Global economies will run on blockchain technology and Ethereum will be the big winner, Consensys CEO Joseph Lubin has reportedly said. "We're moving into a world where essentially the entire economy is going to be tokenized," Lubin said on May...

5月7日与8日，中国大模型行业在48小时内密集释放了逾百亿美元的融资信号。 月之暗面率先宣布完成约20亿美元的新一轮融资，投后估值突破200亿美元（约1358亿人民币）。仅隔一天，消息人士向多家媒体透露，DeepSeek正在推进成立以来首次外部股权融资，目标规模最高达500亿元人民币（约73亿美元）。若这一国内人工智能企业史上规模最大的单轮融资成功落地，DeepSeek估值或直指3500亿元（515亿美元）。 同期，阶跃星辰近25亿美元的融资消息也在市场上快速发酵，三笔融资合计将这一波资本浪潮推至百亿美元量级。 五年前，中国AI创业公司的估值坐标还局限在“百亿人民币俱乐部”的范畴内，如今千亿级人民币已成为头部玩家的基本刻度。DeepSeek和月之暗面的融资能真正构成行业分水岭，不仅在于金额本身，也源于它们揭示了两种截然不同的生存路径。 月之暗面走的是典型的高融资、快速商业化、全球扩张路线：成立两年多以来，累计融资已超过376亿元，为国内大模型创业公司之最，收入结构在过去半年间完成了从C端订阅主导到B端API驱动的结构性转换，海外收入在Kimi K2.5大模型上线后已全面反超国内。而DeepSeek走的则是一条从不融资、不商业化、不路演转向资本化运作的路径。 两笔融资折射出同一个深层信号，中国大模型的估值叙事正在从“技术理想”全面切换至“战略资产定价”。 在全球GPU管制持续收紧、开源社区下载量突破百亿次、产业资本深度介入的多重叠加之下，这两家公司站在了同一条分界线上。一侧是中国大模型能否真正跑通商业化闭环的市场考验，另一侧是算力自主化进程能否支撑万亿参数模型持续扩张的产业底线。它们的融资故事，正在共同重写中国AI竞争的价值锚点。 开源共识下的路线分野，基础设施与能力服务的估值岔口 2026年春季，DeepSeek与月之暗面在技术路线上截然不同的选择，直接塑造了资本市场对两家公司的估值逻辑。理解这一轮融资的核心，不在于参数的多少或跑分的座次，而在于两条技术路线各自指向了怎样的收入结构和成本模型，这正是投资人定价的底层框架。 DeepSeek V4预览版于4月24日上线并同步开源，以自研CSA+HCA混合注意力架构，将百万上下文算力需求压缩至前代的十分之一。上线次日，DeepSeek便宣布价格下调75%，V4-Flash低至0.0029美元/百万Token，这标志着大模...

Big tech stocks are proving to be a safe bet for equity investors looking for a harbor in a “fragile” market brought about by the Iran war, according to Seema Shah at Principal Asset Management. Investors want strong balance sheets and positive cash flows, “the moat that sits around a lot of companies — and of course AI technology comes right at the heart of that,” Shah, chief global strategist at Principal, said Wednesday on Bloomberg Television’s Surveillance . “People are looking for something which is almost something of a safe haven.” Tech stocks’ role as a refuge marks something of a reversal from their historic role as high-risk, high-reward options compared with other equities and US Treasuries. They’re leading gains on the S&P 500 Index this quarter after dropping more than 9% the first three months of 2026, the sector’s first losing period in a year. Intel Corp., Advanced Micro Devices Inc. and Micron Technology Inc. are all up more than 100% this quarter. Chipmakers fell Tuesday , sending broader markets lower, after inflation data showed the effects of energy disruptions stemming from the war in Iran. But with Nasdaq 100 futures higher to start the day on Wednesday, the decline could prove to have been a pause following a surge of more than 50% since March 31. Shah warned that tech stocks aren’t immune to potential consequences of the war . Many of the inputs for semiconductor production come via the Strait of Hormuz, which has largely been shut by both Iran and a US naval blockade. “So much is still dependent on how this conflict is going to go,” Shah said. “There is a lot of optimism built into the market at the moment, which creates vulnerability.” Still, the declines in the immediate weeks after the start of the war in February presented an opportunity, Shah added. For long-term investors, there’s a chance “to get exposure to something which we believe is a secular theme, which is going to be here for a number of years, potentially decades,” she said...

