Finance

The tech-heavy Nasdaq recently recorded its sharpest weekly decline in over a year as investor sentiment soured over high capital expenditure for AI infrastructure. Market participants are increasingly questioning the timeline for these massive investments to generate earnings growth, leading to significant sell-offs in major semiconductor and megacap tech stocks.

US Treasury yields ended last week lower as new data indicated a slight dip in consumer inflation expectations for the coming year. The 10-year Treasury yield fell to approximately 4.37% as investors reacted to moderating energy prices and a softer-than-expected core PCE reading, though some Federal Reserve officials still suggest a potential rate hike may be necessary before year-end.

Bitcoin and Ether reached their lowest price levels of 2026 late last week, driven by a broader tech sector sell-off and record outflows from spot Bitcoin ETFs. While the recently signed US-Iran peace deal provided some near-term support, the asset class remains down significantly for the year as institutional capital rotates toward AI equities.