Handelsblatt1 hour agoBusiness1 min readGermany

Tech stocks: “The era of the ‘Magnificent Seven’ seems to be over” – $700 billion in stock market value destroyed

Nasdaq 100 is once again losing significant value after disappointing quarterly figures.

Quick Look

The sell-off of tech stocks on US stock exchanges has continued.
After losses the day before, the Nasdaq 100 fell a further 3.5 percent on Friday, triggered by disappointing quarterly figures from large technology companies.

AI-generated summary

Why It Matters

Disappointing quarterly figures from large tech companies are weighing on US stock markets and leading to significant price corrections.

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Dusseldorf. The sell-off in tech stocks in the US continued on Friday. The Nasdaq 100 technology index lost 3.5 percent after falling 1.4 percent on Thursday.

At the center of the course correction are the large tech companies, which disappointed investors with their quarterly figures. Experts speak of a new era on the stock market.

Open Questions

How long does the sale last?
Which specific companies disappointed the most?

Tech stocks: “The era of the ‘Magnificent Seven’ seems to be over” – $700 billion in stock market value destroyed

Nasdaq 100 is once again losing significant value after disappointing quarterly figures.

Quick Look

The sell-off of tech stocks on US stock exchanges has continued.
After losses the day before, the Nasdaq 100 fell a further 3.5 percent on Friday, triggered by disappointing quarterly figures from large technology companies.

AI-generated summary

Why It Matters

Disappointing quarterly figures from large tech companies are weighing on US stock markets and leading to significant price corrections.

Font size

Dusseldorf. The sell-off in tech stocks in the US continued on Friday. The Nasdaq 100 technology index lost 3.5 percent after falling 1.4 percent on Thursday.

At the center of the course correction are the large tech companies, which disappointed investors with their quarterly figures. Experts speak of a new era on the stock market.

Open Questions

How long does the sale last?
Which specific companies disappointed the most?

Tech stocks: “The era of the ‘Magnificent Seven’ seems to be over” – $700 billion in stock market value destroyed

Quick Look

Why It Matters

Open Questions

Related Topics

Tech stocks: “The era of the ‘Magnificent Seven’ seems to be over” – $700 billion in stock market value destroyed

Quick Look

Why It Matters

Open Questions

Related Topics

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