Key Points USA Rare Earth aims to become one of the U.S.'s first "mine-to-magnet" businesses. It owns the polymetallic Round Top deposit in Texas and a magnet factory in Oklahoma. USA Rare Earth's supply chain is more complicated than meets the eye. 10 stocks we like better than USA Rare Earth › USA Rare Earth (NASDAQ: USAR) is an American mining company focused on helping the U.S. build a domestic supply chain for rare-earth magnets. Put differently, USA Rare Earth wants to help the U.S. government break its dependence on Chinese rare-earth mining companies. Currently, China accounts for about 70% of the world's rare-earth extraction and 90% of its rare-earth processing. It also produces over 90% of the world's permanent magnets, underscoring its complete dominance in the rare-earth magnet market. 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 » But does USA Rare Earth actually stand a chance in this cost-intensive industry? Can it scale its polymetallic Round Top deposit in Texas, which is currently under development, and its magnet factory in Oklahoma into profitable businesses? Or will USA Rare Earth, like so many mining companies before it, fall prey to the intense cyclicality of metal prices and the brutal capital demands of turning ore into a functioning supply chain? Let's take a closer look at this potential millionaire-making metal stock and see what it's building. A "mine-to-magnet" business with a lot of moving parts The bullish case for USA Rare Earth is pretty straightforward. In a nutshell, the company is trying to build one of the few domestic rare-earth magnet supply chains in the U.S. Theoretically, it has the assets to become America's rare-earth champion. Round Top is considered one of the largest rare-earth deposits in the U.S., with 16 of the 17 rare-earth elements. Its magnet...

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. At TWFG, a filing with the SEC revealed that on Thursday, Director Michael Doak purchased 33,283 shares of TWFG, at a cost of $18.65 each, for a total investment of $620,652. So far Doak is in the green, up about 7.3% on their buy based on today's trading high of $20.00. TWFG is trading up about 1.2% on the day Tuesday. And at Patria Investments, there was insider buying on Thursday, by Director Olimpio Matarazzo Neto who purchased 45,000 shares at a cost of $11.18 each, for a total investment of $502,950. Patria Investments is trading up about 2.5% on the day Tuesday. Neto was up about 1.6% on the buy at the high point of today's trading session, with PAX trading as high as $11.35 in trading on Tuesday. VIDEO: Tuesday 5/26 Insider Buying Report: TWFG, PAX The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The stock market keeps climbing in 2026, and if you only glanced at the headlines, you’d think the U.S. economy was firing on all cylinders. S&P 500 futures pushed above 7,540 for the first time ever over the Memorial Day weekend, while the index itself is up roughly 9% year to date. President Donald Trump ... Trump’s 2026 Bull Market is Really Just an Nvidia Rally

SmileStudioAP/iStock via Getty Images Co-authored with Luuk Wierenga If you watch the financial news, you are well aware that the talking heads love to talk about interest rates. There are good reasons for that—interest rates impact everything in finances. Interest rates are determined by the price of "risk-free" debt, which in the United States is U.S. government bonds, notes, and bills. Interest rates impact how much money you get from interest-paying bank accounts, CDs, and variable debt. They also determine how much interest you pay on your credit cards or a new mortgage. They're the benchmark upon which the coupon of newly issued corporate debt is based. When a bond investor is looking at buying a corporate bond, they're looking at the interest they can collect from the corporation relative to what they could get from the same capital invested in US Treasuries with a similar maturity. Indirectly, interest rates have an impact on every financial transaction, often having an influence on the value of the US dollar relative to other currencies. You can dig into any financial question and find that the current interest rates have some impact. Sometimes direct and obvious, sometimes indirect and less obvious. Interest rates today are high relative to most of recent history. After 30 years of declining rates from 1990-2020, we've seen interest rates back to where they were in the early 2000: Today, we're going to take a look at two investments that have been negatively impacted by rising rates. They're trading at a lower price today primarily due to rates increasing over the past five years. Let's dive in! Pick #1: DEA – Yield 7.6% Easterly Government Properties, Inc. ( DEA ) is the leading REIT that specializes in operating 106 mission-critical government-leased real estate. This makes it a very interesting company for dividend investors. The fact that it specializes in a niche market makes it a great addition to your basket of REITs. Source DEA May 2026 Investor Pr...

