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Technology

Tech's 3-week sell-off, led by Tesla, wipes out $2.7 trillion in value from megacaps

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Summary
Nutrition label

72% Informative

Tech's seven megacaps have lost a combined $2.7 trillion in market cap since the Nasdaq peaked for the year about three weeks ago .

The selloff was sparked by fears that tariffs could ignite a global trade war, stifling growth and potentially leading to a recession.

The Nasdaq is down 4.9% this week , heading for its worst weekly drop since September .

VR Score

82

Informative language

86

Neutral language

59

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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