“AI恐慌交易”持续发酵，美股三大期指小幅走低

Market Overview - US stock index futures showed slight declines ahead of the market opening, with the Dow Jones futures down 0.05%, S&P 500 futures down 0.23%, and Nasdaq 100 futures down 0.61% [2][3] - Concerns over the disruptive impact of artificial intelligence (AI) and corporate earnings are influencing investor sentiment [1][4] Technology Sector - The "Big Tech" companies experienced declines in pre-market trading, with Apple down 0.4%, Microsoft down 0.5%, Meta down 1.1%, Amazon down 0.2%, Tesla down 1.1%, Nvidia down 1.1%, and Alphabet down 0.1% [3] - Investors are worried about high capital expenditures from major cloud service providers and are questioning when returns will materialize [3] Economic Indicators - The upcoming personal consumption expenditures report, which is the Federal Reserve's preferred inflation indicator, will be closely monitored for insights into inflation and potential impacts on interest rate cuts [4] - Corporate earnings reports from companies like Constellation Energy, eToro, and Labcorp are expected to be released before the market opens [4] European Market - Most European stock markets showed gains, with Germany's DAX index up 0.05%, the UK's FTSE 100 up 0.38%, and France's CAC40 down 0.01% [5] Corporate Developments - Warner Bros. Discovery is considering restarting acquisition talks with Paramount, leading to a 2.8% increase in Paramount's stock price in pre-market trading [6] - Tesla is hiring AI chip design engineers in South Korea, indicating a focus on expanding its AI capabilities [7] - Micron Technology is investing $200 billion to build factories to address AI memory bottlenecks, with plans for two new chip factories expected to be operational by the end of 2028 [8] - Tesla's Cybercab is set to begin production in April 2026, with no pedals or steering wheel, reflecting the company's confidence in its production timeline [9]