Puru Saxena: Recent tech stock selling echoes past market low periods

Puru Saxena: Recent tech stock selling echoes past market low periods
Tech stock selling parallels earlier lows

A period of intense selling has occurred in technology stocks over the past two weeks. Puru Saxena, investment commentator and ex-fund manager, observed that prior similar instances have marked major market lows.

Earlier this month, Puru Saxena called a rapid drop in AI stocks tied to CoreWeave’s capital structure “illogical,” adding that solid stocks could still rally. He also recently noted that AI sector declines were driven by stronger U.S. inflation and rising infrastructure costs. Saxena's commentary has focused on market reactions to both company-specific and macroeconomic factors.

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