智通财经APP注意到，甲骨文(ORCL.US)股价周一扩大反弹势头，美国科技巨头资本支出的增加，有助于缓解市场因 人工智能 发展对该公司构成的威胁而产生的紧张情绪。 这家软件行业风向标企业的股价盘中一度上涨12%，创下自9月10日以来的最大盘中涨幅，截至收盘涨幅缩窄至9%。尽管此前亚马逊(AMZN.US)承诺今年将投入2000亿美元用于 数据中心 、芯片及其他设备，但即便在周一反弹之后，甲骨文的股价较9月份的高点仍下跌了约50%。 “软件行业并未消亡，”D.A.Davidson分析师Gil Luria在报告中写道，并将该股评级从“中性”上调至“买入”。“我们相信企业将继续为甲骨文的产品买单，它们不会被‘氛围编程’所取代。” 甲骨文股价仍比历史最高点低约50% 最近几周，由于担心AI将削弱对软件产品的需求，该行业遭受重创，导致iShares扩展科技软件板块ETF较其高点下跌了约28%。虽然这些担忧不太可能消失，但一些人押注，在亚马逊、Alphabet、Meta以及微软总计约6500亿美元的AI工具支出中，至少有一部分将流向软件公司。 就甲骨文而言，D.A.Davidson对该公司与 OpenAI (ChatGPT的开发商)的关系也持更加乐观的态度。此前，OpenAI正面临关于缺乏盈利能力以及需要快速增长以支付巨额支出承诺的质疑。 “基于策略调整、新前沿模型的推出、谷歌近期崛起对其竞争对手造成的压力，以及融资工作的进展，我们现在对OpenAI持更加积极的看法，”Luria写道。 Luria表示，“经过重组的 OpenAI 将重回谷歌的顶级挑战者地位，并凭借新获得的资金，能够履行其今年的义务，包括对甲骨文的义务。” 这位分析师称，OpenAI 已开始专注于其核心前沿模型和 ChatGPT，同时减少了对一些边缘项目的投入。分析师补充说：“该公司似乎已经意识到，它需要与英伟达、微软和亚马逊保持一致，而不是试图与它们竞争。” Luria和他的团队表示，他们预计随着投资者重新将 OpenAI 视为赢家，其相关上市公司的估值可能会大幅提升。 当然，华尔街并非所有人都认同这一观点。MeliusResearch分析师Ben Reitzes在周一指出，甲骨文“不产生现金流，且不能保证OpenAI一定能击败Anthropic和谷歌。” 但这并未阻止甲骨文计划在今年筹集450亿至500亿美元...

2026年开年之初，小核酸赛道全面爆发。 技术突破和商业化落地共同推动小核酸领域进入了从1到10的商业化阶段。减重领域的小核酸药物临床数据接连公布，提振了市场的情绪。此外中国生物的十亿级重磅并购和小核酸企业瑞博生物的港股上市标志着资本的退出通道已经被打通。某创新药投资人告诉动脉网，小核酸赛道已经开始了商业化加速。 图1. 近期小核酸领域的重磅事件（资料来源：动脉网整理） 随着国内创新药龙头和MNC持续加大在小核酸领域的布局，小核酸已然进入创新药研发的核心赛道，未来这一领域的重磅事件有望接连出现。 01 重磅临床数据不断涌现 风头正劲的小核酸赛道，2026年迎来了全面爆发，重磅事件不断涌现。 1月6日，Arrowhead Pharmaceuticals披露了两款siRNA肥胖候选药物的临床数据，在合并2型糖尿病的肥胖患者中，ARO-INHBE、ARO-ALK7均实现了内脏脂肪、总脂肪等身体指标的改善。消息发布后，Arrowhead股价上涨了10.9%。但是由于临床结果中缺少了“体重下降”这一关键指标，市场情绪有所消退。但ARO-INHBE与替尔泊肽联用，在2型糖尿病肥胖患者中于第16周实现了-9.4%的体重下降，相较单用替尔泊肽（-4.8%）约提升2倍。这一数据仍然让投资者看到了小核酸药物的应用潜力。 就在一个月之前，即2025年12月8日，Wave Life Sciences公布了其siRNA药物WVE-007用于减重的Ⅰ期临床试验结果，单次给药后第12周减重幅度4.0%，肌肉增加0.9%。WVE-007在实现与司美格鲁肽相当的减脂效果的同时，避免了后者常见的肌肉流失风险。且WVE-007安全且耐受性良好，无受试者停药，未发生严重或重度治疗相关不良事件（TEAE）。当日，Wave股价暴涨147.3%。 小核酸减重赛道多款潜力产品接连发布的临床数据表明，小核酸药物有可能作为单药或与GLP-1类药物联合使用，在减脂的同时减少肌肉消耗。小核酸药物在减重领域的临床前景值得期待。 02 多起小核酸重磅交易爆发 此外，2025年小核酸领域BD交易火热，圣因生物、舶望制药、靖因药业这些小核酸研发企业都有大额BD授出，这一现象在2026年仍然持续。2026年新年伊始，安龙生物便与一家美国纳斯达克上市企业达成小核酸药物领域的国际战略合作协议，合作规模达上亿美元，这标志着安龙生物在国际...

雷军微博（WB）发文称，前段时间，一辆YU7行驶在美国加州的高速公路（884154）上，挂着当地的测试车牌。很多人问我，小米（K81810）是不是准备进入美国市场？我回答一下：我们目前暂时没有进入美国市场的计划。我估计，这辆YU7是美国同行或者供应商购买的对标车。

格隆汇2月10日｜据一财，当地时间周一，日经225指数涨超2000点，史上首次突破56000点关口——这也让伯克希尔所持日本资产，即五大商社的投资市值突破410亿美元。从2019年开始，已卸任伯克希尔首席执行官的沃伦・巴菲特对日本股票进行了一系列大手笔押注。周一东京股市大涨推高了相关个股股价，单日浮盈近20亿美元。结合伯克希尔财报公布的细节，其投资成本约为138亿美元，这意味着这笔投资已增值近两倍。

在全球贸易活动保持韧性之际，新加坡预测今年其经济增长速度将超过预期。 新加坡贸易及工业部周二发布的最终预测显示，2026年国内生产总值（GDP）预计将增长2%-4%，高于此前1%-3%的预测。 该部表示，2025年最后一个季度GDP与上年同期相比增长6.9%。这高于经济学家的预估中值6.5%，也高于政府发布的初值5.7%。 新加坡贸工部表示，人工智能的持续繁荣，包括美国、德国和日本在内多个经济体的扩张性财政政策，以及宽松的全球金融环境，将支持全球经济增长。 2025年国内生产总值增长5%，超过此前4.8%的初值。这是自2021年以来最快的增速，当时疫情后的报复性消费推动经济增长接近10%。 这些数据显示，尽管有美国关税的搅扰，但新加坡经济依然保持了强劲韧性，人工智能AI的蓬勃发展刺激了该国高科技制造业和出口。越南和马来西亚等邻国也基本未受美国提高关税的影响，这主要得益于电子产品需求增长。 预计新加坡总理黄循财将在周四公布2026年财政预算案时，宣布最新经济战略。 责任编辑：于健 SF069

当地时间周一，日经225（N225）指数涨超2000点，史上首次突破56000点关口——这也让伯克希尔所持日本资产，即五大商社的投资市值突破410亿美元。从2019年开始，已卸任伯克希尔首席执行官的沃伦 巴菲特对日本股票进行了一系列大手笔押注。周一东京股市大涨推高了相关个股股价，单日浮盈近20亿美元。结合伯克希尔财报公布的细节，其投资成本约为138亿美元，这意味着这笔投资已增值近两倍。(一财)

据知情人士称， 现代汽车 寻求到2028年向 谷歌 的自动驾驶子公司Waymo供应5万辆IONIQ 5自动驾驶汽车。 鉴于每辆车的价格估计约为50，000美元，该合同价值可能为25亿美元。 责任编辑：于健 SF069

