very good/E+ via Getty Images By Akaash TK, Research Associate, Autonomous Technology & Robotics Surging demand from AI data centers and the gradual electrification of transportation are adding pressure to the US grid, but the solution might already exist. ARK's research

If you haven't heard the news, Apple (NASDAQ: AAPL) is getting a new CEO. On Sept. 1, Tim Cook will step down, and John Ternus will assume the CEO role. While this has been signaled for a while, it'll still be a big deal when it occurs, because Apple has had very few people fill the CEO seat. Leadership transitions can be difficult. Apple's identity under Cook was different from what it was under Steve Jobs. Investors have some clues about the type of company Apple will be under Ternus' leadership (he comes from a hardware background, more similar to Steve Jobs), but until he's led the company for a few years, it will be difficult to judge whether Apple will be worth investing in. Furthermore, Apple has a few things going on that make me a bit uncertain about investing in it in general, and make me want to pivot to other businesses with well-established futures instead. Continue reading

格隆汇5月1日｜美国总统特朗普签署联邦合同相关命令。

It is generally frowned upon to care too much about appearances. We have a lot of little aphorisms discouraging this - books and their covers, beauty being skin deep, style over substance, that sort of thing. Vanity is a risk. Should one put a disproportionate effort into how a thing looks, then said work may very well be considered shallow. But in the world of big-budget video games? That's how you win. Visual fidelity is video game shorthand for progress: how meticulously rendered a mountain is, how dynamically the snow behaves, how a player character raises their hands to touch a wall when the player approaches it just so. This pursuit … Read the full story at The Verge.

Can LIV find new backers and what are the options for Bryson DeChambeau, Jon Rahm, Lee Westwood and others? Confirmation that Saudi Arabia’s Public Investment Fund will cease funding the LIV Golf tour will have huge ramifications, for the future of the tour itself, the players and across golf’s traditional heartlands. Where does PIF’s withdrawal leave them all? Continue reading...

Worawith Ounpeng/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify This is an abridged transcript of the podcast: Our top story so far, the first look at Q1 growth showed a modest slowdown, while inflation remained firmly above target. But the labor market delivered a once-in-a-half-century surprise. GDP rose at a 2% annual rate , below the 2.2% consensus but up sharply from 0.5% in Q4, which was weighed down by the government shutdown. Inflation accelerated. The quarterly PCE price index rose 4.5%, above the 4.1% consensus and up from 2.9% in Q4. Core PCE increased 4.3%, also topping expectations. For March, core PCE rose 0.3%, with the annual rate at 3.2%. Oil prices tied to the Iran conflict helped lift inflation pressures, while consumer spending growth cooled. Mark Zandi of Moody’s said unless the war eases and oil prices fall materially, growth in the current quarter could weaken and recession risks rise. Joseph Brusuelas called the data an “echo of what might have been,” arguing that AI-led investment tailwinds have been partially offset by what he described as an adverse supply shock from the Iran war. Markets reacted quickly. Treasury yields reversed much of their post-Fed gains and fed funds futures shifted back toward pricing in better odds of a rate cut this year — though the probability of no move remains above 80%. Meanwhile, the labor market surprised to the upside. Weekly jobless claims fell to 189K from 215K , the lowest level since 1969 and well below the 213K forecast. The four-week average declined to 207.5K. Pantheon Macro said the drop, which was broad-based across states, hints the labor market may have turned a corner — though one week’s data is not definitive. Among active stocks, Qualcomm ( QCOM ) is among the top S&P gainers after outlining plans to begin shipping custom silicon to a major hyperscaler in Q4 , a development that overshadowed results and guidance that came in below expectations. RBC also highlig...

Key PointsD-Wave Quantum is tackling quantum computing from two different angles.

格隆汇5月1日｜美国总统特朗普的助手表示，特朗普将签署授权跨境管道的许可证。

Key PointsAlphabet's first-quarter results blew past expectations.

An Apple store in New York. Photographer: Victor J. Blue/Bloomberg

格隆汇5月1日｜市场消息：美国总统特朗普正式启动“特朗普IRA”计划，为数百万美国人开设低成本的个人退休账户（IRA）。

Artificial-intelligence stocks like Intel, Sandisk, and Seagate led the S&P 500 in April, while a motley crew of underperformers bring up the rear.

