6月10日至12日，中非经贸博览会“走进非洲”（摩洛哥专场）在摩洛哥卡萨布兰卡举办。本次活动聚焦农业全产业链、装备制造、绿色能源等领域，通过产业精准对接等举措，推动一批合作项目落地。2025年，中摩双边贸易额达109.56亿美元，中国连续多年保持摩洛哥全球第三大贸易伙伴地位。零关税举措落地，摩洛哥商品输华成本大幅下降，将显著提升摩洛哥产品在华市场竞争力。中摩经贸合作正从商品流通向产业纵深加速迈进，一批绿色环保与新能源产业项目相继落地，成为中摩合作的生动写照。（新华社）

Thomas Barwick/DigitalVision via Getty Images Shares of Malibu Boats ( MBUU ) have seen a real boom-bust cycle over the past decade, as we currently still find ourselves at the bust stage. After going public at levels in the teens in 2014, shares peaked around the $90 mark in 2021 following the boom induced by discretionary spending during the pandemic. Ever since, shares have continuously come down, now trading at just $26 per share. This relentless decline in the share price came as revenues have come down, with realistic earnings being minimal. After a mixed M&A track record, the company recently announced a larger deal in Europe. While its M&A track record historically is soft, real appeal can be seen if execution is delivered upon, with still many question marks to be answered in the quarters to come. Tough Times In May of this year, Malibu Boats reported a 3% increase in third quarter sales to $235 million as the composition of growth is bad, with inflation hitting this market as well, as unit volumes were down 12% to just 1,253 boats. Despite rising selling prices and the number of units sold falling, gross profit margins fell by 2.5% to 17.5% of sales, as EBITDA margins were down nearly 3 points to 9% and change. The company posted a GAAP net loss of $2.4 million, equal to $0.13 per share. Meanwhile, adjusted earnings fell by eighteen cents to $0.56 per share, among others, adjusted for a seven-cent adjustment for stock-based compensation expenses. The company reported a net debt load of $115 million, following an M&A deal in Europe (to which I will elaborate on next). Some 19 million shares are outstanding and trading at $26, which gives the company a market value of $500 million. This values the entire business at around $615 million here. This compares to a full-year outlook, which calls for sales between $880-$886 million and adjusted EBITDA seen between $72-$74 million, valuing the business at 0.7 times sales and 8.4 times EBITDA, as these numbers inclu...

格隆汇6月9日｜印度10年期国债收益率延续下滑，至自4月21日以来的最低水平，报6.8958%。

文 | 阿至 封面来源｜Pexels 星载组合光纤放大器，一个藏在卫星激光通信终端里的“隐形赛道”，随着国内低轨星座进入规模化部署倒计时，正在悄然升温。 36氪获悉，星载光电核心部组件供应商天津寰宇星通科技有限公司（以下简称“寰宇星通”） 近期已完成数千万元Pre-A+轮融资，由滁州启金翌鑫独家领投，后续又获得了上市公司金春股份的追加投资。 本轮资金将主要用于星载组合光纤放大器产线扩容、星载三轴光纤陀螺在轨搭载验证及多款新品研发，进一步加速星载光电核心部组件的国产化进程。 寰宇星通成立于2021年，团队核心班底来自南开大学，是国内最早从事星载光纤放大器自主研发的产学研转化项目之一。创始人戴武涛硕士毕业于南开大学光学专业，在光电领域从业超20年，曾长期从事国外先进光电技术引进和国产化推进工作，是一位连续创业者。 在技术沿革方面，寰宇星通首席科学家刘波为南开大学教授、博导，国内激光通信领域专家，其团队研制的星载光纤放大器于2019年随北斗三号某星发射入轨，已累计在轨稳定运行超6年，是国内在轨运行时间最长的星载光纤放大器。 作为一家创业公司，过去5年，寰宇星通鲜少对外发声，团队主要精力集中于产品研发及在轨验证。 毕竟，太空环境具有极端特殊性，很多工况地面实验室无法完全复现，而星载产品一旦入轨无法物理维修，想要证明技术方案的真实可靠，“飞行履历”才是最有力的佐证——地面200小时、甚至2000小时测试没出问题不等于技术方案可行，在轨稳定工作5-7年才有资格进入供应商名单。 2025年5月14日，首批“三体计算星座”组网星在酒泉卫星发射中心发射 据戴武涛介绍， 寰宇星通现阶段已累计交付近百台星载组合光纤放大器正样件，21台产品成功在轨服役 ，顺利完成星地、星间激光链路拉距试验，在轨稳定运行时长累计超25年。截至目前，寰宇星通深度参与了威海壹号01-02星、氦星光联首发星、氦星梁溪双子星、三体计算星座首批组网星、星网创新院试验星等多个重大航天项目。 星间及星地激光通信不仅是技术趋势，也是卫星实现本身价值的重要一环，其产业化进程在逐步加速。但在戴武涛看来，中国商业航天高速发展的大幕，才刚刚拉开。 风口下“隐藏”的痛点 2020年，我国向国际电信联盟（ITU）提交GW星座频谱申请，次年中国星网正式成立，作为我国首个巨型低轨卫星互联网项目，GW星座规划发射总计12992颗卫星。彼时，...

