Core Insights - Google and Apple are integrating music-focused generative AI features into their consumer applications, highlighting the mainstream adoption of advanced AI tools [1] Group 1: Google Developments - Google's Gemini AI assistant can create 30-second music tracks based on user-uploaded text, photos, or videos using the Lyria 3 model, available to users over 18 in multiple languages [2] - The Gemini AI will also generate custom cover art through its Nano Banana model, enhancing the sharing experience for users [3] - Google aims to strengthen its consumer offerings amid competition with OpenAI's ChatGPT, following positive reception of its Gemini 3 AI model [4] - The AI-driven music creation feature will have usage limits, allowing free users to generate 10 tracks per day, while paying users can create between 20 to 100 tracks daily based on their subscription tier [7] - Google has implemented safeguards to prevent the AI from using specific artists' content, ensuring compliance with intellectual property and privacy regulations [9] Group 2: Apple Developments - Apple is introducing a feature called Playlist Playground in Apple Music, enabling users to create playlists from text prompts, which will include cover art, descriptions, and 25 songs [5] - This new feature is part of iOS 26.4, currently in beta, and will be more widely available in the spring [5] - Apple is working to enhance its AI capabilities across its applications, although updates to its Siri virtual assistant may face delays [6] Group 3: Industry Context - The music industry has expressed concerns regarding generative AI tools, viewing them as potential threats to business and intellectual property [8] - Major music companies have taken legal action against AI startups for copyright infringement, with some reaching settlements to ensure proper licensing and controls [8]

Core Viewpoint - Meta CEO Mark Zuckerberg testified in a landmark trial regarding social media and safety issues, emphasizing his concern for the welfare of young users on Instagram and his proactive approach in discussing these issues with Apple CEO Tim Cook [1][9]. Group 1: Communication with Apple - Zuckerberg reached out to Tim Cook in February 2018 to discuss the welfare of teenagers and children, suggesting a potential collaboration between Meta and Apple [1][8]. - The defense presented emails showing Zuckerberg's proactive communication with young Instagram users, countering claims that he was not concerned about their safety [1][8]. Group 2: Filters and User Safety - The trial focused on the impact of digital filters, particularly beauty filters, which have been accused of promoting cosmetic surgery among young users [1][9]. - Zuckerberg acknowledged that the company consulted various stakeholders regarding the use of beauty filters but did not specify who they were [2][9]. - He defended the decision to lift a temporary ban on cosmetic filters, citing freedom of expression, despite acknowledging expert concerns about their negative impact on young girls [3][10]. Group 3: Internal Disagreements and Evidence - Internal disagreements were noted, with some Meta employees expressing concerns about the decision to allow beauty filters, including a vice president who felt it was not the right choice given the risks [4][10]. - Zuckerberg stated that there was insufficient causal evidence to support claims of harm from external experts, despite acknowledging the feedback received [4][10]. Group 4: User Engagement and Company Goals - Zuckerberg denied that increasing user time on Instagram was a company goal, clarifying that discussions about user engagement metrics were part of the company's vision rather than explicit targets [5][12]. - Evidence was presented indicating plans to increase daily active user time to 40 minutes in 2023 and 46 minutes by 2026, which Zuckerberg framed as milestones for competitive comparison [6][12]. Group 5: Age Verification and User Removal - Concerns were raised about the effectiveness of age verification on Instagram, with reports indicating that 4 million children under the age of 13 were using the platform [13]. - Zuckerberg stated that the company would remove identified underage users and emphasized the importance of age restrictions during the registration process [13][14]. - The defense questioned the practicality of expecting young children to understand the terms of service, highlighting the challenges of enforcing age restrictions [7][13].

Market Performance - The three major U.S. stock indices closed higher, with the Dow Jones Industrial Average rising by 129.47 points, an increase of 0.26% [1] - The Nasdaq Composite gained 175.25 points, reflecting a rise of 0.78% [1] - The S&P 500 index increased by 38.09 points, marking a 0.56% rise [1] Key Stocks Movement - The "Magnificent Seven" tech stocks collectively saw gains, with Amazon rising nearly 2% [1] - Nvidia increased by over 1% [1] - Microsoft rose by 0.69%, Facebook by 0.61%, Google by 0.43%, Apple by 0.18%, and Tesla by 0.14% [1] Oil Prices - International oil prices experienced a significant increase on the 18th, with light crude oil futures for March delivery rising by $2.86 to $65.19 per barrel, a gain of 4.59% [1] - April delivery Brent crude oil futures rose by $2.93 to $70.35 per barrel, reflecting a 4.35% increase [1]

