#分享美股交易赢英伟达股票 Former Lehman Brothers trader and founder of The Bear Trap Report, Larry McDonald, warns that investors chasing SpaceX's massive IPO could repeat the mistakes made before the collapse of Amazon's internet bubble.
He believes investors are blinded by SpaceX's valuation, and if it reaches $2 trillion, it would require $15 trillion to $19 trillion in revenue to achieve similar returns as Tesla, which is "extremely unrealistic."
SpaceX may be the largest IPO in Wall Street history, seeking at least a $1.8 trillion valuation, planning to raise up to $75 billion. Its IPO documents show revenue of $18.7 billion in 2025, and $4.7 billion in the first quarter of 2026, along with ambitious goals across multiple sectors.
McDonald states that the market is overly reliant on artificial intelligence narratives, with investors pricing in future earnings prematurely and insufficiently concerned about risks. He calls the wave of IPOs for SpaceX, OpenAI, and Anthropic the "event of the century," with their combined valuation soaring from about $760 billion a year ago to $3.5 trillion.
McDonald worries about risks in passive investing and retirement accounts, noting that accelerated inclusion in indices could force index funds to buy SpaceX stock regardless of valuation. He urges investors to stop this and protect 401(k) retirement accounts. Nasdaq and FTSE Russell have already amended their rules, and S&P Dow Jones Indices is also considering similar changes. Bloomberg estimates that if S&P adopts fast inclusion, passive funds could absorb nearly $20 billion in SpaceX stock. $SPCX

#6月3日，美國眾議院以215票對208票通過戰爭權力決議，要求川普停止對伊朗軍事行動，未經國會授權不得繼續作戰。4名共和黨議員與民主黨共同投下贊成票，係2月開戰以來首次。雖決議象徵意��
🇺🇸 BREAKING POLITICAL UPDATE | WAR POWERS DEBATE TAKES CENTER STAGE
The reported House vote shown in this graphic has ignited a nationwide discussion about presidential authority, congressional oversight, and the future of U.S. military decision-making.
According to the reported figures, the U.S. House of Representatives approved a War Powers Resolution by a narrow margin of 215-208, signaling concerns among lawmakers regarding continued military action involving Iran without direct congressional authorization.
📊 Reported Vote Results: ✅ YES: 215 ❌ NO: 208
One of the most notable developments highlighted in the vote was the reported support from 4 Republican lawmakers who joined Democrats, creating enough support for the resolution to pass. In today's highly polarized political environment, bipartisan votes on national security matters are relatively uncommon and often draw significant public attention.
This vote has intensified a long-running constitutional debate over war powers in the United States. While the President serves as Commander-in-Chief of the Armed Forces, Congress holds the constitutional authority to declare war and provide oversight for major military engagements.
Supporters of the resolution argue that military operations with potentially far-reaching consequences should receive clear congressional approval. They believe that decisions involving the use of force must reflect democratic accountability and the will of elected representatives.
Opponents maintain that the President must retain sufficient flexibility to respond quickly to emerging security threats and protect national interests without delays that could affect operational effectiveness.
Beyond the immediate political implications, this reported vote reflects broader questions about the balance of power within the U.S. government, the role of Congress in foreign policy, and how military decisions should be authorized in a modern geopolitical environment.
The close margin demonstrates that lawmakers remain deeply divided on issues involving military intervention, executive authority, and America's strategic role on the global stage. It also underscores how national security decisions continue to be among the most debated topics in Washington.
Political analysts note that votes of this nature often carry significance beyond their legislative impact. They can influence public opinion, shape future policy discussions, and send important signals regarding congressional sentiment on military operations and foreign affairs.
As discussions continue, many observers will be watching closely to see how policymakers address the ongoing debate surrounding constitutional war powers, executive authority, and congressional oversight.
Whether viewed as a defense of constitutional checks and balances or as a challenge to executive flexibility during international crises, the reported vote has become a major focal point in the national conversation about governance, accountability, and national security.
📌 The debate continues, but one message is clear: questions about war powers, congressional authority, and military engagement remain central to the future of U.S. policy and democratic decision-making.

#ChipStocksCrashedDowHitRecordHigh
📊 One of the most fascinating market rotations of 2026 is unfolding right before our eyes.
While semiconductor and AI-related stocks suffered one of their sharpest selloffs in years, the Dow Jones Industrial Average recently surged to a new record high.
At first glance, this appears contradictory.
How can technology stocks collapse while the broader market reaches all-time highs?
The answer is simple:
💡 Capital Rotation.
For nearly two years, artificial intelligence and semiconductor companies dominated global equity markets. NVIDIA, Broadcom, AMD, Micron, and other AI infrastructure leaders became the primary destination for institutional capital.
However, markets rarely move in a straight line.
Following disappointing reactions to earnings within the semiconductor sector, investors began reassessing valuations that had expanded dramatically during the AI boom. The result was a rapid selloff that erased more than $1 trillion in semiconductor market value within days.
📉 What Triggered the Decline?
• Profit-taking after massive AI-driven gains
• Concerns about elevated semiconductor valuations
• Strong U.S. employment data reducing expectations for near-term Federal Reserve rate cuts
• Rising Treasury yields increasing pressure on growth stocks
• Broadcom's earnings reaction creating a sector-wide repricing event
Meanwhile...
📈 Why Did the Dow Reach New Highs?
Money didn't leave the market.
It simply moved elsewhere.
Institutional investors rotated into sectors that had lagged behind the AI rally:
✅ Financials
✅ Healthcare
✅ Industrials
✅ Consumer Defensive Stocks
Companies with stable earnings, attractive valuations, and lower sensitivity to interest rates became the new destination for capital.
This shift demonstrates an important principle:
Markets are evolving from indiscriminate AI enthusiasm toward selective stock picking.
Investors are no longer buying every company associated with artificial intelligence. They are beginning to distinguish between sustainable long-term winners and stocks whose valuations ran ahead of fundamentals.
🎯 What Investors Should Watch Next
• Semiconductor earnings revisions
• AI infrastructure spending trends
• Treasury yield movements
• Federal Reserve policy expectations
• Institutional fund flows between growth and value sectors
My view:
The AI revolution is not ending.
What we're witnessing is a classic market reset where expectations are being recalibrated.
The long-term AI thesis remains intact, but investors are demanding stronger execution and more reasonable valuations.
Sometimes the strongest bull markets continue not through relentless buying—but through healthy rotations that create the foundation for the next leg higher.
What do you think?
Is this the start of a deeper correction in AI stocks, or simply a temporary shakeout before the next rally?
👇 Share your perspective below.
#DowJones #Nasdaq #WallStreet
#ShareYourUSStocksWinNvidia