Earnings Call Insights: Lumentum (LITE) Q3 fiscal 2026 Management View "Lumentum delivered an exceptional third quarter with revenue growing 90% year-over-year to a record $808 million." (President, CEO & Director Michael E. Hurlston) "Our non-GAAP operating margin was more so, expanding by over 2,100 basis points year-over-year, fueled by a rich product mix and strong operating leverage." (President, CEO & Director Hurlston) "Components revenue for the quarter was $533 million, reflecting a 20% sequential increase and 77% year-over-year growth." (President, CEO & Director Hurlston) "These components remain effectively sold out for the foreseeable future, and we are actively working to secure long-term agreements that will help offset anticipated capital expenditures." (President, CEO & Director Hurlston) "In mid-March, we announced our acquisition of a fifth indium phosphide fab in Greensboro, North Carolina, which provides the capacity needed for years of future growth." (President, CEO & Director Hurlston) "Third quarter revenue of $808.4 million was above the midpoint of our guidance range and non-GAAP EPS of $2.37 was above our prior expectation range, demonstrating the leverage of our business model." (Executive VP & CFO Wajid Ali) Outlook The provided analysts estimates were not used because the estimates tag did not include a valid fiscal quarter format (Q1-Q4) required for validation in these instructions. "We anticipate net revenue for the fourth quarter of fiscal year '26 to be in the range of $960 million to $1.01 billion." (Executive VP & CFO Ali) "We project fourth quarter non-GAAP operating margin to be in the range of 35% to 36% and diluted net income per share to be in the range of $2.85 to $3.05." (Executive VP & CFO Ali) Compared with the prior quarter call, management increased the guided revenue midpoint from "$805 million" for Q3 (previous transcript) to "The $985 million midpoint" for Q4 (current transcript), alongside a higher operating margi...

Earnings Call Insights: Carlsmed (CARL) Q1 2026 Management View "We delivered strong revenue of $16.1 million, representing growth of 58% over the prior year." (Co-Founder, Chairman, CEO & President Michael Cordonnier) "Operationally, we continue to leverage our investments in technology to further drive production efficiencies, reducing lead time by more than 30% to 6 business days in the quarter and delivering more than 200 basis points of margin expansion year-over-year." (CEO Cordonnier) "We grew our total surgeon user base by more than 60% year-over-year" and "the aprevo lumbar procedure represents the majority of our business today" within an estimated "445,000 lumbar spine fusion procedures performed annually in the U.S." (CEO Cordonnier) "On April 10, CMS published the FY '27 proposed rule for inpatient prospective payment system. Under this proposed rule, all aprevo lumbar spine fusion procedures would be reimbursed by 1 of 3 new MS-DRG codes. 523, 524 or 525 at a premium to traditional spine fusion procedures." (CEO Cordonnier) "The first quarter 2026 represented our first full quarter in market commercially with the aprevo cervical fusion procedure" and "in the early days of launch, we have already trained more than 20% of our surgeon users on the cervical platform." (CEO Cordonnier) "Revenue for the first quarter of 2026 was $16.1 million" and "gross margins were 77.1%" while "total operating expenses were $21.7 million" and "our GAAP net loss was $8.7 million." (CFO & Treasurer Leonard Greenstein) Outlook "We are raising our full year 2026 revenue range to be between $72 million and $77 million in revenue, representing 48% growth at the midpoint over full year 2025." (CFO Greenstein) "As we progress towards profitability, we continue to expect gross margins to remain in the mid- to high 70s and anticipate driving operating expense leverage in the coming quarters with expected revenue ramp in aprevo lumbar and cervical." (CFO Greenstein) "We are seeing g...

