格隆汇5月25日｜伊朗准备将高浓缩铀运出该国境内。

Gold is a commodity that you can easily buy. All you need to do is visit a coin shop and acquire a few gold coins. That's actually an expensive and inefficient option, but buying a gold-linked exchange-traded fund (ETF) such as SPDR Gold Trust (GLD 0.76%) isn't much better. Why? Because an ounce of gold can only ever be an ounce of gold. Here's the best way to invest in gold in 2026. The no-growth gold mistake There's nothing wrong with buying gold bullion or a gold-linked ETF, per se. They provide direct exposure to the precious metal and, in the case of an ETF like SPDR Gold Trust, they are fairly easy to buy and sell. The problem is that you are entirely reliant on gold's price to determine your return. If you are speculating on the price of gold over the short term, that shouldn't be an issue. However, if you are a long-term investor looking to use gold as a diversification tool, you should probably go with another approach. One commonly chosen option is a gold miner like Newmont Mining (NEM 0.64%). A miner provides exposure to gold, and the business can grow over time by increasing production. Right now, Newmont is benefiting mightily from high gold prices, producing a record $3.1 billion in free cash flow in the first quarter of 2026. Buying a company like Newmont is not a bad choice, either, but operating a mining business is very difficult, capital-intensive, and generally leads to a fairly concentrated bet on a small number of mines. Streaming and royalty companies could be better A better choice could be streaming and royalty companies like Franco-Nevada (FNV +0.15%), Royal Gold (RGLD 0.91%), and Wheaton Precious Metals (WPM 0.65%). From a top-level view, these companies provide cash up front to miners like Newmont in exchange for the right to buy gold at advantaged prices in the future. Essentially, streaming and royalty companies finance miners and are paid in gold and other precious metals. Expand NYSE : NEM Newmont Today's Change ( -0.64 %) $ -0.69 Cur...

Key Points Sandisk is on track to deliver significant earnings growth over the next couple of years. The stock has jumped phenomenally this year, but investors can still expect terrific upside. 10 stocks we like better than Sandisk › Sandisk (NASDAQ: SNDK) stock has been one of the top performers on the stock market in 2026, with shares of the memory specialist rising more than 5x so far this year. However, what's worth noting is that analysts expect Sandisk's red-hot rally to continue even after its remarkable rally. Last month, equity research firm Bernstein noted that this semiconductor stock could soar to $3,000. Analyst Mark Newman of theinvestment researchfirm believes that the booming demand for NAND flash chips and the sustained increase in pricing will be a tailwind for Sandisk. 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 » Bernstein's $3,000 estimate is based on a significant increase in the company's earnings over the next three years, suggesting the stock will double from current levels. But can Sandisk indeed live up to Bernstein's expectations and deliver such terrific gains? Let's find out. Sandisk's valuation suggests that the market hasn't completely priced its growth potential Sandisk is trading at 50 times earnings, a slight premium to the tech-focused Nasdaq Composite index's price-to-earnings ratio of 43. However, this premium is justified by the exponential earnings growth that Sandisk has been clocking. The company's adjusted earnings in the first nine months of fiscal 2026 (which ended on April 3) jumped by 11.5x year over year to $31.32 per share. Even better, Sandisk's guidance of $31.50 in earnings per share for the current quarter points toward a massive acceleration in growth. Sandisk is therefore on track to end fiscal 2026 with $62.82 in earnings per share (based o...

