Veracyte’s VCYT shares have surged 65.8% over the past year, showing impressive momentum. It has significantly outperformed the industry’s 4.8% decline and the S&P 500 composite’s 33.1% gain. Presently carrying a Zacks Rank #3 (Hold), the global diagnostics company continues to benefit from the robust performance of Afirma and Decipher tests. Their solid growth potential, along with strategic investments in the long-term growth drivers, is highly promising. Based in San Francisco, CA, Veracyte offers advanced genomic tests that combine deep scientific, clinical and machine-learning expertise with other capabilities. Presently, the portfolio includes Afirma (for thyroid cancer), Decipher Prostate (prostate cancer), Prosigna (breast cancer) and Decipher Bladder (bladder cancer), with additional tests in development. The company also has operations in San Diego, CA; Austin, TX; and Haifa, Israel. Key Catalysts for VCYT’s Growth The rally in the company’s share price can be linked to the strength of both Afirma and Decipher Prostate tests. In the first quarter of 2026, Afirma volumes increased about 12% year over year to approximately 17,200 tests, and revenues rose 21%. In first-quarter 2026, Decipher volume grew 24% year over year to approximately 28,000 tests and revenues increased 30%. Management also noted traction in advanced disease, with nearly 30% growth across high-risk categories, such as radical prostatectomy, biochemical recurrence and metastatic disease, in the quarter. Investors are impressed with Veracyte’s efforts to prioritize expansion into minimal residual disease and recurrence testing, broader international access through IVDs and novel products that address new clinical questions. In the first quarter, management reiterated that TrueMRD remains the next platform extension and said it is on track to launch TrueMRD for muscle-invasive bladder cancer by the end of the second quarter, initially targeting recurrence monitoring after curative-intent the...

Five Below, Inc. FIVE delivered strong ticket growth during fiscal 2025, reflecting improving customer spending patterns and the success of its merchandising and pricing initiatives. During the fourth quarter, comparable sales increased 15.4% year over year, supported by 8% growth in comparable ticket and 7% growth in comparable transactions, demonstrating balanced momentum between higher traffic and larger basket sizes. The company’s evolving pricing strategy played a significant role in driving ticket expansion. Five Below successfully introduced products at higher price points such as $7, $10 and $15 while continuing to maintain strong value perception among customers. Management noted that shoppers responded positively to the expanded assortment because the products delivered compelling relative value and were merchandised naturally within core shopping categories rather than being isolated. Trend-driven merchandising also supported stronger customer spending. Viral products, collectibles, beauty items, toys and licensed merchandise helped increase basket sizes across stores. The company’s enhanced ability to respond quickly to social media trends and amplify viral demand through digital marketing channels improved customer engagement and encouraged incremental purchases. Operational improvements further strengthened ticket growth. Five Below invested in better in-stock levels, improved replenishment processes and additional labor support during peak shopping periods. These efforts ensured stronger product availability and a smoother shopping experience, allowing the company to convert higher traffic efficiently into larger transactions and stronger sales productivity. Management expects ticket growth to remain an important contributor to comparable sales in fiscal 2026. The company indicated that average unit retail expansion and ticket growth trends seen during the fourth quarter are expected to continue into the first quarter, reinforcing confidence in the su...

