文章提及标的 离岸人民币 -- 离岸人民币兑美元升破6.94，日内涨0.0203%，现报6.9397。

Hardware giant Bunnings has been given the green light to use facial recognition technology on customers in order to prevent crime. The administrative review tribunal this week reversed a 2024 ruling by the Australian privacy commissioner that had found Bunnings breached the privacy of store visitors by scanning and checking their faces. However, the tribunal agreed that Bunnings had not properly notified customers that their faces were being scanned. Bunnings deployed facial recognition in 62 stores in New South Wales and Victoria between January 2019 and November 2021, after a two-month trial in one store in 2018. Hundreds of thousands of people who entered the stores in this time had their faces scanned and checked against facial images of hundreds of people who had been banned from Bunnings stores. If there was no match, the image was deleted. Sign up: AU Breaking News email Bunnings appealed the privacy commissioner’s decision to the administrative review tribunal. In a ruling on Wednesday, the ART found Bunnings was entitled to use facial recognition “for the limited purpose of combatting very significant retail crime and protecting their staff and customers from violence, abuse and intimidation within its stores”. “The [technology used by Bunnings] limited the impact on privacy so as not to be disproportionate when considered against the benefits of providing a safer environment for staff and customers in Bunnings stores,” the tribunal said in its decision. The ART heard from two store managers from Box Hill and Broadmeadows about the extent of violence in their stores. “This kind of threatening or abusive behaviour occurred every two to three days on average and caused team members to be visibly shaken and upset,” the ART said of Box Hill manager Shawn Adam’s evidence. “He was, on a daily basis, extremely concerned for his team members and customers.” Bunnings’ national security manager, Alexander MacDonald, told the ART that in the hundreds of investigation...

Alphabet could achieve that even if it grows at a far slower pace than its historic average. Since its August 2004 initial public offering, Alphabet's (GOOG 2.08%)(GOOGL 1.96%) stock has increased in value by more than 133 times. Its compound annual growth rate has been over 25% during those 21 years, which is as impressive as it gets. I don't foresee Alphabet maintaining that average over the next couple of decades, but even if we knock over 10% off its growth rate and assume that it averages 15% annual returns over the next 21 years, a single $1,000 investment made today could grow to be worth over $18,000 in that time. Here's how much a one-time $1,000 investment would grow into, assuming it maintains a 15% compound annual growth rate. Years Invested Investment Value 10 $4,045 15 $8,137 20 $16,366 21 $18,821 25 $32,918 Past results don't guarantee future performance, so I don't want to give the impression that this is a given for Alphabet. Averaging 15% annual returns for two-plus decades will be hard for any company, especially one that is already valued at over $4 trillion. But I believe that Alphabet has all the tools to be a long-term portfolio staple. If it keeps innovation at its core, it'll be in good shape.

小鵬汽車-W(09868.HK)2026年1月銷量點評：1月銷量2萬輛 X9增程版維持高熱度 富途牛牛

亚洲早盘金价上涨，因在美国与伊朗关系持续紧张的情况下，可能出现了逢低买盘。现货黄金上涨1.1%，至每盎司5，017.30美元。虽然美国和伊朗已达成协议，将于周五在阿曼举行核谈判，但美国仍未排除因伊朗从事核活动而对其进行打击的可能性。Kudotrade的客户关系管理主管Konstantinos Chrysikos在一封电子邮件中表示，在地缘政治风险仍是核心支撑因素的情况下，该贵金属继续吸引逢低买入者。这位主管补充说，中东局势仍然高度敏感。 责任编辑：王永生