t_kimura/iStock Unreleased via Getty Images Listen below or on the go via Apple Podcasts and Spotify Apple ( AAPL ) WWDC 2026: New Siri, iOS, and AI updates galore . (00:14) Sirius XM ( SIRI ) to join S&P MidCap 400 ; shares move higher. (01:37) Costco Wholesale ( COST ) lowers prices on select Kirkland brand items. (01:58) The new Siri is here. Apple ( AAPL ) finally made good on its word on Monday after months and years of speculation, broken promises, and updates. The tech giant unveiled Siri AI at its annual Worldwide Developers Conference. Siri AI uses Apple Intelligence to tap into its capabilities and comes with a dedicated app. It can look up information, set reminders, provide details of photos, and work with Visual Intelligence. With Visual Intelligence, a person can point their camera at a plate of food and get nutrition facts or take a photo of a bill and decide how to split it. Apple CEO Tim Cook said that developers are building more apps than ever with more than 1,000 app submissions every hour. The senior vice president of Software Engineering, Craig Federighi, said, unlike others, Apple is taking privacy into account and not doing AI “just for the sake of it.” Federighi went on to say that Apple believes privacy with AI is “non-negotiable.” The VP also talked up Apple’s partnership with Google ( GOOG ) ( GOOGL ) Gemini. In addition, the company overhauled iOS ahead of the likely release of a foldable iPhone later this year. Find a full breakdown of the updates here . Sirius XM Holdings ( SIRI ) will replace Masimo ( MASI ) in the S&P MidCap 400. This takes effect prior to the opening of trading on Thursday, June 11. Danaher Corp. ( DHR ) is acquiring Masimo in a deal expected to be completed soon pending final conditions. Sirius XM Holdings ( SIRI ) is up 3.7% in premarket action. A few items have gotten cheaper at Costco Wholesale ( COST ). The wholesale club quietly cut prices on a handful of Kirkland Signature items. The reduced prices include cu...

格隆汇6月9日｜新大陆(000997.SZ)公告称，公司控股子公司香港贝比环球有限公司与新加坡DEBIA PTE. LTD.（签署《投资暨股份认购协议》，拟以现金199万新加坡元增资认购Debia新发行普通股55.03万股，交易完成后香港贝比将持有Debia 19.9%股权；同时，协议约定香港贝比在相应条件达成的前提下拥有后续持续增资认购股份的权利，第二期及第三期增资认购股份份额占Debia发行股本的25.1%及35%，认购对价分别为251万新元和350万新元。若上述股份增资认购均实现，香港贝比将合计持有Debia总股本的80%，Debia纳入公司合并报表范围。Debia成立于2011年，以成为东盟地区领先的数字支付与金融平台为发展目标，总部位于新加坡，在马来西亚设有全资子公司，以商户收单、线上支付与跨境汇款为主营业务，持有新加坡MPI牌照，并取得马来西亚支付牌照核准函。

