As of today, 6/10 pre-market, the market's fear of CPI breaking 4% is causing a general weakness in US tech stocks:

• Microsoft (MSFT) #MSFTUSDT :

  • Pre-market live price: $398.43 (down -3.23%)

  • Core focus: Microsoft's AI business capital expenditure hits a whopping $190 billion this year. The high interest rate environment will directly hike the cost of future financing and massive investments, making it extremely sensitive to inflation data.

• Google (GOOGL) #GOOGLUSDT :

  • Pre-market live price: $359.37 (down -0.50%)

  • Core focus: The stock is relatively resilient. Recently benefited from Apple Siri’s integration of the Gemini module and investment bank TD Cowen raising its target price to $475, with strong performance in advertising and AI, giving it solid resilience in this panic environment.

• Apple (AAPL) #APPLUSDT :

  • Pre-market live price: $290.38 (down -3.70%)

  • Core focus: The stock is facing a 'double whammy'. Apple just wrapped up its WWDC developer conference, and the market feels the AI upgrades lack excitement. With a current P/E ratio as high as 35, if today's CPI exceeds expectations, overvalued Apple could be a prime short target.

Tonight's upcoming CPI report is set to be the most crucial inflation indicator before the Fed's interest rate decision meeting (FOMC) next week, directly determining the short-term fate of overvalued tech giants like Microsoft, Google, and Apple!