格隆汇5月21日｜韩国4月PPI月率录得2.5%，创1998年2月以来新高；PPI年率录得6.9%，创2022年10月以来新高。

格隆汇5月21日｜穆迪宣布完成对美国联邦政府评级的定期审查。

Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . It’s been a wild week for Sherritt . As regular readers of this newsletter know, we published a swan song for the Canadian miner’s Cuban ventures after the company said it was giving up on its business on the Caribbean island when pressure from the White House simply became too much. On Tuesday, Sherritt reversed course . After consultations with advisers and government officials, it decided not to proceed with plans to dismantle its Cuban joint ventures. But the more stunning revelation came this morning. Sherritt is in talks to hand a controlling stake to a family office linked to a former adviser of President Donald Trump. The plan is to allow Gillon Capital to acquire enough common shares to own 55% of the miner, at a discount to an already-depressed share price. Gillon is controlled by Ray Washburne, a real estate executive whom Trump appointed in 2017 to head the Overseas Private Investment Corporation before later naming him to the Presidential Intelligence Advisory Board. The reason for the flurry of activity at Sherritt was Trump himself. This month he signed a broad executive order imposing “ new sanctions on entities, persons, or affiliates that support the Cuban regime’s security apparatus,” which could include non-US citizens or businesses involved in Cuba. That led to a series of departures — including the company’s auditor and chief financial officer. The US State Department said it has no objections to Gillon Capital’s engagement with the company. Sherritt has been one of Cuba’s largest foreign investors since it went into business with the Castro regime in the 1990s. It seems the company isn’t ready to give that title up quite yet. But the ownership, and who benefits from any future regime change in Cuba, may be about to change. Also in this newsletter: Canada’s cost for the World Cup . Mark ...

1. How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

李家超：歡迎全球投資者、金融領袖以香港為平台 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】行政長官李家超在一個金融論壇上視像致辭，指當前地緣衝突持續，能源危機未解，全球經濟面臨多重挑戰。認為在「一國兩制」內聯外通等因素下，香港為全球投資者提供一流平台。 行政長官李家超：「在當前複雜多變的國際環境下，我們定當主動作為香港將繼續發揮『背靠祖國、聯通世界』的獨特優勢，為世界搭建對話橋樑，拓展多邊合作空間，與全球共享穩定與增長的豐碩成果。香港不但是穩定的錨，更是增長的帆。我們歡迎全球投資者和金融領袖以香港為平台，把握機遇、共創未來。」

SpaceX said it has sunk more than $15 billion into developing its massive Starship rocket, which is manufactured and launched out of SpaceX’s Starbase facility in South Texas. The company made the announcement in a US Securities and Exchange Commission filing on Wednesday. Advertised as the most powerful rocket ever developed, Starship is SpaceX’s incredibly ambitious vehicle, designed to loft large satellites to orbit and eventually take people to the moon and Mars. It’s also meant to be a fully reusable launch system, with the entirety of the rocket returning to Earth intact after each mission — something that’s never been achieved before in spaceflight history. Back in 2018, SpaceX CEO Elon Musk predicted that Starship would cost between roughly $2 billion to $10 billion to develop. In April 2023, Musk predicted that SpaceX would spend about $2 billion on Starship that year. The rocket is expected to fly on its twelfth test mission as soon as tomorrow, a launch that the company needs to go well . For more on SpaceX IPO filing, click here for our TOPLive blog.

Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Note: In Q1'27 Nvidia changed the presentation of revenue by market platform. Under this, Data Center includes two sub-markets, Hyperscale and AI Clouds, Industrial, and Enterprise. More on Nvidia Nvidia Technical: Potential Mean Reversion Decline Below 236.54 As Earnings Loom Wall Street Lunch: Ex-OpenAI Researcher's Fund Shorts Nvidia, AI Chip Stocks Nvidia Q1 Preview: Data Center Backlash Nvidia slips as Q1 results, guidance top estimates; adds $80B share buyback Nvidia Non-GAAP EPS of $1.87 beats by $0.10, revenue of $81.62B beats by $2.65B

