Company - BYD has surpassed Tesla for the first time, becoming the world's top electric vehicle seller [2] - Tesla's annual electric vehicle sales have been overtaken by BYD [2] - Micron Technology has significantly improved its profitability, with its stock reaching an all-time high [2] - AQR's multi-strategy product Apex is projected to return 19.6% in 2025, continuing its recovery in a turbulent quantitative investment year [2] Industry - The luxury retailer Saks Global is expected to file for bankruptcy, with its CEO set to step down [3] - Berkshire Hathaway enters a new era post-Warren Buffett [3] - The electric vehicle market in Norway is projected to reach a 96% market share for pure electric vehicles by 2025, with Tesla experiencing a surge in local sales [2]

来源：环球市场播报 AQR Capital Management的多策略产品2025年实现19.6%的回报，即便是在量化投资行业动荡之年，依 然延续回升势头。 一位因信息非公开而不愿具名的知情人士透露，68亿美元的Apex 12月收益3%。Apex整合了该系统化公 司的多种交易策略。知情人士表示，选股交易是Apex 2025年收益的最大推动力，63亿美元的市场中性 Adaptive Equities Strategy实现24.4%的收益。 对这家总部位于康涅狄格州格林威治、由Cliff Asness共同创立的公司来说，2025年成为又一个资产增长 和业绩超越同业的年份。公司管理资产总额目前达到1890亿美元，2025年资产增幅创纪录，达750亿美 元。虽然AQR传统上以学术研究支撑的策略闻名，例如股票因子，但近年来公司也采用了更多自研和 机器学习技术。 ...

来源：滚动播报 AQR Capital Management的多策略产品2025年实现19.6%的回报，即便是在量化投资行业动荡之年，依 然延续回升势头。知情人士透露，68亿美元的Apex 12月收益3%。Apex整合了该系统化公司的多种交易 策略。选股交易是Apex 2025年收益的最大推动力，63亿美元的市场中性Adaptive Equities Strategy实现 24.4%的收益。 ...