Core Viewpoint - Trump Media & Technology Group (TMTG) is merging with TAE Technologies in an all-stock deal valued at over $6 billion, aiming to establish one of the first publicly traded fusion energy companies, targeting the energy demands driven by AI advancements [1][3]. Group 1: Transaction Details - The merger agreement has been signed, with TMTG and TAE shareholders each holding approximately 50% of the new company on a fully diluted basis [3]. - TMTG will provide up to $200 million in cash to TAE at signing, with an additional $100 million after filing the S-4 document [3]. - The transaction is expected to be completed by mid-2026, transforming TMTG into a holding company that includes its existing social media assets and the newly integrated energy and life sciences divisions from TAE [5]. Group 2: Management Structure - The new entity will implement a co-CEO structure, with Devin Nunes from TMTG and Michl Binderbauer from TAE serving as co-CEOs [5]. - Michael Schwab is expected to be nominated as the chairman of a nine-member board [5]. Group 3: Technological and Market Position - TAE Technologies has over 25 years of experience in fusion technology, having raised more than $1.5 billion in private capital and successfully built and operated five fusion reactors [5]. - The merger aims to commercialize fusion technology, with plans to identify the first site for a utility-scale fusion power plant by 2026, pending regulatory approval [6]. Group 4: Strategic Focus on AI and Energy Security - The merger is strategically aligned with the increasing energy demands driven by the AI revolution, with TMTG emphasizing that fusion power can provide affordable and reliable electricity essential for the U.S. to maintain its AI leadership [8]. - Devin Nunes highlighted that fusion energy represents a significant breakthrough since commercial nuclear power emerged in the 1950s, crucial for lowering energy costs and enhancing national defense [8]. - Michl Binderbauer noted recent technological advancements that enable faster capital deployment to address global energy shortages and fundamentally change the U.S. energy supply structure [8].

据外媒报道，当地时间12月18日，TikTok CEO周受资发出内部信，更新了TikTok美国业务进展。内部信称字节跳动、TikTok已与三家投资者签署协议，并将 成立新的TikTok美国合资公司。新合资公司名为TikTok美国数据安全合资有限责任公司（ TikTok USDS Joint Venture LLC），将负责美国的数据保护、算法 安全、内容审核和软件保障。由字节跳动全资控股的、TikTok在美国的其他实体将继续负责电商、广告、市场运营等商业活动，以及TikTok产品的全球互联 互通。据悉，协议相关事宜将在不晚于2026年1月22日完成。 这与国内媒体此前曝光的TikTok美国方案一致。 图片来自此前媒体报道。 据此前媒体报道，TikTok未来在美国运营主要涉及两个主体。上图左侧的"字节跳动TikTok美国公司"，将负责电商、品牌广告等商业活动，以及全球互联互 通等。该主体由字节跳动100%全资持有。 上图右侧的TikTok美国数据安全合资公司，即此次内部信提到的TikTok美国数据安全合资有限责任公司。它将负责美国数据与内容安全、软件保障等，以符 合美国法律要求。 内部信还提到，新合资公司将负责 ...

一则跨界豪赌核聚变的消息，让特朗普媒体科技集团成为市场焦点。 该公司宣布将以超过60亿美元的价格并购核聚变初创公司TAE Technologies。受此消息刺激，该公司股价一路飙升。截止发 稿，特朗普媒体科技集团暴涨超33%，报13.98美元，总市值超39亿美元。 跨界押注核聚变 TMTG的首席执行官德文·努内斯表示，这是迈向革命性能源技术的关键一步，有望巩固美国未来数十年的全球能源主导地 位。他还强调，聚变能将是自20世纪50年代商业核能诞生以来最具里程碑意义的能源突破，不仅能降低能源价格、增加能 源供给，还能助力美国稳固AI领域的领先地位、重振制造业并强化国防实力。 努内斯认为，TMTG"带来了资金和公开市场准入渠道，可以迅速将TAE成熟的技术转化为商业可行性"。 TAE的首席执行官米歇尔·宾德鲍尔博士则表示，TAE团队凭借对科学的坚守与投入，已做好准备应对全球能源短缺这一重 大挑战。"近期我们取得的突破性进展，让我们能够加快资金投入，推动成熟聚变技术的商业化落地。" 他表示，目前已确定首个试点地点，即将启动这项革命性技术的部署，它将从根本上改变美国的能源供应格局。 特朗普媒体与技术集团（TMTG）宣布了 ...

