The London Company, an investment management company, released “The London Company Large Cap Strategy” fourth-quarter 2025 investor letter. In Q4 2025, US equities ended the third consecutive quarter of higher returns, with the Russell 3000 Index rising 2.4%. A copy of the letter can be downloaded here. The market highlighted how investors balanced the optimism on earnings growth and concerns regarding AI returns and cooling macroeconomic factors. Against this backdrop The London Company Large Cap portfolio ...

Meta CEO Mark Zuckerberg is scheduled to testify on Wednesday in Los Angeles Superior Court as part of a landmark trial about social media and safety that's being likened to the industry's "Big Tobacco" moment.The trial, which began in late January, centers on a young woman who alleged that she became addicted to social media and video streaming apps like Instagram and YouTube.Lawyers representing the plaintiff contend that Meta, YouTube, TikTok and Snap misled the public about the safety of their services ...

When low labor costs aren't the primary driver of manufacturing advantage, the world might experience a dramatic economic shift – and AI could be the key, a key Alphabet executive tells CNBC.Wendy Tan White is CEO of Intrinsic, a portfolio company of Google's parent. In a Fortt Knox interview last week, she laid out the company's vision for how artificial intelligence can help robots to adapt more quickly, do more complicated work and add value. The robotics play is part of a larger AI narrative driving mar ...

谷歌母公司Alphabet公司公布了几项新举措，以支持其在印度的扩张，其中包括将印度与美国和南半球 其他地区连接起来的新光纤线路。该公司首席执行官桑达尔·皮查伊在新德里举行的 人工智能峰会上大 力宣传了公司在人工智能领域的努力。印度总理莫迪在峰会上阐述了印度能够在人工智能领域引领潮流 的愿景。皮查伊是众多支持这一努力的知名首席执行官之一。公司表示，最新推出的"美印互联"计划将 铺设新的光纤线路，以提高印度与其他国家之间的网络连接速度和可靠性。该公司此前已在 太平洋、 非洲和澳大利亚周边地区建设海底光缆。 ...

Concentrated $53.6 Billion PortfolioChristopher Hohn's flagship fund remains one of the most concentrated in the hedge‑fund universe, with the top five holdings accounting for more than four‑fifths of disclosed U.S. equities.GE Aerospace, Visa, and Microsoft continue to anchor the book, reflecting Hohn's longstanding preference for dominant, cash‑generative franchises."We back a handful of world‑class businesses and let compounding do the work" is how Hohn has often described his philosophy, a stance mirror ...

Investment Opportunities - Japan plans to invest $36 billion in U.S. oil, gas, and critical mineral projects as part of a $550 billion pledge under a trade deal with the Trump administration [3][4] - The Portsmouth Powered Land Project in Ohio will be a significant focus, generating 9.2 gigawatts of electricity annually and operated by SB Energy, a subsidiary of SoftBank Group [4] - The Texas GulfLink deepwater crude oil export facility, valued at $2.1 billion, is expected to generate $20-30 billion in annual U.S. crude exports, totaling $400-600 billion over twenty years [5] Company Developments - Palantir Technologies has relocated its headquarters from Denver to Miami, although the company did not provide a specific reason for the move [7][8] - YouTube experienced a major outage affecting over 350,000 users globally due to a glitch in its recommendation system, which has since been resolved [6][7] Market Trends - Futures for Dow, S&P, and Nasdaq are showing positive movement, with crude oil prices up 0.3% at $62 per barrel and Bitcoin increasing by 0.8% to over $68,000 [9] - Allegro MicroSystems is set to host an Analyst Day event in Boston to discuss its strategy, growth opportunities, and financial model [10]

Core Insights - The focus of Vega North is on investments and portfolio construction, emphasizing process over predictions [1] - The approach includes testing ideas with open data and reproducible notebooks, concentrating on position sizing, regime-aware risk, and the psychology of holding through drawdowns [1] - The content covers a range of topics from factor tilts and cash-flow durability to downside math and scenario analysis, providing a decision checklist for investors [1] Coverage and Methodology - The analysis moves from base rates to a simple model that includes returns, volatility, and correlations [1] - The decision checklist includes guidance on what to own, how much to invest, when to rebalance, and potential pitfalls [1] - The methodology avoids hot takes and stock tips, focusing instead on evidence that can be replicated and rules that can be consistently applied [1]

While Klarman was loading up on shares of e-commerce and cloud infrastructure service titan Amazon, he was sending shares of a trillion-dollar competitor to the chopping block.Nothing is more valuable on Wall Street than data -- and investors are rarely hurting for information that can guide their decision-making. Between earnings season and near-daily economic data releases, it's easy for something of importance to fall through the cracks.For example, Feb. 17 marked the deadline for institutional investors ...

根据这家初创公司近期最乐观的预测，Anthropic 预计在 2029 年之前，为在亚马逊、谷歌、微软的云服 务器上运行其 Claude AI，至少支付800 亿美元。而这几家科技巨头从 Anthropic 获利的方式不止一种： 如果它们的客户购买了 Anthropic 的 AI 服务，巨头们还能从中抽取收入分成。 这一收入来源正快速增长。根据公司披露信息，2024 年 Anthropic 仅向云服务商支付约130 万美元的 AI 销售分成。但据《The Information》对 Anthropic 最乐观的销售及营销支出预测（其中包含云服务商分 成）及过往支付记录的分析，这一金额在去年预计升至约3.6 亿美元，今年为19 亿美元，明年将达到64 亿美元。 这些分成能在一定程度上反映出 Anthropic 如何激励云合作伙伴向自身客户推广其 AI 服务，使其为己 所用。例如，微软已鼓励 Azure 云部门的销售人员推销 Anthropic 的 AI 模型，并表示这类销售额将与 微软自有软件、OpenAI 模型一样计入业绩指标。 作者：Sri Muppidi、Catherine Perloff 这类预估分成（ ...

故障发生后，优兔用户纷纷在社交媒体上反映访问失败。故障监测网站——美国"网络探测器"网站数据 显示，全球相关投诉数量大幅上升，其中美国在故障高峰时有超过32万用户报告问题。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 优兔随后在帮助页面称，此次故障源于推荐系统问题，导致视频无法在多个界面显示，包括首页、优兔 应用、优兔音乐及优兔儿童等平台服务。 （来源：智通财经） 视频平台优兔2月17日发生全球性服务中断，影响包括美国在内的多个国家和地区用户的访问。 当日晚些时候，优兔平台称已解决导致全球范围访问异常的问题。（新华社） ...