微软将首席信息安全官伊戈尔（002922）茨冈斯基调离公司安全团队，转而向微软云与AI事业部执行 副总裁斯科特.格思里汇报，茨冈斯基此前向微软安全事务负责人查理.贝尔汇报。微软发言人表示，此 举让茨冈斯基的小组更接近其帮助保护的系统。(科创板日报) ...

Group 1 - The Hang Seng Technology Index saw an increase of 2%, with notable gains from Kingdee International (over 6%), Meituan, and JD.com (over 4%), driven by a broad rally in tech stocks and improved liquidity [1] - The current rally in Hong Kong stocks is attributed to the accelerated transformation of industries represented by AI, with China's AI technology now ranking among the global leaders following the full open-sourcing of the DeepSeek model [1] - Major internet companies in Hong Kong are experiencing strong growth in capital expenditures and cloud business revenues, indicating that AI is becoming a core driver of cloud growth [1] Group 2 - In terms of capital expenditures, Alibaba and Tencent are projected to see significant year-on-year increases of 197% and 221% respectively in 2024, with strong growth momentum continuing into Q1 2025 [2] - Alibaba announced plans to invest over 380 billion yuan in cloud and AI infrastructure over the next three years, while Tencent expects its capital expenditures to approach 100 billion yuan by 2025 [2] - Alibaba Cloud reported an 18% year-on-year revenue growth for Q1 2025, while Baidu's smart cloud business achieved a remarkable 42% year-on-year growth, indicating a notable acceleration in cloud business growth [2]

海外行业报告 | 行业动态研究 亚马逊 2025Q1 业绩点评： 证券研究报告 整体业绩符合预期，AWS 增速放缓 事件： 业绩概览：亚马逊 2025Q1 净销售为 1556.67 亿美元，同比增长 10%；营 业利润 184.05 亿美元，超前期指引上限约 4 亿美元，超越彭博一致预期 175.1 亿美元；EPS 为 1.59 美元，超越一致预期 1.36 美元。一季度资本开 支为 243 亿美元。公司预计 Q2 净销售额将在 1,590-1,640 亿美元之间，预 计营业利润在 130-175 亿美元之间。 零售业务整体稳健增长，尚未看到需求显著削弱。分地区看，北美零售收 入 929 亿美元，同比增长 8%；国际零售收入 335 亿美元，同比增长 5%。 公司表示即使面临潜在关税影响，通过前置采购、多元卖家结构和供应链 多元化降低冲击，消费者尚未出现明显价格或需求变化。 AWS 收入不及预期，AI 业务年营收达数十亿美元。第一季度 AWS 收入达 293 亿美元，同比增长 17%，略低于一致预期 293.6 亿美元，AWS 运营利 润为 115 亿美元，目前 AWS 年化收入超 1170 亿美元。AI 业 ...