Tesla getting crushed while chips are printing — that's the split screen nobody ordered.
Tesla getting crushed while chips are printing — that's the split screen nobody ordered. Tesla down 5.92%, sitting at 354. That's a nasty gap. Netflix drops 5.35% to 78.25 — no single catalyst, just pain. Apple off 2.51% at 319.97. Microsoft down 2.04%, still holding 499.70. Salesforce sheds 1.97%…
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Tesla getting crushed while chips are printing — that's the split screen nobody ordered.
Tesla down 5.92%, sitting at 354. That's a nasty gap. Netflix drops 5.35% to 78.25 — no single catalyst, just pain. Apple off 2.51% at 319.97. Microsoft down 2.04%, still holding 499.70. Salesforce sheds 1.97% to 259.23 — enterprise software taking heat across the board.
Now the other side. AMD up 4.69% to 477.57. Intel right behind it, up 4.51% at 95.80. Chips are the bright spot — full stop. Oracle adds 3.08% to 158.78, quietly doing what Oracle does.
Macro picture: SPY futures down 0.39%, QQQ up 0.18%. That divergence between large-cap tech and the broader index says the market isn't moving in one direction — it's rotating. VIX at 14.53, complacent. Gold down 1.38%, risk-off narrative isn't running the room today. ETF check: IWM up 0.28%, DIA down 0.53% — small caps quietly firmer, Dow lagging.
Asian markets unavailable this morning.
No economic data on the calendar. No earnings of note. Saturday session, light tape — moves today carry less conviction, spreads widen, liquidity thins. Keep that in mind.
The read: consumer-facing tech is bleeding — Tesla, Netflix, Apple all red. But semiconductor names are getting bought hard. AMD and Intel both popping 4%-plus on the same morning is not a coincidence. Someone is making a sector call.
Numbers don't lie. People do. Trade accordingly.