Wall Street Journal (April 28)
2025/ 04/ 29 by jd in Global News
“The Magnificent Seven drove the stock market’s bull run. Now, their bruising losses pose a new test for markets.” Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla “helped fuel a gangbusters rally that lifted stocks out of the 2022 bear market and toward dozens of all-time highs,” with their shares reaching “eye-popping levels.” Now, however, “the Magnificent Seven are off to their worst start to a year since the 2022 slide,” with each stock falling over 6.5%, collectively destroying “$2.5 trillion in market value.”
Tags: $2.5 trillion, 2022, Alphabet, Amazon, Apple, Bear market, Bruising, Bull run, Eye-popping, Gangbusters, Losses, Magnificent Seven, Meta, Microsoft, Nvidia, Rally, Stock market, Tesla, Value