格隆汇5月25日｜德国DAX指数上涨2%至25,388.27点，法国CAC指数上升2%至8,279.02点。

Key Points EchoStar’s spectrum deal with SpaceX will give it an equity stake alongside cash. EchoStar’s SpaceX stake could be worth billions if the IPO valuation holds up. EchoStar remains risky, but its growth prospects are not entirely dependent on its shrinking pay-TV business. 10 stocks we like better than EchoStar › SpaceX will be one of the most sought-after initial public offerings (IPOs) in Wall Street's history. However, with a valuation expected at close to $2 trillion, retail investors may struggle to buy in early enough to capture meaningful upside. That makes EchoStar (NASDAQ: SATS) an unusual way to get exposure to SpaceX before the rocket and satellite company starts selling stock. 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 » EchoStar agreed to sell 65 megahertz of wireless spectrum to SpaceX, providing support for SpaceX's Starlink to offer direct-to-device service (connecting regular phones directly to satellites). The deal was first valued at about $17 billion, but amended terms could lift the total to about $20 billion, including up to $11 billion in SpaceX stock valued at $212 per share. In May 2026, the FCC approved EchoStar's broader $40 billion spectrum sale to SpaceX and AT&T. These regulatory approvals have brought EchoStar closer to receiving cash and SpaceX stock. EchoStar's SpaceX stake is changing the story EchoStar is not a clean alternative to SpaceX. The company's legacy satellite TV business remains under pressure, with pay-TV subscribers declining by about 366,000 in the first quarter of fiscal 2026 (ending March 31, 2026). However, EchoStar has also reduced its net loss and improved its operating income before depreciation and amortization year over year. These improvements are giving investors a reason to look beyond the shrinking pay-TV business toward its s...

NIKE, Inc. NKE is pursuing several strategies to drive growth despite weakness in China and the EMEA regions. The company continues to benefit from its strong global brand equity, innovation pipeline and expanding digital ecosystem, which might help offset pressures across these regions. NIKE is focusing on product innovation across running, basketball, training and lifestyle categories, introducing footwear franchises and refreshing classic lines to maintain consumer interest. Innovation remains central to NKE’s strategy as it helps differentiate the brand in a highly competitive athleticwear market. The company is also accelerating its direct-to-consumer business through digital apps, websites and owned stores. NKE focuses on boosting member engagement via platforms like the SNKRS and Training Club. This strategy allows NIKE to build stronger customer relationships, gain consumer data insights and improve margins by reducing reliance on wholesale partners. The company is also strengthening its direct-to-consumer business through its apps, membership ecosystem and digital platforms, which support higher engagement and profitability. In North America, demand trends have shown relative stability compared with China and EMEA. In Greater China, cautious consumer spending, rising competition from domestic brands and evolving consumer preferences continue to hurt. The company is also dealing with issues related to excess inventory, promotional activity and slower product innovation in the region. In EMEA, macroeconomic uncertainty and softer discretionary spending are weighing on traffic and purchasing behavior. Promotional activity across the athleticwear industry is also affecting margins. While near-term growth may remain uneven, improvements in inventory management, product launches and digital expansion could gradually support recovery once consumer demand stabilizes. The company is focusing on localized product development, strengthening partnerships, improving dig...

The Zacks Property and Casualty Insurance industry is placed within the top 17% of the 245 Zacks industries. It currently carries a Zack Industry Rank #42. The insurers remain well-poised for growth, riding on better pricing, prudent underwriting, increased exposure, an improving rate environment, a solid capital position, and ongoing economic expansion. Price Performance Though the property and casualty (P&C) insurance industry has returned 6.4% in the past year, compared with the Finance sector’s growth of 17.9% and the Zacks S&P 500 composite’s rise of 18.4%, here are three P&C insurance stocks that have performed well over the past year, riding on strong fundamentals. Stocks like Palomar Holdings, Inc. PLMR, W.R. Berkley Corporation WRB, and Axis Capital Holdings Limited AXS have not only crushed the S&P 500 composite but also outperformed the industry and the sector in the past year. These stocks are poised to maintain the rally, given their solid prospects. Image Source: Zacks Investment Research Driving Forces Global commercial insurance rates declined 4% in the second quarter of 2025. This marked the fourth consecutive decrease in the composite rate following seven years of increases, per the Marsh Global Insurance Market Index. Price hikes, operational strength, higher retention, strong renewal, and the appointment of retail agents should help write higher premiums. Per Deloitte Insights, gross premiums are estimated to exceed $722 billion by 2030. Non-life insurers are exposed to catastrophe losses, and their profitability is vulnerable to the same. According to the Swiss Re Institute, the global insured losses from natural catastrophes reached $80 billion in the first half of 2025. This is nearly double the 10-year average and more than half of the $150 billion (in 2025 prices) estimated for 2025, following the long-term annual growth trend of 5-7%. Insured losses from severe convective storms were $31 billion in the first half of 2025, per the Swiss Re I...

