Amazon(US:AMZN) Sou Hu Cai Jing·2025-11-04 08:48Group 1 - The Asian market continues to ride the AI wave, fueled by Amazon's $38 billion partnership with OpenAI, which has energized major tech stocks globally [1] - The market is currently focused on "right-side returns," ignoring risks, with Asian stocks like SK Hynix, Advantest, and Samsung Electronics outperforming Nvidia significantly this year [3] - The Nikkei index in Japan has entered a state of "upward panic," with its gains far exceeding reasonable trends, and technical indicators like RSI remain in overbought territory without concern from investors [3] Group 2 - Despite the market's exuberance, Federal Reserve Governor Lisa Cook has warned of pervasive financial stability risks, hinting at tightening liquidity and rising cash rates [4] - Palantir, a new representative of the AI frenzy, exceeded expectations but quickly fell back, raising concerns among traders about valuation levels [4] - The Asian traders are now continuing the momentum from New York, with the Nikkei index reflecting a market that resembles a carnival dressed in "momentum," while underlying risks remain hidden [4]