Yahoo Finance Executive Editor Brian Sozzi reviews last week’s tech sell-off and asks whether the good times for some AI stocks may be over. He notes that AI demand and big tech’s cash balances remain strong, but urges caution about buying on dips ahead of Apple’s earnings this week and Nvidia later this month. Citing Truist’s Keith Lerner, he says tech stocks trade well below their 10-year average P/E ratio as earnings expectations have been cut, while the S&P 500 trades at about 19 times forward earnings. Historically, tech sell-offs have often continued until a clear all-clear signal appears.
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artificial intelligencetech stocksvaluationAAPLNVDA
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/30/2026 | 344.79 |
| Change that session | -1.18% |
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.81 |
| Change that session | -4.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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