Individual stock ownership is a contrarian indicator. It’s flashing a warning.

The Bullish And Bearish Case For 2026 Authored by Lance Roberts via RealInvestmentAdvice.com, The year ahead presents both a bullish and bearish case for investors. Will 2026 be another year of above-average returns, or will it be a year of disappointment? The bulls argue that the key ingredients for a sustained rally are in place. A powerful technology cycle, aggressive corporate spending, and supportive policy measures all point to further gains. Conversely, the bears argue that key drivers are weakening, market leadership is dangerously narrow, and signs of economic strain are becoming increasingly visible beneath the surface. Following a strong 2025, many investors are now facing a different market regime. Liquidity remains ample, but concerns around valuation, employment pressure, and consumer health are rising. The outcome depends on how long optimism can prevail over reality, and whether the hoped-for gains from artificial intelligence and capital expenditures materialize in time to offset the economic drag from debt, interest rates, and inequality. Sentiment indeed remains positive, although not universally so. Equity strategists are divided, and bond markets are pricing in both rate cuts and the risk of a recession. Furthermore, while fiscal stimulus could delay any downturn, it also adds to long-term imbalances. The challenge for investors is staying objective. While both the bull and bear cases have merit, the timing of outcomes will be critical, and the reality is that in 2026, both the bullish and bearish cases could be correct. Therefore, the right strategy will be the one that adapts. Let’s break down both the bullish and bearish scenarios for 2026 and examine the arguments on each side. By assessing the macro and market drivers that shape each outlook, we can lay out clear, practical tactics to prepare your portfolio for either path. Whether the bullish or bearish case prevails in 2026, your edge will come from disciplined risk management, not from g...

Key Points Shiba Inu depends on having a strong community of supporters to hold up its price. With the price down 91% from its peak, this token’s best days might be long gone. The smart choice for long-term investors is strikingly clear. 10 stocks we like better than Shiba Inu › As a largely unregulated, rapidly evolving, and high-potential asset class, the cryptocurrency industry certainly brings in market participants looking for quick profits. Coinmarketcap.com keeps track of a whopping 31 million different digital assets. I'd say that most of these serve no purpose and solve no problem. You might first think that Shiba Inu (CRYPTO: SHIB) falls into this category. However, the meme token's price has skyrocketed since its launch in August 2020. And its market cap is a notable $4.6 billion. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » With a time horizon that spans the next 10 years, is this crypto a buy, hold, or an asset that's best avoided? Shiba Inu's community is what matters Shiba Inu has remained somewhat relevant over the years, even though the overall industry has evolved. Known as the ShibArmy, the token's strong community of supporters probably means that there is a floor that will keep Shiba Inu's price from going to zero. Just for the sake of being fans of the project, these people might choose to never sell. However, critics will argue that the community is dwindling. After all, Shiba Inu trades 91% below its peak (as of Jan. 22). This has occurred despite the overall cryptocurrency market holding up well. Maybe it's safe to assume that Shiba Inu will never return to its former glory. Therefore, long-term investors are better off avoiding this crypto altogether. Look at Shiba Inu's price chart, and it's obvious that it's heavily influenced by unpredictable hype cycles that have nothing to do with real fundamentals. This is an arena for traders that gravitate towa...

