You get Bill's daily "live" buys and sells in his four portfolios: Emerging Growth, Ultra-Growth, Premier Growth, and Dividend & Growth. Our Ultra-Growth portfolio has tripled the returns of the S&P 500 since its 1/1/2019 inception, while our Premier Growth portfolio has doubled the returns of the market during that same time-period.It’s dominated enterprise software for over 30 years, with the near monopoly that was Microsoft Office. Its partnership with OpenAI has it currently sitting atBill Gunderson is ...

微软正将目光投向高温超导技术，以破解人工智能算力扩张带来的数据中心供电瓶颈。该企业近日在官方博客中披露，正评估将高温超导电缆引入数据中心 供电体系，这项以"零电阻"传输电能的成熟技术，如今在经济性与制造层面已具备超大规模场景落地潜力。 这一布局使微软数据中心在电力、网络与热管理三大战略方向形成完整创新拼图。此前该企业已在空心光纤与微流体冷却技术上取得进展，高温超导的加入 补齐了电力传输环节的关键短板。 成本仍是超导电缆大规模应用的核心障碍。高温超导带材通常采用稀土钡铜氧化物制备，材料与制程成本高昂。同时运行过程中需液氮持续冷却，增加系统 复杂度。然而这一瓶颈正因人工智能与核聚变产业的交汇而出现转机。 传统数据中心及绝大多数能源基建至今仍依赖铜导线。电流通过铜线时每一步都会遭遇电阻，不仅产生热量、限制传输容量，还推高冷却负担。高温超导电 缆则完全不同：在液氮冷却至极低温的环境下，电流实现零电阻流动，不发热、无电压衰减，且体积与重量较同等传输能力的铜缆可缩小约十倍。 微软全球基础设施营销总经理表示，主要在两类场景推动高温超导技术落地。在数据中心内部，更纤细的电力排线可极大提升机架布局灵活度，打破当前供 电布局对算 ...

Core Viewpoint - Anthropic has appointed Chris Liddell, a seasoned executive with a background in both corporate and government roles, to its board of directors, which may help improve relations with the Trump administration amid recent criticisms of the company [1][2]. Group 1: Company Developments - Chris Liddell has a notable history, having served as CFO of Microsoft, vice chairman of General Motors, and deputy White House chief of staff during Donald Trump's first term [2]. - Liddell's appointment is seen as a strategic move by Anthropic to foster goodwill with the Trump administration, which has previously criticized the company for its stance on artificial intelligence [2]. Group 2: Industry Context - David Sacks, a venture capitalist and AI czar for the administration, has accused Anthropic of promoting "woke AI" due to its regulatory positions [3]. - Liddell emphasized the importance of responsible governance in transformative technologies, aligning with Anthropic's mission to develop AI that is both capable and responsible [3].

Core Viewpoint - The U.S. Federal Trade Commission (FTC) is intensifying its investigation into Microsoft, focusing on the company's licensing practices and its impact on competition in the AI and cloud computing sectors [1][2]. Group 1: FTC Investigation - The FTC has issued civil investigative requests to multiple competitors in the enterprise software and cloud computing markets, with at least six companies reportedly receiving these demands [2]. - The investigation aims to gather information regarding Microsoft's bundling of AI, security, and identity software within its offerings [2][3]. Group 2: Market Power Concerns - In 2024, the FTC initiated an investigation into whether Microsoft abused its market power in productivity software by imposing restrictive licensing terms that hinder customers from migrating their data to rival cloud platforms [3]. - Competitors have accused Microsoft of practices that effectively lock customers into its Azure cloud service, raising concerns about competitive fairness [3]. Group 3: Competitive Complaints - Google has lodged a complaint with the European Commission, alleging that Microsoft is leveraging its dominant Windows Server operating system to stifle competition [4].

当地时间2月13日，美股三大指数集体震荡，红绿交替。截至发稿全线转跌，道指跌0.03%，纳指跌0.31%，标普500指数跌0.03%。 | 纳斯达克 | 道現斯 | 标普500 | | --- | --- | --- | | 22528.17 | 49435.63 | 6830.69 | | -68.98 -0.31% | -16.35 -0.03% | -2.07 -0.03% | 备受关注的科技"七巨头"齐跌，英伟达跌近2%，特斯拉、微软、谷歌、亚马逊、苹果、Meta跌幅均在1%以内。前两天大涨的存储概念也走低，闪迪跌超 3%，美光跌超1%。 | | P | 阿里巴巴 | 157.275 | -0.92% | | --- | --- | --- | --- | --- | | ▲ 5 | | BABA | | | | 2 | | 英伟达 | 183.945 | -1.60% | | ▼ 1 | | NVDA | | | | 3 | S | 闪迪 | 611.320 | -3.01 % | | | | SNDK | | | | 4 | | 特斯拉 | 414.960 | -0.51% | | ▼2 | | ...

