Nvidia CEO Jensen Huang spoke at the COMPUTEX forum in Taipei, Taiwan, on June 4, 2024. Following a brief stint as the most valuable company in the world, Nvidia has experienced a three-day decline, dropping 13% from its high. This decrease has had a ripple effect on other chipmakers and technology companies connected to the … Read more
Nvidia, once the world’s most valuable company, has lost over $500 billion in market value in recent days, with shares falling nearly 7% on Monday. Despite surpassing Microsoft and Apple in value, the tech giant has fallen to third place. Concerns about Nvidia’s impact on the S&P 500 have grown, with some analysts warning of … Read more
Intel (NASDAQ: INTC) has recently made significant progress in the chip sector, positioning itself better to compete against its growing number of rivals. However, the latest news regarding the new Arrow Lake chips has had both positive and negative impacts on the company’s standing in the market. The Arrow Lake chips, particularly designed for gaming … Read more
NVIDIA shares dropped by 5% on Monday, marking the third consecutive day of losses for chip heavyweight stocks. The stock fell more than 11% from its recent all-time high, entering correction territory. Despite briefly surpassing Microsoft to become the most valuable company, NVIDIA’s market cap has since fallen to around $2.9 trillion, below that of … Read more
Nvidia Corp. shares fell 4.8% on Monday, marking the third consecutive negative session and putting the stock in correction territory with a decline of 12% over the past three days. This sell-off also impacted other chipmakers, as the Philadelphia Stock Exchange’s semiconductor index fell as much as 2.2% on the same day. Companies such as … Read more
U.S. stock futures showed mixed results on Monday morning after a decline at the end of last week. Dow Jones Industrial Average futures saw a 0.2% increase of 75 points, while S&P 500 contracts rose less than 0.1% and Nasdaq Composite futures dropped by 0.2%. On Friday, both the S&P and Nasdaq experienced a 0.2% … Read more
Nvidia (NVDA) is experiencing a decline in premarket trading, potentially extending its losses for the third consecutive session. The stock’s value has decreased by over $220 billion, with a 2.1% drop in premarket trading. This could lead to a further loss of $65 billion in market capitalization. NVDA concluded the previous week with a market … Read more
Nvidia recently lost its title as the most valuable publicly traded company, with shares falling and $118 billion in market cap losses. The semiconductor giant surpassed Microsoft, only to fall below once again. Market speculation and the triple witching event on Friday contributed to the volatility. The triple witching event involves the expiration of various … Read more
The stock market closed lower today, with the S&P 500 experiencing a decline due to Nvidia’s plunge. The tech giant’s stock took a hit, affecting the overall performance of the market. Investors were closely watching the developments in the sector and reacting to the news of Nvidia’s performance. The market clocked a decrease in the … Read more
Ariel Investments, a prominent investment management company, recently released its Q1 2024 investor letter for the Ariel Global Fund. The fund reported a 7.35% appreciation in the first quarter, slightly trailing its primary benchmark index but outperforming its secondary benchmark. The global developed markets experienced a positive rally driven by various factors like AI, bank … Read more