事件： 2026年2月25日晚，兖矿能源的海外核心子公司兖煤澳大利亚（3668.HK）发布2025年业绩。2025年，公司实现营业收入59.49 亿澳元，同比下降14%；实现归母净利润4.40亿澳元，同比下降64%。 本文源自报告：《量增本降显韧性，价涨利增看弹性》 2026年公司产量和成本指引区间小幅上升，2026年有望实现净利润5.4亿澳元，为兖矿能源带来盈利贡献约16.38亿元。展望 2026年，公司权益商品煤产量指引为3650-4050万吨，现金经营成本指引为90-98澳元/吨，资本开支指引为7.5-9.0亿澳元，整 体经营目标保持稳健。我们预计，2026年公司商品煤产量有望实现在指引区间上沿；现金成本较2025年保持稳态；煤价方 面，受益于煤炭供给端收缩，2026年煤炭中枢价格有望较2025年实现抬升。综上，我们预计兖煤澳洲2026年有望实现净利润 5.4亿澳元，对应兖矿能源62.26%的持股比例，有望带来盈利贡献约3.36亿澳元（约合16.38亿元人民币）。 盈利预测及评级：我们持续看好拥有海外优质煤炭资产，且具备持续成长能力和高成长空间的能源化工龙头兖矿能源，我们 对兖矿能源2025-2027年 ...

NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Danone S.A. (“Danone” or the “Company”) (OTCMKTS: DANOY). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Danone and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On January 21, 2026,  ...

来源：环球市场播报 汇丰分析师在一份报告中写道，若不计美国业务表现，达能的第四季度业绩表现强劲。该公司的北美乳 制品销售额基本持平，这些分析师表示，其多项业务在今年开局艰难。分析师表示，"我们认为，这些 因素将抵消欧洲稳定业绩以及一些新兴市场潜在改善带来的益处。"他们补充说，与此同时，随着出生 率下降，该公司北亚专业特殊营养业务可能会正常化。股价交投持平，报72.08欧元。 ...

Core Viewpoint - US stock investors are facing a scenario where the decline of major tech companies and leading AI cloud service providers could simultaneously drag down the US stock market and economy [1] Group 1: Market Performance - The overall performance of US stocks has lagged behind major global markets this year, with the Nasdaq and S&P 500 indices completely reversing their gains [1] - The "Magnificent Seven" tech giants are under increasing scrutiny, with Microsoft down over 17% and Amazon down over 10% year-to-date [1] - Meta has become the third tech giant to enter a technical bear market [1] - The energy sector has surged over 22% this year, leading among 11 sectors, while the information technology sector has declined by 4.5% [1] Group 2: Market Rotation - The current market rotation began in late 2025, initially as a mean reversion trade, but has evolved into a fundamental logic shift focusing on AI's broader market impact [2] - The S&P 500 equal-weight index has risen 5.5% in the first 32 trading days of the year, significantly outperforming the traditional market-cap-weighted index, which only increased by 0.1% [2] - Historical instances of extreme market divergence have occurred only a few times in the past 25 years, often accompanied by significant sector reshuffling [2] Group 3: Economic Context - The current market style shift resembles the 2000 internet bubble period, with investors trying to discern which tech companies will benefit from the technological wave [3] - The resilience of the US economy adds confusion regarding whether the capital outflow from large tech stocks is a sign of healthy market expansion or a precursor to risks [3] - If the "Magnificent Seven" can no longer drive the benchmark index, the broader US stock market may face a risk of correction [3] Group 4: AI and Cloud Services - Concerns are rising over the capital expenditures of cloud service providers, with fears of a potential bubble contraction [4] - A significant drop in free cash flow for cloud service providers is expected in the coming quarters due to high capital expenditure forecasts [4] - BCA Research estimates that to restore net asset return rates, cloud service providers need revenue growth of approximately 250 basis points or a 100 basis point increase in profit margins [4] Group 5: Nvidia's Earnings Focus - Investors are closely watching Nvidia's earnings report, which is expected to provide stability to the market amid AI-related concerns [6] - Market expectations for Nvidia's Q4 earnings per share growth are at 71%, with revenue projected at $65.9 billion [6] - Nvidia's CEO statements during the earnings call are anticipated to have a broad impact on the AI industry, especially for companies facing pressure due to concerns over capital expenditure returns [6]

【#谷爱凌的表达能力清晰又动人##谷爱凌做到了对奶奶的承诺#】米兰冬奥会自由式滑雪女子U型场地 技巧决赛，中国选手谷爱凌@青蛙公主爱凌 夺得金牌。赛后新闻发布会，谷爱凌来得有些晚，直到最 后，她哽咽表示"我刚刚得知奶奶去世了。"她说奶奶从小对她影响很大，"很多人是'顺着生活漂过去'， 但她不是。她像一艘轮船——掌舵、加速、顶着风浪往前开，抓住缰绳，将生活变成自己想要的样 子。"这位"强悍、勇敢"的长辈在她出征前就已病重，她知道这一天可能到来，她没有许诺"我一定 赢"，但许诺了"我一定勇敢"。#谷爱凌奶奶去世# （来源：荔枝新闻） 转自：荔枝新闻 ...

