Big Tech Night Session Mixed, GOOGL Falls Near 6%, META Drops Almost 4%
Complete. Here is the key summaryBig tech stocks retreated during the night session on August 5, with Alphabet's GOOGL down nearly 6%, META falling almost 4%, and Tesla slipping 1.77%, while Apple and Amazon posted slight gains.
Big tech stocks showed mixed performance during the night session on August 5, with an overall corrective tone. Alphabet's GOOGL.US led the decline, trading at $364.45 in night trading, slightly up from the previous close of $362.43. However, looking at its regular market session, the stock fell steadily from an open of $383.34 to close at $362.43, representing a 5.09% drop from the prior close of $377.65, with weakness continuing into the night session. Meta Platforms META.US traded at $588.45 in night trading, down 0.05% from the previous close of $588.77, but during regular hours it fell 1.77% (from $600.455 to $588.77), touching a low of $580.12.
Tesla TSLA.US traded at $321.64 in night session, essentially flat with a 0.03% gain from the previous close of $321.55; the stock showed weakness during regular hours, closing at $321.55, down 1.77% from $327.35. Apple AAPL.US demonstrated relative resilience in night trading, at $313.31, up 0.74% from the previous close of $311.00, extending its post-market gains. Amazon AMZN.US traded at $273.26 in night session, up 0.22% from $272.65; the stock had fallen 1.73% during regular hours, dropping from $281.59 to $272.65.
TSMC TSM.US traded at $412.00 in night session, down 0.48% from the previous close of $414.00; the stock opened at $419.32 and moved lower during regular hours to close at $414.00. Among leveraged products, Tesla 3x Bull TSLL.US traded at $7.78 in night session, slightly up from $7.77, while Google 2x Bull GGLL.US traded at $114.91, up 1.29% from $113.44. Overall, the big tech sector entered a consolidation phase during the night session following broad corrections in regular hours, with investors awaiting further earnings reports and macroeconomic data guidance.
