【导读】科技股大涨，俄罗斯降息50个基点 中国基金报记者 泰勒 兄弟姐妹们啊，周五泰勒在香港拍了一天的视频，今晚回到深圳继续写稿，现在先关注一下晚间海外市场的表现。 科技股继续反弹 12月19日晚间，美股三大指数大涨，道指涨超200点，纳指涨近1%。 大型科技股带头反弹，投资者一边防着创纪录规模的期权到期可能引发的剧烈波动，一边重新押注风险资产。 超大盘股中，英伟达领涨，甲骨文大涨7%。过去几天，人工智能概念股的波动明显加剧。市场在重新评估美联储后续降息空 间的同时，股指也出现了较大幅度的来回拉扯。 | 了 筛选 | | 最新价 = | 涨跌幅 = □' | | --- | --- | --- | --- | | Sandisk Corporation | | 234.86 | +7.02% | | us SNDK | | | | | 甲骨文 | | 192.49 | +6.92% | | us ORCL | | | | | 美光科技 | | 262.98 | +5.81% | | us MU | | | | | 美国超威公司 | | 210.22 | +4.55% | | US AMD | | | | | ...

Economic Outlook - New York Fed President John Williams expressed optimism about the economy, stating that some data is "pretty encouraging" and there is no sign of a sharp deterioration in jobs data [1] - He projected US GDP growth for this year to be between 1.5% and 1.75%, with expectations of growth picking up next year [1] Consumer Sentiment and Housing Market - The University of Michigan's consumer sentiment index for December was unexpectedly revised downward by -0.4 to 52.9, falling short of expectations [2] - Existing home sales in the US for November rose by +0.5% month-over-month to a 9-month high of 4.13 million, although this was below the expected 4.15 million [2][4] Stock Market Performance - Stock indexes showed positive movement, with the S&P 500 up by +0.67%, the Dow Jones up by +0.56%, and the Nasdaq 100 up by +0.94% [6] - A rally in cloud infrastructure stocks, particularly Oracle which rose by more than 7%, contributed to improved market sentiment [5][13] Bond Market Dynamics - Higher bond yields are limiting stock gains, with the 10-year T-note yield increasing by +2 basis points to 4.14% [3] - The yield curve has steepened since the last FOMC meeting, impacting T-note prices negatively due to increased demand for short-term government debt [10] International Markets - Overseas stock markets also experienced gains, with the Euro Stoxx 50 up by +0.40%, China's Shanghai Composite up by +0.36%, and Japan's Nikkei Stock 225 up by +1.03% [8] Company-Specific Movements - Carnival Corp reported Q2 adjusted EPS of 34 cents, exceeding consensus expectations of 24 cents, leading to a stock increase of more than +9% [16] - Whitefiber Inc saw a stock increase of more than +7% following a significant co-location agreement, representing around $865 million in contracted revenue [17] - Nike's stock fell by more than -8% after forecasting a decline in Q3 revenue and gross margins due to ongoing weakness in China [19] - Lamb Weston Holdings forecasted full-year net sales below consensus, leading to a stock decline of more than -23% [18]

截至北京时间23:00，道琼斯指数涨近0.6%，纳斯达克指数涨近1.2%，标普500指数涨近1%。 科技七巨头多数上涨，英伟达涨超3%，微软、谷歌、特斯拉、亚马逊小幅上涨。 美光科技的强劲业绩继续带飞存储概念股，闪迪大涨近10%，美光科技股价一度触及历史新高268.38美 元，截至发稿涨幅回落至6.4%，甲骨文涨近6%。 热门中概股多数上涨，纳斯达克中国金龙指数涨超1%，中金科工业大涨超17%，小马智行涨近8%，小 鹏汽车、禾赛科技、拼多多涨超6%。 消息面上，拼多多今日宣布调整公司治理结构，实行联席董事长制度，并任命赵佳臻为联席董事长，与 陈磊共同担任联席董事长兼联席CEO。 知名个股方面，体育用品巨头耐克的股价开盘大跌，现大跌近10%，创下今年4月以来新低。 消息面上，耐克最新财报显示，2026财年第二季度（截至11月30日），净利润同比大降32%。同时，该 公司预计第三季度的营收将出现下滑。 据券商中国报道，有分析师表示，耐克的业绩，未能令投资者信服其业务正在复苏。 12月19日，美股三大指数集体高开，科技股大涨，热门中概股普涨；黄金白银走势分化，比特币站上 88000美元，加密货币市场近15万人被爆仓 ...

