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

$Astera Labs (ALAB.US)$
PMI (Purchasing Managers' Index) worsens! Tech stocks plummet again due to inflation resurgence!
It is likely that a wave of selling by institutional investors will begin from now until the end of the month.
So, it means that the long-awaited buying opportunity (for high-quality stocks) is coming. Well, I will add Astera to my portfolio.
The high-tech stocks I recently bought have been falling across the board, so what should I do with my short-term strategy? It's time to think about it.

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 moomoo users!Here is a summary of the morning session. Thank you.
Market Overview
The Nikkei Stock Average in Tokyo's stock market today started at 38,065.91 yen, down 394.17 yen from the previous trading day. The Tokyo Stock Price Index (TOPIX) started down 18.47 points at 2,692.26.
Top News
The USD/JPY exchange rate has exceeded 155 yen, and the weakening yen continues despite concerns of intervention in the foreign exchange market. This is due to domestic entities selling the yen. - Nikkei Newspaper
On the 24th, the yen exchange rate fell to a 34-year low of 155 yen per dollar. Although there are concerns about intervention by the government and the Bank of Japan to buy yen, the weakening yen continues steadily. This is because domestic import companies and institutional investors have a strong need for dollars, so there are intermittent orders to sell yen and buy dollars.
Focus on the Bank of Japan Meeting: New price outlook, Governor's press conference, whether there will be measures against yen depreciation.
At the Bank of Japan's monetary policy meeting on the 26th, maintaining the current monetary policy is expected. Amid awareness of inflation pressure, including the impact of the yen's depreciation at a level not seen in 34 years, additional rate hikes and national economic outlook and Governor Haruhiko Kuroda's press conference will be closely watched.

Hello, moomoo users! Here is the NY stock market outlook for tonight.
Market Overview
US market starts with the Dow Jones Industrial Average, composed of excellent stocks, up by $26.60 to 37,801.98. The technology-heavy Nasdaq Composite Index started down 54.40 points at 15,547.10. The S&P 500, which consists of 500 large-cap stocks in the US, started down 5.68 points at 5005.44.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
The Federal Reserve (FRB) is resetting the timing of rate cuts - questioning whether the interest rates are sufficiently restrictive to the economy.
In response to a series of disappointing inflation statistics, the US Federal Reserve has been forced to reset the timing of the first rate cut and reassess the trajectory of price movements. Federal Reserve Chairman Powell mentioned on the 16th that there may be a possibility of taking 'more time than expected' to gain the confidence needed for a rate cut, reinforcing such a message firmly, ahead of the year-end...