当年万达转给富力的多家酒店，被以5.6折的价格法拍。 近期，坐拥武汉一线江景的武汉富力威斯汀酒店，因其产权人出现债务问题，被广东省广州市中级人民法院摆上了京东网络司法拍卖平台。 这处评估价达到6.7亿元的豪华酒店，最终只以3.76亿元成交，相当于打了5.6折。 最终接盘这家酒店的是宁波江东现代机电物资市场发展有限公司，根据天眼查，这家公司背后的大股东和实控人为宁波商人毕伟国。 据竞拍公告，武汉富力威斯汀酒店的原业主方，为武汉威斯汀酒店管理有限公司，其股权穿透后的股东为注册于香港的广州兆晞投资有限公司，法定代表人为李思廉，李思廉也是富力地产董事长。 实际上，这家酒店最早的名字为武汉万达威斯汀酒店，在2017年，地产生意如日中天的王健林突然遭遇资金危机，他的万达商业与李思廉的富力地产签下了一笔“世纪交易”——富力地产以199.06亿元收购万达商业77个酒店全部股权。这家武汉的威斯汀酒店正是当年被交易的酒店之一。 十年不到，这家酒店在房地产的沉浮周期中，从王健林、李思廉再到宁波商人毕伟国，已经两度易主。 在2017年接盘万达酒店资产后，富力曾经号称“全球最大豪华酒店业主”，手里最多的时候有近90家酒店。然而在2021年爆发债务危机后，富力就开始了甩卖酒店之路，有些是主动出售，有些则是被动法拍。比如去年9月，曾被王思聪痛骂过的长沙富力万达文华酒店，也在被广州中院挂牌后，经法拍成交了。 而富力这些豪华酒店的新晋大买家，就是宁波的毕伟国了。在不到半年里，他已经斥资9.09亿元拍下三座富力旗下酒店。 2025年12月，宁波江东现代商城发展有限公司拍下无锡富力喜来登酒店（原名“无锡万达喜来登酒店”），评估价为4.13亿元，竞拍成交价为2.3亿元；今年1月，宁波市江东现代家园市场服务有限公司又以3.04亿元拍下合肥富力威斯汀酒店（原为合肥万达威斯汀酒店），这座酒店评估价为5.42亿元，也相当于打了5.6折。 “宁波江东现代商城发展有限公司”和“宁波市江东现代家园市场服务有限公司”背后是同一个大股东与实控人，即毕伟国。上述三家酒店是以同样的折扣（5.6折）被他密集拍下。 天眼查显示，毕伟国同时也是宁波伟立投资集团有限公司的大股东和实控人，这家公司的业务覆盖家居市场、建材服务、酒店运营等。 根据宁波市鄞州区工商联的公开资料，毕伟国创办的宁波现代商城等“现代系”家居建材市场，在宁波几乎是无...

Marie-Thérèse Ross was arrested on 1 April and held in a Louisiana facility by immigration officials A French woman in her eighties who was arrested and placed in a US immigration detention centre has flown home. Immigration and Customs Enforcement agents detained Marie-Thérèse Ross in Alabama on 1 April after she overstayed her 90-day visa, according to the US Department of Homeland Security. The 86-year-old widow was being held at a federal immigration detention facility in Louisiana. Continue reading...

Check out the companies making the biggest moves premarket: Netflix — The streaming platform fell 10% as investors viewed the streaming giant's forecast as disappointing. For its second quarter, Netflix expects to earn 78 cents per share, missing the 84 cents per share forecast from analysts polled by LSEG. The stock was also weighed down by co-founder and Netflix chairman Reed Hastings announcing he plans to leave the board in June when his term expires. Alcoa — Shares fell 2% after the aluminum producer posted an earnings miss for its last quarter. Adjusted earnings came in at $1.40 per share, while analysts polled by LSEG were looking for $1.49 per share. The company's $3.19 billion revenue also missed estimates of $3.28 billion. Affirm — The buy-now-pay-later payment company jumped more than 3% after Morgan Stanley named the stock a top pick. Affirm has the potential for earnings upside, Morgan Stanley said, and easing private credit fears will help aid its share price, which has slumped 19% in 2026. Knight-Swift Transportation Holdings — Shares fell 1% after the company on Thursday revised its first-quarter guidance downward. While Knight-Swift management said winter weather weighed on demand, it added that rising fuel costs in March likely would put further pressure on the negative trend in supply for the trucking industry. Oracle — The stock added another 2% in premarket trading, on pace for a sixth positive session in a row. Oracle is up more than 30% on the week, which would be the stock's best week since 1999. Albemarle — Shares fell more than 2.5% after a downgrade from Baird to neutral from outperform. The downgrade comes on the heels of the chemical company surging 16% on Thursday. Software stocks — A slew of names were again higher on Friday, as software names end what was a big rebound week. Salesforce , Adobe and ServiceNow were up about 2%, while DataDog rose 1.5%. For the week, iShares Expanded Tech-Software Sector ETF is up more than 14%. Ally Fin...

