陈长春的个人主页 - 老虎社区

陈长春

陈长春

自由职业者

IP属地：江苏

37关注

0粉丝

3主题

0勋章

2025-05-09

完全同意

摩根士丹利：特斯拉是“AI+制造业”的最完美融合标的

05-19

，

“财报魔咒”难破？英伟达股价绩前回调，期权多头艰难闯关

2025-10-27

说说你对这篇新闻的看法...

量子计算怎么一下子成了“国家安全”下一个战场？

2025-07-07

我反对，马斯克应该把他的精力放在他的企业上

2025-07-03

暗盘长15%

2025-06-11

可以的

2025-06-05

感觉有点不妙

2025-03-05

英伟达和特斯拉长期投资应该都好[微笑]

06-29

说说你对这篇新闻的看法...

美伊同意停止互袭 30日在多哈继续谈判

2025-04-17

$台积电(TSM)$ 技术遥遥领先长期看好

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3556584785566429","uuid":"3556584785566429","gmtCreate":1593490762779,"gmtModify":1676018315940,"name":"陈长春","pinyin":"cccchenchangchun","introduction":"","introductionEn":"","signature":"自由职业者","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":37,"tweetSize":15,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":3,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.12.22","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-2","templateUuid":"35ec162348d5460f88c959321e554969","name":"宗师交易员","description":"证券或期货账户累计交易次数达到100次","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.11","exceedPercentage":"80.90%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.95%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"02aa7f16703b4ce4ace6f1a7665789cc-2","templateUuid":"02aa7f16703b4ce4ace6f1a7665789cc","name":"知识探索家","description":"观看学堂课程满20节","bigImgUrl":"https://static.tigerbbs.com/63cc10a4789c3eaa019b225a55136cf9","smallImgUrl":"https://static.tigerbbs.com/b1f0cbf3ae1b0a4593ddb3434df74ce0","grayImgUrl":null,"redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.05","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":2006,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":6,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":6,"crmLevelSwitch":0,"location":"江苏","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":1,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":580235390222928,"gmtCreate":1782689202559,"gmtModify":1782696888892,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"说说你对这篇新闻的看法...","listText":"说说你对这篇新闻的看法...","text":"说说你对这篇新闻的看法...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/580235390222928","repostId":"2647667349","repostType":2,"repost":{"id":"2647667349","kind":"live","pubTimestamp":1782688430,"share":"https://www.laohunote.com/m/news/2647667349?lang=zh_CN&edition=full","pubTime":"2026-06-29 07:13","market":"us","language":"zh","title":"美伊同意停止互袭 30日在多哈继续谈判","url":"https://stock-news.laohu8.com/highlight/detail?id=2647667349","media":"智通财经","summary":"据美国阿克西奥斯新闻网站28日报道，一名美国高级官员说，美国和伊朗已同意停止互相袭击，双方将于30日在卡塔尔首都多哈继续谈判，聚焦霍尔木兹海峡问题。","content":"<html><head></head><body><p style=\"text-align: left;\">据美国阿克西奥斯新闻网站28日报道，一名美国高级官员说，美国和伊朗已同意停止互相袭击，双方将于30日在卡塔尔首都多哈继续谈判，聚焦霍尔木兹海峡问题。</p></body></html>","source":"live_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>美伊同意停止互袭 30日在多哈继续谈判</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n美伊同意停止互袭 30日在多哈继续谈判\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-29 07:13 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.zhitongcaijing.com/immediately.html?type=usstock><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>据美国阿克西奥斯新闻网站28日报道，一名美国高级官员说，美国和伊朗已同意停止互相袭击，双方将于30日在卡塔尔首都多哈继续谈判，聚焦霍尔木兹海峡问题。</p>\n\n<a href=\"https://www.zhitongcaijing.com/immediately.html?type=usstock\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0bdcfca2f124e5dcec2d7fcb318d4a87","relate_stocks":{},"source_url":"https://www.zhitongcaijing.com/immediately.html?type=usstock","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2647667349","content_text":"据美国阿克西奥斯新闻网站28日报道，一名美国高级官员说，美国和伊朗已同意停止互相袭击，双方将于30日在卡塔尔首都多哈继续谈判，聚焦霍尔木兹海峡问题。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":565809741608560,"gmtCreate":1779171523740,"gmtModify":1779171525723,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"，","listText":"，","text":"，","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/565809741608560","repostId":"2636788575","repostType":2,"repost":{"id":"2636788575","kind":"news","pubTimestamp":1779160135,"share":"https://www.laohunote.com/m/news/2636788575?lang=zh_CN&edition=full","pubTime":"2026-05-19 11:08","market":"hk","language":"zh","title":"“财报魔咒”难破？英伟达股价绩前回调，期权多头艰难闯关","url":"https://stock-news.laohu8.com/highlight/detail?id=2636788575","media":"智通财经","summary":"智通财经APP获悉，本周市场目光聚焦AI巨头英伟达，公司将于5月20日(周三)美股盘后公布2027财年一季度财报。而在财报靴子落地前夕，英伟达股价大幅回调，多头陷入艰难的逆势博弈之中。英伟达股价周一走低，较上周四的高点下跌超过6.5%，这让英伟达期权交易者再度迎来艰难交易日，大批热门短期看涨合约价值再度大幅缩水甚至直接归零。截至周一收盘，英伟达跌1.33%，报222.32美元，年内股价累计上涨19%。","content":"<html><head></head><body><p>5月19日，本周市场目光聚焦AI巨头<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>，公司将于5月20日(周三)美股盘后公布2027财年一季度财报。作为牵动科技赛道乃至大盘走向的核心风向标，英伟达业绩早已超越个股范畴，左右全市场投资情绪。而在财报靴子落地前夕，英伟达股价大幅回调，多头陷入艰难的逆势博弈之中。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a0841c12cc269a47c0206643a60a4bf\" tg-width=\"560\" tg-height=\"240\" data-image-type=\"kline\"/></p><h2 id=\"id_2575675054\">英伟达股价绩前下跌，多头逆势布局</h2><p>期权交易圈流传着一句经典行话：“Sell a tiny, buy a Lamborghini”，直白来说就是“沽空微权合约，终提兰博基尼”。</p><p>这句话精准概括了一种高胜率的期权交易策略：交易者卖出价格低廉、行权希望渺茫的虚值期权，稳稳赚取权利金。日积月累，靠这类小额收益便能积攒可观利润。而与之相对的，就是接手这些廉价期权、最终血本无归的买方投资者。</p><p>而本周一英伟达的股价走势，正是这一交易逻辑最真实的写照。</p><p>英伟达股价周一走低，较上周四的高点下跌超过6.5%，这让英伟达期权交易者再度迎来艰难交易日，大批热门短期看涨合约价值再度大幅缩水甚至直接归零。</p><p>SpotGamma汇编的数据显示，截至周一中午，英伟达期权交易中超过15%的合约将于当日收盘时到期。其中最热门的合约包括行权价为225美元和222.5美元的看涨期权，交易量均超过22万张。令人唏嘘的是，这类合约上周五尚且处于实值盈利状态，仅仅一个交易日便因股价回调沦为废纸，一文不值。这与上周五的情况如出一辙，当时行权价为235美元的看涨期权、共计1.14亿美元权利金因英伟达股价回落而悉数蒸发，跟风押注的短线投资者损失惨重。</p><p>尽管股价持续走弱、短期期权频频“爆雷”，但多头并未投降。周一，英伟达期权交易量位居市场第五，仅次于基准股指和<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>，成交量超过300万份合约，期权总权利金规模突破13亿美元，其中看涨期权占比高达10亿美元。</p><p>根据 ThinkOrSwim 的数据，周一英伟达看涨期权的成交量是看跌期权的两倍多，但多数看涨期权以买一价或更低价位成交，这意味着这些看涨期权大概率是被投资者抛售，而非主动买入。</p><p>即便如此，市场中仍有坚定的多头力量在逆势布局。当日四笔超大额英伟达期权交易，均为多头资金大手笔买入本周五到期的高价实值看涨期权，单笔交易金额均不低于 1000 万美元。侧面反映出部分专业投资者依然看好英伟达财报表现，愿意押注业绩超预期带来的股价反弹。</p><p>根据<a href=\"https://laohu8.com/S/CBOE\">芝加哥期权交易所</a> (Cboe) LiveVol 的数据，交易者预计英伟达财报前后股价波动幅度可达6.25%，与通常预期基本持平，但高于3.2%的平均实际波动幅度。</p><p>对于当前手握看涨期权的投资者而言，局势尤为严峻。历史数据显示，英伟达近三次财报披露后股价均下跌，其中今年2月财报出炉后股价大跌5.5%，“财报魔咒”的阴影持续笼罩。多头想要在本次财报中逆风翻盘，难度可想而知。</p><h2 id=\"id_2879603981\">英伟达财报有多重要?</h2><p>归根结底，英伟达财报前夕的期权博弈，本质上是市场对AI龙头未来走势的分歧体现。</p><p>周三美股盘后，随着财报靴子的落地，这场多空博弈将迎来阶段性答案，而英伟达的业绩表现不仅影响自身股价，更将成为AI赛道以及整体科技股的“风向标”，引领后续行情走向。</p><p>市场普遍预期，英伟达第一季度每股收益(EPS)为1.76美元，营收为787.5亿美元，远高于该公司上年同期的0.96美元每股收益和440.6亿美元营收。数据中心业务收入有望达到728.5亿美元，远高于上年同期的391.1亿美元。</p><p>据报道，财报公布前夕，多家华尔街大行对英伟达持乐观看法并上调目标价：美国银行将英伟达目标价由300美元上调至320美元，<a href=\"https://laohu8.com/S/WFC\">富国银行</a>将目标价从265美元大幅上调至315美元;瑞银则将目标价从245美元上调至275美元;<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>将目标价由260美元上调至285美元。</p><p>值得注意的是，此前英伟达首席执行官黄仁勋随同美方高层完成访华行程，此次财报会上有关对华合作布局的言论将成为市场焦点。</p><p>此前有消息称，美方已批准<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/00700\">腾讯</a>、字节跳动等行业巨头采购英伟达H200系列芯片，该消息也一度推动英伟达股价创下历史新高，市值突破5.7万亿美元大关。</p><p>不过，瑞银分析师Tim Arcuri指出，近几个月来，投资者一直持谨慎态度，只有一份绝对出色的财报才能彻底提振市场信心。</p><p>截至周一收盘，英伟达跌1.33%，报222.32美元，年内股价累计上涨19%。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>“财报魔咒”难破？英伟达股价绩前回调，期权多头艰难闯关</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“财报魔咒”难破？英伟达股价绩前回调，期权多头艰难闯关\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-19 11:08 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1443257.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>5月19日，本周市场目光聚焦AI巨头英伟达，公司将于5月20日(周三)美股盘后公布2027财年一季度财报。作为牵动科技赛道乃至大盘走向的核心风向标，英伟达业绩早已超越个股范畴，左右全市场投资情绪。而在财报靴子落地前夕，英伟达股价大幅回调，多头陷入艰难的逆势博弈之中。英伟达股价绩前下跌，多头逆势布局期权交易圈流传着一句经典行话：“Sell a tiny, buy a Lamborghini”，直白...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1443257.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3f1c866c487eb9e101f73a62d4495ce9","relate_stocks":{"LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU2394011477.USD":"JPMORGAN CLIMATE CHANGE SOLUTIONS \"A\" (USD) ACC","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4141":"半导体产品","NVDA":"英伟达","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","LU0444971666.USD":"天利全球科技基金","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU1400636657.SGD":"Allianz Europe Income and Growth Cl AMg DIS H2-SGD","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","ANV":"GraniteShares Autocallable NVDA ETF","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","LU0882574139.USD":"富达环球消费行业基金A ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU0557290698.USD":"施罗德环球可持续增长基金","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","BK4503":"景林资产持仓","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","SG9999014559.SGD":"United Income Focus Trust Dis SGD","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","NVDO":"2倍上限加速NVDA ETF-Leverage Shares","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0080751232.USD":"富达环球多元动力基金A","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU0070217475.USD":"JPM GLOBAL SELECT EQUITY \"A\" ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU1821325948.USD":"NINETY ONE GSF GLOBAL MACRO ALLOCATION \"A\" (USD) ACC","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4592":"伊斯兰概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","DIPS":"做空NVDA期权收益策略ETF-YieldMax","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU1645745479.HKD":"ALLIANZ EUROPE INCOME AND GROWTH \"AM\" (HKDHDG) INC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","LU0347712357.USD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","BK4598":"佩洛西持仓","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IE0001KFT4U8.USD":"FTGF CLEARBRIDGE GLOBAL GROWTH LEADERS \"A\" (USD) INC","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","BK4605":"半导体精选","LU1202635105.USD":"ALLIANZ EUROPE INCOME AND GROWTH \"AM\" (USDHDG) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","BK4608":"AI应用概念股","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","BK4612":"AI芯片","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4614":"Manus概念股","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4579":"人工智能","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0109392836.USD":"富兰克林科技股A","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","LU0143551892.USD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A\" (USD) ACC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU2462591277.SGD":"TRP GLOBAL FOCUSED GROWTH EQUITY \"AN\" (SGDHDG) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU2954938101.SGD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A8P\" (SGD) INC","LU2999663052.SGD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A4P\" (SGD) INC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU2047632596.USD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"A\" (USD) ACC","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","LU2100268510.USD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"AX\" (USD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","LU3102509885.SGD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"A8P\" (SGDHDG) INC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","BK4588":"碎股","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2063271972.USD":"富兰克林创新领域基金","LU0174119429.USD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"A\" ACC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2462591350.SGD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"AN\" (SGDHDG) ACC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU1400636574.HKD":"ALLIANZ EUROPE INCOME AND GROWTH \"AMG\" (HKDHDG) INC","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4587":"ChatGPT概念","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","BK4567":"ESG概念","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","BK4585":"ETF&股票定投概念","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU2637965513.SGD":"BGF GLOBAL ALLOCATION \"A10\" (SGDHDG) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU0823414478.USD":"法巴经典能源转换基金","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","SG9999001424.SGD":"United E-Commerce Fund SGD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU1670756490.USD":"ALLIANZ EUROPE INCOME AND GROWTH \"AT\" (USDHDG) ACC","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","BK4543":"AI","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","07388":"南方两倍做空英伟达","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","BK4549":"软银资本持仓","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","BK4554":"元宇宙及AR概念","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","SG9999002232.USD":"Allianz