Taiwan says ‘impossible’ to move 40% chip capacity to U.S. The Japan Times

隔夜美国软件股集体反弹，华尔街分析师集中发声驳斥人工智能将颠覆软件行业的“末日论”，称市场过度悲观。甲骨文等龙头股大幅反弹，科技巨头加码资本支出的承诺也提振了投资者信心。 软件板块整体走强，iShares Expanded Tech-Software Sector ETF周一上涨3%，此前该ETF已较高点暴跌约28%，市场担忧AI将接管软件传统职能并颠覆其收入模式。Wedbush Securities分析师Dan Ives称近期软件股"末日"叙事"极度夸张"，并将Salesforce和ServiceNow加入该机构AI 30榜单。 甲骨文股价一度飙升12%，创9月10日以来最大盘中涨幅，收涨近10%。D.A. Davidson分析师Gil Luria将该股评级从中性上调至买入，并直言"软件并未死亡"，称企业将继续为甲骨文产品付费，"不会被随意编码替代"。 此外，亚马逊承诺今年在数据中心、芯片等设备上投入2000亿美元，这一表态帮助缓解了市场对AI威胁的担忧。部分投资者押注，亚马逊、Alphabet、Meta和微软等公司合计约6500亿美元的AI工具支出，至少有一部分将流向软件企业。 华尔街集中反击“末日论”叙事 多位分析师周一密集发声，推翻软件行业面临生存危机的悲观论调。Wedbush的Ives在周日研报中表示，市场正在为软件公司定价一个"末日场景"， 他认为这种预期"极度夸张" 。他指出，在迁移项目变得不那么复杂和有风险之前，客户不太可能为了加速AI采用而冒数据风险。 Monday.com管理层在周一财报电话会议上也表达了类似观点。尽管该公司因本季度和全年收入预期疲软导致股价暴跌20%，但联合创始人兼联席CEO Eran Zinman表示， 客户仍然喜欢他们的产品，并在寻找利用AI技术的最佳方式。 "对他们来说，最好的方式是使用他们之前已经在用的系统，那里有大部分数据、背景和工作流程，"他说。 Crossmark Global Investments首席市场策略师Victoria Fernandez认为， AI和软件公司可以"在某种程度上共存，但问题是这些公司能保留多少定价权" 。她补充道，对于那些经历了大幅回调但拥有强劲资产负债表的公司，投资者可以"试水"。 甲骨文大幅反弹但仍远低于高点 尽管周一大涨，甲骨文股价仍较去年9月高点下跌约50%，今年迄今跌幅约20%...

But it is the crisis over Greenland that has really tugged at the fabric of the entire transatlantic alliance between the US and Europe. Donald Trump has said on numerous occasions that he "needs to own" Greenland for the sake of US and global security, and for a while he did not rule out the use of force.

1月28日，由铅笔道联合主办的中关村早期投资论坛暨2026新场景大会举行，影响力登上活动行北京总榜第1名。本文为大会《人形机器人跑得快，但钱好赚吗？》圆桌讨论实录。 以前春晚，大家看的是节目，但去年开始，大家开始关注：人形机器人是不是要整点新活了。但表演、跳舞等，真的是机器人的天花板吗？显然不是。 本文将击穿这个问题，为您详细解读：人形机器人最容易赚钱的机会，以及最不容易赚钱的机会；哪些愿景是可期的，哪些是短期克服不了的。 参与讨论的嘉宾包含：1位长期关注人形机器人的投资人，2位人形机器人创业家（见下表）。 01 去年，哪些场景突破最令人兴奋？ 邹蔚： 从春晚到马拉松、运动会，人形机器人这一年刷足了存在感。对几位长期在一线的从业者来说，2025 年最重要的突破到底在哪里？ 张煜： 如果用一句话总结，2024 到 2025 年，是具身智能发展速度最快的一年。我看到几个非常明显的变化。 第一，融资规模在不断刷新。 现在，过亿的项目已经不算稀奇了，这本身就说明行业热度和市场预期在快速抬升。 第二，机器人开始“无处不在”。 现在很多展会，如果没有机器人，反而会显得有点“跟不上时代”。 第三，有一件事让我印象特别深——宇树机器人的拳击赛登上了央视转播。 这至少说明两点： 一是国家层面对这件事是重视的； 二是机器人在动作流畅度、表现力上，已经开始具备真正的“观赏性”，甚至有点像人了。 但说实话，这些变化和赚钱的关系并不大，更多还是认知层面的突破。 张正涛： 我个人感触最深的一点，是供应链和成本真的成熟了。 我2007年就开始做人形机器人，那时候做打乒乓球的项目，还是国家重大专项，很多核心零部件要等半年以上。但到今天，从关节、电机到整机本体，一整套人形机器人的成本，已经可以和人力成本放在一起算账了。 第二个变化是运控能力。 以前机器人走路是“晃晃悠悠”，现在在 CES 这样的国际展会上，中国的人形机器人已经可以不挂绳稳定行走，从 1.3 米到 1.6 米都比较成熟。 第三是灵巧手。 过去灵巧手非常贵，现在从6个自由度到 20 多个自由度，成本已经降到几千到几万。本体成本、运控稳定性、灵巧手成熟度这三件事，让人形机器人第一次具备了计算 ROI 的基础。 从应用上看，2025 年更多还是文旅、商超、导览这类“表达型场景”；真正往工业场景走，可能要到 2026 年以后。 邹豪： 我想从...

