卢拉在记者会上强调，他已向特朗普明确表示，巴西的稀土资源，对中国及任何愿意在巴西境内投资和加工相关矿产的国家开放 【财新网】 在多次隔空言语交锋后，当地时间5月7日，美国总统特朗普在白宫与到访的巴西总统卢拉进行了时长约三小时的会谈，比原定时间超出逾一小时。双方在会后公开互致赞誉。 这两位领导人被视为当前最具代表性的民粹主义政治人物，均通过对抗既有精英阶层而在本国拥有忠实拥趸，但二人在意识形态上存在明显分歧，也曾在关税问题、委内瑞拉和古巴主权等议题上产生龃龉。 过去一年多来，美巴关系一度紧张。卢拉曾宣称特朗普为“不受欢迎的皇帝”，特朗普则指控卢拉当局对巴西右翼前总统博索纳罗进行“政治猎巫”。

苹果的第一款 AI 穿戴产品，将是 AirPods。 根据彭博社爆料，苹果内置摄像头的新款 AirPods 开发已经进入了开发最后阶段，设计进入最终版本，苹果很可能将其视作首款「为 AI 时代设计」的穿戴设备。 但事情没那么简单：有供应链人士向爱范儿透露，这个产品的开发计划目前已经暂停，产品距离上市仍有变数。 耳机为什么要长眼睛？ 这款新耳机将基于 AirPods Pro 3 打造，耳机柄会因为容纳摄像头而更长，或将定名为「AirPods Ultra」，最快有望于今年年底发布。 AirPods Ultra 示意图 这个摄像头将会配备在左右两边的耳塞，分辨率很低，不能用来拍照或者录像， 本质上就是Siri 的「眼睛」。 配备低分辨率摄像头的好处很多。 首先，不少多模态模型理解图片，不是逐像素理解，本身也会将高清图进行压缩，理解画面的大体信息而不是细节，因此并没有必要配备足够高清的摄像头。 低分辨率摄像头功耗低，信息传输速度快，非常适合耳机这种相当小型化的产品，也能一定程度避免高清摄像头带来的隐私争议。 给 Siri 加一个摄像头的理念，其实类似 AI 眼镜，目的就是为了给 AI 助手提供更丰富的用户情景上下文，增强生成的结果。 Ray-Ban Meta 除了类似目前 iPhone 上的「Visual Intelligence」的识图功能，预计在 AirPods 加持下，AI Siri 能实现更沉浸式的 AI 助手体验。 比如打开冰箱门，面对玲琅满目的食材，可以直接对 AirPods Ultra 说一句「Siri 我今晚可以做什么菜？」，Siri 就能给你推送一个菜谱——大概率会用 iPhone 来呈现。 苹果一直在研究这个 AI 摄像头的其他用途，或许还会有更「主动」的能力，Siri 会进行持续的静默观察，然后根据用户的画面，主动提醒用户，例如做饭的时候主动提醒用户什么时候该关小火以及出锅，又或者在导航时帮用户看路，根据实际的街景，提供更细致的导航。 图片由 AI 生成 和早期预测不一样的是，AirPods Ultra 的摄像头将不支持手势控制识别，未来苹果推出的智能眼镜也没有这种计划。 作为一家对用户隐私保护极其重视的公司，苹果也希望能减少用户对 AirPods 摄像头的担忧，苹果目前的做法是在耳机塞入一个 LED 指示灯，当视觉信息传输云端时亮起，提醒外界 Air...

