格隆汇2月2日｜广东省发展改革委2月2日印发《广东省2026年优化市场化一流营商环境工作方案》。《工作方案》提出，推动碳排放权交易市场建设，支持广州期货交易所推进碳排放权期货市场建设，适时研究推出碳排放权相关的期货品种。

Even if a company is profitable, it doesn’t always mean it’s a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential. A business making money today isn’t necessarily a winner, which is why we analyze companies across multiple dimensions at StockStory. That said, here is one profitable company that leverages its financial strength to beat the competition and two that may face some trouble. Two Stocks to Sell: Entegris (ENTG) Trailing 12-Month GAAP Operating Margin: 15.5% With fabs representing the company’s largest customer type, Entegris (NASDAQ:ENTG) supplies products that purify, protect, and generally ensure the integrity of raw materials needed for advanced semiconductor manufacturing. Why Do We Avoid ENTG? Annual sales declines of 6.1% for the past two years show its products and services struggled to connect with the market during this cycle Demand will likely be soft over the next 12 months as Wall Street’s estimates imply tepid growth of 2.4% Low free cash flow margin of 9.3% declined over the last five years as its investments ramped, giving it little breathing room At $118.17 per share, Entegris trades at 42.1x forward P/E. To fully understand why you should be careful with ENTG, check out our full research report (it’s free). Allient (ALNT) Trailing 12-Month GAAP Operating Margin: 7.6% Founded in 1962, Allient (NASDAQ:ALNT) develops and manufactures precision and specialty-controlled motion components and systems. Why Does ALNT Fall Short? Annual sales declines of 3.2% for the past two years show its products and services struggled to connect with the market during this cycle Issuance of new shares over the last two years caused its earnings per share to fall by 5.7% annually, even worse than its revenue declines Low returns on capital reflect management’s struggle to allocate funds effectively, and its decreasing returns suggest its historical profit centers are aging Allient...

格隆汇2月2日｜摩根大通将宝马的目标价从89欧元上调至100欧元。

受大宗商品价格走软影响，周一印尼股市再次出现抛售潮，这使得监管机构提振东南亚最大股市信心的努力变得更加复杂。 基准雅加达综合指数下跌幅度一度高达5.7%，其中矿业和能源股跌幅最大。下跌反映了区域避险情绪加剧；此前美国总统唐纳德·特朗普提名美联储新主席后，金属价格暴跌，美元走强。 在MSCI上周发布了关于印尼可投资性的警告后，印尼正努力避免市场评级被下调。监管机构随后宣布了一系列改革措施以遏制下跌，其中包括指示主权财富基金Danantara要求资产管理公司买入股票，并宣布计划将最低自由流通股比例提高一倍至15%。 长期的大宗商品下跌可能迫使监管机构“以更具防御性的方式重新制定改革方案，更加注重短期稳定和缓冲措施”，Allspring Global Investments基金经理Gary Tan表示，“这可能会减缓改革势头，并使旨在提高印尼长期投资吸引力的改革努力变得更加复杂。” 近日宣布的改革措施，以及金融监管机构和交易所负责人辞职，有助于提振市场情绪，基准指数在连续两日下跌后于上周五反弹。然而，许多人仍然不确定这些措施是否足以满足指数编制机构MSCI的要求。 责任编辑：王永生

Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains. This unpredictability can shake out even the most experienced investors. These stocks can be a rollercoaster, and StockStory is here to guide you through the ups and downs. That said, here are three volatile stocks best left to the gamblers and some better opportunities instead. More from Yahoo Scout Why is Asana considered a risky volatile stock? What makes QuidelOrtho a concerning investment choice? What challenges are driving Beyond Meat's stock decline? How does stock volatility affect investment risk profiles? Asana (ASAN) Rolling One-Year Beta: 1.39 Born from the founders' frustration with the inefficiencies of email-based collaboration at Facebook, Asana (NYSE:ASAN) provides a work management platform that helps organizations track projects, set goals, and manage workflows in a centralized digital workspace. Why Do We Avoid ASAN? Products, pricing, or go-to-market strategy may need some adjustments as its 9.3% average billings growth over the last year was weak Customers have churned over the last year due to the commoditized nature of its software, as reflected in its 95.7% net revenue retention rate Complex implementation process for enterprise clients means customers take longer to ramp up, as seen in its extended payback periods Asana’s stock price of $10.25 implies a valuation ratio of 2.9x forward price-to-sales. Dive into our free research report to see why there are better opportunities than ASAN. Beyond Meat (BYND) Rolling One-Year Beta: 2.62 A pioneer at the forefront of the plant-based protein revolution, Beyond Meat (NASDAQ:BYND) is a food company specializing in alternatives to traditional meat products. Why Should You Sell BYND? Declining unit sales over the past two years show it’s struggled to move its products and had to rely on price increases Capital intensity has ramped up over the last year as its free cas...

