Nasdaq Plunge Wipes Out $1.04 Trillion in Value Across Seven Major Tech Stocks By Coin Gazette Editorial Comments Off on Nasdaq Plunge Wipes Out $1.04 Trillion in Value Across Seven Major Tech Stocks 3 Min Read The Nasdaq plunged 5.5% on November 5 as the MAG 7 lost $1.04 trillion in market value amid AI investment concerns and broader market uncertainty.