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Defiance AI and Power Infrastructure ETF(AIPO)
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32.25
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19:57 EDT
32.26
-1.21
-3.62%
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大碗888
·
05-16 20:38
比起巴菲特这类重视能源、传统工业、制造业的“股神”,特朗普重仓的反而是美国AI科技核心资产
比起巴菲特这类重视能源、传统工业、制造业的“股神”,特朗普重仓的反而是美国AI科技核心资产
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梦想快实现
·
05-16 20:25
同样是AI硬生态,$EUV代表的光通信、测试设备属于“卖铲子”,$DRAM叠加了存储涨价和全球定价权。两者走势逻辑不可简单复制。
同样是AI硬生态,$EUV代表的光通信、测试设备属于“卖铲子”,$DRAM叠加了存储涨价和全球定价权。两者走势逻辑不可简单复制。
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梦想快实现
·
05-16 20:24
CBRS这类强关联AI的新股上市,肯定能带动半导体板块(SOX)的投资情绪。但要注意板块处于高位,谨防利好落地后的回调风险。
CBRS这类强关联AI的新股上市,肯定能带动半导体板块(SOX)的投资情绪。但要注意板块处于高位,谨防利好落地后的回调风险。
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梦想快实现
·
05-16 20:24
底仓必须配置标普500宽基,像特朗普那样懂长线逻辑。小仓位追逐AI热点,确保自己的大资金睡得安稳。
底仓必须配置标普500宽基,像特朗普那样懂长线逻辑。小仓位追逐AI热点,确保自己的大资金睡得安稳。
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冬天的月亮
·
05-16 20:04
这波增长非常炸裂,又有OpenAI和AWS站台。虽然目前溢价较高,但稀缺的AI算力标的值得长期关注,我打算小仓位试水看看。
这波增长非常炸裂,又有OpenAI和AWS站台。虽然目前溢价较高,但稀缺的AI算力标的值得长期关注,我打算小仓位试水看看。
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小小虎AAA
·
05-16 19:51
比起巴菲特这类重视能源、传统工业、制造业的“股神”,特朗普重仓的反而是美国AI科技核心资产
比起巴菲特这类重视能源、传统工业、制造业的“股神”,特朗普重仓的反而是美国AI科技核心资产
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明日阳光888
·
05-16 19:46
底仓必须配置标普500宽基,像特朗普那样懂长线逻辑。小仓位追逐AI热点,确保自己的大资金睡得安稳。
底仓必须配置标普500宽基,像特朗普那样懂长线逻辑。小仓位追逐AI热点,确保自己的大资金睡得安稳。
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春风不解夏季情
·
05-16 20:35
底仓必须配置标普500宽基,像特朗普那样懂长线逻辑。小仓位追逐AI热点,确保自己的大资金睡得安稳。
底仓必须配置标普500宽基,像特朗普那样懂长线逻辑。小仓位追逐AI热点,确保自己的大资金睡得安稳。
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春天风云
·
05-16 20:33
同样是AI硬生态,$EUV代表的光通信、测试设备属于“卖铲子”,$DRAM叠加了存储涨价和全球定价权。两者走势逻辑不可简单复制。
同样是AI硬生态,$EUV代表的光通信、测试设备属于“卖铲子”,$DRAM叠加了存储涨价和全球定价权。两者走势逻辑不可简单复制。
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Mediator
·
05-15 22:31
互联网推广很容易,AI不是哪家公司都能拿来用的,就这么简单,还盈利扩散,梦话
不是1999年的重演!看空声此起彼伏,反向投资者却嗅到了不同气息
尽管大空头 Burry警告AI泡沫风险,但基金经理股票仓位明显下降,意味着空头仍有回补空间。市场核心押注在于:AI能否推动企业盈利从科技巨头向更多行业扩散,从而支撑高估值并拓宽牛市广度。
不是1999年的重演!看空声此起彼伏,反向投资者却嗅到了不同气息
互联网推广很容易,AI不是哪家公司都能拿来用的,就这么简单,还盈利扩散,梦话
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Defiance AI and Power Infrastructure ETF
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最高
32.61
今开
32.54
量比
