美股极其脆弱！从SaaS、PE到保险、物业甚至物流“轮流大跌”，高盛交易员“疲惫且震惊”

华尔街见闻02-13

美股市场正经历一场罕见的全面性恐慌抛售，AI颠覆预期如同多米诺骨牌般冲击各个行业板块。高盛交易员Ryan Shakey形容当前市场"极其脆弱"，超过40只标普成分股周五出现超过3倍标准差的异常波动，创下他记忆中的最高水平。这一波动规模远超前一交易日的15只个股。市场呈现明显的防御性倾向，公用事业、必需消费品、房地产投资信托和医疗保健板块领涨，而科技、媒体和电信板块则遭遇重挫。高盛AI风险敞口篮子(...

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蓝白红黑的间条衫
02-14
蓝白红黑的间条衫
华尔街见闻这个美股脑残黑子的日常！👽👽👽

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Shakey形容当前市场\"极其脆弱\"，超过40只标普成分股周五出现超过3倍标准差的异常波动，创下他记忆中的最高水平。这一波动规模远超前一交易日的15只个股。市场呈现明显的防御性倾向，公用事业、必需消费品、房地产投资信托和医疗保健板块领涨，而科技、媒体和电信板块则遭遇重挫。高盛AI风险敞口篮子(GSTMTAIR)再次出现3倍标准差的暴跌，单日下挫510个基点。市场恐慌情绪的最新导火索是微软AI业务负责人的言论。据报道，该高管表示大多数白领工作将在12个月内被AI取代，并称\"AI模型的编程能力已超越人类\"。这一表态引发投资者对AI颠覆范围和速度的重新评估。最令交易员震惊的是，投资者普遍丧失了抄底意愿。高盛交易台观察到，对冲基金和多头机构虽在抛售，但规模较小，显示出\"疲惫感正在累积\"。少数买盘仅集中在工业、必需消费品、公用事业、REITs和能源等周期性和防御性板块。市场广度急剧恶化市场广度正在恶化，标普500指数中有350只成分股周五下跌，苹果、亚马逊、微软、Meta和思科对指数拖累最大。高盛交易台活动水平从早盘的4/10大幅升至高位，问询量达到两周以来最高。因子轮动呈现极端特征。防御性板块成为资金避风港，而此前表现强劲的科技板块全线溃败。交易员指出，市场最显著的特征是投资者\"完全不愿意在任何AI相关的急跌中抄底\"，这种现象横跨所有行业板块。物流成为最新重灾区、金融和医疗同样承压、科技全线溃败工业板块中的运输类股周五成为焦点。物流公司CH Robinson股价出现8倍标准差的暴跌，这一异常波动凸显AI恐慌正从科技行业向传统行业蔓延。据高盛工业板块交易员Novak观察，AI在过去一两周内逐个行业扫荡，寻找潜在的\"输家\"。市场对CH Robinson的抛售反映出投资者态度的180度转变——该公司此前被视为AI受益者。争论的焦点在于，使用聊天机器人匹配货运虽能提高效率、降低人力成本，但也可能导致业务商品化。另类资产管理公司在开盘上涨后转为下跌，银行股也开始动摇。高盛金融板块交易员Degrasse指出，超级区域银行此前被视为金融板块的\"有吸引力的避风港\"，但这一逻辑正在瓦解。防御性REITs继续走高，但商业地产服务公司CBRE的强劲财报未能提振股价。交易员表示，\"在当前市场环境下，业绩显然不重要\"，尽管多头坚称最终会重要。医疗保健板块的合同研究组织(CRO)本月迄今已暴跌32%，此前辉瑞宣布将使用AI进行大部分临床试验。ICLR周五单日下跌38%，进一步冲击这一细分领域。科技、媒体和电信板块除存储芯片外全线下挫。软件、互联网以及周五新加入的媒体板块均承受压力。高盛TMT交易员指出，此前的\"赢家\"股票在风险规避情绪下遭到抛售。市场正在重新审视此前被视为AI赢家的公司，估值因素开始发挥作用。投资者困惑于\"这些财报到底有什么问题\"，但在当前恐慌情绪下，基本面分析似乎已被抛诸脑后。","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":532425170096440,"gmtCreate":1771007498339,"gmtModify":1771008319905,"author":{"id":"3546057439648684","authorId":"3546057439648684","name":"蓝白红黑的间条衫","avatar":"https://static.tigerbbs.com/dd62466c8f106fe5d684f40f03a2cdb8","vip":1,"crmLevel":1,"crmLevelSwitch":1,"authorIdStr":"3546057439648684","idStr":"3546057439648684"},"htmlText":"华尔街见闻这个美股脑残黑子的日常！👽👽👽","listText":"华尔街见闻这个美股脑残黑子的日常！👽👽👽","text":"华尔街见闻这个美股脑残黑子的日常！👽👽👽","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/532425170096440","repostId":2611814902,"repostType":2,"repost":{"id":"2611814902","kind":"highlight","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1770943550,"share":"https://www.laohu8.com/m/news/2611814902?lang=zh_CN&edition=full","pubTime":"2026-02-13 08:45","market":"us","language":"zh","title":"美股极其脆弱！