New York: Oil and gas prices surged on Monday as Israeli and U.S. strikes on Iran and retaliation by Tehran forced shutdowns of oil and gas facilities across the Middle East and disrupted shipping in the crucial Strait of Hormuz.

A sustained rise in oil prices would endanger a global economic recovery andfuel inflation and could push up U.S. retail gasoline prices, a risk for U.S. President Donald Trump and his Republican Party ahead of midterm elections this November.

Brent crude futures rose as much as 13% to $82.37 a barrel, their highest since January 2025, before retreating to trade up $4.92, or 6.75%, at $77.79 a barrel at 11:06 a.m. ET (1606 GMT). U.S. West Texas Intermediate crude was up $3.87, or 5.77%, at $70.89, having risen more than 12% to $75.33, its highest since June.

OIL AND GAS OUTPUT RESTRICTED OVER IRAN WAR

“While we do not know where these disruptions will end or how the conflict will ultimately resolve, the near-term result is likely to be heightened volatility in global energy markets and a potential rerouting of global oil and gas cargoes,” said Kenny Zhu, research analyst at Global X.

Anthropic’s popular AI chatbot Claude faced widespread disruptions Monday, March 2, 2026, with thousands of users reporting inability to access the service, login failures and error messages across platforms including claude.ai, the console and Claude Code.

The outage began surfacing around 11:49 UTC (6:49 a.m. ET), when Anthropic posted on its official status page (status.claude.com) that it was “currently investigating” elevated errors. Follow-up updates confirmed the team had identified issues tied specifically to consumer-facing surfaces — particularly the Claude.ai website, login/logout paths and related tools — while the core Claude API remained operational as intended.

By early afternoon UTC, Anthropic reported it had pinpointed the root cause and was actively implementing a fix, though no estimated time for full resolution was provided. Status updates through the day included notes that investigation continued, with some API methods initially affected before clarification that backend models and API endpoints were largely unaffected.

Downdetector, a service tracking user-reported issues, showed a sharp spike in complaints peaking around 6:40 a.m. ET, with nearly 2,000 reports at the height of the disruption. Complaints tapered to about one-third that level by mid-morning but remained elevated compared to normal. Users most frequently cited problems with the chat interface (around 39%), the mobile app (35%) and the website (15-20%), including HTTP 500 and 529 errors, timeouts, “connection terminated” messages and generic “This isn’t working right now” prompts.

Anthropic described the incident as a “partial outage” in some communications, emphasizing it primarily impacted web-based access and authentication rather than the underlying AI models like Claude Opus 4.6 or enterprise integrations. Businesses using Claude via API or embedded systems appeared largely unaffected, allowing continued operations in those environments.

The precise technical trigger remained unclear in public updates, with Anthropic avoiding speculation on causes like server overload, configuration errors or external factors. Some reports suggested strain from “unprecedented demand” in recent weeks, as Claude gained traction amid competition with ChatGPT and rose in app store rankings thanks to features like advanced coding tools and improved reliability perception.

Social media platforms, including X (formerly Twitter), lit up with user frustration and memes, with developers joking about the irony of relying on Claude Code to potentially troubleshoot Claude outages. Others noted the timing amid broader AI reliability discussions.

The disruption came against a backdrop of heightened scrutiny for Anthropic. Recent news highlighted tensions with U.S. government contracts, including a reported Department of Defense termination over “safety alignment conflicts” and Claude’s restrictions on certain military applications. Speculative posts linked the outage to unrelated geopolitical events, such as alleged strikes on AWS infrastructure in the Middle East — Anthropic’s primary cloud provider — though no official sources connected the dots, and Anthropic attributed issues to internal web/login paths rather than cloud-wide failures.

Anthropic has not issued a broader statement beyond status page updates and brief confirmations to media. The company, known for its focus on AI safety and constitutional alignment principles, has seen rapid growth but faces ongoing challenges scaling infrastructure to match surging usage.

