☀️ Uncle’s Morning Briefing｜11.05
The Dow surged 1,500 points, while AI chips fell 7%—money is back, but the AI trade is changing direction.
BTC broke above $80,000, reaching a high of around $81,100. The gains reflect stronger risk appetite and short-covering, while ETF flows are still negative and the policy-driven bull market has yet to restart.
🇺🇸 The Dow rose 3.03%, up 1,569 points; the Nasdaq gained 1.44% and the S&P 500 rose 1.58%. Microsoft and Amazon climbed over 6%, while Apple gained over 5%. Micron, SanDisk, and Marvell fell at least 7%; Nvidia and Broadcom also closed lower.
🇨🇳 China’s A-shares surged yesterday, with the STAR 50 up 9.92% and ChiNext up 6.40%. Turnover was about 2.05 trillion yuan. Today, watch whether computing power, memory, and optical modules can withstand spillover from US markets.
🇭🇰 Hong Kong stocks rose for a fourth straight session: the Hang Seng Index gained 1.67%, the Hang Seng Tech Index rose 1.77%, and Hua Hong Semiconductor climbed nearly 16%.
🌏 South Korea’s KOSPI closed up 0.62% yesterday, while the Nikkei fell about 1.42%. Today, keep an eye on memory and semiconductor equipment.
🛢️ WTI fell 8.29% to $88.12, and Brent crude dropped 8.67% to $94.62. Gold rose about 3.3%, climbing to around $4,070.
Uncle’s take: Money hasn’t left tech—it’s picking new winners across the AI supply chain. Platform giants are benefiting, while hardware suppliers are under pressure. Today, the key for A-shares is whether tech stocks can hold their ground.
#大叔早报 #中期选举 #AI产业链 #A股 #BTC
The Dow surged 1,500 points, while AI chips fell 7%—money is back, but the AI trade is changing direction.
BTC broke above $80,000, reaching a high of around $81,100. The gains reflect stronger risk appetite and short-covering, while ETF flows are still negative and the policy-driven bull market has yet to restart.
🇺🇸 The Dow rose 3.03%, up 1,569 points; the Nasdaq gained 1.44% and the S&P 500 rose 1.58%. Microsoft and Amazon climbed over 6%, while Apple gained over 5%. Micron, SanDisk, and Marvell fell at least 7%; Nvidia and Broadcom also closed lower.
🇨🇳 China’s A-shares surged yesterday, with the STAR 50 up 9.92% and ChiNext up 6.40%. Turnover was about 2.05 trillion yuan. Today, watch whether computing power, memory, and optical modules can withstand spillover from US markets.
🇭🇰 Hong Kong stocks rose for a fourth straight session: the Hang Seng Index gained 1.67%, the Hang Seng Tech Index rose 1.77%, and Hua Hong Semiconductor climbed nearly 16%.
🌏 South Korea’s KOSPI closed up 0.62% yesterday, while the Nikkei fell about 1.42%. Today, keep an eye on memory and semiconductor equipment.
🛢️ WTI fell 8.29% to $88.12, and Brent crude dropped 8.67% to $94.62. Gold rose about 3.3%, climbing to around $4,070.
Uncle’s take: Money hasn’t left tech—it’s picking new winners across the AI supply chain. Platform giants are benefiting, while hardware suppliers are under pressure. Today, the key for A-shares is whether tech stocks can hold their ground.
#大叔早报 #中期选举 #AI产业链 #A股 #BTC
