格隆汇5月2日｜精神航空周六发布声明称，已开始有序地逐步停止运营。由于该公司未能与特朗普政府达成资金支持协议，所有航班均已取消，乘客收到通知称不要前往机场。精神航空CEO表示，“要维持公司运营，就需要额外数十亿美元的流动资金，而公司根本就没有、也无从获取这笔资金。这实在令人非常失望，也并非我们任何人所期望的结果。”美国政府曾考虑向精神航空公司提供5亿美元资金，作为交换条件，政府将获得购买该航空公司最多90%股份的认股权证。但主要债权人不同意这一方案，因为如果该航空公司日后破产，政府的债权将优先得到偿付。

PM Images/DigitalVision via Getty Images Upstart ( UPST ) has had a busy past few months. From appointing their co-founder as Chief Executive Officer to applying for a national bank charter to doing an accelerated share repurchase program, the story is starting to have many characteristics to it. In the age of AI, this traditional lending marketplace is trying to transform into a risk-conscious primary lender capable of structurally growing margins and transforming its business in short order. In my opinion, the Upstart story is interesting for the first time in years, and it could be the right time to get long in this high-risk lending marketplace. Business Profile Upstart is having its "AI" moment. After being a personal loan company for lower- and middle income consumers, it's rebranded to be the "leading artificial intelligence lending marketplace." Recently, the company has been saying they're using AI to more accurately quantify loan-level risk, which they refer to as "risk separation." Approximately 91% of their loans made during 2025 had no human interaction. The company offers personal loans like small dollar loans, auto loans, and even home loans in the form of HELOCs - home equity lines of credit. The company's loans are largely off-balance sheet, with 64% of total loan volume being off-balance sheet and 26% purchased by the company's lending partners. Only 10% of the loans they've made are on the balance sheet. These are largely for R&D purposes to better understand and train AI to improve underwriting. This is all a way of saying that they are a financial intermediary that makes loans and assumes some balance sheet risk. They generally lend to prime and subprime consumers, as indicated below. Investor Presentation Source: Investor Presentation Transaction volume has been growing nicely, compounding large growth rates quarter after quarter, best displayed below. Another notable stat is that conversion has largely improved coming out of last quarter. In Q...

5月3日是东京审判开庭纪念日。澳大利亚、新加坡、印度尼西亚、马来西亚、菲律宾、缅甸等多国官员和学者近日指出，日本一些政客和右翼势力不断践踏历史道义，东京审判承载的历史警示意义在日本并未得到应有尊重。他们呼吁日本正视东京审判的历史正义，彻底反省历史罪责，停止在激进右倾化道路上狂飙。(新华社)

Qualcomm Incorporated $QCOM Shares Sold by Addison Capital Co MarketBeat

There are a handful of major technological revolutions taking place right now that have the potential to attract trillions of dollars in capital. Investors looking for long-term capital appreciation would be smart to have at least some exposure to most of these trends. Fortunately, a single stock could provide access to all of them and more frontier technology opportunities: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) . Image source: Getty Images. Continue reading

If you're planning to retire in 2027, there may be one pressing question on your mind: Do I have enough money? Retiring before you're ready financially could mean struggling to keep up with your costs or having to cut corners constantly. That's not a fun way to live. Image source: Getty Images. Continue reading

Andrew Hill Investment Advisors Inc. Has $6.10 Million Position in Microsoft Corporation $MSFT MarketBeat

格隆汇5月2日｜据央视，围绕对伊朗战事的分歧，美国总统特朗普连日“怒怼”欧洲多国领导人，并威胁削减驻德国美军、提高欧盟输美汽车关税，令美欧跨大西洋关系持续降温。分析人士指出，欧洲方面对特朗普政府相关政策的反对态度正变得强硬。有欧洲外交官强调，欧洲不能再依赖二战后的格局，“必须有硬实力支撑”，目前欧洲正在迅速扩充军事能力。

