Key Takeaways GSAT will expand its Alcazar Teleport in Spain with new antennas and infrastructure upgrades. The upgrade supports GSAT's C-3 System to enhance satellite connectivity across Europe. GSAT's service continuity during recent Iberian outages highlights its network resilience.Globalstar, Inc. (GSAT) has announced definitive agreements with Telecom Castilla-La Mancha, S.A. (Telecom CLM) to significantly expand its Alcazar Teleport facility in Castilla-La Mancha, Spain. This move marks a strategic ...

Key Takeaways CYBR's subscription ARR grew 65% year over year to $1.03B, now 85% of total ARR in Q1 FY25. Cross-selling wins like PKI and Venafi deals drove larger, stickier subscription contracts. Our model projects subscription ARR to rise 26% in 2025 as multi-solution adoption gains momentum.CyberArk (CYBR) reported strong subscription growth in the first quarter of fiscal 2025. Subscription annual recurring revenues (ARR) crossed $1.03 billion, up 65% from a year ago. Net new subscription ARR was $51 ...

1．美国ETF创新产品：Innovator发行"双向"策略产品 上周美国共14只新发产品，月初有较多Buffer类产品发行： 上周有较多结构化产品发行，First Trust发行一只挂钩比特币的产品，通过期权结构得到的年度损失上限为15%，目 前年度的收益上限对应为31.26%。安联资管、PGIM上周都发行了挂钩标普500的Buffer产品，而Innovator进一步拓 宽产品策略，发行"双向"策略，在上涨、下跌时都提供正收益，即上涨时为正向、下跌时为反向策略，各自有一定收 益上限，下跌超出Buffer区间后承担超出部分损失： 目前产品的结构区间仍为一年，挂钩标普500，设置了10%、15%两种Buffer区间。 上周二，Anfield发行一只标普500指数增强产品，主要通过选股和衍生品来获取超额收益，选股部分主要使用量化方 法，且较侧重动量类指标。 Hedgeye上周发行一只混合配置ETF，该产品希望通过配置获取收益并将最大回撤控制在15%以内，该产品的基金经 理此前为超过800家慈善机构管理超过80亿美元资产，主要通过宏观、市场分析对ETF打分然后配置，目前产品的前 五 大 持 仓 如 下 ， 股 票 上 ...

Joint Development Agreement builds on ongoing collaboration with Manz AsiaMANCHESTER, England, July 9, 2025 /PRNewswire/ -- Smartkem (Nasdaq: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, today announced that it has entered into a preliminary Joint Development Agreement (JDA) with Manz Asia, a pioneer in advanced packaging equipment for the semiconductor industry, which, when finalized will focus on the co-development of next generation dielectric ink ...

在全球能源转型的关键赛道上，氢能，特别是绿氢（可再生能源电解水制氢），正从示范迈向助力能源转型的重要力量之一。阳 光氢能，作为绿氢技术先行者，正以其系统性创新，破解效率与规模化的行业难题，定义未来氢能行业的新方向。在AI与产业深度融 合的今天，氢能企业又该如何锻造核心竞争力？作为一家专注于可再生能源电解水制氢技术研发和生产的企业，阳光氢能快速崛起并 引领行业的密码是什么？ 技术破局：直击效率与规模化核心痛点 绿氢产业的核心在于效率提升与规模实现，技术创新是根本驱动力。阳光氢能紧抓数智化窗口期，在产品结构、材料及智能化上 实现重大突破，有效解决电解槽衰减、能耗和成本等行业难题。 2024年，阳光氢能全球首发300Nm³/h PEM电解槽，突破国内PEM单槽产氢量,多项指标赶超国际水平；同年发布2000+Nm³/h数智 化碱性电解槽，在催化剂、电极、流场设计等关键环节取得突破，并搭载数字化管理系统，实现全景监控、安全防控和健康管理，通 过传感器、数据采集与智能算法，实现电解槽状态可视化、运行安全与调控优化。数智化电解槽与PWM制氢电源组成"黄金搭档"，配 合Hybrain智慧氢能管理系统，构建起在深度数智化基础上 ...

Key Takeaways CRWD Q1 FCF margin rose to 25% with $279M free cash flow despite $61M outage-related costs. Falcon Flex reached $3.2B in deal value, growing 31% sequentially and sixfold year-over-year. CrowdStrike aims for FCF margins above 30% by FY27 with focus on AI and platform expansion.CrowdStrike Holdings (CRWD) delivered a solid start to fiscal 2026 with its free cash flow (FCF) margin climbing to 25% in the first quarter from 23% in the previous quarter. In the first quarter of fiscal 2026, CrowdSt ...