Stocks making the biggest moves premarket: Netflix, Oracle, Affirm and more CNBC

AI's biggest players face their ultimate reality check; this earnings season will separate hype from real returns.

Key PointsApril 2026 earnings will test whether AI investment delivers real, measurable returns.

State Street press release ( STT ): Q1 Non-GAAP EPS of $2.84 beats by $0.20 . Revenue of $3.8B (+15.9% Y/Y) beats by $110M . Investment Servicing AUC/A as of quarter-end increased 17% to $54.5 trillion, mainly due to higher market levels, flows, and net new business Investment Management AUM as of quarter-end increased 20% to $5.6 trillion, mainly driven by higher market levels and net inflows More on State Street State Street: An Undervalued Opportunity, Betting On Continued Organic Growth And Market Recovery State Street Corporation (STT) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript State Street Corporation (STT) Presents at Bank of America Financial Services Conference 2026 Transcript State Street Q1 2026 Earnings Preview Quant snapshot: JinkoSolar, PNC Financial lead top-rated names as SL Green Realty, Badger Meter lag

The family office of Indian businessman Gagan Gupta has agreed to fund a second gold mine in Mali, providing a boost to a government that’s been at loggerheads with mining investors in recent years. Eagle Eye Asset Holdings Pte. Ltd. has struck a $120 million deal with Cora Gold Ltd. to support the development of the Sanankoro gold project in southern Mali. The Singapore-based firm is already backing the construction of a larger mine being built nearby by Toubani Resources Ltd . Eagle Eye is doubling down on the West African nation, even as its military-led government has spent much of the past three years locked in disputes with foreign companies that own the country’s largest gold mines. Those rows centered on claims of alleged back taxes and revised legislation that hiked royalties and the state’s share in joint ventures. Mali is Africa’s second-largest producer of the precious metal, according to the World Gold Council. Read More: Barrick to Pay Mali $430 Million to Settle Gold Mine Dispute While companies such as Resolute Mining Ltd. and B2Gold Corp. continued operating by reaching financial settlements with the authorities, the standoff with Barrick Mining Corp. – which runs the vast Loulo-Gounkoto mining complex – deteriorated to such an extent that the Canadian firm temporarily lost control of the asset last year. Gupta is the founder and chief executive of Arise Integrated and Industrial Platforms, an operator of industrial parks that’s active in more than a dozen African countries. A former Olam Group Ltd. executive, his businesses are ramping up investment in mining and minerals processing ventures across Africa, including Sierra Leone’s first commercial gold mine, a bauxite project in Cameroon, copper exploration in Zambia and an iron ore mine in the Republic of Congo. Read More: A2MP Secures $300 Million From Afreximbank for African Minerals Eagle Eye — which is owned by Gupta’s family office – will fund Sanankoro through a streaming deal entitling the ...

中国电影公告，2025年营业收入48.33亿元，同比增长5.65%。净利润1.17亿元，同比下降17.03%。拟以5974.4万元(含税)进行利润分配，占公司当期归属于上市公司股东净利润的51.26%。

Immuron reported third-quarter global sales of A$1.5 million, up 16% from the prior comparative period, while year-to-date sales through March 2026 rose 7% to A$5.7 million. In the US, Q3 sales came in at A$0.5 million, up 1% from the prior comparative period, while year-to-date sales through March 2026 rose 10% to A$1.3 million. More on Immuron Immuron Limited (IMRN) Presents at Emerging Growth Conference 89 - Slideshow Seeking Alpha’s Quant Rating on Immuron Historical earnings data for Immuron Financial information for Immuron

