Group 1 - Arm Holdings Plc's stock price fell over 8% after the company released its earnings outlook, which did not meet investor expectations regarding revenue from artificial intelligence-related businesses [1] - The company expects fourth-quarter revenue to be approximately $1.47 billion, slightly above the analyst average estimate of $1.4 billion, but below some forecasts that exceeded $1.5 billion [1] - For the third quarter ending December 31, Arm reported a 26% year-over-year revenue increase to $1.24 billion, with earnings per share of $0.43, both slightly above market expectations [1] Group 2 - Arm generates revenue primarily through two methods: licensing its chip designs and standards to customers and charging royalties based on the shipment volume of chips using its technology [2] - The licensing revenue for the quarter was $505 million, below the analyst average estimate of $520 million, while patent fee revenue reached $737 million, exceeding average expectations [2] - CEO Rene Haas indicated that market demand, particularly in the data center sector, has exceeded expectations, but he remains cautious about long-term growth targets, preferring to focus on specific goals [2]

分组1: Critical Minerals and U.S.-China Relations - The Trump administration is initiating a new partnership to stabilize prices for critical rare earth minerals, aiming to create a trading block with allied nations [4][5] - Vice President JD Vance announced adjustable tariffs on imported rare earth minerals to establish a price floor, encouraging investment in U.S. mining [5][6] - China currently controls approximately 90% of rare earth processing capacity, posing a significant challenge to U.S. efforts to build its own supply chain [10][11] 分组2: Oil Industry Insights - Philip 66 reported strong earnings, driven by high demand and favorable Venezuelan crude supply dynamics, achieving record performance in refining and midstream operations [27][28] - The company operates at 99% refining utilization, benefiting from a widening heavy crude differential, which enhances margins [31] - The chemical business is currently facing a cyclical trough but remains profitable due to low-cost operations [32][33] 分组3: Market Trends and Stock Performance - Snap reported better-than-expected fourth-quarter earnings and announced a $500 million stock repurchase program, indicating strong financial health [44] - Elfy's stock surged after exceeding third-quarter expectations and raising full-year earnings guidance, reflecting confidence in market share growth [46] - ARM Holdings faced pressure despite beating third-quarter earnings expectations, as its fourth-quarter outlook did not meet Wall Street's expectations [47]

2026年2月5日 星期四 V 商务部定于2月5日举行新闻发布会, 商务领域重点工作有关情况 2 美国1月24日当周续请失业救济人数 3 美国1月31日当周首次申请失业救济 4 光伏行业2025年发展回顾与20269 研讨会将于2月5日举办 1 习近平同美国总统特朗普通电话 2月4日晚，国家主席习近平同美国总统特朗普通电话。习近平指出，只要双方秉持平等、尊重、互惠的态度相向而行，就可以找到解决彼此关切的办法。双 方要按照我们达成的共识，加强对话沟通，妥善管控分歧，拓展务实合作，不以善小而不为，不以恶小而为之，一件事一件事去做，不断积累互信，走出一 条正确相处之道，让2026年成为中美两个大国迈向相互尊重、和平共处、合作共赢的一年。（央视新闻） 2 隔夜市场 美股三大指数收盘涨跌不一，道指涨0.53%，纳指跌1.51%，标普500指数跌0.51%，热门科技股普遍下跌，AMD跌超17%，英伟达、特斯拉、博通、Meta跌 超3%，谷歌、亚马逊跌超2%，苹果涨超2%；半导体设备与材料、存储概念股、加密矿企跌幅居前，闪迪跌近16%，美光科技跌超9%，西部数据跌超7%。 纳斯达克中国金龙指数跌1.95%，中概股普跌，哔哩 ...

