2024-06-22 09:02:00

Nvidia's Stock Plunge and Market Cap Erosion: A Comprehensive Overview

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Nvidia's recent stock plunge has led to a substantial erosion of its market capitalization, shedding over $200 billion in just two trading sessions. The company briefly held the title of the world's most valuable publicly traded company but now ranks third behind Apple and Microsoft.

The sell-off coincided with triple witching day, prompting speculations about the market's future movements. Despite the setback, experts remain optimistic about Nvidia's potential, with projections suggesting a 10-15% market weighting by 2030 based on AI advancements.

Nvidia's dominance in AI-chip production has positioned it to potentially reach a market value of $4 trillion, highlighting the pivotal role of AI in driving chip sales and market performance.

The Street
23. Juni 2024 um 22:48

Nvidia has $4 trillion value in sight as AI seen powering chip sales

Technology
Finance
Nvidia's value surpasses $3 trillion, poised to become the most valuable company globally, driven by dominance in AI-chip production and the launch of Blackwell computing processors.
The Street
3. Juli 2024 um 17:18

How Nvidia became the world's most valuable company

Economy
Finance
Technology
Nvidia has surpassed Microsoft to become the most valuable public company in the world with a market cap of $3.4 trillion. The stock has seen significant growth in recent years, with a 3,400 percent increase over the last five years.
Yahoo Finance
21. Juni 2024 um 22:18

Nvidia Stock Gets Hit With Bearish Reversal. If You Have Big Profits, This Is What You Should Do.

Finance
Technology
Nvidia stock experienced a heavy-volume downside reversal this week, prompting traders to consider their next moves. While some believe Nvidia's revenue could triple in the next few years, it may be wise for traders to trim their positions. The stock's recent pullback may be a short-term peak, but flexible sell signals and a longer-term time horizon can help navigate the market.
Yahoo News
21. Juni 2024 um 20:30

What Nvidia sell-off, triple witching say about the market

Finance
Technology
Nvidia's stock sell-off coinciding with triple witching day raises questions about market outlook, but experts remain optimistic about the broader market's resilience. Despite short-term setbacks, analysts foresee Nvidia potentially reaching 10-15% market weighting by 2030 based on AI prospects.
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