桥水二季度加仓英伟达、谷歌、微软、Meta，清仓阿里等部分中概股桥水的13F报告披露，二季度增持英伟达将近439万股，持股总数达到723万股，较一季度末持股数增长154%，成为第三大持仓；增持微软90.56万股至172万股，增幅112%；增持Alphabet38.1万股至80.7万股，增幅84%；增持Meta38.1万股至80.7万股，增幅90%桥水减持亚马逊79.55万股，约6%；减持AMD40.89万股，约19%；清仓了部分中概股，包括一季度增持的阿里巴巴、拼多多、百度以及一季度新进的京东。 ...

Core Insights - The earnings revisions trend remains favorable, with expectations for Q3 2025 showing earnings growth of +4.8% and revenue gains of +5.4% [2][4] - A significant proportion of S&P 500 companies reported Q2 results that exceeded estimates, with total earnings up +11.6% year-over-year and 80.5% beating EPS estimates [4][10] - The overall earnings outlook for Q2 2025 is positive, with S&P 500 earnings expected to increase by +12.0% on +6.0% higher revenues [10][13] Earnings Performance - For Q2 2025, 457 S&P 500 companies reported earnings growth of +11.6% and revenue growth of +5.8%, with 78.8% beating revenue estimates [4][10] - The Tech sector is projected to see Q3 earnings growth of +10.5% with revenue growth of +11.6% [6] - Meta Platforms is expected to report earnings of $6.69 per share for Q3, reflecting a 14.4% increase in estimates over the past month [8] Sector Analysis - Five out of 16 Zacks sectors, including Finance, Tech, and Energy, have seen modest increases in Q3 estimates, while 11 sectors face downward pressure [5] - The Finance sector, particularly large banks and brokers like JPMorgan and Goldman Sachs, shows a notable positive revisions trend [9]

Group 1 - Bridgewater Associates significantly increased its holdings in Nvidia by over 154%, making it the fund's third-largest position [2] - Microsoft saw a holding increase of over 111%, while Google and Meta increased their stakes by over 84% and nearly 90%, respectively, ranking as the sixth, fifth, and seventh largest positions in the fund [2] - Uber's holdings surged by more than five times, and Johnson & Johnson's stake increased by over 667% [2] Group 2 - Bridgewater reduced its positions in Amazon by nearly 6%, AMD by nearly 19%, and PayPal by over 12% [2] - The fund completely exited its positions in Alibaba, Baidu, and JD.com [2] - New positions include chip design company Arm, as well as Intuit, EQT, Lyft, and Ulta Beauty [2] Group 3 - The SPDR S&P 500 ETF (SPY) remains Bridgewater's largest holding, although the stake was reduced by approximately 21.9% [2] - The SPDR Gold ETF (GLD) holdings remained unchanged in the second quarter [2]

谷歌反垄断案件持续发酵，AI搜索领域新兴企业Perplexity抛出惊人收购提议。当地时间8月12日，这家成立仅三年的人工智能初创公司正式向谷歌母公司 Alphabet发出要约，计划以345亿美元全现金收购Chrome浏览器。这一报价几乎达到Perplexity自身180亿美元估值的两倍，堪称典型的"蛇吞象"式交易。 AI新贵的大胆收购计划 2024年8月，美国地方法院判定谷歌垄断搜索市场。法院认定谷歌在搜索服务和搜索文本广告相关市场中具有垄断力量，其分销协议存在排他性，具有反竞 争效果。随后，美国司法部向法院提出一系列整改建议，包括强制谷歌剥离Chrome浏览器业务，以削弱其在互联网搜索市场的垄断地位。 司法部指出，谷歌对Chrome浏览器的长期控制以及默认预装谷歌搜索的做法，大大缩小了可用的分销渠道，从而抑制了新竞争的出现。为完全补救这些危 害，需要确保谷歌对分销渠道的控制彻底结束。然而，谷歌对此提议表示强烈反对，辩称Chrome的剥离将降低浏览器安全性，破坏生态与产品完整性。 Perplexity并非唯一对Chrome感兴趣的潜在买家。OpenAI产品负责人在谷歌反垄断案审理期间作证时表示，若Chrom ...

Core Insights - Bridgewater Associates reported a significant increase in its holdings for Q2, ending June 30, with notable additions to positions in Nvidia, Google, and Microsoft [1] Holdings Summary - The fund increased its stake in Nvidia by approximately 4.39 million shares, representing a growth of 154.37% [1] - Google saw an increase of 2.56 million shares, with a growth rate of 84.08% [1] - Microsoft was boosted by 910,000 shares, reflecting an increase of 111.88% [1] New Positions and Exits - Bridgewater established new positions in Arm and Lyft [1] - The fund completely exited its positions in Alibaba, Pinduoduo, Baidu, and JD.com, which are Chinese concept stocks [1] Fund Size - As of June 30, Bridgewater's total assets under management reached $24.8 billion, marking a quarter-over-quarter increase of 14.81% [1]