Rivian has quickly built a reputation as one of the auto industry's leaders when it comes to vehicle software. Its clean-sheet approach to an electric vehicle's electronic architecture earned it a $5 billion investment from Volkswagen Group, and its in-house infotainment system is beloved by owners despite no plans inside the company to support phone mirroring through Apple CarPlay or Android Auto. In the absence of phone mirroring—and the way it lets you easily use Siri or Google Assistant hands-free while driving—Rivian has now added a new AI digital helper in its latest software update, compatible with both older Gen1 Rivians (model-year 2024 and older) as well as the more recent Gen2 models . Rivian's AI is deeply integrated into the car's systems. Rivian's AI is deeply integrated into the car's systems. The Rivian Assistant rolled out in its latest software update , 2026.15, to all owners with a subscription or trial for Connect+, Rivian's connectivity services. You activate it like most digital assistants, either with a button on the steering wheel, an icon on the infotainment display, or with a trigger phrase—in this case "Hey Rivian" or "OK, Rivian." Read full article Comments

A North Sea oil grade that’s central to setting the world’s most important physical crude price traded at a discount for the first time during the Iran war, as immediate fears ease of a supply shock in Europe. The key Forties grade, one of several that help to decide the price of Dated Brent, traded at a discount to the benchmark of 30 cents a barrel on Tuesday. It previously did so on Feb. 27, the day before the war began and Iran responded by closing the Strait of Hormuz, choking hundreds of millions of barrels of global supply. The decline reflects what traders in Europe say is a market that has proven relatively resilient because the region draws comparatively little oil from the Middle East. At the same time, the wider supply shock from Hormuz has been partly absorbed by Chinese buying sagging, and US exports surging. With arbitrage flows from the Atlantic Basin to Asia still largely uneconomic, most cargoes from the North Sea, Caspian region and Azerbaijan have been directed toward European refineries, said traders involved in the market. At the same time, crude shipments from the US Gulf Coast have been rising, including some barrels released from the Strategic Petroleum Reserve. West African producers have also been attempting to divert more cargoes to Europe as demand from Asian buyers, especially China, remains subdued, traders said. Flows from Latin America into Europe have increased as well. Vitol Group on Tuesday bought a cargo of Forties crude from Italy’s Eni SpA at a discount of 30 cents a barrel to Dated Brent in the Platts pricing window that helps set the North Sea benchmark. Derivatives known as Brent dated-to-frontline swaps, or DFLs, have also come down sharply from spreads above $20 a barrel. DFLs are used to hedge the difference between the price of physical North Sea crude and Brent futures. Still, traders and analysts cautioned that weakness in the North Sea market could prove temporary if the Middle East conflict drags on.

算力租赁商Nebius在 电话 会议中将2026年资本支出指引上调至200亿-250亿美元之间，支出增加并不反映成本压力。

仁智股份公告，公司于2026年5月13日收到控股股东、实际控制人陈泽虹女士的通知，陈泽虹女士正在筹划公司控制权变更相关事宜，该事项可能导致公司控股股东、实际控制人发生变更。本次控制权变更拟转让的股权比例为总股本的19.51%。公司股票自2026年5月14日开市起停牌，预计停牌时间不超过2个交易日。

