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Stocks rebound after tech selloff that pushed Nasdaq into correction

Published . Updated .

Covered by 2 outlets: Yahoo Finance, CBS News.

Who covered it: Lean Left 1 / Center 1. How we rate outlets

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Stocks rebound after tech selloff that pushed Nasdaq into correction

The S&P 500 and Nasdaq edged up in early trading after a Thursday rout driven by concerns about a potential slowdown in data center construction.

Directly affected

  • No company is named in this report.

Indirectly affected

  • QQQ Invesco QQQ-9.8% 30d

    Invesco QQQ: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-1.9% 15d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story.

  • MSFT Microsoft+11.8% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.

  • GOOGL Alphabet-15.6% 30d

    Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.

  • AMZN Amazon.com+6.7% 30d

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.

  • META Meta Platforms-19.0% 30d

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
QQQ+6.56%+5.75%base+1.83%after closeafter closeafter close
AIQNo price data for this ticker———————
MSFTNo price data for this ticker———————
GOOGLNo price data for this ticker———————
AMZNNo price data for this ticker———————
METANo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Stocks rebound after tech selloff that pushed Nasdaq into correction Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
QQQthat day+1.83%still updating
QQQthree days earlier+5.75%final price
QQQfive days earlier+6.56%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

25 out of 100Price not final

“Stocks rebound after tech selloff that pushed Nasdaq into correction” scores 25 out of 100. The score uses 2 sources. The price is not final yet.