View of the trading floor of New York Stock Exchange by Lev Radin via Shutterstock The S&P 500 Index ($SPX) (SPY) is up +0.15%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.14%. Equity markets are pushing higher this afternoon, tracking a sharp midday reversal in energy markets as crude oil prices surrender an earlier 4% gain. Nvidia’s earnings results, released after Wednesday’s close, were better-than-expected, although some analysts questioned the sustainability of growth, especially amid higher competition. Nvidia is trading down about -1%. Stock indexes found support on today’s economic news, which showed signs of stability in the labor market and strength in manufacturing and housing activity. On the negative side, the May Philadelphia Fed business outlook survey fell more than expected to a 5-month low. US weekly initial unemployment claims fell -3,000 to 209,000, close to expectations of 210,000. US Apr housing starts fell -2.8% m/m to 1.465 million, a smaller decline than expectations of 1.410 million. Apr building permits, a proxy for future construction, rose +5.8% m/m to 1.442 million, stronger than expectations of 1.384 million. The US May Philadelphia Fed business outlook survey fell -27.1 to a 5-month low of -0.4, weaker than expectations of 17.8. The US May S&P manufacturing PMI unexpectedly rose +0.8 to 55.3, stronger than expectations of a decline to 53.8 and the strongest pace of expansion in 4 years. WTI crude oil prices (CLM26) remain extremely volatile and are susceptible to headlines from the Iran war. Prices jumped more than +4% this morning on a report that Iran’s Supreme Leader has issued a directive that the country’s enriched uranium should not be sent abroad. Late Monday, President Trump said he called off a strike on Iran scheduled for Tuesday after Gulf allies asked for more time to give diplomacy a chance. This afternoon, oil prices are retreating. Last Wednesday, the Int...

The Claude-maker is exploring Microsoft’s in-house silicon as it looks to expand computing capacity beyond Nvidia. This photograph shows a smartphone screen displaying the logo of Anthropic, an American company specializing in artificial intelligence (AI). (Photo by Samuel Boivin/NurPhoto via Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Microsoft’s Maia chips are part of a broader push alongside Google and Amazon to reduce dependence on Nvidia in the AI infrastructure stack. The discussions are still early and may not lead to a final agreement, as per reports. The Maia 200 chip, launched in January 2026, is built using TSMC’s 3-nanometer process technology. Anthropic is reportedly in talks with Microsoft (MSFT) to rent the company’s custom AI server chips as it looks to expand its computing capacity to keep up with rising demand for AI services, according to a report by The Information. Microsoft, along with Alphabet’s (GOOG, GOOGL) Google and Amazon.com Inc. (AMZN), has been developing its own custom chips to reduce dependence on Nvidia’s (NVDA) semiconductors. Microsoft’s Maia chips could offer Anthropic an alternative way to run its Claude models more efficiently. Read Next Loading... Loading... The discussions between Microsoft and Anthropic are still in their early stages and may not lead to a final agreement, according to the report. Maia chips are reportedly designed to run existing AI models faster than Nvidia’s hardware, but they are not intended for training or building new models. What Powers The Maia 200 Chip Microsoft introduced the Maia 200 processor in January 2026. The chip is built using Taiwan Semiconductor Manufacturing Co.’s (TSMC) 3-nanometer process technology. Each tray connects four Maia accelerators with direct, non-switched links, keeping high-bandwidth communication within the system to improve in...

