kodda/iStock via Getty Images Plains All American Pipeline ( PAA ) ( PAGP ) wobbles between small gains and losses in Thursday's trading as Goldman Sachs upgrades to Neutral from Sell with a $24 price target, raised from $18, reflecting a stronger crude macro environment and an improving albeit still modest growth outlook for the company. Goldman analyst John Mackay also points to Plains' ( PAA ) ( PAGP ) solid free cash flow generation and potential as an M&A candidate as the industry continues to consolidate. Plains ( PAA ) ( PAGP ) now has a more focused strategic outlook following the recently closed sale of its Canadian natural gas liquids assets, and with new estimates reflecting the Canada sale and Q1 earnings, Mackay sees a ~3% EBITDA compound annual growth rate for 2026-30, alongside ~3x leverage and a ~10% FCF yield over the period. Mackay still expects Plains ( PAA ) ( PAGP ) to lag some peers that have higher EBITDA growth and/or higher shareholder return potential, which prevents consideration of a more constructive stance, but downside risks to the stock have moderated. More on Plains All American Pipeline Plains All American: A Good MLP In A Sector With Stronger Options Plains All American: Why I'm Downgrading This 8% Yield Despite The Oil Price Spike Plains All American Pipeline Q1 2026 Earnings Call Presentation

P_Wei/iStock Unreleased via Getty Images BlackRock, Inc. ( BLK ) built a sort of multi-engine setup that keeps delivering steady growth, even as the stock has de-rated to about 18.7x forward earnings while operating results have continued to improve. Since I last said “ Buy ,” the stock has dropped 14.4%. The pullback happened even though the company just put up another strong quarter, with the business posting stronger year-over-year revenue, adjusted operating income, and adjusted EPS. The pullback has also come alongside negative private-credit valuation headlines and regulatory-risk discussion, even as the underlying numbers are improving. I’m still bullish and sticking with my Buy call. BLK What’s driving the disconnect right now is that people may not be giving enough weight to BlackRock’s operating leverage, its 44.5% adjusted operating margin, and the way its business mix has shifted toward higher-fee areas. In Q1 2026 , net inflows were $129.7 billion. That capped off a huge year, $743.8 billion in net new assets over the last twelve months, with quarterly inflows cooling from Q4 2025’s $342 billion, even though the last twelve-month total was higher than the $698 billion full-year 2025 pace. The most important thing here: new money is showing up in the higher-fee areas. Alternatives saw $14.6 billion in net inflows for the quarter and $56.3 billion over the past twelve months. Just private markets brought in about $9.1 billion in net new assets in Q1. That’s a sign that BlackRock’s mix of options for big institutional clients is working; more people are choosing the custom, higher-value stuff. At the end of the quarter, assets under management were at $13.9 trillion; that’s down a bit from the previous quarter. You can see the shift in what’s driving revenue, too: Q1 2026 base fees came in at $5.4 billion, up 24% from a year earlier. Alternatives now make up 16% of base fees, with alternatives base-fee and securities-lending revenue up about 25% year over ...

格隆汇6月5日｜俄罗斯总统普京：俄罗斯与伊朗保持信赖的关系，俄方能够帮助推动危机解决。

Federico Casalegno, Executive Vice President of Design at Samsung Electronics speaks with Bloomberg’s Kate Moriarty about design innovation and AI-enabled experiences at Bloomberg Tech 2026 in San Francisco. (Source: Bloomberg)

The rehiring comes roughly 18 months after GM effectively shut down Cruise in December 2024, when the company stopped funding the unit’s robotaxi ambitions.

