中概股涨跌不一，利弗莫尔中概股龙头指数涨0.12%，纳斯达克中国金龙指数跌0.10%。个股方面禾赛 科技涨近4%，华住集团涨近3%，中通快递涨超2%。乐信在消费类中概股中表现亮眼。 乐信于2013年8月成立并立足于中国深圳，一直以来积极通过旗下平台打通线上与线下广阔消费场景， 以"轻松消费、灵活周转"的品牌理念连接亿万中国年轻消费者与新消费品牌。2017年12月，乐信正式登 陆美国纳斯达克。 这是乐信开年以来第二个8%以上的股价上涨，上一次达到这一指标是2月9日。收盘数据亦显示，乐信 股价再上涨0.33%。 当日美股低开高走，三大指数集体小幅收升。截至收盘，道琼斯指数涨0.07%，报49533.19点；标普500 指数涨0.1%，报6843.22点；纳斯达克综合指数涨0.14%，报22578.38点。 智通财经APP获悉，美东时间周二(2月17日)美股收盘，受美股小幅拉升、春节消费旺季大幕拉开等带动 下，中国领先的新消费数字科技服务商乐信(LX.US)上涨8.7%，收盘价3美元；当日成交额577.91万美 元，成交额持续放大。 ...

美元的反弹可能会波及全球市场，影响贸易流动、跨国公司利润以及数万亿美元跨境资本的投资策略。 经过几个月的下跌后，美元的回升也将缓解新兴市场货币的压力，并改变全球投资者的对冲计算。 花旗十国集团(G10)外汇策略负责人Dan Tobon表示："在如今的美元空头市场中，我们是美元的多 头。"他认为，美元将在今年第三季度之前走强，尤其是相对于欧元、加拿大元和英镑，尽管受到外资 投资者对美元敞口的对冲以及特朗普政府对美联储独立性的威胁等因素的影响。 Dan Tobon表示，特朗普政府在中期选举前采取更加注重增长和减少政治波动的政策，将为美元提供额 外支持。他补充称："我们认为市场的'动物精神'将会有所回归。我们认为，所有这些因素结合起来， 应该对美元是相当积极的。" Rabobank伦敦的外汇策略负责人Jane Foley则认为，大部分负面情绪已经反映在美元汇率中，而美国消 费者的相对强劲吸引了大量投资流入美国。 为反弹布局 （原标题：增长前景及政治背景助力 美元连跌四月后或迎来反弹） 智通财经APP获悉，在经历了四个月的下跌后，美元可能会迎来喘息之机，因为政治和经济背景正转向 对其有利，且部分市场分析师开始看涨美元 ...

戴利周二指出，AI的发展潜力显而易见，但其具体何时、以及通过何种方式对经济产生深远影响，仍 有待观察。"看到可能性并不难，真正困难的是判断这些变化将如何、以及何时演变。" 戴利在发言中回顾了上世纪90年代时任美联储主席格林斯潘对计算机和互联网的前瞻性判断。当年，格 林斯潘曾指出，新技术将深刻改变工作和商业模式，在不推高通胀的情况下推动经济增长。戴利认为， 人工智能或许会走出类似路径，但其全面影响需要更长时间才能在宏观数据中显现。 她强调，在技术变革尚未完全反映到总体经济指标之前，政策制定者需要"更早地看见变化的苗头"，这 意味着要深入挖掘更细分的数据，从中捕捉预示结构性转型的线索。 当前，美联储官员正试图评估人工智能对经济和生产率增长的潜在影响。生产率被视为实现经济扩张、 同时不引发更高通胀的关键"解药"。在这一问题上，分歧正在显现。被美国总统特朗普表示将提名为下 一任美联储主席的沃什认为，AI正在重塑经济结构，美联储需要正视这一变化。他与部分人士主张， 若人工智能引发生产率繁荣，政策制定者应相应降低利率。 （原标题：旧金山联储主席戴利：AI技术变革或在不推高通胀下提振经济 美联储需提前捕捉信号） 智通财经A ...

