https://news.nweon.com/137751 值得一提的是，扎克伯格在本次电话财报中并未提及或使用"元宇宙"一词。 扎克伯格指出，Reality Labs多年持续的巨额亏损正在接近拐点。随着公司推进开源节流，并且重点发力AI可穿戴设备，预计这 个事业群将逐步减少亏损规模。 根据先前报道，Meta已在Reality Labs裁员超过1000人，关闭三家VR工作室，并宣布关闭VR办公Horizon Workrooms，同时停止 销售面向企业的Quest头显及相关托管服务。 在未来几年让VR生态实现盈利 （映维网Nweon 2026年01月29日）Meta Platforms于美东时间1月28日美股盘后公布了2025年四季报。在随后的电话会议中，首 席执行官马克·扎克伯格谈及了公司的智能眼镜业务雄心，并表示在未来几年要让VR生态实现盈利。他说道："我们未来会把大 部分投资投向眼镜和可穿戴设备，同时推动Horizon在移动端取得巨大成功，并在未来几年让VR生态实现盈利。" 延伸阅读 ：Meta Reality Labs 2025年营收22.07亿美元，亏损192亿美元 扎克伯格指出，未来眼镜的规划会更进 ...

Core Viewpoint - A wave of delisting risk warnings was issued for 10 companies in the A-share market, including Deep Konka A and Jiyou Co., indicating potential delisting risks due to negative financial indicators expected in their 2025 annual reports [1] Group 1: Companies with Negative Net Assets - Six companies, including Deep Konka A and Bangjie Co., are expected to have negative net assets by the end of 2025, which will likely lead to a delisting risk warning [2] - Deep Konka A (stock code: 000016) anticipates a net profit loss of between 12.581 billion yuan and 15.573 billion yuan for 2025, with expected net assets ranging from -5.334 billion yuan to -8.001 billion yuan [2] - Bangjie Co. (stock code: 002634) expects a net profit loss of 900 million yuan to 1.2 billion yuan and net assets of -900 million yuan to -600 million yuan by the end of 2025 [3] Group 2: Companies with Negative Profits and Revenue - Four companies, including Jiyou Co. and ST Lingnan, are projected to have negative profits and revenues below the required thresholds, triggering another type of delisting risk warning [4] - Jiyou Co. (stock code: 603429) forecasts a total profit loss of approximately 23 million yuan and revenue of around 170 million yuan, significantly below the 300 million yuan threshold [5] - ST Lingnan (stock code: 002717) is expected to have a total profit loss between 1.19 billion yuan and 1.78 billion yuan, with net assets projected to be between -1.4 billion yuan and -940 million yuan [6]

Core Viewpoint - A wave of delisting risk warnings was issued for 10 companies in the A-share market, including Deep Konka A and Jiyou Co., indicating potential delisting risks due to negative financial indicators expected in their 2025 annual reports [1] Group 1: Companies with Expected Negative Net Assets - Six companies, including Deep Konka A, are expected to have negative net assets by the end of 2025, which will likely lead to a delisting risk warning [2] - Deep Konka A (stock code: 000016) anticipates a net profit loss of between 12.581 billion and 15.573 billion yuan for 2025, with expected net assets ranging from -5.334 billion to -8.001 billion yuan [2] - The reasons for Deep Konka A's significant losses include large impairment provisions for various assets and declining revenue in its core consumer electronics business due to insufficient product competitiveness [2] Group 2: Companies with Expected Profit and Revenue Shortfalls - Four companies, including Jiyou Co. and ST Lingnan, are expected to have negative profits and revenues below the required thresholds, triggering delisting risk warnings [4] - Jiyou Co. (stock code: 603429) expects a total profit loss of around 23 million yuan and revenue of approximately 170 million yuan, significantly below the 300 million yuan threshold [5] - ST Lingnan (stock code: 002717) anticipates a total profit loss between 1.19 billion and 1.78 billion yuan, with net assets expected to be between -1.4 billion and -940 million yuan, indicating severe financial distress [6]

记者丨 彭新 编辑丨包芳鸣 当地时间1月29日美股盘后，苹果发布2026财年第一季度（截至2025年12月27日）业绩报告。财报显示，苹果该季度实现总营收1437.56亿美 元，较上年同期的1243亿美元增长16%，净利润达420.97亿美元，同比增长15.9%。摊薄后每股收益为2.84美元，同比增长18.3%。 核心财务 指标不仅全面超越华尔街预期，更一举创下公司成立以来的单季历史新高。 在iPhone 17系列强劲需求的推动下，苹果手机业务营收达到852.69亿美元，同比大幅增长23%，营收占比回升至近六成。苹果CEO蒂姆·库克 在财报电话会上称，公司创下历史最佳季度业绩。他强调，受前所未有的市场需求推动，iPhone在全球主要市场均刷新了营收纪录，公司目前 的活跃设备安装基数已突破25亿台。 然而，随着iPhone销量超预期爆发，先进制程芯片的产能瓶颈显现，叠加存储芯片价格持续上涨，市场担心苹果在即将到来的第二财季面临供 应限制和成本上升双重考验。 库克坦言，由于需求远超内部预期，导致渠道库存处于极低水平，公司目前正处于追加供货的状态。 与此同时，苹果在人工智能（AI）领域的战略路径也逐渐清晰，与谷歌G ...

