US president says he is considering restarting naval escorts in strait of Hormuz in attempt to end Iranian blockade Middle East crisis – live updates Donald Trump has said the ceasefire with Iran is on “life support” and that he is considering restarting US navy military escorts of ships through the strait of Hormuz in an attempt to end the Iranian blockade of the vital waterway. The US president dismissed Iran’s peace proposals as stupid, and denied he was under any domestic pressure to reach a deal. Continue reading...

DKosig Sally Beauty Holdings ( SBH ) turned lower on Monday as investors eyed the retailer's guidance update. The company tightened its top-line outlook while maintaining the rest of the full-year guidance metrics. Consolidated net sales are now expected to be in the range of $3.725B to $3.750B, which includes approximately 50 basis points of favorable impact from foreign currency rates. Comparable sales are expected to be flat to up 1%. Adjusted operating earnings are expected to be in the range of $328M to $342M, and adjusted diluted earnings are expected to fall in the range of $2.02 to $2.10 per share, with 50% of free cash flow being deployed to share repurchases. On the balance sheet, capital expenditures are expected to be approximately $100M, and free cash flow is expected to be approximately $200M. CEO Denise Paulonis acknowledged consumer pressures and frugality in the marketplace but said the Sally Beauty ( SBH ) customer is resilient. "We are taking a pragmatic stance regarding the ongoing geopolitical environment and its potential effects on consumer behavior," highlighted Paulonis. More on Sally Beauty Upgrading Sally Beauty Holdings: Back In A Buy Zone Sally Beauty Holdings, Inc. (SBH) Q2 2026 Earnings Call Transcript Sally Beauty Holdings Still Buying Back Stock And Getting More Efficient Sally Beauty outlines FY2026 net sales of $3.725B-$3.750B while projecting Q3 EPS of $0.52-$0.56 Sally Beauty gains after topping FQ2 expectations, setting solid guidance

adventtr/E+ via Getty Images A few charts to illuminate the start of another week. First, another look at the record overvaluation in tech and tech-related companies (dark blue below via topdowncharts.com) versus the S&P 500 traditional cyclicals (light blue) and defensive sectors (black) since 1973. Again, the conclusion here is not that traditional and defensive stocks are cheap but rather that tech and tech-related sectors have never been so inflated. This makes the entire index and all the portfolios that track it the most vulnerable to mean-reversion losses in at least 53 years. Fresh highs in stock market indices (S&P 500 shown below in dark green) have opened a glaring gap between “Wall Street” sentiment and the University of Michigan Consumer Sentiment Index (red below) since 2024. Finance is supposed to be a service that supports and feeds off the real economy. When finance is euphoric and its customers are depressed, something is fundamentally broken and unsustainable. Current market conditions are so extreme that the masses believe they are normal and durable. Such assumptions have historically proven painful. There is a reason that young people are unable to launch and fertility rates have plummeted. Since the tech wreck in 2000, governments and central banks have repeatedly bailed out the finance sector and asset prices at the expense of everything else. But in the end, a shrinking pool of customers is a recipe for stagnation and eventually deflation. Aging asset owners increasingly need buyers to cash them out. The widening spread between would-be buyers and would-be sellers suggests that transaction prices lie somewhere below the current ask. The segment here offers a worthwhile macro update. Disclosure: No positions Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.

欧洲股市企稳，美国和伊朗未能达成和平协议，投资者密切关注中东的紧张局势。 截至伦敦收盘，斯托克欧洲600指数几无变动。矿业股上涨2.6%至纪录新高，铜和其他金属价格攀升。StoneX高级金属分析师Natalie Scott-Gray表示，资金正在买入该板块，并且基本上忽略了与特朗普相关的消息。 电信股也跑赢，其中Airtel Africa Plc上涨14%，再创新高，此前大股东巴帝电信暗示可能增加持股。 与此同时，奢侈品股等板块表现最为滞后，因美伊谈判再度遇阻加剧了对该行业增长的担忧。高盛一篮子欧洲奢侈品股走低3.5%。 美国和伊朗在结束战争和重开霍尔木兹海峡的框架方面仍存在巨大分歧。特朗普表示，他正在考虑重启一项护送船只驶出波斯湾的计划。 “又一周过去了，霍尔木兹海峡通航方面仍未取得任何进展，而市场仍然希望尽快达成和平协议，”Singular Bank战略主管Roberto Scholtes Ruiz表示，“我预计这种情绪会持续到接下来这周。” 公司新闻方面，Delivery Hero SE上涨18%，此前长期股东Prosus同意将其持有的德国电商公司5%股份出售给Aspex Management。金巴斯股价上涨2.3%，此前这家餐饮服务公司上调了全年盈利指引。 责任编辑：丁文武

