pfongabe33/iStock via Getty Images Shanghai Vs. West: Why Do Silver Prices Differ? Based on interactions with other investors and the articles I read on the Seeking Alpha platform, I assume that many readers don’t follow (or are not even aware of) the regional price spread of precious metals. As such, let me start with some basics by drawing your attention to the price differences between Shanghai (a key) and the West, briefly explaining why Shanghai Silver often Trades at a Premium relative to western markets. Take today’s silver prices as an example. As of this writing, silver futures are quoted at around $82.40 per oz on the Shanghai Gold Exchange (SGE) and at around $73.80 on the COMEX. Thus, SGE’s price is about 11.6% above COMEX’s. As shown in the next chart, such a premium is not only sizable in absolute terms, but also it's noticeably elevated from the historical baseline (with an average of around 8.54% in the past 52 weeks). A range of factors cause—and also impact—the premium. These factors range from China’s capital control, VAT (value-added taxes), the settlement mechanism, etc. The tutorial provided below should provide the groundwork needed for the rest of the analysis. The Shanghai silver premium exists because of China's unique market structure. Import quotas controlled by the PBOC limit silver supply, while strong domestic demand from jewelry manufacturing and industrial applications (especially solar panels) puts upward pressure on the SGE benchmark. Capital controls on the Yuan (CNY) limit cross-border arbitrage, allowing the SGE-vs-Western-spot spread to persist. China's 13% silver VAT does not enter the headline premium itself, since both the SGE benchmark and Western spot are quoted pre-VAT, but it raises landed and retail costs for physical buyers and acts as a friction layer that lets the spread persist longer in either direction. With this background, this article will next explain why the current elevated premium indicates to me strong odd...

Senior police figures are pushing back against politicians they accuse of stoking tensions over Henry Novak’s murder Policing could be driven back to the 1960s by false claims officers are biased against white people, the leader of Britain’s black officers has said. Ch Insp Andy George, president of the National Black Police Association, spoke out amid growing concerns that politicians such as Nigel Farage were stoking tensions around the murder of teenager Henry Nowak by making baseless and provocative claims. Continue reading...

Stocks to watch on Wednesday after-hours: AVGO, CRWD, FIVE MSN

Zoom vs. SpaceX vs. Palantir: Which Stock Offers the Best Risk-Reward for the Next 5 Years? The Motley Fool

Alphabet is funding a larger AI buildout, leaving shareholders to weigh whether Gemini usage and Google Cloud demand can translate into stronger cash-flow returns.

Alphabet (NASDAQ:GOOGL), internet services including search, ads, and cloud computing, closed Wednesday at $358.68, down 0.76%. The stock was priced lower as investors reacted to dilution from Alphabet’s record-sized equity offering and are watching how efficiently new AI and clo

Tesla's robotaxis may be coming to San Antonio soon Yahoo

Bosca78 Shares of PVH Corp. ( PVH ) are limping through the after-hours trading session with a loss of nearly 20% after the company reported better-than-feared profits but cut its revenue outlook for the year, citing the negative impacts from the conflict in the Middle East and its impact on the region’s economy. Additionally, the impact of tariffs is expected to negatively impact 2026 EBIT by $195M, or $3.30 per share. "As we look forward, we are balancing two opposing forces: on one side, the increasing brand and business momentum we are driving in both Calvin and TOMMY, and on the other, the prolonged effects of the Middle East conflict, which is putting pressure on the consumer in EMEA,” said PVH CEO Stefan Larsson. The parent company of Calvin Klein and Tommy Hilfiger now expects sales to be flat year-over-year versus earlier estimates for a slight increase. On a constant currency basis, sales are expected to decrease slightly compared to flat to a slight increase previously. The company also expects to earn an adjusted profit between $11.80 and $12.10 per share with a midpoint of $11.95 that is less than $12.10 estimates. Operating margin is seen at ~8.8%. For the first quarter, PVH earned an adjusted profit of $2.01 per share, down 12% year-over-year but $0.19 better than expected. Fueled by increased sales for both its Tommy Hilfiger and Calvin Klein brands, PVH ( PVH ) realized a modest gain in Q1 sales to $2.0B, in line with expectations. By channel, direct-to-consumer sales improved 6% year-over-year, while wholesale sales were flat compared to the prior year. Gross margin was also unchanged at 58.6%, reflecting the impact of increased tariffs, increased promotional pricing against tariff mitigation actions, and positive impact from foreign exchange rates. More on PVH Corp The Pros And Cons Of Buying PVH Corp. Now PVH: Missed Targets Lead To Clear Short Opportunity PVH Corp. (PVH) Q4 2025 Earnings Call Transcript PVH Corp Non-GAAP EPS of $2.01 beats by $0...

