原创 智合奕鑫小魔方 智合奕鑫知产点评社 2026年1月17日 21:20 江苏 在瞬息万变的全球电商领域，新的趋势、政策调整与市场动向不断涌现，深刻影响着商家与消费者的行 为。跨境电商作为连接不同国家和地区商业的桥梁，正以前所未有的速度改变着国际贸易的格局。 它打破了传统贸易的时空限制，让商品和服务能够更自由地在全球范围内流动。然而，跨境电商的发展并 非一帆风顺，在政策、市场、物流等多个方面都面临着挑战与机遇。今天，就让我们一同梳理近期电商行 业的关键资讯。 一、政策风云：合规与变数下的跨境电商 政策环境是跨境电商发展的重要外部因素，不同国家和地区的政策差异给跨境电商企业带来了诸多挑战与 机遇。 东南亚市场：春节热潮与平台创新 越南作为东南亚电商增长的重要力量，春节购物旺季来临之际，电商平台迎来了销售高峰，63%的消费者倾 向于在电商平台选购年货。 Shopee越南跨境店积极应对，开通国际自提柜渠道，为消费者提供更便捷的取货方式。同时，越南加强春 节前电商监管，要求平台下架违禁商品信息，确保市场秩序；这体现了当地政府对电商市场秩序的重视。 跨境电商企业在进入越南市场时，必须严格遵守当地法规，加强商品审核，确 ...

证券研究报告 | 2026年01月18日 2026年01月17日 美股市场速览 弱于大市 科技板块内部出现分化 价格走势：整体小幅回撤，小盘风格走强 本周，标普 500 跌 0.4%，纳斯达克跌 0.7%。 风格：小盘价值（罗素 2000 价值+2.2%）＞小盘成长（罗素 2000 成长+1.9%） ＞大盘价值（罗素 1000 价值+0.6%）＞大盘成长（罗素 1000 成长-1.2%）。 10个行业上涨，14个行业下跌。上涨的主要有：食品与主要用品零售（+4.6%）、 资本品（+4.4%）、房地产（+4.1%）、食品饮料与烟草（+3.5%）、能源（+2.5%）； 下跌的主要有：软件与服务（-4.5%）、银行（-4.3%）、电信服务（-3.5%）、 保险（-3.2%）、消费者服务（-2.3%）。 资金流向：市场整体基本平衡，科技板块内部分化 本周，标普 500 成分股估算资金流（涨跌额 x 成交量）为-1.7（亿美元， 下同），上周为+130.2，近 4 周为+140.5，近 13 周为+106.3。 9 个行业资金流入，15 个行业资金流出。资金流入的主要有：半导体产品与 设备（+37.6）、资本品（+12 ...

（来源：经济日报） 转自：经济日报 伍德沃德同时提醒，此测试版功能尚未完全消除漏洞。Gemini在处理时间信息或细节内容时可能仍存在 不足，对于健康等敏感话题，系统会避免主动做出主观推断，但会在用户主动询问时基于数据进行解 答。 在生成式AI竞争日益激烈的背景下，谷歌正与OpenAI等公司展开正面竞争。尽管此前Gemini已具备调 取应用信息的能力，但此次更新强调其能基于用户数据进行推理分析。苹果公司于1月12日宣布，已选 定谷歌为其部分AI功能提供技术支持。 据业内分析，目前AI行业正朝着更紧密整合用户数据与AI服务的方向发展，以打造深度个性化、具备 上下文理解能力的新一代智能助手，这也被认为是该领域竞争与演进的核心趋势。（经济日报记者 王 一伊） 谷歌近日宣布，开放其全新人工智能工具"个人智能"的用户测试。该功能能够整合来自Gmail、谷歌相 册等多款应用的个人信息，在Gemini聊天机器人中为用户提供个性化答复。 谷歌实验室副总裁兼Gemini应用负责人乔什·伍德沃德在官方博客中介绍，该功能旨在让Gemini能够自 主理解语境，无需用户明确指示，即可关联邮件、相册等内容中的信息，主动输出有价值的洞察。这 ...

In the race to build artificial intelligence, Big Tech companies have spent record-breaking amounts of money on building data centers. Now, they might end up spending even more as they face unprecedented federal intervention along the way.To compete in the AI revolution, Big Tech companies are focused on building out as much AI data-center infrastructure as possible. But now hyperscalers like Microsoft MSFT, Meta Platforms META, Google GOOGL GOOG and Amazon.com AMZN, are facing major obstacles, including or ...

Group 1 - The artificial intelligence (AI) revolution is driving a new wave of high-performing investments [1] - Nvidia has emerged as a leading company in the AI industry [1] - Alphabet has strengthened its position in the AI space with the release of Gemini 3 in November, surpassing competitors [1]

产业研究 证 券 研 究 报 告 科技制造产业月报（2025 年 12 月） 奔跑的机器人，与变局的制造业 综合 2026 年 01 月 17 日 华创证券研究所 证券分析师：洪锦屏 邮箱：hongjinping@hcyjs.com 执业编号：S0360516110002 证券分析师：肖琳 邮箱：xiaolin@hcyjs.com 执业编号：S0360523020003 相关研究报告 《科技制造产业月报（2025 年 9 月）：人形机器人 产业链概览 波士顿动力长期代表了机器人领域顶尖的工程艺术，但因成本高昂、难以适应 工业化要求而商业化进程缓慢；而近期特斯拉 Optimus 与 Figure AI 发布的机 器人流畅跑步视频，展示了显著提升的动态平衡与敏捷性，给全球产业带来"这 次可能真的不一样"的强烈观感，引发了人形机器人是否真正跨越"死亡谷"、 走向规模化商业化的核心追问。本文将穿透视频的视觉冲击，深入拆解这两场 "表演"背后截然不同的商业逻辑与战略意图，剖析由此引发的全球供应链暗 战与生态位争夺，并勾勒出未来几年决定人形机器人产业生死的关键战场。 人形机器人实现流畅奔跑是机器人技术从"功能实现"迈向" ...

Alphabet is emerging as a leader in the AI race, even among other big tech companies, and it's looking like the strongest horse in that race.Google's parent company, Alphabet (GOOG 0.80%) (GOOGL 0.83%), is one of the original Silicon Valley tech giants that have come to dominate the stock market.It has also emerged as the leader among those original tech giants in artificial intelligence (AI), and it's eating into the market share of OpenAI, the company that made AI mainstream in the first place with the la ...

You don't need to be a hedge fund manager to see the value in these stocks.Investing in stocks is a great way to accumulate wealth over long periods, but with thousands of companies to choose from, it's not always easy to decide which ones to pick. One way to gain inspiration is to observe what successful investors are doing.Consider Bill Ackman, the founder and CEO of Pershing Square Capital Management, a hedge fund. Ackman has a terrific track record, so he must know a thing or two about investing in the ...

Core Insights - The article discusses the potential of quantum computing as a significant investment opportunity, highlighting two companies well-positioned in this field: IonQ and Alphabet [2][3]. Group 1: IonQ - IonQ is a pure play quantum computing company, focusing exclusively on quantum technology, which presents both high potential rewards and risks [4]. - The company utilizes trapped ion technology for constructing qubits, resulting in a lower error rate and longer quantum state retention, which are critical advantages in quantum computing [5]. - IonQ currently generates some revenue through major cloud service providers but is still in the early stages of commercial growth, making it an attractive option for aggressive investors [7]. Group 2: Alphabet - Alphabet, the parent company of Google, generates substantial revenue through its search engine and Google Cloud, which has seen significant growth due to demand from AI customers [8][9]. - The company is actively developing its own quantum chip, Willow, which aims to reduce errors as more qubits are added, marking a significant advancement in quantum computing [11]. - Alphabet's established profitability combined with its investments in quantum computing presents a compelling opportunity for investors, potentially leading to significant returns [12].

Cloudflare Inc. (NYSE:NET) co-founder and CEO and Matthew Prince said in a recent interview that Google, a unit of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) , allows its web crawlers to access significantly more data than competitors amid debates over AI training limits.Google’s Data Access AdvantagePrince, while speaking with John Coogan and Jordi Hays on a TBPN podcast released on Friday, disclosed that Googlebot sees 3.2 times more web pages than OpenAI.“For every one page that OpenAI sees, Google is se ...