铜价预测调整 - 高盛将2025年下半年LME铜价预测从9140美元上调至9890美元 [1] - 预计2025年铜价峰值将达到每吨10,050美元 [1] - 预计2026年全年铜价均价为10,000美元(此前预测为10,170美元) [1] - 预计2026年12月铜价将达到10,350美元 [1] 短期铜价走势 - 预计2024年12月铜价将下跌至9700美元 [1]

公司动态 - 以色列航空宣布重新开放销售所有航线机票 [1] - 公司计划从下周起恢复所有目的地的常规航班 [1] 行业动向 - 以色列航空全面恢复运营标志着航空业复苏的重要进展 [1]

行业概况 - 全球电子元件市场规模2024年达3936.3亿美元 预计2025年增长至4282.2亿美元 2032年将达8478.8亿美元 2025-2032年复合增长率10.3% [3] - 行业终端市场涵盖汽车、宽带通信、商业航空航天、国防、工业、IT与数据通信、移动设备和移动网络 [2] Amphenol(APH)业务分析 - 业务多元化降低单一终端市场和地域波动性 产品组合包括电气/电子/光纤连接器、天线、传感器及特种电缆 [1][4] - 2025年Q2销售额预计环比高个位数增长 国防新技术支出和商用飞机需求成为关键催化剂 [4] - 人工智能和机器学习发展推动高速电源与光纤互连解决方案需求 数据通信垂直领域将持续驱动通信解决方案板块增长 [5] - 2024年收购贡献8%营收 包括拓展国防/航空/工业市场的CIT公司 以及增强工业互连产品的Lutze公司 [6] - 收购CommScope的Andrew业务扩大基站天线和分布式天线系统布局 预计2025年增厚每股收益0.09美元 [7] - 医疗互连产品供应商LifeSync年销售额约1亿美元 强化医疗领域布局 [7] Bel Fuse(BELFB)业务分析 - 业务多元化但受中国供应商禁令影响 消费类市场及电力板块中的网络/铁路/电动出行领域销售下滑 [9] - 2025年Q1订单积压达3.957亿美元 环比增长4% 航空航天/国防/太空/AI领域持续强劲 [8] - 关税上升和宏观经济环境挑战导致铁路/消费市场承压 电动出行需求疲软 [10] - Enercon收购推高2025年Q1研发与行政费用 但未来将通过价格谈判/供应商优化/自动化等措施在12-18个月内实现成本节约 [10][11] 财务与估值比较 - 年初至今APH股价上涨37.9% BELFB上涨12.1% [12] - APH远期市销率5.58倍 BELFB为1.82倍 APH价值评分D(高估) BELFB评分B(低估) [15][18] - 2025年共识预期：APH每股收益2.68美元(60日内上调6.8% 同比增41.8%) BELFB每股收益6.05美元(60日内上调0.8% 同比增84.45%) [19][20] 投资结论 - APH凭借收购扩张和现金流优势更具增长潜力 当前Zacks评级为2级(买入) BELFB评级3级(持有) [21][22]

公司业绩 - 联邦快递(FDX)2025财年第四季度每股收益6 07美元 超出Zacks共识预期5 93美元 同比增长12 2% [3] - 季度营收222亿美元 同比增长0 5% 略超217亿美元的市场预期 [3] - 公司预计2026财年第一季度营收持平或增长2% 调整后每股收益指引3 40-4 00美元 低于市场预期的4 05美元 [4] 成本控制与贸易风险 - 公司已完成40亿美元成本削减目标 计划在新财年再削减10亿美元成本 [5] - 未提供2026财年业绩指引 主要因中美贸易政策不确定性 相比竞争对手UPS对中国贸易敞口更大 [5] 相关ETF影响 - 联邦快递股价盘后下跌5% 将影响持仓占比较高的ETF包括SUPL(4 6%) IYT(4 5%) FTXR(3 6%) SHPP(3 1%) [2][6][8][10][12] - SUPL ETF资产规模90万美元 日均成交量仅100股 年费率0 58% 跟踪供应链物流指数 [6][7] - IYT ETF规模6 57亿美元 日均成交量38 6万股 年费率0 39% 铁路运输板块占比26 1% [8][9] - FTXR ETF规模2840万美元 日均成交量1000股 年费率0 60% 跟踪纳斯达克智能运输指数 [10][11] - SHPP ETF规模160万美元 日均成交量2500股 年费率0 61% 持仓109只全球供应链相关股票 [12][13]

Ad hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland – June 25, 2025Idorsia Ltd. (SIX: IDIA) today announced the positive outcome of two bondholder meetings held at 17:30 CEST and 19:00 CEST on June 25, 2025. The bondholder meetings for holders of Idorsia’s outstanding CHF 200 million convertible bonds maturing in 2025 (CB 2025; ISIN CH0426820350), and CHF 600 million convertible bonds maturing in 2028 (CB 2028; ISIN CH1128004079) were held to vote on the amendments to the terms of the CB 2025 ...

WILMINGTON, Del., June 25, 2025 (GLOBE NEWSWIRE) -- The Akkermansia Company (TAC) today announces that it has been acquired by Danone, a leading global food and beverage company. TAC’s founding scientists first discovered the biotic strain Akkermansia muciniphila MucT in 2004 and have since developed it using state-of-the-art technology. They clinically demonstrated its power to reinforce the gut barrier, reduce inflammation, and counteract metabolic disorders such as obesity, diabetes and cardiovascular di ...

ATLANTA, June 25, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Ichor Holdings, Ltd. (“Ichor” or the “Company”) (NASDAQ: ICHR) complied with federal securities laws. On May 5, 2025, Ichor reported first quarter 2025 financial results. In a conference call held the same day, Ichor’s CEO explained the quarter’s results, stating: “In Q1, our strategy did not materialize into the margin flow through we anticipated, essentially because we ended up purchasing far more external supply than ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Acuity (AYI) , which belongs to the Zacks Technology Services industry, could be a great candidate to consider.This lighting maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1.98%.For the most recent quarter, Acuity was ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Levi Strauss (LEVI) , which belongs to the Zacks Retail - Apparel and Shoes industry, could be a great candidate to consider.This jeans maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 19.94%.For the last reported quarter, Levi Strauss cam ...

ATLANTA, June 25, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether GoHealth, Inc. (“GoHealth” or the “Company”) (NASDAQ: GOCO) complied with federal securities laws. On May 1, 2025, the Department of Justice filed a complaint against GoHealth and others alleging that the Company, among other things, “knowingly entered into unlawful agreements to present false or fraudulent claims to the Government and performed acts in furtherance of this conspiracy.” Following this news, the price of ...