This article first appeared on GuruFocus. Amazon (NASDAQ:AMZN) spooked investors Thursday, not because the quarter was weak, but because the company made it very clear just how much it plans to spend on AI. The numbers themselves were solid. Revenue rose 14% year over year to $213.4 billion, and AWS kept humming, with sales up 24% to $35.6 billion. The mood shifted when Amazon said it expects to p...
This article first appeared on GuruFocus. Amazon (NASDAQ:AMZN) spooked investors Thursday, not because the quarter was weak, but because the company made it very clear just how much it plans to spend on AI. The numbers themselves were solid. Revenue rose 14% year over year to $213.4 billion, and AWS kept humming, with sales up 24% to $35.6 billion. The mood shifted when Amazon said it expects to pour roughly $200 billion into capex this year, much of it aimed at AI infrastructure, custom chips, robotics, and even low Earth orbit satellites. The stock dropped about 10% in after hours trading as that figure sank in. On the call, CEO Andy Jassy tried to reassure investors, arguing the spending is intentional and tied directly to long term returns. He said AWS demand is accelerating, large enterprise and government contracts are rolling in, and Amazon is monetizing AI as quickly as capacity allows through services like Bedrock.
马年春节，AI to C 的战场热度，又升温了。 2月2日，阿里千问官宣，自掏腰包30亿，搞了个“春节请客计划”。春节AI红包大战，BAT都下场了。 巨头间AI应用打得火热，其他二三线AI大模型玩家难免略显冷清。 眼看着隔壁在大手笔发红包，商汤科技旗下的AI Agent应用“咔皮记账”，也低调宣布核心功能永久免费。“咔皮记账”是商汤基于“日日新”大模型推出的To C应用，也是商汤AI to C业务...
马年春节，AI to C 的战场热度，又升温了。 2月2日，阿里千问官宣，自掏腰包30亿，搞了个“春节请客计划”。春节AI红包大战，BAT都下场了。 巨头间AI应用打得火热，其他二三线AI大模型玩家难免略显冷清。 眼看着隔壁在大手笔发红包，商汤科技旗下的AI Agent应用“咔皮记账”，也低调宣布核心功能永久免费。“咔皮记账”是商汤基于“日日新”大模型推出的To C应用，也是商汤AI to C业务的一次重要尝试。 AI To C应用市场，一线玩家红包大战打得越是火热，二三线玩家的用户增长也就越尴尬。 BAT之外的AI大模型玩家都面临一个骨感的现实： 随着阿里、腾讯大手笔入局AI to C应用，二线细分场景下的AI应用生存空间可能会被进一步压缩。 比如，豆包、千问们凭借在用户粘性上有压倒性的优势，一个类似功能智能体的更新，就可能断绝了这些垂直场景AI应用的生路，AI to C的故事可能就很难再讲得下去。 那么，对于以商汤科技为代表的AI玩家们而言， 这波结构性的AI红利到底该怎么吃？巨头入场后，继续投入AI to C这个赛道还有多大意义？ 这些问题值得深思。 巨头开Party，商汤们到底吃没吃到AI红利？ 生成式AI是一波结构性的机会，这点是共识。但真正抓得住这波结构机会的，除了字节、腾讯、阿里，其实少有上个时代的AI企业。 百度之外，上个时代的AI明星企业，就是AI四小龙了，其中，真正还有实力留在牌桌上的也就商汤科技一家。 从市场的反应来看，对于商汤过去一段时间的AI转型，市场反应似乎并不热烈。 从2024年到现在，商汤科技的市值走势整体是向上波动，但仍然没有质变。当前市值远不到商汤历史市值高点的一半。 再来看同时期的百度，2024年10月初的高点，百度市值约为3000亿港元，现在，百度市值接近4000亿港元。 为什么拿百度来比？ 虽然商汤科技与百度体量不同，核心业务也有差异，但商汤跟百度其实很像： 都是上个时代的AI明星企业，都是旧增长模式遭遇挑战急需向AI时代转型。 从两者市值变化来看，市场还是更认可百度，反倒是对商汤可能还有些顾虑。 我认为，这种差异表现在两个方面： 1.“压舱石”业务稳不稳很关键。 百度方面，2025四季度核心业务有复苏，机构预测百度核心收入按季增长7%至265亿元。相较之下，商汤亏损虽有收窄，但盈利前景可能还不够清晰，况且旧增长支柱也在萎缩...