It seems the major third wave has completed. A shooting star pattern appears on the monthly chart—get ready. Moomoo

SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk’s rocket, space and artificial intelligence company targets a historic debut that could clear a path for more mega-listings. The Starbase, Texas-based company plans to market about 555.6 million shares for $135, according to its filing Wednesday with the US Securities and Exchange Commission. At that price, SpaceX would have a market value of almost $1.77 trillion based on the outstanding shares in the filing. Bloomberg's Anthony Hughes reports. (Source: Bloomberg)

ATI ( ATI ) announced the pricing of a $450M public offering of 5.875% Senior Notes due 2033. The notes will mature on June 15, 2033, unless redeemed or repurchased earlier. Interest will be paid semi-annually in arrears at a fixed rate of 5.875% per year. ATI plans to use ~$350M of the net proceeds to redeem all outstanding 5.875% Senior Notes due 2027. The refinancing extends ATI's debt maturity profile by replacing debt due in 2027 with notes maturing in 2033. Any remaining proceeds not used for the 2027 note redemption will be allocated to general corporate purposes. More on ATI ATI Inc. (ATI) Presents at Bernstein 42nd Annual Strategic Decisions Conference Prepared Remarks Transcript ATI: High-Quality Growth Story Remains Intact ATI Inc.: Good For Long-Term Holders, But A Bit Expensive ATI plans seven-year senior notes offering ATI outlines $1.01B-$1.06B adjusted EBITDA outlook as backlog reaches $4.1B

Nu Holdings (NYSE:NU), a digital banking provider in Latin America, closed Wednesday at $11.64, down 2.43%. The stock moved lower after another analyst downgraded it, highlighting margin pressure and leadership uncertainty. Investors are watching how the new CFO transition affect

Key PointsMounting deficits and strained Social Security and Medicare funds raise odds of higher future tax rates.

Key PointsFerrari is taking one of the brand's biggest risks, bringing its first full-electric vehicle to market.

Descartes Systems press release ( DSGX ): Q1 GAAP EPS of $0.55 beats by $0.03 . Revenue of $193.6M (+14.8% Y/Y) beats by $2.25M . More on The Descartes Systems Group Inc. The Descartes Systems Group Inc. (DSG:CA) Discusses AI-Driven Transformation of Last Mile Delivery and Fleet Performance Optimization Transcript Descartes Systems: Strong Business, But I'm Still Not Paying This Price The Descartes Systems Group Inc. (DSG:CA) Q4 2026 Earnings Call Transcript Descartes Systems Q1 2027 Earnings Preview Descartes Systems buys Idelic for $28M

Check out the companies making headlines after the bell : Broadcom — Shares fell 5% after the chipmaker reported fiscal second-quarter revenue of $22.19 billion, coming in below the $22.27 billion analysts polled by LSEG had expected. This marked Broadcom's first revenue miss since December 2024. The company's $7.18 billion infrastructure revenue also missed the $7.32 billion StreetAccount estimate. Five Below — The discount retailer tumbled nearly 9%, even as the company provided a better-than-expected outlook. Second quarter revenue is expected to range from $1.18 billion to $1.2 billion, versus the StreetAccount estimate of $1.15 billion. Same-store sales for the period are expected to grow 7% to 9%, versus 4.4% consensus. Petco — Shares of the pet retailer fell more than 4% after Petco's current-quarter forecast came in shy of Wall Street's expectations. Petco sees second-quarter revenue growth of 0.3% and adjusted EBITDA ranging from $110 million to $112 million. The consensus sought revenue growth of 0.7% and EBITDA of $115 million. CrowdStrike — The cybersecurity stock fell 9% on lackluster second-quarter guidance. CrowdStrike sees Q2 revenue around $1.44 billion, just above a StreetAccount estimate of $1.3 billon. It also expects earnings per share of $1.16 per share to $1.17 per share. Analysts expected a forecast of around $1.16 per share. Shares of Palo Alto Networks and Fortinet also traded lower in sympathy. PVH — The Tommy Hilfiger and Calvin Klein parent tumbled more than 20% after it reiterated its full-year earnings guidance. The company also posted a Q1 earnings beat, but revenue was about in line with expectations. C3.ai – The artificial intelligence application software company jumped more than 4%. C3.ai's fourth quarter adjusted loss came in at 33 cents a share on revenue of $52 million. Analysts polled by LSEG sought a loss of 37 cents per share and $50 million in revenue.

