白银、铂金、钯金昨夜均大涨超10%。 当地时间周五（12月26日），美国三大股指小幅收跌，其中，道琼斯工业指数跌0.04%，标普500指数跌0.03%，纳斯达克综合指数跌 0.09%。本周，道琼斯工业指数累涨1.2%，标普500指数累涨1.4%，纳斯达克综合指数累涨1.22%。 大型科技股多数下跌，特斯拉跌超2%，脸书跌0.64%，谷歌A跌0.18%，苹果跌0.15%，微软跌0.06%，亚马逊涨0.06%，英伟达涨逾1%。 中概股多数上涨，纳斯达克中国金龙指数涨0.71%，万得中概科技龙头指数涨1.23%。热门中概股方面，小鹏汽车涨超6%，叮咚买菜涨逾 5%，蔚来涨超4%，理想汽车涨逾3%，希尔威金属矿业涨逾3%；脑再生跌近14%，比特小鹿跌逾6%，小马智行跌超4% ，霸王茶姬跌逾 2%。 值得一提的是，贵金属方面，COMEX白银期货涨11.15%，现货白银涨10.24%，续创历史新高；NYMEX铂收涨11.84%，创历史新高； NYMEX钯收涨14.04%。此外，COMEX黄金期货涨1.31%，现货黄金涨1.12%，亦创历史新高。 白银、钯金、铂金期货暴涨 周五，国际金银续创新高。COMEX黄金期货涨1.3 ...

Group 1 - Ukrainian President Zelensky is expected to meet with US President Trump on Sunday to discuss sensitive issues, including the future of the Donbas region and the Zaporizhzhia nuclear power plant [4] - Moscow's recent statements raise doubts about the prospects for a final ceasefire agreement [4] Group 2 - Rent prices in major US cities have decreased, marking one of the most tenant-friendly periods in a decade, with median rent in November at $1,693, down approximately 1% year-on-year [7] - The median rent across the US has fallen to $1,367, a decline of 1.1% year-on-year, with expectations for continued low rents until early 2026 [7] Group 3 - Oracle's stock is on track for its worst quarter since 2001, having dropped 30% so far, amid concerns about its ability to support OpenAI with additional server capacity [9][10] - Oracle's quarterly revenue and free cash flow fell below expectations, and the new CFO has requested a capital expenditure of $50 billion for fiscal 2026, a 43% increase from previous plans [10] Group 4 - Target is facing pressure from an activist investor after experiencing nearly a one-third drop in stock price this year and reporting its 12th consecutive quarter of negative or nearly zero sales growth [12] Group 5 - Spot gold and silver prices have reached historic highs, driven by geopolitical tensions and a weakening dollar, with gold surpassing $4,540 per ounce and silver exceeding $77 per ounce [14] Group 6 - Global M&A transaction volume has surpassed $4 trillion for the first time since 2021, with a nearly 50% increase year-on-year, driven by a record number of large deals [16] - The year saw 68 transactions valued at over $10 billion, reshaping various industries and supported by favorable market conditions and financing [16]

12月27日收盘：美股周五收跌 本周美股三大股指均录得涨幅 12月27日美股成交额前20：谷歌允许用户更改Gmail邮箱地址 12月27日热门中概股多数上涨 阿里巴巴涨1.46%，小鹏汽车涨6.23% 现货黄金和白银价格再创历史新高 受地缘政治和美元走软影响 乌克兰谈判消息推动油价下挫 圣诞节后交投清淡 宏观 特朗普：在我批准之前，泽连斯基"什么都没有" 泽连斯基预计周日与特朗普会面 俄方表态令协议前景受到质疑 超30万美国学生贷款借款人申请新还款计划遭拒 美国多个大城市房租下跌 专家称这是十年来"对租客最友好的时期之一" 纽约将要求社交媒体平台显示心理健康警示 泽连斯基将与特朗普会晤，讨论和平协议草案中的分歧 公司 甲骨文股价将迎来2001年以来最糟糕的一个季度 谷歌推出新功能，允许用户更改Gmail邮箱地址 美零售巨头塔吉特据悉正面临一家激进投资者的压力 苹果库克出手，为耐克送上亟需的假日行情提振 欲览更多环球财经资讯，请移步7×24小时实时财经新闻 市场 三名女性在巴黎地铁持刀袭击事件中受伤 冬季风暴预警致美国航空公司超千架次航班取消 Atos拟将拉美业务出售予巴西赛曼蒂克斯科技公司 评论 2025年全 ...

