Lates News

This week, the U.S. stock market continued to be under pressure as investors continue to question the sustainability of high valuations of technology stocks. Ahmad Assiri, a research strategist at Pepperstone, stated that this recent pullback is not a structural collapse but a reality check. He added that high beta (high volatility) technology stocks and artificial intelligence stocks are extremely sensitive to small changes in sentiment or fund flows. The approximately 2% drop in the Nasdaq is more reflective of market valuation reactions rather than fundamental deterioration. He also pointed out that the VIX index did not show a significant spike, further supporting this view.