The seven major tech stocks in the U.S. market showed mixed performance. NVIDIA (NVDA, Financial) led the group with a 2.6% rise, while Alphabet faced the largest decline, dropping over 1%. Meta, the parent company of Facebook, Instagram, and WhatsApp, announced a 20-year agreement to purchase 1,121 megawatts of power from Clinton Station starting in 2027. Despite this announcement, Meta's stock fell by 0.5%. Other tech giants experienced modest gains: Tesla increased by 1%, Amazon by 0.6%, and Apple by 0.3%, while Microsoft showed little change.
The Bloomberg Equal-Weighted Index for these tech giants has fallen by 3.2% this year, following a significant 67% rise in 2024.
