2025 年 6 月 3 日 股指期货震荡整理 黄金、白银、原油、燃料油期货将震 荡偏强 工业硅、螺纹钢、铁矿石、玻璃、纯碱期货将偏弱 震荡 天然橡胶、20 号胶期货将震荡偏弱 陶金峰 期货投资咨询从业资格号：Z0000372 邮箱：taojinfeng@gtht.com 【正文】 【声明】 本报告的观点和信息仅供风险承受能力合适的投资者参考。本报告难以设置访问权限，若给您造成不 便，敬请谅解。若您并非风险承受能力合适的投资者，请勿阅读、订阅或接收任何相关信息。本报告不构 成具体业务或产品的推介，亦不应被视为相应金融衍生品的投资建议。请您根据自身的风险承受能力自行 作出投资决定并自主承担投资风险，不应凭借本内容进行具体操作。 【期货行情前瞻要点】 通过宏观基本面分析和黄金分割线、水平线、日均线等技术面分析，预期今日期货主力合约行情走势大概率如 下： 股指期货将震荡整理：IF2506 阻力位 3833 和 3850 点，支撑位 3798 和 3775 点；IH2506 阻力位 2681 和 2689 点，支撑位 2644 和 2633 点；IC2506 阻力位 5669 和 5700 点，支撑位 5585 和 ...

据澎湃新闻，6月3日，小米创始人雷军在小米投资者大会上披露，最新推出的小米YU7售价不可能 是网传的23.59万元，正式定价要1-2天前才能确定。雷军表示，小米的汽车业务亏损正在逐步收 窄，预计将在今年第三到第四季度实现盈利。在YU7的智驾研发投入上，总预算达到35亿元，整体 投入在行业处于领先水平。雷军称五年前小米就开始投资研发机器人领域，目前汽车工厂正在试用相 关能力，小米的汽车芯片正在研发中，预计也将很快推出。此外，雷军表示，小米会长期坚持硬件利 润率控制在5%。 ...

将投中网设为"星标⭐"，第一时间收获最新推送 如果交易达成，这将成为OpenAI迄今为止规模最大的一笔收购。 作者丨王满华 来源丨 投中网 OpenAI又开始撒钱了，这次盯上了乔布斯的老搭档。 据外媒报道，OpenAI将以近65亿美元（约合人民币468.16亿元）全资收购由前苹果首席设计官艾维创立的AI硬件公司io。 io去年成立至今颇为低调，并未公开披露融资消息，不过，据接近io的知情人士透露，Emerson Collective、Sutter Hill Ventures、Thrive Capital、Maverick Capital和SV Angel，以及OpenAI初创基金，都是公司背后资方。此次交易完成之后，上 述机构也将实现退出。 其实早在今年4月，The Information就曾曝出OpenAI有意收购io，只不过当时提到的价格是"不低于5亿美元（约合人民币 36.41亿元）"。短短一个月，实际交易估值比传闻直接翻了十几倍，足见OpenAI对此次收购的重视与决心。 如果交易达成，这将成为OpenAI迄今为止规模最大的一笔收购，直接打破了5月初收购Windsurf时创下的30亿美元纪录。 65亿美 ...

此次获奖产品涵盖移动支付终端与商用智能硬件两大核心领域，获奖产品有KOZEN N4、Nebullar D6/K1/N8、 XCTECH BIG SCAN/N7/ZENL_P24/N5，完整名单已通过官方通知函正式发布。 近日，在最新揭晓的2025年红点产品设计奖（Red Dot Award： Product Design）中，祥承科技旗下KOZEN、 Nebullar等品牌共计八款产品荣膺大奖，标志着该企业连续第二年登顶这项全球工业设计领域的专业权威殿 堂。 自然美学与商业效能的典范之作 由祥承科技旗下国际支付品牌KOZEN推出的N4支付终端，凭借"自然与科技共生"的设计理念斩获双料殊荣 ——同时摘得2025年德国iF设计奖。 其仿鹅卵石温润机身与柔和小巧的形态，赋予商业科技产品以自然亲和力。顶部屋檐式防窥屏将用户隐私保护 功能与财富守护的文化寓意巧妙融合，内嵌于挡墙的NFC天线使支付灵敏度提升30%，背向商家的定向扬声器 与动态交互界面则大幅优化交易体验。该设备同时支持银行卡与扫码双模支付，适配全球市场，并通过可回收 材料应用及低功耗技术贯彻全生命周期环保理念。 同样实现红点奖与iF奖双认证的Nebulla ...

