Huan Qiu Wang·2026-02-16 01:05Group 1 - The core viewpoint of the articles highlights that the stock prices of the "Tech Seven" in the US have collectively declined since 2026, resulting in a market value loss of approximately $1.51 trillion [1] - The US stock market is currently experiencing a dual narrative of "AI disrupting everything" and "insufficient AI returns," leading to panic selling of software stocks and a rigorous examination of capital expenditure returns [1] - Amazon's stock has fallen for nine consecutive trading days since its earnings report, marking its longest losing streak since 2006 and officially entering a technical bear market, following Microsoft as the second member of the "Tech Seven" to do so [3] Group 2 - Meta's stock has decreased by 19.5% from its peak last August, nearing the 20% threshold for a bear market [3] - Notable investor Jeremy Grantham warns that the AI boom has created a "bubble within a bubble," which lacks historical analogs, and suggests that it may lead to a significant market correction [3] - There is a notable shift in investment flows, with $890 billion moving into non-US markets, significantly surpassing the $160 billion inflow into US stocks, indicating a trend of investors moving towards Asian markets [3]