Nvidia(US:NVDA) Mei Ri Jing Ji Xin Wen·2025-11-08 03:54Group 1 - The core viewpoint of the articles highlights a significant downturn in the U.S. technology sector, particularly those companies closely associated with artificial intelligence (AI), due to concerns over high valuations, macroeconomic headwinds, and increased competition [1] - The Nasdaq Composite Index, primarily composed of tech stocks, fell by 3% in a week, marking its worst performance since April, with eight leading AI-related companies losing a combined market value of approximately $800 billion [1] - Nvidia, the world's most valuable company, experienced a market cap decline of about $350 billion, just over a week after it became the first company to surpass a $5 trillion market cap [1] Group 2 - Major tech companies, including Alphabet, Amazon, and Meta, reported a combined capital expenditure of $112 billion for the third quarter, while the industry is borrowing thousands of billions to support AI expansion [1] - Concerns about the labor market's potential weakening since late September have been exacerbated by the federal government shutdown, leading to increased investor anxiety [1] - Stephen Yiu, CIO of Blue Whale Growth, expressed concerns about the tech giants' spending to maintain competitiveness, indicating a cautious outlook on the sector [2] Group 3 - The cryptocurrency market has seen a significant decline, erasing nearly all gains made in the first ten months of the year, with Bitcoin's price dropping approximately 18% from its record high of $120,000 [5] - The recent downturn in cryptocurrencies has raised concerns on Wall Street, as Bitcoin is viewed as a leading indicator for the volatility of U.S. stocks [7] - There has been a notable outflow of over $700 million from digital asset ETFs in the past week, reflecting a cautious sentiment among investors [7]