Major events in the US stock market in June—— Focus on three lines: macro AI、 liquidity Firstly, can AI semiconductors continue to be discussed In early June, Huang Renxun gave a speech at an event in Taipei Afterwards, there will be financial reporting windows for Broadcom, Oracle, Micron, and others The pricing of AI in the market is no longer just about whether there is demand or not But rather looking at AI revenue ASIC、HBM、 Can cloud capital expenditures continue to be realized The most discussed point among big V players recently is that AI trading has not ended, but the fault tolerance has decreased Secondly, Apple WWDC is an "AI makeup exam" for AAPL Over the past year, Apple has clearly fallen behind in AI storytelling What the market really wants to see is not new systems and animations, but whether Apple Intelligence, Siri, and edge AI can make users perceive changes If WWDC continues to be conservative, AAPL will continue to pursue pricing power through AI efforts Thirdly, if SpaceX's IPO lands on June 12th, it will be a risk appetite test This is not an ordinary IPO But rather a centralized pricing of technology growth stocks, Musk narrative, aerospace commercialization, and liquidity Short term may stimulate sectors related to satellite, aerospace, and defense technology However, it should also be noted that super IPOs often absorb a portion of the market's liquidity Fourthly, and most importantly: FOMC, CPI, PPI, PCE Walsh's first FOMC since taking over The market will keep a close eye on it Nowadays, many macro experts have shifted their views from "waiting for interest rate cuts" to "worrying about inflation stickiness and hawkish rhetoric" If inflation data continues to be hot US Treasury yields rise again All AI and technology narratives mentioned earlier will be discounted by valuation pressure So my understanding of June is: It's not that there are no opportunities, but opportunities will be more concentrated. Strong narrative should be accompanied by strong performance, and strong upward momentum should withstand interest rate pressure Event catalysis is involved in NVDA, AVGO, AAPL, ORCL, and MAMericapaceX But what truly determines the direction of the US stock market Inflation and the Federal Reserve's approach The most noteworthy thing in June is not a single positive news But can three things be established simultaneously -AI continues to deliver -Inflation is no longer out of control -Liquidity has not been drained by major events If these three points resonate, the US stock market may continue to rise If one of the links falls off the chain June may be the beginning of a high-level volatility amplification On chain US stock market using @ MSX_CN Maitong https://(msx.com)/? code=reff_5J1DSN US stock NVDA, SpaceX MU on chain, US stock using Maitong AI