If you are still worried about whether AI is a foam, yesterday TSMC gave you a loud slap in the face with real gold and silver - not to wake you up, but to plunge you into a crazier bullish dream! The market had originally expected that the semiconductor cycle might peak, but TSMC said it would not only exceed expectations across the board, but also send a shockwave: capital expenditures (CapEx) in 2026 would skyrocket to $52 billion to $56 billion. This not only set a record high, but also directly shattered the rumors of an 'AI demand slowdown'. This is not a big picture; this is an arms race of real gold and silver.

The Anti-monopoly Law stipulates that by implementing monopoly agreements or abusing dominant market position, operators will have their illegal income confiscated and be fined between 1% and 10% of the sales volume of the previous year. Alibaba (09988) once demanded "one out of two" for merchants on the platform due to abusing its dominant market position, was fined 4% of the 2019 turnover by the Municipal Supervisory Administration in April 2021, involving 18.228 billion RMB, setting the highest anti-monopoly fine at the time, and requiring a 3-year anti-monopoly rectification. $阿里巴巴-W(09988)$  $攜程網(TCOM)$  

According to performance, in the third quarter of 2025, Ctrip's net operating revenue was 18.3 billion RMB, a year-on-year increase of 16% and a month on month increase of 24%, indicating a steady growth. But even more striking is its profit performance: the net profit attributable to shareholders in the third quarter reached 19.9 billion HKD, a year-on-year increase of about 200%. This profit level has easily surpassed not only JD.com, which has entered the travel abd hotel industry with a high profile (5.3 billion), but also surpassed a large group of companies such as Xiaomi (11.3 billion), and even surpassed the liquor giant Kweichow Moutai, which is known for its high profits. Ctrip seems really evil here

Fear, as a psychosomatic emotion, has entirely to do with the concepts that are activated in your mind. What actually happens in objective reality on some level has nothing to do with you. It's just molecules roaming around. But the extent to which you fear any of those molecules has to do with your perception of that reality. When what you fear is perceived to lie outside of you, it's much harder to conquer because ultimately what is arousing that fear is always a mental construct. It's you, like in the dream. It's just a different part of you. On the other hand, when what you fear is understood to lie within you If we know what we fear of , does it help and get a better investment return  say . I have some cash not for stock most of time . too scary for the hard time in advance?

8637 is it serious?[惊讶]  [白眼]  [白眼]  

Webb[流泪]  [流泪]  [流泪]  [流泪]  

Oracle’s CDS has surged sharply since mid-2025, driven by aggressive AI/cloud capex, rising debt, and execution concerns, with spreads near post-2009 highs and elevated trading volumes. Google’s CDS has modestly widened in 2025 (led by AI capex concerns) but stayed well contained versus peers, reflecting its strong balance sheet, robust FCF, and top-tier credit profile. Relative Context Google CDS remains among the lowest for large tech, reflecting its: - Net cash position (vs net debt at peers) - Diversified revenue streams - Strong free cash flow generation - Conservative leverage metrics goog are brilliant The market is not confident to Oracle. Is it risky? 

2508 Like a trap recently , observation. May be 3.5？！[愤怒]  

Michael Burry's logic this time is very clear, pointing directly to the core pain point of the current AI bubble: 1. Debt Heard: Oracle has shouldered up to $95 billion in debt in order to build the AI cloud center. 2. Capital expenditures are out of control: He believes that Oracle's massive investments may stem from management's "Ego" rather than actual needs. 3. The structure is fragile: unlike Microsoft or Google where there is multi-business support, Michael Burry believes that Oracle's high stakes on AI are extremely high.

https://www.instagram.com/reel/DSKLsXRkv2a/?igsh=MWdocTl5OTdqZndqMg== Auto parking , well done

Google has launched a shopping agent, and the deadline for e-commerce has really arrived!  Last night, Google CEO personally announced the General Business Agreement (Universal Commerce Protocol, UCP) on X. I immediately posted an article saying: "E-commerce is really going to scare the competition this time! " Due to time constraints, I was unable to provide a detailed explanation in this article; now I have added an analysis to show you what kind of devastating blow e-commerce will face if Shopping Agent becomes popular, and how the consumption patterns of all humanity over the past 30 years will be reshuffled. The profit core of mainstream e-commerce is based on "seizing user attention" and "information asymmetry", essentially a "traffic vending machine" and "attention harvester".

JD (09618) established the "Chameleon Business Division", fully undertaking the creation and commercialization of core AI products such as JoyAI App, JoyInside, and Digital People. JD responded to mainland media that the commercialization of AI technology is accelerating, and the JD Chameleon business department has been established. The second batch of self-developed AI toys will be fully launched in mid month JD (09618) established the "Chameleon Business Division", fully undertaking the creation and commercialization of core AI products such as JoyAI App, JoyInside, and Digital People. JD responded to mainland media that the commercialization of AI technology is accelerating, and the JD Chameleon business department has been established. The second batch of self-developed AI toys will b

40% of Xiaomi's revenue comes from mobile phone sales, with a profit contribution accounting for nearly half. Meanwhile, the growth of its new energy vehicle SU7 has brought a high premium to the shares in recent years. However, Xiaomi has always been characterized by its high cost-effectiveness, and its gross profit margin is not high. Once the cost increases and it cannot be completely passed on to consumers, it will have a significant impact on its profitability. In addition to chips and memory, metal prices have skyrocketed in recent years, causing the prices of metal materials for mobile phones, household appliances, and cars to rise simultaneously. In other words, Xiaomi is being impacted by rising costs in all directions. Because of this, even though Lei Jun used 100 million HKD to

The Korean stock market is strong, with the heaviest Samsung Electronics taking great credit. Driven by the continued strong demand for artificial intelligence (AI) and server capacity, there is a global "memory shortage" and the storage market has entered a super bull market, with the profitability of related enterprises significantly increasing. According to a Citigroup report, storage providers pricing power has reached an all-time peak and is entering an extreme seller's market, warning that there will be a severe shortage of storage chips in 2026. It is expected that the average selling price of dynamic random access memory (DRAM) and enterprise-grade solid-state drives (SSDs) has surged by 144% and 87% year-on-year; based on the above assumptions, it is estimated that Samsung, the gl

Joe Creed, CEO of Caterpillar, said: “As AI transcends the data level and starts to reshape the physical world, it is opening up new opportunities for innovation — from construction sites, factory workshops to workplaces, Caterpillar is committed to addressing the most severe challenges customers face by applying advanced technology in all aspects of the equipment and business.” The collaboration with NVIDIA is advancing this process at an unprecedented speed." Jensen Huang, founder and CEO of NVIDIA, said: "For a century, the industrial equipment created by Caterpillar has shaped the entire world; in the era of artificial intelligence, NVIDIA and Caterpillar will collaborate in all aspects—from the autonomous construction fleet to the artificial intelligence data center that will help the

Nvda has released its new self driving model Alpamayo, and Tesla's stock price plummeted in response However, Musk believes that going from 0 to 99 is easy, and the hardest part is the remaining 1%.

China's humanoid robotics race is no joke though—Unitree has been dropping insane demos lately Unitree robot air-kicks and explodes watermelon