Global High Payout USD","SG9999002224.SGD":"Allianz Global High Payout SGD","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU2083900584.USD":"HSBC GIF US INCOME FOCUSED \"AM2\" (USD) INC","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU1400636491.USD":"Allianz Europe Income and Growth Cl AMg DIS H2-USD","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","NVD":"2倍做空NVDA ETF-GraniteShares","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","NVDB":"ProShares Ultra NVDA ETF","BK4550":"红杉资本持仓","07788":"南方两倍做多英伟达","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","HK0000304805.HKD":"PICTET 战略收益基金 P类港元","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","NVDD":"1倍做空NVDA ETF-Direxion","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","HK0000304797.USD":"PICTET 战略收益基金 P类 美元","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4551":"寇图资本持仓","NVDG":"2倍做多NVDA ETF- Leverage Shares","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","NVDL":"2倍做多NVDA ETF-GraniteShares","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","NVDQ":"2倍做空NVDA ETF-T-Rex","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","NVDS":"1.5倍做空NVDA ETF-Tradr","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","NVDU":"2倍做多NVDA ETF-Direxion","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4529":"IDC概念","NVDW":"NVDA周配息ETF-Roundhill","LU0238689110.USD":"贝莱德环球动力股票基金","LU0072462426.USD":"贝莱德全球配置 A2","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","NVDX":"2倍做多NVDA ETF-T-Rex","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","NVDY":"NVDA期权收益策略ETF-YieldMax","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","HK0000819398.USD":"BLACKROCK PREMIER SYSTEMATIC GLOBAL EQUITY HIGH INCOME FUND A10 (USD)INC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU2860962120.EUR":"CPR INVEST - ARTIFICIAL INTELLIGENCE \"A2\" (EUR) ACC A","NVII":"Rex NVDA Growth & Income ETF","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","BK4527":"明星科技股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","HK0000532082.HKD":"ALLIANZ SELECTION INCOME AND GROWTH \"AM\" (HKD) INC","NVYY":"GraniteShares YieldBOOST NVDA ETF","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0861579265.USD":"联博低波幅策略股票基金A","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC"},"source_url":"http://www.zhitongcaijing.com/content/detail/1443257.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2636788575","content_text":"5月19日，本周市场目光聚焦AI巨头英伟达，公司将于5月20日(周三)美股盘后公布2027财年一季度财报。作为牵动科技赛道乃至大盘走向的核心风向标，英伟达业绩早已超越个股范畴，左右全市场投资情绪。而在财报靴子落地前夕，英伟达股价大幅回调，多头陷入艰难的逆势博弈之中。英伟达股价绩前下跌，多头逆势布局期权交易圈流传着一句经典行话：“Sell a tiny, buy a Lamborghini”，直白来说就是“沽空微权合约，终提兰博基尼”。这句话精准概括了一种高胜率的期权交易策略：交易者卖出价格低廉、行权希望渺茫的虚值期权，稳稳赚取权利金。日积月累，靠这类小额收益便能积攒可观利润。而与之相对的，就是接手这些廉价期权、最终血本无归的买方投资者。而本周一英伟达的股价走势，正是这一交易逻辑最真实的写照。英伟达股价周一走低，较上周四的高点下跌超过6.5%，这让英伟达期权交易者再度迎来艰难交易日，大批热门短期看涨合约价值再度大幅缩水甚至直接归零。SpotGamma汇编的数据显示，截至周一中午，英伟达期权交易中超过15%的合约将于当日收盘时到期。其中最热门的合约包括行权价为225美元和222.5美元的看涨期权，交易量均超过22万张。令人唏嘘的是，这类合约上周五尚且处于实值盈利状态，仅仅一个交易日便因股价回调沦为废纸，一文不值。这与上周五的情况如出一辙，当时行权价为235美元的看涨期权、共计1.14亿美元权利金因英伟达股价回落而悉数蒸发，跟风押注的短线投资者损失惨重。尽管股价持续走弱、短期期权频频“爆雷”，但多头并未投降。周一，英伟达期权交易量位居市场第五，仅次于基准股指和特斯拉，成交量超过300万份合约，期权总权利金规模突破13亿美元，其中看涨期权占比高达10亿美元。根据 ThinkOrSwim 的数据，周一英伟达看涨期权的成交量是看跌期权的两倍多，但多数看涨期权以买一价或更低价位成交，这意味着这些看涨期权大概率是被投资者抛售，而非主动买入。即便如此，市场中仍有坚定的多头力量在逆势布局。当日四笔超大额英伟达期权交易，均为多头资金大手笔买入本周五到期的高价实值看涨期权，单笔交易金额均不低于 1000 万美元。侧面反映出部分专业投资者依然看好英伟达财报表现，愿意押注业绩超预期带来的股价反弹。根据芝加哥期权交易所 (Cboe) LiveVol 的数据，交易者预计英伟达财报前后股价波动幅度可达6.25%，与通常预期基本持平，但高于3.2%的平均实际波动幅度。对于当前手握看涨期权的投资者而言，局势尤为严峻。历史数据显示，英伟达近三次财报披露后股价均下跌，其中今年2月财报出炉后股价大跌5.5%，“财报魔咒”的阴影持续笼罩。多头想要在本次财报中逆风翻盘，难度可想而知。英伟达财报有多重要?归根结底，英伟达财报前夕的期权博弈，本质上是市场对AI龙头未来走势的分歧体现。周三美股盘后，随着财报靴子的落地，这场多空博弈将迎来阶段性答案，而英伟达的业绩表现不仅影响自身股价，更将成为AI赛道以及整体科技股的“风向标”，引领后续行情走向。市场普遍预期，英伟达第一季度每股收益(EPS)为1.76美元，营收为787.5亿美元，远高于该公司上年同期的0.96美元每股收益和440.6亿美元营收。数据中心业务收入有望达到728.5亿美元，远高于上年同期的391.1亿美元。据报道，财报公布前夕，多家华尔街大行对英伟达持乐观看法并上调目标价：美国银行将英伟达目标价由300美元上调至320美元，富国银行将目标价从265美元大幅上调至315美元;瑞银则将目标价从245美元上调至275美元;摩根士丹利将目标价由260美元上调至285美元。值得注意的是，此前英伟达首席执行官黄仁勋随同美方高层完成访华行程，此次财报会上有关对华合作布局的言论将成为市场焦点。此前有消息称，美方已批准阿里巴巴、腾讯、字节跳动等行业巨头采购英伟达H200系列芯片，该消息也一度推动英伟达股价创下历史新高，市值突破5.7万亿美元大关。不过，瑞银分析师Tim Arcuri指出，近几个月来，投资者一直持谨慎态度，只有一份绝对出色的财报才能彻底提振市场信心。截至周一收盘，英伟达跌1.33%，报222.32美元，年内股价累计上涨19%。","news_type":1,"symbols_score_info":{"NVDB":0.6,"NVDQ":0.6,"NVDO":0.6,"NVDD":0.6,"07788":0.6,"NVDY":0.6,"NVYY":0.6,"NVDA":2,"NVDS":0.6,"NVD":0.6,"NVDX":0.6,"DIPS":0.6,"NVDL":0.6,"NVDW":0.6,"NVII":0.6,"07388":0.6,"ANV":0.6,"NVDU":0.6,"NVDG":0.6}},"isVote":1,"tweetType":1,"viewCount":870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":493625810018736,"gmtCreate":1761534979340,"gmtModify":1761534981495,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"说说你对这篇新闻的看法...","listText":"说说你对这篇新闻的看法...","text":"说说你对这篇新闻的看法...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/493625810018736","repostId":"2578627476","repostType":2,"repost":{"id":"2578627476","kind":"news","pubTimestamp":1761534006,"share":"https://www.laohunote.com/m/news/2578627476?lang=zh_CN&edition=full","pubTime":"2025-10-27 11:00","market":"us","language":"zh","title":"量子计算怎么一下子成了“国家安全”下一个战场？","url":"https://stock-news.laohu8.com/highlight/detail?id=2578627476","media":"华尔街见闻","summary":"美国主要上市量子计算公司IonQ等公司实现技术突破，业内预测3-5年内可达\"量子优势\"临界点。量子计算机能轻松破解现有加密体系，威胁政府、金融等关键领域安全。美国通过立法要求联邦机构升级抗量子加密，科技巨头与金融机构加速布局，这已成为继半导体后又一国家安全战场。","content":"<html><head></head><body><blockquote><p>美国主要上市量子计算公司IonQ等公司实现技术突破，业内预测3-5年内可达&#34;量子优势&#34;临界点。量子计算机能轻松破解现有加密体系，威胁政府、金融等关键领域安全。美国通过立法要求联邦机构升级抗量子加密，科技巨头与金融机构加速布局，这已成为继半导体后又一国家安全战场。</p></blockquote><p style=\"text-align: left;\">量子计算正迅速从实验室走向地缘政治博弈的中心。这项被业内人士预测最快五年内可能实现重大突破的技术，既能加速救命药物的研发，也能在瞬间破解所有数字加密系统。随着中美两国在该领域竞争加剧，量子技术已成为继半导体之后又一个国家安全关键赛道。</p><p style=\"text-align: left;\">日前，据华尔街日报消息，D-Wave Quantum Inc.、Rigetti Computing Inc.、IonQ Inc.和Quantum Computing Inc.等美国主要上市量子计算公司可能很快获得政府战略投资。尽管白宫随后否认正在与量子计算公司进行讨论，但这一消息已重新点燃市场对量子技术股的乐观情绪。</p><p style=\"text-align: left;\">报道称，随着IonQ宣布实现99.99%的门保真度突破，业内普遍认为距离&#34;量子优势&#34;这一关键拐点仅剩三至五年。<strong>技术临界点的迫近，正在将量子计算从学术话题转变为国家安全的紧迫议题。</strong></p><p style=\"text-align: left;\"><strong>而量子计算的国家安全意义核心在于其对现有加密体系的威胁。</strong>IonQ全球产业关系高级副总裁Marco Pistoia警告，未来&#34;对一个国家的攻击很可能是量子攻击，破解政府、银行或医疗机构的敏感通信&#34;。这促使各国政府加速布局后量子密码学，并将量子技术视为关键基础设施。</p><p style=\"text-align: left;\"><strong>同时，地缘政治因素正在为量子投资注入紧迫性。</strong>根据麦肯锡报告，中国已宣布在量子技术领域投入超153亿美元的政府资金，远超美国政府32亿美元的投资规模。美国银行研究所周四发布的报告指出，人工智能与量子计算的结合可能开启新的技术进步层级，AI加速量子发展，而量子为AI提供必要的计算能力。</p><h2 id=\"id_2103565059\" style=\"text-align: left;\">技术突破临近引发投资热潮</h2><p style=\"text-align: left;\">量子计算的商业化前景正在加速显现。Rigetti Computing首席执行官Subodh Kulkarni表示，业内普遍认为距离&#34;量子优势&#34;这一关键拐点还有三至五年，部分公司的预期更为激进。</p><p style=\"text-align: left;\">Kulkarni将量子优势定义为四个标准：<strong>至少1000个量子比特、至少99.9%的双量子比特门保真度、最多15纳秒的门速度以及某种形式的纠错能力</strong>。本周早些时候，IonQ宣布成为&#34;首家也是唯一一家&#34;实现99.99%双量子比特门保真度的量子计算公司。</p><p style=\"text-align: left;\">伊利诺伊大学香槟分校物理学教授Elizabeth Goldschmidt指出，传统计算机以0或1的二进制位存储信息，而量子计算机使用量子比特，利用亚原子物理规则同时处理多种状态的信息，这使其能够解决传统计算机无法处理的大规模优化问题。</p><p style=\"text-align: left;\">尽管Rigetti、D-Wave和Quantum Computing等公司股价在过去一年涨幅高达3100%，但这些公司仍未实现盈利，因为技术尚未达到商业化所需的规模和可行性。Informed Momentum Company首席投资官Travis Prentice表示：</p><blockquote><p style=\"text-align: left;\">&#34;技术进步相当迅速，股价表现大幅跑赢市场，但商业化收入何时到来仍不明朗。&#34;</p></blockquote><p style=\"text-align: left;\">Kulkarni预计，在实现量子优势后的八至十年内，将出现第二个拐点——容错量子计算的出现，届时量子计算机将能够以远超传统计算机的方式处理任何应用。</p><h2 id=\"id_1665884359\" style=\"text-align: left;\">加密破解能力成双刃剑</h2><p style=\"text-align: left;\">量子计算最令政府既兴奋又担忧的能力是其加密破解潜力。Kulkarni指出，传统计算机破解简单的128位加密需要一千年，因为涉及多个可同时变化的变量。但量子计算机的设计使其在解决近乎不可能的加密问题上具有优势。</p><p style=\"text-align: left;\">目前大多数信息使用128位加密，但Kulkarni认为量子计算机甚至能破解军方等高级组织使用的最安全版本AES-256加密。这种加密依赖同一密钥进行加密和解密，其安全性建立在传统计算机难以破解密钥的基础上。</p><p style=\"text-align: left;\">&#34;当政府被黑客攻击时，加密和解密密钥保护着被盗数据，&#34;Kulkarni说。&#34;担忧在于，一旦量子计算机能够相对轻松地破解加密密钥，这些数据将完全向任何人开放。这就是各国政府感兴趣和担忧的原因。&#34;</p><p style=\"text-align: left;\">IonQ行业关系高级副总裁Marco Pistoia表示，未来&#34;对一个国家的攻击很可能是量子攻击，解密政府、银行或医疗机构的敏感通信&#34;。这一威胁促使拜登政府签署了《量子计算网络安全准备法案》，要求联邦机构将脆弱系统迁移至抗量子加密技术。</p><h2 id=\"id_3612305297\" style=\"text-align: left;\">政府与企业加速布局</h2><p style=\"text-align: left;\">量子技术并非美国政府的新关注点。</p><p style=\"text-align: left;\">2018年，特朗普在首个任期内签署了《国家量子倡议法案》，授权在五年内为量子研发提供12亿美元资金。拜登政府的2022年《芯片与科学法案》将量子技术列为关键基础设施领域，并提供额外资金支持。</p><p style=\"text-align: left;\"><strong>美国科技巨头也深度参与量子领域。</strong>周三，Alphabet Inc.旗下谷歌量子AI团队宣布，其Willow量子芯片在可重复实验中运行算法的速度比传统计算机快13000倍。英伟达公司一直在开发允许传统计算机执行量子控制功能的混合硬件，其企业风险投资部门战略性投资量子硬件公司。8月，IBM和AMD宣布合作探索量子计算与现有高性能计算的整合。</p><p style=\"text-align: left;\"><strong>金融机构也在行动。</strong>本月早些时候，摩根大通宣布了一项1.5万亿美元的计划，用于融资和投资&#34;对国家经济安全和韧性至关重要&#34;的行业，量子计算是其中之一。</p><p style=\"text-align: left;\">IonQ最近成立了专注于为美国政府和盟国机构提供量子服务的新业务部门。美国银行研究所周四发布的报告指出，<strong>人工智能与量子计算的结合可能释放新的技术进步水平，AI加速量子发展，而量子为AI提供必要的计算能力。</strong></p><p style=\"text-align: left;\">Kulkarni强调，量子计算不会取代传统计算机，而是与之共存。&#34;我们将世界视为一个混合系统，&#34;他说。就像CPU和GPU目前在数据中心协同工作为AI提供动力一样，未来量子处理单元将与芯片并列用于量子计算，处理数千个同时相互作用的变量——这正是CPU和GPU今天极难编程的领域。</p><p style=\"text-align: left;\">中美两国已成为量子计算领域的领导者，这场竞争与半导体和能源行业的较量如出一辙。据麦肯锡报告，中国已宣布为量子技术提供超过153亿美元的政府资金，远超美国政府的32亿美元投资。中国在政府资金投入上领先，美国在私营部门发展和量子专利总数上保持优势。</p><p style=\"text-align: left;\">曾在摩根大通担任全球量子计算负责人、此前在IBM从事量子研究的Pistoia认为，量子计算将对人类生活产生&#34;革命性影响&#34;。&#34;<strong>没有国家愿意在量子计算竞赛中落后</strong>，&#34;他说。</p></body></html>","source":"wallstreetcn_hot_news","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>量子计算怎么一下子成了“国家安全”下一个战场？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n量子计算怎么一下子成了“国家安全”下一个战场？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-27 11:00 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3757948><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>美国主要上市量子计算公司IonQ等公司实现技术突破，业内预测3-5年内可达\"量子优势\"临界点。量子计算机能轻松破解现有加密体系，威胁政府、金融等关键领域安全。美国通过立法要求联邦机构升级抗量子加密，科技巨头与金融机构加速布局，这已成为继半导体后又一国家安全战场。量子计算正迅速从实验室走向地缘政治博弈的中心。这项被业内人士预测最快五年内可能实现重大突破的技术，既能加速救命药物的研发，也能在瞬间破解...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3757948\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/795ae9c76f17dac24ea12836f4b725de","relate_stocks":{"QMCO":"昆腾","QTUM":"Defiance Quantum ETF","LAES":"SEALSQ Corp","RGTI":"Rigetti Computing","ARQQ":"Arqit Quantum Inc.","QUBT":"Quantum Computing Inc.","QBTS":"D-Wave Quantum Inc.","IONQ":"IONQ Inc."},"source_url":"https://wallstreetcn.com/articles/3757948","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2578627476","content_text":"美国主要上市量子计算公司IonQ等公司实现技术突破，业内预测3-5年内可达\"量子优势\"临界点。量子计算机能轻松破解现有加密体系，威胁政府、金融等关键领域安全。美国通过立法要求联邦机构升级抗量子加密，科技巨头与金融机构加速布局，这已成为继半导体后又一国家安全战场。量子计算正迅速从实验室走向地缘政治博弈的中心。这项被业内人士预测最快五年内可能实现重大突破的技术，既能加速救命药物的研发，也能在瞬间破解所有数字加密系统。随着中美两国在该领域竞争加剧，量子技术已成为继半导体之后又一个国家安全关键赛道。日前，据华尔街日报消息，D-Wave Quantum Inc.、Rigetti Computing Inc.、IonQ Inc.和Quantum Computing Inc.等美国主要上市量子计算公司可能很快获得政府战略投资。尽管白宫随后否认正在与量子计算公司进行讨论，但这一消息已重新点燃市场对量子技术股的乐观情绪。报道称，随着IonQ宣布实现99.99%的门保真度突破，业内普遍认为距离\"量子优势\"这一关键拐点仅剩三至五年。技术临界点的迫近，正在将量子计算从学术话题转变为国家安全的紧迫议题。而量子计算的国家安全意义核心在于其对现有加密体系的威胁。IonQ全球产业关系高级副总裁Marco Pistoia警告，未来\"对一个国家的攻击很可能是量子攻击，破解政府、银行或医疗机构的敏感通信\"。这促使各国政府加速布局后量子密码学，并将量子技术视为关键基础设施。同时，地缘政治因素正在为量子投资注入紧迫性。根据麦肯锡报告，中国已宣布在量子技术领域投入超153亿美元的政府资金，远超美国政府32亿美元的投资规模。美国银行研究所周四发布的报告指出，人工智能与量子计算的结合可能开启新的技术进步层级，AI加速量子发展，而量子为AI提供必要的计算能力。技术突破临近引发投资热潮量子计算的商业化前景正在加速显现。Rigetti Computing首席执行官Subodh Kulkarni表示，业内普遍认为距离\"量子优势\"这一关键拐点还有三至五年，部分公司的预期更为激进。Kulkarni将量子优势定义为四个标准：至少1000个量子比特、至少99.9%的双量子比特门保真度、最多15纳秒的门速度以及某种形式的纠错能力。本周早些时候，IonQ宣布成为\"首家也是唯一一家\"实现99.99%双量子比特门保真度的量子计算公司。伊利诺伊大学香槟分校物理学教授Elizabeth Goldschmidt指出，传统计算机以0或1的二进制位存储信息，而量子计算机使用量子比特，利用亚原子物理规则同时处理多种状态的信息，这使其能够解决传统计算机无法处理的大规模优化问题。尽管Rigetti、D-Wave和Quantum Computing等公司股价在过去一年涨幅高达3100%，但这些公司仍未实现盈利，因为技术尚未达到商业化所需的规模和可行性。Informed Momentum Company首席投资官Travis Prentice表示：\"技术进步相当迅速，股价表现大幅跑赢市场，但商业化收入何时到来仍不明朗。\"Kulkarni预计，在实现量子优势后的八至十年内，将出现第二个拐点——容错量子计算的出现，届时量子计算机将能够以远超传统计算机的方式处理任何应用。加密破解能力成双刃剑量子计算最令政府既兴奋又担忧的能力是其加密破解潜力。Kulkarni指出，传统计算机破解简单的128位加密需要一千年，因为涉及多个可同时变化的变量。但量子计算机的设计使其在解决近乎不可能的加密问题上具有优势。目前大多数信息使用128位加密，但Kulkarni认为量子计算机甚至能破解军方等高级组织使用的最安全版本AES-256加密。这种加密依赖同一密钥进行加密和解密，其安全性建立在传统计算机难以破解密钥的基础上。\"当政府被黑客攻击时，加密和解密密钥保护着被盗数据，\"Kulkarni说。\"担忧在于，一旦量子计算机能够相对轻松地破解加密密钥，这些数据将完全向任何人开放。