With names like Nvidia, Oracle, and CoreWeave down double digits in the last few months, the AI trade appears to be stuck in a rut. But far from a temporary blip, the diminished fortunes of the market's tech leaders might represent a much more dire reassessment of the technology among investors, a top AI researcher says. The latest volatility began with Anthropic's debut of its new plugins for its Claude AI agent, which sent legal tech stocks into a nosedive that quickly spurred volatility into the broade ...

硬·AI 作者 | 张雅琦 编辑 | 硬 AI 华尔街对OpenAI的态度正在经历戏剧性逆转。曾经被市场追捧的OpenAI合作概念股如今遭遇抛售，微 软、Oracle等公司股价大幅下挫，而与OpenAI竞争的谷歌母公司Alphabet则凭借AI业务的强劲财务回报 成为最大赢家，股价自去年10月以来飙升约36%。 市场逻辑的转变在华尔街分析师口中体现得淋漓尽致。Freedom Capital Markets科技研究主管Paul Meeks表示： "市场正在形成一种叙事，即更青睐谷歌而非OpenAI。去年这个时候，OpenAI每一次宣布与某家公 司合作都会受到掌声。 但到了2025年底，人们开始说，'天哪，我的收入积压或AI基础设施支出有 太多来自OpenAI。 '" 华尔街对OpenAI的态度从追捧转向担忧，受其亏损及履约能力质疑影响，深度绑定的微软与Oracle股价剧烈下挫。与此 同时，谷歌凭借Gemini 3带动的全线财务回报及云业务48%的营收增速脱颖而出，以4万亿美元市值支撑起指数繁荣，或 成为AI下半场角逐的赢家。 这种情绪转变在股价上表现明显。Oracle股价自去年10月以来已暴跌约49%，其超过5 ...

SAN DIEGO, Feb. 5, 2026 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the Oracle class action lawsuit seeks to represent purchasers or acquirers of Oracle Corporation (NYSE: ORCL) common stock between June 12, 2025 and December 16, 2025, inclusive (the "Class Period"). Captioned Barrows v. Oracle Corporation, No. 26-cv-00127 (D. Del.), the Oracle class action lawsuit charges Oracle and certain of Oracle's top executives with violations of the Securities Exchange Act of 1934 ...

Group 1: Market Overview - The narrative of "Software-mageddon" is gaining traction among global investors, with debates on whether to initiate bullish calls on recently battered software stocks [1] - Large institutional investors are beginning to enter the market to buy the dip in software stocks that have experienced significant declines, with some supporting optimistic views on AI-focused software giants [1][3] - The S&P 500 Software and Services Index has dropped approximately 25% since its recent peak at the end of October, while the overall S&P 500 index has remained relatively stable [3][4] Group 2: Impact of AI Tools - The launch of Anthropic's AI programming tool, Claude Cowork, has intensified fears of AI agents disrupting the SaaS software industry, leading to a collective sell-off in software stocks [2] - The S&P 500 Software and Services Index experienced its worst performance since May 2002, with a significant market cap loss exceeding $800 billion [4] Group 3: Investor Reactions and Divergence - Institutional investors are showing mixed reactions, with some cautiously buying while others remain hesitant, indicating a divide in sentiment regarding the software sector [8] - Some portfolio managers are starting to see long-term value in certain software stocks, while others are waiting for stronger catalysts, such as robust AI-related revenue reports, before making aggressive purchases [8][9] Group 4: Future Outlook and AI Integration - The market is reassessing the value chain in the software industry, with AI potentially redistributing profits rather than completely replacing existing software infrastructure [11][12] - The current sell-off is seen as a response to the question of how much profit pools will be redistributed among SaaS vendors due to AI advancements, with a focus on real deployment and revenue growth from AI-related products [12][13]

从信贷市场表现来看，目前尚未出现大规模恐慌情绪，相关企业的循环信贷额度尚未被动用。随着多家 软件公司即将发布最新财报，市场情绪或迎来阶段性转变。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 作者：观察君 2026年以来，美股软件行业遭遇持续抛售，板块总市值累计蒸发1万亿美元。金融分析公司S3 Partners 的数据显示，对冲基金同期通过做空软件股已获得240亿美元收益。 据华尔街两家大型基金的消息人士透露，对冲基金正加大对软件股的做空力度，成为该板块抛售潮的主 要推手之一。其做空目标具有明确指向性，集中于为客户提供基础自动化服务的公司——这类业务极易 被新的人工智能工具取代。在软件板块相关目标个股遭遇抛售的背景下，做空者并未选择收手，反而将 股价下跌视作加码押注的机会。当前部分软件个股做空集中度较高，Asana有超过25%的流通股被做 空，Dropbox的流通股做空比例为19%。 此次抛售潮并未局限于中小型软件公司，行业巨头同样面临下行压力。微软、甲骨文、Salesforce、 Adobe等头部企业年内均出现显著跌幅，税务软件制造商Intu ...

English and Brazilian Portuguese translator, proofreader, editor, and content writer specializing in Finance, Economics, and Investments. My strategy is focused on wealth preservation, income, and long-term appreciation. My national portfolio is made of Brazilian hand-picked stocks and real estate funds, and my international one consists of ETFs that cover the entire globe.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initi ...

Group 1 - The article discusses the investment strategy focused on wealth preservation, income generation, and long-term appreciation [1] - The national portfolio consists of Brazilian hand-picked stocks and real estate funds, while the international portfolio includes ETFs that cover the entire globe [1]

又崩了！硅谷软件巨头短短一夜，蒸发3000亿美金，过去一周全球近万亿美金没了。令人想不到的是，罪魁祸首竟是Anthropic推出的一款插件。 瞳孔地震！一夜之间，全球软件股集体跳水，蒸发3000亿美金。 如今，整个硅谷都在说：软件（SaaS）已死！ | 90 0 0 00 | TrendSpider & @TrendSpider · 6h * BREAKING: Software stocks. | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | * 突发新闻:软件股。 | | | | | | | | | | | Softwarn: & Change% vs 52wk High (US equity, Fx) & Change% vs 52wk High (US equity, Fx) Customze ... | | Q | | | | | | × | | | IBM -9.60% | ADSK -27.26% | | GRAB -35.04% | | SAP -38.87% | | SNOW ...

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 ...

今年以来，华尔街对冲基金通过大举做空软件股已获利240亿美元，其背后的核心驱动力是市场日益担 忧AI技术的进步将颠覆传统软件商业模式，导致行业遭受重创。 眼下，这场抛售潮正在加速蔓延。2月4日，据彭博援引S3 Partners的数据显示，在做空者的猛烈攻势 下，软件行业整体市值年内已蒸发1万亿美元。华尔街主要对冲基金的消息人士透露，投资者正集中火 力做空那些提供基础自动化服务、易被新AI工具复制和替代的公司。 与此同时，做空者并未在股价下跌中收手，反而将其视为"下跌中的飞刀"，进一步加大了做空押注。 DA Davidson分析师Gil Luria指出，目前对冲基金几乎都在净做空软件行业。 软件股的暴跌已引发市场广泛的动荡。iShares科技软件ETF本周下跌8%，今年累计跌幅超过21%，较去 年9月创下的历史高点已下挫30%。微软和甲骨文今年分别下跌15%和25%，Salesforce、Adobe和 ServiceNow跌幅均超过20%。 空头获利丰厚，瞄准"易被替代"标的 在ETF持仓中，做空比例最高的个股集中度明显。TeraWulf目前有超过35%的流通股被做空，Asana的这 一比例为25%。此外，Dr ...