Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN MarketBeat

Bank sees stronger demand visibility extending into 2027.

周三美股成交额第1名英伟达收高1.63%，成交301.82亿美元。据报道，英伟达和Meta Platforms宣布达成一项多年期协议，将为Meta的美国AI数据中心扩张提供“数百万块”下一代GPU，以及独立的Grace CPU和Spectrum-X网络产品，巩固了英伟达的平台领先地位。 研究公司Radio Free Mobile的创始人理查德·温莎认为，此次扩大合作是“数据中心向Arm迁移的步伐正在加快的迹象”。他在周三的一份报告中表示，对于x86 CPU架构与Arm同名架构相竞争的 英特尔 而言，这一动向“是糟糕的消息”。他在这份报告中称该交易是“英特尔杀手”。 第2名 特斯拉 收高0.17%，成交188.49亿美元。在加州机动车辆管理局认定其存在误导性广告后，特斯拉已停止在该州营销中使用“Autopilot（自动驾驶）”字样，并将“Full Self-Driving（全自动驾驶）”之前加注“supervised（受监督）”，因此将不会面临30天的加州驾照吊销处罚。 第3名 闪迪 收高1.66%，成交148.95亿美元。 西部数据 将以31.7亿美元出售闪迪部分股份。 第4名 美光 收高5.3%，成交133.64亿美元。英伟达周三宣布，美光科技旗下忆恒创源（Persistent）借助英伟达BioNeMo和NeMo Agent工具包加速由人工智能驱动的分子发现进程。 第8名 苹果 收高0.18%，成交88.84亿美元。苹果本周表示，用户很快可以利用人工智能在Apple Music创建播放列表。这一名为“Playlist Playground”的功能通过Apple Intelligence将文本提示转化为包含封面图、描述及25首歌曲的播放列表。该功能包含在周一发布测试版的iOS 26.4中，并将于今年春季更广泛推出。Apple Music的新功能将与Spotify Technology SA的类似产品展开竞争。 第9名 谷歌 A类股收高0.43%，成交47.62亿美元。谷歌与苹果公司正将音乐类生成式人工智能功能引入其核心消费者应用，此举凸显了先进的AI工具在步入主流使用。 谷歌周三在博客文章中表示，Gemini人工智能助手现可基于用户上传的文本、照片或视频，利用Google DeepMind最新的Lyria 3模型生成30秒的音乐曲目。该功能可生成定制歌词或纯音乐音频...

Eight skiers were found dead after being trapped by an avalanche in the mountains of northern California. Another is missing and presumed dead. It happened close to Lake Tahoe. This is Nevada County Sheriff Shannan Moon. (Source: Bloomberg)

Foreign purchases of US financial assets accelerated in 2025, led by demand for stocks and US Treasuries, data on Wednesday showed — marking a sharp rebuttal of the “Sell America” narrative that’s become a regular feature of discussion among market participants. Overseas investors bought a net $1.55 trillion of long-term US financial assets in 2025, data released by the Treasury Department on Wednesday showed. That’s up from a net $1.18 trillion of purchases the previous year. Of that total, $658.5 billion went into equities and $442.7 billion to Treasury notes and bonds. President Donald Trump ’s regular threats of steep tariff hikes — deployed for reasons ranging from economic to geopolitical to national security — have triggered concerns that investors abroad will abandon American markets and the dollar. Amid Trump’s pressure on Denmark over its island of Greenland, a Danish pension fund last month warned it was planning to exit its Treasuries position. Dutch fund Stichting Pensioenfonds ABP, Europe’s biggest, dramatically scaled back its exposure last year. But Treasury Secretary Scott Bessent has regularly pushed back against the “sell America” rhetoric, arguing that the administration’s economic policies enhance the US’s position as the top destination for global capital. “Yes, there has been geopolitical instability as of late, and the sell-the-dollar trade has been popular as a result,” said Andrew Hazlett, a foreign-exchange trader at Monex Inc. But ultimately Treasuries make up a large share of sovereign debt holdings, he noted. “I don’t really see a world where that changes.” Dollar Role Dollar depreciation last year might have even encouraged some overseas managers to load up on US securities. Geoff Yu , senior macro strategist at BNY — one of the world’s largest custodians — said earlier this month that was what happened after the market gyrations spurred by Trump’s “Liberation Day” tariff announcement last April. “Our data show that cross-border invest...

Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN Finviz

Good morning from Sydney, where we’re looking at why 7-Eleven’s Japanese parent is using Australia as the test case for global expansion — and stocking local shelves with fried chicken and onigiri rice balls. Elsewhere, there’s a bit of economic news to digest: Australia’s wage growth stayed stubbornly high last quarter and across the ditch, New Zealand’s central bank kept rates unchanged. And finally, Rio Tinto increased its bets on the Canadian battery metals sector. - Sharon Klyne, private credit reporter. What’s happening now The company behind 7-Eleven is betting Australia can be a proving ground for global growth, seeking to recreate the Japan-style convenience-store model that made the brand a powerhouse at home an open hundreds of new stores across the country by 2030. Australia’s annual wage growth remained high last quarter, highlighting ongoing labor market tightness and reinforcing the inflation challenge facing the Reserve Bank. The data comes after the RBA because the first monetary authority in the world to lift rates this year. Across the Tasman , New Zealand’s central bank held interest rates at the lowest level in 3-1/2 years and said it expects them to stay there while the economy regathers momentum, disappointing traders. Meanwhile, the central bank plans to up the number of monetary policy meetings to eight a year from 2027 to improve transparency and accountability. Rio Tinto took majority control of Canadian lithium manufacturer as part of a push to invest more in Quebec projects in the battery metal sector. The announcement comes ahead of the mining giant’s full-year results this afternoon. Dexus shares surged in Wednesday trading, as the company announced a buyback and CEO Ross Du Vernet doused concerns that artificial technology will hurt real estate demand. Elsewhere, outgoing Elders CEO Mark Allison expects another strong year for the beef industry, despite competition from Brazil and new China quotas. Bain Capital Credit and UBS are lend...

Federal Judge Stops Former Palantir Executives From Recruiting Ex-Colleagues Fine Day 102.3

Warren Buffett's last quarter as Berkshire Hathaway's CEO reflected a bearish sentiment as he prepares to depart the firm, handing the reins to Greg Abel. The conglomerate cut its Amazon stake by 75%, with the position likely gaining 130-140% and performing broadly in line with the S&P 500. Chevron and Chubb, among its top 10 holdings, saw position increases. Berkshire Hathaway is also building a stake in the New York Times Co. Bloomberg Intelligence Senior Property & Casualty Insurance Matthew Palazola joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

由「AI教母」李飛飛創立的World Labs，在新一輪融資中成功募集10億美元。 World Labs未有披露今次融資估值，但據《彭博》早前報道，公司擬以50億美元估值集資。建築軟件公司歐特克斥資2億美元參與今輪融資，其他投資者還包括Nvidia輝達、AMD等。 World Labs是一家空間智能初創公司，由李飛飛及多位業界專家創立。生於中國的李飛飛，青少年時期移民美國，是史丹福大學電腦科學系聯合主任，早前更獲英國頒發「2025年伊利莎白女王工程獎」。 「AI教母」李飛飛曾獲選百大AI影響力人物 是輝達成功的功臣？｜財經‧延伸閱讀

由「AI教母」李飛飛創立的World Labs在新一輪融資中，成功募集10億美元。 World Labs未有披露今次融資估值。但據《彭博》早前報道，公司擬以50億美元估值集資。建築軟件公司歐特克斥資2億美元參與今輪融資，其他投資者還包括輝達、AMD等。 World Labs是一家空間智能初創公司，由李飛飛及多位業界專家創立。生於中國的李飛飛，青少年時期移民美國，是史丹福大學電腦科學系聯合主任。早前更獲英國頒發「2025年伊利莎白女王工程獎」。

Earnings Call Insights: Insulet Corporation (PODD) Q4 2025 Management View Ashley McEvoy, CEO, reported "we closed 2025 with another strong quarter, recording our 10th consecutive year of 20% or greater constant currency revenue growth," citing durable recurring revenue and a profitable business model as key drivers. She highlighted total company revenues of $784 million for the quarter, 29% growth in constant currency, and surpassing $2.7 billion in full year revenue. McEvoy emphasized the company's leadership in automated insulin delivery (AID), particularly with Omnipod 5, and noted record new customer starts across both U.S. and international markets, with the majority transitioning from multiple daily injections. She stated, "Omnipod's strong clinical evidence, broad access, affordability and ease of use are enabling us to expand well beyond traditional endocrinology channels." CEO McEvoy discussed momentum in the U.S. type 2 diabetes market, with type 2 new customer starts growing significantly both sequentially and year-over-year, and the prescriber base expanding 62% to over 6,500 clinicians in 2025. She described international performance as "standout," supported by launches in Canada, Australia, and the Middle East, along with positive price/mix realization from the transition to Omnipod 5. McEvoy announced that in 2026, Insulet will introduce new algorithm updates, expand CGM integrations, and launch Omnipod Discover, a data platform to enhance prescriber and patient experience. She added, "In 2026, we will continue to purposely increase R&D investment to advance our next-generation platforms, including Omnipod 6 as well as our fully closed-loop system for type 2 diabetes." Flavia Pease, CFO, stated, "delivering over $780 million in total revenue, an increase of 31.2% at reported rates and 29% at constant currency rates." She highlighted record new customer starts, stable retention rates, and expansion of gross margin to 72.5% for the quarter and 71.6% fo...