这就是各国政府感兴趣和担忧的原因。\"IonQ行业关系高级副总裁Marco Pistoia表示，未来\"对一个国家的攻击很可能是量子攻击，解密政府、银行或医疗机构的敏感通信\"。这一威胁促使拜登政府签署了《量子计算网络安全准备法案》，要求联邦机构将脆弱系统迁移至抗量子加密技术。政府与企业加速布局量子技术并非美国政府的新关注点。2018年，特朗普在首个任期内签署了《国家量子倡议法案》，授权在五年内为量子研发提供12亿美元资金。拜登政府的2022年《芯片与科学法案》将量子技术列为关键基础设施领域，并提供额外资金支持。美国科技巨头也深度参与量子领域。周三，Alphabet Inc.旗下谷歌量子AI团队宣布，其Willow量子芯片在可重复实验中运行算法的速度比传统计算机快13000倍。英伟达公司一直在开发允许传统计算机执行量子控制功能的混合硬件，其企业风险投资部门战略性投资量子硬件公司。8月，IBM和AMD宣布合作探索量子计算与现有高性能计算的整合。金融机构也在行动。本月早些时候，摩根大通宣布了一项1.5万亿美元的计划，用于融资和投资\"对国家经济安全和韧性至关重要\"的行业，量子计算是其中之一。IonQ最近成立了专注于为美国政府和盟国机构提供量子服务的新业务部门。美国银行研究所周四发布的报告指出，人工智能与量子计算的结合可能释放新的技术进步水平，AI加速量子发展，而量子为AI提供必要的计算能力。Kulkarni强调，量子计算不会取代传统计算机，而是与之共存。\"我们将世界视为一个混合系统，\"他说。就像CPU和GPU目前在数据中心协同工作为AI提供动力一样，未来量子处理单元将与芯片并列用于量子计算，处理数千个同时相互作用的变量——这正是CPU和GPU今天极难编程的领域。中美两国已成为量子计算领域的领导者，这场竞争与半导体和能源行业的较量如出一辙。据麦肯锡报告，中国已宣布为量子技术提供超过153亿美元的政府资金，远超美国政府的32亿美元投资。中国在政府资金投入上领先，美国在私营部门发展和量子专利总数上保持优势。曾在摩根大通担任全球量子计算负责人、此前在IBM从事量子研究的Pistoia认为，量子计算将对人类生活产生\"革命性影响\"。\"没有国家愿意在量子计算竞赛中落后，\"他说。","news_type":1,"symbols_score_info":{"IONQ":1.1,"RGTI":1.1,"LAES":1.1,"QBTS":1.1,"QMCO":1.1,"QUBT":1.1,"QTUM":1.5,"ARQQ":1.1}},"isVote":1,"tweetType":1,"viewCount":2508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":454071261065512,"gmtCreate":1751879843320,"gmtModify":1751879845412,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"我反对，马斯克应该把他的精力放在他的企业上","listText":"我反对，马斯克应该把他的精力放在他的企业上","text":"我反对，马斯克应该把他的精力放在他的企业上","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/454071261065512","isVote":1,"tweetType":1,"viewCount":2432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":452702626792040,"gmtCreate":1751548299022,"gmtModify":1751548300970,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"暗盘长15%","listText":"暗盘长15%","text":"暗盘长15%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/452702626792040","isVote":1,"tweetType":1,"viewCount":2415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":444903093781224,"gmtCreate":1749640048972,"gmtModify":1749640050397,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"可以的","listText":"可以的","text":"可以的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/444903093781224","isVote":1,"tweetType":1,"viewCount":1548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":442814711849160,"gmtCreate":1749131396682,"gmtModify":1749131397808,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"感觉有点不妙","listText":"感觉有点不妙","text":"感觉有点不妙","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/442814711849160","isVote":1,"tweetType":1,"viewCount":2031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":432896070664968,"gmtCreate":1746720945539,"gmtModify":1746720947239,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"完全同意","listText":"完全同意","text":"完全同意","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/432896070664968","repostId":"1122066706","repostType":2,"repost":{"id":"1122066706","kind":"news","pubTimestamp":1746711772,"share":"https://www.laohunote.com/m/news/1122066706?lang=zh_CN&edition=full","pubTime":"2025-05-08 21:42","market":"us","language":"zh","title":"摩根士丹利：特斯拉是“AI+制造业”的最完美融合标的","url":"https://stock-news.laohu8.com/highlight/detail?id=1122066706","media":"智通财经网","summary":"“AI投资逻辑”近期在全球股票市场重新发酵。","content":"<html><head></head><body><p>周四，特斯拉盘初拉升涨超3.5%。大摩发布研报，认为特斯拉则是“AI+制造业”天作之合的最完美融合标的。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a670eb7db56fc77d080fec64a54390eb\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p>“AI投资逻辑”近期在全球股票市场重新发酵，或者说是AI这一自2023年以来全球范围内最热门投资主题重获全球资金聚焦与青睐，也是近年来持续深耕AI领域的电动汽车与自动驾驶霸主特斯拉股价反弹的重要逻辑。</p><p style=\"text-align: left;\"><strong>全球首富马斯克所掌舵的特斯拉基于人工智能超算体系打造出的愈发成熟完全无人驾驶版本FSD，以及基于FSD的Robotaxi完全无人自动驾驶出租车体系，使得特斯拉长期位列“热门AI概念股”。</strong>特斯拉持续向人工智能(AI)与人形机器人等前沿科技领域的多元化发展步伐，也是一些投资机构长期看涨特斯拉股价的核心逻辑。</p><p style=\"text-align: left;\">据了解，华尔街另一金融巨头<a href=\"https://laohu8.com/S/MS\" title=\"摩根士丹利\" class=\"\">摩根士丹利</a>(以下简称“大摩)近日发布的深度研究报告显示，人工智能与传统/高端制造业看似矛盾却极度完美的深度结合，有望驱动制造业长期低迷的美国开启制造业复兴模式，<strong>而特斯拉则堪称是“AI+制造业”天作之合的最完美融合标的。</strong></p><p style=\"text-align: left;\"><strong>大摩在这份研报中通过“六大维度护城河”框架解析特斯拉竞争优势，认为其强大的“人工智能+制造”扩张宏图是旗下电动汽车、FSD订阅以及Robotaxi的最核心竞争壁垒。</strong></p><p style=\"text-align: left;\">大摩分析师团队表示，人工智能的全球扩散使制造业回流美国成为必要;同时，人工智能的扩散也使制造业全面回流的可能性激增;就这样，人工智能既是美国，乃至全球制造业全面复兴的原因，也是其结果。大摩重申对于特斯拉股票的“增持”这一最乐观看涨评级，以及高达410美元的目标股价，并且特斯拉持续位列大摩的“首选股票”清单。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b75e7e7abd20767052d8e0818868eb6\" title=\"\" tg-width=\"1180\" tg-height=\"521\"/></p><h2 id=\"id_1321949295\" style=\"text-align: left;\">人工智能与制造业堪称“天作之合”! 特斯拉具备六大独家优势</h2><p style=\"text-align: left;\">大摩分析团队在研报中提到，“AI芯片霸主”英伟达首席执行官黄仁勋近期访问白宫，<strong>深刻揭示并强调了人工智能与传统/高端制造业之间看似奇特却绝对必不可少的重要关系</strong>。“黄仁勋先生5月1日即兴发表的关于美国制造业的言论很好地抓住了我们试图精准向投资者们传达的特斯拉相对优势的精髓，这些优势使得我们将特斯拉列入‘首选股票’清单。”大摩分析师团队在报告中写道。</p><p style=\"text-align: left;\">“<strong>黄仁勋先生的原话最能说明这一点：制造业不再关乎低成本制造模式。制造业关乎的是高科技本身。</strong>”</p><p style=\"text-align: left;\">“目前建设的这些大型AI超算系统，正是未来最先进的制造基地，大多数工厂都将是最先进的未来工厂。我们将使用人工智能、人形机器人以及沉浸式元宇宙数字孪生技术来打造未来式工厂。而且我们必须就在美国建设它。”</p><p style=\"text-align: left;\">“这一新产业本身也是制造业的一部分……(此处黄仁勋指向超级AI计算机)那就是一台工厂式的大型机器。”以上为大摩团队援引的黄仁勋在“投资于美国”会议上的重要讲话摘录。</p><p style=\"text-align: left;\">大摩分析团队写道：我们经常被投资者们问到，特斯拉超级工厂的秘诀究竟是什么?特斯拉本身的护城河在哪里?其实，并不只是某一项单一因素，而是六大维度的属性全面组合让特斯拉有别于任何“AI+制造业”的同行或者电动汽车制造行业、自动驾驶出租车领域的同行们。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7427f669690ca00e63b018d31c37edb\" title=\"\" tg-width=\"754\" tg-height=\"438\"/></p><p style=\"text-align: left;\"><strong>以下为大摩分析师团队所总结的特斯拉在“AI+制造业”以及电动汽车制造、Robotaxi与自动驾驶等业务覆盖领域的DREAMS“六维护城河”。</strong></p><p style=\"text-align: left;\"><strong>数据(D)。</strong> 如今道路上有700万辆特斯拉品牌的电动汽车，预计到2040年将超过1亿辆，这意味着特斯拉能够获取的视觉与全方位交通立体测算数据规模远高于同行。</p><p style=\"text-align: left;\"><strong>机器人(R)</strong>。 拥有基于特斯拉内部独家研发的电机与致动/执行器。仅仅是Optimus机器人(擎天柱人形机器人)的双手就拥有22个自由度。</p><p style=\"text-align: left;\"><strong>能源(E)</strong>。 在规模化电池储能解决方案方面处于全球领先地位。</p><p style=\"text-align: left;\"><strong>人工智能(A)</strong>。 拥有世界一流的AI团队，并且马斯克本人创立并领导的AI新势力xAI所推出的Grok系列AI大模型，未来或将与特斯拉人工智能超算体系进行深度融合。特斯拉已经开发出FSD(完全自动驾驶)、Dojo超级计算机和定制化AI芯片。特斯拉基于AI超算体系所打造的FSD，有了Grok最先进大模型的接入相当于“大脑迎来智力等级提升”，对于需要在极短时间内根据视觉场景做出极速推理能力的Optimus来说也可谓是强劲催化剂。</p><p style=\"text-align: left;\"><strong>制造(M)</strong>。 是全球垂直整合程度最高、美国本土供应链比例最高的电动汽车公司，集成人工智能系统、人形机器人、汽车一体化铸造产线、强大的储能解决方案等制造业最先进生产力，且最强大的本土供应链有助于特斯拉全然免疫特朗普政府所掀起的席卷全球的“关税风暴”。</p><p style=\"text-align: left;\"><strong>太空(S)</strong>。 提供冗余、弹性且网络安全等级最高的通信模式。SpaceX有望充当数据传输层——即人工智能生态系统的核心连接纽带。</p><p style=\"text-align: left;\">大摩表示，<strong>在特斯拉独家具备的以上攸关“AI+制造业”的“DREAMS”六大维度中，马斯克所期待的该科技公司六大维度护城河中最关键的单一组成部分是什么?毫无疑问——制造，特斯拉引领全球的先进制造模式乃电动汽车、FSD订阅模式、人形机器人以及Robotaxi的基础底座。</strong>综合六大维度，大摩看涨特斯拉股价未来12个月内达到410美元，并且坚持“增持”评级。截至周三美股收盘，特斯拉股价收于276.220美元。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d19645db33f32e1a251cfacfb8d8fd0\" title=\"\" tg-width=\"757\" tg-height=\"383\"/></p><p style=\"text-align: left;\">大摩分析师团队写道：“你需要制造探针(产品)来收集数据，从而改进探针，再收集更多数据来改进探针完成这个封闭循环。数据则决定软件，软件决定硬件，硬件决定制造。马斯克利用汽车行业作为试验场来培养他在其他领域的能力……<strong>对于特斯拉来说，汽车之于它正如书籍之于亚马逊</strong>。”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3f5753194b10171e83a6710258cce4e\" title=\"\" tg-width=\"736\" tg-height=\"404\"/></p><h2 id=\"id_771406848\" style=\"text-align: left;\">知识与原子(思想者与行动者)：来自亚历山大的启示</h2><p style=\"text-align: left;\">大摩分析师团队将亚历山大博物馆“思想者(知识)”与“行动者(原子)”割裂的历史教训，<strong>比喻为当今数字经济(知识)与实体经济(原子)常被分开的通病;而特斯拉之所以被他们视为“AI+制造业”这一全新前沿范式领军者，正是因为马斯克所领导的特斯拉把知识‑软件‑数据与制造‑硬件‑工厂这两大世界重新“焊接”在了一起。</strong></p><p style=\"text-align: left;\">大摩表示，这恰好对应报告里给特斯拉列出的六重护城河(数据、机器人、能源、AI、制造、太空)——尤其突出制造(Manufacturing)在闭环中的核心地位。</p><p style=\"text-align: left;\"><strong>为帮助阐明人工智能从数字化经济(比特和字节的经济)向全球经济体实体经济(原子和光子的经济)的扩散，大摩分析师团队引用了H.G.威尔斯1922年的著作《世界简史》第27章：“亚历山大博物馆和图书馆”。</strong>这个援引的例子旨在传达：尽管亚历山大藏书馆代表了当时古代世界最全面的知识收藏，但由于“思想者”和“行动者”的全面分离，其进步主义思想最终受到了限制。</p><p style=\"text-align: left;\"><strong>以下为大摩分析师团队援引的“亚历山大博物馆和图书馆”章节：</strong></p><p style=\"text-align: left;\">H.G.威尔斯写道：“在这里，我们看到了系统地收集和传播知识。这座博物馆和图书馆的建立标志着人类历史上一个伟大时代的开端。”</p><p style=\"text-align: left;\">“但研究工作和传播工作都在非常艰难的障碍之下进行。其中之一就是巨大的社会鸿沟，将作为绅士的哲学家与商人和手工艺人区分开来。”</p><p style=\"text-align: left;\">“那时有大量的玻璃工匠和金属工匠，但他们在思想上与那些思想家没有联系。玻璃工匠制造着极其美丽的彩色珠子和小瓶等精美制品，但他从未制造过佛罗伦萨烧瓶或透镜。透明玻璃似乎并未引起他的兴趣。”</p><p style=\"text-align: left;\">“金属工匠制造武器和珠宝，但他从未制造过化学天平。哲学家高谈阔论原子和万物的本质，但在珐琅、颜料、滤器等方面他没有任何实践经验。他对物质并不感兴趣。”</p><p style=\"text-align: left;\">“因此，亚历山大在那短暂的机遇年代里没有诞生显微镜和化学这一学科。尽管希罗发明了一种叫汽转球的蒸汽机，但它从未被用来抽水、驾船或做任何有用的事情。”</p></body></html>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>摩根士丹利：特斯拉是“AI+制造业”的最完美融合标的</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n摩根士丹利：特斯拉是“AI+制造业”的最完美融合标的\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-08 21:42 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1290849.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>周四，特斯拉盘初拉升涨超3.5%。大摩发布研报，认为特斯拉则是“AI+制造业”天作之合的最完美融合标的。“AI投资逻辑”近期在全球股票市场重新发酵，或者说是AI这一自2023年以来全球范围内最热门投资主题重获全球资金聚焦与青睐，也是近年来持续深耕AI领域的电动汽车与自动驾驶霸主特斯拉股价反弹的重要逻辑。全球首富马斯克所掌舵的特斯拉基于人工智能超算体系打造出的愈发成熟完全无人驾驶版本FSD，以及基于...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1290849.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9749762c5ee11a52030b4c66a89c8026","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://www.zhitongcaijing.com/content/detail/1290849.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"1122066706","content_text":"周四，特斯拉盘初拉升涨超3.5%。大摩发布研报，认为特斯拉则是“AI+制造业”天作之合的最完美融合标的。“AI投资逻辑”近期在全球股票市场重新发酵，或者说是AI这一自2023年以来全球范围内最热门投资主题重获全球资金聚焦与青睐，也是近年来持续深耕AI领域的电动汽车与自动驾驶霸主特斯拉股价反弹的重要逻辑。全球首富马斯克所掌舵的特斯拉基于人工智能超算体系打造出的愈发成熟完全无人驾驶版本FSD，以及基于FSD的Robotaxi完全无人自动驾驶出租车体系，使得特斯拉长期位列“热门AI概念股”。特斯拉持续向人工智能(AI)与人形机器人等前沿科技领域的多元化发展步伐，也是一些投资机构长期看涨特斯拉股价的核心逻辑。据了解，华尔街另一金融巨头摩根士丹利(以下简称“大摩)近日发布的深度研究报告显示，人工智能与传统/高端制造业看似矛盾却极度完美的深度结合，有望驱动制造业长期低迷的美国开启制造业复兴模式，而特斯拉则堪称是“AI+制造业”天作之合的最完美融合标的。大摩在这份研报中通过“六大维度护城河”框架解析特斯拉竞争优势，认为其强大的“人工智能+制造”扩张宏图是旗下电动汽车、FSD订阅以及Robotaxi的最核心竞争壁垒。大摩分析师团队表示，人工智能的全球扩散使制造业回流美国成为必要;同时，人工智能的扩散也使制造业全面回流的可能性激增;就这样，人工智能既是美国，乃至全球制造业全面复兴的原因，也是其结果。大摩重申对于特斯拉股票的“增持”这一最乐观看涨评级，以及高达410美元的目标股价，并且特斯拉持续位列大摩的“首选股票”清单。人工智能与制造业堪称“天作之合”! 特斯拉具备六大独家优势大摩分析团队在研报中提到，“AI芯片霸主”英伟达首席执行官黄仁勋近期访问白宫，深刻揭示并强调了人工智能与传统/高端制造业之间看似奇特却绝对必不可少的重要关系。“黄仁勋先生5月1日即兴发表的关于美国制造业的言论很好地抓住了我们试图精准向投资者们传达的特斯拉相对优势的精髓，这些优势使得我们将特斯拉列入‘首选股票’清单。”大摩分析师团队在报告中写道。“黄仁勋先生的原话最能说明这一点：制造业不再关乎低成本制造模式。制造业关乎的是高科技本身。”“目前建设的这些大型AI超算系统，正是未来最先进的制造基地，大多数工厂都将是最先进的未来工厂。我们将使用人工智能、人形机器人以及沉浸式元宇宙数字孪生技术来打造未来式工厂。而且我们必须就在美国建设它。”“这一新产业本身也是制造业的一部分……(此处黄仁勋指向超级AI计算机)那就是一台工厂式的大型机器。”以上为大摩团队援引的黄仁勋在“投资于美国”会议上的重要讲话摘录。大摩分析团队写道：我们经常被投资者们问到，特斯拉超级工厂的秘诀究竟是什么?特斯拉本身的护城河在哪里?其实，并不只是某一项单一因素，而是六大维度的属性全面组合让特斯拉有别于任何“AI+制造业”的同行或者电动汽车制造行业、自动驾驶出租车领域的同行们。以下为大摩分析师团队所总结的特斯拉在“AI+制造业”以及电动汽车制造、Robotaxi与自动驾驶等业务覆盖领域的DREAMS“六维护城河”。数据(D)。 如今道路上有700万辆特斯拉品牌的电动汽车，预计到2040年将超过1亿辆，这意味着特斯拉能够获取的视觉与全方位交通立体测算数据规模远高于同行。机器人(R)。 拥有基于特斯拉内部独家研发的电机与致动/执行器。仅仅是Optimus机器人(擎天柱人形机器人)的双手就拥有22个自由度。能源(E)。 在规模化电池储能解决方案方面处于全球领先地位。人工智能(A)。 拥有世界一流的AI团队，并且马斯克本人创立并领导的AI新势力xAI所推出的Grok系列AI大模型，未来或将与特斯拉人工智能超算体系进行深度融合。特斯拉已经开发出FSD(完全自动驾驶)、Dojo超级计算机和定制化AI芯片。特斯拉基于AI超算体系所打造的FSD，有了Grok最先进大模型的接入相当于“大脑迎来智力等级提升”，对于需要在极短时间内根据视觉场景做出极速推理能力的Optimus来说也可谓是强劲催化剂。制造(M)。 是全球垂直整合程度最高、美国本土供应链比例最高的电动汽车公司，集成人工智能系统、人形机器人、汽车一体化铸造产线、强大的储能解决方案等制造业最先进生产力，且最强大的本土供应链有助于特斯拉全然免疫特朗普政府所掀起的席卷全球的“关税风暴”。太空(S)。 提供冗余、弹性且网络安全等级最高的通信模式。SpaceX有望充当数据传输层——即人工智能生态系统的核心连接纽带。大摩表示，在特斯拉独家具备的以上攸关“AI+制造业”的“DREAMS”六大维度中，马斯克所期待的该科技公司六大维度护城河中最关键的单一组成部分是什么?毫无疑问——制造，特斯拉引领全球的先进制造模式乃电动汽车、FSD订阅模式、人形机器人以及Robotaxi的基础底座。综合六大维度，大摩看涨特斯拉股价未来12个月内达到410美元，并且坚持“增持”评级。截至周三美股收盘，特斯拉股价收于276.220美元。大摩分析师团队写道：“你需要制造探针(产品)来收集数据，从而改进探针，再收集更多数据来改进探针完成这个封闭循环。数据则决定软件，软件决定硬件，硬件决定制造。马斯克利用汽车行业作为试验场来培养他在其他领域的能力……对于特斯拉来说，汽车之于它正如书籍之于亚马逊。”知识与原子(思想者与行动者)：来自亚历山大的启示大摩分析师团队将亚历山大博物馆“思想者(知识)”与“行动者(原子)”割裂的历史教训，比喻为当今数字经济(知识)与实体经济(原子)常被分开的通病;而特斯拉之所以被他们视为“AI+制造业”这一全新前沿范式领军者，正是因为马斯克所领导的特斯拉把知识‑软件‑数据与制造‑硬件‑工厂这两大世界重新“焊接”在了一起。大摩表示，这恰好对应报告里给特斯拉列出的六重护城河(数据、机器人、能源、AI、制造、太空)——尤其突出制造(Manufacturing)在闭环中的核心地位。为帮助阐明人工智能从数字化经济(比特和字节的经济)向全球经济体实体经济(原子和光子的经济)的扩散，大摩分析师团队引用了H.G.威尔斯1922年的著作《世界简史》第27章：“亚历山大博物馆和图书馆”。这个援引的例子旨在传达：尽管亚历山大藏书馆代表了当时古代世界最全面的知识收藏，但由于“思想者”和“行动者”的全面分离，其进步主义思想最终受到了限制。以下为大摩分析师团队援引的“亚历山大博物馆和图书馆”章节：H.G.威尔斯写道：“在这里，我们看到了系统地收集和传播知识。这座博物馆和图书馆的建立标志着人类历史上一个伟大时代的开端。”“但研究工作和传播工作都在非常艰难的障碍之下进行。其中之一就是巨大的社会鸿沟，将作为绅士的哲学家与商人和手工艺人区分开来。”“那时有大量的玻璃工匠和金属工匠，但他们在思想上与那些思想家没有联系。玻璃工匠制造着极其美丽的彩色珠子和小瓶等精美制品，但他从未制造过佛罗伦萨烧瓶或透镜。透明玻璃似乎并未引起他的兴趣。”“金属工匠制造武器和珠宝，但他从未制造过化学天平。哲学家高谈阔论原子和万物的本质，但在珐琅、颜料、滤器等方面他没有任何实践经验。他对物质并不感兴趣。”“因此，亚历山大在那短暂的机遇年代里没有诞生显微镜和化学这一学科。