WS #16051
The technology sector is enduring a severe correction, with the Nasdaq 100 (QQQ) posting its worst weekly performance since April 2025. The catalyst is a combination of rising Treasury yields and specific AI sector jitters following OpenAI's revenue run rate coming in $18 billion below expectations, which erased approximately $200 billion in Nvidia's market value. Institutional investors are actively hedging, evidenced by massive dark pool orders in QQQ and MSFT. This signals a repricing of AI growth expectations and a flight to safety away from high-multiple growth stocks.
Tech Selloff and AI Jitters
The technology sector is enduring a severe correction, with the Nasdaq 100 (QQQ) posting its worst weekly performance since April 2025. The catalyst is a combination of rising Treasury yields and specific AI sector jitters following OpenAI's revenue run rate coming in $18 billion below expectations, which erased approximately $200 billion in Nvidia's market value. Institutional investors are actively hedging, evidenced by massive dark pool orders in QQQ and MSFT. This signals a repricing of AI growth expectations and a flight to safety away from high-multiple growth stocks.