Stefan Sutka/iStock Editorial via Getty Images Amazon.com ( AMZN ) hurdles toward a $3 trillion market cap. The Magnificent Seven name and key cloud provider has rallied sharply since its March low. An impressive Q1 report, buttressed by a risk-on AI-hyperscaler market sentiment, has been a powerful combination launching AMZN to record highs. I had a "B uy" rating on AMZN back in February . Shares are up a solid 28% since then, outperforming the S&P 500 by more than 20 percentage points. Today, with a slimmer margin of safety but improved earnings estimates, I reiterate a "B uy" rating. I see the stock close to fair value, but the chart indicates AMZN is a clear market leader heading into the middle of the year. Amazon Now Matching T he S&P 500 YoY Stockcharts.com Back in April, Amazon reported a solid set of quarterly results. Q1 GAAP EPS of $2.78 topped the Wall Street consensus forecast of $1.65, while revenue of $181 billion, up 17% from the same period last year, was a material $4.35 billion beat. The Consumer Discretionary sector name posted AWS sales that blew past analysts’ expectations , while the bears pointed to intense capex weighing on free cash flow. Operating income of $23.9 billion and an operating margin at 13.1% marked Amazon's highest efficiency in its history. Shares inched higher by 0.8% in the session that followed, its smallest post-earnings change in a year. Looking ahead to the July 30 Q2 report, the options market prices in a moderate 6.1% earnings-related stock price swing, based on the at-the-money straddle expiring soonest after the release. Implied volatility on the $2.9 trillion market cap stock has settled just under 30%, suggesting about a 2% daily swing. Short interest is low at 0.66%. Looking back on the quarter that was, Amazon delivered a big Q1 2026, with a GAAP profit of $23.9 billion. What jumped out to me in the January through March period was the acceleration of AWS, which grew 28% YoY (the best in 15 quarters), driven by r...

Stefan Sutka/iStock Editorial via Getty Images Amazon.com ( AMZN ) hurdles toward a $3 trillion market cap. The Magnificent Seven name and key cloud provider has rallied sharply since its March low. An impressive Q1 report, buttressed by a risk-on AI-hyperscaler market sentiment, has been a powerful combination launching AMZN to record highs. I had a "B uy" rating on AMZN back in February . Shares are up a solid 28% since then, outperforming the S&P 500 by more than 20 percentage points. Today, with a slimmer margin of safety but improved earnings estimates, I reiterate a "B uy" rating. I see the stock close to fair value, but the chart indicates AMZN is a clear market leader heading into the middle of the year. Amazon Now Matching T he S&P 500 YoY Stockcharts.com Back in April, Amazon reported a solid set of quarterly results. Q1 GAAP EPS of $2.78 topped the Wall Street consensus forecast of $1.65, while revenue of $181 billion, up 17% from the same period last year, was a material $4.35 billion beat. The Consumer Discretionary sector name posted AWS sales that blew past analysts’ expectations , while the bears pointed to intense capex weighing on free cash flow. Operating income of $23.9 billion and an operating margin at 13.1% marked Amazon's highest efficiency in its history. Shares inched higher by 0.8% in the session that followed, its smallest post-earnings change in a year. Looking ahead to the July 30 Q2 report, the options market prices in a moderate 6.1% earnings-related stock price swing, based on the at-the-money straddle expiring soonest after the release. Implied volatility on the $2.9 trillion market cap stock has settled just under 30%, suggesting about a 2% daily swing. Short interest is low at 0.66%. Looking back on the quarter that was, Amazon delivered a big Q1 2026, with a GAAP profit of $23.9 billion. What jumped out to me in the January through March period was the acceleration of AWS, which grew 28% YoY (the best in 15 quarters), driven by r...

美国上周EIA天然气库存增加850亿立方英尺，前值为630亿立方英尺。

The volatile cryptocurrency has recovered from its recent lows.

Packer & Co Ltd reported a significant reduction in its Algonquin Power & Utilities (NYSE:AQN) holding, selling 4,223,557 shares in the first quarter. The estimated transaction value, based on quarterly average pricing, was $27.38 million, according to a May 13, 2026, SEC filing. This North American utility and renewable energy company serves over one million connections through regulated and clean energy operations. According to a SEC filing dated May 13, 2026, Packer & Co Ltd sold 4,223,557 shares of Algonquin Power & Utilities during the first quarter. The estimated transaction value was $27.38 million, based on the period's average closing prices. The fund’s remaining stake at quarter’s end was 289,556 shares, worth $1.78 million. The net position value declined by $25.98 million over the quarter, reflecting both trading activity and price changes. Continue reading

健康保险科技平台Health In Tech在周四发布第一季度财报后重申了全年营收指引，并详细阐述了其2026年投资计划。公司在一季度净亏损扩大的情况下，仍选择加大投入以抢占市场先机。 业绩概览与前瞻 财报显示，Health In Tech第一季度营收880万美元，同比增长9.4%，但净亏损160万美元，合每股亏损0.03美元，而去年同期为净利50万美元。尽管如此，公司重申2026年全年营收预期为4500万至5000万美元，较2025年的3330万美元增长约35%至50%。截至季末，2026年剩余三个季度的已签约营收达2290万美元，为全年目标提供了可见性。 战略投资计划 公司将2026年定位为“投资增长之年”。管理层表示，于3月完成的约700万美元PIPE融资（以每股1.25美元发行560万股）将为销售团队扩张、营销活动、新品推出及技术架构升级提供资金。一季度销售与营销费用同比增长逾一倍至230万美元，占营收比重从14%升至26%。 新品开发进展 公司正积极推进三年期费率稳定计划，预计在二季度末至三季度完成市场测试。此外，一款整合生理与理赔数据的分析解决方案也将在二季度启动初步beta测试，旨在为客户生成可执行洞察，创造新的收入来源。 责任编辑：张俊 SF065

Earnings Call Insights: BitGo (BTGO) Q1 2026 Management View "We delivered strong underlying business performance in Q1 despite continued softness across the broader digital asset market," said (Co-Founder, President, CTO, CEO & Director Michael Belshe), adding, "underlying monetization across the businesses remained strong" while "a portion of our client activity shifted from spot trading to derivatives products" after BitGo launched derivatives in January. "Adoption has been encouraging, with approximately $3 billion in notional derivatives trading volume in Q1 alone," said (CEO Belshe), emphasizing that "spot trading activity is reflected on a gross basis while the derivatives are reported on a net basis" and that "the sequential decline in total revenue does not fully reflect the underlying platform economics." "Operationally, this was reflected in a continued deepening of client engagement across the platform increasing our number of clients served to 5,569 up 42% year-over-year, and users to 1.2 million," said (CEO Belshe), while noting reported assets: "assets on platform at the end of Q1 were approximately $63 billion" and "assets staked were $11.8 billion," and adding that "normalized assets on platform actually grew 29% year-over-year and 10% sequentially" and "normalized stake balances grew 21% year-over-year and 27% sequentially." "In Q1, we significantly expanded our partnership with 21shares" and "announced plans with OKX... to bring automated off exchange settlement infrastructure to institutional clients trading on OKX in The U.S.," said (CEO Belshe), calling it "a major milestone for the industry" and adding that BitGo launched "BitGo Mint, a one-stop portal where clients can mint, burn, and convert stablecoins" and "launched our unified financing platform" alongside expanded prime services capabilities. "In the first quarter, total revenue was $3.8 billion, up 113% year-over-year and down 39% sequentially," said (CFO & Treasurer Edward Reginelli), ...

