格隆汇5月15日｜据CME“美联储观察”：美联储到6月维持利率不变的概率为96.8%，累计降息25个基点的概率为3.2%。美联储到7月维持利率不变的概率为93.8%，累计降息25个基点的概率为3.1%，累计加息25个基点的概率为3.1%。

iQoncept/iStock via Getty Images It’s been over three years since the last time I covered OTC Markets Group Inc. ( OTCM ). Since then, the company has been growing at a decent pace; however, investors didn’t care much for it as its share price has gone nowhere compared to the S&P 500 ( SPY ). Unfortunately, I don’t see this changing any time soon, and I believe there may be better places to park your money for now. Everyone is chasing the AI high, and OTCM is not one to offer such growth. Seeking Alpha The most recent results Looking at the revenue numbers for Q1 , we can see that revenues are up 14% y/y to 33.84m, which beat estimates by close to $1m. We can also see the revenue breakdown in more detail to see which segment drove most of the growth. OTC Link came in at $8.6m, up 31% y/y. Market data licensing grew only 2% to $13m, while Corporate services increased 19% to $13.2m. So, we can see that OTC Link and Corporate Services provided the same dollar value improvement, while OTC Link grew the most in terms of percentages. Seeking Alpha “MOON ATS had a substantial increase in trading volume in NMS securities, supported by a growing base of dedicated subscribers,” as per CEO Cromwell Coulson. MOON ATS increased 52%, while usage-based revenue helped OTC Link, which grew 11%. Going over to the company’s efficiency and profitability, Q1 non-GAAP EPS came in at $0.93, which beat estimates by a whopping 32 cents. That was a massive beat and completely surprised analysts. On a GAAP basis, EPS grew 18% to $0.59, which is also respectable growth. Operating profit margin improved 80bps to 25.5%. Adjusted EBITDA increased 14% to $11.2m, which translates into an adjusted EBITDA margin of 32.1%. Primary drivers of operational improvements were the top-line performance, because revenues increased 14%, while operating expenses increased 10%, so we can see operating leverage in action. Let’s take a look at the company’s financial position . In the latest quarter, the company h...

格隆汇5月15日｜富时A50期指连续夜盘收涨0.08%，报15851点。

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Thursday night after the Dow Jones Industrial Average reclaimed the 50,000 threshold, and the S&P 500 closed above 7,500 for the first time. Investors are also keeping an eye on the ongoing summit between the U.S. and China. Dow futures fell by 11 points, or 0.02%. S&P 500 futures dipped 0.03%, and Nasdaq 100 futures rose 0.01%. Applied Materials shares climbed about 2% in extended trading after the semiconductor equipment supplier reported fiscal second quarter results that beat expectations on the top and bottom lines. Cerebras shares rose 4%, extending gains after the artificial intelligence chipmaker's public markets debut. SpaceX is planning to disclose its prospectus as soon as next week , after confidentially filing for an IPO in April, CNBC has learned. Wall Street is coming off yet another positive session, with both the S&P 500 and Nasdaq Composite closing at record highs. The S&P 500 gained 0.8%, while the Nasdaq climbed 0.9%. The 30-stock Dow closed up 370 points, or 0.8%. Stocks have been on a record-breaking tear on a renewed fervor around artificial intelligence. However, a peek under the hood is showing that the overall market is lagging the largest tech companies, a divergence that is increasingly worrying some investors as it suggests a fragile rally. "That broadening trade has really fizzled out," Keith Lerner, investment chief at Truist Advisory Services told CNBC's " Closing Bell: Overtime " on Thursday. "We are seeing some of that, kind of, more subdued action in the economy reflected in areas of the market. But ... it's top heavy with tech, and that's why the broad-based indices are doing fine." Investors will continue to watch what comes out of the U.S.-China summit, which concludes Friday after the two countries go over their policies on trade, tariffs and ...

格隆汇5月15日｜周四（5月14日）纽约尾盘，美国10年期基准国债收益率涨1.28个基点，报4.4816%，日内交投于4.4345%-4.4865%区间，整体呈现出长尾W形反转行情，美国零售销售数据发布后，在北京时间21:50（美股盘初）刷新日低。两年期美债收益率涨4.01个基点，报4.0172%，日内交投于3.9501%-4.0193%区间。02/10年期美债收益率利差跌2.737个基点，报+45.811个基点。10年期通胀保值国债（TIPS）收益率涨2.06个基点，至1.9837%；两年期TIPS收益率涨5.73个基1点，至1.0972%；30年期TIPS收益率跌0.12个基点，至2.7418%。

Phoenix, May 14, 2026 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the fourth quarter and fiscal year ended March 28, 2026 on Thursday, May 21, 2026 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 22, 2026 at 1:00 p.m. Eastern Time.

