A massive rotation at the expense of big AI spenders has the Magnificent Seven on pace to shed $3 trillion this month. Collectively, Tesla, Apple, Microsoft, Meta Platforms, Nvidia, Amazon.com, and Alphabet have lost $2.99 trillion in market cap so far in June, according to Dow Jones Market Data. The Roundhill Magnificent Seven ETF is on pace for its worst month on record.

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IMF says energy, commodity prices fall after Iran deal but will take time to normalize - Reuters

Reuters2026.06.25

IMF says energy, commodity prices fall after Iran deal but will take time to normalize Reuters