Core Points - Melcor Developments Ltd. held its annual general meeting (AGM) on June 24, 2025, with 24,073,887 shares voted, representing 79.59% of outstanding shares [1] - All items of business were approved by shareholders, including the election of directors with high approval rates, ranging from 96.23% to 96.37% [1] Company Overview - Melcor is a diversified real estate development and asset management company established in 1923, known for its innovation in the real estate sector [2] - The company manages the full life cycle of real estate development, including land acquisition, community planning, construction, and management of revenue-producing assets [3] - Melcor develops and manages various properties, including mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses [3] Commitment to Community - Melcor is dedicated to building communities that enhance the quality of life, where people can live, work, shop, and play [4]

6月13日至6月22日，第二十七届上海国际电影节成功举办。作为本届电影节的官方合作伙伴·指定乳制 品，光明乳业携旗下明星产品光明优倍系列产品深度参与并支持这场光影盛会，通过产品创新、场景互 动与文化共鸣三重维度，打造乳业品牌与影视文化IP联动的标杆案例。 深度参与盛会 "保护力专区"备受瞩目 金爵盛典前的红毯现场，光明优倍以"更多活性营养守护"为主题打造了"保护力专区"，吸引众多嘉宾、 观众驻足留影，相关话题迅速刷屏社交媒体，引发广泛关注。 在红毯现场，光明优倍品牌代言人吴磊惊喜亮相。光明优倍通过本次活动，致力于打造"鲜活营养+明 星势能"双重宣传亮点。 自今年5月22日宣布与上海国际电影电视节达成战略合作以来，光明乳业以"新鲜"为纽带，为电影电视 节分别提供优质乳制品，并在产品中融入电影相关元素，让观众更好品味电影艺术，留下难忘的回忆。 本届电影节期间，光明优倍聚焦打造"更强保护力"，通过产品创新激活消费场景，以影视文化IP赋能品 牌价值，不仅为观众带来"营养+艺术"的双重体验，更打造乳业品牌与影视文化IP深度联动的全新范 式。未来，光明乳业将持续探索"乳品+"的创新模式，以创新力量助力文化产业高质量发展。 ...

联邦快递虽然Q4业绩超出华尔街预期，但管理层对未来的谨慎态度让投资者颇为不安，股价在盘后交易中下跌近5%。 周二美股盘后，联邦快递（FedEx）交出了一份表面上看起来相当不错的2025财年第四季度成绩单，营收和利润双双超出了 华尔街的预期。然而，疲软的短期指引和对未来全年盈利预测的刻意回避，让市场颇为担忧： 值得注意的是，联邦快递创始人弗雷德·史密斯于6月21日去世。媒体指出，这位80岁的创始人曾在耶鲁大学写下隔夜配送的 商业计划，被教授评为不可行而得了C，但他最终用联邦快递改变了全球物流业，史密斯的离世恰逢公司面临转型挑战的关 键时刻。财报公布后，联邦快递美股盘后一度跌近5%。 "漂亮"的业绩数字与背后的隐忧 根据财报，联邦快递第四季度实现了222亿美元的营收和6.07美元的调整后每股收益，分别高于分析师预期的218亿美元和 5.87美元。 这主要归功于公司大刀阔斧的成本削减计划——DRIVE计划。公司宣布已成功完成其在2025财年削减22亿美元结构性成本的 目标，这无疑是管理层执行力的有力证明。 然而，市场的目光显然没有停留在过去的功劳簿上。真正的"预期差"来自于公司的前瞻指引。 财务表现： 2025财年 ...

匈牙利总理欧尔班对乌克兰总统泽连斯基表示，欧盟的成立是为了给其成员国带来和平与繁荣。接纳一 个与俄罗斯处于战争状态的国家会立即将欧盟拖入直接冲突。指望任何成员国承担这种风险都是不公平 的。 ...

Industry Overview - The semiconductor industry is crucial for technological advancements in HPC, AI, automated driving, and IoT, with a bright long-term outlook due to the essential role of semiconductors in cloud functionality and data analysis [1] - Global semiconductor sales are projected to grow by 11.2% this year, following a 19% increase in 2024, driven by AI workloads demanding high-end logic chips and high-bandwidth memory [4] - Advanced nodes (below 20nm) capacity is expected to increase by 12%, with utilization remaining above 90%, while mature nodes utilization is projected to rise from 70% in 2024 to above 75% this year [5] Market Challenges - Geopolitical instability and U.S. tariffs are creating challenges, disrupting supply chains, delaying deliveries, and increasing prices, which may lead to a rich valuation despite the industry's long-term potential [2][3] - The ongoing geopolitical tensions, particularly regarding China and Taiwan, are raising concerns about supply chain disruptions and national security implications [9][17] Company Insights - NVIDIA Corp. is highlighted as a strong investment opportunity, with its GPUs leading in gaming and significant growth in enterprise, data center, and automotive sectors [24][27] - Texas Instruments (TXN) is also recommended for tracking, focusing on internal manufacturing capacity expansion and benefiting from U.S. semiconductor manufacturing incentives [31][34] Financial Performance - The semiconductor industry has gained 17.9% over the past year, outperforming the broader technology sector and S&P 500 index [18] - The industry is currently trading at a forward P/E ratio of 32.79X, which is below its median value but appears overvalued compared to the S&P 500 and broader sector [21][22] Future Growth Drivers - The industrial IoT market is expected to grow at a 12.7% CAGR between 2025 and 2033, driven by advancements in connectivity and AI adoption [7] - AI is identified as the largest driver of the semiconductor industry, transforming efficiency and competitiveness across various sectors [11][12]

