中文翻译
更多超大规模云服务商(hyperscaler)的合同正在陆续到来。但你关于财报+降息（以及11/12月季节性因素）作为最大短期催化剂的观点完全正确。通常公司在财报后发布更多前瞻性指引时会获得估值重估(rerated)。当$META与$CRWV签约时，这对其他新兴云厂商(neoclouds)是极度看涨的信号。除此之外，我认为$MSFT的合同和其他降息预期尚未被市场定价。
· 供应链分析
超大规模云合同增加，META签约利好新兴云厂商，MSFT合同未定价。
英文原文
More hyperscaler contracts coming in. But you're spot on with earnings + rate cuts (+ Nov/Dec seasonality) as the biggest near-term catalysts. Usually companies get rerated after earnings when they release more insight into forward projections. When $META signed with $CRWV that's extremely bullish for the other neoclouds. Aside from that don't think $MSFT contract and other rate cuts are priced in yet.