格隆汇5月2日｜美国国家公路交通安全管理局：NEWMAR CORPORATION申请召回32辆美规车辆。DORMAN PRODUCTS申请召回66867 辆美国在售车辆。 ROADTREK申请召回312辆美国市场车辆。

The Good Brigade/DigitalVision via Getty Images Short term, I am bearish about the housing market. All of the data is pointing toward worsening conditions. But as a value investor, I emphasize a long term orientation to the decisions that I make. This sometimes means buying even when fundamental performance for a business could worsen. One good example of this strategy in action happens to be my ownership of the common shares and preferred shares of Hovnanian Enterprises ( HOV ) ( HOVNP ) . I own the preferred shares for the hefty distributions that they offer and the fact that the risk profile of them is quite low. I own the common shares because of how attractively priced the company will look once market conditions stabilize and show signs of recovery. It is not a baseless guess that market conditions will eventually improve. The fact of the matter is that even though we are seeing weakness in that market now, the long term picture is strong because of a large housing shortage and a continually growing population in the US. That's why I have no problem maintaining the company as a ‘strong buy’ candidate, just like I reaffirmed it as in December of last year. Since that time, the stock is up 14.1%, easily outperforming the 3.9% increase that the S&P 500 saw over the same window of time. Given the timing of when I purchased the stock, I am currently up only 5.2% on it. But eventually, I expect that situation to improve. Along the way, I am happy to see my return augmented by the preferred units, which I am currently up 17.8% on since acquiring them. Digging into Hovnanian Enterprises Fundamentally speaking, the housing market is not in a good place right now. New residential construction activity, for instance, is struggling. The most recent data that we have for it covers through January of this year. And compared to the same time a year earlier, housing completions were down 7.5%. It is true that housing starts happen to be up 9.5%. But this is almost certainly b...

销量与品牌双重跃迁 格隆汇4月3 为期十天的 2026 北京车展已进入尾声，回顾本届车展，来自 20 多个国家和地区的近千家车企齐聚，试图在这个中国最大的汽车舞台上寻找一个未来确定性。 最拥挤的展台之一，属于零跑。这家成立于2015年的新势力，展出旗下ABCD四大车系，吸引消费者、观众，热度甚至超过一些传统大厂。 前几天，零跑公布了4月的销量成绩，市场热度持续高涨：单月销量达到71387台，刷新品牌单月交付纪录。 这反映出，零跑的增长飞轮正在加速运转。当“7万台”从季度成绩变成单月数字，如今的零跑已跨过规模化的关键门槛，来到了“高基数高增长”的新阶段。 01 单月7万台，零跑销量曲线的陡峭斜率 回顾零跑的销量变化，2025年以近60万辆的销量登顶新势力交付榜首，成为这一年规模扩张最快的玩家。同年，零跑实现全年净利润5.4亿元，首次实现全年盈利，成为继理想汽车后第二家实现全年盈利的新势力车企。 2026年一季度，零跑全球交付超11万台，继续登顶新势力榜首。其中，3月交付量首次突破5万辆大关，对比4月超7万台，零跑做到了单月净增2万台的跨越。从销量的连续性看，零跑呈现出不可逆的常态化增长态势。 实际上，“7万台”这一数字的意义不只是“高增长”，在行业不少品牌依赖价格换销量的背景下，有以下几个关键的信息点值得关注： 第一，拉大与竞争对手的差距。 根据乘联分会数据，4月1-26日，全国乘用车新能源市场零售61.4万辆，同比去年4月同期下降11%，较上月同期下降6%。对比来看，4月7万台的销量是很多友商的一倍还要多，可见零跑实现逆势增长且领先幅度进一步扩大。随着行业格局分化，零跑获得越来越多消费者“真金白银”的认可，足见其突出的产品竞争力与用户口碑。 第二，规模效应迎来质变。 从制造的角度来看，汽车是强规模属性的行业，规模即是竞争壁垒，行业经验表明，汽车产品交付迈上新的量级后，单位固定成本可降至更低水平。2025年，零跑实现了销量和盈利齐升，凸显规模效应，今年4月销量规模的跃升有望进一步强化零跑的盈利能力。 第三，卖车并非以牺牲毛利为代价，而是建立在“全域自研”降本的基础上。 一直以来，外界认为零跑的车卖得好是因为性价比，但多数人不清楚性价比的背后，是零跑在研发方向上坚持做好一件朴素的事：成本优势。 通过全域自研，零跑把供应链里的核心环节尽可能交给自己完成，利用自研进行合理降...

