Economic Overview - Confidence in economic strength eroded sharply following the worst Existing Home Sales report in four years, leading to a significant drop in bond yields and a market selloff [1][9] - Existing Home Sales fell from a 12-month high of 4.27 million seasonally adjusted annualized units to 3.91 million in January, marking an 8.4% decline, the largest one-month drop since February 2022 [3][9] Market Reactions - The Dow dropped 669 points (-1.34%), the S&P 500 fell 108 points (-1.57%), the Nasdaq decreased by 469 points (-2.03%), and the small-cap Russell 2000 declined by 53 points (-2.01%) [1] - AI disruptions impacted commercial real estate companies like CBRE and Jones Lang LaSalle, which saw declines of 8.8% and 7.5%, respectively [2] Earnings Reports - Expedia (EXPE) reported earnings of $3.78 per share, exceeding expectations of $3.46, with revenues of $3.55 billion reflecting an 11% year-over-year growth, but shares fell 3% in after-market trading [4] - Roku (ROKU) significantly outperformed estimates with earnings of 53 cents per share and revenues of $1.39 billion, leading to a 19% increase in shares [5] - Airbnb (ABNB) missed earnings expectations at $0.56 per share due to a one-time tax expense, but revenues of $2.78 billion surpassed the $2.72 billion forecast [6] - Coinbase (COIN) reported a loss of $2.49 per share, missing the expected profit of $0.61, with revenues of $1.78 billion falling short of the $1.82 billion consensus [7] - Applied Materials (AMAT) had a strong fiscal Q3 with earnings of $2.38 per share and revenues of $7.01 billion, exceeding expectations, and shares rose 13% in after-hours trading [8] - Rivian (RIVN) beat expectations with a loss of $0.54 per share and revenues of $1.29 billion, leading to a 16% increase in shares [10]

Market-Moving Headlines - AlgoRhythm Holdings Inc. announced that its AI platform could significantly increase freight volume without additional headcount, leading to a sell-off in the logistics sector, with the Russell 3000 Trucking Index dropping by 6.6% [2][9] - Concerns about AI's disruptive potential have been heightened, with UBS warning that credit markets are underpricing the risks associated with AI-driven disruption, particularly affecting leveraged loans [3] Rivian's Positive Outlook - Rivian Automotive Inc. reported a fourth-quarter adjusted loss of 54 cents per share, which was better than analyst expectations, and surpassed revenue forecasts [4] - The company provided a strong delivery guidance for 2026, estimating 62,000 to 67,000 vehicles, and confirmed that its R2 SUV is on track for a second-quarter launch [4] Tech and Finance Giants Make Moves - NVIDIA Corp. plans to lease a new 200-megawatt data center in Nevada, partially financed by a $3.8 billion junk-bond sale led by Tract Capital, with JPMorgan Chase & Co. and Morgan Stanley managing the transaction [5] - Citigroup Inc. announced a 22% pay increase for CEO Jane Fraser, raising her 2025 compensation to $42 million, following a 66% surge in the bank's stock price [6][9] Political and Economic Headwinds - A partial shutdown of the Department of Homeland Security is looming as Senate Democrats blocked a funding bill over immigration agent restrictions, with a deadline approaching [10] Financial Troubles in Retail - Saks Fifth Avenue is negotiating with lenders and suppliers to address financial concerns related to inventory on consignment and to prevent objections to its bankruptcy loan [11]

