这也并非伯里首次做空英伟达。他早在今年一季度，就几乎清空了所有上市股票持仓，同时在美国总统 特朗普挑起关税战搅动全球市场前，就建立了对英伟达和中概股的看跌头寸。 今年以来，英伟达股价已累计上涨55%，市值增加逾1.6万亿美元。上周更是创造历史，成为全球首家 市值突破5万亿美元的公司。英伟达股价在2023年和2024年业分别录得240%和170%的涨幅。Palantir股 价年内更是飙升超过157%。周一，Palantir还上调了全年营收预期。 在华尔街近期越来越频繁警示人工智能（AI）投资泡沫之际，美国传奇空头迈克尔·伯里(Michael Burry) 旗下的赛恩资产管理公司(Scion Asset Management)最新披露的持仓显示，他已开始大举做空AI概念股龙 头股英伟达和Palantir。 受此影响，英伟达、Palantir和其他一众大型科技股、AI概念股均录得下跌。今日亚太交易时段，受隔 夜美股影响，日韩等亚太股市同样低开低走，软银集团已跌去10%。 近几个月来，投资者担忧情绪升温，原因是围绕OpenAI、英伟达及其他以人工智能为焦点的公司出现 了一波"循环交易"，引发外界担心AI繁荣被人为支撑 ...

11 月 2 日，英伟达首次把 H100 GPU 送入了太空，参阅报道《英伟达发射了首个太空 AI 服务器，H100 已上天》。而刚刚谷歌宣布，他们也要让 TPU 上 天。 这个项目被命名为Project Suncatcher（捕光者计划），这是一个「基于太空的可扩展 AI 基础设施系统设计」。谷歌 CEO Sundar Pichai 表示，此项目可 以更好地利用太阳的能量来驱动 AI，毕竟太阳发出的能量比人类总电力生产量高出 100 万亿倍。 他也宣布了首次发射的时间：2027 年初。届时，谷歌将与 Plant 公司一起发射两颗原型卫星。 此举自然引起了广泛关注和讨论： 他说：「像任何登月计划一样，它将需要我们解决许多复杂的工程挑战。早期研究表明，我们的 Trillium 代 TPU（我们的张量处理单元，专为 AI 设计） 能挺过粒子加速器测试（模拟低地球轨道水平的辐射）。然而，重大挑战仍然存在，如热管理和在轨系统可靠性。」 也有人让谷歌的 Veo 做了些夸张的想象： Project Suncatcher 基于太空的可扩展 AI 基础设施系统设计 Project Suncatcher是一项宏伟的探索，旨在探 ...

Group 1: Investment Actions - Michael Burry's Scion Asset Management has significantly shorted NVIDIA and Palantir, with these positions making up 80% of its investment portfolio [1][3] - The nominal value of put options for Palantir is $912.1 million (5 million shares), while for NVIDIA it is $186.6 million (1 million shares) [4] - Burry's actions align with his previous warnings about an AI bubble, drawing parallels to the 1999-2000 internet bubble [5] Group 2: Company Responses - Palantir's CEO Alex Karp criticized Burry's shorting strategy, arguing that both Palantir and NVIDIA are highly profitable companies [3] - Burry's short positions are currently facing losses as both NVIDIA and Palantir's stock prices have risen since the end of September [5] Group 3: Market Trends and Insights - The AI storage market is experiencing structural changes due to demand driven by AI computing needs, with SK Hynix announcing new AI storage products [14][15] - The robotics industry in China has seen a revenue increase of 29.5% in the first three quarters of the year, driven by manufacturing upgrades and new industry demands [16]

Group 1 - The US stock market experienced a collective decline, with major indices falling significantly, including a drop of 486.08 points (2.04%) in the Nasdaq [2] - Nvidia's market value decreased by approximately $199 billion (about 14,188 million RMB) in a single night, marking a significant loss for the company [2] - Following a historical high on October 29, Nvidia's stock has faced five consecutive days of decline, raising concerns about a potential market bubble [3] Group 2 - The South Korean stock market saw a sharp decline, with the KOSPI index dropping over 6%, triggering a trading halt mechanism due to excessive selling pressure [1] - Investors are increasingly worried about the overheating of the investment market, leading to a shift towards traditional safe-haven assets [1] - High-profile executives from Goldman Sachs and Morgan Stanley expressed concerns about the current valuation of tech stocks, predicting potential market corrections of 10% to 20% in the coming months [3]

