Stocks soared and oil sank on Trump's say-so, but the flood already filled the basement, and the best case on offer is that the water stops rising

SpaceX on Thursday set its final IPO price at $135, the last stage in a long-running process to bring Elon Musk’s space and AI conglomerate public.

Super Micro Computer (NASDAQ:SMCI) is back on every screen this week after a 27.98% single-session collapse and a $7 billion equity-linked financing announcement that has retail traders glued to wallstreetbets. But here’s what you should actually be watching. The SMCI Trade Is Structurally Broken A 17.75% revenue miss against consensus carries extra weight when the ... Forget SMCI: As Shifting Macro Realities Fracture Tech Valuations, This Cash-Flow King Is The Pivot

格隆汇6月12日｜据英国《卫报》：英国武装部队事务国务大臣阿尔·卡恩斯已辞去政府职务，以抗议英国首相斯塔默的国防开支计划。

Why Broadcom (AVGO) Stock Is Trading Up Today FinancialContent

Key PointsExpect SpaceX to go on a spending spree after its IPO.

Earnings Call Insights: The Lovesac Company (LOVE) Q1 fiscal 2027 Management view “During the fiscal first quarter, once again, our teams rose to the challenge, delivering market share growth and with financial results in line with our guidance,” and net sales were “down 0.1% versus the prior year period,” while the broader furniture category “declined 2.2%” (Founder, CEO & Director Shawn Nelson). Management highlighted product attachment and mix: “Reclining Seat continues to outperform our expectations and attachment rates have remained strong at nearly one out of every three configurations getting a recliner,” and “we saw significant momentum in our larger configurations” (CEO Nelson). The company emphasized Snugg as incremental demand: “80% of Snugg customers are new to Lovesac,” and “nearly half our Snugg sales are through our e-commerce channels” (CEO Nelson). Lovesac tied brand and sourcing initiatives to the current environment: “we’ve made substantial progress on one of our most important structural initiatives bringing manufacturing onshore to the U.S.,” and “We remain on track to begin domestic manufacturing of Sactional seats this summer” (CEO Nelson). “Net sales decreased $0.2 million or 0.1% to $138.2 million,” and gross margin “decreased 160 basis points to 52.1% of net sales” (Executive VP, CFO & Treasurer Keith Siegner). Outlook For fiscal 2027, “we estimate net sales of $700 to $740 million” and “expect adjusted EBITDA between $35 and $46 million,” with “gross margins of 56% to 57%” and “advertising and marketing of approximately 12% as a percent of net sales” (CFO Siegner). For fiscal Q2, “we estimate net sales of $157 million to $166 million,” with adjusted EBITDA “between negative $4 million and positive $2 million,” and “gross margins of 57.5% to 58.5%” (CFO Siegner). Management said it updated guidance inputs: “we’ve adjusted our plans to reflect our latest outlook for costs related to COGS and logistics,” and “we factored the latest backdrop f...

The Senate Armed Services Committee on Thursday approved a defense policy bill that would extend U.S. military support for Ukraine and authorize $750 million in security assistance, underscoring continued congressional backing for Kyiv despite the Trump administration's more restrained approach to the conflict. The committee's version of the National Defense Authorization Act (NDAA) would fund the Ukraine Security Assistance Initiative, a program that finances weapons purchases from U.S. defense contractors for use by Ukraine's armed forces. Investor significance: The measure signals ongoing congressional support for defense spending tied to the war in Ukraine and could benefit major contractors that supply aircraft, munitions and other military systems. The legislation also reinforces demand visibility for weapons programs that have seen increased production since Russia's 2022 invasion. The Senate bill authorizes roughly $1.15 trillion in defense spending and covers a wide range of Pentagon priorities, including weapons procurement, force structure and military pay. Among its Ukraine-related provisions, the legislation would bar the use of authorized funds for any action recognizing Russian sovereignty over internationally recognized Ukrainian territory. It also directs the Pentagon to continue providing intelligence support to Ukraine for military operations aimed at defending or reclaiming occupied areas. The Senate proposal follows House action last week approving legislation that would continue aid to Ukraine and impose additional sanctions on Russia. The bill also includes multi-year procurement authority for several weapons programs, including Boeing's F-15EX fighter jet and Lockheed Martin's F-35. Such authority allows the Pentagon to enter longer-term contracts, providing greater revenue visibility for manufacturers and suppliers. The Senate measure also adopts a proposal to rename the Department of Defense as the Department of War, mirroring language incl...

