Market Overview - The S&P 500 is attempting to reach the 7,000 level again, with mixed earnings results creating some headwinds [2][5] - Initial unemployment claims data is expected to be lower than street expectations, which could be bullish for the market [3] - The dollar is declining, positively impacting commodity prices, particularly copper, which is seeing significant gains [3][4] Meta Platforms - Meta's shares are up approximately 8.7% in pre-market trading, with revenue exceeding expectations at $59.8 billion, compared to the expected $58.5 billion [7][8] - Adjusted earnings per share came in at $8.88, beating the expected $8.81, and guidance for future revenue was a major beat by about $3.5 billion [8] - Q4 revenue increased by 24% year-over-year, with strong advertising revenue [8] - The company is cutting costs in certain areas while increasing capital expenditures in strategic areas, particularly AI [9][10] - Analysts are raising price targets for Meta following its strong results [11] Microsoft - Microsoft shares are down about 6.7% in pre-market trading despite revenue exceeding expectations at $81.2 billion, compared to the expected $80.2 billion [12] - Adjusted earnings per share were $4.14, above the expected $3.88, but guidance for Q3 was in line with expectations, lacking a significant upside surprise [12][13] - Azure growth was 39% year-over-year, slightly below expectations, and future guidance for Azure growth is also lower than anticipated [13][14] - Concerns are arising regarding the concentration of spend with OpenAI, which constitutes 45% of Microsoft's backlog [16][17] - Morgan Stanley has removed Microsoft from its top pick list for 2026, contributing to selling pressure [18] IBM - IBM shares are up more than 8% following strong earnings, with revenue at $19.69 billion, exceeding the expected $19.2 billion [19] - Adjusted earnings per share were $4.52, above the expected $4.32, with automation unit growth at 18% year-over-year [19] - The AI business grew by $3 billion, and the data unit saw a 22% increase [20] - The government shutdown previously impacted the Red Hat business, but recovery is expected now that the government is operational [20] - IBM is also making strides in quantum computing, which may position it favorably against competitors [22]

Many investors are worried that the artificial intelligence (AI) sector is in a bubble. Whether or not there is merit to these fears, if you're concerned about the prospect of a bursting bubble but still want to invest in the trend, one approach would be to buy AI stocks that appear relatively undervalued. One great company that fits that description is Meta Platforms (NASDAQ: META). Its stock has lagged the market over the past six months, but it remains a top pick for buy-and-hold investors. Image sourc ...

Shares of Facebook owner Meta Platforms (Nasdaq: META) are surging in premarket trading this morning after the company announced its fourth-quarter 2025 earnings yesterday afternoon. Most Read from Fast Company The earnings not only exceeded investor expectations, but CEO Mark Zuckerberg also laid out his vision for how artificial intelligence is set to transform the company—and personal computing—in the years ahead. Here’s what you need to know. Meta reports strong Q4 2025 earnings Expectations for M ...

Core Insights - Meta Platforms reported fourth-quarter earnings that surpassed expectations, with earnings of $8.88 per share, reflecting an 11% increase year-over-year [1] - The company forecasted its strongest sales growth since 2021, indicating positive momentum in its business operations [1] - Investors reacted positively to the results, overlooking the anticipated rise in costs associated with CEO Mark Zuckerberg's AI initiatives [1] Financial Performance - Meta's earnings per share for the December-ended quarter were $8.88, which is an 11% increase compared to the previous year [1] - The company is expected to experience its strongest sales growth since 2021, signaling a robust recovery and growth trajectory [1] Market Reaction - Following the earnings report, Meta's stock experienced a significant rally, contributing to a positive sentiment in the market despite mixed performances from other tech stocks like Microsoft [1] - The overall market showed fluctuations, with the Dow Jones index wavering as Meta and Tesla stocks rallied in premarket trading [1]

今日，Meta发布四季度财报。财报发布后，Meta首席执行官马克•扎克伯格（Mark Zuckerberg）、首席 财务官苏珊•李（Susan Li）等高管召开了分析师电话会议，回答了相关业务的问题。 业务主题方面。我们目前关注的有几个主要业务机会，其中之一就是优化核心产品、加速现有业务的发 展。我之前曾提到，我始终认为，将推荐系统与大型语言模型（LLM）相结合将有效提升用户体验和 广告体验的质量。未来，我们会看到内容生成能力、内容质量的提升，加上推荐系统的改进，我们预计 这将从整体上加速我们核心业务的质量和效果，无论是对于平台用户还是我们的企业用户，他们的产品 使用体验都会大幅提升。 我相信这会为我们带来复合效应。此外，我相信还会出现许多新的商业机会。目前对于Meta AI，其实 我们已经推进了一段时间。大家可以看到类似产品在行业内是如何实现变现的。随着我们将技术逐步推 向我们期望的规模和深度时，我们相信诸如订阅、广告等各类变现机遇也会逐步显现。 摩根士丹利分析师Brian Nowak：我的第一个问题想问马克。 马克，从长期来看，对于公司的各项投资、个人智能服务以及近期刚刚公布的Meta Compute项目 ...

