来源：央视新闻 受美国白宫酝酿出台15%的全球关税税率 引发避险情绪升温、美元指数下跌影响，国际贵金属市场走 强。周三 国际金价重回每盎司5200美元关口上方 ，白银期货受库存水平影响大涨近4%。 25日美国三大股指集体收涨 当地时间周三，美股投资者对AI技术取代专业软件、专业咨询以及金融服务等就业岗位的担忧情绪进 一步消退，同时也乐观看待芯片巨头英伟达在当天盘后发布的财报将推动AI投资热潮延续。科技、AI 概念、存储芯片以及金融等类别的股票大面积上涨，推动美国三大股指周三集体收涨。截至收盘，道指 涨0.63%，标普500指数涨0.81%，纳指上涨1.26%。 欧洲方面，大量公司财报密集出炉，业绩利好推动金融、科技、能源、材料等类别股票普遍上涨， 欧 洲三大股指周三集体收涨 。截至收盘，英国股市上涨1.18%，法国股市涨0.47%，德国股市涨0.76%。其 中，英国富时100指数创收盘历史新高。 英伟达最新财报与业绩指引均高出预期 公司方面，英伟达周三盘后发布的财报显示， 在截至今年1月25日的2026财年第四季度，英伟达营收为 681亿美元，同比增长73%，创公司单季度营收历史新高 。同时，公司当季的每股收 ...

Core Viewpoint - The article discusses the renewal of the shareholder agreement between Exor and Piero Ferrari, which strengthens governance continuity for Ferrari as it prepares to launch its first electric vehicle, amidst industry challenges [3][5][17]. Group 1: Shareholder Agreement Renewal - Exor, holding approximately 20% of Ferrari's shares, and Piero Ferrari, with about 10.6%, together control over 48% of the voting rights. The renewed agreement extends until January 4, 2029, with automatic three-year renewals unless terminated [5][8]. - The new agreement allows both parties to coordinate their positions on matters requiring shareholder votes and establishes mutual preemptive rights for share transfers, ensuring governance stability [8][9]. - This renewal is seen as a strategic move to minimize potential disagreements between major shareholders during a critical transition to electric vehicles [5][17]. Group 2: Electric Vehicle Transition - Ferrari's CEO, Benedetto Vigna, emphasizes a parallel approach to fuel, hybrid, and electric vehicles, with hybrids accounting for 51% of sales last year. The company plans to maintain a diverse product lineup [17][18]. - The first electric model, Elettrica, is expected to start deliveries in October 2026, following delays. The second electric model's launch has been postponed to at least 2028 due to insufficient demand in the high-performance luxury electric market [17][18]. - The governance stability provided by the renewed agreement is crucial for Ferrari to navigate the challenges of electric vehicle development while maintaining its brand's exclusivity and pricing power [18].