继2025年10月首次递表港交所后，5月22日，上汽集团移动出行战略品牌享道出行更新招股书，上市筹备工作稳步推进。 享道出行于2018年11月正式上线，定位为“多场景智慧出行综合体”，其业务涵盖网约车服务、商务出行服务、Robotaxi等领域。招股书显示，公司控股股东为上汽集团，战略股东汇集Momenta、高德地图、宁德时代，已构筑起“整车+自动驾驶+地图+能源”一体化产业闭环生态，打造汽车产业“制造赋能服务”的典型样本。 业务格局：个人出行稳固基本盘，企业出行领跑长三角 依托优质股东资源与全产业链整合优势，享道出行已搭建起覆盖个人出行、企业出行及Robotaxi服务的多元化商业格局，业务布局全面且协同性突出。 其中，个人网约车服务作为核心营收支柱，积累了庞大的用户基础和丰富的运营数据。截至2025年底，享道出行网约车服务业务覆盖全国100座城市。用户规模实现稳步跃升，平台月均活跃用户从2023年的5010万攀升至2025年的1.423亿，注册司机130多万名；业务运营指标同步向好，经测算，其2025年下半年网约车收入较上半年实现大增32.6%，合并收入同比增长24.9%，增长势能保持强劲。随着业务版图持续扩张、订单规模稳步扩容，公司规模效应持续释放，经营运营效率实现双提升。 企业出行服务构筑起享道出行坚固的护城河。公司通过旗下企业出行服务品牌“享道租车”为企业用户提供长短租、专车等高端定制化网约车服务。以2025年GTV计，享道出行在全国企业出行服务行业排名第二，在长三角地区排名前列，在上海市场更是以19.8%的份额居于前列。凭借差异化业务布局，公司在激烈的C端价格战之外，培育出稳健优质的 B 端营收基本盘。 Robotaxi是享道出行未来战略的核心支点。2025年7月，公司获得上海智能网联汽车首批示范运营牌照，获准向公众提供主驾无人服务；同年8月启动上海国际旅游度假区至浦东国际机场的L4级Robotaxi旅游专线试运行，计划到2027年前实现享道Robotaxi在中国多个城市的规模化商业运营。据招股书披露，享道出行计划定制L4级Robotaxi车型，致力于为用户提供安全、高效的出行体验。 财务拐点：经营现金流转正，增长势能强劲 从财务维度来看，享道出行正逐步脱离粗放式烧钱扩张阶段，该公司经营现金流在2022年至2024年持续承压，2025年实现突破性转正，现金流...

格隆汇5月25日｜有投资者在互动平台向百利天恒提问：2026年一季度末货币资金为29.67亿，较2025年末货币资金有较大幅度的减少，公司对现金储备如何考虑？百利天恒回复称，公司资金充裕，截至一季度末账存现金近100亿人民币(含货币资金及短期理财资金)。

My portfolio is chock-full of dividend stocks. Many of them offer high yields. By the way, I consider a yield as high if it's more than two times greater than the yield of the S&P 500 (^GSPC +0.37%). This approach works better for me than going with a fixed percentage. What are my top high-yield dividend stocks to buy now? Here's why Enbridge (ENB +0.43%), Enterprise Products Partners (EPD +0.41%), and Verizon Communications (VZ +0.17%) stand out. 1. Enbridge Enbridge pays a forward dividend yield of 4.9%, almost five times higher than the S&P 500's yield. In addition to this juicy yield, the company has increased its dividend for an impressive 31 consecutive years. Its distributable cash flow payout ratio of between 60% and 70% is also healthy. Great dividends are the byproduct of great underlying businesses. Enbridge is a leader in the midstream energy industry. It operates the world's oil and liquids pipeline network, serving more than 75% of North American refineries. The company's pipelines also transport around 20% of all natural gas consumed in North America. Expand NYSE : ENB Enbridge Today's Change ( 0.43 %) $ 0.25 Current Price $ 58.04 Key Data Points Market Cap $127B Day's Range $ 57.70 - $ 58.45 52wk Range $ 43.59 - $ 58.45 Volume 4.5M Avg Vol 4.7M Gross Margin 30.95 % Dividend Yield 4.77 % But Enbridge isn't only a pipeline stock. It ranks as the largest natural gas utility in North America by volume. The company has also expanded its renewable energy operations and now provides renewable power to top customers, including AT&T (T 0.18%), Meta Platforms (META +0.52%), and Toyota (TM 0.31%). Enbridge has clear visibility into growth through the end of the decade. North American liquid natural gas (LNG) demand is expected to increase to over 30 billion cubic feet per day by 2030, while gas demand is projected to increase to roughly 28 billion cubic feet per day. Management has identified around $50 billion of growth opportunities over the next four years t...

Even if a company is profitable, it doesn’t always mean it’s a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential. Profits are valuable, but they’re not everything. At StockStory, we help you identify the companies that have real staying power. That said, here is one profitable company that leverages its financial strength to beat the competition and two that may face some trouble. Two Stocks to Sell: GEO Group (GEO) Trailing 12-Month GAAP Operating Margin: 10.5% With a global footprint spanning three continents and approximately 81,000 beds across 100 facilities, GEO Group (NYSE:GEO) operates secure facilities, processing centers, and reentry services for government agencies in the United States, Australia, and South Africa. Why Is GEO Not Exciting? Sales trends were unexciting over the last five years as its 3.3% annual growth was below the typical business services company Efficiency has decreased over the last five years as its adjusted operating margin fell by 4 percentage points Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 11.1 percentage points GEO Group is trading at $23.55 per share, or 1x forward price-to-sales. If you’re considering GEO for your portfolio, see our FREE research report to learn more. Expro (XPRO) Trailing 12-Month GAAP Operating Margin: 4.7% Operating in over 50 countries from deepwater offshore platforms to remote onshore fields, Expro (NYSE:XPRO) provides equipment and services that help oil and gas companies drill wells, measure production, and maintain well integrity. Why Does XPRO Give Us Pause? Smaller revenue base of $1.58 billion means it hasn’t achieved the economies of scale that some industry juggernauts enjoy Costly operations and weak unit economics result in an inferior gross margin of 20% that must be offset through higher production volumes Poor free cash flow margin of 1.3% for the last f...

Key Points The SpaceX IPO is expected to be the largest one in history. While enthusiasm around SpaceX is rising, history shows that infrastructure enablers often achieve higher returns in the long run than IPO companies. 10 stocks we like better than Nvidia › SpaceX is gearing up for what could be the largest initial public offering (IPO) in history, targeting a capital raise of around $75 billion and a valuation between $1.75 trillion and $2 trillion. Investors are lining up to own a piece of Elon Musk's company, which is revolutionizing rockets, satellite internet, and potentially even AI-native data centers. While Wall Street fixates on SpaceX's debut, history offers a subtle but compelling lesson: The biggest long-term winners from hyped-up IPOs are rarely the headline companies themselves. Instead, they are usually the essential suppliers powering ambitious visions behind the scenes. 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 » In the case of SpaceX, the company that best fits that description is Nvidia (NASDAQ: NVDA). The money that the company raises with this stock sale is expected to fuel a major spending spree on advanced computing, and Nvidia is poised to capture an outsize share of it -- much like other infrastructure enablers have during past tech booms. History shows that infrastructure providers often outshine Stock market history is filled with examples of pick-and-shovel players that become more lucrative investments than the companies that were directly chasing the actual "gold rush." During the internet era of the late 1990s, numerous dot-com companies skyrocketed following their IPOs on enthusiastic narratives -- only to crash once reality impinged on their optimistic visions. Meanwhile, Cisco Systems (NASDAQ: CSCO) made a mint by providing the routers and switches that mad...

都2026年了， 无人车Waymo 还是搞定不了 积水路面 ？！ 最近暴雨多发，Waymo又出新事故。一辆无人车驶入了无法通行的严重积水路面，导致车辆陷入其中停滞不前。 而且在短短一个月内，这已是Waymo第二次因积水问题引发运营事故： 今年4月，Waymo曾被曝出驶入了一段积水车道，由于水势比系统判断的要急得多，车辆最终被溪流冲走。 Waymo事后承认其软件存在缺陷，并进行了一次 大规模召回 ，通过地理围栏在特定时间、区域限制车辆行驶。 但就现在的情况来看，这种临时措施 治标不治本 ，积水问题仍是这家无人车公司的“顽疾”。 Waymo涉水翻车，已暂停多城运营 事情发生在最近，一场强降雨突袭美国亚特兰大。 而一辆处于空载状态的 Waymo无人车 ，当天驶入了无法通行的严重积水路段，被困大约一小时后才被拖离。 Waymo官方事后解释，此次暴风雨来得突然，在当地气象局 正式发布山洪预警之前 ，部分道路就已经开始积水。 也就是说，Waymo车队目前仍依赖 官方天气警报 ，来决定是否避开深水区。 这个解释，实际揭示了Waymo系统设计中的一个关键依赖： 外部信息输入 。 更令人担忧的是，这已是Waymo近期第二次因积水问题造成运营事故。 就在今年4月20日，美国圣安东尼奥，也有一辆Waymo无人车在极端天气受困，好在当时车内也没有乘客。 调查文件显示，尽管系统已检测到路面积水，车辆却仍以低速继续前行，最终被冲入溪流。 当时，这场事故很快引起了交通部门的关注。 5月中旬，Waymo向美国国家公路交通安全管理局（NHTSA）提交了 自愿召回申请 ，涉及 3791辆 搭载第五代和第六代自动驾驶系统的车辆。 给出的召回理由是 软件存在缺陷 ，可能导致车辆在检测到积水后，仍以低速驶入无法通行的路段。 同时，公司也承认， 尚未完全开发出识别并避开积水区域的最终方案 。 因此，Waymo暂时只能通过OTA推送临时软件更新， 通过地理围栏在特定时间和区域限制车辆行驶 。 但如今看来，这种临时措施，更像是一种“治标不治本”的权宜之计。 所以新的事故发生后，Waymo决定 暂停亚特兰大、奥斯汀、达拉斯、休斯顿等城市的运营 ，同时暂停旧金山、洛杉矶、凤凰城、迈阿密四座城市的 高速公路服务 。 公司对外解释称，这是为了更新软件，改善车辆在施工区与淹水道路周边的表现，更新完成后会陆续恢复。 主动停掉...