⚽ All the latest ahead of a pivotal day’s football action ⚽ Ten things to look out for | Fixtures | Tables | Mail David Good morning everyone (shuffles papers and looks into camera while staff mill around in the background) and welcome to matchday live! We’re at the stage of the football season when every day seems significant, make-or-break, do-or-die. And that’s absolutely the case this very Saturday with three teams – Ipswich, Millwall and Middlesbrough – all having a shot at clinching the second automatic qualification spot from the Championship to the Premier League. At the very summit of the pyramid, Arsenal have the chance to pull six points clear when they host Fulham this evening. So there’s that and, quite frankly, an awful lot more. Let’s do this and, as always, get in touch with via the email at the top of the page! Continue reading...

据猫眼专业版数据，2026年五一档新片总票房（含点映及预售）破3亿，《寒战1994》《消失的人》《穿普拉达的女王2》暂列五一档新片票房榜前三位。(界面)

STX, SIMO, and NXPI each surged after strong Q1 2026 earnings, but valuations and overbought technicals raise questions about remaining upside for each stock.

JHVEPhoto/iStock Editorial via Getty Images Investment thesis Despite the significant run-up in Equinor's ( EQNR ) share price since the start of the year, I continue to see it as a buy. We are now in week ten of the ME energy crisis, meaning that significant damage has been inflicted on the global oil & gas inventory situation. Even after the crisis ends, it will probably take many months to see oil & gas flows return to normal. Equinor is Europe's largest natural gas provider, and it is also a major oil producer on the continent. All indications are that Europe's oil & gas storage levels will be among the most heavily depleted by the time this crisis ends. Furthermore, it still intends to completely phase out Russian oil & gas imports, which leaves Equinor in a stronger position on the European market. I see it benefiting from this situation for many years to come, which is why I decided to add recently to my already sizable position in this stock on the latest pullback. Maintaining a buy rating The last time I covered Equinor , it was the start of the Iran war nearly two months ago, at which point it was unclear whether it would be a lasting event or just a short-term disruption of energy and petrochemical flows from the ME region. We are now in week ten of the disruption, and with each passing day without a resolution to the crisis, we lose more oil, gas, and petrochemical supplies that the global economy depends on. The net effect on the global oil & gas market is set to last for the rest of the decade. Equinor is uniquely well-positioned as Europe's largest provider of natural gas, as well as its position as a major European oil producer, to take advantage of a market that will be far tighter than the North American market for years to come. Equinor share price & other metrics (Seeking Alpha) I mostly built up my Equinor stock position in 2025, turning it into my third core position in the oil & gas sector. I took some profits when it briefly went over $40/sha...

primeimages/iStock via Getty Images By Ryan J. Puplava Earnings Fireworks This week’s market direction was defined by one thing: earnings, particularly from mega-cap technology and AI-linked companies. The market entered the week already sitting near record highs, but leadership remained narrow and heavily concentrated in a handful of names. That dynamic was both reinforced and tested as results rolled in. Early in the week, NVIDIA ( NVDA ) once again demonstrated its outsized influence. Despite broader semiconductor weakness, the stock gained 4% on Monday, helping stabilize the Nasdaq even as the PHLX Semiconductor Index declined. The semiconductor index was coming off huge momentum in the month of April, so it was no surprise to see some profit-taking. The tone shifted Tuesday as semiconductors sold off more aggressively, with the PHLX Semiconductor Index falling 3.6%. A key catalyst was a Wall Street Journal report that OpenAI missed internal revenue and user targets, raising questions about the sustainability of AI infrastructure spending. That news hit the entire AI ecosystem, dragging down companies like NVIDIA and AMD ( AMD ) while reinforcing concerns about whether current valuations are pricing in overly optimistic growth assumptions. By midweek, earnings began to reassert control. Visa ( V ) delivered a classic “beat and raise” quarter, sending shares higher and confirming that consumer spending remains resilient. Meanwhile, Robinhood Markets ( HOOD ) dropped sharply after missing expectations, illustrating how unforgiving the market has become toward companies that fail to deliver clean results. The real turning point came Thursday with a wave of mega-cap earnings. Alphabet ( GOOGL )( GOOG ) was the standout, surging nearly 10% after beating expectations across search, cloud, and advertising, with AI-driven demand clearly translating into revenue growth. Its results reinforced the bull case that massive AI spending is beginning to generate tangible return...

