US equity markets were pointing lower before the opening bell Thursday as traders continue to monito

欧洲运输与环境联合会25日发布报告说，在全球清洁技术竞争加剧、能源安全压力上升的背景下，欧洲汽车业转型窗口正加速收窄。这份名为《欧洲交通状况2026》的报告说，欧洲在电动汽车销量方面仍落后中国约3年，这在一定程度上反映出欧洲在政策节奏与产业发展上的阶段性失速。中国近年来加快推进电动化与清洁技术布局，中国企业已形成较为完整的产业链优势。相比之下，受政策不确定性影响，欧洲汽车业转型一度放缓。报告认为，欧洲仍具备一定产业基础，去年在欧盟销售的电动车中约70%为欧盟制造。同时，欧洲电池产业正处于扩张阶段，欧洲、中国及韩国企业正加大在欧投资。报告还显示，欧洲仍依赖进口石油。2025年欧洲进口石油支出超过2200亿欧元。在油价维持每桶100美元左右的情况下，2026年相关支出预计将超过3000亿欧元。(新华社)

The Secret Reason Why Micron Stock is Dropping After the Spectacular Investor Update The Motley Fool

Investing.com -- Bernstein has downgraded Qualcomm to Market-Perform from Outperform, lowering its price target to $140 from $175, as rising memory costs and weakening smartphone demand cloud the outlook for the chipmaker.

Pine Cliff Energy ( PNE:CA ) declares CAD 0.0013/share monthly dividend , in line with previous. Forward yield 2.03% Payable April 30; for shareholders of record April 15; ex-div April 15. See PNE:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Pine Cliff Energy Pine Cliff Energy Ltd. (PNE:CA) Q4 2025 Earnings Call Transcript Dividend scorecard for Pine Cliff Energy Financial information for Pine Cliff Energy

Chinese self-driving technology firm Pony AI plans to launch robotaxi services with partners Uber Technologies and Verne in Zagreb, Croatia, spearheading commercialisation of autonomous cabs in Europe amid an accelerated go-global drive. The three companies aimed to operate a fleet of thousands of robotaxis in various European cities over the next few years after achieving consistent performance and safety, Guangzhou-based Pony said on Thursday. Neither the starting date for the service nor the...

Elon Musk Says Something 'Way Cooler' Than Minivan Is Coming Amid Leaked New Model Frame Yahoo Autos

美国总统特朗普26日再次抨击北约盟友，称北约国家在美国对伊朗军事行动中“绝对没有提供任何帮助”“美国不需要北约的任何东西”。特朗普在社交媒体上发文宣称，伊朗已在军事上遭到重创，北约盟友绝对没有采取任何行动来帮助美国打击伊朗。特朗普20日也曾在社交媒体上抨击北约，称北约盟友不愿加入美国和以色列对伊朗的战事，也不愿协助美国保障霍尔木兹海峡的通行，如今他们却抱怨被迫支付高油价。特朗普表示，“没有美国，北约就是纸老虎”。“一群懦夫！我们会记住的！”特朗普已多次抱怨一些盟友对协助美国打击伊朗“不热衷”。他17日在社交媒体发文称，大多数北约盟友已通知美国不愿参与美国和以色列对伊朗的军事行动，美国不再需要北约国家和其他国家的帮助。(新华社)

This Qualcomm Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Thursday Benzinga