美國國務卿魯比奧表示，美方與伊朗的談判可能有新進展，其中在霍爾木茲海峽開放問題上已經有「比較確定」的方案。在北京，外交部表示，美伊雙方應當通過對話協商，達成兼顧各方關切的解決方案，盡快重開航道。 外交部發言人毛寧稱︰「中方在伊朗局勢上的立場十分明確，這是一場本就不該發生的戰爭，也沒有任何進行下去的必要。早一點找到解決出路，對美伊雙方有利，也對地區各國和整個世界有利。近來美伊實現停火，探索通過談判解決問題，受到地區國家和國際社會的歡迎。」 毛寧指出︰「中方始終認為對話談判才是正道，武力解決沒有出路，對話的大門既然打開就不應當再次關上，應當穩住局勢的緩和勢頭，堅持政治解決的大方向，通過對話協商達成兼顧各方關切的解決方案，盡快重開航道，回應國際社會的呼聲，共同維護全球產供鏈的穩定暢通，盡快達成全面持久停火，推動中東海灣局勢，早日恢復和平穩定。自從戰事爆發以來，中方一直在為止戰奔走、為和平盡力。習近平主席鄭重提出了維護和促進中東和平穩定的四點主張，中方將繼續秉持習近平主席四點主張的精神，同國際社會一道，為和談提供更大的助力，為最終實現中東地區持久和平發揮建設性作用。」

Google rolls out AI-powered ad formats at Marketing Live Proactive financial news

Alphabet Inc (NASDAQ:GOOG)'s Google unveiled a suite of artificial intelligence-driven advertising products at its annual Google Marketing Live event, targeting expanded wallet share from both offline budgets and social media platforms as it moves to cement its position in the emerging agentic...

Heathrow, west London, broke the record on Monday, with temperatures in the mid-to-high 20s away from the south-east of England.

Intuitive Surgical’s ISRG Ion platform is increasingly emerging as a potentially meaningful growth engine, supported by accelerating procedural adoption and growing clinical validation in lung cancer care. In the first quarter of 2026, Ion procedures grew 39% year over year to 43,000, substantially outpacing overall company procedure growth and reinforcing management’s conviction that the platform can play a larger role in pulmonary diagnostics and intervention. Management reiterated that Ion’s key achievement is improving lung cancer patient survival, positioning the platform as more than just an incremental robotic product. Clinical evidence is strengthening the case. A recently published Mayo Clinic study, evaluating approximately 2,000 patients, demonstrated that Ion-supported robotic bronchoscopy achieved a 79% diagnostic yield under strict ATS/ACCP consensus definitions and an 85% sensitivity in detecting malignancy. The study demonstrated a significant shift toward earlier-stage diagnosis, with the proportion of primary lung cancers detected at an early stage increasing from 46% in 2019 to 69% in 2024. Because earlier detection is closely linked to better survival outcomes, the findings highlight Ion’s potential to meaningfully improve the lung cancer treatment pathway. Intuitive Surgical is also pursuing an integration roadmap aimed at streamlining diagnosis and staging. Management is progressing well with its rapid on-site tissue evaluation (ROSE) and endobronchial ultrasound (EBUS) integration. These technologies could allow physicians to move from detection to diagnosis and lymph node staging during a single anesthetic event. The Mayo study showed that 74% of patients underwent concurrent EBUS staging, highlighting the clinical value of an integrated workflow. Ion could materially expand Intuitive Surgical’s total addressable market (TAM) over the long term in the lucrative lung cancer market. By improving access to minimally invasive biopsy, accelerating...

Alcoa Corporation AA and Ryerson Holding Corporation RYZ are prominent players in the aluminum industry, supported by global operations and diversified business portfolios. With aluminum prices remaining elevated amid global economic uncertainty and persistent trade tensions, a comparison of these industry participants is increasingly relevant for investors seeking exposure to the Zacks Metal Products - Distribution industry. Aluminum has emerged as an appealing investment opportunity in recent years, driven by rising demand for lightweight and energy-efficient electric vehicles, increased use of recycled aluminum and advancements in rechargeable batteries. Demand for the metal continues to grow as industries increasingly prioritize sustainability and operational efficiency. Moreover, the steady recovery and expansion of global air travel have prompted aircraft manufacturers to increase production, boosting demand for aluminum alloys used in fuselages and wings. Which stock currently presents the stronger investment case? A closer look at their fundamentals, growth prospects and key headwinds can help determine which company offers the more compelling opportunity for investors today. The Case for Alcoa Alcoa is benefiting from strong momentum in its Aluminum segment, driven by healthy demand across packaging, electrical and transportation end markets. The segment’s production capacity has expanded following the restart of the San Ciprián smelter in Spain, Alumar in Brazil and Lista in Norway. In the first quarter of 2026, the Aluminum segment’s third-party sales rose to $2.54 billion from $1.91 billion reported in the prior-year quarter. In May 2026, Alcoa announced a $65 million investment to expand production capabilities at its Mosjøen smelter in Norway, enabling the use of recycled aluminum in the casting process and increasing capacity by up to 75,000 metric tons. The investment will strengthen AA’s low-carbon aluminum portfolio, expand alloy flexibility and su...

