距离乐视网资金链断裂，董事长贾跃亭负债上百亿美元、只身远走美国已经过去快九年。 九年间，中国互联网和汽车行业天翻地覆。“PPT 造车” 已经变成现实，跑出来的造车新势力中，却并不包含贾跃亭在美国创立的电动车公司 Faraday Future（以下简称 FF）。 FF 是贾跃亭手中的最后一张牌。他紧紧地攥着这张牌，用尽力量留在牌桌上。 好几次，他差点失去这张牌。2018 年，FF 与恒大的合作破裂，双方走向仲裁、争夺控制权。关键时刻，美国总统特朗普签署的《301 调查报告》将恒大入股 FF 定性为获取美国尖端技术和知识产权。在多方压力下，恒大与 FF 最终和解。贾跃亭失去了恒大的资金支持，但保住了 FF 的控制权。 2021 年，FF 通过 SPAC（Special Purpose Acquisition Company，特殊目的收购公司）方式在纳斯达克上市，融资 10 亿美元。本以为峰回路转，但仅仅过了 3 个月，就迎来了一份 28 页的做空报告，质疑 FF91 量产订单的真实性。多家律所随即对 FF 发起集体诉讼。负面消息接连不断，FF 的股价一落千丈。 贾跃亭后来在社交媒体上称，FF 遭遇了 “华尔街破产黑帮” 的狙击。SPAC 董事控制了公司，在一年多时间里几乎烧光上市融来的 10 亿美元。2022 年底，FF 只差一票就被推动破产，他本人也被迫辞去了几乎所有职务。 等到对方离开，FF 已经满目疮痍，在一、二级市场的信用尽失，进入了前所未有的 “困难模式”。 2024 年 4 月，FF 的股价连续 10 个交易日跌破 0.1 美元，触发纳斯达克的退市警告。眼看着即将无路可走，系统却又给 FF 发了一个 “外挂”。 2024 年 5 月，时任美国总统拜登宣布对中国电动车征收 100% 关税，而 FF 作为中国人创立的美国公司，不受关税大棒影响。贾跃亭提出做双边市场的 “桥梁”，将中国电动车的产业链优势与美国市场结合。 同期，美国资本市场正在上演散户对抗华尔街做空机构的热潮。2021 年带领散户抱团买入实体游戏零售商 GameStop 股票和看涨期权，造成多家做空机构巨亏、平仓离场的 “带头大哥”Keith Gill 时隔三年在 X 上发了一条动态，再度点燃了美国散户投资者的情绪。彼时的 FF 已经成为散户主导的微盘股，做空率长期位于纳斯达克交易所前列。多重因素交...

Bailard Inc. increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 996,295 shares of the computer hardware maker's stock after buying an additional 14,288 shares during the quarter. NVIDIA accounts for approximately 4.0% of Bailard Inc.'s holdings, making the stock its 3rd biggest position. Bailard Inc.'s holdings in NVIDIA were worth $185,889,000 at the end of the most recent quarter. Other large investors have also recently bought and sold shares of the company. Center for Financial Planning Inc. boosted its stake in NVIDIA by 4.6% in the 2nd quarter. Center for Financial Planning Inc. now owns 8,429 shares of the computer hardware maker's stock valued at $1,332,000 after buying an additional 367 shares in the last quarter. Atria Investments Inc boosted its stake in shares of NVIDIA by 3.2% in the 2nd quarter. Atria Investments Inc now owns 942,208 shares of the computer hardware maker's stock valued at $148,859,000 after purchasing an additional 29,479 shares in the last quarter. Svenska Handelsbanken AB publ bought a new stake in shares of NVIDIA in the 3rd quarter worth about $37,316,000. MADDEN SECURITIES Corp increased its position in shares of NVIDIA by 3.2% during the 2nd quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker's stock worth $12,848,000 after purchasing an additional 2,484 shares in the last quarter. Finally, Whalen Wealth Management Inc. increased its position in shares of NVIDIA by 20.3% during the 3rd quarter. Whalen Wealth Management Inc. now owns 36,490 shares of the computer hardware maker's stock worth $6,808,000 after purchasing an additional 6,162 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds. Get NVIDIA alerts: Sign Up Wall Street Analysts Forecast Growth A number of...

