TD Cowen on Wednesday initiated coverage of indie Semiconductor ( INDI ) with a Hold rating, saying the company is well positioned to benefit from growing adoption of advanced driver-assistance and autonomous driving technologies but faces a long path to profitability. Brokerage set a $4 price target based on about 2.5 times its projected 2028 revenue, saying the company will need to show positive cash flow or earnings to get a higher valuation. Shares of indie were up 1% around $4 in choppy early trading. The stock has gained about 15% so far this year despite a sharp 10% decline in the Tuesday session. indie portfolio includes camera, radar, and lidar sensing technologies, along with its perception software, positioning it in a fragmented automotive sensing market. Analysts see demand for automotive sensing hardware to grow about 20% annually, creating a roughly $15B market opportunity by 2030. "We think indie has a clear right to win TAM share, but risk-reward is balanced given a long runwayto profitability," says TD Cowen Though indie has sufficient cash to fund operations, its revenue growth will need to remain above 20% annually for several years, while operating expenses have to stay largely flat, for the company to reach break-even, as per the analysts. TD expects losses to continue through 2027 and does not forecast break-even until late 2028. Its revenue estimates for 2026 and 2027 are slightly below Wall Street expectations. More on indie Semiconductor indie Semiconductor: Poor Value Investment With Good Trading Opportunities indie Semiconductor, Inc. 2026 Q1 - Results - Earnings Call Presentation indie Semiconductor, Inc. (INDI) Q1 2026 Earnings Call Transcript indie Semiconductor announces €40M CMOS acquisition from ams OSRAM Indie outlines Q2 2026 revenue of $59M-$65M while preparing radar and vision ramps

Rivian (NASDAQ:RIVN) and Lucid (NASDAQ:LCID) just gave us two very different EV stories. Rivian’s Q1 FY26 showed a real business taking shape, with software pulling weight while the R2 launch begins. Lucid’s Q4 FY25 revealed an unfinished luxury bet still burning cash faster than it can sell cars. Software Saves Rivian. Luxury Still Costs Lucid ... Rivian vs Lucid: This EV Stock Is The Better Buy

36氪「职场Bonus」（ID：ZhiChangHongLi） 具身智能和机器人的升温，带热了今年的供应链。 5月26日，上海阿里中心T2，周二的「上海具身智能核心部件·展示交流日」，可以说是 整个muShanghai机器人主题周里信息量最大的一天 。 上午七家中国公司轮番上台，下午又有几场主题演讲和圆桌对谈。台下坐着不少极客、创业者和投资人，中英混杂的提问此起彼伏。 在场的公司里，有三家做触觉传感器，一家做关节模组，一家做IMU和动捕，一家做整机，一家做双目视觉，还有一家做脑机接口。表面上看，有点像是零部件公司路演。而当他们集中亮相，我们会发现，中国机器人供应链正在从单纯的硬件零部件，升级为数据、工具链和基础设施。 机器人供应链也在加入中企出海的故事。越疆北美团队据称年底要扩到三倍，戴世也说动捕系统接下来面向国际客户，还有不少企业现场直接用英文路演，出海意愿可见一斑。 36氪「职场Bonus」（ID：ZhiChangHongLi） [触觉：三家公司的三种活法] 触觉是机器人产业链最难啃的环节。上午场，有三家公司同时讲触觉，但他们的活法完全不同。 「戴盟机器人」 选择了“单色光+图案编码”路线。使用黑白相机，在降低算力需求的同时，大幅优化系统带宽与功耗结构，实现毫米级厚度设计，使用寿命可达500万次。目前，传感器每平方厘米有效感知单元达到4万个，兼顾高分辨率与全模态，并已实现IP67级防水防尘，满足复杂工况下的长期可靠运行需求。 戴盟还推出了全球最大规模含触觉全模态物理世界具身数据集 “Daimon Infinity” 。首批 1万小时真实世界数据 已上线 阿里魔搭社区 ，包含超过2000项人类技能和300多种真实物品，覆盖16个行业、80个真实场景。据戴盟方面介绍，该数据集目前位列魔搭物理世界具身数据集下载量第一。戴盟规划年内将规模扩展至百万小时。 目前，戴盟已构建了多层级的数据采集体系。在遥操作数采设备方面，系统集成力/触觉反馈与增程功能，支持异构操控架构——不仅可控制戴盟自有本体， 也可适配宇树、智元等主流人形机器人 。 在 无本体数采设备 方面，戴盟提供高度便携化方案，数据采集员不受固定场地限制，可在室内外多种环境下灵活开展采集工作，甚至拓展至户外复杂场景。所有采集数据均附带触觉标签，实现多模态高精度对齐，为构建大规模触觉数据底座提供坚实基础。 下午，戴盟商...