夜晚十一点，陈薇收到一条手机推送，“您的布偶猫‘球球’过去一小时内如厕三次，建议关注泌尿健康。” 随后，她打开价值3999元的AI猫砂盆配套应用，仔细查阅详细图表。 在陈薇看来，这不过是她作为一位养宠人士的日常，她不知道的是，自己为爱宠健康所支付的高额账单，正在悄然改变着这个行业的走向。 01 智能设备重构养宠体验 与传统宠物用品不同，智能宠物设备几乎都围绕“更懂你的宠物”这一核心卖点展开。这一理念的落地经历了清晰的技术演进路径。 早期阶段（2015年前）的智能宠物设备主要以基础自动化功能为主，如定时喂食器、自动饮水机等，解决了养宠中最基础的“温饱问题”。这一时期的产品智能化程度有限，更多是机械结构的电子化改造。 随着物联网技术普及（2016-2020年），智能宠物设备进入联网监控阶段。通过Wi-Fi连接和移动应用，主人可远程查看宠物状态、控制设备运行。这一阶段的代表产品包括智能摄像头、可远程控制的喂食器等，初步实现了“远程陪伴”功能。 从2021年至今，智能宠物设备进入到AI深度介入时期，设备不仅收集数据，更能通过算法进行分析预测。 智能猫砂盆通过重量传感器和图像识别技术，可监测猫咪体重变化、如厕频率和排泄物状态；AI项圈则通过运动传感器和声音分析，评估宠物活动量、睡眠质量和情绪状态。部分高端产品甚至开始整合健康预警系统，通过长期数据分析建立宠物健康基线，及时发现异常波动。 这种转变背后的根本驱动力，是中国社会结构变迁带来的情感需求转移。 数据显示，中国“一人户”数量在十年间增长了1.15倍，从2010年的6709万户增长为2020年的1.25亿户。都市青年在获得高度自主生活空间的同时，也面临着情感陪伴的结构性空缺。 宠物恰好填补了这一空缺，而智能设备则进一步强化了这种情感连接。61.5%的用户明确表示愿意为宠物的“情绪健康”付费，智能设备正从“可选配置”升级为“养宠刚需”。这种情感投射创造了一个独特的消费心理：主人通过为宠物购置高端智能设备，间接满足自己对“精致生活”的向往和对“尽责主人”的身份认同。 在“精致养宠”的风潮下，一系列高价智能设备迅速占领年轻宠物主人的生活空间。智能猫砂盆已成为多猫家庭和忙碌上班族的标配，上海市消保委测评的25款产品，价格区间从679元到2339元不等，而进口高端型号售价甚至超过7000元。 据Business Research I...

I called Micron's surge a few months ago. Here's how high I see the AI stock going this year. MSN

吸收合并海通证券所产生的负商誉计入营业外收入。 依托合并，业绩预计翻倍。1月27日晚间，国泰海通发布业绩预告称，预计实现归母净利润275.33亿元～280.06亿元，同比增加111%～115%；扣非后归母净利润210.53亿元～215.16亿元，同比增加69%～73%。 对于业绩预增的主要原因，国泰海通称，2025年公司平稳高效完成合并交易，有序推动整合融合，全面提升经营管理水平，初步实现“1+1>2”的效果。 “2025年，国内资本市场活跃度与景气度上行，公司积极把握市场机遇，充分发挥合并后的品牌优势、规模效应和互补效应，优化升级零售、机构、企业三大客户服务体系，以提升综合能力实现客户经营‘增量扩面、提质增效’，资产规模及经营业绩创历史新高，财富管理、机构与交易等业务收入同比显著增长。”国泰海通同时称，因公司吸收合并海通证券所产生的负商誉计入营业外收入。 国泰海通由国泰君安吸收合并海通证券而来，吸收合并的交割日为2025年3月14日。去年4月11日，国泰海通举行公司重组更名上市仪式，并进入全面整合融合阶段。 在27日晚间，国泰海通还披露了关于计提资产减值准备的公告。经初步评估，该公司2025年10～12月计提信用减值损失人民币16.04亿元，计提其他资产减值损失2582万元，合计计提资产减值损失16.30亿元。 此次计提资产减值准备减少国泰海通净利润11.87亿元，对净利润的影响超过该公司2024年度经审计的净利润的10%。 对此，国泰海通相关人士对第一财经称，此次减值准备计提并非公司业务经营发生不利变动，主要是由于公司完成合并重组后新增租赁业务的常规计提，以及按照非同一控制下的企业合并会计准则计提信用减值准备所致。 根据公告，国泰海通2025年新增计提长期应收款、应收融资租赁款信用减值损失（同时新增长期应收款利息收入、融资租赁收入），主要是吸收合并海通证券新增租赁业务。2025年，国泰海通完成合并重组后，子公司海通恒信开展的租赁业务成为国泰海通新增业务板块。 租赁业务的盈利模式为控制风险、保证资产质量的同时，实现利差收入扣减各项费用以及计提的信用减值准备后仍能产生盈利。“基于租赁业务这一特点，以及非同一控制企业合并的会计处理影响，国泰海通对长期应收款和应收融资租赁款进行了减值计提，减值金额未发生异常波动。”上述国泰海通相关人士称。 从计提资产减值准备的具体事项来...