Group 1 - Bridgewater Associates, one of the largest hedge funds globally, significantly increased its holdings in major U.S. tech companies during Q2 of this year, particularly in Nvidia [1] - The fund raised its stake in Nvidia by nearly 4.39 million shares, bringing its total holdings to 7.23 million shares, a growth of over 154% compared to the end of Q1 [1] - Bridgewater also added to its positions in other tech giants, including Alphabet, Microsoft, and Meta, while completely exiting positions in Alibaba and Chevron [1] Group 2 - In Q2, Bridgewater initiated a new position in chip design company Arm with approximately 474,000 shares, representing 0.31% of its total holdings [1] - The fund also entered new positions in Intuit (approximately 59,000 shares), EQT (787,000 shares), Lyft (approximately 247,900 shares), and Ulta Beauty (over 58,000 shares), with respective holdings of 0.19%, 0.19%, 0.16%, and 0.11% [1]

经济面上，经济增速放缓、消费趋弱与通胀上行引发滞涨担忧。共和党主导的"大而美"法案包含的高额 支出与减税措施，预计将使美国债务在本年代末升至40万亿美元。但国债收益率并未因财政赤字扩大而 显著上升。 Cboe VIX波动率指数跌至去年12月以来低位14.46，隐含标普500单日波动仅57点，远低于4月的160点。 Northlight资产管理公司CIO Chris Zaccarelli认为，只要失业率保持低位、通胀不足以迫使美联储收紧政 策，牛市就会延续。 智通财经APP获悉，周三，美国股市延续强劲上涨势头，投资者似乎对一系列足以扰乱市场的风险因素 选择"视而不见"，风险偏好依旧高企。 近期，美股不仅无视特朗普总统日益复杂且充满波动性的关税策略，还忽略了通胀压力上升、消费支出 放缓等宏观隐忧，甚至在高企的估值背景下依旧上行。据美国银行8月全球基金经理调查，当前市场已 被普遍视为"严重高估"，但标普500指数年内涨幅接近10%，较4月8日"解放日"关税落地时的低点反弹 近30%。 特朗普推动将美联储调整为更贴合政府经济目标的机构，并解雇劳工统计局局长、提名有党派色彩且曾 建议取消月度就业数据发布的人选接任，同时 ...

Market Performance - The three major U.S. indices rose, with the S&P 500 index setting a closing record for the second consecutive trading day, closing at 6466.58 points, up 0.32% [1] - The Dow Jones increased by 463.66 points, or 1.04%, closing at 44922.27 points, while the Nasdaq rose by 31.24 points, or 0.14%, closing at 21713.14 points [1] - European indices also saw gains, with Germany's DAX30 up 0.51%, the UK's FTSE 100 up 0.17%, and France's CAC40 up 0.66% [1][2] Commodity Prices - Light crude oil futures for September fell by $0.52 to $62.65 per barrel, a decrease of 0.82%, while Brent crude for October dropped by $0.49 to $65.63 per barrel, down 0.74% [2] - Spot gold increased by 0.23%, reaching $3355.91 [3] Cryptocurrency Market - Bitcoin rose nearly 1.9% to $122,387.5, while Ethereum increased by 2.9% to $4,724.39 [4] Macroeconomic Developments - Trump's potential candidates for the Federal Reserve chair have expanded to 11, including notable Wall Street strategists, indicating a lengthy selection process [5] - Chicago Fed President Goolsbee expressed the need for more evidence of inflation improvement before making policy changes, suggesting that all meetings this fall could be opportunities for policy adjustments [6] Corporate News - Bridgewater Associates significantly increased its holdings in Nvidia by 154.37% and exited positions in Alibaba and other Chinese stocks [8] - Apple plans to enter the AI robotics, home security, and smart display markets, with a desktop robot as a core part of its strategy [9] - Oracle is laying off employees in its cloud infrastructure division to manage costs amid rising AI expenditures [10] - Tesla is hiring for its autonomous driving department, indicating potential expansion into the New York ride-hailing market [11] - Amazon aims to expand its same-day delivery service for fresh groceries to over 3,300 cities by the end of the year, impacting competitors like Kroger and Walmart [12] Analyst Ratings - Standard Chartered Bank raised its year-end price target for Ethereum from $4,000 to $7,500, citing improved industry participation and increased holdings [13] - The bank anticipates the stablecoin market will grow approximately eightfold by the end of 2028, significantly impacting Ethereum network fees [14]

we are so backNews from Google (@NewsFromGoogle):@theragetech Thanks for flagging this. Non-custodial wallets are not in scope of Google Play’s Cryptocurrency Exchanges and Software Wallets Policy. We are updating the Help Center to make this clear. ...

Google Play Store Policy - Google Play Store 的加密货币政策不包括非托管钱包 [1] - Google 正在更新帮助中心，以明确非托管钱包不在政策范围内 [1] Media Perception - 加密货币领域突显了传统新闻业和媒体的平庸 [1]