Investment Rating - The investment rating for the company is "Buy" with a target price of $288.00, maintaining a valuation of 34.8x FY26E PE [1][5]. Core Insights - The company reported a revenue of $143.8 billion for Q1 FY26, representing a year-on-year increase of 15.7%, exceeding Bloomberg consensus expectations by 4%. This growth was primarily driven by strong sales of the iPhone 17 series, which saw a revenue increase of 23% year-on-year [1][2]. - The overall gross margin for the quarter was 48.2%, with guidance for the next quarter indicating a maintained gross margin of 48%-49%, which is better than market expectations amid rising storage prices [1][2]. - The company has established a partnership with Google to develop next-generation AI models, which is expected to enhance service monetization and maintain high-margin revenue streams in the AI era [1][4]. Performance Review and Guidance - iPhone sales were robust, with actual shipments reaching 81.3 million units in CY4Q25, a year-on-year increase of 4.9%, and revenue from iPhone sales reached $85.3 billion, marking a 23% increase year-on-year [2]. - The average selling price (ASP) of iPhones increased by 17.6% due to strong sales in regions like China, the US, and the Middle East [2]. - For Q2 guidance, the company expects iPhone demand to remain strong, supporting a revenue growth of 13%-16% year-on-year [2]. Storage and Supply Chain Impact - The impact of storage price increases on gross margin is expected to be more pronounced in Q2, although the company has indicated that it has inventory buffers to mitigate immediate effects [3]. - The company is currently facing supply constraints in System on Chip (SoC) production due to strong iPhone demand, with the main bottleneck being TSMC's 3nm advanced process capacity [3]. AI Collaboration and Service Innovation - Service revenue reached $30.02 billion, a year-on-year increase of 14%, with all segments including advertising, cloud services, and payment services hitting record highs [4]. - The collaboration with Google on AI models is expected to enhance the capabilities of Apple's services, including personalized Siri services, while maintaining user privacy standards [4]. Profit Forecast - The company maintains its net profit forecasts for FY2026, FY2027, and FY2028 at $121.7 billion, $129.8 billion, and $140.6 billion respectively, with year-on-year growth rates of 8.6%, 6.7%, and 8.4% [5].

Group 1 - The core viewpoint of the articles highlights the evolving dynamics of US-China trade relations, particularly the ineffectiveness of traditional tariff strategies as China adapts its supply chains and engages in multilateral cooperation [1][3][4] - The US trade deficit with China reached a record high of $89 billion in Q1 2026, increasing by 7.8%, indicating that tariffs are failing to curb imports [3] - China's strategic response to US tariffs includes the launch of the "Global Supply Chain Security Initiative" in collaboration with 132 countries, showcasing a shift towards multilateralism [1][4] Group 2 - The US agricultural sector is facing significant losses, with Texas farmers reporting a loss of $42 per ton due to the impact of Chinese purchases of Brazilian soybeans [3] - The withdrawal of the US from the World Health Organization coincided with China's announcement of a $50 million contribution to the organization, highlighting a contrasting approach to global health issues [3] - The expansion of the Panama Colón Port by Chinese companies is creating 12,000 jobs locally, countering US narratives about Chinese investment being a "debt trap" [3][4]

一边是银行、保险、白酒、房地产这些"大家伙"在拼命护盘拉升；另一边，半导体、消费电子这些前阵子的明星板块却崩了，科创50指数更是暴跌超过 3%。 这感觉就像一场激烈的拔河比赛，两边的巨人在角力，大盘被拉扯得来回震荡。 更巧的是，盘后国务院办公厅立马送来了促进服务消费的利好政策， 直接给今天异动的白酒、消费板块送上了"助攻"。 那么问题来了，在这种极度分裂、消息交织的关头，明天周五的A股，到底会往哪边走去？ 是权重股继 续带队冲锋，还是中小盘题材股迎来反弹？ 今天是2026年1月29日，星期四。 A股市场的表现让很多投资者直呼"看不懂"。 上证指数全天就像被一根线牵着，早盘反复震荡，下午一度尝试上冲4170 点，但尾盘又回落了，最终收在4157.98点，微涨0.16%。 最关键的是这个量能，沪深两市合计成交金额达到了3.2万亿元，这是一个非常高的交易量水平。 但如此巨大的资金博弈之下，指数仅仅涨了6个点，这种"放量滞涨"的迹象，让不少技术派投资者心里打起了鼓。 所有信息仅供参考，不构成对任何人投资建议，据此入市，风险自负，股市有风险，入市需谨慎！ 今天A股的走势，用一个词形容就是"撕裂"。 大盘指数费了半天劲， ...

