Tech stocks rebound after worst selloff in six years

Tech stocks are recovering Friday after Thursday's sharp selloff, with the Nasdaq 100 rising 1.9 percent following a 6.3 percent drop, its worst single-day performance in six years. Investors are buying the dip amid fears that Democratic midterm victories could lead to AI-critical policies, with Senator Bernie Sanders calling for a national data center moratorium on Wednesday. Nvidia and SpaceX shares rose 7 percent and 6.1 percent, though neither has fully recovered. Intel and Airbnb jumped 8.9 percent and 11.7 percent, respectively, while chipmakers tied to AI continue to struggle but are also up. The rebound follows Tuesday's election results, which many tech leaders had opposed.