Douglas Rissing/iStock via Getty Images The Federal Reserve did not add much in the way of securities to its securities portfolio this past banking week. This was the twentieth week that the Federal Reserve has been in its first round of quantitative easing following an almost four-year round of quantitative tightening. The quantitative easing began with the first banking week of December. One can divide this period of quantitative easing into two segments, one that took place before the "war" with Iran began...and one after this "war" began. The first segment came between the last week of November and the banking week ending February 25, 2026. In the first segment of quantitative easing, the Federal Reserve added $87.2 billion of securities to its securities portfolio. This segment lasted thirteen weeks. In the second segment, the Federal Reserve added $71.6 billion to the securities portfolio. This segment has gone on for seven weeks now. In the first segment, securities were added to the portfolio at an average rate of $6.7 billion per week. In the second segment, securities were added to the portfolio at an average rate of $10.2 billion per week. One can argue that the Fed picked up the speed at which it was increasing the size of the portfolio in the second segment, but at this stage in the discussion, I'm not sure one could strongly argue that the difference between the two is that significant. Let's just say, at this time, that the surprise of the invasion of Iran did not significantly alter the amount of securities that the Federal Reserve was adding to its securities portfolio. For example, this past banking week, the one ending April 15, the securities portfolio grew, but only by $0.2 billion. The reserve balances that the Federal Reserve added to the holdings of the commercial banks increased by $82.2 billion over the twenty-week period. These reserve balances held by the commercial banking system can also be called "excess reserves." That is, the Federal...

格隆汇4月17日｜浪潮软件2025年营收11.55亿元，同比减少38.2%；2025年净利润为亏损2.67亿元，2025年度利润分配方案为不派发现金红利、不送红股、不进行资本公积金转增股本。

smrm1977/iStock via Getty Images The Hybrid Approach There are tons of different kinds of investors out there, but I believe we can all be lumped into only two categories. The most common kind of investor is the growth investor that wants to see the value of their portfolio rise over time; buy an index or stock and wait for it to appreciate so you can eventually sell that position at a gain. The alternative is being the income investor that wants to generate cash flows. Creating cash from your portfolio gives your investments a sense of tangibility since those dividends can be used in a multitude of ways. This is why I wanted to show investors that it is possible to collect $25,000 in dividends with a $500,000 portfolio. There are downsides to both approaches, but it ultimately comes down to your specific age bracket, life circumstances, investing objective, and risk tolerance, among a variety of other things. For instance, income investors can fall into yield traps that erode their capital over time or fail to participate in market rallies. Conversely, growth investors can sit on their positions for decades but lack the actual cash flow to fund their lifestyle. Even worse, there are investors that have retired during market crashes and need to sell positions during a downtrend. I've always been a fan of the hybrid approach because it provides us with the best of both worlds. While this approach may require a bit more planning and active management, I think it can lead to outperformance against the S&P 500 Index ( SPX ) when implemented correctly. A hybrid approach is for the investor that wants to see their portfolio value rise while also collecting a growing stream of income. In my case, I follow a hybrid approach even though I reinvest 99% of my dividends every year. The cash flow provides me with financial peace of mind because this supplemental income stream isn't connected to my time or efforts. Similarly, this hybrid approach makes investing more involved bec...

Tesla stock was advancing early Friday and is on course to snap an extended losing streak. Shares in the electric-vehicle maker were up 0.8% to $392.00 in premarket trading. Alongside broader equity markets, Tesla stock appears to have been lifted by news earlier in the week that the U.S. and Iran are looking to extend their two-week cease-fire beyond April 22.

格隆汇4月17日｜匈牙利当选总理、蒂萨党领导人彼得·毛焦尔援引匈牙利石油和天然气有限公司（MOL）负责人的话表示，经过数月的中断，通过“友谊”输油管道向匈牙利输送的俄罗斯石油可能于下周恢复。毛焦尔周五对记者表示，该负责人告诉他石油输送将恢复，同时他将于下周访问俄罗斯讨论石油供应问题。毛焦尔说：“仅仅重启输油管道是不够的，它还需要有石油输送。”这条通过乌克兰向中欧输送俄罗斯石油的管道自1月份被俄罗斯无人机袭击损坏以来一直无法运行。

