-- eBay (EBAY) 下半年商品交易总额 (GMV) 增长放缓的预期引发了投资者的担忧，但摩根士丹利在周四的一份报告中指出，市场低估了该公司持续跑赢大盘的明确动力，并将任何疲软都视为买入良机。 该公司第一季度经汇率中性调整后的商品交易总额增长了14%，超过了此前预期的上限。然而，报告显示，下半年的预期增速将大幅放缓至3%左右，而上半年约为12%。 摩根士丹利表示，这种预期与预期之间的脱节是当前争论的焦点，并预计该公司下半年将凭借各业务板块的强劲增长势头、eBay Live和车辆等新兴增长点、一贯保守的业绩指引以及人工智能驱动工具带来的增长潜力，实现优异表现。 这家投资公司表示，他们越来越有信心该公司下半年能够实现中等个位数的商品交易总额增长，这可能会进一步修正盈利预期，并随着增长可持续性的日益明朗，支撑其估值上调。 摩根士丹利重申了对该股的“增持”评级，并将目标价从117美元上调至121美元。 eBay股价周四下跌2.7%。
Price: $101.02, Change: $-2.77, Percent Change: -2.67%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:OLED reported challenging Q1 results with revenue declining 14.5% Y/Y to $142M, well short of consensus expectations ($161M), while EPS of $0.76 fell 44% Y/Y and missed Street estimates ($1.20). The weakness was broad-based, with material sales down 2.9% to $84M and royalty/license fees declining 26.4% to $54M, representing the largest drag on quarterly performance. Management lowered 2026 revenue guidance to $650M from a prior $675M view, citing weak demand conditions. CFO noted near-term market conditions have become more measured while maintaining confidence in longer-term growth prospects, including Gen 8.6 capacity additions in Korea and China expected online this year. We agree with management's longer-term optimism but note weak current conditions may slow new OLED fab ramp timelines. We think the revised Q2-Q4 implied performance ($508M) creates room for downside risk below company projections, as the environment remains volatile.
China Shipbuilding Industry Group Power's (SHA:600482) net profit attributable to shareholders in 2025 slipped 6.5% to 1.30 billion yuan from 1.39 billion yuan a year earlier, according to a Shanghai bourse filing on Thursday.Earnings per share declined 4.9% year on year to 0.58 yuan from 0.61 yuan.The Chinese shipbuilding conglomerate's operating revenue rose 12% to 57.80 billion yuan from 51.70 billion yuan in the prior year.
Mercuria Energy Group said it has filed a lawsuit in London's High Court against Baltic Exchange Information Services, alleging distortion of a key oil shipping benchmark, Bloomberg reported on Thursday.The dispute centers on the TD3C route, which tracks the cost of shipping crude from the Middle East to China.Mercuria said the rate "no longer accurately or reliably represents the underlying market it is intended to measure," according to the claim form seen by Bloomberg, adding that the impact has led to losses estimated in the "hundreds of millions of US dollars."The Baltic Exchange, owned by Singapore Exchange, publishes freight rates widely used in global oil markets and derivatives trading.