Investor risk aversion is intensifying in the US stock market, while a succession of hyperscalers are due to report earnings in earnest this week. Concerns over AI funding have also emerged, bringing the sustainability of that funding into focus.
The US stock market is reportedly seeing heightened investor risk aversion. A succession of earnings announcements from hyperscalers, including major cloud service providers, is scheduled for this week and is expected to provide clues to the market's direction.
At the same time, concerns are reportedly emerging one after another over funding for AI development. While the market is concerned about the sustainability of funding and financial soundness, some believe the valuation adjustment has run its course.
Market participants are also watching developments in the bond market, with a sharp rise in corporate bond yields reported in mid-October. These factors are viewed as potentially affecting the market's future performance.