Nvidia(US:NVDA) Di Yi Cai Jing·2025-11-17 23:01Market Overview - Major U.S. stock indices fell over 1%, with the Dow Jones down 557.24 points (1.18%) closing at 46590.24, the Nasdaq down 0.84% at 22708.07, and the S&P 500 down 0.92% at 6672.41, marking the first drop below the 50-day moving average since April [1] - European indices also weakened, with the Stoxx 600 down 0.54%, DAX 30 down 1.20%, and CAC 40 down 0.64% [1] - The Cboe Volatility Index (VIX) surged 12.97% to 22.39, indicating increased market volatility [1] Company-Specific Developments - Nvidia shares fell 1.8% after Peter Thiel's fund liquidated all its holdings in the company [2] - Apple also dropped 1.8% following a court ruling requiring it to pay $634 million for patent infringement related to certain Apple Watch models [2] - Oracle, Meta, Amazon, and Microsoft saw declines of 1.3%, 1.2%, 0.8%, and 0.5% respectively, while Tesla rose 1.1% [2] - Alibaba's stock increased by 2.6% as it announced its "Qianwen" project aimed at entering the AI to C market, with the app's public beta launched [2] Economic Indicators and Federal Reserve Insights - The U.S. government shutdown has ended, and key economic data is expected to be released soon, including the delayed September employment report [3] - Federal Reserve officials indicated that further rate cuts would need to be gradual, with a 25 basis point cut anticipated in December due to a weak job market [3] - The 10-year U.S. Treasury yield fell to 4.132%, while the 2-year yield dropped to 3.609% [3] - Market expectations for the Fed to maintain rates in December have risen to over 57%, compared to nearly 94% a month ago for a rate cut [3] Earnings Season and Market Sentiment - The earnings season is reaching its peak, with major retailers like Walmart, Home Depot, and Target set to report [3] - Nvidia's upcoming earnings report is highly anticipated, as it will assess the sustainability of the remarkable gains in AI-related stocks this year [3] - Concerns are growing among investors regarding the high valuations in the tech sector, with indications of potential bubbles [3][4] Other Market Movements - Dell Technologies shares fell over 8% after Morgan Stanley downgraded its rating from "overweight" to "underweight" [5] - International oil prices saw a slight decline, with WTI crude at $59.91 per barrel and Brent crude at $64.20 per barrel [5] - Gold prices weakened, with COMEX gold futures down 0.47% to $4068.30 per ounce, later dipping to $4010 [5]