The Magnificent Seven appeared to be collapsing under their own weight on Monday, causing the Nasdaq to lose 4%, its largest one-day decline since 2022. The index has lost 12.4% over the last 13 trading sessions, which is uncannily similar to the losses seen during the first 13 days of the 2020 COVID-19 pandemic. This came nearly precisely 25 years after the dot-com bubble burst…
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