gk-6mt Boeing ( BA ) shares slipped 1.5% in premarket trading Tuesday after the plane maker reported fourth quarter results that beat Wall Street expectations for earnings and revenue, with investors weighing strong delivery growth against lingering operational and financial concerns. The company ( BA ) posted an adjusted profit of $9.92 a share, well ahead of the consensus estimate for an adjusted loss of $1.39 a share. Quarterly results were heavily influenced by a $9.6 billion gain tied to the sale of its Digital Aviation Solutions business, which significantly lifted reported earnings, according to Boeing ( BA ). Revenue rose 57% from a year earlier to $23.95 billion, topping analyst expectations of $22.84 billion. Net income rose to $8.22 billion, or $10.23 a share, from a loss of $3.86 billion, or $5.46 a share, a year earlier. The company delivered 160 commercial airplanes during the quarter, reflecting improved operational performance across its production system. The 737 program lifted output to 42 a month in the quarter, while the 787 program reached eight planes a month. The company said it “remains focused on stabilizing at that rate.” Boeing ( BA ) booked 336 net orders in the quarter. President and Chief Executive Officer Kelly Ortberg said the company continued to make progress on its turnaround. “We made significant progress on our recovery in 2025 and have set the foundation to keep our momentum going in the year ahead,” he said in prepared remarks. Operating cash flow in the quarter totaled $1.3 billion, while free cash flow was $0.4 billion, supported by higher deliveries and working capital timing. Underlying pressures remain Despite the headline profit, investors appeared cautious as Boeing ( BA ) continued to report losses in key businesses. The commercial airplanes segment posted an operating loss of $632 million in the quarter, while defense, space & security recorded a $507 million operating loss that included $0.6 billion of charges on the ...

欧盟于本周二宣布出手干预，要求 谷歌 按照欧盟标志性数字监管法规的要求，向竞争对手人工智能企业及搜索引擎开放其双子座（Gemini）人工智能服务与数据的访问权限。 这个由 27 个成员国组成的联盟的行政机构表示，已启动所谓的 “细则制定程序”，以确保谷歌遵守覆盖面广泛的《数字市场法案》。该法案要求大型科技企业向小型市场参与者平等开放软硬件功能权限。 欧盟方面称，此次程序的部分内容将明确谷歌应如何让第三方人工智能企业 “同等有效地获取其自有服务所具备的全部功能”。 欧盟还将审查谷歌是否向竞争搜索引擎公平、合理地开放谷歌搜索数据，其中包括人工智能聊天机器人提供商是否有资格获取这些数据。 需要注意的是，本次启动的程序并非正式调查，且需在六个月内完成，最终由欧盟出台将强制谷歌执行的措施草案。 谷歌高级竞争法律顾问克莱尔・凯利表示，她对此次程序启动的背后原因持担忧态度。 凯利在一份声明中称：“安卓系统在设计之初就秉持开放理念，而且我们已经依据《数字市场法案》的要求，向竞争对手授权开放搜索数据。但我们担心，更多由竞争对手诉求驱动而非基于消费者利益的新规，将会损害用户隐私、安全以及技术创新。” 欧盟委员会负责竞争事务的执行副主席特雷莎・里维拉表示，欧盟此举旨在 “通过营造开放公平而非偏袒少数巨头的市场环境，充分释放这场深刻技术变革的潜力与价值”。 这一举措进一步加大了欧盟对谷歌的施压。早在去年，欧盟监管机构就已启动调查，审查谷歌是否利用网络内容训练自有人工智能模型与服务，从而为自身谋取不正当竞争优势，该反垄断审查目前仍在进行中。 责任编辑：郭明煜

