---
title: "Sector rotation or the beginning of a market crash?"
type: "Topics"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/topics/38722416.md"
description: "$VG S&P 500(VOO.US) $SPDR S&P 500(SPY.US) $S&P 500(.SPX.US) Recently, sectors like SaaS and the "Magnificent Seven" have begun to experience significant pullbacks. Only upstream AI sectors that directly benefit, such as semiconductor design and manufacturing, storage, data center equipment and materials, and energy, are still rising. A large amount of capital is also shifting to other sectors that won't be impacted by AI in the short term, such as consumer staples, utilities, pharmaceuticals, etc..."
datetime: "2026-02-13T10:37:27.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38722416.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38722416.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38722416.md)
author: "[海龍王彼得](https://longbridge.com/zh-HK/profiles/13481416.md)"
---

> 支持的語言: [English](https://longbridge.com/en/topics/38722416.md) | [简体中文](https://longbridge.com/zh-CN/topics/38722416.md)


# Sector rotation or the beginning of a market crash?

$VG S&P 500(VOO.US) $SPDR S&P 500(SPY.US) $S&P 500(.SPX.US)

Recently, sectors like SaaS and the "Magnificent Seven" have started to experience significant pullbacks. Only the upstream AI sectors that directly benefit, such as semiconductor design and manufacturing, storage, data center equipment and materials, and energy, are still rising. A large amount of capital is also shifting to other sectors that won't be impacted by AI in the short term, such as consumer staples, utilities, and pharmaceuticals. Once the future earnings growth of the four major CSP (Cloud Service Provider) companies $Microsoft(MSFT.US) $Alphabet - C(GOOG.US) $Meta Platforms(META.US) $Amazon(AMZN.US) slows down, forcing them to cut back on capital expenditures, and the upstream AI industry rally fizzles out, does that mean the U.S. stock market will enter a bear market?

### 相關股票

- [VG S&P 500 (VOO.US)](https://longbridge.com/zh-HK/quote/VOO.US.md)
- [S&P 500 (.SPX.US)](https://longbridge.com/zh-HK/quote/.SPX.US.md)
- [Meta Platforms (META.US)](https://longbridge.com/zh-HK/quote/META.US.md)
- [Amazon (AMZN.US)](https://longbridge.com/zh-HK/quote/AMZN.US.md)
- [SPDR S&P 500 (SPY.US)](https://longbridge.com/zh-HK/quote/SPY.US.md)
- [Direxion Daily AMZN Bull 2X Shares (AMZU.US)](https://longbridge.com/zh-HK/quote/AMZU.US.md)
- [Microsoft (MSFT.US)](https://longbridge.com/zh-HK/quote/MSFT.US.md)
- [Alphabet - C (GOOG.US)](https://longbridge.com/zh-HK/quote/GOOG.US.md)
- [Direxion S&P 500 Bear 1X (SPDN.US)](https://longbridge.com/zh-HK/quote/SPDN.US.md)
- [iShares Core S&P 500 (IVV.US)](https://longbridge.com/zh-HK/quote/IVV.US.md)
- [Proshares Ultrashort S&P500 ETF (SDS.US)](https://longbridge.com/zh-HK/quote/SDS.US.md)
- [Pro Shrt S&P 500 (SH.US)](https://longbridge.com/zh-HK/quote/SH.US.md)
- [Direxion S&P 500 Bull 3X (SPXL.US)](https://longbridge.com/zh-HK/quote/SPXL.US.md)
- [SPDR Portfolio S&P 500 ETF (SPLG.US)](https://longbridge.com/zh-HK/quote/SPLG.US.md)
- [Pro UltrPro Shrt S&Pro 500 (SPXU.US)](https://longbridge.com/zh-HK/quote/SPXU.US.md)
- [Direxion S&P 500 Bear 3X (SPXS.US)](https://longbridge.com/zh-HK/quote/SPXS.US.md)
- [Pro UltrPro S&Pro 500 (UPRO.US)](https://longbridge.com/zh-HK/quote/UPRO.US.md)
- [Global X FDS S&P 500 Covered Call ETF (XYLD.US)](https://longbridge.com/zh-HK/quote/XYLD.US.md)
- [GraniteShares 2x Long MSFT Daily ETF (MSFL.US)](https://longbridge.com/zh-HK/quote/MSFL.US.md)
- [YieldMax MSFT Option Income Strategy ETF (MSFO.US)](https://longbridge.com/zh-HK/quote/MSFO.US.md)
- [Alphabet (GOOGL.US)](https://longbridge.com/zh-HK/quote/GOOGL.US.md)