Market Overview - Major U.S. stock index futures are showing slight declines, with Dow futures down 0.12%, S&P 500 futures down 0.08%, and Nasdaq futures down 0.04% [1] Semiconductor Sector - Storage chip stocks are experiencing a pre-market rally, with SanDisk and Micron Technology both rising over 1% [2] Nvidia Developments - Nvidia's CEO Jensen Huang announced that the company has prepared several unprecedented new chips for GTC 2026, emphasizing the challenges of technological limits but expressing confidence in their engineering team [2] - Nvidia has sold its remaining 1.1 million shares of Arm Holdings, valued at approximately $156 million, while still holding a 20-year technology license from Arm [2][4] Meta Platforms - Meta has restarted its "Malibu 2" smartwatch project, which is expected to launch in 2026 with health tracking features and an integrated Meta AI assistant [2] OpenAI Financing - OpenAI is nearing the completion of a new funding round expected to exceed $100 billion, with a projected overall valuation surpassing $850 billion, up from an initial estimate of $830 billion [3] - The pre-funding valuation is expected to remain at $730 billion, with major strategic investors including Amazon, SoftBank, Nvidia, and Microsoft [3] Mining Sector - Rio Tinto's 2025 earnings report showed a basic profit of $10.87 billion, which is flat year-over-year but slightly below market expectations of $11.03 billion, leading to a decline of over 2% in its stock [3] eBay Performance - eBay's Q4 2025 earnings exceeded expectations, reporting revenue of $3 billion, a 15% year-over-year increase, and an adjusted EPS of $1.41, surpassing the anticipated $1.35 [4] - The company also announced the acquisition of the fashion marketplace Depop from Etsy for $1.2 billion [4] Silver Stocks - Silver stocks are showing strength, with Pan American Silver up over 4% and Hecla Mining rising nearly 2% [5] Google and Sea Partnership - Google and Sea have announced a strategic partnership to develop AI tools for Sea's e-commerce and gaming products, including exploring AI Agent shopping prototypes for Shopee [5]

二是英伟达可能提前揭晓下一代Feynman架构芯片，该芯片被业内视为"革命性"产品，可能采用更广泛 的SRAM集成方案，甚至通过3D堆叠技术整合LPU（语言处理单元），不过相关细节尚未得到官方确 认。 "我们准备了多款世界前所未见的全新芯片。这并非易事，因为所有技术都已逼近物理极限，但有了这 样一支团队（由英伟达和SK海力士的内存工程师组成），没有什么是不可能的。"黄仁勋表示。 当前，英伟达所处的市场环境呈现出计算需求逐季变动的态势。在Hopper和Blackwell时代，预训练是 主要的市场需求；而随着Grace Blackwell Ultra和Vera Rubin的问世，推理能力已成为市场核心需求，延 迟和内存带宽则成为主要瓶颈。这种需求的转变直接左右着英伟达的产品设计方向。 当地时间2月18日，英伟达CEO黄仁勋在接受媒体采访时，对即将到来的GTC 2026大会进行预热，他明 确表示将在会上揭晓"世界前所未见"的全新芯片，引发业界广泛关注。 据悉，英伟达GTC2026大会将于当地时间3月15日在加利福尼亚州圣何塞举行，核心聚焦AI基础设施竞 赛的新时代。此外，英伟达还将于当地时间2月25日公布最新财季业 ...

本文转载自第一财经 值班编辑 | 江江 视觉 | 诺言 根据美股机构投资者13F持仓披露情况，截至2025年底，段永平管理的H&H International Investment持仓 总市值约174.89亿美元，折合人民币超1200亿元。 在大幅减持第一大重仓股苹果的同时，段永平在Q4将英伟达仓位狂拉逾11倍，并轻仓"试水"三家极具代 表性的AI垂直领域公司，CoreWeave、Credo Technology、Tempus Ai，持仓分别占比0.12%、0.12%、 0.04%。 此外，段永平还增持了谷歌、拼多多，并大幅减持了光刻机巨头阿斯麦（减持幅度87.63%）。 星标关注《盐财经》 洞察趋势，睿智人生 /// 大家都在看 /// 点 在看 把盐撒给更多的人 | Stock | History | Sector | Shares Held or | Market | % of | Previous | | Change in | 9/2 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | Principal | ...

This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. Dive Brief: Two fast-growing infrastructure companies are teaming up to deploy a modular data center solution that could significantly reduce the time needed to scale up AI computing facilities. Energy Vault, a provider of grid-scale energy storage systems, said on Feb. 11 that it had inked a strategy partnership with Crusoe, an AI infrastructure developer, ...

Harmony Gold Mining Company Ltd (NYSE:HMY) is one of the best stocks to buy and hold for the next 6 months. On February 9, Harmony Gold Mining Company Ltd (NYSE:HMY) confirmed that its newly acquired CSA Copper Mine in Australia requires a capital injection and a strategic rethink. Harmony Gold Mining Company Ltd. (HMY) Faces Challenges With CSA Copper Mine Copyright: tomas1111 / 123RF Stock Photo The company took over the CSA mine in New South Wales last October by acquiring Mac Copper in a deal worth ...

