Amazon is a mega-cap company recycling its torrent of cashflows back into a generational opportunity to cement its place at the top of the AI mountain. ...

Core Viewpoint - Big Tech companies have experienced a significant decline in market capitalization, losing over $1 trillion due to concerns over AI spending and capital expenditures [1]. Group 1: Market Performance - Microsoft, Nvidia, Oracle, Meta, Amazon, and Alphabet all saw their shares decline in the week leading up to Thursday's market close, driven by fears surrounding AI spending [1]. - Amazon's shares fell by 7% in premarket trading on Friday, while Alphabet decreased by 0.7%, and Meta remained largely unchanged; Oracle, Nvidia, and Microsoft saw slight increases in the low single-digit percentages [2]. Group 2: Capital Expenditure Plans - Big Tech companies announced plans to invest $660 billion into AI this year, a figure that exceeds the GDP of several countries, including the United Arab Emirates, Singapore, and Israel [2]. Group 3: Industry Sentiment and Volatility - Companies developing hardware for AI are expected to face ongoing volatility as market sentiment shifts, with concerns about capital expenditures related to large language model (LLM) build-outs and the potential for over-expansion of capacity [3]. - Investment director Paul Markham highlighted that questions regarding the extent of capital expenditures and the eventual return on investment will persist in the industry [3].

By Anna Szymanski Feb 6 - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! The week began with a selloff in some of the world’s oldest sources of value, gold and silver, and has ended with investors reevaluating what businesses will have any value at all in the AI-driven future. This week’s so-called 'software-mageddon' is on track to erase roughly $1 trillion of market capitalization from the S&P 500 softwa ...

Group 1 - The Bitcoin market continues to experience a downturn, indicating ongoing volatility in the cryptocurrency sector [1] - One initial public offering (IPO) has been paused, while three others are proceeding, reflecting mixed sentiments in the IPO market [1] - Hims & Hers has introduced a generic version of the Wegovy pill, which may impact the pharmaceutical industry and weight loss market [1]

亚马逊方面表示，这一成绩的背后，是其在全球智能供应链网络搭建、人工智能深度应用、创新科技如 Prime Air无人机配送等前沿技术领域的持续创新，为亚马逊卖家尤其是跨境卖家开辟了触达全球优质消 费者的高效通道。 在中国，2025年底，亚马逊发布了"下一代跨境链(Next Generation Global Selling)"，并宣布全球首个亚 马逊全球智能枢纽仓(GWD)落户深圳，2026年3月将全面开放。卖家只需将商品在货源地仓库入库，即 可在亚马逊站点上架销售，通过亚马逊全球物流(AGL)进行跨境运输无缝衔接亚马逊物流(FBA)网络， 逐步实现"一个库存池供货全世界"。 记者从亚马逊获悉，2025年亚马逊全球超过130亿件商品实现当日达或次日达，其付费订阅服务Prime会 员配送速度再次刷新纪录。其中，亚马逊美国站超过80亿件商品实现当日达或次日达，相比去年增加超 过30%。欧洲四国英国、德国、法国、西班牙站点超过24亿件商品实现当日达或次日达，新兴站点如巴 西、中东、澳大利亚等实现快速配送的商品同样增长迅速。 据介绍，2025年，中国卖家通过亚马逊全球站点售出数十亿件商品，新上线选品数量较去年同期增长近 ...

Group 1 - The company's payments to the U.S. government were reduced due to breaks for investment and research [1]

“The latest labor figures reiterate that the U.S. jobs market is not firing on all cylinders, a risk the Fed and investors will have to take seriously should further deterioration occur,” said Bret Kenwell at eToro. “Volatility could persist, particularly if near-term uncertainty increases.”A Labor Department report released on Thursday showed that the U.S. JOLTs job openings unexpectedly fell to a 5-1/4-year low of 6.542 million in December, weaker than expectations of 7.200 million. Also, the number of Am ...

21世纪经济报道记者董静怡 美东时间2月5日盘后，亚马逊发布了2025年第四季度财报。 其中，两个关键数字引人关注：核心云业务AWS营收同比增长24%，创下十三个季度以来最快增速；同时，公司宣布将在2026年投入约2000亿 美元用于资本支出，较2025年约1310亿美元的资本支出大幅跃升。 消息公布后，公司盘后股价应声下跌超过11%。 资本市场用脚投票的背后，是投资者对短期利润与长期投入之间平衡的疑虑。亚马逊首席执行官安迪.贾西(Andy Jassy)在财报电话会议上花了 大量时间解释这笔开支的必要性，强调AI带来的需求是真实的、巨大的。 "我们持续看到，新增的AI产能一经部署，就能迅速实现货币化。"安迪.贾西表示，"我们有信心这些投资将产生强劲的投资资本回报率。" 这考验着投资者对亚马逊长期战略的耐心。过去，亚马逊曾通过大规模投资物流网络和云基础设施建立起竞争壁垒，现在，它希望用同样的方 式赢得AI时代。不同的是，这次竞争更激烈，投入更集中，而回报周期可能更长。 AWS增长强劲 整体来看，亚马逊最新季度的财报还算亮眼。 2025年第四季度，亚马逊实现营收2134亿美元，同比增长14%，高于市场预期的211 ...

U.S. equity markets are navigating a complex landscape this Friday, February 6th, 2026, marked by lingering concerns from a tech-led sell-off and cautious premarket activity. Investors are closely watching corporate earnings, particularly the fallout from Amazon's latest report, while anticipating key economic data and Federal Reserve commentary.Premarket Trading and Futures MovementsPremarket trading on Friday presented a mixed picture, following a significant downturn in the previous session. Early Friday ...

作者 Ahan Vashi ，内容为转载编译，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。 尽管营收超出市场预期，亚马逊在发布 2025 年第四季度财报后，股价应声下挫约 8%。每股 收益小幅不及预期，叠加 2026 年惊人的资本开支指引，显然让投资者纷纷避险离场： · 2025 年 Q4 净销售额： 2134 亿美元 （同比 + 14%，市场预期 2112.3 亿美元） 诚然，AWS 同比增速回升至 24%，但亚马逊 2026 年第一季度业绩展望仅勉强符合市场预 期： · 摊薄后每股收益： 1.95 美元 （同比 + 5%，市场预期 1.96 美元） 从业务板块来看，亚马逊云业务增长持续提速：AWS 季度营收 356 亿美元，同比大涨 24%；广告业务营收 213 亿美元，同比增长 22%；零售业务则实现高个位数稳健增长。 | AMAZON.COM, INC. | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | Supplemental Financial Information and Busi ...