受隔夜中东局势突变及美股芯片板块分化的影响，三大指数今日全线低开。 截至收盘，A股主要指数均收绿，前期火热的市场似乎被浇了一盆冷水。 然而，指数层面冰冷，盘面却仍然火热。 全市场成交额依然维持在高水平（超3万亿），上涨个股也超过3000只。 这么看来，说熄火有点牵强，更像是一次剧烈分化和切换。 01 分化 今天的盘面，科技板块依然是最热门，但分化也已经出现。 首先要说的是， 芯片板块。 那个在五一前后带领指数冲关的“主心骨”，今日出现幅度不少的回调，寒武纪、华虹公司、海光信息等硬核科技股跌幅均超过4%。 这背后是内外因的共振： 外因方面，隔夜ARM、迈威尔科技的大跌对A股形成了情绪映射；内因则是节后芯片涨幅过大，技术面上出现超买，叠加上面喊话提示风险。 当然了，这到底是行情结束，还是一次“空中加油”，还不能过早下结论，需要看接下来几天的走势。 有跌的，也有升的。 涨幅比较亮眼的板块，是 机器人， 多只核心标的封板。 催化因素之一，是最新的产业落地新闻。 5月1日，特斯拉正式宣布Optimus Gen-3人形机器人启动量产，首批机型已在加州弗里蒙特工厂下线，单台售价4.9万美元，较原型机成本下降73%。 特斯拉还表示，将在二季度开始筹备首座大规模生产人形机器人的工厂，其中第一代机器人产线的设计年产能为100万台，将替代弗里蒙特原有的ModelS和ModelX产线；同时，得州超级工厂也在准备第二代产线，长期设计年产能高达1000万台。 除特斯拉外，其他头部企业同样在加速推进量产。 4月30日，Figure创始人布雷特·阿德科克在社交平台X发文称，过去120天里，Figure的生产效率扩大了24倍，从每天1台机器人提升到每小时1台，本周将生产55台人形机器人。 此外，宇树、智元、松延动力等厂商同步推进量产计划，预计年内出货量可达万台级；小鹏也宣布将于年底启动量产。 5月7日，宇树科技宣布全球首个人形机器人任务动作应用商店——UniStore正式全面开放，该平台于2025年12月首次发布，历经测试优化后正式上线。 用户无需编程即可像安装手机APP一样为机器人部署复杂动作，标志着人形机器人应用生态建设取得关键突破，产业由此迈入“智能机”时代。 值得注意的是，约70%的人形机器人供应链来自中国。 工信部统计，2026年前三月，我国具身智能产业投资额已超去年全年一半。 国际标准方...

Wedbush biggest bull on Apple with huge target price jump to $400 AppleInsider

Source: Bloomberg, 0:00

这个五一，文旅市场很忙，但忙的方式变了。 交通运输部发布数据显示，5天假期全社会跨区域人员流动量超15亿人次，历史新高。 多个沉寂已久的消费板块在这个假期集体回血。夜间文旅消费占到了全天的大半壁江山，电影票房冲破7亿，就连一直被唱衰的传统景区也重新排起了长队。 但真正值得关注的，从来不在繁荣数字本身，而在繁荣的裂缝里——那些旧秩序解释不了、老经验覆盖不到的新变化。 比如途牛的用户中，超过四成人选择在五一之前就出发了。木鸟民宿的平台上，“请4休9”的订单数比去年猛涨了六成以上。去哪儿的数据更直观：假期前后各三天的酒店预订量，都比平时明显蹿了一截。 这意味着什么？ 意味着那个全国人民在同一时刻涌向火车站、同一时刻挤在景区门口拍照、同一时刻在朋友圈哀号“人人人人人”的时代，正在松动。错峰出游不再只是美好幻想。 三条更深刻的结构性裂缝正在撕开旧的商业秩序。 第一条裂缝：时间和空间的“去中心化” 先说时间。 即便五一假期调整成五天，绝大多数人仍被困在高度集中的出行节奏里，由此催生了著名的“五一模式”： 第一天堵在路上，第二天堵在景区，第三天堵在返程路上，剩下两天在家躺平疗伤。 但今年，这个模式被打破了。 春假试点城市的家长们，拿到了一个优先权——时间差。综合各旅游平台预订数据显示，亲子家庭出游人次在整个假期中稳稳占到了一半以上。他们不用等到5月1日，可以在4月28日甚至更早就从容启程。 当人们的出发时间和返程时间被显著拉开，一个神奇的现象发生了：出游高峰不再是5月1日那一天的单点爆发，而是从4月28日绵延到5月4日，形成了一条长达一周的热度走廊。 这带来了什么？这不是简单的“错峰”两个字可以概括的。这是消费窗口期的结构性扩容——过去你只能在黄金周的尖峰上做5天生意，现在你有近10天的时间可以承接不同批次的客流。 再说空间。 今年五一，最风光的不是北京上海三亚这些老牌顶流，而是一批你平时可能连名字都叫不准的小城市。 四川泸州，酒店预订量同比增幅接近四倍。不是四成，是四倍。河南开封，民宿订单量翻了一倍还多。云南普洱、福建平潭、广西崇左、贵州荔波……这些县级和地市级目的地，增速全面碾压省会。 这是怎么发生的？ 一条隐秘的线索藏在小机场航线的版图扩张里。 去哪儿的数据显示，今年五一期间，首次购买机票并把目的地锁定在三线及以下城市的旅客数量，几乎比去年同期多出一倍。“人生第一张机票”飞...

