UBS AG offers Trigger Autocallable Notes — Qualcomm (NASDAQ: QCOM) Stock Titan

Marcus Lindstrom/iStock Unreleased via Getty Images The Swatch Group AG ( SWGAY , SWGAF , SWGNF ) recently launched a very discussed collaboration with Audemars Piguet, a renowned Swiss luxury watchmaker. Today, I start my coverage on Swatch, arguing how this collaboration has the potential to be a game changer for a company that already enjoys gross margins matching those of luxury houses and needs one major product catalyst to be repriced by the market as a luxury company. If the Royal Pop manages to replicate even a fraction of the success of the Labubu doll, this may be an asymmetric investment opportunity hiding in plain sight. The Watch Market is Stagnant and in Need of Innovation As an investor, watches are hardly an industry I get excited about. The industry was overall stagnant in terms of revenue until 2020, when it suffered due to the pandemic-induced cut in discretionary spend. It did enjoy some good growth after 2020, a time which corresponded with what observers now call the “ watch bubble ” of 2021-2023. This growth was driven for the most part by speculation on the most sought-after timekeepers from luxury watch makers. Author's work based on publicly available reports And luxury watchmakers such as Rolex, Audemars Piguet, and Patek Philippe have been the ones reaping the most benefits of recent growth in the industry, as the chart above suggests. Mainstream Watchmakers Are Stuck Between Luxury and Smart Watches Mainstream watchmakers, such as the privately held Seiko Group and Citizen Watch Co., Ltd. ( CHCLY ) have been under pressure for a decade. Their portfolio prevalently includes watches that sell under or close to the $1,000 mark (with the exception of Grand Seiko for Seiko and a couple of niche luxury brands for Citizen). As such, they have been “attacked” from two sides. On the one hand, the rise of Smart Watches has prevalently eaten into the entry-level and mid-tier watch segments that represent their bread and butter (see the below chart ...

格隆汇5月22日｜美国财政部拍卖190亿美元10年期通胀保值国债（TIPS），得标利率2.169%，投标倍数2.52。

财联社5月22日讯（编辑 牛占林） 美国制药巨头礼来公司周四宣布，其下一代减重药物在一项关键后期临床试验中达成主要目标，各剂量组均实现了显著的减重效果。美股盘中，礼来股价涨逾2%。 这一结果使礼来距离为该每周注射一次的药物retatrutide提交上市申请更近一步。该药物的作用机制与礼来及诺和诺德现有的注射剂和口服药均不同，且疗效似乎更为出色。 在仅评估坚持用药患者的数据中，最高剂量retatrutide在80周内帮助患者平均减重28.3%(约70.3磅，31.9公斤)，而安慰剂组仅减重2.2%。 礼来表示，在这项纳入约2500名患者的III期试验中，约45%的受试者体重降幅达到或超过30%。 此外，在针对体重指数(BMI)大于和等于35的患者进行的扩展研究中，最高剂量组在104周内帮助患者平均减重30.3%。这一BMI水平意味着患者面临更高的心血管疾病和糖尿病风险。 尽管该药物在最高剂量下出现了更高比例的胃肠道副作用，如恶心和腹泻，但整体安全性特征与此前retatrutide在肥胖伴膝关节炎患者中的III期试验结果一致。部分分析师此前指出，这些副作用恰恰反映了该药物减重速度之快、力度之强。 值得注意的是，礼来此次测试的较低剂量方案则显示出更好的耐受性，因副作用而停药的患者比例更低。 礼来首席科学及产品官Dan Skovronsky将30%的减重幅度称为"令人难以置信的数字"，因为此前这一水平仅与减重手术相关。"我们从未在这些药物中见过如此高的减重效果。" 在80周时，约65%服用最高剂量retatrutide的患者BMI降至30以下，即脱离了肥胖范畴。 在数据公布前，部分分析师预计retatrutide减重效果将超越礼来的重磅减肥药物Zepbound(减重幅度约20%-22%)。 此次数据是retatrutide迄今为止第三项后期临床试验结果。该药物今年年初在糖尿病试验中取得成功，并于去年12月完成针对肥胖合并膝关节炎患者的小规模研究。礼来正大力押注retatrutide，希望其成为继注射剂Zepbound和新近上市的口服药Foundayo之后，公司肥胖产品组合的又一支柱。 值得注意的是，礼来还在本次试验中测试了此前未在其他试验中使用的4毫克低剂量，该剂量在80周内帮助患者减重19%。 Skovronsky表示，该最低剂量的减重效果与高剂量Zepbound相近，但...

