1月26日上午，全國港澳研究會在北京舉行「堅持與完善行政主導 促進特別行政區良政善治」專題研討會，中共中央港澳工作辦公室、國務院港澳事務辦公室主任夏寶龍出席研討會並致辭。 夏寶龍表示，習近平主席在聽取香港、澳門特別行政區行政長官述職時，對香港、澳門特別行政區政府都提出「堅持和完善行政主導」的明確要求。習近平主席的重要講話從全局和戰略高度，重申中央堅定不移的「一國兩制」方針的原則立場，飽含著對港澳同胞的深情關懷、對港澳發展的堅定支持、對特別行政區良政善治的殷切期望，為特別行政區落實行政主導、提高治理效能、高品質發展方向，具有遠高品質的現實方向，具有深遠的歷史性發展。 夏寶龍表示，行政主導作為基本法設計特別行政區政治體制的重要原則，根源於中華人民共和國憲法，是全面準確貫徹「一國兩制」方針的製度保障。香港、澳門特別行政區基本法是依據中華人民共和國憲法制定的，基本法設計的特別行政區政治體制鮮明的特徵就是行政主導。這項設計充分體現了中國特色，充分體現了香港、澳門資本主義制度的特點，符合「一國兩制」方針，符合特別行政區的法律地位，具有深厚的政治法律基礎和現實基礎。實行行政主導是維護特別行政區憲制秩序的必然要求。基本法明文規定，行政長官是特別行政區政府的首長，是特別行政區的首長，對特別行政區負責，對中央人民政府負責。行政主導體現了行政長官代表整個特別行政區向中央負責的根本要求，有利於正確處理中央和特別行政區的關係，維護特別行政區的憲制秩序。實行行政主導是確保「港人治港」、「澳人治澳」、高度自治的必然要求。在行政主導的政治體制設計中，行政長官和特別行政區政府居於主導地位，代表的是香港、澳門的根本利益，代表的是香港同胞、澳門同胞的整體利益，是實現“港人治港”、“澳人治澳”、高度自治最好的政權組織形式。實行行政主導是從港澳實際出發、實現特別行政區高效治理的必然要求。實施行政主導，充分發揮行政長官和特別行政區政府的主導作用，有利於提升政權機關的功能和效率，有利於團結方方面面的力量，靈活應對各種風險挑戰，維護香港、澳門的繁榮穩定。 夏寶龍表示，行政主導體制在香港、澳門特別行政區成功實踐，展現出強大生命力與優越性。香港、澳門回歸以來，在中央政府全力支持下，行政長官帶領特別行政區政府落實行政主導，團結社會各界奮力拼搏，保持了香港、澳門長期繁榮穩定，“一國兩制”實踐取得舉世公認的成功。港澳回歸以...

【有線新聞】全國港澳研究會舉行研討會，基本法委員會委員梁美芬會後引述港澳辦主任夏寶龍的發言，強調香港是行政主導制，行政長官對於行政、立法、司法有最終的責任，立法會議員要合配合政府施政。 全國港澳研究會舉行研討會設北京、香港兩個會場。中聯辦副主任劉光源、羅永綱、孫尚武等，運輸及物流局局長陳美寶、前基本法委員會副主任梁愛詩、多名立法會議員、人大政協等到政總出席連線研討會。 會後有與會者引述港澳辦主任夏寶龍會上說香港是行政主導制，行政長官是行政、立法和司法的最後負責人。梁美芬：「香港在資本主義制度下如何發揮得最好，司法有獨立的審判權，行政長官對立法、司法和行政有最終話事權、參與權和指引權。行政長官在基本法第四章設計下大家要很清晰，行政長官對三權在香港發揮的作用，基本都要負責，大家都要配合他的工作。」 夏寶龍發言亦提到立法會議員應以立法會工作為主。梁美芬：「新一屆的立法會在責任擔當、展現和形象，對我們有特別高要求，希望立法會議員在社會上樹立一個榜樣，亦要主動提出問題，提出解決問題方案。夏主任是特別強調立法會議員最重要的職責，無論你有多少其他公務，都要以立法會為首要任務，充分展示愛國者治港和愛國者的立法會如何結合配合政府施政。」 除了夏寶龍外，會上還有前全國人大法律委員會主任喬曉陽、前港區全國人大常委范徐麗泰等人作主題發言。

