SimonSkafar/E+ via Getty Images One company that has seen its share price hold up quite well as of late is Titan Machinery ( TITN ). This is actually a bit peculiar considering the market that it plays in and the fundamental weakness that the company has exhibited because of it. For those not familiar with the firm, it focuses on the agricultural industry. Specifically, it owns and operates a network of full-service agricultural and construction equipment stores with locations spread throughout the US, Europe, and Australia. Most of its revenue comes from the agricultural sector, which has been absolutely decimated over the last year or so. But even when it comes to the construction space, the company is exhibiting some unfortunate weakness. That's why I am a bit surprised that, since I reaffirmed the business as a 'hold' candidate back in February of this year, shares have outperformed the market, rising 15.3% while the S&P 500 is up 10.9%. The unfortunate reality is that, right now at least, the firm is difficult to value. What's more, fundamentals are worsening, and I don't expect a recovery in the industry this year. Because of this, I actually believe that downgrading the stock from a 'hold' to a soft 'sell' makes sense here. Of course, I am always willing to admit that I could be wrong. The good news is that we will soon have more data with which to judge my overall thesis. I say this because, before the market opens on June 9th, management will be announcing financial results for the first quarter of the company's 2027 fiscal year. But honestly, the picture here doesn't look any better. In fact, analysts are expecting further fundamental deterioration. So unless management can come up with something big and unexpected, I really don't see myself changing my rating on it. Digging into Titan Machinery Author - SEC EDGAR Data This year, things really are not looking all that great for Titan Machinery. Take, if you will, the most recent quarter for the company. Th...

Golden Tempo with Jose Ortiz up, wins the 158th running of the Belmont Stakes with with Commandment and John Velazquez up finishing second at Saratoga Race Course on June 06, 2026 in Saratoga Springs, New York. Al Bello | Getty Images Sport | Getty Images Golden Tempo proved his Kentucky Derby win was no fluke by coming back Saturday to take the Belmont Stakes at Saratoga Race Course in Saratoga Springs, N.Y. The win made Cherie DeVaux the second woman to train a winner in the third leg of horse racing's Triple Crown. The Saratoga Springs native joined Jena Antonucci, who won the race in 2023 with Arcangelo. DeVaux is the first female trainer to win two Triple Crown races. Commandment finished second, and Renegade, who was second to Golden Tempo by a neck last month at Churchill Downs, wound up third among the field of nine. The top three all ran in the Derby but opted to skip the May 16 Preakness Stakes, the second leg of the Triple Crown, because of the two-week break between the races. Similar to how he raced at the Derby, jockey Jose Ortiz rallied Golden Tempo from last to first with another strong stretch drive. However, Ortiz needed to do it without nearly the type of pace the frontrunners in the Derby provided. That meant the other horses in the race were fresher for the stretch run than they were in Louisville last month. However, the horse owned by Phipps Stable and Vincent and Teresa Viola, showed that did not matter. "I kind of wrongfully, probably, thought that because the way the race was run in the Derby, he was having to go out and prove himself," DeVaux told reporters. "We felt the best horse won the Kentucky Derby, and he just solidified that today." At the half-mile mark in the 1 1/4-mile race, Renegade, Commandment and Golden Tempo were in the back of the pack as Powershift led the way with Growth Equity close behind. Growth Equity moved into the lead as the horses entered the final turn. That's when Renegade, Commandment and Golden Tempo, who wer...

近日，香港国际机场二号客运大楼（T2）已正式启用，标志着香港国际机场迈入“双客运大楼”运营新阶段。T2的启用不仅大幅提升了机场的旅客处理能力，更以智能科技、绿色设计与高效中转服务，进一步提升香港国际航空枢纽地位。总台记者专访了香港机场管理局机场服务总监杨达荣，解读T2的设计理念与服务目标。杨达荣介绍，T2面积达30万平方米，采用挑高“羽翼屋顶”与大面积落地玻璃窗，充分利用自然采光，空间感极强。设计上融入环保理念，内部风格主打科技、年轻、时尚与活力，配合LED互动主题切换，为旅客提供沉浸式体验。（央视新闻）

Germany's beleaguered carmakers are desperately seeking solutions for their under-used factories, with speculation swirling that Chinese manufacturers or weapons makers could move in.One solution is to open up factories for Chinese manufacturers to produce cars in Europe as they seek to get around EU tariffs on EVs, a step recently taken by Stellantis which owns Jeep and Fiat.

