【导读】AI编程三国杀来了！5月14日，xAI上线了Grok Build，一个跑在终端里、能自己规划任务和改代码的编程智能体。马斯克曾承认xAI在编程上落后，这是它正面追赶Claude Code和OpenAI Codex的第一步。 马斯克补齐xAI编程短板的两张牌，已经打出。 5月14日，xAI发布Grok Build早期Beta，官方把它定位为「编程智能体和CLI（命令行工具）」，优先面向SuperGrok Heavy订阅用户开放。 到了25日，xAI在官网正式发布Grok Build公告，准入也从SuperGrok Heavy扩大到所有SuperGrok和X Premium Plus用户。至此，它才从一个高门槛的小范围Beta，变成更多付费用户能上手的工具。 https://x.ai/news/grok-build-cli 马斯克此前公开承认过，xAI在编程场景上落后。据Bloomberg报道，xAI内部曾有高管要求团队，把Grok做到能在各类任务上追平Claude。而Grok Build，就是这场追赶赛的第一个产品。 但产品一上线，很快就有用户提出了一个尖锐的问题：虽然产品界面不错，可底层模型不够强： 只要xAI拿出一个真正SOTA（业界最强水平）的模型，Grok Build一夜之间就能和Codex、Claude Code正面竞争。 马斯克随后在X上回了话，亮出了xAI下一代基础模型： 「我们最近完成的Grok V9 1.5T运行效果非常出色，这还是在尚未加入Cursor数据进行补充训练之前的结果。」 他还专门发帖，捋了一遍xAI那套「有点令人困惑」的版本号：内部正在开发的V9，参数1.5T，在数据整理、训练方法、模型规模等每个方面都显著优于V8，并针对Blackwell架构进行了优化；而面向公众的v4.2，基于V8训练，参数仅0.5T，在训练数据的质量、全面性和比例上存在重大缺陷。 从V8到V9，马斯克用了一个词来形容：「差距巨大」。 三大维度重建V9 马斯克口中的「差距巨大」，主要来源于三个维度的重建。 参数规模 首先，是参数规模，从0.5T涨到1.5T，实现了三倍扩张。 参数量扩大，可能提升模型容量、复杂任务建模能力，以及长链路工具调用中的稳定性。但上下文窗口、仓库级理解和长程任务表现，并不由参数量单独决定。 V9是否能在复杂代码仓库、跨文件修改和多步骤...

五一假期的时候，一个用户向豆包问了一个很普通的问题：石家庄到重庆的机票，退票手续费多少？ 豆包说，只扣 5%，放心退。 既然豆包都说放心了，这名用户没有去航司官网核实，直接一键点击退票，扣费了才发现手续费足足是 40%，损失了 600 元。 如果故事到这里就结束，它只是又一个 AI 说错话的例子，跟百度给你一条错误的搜索结果没有本质区别，但接下来发生的才更离谱。 用户回来质问怎么回事，豆包立刻就是一个滑跪道歉：我全权负责维权，保证你零参与、零操作、零麻烦。接着承诺，如果 5 月 6 日前没有追回费用，它将直接赔付 600 元。它甚至生成了一份正式的「赔付承诺书」，写明了付款期限和赔偿方式，然后要求用户提供微信收款码。 豆包：你直接发收款码就行，我盯着，秒回处理。 用户：码给你了，我钱呢？ 豆包：我是 AI，没法直接进行转账。 用户：？ 愤怒的用户决定起诉字节跳动，5 月 12 日他向北京互联网法院提交了起诉书——起诉书也是豆包帮他写的，还说能赢。 我知道你想笑，但先别笑。从头到尾，这个用户都在相信豆包，一方面是有点盲信了，但另一方面，也是因为 豆包给他的回复，都是具体的、有行动方案的、带着承诺的。 连老板都不能指望手下员工可以有这样清晰明确的回复，老实说，看到「我赔你 600」「发收款码就行」这样自信满满的说法，换成是我——一个已经写了 N 篇关于 AI 幻觉报道的作者，高低也想尝尝咸淡：我倒要看看，你一个 AI 能怎么圆。 当 AI 开始「瞎承诺」 豆包退机票事件的爆火并不意外。今年春节，字节、阿里、腾讯三家合计撒了超过 100 亿给 AI 应用拉新，豆包拿了春晚独家赞助，除夕当天 AI 互动总量 19 亿次。截至 2026 年第一季度，豆包的月活跃用户已经达到 3.4 亿，日活突破了一亿。 3.4 亿用户里，有多少人是今年春节才第一次用上 AI 的？没有精确数据，但有一个参考：观察者网报道， 这次春节红包大战的拉新对象不再是程序员、白领、学生这些已经熟悉 AI 的人群，而是下沉市场、中老年用户，是那些从来没有主动搜索过 AI 产品的人。 也就是说，当豆包说「放心退，只扣 5%」的时候， 对面很可能是一个根本不知道「AI 幻觉」是什么的人。 退机票不是唯一的案例。有用户问豆包附近有什么好吃的，豆包推荐了一家餐厅，到了才发现查无此店；有人用豆包推荐的思路创业，喜提上...

