Microsoft and Amazon leading the tech seven giants in early trading due to Redburn downgrading two stocks.

Microsoft and Amazon performed worse than the other members of the big seven technology giants in pre-market trading, as Rothschild & Co Redburn downgraded the ratings of these two stocks for the first time since coverage started in June 2022. Meanwhile, Nvidia's stock price is also expected to continue its downward trend, with the company set to release its quarterly earnings report later this week.