No Rate Cuts, No Jobs? The "Double Threat" Crushing IT Stocks... 13-Feb-26

It was a brutal day for wealth creation. The IT index is in freefall for the third straight session, dragging the entire market down with it. A shockingly strong US jobs report just killed any hope of a quick Fed rate cut, meaning borrowing costs will stay painfully high. Combine that with the growing fear that AI is making human coders obsolete, and you have a recipe for extreme volatility. Tonight, Sanket Bendre breaks down whether this aggressive selling is a panic-driven trap or a fundamental shift you can't ignore.