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Technology stocks faced a brutal sell-off this week, dragging the Nasdaq Composite down by 3.23%—its steepest weekly decline in nearly a year. The retreat comes as investors flee high-risk assets due to escalating tensions in the Middle East and surging energy prices, which have ignited fears over global supply chain stability.

Meta Platforms led the downward spiral, with its stock plunging over 11% following consecutive legal setbacks regarding content regulation. The carnage extended across "Big Tech" as Alphabet fell 9% and Microsoft shed nearly 7%. Even the AI-darling Micron Technology saw a sharp 15% drop as investors opted for profit-taking despite strong earnings. While Nvidia, Amazon, and Tesla faced moderate losses, Apple remained a rare outlier, showing relative resilience with slight gains.