JHVEPhoto/iStock Editorial via Getty Images As many readers may know, my analysis is mainly focused on the tech sector. With the AI revolution ongoing, I have covered a wide array of companies ranging from chipmakers to connectivity providers in the past few years. One of the emerging areas in this infrastructure boom is optics and photonics. As important as copper wires have been, there are very real physical limits, and that's where Lumentum Holdings Inc. ( LITE ) steps in. As you can see in the chart below, the stock has soared 1,150% in the past 52 weeks as optimism takes hold that the company is a key part of the next stage of data center connectivity. Not long ago, Lumentum was both added to the S&P 500 and the Nasdaq-100 , and so it is clear that they have become a critical piece of the AI boom. They reported their latest earnings results earlier this month, and today I have decided to finally initiate coverage and provide an analysis for readers. Seeking Alpha Below, it is shown that Lumentum's business is seeing extraordinary momentum. Growth continues to accelerate despite supply constraints, and margins are also expanding significantly as a signal of strong profitability. Moving forward, supply constraints are a near-term risk, but the company is planning production expansion for the long term. Furthermore, while dilution is another risk worth monitoring, strong guidance and innovation show that the growth story is secure. With that being the case, the high valuation seems justifiable. A famous person once said that buying a great business at a fair price isn't a bad idea, and so I have decided to initiate Lumentum at a buy rating. Momentum Accelerates Data by YCharts Starting with the top line, Lumentum's FY2026 Q3 was clearly a robust quarter. The company generated $808.40 million worth of revenues, up 90.12% YoY. As you can see above, this represents a seventh straight quarter of top-line growth acceleration to show that there are sustained AI tailwind...

欧洲央行管理委员会成员Olaf Sleijpen表示，欧洲央行将采取一切必要措施，使消费者物价增速回落至目标水平，官员们在6月政策会议召开时将掌握比目前更多的信息。 “欧洲央行当然会竭尽所能，确保通胀回归到价格稳定的水平。”这位荷兰央行行长周二在阿姆斯特丹表示。 政策制定者下个月进行讨论时将“掌握比我们在上次会议时多得多的数据”，他指出，“基于这些数据，我们将决定下一步的行动。” 目前，欧洲央行官员们仍在权衡两方面的因素。一方面是因中东冲突及随之而来的能源成本飙升引发的通胀压力，另一方面则是经济增长放缓以及金融稳定面临的风险。目前，4月物价涨幅已达3%，远超欧洲央行设定的2%目标。 欧洲央行执行委员会委员Isabel Schnabel在周二发表的一篇采访中表示，欧洲央行应在6月加息。她指出：“鉴于当前冲击的规模及持续性，忽略通胀压力已不再是一个选项。”与此同时，欧洲央行首席经济学家Philip Lane的态度则更为谨慎。 “能源价格推高了整体通胀，现在我们尤其关注未来它将继续给经济带来怎样的影响，”Sleijpen补充道，“以及这种影响会在多大程度上传导至其他价格指标，这一点当然也至关重要。” 责任编辑：李桐

Indonesia has blocked predictions market ⁠Polymarket as part of its crackdown on online gambling, its communications and digital ministry said, days after the site took bets on a premature end to Prabowo Subianto ’s presidency. Gambling is illegal in Indonesia and authorities have been clamping down on online betting. “The government will not allow any form of online gambling in Indonesia,” the ministry said in a statement. Advertisement Ministry official Alexander Sabar late on Friday said Polymarket was classified as an online gambling platform and its activities “contain betting and speculation over events that are inconclusive”, therefore violating Indonesian law. Polymarket said on Tuesday that the company was ‌committed to engaging with authorities. Indonesian President Prabowo Subianto speaks at the parliament complex in Jakarta on Wednesday. Photo: Xinhua “We welcome the opportunity to collaborate with Indonesia on a path forward that supports ‌responsible innovation, transparency and user protection in prediction markets,” it said.

