格隆汇2月2日｜洲际交易所（ICE）伦敦可可期货下跌近5%。

格隆汇2月2日｜据“武汉发布”消息，即日起至3月3日，在武汉市举报涉烟花爆竹违法犯罪行为者，可获50至100元交通卡。武汉市委金融委员会办公室有关负责人表示，对市民群众此类行为给予奖励，有助于提升绿色低碳意识，践行绿色低碳生活。

Andrzej Rostek/iStock via Getty Images Investment Thesis Xtrackers MSCI EAFE High Dividend Yield Equity ETF ( HDEF ) warrants a hold rating due to the mixed outlook for the fund. While many of HDEF’s top holdings drive the fund to offer income through dividends, these same holdings also demonstrate limited future growth potential. Therefore, while HDEF may be worth holding for income-seeking investors, HDEF will likely offer limited capital appreciation looking forward. HDEF Overview and Compared ETFs HDEF is a passive ETF that seeks companies with above-average dividend yields outside the United States and Canada. With its inception in 2015, the fund has 127 holdings and $2.3B in AUM. HDEF’s largest concentrations by sector are in financials (26.7% weight), consumer staples (18.8%), and healthcare (14.8%). Geographically, HDEF has its greatest weight in European countries, with heavy concentrations in Switzerland (22.2%), Great Britain (14.5%), and France (12.4%). For comparison purposes, other funds examined are Vanguard International High Dividend ETF ( VYMI ), Schwab International Dividend Equity ETF ( SCHY ), and iShares International Select Dividend ETF ( IDV ). VYMI seeks the same objective as HDEF to capture international stocks with above-average yields. However, the Vanguard fund meets this objective through maximum diversification and capturing a wide range of over 1,000 holdings . SCHY captures quality non-U.S. dividend stocks by using a screener for 10-year dividend history, financial strength, and low volatility. Finally, IDV aims to capture well-established, high quality non-U.S. companies that offer relatively high dividend yields. Funds Compared: Performance, Fees, and Dividend Yield International dividend funds have seen above-average returns over the past few years. However, all have fallen short of the S&P 500 Index, which has seen an average annualized 3-year return of about 21%. HDEF’s average annualized 3-year return of 17.53% is relatively av...

共44只个股出现了机构的身影。 盘后数据显示，2月2日龙虎榜中，共44只个股出现了机构的身影，有24只股票呈现机构净买入，20只股票呈现机构净卖出。 当天机构净买入前三的股票分别是长飞光纤、通源石油、通光线缆，净买入金额分别是3.15亿元、2.16亿元、1.15亿元。 当天机构净卖出前三的股票分别是盛屯矿业、开普云、锡业股份，净流出金额分别是3.91亿元、2.44亿元、2.42亿元。

In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images Precious metals and oil prices extended losses on Monday, with analysts and strategists flagging U.S. President Donald Trump 's choice of Kevin Warsh as successor to Federal Reserve Chair Jerome Powell as a key trigger to the latest downturn. Spot gold prices traded 3.2% lower at $4,713.39 per ounce during early European trading hours, deepening losses from a historic rout on Friday, when it fell more than 9% to notch its sharpest one-day drop since 1983. Spot silver prices fell 2.7% at $82.29 per ounce at around 9:54 a.m. London time (4:54 a.m. ET). The white metal fell over 31% on Friday, registering its worst daily performance since 1980. The worsening metals rout coincides with a broader market downturn, with the pan-European Stoxx 600 index tracking losses from Asia-Pacific markets. U.S. stock futures were also seen starting the trading week in negative territory. 5-10% split "Our thesis all along has been pretty simple," Grace Peters, global investment strategist at JPMorgan Private Bank, told CNBC's "Squawk Box Europe" on Monday. "When we're looking at the portfolio, we want to have geopolitical hedges, safe-haven assets, Treasurys, dollar, gold — are not all performing in the same way and we do think gold is the best geopolitical hedge," Peters said. Factors such as central bank buying and support from institutional investors are likely to push gold prices higher through 2026, Peters said, noting that her team has maintained its forecast of $6,500 per ounce by year-end. watch now VIDEO 7:43 07:43 Gold’s worst day in decades and why JPM Private Bank still likes it Squawk Box Europe When asked about the investor rationale for owning gold, Peters said that while developed markets are loaded up on the yellow metal, emerging markets' central...

