IPO is trading 4.7% down today as the information technology sector reacts to a Bank for International Settlements (BIS) warning that over $1 trillion in debt-fueled AI spending could lead to a protracted investment bust.
- The BIS warned that massive spending by top hyperscalers in 2025–2026 may trigger broader financial instability and a long-term downturn in tech valuations.
- The report is specifically pressuring high-growth, AI-exposed tech names and mid-cap growth ETFs, even as broader index futures remain relatively stable.