U.S. stock market recap for February 11th

TSM is the strongest! AI panic continues, memory rebounds, is the software sector rebound over? What AI narrative is the market talking about?

The S&P flatlined, the Nasdaq closed slightly lower, trading volume increased, and the market is still brewing greater risks!

January non-farm payroll data far exceeded expectations, yet the statistics bureau also significantly revised down historical data.
Strong single-month data and weak historical revisions are battling each other.
The market still bets on two interest rate cuts for the year, but the first cut has been postponed from June to July.

AI Panic
Today it hit the real estate services sector, CBRE fell over 12%.
This is the fourth industry, waiting for the next unlucky one.

APP$AppLovin(APP.US) 
Fell 6% after hours.
Super strong earnings report exceeded expectations across the board, and the current market price is also reasonable.
As a stock directly benefiting from AI, it can only follow the market sentiment down now, nothing can be done～

MSFT$Microsoft(MSFT.US) 
Pulled back today, sentiment in the entire software sector is still very poor. First look at 392, if it breaks below, target price 360.

TSM$Taiwan Semiconductor(TSM.US) 
Hitting consecutive new highs. No matter how the market tosses and turns, chips have to place orders here～

Summarizing the current AI narrative:

AI Panic: AI is going to disrupt industries, plummet!
AI Models: The 4 big tech stocks have burned through cash flow, plummet!
AI Applications: Making a lot of money, but no, must fall!
AI Computing Power: Giants' cash flow is burned out, what about next year, no rise!
AI Peripherals: Not enough memory, strong liquid cooling demand, AI super cycle, rise rise!
AI Unrelated: Safe haven, buy!

The market is one word - chaotic! Narratives are contradictory, but focus on long-term investment, get on board when the time comes, don't be afraid!