{"id":2911,"date":"2026-03-28T13:06:54","date_gmt":"2026-03-28T13:06:54","guid":{"rendered":"https:\/\/blog.cedritech.com\/?p=2911"},"modified":"2026-03-28T13:17:17","modified_gmt":"2026-03-28T13:17:17","slug":"magnificent-7-stocks-wipe-more-than-850-billion-in-value-as-stock-market-sell-off-hits-ai-winners-hard","status":"publish","type":"post","link":"https:\/\/blog.cedritech.com\/?p=2911","title":{"rendered":"&#8216;Magnificent 7&#8217; stocks wipe more than $850 billion in value as stock market sell-off hits AI winners hard"},"content":{"rendered":"<p class=\"mb-4 text-lg md:leading-8 break-words\">Big Tech stocks were hammered this past week amid growing fears that rising inflation will keep interest rates higher for longer, while company-specific headwinds also weighed on the sector.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Collectively, the &#8220;Magnificent Seven&#8221; megacap stocks erased more than $850 billion in market value over the past week.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Meta (META) posted its worst week since October 2025, down more than 11% as Wall Street\u00a0continued to grapple\u00a0with the company\u2019s loss in a landmark social media lawsuit earlier this week.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">A jury found Meta and YouTube parent Google (GOOG,\u00a0GOOGL) negligent for failing to protect young users on their platforms. Alphabet closed out the week down nearly 9%.<\/p>\n<div class=\"mb-4\">\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-1\" class=\"\" title=\"X Post\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=YahooFinance&amp;dnt=true&amp;embedId=twitter-widget-1&amp;features=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%3D%3D&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=2037626340568875114&amp;lang=en&amp;origin=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Fmagnificent-7-stocks-wipe-more-than-850-billion-in-value-as-stock-market-sell-off-hits-ai-winners-hard-213921360.html&amp;sessionId=8ef529668843c299c4944e25a5937a9c05652a79&amp;siteScreenName=YahooFinance&amp;theme=light&amp;widgetsVersion=2615f7e52b7e0%3A1702314776716&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"2037626340568875114\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Microsoft (MSFT) ended the week 6.5% lower and is on track for its\u00a0worst quarter since 2008\u00a0as software stocks have been particularly hard-hit.<\/p>\n<div class=\"mb-4\"><\/div>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Nvidia (NVDA) and Amazon (AMZN) fell roughly 3% for the week, while Tesla (TSLA) dropped nearly 2% over the five-day span.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Semiconductor stocks rebounded on Friday, but Sandisk (SNDK) and Micron Technology (MU) still ended the week in the red after sharp losses on Thursday.<\/p>\n<div class=\"max-md:faux-bleed mb-4 bg-marshmallow pb-5 dark:bg-ramones md:invisible md:mb-0 md:h-0 md:overflow-hidden md:pb-0\">\n<div class=\"py-2 text-center text-xs uppercase\"><\/div>\n<div class=\"flex w-full flex-nowrap justify-center\"><\/div>\n<\/div>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The sell-off followed Alphabet Inc.\u2019s release of new research outlining an algorithm designed to reduce AI memory usage, a development that rattled memory and broader semiconductor stocks.<\/p>\n<figure class=\"relative mb-4\">\n<div class=\"relative\"><img loading=\"lazy\" decoding=\"async\" class=\"rounded-lg\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qfx3xqBQuP8ighM9ZmBh1A--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUwNjtjZj13ZWJw\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2026-03\/6c4c56c0-2a18-11f1-bdff-1b76253a40ee\" alt=\"Nasdaq 100 chart on Friday, March 27\" width=\"960\" height=\"506\" data-nimg=\"1\" \/><button class=\"group absolute bottom-0 size-full\" aria-label=\"View larger image\" data-ylk=\"elm:expand;itc:1;sec:image-lightbox;slk:lightbox-open;\" data-rapid_p=\"82\" data-v9y=\"1\"><\/button><\/div><figcaption class=\"relative text-sm mt-1 pr-2.5\">\n<div>Nasdaq 100 chart on Friday, March 27<\/div>\n<\/figcaption><\/figure>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Growth stocks were hit this week as bond yields rose amid expectations of higher inflation from surging oil prices, with investors anticipating the Federal Reserve\u00a0will not be able to cut rates this year, as previously expected.<\/p>\n<div class=\"mb-4\">\n<div id=\"recirc-226a2ec0-e178-4717-8aa9-a6ce0e04bd62\" class=\"mb-4\">\n<div class=\"grid gap-4 lg:grid-cols-2 lg:grid-rows-[auto_auto_1fr]\">\n<div class=\"relative w-full\">\n<div id=\"_r_10t_\" class=\"absolute inset-0 rounded-[4px] focus-within:ring-2 focus-within:ring-blue-700\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The only Magnificent Seven stock to end the week slightly higher was Apple (AAPL),\u00a0following a report this week that it\u00a0plans to open its Siri voice assistant to rival\u00a0artificial intelligence\u00a0services beyond its current partnership with OpenAI&#8217;s (OPAI.PVT) ChatGPT.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><em>Daniel Howley contributed reporting.<\/em><\/p>\n<div class=\"max-md:faux-bleed mb-4 bg-marshmallow pb-5 dark:bg-ramones md:invisible md:mb-0 md:h-0 md:overflow-hidden md:pb-0\">\n<div class=\"py-2 text-center text-xs uppercase\"><\/div>\n<div class=\"flex w-full flex-nowrap justify-center\"><\/div>\n<\/div>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><em>Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at\u00a0<\/em><em>@ines_ferre<\/em><em>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Big Tech stocks were hammered this past week amid growing fears that rising inflation will keep interest rates<\/p>\n","protected":false},"author":6,"featured_media":2917,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[11,7,48],"tags":[],"class_list":["post-2911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","category-us"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2911"}],"version-history":[{"count":2,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2911\/revisions"}],"predecessor-version":[{"id":2918,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2911\/revisions\/2918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/media\/2917"}],"wp:attachment":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}