格隆汇2月11日｜国务院办公厅印发《关于完善全国统一电力市场体系的实施意见》提出，健全电力市场治理体系。完善政府主管部门规划设计、电力监管机构独立监管、电力市场协调组织共商自律、电力市场运营机构服务监测的电力市场治理体系，全面提升治理水平。强化多部门协同全流程监管，促进市场监管、行业监管、国资监管有机衔接。整治地方不当干预电力市场交易行为，着力破除地方保护和市场分割。综合运用数字化等监管手段，纠治价格串通、滥用市场力等各类扰乱电力市场秩序行为。不得在市场准入负面清单以外违规设置电力市场准入条件。

Richard Attias & Associates , the organizer of Saudi Arabia’s Future Investment Initiative summit that attracts Wall Street titans to Riyadh every year, has tapped a roster of banks to work on its planned initial public offering. The firm is working with Citigroup Inc. and SNB Capital to help arrange the potential share sale, according to people familiar with the matter. The deal could take place as early as this year and value the events business at up to $1 billion, some of the people said, asking not to be named while discussing private information. RA&A founder Richard Attias and Sanabil, an investment arm of Saudi Arabia’s sovereign wealth fund, are considering selling part of their stakes, Bloomberg News has previously reported. Sanabil owns about 75% of RA&A, with the remaining held by Attias, who is also the firm’s chairman. Moelis & Co. is also advising on the potential deal. The firm had initially worked with Evercore Inc. to explore acquisitions before pausing those plans to focus on a share sale, Attias has said. Representatives for RA&A, Citigroup and SNB Capital declined to comment. RA&A has produced every edition of the FII summit since its inception in 2017. The gathering, sometimes referred to as “Davos in the desert,” typically features prominent names including Citigroup Inc.’s Jane Fraser, BlackRock Inc.’s Larry Fink and Goldman Sachs Group Inc.’s David Solomon. Read More: Saudi Power Broker Pitches Kingdom’s AI Pivot to Wall Street The conference draws thousands and attendance is tied to a $15,000 yearly membership to the FII Institute, the nonprofit that oversees the Riyadh event and its broader platform. The last gathering was held in October, when the kingdom outlined a pivot from glitzy mega-projects towards advanced manufacturing and artificial intelligence. Attias said last year that the business is expanding beyond FII, which accounts for just about 10% of the firm’s revenue. The company runs more than 50 conferences annually and has offi...

格隆汇2月11日｜恺英网络(002517.SZ)公告称，公司全资子公司上海恺英与株式会社传奇IP签订《和解协议》。协议包括终止法律行动与和解金支付、互相免责、解除和继续执行、和解成本及其他条款。该协议的签订有助于解除资产冻结，改善公司资产流动性，化解长期诉讼带来的不确定性，预计对公司本期利润产生约2亿元正向影响。

Zambia’s central bank lowered its key interest rate for a second straight meeting as it projected a further easing in inflation. The monetary policy committee cut the rate to 13.5% from 14.25%, Governor Denny Kalyalya told reporters in the capital, Lusaka, on Wednesday. The inflation rate is expected to fall to within the bank’s 6% to 8% target band faster than was projected in November, Kalyalya said. Inflation slowed to 9.4% last month, slipping below 10% for the first time in almost three years, as a sustained appreciation in the nation’s currency helped curb import costs. The kwacha has rallied 16% against the dollar since the start of the year, driven by the Bank of Zambia’s restrictions on foreign-currency use in domestic transactions and a surge in copper prices. Inflation has exceeded the upper band of the bank’s target range since May 2019. Sign up here for the twice-weekly Next Africa newsletter , and subscribe to the Next Africa podcast on Apple , Spotify or anywhere you listen .

Convergence Investment Partners LLC decreased its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 8.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,904 shares of the social networking company's stock after selling 1,064 shares during the quarter. Meta Platforms makes up about 1.8% of Convergence Investment Partners LLC's investment portfolio, making the stock its 7th largest position. Convergence Investment Partners LLC's holdings in Meta Platforms were worth $8,008,000 at the end of the most recent quarter. Other institutional investors and hedge funds also recently bought and sold shares of the company. Bare Financial Services Inc acquired a new position in Meta Platforms during the 2nd quarter worth about $30,000. Briaud Financial Planning Inc bought a new position in shares of Meta Platforms in the second quarter worth about $42,000. Knuff & Co LLC bought a new position in shares of Meta Platforms in the second quarter worth about $44,000. WFA Asset Management Corp lifted its position in shares of Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company's stock worth $49,000 after purchasing an additional 20 shares in the last quarter. Finally, Spurstone Advisory Services LLC bought a new stake in shares of Meta Platforms during the second quarter valued at approximately $59,000. Institutional investors and hedge funds own 79.91% of the company's stock. Get Meta Platforms alerts: Sign Up Wall Street Analysts Forecast Growth META has been the subject of several research analyst reports. Mizuho boosted their price objective on shares of Meta Platforms from $815.00 to $850.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. TD Cowen restated a "buy" rating on shares of Meta Platforms in a research report on Tuesday, January 13th. Wedbush raised their price target on Meta Platfo...