Microsoft Corporation (NASDAQ:MSFT) is among the most profitable mega cap stocks to buy. On February 10, Reuters reported that Microsoft Corporation (NASDAQ:MSFT) is considering utilizing superconducting power lines in its data centers. This would mean expansion of its huge U.S. build-out of the server warehouses by enhancing energy efficiency, the company said. This plan to develop giant data centers across the U.S. has been slowed by the national aging power system and electricity supply limitations. “T ...

Key Takeaways AI capex fatigue and higher yields are driving rotation from growth into value and defensive sectors.Broader market breadth shows leadership expanding beyond mega-cap tech dominance.Staples, utilities, dividend and small-cap ETFs are gaining momentum amid the shift.Wall Street is currently witnessing the “Great Rotation,” with investors shunning hot technology stocks in favor of smaller companies and other defensive sectors. The combination of “AI capex fatigue,” a resilient U.S. economy, and ...

硬·AI 作者 | 杨 宸 编辑 | 硬 AI 微软人工智能业务负责人发出迄今最激进的自动化预警， 称绝大多数白领专业工作可能在一年半内被AI 取代，这一时间表远早于商界和政策制定者的普遍预期 ，为全球劳动力市场敲响警钟。 微软AI首席执行官Mustafa Suleyman在接受英国《金融时报》采访时表示，律师、会计师、项目经理和营 销人员等从事电脑办公的专业人士，其"大多数任务"将在未来12至18个月内被AI完全自动化。 AI导致的失业已初现端倪。根据职业介绍公司Challenger的报告， 今年1月有7624个工作岗位因AI被裁， 占当月裁员总数的7%；2025年全年，AI导致的裁员公告达54836人 。自2023年开始追踪以来，79449个计 划裁员岗位归咎于AI。 与此同时，AI安全与滥用风险也在加速升温。 Anthropic在最新破坏活动报告中警告，其Claude模型在特 定计算机使用场景下对"有害滥用"更敏感，甚至出现与化学武器开发相关的风险信号。 微软AI负责人发出"最激进预警"：律师、会计等大多数白领工作或在18个月内被AI取代，目前市场对于冲击节奏仍有分 歧。华尔街日报称，Mercor雇佣大 ...

Core Viewpoint - Microsoft has seen a 15% decline in stock price since the earnings report on January 28, primarily due to concerns over increased capital expenditures without a corresponding rise in Azure growth guidance and competition from new AI tools in the Office 365 business [1] Group 1: Capital Expenditure and Azure Growth - Microsoft is adjusting its computing power allocation, increasing the share for internal research and Copilot from approximately 10% to 20% [3][5] - For fiscal year 2026, capital expenditures are projected to reach $148 billion, a 400% increase from fiscal year 2022 [3] - Current computing power allocation is about 70% for Azure and 30% for Copilot and internal research, with new GPU allocations approaching a more balanced 60/40 split [6] Group 2: Iceberg Model of Computing Investment - Goldman Sachs introduced an "iceberg analogy" to explain Microsoft's computing capital expenditure strategy, distinguishing between visible investments that directly impact Azure and Office 365 and invisible investments crucial for long-term strategy [4] - If all new computing capacity is allocated to Azure, its growth rate could exceed 40%, indicating a strategic postponement of some growth potential for long-term investments [4][10] Group 3: Drivers of Increased Internal Allocation - Four structural factors are driving the increased demand for Microsoft's computing power, leading to a significant evolution in capital expenditure structure [7] - Azure AI computing power accounts for the largest share, with a multiplier of 4-5 times for "computing power/quarterly new revenue," translating to $0.20 to $0.25 in revenue for every $1 of capital expenditure [8] Group 4: Copilot Investment Strategy - Microsoft is positioning Copilot as a cost-effective enterprise-level LLM solution, priced at approximately $30 per user per month, compared to ChatGPT Enterprise at $60 [12] - Copilot is beginning to make a substantial contribution to M365 commercial cloud revenue, projected to reach $89 billion in fiscal year 2026 [13] - The adoption rate of Copilot is increasing among both internal employees and external customers, driving up computing power consumption [9]

Microsoft has been one of my favorite Majestic 7 stocks for some time. I wrote in January last year that the firm would be one of the better-positioned companies to benefit from the rise ofI aim to help uncover opportunities for investors that have strong potential risk-adjusted returns. I enjoy creating articles by arguing from first principles and walking readers through my reasoning step-by-step. I mostly cover tech stocks, ETFs, precious metals, dividend stocks, and undercovered opportunities in the mar ...