Tech megacaps lose $770 billion in value as Nasdaq suffers steepest drop since April

cnbc.com/2025/10/10/tech-megacaps-market-cap-mag-7.html

Shares of Amazon, Nvidia and Tesla each dropped around 5% on Friday, as tech's megacaps lost $770 billion in market cap, following President Donald Trump's threats for increased tariffs on Chinese goods.
With tech's trillion-dollar companies occupying an increasingly large slice of the…

This story appeared on cnbc.com, 2025-10-10 21:15:28.
The Entire Business World on a Single Page. Free to Use →