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The French stock index provisionally closed down 0.52%, the Italian stock index provisionally closed down 0.62%, the banking index fell 1.55%, and the UK stock index provisionally closed down 1.18%.

BlockBeats News, March 27: The Kobeissi Letter stated, "Institutional investors net sold $11 billion in US stocks last week, marking the largest weekly sell-off in nearly 5 weeks. In the preceding three weeks, institutions had been net buyers, with a total scale of $12.6 billion." Meanwhile, hedge funds net bought $1.8 billion in US stocks, ending four consecutive weeks of selling; retail investors net sold $80 million, marking the third net selling in the past 10 weeks. Overall, US stocks saw a net outflow of $9.3 billion last week, higher than the $1 billion outflow from the previous week, bringing the cumulative outflow over the past 16 weeks to $25.5 billion. Among them, individual stock outflows reached $8.3 billion, marking the fourth largest weekly outflow since 2008; ETF outflows were $1.1 billion, the highest in nearly 6 months. Institutional investors are gradually shifting to a wait-and-see position."

This move highlights Apple's determination to strengthen its local supply chain. The market's optimistic outlook on the future business prospects of Lingyun Semiconductor has directly driven the strong performance of its stock price.