AI的故事，正在从"软件吞噬世界"，演变为"硬件被世界卡住"。 在极度撕裂的美国政治环境中，能让极左翼参议员伯尼·桑德斯（Bernie Sanders）和极右翼州长罗恩·德桑蒂斯（Ron DeSantis）站在同一阵线的 议题几乎不存在——除了"遏制数据中心"。 这不仅是华盛顿的政治奇观，更是华尔街面临的冷酷"物理修正"。当硅谷巨头们挥舞着比"阿波罗登月计划"还要昂贵的支票簿，试图通过堆砌 算力延续AI繁荣时，他们撞上了由政治和物理电网极限共同筑就的高墙。 纽约州立法者也已经提出法案，计划对新建数据中心的建设和运营许可实施至少三年的暂停。纽约至少是第六个考虑暂停新数据中心建设的 州。 总之，从佛罗里达州的社区抗议，到德克萨斯州电网的监管急刹车，一个被市场忽视的风险正在急剧升温：如果物理电网接不上、政治环境不 答应，那原本计入估值模型的数千亿美元资本开支，可能根本"花不出去"。 当桑德斯与德桑蒂斯"合谋" 桑德斯和德桑蒂斯在绝大多数议题上势同水火，但在数据中心激增的问题上，他们达成了罕见的共识：必须踩下刹车。 这种跨党派"联合"的敌意，源于美国民众对"AI副作用"的切肤之痛。全美各地，数据中心24小时不间断的低 ...

完整早报音频，请点击标题下方小耳机收听 【 Open AI 首 款硬件命名曝光，有望今年发售】 博主 @ 智慧皮卡丘 2 月 7 日在 X 平台发布推文，透露 OpenAI 的首款硬件名为 Dime （直译为 10 美分），是一款类似苹果 AirPods 的耳机产品。在发展战略方面，消息源透露 OpenAI 搁置此前爆料的激进方案，该公司原本计划打造一款"类手机"架构的革命性设备，其内部堆料豪华，不仅 拥有独立的算力，物料成本（ BOM ）甚至媲美智能手机。而 OpenAI 目前倾向于"先易后难"，优先开发一款功能 相对单一、更接近传统形态的 AI 音频耳机。促成这一战略急转弯的核心原因，在于居高不下的硬件成本。爆料指 出，当前存储芯片供应短缺，导致组件价格飙升，导致打造一款"高算力耳机"的成本变得难以取得合理商业回报。 （网易） 【泡泡玛特王宁： LABUBU 去年全球销量超 1 亿只】 2 月 6 日晚，泡泡玛特创始人王宁在其公司年会上披露， 2025 年泡泡玛特全球员工伙伴超 1 万人、注册会员超 1 亿人、 LABUBU 全年销量超 1 亿只、全品类全 IP 产品 销量超 4 亿只，业务覆盖超 100 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 软件股抛售潮，余波未了！ 据最新消息，随着科技股与软件股遭遇猛烈抛售，做空者近期斩获的浮盈已高达240亿美元（约1660亿 元人民币）。 S3 Partners着重提到了几只被空头持续做空的软件类股票，包括微软、亚马逊、甲骨文、博通等。该机 构表示，在上述科技股中，微软尤为引人注目，因为在其股价持续走低之际，空头对其的操作策略发生 了明显转变。"以往，微软走势更像反转股，跌势中空头会选择回补平仓；如今却表现得像一只受情绪 驱动的问题股，空头趁弱势反而加码押注。"S3 Partners写道。 尽管近期人工智能题材备受质疑，但S3 Partners认为当前的普遍看空情绪主要集中在软件板块。追踪纳 斯达克100指数的景顺QQQ ETF以及"美股七巨头"（Magnificent 7）整体的空头兴趣并未明显增加。 不过，S3 Partners强调，对冲基金仍在加大对大型科技股的空头布局，即便其中不少龙头企业股价已大 幅回调。该机构表示："空头仓位蔓延迹象明显，微软今年空头兴趣跃升20%，甲骨文增长10%，博通 和亚马逊的空头兴趣分别上升了15%和 ...

Core Viewpoint - Amazon reported a strong fourth-quarter revenue of $213.39 billion, exceeding Wall Street expectations, but shares fell sharply due to concerns over significant future capital expenditures [2][3]. Financial Performance - Fourth-quarter net sales reached $213.39 billion, marking a 14% year-over-year increase and surpassing the expected $211.30 billion [2]. - The company guided first-quarter revenue to a range of $173.5 billion to $178.5 billion, aligning with consensus estimates [2]. Capital Expenditure Plans - CEO Andy Jassy announced plans for Amazon to invest approximately $200 billion in capital expenditures by 2026, focusing on artificial intelligence infrastructure, custom chips, robotics, and satellite networks [3]. - Projected capital expenditure growth for 2026 is estimated at 54%, a significant increase from previous expectations [4][5]. Market Reaction - Following the announcement, Amazon's stock closed down 4.42% at $222.69 and fell an additional 11.20% to $197.75 in after-hours trading [3]. - Analysts, including Gene Munster from Deepwater Asset Management, suggested that the market's negative reaction overlooks the long-term benefits of increased capital expenditures [4]. Analyst Perspectives - Jim Cramer from CNBC acknowledged the near-term stock pressure but defended the rationale behind Amazon's spending, indicating that the investments can be justified [6][7].