Image source: The Motley Fool. Thursday, May 21, 2026 at 10 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Donald Scott Barbour Chief Financial Officer — Scott A. Cottrill Executive Vice President, Sales — Michael Higgins President, Infiltrator Water Technologies — Craig J. Taylor TAKEAWAYS Total Revenue -- $677 million, up 10%, with $49 million contributed by the NDS acquisition. -- $677 million, up 10%, with $49 million contributed by the NDS acquisition. Organic Stormwater Sales -- Increased 2%, with Allied Products up 12% on an organic basis. -- Increased 2%, with Allied Products up 12% on an organic basis. Allied Product Sales -- Up 43%, explicitly driven by NDS acquisition; double-digit growth also noted for select product lines. -- Up 43%, explicitly driven by NDS acquisition; double-digit growth also noted for select product lines. Pipe Revenue -- Decreased 2% due to softness in residential and infrastructure markets. -- Decreased 2% due to softness in residential and infrastructure markets. Agriculture Sales -- Rose 30%, attributed to advance purchasing ahead of price increases. -- Rose 30%, attributed to advance purchasing ahead of price increases. Wastewater Revenue -- Increased 4%, benefiting from Southeast and South demand and product expansion; tank sales rose double digits. -- Increased 4%, benefiting from Southeast and South demand and product expansion; tank sales rose double digits. Nonresidential Core Market Sales -- Increased 6%, with noted regional strength in the West and Midwest. -- Increased 6%, with noted regional strength in the West and Midwest. Residential Sales -- Rose 18% including NDS; excluding NDS, residential sales declined 1%. -- Rose 18% including NDS; excluding NDS, residential sales declined 1%. Adjusted EBITDA -- Increased 6%, with margin at 27.8% for the quarter. -- Increased 6%, with margin at 27.8% for the quarter. NDS Integration -- On track, with $25 million in annual cost synergies expected by year 3. -- ...

Qualcomm Incorporated QCOM is expanding its presence in the compute market through its Snapdragon X series processors, aiming to become a major player in artificial intelligence (AI)- powered computing. The company is utilizing its expertise in power-efficient processors and wireless connectivity to strengthen its position in personal computers. Qualcomm’s Snapdragon X Elite and Snapdragon X Plus processors are gaining traction for their ability to compete with traditional PC chips. Built on advanced technology and powered by its custom Oryon CPU cores, these processors deliver strong performance with lower power consumption, helping PC makers develop thinner, lighter and longer-lasting devices. The company is also benefiting from the growing demand for AI PCs. Its processors include powerful Neural Processing Units (NPUs) that support features such as real-time translation, AI assistants, image generation and productivity tools. Major PC manufacturers like Dell Technologies, HP, Lenovo and Microsoft are using Snapdragon-powered chips in their latest devices. As the global PC industry enters an AI-driven upgrade cycle, Qualcomm’s expansion into the compute arena could support long-term growth. Its focus on high-performance chips and advanced AI features may help improve its position in the evolving PC market. How Are Competitors Advancing in the AI PC Market? Qualcomm faces competition from Apple Inc. AAPL and Advanced Micro Devices, Inc. AMD. Apple is strengthening its AI PC business with the Apple Intelligence platform, which brings AI features to Mac devices. The company launched new Mac devices powered by M-series chips to support AI features such as real-time translation, writing tools and image generation. Apple is seeing rising demand for Mac Mini and Mac Studio devices for AI-related workloads and applications. Advanced Micro is expanding its presence in the AI PC market through its Ryzen AI processors, which support AI features and on-device AI workloads. T...

Can Qualcomm's Advanced AI PC Processors Drive Long-Term Growth? TradingView

Image source: The Motley Fool. Thursday, February 26, 2026 at 8 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Chaowei Yan Operator TAKEAWAYS Revenue -- $31.6 million for the year, representing a 21.6% decline, attributable to cyclical market fluctuations and weaker product demand in the second half. -- $31.6 million for the year, representing a 21.6% decline, attributable to cyclical market fluctuations and weaker product demand in the second half. ETH Holdings -- Increased to 8,826 ETH as of December 31, up 56% from the previous year, and further exceeded 9,070 ETH by February 23, 2026. -- Increased to 8,826 ETH as of December 31, up 56% from the previous year, and further exceeded 9,070 ETH by February 23, 2026. Cost of Revenue -- $29.3 million, up 57.1%, driven by impairment charges on mining machine inventory for certain altcoin miners. -- $29.3 million, up 57.1%, driven by impairment charges on mining machine inventory for certain altcoin miners. Total Operating Expenses -- Decreased by 18.7% to $17.3 million, resulting mainly from lower sales and R&D expenses linked to a reduction in research activities on new mining projects. -- Decreased by 18.7% to $17.3 million, resulting mainly from lower sales and R&D expenses linked to a reduction in research activities on new mining projects. Operating Loss -- $15 million for the year, compared to a prior operating income, due to lower revenues and compressed gross margin. -- $15 million for the year, compared to a prior operating income, due to lower revenues and compressed gross margin. Net Loss -- $7.4 million, reversing from a prior-year net income of $51.5 million. -- $7.4 million, reversing from a prior-year net income of $51.5 million. Fair Value Gain on Cryptocurrency -- $0.7 million, from a 3,170 ETH net increase, partially offset by a 12.6% decrease in ETH price. -- $0.7 million, from a 3,170 ETH net increase, partially offset by a 12.6% decrease in ETH price. ETH Staking Update -- As of February 23, 20...

What happened According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Divisadero Street Capital Management, LP increased its stake in Dave (DAVE 1.83%) by 379,232 shares in the first quarter. The estimated value of this purchase was $73.63 million, calculated using the average share price across the first quarter. The quarter-end value of the position rose by $53.64 million, a figure affected by both the additional shares and market price movement. What else to know Trade direction: buy; Dave represents 4.2% of 13F reportable assets under management following the transaction. Top five fund holdings after the filing: NYSE: SGHC: $176.32 million (6.6% of AUM) NYSE: RSI: $139.78 million (5.3% of AUM) NASDAQ: WLDN: $124.52 million (4.7% of AUM) NASDAQ: DAVE: $111.56 million (4.2% of AUM) NYSE: TPB: $105.52 million (4.0% of AUM) As of May 14, 2026, Dave shares were priced at $234.49, up 27.9% over the past year, outperforming the S&P 500 by 0.61 percentage points. Dave’s trailing twelve-month revenue is $604.62 million, with net income of $224.99 million and a five-year revenue CAGR of 33.3%. Fund reported 118 total positions and $2.39 billion in 13F reportable U.S. equity assets as of March 31, 2026. Company Overview Metric Value Price (as of market close May 14, 2026) $234.49 Market Capitalization $3.15 billion Revenue (TTM) $604.62 million Net Income (TTM) $224.99 million Company Snapshot Dave offers digital banking services, including personal financial management tools, overdraft alternatives, and a job application portal through its online platform. It provides financial products and digital banking services to consumers through a technology-driven platform. The company targets individuals seeking accessible financial solutions, particularly those looking for alternatives to traditional banking and short-term credit products. Dave operates as a technology-driven financial services provider, delivering a suite of digital banking and person...

stockcam/iStock Unreleased via Getty Images Introduction & Investment Thesis Reddit (NYSE: RDDT ) stock was in the red yesterday, down 5.5% after Google (NASDAQ: GOOG ) announced a broad overhaul of Search at its I/O 2026 developer conference, which investors fear could lead to a decline in user traffic flow and monetization for Reddit. As an existing investor in Reddit for The Pragmatic Optimist Portfolio, I believe the potential Google-related headwinds are already priced in, as the stock carries a significantly higher risk premium compared to, say, Meta ( META ). I say this because both stocks are trading at a similar forward PE ratio, even though Reddit is expected to grow its revenues and earnings by twice and thrice the rate of Meta, respectively, over the next three years. While Google-related risks are not negligible, the good thing is that Reddit's management has already been doubling down on their own AI-powered search platform, which is seeing strong momentum in user growth and monetization, with its Q1 FY26 earnings beating estimates on both the top and bottom lines. Not only that, the majority of users that come to Reddit from Google Search tend to be “logged out” users that carry far lower ARPUs (Average Revenue Per User), meaning that even if user traffic flow to Reddit drops as a result of Google’s Search updates, its monetization engine should be shielded. As a result, I believe that the selloff in Reddit is actually a gift in disguise, where I would use the opportunity to expand my position in the company while reiterating my “buy” rating on the stock. Why Do Google’s Search Updates Matter to Reddit? Google announced a broad overhaul of Search at its I/O 2026 developer conference, where the company introduced an AI-powered multimodal search interface and agentic AI capabilities for a more interactive and personalized user experience. In response to that, Reddit's stock price came under pressure yesterday as investors are concerned about the platfor...

