炬光科技公告，公司职工代表董事、董事会秘书张雪峰，董事、财务总监叶一萍，股东侯栋（与控股股东、实际控制人刘兴胜为一致行动人）于2026年6月11日通过集中竞价交易方式完成减持计划。张雪峰减持9290股（占公司总股本0.0071%），减持总金额312.06万元；叶一萍减持12400股（占公司总股本0.0095%），减持总金额420.19万元；侯栋减持19800股（占公司总股本0.0152%），减持总金额633.19万元。上述减持股份均来源于股权激励归属取得的股份，减持价格区间为320元/股至338.86元/股。本次减持后，张雪峰持股0.0214%，叶一萍持股0.0288%，侯栋持股0.0048%。

Investors need to pay close attention to TLN stock based on the movements in the options market lately.

*ST国华公告，公司于2026年6月12日收到深圳证券交易所《关于深圳国华网安科技股份有限公司股票终止上市的决定》，深交所决定终止公司股票上市。公司股票因2024年度经审计的利润总额、净利润、扣非后净利润三者孰低为负值，且扣除后的营业收入低于3亿元被实施退市风险警示。公司2025年度经审计的扣非后净利润为-1622.39万元，扣除后的营业收入为1.64亿元，财务会计报告被出具保留意见的审计报告，财务报告内部控制被出具否定意见的审计报告，触及终止上市情形。公司股票于2026年6月23日复牌并进入退市整理期，退市整理期为十五个交易日，预计最后交易日期为2026年7月13日，退市整理期届满后深交所将对公司股票予以摘牌。

Gary Gensler , overseer of Wall Street for significant parts of the last two decades, has a message for anyone arguing sports betting is a matter for federal financial regulators: They’re wrong. After seeing prediction market giant Kalshi and the federal agency he once ran, the Commodity Futures Trading Commission , argue that sports bets are swaps under federal oversight, Gensler decided to file a brief in a federal appeals court in Ohio on Thursday. The issue — an age-old question of federal power versus the states — has become a major dispute across the country that will likely eventually land at the US Supreme Court. Kalshi and the Trump administration’s CFTC want federal oversight, while the American Gaming Association and dozens of states argue they are the real authorities. The 2010 Dodd-Frank Act, which he helped implement after the global financial crisis, simply does not pertain to sports bets, Gensler said. The legislation was a direct response to the housing meltdown, the collapse of Lehman Brothers and the lack of regulatory oversight of the multi-trillion dollar swaps market. “To see somebody trying to kind of tuck into that whole thing, wow, the Commodity Futures Trading Commission was given exclusive jurisdiction and preempts the states for sports betting,” Gensler, a Democrat, who later headed the Securities and Exchange Commission, said in an interview ahead of the court filing. “Nothing could be further from what we were working on.” Representatives from Kalshi couldn’t be immediately reached to comment Friday. The CFTC argues in the Ohio case between Kalshi and a state agency that it is the primary regulator of the prediction markets industry, which includes trading around questions like who will win the World Cup or the National Basketball Association finals. The CFTC has treated those contracts as swaps. But Gensler said that Harry Reid , the veteran Nevada politician and Senate Majority leader when Dodd-Frank was adopted more than a decade ago...

Edwards gains from strong TMTT growth, RESILIA adoption and expanding TAVR use, but macro pressures and currency swings remain key risks.

记者今天了解到，市场监管总局（国家认监委）近日发布《测量管理体系认证规则》和《知识产权管理体系认证规则》，自9月1日起正式实施。两项规则在内容编制上遵循“通用要求+特殊要求”的结构。其中，通用部分涵盖适用范围、认证依据、认证机构和认证人员基本要求、认证程序、认证证书和认证标志，以及认证证书的暂停、撤销和注销等13个方面；特殊要求部分针对不同认证领域的专业特点进行编写，《测量管理体系认证规则》重点强调认证业务范围涉及的测量设备配置情况、测量结果失效和错误可能产生的后果等；《知识产权管理体系认证规则》重点强调知识产权获取、维护、运用和保护过程中的特点等，是划分认证风险等级、评定认证审核员专业领域、设定认证申请受理条件、安排审核时间、策划审核方案以及实施现场审核等活动的关键影响因素。（央视新闻）

广西能源公告，拟收购工银金融资产投资有限公司、交银金融资产投资有限公司分别持有的广西广投桥巩能源发展有限公司25.6962%股权、8.0240%股权（合计33.7202%的股权），交易作价合计为10.5亿元。

广西能源公告，公司与广西能源集团签署了《广西能源股份有限公司附条件生效的向特定对象发行股份认购协议》，约定由广西能源集团以现金方式认购公司本次发行的股票，广西能源集团认购股份数量不超过2500万股，认购金额不超过1亿元，且本次发行完成后广西能源集团与广西广投正润发展集团有限公司的合计持股比例不低于公司总股本的40.03%。