0.62
最低
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昨收
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id=\"id_310736723\">空头的存在,本身即是上涨的"弹药"</h2><p>Burry将当前市场与1990年代末互联网泡沫相提并论,但这一类比存在一个关键缺陷:彼时,几乎所有人都是多头,直至泡沫破裂。当年流行的说法是,看空者"不懂市场"。</p><p>当前的情形截然不同。尽管从美国到津巴布韦的股市均在创历史新高,仍有相当数量的投资者持怀疑态度。这些怀疑者的存在,意味着市场仍有"改变立场"的空间——一旦他们转向,便可推动价格进一步走高。</p><p>这一逻辑可以解释,为何自3月下旬以来,全球股市在风险清单不断拉长的背景下,依然实现了大幅上涨。部分负面因素已被更多投资者提前定价,而正面因素——尤其是企业盈利的超预期表现——则持续带来惊喜,推动更多人转入多头阵营。</p><h2 id=\"id_4188844404\">AI叙事重塑盈利预期</h2><p>支撑当前股市估值的核心论据,在于人工智能对企业盈利的潜在影响。近期美国企业盈利出现了数十年来最大幅度的上调之一(剔除经济衰退后的常规反弹),这已成为推动投资者重返股市的重要驱动力。</p><p>更深层的问题在于:如果AI真正实现生产率的大幅提升,当前看似偏高的股票估值或许不仅合理,甚至仍属低估。这一"假设情景"正在被越来越多的投资者纳入考量。</p><p>历史上,互联网技术在1990年代中期兴起时,最初仅推动科技股大涨,随后其对利润率的提振效应逐步蔓延至物流、零售等众多行业。AI的扩散路径或将与之相似。</p><h2 id=\"id_3949589991\">市场集中度高企,但历史先例不乏</h2><p>当前市场的另一隐忧是涨幅过于集中——过去一个月内,标普500指数中跑赢大盘的个股不足二十只。目前,市值最大的10家AI相关公司约占标普500指数总市值的40%。</p><p>然而,这一集中度并非史无前例。据《乐观主义者的胜利》(Triumph of the Optimists)一书记载,类似的高集中度在1900年、1930年代及1960年代均曾出现。<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>的数据亦显示,在截至2024年的十年间,随着集中度攀升,市值最大的10只股票贡献了市场约五分之一的市值,但创造了近一半的经济利润,基本面层面对"赢家通吃"格局提供了支撑。</p><p>集中度高企的另一面,是更多股票存在补涨潜力——且这一过程未必需要以科技股下跌为前提。AI红利能否向更多行业扩散,将是决定市场广度能否改善的关键变量。</p><h2 id=\"id_4153544179\">盈利扩散是核心押注</h2><p>综合来看,当前市场多空博弈的焦点,最终归结为一个核心判断:AI驱动的盈利增长能否从少数科技巨头向更广泛的行业蔓延。</p><p>乐观情景下,AI将以足够快的速度扩大整体盈利蛋糕,使得即便蛋糕被切分给更多参与者,每一块的绝对体量仍能持续增长。这一逻辑若成立,则市场集中度问题将随时间自然化解,而非演变为系统性风险。</p><p>当然,这一前景能否实现,仍存在相当不确定性。但对于那些担忧市场过热的投资者而言,当前大量空头的存在,或许恰恰是最值得关注的一个反向信号。</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>不是1999年的重演!看空声此起彼伏,反向投资者却嗅到了不同气息</title>\n<style 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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不是1999年的重演!看空声此起彼伏,反向投资者却嗅到了不同气息\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2026-05-15 20:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>市场悲观情绪升温之际,一位资深基金经理却从中看到了反向逻辑:正是因为大量投资者对股市持怀疑态度,上涨行情才有了继续延伸的空间。</p><p>全球股市近期持续创下历史新高,但看空声音同样不绝于耳。知名投资人、《大空头》原型Michael Burry将当前市场比作互联网泡沫时期,警告称市场正处于"极端稀薄的空气"中,后果将无可避免。美国银行数据显示,全球基金经理自3月以来已将股票超配仓位削减了三分之二。然而,这种普遍的谨慎情绪,在部分市场观察人士看来,恰恰构成了股市进一步上行的潜在动能。</p><p>华尔街对<a href=\"https://laohu8.com/S/161125\">标普500</a>指数的年末目标价预测正快速向8000点靠拢,较当前水平再涨约8%。支撑这一乐观预期的核心逻辑在于:美国企业盈利强劲超预期,以及人工智能对生产率和企业利润的潜在提振效应。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/db1d77fb9d2c0e30c4ddf8c7e2beb9df\" tg-width=\"893\" tg-height=\"583\"/></p><h2 id=\"id_310736723\">空头的存在,本身即是上涨的"弹药"</h2><p>Burry将当前市场与1990年代末互联网泡沫相提并论,但这一类比存在一个关键缺陷:彼时,几乎所有人都是多头,直至泡沫破裂。