Okay kiddo, so there are these seven big companies that people really like to invest in, and they're called the Magnificent Seven. But one day, when a report came out about prices going up too fast, everyone got scared and started selling their shares in those companies. This made the value of the companies go down by more than $250 billion! Tesla was the worst hit that day. The people who were expecting prices to slow down were wrong, which made everyone worry about how much money they could make from these companies. So they decided to sell and get their money back. Read from source...

1. The title of the article is misleading and sensationalized. It implies that only seven companies lost more than $250 billion due to inflation data, while in reality, many other stocks and sectors were also affected by the market sell-off. A more accurate title would be "Inflation Data Triggers Market Sell-Off Among Tech Giants".

Negative

Key points:

- Magnificent 7 (the seven largest companies by market cap) lose more than $250 billion as inflation data triggers market sell-off.
- Tesla records the worst stock performance among them with a 2.9% drop.
- Inflation report surprises Wall Street economists who expected lower numbers.
- Headline CPI inflation rises to 3.1% and core inflation hits 3.9%, both higher than anticipated.