"21世纪关键技术"关注科技未来发展趋势，研究21世纪前沿科技关键技术的需求，和影响。将不定期推荐和发布世界范围重要关键技 术研究进展和未来趋势研究。 前言：在上一篇文章中，我们发表了 《大自然规律不允许！德国物理学家指出量子计算可能永远无法成功》， 在本篇将进一步介绍美 国国防高级研究计划局 DARPA 验证量子计算真实性的举措。为验证量子计算的可靠性做出的工作。 美国国防高级研究计划局正在通过一项雄心勃勃的验证计划重新定义全球量子计算竞赛的规则。该机构的量子基准测试计划已将11家 来自美国、加拿大和澳大利亚的企业推进到第二阶段，这些公司必须证明他们能够在2033年前开发出"效益超过成本"的实用级量子计 算机。这一严格的筛选机制标志着量子技术发展从科学探索转向工程验证的关键转折点。 DARPA的量子基准测试计划设定了一个明确且具有挑战性的目标：到2033年实现量子计算的实际商业和军事价值。该计划项目经理乔 ·阿尔特彼得明确表示，他们的"开场立场是怀疑主义"，旨在通过科学严谨性来终结量子计算领域的过度炒作。这种制度化的怀疑态度 反映了美国政府对新兴技术泡沫的警惕，以及对确保联邦投资获得实际回报的坚持。 进入第 ...

Market Overview - The S&P 500 fell 0.43% to 6,939.03, the Nasdaq Composite dropped 0.94% to 23,461.82, and the Dow Jones Industrial Average slipped 0.36% to 48,892.47, indicating a broad sell-off in risk assets [1] - Precious metals and financial stocks were the leading decliners, with significant declines in gold and silver prices [2] Precious Metals Performance - Silver experienced a historic decline, losing more than 35% in intraday trading, marking its biggest daily fall on record, while gold futures fell by 11% before slightly recovering [4] - Despite the pullback, both gold and silver finished the month in positive territory after a year of record highs [4] Dollar and Federal Reserve Impact - The dollar strengthened as gold and silver prices dramatically declined, influenced by the nomination of Kevin Warsh to lead the Federal Reserve, with expectations of a less dovish stance on interest rates [3] Sector Performance - Megacap tech stocks showed some resilience, with Microsoft down just 0.74% and Apple slightly up by 0.46% following solid after-hours earnings [2] - AI skepticism continues to impact the Nasdaq, while health stocks are under pressure from government proposals to cap Medicare Advantage rates [5]

OpenAI Inc. is reportedly in discussions to secure funding of nearly $40 billion from its major suppliers, NVIDIA Corp. (NASDAQ:NVDA), Amazon.com Inc. (NASDAQ:AMZN), and Microsoft Corp. (NASDAQ:MSFT). NVIDIA could potentially invest up to $20 billion in OpenAI, while Amazon is considering an investment of $10 billion or more. Microsoft, which already holds a 27% stake in OpenAI, is also expected to make a significant investment, the Financial Times reported on Thursday. According to another report by The ...

Group 1 - OpenAI and Anthropic are accelerating their timelines towards potential 2026 initial public offerings, which may prevent a near-term slowdown in AI infrastructure spending, benefiting companies like Nvidia, Amazon, and Microsoft [1] - OpenAI needs to demonstrate technical dominance to justify a "frontier leader" narrative for its IPO, while Alphabet is currently favored to hold the "best model" title, creating pressure for private labs to invest heavily in compute [2] - The IPO pressure may shift behavior in the AI infrastructure sector, making compute a primary lever for valuation growth, thus maintaining an "accelerating" regime in AI infrastructure [3] Group 2 - Amazon is reportedly in talks to invest up to $50 billion in OpenAI, indicating a potential strategic shift in cloud partnerships as OpenAI seeks to diversify its infrastructure beyond Microsoft [4] - A significant change in Polymarket odds away from Google could signal a narrative shift, and a confirmed multi-billion dollar investment from Amazon would likely alter the competitive landscape for cloud providers [5]

Group 1: Market Overview - U.S. equity markets had a strong start to 2026, but short-term warning signs are emerging [1] - The current market is influenced by AI stocks, which are facing pressure following Microsoft’s earnings report [1][7] - Silver's bull market is showing signs of a classic blow-off top, indicating potential danger for the broader market [2][8] Group 2: Company-Specific Insights - Microsoft reported a significant increase in CAPEX spending, totaling $37.5 billion last quarter, a 66% year-over-year rise [1] - Concerns regarding Microsoft include a slowdown in its cloud business and reliance on OpenAI for revenue [1] Group 3: Seasonal Trends and Sentiment - February is historically a weak month for markets, with corrections common in mid-term election years [3] - The AAII Sentiment survey indicates that individual investors are overwhelmingly bullish, which is often a contrarian signal [6][7]

The North American Tech-Software iShares ETF (IGV) has hit a rough patch in early 2026. What’s the cause? A classic case of expectation meeting reality. For two years, the software sector bid up on the promise of artificial intelligence (AI) integration. Now, in the first earnings season of 2026, investors are demanding to see the receipts. The result has been a violent rotation away from general software providers and toward hardware and specialized AI winners. More News from Barchart As of late Janua ...

Group 1: Apple - iPhone sales grew 23% to $85.3 billion, the fastest pace since 2021, driven by the iPhone 17 lineup, with Greater China revenue at $25.53 billion, up 38% year over year [1] - Apple reported $143.8 billion in December-quarter revenue, a 16% increase year over year, exceeding analyst expectations, with net income of $42.1 billion and EPS of $2.84 [2] - The company expects sales to grow 13% to 16% year over year in the current quarter, indicating momentum [6] Group 2: Meta - Meta's revenue grew 23.8% year over year to $59.9 billion, with operating income at $24.7 billion and a 41.3% margin, guiding for first-quarter revenue growth of 26.4% to 33.5% year over year [10] - Family of Apps advertising revenue rose 24% year over year, supported by an 18% increase in ad impressions and a 6% increase in average price per ad [11] - Meta's capex guidance for 2026 is $115 billion to $135 billion, with total expenses expected at $162 billion to $169 billion, indicating strong operating performance [12] Group 3: Microsoft - Microsoft reported revenue of $81.27 billion, driven by cloud and AI momentum, with Azure growing about 38% year over year [15] - The company has a commercial backlog totaling about $625 billion, up 110% year over year, with bookings up 230% year over year [18] - Guidance for March-quarter revenue is set at $80.65 billion to $81.75 billion, with Azure expected to grow about 37% to 38% in constant currency [20] Group 4: Tesla - Tesla's total revenue was $24.9 billion, with automotive revenue at $17.69 billion and auto gross margins ex-credits at 17.9%, above expectations [22] - Energy generation and storage revenue was $3.84 billion, up 25% year over year, indicating a shift in focus towards energy solutions [23] - Tesla disclosed 1.1 million active FSD subscriptions, up 38% year over year, and plans to halt Model S and Model X production to focus on humanoid robot production [24] Group 5: Overall Industry Insights - The earnings week highlighted how established companies like Apple and Meta continue to show growth, while Microsoft and Tesla focus on building for the future [25] - The market is increasingly scrutinizing spending and investment strategies, with a shift towards accountability in growth narratives [3][5] - The ongoing buildout in technology and AI is being closely monitored, with companies needing to demonstrate that their investments translate into sustainable business models [27]

Microsoft Corporation ( MSFT ) just released its Q2 FY2026 earnings , and there is a lot to take away, as highlighted by the biggest single-day drop in stock price for the tech giant sinceAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything that has been unlov ...

分组1 - Microsoft Corporation (MSFT) reported its Q2 FY2026 earnings, which resulted in the largest single-day drop in stock price for the company since a significant prior event [1] - The analysis emphasizes a focus on undervalued and disliked companies or industries with strong fundamentals and good cash flows, particularly in sectors like Oil & Gas and consumer goods [1] - The article mentions specific companies such as Energy Transfer, which has been overlooked but shows potential for substantial returns [1] 分组2 - The author expresses a preference for long-term value investing while also exploring deal arbitrage opportunities, citing examples like Microsoft/Activision Blizzard and Spirit Airlines/JetBlue [1] - There is a noted aversion to investing in high-tech businesses or certain consumer goods, with a specific mention of a lack of understanding regarding cryptocurrencies [1] - The article aims to connect with like-minded investors to share insights and build a collaborative community focused on informed decision-making [1]

Market Overview - The S&P/TSX composite index decreased by 992.37 points, closing at 32,023.76 [1] - The Dow Jones industrial average fell by 529.07 points to 48,542.49, while the S&P 500 index dropped by 55.96 points to 6,913.05, and the Nasdaq composite declined by 225.71 points to 23,459.41 [2] Gold and Metal Prices - The April gold contract saw a significant decline of US$348.80, settling at US$5,006.00 per ounce, although gold prices have increased by over 70% in the past year [1] - The decline in metal prices is attributed to the announcement of Kevin Warsh as the new U.S. Federal Reserve chair, which strengthened the U.S. dollar and led to a selloff in gold and other metals [2][3] Federal Reserve Influence - The leadership of the Federal Reserve has a substantial impact on the economy and global markets, particularly regarding interest rate decisions that affect investment prices [3] - Concerns exist that President Trump's influence may compromise the Fed's independence, which has historically allowed it to make difficult decisions to address long-term economic issues like inflation [5] Technology Sector Impact - Large technology companies, particularly Microsoft, have contributed to market declines, with Microsoft experiencing a 10% selloff despite reporting stronger-than-expected earnings [6] - Investors are focusing on Microsoft's investment spending rather than its profit and revenue performance, indicating a shift in market sentiment towards tech stocks [6] Currency Exchange - The Canadian dollar traded at 73.69 cents US, a slight decrease from 73.99 cents US the previous day [6] Oil Prices - The March crude oil contract increased by 26 cents, reaching US$65.68 per barrel [7]