RomanBabakin Huawei Technologies said that its high-end chips will have transistor density equivalent to 1.4-nanometer processes by 2031, marking China's efforts ‌to overcome U.S. sanctions that have made it difficult for Chinese firms to develop advanced chips. At the 2026 IEEE International Symposium on Circuits and Systems, or ISCAS, He Tingbo from Huawei delivered a keynote speech titled New Semiconductor Path in Practice . In her speech, she presented the Tau (τ) Scaling Law, a new principle for guiding the future development of the semiconductor industry. The Chinese tech giant said that the law proposes replacing geometric scaling with time (τ) scaling as a new guiding principle for the evolution of both semiconductors and electronic systems. Huawei noted that, based on this law, it has developed core technologies like LogicFolding. The Kirin chips scheduled to launch later this year will be the first ever to adopt the LogicFolding architecture, which will considerably enhance the chips' performance, according to the company. "By 2031, the high-end chips HUAWEI designs based on the τ Scaling Law are expected to feature a transistor density that is equivalent to 14 Å (1.4 nm) processes," said the company in a press release on Monday. For a broader comparison, the world's largest chipmaker Taiwan Semiconductor Manufacturing ( TSM ) currently uses a 2 nm (N2) manufacturing technology and plans to use the 1.4 nm process for mass production ⁠in 2028. Huawei said that, based on the new 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. "No single company can independently find all the answers along the path of semiconductor evolution. With the τ Scaling Law, we look forward to working closely with scientists, engineers, and industry partners around the world to drive the sustaina...

大量居民资金拥挤在日益萎缩的低风险债权资产赛道上，追逐越来越少的安全资产；而急需资金的新兴产业股权市场，却因缺乏足够的风险偏好资金而面临融资缺口 资产荒，简单说就是市场上钱特别多、能放心投的好资产却特别少。居民、企业、各类金融机构手里的钱越积越多，但安全、稳定、风险低的投资标的越来越稀缺，结果大家抢着买债券或低风险资管产品，把价格抬上去、收益率压下来，形成典型的“钱多好资产少”的失衡局面。 从背景上看，资产荒不是短期波动，而是中国产业转型、居民财富水平、金融结构三重叠加的结构性现象，本质是产业升级走太快、居民还没真正富起来、风险偏好跟不上，也就是典型的“未富先转”。 传统产业退潮 从宏观经济变迁、产业结构调整来看，过去支撑经济高速增长、同时提供大量低风险资产的传统行业，正在减速、收缩。 推荐进入 财新数据库 ，可随时查阅宏观经济、股票债券、公司人物，财经数据尽在掌握。

鲁信创投公告，公司及全资子公司山东高新投拟按照国有资产管理有关规定在山东产权交易中心公开挂牌转让持有的山东彼岸电力科技有限公司全部14.46%股权（即1012万元注册资本），挂牌底价5600.79万元。截至2025年12月31日，彼岸电力净资产3012.6万元，2025年营业收入1.92亿元，净利润3521.87万元。本次交易未构成重大资产重组，不存在重大法律障碍。

东睦股份公告，因公司2025年度利润分配方案实施完成（每股派发现金红利0.30元），公司发行股份及支付现金购买资产并募集配套资金暨关联交易所涉发行股份购买资产的股份发行价格由14.69元/股调整为14.39元/股。本次交易为公司拟通过发行股份及支付现金方式购买上海富驰高科技股份有限公司34.75%股权，并募集配套资金。

