三大股指期货齐跌，“软件股末日”论甚嚣尘上，亚马逊(AMZN.US)盘后公布财报

Market Overview - US stock index futures are all down, with Dow futures down 0.30%, S&P 500 futures down 0.52%, and Nasdaq futures down 0.68% [1] - European indices also show declines, with Germany's DAX down 0.63%, UK's FTSE 100 down 0.40%, France's CAC40 down 0.06%, and the Euro Stoxx 50 down 0.41% [2][3] - WTI crude oil prices fell by 2.15% to $63.74 per barrel, while Brent crude oil dropped by 2.06% to $68.03 per barrel [3][4] Software Sector - The software sector is experiencing significant declines, with Goldman Sachs' software index falling for the seventh consecutive day, down 19% year-to-date, contributing to a 1.4% drop in the Nasdaq 100 index [5] - Major software companies like Microsoft, Oracle, Salesforce, and Palantir have seen year-to-date declines exceeding 10%, with Adobe's stock plummeting by 20% [5] - The software sector has lost $2 trillion in market value from last year's peak, and hedge fund net positions have dropped to a historical low of 4.2% [5] Trade and Geopolitical Developments - The US is planning to establish a protected trade zone for rare earths, using tariffs to set price floors, as announced by Vice President Pence [6] - A recent Markets Pulse survey indicates that most respondents believe stock returns will outperform bonds due to international policy dynamics, with over half citing trade and geopolitical developments as the main catalysts for market volatility [6] Individual Company Updates - Amazon faces a $70 million fine from German antitrust regulators for price control practices, coinciding with its upcoming earnings report [8] - Barrick Gold reported a 64% increase in Q4 revenue and a 140% increase in dividends, announcing plans for an IPO to spin off its North American gold assets [9] - SiTime's Q4 revenue reached $113.3 million, a 66% year-over-year increase, with a strong performance in its communication and data center business [10][11] - Qualcomm's stock fell over 12% after it provided a weak earnings forecast, raising concerns about smartphone demand due to chip shortages [12] - Arm Holdings' stock dropped over 7% after its revenue forecast fell short of investor expectations, despite a 26% year-over-year revenue increase in Q3 [13] - BBVA's net profit grew by 4.1% to €2.53 billion, but increased provisions in emerging markets raised concerns about future growth [14] - Shell's Q4 adjusted profit fell to $3.26 billion, below market expectations, due to low oil prices and poor performance in its chemical business [15] - Vodafone's stock hit a one-year low despite a 6.5% increase in Q3 revenue, as growth in its key German market fell short of expectations [16] - NIO forecasts an operating profit of RMB 700 million to 1.2 billion for Q4 2025, marking its first anticipated quarterly operating profit [17]