Group 1 - The core focus of the market is on the collective weakness of the "Seven Giants" in the tech sector, which has significantly impacted overall market sentiment [2][3] - The "Seven Giants" (Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla) have shown continued underperformance, with Amazon and Meta both dropping over 2% and Tesla declining over 1% [3] - Despite Netflix's rise of over 2%, it was insufficient to offset the overall downturn in the tech sector, highlighting concerns about the return on AI investments [3] Group 2 - The Nasdaq ended its six-day winning streak, closing at 19,112.32 points, while the S&P 500 index achieved a historical high of 5,691.69 points before closing at 5,659.91 points [4] - The divergence in performance indicates a rotation of market funds from high-valuation tech stocks to other sectors, supported by the diversified structure of the S&P 500 [4] - Analysts suggest that the current market is in a phase of valuation rebalancing, emphasizing the importance of aligning corporate earnings with macroeconomic data rather than solely chasing tech stock bubbles [4] Group 3 - Recent economic data showed a 0.4% month-on-month decline in the U.S. industrial production index and a lower-than-expected year-on-year increase in PPI, reinforcing expectations for a potential interest rate cut by the Federal Reserve [4] - MultiBank Group's chief strategist noted that easing inflationary pressures could create conditions for a policy shift by the Fed, although the timing of any rate cuts remains uncertain [4] - Institutions like Goldman Sachs and BMO Capital have downgraded short-term ratings for the "Seven Giants" but maintain that their long-term growth logic remains intact [4] Group 4 - Investors are advised to focus on segments of the AI industry with practical applications, such as server manufacturers like Supermicro, which has seen a year-to-date increase of over 188%, as well as defensive sectors that may benefit from a rate-cutting cycle [4]