U.S. Pre-market Stock Outlook: Large Institutions to Rebalance Portfolios at Quarter End, Bullish on NBIS and Memory Pooling Concept Stocks

BlockBeats News, June 29th - Today, the South Korean stock market opened lower but rose throughout the day. Samsung and SK Hynix's massive investment plans received support from the South Korean government towards the end of the trading session, allowing their stock prices to recover. Renowned analyst degentrading (@degentradingLSD) stated that this event marks the early stage of global AI competition. "Countries are viewing it as a battle for survival. In the near future, small-cap stocks in Korea are more promising. For small investors, these may be among the best opportunities."

Looking ahead to the U.S. stock market, degentrading believes that around $165 billion worth of stocks will be sold off by the end of this month due to the quarterly rebalancing by large institutions. However, the market outlook after entering July is still promising. On the other hand, the mega-scale cloud companies will not quickly halt their capital expenditures, even if their stock prices take a hit, as they have already seen the light at the end of the tunnel in terms of returns on investment.

degentrading mentioned that the current focus is on two key themes: Computing (neos) and Memory Pooling. While memory will continue to be strong, the ease of the uptrend and valuation gaps have been filled.

"In terms of computing, NBIS stands out as a leader. SHAZ (SharonAI Holdings Inc.) is an interesting emerging player, with Situational Awareness still accumulating the stock. In memory pooling, stocks include ALAB, CRDO, PENG, MRVL."

BlockBeats Note: Memory Pooling is a significant trend in AI computing infrastructure, referring to the decoupling of memory resources from individual CPUs/GPUs, consolidating them into a shared memory pool for dynamic on-demand access and allocation by multiple computing nodes.