Core Viewpoint - Alphabet Inc. (NASDAQ:GOOG) has shown strong financial performance, with significant growth in both net income and revenues, leading to a positive market reaction and an upcoming dividend payment [1][2][3]. Financial Performance - In 2025, Alphabet's net income increased by 32% to $132 billion from $100 billion in 2024, while revenues surged by 15% to $402.8 billion from $350 billion year-on-year [2]. - For the fourth quarter, net income rose by 29.8% to $34.4 billion from $26.5 billion, and revenues jumped by 18% to $113.8 billion from $96.5 billion [3]. Dividend Announcement - Alphabet announced a dividend payment of $0.21 per share for Class A, B, and C shareholders, with the record date set for March 9, 2026, and payment scheduled for March 16 [1]. Business Growth and Innovations - CEO Sundar Pichai highlighted the launch of Gemini 3 as a significant milestone, indicating strong growth momentum across the business [4]. - YouTube's annual revenues exceeded $60 billion, with over 325 million paid subscriptions, while Google Cloud achieved an annual run rate of over $70 billion, driven by demand for AI products [5]. Upcoming Events - Chief Finance Officer Anat Ashkenazi is scheduled to participate in the Morgan Stanley Technology, Media and Telecom Conference on March 3, which is anticipated to provide insights for investors [6].

Ten stocks capped off Friday’s trading with strong gains, as investors digested a flurry of earnings reports, while repositioning portfolios ahead of dividend payments.Meanwhile, Wall Street’s three major indices finished in the green, with the Nasdaq leading gains by 0.90 percent, followed by the S&P 500 with a 0.69 percent jump, and the Dow Jones, up 0.47 percent.Indices aside, we spotlight the 10 top-performing stocks on Friday and break down the reasons behind their gains.To come up with the list, we fo ...

图片来源： The MAD Podcast Z Highlights Sebastian Borgeaud 是 Google DeepMind 的 Gemini 3 预训练负责人，同时也是开创性论文 RETRO 的合著者，在 AI 前沿模型研发与系统构建领域具备深厚专业 积淀。 2025 年 12 月 18 日，他在首次播客访谈中揭秘了这款今年 AI 领域里程碑式前沿模型的研发逻辑，分享了模型背后并非单纯依赖算力提升的系统构建思 路。 Gemini 3的巨大提升是庞大团队通力协作、融合无数改进与创新的成果，其基于Transformer的混合专家架构， 核心是将计算量使用与参数规模分离开 来 。 规模是预训练中提升模型性能的重要因素，但并非唯一， 架构和数据创新的重要性如今可能更甚 ，且预训练领域在长上下文能力、注意力机制等方 面有诸多值得关注的发展方向。 行业正从 "数据无限"向"数据有限"范式转变 ，合成数据需谨慎使用，模型架构改进能助力模型用更少数据实现更好效果，同时评估在预训练中至关 重要且极具难度。 的朴素。所以我很好奇你的看法，从某种程度上来说，事情真的这么简单吗？ Sebastian Bourge ...

Core Viewpoint - The article discusses a creative competition among various AI models to generate couplets for the upcoming Year of the Horse, targeting different demographics: elderly, young adults, and elementary school students. The performance of each model is evaluated based on their ability to meet the specific needs and preferences of these groups. Group 1: Elderly Audience - The elderly prefer couplets that convey stability and traditional values, focusing on themes like health and family happiness [5][12]. - The AI model "Doubao" produced a well-rounded couplet that met traditional expectations, while "Deepseek" impressed with its cultural depth [6][8]. - "Gemini 3" provided a straightforward yet relatable couplet, while "ChatGPT" was criticized for being overly conventional and lacking creativity [11][12]. Group 2: Young Adult Audience - Young adults seek couplets that are trendy, relatable, and motivational, incorporating modern language and internet culture [13][14]. - "Doubao" effectively captured the aspirations of young workers with its use of popular phrases, while "Gemini 3" was praised for its clever integration of relatable themes [17][21]. - "Deepseek" was noted for its visual appeal but did not resonate as strongly, and "ChatGPT" was seen as too rigid and lacking in contemporary relevance [24][25]. Group 3: Elementary School Audience - For elementary students, the couplets should be simple, fun, and easy to understand, focusing on themes of learning and growth [25][26]. - "Doubao" created a clear and engaging couplet suitable for both children and parents, while "Deepseek" produced a playful couplet that resembled a children's song [27][28]. - "Gemini" also performed well, creating a lively image of a smart and eager child, whereas "ChatGPT" was deemed too formal and lacking in charm [30][31]. Group 4: AI Models' Self-Evaluation - The AI models engaged in a self-assessment round, with "Deepseek" critiquing others for their strengths and weaknesses, particularly highlighting "ChatGPT" for its lack of modern appeal [32][34]. - "ChatGPT" countered by pointing out significant errors in "Deepseek's" output, emphasizing the importance of accuracy in couplet creation [36][39]. - The final rankings indicated that "Doubao" was the most balanced, "ChatGPT" was traditional but safe, "Gemini 3" was creative but less formal, and "Deepseek" suffered from critical errors [40][44].

It's been a bumpy start to the year for the AI trade as fears about whether massive investments in artificial intelligence will actually pay off permeate markets and weigh on some of the hottest names in the sector. We have Morning Star senior equity analyst Brian Kel who covers the semiconductor industry here to walk us through what it all means. Thank you so much for joining me Brian.>> Hi Sarah, happy to be here. So, I suspect for many investors this kind of ongoing pullback in tech stocks is very top of ...

