When Big Tech Facebook, Google and Tesla lost over $200 billion in a week
When Big Tech Facebook, Google and Tesla lost over $200 billion in a week
The seven technology companies known as the Magnificent Seven, which include Alphabet, Amazon, Apple, Facebook Meta, Microsoft, Nvidia, and Tesla, have experienced a decline in their stock market performance. Disappointing earnings have resulted in a loss of nearly $200 billion in market value for these companies. Google's parent company, Alphabet, saw its share price fall by over 9%. However, Microsoft is an exception, as it reported positive results. Despite these setbacks, the tech-heavy Nasdaq 100 Index remains up 31% for the year.
The seven technology companies known as the Magnificent Seven, which include Alphabet, Amazon, Apple, Facebook Meta, Microsoft, Nvidia, and Tesla, have experienced a decline in their stock market performance. Disappointing earnings have resulted in a loss of nearly $200 billion in market value for these companies. Google's parent company, Alphabet, saw its share price fall by over 9%. However, Microsoft is an exception, as it reported positive results. Despite these setbacks, the tech-heavy Nasdaq 100 Index remains up 31% for the year.
We use cookies to improve your experience on our site and to show you relevant advertising. To find out more, read our updated privacy policy and cookie policy
Through RSS Feeds 
The seven technology companies known as the Magnificent Seven, which include Alphabet, Amazon, Apple, Facebook Meta, Microsoft, Nvidia, and Tesla, have experienced a decline in their stock market performance. Disappointing earnings have resulted in a loss of nearly $200 billion in market value for these companies. Google's parent company, Alphabet, saw its share price fall by over 9%. However, Microsoft is an exception, as it reported positive results. Despite these setbacks, the tech-heavy Nasdaq 100 Index remains up 31% for the year. 
