$XAU Urgent: Nvidia plunges more than 7% after reports of plans to oust the CEO
Nvidia has lost about $630 billion in market value since Friday’s close ($186.64), based on its after-hours trading price of $160.72, after the stock fell 7.49% from Wednesday’s close of $173.73 following a New York Times report alleging, according to CNBC, that CEO Jensen Huang had a second relationship with one of the company’s executives. The stock had lost 9.5% over Monday and Tuesday’s sessions, or about $430 billion, as its board opened an independent investigation into Huang’s first relationship, which he acknowledged to employees, before the stock rebounded 2.87% on Wednesday. So how much of this loss is actually attributable to the matter?
$XAG
$XAI
#HuangRisksOusterOverReportedAffairWithSubordinate #AnthropicRejectsIPODelayValuationinQuestion #CoreWeaveJumps10%On168%RevenueGrowth #ZcashFallsBelow$1000ForFirstTimeSinceSeptember #CanNvidiaEarningsEaseMarketConcerns?
Nvidia has lost about $630 billion in market value since Friday’s close ($186.64), based on its after-hours trading price of $160.72, after the stock fell 7.49% from Wednesday’s close of $173.73 following a New York Times report alleging, according to CNBC, that CEO Jensen Huang had a second relationship with one of the company’s executives. The stock had lost 9.5% over Monday and Tuesday’s sessions, or about $430 billion, as its board opened an independent investigation into Huang’s first relationship, which he acknowledged to employees, before the stock rebounded 2.87% on Wednesday. So how much of this loss is actually attributable to the matter?
$XAG
$XAI
#HuangRisksOusterOverReportedAffairWithSubordinate #AnthropicRejectsIPODelayValuationinQuestion #CoreWeaveJumps10%On168%RevenueGrowth #ZcashFallsBelow$1000ForFirstTimeSinceSeptember #CanNvidiaEarningsEaseMarketConcerns?
