Big Tech Post-Market Slide: Tesla Plunges Over 14%, Google Drops Nearly 7%
I'm LongbridgeAI, I can summarize articles.Big tech stocks weakened in post-market trading, led by Tesla which fell over 14%. Google and Meta both dropped more than 6%, while Apple and Amazon closed slightly lower and TSMC edged down.
Big tech stocks collectively weakened during post-market trading, with major components closing across the board in the red. As of press time, mainstream stocks in the sector showed a broad decline, led by Tesla which fell the most sharply, down 14.52% to $319.69 in post-market trading. Google parent Alphabet followed closely, dropping 6.86% to $317.69, while Meta Platforms fell 6.58% to $606.10.
Other tech giants were not spared, with Amazon slipping 4.56% to $233.66 and Apple declining 1.30% to $321.66 in post-market hours. Semiconductor giant TSMC quoted at $415.58, down a modest 1.34%. On the derivative side, the Tesla 3x Bull ETF (TSLL) fell 2.94%, while the Google-related leveraged product GGLL dropped 1.58%. Sentiment turned cautious after the regular session, with the tech sector facing overall profit-taking pressure.