Big tech companies like Apple, Google, and Amazon, sometimes called the 'Magnificent Seven,' aren't doing so well lately. Their stock prices are going down, and investors are worried. This isn't directly about cryptocurrency, but it shows how the stock market can affect things.
- Some of the biggest tech companies' stocks are falling.
- Investors are concerned about how much these companies are spending on new technology.
- These companies are also seen as expensive compared to other companies.
| Company | Stock Performance |
|---|---|
| Tesla | Down 17% |
| Average of Magnificent Seven | Down 3% |
| Amazon | Up 5.2% |
| Meta | Up (double digits) |