今年3月，邮储银行旗下金融资产投资公司（AIC）获批开业，银行系AIC就此扩容至9家。日前，记者在采访中了解到，已有数家地方城商行就开设AIC事宜与相关部门进行积极沟通，但未有实质进展。相关上市银行知情人士向记者表示，地方政府对于下辖银行机构开设AIC热情较大，但与相关部门沟通下来的情况是，AIC扩容机构将暂定在国有行、股份行层面，“可能需要后续观察股份行AIC的运营情况，才决定是否将城商行纳入其中”。（财联社）

财联社5月6日讯（编辑 刘蕊） 美东时间周二盘后，美股光模块巨头Lumentum公布了强劲的第三财季财报。该公司高速光学组件的需求前景强劲，因为这些组件对于 人工智能 基础设施至关重要。 不过，在美股盘后交易中，Lumentum公司股价仍然下跌3.48%。这可能是因为在该公司股价此前多日已经大幅增长之后，公司营收未能达到投资者们的超高期待。 财报显示，在截至3月末的第三财季中， 营收：8.084亿美元，同比增长了90.1%，略微超出LSEG收集的分析师预期8.043亿美元。去年同期公司营收为4.252亿美元，上一季度营收为6.655亿美元。 每股盈利（按非美国通用会计准则Non-GAAP计算）:2.37美元，超过分析师平均预期每股2.24美元。去年同期该公司每股盈利0.57美元。 净利润为2.257亿美元，毛利率为47.9%，营业利润率为32.2%。 零部件业务板块营收达5.333亿美元，系统业务板块营收达2.751亿美元，两者均实现强劲的同比增长。 公司现金、现金等价物及短期投资总额为31.723亿美元，这主要得益于A轮可转换优先股的发行收益。 公司预计，2026年第四财季营收为9.6亿美元-10.1亿美元，非GAAP营业利润率为35.0%-36.0%，非GAAP摊薄后每股盈利为2.85美元至3.05美元。 自年初以来，Lumentum公司的股价已累计上涨约164.8%，而标普500指数的同期涨幅仅为5.2%。这主要得益于各大云巨头在人工智能基础设施方面的巨额资本投入。 光模块需求仍然强劲 Lumentum的光模块对于在 数据中心 网络中的服务器之间高速传输大量数据至关重要。分析人士表示，对于这类关键部件而言，市场需求已超过供应能力。因此，客户纷纷签订长期协议以确保供应稳定。 Lumentum总裁兼首席执行官迈克尔·赫尔斯顿（Michael Hurlston）表示。 “Lumentum第三财季业绩表现卓越，营收同比增长90%，创下8.08亿美元的 历史新高 。虽然营收增长持续占据新闻头条，但我们近期业绩更令人印象深刻的是利润率的提升。第三财季， 毛利率环比提升540个基点，营业利润率环比提升700个基点 ，” “利润率的提升得益于多方面因素。随着共封装光学器件和光路开关等关键增长动力开始发挥作用，我们预计盈利能力将进一步增强。” 赫尔斯顿表示， 该公司的订单已经排...

Source: Bloomberg, 5:34

Why Is Palantir Stock Crashing, and is it a Generational Buying Opportunity? The Motley Fool

格隆汇5月6日｜摩根士丹利发表研报指，百威亚太首季收入同比减少0.7%至14.9亿美元，主要受销量微增0.1%及平均售价轻微下降影响，高于该行预期的14.5亿美元。期内印度市场表现强劲，中国市场跌幅则有所收窄。首季正常化EBITDA同比跌8.1%至4.63亿美元，高于该行预期的4.57亿美元。正常化EBITDA利润率同比下降246个基点至31%。毛利率同比微升1个基点，EBIT利润率则同比下降164个基点。展望未来，该行预计公司EBITDA增长将持续改善，主要动力来自韩国销量在正常化基数下按年回升，以及中国市场利润率按年改善。该行维持对其“增持”评级，目标价为9港元。

Ronald “Bato” Dela Rosa was once one of the most visible faces of Rodrigo Duterte’s deadly war on drugs, a tough-talking national police chief who was seen as the hatchet man carrying out the former Philippine president’s crackdown against alleged criminals of the narcotics trade. Now a senator, Dela Rosa has somewhat fallen off the radar – for six months, he has not appeared for work after reports circulated that he could face arrest in connection with the International Criminal Court’s crimes...

