<p>伦敦，2 月 6 日：大型科技公司计划在 2026 年进行 6000 亿美元的人工智能支出，这让投资者感到不安，因为他们在评估盈利能力的影响以及对软件公司的潜在生存威胁。亚马逊表示其资本支出可能是去年同期的两倍，周五在盘前交易中大幅下跌，而其他大型科技公司的股价则上涨，华尔街股指期货也有所回升。与此同时，数据分析公司的股票继续承压，投资者担心它们面临来自强大新 AI 模型的生存威胁。伦敦上市的励讯集团股价下跌 4.8%，并在自 2020 年以来的最糟糕一周中预计将下跌 17%，而标准普尔 500 软件和服务指数本周已下跌近 10%，印度的 IT 指数也下跌了约 7%。字母表和亚马逊，这两家被称为美国最大公司的 “七巨头” 之一，本周透露计划在 AI 基础设施上的支出远超预期。尽管市场反应谨慎，导致股价下跌，但分析师表示它们仍有盈利空间。尽管分析师认为股市的抛售过度，但投资者仍然保持谨慎。伦敦圣詹姆斯广场的股票策略师卡洛塔·埃斯特拉奎斯·洛佩斯表示：“在 AI 乐观情绪高峰期，能够推动股价创下新高的头条新闻，现在被投资者解读得更加谨慎。” 她补充道：“投资者担心的不仅仅是投资回报，还有狭窄市场领导地位的风险，这种领导地位难以超越少数几家大型公司的范围。” 数据分析公司受到冲击 软件和数据分析公司的抛售是由 Anthropic 的 Claude 新插件引发的。伦敦证券交易所集团的股价周五有所回升，但本周仍下跌近 6%，这是连续第二周大幅亏损。本周与 AI 相关的股票回调对更广泛的股市造成了压力。全球股市有望迎来自 11 月以来最糟糕的一周，下跌 1.6%。广泛的标准普尔 500 指数下跌 2%，而美国软件和数据服务公司的市场价值自 1 月 28 日以来蒸发了约 1 万亿美元。这一抛售在印度尤为严重，软件出口商的股价周五再次下跌 2%，结束了一周内损失了 225 亿美元市场价值。投资者对潜在的 AI 驱动的颠覆感到紧张，同时也越来越倾向于惩罚大型科技公司，因为它们暗示将对该技术进行更重的支出。谷歌母公司字母表周四也提高了其支出计划，导致其股价一度下跌 8%，尽管最终收平。字母表的股价在周五的盘前交易中保持平稳。“字母表和亚马逊都实现了强劲的基本业务表现，得益于云计算的超预期增长。但这还不足以让市场忽视它们不断膨胀的资本投资计划，” Hargreaves Lansdown 的股票分析师阿林·奇克里表示。</p>

励讯集团

<p>大型科技公司计划在 2026 年前投资 6000 亿美元于人工智能，这引发了投资者对盈利能力和竞争的担忧。亚马逊的资本支出可能会翻倍，导致其股价下跌，而其他科技股则上涨。数据分析公司面临压力，励讯集团的股价大幅下跌。分析师认为市场的反应可能被夸大，但投资者仍保持谨慎。更广泛的股市经历了自 11 月以来最糟糕的一周，软件和数据服务行业遭受重大损失，尤其是在印度</p>

<p>LONDON, Feb 6 : A planned $600 billion artificial intelligence spending splurge by big tech firms in 2026 is adding to investor unease as they assess the implications for profitability as well as a potential existential threat to software firms. Amazon, which said its capital expenditure could double from a year ago, fell sharply in pre-market trading on Friday, while shares in other big tech companies rose and Wall Street stock futures firmed. Meanwhile, shares in data analytics firms continued to come under selling pressure on concerns that they face an existential threat from powerful new AI models. London-listed RELX's shares were down 4.8 per cent and set for a 17 per cent tumble in their worst week since 2020, while the S&amp;P 500 software and services index &lt;.SPLRCIS&gt; has fallen almost 10 per cent this week and India's IT index has shed around 7 per cent. Alphabet and Amazon, members of the so-called Magnificent 7 group of the largest U.S. companies, revealed plans this week to spend much more than anticipated on AI infrastructure. While markets reacted with concern, knocking the shares, analysts said they have room because they are profitable. Although analysts said the stock market selloff has been overdone, investors remain cautious. &#34;Headlines that would have pushed shares to fresh highs during the peak of AI optimism are now being interpreted far more cautiously by investors,&#34; said Carlota Estragues Lopez, equity strategist at St. James's Place in London. &#34;It's not just return on investment that worries investors, but also the risk of narrow market leadership that struggles to broaden beyond a handful of mega-cap names.&#34; JOLT TO DATA ANALYTICS FIRMS A selloff in software and data and analytics firms was triggered by a new plug-in from Anthropic's Claude. Shares in London Stock Exchange Group clawed back some ground on Friday, but the price was still down almost 6 per cent for the week in a second straight week of sharp losses. This week's drawdown in AI-exposed shares has weighed on broader equity markets. Global shares are on track for the worst week since November, down 1.6 per cent. The broad S&amp;P 500 index is off 2 per cent, while U.S. software and data services companies have seen around $1 trillion in market value evaporate since January 28. The rout has been particularly acute in India, where shares of software exporters plunged another 2 per cent on Friday as they ended a week that has seen $22.5 billion in market value losses. Investor nerves over potential AI‑driven disruption are coinciding with a growing tendency to punish big tech firms for signaling even heavier spending on the technology. Google parent Alphabet also upped its spending plans on Thursday, sending its shares as much as 8 per cent lower at one point, although they ended the day flat. Alphabet's shares were trading flat in pre-market trading on Friday. &#34;Both Alphabet and Amazon delivered strong underlying business performance, driven by better-than-expected growth in cloud. But that hasn't been enough to distract markets from their ballooning capital investment plans,&#34; said Aarin Chiekrie, equity analyst, Hargreaves Lansdown.</p>
<div class="lb-trans"><p>伦敦，2 月 6 日：大型科技公司计划在 2026 年进行 6000 亿美元的人工智能支出，这让投资者感到不安，因为他们在评估盈利能力的影响以及对软件公司的潜在生存威胁。亚马逊表示其资本支出可能是去年同期的两倍，周五在盘前交易中大幅下跌，而其他大型科技公司的股价则上涨，华尔街股指期货也有所回升。与此同时，数据分析公司的股票继续承压，投资者担心它们面临来自强大新 AI 模型的生存威胁。伦敦上市的励讯集团股价下跌 4.8%，并在自 2020 年以来的最糟糕一周中预计将下跌 17%，而标准普尔 500 软件和服务指数本周已下跌近 10%，印度的 IT 指数也下跌了约 7%。字母表和亚马逊，这两家被称为美国最大公司的 “七巨头” 之一，本周透露计划在 AI 基础设施上的支出远超预期。尽管市场反应谨慎，导致股价下跌，但分析师表示它们仍有盈利空间。尽管分析师认为股市的抛售过度，但投资者仍然保持谨慎。伦敦圣詹姆斯广场的股票策略师卡洛塔·埃斯特拉奎斯·洛佩斯表示：“在 AI 乐观情绪高峰期，能够推动股价创下新高的头条新闻，现在被投资者解读得更加谨慎。” 她补充道：“投资者担心的不仅仅是投资回报，还有狭窄市场领导地位的风险，这种领导地位难以超越少数几家大型公司的范围。” 数据分析公司受到冲击 软件和数据分析公司的抛售是由 Anthropic 的 Claude 新插件引发的。伦敦证券交易所集团的股价周五有所回升，但本周仍下跌近 6%，这是连续第二周大幅亏损。本周与 AI 相关的股票回调对更广泛的股市造成了压力。全球股市有望迎来自 11 月以来最糟糕的一周，下跌 1.6%。广泛的标准普尔 500 指数下跌 2%，而美国软件和数据服务公司的市场价值自 1 月 28 日以来蒸发了约 1 万亿美元。这一抛售在印度尤为严重，软件出口商的股价周五再次下跌 2%，结束了一周内损失了 225 亿美元市场价值。投资者对潜在的 AI 驱动的颠覆感到紧张，同时也越来越倾向于惩罚大型科技公司，因为它们暗示将对该技术进行更重的支出。谷歌母公司字母表周四也提高了其支出计划，导致其股价一度下跌 8%，尽管最终收平。字母表的股价在周五的盘前交易中保持平稳。“字母表和亚马逊都实现了强劲的基本业务表现，得益于云计算的超预期增长。但这还不足以让市场忽视它们不断膨胀的资本投资计划，” Hargreaves Lansdown 的股票分析师阿林·奇克里表示。</p>
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科技巨头的 6000 亿美元支出计划让投资者的 AI 困扰更加严重