格隆汇5月15日｜周四（5月14日）纽约尾盘（周五北京时间04:59），离岸人民币（CNH）兑美元报6.7867元，较周三纽约尾盘涨7点，日内整体交投于6.7882-6.7816元区间。

A Look At Micron Technology (MU) Valuation As AI Memory Demand Drives Record Results And Long Term HBM Contracts Yahoo Finance

Micron Technology (MU) is back in focus after reporting record results, along with news that its entire 2026 high bandwidth memory output is contracted to major tech platforms. This underscores AI driven demand and tight DRAM and NAND supply. See our latest analysis for Micron Technology. That AI driven story is showing up clearly in the share price, with Micron’s 30 day share price return of 66.65% and year to date share price return of 146.02% sitting against a very large 1 year total...

BAE Systems Land and Armaments, a unit of BAE Systems ( BAESY ), won a $535.6M fixed-price-incentive contract for production of defense systems. The contract covers self-propelled howitzer systems, military vehicles, and total package fielding kits for the U.S. Army. The work locations and funding will be finalized under each order, based on requirements. The project is being managed by the Army Contracting Command, with an estimated completion date of Dec. 31, 2029. More on BAE Systems plc BAE Systems: Europe's Defense Boom Still Isn't Fully Priced In BAE Systems: Dangerous Valuation In 2026E, Despite Geopolitical Implications BAE Systems plc (BAESY) Q4 2025 Earnings Call Transcript BAE Systems sees steady growth as global tensions drive defense demand Zelenskiy calls for European missile shield as Ukraine seeks faster air defense options

A jury will soon cast a vote and a judge will ultimately decide the outcome of a high-stakes showdown between Elon Musk and Sam Altman over OpenAI , the artificial intelligence startup they founded together more than a decade ago. Lawyers made final arguments Thursday in federal court in Oakland, California, following about two weeks of testimony from the dueling entrepreneurs and other key players in OpenAI’s tumultuous history. Besides offering an in-depth look at h ow the company evolved from a scrappy startup to one of the world’s most powerful and valuable AI companies, the trial laid out the dramatic twists and turns in Musk’s falling out with his fellow co-founders. Read More: As Musk v. Altman Trial Closes, Spectacle and Personalities Rule Musk claims Altman, the startup’s chief executive officer, and OpenAI President Greg Brockman “stole a charity” by exploiting his early support for an altruistic research project so that they could later get rich by turning the company into a profit-driven enterprise with billions of dollars in backing from Microsoft Corp. OpenAI, Altman, Brockman and Microsoft have all denied the allegations, saying Musk’s real motive in suing them two years ago was to gain a competitive advantage for his own startup, xAI , that he launched in 2023. They contend the world’s richest person waited too long to file his suit and that his claims should be rejected because he has engaged in the same conduct he is criticizing. Jurors are set to start deliberations on Monday, but the panel’s findings won’t be binding on US District Judge Yvonne Gonzalez Rogers . She will ultimately decide whether Musk’s claims are supported by evidence, and if so, what remedies are appropriate. Altman Versus Musk: How the Biggest Feud In Tech Landed in Court Musk is seeking as much as $134 billion in damages — to be awarded to OpenAI’s nonprofit arm instead of to himself — as well as the removal of Altman and Brockman from their posts and an order unwinding OpenA...

Nvidia CEO Jensen Huang was added at the last minute to President Trump's high-level delegation to Beijing. The U.S. government approved Nvidia's H200 AI chip sales to major Chinese tech firms, while actual deliveries remain on hold due to Beijing restrictions. The moves come against ongoing U.S. China tensions over AI technology and export controls. Nvidia (NasdaqGS:NVDA) sits at the center of this latest round of AI hardware diplomacy, with its H200 chips now cleared by the U.S. side for...

