Group 1 - The U.S. stock market experienced a significant decline, with the Dow Jones dropping over 821 points, a decrease of 1.66%, while the Nasdaq fell by 1.13% and the S&P 500 decreased by 1.04% [1] - Major technology stocks such as Microsoft, Amazon, Meta, and Tesla saw notable declines, while Nvidia and Apple, which are set to release earnings this week, experienced gains [1] Group 2 - The AI sector played a crucial role in the market turmoil, particularly after Anthropic announced new programming features for its Claude Code product, raising concerns about IBM's mainframe business, leading to a more than 13% drop in IBM's stock, marking its largest single-day decline in over 25 years [3] - The software sector was heavily impacted, with the software ETF IGV falling nearly 5%, reaching a two-year low [3] - A widely circulated article titled "The Intelligent Crisis of 2028" heightened investor anxiety, suggesting that abundant machine intelligence could compress labor income and trigger demand contraction, negatively affecting the stocks of mentioned companies [3] Group 3 - Goldman Sachs reported that the U.S. stock market is in a phase of "extreme calm in indices, but severe turbulence in individual stocks," indicating a significant divergence [5] - Institutional investors are selling U.S. stocks at the highest rate in four years while simultaneously buying down protection [5] - There is a clear sector differentiation, with funds aggressively selling software and internet stocks while purchasing semiconductor and memory chip stocks [5]

美东时间2月23日，关税裁决的不确定性，叠加市场对AI发展的担忧，美股三大指数当日集体承压，最 终全线收跌。 截至收盘，道指跌1.66%，报48804.06点，跌821.91点；标普500指数跌1.04%，报6837.75点；纳指跌 1.13%，报22627.27点。 道指成份股中，IBM跌13%，美国运通跌逾7%，领跌道指。 科技巨头IBM暴跌超13% 美东时间2月23日，科技巨头IBM暴跌超13%，创下自2000年10月以来最大的单日跌幅。 消息面上，Anthropic推出的Claude Code，可自动分析与现代化COBOL系统，冲击IBM长期仰赖的大型 主机业务。 资料显示，COBOL是通用面向商业语言（Common Business-Oriented Language）的缩写，是20世纪50年 代末开发的主流代码系统，广泛用于商业数据处理，例如支付处理和零售交易系统。据Anthropic称， 美国约95%的ATM交易都依托COBOL运行，这使其成为高性价比AI技术冲击的主要目标。 Anthropic表示，Claude Code可以帮助对COBOL代码库进行现代化改造：梳理数千行代码之间的依赖关 系、 ...

The The moves in Asia came after the S&P 500 Index slid 1%, with tech, delivery and payment shares hit as Citrini Research laid out the potential Amid lingering uncertainty over President Donald Trump’s tariffs, concerns about AI-driven disruption are prompting traders to dump shares of any company seen at the slightest risk of being displaced. Those worries have also grown despite solid results from megacaps amid doubts over whether big investments in the technology will pay off soon.“The software selloff ...

Core Viewpoint - IBM's stock price plummeted 13.2% to $223.35 per share, marking its worst day since 2000, following an update from Anthropic about its AI tool Claude Code, which threatens IBM's mainframe business [1][2][4] Group 1: Impact of AI on IBM - Anthropic's Claude Code can modernize Cobol, a programming language heavily used in IBM's mainframe systems, automating complex tasks that were previously labor-intensive [1][3] - The update from Anthropic highlights that AI can streamline Cobol modernization, which has historically been cost-prohibitive due to the need for extensive human analysis [3][4] - IBM's reliance on mainframe systems, which are critical for industries like finance and government, poses significant risks as AI tools disrupt traditional business models [5][7] Group 2: Market Reaction and Trends - IBM shares have declined 27% in February, indicating the company's largest one-month drop since at least 1968, driven by fears of AI disruption in the tech sector [2][6] - The broader software market is experiencing a downturn as investors grow wary of tech stocks amid concerns that AI will disrupt established business practices [6][7]

美东时间周一，美股三大指数收盘均跌超1%。截至收盘，标普500指数跌1.04%，报6837.75点；纳斯达克综合指数跌1.13%，报22627.27点；道琼斯工业平 均指数跌1.66%，报48880.40点。 人工智能初创公司Anthropic最新发声撼动市场，IBM股价创下逾25年来最差单日表现，收盘暴跌13.15%。 北京时间周一早盘时段，金价一度强势上涨，最高触及5249.97美元/盎司，在盘中跳水后震荡拉升，截至发稿报5238.06美元/盎司。 | 黄金/美元 | | | | | | | --- | --- | --- | --- | --- | --- | | ri Q | < V | XAU | | | | | 5238.06 今开 5232.07 最高 5249.97 最低 5218.33 | | | | | | | 日譜 | -- 特仓 | 0.20% 10.31 芯于 | | | | | 结算 | 重零 | -- 昨结 5227.75 | | | | | 周Ｋ | 分时 | 月K | 更多, ◎ | 五日 | 日K | | 5249.97 | 0.43% 卖1 5238.44 | 0 | | ...