New AI tools can produce websites and automate enterprise workflows in a matter of seconds, like magicians snapping their fingers to reveal not a dove or rabbit but updated CRM records. And, this month, that’s been the scariest thing on Wall Street. Fear that this magic touch could replace the role of software companies has obliterated billions in market value. On Wednesday, however, most of the affected firms got a break. SUBSCRIBE:  Receive more of our free The Daily Upside newsletter. READ ALSO: Tarif ...

Core Insights - David Tepper has significantly increased his investments in Alphabet, Micron, and Meta, while reducing his positions in Alibaba and Amazon, indicating a strong focus on AI infrastructure [1] Group 1: Investment Increases - Tepper increased his Alphabet stake by 29%, now holding nearly 1.8 million shares, with Alphabet guiding for $175 billion to $185 billion in CapEx for 2026, primarily for AI infrastructure [1] - Micron's holdings were increased from 500,000 shares to 1.5 million, a 200% increase, with Q1 FY2026 revenue of $13.64 billion beating estimates by $410 million and non-GAAP EPS of $4.78 surpassing the $4.07 consensus [1] - Tepper also raised his stake in Meta, which reported Q4 2025 revenue of $59.89 billion and EPS of $8.88, guiding for $115 billion to $135 billion in CapEx for 2026 focused on AI infrastructure [1] Group 2: Investment Reductions - Tepper reduced his position in Alibaba, which reported a 53% year-over-year decline in net income to $2.90 billion due to aggressive investments in AI and quick-commerce [1] - Amazon's position was also reduced, with the company down 13% year-to-date, despite AWS growing 20% to $33 billion in Q3 2025 [1] Group 3: Strategic Focus - Tepper's investment strategy reflects a shift away from China risk and towards companies that are heavily investing in AI infrastructure, with Alphabet, Micron, and Meta all committing tens of billions to AI CapEx [1]

Core Viewpoint - The release of Qwen 3.5 has sparked significant interest in the global AI industry, showcasing advancements in model efficiency and cost-effectiveness [1] Group 1: Model Performance and Features - Qwen 3.5 has a total of 397 billion parameters, with only 17 billion activated, outperforming the previous trillion-parameter model Qwen 3-Max [1] - The deployment memory usage has decreased by 60%, while the maximum inference throughput has increased by 19 times [1] - The innovative underlying model architecture allows Qwen 3-Plus to offer competitive performance at a low cost of 0.8 yuan per million tokens on Alibaba Cloud's Bailian API, achieving high performance comparable to Gemini 3 at less than 5% of the price [1] Group 2: Industry Adoption and Compatibility - Major international hardware manufacturers such as NVIDIA, AMD, and Apple have adapted their development frameworks and chips for Qwen 3.5 [1] - Domestic GPU and platform providers, including Huawei Ascend, Moore Threads, and others, have also announced Day 0 compatibility with the new model [1] - Various platforms, both domestic and international, including National Supercomputing Internet Platform, Shuguang Cloud, and others, have quickly integrated the Qwen 3.5 model, offering API services or experience interfaces [1]

Core Viewpoint - The release of Anthropic's Claude Cowork tools has negatively impacted the stock market, particularly affecting software companies and AI competitors, but some investors see this as a buying opportunity for Alphabet shares [1][2]. Group 1: Market Impact - Anthropic's Claude Cowork, featuring industry-specific plugins, caused a significant market reaction, leading to declines in stocks of software companies like Salesforce, Intuit, and Atlassian, which are down 27.9%, 33%, and 41.6% year-to-date, respectively [4]. - Alphabet's shares dropped over 6% following the announcement of Claude Cowork, reflecting investor anxiety despite Alphabet not being directly impacted by the specific software offerings [5]. Group 2: Alphabet's Position - Alphabet, with a market cap of $3.7 trillion, has a strong presence in the AI sector, recently launching its own LLM, Gemini 3, which has shown improvements over competitors like OpenAI's ChatGPT [7]. - The rollout of Gemini 3 has resulted in a significant increase in paid subscribers, indicating potential customer shifts from ChatGPT to Gemini, raising concerns that Claude Cowork could attract these subscribers away from Alphabet [7]. Group 3: Investment Opportunities - Notable investors, including Warren Buffett, have taken positions in Alphabet, suggesting confidence in the company's long-term prospects despite recent stock price declines [10]. - Cathie Wood's Ark Invest purchased $21.6 million in Alphabet shares, indicating a strategic move to capitalize on the current dip in stock price [11].

Market Overview - The U.S. stock market experienced a significant decline, with the Nasdaq dropping by 2.0%, while the S&P 500 and Dow Jones fell by over 1% each, driven by concerns over AI's disruptive impact on traditional business models[9][10]. - The Hang Seng Index closed at 27,033, down 0.86% for the day, while the Hang Seng Tech Index fell by 1.65%[3]. Sector Performance - Major technology stocks in Hong Kong faced pressure, with Meituan and NetEase both declining over 4%, and Tencent and Baidu dropping more than 2%[9]. - The electric equipment sector showed strong performance, with Harbin Electric rising by 13.73% after forecasting a 57.2% increase in net profit for 2025[9]. - AI application stocks surged, with Zhizhu rising by 28.68% due to strong market demand and a price adjustment announcement[9]. Economic Indicators - The heavy machinery sector continued its upward trend, with sales of excavators in January 2026 increasing by 49.5% year-on-year, driven by both domestic and export demand[9]. - Consumer stocks showed weakness, with notable declines in companies like Jiumaojiu and Budweiser Asia, which reported a 6.0% drop in total sales for the fiscal year 2025[9]. Global Market Trends - Concerns about AI's impact on the labor market have affected real estate demand, leading to declines in commercial real estate stocks like CBRE and SL Green Realty[10]. - Defensive stocks such as Walmart and Coca-Cola recorded positive returns, indicating a shift towards safer investments amid rising market volatility[13].