昨晚，美国公布了最新的CPI数据：1月的未季调CPI年率从2.7%降至2.4%，创下2025年5月以来的新低，市场预期为2.5%。而1月未季调核心CPI年率则从 2.6%回落至2.5%，也创下了自2021年3月以来的最低水平，符合市场预期。根据智通财经报道，美国利率期货市场反应较为积极，将美联储在6月放宽政 策的概率从公布前的63%上调至69%。与此同时，交易员们预计美联储今年会有第三次降息的概率为50%。在CPI数据公布后，市场对美联储未来降息的 预期有所上升，2026年美联储降息幅度预期从58个基点升至61个基点。 | 道琼斯工业 | 纳斯达克指数 | 标普500 | | --- | --- | --- | | 49500.93 | 22546.67 | 6836.17 | | +48.95 +0.10% | -50.48 -0.22% | +3.41 +0.05% | | 美国科技七巨头 | 中概科技龙头 | 中国金龙 | | 61603.43 | 4019.83 | 7591.86 | | -815.13 -1.31% | +5.81 +0.14% | -7.48 -0.10% | 截至当天收盘，美国 ...

Group 1 - The core mission of Tesla has evolved significantly over the years, shifting from "accelerating the world's transition to sustainable energy" in 2019 to "stunning prosperity" recently, indicating a departure from its original environmental focus [2][3] - Elon Musk has declared that Tesla is not merely a car company but a robotics company, planning to cease production of Model S and X in favor of producing 1 million units of the Optimus robot [2] - SpaceX's objectives have also changed, with Musk announcing a new focus on building self-sustaining cities on the Moon, while still claiming to pursue Mars city development, although timelines remain vague [2] Group 2 - Analysts suggest that Musk's shifting missions are not driven by noble ideals but rather to cater to investors and boost stock prices, intertwined with personal emotions [3] - Musk's contradictory statements regarding the future of AI, claiming it will surpass human intelligence in 5-6 years while also suggesting AI will retain humanity due to "curiosity," raise concerns about his vision for the future [2]

方舟投资管理公司创始人凯茜·伍德在X上发帖称："根据ARKInvest的研究，开发人形机器人要比开发机 器人出租车复杂20万倍。鉴于埃隆·马斯克秉持的第一原则和坚定决心，我们预测特斯拉的擎天柱机器 人将在2028/2029年开始改变工厂生活，进而改变家庭生活。" 马斯克回应称："它将在2027年开始改变现状，到2028年影响将显而易见，到2029年将产生巨大的影 响。" 责任编辑：于健 SF069 方舟投资管理公司创始人凯茜·伍德在X上发帖称："根据ARKInvest的研究，开发人形机器人要比开发机 器人出租车复杂20万倍。鉴于埃隆·马斯克秉持的第一原则和坚定决心，我们预测特斯拉的擎天柱机器 人将在2028/2029年开始改变工厂生活，进而改变家庭生活。" 马斯克回应称："它将在2027年开始改变现状，到2028年影响将显而易见，到2029年将产生巨大的影 响。" 责任编辑：于健 SF069 ...

定义阐释：具身智能的全球理解 汇聚学术与产业观点，确立统一评估基准 具身智能是人工智能的重要发展方向，被普遍认为是实现人工通用智能的重要路径。其核心特征在于智能体依托物理身体，通过感知—理解—决策—行 动的闭环，与环境进行强交互并持续学习，进而展现出自主性、泛化性和适应性。全球专家普遍强调，具身智能不仅是机器学习、计算机视觉与机器人 技术的综合体现，更是AI走向落地化和实用化的重要标志。 商用具身智能丨白皮书 核心摘要： 具身智能彻底火了。国外市场，FIGURE营收为零，最新估值已达390亿美金。国内市场，十五五规划明确将具身智能纳入重点产业布局。国内头部厂家陆续拿到工商 业场景订单，宇树科技宣称2025年营收突破10亿元。具身智能市场，既不是中国自弹自唱，也不是空中楼阁了。万亿级市场脉络已打开，且看中美具身智能的精彩 角逐。 不同形态的具身智能机器人正并行演进，满足零售、餐饮、工厂、物流、教育、医疗等场景需求。商用具身智能服务于零售、餐饮、医疗、安防等复杂 动态环境，更依赖多模态感知、人机交互和泛化能力，旨在提升服务体验与灵活运营。工业具身智能主要面向制造、能源、矿山等高度结构化场景，强 调高精度、高负载和 ...

