Tom Lee: Next week is the direction selection window for the US stock market, and AI confidence and the Fed's statement are key factors
On August 23rd, BitMine Chairman Tom Lee stated on CNBC that next week is a turning point for the stock market. AI stock trading is suppressed by concerns about data centers and political opposition in the United States. Nvidia CEO Huang Renxun demonstrated that the demand for AI computing power will affect market confidence. The public appearance of Federal Reserve officials is a significant market signal. The S&P 500 has been hovering around 7678 points recently, with a cumulative decline of about 1.4% this week. The market is in doubt about the sustainability of AI capital expenditures and the path of monetary policy, with AI demand signals and Federal Reserve policy expectations determining the short-term direction of risk assets.