Software stocks face the largest short-selling wave since 2010, Goldman Sachs exclaims: the market has "nowhere to hide"!As the US stock market remains fragile, tonight's CPI may present a "hawkish surprise."Everbright Securities: Gold prices are expected to rise as they consolidate at high levels, currently stabilizing around the 50-day moving averageBad Tape + Weak Print: When Does COIN Bottom?---LME aluminum plummets! Report: The United States is considering partially lifting tariffs on aluminum and steelJibang Consulting: It is expected that HBM4 verification will be completed in the second quarter, and the supply pattern of the three major manufacturers for NVIDIA is expected to take shapeGLM-5 is a sensation, KNOWLEDGE ATLAS's market value doubled in five days, China's AI is in full swingGoogle DeepMind CEO: This year will start clinical trials for AI anti-cancer drugs, with robotic breakthroughs expected in the next 18 monthsCan Walsh become the "rate cut driver"? JP Morgan bets on U.S. economic resilience to suppress short-term bondsAMAT (Trans): Semi equipment >20% YoY; momentum through 2027A century-long AI gamble! The 28-year-old Alphabet's $100 billion century bond received 10 times the subscription, and strategists warn that the "disruptor" status is hard to maintain for a centuryRIVN (4Q25 Trans): All-in on R2 and AD, Can It Mount a Comeback?"KUAISHOU-W vs ByteDance" Who is stronger? Goldman Sachs: There is no "winner takes all," but AI will significantly change the value distribution in the entertainment industryPrysm: Maintains the view that the U.S. will not cut interest rates in the first half of 2026, with a potentially more dovish trend in interest rates in the second half of the yearRIVN: Post-subsidy era — can R2 lead a turnaround?---The Japanese yen makes a strong comeback! With fiscal concerns easing and safe-haven inflows surging, the yen is set to achieve its strongest weekly gain since November 2024Cloud-based brokerage Clear Street halts US stock IPO with fundraising amount reduced by nearly two-thirdsAMAT: Capex upcycle arrives, equipment stocks enter spring!---ABNB (Trans): Accelerating Boutique Hotel Onboarding & AI Dev.The victory of Takamori Saimae dispels fears of "fiscal deficit," and the yen is expected to achieve its best weekly performance in 2024U.S. January CPI Preview: Market expects year-on-year growth to fall back to last May's low, predicting a "moderate cooling" in market betsHong Kong stocks KNOWLEDGE ATLAS and MINIMAX-WP continue to surge, with both total market values exceeding HKD 210 billionJanuary 70 Cities Housing Prices: The month-on-month decline in first, second, and third-tier cities has generally narrowed, while the year-on-year decline continues to expandMiniMax released the M2.5 model: running for 1 hour costs only 1 USD, which is 1/20 of GPT-5's price, with performance comparable to Claude OpusThe YouTube app logs into Apple's Vision Pro, completing Google's ecosystem puzzleThe AI "super agent" battle has begun! The four major tracks are fully deployed, with OpenAI and Anthropic challenging the software empires of Microsoft and othersAirbnb: 业绩还不赖，但已沦为周期股？The Hang Seng Index opened down 1.45%, and the Hang Seng TECH Index fell 1.59%Amid the severe decline in the cryptocurrency market, Coinbase's revenue in the fourth quarter fell by 20%, with a net loss exceeding $600 million | Financial Report InsightsApple faces FTC scrutiny and Siri upgrades may be delayed, stock price records worst single-day performance since AprilThe US stock market is extremely fragile! From SaaS, PE to insurance, real estate, and even logistics, there have been "successive large declines," and Goldman Sachs traders are "exhausted and shocked."The trigger for the "Black Thursday" that ignited the US stock market was this $6 million "small company."Concerns about AI are spreading, and commercial real estate stocks continue to decline, plummeting 20% in two daysAI computing power and storage demand explode, semiconductor equipment welcomes a super cycle! Applied Materials' performance outlook crushes expectationsBreakfast | AI concerns compounded by CPI uncertainty, U.S. stocks and commodities fall together, risk aversion sentiment risesZhitong Hong Kong Stock Early Knowledge | The National Film Administration and the Ministry of Commerce organize the "Film +" comprehensive consumption pilot project, precious metals plummet significantlyAI panic spreads, tech stocks drag down US stocks again, real estate stocks suffer heavy losses for consecutive days, Apple evaporates $200 billion in one dayNVIDIA's 16-year lease agreement boosts data center bond issuance, as the AI infrastructure lending boom shifts to the "junk bond" marketInstitution: China's smartphone sales in January fell by 23% year-on-year, while Apple grew against the trendInterest costs are consuming fiscal space Analysts: US Treasury yields are being "artificially elevated"February 13th, Top 20 U.S. Stock Trading Volumes: Cisco Plummets 12.3%, Rising Memory Prices Pressure Its PerformanceGold and silver plummeted on Thursday, triggered by algorithmic trading sell-offs due to a sharp decline in U.S. stocks?North American sales are recovering, but comparable sales growth is below expectations; L'Oréal S.A. sees the largest intraday drop in nearly 6 years | Earnings Report InsightsThe 30-year U.S. Treasury yield fell by 8 basis pointsThe ultimate test scores have reached a new high, Google Gemini 3 has undergone a major upgrade in its deep thinking model, targeting scientific research and engineering applicationsWith supply surging and demand growth slowing, global crude oil inventory increases in 2025 reach the highest level since 2020