中部地区的“空中竞赛”还在升级。 放眼全国航空货运版图，中部崛起成为近年来最亮眼的一笔：2025年，鄂州花湖机场、郑州机场货邮吞吐量双双首破百万吨，同步跻身全球航空货运“百万吨级俱乐部”。 相较之下，同样身处中部的湖南，更像是这场竞赛的“后进者”，大量货物需“借港出海”，成本高企，时效不稳，全省国际航空货运短板明显。 就在近日，当地迎来改写格局的关键一步——岳阳三荷机场全货机启航。当地媒体直言，这是湖南“南客北货”航空货运战略落地的重要突破，更是优化开放格局、链接全球资源的深远落子。 “南客北货”的全新格局将为湖南乃至中部航空版图带来怎样的变量？举全省之力破局，被选中的又为什么是岳阳？ 新格局 视线倒回数年前，中部航空物流格局曾一度处于郑州、武汉、长沙“三足鼎立”的稳定局面。 鄂州花湖机场投用后，这一局面很快被打破。 作为亚洲第一座专业货运枢纽机场，花湖机场货邮吞吐量自2022年投运以来持续刷新纪录，用不到四年时间完成从0到100万吨的跨越式逆袭。 投运第二年（2023年），花湖机场货邮吞吐量就超过武汉天河机场、长沙黄花机场，升至中部第二位； 2024年，花湖机场货邮吞吐量进一步反超郑州机场，拿下中部第一，成为搅动航空货运格局的“最大黑马”； 2025年，花湖机场航空货邮吞吐量达114.57万吨、稳居全国机场第五位，同比大涨32.4%。 数据背后，是一个在全国航空版图中重塑坐标的中部。 在民航局“3+7+N”国际航空枢纽体系的蓝图中，“稳步推进专业和综合性航空货运枢纽建设”成为提升枢纽发展能级的关键一环。 其中，鄂州被明确为“专业性货运枢纽”，郑州、合肥分别被定位为国际物流中心、国际航空货运集散中心，成为扩大内陆开放的“探路者”。 面对正在加速改写的航空物流格局，湖南，显然不想再等了。 一边是捉襟见肘的发展空间——长期以来，湖南航空客运、货运资源高度集中于长沙黄花机场，单一枢纽承载压力大，航空资源配置不均衡，严重制约全省航空物流产业扩容升级。 另一边，随着电子信息、生物医药等时效敏感型产业加速崛起，当地对航空物流的需求空前迫切，然而，长沙黄花机场以客机腹舱货运为主，大宗货物、冷链生鲜等特种货物的规模化运输需求难以充分满足，大量货物需经外地中转，成本高企，时效不稳，阻碍了优势产业的出海步伐。 在此背景下，湖南省级层面作出战略部署，大力支持长沙—岳阳一体创建国际航空物流...

Forget Palantir Stock at $140 per Share. Buy This Artificial Intelligence (AI) Chip ETF Instead. The Motley Fool

There is an old idea that a person's home is their castle, and that the threshold of a front door marks the line between the public world and the private one. For most of human history, crossing that line meant being seen by, at most, whoever happened to be standing there. That line has quietly ...

【有線新聞】2009年雙非嬰兒腦癱案，醫委會研訊進入結案陳詞。醫委會一方稱，涉事醫生薛守智沒有即時返醫院跟進是疏忽；薛守智一方就說，醫生誤診不足以構成「專業失當」，醫委會押後下月5日裁決。 病人家屬黎志堅及彭紅英由社區組織協會幹事彭鴻昌陪同到場旁聽。涉事醫生薛守智被指控在初生男嬰首次癲癇時，沒有及時作檢查，男嬰最終腦膜炎導致腦癱及四肢殘障。 代表醫委會的資深大律師呂世杰結案陳詞，稱醫生應考慮抽筋及癲癇最嚴重的風險和後果，「嘔奶」及癲癇病情相似，如果薛守智當時有不肯定便應該返回醫院，但他選擇繼續在家睡覺。又說薛守智依賴護士觀察未必準確，而且醫生有「謹慎責任」，即使其他人疏忽，醫生都不能開脫，不論疏忽屬嚴重或輕微，都屬於「專業失當」。又指薛守智事發後與家屬會面，只報稱男嬰曾經抽筋，沒提及自己當時判斷男嬰是嗆奶，認為薛守智作供時說謊。又說他至今仍記得，當日與護士對話的每一個字，質疑他是機會主義者，不誠實亦不可信。 薛守智一方結案陳詞反駁，說薛守智證供跟醫療紀錄吻合，是可靠證人。反指護士為推卸責任，有動機於作供時隱瞞，舉例男嬰凌晨3時半癲癇發作，護士隔一小時才致電醫生，護士的供詞又是否可信。又說指控關乎薛守智有否及時為男嬰檢查與有否誤診無關，他當時診斷男嬰是嗆奶，指示護士不要再餵奶，若男嬰再度發作便要通報，反映他有跟進處理。除非能證明醫生有嚴重失誤，否則單是疏忽或誤診不足以構成「專業失當」。 事發在2009年，家屬持續追究，醫委會在2016年才首次聆訊，於去年即近10年後，以案件拖延多年為由，繼續研訊會導致不公，決定永久擱置研訊，及後政府介入才重啟研訊。 病人家屬對於醫委會押後裁決表示失望，病人父親黎志堅：「我們都等了十多年，16年了，現在又要等。本身希望這天有結果出來，怎料又押後，又要推遲一個月才知，心情肯定很複雜。」

Property developers are focusing on building shopping centres featuring lush greenery, gardens and water features in mainland China, as such spaces have become more attractive to shoppers and retailers than conventional high-density malls. “Consumers increasingly view retail destinations as places to spend time rather than simply places to buy products. This reflects the continued growth of online retail as well as changing lifestyle preferences,” said James Macdonald, head of research for China...

