Welcome to Edition 8.43 of the Rocket Report! A disclaimer: No one yet fully appreciates the ramifications of Blue Origin's New Glenn rocket explosion Thursday night on its launch pad at Cape Canaveral, Florida. What we know as of this writing is that much of Blue's sole orbital-class launch pad has been destroyed, and the New Glenn rocket will be grounded for an extended period of time. It is too soon for any hot takes, at least until the Sun rises at the Cape on Friday morning. One thing I am sure of is that we will be writing about this event for weeks, months, and years to come. As always, we welcome reader submissions . If you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets, as well as a quick look ahead at the next three launches on the calendar. Charting China's contribution to space junk. There's a problem with the drastic uptick in Chinese space launches over the last decade. China appears to be ignoring long-established norms about disposing of the upper stages of rockets, Ars reports . These are the parts of the vehicle that separate from the first stage of a rocket and push a satellite or spacecraft into orbit. In the early decades of spaceflight, launch operators routinely left upper stages in orbit after they released their payloads. But most launch companies today reserve enough propellant in their rockets to remove them from orbit to avoid the risk of spent upper stages becoming a source of space debris. But China is not following this trend. There has been striking growth in China’s rocket body mass. In the past five years, the mass of Chinese rocket bodies in long-lived orbits has risen from less than 100 metric tons to 252, according to a new analysis by Space Domain Awareness expert Jim Shell . Read full article Comments

格隆汇5月29日｜欧盟委员会批准高达90亿欧元的西班牙政府补贴以保障电力供应安全。

A 51-year-old hiker who went missing on Lantau Island has been found dead after a two-day search amid a heatwave in Hong Kong. Authorities launched a search for the man, surnamed Chan, on Thursday after his wife made a report to police that morning. She said he had not returned home after leaving for a hike on Wednesday morning. Chan had told his family he planned to hike on section 8 of the Lantau Trail, which connects Shek Pik Reservoir with Kau Ling Chung on the southern part of the outlying island. Advertisement At 12.31pm on Friday, firefighters and search dogs found Chan as they checked near a public toilet at Kau Ling Chung campsite in Lantau South Country Park, a source said. The hiker, surnamed Chan, set off on Wednesday but did not return home. Photo: Handout Chan was unconscious when discovered and pronounced dead at the site at 1pm.

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da-kuk/E+ via Getty Images Only 10-15% of the artificial intelligence revolution’s potential market penetration has been realized so far, according to Wedbush analyst Dan Ives. In an interview with CNBC, Ives expressed strong optimism about continued AI spending, comparing the current market moment to 1996-1997 rather than the dot-com bubble of 1999-2000. “This AI party started at 9PM. It’s about eleven, 11:30PM. That party goes to 4AM, and I think that’s why we’re still in the early days,” Ives told CNBC. He projects that $4 trillion will ultimately be spent on AI development and implementation, driving significant growth across the technology sector. Ives highlighted Snowflake’s recent earnings as particularly significant, noting that the data company’s strong performance validates the expanding monetization of AI beyond just the foundational model providers. “That’s showing it’s spreading to the software use cases,” he explained, pointing to Snowflake ( SNOW ), Datadog ( DDOG ), and Palantir ( PLTR ) as examples of companies benefiting from AI’s second and third derivative effects. When asked about concerns that corporate leaders are questioning the value of their AI investments, Ives acknowledged that some companies might slow spending at certain points. However, he emphasized that his firm’s checks with enterprises and CIOs indicate acceleration rather than pullback. “It’s driving the data layer. It’s driving the infrastructure,” he said. The analyst also weighed in on upcoming IPOs, calling the expected public listings of Anthropic, OpenAI, and SpaceX a “historical period” for Wall Street. On Anthropic ( ANTHRO ) specifically, which recently achieved a pre-IPO valuation of $965 billion, Ives described the company as “the golden child” of the AI revolution, adding that “it’s the best model in the world, and I don’t think there's really a dispute there.” Ives expressed confidence in the United States’ technological leadership, noting that for the first time in t...