(RTTNews) - The Taiwan stock market on Monday ended the two-day losing streak in which it had dropped more than 500 points or 1.6 percent. The Taiwan Stock Exchange now sits just above the 32,400-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is cautiously optimistic amidst an extended rebound among technology companies and ahead of key U.S. data later this week. The European and U.S. markets were up and the Asian bourses are expected to follow that lead. The TSE finished sharply higher on Monday following gains from the technology and plastics sectors, while the financial sector came in mixed. For the day, the index jumped 621.70 points or 1.96 percent to finish at 32,404.62 after trading between 31,956.21 and 32,666.05. Among the actives, CTBC Financial shed 0.47 percent, while Fubon Financial collected 1.52 percent, E Sun Financial dropped 0.88 percent, Taiwan Semiconductor Manufacturing Company and Formosa Plastics both jumped 1.97 percent, United Microelectronics Corporation improved 0.81 percent, Hon Hai Precision vaulted 1.63 percent, Largan Precision tumbled 1.72 percent, Catcher Technology tanked 2.25 percent, MediaTek surged 7.02 percent, Delta Electronics strengthened 1.72 percent, Novatek Microelectronics expanded 1.92 percent, Nan Ya Plastics soared 6.12 percent, Asia Cement lost 0.42 percent and Cathay Financial and Mega Financial were unchanged. The lead from Wall Street suggests mild upside as the major averages opened lower on Monday but eventually moved up into the green to finish with modest gains. The Dow rose 18.98 points or 0.04 percent to finish at 50,134.65, while the NASDAQ jumped 217.80 points or 0.95 percent to close at 23,249.02 and the S&P 500 added 34.13 points or 0.49 percent to end at 6,966.43. The strength that has emerged on Wall Street reflected an extended rebound by tech stocks, which helped the strong upward move seen last Friday. Software giant Oracle (ORCL) has ...

爱迪特（301580）在机构调研时表示，公司3d打印（885537）业务推进态势良好，将成为公司核心业绩新引擎。EZprint-P1打印机拥有高速打印优势，20分钟可完成半口桥打印，大幅提升行业生产效率；配套打印材料固含量53%，已获FDA认证，国内、欧盟认证即将落地。对于口腔3d打印（885537）市场，公司判断其具备广阔的发展与放量潜力，3d打印（885537）产品与技术成熟度持续提升，公司打印的应用场景向种植、正畸等多领域拓宽，相关临床方案已完成市场验证。(人民财讯)

Advertisements for potentially illegal mainland Chinese cleaning services targeting Hong Kong households ahead of Lunar New Year remain available on social media platform RedNote despite recent arrests by the city’s immigration authorities, the South China Morning Post has found. Checks by the SCMP on RedNote found several suspected illegal posts promoting domestic cleaning services in the city, with some saying “professional local team sent to Hong Kong home” and another promising to “deep clean your home in Hong Kong”. None of those posts clearly named the origin of the janitors. Advertisement A reporter posing as a customer sent direct messages to one of the service providers requesting a quotation for a deep clean of a 400 sq ft flat in Sheung Shui, including sweeping and mopping, and cleaning windows, furniture and the hood in the kitchen. The operator quoted HK$130 (US$16.60) per hour, with a minimum requirement of three hours per session, saying the shorter the shift, the less “cost-effective” the cleaning task. It also requested HK$60 as a border crossing transport fee. Advertisement The mainland operator then asked the reporter to switch to the WeChat messaging platform to confirm details of the service and pay half the price as a deposit.

