大家好，我是莱奥妮·基德（Leonie Kidd），正在为您播报今天的《Morning Squawk》节目。
Hello, this is Leonie Kidd, with today's edition of Morning Squawk.
华尔街因人工智能（AI）技术的发展而引发的股市反弹，在亚洲和欧洲市场遭遇了阻碍，这使得相关科技公司的股价前景变得黯淡。今天市场更加关注企业的盈利情况，Netflix和SpaceX成为市场关注的焦点。
Wall Street's AI relief rally hit a wall in Asia and Europe, turning the neoclouds dark on the horizon. It puts more emphasis on earnings today, with Netflix and SpaceX in the spotlight.
当前市场动态：美国股市的期货价格正在回落——尽管周一AI相关股票的股价有所回升，但投资者对科技股的担忧依然存在。亚洲市场的表现尤为疲软，这进一步加剧了市场的不确定性。
Happening now: Tech on, Tech off U.S. stock futures are giving up some of their overnight optimism following the bounceback for AI stocks on Monday, as a sharply negative session in Asia shows jitters remain around technology stocks.
核心事件：韩国的CoreWeave公司股价大幅下跌；同时，甲骨文（Oracle）的债券收益率也有所上升，这些现象暴露出AI行业在信贷方面的持续风险。
A negative close for CoreWeave as well as elevated yields on Oracle debt, expose persistent credit concerns in the AI trade. International selling:
国际市场动态：韩国的Kospi指数领跌亚洲市场，市场已进入熊市区间。而在欧洲，科技股在上午的交易中推动指数下跌。
South Korea's Kospi has led broad declines in Asia, closing in bear market territory. Meanwhile, across Europe, technology stocks pushed indices into the red during the morning session.
值得关注的公司：韩国AI数据中心公司Elice在韩国二级市场进行了首次公开募股（IPO），但其股价在交易首日暴跌超过30%。
Problematic IPO: South Korean AI data center firm, Elice, debuted as a small IPO on the country's secondary market, but shares made a big nosedive, falling over 30% in the trading debut
专家观点： Gartner公司的首席分析师约翰·洛夫洛克（John Lovelock）坚持自己的观点：“在AI领域的竞争中，每个参与者都在争抢最后的生存机会；Gartner跟踪的几乎所有AI相关市场都可能最终形成两强垄断的局面。”
Why it matters: Other data center firms have cancelled their IPO plans, including Nvidia-backed Firmus, Blackstone-backed AirTrunk and Softbank unit SB Energy.
市场影响：许多数据中心公司都取消了IPO计划，其中包括获得Nvidia支持的Firmus、Blackstone支持的AirTrunk以及软银旗下的SB Energy。
Analysis: Gartner's chief forecaster, John Lovelock, who authored the report that fueled last week's rout, stands by his view, saying, "Everyone in the AI race is running for a last-man-standing position Pretty much every market that Gartner is tracking in our AI race is likely to collapse down to a duopoly."
分析：约翰·洛夫洛克指出：“目前AI行业的竞争非常激烈，最终可能只剩下少数几家公司能够存活下来。”他同时表示：“Gartner认为，几乎所有AI相关市场都可能被两家公司主导。”
Big movers: Neoclouds on the horizon Shares of neocloud firms are falling in premarket trade.
市场关注点： Neocloud公司的股价在盘前交易中持续下跌；尽管高盛上调了对该公司的评级（称其股票属于“生态系统中的优质企业”），但CoreWeave的股价依然表现不佳。汇丰银行则持相反观点，认为由于借贷成本上升以及AI模型收入增长放缓，CoreWeave的股价可能进一步下跌36%。
CoreWeave remains the eye of the storm, giving up its relief rally despite an upgrade from Goldman Sachs, which described the stock as being "toward the top of the quality rankings in the ecosystem." HSBC disagrees, saying late Monday the shares could drop another 36% because of rising borrowing costs and slowing revenue growth for AI models.
Jonathan Raa | Nurphoto | Getty Images 距离“黑色星期一”已过去39年，但吉姆·克拉默表示，在人工智能股抛售潮中，市场仍可从中汲取重要教训。他还称，投资者应留意对冲基金清算及其在近期跌势中的作用。111美元油价：国际基准原油布伦特原油周二早盘升至5月以来最高，因伊朗及其代理人在中东的袭击升级。乌克兰与俄罗斯互攻能源基础设施也未能改善局势。乌克兰总统泽连斯基今日将在挪威会见美国特使维特科夫和库什纳，此前特朗普总统再次呼吁该国更换领导人。
Jonathan Raa | Nurphoto | Getty Images It's been 39 years since Black Monday, but Jim Cramer says the market can learn important lessons from it amid the AI sell-off. He also says investors should look out for hedge fund liquidations and their role in the recent declines. $111 oil: Brent crude, the international oil benchmark, rose to the highest since May early Tuesday as attacks by Iran and its proxies picked up in the Middle East. Ukraine and Russia trading energy infrastructure blows aren't helping the situation either. Ukrainian President Volodymyr Zelenskyy is set to meet with U.S. envoys Steve Witkoff and Jared Kushner in Norway today after President Donald Trump called again for a new leader of the country.
财报提示：流媒体与航天 科技领域两大风向标今日将在收盘后发布财报，分别是奈飞和SpaceX。逆流而上：据伦敦证券交易所集团（LSEG）数据，奈飞第三季度盈利预计增长40%。但随着高管层大幅变动和大规模裁员，奈飞投资者将关注用户参与度前景。奈飞股价在过去五个季度财报发布后均下跌。难以超越的前绩：马斯克承诺明年向每个美国儿童赠送一股SpaceX股份，为今日财报定下基调。这是该集团上市以来第二次发布财报，尽管股价高于135美元的首发价，但仍低于上市后的高点。
Earnings Alert: Streaming and space Two huge bellwethers for the tech space today, with Netflix SpaceX both reporting after the market close. Swimming upstream: Netflix is expected to post 40% earnings growth for the third quarter, according to LSEG. But with big C-suite changes and a major raft of job cuts, Netflix investors will be looking to the outlook for engagement. Netflix stock has traded lower after its last five quarterly reports. A tough act to follow: Elon Musk's pledge to give every American child a SpaceX share next year sets the scene for earnings today. It's only the second time the group has reported earnings as a listed company, and while shares are trading above the $135 IPO price, they are still off post-debut peaks.
关注CNBC关于SpaceX财报的实时博客，美东时间上午9点上线 2026年6月12日星期五，SpaceX标识出现在纽约纳斯达克市场敲钟仪式上。
Follow CNBC's live blog on SpaceX earnings, that goes live at 9am ET SpaceX signage during the closing bell ceremony at the Nasdaq MarketSite in New York, US, on Friday, June 12, 2026.
Michael Nagle | Bloomberg | Getty Images 最新进展：英伟达的欧盟雄心 英伟达正在欧洲投资，承诺向该地区的企业、大学和研究机构投入近100亿美元。
Michael Nagle | Bloomberg | Getty Images Developing: Nvidia's EU ambitions Nvidia is investing in Europe, committing nearly $10 billion into companies, universities and research institutions across the region.
黄仁勋宣布与德国开展新的合作，在柏林政府宣布战略合作后，他与总理弗里德里希·梅兹举杯庆祝。
Jensen Huang announced a fresh collaboration with Germany, toasting with Chancellor Friedrich Merz after the unveiling of a strategic cooperation with the government in Berlin.
德国柏林，10月19日：德国总理弗里德里希·梅兹和英伟达首席执行官黄仁勋在“投资德国”峰会舞台上举杯庆祝，宣布德国政府、英伟达及一批德国公司在人工智能领域为德国工业建立能力的战略合作。该项目包括德国在强大英伟达芯片上的重大投资。娜佳·沃尔莱本 | 盖蒂图片社新闻 | 盖蒂图片社为何重要：黄仁勋的欧洲之行已让他投资了一系列初创公司，包括Genesis AI、Agile Robots和Reflex Aerospace，而Mistral AI仍是关键合作伙伴。
BERLIN, GERMANY - OCTOBER 19: German Chancellor Friedrich Merz, and NVIDIA CEO Jensen Huang toast with drinks while on stage at the Invest In Germany Summit to announce a strategic cooperation between the German government, NVIDIA and a group of German companies in artificial intelligence capacity for Germany industry on October 19, 2026 in Berlin, Germany. The project includes a significant investment by Germany in powerful NVIDIA chips. Nadja Wohlleben | Getty Images News | Getty Images Why it's important: Huang's European tour has seen him invest in a slew of start-ups, including Genesis AI, Agile Robots and Reflex Aerospace, while Mistral AI remains a key partner.
英伟达希望加速人工智能在美国以外的采用，但欧洲的监管名声可能会在整个大陆限制发展。最后……是什么让欧洲如此愤怒？
Nvidia is looking to accelerate the adoption of AI outside the U.S., but Europe's reputation for regulation could rein in development across the continent. And Finally... What is making Europe so angry?
对生活成本和公共服务压力的愤怒，使数十万抗议者走上多个欧洲国家的街头，不满从昂贵的住房到学校和大学的糟糕条件不等。
Anger over the cost of living and pressure on public services has brought hundreds of thousands of protesters onto streets across several European countries, with grievances ranging from expensive housing to poor conditions in schools and universities.
法国周末出现了最大规模的示威，超过50万人游行。大多数人和平抗议，但有人抢劫和破坏商店、纵火烧市政厅并袭击警察。
France saw the largest demonstrations at the weekend, with more than 500,000 people marching. Most protested peacefully, but some looted and vandalized shops, set fire to city halls and attacked police officers.
周六和周日，意大利、西班牙、葡萄牙和阿尔巴尼亚也举行了单独的抗议活动。
Separate protests also took place in Italy, Spain, Portugal and Albania on Saturday and Sunday.
抗议者在巴黎中央街区游行，现场有火焰、烟雾、警察部署和冲突，这是针对高生活成本的全国性示威活动的一部分，时间是2026年10月17日，地点法国巴黎。约翰·梅洛伊编辑了本期。
Protesters march through central Paris amid fires, smoke, police deployments and clashes during nationwide demonstrations against the high cost of living, on October 17, 2026 in Paris, France. John Melloy edited this edition.