Core Insights - Alibaba has launched a new generation of open-source model, Qwen3.5-Plus, which is claimed to outperform Gemini 3 Pro, making it the strongest open-source model globally [1] Model Performance - Qwen3.5-Plus features a total of 397 billion parameters, with only 17 billion activated, achieving superior performance compared to the trillion-parameter Qwen3-Max model [1] - The deployment memory usage has been reduced by 60%, and inference efficiency has significantly improved, with maximum inference throughput increased by up to 19 times [1] Cost Efficiency - The API pricing for Qwen3.5-Plus is set at 0.8 yuan per million tokens, which is only 1/18th of the cost of Gemini 3 Pro [1] Technological Advancements - Qwen3.5 has achieved breakthroughs in native multimodal capabilities through pre-training on mixed text and visual data, demonstrating excellent performance across various benchmarks in reasoning, programming, and agent intelligence [1] - The model has also excelled in authoritative evaluations of visual understanding, winning several performance accolades [1] Accessibility - The Qwen3.5-Plus model is now integrated into the Qwen APP and PC platform, with developers able to download it from the Modao community and HuggingFace, or access API services directly through Alibaba Cloud [1]

Core Viewpoint - The application software sector is facing significant existential threats from advancements in AI, leading to a decline in stock values and a challenging environment for established firms [1][2]. Group 1: Market Performance - An exchange-traded fund tracking the US software sector has decreased by 22% this year, contrasting sharply with the semiconductor sector, which has seen substantial gains due to increased demand for computing driven by AI [2]. - The Polar Capital fund, managed by Nick Evans, has outperformed 99% of its peers over the past year and 97% over five years, indicating a successful strategy in navigating the current market conditions [1]. Group 2: Company Strategies - Nick Evans has divested from most application software holdings, retaining only a small position in Microsoft Corp., and has sold off shares in companies like SAP SE, ServiceNow Inc., Adobe Inc., and HubSpot Inc., stating a commitment not to return to these companies [4]. - Companies producing complex software packages, such as SAP, may exhibit more resilience; however, the increasing power of AI tools introduces significant uncertainty regarding their long-term valuations [6]. Group 3: Competitive Landscape - AI coding tools have advanced to a level where they can replicate and modify existing software, intensifying competition for established firms from both their clients and emerging AI startups [5]. - The financial strain on software companies may increase due to the need to compensate employees with cash for lost equity value, as stock prices decline [8]. Group 4: Investment Focus - As of the end of January, seven out of the top ten positions in the Polar Capital fund were semiconductor companies, with Nvidia Corp. being the top holding at nearly 10% of the portfolio, reflecting a strategic pivot towards sectors less threatened by AI disruption [7].

MiniMax日前发布旗舰Coding模型M2.5,2月15日深夜再推HighSpeed Coding Plan，主打高效Agent应用白 领生产力场景，受到海内外开发者热捧。公开资料显示，MiniMax股价同步走强，蛇年最后一个交易日 股价冲高至886港元/股，创下港股2026年单价历史新高。 ...

Core Viewpoint - Michael Burry has intensified his criticism of Palantir Technologies Inc., alleging unethical corporate behavior and predicting a significant stock decline [1][4]. Allegations of Corporate Behavior - Burry has raised concerns about Palantir's alleged involvement in "covert smear campaigns," specifically related to the UK's National Health Service (NHS) investigation into potential contract breaches [2][3]. - Jo Maugham, Executive Director of the Good Law Project, stated that Palantir cannot be trusted with important national contracts [4]. Technical Analysis and Stock Forecast - Burry's technical analysis indicates a potential decline for Palantir's stock, identifying a "Head & Shoulders" reversal pattern [4]. - The analysis suggests a "Next Support" level near $80, with a potential "Landing Area" between $50 and $60, indicating a possible 54.34% drop from the current trading price of $131.41 [5]. Company Performance - Year-to-date, Palantir's shares have decreased by 21.71%, while the Nasdaq 100 has only fallen by 1.88% during the same period [7]. - Over the last six months, the stock has declined by 24.49%, although it has seen a 5.45% increase over the past year [7]. - Palantir's stock is characterized by a weaker price trend across various time frames, despite a solid growth score according to Benzinga's Edge Stock Rankings [7].

