Group 1 - B2Gold Corp. announced the first gold pour at its Goose Mine, marking a significant advancement in its global portfolio with high-quality assets [1] - The Goose Mine, located in Nunavut, Canada, is B2Gold's fourth producing mine and its first operating asset in Canada [2] - Ore processing at the Goose Mine commenced on June 24, 2025, with the mill operating at approximately 50% of its nameplate capacity, aiming for full capacity by Q3 2025 [3] Group 2 - B2Gold projects gold production of 120,000 to 150,000 ounces for 2025, with an average annual production of 300,000 ounces expected from 2026 to 2031 [3] - The company has allocated $32 million of its $61 million corporate exploration budget for 2025 to the Back River Gold District, indicating significant exploration potential [4] Group 3 - In Q1 2025, B2Gold reported adjusted earnings per share of 9 cents, surpassing the Zacks Consensus Estimate of 8 cents, with revenues of $532 million compared to $461 million in the prior year [5] - Consolidated gold production for the March-end quarter was 192,752 ounces, a decrease of 10.1% year over year, but higher than the company's expectations [5] Group 4 - B2Gold's stock has increased by 39.4% over the past year, while the industry has seen a growth of 49.9% [6]

Core Viewpoint - Whirlpool (WHR) is showing potential for investment as it has reached a significant support level and crossed above the 200-day moving average, indicating a long-term bullish trend [1][2]. Technical Analysis - The 200-day simple moving average is a critical indicator for establishing long-term market trends for various financial instruments, including stocks like WHR [2]. - WHR has experienced a rally of 29.1% over the past four weeks, and it currently holds a Zacks Rank of 2 (Buy), suggesting a strong potential for further upward movement [2]. Earnings Estimates - Recent earnings estimate revisions for WHR show one upward revision with no downward revisions for the current fiscal year, indicating growing investor confidence [3]. - The consensus estimate for WHR has also increased, reinforcing the bullish outlook alongside the technical indicators [3].

Group 1 - Huayang Group received an administrative penalty notice from Shanxi Securities Regulatory Bureau for suspected violations of information disclosure laws [1][2] - The investigation revealed that Huayang Group transferred 1.126 billion yuan from Yangmei Chemical's account to its own without consent, constituting non-operating fund occupation [1][2] - The funds were fully returned by September 30, 2021, but the occupation led to significant omissions in Yangmei Chemical's financial reports [2] Group 2 - Shanxi Securities Regulatory Bureau proposed fines of 4 million yuan for Huayang Group, 2 million yuan for Gao Yanqing, and 900,000 yuan for Fan Zongli due to their roles in the violations [2] - Huayang Group was originally the controlling shareholder of Yangmei Chemical, but transferred its 24.19% stake to Shanxi Luan Chemical in December 2021, changing the control structure [3] - Yangmei Chemical stated that the previous fund occupation would not affect its current operations, and its strategic plans are proceeding as scheduled [3]

参观毛泽东同志旧居，听讲解员介绍"毛主席开的菜园"。"当年毛泽东同志等老一辈革命家在延 安，住窑洞、吃粗粮、穿布衣，用'延安作风'打败了'西安作风'。"考察期间，习近平总书记由衷感叹。 读懂百年大党 学习关记 共产党人拥有人格力量 才能赢得民心 新华社国内部出品 "我们党作为马克思主义执政党，不但要有强大的真理力量，而且要有强大的人格力量。真理力量 集中体现为我们党的正确理论，人格力量集中体现为我们党的优良作风。"2012年11月16日，习近平总 书记在十八届中共中央政治局第一次会议上如是强调。 人格力量事关民心所向。 在抗战最艰苦的时期，南洋爱国华侨陈嘉庚来到延安。此前，重庆的推杯换盏、铺张景象令他极度 失望："国家前途深可忧虑"。在延安，毛泽东同志用自己种的白菜、豆角来招待客人。陈嘉庚断 定："中国的希望在延安。" 2022年10月，党的二十大闭幕不到一周，习近平总书记带领新当选的二十届中共中央政治局常委瞻 仰延安革命纪念地。 党的十八大后，在河北阜平吃大盆菜，在福建古田同基层官兵一起吃红米饭……考察调研时的一餐 一饭，处处彰显节俭朴素的优良作风。 "延安作风"，正是中国共产党人格力量的鲜明体现。在物质极 ...

根据《若干举措》，增设商业健康保险创新药品目录，重点纳入创新程度高、临床价值大、患者获益显 著且超出基本医保保障范围的创新药，推荐商业健康保险和医疗互助等多层次医疗保障体系参考使用。 业内专家直言，此举不仅为高价药开辟了医保外的支付通道，更将商保推向了支持创新药发展的关键位 置。 《若干举措》落地后，配套动作紧随其后。国家医保局发布了《2025年国家基本医疗保险、生育保险和 工伤保险药品目录及商业健康保险创新药品目录调整工作方案（征求意见稿）》和《2025年国家基本医 疗保险、生育保险和工伤保险药品目录及商业健康保险创新药品目录调整申报指南（征求意见稿）》， 就商保创新药目录相关细则公开征求意见。 这标志着"商保创新药目录"正式将商业健康保险创新药品目录纳入调整方案，也是商保创新药市场准入 的关键一步。在中关村长策研究院健康养老研究中心主任龙格看来，政策首次设立商保创新药目录，为 高价药提供了医保外的支付路径，明确了"医保保基本、商保补高值"的分工。 一针超百万元的CAR-T疗法，是癌症患者的希望，却也是绝大多数人难以企及的"天价"。当医保坚 守"保基本"的阵地，谁能为高价创新药架起支付的桥梁？7月1日，国家 ...

图源：内蒙古包头新闻网 公开资料显示，陈之常出生于1974年12月，是四川大竹人，1996年毕业于中国政法大学，获法学学士。 21世纪经济报道记者陈归辞上海报道 内蒙古包头新闻网最新信息显示，陈之常已任内蒙古自治区党委常委、包头市委书记。 陈之常曾长期在北京市工作，历任原崇文区信息办主任、东花市街道办事处主任、原崇文区发改委常务副主 任、主任、原崇文区副区级干部等职。 在原崇文区工作期间，陈之常于2007年6月至2010年6月参加援藏工作，任西藏自治区拉萨市委常委、常务副市 长，援藏干部副领队。 2010年陈之常结束援藏回到北京，原崇文区撤销，与东城区合并，陈之常任东城区副区级干部，后任北京市政 府天安门地区管理委员会党组成员、副主任。2011年，陈之常任东城区副区长，2014年任东城区委常委、副区 长，2017年兼任中关村科技园区东城园管理委员会主任。2018年6月，陈之常调任石景山区委副书记、区政府 党组书记、代区长，次年1月任石景山区区长，成为当时北京最年轻的区长。 2020年1月，陈之常离开北京，调任江苏省淮安市委副书记、代市长，2020年1月，任淮安市市长。2021年6 月，陈之常任淮安市委书记，成 ...

Core Insights - Capital One Financial Corporation (COF) shares reached a 52-week high of $215.62 after passing the Federal Reserve's 2025 stress test, indicating strong capital reserves to absorb significant losses [1][8] Stock Performance - Over the past three months, COF stock has increased by 16.8%, outperforming the industry growth of 11.5% and the S&P 500 Index's 9% [2] Growth Drivers - The company has pursued a robust inorganic expansion strategy, including the acquisition of Discover Financial for $35.3 billion and Velocity Black in 2023, enhancing shareholder value [5] - COF's total revenues have shown a five-year compound annual growth rate (CAGR) of 6.5% from 2019 to 2024, with continued growth momentum into the first quarter of 2025 [6] - The Domestic Credit Card division, which represents 94.9% of credit card net revenues, has seen improvements in loans held for investment, indicating strong growth opportunities [11] - The net interest margin (NIM) has increased from 6.63% in 2023 to 6.88% in 2024, benefiting from high rates and steady demand for credit card loans [12] - As of March 31, 2025, Capital One's total debt was $41.8 billion, with cash and cash equivalents at $48.6 billion, indicating a strong liquidity position [13] Challenges - COF has experienced a rising expense base, with a CAGR of 6.8% over the last five years, primarily due to increased marketing costs and inflation [16] - The provision for credit losses has increased with a CAGR of 13.4% from 2019 to 2024, reflecting deteriorating asset quality amid a challenging macroeconomic environment [20] Earnings Outlook - Analysts have revised earnings estimates for 2025 and 2026 upward by 16.9% and 4.7%, respectively, indicating optimism about the company's growth potential [22] - The estimated year-over-year growth rates for earnings are 5.8% for 2025 and 27.4% for 2026 [22] Valuation - COF stock has a P/E (F1) ratio of 14.41, which is higher than the industry's 11.51, suggesting that the stock may be trading at a premium [26]

