A Moomoo Australia and New Zealand financial trading manager said targeted selling suggests investors are applying stricter valuation discipline after a sustained rise in AI-related and speculative growth stocks.
According to Odaily, Chris Strazzeri said the market is being reminded that higher actual profit levels are needed to support currently elevated price-to-earnings ratios.
Strazzeri added that Micron Technology’s after-hours earnings release largely supported this view, and its results improved overall market sentiment toward the technology sector.
STOCKS | Moomoo Manager Says Targeted Selling Reflects Stricter Valuation Discipline in AI-Linked Growth Stocks
2026-06-25 07:14:36
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