财联社5月6日讯（编辑 潇湘） 贝莱德公司首席执行官拉里·芬克(Larry Fink)周二表示，全球对算力的需求如此巨大，以至于交易员终有一天将能够通过期货市场进行相关交易。 “算力期货将成为一种新的资产类别，”芬克当天在美国加州比佛利山庄举行的米尔肯研究所全球会议的小组讨论中说道。 他补充称，美国不仅缺乏足够的计算能力，还面临芯片和内存短缺的问题。“我们目前确实缺乏足够的算力。” 当前，算力已成为AI时代的新型核心生产要素，这也正令算力期货作为一种新兴的金融概念在近年来应运而生。 不少业内人士认为，随着AI大模型训练和推理需求的爆炸式增长，算力已成为一种像石油、电力一样的关键资源。未来或可将算力作为一种可标准化交易的商品，在期货市场上进行买卖和对冲风险。买方可以通过期货锁定未来的算力价格，卖方可以锁定未来的收入。 作为全球最大的资产管理公司，贝莱德集团目前正通过与微软、英伟达以及阿联酋投资机构MGX等合作伙伴，向数据中心和能源企业投资数百亿美元。 由贝莱德集团旗下GIP牵头的财团此前已宣布，将以约400亿美元收购Aligned Data Centers；此外，GIP还正与私募股权公司EQT联手，以107亿美元现金收购电力供应商AES公司。 芬克当天在小组讨论中还表示，目前并不存在人工智能泡沫。“恰恰相反，我们面临供应短缺，需求增长速度远超任何人的预期。” 在同一场讨论中，Brookfield Corp.首席执行官Bruce Flatt也表示，全球经济正转型为以数据中心、云计算和人工智能为基础。 “未来10年，我们将重构全球经济，”他说道。 中国业内也有呼吁 值得一提的是，有关算力期货的话题，在全球人工智能中心之一的中国也曾提起过，今年全国两会期间也曾引发过参会代表的共同关注。 根据中国期货业协会今年3月援引期货日报的报道，全国人大代表、东方财富信息股份有限公司董事长其实当时提出，算力及相关要素的价格波动风险正显著提升，企业的风险敞口明显放大，需要更有效的风险管理工具。 其实认为，算力价格的较大波动，直接影响企业经营的投入计划和长期布局。他建议，未来我国可以考虑积极开发算力期货等创新工具，探索成立算力交易所，同时进一步丰富部分关键商品类别的衍生品供给，使金融体系不仅能帮助企业跑得“快”，更能帮助企业行得“稳”。 全国政协委员、中国科学院计算技术研究所研究员张云泉则建...

Pinterest (NYSE: PINS) surprised investors with an excellent quarterly update. *Stock prices used were the afternoon prices of May 3, 2026. The video was published on May 5, 2026. Continue reading

The Good Brigade/DigitalVision via Getty Images The US restaurant industry is navigating a challenging environment with a macroeconomic landscape marked by persistent inflation and a consumer that is pressured by rising prices. While consensus expectations show sales are still growing across key players in the industry supported by resilient consumer spending, the momentum is increasingly fragile beneath the surface. Operators are grappling with structurally higher labor and food costs while facing growing resistance to further price hikes from value-conscious diners. Here’s a look at Visible Alpha consensus expectations for leading US full-service restaurant chains in 2026. Analysts expect sales to remain steady across much of the industry, while rising cost pressures and uneven demand increasingly influence earnings. Recent reports from the United States Department of Commerce show US retail and food services sales for March 2026 were up 1.7% from the previous month, and up 4% from March 2025. This aligns with what analyst expectations are showing: consumer demand has not weakened significantly, but it has become more selective. At the top end, analysts expect continued outperformance from scale leaders and premium casual concepts. Darden Restaurants Inc. ( DRI ) is projected to deliver steady mid-single-digit revenue growth (~6%) with positive same-store sales and margin expansion, with strong growth expectations for its brands Olive Garden and LongHorn Steakhouse in 2026. Historically high labor and food costs along with restructuring costs from the Bahama Breeze exit, which will involve one-time closure and conversion costs, is expected to see operating expenses rise significantly in 2026. Recent earnings commentary highlights stable traffic and easing commodity inflation, which are contributing to a significant increase in operating income. This suggests that analysts expect operating leverage to activate following a period of high costs. Similarly, Texas Road...

