Stock Market Crash Today: 7 Major Tech Companies Lose Over USD 1 Trillion in Market Capitalisation, NVIDIA and Apple Lead
Amid the ongoing stock market crash today, seven major tech giants have lost more than USD 1 trillion in market cap. NVIDIA, Apple and Google suffered the most.
Seven major tech companies have lost around USD 1 trillion in market capitalisation today due to the stock market crash. The tech giants include NVIDIA, Apple, Google, Microsoft, Meta, Tesla and Amazon. NVIDIA is down by the highest, at USD 325 billion, compared to the other companies. The second-most affected company is Apple, which is down by USD 300 billion. Companies like Google and Amazon have lost USD 200 billion and USD 135 billion, respectively. Microsoft is down by USD 125 billion, while Meta suffered a loss of USD 80 billion. The least affected company out of all these was Tesla which still suffered 60 billion loss. After the Japan Market Crash, various companies are suffering the consequences amid the fear among investors, and it is expected that the US will have a recession soon. The crypto market also saw the effect, with USD 1 billion liquidated within 24 hours amid fear and Bitcoin value down under USD 50,000. Cryptocurrency Crash: Over USD 1 Billion Liquidated From Crypto Market in Past 24 Hours Amid Ongoing Global Financial Crisis.
Seven Major Tech Giants Lose Over USD 1 Trillion Market Capitalisation
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)