<p><img src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png"/></p>
<h2>早餐新闻：人工智能模型对决</h2>
<p>###2025 年 1 月 29 日</p>
<table>
<thead>
<tr>
<th>周二市场</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>标准普尔 500</strong><br/>6,068  (+0.92%)</td>
</tr>
<tr>
<td><strong>纳斯达克</strong><br/>19,734 (+2.03%)</td>
</tr>
<tr>
<td><strong>道琼斯</strong><br/>44,850 (+0.31%)</td>
</tr>
<tr>
<td><strong>比特币</strong><br/>$101,153 (-0.16%)</td>
</tr>
</tbody>
</table>
<p><img src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/679a10007bbc89006511c8eb/original.png/query-MTczODE0OTg4Nw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/679a10007bbc89006511c8eb/original.png/query-MTczODE0OTg4Nw"/></p>
<p>来源：JesterAI 创建的图像。</p>
<h2>1. DeepSeek 审查</h2>
<p><strong>微软</strong>(MSFT 2.91%) 和 OpenAI 据报道正在调查 DeepSeek 是否通过不正当手段构建其新的人工智能应用。彭博社称，微软专家观察到有人正在 “从 OpenAI API 中提取大量数据”。</p>
<ul>
<li><strong>为什么这很重要：</strong> 如果属实，或许确实需要数十亿美元的投入来构建下一代人工智能技术。投资者将密切关注后续消息。</li>
<li><strong>不仅如此，阿里巴巴</strong>(BABA 6.71%) 周三推出了其最新的 Qwen 2.5-Max 人工智能模型，声称其性能超过 DeepSeek、GPT-4 和 Llama-3.1。与周一的下跌不同，纳斯达克期货今晨变化不大。</li>
</ul>
<h2>2. ASML 超越预期</h2>
<p><em>股票顾问</em> 推荐的 <strong>ASML Holding</strong>(ASML -0.98%) 发布的第四季度业绩超出预期，此前其股价在 DeepSeek 抛售后受到影响。净订单激增 169% 达到 71 亿欧元（74 亿美元），远超预期的 40 亿欧元。</p>
<ul>
<li><strong>“人工智能是我们行业增长的关键驱动力”：</strong> 首席执行官 Christophe Fouquet 表示，市场动态的变化 “带来了机遇和风险”。</li>
<li><strong>销售再创纪录：</strong> 年度净销售额达到 283 亿欧元（295 亿美元），而季度净利润 27 亿欧元（28 亿美元）超出预测的 26 亿欧元。</li>
</ul>
<h2>3. Mag 7 财报在收盘后开始发布</h2>
<p><em>隐藏的宝石</em> 推荐的 <strong>特斯拉</strong>(TSLA 0.24%) 报告第四季度前创下 495,570 辆的季度交付记录，并预计 2025 年将增加 20% 至 30% 的车辆。下半年预计推出的更实惠车型可能是关键。</p>
<ul>
<li><strong>“2024 年是 Reality Labs 的关键一年”：</strong> 在 Business Insider 看到的一份内部备忘录中，<em>Rule Breakers</em> 推荐的 <strong>Meta Platforms</strong>(META 2.19%) 首席技术官 Andrew Bosworth 表示，穿戴设备和元宇宙部门 “几乎超越了去年的所有激进销售和用户目标。” 请关注基于 100,000 个 <strong>Nvidia</strong>(NVDA 8.93%) H100 芯片的下一代 Llama 4 人工智能计划。</li>
<li><strong>预计 Azure 收入在第二季度增长 31-32%：</strong> 微软预计其智能云业务的收入将达到 258 亿美元，Azure 平台是其核心。管理层希望在第二季度实现 100 亿美元的年收入运行率。</li>
</ul>
<h2>4. CrowdStrike 因完美评分而飙升</h2>
<p><strong>CrowdStrike</strong>(CRWD 9.35%) 的股价周二上涨 9.4%，创下历史新高，此前这家网络安全公司在最新的 SE Labs 勒索软件测试中获得了完美评分。</p>
<ul>
<li><strong>“2023 年勒索软件支付超过 10 亿美元”：</strong> Chainalysis 的一份报告显示，2022 年出现下滑后，这一趋势仍在持续。</li>
<li><strong>网络安全股上涨：</strong> <strong>Cloudflare</strong>(NET 10.68%)、<strong>Zscaler</strong>(ZS 7.03%) 和 <strong>Palo Alto Networks</strong>(PANW 1.92%) 均上涨，此前对 DeepSeek 的网络攻击导致注册暂停。</li>
</ul>
<h2>5. 接下来：美联储不会改变？</h2>
<p>美联储最新的为期两天的会议今天结束，CME FedWatch 工具显示没有进一步降息的概率为 99.5%。</p>
<ul>
<li><strong>“我会要求立即降息”：</strong> 特朗普总统希望迅速降息，但对美联储的决定没有权力。</li>
<li><strong>增长与通胀：</strong> 降息应能提振商业和股市，但可能会再次推高通胀。</li>
</ul>
<h2>6. 愚蠢的乐趣</h2>
<p>你如何将 LLMs 用作投资研究的一部分？例如，你是否有一个常用的提示来发现某个业务的风险或机会？与朋友和家人讨论，或者成为会员，听听其他投资者的看法！</p>

