Fox Business Alert. Forget sucking the energy out of the room. The AI data center boom is sucking the energy out of the electrical grid.Alphabet, Amazon, Meta, Microsoft, they are planning to spend more than $660 billion this year alone to realize their data center ambitions. And those data centers are huge energy gulpers. Well, now energy companies of all kind are reaching for some of that cash with both fists.Natural gas, nuclear, utility services, renewables. They are all in. The Williams company in a bi ...

Group 1 - The software sector in the US has seen a market value decline of over $1 trillion since late January 2026, driven by investor fears that traditional software business models may be fundamentally disrupted by AI [2] - The iShares Expanded Tech-Software Sector ETF (IGV) dropped 2.19% on February 17, 2026, closing at $80.96, with a cumulative decline of over 23% since the beginning of 2026, significantly underperforming the broader market [2] - Concerns about AI replacing existing software functionalities have been growing since the second half of 2025, leading to a reevaluation of the sector [2] Group 2 - A conservative earnings guidance from several SaaS companies in January 2026 highlighted extended sales cycles and customer evaluations of AI's impact, serving as a catalyst for the market downturn [2] - The introduction of Anthropic's Claude model and its industry plugins on January 12, 2026, was seen as a direct challenge to the traditional SaaS subscription model [2] - Following this, the narrative shifted from "AI empowering all industries" to "AI reshaping industry competition," leading to a significant sell-off in the software and services sector [3] Group 3 - By January 29, 2026, the IGV experienced a single-day drop of 5.4%, marking a more than 20% decline from recent highs and officially entering a bear market [3] - The S&P Software and Services Index experienced extreme volatility, with a single-day drop exceeding 7% during early February 2026 [3] - Comparisons have been made between the software industry and the newspaper industry, which faced erosion of its business model due to the internet [3] Group 4 - Concerns regarding the disruptive potential of large language models (LLMs) have been amplified, with warnings that software companies failing to adapt may face long-term decline [4] - Deloitte's 2026 global software industry outlook suggests that AI's impact may create new market opportunities, predicting that AI-based solutions could capture 60% of the software market by 2030 [4] - The speed and extent of AI disruption will be significantly influenced by regulatory environments and industry characteristics, particularly in highly regulated sectors like finance [4]

"今年一季度，我们企业订单实现爆发式增长，国内首款全国产化射频手持智能终端、无人值守物联网 冰箱等产品订单已排产至三季度，国产替代类业务占比显著提升，智慧血液管理解决方案订单更是呈快 速增长态势。"近日，北京经济技术开发区（北京亦庄）企业北京宏诚创新科技有限公司（以下简称"宏 诚创新"）董事长田川透露，2026年是企业战略升级、实现突破的关键一年。宏诚创新以"开局即冲刺、 起步即决胜"的姿态，在产品研发、产能释放、市场拓展等领域全面发力，为实现全年目标打下坚实基 础。 为抢抓机遇，宏诚创新早部署、早发力，多维度保障产能与项目交付。"我们通过优化研发与生产协同 机制，将AI与物联网融合技术快速转化为生产效能，精细化管控压缩无效工时；强化供应链保障，重 点保障全国产化元器件供应，联动上下游完善平台配套供应链；同步推进各级血液保障平台搭建与数字 化服务优化。"田川介绍道，锚定"AI＋IoT（物联网）＋安全"核心战略，依托营销、产研、交付"三驾 马车"协同发力，企业在保障血液保障平台、亦庄大模型非现场监管等重点项目的同时，加快物联网冰 箱、NBIS新一代血液信息化管理系统等新产品推广，夯实血液安全、生物安全赛道领先地 ...