Since 2014, the Stock Connect scheme has become a major channel for Hong Kong and international investors to buy stocks on the Chinese mainland. But cross-border traders have grown frustrated in recent months, as they have been unable to access a wave of blockbuster listings by AI companies on the mainland. Likewise, mainland investors could not take advantage of a string of recent initial public offerings by artificial intelligence firms in Hong Kong. Here, we explain why Stock Connect does not...

designer491/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist High-income investors can often seek investments in municipal bonds that provide tax-exempt payouts. A fund like the VanEck CEF Muni Income ETF ( XMPT ) can provide significant diversification to muni bonds, helping to limit overall risk from what is a fairly safe fixed-income investment anyway. With that said, they take an approach of investing in an underlying portfolio of closed-end funds that invest in munis. That presents a couple of points of concern that will increase relative volatility to what is typically a safe muni exposure. That includes most of these underlying funds being leveraged and the discount/premium that shares of CEFs can trade at. That is, the fund's share price can trade wildly differently from the underlying net asset value per share because it is based on supply and demand on the open market. For ETFs, such as XMPT, they traditionally trade at negliblie discount/premiiums because of the creation/redemption mechanism. XMPT Basics Dividend Frequency: Monthly Dividend Yield: 5.69% (SEC yield 5.92%) Expense Ratio: 1.97% (including acquired fund fees and expenses) Leverage: N/A Managed Assets: $212.5 million Structure: Passive ETF XMPT seeks "to replicate as closely as possible, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund Index (CEFMXTR), which is intended to track the overall performance of the U.S.-listed closed-end funds that invest in U.S. dollar-denominated tax-exempt market." While XMPT doesn't carry leverage on the fund level, its underlying portfolio holdings do. As a fund-of-funds approach, it comes with AFFE, increasing that ratio, but the management fee is somewhat reasonable at 0.40%. I'd say somewhat reasonable because for a passively managed fund, that is still fairly high but is lower than the ~0.50% average across the ETF universe. Performance - Discounts Tighten Even Further...

每天清晨，福特首席执行官都会关注同一个数据：全美经销商的汽修人员缺口有多大。近期这一缺口始终维持在5000人左右。 福特首席执行官吉姆・法利表示，几年前用工荒问题更为严峻，但目前的人员缺口依旧巨大，企业必须尽快补齐。技术人员短缺推高了人力成本，还导致车辆维修工期延长。他在采访中称：“消费者正在为此承受不便。” 包括福特在内的大型企业以及各类慈善机构正纷纷推出项目，鼓励更多美国人投身技术工种。仅今年新推出的相关举措，投入资金总额就已达约4亿美元。 彭博慈善基金会将于下周启动一项耗资9000万美元的新项目，重点帮助更多高中生进入技术行业就业。该机构与福特在底特律展开合作，双方各出资250万美元，部分资金用于为高中生新建汽车维修工位。 该项目计划在未来三年内培养300名汽车维修技师，这些学生高中毕业后可直接入职福特旗下经销商，为行业补充青年劳动力。 法利说：“我们的维修技师普遍年龄偏大，这着实是个难题。”福特表示，仅今年企业就投入3亿美元，用于填补各类关键岗位空缺。 这笔最新资金将在六个以上州落地相关帮扶工作，内容包括翻新教学场地、为学徒学生发放实习津贴等。 美国技术工种从业者老龄化加剧，与此同时，数据中心建设热潮与高端制造业投资扩张，让技术工人的需求急剧攀升。美国建筑承包商协会估算，受电工岗位需求激增等因素影响，今年建筑行业就需要新增34.9万名从业人员才能满足市场需求。 不过，新一代潜在劳动力正在涌现：Z世代对蓝领职业的兴趣日渐浓厚。部分学区开始重启实训课程，越来越多慈善资金也投入其中，进一步推动这一趋势发展。 例如，劳氏零售集团基金会已承诺投入2.5亿美元重振技术行业，大部分资金于今年春季公布。项目计划到2035年累计培训25万人，具体举措包括扩招实训讲师、在乡村地区增设流动教学课堂。此外，该基金会还出资打造一部三集电视系列片，讲述技术从业者及其导师的故事。 责任编辑：陈钰嘉

据中央气象台网站消息，中央气象台6月7日10时发布暴雨橙色预警：预计，6月7日14时至8日14时，重庆、贵州、湖北西南部、湖南中西部、广西、广东大部、江西南部、浙江南部、台湾岛西南部等地部分地区有大到暴雨，其中，重庆南部、湖南南部和西部、贵州东部和南部、广西北部和南部沿海、广东南部沿海等地部分地区有大暴雨，贵州东南部、广西北部等地局地特大暴雨（250～330毫米）。上述部分地区伴有短时强降水（最大小时降雨量30～50毫米，局地可超过80毫米），局地有雷暴大风等强对流天气。