PepsiCo, Inc. PEP is leaning heavily on innovation and portfolio transformation to reignite growth momentum in 2026. The company has been rolling out a broad range of new products across snacks and beverages, while refreshing core brands with improved value offerings, updated packaging and stronger marketing support. Management noted that innovation remains central to its “Hungry for Growth” strategy, with launches spanning functional snacks, better-for-you beverages and flavor extensions aimed at attracting new consumers and driving repeat purchases. Early signs suggest these efforts are beginning to gain traction, particularly in North America Foods, where volume growth returned during the first quarter. PepsiCo’s innovation pipeline is increasingly focused on health-conscious and functional categories, areas seeing faster consumer demand growth. The company highlighted strong momentum in brands such as Smartfood, SunChips and Siete, while also expanding offerings with low sugar, no artificial colors and protein-focused innovations. New launches, including Doritos Protein, Smartfood with fiber and reformulated Gatorade products, are expected to gain broader distribution through the summer as shelf resets continue across retail channels. Management indicated that many innovation launches are currently only at 40-50% ACV distribution, leaving significant room for expansion in the coming quarters. Beyond product innovation, PepsiCo is pairing its growth initiatives with aggressive productivity improvements to fund investments and strengthen execution. The company is using AI, digital ordering systems and supply-chain optimization to improve efficiency while reinvesting savings into advertising, promotions and category expansion. PepsiCo also sees major opportunities tied to global events like the World Cup, where innovation, personalized marketing and occasion-based campaigns are expected to accelerate brand engagement worldwide. With strong momentum in international...

SweetBunFactory/iStock via Getty Images I previously rated NVIDIA Corporation ( NVDA ) as a Strong Buy in March 2026, thanks to the excellent margin of safety from the deep value and profitable growth valuations. In this article, I shall discuss why NVDA remains a Strong Buy here, with the market's pessimism surrounding the growing adoption of custom ASICs and the consequently discounted valuations triggering an excellent risk/reward. NVDA Remains The King Of GPUs NVDA 1Y Stock Price (TradingView) Since my last Strong Buy rating, NVDA has delivered an excellent stock price return of +18% compared to the wider market at +8.6%, albeit somewhat underperforming some of its AI accelerator peers despite the supposedly recovering AI sentiments. This is despite NVDA already delivering the outsized FQ1'27 metrics across: the data center revenue growth to $75.24B in FQ1'27 (+92.3% YoY) , the excellent pricing power at adjusted gross margins of 75% (+14.2 points YoY/+13.3 from FY2019 levels of 61.7% ), and the consequently growing adjusted EPS performance at $1.87 (+139.7% YoY). This is on top of the FQ2'27 revenue guidance of $91B at the midpoint ( +121.4% YoY ) and adjusted gross margin guidance of 75% (+2.3 points YoY)—all of which are impressive numbers, despite the assumption of zero “Data Center compute revenue from China in its outlook.” 1. ASIC Competition Risks On the one hand, the pessimism embedded in NVDA's tepid stock price action post-FQ1'27 earnings call may be attributed to the growing external adoption of custom Application-Specific Integrated Circuit [ASIC] chips, attributed to the typically lower Total Cost of Ownership [TCO]. The same has been observed in Alphabet Inc. ( GOOG , GOOGL ), beginning “to deliver TPUs to a select group of customers in their data centers in the hardware configuration to expand our addressable market opportunity,” while embarking on a new joint venture with Blackstone Inc. ( BX ), as they launch a new company offering data center ...

