<p><img src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png"/></p>
<h2>早餐新闻：耐克的重置加速</h2>
<p>###2025 年 5 月 20 日</p>
<table>
<thead>
<tr>
<th>周一市场</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>标准普尔 500</strong><br/>5,964 (+0.09%)</td>
</tr>
<tr>
<td><strong>纳斯达克</strong><br/>19,215 (+0.02%)</td>
</tr>
<tr>
<td><strong>道琼斯</strong><br/>42,792 (+0.32%)</td>
</tr>
<tr>
<td><strong>比特币</strong><br/>$105,631 (+1.6%)</td>
</tr>
</tbody>
</table>
<p><img src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/682c57d0c213b700650fae38/original.png/query-MTc0NzczNjUyOA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/682c57d0c213b700650fae38/original.png/query-MTc0NzczNjUyOA"/></p>
<p>来源：Jester AI 制作的图像。</p>
<h2>1. 耐克力求重返辉煌</h2>
<p><strong>耐克</strong>(NKE -1.77%) 正在缩减其技术部门，员工裁员是其通过回归根本、专注于体育和批发渠道来重新获得增长的最新迹象。</p>
<ul>
<li><strong>转向第三方供应商：</strong> 裁员的具体人数尚未披露，但通过外包部分职责，突显了耐克希望优化资源，同时严格控制成本的愿望。</li>
<li><strong>完善 “现在赢” 的战略：</strong> 看好者指出新任首席执行官 Elliott Hill 实施的变革，以及关税问题可能是短期的潜在影响。</li>
</ul>
<h2>2. CATL 创下 2025 年 IPO 记录</h2>
<p><strong>宁德时代</strong>(CATL) 在香港早盘交易中上涨了 14%，作为全球最大的电动车电池制造商，庆祝今年迄今为止最大的 IPO。筹集的 70 亿美元将用于推动中国以外的增长。</p>
<ul>
<li><strong>“推动全球零碳经济的使命的新里程碑”：</strong> 主席 Robin Zeng 对首次亮相表示欢迎，而 <strong>杰富瑞</strong>(Jefferies)(JEF -2.08%) 的中国工业研究负责人 Johnson Wan 强调，其当前市盈率仅为 17 倍。</li>
<li><strong>被五角大楼列入黑名单：</strong> 基于与中国军方的联系的指控，该公司一直受到美国的审查，甚至有国会委员会要求 <strong>摩根大通</strong>(JPM -1.09%) 和 <strong>美国银行</strong>(BAC 0.11%) 停止参与公开上市。</li>
</ul>
<h2>3. Howmet 在国防行业表现优异时上涨</h2>
<p>_股票顾问_推荐的 <strong>Howmet Aerospace</strong>(HWM 2.08%) 创下新高，因为多家航空航天和国防公司发布了 52 周内的新高，突显了当前对该行业的积极情绪。</p>
<ul>
<li><strong>“在应对 21 世纪威胁所需的能力上花钱”：</strong> 美国国务卿 Marco Rubio 上周末坚称，北约成员国在未来七年内应将 GDP 的 5% 用于国防。这一提升将使相关公司获得更多收入。</li>
<li><strong>强劲的财报季带来的动力：</strong> <strong>诺斯罗普·格鲁曼</strong>(Northrop Grumman)(NOC -0.56%) 报告称，创纪录的 928 亿美元订单积压，而 <strong>通用动力</strong>(General Dynamics)(GD 0.17%) 则指出所有业务部门的收益均较 2024 年第一季度有所增加。</li>
</ul>
<h2>4. 接下来：家得宝、Palo Alto Networks 财报及美联储讲话</h2>
<p><strong>家得宝</strong>(HD -0.37%) 在市场开盘前发布了季度业绩，收入超出预期但盈利未达标。重要的是，它维持了全年销售预测不变，假设美中之间的低关税持续。</p>
<ul>
<li><strong>继续转向 AI 增强的安全解决方案和云能力：</strong> 在收盘后，<strong>派拓网络</strong>(Palo Alto Networks)(PANW 0.59%) 将发布第二季度业绩。下一代安全 (NGS) 产品在上个季度表现出色，股东们急于了解该部门的表现。</li>
<li><strong>寻找货币政策方向的线索：</strong> 美联储成员包括 Bostic、Daly、Hammock、Kugler 和 Barkin 今天都将发言，为投资者在下次 FOMC 会议前的过渡期提供大量新见解。</li>
</ul>
<h2>5. 你的看法</h2>
<p>当你去家居改善购物时，你更喜欢：家得宝；<strong>Lowe's</strong>(LOW 0.11%)；哪个离你家更方便；都不？与朋友和家人讨论，或成为会员听听其他投资者的看法。</p>

家得宝

派拓网络

<p>耐克正在缩减其技术部门，以重新聚焦于体育和批发渠道，作为新任首席执行官 Elliott Hill“立即获胜” 战略的一部分，裁员人数尚未披露。与此同时，宁德时代庆祝创纪录的 70 亿美元首次公开募股，尽管美国对其与军事的联系进行了审查。霍梅特航空在国防行业蓬勃发展的背景下，股价上涨，呼吁增加北约支出。家得宝报告了业绩喜忧参半，而派拓网络即将发布第二季度业绩。联邦储备委员会成员今天发言，为下次 FOMC 会议提供见解</p>