As of late March 2, 2026 (evening KST), partial recovery appeared underway for some users, though intermittent issues persisted in login flows and web access. Anthropic encouraged affected users to monitor the status page for real-time updates and advised trying again later or using API routes where applicable.

The incident underscores persistent challenges in AI infrastructure: even as models advance, front-end reliability, authentication systems and traffic handling remain critical pain points during peak adoption phases. Similar outages have hit competitors like OpenAI in the past, often tied to login surges or scaling hiccups.

Users worldwide expressed frustration over workflow interruptions, particularly those depending on Claude for coding, research or daily productivity. With no confirmed ETA, many shifted to alternatives like Grok, ChatGPT or local tools while awaiting restoration.

Anthropic’s team continued working on resolution into the evening, with hopes the fix would fully restore service soon. The company has maintained high uptime historically, making Monday’s event notable in its scope and visibility.

Berkshire Hathaway shares on Monday had their largest decline since Warren Buffett announced he would step down as chief executive, after the conglomerate posted financial results that fell short of some analysts’ expectations and expressed caution about investing its cash.

The Class A ‌shares fell ⁠as much ⁠as 5.3% by early afternoon, and Class B shares, worth about 1/1,500th as much, fell about the same amount. Shares fell as much as 6.8% last May 5, after Buffett unexpectedly announced that Greg Abel would take charge starting in 2026. Buffett had led Berkshire since 1965, and remains chairman.

Berkshire ⁠on Saturday ‌said fourth-quarter operating profit, which excludes gains and losses on common stocks led by Apple , fell ⁠30% to $10.2 billion, including a 38% overall decline at Geico and other insurance businesses.

In his first annual letter to shareholders, Abel said Geico may face continued pressure to keep customers as rivals lower car insurance rates, while other insurance and reinsurance operations face pricing pressures as more capital enters their markets.

While saying Berkshire’s $373 billion ‌cash stake did not signal a “retreat from investing,” Abel gave no indication Berkshire planned to resume stock buybacks after 1-1/2 years with ⁠none, or pay a shareholder dividend.

“We will assess value carefully, act patiently, and hold for the long term – preferably forever,” he wrote.
Keefe, Bruyette & Woods analyst Meyer Shields, who rates Berkshire “underperform,” on Monday said results “broadly” missed forecasts, also reflecting weakness at the BNSF railroad and in energy, manufacturing and retailing operations. He lowered his 2026 earnings forecast by 5%.

Melissa Knox
Morgan Stanley

All right. Let’s get started. Good to see everyone. Thank you for joining us. I’m Melissa Knox. I run the global software investment banking business here at Morgan Stanley, and I am excited to be here with John Hall and David Morton, CEO and CFO of Intapp.

Intapp, vertical software company focused on selling to banks, financial institutions, consultants, law firms, vertical software company, specialized workflows highly proprietary data, AI platform, really big customers and a really amazing story. So we want to spend this time talking about the company, talking about the defensibility that they’ve built into the platform and the offensive strategy that you have for really capturing these workflows, this market with an AI-first solution, all right?

So we’re coming off of a really exciting Investor Day last week in New York where you came up with some new product announcements around the Celeste platform. I want to talk about that. I want to talk about the target that we put out there for $1 billion in revenue by FY ’29. Accelerating growth, accelerating margin and a lot of new metrics around the cloud business. We’ll hit on all of that.

Music has changed dramatically over the past two decades. What once required shelves of CDs or a stack of downloaded files now fits easily in a pocket.

At the center of this shift is the MP3 format, which made it possible to store, share, and listen to music in a compact digital form. Alongside the format itself, online platforms have emerged to help people search, access, and download audio files quickly.

One name that often comes up in conversations about mobile-friendly music access is Tubidy. Many users search for terms like tubidy mp3 when looking for simple ways to find audio content that works smoothly across devices. But beyond a single site, it’s worth understanding the broader role that MP3 platforms play in digital media consumption.