“流行性出血热在我国维持低水平流行。”国家传染病医学中心、复旦大学附属华山医院感染科主任张文宏教授对第一财经记者表示。他还称，健康人感染后也可能引起重症。 据央视网5月8日消息，日前中国台北出现一例汉坦病毒致死病例，与老鼠携带病毒有关。这也引发了对汉坦病毒传播的担忧。 我国汉坦病毒的流行情况如何？5月8日，中国疾控中心发表科普文章称，可引起明确疾病的汉坦病毒有20多种，不同种病毒引起的临床表现差异显著，主要分为肾综合征出血热和汉坦病毒肺综合征。 本次疫情涉及的安第斯病毒，是一种致病率极高的汉坦病毒，可导致肺综合征引起的呼吸衰竭，死亡率达到30%至40%。在我国境内暂无安第斯病毒自然宿主分布，也无人类感染病例报告。 汉坦病毒感染在我国也被称作“流行性出血热”，表现为肾综合征。公开资料显示，流行性出血热在我国除青海和新疆外的全国各地均有病例报告。患者主要为男性青壮年农民和工人，但人群普遍易感。重症患者若未得到及时治疗可导致死亡。 中国疾控中心称，近年来，我国肾综合征出血热发病呈逐年下降的趋势。第一财经记者查询卫健委网站官方，疾病预防控制局公布的最近的信息来自2013年陕西的一项数据，显示2013年陕西全省共报告流行性出血热发病1441人，死亡7人，与2012年相比，发病人数下降了60%，病死人数下降了68%。 “流行性出血热在我国维持低水平流行。”国家传染病医学中心、复旦大学附属华山医院感染科主任张文宏教授对第一财经记者表示。他还称，健康人感染后也可能引起重症。 此次邮轮疫情暴发的汉坦病毒感染也引发了对病毒人传人的恐慌。目前，仅有安第斯病毒发生过人传人案例，并且仅限于密切接触者之间，例如在局部密闭空间中长期共同生活的情况。 在我国疾控中心传染病列表中，汉坦病毒与新冠、艾滋病病毒同属乙类传染病。中国疾控中心强调，汉坦病毒感染一般不引起人与人之间传播，日常社交、公共场所普通接触不会造成病毒传播。 另据外媒报道，在邮轮汉坦疫情暴发后，已有此前搭乘此班邮轮的乘客返回美国本土。美国疾病控制和预防中心已针对汉坦疫情启动“三级紧急响应”，这也是流行病响应体系中级别最低的一级。

