1 科技巨头高歌猛进 AI从概念走向变现 来源：市场资讯 （来源：好买财富） 美国上市公司二季度财报季逐步接近尾声，超过92%的标普500指数成份股企业都已经交上了自己的答 卷。这份成绩单堪称自2021年三季度以来最为亮眼的一次，创造了"业绩超预期频率"的历史级表现。 高盛最新数据显示，美股企业营收与利润均实现显著增长，利润同比增幅达到12%，远超分析师在7月 预估的5%。然而，在这份整体向好的财报背后，不同行业和公司之间呈现出明显的结构性分化。 那么，这份成绩单背后，哪些行业成了"增长引擎"？又有哪些领域仍陷困境？美股企业的韧性究竟从何 而来？科技板块是否仍具备配置价值？随着财报季接近尾声，我们不妨揭开这份"惊喜答卷"的全貌。 本季度最引人注目的当属科技"七巨头"的强势表现，本轮增长中约三分之二集中于通信服务和信息技术 两大板块，科技巨头成为拉动整体业绩的核心引擎。 Meta交出了令人瞩目的成绩单：AI技术驱动营收同比增长22%，净利润大幅增长36%。其营业利润率也 从38%跃升至43%，证明AI技术正在实质性地提升企业运营效率。 微软同样表现亮眼：智能云营收同比增25.62%，AI应用和货币化发力，成为了 ...

1、 Wind统计显示，截至8月30日， A股已有5424家上市公司披露2025年半年报。上半年营收总计34.99万亿元，同比增长0.02%；归母净利润总计2.99万 亿元，同比增长2.45%。 其中4178家实现盈利（占比77%），2908家归母净利润同比增长（54%），661家增幅超100%。 2、国家发改委召开新闻发布会表示，完善民营企业参与国家重大项目建设长效机制，对铁路、核电、油气管道等领域重大项目设定民间投资参股比例的 最低要求； 平稳有序实施消费品以旧换新政策，做好政策接续，加快首发经济、数字消费、"人工智能+消费"等领域政策出台和实施。 3、 阿里巴巴发布2026财年一季度财报显示，该季度实现营收2476.52亿元，同比增长2%，剔除已出售业务影响，集团整体收入同比增长10%。报告期 内，集团净利润为423.82亿元，同比增长76%，超市场预期。 由于对AI+云、消费两大战略领域的投入持续收获成效，核心业务收入增长保持强劲。阿里 云收入同比增长26%，创三年新高，AI相关产品收入已连续8个季度实现三位数同比增长。 1、国务院总理李强主持召开国务院常务会议， 研究在全国部分地区实施要素市场化配置 ...

目前，美股总市值排名前十的个股分别为英伟达、微软、苹果、谷歌C、谷歌A、亚马逊、META、博 通、台积电及伯克希尔A。(格隆汇) 格隆汇8月30日｜美股8月收官，三大指数集体收跌，纳指跌1.15%，8月累涨1.58%；标普500指数跌 0.64%，8月累涨1.91%；道指跌0.2%，8月累涨3.2%。其中，标普500指数、道指连涨4月，纳指连涨5 月。纳斯达克中国金龙指数涨1.55%，8月累涨6.03%。 热门科技股中，8月份，苹果累涨11.96%，谷歌A累涨10.95%，谷歌C累涨10.72%，特斯拉累涨8.3%， 博通累涨1.26%；甲骨文则累跌10.89%，微软累跌4.88%，台积电累跌4.45%，META累跌4.49%，英伟 达累跌2.07%，亚马逊累跌2.18%。 ...

Meta CEO 扎克伯格前几个月打响了公司二十年史上从未有过的大手笔AI人才争夺战，却意外遇挫，笑 到最后的可能是被挖角的OpenAI。 美东时间29日周五，据媒体报道，Meta新聘的首席AI科学家赵晟佳曾经威胁要离开，一度签署了重返 老东家OpenAI的雇佣文件，这一事件凸显了Meta在AI转型和高管洗牌过程中面临的内部动荡。 自今年夏天启动大规模招聘以来，Meta已投入九位数的签约奖金从OpenAI、苹果等竞争对手挖角AI研 究员。但本周稍早的媒体报道显示，Meta仅成立两个月的AI部门超级智能实验室（Meta Superintelligence Labs）已开始出现人才流失，至少8名员工离职，其中包括刚入职几周的新员工和工作 多年的资深员工。 这场混乱正值Meta试图在AI竞赛中追赶OpenAI和谷歌之际。公司预计今年将投入660亿至720亿美元用 于数据中心建设和AI人才招聘，但频繁的组织架构调整和新老员工之间的紧张关系，正对实现"超级智 能"目标构成挑战。 Meta本月宣布将AI部门重组为四个独立团队，这是六个月内第四次重大调整。投资者密切关注这家科 技巨头能否有效整合重金挖来的外部人才，并在激烈 ...

Key Takeaways NVIDIA, Meta and Amazon are highlighted as momentum stocks under the Driehaus approach.The strategy favors stocks with rising prices, strong earnings growth and solid projections. AAII uses 50-day averages, relative strength, and earnings surprises to refine stock selection. Richard Driehaus has secured a spot on Barron’s All-Century Team through a strategy that employs the “buy high and sell higher" theory. It’s clearly a successful investment method that can be used to select top momentum st ...

Meta Platforms CEO Mark Zuckerberg departs after attending a Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram, at U.S. District Court in Washington, D.C., U.S., April 15, 2025.Meta on Friday said it is making temporary changes to its artificial intelligence chatbot policies related to teenagers as lawmakers voice concerns about safety and inappropriate conversations.The social media giant is now training its ...

Since the start of 2025, one group of stocks has outperformed broadly in the stock market: large-cap tech names, particularly anything to do with AI. Investors have crowded into stocks like Microsoft ( MSFT ) and Meta ( META ), bettingWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contrib ...

Meta's chatbots will now be trained to not engage with teenage users on a number of sensitive topics, ranging from self-harm, disordered eating, or inappropriate romantic conversations, @zeffmax has exclusively learned.The change comes two weeks after the reveal of internal policy documents prompted renewed scrutiny into Meta's existing safeguards, and lack thereof. https://t.co/1l403bpd90 ...

After a bombshell report on Meta allowing its AI chatbots to have sensual chats with minors, the company is updating its policies. https://t.co/eDYAyIglT7 ...

Core Points - Meta is changing its approach to training AI chatbots to prioritize the safety of teenage users, following an investigative report highlighting the lack of safeguards for minors [1][5] - The company acknowledges past mistakes in allowing chatbots to engage with teens on sensitive topics such as self-harm and inappropriate romantic conversations [2][4] Group 1: Policy Changes - Meta will now train chatbots to avoid discussions with teenagers on self-harm, suicide, disordered eating, and inappropriate romantic topics, instead guiding them to expert resources [3][4] - Teen access to certain AI characters that could engage in inappropriate conversations will be limited, with a focus on characters that promote education and creativity [3][4] Group 2: Response to Controversy - The policy changes come after a Reuters investigation revealed an internal document that allowed chatbots to engage in sexual conversations with underage users, raising significant concerns about child safety [4][5] - Following the report, there has been a backlash, including an official probe launched by Senator Josh Hawley and a letter from a coalition of 44 state attorneys general emphasizing the importance of child safety [5] Group 3: Future Considerations - Meta has not disclosed the number of minor users of its AI chatbots or whether it anticipates a decline in its AI user base due to these new policies [8]