Nvidia(US:NVDA) Zhong Guo Zheng Quan Bao·2025-08-30 01:28Market Performance - On August 29, U.S. stock indices collectively declined, with the Dow Jones down 0.20%, S&P 500 down 0.64%, and Nasdaq down 1.15% [1][2] - The Nasdaq 100 futures and the Nasdaq China Golden Dragon Index showed contrasting performances, with the latter rising by 1.55% [2][8] Technology Sector - Major tech stocks experienced significant declines, with Nvidia's stock dropping over 3%, resulting in a market cap loss exceeding $140 billion, equivalent to over 10 billion RMB [2][4] - The Wind data indicated that the "Magnificent Seven" index, which includes major tech companies, fell by 1.31%, with Tesla and Nvidia both dropping more than 3% [3][4] Nvidia's Financial Results - Nvidia's recent financial report for Q2 of fiscal year 2026 showed substantial revenue and net profit growth compared to the previous year, but data center revenue of $41.1 billion fell short of market expectations [6][7] Chinese Stocks - Alibaba's stock surged nearly 13% following its strong financial results, reporting a revenue of 247.65 billion RMB for Q1 of fiscal year 2026, a 2% year-on-year increase, and a net profit increase of 76% to 42.38 billion RMB [10][8] Commodity Market - International precious metal prices increased, with gold futures reaching $3,516.1 per ounce, while oil prices declined, with NYMEX crude oil futures down 0.91% [12][13] - Analysts predict a strong short-term outlook for gold prices due to ongoing market conditions and expectations of Federal Reserve rate cuts, while the medium-term outlook for oil remains bearish [13]