BTC $80,706.23 -1.13%
ETH $2,375.33 -0.90%
BNB $738.30 -0.39%
XRP $1.29 -2.55%
SOL $102.16 -1.96%
TRX $0.3296 +0.13%
DOGE $0.0783 -1.64%
ADA $0.2110 -2.56%
BCH $276.81 -3.50%
LINK $11.80 -3.00%
HYPE $76.80 -1.44%
AAVE $143.11 -3.93%
SUI $0.9584 -3.77%
XLM $0.1724 -3.26%
ZEC $1,167.63 -4.60%
AAPL $347.47 +0.19%
AMZN $248.82 -0.50%
GOOGL $321.73 -0.61%
MSFT $524.29 +1.58%
META $641.54 -0.38%
NVDA $211.41 -0.98%
TSLA $371.95 -0.96%
SNDK $1,240.60 -3.23%
INTC $86.73 -0.12%
SPCX $147.40 -0.28%
MU $883.67 +1.24%
AMD $517.96 +0.84%
BTC $80,706.23 -1.13%
ETH $2,375.33 -0.90%
BNB $738.30 -0.39%
XRP $1.29 -2.55%
SOL $102.16 -1.96%
TRX $0.3296 +0.13%
DOGE $0.0783 -1.64%
ADA $0.2110 -2.56%
BCH $276.81 -3.50%
LINK $11.80 -3.00%
HYPE $76.80 -1.44%
AAVE $143.11 -3.93%
SUI $0.9584 -3.77%
XLM $0.1724 -3.26%
ZEC $1,167.63 -4.60%
AAPL $347.47 +0.19%
AMZN $248.82 -0.50%
GOOGL $321.73 -0.61%
MSFT $524.29 +1.58%
META $641.54 -0.38%
NVDA $211.41 -0.98%
TSLA $371.95 -0.96%
SNDK $1,240.60 -3.23%
INTC $86.73 -0.12%
SPCX $147.40 -0.28%
MU $883.67 +1.24%
AMD $517.96 +0.84%

Data: The market value of the seven tech giants in the US stock market evaporated by nearly 600 billion dollars overnight, approximately 4.35 trillion yuan

2024-07-12 09:26:24

ChainCatcher news, according to Jinshi reports, after the positive U.S. CPI data, traders chose to withdraw from the recently strong-performing tech giants. The heavyweight stock Nvidia fell by 5.57%, Tesla dropped by 8.44%, Meta declined by over 4%, and Apple, Microsoft, Google, and Amazon each fell by more than 2%. In contrast, the Russell 2000 index, which is mainly composed of small-cap stocks, rose by over 3.5%. The total market value of the "Big Seven" tech companies in the U.S. stock market evaporated by nearly $600 billion (approximately 4.35 trillion yuan) in a single day, equivalent to losing one JPMorgan Chase (market value $595.46 billion).

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