#aihardwarestocksfallpremarketaaoidown11.66% đš AAOI drops 11.66 percent AI stocks under pressure
đ„Applied Optoelectronics (AAOI) dropped 11.66 percent before the market opened showing a change in feelings across AI hardware and technology infrastructure.
đ What is happening?
âą Stocks that make AI hardware are seeing people take profits after increases.
âą Futures for the S&P 500 are also getting weaker showing a feeling of being cautious.
âą Brent crude oil went down 1.87 percent adding worries about the economy.
âą Lower Bitcoin open interest means more people are getting rid of debt and using leverage.
The main question is: Is this a pause or the start of a bigger drop in AI infrastructure?
đ Would you buy when the price is lower wait for signs or stay away, from AAOI right now?#Khan62 #stocks #stockmarket #MarketCorrection $AAOI
$NVDA
$MU
đ„Applied Optoelectronics (AAOI) dropped 11.66 percent before the market opened showing a change in feelings across AI hardware and technology infrastructure.
đ What is happening?
âą Stocks that make AI hardware are seeing people take profits after increases.
âą Futures for the S&P 500 are also getting weaker showing a feeling of being cautious.
âą Brent crude oil went down 1.87 percent adding worries about the economy.
âą Lower Bitcoin open interest means more people are getting rid of debt and using leverage.
The main question is: Is this a pause or the start of a bigger drop in AI infrastructure?
đ Would you buy when the price is lower wait for signs or stay away, from AAOI right now?#Khan62 #stocks #stockmarket #MarketCorrection $AAOI
$NVDA
$MU