WEC Energy Group, Inc. (NYSE:WEC) is one of the best infrastructure stocks to buy right now. On February 6, Mizuho lifted its price target on WEC Energy Group, Inc. (NYSE:WEC) to $121 from $117 and maintained an Outperform rating on the stock. Mizuho said its PT raise was supported by WEC’s strong performance in Q4 2025 financial results, which the company shared the day before. Is WEC Energy Group, Inc. (WEC) One of the Best Infrastructure Stocks to Buy Right Now? Pixabay/Public Domain In the results, ...

The Southern Company (NYSE:SO) is one of the best infrastructure stocks to buy right now. On January 28, The Southern Company (NYSE:SO) declared a quarterly dividend of $0.74 per share on its common stock. Payment is scheduled for March 6, this year, to shareholders of record on February 17. Southern Company (SO) Maintains Stability Amid Shifting Landscape Pixabay/Public Domain This announcement continues 78 consecutive years of quarterly dividends equal to or greater than the prior quarter. The 74 cent ...

Duke Energy Corporation (NYSE:DUK) is one of the best infrastructure stocks to buy right now. On February 11, Goldman Sachs lifted its price target on Duke Energy Corporation (NYSE:DUK) to $142 from $141 while retaining a Buy rating. Duke Energy (DUK) Advances Strategy Amid Rising Demand Trends Pixbabay/Public Domain ​Goldman focused on Duke’s updated five-year capital investment blueprint totaling $103 billion. The blueprint is a jump from the prior $87 billion forecast, and, according to Duke, it is s ...

Industry Overview - The software development market in China is expected to exceed 3 trillion yuan by 2026, with a compound annual growth rate of 12% [6] - The core competitive focus of the industry is on the integration of "technical depth, industry insight, and user experience" [6][22] - The acceleration of digital transformation has made software development a key engine for enterprise transformation [2] Evaluation Dimensions for Selecting Software Development Service Providers - **Technical Capability**: It is essential for providers to not only write code but also understand architecture and security. Companies should prioritize those with international certifications like CMMI3 and ISO27001 [3] - **Delivery Assurance**: A mature software development company must establish an end-to-end delivery mechanism with clear deliverables and acceptance criteria at each stage [4] - **Industry Experience**: Providers should demonstrate deep industry knowledge and have case studies relevant to the specific business context [7] Key Software Development Service Providers - **Huawei**: Recognized for its comprehensive strength and ability to handle large-scale government and enterprise projects, with a satisfaction rate consistently among the highest in the industry [11] - **Haoke Network Technology**: A leading choice for small and medium enterprises, known for its rapid adaptation to new technologies and high customer satisfaction [12] - **Shenzhen Haoke Network**: Focused on high compliance and high concurrency scenarios, with extensive experience across various industries [13] Future Trends in the Software Development Industry - The industry is transitioning from "generic development" to "deep technical integration, full-cycle services, and precise scenario applications" [22][24] - There is an increasing reliance on external service providers to achieve digital transformation goals, with a projected annual growth rate of 15% in the Chinese market [22] - The demand for long-term partnerships rather than one-time services is becoming a core competitive advantage [23]

Core Insights - HHLR Advisors, a fund management platform under Hillhouse Capital, reported its US stock holdings as of the end of Q4 2025, with a significant focus on Chinese concept stocks, which accounted for 92% of its portfolio [1][2]. Group 1: Holdings Overview - HHLR holds a total of 33 US-listed companies, with its top ten holdings including Pinduoduo, Alibaba, BeiGene, Futu Holdings, Legend Biotech, Arrivent Biopharma, Beike, Webull Corp, Cytek Biosciences, and Clearwater Analytics, with seven of these being Chinese concept stocks [2][4]. - The market value of HHLR's holdings in Pinduoduo reached approximately $1.22 billion, with a total of 10.72 million shares, reflecting an increase of 2.13 million shares from the previous quarter [4][5]. - Alibaba's holdings increased from 3.29 million shares to 5.43 million shares, with the market value rising from $588 million to $796 million, making it the second-largest holding in HHLR's portfolio [7]. Group 2: Trading Activities - HHLR significantly increased its positions in Pinduoduo and Alibaba while reducing its holdings in Futu Holdings and Webull Corp, with Futu's shares decreasing by nearly 50% from 3.24 million to 1.63 million [5][7]. - The firm also completely exited positions in several companies, including NetEase, Baidu, Manbang Group, Donghai Group, and Bright Scholar [7]. - HHLR made a small purchase of Google shares, ending the quarter with 7,300 shares, while also acquiring 11,300 shares of TSMC, valued at approximately $3.43 million [8][10]. Group 3: Market Context - The increase in holdings of Pinduoduo and Alibaba aligns with similar moves by other major private equity firms, indicating a collective bullish sentiment towards these stocks despite Pinduoduo's revenue growth slowing to 9% year-over-year [5]. - The AI sector is highlighted as a key area of interest, with ongoing developments in various subfields, suggesting that companies in this space may present significant investment opportunities [8].