来源：证券时报e公司 2月10日晚间，美股走势分化。黄金巨震。 美股三大指数集体高开，随后维持震荡，截至发稿，纳指再度上涨。 | 道琼斯工业平均 | | | | DJIA 纳斯达克 | | | | IXIC 标普500 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 50401.39 | | | 265.52 | 329663 | | | 57.96 | 6982 02 | | | | | | | 0.53% | | | | 0.25% | | | | | 50512.79 | | | 0.7596 | 23342.50 | | | 0.4596 | 6985.77 | | | | 50324.33 + | | | 0.3896 | 23290.59 | | | 0.2296 | 6975:30 | | | | 50135.87 | | | 0.0096 | 23238.67 | | | 0.0096 | 6964.82 | | | | 49947.41 | | | 0.38% | 23186.75 | | ...

Core Viewpoint - Recent shifts in public fund allocations indicate a significant change in risk appetite, moving from high-growth technology stocks to defensive sectors such as undervalued dividend stocks and consumer services [1][2][7]. Group 1: Market Trends - Public funds are increasingly favoring defensive sectors as the market experiences volatility, particularly in high-growth areas like AI applications and semiconductors, which have seen significant declines [2][8]. - The Hang Seng Technology Index fell by 1.84% on February 4, with notable declines in popular AI stocks, prompting fund managers to adjust their risk preferences [2]. - Defensive sectors, including aviation and consumer services, have shown resilience, with the Hong Kong aviation sector rising by 5.01% on the same day [2]. Group 2: Fund Performance - The performance rankings of funds have shifted, with funds heavily invested in defensive assets, such as the Guotai Junan Stable Value Fund, seeing net value increases exceeding 8% in a week, driven by their focus on liquor stocks [3]. - Funds are actively rebalancing their portfolios, with a notable shift towards low-valuation and consumer stocks, as managers seek to mitigate risks associated with high-flying tech stocks [4][7]. Group 3: Investment Strategies - Fund managers are increasingly selling off high-flying tech stocks to invest in undervalued consumer stocks, with a focus on companies expanding their physical retail presence [4]. - The H&H International Holdings, a leading health product company, has attracted attention due to its strategic shift into new consumer markets, leading to increased institutional interest [5]. - Real estate service companies, such as Mingyuan Cloud and Country Garden Services, are also gaining traction among fund managers, indicating a growing recognition of their value at current price levels [6]. Group 4: Future Outlook - Fund managers anticipate a continued shift towards defensive sectors, driven by concerns over high valuations in technology and a desire for stable returns amid market fluctuations [7]. - The consumption sector is expected to benefit from government support aimed at boosting consumer spending, with a focus on structural growth opportunities across different income groups [8].

Market Overview - Major U.S. stock index futures are down, with Dow futures falling by 0.27%, S&P 500 futures down by 0.10%, and Nasdaq futures decreasing by 0.05% [1] Storage Sector - The storage sector is rebounding in pre-market trading, with Micron Technology up over 2% after a previous drop of over 9%, SanDisk rising nearly 3% after a nearly 16% decline, and Seagate Technology increasing by 1% following a nearly 6% drop [1] Semiconductor and Chip Equipment Stocks - Semiconductor and chip equipment stocks are experiencing gains in pre-market trading, with Broadcom rising nearly 6%, and AMD and NVIDIA both increasing by over 2%. Alphabet, Google's parent company, indicated that its capital expenditures could double by 2026 [1] AI Application Software Stocks - AI application software stocks are collectively rebounding in pre-market trading, with Applovin up over 3%, Unity rising nearly 1%, Roblox increasing by over 1%, and SAP SE gaining nearly 2% [1] Chinese Concept Stocks - Chinese concept stocks are generally rising in pre-market trading, with Baidu up 4.6%, Alibaba increasing by 2.7%, Pinduoduo rising by 0.7%, and NetEase up by 0.9%. NIO's pre-market gains have expanded to 10%, with expectations of adjusted operating profit between 700 million to 1.2 billion yuan for Q4 2025, marking the company's first quarter of adjusted operating profit [1] Software Industry - The U.S. software industry has seen a market value decline of $1 trillion since 2026, with hedge funds profiting $24 billion from short-selling activities [2] Qualcomm Performance - Qualcomm's stock has dropped over 11% following its earnings report, which, despite exceeding expectations for Q1 2026, indicated a revenue forecast for Q2 between $10.2 billion and $11 billion, and adjusted EPS between $2.45 and $2.65, which fell short of expectations [2] AMD Guidance - Citigroup reported that AMD's Q1 guidance exceeded market expectations but did not meet buyer expectations, leading to a "neutral" rating [2] Alphabet and Apple Collaboration - Alphabet's CEO Sundar Pichai announced plans to collaborate with Apple to develop the next generation of Apple's foundational models based on Gemini technology, positioning Alphabet as Apple's preferred cloud service provider [3]