騰訊控股(00700)出現大手賣出1.84萬股，成交價$466.2，涉資857.808萬 AASTOCKS.com

Meteorologists Sound Alarm Over El Nino Plume Racing Across Pacific Like "Freight Train" Meteorologists on X are once again warning about a powerful El Niño , pointing to a new plume of warm subsurface water moving across the Pacific "like a freight train ." The latest water temperature data suggest that El Niño later this year could rank among the strongest on record, with potentially significant implications for the Lower 48. "Updated El Niño forecast for this summer/autumn is 'off the charts' EXTREME with 'boiling red' map colors along Equatorial central and eastern Pacific Ocean ," meteorologist Ryan Maue wrote on X. He said this is "code red the Earth's climate system going into Summer 2026," which only means " suppressed Atlantic hurricane activity ." Updated El Niño forecast for this summer/autumn is "off the charts" EXTREME with "boiling red 🔴" map colors along Equatorial central and eastern Pacific Ocean. This is "Code Red" for the Earth's climate system going into Summer 2026 --> suppressed Atlantic hurricane activity. pic.twitter.com/NSCJPak6Xt — Ryan Maue (@RyanWeather) May 5, 2026 Meteorologist Ben Noll said, " A brand new El Niño plume from ECMWF reaches +3˚C in most scenarios by November, which would put this event among the strongest on record ." Breaking: Brand new El Niño plume from ECMWF reaches +3˚C in most scenarios by November, which would put this event near the strongest on record. pic.twitter.com/m2OOTeXcx8 — Ben Noll (@BenNollWeather) May 5, 2026 Noll continued, "A freight train of warm water continues to chug across the subsurface Pacific Ocean." Super El Niño: A freight train of warm water continues to chug across the subsurface Pacific Ocean. The level of warmth is record-breaking in some areas, peaking around 7˚C (13˚F) above average. This heat should lead to more intense El Niño projections in May model updates. pic.twitter.com/Y3YKFbgMA7 — Ben Noll (@BenNollWeather) May 4, 2026 If a super El Niño materializes, it could shift weather p...

小米集團－Ｗ(01810)出現大手買入20萬股，成交價$30.96，涉資619.2萬 AASTOCKS.com

【中国奥园：全面暂停境外债兑付，已委聘毕马威、年利达协助制定境外债务重组方案】 5月4日，中国奥园发布公告称，因持续面临巨大流动性压力，公司未能在宽限期届满前支付2026年3月30日到期的多笔境外优先票据利息，构成违约，并触发多项境外融资的交叉违约。涉及票据包括Add Hero Holdings Limited发行的2029年、2030年及2031年到期的三支美元优先票据。为此，公司自2026年3月30日起暂停支付所有境外融资债务的本金及利息，并推动各附属公司同步执行该安排，以确保债权人公平对待。目前除按揭贷款外，尚未收到其他境外债权人提前还款通知。公司已委聘毕马威（财务顾问）和年利达律所（法律顾问），全面评估资本结构与流动性，积极推进境内外债务重组，旨在保障长期运营能力并维护全体境外债权人及相关方权益。 中国奥园2025年年报披露显示，2025年营收92.56亿元，同比下降4.33%；2025年亏损190.9亿元，2024年亏损20.96亿元，亏损规模显著扩大。截至2025年12月31日，公司总资产为1282.23亿元，总负债为1738.68亿元，已出现资不抵债现象。 截至最新，中国奥园有中资离岸债9只，规模合计69.468亿美元。 【“20阳光城MTN001”违约进展：截至2026年3月27日，发行人已到期未支付债务本金合计653.36亿元】 中国建设银行股份有限公司发布公告称，阳光城集团股份有限公司发行的“20阳光城MTN001”于2022年3月15日发生实质性违约。最新进展显示，截至2026年3月27日，发行人已到期未支付的债务本金合计金额653.36亿元，其中境外债券未支付本金累计22.44亿美元，境内债券未支付本金累计164.63亿元。此外，发行人及发行人控股子公司正与金融机构协商涉及金额约172.25亿元的事项，并因相关纠纷被列为失信被执行人。主承销商将持续督促发行人履行信息披露义务并保障债权人权益。 阳光城2025年三季度报披露显示，2025年三季度营收58.61亿元，同比下降64.92%；归母净利润为-41.15亿元，同比减亏35.47%。截至2025年9月30日，公司总资产为1704.65亿元，总负债为1922.52亿元，出现资不抵债情况。 截至最新，阳光城集团股份有限公司有18只违约债券，违约金额合计169.42亿元。此外，有9只中资离岸债违约...