根据美国证券交易委员会(SEC)披露，花旗集团(C.US)向其递交了截至2025年12月31日的第四季度持仓报告(13F)。 从最新披露的数据来看，花旗第四季度的投资组合仍以美股及ETF资产为主，并辅以一定规模的期权及债务类工具进行配置调整。其中， 英 伟 达 (NVDA.US) 为 其 第 一 大 重 仓股 ， 占投 资 组 合比 例 为3.04%；SPDR 标 普 500 ETF(SPY.US) 位 列 第 二， 占 比 为2.56%； 微 软 (MSFT.US)位列第三，占比为2.53%。此外，iShares罗素2000指数ETF看跌期权(IWM.US)及特斯拉(TSLA.US)看跌期权也进入前五大 持仓，占投资组合比例分别为2.05%和2.02%。 | 2025-12-31 | | | --- | --- | | 13F Holdings Summary | | | Name | % of Portfolio | | NVDA NVIDIA Corp | 3.04% | | SPY State Street SPDR S& | 2.56% | | MSFT Microsoft Corporatio | ...

Group 1 - Tesla is experiencing a significant transformation, moving from an electric vehicle company to a broader technology entity, with a focus on the development of Optimus robots [2][10] - The company plans to discontinue its Model S and Model X lines to allocate resources for Optimus production, as over 97% of its Q4 2022 deliveries were from Model 3 and Model Y [5][8] - Tesla's stock has increased by 20% over the past year, driven by investor anticipation of future developments rather than current performance [1][10] Group 2 - The Optimus robots are intended to perform various tasks, including household chores and caregiving, with the potential to "eliminate poverty" as envisioned by CEO Elon Musk [4] - Tesla is heavily investing in its full self-driving (FSD) software, which, if approved, could enable the company to offer robotaxi services [8] - Analysts predict that Tesla's market cap could reach $2 trillion by the end of the year and $3 trillion by the end of 2027, reflecting a potential 25% increase in stock price this year and an 87% increase by 2027 [9]

美东时间14日15时15分（北京时间15日4时15分）左右，搭载4名宇航员的美国太空探索技术公司"龙"飞 船与国际空间站完成自动对接。"龙"飞船于美东时间13日由"猎鹰9"火箭从佛罗里达州卡纳维拉尔角太 空军基地发射升空。这是"龙"飞船第12次为国际空间站运送轮换宇航员。据美航空航天局介绍，4名宇 航员此次太空任务时长约8个月，其间将开展多项科研实验，为未来的月球和火星探索任务做准备，例 如研究植物与固氮细菌的相互作用，以提升太空环境下的食物生产能力等。 (新华社) ...

Ford and General Motors (GM) have both announced plans to venture into the world of energy storage, following in the footsteps of the electric vehicle (EV) giant Tesla. The two U.S. automakers have big plans for business expansion, which could drive down EV manufacturing costs, reduce reliance on imports, and expand their portfolios. The U.S. EV market is growing at a slower pace than anticipated as the Trump administration waters down aims set by the previous government to restrict the sale of internal ...

Core Insights - Tesla is set to begin production of the Cybercab robotaxi in April, aiming for long-term production of 2 million units annually, while also working on the Optimus humanoid robot [2][3] - The production ramp-up for both Cybercab and Optimus is expected to be slow due to the need to manufacture much of the supply chain from scratch [4] - Tesla's recent earnings report indicated a 46% decline in net income year-over-year, marking the smallest profit since the COVID-19 pandemic, as the company shifts focus towards AI, autonomy, and robotics [5] Production Plans - The Cybercab is designed as a two-seat vehicle without a steering wheel or pedals, with an expected cost of around $25,000 [2] - Tesla plans to wind down production of Model S and Model X in the next quarter to repurpose the Fremont factory for Optimus robot manufacturing [6] - The company has initiated robotaxi rides in Austin without safety monitors, advancing its autonomous testing efforts [6] Financial Developments - Tesla anticipates capital expenditures exceeding $20 billion this year, driven by initiatives in AI and expanded manufacturing [5] - The company launched an autonomous ride-hailing service in Austin in June, currently operating a limited number of Model Y vehicles as part of ongoing testing [3]

以下文章来源于泽平宏观商学 ，作者泽平宏观商学 泽平宏观商学 . 前沿科技企业实战研学 读万卷书行万里路 2025 年 12 月 用心打造最有品质的实战研学。读万卷书，行万里路。把教室搬到世界上最优秀的企业， 请最优秀的企业家和科学家讲课。顺势而为，把握机遇。正心正念，坚持做长期正确的 事！ 我们期待与更多的企业家朋友们携手同行，共赴 2026 实战研学之旅！ 泽 ZEP 平 INGM 宏 ACR 观 O RE 商 SEAR 学 CH 1-6月日程安排 · 谷歌、罗宾汉、playground 斯坦福大学、伯克利大学 3月27日-28日 苏州 追觅科技、魔法原子、灵猴机器人 闭门投研会-2026 Al 的中国力量(一) 3月29日 上海 长三角校友会 4月20日-21日 香港 2026 香港 Web3 嘉年华 复星财富、HashKey、港交所 5月22日-23日 1151 11:47:50 深圳 华为、新凯来、江波龙、莫界科技 闭门投研会—2026 Al 的中国力量(二) 6月26日-27日 2月27日 北京 国内头部智驾科技企业 人形机器人 年研学安 型成 11月4日-11日 洛杉矶、拉斯维加斯、旧金山 CE ...