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格隆汇 March 4｜Morgan Stanley has lowered Novo Nordisk's target price from $42 to $40, while upgrading its rating from "Underweight" to "Equal Weight". (格隆汇)

as Iran's blockade of the Strait of Hormuz triggers a global energy supply crisis, traders are increasingly worried about potential inflation risks and are rapidly withdrawing from the frenzy of artificial intelligence trading. Overseas investors sold off more than $3 billion worth of South Korean stocks this week, following a record $13.7 billion sell-off last month. Taiwan was also heavily sold off, with a scale of $3.6 billion, and the Taiwan stock market is expected to set the largest weekly capital outflow record since the end of December last year. Matthew Haupt, portfolio manager at Wilson Asset Management in Sydney, said that as the situation in Iran deteriorates, investors are scrambling to reduce market risk exposure. This wave of sell-offs is mainly concentrated in AI-related stocks because the market still doubts whether the industry's large-scale capital expenditure plans will ultimately generate sufficient profits.

BlockBeats news, on March 4, according to official sources, the prediction market Predict.fun announced today the strategic acquisition of Probable, with the specific amount yet to be disclosed. The latter is an on-chain prediction platform originally incubated by PancakeSwap and YZi Labs. Since its launch in December 2025, Predict.fun has processed a cumulative trading volume of 1.5 billions USD among more than 120,000 users, and has recorded over 3.3 millions transactions. This acquisition will further advance Predict.fun's goal of becoming the most capital-efficient prediction market globally, by enhancing its underlying technical architecture, accelerating market structure optimization, improving execution efficiency, and increasing capital utilization.