halbergman/E+ via Getty Images Existing home sales rose 3.2% in May, beating expectations and reaching their highest level since December. However, economists warn the uptick is likely a “false dawn” rather than the start of a meaningful recovery. The May gain surpassed the consensus forecast of a 1% increase, pushing sales to 4.17M from 4.04M in April. Yet the broader picture remains bleak—home sales have been stuck in the same depressed narrow range for more than three years. According to Pantheon Macroeconomics, the persistent weakness in sales now reflects depressed demand rather than supply constraints. The number of existing homes on the market has crept up steadily since late 2023 and was equivalent to 4.2 months of sales in the three months to May—the highest since 2016. Pantheon Macroeconomics The renewed climb in the typical 30-year conventional mortgage rate to around 6.6% in recent weeks, from 6.1% before the Middle East conflict, suggests little prospect of home sales rising much further from here. Elevated mortgage rates are weighing particularly heavily on activity because home prices remain relatively high, restricting affordability. Pantheon estimates that the monthly mortgage payment on a new 20% loan-to-value mortgage for the typical existing single-family home was equivalent to just over 37% of the average after-tax income, compared to an average of about 25% during the 2010s. With weak consumer confidence, an anemic labor market, and near-zero population growth due to sharp cuts to immigration presenting additional headwinds, analysts expect home sales will remain in the doldrums over the next few quarters at least. Pantheon Macroeconomics More on the U.S. Housing Market Weekly Market Pulse: The Real Deal The REIT Bear Case Is Breaking Down U.S. Dollar Debasement - What Our Assets Are Actually Worth Welltower, Equinix lead XLRE quant rankings as real estate outperforms the S&P 500 Top REITs showing sustained Quant strength across the sector

A Sudanese national and Afghan national were jailed for piloting small boats across the Channel.

Viktoriya Telminova/iStock via Getty Images Overview When I previously covered the Eaton Vance Tax-Managed Buy-Write Oppty Fund ( ETV ), I issued a buy rating due to the attractive valuation and potential for tax-efficient income at the time. Since then, the fund has provided a positive total return but has underperformed against the S&P 500 Index over the same time frame. ETV has released an updated annual report since my prior coverage, so I thought it would be a good idea to reassess the fund's overall value proposition for the remainder of the year. An attractive aspect of the fund was the discounted valuation. Despite the recent market rally, ETV still trades at a deep discount to NAV of 6.79%. Referring to the red line on the graph below, we can see that this is the bottom end of its historical range. For instance, ETV has traded at an average discount to NAV of 1.53% over the last five-year period. While this initially seems like a great value opportunity, I believe the discount is actually a reflection of the fund's lackluster performance compared to alternative funds. Therefore, the valuation is a bit tricky here because buying a fund at a discount isn't that rewarding if performance is poor. CEF Data ETV now offers investors a starting dividend yield of about 8.1% while issuing those payouts on a monthly basis. Reviewing the annual report, it is clear that ETV has no issues supporting its payouts with earnings. To support this high yield, the fund uses an option strategy. The tradeoff is that the inclusion of options is severely capping the upside growth and total return of the fund, which means that ETV is missing out on a lot of gains during this market rally. So while there is still value here with ETV, the appeal of a long-term position has declined. Fund Strategy According to the latest portfolio overview , ETV has total assets of $1.8B that are spread across 150 different holdings. The fund's primary objective is to provide a high current income from...

