Magnificent 7's $3 Trillion Club Is Vacant As Apple Stock Stumbles
1. Apple drops out of the $3 trillion club, impacting market sentiment. 2. AAPL stock has fallen over 20% year-to-date, hitting a market cap of $2.92 trillion. 3. Microsoft and Nvidia also face declines, weighing on the Magnificent Seven index. 4. Broader tech sector weaknesses affecting overall market health. 5. Recent sell-offs raise concerns about the mega-cap tech sector.