Morsa Images/DigitalVision via Getty Images After recovering in the North American afternoon for the second consecutive session yesterday, the dollar has been sold again in Asia and Europe today. The market has mostly shrugged off news of new hostilities in the Middle East. As is often the case, the ceasefire has been frayed but appears to remain intact. Ostensibly, it runs until May 17. Late yesterday, a federal trade court issued a narrow ruling on 2-1 vote to grant a request by a group of small businesses and Washington state to stop the US from collecting the Section 122 tariffs. The focus shifts to the US jobs report. Ahead of the report, the Fed funds futures have about two basis points of tightening discounted for this year, down from nearly eight at the beginning of the week. Given the uncertainties surrounding the Middle East, the market may pare risk exposure before the weekend. The dollar is mostly softer, and the drubbing of the UK’s Labour Party and the surprising drop in German industrial output failed to have much market impact. Prices G10 • The euro traded firmly yesterday but was unable to extend Wednesday’s rally, which took it to almost $1.1800. For the second consecutive session, the euro was sold in the North American afternoon. Disappointed longs appeared to move to the sidelines and sent the euro back to around $1.1735. Despite new hostilities in the Middle East and an unexpected decline in German industrial output, the euro has risen steadily and is challenging the $1.1775 area in Europe. There are options for 1.77 bln euros at $1.18 and 1.57 bn euros at $1.1750 that expire today. • What appears to be two rounds of BOJ intervention (April 30 and May 6) succeeded in driving the dollar from around JPY160.70 to almost JPY155 on Wednesday. It held above JPY156 yesterday and set the session high near JPY156.65 in North America. The dollar reached almost JPY157 today, where options for $620 mln expire today. Some observers look at the Fed’s custody...

Megadrought: We Just Experienced The Driest First Three Months Of A Year In US History Authored by Michael Snyder via The Economic Collapse blog, January, February and March were insanely dry . In fact, in all of U.S. history conditions have never been so dry during the first three months of the year. Just think about that for a moment. Not even during the Dust Bowl days of the 1930s were conditions this dry. Many were hoping that 2026 would be the year when our multi-year drought would finally break. Needless to say, that hasn’t happened. Scientists are telling us that the southwestern U.S. is in the midst of the worst multi-year drought in at least 1,200 years. We really are experiencing a “megadrought”, and this is something that experts such as Steve Quayle and Dane Wigington have been talking about for a long time. Unfortunately, it appears that our seemingly endless “megadrought” has gone to an entirely new level in 2026. If it simply doesn’t rain, there is not much that farmers and ranchers can do. Right now approximately 63 percent of the continental United States is experiencing at least some level of drought, and the first quarter of this year was one for the record books … Winter wheat is dying in Kansas fields that should be green by now. Ranchers in New Mexico are selling cattle they cannot afford to feed. Reservoir levels along the Colorado River system are dropping weeks ahead of the season when mountain snowmelt is supposed to refill them. Across roughly 63% of the contiguous United States, drought rated moderate to exceptional on the federal scale has taken hold, and the first three months of 2026 were the driest the nation has recorded in 131 years of continuous measurement. This isn’t just a crisis. This is catastrophic. It appears that the winter wheat crop in the U.S. is going to be a disaster. At this stage, more than 81 percent of the Southern Plains is experiencing drought… Heading into the harvesting season for the key winter wheat crop, muc...

据报道，DeepSeek拟募资最高500亿元人民币，这将成为中国人工智能公司有史以来最大的一轮融资。（财联社）

DeepSeek计划募资最多500亿元人民币，计划于6月推出V4模型的更新。（The Information）

(RTTNews) - Plains All American Pipeline, L.P. (PAA) revealed a profit for first quarter that Drops, from last year

lcva2/iStock Editorial via Getty Images This is my first coverage of Microsoft Corporation ( MSFT ), and I must confess I was quite overwhelmed by the bullish sentiment on Seeking Alpha. Indeed, the Strong Buys from Wall Street and Quant reveal superb fundamentals, but if one looks closely, one sees a sudden change of heart, at least with respect to Quant. What was considered a Hold for the better part of three years has flipped, literally overnight, and is now a Strong Buy, with nary a change in the five grades but a significant 144bps bump in the score between May 4 and 5. Seeking Alpha For the life of me, I cannot understand this sudden bullishness. The Street, at least, has been more consistent, having a Strong Buy rating for MSFT since October 2023 . Seeking Alpha Moreover, the stock itself has loyally, if somewhat meanderingly, followed the path of the Street's ever-higher price targets, and while sell-side enthusiasm appears to be flagging in recent months, it is only because year-ago expectations may have been a little unrealistic. My own thesis for MSFT is that strong revenue growth rates that we saw in Q3 2026 reported late last month may not translate into superior capital appreciation in the medium term. Until the market can validate the company's $190 billion intended CapEx for CY 2026 and see tangible returns on these unheard-of investment amounts, I believe it will remain on the fence with regard to MSFT stock. I rate MSFT a Sell for now but this DOES NOT equate to fully liquidating one's position, only to trimming it to where the opportunity cost is minimal but there is still significant skin in the game. To be even more precise, I would recommend cutting down one's MSFT weighting to where it comfortably fits into the "high-risk, high reward" component of one's portfolio, with room for other, similar stocks such as NVDA. In stark contrast to my Strong Sell thesis on NVDA , this hesitance to award a Buy or even a Hold rating to MSFT is not based on th...