Ally Financial press release ( ALLY ): Q1 Non-GAAP EPS of $1.11 beats by $0.17 . Revenue of $2.18B (+5.3% Y/Y) beats by $40M . Net financing revenue was $1.6 billion, up $111 million year over year. Net interest margin (“NIM”) of 3.48% and net interest marginexcluding core OIDA of 3.52% were up 17 bps year over year. More on Ally Financial Ally Financial Q1 Earnings Preview: Annual Guidance Will Come Under Scrutiny Ally Financial's Upside May Be Overstated Ally Financial Inc. (ALLY) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript Ally Financial Q1 2026 Earnings Preview Top Quant rated undervalued large-cap stocks with high-growth grades

AMD Stock Surges 8% As Bernstein Raises Price Target On Server Chip Strength TIKR.com

AvigatorPhotographer/iStock via Getty Images Note: I have covered Borr Drilling Limited, or "Borr Drilling" ( BORR ), previously, so investors should view this as an update to my earlier articles on the company. Please note also that Borr Drilling is part of our coverage universe at Value Investor's Edge . Since my last public update on leading shallow water driller Borr Drilling, shares have rallied by more than 200% at their peak: Barchart.com At that time, the jackup market was pressured by Saudi Aramco's decision to suspend the contracts of no less than 36 jackup rigs since the beginning of 2024. Adding insult to injury, notoriously cash-strapped Mexican NOC PEMEX also suspended a number of rigs. Given the resulting combination of higher idle time and lower day rates, the company decided to bolster liquidity and negotiate covenant relief with revolving credit facility lenders. In September, former Chief Commercial Officer Bruno Morand was appointed CEO. In recent quarters, the jackup market has been showing signs of life, with tendering activity increasing to new multi-year highs: Company Presentation As a result, Borr Drilling decided to pursue growth opportunities. In January, the company completed the acquisition of five premium jackup rigs from competitor Noble Corporation ( NE ) for a total purchase price of $360 million. The transaction was financed by a combination of new debt, an equity raise, and a $150 million seller's credit. Unfortunately, most of the above-discussed tendering activity is tied to the Middle East, which has experienced substantial disruptions from the recent escalation of the Iran conflict. In early March, Borr Drilling announced the temporary suspension of operations in the region. Borr Drilling (...) today provided an operational update following recent hostilities in the Arabian Gulf, where the Company has four jack-up rigs deployed: one in Saudi Arabia; one in the UAE; and two in Qatar. In accordance with the customers' general pr...

伊朗冲突大幅推高了对阿根廷小麦丰收至关重要的尿素化肥价格，在下月小麦播种季开始前数周，这让农民陷入两难境地。 这场2月底爆发的冲突导致尿素价格近乎翻倍，迫使当地许多种植户权衡是减少化肥施用量，还是放弃种植计划。 布宜诺斯艾利斯省佩尔加米诺镇的农业生产商罗曼・古铁雷斯表示：“前几天我们算了笔账，最终想法归结为两个选择：要么不种小麦，改种对我养殖有用的作物，比如大麦或燕麦；要么就种，但只用极少的化肥，不追求高产。” 化肥市场分析师古斯塔沃・丘林表示，尿素当前价格为每吨1000美元，而一个多月前仅约500美元。他将价格暴涨归因于海湾国家全球尿素供应因战争收缩，以及冲突对经霍尔木兹海峡贸易的冲击。 阿根廷主要谷物交易市场罗萨里奥谷物交易所的数据显示，上一季阿根廷小麦收获量创下2950万吨的纪录。该机构尚未公布对即将到来的小麦收获季的预估。 尿素在作物产量中的关键作用 阿根廷每年约消耗250万吨尿素。除小麦外，它还用于玉米种植，助力植株生长。 罗萨里奥谷物交易所农业预估部门负责人克里斯蒂安・鲁索称，尿素是“让你有望实现更高产量水平的关键”。 但在圣菲省肥沃平原上的小镇韦纳多特埃尔托，农户已被迫缩减用肥。当地农户诺埃莉亚・卡斯塔尼亚尼表示，农户们不再采购尿素，可能会在晚些时候种植季来临时，将重心从小麦转向扩大玉米或大豆种植面积。 “咨询化肥的人没那么多，”卡斯塔尼亚尼说，“利润空间非常有限。” 丘林表示，中东地区停火虽无法让尿素价格立即回落至冲突前水平，但会带来一定缓解。 责任编辑：李肇孚