Fermi (NASDAQ:FRMI), a developer of private AI power campuses, closed Thursday at $7.37, up 22.83%. Shares jumped after Fermi 2.0 disclosures, and a Project Matador update led to a sharp rally. Investors are watching for a binding tenant agreement and progress on governance chang

格隆汇5月15日｜周四（5月14日）纽约尾盘，现货黄金跌0.81%，报4650.98美元/盎司，日内大部分时间维持微幅震荡状态——持稳于平盘4690美元附近，北京时间23:30以来持续下跌。COMEX黄金期货跌1.07%，报4656.40美元/盎司。 现货白银跌4.61%，报83.5150美元/盎司，20:00之前大致持平——纠缠于87美元附近，之后持续下跌。COMEX白银期货跌5.97%，报84.035美元/盎司。COMEX铜期货跌0.66%，报6.5785美元/磅。现货铂金跌3.66%，报2063.28美元/盎司，整体持续走低；现货钯金跌3.36%，报1452.05美元/盎司，整体呈现出Z形走势——16:00之前高位持平、之后持续下跌、22:30刷新日低之后低位持稳。

Trump and Xi set for second day of talks after Taiwan warning Reuters

Apple Inc. | History, Products, Headquarters, & Facts Britannica

Earnings Call Insights: INNOVATE Corp. (VATE) Q1 2026 Management View "For the first quarter, INNOVATE delivered consolidated revenues of $364.8 million and adjusted EBITDA of $19.7 million," said (Interim Chief Executive Officer Paul Voigt), adding that "Infrastructure exited the quarter with strong momentum and a healthy backlog," that "life science, advanced key regulatory and commercial milestones," and that "at Spectrum, we continue to make progress on strategic initiatives that position the business for improved performance ahead." "DBM Global achieved the first quarter revenue of $357.9 million and adjusted EBITDA of $23 million," said (Interim Chief Executive Officer Voigt), while noting that "DBM has seen gross margin compression year-over-year of approximately 140 basis points to 14.2%" and that "maintaining our adjusted backlog of $1.8 billion" supported confidence as "DBM exited the quarter with clear momentum" and "early success in building backlog for 2027." On Life Sciences, (Interim Chief Executive Officer Voigt) said, "MediBeacon continues to make meaningful progress across regulatory, clinical and commercial fronts," including "MediBeacon received the CE mark for the TGFR monitor and TGFR reusable sensor" and multiple IDE approvals; he also stated, "R2 reported worldwide revenue of $1.6 million, while total demand reached $2.2 million," and "R2 continues to execute its strategy, the business is looking to raise external capital to continue its progress through the year." On Spectrum, (Interim Chief Executive Officer Voigt) said, "First quarter revenues was $5.3 million and adjusted EBITDA was $700,000," while "Spectrum continued to experience softness in advertising demand and network cancellations"; he highlighted regulatory-driven expansion actions, including "we filed applications for more than 60 new licenses" and "relocating more than 25 Class A licenses from smaller markets," plus, "Our collaborative project with a mobile wireless carrier con...

Earnings Call Insights: Valion Bio (VBIO) Q1 2026 Management View “This is the first quarterly call I'm privileged to address you under our new identity, Valion Bio. Effective April 28, we completed our transition from Tivic Health Systems to Valion Bio, with our common stock now trading on the NASDAQ Capital Market under the ticker symbol VBIO.” (CEO & Director Michael Handley) “On March 26, we secured and signed a nonclinical evaluation agreement with the National Institutes of Allergy and Infectious Diseases, or NIAID. This targets gastrointestinal acute radiation syndrome.” (CEO & Director Handley) “On May 5… we announced the receipt of the first FDA precedent gastrointestinal study protocol from NIAID for Entolimod. Under this protocol, NIAID will fully fund the BLA-enabling in vivo programs and will support the FDA submission process with us.” (CEO & Director Handley) “In the second half of 2026, we expect to initiate physician-sponsored studies for neutropenia, our oncology supportive care indication. Six institutional sites have shown interest in our program.” (CEO & Director Handley) “On May 6, we celebrated the formal grand opening of our facility in San Antonio, Texas.” (CEO & Director Handley) “Total operating expenses for the first quarter of 2026 were $5.6 million compared with $1.4 million in the first quarter of 2025.” (CFO and Principal Financial & Principal Accounting Officer Lisa Wolf) Outlook “Our priorities for the balance of the 2026 year are clear… in the second half, we expect to initiate physician-sponsored studies in neutropenia.” (CEO & Director Handley) “In the third quarter, we will initiate Entolimod GMP manufacturing validation… We're targeting completion of the Entolimod GMP manufacturing validation by the end of 2026 at Velocity Bioworks.” (CEO & Director Handley) “In our fourth quarter, Entolasta manufacturing and Entolimod pre-BLA meetings will occur… request an Entolimod pre-BLA meeting with the FDA.” (CEO & Director Handley) “Thr...

