Nasdaq hit correction territory, down 12% from its recent high. The main drivers are rising oil prices tied to the Middle East and investors questioning the ROI on AI spending. Money is rotating from tech into energy. Energy is up 30% this year but it is too small a part of the index to offset the tech losses. Financials are also down since expected rate cuts keep getting pushed back. Tech stocks are pulling back. Microsoft is down 24%, Oracle is down 27%, and Tesla dropped 70%. People are wondering if these companies will actually see a return on the billions they are spending on data centers. A few big IPOs might test the market soon, with SpaceX and OpenAI rumored to be prepping to go public. On the individual stock side, Cintas (CTAS) is seeing solid margin growth, and JetBlue (JBLU) is reportedly looking for a buyer.