前不久，一张据称来自英伟达中国区员工的薪酬单在社交媒体上刷屏： 截图显示，该员工 2024 年总收入高达1688.6万元。其中，月薪约 11.43 万元，基础年薪接近 100 万元，而真正拉开差距的是股票收入。数据显示，仅个人所得税一项便缴纳了 687.6 万元，扣税后实际到手仍超过千万元。 消息曝光后迅速引发热议，有人调侃：“人家一年交的税，比我一辈子赚的都多。” 如果说上述薪酬单让外界第一次直观感受到“英伟达员工到底有多赚钱”，那么最近披露的一份美国联邦政府文件，则进一步揭开了这家全球市值最高公司的薪酬体系。 数据显示，英伟达软件工程师的基础年薪最高可达 39.1 万美元（约合人民币265 万元），杰出 AI 算法工程师最高可达 47.15 万美元（约合人民币 319 万元），而部分总监级岗位的基础年薪甚至接近 50 万美元（约合人民币 339 万元）——更关键的是，这些数字还仅仅只是“底薪”。 别人缩招，它扩招：英伟达的“人才逆周期” 近年来，美国科技行业的招聘环境发生了明显变化。一方面，高利率环境和经济增长放缓让不少互联网公司开始控制成本；另一方面，美国对 H-1B 相关的审查趋严，也让许多企业减少了 H-1B 工作签证的申请数量。 公开数据显示，多家科技巨头都在缩减相关招聘规模。其中，谷歌在今年第二季度获批的 H-1B 岗位数量约为 2200 个，而去年同期约为 5100 个；亚马逊则从约 6100 个下降至 4300 个——然而，英伟达却走出了完全不同的轨迹。 根据联邦政府最新披露的文件，在 2026 财年的前两个季度，英伟达一共获批了约 1200 个 H-1B 岗位。别小看这个数字：与去年同期约 1000 个相比，不但没有减少，反而显著增加了 20%。也就是说，当不少科技公司开始踩刹车时，英伟达仍在踩油门。 对此，英伟达 CEO 黄仁勋毫不避讳。他公司内部曾多次强调，正是来自世界各地的工程师和科学家，才撑起了英伟达今天的 AI 帝国。 基本工资只是“零花钱”？真正的大头在后面 理论上，英伟达并不会主动公开所有员工的薪资信息。不过，美国企业在申请 H-1B 签证时必须提交岗位薪资数据，外界才得以从这些文件中了解部分职位的薪酬区间。 当然，那些数字仅代表基础工资，对于英伟达员工而言，真正的收入往往远远不止于此。 通常，公司还会提供 RSU 股票激励、年终奖...

格隆汇6月10日｜西北互惠财富管理公司首席投资官Brent Schutte表示，今天的通胀数据几乎无法改变一个事实：美联储在应对通胀的最后阶段遇到了巨大困难。事实上，过去几年来，通胀率持续高于2%的目标，进展甚微甚至毫无改善。尽管如此，疲软的劳动力市场却为美联储提供了降息的借口。随着劳动力市场逐渐复苏，投资者有理由思考：美联储是否需要重新将重心放在切实履行其通胀目标上。

matdesign24/iStock via Getty Images The May CPI was hot but close to estimates. The headline rate rose 0.473% last month, bringing the YoY figure to 4.249%, the highest since April 2023. Core CPI increased by less than expected, +0.208%, taking the YoY rate to 2.851%. U.S. inflation has been above the Fed’s 2% target for 63 straight months. Digging into the report, core goods prices actually declined by 0.1% last month, the first drop since the first half of 2025, as tariffs roll off the YoY view. Within that category, new car prices fell 0.3%, while used vehicle prices were nearly flat. Apparel, however, rose 0.3%. Core services CPI was elevated, but not extreme, at +0.3% last month. Shelter inflation was +0.3%, while rents ticked up a bit more by 0.4%. Owners’ equivalent rent was +0.5%, but hotel inflation was sky-high at +3.5% (likely due to the World Cup). Likewise, airfare ticket prices jumped 2.7% on the heels of higher jet fuel costs. Auto insurance inflation surprisingly fell, which kept the core rate in check last month. On a 6-month annualized basis, headline CPI is now +5.6%, and the 3-month annualized print is even hotter at 8.2%, mainly due to the surge in global oil prices. As for core, it’s softer, rising 3.1% 6-month annualized and 3.2% 3-month annualized. Supercore CPI clocked in at 3.67% in May, a multi-month high. Real average hourly earnings fell 0.4% in the past year, as workers’ wages failed to keep pace with the cost of living. All told, equity futures liked the report, with the S&P 500 indicated to open lower by just 0.5% after an upward of 1% loss earlier in the morning. Russell 2000 futures managed to sneak into the green for a moment following the 8:30 a.m. ET data. The higher-quality S&P SmallCap 600 Index outperformed the Russell 2000 Index leading into the opening bell. Treasury yields eased, but only slightly, while the U.S. Dollar Index fell a touch from the 100 level. All eyes remain on the tech trade ahead of the SpaceX ( SPCX ) IPO...