Guerra Advisors Inc lifted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 37.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,758 shares of the social networking company's stock after acquiring an additional 1,290 shares during the period. Meta Platforms accounts for approximately 1.3% of Guerra Advisors Inc's holdings, making the stock its 25th biggest holding. Guerra Advisors Inc's holdings in Meta Platforms were worth $3,494,000 as of its most recent SEC filing. Other large investors also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Meta Platforms by 0.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company's stock valued at $2,587,000 after purchasing an additional 13 shares during the last quarter. Hemington Wealth Management boosted its stake in Meta Platforms by 0.6% during the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company's stock worth $1,641,000 after buying an additional 14 shares during the period. Trust Co of the South increased its position in Meta Platforms by 0.8% during the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company's stock valued at $1,359,000 after acquiring an additional 14 shares during the last quarter. Sentinel Pension Advisors LLC raised its stake in shares of Meta Platforms by 1.6% in the third quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company's stock valued at $672,000 after acquiring an additional 14 shares during the period. Finally, Alpine Bank Wealth Management lifted its holdings in shares of Meta Platforms by 0.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social ...

格隆汇2月11日｜新加坡海峡时报指数收盘上涨0.4%，至4,984.58。

Bridges Investment Management Inc. lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 182,193 shares of the social networking company's stock after selling 2,566 shares during the quarter. Meta Platforms comprises approximately 1.7% of Bridges Investment Management Inc.'s portfolio, making the stock its 16th biggest position. Bridges Investment Management Inc.'s holdings in Meta Platforms were worth $133,799,000 at the end of the most recent quarter. A number of other hedge funds have also recently modified their holdings of the business. Norges Bank bought a new stake in Meta Platforms during the second quarter worth about $23,155,393,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Meta Platforms by 73,443.1% during the second quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company's stock valued at $6,212,506,000 after purchasing an additional 8,405,558 shares during the last quarter. State Street Corp boosted its position in shares of Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock worth $64,158,971,000 after purchasing an additional 1,650,435 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Meta Platforms by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company's stock worth $142,149,566,000 after buying an additional 1,532,568 shares during the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of Meta Platforms by 103.5% in the 2nd quarter. Corient Private Wealth LLC now owns 1,998,624 shares of the social networking company's stock worth $1,475,166,000 after buying an additional 1,016,667 shares during the last quarter. Institutional investors own 79.91% of the ...

Kremlin says curbs on Telegram app are a result of its non-compliance with the law Reuters

格隆汇2月11日｜叫车平台Lyft(LYFT.US)盘前大跌超17%，报13.96美元。 消息面上，Lyft去年第四季度营收同比增长2.6%至15.9亿美元，逊于分析师预期的17.6亿美元。期内，总预订额表现相对稳健，同比增长19%至50.7亿美元，符合预期。活跃乘客数达2920万，总行程次数达2.435亿次，分别低于分析师预期的2950万和2.566亿次。展望今年首季，Lyft预计调整后EBITDA将介于1.2亿至1.4亿美元之间，而分析师平均预期为1.398亿美元。 Lyft首席执行官表示，公司正步入转型阶段，2026年将成为自动驾驶汽车之年，届时将在美国和海外进行部署。有分析指，Alphabet旗下Waymo网络的积极扩张继续给优步和Lyft带来不确定性，因为这两家公司与自动驾驶出租车公司的合作需要数年才能发展壮大并实现盈利。(格隆汇)

Key Points Billionaire money manager Bill Ackman is betting big on the evolution of artificial intelligence (AI). Pershing Square Capital Management's Form 13F shows sizable positions in two trillion-dollar members of the "Magnificent Seven." However, Ackman's largest wager is on a company at the forefront of an estimated $918 billion global addressable market by 2033. 10 stocks we like better than Alphabet › No investment trend has been hotter on Wall Street over the last three years than artificial intelligence (AI). Giving software and systems the capacity to make accurate, split-second decisions without human intervention represents a technological leap forward that can benefit most industries around the globe. This is a multitrillion-dollar opportunity that isn't lost on Wall Street's most successful investors. Based on quarterly Form 13F filings with the Securities and Exchange Commission, several well-known billionaire money managers have piled into an assortment of promising AI stocks, including Pershing Square Capital Management's boss, Bill Ackman. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Ackman is best known as an activist investor who identifies undervalued assets and often pushes for corporate change or board seats to unlock shareholder value. His fund closed out the third quarter with $14.6 billion in assets under management, spread across 11 holdings. Portfolio concentration is a relatively common trait among activist investors. But what's noteworthy about Ackman's investment portfolio is his favoritism of artificial intelligence stocks. Approximately 48% of Pershing Square Capital Management's invested assets can be traced back to just three brand-name AI stocks -- one of which is at the forefront of an exceptionally fast-growing addressable market. Alphabet: 19% of invested assets Perhaps it's no surprise that the favorite...