Designer Brands press release ( DBI ): Q1 Non-GAAP EPS of -$0.37 misses by $0.40 . Revenue of $696.35M (+1.4% Y/Y) in-line. Total comparable sales decreased by 1.1%. The Company is reaffirming the following guidance for the full year 2026: Metric 2026 Guidance Designer Brands Change in Net Sales Down 1% to Up 1% Diluted Earnings per Share $0.28 - $0.38 Click to enlarge Shares +3.6% PM. More on Designer Brands Designer Brands Isn't A Great Fit Right Now (Downgrade) Designer Brands Guides For A Flat FY26 But Still Trades At 17x Adjusted Earnings Designer Brands Inc. (DBI) Q4 2026 Earnings Call Transcript Designer Brands Q1 2027 Earnings Preview Quant snapshot: United Natural Foods, Designer Brands lead top-rated names as MIND Technology, BARK lag

OpenAI confidentially files IPO paperwork, Apple’s AI reveal, Wall Street likes Lilly over Novo in weight-loss wars, and more news to start your day.

AntaresNS/iStock Editorial via Getty Images Shares of Alamo Group ( ALG ) have been struggling as of late, with shares down some 10% since I covered the stock in December last year, while the market at large (of course driven by AI/technology) has seen continued gains to the tune of high single digits. Meanwhile, it has been quite an eventful year so far, including a larger M&A deal, as such a transaction and a setback in the share price create a compelling reason to update the investment thesis here. This reveals an interesting M&A move, yet it comes with struggling operations in end markets, and thus a sluggish share price. However, the potential for earnings to recover and organic growth recovering makes me cautiously upbeat on the potential of the firm for a decent long-term operator. Growth And Margin Pressure Early in May, Alamo reported its first quarter results, with sales up nearly 7% to $417 million as growth was split pretty evenly between a $175 million vegetation management segment and a nearly $242 million industrial equipment business. So far so good, with a GAAP operating margin of 10.1% being down 130 basis points from the year before, only in part explained by amortization expenses rising to $4.9 million. Such margin pressure, some higher interest expenses, and a slightly higher tax rate made GAAP earnings of nearly $32 million in the first quarter of 2025 fall to $29 million. GAAP earnings were down twenty-three cents to $2.41 per share based on a pretty stable share count of 12.1 million shares. Adjusted earnings were reported at $2.56 per share; these earnings are down fourteen cents from the year before. Net debt had risen to $95 million; this was the result of an acquisition of Petersen (to which I will elaborate on next), but given a $59 million EBITDA number in the first quarter, leverage is far from an issue, even as no guidance was provided. While no formal guidance has been given, it is evident that there are pockets of organic weakness w...

隆华科技公告，董事李明强拟于2026年7月2日至2026年10月1日通过集中竞价或大宗交易减持不超过996万股，占公司总股本0.96%；董事/副总经理李江文拟减持不超过19.8万股，占0.02%；董事田国华拟减持不超过7万股，占0.01%；董事会秘书/财务总监张源远拟减持不超过9.5万股，占0.01%。减持来源包括首次公开发行前持有股份、股权激励及二级市场增持。

南新制药公告，公司于2026年6月9日收到中国证券监督管理委员会湖南监管局出具的《行政处罚事先告知书》，依据告知书内容，公司股票将被实施其他风险警示。公司股票将于2026年6月10日停牌1天，并于2026年6月11日起复牌，自复牌之日起实施其他风险警示。实施后，公司A股简称将变更为“ST南新”，证券代码仍为“688189”。在实施风险警示期间，公司股票不进入上海证券交易所风险警示板交易，涨跌幅仍为20%，但投资者当日累计买入公司股票数量不得超过50万股。

A Hong Kong court has reversed a former law student’s acquittal in a riot trial arising from the 2019 anti-government protests, finding her guilty based on “overwhelming” circumstantial evidence that she had encouraged other participants through her presence. The District Court on Tuesday convicted Alice Tong Ka-yan nearly seven years after her arrest during the unrest in Wan Chai on the night of August 31, 2019. Tong, who will turn 27 this month, was initially cleared of rioting in August 2021...

Study of more than 140,000 UK sellers exposes widespread distrust of the industry - and the surprisingly simple things that would fix it.London, United Kingdom--(Newsfile Corp. - June 9, 2026) - Nine in ten UK gold sellers turn to social media, not Google, when choosing a buyer, according to new research revealing just how considered, and often conflicted, that decision really is.Record Gold Prices and Cost-of-Living Pressures Drive Surge in Online Jewellery Sales, Research by Cash4Gold-Now...

