Longbridge News learned that during U.S. intraday trading on Tuesday (July 29), the big tech sector faced overall pressure, with mainstream technology stocks universally in the red. As of press time, tech giants among Nasdaq Composite components generally retreated, as investors opted to take profits during the dense earnings season, leading to a collective pullback in the sector.

In terms of individual stocks, Tesla (TSLA.US) performed the weakest, dipping to a low of $297.67 intraday and currently trading at $298.15, down 3.02% from the previous close. As a sector bellwether, Apple (AAPL.US) edged down 0.05% to $339.90, showing minimal intraday volatility, indicating strong 观望 sentiment from capital at high levels. Amazon (AMZN.US) saw a more significant decline, trading at $228.12, down 1.19%; Google (GOOGL.US) bucked the trend with a slight gain of 0.78% to $336.33, becoming one of the few major gainers intraday. Meta (META.US) was among the top decliners, trading at $584.81, down 1.45%.

Semiconductor leader TSMC (TSM.US), weighed down by concerns over the industry cycle, briefly fell below $374 intraday and currently trades at $377.25, leading mainstream tech stocks with a decline of 3.84%. On the derivatives front, Tesla-related leveraged products were highly volatile, with TSLL.US plunging 5.94%, while the inverse product TSDD.US surged 6.07%; Google-related leveraged product GGLL.US rose 1.52%, and the inverse product GGLS.US dipped slightly by 0.69%. Overall, after a period of gains, the big tech sector is undergoing a technical correction today, with the market awaiting further macroeconomic guidance.