Group 1: Economic Environment - The May 2025 Personal Consumption Expenditures (PCE) inflation report indicates core PCE inflation rose approximately 0.22% month over month and 2.68% year over year, reinforcing expectations for the Fed's hawkish stance [1][11] - Treasury yields have increased, with the benchmark 10-year yield climbing from roughly 3.35% to about 3.45%, reflecting market reactions to persistent inflation data [2][11] Group 2: Financial Sector Performance - Financial institutions, including banks and insurance companies, are expected to see increased profitability due to higher lending rates and improved net interest margins in a high-rate environment [4][5] - The S&P 500 Financials Select Sector SPDR (XLF) has risen 9.1% year to date as of June 30, indicating strong performance in the financial sector [5] Group 3: Investment Opportunities - Stocks such as Nelnet, Inc. (NNI), Pagaya Technologies Ltd. (PGY), and United Fire Group, Inc. (UFCS) are highlighted as viable investment options due to their strong earnings momentum and favorable growth rates [3][11] - Nelnet (NNI) has an expected earnings growth rate of 59% for the current year, with a Zacks Rank 1 and a VGM Score of B [8] - Pagaya Technologies (PGY) shows an expected earnings growth rate of 195.2% for the current year, also holding a Zacks Rank 1 and a VGM Score of B [9] - United Fire Group (UFCS) has an expected earnings growth rate of 8% for the next year, with a Zacks Rank 2 and a VGM Score of B [10]

Core Insights - Carnival Corporation & plc (CCL) has reported a significant rebound in profitability, achieving its highest second-quarter EBITDA margins in nearly 20 years, with adjusted EBITDA reaching $1.51 billion, an increase from $1.2 billion in the same quarter last year [1][9] - The company attributes its margin improvement to strong pricing and operational leverage, with yields increasing by nearly 6.5% year over year, surpassing guidance by 200 basis points [2][9] - Carnival has exceeded two of its three 2026 SEA Change targets ahead of schedule, with EBITDA per available lower berth day rising 52% from 2023 levels and return on invested capital increasing by 12.5% [3] Financial Performance - The net debt-to-EBITDA ratio improved from 4.1 to 3.7 in the fiscal second quarter, alongside a decline in interest expenses, indicating a positive trend in bottom-line metrics [4] - Carnival has raised its full-year 2025 adjusted EBITDA outlook to approximately $6.9 billion, reflecting a 10% increase from 2024 levels and exceeding previous guidance of $6.7 billion [5][9] Competitive Landscape - Royal Caribbean Cruises Ltd. (RCL) reported EBITDA margins of 35% in the first quarter, a 360 basis point improvement year over year, driven by strong bookings and favorable pricing [6] - Norwegian Cruise Line Holdings Ltd. (NCLH) posted adjusted EBITDA of $453 million in the first quarter of 2025, with a trailing 12-month EBITDA margin of 35.5%, up 280 basis points from the prior year, supported by a company-wide efficiency program [7] Market Performance - CCL shares have increased by 40.5% over the past three months, outperforming the industry growth of 16.8% [8] - CCL trades at a forward price-to-earnings ratio of 13.29X, significantly below the industry average of 18.98X [10] Earnings Estimates - The Zacks Consensus Estimate for CCL's fiscal 2025 and 2026 earnings indicates a year-over-year increase of 38% and 13.4%, respectively, with EPS estimates having risen in the past 30 days [11]

每经记者｜金喆 张宏 每经编辑｜文多 7月1日，国家医保局召开新闻发布会，介绍《支持创新药高质量发展的若干措施》（以下简称《若干措施》）。 《若干措施》明确提出，将支持创新药出海，鼓励引导有条件的地区探索面向东南亚、中亚和其他"一带一路"共建国家搭建全球创新药交易平台，加强国际 推广。支持创新药企业借助香港特区、澳门特区相关优势，促进中国创新药走向世界。鼓励更多创新药进入中国市场，更好满足群众用药需求。 《每日经济新闻》记者注意到，2023年11月起，香港实施全新的"1＋"新药审批机制。如今，香港正致力于建立一个获得国际认可的药品和医疗器械注册体 系。多位受访的创新药企业人士对记者表示，希望香港发挥桥头堡的作用，将更多创新药推向全球舞台。 新闻发布会现场 图片来源：每经记者 张宏 摄 王小宁表示，生物医药行业研发周期长、投入大。《若干措施》提出，要支持鼓励商业健康保险扩大创新药投资规模，培育支持创新药的"耐心资本"。"我 们也将支持创新药企业借助香港、澳门相关优势，促进中国创新药走向世界。"他说道。 国家医保局成立以来，通过战略购买、价值购买实现需方牵引，有力促进了医药领域新质生产力的发展。2018年—202 ...