Market Overview - US stock futures showed mixed signals following a broad market sell-off, with S&P 500 and Dow Jones Industrial Average futures near flatline, while Nasdaq 100 futures also remained little changed after significant selling pressure on tech stocks [1] - The market is reacting to a cooler-than-expected inflation reading, which is influencing expectations regarding Federal Reserve interest rate policies [1][2] Inflation Data - The Consumer Price Index (CPI) indicated a 0.2% increase in consumer prices for January compared to the previous month, and a 2.4% increase year-on-year, which was lower than economists' expectations [2][5] - The core CPI, excluding food and energy, rose by 0.3% month-on-month and 2.5% year-on-year, aligning with expectations [6] Federal Reserve Outlook - The inflation readings have shifted traders' outlook for potential rate cuts, now pricing in a 51% chance of at least one 25 basis-point cut by the June meeting, while the March meeting is expected to maintain current rates with less than 10% likelihood of a cut [7] Company Earnings and Stock Movements - Rivian's stock surged nearly 20% following a fourth-quarter earnings beat, with the company on track to deliver its R2 midsize model before summer [5][15] - Applied Materials saw its stock climb over 10% after beating Wall Street expectations, contributing to a year-to-date increase of 27% [4][16] - Pinterest shares fell about 20% due to a revenue forecast that fell short of analysts' estimates, raising concerns about AI risks to its platform [4][17] - DraftKings stock dropped 17% after missing analyst expectations for guidance, while Roku's stock rose 15% after beating fourth-quarter earnings estimates [8][9] AI Impact on Market Sentiment - Concerns about AI disruption have affected various sectors, including real estate and logistics, leading to a sell-off in tech stocks, particularly the "Magnificent Seven" megacaps [3] - Conversely, fears surrounding AI have benefited Asian stocks, particularly chipmakers, as global funds shift preference towards hardware producers with strong pricing power [11][12][13]

Economic Indicators - Inflation cooled more than expected in January, with the Consumer Price Index showing a 0.2% increase from the previous month and a 2.4% increase on an annual basis [2] - The report is likely to influence Federal Reserve policy, with traders reviving bets on a quarter-point rate cut in June, and a majority expecting two cuts by the end of 2026 [3] Market Performance - US stocks experienced wavering performance, with the Dow Jones Industrial Average and Nasdaq Composite drifting below the flatline, while the S&P 500 fluctuated between small gains and losses [1] - The sell-off in tech stocks has led to weekly losses of over 1% for the Dow, S&P 500, and Nasdaq [4] Company Earnings - Applied Materials (AMAT) saw its stock surge over 10% due to an upbeat outlook driven by robust AI demand [5] - Rivian (RIVN) shares jumped more than 20% following a fourth-quarter earnings beat, with the company on track to deliver its R2 midsize model before summer [6] - Moderna (MRNA) shares surged 10% after exceeding quarterly revenue estimates, attributed to strong sales of its Covid vaccine [6] - Pinterest (PINS) shares tumbled about 20% as revenue fell short, raising concerns about AI risks to its discovery platform [5]

Market Overview - US stocks experienced volatility, with the Dow Jones Industrial Average and Nasdaq Composite drifting below the flatline, while the S&P 500 fluctuated between small gains and losses, indicating a potential for weekly losses as Wall Street reacted to inflation data [1] Inflation Data - The Consumer Price Index reported a 0.2% increase in consumer prices for January compared to the previous month, and a 2.4% increase on an annual basis, suggesting a cooling of inflation more than expected [2] Federal Reserve Policy Expectations - The inflation report is expected to influence Federal Reserve policy, with traders increasing bets on a potential quarter-point interest rate cut in June, while most anticipate two cuts by the end of 2026, although a growing percentage of traders are now betting on additional reductions [3] Sector Performance - Caution prevails in the market following significant selling pressure, particularly in sectors like real estate, logistics, and transportation, which were previously considered safe alternatives to tech stocks. The "Magnificent Seven" tech stocks all finished lower [4] Earnings Reports - Applied Materials saw a stock surge of over 13% due to a positive outlook driven by strong AI demand, while Pinterest shares fell approximately 25% as revenue fell short and concerns about AI risks emerged [5] - Rivian's shares increased by more than 25% following a fourth-quarter earnings beat, with the company on track to deliver its R2 midsize model before summer. Moderna's shares rose about 6% after its earnings report, recovering from a previous 10% drop due to an FDA rejection of a new flu vaccine [6]

US stocks wavered on Friday but were on track for weekly losses as Wall Street digested a cooler-than-expected inflation reading for a steer on the path of interest rates. The Dow Jones Industrial Average (^DJI) and the tech-heavy Nasdaq Composite (^IXIC) drifted below the flatline. Meanwhile, the S&P 500 (^GSPC) flipped between small gains and losses, coming off a day of intense selling pressure on tech stocks. Inflation cooled more than expected in January, data released Friday by the Bureau of Labor ...