从SaaS、PE到保险、物业甚至物流“轮流大跌”，高盛交易员“疲惫且震惊”","url":"https://stock-news.laohu8.com/highlight/detail?id=2611814902","media":"华尔街见闻","summary":"AI颠覆预期如同多米诺骨牌般冲击美股各个行业板块，物流成为最新重灾区、金融和医疗同样承压、科技板块全线溃败。市场广度正在恶化，标普500指数中有350只成分股周五下跌，高盛交易员表示，超过40只标普成分股出现超过3倍标准差的异常波动，创下他记忆中的最高水平，同时投资者普遍丧失了抄底意愿。","content":"<p>美股市场正经历一场罕见的全面性恐慌抛售，AI颠覆预期如同多米诺骨牌般冲击各个行业板块。</p><p><a href=\"https://laohu8.com/S/GS\">高盛</a>交易员Ryan Shakey形容当前市场\"极其脆弱\"，超过40只标普成分股周五出现超过3倍标准差的异常波动，创下他记忆中的最高水平。这一波动规模远超前一交易日的15只个股。</p><p>市场呈现明显的防御性倾向，公用事业、必需消费品、房地产投资信托和医疗保健板块领涨，而科技、媒体和电信板块则遭遇重挫。高盛AI风险敞口篮子(GSTMTAIR)再次出现3倍标准差的暴跌，单日下挫510个基点。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/169a3deff37e7a388e4f27d9033c3078\" tg-width=\"2172\" tg-height=\"1356\"></p><p>市场恐慌情绪的最新导火索是<a href=\"https://laohu8.com/S/MSFT\">微软</a>AI业务负责人的言论。据报道，该高管表示大多数白领工作将在12个月内被AI取代，并称\"AI模型的编程能力已超越人类\"。这一表态引发投资者对AI颠覆范围和速度的重新评估。</p><p>最令交易员震惊的是，投资者普遍丧失了抄底意愿。高盛交易台观察到，对冲基金和多头机构虽在抛售，但规模较小，显示出\"疲惫感正在累积\"。<strong>少数买盘仅集中在工业、必需消费品、公用事业、REITs和能源等周期性和防御性板块。</strong></p><h2 id=\"id_1262611937\">市场广度急剧恶化</h2><p><strong>市场广度正在恶化，<a href=\"https://laohu8.com/S/161125\">标普500</a>指数中有350只成分股周五下跌，</strong><a href=\"https://laohu8.com/S/AAPL\">苹果</a>、<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>、微软、<a href=\"https://laohu8.com/S/META\">Meta</a>和<a href=\"https://laohu8.com/S/CSCO\">思科</a>对指数拖累最大。高盛交易台活动水平从早盘的4/10大幅升至高位，问询量达到两周以来最高。</p><p>因子轮动呈现极端特征。防御性板块成为资金避风港，而此前表现强劲的科技板块全线溃败。交易员指出，市场最显著的特征是投资者\"完全不愿意在任何AI相关的急跌中抄底\"，这种现象横跨所有行业板块。</p><h2 id=\"id_3478259101\">物流成为最新重灾区、金融和医疗同样承压、科技全线溃败</h2><p>工业板块中的运输类股周五成为焦点。物流公司CH Robinson股价出现8倍标准差的暴跌，这一异常波动凸显AI恐慌正从科技行业向传统行业蔓延。</p><p>据高盛工业板块交易员Novak观察，AI在过去一两周内逐个行业扫荡，寻找潜在的\"输家\"。市场对CH Robinson的抛售反映出投资者态度的180度转变——该公司此前被视为AI受益者。争论的焦点在于，使用聊天机器人匹配货运虽能提高效率、降低人力成本，但也可能导致业务商品化。</p><p><strong>另类资产管理公司在开盘上涨后转为下跌，银行股也开始动摇。</strong>高盛金融板块交易员Degrasse指出，超级区域银行此前被视为金融板块的\"有吸引力的避风港\"，但这一逻辑正在瓦解。</p><p>防御性REITs继续走高，但商业地产服务公司CBRE的强劲财报未能提振股价。交易员表示，\"在当前市场环境下，业绩显然不重要\"，尽管多头坚称最终会重要。</p><p><strong>医疗保健板块的合同研究组织(CRO)本月迄今已暴跌32%，此前<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>宣布将使用AI进行大部分临床试验。ICLR周五单日下跌38%，进一步冲击这一细分领域。</strong></p><p>科技、媒体和电信板块除存储芯片外全线下挫。软件、互联网以及周五新加入的媒体板块均承受压力。高盛TMT交易员指出，此前的\"赢家\"股票在风险规避情绪下遭到抛售。</p><p>市场正在重新审视此前被视为AI赢家的公司，估值因素开始发挥作用。投资者困惑于\"这些财报到底有什么问题\"，但在当前恐慌情绪下，基本面分析似乎已被抛诸脑后。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" 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.h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n美股极其脆弱！