Citrini Essay Sparks Tech Stock Rebound

Tech stocks rebounded Wednesday after a selloff triggered by a viral 7,000-word Citrini Research essay published Sunday that envisioned a 2028 "Global Intelligence Crisis" with unemployment above 10% and a 38% S&P 500 plunge. Economists and firms, including the White House acting CEA chair and Citadel Securities, dismissed the scenario as speculative while investors scrutinized AI spending and upcoming Nvidia earnings.