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ELARA QUEEN
Last night, the US stock market basically hit the brakes at a high level.
The S&P fell 0.17%, the Nasdaq dropped about 0.3%, not panic, just everyone hesitating a bit after hitting new highs.
Retail data was weak, oil prices pushed up again, so funds naturally weren't so eager to rush into tech.
Applied Materials had decent earnings but still fell 5%. AI stocks are really hard to please now: it's not enough to have good earnings, they have to beat the market's hype.
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