SlavkoSereda/iStock via Getty Images The 1-Minute Market Report June 7, 2026 And just like that, the historical 9-week rally is over. It met an ignominious end when the market got shellacked on Friday, after the announcement of a much better than expected employment report. The headline loss of 200 S&P 500 points masked the brutality of the selloff. Stocks of all sizes and flavors took heavy selling, with very few escaping the wrath of Mr. Market. We will cover all of the important action using the charts and tables below, beginning with a snapshot of the past 4 weeks. S&P 500 Last 4 Weeks How bad was it? We took out everything we had gained over the last month. S&P 500 last 4 weeks (Author compilation) Zoom Out To Twelve Months When we look at the market on a month-by-month basis, we can see how powerful this rally has been since the end of March. April was up 10.4%, and May has finished with a very respectable gain of 5.4%. It has now given back exactly half of those gains. S&P 500 returns by month (Author compilation) S&P 500 Drawdowns Drawdowns are back. As you can see, this is a particularly sharp drawdown, at least in the initial stages. Will the dip-buyers show up and save the day? I'm counting on them. S&P 500 drawdowns (Author compilation) A Look At The Bull Run Since 2022 Despite the pounding we took on Friday, we have still doubled our money in the last 3.5 months. That's twice as fast as normal. S&P 500 price since 2022 (Author compilation) Major Index Performance Last Week Nasdaq stocks got creamed last week, especially the Nasdaq 100, which is where many of the hyperscalers live. Microcaps were one of the hottest parts of the market, so it was no surprise that they were a target for sellers last week. Indices returns last week (Author compilation) Major Asset Class Performance Blockchain companies had one of their worst weeks ever - down 10.1%. Bitcoin and most other cryptocurrencies can't catch a bid. Asset class returns (Author compilation) Equity Se...

口碑崩了，却都还在玩？ 当下，轻量化的桌面挂机玩法已经成为Steam平台愈发热门的游戏品类。不同于需要长时间专注、频繁操作的重度游戏，这类产品无需玩家耗费大量时间和精力，适配日常休闲、办公摸鱼等轻松场景，能够有效缓解大众生活与工作带来的疲惫和压力，因此积累了稳定且庞大的受众群体。 （图上三款游戏都获得“好评如潮”的评价） 对于中小型游戏团队而言，这类桌面挂机游戏的开发优势也十分突出。相较于大型网游、3A产品，它的研发周期更短、开发成本更低，玩法框架简单易落地，同时可以依靠本体免费、DLC拓展、道具交易等多元方式实现营收，风险低、容错率高，自然成为很多独立小团队、小型工作室的优选赛道。 《TBH：塔斯克巴・英雄》（《TBH: Task Bar Hero》）正是这条热门赛道里近期快速出圈的产品。游戏上线一周内，人气一路走高，增长势头十分迅猛，初期在线人数仅7千左右，截至发稿，其在线用户规模已经超过26万，且整体数据依旧保持稳步上涨的态势，热度尚未见顶。 （截至发稿前，游戏的Steam在线人数冲进了全球前四） 《塔斯克巴・英雄》上线初期的口碑表现十分亮眼，凭借轻松的任务栏挂机玩法、自由的道具交易体系，收获了约九成的玩家好评，整体风评极佳。 但随着玩家体量暴涨，服务器负载过载、道具掉落概率异常、各类游玩漏洞等问题接连暴露，大幅拉低了玩家的实际游玩体验，直接导致游戏后续口碑持续下滑，差评数量不断增加。 即便风评出现明显起伏，玩家对《塔斯克巴・英雄》的整体热情依旧没有消退，社区讨论度与在线热度始终维持在高位。这也足以侧面证明，这款游戏的轻量化玩法、独特的桌面挂机RPG模式和自由的交易生态，确实具备独有的吸引力与核心竞争力，能够牢牢留住大批忠实玩家。 安静地打怪 如果非要说《塔斯克巴・英雄》的出彩之处，依我的游玩体验来说，这款放置RPG，玩法框架可以说是同类产品里最朴素基础的那一档。 先从游戏的页面设计说起，《塔斯克巴・英雄》没有堆砌繁杂花哨的UI界面，窗口在电脑屏幕里只占很小一块区域，这份简约克制，也是它能在一众放置游戏里收获不少好感的关键原因。 对照配图就能直观体会这点。得益于游戏窗口占屏面积小巧，日常办公时把主要视线放在工作页面上，基本不会被侧边的游戏界面分散心神。再加游戏主打放置挂机，全程不用频繁手动操作，忙里偷闲抽空看上两眼、短暂摸鱼放松片刻，反倒能舒缓紧绷的状态，间接...

