Short sellers are closing in on some shocking tech stocks
The bears kicked off 2025 by targeting some of the tech sector's biggest names
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It’s a complicated time for financial markets, with both the Dow Jones Industrial Average and the S&P 500 index mostly trending downward. The combination of poor growth readings and recurring inflation is still pulling markets down as this week winds to a close.
Most members of the group of prominent tech stocks known as the Magnificent 7 have lost considerable momentum, casting uncertainty over the U.S. economy.