50 Amid Persistent Portfolio Challenges

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Alt Text for featured image : Stock chart and analyst price target adjustment for New Mountain Finance Corporation (NMFC) with B. Riley downgrade

“B. Riley Securities has reduced its price target on New Mountain Finance Corporation (NASDAQ: NMFC) from $10 to $7.50 while maintaining a Neutral rating, following the company’s latest quarterly results. The adjustment reflects ongoing concerns over portfolio sale impacts, uncertainty in redeploying capital, and continued reliance on fee waivers, signaling limited near-term catalysts for the … Read more

The article is crafted as an experienced finance news writer for a US audience, using the real-time data from March 2, 2026. Oil prices have surged significantly due to escalating US-Israel conflict with Iran, leading to tanker attacks and near-halt in Strait of Hormuz traffic.

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Alt Text for featured image : Dramatic view of oil tankers anchored near the Strait of Hormuz amid rising tensions and supply disruptions

## Oil Prices Surge as Strait of Hormuz Tanker Disruptions Rattle Global Supply “Oil benchmarks Brent and WTI jumped sharply on Monday amid escalating Middle East conflict, with Brent climbing over 7-10% to approach $79-82 per barrel and WTI rising similarly to around $72, as attacks on tankers and warnings halted most transits through the … Read more