Big Tech Mixed in Regular Session, AAPL Up 0.78%, META Down 2.31%
Complete. Here is the key summaryDuring Wednesday (July 8) regular session, Big Tech showed mixed performance with AAPL and TSM gaining slightly while META, TSLA, GOOGL, and AMZN declined together; leveraged ETFs saw heightened volatility amid cautious market sentiment.
During the regular session on Wednesday (July 8), the Big Tech sector showed mixed performance with most tech giants under pressure. As of press time, Apple (AAPL.US) rose 0.78% to $313.08, and TSMC (TSM.US) gained 0.76% to $435.87; while Meta (META.US) fell 2.31% to $601.38, Tesla (TSLA.US) dropped 2.30% to $393.65, Google (GOOGL.US) declined 1.98% to $359.78, and Amazon (AMZN.US) slipped 1.30% to $242.78.
Looking at individual stock performance, semiconductor-related names showed relative stability with TSMC following Apple's modest gains. Meanwhile, social media and EV sectors faced significant selling pressure, with Meta and Tesla both falling over 2%. On the leveraged ETF front, Tesla's directional ETFs saw notable volatility: TSLL.US (2x long) fell 4.67% to $12.24, while TSDD.US (2x short) rose 4.75% to $7.72; among Google's directional ETFs, GGLL.US (2x long) dropped 3.81% to $115.15, and GGLS.US (2x short) gained 2.08% to $5.69, reflecting divergent market views on tech stocks' near-term direction.
Overall, the Big Tech sector displayed a consolidating pattern today with heavy investor caution around key levels. Internal divergence was evident, with hardware supply chain names showing relative resilience while high-valuation internet platform stocks faced profit-taking pressure. The market awaits further clarity from upcoming earnings season guidance and macroeconomic data.