<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>早餐新聞：耐克的重置加速</h2>
<p>###2025 年 5 月 20 日</p>
<table>
<thead>
<tr>
<th>週一市場</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>標準普爾 500</strong><br/>5,964 (+0.09%)</td>
</tr>
<tr>
<td><strong>納斯達克</strong><br/>19,215 (+0.02%)</td>
</tr>
<tr>
<td><strong>道瓊斯</strong><br/>42,792 (+0.32%)</td>
</tr>
<tr>
<td><strong>比特幣</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>來源：Jester AI 製作的圖像。</p>
<h2>1. 耐克力求重返輝煌</h2>
<p><strong>耐克</strong>(NKE -1.77%) 正在縮減其技術部門，員工裁員是其通過迴歸根本、專注於體育和批發渠道來重新獲得增長的最新跡象。</p>
<ul>
<li><strong>轉向第三方供應商：</strong> 裁員的具體人數尚未披露，但通過外包部分職責，突顯了耐克希望優化資源，同時嚴格控制成本的願望。</li>
<li><strong>完善 “現在贏” 的戰略：</strong> 看好者指出新任首席執行官 Elliott Hill 實施的變革，以及關税問題可能是短期的潛在影響。</li>
</ul>
<h2>2. CATL 創下 2025 年 IPO 記錄</h2>
<p><strong>寧德時代</strong>(CATL) 在香港早盤交易中上漲了 14%，作為全球最大的電動車電池製造商，慶祝今年迄今為止最大的 IPO。籌集的 70 億美元將用於推動中國以外的增長。</p>
<ul>
<li><strong>“推動全球零碳經濟的使命的新里程碑”：</strong> 主席 Robin Zeng 對首次亮相表示歡迎，而 <strong>傑富瑞</strong>(Jefferies)(JEF -2.08%) 的中國工業研究負責人 Johnson Wan 強調，其當前市盈率僅為 17 倍。</li>
<li><strong>被五角大樓列入黑名單：</strong> 基於與中國軍方的聯繫的指控，該公司一直受到美國的審查，甚至有國會委員會要求 <strong>摩根大通</strong>(JPM -1.09%) 和 <strong>美國銀行</strong>(BAC 0.11%) 停止參與公開上市。</li>
</ul>
<h2>3. Howmet 在國防行業表現優異時上漲</h2>
<p>_股票顧問_推薦的 <strong>Howmet Aerospace</strong>(HWM 2.08%) 創下新高，因為多家航空航天和國防公司發佈了 52 周內的新高，突顯了當前對該行業的積極情緒。</p>
<ul>
<li><strong>“在應對 21 世紀威脅所需的能力上花錢”：</strong> 美國國務卿 Marco Rubio 上週末堅稱，北約成員國在未來七年內應將 GDP 的 5% 用於國防。這一提升將使相關公司獲得更多收入。</li>
<li><strong>強勁的財報季帶來的動力：</strong> <strong>諾斯羅普·格魯曼</strong>(Northrop Grumman)(NOC -0.56%) 報告稱，創紀錄的 928 億美元訂單積壓，而 <strong>通用動力</strong>(General Dynamics)(GD 0.17%) 則指出所有業務部門的收益均較 2024 年第一季度有所增加。</li>
</ul>
<h2>4. 接下來：家得寶、Palo Alto Networks 財報及美聯儲講話</h2>
<p><strong>家得寶</strong>(HD -0.37%) 在市場開盤前發佈了季度業績，收入超出預期但盈利未達標。重要的是，它維持了全年銷售預測不變，假設美中之間的低關税持續。</p>
<ul>
<li><strong>繼續轉向 AI 增強的安全解決方案和雲能力：</strong> 在收盤後，<strong>派拓網絡</strong>(Palo Alto Networks)(PANW 0.59%) 將發佈第二季度業績。下一代安全 (NGS) 產品在上個季度表現出色，股東們急於瞭解該部門的表現。</li>
<li><strong>尋找貨幣政策方向的線索：</strong> 美聯儲成員包括 Bostic、Daly、Hammock、Kugler 和 Barkin 今天都將發言，為投資者在下次 FOMC 會議前的過渡期提供大量新見解。</li>
</ul>
<h2>5. 你的看法</h2>
<p>當你去家居改善購物時，你更喜歡：家得寶；<strong>Lowe's</strong>(LOW 0.11%)；哪個離你家更方便；都不？與朋友和家人討論，或成為會員聽聽其他投資者的看法。</p>

