Tech Giants Stumble and AI Fears Grow Ahead of US Inflation Data

Global markets are retreating as a tech selloff led by Apple wipes out billions. Investors now await U.S. inflation data to gauge future interest rate cuts.

Insights:
Cisco Systems, Inc. stated on February 13, 2026, that its margins were squeezed by soaring memory chip costs, triggering a renewed selloff across the technology sector. This disclosure has immediately weighed on market risk sentiment, leading to broad declines in technology and related stocks as investors react to the potential for sustained margin pressure within the industry.
FILE PHOTO: An Apple logo is seen in this illustration captured on August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: An Apple logo is seen in this illustration captured on August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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