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A Tech Rotation Roils the Markets, Again

By: Andrew Ross Sorkin， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Niko Gallogly， Brian O’Keefe and Sri Muppidi

23 October 2026 at 11:42

Investors are bracing for a one-two punch: rising oil prices and concerns about the soaring costs of the artificial intelligence buildout.

CoreWeave, a bellwether artificial-intelligence stock, has been sold off sharply in recent weeks.