OpenAI

阿斯麦

<p>在最新的市场更新中，标准普尔 500 指数上涨了 0.92%，而纳斯达克指数上涨了 2.03%。微软和 OpenAI 正在调查 DeepSeek 是否存在潜在的数据滥用。ASML 的净订单量超过了第四季度的预期，增长了 169%。特斯拉报告了创纪录的汽车交付量，而 CrowdStrike 的股票在其在勒索软件测试中获得满分后大幅上涨。尽管特朗普总统呼吁降息，但预计美联储将维持利率不变。投资者密切关注人工智能和网络安全领域的发展</p>

<p><img src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png" alt="" original-src="https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png"/></p>
<h2>Breakfast News: AI Model Showdown</h2>
<div class="lb-trans"><h2>早餐新闻：人工智能模型对决</h2>
</div><h3>January 29, 2025</h3>
<div class="lb-trans"><p>###2025 年 1 月 29 日</p>
</div><table>
<thead>
<tr>
<th>Tuesday's Markets</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>S&amp;P 500</strong><br/>6,068  (+0.92%)</td>
</tr>
<tr>
<td><strong>Nasdaq</strong><br/>19,734 (+2.03%)</td>
</tr>
<tr>
<td><strong>Dow</strong><br/>44,850 (+0.31%)</td>
</tr>
<tr>
<td><strong>Bitcoin</strong><br/>$101,153 (-0.16%)</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>周二市场</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>标准普尔 500</strong><br/>6,068  (+0.92%)</td>
</tr>
<tr>
<td><strong>纳斯达克</strong><br/>19,734 (+2.03%)</td>
</tr>
<tr>
<td><strong>道琼斯</strong><br/>44,850 (+0.31%)</td>
</tr>
<tr>
<td><strong>比特币</strong><br/>$101,153 (-0.16%)</td>
</tr>
</tbody>
</table>
</div><p><img src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/679a10007bbc89006511c8eb/original.png/query-MTczODE0OTg4Nw" alt="" original-src="https://braze-images.com/appboy/communication/assets/image_assets/images/679a10007bbc89006511c8eb/original.png?1738149887"/></p>
<p>Source: Image created by JesterAI.</p>
<div class="lb-trans"><p>来源：JesterAI 创建的图像。</p>
</div><h2>1. DeepSeek Scrutiny</h2>
<div class="lb-trans"><h2>1. DeepSeek 审查</h2>
</div><p><strong>Microsoft</strong>(MSFT 2.91%) and OpenAI are reportedly investigating suspicions DeepSeek built its new AI app by the back door. Bloomberg says Microsoft experts observed individuals &#34;exfiltrating a large amount of data&#34; from the OpenAI API.</p>
<div class="lb-trans"><p><strong>微软</strong>(MSFT 2.91%) 和 OpenAI 据报道正在调查 DeepSeek 是否通过不正当手段构建其新的人工智能应用。彭博社称，微软专家观察到有人正在 “从 OpenAI API 中提取大量数据”。</p>
</div><ul>
<li><strong>Why it matters:</strong> If true, maybe billion-dollar spend really is needed to build next-generation AI technology. Investors will keenly await further news here.</li>
<li><strong>That's not all, folks: Alibaba</strong>(BABA 6.71%) launched its latest Qwen 2.5-Max AI model Wednesday, claiming it outperforms DeepSeek, GPT-4, and Llama-3.1. Unlike Monday's decline, Nasdaq futures are little changed this morning.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>为什么这很重要：</strong> 如果属实，或许确实需要数十亿美元的投入来构建下一代人工智能技术。投资者将密切关注后续消息。</li>
<li><strong>不仅如此，阿里巴巴</strong>(BABA 6.71%) 周三推出了其最新的 Qwen 2.5-Max 人工智能模型，声称其性能超过 DeepSeek、GPT-4 和 Llama-3.1。与周一的下跌不同，纳斯达克期货今晨变化不大。</li>
