Tech’s $750 bn meltdown: Apple, Tesla, Meta face record market bloodbath

The seven largest US technology firms — Apple, Microsoft, Tesla, Nvidia, Google parent Alphabet, Amazon, and Meta — collectively known as the ‘magnificent seven’, faced a staggering decline in market value on Monday. These industry leaders, recognised for their technological influence and market dominance, lost more than $750 billion as Wall Street suffered a sharp downturn, according to a report by The Times of India.