<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>早餐新聞：亞馬遜重啓 Alexa</h2>
<p>###2025 年 2 月 28 日</p>
<table>
<thead>
<tr>
<th>週四市場</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>標準普爾 500</strong><br/>5,862  (-1.59%)</td>
</tr>
<tr>
<td><strong>納斯達克</strong><br/>18,544 (-2.78%)</td>
</tr>
<tr>
<td><strong>道瓊斯</strong><br/>43,240 (-0.45%)</td>
</tr>
<tr>
<td><strong>比特幣</strong><br/>$84,051 (-0.56%)</td>
</tr>
</tbody>
</table>
<p><img src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/67c19c4466f8f900637e0053/original.png/query-MTc0MDc0MTY5OQ?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/67c19c4466f8f900637e0053/original.png/query-MTc0MDc0MTY5OQ"/></p>
<p>來源：JesterAI 製作的圖像。</p>
<h2>1. Alexa+ 提供現金牛潛力</h2>
<p><strong>亞馬遜</strong>(AMZN -2.62%) 首席執行官安迪·賈西確認 Alexa 將進行重大更新。通過提供 AI 增強功能，這可能使亞馬遜彌補與其他 AI 聊天機器人的差距。</p>
<ul>
<li><strong>“我認為這是一個可持續的商業模式”：</strong> 賈西相信這些變化將幫助客户重新激發興趣，從而提升訂閲和在線購物的收入。Alexa+ 的月費為 19.99 美元，年費 Prime 會員將免費獲得更新。</li>
<li><strong>Alexa+ 將包括大型語言模型和自主能力：</strong> Alexa 的全面升級將能夠幫助用户完成更復雜的任務，例如僱人修理烤箱，但由於原始軟件與 AI 增強功能不兼容，升級所需時間比預期更長。</li>
</ul>
<h2>2. 你可能錯過的週四新聞</h2>
<p><strong>火箭實驗室</strong>(RKLB -6.68%) 在市場收盤後下跌超過 12%，儘管發佈了創紀錄的收入。投資者對第一季度的失望前景以及持續高運營成本表示擔憂。</p>
<ul>
<li><strong>“我們增強的平台獨特地定位於服務金融科技和嵌入式金融”：</strong> <em>Rule Breakers</em> 推薦的 <strong>Marqeta</strong>(MQ 21.08%) 以樂觀的 2025 年預測上漲 21%。第四季度的總處理量同比增長 29%，顯示出強勁的客户活動。</li>
<li><strong>“第四季度極具事件性”：</strong> <strong>Nebius Group</strong>(NBIS -10.92%) 昨天再跌 11%，使得財報後的拋售加劇。該股在首席執行官描述其為極具事件性的季度後，收入疲軟和年度經常性收入下降，難以找到支撐。</li>
</ul>
<h2>3. 週五關注事項</h2>
<p>美聯儲首選的通脹指標，核心個人消費支出（PCE），今天發佈。預計 1 月份數據同比增長 2.6%，低於上個月的 2.8%。</p>
<ul>
<li><strong>CME FedWatch 顯示 6 月降息的概率為 54.3%：</strong> 由於 1 月份的消費者價格通脹達到自去年 6 月以來的最高水平，核心 PCE 的輕微下降將使其達到自 6 月以來的_最低_水平。降低通脹是美聯儲的關鍵任務，因此核心 PCE 的下降可能有助於支持降息。</li>
<li><strong>關於擬議合併的更新：</strong> <strong>FuboTV</strong> (NYSE:FUBO) 計劃在市場開盤前發佈季度財報。關注訂閲者增長和流失率，以及對其與 <strong>Disney</strong> (NYSE:DIS) 的 Hulu + Live TV 業務最近臨時交易進展的任何評論。</li>
</ul>
<h2>4. 巴菲特的市場預測時間考驗路線圖</h2>
<p>在 1999 年互聯網繁榮的高峰期，標準普爾 500 指數接近連續第四年 20% 以上回報的尾聲，其運營收益市盈率約為 27 倍到 28 倍。如今，受 AI 推動的市場在過去四年中有三年享受了 20% 以上的回報，而標準普爾 500 的滯後運營收益市盈率為 25 倍到 26 倍。作為未來的路線圖，Fool 分析師比爾·巴克認為，沃倫·巴菲特 1999 年的路線圖值得重新審視，並在當今背景下進行分析。</p>
<ul>
<li><strong>“他對未來回報的預測幾乎是你所能希望的最準確”：</strong> 巴菲特選擇了一個 17 年的時間段，並假設在考慮 2% 通脹後，實際回報可能為 4%。他預言如果回報不是 5%（在顧問費用後為 4%），那麼低於或高於的可能性是一樣的。到 2016 年，接下來的 17 年年化實際回報為 2.6%。</li>
<li><strong>“巴菲特的公式似乎對耐心投資者預測數十年回報更有用，而不是你所看到的大多數東西”：</strong> 巴菲特將之前市場回報膨脹（1981-1998 年每年 19%）歸因於兩個因素：利率變動和利潤率改善。現在，利率基本回到了 1999 年的水平，而整體估值則_略微_降低...</li>
</ul>
<h2>5. 愚蠢的樂趣</h2>
<p>你個人如何應對市場噪音？與朋友和家人討論以相互學習！</p>

亞馬遜

<p>亞馬遜首席執行官安迪·賈西宣佈了 Alexa 的重大更新，推出了帶有人工智能增強功能的 Alexa+，旨在通過訂閲和在線購物提升收入。該服務的月費為 19.99 美元，年費會員可免費使用。同時，儘管 Rocket Lab 創下了創紀錄的收入，但由於前景令人失望，其股票下跌；而 Marqeta 的股票因樂觀的預測而大幅上漲。核心個人消費支出（PCE）通脹數據即將發佈，預計將有所下降，這可能會影響利率的調整。此外，沃倫·巴菲特的市場預測在當前趨勢下再次被提及</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: Amazon Reboots Alexa</h2>