文章提及标的 晶晨股份 -- 晶晨股份（688099）发布业绩快报，2025年全年，公司实现营业收入67.93亿元，同比增加8.67亿元；归属于母公司所有者的净利润8.71亿元，同比增加0.49亿元。预计2026年第一季度公司营收将实现10%~20%的同比增长，2026年全年公司营收将实现25%~45%的同比增长。

Teradata reported quarterly earnings of 74 cents per share which beat the analyst consensus estimate of 56 cents per share. The company reported quarterly sales of $421.000 million which beat the analyst consensus estimate of $400.817 million. Teradata shares jumped 16.5% to $34.07 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers Losers Photo via Shutterstock

格隆汇2月11日｜截至2025年11月，中国持有美国国债0.68万亿美元，较2013年峰值1.32万亿美元，下降48.5%，创2008年以来最低水平。

广东汇天航空航天（563380）科技有限公司(简称“汇天”)与深圳市东部通用航空（563320）有限公司(简称“东部通航”)正式签署战略合作协议。根据协议，汇天将提供飞行器产品、核心技术及运营支持；东部通航则依托其中国001号跨境飞行企业资质，起降点资源及运营经验，开放共享基础设施网络，协调空域保障，并共同推进飞行营地及相关配套服务的规划与落地。双方计划通过场景展示、展销合作与生态共建相结合的模式，打造符合国家标准的低空经济（886067）示范项目，涵盖飞行体验、低空游览、文旅联动等多元化场景。

Adam Smigielski/iStock via Getty Images The global push toward net zero is reshaping industries well beyond power generation and transport. Steelmaking, responsible for around 7–8% of global greenhouse gas emissions, according to the World Steel Association, is one of the hardest sectors to decarbonise. As governments tighten carbon pricing, buyers demand lower-carbon supply chains and investors seek exposure to the energy transition, green steel has emerged as a critical theme at the intersection of clean energy, the circular economy and climate adaptation. Why is steel in the spotlight? Steel is one of the world’s most widely used materials and one of the largest industrial sources of greenhouse gas emissions. The World Steel Association reports that in 2024, each tonne of steel produced emitted an estimated 2.18 tonnes of CO 2 , with total sector emissions of around 4.1bn tonnes of CO 2 . Pressure to reduce these emissions is now moving down the supply chain. Steel-dependent industries such as construction, infrastructure and automotive increasingly need lower-carbon steel to meet climate targets, procurement requirements and carbon border measures. Green steel offers a way to decarbonise a hard-to-abate material without changing what steel does in the real economy. What does ‘green steel’ really mean? Green steel refers to steel produced with significantly lower greenhouse gas emissions than conventional routes. The end product has the same performance and applications as traditional steel, but the production pathway and therefore the emissions footprint differ. Emissions released during the steelmaking process are primarily driven by how the iron is produced, how much scrap is used and whether electricity and hydrogen inputs are low carbon. How is green steel made? Traditional ore-based steelmaking uses the blast furnace-basic oxygen furnace (BF-BOF) route, in which coal-derived carbon removes oxygen from iron ore, generating large CO 2 emissions. BF-BOF still ...

格隆汇2月11日｜昨日大涨8%的法拉利(RACE.US)盘前继续上涨2.6%。消息上，法拉利公司公布第四季度盈利增长，因产品结构优化及定制车型需求提升，帮助这家豪华汽车制造商抵消了车型换代期间交付放缓的影响。该公司周二表示，第四季度净营收增至18亿欧元（约合21.4亿美元），超过了机构预期的17.7亿欧元。其利润也超出预期，且对今年的展望超过了分析师的预测。