Alibaba Group Holding (NYSE:BABA) has replaced the head of its Dingtalk unit, reflecting an internal reset around the company’s approach to artificial intelligence. Chinese regulators recently reprimanded Alibaba over alleged misleading promotions tied to its 618 shopping festival marketing campaigns. These developments touch both Alibaba’s enterprise collaboration ambitions through Dingtalk and its core e commerce operations. For investors tracking NYSE:BABA, these updates come after a...

Investors often use shares of Tesla to trade on price swings or to bet on Elon Musk himself.

將軍澳、荃青等單車徑網絡發達地區共享單車盛行，但不時都出現「單車籃載人」的險象，而且不單只年輕學生會冒險，甚至有家長照放年幼子女「上籃」一但炒車隨時抱憾終生，區議員及共享單車營運商均明言接獲投訴眾多，冀市民注意安全。 共享單車服務廣受年輕人歡迎，踩車返學、返屋企、去車站，已經成為生活日常，但不時都見有學生「另類示範」共享單車，男生就奮力踩、女生就坐在車籃睇手機，相當危險。 《一線搜查》近日走方訪將軍澳區，不少學生、街坊都明言經常遇見，「中學生應該，好多，好多，仲爭啲炒埋一齊」，「通常坐籃嗰啲，全部都係細路仔嚟嘅。個大人就有時就會好快，仲有一次撞到我，然之後我都跌埋」，「真係有啲嚇親啊，點解可以咁危險」，「好容易跌落嚟。佢會阻住個男仔望前面啲路啊」。 西貢區議員陳繼偉表示區內共享單車服務盛行，同時亦帶來不少亂象，「不時見到有車籃載人，擔心一旦發生意外，後果不堪設想。本身單車違規都好多居民反映，有唔少都系關於車籃載人，通常載嗰啲比較小朋友或者學生嚟嘅，我親眼都見過有幾次」。陳繼偉指區內每兩個月都有四五十宗單車意外，認為要杜絕車籃載人等不當行為，「揸單車可以跳車啊，喺個籃度根本完全冇啊，變咗好難着陸。有啲好細嘅小朋友，如果擺個欄度咧，要一跌或者一撞咧，就會好受傷嘅。」 按現行法例，在道路上騎單車或者三輪車不得運載任何其他人，違反者可處罰款2,000元。共享單車營運商都留意到車籃載人的問題，並在社交平台發文提醒用家。營運商總經理吳君寶:「如果你話真係坐一個人上去，絕對超出咗負荷。（本身負荷）5公斤左右，變咗頭重尾輕，轉向唔好嘅時候就好容易失去平衡，又或者偏離角度撞到其他人，我哋都接獲唔少嘅投訴……尤其比較多戚一啲學生嘅，如果我哋認得出邊間學校，都會嘗試聯絡返學校方，做返安全教育……提醒返佢哋貪一時之快，有意外嘅話隨時抱憾終生。」 醫生張永德指如若發生意外，輕則擦損手腳、嚴重就可能骨折，甚至乎嚴重腦部創傷、腦出血，而車籃中的小孩受傷風險更加嚴重。國際專業保險諮詢協會會長羅少雄亦指單車載人已經違規，，出事的這很可能影響保險索償。 HOY 78：《一線搜查》 播出日期：逢周一至五 播出時間：晚上8時HOY 77首播、8時半HOY 78重播 WhatsApp報料熱線：68960931 節目重溫請＜ 按此 ＞

Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Healthpeak Properties Inc (Symbol: DOC) were yielding above the 6% mark based on its monthly dividend (annualized to $1.22004), with the stock changing hands as low as $20.28 on the

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Avis Budget Group Inc (Symbol: CAR), where a total volume of 11,244 contracts has been traded thus far today, a contract volume which is representative of approx

Blackstone Inc. is in discussions with Canada’s H&R Real Estate Investment Trust about a potential acquisition, according to people with knowledge of the matter. The talks come after takeover negotiations last year involving H&R, Blackstone, TPG Inc. and Crestpoint Real Estate Investments Ltd. fell apart, said the people, asking not to be identified because the discussions are private. There’s no guarantee a deal will be reached this time around. Blackstone declined to comment on the potential acquisition. H&R didn’t reply to a request for comment. H&R, which managed C$8.1 billion ($5.8 billion) of assets as of March 31, has spent several years moving its portfolio away from struggling office and retail holdings and increasing its exposure to apartment and industrial assets in the US and Canada. But its shares have underperformed the rest of the Canadian real estate sector with a total return of about 13% over the past 10 years, according to data compiled by Bloomberg. H&R has a market capitalization of about C$2.9 billion. Hedge fund K2 & Associates Investment Management Inc. has pushed the company to explore a sale, arguing that it continues to trade at a substantial discount to the value of its real estate holdings. While Blackstone remains engaged in discussions with H&R, TPG is no longer involved, according to the people. It remains unclear whether TPG or Crestpoint would participate in any transaction should Blackstone ultimately reach a takeover deal for the REIT, the people said. Neither TPG nor Crestpoint would comment on the matter. Last November, H&R agreed to sell a portfolio of Canadian and US office and retail properties to several buyers for about C$1.5 billion.

