US stocks experienced a significant selloff, led by chipmakers like Nvidia, following analyst warnings about the AI hype. Nvidia Corp experienced a significant setback as its shares plummeted by 9.5%. This steep decline resulted in a staggering loss of $278.9 billion, marking the largest single-day value erosion for any stock in the United States.
Related Posts
RTGS transactions in dollar, pound and euros soon? Here’s what RBI is planning
The Reserve Bank of India may expand the RTGS to include major currencies like the US dollar, euro, and pound sterling. This move aims to […]
Stock market today: BSE Sensex up over 250 points; Nifty50 near 25,100
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday. While BSE Sensex was near the 82,000 level, […]