纳指收跌1.5%，软件与芯片股双双溃败，AMD暴跌17%；加密货币再大跌；原油期货涨超3%。 习近平同美国总统特朗普通电话。 习近平同俄罗斯总统普京举行视频会晤。 中国央行：着力支持扩大内需、科技创新、中小微企业等重点领域。 就业大幅放缓，美国1月ADP就业人数增长2.2万人，低于预期4.5万人。 美国1月ISM服务业指数创2024年以来新高，就业几乎没扩张，价格指数攀升。 贝森特听证“火星四射”：否认关税导致通胀，重申强美元，问责美联储，被喷当特朗普走狗。 美财政部维持发债规模不变，未来数个季度内不提高中长期债券发行量。 美国恢复原定于6日举行的美伊谈判，此前美伊谈判计划濒临破裂。 纳斯达克拟推“快速纳入”新规，应对SpaceX等大型IPO。 谷歌All in AI：Q4云收入猛增48%，今年支出指引接近翻倍大超预期，盘后巨震。 减肥药销量爆发，礼来Q4营收同比大增43%，净利润增长50%，2026年营收指引800亿至830亿美元。 诺和诺德欧股暴跌18%，CEO坦言：2026年遭遇“前所未有的定价压力”。 马斯克团队考察光伏产业链，A股上市公司密集回应。 报道：中财期货在近期白银价格暴跌前做空，获利超过5亿美元。 提醒：英国和欧洲央行周四将公布利率决议，料按兵不动。

美国财政部长贝森特周三在国会听证会上表示，总统有权对美联储的决策过程施加影响，此番言论再次引发外界对美联储货币政策独立性的担忧。 贝森特当天出席美国众议院金融服务委员会听证会。密苏里州民主党众议员Emanuel Cleaver询问他，是否会建议总统“在言辞和政治层面干预”美联储的决策。贝森特回应称：“这是他的权利……也是在座每个人的权利。”他显然意指国会议员同样有权对央行政策表达立场。 尽管如此，贝森特同时强调，他相信美联储应保持货币政策独立性，这种独立性建立在美国公众信任之上，并应接受问责。他的言论引发外界关注，美联储方面拒绝对此置评。 过去一年，美国总统特朗普持续向美联储施压，要求降低基准利率。特朗普还曾试图解除美联储理事库克的职务，理由是涉嫌抵押贷款欺诈，但库克否认相关指控。目前，美国司法部也在调查美联储主席鲍威尔去年在参议院就美联储总部翻新成本作证时的相关情况。鲍威尔此前表示，刑事指控的威胁正是因为美联储拒绝屈服于政治压力而带来的后果。 多位经济学家警告称，一旦美联储独立性受损，将削弱市场对美国经济与金融体系的信心。 在听证会上，纽约州民主党众议员Ritchie Torres进一步追问总统是否可以因政策分歧罢免美联储主席或理事成员。贝森特对此表示“没有意见”。 贝森特还指出，特朗普政府内部对“单一行政权理论”是否适用于美联储存在不同看法。该理论认为，美国宪法第二条赋予行政部门的权力应完全归总统独享。贝森特称，“我们只能等待最高法院怎么说”，并提到最高法院尚未就特朗普试图解职库克一案作出裁决。 美联储独立性长期被视为美国金融体系基石之一，其制度基础可追溯至1913年的《联邦储备法》。鲍威尔上周表示，他认为美联储并未失去独立性，也不认为未来会失去，并强调该制度设计旨在将货币政策与“直接民选官员的控制”相隔离。 值得注意的是，贝森特过去曾表示总统不会干预美联储独立性，但他周三改口称，美联储在通胀问题上“让美国工薪阶层遭受重创”，从而失去了公众信任，并提及美联储总部翻新项目的“成本超支”。 鲍威尔则强调，美联储坚定履行维护物价稳定的使命，并为高达25亿美元的翻新项目辩护，称近百年历史的建筑需要昂贵的结构性修复，且工程受到独立监察长监督。 此外，贝森特还在听证会上谈及美元问题。美元指数去年累计下跌超过9%。他对伊利诺伊州共和党众议员Bill Foster表示，“我们始...

Getty Images Uber Technologies, Inc. ( UBER ) released its Q4 results , and the market didn't like it very much, with the stock falling about 4%. Since I didn't think it was such a weak earnings report, I added a little more to my position (focused on the long term). It seems to me that the market is still weighing heavily on the potential disruption from Autonomous Vehicles (AVs) and financials that were only slightly below expectations, so the margin of safety remains quite high, and therefore I maintain my Strong Buy rating. Uber’s Q4: Solid Enough I don't think Uber's quarter was that bad, although the highlights may make it seem like there was a big discrepancy. Revenue, for example, beat estimates by $50 million. But EPS missed by $0.09 , which means it was ~10% lower than the market expected. Meanwhile, the outlook for Q1 was EPS between $0.65 and $0.72, and since the market estimated something closer to $0.75, this was also seen as quite negative. In summary, the top line is doing well, but something on the bottom line did not happen as the market expected. Since it is not possible to access the models of the big banks that estimated Uber's financials, it is difficult to know exactly where the “disappointment” lies. But my guess is that they were overestimating the margin. With operational leverage, I, and I believe most analysts, believe that Uber will be able to increase its margin, but particularly, I expect this to happen in a few years and not in quarters. And in this Q4, Uber managed to deliver a consolidated EBITDA margin of 4.6%, which is not exceptional, but it is better than the other margins of ~4.4% - 4.5% that it delivered throughout 2025. But breaking down the segments, it becomes clear why the margin did not advance further. Incredibly, freight finally achieved an adjusted margin of 0%, so it is no longer contributing negatively to the result (although it is also not growing). Delivery is also doing well, maintaining an EBITDA margin of 4%, wh...

2026 年初的资本市场，显得有些拥挤。 如果你最近盯着科创板和港股的公告看，会发现一个很有趣的现象，中国的芯片公司正在排队敲钟。摩尔线程正式挂牌，燧原科技紧随其后，甚至连大厂内部孵化多年的阿里平头哥、 百度昆仑芯 ，也纷纷传出了分拆独立上市的消息。 这种场面，像极了当年互联网最狂热的时候。 但是，如果你仔细观察这些公司的故事，会发现一个尤其荒诞的现象。在面对投资人时，每一家都恨不得把“中国英伟达”的字样写到PPT上，但在实际的业务闭门会上，他们却在拼命撕掉这个标签，走上一条和英伟达完全相反的路。 这就是 2026 年中国芯片界最大的公开秘密，没人想做“中国英伟达”，但在上市之前，人人都得穿上这件衣服。 这是一场关于IPO估值的精巧表演，也是一场关于生存的战略撤退。 这波芯片上市潮背后的真实算盘，到底是什么？ 1、人人都想穿上英伟达的马甲 为什么这些明明走着不同路径的公司，在宣传时非要挂着英伟达这三个字。 原因非常简单：为了拉高估值。 在资本市场的估值逻辑里，英伟达是神。它的毛利、市场占有率和 CUDA 生态带来的高护城河，让它拥有了接近 40 倍甚至更高的市盈率。 对于一个中国芯片创业公司来说，如果你介绍自己是一家垂直领域专用加速器，投资人可能只会给你几亿美金的估值，但如果你说你是“中国英伟达”，这个数字后面可能就能直接加个零。 这种包装已经成了行业内一种心照不宣的伎俩，原因有几点： 调动市场情绪： 英伟达三个字自带流量。对于很多二级市场的散户甚至部分机构投资者来说，他们未必懂什么是异构计算，但他们懂英伟达股票翻了多少倍。只要把这个关联建立起来，就意味着拿到了某种暴涨入场券。 掩盖落后的生态： 复刻一个 CUDA（英伟达的软件生态）几乎是不可能的，但”中国英伟达”这个名头可以掩盖这种缺失。它给市场制造了一种幻觉，只要硬件性能跑分接近，这家公司maybe就是下一个霸主。 这种刻意调动市场情绪的行为，本质上是在用英伟达的光环给中国芯片公司的融资路修桥铺路。大家心里都清楚，这只是一张临时的入场券，等敲完钟，融完资，马甲也就该脱掉了。 2、CUDA，那道无法逾越的“叹息之墙” 首先我们得承认一个事实， 这世界上只有一家英伟达，因为这世界上只有一套 CUDA。 很多人觉得英伟达牛，是因为它的硬件性能好。但如果你去问那些整天调模型的工程师，他们会告诉你，英伟达最可怕的不是那块...

