In-depth interview with the founder of Stratechery: Warning of a "chip shortage" in 2029, the SaaS model will come to an end, and advertising is the ultimate business loop for AIThe last time the argument of "software is doomed" occurred was 10 years ago. What happened afterward?Sheng Songcheng: Lowering the reserve requirement ratio is better than lowering interest rates, and monetary policy should adopt a "small step" approach"SaaS is dead, SaaS is here"! Altman predicts the era of "all AI companies" has begunAfter the earnings report, the market value of the four major cloud providers in the U.S. evaporated by $1 trillion, and the market is even seeking to hedge against "big company risks."$60 per thousand impressions! OpenAI opens the curtain on "AI advertising" with high pricesSpring Festival Week Heavy Preview: The Federal Reserve's Favorite Inflation Indicator, DeepSeek V4 May Be ReleasedEven if investors crash the stock price, the 200 billion dollars must be "burned," Amazon needs to "reorganize its flag"GUOSHENG SECURITIES: The game of growth resilience and inflation stickiness continues; after May, the Federal Reserve's policy space may see a turning pointThe market narrative battle affecting trillions of capital: on one side is "AI disrupts everything," and on the other side is "AI returns are not sufficient."CITIC Securities: The U.S. shifts to "re-inflation," focusing on the interconnection of major asset classes under the global liquidity "tide."Meta plans to add facial recognition features to smart glassesBold predictions from Wall Street: To hedge against the labor shortage, Waller may tolerate inflation of 2.5%-3.5%!What has happened in the Japanese market recently?China Merchants Securities: U.S. core inflation is stubborn, doubts remain about energy downturn, and the timing of interest rate cuts is still a mysteryMercedes-Benz China changes leadership, bidding farewell to the "Duan Jianjun era"Is the U.S. considering lowering steel and aluminum tariffs? What does this mean for metals?The State Administration for Market Regulation interviewed platform companies such as Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash SaleQunhe Technology has obtained overseas filing, and the first listed company among the "Six Little Dragons of Hangzhou" is approachingThis week, the wolf of "AI disrupts everything" has finally arrivedAnthropic's leader in a major interview: AI is at the tail end of exponential growth, and in 2026, we will welcome the "genius nation in data centers," with revenue skyrocketing at a speed of 10 timesHow to understand the global market at the beginning of the year? "Affordability" is the overarching narrative for 2026: "Main Street" needs to win once, the AI narrative is undergoing a major change, and the yen is the "key."The father of OpenClaw reveals shocking news: Meta and OpenAI are desperately trying to poach talent, with Zuckerberg personally seeking an acquisition"We are witnessing a wave of AI creative destruction sweeping across various industries globally"! Goldman Sachs partner: Essentially, this is a "moat check."New "Subprime Crisis"? The "Software Industry Loan Exposure" of US PE is Larger than ReportedEnergy, essential consumer goods, and U.S. Treasuries lead the way in 2026! Wall Street's "AI trading" has been "disrupted" by AI"Deposit migration" accelerates - The difference between the growth rate of household deposits and M2 growth rate turns negative for the first time in 7 and a half yearsAfter Microsoft, Amazon becomes the second of the "Seven Giants" to fall into a bear market, the next one may be this companyAmid 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 InsightsFormer JP Morgan Chief Strategist: If a giant announces "a pause in capital expenditures"Overnight U.S. Stocks | Three Major Indices Closed Lower This Week, Bitcoin Concept Stocks Rebounded SignificantlyNVIDIA falls, AMD rises, the culprit may be Arista Networks?Chicago Federal Reserve President: Inflation is still "stuck at 3%" and the prerequisites for the Federal Reserve to cut interest rates have not been metCitigroup's Q4 13F disclosure: NVIDIA is the largest holding, significantly reducing its position in Bank of AmericaThe United States plans to impose a preliminary anti-dumping duty of 133% on Russian palladiumTrump claims he will visit Venezuela, Venezuela's oil revenue exceeds 1 billion dollars, and the United States will transfer funds to the Treasury accountGoldman Sachs launches "Anti-AI Impact" themed investment portfolio: go long on computing power and security, go short on replaceable software stocksThe two-year U.S. Treasury yield hit a new low since 2022 on the day the U.S. CPI inflation data was released, with medium- to long-term yields falling by about 16 basis points this weekSpaceX races towards IPO: plans to use a dual-class share structure and considers restructuring debt after merging with xAIHow does Wall Street view the January CPI? Inflation concerns take a breather, and the probability of three rate cuts this year rises to fifty percentSummary of Key Points on U.S. January CPI Inflation DataMeta plans to add facial recognition technology to smart glassesMeta and YouTube face "addiction" lawsuits