"Investors starting to worry about high bars set for this earnings quarter, esp tech related.... more investors starting to fear that just “good result” is not enough to support the market given high bars set, rather we need “massive positive surprise”.

Tokyo and Taipei led losses on a glum day for Asian markets Friday, with tech firms once again in the crosshairs as investors cash in following this year's breathtaking rally.

Japan’s Nikkei plunged 4.9 per cent while Taiwan’s Taiex sank 5.1 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

As July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-taking alongside worries regarding the…