财联社2月10日讯（编辑 卞纯） 美国总统特朗普最新表示， 他提名的美联储主席能够使美国经济实现15%的增长率。这一目标极为乐观，却也凸显出沃什若通过参议院提名确认，将面临巨大压力 。 特朗普在采访时表示，沃什是他上次遴选美联储主席时的 “第二人选”， 当初选择杰罗姆·鲍威尔担任美联储主席是个重大错误 。 “若沃什能充分发挥自身能力履职，美国经济增速有望达到15%，甚至更高。我相信他会做得很出色，他确实是个非常优秀的人。”特朗普在周一播出的一段采访片段中表示。完整采访将于周二播出。 目前尚不完全清楚特朗普所指的是同比增速还是其它度量指标。美国经济今年预计增长2.4%，过去五十年平均年增长率为2.8%。自1950年代以来，国内生产总值（GDP）增速超过15%的情况屈指可数，其中包括2020年第三季度，当时企业在新冠疫情解封后重启。 特朗普在寻找新主席的过程中曾表示，他将选择一位支持降息的候选人。他最终选择提名前美联储理事凯文·沃什担任下一任美联储主席，考虑到沃什此前的鹰派立场，这令市场担忧降息之路将就此打住。 面对市场疑虑，特朗普上周表态称，若其提名的美联储主席人选曾表达过加息意愿，那么这个人就不会获得这一工作机会。他还表示，自己毫无怀疑利率 “很快就会下调”。 这些言论显然表明，特朗普坚信沃什若成功上任，能在中期选举前为美国经济注入增长动力——中期选举历来对在任美国总统而言都是一场严峻考验。 同时， 这也意味着沃什未来的履职之路将如走钢丝般艰难，需在多方压力间寻求平衡 。 此番言论还表明，特朗普并不担心通胀问题。通常情况下，在经济增长率达到或接近15%的水平时，通胀率会大幅上升，而目前美国通胀率仍然高企。 根据美联储去年12月发布的经济预测，官员们的中位数预期是2026年仅降息一次。不过，投资者仍预计今年会有两次降息。 在周一播出的采访片段中，特朗普还透露，当初前财长史蒂文·姆努钦力主提名鲍威尔担任美联储主席。 “我的财政部长非常、非常想要他（担任美联储主席）。我当时对他感觉并不好，但有时候你听从别人的意见，结果却是个错误，这确实是个严重的错误。”特朗普在谈到鲍威尔时表示。 鲍威尔在美国前总统拜登执政期间获得连任，自特朗普上台以来一直遭到批评。特朗普极力施压美联储降息，这打破数十年来的惯例，对美联储的独立性构成挑战。 上月，鲍威尔透露，联邦检察官正对他就美联储华盛顿...

Contemporary Amperex Technology’s (CATL) new batteries are ready to be used in extreme cold areas like Antarctica, according to a top engineer, as the Chinese giant eyes untapped markets amid keen electric vehicle (EV) competition. CATL’s Naxtra sodium-ion battery, which will be applied in mass-produced passenger cars for the first time globally this year, is undergoing winter testing in vehicles in chilly Inner Mongolia, the firm and its partner China Changan Automobile Group announced last week. “The Naxtra batteries are capable of working in extreme cold areas such as Antarctica, with tests done in -50 degrees Celsius (-58 Fahrenheit),” said Ouyang Xiaolong, the leading engineer for passenger car technology at the world’s largest power-battery supplier, in a recent interview with the South China Morning Post. Advertisement The tests in extreme conditions come as China’s penetration of EVs in total new car retail sales logged the slowest growth in the past five years in 2025 of 6.3 percentage points, data from the China Passenger Car Association showed. EV sales in mainland China have concentrated in coastal areas or developed cities, where the temperature is usually mild. Among the top 100 cities in terms of EV sales volume in 2025, only four cities were in Heilongjiang, Xinjiang and Inner Mongolia, where the temperature could be as low as -40 degrees Celsius in winter. Advertisement The limitation partly results from dominant lithium-ion batteries, as their performance sharply degrades at temperatures below 0 degrees Celsius. Sodium-ion batteries were better in low-temperature performance, safety and materials availability, but they were less competitive in energy density and cycle life, according to Ethan Zhang, an analyst at Nomura.