格隆汇5月8日｜据The Information，DeepSeek拟募资最高500亿元。

Check out the companies making the biggest moves premarket: Akamai Technologies — Shares surged 27% after the cybersecurity and cloud computing company said a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while its revenue came in line with expectations. CoreWeave — The cloud infrastructure company slid 7% as its second-quarter revenue guidance disappointed Wall Street. CoreWeave sees revenue ranging from $2.45 billion to $2.6 billion. The midpoint of $2.53 billion fell short of the $2.69 billion LSEG consensus call. Microchip Technology — The stock rose 3% after the company reported an earnings and revenue beat in its fiscal fourth-quarter earnings report. It also delivered better-than-expected guidance for the current quarter. Microchip sees revenue coming in between $1.44 billion to nearly $1.47 billion in its fiscal first quarter, compared to analysts polled by FactSet expectations for $1.34 billion. IREN Limited — Shares jumped more than 8% after the data center owner and operator announced a deal with chipmaker giant Nvidia to deploy up to five gigawatts of artificial intelligence infrastructure. Nvidia will also invest $2.1 billion in the company. Gen Digital — The software stock popped 6% after sharing current-quarter and full-year revenue guidance that exceeded analysts' expectations, per FactSet. Gen Digital also posted a fiscal fourth-quarter adjusted earnings and revenue beat. Upwork — Shares tumbled 23% after the company announced a restructuring plan that includes reducing its workforce by 24%. Upwork said it was doing this to make sure the company remains profitable as work evolves. It also reported first-quarter earnings and revenue that came in slightly lower than expected, according to StreetAccount. Trade Desk — The advertising technology stock plummeted almost 13% after Trade Desk reported current-quarter...

日本国立健康危机管理研究机构8日发布的数据显示，4月20日至26日，日本全国医疗机构共报告麻疹病例68例，今年以来已累计报告436例，而2025年全年共报告265例。 数据显示，去年同期日本全国累计报告病例仅96例。东京都今年已累计报告麻疹病例211例，占全国病例数的近一半，加上周边的神奈川、千叶和埼玉3个县，首都圈累计病例超过300例。 国立健康危机管理研究机构4月下旬就麻疹发生情况发布通告说，今年日本国内患者以10多岁至20多岁的青少年为主，而这部分患者中约半数没有接种完两针疫苗或者接种史不明。 过去10年中，日本麻疹病例最多的年份为2019年，达744例。 通告说，麻疹传染力极强，没有免疫的人暴露于病毒的话，超过90%会发病，严重的会出现肺炎、脑炎等症状。世界卫生组织2015年认定日本已消灭麻疹，即至少有3年未发现本土的麻疹病毒毒株。但2023年以来，全球范围麻疹病例报告数持续增加，病毒为海外来源的风险不断升高。 通告说，接种两剂疫苗是预防感染麻疹和发展成重症的最有效方法，前往麻疹可能流行的国家和地区之前要确认自己是否完成疫苗接种。出现发热、皮疹、咳嗽、结膜充血等疑似症状要和医疗机构联系后再前往就诊，如有海外旅行经历或病例接触史要告知医疗机构。(新华社)

