炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源|New Economist微信公众号 《2028年全球智力危机》 编者按：研究机构Citrini Research近期发布了一份关于人工智能经济风险的假设性报告，引发了市场广 泛关注和讨论。报告原标题为《2028全球智能危机——来自未来的金融史思想实验》（THE 2028 GLOBAL INTELLIGENCE CRISIS： A Thought Exercise in Financial History， from the Future），该报告 明确声明其唯一目的是模拟一个相对未被充分研究的情景，是一个"思想实验"而非预测。 报告设定了一个假想的时间点——2028年6月，并描绘了人工智能（AI）快速发展可能引发的连锁经济 危机。报告提出了几个核心概念： "AI效率悖论"：AI的成功可能导致经济不稳定。其推演的核心风险链条包括：白领大规模失业：AI替 代复杂白领劳动，导致"智能溢价"消失，中产阶层收入结构受损。 "幽灵GDP"与消费萎缩：即企业利润因AI增效而增长，但被替代的劳动力消费能力下降，货币流通速度 放缓，形成"产出增长 ...

分享 reface 前⾔ at if our AI bullishness continues to be right...and what if that's actually bearish? 果我们的对 AI 的乐观持续正确……而这反而成了利空，会怎样？ at follows is a scenario, not a prediction. This isn't bear porn or AI doomer fan-fiction. e sole intent of this piece is modeling a scenario that's been relatively underexplored. Our nd Alap Shah posed the question, and together we brainstormed the answer. We wrote this t, and he's written two others you can find here. 下情景为设想，而非预测。这并非唱空轰动或人工智能末日主义同人文。本文唯一 的，是对一个相对较少被探讨的情景进行建模。我 ...

Synchrony and Polaris Renew Consumer Financing Partnership to Offer Flexible Payment Options for Powersports Customers [Accessibility Statement] Skip NavigationLongstanding Collaboration Continues to Support Dealers and Consumers with Innovative Financing ToolsKey Highlights:- Polaris dealers have access to Synchrony's full range of industry-specific products and digital tools, including Synchrony PRISM, which enables data-driven underwriting to support responsible credit access and dealer success.- Synchro ...

Deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. Read on for a snapshot of CD rates today and where to find the best offers. Where are the best CD rates today? CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% to 4.5% AP ...

2028 年全球情报危机 --- THE 2028 GLOBAL INTELLIGENCE CRISIS substack.com/home/post/p-188821754 Substack Preface 序言 What if our AI bullishness continues to be right...and what if that's actually bearish? 倘若我们对人工智能的乐观情绪持续正确 …… 而这种 " 正确 " 本身反而预示着悲观前景，又当如 何？ What follows is a scenario, not a prediction. This isn't bear porn or AI doomer fan-fiction. The sole intent of this piece is modeling a scenario that's been relatively underexplored. Our friend Alap Shah posed the question, and together we brainstormed the answer ...