Key PointsJPMorgan Chase stock trades at a price-to-book ratio that’s 71% more than Bank of America’s valuation multiple.

Quantinuum (NASDAQ: QNT) became the first-ever quantum computing pure play to join the market via an initial public offering (IPO) when it debuted earlier this month. Before that, all quantum computing companies had come to market via SPAC (special purpose acquisition company) transactions -- reverse mergers with publicly traded shell companies. The company originally proposed selling just over 21 million shares at somewhere between $45 and $60, before upping that to 26.5 million shares at between $53 and $55. The stock opened trading at $68 on June 4, above its eventual $60 IPO price, before closing its first day of trading up just 1% at $60.36. However, it fell below its IPO price on just its second day of trading. As of midday Monday, the stock was trading a hair above the $60 mark. Assuming the exercise of share overallotments, the deal valued the company at just under $16 billion, which would make it one of the largest pure-play quantum computing stocks by market cap. That's bigger than companies like D-Wave Quantum and Rigetti Computing , but smaller than IonQ (NYSE: IONQ) , which is currently valued at over $25 billion. Continue reading

SolStock/E+ via Getty Images The earliest data for 2026's summer jobs season came in trending downward for U.S. teens. Overall, a seasonally-adjusted 5,350,000 Americans Age 16 through 19 were counted as having jobs in May 2026, falling 29,000 from April 2026's total. Breaking down the jobs numbers between younger teens (Age 16-17) and older teens (Age 18-19) finds a split in how each group is faring going into summer. Younger teens saw their seasonally-adjusted numbers plunge by 79,000 to 1,850,000, while older teens saw their numbers rise by 14,000 to 3,510,000. The following chart shows these changes along with the seasonally-adjusted total Age 16-19 employment level: Sharp-eyed readers will recognize the number of employed Age 16-17 teens and Age 18-19 teens does not add up to the combined Age 16-19 figure. That's because each demographic gets its own seasonal adjustment. If you want numbers that do add up within a small margin of error, you'll want to access the BLS' raw, non-seasonally adjusted employment figures. We did that and found something pretty remarkable. Here's how the numbers changed from April to May 2026 for both younger and older teens: Younger teens (Age 16-17): Decrease of 27,000 to 1,744,000. Older teens (Age 18-19): Increase of 107,000 to 3,528,000. At this time of year, the BLS' seasonal adjustment is designed to account for the summer surge in teen employment levels. The seasonally adjusted data shows employers hiring older teens at rates similar to slightly higher than what they have in recent years. But the data also shows employers are not hiring anywhere near as many younger teens as would be expected from the summer seasonal pattern for this age group. Media reports have noted that the summer job season for teens is among the toughest on record, but have missed this vital difference. The following excerpt from one of the reports tries to explain why that is: Challenger, Gray & Christmas suspect that AI and automation, older workers sta...

(RTTNews) - Parsons Corp. (PSN), a defense and infrastructure solutions provider, on Tuesday announced it secured an additional $73 million contract in support of the U.S. Air Force Research Laboratory's Global Application Research, Development, Engineering and Maintenance or GAR

Jack Caffrey, equity portfolio manager at JPMorgan Asset Management, examines the impact of oil prices on equity markets and what that means for both short-term traders and long-term investors. (Source: Bloomberg)

格隆汇6月9日｜瑞士立法者正考虑一项新的提议，以放宽对瑞银的资本要求。若该提议得以实施，瑞银面临的资本负担将较政府提交的草案减少数十亿美元。根据新提议，瑞银只需以约70%至80%的CET1资本支持其海外子公司，而非政府要求的100%。

TH International ( THCH ), which operates Tim Hortons stores in China, has named Kwok Wah Cheung as its new CEO, effective June 15, succeeding under the company's leadership succession plan. Concurrently, Yongchen Lu will step down as CEO and assume the role of chairman of the company. Cheung brings over 20 years of experience as a chief executive and president of major consumer businesses in China . More on TH International TH International Limited 2025 Q4 - Results - Earnings Call Presentation TH International Limited (THCH) Q4 2025 Earnings Call Transcript Financial information for TH International