美国三大股指全线收涨，道指涨0.14%报47951.85点，标普500指数涨0.79%报6774.76点，纳指涨1.38% 报23006.36点。美联储方面，降息和换帅又有新消息。 个股方面，特斯拉涨超3%，亚马逊、脸书涨超2%，谷歌、英伟达涨近2%，微软涨超1%，苹果涨 0.13%。 而据CME"美联储观察"，美联储明年1月维持利率不变的概率为73.4%，降息25个基点的概率为26.6%。 相较于之前有小幅上升。 中概股多数上涨，纳斯达克中国金龙指数涨0.97%，个股方面，BOSS直聘涨超5%，小鹏汽车涨近3%， 禾赛科技涨近3%，万国数据涨超2%，信也科技涨近2%；名创优品跌超2%，贝壳跌逾1%，雾芯科技跌 超1%。 现货黄金则继续微涨。 事关新一任美联储主席，美国总统特朗普再度发声，不过，他并未明确哪位候选人领先。 特朗普表示，他正在为美联储主席一职面试"三到四位"候选人，并预计将"很快"决定提名谁来接替鲍威 尔。 "我认为他们每个人都会是不错的选择。"特朗普说。 特朗普表示，他不确定是否会在今年年底前宣布人选，但称决定将在"未来几周内"做出。这位总统已多 次表示，他希望美联储的下一任领导者能更积极地降 ...

这笔看似"天马行空"的交易背后，隐藏着清晰的商业逻辑。随着AI算力需求的爆发式增长，电力供应已成为制约技术发展的关键瓶颈。TAE作为全球最早的 私人聚变能源公司之一，其技术被寄予厚望。 当地时间12月18日，特朗普媒体与科技集团（DJT）宣布了一项大胆的跨界计划——与谷歌母公司Alphabet支持的核聚变能源公司TAE Technologies达成全股 票合并协议，交易估值超过60亿美元。 交易核心：60亿美元估值下的股权与规划 消息一出，市场反应极为热烈。截至当日收盘，DJT股价飙升41.93%，报14.86美元。 这桩合并采用全股票结构，交易总价值超过60亿美元。根据协议条款，合并后两家公司的现有股东将各持有新公司约50%的股份。 为支持交易推进，DJT将在签约时向TAE提供最高2亿美元现金，并在首次提交注册文件时再追加1亿美元。 合并后的新实体目标极为激进——计划于2026年选址并开始建设"全球首座公用事业规模聚变发电厂"，初期发电能力为50兆瓦，未来将扩展至350至500兆瓦 之间。 战略逻辑：AI算力"饥渴"催生的能源革命 这笔交易的战略逻辑十分明确——为人工智能的"电力饥渴"寻找解决方案。随着AI ...

由字节跳动全资控股的、TikTok在美国的其他实体，将继续负责电商、广告、市场运营等商业活动，以及TikTok产品的全球互联互通。协议相关事 宜将在不晚于2026年1月22日完成。 当地时间12月18日，TikTok CEO周受资发出内部信，更新了TikTok美国业务进展。 内部信称字节跳动、TikTok已与三家投资者签署协议，并将成立新的TikTok美国合资公司。新合资公司名为TikTok美国数据安全合资有限责任公司（ TikTok USDS Joint Venture LLC），将负责美国的数据保护、算法安全、内容审核和软件保障。 ...

Group 1: Technology Stocks Performance - Major tech stocks experienced a collective rise, with Tesla increasing over 3%, Amazon and Facebook rising over 2%, and Google and Nvidia gaining nearly 2% [2] - Chip stocks saw widespread gains, with Micron Technology up over 10%, TSMC rising nearly 3%, and ASML increasing over 2% [2] Group 2: Individual Stock Movements - Micron Technology's stock price reached $248.55, reflecting a 10.21% increase [3] - Tesla's stock price was $483.37, marking a 3.45% rise [3] - Amazon's stock price was $226.76, with a 2.48% increase [3] - Facebook's stock price was $664.45, showing a 2.30% rise [3] - Nvidia's stock price was $174.14, reflecting a 1.87% increase [3] - AMD's stock price was $201.06, with a 1.49% rise [3] Group 3: Chinese Stocks and Indices - The Nasdaq Golden Dragon China Index rose by 0.97%, indicating a positive trend for Chinese stocks [2] - Individual Chinese stocks such as BOSS Zhipin increased over 5%, while XPeng Motors and Hesai Technology rose nearly 3% [2] Group 4: Trump Media Technology Group - Trump Media Technology Group's stock surged over 40% following the announcement of a merger agreement with TAE Technologies, expected to complete by mid-2026 [4] Group 5: Commodity Prices - WTI crude oil futures closed up 0.38% at $56.15 per barrel, while Brent crude oil futures rose 0.23% to $59.82 per barrel [5] - COMEX gold futures fell 0.23% to $4363.9 per ounce, and COMEX silver futures dropped 2.17% to $65.45 per ounce [6] Group 6: Cryptocurrency Market - Major cryptocurrencies experienced declines, with Bitcoin dropping below $85,000, currently priced at $85,340 per coin [7][8] - Over the past 24 hours, more than 160,000 traders faced liquidation, totaling approximately $549 million [8] Group 7: Economic Indicators - The U.S. Consumer Price Index (CPI) for November rose 2.7% year-on-year, down from 3% in September, with food prices increasing by 2.6% and energy prices by 4.2% [9] - The core CPI, excluding food and energy, increased by 2.6% year-on-year [9] - The probability of a 25 basis point rate cut by the Federal Reserve in January is 26.6%, with a 73.4% chance of maintaining current rates [9]