As you grow closer to claiming Social Security, you may wonder when you should do it. Is one month better than the other? Here's the truth: It doesn't matter which month of the year you claim Social Security -- as long as you've thought through the tax ramifications of your decision. While you can make the claim any month you'd like, consider how different times of year can produce different results at tax time. Claiming early in the year can: Increase your taxable income for the year. This may be an especially important point if you're also still working. Knock you out of the running for certain tax credits by increasing your income too early in the year. Claiming late in the year may: Potentially keep you in a lower tax bracket (if claiming earlier would have put you in a new bracket). Push the tax burden to the next year, which could benefit you if you expect a lower income the following year. Allow you to look back at how much you've made that year (including your new SS benefits) to determine whether you want to tap other sources -- like a retirement account -- or wait until the new year. Claiming midyear could: Provide the best of both worlds. You not only know how much taxable income you've earned so far, but you can also determine how much more money you can bring in for the year without triggering higher taxes. Once you decide when to claim, here's what to expect If you've reached full retirement age (FRA) and file for benefits, there are two things worth keeping in mind: First-year payment structure and tax implications. First-year payment structure Let's say you reach full retirement age in 2027. Since the Social Security Administration uses your age in months rather than years when calculating your monthly benefit, you will only receive payments for the months you're eligible instead of the entire calendar year. For example, if you make the claim in March, you'll only receive benefits from March onward. And since Social Security benefits are paid in the ...

上海三毛公告，公司通过上海联合产权交易所公开挂牌转让所持参股公司上海双龙高科技开发有限公司6%股权，成交价格为154万元，交易对方为上海龙头（集团）股份有限公司。近日交易双方已签订《上海市产权交易合同》，后续将共同办理股权交割及权证变更登记等手续。本次交易完成后，公司将不再持有双龙公司股权。经初步核算，预计本次交易对公司当期损益的影响约为154万元。

浙江世宝公告，公司A股股票连续三个交易日（2026年5月21日、22日、25日）日收盘价格涨幅偏离值累计达到+20%以上。经公司自查及向控股股东核实，公司近期经营情况正常，内外部经营环境未发生重大变化，不存在应披露而未披露的重大事项。但控股股东浙江世宝控股集团有限公司于2026年5月22日合计减持公司A股股份912.82万股，占公司总股本的1.11%，减持符合已披露的减持计划。

Fisher Asset Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 1.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 18,146,900 shares of the semiconductor company's stock after purchasing an additional 313,773 shares during the period. Taiwan Semiconductor Manufacturing makes up 1.9% of Fisher Asset Management LLC's investment portfolio, making the stock its 9th largest holding. Fisher Asset Management LLC owned about 0.35% of Taiwan Semiconductor Manufacturing worth $5,514,662,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Oak Harvest Investment Services grew its position in Taiwan Semiconductor Manufacturing by 2.9% during the 4th quarter. Oak Harvest Investment Services now owns 1,106 shares of the semiconductor company's stock worth $336,000 after purchasing an additional 31 shares during the last quarter. Falcon Wealth Planning grew its position in Taiwan Semiconductor Manufacturing by 4.4% during the 4th quarter. Falcon Wealth Planning now owns 780 shares of the semiconductor company's stock worth $237,000 after purchasing an additional 33 shares during the last quarter. Drive Wealth Management LLC grew its position in Taiwan Semiconductor Manufacturing by 0.7% during the 4th quarter. Drive Wealth Management LLC now owns 4,997 shares of the semiconductor company's stock worth $1,522,000 after purchasing an additional 33 shares during the last quarter. Sovereign Financial Group Inc. grew its position in Taiwan Semiconductor Manufacturing by 4.5% during the 4th quarter. Sovereign Financial Group Inc. now owns 793 shares of the semiconductor company's stock worth $241,000 after purchasing an additional 34 shares during the last quarter. Finally, Avion Wealth grew its position in Taiwan Semiconductor Manufacturing by 10.8% during the 4th quart...

Choate Investment Advisors raised its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 12.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,761 shares of the semiconductor company's stock after purchasing an additional 14,886 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 0.8% of Choate Investment Advisors' portfolio, making the stock its 21st biggest position. Choate Investment Advisors' holdings in Taiwan Semiconductor Manufacturing were worth $42,168,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TSM. Life Cycle Investment Partners Ltd purchased a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $495,163,000. SurgoCap Partners LP purchased a new stake in Taiwan Semiconductor Manufacturing during the third quarter valued at approximately $360,443,000. Thrivent Financial for Lutherans raised its position in Taiwan Semiconductor Manufacturing by 3,164.9% during the third quarter. Thrivent Financial for Lutherans now owns 1,192,927 shares of the semiconductor company's stock valued at $333,172,000 after purchasing an additional 1,156,389 shares during the period. Danica Pension Livsforsikringsaktieselskab purchased a new stake in Taiwan Semiconductor Manufacturing during the third quarter valued at approximately $232,924,000. Finally, Man Group plc raised its position in Taiwan Semiconductor Manufacturing by 337.1% during the second quarter. Man Group plc now owns 1,053,421 shares of the semiconductor company's stock valued at $238,589,000 after purchasing an additional 812,404 shares during the period. 16.51% of the stock is currently owned by hedge funds and other institutional investors...

Just_Super Chinese companies are on course to control 39% of all lithium extracted globally by 2030, up from approximately one-third in 2020, according to new analysis published by Wood Mackenzie. The findings, drawn from Wood Mackenzie’s Lens Metals & Mining platform, highlight a growing divergence between the geography of lithium production and the nationality of asset owners. Australia, long the dominant force in lithium supply, accounted for 43% of global extraction in 2020. By 2030, that share is forecast to fall to 25%, driven not by declining investment, but by faster growth elsewhere, particularly across Africa. The continent’s share of global lithium extraction is expected to rise from near zero in 2020 to 13% by 2030. “Lithium production and lithium ownership are increasingly diverging, and it is reshaping the global critical mineral supply chains,” said Allan Pedersen, research director, energy transition & battery materials – lithium at Wood Mackenzie. “While production growth is becoming more geographically diverse, ownership remains concentrated among a relatively small group of companies, mostly led by China.” China’s ownership position, meanwhile, extends well beyond its domestic production base. Chinese firms have built significant stakes in Australian and Argentine assets while deploying capital at scale across Africa, filling a vacuum left by increasingly cautious Western investors. Huayou Cobalt’s proposed acquisition of Atlantic Lithium ( ALLIF ), alongside co-investment in the Ewoyaa project in Ghana, is the latest in a series of transactions that underscore China’s expanding role in global lithium ownership, the brokerage noted. Earlier deals, including Tianqi Lithium’s ( TQLCF ) 51% stake in the Greenbushes mine in Western Australia, which was later reduced through a deal with Australian IGO, and Hainan Mining’s investment in Kodal Mining’s Bougouni project in Mali, have further strengthened China’s position across key producing regions. “Wit...

格隆汇5月25日｜有投资者在互动平台向普冉股份提问：请问贵司的nor、mcu等产品通过shm的渠道销售，是否需要重新做相关的车规认证来满足客户的要求？普冉股份回复称，车规体系验证属于行业通用的验证体系，目前公司NOR Flash产品线中，中小容量SONOS NOR Flash车载产品已陆续完成AEC-Q100认证；全容量ETOX NOR Flash系列产品通过AEC-Q100车规认证。同时，MCU系列产品已通过工业级可靠性验证，并逐步向车规级应用拓展。

Alphabet (GOOGL 1.19%) (GOOG 1.07%) has done nothing but prove the bears wrong. The business, which critics previously thought had lost the artificial intelligence (AI) race, has produced a stellar return. Shares have skyrocketed roughly 130% just in the past 12 months (as of May 22). Alphabet sports a colossal market cap of $4.6 trillion. This makes it the world's second-most-valuable enterprise, with Nvidia wearing the crown. For a company that has lifted the portfolios of its shareholder base in remarkable fashion, there is still a lot of gas left in the tank. The show goes on, making this "Magnificent Seven" stock is a smart buy before June 2026. The business is firing on all cylinders Despite constantly being in the spotlight, Alphabet continues to pleasantly surprise the market. This is exactly what it did on April 29 when it reported first quarter earnings. Revenue surged 22% year over year to $109.9 billion, which beat Wall Street analyst estimates. This was the fastest rate of growth in 16 quarters. Revenue at Google Search rose 19%. "We see AI Overviews and AI Mode continue to drive greater Search usage and growth in overall queries, including in commercial queries," Chief Business Officer Philipp Schindler said on the Q1 earnings call. Ad revenue for popular streaming platform YouTube rose by almost 11%. And Waymo, Alphabet's autonomous driving segment, is now completing more than 500,000 rides per week. Investors can't forget about Google Cloud, which is the clear star. This segment is really hitting its stride. Revenue jumped 63% year over year, faster than the increases of rivals Amazon Web Services and Microsoft Azure. Google Cloud ended the first quarter with $462 billion in customer backlogs, almost doubling from three months before. Demand for AI products and services is as robust as ever. Huge spending does present a potential risk Investors are all too familiar with the vast amount of spending being directed to the AI infrastructure build-out. Al...

