U.S. stock index futures edged higher on Thursday, January 29, 2026, as investors continued to digest a flurry of tech earnings and the Federal Reserve's latest monetary policy decision. The premarket session saw mixed signals, with some tech giants experiencing significant movements, while broader market sentiment remained cautious following the Fed's widely anticipated decision to hold interest rates steady. This dynamic landscape underscores a market increasingly responsive to corporate performance, part ...

智通财经1月29日讯（编辑 夏军雄）周四，美股股指期货小幅走高，投资者正在权衡多家大型科技公司 发布的财报，以及美联储最新的利率决定。欧洲主要指数普遍上涨。 （来源：英为财情） Meta在盘前交易中大涨9%，此前该公司给出了好于预期的一季度销售指引。同为"科技七巨 头"（Magnificent Seven）成员的特斯拉股价也上涨2%，其第四季度业绩超出市场预期。 不过，微软股价下跌近7%，限制了大盘涨幅。微软报告称，第二财季云业务增长放缓，同时对第三财 季的营业利润率给出了偏弱的指引。 目前，投资者将目光转向苹果，该公司计划于周四美股收盘后公布财报。 【特斯拉：预计2026年资本支出将超过200亿美元】 据报道，特斯拉表示，2025年资本支出达85.3亿美元。预计2026年资本支出将超过200亿美元。 【卡特彼勒2025年全年营收为36.3亿美元，同比增长4%】 在其他财报方面，卡特彼勒盘前股价上涨逾1%，这家工业巨头公布的第四季度业绩大幅好于华尔街预 期。 美联储周三维持利率不变，符合市场预期。联邦公开市场委员会（FOMC）表示，多项指标显示"经济 活动正以稳健的步伐扩张"，失业率"已显现出一定的稳定迹象" ...

1月21日，微软研究院推出首款机器人专属 Rho-alpha 模型，该模型基于 Phi 系列视觉语言模型打造，可直 接将自然语言指令转化为控制信号，实现多模态感知与端到端控制，当然这不是重点，重点是Rho-alpha 模 型除了 视觉与语言两大基础感知维度之外，创新性地加入了触觉感知模块 ， 将机器人直接拉入物理智能的范 畴。 要知道过去的几十年间 ，人形机器人的研发重点一直围绕结构设计、新型材料、高性能电机和精密控制系统 展开。 而微软的全新 Rho-alpha模型，直接连接了机器人的 感知、语言与动作 ， 成为了 决定机器人能力上 限的关键。 ▍ Rho-alpha 是 扎根物理世界的智能模型 按照微软官方的定义， Rho-alpha是其首款专为机器人场景打造的模型。它的核心能力，是将人类发出的自 然语言指令，直接转化为机器人的控制信号，以此完成双手协同操作类任务。 这款模型的研发目标十分明确，就是打破机器人只能在高度可控环境内运行的限制，推动机器人走进复杂且充 满不确定性的真实世界开展工作。这意味着机器人可以摆脱固定脚本的约束，依靠模型自主生成适配不同场景 的动作。 微软将这种技术路径命名为 "Phys ...

Microsoft Corp. (NASDAQ:MSFT) reported better-than-expected second-quarter financial results after market close on Wednesday.Microsoft reported second-quarter revenue of $81.3 billion, up 21% year-over-year. The total beat a Street consensus estimate of $80.25 billion, according to data from Benzinga Pro. The company reported non-GAAP earnings per share of $4.14, beating a Street consensus estimate of $3.86.“Microsoft Cloud revenue crossed $50 billion this quarter, reflecting the strong demand for our portf ...

高盛认为，市场对微软股价的负面反应，主要反映了投资者对连续几个季度高于预期的资本支出的焦 虑。375亿美元的单季支出(含融资租赁)表明微软正在积极构建AI基础设施。然而，这种投入并未立即 转化为Azure增长率的同比例跃升。 智通财经APP获悉，周四，微软(MSFT.US)盘前跌逾6%，报450.20美元。2026财年第二季度，尽管微软 (MSFT.US)营收与利润双双超出华尔街预期，且整体云业务营收首次突破500亿美元大关，但Azure云服 务收入增速的放缓以及创纪录的资本开支，引发了投资者对人工智能(AI)投资回报周期的忧虑。 分析称，这实际上是微软的一种战略取舍。公司正在将宝贵的算力资源优先分配给Copilot等战略性产品 以及内部研发项目，而非仅仅为了追求短期的Azure外部收入。高盛相信，这种策略最终将在技术堆栈 的多个层面推动更具战略意义的AI定位，并在中期内带来更好的回报。 财报显示，微软第二季度营收达到810亿美元，同比增长17%，高于市场预期1%；非GAAP每股收益 (EPS)为4.41美元，同比增长23%，超出市场预期5%。备受关注的Azure云业务在固定汇率下增长38%， 也略高于华尔街 ...