SmileStudioAP/iStock via Getty Images Commentary as of 12/31/25 The fund posted returns of 5.43% (Institutional shares) and 5.35% (Investor A shares, without sales charge) for the fourth quarter of 2025. The fund's outperformance of its benchmark was driven by sentiment-related insights, which captured favorable market positioning. Fundamental valuation and macro-related measures contributed to returns. In particular, sentiment indicators related to market positioning and investor flows proved effective. Fundamental valuation signals added to performance by identifying attractively priced names, while macroeconomic industry insights were also beneficial. From a sector-positioning perspective, the fund remained largely neutral. However, there were slight overweight positions in the information technology (IT) and consumer discretionary sectors, and slight underweight holdings in the utilities and energy sectors. Contributors Sentiment was the strongest contributor. Notably, insights looking at short-selling activity from informed market participants were helpful through an overweight allocation to the consumer staples sector and an underweight exposure to the health care sector. These were supported by renewed retail investor enthusiasm and expectations of lower interest rates. Fundamental valuation signals focused on operating income drove successful stock selection in the industrials sector, which benefited from broader economic growth and fiscal policy shifts. Macro industry timing insights also added value. Detractors A few signals detracted modestly during the quarter. A macro signal that bets against short interest levels performed weakly in the IT sector by motivating an unsuccessful overweight exposure during a more defensive market rotation. Additionally, a quality-oriented signal predicting sales growth struggled in the communication services sector. Macro insights looking at historical patterns fell short amid rapid market shifts tied to fiscal policy and ...

This Qualcomm Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Thursday benzinga.com

Rost-9D/iStock via Getty Images L3Harris Technologies ( LHX ) was awarded a contract by the U.S. Defense Innovation Unit to deliver a system that enables submarines to deploy and recover autonomous underwater vehicles through standard torpedo tubes. Torpedo Tube Launch and Recovery system (L3Harris) The agreement covers the company’s Torpedo Tube Launch and Recovery system, which is designed to operate with its Iver4 900 autonomous underwater vehicles, according to an announcement Wednesday. The system has been tested by U.S. and allied naval forces for missions including intelligence collection, surveillance, reconnaissance, mine detection and seabed operations. A key feature is the ability to conduct these missions without requiring submarines to surface, reducing operational exposure. It’s intended to expand the capabilities of existing submarine fleets by allowing them to deploy unmanned systems without structural modifications. It also incorporates lithium-ion battery technology approved for both submarine and aviation use, supporting longer mission durations and enabling battery swaps to maintain continuous operations. L3Harris ( LHX ) said the system is designed to work across multiple submarine classes and with allied platforms, aligning with broader efforts to integrate manned and unmanned systems in naval operations. The company also noted its relevance to cooperation initiatives among Australian, United Kingdom and United States partners focused on advanced defense technologies. More on L3Harris Technologies L3Harris Technologies, Inc. (LHX) Presents at JPMorgan Industrials Conference 2026 Transcript L3Harris Technologies, Inc. (LHX) Analyst/Investor Day - Slideshow L3Harris Technologies, Inc. (LHX) Analyst/Investor Day Transcript L3Harris begins high-volume production of counter-drone system in Alabama SA Asks: What's the best drone stock right now? (Update)

Analysts say the Iran war energy crisis is also adding momentum to nuclear interest and action in the region. (Image credit: Vincent Thian/AP)

乐凯胶片公告，2025年营业收入13.2亿元，同比下降11.13%。归属于上市公司股东的净利润-9872.82万元，上年同期为-6226.14万元。基本每股收益-0.1784元／股，上年同期为-0.1125元／股。