5月13日，A股智能电网概念全线走强，多股封板涨停。 金盘科技（688676.SH）、通光线缆（300265.SZ）、万控智造（603070.SH）、协鑫能科（002015.SZ）等批量冲高，板块热度触及年内高点。 在能源与数字共振下，智能电网概念正迎来一场确定性的价值重估。 AI算力狂飙，智能电网进入长周期上行通道 AI算力的狂飙，正以惊人速度改写能源格局。摩根士丹利测算，2025至2028年，美国AI数据中心将直面55GW电力缺口。全球超大规模云服务商资本开支，从4500亿美元上调至8000亿美元，增幅近八成。算力军备竞赛的背后，是电网必须跟上的供电韧性。 国内信号同样清晰。“十五五”期间，国家电网固定资产投资预计达4万亿元，较“十四五”增长40%。特高压、智能配网、新型储能、算电协同，成为四大主攻方向。跨区跨省输电能力提升超30%，为“沙戈荒”清洁能源外送铺路。 5月以来，行业事件密集落地。雄安新区落地国内首个城市电网主配一体调度智能体，故障处置秒级响应；海上风电柔直并网电能质量国际标准立项，中国牵头制定规则。技术突破与政策加码同频，智能电网从基建配角，跃升为数字经济的能源底座。 市场规模正迎来量级跃迁。2026年全球智能电网规模预计747.2亿美元，2030年有望突破1350亿美元，年复合增速超16%。中国市场率先破局，整体规模直指1.2万亿元，软件与服务占比快速提升，行业由“重硬件”转向“重数据、重运营”。 从产业链角度看，智能电网不是单一赛道，而是覆盖源、网、荷、储的完整生态。 上游发电侧，风光水核多元发力，新能源并网倒逼电网柔性升级；中游输配电是本轮核心战场，特高压成为能源“高速公路”，一条±1100千伏线路年输电超600亿千瓦时，损耗仅为传统方式的1/3；下游用电与调度侧，智能化渗透加速，智能电表、采集终端构成用电“神经网络”；虚拟电厂聚合分布式资源，参与调峰调频。 整条链呈现清晰格局：设备龙头稳基本盘，专精特新吃增量，数字化与出海成为第二增长曲线。 电表小巨人，藏着电网终端的大未来 过去一年，智能电网板块走出结构性牛市。截至5月12日，51只个股区间涨幅超100%，最高涨幅超10倍，资金对高壁垒、高景气标的极度偏爱。 长飞光纤（601869.SH）以超1000%涨幅领跑，通信与电网双逻辑加持；杭电股份（603618.SH）、胜宏科技（300476....

Iconic founders and long-tenured CEOs rarely walk away entirely. They migrate to the executive chairperson seat, retaining board voting power, equity alignment, and strategic influence. The pattern signals whether a handoff is clean and time-boxed or whether it carries shadow-CEO risk and strategic drift. Here is how seven landmark transitions compare. 7. Bill Gates, Microsoft ... From Bill Gates to Tim Cook: 7 Iconic CEOs Who Chose Executive Chair Over Retirement

The SEC requires companies to disclose the ratio of CEO pay to the median worker pay. According to the Apple (NASDAQ: AAPL) proxy, “2025 annual total compensation of our CEO was $74,294,811, the 2025 annual total compensation of our median compensated employee was $139,483, and the ratio of these amounts is 533 to 1. “ ... Apple’s CEO Cook Made 533 Times More Than Workers

ASML (NASDAQ: ASML) serves an essential role in the artificial intelligence (AI) supply chain. It leads in the critical equipment used to make chips, and it's seeing solid revenue growth as investment floods into AI data centers. Even though the stock has more than doubled over the past year, Wall Street still appears to be underestimating demand for this company's most advanced chipmaking machines. Image source: ASML. Continue reading

Plug Power's dramatic margin recovery and strategic execution are positioning it as a key leader in the hydrogen economy as it moves toward profitability.

The watchdog says it is assessing concerns raised about charitable spending by The Anti-Slavery Collective.

