[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio8715d222":3},{"user":4,"document":8,"mainDocument":28,"columnUrl":30,"subscription":31,"footer":43,"text":78},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":24,"videoId":6,"liveVideoUrl":6,"duration":25,"price":25,"priceText":26,"priceBadgeText":26,"priceBadgeClass":27,"freeForMinGroupLevel":25,"redirectUrl":6,"readyToStream":5},"dcio8715d222","美股 为何暴跌？背后多个主因！多只科技股惨遭大抛售！AI 量子 核能","\u002Fdoc\u002Fdcio8715d222","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>导语：美股今天下跌的原因是随着投资者对引领本轮牛市的个股估值日益感到担忧，英伟达与Palantir遭到做空，AI相关个股普跌。高盛与大摩CEO关于美股可能回调的警告加重了市场不安情绪。\u003C\u002Fp>\u003Cp>\u003Cstrong>美联储降息路径不确定\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>芝加哥联储主席古尔斯比、美联储理事丽莎周一均表示，尚未就12月是否再次降息一事作出决定。古尔斯比指出，通胀担忧和缺乏官方经济数据使再次降息的门槛更高。库克和戴利也强调了通胀和劳动力市场的风险，并表示12月降息将取决于后续数据。\u003C\u002Fp>\u003Cfigure class=\"image\" data-img-size-val=\"804,176\">\u003Cimg style=\"aspect-ratio:804\u002F176;\" src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20251105\u002Fv2_9bc36710c93049c38592f090969815bb@5576020_oswg24226oswg804oswg176_img_000?x-oss-process=image\u002Fformat,jpg\u002Finterlace,1\" width=\"804\" height=\"176\">\u003C\u002Ffigure>\u003Cp>\u003Cstrong>华尔街金融大佬们预警回调\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>摩根士丹利首席执行官Ted Pick和高盛的首席执行官David Solomon预警：股票市场“介于公允与昂贵”之间，认为未来一段时期内可能出现大幅抛售，并指出回调是市场周期的正常特征。10%健康的回调难避免。\u003C\u002Fp>\u003Cp>根据美股投资网 TradesMax.com的消息，华尔街资管机构的多位首席执行官表示，投资者们应为12个月内或者24个月之内超过10%的股票市场健康回撤做好对应的准备工作，并称此类调整可能是一种积极的发展势头，而绝非熊市开启的悲观信号。Capital Group 的总裁兼首席执行官Mike Gitlin表示，企业盈利表现确实非常强劲，但“具有挑战性质的是估值确实太高了”。\u003C\u002Fp>\u003Cp>美国股市表面繁荣，但背后隐藏着显著的结构性分化。标普500指数的涨势几乎完全依赖“七大科技巨头”（苹果 AAPL、英伟达、微软、亚马逊、特斯拉、Meta 和 Alphabet），而其余493家成分股的表现远远落后。\u003C\u002Fp>\u003Cp>华尔街策略师普遍认为，只要这些大型科技企业的盈利动能不减，投资者就没有理由与这一趋势对抗。\u003C\u002Fp>\u003Cfigure class=\"image\" data-img-size-val=\"719,538\">\u003Cimg style=\"aspect-ratio:719\u002F538;\" src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20251105\u002Fv2_1d1e5b35ccbe4b19a515831dc55a2449@5576020_oswg174711oswg719oswg538_img_000?x-oss-process=image\u002Fformat,jpg\u002Finterlace,1\" width=\"719\" height=\"538\">\u003C\u002Ffigure>\u003Cp>美股投资网引用彭博数据，“七巨头”在第三季度的盈利增长预计高达 27%，约为此前市场预期的两倍，成为支撑整体市场的关键力量。相比之下，剔除这七家公司后，标普500其他成分股的利润增幅仅为 8.8%，远低于整体水平。\u003C\u002Fp>\u003Cp>与此同时，Jefferies数据显示，标普500等权重指数——反映普通股票平均表现的指标——相对标普500指数的折价已超过 25%，凸显出市场集中度的极端化。然而，多数策略师依然认为，只要科技巨头的盈利机器继续运转，趋势短期内难以逆转。\u003C\u002Fp>\u003Cp>\u003Cstrong>AI乐观情绪与“赢家通吃”的新格局\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>尽管市场集中度的飙升引发泡沫担忧，但AI浪潮带来的乐观预期，叠加科技巨头持续强劲的业绩表现，使得华尔街更多资金仍选择押注少数赢家，而非等待市场广度的恢复。\u003C\u002Fp>\u003Cp>“七巨头”的强劲财报已成为支撑美股上涨的核心支柱。苹果、亚马逊等公司最新季度业绩的亮眼表现，进一步强化了投资者对这一群体的信心。\u003C\u002Fp>\u003Cp>\u003Cstrong>“大空头”再出手：Michael Burry 重押 AI 泡沫破裂\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>因电影《大空头》（The Big Short）而声名大噪的投资者Michael Burry，正以实际行动押注人工智能泡沫的破裂。监管文件显示，他掌管的Scion Asset Management 基金中，约 80% 的仓位集中做空英伟达（NVIDIA, NVDA）和 Palantir（PLTR），名义价值超过 10 亿美元。 \u003C\u002Fp>\u003Cfigure class=\"image\" data-img-size-val=\"1024,575\">\u003Cimg style=\"aspect-ratio:1024\u002F575;\" src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20251105\u002Fv2_c835c453237042debfb2a8af9693c031@5576020_oswg55097oswg1024oswg575_img_000?x-oss-process=image\u002Fformat,jpg\u002Finterlace,1\" width=\"1024\" height=\"575\">\u003C\u002Ffigure>\u003Cp>然而，自 9 月底以来，这两只股票持续上涨，使得 Burry 的空头头寸目前陷入账面亏损。 \u003C\u002Fp>\u003Cfigure class=\"image\" data-img-size-val=\"587,310\">\u003Cimg style=\"aspect-ratio:587\u002F310;\" src=\"https:\u002F\u002Fimg.36krcdn.com\u002Fhsossms\u002F20251105\u002Fv2_dd9d355853434eb19f8a5705a377599a@5576020_oswg135077oswg587oswg310_img_000?x-oss-process=image\u002Fformat,jpg\u002Finterlace,1\" width=\"587\" height=\"310\">\u003C\u002Ffigure>\u003Cp>根据两周前公布的13F 文件，Burry 的确在“采取行动”。文件显示，Scion 针对 Palantir 的看跌期权名义价值高达 9.12 亿美元（约相当于 500 万股），而针对英伟达的看跌期权名义价值则为 1.86 亿美元。不过，文件并未披露这些期权的实际支付权利金、行权价格或到期时间，因此外界无法确切判断其风险敞口的深度与时间跨度。 \u003C\u002Fp>\u003Cp>\u003Cstrong>美国政府关门破记录\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>美国国会参议院4日再次未能通过联邦政府临时拨款法案。这意味着10月1日开始的本轮联邦Z府“停摆”即将打破2018年年底至2019年年初“停摆”35天的历史纪录，成为美国历史上持续时间最长的Z府“停摆”。\u003C\u002Fp>\u003Cp>\u003Cstrong>加密货币市场遭遇抛售\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>此外，加密货币市场再度显著下跌，其中 比特币 (BTC) 跌破10.4万美元， 以太坊(ETH)跌破3500美元。老牌Defi协议Balancer周一疑似遭到黑客攻击，预估损失可能超过1亿美元，令原本就处于动荡的币圈雪上加霜。Capriole Investments创始人Charles Edwards表示，机构对比特毕的需求在7个月内首次下降到低于新币开采速度，此举表明大买家可能在撤退，整个加密市场呈现风险回避态度。\u003C\u002Fp>\u003Cp> \u003C\u002Fp>","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202511-stk\u002FUploaderooqht1cebww_2025_11_04_16_44_22.jpeg","2025-11-04T22:26:13.12","2025.11.04","2025\u002F11\u002F04",33070,[22,23],"PLTR","NVDA","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":29,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":24,"videoId":6,"liveVideoUrl":6,"duration":25,"price":25,"priceText":26,"priceBadgeText":26,"priceBadgeClass":27,"freeForMinGroupLevel":25,"redirectUrl":6,"readyToStream":5},[22,23],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":32,"services":33,"recentDocuments":42},"\u003Cfigure class=\"image\">\u003Ca 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href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\">案例介绍：英伟达深度研究报告\u003C\u002Fa>\u003C\u002Fh2>\u003C\u002Fdiv>",[34,38],{"productId":35,"serviceName":36,"priceText":37},"prod_PPxdDdK87QaiLv","月付","$12.95美元",{"productId":39,"serviceName":40,"priceText":41},"prod_PPxeMs3bix1da5","年付","$149.00美元",[],{"links":44,"images":69,"summaryHtml":74,"aboutTitle":75,"aboutHtml":76,"copyrightHtml":77},[45,48,51,54,57,60,63,66],{"label":46,"url":47},"深度报告","\u002Fcol\u002FdepthReport",{"label":49,"url":50},"VIP会员","\u002Fplan",{"label":52,"url":53},"期权推荐","\u002FOption",{"label":55,"url":56},"低价暴涨股","\u002FPenny",{"label":58,"url":59},"常见问题","https:\u002F\u002Fstockwe.com\u002FFAQ",{"label":61,"url":62},"美股课程","\u002Fcol\u002Fvideos",{"label":64,"url":65},"免责声明","\u002Fdisclaimer",{"label":67,"url":68},"联系我们","\u002FContactUs",[70,71,72,73],"https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploaderzic2tuwsol2_2025_09_11_18_21_07.gif","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadercakzdvydksw_2025_09_03_09_00_56.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadergtjyagwvoyk_2025_09_14_08_32_05.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploader3u0tt4jhlqh_2025_09_23_22_30_48.png","邮箱: buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理千万级股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":79,"search":80,"searchPlaceholder":80,"hotContent":81,"draft":82,"noData":83,"searchNoData":84,"edit":85,"editVideo":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]