Earnings Call Insights: ProFrac Holding Corp. (ACDC) Q1 2026 Management view "We're pleased to report that our first quarter results exceeded our expectations that we discussed in March." (Executive Chairman & President Matthew Wilks) He tied Q1 variability to weather, saying "harsh winter conditions... created some operational disruptions that resulted in approximately $9 million of adjusted EBITDA impact," and added that the market tightened as "activity accelerated... characterized by calendar tightening and a reduction in white space." (Executive Chairman & President Wilks) "We have successfully implemented price increases for the majority of our active fleet." (Executive Chairman & President Wilks) He said the increases "layer in throughout the latter half of the second quarter and into the back half of the year" and concluded, "Based on these factors, we expect Q2 to trend higher sequentially." (Executive Chairman & President Wilks) "In March, we delivered record efficiency performance with average pumping hours per active fleet exceeding 600 hours." (Chief Executive Officer Ladd Wilks) He highlighted a fleet that "recorded an exceptional 682 pumping hours in the Eagle Ford in March" and added, "We have sustained efficiency levels through April and into May." (CEO Wilks) "The first quarter presented some challenges" in proppant, and "operational challenges and unplanned downtime have negatively impacted utilization and sales into the second quarter." (CEO Wilks) He said, "As a result, we expect volumes to be down from the first quarter." (CEO Wilks) "In the first quarter, revenues were $450 million" and "we generated $54 million of adjusted EBITDA with an adjusted EBITDA margin of 11.9%." (Chief Financial Officer Austin Harbour) He also said "free cash flow was negative $25 million" and that the winter storm "resulted in an estimated $9.3 million reduction to consolidated adjusted EBITDA." (CFO Harbour) Outlook "These increases layer in throughout the latter h...

Array Digital Infrastructure press release ( AD ): Q1 GAAP EPS of $2.08 misses by $1.61 . Revenue of $52.01M (+92.8% Y/Y) misses by $2.02M . On January 13, 2026, Array closed on the sale of certain 3.45 GHz and 700 MHz wireless spectrum licenses for $1,018.0 million and recorded a book gain of $156.6 million ($117.5 million net of tax expense) during the first quarter of 2026. 2026 Estimated Results Array's current estimates of full-year 2026 results are shown below. Such estimates represent management's view as of May 8, 2026 and should not be assumed to be current as of any future date. Array undertakes no duty to update such estimates, whether as a result of new information, future events, or otherwise. There can be no assurance that final results will not differ materially from estimated results. 2026 Estimated Results Previous Current (Dollars in millions) Total operating revenues $200-$215 vs. $209.28M consensus Unchanged Adjusted OIBDA 1 (Non-GAAP) $50-$65 Unchanged Adjusted EBITDA 1 (Non-GAAP) $200-$215 Unchanged Capital expenditures $25-$35 Unchanged Click to enlarge Actual Results 2026 EstimatedResults Three Months Ended March 31, 2026 Year EndedDecember 31, 2025 (Dollars in millions) Net income from continuing operations (GAAP) N/A $180 $172 Add back: Income tax expense (benefit) N/A 52 (31) Income before income taxes (GAAP) $770-$785 $232 $141 Add back or deduct: Interest expense 45 7 28 Depreciation, amortization and accretion expense 50 13 48 EBITDA (Non-GAAP) 1 $865-$880 $252 $218 Add back or deduct: Expenses related to strategic alternatives review — — 2 Loss on impairment of licenses — — 48 (Gain) loss on asset disposals, net — 1 2 (Gain) loss on license sales and exchanges, net (590) (157) (6) Short-term imputed spectrum lease income (75) (34) (69) Adjusted EBITDA (Non-GAAP) 1 $200-$215 $62 $194 Deduct: Equity in earnings of unconsolidated entities 140 40 174 Interest and dividend income 10 4 19 Adjusted OIBDA (Non-GAAP) 1 $50-$65 $18 $1 Click to e...

