The U.S. stock has generally fallen behind on Thursday, and CNBC moderator Jim Kramer has indicated that the gap between the price of some shares and the real business performance of the enterprise is widening. Some companies are not poor in basic terms, but markets are re-pricing in a more cautious manner.
The three shares are a collective decline.
On that day, the Dow Jones industry average index fell by 1.32 per cent, the Standard 500 index by 0.87 per cent and the NASDAQ composite index by 1 per cent. Factors driving the market fall include, inter alia, the upward trend in the rate of return on United States debt and consumption concerns arising from Wal-Mart performance.
Clay defaulted that the paradox of the current market was that business operations and long-term expansion schemes might still be robust, but investors would adjust their valuations down because of the deterioration of the macro-environment. This division is taking place in both the Science and Technology Unit and the Consumption Unit.
Micron continues to invest in America.
He cited luminous technology as an example of how the demand for AI and United States domestic manufacturing investment were advancing despite external environmental pressures. On that day, Migwang announced plans to build a new research laboratory in Boysi, Idaho, over the next decade, with an investment of $10 billion, focusing on advanced storage technologies and computing systems.
This new plan has committed US$ 250 billion to U.S. manufacturing and research and development. The company also indicated that its first new rounding plant in Idaho was expected to start producing DRAM in 2027, and that the entire expansion project could eventually result in more than 17,000 jobs.
High interest rates and depressed valuation of oil prices
However, the market is more concerned about whether United States consumers can continue spending. Consumption resilience is being tested as fuel and borrowing costs rise. Wal-Mart's performance is also seen by the market as a sign of this pressure.
At the same time, long-term interest rates continued to rise. In the United States, 30-year sovereign debt yields have recently risen to a high level since 2007. The rise in oil prices, influenced by factors related to the Iranian conflict, has also raised the market ' s concerns about the adhesiveness of inflation.
In such an environment, even if businesses still have a clear growth story, stocks may not necessarily receive higher pricing. Kramer's judgement is that while the investment boom in AI continues to support some technology companies, high interest rates, rising energy costs and weak consumption are still sufficient to limit stock price performance.