Key Points Alphabet’s Google Cloud segment wowed investors with 63% year-over-year revenue growth and a $462 billion customer backlog. The business plans to make $180 billion and $190 billion in capital expenditures in 2026. At a price-to-earnings ratio that’s less than 30, this dominant tech enterprise is a buy before the month is over. 10 stocks we like better than Alphabet › Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has done nothing but prove the bears wrong. The business, which critics previously thought had lost the artificial intelligence (AI) race, has produced a stellar return. Shares have skyrocketed roughly 130% just in the past 12 months (as of May 22). Alphabet sports a colossal market cap of $4.6 trillion. This makes it the world's second-most-valuable enterprise, with Nvidia wearing the crown. 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 » For a company that has lifted the portfolios of its shareholder base in remarkable fashion, there is still a lot of gas left in the tank. The show goes on, making this "Magnificent Seven" stock is a smart buy before June 2026. The business is firing on all cylinders Despite constantly being in the spotlight, Alphabet continues to pleasantly surprise the market. This is exactly what it did on April 29 when it reported first quarter earnings. Revenue surged 22% year over year to $109.9 billion, which beat Wall Street analyst estimates. This was the fastest rate of growth in 16 quarters. Revenue at Google Search rose 19%. "We see AI Overviews and AI Mode continue to drive greater Search usage and growth in overall queries, including in commercial queries," Chief Business Officer Philipp Schindler said on the Q1 earnings call. Ad revenue for popular streaming platform YouTube rose by almost 11%. And Waymo, Alphabet's autonomous driving segment, is now c...

财联社5月25日讯，市场探底回升，创业板指涨超2%，科创50指数盘中大涨超6%。黄白线分化明显，权重股表现较强。沪深两市成交额3.21万亿，较上一个交易日放量3024亿。盘面上，市场热点快速轮动，全市场超百股涨停。从板块来看，芯片产业链集体爆发，华兴源创、东芯股份、华虹公司20cm涨停，中芯国际、华大九天、兆易创新触及涨停，寒武纪、盛美上海大涨创历史新高。PCB概念延续强势，鹏鼎控股2连板，续创历史新高，莲花控股5天3板。电力板块集体走强，京能电力9天6板，华电能源、电投绿能、华能蒙电涨停。下跌方面，油气股震荡调整，通源石油、科力股份、潜能恒信纷纷下挫。截至收盘，沪指涨0.96%，深成指涨1.66%，创业板指涨2.1%。 板块方面 半导体芯片产业链再度全线爆发，东芯股份、甬矽电子、华虹公司、长电科技、通富微电、雅克科技涨停，中芯国际、拓荆科技、盛合晶微、晶丰明源等涨超10% 消息面上，华为正式发表“韬（τ）定律”，构建了贯穿器件、电路、芯片到系统层面的多层级协同优化体系。预计到2031年，基于该定律的高端芯片晶体管密度将达到1.4纳米制程的同等水平。 机构研报认为，在摩尔定律放缓的背景下，先进封装成为业界关注的焦点。全球先进封装市场在2024年为407.6亿美元，预计2029年增加到674.4亿美元，2024年至2029年复合增长率为10.6%。 半导体芯片在经历上周四的放量分歧后，今日在上述利好催化下多数个股实现反包修复，反映出在资金充分换手下，板块中期上行趋势依旧稳固。 不过需要注意的是，今日板块整体放量普涨，短线情绪逐步走高趋于亢奋，后续博弈分歧或将加大，应对仍需把控短线节奏。 电力板块集体走强，京能电力9天6板，华电能源、电投绿能、华能蒙电涨停。消息面上，据多个国家的气象机构研判，2026年可能发生较强的厄尔尼诺现象。受此影响，今年夏季全国最高用电负荷预计将大幅增长。 国盛证券认为，多用户绿电直连政策落地，源网荷储进一步加速推进，园区绿电转型走向规模化，绿电直连运营商价值量提升。后续或可关注算电协同相关标的，电算协同有望打开绿电企业新增长空间。站在市场维度，相较于 AI 硬件、半导体这类权重资金趋势抱团赛道，电力板块整体市值体量偏低，属性更偏向短线题材博弈。当前市场短线情绪维持活跃，可侧重挖掘个股阶段性交易机会。 个股方面 个股层面来看，今日短线情绪持续活跃...