SweetBunFactory/iStock via Getty Images I previously rated NVIDIA Corporation ( NVDA ) as a Strong Buy in March 2026, thanks to the excellent margin of safety from the deep value and profitable growth valuations. In this article, I shall discuss why NVDA remains a Strong Buy here, with the market's pessimism surrounding the growing adoption of custom ASICs and the consequently discounted valuations triggering an excellent risk/reward. NVDA Remains The King Of GPUs NVDA 1Y Stock Price (TradingView) Since my last Strong Buy rating, NVDA has delivered an excellent stock price return of +18% compared to the wider market at +8.6%, albeit somewhat underperforming some of its AI accelerator peers despite the supposedly recovering AI sentiments. This is despite NVDA already delivering the outsized FQ1'27 metrics across: the data center revenue growth to $75.24B in FQ1'27 (+92.3% YoY) , the excellent pricing power at adjusted gross margins of 75% (+14.2 points YoY/+13.3 from FY2019 levels of 61.7% ), and the consequently growing adjusted EPS performance at $1.87 (+139.7% YoY). This is on top of the FQ2'27 revenue guidance of $91B at the midpoint ( +121.4% YoY ) and adjusted gross margin guidance of 75% (+2.3 points YoY)—all of which are impressive numbers, despite the assumption of zero “Data Center compute revenue from China in its outlook.” 1. ASIC Competition Risks On the one hand, the pessimism embedded in NVDA's tepid stock price action post-FQ1'27 earnings call may be attributed to the growing external adoption of custom Application-Specific Integrated Circuit [ASIC] chips, attributed to the typically lower Total Cost of Ownership [TCO]. The same has been observed in Alphabet Inc. ( GOOG , GOOGL ), beginning “to deliver TPUs to a select group of customers in their data centers in the hardware configuration to expand our addressable market opportunity,” while embarking on a new joint venture with Blackstone Inc. ( BX ), as they launch a new company offering data center ...

格隆汇5月25日｜伊朗准备将高浓缩铀运出该国境内。

Gold is a commodity that you can easily buy. All you need to do is visit a coin shop and acquire a few gold coins. That's actually an expensive and inefficient option, but buying a gold-linked exchange-traded fund (ETF) such as SPDR Gold Trust (GLD 0.76%) isn't much better. Why? Because an ounce of gold can only ever be an ounce of gold. Here's the best way to invest in gold in 2026. The no-growth gold mistake There's nothing wrong with buying gold bullion or a gold-linked ETF, per se. They provide direct exposure to the precious metal and, in the case of an ETF like SPDR Gold Trust, they are fairly easy to buy and sell. The problem is that you are entirely reliant on gold's price to determine your return. If you are speculating on the price of gold over the short term, that shouldn't be an issue. However, if you are a long-term investor looking to use gold as a diversification tool, you should probably go with another approach. One commonly chosen option is a gold miner like Newmont Mining (NEM 0.64%). A miner provides exposure to gold, and the business can grow over time by increasing production. Right now, Newmont is benefiting mightily from high gold prices, producing a record $3.1 billion in free cash flow in the first quarter of 2026. Buying a company like Newmont is not a bad choice, either, but operating a mining business is very difficult, capital-intensive, and generally leads to a fairly concentrated bet on a small number of mines. Streaming and royalty companies could be better A better choice could be streaming and royalty companies like Franco-Nevada (FNV +0.15%), Royal Gold (RGLD 0.91%), and Wheaton Precious Metals (WPM 0.65%). From a top-level view, these companies provide cash up front to miners like Newmont in exchange for the right to buy gold at advantaged prices in the future. Essentially, streaming and royalty companies finance miners and are paid in gold and other precious metals. Expand NYSE : NEM Newmont Today's Change ( -0.64 %) $ -0.69 Cur...