Market Overview - Equity benchmarks, including the Sensex and Nifty, reversed early gains to trade in the red despite positive global cues, influenced by selective profit booking [1] - The BSE Sensex opened at 83,969.82 but fell to 83,606.97, down ₹127.28 or 0.15% [2] - The NSE Nifty 50 opened at 25,873.35 and slipped to 25,783.45, shedding 35.90 points or 0.14% [2] Global Influences - The pullback occurred despite firm global cues, with the Nasdaq rising 1.07% overnight, partly due to a strategic partnership between Nvidia and Meta [3] - Asian equities rose, supported by Wall Street's technology gains, while crude oil surged to $64 amid reports of U.S. military mobilization towards potential operations in Iran [3] Sector Performance - Among the top gainers on the Nifty 50, ONGC led with a gain of 1.76% at ₹269.25, followed by Infosys at ₹1,391.70, up 1.31% [5] - The IT sector showed recovery with HCL Technologies gaining 1.20% to ₹1,484.80 and TCS adding 1.08% to ₹2,724.00, contrasting with the broader sectoral trend where the IT index had previously shed over 1.2% [5] - The metal index was the top sectoral performer on Wednesday, rallying over 1% [8] Institutional Activity - Foreign Institutional Investors (FIIs) bought equities worth ₹1,154 crore, marking their second consecutive session of net buying, while Domestic Institutional Investors (DIIs) purchased ₹440 crore [8] - FII positioning in the derivatives segment reflects a net bullish bias, indicating a mildly constructive market undertone [8] Valuation Insights - The Nifty is trading at around 20 times FY27 estimated earnings, while midcap and smallcap indexes are trading at 28 and 24 times respectively, indicating a stock picker's market [8] - Positive prospects are noted for sectors including financials, autos, capital goods, pharmaceuticals, and hotels [8] Technical Analysis - The market found support near 25,650 on the Nifty and 83,400 on the Sensex, with an uptrend likely to continue as long as these levels hold [9] - Immediate resistance for traders is pegged at 25,950–26,000 on the Nifty and 84,700–85,000 on the Sensex [9] Commodities and Currency - MCX Gold futures are consolidating near the ₹1,50,000–₹1,60,000 zone after correcting from record highs, while MCX Silver trades near ₹2,30,000–₹2,50,000 [10] - The USD/INR pair hovers around 90.50–90.90, with the dollar index climbing to a one-week high of 97.70 following Federal Reserve meeting minutes [10]

朋友们，今天凌晨美股收了根小阳线，纳指涨0.78%，英伟达、亚马逊这些老朋友都回来了。但你要是 只看指数，可能会错过真正的大戏——美联储那份会议纪要，简直是一部"宫斗剧"。 先给你翻译一下核心看点：降息派、暂停派、加息派，三派人马在同一份纪要里同时登场。 什么意思？有的官员说，如果通胀按预期下降，进一步降息是合适的；有的说，现在就得按兵不动，等 通胀明确了再说；最狠的是，首次有官员明确提出：不排除重新加息的可能性。你没看错，不是"降不 降"，是"加不加"都摆上台面了。 美联储传声筒Nick Timiraos总结得很到位：官员们对劳动力市场的担忧减轻了，对通胀的担忧却增加 了。这就解释了为什么美股涨得那么纠结——不是不想涨，是不知道该信哪一派。 再往下看，科技股的反弹也不是普涨。英伟达涨1.6%，因为Meta说要继续买它的芯片；亚马逊涨 1.8%，因为阿克曼加仓了65%；美光大涨5.3%，因为大卫·泰珀也进来了。这些都不是"AI信仰"的全面 回归，而是个股层面的"贵人相助"。 有机构已经开始讨论：AI抛售潮是不是临近尾声了？但更多交易员的态度是：等英伟达财报出来再 说。毕竟，庞大的资本开支是真金白银在烧，回报却 ...

Core Viewpoint - Nvidia's CEO Jensen Huang announced the unveiling of a "world-first" new chip at the upcoming GTC 2026 conference, which is expected to further solidify the company's leading position in the AI infrastructure sector [1][4]. Group 1: Upcoming Conference Details - The GTC 2026 conference will take place on March 15 in San Jose, California, focusing on a new era of AI infrastructure competition [4]. - Huang acknowledged the challenges in developing these new chips, stating that "all technologies are approaching their limits," yet the industry remains optimistic due to Nvidia's track record [4]. Group 2: New Chip Series - Specific models of the new chips have not been disclosed, but speculation suggests they may come from two major series: the Rubin series derivatives and the next-generation Feynman series [4]. - The Rubin series, which includes six new chip designs, has already been fully mass-produced and was showcased at the 2026 CES [4]. - The Feynman series is described as "revolutionary," with Nvidia exploring broad integration using SRAM and potential 3D stacking technology for LPUs, although details remain unconfirmed [4]. Group 3: Addressing AI Compute Needs - Nvidia is adapting to quarterly changes in AI compute demands, shifting focus from the Hopper and Blackwell series, which emphasize model pre-training, to the Grace Blackwell Ultra and Vera Rubin series, which target inference scenarios [4]. - The new products are expected to specifically address latency and memory bandwidth bottlenecks [4]. Group 4: Strategic Positioning - Huang emphasized that extensive collaboration and investment are key to Nvidia's continued leadership, as the company is positioning itself across the entire AI industry chain, including energy, semiconductors, and data centers [4].