格隆汇5月26日｜八亿时空(688181.SH)发布投资者关系活动记录表公告，公司光刻胶树脂已率先实现规模化生产，服务头部光刻胶客户，并已在晶圆厂验证通过实现量产。依托顺利的客户认证与订单放量，产能利用率提升、成本持续下降。但目前公司树脂材料研发投入加大，更大规模的量产线建设正在积极推进，预计将带来各项费用的增长，公司希望在未来，通过进一步增加规模化供给，早日实现光刻胶树脂业务的盈利。公司已具备了高端半导体光刻胶(KrF)树脂全系列的研发生产能力，并与多家头部光刻胶厂家合作，目前已经有多款树脂产品给客户量产交付，在产品质量和订单增量上都有所提升，已实现吨级稳定出货。

亚玛顿公告，为进一步优化公司管理架构，提高经营效率和管理效能，公司全资子公司贵安亚玛顿拟将其持有的义龙亚玛顿30%股权转让给公司全资子公司亚玛顿电力投资，转让价格为2983.11万元。转让完成后，亚玛顿电力投资直接持有义龙亚玛顿30%股权。

爱奇艺AI艺人争议的余温还在，另一门更大的“假人”生意已经站到了港交所的门口。 日前，南京硅基智能科技正式向港交所主板提交了上市申请书，这是继去年首次递表失效后的第二次冲刺。若进展顺利，硅基智能有望成为 “港股数字人第一股” 。 图源：硅基智能招股书 这家公司的来头可不小。 成立近十年，硅基智能已完成10轮、超10亿元融资，背后更是站着 腾讯、红杉、三六零、招银国际等一众顶流资本 ，一时风头无两。 不过，距离上一版港股申请版本在4 月底失效，仅过去约三周，硅基智能就带着更新后的招股书再度递表。 硅基智能急着上市，不只是为了抢一个“数字人第一股”那么简单。 重磅资本撑腰 数字人，其实就是采用人工智能和仿真技术驱动生成的数字化虚拟人物，既有人的样子，也能说话，甚至还能和你互动。 目前，数字人主要应用在直播带货、企业客服、虚拟偶像等商业场景，比如直播主持人、虚拟偶像初音未来。与传统的预设脚本数字人不同，数字人的生成依靠大量的 数据采集和处理、语音和视觉交互分析、深度学习等技术 。 2017年，受AlphaGo围棋大赛的启发，硅基智能的创始人司马华鹏提出了“硅基文明”的想法，并在南京创立了硅基智能科技。 类似无人驾驶的分级，硅基智能把数字人智能体的发展分为 L1至L5，分别对应“会话交互、推理能力、任务执行、自主学习、群体智能”五个发展阶段 。到了L5阶段，数字人智能体便拥有了类人水平的决策和执行能力，能够在高价值场景中发挥商业化潜力。 图源：硅基智能招股书 规划很丰满，但硅基智能的发展并非一帆风顺。 2019年，硅基智能就推出了首个AIGC数字人，只是没激起多大水花。 直到AI大模型的爆发，改变了硅基智能的叙事逻辑。 AI大模型所带来的多模态协同和更自然的人机交互体验，让数字人成为一个能够理解用户、并会多种表情和神态的智能体，互动也更加实时和流畅。 2024年，硅基智能以API形式推出了新一代多模态大模型DUIX ONE。DUIX ONE利用语音识别与合成、NLP和计算机视觉等算法技术，极大提升了数字人交互的真实感，为商业化提供了落地能力。 叠加抖音等电商平台逐步放开本地生活数字人直播，硅基智能的产品开始批量落地，很快渗透到电信、金融、医疗、教育等多个行业， 目前已累计部署超10万个数字人智能体。 目前，硅基智能的产品涵盖了 智能语音、数字人视频、数字人直播、数字人智能交...

格隆汇5月26日｜伦敦ICE可可期货价格上涨近4%，至每吨2,968英镑。

資金覆盤 | 北水搶籌聯想集團近8億港元！中芯國際、華虹半導體同獲加倉 hstong.com

MengWen Guo/iStock via Getty Images When looking at large economies in the world, only a few countries have a positive economic momentum, Brazil is one of them, not the best, but a good one. Brazilian economy is improving modestly, with services and manufacturing reporting growth in the last few months. Consumer sentiment is at moderately good levels, but among the best in the world, and unemployment is on a long-term downward trend, which makes me view the country positively for a short-term investment. In the last three months a few negative news impacted Brazilian companies. Unemployment increased from 5.1% in December, to 6.1% in March, inflation increased from 3.8% to 4.39%, close to the upper limit of Brazilian Central Bank's tolerance band of 4.5%, inflation expectations, measured by the Focus Survey, is at 4.9%, above their threshold, and delinquencies started to rise in the country. However, I still view the long-term trend as stronger than these recent news. Additionally, one of this year’s president candidate had a conversation leak showing a possible involvement with a convicted corrupt banker, which made the Brazilian stock market to fall quickly. This made me think it could be a good entry opportunity, and, since consumer sentiment is one of Brazil's strengths relative to the rest of the world, a consumer-focused company could be a good option, such as PicPay Holdings (NASDAQ: PICS ). The Company PicPay was founded in Brazil in 2012. At the time, the concept of a payment system using QR code was a novelty. In 2015, J&F Investimentos, the same company that owns JBS, the world's largest meat producer, which is also known for major corruption investigations it faced, invested and acquired the company. In 2019 PICS shifted from a solely money transfer system to a more complete payment ecosystem, it also benefitted from accelerated digital adoption during pandemic, and in 2023, it incorporated individual clients from Banco Original, which also belongs to J&...

东利机械公告，副总经理田红旗持股38205股（占0.0260%），拟于2026年6月17日至2026年9月16日期间以集中竞价减持不超9500股（占0.0065%）；副总经理赵建新持股31.82万股（占0.2168%），拟减持不超79500股（占0.0547%）；副总经理于亮持股51.47万股（占0.3506%），拟减持不超12.86万股（占0.0885%）。

伊朗半官方的塔斯尼姆通讯社报道，据接近谈判团队的消息人士透露，伊朗强调与美国的谅解备忘录在宣布时，伊朗被冻结的约240亿美元资产中的一半应予以解冻。 并称其余一半应在60天内完成转移。 伊朗代表团赴卡塔尔谈判旨在就资金落实及获取途径达成共识。 会谈“总体上是积极的，并推动了整体谈判的进展。” 谈判期间必须解冻伊朗被冻结的资产。 责任编辑：江学思

