Tom Lee: Next week is the window for choosing the direction of US stocks; AI Confidence and the Fed's stance are key.
2026-08-23 20:09:42
According to CoinMeta, Bitmine Chairman Tom Lee stated that next week will be a turning point for the stock market. AI Stock trading has been suppressed by concerns over data centers and opposition from American politics, and the AI demand for computing power shown by NVIDIA CEO Jensen Huang will affect market confidence. Public appearances by Federal Reserve officials are significant market signals. The S&P 500 has been hovering around 7,678 points recently, with a cumulative decline of about 1.4% this week. There are doubts in the market regarding the sustainability of AI capital spending and the path of monetary policy, and the signals of AI demand determine the short-term direction of risky assets based on expectations of Federal Reserve policies.
Source:Internet
This content is for market information only and does not constitute investment advice.
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