Source: Bloomberg, 4:26

格隆汇5月14日｜有投资者问，目前市场上AI PCB价格一直没有上涨，不知道公司为何一直要扩产？胜宏科技在互动平台表示，公司产品遵循市场化定价原则，将根据具体产品料号的制造难度、市场供需、原材料价格波动情况等与客户协商定价。

Key PointsDirector Monica Mijaleski sold 61,000 shares on May 8, 2026, for a transaction value of approximately $307,000.

The State Street Technology Select Sector SPDR ETF (NYSEMKT:XLK) offers a concentrated, low-cost play on S&P 500 tech, while the Vanguard Information Technology ETF (NYSEMKT:VGT) provides broader exposure. Both funds serve as core pillars for investors seeking aggressive growth through the information technology sector. While the State Street fund focuses exclusively on large-cap technology stocks within the S&P 500, the Vanguard fund casts a wider net across the broader U.S. equity market, including small- and mid-cap companies. This difference in scope influences everything from diversification to dividend output. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading

Preliminary results from a preclinical study demonstrated statistically significant increase in MHC-I expression following SIL204 treatment in human pancreatic and non-small cell lung cancer cells harboring a KRAS mutation, supporting potential future evaluation alongside anti-PD-1 therapies including pembrolizumab (Keytruda®) Preliminary results from a preclinical study demonstrated statistically significant increase in MHC-I expression following SIL204 treatment in human pancreatic and non-small cell lung cancer cells harboring a KRAS mutation, supporting potential future evaluation alongside anti-PD-1 therapies including pembrolizumab (Keytruda®)

批量制造千万美元富翁，何需等到公司上市？ 《华尔街日报》披露了一组颇具冲击力的数据。去年10月，OpenAI超过600名现任和前任员工通过股票出售总计套现66亿美元，其中约75人每人兑现了3000万美元。 这意味着，在OpenAI还没有上市之前，一批高管和普通员工已经先一步拿到了这轮AI热潮的财富回报。 这也是当前AI行业最值得关注的变化之一。过去，创业公司员工通常要等到IPO之后，才可能真正兑现手里的股票。但现在，头部AI公司把财富释放的时间大幅提前。 OpenAI是最醒目的样本，DeepSeek正在补上外部估值和股权激励这一课，Anthropic、Cerebras、Character.AI等公司则说明，融资、要约收购、二级市场交易、技术授权和团队转移……AI造富的途径正在变得更多。 对AI公司来说，这是吸引顶尖人才的新武器。对AI人才来说，技术能力不再只是换来高薪和期权，也更可能在公司上市前就变成现实收益。 1 我们先来看看OpenAI的“造富神话”。 OpenAI的高管赚得多，这一点已经经由最近的法庭大战公之于众。 最近，马斯克对战OpenAI、奥特曼等人的官司开庭。 总裁布罗克曼在庭上作证时表示，他持有的股权价值约为300亿美元。与此同时，前首席科学家苏茨克维也在马斯克诉OpenAI的庭审中披露，自己持有的OpenAI股权价值约为70亿美元。 首席执行官山姆·奥特曼（Sam Altman）则表示自己并未持有公司的股份，理由是公司的非营利性质，不过一些投资者则预计，如果OpenAI的营利化重组最终顺利推进，奥特曼未来仍可能获得股权安排。 许多普通员工也已经兑现高额财富。 《华尔街日报》爆料，去年10月，OpenAI组织了一次大规模股票出售，超过600名现任及前任员工在同一天兑现了手中的股份，总计套现约66亿美元。 在这批员工中，大约75人达到了公司规定的最高出售上限，每人兑现3,000万美元。 部分员工将剩余股份捐入捐赠建议基金（donor‑advised funds），以支持公益事业并获得当年税收减免。 这次出售是AI行业内迄今规模最大的员工股权兑现事件之一。 此次交易也标志着OpenAI自ChatGPT发布以来首次允许新入职员工兑现股票。 这是一个明显的变化，在员工兑现股票这件事情上，OpenAI越来越大方。 之前公司规定员工必须入职至少两年后才能出售股份...

Microsoft Under Investigation by CMA for Market Practices (MSFT) GuruFocus

Trump’s summit with Xi Jinping pulled the spotlight from the war in Iran that has left a key conduit for Middle East oil flows all but closed for more than two months. The Chinese leader signaled that Beijing is moving toward greater openness as traders look out for business deals and purchasing commitments from the world’s second-biggest economy. The relentless rally in technology stocks is showing little sign of cooling as a blockbuster share sale and Cisco earnings highlighted the momentum around artificial intelligence. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Palantir Technologies stock (US69608A1088): Analyst consensus turns 'Moderate Buy' as Ukraine AI par AD HOC NEWS

AST SpaceMobile stock was rising early Thursday. A joint venture between major cell carriers to boost coverage in remote areas could be good news for the satellite-broadband stock. AT&T Verizon Communications and T-Mobile US said Thursday they are forming a joint venture to help end dead zones in the U.S. by the use of satellite-based connections.

AMD announce FSR Upscaling 4.1 officially coming to RDNA 3 and RDNA 2 GamingOnLinux

KanawatTH Take-Two Interactive Software ( TTWO ) jumped 5.8% in premarket trading as investors eyed the potential impact of Grand Theft Auto 6 hitting the market on November 26, ahead of the holiday shopping blitz. There is growing buzz that the long-awaited third Grand Theft Auto 6 trailer will be released on May 18, and TTWO's Rockstar Games will begin to take pre-orders for the game. While the company has not issued an official update, Best Buy ( BBY ) affiliates received emails indicating Grand Theft Auto VI pre-orders are set to go live on May 18 and will remain open until May 21. The game had originally launched with a 2025 release window before being pushed to May 26 of this year and then delayed again to its current November target. The second delay sent Rockstar parent Take-Two Interactive's ( TTWO ) stock down as much as 18% on the day of the announcement, with shares still not fully recovered. In February, Take-Two ( TTWO ) CEO Strauss Zelnick confirmed the November 19 date remains on track and that a marketing campaign is expected to kick off sometime in the summer. Notably, a third trailer also appears to be on the horizon, which could be a TTWO share price catalyst. The game is confirmed for PlayStation 5 ( SONY ) and Xbox Series X|S ( MSFT ) at launch, with no official PC version announced, although the series' history strongly suggests one will follow. Other companies that could benefit to varying degrees from a successful GTA 6 launch include GameStop ( GME ), AMD ( AMD ), Nvidia ( NVDA ), and Logitech ( LOGI ). Starting as a top-down PC game in 1997, the GTA franchise evolved through five major releases over 16 years, including a jump to 3D with GTA III in 2001, beloved entries in Vice City (2002) and San Andreas (2004), and a noteworthy cinematic leap with GTA IV (2008), before GTA V landed in 2013 and became one of the best-selling entertainment. More on Take-Two Take-Two Interactive Q4 Preview: GTA VI Release Can't Come Soon Enough Take-Two Inte...

The firm will now pivot away from scrapping its target for all of its vehicles to be electric by 2040.

U.S. President Donald Trump's summit with Chinese counterpart Xi Jinping could hinge on two key tech flashpoints — critical minerals and market access for American companies. The much-anticipated bilateral meeting between the two countries that were locked in a tariff standoff just a year ago began on Thursday, with warm words exchanged between the two leaders. The discussions will continue into Friday and are expected to cover geopolitics in Taiwan and Iran, as well as key trade topics. But it's issues relating to U.S. and Chinese tech sectors that could be crucial points of discussion and contention, with a roster of key American executives including Nvidia's Jensen Huang, Tesla's Elon Musk and Apple's Tim Cook joining Trump on the plane. Tesla CEO Elon Musk gestures next to Apple CEO Tim Cook and Nvidia CEO Jensen Huang, as U.S. Secretary of the Treasury Scott Bessent, Secretary of State Marco Rubio and Ambassador to China David Perdue stand prior to a welcome ceremony for U.S. President Donald Trump at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images "What is at stake is not just one trip or one headline but the direction of AI supply chains, the shape of future export controls, and the degree to which US chip leadership remains monetizable in China," Wedbush Securities' Dan Ives said in a note from Wednesday. "The presence of Huang, Musk, Cook, and others signals that technology and commerce are among the top US priorities going into the meetings," he added. watch now VIDEO 9:35 09:35 President Trump: Had extremely positive and productive meetings today Squawk Box Market access Access to the world's second-largest economy for U.S. tech companies is a key focus for Trump, with the U.S. president commenting that opening up China for U.S. businesses would be his "first request" to Xi. Beijing welcomed deeper commercial engagement from the U.S., Xi said on Thursday, and "China's door to opening up will onl...

The dot-com bubble began to burst in the spring of 2000, when presidential candidates George Bush and Al Gore emerged from their party conventions, the human genome project unveiled its first draft, and ‘American Beauty’ dominated the Oscars with five awards, including best picture. More than a quarter-century later, however, those same three stocks are leading an old-tech revival that has powered U.S. markets to a series of record highs, paced by an insatiable appetite for all things related to artificial intelligence. Investors are seeing few signs of a pullback like the one during the turn of the century crash that rocked tech markets for a decade.