<div class="lb-trans"><h2>早餐新聞：亞馬遜重啓 Alexa</h2>
</div><h3>February 28, 2025</h3>
<div class="lb-trans"><p>###2025 年 2 月 28 日</p>
</div><table>
<thead>
<tr>
<th>Thursday's Markets</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>S&amp;P 500</strong><br/>5,862  (-1.59%)</td>
</tr>
<tr>
<td><strong>Nasdaq</strong><br/>18,544 (-2.78%)</td>
</tr>
<tr>
<td><strong>Dow</strong><br/>43,240 (-0.45%)</td>
</tr>
<tr>
<td><strong>Bitcoin</strong><br/>$84,051 (-0.56%)</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>週四市場</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>標準普爾 500</strong><br/>5,862  (-1.59%)</td>
</tr>
<tr>
<td><strong>納斯達克</strong><br/>18,544 (-2.78%)</td>
</tr>
<tr>
<td><strong>道瓊斯</strong><br/>43,240 (-0.45%)</td>
</tr>
<tr>
<td><strong>比特幣</strong><br/>$84,051 (-0.56%)</td>
</tr>
</tbody>
</table>
</div><p><img src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/67c19c4466f8f900637e0053/original.png/query-MTc0MDc0MTY5OQ" alt="" original-src="https://braze-images.com/appboy/communication/assets/image_assets/images/67c19c4466f8f900637e0053/original.png?1740741699"/></p>
<p>Source: Image created by JesterAI.</p>
<div class="lb-trans"><p>來源：JesterAI 製作的圖像。</p>
</div><h2>1. Alexa+ Provides Cash Cow Potential</h2>
<div class="lb-trans"><h2>1. Alexa+ 提供現金牛潛力</h2>
</div><p><strong>Amazon</strong>(AMZN -2.62%) CEO Andy Jassy confirmed Alexa would be getting a major update. In providing AI enhancements, it could enable Amazon to make up lost ground to other AI chatbots.</p>
<div class="lb-trans"><p><strong>亞馬遜</strong>(AMZN -2.62%) 首席執行官安迪·賈西確認 Alexa 將進行重大更新。通過提供 AI 增強功能，這可能使亞馬遜彌補與其他 AI 聊天機器人的差距。</p>
</div><ul>
<li><strong>&#34;I think there's a sustainable business model&#34;:</strong> Jassy believes the changes will help get clients excited again, helping to boost revenue from subscriptions and online shopping. Alexa+ will cost $19.99 a month, though annual Prime members will get the update for free.</li>
<li><strong>Alexa+ to include LLMs and agentic capabilities:</strong> The overhaul of Alexa, which will be able to help users complete more complicated tasks such as hiring someone to fix an oven, has taken longer than expected as the original software wasn't compatible with AI enhancements.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“我認為這是一個可持續的商業模式”：</strong> 賈西相信這些變化將幫助客户重新激發興趣，從而提升訂閲和在線購物的收入。Alexa+ 的月費為 19.99 美元，年費 Prime 會員將免費獲得更新。</li>
<li><strong>Alexa+ 將包括大型語言模型和自主能力：</strong> Alexa 的全面升級將能夠幫助用户完成更復雜的任務，例如僱人修理烤箱，但由於原始軟件與 AI 增強功能不兼容，升級所需時間比預期更長。</li>
</ul>
</div><h2>2. What You Might've Missed on Thursday</h2>
<div class="lb-trans"><h2>2. 你可能錯過的週四新聞</h2>
