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Microsoft (MSFT) ☆

cloud & hyperscalers · 產業指數 31 (排名 #8) · $530.14 (-0.20%) · 市值 $3.9T

ⓘ 資料時效

價格: 截至 2026-10-29 指數: 截至 2026-10-29 基本面: 最新申報文件 2026-10-28 按季揭露(10-Q XBRL)

Hyperscaler (Azure), OpenAI's key partner and distributor of frontier models into enterprise software.

訊號

訊號: 截至 2026-10-13

短期(約 2 週)

54%
看多
信心度 54
  • 新聞— Recent sentiment 0.30 vs 120d baseline 0.24 across 8 stories.[news][news][news]
  • 選擇權部位結構— Delayed per-contract options — call premium 77% / put 23% (net skew 0.53), unusualness 39/100. Context: matches: Microsoft to scale Azure Maia to multi-gigawa….[options]
  • 價格動能— Technical uptrend across short+medium horizon(s) — vote 0.70, confidence 0.90 from 11 indicator sub-signal(s).[price] · 內部推導
  • 結構性— Industry Index 33.0 (rising 5.8 over window) — structural tailwind.[index] · 內部推導

中期(約 3 個月)

40%
看多
信心度 40
  • 成長趨勢— Revenue 18% YoY (accelerating), net margin expanding.[filing]
  • 價格動能— Technical uptrend across short+medium horizon(s) — vote 0.70, confidence 0.90 from 11 indicator sub-signal(s).[price] · 內部推導
  • 聰明錢— 1 filer(s) accumulating, 5 trimming in 2026Q2 (value-weighted net -0.12).[holding][holding][holding][holding][holding]
  • 結構性— Industry Index 33.0 (rising 5.8 over window) — structural tailwind.[index] · 內部推導

長期(約 6 個月)

64%
看多
信心度 64
  • 成長趨勢— Revenue 18% YoY (accelerating), net margin expanding.[filing]
  • moat— Editorial prior (subjective, NOT backtested): wide moat / co_leader / strong pricing ⇒ wider/leading long-horizon tilt 0.35. Bounded, low-confidence input.[moat: Editorial moat profile — msft — wide moat, co_leader, strong pricing (as of 2026-07-29)]
  • 結構性— Industry Index 33.0 (rising 5.8 over window) — structural tailwind.[index] · 內部推導

查看細節

關係網路

正在載入關係圖譜…
  • Harvey — 合作夥伴
  • Legora — 合作夥伴
  • Luminance — 合作夥伴
  • Datadog — 競爭對手
  • Synopsys — 合作夥伴
  • Palo Alto Networks — 競爭對手
  • Coca-Cola — 客戶
  • Walmart — 客戶
  • AMD — 供應商
  • Applied Optoelectronics — 供應商
  • Constellation Energy — 供應商
  • CoreWeave — 供應商 · 62% · 出處揭露
  • Credo Technology — 供應商
  • IREN — 供應商
  • Lambda — 供應商
  • Anthropic — 合作夥伴
  • C3.ai — 合作夥伴
  • Cloudflare — 合作夥伴
  • d-Matrix — 被投公司
  • Mistral AI — 合作夥伴
  • Nebius Group — 供應商
  • NetApp — 合作夥伴
  • Wiwynn — 供應商
  • OpenAI — 供應商 · 50% · 編輯估算
  • NVIDIA — 供應商 · 60% · 編輯估算
  • OpenAI — 被投公司
  • OpenAI — 客戶 · 50% · 編輯估算
  • Arista Networks — 供應商 · 40% · 編輯估算

