On Tuesday, March 18, Tesla spearheaded a decline among the seven leading US tech giants, witnessing a share price drop of up to 6.2%. The Bloomberg Equal Weight Nasdaq-100 Index, comprising these seven behemoths, has recorded a decline of roughly 16% so far this year, following a substantial gain of 67% in 2024. Concurrently, other tech titans like NVIDIA, Meta, and Amazon also experienced declines of various magnitudes, with Apple being the lone exception, maintaining a relatively stable share price.