Ares Management Corporation’s ARES assets under management (“AUM”) balance is steadily rising, driven by higher fee-related revenues, strong fundraising momentum and continued platform expansion. As a global alternative investment manager, Ares Management benefits from growing investor demand for private credit, real assets, secondaries and insurance-linked investment solutions. As of March 31, 2026, ARES’ total AUM was $644.3 billion, up 18% from the prior-year period. Fee-paying AUM increased 19.2% year over year, while perpetual capital AUM jumped 39.1%. This is important because fee-paying AUM directly supports management fee revenues, while perpetual capital provides a more stable and long-duration earnings base. Over 2019-2025, the company’s AUM recorded a six-year compound annual growth rate (“CAGR”) of 26.9%, reflecting strong capital inflows into private credit strategies, higher fundraising through wealth management channels and increased allocations to insurance-related managed assets. The company’s organic growth profile also remains encouraging. Revenues witnessed a six-year CAGR of 21.2% through 2025, aided by higher management and performance fees from an expanding asset base. In the first quarter of 2026, revenues rose 43.7% year over year. Management continues to target 16-20% or more annual organic growth in fee-related earnings and more than 20% annual growth in realized income over the medium term, indicating confidence in the scalability of the business. Strategic acquisitions further strengthened Ares Management’s long-term growth prospects. The February 2026 acquisition of BlueCove expanded its systematic credit capabilities, while the 2025 GCP International deal enhanced its real assets and digital infrastructure platform. These transactions broaden ARES’ product offerings and improve its ability to capture global investor demand. Current concerns in the private credit market could moderately slow Ares Management’s near-term AUM growth, as we...

格隆汇5月25日｜据瑞典北欧斯安银行在一份研报中指出，自美伊冲突爆发以来，在主要的G10经济体中，英国的利率预期经历了最为剧烈的重估调整。数据显示，自2月27日以来，市场对英国央行利率预期的净上调幅度已达106个基点。相比之下，同期美国的利率预期上调了78个基点，欧元区上调了69个基点，挪威则上调了70个基点。LSEG数据显示，目前英国货币市场已充分计入2026年将加息48个基点的预期。而在美伊冲突爆发之前，市场预期的情景是年内至少会有两次降息。

Huawei Touts Sanctions-Busting Chip Breakthrough, SMIC Shares Erupt Semiconductor Manufacturing International soared to a record high in China after Huawei unveiled what it described as a breakthrough pathway for advanced semiconductor production at the IEEE ISCAS conference, without relying on the West's most advanced chipmaking equipment. Huawei's semiconductor chief, He Tingbo, told the audience earlier today that the company has developed a "New Semiconductor Path in Practice" that replaces traditional Moore's Law-style geometric scaling with time scaling and reducing signal propagation delay across devices, circuits, chips, and systems. Huawei's press release stated : In her speech, she presented the Tau (τ) Scaling Law, a new principle for guiding the future development of the semiconductor industry. This law proposes replacing geometric scaling with time (τ) scaling as a new guiding principle for the evolution of both semiconductors and electronic systems. Based on this principle, innovative technologies such as LogicFolding can be used to continuously compress signal propagation delay and steadily improve transistor density, which will drive the ongoing evolution of semiconductors and electronic systems. Tingbo said Huawei plans to make 1.4-nanometer chips by 2031 using its own "LogicFolding" architecture. TSMC has said it expects to begin mass production of 1.4nm chips in 2028, leaving Huawei about five years behind the global leader, Taiwan Semiconductor Manufacturing. Tingbo claims LogicFolding can boost chip performance and will be used in upcoming Kirin mobile chips expected this fall. This comes as U.S. sanctions on advanced chipmaking equipment and high-end semiconductors have been aimed at slowing China's push into cutting-edge chip production. Shares of Chinese chip stocks surged, with SMIC jumping more than 18% and Hua Hong Semiconductor hitting daily limits. The view is that this is a potential breakthrough in China's effort to bypass U.S.-led exp...