尽管希罗发明了一种叫汽转球的蒸汽机，但它从未被用来抽水、驾船或做任何有用的事情。”","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":3463,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3486644284064555","authorId":"3486644284064555","name":"greater","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":0,"idStr":"3486644284064555","authorIdStr":"3486644284064555"},"content":"同意被这种洼地企业诈骗？","text":"同意被这种洼地企业诈骗？","html":"同意被这种洼地企业诈骗？"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":425551263425400,"gmtCreate":1744904495192,"gmtModify":1744904496449,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSM\">$台积电(TSM)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; 技术遥遥领先长期看好","listText":"<a href=\"https://laohu8.com/S/TSM\">$台积电(TSM)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; 技术遥遥领先长期看好","text":"$台积电(TSM)$ 技术遥遥领先长期看好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/425551263425400","isVote":1,"tweetType":1,"viewCount":5118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":417442944897536,"gmtCreate":1742934393573,"gmtModify":1742934395864,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"看好特斯拉长期趋势","listText":"看好特斯拉长期趋势","text":"看好特斯拉长期趋势","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/417442944897536","isVote":1,"tweetType":1,"viewCount":2718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":410175294349552,"gmtCreate":1741150240171,"gmtModify":1741150242175,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"英伟达和特斯拉长期投资应该都好[微笑]","listText":"英伟达和特斯拉长期投资应该都好[微笑]","text":"英伟达和特斯拉长期投资应该都好[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/410175294349552","isVote":1,"tweetType":1,"viewCount":2489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":341474750513256,"gmtCreate":1724388487610,"gmtModify":1724392615942,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"说说你对这篇新闻的看法...","listText":"说说你对这篇新闻的看法...","text":"说说你对这篇新闻的看法...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341474750513256","repostId":"2461585164","repostType":2,"repost":{"id":"2461585164","kind":"highlight","pubTimestamp":1724387408,"share":"https://www.laohunote.com/m/news/2461585164?lang=zh_CN&edition=full","pubTime":"2024-08-23 12:30","market":"us","language":"zh","title":"一文汇总：杰克逊霍尔年会，鲍威尔将如何撼动市场？","url":"https://stock-news.laohu8.com/highlight/detail?id=2461585164","media":"金十数据","summary":"华尔街押注美联储主席鲍威尔将在怀俄明州杰克逊霍尔举行的央行年度会议上确认降息。该行认为，鲍威尔将在杰克逊霍尔会议上非常笼统地预告这一政策路径。市场对即将于周五举行的杰克逊霍尔经济研讨会上鲍威尔的讲话充满期待。鲍威尔在今年的杰克逊霍尔央行年会上传达的信息可能至关重要：美联储9月降","content":"<html><head></head><body><p>周五，美联储主席鲍威尔将在美联储年度杰克逊霍尔会议上发表讲话，<strong>这将开启美联储对抗通胀的下一阶段，他预计将为降息铺平道路，同时向投资者保证，政策制定者可以避免经济大幅放缓。</strong></p><p>鲍威尔的言论将被抽丝剥茧，以寻找在就业报告弱于预期、通胀进一步放缓后，这位美联储主席如何看待经济的任何暗示。</p><p>市场普遍预计美联储将在9月17-18日的下次会议上降息，但对于降息幅度存在一些分歧。虽然大多数经济学家预计降息25个基点，但包括花旗和<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>在内的一些预测机构预计，美联储将降息50个基点。</p><p>华尔街押注美联储主席鲍威尔将在怀俄明州杰克逊霍尔举行的央行年度会议上<strong>确认降息</strong>。但随着争论从“会不会降息”转向“降息幅度会有多大”，股票交易员可能会无法满足期望。</p><h2 id=\"id_2424359183\">鲍威尔讲话预期</h2><h3 id=\"id_781239534\">今夜最瞩目！鲍威尔即将亮相，能否带来新惊喜？</h3><blockquote><p>鲍威尔可能只会为政策前景提供一些有限的指导，同时无疑将对市场近期的动荡作出回应。</p></blockquote><p>鲍威尔的演讲将于北京时间晚上10点在怀俄明州杰克逊霍尔举行的美联储年度全球央行行长会议上发表。这次会议的主题是“重新评估货币政策的有效性和传导”，会议将持续到周六。</p><p>这一次，他的任务将是确认市场的预期，同时也表明他对经济的看法，特别是通胀压力的缓和以及对劳动力市场的一些担忧。</p><p><a href=\"https://laohu8.com/S/GS\">高盛</a>经济学家David Mericle在最近的一份报告中说：“我们预计鲍威尔将对通胀前景表达更多的信心，并比他在7月FOMC会议后的新闻发布会上更强调劳动力市场的下行风险。”</p><p>高盛对美联储利率前景的预期与市场基本一致：预计美联储在接下来的三次会议每次都会降息，然后加大宽松力度，最终将联邦基金利率削减约200个基点。该行认为，鲍威尔将在杰克逊霍尔会议上非常笼统地预告这一政策路径。</p><h3 id=\"id_3544933081\">鲍威尔周五将在全球央行年会上重磅发声，料将保留激进宽松选项</h3><blockquote><p>美银认为，鲍威尔不会违背市场定价，他将保留激进宽松的选项，问题是鲍威尔很难比市场预期更加鸽派。</p></blockquote><p>市场普遍预计美联储将在9月17-18日的下次会议上降息，但对于降息幅度存在一些分歧。虽然大多数经济学家预计降息25个基点，但包括花旗和摩根大通在内的一些预测机构预计，美联储将降息50个基点。</p><p>美国银行预测，鲍威尔在杰克逊霍尔会议上的讲话不太可能对美元产生太大影响。该行的分析师指出，基金仍对美元走强持乐观态度，这可能会带来下行风险。<strong>“但是，即使鲍威尔的讲话偏向鸽派，他的语气也很难比市场预期的更加鸽派。”</strong></p><p>美银表示，市场定价了今年降息四次， “<strong>我们不认为鲍威尔会违背市场定价，他将保留激进宽松的选项</strong>，这取决于9月会议前的数据。”</p><p><strong>一个进一步的信号可能是，鲍威尔是否更坚定地表示，委员会希望避免劳动力市场出现“意想不到的疲软”，而不是简单地在它发生后做出反应。</strong>此外，他可能会参考6月份的预测摘要，并表示委员会可能会逐步调整政策，以在前景不确定的情况下平衡风险。</p><h3 id=\"id_4050266648\">杰克逊霍尔年会前猛“吹风”：美联储官员支持很快开始降息，主张渐进式降息</h3><blockquote><p>波士顿联储主席柯林斯和费城联储主希拉克认为很快开始降息是合适的，开始宽松时应循序渐进。堪萨斯联储主席施密德则表示，他还没有准备好支持降息。</p></blockquote><p>两位美联储官员表示，他们认为美联储很快开始降息是合适的，随后的降息步伐应该是“渐进的”、“有条不紊的”。</p><p>波士顿联储主席柯林斯在接受彭博新闻社和福克斯商业台采访时使用了这些说法，而费城联储主希拉克在怀俄明州杰克逊霍尔接受路透社和CNBC采访时也使用了类似的措辞。两人都没有更准确地说明这些术语对降息频率的具体含义。</p><h3 id=\"id_4131513767\">大摩：鲍威尔在杰克逊霍尔发表演讲前，要想清楚这一点！</h3><blockquote><p><a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>预计，鲍威尔将阐述美联储的中期战略，特别是持续的反通胀意味着美联储可以专注于维持经济扩张。</p></blockquote><p>我们预计美联储主席鲍威尔将阐述美联储的中期战略，尤其是持续的反通胀意味着美联储可以专注于维持经济扩张，同时仍能实现2%的通胀目标。联邦公开市场委员会（FOMC）已经发出了准备开始降息的信号，但<strong>鲍威尔可能会指出，即使在降息之后，政策仍将是紧缩的。</strong></p><p>事实上，<strong>一个至关重要的话题可能是区分水平和趋势</strong>。经济活动正在放缓，但并不特别疲软。就业市场有所降温，但即使是7月份新增11.5万个岗位也并非特别疲软。<strong>市场将决定什么更重要——水平还是趋势。</strong></p><p>失业率从低点上升0.8个百分点是另一场水平与趋势之争。失业率上升预示着经济衰退，这一历史关系已被广泛提及。这一次，失业率的上升因劳动力供应而放大。换句话说，<strong>4.3%的失业率仍然是一个较低的水平，其上升趋势所蕴含的信号比过去要少得多</strong>。</p><p>水平与趋势是一个关键的区别，事实上，市场经常会交易另一个概念，即加速或减速。我猜测鲍威尔的讲话至少会暗中强调这一区别。经济可以从不可持续的快节奏中放缓，同时仍能健康地摆脱衰退。这一区别支撑了我们的观点，即<strong>美联储将在连续几次会议上降息25个基点</strong>。</p><h3 id=\"id_853227627\">本周，所有的焦点都将集中在鲍威尔身上！</h3><blockquote><p>上次鲍威尔一说话，市场暴跌，那这次呢？</p></blockquote><p>去年8月，美联储的主要问题是利率需要在20年高位维持多久才能抑制通胀。现在，随着通胀出现新的降温迹象和就业市场放缓，<strong>问题不再是美联储是否会降息，而是该降息多少？</strong></p><p>投资者将密切关注鲍威尔于北京时间周五晚10点发表的讲话，届时他将有机会提供有关美联储未来货币政策路径的线索。</p><p><strong>传统上，美联储主席都会利用他们在杰克逊霍尔的讲话来传递重要的、长期的政策信息。</strong></p><p>前美联储主席伯南克在2010年的讲话中提出了一种论点，即<strong>美联储可以通过购买债券来推动经济增长，这种工具也被称为量化宽松（QE）。</strong></p><p>鲍威尔在2018年的“星光指引”演讲中，概述了他对自然实际利率的思考方式，即既不会刺激也不会抑制增长的利率。这可能是他作为主席最令人难忘的演讲。</p><p>2022年，<strong>鲍威尔在一次比以往更简短的演讲中，承诺将尽一切努力使通胀回到美联储2% 的目标，并警告称更高的利率可能会带来痛苦和更高的失业率，从而导致市场暴跌。</strong></p><h3 id=\"id_3231215623\">高盛：鲍威尔将更加鸽派！</h3><blockquote><p>高盛预计，美联储将在9月、11月和12月连续三次降息25个基点，并预计明年还将有进一步的降息。</p></blockquote><p>市场对即将于周五举行的杰克逊霍尔经济研讨会上鲍威尔的讲话充满期待。这次讲话对于塑造市场对未来可能的降息预期至关重要。</p><p>高盛研究部首席美国经济学家大卫·梅里克尔（David Mericle）在最近的报告中写道：“鉴于自上次FOMC会议后发布的数据，我们<strong>预计鲍威尔将对通胀前景表达更大的信心，并更加强调劳动力市场的下行风险。</strong>”</p><p>梅里克尔写道：“鉴于消费者价格指数（CPI）报告疲软、就业增长数据不佳以及失业率的进一步上升，<strong>我们预计鲍威尔将会提供比7月FOMC会议后的新闻发布会上更为鸽派的信息。</strong>”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fd213eb916b02db222b8e98580a8fb4e\" tg-width=\"1242\" tg-height=\"2127\"/></p><h3 id=\"id_4241020956\">市场眼光聚集！鲍威尔周五究竟会带来什么样的“震撼”？</h3><blockquote><p>鲍威尔本周五“很忙”，他不仅需要给出足够有力降息理由，还不能引发市场的担忧……</p></blockquote><p>对于关注鲍威尔讲话的人，尤其是在债券市场上的人来说，一个关键问题是，另一份疲软的就业报告是否会为下个月的大幅降息敞开大门，或者迫使美联储在接下来的几个月内采取积极的降息措施。</p><p>“有争论说，美联储一开始可以稍微快一点降息，然后放慢速度，”<a href=\"https://laohu8.com/S/DB\">德意志银行</a>美国首席经济学家Matthew Luzzetti表示。“我认为，只有当有证据表明劳动力市场正在以更加显著的方式走弱时，这种论点才会真正具有分量。”</p><p><strong>鲍威尔在今年的杰克逊霍尔央行年会上传达的信息可能至关重要：美联储9月降息的理由必须足够有力，以应对今年大选期间围绕美联储的政治压力。</strong>这可能涉及指出就业市场放缓和经济增长疲软。但MacroPolicy Perspectives高级经济学家Laura Rosner-Warburton表示，他不会想对经济前景发出过于消极的信息，“为了防止发出负面信号，美联储需要在沟通上非常明确。”</p><h3 id=\"id_2165541754\">顶级经济学家：鲍威尔应抓住杰克逊霍尔的“黄金机会”</h3><blockquote><p>安联首席经济学家表示，美联储的首要目标应该是重新建立其前瞻性政策指引的有效性。</p></blockquote><p>欢迎来到杰克逊霍尔周。此次会议将讨论近期的经济和金融发展、政策问题及其对央行的意义。</p><p>今年美联储主席鲍威尔的演讲备受期待，因为美国正经历着经济的不确定性和金融市场的波动，并且这些问题正在向全世界扩散。在这样一个充满真实不确定性的情境下——包括美国国内和全球层面的不确定性，<strong>这种不确定性因三个关键稳定锚点的侵蚀而加剧：稳定的经济增长、有效的前瞻性政策指引以及市场参与者中过高的杠杆率和过度的风险承担行为。</strong></p><p>这就是为什么<strong>鲍威尔需要利用本周五这个黄金机会来重夺经济和政策叙事的话语权。今年美联储的首要目标应该是重新建立其前瞻性政策指引的有效性。</strong></p><h3 id=\"id_1491673674\">鲍威尔将在杰克逊霍尔年会上说什么？别期望太高</h3><blockquote><p>鲍威尔的语气，而非言辞，是维持市场情绪的关键。期权交易员预计<a href=\"https://laohu8.com/S/161125\">标普500</a>指数周五将上下波动1%。</p></blockquote><p>华尔街押注美联储主席鲍威尔将在怀俄明州杰克逊霍尔举行的央行年度会议上<strong>确认降息</strong>。但随着争论从“会不会降息”转向“降息幅度会有多大”，股票交易员可能会无法满足期望。</p><p>Steward Partners Global Advisory财富管理执行董事总经理埃里克-贝利（Eric Beiley）说：“如果交易员们听到降息即将到来，股市就会做出有利的反应。如果我们没有听到我们想要的消息，那将引发大跌。”</p><p>这正是资金经理们所面临的挑战，他们刚刚纷纷重投大型科技股，追逐标普500指数的不断攀升。市场完全预期美联储将在即将于9月召开的会议上开始降息。<strong>但鲍威尔在周五发表讲话时，很容易对降息时机保持缄默。而且，在透露美联储可能会降息多少时，采取谨慎、不置可否的态度也非常符合他的性格。</strong></p><p>“<strong>鲍威尔不需要吓唬市场</strong>，”Homrich Berg的兰说。“他需要让市场相信，通胀正在消退，官员们可以放心地将限制性利率降至更为中性的水平。”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/470e6f758adb1da7800d3a976a3a4f58\" tg-width=\"1242\" tg-height=\"1825\"/></p><h2 id=\"id_733259236\">市场将作何反应？</h2><h3 id=\"id_2662320091\">交易员在杰克逊霍尔央行年会前做空美元，日元涨声一片</h3><blockquote><p>周一美元跌至七个月低点，期权交易员押注美元将进一步下跌。</p></blockquote><p><strong>周一美元跌至七个月低点，日元创下逾一周新高。</strong>交易员在等待美联储主席鲍威尔（Jerome Powell）本周的言论，预计这些言论将发出美联储将于9月开始降息的信号。另一个主要焦点将是鲍威尔是否表示今后每次会议都可能降息，但市场可能高估了美联储可能采取行动的程度和速度。</p><p>目前<strong>期权交易员押注美元将进一步下跌</strong>，因预期鲍威尔将在杰克逊霍尔央行年会上强化降息的理由。</p><p>一篮子美元主要贸易伙伴的货币对风险逆转指数显示，交易员为在未来一周或一个月内美元下跌时受益的期权支付的价格高于那些寻求上涨的期权。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7792c1276c9a5764b40783aeb83527f5\" tg-width=\"1196\" tg-height=\"672\"/></p><h3 id=\"id_3707223250\">以史为鉴，杰克逊霍尔年会更可能助涨股市</h3><blockquote><p>数据显示，美股在杰克逊霍尔年会前后两周涨多跌少。</p></blockquote><p>DataTrek联合创始人尼古拉斯-科拉斯（Nicholas Colas）在周一通过电子邮件发送的一份说明中表示：“<strong>标普500指数（SPX）往往会在美联储杰克逊霍尔会议前后的两周内反弹，主要是在美联储主席发表讲话之后。我们预计今年也会出现同样的情况。</strong>”</p><p>科拉斯说：“市场对美联储今年晚些时候降息的预期非常高。<strong>鲍威尔本周五在这个问题上应该会给市场足够的信心，从而在未来两周内出现典型的由杰克逊霍尔年会触发的上涨行情。</strong>”</p><p>与此同时，根据DataTrek的数据，<strong>至少从企业最近的财报电话会议来看，它们似乎并不太担心短期内会出现经济衰退。</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/007190af2dedbbdc60cdaf769e631dd4\" tg-width=\"947\" tg-height=\"756\"/></p><h3 id=\"id_680318165\">鲍威尔将在杰克逊霍尔说什么，市场如何反应？</h3><blockquote><p>分析师表示，鲍威尔或“适度反驳最近市场对降息周期过度的定价。”</p></blockquote><p>投资者将密切关注鲍威尔周五的演讲，寻找有关货币政策轨迹的任何暗示，包括美联储多年来首次降息的幅度以及后续降息的潜在速度。</p><p>野村证券分析师在上周五的一份报告中写道：“鲍威尔可能会承认，<strong>如果劳动力市场恶化，美联储准备迅速放松政策。</strong>”“即便如此，我们预计他的<strong>言论将比7月份的新闻发布会更为平衡——同时也会指出通胀上行的风险。</strong>”</p><p>美银证券分析师最近指出，<strong>标普500指数对杰克逊霍尔会议的历史反应有限。</strong>当然也有例外：2022年，鲍威尔在谈及恢复价格稳定必要性时采取了鹰派立场，股市随后大幅下跌。</p><p>但他们预计，今年不太可能出现这种情况。分析师写道：“由于市场已经计入了降息的因素，即使是一个鸽派的杰克逊霍尔演讲所带来的上行空间也可能有限。”</p><h3 id=\"id_3666005597\">鲍威尔恐怕不敢大胆唱“鸽”，美元短期内凶多吉少？</h3><blockquote><p>麦格理在近期的报告中指出，鲍威尔在杰克逊霍尔会议上的基调、即将到来的数据和政治事态发展将影响美元未来几周的走势。</p></blockquote><p>麦格理（<a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>）分析师最近撰文指出，美联储主席鲍威尔在杰克逊霍尔经济研讨会上发表讲话时，<strong>预计将采取温和的语气，但不太可能过于鸽派。鲍威尔的基调以及即将到来的数据和政治事态发展，可能会在未来几周影响美元的走向。</strong></p><p>具体而言，他们指出：“我们不会对鲍威尔的温和基调感到惊讶，这可能会对外汇市场和投资者情绪产生影响。”他们补充道：“然而，我们怀疑鲍威尔是否会如此大胆地发出非常‘鸽派’的声音。”</p><p>分析师们还指出，哈里斯在下周的民调中出现的任何集会后支持率的反弹都可能导致美元进一步走软。麦格理指出，在过去四周里，美元经历了显著的疲软，并将其归因于支持强势美元的“特朗普交易”的平仓。</p><p>经济学家普遍认为，美联储越来越接近征服高通胀。不过，很少有经济学家认为鲍威尔或其他美联储官员准备宣布“任务完成”。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c388cd6735f4dff98cc1fb68e888b881\" tg-width=\"1242\" tg-height=\"1384\"/></p></body></html>","source":"xnew_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>一文汇总：杰克逊霍尔年会，鲍威尔将如何撼动市场？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n一文汇总：杰克逊霍尔年会，鲍威尔将如何撼动市场？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-23 12:30 北京时间&nbsp;&nbsp;&nbsp;<a href=https://xnews.jin10.com/webapp/details.html?id=146481&type=news&data_type=0><strong>金十数据</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>周五，美联储主席鲍威尔将在美联储年度杰克逊霍尔会议上发表讲话，这将开启美联储对抗通胀的下一阶段，他预计将为降息铺平道路，同时向投资者保证，政策制定者可以避免经济大幅放缓。鲍威尔的言论将被抽丝剥茧，以寻找在就业报告弱于预期、通胀进一步放缓后，这位美联储主席如何看待经济的任何暗示。市场普遍预计美联储将在9月17-18日的下次会议上降息，但对于降息幅度存在一些分歧。虽然大多数经济学家预计降息25个基点，...</p>\n\n<a href=\"https://xnews.jin10.com/webapp/details.html?id=146481&type=news&data_type=0\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3c5ec9f661a784fbceeebea1957fd09e","relate_stocks":{"BK4534":"瑞士信贷持仓","OEX":"标普100","BK4588":"碎股","BK4550":"红杉资本持仓","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","SDS":"两倍做空标普500 ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","SSO":"2倍做多标普500ETF-ProShares","BK4585":"ETF&股票定投概念","BK4581":"高盛持仓","BK4559":"巴菲特持仓","SPY":"标普500ETF","BK4504":"桥水持仓","SPXU":"三倍做空标普500ETF-ProShares","OEF":"标普100指数ETF-iShares"},"source_url":"https://xnews.jin10.com/webapp/details.html?id=146481&type=news&data_type=0","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2461585164","content_text":"周五，美联储主席鲍威尔将在美联储年度杰克逊霍尔会议上发表讲话，这将开启美联储对抗通胀的下一阶段，他预计将为降息铺平道路，同时向投资者保证，政策制定者可以避免经济大幅放缓。鲍威尔的言论将被抽丝剥茧，以寻找在就业报告弱于预期、通胀进一步放缓后，这位美联储主席如何看待经济的任何暗示。市场普遍预计美联储将在9月17-18日的下次会议上降息，但对于降息幅度存在一些分歧。虽然大多数经济学家预计降息25个基点，但包括花旗和摩根大通在内的一些预测机构预计，美联储将降息50个基点。华尔街押注美联储主席鲍威尔将在怀俄明州杰克逊霍尔举行的央行年度会议上确认降息。但随着争论从“会不会降息”转向“降息幅度会有多大”，股票交易员可能会无法满足期望。