Tech finally hit the brakes this week, with the Nasdaq logging a drop of roughly 4–5% even as the Dow managed to finish slightly higher. At the same time, oil prices tumbled and Bitcoin slipped back below 60k, shifting the narrative from pure AI euphoria to one of sector rotation, inflation relief, and pockets of risk-off sentiment.

What is happening 📉

Big Tech & chips under pressure. The Nasdaq fell about 4.6% for the week, the S&P 500 dropped around 2%, while the Dow gained roughly 0.7%, as technology and semiconductor names led the selloff. Apple slid more than 5–6% after announcing price hikes on MacBooks and iPads tied to surging memory and storage costs, while Microsoft is suffering one of its worst June performances on record.AI cost shock spreads to Asia. Apple and Microsoft’s price increases stoked fears that rising AI-driven component costs will curb demand, triggering a sharp...