S&P500, Nasdaq At Record Highs, Dow Regains 50,000 level — AAPL, BA, CSCO, NVDA, CBRS, F In Focus Stocktwits

There is a perception that new Fed chairs are tested by market turmoil.

Source: Bloomberg, 11:57

Memory Wipe: The Great TurboQuant MiscalculationApplied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue and earnings, with executives saying accelerating demand for artificial intelligence infrastructure is reshaping semiconductor equipment spending toward a

3 Small-Cap Stocks With Big Growth PotentialAlliance Entertainment (NASDAQ:AENT) reported higher fiscal third-quarter revenue and profit, with management saying the company is benefiting from a shift toward premium physical media, collectibles and authenticated products aimed at

格隆汇5月15日｜在岸人民币兑美元（CNY）北京时间03:00收报6.7878元，较周三夜盘收盘涨25点。成交量411.66亿美元。

格隆汇5月15日｜布伦特7月原油期货收涨0.09美元，涨幅0.09%，报105.72美元/桶。中东Abu Dhabi Murban原油期货涨0.42%，报104.59美元/桶。NYMEX 6月天然气期货收报2.894美元/百万英热单位。NYMEX 6月汽油期货收报3.6057美元/加仑，NYMEX 6月取暖油期货收报3.9056美元/加仑。

全球财经媒体昨夜今晨 共同关注的头条新闻主要有： 1、 特朗普第一季度进行3，642笔股票交易，打破数十年保密信托惯例 2、 美联储理事米兰称将在沃什宣誓就职时或者略早卸任 3、 报道：SpaceX的IPO招股说明书最早可能于下周公布 4 、 AI芯片制造商Cerebras上市首日飙升75% 此前完成年内最大IPO 5、 苹果与OpenAI合作关系出现裂痕 未来可能爆发诉讼战 6、 道明证券：随着全球库存下降 布伦特原油可能升至150美元 特朗普第一季度进行3，642笔股票交易，打破数十年保密信托惯例 根据本周公布的一份长达113页的政府道德办公室278-T表格披露文件，美国总统唐纳德·特朗普在2026年第一季度进行了3，642笔股票交易。该文件显示，其投资组合较2026年早些时候报告中以债券为主的布局出现了明显转向。 这一交易量平均约为每个交易日60笔。这一节奏打破了自林登·约翰逊以来几乎连续数十年的保密信托安排。 当前这份披露文件长达113页，其中列出了对英伟达、微软、博通、亚马逊和苹果的个股购买记录。每只股票的购买金额在100万至500万美元之间。数百笔单独的卖出交易，每笔金额从15，000美元到2，500万美元不等。 美联储理事米兰称将在沃什宣誓就职时或者略早卸任 美联储理事斯蒂芬·米兰表示，一旦即将上任的主席凯文·沃什宣誓就职，或者甚至在稍早时候，他就会辞去在美联储的职务。 米兰的这一举动在意料之中，因为他在美联储理事会的席位将由沃什接手。 在这封宣布辞职计划的信中，米兰批评了美联储衡量通胀的方式，并表示，如果“不针对这些错误作出调整，就会让失业率升至不必要的高水平，并且对抗的是虚假而非真实的通胀。” 报道：SpaceX的IPO招股说明书最早可能于下周公布 据知情人士透露， SpaceX已于 4 月份 秘密 提交了 IPO 申请 ，计划最早于下周公布其招股说明书。埃隆·马斯克旗下的这家可重复使用火箭公司正接近完成一次预计将创纪录的股票发售。 消息人士称，该公司目标于 6 月 8 日正式启动路演，向投资者推销该交易。由于上市流程前的静默期要求，这些消息人士要求匿名。招股说明书需在路演开始前至少 15 个日历日公布，但消息人士称，SpaceX 及其顾问正力争稍早公布，以便给投资者留出足够时间消化数据，不过时间安排仍可能发生变化。 今年二月，SpaceX 与马斯...

