In a shocking market meltdown, Apple Inc. lost a staggering $174 billion in market value in just one day, as part of a massive sell-off that wiped out approximately $750 billion from America’s seven biggest technology companies on what is now being referred to as ‘Manic Monday’.
The tech-heavy sell-off sent shockwaves across global markets, highlighting increasing investor concerns about high valuations, economic uncertainty, and tightening regulations. Alongside Apple, major tech players such as Microsoft, Google (Alphabet), Nvidia, Amazon, Meta, and Tesla also faced sharp declines in their market capitalization.
According to data, the collective loss amounted to one of the worst single-day plunges in recent times for the technology sector. Here’s a closer look at how much each company lost on this volatile trading day:
- Apple: $174 billion
- Microsoft: Over $100 billion
- Alphabet (Google): Approximately $96 billion
- Nvidia: Around $78 billion
- Amazon: Close to $60 billion
- Meta Platforms (Facebook parent): Around $50 billion
- Tesla: Over $40 billion
This significant drop in valuations has raised concerns over whether the tech sector, which had seen phenomenal growth over the past few years, is entering a correction phase. Market analysts suggest that investors are now responding more cautiously due to rising interest rates, inflation fears, and global economic headwinds.
Moreover, regulatory pressures—especially from U.S. and European authorities—on Big Tech companies over issues like antitrust, data privacy, and artificial intelligence ethics have also added to market jitters.
Despite this setback, experts believe that these leading technology firms continue to possess strong fundamentals, healthy balance sheets, and innovation-driven growth prospects, which could help them recover in the long term. However, short-term volatility may persist as markets adjust to changing global dynamics.
For now, ‘Manic Monday’ serves as a stark reminder of the unpredictable nature of financial markets—even for the most powerful and seemingly invincible companies in the world.
