此次股价大跌之前，上周五发布的美国就业报告疲软，促使投资者转向安全资产，并引发了人们对美联储将很快降息以促进增长的押注。
Due to concerns about the economic recession in the United States, as well as the impact of Warren Buffett's Berkshire Hathaway's sale of Apple's stocks, the seven giants of the U.S. stock market all fell sharply on Monday's opening, breaking the industry's months-long rebound.
From the opening situation, the three major stock indexes collectively opened lower, with the Dow Jones opening down 2.69%, the S&P 500 down 4.15%, and the Nasdaq down 6.33%.
Apple fell 9.6%, Microsoft fell 4.8%, Nvidia fell 14.3%, Google fell 6.5%, Amazon fell over 8%, Meta fell 7.18%, and Tesla fell more than 10.85%. The total market value of the seven giants decreased by $1.29 trillion, of which Apple's market value fell by $321 billion and Nvidia's by $378 billion.
Prior to the sharp drop in stock prices, weak U.S. job reports released last Friday prompted investors to turn to safe assets and sparked bets that the Fed would soon cut interest rates to boost growth.
Meanwhile, Berkshire Hathaway announced over the weekend that it had cut its holdings of Apple stocks, its largest holding, in half, raising concerns about the future of the tech industry.
In addition, Nvidia's stock price was hit by a report that its upcoming AI chip could be delayed by three months due to design flaws, which could affect major customers such as Meta, Google and Microsoft.
After driving Wall Street up for more than a year, large tech stocks have come under pressure in recent weeks as there have been signs that returns on large-scale AI investments will be longer than some investors had hoped for.
As a result, the stock prices of Amazon, Microsoft, and Alphabet, the three largest cloud computing service providers, began to fall, as their new quarterly reports showed that their huge AI investment has not yet quickly translated into business growth.
Dan Coatsworth, an investment analyst at AJ Bell, said: "Expectations for the so-called 'seven giants of the U.S. stock market' may have been too high. Their success made them untouchable in the eyes of investors, and once expectations were not met, the knife would fall."