Burford Capital ( BUR ) declares $0.0625/share interim dividend . Payable June 12; for shareholders of record May 22; ex-div May 22. See BUR Dividend Scorecard, Yield Chart, & Dividend Growth. More on Burford Capital Burford Capital Limited (BUR) Q1 2026 Earnings Call Transcript Burford Capital Limited 2026 Q1 - Results - Earnings Call Presentation Burford Capital: We'll Have To See How Bad This Gets Small-cap financial stocks ranked by quant ratings after earnings season Burford outlines deleveraging plans while modeling more than $5B of cash from portfolio

巴西国家石油公司一位高管周四表示，该公司与SBM Offshore就塞尔希佩深水项目两艘浮式油气生产储卸装置（FPSO）的谈判已完成。 该高管补充称，这两艘FPSO的合同即将签署。首席执行官玛格达·尚布里亚德在详细介绍塞尔希佩州投资的新闻发布会上表示，这两艘船将被命名为P-81和P-87。 责任编辑：张俊 SF065

A fire in a rail yard train car near New York’s Penn Station injured five people and disrupted service for many commuters early on Friday, authorities said. The fire resulted in train delays on the New Jersey Transit and Amtrak rail services into New York and briefly suspended Long Island Rail Road (LIRR) service, more than a week after a strike had shut down that system. New Jersey Transit posted on X that it was an Amtrak train car that was on fire “in one of the Hudson River tunnels”. It said the fire resulted in “overhead wire damage”. “Impacts are expected to last through the morning rush hour,” it said. Amtrak posted on X that it suspended its service until at least noon due to maintenance resulting “from a now extinguished fire in the New York area”. It said lengthy delays were expected for trains traveling north of New York. It did not post any information about the fire itself. An email seeking comment was sent to Amtrak. Fire officials said 100 firefighters responded to the fire early on Friday and that five people were hurt. Two of them were taken to a hospital. Their conditions were not immediately known. Penn Station, underneath Madison Square Garden, can serve roughly 600,000 passengers daily via Amtrak, the New York subway system, New Jersey Transit and the LIRR. More details soon …

格隆汇5月29日｜据央视，俄罗斯外交部发言人扎哈罗娃5月29日表示，针对罗马尼亚关闭俄罗斯驻康斯坦察总领馆并宣布俄总领事为“不受欢迎的人”，俄方将很快采取反制措施。扎哈罗娃还表示，西方国家炒作罗马尼亚无人机事件，是为了转移人们的注意力。俄联邦安全会议副主席梅德韦杰夫当天指出，应先查清无人机归属。他认为，欧盟国家本身就是俄乌冲突的直接参与方，没有资格就此事件指责俄方。罗马尼亚国防部当地时间29日发布新闻公报称，一架俄罗斯无人机在罗马尼亚一栋公寓楼坠毁并引发火灾，致两人受伤。罗马尼亚总统达恩当天宣布，俄罗斯驻罗马尼亚康斯坦察总领事被列为“不受欢迎的人”，俄罗斯驻康斯坦察总领事馆将被关闭。

For the first quarter of 2026, Baron Real Estate Income Fund ( BRIIX ) returned 1.12%, trailing the MSCI US REIT Index, which gained 4.52%. The fund, in its quarterly fund letter, stated that it has initiated a new position in Essential Properties Realty Trust ( EPRT ) and reestablished Public Storage ( PSA ). During the quarter, the fund strengthened its position in Equinix ( EQIX ). On the other hand, Baron Real Estate Income Fund exited its position in Jones Lang LaSalle ( JLL ) and Toll Brothers ( TOL ). According to its fund letter, the fund also reduced its stake in Simon Property Group ( SPG ). Source: quarterly fund letter More on Baron Real Estate Income Fund;Retail, Essential Properties, etc. Essential Properties: Targeting An Underserved Segment Of The Market Baron Real Estate Income Fund Q1 2026 Shareholder Letter Toll Brothers, Inc. (TOL) Q2 2026 Earnings Call Transcript These large-mega-cap REIT stocks earned the strongest quant ratings after Q1 earnings Toll Brothers targets 10,400-10,700 deliveries in fiscal 2026 while raising full-year guidance