格隆汇4月17日｜近日，海通恒信(1905.HK)发布了最新的2025年ESG报告。公司持续落实以“恒：可持续业务”“和：稳健化运营”“信：负责任公民”为核心的可持续发展规划，促进ESG管理由规划引领向系统落实与成效深化稳步推进。 具体来看，在经济绩效层面，公司2025年资产总额1,077.56亿元，纳税总额10.08亿元，基本每股收益0.16元/股，每股社会贡献值0.66元/股。 在环境层面，公司2025年单位面积温室气体排放量为0.06吨二氧化碳当量/平方米，达成“不低于0.07”的环境绩效目标。单位面积耗水量0.36吨/平方米，较基准年(2021年)下降41%，显著跑赢“降低11%”的环境绩效目标。单位面积天然气消耗量为1.07立方米/平方米，较上一年下降19.5%，恒信餐厅炉灶已加装节能装置，2025年全年节能效果显著。 在社会层面，公司2025年投诉问题解决比例100%，客户满意度高达99.6%。休完产假回到工作岗位的女员工比例100%，员工培训覆盖率、境内供应商《廉洁诚信承诺书》签订率均达100%。公司慈善捐款及其他捐款总额超102万元，志愿者服务总时长330小时，参与反贪污培训董事人数12人。 综合来看，海通恒信在ESG方面屡获佳绩，全面彰显可持续领导力。2025年荣获第十届价值共创(ESG)年度趋势论坛“ESG治理与战略示范奖”、第三届上海绿色低碳技术创新大赛“绿色效益杰出行动机构奖”等多项ESG奖项，被复评为“上海市文明单位”，业务案例入选了《上海市国有控股上市公司ESG蓝皮书(2025)》优秀案例。Wind ESG给予海通恒信“A级”ESG评级，处于金融服务行业的领先水平。 此外，海通恒信已被纳入控股股东国泰海通作为联合国负责任投资原则(UN PRI)签署方的管理体系覆盖范围，并将责任投资理念全面融入经营管理实践，推动高质量发展的同时，在可持续高质量发展道路上行稳致远。

鸿路钢构公告，2025年营业收入220.68亿元，同比增长2.57%。净利润6.31亿元，同比下降18.27%。公司董事会审议通过的利润分配预案为：以截至2025年12月31日公司总股本6.9亿股，扣除公司回购账户265万股后，即以6.87亿股为基数，向全体股东每10股派发现金红利2.8元（含税），送红股0股（含税），不以公积金转增股本。

JHVEPhoto/iStock Editorial via Getty Images Fifth Third Bancorp ( FITB ) was trading lower as loan loss provisions came in higher than estimated, denting first-quarter financial results. The bank's Q1 GAAP EPS of $0.15 fell short of the S&P Cap IQ consensus estimate of $0.22, while revenue of $2.83B trailed the consensus by $9M. The reported results include a net negative $0.68 impact from certain items, FITB said in a statement. Provision for credit losses rose 30% on a yearly basis to $227M from $174M, against the average analyst estimate of a decrease to $150.36M. Shares were 2.38% lower to $48.34 during Friday pre-market trading. Net interest income of $1.93B was roughly in line with the average analyst estimate. Noninterest income of $895M trailed the consensus of $926.21M. Average portfolio loans and leases of $157.63B were below the consensus average loans estimate of $158.60B. Average deposits of $209.35B fell short of the average estimate of $210.17B. Meanwhile, net interest margin of 3.30% was above the consensus of 3.24%. Fifth Third will host a conference call to discuss the financial results at 9:00 AM ET today. More on Fifth Third Bancorp Fifth Third Bancorp: An Income Play With Covered Calls Fifth Third Bancorp: Digesting The Comerica Acquisition RBC Capital Markets Financial Institutions Conference Fifth Third Bancorp Q1 2026 Earnings Preview FITB has doubled in size with 20% fewer headcount because of AI, CEO reportedly says

张裕Ａ公告，2025年营业收入29.89亿元，同比下降8.81%。净利润7129.13万元，同比下降76.64%。拟向全体股东每10股派发现金红利2.5元（含税）。

