The CEO of SpaceX, Elon Musk, participates in the meeting of the office, which took place, which took place US President Donald Trump in the White House on March 24, 2025.
Win McNamee Getty images
Nobody is stronger than Megacaps technology because the markets have achieved sales mode.
After powering the market to new ups, the group known as Magnificent Seven underwent serious counting over the past two trade sessions, dropping a total of USD 1.8 trillion of market value. Apple is the most, shaken in market capitalization of over $ 533 billion.
President Donald Trump Aggressive tariff plan implemented Wednesday He sent shock waves around the worldHe drives widespread panic and fears of a global trade war that will push the economy into a recession.
Many shares have been sold at a pace that has not been seen since the Covid attack, with heavy technology Nasdaq suffers for the worst week from March 2020. Nasdaq he was plunged on Thursday, and the group of “wonderful seven” shed more than 1 trillion USD in the total market value. Losses mounted on Friday.
Tesla He was the biggest loser of the seven names of the group on a percentage, falling by over 10% during the Friday session. The company shaved over USD 89 in market capitalization, which gives two -day results to over $ 139 billion. Nvidia Over the past two commercial sessions, a total of $ 393 billion has lost.
Apple He was the most important declarator at the market value of the group. The iPhone manufacturer is under pressure because the new tariffs are directed to some of them Secondary production locations Apart from China and I recorded The worst one -day decline In five years on Thursday.
In the last two trade sessions, market value Finish fell by over $ 200 billion, a Amazon He fell by $ 265 billion. E-commerce registered the ninth week of losing a row on Friday, worst of 2008. Alphabet AND Microsoft It experienced the smallest percentage losses during the week, but they still dropped over $ 139 billion and 165 billion dollars in the last two days, respectively.
Megacaps are not the only pains that feel pain. The names in the technology sector were down. Oracle fell almost 9% this week, a Applovin AND Palantir Technologies Tanks, respectively, over 19% and 13%. Salesforce fell by almost 11%.
Semiconductor supplies Relying in production outside the US, it fell on the second session on Friday. While the sector has been excluded from the last round of tariffs, there are new fees in work. They are also afraid that common tariffs can eat on demand.
. Vaneck Semiconductor ETF tracking the sector dropped by about 15%this week. Marvell technology and Apple supplier Qorvo Everyone lost about one fifth of their value. Advanced micro devices fell by almost 17%, a Intel AND Broadcom sank over 12%. Microne technology About 13%fell on Friday, and the memory chip producer lost over a quarter of his value this week.
