这场暴跌的直接导火索，是特朗普在社交平台"真相社群"（Truth Social）上的一则发言。他宣布，将于11月1日起对中国征收额外100%的关税，并对"所 有关键软件"实施出口管制，以报复中国对稀土矿物实施的"极其激进"的出口管制。 特朗普在社交媒体上的强硬言论，让华尔街弥漫着恐慌情绪，美股市场一片惨淡。 当地时间10月10日，美国股市遭遇了一场突如其来的暴跌。道琼斯指数下跌1.9%，标普500指数下跌2.71%，纳斯达克指数更是暴跌3.56%，创下自4月以 来最大单日跌幅。 美股暴跌 特朗普的关税威胁来得突然，市场反应却极为迅速。 美股三大指数从小幅高开迅速转跌，跌幅持续扩大。截至收盘，标普500指数跌至6552.51点，纳斯达克综合指数跌至22204.43点，道琼斯工业平均指数跌 至45479.6点。 大型科技股首当其冲，台积电ADR暴跌超6%，博通、特斯拉跌超5%，英伟达、亚马逊大跌超4%，苹果、Meta跌超3%，微软跌超2%。这些曾经的市场宠 儿，成了抛售的重灾区。 恐慌情绪在市场蔓延，对贸易战升级的担忧瞬间压倒了此前的乐观情绪。投资者纷纷涌向债券和黄金等避险资产。 稀土反击 这场金融动荡的背后，是 ...

【文/观察者网 阮佳琪】 "真的是晴天霹雳（a bolt from the blue）……"派石金融集团（Pepperstone Group）的高级研究策略师迈 克·布朗（Michael Brown）向美媒哀嚎道。 一切要拜特朗普所赐。当地时间10月10日，这位黔驴技穷的美国总统，情绪化威胁重启关税大棒。然 而，一番关税讹诈先把美国股市"吓出心脏病"。 当天，美股再遇"黑色星期五"，遭遇六个月来最严重的抛售。美股三大指数集体收跌，道指下跌878.82 点，跌幅1.9%；纳指下跌820.20点，跌幅3.56%；标普500指数下跌182.60点，跌幅2.71%。纳指、标普 500指数创4月以来最大单日跌幅。 美国七大科技巨头市值一夜蒸发约7700亿美元，特斯拉跌超5%；亚马逊跌近5%；苹果、Meta跌超 3%；微软、谷歌跌超2%；英伟达跌4.89%。 经济担忧同时拖累铜价与油价走低，原油价格暴跌逾4%，从大豆到小麦、棉花等大宗商品价格均大幅 下跌。被视为华尔街"恐慌指标"的芝加哥期权交易所波动率指数（CBOE）飙升约32%，至6月以来最高 水平。 据《华尔街日报》11日报道，特朗普的关税威胁还波及各类贸易敏感型企 ...

这也是自从OpenAI的Sora普及了AI视频概念，抖音即梦、快手可灵让AI视频商业化之后，至今也没有 出现MCN大规模应用AI进行视频内容产出的趋势。当下，AI视频呈现出了两极分化的趋势，其中优秀 的作品可以说相当之惊艳，但剩下的那一部分就只能用"粗制滥造"来形容。 就在一个月前，谷歌用一根代号"Nano Banana"的"香蕉"把图像生成模型推向了全新的高度，一举将盘 踞在AI应用霸主宝座两年的ChatGPT给拽了下来。一时间外界惊呼，这个AI版的Photoshop，让AI来了 次从"实验室炫技"到"全民狂欢"的转变。 有了谷歌的珠玉在前，Meta也跃跃欲试，日前他们低调上线了一个名为"Vibes"的AI信息流功能，专门 用于meta.ai平台的用户创作和分享AI短视频。 事实上，Vibes类似于AI版本的抖音、快手，为用户提供了动画、特效短片、虚拟场景等AI生成的视频 内容，并且还支持用户对Vibes信息流里刷到的视频进行 "再创作"（remix），然后再分享到Instagram、 Facebook Stories。 根据Meta方面的说法，创作者上传Vibes的作品将获得独立展示窗口，避免与常规内容混 ...

