World's 10 Richest People Lose $27 Billion As Tech Stocks Sink

  • 📰 Forbes
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

History suggests the federal debt rating downgrade won’t impact stocks for long, as stocks continued their upward trajectory after a brief blip in the aftermath of the S&P’s similar decision 12 years ago.

investors out of riskier assets, causing the fortunes of numerous ultra-rich tech billionaires to take a major hit.Getty ImagesThe Nasdaq Composite tanked 2.3% by 3:40 p.m. ET, its worst day since February 21; the higher-growth grouping faltered as concerns about the U.S.’ macro conditions mounted.

Driving the losses were the seven mega-cap tech stocks which largely contributed to the market’s blockbuster gains throughout 2023, as Apple , Microsoft , Alphabet , Amazon , Nvidia , Meta and Tesla each fell. Thanks to the slide, the 10 richest people on the planet lost $26.7 billion collectively, with each top-10 magnate in the red on the day, according toTesla CEO Elon Musk, the world’s richest man, became nearly $5 billion poorer, suffering the biggest hit to his fortune of anyone Wednesday.

Amazon founder Jeff Bezos, Meta CEO Mark Zuckerberg, Alphabet cofounders Larry Page and Sergey Brin and Oracle chairman Larry Ellison also grew billions of dollars less wealthy Wednesday but still rank among the 10 richest people on the planet.its rating for some of the U.S.’s long-term debt offerings from AAA to AA+, one of the only such debt rating revisions in recent history.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 394. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

World's 10 Richest People Lose $27 Billion As Tech Stocks SinkHistory suggests the federal debt rating downgrade won’t impact stocks for long, as stocks continued their upward trajectory after a brief blip in the aftermath of the S&P’s similar decision 12 years ago.
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »