{"id":2291,"date":"2026-10-17T07:28:26","date_gmt":"2026-10-17T07:28:26","guid":{"rendered":"https:\/\/kensmartips.com\/finance\/?p=2291"},"modified":"2026-10-17T07:28:26","modified_gmt":"2026-10-17T07:28:26","slug":"tech-stocks-sink-as-the-selloff-spreads-to-software-brent-tops-110-and-coreweave-slides","status":"publish","type":"post","link":"https:\/\/kensmartips.com\/finance\/?p=2291","title":{"rendered":"Tech stocks sink as the selloff spreads to software, Brent tops $110 and CoreWeave slides"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"480\" height=\"270\" src=\"\/\/www.youtube.com\/embed\/n4O5QmWM7IE\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p>Stocks closed lower on October 16, 2026, as the tech selloff spread from chips to software and cybersecurity, leaving the sector down 7.7% for the week while defensive sectors like staples and energy led. The VIX jumped above 20, Brent topped $110 and CoreWeave sank again on debt worries. Yahoo Finance&#8217;s Jared Blikre explains the bull trap he&#8217;s seeing in tech, the S&amp;P 500 and Bitcoin. RBC&#8217;s Tom Narayan breaks down Tesla&#8217;s Roadster reveal and how a Tesla-SpaceX merger could work, and Creative Strategies&#8217; Carolina Milanesi explains why Apple&#8217;s iPhone Duo sold out. Plus Kevin Warsh at the IMF, Schwab CEO Rick Wurster on AI agents, T. Rowe Price&#8217;s Sebastien Page on bonds and oil, Equity Armor&#8217;s Bryan Lynn on CoreWeave, RadioShack&#8217;s retro comeback and what to watch next week.<\/p>\n<p>Market Domination, Market Domination Overtime and Asking for a Trend are live weekdays 3-5pm ET with Yahoo Finance Host Josh Lipton.<\/p>\n<p>00:00 Stocks cap a volatile week lower<br \/>\n00:12 The Dow, Nasdaq and S&amp;P 500<br \/>\n00:53 The VIX tops 20<br \/>\n01:32 Oil nears $100<br \/>\n02:14 Software and cybersecurity join the selloff<br \/>\n02:32 A classic bull trap<br \/>\n03:03 Chip stocks slip below a key level<br \/>\n03:27 Defensive sectors lead<br \/>\n04:22 Breadth turns negative<br \/>\n04:41 Why yields fell after hot inflation<br \/>\n05:38 RBC&#8217;s Tom Narayan on Tesla&#8217;s Roadster<br \/>\n07:21 Is a Tesla-SpaceX merger coming?<br \/>\n08:45 How a Tesla-SpaceX merger could work<br \/>\n10:12 What Wall Street would watch<br \/>\n11:31 Terafab and TSMC<br \/>\n12:42 Orbital data centers<br \/>\n19:21 Apple&#8217;s iPhone Duo sells out<br \/>\n21:52 Apple and Meta&#8217;s Muse on the Mac<br \/>\n22:57 From AI laggard to leader?<br \/>\n24:40 Apple Home View<br \/>\n31:30 Kevin Warsh at the IMF<br \/>\n32:47 Warsh on AI as a demand shock<br \/>\n34:01 Could the Fed meet less often?<br \/>\n35:47 Schwab CEO Rick Wurster on young investors<br \/>\n37:14 AI bubble vs. the dot-com era<br \/>\n37:59 What higher yields mean for Schwab<br \/>\n39:01 Charlie, Schwab&#8217;s AI agent<br \/>\n39:59 Should AI agents trade for you?<br \/>\n44:01 Why Schwab blocks unauthorized agents<br \/>\n45:56 The wealth transfer myth<br \/>\n48:36 CoreWeave sinks again<br \/>\n49:20 What credit markets are signaling<br \/>\n52:34 Is the demand still there?<br \/>\n54:06 Where the AI trade goes from here<br \/>\n59:59 Closing bell: Stocks end lower<br \/>\n1:01:15 Tech&#8217;s failed breakout<br \/>\n1:01:51 Micron, SanDisk and the chip slide<br \/>\n1:03:53 Bitcoin holds up<br \/>\n1:04:33 Crypto stocks fall<br \/>\n1:04:59 T. Rowe Price&#8217;s Sebastien Page on momentum<br \/>\n1:07:21 Where to look in the AI trade<br \/>\n1:08:37 What to expect from tech earnings<br \/>\n1:10:06 Why long-term rates are rising<br \/>\n1:12:41 Oil, Iran and inflation risk<br \/>\n1:13:39 The lagged effect of energy prices<br \/>\n1:18:28 RadioShack&#8217;s retro comeback<br \/>\n1:20:58 Retro tech and Gen Z<br \/>\n1:22:43 Physical media&#8217;s comeback<br \/>\n1:24:21 What to watch next week<\/p>\n<p>#StockMarket #TechStocks #Tesla #MarketDomination #YahooFinance<\/p>\n<p>==<br \/>\nAlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors.<br \/>\n\ud83d\udc49 https:\/\/finance.yahoo.com\/about\/promos\/gold\/alphaspace?ncid=100003571<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks closed lower on October 16, 2026, as the tech selloff spread from chips to software and cybersecurity, leaving the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":2292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - 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