划重点 ① 2026 年，全球算力基建正式跨入“连接为王”的通信大年。当 AI 集群规模冲向更大级别，1.6T 速率让传统铜缆因电阻热效应撞上物理天花板，光电转换从备选项跃升为唯一解。这场由大模型迭代倒逼出的“光速互联”革命，正开启一场比 2000 年光纤时代更具实力的价值重估。 ② LITE 靠垂直整合实现从“零件差价”到“系统溢价”的跨越；COHR 通过精简业务、聚焦核心资产以收割 AI 最肥美的利润；黑马 AAOI 则凭借 LPO 方案的成本优势与微软深度绑定，展现极高弹性。硅光子、CPO 与 LPO 三线并进，核心目标只有一个：消灭能耗与延迟，重塑 1.6T 时代的定价权。 ③ 不同于 2000 年的供给泡沫，2026 年是需求倒逼下的刚需基建。虽然估值波动与技术更迭仍是变量，但投资逻辑已发生质变：核心不再是算力多强，而是连接能效多高。拥有芯片自研能力与巨头订单的厂商，正接过 GPU 的火炬，点亮 AI 时代的下半场红利。 站在 2026 年来看，全球算力基建的叙事正发生一场深刻的权力交接。如果说 2024 至 2025 年是属于英伟达和芯片代工厂的“GPU 盛世”，那么 2026 年则正式开启了“连接为王”的通信大年。 随着Blackwell架构及其后续高性能集群的全面落地，算力的物理瓶颈已然从芯片内部位移至芯片间、机架间的“光速互联”。 RockFlow 投研团队观察到，以 LITE、COHR 和 AAOI 为代表的光学新秀，正经历一场比 2000 年光纤泡沫更具产业支撑的价值重估。这并非简单的硬件更迭，而是关乎比特传输效率与能源消耗极限的变革。 本文中，RockFlow 投研团队将为你深入分析这场从底层技术革命到巨头博弈的全景图。 1. 物理极限的倒逼——为什么 AI 的尽头是“光”？ 在数据中心内部，一场无声的革命正在发生。长期以来，铜缆凭借其低廉的成本和高可靠性，统治着短距离数据传输。然而，当信号速率跨入 1.6T 门槛，铜的电阻特性成了不可逾越的物理高墙。 基本的物理原理告诉我们，在极高频率下，电信号在铜线中的能量损耗会随距离呈指数级激增。 为了维持信号完整性，铜缆要么缩短至 1.5 米以内，要么变得臃肿不堪。在动辄拥有 10 万个甚至 100 万个 GPU 的超大规模 AI 集群中，这种“短板效应”会导致巨大的电力浪费和热量堆积。 此时，光学技...

格隆汇2月11日｜国家发展改革委负责同志就《关于完善全国统一电力市场体系的实施意见》接受访谈。发言人表示，下一步，国家发展改革委将会同有关方面，认真做好《意见》的贯彻落实工作。督促地方主管部门积极推动本地电力市场体系建设，坚决破除地方保护和市场分割，强化地方规则与国家规则的对接统一，防止不当干预电力市场交易，依托电力市场培育更多新主体新业态、开放和应用更多新场景，为各类资本创造更多投资机会。

J.Safra Asset Management Corp boosted its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 17.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,707 shares of the software giant's stock after purchasing an additional 3,278 shares during the period. Microsoft accounts for about 0.7% of J.Safra Asset Management Corp's portfolio, making the stock its 20th biggest holding. J.Safra Asset Management Corp's holdings in Microsoft were worth $11,243,000 at the end of the most recent reporting period. Get Microsoft alerts: Sign Up A number of other hedge funds have also recently made changes to their positions in the company. Norges Bank acquired a new position in Microsoft in the 2nd quarter valued at approximately $50,493,678,000. Nuveen LLC bought a new stake in shares of Microsoft in the first quarter worth $18,733,827,000. Laurel Wealth Advisors LLC grew its stake in shares of Microsoft by 49,640.3% in the second quarter. Laurel Wealth Advisors LLC now owns 29,967,038 shares of the software giant's stock worth $14,905,904,000 after purchasing an additional 29,906,791 shares during the last quarter. Vanguard Group Inc. increased its holdings in Microsoft by 2.0% in the second quarter. Vanguard Group Inc. now owns 705,077,786 shares of the software giant's stock valued at $350,712,742,000 after purchasing an additional 13,691,572 shares during the period. Finally, Northern Trust Corp raised its position in Microsoft by 16.1% during the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock worth $35,316,535,000 after purchasing an additional 11,600,470 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds. Key Microsoft News Here are the key news stories impacting Microsoft this week: Insiders Place Their Bets In related news, EVP Takeshi Numoto sold 2,850 shares of t...

