February 4, 2026 10:00 PM GMT Global Economic Briefing AI Imports in Overdrive, Macro and Micro Perspectives US AI-linked imports help show the scale of AI capex to date as well as the drive for investment going forward. At a fundamental level, the pace of technological change requires continued investment to keep pace for AI to reach its full potential. Key Takeaways Morgan Stanley & Co. LLC Seth B Carpenter Chief Global Economist Seth.Carpenter@morganstanley.com +1 212 761-0370 Stephen C Byrd Equity Analy ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through to that closing bell with a global simulcast. Carol Massar Tim Stenovec.Bring them in right now as you welcome our audiences across all of our Bloomberg platforms Television, Radio. Our partnership with YouTube. Another wild and crazy day here on Wall Street Carol Massar and some big earnings that are across the wire in a matter of minutes.Right. And one of those big earnings, pro ...

Financial Data and Key Metrics Changes - The company reported record revenues of $12.3 billion and non-GAAP earnings per share (EPS) of $3.50 for fiscal Q1 2026, with non-GAAP EPS at the high end of guidance [5][17] - QCT revenues reached a record $10.6 billion, with strong year-over-year growth across automotive and IoT segments [17] - Licensing business revenues were $1.6 billion, with an EBT margin of 77%, driven by higher units and favorable mix [17] Business Line Data and Key Metrics Changes - QCT handset revenues reached a record $7.8 billion, benefiting from recently launched flagship smartphones [17] - QCT IoT revenues grew 9% year-over-year to $1.7 billion, driven by demand across consumer and networking products [17] - QCT Automotive revenues grew to $1.1 billion, up 15% year-over-year, reflecting increased demand for Snapdragon Digital Chassis platforms [17] Market Data and Key Metrics Changes - Global consumer demand for handsets, particularly in the premium and high-tier segments, exceeded expectations, with healthy sell-through observed [5] - The handset industry is expected to face constraints due to memory availability and pricing, particularly DRAM, as suppliers redirect capacity to meet AI data center demand [5][6] Company Strategy and Development Direction - The company is focused on expanding its presence in the premium and high-tier smartphone segments, with a dual flagship product strategy that has seen broad OEM adoption [6][7] - The company is also investing in AI-native smartphones and intelligent wearables, positioning Snapdragon platforms as the choice for the industry [7][8] - In automotive, the company aims to reinforce its technology leadership with multiple design wins and collaborations with major automakers [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the fundamentals of the handset business despite near-term challenges related to memory supply and pricing [19] - The company anticipates returning to prior growth trajectories for QCT handset revenues once memory supply normalizes [19] - Management remains optimistic about the long-term growth potential in automotive and IoT, with expectations for continued revenue acceleration [21] Other Important Information - The company completed the acquisition of Alphawave Semi, enhancing its high-speed wire connectivity technologies [15] - The company is actively engaging with leading hyperscalers and cloud service providers to develop data center solutions [14] Q&A Session Summary Question: What factors are driving the weakness in handset outlook beyond memory pricing? - Management indicated that the weakness is entirely related to memory availability, with strong microeconomic indicators and handset demand observed [26][27] Question: Is the automotive revenue growth driven by ADAS wins? - Management confirmed that the automotive pipeline continues to translate into revenue, with new car launches contributing to record revenues [29][30] Question: How is the company managing the memory supply situation? - Management clarified that they do not purchase memory directly but work closely with customers who do, ensuring flexibility with various memory providers [69][70] Question: What is the outlook for the data center business? - Management stated that progress is on track, with positive feedback from engagements with hyperscalers and cloud service providers [35][36] Question: How does the company view the impact of memory shortages on the overall handset market? - Management emphasized that the size of the handset market will be determined by memory availability, with expectations for premium and high-tier segments to remain resilient [40][76]

>> BLOOMBERG TECH IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. >> THIS IS BLOOMBERG TECH. PALANTIR SHARES RISING AFTER THE COMPANY EXCEEDED WALL STREET EXPECTATIONS WITH ITS REVENUE FORECAST. >> AND DISNEY PARKS CHIEF WILL SUCCEED BOB IGER AS CEO. OUR CONVERSATION WITH THE DISNEY CHAIRMAN ABOUT THE NEWS LATER THIS HOUR. >> ELON MUSK IS COMBINING SPACEX AND XAI VALUING THE ENTITY AT $5.2% TRILLION. >> WE ARE BACK TO THE NORMAL STATE OF PLAY. STOCKS, BOND AND DOLL ...

Microsoft (NasdaqGS:MSFT) 2026 Conference February 03, 2026 02:40 PM ET Company ParticipantsKevin Scott - CTOModeratorI don't think, Kevin, I've shared this story too many times, but you're probably the first person, it's seven years ago, I was asking you, like, "What do you think is coming down the pike?" And you just shook your head. I still remember this moment so distinctly, and you said, "Everything's gonna get turned so upside down with AI, and people have no idea." And that's because you were working ...