格隆汇2月2日｜来自综合运输春运工作专班数据显示，2026年2月2日（春运第1天，农历腊月十五），预计全社会跨区域人员流动量18791万人次，比2025年同期（春运第1天）增长13%。

《科创板日报》2月2日讯（记者 黄心怡） 2026年上海两会即将召开，上海合合信息科技股份有限公司董秘刘忱围绕“AI恶意应用治理”、“促进数据跨境流通”，提交了两份建议。 随着生成式人工智能（AIGC）技术快速普及，电商领域滋生新型“黑灰产”——不法分子利用AI工具批量生成逼真的“商品破损”“货物瑕疵”图片，通过电商平台“仅退款” 规则漏洞实施恶意索赔。此类行为具有零成本、批量化、难辨别的特征，已成为侵害中小商家权益的突出问题。 刘忱对《科创板日报》表示，AI恶意应用行为除了导致商家蒙受直接经济损失外，因维权流程复杂、举证难度大导致维权成本较高。他建议， 强化监管效能，构建协同治理机制。比如设立商家维权绿色通道，简化AI造假索赔案件举证流程，建立“快速立案、优先调处”机制，降低商家维权成本。 同时， 还可推动平台部署AI造假识别技术，建立跨平台协同治理机制，推广数字水印等技术应用，来引导商家对商品打包、发货全过程录像存证，为维权提供可靠证据支撑。 随着《数据安全法》《个人信息保护法》等法律法规的施行，以及《促进和规范数据跨境流动规定》对数据出境的规定进一步细化，我国数据跨境流通逐步向规范化、制度化方向发展。尤其是在上海临港等自贸区，通过“负面清单”管理模式，在坚守安全底线的同时，显著降低了企业合规成本，实现了数据跨境流动的“高效便利”与“安全可控”的统一。 但当前，上海市非自贸区企业仍然面临跨境数据审批流程复杂、备案成本高、合规审查效率低等问题，制约企业全球化布局。为此， 刘忱建议，通过扩大自贸区数据出境优惠政策适用区域范围，将“负面清单”等更高效的数据跨境管理模式扩展到上海市全域，助力企业高效合规开展跨境数据服务 。 刘忱提出，对在上海市全市域范围内注册企业的数据跨境传输管理适用负面清单机制，清单明确列示需要安全评估或备案的数据类型，为数据流动划定清晰的“安全禁区”，清单之外的数据流动则更为便利，实现“放得开”与“管得住”的统一。

Evergrande Property Services had a market capitalization of about HK$12.54 billion on Monday, down roughly 94% from its peak of HK$206.5 billion. Photo: VCG Private equity firm PAG and state-owned Guangdong Provincial Tourism Holdings Co. Ltd. have contacted the liquidators of China Evergrande Group over a potential acquisition of its property services unit, Caixin has learned. The sale of the controlling stake in Evergrande Property Services Group Ltd. represents a critical milestone in the liquidation of the heavily indebted developer as administrators seek to recover value for offshore creditors with claims totaling $45 billion as of July 2025.

格隆汇2月2日｜现货黄金、白银跌幅进一步收窄。现货黄金跌幅从最多10%收窄至2.75%，报4726.78美元/盎司；现货白银跌幅从最多16%收窄至2.80%，报82.07美元/盎司。

