AI sell-off eases as Nasdaq recovers after $2T tech wipeout


US futures rebound after a brutal tech week; Ryanair profit falls and fares may rise; oil dips amid Doha talks while Goldman warns Brent could hit $140; Democrats make a final midterm push.

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What stands out

Markets are trying to catch their breath after a violent tech rotation that erased about $2T from the Nasdaq, with futures pushing back into positive territory as the initial AI-driven selling pressure cools. That rebound matters because it looks less like a fresh bull run and more like profit-taking exhaustion; traders are testing whether beaten-up growth names can hold recent lows. The clip also pairs that equity action with an eye-catching oil warning from Goldman Sachs that Brent could reach $140 per barrel next year, a reminder energy shocks can undo an equity rally quickly.