鲍威尔讲话预期今夜最瞩目！鲍威尔即将亮相，能否带来新惊喜？鲍威尔可能只会为政策前景提供一些有限的指导，同时无疑将对市场近期的动荡作出回应。鲍威尔的演讲将于北京时间晚上10点在怀俄明州杰克逊霍尔举行的美联储年度全球央行行长会议上发表。这次会议的主题是“重新评估货币政策的有效性和传导”，会议将持续到周六。这一次，他的任务将是确认市场的预期，同时也表明他对经济的看法，特别是通胀压力的缓和以及对劳动力市场的一些担忧。高盛经济学家David Mericle在最近的一份报告中说：“我们预计鲍威尔将对通胀前景表达更多的信心，并比他在7月FOMC会议后的新闻发布会上更强调劳动力市场的下行风险。”高盛对美联储利率前景的预期与市场基本一致：预计美联储在接下来的三次会议每次都会降息，然后加大宽松力度，最终将联邦基金利率削减约200个基点。该行认为，鲍威尔将在杰克逊霍尔会议上非常笼统地预告这一政策路径。鲍威尔周五将在全球央行年会上重磅发声，料将保留激进宽松选项美银认为，鲍威尔不会违背市场定价，他将保留激进宽松的选项，问题是鲍威尔很难比市场预期更加鸽派。市场普遍预计美联储将在9月17-18日的下次会议上降息，但对于降息幅度存在一些分歧。虽然大多数经济学家预计降息25个基点，但包括花旗和摩根大通在内的一些预测机构预计，美联储将降息50个基点。美国银行预测，鲍威尔在杰克逊霍尔会议上的讲话不太可能对美元产生太大影响。该行的分析师指出，基金仍对美元走强持乐观态度，这可能会带来下行风险。“但是，即使鲍威尔的讲话偏向鸽派，他的语气也很难比市场预期的更加鸽派。”美银表示，市场定价了今年降息四次， “我们不认为鲍威尔会违背市场定价，他将保留激进宽松的选项，这取决于9月会议前的数据。”一个进一步的信号可能是，鲍威尔是否更坚定地表示，委员会希望避免劳动力市场出现“意想不到的疲软”，而不是简单地在它发生后做出反应。此外，他可能会参考6月份的预测摘要，并表示委员会可能会逐步调整政策，以在前景不确定的情况下平衡风险。杰克逊霍尔年会前猛“吹风”：美联储官员支持很快开始降息，主张渐进式降息波士顿联储主席柯林斯和费城联储主希拉克认为很快开始降息是合适的，开始宽松时应循序渐进。堪萨斯联储主席施密德则表示，他还没有准备好支持降息。两位美联储官员表示，他们认为美联储很快开始降息是合适的，随后的降息步伐应该是“渐进的”、“有条不紊的”。波士顿联储主席柯林斯在接受彭博新闻社和福克斯商业台采访时使用了这些说法，而费城联储主希拉克在怀俄明州杰克逊霍尔接受路透社和CNBC采访时也使用了类似的措辞。两人都没有更准确地说明这些术语对降息频率的具体含义。大摩：鲍威尔在杰克逊霍尔发表演讲前，要想清楚这一点！摩根士丹利预计，鲍威尔将阐述美联储的中期战略，特别是持续的反通胀意味着美联储可以专注于维持经济扩张。我们预计美联储主席鲍威尔将阐述美联储的中期战略，尤其是持续的反通胀意味着美联储可以专注于维持经济扩张，同时仍能实现2%的通胀目标。联邦公开市场委员会（FOMC）已经发出了准备开始降息的信号，但鲍威尔可能会指出，即使在降息之后，政策仍将是紧缩的。事实上，一个至关重要的话题可能是区分水平和趋势。经济活动正在放缓，但并不特别疲软。就业市场有所降温，但即使是7月份新增11.5万个岗位也并非特别疲软。市场将决定什么更重要——水平还是趋势。失业率从低点上升0.8个百分点是另一场水平与趋势之争。失业率上升预示着经济衰退，这一历史关系已被广泛提及。这一次，失业率的上升因劳动力供应而放大。换句话说，4.3%的失业率仍然是一个较低的水平，其上升趋势所蕴含的信号比过去要少得多。水平与趋势是一个关键的区别，事实上，市场经常会交易另一个概念，即加速或减速。我猜测鲍威尔的讲话至少会暗中强调这一区别。经济可以从不可持续的快节奏中放缓，同时仍能健康地摆脱衰退。这一区别支撑了我们的观点，即美联储将在连续几次会议上降息25个基点。本周，所有的焦点都将集中在鲍威尔身上！上次鲍威尔一说话，市场暴跌，那这次呢？去年8月，美联储的主要问题是利率需要在20年高位维持多久才能抑制通胀。现在，随着通胀出现新的降温迹象和就业市场放缓，问题不再是美联储是否会降息，而是该降息多少？投资者将密切关注鲍威尔于北京时间周五晚10点发表的讲话，届时他将有机会提供有关美联储未来货币政策路径的线索。传统上，美联储主席都会利用他们在杰克逊霍尔的讲话来传递重要的、长期的政策信息。前美联储主席伯南克在2010年的讲话中提出了一种论点，即美联储可以通过购买债券来推动经济增长，这种工具也被称为量化宽松（QE）。鲍威尔在2018年的“星光指引”演讲中，概述了他对自然实际利率的思考方式，即既不会刺激也不会抑制增长的利率。这可能是他作为主席最令人难忘的演讲。2022年，鲍威尔在一次比以往更简短的演讲中，承诺将尽一切努力使通胀回到美联储2% 的目标，并警告称更高的利率可能会带来痛苦和更高的失业率，从而导致市场暴跌。高盛：鲍威尔将更加鸽派！高盛预计，美联储将在9月、11月和12月连续三次降息25个基点，并预计明年还将有进一步的降息。市场对即将于周五举行的杰克逊霍尔经济研讨会上鲍威尔的讲话充满期待。这次讲话对于塑造市场对未来可能的降息预期至关重要。高盛研究部首席美国经济学家大卫·梅里克尔（David Mericle）在最近的报告中写道：“鉴于自上次FOMC会议后发布的数据，我们预计鲍威尔将对通胀前景表达更大的信心，并更加强调劳动力市场的下行风险。”梅里克尔写道：“鉴于消费者价格指数（CPI）报告疲软、就业增长数据不佳以及失业率的进一步上升，我们预计鲍威尔将会提供比7月FOMC会议后的新闻发布会上更为鸽派的信息。”市场眼光聚集！鲍威尔周五究竟会带来什么样的“震撼”？鲍威尔本周五“很忙”，他不仅需要给出足够有力降息理由，还不能引发市场的担忧……对于关注鲍威尔讲话的人，尤其是在债券市场上的人来说，一个关键问题是，另一份疲软的就业报告是否会为下个月的大幅降息敞开大门，或者迫使美联储在接下来的几个月内采取积极的降息措施。“有争论说，美联储一开始可以稍微快一点降息，然后放慢速度，”德意志银行美国首席经济学家Matthew Luzzetti表示。“我认为，只有当有证据表明劳动力市场正在以更加显著的方式走弱时，这种论点才会真正具有分量。”鲍威尔在今年的杰克逊霍尔央行年会上传达的信息可能至关重要：美联储9月降息的理由必须足够有力，以应对今年大选期间围绕美联储的政治压力。这可能涉及指出就业市场放缓和经济增长疲软。但MacroPolicy Perspectives高级经济学家Laura Rosner-Warburton表示，他不会想对经济前景发出过于消极的信息，“为了防止发出负面信号，美联储需要在沟通上非常明确。”顶级经济学家：鲍威尔应抓住杰克逊霍尔的“黄金机会”安联首席经济学家表示，美联储的首要目标应该是重新建立其前瞻性政策指引的有效性。欢迎来到杰克逊霍尔周。此次会议将讨论近期的经济和金融发展、政策问题及其对央行的意义。今年美联储主席鲍威尔的演讲备受期待，因为美国正经历着经济的不确定性和金融市场的波动，并且这些问题正在向全世界扩散。在这样一个充满真实不确定性的情境下——包括美国国内和全球层面的不确定性，这种不确定性因三个关键稳定锚点的侵蚀而加剧：稳定的经济增长、有效的前瞻性政策指引以及市场参与者中过高的杠杆率和过度的风险承担行为。这就是为什么鲍威尔需要利用本周五这个黄金机会来重夺经济和政策叙事的话语权。今年美联储的首要目标应该是重新建立其前瞻性政策指引的有效性。鲍威尔将在杰克逊霍尔年会上说什么？别期望太高鲍威尔的语气，而非言辞，是维持市场情绪的关键。期权交易员预计标普500指数周五将上下波动1%。华尔街押注美联储主席鲍威尔将在怀俄明州杰克逊霍尔举行的央行年度会议上确认降息。但随着争论从“会不会降息”转向“降息幅度会有多大”，股票交易员可能会无法满足期望。Steward Partners Global Advisory财富管理执行董事总经理埃里克-贝利（Eric Beiley）说：“如果交易员们听到降息即将到来，股市就会做出有利的反应。如果我们没有听到我们想要的消息，那将引发大跌。”这正是资金经理们所面临的挑战，他们刚刚纷纷重投大型科技股，追逐标普500指数的不断攀升。市场完全预期美联储将在即将于9月召开的会议上开始降息。但鲍威尔在周五发表讲话时，很容易对降息时机保持缄默。而且，在透露美联储可能会降息多少时，采取谨慎、不置可否的态度也非常符合他的性格。“鲍威尔不需要吓唬市场，”Homrich Berg的兰说。“他需要让市场相信，通胀正在消退，官员们可以放心地将限制性利率降至更为中性的水平。”市场将作何反应？交易员在杰克逊霍尔央行年会前做空美元，日元涨声一片周一美元跌至七个月低点，期权交易员押注美元将进一步下跌。周一美元跌至七个月低点，日元创下逾一周新高。交易员在等待美联储主席鲍威尔（Jerome Powell）本周的言论，预计这些言论将发出美联储将于9月开始降息的信号。另一个主要焦点将是鲍威尔是否表示今后每次会议都可能降息，但市场可能高估了美联储可能采取行动的程度和速度。目前期权交易员押注美元将进一步下跌，因预期鲍威尔将在杰克逊霍尔央行年会上强化降息的理由。一篮子美元主要贸易伙伴的货币对风险逆转指数显示，交易员为在未来一周或一个月内美元下跌时受益的期权支付的价格高于那些寻求上涨的期权。以史为鉴，杰克逊霍尔年会更可能助涨股市数据显示，美股在杰克逊霍尔年会前后两周涨多跌少。DataTrek联合创始人尼古拉斯-科拉斯（Nicholas Colas）在周一通过电子邮件发送的一份说明中表示：“标普500指数（SPX）往往会在美联储杰克逊霍尔会议前后的两周内反弹，主要是在美联储主席发表讲话之后。我们预计今年也会出现同样的情况。”科拉斯说：“市场对美联储今年晚些时候降息的预期非常高。鲍威尔本周五在这个问题上应该会给市场足够的信心，从而在未来两周内出现典型的由杰克逊霍尔年会触发的上涨行情。”与此同时，根据DataTrek的数据，至少从企业最近的财报电话会议来看，它们似乎并不太担心短期内会出现经济衰退。鲍威尔将在杰克逊霍尔说什么，市场如何反应？分析师表示，鲍威尔或“适度反驳最近市场对降息周期过度的定价。”投资者将密切关注鲍威尔周五的演讲，寻找有关货币政策轨迹的任何暗示，包括美联储多年来首次降息的幅度以及后续降息的潜在速度。野村证券分析师在上周五的一份报告中写道：“鲍威尔可能会承认，如果劳动力市场恶化，美联储准备迅速放松政策。”“即便如此，我们预计他的言论将比7月份的新闻发布会更为平衡——同时也会指出通胀上行的风险。”美银证券分析师最近指出，标普500指数对杰克逊霍尔会议的历史反应有限。当然也有例外：2022年，鲍威尔在谈及恢复价格稳定必要性时采取了鹰派立场，股市随后大幅下跌。但他们预计，今年不太可能出现这种情况。分析师写道：“由于市场已经计入了降息的因素，即使是一个鸽派的杰克逊霍尔演讲所带来的上行空间也可能有限。”鲍威尔恐怕不敢大胆唱“鸽”，美元短期内凶多吉少？麦格理在近期的报告中指出，鲍威尔在杰克逊霍尔会议上的基调、即将到来的数据和政治事态发展将影响美元未来几周的走势。麦格理（Macquarie）分析师最近撰文指出，美联储主席鲍威尔在杰克逊霍尔经济研讨会上发表讲话时，预计将采取温和的语气，但不太可能过于鸽派。鲍威尔的基调以及即将到来的数据和政治事态发展，可能会在未来几周影响美元的走向。具体而言，他们指出：“我们不会对鲍威尔的温和基调感到惊讶，这可能会对外汇市场和投资者情绪产生影响。”他们补充道：“然而，我们怀疑鲍威尔是否会如此大胆地发出非常‘鸽派’的声音。”分析师们还指出，哈里斯在下周的民调中出现的任何集会后支持率的反弹都可能导致美元进一步走软。麦格理指出，在过去四周里，美元经历了显著的疲软，并将其归因于支持强势美元的“特朗普交易”的平仓。经济学家普遍认为，美联储越来越接近征服高通胀。不过，很少有经济学家认为鲍威尔或其他美联储官员准备宣布“任务完成”。","news_type":1,"symbols_score_info":{"OEF":0.6,"OEX":0.6,"SH":0.6,"SPXU":0.6,".SPX":0.6,"IVV":0.6,"ESmain":0.6,"SSO":0.6,"SDS":0.6,"UPRO":0.6,"SPY":1}},"isVote":1,"tweetType":1,"viewCount":3973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":337976848310296,"gmtCreate":1723532959339,"gmtModify":1723533750700,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"大忽悠果然名不虚传","listText":"大忽悠果然名不虚传","text":"大忽悠果然名不虚传","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/337976848310296","repostId":"1136055703","repostType":4,"repost":{"id":"1136055703","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1723530211,"share":"https://www.laohunote.com/m/news/1136055703?lang=zh_CN&edition=full","pubTime":"2024-08-13 14:23","market":"us","language":"zh","title":"法拉第未来完成新一台FF 91 2.0交付","url":"https://stock-news.laohu8.com/highlight/detail?id=1136055703","media":"老虎资讯综合","summary":"8月13日，法拉第未来宣布，FF资深员工、全球传播与社区销售负责人高巍成为了FF 91 2.0 Futurist Alliance的最新车主。这是自交付第二阶段（SOD2）重启之后，近期交付的第二台FF 91 2.0 Futurist Alliance。","content":"<html><head></head><body><p>8月13日，法拉第未来宣布，FF资深员工、全球传播与社区销售负责人高巍成为了FF 91 2.0 Futurist Alliance的最新车主。这是自交付第二阶段（SOD2）重启之后，近期交付的第二台FF 91 2.0 Futurist Alliance。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/793d9cb0b4396ce18c0073d4be5e3e95\" tg-width=\"843\" tg-height=\"687\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>法拉第未来完成新一台FF 91 2.0交付</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n法拉第未来完成新一台FF 91 2.0交付\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2024-08-13 14:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>8月13日，法拉第未来宣布，FF资深员工、全球传播与社区销售负责人高巍成为了FF 91 2.0 Futurist Alliance的最新车主。这是自交付第二阶段（SOD2）重启之后，近期交付的第二台FF 91 2.0 Futurist Alliance。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/793d9cb0b4396ce18c0073d4be5e3e95\" tg-width=\"843\" tg-height=\"687\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8db3378116a9779960fb3e84f56705b5","relate_stocks":{"FF":"FutureFuel Corporation","BK4109":"特种化学制品","BK4138":"石油与天然气的炼制和营销"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136055703","content_text":"8月13日，法拉第未来宣布，FF资深员工、全球传播与社区销售负责人高巍成为了FF 91 2.0 Futurist Alliance的最新车主。这是自交付第二阶段（SOD2）重启之后，近期交付的第二台FF 91 2.0 Futurist Alliance。","news_type":1,"symbols_score_info":{"FF":1}},"isVote":1,"tweetType":1,"viewCount":3128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":656956938,"gmtCreate":1683295021024,"gmtModify":1683298500799,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"说说你对这篇新闻的看法...","listText":"说说你对这篇新闻的看法...","text":"说说你对这篇新闻的看法...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/656956938","repostId":"1187717299","repostType":4,"repost":{"id":"1187717299","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1683294180,"share":"https://www.laohunote.com/m/news/1187717299?lang=zh_CN&edition=full","pubTime":"2023-05-05 21:43","market":"us","language":"zh","title":"美股地区性银行股反弹，西太平洋合众银行涨超56%","url":"https://stock-news.laohu8.com/highlight/detail?id=1187717299","media":"老虎资讯综合","summary":"5月5日，美股地区性银行股反弹，西太平洋合众银行涨超56%，阿莱恩斯西部银行涨超40%，第一地平线银行涨超6%。","content":"<html><head></head><body><p>5月5日，美股地区性银行股反弹，西太平洋合众银行涨超56%，<a href=\"https://laohu8.com/S/WAL\">阿莱恩斯西部银行</a>涨超40%，第一地平线银行涨超6%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e4cbc614dd1a019b5a44bfdbed5b038\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e0b90d6cd4b2c3f2d4131b2ac956499\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>美股地区性银行股反弹，西太平洋合众银行涨超56%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n美股地区性银行股反弹，西太平洋合众银行涨超56%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2023-05-05 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>5月5日，美股地区性银行股反弹，西太平洋合众银行涨超56%，<a href=\"https://laohu8.com/S/WAL\">阿莱恩斯西部银行</a>涨超40%，第一地平线银行涨超6%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e4cbc614dd1a019b5a44bfdbed5b038\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e0b90d6cd4b2c3f2d4131b2ac956499\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ffc56982f828847b68443cfbde6a957b","relate_stocks":{"PACW":"西太平洋合众银行","FHN":"第一地平线银行","WAL":"阿莱恩斯西部银行"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187717299","content_text":"5月5日，美股地区性银行股反弹，西太平洋合众银行涨超56%，阿莱恩斯西部银行涨超40%，第一地平线银行涨超6%。","news_type":1,"symbols_score_info":{"FHN":0.9,"PACW":0.9,"WAL":0.9}},"isVote":1,"tweetType":1,"viewCount":4621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":625988184,"gmtCreate":1676017643648,"gmtModify":1676018618025,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"真是搞笑","listText":"真是搞笑","text":"真是搞笑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/625988184","repostId":"1177753271","repostType":4,"repost":{"id":"1177753271","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1676015099,"share":"https://www.laohunote.com/m/news/1177753271?lang=zh_CN&edition=full","pubTime":"2023-02-10 15:44","market":"us","language":"zh","title":"京东云言犀宣布将推出产业版ChatGPT：ChatJD","url":"https://stock-news.laohu8.com/highlight/detail?id=1177753271","media":"老虎资讯综合","summary":"2月10日，京东云旗下言犀人工智能应用平台宣布将整合过往产业实践和技术积累，推出产业版ChatGPT：ChatJD，并公布了ChatJD的落地应用路线图“125”计划。据了解，“125”计划包含一个平","content":"<html><head></head><body><p>2月10日，京东云旗下言犀人工智能应用平台宣布将整合过往产业实践和技术积累，推出产业版ChatGPT：ChatJD，并公布了ChatJD的落地应用路线图“125”计划。</p><p>据了解，“125”计划包含一个平台、两个领域、五个应用。1个平台是指ChatJD智能人机对话平台，即自然语言处理中理解和生成任务的对话平台，预计参数量达千亿级；2个领域分别为零售、金融；5个应用包含内容生成、人机对话、用户意图理解、信息抽取、情感分类，涵盖零售和金融行业复用程度最高的应用场景。</p><p><img src=\"https://static.tigerbbs.com/fd094cc80797a9943962c09cff15cfab\" tg-width=\"554\" tg-height=\"312\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>京东云言犀宣布将推出产业版ChatGPT：ChatJD</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n京东云言犀宣布将推出产业版ChatGPT：ChatJD\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2023-02-10 15:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>2月10日，京东云旗下言犀人工智能应用平台宣布将整合过往产业实践和技术积累，推出产业版ChatGPT：ChatJD，并公布了ChatJD的落地应用路线图“125”计划。</p><p>据了解，“125”计划包含一个平台、两个领域、五个应用。1个平台是指ChatJD智能人机对话平台，即自然语言处理中理解和生成任务的对话平台，预计参数量达千亿级；2个领域分别为零售、金融；5个应用包含内容生成、人机对话、用户意图理解、信息抽取、情感分类，涵盖零售和金融行业复用程度最高的应用场景。</p><p><img src=\"https://static.tigerbbs.com/fd094cc80797a9943962c09cff15cfab\" tg-width=\"554\" tg-height=\"312\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/847d34c1e3c7971d406d09709e533466","relate_stocks":{"LU0051755006.USD":"摩根大通中国A (dist)","LU0456846285.SGD":"JPMorgan Funds - Greater China A (acc) SGD","SG9999002463.SGD":"LionGlobal China Growth SGD","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","LU0456842615.SGD":"JPMorgan Funds - Emerging Markets Equity A (acc) SGD","BK4122":"互联网与直销零售","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","BK4505":"高瓴资本持仓","LU0865486749.SGD":"Eastspring Investments - Asian Equity Income AS SGD-H","BK4504":"桥水持仓","09618":"京东集团-SW","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","BK1142":"互联网与直销零售","JD":"京东","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","QNETCN":"纳斯达克中美互联网老虎指数","LU1366334651.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"I\" (USD) INC"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177753271","content_text":"2月10日，京东云旗下言犀人工智能应用平台宣布将整合过往产业实践和技术积累，推出产业版ChatGPT：ChatJD，并公布了ChatJD的落地应用路线图“125”计划。据了解，“125”计划包含一个平台、两个领域、五个应用。