凤凰网财经讯 2月5日电，美股三大指数集体低开，纳指跌1.33%，道指跌0.6%，标普500指数跌0.9%。 谷歌跌超6%，公司资本支出指引过高引市场担忧。 蔚来涨超7%，公司首次录得单季度经调整经营利润。 高通跌超10%，公司Q2业绩指引疲软。减肥药概念股受挫，诺和诺德跌超4%，礼来跌超3%。 公司消息 【欧盟裁定Apple Ads和Apple Maps不符合《数字市场法》指定标准，苹果回应：欢迎】 欧盟委员会2月5日裁定，苹果公司的在线广告服务Apple Ads和地图服务Apple Maps不应被纳入《数字 市场法》（DMA）的指定范围。 欧盟委员会称得出结论，苹果在Apple Ads和Apple Maps方面不符合"守门人"的资格，因这些平台服 务"均不构成商业用户接触最终用户的重要门户"。这一评估基于多方面考虑，包括Apple Maps在欧盟的 整体使用率相对较低，以及Apple Ads在欧盟在线广告领域的规模非常有限。 苹果在一份声明中表示："欢迎欧盟委员会就Apple Maps和Apple Ads做出的决定。这些服务在欧洲面临 激烈竞争，很高兴欧盟方面承认它们不符合《数字市场法》的指定标准。" 【 ...

作者：电报君 1. 2月5日(周四)美股盘前，美股三大股指期货齐跌。截至发稿，道指期货跌0.26%，标普期货跌0.61%， 纳指期货跌0.98%。 2. 截至发稿，欧洲股市主要指数齐跌。欧洲斯托克50指数跌0.56%，英国富时100指 数跌0.48%，法国CAC40指数跌0.11%，德国DAX30指数跌0.59%。 3. 截至发稿，WTI原油跌2.06%，报 63.8美元/桶。布伦特原油跌1.97%，报68.09美元/桶。纽交所黄金跌1.39%，报4882.0美元/盎司。 市场消 息 1、美国与俄罗斯就延长新削减战略武器条约进行谈判。 2、英国宣布与美国建立伙伴关系，推动关 键矿物供应链投资。 3、美元走弱与市场波动率形成历史罕见相关性，加剧汇市震荡，上周外汇期权市 场出现两日历史天量成交。 4、美国1月挑战者企业裁员人数达10.8435万人，创2009年以来1月最高水 平，同比激增118%，主要来自运输、科技、医疗保健行业。 5、摩根大通预计今年央行黄金净买入量 将达800吨，仍比2022年之前水平高70%，并预计2026年底金价推高至每盎司6300美元。 6、英国央行 以5比4投票结果维持基准利率在3.7 ...

Core Viewpoint - The European Commission has determined that Apple Ads and Apple Maps do not meet the criteria for designation under the EU's Digital Markets Act due to their limited usage and scale in the European market [1] Group 1: Apple Ads - Apple Ads has a limited scale in the EU online advertising market, which influenced the European Commission's decision [1] Group 2: Apple Maps - Apple Maps has relatively low usage in the EU, contributing to the conclusion that it should not be designated under the Digital Markets Act [1]

Market Updates - CME Group suspended trading due to cooling issues at CyrusOne data center, impacting stock index futures [1][4] - Major ETFs showed pre-market gains: SPY +0.26%, QQQ +0.42%, DIA +0.11% [1] - European indices showed mixed performance: DAX down 0.03%, FTSE 100 up 0.11%, CAC 40 up 0.10%, Euro Stoxx 50 down 0.02% [2][3] Retail Sector Insights - Black Friday marks the start of the holiday shopping season, with NRF predicting 186.9 million shoppers, a record high [5] - Expected sales for November and December to exceed $1 trillion, but growth forecasted to slow to 3.7%-4.2% from last year's 4.8% [5] - Average spending per consumer projected at $890.49 [5] Employment Market Concerns - Goldman Sachs warns of a softening labor market, with WARN claims at the highest level since 2016, indicating rising layoffs [7] - Sectors like technology, industrial products, and food and beverage are driving the increase in layoffs [7] Cryptocurrency Market Developments - The cryptocurrency market's volatility is impacting publicly traded companies holding digital assets, leading to significant stock price declines [8] - At least 15 Bitcoin treasury companies have seen their stock prices fall below net asset value [8] - Standard Chartered predicts accelerated consolidation in the digital asset treasury sector [8] Company-Specific News - Jefferies Group is under investigation by the SEC regarding its disclosures related to First Brands, a bankrupt auto parts supplier [10] - Bawang Tea reported a 75% increase in overseas GMV for Q3, with total GMV reaching 7.93 billion yuan [11] - Apple may face strict regulations under the EU's Digital Markets Act concerning its advertising and mapping services [12]

