公告称，亏损减少反映集团在充满挑战的零售环境及持续投资数字基础建设的同时，仍能实施严谨的成 本管理及维持营运效率。 智通财经APP讯，卓悦控股(00653)公布截至2025年12月31日止6个月中期业绩，营业额1232.4万港元， 同比减少50.4%;净亏损6884.8万港元，同比收窄48.81%;每股亏损6港仙。 ...

前言 这座试图用总统"紧急权力"强行搭建的关税壁垒，被最高法院正式贴上了"违宪"的标签。这意味着，过 去一年多以这个名义征收的高达1750亿美元的税款，全都是非法所得。 这场由白宫一手导演，搅动全球的贸易独角戏，在司法铁律面前，终究是演不下去了。此前那种"谁不 服就加税"的嚣张气焰，在死撑了三天后，终于熄火。 这个虎头蛇尾的结局，恰恰印证了中方从一开始就反复强调的那个朴素道理：贸易的牌桌上，从来就没 有真正的赢家。 判决一出，美国海关与边境保护局不敢有丝毫耽搁，在2026年2月24日连夜发布紧急通告，宣告那套被 特朗普吹嘘成"美国救星"的关税制度，即刻终结。 大家好，我是小邹！ 这几天，全球的目光都死死盯着白宫。特朗普发起的全球关税大棒，挥舞得虎虎生风，眼看就要改写世 界贸易的规则。 但就在刚刚，靴子落地了。美国最高法院一纸判决，直接把特朗普的关税高墙判了"违宪"。硬扛了三 天，白宫终究是没扛住。 大厦崩塌 白宫简报室的灯光，似乎比平时暗了不少。特朗普站在那里，脸色阴沉得能拧出水来。就在不久前，美 国最高法院的法槌重重落下，一份6比3的悬殊判决，让他过去一年多引以为傲的全球关税政策，瞬间成 了一纸空文。 随之 ...

Core Viewpoint - Pepkor Holdings Limited continues to achieve solid results despite a challenging economic environment, driven by effective strategic execution and strong retail brands [2]. Group 1: Company Performance - The company emphasizes its commitment to addressing customer needs, focusing on affordability and accessibility [2]. - The Annual General Meeting (AGM) was properly constituted with a quorum present, indicating strong shareholder engagement [1]. - A voluntary update was published on February 2, 2026, covering the three months ended December 2025 [1]. Group 2: Governance and Oversight - All directors, including committee chairs, were present at the AGM, highlighting the importance of governance oversight [2]. - The voting process for the AGM was determined to proceed by way of a poll, conducted electronically to ensure transparency [3]. - A representative from the transfer secretaries was nominated to act as scrutineer for the poll voting [3].

（文章来源：证券日报） 证券日报网讯 2月24日，步步高在互动平台回答投资者提问时表示，公司已于2026年1月30日披露 《2025年年度业绩预告》，请查阅相关公告。 ...

每经编辑｜金冥羽 据央视新闻，当地时间23日，美国媒体报道称美国政府正考虑以"国家安全"为由，对约六个行业加征新一轮关税。知情人士称，拟议关税可能涵盖大型电 池、铸铁及铁制配件、塑料管道、工业化学品以及电网和电信设备等行业。这些新关税将独立于近期宣布的全球15%关税措施单独实施。 美国最高法院日前公布裁决，认定美国《国际紧急经济权力法》没有授权总统征收大规模关税。裁决公布当天，美国白宫网站发布一项经特朗普签署的行 政令，确认终止实施此前援引《国际紧急经济权力法》推出的相关关税措施。 法庭记录显示，美国已经有超过1000家企业加入法律诉讼，要求政府返还已缴纳的关税。参与起诉的包括开市客、锐步等大型企业。 △美联社报道，最高法院驳回特朗普的关税政策后，艰巨的退还税款任务开始了 当地时间2月22日，美国财政部长斯科特·贝森特在接受美国有线电视新闻网（CNN）采访时，被主持人达娜·巴什追问着一个看似直接、却难以直接回答 的问题：既然最高法院已裁定特朗普政府依据《国际紧急经济权力法》（IEEPA）征收的大范围"紧急关税"缺乏授权，那么此前收上来的巨额关税款，退 不退、怎么退？ 虽然最高法院把"能不能征"这件事说清了，但 ...

