SAP 电话会：AI 投资压低利润指引，“按成果计费” 重塑定价逻辑，研发生产力飙升 30%AI Construction Wave Boosts Asia-Pacific Markets; Korean Stocks Rise ~4.5% Intraday as Oil Prices Surge and US Treasuries Face PressureINTC (Trans): 2026 CapEx raised to $20bn+Reminder: Key Intraday Focus Points (All times in Beijing Time)Microsoft accelerates the advancement of AI autonomy, self-developed image generation models will replace OpenAI-related technologiesChallenging NVIDIA! AMD releases next-generation AI chips and server products, claiming superior performance over competitorsThe massive investment in AI raises market concerns, with Alphabet and Tesla's combined market value evaporating by approximately $500 billionIntel Q2 Revenue Surges 25%, Significantly Beating Expectations; Stronger Guidance Drives Over 10% After-Hours Surge | Earnings InsightIntel CEO: Supply Shortages to Persist in the Foreseeable FutureSpot Gold Falls 1.96% to $4,049. US Imposes 10%-12.5% Tariffs on Many Countries, with Exemptions for Oil, Natural Gas, Phone Services, and FoodSAP SE Cloud Revenue Beats Expectations as End of Legacy Software Support Accelerates Customer Migration | Earnings InsightsOracle Stock Breaks Through 52-Week Low: OCI Growth Narrative Fades, Lingering Doubts Over AI Capex Returns Weigh HeavilyTop 20 U.S. stock trading volumes on July 24: Tesla's poor performance led to a 14.5% drop in stock priceIntel's Q2 revenue increased by 25% year-on-year, turning from a loss to a profit under GAAP, and non-GAAP performance exceeded expectations, with increased capital expendituresSAP Cloud Revenue Grows 24%, Beating Expectations; Cloud Backlog Rises 26% to Record High | Earnings InsightIntel's Q2 Revenue Hits $16.13 Billion, Beating $14.43 Billion Expectation. Q3 Revenue Forecast at $15.8–$16.8 Billion, Above Analyst Consensus of $15.06 BillionUS Initiates Rulemaking Process for New Door Safety Regulations, Targeting Tesla's Electric Door DesignFull AMD Adaptation Achieved Over a Weekend: Anthropic Uses Claude for Self-Bootstrapping Instead of NVIDIA Hardware, Breaking CUDA's "Labor Barrier"Market Prices in Two Rate Hikes This Year for ECB and BoE! German Bond Yields Hit 15-Year High, UK Bond Yields Approach 2018 PeakTesla's second-quarter performance fell short of expectations, leading to a decline in stock prices, with short sellers potentially earning over $4 billion in a single dayThe United States criticizes the European Union for heavily penalizing Google and providing loans to Airbus, claiming it undermines the stability of transatlantic tradeAlphabet Just Tied Amazon’s $200 Billion Capex Guidance. Could Amazon Raise the Bar Even Higher on July 30?AMD launches new data center products to challenge NVIDIA, targeting a $2 trillion market shareIntel Q2 Earnings Preview: Strong Performance Can't Hide Valuation Concerns, Market Sentiment Becomes a Key Variable for Stock PriceTesla's stock price may hit its largest single-day drop since June 2025AMD's Lisa Su: AI Accelerator Market to Reach $1.4 Trillion by 2030Elon Musk signals a deepening collaboration between Tesla and SpaceX but refuses to discuss the merger of the two companiesAI Demand Remains Strong, Yet Stock Prices Plummet: Analog Chip Leaders Fall into the "High Expectations Trap"AMD Aggressively Launches New Products to Bet on $2 Trillion AI Computing Market; Helios Enters Full Production, Venice Outperforms NVIDIA by 20%30% Probability of a Fed Rate Hike Next Week?Tesla's stock price plummeted over 13% after earnings, with Wall Street citing AI investments as a drag on profits and cash flow, while the robotics business becomes a key factor in valuationTesla's net profit in the second quarter fell short of expectations, and its annual capital expenditure exceeding $25 billion triggered a sharp decline in stock pricesAI and Cloud Business Sales Double! Nokia Oyj Q2 Profit Far Exceeds Expectations, Raises Full-Year Earnings GuidanceGoogle increases capital expenditure on artificial intelligence, raising market concerns as the high return on investment for tech giants faces scrutinyHigh capital expenditures on artificial intelligence raise market concerns, putting technical pressure on Google's parent company's stock priceThe surge in AI investment triggers panic among investors, with Tesla plummeting 12% and Alphabet dropping 6%Google suffers a double whammy in stocks and bonds! Panic over AI spending crushes stock prices, and the "century bond" simultaneously falls below face value of 90%Crude Oil Surge Intensifies Inflation Concerns! Treasury Yields Soar, 10-Year Yield Breaks 4.7% to Hit 18-Month HighChip Sellers Are Profiting, Chip Users Are Losing Money! JPMorgan: The Next Few Weeks Will Be Critical for the Fate of US Stocks深度对话范华：全球最大基金公司的 “中国蓝图”The End of an Era: Tencent and Moutai Drop Out of Top 20, "AI Transformation" Becomes the Only ChoicePDD's "E-commerce Westward" activates the entrepreneurial ecosystem in the West, and the "Digital Tianlu" brings more possibilities for commercial inclusivenessThe European Union fines Google €890 million, testing Trump's deterrent stance on protecting large tech companiesHong Kong Stock Review: AI is still waitingCoffee and Cocoa Costs Weigh Heavily! Nestlé Lowers Profit Margin Outlook, Stock Plummets to Biggest Drop Since 2020Computing Power Deployment, Software Intelligence Upgrades, "First Model Application Scenarios" …… Beijing Offers Subsidies Up to RMB 30 MillionU.S. Stock Market Outlook | Three major stock index futures all decline, oil prices surge, Google and Tesla drop after earnings, Intel to announce financial report after hours