Winners and Losers in Tech Stocks This Week

Dow Jones
08/01

Over the past two days, four of the trillion-dollar tech giants have reported earnings. Each day, there's been one clear winner and one clear loser.

Today, Amazon stock is winning while Apple is down. Yesterday, it was Mircosoft tearing up the stock charts, while Meta Platforms took its lumps.

The gaps on the two days are similarly yawning. Yesterday, Microsoft's stock move was about 23 percentage points above Meta's. Today's gap between Amazon and Apple was about 24 percentage points shortly after noon ET.

Here's a look at the performance this week of the four stocks, along with the other three "Magnificent Seven" tech names:

-- Microsoft $(MSFT)$: Up 21%

-- Amazon (AMZN): Up 17%

-- Alphabet $(GOOG)$: Up 11%

-- Tesla $(TSLA)$: Down 1%

-- Nvidia (NVDA): Down 4%

-- Meta Platforms (META): Down 8%

-- Apple $(AAPL)$: Down 10%

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