来源：Wind 香港万得通讯社报道，挪威规模达 2 万亿美元的石油基金（全球最大投资者之一）本周四表示，目前正 利用AI来筛查投资，以识别潜在的声誉及伦理风险。 挪威石油基金成立于 20 世纪 90 年代，由挪威央行投资管理公司（NBIM）管理，旨在对挪威石油和天 然气行业的收入进行投资。作为全球投资者，该基金涉足 60 个国家的 7，200 多家公司，持有全球约 1.5% 的上市公司股份。 长期以来，挪威石油基金在全球市场及 ESG（环境、社会和治理）投资领域一直发挥着举足轻重的作 用。它利用自身的影响力和投票权，对其投资的公司和市场设定期望标准，涵盖对人员、环境及社会的 影响。在该基金发布的年度负责任投资报告中，管理团队表示，目前正利用 AI 为投资组合经理提供治 理和可持续发展方面的洞察。 挪威央行投资管理公司表示，这项技术意味着基金能够扩大所分析信息的范围和规模，从而实现"对重 大风险的更快速识别"。 挪威央行投资管理公司的一位发言人透露，该机构的 ESG 风险监测团队已于 2024 年 11 月率先将 Anthropic 的 Claude AI 模型应用于日常工作。他们表示，自那时起，该模型已成为" ...

格隆汇2月24日｜美银指出，市场对AI颠覆网安行业的担忧，似乎有些过头了。上周五，Anthropic为其 Claude AI模型推出了一项新的安全功能Claude Code Security，投资者担忧AI可能通过自动化取代网安行 业中相当一部分业务，该板块遭遇广泛抛售。周一，网络安全概念股延续跌势，CrowdStrike、Zscaler 跌幅约10%，Netskope重挫超12%，Global X网络安全ETF跌至2023年11月以来的最低水平。 美银近日发布的研报指出，市场对"AI替代网络安全"的恐慌被高估。AI工具目前无法替代完整的网络安 全平台，其角色是增强者而非颠覆者。研究指出，AI确实能提升代码扫描等特定场景的工作效率，但 在可见性、控制力及可靠性三大关键维度上，目前的AI能力尚无法替代完整的网络安全平台。 上个马年沪指涨近60%！新年新福利来了，炒股排面要拉满，新号启幸运>> ...

Core Viewpoint - The introduction of a new security feature by AI company Anthropic has led to a significant decline in cybersecurity stocks, highlighting investor fears regarding competition from AI-native companies [1][3]. Group 1: Market Reaction - Cybersecurity software companies experienced a collective stock price drop, with Crowdstrike Holdings falling approximately 8% and Cloudflare down about 8.1% [1]. - Other notable declines included Zscaler at around 5.5%, SailPoint at 9.4%, and Okta at 9.2%, while the Global X Cybersecurity ETF decreased by about 4.9%, reaching its lowest level since November 2023 [1]. Group 2: AI Impact - Anthropic's new tool is designed to scan code repositories for security vulnerabilities and suggest targeted software patches for manual review, currently in a limited research preview phase [2][3]. - The decline in cybersecurity stocks is part of a broader trend where the software sector has faced selling pressure due to concerns over competition from AI-driven solutions, with the iShares expanded technology software industry ETF down over 23% this year, potentially marking the largest quarterly drop since the 2008 financial crisis [3]. Group 3: Analyst Insights - Analysts warn that AI-driven automation solutions could disrupt existing software business models, compress profit margins, and force companies to innovate rapidly, with the market closely monitoring how AI will reshape cybersecurity [4]. - The recent sell-off in the software sector, particularly in cybersecurity, is attributed to new AI tools from companies like Anthropic, OpenAI, and Google, raising concerns about "vibe coding," which allows users to create applications using AI, potentially diminishing demand for traditional products and impacting company growth, margins, and pricing power [4].

转自：中国基金报 美东时间2月21日，美国最高法院裁定特朗普关税违法，利好市场，美股三大指数低开高走，最终集体收涨。 截至收盘，道琼斯工业平均指数上涨0.47%，报49625.97点；纳斯达克综合指数上涨0.9%，报22886.07点；标普500指数上涨0.69%，报6909.51点。 在美国最高法院法官驳回其推行大范围关税的做法后，美国总统特朗普随后表示，将对贸易伙伴征收10%的全球关税，并称其现有计划中的若干类别仍然 有效。 数以千计的企业和进口商将试图追回已向美国政府缴纳的高达1700亿美元的关税。美国财政部长斯科特·贝森特表示，2026年关税收入将"几乎不会发生变 化"。他补充道，特朗普政府将使用其他机制来替代这些关税措施，包括国会授予的、被称为122、232和301条款授权。 至于经济前景，JonesTrading的Michael O'Rourke表示，在获得切实信息之前，投资者不会调整其前景判断。eToro的Bret Kenwell认为，展望未来，关税政 策更可能被重新校准，而不是被彻底废除。 宏观方面，盘前，美国商务部公布的初步数据显示，美国2025年第四季度经济增速为1.4%，显著低于市场预期 ...