Key Points IWO charges a notably higher expense ratio than VOOG, but both offer roughly the same dividend yield. VOOG has delivered stronger five-year growth with less severe drawdowns, while IWO is more volatile and small-cap focused. IWO spreads risk across over 1,000 holdings, tilting toward healthcare and industrials, whereas VOOG is concentrated in large-cap tech. These 10 stocks could mint the next wave of millionaires › The Vanguard S&P 500 Growth ETF (NYSEMKT:VOOG) and the iShares Russell 2000 Growth ETF (NYSEMKT:IWO) both target U.S. growth stocks, but they do so through very different lenses. VOOG tracks the large-cap S&P 500 Growth Index, emphasizing established giants, while IWO focuses on smaller, fast-growing companies in the Russell 2000 Growth Index. This comparison highlights where each ETF stands on fees, performance, and risk, helping investors weigh which approach may appeal depending on their goals. Snapshot (cost & size) Metric VOOG IWO Issuer Vanguard iShares Expense ratio 0.07% 0.24% 1-yr return (as of Jan. 25, 2026) 16.16% 15.31% Dividend yield 0.49% 0.56% Beta (5Y monthly) 1.08 1.45 AUM $22 billion $13 billion Both funds offer similar dividend yields, making them roughly equivalent in terms of income potential. However, VOOG is notably more affordable on fees, giving it an edge for cost-conscious investors. Performance & risk comparison Metric VOOG IWO Max drawdown (5 y) -32.74% -42.02% Growth of $1,000 over 5 years $1,880 $1,097 What's inside IWO tracks U.S. small-cap growth, covering 1,098 stocks with a tilt toward healthcare (making up 26% of the portfolio), technology (23%), and industrials (20%). Its largest positions — Bloom Energy, Credo Technology Group, and Kratos Defense & Security Solutions — each make up less than 2% of assets, reflecting a broad, diversified approach. VOOG, by contrast, is concentrated in large-cap U.S. growth stocks. Technology dominates the portfolio, making up close to 50% of assets, followed by communicatio...

There’s a mildly amusing on-paper joke at the centre of manic art world comedy The Gallerist: what if someone was accidentally impaled on an exhibit but rather than report it, the corpse became part of the artwork? Sure, poking fun at the absurdity of modern art might seem a little dated and definitely a little too easy but maybe with a packed cast including Oscar winners Natalie Portman, Catherine Zeta-Jones and Da’Vine Joy Randolph, there could be a fun, fast-paced caper here? The answer is a depressing nope, the film a pained and grating misfire played like Weekend at Bernie’s for MoMA members that’s not funny or smart enough to work as farce or satire. It’s the latest from writer-director Cathy Yan, who was at Sundance in 2018 with Dead Pigs, a colourful, poppy Shanghai-set ensemble comedy drama that was vibrant and commercial enough to get her a DC gig, making the most of Harley Quinn spin-off Birds of Prey. The Gallerist is her inevitable next step, a combination of one for them and one for herself, a star-studded dark comedy that, during her introduction before the Sundance premiere, she jokes she didn’t have to edit in her living room. But it’s a major stumble, limply aiming at low-hanging fruit (isn’t the art world kinda dopey?) and wasting a cast who could and should be having more fun. I’m always a fan of Portman’s big swings, more recently nestled next to her thankless Marvel work, but she can’t seem to find her footing here, playing ambitious and morally disintegrating gallerist Polina, styled like a cross between Miranda Priestly and Andy Warhol. She’s hoping her new exhibition, unveiling during Art Basel’s Miami edition, will nudge her further from snobbish judgment (she’s known to have gained her money via ex-husband and “canned tuna king” Tom, played by Sterling K Brown) and towards the acclaim she desperately hungers for. She’s showcasing the work of relative unknown Stella (Randolph) whose work is maligned by obnoxious art influencer Dalton (Zach ...

MSFT260130C00445000 互動股市圖表 | MSFT Jan 2026 445.000 call 股市 Yahoo 財經

California's Billionaire Tax: A Mirror Of EU Green Socialism Submitted by Thomas Kolbe The mid-19th century Gold Rush earned California the nickname “Golden State.” Over generations, the region became a place of aspiration— a projection screen for ambition and prosperity. Here, the American Dream coalesced into tangible stories of social mobility. Today, the state has become the stage for a political experiment that mirrors Europe’s globalist ideology. This year’s World Economic Forum in Davos was entirely overshadowed by Donald Trump’s speech. The U.S. President declared the centrally planned EU-style climate socialism a failure, sending a chill through those who had benefited economically from the past years’ policies and fully embraced the green transformation agenda. A politician who seems particularly devoted to this European-style centralist approach is California Governor Gavin Newsom. The day after Trump’s grand Davos performance, Newsom had the chance to present his perspective—a performance that quickly struck observers as bizarre. He labeled the Western leaders’ response to Trump’s policies as pathetic, accusing them of cowardice and bowing to the Trump administration. Symbolically, he carried a pair of bright red Trump Signature Knee Pads as a political prop, claiming he should have brought a full set for every world leader. This hardly reflects the conduct of a serious statesman, particularly as his policies at home have generated genuine economic problems and deep social upheavals. California on a Green Course Newsom, a prospective Democratic presidential hopeful, governs the world’s fourth-largest economy—if California were its own nation. He stages himself as a champion of the supposedly progressive, preferring the role of climate activist over that of a sober governor. The 2024 California wildfire disaster was apodictically attributed by him, in a blunt “Basta-style,” to climate change—opportunistic, eager to push through his climate agenda in the i...

