#nasdaq100fallsinbacktobackweeklyloss
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US Market Close: Tech Bloodbath! SOXX Crashes 4.25%, Memory & Optical Stocks Slaughtered! Tesla Plunges 18% This Week (Worst Since 2022), Apple +3.5% Carries the Load
📉💥
Wild week ends in h
ea
vy rotation. Chip supply chain deleveraging + post-earnings valuation reset hammered the sector. Philadelphia Semiconductor Index plunged 4.25%. Memory and optical names saw massive profit-taking.
Key Moves
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•Memory/OOptical Carnage: Kioxia ADR -14%, SanDisk -10%+, SK Hynix -8%+, Intel -7% (post-earnings), WDC/MU/STX all -6%+.
•Tesla (TSLA): -2% today, -18% weekly — worst week since late 2022.
•Apple (AAPL): +3.5% surge near highs on strong balance sheet and cost discipline.
•Indices: Nasdaq -0.64% (weekly -2.13%); S&P +0.05% (weekly -0.61%); Dow +0.46% (weekly -0.38%). Nasdaq & S&P post second straight red week.
Standouts: SLB +11% (biggest daily gain since Apr 2025); Software ETF (IGV) +1%.
Logic: Rising 30Y yields (~5.2%) + geopolitical oil storm tightened liquidity. High-beta names (memory, optical, TSLA) got crushed in deleveraging, while fortress balance sheets like AAPL became the ultimate safe haven.
$MVLLB
🚨
US Market Close: Tech Bloodbath! SOXX Crashes 4.25%, Memory & Optical Stocks Slaughtered! Tesla Plunges 18% This Week (Worst Since 2022), Apple +3.5% Carries the Load
📉💥
Wild week ends in h
ea
vy rotation. Chip supply chain deleveraging + post-earnings valuation reset hammered the sector. Philadelphia Semiconductor Index plunged 4.25%. Memory and optical names saw massive profit-taking.
Key Moves
📊
•Memory/OOptical Carnage: Kioxia ADR -14%, SanDisk -10%+, SK Hynix -8%+, Intel -7% (post-earnings), WDC/MU/STX all -6%+.
•Tesla (TSLA): -2% today, -18% weekly — worst week since late 2022.
•Apple (AAPL): +3.5% surge near highs on strong balance sheet and cost discipline.
•Indices: Nasdaq -0.64% (weekly -2.13%); S&P +0.05% (weekly -0.61%); Dow +0.46% (weekly -0.38%). Nasdaq & S&P post second straight red week.
Standouts: SLB +11% (biggest daily gain since Apr 2025); Software ETF (IGV) +1%.
Logic: Rising 30Y yields (~5.2%) + geopolitical oil storm tightened liquidity. High-beta names (memory, optical, TSLA) got crushed in deleveraging, while fortress balance sheets like AAPL became the ultimate safe haven.
$MVLLB