On September 15 during regular trading hours, the Big Tech sector displayed mixed performance. As of press time, major constituents showed divergent moves, with Meta Platforms and Tesla posting modest gains, while Apple, Amazon, Alphabet, and TSMC traded lower. Overall, technology stocks exhibited varied performance during intraday trading, reflecting divergent investor sentiment toward the sector. Market participants are digesting recent earnings data and macroeconomic signals, leading to notable differentiation in individual stock performance within the sector.
Specifically, Meta Platforms rose 0.11% to $666.30, with an intraday high of $678.87 and low of $656.20, volume of 10.04 million shares, and turnover of $6.72 billion. Tesla gained 0.30% to $360.04, trading in a range of $354.63 to $362.39, with volume of 16.87 million shares and turnover of $6.07 billion, the highest in the sector. Apple fell 0.94% to $329.96, with an intraday low of $328.35, volume of 13.94 million shares, and turnover of $4.60 billion. Amazon dropped 1.74% to $249.13, the largest decliner among major constituents, with volume of 16.05 million shares and turnover of $4.02 billion. Alphabet declined 1.51% to $344.13, volume of 9.12 million shares, and turnover of $3.15 billion. TSMC fell 1.21% to $412.97, volume of 4.42 million shares, and turnover of $1.84 billion.
On the derivative products front, Direxion Daily GOOGL Bear 1X Shares (GGLS.US) rose 1.59% to $58.54, reflecting inverse gains from Google's decline. Direxion Daily TSLA Bull 2X Shares (TSLL.US) gained 0.53% to $9.42, with volume of 33.15 million shares and turnover of $311 million. Direxion Daily TSLA Bear 1X Shares (TSDD.US) fell 0.50% to $7.96, volume of 8.94 million shares, and turnover of $71 million. Direxion Daily GOOGL Bull 2X Shares (GGLL.US) dropped 2.98% to $100.79, the largest decliner among derivatives, with volume of 0.50 million shares and turnover of $51 million. The volatility of leveraged ETFs generally exceeded that of the underlying stocks, reflecting the impact of leverage.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| Direxion Daily GOOGL Bear 1X | GGLS.US | 58.54 | +1.59% |
| Direxion Daily TSLA Bull 2X | TSLL.US | 9.42 | +0.53% |
| Tesla | TSLA.US | 360.04 | +0.30% |
| Meta Platforms | META.US | 666.30 | +0.11% |
| Direxion Daily TSLA Bear 1X | TSDD.US | 7.96 | -0.50% |
| Apple | AAPL.US | 329.96 | -0.94% |
| TSMC | TSM.US | 412.97 | -1.21% |
| Alphabet | GOOGL.US | 344.13 | -1.51% |
| Amazon | AMZN.US | 249.13 | -1.74% |
| Direxion Daily GOOGL Bull 2X | GGLL.US | 100.79 | -2.98% |