主要關係

  • Harvey — 合作夥伴 · Harvey runs on Azure OpenAI Service infrastructure and fine-tunes models jointly with Microsoft to customise them per customer. 來源:microsoft.com
  • Legora — 合作夥伴 · Legora runs on Microsoft Azure using Azure OpenAI Service, and integrates into Microsoft Word and SharePoint as its working surface. 來源:microsoft.com
  • Luminance — 合作夥伴 · Luminance delivers AI-powered contract review and negotiation inside Microsoft Word, making a Microsoft surface its primary negotiation entry point. 來源:luminance.com
  • Datadog — 競爭對手 · Datadog names Microsoft among the diversified technology and systems management vendors it competes with in on-premise infrastructure monitoring. 來源:sec.gov
  • Synopsys — 合作夥伴 · Synopsys Cloud's EDA Software-as-a-Service solution was developed in partnership with Microsoft Azure. 來源:sec.gov
  • Palo Alto Networks — 競爭對手 · Palo Alto Networks names Microsoft among the large companies that incorporate security features into their products and compete with it. 來源:sec.gov
  • Coca-Cola — 客戶 · Under a five-year strategic partnership announced 23 April 2024, Coca-Cola made a $1.1 billion commitment to the Microsoft Cloud, and the two companies agreed to jointly experiment with Azure OpenAI Service to develop generative AI use cases across business functions and to test how Copilot for Microsoft 365 could improve workplace productivity, expanding on the $250 million agreement the release says Coca-Cola initially announced with Microsoft in 2020. 來源:coca-colacompany.com
  • Walmart — 客戶 · Walmart's redesigned generative-AI search combines Walmart proprietary data and technology with large language models including those available in Microsoft Azure OpenAI Service plus retail-specific models built by Walmart, and its associate-facing "My Assistant" app leverages Walmart proprietary data, technology and large language models in Azure OpenAI Service. 來源:blogs.microsoft.com
  • AMD — 供應商 · Microsoft Azure deploys AMD Instinct MI300X accelerators to run AI workloads including OpenAI models. 來源:ir.amd.com
  • Applied Optoelectronics — 供應商 · Applied Optoelectronics supplies datacenter optical transceivers to Microsoft, which has accounted for a significant portion of its data-center revenue. 來源:finance.yahoo.com
  • Constellation Energy — 供應商 · Constellation Energy signed a 20-year PPA to restart the Crane Clean Energy Center (Three Mile Island Unit 1), dedicating about 835 MW of nuclear power to Microsoft's data centers. 來源:constellationenergy.com
  • CoreWeave — 供應商 · 62% 依賴度 · Microsoft accounted for about 62% of CoreWeave's 2024 revenue as its largest AI-compute customer. 來源:sec.gov
  • Credo Technology — 供應商 · Microsoft is a primary customer for Credo's active electrical cables used in AI data centers. 來源:cnbc.com
  • IREN — 供應商 · IREN signed a five-year, ~$9.7 billion contract to provide Microsoft with NVIDIA GB300 GPU cloud capacity. 來源:globenewswire.com
  • Lambda — 供應商 · Lambda has a multibillion-dollar agreement to deploy tens of thousands of NVIDIA GPUs as AI cloud capacity for Microsoft. 來源:techcrunch.com
  • Anthropic — 合作夥伴 · Microsoft agreed to invest up to $5 billion in Anthropic and make Claude available on Azure as Anthropic committed $30 billion of Azure compute. 來源:blogs.microsoft.com
  • C3.ai — 合作夥伴 · C3 AI and Microsoft formed a strategic alliance making Azure the preferred cloud for C3 AI applications and C3 AI a preferred AI-app provider on Azure. 來源:c3.ai
  • Cloudflare — 合作夥伴 · Cloudflare partnered with Microsoft (and Hugging Face) to bring machine-learning models to its edge network. 來源:mpost.io
  • d-Matrix — 被投公司 · Microsoft's venture arm M12 is an investor in d-Matrix, participating in its funding rounds including the Series C. 來源:d-matrix.ai
  • Mistral AI — 合作夥伴 · Microsoft made a roughly €15 million investment in Mistral AI and hosts its models on Azure. 來源:techcrunch.com
  • Nebius Group — 供應商 · Nebius signed a five-year deal to supply Microsoft with dedicated GPU cloud capacity worth at least $17.4 billion. 來源:redmondmag.com
  • NetApp — 合作夥伴 · Azure NetApp Files is a Microsoft Azure first-party storage service jointly engineered with NetApp and sold/supported by Microsoft. 來源:learn.microsoft.com
  • Wiwynn — 供應商 · Wiwynn supplies hyperscale cloud servers to Microsoft, one of its largest customers, with over 90% of revenue from hyperscalers. 來源:en.wikipedia.org
  • OpenAI — 供應商 · 50% 依賴度 編輯估算 · OpenAI's models power Microsoft Copilot across Microsoft 365, GitHub and Bing. 來源:blogs.microsoft.com
  • NVIDIA — 供應商 · 60% 依賴度 編輯估算 · Microsoft 是 NVIDIA 最大的客戶之一,在 Azure AI 基礎設施中廣泛部署其 GPU;NVIDIA 的 10-K 揭露其營收高度集中於大型雲端服務商。 來源:sec.gov
  • OpenAI — 被投公司 · Microsoft has invested approximately $13B in OpenAI across 2019-2023 and holds economic interests in its capped-profit entity. 來源:blogs.microsoft.com
  • OpenAI — 客戶 · 50% 依賴度 編輯估算 · Azure has been OpenAI's primary compute provider since 2019; OpenAI diversified to additional providers from 2025 while Azure remains a major share. 來源:blogs.microsoft.com
  • Arista Networks — 供應商 · 40% 依賴度 編輯估算 · Arista's 10-K discloses Microsoft as a >10% customer; Arista switches form part of Azure's AI data-center network fabric. 來源:sec.gov

選擇權部位結構

延遲 · 彙總: 截至 2026-10-29
  • 買權與賣權成交量:351,269 口買權 · 190,977 口賣權 — 偏向 +29.6%,偏向買權
  • 成交量/未平倉量週轉: 1.25×
  • 權利金(名目金額代理):$135.6M 買權 · $36.1M 賣權 — 偏向 +58.0%,偏向買權
  • 價外偏斜:+16.5%,偏向價外買權
  • 隱含波動率偏斜(賣權 − 買權): +8.2%