Closing Bell Stocks Sell Off As More AI, Tech Fears Roil Investors; Cursor CEO on New Valuation 11/13/25
4 snips
Nov 13, 2025 
Michael Truel, CEO of Cursor, discusses the company's impressive $2.3 billion fundraising and rapid enterprise adoption of its AI coding tool, boosting productivity by 40%. Meanwhile, CNBC's Melissa Lee reveals the concerning risks of insurance schemes sourcing cheaper medications from overseas, highlighting real patient stories. Mike Santoli analyzes the market's rotation away from high-momentum tech stocks towards safer investments, noting the health sector's resilience amidst broader market fears.
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AI Valuation Reset Hits Tech Hard
- Today's sell-off was led by tech and AI-valuation fears, with the Nasdaq down ~2% and the Dow off ~800 points.
- Investors rotated into energy and healthcare while long-duration growth names weakened on rising rates and valuation stress.
Fed Cut Odds Recalibrated Rapidly
- Market prices for Fed cuts shifted sharply; Fed Fund futures moved from near-lock to ~50% chance for December cuts.
- Stocks and bond yields reacted quickly, steepening the curve as long yields rose more than two-year yields.
Cap Losses While Keeping Upside
- Prioritize risk management when valuations are high by using structured exposure that limits losses.
- Consider QFLR to capture ~70–80% of NASDAQ upside while capping one-year losses near 10%.