千金药业公告，公司下属子公司湖南千金湘江药业股份有限公司近日收到国家药品监督管理局核准签发的乳果糖口服溶液《药品注册证书》。该药品规格为200ml：133.4g，注册分类为化学药品4类，用于慢性或习惯性便秘及肝性脑病。2025年该药品国内医疗市场和零售市场销售总额为23.06亿元。截至公告日，千金湘江药业在乳果糖口服溶液的累计研发投入为人民币295.05万元。

A little-known Swiss trading company played a key role in the transit through the Strait of Hormuz of an oil supertanker whose stop-start journey captivated the oil market earlier this month, according to people familiar with the matter. The role of Lytton SA, a Geneva-based trading house with links to Iraq, has not previously been reported. It highlights how the near-closure of the Strait of Hormuz is creating vast money-making opportunities for traders and shipping companies willing to brave the risks of the voyage. The journey of the Agios Fanourios I taking Iraqi crude to Vietnam became the talk of the global oil industry earlier this month, as traders scour satellite data for signs that shipping through Hormuz might be picking up and offering some respite to the biggest supply disruption in oil market history. The supertanker, which was holding just under 2 million barrels of crude, was halted first by Iranian and then US authorities. It only passed the American naval blockade just over a week ago after an intervention from Vietnam’s state oil company. While the oil was destined for PetroVietnam Oil Corp., it was Lytton that assumed responsibility for getting it through Hormuz and its onward journey, the people said. Lytton and PetroVietnam declined to comment. Eastern Mediterranean Maritime, the manager of the Agios Fanourios I, said in a statement it was unaware of the involvement of any firms except Vietnam’s and Iraq’s state oil companies. Deep Discount The reward for getting the cargo out was substantial: Lytton bought the oil at Iraq’s Basrah port at a discount of $18 a barrel to benchmark prices, one of the people said. Based on the premiums being paid for oil outside the Persian Gulf, that implies a gross profit for the trader of approximately $60 million. The outsized profits on offer are drawing wide-ranging interest — from established players in the oil market to relative newcomers, according to trading and shipping executives. Iraq’s state oil compa...

陕西黑猫公告，公司拟吸收合并全资子公司韩城市黑猫气化有限公司（简称“黑猫气化”）。吸收合并完成后，黑猫气化独立法人资格将被注销，其全部资产、人员等由公司承继。本事项已获公司第六届董事会第十七次会议审议通过，无需提交股东会审议，不构成关联交易及重大资产重组。截至2026年3月31日，黑猫气化总资产6224.71万元，净资产6224.71万元，营业收入0万元，净利润986.77万元。本次吸收合并旨在优化管理架构、降低管理成本。