This stock has absolutely soared since the fall of 2022.Since the company's growth and profitability took a hit in 2022, leading to the stock also tanking, Meta Platforms (META -3.85%) has been a winning investment. In the past three years, shares have skyrocketed 437% (as of Oct. 9). The business has been riding some serious momentum. Now, investors are patiently waiting for management to release financial results from the latest quarter.Should you buy this social media stock before Oct. 29? Meta stock loo ...

Core Insights - Meta Platforms, Inc. is highlighted as a significant AI stock for investors, with Wells Fargo analyst Ken Gawrelski raising the price target from $811 to $837 while maintaining an Overweight rating [1] - The increase in estimates is attributed to strong advertising performance, supported by a stable economy and investments that enhance impression growth and conversion rates [1] - The company is expected to guide Q4 with over 20% growth, which is crucial to alleviate concerns regarding emerging competition for user engagement [2] Investment Perspective - While Meta is recognized for its investment potential, there are opinions suggesting that certain AI stocks may present greater upside potential and lower downside risk [3] - A recommendation is made for investors seeking undervalued AI stocks that could benefit from Trump-era tariffs and the onshoring trend [3]

Group 1 - The core point of the article highlights a significant market downturn triggered by Trump's announcement of a 100% tariff on Chinese goods, leading to a sharp decline in major stock indices and tech stocks [4][5][9] - The Nasdaq Composite Index fell over 3%, marking its largest single-day drop since April, with major tech stocks like TSMC, Broadcom, and Tesla experiencing declines of over 5% [4][5] - Chinese stocks were particularly hard hit, with the Nasdaq Golden Dragon China Index dropping over 6%, reflecting a broader trend of significant losses in popular Chinese assets [5][9] Group 2 - The article discusses the impact of new export controls imposed by China on rare earth elements, which has led to increased speculation in the U.S. rare earth sector, with companies like MP Materials seeing gains of over 8% [7][19] - The article notes that the market is currently in a precarious position, with expectations of a significant market correction if no positive developments occur before the opening of the Hong Kong and A-share markets [13][19] - It emphasizes the potential for a "TACO trading" pattern, where market volatility may lead to opportunities for recovery, although caution is advised until the outcome of negotiations is clear [21]

Core Insights - The AI industry is transitioning from hype to real business applications, with significant revenue growth observed among leading AI-first companies, reaching an annualized total revenue of $18.5 billion by August 2025 [3][42]. Group 1: AI Industry Overview - AI is becoming a crucial driver of economic growth, reshaping various sectors including energy markets and capital flows [3]. - The "State of AI Report (2025)" by Nathan Benaich connects numerous developments across research, industry, politics, and security, forming a comprehensive overview of the AI landscape [5]. - The report emphasizes the evolution of AI from a research focus to a transformative production system impacting societal structures and economic foundations [5]. Group 2: AI Model Developments - 2025 is defined as the "Year of Reasoning," highlighting advancements in reasoning models such as OpenAI's o1-preview and DeepSeek's R1-lite-preview [6][8]. - Major companies released reasoning-capable models from September 2024 to August 2025, including o1, Gemini 2.0, and Claude 3.7 [11]. - OpenAI and DeepMind continue to lead in model performance, but the gap is narrowing with competitors like DeepSeek and Gemini [17]. Group 3: Revenue and Growth Metrics - AI-first companies are experiencing rapid revenue growth, with median annual recurring revenue (ARR) for enterprise and consumer AI applications exceeding $2 million and $4 million, respectively [42][48]. - The growth rate of top AI companies from inception to achieving $5 million ARR is 1.5 times faster than traditional SaaS companies, with newer AI firms growing at an astonishing rate of 4.5 times [45]. - The adoption rate of paid AI solutions among U.S. enterprises surged from 5% in early 2023 to 43.8% by September 2025, indicating strong demand [48]. Group 4: Market Trends and Predictions - The report predicts that AI-generated games will become popular on platforms like Twitch, and a Chinese model may surpass several Silicon Valley models in rankings [5][75]. - The rise of open-source models in China is noted, with Alibaba's Qwen model gaining significant traction in the global developer community [24][26]. - AI is shifting from being a tool to a scientific collaborator, actively participating in the generation and validation of new scientific knowledge [34]. Group 5: Challenges and Issues - Traditional benchmark tests for AI models are becoming less reliable due to data contamination and variability, leading to a focus on practical utility as a measure of AI capability [21][22]. - Several major AI companies faced significant operational challenges and public scrutiny over technical failures and ethical concerns [39][40]. - The report highlights the financial pressures on AI coding companies, which face challenges in maintaining profitability despite high valuations [50][51].