港股晨报 港股回顾 点，跌幅随即扩大至 247 点，低见 23730 点，其后跌幅 一度收窄至仅 20 点，午后大盘走势偏软，尾盘沽压再 度扩大。截至收盘，恒指收报 23831 点，下跌 145 点或 0.61%；国指收报 9656 点，下跌 47 点或 0.49%，大市 成交进一步减至 827.99 亿。港股通录得净流入资金 4.84 亿，其中港股通(沪)净流入 2.83 亿，港股通(深)净 流入 2.01 亿。板块方面，本地地产、软件、5G 概念板 块跌幅靠前；黄金股逆市走强。 周一港股通休市，全天股指宽幅震荡。收盘恒指 跌 0.57%报 23157.97 点，恒生科技指数跌 0.7%， 恒生中国企业指数跌 0.86%。全日大市成交额 1452 亿港元。医药股领跌，康方生物、美中嘉和 跌超 10%；地产股疲软；数字货币概念股大涨， 连连数字涨超 64%，移卡涨近 40%；黄金股、娱乐 影视股表现活跃，潼关黄金涨超 18%，阿里影业 涨超 7%。 美股市场 1. 中美贸易谈判情况或有望改善，美股周一一反早 段跌势转升，於 6 月首个交易日高收。纳指领 升，全日收报 128 点或 0.7%，收报 19,242 ...

Group 1 - The event focused on building an innovative ecosystem in Zhejiang, emphasizing the integration of industry, academia, and research for effective technology transfer [1] - The discussion highlighted the need for a collaborative approach in addressing challenges related to technology commercialization, including technical breakthroughs, institutional mechanisms, and capital support [1] - The low commercialization rate of scientific research is a common issue globally, with successful technology ventures in Silicon Valley having a success rate of only 2%-3% [1] Group 2 - Westlake University's Vice President emphasized the importance of focusing on the quality of research outcomes rather than just the quantity of technology transfers [2] - The concept of positioning professors as "chief scientists" rather than CEOs was proposed to allow them to concentrate on academic innovation while industry professionals manage daily operations [2] - The role of capital in supporting innovative teams was discussed, with an emphasis on the importance of patience in the long-term process of industrialization and market integration [2] Group 3 - The CEO of Rokid Technology revealed that the order volume for Rokid Glasses has exceeded production capacity, with expectations to scale annual production from hundreds of thousands to millions within three years [3] - The need for simultaneous efforts to address both technological challenges and production bottlenecks was highlighted to ensure successful market integration of technological innovations [3] - The collaboration among scientists, entrepreneurs, and investors is essential for creating a unique innovative ecosystem in Zhejiang, with each group playing a distinct role in the innovation and commercialization process [3]

Core Viewpoint - Walmart's decision to raise prices on certain products in the U.S. due to increased costs from U.S. tariff policies highlights the conflict between U.S. economic policy and market dynamics, raising concerns among consumers and drawing criticism from President Trump [2][3]. Group 1: Price Increase and Economic Impact - Walmart plans to implement price increases that will become more noticeable in June, as the company faces significant supply chain cost increases due to tariffs imposed by the U.S. government [3][4]. - The company's first-quarter financial report showed a net profit of $4.49 billion, a decrease of over 12% year-on-year, indicating the financial strain caused by rising costs [3][4]. - Other companies are also raising prices in response to tariffs, including Microsoft, Ford, Mattel, Whirlpool, Ferrari, and Hermès, suggesting a widespread trend affecting various sectors of the U.S. economy [4][5]. Group 2: Consumer Sentiment and Economic Indicators - The Michigan Consumer Sentiment Index fell to 50.8 in May, marking a continuous decline for five months and the lowest level since June 2022, reflecting growing pessimism among American households regarding the economic outlook [5]. - The U.S. GDP contracted by 0.3% in the first quarter, marking the first negative growth in three years, which may further impact consumer spending and economic growth expectations [5]. - The U.S. government's tariff policies are projected to increase the tax burden on American households by $1,200 by 2025, exacerbating the financial strain on consumers [4][5].