Key Points Sandisk is on track to deliver significant earnings growth over the next couple of years. The stock has jumped phenomenally this year, but investors can still expect terrific upside. 10 stocks we like better than Sandisk › Sandisk (NASDAQ: SNDK) stock has been one of the top performers on the stock market in 2026, with shares of the memory specialist rising more than 5x so far this year. However, what's worth noting is that analysts expect Sandisk's red-hot rally to continue even after its remarkable rally. Last month, equity research firm Bernstein noted that this semiconductor stock could soar to $3,000. Analyst Mark Newman of theinvestment researchfirm believes that the booming demand for NAND flash chips and the sustained increase in pricing will be a tailwind for Sandisk. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Bernstein's $3,000 estimate is based on a significant increase in the company's earnings over the next three years, suggesting the stock will double from current levels. But can Sandisk indeed live up to Bernstein's expectations and deliver such terrific gains? Let's find out. Sandisk's valuation suggests that the market hasn't completely priced its growth potential Sandisk is trading at 50 times earnings, a slight premium to the tech-focused Nasdaq Composite index's price-to-earnings ratio of 43. However, this premium is justified by the exponential earnings growth that Sandisk has been clocking. The company's adjusted earnings in the first nine months of fiscal 2026 (which ended on April 3) jumped by 11.5x year over year to $31.32 per share. Even better, Sandisk's guidance of $31.50 in earnings per share for the current quarter points toward a massive acceleration in growth. Sandisk is therefore on track to end fiscal 2026 with $62.82 in earnings per share (based o...

格隆汇5月25日｜德国DAX指数上涨2%至25,388.27点，法国CAC指数上升2%至8,279.02点。

Key Points EchoStar’s spectrum deal with SpaceX will give it an equity stake alongside cash. EchoStar’s SpaceX stake could be worth billions if the IPO valuation holds up. EchoStar remains risky, but its growth prospects are not entirely dependent on its shrinking pay-TV business. 10 stocks we like better than EchoStar › SpaceX will be one of the most sought-after initial public offerings (IPOs) in Wall Street's history. However, with a valuation expected at close to $2 trillion, retail investors may struggle to buy in early enough to capture meaningful upside. That makes EchoStar (NASDAQ: SATS) an unusual way to get exposure to SpaceX before the rocket and satellite company starts selling stock. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » EchoStar agreed to sell 65 megahertz of wireless spectrum to SpaceX, providing support for SpaceX's Starlink to offer direct-to-device service (connecting regular phones directly to satellites). The deal was first valued at about $17 billion, but amended terms could lift the total to about $20 billion, including up to $11 billion in SpaceX stock valued at $212 per share. In May 2026, the FCC approved EchoStar's broader $40 billion spectrum sale to SpaceX and AT&T. These regulatory approvals have brought EchoStar closer to receiving cash and SpaceX stock. EchoStar's SpaceX stake is changing the story EchoStar is not a clean alternative to SpaceX. The company's legacy satellite TV business remains under pressure, with pay-TV subscribers declining by about 366,000 in the first quarter of fiscal 2026 (ending March 31, 2026). However, EchoStar has also reduced its net loss and improved its operating income before depreciation and amortization year over year. These improvements are giving investors a reason to look beyond the shrinking pay-TV business toward its s...