</div><p><strong>Rocket Lab</strong>(RKLB -6.68%) dropped over 12% after the market closed despite posting record revenue. Investors were worried about the disappointing outlook for Q1, alongside concerns about continued high operating costs.</p>
<div class="lb-trans"><p><strong>火箭實驗室</strong>(RKLB -6.68%) 在市場收盤後下跌超過 12%，儘管發佈了創紀錄的收入。投資者對第一季度的失望前景以及持續高運營成本表示擔憂。</p>
</div><ul>
<li><strong>&#34;Our strengthened platform uniquely positions us to serve fintechs and embedded finance&#34;:</strong> <em>Rule Breakers</em> recommendation <strong>Marqeta</strong>(MQ 21.08%) rocketed 21% higher with an upbeat forecast for 2025. Total processing volume in Q4 jumped by 29% year over year, highlighting strong client activity.</li>
<li><strong>&#34;The fourth quarter was extremely eventful&#34;:</strong> A further 11% drop in <strong>Nebius Group</strong>(NBIS -10.92%) yesterday saw the post-earnings sell-off intensify. The stock has struggled to find support after the CEO described it as an eventful quarter, posting weak revenue and a decline in annual recurring revenue.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“我們增強的平台獨特地定位於服務金融科技和嵌入式金融”：</strong> <em>Rule Breakers</em> 推薦的 <strong>Marqeta</strong>(MQ 21.08%) 以樂觀的 2025 年預測上漲 21%。第四季度的總處理量同比增長 29%，顯示出強勁的客户活動。</li>
<li><strong>“第四季度極具事件性”：</strong> <strong>Nebius Group</strong>(NBIS -10.92%) 昨天再跌 11%，使得財報後的拋售加劇。該股在首席執行官描述其為極具事件性的季度後，收入疲軟和年度經常性收入下降，難以找到支撐。</li>
</ul>
</div><h2>3. What to Watch on Friday</h2>
<div class="lb-trans"><h2>3. 週五關注事項</h2>
</div><p>The preferred inflation gauge for the Federal Reserve, Core Personal Consumption Expenditures (PCE), gets released today. January data is forecasted for a year-over-year increase of 2.6%, a fall from the 2.8% figure last month.</p>
<div class="lb-trans"><p>美聯儲首選的通脹指標，核心個人消費支出（PCE），今天發佈。預計 1 月份數據同比增長 2.6%，低於上個月的 2.8%。</p>
</div><ul>
<li><strong>54.3% probability of a June rate cut from CME FedWatch:</strong> With headline Consumer Price Inflation for January at the highest level since last June, a tick lower in Core PCE would put it at the <em>lowest</em> level since June. Lower inflation is a key mandate for the Fed, so a fall in Core PCE could help to support interest rate cuts.</li>
<li><strong>Updates on proposed merger:</strong> <strong>FuboTV</strong> (NYSE:FUBO) is slated to release quarterly earnings before the market opens. Watch for the growth in subscribers and churn rate, plus any comments on the progress of its recent provisional deal with <strong>Disney</strong>'s (NYSE:DIS) Hulu + Live TV business.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>CME FedWatch 顯示 6 月降息的概率為 54.3%：</strong> 由於 1 月份的消費者價格通脹達到自去年 6 月以來的最高水平，核心 PCE 的輕微下降將使其達到自 6 月以來的_最低_水平。降低通脹是美聯儲的關鍵任務，因此核心 PCE 的下降可能有助於支持降息。</li>