Jian Fan/iStock via Getty Images Investment Thesis I was early with Tower Semiconductor ( TSEM ) as part of my photonics thematic basket, building my position at low-$100 price levels while the market still viewed the company as a cycle-sensitive specialty foundry rather than a strategic AI optics infrastructure player. Since my last coverage TSEM is up 117% and the thesis was straightforward: Optical networking will one day emerge as the critical constraint to scaling hyperscale AI clusters. Data by YCharts Silicon Photonics Is Reshaping Tower’s Earnings Power The recent Q1 earnings certainly reinforced such expectations. Revenues increased by 15.6% year on year, reaching $414 million , which surpassed the estimates and expectations, as profit margins expanded sharply and operating profits nearly doubled year over year. With an obvious double beat and strong Q2 guidance, TSEM climbed about 20-23% following its earnings report, with investors paying attention to the solid fundamentals driving the company. Even more impressive, profitability grew at a much faster rate than the growth in revenue. For example, gross margins grew by 52% YoY, whereas operating margins nearly doubled. Hence, it can be said that the incremental margin rate will increase rapidly as the Company continues to generate revenue from its latest silicon photonics and silicon germanium products. As CFO pointed out that the product mix has improved , thus, suggesting that there was no cyclicality in semiconductors that led to growth but rather secular demand for AI. Data by YCharts Q2 Outlook Strengthens the Margin Expansion Theory Further The Q2 outlook provided by the Company's management has also been very positive. Management guided Q2 2026 revenue to approximately $455 million , well above consensus estimates of roughly $436 million, representing a company record, 22% year-over-year growth and approximately 10% sequential growth. What makes the Q2 outlook truly interesting is that management ex...

One company posted eight straight quarters of rising revenue while the other faced sharp swings. Recent results reveal how their financial paths have diverged.

Palantir vs. BigBear.ai: What Do Their Quarterly Revenue Trends Tell Investors? Yahoo Finance

Land Securities press release ( LSGOF ): FY EPRA EPS at top end of guidance, up 2.2% to 51.4p. More on Land Securities Group Plc Historical earnings data for Land Securities Group Plc Financial information for Land Securities Group Plc

Investors in HF Sinclair Corp (Symbol: DINO) saw new options become available today, for the July 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DINO options chain for the new July 17th contracts and identified one put and one call

格隆汇5月14日｜美国上周EIA天然气库存增加850亿立方英尺，前值为630亿立方英尺。

Investors in CRH plc (Symbol: CRH) saw new options become available today, for the July 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CRH options chain for the new July 17th contracts and identified one put and one call contract o

Investors in Capital One Financial Corp (Symbol: COF) saw new options begin trading today, for the July 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the COF options chain for the new July 17th contracts and identified one put and one

Funtap/iStock via Getty Images Performance Review The Fund (Institutional Class) returned -0.09 percent (net) for the first quarter of 2026, compared with a -0.05 percent return for the Bloomberg U.S. Aggregate Bond Index. Income generation, supported by the Fund's yield advantage over the benchmark, was the primary driver of both absolute and relative performance during the quarter. This advantage was largely attributable to allocations in higher grade securitized credit sectors. Rising interest rates over the quarter weighed on absolute returns through the Fund's duration exposure. On a relative basis, the impact of duration positioning was approximately neutral versus the benchmark. Spread widening across fixed- income sectors, prompted by heightened geopolitical tensions, detracted from both absolute and relative results. The effect was felt broadly across credit-sensitive holdings. Strategy and Positioning We actively managed the Fund's duration posture throughout the quarter, operating within a range of flat to modestly overweight relative to the benchmark. Elevated rate volatility presented tactical opportunities, and front-end duration exposure was increased as the yield curve flattened. Inflation-linked positioning was reduced over the period. Following the Iran conflict and the resulting move higher in breakeven inflation rates, the Fund trimmed its allocation to Treasury Inflation-Protected Securities (TIPS), concentrating reductions at the front end of the curve where pricing was most positively affected. Credit allocations were selectively increased during the quarter. The Fund used the period of spread widening to add modestly to both investment-grade and high-yield corporate bond exposures, building from a lower-risk posture entering the quarter. Within securitized markets, the Fund increased its allocation to structured credit sectors, with a focus on select asset-backed securities (ABS) subsectors and non-qualified mortgage (non-QM) residential mort...

