格隆汇6月5日｜高盛集团资产配置研究主管称，在科技股投机性仓位增加后，近期该板块遭到的抛售是一个健康信号。“这是一波非常强劲的上涨行情，极大地推动这些动量股走高，” Christian Mueller-Glissman表示，提及了杠杆ETF和期权头寸增加。“出现一些整理或许并非坏事。”在博通发布令人失望的业绩展望后，Mueller-Glissman警告不应将周期性极强的科技硬件和半导体行业的表现泛...
格隆汇6月5日｜高盛集团资产配置研究主管称，在科技股投机性仓位增加后，近期该板块遭到的抛售是一个健康信号。“这是一波非常强劲的上涨行情，极大地推动这些动量股走高，” Christian Mueller-Glissman表示，提及了杠杆ETF和期权头寸增加。“出现一些整理或许并非坏事。”在博通发布令人失望的业绩展望后，Mueller-Glissman警告不应将周期性极强的科技硬件和半导体行业的表现泛化。在他看来，如果投资者开始质疑今年迄今推动市场上涨的强劲盈利增长，将是股市面临的最大威胁。
Good morning . The AI trade is wobbling as investors pull back from tech. SpaceX fever is intensifying despite a setback to its S&P 500 ambitions. And we’re looking ahead to Apple’s high-stakes AI reset. Listen to the day’s top stories . — Hellmuth Tromm Market Snapshot S&P 500 Futures 7,571.25 -0.4% Nasdaq 100 Futures 30,218.00 -0.9% Bloomberg Dollar Spot Index 1,202.44 -0.2% Market data as of 06...
Good morning . The AI trade is wobbling as investors pull back from tech. SpaceX fever is intensifying despite a setback to its S&P 500 ambitions. And we’re looking ahead to Apple’s high-stakes AI reset. Listen to the day’s top stories . — Hellmuth Tromm Market Snapshot S&P 500 Futures 7,571.25 -0.4% Nasdaq 100 Futures 30,218.00 -0.9% Bloomberg Dollar Spot Index 1,202.44 -0.2% Market data as of 06:49 AM ET. Data is subject to provider delays. After weeks of gains, investors are taking money off the table. The Nasdaq is leading the way lower as investors rotate out of tech, a sharp pullback from the AI-fueled rally that’s dominated the year to date. The risk-off mood is also hitting overseas markets such as South Korea . Oil steadied as hopes for US-Iran talks offset tensions in Lebanon after Hezbollah rejected a ceasefire proposal. It’s also a big jobs report day on Wall Street. US nonfarm payrolls probably posted solid gains in May, suggesting hot March and April readings reflected underlying momentum rather than a fleeting rebound. A weak print has the potential to force a painful rethink in Treasury markets, where investors are positioned for future Federal Reserve rate hikes . One small setback for SpaceX: S&P Dow Jones Indices rejected proposals to fast-track mega-cap IPOs into major indexes, meaning the company will need to wait at least a year after listing to join the S&P 500. Analysts are still excited, forecasting 100-fold AI revenue growth by the end of the decade as Elon Musk left investors starstruck at a JPMorgan event. But it looks like Chinese investors will have to sit it out on national security grounds. What if AI Took Your Job And You Still Got $60,000 a Year? Read more Xavier Becerra is projected to advance in the California governor’s race after gaining 26% of votes counted . The next question is who’ll face the former congressman and US health secretary in November’s general election: British-born Republican Steve Hilton or fellow Democrat Tom...
Earnings Call Insights: lululemon athletica inc. (LULU) Q1 2026 Management View "As we closed Q1 and entered Q2, we faced a few headwinds and a moderating sales trend" (Interim Co-CEO & CFO Meghan Frank), citing "spikes of negative commentary in the media and on social channels" and that "not all of our product launches have met our expectations." "Our priorities are straightforward. Strengthen pe...
