TechFlow news, August 2: According to Jinshi Data, US stocks closed lower, with the Dow falling 1.23%, the S&P 500 down 1.6%, and the Nasdaq dropping 2.24%. The Nasdaq Golden Dragon China Index fell 1.82%. Alibaba (BABA.N) declined nearly 3%, Amazon (AMZN.O) dropped over 8%, losing more than $200 billion in market value in a single day, Meta Platforms (META.O) fell over 3%, while Apple (AAPL.O) and NVIDIA (NVDA.O) each declined over 2%.
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