Core Viewpoint - Meta is facing criticism for allowing fraudulent businesses to proliferate on its platforms, with numerous victims reporting being trapped by AI-generated advertisements from fake stores [1][3]. Group 1: Fraudulent Activities - Victims have reported being misled by ads on Facebook and Instagram, leading to significant consumer complaints [3]. - A specific scam involved foreign companies impersonating UK family businesses, resulting in over 60 individuals seeking help from BBC [1][3]. - Meta has removed content from six businesses flagged by BBC, which falsely claimed to operate in England while shipping cheap products from Asia [3]. Group 2: Consumer Experiences - Consumers, such as Claire Brown, have expressed anger after purchasing items they believed were from reputable UK brands, only to receive low-quality products [3][4]. - Brown purchased two dresses for £73 (approximately 684.1 RMB) after seeing repeated ads, but found the quality to be subpar [3]. - Many consumers feel unprotected and frustrated, as these fraudulent sites are easily shared among friends [4].

Core Viewpoint - Meta Platforms is currently undervalued compared to its peers in the AI sector, presenting a potential investment opportunity as the company continues to invest heavily in AI development and has a strong existing business foundation [4][13][14]. Company Overview - Meta Platforms, known for its social media platforms including Facebook, Messenger, WhatsApp, and Instagram, has a user base of 3.5 billion people globally, which drives significant advertising revenue [6][9]. - The company has committed to building advanced AI products and services, having increased its investment in AI and established a superintelligence lab [5][9]. AI Strategy and Growth Potential - Meta aims to create AI that is widely accessible, with its AI assistant already boasting over one billion monthly active users, which is expected to enhance user engagement and attract more advertising spend [7][9]. - The integration of AI into advertising is anticipated to improve ad performance, leading to increased revenue growth for Meta [7][9]. Financial Metrics - Meta's current stock is trading at 24 times forward earnings estimates, making it the cheapest among the Magnificent Seven tech stocks [15]. - The company has a market capitalization of $1,633 billion and a gross margin of 82%, indicating a well-established business model [9][10]. Investment Outlook - Despite a modest increase of about 8% in stock price this year, underperforming the S&P 500, Meta is seen as a bargain relative to its peers, especially as valuations of many AI stocks rise [13][14]. - The current market conditions may favor a rotation towards reasonably priced stocks like Meta, which could lead to significant gains as the company's AI initiatives progress [14].

《华尔街日报》将其视为谷歌向英伟达的市场主导地位发起冲击的信号。 克雷西 发自 凹非寺 量子位 | 公众号 QbitAI 学术界看不下去了，直接戳破： 华尔街在尬吹谷歌TPU ！ 起因是Meta被曝要和谷歌签订数十亿美元的TPU订单，消息曝出后英伟达盘中最大跌幅达到了7%，按照现在的市值计算，一举蒸发了超 3000亿美元。 反观谷歌，在盘中情绪最热烈时涨幅一度达4%，换算成市值相当于增加了约1500亿美元，合人民币超1万亿。 但在从业人士看来，华尔街对此举的看法实在是外行了：Meta、xAI在内的大公司和学术界多年一直在用TPU，市场突然就拿他当成算力救世 主了？ OpenAI技术人员 Clive Chan 表示，不仅谷歌自己的Gemini一直在TPU上训练，像Claude、生图模型MidJourney、Ilya的SSI，也全都用 过TPU。 所以在他看来，Meta和谷歌签TPU订单不是什么奇怪的事，如果Meta没用过的话，反而会更让他惊讶。 谷歌没有护城河，英伟达也没有 Clive对Meta的看法也被现实验证——没过多久谢赛宁就亲口证实， Meta早在2020年就已经开始使用TPU了 。 谢赛宁介绍，当时何 ...