资金价格整体平稳 主要观点 本周央行公开市场业务转为净回笼，买断式逆回购缩量续 作 。 本周央行逆回购投放 2262 亿元 ， 逆回购到期 9089 亿元，逆回购净投放 -6827 亿元； 3M 买断式逆回购投放 5000 亿元， 3M 买断式逆回购到期 8000 亿元，买断式逆回购净投放 -3000 亿元 。 资金价格整体平稳 。 本周 R001 收于 1.39% （前值 1.39% ）， DR001 收于 1.34% （前值 1.33% ）。 R007 收于 1.39% （前值 1.40% ）， DR007 收于 1.38% （前值 1.38% ）。 DR007 与 7 天 OMO 利差收于 -1.78bp 。 6M 国股银票转贴利率收于 0.64% 。 关注银行资金面的边际变化。随着央行回笼资金，银行融出量边际下降，存单净融资回升，但非银和银行利差有所收窄，资金是否会继续抬升，在季末之前仍存在不确定性，仍需继续观察。 本周债市先强后震荡调整，行情呈现长短端分化格局 。 周初跨月资金宽松带动债市走强，长端收益率低位下行；随后市场止盈情绪升温叠加资金面边际收敛，债市震荡回调，短、中端收益率小幅上行，超长端表现相对抗跌 。累计看，本周 1 年国债收益率上行 1.97bp 至 1.18% ， 10 年国债收益率上行 1.17bp 至 1.72% ， 30 年国债收益率下行 0.10bp 至 2.20% 。 存单收益率普遍上行。 本周 3M 收益率上行 2.00bp 收于 1.37% ， 6M 收益率上行 3.00bp 收于 1.41% ， 1Y 收益率上行 1.50bp 收于 1.45% 。本周 1 年存单与 R007 利差走阔 2.40bp 至 5.43bp 。 本周 存单净融资显著上升 。 本周存单净融资 2569.2 亿元，前值 -321 亿元。发行结构来看，本周加权平均发行期限 8.2M （前值 7.9M ）， 3M 存单发行 424.3 亿元， 6M 期限发行 1557.9 亿元， 1Y 期限发行 1976.5 亿元 。 政府债净发行回落。 本周 国债净发行 -307 亿元，地方债净发行 908 亿元，政府债合计发行 601 亿元（前值 2760 亿元），净缴款合计 -2507 亿元（前值 6044 亿元）。下周 （ 2026 年 6 月 8 日 -2026...

没有政治正确 DEI、没有夹带私货，15-20小时的线性流程节奏紧凑，剧情反转干脆不拖泥带水，关卡和地图设计老道，射击战斗躲掩体也是手感丝滑。 通关《 007：初露锋芒 》这款游戏后，小发仿佛回到了那个线性 3A 爆发，游戏厂商手搓打磨游戏关卡和流程的年代，从头舒服到了脚底板。 要说 2026 这半年来，最让我惊喜的一款游戏，非 007 莫属。 如果你被千篇一律的开放大地图，和所谓的大世界游戏折磨得不轻，感觉不少游戏都在水时长浪费你的时间，甚至已经开始电子阳痿，那不妨也搞一个 007，体验一把英雄主义拉满的大英帝国特工生涯。 首先，作为沉寂多年的 007 官方 IP 衍生游戏，初露锋芒对电影中的各种经典元素，都进行了完美还原。 相信在座的各位，就算没看过英国正版 007，肯定也对国产凌凌漆略有耳闻。 007 的标志性要素，总结下来基本就这么几条，在游戏中都能找到对应： 比如第一条，就是一定要有一个风流倜傥万人迷，单枪匹马强无敌，又有点碎嘴子的英勇特工，詹姆斯邦德。 而这次游戏中的詹姆斯邦德，被设定成了一个特工新人，故事会从你如何成为职业特工开始讲起，用整个新手教学关，帮助玩家代入特工的训练视角。 最让人惊喜的是，单是一个开头，玩起来跟看电影没啥区别，各种影视剧中才会出现的混剪与镜头转场，被制作组巧妙地和教学做了结合，玩下来也能感觉到自己的操作在一步步变熟练。 同时还在这之中穿插了故事背景的叙述，讲了邦德如何从一个刺头，变成整个特工训练班核心成员的故事。 不过最重要的，还是邦德的人设。 这次的邦德除了是个年轻的 00 后以外，别的一点没变。 依然是帅帅气气，桀骜叛逆，走在执行任务的路上，都会有路人夸这小伙倍儿精神的程度。 玩家扮演的角色也是全程骚话不断，顶撞上司，插科打诨碎嘴子，像极了七八十年代，由罗杰摩尔扮演的第 3 代邦德。 而第二条，你懂的，007 里一定要有个性感带派的邦女郎。 这次 007 中的主要女角色，颜值都相当能打，身材好又大大方方展示。 比基尼、紧身裤一个不落，各种日常的服饰造型上没少下功夫。 甚至就连路人都有不同程度的性格塑造，暧昧桥段贯穿始终。 邦德这小子绝对艳福不浅，把妹的路上顺便就把任务做了属于是。 即便是黑人女性角色，也没有一丁点的刻意丑化，符合绝大多数正常玩家的审美。 比如同样是 007 系列特色，也是永远站在邦德背后的女人，钱班霓，在 ...

