来源：金十数据 随着大型科技公司准备在未来几周陆续公布季度财报，AI交易正走向一个关键节点。 "七大科技巨头"此前被视为市场中毫无争议的赢家，但这一叙事在今年以来已明显动摇，投资者开始追 逐周期股、小盘股以及国际市场的动量。本轮财报季将考验这些超大市值科技股的韧性，尤其是在市场 从少数赢家向更广泛标的扩散的背景下。 微软(MSFT.O)、Meta Platforms(META.O)和特斯拉(TSLA.O)都将于1月28日（周三）美股盘后公布财 报；苹果(AAPL.O)则将在次日、1月29日盘后发布业绩。 苹果和Alphabet得到最大青睐 当前，华尔街尤其看好两家大型科技公司：苹果和谷歌母公司Alphabet(GOOGL.O)。 本月早些时候，这两家公司达成合作，苹果将授权使用谷歌的Gemini技术，用于其下一代Siri语音助 手。美国银行分析师瓦姆西·莫汉（Wamsi Mohan）认为，苹果引入Gemini将是推进其AI战略的关键一 步。他在1月的一份报告中写道： 半导体热潮中的热门标的 尽管英伟达(NVDA.O)股价今年以来整体持平，但市场对半导体的热情并未降温，VanEck半导体 ETF(SMH.O)年 ...

Core Viewpoint - Recently, Zhejiang University NetNew's subsidiary, NetNew Software, won the bid for the data center project of Guangxi Financing Guarantee Group, aiming to build an integrated digital platform covering data aggregation governance, inter-provincial collaboration, business support assurance, and real-time credit data interaction [1] Group 1 - The data center project focuses on creating a comprehensive digital platform [1] - The project includes components for data aggregation governance and inter-provincial collaboration [1] - The initiative aims to enhance business support and real-time credit data interaction [1]

尽管特朗普政府对美联储施压要求降息，但市场普遍认为本周FOMC会议将平淡无奇。投资者的注意力 已从单一的货币政策转向更为广泛的盈利增长和经济韧性，预示着美股市场结构正在发生深刻变化。 摘要今日周一(1月26日)亚盘时段，黄金T+D目前交投于1141.45元附近，截至发稿，黄金T+D暂报 1138.93元/克，涨幅3.08%，最高触及1141.45元/克，最低下探1100.25元/克。目前来看，黄金T+D短线偏 向看涨走势。 今日周一(1月26日)亚盘时段，黄金t+d目前交投于1141.45元附近，截至发稿，黄金t+d暂报1138.93元/ 克，涨幅3.08%，最高触及1141.45元/克，最低下探1100.25元/克。目前来看，黄金t+d短线偏向看涨走 势。 【要闻速递】 随着鲍威尔任期临近尾声及特朗普提名的潜在人选，美联储的政策独立性面临挑战。交易员已定价6月 降息的可能性(59.4%)。市场普遍预期，一旦新主席上台，美联储可能在夏季转向更鸽派的立场。 【最新黄金t+d行情解析】 黄金t+d技术面呈现强劲的多头格局。最新报价约1115.5元/克，日内涨幅约0.99%。技术指标显示，均线 系统呈现典型的多头排 ...

Core Viewpoint - The article discusses the ongoing legal proceedings related to Zhuolang Technology, highlighting the company's false statements that led to investor claims and subsequent compensation rulings [2][3][4]. Group 1: Legal Proceedings and Compensation - Zhuolang Technology's investor compensation case has entered a batch mediation phase, with significant progress reported as investors have begun receiving compensation following court rulings in their favor [3][4]. - The first investor represented by attorney Xu Feng has successfully won the case and received the awarded compensation, with the legal team continuing to accept claims from other investors [3][4]. Group 2: Financial Misconduct - Zhuolang Technology's subsidiary, Tianjin Zhuolang Technology Development Co., Ltd., was found to have fabricated sales of servers, software, and system integration services, resulting in inflated revenues and profits from 2019 to 2023 [2][4]. - The inflated revenues reported were 249.15 million yuan, 489.13 million yuan, 338.61 million yuan, 656.13 million yuan, and 82.25 million yuan for the respective years, constituting 21.05%, 45.19%, 41.60%, 72.46%, and 13.22% of the disclosed revenue [2][4]. - The inflated profit totals were 249.15 million yuan, 309.90 million yuan, 338.61 million yuan, 357.13 million yuan, and 82.25 million yuan, representing 33.81%, 7.68%, 41.26%, 86.08%, and 50.27% of the disclosed profit totals [2][4]. Group 3: Investor Rights and Claims - Investors who purchased Zhuolang Technology stock between September 24, 2019, and March 15, 2024, and sold or held the stock after March 15, 2024, are still eligible to initiate claims [3][5]. - The legal services provided by Xu Feng's law firm do not incur any costs for investors who do not receive compensation [5].

