Xin Lang Cai Jing·2025-11-09 04:49Core Viewpoint - The market capitalization of U.S. companies closely related to artificial intelligence has evaporated by nearly $1 trillion over the past week, raising concerns about the sustainability of current high valuations [1] Group 1: Market Impact - Eight of the most valuable AI-related companies, including Nvidia, Meta, Palantir, and Oracle, saw their total market value shrink by over $800 billion in just one week [1] - Analysts are increasingly questioning the sustainability of high valuations amid signs of a weakening labor market and declining consumer confidence [1] Group 2: Economic Indicators - The University of Michigan's Consumer Sentiment Index fell to a three-year low in November, indicating a drop in consumer confidence [1] - The historic government shutdown in the U.S. has led to the absence of key economic data, heightening investor concerns about a significant deterioration in the labor market since the end of September [1] Group 3: Analyst Commentary - Mike Zigmont from Visdom Investment Group suggested that the risk of an economic recession may be unfolding right before our eyes [1]