格隆汇5月2日｜据灯塔专业版，截至5月2日15时02分，2026年五一档新片总票房（含点映及预售）突破3亿，《寒战1994》《消失的人》《穿普拉达的女王2》《10间敢死队》《给阿嬷的情书》暂列票房前五名。

Chewy (NYSE: CHWY) stock has suffered in recent years, trading at a near 80% discount from its all-time high and almost 50% below its 52-week high. Nonetheless, Chewy has become a profitable business, and it has become increasingly apparent that the selling in the consumer discretionary stock is overdone. That may have made Chewy stock a buy for two reasons. Image source: The Motley Fool. Continue reading

【有線新聞】世界乒乓團體錦標賽中國女隊衛冕第一擊在分組賽輕取羅馬尼亞。 紅衫中國3場都請羅馬尼亞「食蛋」，孫穎莎以12比10、11比5及11比6擊敗迪亞康露。蒯曼同樣以局數3比0贏達高雯，連贏兩局11比6，第3局就大比數贏11比2。王藝迪第3場上陣鬥莎夏莉亞，橫掃11比6、11比4及11比6。

标普500指数不断创出历史新高，却无法掩盖市场内部的深层裂痕——指数上涨的同时，下跌个股数量远超上涨个股。 高盛首席美国股票策略师本·斯奈德团队在最新报告中警告， 当前美股涨势高度集中于少数巨型科技股，市场广度已跌至互联网泡沫时期以来的低点。 历史数据显示，市场广度收窄与股市大幅回撤风险之间存在明显相关性， 下行风险正在持续积聚。 报告指出，这一窄幅上涨格局最终将以两种方式收场：要么其余滞涨股票奋起“补涨”，要么领涨的少数龙头股继续“补跌”—— 两种路径均指向动量策略的波动加剧。 高盛Prime数据显示，对冲基金对动量的净敞口已逼近多年高位，整体杠杆率虽较此前有所下降，但仍处于近五年区间的偏高水平。 对于押注市场立即转向的投资者而言，高盛认为时机尚早：在AI交易充分成熟之前，市场广度恐怕难以回归正常。这意味着当前窄幅行情的内在张力将持续积聚，而一旦触发逆转，拥挤平仓的冲击将远超预期——这正是机构投资者面临的最大潜在风险。 标普500创新高背后的“负广度”隐忧 标普500指数近期连续刷新历史高点，但支撑这些新高的，仅是极少数大市值科技龙头股。据高盛统计，过去五次历史新高中有四次是在下跌股票数量超过上涨股票的情况下实现的——即所谓的“负广度”新高。 这一现象表明， 市场表面的繁荣与多数个股的实际走势严重背离。 动量策略的交易者并不挑选个股，而是追逐最强趋势，寄望于在趋势反转前率先离场。报告指出，这种单边追涨一旦遭遇动量逆转，将对整体市场形成明显的失稳效应。近期案例已暴露这一策略的脆弱性——资金涌入某热门股票追涨，数日内便将涨幅悉数回吐。 资金扎堆动量股，回撤风险正在积聚 高盛Prime数据显示，对冲基金当前对动量因子的净敞口已逼近多年高点，这意味着一旦动量逆转，被迫平仓的卖压将急剧放大。 同时，尽管对冲基金整体杠杆率在近日有所回落，但从五年历史区间来看，仍处于高位。高盛在报告中明确警告：随着窄幅上涨行情的持续，类似过往的回撤风险正在累积——市场内部愈趋脆弱，崩盘时的冲击力往往愈大。 这一格局的核心逻辑在于： 当大量资金集中于同一批动量股，而市场广度持续萎缩，一旦触发抛售，缺乏资金承接的其余个股将加剧整体跌幅。 市场广度收窄的本质：AI主题尚未扩散 当前市场广度的收窄，本质上是AI投资主题尚未充分扩散的映射 。涨势主要集中于AI基础设施相关标的，而AI对企业产能和业务场景...