Arm (NASDAQ: ARM) has been one of the most explosive AI infrastructure trades of 2026, with shares rocketing 197.19% year to date as the chip designer cements its position at the center of the agentic AI buildout. After a 52.32% surge over the past month, the stock is consolidating. Our 24/7 Wall St. price target ... Up 200% YTD, This Is Where Arm Holdings Will End The Year

hapabapa Investors will need to be patient, said RBC analysts Piral Dadhania, Nikolaos Lafioniatis, and Richard Chamberlain, as Nike’s ( NKE ) turnaround under CEO Elliott Hill is making progress but is slower and narrower than anticipated. With a more conservative outlook on Nike’s growth prospects, the team downgraded the stock to Sector Perform from Outperform and lowered Nike’s ( NKE ) target price by 29% to $50. “One of the main frustrations with the Nike equity story is a perceived slowness in execution for us and some investors, which perhaps reflects the size of the Nike business (supertanker vs. dinghy), which simply takes longer to maneuver,” the analyst team said, noting that the product lead time (sketch to store) in the sportswear industry is 12-18 months. Right now, Nike’s product offerings are arguably still not where it needs to be, and today’s “scrappier and more competitive” sportswear marketplace demand a different formula for driving brand momentum. Therefore, investors “should not assume that Nike has an automatic right to compete given its legacy, including market share leadership, deep resources, and marketing firepower,” Dadhani et al. argue, adding that based on available evidence today, “we are not sure Nike is competitive enough in terms of product design, price/value, or brand desirability to engineer a mean reversion revenue acceleration.” The analysts observed a “loss of price leadership” for Nike in men’s running to Hoka ( DECK ), On Running ( ONON ), and New Balance. In the women’s sportswear segment, Nike ( NKE ) has a competitive offer in leggings, but price leadership is enjoyed by Vuori, Alo Yoga, and lululemon ( LULU ) with Nike's price point “not able to stretch as high.” In conclusion, Dadhania, Lafioniatis, and Chamberlain believe 2025 is likely to remain a “no revenue growth setup” for Nike ( NKE ) with catalysts such as the World Cup and pockets of product newness insufficient to offset cleanup actions elsewhere in the busin...

Amazon Freight Expansion Sparks Selloff Across Trucking Stocks Less-than-truckload freight stocks fell in premarket trading in New York after Amazon roiled the industry yet again - this time by announcing expanded LTL services to cover all U.S. destinations, including third-party warehouses, distribution centers, and retail partners. "Businesses now have the flexibility to ship by pallet, choosing LTL to share trailer space for partial loads instead of reserving and paying for a full truckload," Amazon wrote in a press release, adding, "Since 2019, Amazon LTL has served tens of thousands of Amazon selling partners and vendors, moving millions of pallets across its U.S. network last year. The company is now expanding the service based on strong positive feedback and growing customer demand." Among the movers in premarket trading, FedEx Freight fell 2%, Old Dominion declined 6%, Saia sank 7%, and ArcBest dropped nearly 8%. LTL services are part of Amazon Supply Chain Services , whose launch last month roiled trucking stocks at the time. Amazon noted, "Businesses of all sizes can now use LTL to move freight, typically ranging from one to six pallets, or between 150 and 15,000 pounds." UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients last month that the selloff in transport names, including UPS, FedEx, and C.H. Robinson, sparked by Amazon’s push into the supply chain network, was " overdone ." Tyler Durden Wed, 06/10/2026 - 09:40

Source: Bloomberg, 0:00

The festival founded by Sir Peter Maxwell Davies hits its 50th edition this midsummer and continues to connect culture and community. Also this week – is 432Hz the magic number? This midsummer will be the 50th St Magnus festival . Founded in Orkney in 1977 by the composer Peter Maxwell Davies , who had recently moved there, and the poet George Mackay Brown, who rarely left the archipelago, that half-century of festivals is a living legacy of connection across culture and community. The first festival began with the premiere of Max’s opera, The Martyrdom of St Magnus , staged in the cathedral in Kirkwall named for the saint, a magnificent blood-red sandstone building , first established in Kirkwall by Magnus’s nephew Earl Rognvald in 1137, around which the rest of the city orbits. Continue reading...

Acadia Realty Trust ( NYSE: AKR ) announced on Wednesday the pricing of a 9M-share offering at $21.95 per share, raising about $198M, with closing expected on June 11, 2026. The underwriters have a 30-day option to buy up to an additional 1.35M shares, which could increase the total offering size to 10.35M shares, or about $227M. The offering is structured through forward sale agreements with affiliates of Bank of America, Jefferies, Truist, and Wells Fargo. Acadia expects to settle the agreements by June 2027 and will receive the proceeds at that time. The company plans to use the proceeds for acquisitions and for general corporate purposes, including debt repayment and working capital, with unused funds temporarily invested in short-term instruments. Source: Press Release More on Acadia Realty Trust Acadia Realty Trust (AKR) Q1 2026 Earnings Call Transcript Acadia Realty launches 9M share offering AHR, CURB, JAN REITs top the list of 10 least attractively valued U.S. mid-cap stocks Seeking Alpha’s Quant Rating on Acadia Realty Trust Historical earnings data for Acadia Realty Trust

美股部分光通信股盘初反弹，AAOI涨超10%，Credo涨超6%，Lumentum涨超4%。

Micron Technology Selects Bechtel as Construction Partner for New York Semiconductor Manufacturing Facility marketscreener.com

Piper Sandler has an ‘Overweight’ rating on TSLA stock with a $500 price target, implying an upside potential of nearly 25% from Tuesday’s closing price.

