A weaker USD increasingly seems to be a direct objective of US economic policy, rather than a byproduct of it. President Trump recently said he is not worried about the USD weakening and, on the contrary, he thinks the value of theDecoding markets beyond P/E. As an investor, I either put my money into low cost funds or in single stocks that (I think) are asymmetric bets. My portfolio is roughly 50/50 between the two. I like to write about Macro and Fundamentals, with the (painful) awareness that Momentum an ...

U.S. stock index futures edged higher on Thursday, January 29, 2026, as investors continued to digest a flurry of tech earnings and the Federal Reserve's latest monetary policy decision. The premarket session saw mixed signals, with some tech giants experiencing significant movements, while broader market sentiment remained cautious following the Fed's widely anticipated decision to hold interest rates steady. This dynamic landscape underscores a market increasingly responsive to corporate performance, part ...

智通财经1月29日讯（编辑 夏军雄）周四，美股股指期货小幅走高，投资者正在权衡多家大型科技公司 发布的财报，以及美联储最新的利率决定。欧洲主要指数普遍上涨。 （来源：英为财情） Meta在盘前交易中大涨9%，此前该公司给出了好于预期的一季度销售指引。同为"科技七巨 头"（Magnificent Seven）成员的特斯拉股价也上涨2%，其第四季度业绩超出市场预期。 不过，微软股价下跌近7%，限制了大盘涨幅。微软报告称，第二财季云业务增长放缓，同时对第三财 季的营业利润率给出了偏弱的指引。 目前，投资者将目光转向苹果，该公司计划于周四美股收盘后公布财报。 【特斯拉：预计2026年资本支出将超过200亿美元】 据报道，特斯拉表示，2025年资本支出达85.3亿美元。预计2026年资本支出将超过200亿美元。 【卡特彼勒2025年全年营收为36.3亿美元，同比增长4%】 在其他财报方面，卡特彼勒盘前股价上涨逾1%，这家工业巨头公布的第四季度业绩大幅好于华尔街预 期。 美联储周三维持利率不变，符合市场预期。联邦公开市场委员会（FOMC）表示，多项指标显示"经济 活动正以稳健的步伐扩张"，失业率"已显现出一定的稳定迹象" ...

就在这份业绩发布后不久，特斯拉宣布了一项关键投资：已同意投资约20亿美元，认购马斯克旗下人工智能公司xAI的E轮优先股。 当地时间1月28日，特斯拉发布2025年第四季度及全年财报，数据揭示了这家公司前所未有的处境。第四季度总营收249.01亿美元，同比下降约3%；全年 营收约967亿美元，较2024年下滑约3%。 这是特斯拉历史上首次年度营收下滑。 核心的汽车业务收入为176.93亿美元，同比下降约11%，占总收入比例已从高峰期逐步缩减。 财务阵痛 一边是财报上汽车业务收入下滑11%的冰冷数字，一边是豪掷20亿美元投资xAI的炽热宣告，特斯拉正站在从电动车制造商向"物理AI"公司转型的十字路 口。 特斯拉此次对xAI的投资，被市场视为购买了一张通往AI未来的"最贵门票"。根据财报披露，该笔投资属于xAI最近一次已公开披露的融资轮。 特斯拉的财报数据清晰地勾勒出一幅转型阵痛的图景。第四季度GAAP净利润仅为8.4亿美元，同比暴跌61%；非GAAP净利润为17.61亿美元，也下降了 16%。 全年数据更为严峻，GAAP净利润约38亿美元，同比下降46%。这些数字背后是全球电动车市场竞争的白热化，以及特斯拉自身业 ...

Futures are higher, led by tech, after the first batch of Mag7 earnings with gold breaking new record highs again, rising as high as $5600. As of 8:00am ET, S&P futures are up 0.2% while the Nasdaq if barely in the green; pre-mkt it's a mixed picture with META (+7.9%) rising on higher than expected capex forecast, while MSFT (-6.6%) tumbles on... higher than expected capex forecast; TSLA is also modestly in the green, up +2.8%; AAPL reports today today then AMZN / GOOG next week. Cyclicals are trading highe ...

智通财经1月29日讯（编辑 夏军雄）周四，美股股指期货小幅走高，投资者正在权衡多家大型科技公司 发布的财报，以及美联储最新的利率决定。欧洲主要指数普遍上涨。 （来源：英为财情） 据报道，英伟达、亚马逊与微软正在商讨向OpenAI投资高达600亿美元，英伟达投资至多300亿美元， 融资前OpenAI估值可能达7300亿美元。 Meta在盘前交易中大涨9%，此前该公司给出了好于预期的一季度销售指引。同为"科技七巨 头"（Magnificent Seven）成员的特斯拉股价也上涨2%，其第四季度业绩超出市场预期。 不过，微软股价下跌近7%，限制了大盘涨幅。微软报告称，第二财季云业务增长放缓，同时对第三财 季的营业利润率给出了偏弱的指引。 目前，投资者将目光转向苹果，该公司计划于周四美股收盘后公布财报。 在其他财报方面，卡特彼勒盘前股价上涨逾1%，这家工业巨头公布的第四季度业绩大幅好于华尔街预 期。 美联储周三维持利率不变，符合市场预期。联邦公开市场委员会（FOMC）表示，多项指标显示"经济 活动正以稳健的步伐扩张"，失业率"已显现出一定的稳定迹象"。 根据芝商所美联储利率观察工具，市场目前仍预计今年会有两次幅度为2 ...

After ending the previous session little changed, stocks may move to the upside in early trading on Thursday. The major index futures are currently pointing to a modestly higher open for the , with the S&P 500 futures up by 0.2 percent.A positive reaction to earnings news from Meta Platforms (META) may lead to early strength on Wall Street, as the Facebook parent is spiking by 9.2 percent in pre-market trading.The surge by Meta comes after the company reported better than expected fourth quarter results an ...

证券日报网讯1月29日，音飞储存（603066）在互动平台回答投资者提问时表示，公司曾向特斯拉(上 海)有限公司提供仓储设备，但相关业务规模较小，对公司经营业绩未构成重大影响。目前，公司与特 斯拉未涉及其他业务领域的合作。 ...

分组1 - The company specializes in providing daily-rebalanced ETP products that include leveraged, unleveraged, inverse, and inverse leveraged factors [3] - The research focuses on macroeconomic assessments, strategic sector viability, and market data trends to inform investment decisions [1] - The company has a particular interest in Asian markets, including India and China, and conducts in-depth analyses of businesses and economic trends in the region [1] 分组2 - The company does not hold any stock or derivative positions in the companies mentioned in the articles and has no plans to initiate such positions in the near future [2] - The company's assets under management (AUM) are primarily influenced by investor interest in its products rather than market movements [3]

Core Viewpoint - The article emphasizes the investment philosophy focused on identifying mispriced securities through understanding the financial drivers of small cap companies, utilizing DCF model valuation to assess risk-to-reward dynamics. Group 1: Investment Philosophy - The investment strategy is centered on small cap companies across US, Canadian, and European markets [1] - The approach is not confined to traditional investment styles such as value, dividend, or growth investing, but rather considers all prospects of a stock [1] Group 2: Valuation Methodology - A DCF model valuation is highlighted as a key tool in revealing the true value of a company [1] - The methodology aims to uncover potential investment opportunities by analyzing financials and market conditions [1]