凯文·沃什的提名标志着美联储进入一个充满变数的新阶段，各种矛盾特质使得对其未来政策的预判极为困难 资料图：凯文·沃什（Kevin Warsh）。图：IC photo 2026年1月30日，美国总统特朗普正式宣布提名凯文·沃什（Kevin Warsh）接替杰罗姆·鲍威尔（Jerome Powell）担任美联储主席。这一人事任命在市场预期之中，却仍引发金融市场的剧烈波动——美股下跌，美元走强，贵金属暴跌，长期国债收益率上升。这种看似矛盾的市场反应，折射出投资者对这位新任美联储主席的复杂情绪：既期待其专业背景带来的稳定性，又担忧其在政治压力下的独立性。 沃什的提名标志着美联储进入一个充满不确定性的新时代。作为曾在2006至2011年担任美联储理事的"老将"，沃什既熟悉央行的运作机制，又深谙华尔街的游戏规则。但他面临的挑战前所未有：如何在白宫强大的降息压力、居高不下的通胀率、以及美联储独立性受到严重质疑的背景下，平衡货币政策的多重目标？本文将从美联储独立性、美国经济前景、货币政策走向、金融行业和证券市场五个维度，深入分析这一人事变动对美国未来经济发展的影响。 推荐进入 财新数据库 ，可随时查阅宏观经济、股票债券、公司人物，财经数据尽在掌握。

韩国股市周一大幅下挫，监管机构为抑制市场波动，宣布股市短暂停牌。 韩国综合 200 指数期货盘中跌幅超 5%，引发市场运营机构暂停股票交易。 韩国交易所于当地时间中午 12 点 31 分启动旨在遏制股市过度波动的 “临时停牌”（Sidecar）机制，暂停卖出委托指令五分钟。该机构表示，目前交易已恢复。 受近期上涨后获利了结行为影响，SK 海力士、三星电子等大盘科技股走弱，拖累韩国综合股价指数在午后交易中下跌 5.1%，报 4958.30 点。 该指数即将终结连续四个交易日的上涨走势。 此次是监管机构首次出手缓和市场过度波动，韩国交易所在去年曾三次启动该 “Sidecar” 机制。 责任编辑：王永生

2月2日，广东省发展改革委印发《广东省2026年优化市场化一流营商环境工作方案》。《工作方案》提出，推动碳排放权交易市场建设，支持广州期货交易所推进碳排放权期货市场建设，适时研究推出碳排放权相关的期货品种。 免责声明： 风险提示：本文内容仅供参考，不代表同花顺观点。同花顺各类信息服务基于人工智能算法，如有出入请以证监会指定上市公司信息披露平台为准。如有投资者据此操作，风险自担，同花顺对此不承担任何责任。

Oil prices rose more than 1.5% in Asian trade on Thursday, on increasing concerns of a U.S military attack on Iran that could disrupt supply from the region. Anton Petrus | Moment | Getty Images Oil prices slid Monday as investors dialed back fears of a supply shock after U.S. President Donald Trump's statements on Iran signaled a possible easing in tensions between Tehran and Washington. Trump has repeatedly warned Iran of a possible intervention if it failed to reach a nuclear deal or continued cracking down on domestic protests, which Tehran claims are fueled by the West. On Saturday, he told reporters that Iran was "seriously talking" with the U.S . His comments came after Iran's top security official Ali Larijani said on X that preparations for negotiations were under way. Oil prices rose to a six-month high recently amid fears the United States could carry out a military strike against Iran. Washington last week deployed a "massive Armada" to Iran, a move that raised fears of a confrontation with Iran. Global benchmark Brent fell as much as 6.4% to $66.15 a barrel on Monday, and was last 4.41% lower. The U.S. West Texas Intermediate futures was 4.75% lower at $62.11 per barrel. Andy Lipow, president of Lipow Oil Associates, said the renewed slide in prices follows reports that Washington and Tehran have been communicating through intermediaries, raising hopes that tensions could ease rather than spiral. "The talks are happening at the same time Iran is threatening a regional war should they be attacked, which could lead to substantially higher oil prices, an outcome that the Trump Administration would like to avoid," he told CNBC. Marko Papic, BCA Research macro and geopolitical strategist, added that the U.S. administration's sensitivity to oil prices could act as a brake on further escalation. "I do think that President Trump is concerned that if oil prices go up to, you know, $70-$80, he's going to get even further into a hole ahead of the midterms." The U....