全球财经媒体昨夜今晨共同关注的头条新闻主要有： 泽连斯基预计周日与特朗普会面 俄方表态令协议前景受到质疑 乌克兰总统泽连斯基表示，他预计将与美国总统特朗普周日在佛罗里达会面，以争取达成协议结束冲 突。不过，莫斯科方面的最新表态让外界对达成最终停战协议还有多远产生了疑问。 泽连斯基周五对记者表示，他将与特朗普讨论敏感议题，包括乌克兰东部顿巴斯地区的未来以及扎波罗 热核电站。 1、泽连斯基预计周日与特朗普会面 俄方表态令协议前景受到质疑 2、美国多个大城市房租下跌 专家称这是十年来"对租客最友好的时期之一" 3、甲骨文股价将迎来2001年以来最糟糕的一个季度 4、美零售巨头塔吉特据悉正面临一家激进投资者的压力 5、现货黄金和白银价格再创历史新高 受地缘政治和美元走软影响 6、2025年全球并购交易额突破4万亿美元 同比增长近50% 这位乌克兰领导人说，他计划尽最大限度完善与美国之间的协议，甚至可能最快在周日的会谈中就取得 进展，然后全面的20点和平计划将需要俄罗斯和欧洲的参与。 美国多个大城市房租下跌 专家称这是十年来"对租客最友好的时期之一" 随着新公寓房源持续涌入市场，房租预计将在2026年继续保持低位。 甲 ...

For dealmakers across the world, the third quarter was one of the best and one of the worst in recent history. ...

Core Viewpoint - Tata Motors has made a significant move by acquiring Iveco for €3.8 billion, marking a record transaction in the automotive sector for the year 2025. This acquisition is not just a financial transaction but a strategic partnership aimed at enhancing Tata's technological capabilities and market reach while allowing Iveco to leverage Tata's cost-effective manufacturing [3][5][7]. Group 1: Acquisition Details - Tata Motors will acquire all outstanding shares of Iveco at €14.1 per share, totaling approximately €3.8 billion. The deal is expected to close in the first half of 2026 [5]. - The acquisition excludes Iveco's defense business, which will be sold to Leonardo for €1.7 billion, expected to complete by the first quarter of 2026 [5][6]. - The transaction is seen as a strategic fit, with Tata needing technology and brand strength, while Iveco seeks low-cost manufacturing and access to emerging markets [6][7]. Group 2: Strategic Implications - Tata's strategy involves a phased approach: first, divesting the defense business to avoid regulatory scrutiny; second, integrating its low-cost manufacturing capabilities with Iveco's established market presence; and third, leveraging Iveco's advanced engine technology to reduce overall vehicle costs by 20% within three years [7][8]. - The new group formed post-acquisition will operate independently, with projected annual sales of 540,000 units and revenues of €22 billion, positioning Tata among the top global commercial vehicle manufacturers [8]. Group 3: Tata Motors' Background - Tata Motors has evolved from a small trading company in 1868 to a major player in the global automotive industry, with significant acquisitions in the past, including Tetley, Corus, and Jaguar Land Rover [9][11][12]. - The company has successfully utilized its Indian cost advantages and global financing capabilities to fund its expansion and acquisitions, resulting in a diversified portfolio with revenues exceeding $130 billion [12]. Group 4: Global M&A Trends - The global M&A landscape is experiencing a resurgence, with total transaction values reaching $2.6 trillion, driven by a combination of low financing costs, attractive asset valuations, and strategic realignments in supply chains [13][16]. - Factors contributing to this trend include reduced interest rates, significant cash reserves held by sovereign wealth funds and private equity, and favorable regulatory environments in various regions [14][15][16].

