# Tech buyers return as markets shake off Friday's selloff

> Nasdaq futures surge while oil hits $108 per barrel and bond yields ease, but AI companies face a capital cost crisis.
- Title: Tech buyers return as markets shake off Friday's selloff
- Summary: Nasdaq futures surge while oil hits $108 per barrel and bond yields ease, but AI companies face a capital cost crisis. Markets recovered Monday after…
- Keywords: nasdaq, stock market, tech stocks, oil prices, bond yields, artificial intelligence, capital costs, hyperscalers, Tech, buyers, return, markets
- Source: Fortune — https://fortune.com/2026/10/19/buyers-step-in-where-angels-fear-to-tread
- Author: Jim Edwards
- Read time: 1 min
- Topics: nasdaq, stock market, tech stocks, oil prices, bond yields, artificial intelligence, capital costs, hyperscalers
## Markets recover after Friday's tech rout
Nasdaq futures were up strongly before the open in New York on Monday, suggesting traders believe last week's selloff was overcooked. S&P 500 futures were up zero point four seven percent.

> Things are looking a lot cheerier than they were at the close on Friday.
## Global markets mixed as oil surges
Stocks struggled globally as oil rose to one hundred eight dollars per barrel. Asia was mixed, while European markets declined. The Stoxx six hundred was down zero point seven eight percent.
## Bond yields ease from crisis-level spike
The yield on the benchmark ten-year Treasury was five point zero eight percent Monday morning, down from its recent peak of five point three percent.
## AI companies face doubled borrowing costs
The weighted average cost of capital for hyperscalers is now ten percent, up from four percent in twenty twenty-three, according to Bank of America's Savita Subramanian.

> The [weighted average cost of capital] for hyperscalers is now 10%, up from 4% in 2023
## Capital spending wave may shift next year
Subramanian forecasts the capital expenditures wave has further to run, but there might be a marked shift in trend next year if yields do not decrease.

> there might be a "marked shift in trend" next year if yields don't decrease
## Key takeaway

Markets recovered Monday after Friday's tech selloff, with Nasdaq futures up strongly, though rising borrowing costs threaten AI company profitability.