Concerns over intervention fade, hedge funds restart "short yen" tradesMizuho warns: If the Federal Reserve significantly reduces its balance sheet, it will be forced to intervene more frequently for "firefighting" measuresUnderstanding the Market | Drinda shares rise over 6% as reports indicate Musk's team secretly visits multiple photovoltaic companies in ChinaThe escalation of tensions between the U.S. and Iran and the decline in inventories boost international oil prices, leading U.S. oil and gas stocks to riseEarning 50,000 yuan in one month and losing 20,000 yuan in another day, actress Zhao Jiaxin shares her fund returns: every day upon waking, she studies gold, aerospace, semiconductors, and AI"Very bullish for the whole year"! AMD's conference call responds to doubts: OpenAI's 6GW order is "on track," and MI450 will "significantly ramp up" in the second half of the yearAMD: Big talk, small results — When will it execute?Jensen Huang discusses with Dassault CEO about NVIDIA opening a third battlefield"Big Short" Burry: After a 40% crash, if Bitcoin drops another 10%, it will trigger "disastrous consequences"Market value surpasses 1 trillion USD! Walmart completes a "profound transformation of traditional retail companies," with stock price doubling in two yearsPerformance explosion! Optical module giant Lumentum: Q2 revenue surged 65% year-on-year, AI business order backlog exceeds $400 million, next quarter guidance even more astonishingThe "SaaS Apocalypse" is Coming to the US Stock Market: "Software-PE" is Trapped in a "Death Loop"Will anti-inflation measures boost gold to new highs? Zhou Hao: The Federal Reserve Chairman must either instill fear in the market or make the market reliantCICC: The Fed's balance sheet expansion is hard to shake; continue to be optimistic about the US and Chinese stock markets as well as gold, silver, and copperIs this the "most panicked moment" for American software stocks?AMD's Q4 data center revenue surged nearly 40% to a record high, but the Q1 revenue guidance was not explosive enough, leading to a nearly 8% drop in after-hours trading | Earnings Report InsightsThe data center sales boom will take months; AMD's stock price fallsZhitong Hong Kong Stock Early Knowledge | The Central No. 1 Document for 2026 was released, deploying solid promotion of comprehensive rural revitalization. Spot gold rose by 6.16%Amazon AWS CEO says orbital data centers are "quite far from reality"Why did Anthropic's new tool, which crashed software stocks on Tuesday, have such a powerful impact?Reminder: Please pay close attention to the following (all in Beijing time)Shenwan Hongyuan: The era of QE may have ended, and the Federal Reserve's balance sheet expansion has entered a "new normal."Apple integrates Anthropic and OpenAI AI capabilities into its programming toolsAMD releases current outlook, AI returns fall short of some investors' expectationsUS stocks erupt in AI panic! Anthropic's new tool triggers software stock sell-off, Reuters drops over 20% intradayMizuho Bank: The Federal Reserve's balance sheet size is shrinking, which will require the Fed to be more "active."NVIDIA's Jensen Huang denies rumors of changes in the deal with OpenAI: Everything is progressing as plannedPfizer's revenue for the fourth quarter of 2025 was $17.56 billion, with a 9% growth in non-COVID business, and the full-year revenue guidance for 2026 is $59.5-62.5 billion | Financial Report InsightsThe U.S. House of Representatives approved a government funding bill that will end the partial shutdownIntel CEO: Memory chip manufacturers told me that the supply tightness issue will not ease until 2028Merck's revenue for the full year 2025 is projected to be $65 billion, a 1% year-on-year increase. The revenue guidance for 2026 is between $65.5 billion and $67 billion, which is below expectations | Earnings report insightsNovo Nordisk ADR resumes trading, instantly plummeting, with a decline expanding to 8.4%China will ban hidden door handles, affecting automakers such as TeslaNVIDIA has fallen for the third consecutive day, raising doubts about its massive investment in OpenAIThe rise comes from "the accidental within the inevitable," is the optical fiber 迎来 a major upward demand cycle?The merger of SpaceX/xAI sparks heated discussions on Wall Street: revenue, challenges, and the integration prospects with TeslaWall Street veterans deliver a "reassurance" to the market: prepare for a significant rate cut path under the leadership of Waller at the Federal ReservePrivate equity giant Apollo warns: "Software is dead"! AI is reshaping the $440 billion valuation logicLeveraged ETFs drop 60% in two days! Silver becomes a "retail investor graveyard," with Reddit speculators in despairGoldman Sachs predicts that stock buyback activity in the U.S. will heat up in 2026, but there will still be a gap compared to 2024Gold and silver rebound, is it a "dead cat bounce" or a "bull market restart"?Is Waller really "hawkish"? Analysts: Nomination indicates a tendency for rate cuts, with the Federal Reserve potentially cutting rates up to five times by 2026Stable bonds before the holiday, warm stocks after the holiday?Federal Reserve Governor Michelle Bowman: This year, we need to cut interest rates by more than 100 basis points, and I look forward to seeing how Waller performs nextANTA and LI NING will face the "Milan Battle"120 times return, hundreds of billions of dollars in floating profits, the hidden big winner of SpaceX's IPO - Alphabet!