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Big Tech is bleeding today. Meta, $META, is down -6.6%, wiping out its +5% post-earnings jump. Amazon, $AMZN, is down -3.8%, Broadcom, $AVGO, is down -2.9%, Nvidia, $NVDA, is down -2.7% and Google, $GOOGL, is down -2.1%. Chip stocks are getting hit even harder, with $LRCX down -8.9%, $AMAT down -5.8%, $INTC down -5.6% and $AMD down -5.5%. Apple, $AAPL, is the only Magnificent 7 stock in the green at +0.4%.

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