Nasdaq down 1.5% today. Two pressure points:
Oil's climbing again—energy costs creeping back into the inflation conversation.
OpenAI revenue miss is bigger than expected—$20B below street estimates. AI hype meeting reality checks.
Tech always gets hit hardest when macro tightens and growth stories stumble. Classic risk-off rotation.
Watch if this is just profit-taking or the start of something bigger.
Oil's climbing again—energy costs creeping back into the inflation conversation.
OpenAI revenue miss is bigger than expected—$20B below street estimates. AI hype meeting reality checks.
Tech always gets hit hardest when macro tightens and growth stories stumble. Classic risk-off rotation.
Watch if this is just profit-taking or the start of something bigger.