Tata Steel Ltd. ’s profit grew eight fold in the third quarter led by robust demand and production at its Indian operations that helped the steelmaker overcome rising costs. The firm’s net income for the three months through December climbed to 26.9 billion rupees from 3.3 billion rupees a year earlier, according to a stock exchange filing . That beat the estimate of 25.3 billion rupees.
Tata Steel Ltd. ’s profit grew eight fold in the third quarter led by robust demand and production at its Indian operations that helped the steelmaker overcome rising costs. The firm’s net income for the three months through December climbed to 26.9 billion rupees from 3.3 billion rupees a year earlier, according to a stock exchange filing . That beat the estimate of 25.3 billion rupees.
It will likely get harder for Singaporeans to stretch their dollar on Malaysian eats, shopping and weekend trips as the ringgit rallies. With multiple factors powering the blistering rally, is a stronger ringgit here to stay? (Source: Bloomberg)
It will likely get harder for Singaporeans to stretch their dollar on Malaysian eats, shopping and weekend trips as the ringgit rallies. With multiple factors powering the blistering rally, is a stronger ringgit here to stay? (Source: Bloomberg)
Snoop Dogg might have taken most of the attention in the Cortina Curling Stadium early on Friday, but Team GB's duo delivered a big-ticket performance of their own to maintain their 100% record in the Winter Olympics mixed doubles. The swaggering rap legend - in the high-end Italian mountain resort as a Team USA hype man and "honorary coach" - even felt to urge to claim a selfie with Jen Dodds and...
Snoop Dogg might have taken most of the attention in the Cortina Curling Stadium early on Friday, but Team GB's duo delivered a big-ticket performance of their own to maintain their 100% record in the Winter Olympics mixed doubles. The swaggering rap legend - in the high-end Italian mountain resort as a Team USA hype man and "honorary coach" - even felt to urge to claim a selfie with Jen Dodds and Bruce Mouat after their fourth win of the competition. "He's just asked for a photo with us, so I'm feeling pretty good about myself," Mouat told BBC Sport, before Dodds disclosed that Mr Dogg "said he'd heard about Bruce". If he and Dodds continue this form, he won't be the only one who has. It was another day, another victory for last year's world silver medallists; this time the fancied Sweden - who beat them to bronze in 2022 - who were the victims. The Scottish duo delivered a display that showed as much gallus as guts, their 7-4 win takes them top of the standings as the only unbeaten team and within touching distance of the semi-finals. The curling cognoscenti reckon six wins in the nine round-robin games could be enough to earn a place in Monday's last four, and the GB duo are well on the way. They can edge closer when they return to the ice for the fifth time to face South Korea, who have lost all three of their matches, at 13:35 GMT, live on the BBC.
Valley National Bancorp delivers commercial banking, wealth management, and insurance services across key Northeast and Southeast markets. On February 4, Leeward Investments disclosed a buy of 322,500 shares of Valley National Bancorp (VLY +1.08%), an estimated $3.58 million trade based on quarterly average pricing. What happened According to a February 4 SEC filing, Leeward Investments increased ...