Core Insights - The flagship product managed by Wood, ARK Innovation ETF (ARKK), has experienced a significant decline, with a cumulative drop of over 50% in the past five years, contrasting sharply with the approximately 80% rise of the Nasdaq 100 index during the same period [1] - ARKK's assets have drastically decreased from around $28 billion at its peak in February 2021 to approximately $6 billion now, representing an 80% reduction [1] - The fund has faced a net outflow of about $120 million this year, highlighting the rapid market style rotation and the costs borne by investors who entered at high valuations [2] Performance Comparison - While ARKK has shown an annualized return of over 18% in the past three years, it ranks near the bottom among its peers over a five-year period, although it remains in the top 5% over a ten-year horizon with an annualized return exceeding 17% [2][3] - Morningstar has assigned a negative rating to Wood's investment strategy, indicating that the fund may underperform its benchmark and most peers on a risk-adjusted basis [3] Investment Strategy and Market Conditions - Wood emphasizes that ARKK's investment process is not confined to traditional frameworks, and the fund is designed to complement a portfolio rather than replicate market indices [4] - The fund's high concentration in companies reliant on future earnings expectations makes it particularly sensitive to rising financing costs, which has amplified net asset value volatility [3] - The significant drop in ARKK's asset size indicates a substantial wealth erosion for investors, with approximately $6 billion of the nearly $12 billion net inflow since inception having "evaporated" due to market fluctuations [4]

Group 1 - The technology sector experienced a general decline, with major stocks such as Tesla, Micron Technology, Google, Nvidia, and Meta all reporting significant drops in their share prices [2] - Tesla (TSLA.US) fell over 3%, while Micron Technology (MU.US) and Google (GOOG.US, GOOGL.US) both decreased by more than 2% [2] - Nvidia (NVDA.US) and Meta (META.US) saw declines of over 1% [2] Group 2 - The overall U.S. stock market also declined, with the Nasdaq Composite dropping over 0.8%, the S&P 500 falling more than 0.6%, and the Dow Jones Industrial Average decreasing by 0.5% [2]

(资料图片) 智通财经APP获悉，据知情人士透露，黑石集团(BX.US)正就以约 25 亿美元收购住宅服务提供商 Champions Group 进行深入谈判。 知情人士表示，若不出现最后一刻的阻碍，这家收购巨头最早可能于周二宣布从现任所有者 Odyssey Investment Partners 手中收购 Champions 的交易。 这笔交易表明，私募股权投资公司正寻求在那些较不容易受到人工智能(AI)颠覆影响的行业中寻找避风 港。 Champions 总部位于加利福尼亚州橙县，是一家基础家庭服务提供商，专注于供暖、空调、管道和电力 服务。奥德赛于 2021 年投资了当时名为 Service Champions 的该公司，但未披露具体条款。 全美消费者都依赖住宅服务提供商来处理修理炉灶和维护空调系统等任务，这使得此类公司即便在经济 低迷时期也能产生极具韧性的现金流。 目前，人工智能带来的颠覆威胁正颠覆着商业模式，并重新定义科技和服务领域的投资评级，收购公司 正转而关注像 Champions 这样的企业。 近几周，投资者情绪动荡，担心 Anthropic 和 ChatGPT 等工具会使另类资产管理公司旗下许 ...

智通财经APP注意到，美元连续第二个交易日小幅走高，并未理会市场定价所暗示的美联储今年约三次降息的预期。Bloomberg美元现货指数上涨0.1%，尽 管日元走强约0.4%，但由于该货币篮子中其他货币的下跌，维持了该指数的高位。 期权市场显示，对美元的短期看跌情绪有所缓解，所谓的近端风险逆转指标处于近一个月来负值程度最低的水平。 Brown Brothers Harriman全球市场策略主管埃利亚斯.哈达德表示，"联邦基金利率的降息押注看起来有些过度，这为短期内推升美元的重新定价留下了空 间，"他提到了具有韧性的增长以及停留在美联储2%目标之上的核心通胀。 包括首席外汇分析师延斯.纳维格.佩德森在内的丹麦银行分析师写道，强于预期的1月就业报告削弱了春季进行额外"保险式降息"的理由。他们仍预计美联储 将在6月和9月降息，随后将利率维持在3.00%-3.25%的区间直至2027年。 随着美伊核谈判新一轮临近，地缘政治风险再次成为关注焦点。 由于美国市场周一休市，且在美联储会议纪要和周五个人消费支出(PCE)数据公布前基本没有重要议程，投资者在缺乏明确宏观催化剂的情况下有空间进行 头寸调整。 据熟悉交易情况的汇率交 ...

