Orderly Tech Consolidation

The most likely outcome is that the selloff remains an orderly valuation reset rather than becoming a systemic de-risking event. Dip buyers return selectively to profitable megacap technology shares, but positioning stays cautious because Treasury yields remain elevated and AI capital-spending scrutiny has not disappeared.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.