福特汽车 公司股价近期强势反弹，领涨汽车板块，其估值优势成为吸引投资者的核心因素。目前股价正在测试关键技术阻力位，市场密切关注其能否实现有效突破。 技术面释放反转信号 福特股价在此前触及低点后强劲回升。技术分析显示，股价已形成看涨吞噬形态，成交量显著放大，表明买盘兴趣浓厚。目前股价正在测试约14.15美元的关键阻力位，该位置是此前下跌趋势的0.382斐波那契回撤位，同时也是52周高点附近区域。若成功突破，可能打开进一步上行空间至14.80美元的前期高点；若受阻回落，则可能考验12.50至12.80美元的支撑区间。 估值优势凸显配置价值 从估值角度看，福特股票具备较强吸引力。其远期市销率约为0.28倍，低于自身五年均值，也低于 通用汽车 等主要竞争对手。按当前股价计算，分析师平均目标价为13.70美元，隐含约12%的上行空间。市场对其2026年全年每股收益的普遍预期约为1.62美元，较2025年实现扭亏为盈。此外，公司约4.9%的股息率为寻求收益的投资者提供了安全边际。 业绩改善与业务转型共振 福特股价回暖有着扎实的基本面支撑。2026年第一季度，公司每股收益达0.66美元，远超市场预期的0.18美元，营收亦同比增长6%至398.2亿美元。福特Pro商用车业务和福特Blue传统业务表现稳健，公司还上调了全年息税前利润指引至85至105亿美元。不过，电动汽车业务Model e仍录得亏损，公司已调整电动化战略以控制亏损规模。 瑞银 、杰富瑞等多家机构维持对该股的积极评级，认为其传统业务盈利能力与电动化转型的平衡策略正在见效。 责任编辑：张俊 SF065

Lean hog futures posted a Wednesday rally, with contracts up 55 cents to $2.92 led by the front months. Soon to expire May (on Thursday) was down a tick. Open interest was up 2,460 contracts on Wednesday, implying new buying interest. USDA’s national base hog price was reported at $95.51...

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

中芯國際(00981) 海外監管公告-其他 信報網站

0P0002DSA1.HK 互動股市圖表 | 股市 Yahoo 財經

花旗集团计划在今年年底前将其亚太区主经纪业务部门的员工人数增加约10%，以争取更多来自该地区对冲基金的生意。此次扩张以新加坡和印度为中心，正在招聘前台和技术岗位人才，以强化其全球平台。 聚焦新加坡与印度 花旗亚洲南部市场主管Sue Lee表示，此次人员扩张以新加坡和印度为核心，该行正招募前台业务及技术类岗位人才，以强化其全球业务平台布局。花旗日本、北亚及澳洲市场主管Paul Smith补充称，在去年于整个地区招聘了前线关键员工后，该行现正专注于填补空缺。花旗一直在投资客户覆盖、资产负债表及其平台，对冲基金客户希望有多种主要经纪关系的选择。 契合全球战略目标 本次亚太业务扩容契合花旗全球战略目标：计划到2028年将主经纪商业务规模从2025年的4500亿美元增至7000亿美元以上。花旗首季在中国内地、香港、韩国和台湾地区也录得创纪录的客户股票资金流，其中很大一部分以人工智能和科技为主题。量化基金和多策略对冲基金对投资中国股市的需求也十分强劲。 责任编辑：张俊 SF065

AMD is bringing FSR 4 to older Radeon cards, but you’ll have to wait PCWorld

India condemned an attack on one of its vessels in the Gulf of Oman, which sunk after it was set ablaze, calling the incident “unacceptable.” The mechanized sailing vessel Haji Ali was attacked while en route from Somalia to Sharjah, Mukesh Mangal, an additional secretary in the country’s shipping ministry, told reporters in New Delhi. “All 14 crew members were rescued by the Omani Coast Guard.” The incident comes amid heightened tensions between the US , Israel and Iran that have disrupted shipping through the Persian Gulf and the Strait of Hormuz — a critical maritime choke point for about a fifth of global oil and liquefied natural gas flows — contributing to higher fuel prices. The attacks on commercial vessels, civilian crews and restrictions on navigation must be avoided, Randhir Jasiwal, spokesperson for India’s Ministry of External Affairs said . The country’s authorities did not say who was responsible for the attack or where it originated from.

posteriori/E+ via Getty Images Stocks for the week ended May 8 were 2,290 Bcf vs. 2,205 Bcf for the week ended May 1. Net change: +85 Bcf . Consensus: + 86B. Natural Gas Futures ( NG1:COM ) -2.1% to $ 2.8 /MMBtu. ETFs: ( UNG ), ( BOIL ), ( KOLD ), ( FCG ), ( UNL ), ( HNU:CA ) Click here to read the full EIA Weekly Natural Gas Storage Report. More on Natural Gas Futures Commodities: Oil Market In Wait-And-See Mode Ahead Of Trump-Xi Meeting Hormuz Oil Shock Tilts Shipping Towards Alternative Fuels Commodities: Oil Surges As Peace Deal Hopes Fade Energy shock may turn deflationary, Michael Green says—CNBC interview Russia’s LNG shipments climb in early 2026 despite sanctions drag

加拿大最大房地产投资信托基金Choice Properties REIT周四宣布，将向信托单位持有人派发2026年5月份的现金分配，金额为每单位0.065加元，按年化计算为每单位0.78加元。 股息详情 根据公司公告，本次股息将于2026年6月15日支付给5月29日登记在册的信托单位持有人。这是该公司持续执行的月度派息政策的一部分，与此前各月派息金额保持一致。 稳健的财务基础 Choice Properties近期公布的第一季度财报显示，公司运营资金（FFO）达到1.96亿加元，同比增长2.7%，每单位稀释FFO为0.271加元。公司投资组合出租率保持在98.1%的高位，长期续约租金差高达21.8%，同资产净营业收入现金基础增长3.0%。 持续的资产扩张 公司在第一季度完成了对First Capital REIT部分优质零售资产的收购协议，交易价值约50亿加元，进一步巩固了其作为加拿大最大房地产投资信托的领先地位。Choice Properties在全国范围内拥有、管理和开发高质量的商业零售、工业、混合用途及住宅物业组合，致力于为社区创造可持续发展的空间。 责任编辑：张俊 SF065

阿肯的职业生涯，是全球化跨界发展的典范。 2004 年，他凭借代表作《Locked Up》和《Lonely》一炮而红；此后十年间，他引领流行与嘻哈乐坛风潮，专辑总销量超 3500 万张，斩获五项格莱美提名，同时捧红了 Lady Gaga、T-Pain 等乐坛巨星。 2010 年代，阿肯将事业重心转向非洲故土，投身大型基础设施与科技建设，标志性项目 “阿肯点亮非洲” 为当地超 100 万户家庭接入太阳能供电。 他曾规划耗资 60 亿美元的 阿肯城 宏大项目，但塞内加尔政府于 2025 年正式叫停该计划，转而选择更务实的合作方案。如今，阿肯重新回归音乐舞台。 今年 4 月下旬，他发布多年来首张重磅录音室专辑《美好时光》，并与歌手尼欧开启覆盖 57 座城市的全球巡演。 我在《风云人物》播客新一期节目中专访了阿肯。我们聊到：他为何早早布局投资加密货币、如何借助人工智能打造全新专辑，以及作为 最后一批与迈克尔・杰克逊合作的艺人之一 的亲身经历与感受。 谈加密货币 “我至今仍是加密货币的坚定支持者。加密货币本身就是一种货币，这是毋庸置疑的，它就是未来。” 谈 AI 用于歌曲创作 “这张专辑我用上了各类新技术。我本身就是科技爱好者，会充分利用所有工具。我在专辑创作中也用到了人工智能，用来梳理创作灵感、构思主题、重构作品框架、打磨概念与歌词，甚至编曲结构、曲风音阶都有借助 AI 辅助。 这些细节是我作为音乐人平时不会刻意琢磨的，有时我想看看一段副歌还有哪些演绎方式，AI 就是绝佳工具。” 谈与迈克尔・杰克逊共事 “他之所以伟大，在于他坐拥顶级地位却毫无架子。他把自己视作和普通人完全平等的一员。 他甚至会因为无法像普通人一样自由出入市井、和大众近距离交流而感到失落，仿佛深陷束缚；可在世人眼中，他已是被命运眷顾的传奇。” 责任编辑：郭明煜

