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Now that US stocks are connected to crypto exchanges, I find the daily movements of US stocks quite interesting too!
The ups and downs are as thrilling as a meme coin. South Korean stocks triggered a circuit breaker, plunging nearly 9% at one point, while SK Hynix also dropped over 4%.
Apple’s stock price plummeted 6.1% on Thursday, just because it announced price increases for Macs, iPads, and home devices; soon after, news broke that OpenAI intends to postpone its IPO to 2027.
As these two pieces of news emerged, market doubts about whether massive AI investments can actually deliver commercial returns exploded instantly.
On the other side, Chinese tech giant Alibaba didn’t escape either. Anthropic accused Alibaba of using multiple paid accounts and high-frequency API calls to allegedly illegally obtain its AI models, causing $BABA US stocks to fall 4.3% on the day.
However, having said that, trading US stock contract swings is now much more stable than playing with shitcoins!
As long as the decline narrows and a volume surge signal appears, you can boldly buy the dip; once a rebound happens, it’s a profit of several percentage points.
I’ve already gone long on $QCOM and $MRVL, and I’ll keep watching the show~