Alibaba's "AI Super Box" is here, can it disrupt search? Intel welcomes a Chinese CEO to take the helm | Today's important news review

0313 ｜ Dolphin Research Key Focus:

🐬 Macro/Industry

1. The U.S. February CPI fell across the board, with year-on-year growth slowing to 2.8%, and core CPI growth at 3.1%, the lowest in four years. This data somewhat alleviated concerns about stagflation, boosting market sentiment. After two days of significant declines, U.S. stocks finally rebounded, with the Nasdaq Composite Index closing up 1.22%.

2. Reports indicate that the Hong Kong Stock Exchange is exploring plans to lower the threshold for investors to purchase certain high-priced stocks in Hong Kong to stimulate trading. Currently, there are 37 stocks listed on the Hong Kong main market with prices exceeding HKD 100 per share. Lowering the threshold could help stimulate short-term stock performance.

🐬 Individual Stocks

1. $Intel(INTC.US)

After a series of upheavals, Intel welcomes a new CEO: Lip Bu Tan has been officially appointed as the next Chief Executive Officer, effective March 18. Lip Bu Tan has extensive investment and management experience in the semiconductor industry in the Chinese market, including serving as a board member of Semiconductor Manufacturing International Corporation (SMIC). He stated that under his leadership, Intel will become a company focused on engineering. Following this announcement, Intel's stock surged over 10% in after-hours trading. Dolphin Research's latest commentary on Intel can be found in “How is Intel's 'Rescue Plan' unfolding?”

2. $Alibaba(BABA.US)

Alibaba announced the launch of its AI flagship application—New Quark. New Quark is based on Alibaba's Tongyi leading reasoning and multimodal large model, fully upgraded to a boundaryless "AI super box," revolutionizing our past conventional "search" by completing tasks through commands given to AI. According to the CEO of Quark, this upgraded version is merely a prototype of the new Quark. In the future, the latest achievements of the Tongyi series models will be integrated into Quark in real-time.

3. $Alphabet(GOOGL.US)Google's DeepMind has released a new AI model called Gemini Robotics and Gemini Robotics-ER. It aims to complete complex real-world tasks by leveraging the reasoning capabilities of large language models, helping robots adapt to complex environments.

🐬 Leading Sectors

Shanghai and Shenzhen: Various utilities, coal and consumable dyes, diversified chemicals;

Hong Kong Stocks: Insurance brokerage firms, silver, road freight;

U.S. Stocks: Automobile manufacturers, semiconductor manufacturers, heavy electrical equipment.

🐬 Tomorrow's Focus

1. Initial value of the U.S. one-year inflation rate expectation.

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