MAYFIELD VILLAGE, OHIO, May 20, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended April 30, 2026: April (millions, except per share amounts and ratios; unaudited) 2026 2025 Change Net premiums written $ 7,278 $ 6,837 6 % Net premiums earned $ 7,112 $ 6,641 7 % Net income $ 1,087 $ 986 10 % Per share available to common shareholders $ 1.86 $ 1.68 11 % Total pretax net realized gains (losses) on securities $ 402 $ (3 ) NM Combined ratio 90.2 84.9 5.3 pts. Average diluted equivalent common shares 585.3 587.7 0 % NM = Not Meaningful April 30, (thousands; unaudited) 2026 2025 % Change Policies in Force Personal Lines Agency – auto 11,108 10,246 8 Direct – auto 16,645 14,938 11 Special lines 7,168 6,705 7 Property 3,639 3,590 1 Total Personal Lines 38,560 35,479 9 Commercial Lines 1,207 1,174 3 Total 39,767 36,653 8 See Progressive’s complete monthly earnings release for additional information. About Progressive Progressive Insurance® makes it easy to understand, buy and use car insurance , home insurance , and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com , by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent. Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle , and boat insurance, and one of the top 15 homeowners insurance carriers. Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®. The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR. Company Contact: Julianna Pate...

本港計劃修例規管夾公仔機，澳門有戒賭輔導機構亦關注這些「類賭博遊戲」，呼籲家長及早留意年輕人玩遊戲時的心態。 夾公仔機、抽盲盒、扭蛋等受到年輕人歡迎，但這些「類賭博遊戲」的「娛樂」和「博彩」界線模糊，年輕人是否分辨到呢？ 澳門學生劉同學稱：「可能是博彩成分(較多)，因為會令你很想得到該奬品，就會覺得為甚麼這次又不可以呢？就會繼續玩下去。」 澳門學生周同學指出：「我覺得是一半半，我覺得主要取決於自己的心態。如果你花費太多錢(在這些遊戲)，可能就會有危險性。」 澳門有戒賭輔導機構以扭蛋、夾公仔等為主題製作繪本，呼籲家長及早察覺年輕人玩遊戲時的心態。 聖公會24小時賭博輔導熱線及網上輔導主任劉美怡表示：「重點是玩的過程中，有沒有陪小朋友一起經歷？只是給他一籃錢，他自己入錢自己玩、自己去理解的話，就很容易出事。」 機構目前在港澳和內地，是唯一提供24小時的戒賭輔導。近年求助個案中，有八成是內地旅客，亦多了內地年輕人求助。 劉美怡說：「多了很多內地年輕人來澳門追星，在他們追星期間會接觸到賭博，他們會覺得門票二、三千元很貴，賭博會否幫我贏回門票？又或者覺得很有趣，內地沒有，金碧輝煌。我們有大約七至八成(澳門)居民已聽過『負責任博彩』，打了預防針，不像內地未必有這概念。」 「負責任博彩」是指在一個適度監督的環境下，將賭博行為對個人、家庭及社會造成的負面影響或危害減至最低。機構近期亦推出針對年輕旅客的「負責任博彩」宣傳。 澳門政府早前表示，澳門居民的博彩參與率創歷史新低，對「負責任博彩」的認知率也大幅調升，未來會進一步加強市民和高風險人群對賭博失調的認知和支援。

JHVEPhoto/iStock Editorial via Getty Images Introduction Celestica ( CLS ) is yet another winner of the current AI Boom as the stock gained over 200% over the past year, as the firm is the cleanest pure play on hyperscaler custom networking and AI rack-scale integration. It also has a great operating story, and as I’ve been going through the last round of winners in the current AI industry, I want to dive into the firm and assess if it can garner a buy rating. Current Dynamics I’ll quickly go through the latest batch of earnings , as it was genuinely good, with revenue growth reaching $4.05B, an impressive 52.8% Y/Y growth rate, while Q1 non-GAAP EPS came out to $2.16, a slight beat of 8 cents. Adj. Operating margin hit a record 8%, pushing management to raise its 2026 revenue guidance by $2B to reach $19B, and apparently, visibility into 2027 is the strongest. Adj. EPS is also set to reach $10.15 for the year, up from the previous outlook of $8.75. So, the question is basically how did CLS go from the sleepy 5x EBITDA Canadian contract manufacturer it was for 2 decades to now being at the forefront of hyperscaler networking? First, Connectivity & Cloud Solutions now represents 80% of revenue, up from 55% in 2022, with HPS, the higher margin side, now at 42% of total revenue in the first quarter, up 63% Y/Y. Though a trend to note would be that hyperscalers are now 77% of CCS revenue for the year, up from 51% in 2022, as CLS is designing and manufacturing 800G networking switches, 1.6T platforms, and full AI rack-scale systems, which was initially a business side that belonged to CISCO and Arista, not EMS. Furthermore, CLS has struck a strategic partnership with AMD ( AMD ) for Helios, as well as won contracts with Google ( GOOG ), which gives exposure to 2 of the most aggressive AI infrastructure roadmaps. The AMD collaboration on rack-scale AI platforms is exactly the kind of design-integrator positioning that justifies a higher multiple than legacy EMS. This brin...