Group 1: Market Reactions - The U.S. Supreme Court ruled that Trump's tariffs were illegal, positively impacting the market, leading to a collective rise in major U.S. stock indices [1] - The Dow Jones Industrial Average increased by 0.47% to 49,625.97 points, the Nasdaq Composite rose by 0.9% to 22,886.07 points, and the S&P 500 gained 0.69% to 6,909.51 points [1] Group 2: Tariff and Economic Outlook - Following the Supreme Court's decision, President Trump announced a 10% global tariff on trade partners, while some existing tariff categories remain effective [3] - Thousands of businesses and importers are expected to seek refunds for tariffs paid, amounting to up to $170 billion [3] - U.S. Treasury Secretary Scott Bessenet indicated that tariff revenues are projected to remain "virtually unchanged" by 2026, with alternative mechanisms being utilized [3] - Economic growth for Q4 2025 was reported at 1.4%, significantly below the market expectation of 2.8%, with an annual growth rate of 2.2%, the lowest since 2021 [3] Group 3: Precious Metals Market - Gold prices surged over 2% to reclaim $5,100, while silver experienced a significant increase of 8% [4] - As of the latest data, COMEX gold futures were reported at $5,130, and COMEX silver futures at $84.57, reflecting an 8.93% rise [4] Group 4: Cybersecurity Sector Performance - Multiple cybersecurity stocks experienced significant declines, with AKAM dropping over 14%, Cloudflare down over 8%, and CrowdStrike nearly 8% [7] - The decline was influenced by Anthropic's introduction of a new security feature in its Claude AI model, which can identify security vulnerabilities in code [7] - The new feature, while beneficial for detecting vulnerabilities, also poses risks as it may assist attackers in exploiting these vulnerabilities [7]

机构观点 机构对黑石近期展望偏积极。截至2026年2月，24家机构中，54%给予"买入"或"增持"评级，42%建 议"持有"。目标价均价为167.78美元，较当前股价有约26%的潜在上行空间。盈利预测方面，机构预计 2025年第四季度每股收益为1.536美元，同比增长3.55%；2026年第一季度营收预测为35.05亿美元，同 比增长27.42%。黑石在AI领域的战略布局(如投资Anthropic)和IPO退出计划被视作长期增长催化剂。 以上内容基于公开资料整理，不构成投资建议。 经济观察网2026年2月11日，全球资产管理巨头黑石集团(BX.N)通过增持AI独角兽企业Anthropic约2亿 美元，使其对Anthropic的总持股额提升至10亿美元量级。Anthropic是Claude AI模型的开发商，本轮融 资后其投后估值飙升至3500亿美元，较2025年9月的1830亿美元估值近乎翻倍。该投资主要通过黑石私 人股权策略基金(BXPE)进行，显示出顶级另类投资机会向财富管理市场渗透的趋势。同时，黑石计划 在2026年推动一系列IPO项目，若储备项目顺利推进，可能迎来历史上发行规模最大的年份之一。 股票近 ...

Core Insights - The article discusses the rapid development of artificial intelligence (AI) technology and its implications for various industries, particularly focusing on investment opportunities and market trends in AI-related companies [3]. Group 1: Financial Sector Impact - The launch of a new AI tool by Altruist Corp. for tax strategy formulation has raised concerns about the future of traditional wealth management firms, leading to significant stock declines. Notable drops include Charles Schwab down 8.1%, Raymond James Financial down 8.5%, LPL Financial down 8.4%, and Stifel Financial down 7.2% [5]. Group 2: AI Investment and Growth - Blackstone Group is increasing its investment in AI company Anthropic PBC, raising its stake to approximately $1 billion. The investment includes $200 million in a current funding round, valuing Anthropic at $350 billion, with the company potentially doubling its initial funding target of $10 billion due to strong investor demand [6]. - Alibaba Cloud's market share in China's cloud market has grown from 34% to 36%, maintaining its leading position for three consecutive quarters. AI is identified as a key driver for new demand in cloud infrastructure services, with Alibaba's AI-related product revenue experiencing triple-digit year-over-year growth for nine consecutive quarters [8]. Group 3: Strategic Partnerships - Alibaba Qianwen and Fliggy have announced AI collaborations with over 40 global travel brands, providing exclusive subsidies and value-added benefits to users of their AI applications. Partner brands include major airlines and hotel chains, enhancing the travel experience through AI integration [9]. Group 4: Corporate Financial Activities - Alphabet Inc. (Google's parent company) is set to raise nearly $32 billion through bond issuance, breaking records with strong demand, including over $100 billion in subscriptions for its dollar bonds and nearly ten times the subscription for its £1 billion century bond [11]. - Amazon disclosed a 5.3% stake in electric aviation company Beta Technologies, holding approximately 11.8 million shares. This investment aligns with Amazon's focus on climate initiatives, although Beta's stock has seen a 51% decline over the past three months [12]. Group 5: Leadership Changes - Tesla has appointed Joe Ward, the head of its European operations, to oversee global electric vehicle sales, marking a significant leadership change as the company navigates challenges in its automotive business [13].

