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Tech Stocks Rally: S&P 500 and Nasdaq Rebound After AI Selloff

Tech stocks rallied after an AI-driven selloff, with chipmakers and software ETFs leading gains as the S&P 500 added about $1 trillion in value last week, nearing record highs.

Summary by Devdiscourse
Tech Stocks Rally: S&P 500 and Nasdaq Rebound After AI Selloff The S&P 500 and Nasdaq staged a recovery on Monday as technology stocks bounced back following a tumultuous AI-induced selloff last week. Tech stocks, including major players like Oracle and Microsoft-backed OpenAI, found solid footing, reassuring investors.Oracle saw a significant rise after receiving an upgrade to 'buy' from 'neutral' by D.A. Davidson. Sam Altman, CEO of OpenAI, re…
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Bloomberg broke the news in United States on Monday, February 9, 2026.
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