（原标题：深夜，集体大涨！芯片，重大利好传来！） 存储芯片，再传涨价消息！ 昨夜，美股三大指数全线上涨，科技股多数走高，英特尔涨超10%，Meta涨超2%。此外，美股存储概 念股集体异动，闪迪（SanDisk）一度大涨超10%，截至收盘，闪迪涨3.83%，美光科技涨近3%，西部 数据涨3.54%。 从消息面来看，存储芯片涨价传闻不断。11月28日，据36氪报道，全球DRAM市场出现供不应求态势， 存储芯片价格正在飞速提升。其中，512GB存储较上月上涨近500元。 戴尔、惠普等科技公司近日警告称，由于人工智能基础设施建设的需求激增，明年可能出现存储芯片供 应短缺。市场研究机构Counterpoint Research表示，今年以来内存价格已累计上涨50%，而受关键芯片 短缺影响，到明年第二季度，内存价格将在当前基础上再上涨50%。 存储芯片涨价 据36氪消息，知情人士透露，受全球AI算力需求激增影响，全球DRAM市场出现供不应求态势，存储 芯片价格正在飞速提升。其中，512GB存储较上月上涨近500元。目前，手机终端市场面临的涨价风险 最大，部分厂商已暂停采购存储芯片。业内预计，接下来手机产品将迎来一波涨价潮 ...

目前，美股总市值排名前十的个股分别为英伟达、苹果、谷歌A、谷歌C、微软、亚马逊、博通、 META、台积电及特斯拉。(格隆汇) 美股11月收官，周五标普500指数收涨0.54%，11月累涨0.13%；道指数收涨0.61%，11月累涨0.32%；纳 指收涨0.65%，11月累跌1.51%。其中，标普500指数、道指均录得月线7连涨，纳指则为7个月以来首次 下跌。 热门科技股中，11月份，礼来涨24.82%为连续第三个月上涨，市值稳定在1万亿美元上方；谷歌A涨 13.87%为连续第八个月上涨，博通涨9.02%为连续第八个月上涨，美光涨5.68%为连续第四个月上涨， 苹果涨3.24%为连续第六个月上涨，Meta跌0.06%为连续第四个月下跌，台积电跌2.97%，亚马逊跌 4.5%，微软跌4.8%，特斯拉跌5.78%，英伟达跌12.59%。 ...

【美股】截至收盘，道指涨289.30点，涨幅为0.61%，报47716.42点；纳指涨151.00点，涨幅为0.65%， 报23365.69点；标普500指数涨36.48点，涨幅为0.54%，报6849.09点。英特尔(INTC.US)涨超10%，Meta Platforms(META.US)涨超2%，AMD(AMD.US)涨超1%。 【欧股】德国DAX30指数涨74.29点，涨幅0.31%，报23852.08点；英国富时100指数涨26.77点，涨幅 0.28%，报9720.70点；法国CAC40指数涨23.24点，涨幅0.29%，报8122.71点；欧洲斯托克50指数涨 16.98点，涨幅0.30%，报5670.15点；西班牙IBEX35指数涨12.65点，涨幅0.08%，报16374.45点；意大利 富时MIB指数涨161.13点，涨幅0.37%，报43381.00点。 【原油】纽约市场1月交割的WTI原油下跌0.2%，收于每桶58.55美元。2月布伦特原油下跌0.8%，收于 每桶62.38美元。据报道，美国总统特朗普上周与委内瑞拉领导人马杜罗通话，讨论了潜在会面事宜。 两国紧张局势缓和将大幅降低石油的 ...