The 34-year-old midfielder will leave Old Trafford after conclusively proving high-profile doubters wrong It was two years ago that Jamie Carragher offered Casemiro a rather withering piece of advice: “Leave the football before the football leaves you.” Fast forward to this season and the Brazilian’s record for Manchester United reads: nine goals (second only to Benjamin Sesko), two assists, and 2,417 minutes played in 31 starts from a total of 32 appearances, with 13 games finished, including seven of the past nine. Consider, too, how the January announcement of Casemiro’s departure from United at the end of the current campaign has led to supporters pleading with the 34-year-old to stay, and that Casemiro is again a midfield first-choice for his national team in the buildup to a World Cup. Continue reading...

The once inexorable rise in retiree living standards since the second world war has broken down. Can we keep the dream alive for future generations? When you think of retirement, what comes to mind? Perhaps it is images of older people enjoying a well-deserved period of leisure and comfort in the final stretch of their lives. Cruise ships, garden centres, golf clubs and bungalows by the sea. The truth is that this image is now, in large part, the artefact of a bygone age. A long and comfortable retirement starting at 60 or 65 is beginning to look like a collective social experience whose moment has passed. The political and economic forces it relied upon appear to have run their course – and it’s time to start thinking about what comes next. Retirement in Britain has a surprisingly short history, underpinned by dramatic improvements in older people’s quality of life over the past 50 years. Large public and private bureaucracies first started to enrol long-serving employees into pension schemes from the mid-19th century. In 1909, Britain was the first country to pioneer an old age pension, funded by the state and targeting the poorest, who could claim it from the age of 70. But it was only after the second world war that a period of leisured old age become an ordinary expectation for most British workers. Helen McCarthy is a historian and the author of Double Lives: A History of Working Motherhood Continue reading...

Breton brewer forced to stop selling craft beer after Beatles singer’s widow registered lemon name to stop him being mocked A Brittany brewer is in a squeeze after Yoko Ono ordered him to stop selling a bestselling craft beer labelled John Lemon. The Japanese-American artist and widow of the Beatles star John Lennon claimed it was a breach of a trademark she had registered a decade ago to stop her late husband being mocked, his name misused and his reputation sullied. Continue reading...

England head coach survived Ashes review but going missing for 43% of the county season is straight out of Seinfeld George: Right now I just sit around pretending I’m busy. Jerry: How do you do that? George: I look annoyed. Think about it. When you look annoyed all the time, people think you’re busy. [Rolls his eyes, slaps his forehead, does look busy.] Does anyone remember Brendon McCullum? You know. Baz. It was a thing. People said “Bazball” in parliament. It was probably in the dictionary, one of those new zeitgeisty words, like rofl. Distinguishing marks? Hat. Jawline. A way of standing. Sports socks provocatively splayed on an ornate balcony. Look, it doesn’t really matter. But has anyone actually … seen him? Continue reading...

