Flash News

SWITEL BANK: The technology unit has been sold in part because of the projected capital increase due to the build-up

On 17 July, Ipek Ozkardeskaya, an analyst at the Bank of Sartre, stated that the anticipated capital adjustment of the electricity stock might raise market concerns and lead to the sale of the Science and Technology Unit. She noted that, despite the record high profits in the second quarter, stock prices had not been boosted, reflecting the market ' s belief that the chip stock was currently overvalued. As a result of the risk of overcapacity, investors may be increasingly concerned about large-scale artificial intelligence construction, but STI companies continue to spend. Next week, major US technology companies will publish their financial statements or are expected to improve market sentiment in the near future. However, there are indications that companies such as Alphabet are further increasing infrastructure expenditures, which may further slow stock prices。

OKX - Unlock Rewards