#GlobalTechSell-OffHitsRiskAssets 🚨
Big Picture: The early February 2026 global sell-off isn’t a single-event panic — it’s a multi-layered risk repricing after years of aggressive gains, particularly in AI-driven tech stocks.
Key Drivers:
🔹 AI Capex Shock – Massive AI infrastructure spending by tech giants like Alphabet ($175–185B guidance for 2026) raised questions about profitability and margin compression.
🔹 Software Disruption Fears – AI tools are replacing, not just enhancing, traditional software. SaaS pricing pressure and weakening enterprise moats drove software stocks lower.
🔹 Val