At the beginning of the second half of the year, the style change in the US stock market is underway, and the addition of geopolitical factors has further increased the uncertainty of heavyweight technology stocks. The continued global network chaos caused by the Microsoft Blue Screen incident has also intensified market concerns, offsetting the recovery benefits of cyclical sectors such as banking and industry. The VIX, which measures market volatility, surged to its highest level since April last week. In the coming week, whether technology stocks can stabilize will be crucial, and the first star companies to announce their performance reports may face more stringent investor scrutiny.