A researcher for Meta, the parent company of Facebook and Instagram , warned executives at the tech giant that there may be upward of 500,000 cases of sexual exploitation of minors per day on the social media platforms. Meta will be in court Monday as opening arguments begin in a case brought by New Mexico Attorney General Raul Torrez against the social media company, which he has accused of exposing children to "sexual exploitation and mental health harm" through interactions on the platform. In a court filing obtained by FOX Business, attorneys for the state of New Mexico noted that Malia Andrus, who worked in child safety roles at Meta from 2017 to 2024, said in an internal email included in court filings that sexually inappropriate messages were sent to "~500k victims per DAY in English markets only." "We expect the true situation is worse," Andrus added in an email from June 2020 included in the court records. The emails were first reported by the New York Post . META FOUNDER MARK ZUCKERBERG MAY TESTIFY IN LANDMARK TRIAL TO EXAMINE IF SOCIAL MEDIA IS ADDICTIVE FOR KIDS Signage outside Meta headquarters in Menlo Park, California, US, on Thursday, April 20, 2023. Meta Platforms Inc. is set to start cutting jobs across the company as it restructures teams and works toward founder Mark Zuckerbergs goal of greater effic Expand Andrus said that the large number of users on the Facebook and Instagram platforms give predators the ability to target children to an extent that wasn't possible prior to the advent of social media. "I just think, nowhere in the history of humanity could you have a secret conversation with 1000 people," Andrus wrote. "I'm actually scared of the ramifications here." She also noted issues with age verification on the platform, writing in an email that it's a "chicken and egg problem: our proactive detection and metrics use age-gating, so if the age prediction is wrong, we don't find them. However, our investigators have given feedback that almo...

Before making an investing decision, it's important to take a long-term view. Artificial intelligence (AI) stocks have been the ticket to a big investing win in recent years. They've powered the S&P 500 to three straight years of gains and fueled the bull market as names like Nvidia, Palantir Technologies, and CoreWeave have soared. But in recent weeks, some investors have rotated out of AI stocks and other tech players as various elements have weighed on investors' appetite -- from concern about their valuations to worries that AI will rival software, and as a result, hurt growth at software companies. So, now, you may be wondering if you should avoid AI stocks and move on to other industries or take advantage of the declines to get in on some of the world's leading players. Is it time to avoid this industry that has delivered incredible gains to investors in recent years? Or is right now a once-in-a-decade buying opportunity? Let's find out. The AI revolution As mentioned, AI stocks have been the driver of market gains over the past few years. This is because the technology holds the potential to revolutionize many areas -- from manufacturing to drug discovery and even office operations. All of this may result in earnings exploding higher at companies that develop, sell, or use AI tools and services. We've already seen many of these players, such as the companies I noted above, report revenue gains in the double and triple digits. And as AI use advances, this may continue. But the story isn't without risk. Some investors, seeing valuations of AI stocks and growth stocks in general soar, have worried that such levels aren't sustainable. The S&P 500 Shiller CAPE ratio, an inflation-adjusted measure of stock price in relation to earnings per share, reached one of its highest levels ever earlier this year, showing us that stocks today are expensive. This higher valuation trend weighed on investor sentiment back in November, with some worrying that an AI bubble may eme...

Key Points Technology stocks have slipped in recent times amid various headwinds. Investors have worried about valuations as well as the possibility that AI may hurt certain software businesses. 10 stocks we like better than Amazon › Artificial intelligence (AI) stocks have been the ticket to a big investing win in recent years. They've powered the S&P 500 to three straight years of gains and fueled the bull market as names like Nvidia, Palantir Technologies, and CoreWeave have soared. But in recent weeks, some investors have rotated out of AI stocks and other tech players as various elements have weighed on investors' appetite -- from concern about their valuations to worries that AI will rival software, and as a result, hurt growth at software companies. So, now, you may be wondering if you should avoid AI stocks and move on to other industries or take advantage of the declines to get in on some of the world's leading players. Is it time to avoid this industry that has delivered incredible gains to investors in recent years? Or is right now a once-in-a-decade buying opportunity? Let's find out. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The AI revolution As mentioned, AI stocks have been the driver of market gains over the past few years. This is because the technology holds the potential to revolutionize many areas -- from manufacturing to drug discovery and even office operations. All of this may result in earnings exploding higher at companies that develop, sell, or use AI tools and services. We've already seen many of these players, such as the companies I noted above, report revenue gains in the double and triple digits. And as AI use advances, this may continue. But the story isn't without risk. Some investors, seeing valuations of AI stocks and growth stocks in general soar, have wor...

