ChainCatcher news, according to Jin10 data reports, U.S. tech stocks fell across the board in pre-market trading, with none of the "seven giants" spared. Apple (AAPL.O) dropped 5.4%, Tesla (TSLA.O) fell by as much as 10%, Intel (INTC.O) decreased by 4.8%, and Meta Platforms (META.O) declined by 6.1%. Among automakers, General Motors (GM.N) fell 4.9%, and Ford Motor (F.N) dropped 3%.

ChainCatcher news, according to Solid Intel monitoring, the US tech sector has fallen sharply, with the "seven giants" losing more than $3 trillion in market value from recent highs:Strategy $MSTR: -14%;Tesla $TSLA: -8%;Palantir $PLTR: -7%;Alphabet $GOOGL: -5%;Broadcom $AVGO: -5%;Meta $META: -4%;Nvidia $NVDA: -4%;Amazon $AMZN: -3%;Netflix $NFLX: -3%;Microsoft $MSFT: -2%;

ChainCatcher news, U.S. stock market opens, Dow Jones down 1.04%, S&P 500 down 1.13%, Nasdaq down 1.33%.The "seven giants" of U.S. stocks all fell, with Tesla (TSLA.O) opening down 3.1%, Apple (AAPL.O) down 1.07%, and Nvidia (NVDA.O) down 1.42%.Boeing (BA.N) opened down 3.21%, as the company has recently experienced frequent safety incidents with its 737-800 aircraft. (Jin Shi)

ChainCatcher news, according to Cointelegraph, the stock prices of the "Big Seven" in the U.S. have significantly dropped, which may bring greater downward pressure on Bitcoin prices. The "Big Seven" refers to several high-performing tech stocks, including Nvidia and Microsoft. On August 5, during regular trading, these stocks collectively lost over $650 billion in market value.Cryptocurrency insiders believe that the renewed decline of leading tech stocks could lead to a drop in Bitcoin prices, as there is documented correlation between stock market performance and cryptocurrency value; as major tech stocks decline, investor sentiment typically shifts towards alternative assets, including Bitcoin.

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.

ChainCatcher news, according to Jinshi reports, the Nasdaq 100 index fell 2.9% on Wednesday, marking the largest single-day decline since December 2022.All of the "Seven Giants," which are weighted stocks, declined, with Nvidia (NVDA.O) leading the drop, falling over 6.6%, and Apple (AAPL.O) down 2.5%. The total market value of the "Seven Giants" evaporated by approximately $580 billion (about 4.21 trillion yuan) in a single day.Goldman Sachs' trading department stated that the S&P 500 index now has only one way to go, which is down, and there will be no buying on dips.