Three Spots/iStock via Getty Images RTX ( RTX ) on Wednesday said its BBN Technologies division demonstrated a communications system designed to maintain secure data connections for combat air support operations even when networks are disrupted by jamming or outages. RTX BBN Technologies has demonstrated a self-healing system that keeps mission data flowing even when networks are jammed (RTX) The project, funded by the Air Force Research Laboratory, centers on a system called PACE4ACE, short for Primary, Alternate, Contingency and Emergency for Agile Combat Employment. The architecture is intended to automatically shift communications traffic between available networks without requiring operator intervention. According to RTX ( RTX ), the system can move between a range of military and commercial communications links, including satellite connections, tactical radios and lower-bandwidth systems. During a recent exercise involving four geographically separated sites, the network reportedly remained operational even when higher-capacity links were intentionally jammed. “When any of the high-capacity links were jammed, the system instantly switched to the next viable waveform,” RTX said in its announcement, adding that the setup kept operational applications synchronized during the test. The effort reflects a broader Pentagon focus on maintaining communications in contested environments, particularly under the Air Force’s Agile Combat Employment strategy, which envisions smaller and more dispersed operating locations instead of centralized bases that could be vulnerable to attack. Dr. Sam Nelson, principal investigator at RTX BBN Technologies, said the goal is to reduce the burden on crews operating in degraded communications conditions. “For warfighters on the ground and in the cockpit, PACE4ACE helps ensure critical data never disappears, even under jamming,” Nelson said in a statement. RTX ( RTX ) said the system is built with a low size, weight and power footprint, ...

NVIDIA (NVDA) Q1 FY27 earnings and revenue beat estimates AlphaStreet

【有線新聞】美國總統特朗普稱願意多花數天等待伊朗就停火方案作出正確答覆，傳媒報道特朗普曾與以色列總理內塔尼亞胡就暫緩軍事行動激烈討論。 早前下令暫緩攻打伊朗的美國總統特朗普稱伊朗局勢處於臨界點，與德黑蘭的談判進入最後階段，不會因美國中期選舉而急於與伊朗達成協議，願意等待對方交出正確答覆。美國總統特朗普：「相信我，若我們收不到正確答覆，很快會行動，我們已準備好，要得到正確回覆，必須是百分百的好答案。（你會等多久？）可能很快，可能數天。」 特朗普聲稱原定周二重啟對伊朗的軍事行動，最終應中東盟友要求推遲，美國有線新聞網絡引述美國和以色列官員，指特朗普這決定令他和以色列總理內塔尼亞胡的分歧加劇。內塔尼亞胡曾與特朗普激烈討論，稱感到失望，認為推遲行動是錯誤。知情人士指，特朗普希望看看能否與伊朗達成協議，而內塔尼亞胡和以色列高層均希望重啟軍事行動。 消息亦指，內塔尼亞胡之前一直不滿美國的做法，有華府官員承認，雙方就戰事目標存有分歧，特朗普則強調兩人立場一致，而他仍掌握主導權。特朗普：「他很好，會做我想他做的事。」 傳媒報道，伊朗外交部指正審視美國新提出的停火建議，革命衛隊警告，若美國再侵略伊朗，戰事將蔓延至區外。

Arm Holdings (ARM) shares rallied on Wednesday after Bernstein initiated coverage on the British chip designer with an “Outperform” rating and a rather bold $300 price target. The upward momentum drove ARM’s relative strength index (RSI) into the late 60s, signaling the stock is now approaching overbought territory, which often triggers a near-term pullback. Arm stock’s performance in 2026 has been nothing short of blockbuster. As of writing, it’s trading up more than 120% year-to-date. What Prompted the Bullish Note on Arm Stock? Bernstein analyst David Dai framed Arm as being at the center of a CPU renaissance, arguing that the structural transition from traditional LLMs to fully autonomous AI agents requires dramatically higher localized computing intelligence that plays directly into Arm’s architectural strengths. The company’s quarterly results provided the fundamental catalyst for this rerating. Arm reported $1.49 billion in revenue, with licensing sales growing 29% year-over-year. Most importantly, data center royalty revenue more than doubled year over year, underscoring its successful penetration into the lucrative server market – and making ARM shares more attractive to own in 2026. Here’s Why ARM Shares Aren’t Out of Juice Just Yet The bull case on Arm shares centers on the company’s transition from a pure intellectual property licensor into what Dai characterizes as an indispensable component of the hyperscaler ecosystem. Major cloud providers, including Alphabet's (GOOG) (GOOGL) Google, Microsoft (MSFT), and Meta Platforms (META), are consistently choosing custom Arm-based silicon over traditional x86 architecture to optimize thermal efficiency as well as computing density. Arm’s launch of its own AGI processor for data centers has transformed the narrative from royalty collector to artificial intelligence infrastructure principal. Customer commitments for that CPU jumped from $1 billion to over $2 billion across fiscal years 2027 and 2028 in just six w...

