Market Overview - The three major U.S. stock indices collectively declined due to ongoing instability in tariff policies, with the Dow Jones down 155.83 points (0.38%) to 40,368.96, the Nasdaq down 8.32 points (0.05%) to 16,823.17, and the S&P 500 down 9.34 points (0.17%) to 5,396.63 [3]. Company Performance - Streaming giant Netflix saw a notable increase of 4.83%, closing at $976.28, with a market capitalization of $417.6 billion. The company aims to reach a market value of $1 trillion by 2030 and plans to double its revenue from $39 billion last year, targeting approximately $90 billion in global advertising revenue [9][10]. - Nvidia experienced a significant drop of over 6% in after-hours trading following a report indicating that the U.S. government requires the company to obtain licenses for exporting chips to certain countries. This news suggests potential slowdowns in Nvidia's overall growth due to increased export restrictions [7][8]. Investor Sentiment - A record number of global investors plan to reduce their allocation to U.S. equities, with a 53 percentage point drop in allocation over two months, marking the largest decline in that timeframe. Additionally, 82% of respondents believe the global economy will weaken, and 42% see a high likelihood of recession [5].
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