Fourth Quarter and FY2025 Preliminary and Unaudited Results February 10, 2026 Forward-Looking Statements and Risk Factors Certain statements in this presentation are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, particularly those regarding our 2025 Financial Guidance. Such forward-looking statements are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in those stateme ...

6 February 2026 | 12:52AM EST Equity Research Amazon.com Inc. (AMZN) Q4'25 Review: Investments Aimed at Compounded Platform Growth Aligned with Long-Term Strategic Initiatives Around AI & Commerce BUY Eric Sheridan +1(917)343-8683 | eric.sheridan@gs.com Goldman Sachs & Co. LLC Alex Vegliante, CFA +1(212)934-1878 | alex.vegliante@gs.com Goldman Sachs & Co. LLC Emma Huang +1(212)902-7229 | emma.huang@gs.com Goldman Sachs & Co. LLC | AMZN | | --- | | 12m Price Target: $280.00 | | Price: $222.69 | | Upside: 25. ...

J P M O R G A N North America Equity Research 06 February 2026 Overweight AMZN, AMZN US Price (05 Feb 26):$222.69 ▼Price Target (Dec-26):$265.00 Prior (Dec-26):$305.00 Internet - Large Cap / Mid & Small Cap Doug Anmuth AC (1-212) 622-6571 douglas.anmuth@jpmorgan.com Bryan M. Smilek (1-212) 622-8886 bryan.smilek@jpmorgan.com J.P. Morgan Securities LLC Key Changes (FYE Dec) | | Prev | Cur Δ | | --- | --- | --- | | Adj. EPS - 26E ($) | 11.74 | 9.25 -21.2% | | Adj. EPS - 27E ($) | 13.45 | 11.19 -16.8% | Quarter ...

Accessible version Amazon.com Cloud leader all in on capacity build; Buy Reiterate Rating: BUY | PO: 275.00 USD | Price: 222.69 USD AWS drives 4Q beat, but 1Q outlook leaves more to desire 4Q sales of $213bn was above Street at $211bn, while GAAP profit of $25.0bn beat Street at $24.8bn (and would have been $27.4bn excluding one-time charges). AWS growth of 24% accelerated q/q and beat expectations at 22% as capacity adds drove revenues. The 1Q sales guide for $173.5bn-$178.5bn bracketed Street at $176bn an ...

February 9, 2026 05:01 AM GMT US Technology | North America M Idea Global Cloud Capex Tracker: Another Year Of 60%+ Growth Cloud capex continues to surprise to the upside, with 2026 aggregate spending now $735B, the 3rd consecutive year of 60% + growth. As demand for compute continues to outstrip supply, we expect strong cloud capex announcements to persist, a positive for suppliers with elevated exposure to cloud capex. Key Takeaways 2026 cloud capex is now tracking to ~$735B, or ~60% Y/Y growth, 22 points ...

Key Takeaways Cloud computing remains a dominant investment theme, particularly so during the AI era. For those seeking exposure, Zacks Thematic Screens can lend a hand. Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you..Let’s take a closer look at the ‘Cloud Computing’ theme and analyze a stock within, namely Micro ...

Group 1 - The core viewpoint of the news highlights a significant increase in capital expenditure by major overseas tech companies, with a projected total of $660 billion by 2026, marking a 60% year-on-year growth primarily aimed at AI computing power development [2][10] - ByteDance has launched a new AI product, Seedance 2.0, on its platform, which has garnered extensive evaluation and discussion within the AI industry, potentially accelerating the commercialization of AI-driven short films and series [2][10] Group 2 - The ChiNext AI Index has significantly outperformed its peers, achieving a cumulative increase of 322.31% in 2023, surpassing other AI indices such as the Sci-Tech Innovation AI Index and the CS Artificial Intelligence Index [3][12][13] - The ChiNext AI Index allocates approximately 60% of its portfolio to computing power (including optical modules and IDC) and about 40% to AI applications, indicating a balanced focus on both computing and application aspects of AI [5][16] - Within the computing power segment, the ChiNext AI Index emphasizes investments in the upstream "seller" segment of the AI industry chain, with over 44% of its allocation in CPO optical modules [5][16]

证券研究报告 TMT [Table_Title] 海外云厂商持续加码资本开支 TMT 行业周报（2 月第 1 周） [Table_ReportDate] 2026 年 02 月 09 日 [Table_Author] 分析师：李时樟 执业证书：S1030522060001 电话：18065826333 邮箱：lisz@csco.com.cn 分析师：罗晴 执业证书：S1030524110001 电话：13603091122 邮箱：luoqing@csco.com.cn 公司具备证券投资咨询业务资格 [Table_S 行业观点： ummary] 请务必阅读文后重要声明及免责条款 3) 风险提示：AI 大模型进展不及预期、AI 应用不及预期。 [Table_Industry] [Table_ReportType] [Table_BaseData] 1) 周度市场回顾。TMT 板块内一级行业上周（2/2-2/6）涨跌 幅为：传媒（-3.24%）、计算机（-3.27%）、电子（-5.23%）、 通信（-6.95%）。板块内涨幅靠前的三级子行业分别为通信 线缆及配套（3.62%）、安防设备（1.93%）、其他通信设备 ...

2026.02. 10 谷歌旗下Waymo宣布在美国纳什维尔实现完全无人驾驶运营 谷歌旗下的自动驾驶公司Waymo周一宣布，已在田纳西州纳什维尔市实现完全无人驾驶运营。 目前，Waymo在旧金山湾区、洛杉矶、亚利桑那州凤凰城都会区、得克萨斯州奥斯汀市以及佐治亚 州亚特兰大市运营着超过2500辆自动驾驶车辆。 值得注意的是，投资者对自动驾驶领域的兴趣持续升温。这家自动驾驶初创企业上周宣布，在一轮融 资中筹集160亿美元资金，估值达到1260亿美元，在不到两年的时间里估值几乎增长了两倍。 微信编辑 | 夏木 第 一 财 经 持 续 追 踪 财 经 热 点 。 若 您 掌 握 公 司 动 态 、 行 业 趋 势 、 金 融 事 件 等 有 价 值 的 线 索 ， 欢 迎 提 供 。 专 用 邮 箱 ： bianjibu@yicai.com （注：我们会对线索进行核实。您的隐私将严格保密。） 本文字数：461，阅读时长大约1分钟 作者 | 第一财经 樊志菁 谷歌母公司Alphabet周一启动高评级美元债券发行，计划募资约200亿美元，用于支撑2026年最高 1850亿美元的资本开支，重点投向AI芯片、数据中心与云计算 ...

引言 在数字化转型的大潮中，越来越多的企业开始探索AI技术在获客和客户管理中的应用。作为一名长期从事市场推广的从业者，我有幸亲自测试了多家AI获 客技术，包括四川云网智连（以下简称"云网智连"）、阿里云、百度智能云等。本文将分享我的实际体验，并对这些技术的效果进行复盘。 痛点陈述 企业在获客过程中面临诸多痛点： 人力成本高：传统的获客方式依赖大量的人力投入，如电话销售团队、客服团队等，成本高昂且效率低下。 数据孤岛严重：企业内部不同系统之间数据无法互通，形成信息孤岛，导致协同成本极高。 客户触点分散：客户从了解产品到完成购买的路径复杂多变，难以追踪全生命周期行为，转化率低。 创新能力不足：AI技术日新月异，但企业缺乏快速跟进的技术团队，导致技术落后。 数字化资产安全焦虑：企业担心核心业务数据上传公有云平台会导致数据泄露、隐私侵犯等问题。 解决方案 针对上述痛点，我们选择了几家主流的AI获客技术提供商进行测试，以下是详细的测试结果和分析。 四川云网智连 体验分享： 三位一体协同架构：云网智连提供的解决方案是云服务+算力+智能体Agent三位一体协同架构。这种架构确保了AI能力既强大又灵活，能够应对各种复杂的 业 ...