每经编辑｜王瀚黎 王晓波 2月4日，国新办就锚定农业农村现代化、扎实推进乡村全面振兴有关情况举行新闻发布会。中央财办副主任、中央农办副主任祝卫东提及，要盘活用好农村 闲置资源资产。依法盘活用好闲置土地和房屋，有序推进农村集体经营性建设用地入市，赋予农民更加充分的财产权益，创造条件多渠道增加农民财产性收 入。"同时，要守好这方面的底线和红线，严禁农村集体经营性建设用地入市用于建设商品住房，严查严防违法违规购买农房宅基地，加强农房租赁规范管 理。"祝卫东说。 V 商务部定于2月5日举行新闻发布会, 商务领域重点工作有关情况 2 美国1月24日当周续请失业救济人数 3 美国1月31日当周首次申请失业救济 4 光伏行业2025年发展回顾与20269 研讨会将于2月5日举办 1 习近平同美国总统特朗普通电话 2月4日晚，国家主席习近平同美国总统特朗普通电话。习近平指出，只要双方秉持平等、尊重、互惠的态度相向而行，就可以找到解决彼此关切的办法。双 方要按照我们达成的共识，加强对话沟通，妥善管控分歧，拓展务实合作，不以善小而不为，不以恶小而为之，一件事一件事去做，不断积累互信，走出一 条正确相处之道，让2026年成为中美两 ...

Qualcomm - First quarter EPS reported at 350, exceeding expectations by 9 cents, with revenue at $12.25 billion, slightly above the expected $12.2 billion [1] - For Q2, EPS forecasted between 245 and 265, with revenue expected between $10.2 billion and $11 billion, missing the estimate of $11.1 billion due to a memory shortage [2] - Shares dropped over 4.5% following the earnings report, reflecting concerns over guidance and ongoing memory issues [3][4] Alphabet - Google search revenue reported at $63.07 billion, beating expectations of $61.37 billion, while Google services revenue was $95.86 billion, also above the expected $94.9 billion [7] - YouTube ad revenue at $11.38 billion missed the estimate of $11.7 billion, and overall Google ad revenue was $82.28 billion, surpassing expectations [8] - Capex for the quarter significantly higher at $91.45 billion compared to the expected $28 billion, raising concerns about spending discipline [11][19] ARM Holdings - EPS came in at 43 cents, better than the expected 41 cents, with revenue for the fiscal third quarter at $1.24 billion, slightly above the $1.23 billion estimate [31] - Royalty revenue grew by 27% year-over-year to a record $737 million, but licensing revenue missed expectations at $505 million [31] - Guidance for the upcoming quarter forecasts revenue of $1.47 billion, slightly below analyst projections [32] Snap - EPS reported at 3 cents, up from a loss a year earlier, with revenue increasing 10% to $1.72 billion, slightly better than expectations [41] - Daily active users at 474 million, meeting estimates but showing mixed regional performance [42] - Guidance for future revenue slightly below analyst expectations, raising concerns about monetization and competition [44][49]

By Juby Babu, Max A. Cherney and Stephen Nellis Feb 4 (Reuters) - Shares of Arm Holdings fell on Wednesday as its licensing revenues fell short of Wall Street estimates, despite a push by the company to boost the segment with new ​chip technology designs. Arm shares were down about 8% in after-hours trading. The company's miss on licensing revenues and results on Wednesday ‌from chip supplier Qualcomm - which expects a global memory supply shortage to hit mobile phone sales - pressured the stock, anal ...

Core Viewpoint - Alphabet is expected to report strong earnings with an adjusted EPS of $264 and revenue exceeding $111 billion, reflecting a significant growth trajectory over the past year, with shares up over 65% [1][2]. Financial Performance Expectations - Analysts anticipate continued double-digit growth across Alphabet's core businesses, including search, YouTube, and cloud services, with cloud growth expected to exceed 30% [3][4]. - The company is expected to maintain mid-teen growth on the top line, driven by strong performance in the advertising market and investments in AI technology [3][4]. Investment and Market Position - Alphabet has demonstrated a capacity to find new growth markets, such as cloud services and AI investments, even when growth appears to be slowing [5]. - The company is perceived to have better spending discipline compared to competitors, which may enhance its market position [5][6]. Capital Expenditure Insights - There is an expectation that Alphabet's capital expenditures (capex) may come in higher than previous quarters, reflecting the need to invest aggressively in AI and technology to maintain competitive advantage [8][9]. - The market dynamics suggest that overspending may be more beneficial than underspending in the current environment, indicating Alphabet's commitment to aggressive investment strategies [8][9]. Market Reactions and Trading Strategies - The high expectations for Alphabet's earnings report may lead to volatility in stock performance, even if the company beats earnings estimates [11][12]. - Options trading strategies are being considered to capitalize on potential stock movements, with a focus on managing risk amid high implied volatility [16][17].