Group 1 - The unemployment rate in the UK has risen to 5.2%, the highest level in nearly five years, leading traders to increase bets on further interest rate cuts by the Bank of England [1] - The preferred wage indicator of the Bank of England, the regular pay growth in the private sector, has dropped to 3.4%, the lowest level in over five years [1] - The money market is currently fully pricing in two 25 basis point rate cuts by the end of the year, bringing the benchmark rate down to 3.25% for the first time in this easing cycle [1] Group 2 - The probability of a 25 basis point rate cut next month has increased from about 70% to nearly 80%, with the market considering a rate cut by April as a certainty [4] - Policymaker Sarah Breeden indicated that a further 25 basis point rate cut by the end of April is a "reasonable expectation," emphasizing that a looser labor market suggests that wage and price inflation pressures should be dissipating [4]

近年来，中国MRO采购与数字化供应链服务领域的代表性企业接连叩响资本市场的大门——怡合达（301029）(301029.SZ)、京东工业(07618)、震坤行 (ZKH.US)相继上市，各自奔赴不同舞台，这让行业版图日渐清晰。 如今，这条蓬勃发展的赛道再添新军：1月30日，来自上海的两家MRO采购企业——易买工品与鑫谊麟禾双星齐发，同日向港交所主板递交上市申请。其 中，易买工品由农银国际独家保荐，鑫谊麟禾的独家保荐人则为华泰国际。 作为本文的主角，鑫谊麟禾可谓MRO采购赛道中一个"独特的存在"。其"平台+制造"的双轮驱动模式，显著区别于纯平台或纯流通型玩家，完成了从"连接 交易"到"定义供给"的战略升维，向资本市场讲述了一个崭新的产业故事。 并购进军制造业务背后，9轮融资与44.45亿可赎回负债 成立于2013年的鑫谊麟禾，其发展史可以说是中国工业品(MRO)数字化浪潮的生动缩影。公司完成了从"流量捕手"到"产业重构者"的关键跃迁，其历程可清 晰地划分为两大战略阶段。 第一阶段是从2015年至2022年，该阶段鑫谊麟禾发展的核心在于打造线上线下（300959）一体化的数字平台与履约网络，为全国性服务奠定基础。 ...

Core Viewpoint - The significant decline in the market value of major tech stocks is attributed to investor skepticism regarding the returns on massive investments in artificial intelligence, leading to a total market value loss exceeding $1.3 trillion since January 2026 [1]. Group 1: Impact on Major Tech Stocks - Microsoft has experienced a market value drop of approximately $613 billion, with its current valuation around $2.98 trillion [2]. - Amazon's market value has decreased by about $343 billion, currently valued at $2.13 trillion, reflecting a year-to-date decline of approximately 13.85% [3]. - Apple's market value has shrunk by $256.4 billion, now standing at $3.76 trillion, while Alphabet's valuation has decreased by $879.6 billion to $3.7 trillion [4]. Group 2: Investor Sentiment and Spending Concerns - Investors are increasingly focused on short-term financial transparency rather than long-term AI goals, indicating a shift in sentiment from previous speculative enthusiasm [5]. - Amazon's announcement of a projected 50% increase in capital investments this year has heightened concerns about rising costs in the AI development sector [6]. - Microsoft faces intense competition from Google's Gemini model and Anthropic's Claude Cowork AI, raising fears about profit compression and the adoption of its AI solutions [7]. Group 3: Emerging Companies - Taiwan Semiconductor Manufacturing Company (TSMC) has seen its market value increase by $293.9 billion, now valued at approximately $1.58 trillion [8]. - Samsung Electronics' market value has risen by $272.9 billion, reaching $817 billion [8]. - Walmart's market value has grown by $179.2 billion, now at $1.07 trillion, contrasting sharply with the losses of major tech stocks [8].