Tech Selloff Has Erased $1.1 Trillion of 'Magnificent Seven' Market Cap in 5 Days

By Emily Bary The seven Big Tech companies collectively have shed more than $500 billion in market cap on Wednesday alone As investors rotate out of large technology stocks, the "Magnificent Seven"

MarketWatch15:09 ET

Nvidia, TSMC, ASML Holding, Netflix, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, major U.S. indices showed mixed results. The tech-heavy Nasdaq experienced its worst day since 2022, dropping 2.77% to 17,996.92. The S&P 500 declined by 1.4% to 5,588.27.

Benzinga22:39 ET

Counterpoint: The global PC market rebounded in Q2, with shipments increasing by 3.1% year-on-year to 62.5 million units.

In Q2 2024, global PC shipments increased by 3.1% year-on-year to reach 62.5 million units, marking the second consecutive quarter of year-on-year growth in the PC market.

Zhitong Finance21:16 ET

NVIDIA(NVDA.US) Officer Sells US$30.64 Million in Common Stock

$NVIDIA(NVDA.US)$ Officer HUANG JEN HSUN sold 240K shares of common stock on Jul 15, 16, 2024 at an average price of $127.6587 for a total value of $30.64 million.Source: Announcement What is

Moomoo News17:03 ET

Nvidia-Backed AI Company Taps Clean Energy Partner

By Avi Salzman Bloom Energy stock rose 1.3% on Wednesday after signing a deal with Nvidia-backed AI cloud company CoreWeave to power a data center. It is a rare instance of a clean energy company

Barron's20:45 ET

Amazing prediction! Nvidia (NVDA.US) plummets by 6% and put options see a staggering one-day gain of $6 million.

At the time of the sharp drop in Nvidia (NVDA.US) stock price, traders who shorted the company in the options market seem to have earned over 6.5 million dollars.

Zhitong Finance19:15 ET