Core Insights - Amazon and Alibaba are the two largest players in e-commerce and cloud computing, both investing heavily in AI and cloud infrastructure, making a comparison relevant for investors [1] Group 1: Amazon (AMZN) Overview - Amazon's Q4 2025 results showed net sales of $213.4 billion, a 14% year-over-year increase, driven by strong performance in North America, International, and AWS [2] - AWS reported a 24% revenue growth, its fastest in 13 quarters, with an annualized run rate of approximately $142 billion and a backlog of $244 billion, indicating strong demand [3] - Amazon's capital expenditures for 2026 are projected at $200 billion, primarily for AWS and AI infrastructure, reflecting confidence in long-term returns [4] Group 2: Alibaba (BABA) Overview - Alibaba's Q2 fiscal 2026 revenues reached RMB 247.8 billion, a modest 5% year-over-year increase, while non-GAAP diluted earnings fell 71% due to heavy investments [5] - The Cloud Intelligence Group achieved 34% revenue growth, with AI-related products showing triple-digit gains for nine consecutive quarters, but faces challenges from U.S. chip export restrictions [6] - Alibaba's quick commerce business grew revenues by 60%, but incurred significant losses, leading to a RMB 21.8 billion free cash flow outflow [8] Group 3: Valuation and Performance Comparison - Alibaba's stock increased by 28.3% over the last six months, outperforming Amazon's 14.1% decline, but this is attributed to recovery rather than fundamental strength [10] - Alibaba's price-to-sales ratio is 2.29x, significantly lower than Amazon's 2.61x, reflecting Amazon's superior market position and predictable cash flows [14] - Amazon's premium valuation is justified by its stronger growth prospects, lower regulatory risks, and better forward guidance compared to Alibaba [17]

Good Tuesday morning and welcome to opening bid live from Yahoo Finance's New York City headquarters. I'm Yao Fines executive editor Brian Sazi. It's always a little tricky the day after holiday for investors.You don't know if the same narrative that drove stocks preh holiday will hold into the new week. For example, last week everyone still hated software stocks. But will this week uh bring out the bottom fissurers in these obliterated names.Who knows. But the continued weakness in shares of AI King Nvidia ...

Core Viewpoint - Amazon's stock is experiencing significant volatility, with a potential tenth consecutive day of losses, raising concerns among investors about its future performance and spending strategies, particularly in artificial intelligence [1][2]. Group 1: Stock Performance - Amazon shares have lost approximately 18% of their value since February 2, resulting in a market valuation decrease of about $450 billion [2]. - The current nine-day decline is the worst streak for Amazon since 2006, and if the stock closes in the red, it will tie the company's longest record of daily losses from 1997 [1]. Group 2: Investor Sentiment - The recent selling pressure on Amazon's stock is linked to the company's fourth-quarter earnings report, which has led investors to question the effectiveness of its artificial intelligence spending plans [2].

Core Insights - AWS generated $128 billion in revenue for Amazon in the last year, contributing 56% of Amazon's $80 billion operating income, while Amazon's e-commerce business grew at 8% compared to AWS's 20% growth [1] - AWS holds a 29% market share in the cloud computing sector, with Microsoft Azure at 23% [1] - Valuation estimates suggest AWS could be worth between $2.6 trillion and $5.4 trillion, depending on its classification as an AI pure-play [1] - Amazon's e-commerce business could be valued at approximately $2.4 trillion based on revenue-to-market-capitalization ratios [1] - The combined valuation of AWS and Amazon's e-commerce business could exceed $5 trillion, surpassing Nvidia's market capitalization [1] - There is a growing argument for separating AWS and Amazon into distinct public companies due to their diverging business models and financial metrics [1]

责任编辑：张俊 SF065 潘兴广场资本管理公司的比尔·阿克曼 （Bill Ackman） 大量建仓亚马逊 （AMZN） 和Meta （META） 股票。他给出的理由是人工智能驱动利润率扩张以及广告业务表现出色。华尔街暗示，这两只股票未来 12个月有可观的上涨空间。 潘兴广场资本管理公司的比尔·阿克曼 （Bill Ackman） 大量建仓亚马逊 （AMZN） 和Meta （META） 股票。他给出的理由是人工智能驱动利润率扩张以及广告业务表现出色。华尔街暗示，这两只股票未来 12个月有可观的上涨空间。 责任编辑：张俊 SF065 ...

