格隆汇6月3日｜创业板指涨幅缩窄至1%，此前一度涨4%；深证成指现涨0.4%，上证综指现涨0.12%，科创50指数涨1.5%，此前一度涨5%。

ronniechua The RatingDog China General Services PMI rose to 54.4 in May 2026, up from 52.6 in April, exceeding expectations of 52.3. This increase indicates the strongest growth in services since February, driven by a rise in new orders and improved export orders. Additionally, the RatingDog China General Composite PMI increased to 54.0 in May from 53.1, indicating the highest level since February and showing a boost in private-sector business activity. The latest data reflects the second-fastest expansion in two years, supported by a stronger services sector and growth in manufacturing. Separately, the People’s Bank of China (PBoC) announced that it conducted zero reverse repo operations, citing primary dealers' funding needs in its open market operations. On Wednesday, the Shanghai Composite rose 0.45% to 4,067, while the Shenzhen Component extended its previous-session advance, rising 1.3% to 15,797, and the offshore yuan weakened to 6.76 per dollar, retreating from a more than three-year high reached in the previous session. ETFs: (NYSEARCA: FXI ), (NYSEARCA: KWEB ), (NYSEARCA: CQQQ ), (NASDAQ: MCHI ), (NYSEARCA: ASHR ), (NYSEARCA: YINN ), (NYSE: TDF ), (NYSEARCA: CHIQ ), (NYSEARCA: GXC ), (NYSEARCA: EWH ), (NYSEARCA: KBA ), (NYSEARCA: YANG ), (NASDAQ: CXSE ), (NYSE: CAF ), (NYSEARCA: CWEB ), (NASDAQ: PGJ ), (NYSEARCA: KURE ). Currency: ( CNY:USD ) More on China markets and economy: GXC: Deflation And Unemployment Spiral Risks For China FXI And MCHI: China Is A Perfect Example Of A Value Trap Trump-Xi Summit: Rare Earths, Oil, And A Fragile Truce Asian tech shares rally past Middle East tensions; Nikkei climbs to record Economic convergence remains intact despite globalization slowdown, Goldman says

JHVEPhoto Shopify ( SHOP ) ( SHOP:CA ) Tuesday said that its Board of Directors has authorized an additional $3B for the repurchase of Class A subordinate voting shares, bringing its aggregate repurchase authorization to $5B. As of June 1, 2026, Shopify ( SHOP ) has repurchased approximately $1.45B under its current authorization. Shopify will continue to execute the program using pre-arranged algorithmic trading instructions, with no set quarterly or annual minimums. More on Shopify Inc Shopify Inc. 2026 Q1 - Results - Earnings Call Presentation Shopify: Growth Acceleration (Rating Upgrade) Shopify: Buying The Post-Earnings Dip Makes Complete Sense (Review) Thrive Capital makes $100M bet on Shopify's AI ambitions SA analyst upgrades/downgrades: AMD, QCOM, SHOP, ANGI

全栈 AI 明星股谷歌(GOOGL.US) ，近期的股价有点颓势。而就在此时，公司宣布新增募资 800 亿外部资金投入到 AI 基建中。过去一年谷歌在 6 个不同市场通过发行债券筹集了超 850 亿美元的资金，但此次募集金额属于单轮最大规模。 至于钱怎么用，公司也说了个大概： 800 亿新增筹资，主要用于扩大 AI 基础设施规模、同步买入看涨期权以部分对冲可转换优先股未来的股权稀释影响，以及用于为员工期权归属时代缴税款。 但说到底，募资的本质还是用在 AI 投入上，以保持日常运营的现金流顺畅。围绕这次融资，海豚君认为有几点值得讨论： 1、2027 年 Capex 的 “显著增长”，顶格预算可以到多少？ 作为一个单季度经营现金流（OCF）400-500 亿，账上现金 + 短期投资 1268 亿，短期商业票据 250 亿、长期有息债务 775 亿，严格标准下拥有 250 亿净现金的巨头而言，理论上讲，一年 2500 亿以内的 Capex 还是勉强能承受的。 除非，谷歌对明年的投入预算不止 2500 亿，那么地主家的余粮也不多了，融资的迫切性就来了。 Q1 财报中管理层指引 2026 年的 Capex 目标在 1800-1900 亿， 并预计 2027 年的投入还将 “显著增长”。 而此次 800 亿募资后，在后续不进行更多融资的假设下，可预留给明年 Capex 的最大理论空间—— 即 27 年 2400 亿 OCF（预计增长 20%）+800 亿募资额= 3200 亿，以及油门踩到底再往上加 250 亿净现金，也就是近 3500 亿的资金额度 ，这在 2026 年预算基础上差不多也已经接近翻倍了。 2、为什么需要继续扩大投入？ 谷歌在 AI 基础算力加大投入是必要的。 在 AI 巨头战中，谷歌采取的全栈 AI 战略吃到了红利，但同时也为自己四面树敌 ——云服务（亚马逊、微软，以及 Neocloud）；AI 芯片（英伟达、亚马逊）；大模型（Anthropic、OpenAI），同时还有 AI 应用场景——自动驾驶上，Waymo 与特斯拉的竞争。 但从目前的数据中心投入来看，谷歌的投建产能还跟不上自己想要达成的雄图霸业。根据 SemiAnalysis 在 5 月底的统计（如下图），按目前的进展测算 2027 年的数据中心算力增量，谷歌新增产能（26/27 年分别新增 3GW、...