美腾科技公告，2025年营业收入5.12亿元，同比减少6.35%。归属于上市公司股东的净利润-594.55万元，较2024年减少4662.08万元，同比下降114.62%。公司第三届董事会第四次会议审议通过《关于2025年度利润分配预案的议案》，公司2025年度拟不进行利润分配，不派发现金红利，不送红股，不以资本公积转增股本，剩余未分配利润滚存至下一年度。

初灵信息公告，公司董事会通过回购股份集中竞价减持计划，将于2026年5月14日至2026年11月13日通过集中竞价方式减持已回购的159.1万股，占公司总股本0.7443%，占公司扣除回购专用账户股份后总股本0.7522%，任意连续九十个自然日内减持股份总数不得超过公司股份总数1%，减持价格按减持时二级市场价格确定，所得资金用于补充公司流动资金，本次减持不影响公司控制权及总股本。

Jun Zhang/iStock Unreleased via Getty Images I've reviewed quite a few consumer discretionary and staple brands. The company I'm going to look at is mostly a staples company, but not a food, grocer, or laundry/detergent company, which is something more typical of me to focus on. The interesting thing about Kenvue ( KVUE ) is that the company used to be the consumer health division of Johnson & Johnson, similar to how Bayer ( BAYZF ) has a consumer health division as well. The company was spun off, however, and now focuses on the products that make up some of the most well-known brands for what used to be JNJ, such as Listerine, Tylenol, Band-Aid, and Aveeno. Recent news includes Kenvue being part of a proposed mega-merger with the hygiene giant Kimberly-Clark ( KMB ). So I viewed JNJ's decision to spin off Kenvue as a bad idea. I was not alone in this, certainly, and the reasons why this was a bad idea were several. But I focus mainly on one—and that's related to Bayer, by the way. These sorts of consumer health divisions act like a buffer to the more volatile R&D-focused medical companies they are part of. In being this part, this component, they tend to shine. The mistake many of the companies seem to make is that this "shine" the companies have, or their operating performance, means that they would do well as a stand-alone business. This is, unfortunately, and as we'll see with Kenvue as well, not necessarily the case. More often than not, the separation that's made shines a light on the extreme growth difficulties these companies with their mature products face—by which I mean they grow less than 8-9%, and often closer to 5%. This leads to difficulties in valuing the company relative to when it's part of a high-growth entity. This is why, I believe, the company has in fact underperformed the market significantly. Since its IPO, Kenvue has dropped several times, while JNJ has mostly remained stable (which is impressive in its own right, but this is on Kenvue, not...

In a podcast posted Wednesday, Nvidia Corp CEO Jensen Huang cautioned that treating China solely as an adversary in the AI race could undermine global collaboration and ultimately hurt U.S. interests. China Already Has The AI Resources, Huang Says Speaking in a conversation with Dwarkesh Patel, Huang pushed back on the idea that restricting AI chip exports would significantly slow China's progress. He noted that China already has substantial capabilities, including a strong semiconductor base an