Core Viewpoint - Micron's FY26Q1 financial results exceeded guidance, showcasing significant revenue and margin growth driven by strong demand in AI and data center markets [3][4][22]. Financial Performance - FY26Q1 revenue reached $13.64 billion, up 57% year-over-year and 21% quarter-over-quarter, surpassing guidance of $12.5 billion [4][34]. - Gross margin was 56.8%, an increase of 11.1 percentage points year-over-year and 11 percentage points quarter-over-quarter, also exceeding guidance [4][34]. - Net profit margin stood at 40.2%, with EPS at $4.78, reflecting a 167% year-over-year increase [4][34]. Product Segmentation - DRAM revenue was $10.8 billion, up 69% year-over-year and 20% quarter-over-quarter, driven by a 20% price increase [5][35]. - NAND revenue reached $2.7 billion, up 22% year-over-year and quarter-over-quarter, with mid-single-digit percentage growth in bit shipments [5][35]. - Cloud storage revenue hit $5.28 billion, doubling year-over-year, while core data center revenue was $2.38 billion, up 4% year-over-year [5][36]. Market Outlook - The demand for HBM is projected to grow at a compound annual growth rate (CAGR) of 40%, with the total addressable market (TAM) expected to reach $100 billion by 2028 [6][26]. - Data center and HBM revenues reached record highs in FY26Q1, with expectations for continued strong demand in 2025 and beyond [6][29]. - The company anticipates DRAM and NAND bit demand growth of over 20% in 2025, with supply constraints expected to persist into 2026 [7][33]. Capital Expenditure - Capital expenditure for FY2026 has been raised to $20 billion, primarily to support HBM and 1-Gamma technology ramp-up [8][27]. - The company is investing in global manufacturing capabilities to address ongoing supply-demand imbalances [27][39]. Operational Efficiency - The company reported an operating profit of $6.4 billion, with an operating margin of 47%, reflecting strong cost control and product mix optimization [34][38]. - Cash flow from operations reached $8.4 billion, with free cash flow at $3.9 billion, setting a quarterly record [34][39]. Strategic Positioning - Micron is leveraging its leadership in advanced technologies like HBM and 1-Gamma DRAM to capitalize on AI-driven demand [24][26]. - The company is enhancing its competitive position through strategic partnerships and long-term supply agreements with key customers [49].

Key TakeawaysThe Swiss Franc (CHF) surged to a new record high against the Japanese Yen (JPY), reaching 197.16 Yen and marking a 0.69% increase.The Euro (EUR) also hit an unprecedented high versus the Japanese Yen, climbing 1.2% to 184.57 Yen.The NASDAQ 100 (NDX) extended its rally, posting a 1% gain, fueled by cooling inflation data and renewed optimism in the technology sector.Currency Markets: Yen Under Pressure as European Majors SoarThe Japanese Yen experienced significant depreciation on Friday, Decem ...