格隆汇5月25日｜高盛将Take-Two互动软件的目标价从270美元上调至275美元，维持“买入”评级。(格隆汇)

业内一直有这么一个共识，DeepSeek影响力虽然很大，但DeepSeek就是不赚钱。 说到底，无非就是DeepSeek没有订阅、没有额外收费项目，只有API收费，可API价格太便宜了，而且动不动就打折降价。 就比如5月22日晚上，DeepSeek宣布最新旗舰模型永久降价75%，从6月1日开始生效。 但你有想过这一切背后的逻辑是什么吗？ 亚马逊AWS新加坡区域生成式AI技术负责人吉里什·迪利普·帕蒂尔（Girish Dilip Patil）在周末写了这么一篇文章，标题是《DeepSeek的10万亿美元大战略》，从业内视角，对DeepSeek的底层逻辑进行了剖析。 文章给出了一个极其反常识的判断，他说DeepSeek正在以低价为主要叙事手段，进而在整个AI产业链引起一场海啸，彻底瓦解AI硬件现有的产业结构，英伟达、SK 海力士、三星、美光等公司将会丧失如今的领先地位，而且部分市场，也会让中国公司取代。 这10万亿美元代表的，就是整个基于DeepSeek而牵动的市场机会。 文章一经发出迅速爆火，它还不止是只在中文圈火，它是直接火遍了整个X上的AI圈。 X上有一个非常有影响力的AI内容博主叫做罗汉·保罗（Rohan Paul），他就转载了这篇文章，并对文章表示了高度的认可。 国内可能对罗汉这个名字比较陌生，但是他有一个粉丝你肯定认识，那就是皮查伊，谷歌现任CEO。 说回文章作者，吉里什不是那种只懂数学或者代码的人，由于工作的原因，他每天都要接触AI全栈，因此他是既懂大模型架构和推理，也熟悉GPU、云服务、企业部署、开发者生态和商业化场景。 所以他分析DeepSeek时，关注点不是“模型”本身，而是从最底层的技术，慢慢谈到硬件，最后上升到整个产业。 那么文章具体是怎么说的呢？ 01 改写底层逻辑 我们对“便宜”这个词的理解，主要来自于过去的各种大战，比如网约车大战、外卖大战、共享单车大战等等。“便宜就是抢流量，便宜就是抢市场”几乎刻在了网友们的DNA里。 然而DeepSeek的便宜，并非是简单的抢量，它其实是一种“解绑”，让把AI不再依赖特定的硬件。 从V3到V4，DeepSeek有两件事影响很大，一个是模型记忆，一个是模型推理，不过最终都落到了一个字上，“省”。 大模型每聊一句，都要把前面的上下文存在KV Cache里，而这部分通常吃的是最贵、最紧张的HBM。 根据吉里什...

格隆汇5月25日｜有投资者在互动平台向利元亨提问：请问贵司自研的等静压设备是否具备了交付条件？利元亨回复称，公司与具备压力容器制造经验的优质企业联合开发的温等静压机，已完成核心技术验证与整机性能测试，各项指标达到设计预期，具备客户交付条件，该设备已于CIBF 2026展会公开亮相。目前，公司正与行业头部客户实施卧式等静压机的交付工作，并同步推进下一代可实现连续化生产的迭代设备研发。

贵阳银行公告，贵阳国资将5572.75万股无限售流通股质押给贵阳金成商业资产运营有限责任公司，期限2026年5月22日至2026年8月6日，用于营运资金补充。质押后，贵阳国资累计质押2.33亿股，占其持股49.7661%；与一致行动人合计质押2.8亿股，占合计持股49.4204%。贵阳国资持股4.69亿股，与一致行动人合计持股5.66亿股。

