In addition, Russell's leading rise proves that the risk sentiment of US stocks is gradually improving, while the poor growth of S&P and Nasdaq indicates that the market has not yet recovered from the negative sentiment towards AI and the unsatisfactory second-quarter earnings of technology stocks.

Although every earnings season will be adjusted back and restarted, this second-quarter earnings report puts more pressure on technology stocks, and Tesla has made a bad start. We will have to see the situation of Apple, Nvidia and Microsoft in the future.

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