据媒体援引一位熟悉内情的人士的话报道， 波音 公司正在从其国防部门裁减约300个供应链岗位，并将于本周通知受影响的员工。 责任编辑：王永生

随着马年春晚的脚步愈发临近，AI行业掀起的“红包大战”愈演愈烈。 2月2日，阿里旗下千问高调官宣，其将豪掷30亿元启动“春节请客计划”。 而千问这一金额也将一举超越腾讯元宝、百度文心助手等同行，成为目前马年春节AI“红包大战”的“烧钱王”。 据悉，千问这场规模高达30亿级别的“春节请客计划”，并非单纯的现金补贴，而是千问联动阿里旗下全生态的战略布局，淘宝、闪购、飞猪、大麦、高德、盒马等核心业务悉数参战。 相较于同行——腾讯元宝侧重社交裂变、百度文心助手主打娱乐互动、字节豆包聚焦春晚联动，千问则走出了一条不一样的营销之路，将生态协同作为核心抓手，打造“AI+实体”服务闭环。 有分析认为，阿里千问烧钱换流量的打法，是其在AI C端市场与字节、腾讯、百度等互联网巨头围绕用户心智占领和流量入口地位展开的一场激烈角逐。 不过，阿里千问此番强势入局AI“红包大战”的背后，仍面临诸多挑战。 比如，其在C端布局方面稍显滞后，月活不及豆包等对手；而其主打的全生态服务闭环仍有待进一步完善，目前部分功能需跳转至相应App才能完成具体操作。 千问携30亿入场，AI“红包大战”愈演愈烈 2月2日，阿里旗下千问App正式宣布投入30亿元启动“春节请客计划”，该计划将于2月6日正式上线，核心围绕春节期间用户吃喝玩乐的各类高频场景展开，并推出免单、大额现金红包等优惠活动。 有互联网人士透露，千问此次30亿元的“春节请客计划”是阿里巴巴春节活动史上投入力度最大的一次，其投入规模在今年互联网行业的“春节AI竞赛”中也是截至目前最高的。 不过，目前，千问暂未对外披露具体的活动规则及细节。从宣传海报来看，千问此次发起的“春节请客计划”并非单一的补贴活动，而是与阿里生态下多个业务深度绑定的场景化服务拓展。 据悉，此次“春节请客计划”，千问将联动阿里旗下淘宝、闪购、飞猪、大麦、高德、盒马等众多应用共同参与。 而在其他产品仍以线上聊天为主时，千问借助春节这一线下消费高峰，以“会办事”的定位切入用户真实生活，推动AI从对话工具转向生活助理，并结合免单活动进行推广。 前述互联网人士表示，这背后体现的是阿里在AI技术能力与商业落地体系上的融合，其依托数字服务生态与供应链基础设施，构建出“AI+实体”的一体化链路。 事实上，这条赛道恰恰是阿里所独有的显著优势所在。阿里生态体系内汇聚了淘宝、支付宝、闪购、盒马、飞猪、高德...

格隆汇2月5日｜美联储理事库克：预计今年经济增速将略高于2%。

Image source: The Motley Fool. Feb. 4, 2026, 4:30 p.m. ET Call participants President and Chief Executive Officer — Chris Hillebrandt Chief Financial Officer — Sunit Patel Vice President, Investor Relations — Kris Hinson Takeaways Organic growth -- Achieved 4.9% organic growth in 2025, excluding Sprint churn, driven by ongoing 5G network augmentation by customers. -- Achieved 4.9% organic growth in 2025, excluding Sprint churn, driven by ongoing 5G network augmentation by customers. Site rental revenues -- Ended 2025 near the high end of guidance for site rental revenues, supported by organic growth and customer demand. -- Ended 2025 near the high end of guidance for site rental revenues, supported by organic growth and customer demand. Adjusted EBITDA and FFO -- Exceeded the high end of 2025 guidance range for both adjusted EBITDA and FFO due to higher service contribution, efficiency initiatives, and lower interest expense. -- Exceeded the high end of 2025 guidance range for both adjusted EBITDA and FFO due to higher service contribution, efficiency initiatives, and lower interest expense. 2026 guidance -- Projects 2026 site rental revenues of $3.9 billion, adjusted EBITDA of $2.7 billion, and AFFO of $1.9 billion at the midpoint, which excludes any contribution from DISH. -- Projects 2026 site rental revenues of $3.9 billion, adjusted EBITDA of $2.7 billion, and AFFO of $1.9 billion at the midpoint, which excludes any contribution from DISH. DISH contract termination -- Terminated DISH agreement in January 2026, seeking to recover over $3.5 billion in remaining payments and resulting in $220 million of churn in full-year 2026. -- Terminated DISH agreement in January 2026, seeking to recover over $3.5 billion in remaining payments and resulting in $220 million of churn in full-year 2026. Workforce reduction -- Announced a 20% reduction in tower and corporate workforce, targeting approximately 1,250 full-time employees, with $65 million in annualized run rate opera...

