Amazon stock closes down ~8%, Meta ~7%, Apple ~6%, Alphabet ~5%, and Microsoft ~4% as a Big Tech selloff pushes the Nasdaq to its steepest drop since June 2020 (Jordan Novet/CNBC)

Jordan Novet / CNBC:

Amazon inventory closes down ~8%, Meta ~7%, Apple ~6%, Alphabet ~5%, and Microsoft ~4% as a Huge Tech selloff pushes the Nasdaq to its steepest drop since June 2020  —  – Cloud and e-commerce shares have been among the many largest losers on Thursday on disappointing earnings reviews and after the U.S. central financial institution raised rates of interest.