就在本月4日，美国投资机构施蒂费尔公司也在研报中将微软股票评级从"买入"下调至"持有"，并对微软云计算业务的增速发出警告，指出市场对微软2027 年的一致预期"过于乐观"，与当前行业竞争格局及公司发展现状不符。 转载请注明央视财经 （央视财经《天下财经》）据彭博社等媒体9日报道，当天，美国梅利乌斯研究公司将微软公司的股票评级从"买入"下调至"持有"。这是微软股票在不到一 周时间内，两次被下调评级。 当地时间9日，美国梅利乌斯研究公司将微软公司的股票评级从"买入"下调至"持有"，理由是担忧其资本支出过高以及公司软件销售可能受到人工智能领域 快速发展的冲击。梅利乌斯研究公司表示，受Anthropic推出的AI办公软件冲击，微软公司旗下的办公产品销售面临挑战，甚至可能需要免费提供人工智能 助手Copilot才能维持竞争力。而从长期来看，这会推高公司成本，压缩盈利空间。该公司还指出，微软要想跟上字母表和亚马逊的步伐，就必须大幅增加资 本支出，但这意味着其自由现金流可能再度承压。若不增加相关投入，则可能在行业竞争中落后，陷入两难境地。 编辑：令文芳 ...

Market Overview - US stock market closed lower, with the Dow Jones down 243.36 points (0.52%) at 46,358.42, the Nasdaq down 18.75 points (0.08%) at 23,024.63, and the S&P 500 down 18.61 points (0.28%) at 6,735.11 [4] - The Nasdaq and S&P 500 indices reached intraday historical highs before retreating [2] Federal Reserve Insights - Federal Reserve's Williams supports further interest rate cuts within the year to address potential labor market slowdowns [6] - Fed Governor Barr emphasizes caution regarding further rate cuts, focusing on inflation risks while acknowledging vulnerabilities in the labor market [7] Tesla Investigation - Approximately 2.9 million Tesla vehicles with Full Self-Driving (FSD) may have safety issues, leading to a federal investigation [10] - Reports indicate that FSD has been linked to multiple accidents, including running red lights and other traffic violations [10] Ferrari Stock Performance - Ferrari's stock plummeted 15%, marking its worst trading day since going public [16][17] - The company updated its revenue guidance for the year to exceed €7.1 billion, slightly above the previous target of "not less than €7 billion" [20] - For 2030, Ferrari anticipates revenue of €9 billion and adjusted EBITDA of at least €3.6 billion, indicating a compound annual growth rate of 6%, which is lower than the previously suggested 10% [21][22]