Core Insights - ServiceNow, Inc. has completed the acquisition of Moveworks, enhancing its AI capabilities and positioning itself as a leading quality stock before 2026 [1][2] Group 1: Acquisition Details - Moveworks specializes in enterprise search and conversational AI, which will integrate with ServiceNow's backend strengths in agentic AI and intelligent workflows [2] - The acquisition results in a unified platform that acts as an "AI-native front door" for employees, improving user interactions through natural language [2] Group 2: Strategic Alignment - The acquisition aligns with ServiceNow's goal to embed AI throughout business operations, with the company already resolving 90% of IT tickets and 89% of support requests autonomously using AI [3] - Moveworks introduces a "Reasoning Engine" for enhanced query handling and integrates with over 100 tools, trusted by major companies like Siemens, Toyota, and Unilever [3] Group 3: Market Response - Following the acquisition, Stifel lowered its price target for ServiceNow from $1,150 to $230 while maintaining a Buy rating, indicating that long-term prospects remain unchanged despite the adjustment reflecting the stock split [4]

Core Insights - Salesforce, Inc. (NYSE:CRM) is recognized as one of the best quality stocks to buy before 2026, particularly following its announcement of a partnership with Novartis to enhance customer engagement in the healthcare sector [1] Group 1: Partnership and Investment - Novartis has previously invested in Salesforce through various platforms including Agentforce Health and MuleSoft for Life Sciences, and now aims to unify engagement across multiple teams over the next five years [2] - The partnership will involve the global deployment of Agentforce 360 for Life Sciences, indicating a significant commitment to integrating Salesforce's technology within Novartis [2] Group 2: Market Sentiment and Analyst Ratings - Wall Street analysts are optimistic about Salesforce, with BTIG's Allan Verkhovski initiating coverage with a Buy rating and a price target of $335, while Mizuho Securities' Gregg Moskowitz reiterated a Buy rating with a $340 price target [3] - Analyst Verkhovski appreciates the re-architecture of Salesforce's core platform and notes management's confidence in accelerating net new annual order value, projecting a return to double-digit subscription revenue growth by fiscal Q4 2027 [4]

Core Insights - Salesforce, Inc. (NYSE:CRM) is recognized as one of the best quality stocks to buy before 2026, particularly following its announcement of a partnership with Novartis to enhance customer engagement in the healthcare sector [1] Group 1: Partnership and Investment - Novartis has previously invested in Salesforce through various platforms including Agentforce Health and MuleSoft for Life Sciences, and now aims to unify engagement across multiple teams over the next five years [2] - The partnership will involve the global deployment of Agentforce 360 for Life Sciences, indicating a significant commitment to integrating Salesforce's technology within Novartis [2] Group 2: Market Sentiment and Analyst Ratings - Wall Street analysts are optimistic about Salesforce, with BTIG's Allan Verkhovski initiating coverage with a Buy rating and a price target of $335, while Mizuho Securities' Gregg Moskowitz reiterated a Buy rating with a $340 price target [3] - Analyst Verkhovski appreciates Salesforce's re-architecture of its core platform and anticipates that the company's net new annual order value will accelerate, leading to a return to double-digit subscription revenue growth by fiscal Q4 2027 [4]

