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Despite the IPO not being finalized, SpaceX's valuation is sharply rising in secondary market trading, pushing the valuation to approximately $800 billion, doubling from $400 billion this summer. As an early investor holding shares in SpaceX since 2015, Google's parent company Alphabet is expected to record substantial paper gains due to the surge in SpaceX's new round of valuation
Investors discuss on social media: Walmart's forward P/E ratio is currently 40 times, while NVIDIA's is 23 times. The discussion is all about the latter's bubble, but who is really more of a bubble?
The Bank of Japan meeting has firmly decided on a 25 basis point interest rate hike; the interest rate decisions of the European Central Bank and the Bank of England will also be announced. The first non-farm payroll report and inflation data after the U.S. government shutdown will be released, with Federal Reserve officials such as Milan making intensive speeches. Domestically, data on retail sales, industrial production, and housing prices will be announced. The Moore Threads conference will unveil the next-generation GPU architecture; at the ByteDance Volcano Engine conference, Doubao may receive a significant upgrade; NVIDIA will hold an AI Power Conference. MetaX may officially go public, and Micron Technology will release its earnings report
The team led by Lin Rongxiong from China National Investment Corporation pointed out that the A-share technology sector has gradually focused on clearly defined industrial trends since the second quarter. AI applications and robotics performed poorly in the second quarter, while AI hardware such as storage, PCBs, and optical modules continued to lead the market. In the third quarter, the advantages of optical modules became evident, and the rise of Google's Gemini 3 in November made Google's supply chain superior to NVIDIA. This internal narrowing of the technology sector reflects a surge of funds into high-certainty directions, indicating a decline in risk appetite and a reversal of expectations