1个平台是指ChatJD智能人机对话平台，即自然语言处理中理解和生成任务的对话平台，预计参数量达千亿级；2个领域分别为零售、金融；5个应用包含内容生成、人机对话、用户意图理解、信息抽取、情感分类，涵盖零售和金融行业复用程度最高的应用场景。","news_type":1,"symbols_score_info":{"JD":0.9,"QNETCN":0.9,"09618":0.9}},"isVote":1,"tweetType":1,"viewCount":4046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":432896070664968,"gmtCreate":1746720945539,"gmtModify":1746720947239,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"完全同意","listText":"完全同意","text":"完全同意","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/432896070664968","repostId":"1122066706","repostType":2,"repost":{"id":"1122066706","kind":"news","pubTimestamp":1746711772,"share":"https://www.laohunote.com/m/news/1122066706?lang=zh_CN&edition=full","pubTime":"2025-05-08 21:42","market":"us","language":"zh","title":"摩根士丹利：特斯拉是“AI+制造业”的最完美融合标的","url":"https://stock-news.laohu8.com/highlight/detail?id=1122066706","media":"智通财经网","summary":"“AI投资逻辑”近期在全球股票市场重新发酵。","content":"<html><head></head><body><p>周四，特斯拉盘初拉升涨超3.5%。大摩发布研报，认为特斯拉则是“AI+制造业”天作之合的最完美融合标的。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a670eb7db56fc77d080fec64a54390eb\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p>“AI投资逻辑”近期在全球股票市场重新发酵，或者说是AI这一自2023年以来全球范围内最热门投资主题重获全球资金聚焦与青睐，也是近年来持续深耕AI领域的电动汽车与自动驾驶霸主特斯拉股价反弹的重要逻辑。</p><p style=\"text-align: left;\"><strong>全球首富马斯克所掌舵的特斯拉基于人工智能超算体系打造出的愈发成熟完全无人驾驶版本FSD，以及基于FSD的Robotaxi完全无人自动驾驶出租车体系，使得特斯拉长期位列“热门AI概念股”。</strong>特斯拉持续向人工智能(AI)与人形机器人等前沿科技领域的多元化发展步伐，也是一些投资机构长期看涨特斯拉股价的核心逻辑。</p><p style=\"text-align: left;\">据了解，华尔街另一金融巨头<a href=\"https://laohu8.com/S/MS\" title=\"摩根士丹利\" class=\"\">摩根士丹利</a>(以下简称“大摩)近日发布的深度研究报告显示，人工智能与传统/高端制造业看似矛盾却极度完美的深度结合，有望驱动制造业长期低迷的美国开启制造业复兴模式，<strong>而特斯拉则堪称是“AI+制造业”天作之合的最完美融合标的。</strong></p><p style=\"text-align: left;\"><strong>大摩在这份研报中通过“六大维度护城河”框架解析特斯拉竞争优势，认为其强大的“人工智能+制造”扩张宏图是旗下电动汽车、FSD订阅以及Robotaxi的最核心竞争壁垒。</strong></p><p style=\"text-align: left;\">大摩分析师团队表示，人工智能的全球扩散使制造业回流美国成为必要;同时，人工智能的扩散也使制造业全面回流的可能性激增;就这样，人工智能既是美国，乃至全球制造业全面复兴的原因，也是其结果。大摩重申对于特斯拉股票的“增持”这一最乐观看涨评级，以及高达410美元的目标股价，并且特斯拉持续位列大摩的“首选股票”清单。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b75e7e7abd20767052d8e0818868eb6\" title=\"\" tg-width=\"1180\" tg-height=\"521\"/></p><h2 id=\"id_1321949295\" style=\"text-align: left;\">人工智能与制造业堪称“天作之合”! 特斯拉具备六大独家优势</h2><p style=\"text-align: left;\">大摩分析团队在研报中提到，“AI芯片霸主”英伟达首席执行官黄仁勋近期访问白宫，<strong>深刻揭示并强调了人工智能与传统/高端制造业之间看似奇特却绝对必不可少的重要关系</strong>。“黄仁勋先生5月1日即兴发表的关于美国制造业的言论很好地抓住了我们试图精准向投资者们传达的特斯拉相对优势的精髓，这些优势使得我们将特斯拉列入‘首选股票’清单。”大摩分析师团队在报告中写道。</p><p style=\"text-align: left;\">“<strong>黄仁勋先生的原话最能说明这一点：制造业不再关乎低成本制造模式。制造业关乎的是高科技本身。</strong>”</p><p style=\"text-align: left;\">“目前建设的这些大型AI超算系统，正是未来最先进的制造基地，大多数工厂都将是最先进的未来工厂。我们将使用人工智能、人形机器人以及沉浸式元宇宙数字孪生技术来打造未来式工厂。而且我们必须就在美国建设它。”</p><p style=\"text-align: left;\">“这一新产业本身也是制造业的一部分……(此处黄仁勋指向超级AI计算机)那就是一台工厂式的大型机器。”以上为大摩团队援引的黄仁勋在“投资于美国”会议上的重要讲话摘录。</p><p style=\"text-align: left;\">大摩分析团队写道：我们经常被投资者们问到，特斯拉超级工厂的秘诀究竟是什么?特斯拉本身的护城河在哪里?其实，并不只是某一项单一因素，而是六大维度的属性全面组合让特斯拉有别于任何“AI+制造业”的同行或者电动汽车制造行业、自动驾驶出租车领域的同行们。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7427f669690ca00e63b018d31c37edb\" title=\"\" tg-width=\"754\" tg-height=\"438\"/></p><p style=\"text-align: left;\"><strong>以下为大摩分析师团队所总结的特斯拉在“AI+制造业”以及电动汽车制造、Robotaxi与自动驾驶等业务覆盖领域的DREAMS“六维护城河”。</strong></p><p style=\"text-align: left;\"><strong>数据(D)。</strong> 如今道路上有700万辆特斯拉品牌的电动汽车，预计到2040年将超过1亿辆，这意味着特斯拉能够获取的视觉与全方位交通立体测算数据规模远高于同行。</p><p style=\"text-align: left;\"><strong>机器人(R)</strong>。 拥有基于特斯拉内部独家研发的电机与致动/执行器。仅仅是Optimus机器人(擎天柱人形机器人)的双手就拥有22个自由度。</p><p style=\"text-align: left;\"><strong>能源(E)</strong>。 在规模化电池储能解决方案方面处于全球领先地位。</p><p style=\"text-align: left;\"><strong>人工智能(A)</strong>。 拥有世界一流的AI团队，并且马斯克本人创立并领导的AI新势力xAI所推出的Grok系列AI大模型，未来或将与特斯拉人工智能超算体系进行深度融合。特斯拉已经开发出FSD(完全自动驾驶)、Dojo超级计算机和定制化AI芯片。特斯拉基于AI超算体系所打造的FSD，有了Grok最先进大模型的接入相当于“大脑迎来智力等级提升”，对于需要在极短时间内根据视觉场景做出极速推理能力的Optimus来说也可谓是强劲催化剂。</p><p style=\"text-align: left;\"><strong>制造(M)</strong>。 是全球垂直整合程度最高、美国本土供应链比例最高的电动汽车公司，集成人工智能系统、人形机器人、汽车一体化铸造产线、强大的储能解决方案等制造业最先进生产力，且最强大的本土供应链有助于特斯拉全然免疫特朗普政府所掀起的席卷全球的“关税风暴”。</p><p style=\"text-align: left;\"><strong>太空(S)</strong>。 提供冗余、弹性且网络安全等级最高的通信模式。SpaceX有望充当数据传输层——即人工智能生态系统的核心连接纽带。</p><p style=\"text-align: left;\">大摩表示，<strong>在特斯拉独家具备的以上攸关“AI+制造业”的“DREAMS”六大维度中，马斯克所期待的该科技公司六大维度护城河中最关键的单一组成部分是什么?毫无疑问——制造，特斯拉引领全球的先进制造模式乃电动汽车、FSD订阅模式、人形机器人以及Robotaxi的基础底座。</strong>综合六大维度，大摩看涨特斯拉股价未来12个月内达到410美元，并且坚持“增持”评级。截至周三美股收盘，特斯拉股价收于276.220美元。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d19645db33f32e1a251cfacfb8d8fd0\" title=\"\" tg-width=\"757\" tg-height=\"383\"/></p><p style=\"text-align: left;\">大摩分析师团队写道：“你需要制造探针(产品)来收集数据，从而改进探针，再收集更多数据来改进探针完成这个封闭循环。数据则决定软件，软件决定硬件，硬件决定制造。马斯克利用汽车行业作为试验场来培养他在其他领域的能力……<strong>对于特斯拉来说，汽车之于它正如书籍之于亚马逊</strong>。”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3f5753194b10171e83a6710258cce4e\" title=\"\" tg-width=\"736\" tg-height=\"404\"/></p><h2 id=\"id_771406848\" style=\"text-align: left;\">知识与原子(思想者与行动者)：来自亚历山大的启示</h2><p style=\"text-align: left;\">大摩分析师团队将亚历山大博物馆“思想者(知识)”与“行动者(原子)”割裂的历史教训，<strong>比喻为当今数字经济(知识)与实体经济(原子)常被分开的通病;而特斯拉之所以被他们视为“AI+制造业”这一全新前沿范式领军者，正是因为马斯克所领导的特斯拉把知识‑软件‑数据与制造‑硬件‑工厂这两大世界重新“焊接”在了一起。</strong></p><p style=\"text-align: left;\">大摩表示，这恰好对应报告里给特斯拉列出的六重护城河(数据、机器人、能源、AI、制造、太空)——尤其突出制造(Manufacturing)在闭环中的核心地位。</p><p style=\"text-align: left;\"><strong>为帮助阐明人工智能从数字化经济(比特和字节的经济)向全球经济体实体经济(原子和光子的经济)的扩散，大摩分析师团队引用了H.G.威尔斯1922年的著作《世界简史》第27章：“亚历山大博物馆和图书馆”。</strong>这个援引的例子旨在传达：尽管亚历山大藏书馆代表了当时古代世界最全面的知识收藏，但由于“思想者”和“行动者”的全面分离，其进步主义思想最终受到了限制。</p><p style=\"text-align: left;\"><strong>以下为大摩分析师团队援引的“亚历山大博物馆和图书馆”章节：</strong></p><p style=\"text-align: left;\">H.G.威尔斯写道：“在这里，我们看到了系统地收集和传播知识。这座博物馆和图书馆的建立标志着人类历史上一个伟大时代的开端。”</p><p style=\"text-align: left;\">“但研究工作和传播工作都在非常艰难的障碍之下进行。其中之一就是巨大的社会鸿沟，将作为绅士的哲学家与商人和手工艺人区分开来。”</p><p style=\"text-align: left;\">“那时有大量的玻璃工匠和金属工匠，但他们在思想上与那些思想家没有联系。玻璃工匠制造着极其美丽的彩色珠子和小瓶等精美制品，但他从未制造过佛罗伦萨烧瓶或透镜。透明玻璃似乎并未引起他的兴趣。”</p><p style=\"text-align: left;\">“金属工匠制造武器和珠宝，但他从未制造过化学天平。哲学家高谈阔论原子和万物的本质，但在珐琅、颜料、滤器等方面他没有任何实践经验。他对物质并不感兴趣。”</p><p style=\"text-align: left;\">“因此，亚历山大在那短暂的机遇年代里没有诞生显微镜和化学这一学科。尽管希罗发明了一种叫汽转球的蒸汽机，但它从未被用来抽水、驾船或做任何有用的事情。”</p></body></html>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>摩根士丹利：特斯拉是“AI+制造业”的最完美融合标的</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n摩根士丹利：特斯拉是“AI+制造业”的最完美融合标的\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-08 21:42 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1290849.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>周四，特斯拉盘初拉升涨超3.5%。大摩发布研报，认为特斯拉则是“AI+制造业”天作之合的最完美融合标的。“AI投资逻辑”近期在全球股票市场重新发酵，或者说是AI这一自2023年以来全球范围内最热门投资主题重获全球资金聚焦与青睐，也是近年来持续深耕AI领域的电动汽车与自动驾驶霸主特斯拉股价反弹的重要逻辑。全球首富马斯克所掌舵的特斯拉基于人工智能超算体系打造出的愈发成熟完全无人驾驶版本FSD，以及基于...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1290849.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9749762c5ee11a52030b4c66a89c8026","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://www.zhitongcaijing.com/content/detail/1290849.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"1122066706","content_text":"周四，特斯拉盘初拉升涨超3.5%。大摩发布研报，认为特斯拉则是“AI+制造业”天作之合的最完美融合标的。“AI投资逻辑”近期在全球股票市场重新发酵，或者说是AI这一自2023年以来全球范围内最热门投资主题重获全球资金聚焦与青睐，也是近年来持续深耕AI领域的电动汽车与自动驾驶霸主特斯拉股价反弹的重要逻辑。全球首富马斯克所掌舵的特斯拉基于人工智能超算体系打造出的愈发成熟完全无人驾驶版本FSD，以及基于FSD的Robotaxi完全无人自动驾驶出租车体系，使得特斯拉长期位列“热门AI概念股”。特斯拉持续向人工智能(AI)与人形机器人等前沿科技领域的多元化发展步伐，也是一些投资机构长期看涨特斯拉股价的核心逻辑。据了解，华尔街另一金融巨头摩根士丹利(以下简称“大摩)近日发布的深度研究报告显示，人工智能与传统/高端制造业看似矛盾却极度完美的深度结合，有望驱动制造业长期低迷的美国开启制造业复兴模式，而特斯拉则堪称是“AI+制造业”天作之合的最完美融合标的。大摩在这份研报中通过“六大维度护城河”框架解析特斯拉竞争优势，认为其强大的“人工智能+制造”扩张宏图是旗下电动汽车、FSD订阅以及Robotaxi的最核心竞争壁垒。大摩分析师团队表示，人工智能的全球扩散使制造业回流美国成为必要;同时，人工智能的扩散也使制造业全面回流的可能性激增;就这样，人工智能既是美国，乃至全球制造业全面复兴的原因，也是其结果。大摩重申对于特斯拉股票的“增持”这一最乐观看涨评级，以及高达410美元的目标股价，并且特斯拉持续位列大摩的“首选股票”清单。人工智能与制造业堪称“天作之合”! 特斯拉具备六大独家优势大摩分析团队在研报中提到，“AI芯片霸主”英伟达首席执行官黄仁勋近期访问白宫，深刻揭示并强调了人工智能与传统/高端制造业之间看似奇特却绝对必不可少的重要关系。“黄仁勋先生5月1日即兴发表的关于美国制造业的言论很好地抓住了我们试图精准向投资者们传达的特斯拉相对优势的精髓，这些优势使得我们将特斯拉列入‘首选股票’清单。”大摩分析师团队在报告中写道。“黄仁勋先生的原话最能说明这一点：制造业不再关乎低成本制造模式。制造业关乎的是高科技本身。”“目前建设的这些大型AI超算系统，正是未来最先进的制造基地，大多数工厂都将是最先进的未来工厂。我们将使用人工智能、人形机器人以及沉浸式元宇宙数字孪生技术来打造未来式工厂。而且我们必须就在美国建设它。”“这一新产业本身也是制造业的一部分……(此处黄仁勋指向超级AI计算机)那就是一台工厂式的大型机器。”以上为大摩团队援引的黄仁勋在“投资于美国”会议上的重要讲话摘录。大摩分析团队写道：我们经常被投资者们问到，特斯拉超级工厂的秘诀究竟是什么?特斯拉本身的护城河在哪里?其实，并不只是某一项单一因素，而是六大维度的属性全面组合让特斯拉有别于任何“AI+制造业”的同行或者电动汽车制造行业、自动驾驶出租车领域的同行们。以下为大摩分析师团队所总结的特斯拉在“AI+制造业”以及电动汽车制造、Robotaxi与自动驾驶等业务覆盖领域的DREAMS“六维护城河”。数据(D)。 如今道路上有700万辆特斯拉品牌的电动汽车，预计到2040年将超过1亿辆，这意味着特斯拉能够获取的视觉与全方位交通立体测算数据规模远高于同行。机器人(R)。 拥有基于特斯拉内部独家研发的电机与致动/执行器。仅仅是Optimus机器人(擎天柱人形机器人)的双手就拥有22个自由度。能源(E)。 在规模化电池储能解决方案方面处于全球领先地位。人工智能(A)。 拥有世界一流的AI团队，并且马斯克本人创立并领导的AI新势力xAI所推出的Grok系列AI大模型，未来或将与特斯拉人工智能超算体系进行深度融合。特斯拉已经开发出FSD(完全自动驾驶)、Dojo超级计算机和定制化AI芯片。特斯拉基于AI超算体系所打造的FSD，有了Grok最先进大模型的接入相当于“大脑迎来智力等级提升”，对于需要在极短时间内根据视觉场景做出极速推理能力的Optimus来说也可谓是强劲催化剂。制造(M)。 是全球垂直整合程度最高、美国本土供应链比例最高的电动汽车公司，集成人工智能系统、人形机器人、汽车一体化铸造产线、强大的储能解决方案等制造业最先进生产力，且最强大的本土供应链有助于特斯拉全然免疫特朗普政府所掀起的席卷全球的“关税风暴”。太空(S)。 提供冗余、弹性且网络安全等级最高的通信模式。SpaceX有望充当数据传输层——即人工智能生态系统的核心连接纽带。大摩表示，在特斯拉独家具备的以上攸关“AI+制造业”的“DREAMS”六大维度中，马斯克所期待的该科技公司六大维度护城河中最关键的单一组成部分是什么?毫无疑问——制造，特斯拉引领全球的先进制造模式乃电动汽车、FSD订阅模式、人形机器人以及Robotaxi的基础底座。综合六大维度，大摩看涨特斯拉股价未来12个月内达到410美元，并且坚持“增持”评级。截至周三美股收盘，特斯拉股价收于276.220美元。大摩分析师团队写道：“你需要制造探针(产品)来收集数据，从而改进探针，再收集更多数据来改进探针完成这个封闭循环。数据则决定软件，软件决定硬件，硬件决定制造。马斯克利用汽车行业作为试验场来培养他在其他领域的能力……对于特斯拉来说，汽车之于它正如书籍之于亚马逊。”知识与原子(思想者与行动者)：来自亚历山大的启示大摩分析师团队将亚历山大博物馆“思想者(知识)”与“行动者(原子)”割裂的历史教训，比喻为当今数字经济(知识)与实体经济(原子)常被分开的通病;而特斯拉之所以被他们视为“AI+制造业”这一全新前沿范式领军者，正是因为马斯克所领导的特斯拉把知识‑软件‑数据与制造‑硬件‑工厂这两大世界重新“焊接”在了一起。大摩表示，这恰好对应报告里给特斯拉列出的六重护城河(数据、机器人、能源、AI、制造、太空)——尤其突出制造(Manufacturing)在闭环中的核心地位。为帮助阐明人工智能从数字化经济(比特和字节的经济)向全球经济体实体经济(原子和光子的经济)的扩散，大摩分析师团队引用了H.G.威尔斯1922年的著作《世界简史》第27章：“亚历山大博物馆和图书馆”。这个援引的例子旨在传达：尽管亚历山大藏书馆代表了当时古代世界最全面的知识收藏，但由于“思想者”和“行动者”的全面分离，其进步主义思想最终受到了限制。以下为大摩分析师团队援引的“亚历山大博物馆和图书馆”章节：H.G.威尔斯写道：“在这里，我们看到了系统地收集和传播知识。这座博物馆和图书馆的建立标志着人类历史上一个伟大时代的开端。”“但研究工作和传播工作都在非常艰难的障碍之下进行。其中之一就是巨大的社会鸿沟，将作为绅士的哲学家与商人和手工艺人区分开来。”“那时有大量的玻璃工匠和金属工匠，但他们在思想上与那些思想家没有联系。玻璃工匠制造着极其美丽的彩色珠子和小瓶等精美制品，但他从未制造过佛罗伦萨烧瓶或透镜。透明玻璃似乎并未引起他的兴趣。”“金属工匠制造武器和珠宝，但他从未制造过化学天平。哲学家高谈阔论原子和万物的本质，但在珐琅、颜料、滤器等方面他没有任何实践经验。他对物质并不感兴趣。”“因此，亚历山大在那短暂的机遇年代里没有诞生显微镜和化学这一学科。尽管希罗发明了一种叫汽转球的蒸汽机，但它从未被用来抽水、驾船或做任何有用的事情。”","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":3463,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3486644284064555","authorId":"3486644284064555","name":"greater","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":0,"idStr":"3486644284064555","authorIdStr":"3486644284064555"},"content":"同意被这种洼地企业诈骗？","text":"同意被这种洼地企业诈骗？","html":"同意被这种洼地企业诈骗？"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":565809741608560,"gmtCreate":1779171523740,"gmtModify":1779171525723,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"，","listText":"，","text":"，","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/565809741608560","repostId":"2636788575","repostType":2,"repost":{"id":"2636788575","kind":"news","pubTimestamp":1779160135,"share":"https://www.laohunote.com/m/news/2636788575?lang=zh_CN&edition=full","pubTime":"2026-05-19 11:08","market":"hk","language":"zh","title":"“财报魔咒”难破？英伟达股价绩前回调，期权多头艰难闯关","url":"https://stock-news.laohu8.com/highlight/detail?id=2636788575","media":"智通财经","summary":"智通财经APP获悉，本周市场目光聚焦AI巨头英伟达，公司将于5月20日(周三)美股盘后公布2027财年一季度财报。而在财报靴子落地前夕，英伟达股价大幅回调，多头陷入艰难的逆势博弈之中。英伟达股价周一走低，较上周四的高点下跌超过6.5%，这让英伟达期权交易者再度迎来艰难交易日，大批热门短期看涨合约价值再度大幅缩水甚至直接归零。截至周一收盘，英伟达跌1.33%，报222.32美元，年内股价累计上涨19%。","content":"<html><head></head><body><p>5月19日，本周市场目光聚焦AI巨头<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>，公司将于5月20日(周三)美股盘后公布2027财年一季度财报。作为牵动科技赛道乃至大盘走向的核心风向标，英伟达业绩早已超越个股范畴，左右全市场投资情绪。而在财报靴子落地前夕，英伟达股价大幅回调，多头陷入艰难的逆势博弈之中。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a0841c12cc269a47c0206643a60a4bf\" tg-width=\"560\" tg-height=\"240\" data-image-type=\"kline\"/></p><h2 id=\"id_2575675054\">英伟达股价绩前下跌，多头逆势布局</h2><p>期权交易圈流传着一句经典行话：“Sell a tiny, buy a Lamborghini”，直白来说就是“沽空微权合约，终提兰博基尼”。</p><p>这句话精准概括了一种高胜率的期权交易策略：交易者卖出价格低廉、行权希望渺茫的虚值期权，稳稳赚取权利金。日积月累，靠这类小额收益便能积攒可观利润。而与之相对的，就是接手这些廉价期权、最终血本无归的买方投资者。</p><p>而本周一英伟达的股价走势，正是这一交易逻辑最真实的写照。</p><p>英伟达股价周一走低，较上周四的高点下跌超过6.5%，这让英伟达期权交易者再度迎来艰难交易日，大批热门短期看涨合约价值再度大幅缩水甚至直接归零。</p><p>SpotGamma汇编的数据显示，截至周一中午，英伟达期权交易中超过15%的合约将于当日收盘时到期。其中最热门的合约包括行权价为225美元和222.5美元的看涨期权，交易量均超过22万张。令人唏嘘的是，这类合约上周五尚且处于实值盈利状态，仅仅一个交易日便因股价回调沦为废纸，一文不值。这与上周五的情况如出一辙，当时行权价为235美元的看涨期权、共计1.14亿美元权利金因英伟达股价回落而悉数蒸发，跟风押注的短线投资者损失惨重。</p><p>尽管股价持续走弱、短期期权频频“爆雷”，但多头并未投降。