后市展望： 主题驱动或将转向基本面驱动，但科技成长仍是主线。自春季行情启动以来，市场领涨板块始终以事件驱动的主题性方向为主，如商业 航天、脑机接口等。这些板块尽管远期前景较好，但由于短期缺乏业绩和基本面支撑，因此稳定性较差，一旦出现震荡波动幅度将会比较剧烈。行情进入 震荡阶段后，交易量将有所下降，市场或将重新聚焦业绩和基本面驱动的板块。但春季行情的主要驱动因素仍然是市场风险偏好的上升，因此领涨方向仍 以科技成长为主，后续行情的热点将转向有基本面支撑的科技成长板块。 可关注半导体、电池、AI硬件、创新药等。 指数延续窄幅震荡，科创板跌幅较大。 周四指数延续窄幅震荡，尽管大盘勉强收红，但主要分类指数表现分化，跌多涨少，科创50指数下跌超3%领 跌市场。上涨家数仅1800余家，下跌家数超过3500家。成交量继续放大，周四全天成交3.26万亿元。沪指在1月13日结束连阳进入震荡期后，调整幅度总 体比较温和，本周指数总体延续了窄幅震荡格局，热门板块有序轮动。 热点板块： 1月科技和原材料涨价方向占优，高股息可做左侧关注。1月市场迎来春季行情的启动，历年春季躁动行情，科技成长方向大概率占优。 结合短期催化剂，诸如商业航天 ...

中信证券研报表示，目前人形机器人处于技术验证期，但商业化落地时间相比于新能源汽车将缩短；建 议重点关注机器人产业中价值最厚、格局最清、确定性最高环节，因为业绩弹性最大，同时我们认为龙 头在产业趋势投资阶段最为核心，因此我们建议积极寻找机器人细分环节中非标、技术、成本、扩产壁 垒高的龙头企业，因为这类企业能够穿越产业周期。整体上，我们认为机器人公司本身（软硬一体的平 台型企业）、高算力SOC芯片（大脑端侧驱动）、灵巧手（软硬件一体的小机器人）、执行器、精密传 感器（软硬件一体）等环节属于人形机器人产业高价值、高壁垒环节。 ...

Core Viewpoint - The "Drunken Memory Hang Fresh · Common Prosperity Welcomes the New Year" 2026 Hangzhou Spring Festival Goods Market aims to boost consumption and expand domestic demand while promoting local agricultural products and cultural heritage [1][9]. Group 1: Event Overview - The Spring Festival Goods Market is held at Wulin Square, showcasing local agricultural products, quality goods, and innovative technology [1]. - The event is organized by multiple departments, including the Municipal Supply and Marketing Cooperative and the Municipal Women's Federation, highlighting a collaborative effort to enhance local economic activity [1]. Group 2: Agricultural Products and Local Specialties - The market features a variety of traditional Hangzhou snacks and local agricultural products, such as fresh strawberries priced at 30 yuan per jin and organic eggs at 19.9 yuan per box [6][9]. - Special zones are dedicated to promoting agricultural products from rural areas, including the "Hang Fresh New Year · Supply and Marketing Quality Products" area, which focuses on seasonal fresh produce [2][3]. Group 3: Technological Integration - The market incorporates advanced technology, featuring interactive experiences such as 3D-printed coffee and AI pets, enhancing visitor engagement [4]. - A digital RMB consumption red envelope activity is introduced, with a total of 30,000 red envelopes worth 200,000 yuan available for attendees [4]. Group 4: Cultural Heritage and Community Engagement - The event emphasizes cultural heritage through the presence of non-material cultural heritage products, such as Hangzhou silk items and traditional tea experiences [8]. - Community services, including free haircuts and warm ginger tea, are provided to enhance the visitor experience and foster a welcoming atmosphere [8]. Group 5: Economic Impact and Brand Development - The market serves as a significant platform for connecting urban and rural economies, contributing to the revitalization of local agriculture and the promotion of the "Drunken Memory Hang Fresh" brand [9][10]. - The brand is transitioning from a collective brand to a municipal public brand, aiming to enhance the market presence of Hangzhou's quality agricultural products [9].

Core Viewpoint - Richtech Robotics Inc. faced a significant decline in share price, dropping over 20% in intraday trading on January 29, 2026, following allegations of misrepresentation regarding its collaboration with Microsoft and missing its 10-K extended filing deadline [1][4]. Group 1: Allegations and Investigations - Hunterbrook Media published a report accusing Richtech Robotics of mischaracterizing its collaboration with Microsoft and failing to meet its 10-K filing deadline, which had already been extended by fifteen days in December 2025 [2][3]. - Gibbs Mura is investigating a potential securities class action lawsuit against Richtech Robotics, focusing on whether the company violated federal securities laws by providing false or misleading statements to investors [1][2]. Group 2: Details of the Collaboration and Filing Issues - On January 27, 2026, Richtech Robotics announced a "hands-on collaboration" with Microsoft through Microsoft's AI Co-Innovation Labs, aimed at developing agentic AI in robotic systems. However, Hunterbrook Media claims that Microsoft denied any partnership, stating that Richtech Robotics is merely a customer involved in a standard customer engagement without commercial elements [3]. - Richtech Robotics filed an NT 10-K notification of late filing in December 2025, which extended its 10-K filing deadline to January 13, 2026. The company ultimately filed the 10-K seven days after this extended deadline, on January 20, 2026. This delay raises questions about whether Richtech Robotics received a deficiency notice from NASDAQ and failed to disclose it publicly as required [3].

