$Super Micro Computer(SMCI.US)$ What is the cause of the problem?

$Astera Labs(ALAB.US)$
PMI (Purchasing Managers Index) deteriorated! High-tech stocks plummeted due to rekindling inflation!
Raging sales from institutional investors will begin from here until the end of the month.
This means that the long-awaited place to buy (for blue-chip stocks) will come. Well, I'll buy more Astellas.
High-tech stocks that have been bought recently are falling across the board, so what are we going to do with our immediate strategy? It's time to think.

Good evening to all Moomoo users!This is the reading for tonight's NY stock.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, fell 13.83 dollars to 39989.76 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 16702.02 with a 16.05 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 2.08 points higher at 5305.35.
$Dow Jones Industrial Average(.DJI.US)$
$Nasdaq Composite Index(.IXIC.US)$
$S&P 500 Index(.SPX.US)$
Top news
Morgan's Wilson turns bullish on US stocks
●Michael Wilson of Morgan Stanley was previously known as the last bearish on Wall Street, but he turned bullish on US stocks, raised the S&P 500's 12-month target by 20% to 5,400, and is expecting a 2% rise by 2025/6.
●Mr. Wilson said that Morgan Stanley...

Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.
Market Overview
Today's Nikkei Stock Average began at 3865.91 yen, 394.17 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 18.47 points at 2692.26.
Top news
The dollar-yen exchange rate broke through 155 yen, domestic sales behind continued depreciation even with exchange intervention warnings - Nihon Keizai Shimbun
The yen exchange rate fell to the low of 1 dollar = 155 yen for the first time in 34 years on the 24th. Although caution against yen buying intervention by the government and the Bank of Japan is increasing, the depreciation of the yen gradually progresses. This is because domestic importers and institutional investors have large dollar procurement needs, and orders to buy dollars by selling yen intermittently come out.
Bank of Japan Meeting Highlights: New Price Outlook, Governor's Meeting, and Presence or Absence of a Weakening Yen System
At the monetary policy meeting where the Bank of Japan will announce the results on the 26th, it is expected that the current state of monetary policy will be maintained. While there is awareness of inflationary pressure, including the effects of the depreciation of the yen, which is at a level of 34 years, additional interest rate hikes and the country from the new economy/price outlook and President Ueda Kazuo's press conference...

Good evening to all Moomoo users!This is the reading for tonight's NY stock.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 26.60 dollars to 37801.98 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 15547.10, which fell 54.40 points. The S&P 500 average, which consists of stocks of 500 companies that are large US stocks, depreciated 5.68 points to 5005.44.
$Dow Jones Industrial Average(.DJI.US)$
$Nasdaq Composite Index(.IXIC.US)$
$S&P 500 Index(.SPX.US)$
Top news
FRB resets interest rate cut period - ask yourself if interest rates are sufficiently suppressive
In response to the continuation of disappointing inflation statistics, the US monetary authorities have been forced to reset the initial interest rate cut period and review the course of price trends. Federal Reserve (FRB) Chairman Powell stated on the 16th that there is a possibility that “it will take longer than expected” to obtain the confidence necessary for interest rate cuts, and strengthened such a message, and by the end of the year...

It is the largest computer memory chip manufacturer in the United States $Micron Technology(MU.US)$ The company is prepared to obtain grants of 6 billion dollars or more from the Department of Commerce to support the costs of domestic factory projects as part of efforts to return semiconductor production to the US.
According to people familiar with this matter, it is still not a final decision, but there is a possibility that it will be announced as early as next week. It is unclear whether the company plans to receive loans under the 2022 Chips and Science Act (2022 Chips and Science Act) in addition to direct grants.
Micron, which is headquartered in Boise, Idaho, has built factories in New York and the local community. After the preliminary agreement was announced, the company began due diligence spanning several months, and then received funds by dividing them into tranches linked to benchmarks for each project.
Representatives from Micron, the Department of Commerce, and the White House declined to comment.