美国驻丹麦大使肯尼思·豪韦里当地时间5月21日在格陵兰岛首府努克新美国领事馆开幕仪式上发表的讲话，称美国总统特朗普已排除对格陵兰岛使用武力的可能性。格陵兰岛的未来必须由格陵兰人民自己决定。 (央视新闻)

专题：聚焦美股2026年第一季度财报 英伟达公布本财年 CPU 业务营收预期。 公司首席财务官科莱特・克雷斯周四接受雅虎财经采访时称，预计独立服务器 CPU，以及格雷斯 - 布莱克韦尔、维拉 - 鲁宾超级芯片内置 CPU 的合计销售额将达到 200 亿美元。 克雷斯表示：“如今我们也推出独立 CPU 产品并对外销售。已有客户关注这款产品，再叠加维拉 - 鲁宾、格雷斯 - 布莱克韦尔芯片相关业务，今年 CPU 整体营收有望达到 200 亿美元。” 此番表态印证了英伟达首席执行官黄仁勋在财报电话会上的说法，其此前曾预计独立 CPU 业务可创收 200 亿美元。黄仁勋还指出，CPU 市场整体可为英伟达带来 2000 亿美元的增长空间。 克雷斯称，独立 CPU 服务器的客户群体，与现有采购英伟达 GPU 超级芯片系统的客户高度重合。 “整机配套 CPU 业务稳步发展，独立 CPU 也已形成庞大市场。” 图形处理器凭借训练与运行人工智能模型的核心能力，奠定了英伟达如今的行业地位。英伟达多年来自研 CPU，大多搭配 GPU 应用于人工智能服务器。 GB300 芯片由 1 颗格雷斯 CPU 与 2 颗布莱克韦尔超强 GPU 组成；下一代维拉 - 鲁宾超级芯片，则搭载维拉 CPU 与鲁宾 GPU。 目前英伟达开始拆分 CPU 产品，推出纯 CPU 独立服务器，主要面向智能体应用场景。 智能体可理解为半自主或全自主数字助手，能够自动整理邮件、浏览网页、归档文件。GPU 负责运算 AI 模型，CPU 则操控智能体执行各项实际操作。 这一变化重塑芯片行业格局，让此前热度不及 GPU 的 CPU 品类价值大幅提升。 今年 3 月，英伟达宣布将向元宇宙科技企业交付首批纯格雷斯 CPU 服务器，并计划在 2027 年推出纯维拉 CPU 服务器。 责任编辑：郭明煜

SpaceX just filed its S-1, officially paving the way for a mid-June IPO. In this video, I'll share some of the most important takeaways from the filing, as well as some key information that investors should have before considering the stock for their portfolio. *Stock prices used were the morning prices of May 21, 2026. The video was published on May 21, 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 » Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor’s total average return is 996%* — a market-crushing outperformance compared to 208% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of May 21, 2026. The Motley Fool has a disclosure policy. Matthew Frankel 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 that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

C3.ai (NYSE:AI) is back in the chat rooms again this month, up 7.28% in a week as retail traders bet the enterprise AI software story has finally bottomed at $9.28. But here’s what you should actually be watching. The C3.ai story is broken, not bottoming The fundamentals are unraveling beneath the surface. Q3 FY26 revenue ... Forget C3.ai. While It Burns Cash and Faces Lawsuits This 6.74% Yielding Pipeline Giant Is Quietly Powering AI Data Centers

July WTI crude oil (CLN26) today is up +3.14 (+3.20%), and July RBOB gasoline (RBN26) is up +0.0321 (+0.95%). Crude oil and gasoline prices are moving sharply higher today as the standoff between the US and Iran is fueling concerns that a prolonged closure of the Strait of Hormuz could worsen energy disruptions. Crude prices jumped today after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in Iran, as sending the material abroad would leave the country more vulnerable to future attacks by the US and Israel. The report tempers optimism that the US and Iran were moving closer to a deal to end the war. Don’t Miss a Day: Ramped-up geopolitical tensions are supportive for crude prices after Reuters reported Monday that Pakistan has deployed 8,000 troops, a squadron of fighter jets, and an air defense system to Saudi Arabia as part of a mutual defense pact, a deployment described as a "substantial, combat-capable force" to support Saudi Arabia if it comes under further attack. On Sunday, the UAE reported that a drone sparked a fire in a power station at the United Arab Emirates' Barakah nuclear plant, and Saudi Arabia said it intercepted and destroyed three drones that entered its airspace. Last Wednesday, the International Energy Agency (IEA) said in a monthly report that global observed oil inventories declined at about 4 million bpd in March and April, and that the market will remain "severely undersupplied" until October, even if the conflict ends next month. Energy prices remain underpinned by the US-Iran war, which is keeping the Strait of Hormuz essentially closed. The ongoing conflict is exacerbating global oil and fuel shortages, as about a fifth of the world's oil and liquefied natural gas transits through the strait. Goldman Sachs estimates that crude output in the Persian Gulf has been curtailed by about 14.5 million bpd, and that the current disruption has drawn down nearly 500 million bbl from global crude stockpiles, which could...

Amkor Technology (NASDAQ:AMKR) outlined a multi-year growth strategy centered on advanced semiconductor packaging, saying the technology has moved from a back-end manufacturing step to a critical part of system performance, integration and supply-chain design. During the company presentation, executives said Amkor expects rising demand for high-performance computing, artificial intelligence, automotive electronics and regionalized semiconductor supply chains to reshape its revenue mix and improve its earnings profile over time. Advanced Packaging Moves to the Critical Path Farshad Haghighi, Amkor’s chief sales officer, said customer engagement is changing because packaging decisions now affect performance, manufacturability, yield, reliability and time to market. “Packaging is no longer a downstream manufacturing decision. It is system defining,” Haghighi said. He added that customers are bringing Amkor earlier into architecture and design discussions as they adopt chiplets, high-bandwidth memory, advanced power delivery and thermal management. Haghighi said the shift is moving customer relationships from transactional programs to multi-year partnerships. Earlier engagement, he said, gives Amkor better visibility into customer roadmaps, timing and scale, which supports more disciplined capacity planning, smoother ramps and better utilization through cycles. The company highlighted four major end markets: Computing and AI: Amkor said this is its fastest-growing market, driven by heterogeneous integration, chiplets, 2.5D packaging, high-density interconnects, co-packaged optics and proximity to high-bandwidth memory. Amkor said this is its fastest-growing market, driven by heterogeneous integration, chiplets, 2.5D packaging, high-density interconnects, co-packaged optics and proximity to high-bandwidth memory. Automotive: Amkor said electrification, software-defined vehicles, ADAS, centralized computing and power modules require long product cycles, stringent qualific...

格隆汇5月22日｜OpenAI：AdventHealth正在部署Chatgpt以减轻行政负担，并优化其系统内的临床工作流程。

Nvidia (NASDAQ: NVDA) generated nearly $82 billion in revenue for the first quarter, and there aren't many signs of slowing down. In this video, I'll discuss all of the important numbers and give my verdict of whether the stock is a buy right now. *Stock prices used were the morning prices of May 21, 2026. The video was published on May 21, 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 Nvidia right now? Before you buy stock in Nvidia, 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 Nvidia 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 $475,063!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,369,991!* Now, it’s worth noting Stock Advisor’s total average return is 996% — 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 21, 2026. Matt Frankel, CFP has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Matthew Frankel 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 that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. The views and opinions expressed...