当年流行的说法是,看空者"不懂市场"。</p><p>当前的情形截然不同。尽管从美国到津巴布韦的股市均在创历史新高,仍有相当数量的投资者持怀疑态度。这些怀疑者的存在,意味着市场仍有"改变立场"的空间——一旦他们转向,便可推动价格进一步走高。</p><p>这一逻辑可以解释,为何自3月下旬以来,全球股市在风险清单不断拉长的背景下,依然实现了大幅上涨。部分负面因素已被更多投资者提前定价,而正面因素——尤其是企业盈利的超预期表现——则持续带来惊喜,推动更多人转入多头阵营。</p><h2 id=\"id_4188844404\">AI叙事重塑盈利预期</h2><p>支撑当前股市估值的核心论据,在于人工智能对企业盈利的潜在影响。近期美国企业盈利出现了数十年来最大幅度的上调之一(剔除经济衰退后的常规反弹),这已成为推动投资者重返股市的重要驱动力。</p><p>更深层的问题在于:如果AI真正实现生产率的大幅提升,当前看似偏高的股票估值或许不仅合理,甚至仍属低估。这一"假设情景"正在被越来越多的投资者纳入考量。</p><p>历史上,互联网技术在1990年代中期兴起时,最初仅推动科技股大涨,随后其对利润率的提振效应逐步蔓延至物流、零售等众多行业。AI的扩散路径或将与之相似。</p><h2 id=\"id_3949589991\">市场集中度高企,但历史先例不乏</h2><p>当前市场的另一隐忧是涨幅过于集中——过去一个月内,标普500指数中跑赢大盘的个股不足二十只。目前,市值最大的10家AI相关公司约占标普500指数总市值的40%。</p><p>然而,这一集中度并非史无前例。据《乐观主义者的胜利》(Triumph of the Optimists)一书记载,类似的高集中度在1900年、1930年代及1960年代均曾出现。<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>的数据亦显示,在截至2024年的十年间,随着集中度攀升,市值最大的10只股票贡献了市场约五分之一的市值,但创造了近一半的经济利润,基本面层面对"赢家通吃"格局提供了支撑。</p><p>集中度高企的另一面,是更多股票存在补涨潜力——且这一过程未必需要以科技股下跌为前提。AI红利能否向更多行业扩散,将是决定市场广度能否改善的关键变量。</p><h2 id=\"id_4153544179\">盈利扩散是核心押注</h2><p>综合来看,当前市场多空博弈的焦点,最终归结为一个核心判断:AI驱动的盈利增长能否从少数科技巨头向更广泛的行业蔓延。</p><p>乐观情景下,AI将以足够快的速度扩大整体盈利蛋糕,使得即便蛋糕被切分给更多参与者,每一块的绝对体量仍能持续增长。这一逻辑若成立,则市场集中度问题将随时间自然化解,而非演变为系统性风险。</p><p>当然,这一前景能否实现,仍存在相当不确定性。但对于那些担忧市场过热的投资者而言,当前大量空头的存在,或许恰恰是最值得关注的一个反向信号。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/13acee88f0708946b00d4d8207a624f8","relate_stocks":{"DMAX":"ISHARES LARGE CAP MAX BUFFER DEC ETF","SPUU":"Direxion Daily S&P 500 Bull 2x Shares","VOO":"Vanguard标普500ETF","SPXU":"三倍做空标普500ETF-ProShares","AGIX":"通用人工智能 ETF-AGIX",".IXIC":"NASDAQ Composite","SPYM":"投资组合标普500指数ETF-SPDR","SPDN":"Direxion Daily S&P 500 Bear 1X Shares","SVXY":"做空波动率指数短期期货ETF-ProShares","ARTY":"ISHARES FUTURE AI & TECH ETF","BK4551":"寇图资本持仓","VIX":"标普500波动率指数",".SPX":"S&P 500 Index","SPYQ":"2倍做多SPY Quarterly 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Burry将当前市场比作互联网泡沫时期,警告称市场正处于\"极端稀薄的空气\"中,后果将无可避免。美国银行数据显示,全球基金经理自3月以来已将股票超配仓位削减了三分之二。然而,这种普遍的谨慎情绪,在部分市场观察人士看来,恰恰构成了股市进一步上行的潜在动能。华尔街对标普500指数的年末目标价预测正快速向8000点靠拢,较当前水平再涨约8%。支撑这一乐观预期的核心逻辑在于:美国企业盈利强劲超预期,以及人工智能对生产率和企业利润的潜在提振效应。空头的存在,本身即是上涨的\"弹药\"Burry将当前市场与1990年代末互联网泡沫相提并论,但这一类比存在一个关键缺陷:彼时,几乎所有人都是多头,直至泡沫破裂。当年流行的说法是,看空者\"不懂市场\"。当前的情形截然不同。尽管从美国到津巴布韦的股市均在创历史新高,仍有相当数量的投资者持怀疑态度。这些怀疑者的存在,意味着市场仍有\"改变立场\"的空间——一旦他们转向,便可推动价格进一步走高。