Nvidia should continue to benefit from a surge in artificial intelligence (AI) spending. It's no surprise that corporate spending directed toward artificial intelligence (AI) is ramping up. Companies across nearly all sectors are trying to position themselves as leaders in AI, or at least not get left behind, and that's causing many to spend piles of cash to stay competitive. One company that's already seen a huge surge in demand for AI hardware as a result of this spending is Nvidia (NVDA +2.58%), and more could be on the way. Here's why Nvidia stock is poised to benefit for years to come. No one can match Nvidia's AI chip market share Nvidia designs processors used in AI data centers, and the company has a commanding lead over rivals, accounting for about 90% of the GPU market. And it's this massive competitive advantage that's led to such phenomenal financial results for Nvidia. The company's third-quarter (which ended Oct. 26, 2025) sales rose 62% to $57 billion, and its diluted earnings per share climbed 67% to $1.30. Nvidia CEO Jensen Huang said the company's Blackwell processor sales are "off the charts" and that its GPUs for cloud computing are sold out. Huang added: We've entered the virtuous cycle of AI. The AI ecosystem is scaling fast -- with more new foundation model makers, more AI start-ups, across more industries, and in more countries. AI is going everywhere, doing everything, all at once. In short, demand for AI processors is still sky-high, and Nvidia's market share in the most advanced AI processor designs is boosting the company's top- and bottom-line results. Expand NASDAQ : NVDA Nvidia Today's Change ( 2.58 %) $ 4.79 Current Price $ 190.19 Key Data Points Market Cap $4.5T Day's Range $ 183.99 - $ 193.66 52wk Range $ 86.62 - $ 212.19 Volume 7.4M Avg Vol 183M Gross Margin 70.05 % Dividend Yield 0.02 % AI spending isn't slowing down Nvidia's management estimates that by 2030, the amount of global annual spending on AI infrastructure will be betwe...

Quantitative hedge fund giant Qube Research & Technologies grew assets in its China long-only equity fund more than 10-fold over the past year, as more global investors warmed to Asia’s largest market. The Dao fund has topped $2 billion, up from around $190 million about a year ago, according to QRT’s Asia-Pacific chief operating officer, Murray Steel. It’s currently the only fund of four overseen by the more than $42 billion London-based firm that is open for additional capital, he said. Investors are looking to add money to China funds at an accelerated pace this year, recent surveys from Goldman Sachs Group Inc. and BNP Paribas SA showed. Money managers have shaken off concerns about slowing economic growth and rising geopolitical and regulatory uncertainty, opting to add to a market that can offer a way to diversify portfolios. While a net 42% of investors in the BNP survey said they pulled money from China hedge funds in 2023, 14% plan to add money to such vehicles this year, up from 9% who actually did so in 2025. Equity long-short and quant were among investors’ preferred strategies for China this year, Marlin Naidoo, the French bank’s London-based global head of capital introduction, said in a recent interview, citing the findings. QRT is led by Pierre-Yves Morlat and Laurent Laizet , the co-founders who both worked previously at Societe Generale SA and later at Credit Suisse Group AG. It was spun out in 2018 as part of a management buyout. It’s since emerged as one of the biggest and fastest growing hedge funds in the whole industry. Fueled by new cash and investment returns, QRT’s assets have expanded about 50% in the last 11 months, according to a Bloomberg News calculation. QRT merged two of its funds —- Torus and Prism — into a single pool at the end of last year. Torus traded the firm’s futures strategy as well as equities, while Prism included macro bets and futures. Secretive Hedge Fund QRT Storms $4.5 Trillion Industry’s Elite Secretive Hedge Fund Q...