據報效力NBA獨行俠的安東尼戴維斯轉投巫師。 據外媒報道，交易包括八名球員，以及五個選秀權。32歲的安東尼戴維斯與哈迪、羅素及艾森四人離開獨行俠；巫師交出米度頓、巴格利等四人，另加兩個首輪選秀權，以及三個次輪選秀權。 安東尼戴維斯是2012年NBA選秀狀元，生涯10度入選全明星賽。去年2月被湖人交易至獨行俠，當時為湖人換取當錫。

英格蘭聯賽盃四強次回合，曼城主場3-1擊敗衛冕的紐卡素，以總比數5-1，晉級決賽對阿仙奴。 藍衫曼城帶著兩球優勢回主場，7分鐘將比數進一步拉開。馬莫殊左路快放，入禁區被賀爾鏟跌都撞入，領先1-0。今次門將由當拿隆馬換上查福特，出迎夠快，封走韋洛克空門機會。 曼城之後繼續攻，雷恩達斯窄位勁射，被蘭斯達爾拍到。施美安橫傳，尼高奧萊利來遲一步。紐卡素力追，但都是過不到查福特，包括安東尼哥頓這次機會。 壓上進攻，被曼城找到反擊機會，施美安傳中，解圍鏟高，馬莫殊加一頭頂入，29分鐘拉開到2-0。 曼城全場19次攻門，9次中目標。3分鐘後，再有反擊，雷恩達斯傳給施美安，右路扣大位，守衛篤走變成助攻，雷恩達斯後上射入，曼城贏到3-0。 紐卡素完半場前作出四個調動，其中一位入替的艾蘭加，換邊後一人之力，由右邊路帶入禁區，射遠柱入，62分鐘追近到1-3。6分鐘後，另一後備兵哈維班尼斯都射入，不過助攻的韋沙越位在先，入球無效。 下半場紐卡素攻勢增多，但把握力一般，艾蘭加送入中路，韋沙近門錯失機會。曼城的夏蘭特71分鐘入替，尾段有機會入球，但被蘭斯達爾撲走。另一次機會，結果一樣，曼城維持贏3-1，以總比數5-1，繼2021年再入決賽，將與阿仙奴爭冠。

Massimo Giachetti/iStock Editorial via Getty Images V.F. Corp. ( VFC ) sells branded apparel, footwear, and accessories globally. Its most well-known brands are The North Face, Timberland, and Vans, to name a few. I started covering the firm back in July 2022, with an initial neutral rating , which I later downgraded to a sell, and I've kept that rating ever since. The reasons for the downgrade were deteriorating profitability metrics, unattractive valuation, and concerns about the dividend safety. Analysis history (Author) The aim of this article today is to assess whether the previously established bearish view is still valid or not, especially after the stock's strong price performance in the second half of 2025. For my discussion today, I will be relying on the firm's latest earnings report , on macroeconomic indicators - e.g., consumer confidence—and on a set of traditional price multiples to comment on the valuation. Quarterly Earnings For the sake of comparability and representativeness, I will be looking at VFC's results excluding Dickies. So let us start the discussion by looking at the firm's revenue figures. Sales VFC's revenues grew by 4% compared to the prior year. This quarter was one of only three quarters in the past nine quarters that achieved a positive revenue growth, so these results are something to be optimistic about. It is also important to note that the growth was achieved without negatively impacting the firm's profitability. In fact, the company's gross margin expanded by as much as 10 bps, while its SG&A expenses as a percentage of revenue decreased by 20 bps. These led to an operating margin improvement of 30 bps year-over-year. Results (V.F. Corp) These figures also turned out to be better than what the company guided for earlier. Their guidance for revenue was negative 1% to 3% for revenue growth, which was outperformed due to the stronger-than-expected holiday season, mainly driven by strength in The North Face and Timberland brands, ...

