US market on Friday was an eye-opener. The Dow fell by -0.18% to close at 51,682.64, while both S&P 500 and Nasdaq managed to scrape by with a marginal gain of +0.17% & +0.40%.
This as US 10 years Treasury yield continues to test the 5% mark, after the Fed announced a +0.25% interest hike for the 1st time in 3 years.
While other AI-related stocks rose higher, SMCI fell instead. This does not show confidence but more speculation in nature, you run at first sight. What do you think ? (see attached)
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