Earnings Call Insights: lululemon athletica inc. (LULU) Q1 2026 Management View "As we closed Q1 and entered Q2, we faced a few headwinds and a moderating sales trend" (Interim Co-CEO & CFO Meghan Frank), citing "spikes of negative commentary in the media and on social channels" and that "not all of our product launches have met our expectations." "Our priorities are straightforward. Strengthen performance in North America while continuing to expand our global growth engine" (Interim Co-CEO & CFO Frank), while also saying, "we are moving with urgency to make the necessary adjustments to reaccelerate momentum, particularly in North America." "We are chasing 20% more volume this year relative to last year" and "inventory units down approximately 4%" (Interim Co-CEO & CFO Frank), alongside a speed-to-market update: "We have also reduced our mainline product development process from 18 to 24 months to 15 to 16 months, and we are working to further reduce it down to 12 to 14 months." "In Q1, I'm encouraged that we have experienced a sequential improvement in our full price sales relative to Q4" (Interim Co-CEO, President & Chief Commercial Officer Andre Maestrini), while adding, "In Q2, based on recent sales trends, our guidance assumes higher levels of seasonal clearance." "To shift the narrative in this competitive market, we are moving with speed to invest more in marketing, community experiences and product stories" (Interim Co-CEO & CFO Frank), pointing to upcoming activations including the return of SeaWheeze in Vancouver and "new collaborations" to create "energy and excitement." Outlook The company guided Q2 revenue to $2.45B-$2.475B ("a decline of 2% to 3%") and Q2 EPS to $1.76-$1.81 (Interim Co-CEO & CFO Frank). For Q2 by region, management said it expects North America to "decline in the low double digits," China Mainland to "increase in the mid- to high teens," and Rest of World to "increase in the high single to low double digits" (Interim Co-CEO & CFO Frank...
Vasile Jechiu/iStock via Getty Images Six Flags Entertainment Corporation ( FUN ) announced on Friday that it is expanding its flexible, subscription-style membership program to six additional parks starting June 8. The expansion gives guests year-round, multi-park access across designated regions for a lower monthly rate. The theme park operator described the program as an alternative to traditio...
Vasile Jechiu/iStock via Getty Images Six Flags Entertainment Corporation ( FUN ) announced on Friday that it is expanding its flexible, subscription-style membership program to six additional parks starting June 8. The expansion gives guests year-round, multi-park access across designated regions for a lower monthly rate. The theme park operator described the program as an alternative to traditional season passes by offering continuous 12-month access instead of a seasonal cutoff and is designed to meet modern consumer preferences for flexibility and budget-friendly payments. Guests make an initial payment followed by monthly installments, lowering the upfront cost of visiting the parks and encouraging more frequent visits beyond the key summer season. The expanded rollout brings Memberships for the first time to Carowinds and Carolina Harbor in Charlotte, Dorney Park & Wildwater Kingdom in Pennsylvania, Kings Dominion & Soak City in Virginia, Kings Island & Soak City in Ohio, Knott’s Berry Farm & Knott’s Soak City in California, and Schlitterbahn New Braunfels in Texas. Six Flags ( FUN ) highlighted that membership benefits include free or discounted parking, food and merchandise discounts, and “bring-a-friend” offers, with higher tiers adding advantages like expedited entry and preferred parking. During Q1, attendance was up 4% year over year, but Six Flags ( FUN ) generated more revenue per capita during the quarter. The increase in per capita spending reflects a 3% increase in admissions per capita spending and a 10% improvement in in-park product per capita spending. The company noted that the increase in admissions per capita spending in the quarter reflects the positive impact of changes in pricing and product structure, as well as a favorable shift in ticket sales to higher-priced products. More on Six Flags Six Flags Entertainment Corporation (FUN) Q1 2026 Earnings Call Transcript Six Flags: Why This Quarter Strengthened My $30 Case (Rating Upgrade) Six Fl...
In recent trading, shares of Veracyte Inc (Symbol: VCYT) have crossed above the average analyst 12-month target price of $48.80, changing hands for $49.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Veracyte Inc (Symbol: VCYT) have crossed above the average analyst 12-month target price of $48.80, changing hands for $49.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Lennar Corp (Symbol: LEN) have crossed above the average analyst 12-month target price of $91.57, changing hands for $91.88/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Lennar Corp (Symbol: LEN) have crossed above the average analyst 12-month target price of $91.57, changing hands for $91.88/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of TC Energy Corp (Symbol: TRP) have crossed above the average analyst 12-month target price of $68.65, changing hands for $68.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of TC Energy Corp (Symbol: TRP) have crossed above the average analyst 12-month target price of $68.65, changing hands for $68.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of Essex Property Trust Inc (Symbol: ESS) have crossed above the average analyst 12-month target price of $283.52, changing hands for $284.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
In recent trading, shares of Essex Property Trust Inc (Symbol: ESS) have crossed above the average analyst 12-month target price of $283.52, changing hands for $284.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
In recent trading, shares of Oscar Health Inc (Symbol: OSCR) have crossed above the average analyst 12-month target price of $21.20, changing hands for $23.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of Oscar Health Inc (Symbol: OSCR) have crossed above the average analyst 12-month target price of $21.20, changing hands for $23.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers. The Hong Kong Monetary Authority (HKMA) said on Friday it had established a Tokenised Bond Expert Group comprising 21 institutions spanning banks, law firms, mark...
Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers. The Hong Kong Monetary Authority (HKMA) said on Friday it had established a Tokenised Bond Expert Group comprising 21 institutions spanning banks, law firms, market infrastructure providers and digital asset companies to support the development of the city’s...