日本财务省21日公布的贸易统计数据显示，受中东局势延宕影响，日本4月原油进口量创新低，但进口价格却创新高。 数据显示，4月日本原油进口量为448万千升（1万千升约合6.29万桶），同比减少63.7%，创1979年以来单月最低水平。其中，日本长期依赖的中东原油进口降幅显著。4月，来自中东的原油进口量同比减少67.2%，至384.3万千升。 为弥补中东供应缺口，日本加大从美国等地采购原油。同期，来自美国的原油进口量同比增长38.8%，至45.7万千升。 除原油外，日本自中东进口的其他能源产品也明显减少。4月，来自中东的汽油进口量同比下降79.4%，液化天然气进口量下降76.1%。业界担忧，这可能进一步波及化工、化肥等行业的原料供应。 据《日本经济新闻》网站21日报道，4月日本原油进口单价升至每千升10.14万日元（1美元约合159日元），同比上涨37.9%，创1979年有可比数据以来新高。国际油价高位运行、霍尔木兹海峡通行受阻、日元贬值等因素是日本原油进口成本急升的主要原因。 日本经济产业省表示，除美国外，日本正扩大从中南美、中亚等地区的替代采购。然而，即便采购渠道增加，高企的进口价格仍将推高企业成本，并给居民生活带来压力。(新华社)

ARM股价一度飙升11%，至盘中纪录新高。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

Olga Yastremska/iStock via Getty Images So, since my February article , " Time to Take Profits on Gilead Sciences, " Gilead shares ( GILD ) have already fallen 13.7%, underperforming the S&P 500 [7.6% return] ( SPY ). Source: Seeking Alpha In it, in addition to its Q4 earnings , I discussed why, in my view, the $7.8 billion acquisition of Arcellx was overpriced. As a reminder, because of the rapidly increasing adoption of its competitor, J&J/Legend's Carvykti ( JNJ ) ( LEGN ), as 2L therapy, and the launch of Tecvayli plus Darzalex Faspro in March. Source: table was made by Author But still. What interesting things have happened in the last 3 months? On April 29 , Gilead announced that the FDA had accepted its NDA submission for BIC/LEN, a combination of 75 m bictegravir with 50 mg lenacapavir. By the way, this "duo" demonstrated in the ARTISTRY-1 [ NCT05502341 ] and ARTISTRY-2 [ NCT06333808 ] studies showed non-inferior efficacy to complex regimens and Biktarvy, respectively. In the ARTISTRY-2 trial, at week 48, only 1.3% of patients receiving lenacapavir/bictegravir had an HIV-1 RNA viral load of 50 copies/mL or higher, compared to 1% of those in the Biktarvy-arm. Well, am I still covering Gilead with a Sell rating? For now, I'll start by discussing sales of Yeztugo [ lenacapavir ], the "gem" of its HIV franchise. And looking forward, they turned out to be higher than I had priced into my "ALLKA 4D Rating" model. Yeztugo is becoming a key growth driver for Gilead's HIV franchise So, as you know, Gilead is the leader in the HIV therapeutics market. And in the second place, I put GSK. Overall, it has a rich portfolio of medications, including Biktarvy, Descovy, and Yeztugo. Thanks to this "trio," revenue of GILD's HIV unit rose 9.7% year-over-year to $5.03 billion . Source: table was made by Author based on the financial reports of Gilead Sciences By the way, Biktarvy is still Standard of Care, or "SoC," in treating adults with pre-existing HIV drug resistance and c...

USO270617P00106000 互動股市圖表 | USO Jun 2027 106.000 put 股市 Yahoo 財經

格隆汇5月21日｜美国5月标普全球服务业PMI初值50.9，预期51.1，前值51；5月标普全球制造业PMI初值55.3，预期53.8，前值54.5。

Stellantis, the automaker behind the Jeep and Ram brands, has tapped self-driving startup Wayve to bring hands-free driving to its vehicles in 2028. The companies announced the deal Thursday during Stellantis’ investor day at its North American headquarters in Michigan. This is the second automaker deal for the buzzy U.K.-based startup and comes on the heels of a $1.2 billion Series D funding round that attracted deep-pocketed strategic investors, including Nissan and Stellantis, and returning backers Microsoft, Nvidia, and Uber. Wayve didn’t disclose the contractual value of the partnership or provide details on which Stellantis vehicles will get the self-driving software “brains” developed by Wayve, but according to Wayve CEO Alex Kendall, this is a commercial contract to supply Stellantis with tech at scale. The companies are targeting the North American market first, which helps narrow the field of Stellantis’ 14 brands, which also include Chrysler and Dodge. “One of the amazing things about Stellantis is the global, massive scale they operate at, and the diversity of products they offer,” Kendall told TechCrunch describing the opportunity for his startup. “It’s one of the reasons why it’s such a good match because our AI is so adaptable; we can generalize to the variety of products that they offer, and means that because of the diversity of sizes, shapes of vehicles, different driving styles, different geographies they run in our AI is built to scale across them all.” By 2028, there could be more vehicles to choose from. Stellantis announced Thursday that it plans to expand its market coverage in North America by launching 11 new vehicles by 2030 as part of its $70 billion turnaround plan. Seven of those vehicles will be priced under $40,000, and two under $30,000, Stellantis said. It’s not clear if Wayve’s tech will show up in those lower-cost cars and SUVs. Although, if one took Wayve’s efficiency pitch to heart, it might seem plausible. Wayve has developed a...

1. SpaceX is loss-making The entire business lost $4.9bn in 2025 on revenues of $18.7bn. Revenue is growing, however, rising by a third on 2024. SpaceX’s losses have widened since the start of the year, losing $4.3bn in the first quarter, compared with a loss of $528m in the same period last year. The company is split into three segments: space, which incorporates the rocket launch business whose clients include Nasa; connectivity, which houses Starlink; and AI, the unit behind xAI and the X platform. Connectivity makes the most revenue, at $11.4bn, followed by space with $4.1bn and AI at $3.2bn. The Starlink unit was the only profitable segment in the first three months of this year. The AI unit is heavily loss making, losing $6.4bn last year, which reflected factors such as higher computing expenses (for instance to build and operate the AI models that power Musk’s Grok tool). Capital expenditure was $20.7bn, with the xAI unit again showing itself to be a big cost centre. It accounted for $12.7bn of the total, primarily due to the cost of building massive datacentres. SpaceX has built the appropriately named Colossus datacentre. View image in fullscreen The xAI unit made losses of $6.4bn last year, reflecting factors such as higher computing expenses such as building and operate the AI models that power the Grok tool. Photograph: Dado Ruvić/Reuters 2. Mars ambitions There are some extraterrestrial aspirations in the document that are not found in the average flotation prospectus. The section marked “future markets” includes the following: space tourism; energy production and manufacturing on the moon and Mars; and asteroid mining. The prospectus acknowledges these markets “do not exist today”. View image in fullscreen A SpaceX Falcon Heavy rocket lifts off carrying a Nasa spacecraft from the Kennedy Space Center in Cape Canaveral, Florida, in 2023. Photograph: Joe Skipper/Reuters “While we believe these industries will develop over time, the manner in which they e...

Broadcom Joins Applied Materials In AI Chip Packaging Push Broadcom said the collaboration combines Applied Materials' materials engineering expertise with Broadcom's semiconductor and system-design capabilities to accelerate AI product deployment and improve time-to-market. Under the EPIC platform, Broadcom will access Applied Materials' global research network, including the new EPIC Center in Silicon Valley, to address growing AI hardware bottlenecks tied to connecting multiple chips within high-performance computing systems. AI Infrastructure Growth Remains Central Broadcom has become one of the largest semiconductor and infrastructure software companies, with custom AI accelerators emerging as a major growth driver. The partnership highlights how advanced packaging is becoming increasingly important as AI systems grow more complex and power-intensive. Advanced Packaging Emerges As AI Bottleneck Futurum analyst Brendan Burke said advanced packaging has become one of the biggest constraints on AI computing growth as chipmakers push for higher interconnect density, faster data movement, and better thermal management. Broadcom's roadmap for multi-die AI processors and 3D chip stacking increases the need for innovations in power delivery, packaging materials, and chip-to-chip connectivity — areas where Applied Materials specializes. EPIC Model Could Speed Commercialization Burke said Applied Materials' EPIC platform gives the company earlier involvement in chip architecture development instead of relying on traditional sequential supply-chain handoffs. The EPIC Center in Silicon Valley is designed to shorten the timeline between research and full-scale production, potentially helping Broadcom accelerate deployment of future AI infrastructure technologies. Analysts Expect Strong Earnings Growth Wall Street expects Broadcom to report fiscal second-quarter earnings of $2.32 per share on revenue of $22.08 billion, compared with earnings of $1.58 per share and revenue of...

