Apple’s 2-Day Slide Nears $200 Billion

 

Bloomberg 7 September 2023

https://www.bloomberg.com/news/articles/2023-09-07/apple-poised-to-shed-194-billion-as-china-broadens-iphone-ban

FANGs eight companies — Apple Inc., Amazon.com Inc., Alphabet Inc., Meta, Microsoft Corp., Netflix Inc., Nvidia Corp. and Tesla Inc. — have accounted for all the S&P 500’s growth this year. 

The other 492 stocks are down slightly

https://englundmacro.blogspot.com/2023/05/valuations-in-us-are-much-worse-than.html

Reality Is Creeping In on the Nasdaq’s Yearlong Dream Rally

Bloomberg 8 September 2023

Nasdaq Slumps With Apple (AAPL), Nvidia (NVDA) Stocks See Second-Worst Declines - Bloomberg

Englund: Fang (englundmacro.blogspot.com)

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