Nvidia(US:NVDA) Mei Ri Jing Ji Xin Wen·2025-11-11 16:30Market Overview - US stock market showed mixed results, with the Dow Jones up by 0.36%, while the Nasdaq and S&P 500 indices fell by 0.74% and 0.29% respectively [2] - Major tech stocks experienced a decline, with notable drops from Nvidia at 3.31% and Tesla at 2.28%, while Apple saw an increase of 1.59% [4][5] SoftBank's Financial Moves - SoftBank disclosed in its latest financial report that it has completely liquidated its position in Nvidia, generating $5.83 billion in funds. Additionally, it reduced its stake in T-Mobile, raising $9.17 billion [5] - The last time SoftBank sold its Nvidia shares was in 2019, where it invested $4 billion and made a profit of $3 billion. If it had retained those shares, the current value would exceed $240 billion [5] Labor Market Concerns - The US labor market is showing signs of deterioration, with ADP reporting an average weekly loss of 11,250 jobs in the private sector for the four weeks ending October 25 [7] - A report from Challenger, Gray & Christmas indicated that the number of announced layoffs in October was the highest for that month in over two decades, raising concerns about the health of the labor market [8] - A survey by the University of Michigan revealed that 71% of respondents expect the unemployment rate to rise in the next year, the highest percentage since 1980 [8] Cryptocurrency Market - The cryptocurrency market faced a significant downturn, with Bitcoin dropping to $103,881 and Ethereum falling below $3,500, resulting in over 140,000 liquidations totaling $417 million [9][10] - The International Organization of Securities Commissions (IOSCO) warned that tokenized assets linked to mainstream financial assets could pose new risks to investors, highlighting the ongoing debate within the financial industry regarding the benefits and drawbacks of tokenization [11][12] Tokenization Insights - IOSCO noted that while interest in tokenization is rising, actual applications remain limited, and the efficiency gains from blockchain technology are not uniformly distributed [14][16] - The organization emphasized that market participants still rely on traditional market infrastructure during transactions, which undermines the potential benefits of blockchain [16][17]