When things seem too good to be true on Wall Street, this often turns out to be the case. No trend has captured the attention and capital of investors over the last three years quite like the rise of artificial intelligence (AI). Empowering software and systems with the tools to make split-second decisions and become more efficient over time, without human intervention/oversight, is a technological breakthrough that can benefit most global industries. Although graphics processing unit (GPU) company Nvidia is commonly viewed as the face of the AI revolution, a strong argument can be made that data-mining specialist Palantir Technologies (PLTR 3.47%) is the top dog in the AI arena. Since the beginning of 2023, shares of Palantir have rallied nearly 2,300%, with the company adding north of $350 billion in market value. Investors have latched onto its sustainable moat and eye-popping sales growth. But despite Palantir's ideal positioning, its shares are down 27% from their all-time high set on Nov. 3, 2025. While some investors may view this sizable correction as a buying opportunity, I believe it's the start of a considerably steeper move lower. Palantir's sustainable moat has intrigued investors Before digging into the company's potential headwinds, it's imperative to lay the groundwork for how it rallied almost 3,000% at one point in less than three years. At the center of investors' optimism is Palantir's sustainable competitive edge. Neither of its two core operating platforms, Gotham and Foundry, has large-scale competitors, meaning the operating cash flow Palantir is generating tends to be predictable looking years into the future. The most valuable of the two artificial intelligence- and machine-learning-driven software-as-a-service (SaaS) platforms at the moment is Gotham. This segment aids the U.S. government and its immediate allies in military mission planning/execution and can be used to gather and analyze data. Gotham is the more mature of the two operatin...

Written by Emily J. Thompson , Senior Investment Analyst Source: Fool TSM $ 330.56 + Infinity % 1D 1D 5D 1M 3M 6M YTD 1Y 5Y 1D Line Candle Analyst Views on TSM Wall Street analysts forecast TSM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSM is 313.46 USD with a low forecast of 63.24 USD and a high forecast of 390.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals. 8 Analyst Rating Wall Street analysts forecast TSM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSM is 313.46 USD with a low forecast of 63.24 USD and a high forecast of 390.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals. 7 Buy 1 Hold 0 Sell Strong Buy Current: 339.550 Low 63.24 Averages 313.46 High 390.00 Current: 339.550 Low 63.24 Averages 313.46 High 390.00 Barclays NULL -> Overweight maintain $380 -> $450 2026-01-16 Reason Barclays Price Target $380 -> $450 AI Analysis 2026-01-16 maintain NULL -> Overweight Reason Barclays raised the firm's price target on TSMC to $450 from $380 and keeps an Overweight rating on the shares. The company's Q4 results were "strong across the board," the analyst tells investors in a research note. TD Cowen Hold maintain $325 -> $370 2026-01-16 Reason TD Cowen Price Target $325 -> $370 2026-01-16 maintain Hold Reason TD Cowen raised the firm's price target on TSMC to $370 from $325 and keeps a Hold rating on the shares. The firm updated its model following its better than expected quarterly results driven by manufacturing excellence. Its 2026 growth outlook is +30% year-over-year. Unlock Full Analyst Thesis， Get ...

Prediction: AI Titan Palantir Technologies Is 27% Below Its All-Time High -- and This Decline Is Just Getting Started fool.com

Retail sentiment on major ETFs such as SPY and QQQ remains mixed heading into a critical week for earnings Renewed selloff in precious metals weighed on broader risk sentiment. Investors are also bracing for a packed earnings calendar and key manufacturing data due later today. U.S. stock futures were firmly in the red early Monday, sparked by a heavy sell-off in the commodities market, which saw gold and silver erase $10 trillion in market cap over three days. Investors also braced for a heavy week of earnings and critical manufacturing data later today. As of 3:30 a.m. ET on Monday, Nasdaq futures were down 1%, the S&P 500 futures fell 0.7%, the Dow futures declined 0.4%, while Russell 2000 futures were down nearly 1%. Meanwhile, retail sentiment toward the SPDR S&P 500 ETF (SPY), an exchange-traded fund that tracks the S&P 500 Index, moved to ‘bearish’ from ‘extremely bearish’ last week, while the Invesco QQQ Trust (QQQ) ETF, which tracks the Nasdaq 100 Index, moderated to ‘neutral’ from ‘bearish’ on Friday, amid high message volumes. Precious metals have extended their selloff, with gold slipping below $4,500/oz, and silver under $72/oz. The iShares Silver Trust (SLV) was the top trending ticker on Stocktwits at the time of writing. SPDR Gold Shares ETF (GLD) also saw retail sentiment remaining in the ‘extremely bullish’ territory, with ‘extremely high’ levels of chatter. Trending Stocks To Watch Oracle (ORCL): Announced an aggressive $45 to $50 billion funding plan for 2026 to fund its cloud business. In other news, an analyst has warned that Oracle could be looking to trim its workforce by about 18% and sell its health tech unit, Cerner. Nvidia (NVDA): CEO Jensen Huang dismissed reports that its $100 billion OpenAI investment has stalled. He reiterated that the company will make its largest investment ever in the AI startup. Micron Technology (MU): Phillip Securities initiated coverage with a Buy rating, citing strong demand for high-bandwidth memory (HBM) pro...

