Tech stocks' resilience has puzzled investors. The options market could hold some clues

Impact · against what's priced in

The report that OpenAI revenues are falling short challenges the broad AI narrative, though the immediate impact is muted as Meta and Alphabet prices already discount significant AI upside. Bearish options positioning in Meta suggests a shift in sentiment, but it does not yet undermine the low 13% growth baseline already assumed by the market.

META−0.20

Challenges what's priced in

The price assumes