moomoo AI on Micron's DRAM Position: The Nuance No Headline Gave Me Moomoo

(RTTNews) - voestalpine (VAS.DE, VOES.VI) reported that its fiscal year profit after tax, before deduction of non-controlling interest, improved to 424 million euros from 179 million euros, prior year. The operating result or EBITDA rose to 1.5 billion euros from 1.3 billion euro

格隆汇6月3日｜平安证券研报指出，隆鑫通用深耕动力机械领域，宗申入主开启发展新周期。2025年为股权变更后首个完整经营年度，公司营收191.35亿元，同比+13.75%，归母净利润16.48亿元，同比+46.95%，业绩实现高质量稳健增长。认为公司凭借深厚的技术积淀，自有品牌“无极”持续深耕欧洲摩托车市场，市占率有望进一步提升，借助欧洲高地市场，辐射中南美洲、非洲等新兴地区，全球化布局持续推进；三轮车、全地形车有望借助“无极”势能，保持快速增长。首次覆盖，给予隆鑫通用“推荐”评级。

创业板指午后持续回落，现涨幅收窄至1.17%，此前一度涨超4%。

The possibility is more likely than one might think.

Key PointsElon Musk has reportedly told colleagues that a merger might make sense.

photo_Pawel/iStock via Getty Images Economic Cycle May saw a continued divergence between the economy and markets, as growth showed signs of moderation while markets pushed ever higher. Economic data released during the month suggested the economy entered the second quarter with less momentum than previously believed, as first quarter GDP growth was revised lower and consumer spending growth slowed from earlier estimates. Despite softer data, labor market conditions remained resilient, providing likely support for consumer spending from here, while easing energy prices as a result of easing geopolitical tensions helped alleviate some of the inflation concerns that emerged earlier in the spring. As a result, markets continued to process the mixed signals of an economy exhibiting slower but resilient growth. Equity Markets Equity markets extended their advance in May, with the S&P 500 recording a series of new all-time highs throughout the month. In many respects, market leadership and return concentration looked remarkably similar to April, with growth-oriented sectors and large-cap technology companies continuing to drive the majority of gains. Information Technology significantly outperformed every other sector, supported by strong earnings results and continued enthusiasm surrounding artificial intelligence. Emerging markets also benefited from their exposure to technology and semiconductor supply chains, while mid-cap and small-cap stocks lagged the broader market. Easing geopolitical tensions, meanwhile, had the two-fold effect of energy sector weakness (on account of falling oil prices) but improved investor optimism, helping to support risk appetite more broadly. Fixed Income Markets Fixed income markets generated positive returns in May as Treasury yields ended the month only slightly higher across much of the curve. Markets continue to expect the Federal Reserve may need to keep policy tighter for longer on account of inflation concerns, but the move higher ...

Tomato prices rose nearly 40% year-over-year to $2.69 per pound in April, pressuring Campbell's (CPB) and Conagra (CAG), both of which are already facing margin headwinds.