Klaus Vedfelt/DigitalVision via Getty Images Overview Liquidia's stock ( LQDA ) is up a solid 16% since my " Sell " rating to begin the year. Its commercialization of Yutrepia (treprostinil powder) has gone quite well. My last analysis followed Yutrepia's first full quarter on the market. It generated $51.7M in net product sales. I warned that some of it was related to inventory and Liquidia's 28-day voucher program (which provided the drug free of cost), rather than a "clean standalone proxy for durable paid patient demand." I was also still concerned about pending litigation outcomes that could see the removal of Yutrepia from the market altogether. Although Yutrepia's recent market performance is indicative of real-world uptake, meriting short-term optimism, there have been two external events that also make me increasingly cautious about Liquidia's long-term prospects. Recent Developments In Q4 , Yutrepia generated $90.1M. Liquidia made $14.56M in net income, or $0.15 per common (diluted) share. This was their "second consecutive quarter of profitability." Liquidia revealed that 75% of Yutrepia starts are naive to prostacyclines. Right now, it's a 50/50 PAH and PH-ILD split, which is a bit unusual because the latter is a much larger market. It could be that the PH-ILD "white space" is harder to penetrate. There's one big problem that management is keenly aware of: both markets are shifting toward convenience. Products like United Therapeutics' ( UTHR ) Tyvaso DPI and Yutrepia, although improved from past "nebulizer solutions," still require four times a day dosing. Liquidia's solution to this problem is L606, which is practically "twice-daily Yutrepia." The problem with Liquidia's "solution" is that L606's gains on convenience appear incremental compared to its competitors. Soft Mist Inhaler (SMI) In February, United (Liquidia's main competitor in PH-ILD and PAH) unveiled its soft mist inhaler formulation of treprostinil. It aims to reduce coughs associated with...

Here’s what to know about how the current crisis could shape the expansion of renewable energy As the deadly war in Iran triggers what the International Energy Agency has described as the worst oil crisis in history, climate advocates are calling for a faster shift away from fossil fuels, but the conflict may also hamper that transition. US-Israeli strikes on Iran have disrupted supply routes through the strait of Hormuz, through which 20% of global oil flows. The US, Israel and Iran have also all launched strikes on fossil fuel facilities, creating additional market shocks. Continue reading...

歡迎收看《世界觀》。 美國同以色列向伊朗發動軍事行動，外界注視衝突何時結束，今次戰事觸發人道同能源危機，也再次衝擊北約團結。 中東戰火持續。美國希望北約成員國提供軍事支持，確保霍爾木茲海峽航行安全，不過多國表明不會參與。 美國總統特朗普說：「我認為北約正在犯非常愚蠢的錯誤。」 記者問：「你是否正在重新思考美國同北約的關係，甚至可能退出北約？」 特朗普指：「我對北約感到失望，我的意思是這當然是我們應該思考的事情。」 特朗普甚至在社交網站帖文，指「沒有美國，北約就是紙老虎」。 德國、意大利、西班牙等國明確表示，不會派遣艦艇參與護航。西班牙直接批評，美國對伊朗的軍事行動非法。葡萄牙指不會捲入戰事。德國說美以伊戰事並非北約事務，不會參與。 美國提出霍爾木茲海峽護航行動，歐洲多國不配合，有分析認為，一方面是有現實安全考慮，認為派軍艦到霍爾木茲海峽護航，存在極高風險。另一方面是基於各自國內政治壓力，美國同以色列向伊朗採取軍事行動，盟友事前不知情，而且是在外交談判過程期間突然發動。軍事行動影響廣泛，更釀成大量平民傷亡，不少是婦孺。歐洲不願意為美國挑起的衝突「埋單」。 北約的共同防禦核心基於《北大西洋公約》第五條，即是任何成員國遭受攻擊時，會視為對全體的攻擊。 有北約外交官員強調，今次情況不適用，美國難以用共同防禦為理由，說服北約其他成員國加入行動。 中東戰火再一次挑戰北約團結，也考驗北約秘書長呂特的領導能力。 北約秘書長呂特表示：「我感受到歐洲的廣泛支持。我同很多領袖通電話，在過去周末同本周初，我清楚感覺到，消除核能力、消除彈道導彈能力，(伊朗已故最高領袖)哈梅內伊不在，我很多在北約的同僚都表示讚賞。」 美以伊戰事爆發後，呂特首次公開發言時提到，美國同以色列的行動在歐洲得到廣泛支持，隨即惹來質疑。戰事持續，外溢效應更大，跨大西洋裂痕更深。 政治新聞網站Politico報道，呂特採取慣用的「特朗普策略」，即是避免公開批評特朗普，在背後尋求解決方案。 不過呂特2024年，接任北約秘書長以來，已經不只一次被質疑，過分討好特朗普。 呂特稱：「你是一位強勢的領袖，同時也是一位和平締造者，你現在成功促成以色列同伊朗之間停火，我為此衷心讚揚你。」 去年北約峰會期間，兩人見記者時，特朗普以「打架的小孩」，來比喻以色列同和伊朗，呂特就用「Daddy」(爸爸)，來比喻特朗普，說「Daddy有時要用強...