Why the MP3 Format Still Matters

Even with the rise of streaming services, MP3 remains relevant. The format compresses audio files so they take up less storage space while maintaining reasonable sound quality. This balance between size and clarity is what made MP3 the standard for digital music sharing in the early 2000s, and it continues to serve a purpose today.

There are a few key reasons why MP3 files are still widely used:

• Device compatibility – Nearly every smartphone, tablet, laptop, and basic music player supports MP3 playback.
• Offline listening – Once downloaded, MP3 files can be played without an internet connection.
• Storage efficiency – Compared to uncompressed formats, MP3 files require significantly less space.
• Easy sharing – Smaller file sizes make transfers quicker and more manageable.

For people who travel frequently, live in areas with limited internet access, or simply prefer owning their music files, MP3 remains practical and reliable.

The Rise of Online MP3 Search Platforms

As internet speeds improved and mobile browsing became common, online platforms began offering searchable databases of audio content. Instead of transferring songs from a computer, users could find and download files directly from a mobile device.

Search terms like tubidy mp3 reflect this shift in behavior. Users are no longer just looking for music. They are looking for convenience. They want quick access, simple navigation, and formats that work without extra software.

These platforms typically offer:

• A search bar for locating songs, audio clips, or videos
• Multiple format options, including MP3
• Mobile-friendly layouts
• Quick download processes

The appeal often lies in simplicity rather than complexity, allowing users to find and enjoy audio without unnecessary steps.

The Importance of Accessibility

One of the most significant contributions of MP3 download platforms is accessibility. Not everyone has access to paid streaming subscriptions or unlimited mobile data. In many regions, downloading a file once and playing it repeatedly offline is far more practical than streaming it multiple times.

Accessibility includes:

• Low data consumption – Download once instead of streaming repeatedly.
• Broader device support – Older phones can still handle MP3 playback.
• Flexible usage – Files can be transferred to USB drives, shared between devices, or backed up.

This flexibility matters in everyday life. A student preparing a presentation might download background music. A language learner may save audio lessons for practice during a commute. A fitness enthusiast might create a custom workout playlist without relying on an active internet connection.

In each case, the MP3 format supports independence from constant connectivity.

Convenience and User Behavior

Modern users expect speed. They do not want complicated sign-ups, large software downloads, or confusing menus. The popularity of terms like tubidy mp3 highlights a desire for straightforward tools that get to the point.

Convenience includes:

• Fast search results
• Minimal loading times
• Direct downloads
• Simple file management

When platforms reduce friction, users are more likely to return. The goal is not complexity but ease. People want to type a song name, select a format, and move on with their day.

Legal and Ethical Awareness

While discussing MP3 download platforms, it is important to acknowledge legal and ethical considerations. Copyright laws protect creators, and not all content online is free to distribute. Responsible users take the time to understand whether the audio they download is legally available.

There are many forms of audio content that are legally shared online, including:

• Public domain music
• Independent artist releases
• Creative Commons licensed tracks
• Podcasts and spoken-word content

Awareness helps ensure that creators are respected and supported.

Storage Control and Personal Libraries

Streaming platforms offer convenience, but they also depend on continued subscriptions and internet access. Downloaded MP3 files provide a sense of ownership and control. Users can organize folders, rename files, and build a personal archive without worrying about changing subscription terms.

This control becomes especially valuable when:

• Internet access is unreliable
• Content is removed from streaming libraries
• Users prefer curated personal collections

For some people, maintaining a local library is simply more reassuring than relying on remote servers.

The Ongoing Relevance of MP3 Platforms

Technology evolves quickly, but practical tools tend to endure. MP3 platforms continue to serve users who prioritize portability, flexibility, and offline access. While streaming dominates headlines, downloading remains part of everyday digital habits.