Fiduciary Family Office LLC increased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,995 shares of the software giant's stock after acquiring an additional 1,373 shares during the period. Microsoft comprises approximately 2.8% of Fiduciary Family Office LLC's holdings, making the stock its 4th largest holding. Fiduciary Family Office LLC's holdings in Microsoft were worth $9,838,000 at the end of the most recent quarter. Get Microsoft alerts: Sign Up A number of other hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank bought a new position in Microsoft in the 2nd quarter valued at $50,493,678,000. Nuveen LLC acquired a new position in Microsoft during the 1st quarter valued at about $18,733,827,000. Laurel Wealth Advisors LLC boosted its stake in shares of Microsoft by 49,640.3% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 29,967,038 shares of the software giant's stock valued at $14,905,904,000 after purchasing an additional 29,906,791 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Microsoft by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 705,077,786 shares of the software giant's stock worth $350,712,742,000 after buying an additional 13,691,572 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Microsoft by 16.1% during the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock worth $35,316,535,000 after buying an additional 11,600,470 shares during the last quarter. Institutional investors own 71.13% of the company's stock. Analysts Set New Price Targets A number of equities analysts have issued reports on the stock. New Street Research raised their price objective on shares of Microsoft from $670.00 to $675.0...

Father of US-based Hong Kong activist convicted under national security law toggle caption Didi Tang/AP HONG KONG — The father of a U.S.-based activist wanted by Hong Kong authorities was convicted of attempting to deal with an absconder's financial assets on Wednesday, in the first court case of its kind brought under a homegrown national security law. Kwok Yin-sang's daughter Anna is the executive director of the Washington-based Hong Kong Democracy Council. Authorities in 2023 offered 1 million Hong Kong dollars (about $127,900) for information leading to her arrest and later banned anyone from handling any funds for her — widely seen as part of a yearslong crackdown on challenges against Beijing's rule following the massive, anti-government protests in 2019. Sponsor Message Kwok, 69, was arrested in April 2025 under the security law, locally known as Article 23 legislation, enacted a year before. He was accused of having attempted to obtain funds from an insurance policy under his daughter's name. He pleaded not guilty. Acting principal magistrate Cheng Lim-chi found him guilty on Wednesday, saying Kwok must have known his daughter was an absconder and he was attempting to handle her assets. According to previous hearings, Kwok bought the insurance policy for Anna when she was a toddler and she gained control of it when she reached 18 years old. The father in 2025 wanted to cancel the policy and get funds from it, the court heard. Kwok's lawyer, Steven Kwan, pleaded for a lesser sentence for his client, saying there was no evidence to show his client was trying to get the money to send to his daughter. He suggested the judge consider a 14-day prison term. While the maximum sentence for his charge is seven years of imprisonment, but his case was heard at the magistrates' courts, which normally hands down a maximum sentence of two years. His sentencing is scheduled for Feb. 26. Authorities have accused the daughter of requesting foreign sanctions, blockade and eng...

财联社2月11日讯，近日，国务院办公厅印发了《关于完善全国统一电力市场体系的实施意见》，系统谋划了全国统一电力市场未来5—10年的目标任务。 《实施意见》提出到2030年，基本建成全国统一电力市场体系，各类型电源和除保障性用户外的电力用户全部直接参与电力市场，市场化交易电量占全社会用电量的70%左右。跨省跨区和省内实现联合交易，现货市场全面转入正式运行，市场化电价机制基本健全。到2035年，全面建成全国统一电力市场体系，市场功能进一步成熟完善，市场化交易电量占比稳中有升。电力资源全面实现全国范围内的优化配置和高效利用，以电力为主体、多种能源协同互济的全国统一能源市场体系初步形成。 全文如下： 国务院办公厅关于完善 全国统一电力市场体系的实施意见 国办发〔2026〕4号 各省、自治区、直辖市人民政府，国务院各部委、各直属机构： 为进一步深化电力体制改革，加快健全适应新型能源体系的市场和价格机制，完善全国统一电力市场体系，在全国范围内有效实现电力资源市场化配置，经国务院同意，现提出以下意见。 一、总体要求 以习近平新时代中国特色社会主义思想为指导，深入贯彻党的二十大和二十届历次全会精神，完整准确全面贯彻新发展理念，按照构建全国统一大市场、深化电力体制改革、建设新型电力系统要求，坚持全国统一、畅通循环，着力打破市场分割、破除区域壁垒，促进市场高效联通和有机衔接，统筹推动电力市场供需高水平动态平衡，着力扩大规模、改善结构、拓展功能，健全统一开放、竞争有序、安全高效、治理完善的电力市场体系，在确保电力系统安全可靠运行的基础上，实现市场运行畅通有序、交易规则统一高效、利益分配公平合理，为保障能源安全、经济社会发展和绿色低碳转型提供有力支撑。 到2030年，基本建成全国统一电力市场体系，各类型电源和除保障性用户外的电力用户全部直接参与电力市场，市场化交易电量占全社会用电量的70%左右。跨省跨区和省内实现联合交易，现货市场全面转入正式运行，市场基础规则和技术标准全面统一，市场化电价机制基本健全，公平统一的市场监管体系基本形成。到2035年，全面建成全国统一电力市场体系，市场功能进一步成熟完善，市场化交易电量占比稳中有升。跨省跨区和省内交易有机融合，电力资源的电能量、调节、环境、容量等多维价值全面由市场反映，电力资源全面实现全国范围内的优化配置和高效利用，以电力为主体、多种能源协同互...

