Nvidia loses top spot as world’s most valuable company in less than a week due to $220 billion selloff, now in third place
NVIDIA Corp’s brief reign as the world’s most valuable company was short-lived, with shares falling 6.7% in two days and wiping out over $220 billion in market capitalization. This drop pushed Nvidia out of the top spot, with Apple Inc. and Microsoft Corp. now holding higher market capitalizations. The sudden reversal followed a rapid rise … Read more