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Bitget US Market Update

Bitget, a cryptocurrency exchange, has released an update on the US market. The update highlights earnings from hyperscale cloud providers, including Alphabet (GOOGL) and Amazon (AMZN), which are facing concerns over AI potentially eroding their search market share. The update also mentions Intel (INTC) and Micron (MU) as beneficiaries due to strong server CPU demand and the impact of the 1-for-8 stock split on Sandisk (SNDK). The update suggests that the infrastructure chain, represented by Vertiv (VRT), remains relatively independent despite recent volatility in the US market. The exchange recommends managing position sizes based on trading volume and after-hours volatility.

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