As earnings season comes to a close, investors are shifting focus to updated quant ratings based on the latest corporate results. These scores reflect how companies are positioned across key factors including valuation, growth, profitability, momentum, and earnings revisions following their quarterly reports. Below is a snapshot of large-cap materials companies with market capitalizations above $10B, highlighting those with the highest and lowest quant ratings after the earnings season, underscoring the stocks that strengthened their fundamentals as well as those that lagged. Top-quant rated stocks Glencore ( GLNCY ), Quant Rating: 4.90, Strong Buy. LyondellBasell Industries ( LYB ), Quant Rating: 4.89, Strong Buy. Lynas Rare Earths ( LYSDY ), Quant Rating: 4.87, Strong Buy. Norsk Hydro ASA ADR ( NHYDY ), Quant Rating: 4.87, Strong Buy. Hudbay Minerals ( HBM ), Quant Rating: 4.85, Strong Buy. Bottom-quant rated stocks Avery Dennison Corporation ( AVY ), Quant Rating: 1.80, Sell. Heidelberg Materials AG ( HDLMY ), Quant Rating: 1.81, Sell. Akzo Nobel N.V. ( AKZOY ), Quant Rating: 1.87, Sell. Givaudan SA ( GVDNY ), Quant Rating: 1.97, Sell. Novozymes A/S ( NVZMY ), Quant Rating: 1.98, Sell. More on Glencore plc, LyondellBasell, etc. Hudbay Minerals Inc. (HBM:CA) Presents at Canaccord Genuity's 5th Annual Global Metals & Mining Conference - Slideshow Hudbay Minerals Inc. (HBM:CA) Shareholder/Analyst Call Prepared Remarks Transcript Hudbay Minerals Inc. (HBM:CA) Presents at Bank of America Global Metals, Mining & Steel Conference 2026 - Slideshow Glencore sees no immediate effect on production after Chilean environmental ruling LyondellBasell leads the top foreign materials stocks by Quant rating

Getty Images It’s been over three years since I covered Korn Ferry ( KFY ), and now that it is going to report its Q4 very soon, I thought I’d go through what to expect and what I’m looking for that can change my mind about this company’s share price performance in the future. Currently, I am not excited about the prospects, and given that it underperformed significantly against the SPY ( SPY ) in the last three years since my first article, I am inclined to keep my rating in place until I see solid proof that the company is going to start growing at a much more exciting pace and how it will cope with the AI disruptions. What to Expect Analysts are expecting the company to make around $1.38 in earnings on $742.2 million in revenues. That translates to around 4% growth y/y and a 3.4% increase sequentially. That is not much growth at all. How does it stack up against what the management has guided for the last quarter of the year? Quite well, actually. The management guided Q4 revenues to be in the range of $730 million -$750 million, or $740 million at the midpoint. Adjusted EBITDA margin to be between 17.1% and 17.3%, and GAAP diluted EPS to be in the range of $1.34-$1.40. It seems that the management either lowballs these estimates consistently or the analysts underestimate KFY’s performance, because over the last 10 quarters, the company has beaten estimates on the top and bottom lines. Seeking Alpha So, I think we will see another beat on the headline numbers in this upcoming quarter, by at least $15 million in revenues and 2-3 cents in EPS, if the past is anything to go by. I’m also not expecting a blowout quarter. Over the last four quarters, the company’s share price fluctuated by around 3% on the day, so it is not surprising. The overall volatility is also not high, so if you wanted to do an options play, selecting the monthly options contract that expires on June 18 and selling just outside the expected move should yield some returns the next day, as IV crus...