意大利能源集团Eni已委托 摩根士丹利 协助其向Apollo、KKR和Stonepeak等投资机构筹集资金，这可能是一项以其浮式液化天然气资产支持的交易，三位知情人士透露。 交易尚处早期阶段 消息人士谨慎表示，Eni与这些基金之间的接触尚处于早期阶段，交易能否完成尚不确定。其中一位消息人士称，任何潜在交易预计将为Eni带来至少10亿欧元的资金。 此举符合Eni更广泛的战略，即利用基础设施基金的投资来帮助释放资本用于新项目。 特殊目的实体结构 据消息人士称，正在讨论的一项方案是，基础设施基金将向一家特殊目的实体注入初始现金，该实体将有权获得来自FLNG资产的付款。 Apollo、Eni、KKR、摩根士丹利和Stonepeak均拒绝置评。 FLNG资产受关注 Eni与基础设施基金的谈判正值欧洲和亚洲在全球市场上争夺LNG货物之际，而伊朗战争的影响已导致供应中断。 Eni在建立和运营所谓“浮式装置”方面积累了丰富经验，包括三个浮式液化天然气装置，这些装置处理并液化来自莫桑比克和刚果海上气田的天然气，以出口到国外市场。 未来部署计划 Eni计划在莫桑比克部署另一个浮式LNG平台，该项目可能耗资超过70亿美元，并计划在2030年前在阿根廷为国有石油公司YPF部署两个平台。 另一消息人士称，处于交易中心的这些资产将使投资者能够涉足非洲和中东以外其他地区，从而实现与仍深陷伊朗战争的地区的多元化布局。 责任编辑：张俊 SF065

In this article NVDA Follow your favorite stocks CREATE FREE ACCOUNT U.S. President Donald Trump participates in an arrival ceremony at Beijing Capital International Airport during his visit to the country, in Beijing, China, May 13, 2026. Evan Vucci | Reuters U.S. President Donald Trump has landed in Beijing for a highly anticipated presidential summit with his Chinese counterpart, Xi Jinping. Trump is being accompanied on the trip by a group of executives from some of America's most valuable companies, including Tesla CEO Elon Musk and Nvidia boss Jensen Huang. On Thursday, Trump is scheduled to participate in a welcome ceremony and hold a bilateral meeting with Xi, before touring the historic Temple of Heaven and attending a state banquet. He will leave China on Friday, following tea and a working lunch with Xi. — CNBC's Evelyn Cheng contributed to this report. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

AFL260618P00120000 互動股市圖表 | AFL Jun 2026 120.000 put 股市 Yahoo 財經

摩根士丹利 于周三上调了标普500基准指数全年目标位，称在美国企业持续交出强劲财报的支撑下，美股仍有充足上涨空间。 这家券商将标普500全年目标从7800点上调至8000点，较该指数周二7400点的收盘价仍有8%的上行空间。 基于人工智能大范围应用带来效率提升、企业定价能力改善的预期，机构将2026年标普500成分股每股收益（EPS）预估定为339美元，同比大幅跃升23%。 摩根士丹利表示：“我们看多指数的核心逻辑来自盈利增长，而非估值倍数扩张。”机构补充，随着市场对短期降息预期降温，股市估值或小幅收敛。 伦敦证券交易所集团（LSEG）数据显示，截至5月8日，已有440家标普500成分股披露一季报，其中83.2%的企业业绩超出分析师预期。 该基准指数4月录得2020年11月以来最大月度涨幅，凸显即便中东冲突持续，美股近期反弹势头依旧强劲。 摩根士丹利称：“未来12个月，在正向经营杠杆延续、叠加人工智能应用进一步赋能的背景下，盈利景气将带动美股持续震荡复苏。” 机构补充表示，即便面临地缘政治风险、私人信贷隐患以及AI行业格局重构，企业盈利依旧展现韧性，这支撑了其乐观判断；但同时也警示，通胀仍是看多逻辑面临的最大风险。 摩根士丹利将标普500指数2027年年中目标上调至8300点，并预测成分股2027年每股收益为380美元，2028年升至429美元。 机构指出：“正向经营杠杆、轻量化运营与AI落地、企业定价能力修复，以及保持景气的AI资本开支周期，是我们看好企业盈利的四大核心驱动力。” 本月早些时候，汇丰银行、 加拿大皇家银行 也同步上调标普500预期，反映华尔街对美股后市乐观情绪持续升温。 在另一份研报中，摩根士丹利将明晟欧洲指数（MSCI Europe）2027年年中目标从2600点上调至2700点。 摩根士丹利补充道：“我们的目标预测基于霍尔木兹海峡未来数月恢复通航的前提，届时资金流向将再度拓宽，欧洲股市有望阶段性补涨、追随美股强势行情。” 责任编辑：江学思