格隆汇1月27日｜美元指数DXY日内跌超0.50%，现报96.55。

研究显示，尼帕病毒的人际传播效率不高，R₀估计值较低，例如在孟加拉国约为0.33。 近日，尼帕病毒在印度西孟加拉邦出现局部暴发的疫情备受媒体和公众的关注。对于该病毒的流行状态，一位疾控系统的专家表示：“中国目前尚无输入病例。” 此外，“从目前已有的流行病学研究数据看，孟加拉国的尼帕病毒的基本再生数（R₀）约为0.33。对一个病毒来讲，如果所有溢出的病毒株的R₀值均小于1，且在人体内不发生变异，那么每次溢出事件只会产生少量病例。”一位病毒学专家表示。 虽然尼帕病毒每次溢出病例数不多，但仍对全球公共卫生构成了严峻挑战，其核心难点在于极高的病死率以及可能出现复发性或迟发性脑炎等长期神经系统后遗症，这都给人类带来了极大的威胁。 病毒溢出路径 尼帕病毒的宿主是狐蝠属（Pteropus）的果蝠，分布主要集中在南亚和东南亚。该病毒偶尔会传入人类群体，并引起以脑炎或呼吸道疾病为特征的严重疾病，被世界卫生组织（WHO）列为重点研究的优先病原体。自1998年首次发现以来，该病毒在东南亚和南亚地区引发了多次致命性疫情，病死率高达40%！75%。 已有研究可知，基因组测序和系统发育分析揭示了尼帕病毒存在两个主要的遗传谱系：马来西亚株（NiV-M）和孟加拉国株（NiV-B）。目前，孟加拉国株（NiV-B）属于人际传播潜力较强的一类。（详见第一财经报道： “孟加拉株”尼帕病毒致死率更高、更可能“人传人”，印度疫情有何启示 ） 从目前的疫情看，尼帕病毒的溢出路径分为两种：一是中间宿主扩增。尼帕病毒从果蝠传递给猪，再通过接触受感染的猪或其分泌物传播给人类，主要感染人群为养猪户和屠宰场工人。在病毒溯源中发现，马来西亚养猪场有种植的果树，猪吃了被果蝠啃过的果子后感染了病毒，病毒在猪体内进行了扩增，并通过排泄物等传递给人类。 二是直接传播。在孟加拉国和印度，病毒主要通过被蝙蝠尿液或唾液污染的食物直接从蝙蝠传播给人类，没有明显的扩增宿主。饮用被污染的新鲜椰枣汁是主要的传播途径。另有研究发现，在叙利亚仓鼠模型中，通过饮用含病毒的液体成功模拟了食源性传播，证实了这一途径的可行性。但这一情况有高度的季节性，多集中在1月至5月，与椰枣汁收获季重合（果蝠污染汁液）。 不过，不排除直接处理和食用蝙蝠（丛林肉）导致人类感染亨尼帕相关病毒。 从孟加拉国等地的感染病例看，其疾病进程大多是从流感样症状到致命脑炎。目前，尼帕病...

Mattel unveils new 'KPop Demon Hunters' dolls aiming to stoke franchise longevity Reuters

Kornitzer Capital Management Inc. KS decreased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 1.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,014 shares of the semiconductor company's stock after selling 1,650 shares during the period. Kornitzer Capital Management Inc. KS's holdings in Taiwan Semiconductor Manufacturing were worth $31,005,000 as of its most recent SEC filing. Other hedge funds have also made changes to their positions in the company. Childress Capital Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 145.3% in the 3rd quarter. Childress Capital Advisors LLC now owns 3,192 shares of the semiconductor company's stock worth $891,000 after acquiring an additional 1,891 shares during the period. Powers Advisory Group LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $240,000. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 9.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 101,876 shares of the semiconductor company's stock worth $28,470,000 after buying an additional 8,738 shares in the last quarter. Hudson Edge Investment Partners Inc. grew its stake in Taiwan Semiconductor Manufacturing by 10.1% in the 2nd quarter. Hudson Edge Investment Partners Inc. now owns 236,503 shares of the semiconductor company's stock worth $53,566,000 after acquiring an additional 21,648 shares during the period. Finally, Cherokee Insurance Co purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at $1,248,000. Institutional investors and hedge funds own 16.51% of the company's stock. Get TSM alerts: Sign Up Wall Street Analysts Forecast Growth A number of research firms have weighed in on TSM. Needh...