NIKE, Inc. NKE is pursuing several strategies to drive growth despite weakness in China and the EMEA regions. The company continues to benefit from its strong global brand equity, innovation pipeline and expanding digital ecosystem, which might help offset pressures across these regions. NIKE is focusing on product innovation across running, basketball, training and lifestyle categories, introducing footwear franchises and refreshing classic lines to maintain consumer interest. Innovation remains central to NKE’s strategy as it helps differentiate the brand in a highly competitive athleticwear market. The company is also accelerating its direct-to-consumer business through digital apps, websites and owned stores. NKE focuses on boosting member engagement via platforms like the SNKRS and Training Club. This strategy allows NIKE to build stronger customer relationships, gain consumer data insights and improve margins by reducing reliance on wholesale partners. The company is also strengthening its direct-to-consumer business through its apps, membership ecosystem and digital platforms, which support higher engagement and profitability. In North America, demand trends have shown relative stability compared with China and EMEA. In Greater China, cautious consumer spending, rising competition from domestic brands and evolving consumer preferences continue to hurt. The company is also dealing with issues related to excess inventory, promotional activity and slower product innovation in the region. In EMEA, macroeconomic uncertainty and softer discretionary spending are weighing on traffic and purchasing behavior. Promotional activity across the athleticwear industry is also affecting margins. While near-term growth may remain uneven, improvements in inventory management, product launches and digital expansion could gradually support recovery once consumer demand stabilizes. The company is focusing on localized product development, strengthening partnerships, improving dig...

The Zacks Property and Casualty Insurance industry is placed within the top 17% of the 245 Zacks industries. It currently carries a Zack Industry Rank #42. The insurers remain well-poised for growth, riding on better pricing, prudent underwriting, increased exposure, an improving rate environment, a solid capital position, and ongoing economic expansion. Price Performance Though the property and casualty (P&C) insurance industry has returned 6.4% in the past year, compared with the Finance sector’s growth of 17.9% and the Zacks S&P 500 composite’s rise of 18.4%, here are three P&C insurance stocks that have performed well over the past year, riding on strong fundamentals. Stocks like Palomar Holdings, Inc. PLMR, W.R. Berkley Corporation WRB, and Axis Capital Holdings Limited AXS have not only crushed the S&P 500 composite but also outperformed the industry and the sector in the past year. These stocks are poised to maintain the rally, given their solid prospects. Image Source: Zacks Investment Research Driving Forces Global commercial insurance rates declined 4% in the second quarter of 2025. This marked the fourth consecutive decrease in the composite rate following seven years of increases, per the Marsh Global Insurance Market Index. Price hikes, operational strength, higher retention, strong renewal, and the appointment of retail agents should help write higher premiums. Per Deloitte Insights, gross premiums are estimated to exceed $722 billion by 2030. Non-life insurers are exposed to catastrophe losses, and their profitability is vulnerable to the same. According to the Swiss Re Institute, the global insured losses from natural catastrophes reached $80 billion in the first half of 2025. This is nearly double the 10-year average and more than half of the $150 billion (in 2025 prices) estimated for 2025, following the long-term annual growth trend of 5-7%. Insured losses from severe convective storms were $31 billion in the first half of 2025, per the Swiss Re I...

Ares Management Corporation’s ARES assets under management (“AUM”) balance is steadily rising, driven by higher fee-related revenues, strong fundraising momentum and continued platform expansion. As a global alternative investment manager, Ares Management benefits from growing investor demand for private credit, real assets, secondaries and insurance-linked investment solutions. As of March 31, 2026, ARES’ total AUM was $644.3 billion, up 18% from the prior-year period. Fee-paying AUM increased 19.2% year over year, while perpetual capital AUM jumped 39.1%. This is important because fee-paying AUM directly supports management fee revenues, while perpetual capital provides a more stable and long-duration earnings base. Over 2019-2025, the company’s AUM recorded a six-year compound annual growth rate (“CAGR”) of 26.9%, reflecting strong capital inflows into private credit strategies, higher fundraising through wealth management channels and increased allocations to insurance-related managed assets. The company’s organic growth profile also remains encouraging. Revenues witnessed a six-year CAGR of 21.2% through 2025, aided by higher management and performance fees from an expanding asset base. In the first quarter of 2026, revenues rose 43.7% year over year. Management continues to target 16-20% or more annual organic growth in fee-related earnings and more than 20% annual growth in realized income over the medium term, indicating confidence in the scalability of the business. Strategic acquisitions further strengthened Ares Management’s long-term growth prospects. The February 2026 acquisition of BlueCove expanded its systematic credit capabilities, while the 2025 GCP International deal enhanced its real assets and digital infrastructure platform. These transactions broaden ARES’ product offerings and improve its ability to capture global investor demand. Current concerns in the private credit market could moderately slow Ares Management’s near-term AUM growth, as we...

