Last night, the earnings reports for Google and Tesla were released. Both major tech companies exceeded sales expectations, but AI spending continues to rise. Wall Street is focused on capital expenditure bills: $200 billion for Google and negative cash flow for Tesla. Wall Street remains unwilling to bow to the high expenses of tech companies. Market short-selling sentiment persists.

But this is all normal; human technological progress is unstoppable, and this will also be reflected in stock market trends.