Big Tech Night Session Broad Decline, META Falls Over 7%, TSLA Down Nearly 3%
Complete. Here is the key summaryDuring the night session on Tuesday (July 29), big tech stocks retreated collectively. META.US led the decline with a drop of over 7%, while TSLA.US and TSM.US fell close to or more than 3%. AAPL.US, AMZN.US, and GOOGL.US also closed lower across the board.
During the night session on Tuesday (July 29), big tech stocks faced collective selling pressure, with mainstream names closing lower across the board. As of press time, META.US performed the weakest, trading at $543.62 in the night session, down 7.22% from the previous close. TSLA.US followed closely, trading at $297.58 in the night session, down 2.97%; TSM.US traded at $373.69 in the night session, down 0.26%.
Other tech giants were not spared. AAPL.US traded at $339.00 in the night session, down 0.27%; AMZN.US traded at $231.15 in the night session, down 1.95%; GOOGL.US traded at $336.72 in the night session, nearly flat with a slight decline of 0.01%. On the leveraged products front, TSLL.US traded at $6.70 in the night session, TSDD.US at $12.58; GGLL.US at $98.81, and GGLS.US at $60.27, reflecting heightened market volatility.
Overall, sentiment in the big tech sector was weak during the night session, with META.US leading the decline due to earnings or news-related impacts, dragging down the sector's overall performance. Investors should monitor capital flows and news developments following the open in subsequent trading sessions.