If you look ignore the tariffs for a second, uh inflation is behaving pretty much exactly as we as we have expected and and hoped that it would. We haven't seen effects much uh yet uh from from tariffs and we didn't expect to by now. We've always said that the timing, amount, and persistence of the inflation would be highly uncertain and it certainly improved that.So, we're watching. We expect to see over the summer some readings, higher readings, but we're prepared to learn that it that it can be higher or ...

Group 1: Apple Stock Performance - Apple shares have fallen by nearly 20% this year, making it one of the worst-performing stocks among the "Magnificent Seven" [1] - The question arises whether investors should consider shifting focus from Apple to other stocks [2] Group 2: MercadoLibre - MercadoLibre operates the largest e-commerce network in Latin America, generating $22.4 billion in revenue over the last 12 months [5] - Revenue increased by 37% in the most recent quarter, while net income surged by 44% [5] - Gross merchandise value (GMV) increased by 17% overall, with GMV in Argentina alone skyrocketing by 126% [5] - The fintech arm, Mercado Pago, has 64 million monthly active users, a 31% increase from the same quarter last year [6] - E-commerce in Latin America is still in its early stages, with MercadoLibre expanding its logistics network to lower fulfillment costs [7] Group 3: Rocket Lab USA - Rocket Lab provides small satellite launches using reusable rockets, with a growing demand for space launches due to increasing space-based infrastructure [9][10] - The company launched 16 missions last year, while its competitor SpaceX launched 138 [9] - Rocket Lab's stock has advanced by nearly 600% over the last 12 months, driven by a 43% increase in trailing-12-month revenue from $327 million to $466 million [11] - The company has partnered with the U.S. Department of Defense and various defense contractors to meet the demand for military and intelligence equipment in space [11] - Despite the lack of profits and negative free cash flow, Rocket Lab presents an opportunity for investors bullish on the space economy [12][13]

Core Viewpoint - EHang Holdings Limited has entered into a strategic partnership with Reignwood Aviation Group to develop the low-altitude economy in China, focusing on integrating traditional aviation with next-generation eVTOL aircraft [1][7]. Group 1: Partnership Objectives - The partnership will initially focus on consumer applications such as low-altitude tourism and will expand to build a three-dimensional urban transportation network over time [2]. - Long-term goals include expanding into various low-altitude services such as passenger transportation, aerial logistics, and emergency response [2]. Group 2: Infrastructure and Services - EHang and Reignwood plan to establish integrated low-altitude service hubs that will offer flight demonstrations, aircraft takeoff and landing services, energy supply, and maintenance [3]. - A digitalized fleet management platform will be developed to support high-density and high-frequency low-altitude UAV and eVTOL flights [3]. Group 3: International Expansion - The partnership aims to promote local airworthiness certification and deploy the EH216-S eVTOL in key tourist areas in Southeast Asia, such as Bangkok and Phuket [4]. - This collaboration seeks to replicate China's low-altitude economy model in the ASEAN region, fostering the development of UAM ecosystems [4]. Group 4: Company Background - EHang is recognized as a leader in urban air mobility technology, having received the world's first airworthiness certificate for a pilotless aircraft [8]. - Reignwood Aviation Group is a top private general aviation enterprise in China, with a fleet of over 60 aircraft and a total investment of RMB 2.0 billion [5][9].

This guy sucks man.*Walter Bloomberg (@DeItaone):FED'S POWELL:WE'RE TAKING TIME, FOR AS LONG AS U.S. ECONOMY SOLID PRUDENT THING IS TO WAIT ...

美联储主席鲍威尔：通胀表现符合我们的预期，预计夏季通胀数据将上升。我们认为明智的做法是等待并获取更多信息。当我们看到关税的规模时，我们暂停了行动。只要美国经济保持坚挺，谨慎的做法是等待。 ...

Core Insights - The 2025 Beijing Digital Economy Experience Week commenced on June 27, 2025, at Beijing Fun Qianyechang in Xicheng District [1] - This event serves as a significant precursor to the 2025 Global Digital Economy Conference (GDEC 2025) [1] - The theme for this year's Experience Week is "A Brilliant Digital-Friendly Beijing · New Trends in Consumer Experiences," focusing on the integration of digital technologies with consumer experiences [1]

Core Insights - Rocket Lab USA is positioned as a significant player in the modern space race, particularly as a second-most utilized launch provider in the U.S. focusing on small satellite launches with its Electron rocket [1][2] - The company is set to launch its larger Neutron rocket, which is expected to enhance its market position and profitability by accommodating larger payloads [4][5] Group 1: Company Developments - The Neutron rocket is designed to carry payloads of up to 13,000 kilograms, representing a 60-fold increase in capacity compared to the Electron rocket, allowing Rocket Lab to better compete with SpaceX [5] - Rocket Lab plans to launch the Neutron rocket in the second half of this year, although some analysts express skepticism about this timeline, predicting potential delays until mid-2026 or 2027 [7] - The company aims to pursue "every part of the space value chain," with ongoing missions planned for satellite deployments and a focus on becoming a comprehensive end-to-end space-services provider [8][9] Group 2: Strategic Acquisitions - Rocket Lab's acquisition of Mynaric AG will enhance its capabilities in satellite-to-satellite connectivity, supporting high-value contracts such as the $515 million contract with the Space Development Agency [10] - The expected acquisition of Geost in late 2025 will further strengthen Rocket Lab's integrated capabilities in launch services and national security missions [11] Group 3: Financial Outlook - As of March 31, Rocket Lab had a backlog of $1.07 billion, with 56% expected to be recognized as revenue in the next 12 months, compared to last year's revenue of $436 million [13] - The Neutron rocket has been selected for the U.S. Space Force's National Security Space Launch program, which could be worth up to $5.6 billion, extending through June 2029 [14]

Economic Outlook - Asia's manufacturing activity slowdown deepened in June, signaling a warning for the region's growth prospects [1]

Market Performance & Sentiment - The first half of the year saw an extraordinary market bounce from the April lows, with significant intra-quarter swings [1][2][3] - Sentiment change was notable, with Meta up almost 30% and JP Morgan up almost 20% [2] - The NASDAQ is on the verge of making a new relative high against the S&P, a key indicator for market players [7] - The S&P and NASDAQ made brief new highs, closing the first half near all-time highs with a VIX below 17 [8][9] Economic Factors & Risks - The first half of the year was one of the worst for the US dollar since the 1970s, with a nearly 7% move lower in the dollar index during Q2 [5] - A weaker dollar is beneficial for multinationals and the big tech trade [9] - The Fed lowered its growth target for the US for the second half of the year [10] - There is confusion regarding the Fed's next move, with scenarios for both lowering and maintaining interest rates [11][12] Sector Performance & Concerns - The reemergence of big tech companies has been a significant driver [6] - While tech may continue to drive the market higher, caution is advised due to potential shifts in the dollar or crude oil prices [9] - Energy, materials, home builders, retail, and pharma sectors are underperforming, indicating a lack of broad-based rally [9][10]

Argentina’s economy grew more than expected in April as President Javier Milei loosened some currency controls as part of a $20 billion agreement with the International Monetary Fund https://t.co/6xISKetlUS ...