📈 U.S. Top 10 Stocks Shed $2.5 Trillion in 23 Days
Combined market cap of top 10 U.S. stocks plunges 12.8% from $19.6 trillion to $17.1 trillion between July 10 and August 2, 2024.
Market Cap Change (July 10–August 2):
- Apple: -$230 Billion (-6.4%)
- Microsoft: -$429 Billion (-12.4%)
- NVIDIA: -$680 Billion (-20.5%)
- Alphabet (Google): -$316 Billion (-13.3%)
- Amazon: -$317 Billion (-15.2%)
- Meta Platforms: -$121 Billion (-8.9%)
- Berkshire Hathaway: +$31 Billion (+3.5%)
- Eli Lilly: -$129 Billion (-14.4%)
- Broadcom: -$143 Billion (-17.6%)
- Tesla: -$176 Billion (-21.0%)
The combined market capitalization of the top 10 U.S. stocks plunged by 12.8%, dropping from $19.6 trillion to $17.1 trillion between July 10 and August 2, 2024.
Market Cap Change (July 10–August 2, 2024):
Apple: Decreased by $230 billion, a drop of 6.4%.
Microsoft: Declined by $429 billion, a decrease of 12.4%.
NVIDIA: Fell by $680 billion, a significant reduction of 20.5%.
Alphabet (Google): Lost $316 billion, down by 13.3%.
Amazon: Dropped by $317 billion, a decrease of 15.2%.
Meta Platforms: Decreased by $121 billion, down by 8.9%.
Berkshire Hathaway: Increased by $31 billion, a rise of 3.5%.
Eli Lilly: Fell by $129 billion, a drop of 14.4%.
Broadcom: Decreased by $143 billion, down by 17.6%.
Tesla: Plummeted by $176 billion, a significant drop of 21.0%.
This period saw a substantial decline in market value for many leading technology and pharmaceutical companies, reflecting a broader market downturn.