数据显示，华夏基金旗下1只基金重仓华胜天成。华夏上证580ETF（530530）四季度持有股数18.91万 股，占基金净值比例为0.52%，位居第十大重仓股。根据测算，今日浮亏损失约20.04万元。 1月26日，华胜天成跌5.04%，截至发稿，报19.98元/股，成交21.28亿元，换手率9.47%，总市值219.08 亿元。 资料显示，北京华胜天成科技股份有限公司位于北京市海淀区西北旺东路10号院东区23号楼北京华胜天 成科研大楼，成立日期1998年11月30日，上市日期2004年4月27日，公司主营业务涉及通讯软件的技术 开发、技术咨询、技术服务、技术培训;承接通讯软件应用系统集成;销售开发后产品、计算机软硬件及 外围设备、通信设备;电子商务服务。 从基金十大重仓股角度 截至发稿，李俊累计任职时间8年49天，现任基金资产总规模956.67亿元，任职期间最佳基金回报 146.12%， 任职期间最差基金回报-39.56%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，任何在本文出现的信息（包括但 不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 ...

Core Insights - The article highlights the launch of the AI Ping Pong Sticker by KERUIYUN, which integrates NFC communication technology and AI capabilities to enhance marketing efficiency for businesses [1][2]. Group 1: Product Features - The AI Ping Pong Sticker allows customers to quickly access promotional pages by simply tapping their phones, while still retaining traditional QR code options for user convenience [1]. - It facilitates a seamless interaction experience in marketing scenarios, leading to increased customer purchases and higher single-store revenue [1]. Group 2: Marketing Strategy - The product helps restaurants create an efficient marketing loop centered around "attracting traffic - in-store visits - repeat purchases," enabling quick access to various marketing applications [2]. - Customers can easily engage with platforms like Xiaohongshu, Douyin, and WeChat, allowing businesses to convert offline traffic into private domain traffic [2]. Group 3: Content Generation - The AI Ping Pong Sticker includes an AI writing feature that generates authentic reviews and allows customers to edit content, ensuring personalized experiences [4]. - It supports the creation of two types of promotional notes for Xiaohongshu: one for professional influencers and another simulating real customer dining experiences [4]. Group 4: Private Domain Growth - The product serves as a significant tool for private domain marketing, efficiently guiding public traffic into WeChat or merchant mini-programs [6]. - Businesses can utilize mini-programs to push new products and promotions, enhancing user engagement and retention through personalized marketing strategies [6]. Group 5: Overall Impact - In an era where traffic growth is plateauing, the AI Ping Pong Sticker offers a low-cost, high-efficiency growth path for restaurants, acting as a digital engine that connects customers and drives repeat purchases [8].

受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 2026年1月25日，北京盈科（杭州）律师事务所陈宇霞律师向法院递交了一批股民针对ST立方 （300344）的证券虚假陈述责任纠纷案的起诉材料，要求立方数科赔偿股民的相关投资损失。（陈宇霞 律师专栏） 该批案件是基于立方数科的相关财务造假行为，此前，立方数科收到证监会安徽监管局的《行政处罚事 先告知书》。安徽监管局经调查认定，立方数科通过开展代理业务、融资性贸易、虚假贸易虚增营业收 入、营业成本、利润总额，导致立方数科披露的2021年至2023年年度报告存在虚假记载。其中，2021 年，虚增营业收入 279，726，668.85元，占当年营业收入的50.09%，虚增营业成本 277，114，254.09 元，占当年营业成本的60.61%；2022年，虚增营业收入311，855，333.46 元，占当年营业收入的 51.67%，虚增营业成本305，460，743.11元，占当年营业成本的53.54% ...