Valley National Bancorp delivers commercial banking, wealth management, and insurance services across key Northeast and Southeast markets. On February 4, Leeward Investments disclosed a buy of 322,500 shares of Valley National Bancorp (VLY +1.08%), an estimated $3.58 million trade based on quarterly average pricing. What happened According to a February 4 SEC filing, Leeward Investments increased its position in Valley National Bancorp (VLY +1.08%) by 322,500 shares during the fourth quarter. The estimated trade value was $3.58 million, calculated using the average share price for the quarter. At quarter end, the fund’s holding in Valley National Bancorp was valued at $22.33 million, a $5.48 million increase from the prior period. What else to know Valley National Bancorp now represents 1.13% of Leeward Investments. Top five holdings after the filing: NASDAQ: LITE: $42.12 million (2.1% of AUM) NYSE: FHN: $39.97 million (2.0% of AUM) NYSE: EHC: $35.45 million (1.8% of AUM) NYSE: CLH: $33.99 million (1.7% of AUM) NYSE: RRX: $32.63 million (1.7% of AUM) As of February 4, shares of Valley National Bancorp were priced at $13.39, up 35.5% over the past year and well outperforming the S&P 500’s roughly 14% gain in the same period. Company overview Metric Value Revenue (TTM) $2.03 billion Net Income (TTM) $597.98 million Dividend Yield 3.29% Price (as of February 4) $13.39 Company snapshot Valley National Bancorp offers commercial and consumer banking products, insurance, wealth management, investment services, and a range of deposit and loan products. The company generates revenue primarily through net interest income from lending and deposit activities, complemented by fee-based services in investment management and insurance. It serves individuals, small to medium-sized businesses, and institutional clients across New Jersey, New York, Florida, and Alabama. Valley National Bancorp is a regional financial institution with a diversified suite of banking and financial servi...
Senior management at lobbying firm Global Counsel are in the final stages of a deal to remove former US ambassador Peter Mandelson from the business by buying out his 21% stake, according to people with knowledge of the matter. The firm is attempting to distance itself from the disgraced British politician amid the mounting scandal surrounding his ties to convicted sex offender Jeffrey Epstein . A...
Senior management at lobbying firm Global Counsel are in the final stages of a deal to remove former US ambassador Peter Mandelson from the business by buying out his 21% stake, according to people with knowledge of the matter. The firm is attempting to distance itself from the disgraced British politician amid the mounting scandal surrounding his ties to convicted sex offender Jeffrey Epstein . A group of Global Counsel’s management will buy Mandelson’s holding, said the people, who asked not to be identified discussing private information. Mandelson’s stake was previously valued at about £6 million ($8.1 million). Archie Norman, Global Counsel’s chairman, today shared a message with staff saying the deal is expected to close imminently and will end all connections between the firm and Mandelson, the people said. Benjamin Wegg-Prosser has resigned as the chief executive officer of Global Counsel over the firm’s links to the late pedophile financier Epstein. The firm has appointed Rebecca Park, formerly a senior staffer, to replace him, according to its website . There have been mounting concerns from clients of Global Counsel over Mandelson and Wegg-Prosser’s relations with Epstein. Bloomberg reported that Wegg-Prosser tried to arrange a Russian visa for Epstein in 2011 through his contacts with Russian metals billionaire Oleg Deripaska . Barclays Plc cut ties with Global Counsel in the wake of the mounting scandal surrounding its founder. Several other large companies are considering doing the same, people familiar with the matter said. Some are waiting to see whether the firm is able to remove Mandelson and sufficiently demonstrate that no further connections to Epstein will emerge, they said. Wegg-Prosser and Mandelson set up the lobbying business in late 2010, shortly after UK’s Labour Party lost the general election. Mandelson had been Business Secretary in the UK government and passed on financially sensitive information to Epstein in the role, according to e...
Win McNamee/Getty Images News Treasury Secretary Scott Bessent said he was wrong when he and his investment firm Key Square Group told partners back in 2024 that tariffs are inflationary. "If I was mistaken, I want to correct it," he replied when asked about Key Square's letter to partners in 2024 during a hearing of the House Financial Services Committee. "And I was also mistaken when I said the ...