GOOGL Dethrones NVDA As Most Valuable Company — But Which Stock Is The Better Bet Right Now? Stocktwits

中芯國際(00981)出現大手買入12.6萬股，成交價$77.7，涉資979.02萬 AASTOCKS.com

Palantir (NASDAQ: PLTR) reported fantastic quarterly financial results, yet the stock price still dropped. *Stock prices used were the afternoon prices of May 3, 2026. The video was published on May 5, 2026. Continue reading

(RTTNews) - Strong GIFT Nifty futures, steady Asian markets and the overnight positive close on Wall Street indicate a firm start for Indian shares on Wednesday.

上期所沪锡主力合约大涨5%，报402420元/吨。LME锡主力合约涨超3%，现报51345.0美元/吨。

格隆汇5月6日｜A股寒武纪成交额达200亿元，现涨12.5%。

【有線新聞】一名院校職員涉嫌盜竊被警方拘捕，消息指他任職珠海學院。 據報被捕49歲姓葉男子是香港珠海學院財務總監，警方稱校方發現銀行帳戶有不明轉帳，於是報警。調查後於上周四在屯門拘捕一名男子，他已獲准保釋候查。屯門警區重案組接手。

据界面新闻消息，随着全球AI电源需求激增，国内MCU芯片厂商面临罕见的“缺货提价”局面。由于AI电源作为GPU的大规模采购对象，核心控制芯片MCU的需求也大幅增加。国内厂商如中微半导体和国民技术已开始提高芯片价格，并在全球顶级电源管理公司中实现批量供货。AI服务器和光模块需求的爆发，进一步推动了MCU市场需求。

财联社5月6日讯（记者 彭科峰） 今年3月，邮储银行旗下金融资产投资公司（AIC）获批开业，银行系AIC就此扩容至9家。日前，财联社记者在采访中了解到，已有数家地方城商行就开设AIC事宜与相关部门进行积极沟通，但未有实质进展。 相关上市银行知情人士向财联社记者表示，地方政府对于下辖银行机构开设AIC热情较大，但与相关部门沟通下来的情况是，AIC扩容机构将暂定在国有行、股份行层面，“可能需要后续观察股份行AIC的运营情况，才决定是否将城商行纳入其中”。 地方政府热情高，部分城商行希望获得AIC牌照 在财联社记者此前的采访中，多家上市城商行人士均对申请AIC牌照持有相当大兴趣。一位城商行人士即认为，若干头部城商行的资产规模和盈利均已超过部分股份行，且已有城商行跻身系统重要性银行，证明其经营能力已得到认可。作为头部城商行，也希望在相关方面获得政策支持。 不过从最新情况来看，城商行要想跻身AIC俱乐部，短期内难度或许较大。近日，某上市城商行人士向记者介绍，当地政府非常重视银行系AIC的开设工作，自去年新政之后，近期地方相关领导已经和有关部门进行了沟通，将该行希望获得AIC牌照作为重点内容进行了反映。 不过，上述城商行高管人员进一步向记者表示，该行开设AIC的工作暂时还未能获得“放行”。 “我们得到的反馈是，目前暂时还是把范围限定在国有行、股份行层面，需要观察股份行AIC后续运营的情况，总结经验后才决定是否对城商行放行。”相关知情人士表示。 从公开信息来看，部分头部城商行在支持科技型企业方面力度较大。有相关城商行人士表示，每次有关部门组织银行对支持创新企业、科创企业的座谈会，该行往往都会被受邀参与。但由于没有AIC牌照，等到新创企业后续成长壮大并上市，该行实际上后续无法获得更多回报。 净息差承压下AIC成银行新出路 在银行净息差持续承压的背景下，AIC被普遍看作可以增厚银行利润的一条“新路”，也被认为是科技金融的重要抓手。2025年3月5日，国家金融监督管理总局发布《关于进一步扩大金融资产投资公司股权投资试点的通知》，将AIC试点范围扩展至广州、深圳等18个试点城市所在省份，同时支持符合条件的商业银行发起设立金融资产投资公司（AIC）。 由此，此前仅限于工、农、中、建、交五大行的银行系AIC子公司开始扩容，招商银行、中信银行、兴业银行三家头部股份行和邮储银行，相继于去年下半年...

