{"id":620242,"date":"2026-02-11T22:26:27","date_gmt":"2026-02-12T06:26:27","guid":{"rendered":"https:\/\/nai500.com\/?p=620242"},"modified":"2026-02-11T22:26:27","modified_gmt":"2026-02-12T06:26:27","slug":"%e8%8f%af%e7%88%be%e8%a1%97%e5%a4%a7%e8%a1%8c%e9%bd%8a%e5%94%b1%e7%a9%ba%ef%bc%8c%e7%a7%91%e6%8a%80%e8%82%a1%e5%8d%bb%e7%a9%a9%e5%a6%82%e7%8b%97%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/02\/%e8%8f%af%e7%88%be%e8%a1%97%e5%a4%a7%e8%a1%8c%e9%bd%8a%e5%94%b1%e7%a9%ba%ef%bc%8c%e7%a7%91%e6%8a%80%e8%82%a1%e5%8d%bb%e7%a9%a9%e5%a6%82%e7%8b%97%ef%bc%9f\/","title":{"rendered":"\u83ef\u723e\u8857\u5927\u884c\u9f4a\u5531\u7a7a\uff0c\u79d1\u6280\u80a1\u537b\u201c\u7a69\u5982\u72d7\u201d\uff1f"},"content":{"rendered":"

2025\u5e7411\u67084\u65e5\uff0c\u4e00\u5834\u91d1\u878d\u5cf0\u6703\u8b93\u6574\u500b\u83ef\u723e\u8857\u5c4f\u4f4f\u4e86\u547c\u5438\u3002\u9ad8\u76dbCEO David Solomon\u548c\u6469\u6839\u58eb\u4e39\u5229CEO Ted Pick\u540c\u6642\u767c\u51fa\u8b66\u544a\uff1a\u5e02\u5834\u8a72\u201c\u4fee\u6b63\u201d\u4e86\u3002Solomon\u8aaa\u672a\u4f86\u4e00\u5169\u5e74\u53ef\u80fd\u8dcc10%\u523020%\uff0cPick\u5247\u66f4\u201c\u6eab\u548c\u201d\u2014\u201410%\u523015%\u7684\u4e0b\u8dcc\u662f\u5065\u5eb7\u7684\u3002<\/p>\n

\u8a71\u97f3\u672a\u843d\uff0c\u4e09\u5927\u6307\u6578\u61c9\u8072\u8df3\u6c34\uff0c\u7d0d\u6307\u4e00\u5929\u8dcc\u63892%\u3002\u6050\u614c\u60c5\u7dd2\u8513\u5ef6\uff0c\u5206\u6790\u5e2b\u5011\u958b\u59cb\u62ff\u8457\u653e\u5927\u93e1\u7ffb\u95b1\u79d1\u6280\u5de8\u982d\u7684\u8ca1\u5831\uff0c\u4eff\u4f5b\u96a8\u6642\u90fd\u80fd\u63ea\u51fa\u4f30\u503c\u904e\u9ad8\u7684\u8b49\u64da\u3002<\/p>\n

\u4e09\u500b\u6708\u904e\u53bb\u4e86\u3002\u9810\u60f3\u4e2d\u7684\u66b4\u8dcc\u4f86\u4e86\u55ce\uff1f<\/p>\n

\u7d0d\u6307\u5f9e<\/strong>23349<\/strong>\u9ede\u8dcc\u5230<\/strong>23031<\/strong>\u9ede\uff0c\u8dcc\u5e45<\/strong>1.4%<\/strong>\u3002<\/strong><\/p>\n

\u8aaa\u597d\u7684\u4fee\u6b63\u5462\uff1f\u4e5f\u6c92\u4f86\u3002<\/p>\n

\u79d1\u6280\u80a1\u7684\u65e5\u5b50\u4e26\u4e0d\u597d\u904e\uff0c\u4f46\u4e0d\u662f\u56e0\u70ba\u5d29\u76e4<\/h2>\n