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in OPENLANE Inc. (Symbol: OPLN), where a total of 6,172 contracts have traded so far, representing approximately 617,200 underlying shares. That amounts to about 66.1% of O

格隆汇6月12日｜标普全球评级：将英伟达(NVDA.O)评级上调至“AA”；展望稳定。

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Strategy Inc (Symbol: MSTR), where a total of 307,371 contracts have traded so far, representing approximately 30.7 million underlying shares. That amounts to about 168.

RerF/iStock via Getty Images The two fixed-rate series of preferred shares of Arbor Realty Trust ( ABR ) recently came to my attention. These are ( ABR.PR.D ) and ( ABR.PR.E ). Both of these issues are trading significantly below their par value and would economically behave much like a plain-vanilla long-duration security, instead of reflecting the negative convexity that is characteristic of most preferred stocks due to the redemption right possessed by the issuer. It is not that ABR does not have the call option to redeem these shares at its discretion; however, current market pricing, as a result of the lower coupon rates carried by these issues, makes such an event a particularly lower probability and thus eliminates call risk to a considerable extent. For that matter, if the company were to call the issues anytime soon, an investor would receive a windfall gain. The result of this significant discount to par value is the interest-rate upcycle over the past four to five years, during which market interest rates were raised considerably. As a result, much like other long-duration assets, the preferred shares issued before the interest-rate upcycle have suffered considerable mark-to-market drawdowns. The shares, which were trading close to their par value just five years ago, are now trading at a discount of close to ~35% from their par value, leaving a gap of well over ~50% from their par and liquidation preference/redemption values. ABR fixed-rate preferred shares outstanding (Seeking Alpha) While the trajectory, which at that prior time period was not favorable for an income-focused investor, is materially altered currently. The risk-reward at that time, when shares were trading at around par, was unfavorable, with investors being exposed to downside due to interest rate hikes, but with upside being capped. In addition, interest rates were on a lower trajectory at that time, and the probability of their going down was quite limited, but the probability of thei...

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Energy Recovery Inc (Symbol: ERII), where a total volume of 10,029 contracts has been traded thus far today, a contract volume which is representative of approxi

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in PayPal Holdings Inc (Symbol: PYPL), where a total of 80,049 contracts have traded so far, representing approximately 8.0 million underlying shares. That amounts to about

多癌种早期检测公司Grail， Inc．正面临证券欺诈集体诉讼。此前公司宣布，其关键NHS-Galleri试验未达到主要终点，导致股价暴跌超过50%。投资者申请担任首席原告的截止日期为2026年8月4日。 集体诉讼已正式提起 诉讼已在美国加利福尼亚北区联邦地区法院提起，旨在代表在2025年5月13日至2026年2月19日期间购买Grail普通股的投资者。被告包括公司及部分高管，被指控违反联邦证券法，在NHS-Galleri试验的前景和实现主要终点的可能性方面作出虚假和误导性陈述。 试验失败导致股价崩盘 2026年2月19日，Grail宣布其关键的NHS-Galleri试验“未观察到统计显著的III-IV期癌症降低”这一主要终点。公司将这一结果部分归因于可能需要更长的随访时间来充分比较各研究组。 消息公布后，Grail股价从2月19日收盘价101.53美元暴跌至2月20日的50.21美元，单日跌幅约50.55%，市值蒸发过半。多家分析师迅速下调目标价，Baird将目标价下调逾27%至31美元，Canaccord Genuity从105美元下调至80美元。 诉讼核心指控 起诉书称，在整个诉讼期间，被告向投资者提供了压倒性的正面陈述，同时隐瞒了关于试验真实状况的重大不利事实。具体而言，公司未披露在三年随访期内进行的试验不足以证明III-IV期癌症的降低是可以实现的，且试验时长显然不足以验证主要终点是否可达成。公司还一再拒绝提供详细的顶线结果或其他数据，可能隐藏了已知的不利趋势。 根据投诉，被告多次告诉投资者试验专门设计为在三年内提供显著结果，但2026年2月披露时公司首席执行官承认“可能需要更长的随访时间”。 摩根士丹利 、Canaccord Genuity和Wolfe Research的分析师在集体诉讼期间根据公司管理层的保证构建了他们的模型和目标价，并在试验失败后被迫大幅修正。 投资者维权渠道 多家律所已发布通知，提醒受损投资者关注此案。投资者申请担任首席原告的截止日期为2026年8月4日。相关代理按胜诉收费，股东无需支付前期费用。 责任编辑：张俊 SF065

