TECL is trading at $197.29, down -4.78%, as higher Treasury yields pressure richly valued technology shares.

  • The 10-year yield reached roughly 4.88%, its highest level in nearly three years, while August PPI remained elevated.
  • Oil above $100 amid U.S.-Iran military escalation is intensifying inflation and risk-off concerns.
  • The Nasdaq Composite fell 0.86% and S&P 500 0.74%; TECL’s leverage magnifies the decline, while Oracle and Adobe earnings uncertainty adds caution.