I feel like the AI rebound in the US stock market is nearing its peak. This rebound, in my opinion, is more about short sellers closing their positions. Unlike the perfect earnings report from SK Hynix that triggered a sharp drop, this month’s major earnings reports are being released at the 'bottom' of the decline. Shorts, fearing that earnings might impact prices and cause a rebound, have been closing their positions en masse, which played a key role. On a macro level, rising oil prices, intensified inflation, and the possibility of rate hikes being hyped again mean there’s currently no momentum for a sustained rally. Just my personal take.