Why The Tech Selloff Just Reversed Course

Markets are pricing AI-buildout credit risk, not an equities bubble, while prediction markets now favor a Democratic midterm sweep.

• Tech rallies off worst week since April: NVIDIA rose 1.6%, AMD 0.4% (Goldman upgrade) after chip stocks fell ~20% the prior week; Mowrey ties the selloff to credit-market concerns, not an AI bubble bursting.
• CoreWeave singled out as debt-exposed: With the 10-year yield above 5%, NeoCloud/data-center operators like CoreWeave face higher financing costs, unlike self-funding hyperscalers.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.