熊出没之夺宝熊兵

Imran demands end to 'reign of robbers' in Sindh_我的网站

一 |     Karachi, Oct 14 (UNI) In a veiled dig at Sindh's ruling party PPP, PTI Chairman Imran Khan said on Friday that the reign of "dacoits" in the province should come to an end.

Khan's remarks came during his visit to Karachi as he rallies his party workers for the anti-government "Azadi March", for which the date is yet to be announced. In a recent gathering, the PTI chairman told his workers to be ready as he could give the call for the march "at any time".

In his address today, the PTI chairman said that in the next general elections, his party would form governments in Sindh and the Centre.

"Sindh's resources are stolen, and they are siphoned out of the country," the PTI chairman said.

Khan urged Karachi's youth to come forward and partake in politics as political movements in the early days would begin from the metropolis, Geo news reports.

"Had there not been violence in Karachi, it would have progressed more than Dubai," Khan said as he vowed that now, things would change for the port city as "no power" could stop his party from getting its mayor elected in the upcoming local body elections.

"After the local body elections, we will also emerge successful in the general elections," he said.

The PTI chairman also said that the incumbent government, which came into power through a "foreign conspiracy", would not remain in office for long. "My nation has stood up for its future."

He said that lawyers understand the need for upholding the law and that is why they should support his cause.

UNI GNK。    　　美东时间周二（25日），摩根士丹利在一份报告中首次对英伟达进行信用评级，并给予中性评价。报告认为，这家芯片制造商利用其资产负债表为更广泛的人工智能生态系统提供资金的做法，引入了传统指标无法捕捉到的风险。　　大摩科技行业信用研究分析师Lindsay Tyler写道：“我们对英伟达的信用评级持中性态度，因为其超常增长将资产负债表实力转化为一项战略性人工智能融资工具，同时也带来了新的风险。”　　她还补充说，目前情况“仍处于早期阶段，不透明，而且规模庞大，不宜介入”。　　大摩表示，英伟达正通过与价值超过5000亿美元的合作关系相关的剩余价值结构、空壳剩余价值担保以及收入分成和信贷支持模式，更加有意识地提供支持。　　英伟达最近宣布了与六家金融巨头的合作关系，这些合作旨在为人工智能基础设施筹集超过5000亿美元的资金。

二 | 英伟达将在其中扮演合作牵头方，而非出资方的角色。实际上就是利用其自身较高的信用评级，帮助控制客户的融资成本。　　因此，摩根士丹利表示，传统的杠杆衡量越来越低估了信贷状况，因为生态系统支持是以或有、合同和潜在的表外形式存在的。　　该行预计，到2028年底，所有信贷风险敞口将达到2000亿美元，其中包括与这些机制相关的约1700亿美元的调整和或有义务。　　即使以更广泛的标准来衡量，这些指标依然成立。摩根士丹利计算得出，杠杆率约为0.4倍，股东回报后的自由现金流超过债务的100%；在增长停滞的情况下，杠杆率和自由现金流分别约为0.7倍和15%。　　该行表示，利差补偿在最近扩大后有所改善，但建议保持耐心，并指出超过1万亿美元的GPU和XPU相关融资是主要不确定因素。　　美东时间周三（8月26日）美股盘后，英伟达将公布2027财年第二季度财报。当然，也有人对英伟达的这种做法持乐观态度。　　Cantor Fitzgerald高级董事总经理兼科技行业分析师CJ Muse表示，英伟达的股权和收入分成安排，其与领先的金融公司合作筹集5000亿美元用于人工智能基础设施的计划，以及为人工智能初创公司提供计算能力以换取股权的交易，已经将其图形处理单元（GPU）“变成了一种可融资、越来越可替代的资产类别”。　　在他看来，这使得英伟达即使在技术堆栈的任何层面上输给了竞争对手，也能“很难被排挤出局”，因为“英伟达的资金和软件往往是超大规模数据中心基础设施得以存在的根本原因”。　　东财图解·加点干货（文章来源：财联社）。

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