亚马逊公司正式超越沃尔玛，成为全球营收最高的企业。过去十余年蝉联营收榜首的沃尔玛2月19日公 布，截至1月31日的12个月销售额为7132亿美元。而以12月为财年截止月的亚马逊本月早些时候公布的 2025年销售额达7170亿美元。 ...

来源：滚动播报 亚马逊正式超越沃尔玛百货，成为全球营收最高的公司。沃尔玛曾连续十多年蝉联营收最高的公司，该 公司周四公布截至1月31日的12个月销售额为7132亿美元。而亚马逊本月早些时候公布了2025年的销售 额为7170亿美元。 ...

When you don't know what to pay for a stock you tend to sell it. Right now, we have people selling technology shares left and right because they are unsure of what they own and what it might be worth. They are looking at the incredible shrinking price-to-earnings ratio — the "multiple" — and they are saying get me out of here. I see it. And not just in tech. What do we pay for Danaher when it buys a company , Masimo, that we have long since disliked, ever since its litigation with Apple over patent infringe ...

*内容仅为呈现不同市场观点与研究视角，并不意味着本公众号对文中观点结论认可。 过去的一年，生成式人工智能（Generative AI）不仅是科技圈的热点，更几乎定义了全球资本市场的主 线叙事。在这场席卷全球的智能化浪潮中，英伟达凭借 GPU 的算力垄断成为了"卖水人"中的王者，微 软通过绑定 OpenAI 将 Copilot 植入办公场景的每一个角落，谷歌则依托其深厚的技术积淀试图重塑搜 索与生态。这三家公司成为了聚光灯下的绝对主角，股价屡创新高，估值逻辑被彻底重构。 然而，在这喧嚣的 AI 盛宴中，另一家同样深度嵌入 AI 基础设施、数据、应用和商业化闭环的巨头， 却在相当长一段时间里显得异常"安静"——那就是 Amazon。尽管亚马逊拥有全球最大的云计算平台 AWS 和最庞大的电商零售网络，但在二级市场的 AI 交易逻辑中，它似乎成了一个被遗忘的角落。其股 价表现虽然稳健，却远未享受到如同英伟达或微软那样的估值溢价。 正是在这样的背景下，摩根士丹利（Morgan Stanley）近期给出了一份略显"反共识"的研报。维持亚马 逊"增持"评级，目标价看至 300 美元，并明确指出——AWS 与零售业务，正在被 ...

Meta Platforms - Meta Platforms owns the three most popular social media platforms: Facebook, Instagram, and WhatsApp, providing valuable consumer behavior insights for precise ad targeting, making it the second-largest adtech company globally [4] - The company has heavily invested in artificial intelligence (AI), developing machine learning models for content retrieval and ad optimization, as well as custom chips for training these models [5] - In the fourth quarter, Meta reported a 24% increase in revenue to $59.9 billion, driven by more engaging content and increased ad impressions, although net income grew only 11% to $8.88 per diluted share due to aggressive AI spending [6] - Wall Street estimates a 19% annual earnings growth over the next three years, making the current valuation of 27 times earnings appear reasonable, suggesting long-term investors may consider buying [8] Amazon - Amazon operates the largest e-commerce marketplace in North America and Western Europe, is the largest retail advertiser globally, and has the largest public cloud service, Amazon Web Services (AWS) [9] - The company is investing aggressively in AI, developing generative AI applications to enhance margins across its retail business and introducing new products and services in AWS [10][11] - Despite a 12% stock decline since announcing fourth-quarter earnings, driven by a planned $200 billion capital expenditure in 2026 (up 56% from 2025), AWS sales accelerated to the fastest pace in 13 quarters, with operating margin increasing by 1.5 percentage points excluding one-time charges [12] - Wall Street expects Amazon's earnings to grow at 17% annually over the next three years, making the current valuation of 29 times earnings attractive, indicating that buying shares may be a wise decision for long-term investors [13][14]

Sen. Elizabeth Warren (D-Mass.) criticized the enormous tax break of $7.8 billion that Amazon.com Inc. (NASDAQ:AMZN) and its founder, Jeff Bezos, received last year under the new tax law implemented by President Donald Trump.According to Warren’s post on X on Wednesday, the tax relief Amazon enjoyed in 2025 is equivalent to the median U.S. household income for 100,000 years, approximately $78,000.The Senator’s post highlights her ongoing criticism of corporate tax breaks, emphasizing the need for a country ...