世界杯赛事拉动休闲餐旅就业增长 核心观点 核心观点： 5月美国非农就业再次大超预期，行业结构、居民端就业和失业结构数据健康；前值显著上修，带动3个月均就业增长达到2024年4月以来新高。其中， 世界杯赛事拉动休闲餐旅行业就业增长，是本月就业数据的一大亮点 。近期美国经济数据超预期的频次显著上升，5月市场对美国经济走向过热的概率预期上升。展望看， 预计世界杯期间，赛事经济和旅游外需对美国服务业的提振，将带动美国经济阶段性过热，这意味着未来1-2个月美国就业、通胀和超级核心通胀仍存在超预期向上的可能 ，叠加AI和油价的影响，9月前美联储的加息预期很难被撼动。不过， 今 年夏天可能是美联储加息预期的高点 。9月开始，市场计价的今年12月加息预期面临回调风险。 5月非农：大超预期，紧货币预期升温。 2026年5月新增非农就业+17.2万，预期+8.8万，前值由+11.5万上修至+17.9万，前两个月累计上修9.3万（此前为下修1.6万），使得3个月均值升至18.8万，为2024年4月以来最高水平。失业率录得4.3%，持平预期与前值；时薪环比+0.3%，同比+3.4%，均持平预期。 大超预期的就业数据公布后，市场对美联储加息预期骤升 ，目前已充分定价2026年12月美联储将有1次加息，而此前预期下一次加息时点为2027年3月。大类资产交易紧货币，美债收益率和美元上行，周五当晚，10年美债利率从4.46%飙升至近4.55%，美元指数站上100，黄金大跌超100美元/盎司，美股期货大跌。 就业结构：世界杯赛事拉动休闲餐旅就业增长，行业结构延续改善。 企业端，5月新增就业数据大超预期的同时，行业结构也持续优化，延续了4月数据的特点。5月新增的17.2万非农就业岗位中，休闲餐旅行业贡献7万，政府部门贡献5.2万，教育医保行业贡献4万，三者为新增就业的主要贡献来源。其中， 休闲餐旅新增就业为2023年3月以来新高，餐饮和住宿分项均显著增长，或是对今年6-7月美加墨世界杯的“预热” 。本月休闲餐旅就业的改善，也使得教育医保行业不再是美国新增就业的绝对主力，剔除医保后的私营部门就业在5月显著抬头，就业结构较为健康。与此同时，与AI相关性较强的IT（占总就业的1.8%）与金融活动（5.7%）行业仍处于裁员趋势。 供需结构：失业率结构改善，供需缺口再度回正。 居民调查问卷展示的美国5月就业同样...

作者丨铅笔道 黄小贵 编辑丨铅笔道 祝枝杉 中国人一年买七八亿双运动鞋。 但很少有人知道，阿迪达斯鞋并不是阿迪达斯造的，李宁鞋也不是李宁造的。 真正把它们生产出来的，是一家绝大多数消费者从未听说过的公司，它叫龙行天下。 最近，这家藏在品牌背后的鞋厂，向A股主板发起冲击。 2025年，龙行天下营收58.34亿元，归母净利润2.58亿元，年销量超过5100万双运动鞋，全球26家工厂，已经成为中国第二、全球第七大的运动鞋履制造商。 它服务的客户有李宁、安踏、Under Armour、阿迪达斯、迪卡侬、HOKA等全球运动品牌。 从湖南打工仔到全球第七鞋厂 龙行天下的故事，带着典型的中国制造业色彩。 上世纪90年代，湖南常德桃源县是全国著名的劳务输出大县，大量年轻人南下广东东莞制鞋。 1969年出生于太平铺乡的龙树初，1992年从桃源职业中等专业学校毕业后，和弟弟龙进初随务工大军南下，进入广东中山市一家鞋厂打工。 后来，龙家兄弟与陈同举一起创业，从模具厂起步，逐步进入鞋底制造、鞋面加工，再到整鞋生产。 很多人以为运动鞋制造是一门低端生意。 实际上，今天一双高性能跑鞋背后，是材料科学、人体工程学、自动化生产和供应链管理的综合竞争。 以跑鞋为例，一双鞋往往涉及几十种零部件、材料，以及数十道工序。谁能够把这些环节稳定整合起来，谁就拥有了竞争壁垒。 龙行天下最聪明的地方，在于没有停留在简单代工。 招股书显示，公司产品已经覆盖跑鞋、专业运动鞋、户外鞋、休闲鞋等多个领域，并向鞋底、模具等产业链上游延伸。 这种模式有点像富士康。富士康并不拥有苹果品牌，但掌握制造能力。龙行天下同样如此。 在运动鞋产业里，品牌决定需求，制造商决定交付。 而随着中国运动消费升级，运动鞋行业正在经历一次深刻变化。 十年前，中国运动品牌主要依赖代工厂完成基础生产。今天，越来越多品牌要求供应商参与设计开发、材料创新和产品研发。谁能够从"制造"走向"共同开发"，谁就能拿到更高利润。 这也是为什么龙行天下能够跻身全球前十鞋履制造商。 截至2025年，公司运动鞋产量约5100万双，全球拥有26家工厂。仅湖南桃源一个生产基地，就吸纳数千名员工，并带动40多家上下游配套企业聚集。 很多投资人喜欢研究消费品牌。但事实上，在很多消费产业链里，真正长期赚钱的往往不是品牌，而是供应链龙头。耐克背后有华利集团，苹果背后有富士康。 而国产...

