Magnificent 7 lose $1 trillion in market value in Thursday's tech plunge
The S&P 500 shed an estimated $2.9 trillion in market capitalization, the largest single-day loss of value on record, with the mega-cap tech cohort leading the damage.
Read at CNBC →Full coverage · 14 outlets
- CNBC · lead
- MarketWatchTech stocks log worst day since 2020 as carnage comes to the AI trade
- CNBCMagnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge
- BBCMajor tech stocks plunge as US midterms add to fears of AI slowdown
- Gephardt DailyNasdaq plunges 5.5% as AI concerns erase post-midterm gains
- BigGo FinanceMagnificent 7 Shed Over $1 Trillion in a Single Day as Philadelphia Semiconductor Index Plunges 12%
- Pasquale PillitteriIntel Plunges 30% as Tech Stocks Lose $1 Trillion
- Bloomberg.comMagnificent 7 Lose $797 Billion as AI Skeptics Dump Tech Stocks
- The Business TimesMagnificent 7 lose US$797 billion as AI sceptics dump tech stocks
- Yahoo FinanceWorld’s 6 Richest Lose $130 Billion On Thursday As AI Spending Fears Sink Tech Stocks
- www.trendingtopics.euAfter Google’s Crash, Intel Plunges 29% as A.I. Fears Hit Tech Stocks
- FortuneBig Tech earnings slam into a market in revolt over AI spending
- ChartMillStock Screener, Technical and Fundamental Analysis Tool - Day & Swing trading, Value, Growth Investing.
- MSNMagnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge