年 美股三大指数连续 美股三大指数连续第三 道指涨12.97%，纳 16.39%。 万亿 一图速览>> (↑点击查看专题) 2025 美股 类文明 3家中概股回港上市 2025年内, 小马智行、禾赛、文远知 市。其中,禾赛是近四年来融资规模最 三家企业均采用"美股+港股"双重主要」 暴涨559% 闪迪跻身标普500 美股总市值逼近70万亿 根据美股威尔希尔5000指数,目前 美股总市值约为68.21万亿美元， 逼近70万亿美元。 万 17. 全球首家"五万亿 10月29日，英伟达市征 达到此里程碑的公司。 达股价持续调整,整个 "七巨头"表现分化 公动在六十十岁年 日弧午八人加0070 谷歌2025年累计上涨约66%,成 为"七巨头"中的年度涨幅冠军。 英 伟达、微软、Meta、特斯拉、 国 果、亚马逊分别涨38.92%、涨 15.58%、13.09%、11.36%、 9.05%、5.21%。 % 闪迪于2025年2月从西部数据分拆 独立上市, 受益于AI驱动的NAND 闪存需求激增，年内股价爆发式增 长，全年涨559.39%。同年11月24 日,闪迪被纳入标普500指数。 SanDisk® % 制图|方舟 ...

Group 1: Intuitive Surgical - Intuitive Surgical has faced challenges over the past year, including increased tariffs and intensified competition in the robotic-assisted surgery (RAS) market [4][11] - The launch of the latest da Vinci system, featuring Force Feedback Technology, is expected to enhance surgical outcomes and increase demand for the company's technology [5][6] - Recent approvals for new indications are anticipated to boost procedure volume, a key driver of revenue growth [7] - The company has pricing power due to its best-in-class devices, which could help mitigate the impact of tariffs [9][10] - The RAS market remains underpenetrated, allowing for multiple winners, which supports a robust outlook for Intuitive Surgical [11] Group 2: Meta Platforms - Meta Platforms' shares recently declined despite strong third-quarter earnings, as concerns grow over the company's significant investments in artificial intelligence (AI) [12][15] - AI initiatives have already contributed to revenue and earnings growth by enhancing engagement and automating ad processes [12][13] - The company aims to fully automate ad campaigns by the end of 2026, leveraging its ecosystem of over 3 billion daily active users [13] - Meta has demonstrated flexibility in managing costs and refocusing on its profitable advertising business, which positions it to handle future challenges [16] - The financial results are expected to remain strong, supporting the potential for Meta Platforms to outperform the market through 2031 [17]

昨夜今晨， 美股市场延续了圣诞节后的回撤行情，三大指数集体收跌，为2025年画上了低调的句号。 截至收盘，标准普尔500指数跌0.74%，报6845.5点；纳斯达克综合指数跌0.76%，报23241.99点；道琼斯工业平均指数跌0.63%，报 48063.29点。 （标普500指数日线图，来源：TradingView） 从全年表现来看，经历4月的颠簸后， 标普500指数依然录得16.39%的全年涨幅 ； 纳指险守20.36%的年度涨幅，达成连续三年"涨 20%+"的成就 。道指全年上涨12.97%，也是连续第三年交出类似的表现。 个股层面，今年的美国牛股继续与AI强相关。 在标普500成分股全年涨幅榜上， 4家存储巨头闪迪、西部数据、美光科技、希捷科技占据前 四 。半导体概念股泛林集团、AI应用牛股Palantir，以及为数据中心散热提供暖通空调的Comfort Systems也榜上有名。 元旦假期后，美股市场将于本周五（1月2日）启动2026年的交易。 热门股表现 按市值排列，截至周三收盘，英伟达跌0.55%、苹果跌0.45%、谷歌-A跌0.27%、微软跌0.79%、亚马逊跌0.74%、Meta跌0.88% ...

在地面上大量建设AI数据中心会导致电力不足，进行冷却也需要大量水。而在太空，光伏电池 的发电效率最高可达地面的8倍，向太空释放废热也无需冷却水。美国科技巨头开始推进太空 数据中心构想…… 美国科技企业正在推进在太空建立用于AI的数据中心的构想。谷歌计划2027年发射人造卫 星，SpaceX和OpenAI也显示出兴趣。英伟达正在为发射搭载AI半导体的人造卫星的企业提 供支援。太空数据中心有可能替代正在激增的用于AI的地面基础设施。 在人造卫星设置服务器，24小时以太阳能供电 太空数据中心是在地球轨道上的人造卫星上设置服务器，在宇宙空间进行数据处理和存储的 机制。各企业正在描绘通过群控拥有计算和通信能力的人造卫星来替代地面数据中心的构 想。 电力可以在宇宙空间利用光伏电池昼夜发电。由于地面数据中心在未来难以确保所需的大量 电力和水，太空数据中心作为未来基础设施的形态而迅速受到关注。 从火箭分离的搭载英伟达半导体的Starcloud的首颗卫星（11月、引自SpaceX官方网站） "这是在宇宙空间中扩大机器学习计算能力的大胆挑战"。谷歌在11月公布了太空数据中心项 目"太阳捕手"计划（Project Suncatch ...

今天是2026年1月1日星期四，新元启幕，万象更新。 新的一年，请继续满怀热忱，奔赴热爱。早报君在此祝各位元旦快乐，新程璀璨，万事顺遂！ 2025年，尽管全球市场面临着地缘政治和美国关税的不确定性，但在席卷全球的AI浪潮的推动下，全 球多数重要股指年内均实现两位数涨幅。 美股方面，三大指数低调收官，道指连续第八个月上涨，全年累涨12.97%；标普500指数累涨16.39%； 纳指累涨20.36%，三大股指均连续三年创新新高。 科技"七巨头"中，除了英伟达和谷歌分别达38.92%、65.42%的累计涨幅外，其他5家在2025年均未跑赢 基准指数。 纳斯达克中国金龙指数全年累涨11.33%。多家明星中概股交出亮眼答卷。其中，阿里巴巴累计上涨超 75%、网易涨58.28%、百度涨近55%。 | 代码 | 名称 | | 證新价 | 涨跌额 | 涨跌幅 | 总市值 | 年初至今涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | --- | | NVDA | 英伟达 | 0 | 186.500 | -1.040 | -0.55% | 4.53万亿 | 38.92% | | ...

【宏观消息】 周三，三大指数收跌，标普500指数录得连续第四个交易日下滑。美股2025年收官，道指跌0.63%，连 续第八个月上涨，全年累涨12.97%；标普500指数跌0.74%，全年累涨16.39%；纳指跌0.76%，全年累涨 20.36%，三大股指均连续三年创下新高。 【美股】截至收盘，道指跌303.77点，跌幅为0.63%，报48063.29点；纳指跌177.09点，跌幅为0.76%， 报23241.99点；标普500指数跌50.74点，跌幅为0.74%，报6845.50点。伯克希尔(BRK.A.US,BRK.B.US) 微跌，著名投资人沃伦.巴菲特正式退休，卸任伯克希尔.哈撒韦首席执行官职务。特斯拉(TSLA.US)跌 超1%，英伟达(NVDA.US)跌0.55%，美光科技(MU.US)跌2.47%。 【亚太股市】日经225指数全年累涨26%，收盘站稳5万点大关；韩国KOSPI指数全年累涨75.6%，创下 自1999年以来的最大年度涨幅；台湾加权指数全年累涨24%，收于28963.6点，年内一度站上29000点。 【外汇】2025年欧元涨13%，成为2025年最大外汇赢家；英镑涨7%；美元指数DXY ...

智通财经APP获悉，周三，三大指数收跌，标普500指数录得连续第四个交易日下滑。美股2025年收 官，道指跌0.63%，连续第八个月上涨，全年累涨12.97%；标普500指数跌0.74%，全年累涨16.39%；纳 指跌0.76%，全年累涨20.36%，三大股指均连续三年创下新高。 【宏观消息】 美国周度初请人数降至一个月低点。美国上周初请失业金人数意外降至一个月来最低水平，但由于招聘 低迷，12月失业率可能仍居高不下。近几周初请失业金人数波动较大，因为在假日季之前调整季节性波 动数据面临挑战。劳动力市场预计仍处于经济学家和政策制定者所说的"不雇不炒"模式。尽管近期美国 经济仍保持弹性，第三季度GDP增速达到两年来最快，但劳动力市场几乎陷入停滞。经济学家表示，劳 动力需求和供应受到进口关税和打击移民的影响。 摩根大通：预计2026年美国劳动力市场将先抑后扬。摩根大通表示，美国劳动力市场在经历了经济和金 融市场的动荡一年后已呈现降温态势，预计2026年将呈现开局放缓、下半年逐步改善的走势。该银行本 月早些时候发布的预测报告指出，2025年就业增长势头的减弱可归因于关税及贸易政策引发的商业不确 定性。该行经济学家迈 ...

Core Viewpoint - Analysts are increasingly optimistic about Alphabet's stock price outlook for 2026, driven by the enhancement of search tools through artificial intelligence, which is expected to boost search query volume and user engagement [1][2]. Group 1: Analyst Ratings and Price Targets - Citizens analyst Andrew Boone raised Alphabet's target price from $340 to $385, implying a potential upside of approximately 22% from the previous closing price of $313.85 [1]. - TD Cowen analyst John Blackledge assigned a "Buy" rating with a target price of $350, highlighting the positive impact of AI Mode and Overviews on search engagement [1]. - Evercore ISI analyst Mark Mahaney maintained an "Outperform" rating with a target price of $325, noting that AI innovations are expected to create a better search experience, leading to sustained revenue growth [2]. Group 2: Market Sentiment and Performance - Alphabet's stock has risen 66% this year, outperforming major indices such as the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average [2]. - The market sentiment has shifted positively, with analysts noting that despite increased AI search usage, Google's overall usage remains stable [2]. Group 3: Valuation Concerns - Alphabet's current price corresponds to a forward P/E ratio of approximately 27.9, which is higher than its five-year average of 21.7 [3]. - The ability of AI to consistently translate into search and advertising revenue growth is seen as a critical factor for further expansion of its valuation [3].

Core Viewpoint - Google achieved its strongest performance since 2009, with Alphabet's stock rising 65% in 2025, outperforming other tech giants [2][3] Stock Performance - Alphabet's stock saw a significant increase of 65% for the year, surpassing gains from 2021, with shares hitting a low in April before rebounding over 100% [2] - Among tech companies valued over $1 trillion, Alphabet was the largest gainer, while Broadcom and Nvidia followed with gains of 49% and 39% respectively [2] AI Developments - Google faced skepticism regarding its ability to maintain dominance in the AI era, particularly with competitors like OpenAI's ChatGPT [2] - The Gemini app, launched to compete with ChatGPT, gained traction, surpassing 5 billion images generated and topping the Apple App Store [4] - Google expanded its AI talent pool by acquiring key personnel from the AI startup Windsurf for $2.4 billion [5] Legal and Regulatory Environment - A U.S. District Judge ruled against severe consequences for Google in an antitrust case, allowing the company to retain its Chrome browser and continue paying for default search engine placements [6][7] Market Position and Growth - Gemini's usage share increased to approximately 18%, while ChatGPT's share dropped to about 68% [8] - Analysts believe Google's AI investments are positively impacting its core search business, with expectations for a 15% revenue growth in Q4 2025 [10][11] Financial Outlook - Alphabet raised its capital spending forecast for 2025 to $93 billion, with projections for 2026 exceeding $114 billion [12] - Google's cloud business signed more deals over $1 billion in 2025 than in the previous two years combined, indicating strong demand [12] Analyst Sentiment - Despite potential risks from OpenAI's financial obligations, analysts maintain a buy rating on Alphabet's stock, raising the price target to $400, approximately 28% above its recent closing price [13] - Analysts predict a market shakeout similar to 2000, with Google positioned to lead among fewer dominant competitors [14]

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000 ...