Brandon Moser/iStock Editorial via Getty Images SpaceX is set to make its much-anticipated debut in a gigantic IPO valuing the company north of $1.75 trillion. I believe the main risk for SpaceX IPO investors is that they will own just 4% of the company, with early releases quickly adding to the public float. For the space sector and aerospace and defense as a whole, there could be some negatives and positives driven by this massive entry into the stock markets. I wouldn’t want to claim that I know what will happen to the space sector as a whole, but it is interesting to discuss the various risks and opportunities. Rerating Potential For The Space Sector SpaceX assumptions and key metrics (The Aerospace Forum) I have brought my estimates for SpaceX in line with the estimates of Morgan Stanley , indicating $3.4 trillion in revenues and $2.7 trillion in adjusted EBITDA by 2040. The debate is not necessarily about whether SpaceX will be able to achieve those numbers. I do believe there is an opportunity for that. The company will need substantial cash to fund capital expenditures. I expect this to be around $240 billion through 2030. Around $140 billion will come from operating cash flow and $75 billion from the capital raise, and around $25-$30 billion would be needed from either additional raises or adding debt combined with refinancing existing bank debt. The EV/EBITDA for SpaceX will remain elevated, but by 2030 it will be at a 34x-45x multiple, which is high but also defendable. We also note that valuing the company as an elite growth company would drive the EV/EBITDA to 90x-100x, but this is harder to justify as long as the company does not generate positive free cash flow. The EV/Sales ratio, however, remains extremely high at 17x. The multiple is 4.4x that of aerospace and defense peers, and on EV/EBITDA, there is a premium of nearly 60%-100% on top of the 21.5x EV/EBITDA. The EV/Sales for the aerospace and connectivity part would likely be around 10x-12x. I as...

The Infocomm Media Development Authority (IMDA) and Microsoft ( MSFT ) signed a memorandum of understanding on Friday to deepen collaboration on artificial intelligence safety and security. "The partnership reflects both organisations' commitment to ensuring that AI development remains safe, secure and trustworthy," IMDA and Microsoft said in a joint media release. The scope of the MOU will include joint research into agentic AI and the development of evaluation methods, tools, and benchmarks for AI models, including in the area of multilingual AI safety. IMDA, the Singapore AI Safety Institute and Microsoft ( MSFT ) will work together, with participation from other Singapore government agencies to explore a framework for how governments and infrastructure operators can responsibly structure access to frontier AI models for purposes such as safety and security testing, the statement said. More on Microsoft Microsoft: Why I Added To My Position And Why Through A Different Strategy Buy The Dip: Why Microsoft Is Heavily Tilted To The Upside Microsoft Remains A Generational Buying Opportunity In The Agentic AI Era Microsoft Copilot seats could be 'well above' Wall Street's outlook: BNP Paribas Wall Street may be lowballing hyperscaler capex - Goldman

Jazz Pharmaceuticals ( JAZZ ) traded lower in the premarket on Friday after announcing that its lung cancer therapy Zepzelca (lurbinectedin), developed with Spanish pharma company Pharma Mar ( PHMMF ), failed in a late-stage trial. The Phase 3 LAGOON trial testing Zepzelca as a single agent or in combination with chemotherapy irinotecan in patients with metastatic small cell lung cancer as a second-line option didn’t meet the primary endpoint of overall survival, Jazz ( JAZZ ) said. There were no new safety concerns, and the on-drug arms demonstrated a tolerability profile consistent with the established safety profiles of individual drugs, the company added. Zepzelca is already available in the U.S. under the FDA’s accelerated approval pathway as a second-line therapy for adults with metastatic forms of SCLC, which makes up roughly 13% of all lung cancer cases. Its continued approval depends on positive results from a confirmatory trial. The company said it has already shared the data with the FDA and will discuss plans for post-marketing conditions for this indication in a future meeting. More on Jazz Pharmaceuticals Jazz Pharmaceuticals plc (JAZZ) Presents at Jefferies Global Healthcare Conference 2026 Transcript Jazz Pharmaceuticals plc (JAZZ) Presents at TD Cowen's 7th Annual Oncology Innovation Summit: Insights for ASCO & EHA Transcript Jazz Pharmaceuticals plc (JAZZ) Presents at RBC Capital Markets Global Healthcare Conference 2026 Transcript Highest and lowest quant-rated healthcare stocks above $10B cap after earnings season Jazz Pharma raised to Buy at UBS on Ziihera potential