JHVEPhoto AMD ( AMD ) was downgraded at Daiwa Securities on Wednesday, as the investment firm said the recent share price rise could “moderate” in short order. Shares rose 1.3% in premarket trading. Led by Dr. Lisa Su, AMD has “multiple vectors for growth,” but analyst Louis Miscioscia said given the near 150% jump in the stock over the past two months, the growth could “moderate.” Miscioscia lowered his rating on AMD to Outperfrom from Buy, but he upped his price target to $500 from $250. More on AMD AMD's Next Leg Higher Has Already Started AMD: ~110% Up And Nowhere Near Done (Rating Upgrade) AMD: $600 Target Appears Too Low Marvell in focus as AMD discloses stake SA analyst upgrades/downgrades: AMD, PLTR, VET, PSIX

JHVEPhoto AMD ( AMD ) was downgraded at Daiwa Securities on Wednesday, as the investment firm said the recent share price rise could “moderate” in short order. Shares rose 1.3% in premarket trading. "AMD has multiple vectors for growth, x86 servers to grow over 70% in 2Q, Embedded finally returning to growth, but most importantly sales of Ml355 now and a big ramp for Ml450 in 2H26 and beyond," analyst Louis Miscioscia wrote in a note to clients. "Even with that, given the appreciation of almost 150% over the past 60 days, near term it could moderate, so we lower our rating to 2/Outperform from 1/Buy." Despite the downgrade, Miscioscia upped his price target to $500 from $250. (This story has been updated to provide additional analyst commentary.) More on AMD AMD's Next Leg Higher Has Already Started AMD: ~110% Up And Nowhere Near Done (Rating Upgrade) AMD: $600 Target Appears Too Low Marvell in focus as AMD discloses stake SA analyst upgrades/downgrades: AMD, PLTR, VET, PSIX