Google co-founder Sergey Brin is continuing to push deeper into California politics by donating to a group that opposes a proposed tax hike on businesses with highly-paid executives in San Francisco. The $500,000 check is a paltry sum for one of the world’s richest people with a net worth of $304.5 billion, according to the Bloomberg Billionaires Index . But it signals Brin’s desires to shape the state beyond fighting a proposed tax on billionaires and is an early foray into city-level politics. The donation, reported in a filing on Wednesday, is to oppose a proposal that would levy a higher tax on companies that have “overpaid” chief executives that’s being put before San Francisco voters in June. The union-backed proposal would impose an eight-fold increase to a gross-receipts tax on any large company doing business in San Francisco where the highest paid executive earns 100 times or more than their median employee. The measure could generate additional revenue of $250 million to $300 million to the city, according to the city controller’s analysis . It has met opposition from deep-pocketed billionaires like Ripple Labs’ Chris Larsen who warn it could drive companies out of the city and undo efforts to make it more business-friendly. Read more: San Francisco Billionaire Punches Back Against ‘Overpaid’ CEO Tax Brin so far has spent more than $60 million in state politics this year and has been instrumental in rallying a cohort of like-minded tech billionaires. Ultrawealthy donors have spent more than $270 million into state’s politics this election cycle, according to a Bloomberg analysis. Brin recently started a new nonprofit, Compass4, to direct some of his giving. The $500,000 donation against the San Francisco ballot item came through that organization, according to the filing . A representative for Brin did not respond to a request for comment. While much of Brin’s money has been directed to measures to counter a proposed billionaires’ tax, the state “has some...

Where would you like your statue, Mr Emery? Even before this emphatic triumph, Aston Villa supporters could hardly have held their manager in greater esteem. But now Emery, in winning the competition for a record fifth time, has delivered the thing he always wanted, a trophy to show for his transformative body of work. Those who were not around for Rotterdam in 1982 will always cherish Istanbul in 2026. Thomas Tuchel had it right a few years ago when he suggested Uefa may as well rename the Europa League the Unai Emery trophy. Just like 82, it was Villa in white against German opponents in red, this time Freiburg and Youri Tielemans, Emi Buendía and Morgan Rogers the goalscorers. All three goals were sparkling, Tielemans and Buendía scoring beauties to put Villa in the box seat, before Rogers got in on the act. It felt like a procession from the moment Buendía curled a left-foot peach into the top corner with the final kick of the first half and, as a contest, it was a non-event from the moment Rogers struck. Mind you, try telling that to the Villa faithful Continue reading...

(Bloomberg) -- Nvidia Corp., the world’s most valuable company, delivered a sales forecast that drew a lukewarm reaction from investors, even as revenue from data center operators continued to surge. Most Read from Bloomberg Sales in the three months ending in July will be about $91 billion, the company said in a statement late Wednesday. Though analysts estimated $87 billion on average, projections ranged as high as $96 billion, according to data compiled by Bloomberg. Nvidia also dialed up its shareholder rewards, with the company increasing its quarterly dividend to 25 cents a share from a penny. And the chipmaker announced $80 billion in stock repurchases. The outlook let down investors who have grown accustomed to Nvidia shattering expectations. The company also is facing the first major challenges to its dominance in AI computing, with a variety of chipmakers trying to carve out a piece of the business. “Nvidia delivered another beat, but at this point that’s essentially priced in as it keeps beating quarter after quarter,” Emarketer analyst Jacob Bourne said in a note. “The lingering question is whether it can convince investors the AI build-out has durability into 2027 and 2028.” Nvidia shares fell less than 1% in late trading after the results were released. They had gained 20% this year, a performance that outpaced the S&P 500 but lagged most major chip peers. Nvidia is the top seller of so-called AI accelerators, chips used to develop artificial intelligence models. But it faces growing competition from across Silicon Valley. Advanced Micro Devices Inc. has rival processors, and Broadcom Inc. and Alphabet Inc.’s Google are attacking the market with their own technology. For now, Nvidia has an enviable position — with Wall Street predicting that the company’s revenue will account for more than a third of the entire semiconductor sector’s sales this year. Chief Executive Officer Jensen Huang has stuck to his assertions that Nvidia will continue to deliver u...