近年来，美科技公司一直是其大盘的关键增长驱动力。聚焦2025年第四季度，剔除科技板块，标普500指数的盈利增长将从9.2%降至5.5%。 投资研究公司扎克斯估算，2026年科技板块将占标普500指数盈利增长的近一半。 本周是美科技股的财报周，科技股展示出喜忧参半的局面，投资者依旧重点关注各家公司在AI大额支出和回报方面的表现。1月30日晨间，苹果 将公布财报，为此番财报季画上尾声。 押注AI业绩喜忧参半 1月28日盘后，特斯拉公布2025年第四季度及全年财务报告，季度盈利与收入均超出市场预期，但全年营收出现首次同比下降，凸显出其核心汽 车业务面临的挑战。 具体来看，去年第四季度，特斯拉总收入较去年同期的257亿美元下降约3%；汽车业务收入同比下滑11%，至177亿美元。2025年全年，特斯拉总 收入从2024年的977亿美元降至948亿美元，降幅为3%。公司解释称，下降主要源于"车辆交付量减少"及"监管信贷收入下降"。 盈利方面，特斯拉第四季度净利润为8.4亿美元，同比暴跌61%。同时运营费用激增39%，公司称部分由人工智能（AI）及其他研发项目推动。 同日，科技巨头Meta与微软也都发布了超出预期的营收，但 ...

Core Insights - Meta Platforms reported Q4 2025 revenue of $59.89 billion, exceeding the $58.41 billion forecast, with an EPS of $8.88, up 8.4% from the consensus of $8.19 [2] - The Q1 2026 revenue forecast is between $53.5 billion and $56.5 billion, significantly above the $51.4 billion expected by analysts, indicating a 30% growth acceleration [3] Financial Performance - Meta's capital expenditure (Capex) for 2026 is projected to be between $115 billion and $135 billion, a substantial increase from the $72.22 billion invested in 2025 [5] - Reality Labs reported a loss of $6 billion in the quarter, which is about 10% of total revenue, but the market is accepting these losses as long as advertising revenue continues to grow above 20% [6] Market Position - The stock is trading at a trailing P/E of approximately 30x, with a Q4 EPS of $8.88 and an annual EPS of $23.50 for 2025 [7] - The revenue growth of 24–30% justifies the 30x multiple compared to peers, with a current share price valuation of $843 and an expected upside potential of over 20% [9] Strategic Initiatives - Meta is focusing on monetizing its AI investments, with plans to integrate large language models into its recommendation systems for Instagram and Facebook [5] - The company aims to cap losses from Reality Labs in 2026, with expectations of gradual decreases in losses thereafter [6]

CNBC 蒋钰：特斯拉当地时间周三公布的第四季度业绩好于预期，但特斯拉全年营收同比下降3%，创 下该公司有史以来首次年度营收下滑。 第四季度特斯拉的每股收益调整后为50美分，超出市场预期的45美分，营收为249亿美元，同样高于预 期。财报显示，特斯拉全年营收从2024年的977亿美元降至2025年的948亿美元。还值得关注的就是，隔 夜特斯拉的CEO马斯克宣布要精简车型阵容，并且在股东支持力度有限的背景下，仍决定要向其旗下的 人工智能公司xAI投资20亿美元。马斯克表示，特斯拉将在下个季度结束旗舰车型Model S和Model X的 生产，并将位于美国加州的工厂转型用于生产Optimus人形机器人。分析认为这标志着特斯拉正在将重 心从汽车转向AI和机器人。 （央视财经《天下财经》）特斯拉精简车型阵容，重心转向AI和机器人。Meta2026年资本支出或高于 市场预期 ，AI投资能否获益仍存疑。微软云服务表现不及预期，过度依赖OpenAI引发市场担忧。 隔夜Meta公布的第四季度财报显示，营收和利润均超出预期，并发布了强于预期的指引，盘后交易 中，公司股价上涨。四季度Meta每股收益为8.88美元，高于市场预期的 ...

Core Insights - The fourth quarter earnings season is underway, with major tech companies like Microsoft, Meta, Tesla, and Apple leading the earnings calendar [1] - An optimistic consensus is forming, with 13% of S&P 500 companies having reported results, and an estimated 8.2% increase in earnings per share for the fourth quarter, marking the potential for the 10th consecutive quarter of annual earnings growth [2] - Analysts had initially expected an 8.3% jump in earnings per share, a decrease from the previous quarter's 13.6% growth rate, but have since raised expectations, particularly for tech companies [3] Company Updates - In addition to the reports from major tech stocks, earnings updates will also come from a diverse range of companies including UnitedHealth, Boeing, General Motors, IBM, Starbucks, Levi Strauss, Visa, American Express, Mastercard, Caterpillar, Exxon Mobil, Chevron, AT&T, and Verizon [4]

Last year, one of the better performers among the Magnificent 7 was Meta Platforms Inc. ...