Technology Stocks Today:
1. MicroStrategy, $MSTR: -14%
2. Tesla, $TSLA: -8%
3. Palantir, $PLTR: -7%
4. Alphabet, $GOOGL: -5%
5. Broadcom, $AVGO: -5%
6. Meta, $META: -4%
7. Nvidia, $NVDA: -4%
8. Amazon, $AMZN: -3%
9. Netflix, $NFLX: -3%
10. Microsoft, $MSFT: -2%
Magnificent 7 stocks have now erased over $3 TRILLION in market cap from their recent all time highs.
Sentiment has shifted from Extreme Greed to Extreme Fear.
Big tech IS the stock market.