这一逻辑可以解释,为何自3月下旬以来,全球股市在风险清单不断拉长的背景下,依然实现了大幅上涨。部分负面因素已被更多投资者提前定价,而正面因素——尤其是企业盈利的超预期表现——则持续带来惊喜,推动更多人转入多头阵营。AI叙事重塑盈利预期支撑当前股市估值的核心论据,在于人工智能对企业盈利的潜在影响。近期美国企业盈利出现了数十年来最大幅度的上调之一(剔除经济衰退后的常规反弹),这已成为推动投资者重返股市的重要驱动力。更深层的问题在于:如果AI真正实现生产率的大幅提升,当前看似偏高的股票估值或许不仅合理,甚至仍属低估。这一\"假设情景\"正在被越来越多的投资者纳入考量。历史上,互联网技术在1990年代中期兴起时,最初仅推动科技股大涨,随后其对利润率的提振效应逐步蔓延至物流、零售等众多行业。AI的扩散路径或将与之相似。市场集中度高企,但历史先例不乏当前市场的另一隐忧是涨幅过于集中——过去一个月内,标普500指数中跑赢大盘的个股不足二十只。目前,市值最大的10家AI相关公司约占标普500指数总市值的40%。然而,这一集中度并非史无前例。据《乐观主义者的胜利》(Triumph of the Optimists)一书记载,类似的高集中度在1900年、1930年代及1960年代均曾出现。摩根士丹利的数据亦显示,在截至2024年的十年间,随着集中度攀升,市值最大的10只股票贡献了市场约五分之一的市值,但创造了近一半的经济利润,基本面层面对\"赢家通吃\"格局提供了支撑。集中度高企的另一面,是更多股票存在补涨潜力——且这一过程未必需要以科技股下跌为前提。AI红利能否向更多行业扩散,将是决定市场广度能否改善的关键变量。盈利扩散是核心押注综合来看,当前市场多空博弈的焦点,最终归结为一个核心判断:AI驱动的盈利增长能否从少数科技巨头向更广泛的行业蔓延。乐观情景下,AI将以足够快的速度扩大整体盈利蛋糕,使得即便蛋糕被切分给更多参与者,每一块的绝对体量仍能持续增长。这一逻辑若成立,则市场集中度问题将随时间自然化解,而非演变为系统性风险。当然,这一前景能否实现,仍存在相当不确定性。但对于那些担忧市场过热的投资者而言,当前大量空头的存在,或许恰恰是最值得关注的一个反向信号。","news_type":1,"symbols_score_info":{"AGIX":0.9,"SPY":0.62,"UVIX":0.6,".IXIC":2,"SQQQ":2,"SDS":0.6,"SH":0.6,".SPX":2,"DOG":0.6,"IVV":0.6,"UDOW":0.6,"SPYM":0.6,"SPYI":0.6,"DXD":0.6,"VIX":2,"DMAX":0.6,"UPRO":0.6,"VIXY":2,"MMAX":0.6,"HIBL":0.6,"SPXS":0.6,"SPYH":0.6,"DDM":0.6,"YMmain":2,"NQmain":2,"SPDN":0.6,"ESmain":2,"VOO":0.6,"CHAT":0.9,"SPYQ":0.6,"SPXL":0.6,".DJI":2,"SPXU":0.6,"UVXY":0.6,"SSO":0.6,"SPUU":0.6,"SMAX":0.6,"SPYB":0.6,"VIXmain":2,"VXX":2,"TQQQ":2,"SDOW":0.6,"AIPO":0.73,"SPYU":0.6,"YSPY":0.6,"OEF":0.6,"DIA":0.6,"SVIX":0.6,"SVXY":0.6,"QQQ":2,"ARTY":0.9}},"shareLink":"https://laohu8.com/post/564515418694920","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":70,"displayRows":4,"foldSize":0,"authorId":"3498680662745699"}]}],"size":10},"newsData":null,"noticeData":{"listData":[],"currentPage":1,"bottom":true},"companyData":{"profile":{"stockEarnings":[{"period":"1week","weight":0.0031},{"period":"1month","weight":0.1252},{"period":"3month","weight":0.2548},{"period":"6month","weight":0.4255},{"period":"1year","weight":0.5962},{"period":"ytd","weight":0.4584}],"compareEarnings":[{"period":"1week","weight":0.0021},{"period":"1month","weight":0.056},{"period":"3month","weight":0.0842},{"period":"6month","weight":0.1001},{"period":"1year","weight":0.2519},{"period":"ytd","weight":0.084}],"compareStock":{"symbol":"SPY","name":"标普500ETF"},"exchange":"NASDAQ","name":"Defiance 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