U.S. stock premarket analysis: Tech hardware under pressure, memory losses continue to widen 🔥
Memory stocks continue to trend lower and have taken on the characteristics of defensive assets. This is partly due to the impact of geopolitical conflicts, as well as OpenAI’s earnings falling short of market expectations.
Even Elon Musk, who is now almost entirely betting on AI, has come out to keep promoting the idea that AI is slowing down. Is he hoping to get in at a lower price, or is he genuinely concerned about AI?
As enthusiasm for AI cools, memory stocks are right in the spotlight. Take $SNDK , for example—it has already fallen several times during intraday trading.
Selling in Asia is now weighing on sentiment in U.S. stocks. Many in the market remain optimistic about demand from the AI industry, but given the rapid pace of expansion and lofty expectations, traders are concerned about when investments in memory will translate into revenue—and whether that revenue will leave a healthy profit margin. #英国高院裁定钱志敏案适用中国法
Memory stocks continue to trend lower and have taken on the characteristics of defensive assets. This is partly due to the impact of geopolitical conflicts, as well as OpenAI’s earnings falling short of market expectations.
Even Elon Musk, who is now almost entirely betting on AI, has come out to keep promoting the idea that AI is slowing down. Is he hoping to get in at a lower price, or is he genuinely concerned about AI?
As enthusiasm for AI cools, memory stocks are right in the spotlight. Take $SNDK , for example—it has already fallen several times during intraday trading.
Selling in Asia is now weighing on sentiment in U.S. stocks. Many in the market remain optimistic about demand from the AI industry, but given the rapid pace of expansion and lofty expectations, traders are concerned about when investments in memory will translate into revenue—and whether that revenue will leave a healthy profit margin. #英国高院裁定钱志敏案适用中国法