As of the time of this report, the pre - market performances of large - cap tech stocks on the U.S. stock market are presenting a mixed picture. Google is leading the pack with a gain of over 4%. Meta is also in positive territory, up 0.81%, while Amazon has inched up 0.32% and Tesla has seen a modest rise of 0.13%. On the flip side, Nvidia has taken a hit, falling nearly 4%. Microsoft is down 0.73%, Apple has declined 0.67%, and Netflix has seen a slight drop of 0.26%.
In the previous trading session, all three major U.S. stock indices ended on a high note, with large - cap tech stocks staging a collective rebound. Tesla and Google were standout performers, both soaring over 6%. Chip stocks also got a boost, with Broadcom's share price rocketing up 11%, and the Philadelphia Semiconductor Index climbing 4.6%. The market's anticipation of a Federal Reserve interest rate cut next month has been on the rise, which has acted as a catalyst for the stock market's upward movement.