WeWork中国首席技术官胡建 （WeWork中国提供） "存量时代，商业地产的价值不再仅仅取决于地理位置和硬件设施，更取决于其能否灵活适应市场变化和满 足多样化需求。"日前，WeWork中国首席技术官胡建在接受《每日经济新闻》记者（以下简称NBD）采访时 表示。 胡建：这个矛盾本质上是市场供需错配导致的。从供给端看，国内商业地产市场玩家结构单一，运营模式趋 同，办公产品同质化。2018年前后，灵活办公的出现虽带来些许变化，但整体影响有限。而在海外成熟市 场，非传统玩家占比接近30%，灵活办公运营商、居住办公融合项目以及俱乐部式办公空间等多元主体使市 场供给丰富。从需求端看，国内用户需求日益细化，现有产品也已经无法充分满足。 NBD：存量时代，如何突破传统灵活办公"二房东"模式的效率天花板？ 谈及不久前的"2025年AI科技创新生态盛会暨WeWork中国新品全球首发"，胡建表示，整个行业已经经历了 从快速扩张到自我迭代，再到颠覆重建的过程。当前办公楼宇供应与需求之间的矛盾，本质上来自供需错 配。今年发布的灵活办公智能解决方案"悠座FLEXJOY"完成了从门禁到空间管理，再到财务管理的一体化再 升级，通过技术手 ...

Transaction expected to facilitate enhanced focus on Xtant's core businesses Total consideration of approximately $19.2 million allows Xtant to reduce outstanding debt and improve liquidityBELGRADE, Mont., July 8, 2025 /PRNewswire/ -- Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal, orthopedic, and woundcare disorders, today announced that the company has entered into agreements to sell certain Coflex® and CoFi ...

每经记者｜黄辛旭 每经编辑｜裴健如 "中国市场的'舱驾一体'发展速度非常快，为什么会发生这样的现象？这会带来什么？"近日，高通技术公司产品管理副总裁Anshuman Saxena提出了他的思 考和观察。 简单来说，"舱驾一体"就是将原本独立的智能座舱和智能驾驶功能融合在一起，打通硬件和软件的壁垒，形成一个强大的"中央大脑"，统筹管理汽车的所有 智能功能。目前，蔚来、小鹏汽车、岚图、极氪、车联天下、德赛西威和Momenta等都在"舱驾一体"领域积极布局。 当"舱驾一体"成为智能汽车领域的新趋势，将会给行业带来怎样的改变？"汽车架构的演进正成为汽车行业变革的核心，原因是现在整个汽车产品线和电动 汽车架构都在从零开始加速创新，而中国正处于速度与创新的中心。"Anshuman Saxena认为，新一轮的汽车创新，始于电子电气架构的融合。 "舱驾一体"正成为行业趋势 过去，传统的汽车架构像一个由多个独立"小脑"组成的"分布式系统"，每个"小脑"负责一部分功能，例如仪表盘、导航、空调等。但现在，汽车架构正逐步 集中起来。 "随着整车电子电气架构慢慢从分布式向集中式发展，一些功能和产品形式也会慢慢出现集中式发展。目前主要有 ...

Core Insights - CrowdStrike Holdings (CRWD) shares have increased by 10.7% over the past month, outperforming the Zacks Security industry's growth of 4.6% and surpassing peers like CyberArk Software, Palo Alto Networks, and Check Point Software [1][10] - The company's growth is driven by strong enterprise demand for AI-native cybersecurity solutions and the Falcon Flex subscription model, which enhances customer commitment and revenue growth [2][4] Performance Metrics - As of the end of the first quarter, CrowdStrike reported an Annual Recurring Revenue (ARR) of $4.44 billion, reflecting a year-over-year increase of 22% [5] - The Falcon Flex model achieved a total deal value of $3.2 billion, with a sequential growth of 31% and over six times year-over-year growth [6][10] - The company added $774 million in total Falcon Flex account value during the first quarter of fiscal 2026 [5] Customer Adoption and Expansion - More than 820 customer accounts have adopted the Falcon Flex model, indicating strong market acceptance [6] - A significant expansion deal was secured with a Fortune 100 technology company, increasing its contract from $12 million to over $100 million [7] - A large healthcare provider also signed an eight-figure Falcon Flex expansion deal [8] Subscription and Revenue Growth - CrowdStrike's quarterly revenues exceeded $1 billion for the third consecutive time, marking a year-over-year improvement of nearly 21% [11] - Subscription customers using six or more cloud modules represented 48% of total customers, with 32% using seven or more modules [12] AI Integration and Partnerships - The Falcon platform is gaining traction as an "AI-native SOC," with partnerships with AI companies to enhance capabilities [13] - Collaborations with NVIDIA and Microsoft aim to secure AI systems and standardize cyber threat attribution [14] Cost Structure and Earnings Pressure - Research and development expenses have increased significantly, rising twelvefold over the last six fiscal years [15] - Sales and marketing expenses surged nearly ninefold to $1.52 billion in fiscal 2025 [16] - In the first quarter of fiscal 2026, sales and marketing and R&D expenses rose by 25.5% and 34.7% year-over-year, respectively, impacting earnings [17] Valuation Metrics - CrowdStrike is trading at a high price-to-sales (P/S) ratio of 24.55X, compared to the Zacks Security industry's 15.07X [19] - The P/S multiples for peers CyberArk, Palo Alto Networks, and Check Point Software are 13.6X, 12.97X, and 8.81X, respectively [22] Investment Outlook - The company is positioned well in the AI-driven cybersecurity market, but shrinking profits and high valuation suggest a cautious investment approach [23]