Nvidia shares tank as Magnificent 7 stocks on track to lose $500 billion in market cap

As of 11:35 a.m. ET the 'Mag 7' group was down more than $500 billion in market valuation, their 10th biggest market cap decline ever.

From potential cast to release date rumors, here's what we know so far about 'House of the Dragon' season 3All eyes are on September as more than 92% of traders expect a 50 basis point interest rate cut from the Federal Reserve amid growing economic weakness. Market Domination Co-host Josh Lipton joins Wealth! to break down how a rate cut could impact both the overall economy and your personal finances.

Flash floods hit the city of Lakeland, east of Tampa in Polk County, Florida, as Hurricane Debby made landfall in the Big Bend region early Monday, August 5.Local resident Alina Cooper posted several videos on X showing strong wind and rain as Debby swept through, and road flooding after the storm has passed.Debby was downgraded to a tropical storm, several hours after making landfall as a Category 1 hurricane. Credit: Alina Cooper/@juststormchasin via StoryfulNEW YORK, Aug.

BOSTON — Pope Francis on Monday accepted the resignation of Cardinal Seán O’Malley as archbishop of Boston and named the current bishop of Providence, Rhode Island, Richard Henning, to replace him as leader of one of the most important Catholic archdioceses in the United States.'Taxman' swoops in to claim share of freshly harpooned swordfish

A Southern California fish spotter on Sunday shared an image showing a mako shark as it circled a commercial fishing boat in the hope of completing its meal. “10-foot Mako Shark that ate the head and tail off of our harpooned Swordfish,” Carl Sbarounis, the boat's…

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia stock tanks as Magnificent 7 shares see worst market cap loss everNvidia led the Magnificent 7 stocks lower Monday as the group saw its biggest market cap wipeout ever.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

After $500-million Loblaw price-fixing settlement, lawyers set sights on other industry playersAttorneys say a commitment by Loblaw and George Weston to provide information will strengthen their case against other defendants
Source: globeandmail - 🏆 5. / 92 Read more »

Loblaw and parent company agree to pay $500 million in bread price-fixing lawsuitsLoblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a pair of class-action lawsuits regarding their involvement in an alleged bread price-fixing scheme.
Source: CP24 - 🏆 30. / 67 Read more »