周五（11月28日），美国股市逢感恩节次日提早三小时收盘，三大指数连续第五个交易日上涨。 截至收盘，道琼斯指数涨0.61%，报47716.42点；标普500指数涨0.54%，报6849.09点；纳斯达克综合指数涨0.65%，报23365.69点。 威廉姆斯表态后，美联储12月降息25个基点的几率大幅上升。芝商所"美联储观察"工具显示，市场预计该行12月会议上降息25个基点的概率 为86.9%。 Zacks Investment Management客户投资组合经理Brian Mulberry评论道："情绪又回到了风险偏好之中，因为市场现在有80%到85%的把握，美 联储将在几周内降息。" Sevens Report Research创始人Tom Essaye写道，"目前来看，数据支持美国经济软着陆，这也促成了感恩节前股市的持续上涨。" "然而，当前经济形势仍存在诸多未知因素，鉴于近几个月来政府数据匮乏，经济可能并不像投资者预期的那样强劲，这其中暗藏着风险。" 先前美股整体走弱部分源于市场对人工智能公司的未来盈利能力存在疑虑，科技股的回调拖累了大盘。但随着多家投行重申对该领域的信 心，美股得以重拾涨势。 热门股 ...

Market Overview - U.S. stock markets closed higher on November 28, 2025, with all three major indexes extending a multi-day rally, driven by hopes for future interest rate cuts and positive economic data [1][12] - The Dow Jones Industrial Average (DJIA) rose 0.6% to 47,427.12, the Nasdaq Composite (IXIC) increased by 0.7% to 23,214.69, and the S&P 500 (SPX) gained 0.5% to 6,812.61, marking the fifth consecutive session of increases for all three benchmarks [2] Weekly Performance - For the week, the Nasdaq surged 4.9%, the S&P 500 was up approximately 3.7%, and the Dow gained about 3.2% [3] - November was mixed; while the S&P 500 and Dow extended their winning streaks to seven months, the Nasdaq ended down 1.5%, attributed to reassessment of profitability timelines for major AI companies [3] Economic Data - Initial jobless claims decreased by 6,000 to 216,000, below the consensus estimate of 229,000, indicating a strong labor market [5] - Orders for durable goods rose by 0.5% in September, missing estimates, while non-defense capital goods orders increased by 0.9%, a key indicator for business spending [5] Upcoming Events - Market participants are monitoring the potential for another interest rate cut by the Federal Reserve next month, which is a significant driver of market optimism [4] - Kevin Hassett is a key contender for the next Fed Chairman, with an announcement expected from President Trump before Christmas, which could influence monetary policy expectations [4] Individual Stock Performance - Intel (INTC) surged 10.2%, leading the S&P 500, following speculation it could become a foundry supplier for Apple (AAPL) processors [7] - Eli Lilly (LLY) shares slipped 2.6%, giving back some recent gains despite a market cap exceeding $1 trillion due to sales of weight-loss drugs [8] - Nvidia (NVDA) shares slid 1.8% amid competitive concerns, while other tech stocks like Microsoft (MSFT) and Amazon (AMZN) saw gains of 1.3% and 1.8%, respectively [9] Sector Performance - Retailers performed well on Black Friday, with Walmart (WMT), Target (TGT), and Amazon (AMZN) finishing up roughly 1% to 2% [10] - Cryptocurrency-related stocks rose as Bitcoin moved above $90,000, with Marathon Digital Holdings (MARA), MicroStrategy (MSTR), and Coinbase Global (COIN) up by 7%, 5%, and 5%, respectively [11]

本文源自：金融界AI电报 周五，美国科技股七巨头指数涨0.35%，报207.05点，本周累计上涨3.95%，11月份累跌2.18%。Meta Platforms收涨2.26%，亚马逊、微软至多涨1.77%，特斯拉张0.84%，苹果涨0.47%，谷歌A涨0.07%，英 伟达则收跌1.81%。此外，AMD收涨1.54%，台积电涨0.53%，伯克希尔哈撒韦B类股涨0.50%，礼来跌 2.61%。"超级"市值科技股指数涨0.79%，报402.65点，本周累涨6.37%，11月份累跌3.03%。除了特斯 拉、谷歌A、AMD、苹果、微软、英伟达、Meta Platforms、亚马逊之外，高通收涨1.79%，奈飞涨 1.36%，博通涨1.36%，Salesforce涨1.05%，Adobe涨0.82%，甲骨文则收跌1.47%。 ...

Meta and Microsoft shares have struggled for momentum over the past three months but rode improving market sentiment this week. ...