Key Points Ford's new energy subsidiary announced its first customer agreement. Ford is eyeing growth in Europe for its commercial vehicle business. 10 stocks we like better than Ford Motor Company › Ford Motor (NYSE: F) shares continued to push higher this week, holding on to the momentum it gained after the company announced its new Ford Energy subsidiary on May 11. Last week, Ford announced its first sales agreement for Ford Energy. That has led the stock to a new three-year high, gaining another 11.5% this week as of early Friday, according to data provided by S&P Global Market Intelligence. 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 » Two new growth paths Ford Energy was created as a pivot from electric vehicle (EV) manufacturing to battery storage, leveraging some of the company's existing assets. After writing off a large amount previously invested in EV manufacturing, the company invested $2 billion to launch Ford Energy. Ford announced a new five-year agreement to supply its new battery energy storage systems (BESS) to global energy company EDF power solutions last week. Ford's containerized energy storage systems will help power large-scale energy storage initiatives throughout the United States. Investors now have to figure out what return to expect from Ford's $2 billion investment. The stock's rerating has begun, though, driving the recent momentum in Ford shares. Ford Energy isn't the only catalyst to watch, either. Ford has also announced a new push in Europe for its Ford Pro commercial business. Ford Pro will roll out new models and smart vehicle technology to support businesses of various sizes in Europe. Ford's commercial business is its most profitable segment, so it's critical to maintain leadership in that area. Investors are betting that Ford Pro can continue to grow along...

Northrim BanCorp ( NRIM ) declares $0.16/share quarterly dividend , in line with previous. Forward yield 2.59% Payable June 18; for shareholders of record June 11; ex-div June 11. See NRIM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Northrim BanCorp Northrim BanCorp Is Still Worth Banking On Northrim BanCorp: Attractive Valuation Amid Geopolitical Uncertainty Seeking Alpha’s Quant Rating on Northrim BanCorp Historical earnings data for Northrim BanCorp Dividend scorecard for Northrim BanCorp

路透社看到的一份草案文件显示，由于伊朗战争对能源供应造成 disruption，欧盟将要求其成员国对违反甲烷排放法的石油和天然气公司免予处罚，为期三年。 此举是在美国政府及油气行业团体的施压下做出的，这些方面警告称，该法律可能阻碍欧洲获取燃料供应的能力。 此举将削弱这项全球首例的欧盟气候政策。该政策旨在遏制甲烷泄漏，甲烷是一种强效温室气体，是仅次于二氧化碳的气候变化第二大成因。 路透社看到的这份欧盟委员会草案文件指出，除“大规模欺诈性违规”外，成员国在2027年、2028年和2029年不应向违反甲烷法律的公司施加处罚。 文件称，这一变更将适用于现有的油气供应合同以及2028年1月之前签署或续签的合同。 文件表示：“在当前中东危机的背景下，为了不危及能源供应安全……并应对欧洲消费者和企业因潜在能源供应短缺导致高油价所面临的风险，成员国不应施加处罚。” 该草案文件是欧盟委员会的一项“建议”——这是一种指示成员国以特定方式适用欧盟法律的欧盟法案，但不具有约束力。 欧盟甲烷法要求，从2027年1月起，进口天然气必须遵守与欧洲等效的排放监测和验证规则。不合规的公司可能面临高达其年营业额20%的罚款。 大多数欧盟政府仍未确认将如何通过处罚来执行该法律——这引发了业界的警告，即巨额罚款的风险将阻止公司签署新的天然气供应协议。 特朗普政府已要求欧盟进一步放宽规定，在十年内完全豁免美国的油气产品。 环保活动人士表示，免予处罚将使欧盟甲烷法沦为“纸老虎”。 欧洲气候行动网络天然气政策协调员弗洛拉·维特科夫斯基表示：“如果欧盟真的想要加强能源安全，就不应削弱旨在减少对化石燃料依赖的规则本身。” 责任编辑：张俊 SF065