MicroStockHub/iStock via Getty Images By Joe Amato and Ashok Bhatia With all the focus on geopolitics, interest rates remain an important foundation for markets, and last week’s move higher in long-end yields provided a stark reminder of that. Over recent months, our client conversations have centered on geopolitical tensions in the Middle East, the AI investment boom, and the opportunities and risks within private credit. Rates markets, by comparison, have featured less prominently—partly overshadowed by a powerful semiconductor-led equity rally since April and partly because U.S. rates had remained relatively calm over the past few months despite significant macro uncertainties. That changed last week. Government bond yields came back into sharp focus as fears over the inflationary impact of the Middle East conflict drove yields higher across the curve in most developed markets. The U.S. was hit particularly hard: 30-year nominal and real yields reached multi-decade highs, while the 10-year and two-year climbed to levels not seen since early 2025. Japan government bonds have also been severely impacted, with yields on the 30-year and benchmark 10-year rising to late-1990s levels. Moves of this magnitude carry weight. Rising long-end yields pose a direct challenge to equity valuations—a dynamic investors experienced acutely in 2022, when aggressive Federal Reserve tightening sent long-term yields sharply higher and triggered a significant equity drawdown, particularly among long-duration growth stocks with no or low dividend yield. This is not 2022, as we have argued here before . But with equities still trading near record highs and U.S. rates rising, the question of correction risk is important to consider. Confident But Cautious On Equity Strength So what’s going on? First, equities have had a phenomenal, albeit narrow, run since early April, with the S&P 500 index punching through a series of record highs, driven in the main by an extraordinary rally in the sem...

格隆汇5月25日｜麦格米特(002851.SZ)今日涨停，换手率6.59%，成交额39.27亿元。龙虎榜数据显示，六家机构买入8.88亿元，卖出2.62亿元，净买入6.27亿元；游资“湖里大道”位列卖四席位，净卖出4932万元。上榜席位全天买9.16亿元，卖出3.52亿元，合计净买入5.64亿元。(格隆汇)

以色列总理内塔尼亚胡24日在社交平台发文称，他和美国总统特朗普一致认为，与伊朗达成的任何最终协议都必须消除伊朗的“核威胁”。内塔尼亚胡说，他23日晚与特朗普通话，双方“一致认为”必须消除伊朗“核威胁”。这意味着必须拆除伊朗的铀浓缩设施，并从其领土移除浓缩铀材料。内塔尼亚胡称其与特朗普的政策一致，即确保“伊朗不会拥有核武器”。（央视新闻）

格隆汇5月25日｜根据调研日期截止日统计，近一个月（4月26日至5月25日），共有33家北交所公司获机构调研，其中，安达科技最受关注，参与调研的机构有69家。据数据宝统计显示，近一个月共有33家北交所公司获机构调研，调研机构类型显示，券商共对31家公司进行调研；基金调研22家；阳光私募调研18家；保险调研11家；海外机构调研5家。机构调研榜单中，安达科技参与调研的机构合计达69家，最受关注；其次是泰凯英、爱舍伦、易实精密，参与调研的机构分别有34家、26家、26家。

格隆汇5月25日｜有投资者在互动平台向联芸科技提问：公司与长鑫科技有直接或间接业务合作吗？联芸科技回复称，公司与长鑫科技未有业务合作。

Inflation recently hit a three-year high. That means Social Security benefits are losing purchasing power at the fastest rate in three years. Naturally, many beneficiaries are concerned. A 2026 survey from the Employee Benefit Research Institute shows just 73% of retired workers believe they have enough money to live comfortably in retirement. That represents a five-percentage-point drop from 2025, and it marks the lowest confidence in over a decade. The Social Security Administration will not announce the next cost-of-living adjustment (COLA) until October 2026, and the raise won't take effect until January 2027. But Social Security beneficiaries are already eager to know how much extra income they will receive next year. Here's the good news and the bad news. The good news: Social Security benefits are on pace for a much larger COLA next year Social Security beneficiaries receive annual cost-of-living adjustments (COLAs) to help them keep up with rising prices across the economy. COLAs preserve the buying power of benefits by ensuring payouts increase at the same pace as inflation. In this scenario, inflation is measured with the CPI-W, a subset of the broader Consumer Price Index (CPI). Here's how the math works: The CPI-W from the third quarter (July through September) of the current year is divided by the CPI-W from the third quarter of the previous year, and the percent increase becomes the COLA in the following year. For instance, the CPI-W increased 2.8% in the third quarter of 2025, so Social Security benefits received a 2.8% COLA in 2026. Benefits are on pace to receive a much larger COLA next year. The Senior Citizens League (TSCL), a nonpartisan advocacy group, recently raised its 2027 COLA forecast to 3.9%, up from 2.8%. The dramatic upward revision reflects a recent acceleration in inflation tied to the Iran war, as well as a high probability that inflation will remain elevated through the third quarter. To elaborate, the Iran conflict has effectively ...

