徐强 国泰海通分析师: 好的，各位投资者大家下午好，欢迎参加我们国泰海通电新团队春节不打烊的系列电话会 议。我是国泰海通的环保电新首席徐翔，今天我和我们孙潇浩孙老师一起给各位领导做去 做一些 AIDC 方面的汇报。明天就是这个第一个交易日了，那在此，我们国泰海通电新团 队祝大家开市大吉，业绩长虹。这个假期期间，我们围绕了 AIDC、太空算力、太阳翼、 锂电供应链，然后开展了一系列的这个电话会议和专家的这个交流。那这今天下午的电话 会议主要是汇报 A I D C 硬件端的这些投资机会。 然后同时，今天晚上我们还安排了这个卫星载荷的专家，然后来交流一下太空算力以及太 阳翼的这一方面的一个，这个投资内容。今晚 8 点，也欢迎大家这个就是按时接入。首先 我们一直从这个去年开始吧，去去年，24 年底，前年开始，就一直在推荐 AIGC 的这些投 资机会。市场，其实对于 IPC 的这些投资的持续性，持，一直是存，一直在质疑当中，这 个不断的这个提升预期的。那包括像现在。大家对于这个北美地区，像 Oracle 他们的一 个投资的持续性，以及北美这些算力是否存在泡沫，一直有比较大的一个争议。 但是，近期我们在在使用，包括像 O ...

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy (NASDAQ: XEL) announced today it will power a new Google data center in Pine Island, Minnesota. The data center and associated Electric Service Agreement will provide a significant contribution to the state's economy, including a large buildout of new clean energy projects that will contribute to Minnesota's clean energy goals while ensuring that Xcel Energy's current customers benefit as a result of this growth. Data centers serve as the core infrastructure that po ...

Alphabet-owned Waymo on Tuesday opened its robotaxi service to some public passengers in Dallas, Houston, San Antonio and Orlando, the company announced. With the multi-city expansion, Waymo is now operating its service in 10 U.S. cities, extending its lead in the North American driverless ride-hailing market. The Google sister company is aiming to lock in loyal riders and win over skeptics, including six in 10 U.S. drivers who said they were fearful of driverless cars, according to a 2025 survey by the Ame ...

Alphabet's Google will build its first data center in Minnesota and deploy a significant amount of new renewable energy in the state under an agreement with utility Xcel, the companies announced Tuesday. The data center will be located on a 480-acre site at Pine Island, a town of about 4,000 people some 70 miles southeast of Minneapolis. Google had not publicly disclosed its role in the project previously. The facility will be used for artificial intelligence applications as well as Google's broader cloud b ...

Group 1: Market Overview - In the fourth quarter of 2025, the S&P 500 returned 2.65%, leading to a full-year return of 17.9% for 2025, with annual growth of over 21% over the last three years [1] - Market leadership was characterized by High Beta and Momentum factors, with narrow participation, although sectors like Healthcare, Financials, and Consumer Discretionary showed slight improvements [1] - Mega-cap technology companies remained the primary drivers of the S&P 500's overall return, indicating high stock concentration [1] Group 2: Madison Large Cap Fund Performance - The Madison Large Cap Fund (Class I) appreciated 3.43% in the fourth quarter, outperforming the S&P 500 Index's return of 2.65% [1] - The fund's top five contributors for the quarter included Alphabet Inc. (NASDAQ:GOOG), Parker-Hannifin, Keysight Technologies, Danaher, and PACCAR [3] Group 3: Alphabet Inc. (NASDAQ:GOOG) Insights - Alphabet Inc. (NASDAQ:GOOG) is a significant contributor to the Madison Large Cap Fund's performance, with its stock closing at $311.69 per share and a market capitalization of $3.771 trillion on February 23, 2026 [2] - The company achieved its first-ever $400 billion annual revenue in 2025, and its shares gained 75.73% of their value over the last 52 weeks, despite a one-month return of -6.96% [5] - Alphabet's main businesses, including Search, YouTube, and Cloud, continued to accelerate, and the release of new AI models has bolstered investor confidence in its growth potential [3]

AES 公司周二宣布，已与谷歌签署一份20 年协议，为这家美国科技巨头计划在得克萨斯州威尔巴格县 新建的数据中心供电。 AES 表示，还签署了与新数据中心配套建设的发电项目协议，支持谷歌扩大运营，以满足其核心服务 需求。 这家公用事业公司的股票在盘前交易中上涨1.2%。 AES 公司周二宣布，已与谷歌签署一份20 年协议，为这家美国科技巨头计划在得克萨斯州威尔巴格县 新建的数据中心供电。 AES 表示，还签署了与新数据中心配套建设的发电项目协议，支持谷歌扩大运营，以满足其核心服务 需求。 这家公用事业公司的股票在盘前交易中上涨1.2%。 随着人工智能热潮引发电力需求激增，美国公用事业公司正争相与数据中心运营商签署供电协议。不 过，这一需求也引发了用户电费上涨的担忧。 谷歌数据中心能源全球主管阿曼达・彼得森・科里奥表示，该协议将为数据中心带来新增清洁发电项 目，减轻当地电网压力，并有助于控制能源成本。 截至目前，AES 已与数据中心客户签署了近12 吉瓦的能源相关协议，其中9 吉瓦为与超大型云服务商 直接签订的购电协议。 随着人工智能热潮引发电力需求激增，美国公用事业公司正争相与数据中心运营商签署供电协议。不 ...

美国电力能源公司（AES）与谷歌数据中心签署供电协议后，盘前股价上涨2.5%。 来源：滚动播报 ...

Google and AES Sign 20-year PPAs for Co-Located Generation ARLINGTON, Va., Feb. 24, 2026 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced agreements for energy generation that will be co-located with a new Google data center in Wilbarger County, Texas. ...

Resistance Over SupportWhile institutions like Wells Fargo have recently upgraded Alphabet with targets as high as $387, Moon is taking a decidedly short-term, contrarian view.On Morning Trade Live by Schwab Network, Moon noted that the current market environment has shifted from its traditional “buy the dip” mentality.“I’m looking at Google as a fade right now,” Moon stated, emphasizing that technical barriers are now more significant than historical floors.“In this environment, resistance is going to play ...

高盛表示，令投资者将们颇感意外的是，美股市场的金融股是净卖出规模最高的板块，而能源、医疗保 健与必需型消费品等长期以来的避险型防御板块的最新仓位则显示出现最大规模净买入。不过该机构未 将金融板块进一步细分为子类别。 "尽管从全球市场、美国以及欧洲市场的角度来看，半导体与软件之间的对冲基金仓位差距仍然非常极 端且严重拉伸，但这种轮动似乎放缓了，或出现了一些逆转，"摩根大通的这份报告显示。 该机构表示，在前一周遭遇创纪录规模的巨额抛售之后，美股市场的软件股标的确实出现了一些买盘净 回流，但未对该比较给出具体时间范围。 另一华尔街金融巨头高盛近日发布的客户投资说明则显示，从截至2月14日的当周之后，对冲基金投资 机构们的杠杆率有所上升，并接近一年以来的最高水平。与此同时，聚焦杠杆策略的对冲基金们杠杆率 回升接近一年高位，往往意味着一旦宏观/关税/地缘再出"显著噪音"，回撤也会更陡。 该客户说明称，全球股票市场的截至2月19日当周的最新净卖出规模已升至自美国总统唐纳德·特朗普去 年4月宣布一连串进口关税以来的最高水平。 智通财经APP获悉，华尔街金融巨头摩根大通(JPM.US)周二发给客户们的一份研究报告显示，有着" ...