回溯上年同期经营业绩，公司利润总额为-3926.91万元，归属于母公司所有者的净利润为632.27万元，每股收益为0.009元。 对于2025年业绩预亏的主要原因，公告明确指出， 1月24日，多伦科技发布2025年度业绩预告公告，预计2025年年度实现归属于母公司所有者的净利润为-2500万元，较上年同期的盈利状态转为亏损；归属于 母公司所有者的扣除非经常性损益后的净利润为-8000万元，上年同期该数据为-2615.56万元。 一方面受市场环境因素影响，公司主营业务订单达成不及预期，导致营业收入较去年同期出现下滑；另一方面，为增强核心竞争力，公司在新产品研发及产 业链布局等方面仍保持较高投入，而新产品市场推广尚未形成规模贡献，不过公司核心竞争力和持续经营能力未发生重大不利变化。 ...

Summary of Key Points from Conference Call Records Industry and Company Involvement - **ServiceTitan**: A vertical software company providing an end-to-end operational platform for various industries, including residential and commercial sectors [2] - **Via Transportation**: A transportation service company that recently went public [4] - **Intuit**: A financial software company aiming for significant revenue growth through new product cycles [5] - **Oracle**: A technology company focusing on GPU as a service, facing challenges in execution [6] - **Microsoft Azure**: A cloud computing service experiencing strong demand but facing capacity issues [7][8] - **OpenAI**: A partner of Microsoft, with significant revenue implications for Azure [9][10] - **ServiceNow**: A cloud computing company with a focus on IT service management [16] Core Insights and Arguments - **ServiceTitan's Competitive Advantage**: The company has a strong moat due to proprietary data and end-to-end process control, which limits competition. Its AI features are additional purchases, enhancing value and market confidence [2] - **Via Transportation's Stock Performance**: The stock dropped significantly post-IPO due to only slightly exceeding expectations. However, if the company can maintain over 30% growth, it may lead to a reassessment of its valuation [4] - **Intuit's Growth Potential**: Intuit aims for a 20% revenue growth driven by advancements in tax services and expansion into the mid-market accounting sector, potentially doubling revenue and earnings per share by FY2030 [5] - **Oracle's GPU Service Challenges**: The company requires substantial investment (over $400 billion in the next 3-4 years) to develop its GPU service, with execution risks reflected in its stock price [6] - **Azure's Capacity Issues**: Azure faces a supply-demand imbalance, with strong growth in commercial bookings. New data centers will take time to build, but contracts with emerging cloud vendors may accelerate growth [7][8] Additional Important Insights - **OpenAI's Risk Exposure**: Microsoft's partnership with OpenAI presents risks due to reliance on a single client for significant revenue. Transparency in order growth and diversification of client base is crucial [9][10] - **ServiceNow's Performance**: Despite lowering guidance due to federal business risks, ServiceNow's core business remains strong, with growth in IT asset management and new AI solutions contributing to revenue [16] - **Microsoft 365 Copilot's Market Position**: The usage of Microsoft 365 Copilot is increasing, indicating strong market acceptance despite competition. CIOs prioritize infrastructure and data governance when evaluating competing products [11][12] - **Investor Focus Areas**: Investors should monitor Azure's growth, operational efficiency, and the impact of rising memory and electricity costs on margins [14][15]

Core Viewpoint - Weimob Group (02013) saw a significant stock increase of over 8% in early trading, attributed to Tencent's AI platform Yuanbao launching a new Spring Festival activity that includes a cash red envelope giveaway [1] Group 1: Company Performance - As of the report, Weimob's stock price rose by 7.26% to HKD 2.51, with a trading volume of HKD 188 million [1] - Weimob Group is a provider of cloud-based business and marketing solutions in China, focusing on decentralized digital transformation SaaS products and full-link growth services for merchants [1] Group 2: Industry Developments - Tencent's Yuanbao is set to start a new Spring Festival activity on February 1, offering 1 billion cash red envelopes, with individual users eligible for up to HKD 10,000 [1] - The new red envelope activity is seen as Tencent's entry into the competition for consumer-facing AI application super gateways, potentially increasing Yuanbao's download and daily active user numbers [1] - Weimob recently launched its GEO solution, Weimob Xingqi, aiming to capitalize on AI-generated application ecosystems and explore new opportunities in AI traffic applications [1]