The cruise ship rocked by an unprecedented Andes hantavirus outbreak arrived in the Canary Islands off the coast of Tenerife Island over the weekend and is being evacuated. At least one new case has been identified amid the disembarkment. As of Monday morning, officials for the World Health Organization reported that the last of the passengers of the MV Hondius cruise ship are expected to be evacuated today. Thirty crew will remain on board and see the ship back to Rotterdam in the Netherlands. Prior to the evacuation there were 147 people on board. All of those evacuated from the ship are being transported off the island on specially arranged repatriation flights, not commercial flights. The evacuations and flights are being coordinated by Spanish authorities as well as the WHO and other national health officials. Read full article Comments

United Airlines Holding Inc. is returning to the municipal bond market with a junk-rated $256 million sale, after last year’s volatility forced it to postpone the deal. The two series for George Bush Intercontinental Airport in Houston include $150 million for a new catering center, along with $106 million to finance a portion of the design and construction of a ground services equipment facility. Though issued by the city, the debt package is secured by rent payments made by United. Both series are considered one level below investment grade, carrying a BB+ rating from S&P Global Ratings. In November, tough market conditions led the airline to hold off on the two issues, which were part of a larger transaction that included a $277 million refinancing that priced as scheduled. At the time, market participants said the deal would have required cheaper pricing to garner investor interest, with risk premiums spiking and tech shares under pressure. Read More: United Pulls $248 Million Junk Muni Debt for Houston Airport Today’s market environment comes with its own challenges though. The aviation industry is battling rising jet fuel costs due to conflict in the Middle East, leading many to hike prices and dial back profit forecasts. United Airlines CEO Scott Kirby even proposed merging with American Airlines Group Inc. , though that idea was met with a lukewarm response. In recent weeks, the collapse of Spirit Airlines has also rippled throughout the transportation industry, as competitors jockey for market share. “The muni market has definitely quieted down a little bit, but the flip side of that is that the airline space remains volatile,” said Van Eck’s Gregory Yencharis , a municipal credit analyst. Plus, United is still contending with a high supply environment in the muni market, which previously weighed on the proposed sale. Borrowers have sold roughly $195 billion of debt so far in 2026, up about 8% from the same time period last year, according to data compiled ...

July NY world sugar #11 (SBN26 ) today is up +0.30 (+2.04%), and Aug London ICE white sugar #5 (SWQ26 ) is up +7.00 (+1.62%). Sugar prices are sharply higher today on concerns about tighter global supplies. Citigroup projects Brazil's 2026/27 sugar production at 39.5 MMT, well below Conab's estimate...

Earnings Call Insights: Village Farms International (VFF) Q1 2026 Management View “We have now realigned our operating structure and financial disclosures to reflect a singular unified cannabis business with a single cannabis segment.” (Founder, CEO, President & Director Mike DeGiglio) “We generated total net sales growth of 27% year-over-year” and “consolidated adjusted EBITDA growth of 118% year-over-year,” while “delivered a fourth consecutive quarter of positive net income.” (CEO DeGiglio) “International export sales increas[ed] 171% year-over-year and 60% sequentially to a record of nearly $15 million.” (CEO DeGiglio) “We continue to maintain a top 5 overall share position in Canada's adult-use market and hold the #1 market share position in dried flower.” (CEO DeGiglio) “In March, we began planting the first half of our additional capacity at our Delta 2 greenhouse... Our first harvest is expected to occur in the week of May 18, and we expect initial contributions in sales in late second quarter or early Q3.” (CEO DeGiglio) “Consolidated net sales increased 27% to $50.2 million” and “consolidated net income from continuing operations improved to $2.7 million or $0.03 per share.” (CFO, Executive VP, Company Secretary & Director Steve Ruffini) Outlook “Revenue was up roughly 2%... in line with our expectations given our capacity constraints ahead of our expansion projects coming online during the second half of this year.” (CEO DeGiglio) “We continue to expect that we will enter multiple new jurisdictions during the remainder of the year.” (CEO DeGiglio) “We have good visibility and confidence that our pricing in Germany will remain relatively stable for the foreseeable future.” (CEO DeGiglio) “We expect to occupy for the foreseeable future” the #1 dried flower share position in Canada. (CEO DeGiglio) “The Delta 2 expansion will ramp up its expected 40 metric tons of annual capacity by mid next year... and we will continue to expect that we will harvest an incre...