Group 1 - Blackstone Group has significantly increased its investment in AI unicorn Anthropic, adding approximately $200 million to its stake, bringing the total investment to around $1 billion [1] - Anthropic, the developer of the Claude AI model, has seen its post-money valuation soar to $350 billion, more than doubling from $183 billion during its Series F funding round in September 2025 [1] - The current funding round has attracted substantial interest, with Anthropic's initial fundraising target of $10 billion being more than doubled due to strong investor demand [1] Group 2 - Blackstone's investment is primarily structured through its Blackstone Private Equity Strategies Fund (BXPE), indicating a trend of top alternative investment opportunities becoming accessible to a broader wealth management market [2] - In addition to Blackstone, Anthropic has secured at least $1 billion from Coatue Management, Singapore's GIC, and Iconiq Capital, along with up to $15 billion from strategic investors like Nvidia and Microsoft [2] - Blackstone has positioned itself as the largest non-venture capital, non-sovereign investor in Anthropic, coinciding with OpenAI's ongoing efforts to negotiate a record AI funding round potentially reaching $100 billion [2]

美东时间周二，三大指数涨跌不一，标普500指数和纳指均录得下跌，道指小幅上涨，再创收盘历史新高。 道指盘中一度录得连续第三个历史新高，此前已在上周五首次突破5万点大关。 （三大指数日内走势，来源：TradingView） 截至收盘，道琼斯指数涨0.10%，报50,188.14点；标普500指数跌0.33%，报6,941.81点；纳斯达克指数跌0.59%，报23,102.47点。 零售股周二明显承压，好市多下跌逾2%，沃尔玛下跌逾1%。 周二公布的最新零售销售数据显示，美国12月消费者支出环比持平，低于预期的增长0.4%。而11月零售销售曾增长0.6%。 Ameriprise Financial首席市场策略师Anthony Saglimbene表示："当前中低收入消费者承压的另一关键因素，是他们对就业环境的感受，而我们知道他们的信 心正在变得更加不确定。如果1月就业增长不及预期，可能会对市场这种'普涨'主题造成一定冲击。" 金融股周二同样承压，PL Financial暴跌8.3%，嘉信理财下跌7.4%，摩根士丹利跌逾2%。 科技平台Altruist推出了一款基于人工智能（AI）的税务规划工具，引发市场对AI冲击 ...

Market - The Dow Jones Industrial Average reached a new high, while the S&P 500 index declined due to weak holiday sales and concerns about AI's impact on finance [4][5] - Retail sales in December stagnated, indicating a slowdown in consumer spending, with investors awaiting employment and CPI reports [4] - Major retail stocks like Costco and Walmart saw declines, while Spotify's stock surged by 14.75% due to strong user growth despite slowing profits [2][3] Macro - The New York Federal Reserve reported that the U.S. loan default rate rose to 4.8%, the highest in nearly a decade, driven by increased defaults among low-income and young borrowers [10] - U.S. national debt surged by $696 billion in four months, raising concerns about fiscal sustainability as interest costs exceed $1 trillion [11] - The European Parliament is closer to approving a U.S.-EU trade agreement, with a vote scheduled for February 24 [12] Company - Ford's quarterly core profit fell by about 50% to $1 billion, with a net loss of $11.1 billion in Q4, but the CEO expects stronger performance by 2026 [14] - Alphabet raised nearly $32 billion in a bond issuance, highlighting the tech giant's significant financing needs for AI development [15] - U.S. brokerage stocks fell due to concerns over AI disrupting traditional financial services, with Altruist launching an AI tax planning tool [16][20] - Blackstone is increasing its investment in AI company Anthropic, raising its stake to approximately $1 billion [18] - Tesla appointed its European business head to oversee global electric vehicle sales amid declining demand in the U.S. and Europe [21]