来源：环球网 该报告基于SellCell内部以旧换新数据及40家独立iPhone收购商的二级市场价格趋势分析得出，iPhone 17 Pro Max在以旧换新Top20机型中占比达11.5%。其占比从去年11月末的5.1%增至今年2月初的11.5%， 约12周内实现翻倍，增长势头迅猛。值得注意的是，86%的被置换机型处于几乎全新或良好状态，可见 不少用户在购买后不久便选择置换。 【环球网科技综合报道】2月19日消息，据外媒macrumors报道，SellCell发布的最新以旧换新数据显 示，苹果最新旗舰机型iPhone 17 Pro Max上市仅数月，便迅速登顶独立以旧换新市场，成为当前最热门 的以旧换新智能手机，打破了旧机型主导以旧换新市场的常规格局。 对比来看，iPhone 15 Pro Max与iPhone 14 Pro Max表现依旧突出，各占以旧换新总量的7.3%；iPhone 16 Pro Max与iPhone 13各占7.2%。据悉，Top20机型合计占所有以旧换新活动的47%，而iPhone 17 Pro Max 作为新机能脱颖而出，实属罕见——通常以旧换新市场由保有量高的旧机型主导。 保值力 ...

核心配置上，iPhone 18 Pro将搭载台积电2nm工艺A20 Pro芯片，性能提升15%、能效提升30%，搭配全 新封装技术，进一步提升运行速度与续航表现；同时内置自研C2调制解调器，支持毫米波5G。 影像系统迎来重大突破，首次采用三星研发的三层堆叠传感器，配合全系可变光圈主摄，可手动调节光 圈大小，实现类似单反的景深控制，低光拍摄表现更出色。外观上，机型大致延续iPhone 17 Pro设计， 取消双色调后盖，新增酒红、棕色、紫色三款配色，灵动岛缩小35%，暂不搭载屏下Face ID。 来源：环球网 【环球网科技综合报道】2月19日消息，据外媒macrumors报道，随着苹果iPhone研发推进，iPhone 18 Pro系列的相关传闻已全面曝光。据悉，苹果今年将调整iPhone发布周期，采用两阶段推出策略，iPhone 18 Pro、Pro Max及折叠屏iPhone Fold将于9月亮相，后续机型则在2027年春季推出，其十大升级亮点颇 具吸引力。 此外，iPhone 18 Pro Max电池容量或提升至5100-5200mAh，机身略有增厚增重；相机按键简化设计以 控制成本，同时将支持5G卫星互 ...

Core Insights - H&H International Investment, managed by investor Duan Yongping, has made significant adjustments to its portfolio in Q4 2025, notably reducing its stake in Apple while increasing investments in AI-related stocks [1][2]. Portfolio Adjustments - In Q4 2025, Duan Yongping reduced his holdings in several stocks, including Apple (AAPL) by 10.12%, Occidental Petroleum (OXY) by 1.27%, Alibaba (BABA) by 1.24%, ASML Holding (ASML) by 0.47%, and Walt Disney (DIS) by 0.1% [2]. - Despite the reduction, Apple remains the largest holding in Duan's portfolio, with a market value of $8.797 billion, accounting for 50.3% of the total portfolio, although he sold 2.4706 million shares [3]. Investment in AI - Duan Yongping significantly increased his position in NVIDIA, acquiring 6.6393 million shares, marking a 1110.62% increase, with a total market value of $1.35 billion, making it the third-largest holding at 7.72% of the portfolio [3]. - Additionally, Duan initiated positions in three AI-related companies: CoreWeave (299,900 shares), Credo (141,300 shares), and Tempus (110,000 shares), targeting key areas in the AI supply chain [3]. Strategic Outlook - In early January, Duan expressed a strong interest in learning about AI, indicating a belief that the technology will significantly transform the world in the coming years, potentially more than in the past decades [3].

Core Insights - H&H International Investment, managed by Duan Yongping, reported a total portfolio value of approximately $17.49 billion, equivalent to over 120 billion RMB, as of the end of 2025 [2] - The firm significantly reduced its position in Apple, its largest holding, while increasing its stake in NVIDIA by over 1,100% in Q4 [2][3] - Duan Yongping also made initial investments in three AI-focused companies: CoreWeave, Credo Technology, and Tempus AI, with respective portfolio allocations of 0.12%, 0.12%, and 0.04% [2][3] Investment Changes - Apple (AAPL) saw a reduction in shares held from 32,358,507 to 29,887,907, decreasing its portfolio percentage from 60.42% to 50.30% [3] - NVIDIA (NVDA) shares increased from 7,237,100 to 23,876,400, raising its portfolio percentage from 0.76% to 7.72% [3] - Google (GOOG) and Pinduoduo (PDD) were both increased, with PDD seeing a 34.55% increase in shares held [2][3] New Investments - CoreWeave (CRWV) is a cloud service provider focused on AI and high-performance computing, with a portfolio allocation of 0.12% [2][3] - Credo Technology (CRDO) specializes in high-speed connectivity solutions for AI data centers, also holding a 0.12% portfolio allocation [2][3] - Tempus AI (TEM) is a leader in AI-driven precision medicine, with a 0.04% allocation in the portfolio [2][3] Significant Reductions - A substantial reduction of 87.63% was made in ASML, indicating a strategic shift away from this position [2][3] - The firm also reduced its stake in OXY by 2.83% [3] Future Outlook - Duan Yongping expressed a strong interest in understanding AI technologies, indicating a potential for further investment in this sector [4]

Core Insights - Duan Yongping's H&H International Investment reduced its holdings in Apple, Occidental Petroleum, Alibaba, Disney, and ASML in Q4 2025, similar to Berkshire Hathaway's actions [1][3][7] - The reduction in Apple shares was significant, with a decrease of over 7% in holdings, totaling 2.4706 million shares sold [2][8] - Duan has been a long-term investor in Apple since 2011, citing reasons such as user experience, platform ecosystem, and strong customer loyalty [2][8] Investment Strategy - Duan Yongping significantly increased his investment in Nvidia, with a 1110.62% increase in shares, totaling 7.2371 million shares valued at $1.35 billion, making it the third-largest holding in his portfolio [3][9] - The investment in Nvidia reflects a strategic shift towards AI, with Duan expressing admiration for CEO Jensen Huang and the company's vision for the future [11][12] New Investments in AI - Duan initiated positions in three AI-related companies: CoreWeave, Credo, and Tempus, focusing on critical areas of the AI supply chain [11][12] - CoreWeave specializes in high-performance computing and GPU rental services, Credo provides high-speed connectivity solutions for AI data centers, and Tempus focuses on AI-driven precision medicine [5][11] Market Positioning - Despite the reduction in Apple shares, it remains the largest holding in Duan's portfolio, accounting for 50.30% of the total value [10] - The overall portfolio reflects a diversification strategy, with significant investments in technology and healthcare sectors, particularly in AI [10][11]

Goldman has the largest weighting in the Dow, accounting for more than 10% of the index’s value. Its share price is the highest, at more than $900. Its market capitalization of around $270 billion is close to the index’s median of $286 billion. The investment bank was founded in New York City in 1869, but did not become a part of the Dow until 2013.The following is a list of companies that make up the Dow, arranged by stock price from highest to lowest. Stock prices are as of mid-February 2026. For updated ...

Group 1 - The Chinese Consulate in Sapporo has advised Chinese citizens to avoid traveling to Japan following an incident where a Hong Kong resident was assaulted in Sapporo [8] - As of the end of 2025, H&H International Investment, managed by Duan Yongping, has a total portfolio value of approximately $17.489 billion, equivalent to over 120 billion RMB [13] - International crude oil futures saw a significant increase, with WTI crude oil rising by 4.59% to $65.19 per barrel, and Brent crude oil increasing by 4.35% to $70.35 per barrel [4][20] Group 2 - The U.S. stock market indices closed higher, with the Nasdaq up 0.78%, S&P 500 up 0.56%, and Dow Jones up 0.26%, driven by gains in major tech stocks [3] - The market for gold and silver also saw increases, with spot gold rising by 2.08% to $4,979.56 per ounce and spot silver increasing by 5.04% to $77.2335 per ounce [4] - The State Council's Safety Committee and the Ministry of Emergency Management have emphasized the need for strict safety regulations regarding fireworks to prevent accidents [6] Group 3 - Several domestic gold jewelry brands have reduced their prices below 1,500 RMB per gram, with Chow Tai Fook and Lao Miao Gold both pricing at 1,499 RMB per gram [7] - On February 17, the total cross-regional movement of people in China reached 22.4182 million, a 15.5% increase from the previous day and a 9.4% increase compared to the same day last year [7]