AustralianSuper , the country’s largest pension fund, is hunting private equity deals in Asia to boost its growing portfolio of unlisted assets, according to Chief Executive Officer Paul Schroder . The A$410 billion ($287 billion) fund has yet to unveil a precise allocation target, but intends to deploy significant sums across the region in an effort to expand its private markets holdings, which stood at A$85 billion as of 30 June last year. Listen and follow The Bloomberg Australia Podcast on Apple , Spotify , YouTube or wherever you get your podcasts. “We are diversifying and thinking about Asia, especially through the PE lens,” Schroder said in an interview Thursday with Bloomberg Television in Melbourne. “We’re just at the beginning of our plan to expand our PE exposures in Asia.” The pivot to Asia would place the region as a key area of growth for the fund’s private equity allocation, which currently represents around 4% of its overall portfolio, but may increase to 10% as the fund grows, Schroder said. Plans to beef up its private markets exposure in the region follow a run of new deals with external fund managers in the US and Europe. Last year, Mark Delaney , the fund’s outgoing chief investment officer, told Bloomberg it was finalizing four new commitments with external private equity fund managers. The pension fund currently has 5.1% of its balanced portfolio invested in private equity. Schroder said AustralianSuper’s Asia PE strategy was to look for opportunities to “co-underwrite, co-invest with deep partners.” “I don’t want to foreshadow exactly what we’ll be doing and where, but I think it’s more likely that those opportunities will exist in those strong, more developed nation economies where we’ve already got existing connections,” Schroder said. AustralianSuper’s expected boost to private equity also comes amid a recent run of underperformance. AustralianSuper’s default option gained 9.5% for the year through June, 2025, lagging the industry average ...

(RTTNews) - The Malaysia stock market has moved lower in consecutive trading days, slipping more than 7 points or 0.4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau and it's likely to open under water again on Friday. The global forecast for the Asian markets is negative, with retail and technology stocks likely to fall under pressure. The European and U.S. markets were down and the Asian bourses figure to follow that lead. The KLCI finished slightly lower on Thursday as losses from the plantations and telecoms were mitigated by gains from the financials. For the day, the index slipped 3.21 points or 0.20 percent to finish at 1,577.67 after trading between 1,572.51 and 1,581.49. Among the actives, 99 Speed Mart Retail soared 2.96 percent, while Axiata tumbled 1.43 percent, Celcomdigi slumped 0.88 percent, CIMB Group collected 0.72 percent, Gamuda rallied 2.00 percent, Kuala Lumpur Kepong and Nestle Malaysia both fell 0.29 percent, Maxis tanked 2.56 percent, Maybank and PPB Group both shed 0.57 percent, MISC jumped 1.81 percent, MRDIY surged 3.57 percent, Petronas Chemicals plummeted 4.88 percent, Petronas Dagangan plunged 3.22 percent, Petronas Gas slid 0.23 percent, Press Metal spiked 2.16 percent, Public Bank declined 1.10 percent, QL Resources advanced 0.87 percent, RHB Bank dropped 0.75 percent, SD Guthrie sank 0.62 percent, Sunway rose 0.22 percent, Telekom Malaysia retreated 1.30 percent, Tenaga Nasional lost 0.43 percent, YTL Corporation climbed 1.50 percent and YTL Power, IHH Healthcare, IOI Corporation, Sime Darby and Hong Leong Financial were unchanged. The lead from Wall Street is weak as the major averages opened lower on Thursday and remained in the red throughout the session. The Dow plummeted 450,94 points or 1.01 percent to finish at 44,176.65, while the NASDAQ stumbled 93.89 points or 0.47 percent to close at 19,962.36 and the S&P 500 sank 26.63 points or 0.43 percent to end at 6,117.52. The early...