高盛认为，市场对微软股价的负面反应，主要反映了投资者对连续几个季度高于预期的资本支出的焦 虑。375亿美元的单季支出(含融资租赁)表明微软正在积极构建AI基础设施。然而，这种投入并未立即 转化为Azure增长率的同比例跃升。 分析称，这实际上是微软的一种战略取舍。公司正在将宝贵的算力资源优先分配给Copilot等战略性产品 以及内部研发项目，而非仅仅为了追求短期的Azure外部收入。高盛相信，这种策略最终将在技术堆栈 的多个层面推动更具战略意义的AI定位，并在中期内带来更好的回报。 财报显示，微软第二季度营收达到810亿美元，同比增长17%，高于市场预期1%；非GAAP每股收益 (EPS)为4.41美元，同比增长23%，超出市场预期5%。备受关注的Azure云业务在固定汇率下增长38%， 也略高于华尔街预期的37%。 尽管核心数据表现稳健，但投资者对微软不断攀升的资本支出表示担忧。数据显示，微软该季度资本支 出高达375亿美元，比市场普遍预期高出9%。市场原本期待如此巨额的投入能带来Azure增长率的显著 提速，但现有数据未能即时满足这一高涨的胃口。 周四，微软(MSFT.US)盘前跌逾6%，报450.20美 ...

The major U.S. index futures are currently pointing to a modestly higher open on Thursday, with stocks likely to move to the upside after ending the previous session little changed.A positive reaction to earnings news from Meta Platforms (META) may lead to early strength on Wall Street, as the Facebook parent is spiking by 9.2 percent in pre-market trading.The surge by Meta comes after the company reported better than expected fourth quarter results and forecast first quarter revenues above analyst estimat ...

Futures are higher, led by tech, after the first batch of Mag7 earnings with gold breaking new record highs again, rising as high as $5600. As of 8:00am ET, S&P futures are up 0.2% while the Nasdaq if barely in the green; pre-mkt it's a mixed picture with META (+7.9%) rising on higher than expected capex forecast, while MSFT (-6.6%) tumbles on... higher than expected capex forecast; TSLA is also modestly in the green, up +2.8%; AAPL reports today today then AMZN / GOOG next week. Cyclicals are trading highe ...

智通财经1月29日讯（编辑 夏军雄）周四，美股股指期货小幅走高，投资者正在权衡多家大型科技公司 发布的财报，以及美联储最新的利率决定。欧洲主要指数普遍上涨。 （来源：英为财情） 据报道，英伟达、亚马逊与微软正在商讨向OpenAI投资高达600亿美元，英伟达投资至多300亿美元， 融资前OpenAI估值可能达7300亿美元。 Meta在盘前交易中大涨9%，此前该公司给出了好于预期的一季度销售指引。同为"科技七巨 头"（Magnificent Seven）成员的特斯拉股价也上涨2%，其第四季度业绩超出市场预期。 不过，微软股价下跌近7%，限制了大盘涨幅。微软报告称，第二财季云业务增长放缓，同时对第三财 季的营业利润率给出了偏弱的指引。 目前，投资者将目光转向苹果，该公司计划于周四美股收盘后公布财报。 在其他财报方面，卡特彼勒盘前股价上涨逾1%，这家工业巨头公布的第四季度业绩大幅好于华尔街预 期。 美联储周三维持利率不变，符合市场预期。联邦公开市场委员会（FOMC）表示，多项指标显示"经济 活动正以稳健的步伐扩张"，失业率"已显现出一定的稳定迹象"。 根据芝商所美联储利率观察工具，市场目前仍预计今年会有两次幅度为2 ...

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]