Investing.com -- In a note to clients on Thursday, Morgan Stanley defended U.S. memory-chip makers after a sharp pullback, arguing the selloff reflects “a healthy pricing in of durability concerns” rather than a fundamental shift in demand.

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 Good morning! Here's the latest in trending: Social problems: A Los Angeles jury found Meta ( META ) and Google ( GOOGL ) liable in a landmark case on social media addiction . Seeking a suitor: JetBlue ( JBLU ) flies high on a report that it's evaluating plans to sell itself to a rival airline. Energy crisis: Iran drafts a bill to charge Strait of Hormuz transit fees as the White House explores implications of $200 oil . How to fix it? Major funding challenges to social security are on the horizon, with the Senate Budget Committee holding a fresh hearing on the matter. Current estimates from the Social Security Administration and Congressional Budget Office suggest that there are only six more years before funds will face solvency problems and all payments would have to be reduced by a quarter. Structural challenges span from changing demographics like falling birth rates and a smaller-than-expected workforce, as well as longer life expectancies and people taking early retirement. Quote: "The prediction back in 1983, when we passed the last big set of reforms, was that we were going to have 75 years of solvency because it was designed to create premiums on 90% of collective earnings," added Senator Jeff Merkley (D-OR), Budget Committee Ranking Member. "But as wealth has moved to the richest people in America, we no longer collect premiums on 90%, so it's a major factor in why we're running out of the trust fund 20 years earlier than predicted." Being pitched were several revenue provisions like taxing investment income, which could target the wealthy who don't get their income from wages. Other ideas include raising the overall tax rate or raising the cap on the maximum taxable income. The latter currently stands at $184,500, meaning any income made over that level does not deduct social security taxes from those revenues. Ther...

Maksymowicz/iStock via Getty Images Investment Thesis Blue Bird Corporation ( BLBD ) is expected to witness revenue growth, supported by the price hike and backlog conversion. Moreover, with strong orders in the first quarter, I believe the company is well-positioned to capitalize on the seasonally solid second half of FY2026. On the profitability front, the adjusted EBITDA margin should be near flat due to higher input costs. However, the pricing actions should be accretive to the overall margin. When comparing with the peer median P/E ratio, the company is trading at a discount of ~26%. Conclusively, I recommend a Buy rating on the stock. Business Overview Blue Bird is a manufacturer and innovator of school buses that was founded in 1927. School buses are an affordable commute for approximately 25 million children. The company operates through two segments: the Bus segment and the Parts segment. BLBD continues to expand and enhance the Alternative Power products, including propane, gasoline, and EV buses. These alternative powertrains provide the low- and zero-emission benefits when compared to diesel engines. Revenue Analysis & Outlook In the first quarter of FY2026, the company reported $333 million in net sales, an increase of 6% year-over-year. The improvement was driven by higher bus customers, a favourable product mix, and price increases. However, a slight decrease in sales of parts negatively impacts the overall sales of the company. Moreover, the company delivered around 121 electric-powered buses, focusing on the expansion of alternative-powered school buses. In FY2026, the net sales of the company should be up in the low-single digits in a year-over-year comparison. The management estimates the net sales to be between $1.45 billion and $1.55 billion, with an average sales volume of 9500 units. In the first quarter of FY26, the company generated 2,135 units in sales volume, slightly up from the prior year. This positions the company well going forward in...