Gaming handhelds are amazing. They make it so much easier to fit all kinds of games into my day. Sadly, they’re less affordable than they’ve ever been — due to an unprecedented, AI-fueled shortage of memory chips, an unforced oil crisis, rampant inflation, fallout from tariffs, and more. But that’s not going to stop you. You’ve decided now’s the time to buy one, before the next shoe drops. I won’t talk you out of it! I genuinely don’t know when or if prices might come back down. So instead of telling you to hold off, I’ll try to help you navigate this “new normal” I keep hearing so much about. We’ll do this four ways: First , if you just want me to tell you what to buy and be done with it, grab an Xbox Ally X if it’s still $999 at the time you read these words. It’s the handheld I’d buy for myself if I were buying today. It’s the only top-tier handheld that hasn’t hiked its price, and it has a good mix of performance, comfort, and battery life. Second, let’s talk bargains. There are a few refurbished and open-box handhelds worth nabbing on closeout — if you can find them at all. Third, I’ll ask you some questions. Assuming you’re buying new, are you looking for the most powerful handheld? The one with the most battery life? The most affordable? The best screen? The easiest to pick up and play? Because all of those are different handhelds, and none are the Xbox Ally X. Click the links in this paragraph to find out which. Fourth, I’ll list every other handheld PC you’re likely to find when you shop around, and why you should probably skip them. I want you to know whether that seemingly good closeout deal is actually worth your money. But before I go down the list, let’s talk Windows and Linux . While I’ve dinged many of the handhelds I’ve reviewed for The Verge for Windows woes, that’s not as big a deal today — because you can install Bazzite or even SteamOS on many of them for a better pick-up-and-play experience. The same exact handheld is often more stable and perf...

adventtr/iStock via Getty Images I've spent a good part of this year scratching my head over why gold is doing what it is doing, namely, correcting hard after what felt like an unstoppable run to record highs. SPDR Gold Shares ETF ( GLD ) is down about 3% year-to-date. What was once euphoria is now a resigned shrug. But the reasons I was bullish on gold in the first place haven't gone anywhere; if anything, they've gotten stronger. Central banks are still amassing gold at a pace that would have been unimaginable just 10 years ago. Geopolitical fault lines are multiplying. Eventually, the Federal Reserve will run out of options because of fiscal reality. Sure, we could have a continued dollar rally or a true hawkish surprise from the new Fed chair that causes further pain. But I think we have a generational entry point in the GLD here, and I'm looking for gold to retest its highs before this cycle is through. If you have a smaller budget, you could potentially implement this idea using the iShares Gold Trust ETF ( IAU ). The Moment That Changed My Mind I will admit that I have not always been a gold guy. For much of my investment career, I viewed gold as something your uncle talked about at Thanksgiving dinner, right between his theories about the Federal Reserve and his fears about the national debt. It paid no dividend, generated no earnings, and just sat there looking shiny. I was a skeptic. It is not one piece of data, but a feeling, like when you have been studying the markets long enough that sometimes a trend just seems to jump out at you. I was sitting watching gold break through $5,000 for the first time earlier this year, and something about the move felt different from every other gold rally I had lived through. No, this buying wasn't retail mania or speculative froth. Buying had already begun from the biggest, smartest players on the planet, sovereign nations diversifying away from the dollar in real time. That got my attention. Then the correction: Gold ...

Even Western pundits grudgingly admitted the summit between President Xi Jinping and North Korean leader Kim Jong-un was a success. Both sides, according to Bloomberg, “appear to have walked away with what they wanted”. Given China’s rising pre-eminence while avoiding any damaging war, it’s no surprise that Xi had the upper hand in his recent meetings with US President Donald Trump and Russian President Vladimir Putin. But with Kim, the stakes for Beijing were just as high, in light of Tokyo’s...

When it comes to learning how to invest in stocks, sometimes seeing is understanding. Improve your skills with these videos.

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting with us, check out the Odd Lots Discord , where you can hang out and talk with us and with other listeners 24/7. Here’s what Tracy’s thinking about... Last week I wrote about a leveraged ETF whose entire raison d’être is to produce two times the daily return of SK Hynix. That turned out to be fantastic timing, because on Friday, the CSOP SK Hynix Daily 2X Leveraged Product plunged 20%, along with a bunch of other levered products that track Asian shares. But the point of writing about these things isn’t to highlight the volatility of the product itself. Everyone knows that it, erm, takes a certain type of personality to play around with these products. Instead I want to underscore the impact they have on the broader market, an impact which gets bigger the more inflows these products attract. Nomura’s Cross-Asset Macro Strategist (and frequent Odd Lots guest) Charlie McElligott points out that levered ETFs tied to single stocks in Taiwan and Korea have grown from something like $11 billion assets under management at the start of the year to $65 billion as of last week (before the big drop). Almost all of them are, of course, tied to some variation of the AI theme. But there are also plenty of levered ETFs outside of Asia. Over at Barclays, Stefano Pascale and Zhiyuan Fan estimate that in the US, levered ETF AUM peaked at $168 billion last week. The problem here, as we’ve discussed previously, is that to maintain their leverage these products have to rebalance their positions every day. Typically, this means selling shares when the underlying stock is going down and then buyi...

