'Magnificent 7' stocks wipe more than $850 billion in value as stock market sell-off hits AI winners hard

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. Collectively, the "Magnificent Seven" megacap stocks erased more than $850 billion in market value over the past week. Meta (META) posted its worst week since October 2025, down more than 11% as Wall Street continued to grapple with the company’s loss in a landmark social media lawsuit earlier this week. A jury fo ...