今天，《关于北京市2025年预算执行情况和2026年预算（草案）的报告》提请市十六届人大四次会议审 议。2025年是"十四五"规划收官之年，预算报告显示，全市一般公共预算收入完成6680.6亿元，增长 4.8%，收入量稳质优，为"十四五"圆满收官交出亮眼答卷。展望2026年，本市将实施更加积极的财政政 策，为"十五五"时期首都发展开好局、起好步注入强劲财政动能。 ■盘点2025■ 财政收入质量稳居全国前列 逆周期调节精准发力，本市综合运用政府债券、投资基金、融资担保等财政政策工具，助力稳增长、促 发展。北京在全国首批开展专项债"自审自发"试点，推动债券早发行、项目早实施，为稳增长、调结构 提供有力支撑。 ■ 回顾"十四五"■ 为经营主体减负超4900亿元 预算报告显示，五年来，财政聚焦首都"四个中心"功能建设，不折不扣落实减税降费政策，累计为经营 主体减轻税费负担超4900亿元，推动经济增长、企业发展与财政增收良性循环。 秦征介绍，2025年全市一般公共预算收入突破6600亿元，较2020年增加超千亿元，年均增长4%，税收 占比稳定在85%左右。财源根基持续夯实，全市有税户达143.3万户，年均增长7%，科技 ...

今天，《关于北京市2025年预算执行情况和2026年预算（草案）的报告》提请市十六届人大四次会议审 议。2025年是"十四五"规划收官之年，预算报告显示，全市一般公共预算收入完成6680.6亿元，增长 4.8%，收入量稳质优，为"十四五"圆满收官交出亮眼答卷。展望2026年，本市将实施更加积极的财政政 策，为"十五五"时期首都发展开好局、起好步注入强劲财政动能。 ■盘点2025■ 财政收入质量稳居全国前列 2025年，随着国家及本市一揽子稳经济政策落地见效，首都经济运行整体回升向好、向新向优。本市持 续优化营商环境、深化财源建设，推动全市一般公共预算收入完成6680.6亿元，增长4.8%；收入质量稳 居全国前列，税收占比达86.5%。 "金融业、信息服务业、科技服务业等重点行业支撑作用进一步增强。"市财政局新闻发言人秦征解读预 算报告时表示，税收增长与经济发展质效提升形成良性循环，高质量发展特征更加明显。 逆周期调节精准发力，本市综合运用政府债券、投资基金、融资担保等财政政策工具，助力稳增长、促 发展。北京在全国首批开展专项债"自审自发"试点，推动债券早发行、项目早实施，为稳增长、调结构 提供有力支撑。 ■ ...

Core Insights - The demand for experienced remote and hybrid technology and professional services personnel is slightly stronger than for in-office positions, despite high-profile return-to-office mandates from companies like JPMorgan Chase and Microsoft [1] Group 1: Demand Trends - Global demand for remote and hybrid professionals increased by 19.8% in Q4 2025 compared to Q4 2024, and by 10.9% for the entire year of 2025 versus 2024 [2] - Demand for similar professionals across all work models, including remote, hybrid, and in-office roles, increased by 19.4% in Q4 2025 versus Q4 2024 and by 10.4% for the full year 2025 versus 2024 [2] - A slight decline in demand for remote and hybrid talent of 4% was noted in the late-year contraction, while the broader experienced market, including in-office roles, showed a larger decline of 4.7% [4] Group 2: Work Environment Stability - Office occupancy in major U.S. markets has recovered from pandemic lows but remains below 2019 levels, indicating a more stable phase for distributed work [5] - Companies are beginning to identify when in-person collaboration is essential and when work can be done remotely, reflecting an emerging equilibrium between remote, hybrid, and in-office work [5] Group 3: Strategic Employment - Firms employing remote and hybrid teams can access larger and more diverse talent pools and hire faster, particularly when scaling or experimenting with new capabilities [7] - The shift towards remote work and AI adoption indicates a more deliberate approach to the future of work, with companies making clearer choices about work locations and technology integration [6]

分组1 - Intel's stock has plunged due to a disappointing sales outlook, marking its largest drop since August 2022, with a 15% decline in a volatile trading week [1][7] - The company is facing significant manufacturing and execution issues, particularly with yield and production of server chips, leading to unfulfilled orders [1][3] - Analysts express concerns about Intel's ability to attract external customers for its foundry business if manufacturing processes do not demonstrate high efficiency [1][3] 分组2 - Chinese tech firms, including Alibaba, Tencent, and ByteDance, have received approval to prepare orders for NVIDIA's H200 chips, indicating a potential thaw in U.S.-China tech relations [2][4] - The approval comes with caveats, as Chinese officials are cautious about the chips being used in sensitive sectors like the military [2][4] - Analysts suggest that this development could open up significant market opportunities for NVIDIA in China, although the exact size of this opportunity remains uncertain [2][4] 分组3 - Tesla has begun offering robotaxi rides in Austin without a human safety driver, marking a significant step in autonomous vehicle technology [4][5] - The development is seen as a confidence boost for Tesla's vision-only platform, which relies solely on cameras, contrasting with competitors like Waymo that use multiple sensors [4][5] - Consumer acceptance of autonomous vehicles is growing, particularly in markets like San Francisco, where users are increasingly comfortable with ride-hailing services [5] 分组4 - Capital One has agreed to acquire fintech startup Brex for $1.51 billion, marking the largest acquisition for the bank since its purchase of Discover [7][8] - The acquisition is seen as a strategic move to combine Brex's technology with Capital One's scale and resources, aiming to accelerate product development [7][8] - Brex's valuation has significantly decreased from its previous $12 billion valuation, reflecting broader market trends in fintech [7][8] 分组5 - Apple is experiencing a rough week, with its stock on track for an eighth consecutive weekly decline, the worst run since May 2022 [6] - Jon Ternus, Apple's hardware chief, has been given additional responsibilities overseeing design teams, positioning him as a potential successor to CEO Tim Cook [6][6] - The focus for Ternus will likely be on the development of a foldable iPhone, which is anticipated to be a key growth driver for the company [6][6]