淘宝上最近流行起了一种键盘产品，但它只有4个按键、1个拨杆和1个麦克风接口，没有字母键，不能打字，售价269元起，搭配大疆麦克风的版本售价400多元。这个产品叫AhaKey-X1，由南京锦心湾科技有限责任公司（下称AhaKey）开发，今年春节前后才上线。 它的用途很简单：方便用户对AI说话。 用户只需按下语音键，对着麦克风口述工作指令，AI将语音转成文字后发送给Claude、ChatGPT、DeepSeek、Cursor等AI工具执行。不管是写代码、改方案还是整理会议纪要，用户都不需要打字，说出来就行，AI会自动把口语化的表达整理成结构化的文本。 AhaKey联合创始人兼CTO张心阳告诉经济观察报记者，自产品上线以来，每月销量翻倍增长，“6・18”期间公司备货量已近1000台，目前正和多家产业资本及投资机构接洽融资。 一个没有字母键的键盘能卖得好，是因为越来越多的人开始用语音代替打字对AI下达工作指令。这种办公方式最早在程序员中流行，他们用语音向AI描述需求，AI生成代码。但现在，产品经理、律师、内容创作者也开始这样做。 张心阳告诉经济观察报记者，有一个令他印象很深的用户，是一个40多岁的律师，“他连Windows电脑用得都不是特别顺”，但买了AhaKey之后，不需要打字就能和AI对话完成工作。张心阳说，这让他和团队意识到，AI时代的语音办公需求可能远比他们预想的要大。 实际上，语音输入并不是什么很新鲜的玩意儿。早在1997年，IBM就推出了商用中文语音识别系统ViaVoice，标称最高识别率95%，预装在当时的主流PC上。此后近三十年，科大讯飞、搜狗、百度等公司在语音输入领域持续投入，产品从PC端延伸到手机端，但语音始终没有成为主流的输入交互方式。 张心阳认为，变化发生在AI大模型成熟之后。“过去语音输入解决的是转文字的问题，没有解决理解语言的问题。”他说，过去的语音输入法是把你说的话逐字记录下来，错一个字就得手动改，输出的文字是口语态的，人读起来费劲，但AI大模型改变了接收端，哪怕你说得断断续续，夹着口误，AI依然能理解你的意思，再输出一段通顺的文字。 或者说，当语音输入的接收方从人变成AI，对识别准确率的要求大幅降低，语音办公才真正可以实现。 根据经济观察报记者的不完全统计，截至2026年第一季度末，全球语音AI方向的初创公司融资总额已超过70亿美元。 目前，...

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It is the end of an idiom for motivational speakers. Instead of shooting for the moon when pursuing life’s goals, researchers say people should be advised to aim a little lower if they want the best outcome. The tip may lack the punch of uncompromising drive, but aiming for merely above average tends to work out better, according to a mathematical model the team created to explore how ambition pans out. For those who want more mathematics in their lives, the model provides a guiding principle for situations as varied as knowing what salary to settle for and which flat to rent, to whether it is best to take the first parking space you find or hold out for a better one. It might even help in the dating game. Matt Burgess, an economist at the University of Wyoming, said the model provided a mathematical basis for conventional wisdom, with some important modifications. “We hear this conflicting advice where on the one hand, we don’t want to settle for what we have, but on the other, we don’t want to chase the unachievable and be disappointed,” he said. “The core insight from our work is that you’re going to be best off, typically, if you try to do better than average, but not infinitely well.” Burgess and his colleagues delved into the mechanics of ambition after earlier work found that fisheries performed best when boats stopped searching for more fish once they reached higher-than-average catches. They wanted to see if the mathematics supported the strategy in other realms of life, too. In the model, agents represent people who are searching for a particular reward and have a threshold for what will satisfy them. An example would be hunting for a job with a particular salary. As the model runs, agents reject offers that are below their threshold and accept those that clear the bar. To explore different scenarios, the researchers played around with the thresholds and offers agents received. In some cases, high rewards were rare – mimicking the odds, for example, of an ...