Market Performance - The three major U.S. stock indices closed higher, with the Dow Jones up 0.14%, the S&P 500 up 0.79%, and the Nasdaq up 1.38% [1] - Major tech stocks saw collective gains, with Tesla rising over 3%, Amazon and Facebook up over 2%, and Google and Nvidia nearly 2% [3] Semiconductor Sector - Semiconductor stocks generally rose, with Micron Technology increasing over 10%, TSMC up nearly 3%, and ASML up over 2% [3] - Notable price movements included Micron at $248.55 (+10.21%), Tesla at $483.37 (+3.45%), and Amazon at $226.76 (+2.48%) [4] Chinese Stocks - The Nasdaq Golden Dragon China Index rose by 0.97%, with individual stocks like BOSS Zhipin up over 5% and XPeng Motors and Hesai Technology nearly 3% [3] Trump Media Technology Group - Trump Media Technology Group's stock surged over 40% following the announcement of a merger agreement with TAE Technologies, expected to complete by mid-2026 [5] Commodity Prices - WTI crude oil futures rose by 0.38% to $56.15 per barrel, while Brent crude increased by 0.23% to $59.82 per barrel [5] - COMEX gold futures fell by 0.23% to $4363.9 per ounce, and silver futures dropped by 2.17% to $65.45 per ounce [5] Cryptocurrency Market - Major cryptocurrencies experienced declines, with Bitcoin dropping below $85,000, currently at $85,340, reflecting a 0.84% decrease [6] - The total market saw over 160,000 liquidations in the past 24 hours [5] Inflation Data - The U.S. Consumer Price Index (CPI) for November rose by 2.7% year-on-year, down from 3% in September, with food prices up 2.6% and energy prices up 4.2% [7] - The core CPI, excluding food and energy, increased by 2.6% year-on-year [7] Federal Reserve Outlook - The probability of a 25 basis point rate cut by the Federal Reserve in January is 26.6%, with a 73.4% chance of maintaining current rates [8] - By March, the cumulative probability of a 25 basis point cut rises to 46.8% [8]

责任编辑：张恒星 当地时间12月18日，据第一财经了解，TikTok CEO周受资发出内部信，更新了TikTok美国业务进展。 内部信称字节跳动、TikTok已与三家投资者签署协议，并将成立新的TikTok美国合资公司。新合资公司 名为TikTok美国数据安全合资有限责任公司（ TikTok USDS Joint Venture LLC），将负责美国的数据保 护、算法安全、内容审核和软件保障。由字节跳动全资控股的、TikTok在美国的其他实体，将继续负责 电商、广告、市场运营等商业活动，以及TikTok产品的全球互联互通。协议相关事宜将在不晚于2026年 1月22日完成。（第一财经记者 吕倩） 责任编辑：张恒星 当地时间12月18日，据第一财经了解，TikTok CEO周受资发出内部信，更新了TikTok美国业务进展。 内部信称字节跳动、TikTok已与三家投资者签署协议，并将成立新的TikTok美国合资公司。新合资公司 名为TikTok美国数据安全合资有限责任公司（ TikTok USDS Joint Venture LLC），将负责美国的数据保 护、算法安全、内容审核和软件保障。由字节跳动全资控股的、Ti ...

另据美国劳工统计局最新发布的报告，美国CPI数据超预期放缓。受此影响，美国联邦基金利率期货显示，美 联储1月份降息的可能性从26.6%上升至28.8%。交易员押注明年美联储将降息62个基点。 美国白宫经济顾问凯文・哈塞特对CPI数据大加赞赏，称美国经济呈现出高增长和低通胀的态势。他还表示， 美联储降息空间很大，美联储需要提高透明度。 美股全线反攻！ 今晚，美股三大指数集体高开，纳指、标普500指数均大涨超1%，芯片股全线大涨，美光科技一度暴涨超 16%。消息面上，美光科技的财报与业绩指引均大超市场预期。 全线大涨 北京时间12月18日晚间，美股三大指数集体高开，纳指大涨1.43%，标普500指数涨超1%，道指涨0.67%。 美股科技股全线走强，美光科技暴涨超15%，甲骨文、台积电涨超2%，英伟达、谷歌、亚马逊、Meta、特斯 拉、博通均涨超1%。 美国劳工统计局最新发布的数据显示，美国11月CPI同比增长2.7%，低于市场预估的3.1%；美国11月核心CPI （剔除波动较大的食品和能源价格）同比增长2.6%，为2021年初以来的最低水平，亦低于市场预估的3%。 美国劳工统计局表示，由于联邦政府停摆，该机构未能 ...