德国国防部长鲍里斯．皮斯托留斯（Boris Pistorius）表示，伊朗战争对全球各经济体而言是一场“经济灾难”，并有可能令地区不稳定的情况加剧。 他表示，霍尔木兹海峡的关闭正影响到印太地区，尤其是日本。他还说，德国希望看到尽快停火。 皮斯托留斯在澳大利亚举行的一场新闻发布会上表示，在美国和以色列开始空袭伊朗之前，德方并未被征求意见。他说：“我们不想被卷入那场战争。” 责任编辑：刘明亮

Colorful epic aerial panorama of San Francisco skyline downtown with business building skyscraper and waterfront at twilight in California, USA. Prasit Photo | Moment | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private investment firms of the ultra wealthy are snapping up domestic real estate as the market's recovery continues to stall, family-office investors told Inside Wealth. While persistently high interest rates and geopolitical conflicts have many investors sitting on the sidelines, family offices can afford to make opportunistic bets as they invest for the long haul. Travis King, CEO of Realm, said the collective of some 100 families has invested about $100 million in Northern California real estate in the past six months. Realm has seized on bargains, such as buying an office property in San Francisco at about 21% of what it last traded for and what it could cost to build it today. "We looked at it said, 'Hey, San Francisco has been beaten up, but we believe that tech is going to continue to be a very robust environment, and we continue to believe that that's going to be the main driver of the U.S. economy going forward. We don't think San Francisco is going anywhere,'" he said. "It seems like that call is accurate, based on the fact that we're now trading paper on either leases or purchase and sale agreements on several of these properties." King said some families are nervous about deploying their money during these turbulent times, but that more are interested in taking advantage of low valuations. "It's a difficult time to live through, just as a citizen, but it's an interesting time as an investor, because that's the time that makes it the best pricing," he said. Matthew Cohen, partner at Declaration Partners, the investment firm anchored by Carlyle billionaire David Ru...

BRP (DOO) delivered earnings and revenue surprises of +7.07% and +5.03%, respectively, for the quarter ended January 2026. Do the numbers hold clues to what lies ahead for the stock?

Mistral's new speech model can run on a smartwatch or a smartphone.

Key PointsThe S&P 500 soared 78% over the past three years amid excitement about the artificial intelligence opportunity.

The enterprise voice AI market is in the middle of a land grab. ElevenLabs and IBM announced a collaboration just this week to bring premium voice capabilities into IBM's watsonx Orchestrate platform. Google Cloud has been expanding its Chirp 3 HD voices. OpenAI continues to iterate on its own speech synthesis. And the market underpinning all of this activity is enormous — voice AI crossed $22 billion globally in 2026, with the voice AI agents segment alone projected to reach $47.5 billion by 2034 , according to industry estimates. On Thursday morning, Mistral AI entered that fight with a fundamentally different proposition. The Paris-based AI startup released Voxtral TTS , what it calls the first frontier-quality, open-weight text-to-speech model designed specifically for enterprise use. Where every major competitor in the space operates a proprietary, API-first business — enterprises rent the voice, they don't own it — Mistral is releasing the full model weights, inviting companies to download Voxtral TTS , run it on their own servers or even on a smartphone, and never send a single audio frame to a third party. It is a bet that the future of enterprise voice AI will not be shaped by whoever builds the best-sounding model, but by whoever gives companies the most control over it. And it arrives at a moment when Mistral, valued at $13.8 billion after a $2 billion Series C round led by Dutch chipmaker ASML last September, has been aggressively assembling the building blocks of a complete, enterprise-owned AI stack — from its Forge customization platform announced at Nvidia GTC earlier this month, to its AI Studio production infrastructure, to the Voxtral Transcribe speech-to-text model released just weeks ago. Voxtral TTS is the output layer that completes that picture, giving enterprises a speech-to-speech pipeline they can run end-to-end without relying on any external provider. "We see audio as a big bet and as a critical and maybe the only future interface with a...