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
carley: twitter is reportedly facing a class-action lawsuit as elon musk s mass layoffs begin this morning. todd: temporarily closing today and will alert employees of their status at 9 a.m. pacific time. you re watching fox and friends first, i m todd piro. carley: i m carley shimkus. elon musk will cut jobs via e-mail this morning, for half the workforce. in an effort to place twitter on a healthy task, we will reduce global workforce on friday. this will impact a number of individuals who made valuable contributions to twitter, this action is necessary to guarantee success moving forward. todd: that decision challenged in court. twitter employees are suing the company for violating law requiring 60 days notice of termination. twitter says internal communications, twitter is special, after four years i m leaving with the fullest heart, experiences i never imagined, my head is held high knowing i gave it my absolute all. break down what this is all about. lawyers a
BMW, Jaguar and VW Parts May Have Been Made With Forced Labor, Senate Report Says The report from Senate Finance Committee Chair Ron Wyden says automakers aren t doing enough to root out the. -May 20, 2024 at 09:15 pm EDT
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BMW, Jaguar and VW Parts May Have Been Made With Forced Labor, Senate Report Says The report from Senate Finance Committee Chair Ron Wyden says automakers aren t doing enough to root out the. -May 20, 2024 at 11:15 pm EDT
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Samsung Appoints New Chief for Chip Business Samsung Electronics has tapped a new chief for its semiconductor arm as it looks to boost its competitiveness in the chip industry amid the. -May 21, 2024 at 01:17 am EDT
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