Bullish sentiment among individual investors rose slightly for the week, showed the recent survey conducted by the American Association of Individual Investors (AAII). The American Association of Individual Investors said in its survey that the bullish camp climbed to 39.3% for the week ended May 13, from 38.3% in the prior week. Meanwhile, bearish sentiment as per the survey rose to 36.6% for the week, versus 33.0% the week before. Wall Street moved through a mixed and shifting pattern, initially supported by strength in technology and AI-driven stocks alongside solid earnings momentum, even as geopolitical developments around U.S.-Iran negotiations and trade tensions kept sentiment fluid. As the period progressed, markets faced pressure from hotter-than-expected CPI and PPI readings, rising Treasury yields, and renewed inflation concerns, while warnings about exuberance and a potential shift in the inflation regime added to caution. At the same time, global cues remained uneven, with steady conditions in Europe, stronger growth signals from the U.K., moderating inflation in parts of Europe, and gains in Asian and Chinese technology stocks providing intermittent support. Toward the end, focus shifted to the upcoming U.S.-China summit, with equities edging higher and futures gaining, even as uncertainty around trade outcomes kept the overall tone measured. The benchmark S&P 500 ( SP500 ) and Nasdaq ( COMP:IND ) gained around 1.46% and 2.31% for the week, while Dow ( DJI ) rose around 0.19%. According to AAII, neutral sentiment, or expectations that stock prices will stay essentially unchanged over the next six months , also fell during the week, with the figure standing at 24.1%, compared to 28.7% last week. The survey has been conducted by the American Association of Individual Investors since 1987, in which it asks respondents for their thoughts on where the market is heading in the next six months. S&P 500 Tracking Funds: (MUTF: FXAIX ), (MUTF: VFIAX ), (MUTF: VF...

Chipmaker stocks have exploded over the past month, with Micron up 80%, SanDisk up 52%, and Intel up 85%, to name just a few companies participating in the rally. Behind the surge is an evolving systems architecture for AI known as "orchestration" in which workloads are distributed through multiple processing channels rather than concentrated in bigger, more centralized blocks. Orchestration requires a greater number of more traditional central processing units (CPUs) relative to beefier graphics processing units (GPUs), which drove Nvidia's rise during the first phase of the AI buildout. While GPUs will remain essential for core AI tasks like model training and query response, Wall Street thinks the orchestration-driven proportions in chip demand are set to continue as AI software becomes "agentic" – that is, better at handling more generalized instructions. MU NVDA 1Y mountain Micron vs. Nvidia, 1 year "We believe agentic AI will increase the CPU-to-GPU mix in AI systems by adding more orchestration, memory, and tool-use work," Morgan Stanley analyst Shawn Kim and colleagues wrote in a Monday note to investors. "This should not reduce GPU demand, but it does increase overall system complexity and shifts incremental infrastructure spend toward CPUs, networking, and memory." The new buzzword Tech companies are saying similar things about orchestration, emphasizing coordination and adaptability within their infrastructure rather than chip architecture itself as the way to boost computing capacity for AI. "No single chip architecture can efficiently serve every workload," Meta said in an April statement announcing its usage/rental of "tens of millions" of Graviton CPUs from Amazon's cloud infrastructure subsidiary. "As Meta advances its work with agentic AI, compute requirements are evolving to demand more CPU." Chipmaker AMD also stressed CPUs in the context of orchestration as part of a deal announced with Meta in February. The $60 billion deal stipulated that Meta ...

美国5月8日当周EIA天然气库存变动 850亿立方英尺，预期 870亿立方英尺，前值 630亿立方英尺。