日经新闻周四消息，日本川崎重工业将与英伟达合作，研发融合机器人技术与实体人工智能的解决方案，并将在硅谷设立联合研发中心。 双方合作初期聚焦医疗与交通出行领域。英伟达仿真技术将应用于川崎重工正在研发的四足个人代步机器人 Corleo。 川崎重工将在美国加利福尼亚州圣何塞市设立这座联合研发中心。 报道称，除英伟达外，川崎重工还将联合 ADI > 亚德诺 半导体、 微软 、富士通共同入驻该中心开展研发工作。 责任编辑：郭明煜

《信報》印刷版出報日為星期一至六。 除以下公眾假期外，其餘日子照常出刊： 休刊日：逢周日及2021年2月12至15日、 4月3至5日、12月27日 《信報》網上版及流動版於休刊日將如常更新每日即時新聞， 敬請留意。

中芯國際(00981) 海外監管公告-證券發行及相關事宜 信報網站

Nvidia aims to rely less on giant data center operators and predicts other businesses and governments will become a bigger source of revenue for its chips and computing products to support AI ambitions. Tony Wang, portfolio manager of the T. Rowe Price Science and Technology Fund, joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

摩根大通 亚太投行负责人周四透露，该行正于全球投行业务全线部署人工智能工具，成为业内较早大规模应用 AI 的机构。 全球银行业持续加码 AI 投入，人员结构与岗位职能随之重塑。 摩根大通首席执行官戴蒙同日受访表示，银行将扩招人工智能专业人才、缩减传统投行岗位。此前渣打银行也计划依托 AI 升级，至 2030 年裁员近 8000 人。 摩根大通亚太投行主管保罗・尤伦称：“我们正处于全球投行 AI 工具应用初期，技术落地进展令人看好。” 该行获准接入人工智能公司安思卓的 Mythos 网络安全模型，参与合规管控项目。该模型可排查浏览器、基础设施与软件中隐匿数十年的系统漏洞。网络安全界担忧，这款高性能模型也可能被用于发起高级网络攻击，对大量沿用老旧系统的银行业构成潜在威胁。 尤伦表示，AI 工具可跨体系调取、快速整合海量信息，精简文书材料筹备工作，助力客户经理高效拓展客群。 另有消息显示， 高盛 、花旗、 美国银行 、 摩根士丹利 也已接入或测试这款 Mythos 模型。 责任编辑：郭明煜

佐敦文苑樓發生火警，至少一死五傷，死者是一名71歲男子，消防在一個單位內發現其屍體。 火警大致在凌晨零時15分救熄，大批消防及警察仍在現場戒備，現場尚未解封，有居民在附近等消息。 文苑樓正進行大維修，外牆有棚架及棚網，現場所見棚網未有大範圍著火。有居民稱，棚網最近才換上，應該經過檢測。

Investing.com - Enphase Energy Inc (NASDAQ:ENPH) shares rose 14% Thursday and gained 26% for the week as investors positioned into the stock amid data center energy demand. The company has been developing solid-state transformers. Goldman Sachs analyst Brian Lee discussed solid-state transformers and Enphase Energy's positioning in a note to clients on Wednesday. The analyst stated that with the pending evolution of modern data centers to 800V DC architecture per the Nvidia roadmap in coming years, the opportunity for power conversion technology across the AI data center footprint is starting to come into focus. Multiple technology vendors are planning to roll out advanced transformer technologies to address the more stringent efficiency, reliability, and higher power needs of future AI data centers. Enphase Energy formally announced development of a solid-state transformer in late April and published a presentation discussing the product in more detail. The company is working with potential customers and aims to start pilot programs in 2027 with initial shipments expected in 2028. Goldman Sachs hosted the company for an investor call in early May to discuss the solid-state transformer opportunity. Goldman Sachs estimates the solid-state transformer total addressable market to be in the 10 gigawatt range in 2030, equating to a revenue opportunity as high as $5 billion. Based on low and high scenarios, the firm calculates that revenue potential in 2030 for Enphase Energy could range from $110 million to $910 million, with earnings potential of $0.21 to $1.75 in 2030. Goldman Sachs maintained a Buy rating on Enphase Energy and raised its 12-month price target to $57 from $51 prior. The firm's target price is based on a target price-to-earnings multiple of 22.5 times applied to its Q5-Q8 earnings per share, and then adding back $5 of net cash per share. Related articles Enphase Energy stock surges on data center transformer opportunity Citi pushes back Fed rate cuts to...