城堡证券表示，在人工智能带动的资本开支热潮提振经济前景之际，通胀而非增长已成为市场的主要风险。 该行欧洲、中东和非洲固定收益销售主管Nohshad Shah在给客户的报告中写道，更宽松的金融环境、人工智能投资以及更稳健的劳动力市场增加了近期油价上涨向更广泛价格压力传导的风险，这“才是美联储和市场面临的真正风险”。 “我一直认为‘市场普遍低估了通胀尾部风险’，而现在这种情况比以往更加明显，”Shah写道。与中东冲突爆发前相比，现在金融环境更加宽松，而短期通胀预期已上升。 Shah表示，人工智能正越来越被视为经济增长引擎，而非颠覆性威胁。半导体与软件股的一月期相关性已转为正值，表明市场预期已从将人工智能视为“替代性力量”，转向将其视为推动更强增长的催化剂。 尽管伊朗冲突近期再度升级，Shah认为霍尔木兹海峡有较大可能重新开放，美国总统特朗普希望尽快摆脱冲突，其本周访华也可能有助于加速达成解决方案。 责任编辑：丁文武

In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Boonchai Wedmakawand | Moment | Getty Images Google's Threat Intelligence Group said in a report on Monday that it thwarted an effort by hackers to use artificial intelligence models to "plan a mass vulnerability exploitation operation." The group, known by the acronym GTIG, said it has "high confidence" that it recorded hackers using an AI model to find and exploit a zero-day vulnerability, or software flaw unknown to developers, creating a way to bypass two-factor authentication. "The criminal threat actor planned to use it in a mass exploitation event but our proactive counter discovery may have prevented its use," Google wrote in the post, without disclosing the name of the hacker group. Google said it does not believe that its homegrown Gemini model was used. The findings underscore how hackers are using available AI tools like OpenClaw to exploit software flaws in ways that can be particularly damaging to companies, government agencies and other organizations even as cybersecurity firms pump billions of dollars into bolstering their defenses. In April, Anthropic delayed the rollout of its Mythos model, citing worries that criminals and adversaries could use the tool to identify and prey on decades-old software vulnerabilities. The concerns sent shockwaves through the industry and led to White House meetings with technology and business leaders. Anthropic has since released the model to a select group of testers , including Apple , CrowdStrike , Microsoft and Palo Alto Networks . Last week, OpenAI announced that GPT-5.5-Cyber, a variation of its latest model, is rolling out in a limited preview capacity to vetted cybersecurity teams. In Monday's report, Google highlighted several examples of how hackers are already using tools such as OpenClaw to find vulnerabilities, launch cyberattacks and develop malware. Groups linked to China and North Korea "demonstrated significant interest in capitali...

Hi, it’s Tim LeeMaster in New York with a look at a corporate rush to go public. Also today, we have an unsolicited offer in the homebuilder space and a development in an activist situation involving an ousted CEO. Today’s top stories Dream Finders Homes offers $704 million to buy rival Beazer. IPO by KNDS wobbles over valuation as peers fall. Fermi wins support of major shareholder amid fight with ex-CEO. Blackstone and Halliburton invest $1 billion in VoltaGrid. OnlyFans sells 16% stake weeks after death of owner Radvinsky. IPO push Filings for US IPOs are thick on the ground Monday as Cerebras, the AI chipmaker and Nvidia rival, boosted the target for its offering to as much as $4.8 billion. Bill Gates-backed Fervo Energy also elevated its mark and is seeking up to $1.82 billion, while in a rare investment banking IPO, Lincoln International began marketing its $421 million listing. The market is picking up as companies and the bankers behind them push to get deals out before the summer lull and Space X’s planned June IPO. Monday’s IPO news rush comes on the heels of a flurry of filings Friday. Inspire Brands, the owner of fast-food chains Dunkin’, Arby’s and Jimmy John’s and backed by Roark Capital, filed confidentially for a listing, which Bloomberg News has reported could raise roughly $2 billion. Honeywell-backed quantum computing company Quantinuum also got in on the action, filing an S-1 Friday showing its financials for the first time. The IPO could raise more than $1.5 billion, Bloomberg News previously reported. Uber-backed electric bike and scooter rental startup Lime’s S-1 shows growing revenue and an expanding user base, while Safepoint, an underwriter of specialty homeowners and commercial insurance, in its filing disclosed profit growth. Also on Friday, engineering firm Applied Aerospace & Defense, became the latest to join a rush of space and defense firms to public markets. Companies have been deploying several strategies to increase the likelihood...

