Gary Yeowell/DigitalVision via Getty Images The opening ceremonies of the 2026 Winter Olympics in Milan–Cortina are scheduled for 2:00 p.m. Friday Eastern time in the U.S. For investors, the Olympics will be a high-profile event for broadcasters, streaming platforms, advertising, sports apparel, beverages, and some Italian companies. The Milano–Cortina Olympics runs from February 6–22, 2026, with NBC holding exclusive U.S. rights. The NBCUniversal property ( CMCSA ) will distribute coverage across NBC, Peacock, USA, and CNBC while pairing the Games with Super Bowl LX coverage, giving it one of the largest single-event ad platforms ever for a single weekend. Notably, Olympic ad inventory was sold out early, and Peacock viewership has already moved higher in the lead-up to the competition. In Europe, Warner Bros. Discovery ( WBD ) can leverage Eurosport and Discovery+ under a long-term IOC deal alongside free-to-air exposure from EBU members such as the BBC. On the sponsorship side, long-standing Olympic partners like Procter & Gamble ( PG ), Anheuser-Busch InBev ( BUD ), Nike ( NKE ), and Alibaba ( BABA ) will have global brand exposure for their tailored campaigns. Milano–Cortina also features a deep roster of Italian corporate sponsors, including Enel, Eni, Intesa Sanpaolo, Poste Italiane, Leonardo, Stellantis ( STLA ), TIM, EA7 Emporio Armani, Pirelli, ITA Airways, Technogym, and Esselunga. Analysts expect a modest tailwind for the local hospitality industry that extends beyond the Olympics. In apparel and fashion, Ralph Lauren ( RL ) outfits Team USA, Lululemon ( LULU ) outfits Team Canada, and EA7 Emporio Armani will support the Italian delegations. Notably, Columbia Sportswear ( COLM ) will supply USA Curling uniforms and sell replica versions to fans, while Amer Sports' ( AS ) Salomon is set to provide extensive volunteer gear. Kim Kardashian's Skims ( SKIMS ) will also be in the spotlight with a fashion collaboration tied to the Olympics. Sports betting opera...

文章提及标的 扬帆新材 -- 减持计划 -- 扬帆新材（300637）公告，宁波新帆2025.11.5-2026.2.4集中竞价减持234.67万股，均价12.55元，占0.9997%；陶明、刘辉、朱俊飞、上官云明2025.11.21-2026.2.6合计减持63700股，均价区间11.72-12.71元，合计占0.0271%。减持计划（883921）已全部完成，上述董事及高管减持提前结束。

格隆汇2月6日｜沪硅产业：国家集成电路产业投资基金拟减持不超过3%。

沪硅产业（688126）公告，国家集成电路（885756）产业投资基金股份有限公司持有公司5.12亿股，占15.49%；计划自本公告披露起15个交易日后的3个月内，通过大宗交易或集中竞价方式减持不超过9915.07万股，不超过公司总股本3%，减持期为2026年3月10日-2026年6月9日，减持价格根据市场价格确定。此前，该股东于2026/1/7～2026/1/19已减持5494.35万股，占1.66%，减持价格区间22.55-23.54元/股。

US small- and mid-cap stocks are the best bets ahead of midterm elections as technology heavyweights lose their appeal, according to strategists at Bank of America Corp. The team led by Michael Hartnett said that President Donald Trump ’s “aggressive intervention” to reduce the price of energy, health care, credit, housing and electricity is weighing on sectors including energy giants, drugmakers, banks and big tech. That makes smaller stocks the main beneficiary from a “boom” in the run-up to US midterms. “We are long Main Street, short Wall Street until Trump approval rating up on policy pivot to address affordability,” they wrote in a note. Investors have recently driven a rotation out of tech stocks amid concerns around a disruption from artificial intelligence. Instead, they’re on the lookout for trades that stand to benefit from efforts by the Trump administration to lower the cost of living. A broad category of firms sensitive to improving growth prospects has also outperformed. READ: Midterm Stock Trading Themes Emerge, Led by Fintech, Builders The Nasdaq 100 posted its biggest three-day drop since April this week, falling 4.6%. Separately, the S&P 500 has trailed its equal-weighted equivalent by 4.2 percentage points since the start of the year. According to BofA, the flip from asset-light to asset-heavy business models suggests there is a “major threat” to the market leadership of the so-called Magnificent Seven technology stocks. They note that AI capex spending from the biggest technology stocks is estimated at about $670 billion, or 96% of cash flows, this year. That compares with just 40% in 2023. “No longer the best balance sheets, no longer the biggest stock buybacks,” they said. Hartnett’s preference for international equities since late 2024 proved prescient as the US underperformed global peers.