NWF Advisory Services Inc. lifted its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 57.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,409 shares of the company's stock after acquiring an additional 9,626 shares during the quarter. NWF Advisory Services Inc.'s holdings in Palantir Technologies were worth $4,818,000 as of its most recent SEC filing. Get Palantir Technologies alerts: Sign Up Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Palantir Technologies in the second quarter valued at $3,307,457,000. Vanguard Group Inc. increased its stake in shares of Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company's stock worth $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. State Street Corp lifted its stake in Palantir Technologies by 6.9% in the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company's stock valued at $12,879,667,000 after purchasing an additional 6,097,629 shares during the last quarter. Invesco Ltd. increased its position in Palantir Technologies by 16.0% during the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company's stock worth $2,806,182,000 after buying an additional 2,838,300 shares during the last quarter. Finally, Clear Street LLC bought a new stake in Palantir Technologies in the second quarter valued at approximately $295,508,000. Institutional investors own 45.65% of the company's stock. Insider Activity at Palantir Technologies In other news, insider Shyam Sankar sold 19,004 shares of the company's stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the transaction, the insider owned 642,786...

Palantir and 5 More Stocks That Might Catch Trump’s Attention—in a Good Way Barron's

Micron Technology, Inc. (MU) stock price recorded a slight pullback in its latest intraday trading, following the stabilization of the psychological resistance level at $400.00, as the stock took profits from its previous gains while attempting to build positive momentum that could help it break above this resistance. At the same time, the stock is trying to unwind part of its clear overbought conditions on the RSI, especially with the beginning of incoming negative signals, amid continued dynamic support from trading above its SMA50 and under the dominance of the main short-term upward trend. Therefore we expect the stock price to rise in upcoming trading, especially if it succeeds in breaking above the $400.00 resistance level, to target the next resistance at $450.00. Today’s price forecast: Bullish

There is a change in the way the federal government operates that investors need to incorporate into their thinking. If they do it right, they can get some gains by holding stocks that President Donald Trump might covet. The White House often points out that Trump is a businessman and his second administration has demonstrated a willingness to do business directly with American companies.

國家主席習近平在北京會見芬蘭總理奧爾波，指中歐是夥伴不是對手，雙方合作大於競爭，共識大於分歧，希望芬蘭為推動中歐關係健康穩定發展，發揮建設性作用。 國家主席習近平表示︰「這是你第一次以總理身份訪華，也是芬蘭總理時隔17年再次對中國進行正式訪問。相信將為中芬合作注入新動力。建交76年來，無論國際情勢如何變化，中芬關係始終平穩發展，值得倍加珍惜。」

文章提及标的 沪银主力合约 -- 上期所沪银主力合约涨超2%，报28960元/千克。 黄金、白银行情爆发中，一键布局买入金银等避险资产>>

ST. PETERSBURG, Fla. -With two significant trades just before Christmas, the character and identity of the Tampa Bay Rays appear…

German American Bancorp press release ( GABC ): Q4 Non-GAAP EPS of $0.96. Revenue of $95.99M. Robust 4 th quarter return on average assets ("ROAA") of 1.67%; 1.68% as adjusted* Robust net interest margin* of 4.13% Low efficiency ratio* of 48.6% Healthy credit metrics, with annualized net charge-offs of 0.04% Strong annualized linked quarter loan growth of 7% Tangible Common Equity* ("TCE") ratio increased to 9.44%; Return on average TCE ("ROATCE")* of 19.49% 21 st consecutive year of double digit return on average shareholder equity More on German American Bancorp Seeking Alpha’s Quant Rating on German American Bancorp Historical earnings data for German American Bancorp Dividend scorecard for German American Bancorp Financial information for German American Bancorp

文化體育及旅遊局向立法會經濟發展事務委員會，介紹旅遊政策措施。旅遊界議員江旻憓關注，未來數年本港酒店的接待能力。 旅遊界議員江旻憓問：「旅客數字一直上升，(政府)很努力吸引更多過夜旅客，對香港國際影響力和經濟有很大直接幫助。我想問局長，請問未來3至5年的旅客增長這個趨勢，會評估香港酒店房間夠不夠？」 文化體育及旅遊局局長羅淑佩回答：「我們希望(旅客)穩步上升，而不是一次過有大幅飆升。在這個上升前提下，我們現時香港有9.4萬間酒店房間，比起我們在疫情前2019年，上升了一萬間，當時8.4萬間左右。現時酒店入住率是好的，全年計約百分之87左右，未來數年有4,400間新房間落成，這方面希望可以有接待力提升，令我們旅客穩步增長能夠做得到。」