Eli Lilly and Company (NYSE:LLY) is one of the stocks on Jim Cramer’s recent game plan. Cramer highlighted what “drives the stock,” as he remarked: Wednesday morning, Eli Lilly reports. Its earnings haven’t been the propellant here. What drives the stock are new reports on GLP-1 clinical trials. But Lilly could announce some new data, and that could get the stock rolling. Stock market data. Photo by Alesia Kozik on Pexels Eli Lilly and Company (NYSE:LLY) develops and markets medicines for diabetes, ob ...

一、行情回顾 市场全天探底回升，沪指、创业板指涨超1%，深成指涨逾2%。太空光伏概念集体爆发，帝科股份、海优新材等多股涨停。CPO等算力硬件股延续涨势，罗 博特科、天通股份等涨停。商业航天概念股走强，航天发展、航天控制等涨停。个股呈现普涨态势，沪深京三市超4800股飘红，今日成交2.56万亿。 二、当日热点 1.光伏 光伏板块今日再度大涨，双良节能、奥特微、鹿山新材、福斯特等多股涨停。 | 天1寸牡 | 116.24 | +20.00% | 10:53:49 | 0% | 0 | 11// 10%土均ເບນ | | --- | --- | --- | --- | --- | --- | --- | | 688516.SS | | | | | | (21700)模块自动化 | | | | | | | | 作 | | 鹿山新材 | 26.51 | +10.00% | 11:09:48 | 9.56% | 42.85亿 | 公司针对太空光伏 | | 603051.SS | | | | | | 户出货多年 | | 福斯特 | 18.70 | +10.00% | 11:28:59 | 3.83% | 487.83亿 | ...

2月3日，存储、半导体设备、卫星产业等热门板块再度走强。半导体设备ETF（561980）午后上涨1.25%、一度张超1.8%，实时成交额2.23亿 元；资金面数据显示，该ETF最近10个交易日累计获得资金净流入约4.83亿元。 成份股涨跌互现，中微公司、中科飞测涨超3%，长川科技、华峰测控涨超6%，神工股份涨超5%，盛美上海、晶瑞电材、华海清科、南大光电 等多股拉升，寒武纪、海光信息、中芯国际调整。 6 市场热点 当下正值年报披露高峰期，近期国内外多家半导体设备厂商与设计龙头业绩高增。以半导体设备ETF（561980）标的指数为例，截至1月30 日，中证半导前十大中微公司、长川科技、寒武纪等陆续公布年报预告，均实现营收、净利双增长，其中寒武纪、中科飞测首次实现归母净利 扭亏为盈。 海外方面，国际半导体设备龙头ASML（阿斯麦）、KLA（科磊）亦公布了最新财报，均显示业绩全面超预期。截至2025年年底，国产设备平 台型龙头北方华创正式跻身全球芯片设备制造商TOP5，刻蚀设备龙头中微公司新进榜单、排名第13，标志国产设备或从追赶过渡到引领。 此外，存储涨价大周期正史诗级上线，全球多家存储巨头扩产计划为设备需求提供 ...

2月3日，存储、半导体设备、卫星产业等热门板块再度走强。半导体设备ETF（561980）午后上涨1.25%、一度涨超1.8%，实时成交额2.23亿 元；资金面数据显示，该ETF最近10个交易日累计获得资金净流入约4.83亿元。 成份股涨跌互现，中微公司、中科飞测涨超3%，长川科技、华峰测控涨超6%，神工股份涨超5%，盛美上海、晶瑞电材、华海清科、南大光电 等多股拉升，寒武纪、海光信息、中芯国际调整。 当下正值年报披露高峰期，近期国内外多家半导体设备厂商与设计龙头业绩高增。以半导体设备ETF（561980）标的指数为例，截至1月30 日，中证半导前十大中微公司、长川科技、寒武纪等陆续公布年报预告，均实现营收、净利双增长，其中寒武纪、中科飞测首次实现归母净利 扭亏为盈。 海外方面，国际半导体设备龙头ASML（阿斯麦）、KLA（科磊）亦公布了最新财报，均显示业绩全面超预期。截至2025年年底，国产设备平 台型龙头北方华创正式跻身全球芯片设备制造商TOP5，刻蚀设备龙头中微公司新进榜单、排名第13，标志国产设备或从追赶过渡到引领。 此外，存储涨价大周期正史诗级上线，全球多家存储巨头扩产计划为设备需求提供长期确定性。 ...

Accessible version US Semiconductors State of the Union: robust AI capex poised to extend a broadening SOX rally Industry Overview SOX off to a solid Jan, AI capex could keep party going Despite a wall of worries re AI funding, valuations and interest rate volatility, chip stocks (SOX index) are off to a solid start, up ~13% YTD, marking the second-best Jan in past 20 years and well ahead of the SPX up just 1%. Notably this outperformance has occurred without participation from compute leaders NVDA (+2.5% Y ...