A Big Correction Would Cost Dow 10,000 Points - 24/7 Wall St.[S&P 5006,978.20 +0.32%][Dow Jones50,411.70 +0.29%][Nasdaq 10025,294.80 +0.43%][Russell 20002,706.27 +0.72%][FTSE 10010,453.60 +0.76%][Nikkei 22558,341.70 +0.56%][Investing]# A Big Correction Would Cost Dow 10,000 Points### Quick ReadHuge Correction In 2025Affect Of COVID and UkraineInflation Effect- Are you ahead, or behind on retirement? [SmartAsset's free tool] can match you with a financial advisor in minutes to help you answer that today. Eac ...

Core Viewpoint - The debate between entrepreneurs Luo Yonghao and Duan Yongping highlights contrasting business philosophies: idealism versus pragmatism, with Luo focusing on product design and marketing, while Duan emphasizes comprehensive business strategy and long-term investment [6][17]. Group 1: The Trigger of the Debate - The argument was sparked by a comparison made by a netizen between Duan Yongping and Luo Yonghao, suggesting that Duan's understanding of the mobile industry is superior due to his strategic investment approach, while Luo's approach is seen as less informed [4][6]. - Luo's response criticized Duan's knowledge of mobile technology, claiming that both he and Duan lack the understanding of the industry, with a reference to the late Steve Jobs as the only one who truly understood [4][6]. Group 2: Luo Yonghao's Journey - Luo Yonghao founded Smartisan Technology in May 2012, transitioning from an English teacher to the mobile industry, but faced numerous challenges, including product failures and financial difficulties [7][8]. - After exiting the mobile market, Luo engaged in various ventures, including live streaming sales, which helped him repay significant debts, ultimately clearing 820 million yuan by 2025 [9][10]. Group 3: Duan Yongping's Business Landscape - Duan Yongping, with a background in technology and business, built a substantial commercial empire, including the creation of brands like OPPO and vivo, and made significant investments, notably in Apple, yielding extraordinary returns [12][14]. - His investment philosophy focuses on long-term value creation and understanding business models, which has influenced many entrepreneurs in the tech sector [12][14]. Group 4: Underlying Themes of the Debate - The discussion reflects differing interpretations of what it means to "understand mobile technology," with Luo emphasizing user experience and marketing, while Duan's perspective includes technical development and supply chain management [17][18]. - The tension between idealism and realism in business is evident, with Luo's aspirations contrasting with Duan's practical investment strategies [18][19]. Group 5: Future Implications - The mobile industry is undergoing significant transformation, particularly with the integration of AI technology, which both entrepreneurs are exploring in their respective ventures [19][22]. - The outcomes of this debate may influence the future landscape of the Chinese business environment, as both figures represent different strategic approaches to technology and investment [23].

Core Insights - The Apple App Store's free application rankings in China show significant increases in downloads for the apps Qianwen and Antifufu, which have taken the top two spots on the overall chart [1] Group 1 - Qianwen launched a milk tea ordering activity, which has directly boosted user download enthusiasm [1] - Antifufu introduced a "Health Fortune" activity, contributing to its surge in downloads [1]

Core Viewpoint - Goldman Sachs (GS.US) reported a total market value of $810 billion in its Q4 2025 13F filing, reflecting a decrease of approximately 1.22% from the previous quarter's $820 billion [3][4]. Holdings Summary - In Q4 2025, Goldman Sachs added 671 new stocks, increased holdings in 3027 stocks, and sold out of 555 stocks. The top ten holdings accounted for 22.11% of the total market value [3][4]. - The turnover rate for the portfolio was 17.6%, with the top 20 holdings held for an average of 17.35 quarters and the top 10 for 24.4 quarters [4]. Top Holdings - The top five holdings included: 1. Nvidia (NVDA.US) with approximately 166.66 million shares valued at about $31.08 billion, representing 3.83% of the portfolio, a decrease of 0.82% from the previous quarter [5][6]. 2. Apple (AAPL.US) with approximately 90.99 million shares valued at about $26.94 billion, representing 3.32% of the portfolio, an increase of 2.60% [5][6]. 3. Microsoft (MSFT.US) with approximately 51.36 million shares valued at about $24.84 billion, representing 3.06% of the portfolio, a decrease of 5.86% [5][6]. 4. SPDR S&P 500 ETF (SPY.US) with approximately 32.92 million shares valued at about $22.45 billion, representing 2.77% of the portfolio, a decrease of 9.01% [5][6]. 5. Alphabet - A (GOOGL.US) with approximately 52.19 million shares valued at about $16.34 billion, representing 2.01% of the portfolio, an increase of 1.47% [5][6]. Trading Activity - The top five purchases by percentage change in the portfolio were GOOGL, AAPL, AAPL Call options, DIA, and TSLA Call options [8]. - The top five sales included SPY Put options, QQQ Call options, SPY Call options, MSFT, and IWM Put options [7]. Cryptocurrency Exposure - Goldman Sachs disclosed a significant exposure to cryptocurrencies, holding over $2.36 billion in digital assets, which accounted for 0.33% of its reported investment portfolio [9]. - The bank held approximately 21.2 million shares of various spot Bitcoin ETFs valued at $1.06 billion, a decrease of 39.4% from the previous quarter [11]. - The bank also held approximately 40.7 million shares of spot Ethereum ETFs valued at about $1 billion, a decrease of 27.2% [11]. - Notably, Goldman Sachs increased its holdings in newly launched spot XRP and Solana ETFs, with values of $152.2 million and $108.9 million, respectively [11].

