谈及跨境电商行业最直观的变化，Jason认为是合规化全面推行。 经济观察报 记者 钱玉娟 编者按：2025年，科技互联网的齿轮转动得比以往任何时候都要快。在技术洗牌的前夜，没有人敢停 下。 我们看到，大厂在算力和大模型应用里厮杀，电商在监管与合规的夹缝中重塑底线。做无人机的去卷扫 地机器人，一批公司蜂拥去做智能眼镜，整个硬件圈陷入了一种"无所不能"的集体幻觉与入口焦虑。 我们也看到，人形机器人刚踉踉跄跄地走出实验室，在车间干些零活，就迎来残酷的价格战；短剧告别 了一夜暴富的粗放模式，漫剧直接降维打击，头部内容公司既兴奋又不安。 这不再是写份PPT就能拿到千万融资的时代，技术、商业化场景和生态优势，丢了哪头都不行。活下 去，并且要硬核地活下去，成了2025年TMT行业的共识。 2025年开春，跨境电商老兵Jason决定走出去，带领投流团队拜访新加坡及马来西亚等地的本土卖家， 并熟悉东南亚主要国家的本地仓库。两个多月后，他租下了新加坡河畔金融区的一间写字楼，专职做起 了本地化业务。 跨境电商服务商Jason深耕外贸二十余年，在国内，他知道哪个产业带出货好，哪家工厂能做小单快 返；到了海外，他能把这些供应链能力精准 ...

Core Viewpoint - Amazon's stock price has experienced a nine-day decline, entering a technical bear market, making it the second member of the "Mag7" (the seven largest U.S. tech companies) to do so, following Microsoft. The total market value of the Mag7 has decreased by approximately $1.51 trillion this year [1][2]. Group 1: Stock Performance - Amazon's stock closed at $198.79 per share, down over 23% from its recent peak [2]. - Microsoft was the first Mag7 member to enter a bear market, with its stock down 27.8% from its recent high as of Friday's close [2]. - Meta is on the verge of entering a bear market, having declined 19.6% from its peak, just 0.4% away from the 20% threshold [2]. Group 2: Institutional Selling - UBS and Goldman Sachs have significantly reduced their holdings in several major U.S. tech stocks, as indicated in their recent 13F filings with the SEC [2][4]. - UBS reduced its stake in Nvidia by 10.57 million shares, representing an 11.47% decrease, and also reduced its positions in Microsoft, Apple, Amazon, and Google by varying percentages [4]. - Goldman Sachs also reduced its holdings in Microsoft, Tesla, Broadcom, and Meta, with reductions ranging from 5.86% to 13.51% [4]. Group 3: Market Trends and Influences - The decline in the Mag7 stocks coincides with similar trends in the A-share market, indicating a potential shift in global investment styles [5]. - Factors contributing to this trend include investor skepticism regarding the return on investment from AI expenditures by tech giants and a potential negative shift in free cash flow due to increased capital expenditures [5]. - The U.S. short-term liquidity market is showing signs of strain, with overnight reverse repos dropping to a low of $3.77 billion, indicating a tightening liquidity environment [5].

Primo Brands Corporation (NYSE:PRMB) is one of the most promising low-cost stocks to buy now. On January 8, Mizuho lowered its price target on Primo Brands to $24 from $28 with an Outperform rating. This adjustment was made as part of the firm’s 2026 food producers sector outlook. The firm expects growth in the healthy living segment to lead the market in 2026. However, Mizuho noted that increased competition has already begun to weigh on stock valuations. It noted that because of weak underlying fundamen ...

Group 1 - QXO Inc. has entered into a definitive agreement to acquire Kodiak Building Partners for approximately $2.25 billion, consisting of $2.0 billion in cash and 13.2 million shares, with the acquisition expected to close in early Q2 2026 [1][2] - Kodiak Building Partners is a significant US distributor of construction supplies, generating around $2.4 billion in revenue in 2025, with a strong presence in high-growth markets like Florida and Texas [2][3] - The acquisition is projected to be highly accretive to QXO's earnings and will expand its addressable market to over $200 billion [1][2] Group 2 - QXO aims to drive margin expansion through scaled procurement, AI-powered inventory management, and other technology-enabled efficiencies as part of the acquisition strategy [3] - The company is actively pursuing further acquisitions, supported by recent equity financings from Apollo and Temasek, aligning with its long-term goal of reaching $50 billion in annual revenue within the next decade [3][4]

