Nvidia shares tank as 'Magnificent 7' stocks on track to lose $520 billion in market cap

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 29 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Nvidia News

Nvidia Stock,Market Cap,Chip Stocks

Nvidia led the Magnificent 7 stocks lower Monday as the group was on track towards one of its largest market cap wipeouts.

) shares fell 6% as the 'Magnificent 7' stocks were on track to wipe out roughly $520 billion in market cap during

BALTIMORE, Aug. 05, 2024 -- Adams Diversified Equity Fund, Inc. announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date.

Olympics LIVE: Joe Clarke and Kimberley Woods win medals in kayak cross as Simone Biles beaten in floor final Coming soon! Over 965 competitors convene in Calgary, Alberta for the 46th annual Legion National Youth Track and Field Championships

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Nvidia shares tank as Magnificent 7 stocks on track to lose $500 billion in market capNvidia led the Magnificent 7 stocks lower Monday as the group saw its biggest market cap wipeout ever.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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 »

Nvidia stock falls more than 6%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia stock falls more than 5%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »