Group 1 - The founder of Arini warns that even before the substantial impact of AI on the software industry is realized, market panic alone is sufficient to increase corporate financing costs, potentially leading to widespread defaults [1] - The software industry is currently experiencing a prolonged sell-off, with investors concerned that the rapid evolution of AI technology poses a fundamental threat to the business models of software companies, which are already burdened with high debt levels relative to their earnings [1] - Direct lending institutions are reducing their exposure, which may exacerbate the impact on the software sector, as companies in this industry typically operate with high leverage and rely heavily on private credit markets [2] Group 2 - The private credit market has expanded rapidly, reaching a size of $1.8 trillion, prompting regulatory scrutiny [3] - The founder of Arini emphasizes that while regulatory tightening does not necessarily reduce investment opportunities, the industry must acknowledge the balance between risk and return [3] - The concentration of private credit in the software sector is deemed excessive, with concerns raised about the wisdom of lending at such levels in a mediocre-performing loan industry [2]

U.S. stock futures are showing signs of stabilization on Tuesday morning, February 24th, 2026, as investors attempt to recover from a bruising session that saw major indexes tumble. Premarket activity indicates a modest rebound, with futures for the S&P 500 (SPY) rising 0.34% and Nasdaq 100 (QQQ) futures gaining 0.49%. The Dow Jones Industrial Average (DIA) futures are also up approximately 127 points, or 0.2%, as market participants engage in bargain hunting following Monday’s sharp sell-off.The previous s ...

Group 1 - The core point of the article is that ByteDance's AI code development tool Trae has changed its billing model from "per request" to "per Token" and introduced five subscription plans: Free, Lite, Pro, Pro+, and Ultra [1][3] Group 2 - The new billing method is based on Token consumption, where each interaction or task incurs a Token cost. The formula for calculating the actual cost in dollars is: Actual Cost ($) = Number of Tokens × Model List Price [2][5]

Core Viewpoint - International Business Machines (IBM) is experiencing significant stock pressure, with February potentially being its worst month in over 50 years, primarily due to competition from AI advancements by Anthropic [1][2]. Group 1: Stock Performance - IBM's stock dropped 13.15% following Anthropic's announcement, marking the company's worst trading day in the 21st century with a closing price of $224.50 [1][2]. - The stock's decline is attributed to concerns over the company's reliance on COBOL, a programming language that is becoming increasingly obsolete due to a shortage of developers [3][4]. Group 2: COBOL and Developer Bottleneck - COBOL is critical for IBM's operations, facilitating large-scale transactions across various sectors, yet the number of developers proficient in it is diminishing as new programmers favor languages like Python and Java [4][5]. - Reports indicate that hundreds of billions of lines of COBOL code are in use daily, but the institutional knowledge is fading as the original developers retire [5][7]. Group 3: AI's Role in Modernization - Anthropic claims its AI technology can modernize COBOL infrastructure, potentially allowing teams to update their codebases in quarters instead of years, which poses a threat to IBM's traditional business model [8][9]. - Despite the potential benefits of AI in modernization, IBM's long-term business outlook remains under pressure due to these technological advancements [8].

Foreign trade partners of the U.S. are losing their patience with the White House. Countries that thought they had low-level tariff deals of 10% or so are now potentially looking at 15%. And countries that fought the White House and got higher tariffs may now see only a 10% tax level. “The perversity of what happened at the weekend was that those who got good deals, the allies, have been most disadvantaged,” Andy Haldane, the former central bank economist and current president of the British Chambers of Com ...