周一，英伟达期权交易量位居市场第五，仅次于基准股指和<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>，成交量超过300万份合约，期权总权利金规模突破13亿美元，其中看涨期权占比高达10亿美元。</p><p>根据 ThinkOrSwim 的数据，周一英伟达看涨期权的成交量是看跌期权的两倍多，但多数看涨期权以买一价或更低价位成交，这意味着这些看涨期权大概率是被投资者抛售，而非主动买入。</p><p>即便如此，市场中仍有坚定的多头力量在逆势布局。当日四笔超大额英伟达期权交易，均为多头资金大手笔买入本周五到期的高价实值看涨期权，单笔交易金额均不低于 1000 万美元。侧面反映出部分专业投资者依然看好英伟达财报表现，愿意押注业绩超预期带来的股价反弹。</p><p>根据<a href=\"https://laohu8.com/S/CBOE\">芝加哥期权交易所</a> (Cboe) LiveVol 的数据，交易者预计英伟达财报前后股价波动幅度可达6.25%，与通常预期基本持平，但高于3.2%的平均实际波动幅度。</p><p>对于当前手握看涨期权的投资者而言，局势尤为严峻。历史数据显示，英伟达近三次财报披露后股价均下跌，其中今年2月财报出炉后股价大跌5.5%，“财报魔咒”的阴影持续笼罩。多头想要在本次财报中逆风翻盘，难度可想而知。</p><h2 id=\"id_2879603981\">英伟达财报有多重要?</h2><p>归根结底，英伟达财报前夕的期权博弈，本质上是市场对AI龙头未来走势的分歧体现。</p><p>周三美股盘后，随着财报靴子的落地，这场多空博弈将迎来阶段性答案，而英伟达的业绩表现不仅影响自身股价，更将成为AI赛道以及整体科技股的“风向标”，引领后续行情走向。</p><p>市场普遍预期，英伟达第一季度每股收益(EPS)为1.76美元，营收为787.5亿美元，远高于该公司上年同期的0.96美元每股收益和440.6亿美元营收。数据中心业务收入有望达到728.5亿美元，远高于上年同期的391.1亿美元。</p><p>据报道，财报公布前夕，多家华尔街大行对英伟达持乐观看法并上调目标价：美国银行将英伟达目标价由300美元上调至320美元，<a href=\"https://laohu8.com/S/WFC\">富国银行</a>将目标价从265美元大幅上调至315美元;瑞银则将目标价从245美元上调至275美元;<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>将目标价由260美元上调至285美元。</p><p>值得注意的是，此前英伟达首席执行官黄仁勋随同美方高层完成访华行程，此次财报会上有关对华合作布局的言论将成为市场焦点。</p><p>此前有消息称，美方已批准<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/00700\">腾讯</a>、字节跳动等行业巨头采购英伟达H200系列芯片，该消息也一度推动英伟达股价创下历史新高，市值突破5.7万亿美元大关。</p><p>不过，瑞银分析师Tim Arcuri指出，近几个月来，投资者一直持谨慎态度，只有一份绝对出色的财报才能彻底提振市场信心。</p><p>截至周一收盘，英伟达跌1.33%，报222.32美元，年内股价累计上涨19%。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>“财报魔咒”难破？英伟达股价绩前回调，期权多头艰难闯关</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“财报魔咒”难破？英伟达股价绩前回调，期权多头艰难闯关\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-19 11:08 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1443257.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>5月19日，本周市场目光聚焦AI巨头英伟达，公司将于5月20日(周三)美股盘后公布2027财年一季度财报。作为牵动科技赛道乃至大盘走向的核心风向标，英伟达业绩早已超越个股范畴，左右全市场投资情绪。而在财报靴子落地前夕，英伟达股价大幅回调，多头陷入艰难的逆势博弈之中。英伟达股价绩前下跌，多头逆势布局期权交易圈流传着一句经典行话：“Sell a tiny, buy a Lamborghini”，直白...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1443257.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3f1c866c487eb9e101f73a62d4495ce9","relate_stocks":{"LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU2394011477.USD":"JPMORGAN CLIMATE CHANGE SOLUTIONS \"A\" (USD) ACC","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4141":"半导体产品","NVDA":"英伟达","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","LU0444971666.USD":"天利全球科技基金","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU1400636657.SGD":"Allianz Europe Income and Growth Cl AMg DIS H2-SGD","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","ANV":"GraniteShares Autocallable NVDA ETF","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","LU0882574139.USD":"富达环球消费行业基金A ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU0557290698.USD":"施罗德环球可持续增长基金","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","BK4503":"景林资产持仓","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","SG9999014559.SGD":"United Income Focus Trust Dis SGD","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","NVDO":"2倍上限加速NVDA ETF-Leverage Shares","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0080751232.USD":"富达环球多元动力基金A","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU0070217475.USD":"JPM GLOBAL SELECT EQUITY \"A\" ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU1821325948.USD":"NINETY ONE GSF GLOBAL MACRO ALLOCATION \"A\" (USD) ACC","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4592":"伊斯兰概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","DIPS":"做空NVDA期权收益策略ETF-YieldMax","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU1645745479.HKD":"ALLIANZ EUROPE INCOME AND GROWTH \"AM\" (HKDHDG) INC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","LU0347712357.USD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","BK4598":"佩洛西持仓","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IE0001KFT4U8.USD":"FTGF CLEARBRIDGE GLOBAL GROWTH LEADERS \"A\" (USD) INC","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","BK4605":"半导体精选","LU1202635105.USD":"ALLIANZ EUROPE INCOME AND GROWTH \"AM\" (USDHDG) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","BK4608":"AI应用概念股","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","BK4612":"AI芯片","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4614":"Manus概念股","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4579":"人工智能","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0109392836.USD":"富兰克林科技股A","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","LU0143551892.USD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A\" (USD) ACC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU2462591277.SGD":"TRP GLOBAL FOCUSED GROWTH EQUITY \"AN\" (SGDHDG) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU2954938101.SGD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A8P\" (SGD) INC","LU2999663052.SGD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A4P\" (SGD) INC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU2047632596.USD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"A\" (USD) ACC","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","LU2100268510.USD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"AX\" (USD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","LU3102509885.SGD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"A8P\" (SGDHDG) INC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","BK4588":"碎股","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2063271972.USD":"富兰克林创新领域基金","LU0174119429.USD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"A\" ACC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2462591350.SGD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"AN\" (SGDHDG) ACC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU1400636574.HKD":"ALLIANZ EUROPE INCOME AND GROWTH \"AMG\" (HKDHDG) INC","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4587":"ChatGPT概念","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","BK4567":"ESG概念","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","BK4585":"ETF&股票定投概念","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU2637965513.SGD":"BGF GLOBAL ALLOCATION \"A10\" (SGDHDG) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU0823414478.USD":"法巴经典能源转换基金","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","SG9999001424.SGD":"United E-Commerce Fund SGD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU1670756490.USD":"ALLIANZ EUROPE INCOME AND GROWTH \"AT\" (USDHDG) ACC","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","BK4543":"AI","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","07388":"南方两倍做空英伟达","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","BK4549":"软银资本持仓","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","BK4554":"元宇宙及AR概念","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","SG9999002232.USD":"Allianz Global High Payout USD","SG9999002224.SGD":"Allianz Global High Payout SGD","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU2083900584.USD":"HSBC GIF US INCOME FOCUSED \"AM2\" (USD) INC","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU1400636491.USD":"Allianz Europe Income and Growth Cl AMg DIS H2-USD","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","NVD":"2倍做空NVDA ETF-GraniteShares","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","NVDB":"ProShares Ultra NVDA ETF","BK4550":"红杉资本持仓","07788":"南方两倍做多英伟达","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","HK0000304805.HKD":"PICTET 战略收益基金 P类港元","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","NVDD":"1倍做空NVDA ETF-Direxion","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","HK0000304797.USD":"PICTET 战略收益基金 P类 美元","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4551":"寇图资本持仓","NVDG":"2倍做多NVDA ETF- Leverage Shares","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","NVDL":"2倍做多NVDA ETF-GraniteShares","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","NVDQ":"2倍做空NVDA ETF-T-Rex","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","NVDS":"1.5倍做空NVDA ETF-Tradr","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","NVDU":"2倍做多NVDA ETF-Direxion","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4529":"IDC概念","NVDW":"NVDA周配息ETF-Roundhill","LU0238689110.USD":"贝莱德环球动力股票基金","LU0072462426.USD":"贝莱德全球配置 A2","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","NVDX":"2倍做多NVDA ETF-T-Rex","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","NVDY":"NVDA期权收益策略ETF-YieldMax","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","HK0000819398.USD":"BLACKROCK PREMIER SYSTEMATIC GLOBAL EQUITY HIGH INCOME FUND A10 (USD)INC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU2860962120.EUR":"CPR INVEST - ARTIFICIAL INTELLIGENCE \"A2\" (EUR) ACC A","NVII":"Rex NVDA Growth & Income ETF","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","BK4527":"明星科技股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","HK0000532082.HKD":"ALLIANZ SELECTION INCOME AND GROWTH \"AM\" (HKD) INC","NVYY":"GraniteShares YieldBOOST NVDA ETF","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0861579265.USD":"联博低波幅策略股票基金A","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC"},"source_url":"http://www.zhitongcaijing.com/content/detail/1443257.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2636788575","content_text":"5月19日，本周市场目光聚焦AI巨头英伟达，公司将于5月20日(周三)美股盘后公布2027财年一季度财报。作为牵动科技赛道乃至大盘走向的核心风向标，英伟达业绩早已超越个股范畴，左右全市场投资情绪。而在财报靴子落地前夕，英伟达股价大幅回调，多头陷入艰难的逆势博弈之中。英伟达股价绩前下跌，多头逆势布局期权交易圈流传着一句经典行话：“Sell a tiny, buy a Lamborghini”，直白来说就是“沽空微权合约，终提兰博基尼”。这句话精准概括了一种高胜率的期权交易策略：交易者卖出价格低廉、行权希望渺茫的虚值期权，稳稳赚取权利金。日积月累，靠这类小额收益便能积攒可观利润。而与之相对的，就是接手这些廉价期权、最终血本无归的买方投资者。而本周一英伟达的股价走势，正是这一交易逻辑最真实的写照。英伟达股价周一走低，较上周四的高点下跌超过6.5%，这让英伟达期权交易者再度迎来艰难交易日，大批热门短期看涨合约价值再度大幅缩水甚至直接归零。SpotGamma汇编的数据显示，截至周一中午，英伟达期权交易中超过15%的合约将于当日收盘时到期。其中最热门的合约包括行权价为225美元和222.5美元的看涨期权，交易量均超过22万张。令人唏嘘的是，这类合约上周五尚且处于实值盈利状态，仅仅一个交易日便因股价回调沦为废纸，一文不值。这与上周五的情况如出一辙，当时行权价为235美元的看涨期权、共计1.14亿美元权利金因英伟达股价回落而悉数蒸发，跟风押注的短线投资者损失惨重。尽管股价持续走弱、短期期权频频“爆雷”，但多头并未投降。周一，英伟达期权交易量位居市场第五，仅次于基准股指和特斯拉，成交量超过300万份合约，期权总权利金规模突破13亿美元，其中看涨期权占比高达10亿美元。根据 ThinkOrSwim 的数据，周一英伟达看涨期权的成交量是看跌期权的两倍多，但多数看涨期权以买一价或更低价位成交，这意味着这些看涨期权大概率是被投资者抛售，而非主动买入。即便如此，市场中仍有坚定的多头力量在逆势布局。当日四笔超大额英伟达期权交易，均为多头资金大手笔买入本周五到期的高价实值看涨期权，单笔交易金额均不低于 1000 万美元。侧面反映出部分专业投资者依然看好英伟达财报表现，愿意押注业绩超预期带来的股价反弹。根据芝加哥期权交易所 (Cboe) LiveVol 的数据，交易者预计英伟达财报前后股价波动幅度可达6.25%，与通常预期基本持平，但高于3.2%的平均实际波动幅度。对于当前手握看涨期权的投资者而言，局势尤为严峻。历史数据显示，英伟达近三次财报披露后股价均下跌，其中今年2月财报出炉后股价大跌5.5%，“财报魔咒”的阴影持续笼罩。多头想要在本次财报中逆风翻盘，难度可想而知。英伟达财报有多重要?归根结底，英伟达财报前夕的期权博弈，本质上是市场对AI龙头未来走势的分歧体现。周三美股盘后，随着财报靴子的落地，这场多空博弈将迎来阶段性答案，而英伟达的业绩表现不仅影响自身股价，更将成为AI赛道以及整体科技股的“风向标”，引领后续行情走向。市场普遍预期，英伟达第一季度每股收益(EPS)为1.76美元，营收为787.5亿美元，远高于该公司上年同期的0.96美元每股收益和440.6亿美元营收。数据中心业务收入有望达到728.5亿美元，远高于上年同期的391.1亿美元。据报道，财报公布前夕，多家华尔街大行对英伟达持乐观看法并上调目标价：美国银行将英伟达目标价由300美元上调至320美元，富国银行将目标价从265美元大幅上调至315美元;瑞银则将目标价从245美元上调至275美元;摩根士丹利将目标价由260美元上调至285美元。值得注意的是，此前英伟达首席执行官黄仁勋随同美方高层完成访华行程，此次财报会上有关对华合作布局的言论将成为市场焦点。此前有消息称，美方已批准阿里巴巴、腾讯、字节跳动等行业巨头采购英伟达H200系列芯片，该消息也一度推动英伟达股价创下历史新高，市值突破5.7万亿美元大关。不过，瑞银分析师Tim Arcuri指出，近几个月来，投资者一直持谨慎态度，只有一份绝对出色的财报才能彻底提振市场信心。截至周一收盘，英伟达跌1.33%，报222.32美元，年内股价累计上涨19%。","news_type":1,"symbols_score_info":{"NVDB":0.6,"NVDQ":0.6,"NVDO":0.6,"NVDD":0.6,"07788":0.6,"NVDY":0.6,"NVYY":0.6,"NVDA":2,"NVDS":0.6,"NVD":0.6,"NVDX":0.6,"DIPS":0.6,"NVDL":0.6,"NVDW":0.6,"NVII":0.6,"07388":0.6,"ANV":0.6,"NVDU":0.6,"NVDG":0.6}},"isVote":1,"tweetType":1,"viewCount":870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":493625810018736,"gmtCreate":1761534979340,"gmtModify":1761534981495,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"说说你对这篇新闻的看法...","listText":"说说你对这篇新闻的看法...","text":"说说你对这篇新闻的看法...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/493625810018736","repostId":"2578627476","repostType":2,"repost":{"id":"2578627476","kind":"news","pubTimestamp":1761534006,"share":"https://www.laohunote.com/m/news/2578627476?lang=zh_CN&edition=full","pubTime":"2025-10-27 11:00","market":"us","language":"zh","title":"量子计算怎么一下子成了“国家安全”下一个战场？","url":"https://stock-news.laohu8.com/highlight/detail?id=2578627476","media":"华尔街见闻","summary":"美国主要上市量子计算公司IonQ等公司实现技术突破，业内预测3-5年内可达\"量子优势\"临界点。量子计算机能轻松破解现有加密体系，威胁政府、金融等关键领域安全。