Market Report｜Feb 9 – Feb 13 Weekly Dispatch Performance "Paradox" Frequently Appears, AI Infrastructure Stages "Old vs. New Showdown" 1/ Macro: CPI (2.4%) meets expectations. 10Y U.S. Treasury yields fall to 4.05%, with interest rate stickiness still a looming threat. 2/ AI: $CSCO.M (-12%) warns that GPUs are draining traditional IT budgets; $CRDO.M / $AMAT surge, with optical connections and chip equipment becoming essential needs. 3/ Performance Paradox: • $ALAB.M: Revenue +92% yet still plummets 21%, the cost of Price for Perfection. • $COIN.M: EPS loss but surges 16%, $2 billion buyback + bull market logic overpowering accounting data. 4/ Strategy: Funds rotating into defensive value stocks ($KO.M, $MCD.M), anxiety over AI investment returns is spreading. 📅 Next week's highlights: Market closed on Monday; Tuesday $PANW.M (security); Thursday $WMT (consumer); keep an eye on $NVDA.M's flow before earnings.