2026年的春天，似乎比往年更冷一些。 在大家还在回味春节县城里那杯58元"天价拿铁"时，商业世界的穹顶裂痕已悄然炸开。一边是拥有130年历史、账上趴着3吨黄金的"关东第一金店"萃华珠 宝，竟因还不起2.5亿借款被银行冻结账户、戴上ST帽子——残酷事实揭示：黄金救不了硬债务，老字号的滤镜在现金流断裂面前碎得一地鸡毛。 另一边，曾经的神话也在加速崩塌与重构：特斯拉不再执着于"卖车"，马斯克转身押注AI机器人和无人驾驶出租车，试图用的新故事掩盖业绩下滑的尴 尬...... 2026年的商业画卷正在揭示一个残酷真相：旧时代的护城河（如品牌、资历、规模）正在干涸，而新时代的船票（如AI、出海、极致性价比）尚未完全发 完。当"百年老店"也会一夜暴雷，当"科技巨头"也要换道求生，我们该如何看清这迷雾背后的真实逻辑？ 看看@大猫财经Pro、@BT财经、@天下网商、@斑马消费、@金角财经、@金融八卦女、@金错刀、@豹变、@凯恩斯、@Metal财经如何拆解2025生存地 图？ *榜单将同步于搜狐号活动小助手。 @大猫财经Pro：一夜之间，"关东第一金店"连环暴雷。1月底，萃华珠宝官宣了借款逾期，从6家银行借款5.24亿，其中2 ...

Group 1 - The core point of the news is that Hexagon Purus ASA has successfully completed the divestment of its U.S. aerospace business to SpaceX after meeting the agreed closing conditions [1] Group 2 - Hexagon Purus ASA is a leading provider of hydrogen Type 4 high-pressure cylinders and systems, battery systems, and vehicle integration solutions for fuel cell electric and battery electric vehicles [2] - The company's products are utilized in various applications, including light, medium, and heavy-duty vehicles, buses, ground storage, distribution, refueling, maritime, rail, and aerospace [2]

Core Viewpoint - The S&P 500 Index is considering changes to its entry rules, potentially facilitating SpaceX's IPO and leading to significant stock purchases by index-tracking funds [1][2]. Group 1: Rule Changes and Implications - The S&P 500 Index is reportedly contemplating modifications to its entry criteria, which could allow for an expedited inclusion of SpaceX [2]. - If the rule changes are implemented, it could result in billions of dollars in forced buying of SpaceX shares, as funds that track the index would be required to purchase shares of newly added companies [2]. - Current entry requirements for the index include being U.S.-domiciled, having a market capitalization of at least $22.7 billion, and being publicly listed for a minimum of 12 months [3]. Group 2: Market Context - The S&P 500 Index manages over $24 trillion in assets, indicating the substantial impact that changes to its rules could have on the market [3]. - SpaceX is preparing for a Nasdaq entry with a projected valuation of $1.75 trillion, highlighting its significant market presence and potential influence [4].

摘要 军工投资逻辑转向"新质战斗力"：2025 年行情由军贸、商业航天、 军工 AI 及激光武器驱动，市场偏好从 1 到 100 放量且具备空间倍增潜 力的赛道。 军贸与无人装备打开成长天花板：中国军贸全球份额仅 2.9%提升空间 巨大；无人机受智能化战争驱动，十五五期间有望进入快速放量期，关 注总装及中上游环节。 国产大飞机 C919 进入放量期：在手订单超 1,300 架，价值量近万亿； 短期核心变量为海外发动机供应稳定性，中长期看好机体结构自主化及 国产商发替代空间。 AI 电力需求驱动燃气轮机高景气：全球市场向 648 亿美元规模增长，后 市场服务（热端叶片）因耗材属性具备高壁垒与高弹性，Howmet 等龙 头净利增速远超收入。 商业航天竞争聚焦低成本与高性能：火箭回收技术是降本核心，卫星大 型化与信息化（TR 组件、激光通信）驱动单星价值量提升，3D 打印渗 透率持续增加。 Q&A 如何复盘 2020 年至 2025 年 A 股军工板块的表现，并总结其核心驱动逻辑与 投资结论？ 回顾 2020 年至 2025 年的 A 股军工板块，其表现可分为三个阶段。第一阶段 是 2020 年至 2021 年，板 ...

来源丨华尔街见闻（ wallstreetcn ） 作者丨 龙玥 图源丨Midjourney 当地时间3月11日，在一场名为"Abundance Summit"科技峰会的公开对话中，特斯拉与xAI创始人 埃隆·马斯克谈及AI进展、Optimus 3的量产节奏，以及"奇点"后经济形态。 在这场访谈中，他给出了多个明确判断： AI已经进入自我改进阶段，人形机器人即将进入规模化生 产。而AI"奇点之后"的经济难预测，但他押注通缩与"钱不再重要"。 当被问及与SpaceX相关的数据中心建设时间表时，马斯克以"SpaceX处于静默期"为由未展开。 "擎天柱3"即将投产：明年或进入大规模生产 在人形机器人方面，马斯克透露， 特斯拉"擎天柱3"（Optimus 3）已经接近完成开发 。 他说："我们正在完成擎天柱3的最后阶段，它很可能是目前世界上最先进的机器人，其他产品还没有 接近它的水平。" 按照他的说法，特斯拉计划： 今年夏天启动生产 明年有望进入高产量阶段 马斯克强调，机器人生产同样遵循制造业常见的 S曲线爬坡 ：初期缓慢、随后快速扩张。 他说："制造业产量通常是一条S曲线，开始很慢，然后迅速爬坡。" 与此同时，特斯拉 ...

Join us LIVE from LUNA! The Launch Pad Network’s new mobile broadcast and production vehicle. LUNA stands for Locational Uplinking Networking Asset, and it will allow TLP to bring live rocket launch coverage, field reporting, and on-site interviews directly from launch sites across North America. This vehicle was previously operated by Tim Dodd The Everyday Astronaut, and built as a professional Frontline microwave news van for NBC, giving it an incredible foundation for mobile broadcasting. Over the coming ...

>> THE COUNTDOWN IS ON. EVERYTHING YOU NEED TO GET THE EDGE OF THE END OF THE MARKET DAY. THIS IS "THE CLOSE." ROMAINE: THE PRESSURE BUILDS ON STOCKS AS THE GLOBAL PAIN POINTS PILED.HERE AT BLOOMBERG HEADQUARTERS IN NEW YORK, I'M ROMAINE BOSTICK. KATIE: I AM KATIE GREIFELD KICKING UP TO THE CLOSING BELL HERE IN THE U.S. NOT QUITE AT SESSION THOSE ON THE S&P 500 BUT GETTING CLOSER, DOWN 1.4% PERCENT. SMALL CAPS REALLY TAKING THE BRUNT OF THE SELLING PRESSURE.RUSSELL 2000 DOWN 1.7%. A LOT OF THE TRACES BACK T ...

🐍🎺 🇵🇫🛗Polymarket (@Polymarket):JUST IN: S&P considering rule change that could fast-track SpaceX into the S&P 500 after its IPO. ...

🚨 Tesla converts xAI investment into a SpaceX stakeTesla has received US approval to roll its $2 billion investment in xAI into a small stake in SpaceX, ahead of SpaceX’s planned IPO.FTC filings show Tesla acquiring the stake from Elon Musk, with Musk also selling portions to investors like Valor Equity Partners and DFJ Growth. $TSLA ...

S&P is considering changes to rules governing how companies join the S&P 500 Index, a move that would potentially fast-track SpaceX’s entry after its IPO https://t.co/vOLO4nPEo5 ...