Top technology stocks plunged after releasing their second-quarter results.Tesla(NASDAQ:TSLA) fell to $306, its lowest level since August 4 and down 39% from its all-time high. The stock retreated after its earnings per share missed analysts' estimates and after the company recorded negative free cash flow.
在公佈第二季度業績後，科技龍頭股大幅下跌。特斯拉（納斯達克：TSLA）跌至$306，為8月4日以來的最低水平，較其歷史高點下跌39%。該股下跌的原因是其每股收益未達分析師預期，且公司錄得負自由現金流。
Intel, Google, and Tesla Stocks Dropped After Earnings
英特爾、Google和特斯拉股價在業績發佈後下跌
Intel(NASDAQ:INTC) retreated to $92.32, even after the company published strong financial results. Its revenue jumped at the fastest rate in 15 years, reaching $16.1 billion. Its earnings-per-share jumped to 42 cents, higher than the expected 21 cents as it continues riding the AI agent news.
英特爾（納斯達克：INTC）跌至$92.32，儘管公司公佈了強勁的財務業績。其營收以15年來最快速度增長，達到$161億。其每股收益躍升至42美分，高於預期的21美分，因其繼續受益於人工智慧代理相關消息。
Alphabet(NASDAQ:GOOG) gapped lower and reached a low of $319, its lowest level since April this year. It has dropped by 21% from its highest point this year as it boosted its capital expenditure to $205 billion.
Alphabet（納斯達克：GOOG）跳空低開，最低跌至$319，為今年4月以來的最低水平。該股已從今年高點下跌21%，因其將資本支出提升至$2,050億。
Focus now shifts to the upcoming big-tech earnings by top companies likeMicrosoft(NASDAQ:MSFT),Amazon(NASDAQ:AMZN), andMeta Platforms(NASDAQ:META).
市場焦點現在轉向微軟（納斯達克：MSFT）、亞馬遜（納斯達克：AMZN）和Meta Platforms（納斯達克：META）等大型科技公司即將發佈的業績。
Microsoft stock has already plunged by over 30% from its all-time high. Similarly, Meta and Amazon have dropped by 25% and 18% from their all-time highs, erasing billions of dollars in value.
微軟股價已從歷史高點下跌逾30%。同樣，Meta和亞馬遜也分別從各自的歷史高點下跌了25%和18%，抹去了數千億美元的市值。
Meta Platforms, Microsoft, and Amazon to Publish Earnings
Meta Platforms、微軟和亞馬遜將公佈業績
These companies will publish their financial results next week, with analysts expecting their growth to continue. Benzinga data shows that analysts expect Meta Platforms' revenue to come in at $60 billion, up by 26% YoY. Its EPS is expected to rise modestly to $7.22.
這些公司將於下周公佈財務業績，分析師預計其增長將持續。Benzinga數據顯示，分析師預計Meta Platforms的營收將達到$600億，同比增長26%。其每股收益預計將小幅上升至$7.22。
Microsoft's revenue is expected to jump by 14.70% to $87.67, with its EPS expected to jump from $3.65 to $4.24. Amazon, on the other hand, is expected to report revenue of $195.97 billion, up by 17% YoY.
微軟的營收預計將增長14.70%，達到$87.67，每股收益預計將從$3.65增至$4.24。另一方面，亞馬遜預計報告營收為$1,959.7億，同比增長17%。
These companies, judging by their past, will likely report strong revenue and earnings numbers next week. They will likely boost their forward guidance for the current quarter and the year.
根據以往表現，這些公司下周很可能公佈強勁的營收和盈利數據，並可能上調本季度及全年的前瞻性指引。
Still, their stocks will mostly react to capital spending plans. Microsoft predicted it would spend $190 billion this year, while Meta and Amazon planned to spend $145 billion and $200 billion, respectively. A significant increase in this guidance will likely push their stocks lower, as investors remain concerned about returns on investment.
儘管如此，它們的股價仍將主要受到資本支出計劃的影響。微軟預計今年將支出$1,900億，而Meta和亞馬遜則分別計劃支出$1,450億和$2,000億。若這一指引出現顯著上調，可能會導致其股價下跌，因為投資者仍對投資回報感到擔憂。
Meta Platforms will be watched closely because of the recent reports on its data center business. Bloomberg reported that it was considering selling some of its spare capacity to other companies, a move that will generate billions of dollars in revenue. Mark Zuckerberg will likely provide more color on this business, which may boost its stock.
Meta Platforms將受到密切關注，因其近期有關其數據中心業務的報導。彭博社報導稱，該公司正考慮將其部分閒置算力出售給其他公司，此舉將帶來數十億美元的收入。馬克·祖克柏可能會就此業務提供更多細節，這或將提振其股價。
The options market is pricing in increased volatility for the three companies. For Microsoft, the at-the-money straddle for the July 31 expiry implies a move of about 8%. Amazon's predicted move is about 6.4%, while Meta is expected to move by about 7.9%. Meta has exceeded the implied range in six of the past eight earnings reports.
期權市場正在為這三家公司定價更高的波動性。對於微軟而言，7月31日到期的平值跨式期權暗示股價波動幅度約為8%。亞馬遜的預期波動幅度約為6.4%，而Meta的預期波動幅度約為7.9%。在過去八次業績發佈中，Meta有六次的實際波動幅度超過了隱含波動區間。 (Benzinga)