--- title: "U.S. stock market dynamics: Meta admits to missteps in AI transformation, with rising hedging demand alongside global economic recovery" type: "News" locale: "en" url: "https://longbridge.com/en/news/289667700.md" description: "Meta CEO admits to mistakes in AI transformation but promises no layoffs; the global economy is warming up due to the World Cup, with a surge in flight bookings between China and the U.S. In the U.S. stock market, Micron Tech's stock price is influenced by analysts raising target prices but remains cautious. Risk aversion sentiment is rising, with dollar long positions reaching a new high in over a year. The Bitcoin market is highly volatile, with continued net outflows from ETFs. The tense situation in the Middle East is driving up demand for safe-haven assets; if peace is achieved, consumer stocks and emerging markets may benefit, but institutions recommend taking profits on highs in the short term" datetime: "2026-06-13T13:50:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289667700.md) - [en](https://longbridge.com/en/news/289667700.md) - [zh-HK](https://longbridge.com/zh-HK/news/289667700.md) --- # U.S. stock market dynamics: Meta admits to missteps in AI transformation, with rising hedging demand alongside global economic recovery ### U.S. Stock Market Dynamics: Meta Admits AI Transformation Mistakes, Global Economic Recovery and Rising Safe-Haven Demand Meta (META-US) CEO Mark Zuckerberg admitted to mistakes during the AI transformation process and reiterated that there will be no layoffs, demonstrating the company's stability in the face of challenges \[1\]. With the upcoming World Cup events, global economic activity has significantly rebounded, particularly with a 2.6-fold increase in flight bookings from China to the United States, indicating the rise of the "World Cup economy" \[2\]. This series of phenomena not only reflects a rebound in consumer confidence but also signals potential growth momentum in global markets driven by major sporting events, which may attract more capital into related industries and further promote economic recovery. In the U.S. stock market, Micron Technology (MU-US) shares showed a cautious attitude even after Goldman Sachs analysts adjusted their target price to $900, despite its market capitalization exceeding $1.1 trillion and a price-to-earnings ratio of only 10.2 times, far below the Nasdaq's 24.8 times, indicating limited market expectations for its future profitability \[3\]. Against this backdrop, the volatility in the Bitcoin (BTC) market has sparked intense discussions about whether a bottom has been reached. Although some analysts believe that easing geopolitical tensions could serve as a catalyst for a rebound, more than half of the positions remain in a loss state, and weak institutional demand has led to insufficient market confidence. Over the past month, the net outflow from U.S. spot Bitcoin ETFs reached $5.8 billion, indicating that the market still faces significant risks \[4\]. These factors collectively reflect the current cautious sentiment in the market between tech stocks and crypto assets, and investors need to closely monitor future market trends and fundamental changes. As the conflict in the Middle East escalates, safe-haven demand has also risen, with bullish sentiment towards the U.S. dollar reaching a high not seen in over a year. According to CFTC data, net long positions in the U.S. dollar have accumulated to $27.8 billion, indicating that market confidence in the dollar continues to strengthen, especially in the context of the close correlation between oil prices and the dollar's movements \[5\] If the US and Iran reach a peace agreement, consumer stocks, REITs, European stock markets, and emerging market currencies will become the biggest beneficiaries. Although Bank of America remains cautious about the short-term market, it advises investors to take profits at highs before the financial environment tightens \[6\]. At the same time, semiconductor stocks are facing pullback pressure, with companies like NVIDIA (NVDA-US) and Broadcom attracting market attention \[7\]. Additionally, SK Hynix plans to list on the Nasdaq as early as August, raising $14 billion. This move will not only attract passive funds but also further expand its market influence in the AI server sector \[8\], highlighting the importance and potential of tech stocks in the current market environment. 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