Group 1 - The focus is on growth and dividend income as a strategy for retirement planning [1] - The portfolio is structured to generate monthly dividend income that grows through reinvestment and annual increases [1] Group 2 - The article expresses personal opinions and is not intended as investment advice [2] - It emphasizes the importance of conducting personal research before making investment decisions [2]

Core Insights - Amazon.com, Inc. (AMZN) has experienced a significant decline, with shares falling for nine consecutive sessions, marking one of the longest losing streaks in nearly two decades [1][4][7] - The decline is part of a broader trend affecting large-cap tech stocks, particularly in the tech-heavy Nasdaq, as investors reassess valuations and growth expectations related to the artificial intelligence (AI) sector [2][3][7] Company Performance - Since February 2, 2023, AMZN's stock has dropped 18.2%, underperforming its sub-industry, which has decreased by 15.9%, and peers such as Alibaba Group Holding Limited (BABA) and 1stdibs.Com, Inc. (DIBS), which fell by 7.5% and 3.3%, respectively [6][7] - Amazon's cloud division plays a crucial role in AI development, making the stock particularly sensitive to shifts in investor sentiment regarding AI-related investments [3][5] Market Sentiment - The current downturn reflects a broader macroeconomic and sector-driven sentiment shift rather than specific issues within Amazon, highlighting the volatility that can occur in richly valued market segments [4][5] - As risk appetite diminishes, traders are reducing their positions in major technology companies, including Amazon, indicating a cautious approach to high-growth stocks [2][3]

Group 1: Apple’s Capital Expenditure Strategy - Apple Inc. is significantly reducing its capital expenditure, cutting it by 19% year-over-year to $2.37 billion, while other major tech companies are collectively committing around $700 billion in capex over the next year [1][2] - Apple's full-year capital expenditure was $12.72 billion, which is less than what Amazon plans to spend in a single quarter [2] - CEO Tim Cook emphasized a prudent and deliberate approach to expenditure, relying on on-device processing and "private cloud compute" to avoid the massive server costs that burden its rivals [4] Group 2: Market Reactions and Predictions - The market is beginning to question the aggressive spending strategies of other tech giants, as seen with Amazon's $200 billion capex guidance leading to an 8% stock drop, and Alphabet's plans causing a 6% decline [3] - Prediction markets indicate skepticism regarding Apple's restrained spending strategy, with Apple valued at just 14 cents in a market predicting the largest company by the end of December 2026, compared to Nvidia at 44 cents and Alphabet at 33 cents [5] - Despite speculation about a leadership change, traders give Tim Cook a 69% chance of remaining CEO through 2027, suggesting that a reversal in strategy is unlikely [6]

美国银行2月份的全球基金经理调查显示，购买黄金连续第二个月成为最拥挤的交易。调查中50%的基 金经理表示，2月份"做多黄金"是最拥挤的交易，该比例低于1月份调查时的51%。与此同时，20%的基 金经理表示，购买美国最大的科技股——英伟达、Alphabet、苹果公司、亚马逊、微软、Meta和特斯拉 ——是最拥挤的交易。 责任编辑：钟离 财经频道更多独家策划、专家专栏，免费查阅>> ...

格隆汇2月17日｜据PitchBook数据，新年刚过去不到两个月， Alphabet、亚马逊、Meta、微软、甲骨文 这五大头部云服务商已在美国发行450亿美元债券，接近2025年全年发行量的近一半。 这一规模超过了 2011年以来它们任何一整年的发债额。 ...