WS #11338
Mag 7 stocks lost $2.2T in past month; MSFT and META in bear market, tech selloff intensifies. Apple reduces iPhone 17 production by ~15% amid slowing demand, ahead of foldable iPhone 18 launch. Alibaba orders staff to remove Anthropic products by July 10 over alleged backdoor risks, promoting in-house Qoder.
Magnificent 7 Selloff Deepens
Mag 7 stocks lost $2.2T in past month; MSFT and META in bear market, tech selloff intensifies.
Apple reduces iPhone 17 production by ~15% amid slowing demand, ahead of foldable iPhone 18 launch.
Alibaba orders staff to remove Anthropic products by July 10 over alleged backdoor risks, promoting in-house Qoder.