Last week, filmmaker Darren Aronofsky's AI studio Primordial Soup and Time magazine released the first two episodes of On This Day... 1776 . The year-long series of short-form videos features short vignettes describing what happened on that day of the American Revolution 250 years ago, but it does so using “a variety of AI tools” to produce photorealistic scenes containing avatars of historical figures like George Washington, Thomas Paine, and Benjamin Franklin. In announcing the series, Time Studios President Ben Bitonti said the project provides "a glimpse at what thoughtful, creative, artist-led use of AI can look like—not replacing craft but expanding what’s possible and allowing storytellers to go places they simply couldn’t before." The trailer for "On This Day... 1776." Outside critics were decidedly less excited about the effort. The AV Club took the introductory episodes to task for "repetitive camera movements [and] waxen characters" that make for "an ugly look at American history." CNET said that this "AI slop is ruining American history," calling the videos a "hellish broth of machine-driven AI slop and bad human choices." The Guardian lamented that the "once-lauded director of Black Swan and The Wrestler has drowned himself in AI slop," calling the series "embarrassing," "terrible," and "ugly as sin." I could go on. Read full article Comments

Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi . If you didn’t receive this directly in your inbox, you can subscribe here , and share feedback with us here . Want more? Sign up for Markets Daily India, a subscriber-only newsletter featuring key insights before the trading day starts. Today, I look at where Indian equities sit in the global picture, and my colleague Siddhi Nayak analyses the reasons for the central bank’s interest rate cuts not reaching the retail borrower. Capital Competition What a week it’s been. Breathless. It started with a more-of-the-same federal budget, and has ended with a wait-and-see monetary policy announcement (yup, ICYMI, the benchmark rate remains unchanged and bonds have sold off ). In between, there was a day of euphoria over the news of an India-US trade agreement, and a day of despair over the SaaSpocalypse that sparked a software sell-off. “India has a decent growth outlook,” said Sanjay Mookim, head of India equities at JP Morgan, in an interview this morning to Bloomberg Television’s Haslinda Amin and me. “The challenge we are facing is we are competing for attention with far more exciting opportunities .” Key takeaways from the discussion with Mookim: * India is trading at much better relative valuations; the index is looking fairly valued * It will be difficult for India to attract foreign flows at the moment * The US trade deal does not change near-term GDP or earnings outlook but makes transmission of lower interest rates easier for the central bank * India’s trade deals will have a material impact on the earnings of small- and mid-cap companies * Business momentum is improving in the financial and consumer sectors Watch the interview here . Best of Bloomberg Across India New Delhi will lower duties on American products from mid-March, after a formal agreement is signed Listen : The India-US trade deal dec...

LONDON, Feb. 06, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, reported fourth quarter and full-year 2025 financial results today through an earnings release posted on the company’s Investor Relations website at http://investors.nvent.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and is available here. The company will also hold a conference call with analysts and investors at 9:00 a.m. ET. Conference Call and Webcast Details The call can be accessed via webcast at http://investors.nvent.com or by dialing 1-833-630-1071 or 1-412-317-1832. Once available, a replay of the conference call will be accessible through February 20, 2026, by dialing 1-855-669-9658 or 1-412-317-0088, along with the access code 1131007. About nVent nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com. nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates. Investor Contact Tony Riter Vice President, Investor Relations nVent 763.204.7750 tony.riter@nVent.com Media Contact Kevin H. King V...

primeimages/iStock via Getty Images By Mike Larson I didn’t invent the term “SaaS-pocalypse” - but it suits the market vibe to a “T.” Software stocks in particular, and tech stocks in general, are getting hammered. So, is there anything that can turn the tide? Before I answer that, take a look at my MoneyShow Chart of the Day below. It shows the year-to-date performance of the iShares Expanded Tech-Software Sector ETF ( IGV ), the State Street Technology Select Sector SPDR ETF ( XLK ), and the State Street SPDR S&P 500 ETF ( SPY ). The short version? Software is radically underperforming the tech sector... and the tech sector is modestly underperforming the S&P 500. In 2026, Software < Tech < S&P 500 (Data by YCharts) That brings me back to the SaaS-pocalypse . The term refers to “Software as a Service” companies, which sell enterprise software that’s periodically updated remotely to large corporations and smaller businesses. It has historically been very profitable. But we’re seeing rapid advances in Artificial Intelligence (AI) tech and tools. That could allow companies to do more work on their own - cutting out SaaS middlemen. It’s just the latest worry for the tech sector, too. Investors were already antsy over the enormous AI spending bills the hyperscalers are racking up. In fact, Alphabet Inc. ( GOOGL ) just said it plans a whopping $185 billion in capital expenditures this year. That’s double the amount it spent in 2025 and far above the $119.5 billion analysts expected. So, again, is there anything that can turn the tide? I shared some thoughts in my MoneyShow Video Market Minute yesterday. But for traders, it comes down to: (a) Is sentiment getting too bearish? (b) Is downside momentum getting exhausted? and (c) Are valuations getting cheap enough to attract a new base of buyers? For my money, I think we’re close to satisfying that checklist. Or in plain English, panic-selling now doesn’t look like a smart move... SaaS-pocalypse or not! Editor's Note: The ...

