May 12: Tech sector value decline

The world’s largest technology companies have lost over $1 trillion in value over the last week (May 5 to May 11).

Source: CNBC
Published: May 2022

Tech sector value decline

The world’s largest technology companies have lost over $1 trillion in value over the last week (May 5 to May 11). Here are the top tech companies affected:

Company: Tesla
Value drop (%): -16.0%

Company: Amazon
Value drop (%): -13.6%

Company: Nvidia
Value drop (%): -13.5%

Company: Meta Platforms (Facebook parent)
Value drop (%): -11.5%

Company: Microsoft
Value drop (%): -7.1%

Company: Apple
Value drop (%): -7.0%

Company: Alphabet (Google umbrella)
Value drop (%): -6.5%

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