格隆汇2月2日｜印尼金融监管机构：印尼经济前景良好，呼吁投资者不要恐慌。

文章提及标的 极米科技 -- 极米科技（688696）公告，拟以5000万元-1亿元回购公司股份，回购价格不超过159.51元/股。

Source: Bloomberg, 5:03

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Amazon.com (AMZN) continues to attract attention as investors weigh its recent share performance, broader business mix, and current valuation signals, including its value score and the gap between its market price and some intrinsic estimates. See our latest analysis for Amazon.com. At a latest share price of $239.30, Amazon.com has seen a 5.65% 1 month share price return and a 134.19% 3 year total shareholder return, which suggests longer term momentum has been stronger than recent quarterly moves. If Amazon.com has you thinking about what else is shaping tech, it could be a good moment to look at high growth tech and AI stocks as potential next ideas. With Amazon.com trading at $239.30, a 42% discount to one intrinsic estimate and a 24% gap to one analyst target, the real question is whether you are seeing a genuine value window or a market already pricing in future growth. Most Popular Narrative: 46.8% Undervalued At a last close of $239.30 versus a narrative fair value of $450, the gap reflects a very different view of Amazon.com’s earnings power than the current share price implies. Amazon (AMZN) enters 2026 materially misunderstood by the market. My valuation of $450 per share implies the stock is approximately 48% undervalued, not because Amazon is executing poorly, but because the market is mispricing intentional margin compression driven by some of the most strategically sound investments in the company’s history. This is a deliberately bullish view. Amazon is sacrificing short-term margins to secure long-duration dominance in AI infrastructure, advertising, and automated commerce. Read the complete narrative. Curious what earnings profile supports that $450 figure? The narrative leans heavily on faster profit growth, firmer margins, and a richer future multiple. The specific mix of AI driven cash flows and long term ...

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Amazon.com (AMZN) continues to attract attention as investors weigh its recent share performance, broader business mix, and current valuation signals, including its value score and the gap between its market price and some intrinsic estimates. See our latest analysis for Amazon.com. At a latest share price of $239.30, Amazon.com has seen a 5.65% 1 month share price return and a 134.19% 3 year total shareholder return, which suggests longer term momentum has been stronger than recent quarterly moves. If Amazon.com has you thinking about what else is shaping tech, it could be a good moment to look at high growth tech and AI stocks as potential next ideas. With Amazon.com trading at $239.30, a 42% discount to one intrinsic estimate and a 24% gap to one analyst target, the real question is whether you are seeing a genuine value window or a market already pricing in future growth. Most Popular Narrative: 46.8% Undervalued At a last close of $239.30 versus a narrative fair value of $450, the gap reflects a very different view of Amazon.com’s earnings power than the current share price implies. Amazon (AMZN) enters 2026 materially misunderstood by the market. My valuation of $450 per share implies the stock is approximately 48% undervalued, not because Amazon is executing poorly, but because the market is mispricing intentional margin compression driven by some of the most strategically sound investments in the company’s history. This is a deliberately bullish view. Amazon is sacrificing short-term margins to secure long-duration dominance in AI infrastructure, advertising, and automated commerce. Read the complete narrative. Curious what earnings profile supports that $450 figure? The narrative leans heavily on faster profit growth, firmer margins, and a richer future multiple. The specific mix of AI driven cash flows and long term ...

