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Alpha Points
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Deep Tide TechFlow news. On June 25, Chris Strazzeri, financial trading manager of Moomoo’s Australia and New Zealand branch, said: “Targeted sell-offs indicate that after a sustained and strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market: it must now improve actual earnings levels to support the currently overvalued price-to-earnings (P/E) ratios. Micron Technology’s after-hours earnings report essentially confirmed this, as its strong performance boosted overall market sentiment for the technology sector.” (Jin Ten)