The Dow Jones Composite Average just hit another new all-time high this week, comprising all 65 companies from the Dow Industrial, Transports, and Utility Averages. 1
$WMT’s nearly 5% daily drop is a rational breather; it trades at double Amazon’s multiple. 引用[2]
📌 X Insight Update[x_fin] (2026/02/15 09:09)
History repeats: when a handful of mega-cap stocks dominate index performance, fragility builds, which is not characteristic of durable bull markets 1.
The market is nearing a tipping point.
📌 X Insight Update[x_fin] (2026/02/14 06:20)
$WMT valuation is stretched. Current P/E is 2x the Maggy 7 (ex-Tesla). This is 50% higher than its historical average. It’s the third highest P/E in 10 years; prior peaks in Oct 2018 and Oct 2021 marked reversals. [引用[1]](https://x.
📌 X Insight Update[x_fin] (2026/01/27 00:48)
Microsoft ($MSFT) launched its Maia 200 AI inference chip, built on $TSM’s 3nm process, deploying in US Central data centers. This signifies Microsoft’s deeper vertical integration into the AI inference stack 引用[21].