Group 1: Market Overview - CME Group suspended trading due to cooling issues at CyrusOne data center, affecting stock index futures [1] - Major ETFs showed pre-market gains: SPY +0.26%, QQQ +0.42%, DIA +0.11% [1] - European indices showed mixed performance: DAX down 0.03%, FTSE 100 up 0.11%, CAC 40 up 0.10%, Euro Stoxx 50 down 0.02% [2][3] Group 2: Retail Sector Insights - Black Friday marks the start of the holiday shopping season, with NRF predicting 186.9 million shoppers, a record high [4] - Expected sales for November and December to exceed $1 trillion, but growth forecasted to slow to 3.7%-4.2% from last year's 4.8% [4] - Average consumer spending projected at $890.49 [4] Group 3: Employment and Economic Policies - Trump announced strict immigration policies, potentially tightening labor market supply amid weak non-farm employment data [5] - Goldman Sachs warned of a softening labor market, with WARN claims at the highest level since 2016, indicating rising layoffs in various sectors [6] Group 4: Cryptocurrency Market Dynamics - Recent volatility in the cryptocurrency market has negatively impacted publicly traded companies holding Bitcoin, leading to significant stock price declines [7] - At least 15 Bitcoin treasury companies have seen their stock prices fall below net asset value of their tokens [7] - Standard Chartered predicts accelerated consolidation in the digital asset treasury sector [7] Group 5: Corporate Developments - Jefferies Group under investigation by SEC regarding disclosures related to bankrupt First Brands [9] - Bawang Tea reported Q3 results with global GMV of 7.93 billion yuan, net income of 3.208 billion yuan, and a 75.3% increase in overseas GMV [10] - Apple faces potential scrutiny under EU's Digital Markets Act for its advertising and mapping services [11] Group 6: Investment Trends - Bridgewater's recent investment in CoreWeave raises interest despite warnings of an AI bubble [12] - OpenAI is in talks for a $38 billion loan to expand infrastructure, highlighting the competitive landscape in AI [11]

Core Points - The European Union's antitrust regulators are evaluating whether Apple's advertising service Apple Ads and mapping service Apple Maps should be subject to the strict regulations of the EU's Digital Markets Act after meeting key criteria [1] - Apple argues that its services should be exempt from these regulations, claiming that Apple Ads is not a major player in the EU online advertising market compared to competitors like Google, Meta, Microsoft, TikTok, and X [2] - The EU Commission has stated that Apple has officially reported that its advertising and mapping services meet two criteria of the Digital Markets Act: having over 45 million monthly active users and a market capitalization of €75 billion (approximately $79 billion) [1] Summary by Sections Regulatory Evaluation - The EU will make a final decision within 45 working days on whether to classify Apple Ads and Apple Maps as "gatekeepers" under the Digital Markets Act [1] - If classified as gatekeepers, Apple will need to comply with a series of mandatory obligations and prohibitions within six months [1] Apple's Position - Apple has submitted a formal rebuttal to the EU, emphasizing that Apple Ads has a significantly lower market share in the EU compared to its competitors [2] - For Apple Maps, Apple claims its usage in the EU is much lower than that of Google Maps and Waze, and it does not serve as a key intermediary connecting business users with end users [2]

Core Insights - U.S. tech giant Apple has informed the European Commission that its core platform services, Apple Ads and Apple Maps, comply with the thresholds established by the Digital Markets Act [1]

Core Insights - The article discusses the declining uniqueness of iOS as a selling point for iPhones, with users increasingly citing fewer ads on iOS as a reason for their preference [1][4] - Apple is reportedly planning to introduce advertisements in its Apple Maps application, potentially starting in 2026, to enhance visibility for businesses that pay for advertising [4][6] - Apple's hardware profit margins are significantly higher than those of Android manufacturers, allowing it to maintain a restrained advertising approach on iOS until now [6][8] Group 1: iOS Advertising Landscape - iOS has historically had fewer ads compared to Android, but this does not mean the absolute value of iOS ads is low [4] - Apple has primarily relied on Apple Search Ads for advertising within iOS, with little systematic ad display until now [6] - The introduction of ads in Apple Maps may signal a shift in Apple's strategy as it seeks to catch up in the AI sector [6][8] Group 2: AI Talent and Competition - Apple's AI team is facing significant talent loss, with key members leaving for competitors like Meta and OpenAI, highlighting a crisis in its AI development efforts [8] - The competition for AI talent has intensified, with companies like Meta offering substantial salaries, making it difficult for Apple to retain top talent [8][10] - The rising costs of AI research and development resources are pushing companies, including Apple, to explore new revenue streams such as advertising [8][10] Group 3: Advertising Potential in Maps - The combination of maps and advertising presents lucrative opportunities, as evidenced by Google's successful implementation of Google My Business [10][12] - Apple could monetize its Maps application by highlighting paid advertisers in search results and suggesting paid locations during navigation [12] - Users are likely to accept this form of advertising, as similar models have been prevalent in online search engines for years [12]

Core Insights - Apple is pursuing a satellite internet strategy, planning to introduce 5G NTN (Non-Terrestrial Network) technology in the upcoming iPhone model [1] - The company has been developing its satellite capabilities for about a decade, initially aiming to replace traditional cellular networks entirely [1][7] - Apple has expanded its satellite services, including emergency SOS features and non-emergency satellite messaging, relying on Globalstar's satellite network [2][4] Group 1 - Apple is developing multiple satellite functionalities, including APIs for third-party developers, satellite-enabled Apple Maps, and enhanced satellite messaging that supports image transmission [5] - Significant upgrades to Globalstar's satellite infrastructure are necessary to achieve these functionalities, with Apple providing financial support [6] - Internal debates exist within Apple regarding whether to build its own satellite services, with a growing consensus against becoming a telecom operator [7] Group 2 - Despite internal debates, there are strong reasons for Apple to continue developing its satellite capabilities, as satellite communication may become a mainstream technology for mobile connectivity [8] - Apple's current satellite agreements are primarily compatible with Globalstar, limiting flexibility in switching suppliers [8] - The strategy includes offering core satellite functionalities as free services to boost iPhone sales while charging for advanced features through partnerships with telecom operators or satellite service providers [8] Group 3 - The competitive landscape is changing, with Globalstar facing financial pressures and potential acquisition interest from SpaceX [8] - A partnership with SpaceX could facilitate the launch of premium satellite service packages, including voice calls, video chats, and web browsing via satellite [9]

Core Viewpoint - The article discusses the shift in Apple's core values from prioritizing user experience under Steve Jobs to focusing on profit under Tim Cook, suggesting that the company's original "red line" of maintaining a pure user experience is becoming increasingly blurred [1][10]. Group 1: Historical Context - Steve Jobs emphasized a clear value system centered around innovation, design, and user experience, which he believed was essential for attracting new users and fostering brand loyalty [1][4]. - Upon his return to Apple in the late 1990s, Jobs established a blueprint that prioritized user experience above all else, willing to invest heavily in enhancing it while rejecting any suggestions that could compromise it [1][8]. Group 2: Current Developments - Recent reports indicate that Apple Maps will begin displaying advertisements, similar to the App Store, which raises questions about the impact on user experience [4][5]. - The decision to introduce ads is driven by the potential for new revenue streams, highlighting a shift in focus towards financial gain rather than user satisfaction [4][5]. Group 3: Leadership Comparison - The article contrasts Jobs' leadership style with that of Tim Cook, suggesting that Cook lacks the same level of commitment to user experience, which has led to the erosion of the original "red line" [11]. - Jobs famously rejected the idea of incorporating ads into Mac OS, prioritizing the purity and elegance of the user interface over potential revenue, a stance that Cook does not seem to uphold [8][11]. Group 4: Implications for the Future - The article concludes that the longevity of Apple's commitment to user experience depends on the leadership's willingness to maintain it; without such commitment, the "red line" may continue to fade [10][11]. - While Apple remains a powerful company, the shift from a focus on user experience to profit raises concerns about its purity and integrity as a brand [11].