當 Alphabet、特斯拉因加大投入、財報後股價回落時，蘋果的「資本紀律」反而拿到了確定性溢價，重新坐上王座。

信用市場開始追問誰為 AI 基建擴張兜底

Multiple Listed Companies Abandon Bitcoin Reserve Strategies, Forced to Adjust Course by Plummeting Stock Prices.

摩根士丹利看多SpaceX：100美元意味著市場將其AI業務估值歸零，而火箭+星鏈業務本身已足以覆蓋當前股價，當前價格意味著AI期權價值幾近「免費贈送」。

The most critical vulnerability to address in the first half of 2026 is not a specific contract, but the processes and people themselves.

多數機構仍認為，美光、SK海力士和三星在AI存儲領域的領先優勢短期難以撼動。有分析師認為，存儲晶片股回調提供了新的佈局機會。

Strategy首次回購28.89萬股STRC，金額2500萬美元。

輝達、博通提前鎖供應，AI瓶頸轉向HBM與封裝

目标价能到多少？专家们都觉得自己的有道理。

Alphabet提高支出預算導致股價大跌，為即將公布財報的微軟、Meta和亞馬遜敲響警鐘。

VIX和VXN之間的差距正在快速拉大，這是一個極其重要的訊號。它說明：市場的恐慌並不是均勻的，而是高度集中在科技板塊。

押注「不可能完成」的項目，連虧十年、燒掉366億——合肥用一場豪賭改寫了中國存儲芯片產業史。

The most impressive moment in the on-chain market: providing price discovery for an A-share IPO.

From the end of 2025 to the first half of 2026, as other sectors (such as some high-valuation growth, cyclical, and purely narrative themes) fade, while AI Capex continues to exceed expectations and semiconductor and data center-related stocks significantly outperform, a market consensus has truly formed — "AI is no longer just one of the themes, but has become the absolute main line of the global capital market."

Hartnett認為，債券市場正成為AI牛市的最大威脅。若債市斷供並倒逼聯準會升息，將觸發風險資產新一輪去槓桿。

中國皇冠上的明珠──DRAM晶片。