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Megacap Tech lost 1.8 trillion in 2 days

Elon Musk, CEO of SpaceX, visited on March 24, 2025 at a cabinet seat by US President Donald Trump in the White House.

Win McNamee | Getty pictures

Nobody becomes tougher than technology megakaps because the markets hit the sale mode.

As soon as the group known as a Magnificent Seven has operated the market to new highs, it has undergone a serious settlement in the last two trading sessions and put a combined market value of 1.8 trillion dollars. Apple has switched on the most and has reduced more than 533 billion US dollars in market capitalization.

The aggressive tariff plan of President Donald Trump sent shock waves worldwide on Wednesday, which was the widespread panic and fear of a global trade war that entered the economy into a recession.

Many stocks are sold at a speed Nasdaq The worst week since March 2020. The Nasdaq dipped on Thursday and the “great seven” group group has broken down a combined market value of more than 1 trillion US dollar. The losses on Friday.

Tesla was the biggest loser in the seven name group with percent and fell by more than 10%during the session on Friday. The company shaved more than $ 89 in market capitalization and brought its two-day record to more than $ 139 billion. Nvidia has lost 393 billion US dollars in the last two trading sessions.

Apple was the most important decliner according to the market value of the group. The iPhone manufacturer is under pressure because new tariffs aim to some of his secondary places of manufacturing outside of China and have recorded the worst one-day decline on Thursday for five years.

In the last two trading sessions the market value of Meta fell by more than 200 billion US dollars Amazon 265 billion US dollars dropped. The e-commerce company lost its ninth week in a row on Friday, the worst route since 2008. alphabet And Microsoft Find out the smallest percentage losses for the week for the week in the past two days, but still more than 139 billion US dollars or $ 165 billion.

Megakaps are not the only companies that feel the pain. The names in the entire technology sector were on a downward spiral. oracle Almost 9% sagged this week Applovine And Palantir technologies Tank more than 19% or 13%. Salesforce decreased almost 11%.

Half ladder shares that were dependent on production outside the United States fell for a second session on Friday. While the sector was excluded from the latest tariffs, new taxes are in the works. The fears have also found that widespread tariffs could eat away on request.

The Vaneck Semiconductor ETF tracking of the sector dipped around 15% this week. Marvell technology and apple supplier Qorvo Everyone lost about a fifth of their value. Extended micro devices fell by almost 17% Intel And Broadcom sank more than 12%. Micron technology On Friday, around 13% fell back, and the memory chipmacher lost more than a quarter of its value this week.

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(Tagstotranslate) Economy

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