美国5月标普全球制造业PMI初值55.3，创48个月新高。 美国5月标普全球服务业PMI初值50.9，创2个月新高。 美国5月标普全球综合PMI初值51.7，与前值一致。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

CRDO260522P00147000 互動股市圖表 | CRDO May 2026 147.000 put 股市 Yahoo 財經

STX270617P00500000 互動股市圖表 | STX Jun 2027 500.000 put 股市 Yahoo 財經

EOG260626P00131000 互動股市圖表 | EOG Jun 2026 131.000 put 股市 Yahoo 財經

美国5月标普全球综合PMI初值 51.7，预期 51.8，前值 51.7。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

美国5月标普全球服务业PMI初值 50.9，预期 51.2，前值 51。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

美国5月标普全球制造业PMI初值 55.3，预期 53.8，前值 54.5。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

Rocket Lab (NASDAQ: RKLB) is gaining attention for more than launches. Its Haste platform, defense contracts, and expanding backlog could reshape the company's long-term growth story. But after a massive rally and a premium valuation, investors face a tougher question: is Rocket Lab still an opportunity, or has the market already priced in too much? *Stock prices used were the market prices of May 14, 2026. The video was published on May 20, 2026. Continue reading

The Bundibugyo species of the virus does not yet have a vaccine, and it could take up to nine months before a vaccine against it is ready, the World Health Organization said on Wednesday.

This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) delivered another powerful quarter, but the market's reaction showed investors may now be harder to impress. Revenue rose 85% to $81.6 billion in the three months ended April 26, ahead of the $79.2 billion estimate, while adjusted profit reached $1.87 a share, beating expectations of $1.77. The company guided for about $91 billion in sales for the three months ending in July, above the $87 billion average estimate, though below the highest projections of $96 billion. Even after Nvidia raised its quarterly dividend to 25 cents a share from a penny and announced $80 billion in stock repurchases, shares slipped about 1% in late trading Wednesday. The bigger story is no longer just the strength of AI demand, but how Nvidia could broaden the engine behind that growth. Data center revenue reached $75.2 billion, ahead of the $73.5 billion estimate, while networking sales came in at $14.8 billion versus expectations of $12.7 billion. Hyperscalers remain central to the company's momentum, with large data center clients expected to spend roughly $725 billion on AI this year, but Nvidia is now separating that revenue from a new ACIE group covering AI clouds, industrial and enterprise customers. CEO Jensen Huang said the AI factory build-out is accelerating at extraordinary speed, while also pointing to physical AI, robots and automated vehicles as a major future opportunity. Still, Nvidia's dominance is facing a more demanding investor test. AMD, Broadcom and Google are pursuing the AI chip market, while some of Nvidia's largest buyers are developing their own in-house components. China remains another pressure point, with US export rules limiting AI accelerator sales and Nvidia saying it is still not generating data center revenue there, even though the company has said the market could generate $50 billion a year. Nvidia is also expanding into CPUs and inference-focused chips, expecting $20 billion in CPU revenue...