Designed to provide broad exposure to the Technology - Broad segment of the equity market, the State Street Technology Select Sector SPDR ETF (XLK) is a passively managed exchange traded fund launched on December 16, 1998.Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.Additionally, sector ETFs offer convenient ways to gain low ri ...

A long call butterfly is entered when a trader thinks a stock will not rise or fall by much between trade initiation and expiration. When using calls, the trade is constructed by buying an in-the-money call, selling two at-the-money calls and buying an out-of-the-money call. The trade is entered for a net debit meaning the trader pays to enter the trade. This debit is also the maximum possible loss. The maximum profit is calculated as the difference between the short and long calls less the premium that ...

微软(MSFT.US)位列第三，持仓约5136万股，持仓市值约248.39亿美元，占投资组合比例为3.06%，较 上季度持仓数量减少5.86%。 来源：智通财经网 根据美国证券交易委员会(SEC)披露，高盛(GS.US)递交了截至2025年12月31日的第四季度持仓报告 (13F)。 据统计，高盛第四季度持仓总市值为8100亿美元，上一季度总市值为8200亿美元，环比下降约1.22%。 在第四季度的持仓组合中，高盛新增671只个股，增持3027只个股，清仓了555只个股。其中，前十大持 仓标的占总市值的22.11%。 | 2025-12-31 P | | | --- | --- | | 13F Activity | | | Market Value | $0.81t, Prior: $0.82t | | Inflows (Outflows) as % of Total MV | (-2.4403)% | | New Purchases | 671 stocks | | Added To | 3027 stocks | | Sold out of | 555 stocks | | Reduced holding ...

在前五大重仓标的中，英伟达(NVDA.US)位列第一，持仓约1.67亿股，持仓市值约310.81亿美元，占投资组合比例为3.83%，较上季度持仓数量减少0.82%。 苹果(AAPL.US)位列第二，持仓约9099.21万股，持仓市值约269.41亿美元，占投资组合比例为3.32%，较上季度持仓数量增加了2.60%。 微软(MSFT.US)位列第三，持仓约5136万股，持仓市值约248.39亿美元，占投资组合比例为3.06%，较上季度持仓数量减少5.86%。 智通财经APP获悉，根据美国证券交易委员会(SEC)披露，高盛(GS.US)递交了截至2025年12月31日的第四季度持仓报告(13F)。 据统计，高盛第四季度持仓总市值为8100亿美元，上一季度总市值为8200亿美元，环比下降约1.22%。在第四季度的持仓组合中，高盛新增671只个股，增 持3027只个股，清仓了555只个股。其中，前十大持仓标的占总市值的22.11%。 | 2025-12-31 | | | --- | --- | | 13F Activity | | | Market Value | $0.81t, Prior: $0.82t | | ...

如上图所见，报告显示2025年全球智能手机设备活跃量来说，TOP10依次是：苹果、三星、小米、OPPO、vivo、传音、华为、荣耀、摩托罗拉、realme、 谷歌。 报告还提到TOP8品牌人均有2亿台以上设备，苹果和三星超10亿台，也就是近四分之一的手机是iPhone，近五分之一是三星手机。报告还提到2025年苹果 新增的手机设备比后面7家品牌加起来还多，问问大家，你现在用的哪家手机？ 研究机构Counterpoint近日发布了一份2025年全球智能手机设备活跃情况。 研究机构Counterpoint近日发布了一份2025年全球智能手机设备活跃情况。 如上图所见，报告显示2025年全球智能手机设备活跃量来说，TOP10依次是：苹果、三星、小米、OPPO、vivo、传音、华为、荣耀、摩托罗拉、realme、 谷歌。 报告还提到TOP8品牌人均有2亿台以上设备，苹果和三星超10亿台，也就是近四分之一的手机是iPhone，近五分之一是三星手机。报告还提到2025年苹果 新增的手机设备比后面7家品牌加起来还多，问问大家，你现在用的哪家手机？ ...

在活跃量进入前10的厂商中，除了摩托罗拉和真我，其余8家的活跃量是都在2亿部之上。（海蓝） 【TechWeb】2月11日消息，据外媒报道，有市场研究机 构发布了全球智能手机活跃量报告，从品牌来看苹果是 高居第1，三星电子紧随其后，两家双双超过了10亿部， 小米、OPPO、vivo等国内厂商，也都进入了前10，6家 的活跃量超过了2亿部。 市场研究机构在报告中表示，全球活跃的智能手机在 2025年同比增长2%。 具体到厂商方面，在全球目前活跃的智能手机中，苹果 所占的比例接近25%，三星电子则是接近20%，他们也 是仅有的两家活跃量超过10亿部的厂商。 活跃量进入前10的另外8家，分别是小米、OPPO、 vivo、传音、华为、荣耀、摩托罗拉、真我，其中的小米的份额是超过了10%，OPPO和vivo在5%到 10%之间。 【TechWeb】2月11日消息，据外媒报道，有市场研究机构发布了全球智能手机活跃量报告，从品牌来 看苹果是高居第1，三星电子紧随其后，两家双双超过了10亿部，小米、OPPO、vivo等国内厂商，也都 进入了前10，6家的活跃量超过了2亿部。 市场研究机构在报告中表示，全球活跃的智能手机在202 ...