受美伊战争持续影响，加州汽油价格周四达到每加仑6美元，自2月底美国和以色列对伊朗发动战争以来已上涨30%。 美国汽车协会（AAA）数据显示，加州司机目前支付的全美最高平均油价为每加仑6.01美元。这一价格水平创下自2023年10月以来的新高。 据报道，洛杉矶县的油价在两日内上涨了多达35美分，加州部分加油站的标价已超过每加仑7美元。美国汽车协会发言人表示：“这是自2022年以来我们看到的加州油价最大幅度的快速上涨。” 除了受国际油价飙升的直接影响，加州本土因素也在推波助澜。加州要求使用特殊调配的夏季汽油以减少烟雾，加上炼油厂维护季尚未结束，导致供应进一步收紧。 马拉松石油公司 旗下洛杉矶炼油厂（加州最大炼油厂）附近的一处壳牌加油站已挂出每加仑6美元以上的价格牌。 有消息称，美国政府正考虑允许加州等州暂时豁免部分联邦燃料标准以求缓解供应压力，但尚未最终批准。持续的油价压力已开始抑制出行需求，有调查显示近三分之一的美国人正在减少非必要的驾车出行。 责任编辑：张俊 SF065

Investors looking to profit amid the buildout boom in AI infrastructure should favor big-spending “hyperscalers” over chipmakers, according to Goldman Sachs Group Inc.’s Jim Covello . “We recommend being long the hyperscalers vs. underweight semis,” Covello, co-head of equity research and a longtime semiconductor analyst, wrote in a note to clients Thursday. “The starting point for this idea is that the market has priced in a fair degree of skepticism on the return on investment for the hyperscalers, as reflected in significantly compressed multiples for that group.” Covello’s call goes against the grain of recent trading: Semiconductors have been the favored artificial intelligence play over the past few months, while hyperscalers — including tech giants Amazon.com Inc. , Oracle Corp. , Microsoft Corp. , Alphabet Inc. and Meta Platforms Inc. — have lagged as investors questioned their excessive capital spending on data centers. The Philadelphia Stock Exchange Semiconductor Index, or SOX, has surged nearly 150% in the past year. Covello sees two scenarios where this relative-value trade would pay off. In the first, hyperscalers would begin to demonstrate a positive ROI, making investors less leery about their spending and driving gains that would allow the these companies’ valuations to recover. Chip stocks would have less upside, he said, given that the market has already rewarded that group. The second positive scenario would see hyperscalers’ ROI remaining challenged, forcing them to scale down spending. “We believe this is the best case scenario for this trading idea as we believe the hyperscalers would see a significant relief rally on better cash flow prospects and the semi stocks would get hit significantly as the lower hyperscaler capex would negatively impact their revenues,” he said. Valuations for semiconductor manufacturers are now elevated, while the big tech firms are valued below their historical norms. The SOX’s 12-month forward price-to-earnings rat...

What looks like market volatility right now is really a blip on the radar for the long-term investor. The S&P 500 fell to a nearly 8% loss earlier in the year and is now up almost 5%, but neither of those is a large move. Over the next 10 years, expect more up and downs. That's just what happens to the market over time. Ultimately, it rises much more than it drops, which is why it's been a tremendous wealth-generating machine over time. If you choose excellent stocks and hold them for the next 10 years, you could end up with life-changing rewards. Dutch Bros (NYSE: BROS) and MercadoLibre (NASDAQ: MELI) are two monster stocks to consider now. Here's why. Continue reading

当地时间4月30日，国际足联主席因凡蒂诺在加拿大温哥华举行的国际足联大会上发表讲话时表示，伊朗将参加世界杯，并将在美国比赛。（央视新闻）

摩根士丹利 在给客户的一份报告中重申了对特色食品分销商Chef’s Warehouse的增持评级。 分析师Brian Harbour将该股目标价从76美元上调至83美元，意味着较周三收盘价有10%的上涨空间。该公司周三上午公布的第一季度调整后盈利和营收均超出预期。 Harbour写道：“对中东的担忧有其道理，但或许过度了。”“面对对中东业务的担忧（实际情况似乎好于预期），CHEF第一季度表现远超预期，全面超预期，同时季度至今势头仍在持续。先前的指引保持不变，但我们据此将超预期因素纳入考量。” 他补充道：“对伊朗冲突的担忧最近一直是一个悬而未决的问题——到目前为止，在中东业务占公司业务不到10%的情况下，销售量同比下降约25%，主要与旅游业相关，我们认为这好于预期，并在一定程度上被美国业绩所抵消，因此在我们看来，今日股价积极反应并创下历史新高。” 责任编辑：张俊 SF065

格隆汇5月1日｜惠誉评级：美国赤字扩大、债务上升是主要的主权评级挑战。

NOW rides on a powerful partner ecosystem to fuel AI growth, expand industries and boost reach, but rising competition and valuation concerns linger.

