Why Tech Just Crashed and Where Money Is Rotating Right Now

The Wednesday session closed Red. Here is why.Geopolitical escalation in the Strait of Hormuz pushed oil prices toward $92 a barrel, colliding head-on with May CPI hitting a three-year high of 4.2%. Simultaneously, massive capital dilution fears in the AI hardware space triggered an aggressive institutional liquidation out of momentum tech and into defensive havens.📊 THE SCOREBOARD🟢 Winners: Energy caught a powerful defensive bid as crude oil spiked.🔴 Losers: Information Technology and Semiconductors got severely punished, led by a steep sell-off in SMCI.👀 THE LOOK AHEAD🔔 The #1 thing to watch tomorrow is the May Producer Price Index (PPI) print and the pricing of SpaceX's massive IPO to see if the market can stabilize or if a deeper liquidation loop is ahead.Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.