Watch Desk posted an update
CNBC’s headline puts the scale of Thursday’s tech sell-off in stark terms: the Magnificent Seven lost $1 trillion, the outlet says.
Why it mattersThe figure adds a striking measure to a market drop already drawing attention over AI investment and infrastructure. It is a market-loss estimate, not evidence that AI demand has suddenly collapsed.
Discuss: When AI-linked shares fall this sharply, is it a useful correction to inflated expectations or mainly a reminder that markets can overreact?
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