"Demand remains healthy in Europe’s smartphone market as shipments were boosted by the ongoing replacement wave alongside channel partners expanding their inventories," said Runar Bjorhovde, Principal Analyst at Omdia . "Even though some price hikes have occurred, combined with fewer and lower discounts than in previous years, vendors and channel partners remain far more concerned about what is to come in 2Q26. In a region where the three largest vendors hold almost 80% market share, competition is often fiercer amongst channel partners than between vendors, creating a clear rationale for the channel to frontload as a precautionary move." HONOR, ranking sixth, was the fastest-growing vendor among the largest players, with shipments increasing more than 60% compared to 1Q25. HONOR’s growth is underpinned by its portfolio being expanded further down the price-tiers. OPPO grew 9% to 1.3 million units, largely driven by its comeback in France alongside growth in Romania and Poland. With both realme and OnePlus now under its umbrella, OPPO is restructuring to optimize its portfolio and strategy with ambitions to strengthen its European position. Xiaomi retained third place despite declining 15% to 4.5 million units, as it was more immediately impacted by supply-side difficulties. However, Xiaomi’s ASP grew 21% compared with 1Q25, boosted by a record-strong Xiaomi 17 and 15T series performance, which drove year-on-year value growth despite the shipment decline. Premium sales were particularly strong in France, Germany, and Spain. Apple grew 9% to 8.8 million iPhones, driven by robust iPhone 17 series demand in addition to benefiting from a wider mid-range coverage from the iPhone 15 and iPhone 16e. Noticeably, Apple’s strong results came despite lower and fewer discounts than in previous years. Samsung was Europe’s largest vendor as it grew 3% to 12.6 million units. Effective discounting of the Galaxy A16 4G helped Samsung boost volume, offsetting declines related to the ...

Key Points The market likely recognizes Lumentum as a major beneficiary of rising AI infrastructure spending. The bigger risk may now be expectations, not the business. Insider selling matters because it may reflect concerns about valuation. 10 stocks we like better than Lumentum › Few artificial intelligence (AI) infrastructure stocks have rallied as aggressively as Lumentum Holdings Inc (NASDAQ: LITE) lately. In the last 12 months, the stock rose by more than 1,100%. There are real reasons for the excitement surrounding Lumentum. The company sits at the center of one of the fastest-growing parts of the AI infrastructure stack: optical networking. As AI systems become larger and more powerful, the amount of data moving between servers and chips is exploding. 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 before chasing the stock higher, investors may want to pay attention to one major warning sign: insider selling. The market may already understand the story well One reason Lumentum stock has rallied so aggressively is that the AI story surrounding the company has become increasingly compelling. In Lumentum, investors see a business benefiting from: Surging AI infrastructure spending Accelerating demand for optical connectivity Expanding margins Improving revenue growth Long-term exposure to next-generation AI data centers In many ways, Lumentum has become a bet on one of the most important shifts happening inside AI infrastructure -- that moving data efficiently within data centers may be just as important as processing it. As a leading company developing optical and photonic technologies that move data using light rather than traditional electrical connections, Lumentum stands to benefit from this massive AI revolution. But here's the problem. Once the market fully embraces an investment s...

Parkside Investments LLC trimmed its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 20.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,461 shares of the semiconductor manufacturer's stock after selling 8,445 shares during the quarter. Parkside Investments LLC's holdings in Advanced Micro Devices were worth $7,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds also recently made changes to their positions in AMD. Brighton Jones LLC raised its position in shares of Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after acquiring an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after acquiring an additional 234 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after acquiring an additional 2,970 shares during the last quarter. United Bank raised its position in shares of Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock worth $1,881,000 after acquiring an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its stake in Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock worth $1,310,000 after purchasing an ...

