Despite a modest +0.43% bounce on June 25, the Nasdaq 100's heaviest names remain under pressure: Apple (-6.13%) and Microsoft (-3.23%) flagged hardware price hikes from surging memory costs, and chipmaker losses recently dragged the index to 1.5-week lows. A hawkish Fed (≈80% odds of a December hike) hurts rate-sensitive tech, so the day-ahead lean is down.