"While it might seem like a great idea for getting your supplies to the festival, it just isn't safe or possible to bring them on board train services.

個人資料私隱專員公署發現，有九成半受審查的機構，在日常營運中都有使用人工智能(AI)，按年增加一成半，反映應用人工智能越趨普及。 私隱專員公署一月展開新一輪循規審查，以了解人工智能在本港的最新應用情況。當中涵蓋60間機構，除了以往曾審查的銀行、美容及醫療等行業外，今年新增會計、餐飲、物流及物業管理。 結果顯示九成半機構，在日常營運中使用人工智能，比去年上升百分之15，反映人工智能在不同行業的應用越趨普及。近八成機構已使用逾一年。當中逾一半，使用三個或以上的人工智能系統，主要用於行政支援、客戶服務、研發等。 有使用人工智能的機構當中，四成二會透過人工智能系統收集或使用個人資料。這些機構均有採取保安措施，及向資料當事人，提供「收集個人資料聲明」。有近三成的機構，會將收集到的個人資料，保留在系統中。 個人資料私隱專員鍾麗玲稱：「至於餘下的七成機構，就算他們保留個人資料，他們亦訂明了資料保留期限，及有政策指達到目的後，就會刪除相關個人資料。」 署方又稱審查發現大部分機構，決策過程中保留人手操作的控制權，不會讓人工智能執行所有決定，以減少出錯或作出不當決定。

Key Points SPDR Gold Shares provides exposure to physical gold price movements, while State Street SPDR S&P 500 ETF Trust tracks a broad basket of large-cap U.S. stocks. SPDR Gold Shares offers a lower beta and has historically shown a shallower maximum drawdown over five years compared to State Street SPDR S&P 500 ETF Trust. State Street SPDR S&P 500 ETF Trust carries a lower expense ratio and pays a regular dividend, whereas SPDR Gold Shares has a higher cost and generates no income. 10 stocks we like better than SPDR Gold Shares › Investors often view gold as a hedge against equity market volatility. While the broad-market State Street SPDR S&P 500 ETF Trust (NYSEMKT:SPY) represents the core of many portfolios by tracking the 500 largest U.S. companies, SPDR Gold Shares (NYSEMKT:GLD) offers a low-correlation alternative to equities, providing higher recent returns and lower volatility focuses solely on the price of gold bullion. This comparison examines how these two heavyweights differ in cost, risk, and portfolio role. Snapshot (cost & size) Metric SPY GLD Issuer SPDR SPDR Expense ratio 0.09% 0.4% 1-yr return (as of 5/18/26) 25.7% 42.2% Dividend yield 0.96% None Beta 1 0.16 AUM $762 billion $151 billion The SPDR trust is the more affordable option, featuring an expense ratio of 0.09% versus 0.4% for GLD. Because the equity fund holds dividend-paying companies, it provides a 1% yield, whereas the gold fund provides no income payout. Performance & risk comparison Metric SPY GLD Max drawdown (5 yr) (24.5%) (22%) Growth of $1,000 over 5 years (total return) $1,925 $2,389 What's inside SPDR Gold Shares tracks the price of physical gold bullion by holding the asset in secure vaults. Because it is backed by a physical commodity, its portfolio concentrates 100% of its weight in physical gold bullion rather than shares of various companies. This fund, which was launched in 2004, does not provide a trailing-12-month dividend because it does not hold income-generating sec...

Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sign up here . India’s central bank will inject liquidity to the equivalent of $5 billion via a swap auction, it said in a statement. The buy/sell swap auction on May 26 will be for a tenor of three years, the Reserve Bank of India said.

2026年5月，国务院常务会议扔出一个重磅消息。 会议定调新基建"六网"——水网、新型电网、算力网、新一代通信网、城市地下管网、物流网。六个名字排在一起，像一份再普通不过的文件清单。但如果仔细看， 会发现一个从未出现过的名字：算力网。 水网是给城市供水的，电网是给工厂送电的。这两个网在中国经济建设中的地位，用"命脉"形容毫不夸张，而现在，算力网跟它们坐在了同一张桌子上。 中国搞了几十年基建，公路、铁路、机场……重要工程多了去了。但仔细看这次国务院的会议， 算力网应该是头一个被提升到跟水网、电网同等重要的级别的新基建，其重要程度不言而喻。 这意味着国家的战略判断：AI对未来的重要性，等同于水对民生、电对工业的重要性。意味着算力不再是可选项，而是必选项，将来没有算力可用的企业在竞争力上会大打折扣。 为什么说这个算力网新基建的推进已经到了时不我待的处境？ 需求端的数据最能说明问题。 比如日均Token调用量，2024年初只有1000亿；到2026年3月飙到140万亿。两年时间，增长超过一千倍。（数据来源：国家算力调度平台2026年3月监测报告） 这个数字意味着AI正在以我们难以想象的速度，快速融入到社会各个环节，并且在相当长的一段时间内，将处于算力需求爆发式增长的时期。 01 先把时间拨回2022年。 那年8月， 国家启动"东数西算"工程，要在西部建设算力枢纽，把东部的数据拉到西部去运算 ，消息一出，不少人还看不明白。 为什么要把数据中心建在甘肃、宁夏、贵州这种地方？西部没产业、没人才、没市场，在那儿建机房不是白烧钱吗？东部明明有更好的基础设施，为什么要多此一举？ 互联网公司都喜欢把服务器放在北上广深，离用户近、延迟低、人才多、配套全。跑到大西北去，图什么？ 答案其实很简单，图省钱。 例如宁夏中卫市的电价只有东部的45%，绿电占比超过90%。这个数字意味着什么？意味着每跑100块算力，中卫的成本可能是东部的十分之一都不到。西部看似劣势，实则有大量优势：土地便宜、电价便宜、气候冷凉适合散热、最重要的是可再生能源充沛。 凭借风电和光伏优势，甘肃庆阳市智算规模从零起步做到了超9万P——这个数字现在是全国名列前茅。 一个西北五线城市，硬生生挤进了全国算力的第一梯队。 到了2025年再回头看，一切都清楚了。 东数西算工程在全国布局了8大算力枢纽节点——京津冀、长三角、粤港澳大湾区、...

By Marie Mannes STOCKHOLM, May 20 (Reuters) - Tesla said on X on Wednesday ‌that its Full Self-Driving (Supervised) driver assistance ‌software was being rolled out in Lithuania, the ​second country in Europe to do so after Dutch approval last month. • Dutch regulator RDW is seeking EU-wide acceptance, but other member ‌states can ⁠recognise the Dutch approval and allow the system to be deployed. • ⁠The Lithuanian Transport Safety Administration confirmed Lithuania has recognised the Dutch certification. • Belgium ​was expected ​to be the ​first country to ‌follow the Dutch as an authorisation process had started in the Flanders region where one Tesla car is testing FSD on roads. • The Greek transport ministry said ‌on Wednesday it had ​an upcoming bill granting ​the same ​type of approval as the ‌Dutch. • Dutch RDW tested ​the system ​for over 1 1/2 years on a test track and on public roads ​before granting ‌approval. (Reporting by Marie Mannes in Stockholm ​and Angeliki Koutantou in Athens, ​Editing by Bernadette Baum)

