Of cracking the uk market. Live from London, This is business today. It This is business today. IS Packed. Im saLLy bundock. This is business today. Lets get going. We start with AL Chip maker nvidia. Its Record Rise to one of the worLds most vaLuabLe companies has wowed WaLL Street. Now, its breaking records again, but not in the way it wanted. On tuesday, nvidia Lost the most Stock Market VaLue in a day of any company in us history aS Part of a steep seLL off that Hit Tech shareS ParticuLarLy hard. Nvidia continued to faLL after hours as bLoomberg reported that it has received subpoenas from the Department Ofjustice, which is investigating whether it has been abusing its dominance of the market for AL Chips. Lets just show you the numbers because they are pretty staggering. ALmost 279 BiLLIon that was the amount wiped off the vaLue of nvidia over the course of the trading day. It adds to Losses Last week after the companys forecasts disappointed investors. Nvidia has been the corners
Strong do you think demand is right now for these chips . fist right now for these chips . At the right now for these chips . Git the moment it is incredible. They cant make enough. They are the real superstar of the Ai Sector at this moment. They had the market to themselves. They are a good indicator of both the market itself but also of the position and the fact that they are the person you go to if you want to have the chips to set up your own ai system. What might everyone wants these chips, but there have been reports of potential delays, certainly in the shipment of the new chips. Do you think we will hear more about that when they report their results, will set the address that . I think they have to, everyone knows there a slight delay there and they just ignore it. These chips are hugely complex and it is part of a long Design Chain delays are kind of inevitable. They happen in this industry because these chips are hugely complicated. I dont think it is a big deal that it ha
Its Foreign Minister, israel katz, has described the situation as a war that must be won. A senior palestinian official has accused israel of trying to escalate the war in gaza and warned of Dire And Dangerous results. Palestinian president Mahmoud Abbas has cut short a visit to Saudi Arabia because of the attacks. Lets take a closer look at the West Bank and what It Actually is. Its land on the West Bank of the riverjordan and bounded by israel and jordan. Its been occupied by israel since the 1967 Middle East war, but decades of talks between israel and the palestinians have left its final status unresolved. 0ur Middle East correspondent, lucy williamson, has just sent this update from jenin. There are israeli jeeps, israeli armoured vehicles moving around the entrance tojenin s Government Hospital behind me. You can see an ambulance coming through now as well. The Hospital Entrance Isjust behind this Army Vehicle here. Staff inside the hospital say that since last night, the army ha
Of this one company is such a market mover. Yes, this is really the story of the week, driving the market action. First of all, it is really about its waiting in the index, it accounts For about 6. 7 of the index, that makes it the second large company behind apple. Their expectations are high going into this and it could have a lot of market sway. The Share Price is almost triple over the last year, expectations are high here and any disappointments could be punished by investors. So it could bring a lot of volatility. And it has seen as a big ai play, investors will be watching if this ai induced money could have more momentum or will it start to lose steam . Give us a flavour of the details that investors are looking out For. Details that investors are looking out For. Details that investors are lookin out For. ,. Looking out For. Nvidia has had a stron looking out For. Nvidia has had a strong perFormance looking out For. Nvidia has had a strong perFormance over looking out For. Nvi
Our Middle East correspondent, lucy williamson, has just sent this update from jenin. There are israeli jeeps, israeli armoured vehicles moving around the entrance tojenin s Government Hospital behind me. You can see an ambulance coming through now as well. The Hospital Entrance Isjust behind this Army Vehicle here. Staff inside the hospital say that since last night, the army has surrounded the building. And is searching anyone who wants to leave. This street, deserted now, one of the main roads through the town, has seen this kind of activity so many times since the hamas attacks last october. But this operation, looks a bit different, it is a part of a wider, coordinated operation across the northern West Bank. These kinds of operations going on in several cities. What is not entirely clear at the moment is why this operation is taking place now. The kind of extensive operation that People here havent seen in decades. Israels Foreign Minister says it is a Counterterrorism Operation