中东紧张局势升级，摩根大通警告原油或升至130美元。 据央视新闻最新报道，当地时间12日凌晨，以色列对伊朗发动袭击。环球网援引据沙特媒体哈达斯消息称，以色列国防部长卡茨宣布以色列对伊朗发动先发制 人的打击。 据追风交易台消息，摩根大通首席大宗商品分析师Natasha Kaneva在其最新发布的报告中分析称， 当前油价接近70美元，较其模型估算的6月公允价值66美 元高出约4美元，暗示市场已计入7%的最坏情境概率。 Kaneva进一步指出，如果冲突扩大，油价反应将呈指数级而非线性增长。 若霍尔木兹海峡被封锁，油价可能飙升至120-130美元区间。 | | Crude | Products | Total | | --- | --- | --- | --- | | UAE | 2,835 | 1.568 | 4.403 | | Saudi Arabia | 5,973 | 1,243 | 7,216 | | Kuwait | 1,360 | 976 | 2,336 | | Iran | 1,775 | 328 | 2,134 | | Qatar | 744 | 488 | 1,232 | | bell | 3,2 ...

Core Viewpoint - Alibaba is rapidly advancing in the AI sector, particularly after recognizing its lag behind competitors like DeepSeek, leading to a significant shift in focus and investment in AI technologies [1][2]. Group 1: AI Development and Competition - Alibaba's engineers canceled their holidays to accelerate the development of AI models after realizing they were falling behind in the competitive landscape [1]. - The Qwen series models have become one of the most popular open-source large language models globally, showcasing Alibaba's commitment to AI innovation [2]. Group 2: Investment and Infrastructure - Alibaba plans to invest over 380 billion RMB (approximately 53 billion USD) in AI infrastructure, including data centers, over the next three years [2]. - The company aims to leverage open-source large language models to drive AI application growth and increase cloud computing demand [2][3]. Group 3: Challenges and Future Outlook - Despite significant investments in AI, Alibaba's sales growth was only 7% year-on-year in Q1 2024, indicating uncertainty in the return on investment [4]. - The company is navigating through a challenging period but maintains an optimistic outlook for future growth and direction [4].

上周四口水战闹上全球头条的"特马"互撕看来要以和解告终： 在特斯拉和SpaceX CEO马斯克表态反悔 后 ， 美国总统特朗普给他的悔过"点赞"。 有媒体称， 在马斯克公开悔过前，曾私下深夜致电特朗普，美国副总统万斯和白宫幕僚长怀尔斯是"特 马"和解的关键推手。 美东时间6月11日周三，特朗普在媒体的电话访谈中对马斯克最近的道歉表示认可，称：" 我认为他这样 做很好。" 对于是否愿意与马斯克不计前嫌重归于好，特朗普并未明确表态。 稍早公布的周一录制媒体采访中，特朗普倒是流露了同马斯克和解的可能，说并不"责怪"马斯克导致两 人的关系破裂， 但马斯克抨击共和党提出的减税和支出法案——所谓"大漂亮"法案让他"有点失望"。 特朗普说： "这样的事情时有发生，我不会责怪他任何事。" "我没有什么怨恨。我真的很惊讶发生了这种事。他（马斯克）追求的是一项非凡的法案。……他只是 ——实际上，我认为他对自己说的话感到非常内疚。" 马斯克和特朗普上周四因"大漂亮"法案在社交媒体上公开交锋。马斯克重申法案"令人作呕"，指责特朗 普"忘恩负义"，甚至爆猛料称特朗普和爱泼斯坦案有牵连、并转发该案旧闻相关内容。特朗普勃然大 怒，威胁取消 ...

Core Viewpoint - The article discusses the volatility of the A-share market amid significant changes in global trade and financial landscapes, emphasizing the need for investors to identify high-quality assets that can withstand market fluctuations [2][11]. Group 1: Market Context - The A-share market has experienced increased volatility and rapid sector rotation due to the ongoing U.S.-China trade tensions, with the Shanghai Composite Index attempting to breach the 3400-point mark [2][11]. - The article highlights the importance of understanding market dynamics and the challenges faced by retail investors in navigating these turbulent conditions [11][12]. Group 2: Investment Strategies - Xu Zhimin, the Chief Investment Officer at Zhongtai Securities, has over 20 years of experience and manages over 10 billion yuan, consistently outperforming the CSI 300 index for ten consecutive years [3][15]. - His investment philosophy focuses on identifying high-quality companies, particularly those with strong supply constraints, which he believes are essential for long-term investment value [5][6]. - Xu's approach includes avoiding market emotional influences by not monitoring the market closely and making decisions based on a structured investment framework [6][12]. Group 3: Upcoming Masterclass - Xu will conduct a masterclass titled "Crossing Bull and Bear Markets in Search of Alpha," where he will share his investment principles and experiences, including lessons learned from key investment cases [10][13]. - The masterclass aims to equip participants with practical investment strategies, including the use of a "prohibited list" to mitigate human biases in decision-making [14][17]. - Attendees will also gain insights into Xu's market outlook for the second half of the year and have the opportunity for interactive Q&A [20].

Core Viewpoint - The recent crash of a Boeing 787-8 aircraft in Ahmedabad, India, has raised significant concerns regarding Boeing's safety reputation and could impact its future orders and stock performance [3][16]. Group 1: Incident Details - A Boeing 787-8 aircraft crashed shortly after takeoff from Ahmedabad Airport, carrying 242 people, including 169 Indian citizens and 53 British citizens [11][12]. - The aircraft was scheduled to fly to London and crashed approximately five minutes after takeoff, with its signal disappearing at an altitude of 625 feet (about 190 meters) [8][6]. - Eyewitness accounts and social media footage indicate that the aircraft's landing gear was still deployed during its descent, leading to a crash in a residential area [2]. Group 2: Impact on Boeing - Following the crash, Boeing's stock price fell by over 8% in pre-market trading, highlighting the immediate financial repercussions of the incident [3]. - This incident marks the first total loss of a Boeing 787 aircraft due to an accident, further complicating Boeing's ongoing safety challenges [8][16]. - The crash adds to a series of safety issues for Boeing, including previous incidents involving the 737 MAX and other aircraft, which have already put the company under scrutiny [16]. Group 3: Implications for Indian Airlines - The crash poses a significant setback for Air India, which is in the midst of a strategic transformation and has a fleet that includes 34 Boeing 787 aircraft [15]. - Air India has a substantial order of 470 aircraft aimed at modernizing its fleet to meet the rising demand from India's growing middle class [15]. - The incident has led to the temporary closure of Ahmedabad Airport, affecting all flights and operations in the region [9][14].

马斯克发言后，特斯拉美股夜盘瞬间拉升，现涨近2%。 媒体援引接近马斯克的消息人士透露， 马斯克的怒气正在消退，并可能寻求修复与特朗普的关系。 这一判断从他近期的社交媒体行为也可见端倪—— 他已删除了多条针对特朗普的批评帖，包括一则 呼吁弹劾特朗普的内容。 实际上，周一，马斯克已表现出缓和姿态 。 当地时间周一晚间，马斯克在社交平台以一个 爱心 表情回复了保守派舆论领袖ALX发布的特朗普讲 话视频。视频中，特朗普说道和马斯克的关系时表示："我们以前关系很好，我祝他一切顺利——非 常顺利。" 当天早些时候， 他转发了特朗普关于洛杉矶反ICE骚乱的帖文，支持其对加州州长和洛杉矶市长的批 评，还转发了副总统候选人JD Vance对骚乱的谴责，强调"总统不会容忍暴力行为"。 马斯克道歉了， 震动全球政商圈的"特马大战"再现戏剧性转折。 6月11日周三，马斯克在X上发帖称，我对我上周发布的关于总统特朗普的一些帖子感到后悔，帖子 内容说的太过分了。 据媒体报道，特朗普当日也表示，希望结束与马斯克的公开争执，并承诺在白宫继续保留星链服务。 他还透露，若马斯克主动联系，他不会拒绝对话。 此外，特朗普否认看到马斯克与财政部长贝森 ...

据媒体周二报道，现任美国财政部长贝森特（Scott Bessent）被视作下一任美联储主席的人选之一。一些来自特朗普政府内部及外部的顾问正在推动由贝森特 出任下一任美联储主席。贝森特已成为这一职务的有力竞争者之一。 有一名美国政府的高级官员否认了上述相关报道，但未提供具体信息。 此后，美国白宫驳斥媒体关于贝森特可能会是下一任美联储主席潜在人选的报道，称那 是不实的。 贝森特目前正在领导实施经济改革计划，涉及贸易、税收和监管的重大变革。作为当前的美国财政部长，贝森特在寻找和面试下一任美联储主席的过程中理应 发挥关键作用。目前尚不清楚他是否会在总统做决定时回避。 其他人选 媒体援引知情人士透露，目前正在考虑的下任美联储主席人选包括前美联储官员沃什（Kevin Warsh），他在去年11月曾接受特朗普政府财政部长一职的面 试。沃什是下任美联储主席的热门人选。 其他被提及过的候选人还包括：白宫国家经济委员会主任哈塞特（Kevin Hassett）、美联储理事沃勒（Christopher Waller），以及前世界银行行长马尔帕斯 （David Malpass）。 特朗普在上周五被问及沃什时表示："他口碑很好。" 国际 ...