the lowest snow coverage in decades.'/> Warming temperatures and snow droughts in the West threatens a billion-dollar industry. One ski area is experimenting with insulated blankets to keep snow from melting. (Image credit: Logan Brown)

Source: Bloomberg, 32:43

Firan Technology press release ( FTGFF ): Q4 Non-GAAP EPS of C$0.14. Revenue of C$51.7M (+14.3% Y/Y). More on Firan Technology Group Seeking Alpha’s Quant Rating on Firan Technology Group Historical earnings data for Firan Technology Group Financial information for Firan Technology Group

Urban Financial Advisory Corp disclosed a new position in Akre Focus ETF (NYSEMKT: AKRE) in a Feb. 4, 2026, SEC filing. The fourth-quarter 13F filing showed the position at 440,266 shares. According to a Securities and Exchange Commission (SEC) filing dated Feb. 4, 2026, Urban Financial Advisory Corp initiated a new stake in Akre Focus ETF (AKRE). The estimated transaction value was $28.8 million, calculated using the quarter’s average share price. The position’s quarter-end value reflected the same amount, reflecting both share accumulation and price movement during the period. Akre Focus ETF implements a disciplined, high-conviction investment approach, emphasizing business quality, management integrity, and reinvestment potential. The fund's strategy is designed to identify and hold companies with sustainable competitive advantages and attractive long-term growth prospects. Continue reading

US judge blocks ex-Palantir staffers from poaching workers for new AI firm WKZO

Tesla avoids California sales halt over Autopilot marketing Automotive News

Radian Group press release ( RDN ): Q4 Non-GAAP EPS of $1.16 beats by $0.07 . Revenue of $300.51M (-4.9% Y/Y) in-line. More on Radian Group Radian Group: The Story Is Changing With Inigo Acquisition (Rating Upgrade) Radian Group Q4 2025 Earnings Preview Radian Group gets regulatory approvals for Inigo acquisition Seeking Alpha’s Quant Rating on Radian Group Historical earnings data for Radian Group

(RTTNews) - American States Water Co. (AWR) revealed earnings for fourth quarter of $28.74 million

Backiris/iStock via Getty Images I can't seem to get away from the topic of ETFs hedged with options. Because when I see something, I need to say something. Or write it, in this case. What I see is yet another attempt to put a pretty face on an ETF that really doesn't do a great job of playing defense. That is, when you need it to, it fails. Case in point: NEOS Nasdaq-100 Hedged Equity Income ETF ( QQQH ). I really have not paid attention to this one for a while. Which is ironic since back in 2020, as I had just sold my investment management firm but continued to provide ETF research and models to the buyer, something happened: a pandemic. And with it, the S&P 500 dropping by 34% in just five weeks. It recovered, but it sure was a nice fire drill for any ETF that purports to have defensive qualities. The Nasdaq 100 ETF ( QQQ ) actually outperformed on the downside during that time. From 2/19/20-3/23/20, it "only" fell 28%. Big win, eh? Here's that early 2020 chart: Data by YCharts I do a lot more options hedging, and there are so many inverse ETFs now, I didn't have an urgent need to go back to a "collar" strategy ETF like NUSI. I collar the market with options now. That's my personal history. So you can try to understand why every time I get the question "What about XYZ ETF," in response to one of my disparaging articles on covered call ETFs, I am hoping to find something that actually protects capital. Because there will come a time when the stock market's returns will no longer mask the fact that these vehicles are simply a way to exchange stock market gains into monthly income. When the market crashed 34% or 28% in five weeks, depending on the index, my model portfolio (which was a research offering, plus the mainstay of my own portfolio as a newly-retired guy) held its ground. It actually went up a bit. And while that is all ancient history, it was a real wake-up call when I thought to myself, "Whatever happened to NUSI." QQQH: the ETF formerly known as NUSI QQ...