Core Viewpoint - The company is undergoing a significant strategic shift away from being perceived solely as a car manufacturer, focusing instead on robotics, autonomy, and clean energy solutions, which is described as a "burn the ships" moment for the organization [1][4][16]. Group 1: Strategic Shift - The cessation of SNX production symbolizes a profound change in the company's direction, moving away from traditional vehicle manufacturing [2]. - The company plans to invest $20 billion this year to enhance production lines for robots, autonomous vehicles, and batteries, indicating a major strategic pivot [3]. - The focus is now on becoming a transportation services company rather than just a car manufacturer, as evidenced by the discontinuation of the Model S and Model X [16]. Group 2: Financial Implications - The company may experience negative free cash flow this year as it invests heavily in its new strategic initiatives [4]. - The anticipated earnings for 2028 are projected to be around $11 per share, contingent on successful sales of robots and autonomous vehicles [8]. - The company is vertically integrating its operations, including plans to mine and refine lithium and potentially manufacture its own semiconductors, to mitigate geopolitical risks [10][9]. Group 3: Market Dynamics - The proliferation of autonomy could lead to a decrease in overall vehicle sales, as vehicles become more efficient and can be utilized more frequently within a shared network [5][6]. - The company has reported 1.1 million paying Full Self-Driving (FSD) subscribers, indicating a strong push towards integrating FSD capabilities into its vehicle fleet [17]. - The introduction of robo taxis is expected to expand into more markets, with initial operations already underway in cities like Austin and the Bay Area [12][18]. Group 4: Future Outlook - The company aims to scale production of its humanoid robots, with a target capacity of 1 million units per year by 2026 [20]. - The transition from car production to humanoid robots is seen as a critical future direction for the company, with significant implications for its growth trajectory [21][24]. - The company's ambitious plans for a semiconductor fabrication facility could impact its free cash flow but may not significantly affect its stock valuation due to historical investor behavior [26][30].

商报讯 （记者 孟佳俊） 近日，杭州四足机器人企业具微科技正式宣布完成近亿元A轮融资。本轮融资 由正强股份（301119）领投，壹连科技（301631）、见素资本、鲁信创投（600783）跟投（排名不分先 后），所筹资金将主要用于产品研发生产、团队建设，以及应用场景拓展与生态构建。 本轮A轮融资的完成，标志着具微科技的发展重心已从早期的算法研发和原型机验证，正式转向针对严 苛商用场景的产品工程化打磨与量产筹备阶段。商业化成果已初步显现，数据显示，2025年具微科技已 完成1.1亿元订单，在手订单突破5亿元，业务广泛覆盖公安、应急、石油等近千个行业场景；其产品可 替代的危险作业场景规模约达2000万个，商业化潜力十分突出。 具微科技的快速崛起，正是杭州四足机器人产业蓬勃发展的一个生动缩影。近期，杭州四足机器人领域 捷报频传，1月22日，浙江大学杭州国际科创中心人形机器人创新研究院推动的产学研融合成果——新 一代工业级四足机器人"阿波罗"正式发布，该产品在感知层面搭载多模态融合系统，集成激光雷达、热 成像等多种传感器，可精准适配各类复杂作业环境。 截至目前，杭州已集聚200多家机器人相关企业，逐步构建起覆盖核心零 ...

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Richtech Robotics Inc. due to allegations of materially misleading business information issued to the investing public [1] Group 1: Investigation Details - The investigation is focused on Richtech Robotics Inc. (NASDAQ: RR) and the potential impact of the misleading information on shareholders [1] - Shareholders who purchased Richtech securities may be entitled to compensation without any out-of-pocket fees or costs through a contingency fee arrangement [1]

In this articleTSLAElon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersAt Tesla's factory in Fremont, California, the automaker plans to make robots instead of its older cars, as it gears up to spend $20 billion this year to fund what it views as a business transformation."Forget the Tesla you knew," wrote analysts at Canaccord Genuity, in a note following Tesla's fourth-quarter earnings re ...

LAS VEGAS, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announced today the closing of its previously announced private placement for the purchase and sale of 8,500,000 shares of the Company’s Class B common stock priced at the market under Nasdaq rules. Rodman & Renshaw LLC acted as the exclusive placement agent for the offering. The gross proceeds from the offering were approximately $38. ...

Exchange-traded funds (ETFs) remain one of the simplest ways to tap into major growth trends without dealing with the volatility that comes from owning a single stock. That balanced approach is particularly appealing in robotics, a sector with a huge runway for long-term growth. Precedence Research values the global technology robotics market at $108.43 billion for 2026, expecting that value to climb 283% by 2035 to $416.26 billion. Where to invest $1,000 right now? Our analyst team just revealed what th ...