财联社5月13日讯（记者 高艳云） 2026年券商监管持续保持高压态势。截至5月13日，年内券商罚单共计112张，密度高达月均近30张，上述罚单波及多达46家券商。 透过百张罚单数据表象，当前券业的监管逻辑与合规生态正呈现四大显著特征： 一是违规主体集中化。年内共有13家券商罚单数量超过3张，其中有券商因同一事项接连受罚，且“机构+个人”的双重追责成为推高罚单数量的重要诱因。 二是内控失效成病灶。经纪、投行及持续督导业务虽是违规高发区，但监管频频提及的“公司治理与内控”问题，才是引发违规的根源所在。 三是罚单高度集中于金融活跃区域。上海、浙江、北京、深圳四地证监局合计出具罚单47张（占比41.96%），折射出核心金融区的监管执法力度与颗粒度持续加大。 四是问责机制穿透化。“双罚制”已全面常态化，券商机构（65起）与自然人（47起）的罚单数量高度接近，标志着监管“穿透式追责”已彻底打破个人违规的侥幸心理。 46家券商收罚单 易董数据显示，年内共有13家券商罚单数量超过3张。其中， 天风证券 以10张罚单位居首位， 金融街 证券（7张）、中山证券（6张）、 中泰证券 （5张）紧随其后。 此外， 中信建投 、 国泰海通 （含海通证券时期罚单）、 中金公司 （含中金财富）等头部券商也因4张罚单备受关注。有3张罚单的券商有5家，分别是 广发证券 、 华林证券 、 信达证券 、 华泰证券 。 其余33家券商罚单数量均为1到2张，有2张罚单的券商有13家，具体为 第一创业 、渤海证券、 长江证券 、东方花旗证券、 浙商证券 、万和证券、湘财证券、 华西证券 、财信证券、中天国富、德邦证券、大同证券、国投证券。 有1张罚单的券商有20家，分别是 中信证券 、 中国银河 、 财达证券 、华龙证券、 光大证券 、 东吴证券 、中德证券、 国信证券 、联储证券、 国元证券 、五矿证券、 东兴证券 、 山西证券 、申港证券、 东方证券 、 太平洋 、金圆统一证券、爱建证券、华金证券、国新证券。 经纪、督导、投行罚单较多 从违规类型来看，证券经纪业务（34张）、持续督导（19张）及投行业务（18张）是罚单最密集的领域。值得注意的是，涉及“公司治理和内控”的罚单高达45张，远超单一业务条线的违规数量。此外，人员资格与从业规范类罚单有22张。 这表明，当前的监管焦点已不再局限于具体的业务操作瑕疵...

在2026财年Q4财报分析师电话会上，阿里CEO吴泳铭表示，本季度自由现金流是负数，是源于过去一年在AI方面的投入，未来两年的投入仍会坚定持续，因为这对于阿里是关键的窗口期。AI的投资回报非常确定，目前服务器没有一张卡是空的，客户的需求无法完全满足，排队得还很多，模型的价格预计未来还会上涨。（科创板日报）

格隆汇5月13日｜德国3月未季调经常帐录得236.35亿欧元，为2025年3月以来最大顺差；前值为220亿欧元。

The latest look at wholesale prices points to even higher inflation in the next month or two. The producer price index jumped 1.4% in April to mark the biggest rise in four years.

国际能源署在周三发布的月度石油市场报告中表示，由于美以对伊战争对中东石油生产造成严重破坏，今年全球石油供应将无法满足总需求。 该机构称：“由于霍尔木兹海峡的油轮运输仍受到限制，海湾产油国的累计供应损失已超过10亿桶，目前有超过1400万桶/日的石油生产中断，这是一次前所未有的供应冲击。” 报告称，其基本情景预测是，从第三季度起，通过霍尔木兹海峡的运输将逐步恢复。 IEA的预测意味着，2026年供应量将比总需求低178万桶/日，而上月报告中预测的是41万桶/日的过剩，12月报告中预测的是近400万桶/日的过剩。 该机构表示，受战争影响，2026年全年供应量将减少约390万桶/日，较此前预测的150万桶/日降幅大幅下调。 与此同时，IEA目前预计今年需求将减少42万桶/日，而此前预测为减少8万桶/日。该机构表示，消费也受到战争的压力，因为油价飙升导致需求破坏和经济增长放缓。 责任编辑：张俊 SF065

