Nvidia(US:NVDA) Mei Ri Jing Ji Xin Wen·2025-11-18 01:05Market Overview - On Monday, U.S. stock indices initially rose but then fell sharply, with the Nasdaq dropping nearly 1.5% at one point, and the VIX index increasing by 13% during the day [2] - By the close, the Dow Jones fell 1.18% to 46,590.24 points, the S&P 500 dropped 0.92% to 6,672.41 points, and the Nasdaq decreased 0.84% to 22,708.07 points [3] - The S&P 500 index has declined over 2% in November so far, breaking a six-month streak of gains, and is down over 3% from its historical high, while the Nasdaq has fallen over 5% from its record high [3] Technology Sector - Major tech stocks mostly declined, with Apple down 1.82%, Microsoft down 0.53%, Amazon down 0.78%, Meta down 1.22%, and Nvidia down 1.83%. Tesla, however, rose 1.13% [4] - Nvidia is set to report earnings after the market closes on Wednesday, and recent news indicates that Peter Thiel's Thiel Macro Fund sold approximately 537,000 shares of Nvidia, representing nearly 40% of its portfolio [4] - SoftBank also announced it has completely liquidated its Nvidia holdings, cashing out $5.83 billion to reinvest in OpenAI [4] Google Performance - Google was one of the few bright spots in the market, initially rising 6% to reach a new all-time high, but closed with a gain of just over 3% [5] - The surge in Google's stock was catalyzed by Berkshire Hathaway's third-quarter investment in the company, which excited investors despite Google's significant gains earlier this year [5] Semiconductor and Storage Sector - Storage chip stocks saw gains, with SanDisk rising over 4%, and Western Digital and Seagate also following suit [6] - SanDisk announced a significant price increase of up to 50% for NAND flash memory contracts starting in November, marking at least the third price hike this year, driven by tight supply conditions due to AI data center demand and wafer supply constraints [6] Chinese Stocks - The Nasdaq Golden Dragon China Index fell 1.21%, with notable declines in several Chinese stocks, including Xpeng down 10.32% and Li Auto down 4.75% [6] - Alibaba, however, rose 2.54% following the public beta launch of its Qwen-based app, which aims to cover various life scenarios [7] Currency and Commodities - The U.S. dollar index rose 0.29% to close at 99.588 [9] - International oil prices saw slight declines, with light crude oil futures down 0.3% to $59.91 per barrel and Brent crude down 0.3% to $64.20 per barrel [9] Federal Reserve Outlook - Federal Reserve Governor Waller reiterated the need for another rate cut in December, citing a weak labor market and the impact of monetary policy on low- and middle-income consumers [13] - The probability of a 25 basis point rate cut in December is currently at 44.4%, with uncertainty in the market increasing due to recent labor market data [14] - Morgan Stanley's chief U.S. equity strategist predicts a 16% increase in the S&P 500 over the next year, supported by strong corporate earnings and a new bull market cycle [14]