BlockBeats News, July 17th, The Kobeissi Letter reported that retail investors are cashing out gains from the tech stock rally. Last week, retail investors net sold $125 million of AMD stock, the largest net selling volume among all individual stocks; Apple and Tesla saw net selling of $120 million and $105 million respectively.

During the same period, retail investors also net sold $65 million of NVIDIA, $40 million of American Airlines, and $22 million of Meta stock. In the past two weeks, retail net selling of Apple and Tesla has reached $200 million each.

Meanwhile, retail individual stock trading volume has surged to a record $370 billion, exceeding the $220 billion at the beginning of 2026. After the historic surge in tech stocks, retail investors are taking profits.