Nowhere to hide: Tech selloff hits software and chip stocks alike

HOLD ON I HAVE TO TELL YOU THIS ONE BECAUSE IT IS JUST LIKE TRYING TO EAT SOUP WITH A FORK DUDE IT IS USELESS. SO THE MARKETWATCH PEOPLE ARE SAYING THE SOFTWARE STOCKS AND THE CHIP STOCKS USUALLY DO THEIR OWN THING BUT ON FRIDAY THE WHOLE TECH SECTOR JUST TANKED TOGETHER WHICH IS WILD BECAUSE THEY NEVER DO THAT. APPARENTLY IT IS ALL ABOUT THESE AI FEARS AND PEOPLE LOSING THEIR MINDS OVER INTEREST RATES AGAIN. IT IS LIKE EVERYONE SUDDENLY DECIDED TO SELL EVERYTHING AT THE SAME TIME SO NOW THE WHOLE SECTOR IS DOWN AND NOBODY HAS A PLACE TO HIDE THEIR MONEY ANYMORE. THE ARTICLE DOES NOT ACTUALLY SAY WHICH SPECIFIC STOCKS TANKED THE HARDEST OR WHAT EXACTLY TRIGGERED THE PANIC BUT THE VIBE IS TOTALLY WRECKED. OK BUT ARE YOU SEEING WHAT I AM SEEING?

OK THIS IS THE ONE I WAS TELLING YOU ABOUT AND HONESTLY IT MAKES MY HEAD SPIN. MARKETWATCH SAYS THE SEMICONDUCTOR AND SOFTWARE COMPANIES ARE BASICALLY GETTING SMASHED BECAUSE OF FEARS SURROUNDING ARTIFICIAL INTELLIGENCE AND INTEREST RATES. USUALLY THESE TWO SECTORS ARE TOTALLY DIFFERENT BUT FRIDAY THEY JUST COLLAPSED IN UNISON WHICH IS ABSOLUTELY BONKERS TO ME. WE ARE TALKING ABOUT MAJOR TECH STOCKS JUST TAKING A TOTAL DIVE AND THE ARTICLE DOES NOT EXPLAIN EXACTLY WHY THE MARKET SHIFTED SO AGGRESSIVELY RIGHT NOW OR IF IT IS GOING TO RECOVER BY MONDAY. IT IS JUST A MASSIVE SELLOFF HITTING EVERYONE ALIKE AND I GUESS WE JUST WAIT TO SEE IF THE FEARS ARE ACTUALLY BASED ON ANYTHING REAL OR JUST VIBES. ANYWAY I NEED A CIGARETTE AND I DO NOT SMOKE.

Software and semiconductor stocks fell together on Friday due to concerns about AI and interest rates, according to MarketWatch.

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