Berkshire & AI hyperscalers: Buffett holds GOOGL, dumps AMZN MSN

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美國加州北部近日發生雪崩，警方證實8人遇難、一人失蹤。 警方指當地周二上午，一支由12名滑雪者及4名嚮導組成的越野滑雪團隊，在登上卡斯爾峰期間遇到雪崩，部分人等待救援，當局亦確認他們的位置。 海拔逾2,700米的卡斯爾峰是在內華達山脈之中，備受滑雪者喜愛的熱點之一。最近加州北部遭冬季風暴吹襲，單是當地周一至周二中午，累計降雪量已逾60厘米，相關部門一度發出警告，稱周二可能發生大規模雪崩。

俄羅斯、美國及烏克蘭在日內瓦結束三方會談，未見突破。據報俄烏雙方就解決領土問題，仍然未有共識。烏克蘭總統澤連斯基指責白俄羅斯介入戰事，將白俄總統盧卡申科列入制裁名單。 俄羅斯及烏克蘭戰事即將滿四年，暫時未見平息跡象，加上美國及伊朗談判搏弈，導致中東局勢持續不穩。俄羅斯海軍在周三發布片段，顯示其軍艦靠近伊朗阿巴斯港，參加聯合軍演。 俄羅斯、美國及烏克蘭在瑞士日內瓦舉行閉門會談直到周三結束。據報三方就解決烏克蘭問題，討論軍事、政治和人道主義等關鍵因素，但會後沒有簽署任何文件。 俄羅斯代表團團長梅金斯基稱曾與烏方代表單獨閉門會談兩個小時。他沒有披露細節，僅稱談判相當艱難，但氣氛很務實，短期內會再舉行新一輪會談。烏克蘭談判代表團團長烏梅羅夫就稱談判有進展，但拒絕透露細節。他稱烏方尋求實現公正及可持續和平，期望下一步跟俄方達成共識，再將相關決議呈交兩國總統審議。 烏克蘭總統澤連斯基就稱，他不認為談判結果令人滿意，烏方期待本月內再談判。並決定對白俄羅斯總統盧卡申科實施制裁，原因是白俄明顯介入俄烏戰事。 不過，俄烏雙方仍然就領土問題僵持不下。俄方仍然要求烏方從頓巴斯部分地區撤軍；但是澤連斯基已經多次表明不會放棄領土。他又透露，目前仍然落入俄方手中的扎波羅熱核電廠亦是另一個棘手議題。美國試圖讓俄烏兩國達成和平協議，但未見突破進展，原因之一是莫斯科要求烏軍撤出頓巴斯地區，但基輔政府拒絕。 澤連斯基近日接受美國傳媒訪問，亦稱有關頓巴斯地區的控制權，烏俄雙方仍未達成共識。他強調烏克蘭人民不會容許將領土移交俄羅斯，亦希望美國不要試圖強迫他去接受和平方案。克里姆林宮就稱，總統普京一直關注會談進展，現階段討論成果是言之尚早。美國中東問題特使威特科夫較早前在網上帖文指，由總統特朗普促成的會談取得重大進展，俄烏代表將各自向總統匯報，並繼續尋求達成協議。

【有線新聞】美俄烏三方會談結束，沒有實際成果。俄烏雙方均承認談判艱難；美國則認為有意義，暗示可能很快就會舉行下一輪會談。 烏克蘭發布和俄羅斯以及美國代表一連兩日在瑞士日內瓦談判的照片。總統澤連斯基形容會談結果難言滿意，未有充分討論敏感政治議題，可能作出的讓步以及領袖會談的可能，但在監督停火的討論上取得進展，認為本月內進行下一輪談判是合適時機。 三方第二天的會談約兩小時，而俄羅斯代表團團長總統助理梅金斯基在正式會談結束後亦額外與烏克蘭代表談了近兩小時。烏方指三方會談觸及了烏克蘭東部，以及目前由俄羅斯佔領的扎波羅熱核電廠主權問題。克里姆林宮指俄方代表團會向總統普京匯報會談情況，形容過程艱難但務實。 特朗普政府對會談的評價相對樂觀，白宮發言人萊維特指，會談取得有意義的進展，各方承諾繼續努力達成和平協議；又指總統特朗普認為俄烏戰事對犧牲的俄烏人民，以至財政支援烏克蘭的美國納稅人不公平。 另外，烏克蘭宣布制裁白俄羅斯總統盧卡