来源：智通财经网 周一，人工智能(AI)"恐慌交易"再度爆发，对AI颠覆性力量的担忧日益加剧，拖累了快递、支付和软件 公司的股价，并导致IBM(IBM.US)创下25年来最大单日跌幅。 此次抛售始于一家名为Citrini Research的小型机构在过去这个周末发布的一份悲观报告。该报告通过设 定未来的假想情景，概述了AI可能对全球经济多个领域带来的风险。据悉，报告设定了一个假想情 景，时间点为2028年6月。在这个情景中，AI的颠覆性影响导致大量白领失业，消费者支出下降，由软 件支持的贷款出现违约，经济陷入收缩。 报告写道："本文的唯一目的，是对一个此前相对缺乏深入探讨的情景进行建模。希望读完之后，你能 为人工智能让经济变得越来越'奇怪'所带来的潜在尾部风险做好准备。"不过，报告也明确强调："以下 内容只是一个情景设想，而不是预测。" 值得一提的是，Citrini在报告中特别点名食品配送服务和信用卡公司将面临困境。报告中假设， DoorDash(DASH.US)和Uber Eats等外卖应用的主导地位将被所谓的"vibe-coded"(氛围编程)替代方案取 代，而AI代理将通过消除万事达(MA.US)和Vi ...

Core Viewpoint - The ongoing tech sell-off in the U.S. is significantly influenced by developments in AI, with IBM experiencing its steepest drop in history, reflecting broader market concerns about the tech sector's sustainability amidst AI advancements [1][5]. Group 1: Market Dynamics - The tech sector is under pressure, with a notable sell-off driven by fears that AI advancements are cannibalizing traditional tech stocks [2][3]. - FAANG ETFs and software stocks like Salesforce and Adobe are among the first to feel the impact, indicating a broader trend of U.S. investors divesting from tech [3][9]. - The consumer discretionary, tech, and financial sub-indices of the S&P 500 remain negative year-to-date, highlighting the rapid growth of investor fears [9]. Group 2: AI Developments - IBM's recent price action is linked to the emergence of AI programs like Anthropic's 'Claude,' which are seen as potential competitors to existing software solutions [5][9]. - Agentic AI, which can autonomously create code and fulfill roles traditionally held by humans, poses a significant threat to companies like Adobe and Salesforce, potentially reducing their revenue from SaaS contracts [6][9]. - The speculative nature of AI's impact on the economy is underscored by a report suggesting that AI could lead to a 'Ghost GDP,' where economic activity does not translate into consumer spending [14][15]. Group 3: Speculative Insights - A speculative blog post titled "The 2028 Global Intelligence Crisis" has contributed to market panic, suggesting that AI disruption could lead to a collapse in labor GDP and the mortgage market [11][12]. - The report's narrative resonates with existing market fears, indicating a consensus view among investors regarding the potential negative implications of AI on the economy [12][15]. - The concept of a 'Ghost GDP' suggests that while investments in AI may increase, they do not benefit the workforce, leading to decreased consumer spending and economic downturn [14][15].

The artificial intelligence “scare trade” erupted again on Monday as growing concerns about the disruptive power of AI dragged down shares of delivery, payments and software companies, and sent International Business Machines Corp. to its worst plunge in 25 years.It began after a bearish report was published over the weekend by a little known firm called Citrini Research.The report, released on social media Sunday, outlined the potential risks to various segments of the global economy, using hypothetical sc ...

去年底，IBM公司推出两款新型量子计算机——"夜鹰"与"潜鸟"；与此同时，丹麦宣布将打造"全球最 强大的商用量子计算机"。这些消息是量子技术从实验室走向现实世界的最新进展。 量子技术，根植于量子力学。在这一领域，昔日被视为玄奥理论的奇观，如今已化为创新引擎，催生以 全新方式处理信息的计算机、以前所未有精度测量世界的传感器，以及几乎牢不可破的通信网络。 极小尺度中蕴藏着无限可能。如今，量子技术正悄然渗入工业、安全乃至人们日常生活的诸多方面。澳 大利亚《对话》杂志网站在近日的报道中，盘点了量子技术即将深刻影响人类日常生活的五种方式。 在医药领域，这意味着更快发现新药，更快应对疫情；在材料科学领域，则有望催生高效能源材料、超 强催化剂，乃至颠覆性的聚合物。所谓"工欲善其事，必先利其器"，量子模拟正是那把开启未来之门的 钥匙。 尽管全功能量子计算机仍在路上，但"量子+经典"混合模式已初露锋芒。 量子传感器"明察秋毫" 量子传感器，借量子叠加与纠缠之力，可探测微弱到近乎无形的变化，如地磁的轻颤、重力的波动、空 气中亿万分之一的污染物。 在导航领域，这些量子传感器无需依赖GPS，仅凭地球磁场与重力场的细微差异，即可引导潜 ...

3、中指研究院报告显示，2025年，餐饮收入增速放缓，叠加优质购物中心的冲击，多数商业街经营承压，租金下行。根据全国15个重点城市主要商业街商 铺样本的调查数据，由重点城市100条商业街商铺为样本标的，构成百大商业街（百街）商铺租金指数。2025下半年，百街商铺平均租金为24.05元/平方米/ 天，环比下跌0.47%，跌幅较2025上半年扩大0.12个百分点，全年累计下跌0.81%，跌幅较2024年累计跌幅扩大0.39个百分点。 登录新浪财经APP 搜索【信披】查看更多考评等级 导读：智通财经2月24日投资避雷针，近日，A股及海外市场潜在风险事件如下。国内经济信息方面包括：1）财通证券指出，春节后首周流动性缺口显著扩 张；2）2026年春节档总票房突破57亿元，2025年春节档票房为95.10亿元；公司方面重点关注包括：1）正元智慧实控人陈坚犯操纵证券市场罪，被判处有 期徒刑三年；2）创识科技控股股东、实控人张更生犯单位行贿罪，被判处有期徒刑二年；海外市场重点关注包括：1）美股三大指数收盘均跌超1%，IBM 创2000年以来最大跌幅；2）美联储理事沃勒表示，若2月就业数据强劲，可能倾向于暂停降息。 经济信息 ...