ablokhin/iStock Editorial via Getty Images Today we return to examine Sally Beauty Holdings, Inc. ( SBH ). We own a house position here and talked about why we rated it a Hold when it was $17. Shares are now back to the $13 level as we write, which we think is the top of the buying range. We like to get more aggressive closer to $10 (so-called strong buy levels, assuming fundamentals are still sound). We think there is some trading upside from this level, so moving to a Buy here. Quants are mostly positive and is Buy-rated on that front. We like to buy low and sell higher, as simple as that sounds. It is a key teaching at BAD BEAT Investing, where we make shorter-term, highly profitable trades in favorable setups. We then often roll profit into long-term investments. This is how we have helped investors build wealth over the last decade under this strategy. And it can work with SBH if you believe the path of earnings will be higher longer-term. We think the re-rating lower in consumer names, which has taken SBH stock lower, in combination with the just-reported earnings and outlook, justifies an upgrade. Let us discuss. Sally Beauty Holdings Headlines Fiscal Q2 Results Let us discuss the performance here, folks. The just-reported quarter was another double-line beat versus consensus expectations. Consensus expected sales to be up 2%, but revenue was a touch higher than expected, rising 2.3% from last year and coming in at $903.4 million. We expected sales to be flat to up 1-3%, and the results were just above our expectations. While the top line matters, of course, and the growth is slow after strategic downsizing, the key metric we always monitor for retailers is the comparable sales figure. We anticipated that comparable sales would be up 1% +/- 0.2%. Well, comparable sales were slightly above the higher end of our expectation, with comps up 1.3%. We always want to see comparable sales improving. And given that this quarter started to see the impacts of higher fue...

Turkcell Iletisim press release ( TKC ): Q1 r evenue of the Group grew by 8.9% year-on-year, reaching TRY68,377 million (TRY62,767 million) in Q126. This growth was primarily driven by the robust performance of Turkcell Türkiye, mainly attributable to corporate revenues Net income increased by 14.9% to TRY4,634 million (TRY4,033 million) in Q126. This improvement resulted from substantial monetary gain registered in the first quarter along with improved contribution from TOGG. More on Turkcell Iletisim Turkcell Iletisim Hizmetleri A.S. 2026 Q1 - Results - Earnings Call Presentation Turkcell: Cheap Valuation, But Rising CapEx And Forex Risks (Rating Downgrade) Turkcell Iletisim Hizmetleri A.S. (TKC) Q4 2025 Earnings Call Transcript Sphere Entertainment, Orange come out on top in communication services quant picks ahead of Q1 earnings Mid-cap communication services stocks ranked by quant ratings after earnings season

格隆汇5月12日｜白宫官员：特朗普周一将签署行政命令，允许增加牛肉进口并支持美国牛群存栏恢复。

当地时间5月11日，法国巴黎东南部的枫丹白露森林发生一起小型飞机坠毁事故，造成两人死亡。事故发生地点位于枫丹白露市与沙伊昂比耶尔之间的森林区域。事发初期，警方仅确认飞行员死亡，随后又发现第二具遗体。据悉，失事飞机为一架“富加教师”（Fouga Magister）教练机，当天从默伦-维拉罗什机场起飞。（央视新闻）