It happened, as most of the best fashion moments do these days, at Cannes. I’m not talking about Demi Moore wearing a pink bow the size of a dog, or Jane Fonda sparkling in Gucci to the point of blindness, but John Travolta, of all people, who appeared at the festival this week to debut a new film and a new look, the centrepiece of which was a beret. He actually had three in rotation, in black, brown and cream. On the seafront boulevard La Croisette, he paired them with wire-frame spectacles and a beard that appeared to have been applied with a felt-tip pen. A beret, beard and specs you say? Hardly a radical glow up for a 72-year-old celebrity. But that didn’t stop images of Travolta from going viral, sparking some lively online conversations comparing him to – in no order – a barista, a Bond villain and a character from Guess Who?. Happily, the man himself was delighted to reveal his inspiration in a charming interview with CNN. Since he was marking his first foray into directing, Travolta had decided to dress like film directors from the past. “You’re an actor,” he had told himself, scrolling through images of Ingmar Bergman and Roberto Rossellini in similar getup. “Play the part of a director.” In other words: manifest. View image in fullscreen Swedish director Ingmar Bergman wearing a beret in 1957. Photograph: SCANPIX/AP Travolta’s admission had a spectacular effect in softening the hot takes. He had simply dressed for the part he wanted, or at least wanted to be known for. And however absurd his outfits were – particularly when he was waving his honorary Palme d’Or around – there was a small part of me, and perhaps all of us, that felt incredibly seen. Who among us has not used clothes to try to shift an outcome? Perhaps as a way of signalling an attempted career change, or to forge a new identity after a breakup. Or in my case, to partly defang the industry I work in – fashion – by wearing Birkenstocks (though it helps that they’re comfy too). However you fee...

AllianceBernstein is backing German global tank parts and transmissions maker Renk as a standout opportunity amid a sharp retreat in European defense stocks. Marcus Morris-Eyton, a portfolio manager at AllianceBernstein, said the sector's recent selloff has created more attractive entry points into long-term military spending themes. European defense names were among the key winners in 2025. The Stoxx Europe Total Market Aerospace and Defense Index closed the year up 56.5%, boosted by the commitment by NATO members to increase their defense spending to 5% of GDP. But investor excitement around the continent's defense "mega-trend" has since soured, with some names off between 20% and 30% from last year's highs. "You've seen growing investor questions around the execution risk of that growing defense spending," Morris-Eyton told CNBC's "Squawk Box Europe" on Wednesday. Defense and national security remain a cornerstone of Germany's landmark fiscal expansion, with Berlin pledging to ramp up military spending to at least 1% of its total GDP. Yet "inevitable" budget delays and "procurement bureaucracy" have hindered the progress of defense contracts there, Morris-Eyton said. As a result, certain German defense stocks that traded on "mid-to-high 30s" P/E multiples have reversed course and are now in the low-20s, he explained. That's now throwing up attractive individual trades within the sector. "The market probably became a bit overheated, and now I think we're at a more interesting level." R3NK-DE YTD mountain Renk AG. Morris-Eyton highlighted Renk as a key portfolio pick. The Bavarian defense mainstay, which manufactures engines, gearboxes and other specialist parts for tanks, naval vessels and other combat vehicles, is the "the global market leader for tank transmissions", he said. That chimes with AllianceBernstein's preference for longer-cycle defense plays. "The beauty of that business model is that it's very aftermarket-centric — once you sell the transmission you...

Roivant Sciences Ltd. (ROIV) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8%. A quarter ago, it was expected that this company would post a loss of $0.27 per share when it actually produced a loss of $0.21, delivering a surprise of 22.22%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Montes Archimedes Acquisition , which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $28.93 million for the quarter ended March 2024, missing the Zacks Consensus Estimate by 10.86%. This compares to year-ago revenues of $27.38 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Montes Archimedes Acquisition shares have lost about 4.5% since the beginning of the year versus the S&P 500's gain of 10.4%. What's Next for Montes Archimedes Acquisition? While Montes Archimedes Acquisition has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive ...