In this article MU Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 18% on strong artificial intelligence demand for its memory chips. The stock surge came as UBS nearly tripled its price target on the stock from $535 to $1,625 a share, citing long-term agreement opportunities with partially fixed pricing. "We believe the market will start to put a more 'normal' multiple on the stock and MU will continue to re-rate higher as more details emerge about the structural changes AI has driven to the entire memory complex," the firm wrote. The new price target suggests shares could more than double from Friday's close. Micron is among the secondary crop of chipmakers benefitting from the next stage of the AI race. Investors are snapping up stocks tied to central processing units and memory needed to run and process agentic workloads. Explosive demand for AI is leading to a global memory shortage that's allowed chipmakers such as Micron to hike prices. Shares have more than tripled year to date. Stock Chart Icon Stock chart icon Micron shares in 2026 Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

JHVEPhoto/iStock Editorial via Getty Images Qualcomm ( QCOM ) shares climbed 6% during Tuesday trading after securing a deal to supply ByteDance ( BDNCE ), the owner of the social media giant TikTok, with artificial intelligence chips for data centers, Bloomberg reported. Under the deal, ByteDance plans to purchase millions of Qualcomm's application-specific integrated circuits, the report said. These will help power ByteDance's AI software. ByteDance stands as the first significant customer for Qualcomm's AI-focused ASICs. The new deal represents a significant win for Qualcomm after its longtime customer Apple ( AAPL ) shifted from utilizing Qualcomm's modems for an in-house offering. More on Qualcomm and ByteDance QUALCOMM Incorporated (QCOM) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript Qualcomm: Get Out Before The Reality Sets In Later (Rating Downgrade) Fundamentals Over Everything Chip stocks lead Nasdaq's gainers this week; Intuit plunges most after Q3 print Micron, Nvidia, AMD climb as Samsung strike risk threatens chip supply

周二盘初，存储芯片厂商 美光 科技 股价大涨约 14.2%。投行 瑞银 大幅上调其目标价，理由是人工智能需求走强，叠加行业长期供货协议落地。受此提振，美光市值距离 1 万亿美元 关口仅一步之遥。 目前共有 46 家机构覆盖该股，瑞银此次给出的最新目标价为各家最高。按照该目标测算，未来 12 个月内美光企业估值有望接近 1.8 万亿美元；上周五收盘时，其市值为 8469.3 亿美元。 瑞银将美光目标价 从 535 美元大幅上调两倍以上至 1625 美元 ，该股上周五收盘价为 751 美元。 该行表示，行业内长期供货协议陆续签订，锁定出货量并部分敲定价格，有望改变美光历来波动剧烈的盈利态势。 此类协议预计将覆盖越来越多的动态随机存取存储器（DRAM）产能，让需求前景更清晰，同时缓解价格大幅震荡的问题。 瑞银认为，在长期合约与人工智能需求重塑盈利、提升业绩可预见性的背景下， 美光的市盈率估值理应向英伟达靠拢 ，二者估值差距不应过大。 大型云计算企业愈发愿意放弃定价弹性，换取稳定的长期供货保障。这一行业趋势成为各类长约落地的基础，也助力整个板块运行趋于平稳。 瑞银指出，随着投资者对美光长期盈利稳定性重拾信心，公司估值倍数将进一步抬升，逐步看齐其他半导体同行。 数据显示，美光未来 12 个月预期市盈率为 8.42 倍；同期标普 500 指数市盈率为 21.1 倍， 纳斯达克 100 指数为 24.66 倍。 责任编辑：郭明煜

Since ChatGPT burst onto the scene in late November 2022, artificial intelligence has transformed from a buzzword into one of the biggest capital allocation shifts in corporate history. Hyperscalers and Big Tech leaders have committed hundreds of billions of dollars to data centers, GPUs, and AI infrastructure. The Big Four hyperscalers — Alphabet (NASDAQ:GOOG), Amazon ... Companies Are Cutting Jobs for AI — But Not the Billions Paid to Investors

In this article AAL Follow your favorite stocks CREATE FREE ACCOUNT Anadolu | Anadolu | Getty Images American Airlines plans to outfit more than 500 of its narrow-body aircraft with Starlink, handing another win to Elon Musk 's SpaceX unit that has made inroads with major carriers for in-flight Wi-Fi. American was evaluating Starlink and Amazon Leo as recently as March for the service. The airline announced Tuesday it would install Starlink on about 500 of its narrow-body Airbus planes, like the A321neo, starting early next year. American spokesman said the carrier doesn't have immediate plans to change providers on its Boeing fleet, which uses a mix of Viasat and Panasonic. American in January rolled out free in-flight Wi-Fi for members of its frequent flyer program, following United Airlines , Delta Air Lines and others. Delta in March said it would use Amazon Leo for in-flight Wi-Fi for hundreds of jets starting in 2028. United, Southwest Airlines and Alaska Airlines , which merged with Hawaiian Airlines in 2024, have selected Starlink. Carriers are battling for higher-spending customers, including by upgrading once-slow, expensive and clunky in-flight internet to higher speeds. They have also been weighing other revenue streams, like personalized ads for travelers. SpaceX, meanwhile, is preparing to go public in what's likely to be a record IPO next month. Its connectivity unit, which includes Starlink , posted revenue of $11.39 billion last year, making up 61% of total sales, SpaceX said in a filing for its initial public offering earlier this month. Read more CNBC airline news Spirit starts monthslong process of dismantling airline after biggest collapse in a generation 'Godspeed my friend': Inside the final hours of Spirit Airlines United Airlines CEO confirms he approached American Airlines about merger U.S. airlines are hiking fares — and travelers keep booking Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name...

菲利普莫里斯 国际公司宣布，将于2026年6月2日出席在德国柏林举办的dbAccess全球消费者大会。公司首席执行官雅切克·奥尔扎克将在当地时间上午11：15发表演讲并参与问答环节，届时将通过公司官网及投资者关系移动应用程序进行网络直播。 此次大会正值菲利普莫里斯国际公司转型的关键时期。根据公司最新发布的2026年第一季度财报，其无烟产品业务已占总净收入的43%，其中加热烟草设备IQOS在全球所有市场的综合市场占有率已正式超过传统卷烟品牌万宝路。这一里程碑标志着PMI以无烟产品为核心的转型战略取得了实质性突破。 财报显示，菲利普莫里斯国际公司第一季度净收入达101亿美元，同比增长9.1%；调整后稀释每股收益为1.96美元，同比增长16%。其中，国际无烟业务表现尤为亮眼，IQOS调整后终端市场销量增长10.9%，电子烟VEEV出货量飙升95%。 公司重申2026年全年业绩指引，预计有机净收入增长5%至7%，有机营业收入增长7%至9%，调整后稀释每股收益预计在8.36至8.51美元之间。目前，PMI的无烟产品已在全球超过105个市场销售，拥有约4300万成年用户，公司目标到2030年将无烟产品收入占比提升至三分之二以上。 市场将密切关注奥尔扎克在大会上的发言，尤其是关于IQOS市场份额继续扩张、美国市场ZYN尼古丁袋的去库存进展，以及公司在健康相关领域拓展的战略布局。 责任编辑：张俊 SF065