格隆汇5月25日｜据瑞典北欧斯安银行在一份研报中指出，自美伊冲突爆发以来，在主要的G10经济体中，英国的利率预期经历了最为剧烈的重估调整。数据显示，自2月27日以来，市场对英国央行利率预期的净上调幅度已达106个基点。相比之下，同期美国的利率预期上调了78个基点，欧元区上调了69个基点，挪威则上调了70个基点。LSEG数据显示，目前英国货币市场已充分计入2026年将加息48个基点的预期。而在美伊冲突爆发之前，市场预期的情景是年内至少会有两次降息。

Huawei Touts Sanctions-Busting Chip Breakthrough, SMIC Shares Erupt Semiconductor Manufacturing International soared to a record high in China after Huawei unveiled what it described as a breakthrough pathway for advanced semiconductor production at the IEEE ISCAS conference, without relying on the West's most advanced chipmaking equipment. Huawei's semiconductor chief, He Tingbo, told the audience earlier today that the company has developed a "New Semiconductor Path in Practice" that replaces traditional Moore's Law-style geometric scaling with time scaling and reducing signal propagation delay across devices, circuits, chips, and systems. Huawei's press release stated : In her speech, she presented the Tau (τ) Scaling Law, a new principle for guiding the future development of the semiconductor industry. This law proposes replacing geometric scaling with time (τ) scaling as a new guiding principle for the evolution of both semiconductors and electronic systems. Based on this principle, innovative technologies such as LogicFolding can be used to continuously compress signal propagation delay and steadily improve transistor density, which will drive the ongoing evolution of semiconductors and electronic systems. Tingbo said Huawei plans to make 1.4-nanometer chips by 2031 using its own "LogicFolding" architecture. TSMC has said it expects to begin mass production of 1.4nm chips in 2028, leaving Huawei about five years behind the global leader, Taiwan Semiconductor Manufacturing. Tingbo claims LogicFolding can boost chip performance and will be used in upcoming Kirin mobile chips expected this fall. This comes as U.S. sanctions on advanced chipmaking equipment and high-end semiconductors have been aimed at slowing China's push into cutting-edge chip production. Shares of Chinese chip stocks surged, with SMIC jumping more than 18% and Hua Hong Semiconductor hitting daily limits. The view is that this is a potential breakthrough in China's effort to bypass U.S.-led exp...

格隆汇5月25日｜派诺科技公告，公司5月23日收到董事长李健通知，其收到南昌市公安局出具的《取保候审决定书》。南昌市公安局决定对其取保候审，期限从2026年5月23日起算。李健已于2026年5月24日向公司董事会提交书面辞呈，申请辞去公司董事长、法定代表人等相关职务。辞职后，李健仍将继续担任公司董事职务。