Spain's Far-Left Government Threatens To "Limit And Likely Ban" X Authored by Steve Watson via Modernity.news, Spain’s Minister of Youth and Children, Sira Rego, has declared that the far-left government under Prime Minister Pedro Sánchez intends to “limit and likely ban” the use of X across the entire country, marking yet another assault on free speech by European regimes desperate to control narratives. This revelation, captured in a video statement by Rego, underscores a broader pattern of censorship under the guise of protecting minors, even as platforms like Snapchat remain untouched despite their documented role in child grooming scandals. In the clip, Rego states: “La ministra Sira Rego afirma que el siguiente paso del Gobierno será “limitar y seguramente prohibir” el uso de X a todos los españoles.” Translated, this means the minister affirms that the next step of the Government will be to “limit and surely prohibit” the use of X to all Spaniards. ?? Spain’s Minister of Youth and Children, Sira Rego, says the next step of far-left PM Pedro Sánchez’s government will be to “limit and likely ban” the use of ? in Spain. https://t.co/C4ySdagrMp pic.twitter.com/NXzkSvO5ja — Visegrád 24 (@visegrad24) February 5, 2026 While the statement appears sweeping, recent reports clarify that Spain is pushing for a nationwide ban on social media access for those under 16, requiring platforms to enforce strict age verification. Prime Minister Sánchez emphasized that platforms must implement “effective age verification systems—not just checkboxes, but real barriers that work.” TYRANT: Elon Musk fires back at Spanish PM Pedro Sánchez after he announces plans to criminally prosecute tech executives and ban social media for children under 16. https://t.co/6nuyRg4AZl — Fox News (@FoxNews) February 4, 2026 This move aligns with similar initiatives in other European nations, but the focus on X raises questions about selective targeting, especially given Elon Musk’s vocal opposition t...

Small-cap stocks have struggled to beat large caps for most of this decade. Their time to shine may be drawing near. Small-cap outperformance in recent years has been a rare thing. The Russell 2000 index has only beaten the S&P 500 (^GSPC 1.23%) once since 2017. That was in 2020 and it only outperformed by about 1.5 percentage points. Now may be the time to start thinking about small caps differently and consider them for some of the best exchange-traded funds (ETFs) to buy. The past three years have been all about dominance from U.S. mega-cap growth and tech stocks. The leadership has been so strong that almost every other sector has lagged behind the S&P 500 during that time. A lot of people think the artificial intelligence (AI) boom will keep the streak going. History says it probably won't. Five straight years of small caps lagging behind large caps is very rare and they're long overdue for a return. Where does the 45% number come from? That translates to an average annual return of about 13%. That's a reasonable target for a segment that has some strong value built in and is in the very early stages of an investor rotation into it. It also represents returns the index has seen in past three-year recovery cycles. Here are some examples from the past quarter-century. 2003-2005: 75% 2009-2011: 48% 2016-2018: 19% (although it was up 49% through the end of Q3 2018 before the bear market in Q4 set in) The new year has gotten off to a good start for the Russell 2000. If the outperformance trend is just getting started, here are three ETFs that will help capture it. iShares Russell 2000 ETF The iShares Russell 2000 ETF (IWM 1.80%) is probably the most common representation of the small-cap market. It invests in the next 2,000 stocks ranked by market cap after the 1,000 stocks included in the large-cap Russell 1000 index. Expand NYSEMKT : IWM iShares Trust - iShares Russell 2000 ETF Today's Change ( -1.80 %) $ -4.69 Current Price $ 255.83 Key Data Points Day's Range $ ...