JHVEPhoto/iStock Editorial via Getty Images Micron's ( MU ) performance over the past three, six, nine, and twelve months alone leaves no doubt about how great it has been to invest in this company. Seeking Alpha And at this rate, it seems very clear that the company that is now worth ~$896 billion at the time of writing is taking major steps toward joining the trillion-dollar valuation group. Although Micron has an extremely bullish quant rating and numerous bullish headlines around its name as a main beneficiary of the AI infrastructure bottleneck, it leaves me somewhat torn that the sell-side consensus points to a potential downside of 27.8% in the thesis today, at an implied share price of $573 per share for MU. Seeking Alpha As Micron currently has 1.12 billion shares outstanding, having a market cap of $1 trillion would imply something close to $888 per share. The consensus that the company is now worth around $642 billion seems to me to be confirmation that Micron is still not widely accepted, or properly priced, as a structurally sound earnings thesis, including my premise in my l ast coverage of the thesis . That being said, in this article, my goal is to bring up some points, such as the possibility of structurally higher base earnings, along with the growing strategic importance of memory in the age of AI. Doing an exercise of "owner earnings" anchored in FY28—a year that the consensus today incorporates as some normalization of the memory cycle, but still suggests extremely robust cash generation after heavy investments in CapEx—I believe that the market may still be using a framework that is too old to evaluate Micron. Micron Still Trades Like a Cyclical It may sound repetitive at this point in Micron’s rally to say that the thesis is cyclical. But trading at 13.7x FY26 earnings, according to YCharts, it is undeniable that even jumping ~777% in the last twelve months, the market still treats Micron's thesis as cyclical. Data by YCharts Most of the time,...

JHVEPhoto/iStock Editorial via Getty Images Micron's ( MU ) performance over the past three, six, nine, and twelve months alone leaves no doubt about how great it has been to invest in this company. Seeking Alpha And at this rate, it seems very clear that the company that is now worth ~$896 billion at the time of writing is taking major steps toward joining the trillion-dollar valuation group. Although Micron has an extremely bullish quant rating and numerous bullish headlines around its name as a main beneficiary of the AI infrastructure bottleneck, it leaves me somewhat torn that the sell-side consensus points to a potential downside of 27.8% in the thesis today, at an implied share price of $573 per share for MU. Seeking Alpha As Micron currently has 1.12 billion shares outstanding, having a market cap of $1 trillion would imply something close to $888 per share. The consensus that the company is now worth around $642 billion seems to me to be confirmation that Micron is still not widely accepted, or properly priced, as a structurally sound earnings thesis, including my premise in my l ast coverage of the thesis . That being said, in this article, my goal is to bring up some points, such as the possibility of structurally higher base earnings, along with the growing strategic importance of memory in the age of AI. Doing an exercise of "owner earnings" anchored in FY28—a year that the consensus today incorporates as some normalization of the memory cycle, but still suggests extremely robust cash generation after heavy investments in CapEx—I believe that the market may still be using a framework that is too old to evaluate Micron. Micron Still Trades Like a Cyclical It may sound repetitive at this point in Micron’s rally to say that the thesis is cyclical. But trading at 13.7x FY26 earnings, according to YCharts, it is undeniable that even jumping ~777% in the last twelve months, the market still treats Micron's thesis as cyclical. Data by YCharts Most of the time,...

由于战争导致能源价格上涨，并进一步推高运输成本，美国4月PPI加速上行，创下自2022年以来的最快增速。由于中东局势仍处于脆弱的停火状态且看不到终结迹象，随着企业试图将高企的能源和运输成本转嫁出去，其他商品和服务也面临变得更加昂贵的风险。 PPI报告显示，包括燃料在内的商品价格也创下自2022年以来最大涨幅。4月能源成本上涨7.8%，前一个月涨幅更大。服务成本上涨1.2%，为四年来最大。

*ST宝馨公告，江苏立青所持600万股公司股票司法拍卖过户完成。本次司法拍卖股权过户完成后，公司控股股东、实际控制人及其一致行动人合计持有公司股份的比例由原27.26%变更为26.43%。

格隆汇5月13日｜美国PPI数据公布后，欧洲股市涨幅收窄，欧洲斯托克600指数当日内基本持平。

欧菲光公告，公司拟通过发行股份的方式购买南昌市产盟投资管理有限公司持有的欧菲微电子（南昌）有限公司28.2461%股权。深圳证券交易所并购重组审核委员会拟于近期审核公司发行股份购买资产事项，具体会议时间待确定后另行公告。本次交易尚需深圳证券交易所审核通过以及中国证券监督管理委员会同意注册后方可实施。