花旗研究Atif Malik团队10月8日的三季度前瞻报告上调了超大规模云厂商的资本开支预测：2026年五大云厂商数据中心资本开支合计增速升至同比增加93%，较6月预期上调约10%，主要驱动因素为内存价格通胀。这是本财报季前最直接的一份盈利预测修正。 2027年的信号同样明确：花旗分析师对2027年数据中心资本开支增速的预测全面上移，合计增速从6月的"超过30%"升至目前的"超过40%"。分厂商看，AWS、Meta、GCP被正向上调，Azure小幅下调，OCI持平——一家下调、三家上修，说明驱动来自行业性投入而非单点需求。

Germany's baseload power price on Monday jumped 116.3% to EUR 212/MWh.

OpenAI told investors its annualized revenue was about dlr50bln as of end-September, below recent media estimates of dlr70bln, the Financial Times reports. Sources said the gap reflects differing revenue scopes: ANTHROPIC counts sales routed through cloud partners such as AWS and Google Cloud as revenue; OpenAI does not. Investors had earlier adjusted OpenAI figures to an August annualized run-rate of dlr40bln and, combined with the company’s disclosure of revenue growth exceeding 70pct, extrapolated to dlr70bln. OpenAI declined to comment.