格隆汇6月4日｜据CNN，美国总统特朗普周三称以色列总理内塔尼亚胡是“伟大的伙伴”，此前，两位领导人进行了一次气氛紧张的通话。“对我来说，内塔尼亚胡一直是个很棒的合作伙伴。对其他人来说他可能没那么好，但对我来说他非常好，”特朗普说道。

Broadcom reported earnings Wednesday after AI-related revenue more than doubled in the prior quarter, with investors focused on guidance and demand from hyperscale customers.

美国海关与边境保护局局长Rodney Scott称，美国总统特朗普签署了一项关于海关执法的行政令，旨在阻止具有威胁性的产品进入美国。 Scott在白宫的签署仪式上发表讲话。 Scott说：“我们将开始追究贸易方面把威胁性物品和威胁性产品带入我国的责任，就像我们在边境其他方面所做的那样”。 责任编辑：丁文武

Macy's CEO Tony Spring discusses the company's earnings, consumer spending trends and the outlook for retail sales with Romaine Bostick on "Bloomberg The Close." (Source: Bloomberg)

Apple stock has been on a hot streak alongside a broader AI and tech rally, with next week's Worldwide Developers Conference potentially serving as the next catalyst.

Apple Stock Has Been Hot Lately. New AI Features Could Provide the Next Boost Investopedia

US ⁠President Donald Trump suggested he might keep the Ultimate Fighting Championship cage-fighting arena being built on the lawn of the White House as a permanent fixture. The Republican compared ‌the structure, which is being built for a night of cage fighting to mark the 250th anniversary of US independence – on Trump’s 80th birthday – to France’s Eiffel Tower which was supposed to have been dismantled 20 years after it was built in ⁠1889. “We’re building something in front of the White House...

ALAB: Scorpio switching and optical connectivity drive robust growth and long-term market leadership TradingView

Sven Piper/iStock Editorial via Getty Images SpaceX ( SPCX ) formally unveiled plans for what could become the largest initial public offering in history, seeking to raise approximately $75 billion through the sale of 555.6 million Class A shares priced at $135 each, according to a preliminary filing released Wednesday. The rocket and satellite company, formally known as Space Exploration Technologies Corp., plans to list its Class A shares on Nasdaq and Nasdaq Texas under the ticker symbol "SPCX." At the proposed offering price, SpaceX would have a market value of roughly $1.77 trillion based on its outstanding shares, placing it among the world's most valuable publicly traded companies. A landmark moment for public investors The IPO is expected to be a watershed moment for both the space industry and public markets. At approximately $75 billion, the offering would eclipse Saudi Aramco's record $29.4 billion IPO in 2019 and rank as the largest stock market debut ever completed. The transaction could also clear a path for other highly valued artificial intelligence companies to pursue public listings. Investors have poured capital into AI-related businesses over the past two years, and a successful SpaceX debut could further strengthen demand for large-scale technology and infrastructure offerings. For years, investors seeking exposure to SpaceX have largely been limited to private markets and secondary share transactions. The IPO would provide public investors with direct access to one of the world's most closely watched aerospace companies while creating a public valuation benchmark for the rapidly expanding commercial space economy. Funding AI, satellites and launch infrastructure SpaceX said proceeds from the offering will be used for general corporate purposes, including expanding its artificial intelligence operations, launch services business and Starlink satellite network. The filing also disclosed that the company expects to use a portion of the proceeds, a...

Broadcom and CrowdStrike fell late on earnings. The SpaceX IPO price target and size have been set with the offering next week.

SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. The company, formally known as Space Exploration Technologies Corp., said Wednesday it will sell 555.6 million shares at $135 a piece. The offering would give SpaceX a market value of $1.77 trillion.

韩国5月外汇储备 4269.9亿美元，前值4278.8亿美元。