[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcioadafeadc":3},{"user":4,"document":8,"mainDocument":26,"columnUrl":29,"subscription":30,"footer":42,"text":77},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":22,"videoId":6,"liveVideoUrl":6,"duration":23,"price":23,"priceText":24,"priceBadgeText":24,"priceBadgeClass":25,"freeForMinGroupLevel":23,"redirectUrl":6,"readyToStream":5},"dcioadafeadc","跨越百年的AI豪赌！28岁的Alphabet(GOOGL)千亿世纪债获10倍认购，策略师警示“颠覆者”地位难保百年","\u002Fdoc\u002Fdcioadafeadc","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp> \u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">美股投资网获悉，Fundstrat 经济策略师哈迪卡·辛格的说法，Alphabet (GOOGL)决定通过发行 1000 亿美元的百年债券(Century Bond)来为其人工智能资本支出筹集资金，这代表了对一项仅诞生三年的技术进行的“巨大赌注”。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">此次债券发行获得了 10 倍的超额认购，但这引发了外界将其与历史上其他发行百年债的公司的对比，而那些公司最终大多面临了巨大挑战或彻底失败。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">辛格指出 Alphabet 的举动与历史上的百年债发行者形成了鲜明对比。“谷歌本身只有 28 年的历史……而谷歌正通过这笔 1000 亿美元的债券发行，在这项技术上押下巨注，”她说道，并补充称，以往发行百年债的通常是历史更悠久、更稳固的公司，她将其描述为“那个时代的‘婴儿潮’企业(老牌企业)”。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">辛格列举了公司史上的前车之鉴来阐述其中涉及的风险。杰西潘尼(JCPenney)在 20 世纪 90 年代末发行了 100 年期债券，结果在 23 年后便宣告破产，让债权人血本无归。通用汽车(GM)在长期债务方面也有过一段痛苦的经历。这引发了人们的质疑此类债券的发行究竟标志着一种商业模式处于巅峰，还是预示着它正蓄势增长。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">辛格认为，核心问题在于 Alphabet 能否在如此漫长的时间跨度内维持其统治地位。“我认为问题关键在于，作为一家公司，你是否能不断颠覆自己所在的领域并实现自我重构？因为(100 年)确实是一个非常漫长的时间，”她解释道。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">尽管存在这些担忧，但该债券发行所展现出的惊人需求表明，投资者并未放弃大科技公司。辛格承认，虽然这些公司可能已经失去了那种“邪教般(崇高)的地位”，但超额认购证明了市场对其回报能力的持续信心。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">考虑到大型科技公司在主要指数中所占的巨大比例，这对更广泛的市场具有重要影响。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">辛格质疑，如果这些主要参与者(特别是在她所谓的“软件股困境”中)无法反弹，市场是否还能继续推向历史新高。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">对于寻求高凸性的保险公司和对冲基金等长期债券持有者而言，此次债券发行的最终成功，完全取决于 Alphabet 在未来几代人中能否保持其颠覆者的地位。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">最专业的美股资讯推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理千万级股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":78,"search":79,"searchPlaceholder":79,"hotContent":80,"draft":81,"noData":82,"searchNoData":83,"edit":84,"editVideo":85,"courseContent":86,"more":87,"buyNow":88,"subscribeNow":89,"encoding":90,"paidContent":91},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]