Precious metals continued to dominate Wall Street headlines on Friday as silver surged through the $100-per-ounce threshold and traded around $101 per ounce by midday in New York, marking a staggering 230% gain over the past year.Gold flirted with the equally eye-catching $5,000-per-ounce level, a price that stood nearly 80 percentage points lower just a year earlier.The rally extended beyond gold and silver. Across the broader commodities complex, momentum remained strong. Palladium jumped 6%, breaking abo ...

Core Viewpoint - The article discusses the volatility and potential of AI application stocks, highlighting the recent surge and subsequent decline in their prices, emphasizing the need for logical investment rather than speculative trading [3][4][6]. Group 1: AI Application Market Dynamics - The AI application market saw a significant surge starting January 9, driven by the IPO of MiniMax, which rose over 90%, boosting market confidence in AI commercialization [3][4]. - Following the initial excitement, many AI companies issued announcements clarifying their limited revenue from AI, leading to a sharp price correction in the sector [4][5]. - The article suggests that while the current market may present opportunities, investors should focus on companies with genuine value and sustainable business models [4][7]. Group 2: GEO Model in Advertising - The article introduces the GEO (Generative Engine Optimization) model as a transformative approach in advertising, allowing users to input specific demands and receive optimized product recommendations directly from AI [9][11]. - The GEO market is projected to grow significantly, with estimates of $2.9 billion in China and $11.2 billion globally by 2025, indicating a shift from traditional SEO to AI-driven marketing strategies [11][12]. - Companies that own AI models and user behavior data are expected to be the primary beneficiaries of the GEO model, similar to how Google and Baidu benefited during the SEO era [12][13]. Group 3: AI in Healthcare - The AI healthcare sector has shown strong performance, with companies like 泓博医药 and 迪安诊断 seeing over 50% gains year-to-date, driven by increasing market interest [22][24]. - Government policies are increasingly supportive of AI in healthcare, with initiatives aimed at integrating AI into medical services and diagnostics [24][25]. - The article notes that advancements in AI healthcare applications, such as OpenAI's ChatGPT Health, are enhancing market sentiment and could lead to further growth in the sector [26][29]. Group 4: AI in Financial Technology - The financial technology sector has also experienced growth, with a 14% increase in the financial technology ETF as of January 14, 2026 [37]. - AI is expected to enhance the capabilities of both internet finance companies and financial IT firms, improving customer engagement and operational efficiency [38][39]. - However, the article cautions that while AI can improve operational efficiencies, it may not fundamentally change the poor business models prevalent in financial IT companies [40].

Medallion Financial ( MFIN ) has been growing its asset base consistently over the last few years and has been earning an excess return over its cost of equity. While close to stable growth, I estimateI have an MBA from the University of Rochester's Simon Business School and six years experience doing private business valuations. I've always had a fascination with investing and enjoy actively managing my personal portfolio.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in an ...

Real-world assets tokenization platform Ondo Finance (CRYPTO: ONDO) launched hundreds of blockchain-based stocks, exchange-traded funds, bonds, and commodities on Solana (CRYPTO: SOL) on Wednesday.Solana Goes TradFiOndo Finance said in an X post that it’s bringing the “full TradFi portfolio” to Solana, one of the most popular networks for decentralized finance.More than 200 assets, including Mag 7 stocks such as NVIDIA Corp. (NASDAQ:NVDA) and Microsoft Corp. (NASDAQ:MSFT) , ETF’s such as iShares MSCI Emergi ...

Group 1 - The 2026 Lingang Science and Technology Innovation City Conference was held with the theme "Entrepreneurship Comes to Lingang, Accompanying Your Growth" [1] - A comprehensive set of innovative support measures was introduced for entrepreneurs, including the construction of science and technology communities and a policy matrix [1] - Four major benchmark innovation communities were launched: "Dew Lake AI Innovation Port," "Dew Lake IC Innovation Port," "Dew Lake International Data Port," and "Dew Lake Financial Bay," aimed at creating a new development paradigm [1] Group 2 - The new development paradigm focuses on "chain leader traction, clear tracks, platform support, collaborative incubation, capital acceleration, and balanced living and working" [1] - The goal is to establish a distinct industrial "innovation rainforest" [1] - Three entrepreneurial launch funds were simultaneously announced: Lingang Youth Science and Technology Fund, Qihang Angel Fund, and Qihang Guotai Haitong Venture Capital Fund [1]

Shares of Ally Financial Inc. ( ALLY ) have been a solid performer over the past year, gaining about 11%. That said, shares have pulled back about 10% from their highs, and a Q4 earnings beat on Wednesday morning did little to lift shares. While credit qualityOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an art ...