⚡ The US stock market closed on Friday, appearing to be falling on the surface, but with particularly severe internal tearing ❗ After reading it, one doubts whether the US stock market is about to reach its peak. The Dow Jones Industrial Average fell 1.2%, the Nasdaq fell only 0.2%, and the S&P fell 0.5%. The Nasdaq seems to have held on, as chip stocks are rebounding: SK Hynix rose over 3%, Micron rose over 2%. But the Dow Jones Industrial Average was hit by telecom stocks, with AT&T and T-Mobile falling nearly 8%, and rumors that SpaceX is building the fourth wireless operator in the United States. The AI concept stocks are also undergoing internal differentiation. Meta、 Google and Amazon fell nearly 1%, and those who spend money on AI continue to be beaten; Nvidia and Micron, which sell chips, are making a comeback. The market is not abandoning AI, it is re pricing: who is really making money and who is borrowing money to tell stories. Who do you think will be the next to be're priced 'by the market? NVIDIA or Meta?