Tesla Has 'Effectively' Achieved Level 4 Autonomy, Says Piper Sandler Analyst – How A Trip To Minneapolis Strengthened His Conviction Yahoo Finance

Tesla Has 'Effectively' Achieved Level 4 Autonomy, Says Piper Sandler Analyst – How A Trip To Minneapolis Strengthened His Conviction TradingView

经常点外卖的朋友可能已经发现，自从五一假期结束以来，外卖红包缩水了不少，一年前一杯奶茶近乎免费、一份猪脚饭不到十元的好日子成为了过去式。 如果说市场监督管理总局在3月下旬转载《经济日报》评论文章《外卖大战该结束了》，预示着这一轮外卖大战快要画上句号，那么阿里新财年在淘宝闪购的投入只有上年的一半（不包含零售业务），则彻底宣告这场“外卖三国杀”鸣金收兵。 日前有消息显示，淘宝闪购在五一假期前召开核心高管会议，确定了淘宝闪购在2027财年（2026年4月-2027年3月）的两大核心目标。其一，是保持外卖业务市场份额稳定的基础上，在财年内实现单月UE（单位经济模型）转正；其二，则是加大对零售业务的投入，发展“淘宝便利店”、盒马前置仓等业务，以及实现天猫超市、天猫品牌的“远转近”。 一年前，淘宝闪购可是被阿里方面赋予了“无限开火权”，现在资源被砍掉一半，而且套上了“单月UE转正”这个紧箍咒。其实不仅仅是阿里方面在降温，美团也不再喊出“会不惜代价取得胜利”，京东方面更是直言“外卖业务最终一定会实现盈利”。 其实即便没有监管机构明确反内卷，阿里、京东、美团也会主动让这一轮外卖大战降温。从三家刚刚公布的最新财报来看，都烧不动了，弹药库更是几乎被清空。更何况这一轮外卖大战本就是“项庄舞剑意在沛公”，无论率先出招的京东、还是被动接招的美团，亦或顺势入局的阿里，谋划的都是以外卖切入即时零售。 为了培养消费者对于“即时”的体验，这三家大厂已经花了上千亿人民币。再加上被视为未来的AI，也在消耗他们宝贵的经营现金流，就使得两线作战的压力变得更加巨大，所以三家就联手给用户踢了场默契球。其实也不是他们不想继续砸钱，而是外卖业务的协同价值已经被证伪，“高频带低频”的叙事逻辑与现实出现了偏差。 虽然外卖业务单量做起来了，却与电商的关系并不紧密。事实上，外卖是典型的情绪型消费，消费者出于填饱肚子、买药等急事打开外卖App，追求的是“马上就要”，而网购则是货比三家，要的是精挑细选的“质价比”。这也是为什么在这一轮外卖大战中，“高频带低频”叙事近乎于破产，因为精明的消费者咽下了大厂的“糖衣”，却将“炮弹”原封不动退还了。 由于消费者很少会在点外卖的同时，顺手打开电商App购买3C数码、衣饰鞋服等商品，而买饭时顺手买药、买花、买日用品反而更有可能发生。这也是为什么淘宝闪购要发展“淘宝便利店”、盒马前置仓等业务...

格隆汇6月10日｜国家数据局党组书记、局长刘烈宏带队在北京市开展数据市场建设专题调研。调研组先后到首都医科大学附属北京友谊医院、北京高端数据标注基地、北京国际大数据交易所、北京数据集团、医渡科技公司开展实地调研，在友谊医院听取了北京市卫生健康委、同仁医院、胸科医院、安贞医院等单位的介绍，深入了解数据资源开发利用进展情况。

Nat Sciver-Brunt spends valuable time in the middle as England beat India in their final warm-up match before the Women's T20 World Cup starts on Friday.

美股部分光通信股盘初反弹，AAOI涨超10%，Credo涨超6%，Lumentum涨超4%。