📉🚨 EARTHQUAKE ON WALL STREET! NVIDIA SUFFERS ITS WORST STREAK IN 14 YEARS AND LOSES US$1.6 TRILLION 💸💥
Semiconductor giant Nvidia (NVDA) is facing a historic crisis on the U.S. stock market. With this week’s losses, the company is heading into its sixth consecutive week in the red, marking its worst losing streak since October 2012. 📉🗓️
Since reaching its all-time high in early October 2026, its 29% cumulative plunge has wiped out nearly $1.6 trillion in market capitalization. This decline caused Nvidia to lose its crown as the world’s most valuable company to Apple. 🍎👑
What caused the plunge? 🔍⚠️
Leadership crisis: The decline accelerated after its co-founder and CEO of 33 years, Jensen Huang, resigned with immediate effect following revelations of personal scandals and investigations linked to national security. CFO Colette Kress took over on an interim basis. 👔🚪
AI concerns: The market is also showing unease over high financing costs due to interest rates and the actual pace of spending on artificial intelligence infrastructure. 🤖📊
All eyes are now on next Tuesday, November 17, when Nvidia will report its quarterly results under its new interim leadership. ⏳📈
$NVDAB $SHELL $AI
Semiconductor giant Nvidia (NVDA) is facing a historic crisis on the U.S. stock market. With this week’s losses, the company is heading into its sixth consecutive week in the red, marking its worst losing streak since October 2012. 📉🗓️
Since reaching its all-time high in early October 2026, its 29% cumulative plunge has wiped out nearly $1.6 trillion in market capitalization. This decline caused Nvidia to lose its crown as the world’s most valuable company to Apple. 🍎👑
What caused the plunge? 🔍⚠️
Leadership crisis: The decline accelerated after its co-founder and CEO of 33 years, Jensen Huang, resigned with immediate effect following revelations of personal scandals and investigations linked to national security. CFO Colette Kress took over on an interim basis. 👔🚪
AI concerns: The market is also showing unease over high financing costs due to interest rates and the actual pace of spending on artificial intelligence infrastructure. 🤖📊
All eyes are now on next Tuesday, November 17, when Nvidia will report its quarterly results under its new interim leadership. ⏳📈
$NVDAB $SHELL $AI
