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CNBC: Analyst calls AI stocks correction a 'healthy pullback'

CNBC reported that Alexander Guilano of Resonate Wealth Partners said the downturn in AI stocks may be a healthy correction and could spark a bigger year-end rally.

MarketAlleys Research Desk

Published · 3 min read

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Illustration for: CNBC: Analyst calls AI stocks correction a 'healthy pullback'
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What happened

CNBC reported Nov 6, 01:54 UTC that Alexander Guilano, Founder and CIO of Resonate Wealth Partners, discussed the downturn in AI stocks. CNBC said Guilano described the move as potentially a 'healthy pullback' and flagged the possibility it could spark a bigger year-end rally.

CNBC added that Guilano weighed whether the downturn represents the start of a bear market or a healthy correction following the U.S. midterms.

Stocks market context

As of Nov 6, 20:31 UTC the SPY ETF was $737.99 and rose 0.68% from the prior close; the QQQ ETF was $659.23 and rose 1.88% from the prior close. NVIDIA was $188.20 and rose 3.63% from the prior close, Apple was $343.85 and fell 0.09% from the prior close, and Microsoft was $532.18 and fell 0.70% from the prior close. Finnhub provided the prices.

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $737.99 +0.68% vs prior close Nov 6, 20:31 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $659.23 +1.88% vs prior close Nov 6, 20:31 UTC Finnhub
NVIDIA $188.20 +3.63% vs prior close Nov 6, 20:31 UTC Finnhub
Apple $343.85 -0.09% vs prior close Nov 6, 20:31 UTC Finnhub
Microsoft $532.18 -0.70% vs prior close Nov 6, 20:31 UTC Finnhub
Amazon $260.93 +0.28% vs prior close Nov 6, 20:31 UTC Finnhub
Alphabet $286.30 +1.32% vs prior close Nov 6, 20:31 UTC Finnhub
Meta Platforms $615.69 +1.75% vs prior close Nov 6, 20:31 UTC Finnhub
Tesla $360.83 +4.99% vs prior close Nov 6, 20:31 UTC Finnhub
JPMorgan Chase $335.94 -0.41% vs prior close Nov 6, 20:31 UTC Finnhub

Fortune reported on Nov 5 that tech stocks suffered the biggest selloff since Covid, attributing sharp moves to investor concern about AI datacenter demand. TheStockMarketWatch reported on Nov 6 that tech and AI sectors led a Friday afternoon rally. Yahoo reported on Nov 6 that Microsoft slipped as investors rotated back into AI suppliers.

What to watch

KKR Q3 2026 earnings are scheduled Mon Nov 9 (before the open); DOLE Q3 2026 earnings are scheduled Mon Nov 9 (before the open); CNH Q3 2026 earnings are scheduled Mon Nov 9 (before the open).

  • Mon Nov 9 (before the open) — KSPI Q3 2026 earnings · EPS estimate 1571.76
  • Mon Nov 9 (before the open) — CEG Q3 2026 earnings · EPS estimate 3.89
  • Mon Nov 9 (before the open) — NRG Q3 2026 earnings · EPS estimate 3.36
  • Mon Nov 9 (before the open) — FERG Q3 2026 earnings · EPS estimate 3.37
  • Mon Nov 9 (before the open) — CNH Q3 2026 earnings · EPS estimate 0.10
  • Mon Nov 9 (before the open) — KKR Q3 2026 earnings · EPS estimate 1.60

Sources and data

  • CNBC (secondary source) — AI stocks correction a ‘healthy pullback’ that could spark a bigger year-end rally, say analyst
  • Yahoo (secondary source) — The Average 1-Year CD Pays Just 1.76%. These Dividend Stocks Could Pay More
  • fortune.com (secondary source) — Tech stocks suffer biggest selloff since Covid, as investors see end to AI datacenter boom
  • thestockmarketwatch.com (secondary source) — Tech and AI Sectors Surge as Nasdaq Leads Afternoon Rally
  • Finnhub (market data) — market data

Market data as of Nov 6, 20:31 UTC; report generated Nov 6, 20:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. CNBC (secondary, retrieved Nov 6, 2026, 08:43 PM UTC)
  2. Yahoo (secondary, retrieved Nov 6, 2026, 08:43 PM UTC)
  3. fortune.com (secondary, retrieved Nov 6, 2026, 08:43 PM UTC)
  4. thestockmarketwatch.com (secondary, retrieved Nov 6, 2026, 08:43 PM UTC)
  5. Finnhub (market-data, retrieved Nov 6, 2026, 08:43 PM UTC)

Market data as of Nov 6, 2026, 08:31 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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