The sun is out, the sky is clear. It’s time to get outside and disconnect — from work, at least. This summer, we’re looking at all the ways to upgrade our free time indoors and out, from smart lights for the backyard to great gadgets to bring camping to ways to wind down at the local library. The Nintendo DS is still the best gaming handheld for travel This portable light is great for way more than camping So you want to buy a gaming handheld PC I went to the woods to drink surprisingly great espresso The library rules (and so do library streaming services)

Even with the looming specter of rising prices , there's never been a better time for portable gaming. The Steam Deck has ushered in a new era of handheld PCs, the Analogue Pocket and other Game Boy-style remakes are making retro games more approachable than ever, the Playdate has led to an alternate universe of weirdo portable titles, and Nintendo continues to chug along with the latest iteration of the Switch. If you want to play games on the go, you're spoiled for choice. But if you're planning on doing some traveling and want to bring games along with you, I'd actually recommend none of those devices. There's a much better, and older, opt … Read the full story at The Verge.

The financing follows a massive raise from Google's parent, Alphabet.

SharonAI Holdings stock jumps after announcing a six-year agreement with Nvidia to expand data-center capacity in Australia.

Pla2na/iStock via Getty Images Introduction CareTrust REIT ( CTRE ) has long been one of my favorite REITs since turning bullish on the company in 2023 . However, their strong performance in recent years led me to believe the stock was overvalued. With the recent pullback in price, down close to 5% in the past month, CTRE appears more attractive for long-term investors at the current price. But at a forward P/AFFO multiple still close to 19x, I think investors should wait for another 10% - 15% pullback for a margin of safety. In this article, I discuss CareTrust REIT's latest earnings, fundamentals, and why despite the pullback, I'm reiterating shares at a hold. Previous Downgrade I last covered CareTrust REIT back in March in an article titled: This Overlooked REIT's Hot Streak Continues, But The Bargain Is Gone. Although CTRE showed strong growth and was expecting 2026 to be another breakout year, their forward multiple near 21x earnings led me to believe the valuation was stretched, putting new investors at high risk of underperformance. I indicated CTRE could trade anywhere between 18x and 20x going forward but suggested investors wait for a pullback to the mid-$30s or lower before considering. Moreover, the upside potential to their price target of $43.82 wasn't enough for me to remain bullish, and instead I downgraded them to a hold to wait for a better entry point. Since then, CTRE has underperformed, down over 9% in comparison to the S&P ( SP500 ), up close to 11%. Seeking Alpha Strong Activity Continues CareTrust REIT reported their Q1 earnings last month with FFO in line with estimates at $0.48. Revenue managed to beat analysts' estimates by a solid $8.92 million, amounting to $142.78 million. Year-over-year, FFO grew 14%, while FAD was up 13%. In Q1, management made an additional $245 million in investments at a blended yield of 8.8%. For comparison, although their yield declined from 10% the prior year's quarter, the REIT saw higher investment activity w...

Artem Peretiatko/iStock via Getty Images Co-authored with Hidden Opportunities Investors spend an enormous amount of time trying to predict where interest rates will be 6-12 months from now. The media adds to the excitement by being fixated on what the Federal Reserve will do in its next meeting and how many times we will see rate revisions in upcoming meetings. Countless hours are devoted to debating every inflation report, jobs number, and central banker speech and interview in an attempt to gain an edge. There is no edge. Accurately forecasting short-term interest rate movements is exceptionally difficult, even for professional economists and market participants. Even the members of the Fed’s Board of Governors don't know what the monetary policy will be at the end of the year. Everyone can make an educated guess, even the best have been proven wrong time and again. Instead of building portfolios around a specific rate forecast, income investors are often better served by building a portfolio that can perform reasonably well across a wide range of outcomes. A rate-agnostic portfolio does not require investors to correctly predict the next move by the Federal Reserve. Rather, it emphasizes investments that can continue generating attractive income whether rates move higher, lower, or remain unchanged. This is how we invest at High Dividend Opportunities . Today, we examine two opportunities that fit our rate-agnostic philosophy from two angles. We will discuss fixed and floating-rate preferreds and securities with defined near-term maturity dates. Collectively, they demonstrate how investors can build durable income streams without relying on predictions. Let’s dive in. Pick #1: AGNC Preferreds – Up To 8.7% Yields AGNC Investment Corp. ( AGNC ) is one of our favorite mREITs that invests in agency MBS (Mortgage Backed Securities). Agency MBS carry minimal credit risk, and current mortgage coupons around 5.5% allow AGNC to earn attractive spreads even if short-term ...