<li><strong>關於擬議合併的更新：</strong> <strong>FuboTV</strong> (NYSE:FUBO) 計劃在市場開盤前發佈季度財報。關注訂閲者增長和流失率，以及對其與 <strong>Disney</strong> (NYSE:DIS) 的 Hulu + Live TV 業務最近臨時交易進展的任何評論。</li>
</ul>
</div><h2>4. Buffett's Time-Tested Road Map for Predicting the Market</h2>
<div class="lb-trans"><h2>4. 巴菲特的市場預測時間考驗路線圖</h2>
</div><p>At the height of the internet boom in 1999, the S&amp;P 500 was nearing the end of its fourth consecutive year of 20%+ returns, and its operating earnings P/E was about 27x to 28x. Today's AI-fueled market has enjoyed returns of 20%+ in three out of the last four years, while trailing operating earnings for the S&amp;P 500 are at 25x to 26x. As a road map for the future, Fool analyst Bill Barker believes Warren Buffett's 1999 road map is worth revisiting and examining in the context of today.</p>
<div class="lb-trans"><p>在 1999 年互聯網繁榮的高峰期，標準普爾 500 指數接近連續第四年 20% 以上回報的尾聲，其運營收益市盈率約為 27 倍到 28 倍。如今，受 AI 推動的市場在過去四年中有三年享受了 20% 以上的回報，而標準普爾 500 的滯後運營收益市盈率為 25 倍到 26 倍。作為未來的路線圖，Fool 分析師比爾·巴克認為，沃倫·巴菲特 1999 年的路線圖值得重新審視，並在當今背景下進行分析。</p>
</div><ul>
<li><strong>&#34;His forecast of likely future returns was about as accurate as you could possibly hope for&#34;:</strong> Buffett chose a 17-year period ahead and posited likely returns of being 4% in real terms after factoring in 2% inflation. He hedged that if the returns weren't 5% real (4% after advisor costs), they were as likely to be lower as higher. Through 2016, the next 17 years saw 2.6% annualized real returns.</li>
<li><strong>&#34;Buffett's equation appears far more useful for predicting multiple-decade returns to patient investors than most things you'll see&#34;:</strong> Buffett largely attributed the prior period of inflated market returns (19% per year, 1981-1998) to two factors: interest rate movement and profit margin improvement. Now, interest rates have now returned to essentially the levels of 1999, while valuations as a whole are <em>very slightly</em> less elevated...</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“他對未來回報的預測幾乎是你所能希望的最準確”：</strong> 巴菲特選擇了一個 17 年的時間段，並假設在考慮 2% 通脹後，實際回報可能為 4%。他預言如果回報不是 5%（在顧問費用後為 4%），那麼低於或高於的可能性是一樣的。到 2016 年，接下來的 17 年年化實際回報為 2.6%。</li>
<li><strong>“巴菲特的公式似乎對耐心投資者預測數十年回報更有用，而不是你所看到的大多數東西”：</strong> 巴菲特將之前市場回報膨脹（1981-1998 年每年 19%）歸因於兩個因素：利率變動和利潤率改善。現在，利率基本回到了 1999 年的水平，而整體估值則_略微_降低...</li>
</ul>
</div><h2>5. Foolish Fun</h2>
<div class="lb-trans"><h2>5. 愚蠢的樂趣</h2>
</div><p>What's your personal strategy for tuning out market noise? Discuss with friends and family to learn from each other!</p>
<div class="lb-trans"><p>你個人如何應對市場噪音？與朋友和家人討論以相互學習！</p>
</div>

Breakfast News: Amazon Reboots Alexa

- 亞馬遜 CEO 安迪·賈西確認 Alexa 將進行重大更新，推出 Alexa+ 訂閲服務。  
- Rocket Lab 儘管創收創新高，但因 Q1 前景不佳股價下跌超 12%。  
- 今日將發佈核心個人消費支出數據，預計同比增長 2.6%。  

早餐新聞：亞馬遜重新啓動 Alexa