Key Takeaways Bank of America maintains its Buy recommendation on Amazon shares with a $310 valuation following the Alexa for Shopping platform introduction The new platform integrates Rufus AI assistant with Alexa+ capabilities, delivering product knowledge alongside customized shopping experiences BofA’s Justin Post projects the platform could deliver $215 billion in additional GMV through 2035, contributing $20 billion to retail earnings Rufus AI assistant produced close to $12 billion in annualized incremental GMV during Q4 2025 Wall Street consensus remains overwhelmingly positive: 45 out of 46 analysts recommend buying AMZN, with a mean target of $319 Amazon (AMZN) has climbed approximately 16.31% in 2025 through May 22, significantly exceeding the SPY’s 8.92% advance during the identical timeframe. Amazon.com, Inc., AMZN Justin Post, an analyst at Bank of America, reaffirmed his Buy recommendation on Amazon shares while setting a $310 price objective. His valuation methodology employs a sum-of-the-parts approach: AWS valued at 9x projected 2027 revenue, direct retail operations at 1.0x, marketplace business at 2.5x, and advertising division at 5.0x. The analyst’s updated assessment followed Amazon’s May 13 introduction of its Alexa for Shopping platform. The platform represents a fusion of Rufus and Alexa+ technologies. Rufus, which debuted in February 2024, functions as an artificial intelligence shopping companion powered by Amazon’s extensive product database, user reviews, and internet information. Amazon reported that more than 300 million users engaged with Rufus throughout 2025. Shoppers utilizing Rufus demonstrate a 60% higher purchase completion rate, based on data Amazon disclosed in November 2025. Alexa for Shopping enhances this foundation by incorporating Alexa+’s personalization capabilities. The technology operates seamlessly across Amazon’s mobile application, desktop site, and Echo Show hardware, supporting voice commands, touch interaction, ...

Ericsson AB is moving its global headquarters to central Stockholm after more than two decades in Kista, a struggling suburb in the Swedish capital once touted as Sweden’s Silicon Valley. The Swedish maker of telecommunications gear signed leases with Atrium Ljungberg AB and Castellum AB for a total of five properties to be developed in the new Hagastaden area of Stockholm, according to statements from the companies on Monday. In addition to the headquarters, they will house R&D, business areas, group functions and the tech showcase space Imagine Studio. The northern suburb of Kista has leaned heavily on Ericsson’s presence in its quest to market the neighborhood as a major tech hub in the capital. The news is a major blow to the area, which has seen its public image deteriorate amid the perceived rise in organized crime in the 2020s. Ericsson will rent 58,000 square meters (624,000 square feet) from Atrium Ljungberg and about 13,000 square meters from Castellum , on top of a prior agreement for 24,000 square meters with the latter. The Hagastaden neighborhood is being built on top of a major highway in the north central parts of the capital. Atrium Ljungberg said its contract, for three properties, is the largest office lease in Swedish history as well as the biggest known office deal in Europe this year. The annual rent is 360 million kronor ($39 million) per year at 2026 levels. Annual rent payable to Castellum will be about 220 million kronor. Reports about Ericsson’s departure from Kista have been swirling since at least 2024, and late that year facility management firm Coor Service Management Holding AB announced it would leave the area, saying it “has become more unsafe.” In the first quarter of 2026 vacancy rates in Kista were 26.7%, more than double those of central Stockholm, according to data from Colliers International Group Inc. Atrium Ljungberg shares jumped as much as 5.1%, the most since April 8, while Castellum gained 2.1%. Pareto Securities AS anal...

Source: Bloomberg, 5:02