What the Nasdaq Tech Selloff Means for Meta Earnings Week

The Nasdaq tech selloff is led by chipmakers as doubts grow over AI investment returns and hot U.S. inflation adds to rate pressure. Fiona Cincotta, StoneX Senior Market Analyst, explains what is driving the slide, what Meta's results will test and what UK inflation data means for sterling. AI spending concerns are spilling into credit markets, with a focus on highly indebted firms. Hotter U.S. CPI and PPI data, an expected Federal Reserve hike and elevated U.S. Treasury yields hit tech stocks twice, cutting the value of future cash flows and raising financing costs. UK CPI data then tests the pound's recovery against the U.S. dollar. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share 00:00 - Nasdaq Slide Puts AI on Trial 00:32 - Credit Markets Catch AI Doubts 00:56 - Hot CPI Hits Tech Stocks Twice 01:45 - Meta Capex Doubles, EPS Slips 03:13 - Nasdaq Chart at a Crossroads 04:30 - UK CPI Tests Pound vs Dollar Like and subscribe for more financial market insights. #Nasdaq #StoneX #FionaCincotta #Semiconductors --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social