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Big Tech’s Disappointing Earnings Erase $200 Billion in Value

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Oct. 26, 2023, 9:11 a.m. | Subrat Patnaik

Bloomberg Technology bloomberg.com

The so-called Magnificent Seven technology companies that have powered this year’s US stock rally are posting disappointing earnings, wiping $200 billion off their market value and threatening to push the S&P 500 into a correction.

amp big big tech called companies earnings market rally stock tech technology value wiping

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