Market Cap Erased Since All Time High:
1. Apple, $AAPL: $400 billion
2. Nvidia, $NVDA: $330 billion
3. Tesla, $TSLA: $310 billion
4. Microsoft, $MSFT: $250 billion
5. Meta, $META: $220 billion
6. Amazon, $AMZN: $190 billion
7. Google, $GOOGL: $70 billion
Combined, the Magnificent 7 stocks have erased $1.8 TRILLION in market cap since their recent all time highs.
To put this in perspective, the Magnificent 7 have erased most value from their all time highs than the entire value of the South Korean stock market.
They've also erased the same value as ~60% of France's stock market. Is the party over for big tech?
https://x.com/KobeissiLetter/status/1783544509067874569
- Forums
- ASX - General
- Its Over
Market Cap Erased Since All Time High: 1. Apple, $AAPL: $400...
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