Pre-IPO perpetual futures A lot of people want to bet on SpaceX’s stock. A lot of other people want to bet against SpaceX’s stock. In approximately one week, the people who want to bet on SpaceX will be able to do so to their hearts’ content: SpaceX will be publicly traded, albeit with a fairly low float, and you’ll be able to buy as much as you want at some price. People who want to bet against SpaceX will also get more or less what they want at more or less the same time: Once SpaceX is public, you will be able to borrow shares and sell them short . On the other hand: A week is a long time, there will be a lot of SpaceX news in the next week, and a lot of people want to get their bets in now . Even in a week, not everyone who wants to bet on, or especially against , SpaceX will get exactly what they want. The supply of shares to borrow (for short selling) might be tight and expensive. Many current shareholders — employees, venture investors, special purpose vehicles — have lockup agreements that prevent them from selling their stock, or selling short to hedge, for months after the IPO. See page 269 of the SpaceX prospectus : “Shareholders … may not … engage in any hedging or other transaction or arrangement (including, without limitation, any short sale or the purchase or sale of, or entry into, any put or call option, or combination thereof, forward, swap or any other derivative transaction or instrument, however described or defined) which is designed to or which reasonably could be expected to lead to or result in a sale, loan, pledge, or other disposition (whether by such lock-up party or someone other than such lock-up party), or transfer of any of the economic consequences of ownership, in whole or in part, directly or indirectly, of any lock-up securities, whether any such transaction or arrangement (or instrument provided for thereunder) would be settled by delivery of our common stock or such other securities, in cash or otherwise.” A more freewheeling, g...

格隆汇6月5日｜据半岛电视台：美国官员表示，霍尔木兹海峡的航运通道保持畅通，但是否通过该海峡由船只自行决定。

格隆汇6月5日｜据半岛电视台：美国官员表示，自4月8日与伊朗达成停火协议以来，已有约1000艘船只通过霍尔木兹海峡。

Explore Alpha Picks Today! Join Pro Quant Portfolio Now! Sign Up for the Quant Growth & Income Portfolio! This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Daniel Snyder : Hey, everyone. Daniel Snyder here from Seeking Alpha. Thank you so much for taking the time to join us on this beautiful celebration. And by celebration, I mean, it has been one year since we've launched the PRO Quant Portfolio here on Seeking Alpha, and I'm excited because we have to dive-in with Steven Cress and Emma Johnston today from the Quant team. You know them if you've been in the product. If you don't know anything about the product, if you're new here to Seeking Alpha, we'll go over some of the overview as well. But first things first, let's go ahead and get a quick legal disclaimer out of the way. Steven Cress : Let's do it. Okay. DS : The PRO Quant Portfolio is not an investment product run with real money. It is not a brokerage account and neither enables nor reflects actual trading activity. No recommendation or advice is given as to whether any investment is suitable for a particular investor. You are solely responsible for determining whether any investment, security, strategy, product, or service is appropriate or suitable for you based on your investment objectives and personal and financial situation, and for evaluating its benefits and risks. Seeking Alpha is not a fiduciary by virtue of any person's use or access to the site. Any views or opinions expressed in the webinar do not reflect those of Seeking Alpha as a whole. Any content and tools on the platform are offered for information purposes only, and Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker, US investment ...

Investor Turned $258K to $3M This Year Using This Micron ETF 24/7 Wall St.

A screenshot circulating on r/MU_Stock shows a brokerage account went from $258,506.22 in buying power to $2,971,054.95, a 823.97% year-to-date gain, on a single trade. The poster went “all in on 2x margin” on Micron at $120 and funded it with a HELOC. The cleaner ETF wrapper for that trade is Direxion Daily MU Bull ... Investor Turned $258K to $3M This Year Using This Micron ETF

Investor Turned $258K to $3M This Year Using This Micron ETF Yahoo Finance

Prime Minister Sir Keir Starmer mets the family of Henry Nowak at 10 Downing Street.

