Oklo's agreement with Meta Platforms to power its data centers is 'one of a few firm, binding partnerships today,' says BofA Securities. ...

【导读】特朗普改口，市场暴涨 中国基金报记者 泰勒 大家好，今晚好消息，涨跌全看特朗普，外围市场全线大涨了！ 一起看看发生了什么事情。 1月21日晚间，美股三大指数高开高走，道指涨约500点，纳斯达克指数涨超1%，标普500指数也涨超 1%。 尽管特朗普排除了军事行动，但他仍表示，他正在"寻求立即谈判，再次讨论由美国收购格陵兰的事 宜"。 特朗普还在达沃斯讲话中表示，他将要求国会落实其提出的10%信用卡利率上限方案。鉴于国会内部支 持不足，这一前景仍不确定。该表态推动美股银行股上涨。 此外，美国财长贝森特周三在达沃斯对记者表示，特朗普政府"并不担心"前一交易日的抛售。 分析师表示，关键不在于特朗普说了什么，而在于他没有说什么。"他没有重申对欧洲的关税威胁；他 没有说政府会动用武力夺取格陵兰；他也没有说要给信用卡利率设上限，而是让国会去做。这更像是在 降低实质内容的烈度，尽管风格仍然是典型的特朗普"。 摩根大通资产管理的Bob Michele表示，周二市场的抛售是在向特朗普政府传递信息：需要采取行动恢 复秩序，就像去年"解放日"关税扰动投资者之后，官员们所做的那样。 在特朗普对世界经济论坛表示他不会以武力收购格 ...

【导读】特朗普改口，市场暴涨 中国基金报记者 泰勒 大家好，今晚好消息，涨跌全看特朗普，外围市场全线大涨了！ 一起看看发生了什么事情。 1月21日晚间，美股三大指数高开高走，道指涨约500点，纳斯达克指数涨超1%，标普500指数也涨超1%。 在特朗普对世界经济论坛表示他不会以武力收购格陵兰之后，股市上涨，市场对这一问题的担忧缓解；此前该担忧曾扰动市场并引发资金 撤离美国资产。 特朗普在达沃斯的讲话中谈到，他认为美国在北约承担了财政和军事负担。以下这段话提振了股市： 特朗普还在达沃斯讲话中表示，他将要求国会落实其提出的10%信用卡利率上限方案。鉴于国会内部支持不足，这一前景仍不确定。该表 态推动美股银行股上涨。 此外，美国财长贝森特周三在达沃斯对记者表示，特朗普政府"并不担心"前一交易日的抛售。 分析师表示，关键不在于特朗普说了什么，而在于他没有说什么。"他没有重申对欧洲的关税威胁；他没有说政府会动用武力夺取格陵 兰；他也没有说要给信用卡利率设上限，而是让国会去做。这更像是在降低实质内容的烈度，尽管风格仍然是典型的特朗普" 。 摩根大通资产管理的Bob Michele表示，周二市场的抛售是在向特朗普政府传递信息 ...

Meta’s new artificial intelligence lab has reportedly delivered its first AI models internally.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Andrew Bosworth, the company’s chief technology officer, told Reuters W ...

Upgrades Summary - Susquehanna upgraded Arm (ARM) to Positive from Neutral with an unchanged price target of $150, citing recent downgrades from competitors and significant underperformance as an "excellent setup" for investors [2] - BNP Paribas upgraded Seagate (STX) to Outperform from Neutral with a price target of $380, expressing greater conviction that "robust" data center storage demand could lead to a longer upcycle than initially expected [2] - Raymond James upgraded Ulta Beauty (ULTA) to Strong Buy from Outperform with a price target increase to $790 from $605, anticipating "outsized growth" in fiscal 2026 following heavy investments [2] - Northcoast upgraded Advance Auto Parts (AAP) to Buy from Neutral with a price target of $55, highlighting "healthy" demand trends and performance improvements into 2026, along with a strategic decision to sell Worldpac and focus on core retail [2] - BofA upgraded Oklo (OKLO) to Buy from Neutral with a price target raised to $127 from $111, following a binding agreement with Meta (META) to develop a phased 1.2 GW advanced nuclear campus [2]

Core Insights - Meta Platforms' shares have declined approximately 8.5% year to date in 2026, adding to a rough end to 2025, with a 20% drop since the third-quarter earnings report on October 29 [1][2]. Financial Performance - Meta's third-quarter revenue increased by 26% year over year, up from 22% in Q2, with significant contributions from AI advancements [5]. - The company's income from operations rose 18% year over year to $20.5 billion in Q3, and free cash flow reached nearly $11 billion in the same quarter [6]. - Meta's valuation is conservative at 27 times earnings, with a forward price-to-earnings ratio of just 21, indicating a potentially attractive investment opportunity [7]. Business Growth - Meta is experiencing strong business momentum, with rapid growth across its platforms, including Facebook, Instagram, WhatsApp, Threads, and Meta AI [4]. - The annual revenue run rate for Meta's AI-powered ad tools has surpassed $60 billion, reflecting the effectiveness of its AI ranking systems in the advertising business [5]. - Meta AI has over 1 billion monthly active users, showcasing explosive growth in user engagement [5]. Future Outlook - The company plans to invest over $100 billion in capital expenditures next year, primarily focused on AI compute [8].