\u9019\u4e09\u500b\u6708\uff0c\u83ef\u723e\u8857\u5c0d\u79d1\u6280\u80a1\u7684\u614b\u5ea6\u53ef\u4ee5\u7528\u56db\u500b\u5b57\u5f62\u5bb9\uff1a\u56b4\u82db\u81f3\u6975\u3002<\/p>\n

\u5fae\u8edf\uff08MSFT\uff09<\/a>\u767c\u4f48\u8ca1\u5831\uff0c\u5229\u6f64\u540c\u6bd4\u66b4\u589e60%\uff0c\u96f2\u670d\u52d9\u589e\u957739%\u2014\u2014\u7d50\u679c\u80a1\u50f9\u8dcc\u4e8610%\uff0c\u56e0\u70ba\u5206\u6790\u5e2b\u89ba\u5f97\u201c39%\u4e0d\u5920\u5feb\u201d\u3002\u4e9e\u99ac\u905c\uff08AMZN\uff09<\/a>\u6bcf\u80a1\u6536\u76ca\u6bd4\u9810\u671f\u5dee2\u7f8e\u5206\uff0c\u80a1\u50f9\u76f4\u63a5\u88ab\u780d8%\u3002\u82f1\u5049\u9054\uff08NVDA\uff09<\/a>\u66f4\u51a4\uff1a\u53bb\u5e748\u6708\uff0c\u6578\u64da\u4e2d\u5fc3\u6536\u5165\u6bd4\u5206\u6790\u5e2b\u9810\u671f\u4f4e\u4e862\u5104\u7f8e\u5143\u2014\u2014\u6ce8\u610f\uff0c\u662f\u9810\u671f413\u5104\uff0c\u5be6\u969b411\u5104\uff0c0.5%\u7684\u7f3a\u53e3\u2014\u2014\u80a1\u50f9\u7576\u5929\u8dcc5%\u3002<\/p>\n

\u9023\u76c8\u5229\u8d85\u9810\u671f\u7684\u516c\u53f8\u90fd\u6328\u6253\uff0cMeta\uff08META\uff09\u537b\u9760\u4e00\u4efd\u201c\u8a0e\u4eba\u559c\u6b61\u201d\u7684\u8ca1\u5831\u6f32\u4e86\u4e00\u6ce2\u3002\u53ef\u898b\u83ef\u723e\u8857\u4e0d\u662f\u7121\u5dee\u5225\u6383\u5c04\uff0c\u800c\u662f\u628a\u79d1\u6280\u80a1\u653e\u5728\u89c0\u5bdf\u671f\u88e1\uff0c\u7a0d\u6709\u9583\u5931\u5c31\u6263\u5206\u3002<\/p>\n

\u9019\u662f\u6ce1\u6cab\u55ce\uff1f\u6070\u6070\u76f8\u53cd<\/h2>\n

\u771f\u6b63\u6709\u610f\u601d\u7684\u662f\uff1a\u7576\u76c8\u5229\u589e\u9577\uff0c\u80a1\u50f9\u537b\u4e0d\u6f32\uff0c\u5e02\u76c8\u7387\u5c31\u6703\u4e0b\u4f86\u3002\u7d0d\u65af\u9054\u514b\u6210\u5206\u80a1\u7684\u5e73\u5747PE\u5df2\u5f9e\u4e00\u5e74\u524d\u768434\u500d\u56de\u843d\u523027.45\u500d\u3002FactSet\u6578\u64da\u986f\u793a\uff0c\u5df2\u62ab\u9732Q4\u8ca1\u5831\u7684\u4fe1\u606f\u6280\u8853\u516c\u53f8\u88e1\uff0c95%\u696d\u7e3e\u8d85\u9810\u671f\u3002<\/p>\n

\u653e\u5728\u6ce1\u6cab\u5e74\u4ee3\uff0c\u9019\u7a2e\u6210\u7e3e\u55ae\u8db3\u4ee5\u8b93\u80a1\u50f9\u98db\u4e0a\u5929\u3002\u4f46\u73fe\u5728\u7684\u83ef\u723e\u8857\uff0c\u5c0d\u4efb\u4f55\u5931\u671b\u90fd\u96f6\u5bb9\u5fcd\u3002\u9019\u4e0d\u662f\u6ce1\u6cab\u7684\u72c2\u6b61\uff0c\u800c\u662f\u53cd\u6ce1\u6cab\u7684\u5be9\u614e\u3002<\/p>\n

\u5169\u4f4dCEO\u7684\u9810\u8a00\u672a\u5fc5\u843d\u7a7a\u2014\u201410%\u7d1a\u5225\u7684\u4fee\u6b63\u6b77\u53f2\u4e0a\u5e73\u5747\u6bcf\u5e74\u4e00\u6b21\uff0c20%\u7d1a\u5225\u7684\u6bcf\u4e09\u5230\u4e94\u5e74\u4e00\u6b21\u3002\u4f46\u81f3\u5c11\u9019\u4e09\u500b\u6708\uff0c\u79d1\u6280\u80a1\u7528\u539f\u5730\u8e0f\u6b65\u7684\u80a1\u50f9\u548c\u7a69\u6b65\u589e\u9577\u7684\u76c8\u5229\uff0c\u7d66\u81ea\u5df1\u722d\u4f86\u4e86\u4e00\u53e5\u8a55\u8a9e\uff1a<\/p>\n

\u6c92\u90a3\u9ebc\u8cb4\u4e86\u3002<\/strong><\/p>\n

\u4e09\u500b\u6708\u7684\u5e73\u975c\uff0c\u6703\u4e0d\u6703\u662f\u8cb7\u5165\u7a97\u53e3\uff1f<\/h2>\n

\u6b77\u53f2\u6578\u64da\u64fa\u5728\u90a3\u88e1\uff1aCEO\u5011\u8aaa\u201c\u4e00\u5169\u5e74\u5167\u201d\uff0c\u6642\u9593\u7a97\u53e3\u9084\u5f88\u9577\u3002\u4f46\u773c\u4e0b\uff0c\u79d1\u6280\u80a1\u4e00\u908a\u4ea4\u4f5c\u696d\uff0c\u4e00\u908a\u6328\u6279\u8a55\uff0c\u4f30\u503c\u537b\u5728\u6084\u6084\u4fee\u5fa9\u3002\u5f88\u591a\u4eba\u5728\u7b49\u90a3\u500b10%\u7684\u5751\u3002\u4f46\u5982\u679c\u5751\u4e00\u76f4\u6c92\u4f86\uff0c\u80a1\u50f9\u537b\u958b\u59cb\u52d5\u5462\uff1f\u5230\u6642\u5019\u56de\u982d\u770b\uff0c\u9019\u4e09\u500b\u6708\u4e5f\u8a31\u4e0d\u662f\u4ec0\u9ebc\u201c\u5d29\u76e4\u524d\u591c\u201d\uff0c\u800c\u662f\u5c11\u6709\u4eba\u6562\u4f38\u624b\u7684\u90a3\u6247\u9580\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

2025\u5e7411\u67084\u65e5\uff0c\u4e00\u5834\u91d1\u878d\u5cf0\u6703\u8b93\u6574\u500b\u83ef\u723e\u8857\u5c4f\u4f4f\u4e86\u547c\u5438\u3002\u9ad8\u76dbCEO David Solomon\u548c\u6469\u6839\u58eb\u4e39\u5229C […]<\/p>\n","protected":false},"author":27,"featured_media":551026,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431],"tags":[2416,1677,2138,2233],"class_list":["post-620242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","tag-u-s-stocks-zh-hant","tag-technology-zh-hant","tag-2138","tag-2233","sectors-technology-zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant","exchange-nyse-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/620242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=620242"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/620242\/revisions"}],"predecessor-version":[{"id":620245,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/620242\/revisions\/620245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/551026"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=620242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=620242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=620242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}