Key PointsTesla's demand is less tied to the AI hype cycle, and its AI integration differentiates it from companies such as Oracle.

China’s central bank extended its gold-buying streak in May, adding to holdings as prices of the precious metal remained under pressure. Bullion held by the People’s Bank of China rose by 320,000 troy ounces last month, according to data released on Sunday. The latest addition extended its buying streak to 19 months, the longest since at least 2015, when the PBOC began publishing more regular updates on its gold reserves. Gold edged lower in May, marking a third consecutive monthly decline after it hit a record in late January. Persistent inflation concerns and expectations for higher-for-longer interest rates triggered by the war in the Middle East have weighed on the appeal of non-yielding assets. Global central-bank purchases have been a key pillar of support for bullion in recent years. Goldman Sachs Group Inc. said last month it expects the buying to be stepped up as geopolitical developments are likely to reinforce a push to diversify reserves.

Getty Images Transport stocks have been quiet winners so far in 2026. Amid the AI boom and lackluster performance from cyclical slices of the domestic equity market, trucking and rail names have offered upside and even some diversification benefits. Changes are happening fundamentally, too, with a recent FedEx ( FDX ) spinoff and ongoing rejiggering at UPS ( UPS ). I had a buy rating on the latter back in December. Shares have returned 11% in the past six months, outperforming the S&P 500 by a percentage point. Today, I reiterate a UPS buy call. I ' ll provide fundamental updates and a refreshed look at " brown ' s " technical situation. UPS Beating SPY YTD, Lags FDX StockCharts.com S&P 500 Dividend Yield Heat Map: UPS 6.0% Dividend Yield Finviz Back in April, UPS reported a solid set of quarterly results. Q1 non-GAAP EPS of $1.07 topped the Wall Street consensus forecast of $1.02, while revenue of $21.2 billion, down 1.4% from the same period a year earlier, was a material $230 million beat. The management team reiterated its FY 2026 guidance. But shares sunk 4.0% in the following session, marking the worst earnings reaction back to July 2025. Looking ahead to the July 28 report, the options market prices in an elevated 6.5% earnings-related stock price swing based on the at-the-money straddle expiring soonest after the Q2 release. Implied volatility on the $94 billion market cap Industrials sector stock is 30.3%, implying about a 2% daily change, while short interest on the stock is low at 3.2%. For longer-term shareholders, UPS ' s dividend yield is now 6.0%, which is very high and almost five percentage points above that of the S&P 500. Looking back on the quarter that was, UPS's turnaround strategy continued to make strides, namely, a reduction in Amazon volume by approximately 500,000 ADV, the closure of 23 buildings, and the expansion of cost-saving initiatives such as its Driver Choice Program. While the top line and operating profit fell, the declines were ...

环比增加32万盎司 6月7日， 央行公布数据显示，中国5月末黄金储备报7496万盎司，环比增加32万盎司，4月末为7464万盎司，为连续第19个月增持黄金。 中国5月外汇储备34422.4亿美元，预期34110亿美元，前值34105.5亿美元。

Key PointsThe iShares Core S&P Total U.S. Stock Market ETF provides exposure to the entire domestic market with a significant technology tilt, whereas the Vanguard Value ETF focuses on undervalued large-cap stocks.

当地时间2026年6月6日，国家副主席韩正在明斯克出席中国－白俄罗斯产业与投资合作论坛开幕式并致辞。韩正说，习近平主席指出，中国和白俄罗斯是真朋友、好伙伴。近年来，在习近平主席和卢卡申科总统的战略引领下，两国关系持续高水平发展，经贸投资合作亮点纷呈，展现出蓬勃生机和强大活力。2025年中白双边贸易额是建交之初的近150倍。两国元首亲自关注、亲自推动的中白工业园入驻企业达到178家，有力带动当地经济社会发展，成果惠及两国人民。中方愿继续同白方以诚相待、以信相交，积极落实两国元首重要共识，推动中白全天候全面战略伙伴关系高水平发展，更好惠及两国人民。(外交部网站)

