{ "schema": "researchos.hundred_days.day.v1", "date": "2026-04-25", "dayNumber": 4, "status": "recorded", "headline": "2026-04-25 · 公开研究已归档", "summary": "公开数据层尚未记录可展示的研究结果。", "dominantTopic": { "id": "research-system", "labelZh": "综合研究", "labelEn": "Integrated research", "color": "yellow" }, "activityScore": 67, "metrics": { "reports": 0, "researchThreads": 18, "researchNotes": 180, "thesisEvents": 0, "personaEvents": 0, "readerMemos": 0, "recaps": 0, "deepResearch": 0 }, "reports": [], "discussions": [ { "title": "2026 Q1 海外超大规模云厂商 AI Capex 消化周期评估", "question": "在 Q1 2026 业绩窗口期前夕，哪些先行指标和管理层口径已经在指向 hyperscaler AI capex 的'再加速'或'消化'，从中国与美国资产配置应如何相应调整？", "status": "completed", "analyst": "TMT行业分析师", "noteCount": 10, "href": "/investor/console/#operations" }, { "title": "2026 超大规模云厂商 AI 资本开支超级周期：拐点已至，还是刚刚开始？ 分析师：tmt analyst（TMT 行业分析师） 关联任务：chip s...", "question": "Use fresh search to choose one concrete, timely research topic inside Innovative drugs, CXO, medical devices, procurement 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