📈 S&P 500, Magnificent Seven, Apple, Microsoft, and Nvidia on January 27, 2025
The Market Cap of the Rest of the Magnificent Seven and S&P 500 Hold Steady on January 27, 2025, as Nvidia’s Nosedives
On January 27, 2025, Nvidia's market capitalization plummeted by 17%, dropping from $3.5 trillion to $2.9 trillion in a single day—a record $590 billion loss. This unprecedented decline was driven by the rise of DeepSeek AI and shifting market sentiment. In contrast, the combined market capitalization of the rest of the "Magnificent Seven" and the S&P 500 declined by just 0.4%.
Nvidia Exits $3 Trillion Club on January 27, 2025, as Apple Rises and Microsoft Falls
On January 27, 2025, Nvidia's market capitalization plunged by 17%, dropping from $3.5 trillion to $2.9 trillion, driven by the rise of DeepSeek AI. This marked a single-day record loss of $590 billion in market value. Meanwhile, Apple saw its market capitalization increase by 3.2%, while Microsoft's declined by 2.1%.
Nvidia Market Cap Plunges After Months of Consolidation
Nvidia's market capitalization skyrocketed by an astonishing 870% from October 2022 to October 2024. Following this unprecedented growth, the company entered a period of consolidation, with its market cap averaging $3.39 trillion through January 25, 2025. However, on January 27, 2025, Nvidia experienced a dramatic 17% decline in market value, dropping from $3.5 trillion to $2.9 trillion in a single day. This $590 billion loss, the largest single-day market cap drop in Nvidia's history, was influenced by the rise of DeepSeek AI and market sentiment shifts.