与此同时，来自伊朗、美国官员以及一些海湾国家和欧洲国家外交官的消息显示，随着美国和伊朗之间谈判陷入僵局，两国军事冲突风险正在加大。 下周周中，特朗普将发表国情咨文。先前白宫新闻秘书卡罗琳·莱维特未透露，特朗普是否计划在国情咨文演讲中，阐明对伊军事行动的目标与理由。 | 标的 | 时段 日期 | | --- | --- | | 达美乐比萨、道明尼资源 | 周一 | | 盘后 Hims & Hers Health. BWX Technologies | (2月23日) | | 盘前 家得宝、NRG Energy、亚玛芬体育 | 周二 | | 盘后 AMC院线、纳微半导体、惠普、第一太阳能 | (2月24日) | | Hut 8、TJX公司、Circle、劳氏 | | | 盘后 英伟达、塞富时、IonQ、新思科技、携程网 | (2月25日) | | 儒前 D-Wave、Vistra Energy、百度、百济神州 | 周四 | | 盘后 CoreWeave、SoundHound、MP Materials、戴尔科技 | (2月26日) | | 盘前 Energy Fuels、全球星 | 周五 | | | 周三 | | ...

本周美股整体反弹，三大指数周线均录得涨幅，其中标普500指数和指数双双累涨超1%。 周五盘中，美国最高法院裁定，特朗普政府依据《国际紧急经济权力法》实施的相关大规模关税措施缺 乏明确法律授权，提振了市场情绪。 下周周中，特朗普将发表国情咨文。先前白宫新闻秘书卡罗琳·莱维特未透露，特朗普是否计划在国情 咨文演讲中，阐明对伊军事行动的目标与理由。 | | | 标的 | | --- | --- | --- | | 高一 | 盘前 | 达美乐比萨、道明尼资源 | | (2月23日) | 盘后 | Hims & Hers Health, BWX Technologies | | 周二 | 盘前 | 家得宝、NRG Energy、亚玛芬体育 | | (2月24日) | 盘后 | AMC院线、纳微半导体、惠普、第一太阳能 | | 周三 | 盘前 | Hut 8、TJX公司、Circle、劳氏 | | (2月25日) | 盘后 | 英伟达、塞富时、lonQ、新思科技、携程网 | | 周四 | 盘前 | D-Wave、Vistra Energy、百度、百济神州 | | (2月26日) | 盘后 | CoreWeave、Soun ...

Group 1 - The US stock market rebounded this week, with all three major indices recording gains, including the S&P 500 and Nasdaq Composite, both up over 1% [1] - The Supreme Court's ruling against the Trump administration's large-scale tariffs under the International Emergency Economic Powers Act boosted market sentiment [1] - Trump announced plans to increase the global import tax rate from 10% to 15%, introducing new uncertainty for the market [1] Group 2 - Nvidia's upcoming earnings report is seen as a critical indicator for the sustainability of the AI boom, with expectations for results exceeding market forecasts [2] - The importance of earnings reports from the software sector has increased due to the intensifying impact of AI, with companies needing to adapt and innovate [3] - Despite weakness in tech stocks, sectors like energy, industrials, and consumer staples continue to support index performance [3] Group 3 - Key economic events next week include speeches from Federal Reserve officials and the release of various economic indicators, such as factory orders and consumer confidence [4] - Trump's State of the Union address is scheduled, which may provide insights into his administration's economic policies [4]

Core Insights - The core viewpoint of the article highlights Danone's financial performance for the year 2025, focusing on overall performance, regional market dynamics, and future growth guidance [1]. Financial Performance - In 2025, Danone's global sales revenue increased by 4.5%, exceeding 220 billion RMB. The company anticipates a same-store sales growth of 3% to 5% for the full year of 2026, with recurring operating profit growth expected to outpace sales revenue growth [2]. Business Development - The region is identified as a key driver of Danone's performance growth. In the fourth quarter, sales revenue grew by 10.4%, primarily driven by volume and product mix, which contributed to a growth of 10.6%. For the full year, the specialized nutrition business (including infant formula and medical nutrition) generated revenue of €2.768 billion, reflecting a year-on-year increase of 13.2%. The bottled water and beverage segment reported revenue of €777 million, up 6.1% year-on-year [3]. Recent Events - The report mentions the impact of a recent infant formula recall, stating that the financial impact is assessed to be "not significant," with an expected effect on net sales of approximately 0.5% to 1% in the first quarter of 2026. The company emphasizes that products sold through official channels in China were unaffected and is focused on rebuilding trust. Additionally, Danone has prepared an unprecedented product renewal plan for the 2026 sales season in the Chinese market, aiming to minimize inventory levels in preparation for the launch of new products [4].

格隆汇2月20日｜达能公司首次估算了近期因污染恐慌而召回婴儿配方奶粉可能造成的损失，称预计今 年第一季度将遭受3500万至7000万欧元（约合8240万美元）的经济损失。"在经历了那次一次性冲击之 后，我们应该会逐步恢复正常，"副首席执行官尤尔根·埃塞尔在接受采访时表示。"因此，我们今天上 午也非常有信心地确认了全年业绩预期。" ...