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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 ....
Lets start in the us where the facebook founder and Chief Executive of meta, Mark Zuckerberg, has criticised the Biden Administration for what he described as censorship during the covid 19 pandemic. In a letter written to a congressional committee, zuckerberg said that meta, which also owns instagram and whatsapp, was pressured into censoring content about covid, including humour and satire. He said he regretted not speaking about the pressure earlier and that he would not make the same decisions to comply if it happened again. Ritika gupta is in ny for us. Whys Mark Zuckerberg speaking out about this . There speaking out about this . Is a growing debate abou far there is a growing debate about how far a social Media Companies should go in being able to police comments, images and content by their users. Some platfo ....
Opinion writer at the boston globe. Welcome both. Garrett, hit both big issues. Where are we with the latest on Infrastructure Talks and what are the realistic options on democrats on Voting Rights. Ill do the Voting Rights bill because it is short. There are no realistic options to move that bill through the United States senate. 50 republican votes opposed and even the usual moderate republican senators who side with democrats and other key issues like Lisa Murkowski and Susan Collins spoke out against this bill yesterday. Republicans say its a federal takeover of elections and they dont like the changes that it makes at a federal level and things like voter i. D. Laws and the fcc, you name it. Theyre not for it unless democrats can find votes to get rid of the filibuster which we talked about ad nauseam and know they do not presently have, that bill goes nowhere. On infrastructure its a different story although with a similar refrain. The challenge there remains what it has always b ....