</ul>
</div><h2>2. ASML Smashes Forecasts</h2>
<div class="lb-trans"><h2>2. ASML 超越预期</h2>
</div><p><em>Stock Advisor</em> recommendation <strong>ASML Holding</strong>(ASML -0.98%) posted Q4 results ahead of expectations, after its stock price suffered in the wake of the DeepSeek sell-off. Net bookings soared 169% to 7.1 billion euros ($7.4 billion), crashing through the expected 4 billion euros.</p>
<div class="lb-trans"><p><em>股票顾问</em> 推荐的 <strong>ASML Holding</strong>(ASML -0.98%) 发布的第四季度业绩超出预期，此前其股价在 DeepSeek 抛售后受到影响。净订单激增 169% 达到 71 亿欧元（74 亿美元），远超预期的 40 亿欧元。</p>
</div><ul>
<li><strong>&#34;Artificial intelligence is the key driver for growth in our industry&#34;:</strong> CEO Christophe Fouquet said the shift in market dynamics &#34;creates both opportunities and risks.&#34;</li>
<li><strong>Another record year for sales:</strong> Annual net sales hit 28.3 billion euros ($29.5 billion), while 2.7 billion euros ($2.8 billion) in quarterly net profit beat the predicted 2.6 billion euros.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“人工智能是我们行业增长的关键驱动力”：</strong> 首席执行官 Christophe Fouquet 表示，市场动态的变化 “带来了机遇和风险”。</li>
<li><strong>销售再创纪录：</strong> 年度净销售额达到 283 亿欧元（295 亿美元），而季度净利润 27 亿欧元（28 亿美元）超出预测的 26 亿欧元。</li>
</ul>
</div><h2>3. Mag 7 Earnings Begin After the Closing Bell</h2>
<div class="lb-trans"><h2>3. Mag 7 财报在收盘后开始发布</h2>
</div><p><em>Hidden Gems</em> rec <strong>Tesla</strong>(TSLA 0.24%) reported a quarterly record of 495,570 vehicle deliveries ahead of Q4 earnings, and expects 20% to 30% more vehicles in 2025. More affordable models expected in the second half could be key.</p>
<div class="lb-trans"><p><em>隐藏的宝石</em> 推荐的 <strong>特斯拉</strong>(TSLA 0.24%) 报告第四季度前创下 495,570 辆的季度交付记录，并预计 2025 年将增加 20% 至 30% 的车辆。下半年预计推出的更实惠车型可能是关键。</p>
</div><ul>
<li><strong>&#34;2024 was a pivotal year for Reality Labs&#34;:</strong> In an internal memo seen by Business Insider, CTO Andrew Bosworth at <em>Rule Breakers</em> recommendation <strong>Meta Platforms</strong>(META 2.19%), said the Wearables and Metaverse division &#34;beat nearly all of last year's aggressive sales and user goals.&#34; Watch for next-generation Llama 4 AI plans, based on 100,000 <strong>Nvidia</strong>(NVDA 8.93%) H100 chips.</li>
<li><strong>Azure revenue expected to grow 31-32% in Q2:</strong> Microsoft is expected to report revenue of $25.8 billion from its intelligent cloud business, home to its Azure platform. Management is looking for $10 billion in annual revenue run rate in Q2.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“2024 年是 Reality Labs 的关键一年”：</strong> 在 Business Insider 看到的一份内部备忘录中，<em>Rule Breakers</em> 推荐的 <strong>Meta Platforms</strong>(META 2.19%) 首席技术官 Andrew Bosworth 表示，穿戴设备和元宇宙部门 “几乎超越了去年的所有激进销售和用户目标。” 请关注基于 100,000 个 <strong>Nvidia</strong>(NVDA 8.93%) H100 芯片的下一代 Llama 4 人工智能计划。</li>