ENS260220C00130000 互動股市圖表 | ENS Feb 2026 130.000 call 股市 Yahoo 財經

zhengzaishuru What's the best utilities stock play right now for investors? Seeking Alpha analysts Power Hedge , Kody's Dividends , and Wolf Report gave us their picks. Power Hedge : One of the major driving forces for utility sector gains over the past year or two has been the construction of numerous data centers that are intended to provide the infrastructure needed for generative artificial intelligence. Thus far, this trend has mostly benefited electrical utilities, but there could also be potential in natural gas utilities. Texas is now requiring all data centers to have their own on-site power generation, and the Trump administration appears to be encouraging data centers in other states to do the same to avoid substantial price hikes on everyday consumers. One way to generate power on-site is by putting a natural gas turbine on the data center premises. Natural gas utilities with operations in Texas or Virginia, such as Atmos Energy ( ATO ) or NiSource ( NI ), could be beneficiaries here, and they have more attractive valuations than most electric utilities. Kody's Dividends : While NextEra Energy ( NEE ) remains the high-quality titan of its industry, its recent rally has eroded the margin of safety, with it trading near my fair value estimate. For the best utility play right now, I prefer Xcel Energy ( XEL ). It's a Dividend Aristocrat in the making, trading nearly 10% below my fair value estimate with a clear path to 9% annual ongoing diluted EPS growth through 2030, fueled by a massive data center pipeline. I'm pairing it with Essential Utilities ( WTRG ). As a Dividend Champion with 30+ years of dividend raises, now is the time to buy this top-notch water utility at a double-digit percentage discount to my fair value estimate. Wolf Report : While much of the current utility sector (at least multi-utilities, most of them on an international basis) is either fully valued or overvalued, I see value in U.K.-based National Grid ( NGG ), with a near-4% yield ...

Billionaire David Tepper Sells Oracle, Micron, and Intel, and Buys an AI Stock Up 31,000% Since Its IPO The Motley Fool

Billionaire David Tepper loves a good turnaround story. He made his fortune as a master of investing in distressed debt through his hedge fund , Appaloosa Management. The value-focused contrarian approach Tepper takes with his investments has continued to serve him well as he expanded it to equities. True to form, the fund's most recent 13F filing with the SEC showed significant sales of stocks that have seen their share prices soar. These stocks, which have largely capitalized on the artificial intelligence (AI) trend, include Micron Technology (NASDAQ: MU) , Oracle (NYSE: ORCL) , and Intel (NASDAQ: INTC) . With the profits, Tepper reinvested in another AI stock that hasn't quite taken off yet, but that could become a key supplier of AI chips across various form factors over the next few years. While its stock is up 31,000% from its initial public offering (IPO) in the early '90s, it's traded sideways for the last two years. Here's what may have pushed Tepper to make the shift in his portfolio. Continue reading

A big-time sell-off in the crypto market this week didn't spare Chainlink. Among the worst-performing large-cap cryptocurrencies this past week was Chainlink (LINK 5.79%). This network's native LINK token lost 17.1% of its value over the past seven days, as of 3:00 p.m. ET on Sunday. Expand CRYPTO : LINK Chainlink Today's Change ( -5.79 %) $ -0.71 Current Price $ 11.48 Key Data Points Market Cap $8.1B Day's Range $ 11.39 - $ 12.23 52wk Range $ 10.21 - $ 27.70 Volume 411M This move is significant, considering Chainlink's role as a leading infrastructure player supporting developers building crypto applications that require off-chain data, such as price feeds, to be ported to the blockchain. As a leading oracle network on this front, Chainlink's value in supporting the sort of innovation and growth that investors rely on (driven by other leading application-based tokens) is immense. Let's dive into the bearish catalysts this past week which drove underperformance for this top-15 digital asset, and what this week's move may portend for Chainlink's investment thesis moving forward. What moved the needle for Chainlink this week? It was an interesting week for Chainlink, and one that, in any other environment, I'd suggest could have been very lopsided for bulls. Chainlink announced that its oracle Network launched the "24/5 U.S. Equity Streams" solution, which aims to expand the project's data streams for DeFi protocols seeking comprehensive and real-time data. These data will be utilized to allow for real-time 24-hour trading during the week on decentralized protocols. In doing so, the expectation is that more trading will take place on-chain, and true integration between traditional finance and DeFi could ramp up more quickly than many initially thought. Unfortunately, the broad-based market decline, which took most top digital assets in the crypto market lower this week, also affected Chainlink. Speculative capital appears to be flowing in one direction right now-and t...

格隆汇1月26日｜人们越来越担心存储芯片短缺会影响汽车行业。随着软件定义汽车（SDV）的普及，汽车对存储芯片的需求不断增长，而供应预计会向人工智能（AI）市场倾斜，从而引发短缺现象。一些汽车芯片公司被分析认为可能会因为内存供应不足而不得不改变产品设计。一位半导体行业人士表示：“汽车半导体供应链的风险可能从今年上半年开始显现”，并指出“业内预计存储芯片价格将上涨两倍以上”。瑞银证券表示：“存储芯片短缺可能对全球汽车行业构成重大风险”，并且“极有可能给（汽车半导体）供应商和（整车）制造商都带来财务压力”。

環澳洲公路單車賽煞科站，東道主雲尼比賽途中，遇上不速之客而「炒車」，都順利完成比賽，兼贏得總冠軍。 煞科站長169.8公里，比賽剩餘約95公里，畫面左下角見到，一隻袋鼠突然衝入主車群，之後受驚亂跳，至少四位車手收掣不及「炒車」，包括東道主雲尼，袋鼠很快跳到路邊逃去，雲尼都很快起身，繼續比賽，最終以第26名完成，累計以超過一分鐘優勢，贏得總冠軍。

