Group 1 - Global growth momentum is slightly declining due to decreased confidence among businesses and consumers, despite resilience in the services sector and a gradual retraction in manufacturing from short-term boosts caused by tariffs [1] - The U.S. is facing stagflation risks with tariffs and labor market constraints potentially increasing inflationary pressures, while Europe is more stable with controlled inflation and expected expansionary fiscal policies in Germany [1] - Asia presents a mixed scenario, with China implementing stimulus measures and Japan awaiting clearer economic recovery signals before adjusting interest rate policies [1] Group 2 - In the technology sector, there is increasing market attention on humanoid robots and smart devices driven by breakthroughs in artificial intelligence and leading companies [2] - The investment theme in artificial intelligence remains attractive and may be undervalued, with its potential not fully recognized by the market [2] - The enterprise software sector shows resilience due to stable recurring revenues and high profit margins, with expectations that artificial intelligence will help simplify repetitive tasks and effectively enhance human productivity [2]