More frequently marking assets does little to improve transparency or accuracy in the $1.8 trillion private credit market, according to Pacific Investment Management Co. strategist Lotfi Karoui . “Attempts to increase liquidity — the ability to buy or sell an asset quickly, in size, and at prices reflecting fundamental values — are welcome developments,” Karoui wrote Monday in a note to clients. “Yet until these efforts address the market’s inherent structural constraints, including a lack of true price discovery, they will only increase the perception of liquidity without truly improving liquidity.” Apollo Global Management Inc. has been stepping up efforts to provide liquidity and price transparency in the private-credit market, where assets don’t typically change hands. Last week, the firm said more than $830 billion of its credit assets will be priced daily by the end of September. “The debate over daily pricing in private credit portfolios has evolved from a narrow accounting question into a proposed remedy for the market’s dispersed — and often stale — valuations,” Karoui wrote. Pimco, an early critic of the private credit industry, has been vocal about the risks in direct-lending markets and has taken the other side of the bet by hunting for emerging problems in private-credit-backed companies. “Price-mark dispersion for loans held across multiple business development company portfolios has widened sharply in recent quarters,” Karoui wrote. By the end of last year, “marks for the same instrument were, on average, about five points apart,” he added. “These gaps are difficult to reconcile with the notion of arm’s-length fair value determinations for identical assets.”

一波迅猛涨势推动标普500指数重回历史高位，华尔街老将Ed Yardeni看好该基准指数到2026年底能够突破8000点。Yardeni把标普500指数的年底目标点位从7700点上调至8250点，认为较周五收盘价有近12%的上行空间。强劲的第一季度盈利促使这位Yardeni Research的首席投资策略师提高了他的预测。（财联社）

⚽️ Championship playoff updates from 8pm BST ⚽️ First leg match report | Mail Daniel Millwall (4-2-3-1): Patterson; Leonard, Crama, Cooper, Sturge; De Norre, Mazou-Sacko; Azeez, Neghli, Ballo; Coburn. Subs : Crocombe, McNamara, Mitchell, Ivanovic, Doughty, Langstaff, Watson, Cundle, Bannan. Hull City (4-2-3-1): Pandur; Coyle, Egan, Ajayi, Hughes; Crooks, Slater; Joseph, Giles, Millar; McBurnie. Subs : Phillips, Lundstram, Belloumi, Hirakawa, Gelhardt, Famewo, Dowell, Koumas, McNair. Continue reading...

Catching Falling Knives: Is Time to Buy These Beaten-Down Stocks?McDonald's (NYSE:MCD) reported first-quarter 2026 global comparable sales growth of 3.8% and said it gained market share in nearly all of its top 10 markets, as executives emphasized value, marketing and menu innova

We all want to see our stocks go up in perpetuity. But even the best companies don't see their share prices rise in a straight line. When they go down, that doesn't mean you should necessarily rush in to buy. But it's an opportunity to check out their stories. If the long-term investing thesis remains intact, it's a buying opportunity. It also makes it easier when the companies pay regular dividends. That means you're getting paid to wait for the stock's fortunes to improve. Continue reading

Trump Wants To Slash Child Care Costs By Getting Government Out Of The Way Child care in America has become a significant financial burden. For many families, it now rivals rent, a mortgage, or student loan payments. Democrats have been framing child care as a key issue for them heading into the midterms. “Child care continues to get more expensive," said Jaelin O'Halloran, a DNC spokesperson. "While Trump and Republicans have offered no plans to follow through on their promises to lower costs, Democrats are focused on bringing down costs and making life more affordable for working families." "House Republicans are waging a war on the American family — slashing food assistance for kids, health care for families, and billions in education programs," said DCCC spokesperson Aidan Johnson. " The DCCC will ensure voters remember that when they head to the polls this November ." The problem with the Democratic argument is structural: their solutions boil down to subsidies to make things more “affordable.” The Trump administration thinks that's precisely the wrong prescription and has proposed a plan that largely relies on deregulation rather than subsidies. The Administration for Children and Families (ACF) at the Department of Health and Human Services is rolling out a sweeping package of new rules and guidance to expand child care choices and reduce costs by streamlining regulations . A notice of proposed rulemaking tied to the effort is set to be finalized within the week, and governors and state legislatures are receiving letters urging them to implement the reforms in ways that directly benefit local families. The administration frames the effort as a direct response to what one White House official calls a "major cost crunch" facing families with young children. The approach is deregulatory by design, targeting the thicket of compliance requirements, credentialing mandates, and licensing barriers that drive up operating costs for providers — costs that ultimately la...

