Latest negative signals have arrived as the earnings season for US tech stocks unfolds. Profit growth is showing a marked slowdown, and the pre-market market has already seen a clear pullback.

Among them, CRDO is down 8.8% in pre-market trading, while MRVL is also down 3%. With sentiment contagion spreading, the technology sector as a whole is under pressure. This once again confirms that, in the current macro environment, corporate earnings pressure is continuing to become more evident, and high-valuation growth stocks face greater pullback risk.

For the crypto market, the spread of risk sentiment from TradFi may also affect the overall performance of risk assets. In the short term, investors should be alert to correlated pullbacks.

#TradFi #美股 #宏观市场