After an unprecedented rise fueled by the AI boom, which saw its market cap soar nearly ninefold since late 2022, Nvidia’s stock hit a roadblock. Following an antitrust investigation by the Department of Justice and mounting concerns about the U.S. economy, Nvidia’s stock plummeted wiping out $279 billion in a single day—the largest one-day market cap loss in U.S. history.
Making Sense of Your Finances
Simplifying the complexities of personal finance with down-to-earth guidance for everyday living.