The AI Selloff Is Getting Brutal: 10 Tech Giants Already Deep in Bear Market Territory
Key takeaways
- Instead, it has also exposed just how quickly expectations can outrun reality.
- The potential for interest rate hikes, slowing enterprise software budgets, and concerns over corporate debt have only added to the pressure.
- Here's how far these 10 technology leaders have fallen from their recent highs:
The AI Selloff Is Getting Brutal: 10 Tech Giants Already Deep in Bear Market Territory Rich Duprey Fri, June 26, 2026 at 10:03 PM GMT+7 4 min read COIN ORCL NOW PLTR NFLX The AI boom promised to create a new generation of market winners. Instead, it has also exposed just how quickly expectations can outrun reality. After years of paying premium valuations for anything tied to artificial intelligence, investors are now demanding stronger earnings, disciplined spending, and proof that massive AI investments will generate real returns.
The potential for interest rate hikes, slowing enterprise software budgets, and concerns over corporate debt have only added to the pressure. The result is that several of the market's biggest technology names have quietly slipped well into bear market territory -- even though many remain industry leaders with enviable long-term businesses.
Here's how far these 10 technology leaders have fallen from their recent highs: