昨夜，全线大跌！

Core Points - The U.S. job market is cooling down due to the acceleration of artificial intelligence, leading to a collective decline in major U.S. stock indices [1] - The Nasdaq index fell by 1.9%, the S&P 500 by 1.12%, and the Dow Jones Industrial Average by 0.84% on November 7 [2] - Major tech stocks, including Nvidia and Tesla, experienced declines of over 3%, with Microsoft facing its longest losing streak since 2022 [3] Employment Market - In October, U.S. companies announced layoffs of 153,000, marking the highest number for that month since 2003, with a year-on-year increase of 175% and a month-on-month increase of 183% [3] - By the end of October 2025, the total number of layoffs announced by U.S. companies is expected to exceed 1,099,000, a 65% increase year-on-year, setting a new record since 2020 [3] AI Companies and Government Support - OpenAI's CFO indicated a desire to create an ecosystem involving private equity, banks, and federal government support for funding, which led to misunderstandings about AI companies needing government guarantees [3] - OpenAI's CEO clarified that the company does not seek government guarantees for its data centers but advocates for a national strategic computing reserve [4] Tesla and Executive Compensation - Tesla shareholders approved Elon Musk's compensation plan, allowing him to earn up to $1 trillion in stock based on achieving specific operational goals [5] - The plan includes 12 operational targets, such as selling 12 million electric vehicles and 1 million AI robots, with Musk needing to lead Tesla to a market cap of $2 trillion within ten years to qualify for the full compensation [5] Market Reactions - The Nasdaq China Golden Dragon Index saw mixed results, with notable gains in stocks like XPeng and Yika Tong, while others like Xiaoma Zhixing and Zhaoding Pharmaceutical faced declines [4]