美國總統特朗普近日明確指要對古巴進行實質石油封鎖，又宣稱要對出售石油給古巴的國家加徵關稅。新華社專訪古巴學者，指出美國對古巴實施的新一輪石油封鎖，已超越傳統意義上的制裁或禁運，是一場 「經濟戰爭」 ，其直接後果是讓古巴民眾的生活更加艱難。 美國行政令威脅加徵關稅 學者稱屬「精確計算的經濟戰爭」 美國總統特朗普於1月29日簽署行政令，威脅對向古巴提供石油國家的輸美商品加徵從價關稅。哈瓦那大學國際經濟研究中心研究員路易斯·雷內·費爾南德斯在專訪中分析，此舉將使古巴經濟運行承受更大壓力，「更像是一場經過精確計算的經濟戰爭」。 他進一步指出，美方持續監控古巴可能獲得的任何收入來源，並試圖切斷相關渠道，直言 「（古巴）幾乎所有能夠產生外匯的領域都受到限制」。 旅遊業遭打擊 學者批美方「安全威脅」指控無依據 費爾南德斯表示，旅遊業長期是古巴重要的外匯來源之一，但美國對古巴實施的旅行限制措施，直接影響了古巴的外國遊客數量。他認為，若不存在這些人為障礙，憑藉地理位置和文化吸引力，古巴本可以接待更多遊客，從而促進經濟發展。 對於美方將古巴描述為 「安全威脅」 ，費爾南德斯反駁這毫無事實依據。他強調，古巴並未對美國構成任何軍事或安全威脅，相反，古巴在打擊毒品走私和跨國犯罪等方面，一直與相關國家保持合作。 斥美視拉美為「專屬區域」 外部壓力或增強社會凝聚力 費爾南德斯批評，新版美國國家安全戰略報告視拉丁美洲和加勒比地區為美國的 「專屬區域」 。他指這種觀念對於美國來說並不新鮮，但從未像現在這樣 「公開、赤裸、粗暴地表達出來」。 他警告：「真正可能引發地區不穩定的，恰恰是外部強行推動的所謂『政權更迭』。」然而，費爾南德斯亦指出，歷史經驗表明，當一個國家在外部壓力下遭受不公對待時，社會凝聚力反而可能增強。這番言論反映了古巴在面對長期經濟封鎖下的社會心理與應對態度。

香港官方通报，今年首次录得基孔肯雅热输入个案，两名患者曾到访东非国家塞舌尔。 据香港政府公报，香港卫生署卫生防护中心通报，截至星期天（2月1日）下午5时，中心录得两宗新增感染基孔肯雅热输入个案。 首宗个案涉及一名住在九龙城区的55岁女子。初步调查显示，她在1月19日至25日到访塞舌尔，在上星期二（27日）出现关节痛，翌日出现皮疹。她在上星期五（30日）到威尔斯亲王医院急症室求医，获安排入院在无蚊环境下接受治疗。 另一宗个案涉及住在中西区的55岁男子。初步调查显示，他在1月25日至28日独自到访塞舌尔，在上星期五出现发烧、关节痛和皮疹，上星期六（31日）到私家医院求医，之后获安排到玛丽医院，在无蚊环境下接受治疗。 两名病人的血液样本对基孔肯雅病毒呈阳性反应，目前情况稳定。两人各有一名家居接触者（其中一人也曾到塞舌尔），暂时没有出现病征，正接受医学监察。 由于两名病人在潜伏期曾先后到访塞舌尔，中心认为他们是在外游期间受到感染，属输入个案，会把个案通报当地卫生局。初步调查显示两宗个案没有流行病学关连。 香港今年累计录得两宗基孔肯雅热确诊个案，全部属输入个案。香港去年录得82宗基孔肯雅热确诊个案中，11宗属本地个案，其余全部属输入个案。

