Magnificent Seven Stocks Lose $2.3 Trillion in June

The 'Magnificent Seven' technology stocks collectively shed $2.3 trillion in value during June, indicating a significant shift in Wall Street's tech sector. This decline reflects a rotation in investment strategies.

30 Jun, 04:00 — 30 Jun, 04:00

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FTVery High10d ago

Magnificent Seven stocks shed $2.3tn in Wall Street tech rotation

Investors switch to soaring chipmakers benefiting from hyperscalers’ vast AI spending

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First report: FT · 30 Jun, 04:00|Full coverage: 2 · 9h|Window: 9h

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FT30 Jun, 04:00First to report

Magnificent Seven stocks shed $2.3tn in Wall Street tech rotation

9h later

Yahoo30 Jun, 12:57Latest update

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Magnificent Seven Stocks Lose $2.3 Trillion in June

Sources

Magnificent Seven stocks shed $2.3tn in Wall Street tech rotation

Coverage Timeline

Magnificent Seven stocks shed $2.3tn in Wall Street tech rotation

Magnificent Seven Value Drops $2.3 Trillion In June

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