<p><img src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png" alt="" original-src="https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png"/></p>
<h2>Breakfast News: Nike's Reset Accelerates</h2>
<div class="lb-trans"><h2>早餐新闻：耐克的重置加速</h2>
</div><h3>May 20, 2025</h3>
<div class="lb-trans"><p>###2025 年 5 月 20 日</p>
</div><table>
<thead>
<tr>
<th>Monday's Markets</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>S&amp;P 500</strong><br/>5,964 (+0.09%)</td>
</tr>
<tr>
<td><strong>Nasdaq</strong><br/>19,215 (+0.02%)</td>
</tr>
<tr>
<td><strong>Dow</strong><br/>42,792 (+0.32%)</td>
</tr>
<tr>
<td><strong>Bitcoin</strong><br/>$105,631 (+1.6%)</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>周一市场</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>标准普尔 500</strong><br/>5,964 (+0.09%)</td>
</tr>
<tr>
<td><strong>纳斯达克</strong><br/>19,215 (+0.02%)</td>
</tr>
<tr>
<td><strong>道琼斯</strong><br/>42,792 (+0.32%)</td>
</tr>
<tr>
<td><strong>比特币</strong><br/>$105,631 (+1.6%)</td>
</tr>
</tbody>
</table>
</div><p><img src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/682c57d0c213b700650fae38/original.png/query-MTc0NzczNjUyOA" alt="" original-src="https://braze-images.com/appboy/communication/assets/image_assets/images/682c57d0c213b700650fae38/original.png?1747736528"/></p>
<p>Source: Image Created by Jester AI.</p>
<div class="lb-trans"><p>来源：Jester AI 制作的图像。</p>
</div><h2>1. Nike Aims for Return to Past Glories</h2>
<div class="lb-trans"><h2>1. 耐克力求重返辉煌</h2>
</div><p><strong>Nike</strong>(NKE -1.77%) is downsizing its technology division, with employee layoffs the latest sign of a push to recapture growth by going back to the roots and focusing on sports and wholesale channels.</p>
<div class="lb-trans"><p><strong>耐克</strong>(NKE -1.77%) 正在缩减其技术部门，员工裁员是其通过回归根本、专注于体育和批发渠道来重新获得增长的最新迹象。</p>
</div><ul>
<li><strong>Shifting to third-party vendors:</strong> The exact number of job cuts remains undisclosed, but via outsourcing some responsibilities, it highlights Nike's desire to optimize resources while keeping a tight control on costs.</li>
<li><strong>Refining the &#34;Win Now&#34; strategy:</strong> Bulls point to the changes implemented from new CEO Elliott Hill, along with the potential for tariff concerns to be short-lived.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>转向第三方供应商：</strong> 裁员的具体人数尚未披露，但通过外包部分职责，突显了耐克希望优化资源，同时严格控制成本的愿望。</li>
<li><strong>完善 “现在赢” 的战略：</strong> 看好者指出新任首席执行官 Elliott Hill 实施的变革，以及关税问题可能是短期的潜在影响。</li>
</ul>
</div><h2>2. CATL Sets 2025 IPO Record</h2>
<div class="lb-trans"><h2>2. CATL 创下 2025 年 IPO 记录</h2>
</div><p><strong>Contemporary Amperex Technology</strong> (CATL) rose as much as 14% in early trading in Hong Kong, as the world's largest maker of EV batteries celebrated the largest IPO so far this year. The $7 billion raised will go toward fueling growth outside of China.</p>
<div class="lb-trans"><p><strong>宁德时代</strong>(CATL) 在香港早盘交易中上涨了 14%，作为全球最大的电动车电池制造商，庆祝今年迄今为止最大的 IPO。筹集的 70 亿美元将用于推动中国以外的增长。</p>
</div><ul>
<li><strong>&#34;A new milestone in our mission to drive the global zero-carbon economy&#34;:</strong> Chairman Robin Zeng embraced the debut, while Johnson Wan, head of China industrials research at <strong>Jefferies</strong>(JEF -2.08%), highlighted it's only priced at 17 times current earnings multiple.</li>
<li><strong>Blacklisted by the Pentagon:</strong> Based on allegations of links to the Chinese military, the company has been under scrutiny by the U.S., with a congressional committee even asking <strong>JPMorgan</strong>(JPM -1.09%) and <strong>Bank of America</strong>(BAC 0.11%) to stop working on the public listing.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“推动全球零碳经济的使命的新里程碑”：</strong> 主席 Robin Zeng 对首次亮相表示欢迎，而 <strong>杰富瑞</strong>(Jefferies)(JEF -2.08%) 的中国工业研究负责人 Johnson Wan 强调，其当前市盈率仅为 17 倍。</li>
