Magnificent 7 market-cap wipeout

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062026-11Tech stocks plunge Thursday: Magnificent 7 shed about $1 trillion in market capUS stocks saw a massive sell-off Thursday, with tech shares hit hardest. CNBC reported that the Magnificent 7 lost a combined market value of about $1 trillion; separate social-media chatter put the broader US market's losses at $2.5 trillion, while Tesla and SpaceX together lost more than $420 billion. The drop is widely attributed to worries that AI valuations are too high, and the question now is whether the tech pullback continues.CNBC Technology、Hacker News