Price changes are beginning to appear across Amazon's marketplace. Shoppers are "starting to see more of that impact" as tariff-related costs begin to show up in prices, Amazon (NASDAQ:AMZN) CEO Andy Jassy told CNBC last month at the World Economic Forum in Davos, Switzerland. "This year, people are thinking about lots of things, but top of mind for many of us, including one of the world's largest retailers, is pricing pressure on consumers amid the Trump administration's tariff agenda," he said. Don't ...

Core Viewpoint - Amazon.com, Inc. (NASDAQ:AMZN) has experienced a significant decline in its stock price, down 15% over the past year and 10.8% year-to-date, following the announcement of a $200 billion capital expenditure plan [2]. Group 1: Stock Performance - Amazon's shares fell sharply after the announcement of its capital expenditure plan [2]. - The stock has not performed well in recent quarters, with comments indicating that it "hasn't done anything" in terms of stock movement [3]. Group 2: Analyst Ratings and Price Targets - UBS raised its price target for Amazon from $310 to $311 while maintaining a Buy rating, citing that the current share price does not reflect the potential for Amazon Web Services (AWS) revenue to double by 2028 [2]. - Stifel also increased its price target for Amazon from $295 to $300 and kept a Buy rating, highlighting the strong performance of Amazon's advertising business and the eCommerce sector's success in Q4 2025 [2]. Group 3: Investment Perspective - While acknowledging Amazon's potential as an investment, some analysts believe that certain AI stocks may offer better returns with lower risk [4].

然而，多家行业巨头近期密集发布的裁员公告，与上述官方数据的趋势形成了明显反差。除UPS和亚马逊外，陶氏化学等知名企业也宣布了大幅裁员计划。 此外，根据《工人调整与再培训通知法》，今年一月美国已有超过一百家企业向劳工部提交了大规模裁员通知。 尽管市场的调查数据存在波动性，且与官 方统计并非完全同步，但它通常被视为洞察企业招聘与裁员意愿的早期风向标。布米普特拉北京投资基金分析师认为，官方就业数据存在一定的滞后性，大 规模裁员计划对美国就业市场的实质性影响，可能需要一至两个季度才会在官方统计数据中完全显现。当前企业端释放的强烈收缩信号，无疑为今年美国就 业市场的走向蒙上了一层阴影。 全球职业咨询机构Challenger， Gray & Christmas最新发布的报告显示，今年一月美国雇主宣布的裁员计划人数升至十点八万人以上，这一数字较去年同期激 增超过一倍，环比更是大幅上升百分之二百零五，创下自二零零九年全球金融危机以来历年一月份的最高纪录。彼时，美国经济正深陷大萧条后最严重衰退 的尾声。 与裁员潮形成鲜明对比的是，企业招聘意向降至冰点。当月美国雇主公布的新增岗位仅约五千三百个，同样创下该机构自二零零九年开始追踪 ...

Retail investors talked up five hot stocks this week (Feb. 2 to Feb. 6) on X and Reddit's r/WallStreetBets, driven by retail hype, earnings, AI buzz, and corporate news flow.StrategyMost retail investors were mocking MSTR’s decline after the BTC sell-off and it earnings.The stock had a 52-week range of $104.16 to $457.22, trading around $105 to $107 per share, as of the publication of this article. It fell 67.13% over the year and declined by 72.10% over the last six months.MSTR had a weaker price trend in ...

Retail investors talked up five hot stocks this week (Feb. 2 to Feb. 6) on X and Reddit's r/WallStreetBets, driven by retail hype, earnings, AI buzz, and corporate news flow.StrategyMost retail investors were mocking MSTR’s decline after the BTC sell-off and it earnings.The stock had a 52-week range of $104.16 to $457.22, trading around $105 to $107 per share, as of the publication of this article. It fell 67.13% over the year and declined by 72.10% over the last six months.MSTR had a weaker price trend in ...

Core Insights - Cipher Mining is transitioning from primarily crypto mining to securing long-term contracts with tech giants for AI data centers, with Amazon being a significant customer through a 15-year lease worth $5.5 billion [1] Group 1: AI and Tech Contracts - Cipher Mining is expected to win more contracts as it brings additional gigawatts online, currently holding a 3.4 gigawatt pipeline that remains largely unallocated [2] - The Amazon deal illustrates that Cipher Mining can secure contracts without immediate energy delivery, with part of the 300 megawatts promised to Amazon expected by July 2026 [9] Group 2: Crypto Mining Operations - Cipher Mining's crypto mining revenue has nearly tripled year-over-year to $71.7 million, although the segment remains unprofitable with a reduced operating loss of $37.6 million compared to $91.4 million in the same quarter last year [4] - The company holds $170 million in Bitcoin, providing direct exposure to Bitcoin price movements, unlike other miners who sell their mined Bitcoin immediately [5] Group 3: Expansion and Infrastructure - Cipher Mining has acquired a 200 megawatt site in Ohio, expanding its geographical footprint and increasing its total pipeline to 3.4 gigawatts across eight sites [7] - This expansion allows Cipher Mining to build its energy pipeline more rapidly while already having sufficient gigawatts to support future tech deals [8]