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Transcripts For BBCNEWS Business Today 20240905

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

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Transcripts For BBCNEWS Business Today 20240904

August meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing Production Data shrank for a fifth month in august. The institute for Supply Management Manufacturing gauge edged up to 47. 2. A reading below 50 indicates contraction. The data reignited concerns around slowing growth within the us economy, which helped drive a Sell Off early last month. The action comes ahead of us governments augustjobs report,

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Transcripts For CNN CNN Newsroom Live 20240903

The united states its around the world and streaming us on cnn max, Im Rosemary Church just ahead. Grief and rage in israel, Tens Of Thousands of protests yes. Just filling the streets, calling on prime Minister Benjamin Netanyahu to reach a Ceasefire Deal following the deaths of six hostages In Gaza we have the first poll numbers following the Democratic National Convention. What they say and where the candidates will be in the days ahead and china pushes back on criticism my after yet another collision with a philippine Coast Guard Vessel in the south China Sea from atlanta. This is Cnn Newsroom with Rosemarie Church good to have you with us. So it is 9 00 in the morning in israel were ben Gurion Airport near Tel Aviv has halted departures and arrivals of flights for at least another hour as part of a nationwide strike. It comes as Anger And Anguish build over the deaths of six hostages In Gaza. On sunday, Tens Of Thousands took to the streets in Tel Aviv and other cities demanding p

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Transcripts For CNN CNN Newsroom Live 20240903

Recovered the bodies of six hostages In Gaza over the weekend. Whilst we have the first poll numbers following the Democratic National Convention what they say and where the candidates will be in the days ahead. And Pope Francis is getting ready to leave for asia. Details of his itinerary during the longest trip with his pants live from atlanta. This is cnn newsroom with Rosemarie Church thanks for joining. Us. A nationwide strike is now underway in israel as pressure mounts on the government to secure a Ceasefire And Hostage deal, Air Travelers were among the first to feel the impact as Ben Gurion Airport near Tel Aviv halted departures and arrivals of flights two hours ago the strike comes as Anger And Anguish build over the deaths of six hostages In Gaza. On sunday, this was the message from israels largest Labor Union i call on the people of israel to take to The Streets this evening tomorrow, leave the workplaces. I call on all economic organizations in the state of israel, everyo

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Transcripts For CNN CNN Newsroom 20240903

Health to the amateurs. Choose doctors preferred im meteorologists Elisa Rafah on jekyll island, georgia, and this is cnn youre in the Cnn Newsroom. Im Jessica Dean in new york. And Tonight Id growing tensions in israel has spilled out into the streets. Heated and passionate protests seen across the country earlier tonight there in Tel Aviv organized theres estimating 550,000 people taking to the streets and these protesters are demanding prime Minister Benjamin Netanyahu reach a Ceasefire And Hostage deal with hamas. The countrys largest Labor Union is joining that fight, vowing a nationwide general strike tomorrow. And the mounting anger coming after the tragic news. The idf recovered the bodies of six hostages including an american from a tunnel in Southern Gaza the israeli Health Ministry thank all six of these hostages were killed by short range shots, likely sometime between thursday and friday of this week as the idf was closing in cnns Nic Robertson is joining us live from Tel

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