shares of technology behemoths and electric vehicle maker tesla inc tsla  pulled sharp uturns in premarket trading to dive into negative territory after data showing that inflation rose more than expected in june of the top5 companies by market capitalization shares of apple inc aapl fell 19 microsoft corp msft dropped 18 alphabet inc googl goog slid 20 amazoncom inc amzn shed 20 and tesla sank 33 the consumer price index cpi rose 13 in june compared with expectations of a 11 advance as yearoveryear inflation increased to 91 to the highest rate since november 1981 in addition inflationadjusted wages fell 1 in june prior to the cpi release shares of apple microsoft amazon and tesla were all gaining more than 1 while alphabets stock was only down about 02 meanwhile futures es00 for the sp 500 spx swung from a gain of about 09 just before the data to a loss of 16