格隆汇5月25日｜派诺科技公告，公司5月23日收到董事长李健通知，其收到南昌市公安局出具的《取保候审决定书》。南昌市公安局决定对其取保候审，期限从2026年5月23日起算。李健已于2026年5月24日向公司董事会提交书面辞呈，申请辞去公司董事长、法定代表人等相关职务。辞职后，李健仍将继续担任公司董事职务。

Pope Leo XIV published his first encyclical on Monday, dubbed Magnifica Humanitas, on “safeguarding the human person in the time of artificial intelligence.” And while AI is the hook, the problems Leo focuses on are older and more pervasive: inequality, war, the erosion of democracy, and the concentration of power in the hands of those who don’t necessarily care whether humanity writ large remains magnificent. Throughout the 200-page document, which the pope presented alongside Anthropic co-founder Chris Olah, Leo argues that technology built and governed by a small elite cannot, by definition, serve the common good. “When such power is concentrated in the hands of a few, it tends to become opaque and evade public oversight, increasing the risk of distorted forms of development that give rise to new dependencies, exclusions, manipulations and inequalities,” he writes. “In fact, as with every major technological shift, AI tends to amplify the power of those who already possess economic resources, expertise and access to data,” the encyclical continues, highlighting concerns that elites can use their power to “shape information and consumption patterns, influence democratic processes and steer economic dynamics to their own advantage.” The encyclical comes a few days after President Donald Trump delayed signing his executive order on AI, which would have given the government oversight over new models before they are released, reportedly on the urging of VC investor and former White House AI czar David Sacks. Pope Leo called for AI to be guided by “clear criteria and effective oversight” grounded in participation from communities that will be affected by it. More concretely, Leo called for an end to the AI arms race “for ever more powerful algorithms and larger datasets” that companies and countries believe will “secure geopolitical or commercial dominance.” “To disarm means discrediting the assumption that technical power automatically confers the right to govern,” he...

Will Micron significantly expand DDR4 production? 富途牛牛

Mercury theatre, Colchester This musical from the company behind The Play That Goes Wrong unearths the invention of acting in ancient Greece – and finds little has changed The Mischief theatre company has been making fun of actors’ foibles for years, especially in the deliriously amusing Goes Wrong series. Its first musical asks if all those rampaging egos, heated rivalries, creative differences and hammy activities can be dated back to the world’s very first acting troupe. Did the proto-thespians in ancient Greece contend with one-star reviews and attract superfans? Maybe they even played Zip, Zap, Boing and over-dwelled on their motivations? Little is known about the real Thespis, father of tragedy in the sixth century BC. Co-writers and lyricists Jonathan Sayer and Ed Zanders introduce him on the drought-plighted island of Ikaria and chart his odyssey to Athens, where he competes in a Eurovision-style prayer competition at the whim of a merciless tyrant and ends up founding the art of acting with his pals. Opa! Touring until 18 July Continue reading...

RXO (RXO +0.04%) saw MFN Partners Management, LP disclose a buy of 532,276 shares, with an estimated transaction value of $7.81 million based on quarterly average pricing, in its May 14, 2026, SEC filing. What happened According to a May 14, 2026, SEC filing, MFN Partners Management, LP bought 532,276 additional shares of RXO. The estimated value of this trade was $7.81 million, calculated using the mean unadjusted closing price of RXO for the first quarter of 2026. The fund’s quarter-end position in RXO increased in value by $62.39 million, reflecting the impact of both new purchases and share price changes. What else to know Following the buy, RXO accounts for 8.61% of MFN Partners Management, LP’s reportable 13F assets. Top holdings after the filing: NYSE: XPO: $2,222,805,539 (46.6% of AUM) NASDAQ: TLN: $957,690,000 (20.1% of AUM) NYSE: QXO: $455,483,477 (9.5% of AUM) NYSE: RXO: $410,967,352 (8.6% of AUM) NYSE: PFSI: $396,078,621 (8.3% of AUM) As of May 13, 2026, RXO shares were priced at $19.81, up 19.19% over the past year, underperforming the S&P 500 by 7.27 percentage points. Company Overview Metric Value Revenue (TTM) $5.73 billion Net Income (TTM) ($105.00 million) Price (as of market close May 13, 2026) $19.81 One-Year Price Change 19.19% Company Snapshot Provides truckload freight brokerage, managed transportation, last-mile, and freight forwarding services through a proprietary digital freight marketplace. Operates an asset-light business model, generating revenue by connecting shippers with available trucking capacity and earning fees for brokering transportation services. Serves a broad range of commercial customers across the United States, focusing on shippers seeking efficient, technology-driven freight solutions. RXO is a leading provider of truckload freight brokerage services in the United States, leveraging a proprietary digital platform to match shippers with transportation capacity. The company operates at scale, with over $5.7 billion in annu...

CoreWeave, Inc. CRWV aggressive AI expansion is increasing near-term margin pressure as the company rapidly scales infrastructure, deploys new capacity and incurs higher operating and financing costs. During the first quarter of 2026, the company generated approximately $2.1 billion in revenues, up 112% year over year, while revenue backlog expanded to nearly $100 billion following more than $40 billion of new customer commitments. Management stated that demand continues to intensify across training, inference and enterprise AI workloads, leading to rapid deployment of additional infrastructure and contracted power capacity. On the last earnings call, management highlighted that operating expenses increased significantly as it scaled active power capacity and converted backlog into revenue. Operating expenses reached $2.2 billion in the first quarter, reflecting higher cost of revenue, infrastructure spending, sales and marketing investments, and personnel expenses. Adjusted operating margin declined to 1%, which management described as the low point of the year, as cloud capacity ramps continue. Interest expense also rose sharply to $536 million due to increased debt used to finance infrastructure expansion and contracted customer commitments. CoreWeave stated that margin pressure is largely timing-related rather than structural. The company incurs lease, power and depreciation expenses during the data center fit-out phase before revenue generation begins. Management noted that deployments typically take one to two months before revenue starts flowing, causing temporary negative contribution margins during deployment periods. Once capacity becomes operational, contribution margins generally normalize at around mid-20%. The company also highlighted rising component pricing and supply chain constraints tied to AI infrastructure expansion. The company raised its full-year capital expenditure outlook to $31 billion-$35 billion, citing higher component costs and massive...

Cambodia’s acting head of state, former prime minister Hun Sen, pardoned opposition leader Kem Sokha on Monday from a sentence of almost three decades for treason. Kem Sokha, who was convicted of trying to topple the former long-ruling leader’s government and sentenced to 27 years, “is pardoned”, Hun Sen posted on social media alongside a royal decree signed by him. Hun Sen, who ruled Cambodia for nearly four decades, stepped down as prime minister in 2023 and handed power to his eldest son, Hun Manet. Advertisement But Hun Sen is still president of the Senate, remains an influential figure in national politics, and is acting head of state while King Norodom Sihamoni receives medical treatment abroad. Kem Sokha, 72, was arrested on treason charges in 2017 and sentenced six years later, but was ordered to serve his time under house arrest in the capital, Phnom Penh. Advertisement The co-founder of the dissolved opposition Cambodia National Rescue Party (CNRP), Kem Sokha, has repeatedly denied the charge.

伊朗媒体25日援引伊朗卫生部公共关系主管克尔曼普尔的话报道，伊朗最高领袖穆杰塔巴此前曾在医院接受治疗并于3月1日出院。克尔曼普尔说，穆杰塔巴遇袭后被送往医院，医护人员曾建议他停止斋戒，但他并未接受，“这说明其身体状况良好”。穆杰塔巴坚持完成了当天的斋戒，于当地时间3月1日凌晨2时出院并被转送至指定地点。 (新华社)