Micron (MU) Executive Outlines Improved Outlook, Strong Operations at JPMorgan Conference TipRanks

00:00 Speaker A I I think overall the results were as you would have been expected. I mean, it was a a nice beat and night a raise for the the uh the July quarter. Um it'll be interesting to kind of see what Jensen has to say about the the launch of uh Vera Rubin, clearly for the July quarter and to what extent, if any of it is thrown into the guidance there. Uh as far as kind of the the reaction to the to the numbers, I mean, listen, this is a a name that had performed pretty well over the last couple of weeks, not as well as maybe the rest of the chip industry, but that's also should be expected just given the size of this company. But I think most importantly for, you know, the the numbers here is the fact that hey, listen, everything remains intact as far as this AI infrastructure builders is concerned and um you know, we're we're kind of running slightly ahead of expected. 00:54 Speaker B Their forecast is pretty much in line with expectations, but also well above what initially was anticipated in the prior of outlook that the company had provided. We're now seeing about $91 billion in revenue expected for fiscal 2027. What do you make of this support? What do you make of the guidance that the company put out? 01:17 Speaker C Well, the guidance is stronger than expectations. However, people usually, the buy side expects ahead of that, right? So this is why you're not seeing the stock react significantly to the upside. To Angelo's point, I think the report is very solid. It proves that everything is on track. We are going to be looking to hear more about Vera Rubin and specifically for us, Vera itself, the CPU is going to be a very important driver. If that can add several billion dollars of revenue in the second half, that would be an incremental positive to the street expectations. 01:54 Speaker D Dell and Nvidia together announced they had achieved over 5,000 enterprises that had purchased GPU equipped servers. So to me, that's a sign that this technology, wh...

NVIDIA CORP (NASDAQ:NVDA) Delivers Record Q1 Revenue and Earnings Beat, Stock Rises in After-Market Trading ChartMill

Operating expenses declined 66% sequentially GAAP net loss primarily reflected non-cash goodwill impairment; non-GAAP net loss narrowed to $0.3 million Company strengthens platform through asset-light operations, contracted sublease income and recently launched AI infrastructure strategy RANCHO CUCAMONGA, Calif., May 20, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a technology- and data-driven company operating at the intersection of supply chain, infrastructure and digital assets, today reported financial results for its fiscal third quarter ended March 31, 2026. Fiscal third quarter results reflected continued progress in iPower’s strategic operating reset following the divestiture of Global Product Marketing Inc. and the Company’s transition toward a leaner, more asset-light operating model. For the fiscal third quarter of 2026, revenue from continuing operations was $3.5 million, gross profit was $0.8 million, and gross margin was 21.6%. Total operating expenses declined to $1.9 million, compared with $5.6 million in the fiscal second quarter of 2026 and $7.2 million in the prior-year quarter. GAAP net loss attributable to iPower was $(3.5) million, or $(2.38) per basic share for the quarter. The GAAP net loss was primarily driven by a $3.0 million non-cash goodwill impairment, which fully eliminated the Company’s remaining goodwill balance. The impairment did not impact the Company’s cash position or operating cash flows. Excluding this impairment and other non-cash or non-operating items, non-GAAP net loss attributable to iPower was $(0.3) million, or $(0.18) per share, compared with non-GAAP net loss of $(0.7) million, or $(0.70) per share, in the prior-year quarter. “Fiscal Q3 demonstrates that our operating reset is taking hold,” said Lawrence Tan, Chief Executive Officer of iPower. “We significantly reduced our operating cost structure, improved working-capital discipline, and narrowed our non-GAAP loss, despite a smalle...

Exchange-traded funds are fundamentally reshaping how capital is allocated, skyrocketing to a $22 trillion global industry that Bloomberg Intelligence estimates will surpass $50 trillion by 2035. Investors no longer view them simply as vehicles for broad passive exposure. Instead, ETFs have evolved into portfolio “Lego blocks” used to manage cash yields, seek downside protection and access previously difficult asset classes such as Bitcoin. This intersection of ETFs and digital assets is also dr

