Here is the big question in this AIdriven bull market now in year four. Is this still a starters only rally where the mega caps do most of the work or is a bench finally scoring. Relative strength is one of the cleanest ways to check that and that's what we're digging into in today's stocks in translation. And this chart goes back to 1990, 1990. And you can really see the dot boom and peak right there. That was a peak concentration. Now relative strength is simple. You take one price and divide it by anothe ...

Growth investors have plenty of world-class options to choose from. Whether it's groundbreaking technologies like autonomous vehicles, machine learning, blockchain, virtual reality, or artificial intelligence, one thing is for certain: the future is now. The ability for investors to put some capital to work in the technologies of tomorrow is exciting, and in many respects, this period of time is like no other. Most investors (be they growth-oriented or not) understand the AI revolution is absolutely power ...

证券研究报告 | 2026年01月25日 2026年01月24日 美股市场速览 弱于大市 整体市场平静，能源变数较大 价格走势：整体小幅回撤，小盘价值占优 本周，标普 500 跌 0.4%，纳斯达克跌 0.1%。 风格：小盘价值（罗素 2000 价值+0.2%）＞大盘价值（罗素 1000 价值-0.2%） ＞大盘成长（罗素 1000 成长-0.5%）＞小盘成长（罗素 2000 成长-0.8%）。 12 个行业上涨，12 个行业下跌。上涨的主要有：家庭与个人用品（+3.5%）、 能源（+3.1%）、材料（+2.7%）、汽车与汽车零部件（+2.2%）、制药生物 科技和生命科学（+1.8%）；下跌的主要有：银行（-2.8%）、综合金融（-2.7%）、 房地产（-2.3%）、技术硬件与设备（-2.0%）、公用事业（-1.9%）。 资金流向：整体流动与行业内流向均较缓 本周，标普 500 成分股估算资金流（涨跌额 x 成交量）为+5.6（亿美元， 下同），上周为-1.7，近 4 周为+104.1，近 13 周为+40.5。 11 个行业资金流入，13 个行业资金流出。资金流入的主要有：汽车与汽车 零部件（+9.2）、半 ...

Core Viewpoint - NVIDIA Corporation (NASDAQ:NVDA) is positioned as a leader in the AI infrastructure buildout, which CEO Jensen Huang describes as the largest in human history, emphasizing its multi-layer platform shift that encompasses various sectors [2][3]. Group 1: AI Infrastructure and Market Position - CEO Jensen Huang frames AI as a multi-layer platform shift, impacting energy, chips, data centers, models, and applications, which is driving demand across multiple industries [2]. - NVIDIA's sustained capital expenditure (capex) and software-led monetization strategies support its durability beyond short-term GPU cycles, reinforcing its foundational role in AI infrastructure [3]. - Over $100 billion in global venture capital investment into AI-native startups indicates strong future demand for computational resources [3]. Group 2: Geopolitical Challenges - Near-term geopolitical challenges are present, as Huang plans to visit China to seek clarity on selling the H200 AI chip, amidst indications of restrictions from Chinese customs despite U.S. export approval [4]. - The server partner Inventec reported that shipments are "stuck on the China side," leading to uncertainty regarding revenue visibility from China [4]. Group 3: Business Focus - NVIDIA focuses on designing GPUs and accelerated computing platforms that span gaming, data centers, AI software, networking, and automotive markets [5].

NVIDIA Corporation (NASDAQ:NVDA) is one of the best stocks to buy and hold for 20 years. NVIDIA (NVDA) CEO Jensen Huang Frames AI as the Largest Infrastructure Buildout in Human History On January 21, 2026, NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang appeared on the World Economic Forum stage in Davos, framing AI as “the largest infrastructure buildout in human history.” He sees AI not as a single technology cycle but as a multi-layer platform shift. According to him, this shift spans energy, chips ...

2026.01. 24 在中国大城市网购越来越发达的当下，黄仁勋要找到一个像样的菜市场，团队也花了心思。 第一财经记者了解到，黄仁勋此次逛的锦徳市场刚改造不久，买菜环境有了很大的改善，这里也是浦 东陆家嘴地区最主要的菜场。 本文字数：999，阅读时长大约2分钟 作者 | 第一财经 钱童心 不需要前往寒冷的瑞士达沃斯小镇，在上海，买个菜的功夫，也能偶遇全球十大富豪之一的英伟 达"显卡之父"黄仁勋。 1月24日，英伟达CEO黄仁勋突降上海。当天，他惊现浦东陆家嘴附近乳山路锦徳菜市场，品尝并购 买水果小吃等食物，引来群众围观合影。不过他这次没有穿上标志性的皮夹克。 截至上周五美股收盘，英伟达市值接近4.6万亿美元，稳居全球企业市值榜首。根据彭博富豪榜最新 排名，现年62岁的黄仁勋以1550亿美元身家位居全球首富榜第九。英伟达在上一财年中营收达到 1305亿美元。 全球第一大市值公司老板沉浸式体验上海菜场，有网友直呼"乖乖，不得了了！"，还有人惊喜地发出 与黄仁勋的合影并表示："在上海买个菜都能偶遇全球显卡首富。" 据网上视频，黄仁勋一边试吃一边与水果摊老板娘谈笑风生，并在一枚红包上签名。视频还显示，黄 仁勋大方购物 ...