Delivery Hero shares surge to 18-month high as Uber eyes takeover Reuters

前不久库迪咖啡品牌升级，换了新logo， 全网吵翻了天，网友几乎一边倒地骂新logo丑。 消费者吐槽丑，完全可以理解。但如果你是创业者、是老板，你合作的品牌营销服务商，也只会用“好看或者不好看”来评判这次升级，那我建议你立刻终止合作——还停留在纯美工思维的人，根本不懂什么是真正的品牌。 用美丑评判logo，本身就是错的。大众的审美只是一种对视觉符号的路径依赖。比如，埃菲尔铁塔刚建成时，法国人都在骂它丑，现在却成了法国的图腾。 在文化图腾方法论里，logo 本质上就是一个感官记号。就像你看书的时候，在页面上画的一个勾、一个三角，这个记号本身没有任何意义，它唯一的作用就是让你快速找到、并且想起这一页的内容。 所以，logo 是品牌所有体验、口碑、故事的标记，它真正重要的从来不是漂不漂亮，而是有没有显著性，让消费者能够认得出，想得起，传得开。 所以很多人说库迪新logo丑，我倒不这么看。你看星巴克是圆的，瑞幸是圆的，蜜雪冰城是圆的，霸王茶姬也是圆的，那在一堆圆形logo里面，一个棱角分明的方形logo，反而可能是最容易被认出来的那个。至于它符不符合咖啡行业的风格，根本不重要。logo 本身不包含任何意义也没问题。比如星巴克的 logo，你之所以觉得有“内涵”和“故事”，都是叙事和产品体验跟这个图形产生了联想。任何一个记号都能跟任何内容产生联想，根本不存在“logo和行业不符”这回事。 但即便如此，我依然认为库迪这次换logo是个彻头彻尾的错误。因为品牌升级的正确顺序，永远是先升级经营，最后再动logo。 这几年库迪一直想撕掉“9块9咖啡”“打折咖啡”的标签，想从一个靠低价跑量的流量品牌，往有溢价的品质品牌走。所以要先把产品的第一价值讲清楚：你说你要做品质咖啡，那你的品质到底体现在哪里？ 你说“好咖啡源自好原料”，那原料好在哪里？ 然后是所有的关键触点和营销剧场：门店的空间体验、取餐的速度、包装的手感、杯身的信息、跟顾客沟通的话术，这些都要跟着升级。 等这些经营层面的东西全部跑通了，顾客已经实实在在感受到你的变化了，最后再换logo，用一个新的感官记号，把所有新的经营动作打包沉淀为品牌资产，这才是真正的品牌升级。 如果只是换了个logo，咖啡豆还是原来的咖啡豆，价格还是靠优惠券拉，体验还是原来的体验，那这次所谓的品牌升级，最终就只是一场用新物料收割加盟商的闹剧。 其实吧，这...

情绪从未如此高涨。 长鑫科技科创板IPO将于本周上会，另一边，长江存储也启动了IPO辅导。市场预测，两家公司均有望破万亿市值。 创投圈已经开始期待IPO敲钟的那一天，那势必是一场浩浩荡荡的超级回报。而最大赢家，自然是身后一路陪跑的地方国资、市场化基金。 毕竟，今年IPO盛况历历在目：从盛合晶微到大普微，再到联讯仪器，百亿级回报屡见不鲜。一批人民币基金，迎来了它们历史上最大的一笔回报。 两个万亿IPO，身后站满投资人 从长鑫科技说起。 国产DRAM存储芯片龙头长鑫科技更新了科创板IPO招股书，正式重启上市审核进程，拟募资额高达295亿元，跻身科创板开板以来规模第二大的IPO项目。 那份令人咋舌的业绩出炉——2026年一季度，长鑫科技实现营业收入508亿元，同比狂飙719%；净利润达到惊人的330亿元，同比飙升1268%。 换言之，这家中国存储龙头日赚近4亿元，单季盈利超越整个科创板，堪称炸裂。 成色如此亮眼，也让外界更加期待这个超级IPO。有机构估算，按照2026年归母净利润1500亿元—2000亿元、20倍市盈率测算，长鑫科技市值可达3万亿元。 一旦上市，便是史诗级。 羡慕的目光，正热烈地投向那些率先投进的人。梳理下来，长鑫科技身后集结着一众人民币基金：安徽国资、合肥国资、国调基金等国资平台，中金资本、君联资本、招商局资本、基石资本、恒旭资本、云锋基金、前海母基金、华登国际、建银国际等知名投资机构，以及腾讯、阿里等互联网巨头。IPO前，其估值达到1500亿元。 几乎同一时间，来自武汉的长江存储宣布启动IPO辅导备案。作为国内最大的NAND Flash制造商，长江存储背后同样有一个人民币基金阵营：上市公司养元饮品、农银金融、建信金融、交银金融、中银金融、工融金投、厦门辰途华恒二号创投、厦门炬达二号投资、上海国有资产、央视融媒体产投基金、中国互联网投资基金等十余家本土基金。 公开资料显示，长江存储母公司长存集团于2025年9月完成股改后估值约1600亿元。如今市场普遍预计，长江存储上市后，市值至少将达到5000亿元至8000亿元，甚至突破万亿元。 从长鑫科技到长江存储，可以想见一场史无前例的超级回报就要来了。 今年创投圈赚翻了 这是A股罕见盛况。 创投圈记得4月16日，深圳大普微在深交所创业板挂牌上市，成为创业板首个未盈利IPO。上市火爆，大普微股价仅14个交易日便飙涨...

