Market Overview - U.S. stock futures are indicating a potential rebound after a significant tech-led sell-off, with Nasdaq 100 futures up 0.35%, S&P 500 futures rising 0.29%, and Dow Jones Industrial Average futures edging up 0.09% [2] - The S&P 500 fell 84.32 points (1.2%) to 6,798.40, the Dow Jones Industrial Average declined 592.58 points (1.2%) to 48,908.72, and the Nasdaq Composite lost 363.993 points (1.59%) to end at 22,904.579 on February 5th [3] - The main U.S. stock market index, the US500, has risen to 6846 points, gaining 0.70% from the previous session [4] Corporate Earnings and Performance - Major companies reporting earnings include Biogen, Philip Morris, Toyota Motors, and Under Armour, which will provide insights into corporate performance and economic health [6] - Amazon shares plunged over 11% after missing earnings expectations and issuing a capital expenditure guidance of $200 billion for 2026, leading to a drop of 8% in premarket trading [8] - Alphabet's stock fell as much as 5% due to concerns over its projected 2026 AI spending forecast of $175-$185 billion, which is roughly double the investment made in 2025, despite beating estimates on revenue and earnings per share [9] Notable Stock Movements - Apple has emerged as a "surprise winner" amidst the tech sell-off, with shares up 6% and a market capitalization of $4.06 trillion [13] - Microsoft experienced a significant market value wipeout with its stock falling as much as 12% intraday but is currently showing a slight gain of 0.72% [13] - Nvidia's stock is participating in the premarket recovery, up 3.4%, as it remains a central player in the AI revolution [13] - Tesla's shares fell below $400 for the first time this year, down over 11% in 2026, despite plans to expand its robotaxi service and mass-produce humanoid robots [13] - Newell Brands saw its stock sink 12% after issuing soft fiscal 2026 first-quarter guidance, projecting a wider loss per share and a larger sales drop than expected [13] Market Sentiment and Economic Indicators - Investors are closely watching premarket activity and digesting corporate earnings alongside a postponed key economic report on nonfarm payrolls, which adds uncertainty to the market [1][5] - Current projections suggest an 81.3% likelihood of the Federal Reserve leaving interest rates unchanged in March [5] - The ongoing narrative around AI investments and their perceived returns continues to shape investor sentiment across the tech landscape [10]

根据亚马逊当天公布的最新财报，截至2025年12月31日的这一季度，净销售额达到2134亿美元、同比增 长14%，超出市场预期。其中云计算服务平台销售额增长24%，达到356亿美元，创13个季度以来最快 增速，但云计算服务平台盈利能力并未继续扩张，当季营业利润率为35%，低于上年同期。 一段时间以来，美国科技巨头争相投入巨额资金兴建人工智能基础设施。根据目前公布的财报，今年亚 马逊、微软、谷歌和Meta总计资本支出将超过5000亿美元。不过华尔街也发出明确信号，只有在带来 切实商业回报的前提下，当前的支出水平才会获得投资者的持续支持。谷歌4日盘后公布的财报显示， 2026年资本支出为1750亿美元到1850亿美元之间，较2025年近乎翻倍，其母公司字母表股价一度重挫 7.5%。此前，微软在1月28日盘后公布的财报显示，尽管其云业务增速高于预期，但仍远落后于资本支 出速度，公司股票遭到投资者抛售，股价一度下跌6.6%。 （央视财经《天下财经》）当地时间5日美股盘后，美国亚马逊公司公布2025年第四季度财报，尽管当 季销售业绩强劲，但今年大额资本支出押注AI领域的势头超过其他科技巨头，引发投资者担忧，公司 股价美 ...

