The AI "super agent" battle has begun! The four major tracks are fully deployed, with OpenAI and Anthropic challenging the software empires of Microsoft and othersAirbnb: 业绩还不赖，但已沦为周期股？The Hang Seng Index opened down 1.45%, and the Hang Seng TECH Index fell 1.59%Amid the severe decline in the cryptocurrency market, Coinbase's revenue in the fourth quarter fell by 20%, with a net loss exceeding $600 million | Financial Report InsightsApple faces FTC scrutiny and Siri upgrades may be delayed, stock price records worst single-day performance since AprilThe US stock market is extremely fragile! From SaaS, PE to insurance, real estate, and even logistics, there have been "successive large declines," and Goldman Sachs traders are "exhausted and shocked."The trigger for the "Black Thursday" that ignited the US stock market was this $6 million "small company."Concerns about AI are spreading, and commercial real estate stocks continue to decline, plummeting 20% in two daysAI computing power and storage demand explode, semiconductor equipment welcomes a super cycle! Applied Materials' performance outlook crushes expectationsBreakfast | AI concerns compounded by CPI uncertainty, U.S. stocks and commodities fall together, risk aversion sentiment risesZhitong Hong Kong Stock Early Knowledge | The National Film Administration and the Ministry of Commerce organize the "Film +" comprehensive consumption pilot project, precious metals plummet significantlyAI panic spreads, tech stocks drag down US stocks again, real estate stocks suffer heavy losses for consecutive days, Apple evaporates $200 billion in one dayNVIDIA's 16-year lease agreement boosts data center bond issuance, as the AI infrastructure lending boom shifts to the "junk bond" marketInstitution: China's smartphone sales in January fell by 23% year-on-year, while Apple grew against the trendInterest costs are consuming fiscal space Analysts: US Treasury yields are being "artificially elevated"Reminder: Please pay close attention to the following (all times are in Beijing time)February 13th, Top 20 U.S. Stock Trading Volumes: Cisco Plummets 12.3%, Rising Memory Prices Pressure Its PerformanceGold and silver plummeted on Thursday, triggered by algorithmic trading sell-offs due to a sharp decline in U.S. stocks?North American sales are recovering, but comparable sales growth is below expectations; L'Oréal S.A. sees the largest intraday drop in nearly 6 years | Earnings Report InsightsThe 30-year U.S. Treasury yield fell by 8 basis pointsThe ultimate test scores have reached a new high, Google Gemini 3 has undergone a major upgrade in its deep thinking model, targeting scientific research and engineering applicationsWith supply surging and demand growth slowing, global crude oil inventory increases in 2025 reach the highest level since 2020NVIDIA is being cornered: OpenAI releases Cerebras chip-supported model for the first timeWaymo, a subsidiary of Google, has begun deploying the next generation of Ojai autonomous taxisThe Russell 3000 Trucking Index in the US stock market plummeted by 7%UBS: Expects demand for humanoid robots to reach 30,000 units by 2026, with significant volume production likely in 2027-2028How will the central bank respond to the wave of currency exchange and appreciation?In the cold winter, the total number of existing home sales in the U.S. in January saw the largest decline in four yearsThe expectation for tech IPOs is heating up, but has Wall Street's main battleground shifted to the bond market?The number of initial jobless claims in the United States fell last week, showing signs of stabilization in the labor marketA "sweetness crisis" triggered by weight loss "miracle drugs": sugar prices have halved, and even Magnum ice cream is struggling to sell!The European Central Bank may maintain a 2% interest rate until 2027, and cooling inflation is unlikely to shake its neutral stanceApple employees confirm: iPhone 16e inventory has "run dry," countdown to 17e release beginsGlobal news you need to know before the U.S. stock market opens on ThursdayGoogle's parent company issues century-long pound bonds, raising concerns about debt-fueled AI arms raceMicrosoft readjusts its relationship with OpenAI: shifting focus to AI "self-sufficiency" and strengthening self-developed cutting-edge modelsThe "traditional economy" sector of the US stock market makes a full comeback! The transportation industry becomes an "anti-AI" sector: irreplaceable by AI, strongly outperforming the marketOracle's most pessimistic assumption: If all AI data center contracts are terminatedPay a deposit to secure a dining reservation, VR room selection with one-click booking, Meituan's New Year's Eve dinner reservation service upgradeBoth the Japanese and South Korean stock markets hit new highs, with Samsung Electronics rising to a record highOn February 12th, XIAOMI-W spent HKD 148 million to repurchase 4.05 million sharesWhat doubts are behind the unexpectedly strong January non-farm payrolls?Northbound Capital Trends | Northbound capital net purchases of HKD 4.567 billion, Goldman Sachs optimistic about Xiaomi's increased investment in AI, Northbound capital increases holdings in Xiaomi by over HKD 1 billionUnity (Trans): Vector up 70% YoY in Jan.Hermès' fourth-quarter revenue grew by 9.8%, exceeding expectations, with a strong performance in the U.S. market driving results against the trend | Earnings Report Insights