Ryanjlane | E+ | Getty Images President Donald Trump is changing the way Americans can save through the creation of new investment accounts . Soon-to-launch Trump Accounts will provide an initial $1,000 deposit to U.S. children who have a Social Security number and who were born between 2025 and 2028. By the time those children turn 18, those accounts could reach "at least $50,000 in value," Trump has said , while additional contributions could bring those balances even higher. Trump also recently signed an executive order to create a new website, TrumpIRA.gov, to enable adult workers without employer-sponsored plans to set aside money for retirement. Social Security faces a looming projected depletion date that may trigger benefit cuts . Sen. Ted Cruz, R-Texas, recently said the new Trump Accounts for children could serve as a model for the more than 90-year-old benefits program. Sen. Ted Cruz, R-Texas, speaks during a news conference at the U.S. Capitol on May 9, 2024 in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images "Conservatives in America for 50 years have been trying to do that — have been trying to do Social Security personal accounts," Cruz said on May 4 at the Milken Institute Global Conference, according to a written transcript . "Here's the dirty little secret. Trump Accounts are Social Security personal accounts." Those account balances, which Cruz said may climb into the millions with regular contributions over the decades from childhood, "will become Social Security personal accounts." The idea of creating personal Social Security accounts was pitched by President George W. Bush in 2004 and 2005. The plan, which called for allowing younger workers to voluntarily put a portion of their payroll taxes, failed due to a lack of public support. In response to Cruz's recent comments, Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare, an advocacy group, said in a statement that "the people...

Analog Devices (ADI) came out with quarterly earnings of $3.09 per share, beating the Zacks Consensus Estimate of $2.89 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.81%. A quarter ago, it was expected that this semiconductor maker would post earnings of $2.3 per share when it actually produced earnings of $2.46, delivering a surprise of +6.96%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Analog Devices, which belongs to the Zacks Semiconductor - Analog and Mixed industry, posted revenues of $3.62 billion for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 3.14%. This compares to year-ago revenues of $2.64 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Analog Devices shares have added about 52.8% since the beginning of the year versus the S&P 500's gain of 7.4%. What's Next for Analog Devices? While Analog Devices has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earn...

GDS Holdings (GDS) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of a loss of $0.22 per share. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 318.18%. A quarter ago, it was expected that this company would post a loss of $0.27 per share when it actually produced a loss of $0.10, delivering a surprise of 62.96%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. GDS Holdings , which belongs to the Zacks Technology Services industry, posted revenues of $375.26 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.20%. This compares to year-ago revenues of $363.89 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. GDS Holdings shares have added about 14% since the beginning of the year versus the S&P 500's gain of 1.4%. What's Next for GDS Holdings? While GDS Holdings has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ah...

Meta Platforms has struggled since the summer. Is the social-media giant getting left behind? The first pattern on today’s chart is the series of lower highs since August. That could be viewed as a downtrend. Second, the slide contrasts with the broader S&P 500 breaking out to new highs. That may suggest that sellers outnumber buyers. Third, META has failed to recover after dropping on its last quarterly report. The resulting bearish gap could be viewed as resistance. Fourth, the 50-day simple moving average (SMA) is below the 100-day SMA. Both are under the 200-day SMA. All three are falling. Those signals may reflect a longer-term downtrend. Fifth, the 8-day exponential moving average (EMA) is under the 21-day EMA. MACD is also falling. Those signals may reflect short-term weakness. Next, traders could look for a retest of the March 27 low at $520.26. Finally, META is an active underlier in the options market. (Its average daily volume of 580,000 contracts ranks ninth in the S&P 500, according to TradeStation data.) That could help traders take positions with calls and puts. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. Learn more here about TradingView’s Broker of the Year! Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and exe...

POSCO Holdings Inc. PKX recently announced that it has secured a stake in a top-tier Australian lithium mine to strengthen its rechargeable battery lithium supply chain. The company signed a lithium mine investment agreement worth about $765 million (KRW 1.1 trillion) with Australian mining company Mineral Resources in Perth, Australia. Under the deal, POSCO Holdings will form a new intermediate holding company with Mineral Resources and acquire a 30% stake in the venture. The agreement provides POSCO Holdings long-term access to lithium concentrate from the Wodgina and Mt. Marion mines in Western Australia, both regarded as globally competitive hard-rock lithium assets. Wodgina is among the world’s top five lithium mines, with around 6.2 million tons of lithium carbonate equivalent reserves and high concentrate grades, while Mt. Marion has roughly 2.2 million tons of reserves and established production operations. Through the contract, POSCO Holdings secured rights to 30% of the lithium concentrate produced by the joint venture, LithiumCo. Per PKX, the partnership combines Mineral Resources’ mining expertise with POSCO Holdings’ downstream processing capabilities. It will help strengthen and stabilize the global battery materials supply chain while deepening the companies’ long-term collaboration in the lithium market. POSCO added that the Australian lithium investment, along with its recent lithium salt lake acquisitions in Argentina, supports its strategy of securing high-quality global resources. It will expand raw-material self-sufficiency and strengthen competitiveness in the global rechargeable-battery materials market. Shares of PKX have gained 70.7% in the past year against the industry’s 7.5% decline. Image Source: Zacks Investment Research PKX Zacks Rank & Key Picks PKX currently carries a Zacks Rank #5 (Strong Sell). Some better-ranked stocks in the Conglomerates space are ITT Inc. ITT, Mitsui & Co., Ltd. MITSY and Sumitomo Corporation SSUMY. ITT, MITSY ...

立新能源公告，公司于2026年5月20日收到深圳证券交易所出具的《关于新疆立新能源股份有限公司申请向特定对象发行股票的审核意见告知函》。深交所发行上市审核机构对公司向特定对象发行股票的申请文件进行了审核，认为公司符合发行条件、上市条件和信息披露要求，后续深交所将按规定报中国证券监督管理委员会履行相关注册程序。公司本次向特定对象发行股票事项尚需获得中国证监会同意注册后方可实施。

韩国外交部20日说，被困在波斯湾的一艘韩国油轮当天通过霍尔木兹海峡，踏上回国之路。据韩国媒体报道，这是伊朗战事爆发以来首艘穿越霍尔木兹海峡的韩国船只。 韩国外交部长官赵显当天在韩国国会说，韩方与伊朗政府进行协商后，这艘运载约200万桶原油的油轮19日从波斯湾启航，目前正“非常谨慎地”通过霍尔木兹海峡。韩联社当天晚些时候援引韩国外交部消息报道，这艘油轮已通过霍尔木兹海峡。 (新华社) 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。

文章提及标的 *ST宝馨 -- 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。

The S&P 500 is set to snap a three-day losing streak as Trump's comments on the Iran war ease energy prices

(RTTNews) - Modestly higher Canadian and U.S. futures, amid some hopes for a potential U.S.-Iran peace deal point to a positive start for Canadian stocks on Wednesday. Oil prices dropped after U.S. President Donald Trump said the war with Iran will end "very quickly." Although a positive start is on the cards, the mood in the market may turn a bit cautious with investors awaiting crucial earnings updates next week. Canadian stocks ended weak on Tuesday after fluctuating over the course of the trading session. The choppy trading came as U.S. President Donald Trump halted a planned military attack on Iran but observed that strikes could commence soon if Iran fails to strike a deal. The benchmark S&P/TSX Composite Index bounced back and forth across the unchanged line as the day progressed before settling at 33,741.24, down by 92.11 points or 0.27%. Asian stocks settled lower on Wednesday as Hormuz concerns and higher bond yields raised concerns about inflation, interest rates and economic growth. Investors also awaited Nvidia's upcoming earnings and forward guidance for fresh clues on the strength of artificial intelligence-driven demand. European stocks are modestly higher with investors digesting regional economic data and focusing on geopolitical developments. In commodities, West Texas Intermediate Crude oil futures are up $1.63 or 1.57% at $102.52 a barrel. Gold futures are down $10.60 or 0.24% at $4,500.60 an ounce, while Silver futures are gaining $0.896 or 1.19% at $76.055 an ounce. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The big takeaway on Taiwan Semi, Google is updating search for AI era, Toll Brothers earnings show luxury homes are selling, and more news to start your day.

ArcelorMittal S.A. MT recently announced that it has unlocked value from its investment in Vallourec SA through a partial sell-down of its shareholding, with proceeds being allocated toward share buybacks. The company sold around 23.9 million Vallourec shares, representing roughly 10% of Vallourec’s outstanding share capital, at €24 per share, generating gross proceeds of roughly $667 million (€573 million). Settlement is expected to occur on or around May 21, 2026. ArcelorMittal will retain an approximately 17.3% stake in Vallourec and continue to hold a board seat, reflecting its ongoing strategic interest in the company. ArcelorMittal had originally acquired a 28.4% stake in Vallourec in 2024 from funds managed by Apollo Global Management, Inc. at €14.64 per share. Per MT, the proceeds will be directed toward ongoing share repurchase programs as part of its shareholder return strategy. The company emphasized that the transaction demonstrates disciplined capital allocation by monetizing a successful investment while continuing to support Vallourec’s long-term growth prospects in premium tubular products and energy-transition-related applications. Shares of MT popped 90.1% in the past year compared with the industry’s 76.1% rise. Image Source: Zacks Investment Research MT’s Zacks Rank & Key Picks MT currently carries a Zacks Rank of #3 (Hold). Some better-ranked stocks in the Basic Materials space are Nucor Corporation NUE, L.B. Foster Company FSTR and Albemarle Corporation ALB. NUE, FSTR and ALB sport a Zacks Rank of #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for NUE’s current-year earnings stands at $14.58 per share, implying an 89.1% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the average surprise being 8.1%. The Zacks Consensus Estimate for FSTR’s current-year earnings is pegged at $1.74 per share, implyi...

