On 27 may, three major indices rose and fell in one way or another, pointing to a low distance of 4,100 points and a drop of over 3 per cent in the 50-year-old. As of the closing date, the scale dropped by 1. 25 per cent, deep by 0. 88 per cent, and the number of start-ups increased by 0. 07 per cent。
In terms of the plates, the defensive plates are strong, with large consumer plates active, white wine, retail concepts being pulled up; short play concepts being pushed back upwards, electric plates shaking high, and grid equipment slamming up. On the downside, the robotic concept is weak and the semiconductor plate is constantly adjusted。
Almost 4,500 shares in the whole market fell. The trade between the two cities was $3. 24 trillion, which is $5. 1 billion less than the previous date。
Having enjoyed a “structural fit” since april, the science and technology of being strong alone has been a bit weak today? In today's round, changes in market style are noteworthy。
After about 10:30Technology unitThere's a general retreat。
Even though there is resistance on a few topical issues, the result is:
The board of entrepreneurship was created with a 50-fold index, the “two-generation index”, and it was pushed back and turned green。
Measured by the fact that recent trades continue to account for nearly half of all a's ttt blocks, the wind data show that the index is also falling today; more than 1,200 pan-technology-directed components, with close to 1,000 greens at the time of closing。
It is also worth noting that last friday to tuesday this week, the “first 10” shares of the “market-wide market” rose sharply, suggesting that market funds have continued to focus on “high capacity + high technology units” over the last few days
Today, too, this “moderate” has begun to lapse, with an index of weakness。
On the other hand, when the technology unit has fallen to the low point of the plate, the counter-strengthened plate is more “unskilled”。
The strongest white wine, the whole volume of the plates rises and even breaks through the suppression of the multiple lines。
According to some agencies, in the long window, both at the beginning of the year and in the run-off, the white wine core single plate has remained stable and upward, especially with regard to the anticipated continuous upgrade of the mackerel。
After that, a few of the slightly increased plates were cinema wires, electricity, coal。
In addition to their weak technological attributes, their common denominators are evident — defensive, inferior。
In other words, if the technology unit does not go up, these plates are the direction of the “pre-run” of the on-site funds。
However, the change in style was not a one-day event, and it would take more time to complete the transition。
After 2 p. M., the entrepreneurship board means that there is still movement to stop the fall. And even by linking yesterday's time map, we can see: these two days, the technology's direction is the rhythm of the morning fall, the afternoon flow, and the hour is close。
The difference is that today's “counter-attack” is even weaker。
So, do you think the technology will continue after the differences
According to recent research by the national gold securities institute, the current situation in ai is a period of rational fanaticism, bubbles are now out of control, and the bottom-line support is the leap of agenic ai from assistive tools to self-implementing tools, which validates the "burn money" to "pay money" business closed--- – the proliferation of representative agent applications has led to a surge in token consumption, a rapid increase in annual recurrent revenues (arrs) for head producers, a shift in the market from fear of capex to reward inputs, and a rise in the hardware chain supporting calculus, light modules, storage, etc. However, valuations have priced growth projections for 2027-2028, and the ai giants are more visible than the overall index premium, implying the radical assumption that ai will penetrate 5-8 times faster than the previous technological revolution。
In its view, there were four reasons for the reversal of ai assets in the face of geo-conflict situations。
One is the industrial end-of-the-art agent's landing, which triggers a double explosion of reasoning, pulling the whole chain into demand
The second is that the performance-end technology giant contributes 500-70% of the profit increment and the profit-resilient hedge macro worry
Thirdly, ai investment has contributed significantly to united states economic growth, and the giants are less sensitive to oil prices and possess certain “risk avoidance attributes”
Fourth, there was a great deal of money at the end of the deal, and fomo's emotions were further embroiled in high overcrowding。
With regard to the “sustainability of the ai cow city”, the agency stated that, in the short term, the liquidity shock, the holmuz strait blockade pushed up oil prices and inflation, the us federal reserve policy independence was in doubt, the japanese interest rate hike triggered a arbitrage trade stubble, and that valuation would face adjustment pressures if interest rates moved faster than the arr increase; that, in the medium term, the industry would need to watch for technological penetration, organizational mismatches and perceived income growth; and that the constraints of long-term exposure to physical energy bottlenecks, technological unemployment, social resistance, and hardware technology mutations would be met. While the long-term outlook for the ai industry is promising, financial markets need to balance industrial trends with realistic constraints, and be careful to test them with bold assumptions。