从SaaS、PE到保险、物业甚至物流“轮流大跌”，高盛交易员“疲惫且震惊”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-13 08:45 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3765638><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>美股市场正经历一场罕见的全面性恐慌抛售，AI颠覆预期如同多米诺骨牌般冲击各个行业板块。高盛交易员Ryan Shakey形容当前市场\"极其脆弱\"，超过40只标普成分股周五出现超过3倍标准差的异常波动，创下他记忆中的最高水平。这一波动规模远超前一交易日的15只个股。市场呈现明显的防御性倾向，公用事业、必需消费品、房地产投资信托和医疗保健板块领涨，而科技、媒体和电信板块则遭遇重挫。高盛AI风险敞口篮子(...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3765638\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK4552":"Archegos爆仓风波概念","GS":"高盛","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) 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ACC","BK4588":"碎股"},"source_url":"https://wallstreetcn.com/articles/3765638","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2611814902","content_text":"美股市场正经历一场罕见的全面性恐慌抛售，AI颠覆预期如同多米诺骨牌般冲击各个行业板块。高盛交易员Ryan Shakey形容当前市场\"极其脆弱\"，超过40只标普成分股周五出现超过3倍标准差的异常波动，创下他记忆中的最高水平。这一波动规模远超前一交易日的15只个股。市场呈现明显的防御性倾向，公用事业、必需消费品、房地产投资信托和医疗保健板块领涨，而科技、媒体和电信板块则遭遇重挫。高盛AI风险敞口篮子(GSTMTAIR)再次出现3倍标准差的暴跌，单日下挫510个基点。市场恐慌情绪的最新导火索是微软AI业务负责人的言论。据报道，该高管表示大多数白领工作将在12个月内被AI取代，并称\"AI模型的编程能力已超越人类\"。这一表态引发投资者对AI颠覆范围和速度的重新评估。最令交易员震惊的是，投资者普遍丧失了抄底意愿。高盛交易台观察到，对冲基金和多头机构虽在抛售，但规模较小，显示出\"疲惫感正在累积\"。少数买盘仅集中在工业、必需消费品、公用事业、REITs和能源等周期性和防御性板块。市场广度急剧恶化市场广度正在恶化，标普500指数中有350只成分股周五下跌，苹果、亚马逊、微软、Meta和思科对指数拖累最大。高盛交易台活动水平从早盘的4/10大幅升至高位，问询量达到两周以来最高。因子轮动呈现极端特征。防御性板块成为资金避风港，而此前表现强劲的科技板块全线溃败。交易员指出，市场最显著的特征是投资者\"完全不愿意在任何AI相关的急跌中抄底\"，这种现象横跨所有行业板块。物流成为最新重灾区、金融和医疗同样承压、科技全线溃败工业板块中的运输类股周五成为焦点。物流公司CH Robinson股价出现8倍标准差的暴跌，这一异常波动凸显AI恐慌正从科技行业向传统行业蔓延。据高盛工业板块交易员Novak观察，AI在过去一两周内逐个行业扫荡，寻找潜在的\"输家\"。市场对CH Robinson的抛售反映出投资者态度的180度转变——该公司此前被视为AI受益者。争论的焦点在于，使用聊天机器人匹配货运虽能提高效率、降低人力成本，但也可能导致业务商品化。另类资产管理公司在开盘上涨后转为下跌，银行股也开始动摇。高盛金融板块交易员Degrasse指出，超级区域银行此前被视为金融板块的\"有吸引力的避风港\"，但这一逻辑正在瓦解。防御性REITs继续走高，但商业地产服务公司CBRE的强劲财报未能提振股价。交易员表示，\"在当前市场环境下，业绩显然不重要\"，尽管多头坚称最终会重要。医疗保健板块的合同研究组织(CRO)本月迄今已暴跌32%，此前辉瑞宣布将使用AI进行大部分临床试验。ICLR周五单日下跌38%，进一步冲击这一细分领域。科技、媒体和电信板块除存储芯片外全线下挫。软件、互联网以及周五新加入的媒体板块均承受压力。高盛TMT交易员指出，此前的\"赢家\"股票在风险规避情绪下遭到抛售。市场正在重新审视此前被视为AI赢家的公司，估值因素开始发挥作用。投资者困惑于\"这些财报到底有什么问题\"，但在当前恐慌情绪下，基本面分析似乎已被抛诸脑后。","news_type":1,"symbols_score_info":{"IWN":0.6,"IWO":0.6,"GS":1.96,"YMmain":2,"SRTY":0.6,"CHRW":1.86,".DJI":2,"TNA":0.6,"TWM":0.6,"NQmain":2,".SPX":2,"MNQmain":0.6,"ESmain":2,"GSX":0.6,".IXIC":2,"UWM":0.6,"RWM":0.6,"TZA":0.6}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":2,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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