John Arnold , the billionaire energy trader-turned-philanthropist, made his fortune by predicting the direction of markets. Now, he’s sounding the alarm on fast-growing prediction markets, saying they’re harmful to young men and boys. His concern lies in how platforms for sports-event contracts and online betting more broadly are designed to keep users constantly engaged. Unlike traditional forms of gambling, wagers can be placed seamlessly — quickly and easily through mobile apps with direct links to bank accounts, he said. That raises the risk of addiction, particularly among young males, who are increasingly targeted by sports-betting platforms, he added. “The sites have, deliberately or not, created a pathway for teenagers to get accounts and start gambling heavily,” Arnold, based in Houston, said in a telephone interview. “It’s leading to a lot more irresponsible play.” Rather than an outright ban, Arnold is calling for guardrails and referred to early research showing that sports betting can lead users to sink into debt and face mental health challenges. His foundation is giving at least $4 million this year to address the impacts of sports gambling. Prediction markets tied to real-world events such as wars and elections are booming. Kalshi Inc. dominates US exchanges, with sports bets making up about 80% of trading volume last month, according to Bank of America Corp. The lender estimates the market for US sports-related contracts may reach roughly $1.1 trillion annually. Read More: Kalshi, Polymarket Rewrite Super Bowl Playbook for Pro Gamblers The rapid growth is intensifying debate within the finance industry over the line between investing and gambling. Charles Schwab Corp. Chief Executive Officer Rick Wurster this week said the brokerage is considering prediction markets tied to financial events , but would steer clear of sports gambling, which he has described as being at odds with the company’s mission and can harm users over time. Cboe Global Markets ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here's the latest in trending: Earnings latest: Netflix ( NFLX ) tumbles 10% following disappointing forecasts, while co-founder Reed Hastings steps down from the board after 29 years. Desalination deals: As water levels in the Colorado River continue to decline, Arizona and Nevada are exploring an unusual solution . Defense developments: Reports suggest Russia is planning anti-satellite nukes in space and the U.S. may delay weapons deliveries to Europe . Turbulence Now look at them yo-yos... Hard times are coming for the aviation industry, and it's not only because of the TSA shutdown . Airlines have hiked ticket fares and baggage fees in response to the Iran war and soaring prices for jet fuel, which makes up around 30% of airlines' overall expenses, according to the International Air Transport Association. Elsewhere, IEA Director Fatih Birol warned that Europe has "maybe six weeks" left of remaining jet fuel supplies, given the energy crisis stemming from the closure of the Strait of Hormuz. That ain't workin' : "In the past, there was a group called 'Dire Straits.' It's a dire strait now, and it is going to have major implications for the global economy," Birol continued. "The longer it goes, the worse it will be for the economic growth and inflation around the world." Congressman calls on airline CEOs to lower prices when fuel costs drop The situation is already having profound effects across the sector. Budget carrier Spirit Airlines ( FLYYQ ), which operates on the thinnest of margins, might soon be liquidated following its second bankruptcy in two years. Capacity is also starting to be scaled back, with United Airl...

中国力推投资止跌回稳，基建投资逆势扩张。 中央要求今年推动投资止跌回稳，今年一季度全国固定资产投资实现了小幅增长，而其中政府主导的基础设施投资（下称“基建投资”）增速表现亮眼。 国家统计局最新数据显示，今年1-3月份，全国固定资产投资（不含农户）约10.27万亿元，同比增长1.7%。其中，基础设施投资同比增长8.9%。 粤开证券首席经济学家罗志恒告诉第一财经，今年一季度基建投资同比增长8.9%，比2025年全年加快8.3个百分点，拉动全部投资增长2.7个百分点。在整体固定资产投资同比仅增长1.7%、房地产投资同比下降11.2%的背景下，基建投资扮演了“稳投资”主力军的角色，对冲了房地产投资持续下滑的拖累，是一季度固定资产投资能够实现由负转正（2025年全年为-3.8%）的关键支撑力量。 拆解基建投资较高增长 基建投资一般是指为社会生产和生活提供基础性、大众性服务的工程和设施，是社会赖以生存和发展的基本条件，它是固定资产投资的重要组成部分。最近几年官方并未披露基建投资具体规模。中国银河证券研报认为近年来基建投资占比有上升趋势，预计截至2023年底广义基建占固定资产投资比重约45.3%。 去年受多重因素影响，全国固定资产投资增速罕见下滑（-3.8%），其中（狭义）基建投资也有所下滑（2.2%）。投资是拉动经济增长的“三驾马车”之一，去年底中央经济工作会议要求“推动投资止跌回稳”。 上图来自中诚信国际研究院研报（下同） 东方金诚首席宏观分析师王青告诉第一财经，作为政府把控能力最强的基建投资已在年初显著发力，今年一季度基建投资增速上行幅度大，超出市场普遍预期。 为何今年一季度基建投资实现大幅增长？这需要从项目、资金等细分角度来看。 罗志恒分析，今年是“十五五”开局之年，各方面抢抓机遇，推动重大工程开工建设。五年规划的第一年通常是重大项目集中启动的时间窗口，地方政府有较强动力在开局之年形成实物工作量，以奠定五年发展基础。 国家统计局副局长毛盛勇在国新办发布会上告诉第一财经，一季度全国固定资产投资的特点之一是重点领域投资较快增长。比如大项目开工建设加快，一季度，计划总投资亿元及以上项目投资同比增长4.5%。 一季度基建项目储备充足的同时，资金也相继到位。 罗志恒表示，今年一季度财政资金靠前投放发力。比如今年提前批、第一批“两重”建设项目清单和中央预算内投资计划已在一季度下达，超...