Core Insights - Amazon (AMZN) shares fell approximately 10% in after-hours trading following mixed Q4 results and an increased capital expenditure outlook for 2026 [1] - The company reported earnings per share of $1.95, slightly below the Zacks Consensus Estimate of $1.98, while revenues of $213.39 billion exceeded expectations of $211.46 billion, with earnings growing 4.8% year over year and revenues increasing 13.6% [1] Business Segments Performance - Amazon Web Services (AWS) generated $35.58 billion in revenues, a 24% year-over-year increase, surpassing expectations of $34.93 billion [2] - The advertising segment contributed $21.32 billion, up 23% year over year, also exceeding forecasts [2] AWS Growth - AWS revenue growth of 24% year over year outperformed projections of 21.4%, marking the fastest growth in 13 quarters [3] - The backlog for AWS revenue reached $244 billion, a 40% year-over-year increase [3] Competitive Landscape - Despite strong growth in AWS, competition remains intense, with Microsoft Azure reporting 39% growth and Google Cloud revenue increasing about 48% [4] Capital Expenditure Guidance - Amazon plans to increase capital expenditures to approximately $200 billion in 2026, significantly above analyst estimates of $146.6 billion and higher than the $131 billion spent in 2025 [5] - The investment will focus on AI-related initiatives, including data centers, custom chips, robotics, and low-earth-orbit satellite projects, primarily directed toward AWS [6] Investor Sentiment - Investors are skeptical about the large capital expenditure announcement, concerned about the timeline for substantial returns on AI investments [7] Future Outlook - Amazon anticipates first-quarter sales between $173.5 billion and $178.5 billion, indicating growth of 11% to 15%, compared to the Zacks Consensus Estimate of about $175.47 billion [8] Valuation Metrics - Amazon shares are trading at a Price/Earnings (P/E) multiple of 32.91X, compared to the S&P 500 P/E of 28.996X, and a Price/Book multiple of 6.74X versus 5.44X for the S&P 500 [9] Stock Performance - Over the past year, Amazon's stock has declined 6.8%, underperforming the S&P 500's 11.8% gains [11] Investment Strategies - Analysts suggest that Amazon could benefit from maintaining its relationship with AI start-up Anthropic, which may drive revenue through its API business [12] - Investors are encouraged to consider Amazon stock through exchange-traded funds (ETFs) such as ProShares Online Retail ETF (ONLN) and others [15]

Group 1 - Alphabet announced a capital expenditure of $175 billion to $185 billion for 2026, which was followed by Amazon revealing a significantly higher capital expenditure of $200 billion for the same year, exceeding Wall Street's expectation of $150 billion [1] - Amazon's CEO Andy Jassy emphasized strong demand for existing products and highlighted "pioneering opportunities" in AI, semiconductors, robotics, and low Earth orbit satellites, despite investor concerns over high capital spending [1] - Amazon's stock fell over 8% in pre-market trading following the announcement, indicating investor apprehension regarding the high capital expenditure [1] Group 2 - Marvell Technology is identified as a potential beneficiary of Amazon's capital spending, as it produces Trainium processors for the company [1] - AT&T is expected to benefit from a partnership with Amazon, utilizing Amazon's low Earth orbit satellite internet services to provide stable network connections in signal blind spots across the U.S. [2] - Nvidia and AMD are also potential beneficiaries due to their established partnerships with Amazon, supplying chip products to meet the computing needs in cloud computing and AI [2]

