News

Glonghui, February 18th｜According to information disclosed by the U.S. Securities and Exchange Commission, investors such as Tiger Global Management and Adage Capital Partners reduced their holdings in some major artificial intelligence companies in the fourth quarter of 2025, including Nvidia and Amazon. Some major investors are increasingly concerned that the valuations of the "Magnificent Seven" (including Meta and Microsoft) have become too high, and that their massive spending on artificial intelligence technology will not bring sufficient returns. These quarterly 13-F filings provide insight into how these investors are reacting. In the fourth quarter, Tiger Global reduced its Microsoft holdings from 6.5 million shares as of September 30, 2025, to 5.47 million shares. However, the hedge fund remains one of Microsoft's largest investors, with holdings valued at $2.6 billion. Tiger also made a smaller reduction in its Amazon holdings, decreasing by 9.35%. By the end of 2025, Tiger held 10 million shares of Amazon, valued at $2.3 billion. Tiger also reduced its position in Nvidia, now valued at $2.1 billion. Adage Capital disclosed that it made small reductions—between 1% and 3%—in its holdings of Microsoft, Alphabet, Amazon, and Nvidia. However, Adage increased its stake in Oracle (another company involved in the artificial intelligence sector) by about 19%, reaching 1.87 million shares, valued at approximately $365 million.

Glonghui, February 18｜Netflix Co-CEO Ted Sarandos stated that generative AI will assist creators, including accelerating production timelines, rather than harming their employment prospects. Appearing on a program, he said: “AI tools have the potential to greatly enhance creators’ ability to tell compelling stories.” He pointed out, “The likelihood of this happening is much greater than the possibility of creators being replaced by these tools.” However, he noted that a large amount of “shoddy AI-generated work” may not become popular. He expects that consumers will favor the combination of AI and intellectual property. He said: “People will flock to high-quality content.”

Glonghui, February 18th｜Australia's S&P/ASX200 index opened up by 43.40 points, an increase of 0.48%, at 9002.30 points.