The Financial Jolt: Market Titans Falter Amid Economic Whirlwinds
The “Magnificent Seven” tech giants, including Nvidia, Tesla, and Alphabet, are experiencing significant market declines exceeding 2%. The Nasdaq Composite has entered correction territory, falling 10% from its peak, with the S&P 500 nearing substantial downturn risks. Nvidia’s market value has dropped by $1 trillion, highlighting the volatility of the AI boom’s impact in 2023. … Read more