[Moon Pursuit Capital: Persistent Inflation May Limit Fed's Ability to Support Tech Stocks] According to Jinse Finance on November 10th, Utkarsh Ahuja, founder and managing partner of Moon Pursuit Capital, stated that persistently high inflation may limit the Federal Reserve's ability to provide monetary policy support, even if tech stocks weaken. He pointed out that recent comments by San Francisco Fed President Daly regarding potential further interest rate hikes remind investors not to assume the Fed will intervene to rescue the market in the near future. Ahuja stated that for capital-intensive AI projects, even if market demand meets expectations, higher financing costs and longer approval cycles may reduce project returns; for companies whose existing projects have not yet generated cash flow but need to raise new funds, in addition to project execution risks, they must also cope with the uncertainty of future financing conditions.