家得寶

派拓網絡

<p>耐克正在縮減其技術部門，以重新聚焦於體育和批發渠道，作為新任首席執行官 Elliott Hill“立即獲勝” 戰略的一部分，裁員人數尚未披露。與此同時，寧德時代慶祝創紀錄的 70 億美元首次公開募股，儘管美國對其與軍事的聯繫進行了審查。霍梅特航空在國防行業蓬勃發展的背景下，股價上漲，呼籲增加北約支出。家得寶報告了業績喜憂參半，而派拓網絡即將發佈第二季度業績。聯邦儲備委員會成員今天發言，為下次 FOMC 會議提供見解</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>早餐新聞：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>週一市場</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>標準普爾 500</strong><br/>5,964 (+0.09%)</td>
</tr>
<tr>
<td><strong>納斯達克</strong><br/>19,215 (+0.02%)</td>
</tr>
<tr>
<td><strong>道瓊斯</strong><br/>42,792 (+0.32%)</td>
</tr>
<tr>
<td><strong>比特幣</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>來源：Jester AI 製作的圖像。</p>
</div><h2>1. Nike Aims for Return to Past Glories</h2>
<div class="lb-trans"><h2>1. 耐克力求重返輝煌</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%) 正在縮減其技術部門，員工裁員是其通過迴歸根本、專注於體育和批發渠道來重新獲得增長的最新跡象。</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>轉向第三方供應商：</strong> 裁員的具體人數尚未披露，但通過外包部分職責，突顯了耐克希望優化資源，同時嚴格控制成本的願望。</li>
<li><strong>完善 “現在贏” 的戰略：</strong> 看好者指出新任首席執行官 Elliott Hill 實施的變革，以及關税問題可能是短期的潛在影響。</li>
</ul>
</div><h2>2. CATL Sets 2025 IPO Record</h2>
<div class="lb-trans"><h2>2. CATL 創下 2025 年 IPO 記錄</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>寧德時代</strong>(CATL) 在香港早盤交易中上漲了 14%，作為全球最大的電動車電池製造商，慶祝今年迄今為止最大的 IPO。籌集的 70 億美元將用於推動中國以外的增長。</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>“推動全球零碳經濟的使命的新里程碑”：</strong> 主席 Robin Zeng 對首次亮相表示歡迎，而 <strong>傑富瑞</strong>(Jefferies)(JEF -2.08%) 的中國工業研究負責人 Johnson Wan 強調，其當前市盈率僅為 17 倍。</li>
<li><strong>被五角大樓列入黑名單：</strong> 基於與中國軍方的聯繫的指控，該公司一直受到美國的審查，甚至有國會委員會要求 <strong>摩根大通</strong>(JPM -1.09%) 和 <strong>美國銀行</strong>(BAC 0.11%) 停止參與公開上市。</li>
</ul>
</div><h2>3. Howmet Pops As Defense Sector Outperforms</h2>
<div class="lb-trans"><h2>3. Howmet 在國防行業表現優異時上漲</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>_股票顧問_推薦的 <strong>Howmet Aerospace</strong>(HWM 2.08%) 創下新高，因為多家航空航天和國防公司發佈了 52 周內的新高，突顯了當前對該行業的積極情緒。</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>“在應對 21 世紀威脅所需的能力上花錢”：</strong> 美國國務卿 Marco Rubio 上週末堅稱，北約成員國在未來七年內應將 GDP 的 5% 用於國防。這一提升將使相關公司獲得更多收入。</li>
<li><strong>強勁的財報季帶來的動力：</strong> <strong>諾斯羅普·格魯曼</strong>(Northrop Grumman)(NOC -0.56%) 報告稱，創紀錄的 928 億美元訂單積壓，而 <strong>通用動力</strong>(General Dynamics)(GD 0.17%) 則指出所有業務部門的收益均較 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. 接下來：家得寶、Palo Alto Networks 財報及美聯儲講話</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>家得寶</strong>(HD -0.37%) 在市場開盤前發佈了季度業績，收入超出預期但盈利未達標。重要的是，它維持了全年銷售預測不變，假設美中之間的低關税持續。</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>繼續轉向 AI 增強的安全解決方案和雲能力：</strong> 在收盤後，<strong>派拓網絡</strong>(Palo Alto Networks)(PANW 0.59%) 將發佈第二季度業績。下一代安全 (NGS) 產品在上個季度表現出色，股東們急於瞭解該部門的表現。</li>
<li><strong>尋找貨幣政策方向的線索：</strong> 美聯儲成員包括 Bostic、Daly、Hammock、Kugler 和 Barkin 今天都將發言，為投資者在下次 FOMC 會議前的過渡期提供大量新見解。</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>當你去家居改善購物時，你更喜歡：家得寶；<strong>Lowe's</strong>(LOW 0.11%)；哪個離你家更方便；都不？與朋友和家人討論，或成為會員聽聽其他投資者的看法。</p>
</div>

Breakfast News: Nike's Reset Accelerates

- Nike 裁員以重拾增長，聚焦體育和批發渠道。  
- CATL 在香港成功上市，籌集 70 億美元用於全球擴張。  
- Howmet Aerospace 創新高，國防支出預期推動相關公司收入增長。

早餐新聞：耐克的重組進程加快