财联社2月11日讯，今日51股涨停，17股炸板，封板率为75%，百川股份11天8板，大位科技、德才股份、掌阅科技、欢瑞世纪、龙韵股份3连板，吉华集团、金富科技5天4板。三大指数涨跌不一，创业板指、科创50指数跌超1%。时隔31个交易日，沪深两市成交额跌破2万亿，较上一个交易日缩量1213亿。盘面上，全市场超3200只个股下跌。板块方面，化工、小金属、算力租赁、玻纤板块领涨；影视、CPO、旅游酒店等方向领跌。截至收盘，沪指涨0.09%，深成指跌0.35%，创业板指跌1.08%。 人气及连板股分析 连板晋级率回升至38.1%，连板最高标百川股份实现3进4，2进3个股多以近期持续火热的Seedance概念为代表的字节相关产业链个股。随着此前走出9天7板的高位人气股横店影视发布风险提示公告并提示可能因异常波动申请停牌核查，引发所属的文化传媒板块遭遇大面积退潮，并引发整个高位股群体亏钱效应集中释放，名雕股份、锋龙股份、韩建河山等多股盘中触及跌停。随着AI软硬件各细分持续分化轮动，顺周期板块重获资金回流，但这类趋势抱团资金主导的板块，在今日全面爆发后也不利于明日资金的承接，在春节长假来临前仍不宜短线盲目追高热点。 主线热点 台耀科技发布停产通知，旗下台湾地区工厂将逐渐减产普通电子布并转产LowDK产品，此前在月初，光远新材、国际复材等玻纤龙头对电子布实行提价。受此消息刺激，玻纤概念集体爆发，国际复材、宏和科技、中材科技、中国巨石封涨停并齐创历史新高，本轮电子布价格持续火热，仍基于下游AI PCB M9材料持续供需失衡。以英伟达Rubin方案为例，相比于Rubin144，Rubin144CPX版本增加了144张CPX芯片，以上芯片均需要搭载在PCB板上。因此除去电子布外，PCB上游覆铜板方向近期同样表现不俗，南亚新材、方邦股份也双双创出历史或阶段新高。与主打美股映射的光模块方向相比，PCB产业链的强势一定程度上也借助了近期顺周期涨价概念热度的间接提振，后市仍可聚焦于具备议价权的石英砂、覆铜板等核心原材料方向。 2月10日盘后，美股云服务提供商Cloudflare公布超预期业绩，AI需求激增推动公司实现2021年以来最快增长，从而刺激Cloudflare盘后股价飙涨近16%。随着1月下旬名为"Clawdbot"的开源AI代理火爆出圈，从而引发海外对CDN边缘算力需求的爆发式增长。受...

Source: Bloomberg, 5:25

格隆汇2月11日丨龙佰集团(002601.SZ)公告称，公司拟收购控股子公司龙佰禄丰钛业有限公司持有的云南国钛金属股份有限公司5.46%股权，交易对价2.34亿元。本次股权调整后，龙佰禄丰不再持有云南国钛股权。

