内容来源：https://techcrunch.com/2025/11/08/is-wall-street-losing-faith-in-ai/

内容总结：

美股科技板块本周遭遇大幅回调，纳斯达克综合指数单周下跌3%，创下自2018年4月前总统特朗普宣布关税计划以来最差周表现。此次下跌被市场解读为投资者对人工智能热潮的乐观情绪正在降温。

尽管多家科技巨头今年表现亮眼，但本周仍集体受挫：帕兰泰尔股价重挫11%，甲骨文下跌9%，英伟达跌幅达7%。此前Meta与微软在财报中均表示将继续加大AI领域投入，但两家公司股价仍双双下挫约4%。

克雷塞特资本首席投资官杰克·艾布林指出："当前估值已处于高位，任何利空消息都会被放大，而利好消息因市场预期过高难以推动股价上涨。"

分析认为，政府停摆风险、消费者信心下滑及裁员潮等经济因素共同拖累市场。不过标普500指数与道琼斯工业指数跌幅相对较缓，分别下跌1.6%和1.2%，显示科技股已成为本轮调整的主要承压对象。

中文翻译：

科技股经历的惨淡一周可能意味着投资者对人工智能的信心正在动摇。《华尔街日报》报道称，纳斯达克综合指数下跌3%，创下自当年4月前总统特朗普宣布全面关税计划以来最差单周表现。此前表现亮眼的科技企业首当其冲：Palantir股价单周暴跌11%，甲骨文下挫9%，英伟达跌幅达7%。此番下跌正值Meta与微软在财报中表明将继续重金投入AI领域（两家公司股价均下跌约4%）之际。

克雷塞特资本首席投资官杰克·艾布林向《华尔街日报》表示："估值已处于高位，任何利空消息都会被放大......而由于市场预期本就居高，利好消息已难以推动股价上涨。"持续政府停摆、消费者信心下滑及大规模裁员等经济因素也在拖累股市。但科技股权重较低的标准普尔500指数和道琼斯工业平均指数表现相对平稳，跌幅分别为1.6%和1.2%。

英文来源：

A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence.
The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced his sweeping tariff plan in April.
Tech companies that have otherwise performed well this year were among those hardest hit, with Palantir’s stock price falling 11% this week, Oracle declining by 9%, and Nvidia losing 7%. These drops also come after earnings reports in which Meta and Microsoft indicated that they plan to continue spending heavily on AI (both companies were down about 4%).
“Valuations are stretched,” Cresset Capital’s Jack Ablin told the WSJ. “Just the slightest bit of bad news gets exaggerated … and good news is just not enough to move the needle because expectations are already pretty high.”
Economic factors like the ongoing government shutdown, declining consumer sentiment, and widespread layoffs are also likely dragging down the stock market. But the less tech-heavy S&P 500 and Dow Jones Industrial Average didn’t do quite as badly, with declines of 1.6% and 1.2%, respectively.