<li><strong>预计 Azure 收入在第二季度增长 31-32%：</strong> 微软预计其智能云业务的收入将达到 258 亿美元，Azure 平台是其核心。管理层希望在第二季度实现 100 亿美元的年收入运行率。</li>
</ul>
</div><h2>4. CrowdStrike Soars on Perfect Score</h2>
<div class="lb-trans"><h2>4. CrowdStrike 因完美评分而飙升</h2>
</div><p><strong>CrowdStrike</strong>(CRWD 9.35%) stock jumped 9.4% Tuesday to reach an all-time high, after the cybersecurity company hit a perfect score on the latest SE Labs ransomware test.</p>
<div class="lb-trans"><p><strong>CrowdStrike</strong>(CRWD 9.35%) 的股价周二上涨 9.4%，创下历史新高，此前这家网络安全公司在最新的 SE Labs 勒索软件测试中获得了完美评分。</p>
</div><ul>
<li><strong>&#34;Ransomware Payments Exceed $1 Billion in 2023&#34;:</strong> A report from Chainalysis shows the upwards trend continuing after a dip in 2022.</li>
<li><strong>Cyber stocks rise:</strong> <strong>Cloudflare</strong>(NET 10.68%), <strong>Zscaler</strong>(ZS 7.03%) and <strong>Palo Alto Networks</strong>(PANW 1.92%) all gained, after cyberattacks on DeepSeek halted registrations.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“2023 年勒索软件支付超过 10 亿美元”：</strong> Chainalysis 的一份报告显示，2022 年出现下滑后，这一趋势仍在持续。</li>
<li><strong>网络安全股上涨：</strong> <strong>Cloudflare</strong>(NET 10.68%)、<strong>Zscaler</strong>(ZS 7.03%) 和 <strong>Palo Alto Networks</strong>(PANW 1.92%) 均上涨，此前对 DeepSeek 的网络攻击导致注册暂停。</li>
</ul>
</div><h2>5. Next Up: No Change at the Fed?</h2>
<div class="lb-trans"><h2>5. 接下来：美联储不会改变？</h2>
</div><p>The Federal Reserve's latest two-day meeting concludes today, with the CME FedWatch tool showing a 99.5% probability of no further interest rate cut.</p>
<div class="lb-trans"><p>美联储最新的为期两天的会议今天结束，CME FedWatch 工具显示没有进一步降息的概率为 99.5%。</p>
</div><ul>
<li><strong>&#34;I'll demand that interest rates drop immediately&#34;:</strong> President Trump wants quick cuts, but does not have authority over the Fed's decision.</li>
<li><strong>Growth vs inflation:</strong> Cuts should give business and stocks a boost, but could push inflation back up again.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“我会要求立即降息”：</strong> 特朗普总统希望迅速降息，但对美联储的决定没有权力。</li>
<li><strong>增长与通胀：</strong> 降息应能提振商业和股市，但可能会再次推高通胀。</li>
</ul>
</div><h2>6. Foolish Fun</h2>
<div class="lb-trans"><h2>6. 愚蠢的乐趣</h2>
</div><p>How do you use LLMs as part of your investment research? For example, do you have a go-to prompt to find out certain risks or opportunities for a business? Discuss with friends and family, or become a member to hear what your fellow Fools are saying!</p>
<div class="lb-trans"><p>你如何将 LLMs 用作投资研究的一部分？例如，你是否有一个常用的提示来发现某个业务的风险或机会？与朋友和家人讨论，或者成为会员，听听其他投资者的看法！</p>
</div>

Breakfast News: AI Model Showdown

- 微软和 OpenAI 正在调查 DeepSeek 的 AI 应用开发方式。  
- ASML 第四季度业绩超预期，净订单激增 169%。  
- 特斯拉交付创纪录，预计 2025 年交付量增长 20%-30%。  

早餐新闻：AI 模型对决