格隆汇6月5日｜俄罗斯总统普京：美国总统特朗普的和平提议可以作为与乌克兰达成和平协议的基础。他仍需说服乌克兰。

Senator Bill Cassidy (R-LA) speaks during the CNBC CEO Council Summit in Washington D.C. on June 2, 2026. Aaron Clamage | CNBC Louisiana Republican Sen. Bill Cassidy signed onto an amicus brief calling President Donald Trump 's " weaponization " fund a "dire threat" to Congress and the constitutional order. The amicus brief from Cassidy and Sen. Cory Booker , D-N.J., was filed Wednesday in a case challenging the fund that's working its way through court in Virginia. Cassidy last month lost out of a runoff in Louisiana amid a Trump-backed primary challenge , and Congress is weighing amendments to a budget reconciliation bill that could ax the "lawfare" fund entirely. Cassidy's inclusion on the brief is a window into the broad opposition to the fund from Senate Republicans, who rarely buck Trump due to potential political consequences. It also underscores how Cassidy, who has no more elections to run, could complicate future votes in the Senate. The brief argues that the court, which halted the fund temporarily in May , should uphold its block. The senators argued that the fund represents the "immediate and dire threat to our constitutional order and the authority of Congress." "The existence of the Fund strikes at the core of Congressional authority and our Constitutional order," the senators said. Read more CNBC politics coverage Michael Dell courted Trump early. His company has reaped rewards Trump DOJ ‘lawfare’ fund temporarily blocked by judge as suit proceeds Bondi defends handling of Epstein files to House panel The lawmakers say the fund violates the "Spending, Appropriations, and Appointments," while stepping on Congress's authority over the federal purse. They argue it could also financially compensate convicted violent rioters who stormed the Capitol on Jan. 6, 2021, trying to disrupt the certification of former President Joe Biden's electoral victory. "To deliberately deploy public funds, in violation of the Constitution and the laws of this nation, to com...

While Wall Street fixated on a multi-billion-dollar headwind, the real story was in how the very nature of AI demand was quietly changing.

格隆汇6月5日｜据半岛电视台：美国官员表示，与伊朗的停火协议依然有效，但我们将继续保护我方部队并对伊朗港口实施封锁。

格隆汇6月5日｜俄罗斯总统普京：乌克兰危机是局部性的，而伊朗危机具有全球性影响。

Mohamad Faizal Bin Ramli/iStock via Getty Images Fund Highlights Seeks to exploit market inefficiencies using a proprietary income, price and volatility framework Construct portfolios that generate consistent tax-free income by capturing diversified sources of credit, liquidity and term premiums Control price sensitivity at the portfolio level by managing duration and yield curve positioning Identify and purchase bonds that the Sub-Advisor believes are attractively priced relative to historical averages and adds positions in a risk-controlled manner Municipal issues are analyzed through a proprietary approach for various environmental, social and governance (ESG) criteria Market Recap The municipal bond market experienced a volatile start to 2026, shaped by shifting macroeconomic expectations, geopolitical developments, and meaningful rate repricing. While the broader economic backdrop remained relatively resilient, investor sentiment was challenged by the escalation of geopolitical tensions, most notably the Iran conflict, which introduced near-term inflationary risks and tempered growth expectations. Despite these pressures, underlying economic fundamentals remained stable, with U.S. GDP growth trending in the 2.0%–2.5% range and supported by a resilient consumer, solid earnings outlook, and improving productivity trends. Inflation expectations moved modestly higher during the quarter, though underlying pressures from wages and housing remained contained. The U.S. Federal Reserve (Fed) maintained a cautious “hold steady” stance, with market expectations shifting toward a prolonged pause in rate cuts. While consensus pricing implied no cuts in 2026, expectations remained centered around one to two potential cuts given signs of moderating growth and a gradually weakening labor market. Against this backdrop, the municipal market delivered a negative total return, with the Bloomberg Municipal Bond Index declining 0.18% for the quarter. Performance was largely driven b...

Peter Thiel and 830 Brickell (Getty, 830 Brickell) Peter Thiel’s family office leased space at OKO Group and Cain International’s 830 Brickell tower in a record deal for Miami-Dade County. The deal is for $250 per square foot for nearly 18,200 square feet of space on the 44th floor of the building, with Thiel’s family office taking over part of the space previously leased by the now collapsed Brazilian bank Banco Master, according to Bloomberg, which cited an anonymous source familiar with the m

