Svmuu News: Chris Strazzeri, Financial Trading Manager at Moomoo’s Australia and New Zealand branches, stated that the targeted sell-off indicates investors are exercising strict valuation discipline following sustained gains in AI-related and speculative growth stocks.This serves as a warning to the market that actual earnings must now improve to support the currently overvalued price-to-earnings ratios. The after-hours earnings report from Micron. largely confirmed this, with its results boosting overall market sentiment in the technology sector.