Today, there’s no denying that the NASDAQ-100 has been a potent vehicle for capital appreciation. For example, the Invesco NASDAQ 100 ETF (NASDAQ: QQQM) has returned 15.39% annualized over the past five years, propelled largely by the “Magnificent Seven” stocks and the index’s heavy large-cap growth tilt. Still though, income-focused investors have historically shied away ... Like the Nasdaq-100 But Hate the Lack of Income? These Monthly-Paying Nasdaq ETFs Have Yields of ~12%

纳斯达克 上市公司Eightco Holdings Inc．（股票代码：O RBS ）发布公告，披露截至当日其总持仓约为3.37亿美元，持仓涵盖人工智能、数字身份及创作者经济三大战略领域。 根据公告，Eightco持仓具体包括：通过特殊目的实体间接持有的9000万美元OpenAI股权、1800万美元Beast Industries股权、100万美元Mythical Games投资、11068枚以太坊、2.834527亿枚Worldcoin代币，以及约1.33亿美元现金及稳定币。 在持仓分布中，OpenAI股权约占总持仓的26%，是其最大单项持仓；WLD代币约占总持仓的21%。据披露，Eightco持有的WLD代币约占该代币流通供应量的8.31%，为全球已公开披露的最大机构持仓。 Eightco董事会成员Tom Lee表示，随着AI代理能力增强，“非人类”活动比例将急剧增加，人类验证需求日益凸显。公司持仓策略正是对这一趋势的前瞻性布局。除WLD外，Eightco还持有ETH及Beast Industries股权，后者由全球头部创作者MrBeast创立，拥有超过5亿粉丝，为其提供创作者经济敞口。 责任编辑：张俊 SF065

Sundry Photography/iStock Editorial via Getty Images A prediction-market contract on Polymarket is offering a window into how traders are thinking about a potential SpaceX ( SPCX ) initial public offering, and the consensus points to a valuation clustered around $2T to $2.4T. According to the contract, traders are assigning a 73% probability that SpaceX ( SPCX ) would close its first trading day above a $2T market capitalization, with a 57% chance it finishes above $2.2T. The odds drop off sharply at higher valuations. The market shows just a 42% chance of a close above $2.4T, 17% above $3T, 10% above $3.2T, and a mere 3% probability of exceeding $4T. The implied pricing suggests traders expect a massive debut—but not the kind of extreme blowout that some private-market enthusiasm might suggest. Still, if the company reaches an estimated valuation of roughly $1.71T at the time of its June Nasdaq listing, it would reportedly surpass the previous record for the world’s most valuable newly public company, set by Saudi Aramco ( ARMCO ) during its 2019 debut. Polymarket More on SpaceX A Close Look At The SpaceX IPO Prospectus, And The Best Way To Get Exposure Now SpaceX IPO: Accelerated S&P 500 Inclusion Could Create A Liquidity Vacuum To A Trillion(s) Dollars And Beyond: A SpaceX IPO Odyssey SpaceX IPO may be too big to judge broader market recovery XOVR ETF boosts SpaceX position to ~23% of fund with $35M buy

