{"id":1018152,"date":"2026-07-01T11:02:44","date_gmt":"2026-07-01T05:32:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1018152"},"modified":"2026-07-01T11:02:44","modified_gmt":"2026-07-01T05:32:44","slug":"as-2-3-trillion-wiped-out-from-microsoft-nvidia-alphabet-apple-meta-tesla-and-amazon-tesla-bull-dan-ives-says-in-the-meantime","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/01\/as-2-3-trillion-wiped-out-from-microsoft-nvidia-alphabet-apple-meta-tesla-and-amazon-tesla-bull-dan-ives-says-in-the-meantime\/","title":{"rendered":"As $2.3 trillion wiped out from Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and Amazon; Tesla Bull Dan Ives says: In the meantime &#8230;"},"content":{"rendered":"<p>Tech\u2019s elite \u201cMagnificent 7\u201d \u2013 which tracks Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and Amazon \u2013 has got a reality check after a staggering $2.3 trillion in market value was erased from the group\u2019s stocks this month, a report has said, adding that the index plunged 10% in June. According to a report by CNBC, the losses have been uneven across the board, with some tech giants taking harder hits than others. For example, while Microsoft was down 20% this month, Nvidia fell by roughly 13%. Apple and Amazon were down about 8% each.<\/p>\n<p>The sell-off comes as tech giants pour hundreds of billions of dollars into high-end microchips and data centres to fuel their AI products, with a notable portion of this spending funded by debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech\u2019s elite \u201cMagnificent 7\u201d \u2013 which tracks Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and Amazon \u2013 has got a reality check after a staggering $2.3 trillion in market value was erased from the group\u2019s stocks this month, a report has said, adding that the index plunged 10% in June. According to a report by CNBC, the losses have been uneven across the board, with some tech giants taking harder hits than others. For example, while Microsoft was down 20% this month, Nvidia fell by roughly 13%. Apple and Amazon were down about 8% each. The sell-off comes as tech giants [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-1018152","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1018152"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018152\/revisions"}],"predecessor-version":[{"id":1018153,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018152\/revisions\/1018153"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1018152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1018152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1018152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}