NVIDIA Corporation (NVDA)
Nvidia just recorded the biggest single-day wipeout by a US company
Nvidia's stock fell 9.5% due to concerns about AI and the US economy. Investors are worried about economic indicators and potential recession signals from the Fed.
Nvidia's shares plunge 9.5% in historic single-day market value drop
Shares of Nvidia (NVDA.O) plummeted by 9.5% on Tuesday, marking the largest single-day drop in market value ever recorded for a US company. The significant decline translates to a staggering $279 billion loss in market capitalization.
Nvidia is a no-go for over half of this ultra-rich club's members with assets worth $165 billion
Over half of Tiger 21's members don't invest in Nvidia, according to a recent asset allocation report released by the network of ultra high net worth investors and entrepreneurs. Of the 43% members who have invested in Nvidia, most do not intend to add more stock, amid worries that its has already run up too high.
Report: DOJ Sends Tech Companies Subpoenas in Nvidia Antitrust Probe
The Department of Justice (DOJ) has reportedly escalated its antitrust investigation of Nvidia. After previously sending questionnaires to the chipmaker and other tech companies, the DOJ is now sending legally binding requests for information, Bloomberg reported Tuesday (Sept.
Nvidia Keeps Falling Late As DOJ Reportedly Issues Subpoenas In AI Antitrust Probe
The DOJ reportedly has issued subpoenas in a growing antitrust probe over Nvidia's AI dominance. Nvidia stock extended losses late.
Nvidia Stock Slips After Report of Justice Department Subpoenas
Shares of Nvidia slipped in late trading, extending losses from the regular session, as investors digested reports saying the chip giant had received subpoenas from the Justice Department as part of an antitrust investigation.
Nvidia Reportedly Subpoenaed By Justice Department As Antitrust Probe Intensifies
Nvidia was subpoenaed as part of a Justice Department antitrust investigation, according to Bloomberg, ramping up the probe and bringing regulators closer to filing a formal complaint against the tech giant.
Nvidia Stock Slips After Report of Justice Department Subpoenas
Shares of Nvidia slipped in late trading, extending losses from the regular session, as investors digested reports saying the chip giant had received subpoenas from the Justice Department as part of an antitrust investigation.
Nvidia Q2: Don't Forget Software
Nvidia Corporation's Q2 FY25 results showed robust growth, driven by strong demand for AI chips. However, I think Nvidia's software ecosystem is an aspect underappreciated by the bulls. Its Inference Microservices offer scalable, high-value AI solutions and are gaining traction among major partners.
Stock Market Takes A Hit On Slowdown Fears; Nvidia Slumps In Record-Setting Fashion
Sellers hit the stock market hard Tuesday as money flowed into bonds and out of mining, oil and gas and semiconductor stocks.
Nvidia slides further in post-market trading after plunge that wiped out almost $300 billion in market cap
Nvidia shares fell 2% in extended trading after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation. The stock dropped nearly 10% during trading, wiping $279 billion off the chipmaker's market cap.
Justice Department takes a major step toward an antitrust lawsuit against Nvidia
The DOJ subpoenaed Nvidia in its antitrust probe into the chipmaker. Officials are investigating whether Nvidia's success hurts buyers who want to use other providers.