【有線新聞】房屋局指「解說專隊」正向宏福苑業主講解銀行業特別按揭安排，並已轉介約60宗個案。 房屋局局長何永賢在社交平台發文，稱宏福苑部分業主收到「接受收購建議信件」後，不知道如何處理按揭，因此「解說專隊」已開始為居民提供指南，講解銀行業界協助業主過渡的特別按揭安排。當局又主動與銀行公會及14間銀行溝通，會在業主同意下轉介個案，並附上具體查詢內容，銀行會派員在一兩個工作天內致電解說。至今已轉介約60宗個案，佔宏福苑整體按揭個案約兩成。

周三比特币跌至今年2月以来低位，各类资产持续分流资金，投资者纷纷撤出加密货币市场。 这款全球市值第一的加密货币最低下探至65385美元，日内跌幅2.3%。此前美股标普500指数、纳指100指数已于周二收盘创下历史新高；亚太股市普遍走强，日经225指数周三同样刷新历史纪录。 QCP交易部表示：核心诱因在于市场流动性轮换。“股市持续走强不断分流存量资金，加密行业正遭遇资金竞争，原本布局加密资产的投资者以及传统资管机构，都被景气度更佳的股市行情吸引。” QCP补充称，投资者正抛售比特币回笼资金，转战私募市场，或是参与SpaceX、OpenAI、Anthropic等重磅企业IPO申购，这批IPO也是本年度市场关注度最高的上市项目。 价位层面，市场分析师紧盯6.5万美元区间支撑位，一旦该点位失守，比特币或将迎来更深幅度下跌。 BTIG技术策略师乔纳森・克林斯基表示：“比特币必须守住65000美元关口，这是冲击年内低点60000美元前最后的关键支撑。” QCP机构观点相近： “初步支撑位于63500美元上下500美元左右，该区间在今年二、三月曾多次出现买盘托底。若跌破此区间，行情将看向62000美元，随后是关键心理关口暨本轮周期低点60000美元；再往下，下一重要支撑位落在58000美元。” 责任编辑：江学思

格隆汇6月3日｜花旗发表研报指，腾讯自公布第一季业绩后的过去10天内已加大股份回购力度，平均每天回购100万至110万股，或每日约5亿港元，累计回购金额达45亿至50亿港元，显示管理层对基本面展望的信心，并认为股价被低估。该行指出，如果微信AI智能体的测试进展顺利，并在未来1至2个月内向所有用户推出，相信股价将有潜在上升空间。该行维持公司“买入”评级，续予目标价763港元。

《大陸產業》DeepSeek融資擬籌資約500億人民幣 騰訊、寧德時代領投？ 富聯網

(RTTNews) - Inditex - Industria de Diseño Textil SA (IDEXF.PK), a Spanish clothing firm, on Wednesday reported higher profit and sales in its first quarter.

(RTTNews) - Elementis plc (ELM.L, ELMTY), a speciality chemical company, on Wednesday announced the commencement of a share buyback programme to repurchase up to approximately GBP 25 million of its ordinary shares by February 28, 2027.

Watchdog says ‘publishers will now have effective tools to prevent content being used to power AI features in search’ Publishers will be able to opt out of their content being used to train Google’s AI models and power its search summaries, the UK competition watchdog has announced as it imposes new conduct requirements on search services. “Publishers will now have effective tools to prevent their content being used to power AI features in search, such as AI Overviews,” the Competition and Markets Authority said. Continue reading...

Revolut CEO Nikolay Storonsky could be set for a $76 billion fortune in stock if the bank he founded can pull off a near-$200 billion initial public offering that it's planning within the next two years. Storonsky’s wealth and its prospective jump hinges on Revolut’s valuation and performance targets. The firm wants 100 million daily active customers across 100 countries. Bloomberg's Aisha S Gani has more. (Source: Bloomberg)