Market Overview - Major U.S. stock index futures are down, with Dow futures falling by 0.27%, S&P 500 futures down by 0.10%, and Nasdaq futures decreasing by 0.05% [1] Storage Sector - The storage sector saw a pre-market rebound, with Micron Technology rising over 2% after a previous drop of over 9%, SanDisk increasing nearly 3% following a nearly 16% decline, and Seagate Technology up by 1% after a nearly 6% drop [1] Semiconductor and Chip Equipment Stocks - Semiconductor and chip equipment stocks experienced a pre-market increase, with Broadcom rising nearly 6%, and both AMD and NVIDIA increasing by over 2%. Alphabet, Google's parent company, indicated that its capital expenditures could double by 2026 [1] AI Application Software Stocks - AI application software stocks collectively rebounded in pre-market trading, with Applovin rising over 3%, Unity increasing nearly 1%, Roblox up by over 1%, and SAP SE rising nearly 2% [1] Chinese Concept Stocks - Chinese concept stocks saw a general increase in pre-market trading, with Baidu rising by 4.6%, Alibaba up by 2.7%, Pinduoduo increasing by 0.7%, and NetEase rising by 0.9% [1] Software Industry Performance - The U.S. software industry has seen a market capitalization decline of $1 trillion since 2026, with hedge funds profiting $24 billion from short-selling activities [2] Qualcomm's Earnings Guidance - Qualcomm's stock fell over 11% after reporting better-than-expected earnings for Q1 of fiscal year 2026, but provided a revenue forecast for Q2 between $10.2 billion and $11 billion, which was below expectations [2] AMD's Market Guidance - Citigroup reported that AMD's Q1 guidance exceeded market expectations but did not meet buyer expectations, maintaining a "neutral" rating on the stock [2] Alphabet's Collaboration with Apple - Alphabet's CEO Sundar Pichai announced a collaboration with Apple to develop the next generation of Apple's foundational model based on Gemini technology, positioning Alphabet as Apple's preferred cloud service provider [3]

Core Viewpoint - AI application software stocks experienced a significant decline following the announcement of Google's "Project Genie," which allows users to create and interact with virtual worlds [1] Group 1: Stock Performance - Shopify (SHOP.US), Cloudflare (NET.US), and ServiceNow (NOW.US) all fell over 7% [1] - SAP SE (SAP.US) and Salesforce (CRM.US) dropped more than 5% [1] - Applovin (APP.US) decreased by over 3% [1] Group 2: Google's Announcement - Google introduced "Project Genie," a product that supports the creation and interaction of virtual worlds [1] - The company stated that even in its early version, trusted testers can create diverse and engaging virtual worlds and experiences [1] - Google has launched a prototype version of "Project Genie" for AI Ultra paid subscribers in the U.S. [1]

美股AI应用软件股盘前走高 Palantir涨超2% 智通财经8月4日电，美股AI应用软件股盘前集体走高。其中，Palantir涨超2%，将于美东时间4日盘后发 布财报；Unity Software、多邻国涨近2%；AppLovin、Tempus AI涨超1%。 ...

连续逼空反弹后，指数还是迎来了调整，在美联储鹰派信号，PMI数据再创6月新低，英伟达H20被约谈等一系列消息的影响下，今天指数低开低走，成交量 接近2万亿，当然市场的调整还是像我们近期提示的一样，权重股拖累，今天银行保险证券再度下跌，周期股也出现补跌，导致指数收了一根中阴线，并且 市场的资金在板块间反复切换尝试，午后开盘就是拉科技硬件，后面又迅速回落，然后又回到雅下拉一波，又回落，接着拉创新药，资金在各大板块的回流 与分歧的各种尝试，最后还得大主力资金带路才行。 图解大盘 明天设计圈顶流Figma要上市了，公司2024年收入7.49亿美元，同比增48%。95%的世界五百强都是它的客户，气氛已经被烘托起来了，人们在等待它像 CIRCLE一样爆拉。 与Chima、Circle等今年完成IPO的独角兽一样，Figma上市备受关注的原因，一方面在于它的市值够大，另一方面在于它的股东列表足够豪华。自2012年成 立以来，Figma一共完成过8轮的公开融资，你能想到的硅谷顶级风投机构几乎都曾经参与了Figma的融资，一旦大涨明天AI应用软件应该也会不错。 监制：周海涛 路大年 新媒体：袁果 从技术走势来看，指数早盘开盘就 ...