Brandon Bell/Getty Images News SpaceX ( SPCX ) is preparing to launch the latest version of its massive Starship rocket on Thursday in a closely watched test that comes just one day after the company publicly filed for a blockbuster IPO . The launch is scheduled for 5:30 p.m. local time from the company’s Starbase site in South Texas. The mission will mark the first flight of Starship Version 3, an upgraded model designed to improve performance, reliability and reusability. The test arrives at a pivotal moment for Elon Musk’s company. SpaceX ( SPCX ) disclosed plans this week for a public offering that could value the company at as much as $2 trillion, while also revealing significant losses and a share structure that would keep Musk firmly in control. Starship is central to SpaceX’s ( SPCX ) long-term growth plans. The rocket is intended to carry cargo and astronauts to the moon and eventually Mars, while also supporting ambitious projects such as launching huge numbers of Starlink satellites that could be used for AI-related computing infrastructure. NASA is also depending on Starship for its Artemis moon program. SpaceX holds roughly $4 billion in lunar landing contracts with the agency. The mission follows a difficult stretch for the program. Several Version 2 Starship test flights last year ended in explosions or technical failures, and the company also experienced accidents during ground testing at Starbase. SpaceX ( SPCX ) is attempting to build the world’s first fully reusable rocket system. Both the Super Heavy booster and the Starship spacecraft are designed to return intact after launch and fly again. The company has already demonstrated booster recoveries using its launch tower, though it has not yet recovered the entire system successfully. Version 3 includes upgraded Raptor engines, redesigned flight systems and changes intended to make the vehicle easier to reuse. Thursday’s mission will follow a familiar profile. After liftoff, the Super Heavy booste...

Image source: The Motley Fool. Monday, July 20, 2026 at 12 a.m. ET CALL PARTICIPANTS Chief Executive Officer and Acting Chairman — Erez Meltzer Chief Financial Officer — Ran Daniel Investor Relations — Mike Cavanaugh Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- Nano-X Imaging NNOX +3.59% ) -- GAAP net loss -- $33.4 million, primarily due to a $17.5 million noncash impairment from Korean manufacturing restructuring. -- $33.4 million, primarily due to a $17.5 million noncash impairment from Korean manufacturing restructuring. Teleradiology revenue -- $3.1 million generated, with GAAP gross profit of $0.9 million (27% margin) and non-GAAP gross profit of $1.5 million (48% margin). -- $3.1 million generated, with GAAP gross profit of $0.9 million (27% margin) and non-GAAP gross profit of $1.5 million (48% margin). Imaging systems revenue -- $49,000 earned, resulting in a GAAP and non-GAAP gross loss of $2.6 million from Nano-X ARC and OEM services in the U.S. -- $49,000 earned, resulting in a GAAP and non-GAAP gross loss of $2.6 million from Nano-X ARC and OEM services in the U.S. AI and software revenue -- $0.5 million reported, including $0.4 million from Nano-X Health IT following acquisition; non-GAAP gross profit reached $0.1 million. -- $0.5 million reported, including $0.4 million from Nano-X Health IT following acquisition; non-GAAP gross profit reached $0.1 million. Cost structure actions -- Manufacturing shifted to full outsourcing, with the Korean fab to become an R&D center, reducing ongoing OpEx and cash burn. -- Manufacturing shifted to full outsourcing, with the Korean fab to become an R&D center, reducing ongoing OpEx and cash burn. Commercial agreements -- 360 new system placements targeted over 2-3 years, including a U.S. agreement with Howard Technology Solutions to deploy 300 Nano-X ARC units (60 in year one). -- 360 new system placements targeted over 2-3 years, including a U.S. agreement with Howard Technolo...

Smokers in China are being chided by anti-smoking women toggle caption Johannes Eisele/AFP/via Getty Images Hilda Wang scolds smokers and posts videos of the encounters. She says she's a natural introvert –- but she gets so upset about smoking that her personality has changed. In a widely shared clip, she's lecturing a man with a cigarette in hand. He says she has no right to put him on video. She tells the man he's an embarrassment, and he walks away. Wang comes into contact with a lot of smokers. She lives in China, a hard-smoking nation, and smoking habits tend to fall along a gender divide. According to the latest data from the World Health Organization , about 45% of males and 2% of females above the age of 15 smoke tobacco. Sponsor Message In Shenzhen, a densely-packed city of almost 20 million residents just north of Hong Kong, Wang is one of many women who have been confronting men smoking in public areas. Sometimes the confrontations end up on social media. "I hate bros," says Hilda's friend Luno Wang, who also scolds men she sees smoking. She says "bros" are lower IQ and less civilized, and don't respect others. She says she's asked men: "Is your cigarette a good thing for you to suck?" toggle caption Reena Advani/NPR In a clip that spread on social media this spring, a woman confronted a smoker at a bus stop. When he refused to put out his cigarette, she poured juice on it. He threw the empty cup at her, and both were arrested. The woman posted afterward on China's social media Weibo that she was strip-searched by police; her posts were later taken down. The state-owned China Daily said a female officer gave her a "safety check" in accordance with regulations. China Daily also reported that the man was breaking Shenzhen's rules for no smoking at bus stops and he was fined. The anti-smoking brigade has a lot of confrontations ahead of it. "I love smoking," says Tan Tia-shan, a restaurant kitchen worker who's been doing it since he was a pilot in the army 4...

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(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly weakened in the month of May. The Philly Fed said its diffusion index for current general activity plummeted to a negative 0.4 in May from a positive 26.7 in April, with a negative reading indicating contraction. Economists had expected the index to pull back to a positive 15.0. The steep drop by the headline index partly reflected a significant downturn in new orders, as the new orders index dove to a negative 1.7 in May from a positive 33.0 in April. The shipments index also plunged to a positive 4.9 in May from a positive 34.0 in April, although the positive reading still indicates growth. The report said the number of employees index rose to a negative 2.8 in May from a negative 5.1 in April, but the negative reading still suggests overall declines in employment. On the inflation front, the Philly Fed said both price indexes declined this month but remained above their long-run non-recession averages. The prices paid index tumbled to 47.9 in May from 59.3 in April, while the prices received index slumped to 26.3 in May from 33.5 in April. Meanwhile, the Philly Fed said firms continue to expect overall growth over the next six months, with the diffusion index for future general activity surging to 53.2 in May from 40.8 in April and reaching its highest reading since June 2021. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

DNC chair Ken Martin makes a speech during the press conference for the DNC site visit at Ball Arena in Denver, Colorado on Wednesday, May 6, 2026. Hyoung Chang | Denver Post | Getty Images The Democratic National Committee on Thursday released the long-awaited autopsy of its 2024 election wipeout, only for party Chair Ken Martin to eviscerate the incomplete report as an inadequate work product. The report, released in full along with annotations highlighting perceived shortcomings, has some sections left entirely blank, including the executive summary and conclusion. A disclaimer sits at the top of each page saying: "This document reflects the views of the author, not the DNC." DNC Chair Ken Martin wrote a Substack post accompanying the report, where he addressed simmering frustration over the party's decision to shelve the report. He said he did so because the report "wasn't ready for primetime. Not even close," and its release would "create a distraction." Martin apologized that his decision to hold the report "ended up creating an even bigger distraction," and slammed the contents of the report. Read more CNBC politics coverage Trump’s face doesn’t belong on U.S. passport, senators tell Rubio Jan. 6 police officers sue Trump to block $1.8B ‘lawfare’ fund Breakthrough agreement in housing bill gives investors wins Democrats make demands of U.S. trade representative ahead of U.S.-Mexico-Canada Agreement review "I am not proud of this product; it does not meet my standards, and it won't meet your standards. I don't endorse what's in this report, or what's left out of it," Martin wrote. "I could not in good faith put the DNC's stamp of approval on it. But transparency is paramount. So, today I am releasing the report as I received it – in its entirety, unedited and unabridged – with annotations for claims that couldn't be verified." The report made numerous sharp critiques of Democrats in the lead-up to the 2024 election. But it also includes annotations that the DN...