Key Points The leadership trend from U.S. megacap growth stocks looks like it's starting to crack. Value, dividend, and international stocks have all been stepping up to take the lead. The Vanguard International High Dividend Yield ETF (VYMI) is invested in the areas that have emerged as outperformers so far in 2026. 10 stocks we like better than Vanguard International High Dividend Yield ETF › The Vanguard International High Dividend Yield ETF (NASDAQ: VYMI) had an extraordinary year in 2025. The 38% gain was its best calendar-year return since the exchange-traded fund (ETF) launched nearly a decade ago. International stocks have been largely ignored in an environment dominated by U.S. tech stocks and the S&P 500 (SNPINDEX: ^GSPC). Dividend stocks have generally lagged even further, as investors found little need for defensive income strategies in a high-growth economy. 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 » But conditions appear to be changing. With global trade relations growing more tense and signs of the economy slowing in many regions, investors are thinking twice about bidding up growth stocks. Non-tech sectors and themes are finally gaining interest again, and international stocks have been near the top of the list. Below is a look at whether this ETF, which tracks two U.K. indexes exclusive of U.S. stocks, can pull off a repeat in 2026. Why the Vanguard International High Dividend Yield ETF performed so well The simple answer is that the artificial intelligence (AI) stock boom was the rising tide that lifted all boats. Tech and communication stocks were obviously the biggest beneficiaries of this as they were at the forefront of development and implementation. The huge returns by the megacap growth theme and the "Magnificent 7" stocks were more than enough to lift global investor sentiment. That was the foundation for generating...

Republicans’ new tax law delivered for Amazon com, which saw its U.S. corporate income taxes shrink by more than half in 2025 while its profits climbed. The company’s current U.S. taxes, an accounting measure of taxes incurred last year, declined to $1.2 billion from $9 billion, according to a securities filing released Friday. Meanwhile, Amazon’s pretax U.S. profit increased by 44.5%, to $89.5 billion.

湖南发展（000722）公告，公司拟以发行股份及支付现金的方式购买湖南能源（850101）集团电力（562350）投资有限公司持有的湖南湘投沅陵高滩发电有限责任公司85%股权、湖南湘投铜湾水利（885572）水电开发有限责任公司90%股权、湖南湘投清水塘水电开发有限责任公司90%股权、湖南新邵筱溪水电开发有限责任公司88%股权，同时向不超过35名符合条件的特定投资者发行股份募集配套资金。深圳证券交易所并购重组审核委员会于2026年02月06日召开2026年第3次并购重组审核委员会审议会议，对公司本次交易的申请进行了审议。根据深圳证券交易所并购重组审核委员会发布的《深圳证券交易所并购重组审核委员会2026年第3次审议会议结果公告》，本次会议的审议结果为：本次交易符合重组条件和信息披露要求。本次交易尚需取得中国证券监督管理委员会同意注册的批复，最终能否取得中国证券监督管理委员会同意注册的批复及最终取得时间仍存在不确定性。

By Stephen Nellis and Aditya Soni SAN FRANCISCO, Feb 6 (Reuters) - As the global memory chip shortage hits the smartphone market, a key question is echoing from Silicon Valley to Shenzhen: Will Apple raise prices, or sacrifice profit to gain new customers? The iPhone maker predicted strong ​sales growth last week, spurred by demand for its iPhone 17 models. CEO Tim Cook told investors he expected memory chip prices to increase ‌sharply, but declined to answer analysts' questions about whether Apple would raise prices in response. "There are different levers that we can push, and who knows how successful they'll be, but there's just a range ‌of options," Cook said on the post-earnings call. He did not address whether the shortage offered Apple a chance to increase its iPhone and Mac marketshare by maintaining prices at the expense of rivals who might have greater supply constraints. Analysts assume that even amid a shortage, Apple has the clout with long-time suppliers such as Samsung Electronics, SK Hynix and Micron to secure enough chips to make iPhones, unlike smaller phone makers. A rapid build-out of AI infrastructure by tech firms such as Meta, Google and Microsoft has ⁠absorbed much of the supply of memory chips, lifting prices ‌as manufacturers prioritize components for higher-margin data centers over consumer devices. Memory chips, or DRAM, are crucial to smartphones as they allow power-hungry applications to run smoothly. APPLE'S DECISION WILL SHAPE INDUSTRY DECISIONS Apple's decision will likely have far-reaching consequences. By some estimates, the company ‍led the global smartphone market last year with a nearly 10% rise in shipments. If it holds prices while smaller rivals raise theirs as analysts expect, iPhones would look more attractive. If Apple hikes prices, that would give competitors room to follow. "This the biggest question for the industry now," said Nabila Popal, a senior research director at IDC. "This is a two-sided sword ​because if Apple ...