Market Overview - U.S. stock markets opened higher on December 19, 2025, following a volatile week, with major indexes buoyed by cooler-than-expected inflation data for November, raising hopes for potential Federal Reserve rate cuts in the new year [1][2] - The S&P 500 Index opened at 6,792.62 points, up 17.86 points or 0.26 percent, while the Nasdaq Composite Index opened at 23,121.90 points, up 115.54 points or 0.50 percent, and the Dow Jones Industrial Average opened at 47,974.82 points, up 22.97 points or 0.05 percent [2] Economic Outlook - The Federal Reserve cut interest rates by a quarter-point to a range of 3.50%-3.75% during its final meeting of 2025, but further cuts are not guaranteed without significant weakening in the job market [3] - Economic reports are expected to be viewed with skepticism due to distortions caused by a recent government shutdown [3][4] Upcoming Economic Data - Key economic data releases include Final GDP q/q, Core PCE Price Index, Existing Home Sales, and Revised UoM Consumer Sentiment, which are critical for assessing inflation and consumer behavior [4] Quadruple Witching Impact - "Quadruple witching" is occurring today, with a record $7.1 trillion in options expiring, which could lead to increased market volatility [5] Corporate Developments - Oracle (ORCL) shares rose 5.5% on news of a potential joint venture with ByteDance for TikTok's U.S. operations, granting American investors a controlling stake [6] - Micron Technology (MU) shares jumped nearly 5% after a strong earnings report, with a 10% surge the previous day, driven by demand for AI memory solutions [7] - Nike (NKE) shares fell over 10% due to weaker-than-expected revenue from China and higher tariffs impacting gross margins [8] - FedEx (FDX) reported revenue of $23.47 billion and adjusted earnings per share of $4.82, but shares remained flat [9] - Winnebago (WGO) shares soared 12% after strong fiscal first-quarter results and an increased full-year outlook [9] - Darden Restaurants (DRI) reported second-quarter revenue of $3,102.1 million, exceeding estimates, leading to a 1.8% rise in shares [10] - Cintas Corporation (CTAS) shares gained 1.3% after reporting earnings of $1.21 per share, beating expectations [10] - Enerpac Tool Group Corp. (EPAC) shares declined 8.8% after missing earnings estimates [10] Global Economic Developments - The Bank of Japan raised its key policy rate to 0.75%, the highest since 1995, contributing to a rise in global shares [11]

智通财经APP获悉，周五，芯片概念股集体走高，美光科技(MU.US)盘初涨超7%，股价触及历史新高。 英伟达(NVDA.US)涨超2.9%，AMD(AMD.US)涨超4.5%，台积电(TSM.US)涨超1.2%，博通(AVGO.US) 涨超2.4%。 ...

Traders who spent most of December wondering if the typical year-end “Santa Claus rally” was ever going to kick in may finally be getting what they’ve been waiting for. The S&P 500 Index advanced 0.8% on Thursday, halting a four-day losing streak that has left the benchmark gauge down for the month. If history is any guide, stocks will keep pushing higher: Since 1928, the S&P 500 has risen 75% of the time in the last two weeks of December, rising 1.3% on average, data compiled by Citadel Securities show. ...

So o over a month, Steph, Meta is the only one of the the right in the sweet spot AI stocks that is higher. It's up 3%. Everything else has had decent pullbacks.Coreweave down 7 and a half, Oracle down 10. We we've been saying that this trade is going to be difficult to see stabilization without Oracle and Coreweave stabilizing, right. because they're the ones that are in the eye of the the whole storm.I'm reminded what Apollo's Mark Rowan said in an interview last week about what's happening with some of t ...

Market Trends - The S&P 500 index rose by 0.8%, ending a four-day decline, with historical data indicating a 75% probability of an increase in the last two weeks of December, averaging a 1.3% gain since 1928 [1] - Optimism regarding strong economic performance and corporate earnings is supporting investor confidence, despite ongoing concerns about AI-related valuations [3] - A recent inflation report, which was below expectations, has boosted expectations for further interest rate cuts next year, contributing to a rebound in the U.S. stock market [3] Investment Behavior - Traders are significantly buying call options for chip manufacturers and large-cap tech stocks, indicating a bullish sentiment in the market [3] - Derivatives traders are expressing confidence by buying call spreads on companies like NVIDIA and Micron Technology while selling put options on major tech stocks [4] - Retail investors have shown sustained interest, with 32 out of the last 33 weeks being net buyers of bullish options on U.S. stocks, marking the longest continuous net buying period recorded [4] Institutional Investor Sentiment - Institutional investors have become more optimistic, with significant purchases of call options across the market and interest in sectors beyond large tech stocks, particularly in economically sensitive real estate and industrial stocks [5] - The S&P 500's 10-day realized volatility has dropped to one of its lowest levels this year, potentially encouraging volatility-targeting funds to increase stock exposure [5] - There is an expectation for further compression in volatility, which may provide additional leverage opportunities for hedge funds employing systematic strategies [5]