CNBC: investors are fleeing tech stocks in record numbers

Article: https://www.cnbc.com/2026/06/10/investors-are-fleeing-tech-stocks-in-record-numbers.html Key points The AI trade looks like it is finally cooling off. Investors are dumping Big Tech after a strong jobs report pushed Treasury yields higher. The market is realizing that the Federal Reserve may keep rates higher for longer, and that changes the valuation math for expensive tech stocks. This does not mean AI is fake or that the market is collapsing. It looks more like money is rotating out