The perpetually-struggling EV company made the payments while being investigated by the SEC. That four-year-long probe was ultimately closed in March.

Advanced Micro is riding a chip-sector tailwind as analysts grow bullish, with upcoming earnings poised to test the momentum.

As Data Center Demand Grows, Susquehanna Says You Should Buy AMD Stock Before May 5 Yahoo Finance

As Data Center Demand Grows, Susquehanna Says You Should Buy AMD Stock Before May 5 Barchart.com

ekapol/iStock via Getty Images April 2026 saw positive changes for the ten worst-performing stocks the S&P 500 (Index: INX ) served up for Thanksgiving 2025. Since November 28, 2025, the 503 stocks that make up the market capitalization-weighted S&P 500 index have

Microsoft Earnings Look Strong, But Investors Focus on Risks MarketBeat

北京时间5月1日凌晨，美股周四尾盘走高，标普500指数与纳指均创历史新高。投资者将注意力转向 亚马逊 、 谷歌 母公司Alphabet和 礼来 等企业巨头强劲的业绩表现，暂时搁置了对中东局势及通胀前景的担忧。 道指涨842.81点，涨幅为1.72%，报49704.62点；纳指涨222.37点，涨幅为0.90%，报24895.61点；标普500指数涨73.62点，涨幅为1.03%，报7209.57点。 卡特彼勒 股价周四飙升10%，因该公司季度业绩超出预期，提振了道指。这家被视为全球经济风向标的工业巨头还上调了全年营收展望。这份报告为一季度增长令人失望的美国经济带来了一线希望。美国商务部周四报告称，第一季度GDP年化增长率为2%，虽高于2025年第四季度的0.5%，但低于2.2%的预期。 与卡特彼勒一起，Alphabet股价上涨9%，为整体市场提供了支撑。该公司第一季度营收超出预期，并将2026年资本支出指引上限提高至1900亿美元。 分析师称，这种“财报为王”的行情表明，强劲的企业盈利能力暂时压过了地缘政治风险。此前，由于美伊对峙及霍尔木兹海峡航运中断，布伦特原油价格一度触及126美元/桶，为油价带来上行压力并引发通胀担忧。 然而，并非所有个股都受到追捧。 微软 和Meta Platforms因大幅上调人工智能基础设施资本支出指引而遭遇抛售，其中Meta股价跌近9%，因投资者担忧巨额投入的回报周期及用户增长放缓，该公司还上调了全年资本支出。 微软也面临类似担忧，该公司表示由于内存成本高企，支出将达到1900亿美元。 Facet首席投资官Tom Graff对CNBC表示，“七大科技巨头”财报中最值得注意的是，我们并没有得到任何新信息。他指出，虽然从GDP角度看，这些超大规模企业“在物理基础设施上投入这么多资金”是积极的，但其他担忧依然存在，包括公司估值问题。 Graff表示：“我们将持续纠结的问题是：这些人工智能支出最终是否会转化为软件般的利润率，还是说不会，我们需要重新审视这些倍数？” 尽管部分科技股面临压力，该板块仍助力整体市场实现强劲的月度表现。标普500指数4月以来已上涨约10%，有望创下2020年11月以来最佳月度表现。 纳斯达克 指数涨幅约13%，有望创下2020年4月以来最佳月度表现。道指4月涨幅预计超过6%，为2024年11月以来最强月度表现。 与此同...

Key PointsPfizer persuaded three drugmakers to delay the production of generic Vyndamax.

Earnings reports are like progress reports in the sense that they require investors to digest facts and make educated guesses about the company’s future prospects. In the case of Microsoft Corp. (NASDAQ: MSFT), investors are more concerned with future risks than with solid resul

格隆汇5月1日｜美国总统特朗普：拜登执政期间，平均401K养老金每年仅增加875美元，而去年为24000美元。

Shares of Super Micro Computer (NASDAQ:SMCI) are climbing again Thursday afternoon, up about 4% to $27.40. The move extends a dramatic one-month rebound for the artificial intelligence (AI) server maker. SMCI stock is up 25% in April, recovering from a brutal stretch that included an Oracle (NASDAQ:ORCL) contract cancellation and a swarm of legal filings. ... Super Micro Computer Climbs 25% in April: 3 Reasons SMCI Is the Tech Sector’s Comeback Kid