AI 刚出来的时候，老板们都以为裁员降本的机会来了。 想象的是，一个 AI 顶三个人、不眠不休、随叫随到、不用涨薪、不用社保，还能 24 小时在线。 听起来很完美，现实是 AI 确实不摸鱼，也确实不加班，它只是每多干一点，就多收一点钱。 以至于现在很多公司已经开始直呼：烧不起 token 了。 很多人第一反应都是：不至于吧？AI 不是越来越便宜吗？ DeepSeek 出来以后，不都说大模型成本打下来了？ 但很多人忽略了一件事：模型是降价了，可企业用得也越来越狠了。 从一个人偶尔用，到全员都在用，再到几十个 Agent 在后台 24 小时自己跑，结果就是单次调用是便宜了，月底账单却越来越贵。 比如，Uber 给 5000 名工程师开放 Claude Code ，短短几个月几乎烧光全年 AI 预算。 微软这段时间，也开始踩刹车，收紧内部 Claude Code 的使用权限，不再让工程师无限制调用。 说白了，就是之前那种“想怎么用就怎么用”的阶段，结束了。 亚马逊更直接，干脆把内部的 AI 使用排行榜给撤了。 原因很简单，他们发现一旦把“用了多少 AI ”当成指标，员工就会开始为了排名疯狂刷 token。 看起来所有人都在积极拥抱 AI，实际上很多调用根本没有产出，就是单纯“为了用而用”。 米哈游在一次多 Agent 实验里，几十个 Agent 在后台互相调用、互相等待、互相确认，你问我一句，我回你一句，你再确认我一下，谁都没有真正收尾，整个调用链越滚越长。 最后，一个晚上就烧掉了约200万元 token，而真正产出的价值却微乎其微。 看到这里，很多人可能会有个疑问：token 到底是什么？为什么能把一家公司烧成这样？ 其实，token 可以理解成 A I世界里的电费。 你在聊天框里问一句，AI 几秒钟回你，看起来像是免费的。 但在企业后台，每输入一句话、每输出一段内容、每调用一次模型、每让 Agent 执行一个工具，甚至 AI 和 AI 之间互相讨论，都会产生 token 消耗。 更关键的是，AI 和传统软件的收费逻辑完全不是一回事。 以前买软件，成本基本是固定的。一个账号多少钱，一年预算多少，年初就能算个八九不离十。 AI 不一样，它是按使用量收费，而且这个使用量还会随着业务复杂度不断放大。 一个员工偶尔问几句，成本可能没多少；整个团队一起用，费用就开始往上涨。 等再...

俄罗斯文化部长柳比莫娃日前表示，俄方计划扩大与中方在电影领域的合作规模。柳比莫娃在圣彼得堡国际经济论坛期间接受采访时表示，中国电影行业和电影经济处于世界前列。中国电影人不仅看重影片的经济效果，而且注重剧本所能体现的价值、道德和传统。她说，现阶段，俄罗斯电影人正致力于开发中国市场。在这一过程中，票房并非主要考量因素，俄罗斯电影能够进入中国市场即意味着成功。（央视新闻）

A New Shortcut To Quantum Entanglement Authored by University of Chicago via ScienceDaily , Many of the most promising quantum technologies, including advanced sensors and future quantum computers, depend on a phenomenon known as entanglement, where particles become deeply connected and influence one another in ways that cannot be explained by classical physics. Creating the complex entangled states needed for these technologies has traditionally required sophisticated equipment and carefully designed experimental systems. Researchers have shown that a few simple adjustments to a standard quantum optics setup can generate a surprising range of highly entangled quantum states. Credit: Clerk Group Researchers at the University of Chicago Pritzker School of Molecular Engineering have now proposed a much simpler approach. Their new theoretical method can generate and control a wide range of entangled quantum states using tools that are already common in many quantum physics laboratories. The work, published in Physical Review X, could help advance ultra precise quantum sensing and open new opportunities for exploring fundamental physics. "We wanted to take simple ingredients that you find in a lot of physical platforms and put these together in a minimal way to get something interesting, complex and powerful," said Aashish Clerk, professor of molecular engineering at UChicago PME and senior author of the new study. The research was supported by Q-NEXT, a U.S. Department of Energy National Quantum Information Science Research Center led by DOE's Argonne National Laboratory. Rethinking Cavity QED Systems The team's approach is based on cavity quantum electrodynamics, commonly known as cavity QED. In these experiments, atoms or other particles are placed inside an optical cavity, which consists of two mirrors that trap light between them. The particles then interact with the confined light inside the cavity. A limitation of many cavity QED systems is that all of the atoms ...

Rose Abuin | New York Daily News | Tribune News Service | Getty Images At least 12 people were wounded in a shooting near an Ohio festival, police say. A search for the suspects was ongoing following an outbreak of gunfire that sent crowds scrambling for cover. Two of the wounded were in critical condition, Toledo Deputy Police Chief Joe Heffernan said. He said it appeared there were at least two people firing weapons who were "probably shooting at each other." The Toledo Police Department said the shooting happened near the Old West End Festival, an annual gathering of live music and home tours in a historic district of the city. The department said an active search was underway for those responsible. "I am deeply concerned about the situation in Toledo tonight. Summer festivals should be safe spaces for families to spend time together without fear of violence," Ohio Gov. Mike DeWine said in a statement. Multiple videos posted to social media showed people running over the sound of gunshots and emergency officials tending to others who appeared wounded. Kevin Berry said he was sitting in the neighborhood arboretum listening to live music with his friends when he heard a handful of gunshots ring out. "Everybody hit the deck," he said. When he looked back up, he saw a gun being tossed to the ground less than 50 feet (15 meters) away from him. Police officers who were already on-site for the festival immediately responded to the scene. Berry, who has medical training and served in the U.S. Navy, said he walked around the area looking for potential victims who might need help. He said he saw at least five people with gunshot wounds. "The folks who were hit were spread out around the arboretum area," he said. The Old West End Festival is a two-day celebration in Toledo's historic district that includes live music, food vendors, home tours and shopping. Berry described it as the "kick-off to Toledo's summer festival season." Choose CNBC as your preferred source on Google...