格隆汇5月21日｜现货黄金失守4490美元/盎司，日内跌1.19%。

继遭遇4亿美元欺诈相关损失后， 汇丰控股 正在重新评估其风险偏好，并放缓了此前公布的40亿美元私募信贷扩张计划。据报道，这家欧洲最大银行尚未将这笔资金实质性投入其资产管理部门的私募信贷基金。 此次扩张减速的直接导火索，是一笔与阿波罗旗下Atlas SP Partners部门相关的贷款损失。Atlas曾向英国抵押贷款机构Market Financial Solutions提供融资，后者因涉嫌欺诈而倒闭。汇丰通过为Atlas提供后端杠杆融资而间接卷入，并为此计提了约4亿美元损失。知情人士透露，在该特殊目的载体中，汇丰为贷款价值的80%提供资金，高于业内60%至70%的常见水平，导致其缓冲垫不足。 汇丰主席布兰登·纳尔逊在股东年会上表示，银行已基本完成对其贷款政策的审查，并正在更新风险偏好。尽管一位发言人重申了汇丰致力于提供私募信贷基金的承诺，但据报道，目前尚无资金实际投入，短期内也无意推进。该行去年6月宣布该计划时，曾希望与 黑石 、阿波罗等巨头在1.8万亿美元的私募信贷市场竞争。 与此同时，由于软件行业面临人工智能冲击的风险，全球投资者对私募信贷的赎回请求激增，市场情绪本已紧张。这起事件也令监管机构对银行通过复杂链条间接承担信贷风险的担忧再次升温。 责任编辑：张俊 SF065

格隆汇5月21日｜据彭博，在专业服务公司，行政助理负责管理合伙人的日程、处理报销和安排差旅。这是为数不多仍不要求精英学历的白领岗位之一。承担这些工作的员工年收入可超过10万美元，服务最高级别高管的人还有望获得激励和奖金。但随着普华永道和麦肯锡等公司为节省成本、并为人工智能接手更多工作腾出空间而裁减或迁移数以千计的支持类岗位，这条职业路径正在逐渐消失。知情人士称，普华永道美国业务今年2月裁减了约600名行政助理、招聘人员及其他支持员工。

How META Stock Can Climb To $1,000 Forbes

This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META) may be heading into a rare and complicated reversal of its Manus acquisition, as the Chinese-founded AI startup's three co-founders explore ways to satisfy Beijing's demand to unwind the deal. Xiao Hong, Ji Yichao and Zhang Tao are discussing a possible funding round of about $1 billion from outside investors to help buy back the agentic AI operation, according to people familiar with the matter. The proposed round could value Manus at least in line with the $2 billion Meta paid for the company, with the founders potentially adding their own capital to finance the rest of the transaction. The possible structure would mark a partial reversal of Manus's earlier move away from China. One option under discussion would set Manus up as a China-based joint venture with new backers before a potential Hong Kong IPO. That structure could allow Manus to keep attracting US-dollar funding while becoming more compliant from a corporate-structure standpoint, according to the people familiar with the deliberations. The talks also highlight how Beijing's regulators are pushing harder to prevent sensitive technology and talent from moving to geopolitical rivals, especially after Manus relocated its headquarters and key staff to Singapore in 2025 before Meta announced the deal in December. For investors, the larger issue is not just whether Manus can raise fresh capital, but whether Meta can practically unwind a deal that has already moved deep into execution. Manus was projected to generate about $1 billion in revenue this year, which has drawn some investor interest in a repurchase, but the discussions remain preliminary and the valuation could still shift. The biggest complication is that Manus employees have already joined Meta, capital has been transferred, staffers have moved into Meta offices in Singapore, and the startup's agentic AI technology has been integrated into Meta's systems. That makes this a pote...

Investing.com -- Microsoft (NASDAQ:MSFT) rose 2% Thursday after The Information reported that Anthropic is in talks to use the company’s custom AI server chips. Anthropic is currently in discussions to rent servers powered by Microsoft’s Maia chips to secure additional computing power for its Claude models, according to the report. Securing Anthropic as a client would mark a significant win for Microsoft, whose in-house chip development faced delays last year. The deal would allow Microsoft to compete with cloud rivals Google and Amazon by offering an alternative to Nvidia hardware, which currently dominates the market and eats into cloud profit margins. For Anthropic, renting Maia chips provides additional options to run its models and the opportunity to tailor future generations of the chip to its specific needs. The Maia chips are designed to run existing models faster than Nvidia’s hardware, though they are not intended for training or developing new models, according to the report. Related articles Microsoft rises 2% as Anthropic eyes deal for custom Maia AI chips These 2 stocks are best positioned to benefit from higher uranium prices: analyst 5 reasons why Jefferies thinks Meta’s pullback is a buying opportunity

