Two-Thirds of U.S. Tech Stocks Down Over 20% From Highs on July 8

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According to MarketWatch, on July 8, two-thirds of U.S. technology stocks have declined more than 20% from their 52-week highs, marking a sharp reversal from recent months when artificial intelligence-related shares drove market rallies. Market analysts, including Mike Zakadi, noted that even earnings surprises from major players like Samsung Electronics are increasingly triggering selling pressure.
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