据科威特国家通讯社报道，当地时间3日凌晨，科威特国际机场遭无人机和导弹袭击，导致人员受伤，部分设施严重受损。目前，科威特民航总局已启动紧急预案，暂停商业航班运行，并将后续入境航班分流至备降机场。 科威特民航总局在声明中指出，此次袭击对机场1号航站楼（T1）造成了“严重破坏”，数名伤者已被送往医院接受必要治疗。科威特军方随后证实，袭击由“敌对无人机”实施。 另据美军中央司令部当日发表的声明，除科威特机场遭遇袭击外，伊朗方面还向该地区其他邻国发射了多枚弹道导弹。美军声称，其中两枚射向科威特的导弹在途中坠毁或解体，另有三枚飞向巴林（美军第五舰队总部所在地）的导弹被美国和巴林防空部队成功拦截，其余导弹均未击中目标。 作为报复性回应，美军中央司令部证实，美军已对伊朗格什姆岛（Qeshm Island）上的军事目标实施了“自卫式”打击，摧毁了部分导弹与无人机控制据点。 截至目前，伊朗方面尚未对科威特机场遇袭事件作出回应。但在早些时候，伊朗伊斯兰革命卫队曾发表声明称，为回应美军此前对格什姆岛南部通信设施的袭击，其已动用导弹和无人机对美军驻巴林第五舰队总部及某地区国家的空军基地实施了精确打击，并警告任何针对伊朗的挑衅都将遭到“更严厉的报复”。 责任编辑：龙运翔

lechatnoir/E+ via Getty Images In this article, I cover the WisdomTree US MidCap Dividend Fund ETF ( DON ), which, according to Seeking Alpha’s Quant Ratings , ranks 668/769 in its asset class and 86/94 in its sub-class. I currently assign a ‘Hold’ rating to the fund based on its decent dividend profile, reasonable valuation metrics, and diversified exposure to dividend-paying small- and mid-cap equities. While the fund offers investors a higher yield than many comparable SMID-cap alternatives and trades at modest valuation multiples, DON has consistently lagged many peers on both a risk-adjusted and absolute return basis. Additionally, in my view, the fund’s relatively higher expense ratio and limited exposure to technology and other high-growth sectors may constrain future performance. Fund Overview The WisdomTree US MidCap Dividend Fund has an inception date of June 16 th , 2006, providing investors 20 years of performance and fund management to consider. As of June 1 st , 2026, the fund has $3.87 billion in AUM. As per the fund’s website , the fund aims “to track the investment results of dividend-paying mid-cap companies in the U.S. equity market.” The fund targets both growth and income and is positioned in a way to complement or replace midcap value or dividend-oriented active and passive strategies, while targeting demand for growth potential and income focus. For the purposes of my analysis, I have gathered data for various other funds that receive a higher rating per Seeking Alpha’s Quant Rating system. These funds include the iShares Micro-Cap ETF ( IWC ), Invesco S&P SmallCap Momentum ETF ( XSMO ), iShares Russell 2000 ETF ( IWM ), and the Fidelity Enhanced Small Cap Core ETF ( FESM ). For small-cap and mid-cap comparative purposes, I look to the Vanguard Mid-Cap Index Fund ( VO ) and the Vanguard Small-Cap Index Fund ( VB ). Additionally, for mid-cap dividend-paying alternatives, I point to the ProShares S&P MidCap 400 Dividend Aristocrats ETF ( REGL ) ...

格隆汇6月3日｜澳大利亚S&P/ASX200指数收盘上涨75.60点，涨幅0.87%，报8800.00点。

格隆汇6月3日｜美银证券发表报告指，内地新的境外投资指引虽然并非直接针对房地产，但可能增加资金出境的难度与延迟，或会收紧香港市场流动性并抑制买家价格预期，尤其影响大额物业成交。报告预期，今年余下时间楼价升幅将会放缓，维持全年楼价升约10%的预测，但认为楼价升15%或更进取的预期不太可能实现。 因应上述不确定性，该行下调三只香港地产股的目标价，新鸿基地产目标价下调6%至136港元，以反映高端住宅需求不明朗，维持“中性”评级；九龙仓集团目标价下调9%至26港元，同样忧虑高端住宅需求放缓，维持“中性”评级；恒隆地产目标价下调14%至9.5港元，以反映近期内地奢侈品消费放缓，维持“买入”评级。该行续看好估值具吸引力的收租股及防守性较强的地产股，维持对领展及太古地产的“买入”评级。防守性发展商方面，该行看好信和置业及长实集团。

Google search is facing a series of targeted rules that a UK regulator says will secure a fairer deal for publishers and consumers and improve its services at the same time. The Competition and Markets Authority (CMA) said it was giving Google nine months to implement the so-called "conduct requirement" it was imposing. The competition watchdog announced the move after handing Google "strategic market status" for its search services last year due to "substantial and entrenched market power", as more than 90% of searches in the UK were taking place on its platform.