$1 trillion wipeout: Market rout punishes megacap tech

Aug 5, 2024 · The seven most-valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday.

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$1 Trillion Wipeout: Market Rout Punishes Megacap Tech

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Aug 5, 2024 · The seven most-valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday.

cnbc.com

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Tech Rout Erases Almost $1 Trillion From Nasdaq Composite

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Jul 24, 2024 · The Nasdaq Composite on Wednesday suffered its worst day since October 2022 after disappointing earnings reports from Tesla and Alphabet shook Wall Street’s confidence in …

investopedia.com

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$1 Trillion Wiped From Nasdaq 100 In Tech And AI Stock Selloff

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Jul 25, 2024 · The downturn, which wiped out about $1 trillion in value from the Nasdaq 100 Index, marks the biggest one-day fall since 2022 for major US indexes. On Wednesday, the …

computing.net

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Nasdaq Hits Correction; Tech Slump Erases Trillions In Value

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Sep 8, 2020 · The seven biggest U.S. tech stocks have lost nearly $1 trillion in value over the past three days, pulling the Nasdaq Composite into correction territory amid a global market retreat.

thestreet.com

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Raging Nasdaq Selloff Nears $1 Trillion Weekly Loss - Yahoo Finance

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May 13, 2022 · 1. $982 Billion Wipeout The week’s rout has erased almost $982 billion from the Nasdaq 100’s market valuation, as of its Thursday close, with Big Tech making up a large …

yahoo.com

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$1 Trillion Wipeout: Market Rout Punishes Mega-cap Tech

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Aug 5, 2024 · The seven most valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday. Traders work on the floor of the New York Stock …

techinvestornews.io

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Tech Selloff Has Erased $1.1 Trillion Of ‘Magnificent ... - MarketWatch

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The seven Big Tech companies have shed a collective $1.11 trillion over the past five trading sessions, according to Dow Jones Market Data, taking into account today’s intraday action.

marketwatch.com

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$1.05 Trillion Plunge Hits Wall Street As Tech Companies Suffer

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Jul 25, 2024 · The S&P 500 and Nasdaq were both pommeled on Wednesday (US time). The tech-heavy Nasdaq slid 3.7 per cent while the S&P 500 slumped 2.3 per cent, its worst result …

news.com.au

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U.S. Stock Market Wipes $1.1 Trillion In A Day; Crash Incoming?

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Jul 25, 2024 · In what seems like a record trading session on July 24, the U.S. stock market lost $1.1 trillion in value as the sell-off in large-cap stocks continued, with the members of …

finbold.com

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$1 Trillion Wipeout: Market Rout Punishes Mega-cap Tech

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$1 trillion wipeout: Market rout punishes mega-cap tech . The seven most valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday. - The …

ivar-ai.com

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$1 Trillion Wipeout On Nasdaq Begins To Moderate - Inkl

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Jan 6, 2022 · Tech stocks were starting to climb out of their foxhole Thursday after surviving a two-day pounding that shook some of the biggest names on the Nasdaq. Nearly $1 trillion in …

inkl.com

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$1.3 Trillion Rotation Leaves Gap For New Market Leadership

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Jul 22, 2024 · The recent rotation out of Big Tech has been something to behold. Over the past seven trading sessions, the Magnificent Seven has fallen nearly 8% overall and bled out some …

thestreet.com

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3 Stocks Most Likely To Join The $1 Trillion Market Cap Club

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Jun 11, 2024 · Here are three companies that are strong contenders to enter the $1 trillion market cap club. Contender #1: Visa Visa (V) , valued at $509.6 billion, is a leading player in the …

nasdaq.com

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$1 Trillion Wipeout On Nasdaq Begins To Moderate : …

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Business, Economics, and Finance. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. Crypto

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FAQs about $1 trillion wipeout: Market rout punishes megacap tech Coupon?

How much has big tech erased from the NASDAQ 100's valuation?

The week’s rout has erased almost $982 billion from the Nasdaq 100’s market valuation, as of its Thursday close, with Big Tech making up a large chunk of that hole. Microsoft Corp. erased about $120 billion in value, a decline that pushed its capitalization below $2 trillion. ...

Which tech companies lost $1 trillion in market value?

The seven most-valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday. The tech-heavy Nasdaq was down more than 3% following the index’s steepest three-week slide in two years. Nvidia fell about 6% and Apple was down more than 4%. ...

What happened to the S&P 500 & NASDAQ?

The S&P 500 and Nasdaq were both pommeled on Wednesday (US time). The tech-heavy Nasdaq slid 3.7 per cent while the S&P 500 slumped 2.3 per cent, its worst result since 2022. Worldwide, stock markets tumbled following a batch of disappointing corporate results in the United States and Europe. ...

How much did Apple lose at the close of the stock market?

Apple ended down 4.8%, or $162 billion in market cap. Amazon dropped 4.1% at the close, or $72 billion. Add all that to steep declines in Meta, Microsoft, Alphabet and Tesla, and the seven most-valuable tech companies lost $995 billion in the early moments of trading. ...

Did tech investors thump the S&P 500 & NASDAQ?

Tech investors have been brought back to reality with a thump. The S&P 500 and Nasdaq were both pommeled on Wednesday (US time). The tech-heavy Nasdaq slid 3.7 per cent while the S&P 500 slumped 2.3 per cent, its worst result since 2022. ...

What happened to the NASDAQ in 2024?

The tech-heavy Nasdaq was down more than 3% following the index’s steepest three-week slide in two years. Nvidia fell about 6% and Apple was down more than 4%. Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024. ...