Trillion-dollar tech wipeout ensnares all stocks in AI’s path
Bloomberg Television·2026-02-05 22:34

So markets have seen plenty of AIdriven sell-offs since Chad GPT launched. But this week's meltdown feels different. In just two days, hundreds of billions of dollars were wiped out across stocks, bonds, and loans tied to tech companies.Software took the hardest hit with nearly one trillion erased from the EyesShare software ETF just in the past week. What's spooking investors isn't talk of a bubble. It's the idea that AI is starting to reshape the way that some work is done and displace the companies that ...

Trillion-dollar tech wipeout ensnares all stocks in AI’s path - Reportify