Group 1: Banking Sector Performance - The total operating income of 42 A-share listed banks exceeded 4.3 trillion yuan in the first three quarters of 2025, with over 60% of banks reporting year-on-year growth [1] - Analysts noted that the performance was better than expected, attributing the revenue growth to stabilizing net interest margins, despite being in a downward trend [1] Group 2: Insurance Sector Performance - 86 property insurance companies reported a combined net profit of over 77.8 billion yuan in the first three quarters of 2025, with both insurance business income and net profit showing year-on-year increases [1] - The significant growth in net profit was attributed to optimized business structure, improved operational efficiency, and recovering investment returns [1] Group 3: Technology Sector Developments - Michael Burry's Scion Asset Management disclosed significant short positions in AI stocks like Nvidia and Palantir, indicating concerns over market exuberance [3][11] - Tesla's AI5 chip production is expected to begin in 2027, with the AI6 chip anticipated for mid-2028, highlighting the timeline for advancements in AI technology [3] Group 4: Nintendo Financial Results - Nintendo reported a net sales figure of 527.2 billion yen and an operating profit of 88.25 billion yen for the second fiscal quarter, with an upward revision of sales expectations for the Switch 2 console [4] Group 5: AMD and Supermicro Financial Performance - Supermicro's first-quarter net sales were reported at $5 billion, falling short of analyst expectations, while AMD's guidance was deemed not impressive, leading to stock declines [4][11] Group 6: Market Reactions and Trends - The US stock market experienced a significant downturn, with the Nasdaq dropping over 2%, driven by fears of overvaluation and heavy selling in tech stocks [11] - The dollar index reached a three-month high, while commodities like oil and gold saw declines, reflecting broader market volatility [11]

Group 1 - Microsoft introduced a new category of PC featuring generative artificial intelligence tools integrated into Windows, highlighting the ongoing excitement around AI technology [1] - Tech companies like AMD exceeded expectations for AI chip demand, while Palantir reported strong growth, yet the Nasdaq index declined, indicating a disconnect between stock performance and AI enthusiasm [2] - There are warnings from CEOs about a potential market correction and a mismatch between revenues and the significant capital expenditures required for AI development, suggesting a need for investors to reassess their focus on AI [3]

来源：智通财经 当地时间11月4日，美股三大指数集体回调，全线收跌。大型科技股普跌，其中，英伟达跌近4%，市值 一夜蒸发1990亿美元（约合人民币14188亿元），英特尔跌超过6%，特斯拉跌超5%，谷歌跌超2%，亚 马逊、Meta跌超1%。 自10月29日创下历史新高后，英伟达股价一路回落，这已是近期的第5连跌。截至11月5日收盘，英伟达 股价报收198.69美元/股，总市值约4.83万亿美元，跌破5万亿美元。 此时距离英伟达市值首次突破5万亿刚刚过去4天。 美东时间10月29日美股开盘，英伟达高开高走，涨幅扩大至5%，再创历史新高，最高摸到212.19美元/ 股，总市值达到5.156万亿美元，成为全球首家市值突破5万亿美元的公司，单日增加市值超2500亿美 元。 市场消息面上，AI热潮助推美股估值一路飞升，市场开始担忧高估值是否已经形成泡沫？高盛和大摩 CEO齐发预警，称美股估值太高了，可能出现至少10%回调。高盛董事长兼CEO苏德巍11月4日出席国 际金融领袖投资峰会时表示，目前科技股的估值已经"见顶"，未来12到24个月内，股市很可能会出现 10%到20%的回撤。摩根士丹利首席执行官Ted Pick也称 ...