Win McNamee/Getty Images News Treasury Secretary Scott Bessent said he was wrong when he and his investment firm Key Square Group told partners back in 2024 that tariffs are inflationary. "If I was mistaken, I want to correct it," he replied when asked about Key Square's letter to partners in 2024 during a hearing of the House Financial Services Committee. "And I was also mistaken when I said the tariffs could be inflationary." Bessent cited a report from the San Francisco Federal Reserve when saying that tariffs do not cause inflation. When asked about high housing costs, he said "mass unfettered immigration" is what caused a "great deal of housing inflation for working Americans," citing a Wharton School study . Bessent said the U.S. saw 4.1% economic growth for the past three quarters. "We are seeing inflation drop. So tariff inflation was the dog that didn't bark." "Another differentiated view that we have is that Trump will pursue a weak dollar policy rather than implementing tariffs," the 2024 letter from Key Square read . "Tariffs are inflationary and would strengthen the dollar--hardly a good starting point for a U.S. industrial renaissance." More on U.S. economy Layoffs Haven't Been This Bad Since 2009 2026: The White-Collar Recession Begins Bessent declines to commit that Warsh won't be sued if he doesn't cut rates Job openings continue to dwindle in December: JOLTS report U.S.-based employers ramp up job cuts in January: Challenger Report
Key Points Coinbase is concerned about the impact of quantum computing on cryptocurrency security. Bitcoin is the most important asset that's at risk. Don't expect the worst to happen, but don't ignore the possibilities either. 10 stocks we like better than Bitcoin › A long-term asset like Bitcoin (CRYPTO: BTC) can survive a lot of scary headlines about the global economy, geopolitics, or the beha...
Key Points Coinbase is concerned about the impact of quantum computing on cryptocurrency security. Bitcoin is the most important asset that's at risk. Don't expect the worst to happen, but don't ignore the possibilities either. 10 stocks we like better than Bitcoin › A long-term asset like Bitcoin (CRYPTO: BTC) can survive a lot of scary headlines about the global economy, geopolitics, or the behavior of its biggest holders. But for investors to have enough confidence to actually hold it long enough to get a solid return, it probably can't survive having its core (and often unstated) assumptions broken. On that note, on Jan. 21, Coinbase (NASDAQ: COIN) said that it would form an independent advisory board focused on quantum computing as it pertains to blockchain security, explicitly saying that blockchains like Bitcoin may need to soon implement new cryptography to stay safe from the future code-breaking risk posed by quantum computers. So if you own or are considering buying Bitcoin, you should treat this as a sign that you need to learn about this big new risk, because it might be existential for the asset. 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 » Take this wake-up call When a large exchange publicly says that it's reaching for outside expertise to deal with an emerging threat, it tends to signal preparation for a multiyear engineering and policy effort. And Coinbase isn't alone here; in late January, the Ethereum Foundation, a governance organization of Ethereum, discussed making a dedicated post-quantum computing security effort. But what are these entities suddenly so afraid of? Even the leading quantum computing companies are still in their infancy. In short, the cryptography underpinning many blockchains, including Bitcoin, could theoretically be cracked by a sufficiently powerful quantum computer. Those computers don't exist yet, a...
US President Donald Trump on Thursday posted an election conspiracy video that depicted former president Barack Obama and his wife Michelle as monkeys, drawing condemnation from prominent Democrats. Near the end of a one-minute-long video posted on Trump’s social media platform, the Obamas are shown with their faces on the bodies of monkeys for about one second. The song “The Lion Sleeps Tonight” ...
US President Donald Trump on Thursday posted an election conspiracy video that depicted former president Barack Obama and his wife Michelle as monkeys, drawing condemnation from prominent Democrats. Near the end of a one-minute-long video posted on Trump’s social media platform, the Obamas are shown with their faces on the bodies of monkeys for about one second. The song “The Lion Sleeps Tonight” plays in the background when the Obamas appear. Advertisement The video repeats false allegations that the ballot-counting company Dominion Voting Systems helped steal the 2020 election from Trump. As of early Friday morning, the video had been liked several thousand times on the president’s social media platform. Advertisement The office of California Governor Gavin Newsom, a potential 2028 Democratic presidential candidate and a prominent Trump critic, slammed the post.
Michael Del Monte ，内容为转载编译，仅为呈现不同市场观点与研究视角，并不意味着本公众号对文中观点结论认可。 超威半导体（ AMD ）2025 财年收官业绩表现强劲，营收实现乐观增长，同时利润率大幅改善 。公司规划雄心勃勃，计划在 2026 年下半年推出 MI400 系列 GPU，2027 财年发布 MI500 系列 GPU。随着 AI 开发者与企业开始扩充 AI 推理专用算力，A...