Key PointsAnthropic and SpaceX just reached a deal.

YETI stock jumped after the company topped earnings estimates, raised guidance, and highlighted strong demand trends and international growth.

UBS Group Issues Positive Forecast for NVIDIA (NASDAQ:NVDA) Stock Price MarketBeat

现在越来越多首创的创新药来自中国，企业需要看到更多“出海”的机会。 随着中国创新药企业正在不同治疗领域和技术路线上展现出显著的专业化和差异化发展策略，全球化市场布局已成为本土药企的必然选择。 14日，由国际药物信息协会（下称“DIA”）主办的“2026药物信息大会暨展览会”在上海开幕，DIA全球首席执行官马尔万·法萨拉（Marwan Fathallah）在接受第一财经记者专访时说，中国市场的巨大机会在于让本土药企和整个生态系统更好地融入全球生态。“市场不仅仅在中国，以前我们有本地生产的仿制药，但现在越来越多首创的创新药来自中国。企业需要看到更多‘出海’的机会，‘更多地引进来，更多地带出去’正是DIA未来期待的领域。” 随着人工智能、细胞治疗等生命科学早期技术的革新不断涌现，资金投资、临床研究、审批及上市报销等各个环节亟需高效配合与无缝连接。马尔万特别提到了目前创新疗法的“成本与可及性”问题。比如面对可能高达两三百万美元的治疗费用，如何在保持创新动力的同时，通过商业保险、政府医疗保障等创新方式解决报销问题，是提高患者可及性的关键。 “举个例子，在非洲他们当地人的购买力和中国、美国以及欧洲都是不可相比的，他们的承担能力要低很多，但是那里的患者们也需要健康，也需要这些新的疗法。”他告诉记者，DIA正协助企业开拓新兴市场，解决跨国审批与制度差异难题。面对非洲地区巨大的医疗需求与有限的支付能力，DIA将于今年12月首周与盖茨基金会合作，在埃及举办“非洲上市科技新峰会”。届时，来自中国、印度、日本、欧美的资金方、生产方及创新企业将共同探讨应对多国不同审批制度的创新解决方案。此外，DIA也计划在拉美地区推进类似的平台对话，依托对生态系统的深刻理解，为企业寻求更高效的全球商业化路径。 针对中国药物走向全球市场的挑战，马尔万说，除了确保药物在科学上的安全有效之外，最大的挑战在于信心与信任的建立——即对数据的信心和对人际关系的信心。 “大家看重的不仅是科学事实和药物质量，对背后人员与关系的信心同样必不可少。”他鼓励中国本土公司积极参与DIA在中国及欧洲、中东、非洲、拉美、日本等全球各地的会议。“通过在这些平台上与全球监管方、支付方、商业领袖及患者权益代表的直接交流，企业能够建立起更加可信赖的关系，这正是DIA汇聚相关方的核心意义所在。” 成立于1964年的DIA至今已有61年的历史，2...

Shares of Cisco Systems (NASDAQ:CSCO) are up roughly 17% in early Thursday trading, putting the stock near $119 after a close of $101.87 on May 13. The jump follows a fiscal third-quarter report that decisively reframed the AI networking competitive narrative. The move makes Cisco the clear single-day leader in networking infrastructure. By comparison, Hewlett ... Cisco Is Up 17% Today: Is It Outperforming Other Networking Stocks Like Hewlett Packard Enterprise and Arista Networks?

