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Magnificent 7 as a basket proxy for mega-cap tech drawdown

March 28, 2026Michael Burry Stock Tracker, Jesse Cohen, Geiger Capital

Several accounts track the “Magnificent 7” as a single risk factor, emphasizing large YTD declines and trillions in lost market cap. The basket is used as shorthand for broad tech beta and sentiment.

Breaking: The Magnificent 7 have lost over ~$5,000,000,000,000 of market capitalization from their all-time highs
How are the 'Magnificent 7' Tech Stocks doing so far this year?
MAG7 Performance YTD: 🔴 $AAPL -9% 🔴 $NVDA -11% 🔴 $AMZN -13% 🔴 $GOOGL -13% 🔴 $META -19% 🔴 $TSLA -21% 🔴 $MSFT -26%
2026 has been brutal for the Mag 7:
Let's talk more about the Mag-7
Michael Burry Stock Tracker
Jesse Cohen
Geiger Capital
Shay Boloor
WOLF
Evan
Simplifying Stocks, CPA
Brian Sozzi
Yahoo Finance
Jeff Sun, CFTe
mag7drawdownsentimentteslametanvdamsft

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