突然大涨，迎战略转折点！

Market Overview - The overall market risk appetite was influenced by geopolitical factors and mixed market data, resulting in mixed performance among major U.S. stock indices. The Dow Jones and S&P 500 indices closed down, while the Nasdaq saw a slight increase [2] - As of the market close, the Dow Jones fell by 0.94% to 48,996.08 points, the S&P 500 decreased by 0.34% to 6,920.93 points, and the Nasdaq rose by 0.16% to 23,584.27 points [2] Economic Data - In December 2025, the ADP employment number in the U.S. increased by 41,000, which was below the expected increase of 47,000. The previous value was revised from a decrease of 32,000 to a decrease of 29,000 [4] - The ISM non-manufacturing PMI for December 2025 was reported at 54.4, exceeding the expectation of 52.3 and the previous value of 52.6, indicating resilience in the service sector while manufacturing remains weak [4] Company Highlights - Alphabet, Google's parent company, surpassed Apple in market capitalization for the first time in seven years, reaching a market value of $388.92 billion compared to Apple's $384.70 billion [5][6] - Intel experienced a significant intraday increase of over 10%, closing up 6.47% at $42.63 per share, with a total market capitalization of $203.3 billion [9][10] - Intel's CEO emphasized the company's commitment to delivering its first 18A process products by 2025, indicating a strategic turning point for the industry and Intel [11] - At CES, Intel officially launched its AI PC chip series based on the 18A process technology, marking a critical milestone in the company's manufacturing revival and technological leadership [13]