Tech Down as AI Rally Remains Stalled - Tech Roundup

Dow Jones

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Shares of technology companies fell as a wobble in the artificial-intelligence rally continued.

The Roundhill Magnificent Seven exchange-traded fund finished with a roughly 1% loss.

Earlier in the session, the ETF, which tracks the largest U.S. tech companies, was down roughly 2%, almost moving into 10% correction territory.

Tesla shareholders approved a record-setting pay package for Elon Musk that could ultimately give him new stock worth $1 trillion and a roughly 25% stake.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

November 07, 2025 17:19 ET (22:19 GMT)

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