Big Tech Mixed During Market Hours, META Down 2.27%, TSM Falls 1.83%
On October 7 during regular market hours, the big tech sector displayed divergent performance among technology giants. As of press time, Apple (AAPL.US) rose 0.74% to $336.11, Amazon (AMZN.US) gained 1.36% to $259.77, and Google (GOOGL.US) advanced 0.83% to $350.55. On the other hand, Meta (META.US) fell 2.27% to $722.08, Tesla (TSLA.US) declined 0.94% to $377.11, and TSMC (TSM.US) dropped 1.83% to $473.47.
The sector showed clear internal divergence, with hardware and software segments moving in different directions. Amazon led gains among mainstream tech stocks with a 1.36% increase, indicating continued investor confidence in its e-commerce and cloud computing businesses. Google edged up 0.83%, while Apple rose modestly 0.74%, keeping major tech giants relatively stable overall. Meta posted the largest decline at 2.27%, possibly reflecting concerns about its advertising business. TSMC fell 1.83%, indicating pressure on the semiconductor segment.
In terms of derivative products, Tesla-related leveraged products showed significant volatility. TSLL.US declined 1.84% to $10.12, while the inverse product TSDD.US rose 1.71% to $7.13. Google leveraged product GGLL.US gained 1.59% to $103.03, and the inverse product GGLS.US fell 0.53% to $57.26. Investors should note the risks associated with leveraged products and allocate positions appropriately.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| TSDD | TSDD.US | 7.13 | +1.71% |
| GGLL | GGLL.US | 103.03 | +1.59% |
| Amazon | AMZN.US | 259.77 | +1.36% |
| GOOGL.US | 350.55 | +0.83% | |
| Apple | AAPL.US | 336.11 | +0.74% |
| GGLS | GGLS.US | 57.26 | -0.53% |
| Tesla | TSLA.US | 377.11 | -0.94% |
| TSMC | TSM.US | 473.47 | -1.83% |
| TSLL | TSLL.US | 10.12 | -1.84% |
| Meta | META.US | 722.08 | -2.27% |
