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Nvidia shares tank as 'Magnificent 7' stocks lose more than $700 billion in market cap

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Magnificent Seven,Chip Stocks

Nvidia led the Magnificent 7 stocks lower Monday as the group suffered $714 billion market valuation wipeout.

) shares fell more than 6% on Monday as the "Magnificent Seven" stocks suffered a $714 billion valuation wipeout during

The Mag Seven index fell the most since July 24. Together, the group of stocks make up more than 40% of the Nasdaq 100 — A judge on Monday ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world's best-known companies.

While individual investors own 23% of Resimac Group Limited , private companies are its largest shareholders with 58% ownershipNEW YORK — Markets on Wall Street and around the world are in a mini-panic. Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world’s biggest technology companies. They’ve turned a relatively calm year in markets on its head.

NEW YORK — A scary Monday that started with a plunge abroad reminiscent of 1987 ’s crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy.BUFFALO, N.Y. — A small tornado took Buffalo by surprise Monday, damaging buildings, flipping cars and sending debris swirling over downtown.ST. JOSEPH, Mo.

Water has begun to overflow over a landslide blocking the Chilcotin River near Farwell Canyon, British Columbia officials said, issuing an emergency alert on Monday for people along the banks of the river to evacuate immediately. Officials cautioned people to stay off the Chilcotin and Fraser rivers and away from river banks due to the risk of fast-moving water and debris.

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