当天机构净买入前三的股票分别是恩捷股份、红宝丽、协鑫集成，净买入金额分别是1.8亿元、1.13亿元、1.03亿元。 盘后数据显示，2月6日龙虎榜中，共35只个股出现了机构的身影，有25只股票呈现机构净买入，10只股票呈现机构净卖出。 当天机构净买入前三的股票分别是恩捷股份、红宝丽、协鑫集成，净买入金额分别是1.8亿元、1.13亿元、1.03亿元。 当天机构净卖出前三的股票分别是巨力索具、双良节能、丰倍生物，净流出金额分别是2.79亿元、1.07亿元、5883万元。

Wall street sign in New York with New York Stock Exchange background by Stuart Monk via Shutterstock March S&P 500 E-Mini futures ( ESH26 ) are up +0.58%, and March Nasdaq 100 E-Mini futures ( NQH26 ) are up +0.69% this morning, rebounding after days of heavy selling as investors stepped in to buy the dip. Investors also digest an earnings report from Amazon.com ( AMZN ). Shares of the e-commerce and technology giant slumped over -7% in pre-market trading after it unveiled plans to spend $200 billion this year on AI infrastructure, a sharp increase that outpaced revenue growth in its cloud unit. That stoked concerns that its massive AI bet may fail to pay off over the long term. At the same time, companies tied to the AI buildout got a boost from Amazon’s blowout capex plans, with Nvidia ( NVDA ) and Broadcom ( AVGO ) rising over +3% in pre-market trading. Investors are now awaiting the release of the University of Michigan’s preliminary reading on U.S. consumer sentiment and comments from a Federal Reserve official. In yesterday’s trading session, Wall Street’s major indices ended in the red. Most members of the Magnificent Seven stocks slumped, with Amazon.com ( AMZN ) and Microsoft ( MSFT ) falling over -4%. Also, cryptocurrency-exposed stocks sank after the price of Bitcoin tumbled more than -12%, with MARA Holdings ( MARA ) plummeting over -18%, and Strategy ( MSTR ) plunging over -17% to lead losers in the Nasdaq 100. In addition, Qualcomm ( QCOM ) slid over -8% after the largest maker of smartphone processors issued below-consensus FQ2 guidance. On the bullish side, McKesson Corp. ( MCK ) jumped more than +16% and was the top percentage gainer on the S&P 500 after the drug wholesaler posted upbeat FQ3 results and raised its full-year adjusted EPS guidance. A Labor Department report released on Thursday showed that the U.S. JOLTs job openings unexpectedly fell to a 5-1/4-year low of 6.542 million in December, weaker than expectations of 7.200 million. Also, th...

Telenet Group Holding NV is holding back on launching a new bond deal amid volatile markets and investor concern over its new corporate structure. The company, owned by telecoms giant Liberty Global , on Monday announced it would look to sell $1.48 billion equivalent of bonds in a two-part sale, but the timing is now likely to slip to next week, said a person familiar with the matter. Typically such announcements are followed by completion within the week, and the person did not give a specific reason for the delay. Telenet had also started marketing a dual currency, two-part leveraged loan the same day, with proceeds intended to refinance existing debt due in 2028 and 2029 alongside senior secured bonds in euros and dollars. Investor commitments had been due on Feb. 5, but pricing levels have not emerged. Usually the commitment deadline is when a loan deal is wrapped up. Several investors who attended a global investor call this week said they had concerns over the company’s plans to separate its fiber business, since it’s moving those assets out of a restricted group via its subsidiary Wyre. “Telenet Servco is a very different and materially riskier credit profile to what Telenet has been historically,” CreditSights analysts led by Mark Chapman said in a note. Telenet did not immediately respond to a request for comment. Risks Rising Global markets have been rocked this week by sharp selloffs in risky assets from stocks to cryptocurrencies, with jolts also coming from new AI models threatening the business of software services and financial research companies. A gauge of high-yield firms’ credit risk has risen for the last four days. Investors have pushed back on the terms of a number of debt deals, often insisting on the inclusion of a “J Crew Blocker,” which prevents an issuer from moving assets out of the restricted group. JPMorgan Chase & Co., BNP Paribas SA and Natwest Markets Plc are bookrunners on the €750 million euro tranche, while Goldman Sachs Group Inc...