STX260529C00450000 互動股市圖表 | STX May 2026 450.000 call 股市 Yahoo 財經

格隆汇5月21日｜中东冲突对全球农业造成冲击，包括推高化肥价格和生产成本，以及导致农产品供应趋紧。泰国方面20日公布的最新数据显示，亚洲基准大米价格创下一年多来新高。

Frank Brennan IBM ( IBM ) was in focus on Thursday after RBC Capital Markets called its deal with the U.S. government to launch a standalone quantum chip manufacturing company a “big win.” Shares rose more than 4% in early trading. “We had an opportunity to talk with management who sees this as a big win for IBM and the quantum supply chain noting there is not currently a manufacturer of 300-millimeter wafers of this scale in the U.S.,” RBC Capital analyst Matthew Swanson wrote in a note to clients. “As one of the largest consumers of these wafers, IBM is both securing its own supply chain while also creating a commercial opportunity to be the 'picks and shovels' of the quantum industry. While there is currently no timeline they are disclosing for the completion of Anderon, the investment in domestic 300-millimeter wafer supply does increase the likelihood of IBM being one of the earliest beneficiaries of quantum in our view.” Swanson has an Outperform rating and $300 price target on IBM. More on IBM IBM: The Business Improved Faster Than Many Investors Realize CliffsNotes IBM, Boeing Earnings Summaries: Boeing's OK; IBM Is All About What Management Didn't Say IBM's Q1: Caught In AI Crossfire IBM, D-Wave, Rigetti, GlobalFoundries confirm proposed U.S. quantum funding awards Quantum computing is the latest U.S. government equity bet

Source: Bloomberg, 4:30

格隆汇5月21日｜据央视财经，走进大连船坞，繁忙的施工场景印证着全球市场对中国造船实力的高度认可：中国拿下全球超九成的超大型油轮新船订单，订单已排到2030年。

SweetBunFactory/iStock via Getty Images Introduction ACM Research ( ACMR ) released Q1 results on May 7, and the segment composition shift tells us more about where the company is going than the revenue beat. ECP up 205% YoY. Cleaning down 5.5%. Advanced packaging up 62%. The mix rotation away from cleaning concentration that we have been waiting for since our May 2024 article is finally showing up in reported numbers. We started covering ACMR in October 2023 at $17 with a $32 target. And than in January 2024 we reiterated buy when stock was around $21, followed by “ The Road To $1B Revenue ” in May 2024 at $23 with a raised target of $44. Stock has compounded meaningfully since and reached a 52-week high of $71 in April 2026 before settling in the mid-$60s. What the May 7 result delivers, in our opinion, is the inflection in the new-product cycle that ACM has been investing in for the last 5 years. Revenue of $231.3 million beat consensus by $15 million, EPS of $0.34 beat by $0.14, on the back of explosive ECP growth and strong demand in advanced packaging. Stock rallied on the results and then moved lower as the market processed gross margin compression from 48.2% to 46.5%. We read the pullback as a buying opportunity, nothing else. We will walk through the Q1 results, the Planetary Family product portfolio launch, the SPM ramp, and an updated valuation. A Strong Q1 With New Product Catalysts What we look at first in a semi equipment earnings is the gap between shipments and revenue, since the gap tells us about FY+1. Q1 2026 shipments of $240.7 million (up 54% YoY) outpaced revenue of $231.3 million (up 34%) by roughly $9 million, and CFO McKechnie on the Q1 call was clear that shipment growth will continue to outpace revenue growth for the full year. This is, in our view, a leading indicator of FY27 revenue strength. Approximately 15% of Q1 shipments were catch-up from tools rescheduled from Q4 2025, but even adjusting for that, underlying shipment momentum is a...