Core Insights - Louis Gerstner, who transformed IBM from a struggling company into a technology leader, passed away at the age of 83, as announced by current CEO Arvind Krishna [1][15] - Gerstner's leadership is often cited as a case study in corporate transformation, particularly for his strategic pivot from hardware to services [1][15] Company Transformation - Gerstner became IBM's first outsider CEO on April 1, 1993, during a time when the company faced potential bankruptcy or dismemberment [2][15] - He shifted IBM's focus from hardware production to business services, reversing plans to break the company into smaller units [2][15] - Cost-cutting measures included selling unproductive assets and reducing the workforce by 35,000 employees from a total of 300,000 [3][15] Cultural Changes - Gerstner emphasized teamwork across the company, moving away from loyalty to individual divisions and linking compensation to corporate performance [4][15] - He introduced a culture of accountability, advocating for regular performance assessments rather than annual reviews [4][15] Strategic Focus - A significant change was the abandonment of IBM's bundled product strategy, which limited compatibility with non-IBM products [5][15] - Gerstner prioritized middleware solutions, allowing IBM to serve as an integrator for various systems, regardless of the hardware brand [6][15] Market Impact - Under Gerstner's leadership, IBM's services revenue surged from $7.4 billion in 1992 to $30 billion in 2001 [9][16] - The company's share price increased from $13 to $80 during his tenure, and its market value rose from $29 billion to approximately $168 billion [9][16] Legacy - Gerstner viewed the creation of a truly integrated IBM as his most significant legacy, highlighting the challenges and risks involved in this transformation [10][16]

（原标题：甲骨文股价或遭24年最大季度跌幅） 人民财讯12月28日电，据CNBC报道，考虑到第四季度仅剩数个交易日，如果甲骨文的股价在此期间没 有迎来重大反转，该公司则遭遇2001年互联网泡沫破裂以来的最大季度跌幅。截至当地时间26日，该公 司股价与本季度初相比下跌接近30%。报道认为，甲骨文在人工智能方面的快速扩展带来的财务压力， 在投资者中间引发担忧。12月发布的2026财年第二季度财报显示，甲骨文当季营收和自由现金流均未达 到预期。此外，其2026财年的资本支出将达到500亿美元，比9月份的计划高出43%，是一年前总支出的 两倍。 来源：证券时报e公司 ...

（央视财经《天下财经》）据CNBC报道，甲骨文公司的股价可能会出现自2001年互联网泡沫破裂以来 的最差季度表现。截至当地时间26日，该公司股价与本季度初相比下跌接近30%。报道称，投资者对甲 骨文的激进扩张感到担忧。 据CNBC26日的报道，考虑到第四季度仅剩数个交易日，如果甲骨文的股价在此期间没有迎来重大反 转，该公司则遭遇2001年互联网泡沫破裂以来的最大季度跌幅，当时其股价下跌近34%。报道认为，甲 骨文在人工智能方面的快速扩展带来的财务压力，在投资者中间引发担忧。 今年9月，OpenAI承诺向甲骨文支付超过3000亿美元。为了履行这个合同，甲骨文要斥巨资建设人工智 能基础设施。公司通过大规模发债筹集了180亿美元，并计划签订2480亿美元的租赁协议以扩大云服务 容量。 12月发布的2026财年第二季度财报显示，甲骨文当季营收和自由现金流均未达到预期。此外，其2026财 年的资本支出将达到500亿美元，比9月份的计划高出43%，是一年前总支出的两倍。 高增长的AI基础设施业务利润率远低于传统软件业务，预计将显著拉低甲骨文整体毛利率。公司2021 财年毛利率曾高达77%，但有分析师预计到2030年将降至 ...

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?Brown Forman Inc (NYSE:BF) decreased 9.64% this week. In the recent past, Citigroup analyst Filippo Falorni downgraded the stock from Neutral to Sell, lowering the price forecast from $30 to $27.Carvana Co. (NYSE:CVNA) fell 5.73% this week. However, Evercore ISI Group analyst Michael Montani maintains an In-Line rating, raising the price forecast from $420 to $425.Also Read: AST SpaceMobile, Nike, Nvidia And Mo ...

Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - Synopsys, Inc. provides design automation software products used for designing and testing integrated circuits. Its Design IP segment, which supplies pre-designed silicon components to semiconductor companies, has been the fastest-growing segment, increasing from 25% of revenue in 2022 to 31% in 2024 [4]. Allegations and Financial Performance - The lawsuit claims that Synopsys misled investors by stating that customers relied on its IP to minimize integration risk and that the company was experiencing strength in Europe and South Korea. However, it is alleged that customers required more customization for IP components, negatively impacting the economics of the Design IP business and jeopardizing the business model [5]. - On September 9, 2025, Synopsys reported Q3 2025 financial results, revealing that its Design IP segment generated revenue of $425.9 million, a 7.7% year-over-year decline, and net income of $242.5 million, a 43% year-over-year decline. The company indicated that customers needed more customization, which extended timelines and required additional resources [6]. Stock Market Reaction - Following the release of the disappointing financial results, Synopsys's stock price fell by $217.59 per share, nearly 36%, from $604.37 on September 9, 2025, to $387.78 on September 10, 2025 [6].