以下文章来源于科创板日报 ，作者黄心怡 毛明江 科创板日报 . 专注科创板和科技创新，上海报业集团主管主办，界面财联社出品。 英伟达创始人黄仁勋2026年首度来华，第一站到访了上海。 英伟达在上海的新办公楼 "皮衣黄"现身上海菜市场 今日，黄仁勋还现身陆家嘴街道乳山路锦德菜市场，体验上海市井风俗。 上海产业优势明显 据了解， 黄仁勋这次来华主要参加上海、北京和深圳分公司的新年晚会，以及供应商答谢会。 目前，英伟达在中国设有三大核心"据点"：分别位于北京、上海和深圳。黄仁勋此次到访的是 英伟达上海办公室新址，位于上海张江的纳贤路600号。该楼共16层，高80米，建筑面积约 2.33万平方米。 据此前报道，英伟达在中国员工总数近4000人，过去几年增长约50%至60%，其中上海研发中 心已有超过2000名员工，原有办公空间已无法满足发展需求。 2025年5月，英伟达在上海设立新办公场所，重点将承担芯片设计验证、产品优化及自动驾驶 等领域的研究任务。 当时，英伟达方面就此事向媒体回应称，公司正在为现有员工租用一个新的办公空间，这是其 在中国持续深耕市场的举措之一。同时，英伟达也强调将遵守当前的出口管制规定。 中国市 ...

Market Overview - Stock futures are modestly lower, influenced by Intel's significant pre-market decline and ongoing geopolitical uncertainty [1] - Markets are trading mixed and cautiously softer after a volatile week reflecting shifting investor sentiment around geopolitics, earnings, and economic data [1] Commodity Trends - Gold continues to see strong demand, trading near record levels, while the silver spot price has surpassed $100 per ounce [2] Futures Performance - In pre-market trading, S&P 500 futures fell 0.19%, Nasdaq futures fell 0.23%, and Dow futures fell 0.43% [2] Company Movements - Life360 (LIF) up 23% after FY25 pre-announcement [5] - Nvidia (NVDA) up 1% following reports that Chinese regulators are preparing for orders of Nvidia's H200 AI chips [5] - Intel (INTC) down 12% after a weak outlook [5] - Other notable movements include Booz Allen (BAH) up 6%, Intuitive Surgical (ISRG) up 3%, and Capital One (COF) down 4% [5]

截至上周五美股收盘，英伟达市值接近4.6万亿美元，稳居全球企业市值榜首。根据彭博富豪榜最新排 名，现年62岁的黄仁勋以1550亿美元身家位居全球首富榜第九。英伟达在上一财年中营收达到1305亿美 元。 1月24日，英伟达CEO黄仁勋突降上海。当天，他惊现浦东陆家嘴附近乳山路锦徳菜市场，品尝并购买 水果小吃等食物，引来群众围观合影。不过他这次没有穿上标志性的皮夹克。 全球第一大市值公司老板沉浸式体验上海菜场，有网友直呼"乖乖，不得了了！"，还有人惊喜地发出与 黄仁勋的合影并表示："在上海买个菜都能偶遇全球显卡首富。" 不需要前往寒冷的瑞士达沃斯小镇，在上海，买个菜的功夫，也能偶遇全球十大富豪之一的英伟达"显 卡之父"黄仁勋。 2024年11月，黄仁勋出现在香港深水埗某大排档，与同桌十几人一同喝啤酒，这些人中间除了有香港特 区政府财政司司长陈茂波之外，香港科技大学校长叶玉如院士、校董会主席沈向洋以及红杉资本沈南鹏 也出现在画面中。 第一财经记者注意到，近年来，美国科技巨头公司高管访华期间，都会被安排"特色行程"。比如黄仁勋 访华爱逛市场，显得非常"接地气"；而苹果CEO库克访华期间则高频出现在公园及一些艺术场所， ...

Core Insights - Investors who bought Nvidia shares after the DeepSeek-related market crash on January 27, 2025, have seen significant gains, with a $1,000 investment growing to approximately $1,580 by January 23, 2026, reflecting a 58% return [1][5] Group 1: Market Impact - The DeepSeek market crash was triggered by a sell-off in technology stocks due to the release of advanced AI models from the Chinese startup DeepSeek, raising concerns about U.S. leadership in AI and demand for Nvidia's hardware [3][4] - Nvidia experienced a nearly 17% drop in a single session during the crash, resulting in a loss of about $600 billion in market value, marking the largest one-day loss in Wall Street history [4] Group 2: Recovery and Demand - Following the crash, Nvidia's stock rebounded nearly 9% the next day as investors viewed the sell-off as an overreaction, and the stock continued to appreciate due to sustained demand for high-performance GPUs in AI training and inference [5] - Strong quarterly results indicated resilient data center revenue, bolstered by partnerships with major U.S. technology firms expanding AI infrastructure [5] Group 3: Competitive Landscape - Nvidia's advancements in chip design and software ecosystems have reinforced its market position, while the perception shifted towards the idea that more efficient AI models would increase overall adoption rather than diminish hardware demand [6] - Geopolitical tensions have deterred Western companies from adopting Chinese AI solutions, limiting DeepSeek's commercial impact, while U.S. competitors like OpenAI and Google have enhanced their ecosystems, reducing DeepSeek's cost-driven appeal [7]