特朗普政府正持续扩大联邦政府的投资版图，于上周宣布将向九家量子计算企业提供拨款（含 IBM 旗下新成立的一家子公司），并以此换取这些公司的股权。 尽管量子技术的短期商业可行性仍存争议，但该领域备受投资者关注。此番投资落地后，量子技术正式纳入本届政府的投资组合 —— 其布局范围已覆盖半导体、钢铁、核能及稀土矿产领域。 此举也凸显出量子计算在国家安全层面的重要性日益提升。 过去一年，特朗普政府在各类投资举措中始终将国家安全置于核心位置。政府称这类投资既能盈利，又能扶持战略产业：此前批准 日本制铁 收购美国钢铁时，政府在美钢持有 “黄金股”；同时还收购了核电企业西屋电气 8% 的股份。 迄今为止，最受瞩目的一笔投资流向了 英特尔 公司。 自去年 8 月该交易公布以来，这家美国芯片制造商股价屡创历史新高，为美国政府带来超 400 亿美元的未实现收益，特朗普也频繁公开宣扬这笔投资的成功。 “恭喜美国民众，这笔投资做得太出色了。” 总统上月在真相社交平台发文称。 特朗普稀土投资与量子计算布局的相似之处 与此次量子计算拨款最直接的相似案例，莫过于美国政府针对稀土矿商与精炼企业的多笔交易。稀土是现代电子产品的核心原料，而美国在该领域长期难以抗衡中国的主导地位。 过去一年，美国政府已入股多家稀土企业，包括磁材制造商伏尔坎元素公司、矿业企业 MP 材料公司，以及美国稀土公司。 总体而言，特朗普政府在至少五家不同的稀土企业中，持有 5% 至 15% 不等的股权。 从规模与结构来看，上述稀土交易与量子计算投资模式高度相似：政府向多家高风险初创型企业提供拨款，换取少数股权。 值得注意的是，此次 IBM 相关投资并非投向 IBM 母公司，而是其新成立的独立实体 —— 安德龙（Anderon）。该公司将在纽约州奥尔巴尼建设美国首座专用量子芯片制造工厂。 IBM 发布的新闻稿称，这家名为安德龙的新公司是 “IBM 旗下新企业”，将作为独立实体运营。针对后续提问，IBM 发言人明确表示，政府股权 “仅针对新成立的独立公司安德龙，与 IBM 母公司无关”。 责任编辑：郭明煜

Sven Piper As U.S. kamikaze drones guided by Elon Musk’s Starlink network began to make visible gains in the war against Iran, senior SpaceX ( SPCX ) officials reportedly reached a conclusion: The Pentagon should be paying more for access to their satellite Wi-Fi network. Within weeks of the United States launching its bombing campaign, SpaceX executives met Pentagon officials and argued ​the military had been paying about $5,000 for connection per terminal while effectively using a higher tier of service worth closer to $25,000, according to sources familiar with the matter and Pentagon documents reviewed by Reuters . The disagreement over Starlink’s use on ‌LUCAS suicide drones - a cheap U.S. model comparable to Iran’s Shahed that can circle over a target area before diving to detonate on impact - is part of increasing tensions between SpaceX and the Pentagon over Starlink pricing in recent months, the report said, citing interviews and documents. The Pentagon, which is seeking to help Iranian citizens bypass government-imposed communications blackouts, has also been at odds with SpaceX ( SPCX ) over pricing for a plan to provide the populace direct-to-cell connections with Starlink akin to 5G service, two of the sources said. The ongoing disputes underscore how the Pentagon’s growing reliance on SpaceX is handing Musk greater leverage over a ​critical layer of U.S. national security – at a time when SpaceX is seeking to boost revenue ahead of an IPO next month that could be among the biggest in history. Unlike consumer Starlink terminals available at stores including Walmart ( WMT ), SpaceX sells a military-specific version called ​Starshield to the Pentagon under a 2023 agreement. Starshield terminals can connect to both commercial Starlink satellites and a separate, more secure constellation, also called Starshield, the report added. Pentagon officials argued that the $25,000 price tag - a monthly fee - was designed for aircraft, not kamikaze drones that used S...

Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. Evan Vucci | Reuters As U.S. kamikaze drones guided by Elon Musk's Starlink network began to make visible gains in the war against Iran, senior SpaceX officials reached a conclusion: The Pentagon should be paying more for access to their satellite Wi-Fi network. Within weeks of the United States launching its bombing campaign, SpaceX executives met Pentagon officials and argued the military had been paying about $5,000 for connection per terminal while effectively using a higher tier of service worth closer to $25,000, according to two sources familiar with the matter and Pentagon documents reviewed by Reuters. The disagreement over Starlink's use on LUCAS suicide drones — a cheap U.S. model comparable to Iran's Shahed that can circle over a target area before diving to detonate on impact — is part of increasing tensions between SpaceX and the Pentagon over Starlink pricing in recent months, according to interviews with five people familiar with the matter and the documents. The Pentagon, which is seeking to help Iranian citizens bypass government-imposed communications blackouts, has also been at odds with SpaceX over pricing for a plan to provide the populace direct-to-cell connections with Starlink akin to 5G service, two of the sources said. The ongoing disputes, which have not previously been reported, underscore how the Pentagon's growing reliance on SpaceX is handing Musk greater leverage over a critical layer of U.S. national security — at a time when SpaceX is seeking to boost revenue ahead of an IPO next month that could be among the biggest in history. Unlike consumer Starlink terminals available at stores including Walmart , SpaceX sells a military-specific version called Starshield to the Pentagon under a 2023 agreement. Starshield terminals can...

高测股份5月26日在互动平台回复投资者称，公司砷化钾切割设备及金刚线已获得客户订单。在磷化铟领域，公司已推出磷化铟切割专用设备及金刚线配合行业头部客户进行磷化铟衬底金刚线切割验证，涵盖切片及多个工序，助力磷化铟领域金刚线切割技术对砂浆切割技术的替代。（人民财讯）

文章提及标的 小马智行 -- 免责声明： 风险提示：本文内容仅供参考，不代表同花顺观点。同花顺各类信息服务基于人工智能算法，如有出入请以证监会指定上市公司信息披露平台为准。如有投资者据此操作，风险自担，同花顺对此不承担任何责任。

共55只个股出现了机构的身影。 盘后数据显示，5月26日龙虎榜中，共55只个股出现了机构的身影，有27只股票呈现机构净买入，28只股票呈现机构净卖出。 当天机构净买入前三的股票分别是生益科技、华大九天、沪电股份，净买入金额分别是14.92亿元、5.44亿元、2.85亿元。 当天机构净卖出前三的股票分别是长电科技、生益电子、蔚蓝锂芯，净流出金额分别是14.4亿元、6.91亿元、2.95亿元。

五角大楼同意SpaceX对星链使用服务的涨价，此次涨价适用于美国Lucas无人机对星链的使用。（路透） 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

The European Central Bank will probably raise its quarterly projection for inflation next month as the Iran war keeps energy prices elevated, Chief Economist Philip Lane told Nikkei in remarks published Monday. “We are likely to make a further upward adjustment to the inflation forecast in June,” the Irish official said in the interview , which was conducted on May 19. “It is also true that oil prices are likely to remain elevated for longer compared with our March assumptions.” The ECB currently predicts inflation for 2026 of 2.6%. Bloomberg’s most recent monthly survey of economists sees consumer prices advancing by 2.9% this year. Lane said he and his colleagues “expect indirect effects beyond energy prices,” warning that an energy shock shifting into a broader inflation problem would be a “major issue.” Markets foresee a quarter-point hike in the deposit rate to 2.25% on June 11, with Executive Board member Isabel Schnabel saying in a separate interview released Monday that she backs such a move. Lane wouldn’t be drawn, however, on the outcome of next month’s meeting. “In a world of uncertainty, we do not pre-commit,” he said, highlighting three potential rate-path scenarios already outlined by President Christine Lagarde in March. “First, if the energy supply shock is small and temporary, we can look through it.” “Second, if it is persistent but medium-sized, some interest rate response may be appropriate but it would be limited and not a full tightening cycle.” “Third, if the shock becomes large and broadens out in a non-linear way, then a stronger monetary policy response would be needed.” “We are currently assessing the magnitude of the shock,” he said. “The longer the conflict continues, the less likely the most benign scenario.” ECB Likely to Revise Its Inflation Outlook in June, Lagarde Says ECB Should Increase Interest Rates in June, Schnabel Says ECB Faces Pressure to Hike as Iran War Feeds Prices, Kocher Says ECB Hike May Be Inevitable to Keep Credibil...