A consortium of European companies will bid on a €10 billion ($11.6 billion) project to build a major data center campus in France as part of a European Union effort to boost artificial intelligence infrastructure on the continent. The wider group, called AION, includes telecommunications firms Iliad SA and Orange SA , private equity firm Ardian , energy supplier Electricite de France SA and data center operator Scaleway among others, AION said in a statement on Wednesday. “In the end, the total financing need could go beyond €10 billion,” Benoit Gaillochet , head of infrastructure Europe for Ardian, said at a press conference in Paris. The European Commission last year announced it would contribute funding for five large data centers on the continent to develop AI models. The EU has identified developing computing resources as a political priority, in a bid to lessen the bloc’s reliance on US tech. But the scale of planned infrastructure projects is smaller than in other regions and, outside of French AI company Mistral AI, few firms are developing popular models.

M. Suhail/iStock Editorial via Getty Images Tapestry ( TPR ) reported better than anticipated results for the most recent quarter, with revenue growing 23% year-over-year, and EPS increasing by as much as 62%. There is a lot to like about these results, but I am still not convinced that TPS's stock is an attractive investment opportunity at the current price levels. The firm's valuation, the current consumer sentiment, the uncertainty related to the Kate Spade turnaround strategy, as well as the firm's relatively high debt levels compared to the cash position are all concerning. For these reasons, I believe that my previously established hold rating is still justified. The aim of my writing today is to give you a bit more context around these topics, using the company's most recent earnings report . What I like Today, in the current macroeconomic environment, delivering a 23% revenue growth with expanding margins is exceptional, in my view. This revenue growth has been also broad-based geographically, meaning at all but one segment (Japan) posted double digit growth. New customer acquisitions and increased consumer spend were some of the key reasons for the growth. I have to point out that the Greater China segment - which is actually the second largest segment by revenue, grew as much as 55% YoY. Highlights (Tapestry) Revenue by Geography (Tapestry) So I definitely like that the firm's growth is global and driven by strong demand. When we break down the revenue by brand, the picture looks at a bit different though. It is clear that they key driver of the revenue growth is the Coach brand. This is the company's flagship brand accounting for 90% of the sales and it also have better profitability metrics. Kate Spade has been lagging Coach significantly, and in the most recent quarter sales declined by as much as 11% compared to the prior year. Normally, if I see something like this, I do not like it. But if we put it into context, and discuss why the revenue decline i...

格隆汇5月20日｜据晶科能源消息，近日，中国华能集团6GW年度框架中标结果已正式公布，晶科能源凭借飞虎3高效组件优异的产品性能、成熟的规模化交付体系，成功中标全部标段。

永泰运公告，持股5%以上股东王巧玲计划在本公告披露之日起15个交易日后的3个月内，通过集中竞价或大宗交易方式减持不超过297.93万股，占剔除公司回购专用证券账户股份后总股本比例3.00%。其目前持有公司600万股，占公司总股本5.78%，占剔除公司回购专用证券账户股份后总股本6.04%。减持期限为2026年6月12日至2026年9月11日，价格按市场价格及交易方式确定。

格隆汇5月20日｜阿布扎比国家石油公司首席执行官：霍尔木兹海峡的关闭是有史以来最严重的供应中断。

格隆汇5月20日｜亚马逊创始人贝索斯：目前美国低薪人群的税负过重。讨论我们是否希望拥有更具进步性的税制是“完全合理的政策辩论”。对富人的妖魔化是一种“转移视线”的行为。别假装对富人征收更高的税就能解决问题。