Micron up 600%, SanDisk up 3,350%: which stock should you buy? Invezz

Stock futures climbed on Friday as top semiconductor stocks gained ahead of a payrolls report that’s expected to show a modest increase in hiring. Oil held steady as the Iran ceasefire appeared intact even with overnight clashes near the Strait of Hormuz. S&P 500 futures were up 0.5% as of 7:20 a.m. in New York, and Nasdaq 100 contracts added 0.7%. Heavyweight chips stocks Nvidia Corp. , Micron Technology Inc. and Qualcomm Inc. rose while Microchip Technology Inc. climbed 2.4% after earnings beat estimates. West Texas Intermediate crude oil was little changed at about $95 a barrel. “ US equities are rebounding so far this morning as the Iran ceasefire looks to be holding despite the exchange of fire on Thursday,” Vital Knowledge founder Adam Crisafulli wrote in a note. A federal trade court finding President Trump’s 10% global tariffs unlawful is also positive, he said. Equities investors may be looking through the Iran conflict, according to Goldman Sachs strategist Christian Mueller-Glissmann . “A lot of the clients we speak to do very little in terms of taking a view on that conflict,” he told Bloomberg Television. He also highlighted strong earnings. In earnings news, payments company Block Inc. climbed 8.0% on a rosier outlook after AI-driven job cuts. Akamai Technologies Inc. soared 25% as it raised the outlook for its Cloud Infrastructure Services business after announcing a deal with a leading frontier AI-model provider. AI data-center operator CoreWeave Inc. fell 7.2% after a disappointing forecast sparked concerns about slowing growth. Overall earnings trends and better investor sentiment prompted RBC to raise their rolling 12-month-forward price target for the S&P 500 to 7,900 from 7,750. Strategist Lori Calvasina sees “more upside potential as stocks climb the proverbial wall of worry.” Meantime, on the consumer front, Bank of America US economist Aditya Bhave warned that card spending growth per household “slowed sharply across most categories (besides ...

How has this affected you? Have you been able to make alternative plans? People could see their travel plans upended as airlines cancel or consolidate flights to conserve jet fuel as the war in the Middle East disrupts supplies. Airlines are reviewing their timetables to see which flights can be cancelled in advance and cause the least delays. Continue reading...

Earnings Call Insights: Sabre (SABR) Q1 2026 Management View "We are pleased with our first quarter performance as we delivered strong operating and financial results," said CEO Kurt Ekert, highlighting that "Revenue grew 8% and normalized adjusted EBITDA grew 21% year-on-year to $169 million." Ekert also said Sabre "achieved our highest rate of air distribution bookings growth in more than 2 years of 6%" and that "this growth materially outpaced the industry." Ekert tied the near-term setup to geopolitics and fuel, noting "approximately 11% of Sabre's air distribution bookings either originate in or transit through the Middle East region" and that "Taken together, we believe the combination of these impacts resulted in an approximate 7 percentage point headwind to total air distribution bookings in the month of March." He added, "Overall, air distribution bookings in March were roughly flat," and said April trends "continued." On strategy and product, Ekert said, "Sabre is a cloud-native platform and is a true super aggregator," and argued partners are "building on us, not around us." He cited new AI commercialization, including: "We have recently gone live with our ChatGPT OpenAI plug-in for Virgin Australia" and "launched the first phase of our MindTrip and PayPal partnership with Sabre providing the core air booking layer," adding, "Demand for our agentic APIs and MCP server is strong, with well over 30 potential partners in various stages of pilot or production." CFO Michael Randolfi said, "Our first quarter financial results were solid and came in ahead of the guidance we provided on our fourth quarter call," and reaffirmed, "we are reaffirming our full year guidance for pro forma adjusted EBITDA and free cash flow." Randolfi reported Q1 total revenue of $760 million and said normalized adjusted EBITDA was $169 million; he also said free cash flow was "negative $155 million" and that the company ended the quarter with "a cash balance of $665 million." Outlook ...