Core Insights - Rivian's total revenue for 2025 reached $5.38 billion, marking an 8% increase from $4.97 billion in 2024, despite a 15% decline in automotive revenue to $3.8 billion due to lower vehicle deliveries and a drop in regulatory credit sales [2][3] Revenue Breakdown - Automotive revenue fell to $3.8 billion, influenced by a $134 million decrease in regulatory credit sales and reduced vehicle deliveries, although higher average selling prices provided some offset [2] - Software and services revenue surged over threefold to $1.55 billion, primarily driven by a joint venture with Volkswagen Group [3] Joint Venture with Volkswagen - The joint venture with Volkswagen, established in 2024 and valued at up to $5.8 billion, resulted in a $1 billion payout in 2025 after Rivian met certain milestones [4] - Rivian is expected to receive an additional $2 billion from Volkswagen through 2027, contingent on the successful completion of winter testing and other terms [5] Future Product Launches - Rivian plans to launch the R2 SUV by June 2026, which is designed to be cheaper to produce and more affordable for customers, addressing the company's historical losses on vehicle production [8] - The R2 SUV is anticipated to further reduce costs, with Rivian aiming to deliver between 62,000 and 67,000 vehicles in 2026, representing a potential 59% increase from 2025 [11] Financial Performance and Projections - Rivian reported a net loss of $3.6 billion in 2025, with expectations of an adjusted net loss between $1.8 billion and $2.1 billion for 2026 [12] - Capital expenditures for 2026 are projected to be between $1.95 billion and $2.05 billion [12]

Core Viewpoint - The recent downturn in big tech stocks is attributed to investor anxiety over AI exposure rather than an impending recession, indicating that previous investment logic may no longer apply [1]. Group 1: Market Analysis - The sell-off in the software sector is unprecedented in speed and severity, with major companies like Salesforce and ServiceNow being perceived as having structurally broken business models due to AI [2]. - Notable winners from the previous year, such as Nvidia, are experiencing significant volatility, while blue-chip stocks like Microsoft and AMD have suffered after earnings reports revealed substantial AI exposure [3]. Group 2: Investment Recommendations - Albemarle Corp (NYSE: ALB) is identified as a strong investment opportunity, particularly due to its position as the world's fourth-largest lithium producer, which is critical for various industries including EVs [5][6]. - Albemarle's stock has increased by 124% over the last 12 months, reaching a price of $171.54, with most risk factors already priced in, making it a bullish prospect [8]. - Amazon (NASDAQ: AMZN) is recommended as a second investment, with a recent 15% decline in shares to $204.62 presenting a buying opportunity due to its diversified business model and fundamental strength [11][14].

gogolo. ANNIVERSARY Q4 & Full Year 2025 Investor Presentation FEB 12, 2026 Henry Chiang Chief Executive Officer Gogoro® Q4 & Full Year 2025 Investor Presentation Bruce Aitken Chief Financial Officer 2 DISCLAIMER Forward-Looking Statements This onesentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 27E of the Securities Ecclari Forward-looking statements generally relate to future events or Gogor's tuture imancial or coerating ...

大家好我是大鱼 中国车市 1月惨跌13.9% 零售仅 154万辆 整个NEV 市场一片哀鸿 BYD等对手 销售暴挫30% 但Tesla上海厂 却逆势爆发 出口高达 50644辆 创下史上 第二高纪录！ 国内零售虽下滑 总批发仍 年增9.3% 靠的就是这波 强劲出口 支撑全球供应链 我们就来拆解 Tesla在中国 这场硬仗的 真正赢家逻辑 大家不要错过 今天的精彩内容 OK let's go 第一部分 Tesla中国出口爆表 中国车市1月份 零售销售 直坠13.9% 只剩154万辆 大家都在喊冷 但Tesla上海厂 却出口了 50644辆车 创下Giga Shanghai 生产以来的 第二高纪录 来听听 这背后的故事 先来看数据 来自中国乘用车 协会CPCA的 最新报告 Tesla中国1月 批发销售总共 69129辆 包括国内 零售和出口 比去年同期 涨了9.3% 听起来很 不错是吧？ 但细看 国内零售 只有18485辆 环比上个月 掉得厉害 毕竟整个中国 NEV市场批发 才900000辆 同比只微增1% 环比更 惨跌 了42% 这波寒流 来得很凶 有购税调整的原因 也有季节因素 加上竞争对手 像BYD销售 下 ...