After closing underperforming stores and focusing its attention on high-margin luxury merchandise, Macy’s ( M ) enjoyed its best quarter in four years and its fourth consecutive quarter of comparable sales gains. The results lifted shares to their highest level since January and gave a boost to peers Dillard’s ( DDS ) and Kohl’s ( KSS ) in Thursday’s trading. “Performance was positive across all nameplates,” said BTIG’s Robert Drbul. “We are encouraged by Macy’s progress under the ‘Bold New Chapter’ strategy, which was especially evident in Q1 results. The underlying drivers of margin expansion remain intact, supported by stronger regular price sell-through and improved inventory composition with less aged product.” Seeking Alpha analyst Louis Gerard also sees the Bold New Chapter strategy behind the company’s recent outperformance while reinvestment in remaining stores is “validating the turnaround thesis.” “Luxury also seems to be compounding as both Bloomingdale’s and Bluemercury are the structural growth engines and are taking share amid disruptions at Saks,” Gerard adds. Guidance incorporated any potential impact on discretionary spending from macroeconomic and geopolitical factors and a larger tariff impact on the first half of the year than on the second. This encouraged management to “take a prudent approach to guidance, giving flexibility within its business model to respond to changes in the competitive landscape and external environment.” “We believe management’s guidance was appropriately conservative,” said Citi Research analyst Paul Lejuez. “Management believes they are early in their private label evolution… and now believe they have the right brands in their portfolio but from here will evolve the assortment to best complement their national brand.” Lejuez adds. After trading defensively for the first half of 2026, shares have been gaining ground, buoyed by a recent investment (and vote of confidence?) from Berkshire Hathaway ( BRK-A ) ( BRK-B ). Bes...

格隆汇6月5日｜俄罗斯总统普京：特朗普真诚地寻求解决乌克兰危机。

Andi Edwards/iStock via Getty Images Broadcom Inc. ( AVGO ) just caused a major slash in the world of chips after reporting its Q2 '26 earnings results on Wednesday after the bell. The results were a disappointment, even as Broadcom bulls; there is no other way to put it. The problem is that everyone knew the good news heading into print, and worse is that there was little expectation of red flags, but we got some. This is a cocktail for a reset to stock and expectations, and that’s what we’re seeing Thursday morning. YahooFinance The Three-Strike Disappointment For the quarter, Broadcom reported sales of $22.19B, in line with the base expectation of $22.12B but missing LSEG expectations of $22.27B. Outlook did not move the needle meaningfully despite management guiding for sales to grow 32.5% sequentially to $29.4B, beating expectations for $28.5B but not enough to impress. The top-line print and guide against expectations were strike number one for the Q2 print. That’s what first began to pull the stock back by roughly 4%. This is the result of a run-up in expectations; into print, Broadcom saw 42 upward EPS revisions versus only 1 downward. Expectations caught up as did the stock price run with Broadcom shares gaining about 63% since late March and 13% in the past five days alone. Things got worse on the earnings call , and that’s where strikes two and three come out. The second strike was the lack of any upward revisions to AI-related revenue for 2027 beyond the stated 10 GW and +$100B figure for its six core AI custom ASIC businesses. Analysts pushed for a higher guide during the Q&A but got none outside of commentary about strength extending into 2028. This doesn’t fare well against Marvell ( MRVL ), which reported last Tuesday and raised its FY27 data center sales guide from 40% Y/Y growth to 50% and its FY28 guide from 50% to 55%, marking the fourth time we’ve seen Marvell raise guidance. And, guess what? Last week, even that did not impress investors, with ...

格隆汇6月5日｜俄罗斯总统普京：只有上帝知道我是否能健康地履行到总统任期结束。我没有考虑下一次选举的问题。

July NY world sugar #11 (SBN26 ) today is down -0.02 (-0.14%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.50 (+0.11%). Sugar prices recovered from early losses today and are mixed after dollar weakness spurred some short-covering in sugar futures. Sugar prices are under pressure today...

NVIDIA (NasdaqGS:NVDA) announced new collaborations that bring Akamai Guardicore Segmentation into its Vera BlueField-4 STX AI factories at the hardware level for Zero Trust security. Ayar Labs joined the NVLink Fusion ecosystem to support optically connected, high bandwidth AI infrastructure. These moves extend NVIDIA's AI platform into security and connectivity partnerships that aim to set new reference points for how hyperscalers and enterprises design AI factories. NVIDIA...