Search phrases like tubidy mp3 reflect a larger trend. People are not necessarily looking for the newest innovation. Often, they are looking for something that works without hassle.

At its core, the MP3 ecosystem supports three basic needs:

1. Access to audio content
2. Freedom from constant connectivity
3. Control over personal media files

Those needs are unlikely to disappear anytime soon.

Final Thoughts

The digital music landscape is diverse. Streaming services, cloud libraries, and download platforms all serve different audiences. MP3 technology continues to hold value because it balances quality, portability, and independence.

Online platforms that support MP3 searches and downloads meet users where they are. Whether someone is building a personal music archive, saving educational audio, or preparing playlists for offline use, the format remains practical.

In a world that often pushes constant connectivity, MP3 downloads offer a quieter kind of convenience. They allow people to listen on their own terms, without interruptions, buffering, or monthly commitments. That simple freedom is part of why MP3 platforms continue to matter today.

Numerous tourists have been left stranded in Bangkok, Phuket, and Samui as a result of extensive flight cancellations, especially from long-haul markets dependent on Middle Eastern transit hubs.

This disruption has caused significant inconvenience for travelers, many of whom are struggling to find alternative routes or accommodations. Local authorities and airlines are working to address the situation, but the sheer volume of affected passengers has overwhelmed available resources. Tourism-dependent businesses in these regions are also feeling the impact, as cancellations ripple through the hospitality and service sectors.

Key Points

• Scale of disruption: Over 5,000 tourists are stranded in Phuket alone, with more than 30 flights canceled. Samui and Koh Phangan also face extended stays for over 1,000 visitors.
• Tourism industry response: Thai tourism associations and operators are coordinating with hotels and authorities to provide accommodation, waive rescheduling/cancellation fees, and offer discounted room rates.
• Government measures: The Tourism Council of Thailand and the Ministry of Tourism are surveying stranded travelers and assisting with visa issues. Evacuation flights for Thai citizens in the Middle East have also been ordered.
• Economic concerns: Cancellations from Middle Eastern transit hubs account for about 50% of Thailand’s long-haul trips. If the conflict continues, travel sentiment may weaken through the Songkran festival.
• Long-term outlook: Rising fuel costs could push airfares higher, but Thailand may position itself as a safe haven for long-stay tourists and investors.

In short, the upheaval has disrupted inbound tourism flows, but Thailand’s public and private sectors are working to mitigate the immediate impact and sustain confidence in the country as a safe destination. bangkokpost.com

✈️ Scope of Disruption

• Total impact: 2,655 flight cancellations and 2,508 delays across Asia and the Middle East.
• Countries affected: Thailand, India, China, Singapore, UAE, Qatar, Saudi Arabia, Israel, Jordan, and the Philippines.
• Major hubs hit: Dubai, Doha, Abu Dhabi, Tel Aviv, Amman, Jeddah, Mumbai, Delhi, Kolkata, Hyderabad, Bangkok, Guangzhou, Beijing, Shanghai, Singapore, Manila.

🛫 Airports Most Affected

• Dubai International: 1,106 cancellations (highest).
• Guangzhou Baiyun: 864 delays (highest).
• Beijing Capital: 318 delays.
• Singapore Changi: 264 delays.
• Bangkok Suvarnabhumi: 218 delays.
• Delhi: 144 delays (highest in India).

🏢 Airlines Most Impacted

• Emirates: 464 cancellations in Dubai, plus disruptions in Singapore, Guangzhou, Beijing, and India.
• Qatar Airways: Cancellations in Bangkok, Singapore, Manila, and India.
• Etihad Airways: Multiple cancellations across hubs.
• China Southern Airlines: 381 delays in Guangzhou.
• Air China: 215 delays in Beijing.
• IndiGo & Air India: Dozens of cancellations and delays in Mumbai and Delhi.
• Singapore Airlines, Scoot, Thai Airways, PAL Express, Philippine Airlines: Significant delays but fewer cancellations.

