Market Overview - Dow futures rose by 0.10%, S&P 500 futures increased by 0.22%, and Nasdaq futures gained 0.25% [1] Chinese Stocks Performance - Chinese stocks showed mixed results in pre-market trading, with Xpeng Motors up over 2.5%, NIO up over 1.5%, Alibaba down nearly 2%, and JD.com down over 1% [2] Company-Specific News - Firefly Aerospace saw a pre-market drop of over 10%. The company went public this week, with its first-day closing up 34.11%, reaching a market value of approximately $8.5 billion [2] - Gilead Sciences experienced a pre-market increase of nearly 3%. The company reported a 4% year-over-year growth in product sales (excluding remdesivir), totaling $6.9 billion for Q2 2025 [2] - Intel's stock rose nearly 1% after CEO Pat Gelsinger responded to calls from President Trump for his resignation, stating he has full support from the board [2] - Tesla's stock fell by 1.97% as the company reportedly disbanded its Dojo supercomputer team, with plans to rely more on external technology partners like NVIDIA and AMD [2] Technology Developments - Microsoft announced the integration of OpenAI's GPT-5 into its Copilot ecosystem, enhancing reasoning and task-specific responses [3] - TSMC reported a 26% year-over-year revenue growth for July, indicating increased spending by tech companies on artificial intelligence and a rising demand for AI chips [3] Economic Insights - JPMorgan noted that the nomination of Stephen Miran to the Federal Reserve Board by President Trump could increase the likelihood of a rate cut in September [3]

Group 1 - Dow futures rose by 0.10%, S&P 500 futures increased by 0.22%, and Nasdaq futures gained 0.25% [1] - Chinese concept stocks showed mixed performance, with Xpeng Motors up over 2.5% and NIO up over 1.5%, while Alibaba fell nearly 2% and JD.com dropped over 1% [1] - Firefly Aerospace saw a pre-market drop of over 10% after its first trading day, where it closed up 34.11% with a market capitalization of approximately $8.5 billion [1] - Gilead Sciences experienced a pre-market increase of nearly 3%, reporting a 4% year-over-year growth in product sales (excluding remdesivir), reaching $6.9 billion [1] - Intel's CEO responded to calls from President Trump for his resignation, stating he has full support from the board, leading to a nearly 1% pre-market rise in Intel's stock [1] Group 2 - Tesla is reportedly disbanding its Dojo supercomputer team, with plans to rely more on external technology partners like NVIDIA and AMD, resulting in a 1.97% drop in Tesla's stock [2] - Microsoft announced the integration of OpenAI's GPT-5 into its Copilot ecosystem, enhancing reasoning and task-specific responses [2] - TSMC reported a 26% year-over-year increase in revenue for July, indicating accelerated spending by tech companies on artificial intelligence and sustained demand for AI chips [2] Group 3 - JPMorgan indicated that the nomination of Stephen Miran to the Federal Reserve Board by President Trump may increase the likelihood of a rate cut in September [3]

① 【三大期指齐涨】道指期货涨0.10%、标普500指数期货涨0.22%、纳指期货涨0.25%。 每经记者：郑雨航 每经编辑：高涵 ⑤ 【英特尔CEO回应特朗普要其辞职的呼吁】英特尔盘前涨近1%。8月8日，英特尔首席执行官陈立武 表示，他获得董事会的全力支持，这是他首次回应美国总统特朗普以利益冲突为由要他辞职的说法。陈 立武在一份发布在英特尔网站的致员工信中表示，他已联系白宫，以澄清有关他经历的"错误讯息"。 ⑥ 【特斯拉据悉解散Dojo超级计算机团队】据外媒，特斯拉公司正在解散其Dojo超级计算机团队，该 团队负责人彼得·班农（Peter Bannon）也将离开公司。知情人士透露称，特斯拉计划加强对外部技术合 作伙伴的依赖，包括在计算方面依赖英伟达公司和超威半导体公司，在芯片制造方面依赖三星电子公 司。截至发稿，特斯拉跌1.97%。 ⑦ 【微软将把GTP-5整合到消费者、开发者和企业产品】微软CEO纳德拉在GPT-5模型发布后宣布，公 司将OpenAI的GPT-5集成到其Copilot生态系统中，包括Microsoft365Copilot、GitHubCopilot、 AzureAIFoundry和Copi ...

美股高开低走，三大指数涨跌不一。截至收盘，道琼斯指数跌0.51%，报43968.64点；标普500指数跌0.08%，报6340点；纳斯达克综合指数涨0.35%，报 21242.70点，盘中一度涨超1%。 尾盘时，据央视新闻报道，特朗普已选定现任白宫经济顾问委员会主席斯蒂芬·米兰（Stephen Miran）接替刚刚空出的美联储理事席位，任期至2026年1月31 日。 Integrity Asset Management投资组合经理Joe Gilbert表示，米兰"并不是一个预期内的选项，但也在市场所期待的框架之内。"他认为，米兰应该会支持美联储 放松货币政策。 Gilbert补充道："这强化了人们的预期，即美联储将在年内剩余时间里继续降息，鉴于理事会有三名反对者，美联储不太可能维持利率不变。" | 名称 | | 最新价 | 涨跌额 | 涨跌幅 | | --- | --- | --- | --- | --- | | 道琼斯指数 | | 43968.64 | -224.48 | -0.51% | | 标普500指数 | | 6340.00 | -5.06 | -0.08% | | 纳斯达克综合指数 | 0 | 2 ...

Core Insights - Microsoft achieved a market capitalization of over $4 trillion, becoming the second publicly traded company to reach this milestone after Nvidia, driven by strong quarterly earnings that exceeded expectations [1] Financial Performance - For the fourth quarter of fiscal year 2025, Microsoft reported revenue of $76.44 billion, an 18% year-over-year increase, surpassing market expectations of $73.89 billion [1] - Net profit for the quarter was $27.2 billion, a 24% increase compared to the same period last year, with earnings per share rising to $3.65 from $2.95 [1] Cloud Business Growth - The Intelligent Cloud segment generated revenue of $29.88 billion in the fourth quarter, a 26% year-over-year increase, exceeding market expectations of $29.1 billion [2] - Azure cloud services revenue grew by 39% year-over-year, accelerating from 33% in the previous quarter, marking the highest quarterly growth rate in two and a half years [2] - Annual revenue for Azure surpassed $75 billion, reflecting a 34% year-over-year increase, while total cloud revenue exceeded $168 billion, up 23% [2] Capital Expenditure and Future Outlook - Total capital expenditures for the fourth quarter reached $24.2 billion, a 27% year-over-year increase, setting a record for the highest quarterly spending [3] - Cash expenditures related to property and equipment were $17.1 billion, a 23% increase year-over-year, with a quarter-over-quarter increase of $2.8 billion [3] - Microsoft is accelerating data center construction to meet the rising demand for AI training and tools, having added over 2 gigawatts of data center capacity in the past 12 months [3] - The company has $368 billion in signed but undelivered orders, indicating strong future demand across its cloud business [3]