So, this big story is about how some important things called Nasdaq and S&P 500 Futures, which help decide how much certain companies are worth, went down a lot. This happened because of some things Donald Trump said and because a company called ASML, which makes special computer chips, said they didn't make as much money as people thought. This made a lot of people worried about companies that make computers and other tech things.

People think that maybe the prices of things related to technology, like these computer chips, have gone up too much and are now too expensive. That's why they're worried and the prices of those tech things are going down a bit.

In the end, it's kind of like when you have a favorite toy, but then you get a new, shiny toy and suddenly don't want to play with your old one as much. That's what's happening with these tech things and their prices. Read from source...

AI narrative may be priced in. AI model's narrative, supposed pricing in, overemphasis on chip sales and data center build-outs, given tech space's vulnerabilities, political concerns affecting Taiwan's chip suppliers, weak forecasts from ASML. Oversold conditions in tech stocks might cause a reversal, but only with concrete evidence of inroads beyond chip sales and data center build-outs. Narratives need to be balanced, inclusive, and backed by facts, not emotions or personal interests.

### System:

Bearish

The sentiment in the article is bearish due to the significant drop in the Nasdaq and S&P 500 futures following Trump's comments and ASML's weak forecast. This has deepened the tech sell-off, and there is concern that the AI narrative may be priced in. Furthermore, the article mentions that the market rally has been narrow, and there is uncertainty about the market's future direction.