01 火爆全网的牛牛表情包，出自游戏黑图？ 马年将至，一头牛的表情包反而先火出了圈。 最近，不管是和朋友私聊，还是在群聊里，葡萄君总能见到这只皱着眉头的草地牛。 它确实很魔性，该怎么形容呢……草地牛的眼神有种深邃、严肃、成熟的认真感，但身体却是治愈童风的奶牛造型。 再加上和眼神毫不搭边的大鼻孔、情绪波动不明显的嘴角，整体结合出一种「态度很严肃，但其实也没在干什么很严肃的事」「严肃是表象，幽默是内核」的反差萌感。 硬要说的话，我觉得或许草地牛传递出的精神状态，会让我有些联想到《国产凌凌漆》里的达闻西…… 而传得最广的草地牛表情包，大抵是抱腿而坐的这张：它好似在沉思、回顾人生，又可能是受了伤、正在EMO……当然，也有可能只是在纯纯发呆放空自己。你永远摸不透草地牛到底在想什么，以及到底有没有在想东西。 草地牛究竟有多火？除了表情包满天飞以外，现在我甚至能刷到关于它的二创作品。这一方面体现出了大家对草地牛的喜爱，另一方面或许也变相说明，草地牛正在成为时下的流量密码。 拼豆豆草地牛、国画草地牛，图源小红书 雪人草地牛，图源抖音@曾曾Zeng.目前已获超400万点赞 淘宝上的草地牛玩偶 而草地牛表情包的诞生，其实可以追溯到2024年。更出乎我意料的是，它的诞生居然来自一款游戏，甚至背后带有不少攻击和中伤的意味。 由于时间已久，细节不好考究，我无法100%还原草地牛的起源真相。但就网友评论来看，早在2024年《恋与深空》部分玩家之间对黑的过程中，草地牛表情包就已经在传了。（《恋与深空》为乙女游戏，游戏中有不同男主，部分玩家会因为推的男主不同而引发一系列争论对峙） 当时有玩家故意将黎深的脸从中间切分后镜像化，以丑化形象，并将镜像化后的黎深眼部贴到了《牧场物语：欢欣雀跃的动物进行曲》中的牛脸上，以嘲讽「犁地」（与黎帝谐音）的苦命感。 正因如此，在如今草地牛突然爆火的同时，有部分《恋与深空》玩家开始四处奔走解释这是黑图，希望大家不要继续使用。 不过，也有部分玩家在纠结之后表示“看开了”，反正已经没法停止传播，不如把它当成出圈拉新的机会。况且大部分圈外泛用户本身就不了解草地牛背后的恶意历史，在使用表情包时更没有中伤别人的意图，纯粹是因为觉得魔性、好玩才用。既无恶意，那好像也没必要苛责了。 我和群友介绍草地牛黑图来源后，群友表示疑惑，认为表情包只是释放情绪而已，本身就没必要深究背后意义 其...

“关税对经济造成‘净负面影响’，是美国消费者、制造商和农民承担的重大税负。” 当地时间10日，美国众议院否决了共和党推动的一项规则，该规则旨在阻止对特朗普关税政策进行挑战性投票， 此举是对美国总统特朗普及其国会盟友的重大打击。 具体而言，美国众议院议长约翰逊（Mike Johnson）提出的这项规则被217票反对、214票赞成的结果否决，值得注意的是， 反对票包括全体众议院民主党议员及三名“反水”的共和党议员。 “我不愿暂停众议院的重要工作，但国会需要就关税问题展开辩论，”投出反对票的共和党议员贝肯（Don Bacon）表示： “关税对经济造成‘净负面影响’，是美国消费者、制造商和农民承担的重大税负。” 此次投票结果对约翰逊构成重大挑战——在民主党反对的任何议案中，他都承受不起失去共和党在众议院中所占微弱多数优势中超过一票的代价。 哈佛大学肯尼迪政府学院教授福尔曼（Jason Furman）对第一财经记者表示，关税在政治上相对不受欢迎，“当前美国政治辩论的核心经济议题是可负担性，即物价水平，而关税显然会影响这一议题。” 的确，反对特朗普关税政策的众议员频频提到近期出炉的一份重要报告。这份由无党派税务基金会出具的报告称，2025关税对美国普通家庭造成的影响为每户1000美元，2026年将升至1300美元。 国会议员挑战特朗普贸易议程 上述投票结果表明，在中期选举之年， 美国国会议员正密集筹划，准备挑战特朗普政府的贸易议程，该议程已扰乱全球贸易并威胁美国物价上涨。 据悉，由众议员米克斯（Gregory Meeks）率领的民主党人最早可能于当地时间11日就阻止特朗普对加拿大加征关税的决议进行表决。 尽管特朗普可否决国会任何反对其关税的表决，但来自国会共和党议员的反对表明，总统所属政党内部对其经济政策的不满情绪日益高涨。 当前，共和党仅以微弱优势控制众议院，这意味着约翰逊在任何争议性投票中只能承受少数党内成员倒戈——前提是没有民主党人跨党派投票支持共和党。此次的“反水”来自肯塔基州的托马斯·马西、加利福尼亚州的凯文·凯利和内布拉斯加州的贝肯。 弗吉尼亚州民主党众议员唐·拜尔则表示：“少数共和党人终于挺身对抗特朗普终止这场疯狂，令人振奋。随着我们推进终止对加拿大及其他关键盟友和贸易伙伴关税的措施，希望更多同僚加入他们的行列。” 民主党众议院少数党领袖哈基姆·杰弗里斯则指责共和...