WS #12276
Semiconductor sell-off intensifies with SOXX entering bear market; IBM crashes 25% on earnings miss; Netflix plunges 11%; Apple briefly tops Nvidia as world's most valuable company amid rotation. Apple retakes the title of world's largest company by market cap, surpassing Nvidia, as tech rotation favors Apple's relative safety.
Tech rout deepens: semiconductors and mega-cap sell-off
Semiconductor sell-off intensifies with SOXX entering bear market; IBM crashes 25% on earnings miss; Netflix plunges 11%; Apple briefly tops Nvidia as world's most valuable company amid rotation.
Apple retakes the title of world's largest company by market cap, surpassing Nvidia, as tech rotation favors Apple's relative safety.