Core Viewpoint - Annaly Capital Management offers a high dividend yield of over 14%, but its business model and volatility in dividends and stock price suggest it may not be suitable for traditional dividend investors [1][8][12]. Business Model - Annaly Capital operates as a real estate investment trust (REIT) that does not purchase physical properties but instead buys mortgages pooled into bond-like securities, which is a complex model not easily replicated by small investors [2][4]. - The company aims to profit from the difference between the interest earned on mortgage securities and its operational costs, including leverage costs, indicating a higher risk profile [4]. Market Dynamics - Mortgage securities traded by Annaly are subject to rapid value changes influenced by interest rates, housing market conditions, and mortgage repayment rates, making it challenging for most investors to monitor [5]. - The volatility in both the stock price and dividends has been significant, with the annual dividend showing a downward trend until its recent increase [8]. Investment Suitability - Mortgage REITs like Annaly are better suited for active and aggressive investors rather than traditional dividend investors, as the focus is on total return rather than consistent dividend income [6][12]. - While Annaly's total return has historically kept pace with the S&P 500, it does not provide a reliable income stream, which is a primary goal for many long-term dividend investors [11][12]. Portfolio Considerations - For investors focused on total return and diversification across asset classes, Annaly may be a suitable addition to their portfolio, provided they understand the importance of reinvesting dividends to achieve total return goals [11][13].

Core Insights - Rocket Lab's shares surged 40.4% in the first half of 2025, with a remarkable increase of nearly 600% over the past year, positioning the company closer to competing with SpaceX, which has a valuation of $400 billion [1][3]. Company Overview - Rocket Lab aims to establish itself as a vertically integrated space flight company in the U.S., starting with its Electron rocket, which has completed 68 missions and has a significant backlog of customer orders [3]. - The company has expanded its capabilities to include the sale of space systems such as satellites, communication systems, and solar arrays, which now account for the majority of its sales [4]. Future Developments - Rocket Lab is developing a larger rocket system called Neutron, which is expected to compete more directly with SpaceX. Testing for Neutron will commence soon, with a fully reusable system anticipated within the next one to two years [5]. Financial Performance - The company's revenue reached $122.5 million last quarter, reflecting a year-over-year increase of 32% and an impressive growth of 734% over the past five years [6]. - Despite the rapid revenue growth, Rocket Lab's market capitalization stands at $18 billion, with total revenue of $466 million over the last 12 months, leading to a high price-to-sales ratio of 42, which raises concerns about sustainability [7].

🚨 Tesla's Dojo 2 supercomputer will start mass production by the end of this year!It uses $TSM’s new InFO-SoW tech, a powerful chip design that treats an entire wafer like one big system. That means faster AI training, more memory bandwidth, and way more compute power.This tech gives Dojo 2 up to 9 petaflops of compute, a major step forward in building smarter AI like Grok 4.Source: https://t.co/7liFrO8NYz$TSLAShay Boloor (@StockSavvyShay):$TSLA DOJO 2 ENTERING MASS PRODUCTION BY YEAR-END USING $TSM INFO-SO ...

当地时间7月12日，马来西亚东海岸铁路（ECRL）工程迎来重要节点，全线最长的云顶隧道顺利贯 通。 ...

Core Viewpoint - Hyundai Motor Company has developed a competitive advantage by being able to quickly switch production between hybrid and full battery-electric vehicles based on cost efficiency [1] Company Analysis - Hyundai built its reputation on producing affordable and dependable cars, which has contributed to its strong market position [1] - The company's flexibility in production allows it to adapt to market demands and cost fluctuations, enhancing its operational efficiency [1] Industry Context - The automotive industry is increasingly shifting towards electric and hybrid vehicles, making the ability to pivot production strategies a significant advantage [1] - Small- to mid-cap companies are often overlooked by investors, but large-cap companies like Hyundai also provide valuable insights into broader market trends [1]

Group 1 - The WisdomTree Cybersecurity Fund ETF (NASDAQ: WCBR) targets investors seeking exposure in the rapidly growing cybersecurity industry [1] - The cybersecurity market is projected to experience significant growth over a long-term horizon [1] Group 2 - The article emphasizes the importance of informed investment decisions and aims to share insights and analysis with a global audience [1]

作者 | meisah 编辑 | 大模型之心Tech 原文链接： https://www.zhihu.com/question/668128319/answer/3636373481 点击下方 卡片 ，关注" 大模型之心Tech "公众号 戳我-> 领取大模型巨卷干货 >> 点击进入→ 大模型没那么大Tech技术交流群 本文只做学术分享，如有侵权，联系删文 ，自动驾驶课程学习与技术交流群事宜，也欢迎添加小助理微信AIDriver004做进一步咨 询 写在前面 Agent的狂欢基本已经结束了， 不建议继续纯做这个，起码得加点多模态和ML,DL了 。 具体可以看看各家公司的Agent都到什么水平了，比如网易逆水寒这种，别人已经纯商业赚钱了， 你如果不如人家的，大概率还是很难。 现在LLM Agent的工作好几类，而我主要是关注游戏方面的，所以有些地方肯定是没写清楚或者有 错误，还希望多多包涵。 博弈类 第一种可以称之为博弈类，或者MALLM类。 这类一般是以前做过MARL的人转战LLM Agent，把之前的MARL里面的方法拿过来各种套。大部 分工作都会在矩阵博弈，overcook这种环境做，主要目标还是涨点啥的 ...

I ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundamental long-term point of view. On Seeking Alpha I mostly cover REITs and financials, with occasional articles on ETFs and other stocks driven by a macro trade idea.Analyst’s D ...

| 15:47 @ 9 | | | 112 2 111 2 30 | | | --- | --- | --- | --- | --- | | Q | 園 | | | (7 | | 美国 ▲ | 本档期 暑期档/06.01-08.31▼ ●含服务费 | | | | | | 〈返回今日 | | | | | 六 | 30.2 亿 | | | | | 档 | 含预售实时 北京时间15:47:18 ① | | | 档 | | 总出票7665.5万张 ① 总场次1765.4万场 | | | 平均票价39.4元 | | | 票房排名 | | | | 更多指标 ▶ | | 影片 | 档期票房 票房占比 | | 排片占比 | 上座率 | | | (万) | | | | | 侏罗纪世界: 重生 2025-07-02上映 | 41025.21 | 13.5% | 7.7% | 4.7% | | 酱园弄·悬案 2025-06-21上映 | 37235.55 | 12.3% | 10.1% | 4.0% | | 碟中谍8: 最终清 賞 | 35228.38 | 11.6% | 9.5% | 3.4% | | 2025-05-30上映 ...

Core Insights - Apple's artificial intelligence (AI) strategy is underperforming compared to peers, leading to stagnation in growth and lack of innovative product launches [1][5] - Companies like Taiwan Semiconductor and Broadcom are expected to experience significant growth in the AI sector, potentially surpassing Apple by 2030 [2][12] Group 1: Apple's Current Position - Apple has a market capitalization of $3.1 trillion, significantly higher than Broadcom's $1.3 trillion and Taiwan Semiconductor's $1.2 trillion [4] - Earnings growth for Apple has slowed, with expectations of only a high-single-digit rate increase in earnings per share (EPS) [5] - Apple trades at 32.7 times earnings, compared to the S&P 500's 24.2 times, indicating a significant premium that may not be sustainable [7] Group 2: Competitors' Growth Potential - Taiwan Semiconductor is projected to see AI-related revenue grow at a 45% compounded annual growth rate (CAGR) over the next five years, with overall growth at nearly 20% CAGR [9] - This growth could result in a 150% increase in revenue for Taiwan Semiconductor, positioning it close to Apple by 2030 [10] - Broadcom's custom AI accelerators, known as XPUs, are gaining popularity and could tap into a market worth between $60 billion and $90 billion by 2027 [11][12]