AI Bubble About to Burst? Top Tech Investor Warns Most Neocloud Players Could Go to Zero - Apple…

Benzinga · Anusuya Lahiri · 2026-11-06 10:56 UTC

Midterm results trigger a $3.2T tech market selloff. Analysts assess the fallout for NVIDIA, hyperscalers, and neocloud infrastructure.

Technology stocks face renewed pressure as investors reassess artificial intelligence spending, data-center restrictions and valuations following the U.S. midterm elections. However, Wall Street experts still see opportunities in mega-cap technology, software, semiconductors and cybersecurity.

U.S. stocks lost about $3.2 trillion in market value in a single session after Democrats’ sweeping midterm victory triggered a technology-led selloff, the Financial Times reported Friday, citing FactSet data.

The Nasdaq 100 plunged 6.4%, while the S&P 500 dropped 4.4%, marking its worst session since last year’s “liberation day” selloff. The broader S&P Composite 1500 suffered its largest single-day market-value loss since 2000.

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