Hidden Starship Trade: The Industrial Gas Giant Fueling SpaceX's Rockets Ahead of the SpaceX IPO , Rothschild & Co Redburn analyst Tony Jones published a note on space propellant economics and identified an industrial-gases giant that is well positioned to dominate the market for rocket propellants and mission-critical launch gases as SpaceX's Starship launch cadence gains momentum and the broader space economy is set to double by 2035. Jones and his team reiterated their "Buy" rating on Linde and raised their 12-month price target to $560 from $550, telling clients on Wednesday that the company has built a deep moat in the industrial gases business after powering America's rocket launches for the past six decades. The team at the equity research arm of Rothschild & Co Redburn sees SpaceX's Starship as a "further demand accelerator," with higher launch cadence and heavier propellant loads creating a new growth lever for Linde's mission-critical gases business. Jones estimates Linde generated just under $4 million of revenue per average space launch in 2025. By 2028, that number could approach $6 million as Starship launches are set to increase dramatically, driving demand for liquid oxygen, nitrogen, helium, cryogenic services, rare gases, and capacity fees. Main points from the note: 1. White Space. Linde has fuelled NASA for c60 years and now has capex set to ramp alongside SpaceX's Starbase. We delve into the economics and like what we see. Space sales are c2% group but could scale rapidly, as Starlink's ecosystem forms. 2. Starship: a further demand accelerator. The transition to Starship as a dominant vehicle could transform the opportunity, burning c10x the oxygen of a Falcon 9 launch. Linde's revenue per launch could near $6m by 2028, from under $4m in 2025. This comes on top of potentially exponential launch cadence. 3. Project and EPS optionality. Linde's space capex falls outside its gas backlog, lacking take-or-pay status. However, contracts seem likely a...

Microsoft (MSFT) Sees Promising Improvements in Copilot AI Capab GuruFocus

Microsoft (MSFT) Sees Promising Improvements in Copilot AI Capab GuruFocus

格隆汇6月12日｜据《今日以色列》：作为与地区领导人一系列通话的一部分，特朗普预计将与以色列总理内塔尼亚胡进行通话。

Eastern Bankshares， Inc．宣布，该公司将被纳入标普小盘600指数，相关调整将于2026年6月22日交易开盘前正式生效。标普小盘600指数被广泛认为是美国小盘股市场的首要基准之一。 纳入指数反映业务实力 Eastern Bankshares是Eastern Bank的控股公司。公司首席执行官Denis Sheahan表示，被纳入标普小盘600指数反映了公司的业务实力以及对为客户和股东创造长期价值的持续关注。他指出，纳入该指数将提升Eastern在机构投资者中的知名度，也认可了公司自2020年上市以来在执行增长战略方面取得的重大进展。 公司背景与财务概况 Eastern Bank成立于1818年，是大波士顿地区领先的本地银行，拥有超过125个分支机构，服务于马萨诸塞州东部、新罕布什尔州南部及沿海地区以及罗德岛州的社区。截至2026年3月31日，Eastern拥有约306亿美元资产。公司通过其Cambridge Trust财富管理与私人银行部门提供全面的银行和财富管理解决方案，该部门管理着98亿美元的资产，是马萨诸塞州最大的银行-owned独立投资顾问公司。 根据2026年第一季度财报，Eastern Bankshares实现净利润6530万美元，运营净利润8860万美元，每股运营收益0.40美元。公司还宣布将季度股息提高15%，这已是上市以来连续第六年实现股息增长。 机构认可与市场表现 标普小盘600指数由标普 道琼斯 指数公司维护，入选公司需满足一定的财务业绩、市值和流动性等标准。近期，多家机构对Eastern Bankshares给予积极评级，基夫、布鲁耶特与伍兹公司重申“跑赢大市”评级，目标价23美元；DA Davidson首次覆盖即给予“买入”评级，目标价24美元。 自1994年以来，Eastern Bank已累计捐赠超过2.4亿美元用于慈善事业，并以其包容性的企业文化而自豪。公司将继续致力于通过有机增长机会和持续的资本回报为股东创造价值。 责任编辑：张俊 SF065