A documentary about First Lady Melania Trump surpassed most estimates for its opening box office revenue. Here's a look at what may have helped the film's success, why the film can't be called a success story for Amazon.com Inc (NASDAQ:AMZN) yet, and the early international box office figures being turned in. “Melania” Box Office Performance ‘Melania' grossed an estimated $7 million in its opening weekend, which beat expectations that were in the $2 to $5 million range. The film also posted one of the best opening weekends for a documentary in decades. The film was helped by several items that may not have been factored enough into estimates. ‘Melania' performed well in Republican states and rural small-town areas, as reported by Deadline. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share. Also helping the film was a mostly female audience, with some groups attending the film together. Women made up 72% of the audience, with people aged 55 or older also representing a large percentage of the film's audience. Overall, it was older women in small towns that helped propel the film's box office. The film outperformed in states like Texas and Florida, where President Donald Trump has performed well in elections. Big cities such as New York and Los Angeles saw the film underperform. Amazon spent $35 million on the marketing efforts of the film, which included buying ads on social media platform X, putting an ad on the outside of the iconic Las Vegas Sphere venue and buying prime advertising slots during NFL Playoff games before the film's release. Also likely helping the film's marketing was tweets made by Trump multiple times before the film's Friday premiere and X owner Elon Musk retweeting a post about the film. Trump and Musk are two of the most followed accounts on X ...

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美联储理事库克：在看到更有力的证据表明通胀正向2%迈进之前，我的重点将放在使通胀降至2%水平。 目前风险更偏向于通胀走高的一侧。 恢复去通胀（disinflationary）路径并在近期内实现通胀目标至关重要。 我对通胀路径持乐观态度，但同时也保持谨慎和警惕。 美国通胀已顽固地停留在2%目标上方。 相信劳动力市场将继续受到去年美联储降息举措的支持。 劳动力市场已趋于稳定且大致处于平衡状态，但我高度关注其发生快速转变的可能性。 担心AI投资成本与生产率提升之间可能存在时间上的错配。 美国经济表现稳健，但有迹象显示中低收入家庭的前景正在恶化。 预计关税影响消退后，去通胀进程可能会恢复，但其中存在“巨大的不确定性”。 疲软的消费者信心并未释放出可以通过美联储利率政策来解决的“经济松弛加剧”信号。 预计今年美国经济增速将略高于2%。 美联储能做的最好的事情就是确保通胀回归并维持在目标水平。

Cathy Zhang, head of Asia-Pacific equity capital markets at Morgan Stanley, sounded hoarse after a day of back-to-back meetings with companies keen to go public in Hong Kong. “It’s very possible that the value and number may exceed last year’s IPO figures, given the momentum we have seen in January,” Zhang said in an interview on January 30. Nearly 100 companies filed for stock offerings in the city last month, more than triple the same period in 2025, a year which saw Hong Kong crowned as the world’s top IPO venue. While that title was earned with 114 listings that raised US$37.2 billion over the whole year, more than 450 companies are already in the pipeline for 2026. Advertisement “This year definitely has a stronger start. … [It] is the busiest ever when I compare it to the last 20 years in Hong Kong,” Zhang said. “The pipeline will be more diversified across different sectors compared with last year. Tech, healthcare and industrials are expected to be the three most active sectors.” Many artificial intelligence and robotics companies were also coming to the market, including humanoid and traditional industrial robot makers, alongside firms in industrial automation and players in clean and new energy, according to Zhang. Advertisement

damedeeso/iStock via Getty Images Software stocks have been battered, beaten, and bruised over the last few months. While the tech sector at large has not had a good time YTD, it has re-rated lower. This provides buying opportunities for investors willing to buy into the pain and potentially scoop up good deals. Bloomberg I'm on record saying that this move, and others in high-beta sectors, is temporary and not some grand realignment of factor performance; see my article from a few weeks ago, " It's Not a Great Rotation. " Instead, I think that this is an overdue correction, and the fact that it's overdue by a few years makes it all the more violent. You have to zoom out to the whole bull market that started a decade ago to really get more perspective on this sell-off. Data by YCharts The velocity of the sell-off is still pretty startling, even if it's a correction for years of outperformance; the dive is similar to past market crashes. The culprit is Anthropic ( ANTHRO ) and their latest update for their agentic coding tools . They added support for legal tasks, a big step in tackling regulatory hurdles for AI firms. I smell opportunity. Software Ate the World, Then AI Ate Software The narrative behind the meltdown is fairly simple: the market believed that software stocks could really grow forever. An extremely low marginal cost to sales (the cost of selling one more copy of Windows is negligible compared to the cost of making Windows), the ability to access the global market with ease due to the Internet (the barrier is the speed of light), and profit margins that could infinitely expand—to their credit, tech stocks at large have been great centers of profit-making over the last 45 years. Topdown Charts The rise of the subscription economy and software-as-a-service enterprises ("SaaS") gave way to a dominant sector that is now being unraveled by upstart AI companies, at least according to the ongoing market narrative . I never give full credence to what I hear ou...

