周二美股成交额第1名英伟达收跌2.84%，成交363.81亿美元。至此英伟达已连续第三个交易日下跌。 昨日有报道称英伟达计划向OpenAI投入1000亿美元的计划已陷入停滞，因公司内部对OpenAI的商业模 式和长期竞争态势产生严重疑虑。 不过英伟达CEO黄仁勋周二表示，公司对OpenAI的投资计划仍"按部就班推进"。 "此事完全不存在争议，相关说法纯属无稽之谈，" 黄仁勋称，"我们十分乐意与OpenAI合作。"黄仁勋 同时表示，英伟达将参与OpenAI的下一轮融资。他称这轮融资将成为"历史上规模最大的私人融资"。 他还补充道，英伟达会考虑参与OpenAI未来的所有融资轮次，并希望参与OpenAI最终的首次公开募 股。 第2名微软收跌2.87%，成交247.46亿美元。至此该股已经连续四个交易日下跌，今年迄今已下跌约 15%。该公司近日公布了第四季度财报，这家科技巨头在营收和盈利两方面均超出市场预期，然而财报 发布后其股价大幅下跌。 第3名特斯拉收高0.04%，成交236.97亿美元。据央视新闻消息，当地时间2月3日，法国巴黎检察院表 示，当天已对美国企业家马斯克旗下社交媒体平台X位于法国的办公场所展开搜查。 ...

Core Insights - The article expresses skepticism about Tesla, Inc. (TSLA) as an investment due to its high valuation and speculative nature [1] - It emphasizes the importance of observing megatrends and technological advancements to identify potential investment opportunities [1] - The focus is on the significance of fundamentals, leadership quality, and product pipeline in investment decisions [1] Group 1 - The author believes that understanding macrotrends and emerging technologies is crucial for investment insights [1] - The article highlights the challenges in identifying which companies will capitalize on opportunities presented by evolving technologies [1] - The author has experience in evaluating startups and emerging industries, indicating a background in assessing investment potential [1] Group 2 - The article suggests that while personal interests in megatrends are important, fundamentals and technical analysis are essential for uncovering investment opportunities [1]

Core Insights - The article expresses skepticism about Tesla, Inc. (TSLA) as an investment due to its high valuation and speculative nature [1] - It emphasizes the importance of observing megatrends and technological advancements to identify investment opportunities [1] - The focus is on the significance of fundamentals, leadership quality, and product pipeline in investment decisions [1] Group 1: Investment Perspective - The author is not a fan of Tesla as an investment due to its perceived high valuation and speculative characteristics [1] - There is a belief that understanding megatrends can provide insights into societal advancements and investment opportunities [1] - The article highlights the challenge of identifying which companies will capitalize on emerging opportunities [1] Group 2: Analytical Approach - The author has experience in evaluating startups and emerging industries, indicating a background in assessing new market trends [1] - There is a focus on marketing and business strategy for medium-sized companies and startups, suggesting a practical approach to investment analysis [1] - The importance of combining macrotrends with fundamental analysis is emphasized as a way to uncover investment opportunities [1]

Core Viewpoint - The recent earnings reports from the Magnificent Seven tech companies have created mixed signals in the market, particularly due to concerns over high capital expenditures related to AI investments, leading to significant stock price fluctuations [1][2][11]. Group 1: Earnings Performance - Microsoft reported a capital expenditure of $37.5 billion for the quarter, which raised investor concerns despite beating earnings expectations, resulting in a nearly 12% drop in its stock [2][11]. - ServiceNow also experienced a 12% decline in its stock price despite beating earnings and raising subscription guidance, reflecting broader anxiety about AI spending [2]. - Meta Platforms saw a 10% increase in its stock after demonstrating effective AI investment in ad targeting, while Tesla managed to exceed Wall Street expectations [3][11]. Group 2: Market Reactions - The overall market, particularly the tech-heavy Nasdaq, experienced a decline, with major indices continuing to fall after mixed earnings results [1][2]. - Apple reported record revenue for its fiscal first quarter, but its stock fell due to concerns raised by CEO Tim Cook regarding AI data center buildouts affecting the memory chip market [3][11]. Group 3: Future Outlook - The upcoming earnings reports from Alphabet and Amazon, which are projected to have a combined capital expenditure of $500 billion for 2026, will be critical in determining if these investments translate into bottom-line growth [5][11]. - The consumer sector will also be tested with reports from companies like Chipotle, Uber, and Yum! Brands, following strong performance from Starbucks [6][11]. - Current S&P 500 EPS growth for Q4 2025 stands at 11.9%, with 75% of companies beating EPS estimates, although this is slightly below historical averages [7][8].

