Big Tech Rallies Intraday: META Up Nearly 4%, TSLA Up Nearly 7%
During intraday trading on September 3, the Big Tech sector rallied broadly, with mainstream technology stocks posting widespread gains. As of press time, Tesla (TSLA.US) led the charge, up nearly 7% at $381.70; Meta (META.US) followed closely, up nearly 4% at $613.69. Apple (AAPL.US), Amazon (AMZN.US), and Google (GOOGL.US) each gained approximately 1.3%-1.5%, while TSMC (TSM.US) edged down 0.36%.
Looking at specific performance, Tesla touched an intraday high of $384.04, with trading volume reaching 42.1 million shares and turnover of approximately $15.86 billion, indicating strong market enthusiasm for the stock. Meta hit an intraday high of $619.44, with volume of about 10.65 million shares and turnover of approximately $6.53 billion. Apple traded at $329.68, up 1.45%, with an intraday high of $330.81 and volume of about 17.09 million shares; Amazon at $258.50, up 1.38%, with volume of about 13.34 million shares; Google at $341.48, up 1.29%, with volume of about 9.13 million shares. TSMC traded at $414.01, down 0.36% from the previous close of $415.50.
Tesla-related derivative products showed even more dramatic moves, with TSLL.US (2x Tesla Bull ETF) up 13.77% at $10.66, volume reaching 94.5 million shares and turnover of approximately $983 million; while TSDD.US (2x Tesla Bear ETF) down 14.02% at $7.15, with volume of about 8.19 million shares. Among Google-related derivatives, GGLL.US gained 2.61% to $99.75, and GGLS.US fell 1.14% to $59.12. Overall, the Big Tech sector displayed a broad rally pattern during intraday trading, with market sentiment leaning optimistic and investors maintaining positive expectations for the sector's future performance.
