StocksMedium•6 November 2026•
1 min read
Magnificent 7 Tech Giants Lose $1.13 Trillion in Market Value in Single Day
Key Facts
1The Magnificent 7 technology companies lost approximately $1.13 trillion in market value on Thursday.
The Magnificent 7 technology companies lost approximately $1.13 trillion in market value on Thursday, November 5, 2026. Sada Elbalad English reported that the sell-off was driven by investor anxiety over high AI infrastructure costs and shifting political and regulatory landscapes.
Major tech stocks declined across the board, with Nvidia shares dropping 6.89% to $186.34 and Meta Platforms falling 3.37% to close at $606.50 on November 5, 2026. Microsoft, Amazon, and Alphabet also saw losses, with Microsoft closing at $543.80 and Amazon at $259.69 on the same date.