去年，全国社消零总额突破50万亿元大关，消费对经济增长的贡献率达52%。这背后，规模大、活力强的万亿消费之城，发挥着至关重要的引擎作用。 随着2025年经济数据陆续出炉，万亿消费城市格局也迎来大洗牌：重庆超越上海登顶，北京稳居第三，成都则超过广州、深圳晋级全国第四、副省级城市第一。 除上述6座城市外，杭州、苏州、武汉及南京，是离万亿目标最近的后备“选手”。 2025年，杭州社消零总额达到9499亿元，同比增长3.8%，距离万亿只差“临门一脚”。杭州市政府工作报告提出，2026年社消零总额力争突破1万亿元，增速5%左右。 而曾在2024年宣布迈入“万亿消费城市”行列的苏州，经统计修订后已暂别这一行列。2025年，苏州实现社消零总额9092.2亿元，同比增长2.0%，未能跑赢全国（3.7%）和江苏（3.3%）平均水平。 在江苏刚刚跃升为“消费第一大省”的背景下，苏州能否代表江苏率先迈上万亿门槛，也再度成为关注焦点。 01 格局变动 万亿消费之城，相比GDP万亿城市更为稀缺。2015年，北京、上海社消零率先突破万亿大关，2018年重庆“撞线”，2021年广州“破门”，2023年深圳和成都又完成晋级，万亿消费之城的座席由此达到6个。 看似稳定的格局背后，实则暗流涌动。 一方面，六城内部排名持续变动；另一方面，后备城市你追我赶，纷纷将“第七城”视为关键目标，头部阵营时刻面临洗牌可能。 最新数据显示，重庆2025年社消零总额达到16688.5亿元，同比增长3.1%，规模升至全国城市首位。 此前连续七年稳坐“消费第一城”宝座的上海，以16600.93亿元社消零总额退居第二，与重庆差距微弱。 此外，北京（13677亿元）、成都（11434.1亿元）、广州（11032.38亿元）、深圳（10259.93亿元）分列第三至第六。其中成都连超广、深，跻身全国消费第四城，也是“副省级消费第一城”。 而近两年来，围绕第七座万亿消费之城的争夺愈演愈烈，甚至成为各地国际消费中心城市建设的重要目标。 去年初，苏州统计局曾披露，2024年苏州社消零总额为10043.7亿元，成为全国第七座万亿级消费城市。 不过就在几天前，《苏州统计年鉴-2025》显示，2024年苏州社消零总额为8915.12亿元，相较于此前的统计快报缩水超过千亿元。也就是说，苏州并未成为事实上的万亿消费之城。 而如今，杭州正在扛起争夺...

财联社2月9日讯（编辑 黄君芝） 摩根士丹利首席美股策略师迈克尔·威尔逊（Michael Wilson）发布最新报告称，在人工智能（AI）热潮的支撑下，科技行业营收前景强劲，美国科技股还有进一步上涨的空间。 由威尔逊领导的团队指出， 大型科技股的营收增长预期已达到“数十年来的最高水平”，而在近期市场波动后，其估值有所下降。与此同时，软件股的集体暴跌也为微软和财捷（Intuit）等一些股票创造了“极具吸引力的买入机会”。 报告称：“像上周那样的时期在大型投资周期中并不罕见。尽管如此，人工智能赋能板块的基本面利好因素仍在，而且我们还认为， 人工智能应用端相关标的的投资价值仍然被低估了。 ” 对于那些质疑巨额人工智能投资回报的人而言，威尔逊的观点或许能带来些许信心。上周，纳斯达克100指数遭遇了自去年12月以来最大的单周跌幅，而那些被认为可能受到人工智能冲击的股票，在新工具发布后也纷纷下跌。 目前，彭博“七大巨头”指数市盈率约为29倍，略低于五年平均水平。虽然已有部分投资者在上周五入场逢低买入，但这一势头是否能维持下去还尚未可知。 威尔逊团队的分析还显示，投资者目前尚未以更具结构性的方式，对企业资本支出提出严格的管控要求。这位策略师称，资本支出与营收之比更高的股票持续跑赢大盘。 他还认为， 那些将人工智能应用于核心业务的公司，而非那些开发技术和基础设施的公司，拥有更多机遇。 威尔逊表示，这类应用端企业在发布财报后的首个交易日，股价表现平均跑赢大盘1%。 最后，上述报告还称，美元下跌也为科技股带来提振，因为纳斯达克100指数成分股的营收约有一半来自海外市场。同时威尔逊和他的团队认为， 半导体、软件、科技硬件板块以及“科技七巨头”（纳斯达克七大股票）的盈利上调预期，将迎来更广泛的回升。 无独有偶。尽管上周经历了极其惨烈的一周，华尔街最知名科技银行家和研究分析师之一、人工智能软件投资银行Sherlund Partners的创始人里克·舍伦德（Rick Sherlund）也发出了“乐观信号”，并称尽管科技股最近有所回调，但市场仍处于大幅上涨的边缘。 “虽然投资者关注的是大型科技公司不断增长的资本支出，但我认为，对人工智能基础设施的潜在需求使得这些投资成为必要的，而不是过度的。”他说道。 舍伦德还驳斥了对大型科技公司在AI领域巨额投资的担忧，他指出真正的问题不在于需求是否会实现。他...