Apple, Tech Giants Lead $2.5T Market Value Drop

Major S&P 500 stocks, including Apple, Alphabet, and Nvidia, have lost a combined $2.5 trillion in market value this year, with Apple alone dropping over $813 billion amid fears of tariffs and economic uncertainty linked to President Trump's administration. Defensive sectors have generally outperformed, while technology giants that previously drove market gains are now among the biggest losers. Companies across various sectors, such as UPS, Werner, Air Lease, GoPro, and DaVita, continue to struggle with weak demand, declining profitability, and worsening financial metrics. Cash-burning companies are seen as particularly risky due to negative cash flow and limited reserves. Healthcare and small-cap stocks are also underperforming the S&P 500, facing shrinking sales and increased competition. Experts advise investors to focus on companies with strong fundamentals and sustainable growth to manage mounting portfolio risks.