Core Viewpoint - The article emphasizes the importance of analyzing companies based on their financial performance and underlying business fundamentals rather than following market narratives [1]. Group 1: Company Analysis - The focus is on providing individual investors with a clear and honest perspective on what is working and what is not within companies [1]. - The analysis is grounded in over 15 years of market experience and an economics background, ensuring a disciplined approach to company breakdowns [1]. Group 2: Investment Philosophy - The investment philosophy prioritizes numerical data and business fundamentals over speculative narratives [1]. - The goal is to identify actual risks and opportunities in the market for investors [1].

20260119复盘 半导体： 机器人： 1. CPU的短缺，英特尔将 Intel 3和 Intel 7产能转向服务器，Rubin大幅提高了CPU核心数和超线程。 Agent时代的CPU是大管家，统筹Agent环境运行、多Agent调用、记忆系统管理等。 2. 美光预计前所未有的存储芯片短缺将持续到2026年之后。 Agent时代的CPU是大管家，统筹Agent环境运行、多Agent调用、记忆系统管理等。 2. 美光预计前所未有的存储芯片短缺将持续到2026年之后。 机器人： 1. 优必选获得了空中客车公司的订单。 1. 20260119复盘 半导体： 1. CPU的短缺，英特尔将 Intel 3和 Intel 7产能转向服务器，Rubin大幅提高了CPU核心数和超线程。 2. 国内特斯拉机器人供应商正在陆续获得PPA等框架协议。 3. 特斯拉1月28日四季报电话会议。 4. 何小鹏：用汽车标准研发的ET1版本第一台机器人顺利落地。 5. 网传除夕观看指南20:15-20:30北京主会场:锁定中央舞台看宇树G1/H1后空翻+AR数字骏马，视觉高潮在20:25左 右。 人工智能： 1. MiniMax创始人闫俊 ...

眼动追踪是扎克伯格VR战略中的缺失拼图 （映维网Nweon 2026年01月19日）从最初的强推元宇宙到如今的战略转向，Meta究竟错在哪里呢？Upload的伊恩·汉密尔顿（Ian Hamilton）认为，Meta的困境并非VR行业之过，而是一场在错误时间、以错误顺序、为错误愿景执行的技术远征。Meta在关键技术上的 滞后决策，尤其是眼动追踪，同时对"元宇宙"社交愿景的过度执着，使其逐渐丧失先发优势。 2014年，马克·扎克伯格以数十亿美元收购Oculus VR，其前提是虚拟现实将成为个人计算的基石。到了2026年，随着OpenXR和Flatpak技 术的发展，虚拟现实正真正开始在这些基石中扎根。以眼动追踪为关键特征的VR头显操作系统，如今正获得谷歌、Valve和苹果的持续更 新。新的封闭生态体系正在快速建立，即便旧的体系正在瓦解。Valve深耕游戏领域，谷歌依托Android APK生态，而苹果正在打造全新 的直播体育与电视体验——所有这一切都以VR作为全景显示的载体。 在不久前，Meta宣布了其迄今为止最剧烈的战略调整。尽管VR的未来从未如此光明，但Meta转型的沉重代价，可能让一些人认为Oculus V ...

从过去看今天，2015年的两封邮件如何揭示了Meta十年元宇宙困局 （映维网Nweon 2026年01月19日）亏损超700亿美元，大幅裁员，关闭工作室，收缩业务，战略转向……Meta 的十年元宇宙布局，最终在严酷的商业现实面前，迎来了一次剧烈的失重着陆。当然，这并不意味着AR/VR的 终结。如今，Meta已将资源重心转向AI，并继续一场以智能眼镜为起点且更为务实的科技远征。 实际上，《Gorilla Tag》和VRChat等应用的事实表明，真正的、拥有百万用户的虚拟现实已经存在，它存在于 周末孩子们观看虚拟彗星的头显里，存在于数十万人在VRChat中一起跨年的派对上，它的成功源于真实的社 交体验，而非宏大的顶层设计。 延伸阅读 ：从2015年卡马克内部邮件看Oculus VR生态建设战略 https://news.nweon.com/56684 延伸阅读 ：扎克伯格洞见：从2015年内部邮件看Oculus战略、品牌和财务目标 https://news.nweon.com/56665 延伸阅读 ：周末百万用户涌入VR：《Gorilla Tag》正"反抗"元宇宙叙事 https://news.nweon.com ...

