Tom Lee said in an interview with CNBC that the market bottomed last week, and the normalization of the VIX term structure is a signal that the market has bottomed.
BlockBeats reported that investment managers at Plato believe the market is conflating the prospects of AI technology with investment returns; the market is simultaneously reassessing conditions such as financing, power, and demand.
According to BlockBeats, a trader who previously shorted US tech stocks saw profits reach 9,040,000 USD at one point yesterday and has now closed CHIP short positions while increasing SK Hynix long positions.