格隆汇5月12日｜市场消息：受汉坦病毒影响的Hondius号船只已离开特内里费岛，驶往荷兰。

Roman Tiraspolsky/iStock Editorial via Getty Images Blackstone ( BX ) on Monday announced the launch of a lending platform to fund homebuilders for the construction of over 50K for-sale homes across the country annually. The platform is supported by Blackstone Real Estate Debt Strategies portfolio company, Brio Homebuilder Solutions, as well as partnerships with third parties. Last week, the Federal Housing Finance Agency director Bill Pulte said he had been working with homebuilders, and his agency will soon have an announcement "with a couple of builders". "Fannie ( FNMA ) and Freddie ( FMCC ) provide a lot of liquidity to these homebuilders," Pulte had said, adding that they were seeking engaged partners and people who could help people get in homes at an affordable price point. "America needs more homes, and we are proud to be part of the solution," said Tim Johnson, global head of Blackstone Real Estate Debt Strategies. Tricon Residential, a Blackstone Real Estate portfolio company, has developed or is developing ~64K single-family homes and home sites. Furthermore, Blackstone Real Estate's affordable housing portfolio company, April Housing, is on track to be the largest preserver of affordable housing in 2026. More on Blackstone Blackstone: Be Greedy When Others Are Fearful A Rare Chance To Buy Blackstone's $1.3 Trillion Empire At A Deep Discount Blackstone Inc. (BX) Q1 2026 Earnings Call Transcript Blackstone, Halliburton to invest $1B in VoltaGrid Blackstone to acquire majority stake in Greek marketplace Skroutz from CVC

Intel (INTC) Is Among The Tech Stocks That Have Just Hit New All-Time Highs Insider Monkey

US benchmark equity indexes were higher intraday as traders appeared to shake off worries about the

Shares of the Roundhill Memory ETF (CBOE:DRAM) are extending a parabolic run, trading near $55.80 in Monday midday action and up about 6% on the day. The fund has now roughly doubled since launching on April 2, putting its 2026 gain at approximately 107%. The move caps a blistering stretch for the new fund. Amazingly, ... Massive Demand for Memory Fund: DRAM ETF Is Now Up 100% in 2026

Massive Demand for Memory Fund: DRAM ETF Is Now Up 100% in 2026 24/7 Wall St.

(RTTNews) - The Canadian market is up marginally around mid-afternoon on Monday thanks to strong gains in energy and materials stocks, which are riding on firm commodity prices. Technology, consumer staples, industrials and consumer discretionary stocks are mostly down, limiting

Markets are underestimating the long-term need for memory chips in the AI buildout, and shares of chipmaker Micron Technology stand to gain more than 30% from their current level, according to several Wall Street banks. DA Davidson doubled down on a $1,000 price target for Micron on Monday, citing "increased conviction" its buy rating. The stock is higher by close to 8% Monday, to more than $800. MU YTD mountain Micron stock year to date. Analyst Gil Luria at DA Davidson sees a "virtuous cycle" for memory makers supplying infrastructure for large language models, the software underpinning much of AI. Specifically, he thinks that memory chip demand in what's called the "key value cache" – an intermediate segment of the LLM processing pipeline – will be greater than markets currently expect. "The bigger the models, the more memory they require. That creates more [key value] cache needs, which requires even more memory. The same models with longer context lengths will provide far better intelligence, which requires even more memory. The longer context makes the models better, which will make bigger models possible and the virtuous cycle continues," Luria wrote. Deutsche Bank also has a $1,000 price target on Micron, which it says is also set to benefit from changing cyclical dynamics in the sector. "Given the strong fundamental backdrop as well as our greater confidence in stable through-cycle [return on investment], we believe the shares should re-rate higher," Deutsche Bank analyst Melissa Weathers wrote in a report Sunday. Pressure point DA Davidson's Luria said that memory chips – notably, DRAM – are breaking away from CPUs as the most sensitive pressure point in the current AI buildout. "While the CPU market is getting more crowded with Nvidia and Arm entering the fray as they carve out [Taiwan Semiconductor Manufacturing Co.] capacity, DRAM output is limited to Samsung, SK Hynix and Micron with their own limited production," he said. Mizuho singled out Micron las...