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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 ....
Seems to be reducing. But there are also concerns about the wider us economy that led to a wider selloff on us markets, as ritika gupta explains. The snp 500 saw its biggest slide since an early 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 ....
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 ....
as samira hussain reports from new york. the headline in these latest inflation numbers as the cost of living in the united states is headed in the right direction. inflation rose 3% in the month ofjune, down a full percentage point from a month earlier. it has fallen pretty sharply from its peak of more than 9% forjune of last year. it is a sign the federal reserve s moves to raise interest rates to slow down inflation seems to be working. analysts are still thinking the american central bank will raise interest rates one more time at the next meeting. the caller inflation is good news for consumers, also good news for consumers, also good news for the us presidentjoe biden who touted the administration s efforts to bring prices down. he is facing re election next year and being to control inflation without pushing the economy into a recession, will be key if you want another four years in the white house. if he wants. years in the white house. if he wante years in the ....