Midfielder broke a Barça Dutch record last week and is potentially one win from a third league title with team he visited as a teenager for fun A warm sun bathes the Barcelona training ground as Frenkie de Jong arrives to chat. The midfielder’s work is done for the day and the Netherlands international is in his comfort zone here, the first team’s longest-serving player, a regular captain and effortlessly fluent in Spanish. It is a far cry from the day just over 10 years ago when he visited the Camp Nou. In late December 2015 De Jong made the most of the Eredivisie’s winter shutdown to take a city break in Barcelona with his now wife, Mikky. He was 18 and days from linking up with Ajax, who had signed him four months earlier but loaned him back to Willem II, and he managed to get tickets for Barcelona v Real Betis. It is an occasion that stuck in his mind. Continue reading...

‘Targeted support’ means certain banks and financial institutions can offer free extra help with investments and pensions Many Britons are daunted by the world of investing, but new City rules mean certain banks and financial institutions can offer free extra help with investments and pensions. Last month marked the launch of “targeted support”, a new regulated service that permits companies to suggest investments and pension products to customers that might provide a better return. Continue reading...

在2026年的全球资本版图中，美国股市再度展现了令投资者既惊叹又困惑的韧性。尽管关于“估值泡沫”的争论从未平息，但标普500指数在经历了2023至2025年连续三年的强劲增长后，依然在2026年初保持了稳健的上升势头 。 这种“永不崩盘”的现象背后，实际上是一套由养老体系、资本结构、企业行为、货币政策及指数机制深度耦合而成的系统。 49万亿美元的压舱石 美股长期走牛的最核心制度根基，在于其退休金体系与资本市场的高度融合。美国的退休计划，尤其是401(k)和个人退休账户（IRA），已将数千万普通民众的命运与标普500指数的波动紧密联系在一起。 根据投资公司协会（ICI）的最新数据，截至2025年12月31日，美国退休资产总额达到49.1万亿美元，较2024年底增长11.2%，占全美家庭金融资产的34% 。这种规模的资金存在，意味着美股的走势不再仅仅是富人的游戏，而是关系到美国社会契约能否存续的政治红利。 退休资产的庞大体量为市场提供了源源不断的长线资金。其中，IRA账户依然是最大的资金池，总额达到19.2万亿美元，而雇主主导的确定缴款（DC）计划则持有14.2万亿美元 。 这种资金结构的深层意义在于其“被迫做多”的属性。401(k)计划通常通过定期的工资扣除自动买入，这意味着无论市场估值处于何种高位，每月都有数以百亿计的现金流必须流入共同基金。 这种自动化的、非歧视性的买入机制，在市场下跌时起到了天然的缓冲作用。更重要的是，这些资金在法律上受到长达数十年的税收锁定期限制，极低的反转率使得市场在面临短期负面冲击时，不会出现散户式的恐慌性踩踏。 资本结构的稳定性：全球避险资金的虹吸效应 美股“不崩盘”的第二个维度在于其极其稳定的投资者结构。相比于散户主导的脆弱市场，美股已完成深度机构化。 长期持仓、低换手率的机构投资者占据主导地位，避免了因情绪波动引发的极端波动 。此外，美元作为全球结算和储备货币的霸权地位，赋予了美股独特的“避险属性”。 在2026年上半年地缘政治摩擦加剧的背景下，全球资本再次向美元资产集结。 根据美国财政部TIC数据，2026年2月，外国投资者对长期美国证券的净购买额达到1011亿美元，其中私人投资者贡献了1473亿美元的净流入 。这种在全球动荡期出现的“美元回流”现象，为美股提供了坚实的接盘力量。 尽管关于“去美元化”的讨论在2026年依然充斥媒体，...

ByteDance, the Chinese owner of TikTok, is pushing deeper into artificial intelligence with Anew Labs, a drug-discovery unit that has begun presenting its AI-designed therapies at international conferences. The unit – also known as Anew Therapeutics or ByteDance AI Drug Discovery – operates from Shanghai, Singapore and San Jose, California. Its official website listed 36 core members, as well as big names on its “scientific advisory board”: Liu Yongjun, former president of Innovent Biologics, Ji...

比亞迪股份(01211)前4個月新能源汽車累計銷量約102.16萬輛 Moomoo