文章提及标的 伦敦金 -- 伦敦银 -- 现货黄金、白银跌幅进一步收窄。现货黄金跌幅从最多10%收窄至2.75%，报4726.78美元/盎司；现货白银跌幅从最多16%收窄至2.80%，报82.07美元/盎司。

Key Points Focused Wealth Management sold 300,114 shares of VBIL in the fourth quarter; the estimated trade value was $22.66 million based on quarterly average prices. Meanwhile, the quarter-end VBIL position value decreased by $22.69 million, reflecting both trading and price movement. The firm's post-trade VBIL stake was 8,506 shares valued at $641,642. These 10 stocks could mint the next wave of millionaires › On January 29, Focused Wealth Management reported selling 300,114 shares of the Vanguard 0-3 Month Treasury Bill ETF (NASDAQ:VBIL), an estimated $22.66 million transaction based on quarterly average pricing. What happened According to an SEC filing dated January 29, Focused Wealth Management reduced its holdings in Vanguard 0-3 Month Treasury Bill ETF (NASDAQ:VBIL) by 300,114 shares during the fourth quarter. The estimated value of shares sold was $22.66 million based on the fund’s quarterly average price. The fund ended the quarter with 8,506 shares of VBIL worth $641,642. The stake’s value shifted by $22.69 million, combining trading and price changes. What else to know VBIL represents just 0.07% of Focused Wealth Management’s 13F reportable assets, down from 2.48% in the prior quarter. Top holdings after the filing: NYSEMKT: SPYG: $155,867,422 (16.6% of AUM) NYSEMKT: VTV: $130,043,252 (13.8% of AUM) NASDAQ: QQQ: $110,613,720 (11.7% of AUM) NASDAQ: VCIT: $45,823,633 (4.9% of AUM) NYSEMKT: VYM: $30,474,106 (3.2% of AUM) As of January 28, VBIL shares were priced at $75.62, up 0.75% over the past year. The fund has a 30-day SEC yield of 3.6%. ETF overview Metric Value Price (as of January 28) $75.62 Fund assets $4.64 billion 30-day SEC yield 3.56% One-year price change 0.75% ETF snapshot VBIL offers exposure to short-term U.S. Treasury bills with maturities of three months or less, tracking an index of investment-grade securities. The fund operates on a passive investment model, seeking to replicate the performance of its benchmark index through a sampling s...

Markets were tumbling in premarket trading as fears around the artificial-intelligence trade persisted ahead of a week of Big Tech earnings. The continuing selloff in gold, silver, and cryptocurrencies also appeared to bleed into stock futures in a downward trend that has followed President Donald Trump’s nomination of Kevin Warsh to replace Jerome Powell as chair of the Federal Reserve.

TLDR Cathie Wood’s ARK Fintech Innovation ETF bought 8,088 Amazon shares worth $1.93 million on January 30, just days before Q4 earnings on February 5 Amazon is expected to report Q4 earnings of $1.97 per share on revenue of $211.43 billion, representing 13% year-over-year growth AWS cloud services are growing at the fastest pace since 2022, driven by increased AI spending and infrastructure demand Wedbush analyst maintains $340 price target for Amazon, implying 42% upside potential based on strong cloud backlog and capacity expansion Amazon recently completed 30,000 corporate job cuts to reduce bureaucracy and improve operational efficiency 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks.com , the data-driven platform ranking every stock by quality and breakout potential. Cathie Wood made a pre-earnings bet on Amazon. Her ARK Fintech Innovation ETF purchased 8,088 shares on January 30, valued at $1.93 million. Amazon.com, Inc., AMZN The timing catches attention. Amazon reports fourth-quarter results on February 5 after the market closes. Wall Street expects earnings of $1.97 per share for Q4, up from $1.86 a year earlier. Revenue projections point to $211.43 billion, marking 13% growth year-over-year. Wood’s funds have faced scrutiny recently. The ARK Innovation ETF posted a five-year annualized return of -11.29% through January 30, while the S&P 500 gained 14.99% over the same stretch. Despite this, her flagship fund jumped 35.49% in 2025, beating the S&P 500’s 17.88% return. Year-to-date numbers tell a different story. As of January 30, the ARK Innovation ETF dropped 3.85% while the S&P 500 rose 1.37%. Investors pulled roughly $1.11 billion from the fund in the 12 months through January 28. Amazon stock rallied after its third-quarter results. Shares jumped nearly 10% following the October earnings beat. The catalyst was Amazon Web Services performance. Cloud Business Powers Growth AWS remains the engine. CEO Andy Jassy s...

Famed wrestler Hulk Hogan’s sprawling Clearwater home is on the market for $11 million, six months after the father of two died from cardiac arrest at the property.

