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
Taylor greene says shes been freed to push the Republican Party farther right after being stripped of her committee assignments. So, now i have a lot of free time on my hands, which means i can talk to a whole lot more people all over this country, and i can talk to more people and make connections and build a huge amount of support that ive already got started. And it has been one month since the capitol insurrection. The New York Times releasing a breakdown of who has been brought to justice so far, including at least 22 current or former members of the military. And covid hospitalizations dropping, but fear increasing as Health Officials warn, the super bowl parties could end up being superspreader events. As we do say good morning, everybody. It is saturday, february 6th. Im kendis gibson. And im lindsey reiser. Its good to know that at least we have something normal, the great unifier. Super bowl . Yes, sports. Its hard to believe its been only a month since all of that. We came t
department is likely to confirm prices are calling. but with inflation still stubbornly high, policy makers here as in many other developed economies aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. investors hope there may be a chance the us economy could avoid falling into a recession so we saw a bit of a rally in all the main indices. let s show you how japan s all the main indices. let s show you howjapan s nikkei has started, down by almost i%, profit taking also happening as well. in other news, sporting goods giant nikkei has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have been revenue estimates for seven street orders, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. going to china were on about how authorities are expected to releas
we begin in the us in what could become the largest product liability settlement in history. the pharmaceutical s giant, johnson &johnson has proposed paying almost $9 billion to settle tens of thousands of lawsuits that allege the company s talcum powders causes cancer. the new move seeks to resolve all current and future claims and follows a decade long legal battle between plaintiffs lawyers and johnson & johnson. my colleague samira hussain with the details. johnson &johnson johnson & johnson has johnson &johnson has been dogged for use by claims that its talcum powder causes cancer. in 2021 it settle a lawsuit in newjersey brought by 21 women who blame the company for that very cancer and is set aside another 2 billion to try to settle all future claims in what could add up future claims in what could add up to thousands of lawsuits. now the company says it will increase the potential size of all settlement to 8 $.9 billion. the company stopped selling it talcum product
Theres super eater mickey suto. She fell short of her record from last year. Have a very happy fourth. Im Trace Gallagher in for shepard smith. See you back here tomorrow. Charles payne next on your world. As we celebrate the red, white and blue, were keeping an eye on your green and how washington is battling over it right now. Hello. Im Charles Payne in for neil cavuto. Happy Fourth Of July, this is a special edition of your world. Fox on top of what could be an overthetop trade fight and every Day Americans could be paying for it. President Trump Isnt Backing down from tariffs against canada and china. Those countries are taking aim at some u. S. Products and thats not good news. But heres what is. The tax cuts. Who will win out . Lets ask lindsey and jonas. In do think will resonate the most . The tax cuts or the trade war . I think tax cuts will override the day in the end. The trade wars are not real right now. Theyre on the horizon. We see them coming. I still say its about of t