📈 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.