财联社2月2日讯（编辑 卞纯） 据报道，就在宣布提名前美联储理事凯文·沃什担任下一任美联储主席的第二天， 美国总统特朗普开玩笑称，若沃什不降息，自己可能会对其提起诉讼 。 当地时间1月31日晚，特朗普出席了名流云集的“苜蓿草俱乐部”晚宴并发表了模仿“名人吐槽大会”风格的演讲，沃什成为其调侃对象之一。现场听众包括政界人士、商业领袖和华盛顿精英。 当事后被记者问及这些言论时，特朗普回应称，“这是吐槽，这是喜剧之夜。”他还表示，他在提名沃什时并未索取任何承诺。“我想如果我愿意，本可以那样做，但我没有。” 不过特朗普也补充称， 他确实希望沃什能降息 。 他还称赞沃什是一位合格的被提名人，应该能轻松通过确认程序。 特朗普的这一玩笑话正值美联储独立性面临风险之际。自特朗普去年1月开启第二任期以来，美联储就一直是他的攻击目标。 美国司法部正针对现任美联储主席鲍威尔是否就美联储总部翻新事宜向国会作虚假陈述一事展开刑事调查。对此，鲍威尔回应称，相关调查“只是借口”，目的是迫使美联储降低利率。 特朗普政府还以 “抵押贷款欺诈” 为由试图解雇美联储理事莉萨·库克。 上周五特朗普宣布沃什将执掌美联储，并宣称 “他绝不会让你们失望”。这一提名吓坏了市场，近期飙涨的贵金属市场遭遇跳水，因为沃什的货币政策立场被广泛视为偏鹰派。 不过，沃什上任后究竟将采取何种立场，目前尚不能确定。沃什曾于2006年至2011年期间担任美联储理事。他曾一度以鹰派形象而闻名，因其更倾向于美联储保持更紧缩的资产负债表和更高的利率。 然而，随着人工智能的蓬勃发展，他最近改变了看法，认为这项新兴技术将有助于抑制通胀。

万源通公告，全资子公司江苏广谦电子有限公司拟使用自有资金或自筹资金购买位于江苏省东台市的国有建设用地使用权，建设用地面积约50亩，总金额预计875万元。该交易不构成重大资产重组或关联交易，已获董事会审议通过，无需提交股东会审议。土地使用权拟用于投资建设“高密度互连印刷电路板（HDI）项目”，以推进公司高端产能布局，实现产品升级转型。

Chesky_W/iStock via Getty Images Archer Aviation Inc. (NYSE: ACHR ) is engaged in designing and developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility (UAM), providing commercial aerial ride sharing, maintenance and repair services. The company is also involved in the defense sector. It serves customers primarily in the U.S., along with those internationally. Archer Aviation is a "pre-revenue" company, emphasizing on obtaining aircraft certification, flight testing, scaling up manufacturing, and forging partnerships. The stock ended January down 4% YTD or -22% in a one-year period, despite surging in October last year. In the past three months, ACHR's decline of 34% significantly underperforms the S&P 500 (+2%), U.S. listed global aviation industry (+16%), and the defense and aerospace sector (+8%), in the same period. We believe the selling was mostly due to speculating investing shifting away from certain "junk" stocks with little or no revenue/earnings to those exposed to memory and precious metals. However, we expect the company to begin early revenue recognition in FY26 through partnerships like the Abu Dhabi Launch Edition program, and initial eVTOL deliveries. This could move the company into the commercialization phase, potentially triggering a stock rebound. Data by YCharts 3Q25 earnings recap In the quarter ended September 30, 2025, the company recorded no revenue with a GAAP net loss of $129.9M or EPS of -$0.20. Adjusted for non-recurring items, EPS was -$0.12, which is in line with market expectations. Operating expenses comprised $54M in SG&A expenses and $121M in R&D expenses. Due to the company's large cash reserve, it registered $16M in net interest income, or about 4% in annualized interest. Positive revenue starting from FY26 The company is anticipated to deliver its first meaningful revenue recognition in FY2026, potentially in 1H26. The management has guided in the its last earnings call that revenue will begin t...