Chinese EV maker NIO ( NIO ) delivered 27,182 vehicles in January, representing an increase of 96.1% year-over-year. The deliveries consisted of 20,894 vehicles from the company’s premium smart electric vehicle brand NIO, 3,481 vehicles from the family-oriented smart electric vehicle brand ONVO, and 2,807 vehicles from the company’s small smart high-end electric car brand FIREFLY. Cumulative deliveries reached 1,024,774 as of January 31, 2026. More on NIO NIO: The Patient Wait For Consistent Profits NIO: A Few Reasons To Believe Breakeven Remains Close NIO Is Not Worth Your Hard-Earned Money Are Chinese electric vehicles heading to the U.S. in the future? China threatens penalties for carmakers amid price war crackdown

格隆汇2月2日｜国家金融监督管理总局最新发布的数据显示，2025年保险业原保险保费收入达到61194亿元，同比增长7.43%。其中，财产险原保险保费收入为14703亿元，同比增长2.60%；人身险原保险保费收入为46491亿元，同比增长9.05%。2025年末，保险业总资产为413145亿元，相比2024年末增长15.06%。从不同经营主体看，2025年财产险公司原保险保费收入17570亿元，同比增长3.92%；人身险公司原保险保费收入43624亿元，同比增长8.91%。

【有線新聞】醫管局初生嬰兒篩查計劃十年來已為十萬名嬰兒進行檢查，計劃逐步將服務擴展至私家醫院，為更多寶寶抽血檢驗，及早醫治多種遺傳病或罕見病。 初生嬰兒患遺傳病或罕見病早期病徵不明顯，及早識別及醫治減低寶寶出現嚴重身體機能及發展問題的機會。八家公立醫院由2015年起，已為十萬名寶寶進行初生嬰兒篩查計劃，為寶寶檢驗先天性代謝病、脊髓肌肉萎縮症及嚴重聯合免疫缺陷等30種疾病；由20年10月至25年6月期間，成功為四十多個確診相關疾病的寶寶提供支援和及早介入治療。 醫管局去年中起將服務擴展到養和及港怡醫院，至今已為約700名寶寶進行檢查。醫院管理局質素及安全總監黃立己：「我們認為我們香港出生的寶寶如果得不到這些服務的話，有機會影響到他將來健康，長遠而言亦對香港的醫療體系是一個沉重壓力。現在新生嬰兒出生率下降，我們以前已有的資源其實足夠可以應付現時全港出生的寶寶。」 有關篩查只需在寶寶腳底穿刺，收集幾滴血液就可用於檢測，最佳檢測時間為寶寶出生的首24至72小時，只需幾天便知道結果，醫管局稱準確度超過99%。香港兒童醫院病理學部顧問醫生麥苗：「我們的前線醫護人員很積極解説，讓父母明白這個篩查的重要性、認識罕有病，對寶寶的測試是非常重要，結果可幫助到寶寶一生，就好像寶寶的第一份生日禮物。」 醫管局已同多間私家醫院洽談，上半年會有其他私家醫院加入計劃。

格隆汇2月2日｜摩根士丹利发表研报指，虽然近日环球市场表现波动，港股和A股市场亦于上周五显著回调，但仍相信有效的A股降温措施、美元兑人民币走强，以及对香港的长期监管支持初见成效，可持续为A股及港股市场提供正面流动性支持。 大摩又指，年初至今投资者经历了一轮较长的牛市行情，加上临近农历新年，因此会出现部分获利离场情况，目前在A股市场中偏好大型股多于小型股；若全球波动趋向缓和，则更偏好港股。 该行认为，全球其他地区的地缘政治不确定性上升，将有助提升中国资产吸引力，港股市场将因其估值仍属合理、全球投资者仓位较少、股票投资机会众多，以及新股市场非常活跃等因素，成为投资者首选市场，相信短期内港股可应跑赢A股市场，但最终将取决于全球波动能否快速消退。