開業近18年的錦上路跳蚤市場將於1月底結業，這個只在周六、日營業的懷舊市集，曾吸引大量市民前來尋寶、消遣，檔位長期爆滿，一舖難求。如今僅剩約60檔營運，不少檔主與街坊均感不捨，稱這裡已承載無數人情味與回憶。營運商陳義漢則稱以平常心面對，坦言「時代洪流，係時候退落嚟」。 錦上路跳蚤市場自2008年5月1日開業以來，已陪伴港人近18年，每逢假期就吸引無數男女老幼前來閒逛、尋寶。然而，隨著北環線工程的落實，這片土地被納入工程範圍，市場亦將於本月底正式結業。 近18年歷史懷舊市集 曾一舖難求 市場以售賣懷舊產品為主，大大小小的攤位販賣黑膠唱片、玩具、懷舊小吃等，彷彿讓人穿越回舊時代的香港。跳蚤市場營運商陳義漢回憶起當初的點滴，語氣中滿是感慨。他經營跳蚤市場已有30多年，曾參與過錦繡和石崗等跳蚤市場，全盛時期更曾帶領數百檔攤販。但錦上路這個市場，是他堅持最久的一個。「我諗全香港最耐就係呢個市場。我未做過一個場做咁多年，我最耐一個場都係七、八年，呢個已經係我最後一個場。」 這塊土地原本屬於港鐵，早在2003年錦上路站啟用時，周邊還是一片寧靜荒涼，缺乏人氣。港鐵邀請陳義漢前來開辦市集，希望藉此帶旺地區。經過五年申請手續，市場終於在2008年開幕。「當時東鐵和地鐵未合併，佢哋俾咗幾塊地我哋揀嚟做，我就揀咗呢塊地。」陳義漢憶述，「當時呢度係一個好寧靜、好荒涼嘅地方，到我哋越做越好，加上地鐵貫通尖沙咀，呢度曾經旺過成十年。」他坦言非常令人懷念，「以前呢度好擠擁，很有特色。如果係星期日下午5點，呢度逼滿晒人㗎。」 這裡不需入場費，成為許多家庭的親子樂園。陳義漢：「香港人唔係個個都要去啲畀入場費嘅地方，佢嚟到呢度，啲小朋友玩機，媽媽畀十蚊、二十蚊，佢已經可以玩半個鐘㗎啦，（呢種地方）好難㗎。」 市場曾有160個檔位，在全盛時期一舖難求，需要等候4至5年才能租到。但近年來，人流減少，今年更出現大量空位。「我哋以前係一舖難求，你無等4、5年都租唔到。今年就冇辦法，今年真係大把位做，而家我哋160檔，起碼有100個空位。」陳義漢解釋，租金低廉是吸引檔主的重要原因，從最初的每月2,000元，只加過一次至2,200元，特別適合退休人士或兼職經營。 檔主百感交集：有精神寄托、又可以做生意 如今，面對結業，不少檔主百感交集。賣玩具的檔主譚先生坦言，這裡不僅是生意，更是興趣與社交的天地。「自己鍾意玩玩具咪...

Mikel Arteta blamed individual errors for Arsenal’s 3-2 defeat against Manchester United, on a weekend when their lead in the Premier League title race was cut to four points. Arsenal were 1-0 up when the game was transformed by Martín Zubimendi’s mis‑hit back-pass, which presented Bryan Mbeumo with an equaliser. United scored with outstanding strikes from distance by Patrick Dorgu and Matheus Cunha in the second half to stun the leaders. “The first half an hour we’re very dominant,” Arteta said, “playing the areas that we wanted, scored a goal, had two fantastic chances to score another one. And after that, we gave them the goal.” Zubimendi’s mistake was not the only Arsenal error, perhaps a result of the successive goalless draws in the previous Premier League games ramping up a sense of anxiety. “The first error leads to the second one,” Arteta said. “There were three or four, which is very unusual today – but they are part of football and today we got punished. In the end, we have to show the mental strength we have on matchdays.” Arteta resisted the temptation to complain about two possible handballs – the ball may have brushed Dorgu’s hand before he lashed in the goal that put United 2-1 up, although replays were not conclusive, while a shot hit Harry Maguire’s hand which was presumably deemed not to be an offence because it was breaking his fall. Arteta said: “With the changes, we managed to shift the energy, scored the second goal, and you could feel that everything changed and the game was there to go and win it. In the next action, Noni [Madueke] is one v one in the six-yard box. We don’t get anything out of that. It goes to a goal-kick … one pass, win the duel, and Cunha puts it in the perfect angle to lose all the momentum, all the good energy that we were building up and to go and win the game for them.” The Arsenal manager also refused to be critical of fans who gave the home side a smattering of boos at half-time. “We have to do more, and when we do t...

These top dividend stocks should continue increasing their already lucrative payouts. The S&P 500's dividend yield is around 1.2% these days, which is near its all-time low. However, that doesn't mean there aren't attractive income opportunities today. Several high-quality companies currently offer dividend yields that are much higher. Here are three safe dividend stocks with yields of at least 3% that you can confidently buy right now. Brookfield Infrastructure Brookfield Infrastructure's (BIPC +0.78%)(BIP +1.70%) dividend yield is around 3.8% these days. The global infrastructure operator has a diverse portfolio of critical infrastructure businesses across the utilities, transportation, energy midstream, and data sectors. Most of those businesses generate durable cash flows backed by long-term contracts or government-regulated rate structures (85% of its funds from operations) that either index rates to inflation or protect its earnings from its impact. As a result, Brookfield generates steadily rising cash flow to support its dividend. The company aims to pay out 60% to 70% of its stable cash flows in dividends, retaining the remainder to reinvest in expanding its operations. Brookfield currently has about $7.8 billion in capital projects in its backlog, which it expects to complete over the next two to three years. The bulk is in its data segment (nearly $6 billion) and includes its investments in a U.S. semiconductor foundry and multiple global data center projects. Expand NYSE : BIPC Brookfield Infrastructure Today's Change ( 0.78 %) $ 0.35 Current Price $ 45.54 Key Data Points Market Cap $6.0B Day's Range $ 44.89 - $ 45.54 52wk Range $ 32.08 - $ 47.71 Volume 15K Avg Vol 586K Gross Margin 62.66 % Dividend Yield 3.78 % Brookfield Infrastructure also acquires new businesses. It has secured $1.5 billion of deals over the past year, including investments in a U.S. refined products pipeline system, a bulk fiber network, and an advanced fuel cell system to power dat...

The AI hardware market is heating up with mounting competition. Is Nvidia still the leader of the industry? When you're talking about the biggest stock market stories of 2025, Nvidia (NVDA +1.60%) is a name that keeps coming up. The company has been one of the biggest winners of the artificial intelligence (AI) boom. The company's hardware, its graphics processing units (GPUs), have become synonymous with AI. Many of the most advanced programs run on Nvidia chips -- so many, in fact, that Nvidia has achieved a market share of 85%. Nvidia is nearly a monopoly on its own with market control like that. But there are competitors emerging, namely Advanced Micro Devices (AMD +2.29%) and Qualcomm (QCOM 1.13%). AMD holds 7% market share and growing, while Qualcomm has introduced some new chips aimed at lower-end AI users who don't need the computing horsepower Nvidia's chips are packing. So, is Nvidia going to remain the leader of the AI hardware market? Heavy is the head that wears the crown While there are many risks to being on top -- the biggest one being that everyone is gunning for your spot -- I don't think Nvidia is at any risk of being toppled anytime soon. Let's start with the fact that even though AMD is growing its market share, it only grew by 0.8% in the third quarter of 2025 to hit 7%. So it is a rival, but a slow-growing rival. While Qualcomm's chips are sure to be a disruption in the market, one is due to come onto the market this year and the second in 2027. From there, it will take time to truly assess their effect on the AI hardware market. It's also important to note that while there are competitors, Nvidia is the go-to choice for all the biggest AI software developers. OpenAI is a major user of Nvidia hardware, and in September, it announced intent to deploy another 10 gigawatts of Nvidia chips . Microsoft (MSFT +3.45%) is also a major buyer. Despite the 1,252% gain over the past five years and its $4.45 trillion market cap, Nvidia is still growing and...

Key Points The Defiance Drone and Modern Warfare ETF only launched in September. Stocks in the ETF derive at least 50% of their revenue from projects such as military drones, artificial intelligence (AI)-driven warfare and defense technology, and space products. 10 stocks we like better than ETF Series Solutions - Defiance Drone And Modern Warfare ETF › One of the top-performing names in the stock market in the last two years has been Rocket Lab (NASDAQ: RKLB). The company, which provides launch services, rockets, space vehicles, and satellite equipment, is an emerging force in U.S. and international space programs. Rocket Lab stock jumped 360% in 2024 and 174% in 2025. A $10,000 investment three short years ago would have turned into $186,880 today -- that's life-changing money for many people. Rocket Lab is a great name for anyone who is looking to invest in a space stock. But as much as I like Rocket Lab stock, I think a better buy today is the Defiance Drone and Modern Warfare ETF (NYSEMKT: JEDI). This fund has Rocket Lab as a top holding, and it also provides exposure to several other interesting companies in related industries. 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 » What is the JEDI ETF? The Defiance Drone and Modern Warfare ETF, is operated by Defiance ETFs, which focuses on thematic exchange-traded funds. ETFs come in all sorts of flavors and colors -- some are index funds that track the S&P 500 or one of its sectors, and others are thematic ETFs that track an industry or concept. The JEDI ETF falls in the latter category. The JEDI ETF includes companies that develop military drones, AI-driven warfare and defense technology, space products (including space weaponry), military robotics, and military cybersecurity. The stocks in the ETF receive at least 50% of their revenue from those sources. Of note, no stock can have more than a...

