News linked to both this project and an event.
According to Odaily, "1011 Insider Whale" agent Garrett Jin pointed out in a post that there has been a clear change in market structure this week, with funds within the AI industry chain being reallocated.Change 1: Signs of a cyclical peak in Memory chipsHe stated that Micron's stock price faced resistance and fell back around the $1250 level. Despite earnings results exceeding expectations, the stock price is still declining on increasing volume, displaying typical top-forming characteristics of "weakening after good news is priced in."Concurrently, capital is rapidly flowing out of the memory chip sector. DRAM-related ETFs are experiencing declines on heavy volume, and SK Hynix and Samsung Electronics in the South Korean market are also weakening. Data shows that foreign investors have withdrawn over 100 trillion Korean Won (approximately $650 billion) from the South Korean stock market in the past two months.Change 2: Funds rotating towards AI HyperscalersHe noted that the real direction for absorbing this capital is not small and mid-cap AI concept stocks, but rather the core cloud computing giants represented by Google, Microsoft, and Amazon.Last Friday, when the chip sector came under pressure, GOOG and MSFT had already stabilized on increased volume, and this week META has further strengthened this trend by rallying on high volume.Garrett Jin believes the logic behind this capital migration is the "token optimization trend." As more simple tasks are handled by low-cost models, value will gradually concentrate on the token-based billing cloud services and orchestration layers, rather than the foundational model layer. This also forms the core moat for hyperscale cloud providers. The current strategy should focus on catching up opportunities in hyperscale cloud names.
According to JIN10, U.S. President Trump criticized Tehran’s leadership for lacking unity, which he said is hindering agreement on ending the nine-week conflict that has triggered a global energy crisis. He stated that “Iran’s requests are ones I cannot accept,” though some traders interpreted this as a negotiating tactic rather than an abandonment of peace efforts. Investors will be watching for a new batch of U.S. corporate earnings reports and U.S. employment data. Below are the key market focus points for the coming week: Tuesday, 00:50: John Williams, President of the Federal Reserve Bank of New York and a permanent voting member of the FOMC, delivers a speech; Tuesday, 22:00: U.S. April ISM Non-Manufacturing PMI and U.S. March JOLTS Job Openings; Wednesday, 20:15: U.S. April ADP Employment Change; Wednesday, 21:30: Alberto Musalem, President of the Federal Reserve Bank of St. Louis and an FOMC voter in 2028, speaks on the economic outlook and monetary policy; Thursday, 01:00: Austan Goolsbee, President of the Federal Reserve Bank of Chicago and an FOMC voter in 2027, participates in a panel discussion at a conference; Thursday, 19:30: U.S. April Challenger Job Cuts; Friday, 02:05: Loretta Mester, President of the Federal Reserve Bank of Cleveland and an FOMC voter in 2026, delivers a speech; Friday, 03:30: John Williams, President of the Federal Reserve Bank of New York and a permanent voting member of the FOMC, delivers a speech; Friday, 22:00: U.S. May one-year inflation expectation (preliminary), U.S. May University of Michigan Consumer Sentiment Index (preliminary), and U.S. March wholesale sales (month-on-month). Forecasters expect the April nonfarm payrolls report—due next Friday—to show solid job growth.