文章提及标的 人形机器人 -- 小鹏汽车-W -- 小鹏（HK9868）全新一代人形机器人（886069）Iron在深圳进行首次线下公开行走演示，期间多次完成流畅步态展示，但其中一次站立时突然侧向摔倒。对于此次“翻车”，小鹏汽车（HK9868）董事长何小鹏（HK9868）作出回应。(澎湃新闻)

Yes, starting earlier doesn’t have to mean bowing to US The first time I covered the Australian Open, in 2001, the final began at 2pm. Andre Agassi beat Arnaud Clement in a lopsided final that lasted one hour, 46 minutes. This year marked my 18th visit and on Sunday I wondered aloud (on the internet) why, since 2005, the Australian Open men’s final has been played at night, when Wimbledon, the US Open and Roland-Garros are all afternoon starts. Overseas broadcast rights are incredibly lucrative, of course. Tennis Australia has invested millions of dollars in the expansion and improvement of Melbourne Park and the Australian Open, paying the players far more prize money than in the past. That money has to be recouped, so having the men’s final at night, also offering fans hours to be in the grounds and spend money, makes sense. European TV and Asian TV, the latter an especially big source of income for Tennis Australia, like the evening start, because the time zones work nicely. In the US, though, 7.30pm Melbourne time equates to 3.30am in New York. Many people mentioned the heat. Well, the Australian Open has a heat rule so if it’s too hot, they close the roof and the players and crowd are in air-conditioning. The fans in the grounds watching on big screens need more shade, yes, but the tournament has pledged to improve that in future years. What about the 6pm News, an institution in Australia? In this era of 24-hour news and streaming, how many people even watch just one thing these days? Younger people, whom Tennis Australia want to attract, watch TV in different ways, even watching TV and their phone at the same time. And with children back to school today, many young people could not watch, while staying up late was problematic for parents too. As it happened, the final on Sunday finished around 11pm, which is a lot earlier than it might have been. Had Carlos Alcaraz and Novak Djokovic gone to a fifth set, it would have been well past midnight. Many, including s...

"Too big to fail" is how we would describe the megacap stocks in this article today. While they will likely stand the test of time, it’s not all sunshine and rainbows as their scale can limit their ability to find new sources of growth. This dynamic can trouble even the most skilled investors, but luckily for you, we started StockStory to help you navigate these trade-offs and uncover exceptional companies that break the mold. Keeping that in mind, here are two industry titans with attractive long-term potential and one whose momentum may slow. One Mega-Cap Stock to Sell: Tesla (TSLA) Market Cap: $1.62 trillion Originally founded by Martin Eberhard and Marc Tarpenning in 2003, Tesla (NASDAQ:TSLA) is an electric vehicle company accelerating the world’s transition to sustainable energy. Why Do We Avoid TSLA? Tesla's scale advantage in EV production leads to gross margins that exceed incumbents such as General Motors and Ford. However, a softer macroeconomic backdrop and tariff pressures have weighed on automobile sales, which are highly cyclical. The company's execution ability is a question mark given its long history of delays, such as the Cybertruck and Robotaxi launches. Its sizeable investments in projects with uncertain return timelines, like Optimus, also raise skepticism from investors. On the bright side, Tesla's Megapack product solves a critical problem for utilities needing renewable energy storage solutions. This innovation has made the energy segment the most profitable and fastest-growing business line for the company. Tesla’s stock price of $429.52 implies a valuation ratio of 207.2x forward price-to-earnings. Read our free research report to see why you should think twice about including TSLA in your portfolio, it’s free. Two Mega-Cap Stocks to Watch: Micron (MU) Market Cap: $467 billion Founded in the basement of a Boise, Idaho dental office in 1978, Micron (NYSE:MU) is a leading provider of memory chips used in thousands of devices across mobile, da...

Joe Raedle/Getty Images News Walt Disney's ( DIS ) board is set to name theme park unit chairman Josh D'Amaro as the company's new CEO and will vote on naming a new leader in the coming week, Bloomberg reported Sunday. If approved, D'Amaro would succeed Bob Iger, who was Disney's ( DIS ) CEO during the 2005-20 period and returned to the top spot in 2022; recent reports said Iger wants to resign from his leadership position before his employment contract expires on December 31. D'Amaro joined Disney ( DIS ) in 1998 after previously working for Gillette and was promoted primarily through the company's theme park ranks, working in major roles at resorts in California, Florida and Hong Kong. Disney's ( DIS ) four division heads - D'Amaro, entertainment co-chairs Dana Walden and Alan Bergman , and sports chair Jimmy Pitaro - all were competing for the top role when Iger returned. Disney ( DIS ) is scheduled to report FQ1 earnings on February 2 and is expect ed to hold its annual shareholder meeting on March 18. More on Walt Disney Disney: Q1 2026 May Bring Forth Outsized Performance - Reiterate Buy Disney: Passing The Baton As The IP Wars Begin - Strong Buy Disney: 2026 Could Be The Year The Story Finally Turns

2025年GDP过万亿的普通地级市10个，比上一年增加1个 在直辖市、省会城市、计划单列市外，一些普通地级市的经济发展也十分强劲，在区域经济发展具有重要的带动引领作用。 在2025年温州GDP突破万亿大关后，当前已有10个普通地级市跻身GDP万亿城市行列，包括江苏的苏州、无锡、南通、常州，广东的佛山、东莞，福建泉州、山东烟台、河北唐山、浙江温州。 其中，苏州多年来一直在普通地级市位居第一。作为经济“最强地级市”，苏州市统计局2月2日公布2025年苏州市经济运行情况显示，根据江苏省地区生产总值统一核算结果，2025年苏州市实现地区生产总值27695.1亿元，按不变价格计算，比上年增长5.4%。 苏州近年来经济转型升级走在地级市前列，工业制造业十分发达。数据显示，2025年，苏州工业“压舱石”作用凸显。全市工业对经济增长的贡献率达53.0%。规模以上工业总产值达4.9万亿元。前六大主导行业实现产值32088.4亿元，比上年增长4.0%，对规模以上工业总产值增长贡献率达67.3%。 1月21日，江苏爱舍伦医疗科技集团股份有限公司在北京证券交易所上市，成为2026年江苏省及苏州市首家新增A股上市公司。另外，数据统计显示，2025年A股共计116家企业首发上市，苏州企业数量多达12家，相当于每10家新上市公司中就有1家来自苏州，超过一线城市，位居各城市第一位。 苏州之后，同处苏南的无锡经济总量长期位居普通地级市第二位。数据显示，2025年全年全市实现地区生产总值16773.94亿元，按不变价格计算，同比增长5.1%。从县域经济来看，当前中国县域GDP前五强中，有4个位于苏南地区，即“苏南四小龙”（昆山、江阴、张家港和常熟），其中昆山、张家港和常熟来自苏州，江阴来自无锡。 2025年GDP过万亿的普通地级市达到10个，比上一年增加1个。温州市统计局的数据显示，根据地区生产总值统一核算结果，2025年，全市地区生产总值（GDP）历史性迈上万亿台阶，达10213.9亿元，按不变价格计算，比上年增长6.1%，分别高于全国、全省1.1和0.6个百分点。 其中，2025年，温州全市规上工业增加值比上年增长10.3%，持续领跑全省。分行业看，33个行业大类中，28个行业增加值实现正增长，增长面达84.8%，12个行业保持两位数增长。优势产业巩固提升，规上汽车零部件、电气产业增加值分别比上年...

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We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. China’s visa-free waivers spark Korean travel boom, underpin tourism revival 2. China’s PLA tightens fuel rules as US investigates cause of twin air crashes 3. Failures on 2 fronts led to Hong Kong’s seat belt U-turn, experts say 4. China’s new YJ-18C missile: a logistics killer for US Navy? 5....