Key Points Nvidia is facing more competition in the AI chip market from AMD and Qualcomm. Despite that, the company is still the favorite AI chip provider of most AI software companies. Nvidia's strong financials make unseating it a difficult prospect for its competitors. 10 stocks we like better than Nvidia › When you're talking about the biggest stock market stories of 2025, Nvidia (NASDAQ: NVDA) is a name that keeps coming up. The company has been one of the biggest winners of the artificial intelligence (AI) boom. The company's hardware, its graphics processing units (GPUs), have become synonymous with AI. Many of the most advanced programs run on Nvidia chips -- so many, in fact, that Nvidia has achieved a market share of 85%. 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 » Nvidia is nearly a monopoly on its own with market control like that. But there are competitors emerging, namely Advanced Micro Devices (NASDAQ: AMD) and Qualcomm (NASDAQ: QCOM). AMD holds 7% market share and growing, while Qualcomm has introduced some new chips aimed at lower-end AI users who don't need the computing horsepower Nvidia's chips are packing. So, is Nvidia going to remain the leader of the AI hardware market? Heavy is the head that wears the crown While there are many risks to being on top -- the biggest one being that everyone is gunning for your spot -- I don't think Nvidia is at any risk of being toppled anytime soon. Let's start with the fact that even though AMD is growing its market share, it only grew by 0.8% in the third quarter of 2025 to hit 7%. So it is a rival, but a slow-growing rival. While Qualcomm's chips are sure to be a disruption in the market, one is due to come onto the market this year and the second in 2027. From there, it will take time to truly assess their effect on the AI hardware market. It's also important to note that while ther...

The dollar's decline isn't a reason to panic if you're prepared. As if the bout of inflation over the last few years wasn't painful enough for everyday investors, there are, unfortunately, plenty of good reasons to believe that the U.S. dollar is going to get significantly weaker and weaker from here on out. One data point is that the Congressional Budget Office (CBO) projects large federal government deficits to persist for decades, pushing the national debt toward roughly 150% of gross domestic product (GDP). Paying off the interest on that debt is almost certainly going to require printing more money. If you are uneasy about that backdrop, as I am, it's rational to seek protection for your portfolio. Even though crypto is volatile and unproven as an inflation hedge, there are still a trio of candidates that are likely to be good investments for these upcoming inflationary conditions, so let's take a look at each. 1. Bitcoin Bitcoin (BTC 2.64%) is an asset that provides pure exposure to the concept of scarcity. There can only ever be 21 million Bitcoins, more than 93% of which have already been mined, and only around 1.3 million remain to be created, as issuance falls sharply every 4 years via halvings. This coin is not a fiat currency, and so it cannot be printed such that its value is diluted. Thus, in a world where debt obligations will expand quickly, holding an asset with programmed scarcity is a decent hedge, as its price doesn't require ever-increasing demand to continue rising thanks to its perpetually shrinking supply. Expand CRYPTO : BTC Bitcoin Today's Change ( -2.64 %) $ -2356.89 Current Price $ 86804.00 Key Data Points Market Cap $1.7T Day's Range $ 86187.00 - $ 89306.00 52wk Range $ 74604.47 - $ 126079.89 Volume 35B Just be aware that Bitcoin can drop 70% or more when liquidity conditions are poor. 2. Zcash Zcash (ZEC 9.23%) explicitly mimics Bitcoin's supply design, as it has proof-of-work (PoW) mining, a fixed 21 million token cap on its supply, an...

格隆汇1月26日｜尽管司法部律师在法庭上表示白宫宴会厅建设计划具有灵活性，并需接受联邦审查，但美国总统特朗普周日仍坚称他提议的宴会厅计划已成定局。特朗普在其 Truth Social 平台上发表长文称，该项目实际上无法逆转，因为关键材料已经到位。他写道：“没有切实可行的办法可以回头”，并宣称：“太晚了！”

Hundreds of thousands without power as winter storm hits US 53 minutes ago Share Save Sakshi Venkatraman and Elizabeth Rizzini , Lead Weather Presenter Share Save Watch: Winter storm grips US as millions face power outages and disruption Hundreds of thousands of households in the US have no power as a major storm rolls across the country, which is also leading to flight cancellations and road closures. Snow, ice and freezing rain are creating "life threatening" conditions stretching from Texas to New England that could last for several days, according to the National Weather Service (NWS). At least two people died of hypothermia in Louisiana, with state health officials linking their deaths to the storm, and another death was reported in Texas. As of Sunday afternoon, more than 1 million households had lost power, according to poweroutage.us. Meanwhile, more than 10,000 flights were cancelled, FlightAware reported. Around 180 million Americans - more than half the population - are set to be affected by widespread heavy snow, sleet and freezing rain, which is a dangerous phenomenon where cooled rain droplets freeze instantly on surfaces. "The snow and the ice will be very, very slow to melt and won't be going away anytime soon, and that's going to hinder any recovery efforts," Allison Santorelli, a meteorologist with the National Weather Service, told the BBC's US media partner CBS News. Kentucky Governor Andy Beshear said in a news conference on Sunday that the state was seeing more ice and less snow than was originally predicted. "That is not good news for Kentucky," he said. "What it means is that the roads are that much more dangerous and that the dangerous conditions are going to extend into next week." Weather experts have warned that one of the biggest dangers of the storm is ice, which has the potential to damage trees, down power lines and make roads unsafe. More than 200 car crashes were reported in the state of Virginia as the storm moved into the state, a...