Workday 在纽约举行的Sana AI峰会上宣布推出Sana for IT Service Management和全新旅行智能体，将代理式AI能力从人力与财务领域拓展至IT服务管理和差旅费用管理。 Sana for ITSM能够根据Workday中已有的员工职位变动数据，自动触发权限开通和回收等IT操作，并支持员工通过自然语言对话完成密码重置、软件安装等常见请求，同时将复杂工单自动分派至相应团队。Workday首席AI官Joel Hellermark表示，IT团队的目标不是处理更多工单，而是减少工单、实现运维更精简。 旅行智能体则将差旅规划、预订和费用报销整合为单一对话流程。员工可通过对话协调行程，智能体会根据公司政策自动预订并实时完成费用报告，财务团队可实时掌握已承诺支出。Workday产品高级副总裁Max Wessel称，最好的费用报告就是永远不用动手做的那份。 两项新工具均内置于Workday平台，沿用企业已配置的安全与治理模型。Sana for ITSM预计2026年下半年向早期试用客户开放，旅行智能体现已可供早期试用。 责任编辑：张俊 SF065

专题：聚焦美股2026年第一季度财报 公司收购比斯诺平台，稳步推进美国市场扩张，该资产将并入新成立的布鲁传媒集团 内容速览 历经 2025 年业务重组后，Axel Springer首度披露财报，一季度营收及调整后收益均实现上涨。 自去年 4 月拆分为两大业务板块后，这家德国传媒集团发布首期季度业绩，一季度营收同比走高，全年开局表现稳健。 此次重组旨在助力各业务板块实现长期稳健增长，同时强化企业定位，打造横跨欧美、家族控股的数字化传媒集团。 公司首席执行官马蒂亚斯・德普夫纳于周四表示：“全新组织架构成效显著，旗下出版与商业品牌共同推动 2025 年业绩向好。” 数据显示，一季度预估营收同比上涨 2.6%；剔除汇率波动影响后，增幅超 5%。 当期调整后息税前利润达 5410 万欧元（折合 6290 万美元），同比增加 2990 万欧元。 德普夫纳称，公司顺利收购商业地产活动资讯平台比斯诺，美国市场扩张稳步推进。该平台将与晨酿资讯一同划入新组建的布鲁传媒集团。 公司预计，受业务模式投入布局影响，本年度调整后息税前利润将实现高个位数增幅，集团预估营收则将迎来低个位数增长。 今年 3 月，企业斥资 5.75 亿英镑收购英国《每日电讯报》，扩充媒体资产版图。本次业绩预期暂未纳入这笔收购带来的影响。 责任编辑：郭明煜

Key Points For a company preparing the largest IPO ever, SpaceX's financials aren't anything to write home about. The company is losing money, not growing revenue all that meaningfully, and spending a ton on growth. The company has a potentially massive addressable market, but investors will have to try to understand how much is baked in at a $1.5 to $2 trillion valuation. These 10 stocks could mint the next wave of millionaires › SpaceX has finally released its highly anticipated preliminary prospectus ahead of a massive initial public offering expected in June. SpaceX may be a generational company run by a generational founder in Elon Musk, but its financials leave much to be desired. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What makes them even harder to get behind is that SpaceX, according to various media reports, is looking to raise $75 to $80 billion at a valuation of $1.5 trillion to $2 trillion, making it the largest IPO of all time. There's a lot to unpack, but let's take a look at some of its high-level financials. Losing money with revenue growth that's nothing special On a consolidated basis, SpaceX generated nearly $18.7 billion in revenue in 2025, a 33% increase from 2024. Revenue in the first quarter of 2026 of nearly $4.7 billion increased about 15% year over year. SpaceX lost over $4.9 billion in 2025 and $4.3 billion in the first quarter of 2026, during which the company acquired xAI, the owner of the digital artificial intelligence assistant Grok. Adjusted EBITDA in these periods was nearly $6.6 billion and $1.13 billion, respectively. The company has three key segments: space operations, which include launching crewed missions for clients such as NASA in a cost-efficient manner; Starlink satellite internet; and artificial intelligence. SpaceX's best-performing business ...

格隆汇5月21日｜英伟达CEO黄仁勋：人工智能将成为万亿级产业。

Valued at $19.6 billion, IonQ (IONQ +13.07%) stock is the biggest pure play on quantum computing you can buy. That's the good news for IonQ today. The bad news is that... the United States government is not buying IonQ stock -- but it's buying shares in just about everybody but IonQ. This is the news that's moving IonQ stock up 9.5% through 10:35 a.m. ET Thursday morning: According to an exclusive report in today's The Wall Street Journal, the Trump Administration will award $2 billion in grants to nine quantum computing companies and take equity stakes to secure its investment in each. Money for thee, but not for me IonQ is not one of these companies, but its smaller publicly traded rivals D-Wave Quantum (QBTS +25.70%), Infleqtion (INFQ +30.59%), and Rigetti Computing (RGTI +24.53%) are all receiving grants and investments. So too is that old dinosaur of computing, International Business Machines (IBM +8.32%) -- which indeed is getting half the funds on offer, a nice, round $1 billion. D-Wave, Infleqtion, and Rigetti will each receive $100 million. Globalfoundries (GFS +10.69%) will get $375 million, and the rest will be parceled out among a handful of privately owned companies -- including one part-owned by Donald Trump Jr's 1789 Capital! But again, no money for IonQ. Expand NYSE : IONQ IonQ Today's Change ( 13.07 %) $ 6.86 Current Price $ 59.33 Key Data Points Market Cap $20B Day's Range $ 53.97 - $ 61.12 52wk Range $ 25.89 - $ 84.64 Volume 2M Avg Vol 29M Gross Margin -2879.52 % What does this mean for IonQ stock? So how is any of this good news for IonQ, if it's getting no money, and everyone else is getting a lot of money -- plus backing from the U.S. government that will give it an interest in seeing IonQ's rivals succeed (and perhaps that IonQ fails)? I honestly don't get the logic behind investors buying IonQ on this news. With analysts still expecting the stock to lose money for years, it may be time to sell.

Image source: The Motley Fool. Thursday, May 21, 2026 at 8 a.m. ET CALL PARTICIPANTS Chief Executive Officer — John Cotterell Chief Financial Officer — Mark Thurston Host — Laurence Madsen TAKEAWAYS Revenue -- GBP 178.5 million, a decrease of 8.4% year over year, and 6.4% year over year in constant currency. -- GBP 178.5 million, a decrease of 8.4% year over year, and 6.4% year over year in constant currency. Loss Before Tax -- GBP 372 million, primarily due to a one-off noncash goodwill impairment of GBP 364.6 million. -- GBP 372 million, primarily due to a one-off noncash goodwill impairment of GBP 364.6 million. Adjusted Profit Before Tax -- GBP 3.2 million, down from GBP 24.6 million, with adjusted PBT margin at 1.8% compared to 12.6%. -- GBP 3.2 million, down from GBP 24.6 million, with adjusted PBT margin at 1.8% compared to 12.6%. Adjusted Diluted EPS -- 5p, reflecting a significant decline from 34p in the comparable period. -- 5p, reflecting a significant decline from 34p in the comparable period. AI-Driven Business Revenue -- 15% of total, or GBP 27 million, up from 5% one year prior; management stated "margins on its AI-driven business are higher than our traditional digital transformation business." -- 15% of total, or GBP 27 million, up from 5% one year prior; management stated "margins on its AI-driven business are higher than our traditional digital transformation business." Free Cash Flow -- Adjusted free cash flow was negative GBP 3.1 million, compared to positive GBP 17.5 million a year ago, mainly due to increased receivables. -- Adjusted free cash flow was negative GBP 3.1 million, compared to positive GBP 17.5 million a year ago, mainly due to increased receivables. Cash and Cash Equivalents -- GBP 48.4 million at period end; borrowings increased to GBP 195.8 million, largely to fund the share repurchase program. -- GBP 48.4 million at period end; borrowings increased to GBP 195.8 million, largely to fund the share repurchase program. Impairments...