Investment Rating - The report indicates a strong positive outlook for the fintech sector, with significant growth in venture capital (VC) activity and deal values, suggesting a favorable investment environment for 2026. Core Insights - Fintech VC deal value surged in Q4 2025 to $17.3 billion, a 114.3% year-over-year increase, bringing the full-year total to $42.8 billion, the highest since 2022 [9][11] - Median fintech deal sizes increased across all stages in 2025, reflecting a shift toward larger rounds and higher capital concentration, driven by AI premiums [9][12] - B2C fintech drove Q4 megadeals, while enterprise fintech is expected to dominate investor attention in 2026 [9][13] - Exit activity reached its highest level since 2021, with $67.6 billion in total value, indicating a robust IPO and deal pipeline for 2026 [9][21] Fintech Landscape - The fintech landscape includes various segments such as alternative lending, capital markets, commercial finance, payments, and wealthtech [7] Quarterly Analysis - VC funding for fintech companies was robust in Q4 2025, with a total deal value of $17.3 billion, up 86.7% quarter-over-quarter and 114.3% year-over-year [11] - The overall median deal size in 2025 was $6 million, up 25.4% from 2024, with significant increases across all stages [12] - Enterprise fintech captured 58.3% of total fintech VC deal value in 2025, while B2C fintech saw larger deals in Q4 2025 [13] Thematic Updates - Stablecoin adoption is expected to grow significantly in 2026, with a market cap increase of 45.9% year-over-year to $299 billion [34][35] - Tokenization of real-world assets is accelerating, with major financial institutions adopting blockchain technologies for efficiency [38][39] - Prediction markets are emerging as a significant financial asset class, with weekly volumes surpassing $5 billion [45][46] Fintech VC Deal Summary - In 2025, the top fintech segments by VC deal value were credit & banking ($8.5 billion), wealthtech ($8.3 billion), and payments ($6.5 billion) [19] - Notable Q4 deals included Revolut's $3 billion round and Polymarket's $2 billion Series D [20] VC Exits - In 2025, disclosed VC exit value rose 272.2% year-over-year to $67.6 billion, with a significant number of public listings contributing to this increase [21][28] - Key acquisitions in Q4 included Xero's $2.5 billion acquisition of Melio and Ripple's $1.3 billion acquisition of Hidden Road [24][63]

TMTB（TMTBREAKOUT）发布的付费日终总结报告，日期为2026年2月24日，核心内容是分析当天科技股（特别 是互联网和软件板块）因一篇名为"Citrini"的文章引发的市场抛售，并探讨其背后的深层逻辑和市场趋势变化。 以下是详细内容总结： 一、 当日市场表现概览 整体走势：以科技股为主的QQQ指数下跌1.22%。 市场呈现显著分化： 下跌板块：互联网 TMTB（TMTBREAKOUT）发布的付费日终总结报告，日期为2026年2月24日，核心内容是分析当天科技股（特别 是互联网和软件板块）因一篇名为"Citrini"的文章引发的市场抛售，并探讨其背后的深层逻辑和市场趋势变化。 以下是详细内容总结： 一、 当日市场表现概览 整体走势：以科技股为主的QQQ指数下跌1.22%。 市场呈现显著分化： 下跌板块：互联网和软件股普遍遭抛售，是市场主要拖累。 上涨/抗跌板块：半导体板块再次跑赢大盘；电信、网络设备等板块也有上涨。 直接催化剂：一篇由知名Substack作者"Citrini"发布的文章，引发了市场恐慌性抛售，被称为"Citrini抛售"。 报告认为，该文章将科技圈内已有的担忧情绪放大并推向了公众视野。 ...

Solel Partners LP initiated a new position in Cal-Maine Foods (NASDAQ:CALM), acquiring 181,700 shares in the fourth quarter for an estimated $14.46 million, according to a February 17, 2026, SEC filing. What happened Solel Partners LP disclosed a new stake of 181,700 shares in Cal-Maine Foods during the fourth quarter, as detailed in its SEC filing dated February 17, 2026. This addition contributed a $14.46 million increase in quarter-end position value. What else to know This is a new position for So ...

Solel Partners LP increased its stake in Braze (NASDAQ:BRZE) by 526,300 shares in the fourth quarter, an estimated $15.59 million trade based on quarterly average pricing, according to a February 17, 2026, SEC filing. What happened According to an SEC filing dated February 17, 2026, Solel Partners LP purchased an additional 526,300 shares of Braze in the fourth quarter. The estimated transaction value was $15.59 million, calculated using the average closing price during the quarter. The fund ended the pe ...

Brightstar Lottery delivers technology and services to regulated lottery markets worldwide, backed by strong recurring revenue streams.On February 17, 2026, Solel Partners disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold 624,800 shares of Brightstar Lottery (BRSL 0.70%) in the fourth quarter, an estimated $10.18 million transaction based on quarterly average pricing.What happenedAccording to a February 17, 2026, SEC filing, Solel Partners LP reduced its stake in Brightstar Lo ...