近期美元持續走弱，導致歐元匯率顯著升值，引發歐洲經濟體廣泛關注。截至1月31日，歐元兌美元匯率維持在 1兌1.19 高位附近震盪，此前更一度突破 1兌1.20，創下自2021年6月以來最高水平。過去一年中，歐元累計升值約 14.4%，市場分析認為，這主要受到美國經濟政策不確定性及投資者避險情緒推動。 歐洲央行憂慮升溫 貨幣政策面臨複雜性 多位歐洲央行政策制定者對歐元快速升值表達擔憂。歐洲央行副行長路易斯·德金多斯指出，若匯率進一步升高，政策操作將面臨更大複雜性。法國央行行長弗朗索瓦·維勒魯瓦·德加約表示，美元走軟反映市場對美國經濟政策信心下降，但歐元升值可能進一步壓低物價增長，這在當前通脹水平已低於歐洲央行 2% 目標的情況下尤為不利。奧地利央行行長馬丁·科赫爾認為，歐元升值可能迫使歐洲央行重新評估貨幣政策立場，以應對經濟增長和價格穩定的雙重壓力。 出口持續受壓 通脹低於目標 歐元升值已對歐洲出口和經濟增長產生實質性影響。歐盟統計局1月發布的報告顯示，2025年11月歐元區對世界其他國家和地區的出口額約為 2,402億歐元，同比下降 3.4%，貿易順差從2024年11月的154億歐元縮減至99億歐元，顯示出口持續承壓。2025年12月歐元區通脹率降至 1.9%，低於歐洲央行目標。在通脹本就偏低的背景下，歐元升值進一步增加出口企業的成本壓力，並可能抑制經濟復蘇的步伐。 凱投宏觀歐元區副首席經濟學家傑克·艾倫-雷諾茲指出，歐元升值直接削弱歐洲製造業出口競爭力，是當前影響歐洲經濟復蘇的重要因素。 德國出口導向型經濟受衝擊明顯 在對出口依賴度較高的歐洲國家，歐元升值的影響更加明顯。德國總理默茨指出，美元走弱已對德國產品出口帶來顯著壓力，使得企業在國際市場上的價格競爭力下降。德國批發和外貿協會主席迪爾克·揚杜拉表示，中型企業對沖能力有限，更難應對匯率波動帶來的成本上升。近年來，德國經濟在經歷連續兩年衰退後僅出現有限回升，在外部需求承壓和國際競爭加劇背景下，歐元升值進一步壓縮企業盈利空間。 金融渠道潛在壓力與貨幣政策考驗 美元疲軟也通過金融渠道對歐元區經濟形成潛在壓力。德國聯邦金融監管局局長馬克·布蘭森表示，金融市場可能質疑美元作為全球儲備貨幣的地位，而歐洲銀行依賴美元短期再融資償還債務的機制，在市場波動下可能出現「流動性瓶頸」。 歐洲央行貨幣政策正面臨新的考驗。意大利歐洲政策...

近期美元持續走弱，導致歐元匯率顯著升值，引發歐洲經濟體廣泛關注。截至1月31日，歐元兌美元匯率維持在 1兌1.19 高位附近震盪，此前更一度突破 1兌1.20，創下自2021年6月以來最高水平。過去一年中，歐元累計升值約 14.4%，市場分析認為，這主要受到美國經濟政策不確定性及投資者避險情緒推動。 歐洲央行憂慮升溫 貨幣政策面臨複雜性 多位歐洲央行政策制定者對歐元快速升值表達擔憂。歐洲央行副行長路易斯·德金多斯指出，若匯率進一步升高，政策操作將面臨更大複雜性。法國央行行長弗朗索瓦·維勒魯瓦·德加約表示，美元走軟反映市場對美國經濟政策信心下降，但歐元升值可能進一步壓低物價增長，這在當前通脹水平已低於歐洲央行 2% 目標的情況下尤為不利。奧地利央行行長馬丁·科赫爾認為，歐元升值可能迫使歐洲央行重新評估貨幣政策立場，以應對經濟增長和價格穩定的雙重壓力。 出口持續受壓 通脹低於目標 歐元升值已對歐洲出口和經濟增長產生實質性影響。歐盟統計局1月發布的報告顯示，2025年11月歐元區對世界其他國家和地區的出口額約為 2,402億歐元，同比下降 3.4%，貿易順差從2024年11月的154億歐元縮減至99億歐元，顯示出口持續承壓。2025年12月歐元區通脹率降至 1.9%，低於歐洲央行目標。在通脹本就偏低的背景下，歐元升值進一步增加出口企業的成本壓力，並可能抑制經濟復蘇的步伐。 凱投宏觀歐元區副首席經濟學家傑克·艾倫-雷諾茲指出，歐元升值直接削弱歐洲製造業出口競爭力，是當前影響歐洲經濟復蘇的重要因素。 德國出口導向型經濟受衝擊明顯 在對出口依賴度較高的歐洲國家，歐元升值的影響更加明顯。德國總理默茨指出，美元走弱已對德國產品出口帶來顯著壓力，使得企業在國際市場上的價格競爭力下降。德國批發和外貿協會主席迪爾克·揚杜拉表示，中型企業對沖能力有限，更難應對匯率波動帶來的成本上升。近年來，德國經濟在經歷連續兩年衰退後僅出現有限回升，在外部需求承壓和國際競爭加劇背景下，歐元升值進一步壓縮企業盈利空間。 金融渠道潛在壓力與貨幣政策考驗 美元疲軟也通過金融渠道對歐元區經濟形成潛在壓力。德國聯邦金融監管局局長馬克·布蘭森表示，金融市場可能質疑美元作為全球儲備貨幣的地位，而歐洲銀行依賴美元短期再融資償還債務的機制，在市場波動下可能出現「流動性瓶頸」。 歐洲央行貨幣政策正面臨新的考驗。意大利歐洲政策...