有意思的是，高盛并不把"系统级软件被AI彻底替换"当作主线风险（评分1）。更尖锐的担忧在两个方 向：一是价值从系统记录层（System of Record, SoR）向"代理式操作系统/编排层"迁移（评分4），二 是技术迭代速度本身让终局难以定价（评分5）——估值很难找到"地板"。 在这种不确定性里，报告给的抓手也很明确：盯两类信号——其一，软件公司能否证明"行业域经验"真 的能带来更高质量的代理式结果；其二，财报层面基本面能否稳定甚至改善。 这轮软件回调，市场盯的是"终值辩论" 高盛的判断是：2026年这波下跌，争论点从"短期增长曲线"转向"护城河会不会被AI削薄"。讨论的中 心主要在应用软件，但也开始波及基础设施/安全栈，以及与云厂商资本开支相关的投入产出。 因此报告的写法更像"拆辩题"：把七个熊市论点从"稻草人"到"钢人论证"排队，给出风险分数，试图回 答同一个问题——什么东西还能支撑终值。 SoR不太会被掀桌子，但"价值外移"更危险 A：SoR"被替换"风险很低（评分1） 2026年迄今软件板块的回调，和过去几轮"需求放缓/利率上行"驱动的修正不太一样：市场更像在讨论 终值——这些公司十年后还能不能守 ...

Group 1 - Nvidia announced a "multi-generational" partnership with Meta to deploy millions of Nvidia's current and next-generation chips for AI training and inference data centers [1][4] - This collaboration marks Nvidia's entry into the CPU market, traditionally dominated by Intel and AMD, as Meta will utilize both Nvidia's GPUs and CPUs [1][4] - The partnership highlights Meta's increasing reliance on Nvidia, despite its own chip development and collaborations with competitors like AMD and Google [4] Group 2 - The collaboration includes Nvidia's networking equipment and confidential computing technology for WhatsApp's AI features, as well as the deployment of the next-generation Vera CPU to replace the current Grace CPU [4] - By choosing a single supplier for a full-stack chip solution, Meta aims to reduce operational complexity, while Nvidia's move indicates its ambitions in the CPU space [4] - The current demand for AI infrastructure is strong, suggesting that competitors like Intel and AMD may not experience significant declines in the short term despite increased competition [4]

义乌一家国际货代公司负责人1月6日向《每日经济新闻》记者（以下简称每经记者）透露，目前公司基本不再接收和委内瑞拉相关的港口订单，担心有太多 不确定因素。 1月5日，国际物流数字化服务平台运去哪（YQN）的航线专家向每经记者透露，已有部分海运客户暂停出货，取消当天前往委内瑞拉北部重要港口拉瓜伊 拉的装货计划或申请退关。整体来看，由于当前局势不稳，委内瑞拉短期内后续订舱量可能将受到一定影响。 1月3日，美国强掳委内瑞拉总统夫妇，其后，邻国哥伦比亚宣布进入一级战备状态。拉美部分地区局势动荡，其涟漪也波及国内从事国际物流运输的企业。 事实上，包括委内瑞拉在内的十多个拉美地区国家官方语言均为西班牙语。尽管眼下拉美部分地区时局动荡，但远隔万里之外的浙江义乌，仍有越来越多的 外贸商家开始重视拉美地区的新增量，学西班牙语成为不少商户在主业之外的兴趣选择。 除了主动学习语言以外，AI翻译卡片、大模型等AI产品也正为义乌商户们的多语种沟通能力提供加持。中国AI技术的进化，也吸引了海外客商的关注。近 期，每经记者在义乌第六代市场全球数贸中心发现，智能眼镜、AI翻译器、无人机、AI耳机等智能硬件产品成为不少外商选购的热门品种。 拉美 ...

2月18日，高瓴旗下专注二级市场投资的基金管理平台HHLR Advisors（简称"HHLR"）公布了截至2025年四季度末的美股持仓情况。 数据显示，截至2025年末，HHLR共持有33只美股上市公司，中概股仍是其核心配置资产。从调仓动作来看，HHLR去年显著增持了阿里巴巴和拼多多， 减持网易、富途控股等标的，持仓进一步集中在电商龙头、生物医药和科技方向。 中概股仍是"心头好" 数据显示，截至2025年末，中概股仍是HHLR的核心配置资产，市值占比达92%。而且截至去年末，HHLR前十大重仓股分别为拼多多、阿里巴巴、百济 神州、富途控股、传奇生物、ARRIVENT BIOPHARMA INC、贝壳、WEBULL CORP、CYTEK BIOSCIENCES INC和CLEARWATER ANALYTICS HLDGS I，中概股占据七席。 从调仓动作来看，高瓴对拼多多的加码，与景林资产、高毅资产不谋而合。 据美国证券交易委员会公示信息，截至2025年末，HHLR持有拼多多1072.1万股，相较于去年三季度末增持212.9万股。 无独有偶，美国证券交易委员会信息显示，截至去年末，高毅资产持有拼多多133.3万 ...