Core Insights - The article discusses the emergence of a shared factory model in Dongguan's XbotPark, which supports hardware startups in transforming concepts into products efficiently [1][7][11] - The shared factory addresses common challenges faced by entrepreneurs, such as high costs and resource acquisition difficulties, by providing a comprehensive support system [3][9][10] Group 1: Shared Factory Model - The shared factory at XbotPark is designed to provide a one-stop solution for hardware innovators, focusing on supply chain management, production process optimization, and technical support [1][7] - Unlike traditional factories that operate on a per-order basis, the shared factory accepts small orders, catering to the needs of startups that may not yet have mature products [7][11] - The factory has already facilitated the production and shipment of 300,000 units for over 100 startups, leveraging resources from well-known companies like DJI [8][9] Group 2: Challenges Faced by Startups - Startups often struggle with three main pain points: difficulty in obtaining stable supply chain resources, lack of manufacturing expertise, and limited bargaining power due to small order volumes [9][10][12] - The shared factory alleviates these issues by providing experienced operational teams and a verified supplier network, allowing entrepreneurs to focus on technology development [10][11] Group 3: Future Prospects and Ecosystem Development - The shared factory aims to expand its services beyond local resources to integrate global supply chains, enhancing its capabilities and service range [13][15] - The model has already attracted international interest, with a Canadian startup seeking assistance for product prototyping, indicating the potential for global outreach [14][15]

去年9月，00后创业者窦海波和团队们研发的智能滚动按摩椅正式上市销售，至今已实现6000台销量。这距离他提出这个项目的概念仅2年时间，从概念到产品 落地，背后有一个重要的支持者——位于松山湖的XbotPark机器人基地共享工厂。 该共享工厂设立在由知名教授李泽湘、高秉强、甘洁联合创办的XbotPark机器人基地内，由XbotPark机器人基地创建，是一个以粤港澳大湾区为中心，为全球硬件 创新者提供产品生产制造一站式解决方案的服务平台。 实际上，共享工厂并非新概念，近些年在国内许多地方都涌现出一大批智能制造的共享生产平台，通过工厂分享生产线空档期，实现企业闲置资源高效利用；或者 投资建设一个共享工厂，供中小型制造企业租赁使用。 但位于XbotPark机器人产业基地的共享工厂，并非简单定位为设备租赁服务的供应商。"我们不是租赁设备的共享空间，而是提供供应链管理、生产流程优化、技术 迭代支持的'制造大脑'。" XbotPark机器人基地共享工厂（下称"共享工厂"）总经理曾琳对记者表示。 与传统工厂最大的差异则在于，传统工厂是"有订单才开工"，松山湖这个共享工厂却能做到"一件也接单"。"很多初创企业可能只是想验证一下 ...

Core Insights - The article discusses the early days of the personal computer revolution, highlighting the founding of Microsoft and the pivotal role of Bill Gates and Paul Allen in shaping the software industry [1][16]. Company Overview - Microsoft was founded by Bill Gates and Paul Allen, who initially aimed to create a software company in a market that did not yet exist [1][16]. - The company began with a focus on developing software for the Altair 8800, a personal computer that sparked significant interest among early tech enthusiasts [3][4]. Industry Context - The personal computer market was characterized by a grassroots movement, with clubs like the Homebrew Computer Club emerging to share knowledge and foster innovation [4][6]. - The introduction of affordable personal computers, such as the Altair 8800, democratized access to computing, allowing a broader audience to engage with technology [4][12]. - The software landscape was initially dominated by the belief that software should be free, reflecting a countercultural ethos among early computer enthusiasts [9][10]. Market Dynamics - The demand for personal computers exceeded initial expectations, with thousands of orders for the Altair 8800 in its early months, indicating a strong market appetite [3][4]. - Companies like Intel and Motorola quickly entered the market, producing microprocessors that became the brains of personal computers, leading to rapid industry growth [12][13]. Business Development - Microsoft secured its first customers, generating approximately $20,000 in monthly revenue, which allowed the company to hire its first employee [17][18]. - The company aimed to establish a sustainable business model by developing a range of software products to meet the growing demand for personal computing solutions [10][19].