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posted ago by madmax2 ago by madmax2 +21 / -0

Markets: Big Tech suffered big losses yesterday after Tesla and Alphabet posted disappointing quarterly results the day before. The Magnificent Seven tech stocks lost a combined $750 billion in market cap for their worst day ever, while the S&P 500 and the Nasdaq had their worst days since 2022—with the S&P ending its longest streak without a 2% dip since the financial crisis began in 2007, per Bloomberg.