美国通过立法要求联邦机构升级抗量子加密，科技巨头与金融机构加速布局，这已成为继半导体后又一国家安全战场。","content":"<html><head></head><body><blockquote><p>美国主要上市量子计算公司IonQ等公司实现技术突破，业内预测3-5年内可达&#34;量子优势&#34;临界点。量子计算机能轻松破解现有加密体系，威胁政府、金融等关键领域安全。美国通过立法要求联邦机构升级抗量子加密，科技巨头与金融机构加速布局，这已成为继半导体后又一国家安全战场。</p></blockquote><p style=\"text-align: left;\">量子计算正迅速从实验室走向地缘政治博弈的中心。这项被业内人士预测最快五年内可能实现重大突破的技术，既能加速救命药物的研发，也能在瞬间破解所有数字加密系统。随着中美两国在该领域竞争加剧，量子技术已成为继半导体之后又一个国家安全关键赛道。</p><p style=\"text-align: left;\">日前，据华尔街日报消息，D-Wave Quantum Inc.、Rigetti Computing Inc.、IonQ Inc.和Quantum Computing Inc.等美国主要上市量子计算公司可能很快获得政府战略投资。尽管白宫随后否认正在与量子计算公司进行讨论，但这一消息已重新点燃市场对量子技术股的乐观情绪。</p><p style=\"text-align: left;\">报道称，随着IonQ宣布实现99.99%的门保真度突破，业内普遍认为距离&#34;量子优势&#34;这一关键拐点仅剩三至五年。<strong>技术临界点的迫近，正在将量子计算从学术话题转变为国家安全的紧迫议题。</strong></p><p style=\"text-align: left;\"><strong>而量子计算的国家安全意义核心在于其对现有加密体系的威胁。</strong>IonQ全球产业关系高级副总裁Marco Pistoia警告，未来&#34;对一个国家的攻击很可能是量子攻击，破解政府、银行或医疗机构的敏感通信&#34;。这促使各国政府加速布局后量子密码学，并将量子技术视为关键基础设施。</p><p style=\"text-align: left;\"><strong>同时，地缘政治因素正在为量子投资注入紧迫性。</strong>根据麦肯锡报告，中国已宣布在量子技术领域投入超153亿美元的政府资金，远超美国政府32亿美元的投资规模。美国银行研究所周四发布的报告指出，人工智能与量子计算的结合可能开启新的技术进步层级，AI加速量子发展，而量子为AI提供必要的计算能力。</p><h2 id=\"id_2103565059\" style=\"text-align: left;\">技术突破临近引发投资热潮</h2><p style=\"text-align: left;\">量子计算的商业化前景正在加速显现。Rigetti Computing首席执行官Subodh Kulkarni表示，业内普遍认为距离&#34;量子优势&#34;这一关键拐点还有三至五年，部分公司的预期更为激进。</p><p style=\"text-align: left;\">Kulkarni将量子优势定义为四个标准：<strong>至少1000个量子比特、至少99.9%的双量子比特门保真度、最多15纳秒的门速度以及某种形式的纠错能力</strong>。本周早些时候，IonQ宣布成为&#34;首家也是唯一一家&#34;实现99.99%双量子比特门保真度的量子计算公司。</p><p style=\"text-align: left;\">伊利诺伊大学香槟分校物理学教授Elizabeth Goldschmidt指出，传统计算机以0或1的二进制位存储信息，而量子计算机使用量子比特，利用亚原子物理规则同时处理多种状态的信息，这使其能够解决传统计算机无法处理的大规模优化问题。</p><p style=\"text-align: left;\">尽管Rigetti、D-Wave和Quantum Computing等公司股价在过去一年涨幅高达3100%，但这些公司仍未实现盈利，因为技术尚未达到商业化所需的规模和可行性。Informed Momentum Company首席投资官Travis Prentice表示：</p><blockquote><p style=\"text-align: left;\">&#34;技术进步相当迅速，股价表现大幅跑赢市场，但商业化收入何时到来仍不明朗。&#34;</p></blockquote><p style=\"text-align: left;\">Kulkarni预计，在实现量子优势后的八至十年内，将出现第二个拐点——容错量子计算的出现，届时量子计算机将能够以远超传统计算机的方式处理任何应用。</p><h2 id=\"id_1665884359\" style=\"text-align: left;\">加密破解能力成双刃剑</h2><p style=\"text-align: left;\">量子计算最令政府既兴奋又担忧的能力是其加密破解潜力。Kulkarni指出，传统计算机破解简单的128位加密需要一千年，因为涉及多个可同时变化的变量。但量子计算机的设计使其在解决近乎不可能的加密问题上具有优势。</p><p style=\"text-align: left;\">目前大多数信息使用128位加密，但Kulkarni认为量子计算机甚至能破解军方等高级组织使用的最安全版本AES-256加密。这种加密依赖同一密钥进行加密和解密，其安全性建立在传统计算机难以破解密钥的基础上。</p><p style=\"text-align: left;\">&#34;当政府被黑客攻击时，加密和解密密钥保护着被盗数据，&#34;Kulkarni说。&#34;担忧在于，一旦量子计算机能够相对轻松地破解加密密钥，这些数据将完全向任何人开放。这就是各国政府感兴趣和担忧的原因。&#34;</p><p style=\"text-align: left;\">IonQ行业关系高级副总裁Marco Pistoia表示，未来&#34;对一个国家的攻击很可能是量子攻击，解密政府、银行或医疗机构的敏感通信&#34;。这一威胁促使拜登政府签署了《量子计算网络安全准备法案》，要求联邦机构将脆弱系统迁移至抗量子加密技术。</p><h2 id=\"id_3612305297\" style=\"text-align: left;\">政府与企业加速布局</h2><p style=\"text-align: left;\">量子技术并非美国政府的新关注点。</p><p style=\"text-align: left;\">2018年，特朗普在首个任期内签署了《国家量子倡议法案》，授权在五年内为量子研发提供12亿美元资金。拜登政府的2022年《芯片与科学法案》将量子技术列为关键基础设施领域，并提供额外资金支持。</p><p style=\"text-align: left;\"><strong>美国科技巨头也深度参与量子领域。</strong>周三，Alphabet Inc.旗下谷歌量子AI团队宣布，其Willow量子芯片在可重复实验中运行算法的速度比传统计算机快13000倍。英伟达公司一直在开发允许传统计算机执行量子控制功能的混合硬件，其企业风险投资部门战略性投资量子硬件公司。8月，IBM和AMD宣布合作探索量子计算与现有高性能计算的整合。</p><p style=\"text-align: left;\"><strong>金融机构也在行动。</strong>本月早些时候，摩根大通宣布了一项1.5万亿美元的计划，用于融资和投资&#34;对国家经济安全和韧性至关重要&#34;的行业，量子计算是其中之一。</p><p style=\"text-align: left;\">IonQ最近成立了专注于为美国政府和盟国机构提供量子服务的新业务部门。美国银行研究所周四发布的报告指出，<strong>人工智能与量子计算的结合可能释放新的技术进步水平，AI加速量子发展，而量子为AI提供必要的计算能力。</strong></p><p style=\"text-align: left;\">Kulkarni强调，量子计算不会取代传统计算机，而是与之共存。&#34;我们将世界视为一个混合系统，&#34;他说。就像CPU和GPU目前在数据中心协同工作为AI提供动力一样，未来量子处理单元将与芯片并列用于量子计算，处理数千个同时相互作用的变量——这正是CPU和GPU今天极难编程的领域。</p><p style=\"text-align: left;\">中美两国已成为量子计算领域的领导者，这场竞争与半导体和能源行业的较量如出一辙。据麦肯锡报告，中国已宣布为量子技术提供超过153亿美元的政府资金，远超美国政府的32亿美元投资。中国在政府资金投入上领先，美国在私营部门发展和量子专利总数上保持优势。</p><p style=\"text-align: left;\">曾在摩根大通担任全球量子计算负责人、此前在IBM从事量子研究的Pistoia认为，量子计算将对人类生活产生&#34;革命性影响&#34;。&#34;<strong>没有国家愿意在量子计算竞赛中落后</strong>，&#34;他说。</p></body></html>","source":"wallstreetcn_hot_news","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>量子计算怎么一下子成了“国家安全”下一个战场？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n量子计算怎么一下子成了“国家安全”下一个战场？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-27 11:00 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3757948><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>美国主要上市量子计算公司IonQ等公司实现技术突破，业内预测3-5年内可达\"量子优势\"临界点。量子计算机能轻松破解现有加密体系，威胁政府、金融等关键领域安全。美国通过立法要求联邦机构升级抗量子加密，科技巨头与金融机构加速布局，这已成为继半导体后又一国家安全战场。量子计算正迅速从实验室走向地缘政治博弈的中心。这项被业内人士预测最快五年内可能实现重大突破的技术，既能加速救命药物的研发，也能在瞬间破解...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3757948\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/795ae9c76f17dac24ea12836f4b725de","relate_stocks":{"QMCO":"昆腾","QTUM":"Defiance Quantum ETF","LAES":"SEALSQ Corp","RGTI":"Rigetti Computing","ARQQ":"Arqit Quantum Inc.","QUBT":"Quantum Computing Inc.","QBTS":"D-Wave Quantum Inc.","IONQ":"IONQ Inc."},"source_url":"https://wallstreetcn.com/articles/3757948","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2578627476","content_text":"美国主要上市量子计算公司IonQ等公司实现技术突破，业内预测3-5年内可达\"量子优势\"临界点。量子计算机能轻松破解现有加密体系，威胁政府、金融等关键领域安全。美国通过立法要求联邦机构升级抗量子加密，科技巨头与金融机构加速布局，这已成为继半导体后又一国家安全战场。量子计算正迅速从实验室走向地缘政治博弈的中心。这项被业内人士预测最快五年内可能实现重大突破的技术，既能加速救命药物的研发，也能在瞬间破解所有数字加密系统。随着中美两国在该领域竞争加剧，量子技术已成为继半导体之后又一个国家安全关键赛道。日前，据华尔街日报消息，D-Wave Quantum Inc.、Rigetti Computing Inc.、IonQ Inc.和Quantum Computing Inc.等美国主要上市量子计算公司可能很快获得政府战略投资。尽管白宫随后否认正在与量子计算公司进行讨论，但这一消息已重新点燃市场对量子技术股的乐观情绪。报道称，随着IonQ宣布实现99.99%的门保真度突破，业内普遍认为距离\"量子优势\"这一关键拐点仅剩三至五年。技术临界点的迫近，正在将量子计算从学术话题转变为国家安全的紧迫议题。而量子计算的国家安全意义核心在于其对现有加密体系的威胁。IonQ全球产业关系高级副总裁Marco Pistoia警告，未来\"对一个国家的攻击很可能是量子攻击，破解政府、银行或医疗机构的敏感通信\"。这促使各国政府加速布局后量子密码学，并将量子技术视为关键基础设施。同时，地缘政治因素正在为量子投资注入紧迫性。根据麦肯锡报告，中国已宣布在量子技术领域投入超153亿美元的政府资金，远超美国政府32亿美元的投资规模。美国银行研究所周四发布的报告指出，人工智能与量子计算的结合可能开启新的技术进步层级，AI加速量子发展，而量子为AI提供必要的计算能力。技术突破临近引发投资热潮量子计算的商业化前景正在加速显现。Rigetti Computing首席执行官Subodh Kulkarni表示，业内普遍认为距离\"量子优势\"这一关键拐点还有三至五年，部分公司的预期更为激进。Kulkarni将量子优势定义为四个标准：至少1000个量子比特、至少99.9%的双量子比特门保真度、最多15纳秒的门速度以及某种形式的纠错能力。本周早些时候，IonQ宣布成为\"首家也是唯一一家\"实现99.99%双量子比特门保真度的量子计算公司。伊利诺伊大学香槟分校物理学教授Elizabeth Goldschmidt指出，传统计算机以0或1的二进制位存储信息，而量子计算机使用量子比特，利用亚原子物理规则同时处理多种状态的信息，这使其能够解决传统计算机无法处理的大规模优化问题。尽管Rigetti、D-Wave和Quantum Computing等公司股价在过去一年涨幅高达3100%，但这些公司仍未实现盈利，因为技术尚未达到商业化所需的规模和可行性。Informed Momentum Company首席投资官Travis Prentice表示：\"技术进步相当迅速，股价表现大幅跑赢市场，但商业化收入何时到来仍不明朗。\"Kulkarni预计，在实现量子优势后的八至十年内，将出现第二个拐点——容错量子计算的出现，届时量子计算机将能够以远超传统计算机的方式处理任何应用。加密破解能力成双刃剑量子计算最令政府既兴奋又担忧的能力是其加密破解潜力。Kulkarni指出，传统计算机破解简单的128位加密需要一千年，因为涉及多个可同时变化的变量。但量子计算机的设计使其在解决近乎不可能的加密问题上具有优势。目前大多数信息使用128位加密，但Kulkarni认为量子计算机甚至能破解军方等高级组织使用的最安全版本AES-256加密。这种加密依赖同一密钥进行加密和解密，其安全性建立在传统计算机难以破解密钥的基础上。\"当政府被黑客攻击时，加密和解密密钥保护着被盗数据，\"Kulkarni说。\"担忧在于，一旦量子计算机能够相对轻松地破解加密密钥，这些数据将完全向任何人开放。这就是各国政府感兴趣和担忧的原因。\"IonQ行业关系高级副总裁Marco Pistoia表示，未来\"对一个国家的攻击很可能是量子攻击，解密政府、银行或医疗机构的敏感通信\"。这一威胁促使拜登政府签署了《量子计算网络安全准备法案》，要求联邦机构将脆弱系统迁移至抗量子加密技术。政府与企业加速布局量子技术并非美国政府的新关注点。2018年，特朗普在首个任期内签署了《国家量子倡议法案》，授权在五年内为量子研发提供12亿美元资金。拜登政府的2022年《芯片与科学法案》将量子技术列为关键基础设施领域，并提供额外资金支持。美国科技巨头也深度参与量子领域。周三，Alphabet Inc.旗下谷歌量子AI团队宣布，其Willow量子芯片在可重复实验中运行算法的速度比传统计算机快13000倍。英伟达公司一直在开发允许传统计算机执行量子控制功能的混合硬件，其企业风险投资部门战略性投资量子硬件公司。8月，IBM和AMD宣布合作探索量子计算与现有高性能计算的整合。金融机构也在行动。本月早些时候，摩根大通宣布了一项1.5万亿美元的计划，用于融资和投资\"对国家经济安全和韧性至关重要\"的行业，量子计算是其中之一。IonQ最近成立了专注于为美国政府和盟国机构提供量子服务的新业务部门。美国银行研究所周四发布的报告指出，人工智能与量子计算的结合可能释放新的技术进步水平，AI加速量子发展，而量子为AI提供必要的计算能力。Kulkarni强调，量子计算不会取代传统计算机，而是与之共存。\"我们将世界视为一个混合系统，\"他说。就像CPU和GPU目前在数据中心协同工作为AI提供动力一样，未来量子处理单元将与芯片并列用于量子计算，处理数千个同时相互作用的变量——这正是CPU和GPU今天极难编程的领域。中美两国已成为量子计算领域的领导者，这场竞争与半导体和能源行业的较量如出一辙。据麦肯锡报告，中国已宣布为量子技术提供超过153亿美元的政府资金，远超美国政府的32亿美元投资。中国在政府资金投入上领先，美国在私营部门发展和量子专利总数上保持优势。曾在摩根大通担任全球量子计算负责人、此前在IBM从事量子研究的Pistoia认为，量子计算将对人类生活产生\"革命性影响\"。\"没有国家愿意在量子计算竞赛中落后，\"他说。","news_type":1,"symbols_score_info":{"IONQ":1.1,"RGTI":1.1,"LAES":1.1,"QBTS":1.1,"QMCO":1.1,"QUBT":1.1,"QTUM":1.5,"ARQQ":1.1}},"isVote":1,"tweetType":1,"viewCount":2508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":454071261065512,"gmtCreate":1751879843320,"gmtModify":1751879845412,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"我反对，马斯克应该把他的精力放在他的企业上","listText":"我反对，马斯克应该把他的精力放在他的企业上","text":"我反对，马斯克应该把他的精力放在他的企业上","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/454071261065512","isVote":1,"tweetType":1,"viewCount":2432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":452702626792040,"gmtCreate":1751548299022,"gmtModify":1751548300970,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"暗盘长15%","listText":"暗盘长15%","text":"暗盘长15%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/452702626792040","isVote":1,"tweetType":1,"viewCount":2415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":444903093781224,"gmtCreate":1749640048972,"gmtModify":1749640050397,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"可以的","listText":"可以的","text":"可以的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/444903093781224","isVote":1,"tweetType":1,"viewCount":1548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":442814711849160,"gmtCreate":1749131396682,"gmtModify":1749131397808,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"感觉有点不妙","listText":"感觉有点不妙","text":"感觉有点不妙","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/442814711849160","isVote":1,"tweetType":1,"viewCount":2031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":410175294349552,"gmtCreate":1741150240171,"gmtModify":1741150242175,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"英伟达和特斯拉长期投资应该都好[微笑]","listText":"英伟达和特斯拉长期投资应该都好[微笑]","text":"英伟达和特斯拉长期投资应该都好[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/410175294349552","isVote":1,"tweetType":1,"viewCount":2489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":580235390222928,"gmtCreate":1782689202559,"gmtModify":1782696888892,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"说说你对这篇新闻的看法...","listText":"说说你对这篇新闻的看法...","text":"说说你对这篇新闻的看法...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/580235390222928","repostId":"2647667349","repostType":2,"repost":{"id":"2647667349","kind":"live","pubTimestamp":1782688430,"share":"https://www.laohunote.com/m/news/2647667349?lang=zh_CN&edition=full","pubTime":"2026-06-29 07:13","market":"us","language":"zh","title":"美伊同意停止互袭 30日在多哈继续谈判","url":"https://stock-news.laohu8.com/highlight/detail?id=2647667349","media":"智通财经","summary":"据美国阿克西奥斯新闻网站28日报道，一名美国高级官员说，美国和伊朗已同意停止互相袭击，双方将于30日在卡塔尔首都多哈继续谈判，聚焦霍尔木兹海峡问题。","content":"<html><head></head><body><p style=\"text-align: left;\">据美国阿克西奥斯新闻网站28日报道，一名美国高级官员说，美国和伊朗已同意停止互相袭击，双方将于30日在卡塔尔首都多哈继续谈判，聚焦霍尔木兹海峡问题。</p></body></html>","source":"live_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>美伊同意停止互袭 30日在多哈继续谈判</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n美伊同意停止互袭 30日在多哈继续谈判\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-29 07:13 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.zhitongcaijing.com/immediately.html?type=usstock><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>据美国阿克西奥斯新闻网站28日报道，一名美国高级官员说，美国和伊朗已同意停止互相袭击，双方将于30日在卡塔尔首都多哈继续谈判，聚焦霍尔木兹海峡问题。</p>\n\n<a href=\"https://www.zhitongcaijing.com/immediately.html?type=usstock\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0bdcfca2f124e5dcec2d7fcb318d4a87","relate_stocks":{},"source_url":"https://www.zhitongcaijing.com/immediately.html?type=usstock","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2647667349","content_text":"据美国阿克西奥斯新闻网站28日报道，一名美国高级官员说，美国和伊朗已同意停止互相袭击，双方将于30日在卡塔尔首都多哈继续谈判，聚焦霍尔木兹海峡问题。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":425551263425400,"gmtCreate":1744904495192,"gmtModify":1744904496449,"author":{"id":"3556584785566429","authorId":"3556584785566429","name":"陈长春","avatar":"https://static.tigerbbs.com/64d32bb6dade63de0e4e37fac61a4754","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556584785566429","authorIdStr":"3556584785566429"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSM\">$台积电(TSM)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; 技术遥遥领先长期看好","listText":"<a href=\"https://laohu8.com/S/TSM\">$台积电(TSM)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; 技术遥遥领先长期看好","text":"$台积电(TSM)$ 技术遥遥领先长期看好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/425551263425400","isVote":1,"tweetType":1,"viewCount":5118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}