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123 new news items in the last 24 hours
  1. Home
  2. Economy

Nvidia recorded the biggest one-day drop in market value for a US company, losing 279 billion dollars.

Călin Nicolescu
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4 September 2024, 10:33
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The fall was caused by concerns about big investments in artificial intelligence, which have also affected other tech companies. Nvidia's below-expectations quarterly forecasts helped dampen investor optimism. There are also concerns about the return on investment in artificial intelligence.

Sources

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Libertatea
Cea mai mare cădere bursieră pentru o companie: Nvidia a pierdut 279 de miliarde de dolari din valoarea de piață, mai mult decât economiile Greciei sau Ungariei
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NBC News
Nvidia's $279 billion wipeout -- the biggest in U.S. history -- drags down global chip stocks
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The Guardian EU
Nvidia shares slump amid reports US is ramping up antitrust investigation
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Stirile ProTV
Piețele scad în timp ce acțiunile Nvidia se prăbușesc cu aproape 10%. 279 de miliarde dolari, șterși din evaluarea bursieră
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The Guardian EU
Markets slump amid growth worries; Nvidia 'gets subpoena from US DoJ' - business live
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Antena3
Bursele cad din nou. Gigantul american de cipuri Nvidia a pierdut 10%, adică 280 de miliarde de dolari

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NEWS ON THE SAME TOPICS

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Apple surpassed Nvidia on Friday, becoming the most valuable company in the world, with a valuation of 4.88 trillion dollars.
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Alphabet's shares fell by approximately 7%, marking the largest daily loss in the past year.
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Apple has reached a market value of 4.88 trillion dollars, surpassing Nvidia, which has dropped to 4.86 trillion dollars. This marks a comeback for Apple, which had not been in the top position since April 2025.
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Microsoft reported revenues of $82.89 billion for the first quarter of 2026, exceeding analysts' estimates. However, shares fell by 1% due to concerns related to investments in artificial intelligence.
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