Hong Kong authorities have launched a public consultation on overhauling fire safety regulations, six months after the city’s deadliest inferno in decades , proposing to expand firefighters’ law enforcement powers and impose additional responsibilities on management firms and contractors. The Security Bureau and the Fire Services Department on Tuesday began a one-month consultation exercise on proposed amendments to the Fire Services Ordinance and related subsidiary legislation. The proposals cover six major areas, ranging from fire safety system checks to new penalties for fire hazards. “Our legislative proposals encompass six pillars and seek to achieve enhanced public safety, regulatory coherence, enforcement effectiveness and accountability,” the consultation paper said. Advertisement The sweeping changes form part of the government’s response to the devastating Wang Fuk Court blaze on November 26 last year. The 43-hour fire, which ravaged seven of the eight residential buildings in the Tai Po housing estate, killed 168 people and displaced about 5,000 residents. Ongoing independent hearings into the disaster have revealed widespread loopholes across multiple government departments in regulating fire hazards and supervising the estate’s renovation project at the time. The proposed legal amendments aim to strengthen oversight of fire safety equipment inspections, toughen penalties, expand the scope of stakeholders who can be held accountable for fire hazards, and enhance the department’s law enforcement powers.

周二发布的调查显示，受伊朗相关局势引发的通胀担忧加剧影响，美国 5 月消费者信心有所回落。尽管民众对就业市场的看法有所好转，但仍未能扭转信心下行态势。 美国世界大型企业研究会公布，5 月消费者信心指数 下降 0.7 点 ，报 93.1。4 月指数数据向上修正，由原先的 92.8 上调至 93.8。路透社调查的经济学家此前预期该指数将跌至 92.0。 研究会首席经济学家达娜・彼得森表示：“中东局势推升通胀的效应持续加剧，导致 5 月消费者信心小幅走低。” “民众接连第二个月频繁提及物价、油气价格，对战争、地缘政治及冲突的讨论热度也居高不下。这充分说明，消费者普遍担忧中东局势引发的通胀上涨，会加重自身生活开支压力。” 责任编辑：郭明煜

Key Points Mizuho reiterated its buy rating on Micron today -- but Sandisk stock went up, too. Both companies make HBF memory, but only Micron makes HBM. 10 stocks we like better than Sandisk › Sandisk Corporation (NASDAQ: SNDK) stock soared 8.6% through 10:25 a.m. ET Tuesday on improved sentiment for semiconductor stocks -- and a big boost for its memory-chip archrival Micron (NASDAQ: MU). You can thank Japanese megabank Mizuho for the boost. 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 » Mizuho loves memory stocks Today's catalyst comes from Mizuho, which this morning reiterated its outperform rating and $800 price target on Micron. Citing strong demand for computer memory driven by the growth of artificial intelligence, Mizuho predicts the memory market will remain 30% to 50% undersupplied throughout 2026 and 2027, and the price of high-bandwidth memory, in particular, could surge 70% to 100% next year. That's great news for Micron, of course -- but what does it mean for Sandisk? What this means for Sandisk After all, while Micron makes both DRAM chips (used to manufacture high-bandwidth memory (HBM) and NAND flash memory, Sandisk only makes NAND. Doesn't this mean that Mizuho's bullish HBM note is relevant only for Micron, and not for Sandisk at all? Not necessarily. Sandisk has an answer to Micron's HBM business, you see, and it's called High Bandwidth Flash, or HBF -- and just last week, Mizuho was talking about rising demand for HBF, predicting that this will also cause NAND supply to contract in 2027. Granted, at the time, Mizuho was still talking about Micron. But this is a market where Sandisk can compete as well -- which probably explains why good news for Micron today is sending Sandisk stock higher. And what it means for you All this said, Sandisk stock does cost 50 times earnings, a...

由于人工智能对其存储芯片的需求强劲， 美光 科技周二股价大涨18%，公司市值首次突破1万亿美元。 此次股价飙升之际， 瑞银 集团将其对这只股票的预期目标价从每股535美元大幅上调至1625美元，涨幅近两倍。此举主要基于其长期协议机会及固定定价机制。 该机构在研报中写道：“我们认为，市场将开始对该股票给予更‘正常’的估值倍数。随着AI对整个内存产业带来的结构性变化细节不断明朗，美光科技的估值将继续向上重估。” 这一新的目标价意味着，该股较上周五收盘价可能还会再翻一倍以上。 美光是受益于AI竞赛下一阶段的二线芯片制造商之一。投资者正争相买入与运行和处理智能体工作负载所需的中央处理器（CPU）和内存相关的股票。 责任编辑：李桐