时隔不到一周，贵金属市场再度集体巨震。 北京时间2月5日至6日早间，国际贵金属市场大幅下跌。 Wind（万得）数据显示，2月5日，伦敦黄金和白银现货价格分别下跌3.79%和20.06%。2月6日早间，金银价格继续走低，金价一度跌破4700美元/盎司；银价一度跌破65美元/盎司，抹去年内全部涨幅。 截至2月6日16时20分，伦敦黄金现货价格报4863.1美元/盎司，日内上涨0.65%；伦敦白银现货价格报73.5美元/盎司，日内上涨3.60%。 不到一周前，1月31日凌晨，伦敦黄金和白银现货价格巨震，黄金盘中跌逾12%，创40年来最大单日跌幅；白银盘中暴跌36%，创下了有记录以来最糟糕的单日表现。 多位分析人士对《财经》表示，触发本轮贵金属回调的主因，是美国总统特朗普意外提名凯文·沃什担任美联储主席，后者以其“缩表”言论而被市场视为货币政策的鹰派人物。 事实上，不仅贵金属，近期黄金、白银、美股、加密货币几乎同步暴跌。光大证券首席宏观分析师赵格格对《财经》表示，这反映出在美元流动性收紧预期下，所有美元定价的风险资产被无差别抛售。 在赵格格看来，沃什“缩表”言论只是本次市场恐慌性抛售风险资产的表因，更深层次的原因是全球资金对“去美元化”交易的回摆。 展望未来，赵格格认为，美债的可持续性和美元的公信力处于长期下行的空间，“去美元化”的方向毋庸置疑。 亦有机构对此持不同观点。中金公司近日撰文称，“沃什冲击”改变了美联储政策预期，导致黄金价格巨震，证实美联储政策确实是决定黄金市场前景的最关键变量。 “如果沃什最终成功收缩美联储资产负债表，则可部分修复美元信誉，延缓‘去美元化’进程，并收紧美元流动性，会直接动摇美元流动性这一市场主线，逆转全球市场趋势。”中金公司称，“美联储或将决定黄金牛市的终点，但这一拐点尚未到来，短期调整创造抄底机会。” 风险资产恐慌接力 2月6日上午，金银现货价格企稳反弹，截至当日15时，伦敦黄金和白银现货价格分别报每盎司4839.96美元和72.10美元，年初至今分别上涨12.08%和0.73%。 与此同时，纽约黄金和白银期货涨幅仍未回正，日内分别下跌0.58%和5.15%，报每盎司4861.1美元和72.76美元。 “2月5日以来的这一轮黄金和白银下跌，背后的主要推手是获利了结。”中国国际期货高级研究员汤林闽对《财经》表示。 以国内期货端为例，沪金主连合约...

The Iberian peninsula has been placed under severe weather alerts as Storm Leonardo continues to batter parts of Spain and Portugal with torrential rain and strong winds. Since Tuesday, the slow-moving system has brought widespread disruption, flooding and evacuations. In Grazalema, in southern Spain, more than 700mm of rain has fallen since Wednesday, roughly equivalent to the country’s average annual rainfall. Across Andalucía, about 3,500 people have been evacuated, with roads and schools closed, and transport networks disrupted. Spain’s state meteorological agency, Aemet, issued its highest red alert for heavy rainfall in Cádiz and parts of Málaga, where around 150mm was recorded in only 12 hours on Thursday. In Málaga province, a girl has been reported missing after being swept away by the Turvilla river, with emergency services continuing search efforts. Portugal, still recovering from Storm Kristin, which killed at least five people last week, has also been badly affected. Fresh downpours have triggered flooding, landslides and falling trees, forcing more than 200 people to evacuate. On Wednesday, another death was reported in the southern Alentejo region after a man’s car was washed away by flood waters. The storm’s effects extend beyond Europe. In northern Morocco, flash floods caused by overflowing rivers and reservoirs have forced more than 100,000 people to evacuate, with the city of Ksar El-Kebir in the Tanger-Tetouan-Al Hoceima region among the worst-affected. The extreme rainfall is being driven by an unusually southward-shifted jet stream, allowing Leonardo to intensify and stall over the region. The storm has also merged with an “atmospheric river” carrying tropical moisture from the Caribbean, continually replenishing the rainfall. With soils already saturated and rivers swollen after weeks of wet weather, the risk of further flooding and landslides remains high, particularly in southern Spain. Leonardo is expected to linger near the north-west of ...

寻找和利用清洁能源（850101）是推动能源（850101）转型、应对气候变化的重要路径。其中，地质成因的天然氢气因具备“零碳排、低成本”的潜力，已成为全球能源（850101）科技创新的焦点。记者2月6日从中国科学院获悉，近日，中国科学院地质与地球物理研究所刘传周和吴福元领衔的研究团队在青藏高原的蛇绿岩中，首次发现了封存于微观包裹体内的天然氢气。这一发现不仅填补了国内的研究空白，也为我国寻找下一代清洁能源（850101）指明了新的地质方向。相关成果已于近期在国际学术期刊发表。(新华社)

贝达药业（300558）公告，公司收到国家药监局签发的《药品注册证书》(药品批准文号：国药准字S20260009)，批准公司与杭州博之锐生物制药有限公司合作的帕妥珠单抗注射液(商品名：贝泽汀 )上市。贝泽汀 适用于早期乳腺癌及转移性乳腺癌患者。该药品为博锐生物自主研发的帕妥珠单抗生物类似药，用于治疗早期乳腺癌、转移性乳腺癌。取得药品注册证书后，公司即可落实推进贝泽汀 商业化工（850102）作。

