AI Stocks Rebound as Chip Sector Losing Streak May End
Technology stocks rebounded Monday after a sharp Friday selloff, while the chip sector’s losing streak was poised to end.
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Technology stocks rebounded Monday after a sharp Friday selloff, while the chip sector’s losing streak was poised to end.
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.