美國執法人員日前在明尼蘇達州開槍擊斃公民普雷蒂，當地法官頒令禁止聯邦政府，銷毀或篡改槍擊案相關證據。國土安全部強調，執法人員性命受威脅才自衛開槍。有傳媒質疑普雷蒂中槍時，沒有攜帶武器。 在明尼亞波利斯市，周日有民眾冒著寒冬在地上擺放鮮花及燃點燭光，悼念前一天被執法人員開槍射殺的37歲白人普雷蒂。有社區組織負責人，將矛頭指向總統特朗普，批評聯邦政府打擊移民做法。 社區組織負責人拉克拉說：「我內心很悲痛，現在情況令人嘔心。特朗普指他們(執法人員)來這兒拘捕罪犯，其實他們自己犯下最多罪行，強行闖入民居、綁架及謀殺。」 在悼念活動現場附近，亦有探員在場。本月7日，移民部門執法人員在當地掃蕩非法移民期間，開槍擊斃婦人古德，當局指她試圖駕車撞向執法人員。 到了過去周六，任職急診室護士的普雷蒂，在示威現場被制服，當局指他持槍走近執法人員，對方出於自衛開槍擊斃他。 不過美聯社指出，從目擊者拍攝片段可見，普雷蒂中槍倒地前，手上似乎沒有武器，警方指他有合法持槍許可證，但沒有提到他中槍前，有否拔出手槍。 普雷蒂是美國公民，出生於伊利諾伊州，法庭指他沒有犯罪記錄，其家人就稱普雷蒂只收過交通罰單，過去沒有接觸執法部門，又稱他即使擁有手槍，但沒有攜帶槍出去，並叮囑他不要介入衝突。 明尼亞波利斯市在不夠三星期，有兩名公民被執法人員射殺，明尼蘇達州刑事偵查局與檢察官辦公室入稟法院，起訴特朗普政府多個部門，並要求徹查普雷蒂遭槍擊。 當地聯邦法官亦頒布臨時限制令，禁止聯邦政府機構，包括國土安全部及移民部門，銷毀、篡改或移走，與槍擊案有關的證據。國土安全部反駁指，有關當局銷毀證據的說法是荒謬，並強調執法人員性命受威脅，才自衛開槍。

Paying the bills never seems to move the needle for one couple, no matter how carefully they budget. Janet, from Boise, Idaho, called "The Ramsey Show," saying that despite trying to plan ahead, she and her husband feel trapped in a cycle where bills come due again almost immediately after they are paid. "It seems like every single month we pay our bills three weeks after the due date, and then a week later they're due again," she told hosts Dave Ramsey and Ken Coleman. The couple earns about $75,000 a year. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here’s how you can earn passive income with just $10, starting today. Income Isn't The Issue When asked for details, Janet said the couple carries about $39,000 in non-mortgage debt. That includes roughly $24,000 in student loans, $5,000 in credit card balances, and between $9,000 and $10,000 tied to an RV travel trailer. "You should have enough with the numbers you gave me," Ramsey said. Janet agreed the figures work on paper but said the outcome has not changed, even though the couple is paid weekly and budgets by paycheck. Writing A Budget Isn't Enough Janet said she had followed Ramsey's "Baby Steps" plan to pay down debt for nearly a year. Her husband joined the process about two months ago. Trending: Americans With a Financial Plan Can 4X Their Wealth — Get Your Personalized Plan from a CFP Pro "If you wrote it down to have enough, then you did something other than what you wrote down," Ramsey said, stressing that both spouses must participate fully and assign every dollar before it arrives, with bills tied to specific weeks so spending decisions are already made. Coleman said progress depends on consistent execution, not planning alone. ‘Go Eat Leftovers' Ramsey said that getting ahead requires choosing control over comfort. Eating out,...

Expense ratios, sector focus, and portfolio makeup set these two growth ETFs apart. Here's what that means for your investment strategy. The Vanguard S&P 500 Growth ETF (VOOG +0.40%) and the iShares Russell 2000 Growth ETF (IWO 1.96%) both target U.S. growth stocks, but they do so through very different lenses. VOOG tracks the large-cap S&P 500 Growth Index, emphasizing established giants, while IWO focuses on smaller, fast-growing companies in the Russell 2000 Growth Index. This comparison highlights where each ETF stands on fees, performance, and risk, helping investors weigh which approach may appeal depending on their goals. Snapshot (cost & size) Metric VOOG IWO Issuer Vanguard iShares Expense ratio 0.07% 0.24% 1-yr return (as of Jan. 25, 2026) 16.16% 15.31% Dividend yield 0.49% 0.56% Beta (5Y monthly) 1.08 1.45 AUM $22 billion $13 billion Both funds offer similar dividend yields, making them roughly equivalent in terms of income potential. However, VOOG is notably more affordable on fees, giving it an edge for cost-conscious investors. Performance & risk comparison Metric VOOG IWO Max drawdown (5 y) -32.74% -42.02% Growth of $1,000 over 5 years $1,880 $1,097 What's inside IWO tracks U.S. small-cap growth, covering 1,098 stocks with a tilt toward healthcare (making up 26% of the portfolio), technology (23%), and industrials (20%). Its largest positions — Bloom Energy, Credo Technology Group, and Kratos Defense & Security Solutions — each make up less than 2% of assets, reflecting a broad, diversified approach. VOOG, by contrast, is concentrated in large-cap U.S. growth stocks. Technology dominates the portfolio, making up close to 50% of assets, followed by communication services and financial services. The fund’s top holdings include Nvidia, Microsoft, and Apple, and they collectively account for over 30% of assets. For more guidance on ETF investing, check out the full guide at this link. What this means for investors Growth ETFs come in all shapes and sizes,...

