[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio2f8bfd75":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio2f8bfd75","法巴银行予微软(MSFT)“买入”评级：Azure提价将随续约渐进落地，或将很快发布与SpaceX的交易","\u002Fdoc\u002Fdcio2f8bfd75","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>美股投资网获悉，投资机构法国巴黎银行周一表示，在与微软(MSFT)高管会面后认为，长期来看微软仍有上调 Azure 价格的空间。法国巴黎银行分析师斯特凡·斯沃文斯基说，微软高管承认 Azure 价格正在上涨，但补充称公司不会撕毁现有合同，只会在合同到期后再提价。斯沃文斯基对微软的评级为买入，目标价 549 美元。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>“取而代之的是，定价将在续约时重置，这意味着任何 Azure 定价红利都会渐进地融入业绩，而不是在短期内给 Azure 增长带来一个实质性的台阶式跃升。”斯沃文斯基在致客户的报告中写道，“重要的是，微软还重申，其近期的 Azure 强势并非由定价驱动，舰队级效率提升与持续的产能爬坡仍是最重要的增长驱动力。这让我们感到安心——Azure 增速加速到 40% 中段，是在微软尚未看到定价产生任何实质影响之前实现的。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>除定价外，斯沃文斯基还指出，微软对最近一篇报道称公司计划到 2032 年将数据中心容量提升至 38 吉瓦的说法有所“回击”。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>与 SpaceX(SPCX)潜在云计算交易的话题也被提及，部分原因在于 Nebius(NBIS)首席执行官阿尔卡季·沃洛日近期的表态，他暗示存在这样一笔交易。(SpaceX 近期披露，已签约一家新的算力客户，预计自 12 月起每月花费约 10 亿美元。)\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>“对此，公司拒绝就任何特定供应商置评，但重申其仍在持续寻找增量算力，因为公司仍处于追赶模式。微软也承认，在当前环境下，要找到近期产能的即时接入很困难，尤其是符合微软规格要求的基础设施。”斯沃文斯基补充道，“因此，虽然没有对 SpaceX 关系的确认，但如果未来有可能的公告，我们不会感到意外。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>此外，微软高管进一步提供了与 OpenAI协议的细节。斯沃文斯基说，这家科技巨头确认了 380 亿美元的收入分成上限，但 OpenAI 的收入分成并非其近期 Azure 业绩超预期的来源，“并表明如果它成为上行的重要驱动力，公司会明确点出这一贡献”。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>最专业的美股资讯,推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 每天处理千万级股票数据：捕捉期权大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准交易信号第一时间发到您手机APP！\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003C\u002Fp>","https:\u002F\u002Fwww.tradesmax.com\u002Fimages\u002Fa_Stock\u002FM\u002FMS\u002FMS.jpg","2026-09-23T16:07:14","2026.09.23","2026\u002F09\u002F23",51570,[22],"MS","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":28,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},[22],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":31,"services":32,"recentDocuments":41},"\u003Cfigure class=\"image\">\u003Ca 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]