格隆汇5月25日｜据伊朗伊斯兰共和国通讯社（IRNA）：伊朗多哈之行将检验“美国对承诺的履行”。

The host of Retire SMART Podcast opened Episode 416 with a number that should stop every income-focused retiree in their tracks. The S&P 500’s dividend yield has fallen to roughly 1.1%, an all-time low going back to the 1800s. His framing was blunt: “The dividend usually fluctuates between 2 and change, and sometimes up to ... S&P 500 Dividends Just Hit an All-Time Low Going Back to the 1800s — Here’s What Retirees Need to Know

is features writer with five years of experience covering the companies that shape technology and the people who use their tools. Posts from this author will be added to your daily email digest and your homepage feed. Pope Leo XIV warned of the risks of AI and unconstrained technological power in his first major papal document released on Monday. Magnifica Humanitas is the pope’s manifesto on “safeguarding the human person in the time of artificial intelligence,” in which he discusses the dangers of AI-powered warfare, the effects of AI on labor, and the need for new legal and ethical frameworks to govern technology. In his papal encyclical — a kind of open letter from the Catholic Church — Pope Leo stressed the economic and social upheaval that rapid AI adoption is creating, with inadequate protections for individuals that threaten human dignity. He compared the current era of AI to the Tower of Babel, saying society must “avoid the ‘Babel syndrome,’” which he defines as “the idolatry of profit that sacrifices the weak, a uniformity that neutralizes differences, and the pretense that a single language — even a digital one — can translate everything, including the mystery of the person, into data and performance.” Pope Leo’s letter touches on major areas of modern life that AI has become deeply embedded in: job loss and labor generally, AI-powered warfare, and children being exposed to AI tools and content, among other topics. Above all, the encyclical calls for the dignity of humans to be a central part of decision-making and governance. The letter is an appeal for “moral and social discernment that safeguards the primacy of the human person, in order to ensure that it will always be human intelligence, with its conscience and freedom, that guides technical innovations and responsibly determines their use and limits,” Leo writes. The letter, which runs more than 42,000 words, frames the call for “prudence, rigorous evaluation and even, at times, a slower pace in ad...

Key Points The full retirement age for someone born in 1960 or later is 67. The average benefit for 70-year-old men is more than $500 higher than that of women. Delaying benefits until 70 can increase your monthly amount by up to 24%. The $23,760 Social Security bonus most retirees completely overlook › As of April 2026, over 54.3 million Americans were receiving Social Security retirement benefits, with many relying heavily or entirely on it for their retirement income. The average benefit varies widely because much of it relies on career earnings, but having a gist of the average benefit can help put into perspective the role Social Security plays or could potentially play in your retirement finances. As of the end of last year, the average monthly benefit for a 70-year-old was $2,274.68. Due to discrepancies in wages and lifetime earnings, the average for men is higher than the average for women. Men averaged a benefit of $2,529.62, while women averaged $2,024.08. 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 » It's important to note that these averages are for any 70-year-old receiving Social Security, not just someone who began claiming benefits at age 70. It could be someone who claimed at 62 and has been receiving benefits for eight years, or someone who decided to delay benefits until age 70. The average benefit for a 70-year-old who delayed benefits until then would be noticeably higher because of the delayed retirement credits you receive by delaying benefits. Each month you delay benefits past your full retirement age -- 67 for someone born in 1960 or later -- increases your benefit by 2/3 of 1% (8% annually; 24% total if delayed until 70). The $23,760 Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years (or more) behind on your retir...

Palantir (NASDAQ: PLTR) just reported massive growth, exceptional margins, and accelerating U.S. commercial revenue, yet the stock still dropped. The market may be focused on valuation, but the FAA modernization opportunity could become a major long-term AI catalyst if Palantir turns infrastructure into its next growth engine. Stock prices used were the market prices of May 19, 2026. The video was published on May 24, 2026. 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 » Should you buy stock in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Palantir Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $477,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,320,088!* Now, it’s worth noting Stock Advisor’s total average return is 986% — a market-crushing outperformance compared to 208% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of May 25, 2026. Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money th...

