Wall Street’s tech unwind accelerated Thursday, erasing more than $500 billion in market value across 10 heavyweight names.
But unlike recent pullbacks triggered by broad-based software stocks selloff, Thursday’s fall also hit legacy hardware giants.
According to Coinmarketcap.com, here are the 10 largest single-day market cap loss within the tech sector on Thursday:
- Apple Inc. (NASDAQ:AAPL): -$200.04 billion, after falling 5% – the worst single-day drop since Liberation Day.
- Tesla Inc. (NASDAQ:TSLA): -$52.28 billion
- Amazon.com Inc. (NASDAQ:AMZN): -$51.08 billion
- Broadcom Inc. (NASDAQ:AVGO): -$41.77 billion
- Cisco Systems Inc. (NASDAQ:CSCO): -$39.42 billion
- Meta Platforms Inc. (NASDAQ:META): -$35.19 billion
- Taiwan Semiconductor Manufacturing Co. (NYSE:TSM): -$30.85 billion
- AppLovin Corp. (NASDAQ:APP): -$28.05 billion
- NVIDIA Corp. (NASDAQ:NVDA): -$20.82 billion
- Palantir Technologies Inc. (NYSE:PLTR): -$19.54 billion