Jefferies (JEF) offers autocallable notes with $1,184 call payoff and 125% upside Stock Titan

Eli Lilly is developing a groundbreaking one-time gene-editing treatment that could permanently lower bad cholesterol and reduce heart disease risk. Bloomberg's Madison Muller joins Open Interest to break down the science, the risks, and why Lilly is racing to expand beyond obesity drugs into its next major growth era. (Source: Bloomberg)

政府向立法會提交文件，計劃發出合共一萬個網約車許可證，最快今年第四季營運。 政府指，在整全考慮各項因素和社會各界意見後，建議現階段以一萬為網約車許可證數目上限。 當局推算，假設每名網約車司機平均每天營運約六小時，每小時完成兩個行程，1萬輛網約車每天可提供約12萬個行程，與現時市民對服務需求相若。 當局預計，今年第三季邀請平台公司申請網約車服務牌照，最早11月底陸續批出網約車服務牌照。至於牌照費用，當局建議向網約車平台每年收取120萬元服務牌照費，車輛許可證收費1,560元，有效期不超過一年，駕駛許可證收費410元，有效期5年。 局方認為，就許可證數目設限是審慎穩妥和合適的做法，亦能平衡道路資源和公共交通生態方面的考慮。 有立法會議員認為，一萬個網約車牌未能應付需求，要由的士車隊填補運力。 新民黨選舉委員會界別議員何敬康稱︰「若然一些無心駕網約車，只是希望申請牌照，充斥配額的話，可能在配額初期對整體運力可能有很負面的影響。例如引入計分制，希望過去網約車開車時間較長或經驗較多的獲優先。」 有的士業界就認為，發牌數量過多，建議當局對網約車施加限制。 的士小巴商總會理事周國強指出︰「如若(獲批牌照)數量不少，他們更可減價，讓人覺得坐網約車永遠比坐的士便宜，那我們的客戶都流失到他們那裡。」 他又指的士車隊要全面網約化才能提升競爭力。

The Vanguard Russell 1000 Growth ETF (VONG +0.37%) offers low-cost exposure to large-cap giants, while the iShares Russell 2000 Growth ETF (IWO +1.33%) targets smaller companies with potentially higher volatility and price sensitivity. Growth investors often face a choice between established market leaders and emerging innovators. The Vanguard fund tracks the large-cap growth market, offering exposure to the world's most dominant corporations, while the iShares fund focuses on small-cap stocks that may offer higher growth potential but are more price-sensitive. Snapshot (cost & size) Metric IWO VONG Issuer iShares Vanguard Expense ratio 0.24% 0.06% 1-yr return (as of May 18, 2026) 30.6% 24.3% Dividend yield 0.4% 0.4% Beta 1.19 1.16 AUM $14.2 billion $44.9 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Cost-conscious investors might find the Vanguard fund particularly attractive given its 0.06% expense ratio, which is one-quarter the iShares fund's 0.24% fee. Both funds currently offer a matching dividend yield of 0.4%. Performance & risk comparison Metric IWO VONG Max drawdown (5 yr) (40.5%) (32.7%) Growth of $1,000 over 5 years (total return) $1,287 $2,068 What's inside The Vanguard Russell 1000 Growth ETF (VONG) provides exposure to approximately 394 holdings, with the technology sector accounting for 51% of the portfolio. Other major allocations include communication services at 13% and consumer cyclical stocks at 13%. Its largest positions include Nvidia Corp (NVDA 1.23%) at 13.21%, Apple Inc (AAPL +0.39%) at 11.11%, and Microsoft Corp (MSFT 0.88%) at 8.68%. Launched in 2010, the fund has a trailing-12-month dividend of $0.56 per share and seeks to mirror the performance of large U.S. growth companies. By comparison, the iShares Russell 2000 Growth ETF (IWO) targets th...