Core Insights - The launch of the world's first commercial mobile service on 5G Core SaaS by Citymesh, powered by Nokia and AWS, signifies a transformative shift in telecommunications network deployment and scalability [2][6][8] SaaS Model Benefits - The software-as-a-service model allows telecommunications providers to reduce upfront capital investment and operational complexity, enabling flexible, subscription-based services [3][9] - It offers catalog-based service creation, on-demand network capabilities, and rapid feature deployment with predictable cost control through subscription pricing [3][9] Citymesh's Implementation - Citymesh utilizes Nokia's Core SaaS for Business on AWS's global cloud infrastructure to serve various sectors, including enterprises, airports, hospitals, and transportation [4][6] - The solution enables Citymesh to create customized service plans without extensive telecommunications engineering or ongoing integration work [4][6] Scalability and Security - The AWS global cloud infrastructure provides scalability to manage unpredictable demand spikes without requiring upfront infrastructure investments [5][9] - The platform ensures telecommunications-grade availability and meets stringent security requirements [5][9] Industry Impact - The introduction of telecom SaaS represents a paradigm shift in the telecommunications industry, allowing providers to subscribe to services as needed and scale their operations with demand [8][9] - This collaboration between Citymesh, Nokia, and AWS demonstrates how cloud-native infrastructure can simplify advanced connectivity for telecommunications providers [8][9]

Core Insights - The launch of the world's first commercial mobile service on 5G Core SaaS by Citymesh, powered by Nokia and AWS, signifies a transformative shift in telecommunications network deployment and scalability [2][6][8] SaaS Model Benefits - The software-as-a-service model allows telecommunications providers to reduce upfront capital investment and operational complexity, enabling flexible, subscription-based services [3][9] - It offers catalog-based service creation, on-demand network capabilities, and rapid feature deployment with predictable cost control through subscription pricing [3][9] Citymesh's Implementation - Citymesh utilizes Nokia's Core SaaS for Business on AWS's global cloud infrastructure to serve various sectors, including enterprises, airports, hospitals, and transportation [4][6] - The solution enables Citymesh to create customized service plans without extensive telecommunications engineering or ongoing integration work [4][6] Scalability and Security - The AWS global cloud infrastructure provides scalability to manage unpredictable demand spikes without requiring upfront infrastructure investments [5][9] - The platform ensures telecommunications-grade availability and meets stringent security requirements [5][9] Industry Impact - The introduction of telecom SaaS represents a paradigm shift in the telecommunications industry, allowing providers to subscribe to services as needed and scale their operations with demand [8][9] - This collaboration between Citymesh, Nokia, and AWS demonstrates how cloud-native infrastructure can simplify advanced connectivity for telecommunications providers [8][9]

Market Analysis by covering: Cadence Design Systems Inc, Amazon.com Inc, Arista Networks, Vertiv Holdings Co. Read 's Market Analysis on Investing.com ...

Core Insights - Quantum computing is approaching a significant breakthrough, with expectations for commercial viability by the end of the decade, particularly in data centers [3][4][10] - Major players like Microsoft, Google, and Amazon are heavily investing in quantum technology, with Microsoft recently unveiling its Majorana 1 quantum computing chip [6][8] - Governments are also increasing investments, with China leading at nearly $18 billion, followed by the EU, indicating a global push towards quantum technology [8] Industry Developments - The implementation of quantum systems is projected between 2028 and 2032, with some analysts suggesting significant advancements as early as 2027 [9][10] - Quantum computers could solve complex problems much faster than classical supercomputers, with potential to perform calculations in 200 seconds that would take conventional machines 10,000 years [11] - Quantum technology may reduce energy demands in data centers, potentially requiring only a fraction of the energy currently used [12][14] Integration Challenges - The integration of quantum systems into existing data center environments will require new infrastructure and industry standards [21][22] - There is a shortage of skilled talent to effectively implement quantum technology in data centers, which could hinder progress [22] - The transition to quantum computing will not completely displace classical computing but will create a hybrid environment where both technologies coexist [18][19] Market Activity - There has been a surge in mergers and acquisitions aimed at enhancing quantum capabilities and controlling supply chains, indicating a strategic positioning within the quantum space [24] - Investment in data center infrastructure is deemed essential for supporting technological advancements over the next decade [23]