每年一到预算季，咱们这些在IT圈里摸爬滚打多年的老兵就开始头疼——项目管理工具到底选哪个？市面上的产品一年比一年多，功能一年比一年花哨，但 选错了就是真金白银打水漂，还连带团队效率遭殃。今年我花了整整两个月，把市面上叫得上号的产品都拆了一遍代码、跑了一遍测试、挖了一遍用户口 碑，现在就把这压箱底的选型指南掏出来。 先声明，这篇盘点不带任何商业推广，纯粹是基于我这些年踩过的坑、花过的冤枉钱总结出来的经验。每个产品的优缺点我都会用大白话说明白，适合谁、 不适合谁也绝不藏着掖着。 1. 易趋 EasyTrack：企业级项目管理的"定海神针" 排第一的这个决定，说实话我纠结了挺久。但最后还是得承认，在咱们国内这种复杂的组织环境下，易趋确实是最能扛事的那一个。它不像某些国外工具那 样水土不服，也不像轻量级工具那样遇到大项目就崩盘。最牛的是它的项目组合管理能力，能把集团战略层层拆解到具体项目，这点在邮储银行、深交所这 些大体量客户的实施效果里得到了验证。 核心优势： 信创全栈兼容：这个必须放第一条。现在从金融到军工，国产化是硬门槛。易趋从芯片到操作系统、数据库全适配，连中间件都能给你配齐了，审计 的时候少走多少弯路，谁用 ...

In this piece, we discuss the 12 Best Beaten Down Technology Stocks to Buy According to Wall Street Analysts.The topic is relevant in today’s macro backdrop, where investors are grappling with several challenges in 2026, including persistent inflation, volatile monetary policy, and the impact of ongoing advances in artificial intelligence (AI).JPMorgan’s 2026 outlook report (December 9, 2025) had highlighted that investors are facing multiple risks. The firm projected a 35% probability of a U.S. and global ...

World shares were mixed Tuesday after U.S. stocks slumped on heavy selling of shares in companies that could be losers in the artificial-intelligence boom.A report by Citrini Research, a New York-based financial services company, that outlined a future scenario in which AI's dominance caused the “human-centric consumer economy,” to wither away with dire consequences for employment, was the latest hit to confidence for companies that might be displaced by fast expanding use of the technology.“Policy response ...

你有没有这样的瞬间—— 右手拎着热咖啡，左手疯狂找接听键，结果咖啡洒了，电话也挂了； 侧躺刷视频正上头，想发个评论，结果手没找到按键，手机差点砸脸上； 一手拎行李，一手刷短剧，点赞键总在大拇指够不到的地方…… 别慌！鸿蒙6独有的"智感握姿"黑科技来了，目前已有100+应用全面接入，覆盖来电接听、点赞收藏、 评论互动、快捷购物、新建日程等多种场景，专治各种单手操作尴尬！ 什么是智感握姿？让手机开始"找手？" 是鸿蒙独有的智能交互功能，核心是自动识别左右手，握姿即指令，手机真正"预判"你的需求。 该功能源自鸿蒙智能感知引擎黑科技：100ms超低时延，响应比眨眼快2倍；98%识别准确率，精准捕捉 单手、双手、横屏等复杂握持状态，让接电话、点赞、评论、下单等常用按键自动挪到手指舒适区，单 手操作一键搞定。 从交互的"被动等待"到"主动服务"，鸿蒙让科技回归人性化本质，真正做到感知无感，体验有感！ 灵魂拷问：智感握姿到底有多香？ •赶路接电话不狼狈：不管你是单手拎着热咖啡赶路的打工人，还是一手拿外卖/快递的骑手，或是拖着 行李匆匆进站的旅客——以前来电只能慌忙换手。而现在，不管是系统电话，还是鸿蒙版微信、畅连、 钉钉、 ...

While Friday’s announcement striking down the use of tariffs under IEEPA created a short-term relief rally for stocks, the backlash from the EU and UK "might have had some impact", Wilson says.There are three main issues for investors are considering right now, says market analyst Neil Wilson at Saxo: one is the impact of AI on the software and tech spaces, which is "spreading contagion risk" across equity and credit markets; two is macro uncertainty from the "tariff mess and possible risks of an escalatory ...