Core Viewpoint - Quantum Computing Inc. has successfully closed a private placement of 14,035,089 shares of common stock, raising $200 million at a price of $14.25 per share, reflecting strong institutional interest in the company's vision for quantum and photonic technologies [1][2]. Financial Position - Following the capital raise, the company has over $350 million in cash and cash equivalents with no debt, providing significant financial resources for product development and strategic opportunities [2][8]. Use of Proceeds - The net proceeds from the offering will be utilized to accelerate commercialization efforts, pursue strategic acquisitions, and for general corporate purposes [2]. Company Overview - Quantum Computing Inc. specializes in integrated photonics and quantum optics technology, offering affordable quantum machines and foundry services for photonic chip production based on thin-film lithium niobate [6].

据介绍，香港书展作为香港7月焦点盛事及"香港·盛夏派对"的节目之一，将为市民及旅客带来一系列丰 富的文化活动，涵盖世界各地知名作家的讲座、新书推介会及多元文化活动，推广阅读文化。 本届香港书展的"世界文化艺术廊"呼应年度主题，以饮食作为连接世界的桥梁，让入场人士在餐桌品味 人生、阅读世界。展览由8位艺术家围绕食疗、永续、餐桌礼仪等主题设立8张餐桌，并与多国驻港总领 事馆合作展示世界各地相关书籍及展品。现场更设有互动装置，为参观者推介书籍。 新华社香港6月24日电（黄茜恬）香港贸易发展局24日举行记者会表示，第35届香港书展将于7月16日至 22日在香港会展中心举行。今年书展将以"饮食文化·未来生活"为年度主题，场内外将举办超过620项文 化活动。 香港贸发局副总裁张淑芬表示，饮食与阅读皆是文化载体，饮食文学作品及书籍通过文字记录地方饮食 传统，写一道菜式也是写一个故事，非常值得推介。香港是美食天堂，中西文化荟萃，相信饮食文学将 是推动中外文化艺术交流的极佳切入点。 今年书展首设"文化及创意产品区"，将带来香港非物质文化遗产互动体验，以及展示具有澳门特色的文 创产品和故宫博物院宫廷文创精品等。 今年的中国内地出 ...

Core Insights - Swiss Water Decaffeinated Coffee Inc. has successfully completed the renewal and amendment of its revolving credit facility, resulting in an $80 million facility with $35 million of incremental borrowing capacity [1][2][3] Group 1: Financial Details - The Amended Revolving Facility includes $10 million of expanded revolving credit capacity with CIBC and $25 million with Rabobank [1] - The maturity date for the new facility is June 23, 2027, with an option to extend to June 23, 2028 [1] Group 2: Business Context - The increased credit capacity is aimed at supporting working capital needs due to rising sales volumes and elevated coffee prices [2] - The CFO expressed gratitude towards CIBC and welcomed Rabobank as a new lending partner, highlighting the importance of this milestone for the company's growth in a volatile coffee market [3] Group 3: Company Profile - Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company known for its proprietary Swiss Water Process, which decaffeinates coffee without chemical solvents [4] - The company also owns Seaforth Supply Chain Solutions Inc., which handles and stores green coffee [4]

美联储理事Michael Barr表示预计关税将推高通胀，并支持对利率调整采取观望态度。在为堪萨斯城联 储在奥马哈主办的一场活动准备的讲话中，Barr表示，目前经济形势稳固，失业率低，通胀率在向美联 储2%的目标回落。"不过，展望未来，我预计通胀将因关税而上升，"他说。"短期通胀预期上升、供应 链调整和第二轮效应可能会导致通胀持续一段时间。"(新浪财经) ...

Company Overview - Algoma Steel Group Inc. is a leading Canadian producer of hot and cold rolled steel sheet and plate products, based in Sault Ste. Marie, Ontario [6] - The company is a key supplier of steel products in North America and the only producer of discrete plate products in Canada [6] Annual Meeting Results - All nominees listed in the management information circular were elected as directors, with a total of 64,907,782 votes cast [2] - The appointment of Deloitte LLP as the Company's auditors for the 2025 calendar year was approved by a majority of votes [2] - A non-binding advisory resolution on executive compensation was also approved by a majority at the Meeting [3] Transformation and Sustainability Initiatives - Algoma is on a transformation journey, modernizing its plate mill and adopting electric arc technology to lower carbon emissions [7] - The company aims to become one of North America's leading producers of green steel, focusing on recycling and environmental stewardship [7] - Algoma is committed to investing in its people and processes to enhance safety and teamwork [7] Market Position and Strategy - Algoma's Direct Strip Production Complex (DSPC) is recognized as one of the lowest-cost producers of hot rolled sheet steel in North America [6] - The company emphasizes delivering responsive, customer-driven product solutions across various sectors, including automotive, construction, energy, defense, and manufacturing [6][8]