‘Magnificent 7’ stocks erase $797 billion in market value in worst day since April 2025
The “Magnificent Seven” group of stocks suffered its steepest one-day decline since the tariff-driven market sell-off in April 2025. The group of megacap stocks that features Microsoft (MSFT), Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGLE), Nvidia (NVDA), Tesla (TSLA), and Goal (GOAL) misplaced roughly $797 billion in market value, in line with Bloomberg. Alphabet (GOOG,…