The stock prices of the "seven giants" in the US market have plummeted, with a total market value evaporating by $1.3 trillion

2024-08-05 21:37:45

Collection

According to ChainCatcher news, as reported by Jinshi, the "seven giants" of the US stock market opened with a sharp decline: Apple fell by 9.6%, Microsoft by 4.8%, Nvidia by 14.3%, Google by 6.5%, Amazon by over 8%, and Tesla by more than 10.85%. By calculation, the total market value of the aforementioned seven tech companies decreased by $1.29 trillion, with Apple dropping $321 billion and Nvidia decreasing by $378 billion.

Source

Risk warning

Column The Collapse Record of the "805" in the Cryptocurrency Circle

After BTC broke through $70,000 at the end of July, it failed to set a new historical high. Amidst the sluggish capital, what factors accelerated this round of massive decline in the cryptocurrency market?