Jonathan Kitchen/DigitalVision via Getty Images In the summer of last year, I called Silvaco ( SVCO ) a chip designer facing real challenges. Weak growth, continued losses, poor transparency, and, at the time, recent M&A moves raised some real questions. However, a strong cash position and cheap sales multiples provided some counterweight to those concerns. Trading at just $4 and change at that time, the semiconductor solution provider offered a highly speculative proposition in my view, yet cheapness alone and a lack of transparency made me conclude that this was not enough. That cautious thesis mostly played out as shares were down to just $3 in March, followed by a potential recovery as shares have rallied to $11 per share as of writing. This comes even after shares changed hands at $14 per share lately, still down from the IPO levels early summer 2024. That setup raises the bar of anticipated improvements as well, as frankly the stock feels a bit extended here, and given the past performance, the burden of proof is a bit higher for me here. Momentum Run The start of the momentum run in March was driven by the release of the 2025 results and accompanied remarks about the future. The reported results provide few reasons to be cheerful, with sales up just over 5% to $63.1 million, as growth rates even slowed down to just over 2% in the final quarter. The company reported huge operating losses of $45 million and change, and while litigation was responsible for about 30% of that loss, and some other adjustments might be made, that in general provided few reasons to be cheerful. This certainly was the case after the company acquired the PPC Product Line of Cadence, and it acquired Tech-X and Mixel Group, with all these deals taking place in 2025. This raises questions about the organizing profile. All of this mostly aligned with the ambiguous picture seen in the summer before. While full-year bookings were up 3% to $67.7 million, gross bookings for the final quarter w...

全球移动出行技术公司Vontier发布2026年度可持续发展报告，宣布已提前五年实现2030年温室气体减排目标，并将新目标提升至65%。 减排成果远超预期 根据报告，Vontier已将绝对范围1和范围2排放量减少49%，比原定2030年目标提前五年完成。公司首席执行官Mark Morelli表示，这一里程碑展示了通过创新、运营效率和企业责任可以实现的目标。公司现设定了新的目标：到2030年将绝对排放量减少65%。 此外，Vontier还提前实现了2030年废弃物转移目标，将91%的制造厂废弃物从垃圾填埋场转移，并通过内部效率举措节省了840万美元的运营成本。 运营效率与技术创新 Vontier的运营成果得益于其业务体系，这是一个以持续改进为核心的企业框架。2025年，公司在全球完成了超过200个改善项目。 在技术创新方面，Vontier成为全球首家完成燃油加油机全生命周期评估的公司。其EV充电和能源管理平台Driivz已扩展到36个国家，支持超过300万个充电点和600万司机，2025年帮助避免了101.4万吨二氧化碳当量的排放。 安全指标与第三方认可 Vontier在职业安全方面也取得优异成绩。其总可记录事故率降至0.19，比2022年基线下降了67%；全球制造工厂实现了100%的ISO 45001职业健康安全认证。 公司的可持续发展成就获得了多方认可：EcoVadis授予黄金评级，使Vontier跻身全球被评估公司前5%；CDP在气候变化和供应商参与两个类别均获得“A”级评分；公司连续第二年入选《时代》杂志“全球最可持续公司”榜单。 责任编辑：张俊 SF065

格隆汇6月12日｜现货黄金日内大涨3.00%，现报4192.89美元/盎司。

In this article CVS Follow your favorite stocks CREATE FREE ACCOUNT Nikolas Kokovlis | Nurphoto | Getty Images A version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. This week was AHIP 2026 in Las Vegas, the annual conference hosted by the nation's leading trade association for health insurers. The two-day event featured discussions spanning the healthcare landscape, from new industry commitments on prior authorization and the growing role of AI to ongoing debates over how to balance pharmaceutical innovation with affordability. CVS Health spoke to CNBC about how the company is using AI and other technologies to reduce administrative burdens and deliver more personalized, proactive care experiences. Below are some highlights from the conversation with Katerina Guerraz, Aetna's chief operating officer and president of Medicaid, and Tilak Mandadi, CVS Health's chief experience and technology officer. Real-time data sharing could be a gamechanger Guerraz said some of the healthcare system's biggest pain points could become easier to address over the next several years as insurers and providers work to reduce administrative burdens and share data more seamlessly. She pointed to the industry's existing efforts to streamline prior authorization and other insurance processes, but said broader "interoperability" between payers, providers and other healthcare stakeholders could be the "bigger thing that's going to transform this industry" in the next three-to-five years. "When anyone who's in the health ecosystem starts sharing data in real time, that actually changes everything," Guerraz told CNBC. "You're not going through all these different intermediaries of people who are processing different kinds of information." That could help patients access care faster, she added. Conversational AI tool could help patients CVS is betting that its conv...