Market Overview - Global markets experienced a decline due to concerns over the disruptive effects of AI and the substantial investments required, leading to significant sell-offs in U.S. stocks, which further spread globally [1][2] - The S&P 500 index futures rose by 0.52%, while the Dow and Nasdaq futures increased by 0.60% and 0.51% respectively, after initially dropping over 1.6% [1] - The MSCI All Country World Index is expected to record its worst weekly performance since mid-November, with a weekly decline of approximately 1.6% [1] AI Spending Concerns - Amazon announced a capital expenditure plan of $200 billion for AI infrastructure, significantly exceeding Wall Street expectations, which caused market shockwaves [2][15] - The combined expected AI spending from Amazon, Microsoft, Google, and Meta is around $600 billion this year, raising concerns about the costs associated with the AI boom [2][15] Market Sentiment and Reactions - The S&P 500 Software and Services Index fell by 4.6%, with a total market value loss of about $1 trillion since January 28, leading to the term "software-mageddon" being used to describe the sell-off [3][16] - There is a notable market rotation occurring, with the Nasdaq underperforming compared to the S&P 500 and traditional consumer staples stocks gaining traction [3][16] Cryptocurrency and Commodities - Bitcoin rebounded by 3.9% after experiencing its worst single-day performance since June 2022, stabilizing around $65,000 [2][19] - Gold and silver prices have been volatile, with gold futures expected to rise by 3% this week, while silver dropped by 4.1% to $73.56, with expectations of a cumulative decline of over 6% for the week [19][20] Economic Indicators - Initial jobless claims in the U.S. surged, further dampening market sentiment, and U.S. Treasury yields fell to a three-week low [17] - The market is increasingly betting on a potential interest rate cut by the Federal Reserve, with the probability of a 25 basis point cut rising to 20.7% for the March meeting [5][18]

Market Overview - The market is experiencing a retracement bounce after an aggressive sell-off in recent days, with S&P minis up nearly 0.5%, Nasdaq 100 futures higher by over 0.5%, and small cap futures up 1.25% [1][2]. - The S&P 500 closed at the 100-day moving average, which historically leads to a bounce back the following day [3][4]. - An increase in open interest in E-mini S&P 500 futures indicates new sellers entering the market, suggesting a correction phase [5]. Sector Performance - There is notable weakness in technology stocks, particularly software names, while consumer staples and industrials are showing strength [6][7]. - The "Mag seven" tech stocks, including Microsoft, are underperforming, with concerns about their spending levels impacting stock performance [7][9]. Amazon's Earnings Report - Amazon reported adjusted earnings per share of $1.95, slightly missing expectations of $1.96, but revenue exceeded expectations at $213.3 billion compared to the anticipated $211.4 billion [10][11]. - AWS revenue also surpassed expectations, coming in at $35.58 billion, while advertising revenue exceeded forecasts [11]. - Amazon's capital expenditure (CapEx) is projected to be around $200 billion for 2026, significantly higher than the expected $146.6 billion, raising concerns about future growth and cash flow [12][13]. Reddit's Earnings Report - Reddit's adjusted earnings per share for Q4 came in at $1.24, beating expectations of $1.94, and revenue reached $726 million, also exceeding forecasts [23][24]. - The company is seeing strong growth in daily active users, particularly internationally, and guidance for future revenue and earnings has surpassed expectations [24][25]. - Reddit's partnerships with major companies like Google for AI training are expected to provide long-term business benefits [25][26]. Cryptocurrency Market - Bitcoin is showing signs of recovery, defending a key support level, with a potential close above $68,000 indicating a healthy market condition [16][17]. - There is a noted correlation between Bitcoin and the tech sector, particularly software stocks, although Bitcoin is increasingly trading independently of broader equity markets [20][21].

Amazon.com, Inc. ( AMZN ) is one of my top long-term picks. I previously rated this company as a Strong Buy, and only two other stocks get the same rating from me. I really likeI write about stocks I’m personally interested in adding to my portfolio. I’m not a professional advisor, but I study business and economics and analyze markets full-time. My writing is meant for both complete beginners — I avoid unnecessary complexity — and advanced readers, as I always aim to offer a distinct and well-reasoned pers ...

Core Viewpoint - Amazon.com, Inc. (AMZN) is identified as a top long-term investment pick, previously rated as a Strong Buy, alongside only two other stocks receiving the same rating [1]. Group 1 - The company is favored for potential portfolio addition, indicating strong personal interest from the analyst [1]. - The analysis is designed to cater to both beginners and advanced readers, emphasizing clarity and well-reasoned perspectives [1]. - The analyst operates a YouTube channel named "The Market Monkeys," where stock analyses are shared [1].