Market Overview - US stocks exhibited mixed performance as Wall Street evaluated a new wave of earnings while awaiting Alphabet's results, with a notable shift from tech stocks to blue-chip names [1] - The Dow Jones Industrial Average rose approximately 0.6%, while the S&P 500 decreased by 0.3%, and the Nasdaq Composite fell over 1% [1] AI Impact on Stocks - Wall Street is grappling with fears of AI disruption, leading to a significant sell-off in software stocks that affected global markets, including Europe and Asia [2] - The broader pessimism surrounding AI has prompted a rotation from high-profile tech stocks to value stocks, negatively impacting companies like Nvidia and Microsoft [2] Upcoming Earnings Reports - Attention is focused on the upcoming earnings results from Alphabet and Arm Holdings, particularly regarding AI demand, followed by Amazon's quarterly report [3] Earnings Expectations - JPMorgan indicated that even strong earnings reports may not suffice to reassure the market unless companies can demonstrate that AI will act as a tailwind rather than a headwind [4] - Advanced Micro Devices experienced a sharp decline in shares due to a weak sales outlook, raising concerns about its competitiveness against Nvidia in the AI sector [4] Labor Market Insights - An ADP report revealed that employers added only 22,000 jobs in January, significantly below the expected 45,000, highlighting potential weaknesses in the labor market [5] Pharmaceutical Sector Performance - Eli Lilly's stock surged following a positive profit forecast for 2026, driven by increased demand for its weight-loss drugs [6] - Conversely, shares of Novo Nordisk plummeted after the company projected a significant decline in sales, surprising investors [6]

With Arm Holdings plc’s (ARM) fiscal third-quarter earnings report set to drop after the market close on Feb. 4, investors are bracing for a pivotal update that could reshape sentiment around this high-profile chip architecture designer. ARM shares have experienced weak momentum recently as the broader semiconductor sector oscillates and analysts reassess growth prospects, yet the company’s expanding footprint in artificial intelligence (AI)-enabled designs and new strategic initiatives keep market focus s ...

Market Overview - U.S. stock futures are showing mixed performance as investors analyze corporate earnings and AI stock valuations [1][2] - Major indexes experienced a pullback on February 3, 2026, with the S&P 500 down 0.8% to 6,917.81, Nasdaq Composite down 1.4% to 23,255.19, and Dow Jones down 0.3% to 49,240.99 [3] Premarket Trading - S&P 500 futures are slightly up by 0.01% to 0.23%, while Dow Jones futures have risen between 0.1% and 0.28% [2] - Nasdaq 100 futures are down approximately 0.19%, indicating ongoing pressure on technology stocks [2] Earnings Releases - Notable premarket earnings reports are expected from Eli Lilly and Company (LLY), AbbVie Inc. (ABBV), Uber Technologies, Inc. (UBER), UBS Group AG (UBS), Boston Scientific Corporation (BSX), and CME Group Inc. (CME) [5] - Post-market earnings reports will include Alphabet Inc. (GOOGL), Qualcomm Incorporated (QCOM), ARM Holdings plc (ARM), O'Reilly Automotive, Inc. (ORLY), Snap Inc. (SNAP), and e.l.f. Beauty, Inc. (ELF) [6] Economic Data - Key economic reports to be released include the January ADP Employment Report and the January ISM Non-Manufacturing Composite index, which will provide insights into the U.S. labor market and services sector [7] Federal Reserve and Monetary Policy - The Federal Reserve maintained the federal funds rate at a target range of 3.5% to 3.75% during its January 2026 meeting, following three consecutive rate cuts [8] - Speculation exists regarding future monetary policy, especially with the nomination of Kevin Warsh as a potential successor to Jerome Powell [9] Major Stock Movements - Advanced Micro Devices (AMD) shares fell around 7% in premarket trading despite exceeding earnings forecasts, reflecting broader tech sell-off concerns [10] - Palantir Technologies Inc. (PLTR) rose 6.8% after reporting positive results, while Super Micro Computer, Inc. (SMCI) gained 11.12% [11] - The market is shifting towards value stocks, with energy, healthcare, and industrials showing early 2026 outperformance compared to tech [12]