The biggest company in the world (or at least it was on Friday) is bouncing around like a small-cap stock. It rebounded huge yesterday but is under pressure again today. Perhaps the tell yesterday was that it rallied far more than other beaten-up semiconductor stocks.
The Nasdaq is down 1.2% but chart is looking better. There big risks later today with earnings from Microsoft, Meta and Tesla. The trio are all lower today led by a 3% decline in TSLA.
This article was written by Adam Button at www.forexlive.com.
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