India’s billionaire-tycoons are under fire, from Gautam Adani ’s US indictment for bribery to Mukesh Ambani ’s purchase of Russian oil cargoes that drew scathing criticism from Washington. Yet the titan facing the most number of business challenges isn’t really a billionaire: Tata Sons Private Ltd. Chairman Natarajan Chandrasekaran , the only non-founder, non-heir at the helm of a major Indian conglomerate. After a terrible year that included Air India’s deadly plane crash and a Jaguar Land Rover cyberattack so bad it dented the UK’s GDP, Chandra, as he is known, is under pressure to lift the fortunes of India’s oldest business house. His success will determine the appetite for professional management in a society still devoted to dynasties. Outsiders are vulnerable in India's cliquey industries: Vishal Sikka — the first professional CEO at Infosys Ltd. — resigned in 2017 after public criticism from founders despite delivering strong business growth. Chandra is working on multiple high-stakes bets before his second term expires in 2027. For now, Chandra has the advantage of support from the Tata Trusts — the powerful collective of 13 charities that indirectly controls the group and spent much of last year distracted by infighting after the death of patriarch Ratan Tata in 2024. While Noel Tata — Ratan’s half-brother who now heads the Trusts — is still settling into his new role, the trustees are backing 62-year-old Chandra to chart the conglomerate’s next chapter, people familiar with the matter say. Nonetheless, the clock is ticking for Chandra to show progress on multiple priorities this year: bringing Air India into the black after last year’s crash, stabilizing its car business including crown jewel JLR, finding a new direction for cash-cow unit Tata Consultancy Services Ltd. as AI roils the consultancy sector, and delivering on perhaps his highest-stakes bet -- India’s first homegrown semiconductor chips. “This outsider status amplifies power struggles in subtl...

Females may be just as likely to be autistic as males but boys are up to four times more likely to be diagnosed in childhood, according to a large-scale study. Research led by the Karolinska Institutet in Sweden scrutinised the diagnosis rates of autism for people born in Sweden between 1985 and 2020. Of the 2.7 million people tracked, 2.8% were diagnosed with autism between the ages of two and 37. They found that by the age of 20, diagnosis rates of men and women were almost equal, challenging previous assumptions that autism is more common among males. “Our findings suggest that the gender difference in autism prevalence is much lower than previously thought, due to women and girls being underdiagnosed or diagnosed late,” said the lead author, Dr Caroline Fyfe. The research calculated that in childhood, boys were diagnosed on average nearly three years earlier than girls – the median age at diagnosis was 15.9 for girls, but 13.1 for boys. Overall, boys were three to four times more likely than girls to be diagnosed with autism under the age of 10, although girls were found to “catch up” by the time they were 20, owing to a rapid increase in autism diagnosis during adolescence. “These observations highlight the need to investigate why female individuals receive diagnoses later than male individuals,” the authors conclude. The study, published in the BMJ, also found that while gender disparities in diagnosis rates remained pretty consistent over the last three decades for children under 10, they decreased rapidly for all other age groups. “Findings indicate that the male to female ratio for autism spectrum disorder has decreased over time and with increasing age at diagnosis,” the authors observe. “This male to female ratio may therefore be substantially lower than previously thought, to the extent that, in Sweden, it may no longer be distinguishable by adulthood.” Patient and patient advocate Anne Cary, writing in a linked editorial, said the research supported arg...