本文源自：金融界AI电报 中金发表报告指，微软公布2026财年第二季业绩，总营收按年增17%至813亿美元，市场预期增15%， 该行预期增16%；营业利润按年增21%至383亿美元，市场预期366亿美元，该行预期369亿美元；GAAP 口径净利润受到投资Open AI收益的推动按年大幅增长60%至385亿美元，市场预期288亿美元，该行预 期275亿美元；去除Open AI投资影响的Non-GAAP口径对应摊薄后每股盈利按年增24%至4.14美元，市 场预期3.91美元，该行预期4.09美元。由于本季度M365、Windows以及搜索在内的AI产品需求继续走 强，最终的业绩好于该行和市场的预期。该行维持对其"跑赢行业"评级及目标价586美元。 ...

中金发表报告指，微软公布2026财年第二季业绩，总营收按年增17%至813亿美元，市场预期增15%， 该行预期增16%；营业利润按年增21%至383亿美元，市场预期366亿美元，该行预期369亿美元；GAAP 口径净利润受到投资Open AI收益的推动按年大幅增长60%至385亿美元，市场预期288亿美元，该行预 期275亿美元；去除Open AI投资影响的Non-GAAP口径对应摊薄后每股盈利按年增24%至4.14美元，市 场预期3.91美元，该行预期4.09美元。由于本季度M365、Windows以及搜索在内的AI产品需求继续走 强，最终的业绩好于该行和市场的预期。该行维持对其"跑赢行业"评级及目标价586美元。 ...

Microsoft Corporation (NASDAQ:MSFT) is one of the 10 Buzzing AI Stocks on Market Radar. On February 3, Piper Sandler analyst Billy Fitzsimmons reiterated an Overweight rating on the stock with a $600.00 price target. The firm sees Microsoft as a top AI play, highlighting positive sentiment on Azure and Copilot. It mentioned that it prefers hyperscalers and select vertical software names in the current backdrop. Microsoft and ServiceTitan serve as its top picks within the group. In particular, Piper Sand ...

Microsoft's stock got slammed after the company slightly missed expectations in its latest quarter.After Microsoft (MSFT +0.72%) reported its fiscal 2026 second-quarter results on Jan. 28, its stock crashed by 10%. That was a significant tumble for the world's fourth-largest company. However, the question investors must ask now is whether that pullback was warranted or not.As of Monday afternoon, Microsoft's stock sits almost 22% below its all-time high. That discount may look enticing, but is it a trap? Mi ...

In my last article about Microsoft Corporation ( MSFT ), I argued that the probabilities were shifting towards greater risk. While I didn’t see other Mag 7 stocks—like Meta Platforms, Inc. ( META ) orMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small c ...

Core Viewpoint - The analysis indicates a shift towards greater risk for Microsoft Corporation (MSFT) and other major tech stocks, suggesting a cautious outlook for investors in these companies [1]. Group 1: Company Analysis - The focus is on high-quality companies that can outperform the market over the long term due to their competitive advantages and defensibility [1]. - The analysis includes a broad range of companies from both European and North American markets, without limitations on market capitalization [1]. Group 2: Analyst Background - The analyst has a Master's Degree in Sociology with a focus on organizational and economic sociology, and a Bachelor's Degree in Sociology and History [1].

Group 1 - Airbus' main aircraft production target is uncertain due to the lack of a supply deal with engine maker Pratt & Whitney [1]

英伟达、亚马逊等相继参与OpenAI的千亿美元融资。分析认为，OpenAI已成为科技巨头估值的命门，若不持续供血或将引发AI逻辑崩塌，科技巨头们 或面临50%-80%的市值缩水。"如果OpenAI减少对超大规模云厂商的承诺支出，他们会损失1万亿美元市值，那朋友之间100亿美元算什么？" 所谓的千亿美金融资，本质上是科技巨头们为了防止AI泡沫破裂而不得不进行的一场自救式"供血"。 当下讽刺的现实是，甲骨文为了筹钱，甚至被迫宣布要卖股票来凑数， 直接把市场焦虑拉满了 。Janus Henderson的信贷研究主管Mike Talaga直言： 2月4日，据The Information资深记者Ken Brown报道，OpenAI正在筹集一笔高达1000亿美元的融资。英伟达可能打算投300亿，亚马逊200亿，软银 300亿，微软也得跟100亿。 在OpenAI 7300亿美元的离谱估值下，这些聪明人为什么抢着送钱，在Brown看来，逻辑非常直白。 银行不信OpenAI了，巨头只能自己上 以前OpenAI很聪明，它自己不借钱，而是让甲骨文（Oracle）、CoreWeave、Vantage数据中心在内的合作伙伴利用自身 ...

Core Viewpoint - The software industry is experiencing significant stock declines due to fears that AI will disrupt traditional software, although some industry leaders believe this concern is exaggerated [1][2][3]. Group 1: Software Industry Overview - Software stocks have dropped sharply, with the iShares Expanded Tech-Software ETF down 21% year-to-date, primarily in the last week [2]. - Nvidia CEO Jensen Huang argues that AI will enhance rather than replace existing software, suggesting that the software industry is not in decline [3]. Group 2: Company Analysis Microsoft - Microsoft has a strong presence in enterprise software and its Azure cloud infrastructure is growing rapidly, with a 39% revenue increase in the latest quarter [5]. - Despite its financial strength, Microsoft stock has fallen 25% from its peak in the last three months due to concerns over rising capital expenditures for AI initiatives [6][8]. - The stock is currently trading at a price-to-earnings discount compared to the S&P 500, presenting a potential buying opportunity [8]. Shopify - Shopify has seen a 38% decline from its peak at the end of October, but it remains a leader in e-commerce software [9]. - The company reported a 32% revenue increase to $2.8 billion in its most recent quarter, indicating strong growth potential [12]. - Shopify is integrating AI into its platform, which may help it maintain its competitive edge [10]. Figma - Figma's stock has dropped about 85% from its peak, despite being a leader in design software and having a history of GAAP profitability [13][15]. - The company is actively incorporating AI into its product offerings, which may enhance its market position [15]. - Figma's skills are in high demand, indicating a competitive advantage in the job market [15].

今天分享的是：2025年美国品牌500强 报告共计：49页 2025年美国品牌500强报告核心总结 《2025年美国品牌500强报告》由Brand Finance发布，聚焦美国顶尖品牌的价值表现、行业趋势与发展动态。报 告显示，2025年美国500强品牌总价值同比增长7.4%，达5.79万亿美元，增速远超美国2.8%的经济增长率，彰显 强势品牌的强劲发展韧性。 品牌价值排名方面，苹果以5745亿美元的品牌价值蝉联美国及全球最具价值品牌，其紧密整合的生态系统是核心 竞争力，不过面临反垄断监管挑战。微软和谷歌分别以4611亿美元、4130亿美元位列第二、三位，微软凭借云计 算和AI业务实现35.4%的显著增长。值得关注的是，英伟达受AI芯片需求激增推动，品牌价值暴涨97.5%，首次 跻身前十。 行业表现呈现明显分化，半导体行业以40%的增幅领跑，啤酒、休闲旅游行业均实现35%的强势增长，挪威邮 轮、嘉年华邮轮等品牌受益于后疫情时代旅游需求复苏。而医疗设施、汽车、医疗服务行业则分别下滑23%、 14%和14%，面临较大发展压力。 区域分布上，加利福尼亚州以84个品牌贡献1.92万亿美元的总价值位居首位，聚集了苹果、 ...