📊 Regional Patterns

• Gulf hubs (Dubai, Doha, Abu Dhabi): Cancellation-heavy disruptions.
• Chinese hubs (Guangzhou, Beijing, Shanghai): Delay-heavy congestion.
• Southeast Asia (Bangkok, Singapore, Manila): Delay-dominant disruptions with fewer outright cancellations.

👥 Passenger Guidance

• Check airline apps or websites for real-time updates.
• Contact customer service for rebooking.
• Keep boarding passes and receipts for compensation claims.
• Allow extra time for airport processing.
• Confirm onward connections before departure.

Other People are Reading

For professionals already operating in the world of business, the question is rarely what an MBA is and more pointedly, what an MBA can actually teach me that experience hasn’t already.

Mid- to senior-level managers, founders, and technical specialists often reach a threshold. They’re capable operators. They understand the role they play. They deliver results. Yet progression to enterprise-level influence, shaping strategy, steering transformation, and leading across disciplines demands a broader and more integrated capability set.

An MBA is designed to push the boundaries of what a qualification is, away from being a collection of business subjects. At its best, it is a structured reset of how you think, decide, and lead.

Expanding from Functional Expertise to Enterprise Vision

One of the most significant shifts MBA graduates experience is moving from functional experience to an enterprise-wide perspective. Many professionals begin their careers as specialists in finance, operations, engineering, marketing, HR, or technology. Over time, they become highly competent within that lane. But executive leadership requires something different: the ability to see how every function connects to value creation.

An MBA curriculum is designed to bridge these silos. Participants begin to see how capital allocation influences innovation, how supply chain decisions affect brand positioning, and how culture impacts financial performance.

For experienced professionals who cannot step away from their roles, many now choose to study an MBA online, integrating executive-level learning into real-time leadership challenges. The immediate application of theory to practice accelerates the shift from manager of a function to architect of an organisation. This systems-first thinking is often the first major elevation.

Strategic Thinking at Scale

Strategy is frequently misunderstood as planning. In reality, it is disciplined choice-making under uncertainty. MBA programs place heavy emphasis on competitive positioning, resource allocation, market dynamics, and long-term value creation. Through case analysis, simulations, and applied projects, participants learn to interrogate where the organisation should compete, what capabilities truly differentiate it, how scarce capital should be deployed, and which risks are worth taking.

Research consistently shows that strategic thinking ranks among the most valued capabilities employers seek in MBA graduates. In an environment defined by volatility, digital disruption, and geopolitical complexity, this capability can help set you apart. Especially for executives, the MBA sharpens the ability to move beyond quarterly pressures and toward a durable competitive advantage.

Financial Fluency for Non-Financial Leaders

Even seasoned leaders can underestimate the extent to which financial literacy underpins executive credibility. An MBA deepens understanding of financial statement analysis, capital budgeting, valuation methodologies, mergers and acquisitions, risk modelling, and investment appraisal. The goal is not to turn every participant into a CFO but to ensure every executive can interrogate financial data, assess investment proposals, and understand the implications of strategic decisions on enterprise value.

For founders and business owners, this often becomes transformative. Financial frameworks move from abstract accounting constructs to strategic tools. Leaders become more confident in negotiations, capital raising discussions, and board-level conversations about change.

Leading Through Ambiguity and Change

Modern business leadership is defined less by stability and more by navigation. For this reason, modern MBA programs increasingly focus on change management, adaptive leadership, and organisational behaviour. Participants examine why transformations fail, how culture shapes execution, and how to influence without formal authority.

Through structured reflection and peer challenge, candidates confront their own leadership blind spots. Feedback loops, often uncomfortable but invaluable, accelerate personal growth. The outcome is better management and more resilient, self-aware leadership.