Core Viewpoint - Uber Technologies is set to report its fourth-quarter financial results, with a focus on its ride-hail and Uber Eats businesses, as well as future plans for robotaxis [1] Earnings Estimates - Analysts expect Uber to report fourth-quarter revenue of $14.31 billion, an increase from $11.96 billion in the same quarter last year [2] - Earnings per share are anticipated to be 78 cents, up from 23 cents per share in the previous year's fourth quarter [2] - The company has consistently beaten revenue estimates in two consecutive quarters and in eight of the last ten quarters overall [2] Analyst Ratings and Price Targets - Wedbush analysts advise "incremental caution" regarding the mobility and delivery sector, maintaining a Neutral rating and a price target of $78 for Uber [4] - Other analysts have provided various ratings and price targets, including: - Needham: Buy rating with a price target of $109 - Stifel: Buy rating, price target lowered from $122 to $105 - Guggenheim: Buy rating with a price target of $135 - KeyBanc: Overweight rating, price target lowered from $110 to $105 - BTIG: Buy rating with a price target of $100 [9] Key Items to Watch - The upcoming financial results will focus on mobility and delivery, with particular interest in future financial guidance and robotaxi developments [5] - Uber has established partnerships with companies like Waymo, Lucid, Nvidia, and Weride for its robotaxi initiatives [5] - The robotaxi sector is expected to grow, but competition from Tesla could impact Uber's market position [6] - Investors are keen for more insights on robotaxis, as comments during the earnings call could influence stock performance [8] Recent Performance - In the third quarter, Uber reported year-over-year gains in mobility and delivery, with delivery revenue increasing by 29% [10] - Uber shares have seen a decline of 4.1% to $77.51, with a year-to-date decrease of 6.4% in 2026, but an increase of over 15% in the last 52 weeks [11]

Core Viewpoint - Speculation surrounding a potential merger between SpaceX and xAI is generating renewed interest in the implications for Tesla stock, particularly in the context of AI integration across Musk's companies [1] Group 1: Company Developments - SpaceX has announced the acquisition of Elon Musk's artificial intelligence company, xAI, in anticipation of a potential initial public offering (IPO) for SpaceX stock in the middle of the year [1]

Core Insights - Elon Musk's SpaceX has acquired xAI, aiming to leverage solar power for AI applications and accelerate humanity's future, with a combined valuation of $1.25 trillion [2][7] - The anticipated IPO from Musk could rival the largest tech companies in the U.S., potentially boosting Tesla's valuation as it holds stakes in xAI [3][6] Group 1 - The merger of SpaceX and xAI is positioned to create a mega company focused on space-based resources for AI development [2] - The deal has sparked speculation about a possible merger between Tesla and SpaceX/xAI, with analysts suggesting a growing likelihood of such an event [5][6] - Prediction markets indicate a 24% probability of a Tesla-SpaceX merger announcement before June 30, up from previous lower estimates [7] Group 2 - The financial implications of the SpaceX-xAI deal include expectations for the largest IPO by market cap this year, with traders placing an 88% probability on this outcome [7] - The news has revitalized interest in space-based data centers and the potential integration of Tesla into Musk's broader vision [2][4]

Core Viewpoint - A merger between Tesla Inc. and SpaceX does not make mathematical sense for Tesla's shareholders unless significant cost or revenue synergies are identified [2] Financial Implications - Tesla's stock experienced a rally of over 3% following merger speculation, while SpaceX is preparing for a potential public listing with a market cap of $800 billion at a 400x P/E ratio [3][4] - The merger would require Tesla to issue 35% new shares to align with SpaceX's valuation, resulting in a combined market cap of $2.3 trillion, compared to Tesla's current $1.5 trillion at a 200x P/E ratio [4] Shareholder Concerns - Existing institutional shareholders may be hesitant about the uncertainty of profits from space travel and communications, potentially leading to a sell-off of Tesla shares [5] - The dilution of shares by 35% is viewed as excessive given the differing P/E ratios of the two companies [4] Industrial Logic - The rationale for a merger lacks clarity, as it may not address the concerns of Tesla's shareholders despite the operational benefits it could provide to Elon Musk [6] External Opinions - Investor Michael Burry has expressed skepticism about the merger, labeling Musk as a "desperately incentivized futurist" [7]

Tesla trades at a forward price‑to‑earnings (P/E) multiple of about 248 times versus roughly 18 times for its broader sector. That premium is based on real results, even if they do not come in a straight line. In Q4 2025, Tesla delivered 418,227 vehicles — missing analyst expectations of 428,536 by 2.4% — and posted total revenue of about $24.9 billion. Automotive revenue was $17.69 billion, slightly below the $17.92 billion consensus estimate, while energy revenue of $3.84 billion and services revenue of $ ...

Tesla Inc. (TSLA) Q4 earnings, released on Jan. 28, were strong, but its near-term put options still have high yields. An investor who sells short 1-month puts at $400.00 and $395.00 can make an immediate 2.50% average investment yield. That's attractive to value investors. TSLA is at $419.213 in midday trading on Feb. 3, down over 13% from its peak of $489.88 on Dec. 16, 2025. But that's up from a recent dip of $416.26 on Jan. 29, right after its shareholder deck release the night before. TSLA hit a three ...