The nuclear energy market cooled for roughly a decade after the Fukushima disaster in 2011, prompting many countries to pause their nuclear projects. But over the past few years, new decarbonization initiatives, safer nuclear reactors, and the expansion of the AI, cloud, and data center markets have driven more companies to restart their nuclear energy projects. According to the International Energy Agency (IEA), the world's nuclear capacity could increase by more than 50% from 2025 to 2050. To capitalize on that trend, investors should look for nuclear companies that control crucial parts of the global nuclear energy supply chain. Two of those companies are Cameco (CCJ +0.48%) and BWX Technologies (BWXT +2.70%). Cameco Cameco, which mined roughly 15% of the world's uranium in 2025, is the world's second-largest uranium miner after Kazatomprom, Kazakhstan's national atomic company. It's based in Canada, and it operates mines across Canada, the U.S., and Kazakhstan. Expand NYSE : CCJ Cameco Today's Change ( 0.48 %) $ 0.50 Current Price $ 104.02 Key Data Points Market Cap $45B Day's Range $ 103.30 - $ 106.15 52wk Range $ 51.70 - $ 135.24 Volume 2.4M Avg Vol 3.4M Gross Margin 27.44 % Dividend Yield 0.17 % Cameco struggled for years after the Fukushima disaster in 2011. Uranium's spot price plunged from $62.25 per pound in 2011 to $35.00 in 2020, forcing Cameco to temporarily shut down its largest mines and mills. That reduced production throttled its revenue growth. But by the end of this April, uranium's spot price had bounced back to $86.35 per pound. Citi analysts expect it to rise as high as $125 per pound this year, as the resurgent interest in nuclear energy drives the demand for uranium to outstrip its supply. Cameco restarted its mines and mills to meet that soaring demand, but its supply remains tight. Cameco also partnered with Brookfield Asset Management to acquire Westinghouse Electric, one of the world's leading nuclear technology companies, in 2023. That ...

SANTA MONICA, Calif., May 20, 2026--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) announced today that Luke Wood, former President of Beats by Dr. Dre and Vice President at Apple Inc., has been appointed to the company’s board of directors, effective as of May 20, 2026. "We are excited to welcome Luke to Snap’s board," said Evan Spiegel, co-founder and Chief Executive Officer of Snap Inc. "Luke has helped build and scale iconic products and brands at the intersection of technology and culture, and we look forward to benefiting from his insights." "Luke’s creative and operating experience will bring a valuable perspective to our board," said Michael Lynton, Chairperson of the board of directors of Snap Inc. "We are pleased to welcome him and look forward to his contributions in the years ahead." "I’m thrilled to join Snap’s board at such an exciting time for the company," said Wood. "Snap has a strong track record of innovation, and I look forward to working with Evan, Michael, and the other directors." Mr. Wood, age 57, is a co-founder and has served as Chief Executive Officer of Violet St Holdings, LLC since September 2022. From August 2014 to April 2020, Mr. Wood served as President of Beats by Dr. Dre and as a Vice President at Apple Inc. following Apple’s acquisition of Beats. Prior to that, he served as President of Beats by Dr. Dre from February 2011 to August 2014. Earlier in his career, Mr. Wood held various leadership positions at Interscope Geffen A&M and imprint DGC Records. Mr. Wood currently serves as a member of the board of directors of Fender Musical Instruments Corp. He holds a B.A. in American Studies from Wesleyan University. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com...

Samsung, TSMC-Led AI Stocks Rally Spurs Reality Check in Korea, Taiwan Markets Bloomberg

Nvidia (NVDA) Q1 2027 Earnings Transcript The Globe and Mail

北京綠電交易規模首次超過火電 佔總量逾六成 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】北京今年首四個月綠色電力交易規模首次超過煤炭、石油等火力發電，佔總量超過六成。 首都電力交易中心副總經理王立：「今年以來，我們根據企業實際需要把綠電交易周期大幅縮短。多年期的可以按月交易，跨省區的最長十天一次，京津唐地區按周就能辦理。企業用綠電短時間能買到，交易越來越靈活。」 北京1月至4月綠色電力市場化交易達到188億千瓦時，增長超過八成，佔交易總量的六成三，是首次交易規模超過火電。絕大部分的綠電來自新疆、西藏、山西等14個省區。當局指會持續將外省的綠電輸入北京，推動綠電向產業園區、數據中心等重點領域拓展。

格隆汇5月21日｜SpaceX：Anthropic将在2029年5月前每月向公司支付12.5亿美元，而2026年5月和6月的算力提升期间将按较低费率计费。

佛誕｜運輸署督導交通營辦商加強服務 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】運輸署表示，佛誕假期前後預計有大量市民、訪港旅客及跨境車輛使用各陸路口岸，已督導各交通營辦商加強服務。 港鐵會在不同時段因應乘客需求加強東鐵綫來往金鐘至羅湖／落馬洲站的列車服務，高鐵香港段明日至下周一每日加開臨時列車車次往來香港西九龍站及指定內地站點，金巴及皇巴亦會加強服務。

Semiconductor-chip stocks have surged over the past month and a half. We queried investment pros on whether the group has gotten over its proverbial skis.