Core Viewpoint - Konka Group Co., Ltd. (referred to as "Deep Konka A") is expected to report significant losses for the fiscal year 2025, with net losses projected between 12.581 billion to 15.573 billion yuan, compared to a loss of 3.296 billion yuan in the previous year [1][2][3]. Financial Performance Summary - The projected net profit attributable to shareholders is expected to be a loss of 12.581 billion to 15.573 billion yuan, compared to a loss of 3.296 billion yuan in the same period last year [1][2]. - The estimated net assets at the end of the fiscal year are projected to be between -5.334 billion to -8.001 billion yuan, down from 2.369 billion yuan at the end of the previous year [1][2]. - Estimated operating revenue is expected to be between 9 billion to 10.5 billion yuan, down from 11.147 billion yuan in the previous year [1][2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 9.953 billion to 10.263 billion yuan, compared to a loss of 3.206 billion yuan in the previous year [1][2]. Reasons for Performance Decline - The company cites increased impairment provisions for inventory, accounts receivable, equity investments, financial assistance, and ineffective assets as a major reason for the projected losses [3]. - The consumer electronics business has faced declining revenue due to insufficient product competitiveness, leading to continued losses despite a reduction in overall expenses [3]. Corporate Governance Changes - In April 2025, China Resources and Overseas Chinese Town signed a share transfer agreement, resulting in China Resources becoming the new controlling shareholder with a 30% stake in Konka [6]. - Following the change in control, several executives with backgrounds in China Resources have joined the management team of Konka [7]. - The company has seen significant changes in its board of directors, with a majority of non-independent directors now affiliated with China Resources [7]. Regulatory Issues - The company has faced scrutiny from regulatory bodies, including warnings issued to former executives for inaccurate financial disclosures related to a 2018 transaction [9]. - Two former executives are currently under investigation for serious violations of discipline and law [7][8]. Market Performance - As of January 30, the stock price of Deep Konka A closed at 4.98 yuan per share, reflecting a decline of 0.60%, with a total market capitalization of 11.992 billion yuan [10].

当地时间本周五，国际黄金、白银价格大幅下跌。截至收盘，纽约商品交易所黄金期货主力合约价格跌 破每盎司4800美元关口；纽约商品交易所白银期货主力合约跌破每盎司80美元关口，较前一个交易日下 跌31.37%。 30日美国三大股指集体下跌 本周美股涨跌不一 当地时间本周五，美国总统特朗普提名凯文・沃什出任美联储下一任主席，市场分析认为沃什立场偏鹰 派，可能不会支持大幅降息，他在美联储任职期间曾多次表达对通胀上行的担忧。消息公布后，市场维 持美联储今年只降息两次的预期。另外，最新公布的美国去年12月生产者价格指数（PPI）超预期增 长，显示生产端通胀压力顽固，以上多个因素打压市场风险偏好，截至收盘，美国股市延续前一日跌势 集体下跌，其中道指跌0.36%，标普500指数跌0.43%，纳指跌0.94%。 个股方面，受益于iPhone销量的大幅增长，苹果公司公布的2026财年第一财季营收超预期增长，苹果公 司股价周五收涨0.46%。从周线上看，本周美国三大股指涨跌不一，其中道指累计下跌0.42%，标普500 指数累计上涨0.34%，纳指下跌0.17%。 通胀压力上行 美国去年12月PPI超预期增长 经济数据面上，本周五， ...

每每聊到苹果，我们总会在潜意识里把它描绘成一家纯粹的产品公司。 而现实世界里，如今的苹果远远不止一家产品公司，同时也是一个眼光独到的投资公司——不是投资金融产品，而是投资未来技术。 ▲ 图｜TheVerge 就在昨夜，苹果曝出斥巨资收购了一家来自以色列的人机交互技术公司「Q.ai」，后者的主要研发方向为读取面部动作和理解无声交流的相关技术。 尽管目前双方没有公布收购的具体细节，但 Q.ai 此前已经收到了包括凯鹏华盈（Kleiner Perkins）、谷歌风投（GV）、星火资本（Spark Captial）、 EXOR 集团等风投巨鳄的支持，外界预估本次收购的金额在16-20 亿美元左右。 如果估值无误，这将是苹果历史上第二大的收购案例，仅次于 2014 年 30 亿美元收购 Beats，同时也可能是苹果最大的 AI 领域单笔投资。 但是这家 Q.ai 公司究竟何许人也？一个官网上没有任何技术细节的科研公司，苹果为什么愿意花这么多钱去收购它呢？ 新面孔，但是老朋友 尽管 Q.ai 的名字里带个 AI，却不是我们常规意义上的「AI 公司」，像 OpenAI 或者 xAI 那样提供模型服务。 Q.ai 的主要技术 ...