分组1 - Stellantis expects a $26 billion hit from a business overhaul, leading to a more than 25% drop in its U.S.-listed shares [1] - The company's stock has already decreased over 12% at the start of 2026 [1] 分组2 - Bob's Discount Furniture had its IPO priced at $17 per share, valuing the company at $2.22 billion [8] - The IPO comes at a time when traditional IPOs raised $33.6 billion in 2025, marking the best year since 2021 [8] 分组3 - Peloton shares fell more than 25% due to weak quarterly earnings and demand [9] - Estée Lauder's stock dropped over 19% after announcing a $100 million hit to full-year profitability due to tariffs [9]

Group 1: Alphabet (Google) - The European Commission has launched an antitrust investigation into Alphabet's Google regarding its use of online content from publishers and YouTube in the AI business [1][11] - Google was fined €2.95 billion (approximately $3.46 billion) by the European Commission on September 5 for anti-competitive behavior in its advertising technology business [1][11] - In September 2024, Google appealed against a €1.49 billion antitrust fine related to hindering competition in online search advertising and won the case [1][11] - Google lost an appeal against a €2.42 billion fine for unfairly benefiting from its own comparison shopping service [1][11] - The UK antitrust regulator preliminarily found Google abusing its dominant position in digital advertising in September 2024 [1][11] - France's competition authority fined Google €25 million for alleged violations of EU intellectual property regulations in March 2024 [1][11] Group 2: Amazon - The German Federal Cartel Office has prohibited Amazon from setting price caps for online retailers on its German e-commerce platform and has reclaimed millions of euros from the company for anti-competitive behavior [2][12] - In November 2024, the EU General Court upheld the classification of Amazon as a platform strictly regulated under EU online content regulations [2][12] Group 3: Apple - Italy's competition authority fined Apple and its subsidiaries €98.6 million in December 2024 for allegedly abusing its dominant position in the mobile app market [4][13] - In October 2025, civil rights organizations filed complaints against Apple regarding its App Store and device-related terms with EU antitrust regulators [4][13] - The UK Competition and Markets Authority recognized Apple and Google as having "strategic market positions" and gained the authority to require specific remedies from both companies [4][13] - Apple was fined €500 million under the Digital Markets Act in April 2025, while Meta was fined €200 million [4][14] - Apple lost an appeal against a German regulatory assessment that would impose stricter controls on the company [4][14] - Apple lost an appeal against an EU directive requiring it to repay €13 billion in taxes to Ireland [4][14] - Apple agreed to open its contactless mobile payment system to competitors to resolve an EU antitrust investigation [4][14] - Brussels fined Apple €1.84 billion in March 2024 for suppressing competition in the music streaming sector [5][15] Group 4: Meta - The European Commission initiated an antitrust investigation into Meta's WhatsApp AI features in December 2024 [7][16] - Meta was fined €797.72 million in November 2024 for abusing its market position to support Facebook Marketplace [7][16] - The company was accused of violating the Digital Markets Act with its new "pay or agree" advertising model in July 2024 [7][16] Group 5: Microsoft - The European Commission accused Microsoft of illegally bundling its Teams chat video application with its Office software in June 2024 [8][17] Group 6: TikTok - The EU tech regulator accused TikTok of violating online content regulations due to addictive features and may require product design changes [9][18] - Preliminary investigation results in October 2025 indicated that TikTok and Meta violated obligations under the Digital Services Act by not providing sufficient public data access to researchers [9][18] - TikTok was accused in May 2025 of failing to comply with the Digital Services Act regarding the publication of an advertising library and facilitating user identification of fraudulent ads, but made concessions to enhance transparency to avoid fines [9][18] Group 7: X (formerly Twitter) - French police raided the offices of X, owned by Elon Musk, as part of an expanding investigation [10][19] - The European Commission announced an investigation into X's Grok chatbot for potentially spreading illegal content in January 2026 [10][20] - In December 2025, X was fined €120 million for violating online content regulations, marking the first penalty since the implementation of the Digital Services Act [10][20]