《科创板日报》1月27日讯 今日科创板晚报主要内容包括：南亚新材：2025年净利同比预增337%-417% 覆铜板行业需求复苏推动产品销量增长；沐曦股份：2025年预亏6.5亿元—7.98亿元 亏损收窄；仕佳光子2025年净利同比预增426%左右 Q4业绩低于预期。 【热点聚焦】 简讯： 欧盟正式启动各成员国政府卫星通信计划 欧盟空间事务专员安德留斯•库比留斯当地时间1月27日在布鲁塞尔举行的一次会议上表示，欧盟政府卫星通信计划已于“上周”启动。该计划汇集了27个欧盟成员国政府拥有的卫星的现有通信能力。欧盟政府卫星通信计划据称是欧洲天基通信摆脱对外国供应商依赖的第一步，旨在确保关键业务的顺利开展。它允许欧盟各国政府相互租用安全的通信能力，用于敏感任务和其他政府行动，包括应急服务、警务和军事行动。该计划也被认为是欧盟启动其第三个卫星通信星座项目IRIS2的关键先导计划。IRIS2的280多颗卫星预计将为欧盟各国政府、军队、警察、应急服务部门和政府通信提供安全的天基通信黄金标准。库比留斯称欧盟政府卫星通信计划的启动是“一项非常重要的公告”。他表示，这项新兴服务的规模目前涵盖了来自五个国家的八颗卫星。这位空间专员补充说，欧盟政府卫星通信计划服务将很快增加更多带宽，通过与“商业伙伴”达成联合协议，确保通信能力，覆盖范围将扩展到“全世界”。他表示欧盟IRIS2星座的首批服务将于2029年推出。 23年来首次全面修订 《药品管理法实施条例》将于5月15日施行 国务院总理李强日前签署国务院令，公布修订后的《中华人民共和国药品管理法实施条例》，自2026年5月15日起施行。《条例》共9章89条，修订后的主要内容如下。 一是完善药品研制和注册制度。支持以临床价值为导向的药品研制和创新，鼓励研究和创制新药，支持新药临床推广和使用。明确药物非临床安全性评价研究机构资格认定程序，细化药物临床试验管理要求。设立药品上市注册加快程序，明确药品再注册程序，规定处方药、非处方药转换机制。对符合条件的儿童用药品、罕见病治疗用药品给予市场独占期，对含有新型化学成份的药品等进行数据保护。细化药品上市许可持有人的责任。 二是加强药品生产管理。严格药品委托生产管理，压实委托生产时药品上市许可持有人的责任，明确可以委托分段生产药品的情形。明确中药饮片、中药配方颗粒生产、销售的管理要求。 三是规范药品经营和使用...