Darling Ingredients Inc. DAR appears to be entering a new strategic phase centered on operational discipline and cash-flow optimization rather than aggressive expansion. On its first-quarter 2026earnings call management suggests the company is shifting from navigating commodity and policy volatility toward monetizing a more stable renewable fuels environment and improving balance-sheet flexibility. A key element of this transition is the improving contribution from Diamond Green Diesel (“DGD”), which generated $151.2 million in adjusted EBITDA for Darling Ingredients in the first quarter, compared with just $6 million a year earlier. The company described the fuel segment as being “at an inflection point” following the finalization of Renewable Volume Obligations, which have strengthened renewable diesel economics and boosted feedstock pricing. At the same time, Darling Ingredients is becoming more selective with capital deployment. Management emphasized disciplined capital allocation, deleveraging and portfolio optimization, including the pending sale of the majority of its grease trap environmental service assets. The company also monetized $45 million in Production Tax Credits during the quarter to improve liquidity and support debt reduction efforts. This marks a notable shift from a period dominated by external headwinds and uneven biofuel margins. Instead of emphasizing capacity growth, Darling Ingredients is now focused on extracting stronger returns from its existing platform, improving operational efficiency and using a more supportive regulatory backdrop to strengthen free cash generation. That strategic repositioning could define the company’s next operating chapter. What Do the Latest Metrics Say About Darling Ingredients? Darling Ingredients, which competes with Tyson Foods Inc. TSN and Ingredion Inc. INGR, has seen its shares rally 85.8% in the past year against the industry’s 24.6% decline. Shares of Tyson Foods have risen 17.1%, while Ingredion has d...

國家主席習近平與塞爾維亞總統武契奇會面時稱，相信兩國關係會邁向新高度。《環球時報》社評指，塞爾維亞和巴基斯坦領袖訪華，說明「鐵桿友誼」彰顯新型國際關係底色。 國家主席習近平在北京人民大會堂，為訪華的塞爾維亞總統武契奇舉行歡迎儀式，兩人一同檢閱儀仗隊，之後舉行會談。今次是武契奇首次國事訪問中國，習近平形容武契奇此行將成為中塞關係新的里程碑，並推動中塞全面戰略夥伴關係邁向新高度。 國家主席習近平表示：「世界越是動盪不安，中塞兩國越要加強交往，鞏固互信、深化合作、相互支持，攜手走出一條命運與共、共同繁榮的光明大道。」 習近平指出，中塞命運共同體建設取得積極成果，既造福人民，也樹立國際關係的典範。 習近平強調，中塞「鐵桿友誼」具有深厚的歷史邏輯和現實基礎，雙方要繼續加強發展戰略對接，落實好共建「一帶一路」中期計劃，持續推進交通與能源基礎設施等領域合作，加大布局人工智能(AI)等新興領域合作，同時繼續加強人文交流，繼承和發揚好中塞人民傳統友誼。 武契奇表示，塞爾維亞與中國建立全面戰略夥伴關係以來，兩國關係取得顯著進展，各領域合作不斷深化。塞方高度重視發展對華關係，毫不動搖堅定支持中國核心利益，期待同中方一道，深化高質量「一帶一路」合作。 會後，兩國元首共同見證簽署政治、經貿、科技等領域20多項合作文件，並就持續推進構建新時代中塞命運共同體，及共同推動落實四大全球倡議發表聯合聲明。 武契奇上午與國務院總理李強會談，討論投資基建項目等議題。 他周日飛抵北京後，先登上八達嶺長城參觀。 塞爾維亞總統武契奇說：「我們很珍視我們鐵桿友誼，我們喜歡中國人，我們希望看到更多中國遊客、更多中國投資者、更多中國人來到塞爾維亞。」 《環球時報》的社評稱，塞爾維亞和巴基斯坦兩國領導人訪華，說明「鐵桿友誼」彰顯新型國際關係的底色與寶貴價值，證明不同文明、制度及體量的國家，完全可以和平共處、互利共贏，為世界提供了一個大小國家平等相待、合作共贏的新範式。