Pope Leo XIV published his first encyclical on Monday, dubbed Magnifica Humanitas, on “safeguarding the human person in the time of artificial intelligence.” And while AI is the hook, the problems Leo focuses on are older and more pervasive: inequality, war, the erosion of democracy, and the concentration of power in the hands of those who don’t necessarily care whether humanity writ large remains magnificent. Throughout the 200-page document, which the pope presented alongside Anthropic co-founder Chris Olah, Leo argues that technology built and governed by a small elite cannot, by definition, serve the common good. “When such power is concentrated in the hands of a few, it tends to become opaque and evade public oversight, increasing the risk of distorted forms of development that give rise to new dependencies, exclusions, manipulations and inequalities,” he writes. “In fact, as with every major technological shift, AI tends to amplify the power of those who already possess economic resources, expertise and access to data,” the encyclical continues, highlighting concerns that elites can use their power to “shape information and consumption patterns, influence democratic processes and steer economic dynamics to their own advantage.” The encyclical comes a few days after President Donald Trump delayed signing his executive order on AI, which would have given the government oversight over new models before they are released, reportedly on the urging of VC investor and former White House AI czar David Sacks. Pope Leo called for AI to be guided by “clear criteria and effective oversight” grounded in participation from communities that will be affected by it. More concretely, Leo called for an end to the AI arms race “for ever more powerful algorithms and larger datasets” that companies and countries believe will “secure geopolitical or commercial dominance.” “To disarm means discrediting the assumption that technical power automatically confers the right to govern,” he...

Will Micron significantly expand DDR4 production? 富途牛牛

Mercury theatre, Colchester This musical from the company behind The Play That Goes Wrong unearths the invention of acting in ancient Greece – and finds little has changed The Mischief theatre company has been making fun of actors’ foibles for years, especially in the deliriously amusing Goes Wrong series. Its first musical asks if all those rampaging egos, heated rivalries, creative differences and hammy activities can be dated back to the world’s very first acting troupe. Did the proto-thespians in ancient Greece contend with one-star reviews and attract superfans? Maybe they even played Zip, Zap, Boing and over-dwelled on their motivations? Little is known about the real Thespis, father of tragedy in the sixth century BC. Co-writers and lyricists Jonathan Sayer and Ed Zanders introduce him on the drought-plighted island of Ikaria and chart his odyssey to Athens, where he competes in a Eurovision-style prayer competition at the whim of a merciless tyrant and ends up founding the art of acting with his pals. Opa! Touring until 18 July Continue reading...

RXO (RXO +0.04%) saw MFN Partners Management, LP disclose a buy of 532,276 shares, with an estimated transaction value of $7.81 million based on quarterly average pricing, in its May 14, 2026, SEC filing. What happened According to a May 14, 2026, SEC filing, MFN Partners Management, LP bought 532,276 additional shares of RXO. The estimated value of this trade was $7.81 million, calculated using the mean unadjusted closing price of RXO for the first quarter of 2026. The fund’s quarter-end position in RXO increased in value by $62.39 million, reflecting the impact of both new purchases and share price changes. What else to know Following the buy, RXO accounts for 8.61% of MFN Partners Management, LP’s reportable 13F assets. Top holdings after the filing: NYSE: XPO: $2,222,805,539 (46.6% of AUM) NASDAQ: TLN: $957,690,000 (20.1% of AUM) NYSE: QXO: $455,483,477 (9.5% of AUM) NYSE: RXO: $410,967,352 (8.6% of AUM) NYSE: PFSI: $396,078,621 (8.3% of AUM) As of May 13, 2026, RXO shares were priced at $19.81, up 19.19% over the past year, underperforming the S&P 500 by 7.27 percentage points. Company Overview Metric Value Revenue (TTM) $5.73 billion Net Income (TTM) ($105.00 million) Price (as of market close May 13, 2026) $19.81 One-Year Price Change 19.19% Company Snapshot Provides truckload freight brokerage, managed transportation, last-mile, and freight forwarding services through a proprietary digital freight marketplace. Operates an asset-light business model, generating revenue by connecting shippers with available trucking capacity and earning fees for brokering transportation services. Serves a broad range of commercial customers across the United States, focusing on shippers seeking efficient, technology-driven freight solutions. RXO is a leading provider of truckload freight brokerage services in the United States, leveraging a proprietary digital platform to match shippers with transportation capacity. The company operates at scale, with over $5.7 billion in annu...