英伟达市值一夜蒸发1.4万亿元 10月14日，美国三大股指收盘涨跌互现。道琼斯工业平均指数上涨0.44%，收于46270.46点；标普500指 数下跌0.16%，收于6644.31点；纳斯达克综合指数下跌0.76%，收于22521.7点。 鲍威尔近期讲话 据新华社报道，鲍威尔14日重申，美联储将在每次会议上根据不断变化的经济前景和风险评估，单独决 定货币政策，而不是遵循预先设定的路径。 国际货币基金组织（IMF）也发布了最新的《世界经济展望》，预测2025年全球经济增长率为3.2%，较 7月份的预测值上调0.2个百分点；2026年全球经济增长率为3.1%，与7月份的预测值持平。 2%……当天 在费城举行的美国商业经济协会年会上，鲍威尔表示，由于需要平衡就业和通胀这两个相互冲突的目 标，美联储的利率政策不存在无风险路径。 | 道琼斯 | 标普500 | 纳斯达克 | | --- | --- | --- | | 47085.24 | 23348.64 6771.55 | | | 51.44 -0.53% -486.08 -2.04% -80.42 -1.17% | | | | 多伦多300 巴西IBOVESPA ...

图片来源：央视新闻 据新华社，民主、共和两党围绕临时拨款法案的主要争议在于医保福利开支。美国《平价医疗法案》医保的2026年度参保登记于11月1日启动。由于两党 未能就相关政府补贴达成一致，保险公司公布的年度保费大幅上涨。参议院民主党领袖舒默4日在社交媒体上发文称，共和党人应该为明年飙升的医保价 格负责，"400万美国人将完全失去医疗保险"。 美国总统特朗普则继续把"停摆"归咎于民主党。3日，监管"补充营养援助计划"的美国农业部表示将动用一笔46.5亿美元的应急资金，作为该项目11月的部 分食品救济金进行发放。然而，特朗普4日在社交媒体上发文称，这些数千万低收入民众急需的救济金"只有在激进左翼民主党人给政府开门之后才能发 放"。 美国联邦政府运转资金本应来自年度预算拨款。国会两党通常应在10月1日新财年开始前通过新的年度拨款法案。但由于近年来两党争斗激烈，往往无法 及时达成一致，国会便试图通过临时拨款法案暂时维持联邦政府运转。 据央视新闻，当地时间11月4日，美国国会参议院以54票对44票的结果，再次未能通过联邦政府临时拨款法案。 这意味美国联邦政府将继续"停摆"，10月1日开始的本轮联邦政府"停摆"即将打破 ...

Market Overview - The S&P 500 index fell by 1.17% to 6771.55 points, the Nasdaq Composite dropped by 2.04% to 23348.64 points, and the Dow Jones Industrial Average decreased by 0.53% to 47085.24 points, indicating a market adjustment amid concerns over high valuations [1] Company Performance - Palantir, a leading AI application stock, saw its shares decline by 7.94% despite reporting earnings that exceeded expectations and raising its performance guidance. The stock has quadrupled in value over the past year, becoming a symbol of the "AI bubble" [2] - Nvidia's stock fell by 3.96%, while other major tech stocks like Apple and Microsoft experienced mixed results, with Apple rising by 0.37% and Microsoft dropping by 0.52% [7] Investor Sentiment - Investor confidence was further shaken by Michael Burry's disclosure of purchasing put options on Palantir and Nvidia, which raised concerns among retail investors [5] - The retail investor preference index compiled by Goldman Sachs dropped by 3.6%, approximately three times the decline of the S&P 500 index, reflecting a challenging day for day traders [5] Market Predictions - BTIG's chief market technician, Jonathan Krinsky, indicated that the S&P 500 has not tested the 50-day moving average since April, currently around 6654 points, and suggested potential declines to the 6400-6500 point range due to extreme market divergences [5] - Goldman Sachs and Morgan Stanley executives expressed concerns about a potential market pullback of 10% to 20% over the next 12 to 24 months, with Morgan Stanley's CEO suggesting that a 10%-15% correction would be welcome if not driven by macroeconomic factors [5] Broader Market Trends - Similar to the U.S. stock market, commodities, including oil and gold, experienced declines, with Bitcoin dropping nearly 6% and Ethereum falling over 10% in the cryptocurrency market [6] - The Nasdaq China Golden Dragon Index fell by 2.05%, with notable declines in Chinese stocks such as Alibaba down 2.02% and JD.com down 2.93% [8]