伊朗伊斯兰共和国通讯社6日报道，伊朗外长阿拉格齐与阿曼外交大臣巴德尔会面，进行伊朗与美国核问题间接谈判第二阶段，听取美方对伊方谈判方案的回应。 报道说，6日上午在阿曼首都马斯喀特举行的第一阶段谈判中，伊朗已向阿曼方面提交了关于管控当前局势、推动谈判进程的初步方案，阿曼方面将该方案转交给美国总统特使威特科夫。据悉，美方代表团已完成对该方案的审议。在第二阶段谈判中，美方代表团的回应将被转达给伊方。 据伊朗迈赫尔通讯社报道，第二轮谈判结束后，威特科夫再与巴德尔进行磋商。(新华社)

tolgart/iStock via Getty Images My bullish November 2025 coverage of the Schwab US Dividend Equity ETF™ ( SCHD ) was called 'SCHD: Balancing My AI Bets,' and this week proved that concentrating only on growth is extremely risky. I think that it is just a temporary healthy correction among growth stocks, which is a normal process because growth is never linear. However, I also thought approximately the same in early 2022, but I was wrong, and the market's weakness persisted through the entire year four years ago. Therefore, I would like to continue hedging against the rapidly mounting geopolitical uncertainty and the 'AI bubble' narrative becoming louder. I do not want to panic sell my high-quality growth positions because I believe in their vast potential over the long term. However, to mitigate likely near-term volatility, I continue buying SCHD and reiterate a 'strong buy' recommendation. Fundamental analysis Investors are becoming increasingly fearful even though big tech Q4 earnings are impressive so far. All large AI plays continue demonstrating aggressive revenue growth with indications that AI adoption momentum is still strong. At the same time, they are also aggressively ramping up investments in AI-related CapEx and R&D. The cumulative amount that is planned to be invested in new data centers during FY2026 by hyperscalers amounts to hundreds of billions, which is in the same ballpark as the GDP of a large country. Therefore, it is no wonder that investors are concerned about the ability of tech giants to maintain their historically strong profitability metrics, especially the ones related to returns on assets and equity. SA The fact that investors are becoming increasingly fearful is also supported by gold price dynamics. Despite the recent dip in this precious metal's price, it is still by far outperforming the stock market on a year-to-date basis. Moreover, another indication of investors rotating away from risky investments is the plunging prices of the ...

2月5日，Anthropic和OpenAI几乎同时发布新一代模型。根据外媒爆料，为了抢先15分钟发布，Anthropic甚至临时调整了发布时间。 Anthropic 发布了 Claude Opus 4.6 ，允许多个 AI 智能体并行协作、分工完成长期复杂任务。 OpenAI 推出了 GPT-5.3 Codex ，官方称这是首个“参与自身创建过程的模型”。 AI变得更强了，又是两个可以喊出“Wow”的强大模型。 而资本市场的反应，却与之背道而驰。 北京时间 2 月 6 凌晨美股收盘，纳斯达克指数收盘下跌约 1.6%，软件与信息服务板块继续下跌。此前科技与软件股连续遭遇抛售，iShares Expanded Tech-Software ETF（iShares 科技软件 ETF）年内跌超 15%，微软、Salesforce、Oracle 等大厂股价也重挫，个别软件股较近期高点跌超 25%~30%。 01 Cowork插件，把软件股变成白菜价？ 这轮软件股崩盘，开始于北京时间1月31日。 当天，Anthropic为它的AI桌面助手Claude Cowork上线了一批行业插件，覆盖法律、销售、金融和数据分析。就像一个AI“同事”，可以读取文件、整理文件夹、起草文档；新插件让这些“同事”甚至能够接入企业CRM系统、审查合同、标记法律风险、追踪合规状态。 2月4日凌晨，市场反应剧烈。根据外媒报道，软件、金融服务、资产管理板块单日蒸发约2850亿美元市值。高盛美国软件篮子单日暴跌6%，为2025年4月关税冲击以来最大跌幅；金融服务指数跌近7%。 具体到个股上：以法律与专业信息订阅服务为核心的Thomson Reuters暴跌 16%，创下历史最大单日跌幅；全球最大的法律与风险数据分析集团之一 RELX 下跌 14%；主打标准化在线法律服务的平台型公司LegalZoom跌幅接近 20%。 2月5日，抛售继续。高盛广义软件篮子指数（GSTMTAIR）创下近5年来最差表现、有记录以来第三大单日跌幅。高盛“广义软件篮子”从高点蒸发约2万亿美元市值，跌幅约30%。 2月6日凌晨，Opus 4.6发布当天，金融数据终端FactSet盘中暴跌10%。因为Opus 4.6在GDPval-AA上比GPT-5.2高出144个Elo，意味着在约70%的情况下表现更优。这是一个评估金融、法律等领域经济价...