超达装备公告，根据2026年5月25日询价申购情况，初步确定的本次询价转让价格为59.19元/股。本次询价转让收到有效报价单共45份，涵盖基金管理公司、合格境外机构投资者、证券公司、私募基金管理人等专业机构投资者。参与本次询价转让报价的机构投资者合计有效认购股份数量为1235万股，对应的有效认购倍数为3.07倍。

(RTTNews) - Asian stocks advanced on Monday as hopes for a U.S.-Iran peace deal sent oil prices sharply lower and eased inflationary concerns. Hopes for a potential deal to end a nearly three-month-long Iran war grew after reports suggested that the U.S. and Iran are working toward a deal to extend their fragile ceasefire by 60 days and reopen the Strait of Hormuz. Despite signs of progress in talks, the two sides remain at odds over key issues, including blockades on the critical waterway, Tehran's nuclear program and the release of a $12 billion frozen assets held in Qatar. According to a statement released on Sunday, the Islamic Revolutionary Guard Corps (IRGC) announced that 33 commercial vehicles and oil tankers passed through the Strait of Hormuz over the past 24 hours under the coordination and security supervision of the IRGC Navy. The dollar hovered near a one-week low in Asian trade, helping gold prices rise over 1 percent to $4,560 an ounce. Both Brent and WTI crude prices fell more than 4 percent amid expectations that a potential U.S.-Iran peace deal could restore smoother energy flows through the key shipping route. Markets in Hong Kong and South Korea were closed for holidays. China's Shanghai Composite index surged 0.96 percent to 4,152.57 on hopes of easing tensions in the Middle East after months of conflict. Coal stocks rose after the worst mining disaster in 17 years sparked fears of increased scrutiny and broader supply disruptions. Brokerage shares were also in the spotlight following China's crackdown on cross-border stock trading. Japanese markets extended last week's gains to reach a new record high, with chip and AI-related stocks leading the surge. The Nikkei average jumped 2.87 percent to 65,158.19 while the broader Topix index settled 1.29 percent higher at 3,942.57. While SoftBank shares rallied 4.6 percent, Lasertec, Fujikura and Taiyo Yuden soared 13-16 percent. Renesas Electronics rose 6.3 percent and Rohm added 9.5 percent after gai...

格隆汇5月25日｜有投资者在互动平台向复旦微电提问：贵司有无研发万亿门FPGA计划，集通信，视觉图形处理，运动数据采集及处理为一体的芯片？复旦微电回复称，公司在国内可编程逻辑芯片领域处于领先地位，率先开发国内首款亿门级和十亿门级FPGA系列产品，填补了国内FPGA高端市场的空白。公司产品广泛应用于通信、人工智能、工业控制等领域。

最近网上最红的人，可能是嘉豪。 社交平台的评论区频繁出现“豪到我了”“嘉豪是你吗”之类的语言； 征集“嘉豪语录”“嘉豪行为”的帖子大受欢迎，大家笑作一团； 也有博主大展演技，“我这样算是赛级嘉豪吗？” 无处不在的“嘉豪”，到底是谁啊？怎么比子涵还火？ 嘉豪和衍生版嘉豪 “嘉豪”这个名字是一个误传。 大概两年前，一名中学男生在讲台上模仿音乐人Alan Walker的视频横空出世。 视频中的小男生穿着黑色兜帽衫、戴着黑口罩，一阵急头白脸地进行无实物打碟，完全沉浸在自己的世界里，不知天地为何物。 Alan Walker 动起来的Alan Walker 这个小男生并不叫“嘉豪”，但视频标签被误打上了这个常见的男生名字。网友们看了视频，对眼前“以为自己帅得不行的小男生”实在眼熟，纷纷指认“我班上也有一个嘉豪”。 嘉豪的名声就这么传开了， 网友们开始用这个名字，来指代以为自己很帅很强，实则用力过猛、显得幼稚尴尬的青春期男孩 。 经过互联网的发酵，“嘉豪”衍生出了更多的版本。 做完题对答案，“ABCD，CBBD。全对！Nice！” 老师讲题时，“天啊，这题还用讲吗？” ——这是“学习豪”。 在朋友圈发（且配穿黑卫衣戴黑口罩自怕），“我的灵魂早在12岁那年死在了夏末的夕阳中。” 突然下雨，大家都在躲雨，自己手揣着兜里不急不慢，“享受孤独”。 ——这是“忧郁豪”。 经常带着顶级黑客气势，主动给教室的电脑清内存、更新软件。 ——这是“黑客豪”。 以及叽里咕噜不明所以的豪。 就连古代的卖油翁和周敦颐也被追认了“嘉豪”称号。 在儿童和成人之间，一不小心成为“嘉豪” 青春期，少男甚至少女，真的很容易一不留神成为“嘉豪” 。 一方面，正在成熟过程中的青少年很难区分“别人看见的”和“我所关注的”，从而会认为别人很关注自己，如同自己很关注自己一样。 另一方面，由于抽象思维的发展，青少年会第一次意识到“我拥有别人看不见的内在世界”，从而产生“我最独特”的感受。 这两种感受的复杂结合，被称为“个人寓言” 。 “个人寓言”的英文是“personal fable”。“Fable”这个词，有寓言、童话的意思，也有无稽之谈的意思；在用作动词的时候，指“煞有介事地杜撰”。 这……就和“嘉豪”很契合了。 青春期的“嘉豪”刚认识到并喜欢上自己的独特之处，想要大张旗鼓地向人们展现理想中的自己； 在努力表现的过程中，却...

格隆汇5月25日｜东吴证券研报指出，泰豪科技为老牌军工细分赛道企业，AIDC发电出海构筑第二增长曲线。公司以能源装备为核心增长引擎，构建覆盖多能源类型的发电体系，具备跨周期的稳定增长能力；工业装备夯实制造基础，集成服务强化工程兑现与客户粘性，形成高壁垒的“设备+系统+工程”一体化能力。此外，国企改革与国际化推进释放经营弹性，在电力投资回暖与能源结构转型背景下，公司有望实现业绩稳步增长、盈利持续修复。公司作为国内军工细分赛道龙头，主业受益于行业景气底部修复，AIDC建设驱动电源配套业务需求上行，双β共振下业绩有望加速。预计公司2026-2028年归母净利润为3.6/5.3/6.1亿元，对应当前市值PE分别为34/23/20X。考虑到公司军工资质&产品壁垒深厚，柴发已突破北美高端市场，内燃机、燃机业务有望逐步突破，成长空间持续打开，首次覆盖给予“买入”评级。

将7-Eleven便利店业态引入日本市场，反向收购品牌母公司，并推动品牌全球化。 【财新网】 5月25日，日本零售集团柒和伊控股发布公告称，公司名誉顾问、前董事长兼CEO铃木敏文于2026年5月18日因心力衰竭离世。遵照家属意愿，铃木敏文的葬礼已经由至亲亲属私下举办。 铃木敏文是日本便利店行业的开拓者。上世纪70年代，他打破零售行业的固有常识，在大超市不断起势的背景下，将7-Eleven这一便利店模式引进日本，并依靠高密度门店布局、精细化运营提质增效等举措，带领品牌发展壮大；最终甚至以特许经营者的身份，完成对母公司的反向收购。

文章提及标的 新锐股份 -- 免责声明： 风险提示：本文内容仅供参考，不代表同花顺观点。同花顺各类信息服务基于人工智能算法，如有出入请以证监会指定上市公司信息披露平台为准。如有投资者据此操作，风险自担，同花顺对此不承担任何责任。

See why Ralph Lauren saw its largest up-move in over a year after earnings, and the fast-growing apparel stock that analysts are highly bullish on.

In a cluster of villages in Pakistan’s largely ⁠rural Chakwal district, more than 100 Shiite Muslims have returned from the United Arab Emirates without jobs, luggage or access to the savings they spent years building abroad. They are among potentially thousands of Shi’ites deported from the UAE to Pakistan during the Iran war, raising alarm in Pakistan’s Shiite community and prompting Human Rights Watch to investigate. Journalists reviewed immigration documents, visa-status screenshots and flight details for 103 Pakistanis who said they were deported Shi’ites, interviewing 24 of them. Each interviewee said they were unable to retrieve luggage or savings before being placed ‌on flights alongside dozens of other Shiite deportees. A 24-year-old airport customer service officer and a 26-year-old building security officer, both Pakistani Shiite Muslims who were working in the United Arab Emirates, pose after being deported along with many others following the US-Israeli war against Iran, in Chakwal, Pakistan, on May 5. Photo: Reuters A database compiled by the Pakistani Shiite political organisation Majlis Wahdat-e-Muslimee lists 7,500 Pakistani Shi’ites deported from the Gulf Arab state since February 28, when the US and Israel launched strikes on Iran. Group spokesperson Mohsin Abidi said the actual number was likely far higher. Deportations accelerating Leaders of Pakistan’s Shiite community say the deportations have accelerated during the war, which has heightened tensions across the Gulf, particularly as Iran responded by launching missile and drone strikes on the UAE. Advertisement Reuters could not determine the criteria the UAE authorities used to select the Pakistanis for deportation. The UAE Ministry of Foreign Affairs declined to comment on a list of questions from journalists about the deportations. Advertisement Pakistan’s interior ministry said in a statement the UAE ⁠had not deported anyone based on sect, saying any deportations were for violating UAE reg...

格隆汇5月25日｜有投资者在互动平台向奥比中光提问：公司在物理AI领域的先进性体现在哪里？奥比中光回复称，物理AI要求AI系统不仅理解信息，还需在物理世界中执行行动，这对3D视觉感知技术提出了更高要求，公司的3D视觉感知技术能够精准捕捉三维空间信息，结合自研算法，为各类AI智能终端赋予环境感知、智能交互、动态导航等核心能力。基于“全栈式技术研发能力+全领域技术路线布局”的3D视觉感知技术体系，公司可提供结构光、iToF、双目、激光雷达等全技术路线3D视觉传感器/方案。同时，公司已完成超过10款芯片流片，从核心器件层面构建了从芯片设计、算法开发到产品量产的完整自主产业链，在物理AI产业链重构中实现关键环节自主可控。公司已将3D视觉生态产品矩阵融入英伟达Isaac与Jetson、苹果macOS、微软、英特尔等国际主流生态平台，可以帮助下游使用者实现从高质量3D感知到强大AI推理的端到端优化。

London ( UKX ) +0.22% Germany ( DAX:IND ) +1.18% France ( CAC:IND ) +1.18% The pan-European Stoxx 600 ( STOXX) rose 0.6% at the start of week, to their highest levels since March 2, boosted by growing optimism over a potential U.S.-Iran deal reached over the weekend. Stocks in Europe were also tracking their Asian counterparts higher after Japan’s Nikkei 225 breached 65,000 on Monday for the first time. Among equities, bank stocks led the rally, with BBVA climbing 2.5%, Santander gaining 2%, UniCredit rising 2%, and BNP Paribas advancing 1.7%. Industrial shares also posted solid gains, while airlines surged as lower fuel prices boosted sentiment. Oil prices fell more than 6% after President Donald Trump’s comments, easing pressure on investors. Coming up in the session: No major events lined up. In the bond market, the yield on the US 10-year Treasury was down 3 basis points to 4.56%. UK's 10-year yield was down 1 basis point to 4.89%. Germany's 10-year yield was down 7 basis points to 2.96%. Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD ) ETFs: (NYSEARCA: EWG ), (NYSE: GF ), (NYSEARCA: EWI ), (NYSEARCA: EWQ ), (NASDAQ: FGM ), (NASDAQ: DAX ), (NYSEARCA: FLGR ), (NYSEARCA: FXB ), (NYSEARCA: EWU ), (NASDAQ: FKU ), (BATS: EWUS ), (NYSEARCA: FLGB ), (NYSEARCA: GREK ) More on Europe Markets Wait Asia And Europe Were More Skeptical About Developments In The Strait Of Hormuz Than The U.S. Trump Cancels Planned Attacks On Iran, Stocks Rally - Market Reactions U.K. wants to cap food prices, riling retailers Euro Area inflation rises to 3% as expected

Choate Investment Advisors cut its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 23.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,154 shares of the enterprise software provider's stock after selling 7,286 shares during the period. Choate Investment Advisors' holdings in Oracle were worth $4,708,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also recently modified their holdings of ORCL. HFM Investment Advisors LLC increased its position in shares of Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider's stock valued at $25,000 after buying an additional 96 shares during the period. FSA Wealth Management LLC bought a new stake in shares of Oracle during the third quarter valued at about $28,000. Joseph Group Capital Management bought a new stake in shares of Oracle during the fourth quarter valued at about $29,000. Investors Research Corp increased its position in shares of Oracle by 465.5% during the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider's stock valued at $32,000 after buying an additional 135 shares during the period. Finally, Mpwm Advisory Solutions LLC increased its position in shares of Oracle by 76.9% in the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider's stock worth $32,000 after purchasing an additional 50 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors. Get Oracle alerts: Sign Up Wall Street Analyst Weigh In Several research analysts recently weighed in on the stock. Citizens Jmp decreased their price objective on shares of Oracle from $342.00 to $285.00 and set a "market outperform" rating on the stock in a research report on Thursday, Febru...

Fisher Asset Management LLC increased its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,314,177 shares of the enterprise software provider's stock after acquiring an additional 269,158 shares during the quarter. Fisher Asset Management LLC owned about 0.32% of Oracle worth $1,815,426,000 at the end of the most recent reporting period. Get Oracle alerts: Sign Up A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its position in Oracle by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider's stock worth $34,070,674,000 after acquiring an additional 5,841,584 shares during the period. Capital Research Global Investors increased its position in Oracle by 1.2% during the third quarter. Capital Research Global Investors now owns 23,310,827 shares of the enterprise software provider's stock worth $6,555,961,000 after acquiring an additional 266,588 shares during the period. Bank of New York Mellon Corp increased its position in Oracle by 0.8% during the third quarter. Bank of New York Mellon Corp now owns 11,938,457 shares of the enterprise software provider's stock worth $3,357,572,000 after acquiring an additional 98,693 shares during the period. Legal & General Group Plc increased its position in Oracle by 3.4% during the third quarter. Legal & General Group Plc now owns 11,696,752 shares of the enterprise software provider's stock worth $3,289,595,000 after acquiring an additional 381,572 shares during the period. Finally, Invesco Ltd. increased its position in Oracle by 16.6% during the third quarter. Invesco Ltd. now owns 10,303,992 shares of the enterprise software provider's stock worth $2,897,895,000 after acquiring an additional 1,464,826 shares during the period. I...

芯片半导体狂拉，万亿巨头中芯国际涨停，寒武纪盘中创下历史新高，今天 华为正式发表“韬（τ）定律” 。这是中国在全球半导体领域首次提出指导产业发展的新原则。此外，受到地缘政治局势的影响，油气股大跌，国内原油期货跌幅居前。 5月25日，A股全天高开高走，三大股指早盘集体拉升，午后更是进一步上涨，沪指尾盘涨近1%，创业板指涨超2%，科创50指数大涨近6%。芯片半导体产业链狂拉，中芯国际、华虹公司双双涨停，寒武纪一度大涨超11%，市值超9000亿元。煤炭、电力等板块爆发。油气股大跌，化工板块调整。 债市方面，国债期货震荡走高。商品方面，国内商品期货分化，焦煤、焦炭涨停，原油期货大跌，原油、燃油期货跌幅居前。香港市场今天因假期休市。 A股 ：截至收盘，沪指涨0.96%，深成指涨1.66%，创业板指涨2.10%。科创50指数大涨近6%。 盘面上，个股跌多涨少，沪深京三市超3200股飘绿，今日成交3.23万亿，沪深两市成交额3.21万亿，较上一个交易日放量超3000亿。板块方面，半导体产业链爆发，华虹公司涨停，中芯国际触及涨停，兆易创新涨停创新高。煤炭、航空、电力涨幅靠前。油气、锂电池、光伏板块走弱。 港股 ：休市。 债市 ：国债期货震荡回升，截至收盘，30年期主力合约涨0.23%，10年期主力合约涨0.04%，5年期主力合约涨0.02%，2年期主力合约持平。 商品 ：国内商品期货涨跌不一，截至收盘，黑色系涨幅居前，焦炭、焦煤涨停；贵金属涨跌参半，沪银涨2.20%；非金属建材全部上涨，玻璃涨2.05%；新能源材料多数上涨，工业硅涨1.48%；基本金属多数上涨，氧化铝涨1.33%；能源品跌幅居前，燃油跌7.31%；化工品多数下跌，沥青跌3.47%；农副产品多数下跌，鸡蛋跌2.04%；航运期货全部下跌，集运指数(欧线)跌1.53%；油脂油料多数下跌，豆二跌1.39%。 芯片半导体狂拉 半导体芯片股全线爆发，华虹公司20CM涨停，中芯国际、兆易创新触及涨停，寒武纪大涨超9%，股价均创历史新高。其他个股方面，东芯股份、华天科技、晶方科技、华兴源创等近60只相关概念股涨停或涨超10%。 据 华尔街见闻文章 写道，2026国际电路与系统研讨会25日在上海举行，华为公司董事、半导体业务部总裁何庭波在题为《半导体新路径探索与实践》的主旨演讲中，正式发表“韬（τ）定律”。这是中国在全球半导体领域首...

莎普爱思公告，近日，公司收到国家药品监督管理局核发的枸橼酸西地那非口崩片的《药品注册证书》（证书编号：2026S01571）。本次获批的枸橼酸西地那非口崩片适用于治疗勃起功能障碍。截至本公告披露日，公司针对该药品的累计研发投入约为991.5万元人民币。

CHUNYIP WONG/E+ via Getty Images The backbone of the global economy is maritime transport, with about 90% of world trade traditions by ships. However, the closing of the Strait of Hormuz has caused a lot of volatility within the market. It also presents an opportunity to capitalize on the dynamics of the shipping industry. That’s where an investment in Navios Maritime Partners LP ( NMM ) could be an option for your portfolio. With over $800 million in contracted revenue for the next three quarters of 2026, NMM has a predictable cash flow as well as exposure to market capesize rates that have risen because of the conflicts in the Middle East. At its current valuation at just 63% of its tangible book value, I believe NMM is a buy and could be a good addition to your portfolio. Company Overview Navios Maritime Partners LP is an owner and operator of dry cargo, containerships, and tanker vessels in Asia, Europe, Australia and North America. NMM offers seaborne transportation services for a wide range of liquid and dry cargo commodities. These include crude oil, chemicals, refined petroleum, coal, iron ore, fertilizer, grain and containers. They have a fleet of 173 vessels , consisting of 65 dry bulk vessels, 51 containerships, and 57 tankers. Their vessels are chartered out under short-term, medium-term, and long-term time charters. They currently have an average charter duration of 2.1 years. They generate revenue by charging their customer base for the use of their vessels to transport their customers commodities. Their fleet has an average age of 9.1 years, compared to the industry average of 13.7 years, and they are adding 26 new ships to their fleet through the first quarter of 2029. The value of their fleet is $9.7 billion, with 55 debt free vessels valued at $1.9 billion. Data by YCharts Company Analysis NMM has decided to create a stable revenue base by having their containership fleet fixed to long term contracts for 100% of their available days for all of 2026...