Erik Isakson/DigitalVision via Getty Images Overview With markets experiencing high levels of volatility driven by earnings season, it may be shaking some investors out of their more growth oriented positions. AI is a tricky sector because, on one hand, it can provide massive growth potential through improved operating efficiency. On the other hand, companies have allocated massive amounts of capi...
Erik Isakson/DigitalVision via Getty Images Overview With markets experiencing high levels of volatility driven by earnings season, it may be shaking some investors out of their more growth oriented positions. AI is a tricky sector because, on one hand, it can provide massive growth potential through improved operating efficiency. On the other hand, companies have allocated massive amounts of capital towards capital expenditures, and this has caused investors to question whether or not these rising costs are worth it. While these sectors face volatility, the real estate sector can still provide some tech exposure but with much more stability. This is where the Cohen & Steers Total Return Realty Fund ( RFI ) comes in. Looking at the performance over the last twelve months, we can see that RFI's share price has declined by 6.25%. As the real estate sector continues to face headwinds related to interest rates, RFI's share price has struggled to regain positive price momentum. When including all distributions that were paid out to shareholders, we can see that RFI's total return jumps up to 2% over the same time frame. RFI now offers investors a starting dividend yield of 8.5%, while issuing payouts on a monthly basis. Despite the fund's variable earnings, RFI has done a great job at keeping payouts within a consistent range over its lifetime. Data by YCharts When I previously covered RFI, I issued a hold rating because the fund's performance underperformed against more capable peers. However, I wanted to revisit the fund's performance and take a more dedicated look at how RFI can still be a solid choice for investors seeking stability and a reliable monthly dividend. Furthermore, I believe that RFI is indirectly aligned to participate in the expansion of AI by providing exposure to the 'picks and shovels' of the sector. So let's start by taking a look at the underlying strategy that RFI implements to generate its earnings. Fund Strategy According to the latest fact she...
Shyam Sankar, the chief technology officer and executive vice president of Palantir Technologies, told Fox News Digital that artificial intelligence will be a “massively meritocratic force” within the workplace and offered advice to corporate leaders on how to best position their companies and employees for success. As AI adoption becomes an increasingly essential part of staying ahead of the curv...
Shyam Sankar, the chief technology officer and executive vice president of Palantir Technologies, told Fox News Digital that artificial intelligence will be a “massively meritocratic force” within the workplace and offered advice to corporate leaders on how to best position their companies and employees for success. As AI adoption becomes an increasingly essential part of staying ahead of the curve across industries, many executives feel growing pressure to keep pace with other corporations already leveraging the technology. Sankar explained how business leaders facing that pressure can use AI-driven disruptions of typical workflows to their advantage. “The most important advice I’d have for corporate leaders is to recognize that AI is going to be a massively meritocratic force. It’s going to upset your existing organizational structure,” he told Fox News Digital. PALANTIR’S SHYAM SANKAR: US MUST USE AI AS ‘SLINGSHOT’ AGAINST CHINA OR FACE ECONOMIC DEFEAT “You need to be highly attuned to looking at the pockets of emergent talent… the talent’s always been there, but because of AI, it’s so clear that they’re having an impact. And in the spirit of that meritocracy, reorganize your company around the emerging talent pockets, lean into that disruption,” Sankar added. Addressing fears of doomsday scenarios in which AI replaces traditional labor and leads to mass job losses, the Palantir CTO said anxiety over technological advancements is nothing new and dates back as far as the 16th century. “Well, of course, if we look through history, every time we have a new, profound technology, there is an incredible amount of fear,” Sankar explained. “You can go back to Elizabeth I, who refused to grant a patent on a sewing machine because she thought it might lead to mass unemployment. What you really see is that we’re listening to the wrong people. Every time you have one of these revolutions — whether it’s the telescope, or the microscope, or the power loom — it’s very tempting ...