英国博彩委员会公开指控Meta平台公司(META.US)对其旗下Facebook和Instagram上出现的非法赌博网站 广告采取"睁一只眼闭一只眼"的态度。 该监管机构执行董事蒂姆.米勒周一在巴塞罗那ICE游戏会议上发表演讲时透露，委员会一直在检查Meta 的可搜索广告库，发现大量无英国运营执照的赌博运营商正针对英国用户投放广告。 "这实质上是一扇窥见犯罪活动的窗口，"根据演讲实录，米勒如此表示。"如果我们能找到这些广告， Meta同样可以：他们只是选择不去查看。" Meta的一位发言人未立即回应置评请求。根据Meta自身的政策，赌博公司必须获得其目标市场国家的 许可才能投放广告。 米勒指出，非法运营商的广告影响弱势群体，并使"罪犯和骗子"获益。无照运营商不缴纳税款，且消费 者面临更高的欺诈风险。 英国博彩委员会以"未接入Gamstop"为关键词进行搜索。Gamstop是一项英国服务，使得问题赌徒自我 排除并禁止在赌博网站参与活动。所有持有英国执照的运营商都必须接入Gamstop并屏蔽使用该程序的 玩家。 米勒称，Meta曾建议博彩委员会应利用其自身的人工智能工具来发现并举报非法广告。他表示，这家 科技巨头 ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Insights - Oklo Inc. (OKLO) has experienced significant volatility in its stock price, particularly following a major agreement with Meta Platforms (META), leading to sharp price movements as investors reassess the company's fundamentals [1][2][6]. Overview of the META Agreement - The agreement with META involves the development of a 1.2-gigawatt advanced nuclear power campus in Pike County, OH, aimed at supporting META's data center and AI infrastructure, with pre-construction activities starting in 2026 and full delivery targeted by 2034 [3]. - The deal includes a prepayment mechanism from META, providing upfront funding to OKLO, which enhances project certainty and capital visibility, facilitating the advancement of OKLO's Aurora technology towards commercialization [4][5]. Recent Share Price Movement - Following the announcement of the META agreement, OKLO shares surged over 45%, but subsequently pulled back approximately 10% within a week, indicating a cooling period after initial excitement [6][11]. - Despite the recent pullback, OKLO shares are still up about 265% over the past year, although they have declined around 40% in the last three months, highlighting the stock's sensitivity to investor sentiment [7]. Drivers of the Pullback - The recent decline in share price appears to be more related to profit-taking rather than a deterioration in fundamentals, as the project timeline and the significance of the META agreement remain unchanged [11][12]. - OKLO's valuation reflects high expectations for future success, making it susceptible to short-term fluctuations in investor sentiment [12]. Business Risk Profile and Earnings History - OKLO is classified as a high-risk investment, being pre-revenue and reporting a loss of $0.20 per share in Q3 2025, with negative earnings estimates expected to widen before narrowing as milestones are achieved [13]. - The company's earnings history has been inconsistent, missing consensus estimates in three of the last four quarters, contributing to its volatility and highlighting execution risks [14]. Investor Perspective - The META agreement reduces uncertainty regarding future demand and funding, enhancing OKLO's credibility in the advanced nuclear power sector, as demand for clean energy from data centers increases [17]. - However, near-term volatility is anticipated due to OKLO's pre-revenue status, ongoing losses, and a valuation that leaves little margin for error, contrasting with established companies like Constellation Energy that offer lower-risk exposure to nuclear energy [18]. Future Outlook - Looking ahead to 2026, OKLO presents a high-upside but high-risk investment opportunity linked to advanced nuclear power, with the META agreement bolstering its long-term narrative [20]. - Recent price movements indicate that enthusiasm can diminish quickly when expectations exceed fundamentals, suggesting that patience is necessary for potential investors [20].

Core Viewpoint - The Gambling Commission of Britain has accused Meta Platforms, the parent company of Facebook and Instagram, of neglecting the issue of illegal online casino advertisements on its platforms, suggesting that the company is willing to accept revenue from criminal activities [1] Group 1 - The Gambling Commission's statement highlights concerns regarding Meta Platforms' oversight of illegal gambling advertisements [1] - The accusation implies that Meta Platforms prioritizes financial gain over regulatory compliance and user safety [1] - This situation raises questions about the responsibility of social media companies in monitoring and controlling illegal content on their platforms [1]

In this article, we argue that Meta Platforms, Inc. ( META ) investments in AI are not visionary growth investments that the market currently prices them to be, but rather a reactive defensive moveI started my career in asset management one year before the GFC. Since then, I have accumulated knowledge and extensive experience in financial analysis and portfolio management of equity, government bond, corporate bond, and money market funds. Fascinated by psychology and the way we make investment decisions. Pa ...

Core Viewpoint - The potential social media ban for users under 16 in Australia may set a precedent that could negatively impact stocks of Meta Platforms, Snap, and Reddit if other countries adopt similar measures [1] Group 1: Impact on Companies - Meta Platforms, Snap, and Reddit could face significant stock declines if the Australian ban influences other nations to implement similar restrictions on social media usage for minors [1] - The proposed ban in Australia is part of a broader trend of increasing regulatory scrutiny on social media platforms regarding user age restrictions [1] Group 2: Industry Implications - The social media industry may experience heightened regulatory challenges as governments worldwide consider age-related restrictions, potentially leading to operational changes and increased compliance costs [1] - If the Australian model is replicated, it could reshape the user demographics and engagement strategies for social media companies, impacting their revenue models [1]