2026年有世界杯，是个体育大年。 此前的市场传闻终于尘埃落定。 1月27日，安踏体育发布公告称，收购PUMA SE（彪马）的29.06%股权，对价为每股普通股35欧元，合共约15亿欧元（不含税）（相当于约人民币123亿元）。 本次交易预计有望于2026年底前完成，但仍需要得到相关监管部门批准及满足惯例交割条件。此次股权收购资金全部来源于安踏集团的内部自有现金储备。 安踏体育表示，透过收购具有重大战略意义的少数股权，成为彪马的最大股东，该集团有望进一步提升其于全球体育用品市场的地位及品牌知名度，从而增强其整体国际竞争力。 近些年来，安踏体育通过一系列收购构建了一个庞大的多品牌集团，并成功打造了多个出圈的运动新贵品牌。不过也有分析人士指出，安踏不断寻找“下一个标的”是为了寻找新的增长引擎，而快速扩张的同时也面临各种整合挑战， 开云自身难保 安踏在向证券交易所提交的文件中称，将以每股35欧元的现金价格收购4300万股彪马股票。该收购价格比彪马本周一收盘时的21.63欧元高出62%。在当天的交易中，彪马股价涨幅接近17%。 不过，这个交易价格低于此前出售方的预期。有消息称，在1月中旬，出售方原本期望其持有的股份能获得每股超过40欧元的报价，约合17亿欧元。 彪马要出售的消息在2025年就传出。去年8月，有消息称皮诺（Pinault）家族正在评估新的战略选项，其中就包括出售彪马股份。皮诺家族同时是古驰母公司开云集团（Kering）的第一大股东，该家族近年来频频进行收购交易，导致债务规模攀升。作为一家奢侈品集团，大众运动品牌彪马在开云的一众高档品牌中显得格格不入。 所以，此次出售也并不让人意外。 与其他老牌的运动品牌相比，近些年来彪马的经营状况持续恶化。财报显示，2023年其销售额同比增长6.6%至86.017亿欧元，但净利润同比下滑13.7%；2024年销售额微增4.4%至88.2亿欧元，净利润再降7.6%至2.82亿欧元。 2025年彪马已是全线“失速”，虽然目前还未公布完整的全年业绩，但此前公布三季报时预估，2025年全年经汇率调整后销售额将下降至双位数百分比；报告口径息税前利润亏损。公司同时指出，2026年将是一个过渡年度。 “买买买”背后的生意经 赵承飞是一家拥有多家大型零售门店的体育连锁经销商，他在十多年前代理过彪马。他向记者表示，彪马曾经在国内也红过，但现在的竞...

HOUSTON, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 27, 2025. Key financial results for the second quarter of fiscal year 2026 include the following (comparisons are to the same period in fiscal year 2025): Sales increased 3.0%; U.S. Foodservice volume increased 0.8%, U.S. local volumes increased 1.2%; Gross profit increased 3.9% to $3.8 billion; Operating income decreased 2.8% to $692 million, and adjusted operating income increased 3.1% to $807 million 1 ; ; Net earnings decreased 4.2% to $389 million, and adjusted net earnings increased 3.9% to $476 million 1 ; ; EBITDA decreased 0.9% to $923 million 2 , and adjusted EBITDA increased 3.3% to $1.0 billion 1,2 ; and , and adjusted EBITDA increased 3.3% to $1.0 billion ; and EPS3 decreased 1.2% to $0.81, and adjusted EPS1 increased 6.5% to $0.99. “Sysco delivered strong results in the second quarter of fiscal year 2026. Our performance was driven by increased local case growth, and gross margin expansion. We delivered our third consecutive quarter of sequentially improving local case growth. More importantly, USFS local case volume is now positive, having delivered positive 1.2% case volume growth in the quarter. Our building momentum and progress with key growth initiatives gives us confidence that we will deliver at least 2.5% local case growth in the 2nd half of the fiscal year. Given the progress we are making, we now expect our full year adjusted EPS1 to be at the high end of our previously provided guidance range of $4.50-$4.60. While there is still more work to be done, I am pleased with the momentum of our business, and want to thank the entire organization for their steadfast commitment to our customers. It is an exciting time to be at Sysco,” said Kevin Hourican, Sysco’s Chair of the Board and Chief Executive Officer. “Second quarter results reflected high-quality performanc...

Harrisburg, PA and Irvine, CA, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Alerify, Pennsylvania’s leading Tier 3, SOC 2 Certified data center and next-generation cloud automation platform, today announced a new partnership with Zadara, the sovereign AI cloud leader. This collaboration marks a major step forward in Alerify’s mission to deliver secure, scalable, and fully sovereign private artificial intelligence (AI) solutions. Together, the companies will deliver an integrated solution that simplifies cloud operations, reduces infrastructure costs, and enables enterprises to securely accelerate AI adoption across their VMware and hybrid cloud environments. In an increasingly complex digital landscape, Alerify had its pick of global partners to power its new AI Edge platform. Zadara’s reputation as an industry leader in private, sovereign cloud infrastructure combined with its NVIDIA GPU-powered compute made them the ideal partner. With Zadara, Alerify is now bringing next-generation AI capabilities to small, medium, and enterprise organizations that require both high performance and complete data control. “We chose Zadara because our clients deserve AI solutions that are private, secure, and designed around their business.” said Andy Kochanowski, PhD, Founder and CEO of Alerify. “Zadara shares our values of security, scalability, and innovation. Together, we’re going to give businesses access to the power of AI while ensuring their data stays private, local, secure, and compliant. This partnership allows us to deliver all the benefits of the cloud without the risks or the continuously increasing costs.” Through this partnership, Alerify’s AI Edge platform provides businesses across Central Pennsylvania and throughout the world with the tools to deploy private AI models on sovereign AI servers within Alerify’s Harrisburg data center. The collaboration introduces a seamless path for enterprises looking to operationalize AI workloads whether training, fine-tuning, inference or ...

