Nvidia helped the S&P 500 Index and the Nasdaq Composite recover from a recent three-day slide. This rebound came as the Dow Jones Industrial Average experienced a nearly 300-point drop due to declines from Boeing, Goldman Sachs, and Home Depot. The 10-year Treasury bond yield remained stable in anticipation of key inflation data. Oil prices … Read more
Nvidia’s shares experienced a significant drop on Monday, marking one of the worst losses in years for the AI technology giant. The stock fell over 5% to around $120, reaching its lowest price since its 10-for-1 stock split in June. This decline followed previous drops of 3.5% and 3.2% on Thursday and Friday, bringing the … Read more
Nvidia recently experienced the largest loss in value ever seen by a company. Over the last three days, their stock fell by 13%, resulting in over $500 billion being wiped off their market capitalization. Despite this significant drop, Nvidia’s current market capitalization is still at $2.9 billion, showing the immense scale of the company today. … Read more
Nvidia, known for its AI chips, saw a rapid decline in value following a historic $430 billion loss in market capitalization over just three days. This drop, the largest of its kind, came after surpassing Microsoft and Apple in value. Despite the recent decline, CEO Jensen Huang executed a Plan 10b5-1 trading plan, liquidating nearly … Read more
Short sellers of NVIDIA have seen a significant increase in profits, totaling nearly $5 billion, as a result of the sharp decline in the stock price over the past three trading sessions. Data analytics firm Ortex Technologies reported that the stock price of NVIDIA increased by over 3% on Tuesday, following a 13% decrease in … Read more
Nvidia shares experienced a significant drop of 16% last week, resulting in a market value reduction of $431 billion. The sudden decline, without any major news driving it, has led some analysts to attribute it to profit-taking by investors. Despite this decline, some experts on Wall Street view the situation as an opportunity to purchase … Read more
ETFs that track the performance of Nvidia, a prominent player in the AI industry, have seen significant growth this year. These unique leveraged ETFs are focused solely on Nvidia, offering investors the potential for higher returns through added directional leverage. The T-REX 2X Long NVIDIA Daily Target ETF has seen a significant 425% increase in … Read more
Groq, a competitor of Nvidia in the development of AI chips, is reportedly set to be valued at $2.5 billion in a new funding round led by Blackrock. The company is rumored to be raising $300 million with the help of Morgan Stanley, although Groq and Blackrock have not commented on the matter. This new … Read more
Nvidia, a leading chipmaker in the technology industry, has recently experienced a significant decrease in stock market value, losing around $500 billion in market capitalization. This drop comes after Nvidia’s brief stint as the most valuable company in the world, surpassing Microsoft and Apple in market value. Despite this setback, Nvidia remains a key player … Read more
Short sellers of Nvidia have seen significant profits as the AI chip designer’s stock experienced a sharp decline over the last three trading sessions. According to Ortex Technologies, these short sellers have made nearly $5 billion in profits, at least on paper. The stock had reached a high point on June 18, surpassing Microsoft as … Read more