Data Literacy and Analytical Decision-Making

In boardrooms and executive teams, intuition must now coexist with evidence. MBA programs embed analytics, data visualisation, and decision science into core curricula. Leaders learn to interpret datasets critically, understand statistical significance, challenge flawed assumptions, and translate data into a strategic narrative.

This is particularly relevant as artificial intelligence and automation reshape industries. Senior leaders must understand operational implications as well as governance, ethics, and competitive positioning related to technology. The ability to combine data-driven insight with human judgment is increasingly a defining executive competency.

Communication and Influence at the Executive Level

Technical expertise may secure promotion, but executive presence sustains it. MBA programs devote significant attention to communication. Beyond presentation skills, this includes persuasive framing, negotiation, and stakeholder management.

Through group work, consulting projects, and simulations, participants refine their ability to build compelling business cases, navigate board dynamics, manage cross-functional conflict, influence investors and partners, and inspire high-performing teams. For experienced professionals, this sharpening of interpersonal capability often yields immediate career impact.

A Broader Professional Network

One of the most underestimated learnings of an MBA is relational. Cohorts typically include professionals from multiple industries, geographies, and functions. Exposure to different operating models and leadership styles expands perspective beyond one’s own sector.

These industry-relevant relationships frequently translate into partnerships, board appointments, referrals, and investment opportunities. For readers operating in established business ecosystems, network density can become a strategic asset in its own right.

Career Acceleration and Economic Outcomes

While learning and leadership development are central, economic impact cannot be ignored. Global recruiter surveys consistently indicate that MBA graduates remain among the most sought-after talent pools for senior roles. C-suite pathways, consulting, private equity, program leadership, and operational directorships are common trajectories. Salary uplifts vary by industry and geography, but longitudinal alumni studies frequently report significant post-MBA increases.

For many executives, the qualification acts as both a capability enhancement and a signalling mechanism, demonstrating commitment to continuous development and readiness for broader responsibility.

The Psychological Identity Shift into Becoming a Leader

Perhaps the most subtle but powerful learning is internal. An MBA often marks a psychological shift from a high-performing manager to an enterprise leader. The structured exposure to strategy, finance, innovation, and organisational complexity builds confidence to engage at the board level and beyond.

Participants frequently report greater clarity in career direction, a stronger professional identity, and an increased appetite for calculated risk, which all contribute to the ability to deliver congruent leadership. Executive elevation can be about title or remuneration, but it also involves expanding one’s capacity to influence outcomes at scale.

Key Takeaways

In an era of micro-credentials, online certificates, and rapid skill cycles, some question whether the MBA remains relevant. The answer lies in integration. Short courses can sharpen individual tools. An MBA integrates them into a coherent leadership framework. It connects finance to strategy, analytics to innovation, and performance culture to help you stay within the range of jobs that will be in demand for a long time.

An MBA challenges assumptions accumulated through experience and reframes them within contemporary global contexts. For business professionals already immersed in the commercial world, the MBA is, therefore, less about entry and more about expansion. It does not replace experience. It refines it.

Operator

Good afternoon, and welcome to the Capstone Copper Q4 2025 Results Conference Call. [Operator Instructions] This call is being recorded on Monday, March 2026. I would now like to turn the conference over to Daniel Sampieri. Please go ahead.

Daniel Sampieri
Vice President of Investor Relations

Thank you, operator, and thank you, everyone, for joining us today to discuss our fourth quarter results. Please note that the news release and regulatory filings are available on our website and on SEDAR+. If you are logged into the webcast, we will advance the slides of today’s presentation, which are also available in the Investors section of our website. I’m joined today by our President and CEO, Cashel Meagher; our SVP and Chief Operating Officer; Jim Whittaker, our SVP and Chief Financial Officer, Raman Randhawa; and our SVP Risk, ESG and General Counsel, Wendy King.

During the Q&A session at the end of the call, we will also be joined by our Head of Technical Services, Peter Amelunxen, who is available for questions.

Please note that comments made on the call today