As many investors learned in 2025, the imposition of tariffs , which are simply taxes on the end-consumers of imported goods, can knock markets around long before they actually change what companies earn from sales or what households buy. It's much the same with the way they affect investor psychology, which is to say that tariffs can take up a lot of headspace without necessarily changing the amount of capital available for investment. The disconnect between headlines and fundamentals is why President Trump's tariffs have so far looked like a minor drag on XRP (CRYPTO: XRP) despite changing nothing about the financial problems the XRP Ledger (XRPL) is built to solve. The coin is down by 7% since the first imposition of tariffs in early April 2025. But are the tariffs actually the force responsible for that minor decline, and is there a situation in which they might actually ultimately make the investment thesis for buying XRP even stronger? Image source: Getty Images. Continue reading

大家一起上天去 太空光伏上周五掀起涨停潮，而周一则不出意外地高开低走，仿佛完全没把前两天讲过的故事放在眼里。不过，一直担任总龙头的迈为股份依旧在盘中创下新高，给了市场一点信心。而周二， 热情依然集中在少数几个标的，普涨故事如昙花一现。 影响光伏表现的因素有两条，一条是马斯克的嘴。马斯克希望用太阳能AI卫星支撑太空算力中心，未来三年把特斯拉和SpaceX的太阳能制造能力推到每年100GW，并最终做到地面100GW+太空100GW；加之商业航天进入集体加速期，和太空AI叠加，这毕竟是谷歌、英伟达都或多或少有涉及的方向，情绪难以阻挡。 另一条则是二级市场需要一个关于关于光伏的故事。 连续两年半的行业性亏损让不少公司现金流和净资产严重受损，且金属的涨价潮也最终落到了光伏头上（比如同样被爆炒的银），粗看来市场并不友好。此时能有一番利好消息，券商研报轮番抛出2030年万亿级市场空间的模型，未来的希望冲淡了当下的紧张。 一个在地面努力保本，一个在天上讲万亿故事。 太空光伏概念在海外相关社区其实受到批评和质疑更多，这一次，谁比较对呢？ 一个熟悉的万亿赛道故事 从上世纪50年代第一颗太阳能卫星上天开始，航天就一直是光伏最早的应用场景之一。几十年来，航天级砷化镓多结电池一直稳坐性能天花板——比如天合光能的产品就有在轨卫星在使用——比功率高、辐照寿命长，只是价格昂贵、市场太小，长期被当作军工/航天的小众生意。 曾经我们质疑太空光伏主要是因为当时的主要需求是把太空电力送回地球，但现在因为需要将数据中心送上天，所以需求转向了在太空直接给算力供电。 这一转，直接改变了三件事。 第一是市场空间的量级抬档了，不过有一个前提，就是商业航天的进展符合预期。 传统卫星用电，需求极其有限。通信、遥感卫星的太阳翼功率通常在几千瓦量级，全球一年发射一两百颗，全年太阳翼市场不过十亿级人民币。即便低轨卫星星座数量爆发，光伏也只是配套成本的一部分，很难撑起万亿想象。但太空算力把这个估算改写了。 网上流传一份来自证券机构的市场拆分：低轨卫星本身的光伏，到2030年全球市场空间约295亿元，是当前十倍水平；如果进入10GW级太空数据中心部署阶段，按每瓦太阳翼150元估算，光伏部分每年就对应1.5万亿元级别的市场。 若进一步假设100GW级太空算力，保守按15元/W计算，太阳翼市场也在万亿人民币上下，叠加配套结构、热控、...