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Google and Microsoft also expressed goodwill towards the incoming president! They donated 1 million dollars to Trump's inauguration Fund.
① Microsoft, Google, and other technology giants donated to Trump's inauguration fund, with Microsoft donating 1 million USD, and Google also announced donations and provided technical support; ② Technology companies are facing regulatory pressure from the Republican Party and are trying to improve their relationship with the Trump administration. Microsoft's CEO Nadella has met with Trump multiple times in hopes of promoting favorable AI policies.
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How high are the valuations of the U.S. stock market? They have reached the level of "irrational exuberance."
Bloomberg pointed out that the current valuation of the US stock market has reached its highest level since 2002, a level that is exactly the same as when Greenspan issued his warning of "irrational exuberance" in 1996.
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AI has triggered a wave of layoffs on Wall Street! The number of unemployed individuals in the next three years may exceed 200,000.
The report indicated that in the next 3 to 5 years, due to AI 'encroaching' on human jobs, Global Banks will lay off up to 200,000 people, with backend, mid-office, and Operation positions facing the highest risks. At the same time, 80% of respondents expect that generative AI will increase productivity and income by at least 5% during this period.
Are market worries excessive? Wall Street: NVIDIA's moat is robust, Blackwell has tight supply and demand, AI and accelerated computing drive sustainable growth.
UBS Group believes that NVIDIA has a strong moat in the AI field, and expects revenue to reach 133.2 billion US dollars in the fiscal year 2025. Citigroup believes that NVIDIA's growth is sustainable, stemming from four trends: the traditional computing market shifting to accelerated computing, AI becoming a new layer of computing, demand for AI factories, and AI empowering corporate productivity. JPMorgan forecasts that supply and demand in the Blackwell market may still be tight after 2025.
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