今夜，暴跌！美联储，降息大消息！

Group 1: Market Reaction - The U.S. stock market experienced volatility, with the Dow Jones rising by 300 points while the Nasdaq fell by approximately 0.4% [3] - Concerns over a potential reshaping of the tech landscape due to the escalating AI chip competition between Google and Nvidia led to a sell-off in tech stocks [4] - Nvidia's stock dropped about 6%, marking a significant decline and a loss of $1 trillion in market value from its peak [5][6] Group 2: Company Performance - Google's stock rose nearly 3% following reports that Meta plans to invest billions in Google's AI chips, bringing the company closer to a $4 trillion market cap [4] - Analysts noted that Google is making substantial progress in challenging Nvidia's leading AI accelerator chips, prompting investors to reassess the competitive landscape in the tech sector [6][7] - Google's advantages include vast data resources for training AI models, continuous profits, and proprietary computing infrastructure, positioning it favorably against competitors like OpenAI [8] Group 3: Economic Indicators - Recent labor and retail data indicate a softening U.S. economy, leading traders to increase bets on a 25 basis point rate cut by the Federal Reserve in December, with probabilities exceeding 80% [9][10] - The Producer Price Index (PPI) showed a 0.3% increase, aligning with expectations, but core PPI rose only 0.1%, below the anticipated 0.2% [9] - The ADP report highlighted a rise in layoffs, with private sector job losses averaging about 13,500 per week, contributing to the market's expectations for a rate cut [10]