Group 1: AI and Tech Sector Outlook - The tech sector, particularly the AI trade, is expected to be a significant winner in 2025, but there are concerns about volatility in 2026 due to a mismatch between infrastructure buildout and enterprise AI adoption [1][2] - The semiconductor index has risen nearly 48% year-to-date, while the software index (IGV) has only increased by 7.8%, indicating a lag in software adoption compared to hardware [3] - Only about 30% of the global 2000 companies are ready to adopt Generative AI, with 70% still in the process of data cloud migration and cleansing, suggesting that significant enterprise AI adoption may not occur until 2027 or 2028 [5][6] Group 2: Capital Expenditure and Financial Health - Major tech companies are expected to continue significant capital expenditures (capex), with Microsoft and Google being the only firms capable of funding this due to their strong cash flow [7][8] - Concerns are rising regarding the financial stress and debt loads of some tech companies, particularly those with negative free cash flow, as they may struggle to fund infrastructure builds [8][9] - The potential need for several major tech companies to raise substantial capital simultaneously could drain equity liquidity, impacting existing investors [9] Group 3: Component Costs and Market Dynamics - Rising component costs, particularly for DRAM memory, are becoming a critical issue, with average selling prices (ASPs) for DRAM up 20% sequentially, which could affect margins and demand elasticity [11][12] - Companies in the PC supply chain and handset areas may face shortages of required memory due to high AI spending, leading to potential price increases [12][13] Group 4: Geopolitical Considerations - The geopolitical landscape, particularly the sanctions imposed by China on US defense companies, is viewed as a form of economic warfare that could escalate tensions between the two nations [14][16] - The shift in defense budgets towards AI technologies is significant, and the ongoing sanctions may have long-term implications for economic and defense strategies in 2026 and beyond [15][17]

Core Viewpoint - HarmonyOS, launched six years ago, has successfully established itself in the competitive operating system market, surpassing iOS in market share in China and achieving significant user growth [4][6]. Group 1: Event Highlights - The "Harmony Starry Night" gala, held on December 20, 2025, was a celebration for users, developers, and partners of the HarmonyOS ecosystem, featuring prominent hosts and performers [3]. - The event showcased the achievements of HarmonyOS, emphasizing its growth and community engagement [3][8]. Group 2: Market Position and Growth - HarmonyOS has exceeded 1 billion devices in its ecosystem, with over 32 million devices running the latest versions, HarmonyOS 5 and 6 [6]. - As of Q3 2025, HarmonyOS captured an 18% market share in China's smartphone operating system market, surpassing iOS's 14% [6]. - The user growth rate for HarmonyOS has accelerated, with the number of devices increasing from 10 million to 20 million in just over two months [6][17]. Group 3: Technological Innovation - HarmonyOS is designed with a microkernel and distributed architecture, aiming to meet the demands of the AIoT era [15]. - The system's modular design allows for flexibility and scalability, enabling a user-friendly experience that adapts to human needs rather than requiring users to adapt to the technology [15][22]. - Innovative features like "smart grip" and "tap to connect" enhance user interaction and experience across devices [15][19]. Group 4: Community and Ecosystem Development - The Harmony ecosystem has over 350,000 applications, covering various sectors, and has attracted significant participation from developers and enterprises [22]. - The Harmony Starry Plan aims to support campus developers and creative talents, with over 7.32 million individuals engaging in HarmonyOS development [25]. - The community's involvement reflects a shift towards a digital lifestyle that emphasizes openness, intelligence, and cultural confidence [25][26].