NVIDIA's earnings announcement is imminent, and market opinions are dividedNVIDIA's earnings report is approaching, and Citigroup has given a relatively optimistic forward-looking judgment. The AI inference roadmap may become a new catalystThe stock price correction is unreasonable! Renowned technology analyst Dan Ives strongly supports Apple maintaining an "outperform" ratingGlobal news you need to know before the U.S. stock market opens on TuesdayThe US dollar index has risen for two consecutive days: Expectations of a Federal Reserve rate cut are being questioned, and hedge funds are reducing short positionsArtificial intelligence is amplifying Google's and the metaverse's leading advantages in the advertising field$1.3 trillion "AI Disillusionment": Microsoft and Amazon lead the decline, investors are no longer buying into the visionBHP's profits soared by 30%, with copper business surpassing iron ore for the first time as the largest source of profit“Long energy + Short consumer discretionary” – The pairing trade combination that is currently popular on Wall Street"The Big Short" predicts another "DeepSeek Impact"The most bearish outlook on the dollar in a decade! Institutions flock to hedge dollar positionsU.S. stock market closed, tech stocks dragged down European stock rebound, gold lost "Chinese momentum" and fell below $5,000, and the RMB rose above 6.89February 17th External Headlines: US stock market closed; Apple Podcasts launches new video feature; Product launch event on March 4th; SpaceX to participate in autonomous drone competitionApple will hold a product launch event on March 4th, and a new Mac is about to debutDialogue with Jiang Zheyuan, founder of Songyan Power: From appearing on the Spring Festival Gala to "seeking scale"Trump's trade advisor: The government may force data center builders like Meta to "internalize" costsAlibaba releases Qianwen 3.5, performance comparable to Gemini 3, Token price only 1/18 of itMorgan Stanley: AI is a capital expenditure black hole, with risks spreading to the credit marketThe Year of the Snake concludes with Hong Kong stocks rising, the non-ferrous sector surging, MINIMAX-WP skyrocketing by 24%, and KNOWLEDGE ATLAS increasing by 4.74%, both reaching new highsReturning to growth but still weak, Japan's Q4 GDP for 2025 annualized quarterly rate is 0.2%, below expectations, supported by expansionary fiscal policyHong Kong Stock Review: Hong Kong Stocks CloseBank of America Hartnett: "AI Disruptive Trading" Accelerates Spread, Once Tech Giants Cut Spending, It Will Trigger a "Rotation Tsunami" in US StocksStorage giant's quarterly report "Five Key Points": Current cycle strength surpasses the 2017-18 "cloud boom cycle"Cathay Securities: Non-farm Payrolls and CPI Tug-of-war, Dollar Slightly RetreatsOn February 16th, XIAOMI-W spent approximately HKD 54.7041 million to repurchase 1.5 million sharesReminder: Please pay close attention to the following (all times are in Beijing time)Insiders in the AI circle: Something bigger than COVID-19 is happening, and people are still unawareAt the beginning of the new year, how to view the appreciation of the RMB?Hedging mode! Morgan Stanley: The market has started buying US TreasuriesUnderstanding the market | Non-ferrous metal stocks lead the gains, JIANGXI COPPER up over 5%, SD GOLD up over 4%On the last trading day of the Year of the Snake, the Hang Seng Index opened down 0.25%, KNOWLEDGE ATLAS rose 7.6%, and MINIMAX-WP increased by 2.9%Current Status of US Stock Earnings Calls: Discussion on "AI Risks" Doubles, Companies Must "Prove Their Innocence," Investors "Sell First, Ask Questions Later"Wall Street returns to the "Golden Age": The annual salaries of the heads of the six major banks exceed 40 million, setting a new high since the 2008 crisisThe Japanese stock market frenzy cannot hide the turmoil in bonds and currencies. Is "high market trading" an opportunity or a trap?Stanford expert: The U.S. is entering the "AI harvest period," with productivity growth expected to double to 2.7% by 2025In-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."