最近，中国最大的独立AI算力集群公司，要上市了。 在这一轮全球AI浪潮里，跑出了一批独立AI云公司，也就是所谓的 Neocloud。比较典型的代表，就是CoreWeave和Nebius。 它们做的事情很简单，把最稀缺的GPU算力资源，从传统云厂商体系里“拆”出来，再以更高效率直接卖给AI客户。 但这事在中国没有跑通，因为国内太缺GPU了。可也正因为如此，反而催生出了另一门生意： AI算力集群建设。 因为GPU短缺只是问题的一部分，更大的问题是，如何让有限的算力资源，以更高效的方式跑起来。 而这，恰恰给了基流科技机会。靠着帮客户建设AI 数据中心，公司在过去三年里快速增长。 招股书显示，2023年、2024年和2025年，公司营收分别为3180万元、3.25亿元和5.20亿元，两年时间翻了超过 16 倍。 更夸张的是，这家公司成立于2023年2月。 也就是说，只用了3年多时间，它就已经走到了港股IPO门口。某种程度上，这家公司本身，就是这一轮中国AI基础设施狂飙的缩影。 今天，硅基君就带你聊聊这家“AI集群包工头”。 做AI数据中心建设的“包工头” 很多人对 AI 算力有一个误解：只要买到足够多的高端 GPU，大模型就能顺利跑起来。 但其实并非如此，即使单卡算力再强，如果不能把成千上万张 GPU 高效连接起来，那也只是“纸面算力”。 因为大模型训练，本质上是一个极其复杂的分布式系统问题。尤其随着GPU数量增长，复杂度还会呈现非常明显的非线性上升。 原因很简单，今天的大模型训练，本质上是在疯狂增加 GPU 之间的通信。 无论是数据并行、张量并行、流水线并行，还是 MoE（混合专家），核心都离不开一件事——GPU 之间不断同步参数、交换数据。 于是，一个问题开始越来越突出：GPU 算得越来越快，但网络却没跟上。 在AI 集群里，有一个非常经典的问题：“带宽墙（Bandwidth Wall）”。 也就是说，数据传输速度，开始跟不上 GPU 算力增长。最终结果就是，大量 GPU 空转。 哪怕是 NVIDIA、OpenAI 这样的顶级玩家，大规模训练时，MFU（模型浮点运算利用率）很多时候也只有 40%—50% 。所谓 MFU就是，到底有多少算力真正被模型训练利用了。 MFU 差10%，背后可能就是数亿美元级别的算力成本差距。 从这个角度上说，能不能把成千上万张 GPU 真正稳...

OlekStock Fresh inflation data is raising new concerns on Wall Street after updated estimates from Bespoke Investment Group pointed to a sharp acceleration in the Federal Reserve’s preferred inflation gauge for April. According to a Bespoke investment model, recent Consumer Price Index and Producer Price Index data imply that Core Personal Consumption Expenditures inflation could rise at a 4.6% annualized pace for the month. If realized, the reading would mark one of the strongest monthly increases in core inflation since late 2023 and reinforce fears that price pressures remain deeply embedded across the economy. The projection also suggests year-over-year core PCE inflation could climb to its highest level since October 2023, while the three-month annualized trend would move back above 3%. Such an outcome could complicate expectations for Federal Reserve interest-rate cuts later this year. Markets have increasingly reassessed the outlook for monetary policy following a series of hotter-than-expected inflation readings, with investors closely monitoring whether sticky services costs, housing inflation, and broader pricing pressures continue limiting progress toward the Fed’s 2% inflation target. Market Tracking ETFs: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). Fixed Income ETFs: ( TLT ), ( TLH ), ( IEF ), ( IEI ), ( SHY ), ( SGOV ), ( SCHO ), ( BIL ), ( AGG ), ( BND ), ( VCIT ), ( MUB ), ( MBB ), ( JNK ), ( LQD ), ( HYG ), ( VTIP ), ( TIP ), ( SCHP ), ( STIP ), ( TIPX ), ( SPIP ), ( WIP ), ( GTIP ), ( LQDI ), and ( RINF ). More on markets Hot CPI and PPI reports ignite new inflation fears U.S. Misery Index climbs to 3-year high as inflation and unemployment rise US2Y reclaims 4% as yields climb on hotter than expected PPI report Trump says trade talks will take center stage in high-stakes summit with Xi SpaceX may become the larges...

立陶宛外长周四表示，美国正施压立陶宛，允许白俄罗斯使用其主要港口出口化肥。 目前这类化肥出口正受到欧盟制裁限制。 被问及美国是否正施压维尔纽斯恢复相关出口时，立陶宛外长Kestutis Budrys称：“局势正在发生变化…… 我此前一直表示没有相关动向，但如今可以确认，来自美国的额外施压已经出现。” 不过Budrys向记者表示，立陶宛支持欧盟对白俄罗斯钾肥实施制裁，在制裁生效期间，不会讨论恢复出口事宜。 责任编辑：陈钰嘉

来源：中国新闻社 编者按 14日晚，国家主席习近平在人民大会堂金色大厅为美国总统特朗普举行欢迎宴会。特朗普致辞中时提及，孔子雕像被镌刻在美国最高法院的门楣。 美国最高法院门楣为何有孔子像？中新社“东西问”曾就此专访美国汉学家万百安，对此作出独家解读。特重刊此文。 中新社记者 陈孟统 美国最高法院大楼建成于1935年，由美国建筑师卡斯·吉尔伯特（Cass Gilbert）设计。这座位于首都华盛顿第一街的建筑正门朝西，与国会大厦隔街而望。然而这座大楼的一些建筑设计细节与构思，却远不如最高法院作为美国司法权象征那般为人所熟知。 就连美国最高法院官方网站的简介中也这样写道：“游客往往注意不到最高法院大楼东侧的尖顶和廊柱。这里的雕像群由赫蒙·麦克尼尔（Hermon Atkins MacNeil）雕刻，主雕像是伟大的立法先贤，摩西、孔子和梭伦，两侧人像浮雕象征着执法、仁慈、解决各州之间争端、海事和其他最高法院的职能。” 来源： 中新视频 为何孔子像会雕刻在美最高法院的门楣之上？美国汉学家、美国瓦萨学院哲学教授万百安（Bryan W． Van Norden）接受中新社“东西问”独家专访，探寻中国哲学思想曾经对美国的影响，以及为如今的中美关系所带来的启发。 万百安研究中国哲学逾30年，曾翻译《孟子》等多部中国哲学经典。他一直倡导哲学教育应打破以西方为中心的视角，摒弃偏见与误解。他的近著《哲学上的拨乱反正：多元文化哲学宣言》中文版也即将与读者见面。 来源： 中新视频 《【东西问】美国最高法院门楣为何有孔子像？ 》 立法先贤的寓意与文明借鉴 中新社记者：孔子像为什么会出现在美国最高法院的门楣上？这个细节好像许多美国民众也不太了解。 万百安： 最高法院大楼东西两侧门楣各有一组雕像群。西侧正门上方中心雕像是正义女神，她周围还有一些具有象征意义的雕像。东侧门楣人们不常看到，因为这里不是主入口。如果只是来参观最高法院大楼、出差或者旅游，通常你只会看到西侧门楣。但东侧门楣非常有意思，中心雕像群从左至右，依次是孔子、摩西和古希腊立法先贤梭伦。 中新社记者：这尊孔子雕像的设计寓意是什么？在为数不多的中文简介中，有的说法认为孔子是道德的象征，也有人认为他在此是教育的化身。 万百安： 这组雕像的设计者麦克尼尔曾说，他是用这三个人物来代表美国文明的东方起源。东方起源的象征，出现在美国最高法院东侧的门楣上，...

Hong Kong health authorities have opened an investigation into an alleged medical blunder involving an improperly sealed catheter that led to the death of a 75-year-old man following a heart procedure at Tuen Mun Hospital. The Hospital Authority said on Thursday that the patient, who had a history of chronic obstructive pulmonary disease and high cholesterol, was admitted on Wednesday last week after his respiratory condition worsened. His health deteriorated further following an acute heart...

h3ct02 Shares of Wolverine World Wide ( WWW ) are rallying into Thursday’s open after reporting strong first quarter results that underscored robust demand for its active footwear despite price increases. Led by its Merrell and Saucony brands, Wolverine ( WWW ) generated 11% more revenue in the first quarter, exceeding expectations by $8M and contributing to a profit of $0.25 per share, up 32% year-over-year and 3 cents better than anticipated. To offset the impact of U.S. tariffs and increased COGS, the company raised prices and shifted towards more full-price sales, maintaining its 47.6% gross margin. Adjusted operating margin, however, improved by 140 basis points to 7.7%. By brand, sales generated by its Saucony and Merrell brand increased by 20% and 13%, respectively, while Sweaty Betty sales were up by just 1.5%. Wolverine sales fell 2.5%. For FY26, Wolverine World Wide ( WWW ) continues to expect revenue to be within a range of $1.96B and $1.985B, representing growth of 4.6% and 5.9% year-over-year but slightly below the consensus estimate at the midpoint. Profit guidance was raised, however, now expected to be within a range of $1.43 and $1.58 per share from prior outlook of $1.35 and $1.50 per share, with the $1.50 midpoint of the new range 4 cents better than estimates. Other estimates for the year include a 9.5% adjusted operating margin, up 50 basis points year-over-year and a 40-basis point improvement from the prior outlook. Gross margin is expected to be ~46.4%, down 90 basis points from a year ago but up 40 basis points from the company’s prior guidance. More on Wolverine World Wide Wolverine World Wide: Good Growth Potential Wolverine World Wide, Inc. 2025 Q4 - Results - Earnings Call Presentation Wolverine World Wide: A Varying, But Good, Performance (Rating Upgrade) Wolverine World Wide GAAP EPS of $0.25 beats by $0.03, revenue of $457.6M beats by $8.04M Wolverine World Wide Q1 2026 Earnings Preview