高市早苗打破日本政治的“玻璃天花板”成为第一位女首相后，日本民众支持修改《皇室法》，让爱子公主成为日本首位女天皇的呼声越来越大。 （路透社） 高市早苗打破日本政治的“玻璃天花板”，成为日本宪政史上首位女性首相。日本的周刊杂志近期纷纷报道，这个历史时刻会否成为一个契机，促使日本重新检视《皇室法》的“皇位只限男性继承”的铁律，为日本迎来第一位女天皇铺路。这个话题目前在日本社会掀起热议。 皇室课题向来是日本周刊杂志最擅长也最热衷的话题。回想当初日本皇后雅子初入皇室时，舆论的焦点几乎全部集中在她能不能诞下皇位继承人。我仍记得，24年前雅子怀孕的消息登上头版新闻，后来她诞下的第一胎是位小公主的消息传出时，更是引发社会和舆论的巨大关注。 时至今日，人们对皇室的关注点已从“皇后能否生儿子”，转向“公主能否继位”。大家都在议论，雅子皇后的独生女爱子公主，是否有机会改写命运，成为日本史上首位女天皇。

Wall Street Brunch: Megacaps And The Fed (undefined:MSFT) Seeking Alpha

Bet_Noire/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify Apple and Microsoft lead a packed earnings week. (0:15) Fed decision looms as Powell faces White House investigation. (1:51) Winter storm grounds thousands of flights. (2:47) The following is an abridged transcript: Those shouts you hear are echoing from the Five Points to Wall Street, where we see who holds sway over the market. The megacap companies, born rightwise with the AI trade, or the Federal Reserve, and its monetary policy? Apple ( AAPL ), Microsoft ( MSFT ) and Meta Platforms ( META ) headline a heavy earnings calendar, alongside results from Tesla ( TSLA ), Boeing ( BA ), Visa ( V ), Mastercard ( MA ), Exxon Mobil ( XOM ) and Chevron ( CVX ). In the old rivalry of DOS vs. Mac, Microsoft’s report will be closely watched for signs of AI-driven Azure growth and margins, while Apple’s numbers should shed light on iPhone demand and its slower-moving AI strategy. SA analyst KM Capital says the technical setup looks favorable , with Microsoft near oversold territory heading into earnings on Wednesday, while AI and cloud investments — backed up by the recent U.S. Air Force contract — continue to underpin growth. Despite tariffs and geopolitical friction with China, Apple is still expected to deliver its largest year-over-year revenue jump in four years when it reports fiscal Q1 2026 results on Thursday. HSBC analyst Nicolas Cote-Cool says Apple’s success is being driven largely by the iPhone 17 series — especially the Pro and Pro Max — as well as continued strength for the iPhone 16 in key emerging markets. Also on the earnings calendar: Tuesday we hear from Boeing ( BA ), UnitedHealth ( UNH ), Texas Instruments ( TXN ), RTX ( RTX ) and General Motors ( GM ). On Wednesday, Microsoft and Meta are joined by Tesla ( TSLA ), IBM ( IBM ) and AT&T ( T ). Thursday brings payments and heavy machinery with Visa ( V ), Mastercard ( MA ) and Caterpillar ( CAT ). And we wrap up on Fri...

Welcome to CFO Briefing, a newsletter dedicated to corporate finance and what leaders need to know. This week, we bring you a dispatch from Davos, a Q&A with Wipro’s Aparna Iyer and a Bloomberg terminal function you might not have known about. The common theme? Artificial intelligence. AI ROI, ASAP Geopolitics took center stage this week at the World Economic Forum in Davos, Switzerland. But off-piste, in the corporate chalets that spring up every year away from the main conference hall, the big discussion was about business spending on artificial intelligence — and when it will start to pay off. A dispatch from Bloomberg technology reporter Mark Bergen helps set the scene: Packed into the crowded AI House, one of the conference’s endless corporate spaces, Rasmus Rothe, from the house’s co-host Merantix, declared 2026 the “year of AI ROI.” Slogans plastered across the Davos promenade guaranteed companies like Cisco and IBM had found the formula for returns on AI investment. There’s a bit of a trickle-down effect unfolding as the architects of AI get pressed to show their own returns on investment in the technology. Consider what Anthropic Chief Executive Officer Dario Amodei had to say about his company’s focus on enterprise customers. “It’s a business that’s more stable than consumer,” he said in an interview with Bloomberg News Editor-in-Chief John Micklethwait. “We can just very directly create value.” If that’s true, it won’t be long before customers of Anthropic and other major AI developers feel the pressure to show the ROI on their own AI spending. A Bloomberg analysis from December showed that during earnings calls, Wall Street analysts ask non-tech companies relatively few questions about AI. But a breakdown of their AI-related questions showed that ROI is a top-three topic of concern. — Heather Landy The interview with Wipro’s Aparna Iyer IT outsourcing giant Wipro released third-quarter earnings that fell short of forecasts, with restructuring charges, fu...