Core Viewpoint - C++ remains an irreplaceable language for achieving extreme performance through absolute control over low-level operations, despite facing challenges from emerging languages like Rust and the impact of AI programming paradigms [1]. Group 1: Memory Safety and Code Vulnerabilities - Most memory safety vulnerabilities originate from newly written code rather than legacy systems, primarily due to the "code hardening" process that occurs over time in older codebases [10][11]. - C++ has not fundamentally eliminated memory-related vulnerabilities, as developers can still easily write code that leads to out-of-bounds access, similar to issues seen in C [12][13]. - The adoption of advanced dynamic analysis tools in C++ is limited due to high configuration costs and a lack of awareness among developers [13][14]. - Even with the use of sanitizers, C++ code continues to exhibit a significantly higher number of memory safety vulnerabilities compared to Rust, with Google reporting C++ vulnerabilities being nearly 1000 times more frequent than those in Rust [15][16]. Group 2: C++'s Unique Value Proposition - C++ offers a unique niche by allowing developers to trade off the risks of "undefined behavior" for maximum performance, which is difficult to replicate in languages like Rust [17][18]. - The historical inertia of C++ is significant, as many established libraries and codebases have been optimized over decades, making it impractical to rewrite them in newer languages [20]. - The productivity paradox arises where Rust's safety features may lead to increased code complexity and reduced productivity compared to C++, despite reports of higher productivity for Rust developers in certain domains [21][22]. Group 3: Tooling and Ecosystem Challenges - C++ suffers from a fragmented compiler ecosystem, making it challenging to distribute precompiled libraries and manage dependencies effectively [27][28]. - The lack of a unified package management system in C++ contrasts sharply with Rust's modern package management ecosystem, which significantly enhances developer productivity [27][29]. - The C++ standardization process has focused primarily on language specifications, neglecting the development of a cohesive tooling ecosystem, which has hindered its evolution [29][32]. Group 4: AI in Programming - AI-generated code has been found to be less secure in C++, with developers often overestimating its reliability compared to their own code [39][40]. - In contrast, Rust's strict syntax and features make it more challenging for AI to generate unsafe code, as incorrect code will not compile [41][42]. - The integration of AI tools in programming workflows has shifted the focus from writing code to reviewing AI-generated code, which can be frustrating for developers [38][39]. Group 5: Undefined Behavior and Future Proposals - Ongoing proposals aim to address undefined behavior in C++, with the introduction of the concept of "erroneous behavior" in C++26 being a notable development [44][45]. - There is a concern that some proposals related to undefined behavior may lack practical implementation strategies, potentially diverting attention from more effective solutions [45][46].

Core Viewpoint - Trifork Group AG has initiated a share buyback program, which is set to run from December 23, 2025, to February 26, 2026, with a total budget of DKK 14.92 million (approximately EUR 2 million) [1][2]. Group 1: Share Buyback Program Details - The share buyback program allows Trifork to purchase shares totaling up to DKK 14.92 million [2]. - As of the start of the program, Trifork held 219,735 treasury shares, which is 1.1% of the share capital [2]. - By February 13, 2026, a total of 133,407 shares had been repurchased at an average price of DKK 91.63, amounting to DKK 12,223,442 [3]. Group 2: Current Shareholding Status - Following the share buyback transactions, Trifork now holds a total of 313,576 treasury shares, representing 1.6% of the total shares [3]. - The total number of registered shares in Trifork is 19,744,899, leading to 19,431,323 outstanding shares after adjusting for treasury shares [3]. Group 3: Company Overview - Trifork is a global technology company listed on Nasdaq Copenhagen, specializing in innovative digital products and solutions for enterprise and public sector clients [4]. - The company employs 1,197 people across 16 countries and focuses on advanced software development in various sectors, including public administration and healthcare [4].

Core Insights - Alibaba officially released Tongyi Qwen 3.5 on the evening of February 16, featuring two core versions: a lightweight model for 2B applications that can run locally on mobile and edge devices, and a flagship model, 35B-A3B MoE, which activates only about 3 billion parameters during inference, significantly reducing computational costs while matching the performance of top-tier closed-source models [1] - Qwen 3.5 showcases architectural innovations with enhanced native multimodal capabilities, including improved image recognition, text comprehension, and logical reasoning, allowing smaller parameter models to achieve high performance [1] Licensing and Accessibility - The model is released under the Apache 2.0 open-source license, allowing for direct commercial use and secondary development, with global platform availability for immediate deployment [2]

Core Insights - Commvault Systems, Inc. is under investigation for potential violations of federal securities laws as announced by Levi & Korsinsky [1] - The company reported a 40% growth in SaaS ARR, reaching $364 million for Q3 fiscal 2026, but this represents a deceleration from the 56% growth reported in Q2 fiscal 2026 [2] - Following the earnings report, Commvault's stock experienced a significant decline of over 31% on January 27, 2026 [3] Financial Performance - Commvault's SaaS ARR grew to $364 million, marking a 40% increase year-over-year [2] - The company noted that 60% of its deals closed in the last few weeks of the quarter, indicating a potential last-minute surge in sales [2] - The growth rate of 40% in SaaS ARR is a notable slowdown compared to the previous quarter's growth of 56% [2] Market Reaction - The stock price of Commvault fell by more than 31% on the day the financial results were announced, reflecting investor concerns over the deceleration in growth [3]

HONG KONG (AP) — World shares mostly advanced on Monday and gold declined. Japanese stocks dipped and several stock markets in Asia were closed or trading for a half-day ahead of Lunar New Year celebrations. In early European trading, Germany’s DAX was up 0.2% to 24,958.01. Britain’s FTSE gained 0.3% to 10,479.47, while the CAC 40 in Paris also rose 0.3% to 8,333.81. In Asia, Tokyo’s Nikkei 225 was down 0.2% to 56,806.41, after the government reported that Japan’s economy grew more slowly than economist ...

Core Viewpoint - Alibaba is set to open source its next-generation Qwen model, Qwen3.5, on the night of February 16, showcasing a comprehensive innovation in model architecture [1] Summary by Categories Model Innovation - Qwen3.5 features an innovative mixed attention mechanism that combines the advantages of both local and global attention, resulting in over a 40% improvement in long text processing capabilities [1] Technical Specifications - The model natively supports image inputs of any resolution and will be released in two versions: a 2B dense model and a 35B-A3B MoE model, aimed at lowering the deployment threshold for developers [1]