Tech Stocks Sink as Ad Outlook Darkens, But Bonds Offer Shelter

Meta Platforms' stock fell Thursday but its bonds held up due to juicy yields, despite weak ad outlook like Snap.

Alphabet's $166B one-day market cap loss was more than Nike, AMD or Disney's total market cap.

Amazon reports Q3 results later Thursday, the next Big Tech test after weak Nasdaq closes in correction.

Bonds of tech giants like Apple, Microsoft and Nvidia are seeing more buying and stable spreads.

Apple bonds yield over 5% compared to just 0.6% dividend yield for Apple stock.