Earnings Call Insights: Grove Collaborative Holdings, Inc. (GROV) Q1 2026 Management View “The first quarter performed ahead of our expectations,” and the company reported “net revenue was $36.2 million and adjusted EBITDA was $0.3 million,” marking “our second consecutive quarter of positive adjusted EBITDA,” said CEO Jeff Yurcisin. Yurcisin said the company believes “the first quarter of 2026 represents the revenue trough for the year,” adding, “The platform disruption that defined 2025 is largely behind us, and Grove is turning the page.” He described 2026 priorities as “growth, deepening our authority in human health, reaccelerating advertising spend responsibly and translating a stronger customer experience into durable momentum.” Yurcisin attributed margin progress to the loyalty program, stating, “A meaningful contributor to that margin performance is Grove Green Rewards,” which is “moving away from broad discounting and free gifts towards rewards-based incentives that deliver a higher gross margin.” CFO Tom Siragusa said, “Repeat order rates among recent cohorts have recovered to levels consistent with what we saw prior to the e-commerce migration,” and added, “Gross margin is expanding in a way that reflects structural change.” Outlook Siragusa said, “We are raising the top and bottom line guidance.” For full year 2026, “we now expect net revenue of $142.5 million to $152.5 million, an increase from $140 million to $150 million and adjusted EBITDA of breakeven to positive low single-digit millions, an increase from approximately breakeven.” Management reiterated expectations that “the first quarter [will] represent the trough for the year with sequential improvement in each remaining quarter,” with Yurcisin emphasizing, “we expect net revenue in the first quarter of 2026 to be the bottom.” The analysts estimates data provided does not include a valid fiscal quarter format (Q1-Q4), so no estimates comparison is included. Financial Results The company reporte...

人民币升值加速，出海企业汇兑损失压力增大，多家上市公司从2025年汇兑收益转为2026年一季报的汇兑损失 山东烟台，玲珑轮胎股份有限公司轮胎生产线。图：视觉中国 【财新网】 伴随人民币快速升值，“汇兑损失”出现在多家上市公司一季报中。多家未进行有效对冲的出海企业，面临利润被汇市“吞噬”的严峻考验。 2026年一季度，多家上市公司业绩受到冲击。玲珑轮胎虽营收同比增长6.33%至60.57亿元，主业稳健，但受2.67亿元汇兑损失拖累，归母净利润仅1689.35万元，同比大降95.04%。比亚迪汇兑损益由2025年同期收益约19亿元转为损失约21亿元，仅此一项便造成约40亿元利润缺口，致净利润大幅收缩。光模块龙头新易盛期内财务费用达5.22亿元，因汇兑损失增加同比激增1678%。汽车玻璃龙头福耀玻璃财务费用亦由2025年一季度的-3.50亿元升至2026年一季度的2.59亿元。

明确战略定位、锚定主攻方向，保持战略敏捷、加快攻坚突破。 今天上午，上海市委书记陈吉宁围绕贯彻落实加强基础研究座谈会精神，调研张江实验室并开展现场办公。陈吉宁指出，要深入学习贯彻习近平总书记在加强基础研究座谈会上的重要讲话精神，始终坚持“四个面向”战略导向，更好发挥战略科技力量引领作用，明确战略定位、锚定主攻方向，保持战略敏捷、加快攻坚突破，为实现高水平科技自立自强、建设科技强国作出更大贡献。 陈吉宁在张江实验室察看了相关重点领域原始创新和技术攻关情况，同一线科研人员亲切交谈，关切询问技术路线、研究进展和生活保障，听取他们关于优化基础研究条件、强化人才自主培养、深化科技体制改革等方面的想法建议。随后，陈吉宁主持召开专题会，听取实验室建设情况汇报，共同分析情况、研判趋势，明确对接部门，推动问题解决。 陈吉宁指出，要深学细悟习近平总书记重要讲话精神，充分认识加强基础研究的重要性紧迫性，始终聚焦国家战略需求，以“十年磨一剑”的恒心和毅力，在原始创新和关键核心技术攻关上取得更大突破。要保持战略敏捷，加强对技术路线的动态评估、比选寻优，支持高风险、高价值的探索性研究，前瞻布局非共识、颠覆式领域方向，不断提升前沿方向把握、技术路线论证、创新资源统筹等方面能力。要全面深化改革，加快构建适应新的科研方式的体制机制，提高科研组织化程度和体系化效能，优化科技攻关组织模式和运行机制。要加强对科技创新链上下游的牵引作用，面向产业需求凝练科研问题，通过产业应用推动技术迭代升级，着力打通基础研究、应用开发、成果转化的创新链条。要持续优化科教协同育人机制，形成有利于专心科研的激励保障机制。要大力弘扬科学家精神，引导科研人员厚植家国情怀，勇担国家使命。 市领导李政、陈杰参加调研。