AI spending is just getting started. Although there are fears of an AI bubble forming, one area where that isn't happening is in the computing space. The reality is, AI hyperscalers are spending as much money as they can get their hands on to build out their computing footprint. After that's accomplished, we'll see what the true return on investment for AI spending is. It may or may not pan out. Yet there's one thing for sure: The companies that are selling the computing equipment are bound to thrive. I think that's the best place to look for investments in the AI sector, and I've got three stocks that will lead the way. Taiwan Semiconductor No matter where you start analyzing AI spending, nearly all roads circle back to Taiwan Semiconductor Manufacturing (TSM 2.65%). Taiwan Semiconductor is the world's largest chip foundry, and makes logic chips that power essentially every computing device used in artificial intelligence. While there are some other foundry options, none are as large or technologically advanced as TSMC (as the company is known). With each company involved in the AI buildout pushing the limits of what's possible, it makes little sense to explore an alternative supplier, so most go with the best regardless of cost, which is why Taiwan Semiconductor has excelled as of late. Expand NYSE : TSM Taiwan Semiconductor Manufacturing Today's Change ( -2.65 %) $ -8.99 Current Price $ 330.56 Key Data Points Market Cap $1.7T Day's Range $ 329.10 - $ 339.90 52wk Range $ 134.25 - $ 351.33 Volume 95K Avg Vol 13M Gross Margin 59.02 % Dividend Yield 0.93 % TSMC's management foresees massive AI chip demand and announced its expectation to spend between $52 billion and $56 billion on increased production capacities. CEO C.C. Wei noted that he was "nervous" about spending that much money on increasing production capacities, but after meeting with several of his clients over the past few months, he's confident in that decision. This is reflected in their long-term outloo...

AI Spending Is Set to Boom Over the Next Five Years. Here Are 3 Stocks That Will Lead the Way. fool.com

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Li Auto (NasdaqGS:LI) is dismantling its autonomous driving team as part of a major organizational restructuring. The company plans to develop humanoid robots alongside its automotive operations, with embodied intelligence set as a core pillar of its future strategy. Autonomous driving efforts and related work are being realigned under a broader hardware focused entity inside the company. Li Auto, best known for its extended range and electric vehicles in China, is now tying its future more closely to advanced AI hardware through this restructuring. By folding autonomous driving work into a hardware centric entity and adding humanoid robots to its roadmap, the company is redefining how it allocates talent, capital, and R&D attention across its portfolio. For you as an investor following NasdaqGS:LI, this move raises fresh questions about execution risk, capital intensity, and time horizons for any new product lines. It also puts Li Auto in a broader group of companies looking at AI, robotics, and vehicles as a connected ecosystem, which could influence how the market eventually thinks about its business mix and long term optionality. Stay updated on the most important news stories for Li Auto by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Li Auto. NasdaqGS:LI 1-Year Stock Price Chart How Li Auto stacks up against its biggest competitors The restructuring pushes Li Auto’s autonomous driving work into a broader hardware-centric group while adding humanoid robots to the same umbrella. This signals a leadership decision to treat vehicles and robots as one product family of embodied-intelligence devices. For you, that raises questions about whether management can keep focus on core vehicle programs at a time when January deliveries fell 7.55% year on year and the company is already dealing wi...

franckreporter U.S. stock futures fell on Sunday as gold and silver extended last Friday’s steep selloff, setting a cautious tone at the start of a new month on Wall Street. The S&P 500 ( SP500 ) fell 0.43%, the Dow (