几乎就在特朗普宣布加税的同时，美国贸易代表贾米森·格里尔接受了媒体采访。他传递出一个看似矛盾的信息：尽管美国将对全球加征新关税，但美国与 中国、欧盟、日本等主要贸易伙伴已经达成的协议依然有效，美方希望这些国家信守承诺。格里尔特别提到了中国，他强调美国依据《国际紧急经济权力 法》对中国加征的部分高额关税，并不在此次最高法院裁决的范围内。白宫方面也出面表示，"美国希望这些贸易伙伴明白，这些协议是有效的"。 要理解这种一边挥舞大棒、一边急忙安抚的矛盾行为，必须搞清楚"对等关税"到底是什么，以及它为什么对特朗普政府如此重要。自2025年上台以来，特朗 普政府频繁援引《国际紧急经济权力法》，以应对所谓的"不公平贸易"为由，对包括中国在内的全球多国加征关税。其中，针对中国的部分尤为突出，被称 为"对等关税"。 这种"对等关税"一度成为特朗普对中国进行极限施压的核心工具。在2025年中美贸易战最激烈的时候，特朗普政府曾威胁将对中国商品的关税税率最高加到 145%，其中125%就是打着"对等关税"的旗号。当去年10月中国升级稀土出口管控措施后，想不出其他招数的特朗普，又掏出了"对等关税"的大棒，威胁要 加征100%的关税。可 ...

Market Overview - The Dow Jones Industrial Average fell by 223.76 points, a decrease of 0.45%, closing at 49,438.90 points; the Nasdaq dropped by 36.68 points, down 0.16%, at 22,716.96 points; and the S&P 500 index decreased by 14.10 points, a decline of 0.20%, ending at 6,867.21 points [3][7] - Investors are weighing Walmart's disappointing earnings outlook against the escalating tensions between the U.S. and Iran, which have contributed to rising oil prices [3][7] Company Specifics - Walmart's stock price declined after the company's full-year earnings forecast fell short of expectations, overshadowing its better-than-expected fourth-quarter performance [3][7] Economic Indicators - The number of initial jobless claims in the U.S. fell by 23,000 to 206,000, marking the largest decline since November, indicating stabilization in the labor market [4][8] - The four-week moving average of initial claims remained steady at 219,000, while the number of continuing claims rose to 1.87 million, the highest since early January [4][8] - Wholesale inventories increased by 0.2% in December, reaching $917.2 billion, aligning with economists' median forecast [5][9] - The trade deficit in December expanded to $703 billion, with imports rising by 3.6% and exports declining by 1.7%, resulting in a total trade deficit of $9,015 billion for the year, the largest since records began in 1960 [5][9]

Group 1 - Amazon has officially surpassed Walmart to become the highest-grossing company globally, with 2025 sales reaching $717 billion compared to Walmart's $713.2 billion for the 12 months ending January 31 [1] - Walmart's stock saw a pre-market increase of nearly 1%, after previously dropping over 3% [1] - Walmart's fourth-quarter revenue was $190.66 billion, slightly above the estimated $190.58 billion, with an adjusted earnings per share of $0.74, exceeding the forecast of $0.73 [3] Group 2 - Walmart's adjusted earnings per share for the first quarter are projected to be between $0.63 and $0.65, while for the fiscal year 2027, the expected range is $2.75 to $2.85, which is below market expectations of $2.97 [3]

来源：滚动播报 亚马逊正式超越沃尔玛百货，成为全球营收最高的公司。沃尔玛曾连续十多年蝉联营收最高的公司，该 公司周四公布截至1月31日的12个月销售额为7132亿美元。而亚马逊本月早些时候公布了2025年的销售 额为7170亿美元。 ...

The market is expecting a lot from the retail giant.Walmart (WMT +3.78%) has dazzled the markets over the past few years as the retail giant continues to steadily grow its business and become a real player in e-commerce. Walmart stock is up 179% over the past three years, crushing the S&P 500's 77% gain.The company is scheduled to report fiscal 2026 fourth-quarter earnings (for the period ended Jan. 30) on Feb. 19. Should you buy the stock now? America's favorite retailerWalmart has 4,600 stores throughout ...