<li><strong>被五角大楼列入黑名单：</strong> 基于与中国军方的联系的指控，该公司一直受到美国的审查，甚至有国会委员会要求 <strong>摩根大通</strong>(JPM -1.09%) 和 <strong>美国银行</strong>(BAC 0.11%) 停止参与公开上市。</li>
</ul>
</div><h2>3. Howmet Pops As Defense Sector Outperforms</h2>
<div class="lb-trans"><h2>3. Howmet 在国防行业表现优异时上涨</h2>
</div><p><em>Stock Advisor</em> recommendation <strong>Howmet Aerospace</strong>(HWM 2.08%) hit a fresh record as several aerospace and defense companies posted fresh 52-week intraday highs, highlighting the positive sentiment toward the sector right now.</p>
<div class="lb-trans"><p>_股票顾问_推荐的 <strong>Howmet Aerospace</strong>(HWM 2.08%) 创下新高，因为多家航空航天和国防公司发布了 52 周内的新高，突显了当前对该行业的积极情绪。</p>
</div><ul>
<li><strong>&#34;Spending money on the capabilities that are needed for the threats of the 21st century&#34;:</strong> U.S. Secretary of State Marco Rubio insisted late last week that NATO members invest 5% of GDP on defense over the next seven years. Such a boost would see more revenue flowing to related companies.</li>
<li><strong>Momentum from a strong earnings season:</strong> <strong>Northrop Grumman</strong>(NOC -0.56%) reported a record-high order backlog of $92.8 billion, with <strong>General Dynamics</strong>(GD 0.17%) noting all business units delivered increased earnings compared to Q1 2024.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“在应对 21 世纪威胁所需的能力上花钱”：</strong> 美国国务卿 Marco Rubio 上周末坚称，北约成员国在未来七年内应将 GDP 的 5% 用于国防。这一提升将使相关公司获得更多收入。</li>
<li><strong>强劲的财报季带来的动力：</strong> <strong>诺斯罗普·格鲁曼</strong>(Northrop Grumman)(NOC -0.56%) 报告称，创纪录的 928 亿美元订单积压，而 <strong>通用动力</strong>(General Dynamics)(GD 0.17%) 则指出所有业务部门的收益均较 2024 年第一季度有所增加。</li>
</ul>
</div><h2>4. Next Up: HD, PANW Earnings Plus Fedspeak</h2>
<div class="lb-trans"><h2>4. 接下来：家得宝、Palo Alto Networks 财报及美联储讲话</h2>
</div><p><strong>Home Depot</strong>(HD -0.37%) released quarterly results before the market opened, with revenue beating expectations but earnings missing. Importantly, it left the full-year sales forecast unchanged, assuming the continuation of lower tariffs between the U.S. and China.</p>
<div class="lb-trans"><p><strong>家得宝</strong>(HD -0.37%) 在市场开盘前发布了季度业绩，收入超出预期但盈利未达标。重要的是，它维持了全年销售预测不变，假设美中之间的低关税持续。</p>
</div><ul>
<li><strong>Continued pivot toward AI-enhanced security solutions and cloud capabilities:</strong> After the closing bell, <strong>Palo Alto Networks</strong>(PANW 0.59%) will report Q2 results. Next Generation Security (NGS) offerings paid off big last quarter, with shareholders eager to see how this segment is doing.</li>
<li><strong>Looking for clues on monetary policy direction:</strong> Federal Reserve members including Bostic, Daly, Hammock, Kugler, and Barkin are all down to speak today, providing a host of new insights for investors to digest in the interim period before the next FOMC meeting on June 18th.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>继续转向 AI 增强的安全解决方案和云能力：</strong> 在收盘后，<strong>派拓网络</strong>(Palo Alto Networks)(PANW 0.59%) 将发布第二季度业绩。下一代安全 (NGS) 产品在上个季度表现出色，股东们急于了解该部门的表现。</li>
<li><strong>寻找货币政策方向的线索：</strong> 美联储成员包括 Bostic、Daly、Hammock、Kugler 和 Barkin 今天都将发言，为投资者在下次 FOMC 会议前的过渡期提供大量新见解。</li>
</ul>
</div><h2>5. Your Take</h2>
<div class="lb-trans"><h2>5. 你的看法</h2>
</div><p>When you go home improvement shopping, do you prefer: The Home Depot; <strong>Lowe's</strong>(LOW 0.11%); Whichever is more convenient to your home; Neither? Discuss with friends and family, or become a member to hear what your fellow Fools are saying.</p>
<div class="lb-trans"><p>当你去家居改善购物时，你更喜欢：家得宝；<strong>Lowe's</strong>(LOW 0.11%)；哪个离你家更方便；都不？与朋友和家人讨论，或成为会员听听其他投资者的看法。</p>
</div>

Breakfast News: Nike's Reset Accelerates

- Nike 裁员以重拾增长，聚焦体育和批发渠道。  
- CATL 在香港成功上市，筹集 70 亿美元用于全球扩张。  
- Howmet Aerospace 创新高，国防支出预期推动相关公司收入增长。

早餐新闻：耐克的重组进程加快