📈 Stocks & Economy🇮🇳 India
Magnificent 7 Shed $2 Trillion in June — Indian Tech Investors Should Pay Attention
CNBC·Thursday, 2 July 2026
The seven biggest US tech stocks — Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla, and Amazon — collectively lost roughly $2 trillion in market value during June 2026, pushing the group into negative territory for the year. This marks a sharp reversal for stocks that had been driving global market gains. The decline has rattled investor confidence in the AI-driven rally that dominated markets earlier this year.
Why It Matters
Indian mutual funds and index funds with global exposure hold significant positions in these seven companies, so a $2 trillion wipeout directly hits the portfolios of many Indian investors.
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