Core Viewpoint - The article discusses the successful IPO of Insta360, highlighting the significant returns for early investors and the unique entrepreneurial journey of its founder, Liu Jingkang, in the context of the innovation economy in China [3][10][30]. Group 1: Company Overview - Insta360, known as a leader in panoramic cameras, went public on June 11, with an opening price of 182 yuan, a 285% increase from its issue price of 47.27 yuan, resulting in a market capitalization exceeding 710 billion yuan [3][10]. - The company was founded in 2014 during a period of abundant venture capital, completing multiple funding rounds totaling around 500 million yuan, with a pre-IPO valuation of approximately 2 billion yuan in 2019 [10][31]. Group 2: Investment Returns - IDG Capital, the earliest and largest external investor, saw a remarkable return of over 8 billion yuan based on the latest market valuation, while another major investor, Qiming Venture Partners, reported returns around 6 billion yuan [7][10]. - The initial investment in Insta360 yielded returns exceeding 1000 times, although the earliest investment did not remain until the IPO [9][10]. Group 3: Entrepreneurial Journey - Liu Jingkang, a young entrepreneur born in the 1990s, initially faced skepticism due to the niche market of panoramic cameras but eventually proved his vision by leading Insta360 to become a global leader in the segment [5][10]. - The company’s growth trajectory included overcoming significant challenges, such as a downturn in sales after initial product launches, but rebounded with the successful release of the ONE X series, achieving global leadership in panoramic camera shipments [17][18]. Group 4: Market Position and Future Outlook - By 2024, Insta360 projected revenues of 5.6 billion yuan and a net profit of 1 billion yuan, with over 70% of its revenue coming from international markets, indicating strong global demand [29][30]. - The article emphasizes that the investment opportunity represented by Insta360 is unique to its time, with the current market conditions making it difficult to replicate such success with similar funding levels [31][32].

在 "双碳"目标和能源转型的宏大叙事下，储能一度被视为最具爆发力的黄金赛道，资本蜂拥而至， 产能急速扩张，一派"虚假繁荣"的景象。然而，当补贴退坡、市场竞争加剧，参数虚标、安全事故频 发、低价低质等乱象也随之浮出水面，行业开始经历阵痛。 潮水终将褪去，投机者必将离场。随着驱动力从 "政策驱动"向"市场驱动"转型，一场深刻的价值重 估已是箭在弦上。行业亟需的，不再是纸面上华丽的参数，而是能抵御时间考验的可靠性；不再是击 穿底线的低价，而是能保障全生命周期收益的真实价值。 6月10日，宁德时代在上海举办"真实的能量"技术日，正式宣布其587Ah储能专用大容量电芯实现量 产交付。这不仅仅是一款新产品的发布，更被业界视为宁德时代为行业破局、回归"真价值"给出的一 个清晰信号。 直指行业顽疾 储能行业的发展，正站在一个关键的十字路口。政策的东风与市场的广阔前景令人心潮澎湃，但初级 阶段的野蛮生长也带来了诸多顽疾。宁德时代此次发布的 587Ah储能专用大容量电芯，犹如一把精 准的手术刀，切向了这些长期困扰行业的痛点。 当前储能市场最令人诟病的乱象之一便是 "参数膨胀"。部分企业为在短期内获取订单，不惜虚标参 数，营造"技 ...

作出"支付账期不超过60天"承诺的车企不断扩围。 在政府发力整治汽车行业"内卷式"竞争的背景下，10日晚， 一汽、东风、广汽、赛力斯 四家车企发表声明称，承诺将支付账期控制在60天以内。 10日晚23时许， 吉利汽车集团 对外宣布，将供应商支付账期统一至60天内，以加速产业链资金周转效率，保障产业链供应链稳定，发挥领军企业担当，促进 汽车产业高质量发展。 23时30分左右， 长安汽车 发表声明称， 携旗下长安启源、长安凯程、深蓝汽车、阿维塔向行业宣布，将供应商支付账期统一至60天内，以切实行动践行央企 社会责任。 11日凌晨1时28分， 比亚迪 宣布跟进，承诺将供应商支付账期统一至60天内。 比亚迪在声明中表示，将以切实行动推动中国汽车产业高质量发展，并继续通过技术创新与管理优化，携手上下游伙伴共同推动中国汽车产业行稳致远。 随后，"比亚迪宣布60天内付款""账期不超过60天意味着什么"等词条登上微博热搜。 上午7时58分， 奇瑞集团 也发文宣布跟进，承诺将账期统一至60天内，践行企业担当，促进汽车产业高质量发展。 10时6分， 小米汽车 承诺，坚决落实国家及相关主管部门就促进汽车产业高质量发展、保障供应链稳 ...