Group 1 - Global M&A transaction volume has reached $2.6 trillion, the highest level for the first seven months since the peak during the pandemic in 2021 [1] - Despite a 16% decrease in the number of transactions compared to last year, the total value of transactions has increased by 28%, driven by several large deals over $10 billion in the U.S. [1] - Major transactions include Union Pacific's proposed $85 billion acquisition of Norfolk Southern and SoftBank's $40 billion investment in OpenAI [1] Group 2 - The current M&A activity is primarily focused on growth, with companies eager to keep pace in the competitive landscape, particularly in artificial intelligence [1][2] - The healthcare sector was a major driver of M&A activity in the years following the pandemic, while the computer and electronics sectors have seen a significant increase in acquisition offers over the past two years [2] - AI is expected to continue driving more transactions, with notable deals such as Samsung's $1.7 billion acquisition of FlaktGroup and Palo Alto Networks' $25 billion acquisition of CyberArk [2] Group 3 - Private equity firms, which had previously been cautious, are becoming active again, with Sycamore Partners privatizing Walgreens Boots Alliance for $10 billion and KKR and Advent competing for a £4.8 billion bid for Spectris [3] - The U.S. remains the largest M&A market globally, accounting for over half of total transactions, while the Asia-Pacific region has seen a doubling of M&A volume compared to last year, outpacing Europe, the Middle East, and Africa [3]

Group 1 - The outlook for investment banking remains "quite optimistic" despite market disruptions caused by U.S. tariff policies and uncertainty in deal timelines [1] - Goldman Sachs has a strong pipeline of global transactions, with corporate clients still actively discussing mergers and financing [1] - There has been a 30% increase in large transactions valued over $500 million this year, indicating market resilience [1] Group 2 - Goldman Sachs is implementing extensive succession planning for approximately 300 senior positions within the company [2] - The firm is highly selective in its hiring process, with a less than 1% acceptance rate for experienced candidates out of 875,000 applicants [2] - There are signs of recovery in the commercial real estate market, which had previously faced challenges during the pandemic [2]

Core Viewpoint - Hillhouse Capital plans to invest $1 billion to $2 billion annually in Japan and double its employee count in East Asia to capitalize on increasing transaction activities [2][3]. Group 1: Investment Strategy - Hillhouse Capital has appointed Tomohiro Kikuta, a former Bain Capital partner, to lead its expansion in Japan, indicating a strategic focus on the Japanese market [2]. - The firm has approximately $6 billion available from its fifth fund, which has a total size of $20.5 billion, significantly exceeding its initial target of $13 billion [2]. - The fifth fund was launched in 2020, with $10 billion allocated for acquisitions and $3 billion for growth and venture investments [2]. Group 2: Market Trends - There has been a notable increase in M&A activities in Japan, driven by corporate governance reforms and yen depreciation, attracting global investment interest [3]. - Interest in Southeast Asian private equity funds has decreased significantly, with no funds focused on this region completing final fundraising in the first half of 2024 [3]. Group 3: Competitive Landscape - Sequoia China is also focusing on the Japanese market, having hired Komi Kyu from Bain Capital to build an investment team in Tokyo [4]. - Notable investors, including Warren Buffett, have shown interest in Japan, with Berkshire Hathaway potentially increasing its investments in Japanese trading companies [4]. Group 4: Company Operations - Hillhouse Capital has been investing in Japan since 2009 and plans to increase its local workforce from 10 to approximately 20 by the end of 2025 [5]. - The firm is transitioning to a dedicated office space in Tokyo's Marunouchi business district and is preparing for seven ongoing transactions in Japan [5]. - Hillhouse Capital, founded by Zhang Lei in 2005, is known for its hedge fund and private equity investments, with a focus on healthcare, business services, consumer goods, and advanced manufacturing in Japan [5].