Core Insights - The market requires trillions of dollars for AI infrastructure buildout, as stated by NVIDIA CEO Jensen Huang, emphasizing the urgency of modernization in data centers by 2030 [2][3] - NVIDIA is capturing significant gross margins of 80-85% on the infrastructure supporting this transformation, indicating strong profitability potential in the sector [3] Company Summaries Meta Platforms - Meta is investing $18.8 billion per quarter in building its own AI infrastructure, leading to an 8.5% decline in stock price year-to-date despite strong earnings [4] - The company reported a net income of $2.7 billion for Q3 2025, impacted by an $18.9 billion tax expense, highlighting healthy profitability when adjusted [5] - The investment strategy hinges on Meta's ability to monetize its infrastructure faster than competitors, with a forward PE of 21x suggesting potential for growth by 2027 [6] Amazon - Amazon has the highest quarterly capital expenditure at $35.1 billion, with investors looking to AWS to drive stock performance amid flat growth [7] - In Q3 2025, Amazon reported a net income of $21.2 billion on $180.2 billion in revenue, achieving an 11.1% profit margin, but retail operations create volatility in earnings [8] - The forward PE of 30x reflects expectations for significant growth from AWS in monetizing AI workloads [8] NVIDIA - NVIDIA reported a net income of $31.9 billion on $57 billion in revenue for Q3 FY2026, with gross margins at 73.4%, showcasing its strong position in the AI infrastructure market [9]

Core Viewpoint - Meta's acquisition of Manus for approximately $2 billion aims to enhance AI innovation and integrate advanced automation into its products, but existing Manus customers express concerns about data privacy and trust under Meta's ownership [3][7][10]. Company Overview - Manus, founded in China in 2022 and later relocated to Singapore, specializes in general-purpose AI agents capable of performing complex tasks like market research and data analysis [4]. - Manus reported a revenue run rate exceeding $125 million and millions of paying customers at the time of the acquisition [7]. Customer Sentiment - Some Manus customers, including Arya Labs, have ceased using the platform due to distrust in Meta's data practices, expressing disappointment over the acquisition [5][8]. - Concerns about the application of Meta's data policies to Manus have led other companies, like 0260.AI, to stop recommending Manus to clients [9]. Market Position and Strategy - Meta's strategy in the AI market remains unclear, especially in comparison to leaders like OpenAI and Google, with significant investments made but no defined long-term plan [10]. - Meta's stock has declined by 17% since the last earnings call, reflecting investor concerns about rising AI costs, which are projected to exceed $100 billion by 2026 [11]. Competitive Landscape - Competitors like Lindy have seen increased user interest following Meta's acquisition announcement, indicating a potential "halo effect" that raises awareness of AI software [12]. - Meta's focus appears to be on small businesses, which are crucial for its advertising revenue, rather than targeting large enterprises [12][13]. Challenges and Opportunities - Meta has faced difficulties in the enterprise sector, having previously shut down its Workplace platform and other initiatives [14][15]. - WhatsApp for Business has emerged as a successful avenue for Meta, with projections suggesting it could generate $40 billion in revenue by 2030 [17][18].

Group 1 - Meta Platforms' CTO Andrew Bosworth announced the delivery of the first key AI models from the newly established Meta Super Intelligence Lab, marking initial success in CEO Mark Zuckerberg's AI strategy restructuring [1] - The models delivered show "great potential" and are described as "outstanding," despite the team having worked for less than six months [1] - Meta faced criticism for the underperformance of the Llama 4 model, prompting significant leadership changes and talent acquisition to regain competitive advantage in the AI sector [1][3] Group 2 - Bosworth referred to 2025 as a "chaotic year" for Meta, during which the company will establish labs, infrastructure, and procure computing power, with early signs of favorable returns from these investments [2] - The company is developing AI models codenamed Avocado and Mango, with plans to launch Avocado in the first quarter, although specific details on the delivered models were not disclosed [2] - The next two years are critical for bringing consumer AI products to market, as recent technological advancements are expected to address everyday queries effectively [2] Group 3 - Meta is currently promoting AI-enabled Ray-Ban smart glasses but has paused international expansion to prioritize U.S. orders [3] - The adjustment in Meta's AI strategy is closely monitored due to previous criticisms regarding the Llama 4 model's performance and the competitive landscape in the AI market [3]

AI大厂终于意识到继续与内容平台对抗是条不归路。 就在全球最知名的百科全书网站维基百科（Wikipedia）庆祝25周年之际，负责运营维基百科的维基媒 体基金会方面宣布，亚马逊、Meta、微软、Mistral AI以及Perplexity等多家AI大厂加入"维基媒体企业合 作伙伴计划"（Wikimedia Enterprise）。 因此也就意味着，这些厂商将付费获取维基百科的"企业级数据访问权"，以获取这家百科全书网站的实 时数据。而维基媒体企业合作伙伴计划则会根据他们的特定需求，对维基百科海量的文章数据进行结构 化处理，使其更易于模型训练和商业用途。对此维基媒体基金会表示，来自亚马逊、微软等厂商的授权 费用将直接用于支持该非营利组织的长期运营。 简而言之，维基百科将旗下的数据资产整理成AI更易懂的形式，以方便AI厂商即拿即用。 比如在金融大模型中，交易金额、交易时间、交易类型等结构化的交易记录，就可以作为模型的输入特 征，帮助AI学习和识别风险模式，从而提升输出结果的稳定性。不仅如此，结构化数据与知识图谱之 间存在天然的协同关系，通过将两者结合，AI大模型就可以更准确地理解数据的上下文和语义。 而维基百科之 ...