Five Below, Inc. FIVE and Vince Holding Corp. VNCE are operating in the retail space with strong momentum and improving operational execution. Five Below is rapidly scaling as a value-focused trend retailer targeting younger consumers, whereas Vince Holding is executing a premium-brand transformation centered around direct-to-consumer growth, brand elevation and international expansion. The key question for investors is which company offers the stronger growth opportunity in the current retail environment. The Case for FIVE Five Below continues to strengthen its position in value retail through disciplined execution, trend-focused merchandising and deeper customer engagement. The company has sharpened its focus on Gen Alpha, Gen Z and millennial families by offering relevant products, constant newness and an engaging store experience. Management also emphasized a shift toward social media, creator content and more targeted communication, helping the brand connect with customers where they spend time and drive repeat visits. A major strength behind Five Below’s momentum is its ability to execute quickly and consistently across merchandising, marketing and store operations. The company is also benefiting from its omnichannel and digital engagement strategy. Five Below has shifted marketing efforts toward social media platforms where its target customers spend most of their time. At the same time, the company is expanding convenience through initiatives such as third-party delivery and buy online, pick up in store. Management believes these capabilities can attract new customers, improve repeat visits and strengthen customer relationships over time. The company’s merchandising and pricing strategy continues to support customer engagement and value perception. Around 80% of products remain priced at $5 or below, preserving its core value positioning, while selective expansion into higher price points such as $7, $10 and $15 has supported growth in average unit retail. C...

面对每天上千份上市公司公告该看哪些？重大事项公告动辄几十页几百页重点是啥？公告里一堆专业术语不知道算利好还是利空？请看财联社公司新闻部 《速读公告》 栏目，我们派驻全国的记者们将于公告当晚为您带来准确、快速、专业的解读。 财联社5月25日讯（记者 陈抗） 和仁科技 （300550.SZ）今晚发布公告，公司控股股东杭州磐源投资有限公司（简称“杭州磐源”）及其一致行动人杭州磐鸿投资管理合伙企业，实际控制人杨一兵、杨波，以及公司大股东 通策医疗 （600763.SH），正在筹划涉及公司控制权变更的重大事项，该事项可能导致公司控制权发生变更。公司股票明日起停牌。 公告显示，目前各方主体还在就具体方案、协议等相关事项进行论证和磋商。 公开资料显示，截至今年一季度末，通策医疗持有和仁科技4992.03万股股份，约占公司总股本的19.01%，持股比例接近杭州磐源及其一致行动人的合计持股水平，后两者合计持有和仁科技20.73%的股份。 事实上，通策医疗对和仁科技的投资已持续多年。2022年5月，通策医疗曾计划以约7.69亿元受让和仁科技29.75%的股份，交易完成后取得上市公司控制权。不过，该笔交易在推进近一年后于2023年2月终止。 终止首次收购仅十余天后，通策医疗又迅速启动第二次交易方案，拟以约5亿元受让和仁科技约19%股份，交易定位也由“取得控制权”调整为“战略投资”。最终，通策医疗成为和仁科技重要股东，但至今上市公司控制权并未发生变化，控股股东仍为杭州磐源，实际控制人为杨一兵、杨波。 从业务层面看，通策医疗与和仁科技此前已有较多合作。根据和仁科技今年4月的公告，公司预计2026年与通策医疗及其下属机构发生不超过3000万元关联交易，主要涉及医疗信息系统及相关服务。 和仁科技主营医疗信息化业务，产品覆盖医院信息系统（HIS）、电子病历、智慧医院平台等领域。通策医疗则是A股口腔医疗服务龙头企业之一。此前，通策医疗曾明确表示，看重和仁科技在大型医院信息化建设、医疗数据平台及医院数字化运营方面的能力，希望借此提升旗下医院数字化及运营管理水平。 值得注意的是，通策医疗此前围绕收购和仁科技股权事项还曾收到监管关注。2023年，在通策医疗重新启动入股方案后，上交所曾就相关事项下发监管工作函，要求说明收购策略由收购转为参股的合理性、是否存在应披露未披露信息等。 财报显示，和仁科技2025年...

格隆汇5月25日｜纯苯、苯乙烯（EB）、燃料油跌超2%，沥青、低硫燃料油（LU）跌近2%，烧碱、聚丙烯、双胶纸、甲醇、丙烯、对二甲苯、玻璃、液化气跌超1%。涨幅方面，焦煤涨超9%，焦炭涨超5%。