Core Viewpoint - Yuanlong Yatu (元隆雅图) aims to achieve significant milestones in 2025 by advancing its "Big IP + Technology" strategy, focusing on both B-end and C-end markets to drive growth and enhance service efficiency through the application of cutting-edge technologies like AI [1] Group 1: B-end Business Development - Yuanlong Yatu continues to deepen its service for major B-end clients, providing customized solutions in gift planning, digital marketing, and new media marketing, leveraging a collaborative advantage of "physical gifts + content dissemination + data empowerment" [2] - The company has successfully created benchmark cases, such as the "Meow Delivery" pet product series for McDonald's, which has seen high sales and social media engagement, showcasing the effectiveness of product-driven commercial growth [2] - IP collaboration remains a key focus, with the company leveraging the popularity of "Zootopia 2" to create themed plush products that support brand strategies aimed at younger audiences [2] Group 2: C-end Retail Business - 2025 marks a pivotal year for Yuanlong Yatu's C-end strategy, with the launch of over a hundred IP-themed toys and cultural products, including the well-received "Lucky Horse" blind box [4] - The new retail sub-brand "Yuanlong Yuanchuang" has been established, with its first offline store opening in Beijing, indicating the start of the company's "retail year" and expanding into various retail formats [4] - The company is actively engaging in major event licensing, partnering with top-tier events to develop a wide range of licensed products, further solidifying its leadership in the IP cultural industry [4] Group 3: Future Strategy and Technology Empowerment - Looking ahead to 2026, Yuanlong Yatu plans to continue its "Big IP + Technology" dual-driven strategy, focusing on enhancing core capabilities and collaborating with clients and partners to explore new trends and create value [5] - In the B-end sector, the company will concentrate on high-quality marketing services and improve its creative strategies and data insights to deliver high-value solutions tailored to industry needs [6] - For the C-end, the company aims to enrich its IP toy and cultural product offerings, optimize online operations, and leverage its role in the Beijing Commercial Association to promote local cultural products [6] - The company will increase investments in digitalization and intelligence, integrating AI into various business processes to accelerate its transformation and enhance high-quality development [6]

Axalta Coating Systems Ltd. (NYSE:AXTA) is one of the most undervalued mid cap stocks to buy now. On February 11, UBS analyst Joshua Spector raised the firm’s price target on Axalta Coating to $36 from $35 and maintained a Neutral rating. On the same day, Baird raised its price target on Axalta Coating to $37 from $35 while maintaining a Neutral rating. The firm updated its financial model following the company’s Q4 2025 results and noted that execution remains solid. BMO Capital also raised its price t ...

Sirius XM Holdings Inc. (NASDAQ:SIRI) is one of the most undervalued mid cap stocks to buy now. On February 10, JPMorgan analyst Sebastiano Petti upgraded Sirius XM to Neutral from Underweight, while raising the price target to $24 from $20. The upgrade followed better-than-expected Q4 2025 results and improving subscriber trends. The firm expressed encouragement regarding Sirius XM’s new product contributions, advertising trends, and monetization efforts, while noting the company’s progress toward delever ...

Coinbase Global Inc. (NASDAQ:COIN) is one of the best upside stocks to invest in right now. On February 11, H.C. Wainwright lowered its price target on Coinbase to $350 from $425 and kept a Buy rating. This decision was made ahead of the company’s Q4 2025 earnings report. The firm anticipates a potential miss in net revenue and adjusted EBITDA due to intra-quarter data, suggesting an ideal setup is unlikely. However, H.C. Wainwright recommends buying on any post-report weakness. This bullish stance is sup ...

Reddit Inc. (NYSE:RDDT) is one of the best upside stocks to invest in right now. On February 9, Citi lowered its price target on Reddit to $245 from $265 and kept a Buy rating, citing recent market volatility following the company’s Q4 2025 report as the reason for the adjustment. On the same day, Wells Fargo lowered its price target on Reddit to $196 from $207 with an Equal Weight rating. The firm noted that the company delivered a steady beat and raise report in a market that currently has little tolera ...

Caesars Entertainment Inc. (NASDAQ:CZR) is one of the best upside stocks to invest in right now. On January 23, JPMorgan lowered its price target on Caesars to $37 from $38 while maintaining an Overweight rating as part of a Q4 2025 earnings preview for the gaming sector. The firm suggests investors remain selective due to prevailing negativity surrounding gaming stocks and noted that the digital segment presents the most significant opportunity for earnings beats. Additionally, on January 21, TD Cowen l ...