Tech titans erase more than $1 trillion in market sell-off

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Tech titans erase more than $1 trillion in market sell-off
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The so-called 'MAGA' stocks, or Microsoft, Apple, Amazon and Google-parent have lost more than $1 trillion since the market rout began.

Amid the broader market sell-off, the four tech titans have erased $1.3 trillion in value since their February all-time closing highs.

Over the last month, Amazon is the relative outperformer, falling just 20.8%. Apple is down 25.4%, while Microsoft has shed 26.9%. Alphabet has lagged its peers, dropping 29.3%. All four stocks are currently in bear market territory.

 

Let’s pick it up tomorrow

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