作者 | 哥吉拉 数据支持 | 勾股大数 据（www.gogudata.com） "黑色星期五"昨日突袭。 昨夜纳指暴跌超过 3 个点，大型科技股集体大跌，中概股更是跌得惨不忍睹，盘面给人的感觉像极了四月那个载入史册的一天。 更让人担忧的是，过完周末，下周一港 A 股开市，应该怎么办？ 01 黑色星期五 特朗普又搞事情了。 此外，由于周四中国宣布实施新的出口管制，要求许多含有稀土元素的产品以及部分锂离子电池的对外销售须经政府批准。而美股稀土板块继 续迎来资金炒作， MP Materials 大涨超 8.37% ， USA Rare Earth 涨超 4% ，盘后继续大涨超 10% 。 昨天刚好是周五，所以港股、 A 股要等到下周一才有所反应，但从指数期货表现来看，除非周末出现 180 度的转折，否则一场大抛售恐怕已 经提前预定。 周五特朗普表示，他将于 11 月 1 日对中国商品加征额外 100% 的关税 ，表示此举是回应周四中国收紧稀土出口规定的举措。 昨日深夜，美股三大指数全线跳水， 截至收盘，纳指暴跌超 3% ，创 4 月以来最大单日跌幅 ；美股大型科技股集体重挫，盘后还继续下跌。 截至收盘，台积电 A ...

Core Insights - The AI competition between China and the US is increasingly characterized by "hyperscalers," the largest tech companies with extensive capabilities across the AI stack, with estimates suggesting over US$400 billion in collective spending on AI infrastructure this year [1][5][11] - The focus of the AI race has shifted from merely developing foundational models to encompassing hardware, algorithms, and applications, indicating a more comprehensive approach to AI development [3][19] - Alibaba aims to become the "world's leading full-stack AI service provider," with significant investments in AI infrastructure and a clear roadmap towards artificial superintelligence (ASI) [6][7][32] Investment and Market Dynamics - US and Chinese tech giants are making substantial investments in AI, with the US leading in foundational model development and China focusing on practical applications and integration with existing industries [8][19][27] - The spending disparity between US and Chinese firms is notable, with Alibaba's three-year spending pledge being less than what any of the top three US hyperscalers spend annually [14][24] - OpenAI's valuation has reached US$500 billion, while leading Chinese AI start-ups have significantly lower valuations, indicating a gap in perceived market value [15] Technological Advancements - China leads in industrial robot installations, with over 2 million active robots, and is rapidly advancing in the humanoid robot market [20][21] - The Chinese government is promoting "embodied intelligence" as a key future industry, with substantial funding directed towards robotics and AI integration in various sectors [21][22] - Chinese AI models are performing competitively on global leaderboards, particularly in image and video generation, often at lower training costs compared to US counterparts [26][28] Strategic Collaborations and Ecosystem Development - A self-sufficient AI ecosystem is emerging in China, with collaborations among local tech firms to reduce reliance on US technologies [29][30] - The US government is considering broader chip export controls to limit China's access to advanced technologies, which is seen as crucial for maintaining a competitive edge in AI [31] - Both countries are recognizing the importance of AI applications in hard technology, with US firms ramping up efforts in robotics and AI applications [22][30]

格隆汇10月11日｜周五的科技股抛售潮引发投资者恐慌，Wedbush分析师Dan Ives不改看多立场，认为 这次市场的声音可能比实际伤害更大，理性终将回归，因此激烈的市场反应反而是买进半导体、软件与 大型科技公司的机会。 Ives点名多家将引领"第四次工业革命"的企业，包括英伟达、微软、Palantir、Meta和亚马逊。他预测， 接下来到今年年底以前，科技股至少还有7%以上的上涨空间，并形容当前市场处在"1996时刻"(牛市起 点)，而非"1999时刻"(互联网泡沫前夕)。 ...