Lululemon 's (NASDAQ: LULU) balance sheet remains in pristine condition despite near-term headwinds. *Stock prices used were the afternoon prices of May 3, 2026. The video was published on May 5, 2026. Continue reading

格隆汇5月6日丨铜冠铜箔(301217.SZ)涨5.31%，报82.500元，股价创历史新高，总市值683.94亿元。

中芯國際(00981)出現大手買入8.15萬股，成交價$77.4，涉資630.81萬 AASTOCKS.com

Stack Infrastructure Inc. , a data center company owned by Blue Owl Capital , is considering options including a sale of its Asia operations, according to people familiar with the matter. Denver-based Stack has been speaking with prospective advisers about a partial or full sale of the assets in Australia, Japan and Malaysia, the people said, asking not to be identified because the deliberations are private. A transaction might be valued at more than $30 billion, some of the people said. Other infrastructure-focused funds and industry players might be interested in the business, the people said, adding that considerations are preliminary and no final decisions have been made. A representative for Blue Owl declined to comment, while Stack didn’t respond to a request for comment. Data center companies have drawn in investors, attracted by their close ties to the boom in artificial intelligence. The Asia Pacific has been a busy region for deals — Stonepeak Partners-backed Digital Edge is exploring a possible sale, people familiar with the matter said last week, while Bain Capital is working on a review of Bridge Data Centres, and Princeton Digital Group has tapped Goldman Sachs Group Inc. for what could be another multibillion-dollar deal. DayOne Data Centers Ltd. is considering an initial public offering in the US. Stack operates data centers in the Americas, Europe and Asia, its website shows. Alternative asset manager Blue Owl acquired Stack as part of its takeover of IPI Partners LLC last year. Stack expanded into the Asia Pacific in 2021, setting its regional headquarters in Singapore and targeting organic growth with landowners and property developers, as well as acquisitions. Stack was seeking a loan of around A$3 billion ($2.2 billion) to help accelerate development in Australia, people familiar with the plan said in February. In October, it closed a ¥39.7 billion ($253 million) green facility to expand its 36 megawatt campus in Inzai, near Tokyo.

Microsoft (NASDAQ: MSFT) is investing significantly in its proprietary chip technology. *Stock prices used were the afternoon prices of May 3, 2026. The video was published on May 5, 2026. Continue reading

格隆汇5月6日｜美银证券发表报告指，长和同意以现金43亿英镑(约合455亿港元)出售其在英国流动电讯营运商VodafoneThree的49%股权，进一步证明长和愿意透过资产货币化来释放价值。虽然出售价格较该行较乐观的估值低约10%，但此交易显著强化长和的资产负债表，并在宏观不确定性下增强了财务灵活性。 长和预计交易完成后将录得47亿港元的出售收益，完成目标为2026年下半年。相对于该行对2026财年231亿港元的核心盈利预测，此收益规模相当可观。此外，由于合资企业因折旧及摊销增加而录得亏损，是次出售亦应在短期内增加经常性盈利。该行认为长和估值具吸引力，维持对其“买入”评级，目标价为75港元。