SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY FLASH L impact

Mag 7 Stocks Lose $1 Trillion in Tech Bloodbath — WSJ

By Vicky Ge HuangThe Magnificent Seven group of stocks is on course to lose more than $1 trillion of market value as the Nasdaq tumbles into correction territory.Mag 7 stocks are collectively down $1.1 trillion in market cap today, on pace for their largest one-day market cap decline since April 20…

IXIC
SquawkNews Desk

Related stories

Cisco Systems Expected to Report Earnings of $1.33 a Share M impact | EQUITY | Nov 10, 2026, 10:41 PM UTC CoreWeave Executive Says Capacity Is Largely Sold Out Through 2027 The executive also said infrastructure offered for 2028 has been sold. M impact | EQUITY | Nov 10, 2026, 10:39 PM UTC CoreWeave Executive Says Over 50% of Backlog Tied to Contract A CoreWeave executive said more than 50% of revenue backlog is attached to a contract where the company expects customer delivery to commence by year-end. M impact | EQUITY | Nov 10, 2026, 10:38 PM UTC OpenAI Acquires AI Travel Startup Odessia OpenAI acquired Odessia, a startup developing AI for travel booking. Odessia founder Francis Davidson said he would join OpenAI. M impact | EQUITY | Nov 10, 2026, 10:36 PM UTC DATA Communications Management Reports Q3 2026 Results M impact | EQUITY | Nov 10, 2026, 10:35 PM UTC CoreWeave Executive Says Business Is Not Focused on Growth at All Costs A CoreWeave executive said the current environment is very profitable for companies with demand for differentiated technology that can execute. M impact | EQUITY | Nov 10, 2026, 10:34 PM UTC