Sundry Photography Zeta Global ( ZETA ) announced on Thursday that it is joining the Open Semantic Interchange (OSI), an open-source initiative led by Snowflake ( SNOW ) aimed at building a common, vendor-neutral standard for semantic data. The goal behind OSI is to fix one major problem in the data and AI world—different companies and tools often define the same business metrics in different ways. Reportedly, OSI tries to solve this by creating one shared system for consistent data definitions across dashboards, analytics tools, and AI models. Following the announcement, Zeta stock rose about ~3.37% to ~$16.58 during the trading session. However, the momentum did not fully hold, and the stock slipped slightly in post-market trading. Snowflake stock , which is closely tied to the OSI initiative, also closed nearly ~1% lower at ~$150.76, reflecting a mixed broader market reaction. From a broader perspective, Zeta is still down ~18.53% YTD, while the S&P 500 ( SP500 ) is up 9.58% over the same period. Snowflake has underperformed more sharply, falling 31.27% YTD. Despite the weakness, Wall Street continues to stay constructive, assigning 'strong buy ratings' for both the stocks, showing that analysts still see long-term potential in both companies. Overall, OSI is seen as a structural step toward better data interoperability across the AI and analytics ecosystem. Zeta said participation in this initiative could help its marketing cloud platform work more smoothly with other enterprise tools, reducing integration issues. While near-term stock action remains volatile, investors are closely watching whether this kind of ecosystem collaboration can support stronger data adoption and AI-driven revenue growth over time. More on Zeta Global, Snowflake Snowflake: Sell Until Expenses Subside And Margins Advance Snowflake: AI Disruption Is An Illusion Snowflake Short-Term Squeeze Makes It A Perfect Play In AI Data Cloud Snowflake in focus as recent checks suggest rising custome...

Oil headed for a weekly gain as the crucial Strait of Hormuz remains effectively closed with efforts to end the war in limbo, prolonging disruptions that have upended global markets. West Texas Intermediate rose toward $102 a barrel, and futures are up amost 7% this week. Brent closed near $106 on Thursday. A US blockade of Iranian ports remains in place, while the vital waterway continues to be treacherous for mariners, with a commercial vessel taken by unauthorized personnel at the entrance to the strait and bound for Iran’s waters. President Donald Trump met with Chinese leader Xi Jinping on Thursday, where they talked about keeping Hormuz open to support energy trade, along with improving American oil flows to the Asian nation, according to a White House official. China’s official readout didn’t include energy in the list of topics they discussed, although it did say they talked about the Middle East. The war has driven global oil inventories down at a record pace, and the market will remain “ severely undersupplied ” until October, even if hostilities end next month, the International Energy Agency said this week. US data on Tuesday underscored how the conflict is reigniting inflation , heaping domestic pressure on Trump ahead of midterm elections in November. “I think the path of least resistance very near term for prices remains more to the bullish side as we continue to see crude oil and fuel inventories contract,” said Dennis Kissler , senior vice president for trading at BOK Financial Securities Inc. “Since the current agreements are far apart, escalation of tensions are more likely than not.” To get Bloomberg’s Energy Daily newsletter in your inbox, click here . WTI for June delivery was 0.7% higher at $ 101.83 a barrel at 6:07 a.m. in Singapore. Brent for July settlement closed little changed at $105.72 a barrel on Thursday.

Source: Bloomberg, 32:13

格隆汇5月15日｜美股三大指数集体收涨，纳指涨0.88%，标普500指数涨0.77%，道指涨0.75%。其中，纳指、标普500指数续创新高，道指三个月以来首次收于50000点上方。英伟达七连涨，日内涨超4%，续创新高，总市值5.71万亿美元。台积电涨4.48%。 人工智能芯片制造商Cerebras System上市首日大涨超68%。美股AI光互联龙头POET大涨超43%；消息面上，公司和光互连基础设施平台Lumilens合作，推动晶圆级光子集成。博通大涨超5%，总市值达2.08万亿美元。福特汽车涨超6%，近两日累涨超20%。波音收跌4.7%，创去年10月份以来最大单日跌幅。高通跌逾6%，美光、英特尔、闪迪均跌逾3%。 纳斯达克金龙中国指数收收跌3.37%，热门中概股里，美团收跌7.6%，百度跌4.9%，蔚来、拼多多跌4%，理想、腾讯、小鹏、阿里巴巴、网易至少跌约3%。