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“Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia”

“High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell as much as 12.2% in premarket trading. The losses in the Magnificent Seven stocks were set to wipe out nearly $1 trillion from the combined market value of the companies…

Over the weekend, Warren Buffett’s Berkshire Hathaway said it had halved its stake in Apple – the conglomerate’s top holding – in a stock-selling spree that raised worries about the outlook for the tech industry…”

https://www.msn.com/en-gb/money/other/magnificent-seven-set-to-shed-1-trillion-in-value-led-by-apple-nvidia/ar-AA1og2MG

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