Today is a terrible day for markets all over the world. So much so that there were major declines in many areas, from Borsa Istanbul to cryptocurrencies. Except for those The US stock market also suffered a severe decline faced, billions of dollars were lost. Situations such as tensions in the Middle East and concerns about a recession in the US were the main reasons for this decline.

Of course, the downturn in the US also affected the world’s largest technology companies.”The beautiful sevencalled ” From Apple, Alphabet (Google), Amazon, NVIDIA, Microsoft, Tesla and Meta Shares of these giants fell significantly.

The value of tech giants fell by about $1 trillion

Shares of Apple, the world’s most valuable company, opened down 8% today. Microsoft fell 8%, NVIDIA 14%, Alphabet 6%, Amazon 8%, Meta 7% and Tesla up to 11%. Even though stocks of these seven recovered a bit later, they are still in the red.

After this decline, technology giants Loss of value of almost 1 trillion dollars lived. For example, Apple and Amazon $224 billion to $109 billion lost value. The biggest loss was at NVIDIA, the emerging company of recent times. So the market value of the company Over 300 billion dollars fell.

Of course, they recovered a bit after the subsequent increases. Apple is in first place with a share price of $208 and a market capitalization of $3.16 trillion at the time of writing this news. It is followed by Microsoft with a share price of $395 and a market capitalization of $2.94 trillion, and NVIDIA with a share price of $98.99 and a market capitalization of $2.43 trillion.

The drop was recorded as the biggest drop tech giants have experienced since March 2020, which coincided with the COVID period. We wait to see what happens in the coming period.