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``` SoftBank spends $40 billion on bridge loans to bet on OpenAI; the loan structure itself may reveal Wall Street’s judgment of the AI giant’s IPO timeline. SoftBank Group announced Friday that it has secured a $40 billion bridge loan to support its investment commitment in OpenAI and for

``` Author | Zhou Zhiyu BYD changed its strategy in 2025. Over the past four years, the company's profits soared from 3 billion to 40.3 billion, maintaining high growth for four consecutive years. Its gross margin climbed from 12% to 19%, and its cash on hand has always exceeded

``` Macroeconomic research has always been a field that investors both "love and hate". Those who subscribe to it believe that understanding macro trends is essential to grasping the main thread of an era. In capital markets, truly significant opportunities often stem from correctly judging the direction of the

The energy shock triggered by the Iran war is pushing global financial markets into a rare, synchronized multi-asset meltdown. Stocks, bonds, and gold all declined simultaneously in March—the traditional defensive tools of investment portfolios have almost completely failed, and investors are facing the most severe safe haven dilemma in

``` The current energy crisis has been characterized by the International Energy Agency as the most severe threat to energy security in history, surpassing the combined magnitude of the two oil shocks of the 1970s. Fatih Birol, Director of the International Energy Agency, stated this month that the oil supply lost

``` The ongoing U.S.-Iran conflict continues to drag on market sentiment, with the S&P 500 Index falling for five consecutive weeks, and Trump's "verbal easing" is losing its effectiveness. On Friday Eastern Time, all three major U.S. stock indices closed lower. The

``` As global crude oil prices continue to rise due to ongoing geopolitical conflicts and US stock markets fall consecutively, US Treasury yields unexpectedly retreated from their highs on Friday, breaking the recent pattern of rising synchronously with oil prices. This highlights that market pricing logic is undergoing a change. On