Cheniere Energy Partners已与柏克德能源公司就路易斯安那州萨宾帕斯LNG扩建项目一期工程签署了总价交钥匙工程、采购和建设（EPC）合同，并发布了有限开工通知，允许启动早期工程和采购工作。 该协议涵盖扩建项目一期工程，包括7号生产线、一套蒸发气再液化装置以及与现有萨宾帕斯LNG终端相连的配套基础设施。 预计一期工程的LNG年产能将超过600万吨（含估算的消瓶颈改造产能）。整个萨宾帕斯扩建项目计划建设多达三条大型液化生产线，总峰值产能最高可达约2000万吨/年（含消瓶颈改造及配套基础设施）。 Cheniere表示，该项目将分阶段开发，一期工程的最终投资决策仍需获得监管批准并完成融资安排。向美国联邦能源管理委员会提交的项目授权申请以及向能源部提交的向非自由贸易协定国家出口LNG的申请仍在审核中。 该公司表示，预计将在2027年初对一期工程做出最终投资决策。 Cheniere董事长、总裁兼首席执行官杰克·富斯科表示：“我们很高兴再次与柏克德合作开展SPL扩建项目一期工程，并期待在双方成功打造领先LNG平台过程中建立的无与伦比的卓越执行记录基础上再接再厉。EPC合同和LNTP的发布是迈向最终投资决策的重要步骤，我们预计最终投资决策将在明年初做出。我们为项目能够顺利推进感到兴奋，并将全力以赴完成剩余的必要工作以达成最终投资决策。” “SPL扩建项目的启动恰逢LNG市场动态凸显安全供应在全球能源系统中的关键性之际。我们期待将这些急需的LNG产能推向市场，并通过7号生产线为客户提供可靠、灵活的LNG。” Cheniere Partners拥有位于路易斯安那州的萨宾帕斯LNG终端，该终端目前运营中的LNG年产能已超过3000万吨。 责任编辑：张俊 SF065

文章提及标的 苯乙烯 -- 纯苯 -- 豆一 -- 原油 -- 期市夜盘开盘，国内期货主力合约多数下跌。跌幅方面，苯乙烯、纯苯、豆一、原油跌超1%。

Rivian Automotive (RIVN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this a manufacturer of motor vehicles and passenger cars have returned -25.2%, compared to the Zacks S&P 500 composite's +5.4% change. During this period, the Zacks Automotive - Domestic industry, which Rivian Automotive falls in, has gained 1.8%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Rivian Automotive is expected to post a loss of $0.89 per share, indicating a change of +25.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.4% over the last 30 days. For the current fiscal year, the consensus earnings estimate of -$4 points to a change of +18% from the prior year. Over the last 30 days, this e...

Constellation Energy Corporation (CEG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this company have returned +1% over the past month versus the Zacks S&P 500 composite's +3.8% change. The Zacks Alternative Energy - Other industry, to which Constellation Energy Corporation belongs, has lost 1.8% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Constellation Energy Corporation is expected to post earnings of $1.87 per share, indicating a change of -27% from the year-ago quarter. The Zacks Consensus Estimate has changed +3% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $7.65 points to a change of +52.7% from the prior year. Over the last 30 days, this estimate has change...

Caterpillar (CAT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this construction equipment company have returned -2.5% over the past month versus the Zacks S&P 500 composite's +1.1% change. The Zacks Manufacturing - Construction and Mining industry, to which Caterpillar belongs, has lost 1% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Caterpillar is expected to post earnings of $4.99 per share for the current quarter, representing a year-over-year change of -4.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.5%. For the current fiscal year, the consensus earnings estimate of $21.68 points to a change of +2.2% from the prior year. Over the last 30 days, this estimate has changed -1.1%. For the next fiscal year, the con...

Visa (V) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this global payments processor have returned -1.8%, compared to the Zacks S&P 500 composite's +3.8% change. During this period, the Zacks Financial Transaction Services industry, which Visa falls in, has lost 0.3%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Visa is expected to post earnings of $2.41 per share for the current quarter, representing a year-over-year change of +11.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. For the current fiscal year, the consensus earnings estimate of $9.94 points to a change of +13.3% from the prior year. Over the last 30 days, this estimate has remained unchanged. For the next fisc...

A man, a woman and a child died after falling from a high-rise block of flats in south London on Wednesday, the Metropolitan police have said. Scotland Yard said officers were called at 7.29am to reports that people had fallen from a height in Elephant and Castle. The three people had died at the scene despite attempts to resuscitate and the deaths were currently being treated as “unexpected”, the force said. No other injuries have been reported. A London ambulance service spokesperson said: “We were called at 7.31am on Wednesday 27 May to reports of an incident on Churchyard Row, SE11. “We sent a number of resources to the scene including ambulance crews, a paramedic in a fast response car, an incident response officer and paramedics from our hazardous area response team (Hart). We also dispatched a trauma team in a car from London’s Air Ambulance. “Our first paramedic arrived in around four minutes. Very sadly, despite the best efforts of our crews, three people were pronounced dead the scene.”