Advanced Micro Devices (AMD) has just wrapped up FY 2025 with fourth quarter revenue of US$10.3b and basic EPS of US$0.99, alongside trailing twelve month revenue of US$34.6b and EPS of US$2.63 that underscore the scale of its current earnings power. Over recent quarters, the company has seen revenue move from US$7.7b in Q2 2025 and US$7.4b in Q1 2025 to US$9.2b in Q3 2025 and US$10.3b in Q4 2025, with quarterly EPS shifting from US$0.44 to US$0.47, US$0.72 and then US$0.99 over the same stretch. This sets the stage for investors to focus on how these results tie into a fatter profit margin profile. With the headline numbers on the table, the next step is to see how this earnings run lines up against the widely shared narratives around AMD's growth, quality of profits, and long term story. NasdaqGS:AMD Earnings & Revenue History as at Feb 2026 Advertisement 159.8% earnings growth reshapes profit picture On a trailing 12 month basis, net income excluding extra items is US$4.3b with EPS at US$2.63, compared with US$1.6b and EPS of US$1.01 a year earlier, which is described as 159.8% earnings growth and an increase in net margin from 6.4% to 12.3%. What stands out for the bullish view is how this earnings ramp lines up with the forecast that earnings could grow about 29.9% per year, as the latest trailing numbers already reflect: Revenue over the same trailing period is US$34.6b versus US$25.8b a year earlier, while net margin sits at 12.3%, so bulls can point to both higher profit level and fatter margins supporting their growth argument. At the same time, critics of the bullish case may flag that such a large year over year earnings jump sets a high bar for those growth forecasts to keep looking reasonable in future updates. Analysts who frame AMD as a long term earnings compounder will likely pay close attention to how this big profit step change squares with the growth expectations baked into their models and targets. 📊 Read the full Advanced Micro Devices Consensu...

Company Logo The Chinese loyalty market presents prime opportunities in embedded, platform-driven loyalty models and membership-based systems across various sectors. Integration into super-app ecosystems, leveraging data-driven personalization within regulatory constraints, and blending offline-to-online experiences are key growth avenues. Chinese Loyalty Market Chinese Loyalty Market · GlobeNewswire Inc. Dublin, Feb. 06, 2026 (GLOBE NEWSWIRE) -- The "China Loyalty Market Size & Forecast by Spend Value Across 100+ KPIs by Program Type, Channel Mix, Sector, Embedded Loyalty Penetration, and Platform Spend Segmentation - Databook Q1 2026 Update" has been added to ResearchAndMarkets.com's offering. The loyalty market in China is set to expand significantly, projected to grow by 16.0% annually, attaining a market value of US$21.42 billion by 2026. From 2021 to 2025, this sector has demonstrated strong growth with a CAGR of 18.4%, and this trend is expected to persist, with a CAGR of 13.5% from 2026 to 2030. By the end of 2030, the market is anticipated to increase from its 2025 value of US$18.46 billion to around US$35.54 billion. The evolution of China's loyalty program market is underpinned by platform dominance, embedded engagement, and ecosystem-driven models. Loyalty is transitioning from standalone programs to being incorporated into the consumer's digital and physical interactions, supporting retention and integrated consumption. Embedded Loyalty In China, loyalty programs are becoming part of the everyday consumption journey. Integrated mechanisms are replacing standalone schemes, with platforms like Alibaba and JD.com embedding loyalty benefits into shopping and service flows, driving a seamless consumer experience. The shift towards embedded loyalty is intensified by China's super-app ecosystems, facilitating frictionless digital journeys where consumers prefer integrated loyalty systems over separate sign-ups. The competitive landscape is moving towards journ...

格隆汇2月6日｜李强主持召开国务院常务会议，会议讨论并原则通过《中华人民共和国招标投标法（修订草案）》，决定将草案提请全国人大常委会审议。会议指出，要以本次修法为契机，改革完善招标投标体制机制，破除隐性壁垒，改进评标办法，提高工作透明度，严厉打击违法活动，标本兼治促进招标投标市场规范健康发展。

This article first appeared on GuruFocus. Ginkgo Bioworks (NYSE:DNA) says a new AI collaboration with OpenAI is already paying off, cutting the cost of protein production in the lab by a meaningful margin. The company said it worked with OpenAI (OpenAI), which is backed by Microsoft (NASDAQ:MSFT), to build an AI system that reduced costs in cell free protein synthesis by about 40%. Unlike traditional methods that rely on living cells, cell free synthesis can produce proteins much faster, making it especially useful when researchers need quick experimental or clinical results. The findings, shared in a scientific preprint that hasn't yet been peer reviewed, came from a large scale testing effort. The AI system ran more than 36,000 reactions across hundreds of automated lab plates, generating close to 150,000 data points. Ginkgo said the key was combining OpenAI's latest large language model with its own cloud based, automated lab setup.